Report of the Insurance Department of the Comptroller-General's Office for the Year Ending December 31, 1908

THE LIBRARY OF
THE UNIVERSITY OF GEORGIASTATE CAPITOL ATLANTAREPORT
OF THE
71
Insurance Department
OF THE
COMPTROLLERGENERALS OFFICE
5
FOR THE
YEAR ENDING DECEMBER 311908
ATLANTA GA
Chas P Bthd State PJiitcr
1909 REPORT
Office of ComptrollerGeneral
Insurance Department
Atlanta Ga January 1 1909
To His Excellency Hoke Smith Governor
Sir In compliance with law I have the honor to
submit the twentyfirst annual report of the Insurance
Department ending December 31st 1908 The growth
of this Department of the ComptrollerGenerals office
has been phenomenal since its creation in 1887 The
great increase in the volume of business is not con
fined to any particular class of companies but is
general showing that there is a growing public demand
for insurance of every character In this connection
your attention is directted to the following comparative
figures
1888
Companies Amount at Risk Premiums Losses Taxes
Pire 97710213 1444669 663127 1444669
Life 27979122 876597 338964 876597
Assessment 9216500 80972 44014 80972
Miscellaneous 4927335 53587 10279 53537
Total 139833170 2455825 1056384 2455825
1898
Companies Amount at Risk Premiums Losses Taxes
pire 137297141 2186332 1274499 2186332
Life 81873834 2736088 1090177 2736088
Assessment 23180329 427680 218 432 427680
Miscellaneous 64604350 222607 2851 222607
rT 3 T
Total 306945653 5572707 2675959 955727076 ComptrollerGenerals Report
1908
Companies Amount at Risk Premiums Losses Taxes
Fire 33445958065 465173469 205994152 46 51716
Llfe 23825706162 816808490 296629796 8ls20 74
Assessment 928140970 77816007 34283814 7 697 6
Miscellaneous 9445492927 81159850 35155873 sio2L37
Total 67645298124 1440957816 572063635 14405689
It should be borne in mind that the premiums
reported are the gross premiums from which should be
deducted losses and all expense items in order to
arrive at actual profits of each class of companies on
each years business After allowing for these deduc
tions however it will be seen that the business as a
whole has been fairly profitable to the companies It
will also be observed that by the large increase in the
volume of business the States income from the tax
on premiums has correspondingly increased until it
has reached the sum of 14405689 for the year 1908
I have not included in the foregoing statements the
business of Secret Fraternal Beneficiary Societies
chartered by the laws of this or other States conduct
ing business in this State because the law imposes
no tax on assessments collected from their members
and therefore the amounts collected are not reported
to this department It should also be stated that the law
prescribes no standard form of annual report to this
department for such societies and the cost of publish
ing this report has so enormously increased during the
last three or four years I have deemed it proper to
omit these annual statements from the reports of this
department
In previous annual reports of this department I have
taken occasion to direct attention to the numerous
defectsinmfeystr of State regulation and super
visionpfvftie insurance bnmess in Georgia with theComptrollerGenerals Report 7
hope that needed amendments might be adopted by
the Legislature
The Act providing for State supervision of this busi
ness with the ComptrollerGeneral as ExOfficio Insur
ance Commissioner was passed October 24 1887 At
the time of its enactment it was thought to be suf
ficiently comprehensive to afford adequate protection
to all classes of policyholders in this State However
well this Act may have safeguarded the interests of
the insured at the time of its passage the fact remains
that under existing conditions differing as they do
so widely from those prevailing at that time the entire
system is in need of thorough revision The magni
tude of the work involved in its accomplishment seems
to make it impracticable at this time I therefore wish
to call attention to such features of our present systenj
which in my judgment most urgently need and demand
amendment trusting that they will receive consider
ation at the approaching session of the General
Assembly
First of all in importance the powers of the
ComptrollerGeneral as Insurance Commissioner
should be so enlarged as to provide for State regu
lation and supervision of the insurance business in fact
as well as in name To this end his jurisdiction should
be made to extend to all classes of insurance companies
including Fraternal Beneficiary associations of every
character It is needless to say that supervision by
this department to be effective should authorize annual
examinations of insurance companies or whenever it
may be deemed necessary by the Insurance Commis
sioner The scope of these investigations should not
be limited merely to the ascertainment of the solvency
of the companies as is now the case but the Insurance
Commissioner should be empowered to inquire into the
11038
ComptrollekGenekaes Eeport
honesty as well as the intelligence of the management
of the affairs of the companies
In case it is found that the management of any com
pany is dishonest or fraudulent the Insurance Commis
sioner should be clothed with authority to refuse license
to such companies and if they have already been
licensed to revoke their license To properly make
these examinations the services of an expert actuary
and accountant would be indispensable and I would
therefore recommend that the Insurance Commissioner
be authorized to employ some competent person for this
work
I should perhaps take up in detail the amendments
which in my judgment are essential to the protection of
the public referring first to Fire Insurance Companies
The laws of this State make three subdivisions of
this class of companies as follows Stock Companies
Mutual Companies and CoOperative or Assessment
Companies Our statutory requirements relating to the
two first named classes in the light of many years
experience have fully protected holders of their policies
This is not true as to the last named CoOperative or
Assessment Companies The laws prescribing con
ditions upon which such companies may be licensed by
this department have proven to be utterly inadequate
for the protection of the insurers in these companies
and need amendment I would recommend that all such
companies except those which are purely local confin
ing their business to the county in which they are
organized be required to make a deposit of not less
than ten thousand dollars with the State Treasurer or
some Trust Company in such securities as may be
approved by the Insurance Commissioner In addition
to this they should be required to set aside the sameCompteolleeGeneeals Repoet
9
reinsurance reserve from their premium income as is
required of stock and mutual fire companies
It is unquestionably true that the lax laws relating
to this class of companies have encouraged their organi
zation and in many instances utterly irresponsible
persons have taken advantage of this fact to organize
and operate such companies solely for profit to them
selves yet I have no option in the matter being com
pelled to license them where they have complied with
the present lax requirements
Life Insurance Companies
The laws of this State prescribing the conditions upon
which Life Insurance Companies of this and other
States may do business in Georgia are also defective
in many respects and should be amended in order to
more thoroughly protect the interests of the many
thousands of Georgia policyholders
This Department should be clothed with wide dis
cretionary powers in the supervision of this branch of
the insurance business Laws should also be enacted
whereby all officers of such companies should be held
to a strict accountability for any mismanagement of
the companys affairs
Nonresident companies should be required to make
deposits in their home State in United States or State
bonds or in municipal bonds the same being required
of Georgia companies The marvelous growth of the
life insurance business in this State during the last two
decades the premium receipts being 816808490 in
1908 indicates the increasing popularity of life insur
ance in this State This has encouraged the organiza
tion of quite a number of Mutual and CoOperative or
Assessment Companies under charters obtained from10
ComptbollebGenebals Repobt
the State All of them being purely mutual of course
had no capital stock by which to make the required
deposits with the State and supply funds for the con
duct of their business until their incomes were sufficient
to take care of expenses To do this they have been
compelled to adopt methods the wisdom of which at
least has not been without criticism This is a matter
which is of vital interest to policyholders in these com
panies and to a considerable extent affects the finan
cial strength of the companies The State therefore
should regulate this matter and prescribe some uniform
plan for this purpose I would recommend as perhaps
the simplest solution of the question that such com
panies be authorized and required to raise aguaranty
fund of not less than one hundred thousand dollars in
the case of Mutual Life Companies and in the case of
CoOperative Companies at least twenty thousand
dollars The law should provide for the payment of
a fair rate of interest on this guaranty capital to be
paid from the expense fund only Provision might also
be made for its retirement from the excess of surplus
over the amount of said guaranty fund if it should be
deemed wise to do so This would obviate the necessity
for resorting to all kinds of methods heretofore used by
these companies In this connection I would also sug
gest that all Life Companies Stock as well as Mutual
and nonresident as well as domestic companies be pro
hibited from issuing any form of special contract to a
preferred class of policyholders under penalty of a
revocation of their license by the Insurance Commis
sioner Indeed no Life Company should be allowed to
make any distinction or discrimination in favor of
individuals between insurants of the same class and
equal expectation of life in the amount or payment of
premiums or rates charged for policies for life or enComptrollerGenerals Report 11
dowment insurance or in the dividends or other benefits
payable thereon or in any other of the terms and con
ditions of the contracts it makes Such companies
should be prohibited also under proper penalties from
making issuing circulating or causing to be made
issued or circulated any estimate illustration circular
or statement of any sort misrepresenting the terms of
any policy issued by it or the benefits or advantages
promised thereby or the dividends or share of the
surplus to be received thereon or should use any name
or title of any policy or class of policies that does not
bear the signature of the president or secretary of the
company No company of this class doing business in
Georgia should be allowed to issue a policy to a resi
dent of this State which does not have in large letters
upon its face a plain description of the policy so fully
defining its character including dividend periods and
other peculiarities that the holder thereof would not be
liable to mistake the nature or scope of the contract
Assessment Life Insurance Companies
This class of insurance companies should be subject
to examination by this Department whenever it should
be deemed necessary by the Insurance Commissioner
It is needless to say that encouraged by the fact that
practically no supervision of their business is exercised
by the State has greatly multiplied their number Their
policyholders inthis State are entitled to the same pro
tection from the State that policyholders in the larger
legal reserve companies receive from State supervision
The law now requires reasonable deposits with the State
Treasurer for the security of policyholders but makes
no provision for safeguarding the funds coming into
the hands of the company This Department should
have authority to inquire into their management and see12
Comptroller Generals Eeport
that the funds belonging strictly to policyholders are
not encroached on for any purpose whatsoever
Surety Companies
Attention is respectfully called to what seems to be
an injustice of our law regulating the business of surety
companies in Georgia Only bonding companies becom
ing sureties on official bonds of State county or munici
pal officers are required to make deposits with our State
Treasurer to protect their bonds Such companies as
confine their business exclusively to court or other bonds
are not required to make deposits in this State thus
depriving estates widows and minors of the protection
which the laws afford the State counties and munici
palities I must confess I fail to see the justice of this
statute and therefore recommend that all companies
of this character be required to make the same deposits
as are now made by companies writing an official bond
business
Fraternal Beneficiary Associations
What has been said of the statutes relating to other
classes of insurance companies is equally applicable to
beneficiary orders both nonresident and domestic
It is doubtless known that organizations of all such
associations in Georgia are had under charters obtained
from judges of the Superior Court under an old sec
tion of our Code enacted many years before there was
any thought of State supervision of the insurance busi
ness and therefore affords no protection to their mem
bers or policyholders Such associations having no
capital or guaranty fund for the protection of certificate
holders at the time of beginning business should not
be licensed by the State until it can be shown to the
Insurance ommissioner that the association has actualComptrollerGenerals Eeport
13
bona fide applications for death benefit certificates
upon at least a sufficient number of lives the assess
ments on which would raise the maximum amount of
any policy which it proposes to issue on one life and
that each applicant has paid in cash one regular pay
ment or assessment based on the table of mortality
fixed by the National Fraternal Congress
The license fee of 1000 required of these associations
is a mere nominal charge as compared with licenses and
other taxes imposed on other insurance companies and
should be increased
In conclusion I desire to call attention to the matter
of taxation of insurance companies in general The
subject of taxation by the several States is engaging
the attention of the public throughout the United States
and especially of life insurance companiesthe con
sensus of opinion being that the laws of practically all
the States need modification It is claimed and with
seeming justice that the policyholders who pay the
premiums like the consumer of any article of mer
chandise pays at last all taxes laid on the business
This being true all taxation of insurance companies
should be levied with due regard to this fact It is not
the policy of this State to make taxes onany class of
subjects burdensome The effect of our present system
however has been to do so especially in the case of
Georgia companiesso much so that it has amounted
to an actual discrimination against companies organized
in this State To illustrate Georgia companies are
required to pay three taxes first taxes on all property
which of course includes every item of property of the
company second a tax of one per cent on all premiums
and third license taxes imposed by the State and
municipalities on the companies and all of their agents
Whereas nonresident companies having practically allu
ComptrollerGenerals Report
of their property real as well as personal outside of
Georgia and not being taxable in their home State are
relieved from this tax and therefore only pay taxes
on their premiums and license taxes
It is needless to say that this burdensome discrimi
nation has prevented the organization of stock com
panies notwithstanding Georgia in other respects offers
superior inducements for the investment of capital in
this business which is evidenced by the fact that Atlanta
is the largest insurance center south of New York The
total business written by all classes of companies in
this State for 1908 amounted to 67645298124 and the
premiums collected on said business reached the enor
mous sum of 1440957816 We should therefore en
courage by wise and just legislation the investment of
Georgia money in Georgia insurance companies
Respectfully
WM A WRIGHT
CompGenl and ExOfficio Ins ComrComptrollerGenerals Report
15
The following Fire Insurance Companies having
complied with the laws of Georgia are authorized to
transact business in this State for the year 1908
Aachen Munich 84 Williams St New York
Adirondack Fire New York N Y
Alliance Fire Insurance Co Philadelphia Pa
American Central Fire 415 Locust St St Louis Mo
American Fire Insurance Co Newark N J
Agricultural Fire Watertown N Y
Aetna Fire Hartford Conn
Athens Mutual Fire Athens Ga
Atlas Assurance Co London 49 Wall St New York
Atlanta Home Atlanta Ga
Blue Ridge Fire Marianna Fla
Boston Insurance Co Boston Mass
British America 18 Front Street Toronto Canada
Caledonian 27 Pine Street New York
Citizens Fire St Louis Mo
Commercial Union 58 William Street New York
Continental 46 Cedar Street New York
Connecticut Fire Hartford Conn
Cosmopolitan Fire New York N Y
Delaware Fire Philadelphia Pa
Pixie Fire Greensboro N C
Equitable Fire Charleston S C
Federal Fire Insurance Co Jersey City
Fidelity Fire New York N Y
Fire Association of Philadelphia 34 Fifth Street
Philadelphia Pa
Firemans Fund San Francisco Cal
Firemans Insurance Co Newark N J
Florida Home Marianna Fla
Georgia Home Columbus Ga
Georgia Fire Cedartown Ga16
ComptrollerGenerates Report
GermanAmerican 115 Broadway New York
Germania Fire 117 Broadway New York
German Alliance New York
Girard Fire Marine Insurance Co Philadelphia Pa
Glens Falls Fire 149 Glen Street Glens Falls N Y
Globe Rutgers New York N Y
HamburgBremen U S B 62 Cedar St 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 St
Philadelphia Pa
Insurance Company State of Pennsylvania Philadel
phia Pa
Jefferson Fire Insurance Co Philadelphia Pa
Liverpool and London and Globe of England U S B
45 Williams Street New York
Liverpool and London and Globe New York
London Assurance U S B 88 Wall St 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 Union Fire Lansing Mich
Mercantile Mutual Fire 10 Weybossett Street Provi
dence R I
Milwaukee Mechanics Milwaukee
National Fire Hartford Conn
National Union Fire Pittsburgh Pa
Niagara New York
New Brunswick New Brunswick N J
New Hampshire Manchester N H
Norwich Union 67 Wall Street New York
North British and Mercantile U S B 54 Williams St
New YorkComptrollebGenerals Eepoet
17
Northern Assurance 25 Pine Street New York
North Eiver Insurance Co 84 Williams St 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 St Philadelphia Pa
Phoenix Assurance of England U S B 47 Cedar St
New York
Phenix of New York 16 Court St Brooklyn N Y
Phoenix of Connecticut 64 Pearl St Hartford Conn
Queen of America 49 Cedar Street New York
Queen City Fire Sioux Falls S I
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 St
Hartford Conn
Seaboard Fire and Marine Insurance Co Galveston
Texas
Security Fire New Haven Conn
Shawnee Fire Topeka Kans
Southern Fire Lynchburg Va
Southern Mutual Athens Ga
Southern Fire of New Orleans La
Springfield Fire and Marine Springfield Mass
St Paul Fire and Marine St Paul Minn
Sun Insurance Office England 54 Pine St New York
Sun Fire Insurance Co New Orleans La
United States Lloyds New York N Y
United Firemen Philadelphia Pa
Virginia State Richmond Va
Western Assurance 22 Wellington St Toronto Canada
Westchester Fire 27 and 29 Pine Street New York
Williamsburg City Fire 150 Broadway New York
2cg18
ComptrollerGenerals Report
The following Life Insurance Companies having com
plied with the laws of Georgia are authorized to
transact business in the State for the year 1908
American National Life Lynchburg Va
Aetna Life Hartford Conn
American National Life Galveston Texas
Citizens Life Insurance Co Louisville Ky
Columbian National Boston
Connecticut Mutual Life Hartford Conn
Des Moines Life Des Moines Iowa
Empire Life Atlanta Ga
Equitable Life 120 Broadway New York
Fidelity Mutual Life Philadelphia Pa
Franklin Life Springfield 111
Great American Life St Louis Mo
Great Western Life Kansas City Mo
Greensboro Life Greensboro N C
Germania Life 20 Nassau Street New York
Guarantee Life Houston Texas
Home Life 256 Broadway New York
Illinois Life Chicago 111
Jefferson Standard Life Raleigh N C
Life Insurance Company of Virginia Richmond Va
Louisiana National Life New Orleans La
Manhattan Life of New York
Maryland Life 10 South Street Baltimore Md
Massachusetts Mutual Life 413 Main St Springfield
Meridian Life and Trust Company Indianapolis Ind
Metropolitan Life 36 Park Place New York
Michigan Mutual Life Detroit Mich
Missouri State Life St Louis
Mutual Benefit Life 752 Broad St Newark N J
Mutual Life of New York 32 Nassau Street New York
National Life Chicago 111
ComptrollerGenerals Report
19
National Life Montpelier Vt
New England Mutual Life Boston
New York Life 346 and 348 Broadway New York
Northwestern Mutual Life corner Broadway and Mil
waukee Streets Milwaukee Wis
Northwestern National Minneapolis Minn
Pacific Mutual Life San Francisco Cal
Philadelphia Life Insurance Co Philadelphia
Prudential Life Newark N J
Penn Mutual Life 921 Chestnut St Philadelphia Pa
Phoenix Mutual Life Hartford Conn
Reliance Life Hartford Conn
Reserve Loan Life Indianapolis Ind
Ridgely Protective Association AVorcester Mass
Rome Industrial Rome Ga
Security Life of America Chicago
Security Mutual Life Binghamton N Y
State Mutual Life Rome Ga
State Life Indianapolis Ind
State Mutual Life Assurance Co Worcester Mass
South Atlantic Richmond Va
Southern States Life Montgomery Ala
Sun Life Assurance Montreal Canada
Southern States Mutual Life Charleston W Va
Southern Life Fayetteville N C
Travelers Life Insurance Co 56 Prospect St Hartford
Conn
Union Central Life 243 West Fourth St Cincinnati 0
Union Mutual Life Portland Me
Volunteer State Life Chattanooga Tenn
Washington Life New York N Y
The following Assessment Fire Life and Accident
Insurance Companies having complied with the laws of20
Comptroller Gen eral s Report
Georgia are authorized to transact business in the
State for the year 1909
American Insurance Company fire Atlanta Ga
American Assurance Association life Atlanta Ga
Atlanta Mutual Insurance Association life Atlanta
Georgia
Bankers Health and Life Insurance Co Macon Ga
Continental Aid Association Atlanta Ga
Cherokee Mutual Fire Canton Ga
Farmers Mutual Fire Insurance Co Dawson Ga
Farmers CoOperative Fire Insurance Co Jackson Ga
Farmers Mutual Fire Association Calhoun Ga
Farmers Protective Fire Insurance Co Lithonia Ga
Fire Insurance Company of Georgia Dallas Ga
Gate City Fire Insurance Company Atlanta Ga
Georgia CoOperative Fire Savannah Ga
Georgia Mutual Industrial Life and Health Augusta
Georgia
Ginners Mutual Insurance Co Athens Ga
Great American CoOperative Fire Association Macon
Georgia
Great Southern Home Industrial Birmingham Ala
Guaranty Aid and Relief Society Savannah Ga
Home Friendly Society Baltimore Md
Industrial Life and Health Insurance Co Atlanta Ga
Live Stock Owners Buchannan Ga
Merchants Mutual Fire Atlanta Ga
Mutual Benefit Life Insurance Co Valdosta Ga
Mutual Benefit Industrial Life Association Savannah
Georgia
Mutual Life Industrial Association Athens Ga
Mutual Fire Cordele Ga
New South Mutual Life Insurance Co Atlanta Ga
Pilgrim Health and Life Association Augusta Ga
ComptrollerGeneral s Report
21
Provident Life and Accident Chattanooga Tenn
State Mutual Fire Association Gainesville Ga
Sterling Mutual Life Insurance Co Madison Ga
South Georgia Farmers Fire Insurance Co Thomas
ville Ga
Southeastern Mutual Fire Insurance Co Macon Ga
Southern Life Insurance Co Dawson Ga
Southern Life and Health Insurance Co Atlanta Ga
Sunlight Insurance Company Atlanta Ga
Southern Mutual Life Insurance Association Atlanta
Georgia
Union Mutual Association Atlanta Ga
Union Fire Insurance Co Atlanta Ga
Union Benefit Association Savannah Ga
Western Insurance Company of Georgia Carrollton Ga
The following miscellaneous companies having com
plied with the laws of Georgia are authorized to trans
act business in the State for the year 1908
Aetna Indemnity Hartford Conn
Aetna Accident and Liability Insurance Co Hartford
Conn
American Bank Insurance Co Minneapolis Minn
American Casualty Philadelphia
American Surety New York
American Bonding 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 Assurance Corporation 71 Kilby
Street Boston Mass
Fidelity and Casualty 214 Broadway New York
Federal Casualty Detroit Mich
Fidelity and Deposit Company Baltimore Md99
ComptrollerGenerals Report
Frankfort Marine Accident and Plate Glass United
States Branch New York
General Accident Association Corporation United
States Branch Philadelphia Pa
Great Eastern Casualty Indemnity Co 290 Broadway
New York
Guarantee of North America 157 St James Street
Montreal Canada
Hartford Steam Boiler 218 Main St Hartford Conn
Lloyds Plate Glass 68 Williams St New York
London Guarantee and Accident 139 LaSalle Street
Chicago 111
Maryland Casualty Company Baltimore Md
Massachusetts Bonding Company Boston Mass
Metropolitan Casualty Company New York
Metropolitan Surety New York
National Surety Company New York N Y
National Life and Accident Nashville Tenn
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
Philadelphia Casualty Company Philadelphia
Preferred Accident Insurance Co New York
Standard Accident Insurance Co Detroit Mich
Thames and Mersey Marine 69 Wall Street New York
Title Guaranty and Surety Company Scranton Pa
Travelers Indemnity Company Hartford Conn
United American Philadelphia Pa
Union Health and Accident Denver Colo
United States Casualty Company 38 Nassau St New
York
United States Fidelity and Guaranty Baltimore MdComptrollerGenerals Report 23
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 Mutual Benefit Association Cartersville Ga
American Woodmen Denver Colo
Catholic Knights of America St Louis Mo
Citizens Mutual Benefit Society Atlanta Ga
Columbian National Boston Mass
Eminent Household of Columbian Woodmen Atlanta
Georgia
Farmers Home Beneficiary Association Comer Ga
Farmers Mutual Life Protective Association Atlanta
Georgia
Farmers Life Confederation Atlanta Ga
Foresters Toronto Canada
Fraternal Union of America Denver Colo
Fraternal Relief Association Richmond Va
Fraternal Bankers of America Decatur 111
Fraternal Life Association Atlanta Ga
Fraternal Mystic Circle Philadelphia Pa
Independent Order of Heptasophs Baltimore Md
Home Friend Athens Ga
Herald of Liberty Huntsville Ala
Homesteaders Des Moines Iowa
Knights of Honor St Louis Mo
Knights of Agriculture Washington D C
Keystone Guard Athens Ga
Knights of Columbus New Haven Conn
Knights of Modern Maccabees Port Huron Mich
Knights of Pythias Chicago 11124
ComptrollekGeerals Report
Ladies of the Maccabees Port Huron Mich
Legion of Bed Cross Baltimore Md
Masons Annuity Atlanta Ga
Modern Brotherhood of America Mason City Iowa
Modern Workmen of the World Alexandria Va
National Benevolent Society Kansas City Mo
National Fraternal League Bradford Pa
National Life Annuity Association Atlanta Ga
National Protective Legion Waverly N Y
National Union Fraternal Life Association Atlanta Ga
North American Union Chicago 111
Old Dominion Protective Association Alexandria Va
Peoples Mutual Benefit Association Summerville Ga
Retail Merchants Association
Royal Arcanum Boston Mass
Royal Fraternal Union
Royal Benefit Society Washington D C
Sailors Association
Supreme Tribe Ben Hur Crawfordsville Ind
Senate National Union Toledo Ohio
Southern Protective Association Atlanta Ga
Southern Benevolent Life Association
United Commercial Travelers Columbus Ohio
United Benevolent Society Atlanta Ga
Union Fraternal Association Aberdeen Miss
United Protective AssociationComptrollerGenerals Report 25
AACHEN MUNICH FIRE INSURANCE COMPANY OF
AIXLACHAPELLE GERMANY
Joseph A Kelsey United States Manager
Principal Office in United States 84 William St New York City
Dan B Harris Atlanta Attorney for Service in Georgia
IDeposit Capital
I In the custody of State
officials of the State of
New York for the benefit
of all the policyholders of
the Company in U S 220000 00
3 Amount of ledger assets as per balance
December 31 of previous year 1783301 02
Extended at 1783301 02
IIIncome
As Shown by the Books of the U S Branch Office at
Close of Business December 31 1907
4 Gross premiums 1328600 79
5 Deduct reinsurance rebate abatement and
return premiums
333507 37
6 Total premiums other than perpetual 993093 42
10 Gross interest on bonds and dividends
on stocks 50600 00
11 Gross interest on deposits 6493 27
12 Gross interest from all other sources 150 29
14 Total gross interest and rents
15 Received from Home Office
995093 42
57243 56
36874 21
1089211 19
28 Total income
29 Amount carried forward 2872512 21
IIIDisbursements
As Shown by the Books at the U S Branch Office at Close
of Business December 31 1907
1 Gross amount paid policyholders for losses
including 24901669 occurring in pre
vious years 623674 20
2 Deduct amount received for salvage
355488 and for reinsurance in other
Companies 9883261 102387 49
3 Net amount paid policyholders for losses 521286 71 521286 7126
CoMPTROLLERGrENEBAL s REPORT
9
10
11
12
13
14
15
16
17
18
19
22
23
24
27
Expenses of adjustment and settlement of losses
Remitted to home office
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 2108457 and expenses 1287194 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 128702 printing and stationery 704639
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrols and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Give items and
amounts
Municipal and county taxes and fees
All other disbursements Give items and amounts
Commercial ratings 765 71
Miscellaneous items 9 195 71
25993 84
6224 78
224492 93
2156 41
33956 51
60842 39
9070 08
8333 41
9561 95
205 52
3286 85
3313 01
13286 44
10789 91
3184 07
12787 35
5858 03
1963 54
2961 42
28 Total disbursements
959555 15
29 Balance
IVLedger Assets
4 Book value of bonds excluding interest
5 Cash in companys office
6 Deposited in trust com
panies and banks not on
interest
Chase National Bank
New York
Anglo Californian Bk
Ltd San Francisco
7 Deposited in trust com
panies and banks on
interest
Chase National Bank
New York
1620457 80
86 82
3750 00
5844 86
53243 86
9594 86
1912957 069
11
16
18
22
28
32
33
35
38
39
1
2
ComptrollerGenerals Keport 27
Ladenburg Thai maim
Co New York 96124 84
149368 70
Agents balances representing business
written subsequent to October 1 1907 124969 20
Agents balances representing business
written prior to October 1 1907 7006 68
Bills receivable taken for fire risks 1473 00
Total ledger assets 1912957 06
NonLedger Assets
Interest due and accrued 18955 84
Total 18955 84
Gross assets 1931912 90
Deduct Assets Not Admitted
Agents balances representing business
written prior to October 1 1907 7006 68
Bills receivable past due taken for
marine inland and fire risks 1473 00
Book value of ledger assets over market
value viz 145175 30
Total 153654 98
Total Admitted Assets 1778257 92
VLiabilities
Gross losses adjusted and unpaid due
none not yet due 1087055 10870 55
Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 65419 73
Gross claims for losses resisted 9840 00
Total 86130 28
Deduct reinsurance due or accrued 4281 77
Net amount of unpaid losses and claims 81848 51
Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest pre
miums on perpetual fire risks 690
36545 unearned premiums fifty per
cent 345182 7328 ComptrollerGenerals Report
8 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 89994459 un
earned premiums pro rata 493972 17
12 Total unearned premiums as computed above 839154 90
19 Commissions brokerage and other charges due or to
become due to agents and brokers 1 090 00
25 Total amount of all liabilities 922 093 41
26 Deposit capital 220000 00
27 Surplus over all liabilities 636164 51
28 Surplus as regards policyholders 856 164 51
29 Total 1778257 92
ADIRONDACK FIRE INSURANCE COMPANY OF NEW YORK
G A Mitchell President R H McKelvey Secretary
Principal Office 84 William St New York
F B Marsh Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock oqq 000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 289400 00
13 Cash belonging to the company deposited
in bank Marine National Bank Buffalo
6016043 Manufacturers and Traders
National Bank Buffalo 2038563 Na
tional Park Bank N Y 1201883 92564 89
Total cash items 92 564 89
15 Interest due and accrued on bonds not included in mar
ket value uncollected ot r go
17 Cash in hands of agents and in course of transmission 46716 34
All other assets both real and personal viz Lumber
Insurance Co of N Y i or
1 95
Total assets of the company actual cash market value 431829 0111
19
20
21
23
24
ComptbolleeGenebals Kepoet
IIILiabilities
Gross losses in process of adjustment
or in suspense including all reported and
supposed losses 5891 34
Losses resisted including interest costs
and other expenses thereon 449 47
Total gross amount of claims for losses 6340 81
Deduct reinsurance thereon 108 01
Net amount of unpaid losses
Unearned premiums fifty per cent as
per schedule 111399 73
Unearned premiums pro rata as per
schedule 8642 00
Total unearned premiums as computed above carried out
AH other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commission 1457231 reinsurance
64289
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 26747 21
Net collected 26747 21
Gross premiums on risks written and
renewed during the year as shown in
risk and premium exhibit 352916 70
Total 379663 91
Deduct premiums and bills in course of
collection at this date 46716 34
Entire premiums collected during the year 332947 57
Deduct reinsurance and return premiums 109736 42
Net cash actually received for premiums carried out
29
6232 80
120041 73
15215 20
141489 73
200000 00
90339 28
431829 01
223211 1530
CompteollerGteneeals Report
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 13235 70
12 Income received from all other sources omitting increase
if any in value of securities viz Discount on loss
Paid 538 05
15 Aggregate amount of income actually received during the
year in cash 236984 90
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 656169 losses occurring in pre
vious years 115947 65
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 20293 and all
amounts actually received for reinsur
ance in other companies 1780662 total
deductions 18009 55
Net amount paid during the year for losses 97938 10
6 Paid for commissions or brokerage 19 347 05
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 6 537 qq
8 Paid for State National and local taxes in this and other
States 4348 20
9 All other payments and expenditures viz Adjustment
charges 67467 commission paid general agency
4481471 legal expenses 196476 furniture 45845
auditing 61000 fidelity bonds 14220 moving
10228 administration 74533 total 49 512 40
10 Savannah bonds 20 16r q
Aggregate amount of actual expenditures during the
year in cash m845 25
Business in the State of Georgia during the Year
Fire risks written 107j3f4 Q
Premiums received gross 3 q8q 9q
Losses paid
Losses incurred ComptrollerGenerals Eepoet
01
ETNA FIRE INSTJIANCE COMPANY HARTFORD CONN
William B Clark President Henry E Rees Secretary
Home Office Hartford Conn
James S Middleton Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 4000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 13065471 74
Extended at 13065471 74
IIIncome
5 Gross premiums 9158407 15 63525705
6 Deduct reinsurance re
bate abatement and re
turn premiums 245477452 21250604
7 Total premiums other than
perpetual 6703632 63 42275101 7126383 64
8 Deposit premiums written on perpetual risks gross 6785 22
9 Gross interest on mortgage loans 777 66
11 Gross interest on bonds and dividends on
stocks 59870307
12 Gross interest on deposits 1164727
15 Total gross interest and rents
16 Gross profit on sale or maturity of ledger assets
19 Conscience fund 810 00
20 Old balance collected 14 87
611128 00
72520 00
824 87
28 Total income 7817641 73
IIIDisbursements
Marine and
Fire Inland
1 Gross amount paid policy
holders for losses includ
ing 55031701 occurring
in previous years 3928246 03 355382 63
2 Deduct amount received
for salvage 5682310
and for reinsurance in
other Companies 938
77596 885966 43 109632 6332
ComptrollerGenerals Eepoet
3 Net amount paid policy
holders for losses 3042279 60 245750 00
4 Expenses of adjustment and settlement of losses
5 Deposit premiums returned
6 Paid stockholders for interest or dividends amount de
clared during the year 776000 including stockholders
tax
9 Commissions or brokerage
11 Salaries 157528 and expenses 10259632 of special and
general agents
12 Salaries fees and all other charges of officers directors
trustees home and branch offices employees
14 Advertising 2108895 printing and stationery 5114274
15 Postage exchange telegrams telephone express and
freight
16 Legal expenses
17 Furniture and fixtures
18 Maps including corrections
19 Underwriters boards and tariff associations
20 Fire department fire patrol and salvage corps assess
ments fees and expenses
21 Inspections and surveys
22 Eepairs and expenses other than taxes on real estate
24 State taxes on premiums
25 Insurance department licenses and fees
26 All other licenses fees and taxes give items and
amounts viz Fire department taxes 3594650 city
town and county licenses 2216489 fire marshal tax
53900 franchise tax 53000
26 Additional items of expense viz Auditing 60000
miscellaneous expenses at Western Northwestern and
Pacific Branch Offices 3921433 expenses at minor
branch offices 3773808 light and power vault protec
tion lunch system janitor and engineers supplies ice
laundry coal and water 1490539
27 Gross loss on sale or maturity of ledger assets
30 Interest paid on loan 27 858 18
31 Interest paid Munich ReTnsuranee
Company 20505 61
32 Other disbursements including loan uncollectible balance
printing department etc
3288029 60
43308 50
2291 18
776000 00
1221942 35
260124 32
292296 99
72231 69
53558 00
951921
10476 40
12198 43
95864 44
12488 80
15694 95
958 61
104866 40
21824 75
59180 39
92457 SO
1320 00
48363 79
855202 SO
40 Total disbursements 7 350 199 40
41 Balance 13532914 07ComptrollerGenerals Eeport
33
IVLedger Assets
588207 93
600 00
1 Book value of real estate
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
777008947 and Stocks 377497040 11545059 87
5 Cash in companys office 2253 81
6 Deposited in trust companies and banks
not on interest 70623 59
7 Deposited in trust companies and banks
on interest 1125240 25
8 Agents Balances representing business
written subsequent to October 1 1907 178654 48
9 Agents Balances representing business
written prior to October 1 1907 22274 14
16 Total ledger assets 13532914 07
NonLedger Assets
17 Interest due and accrued on mortgages 36 00
18 Interest due and accrued on bonds 60849 29
20 Interest due and accrued on other assets 437 50
22 Total
24 Market value of bonds and stocks over book value
25 Other nonledger assets viz Gross premiums in course
of transmission December 31
61322 79
584260 91
841553 73
28 Gross assets 15020051 50
Deduct Assets Not Admitted
32 Agents balances representing business written prior to
October 1 1907 22274 14
36 Eeal Estate 113207 93
38 Total
135482 07
39 Total admitted assets 14884569 43
VLiabilities

1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses
3 Gross claims for losses resisted
238494 19
489911 99
36740 45
4 Total
3cg
765146 63u
ComptrollerGenerals Report
5 Deduct reinsurance due or accrued 192460 95
6 Net amount of unpaid losses and claims 572685 6l
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired Are risks running one year or less
from date of policy including interest
premiums on perpetual fire risks 4
23023396 unearned premiums fifty
per cent 2115116 98
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 703010308
unearned premiums pro rata 3851390 74
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
29624869 unearned premiums fifty
per cent 148124 34
12 Total unearned premiums as computed above 6114632 06
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received 93532 15
21 Commissions brokerage and other charges due or to be
come due to agents or brokers gg 99 9
22 Return premiums 15233108 reinsurance premiums
10988139 262212 47
27 Total amount of all liabilities except capital 7129 963 55
28 Capital actually paid up in cash 4000000 00
29 Surplus over all liabilities 3754605 88
30 Surplus as regards policyholders 7 754 gQ5 88
31 Total liabilities hss 43
Business in the State of Georgia Dining the Year
Fire Marine Inland Tornado Aggregate
Gross risks written 14766136 00 251347 00 819000 00 15836483
Gross premiums re
ceived 240228 91 2345 81 7585 65 250160
Losses paid 176017 35 735 60 116 53 176869
Losses incurred 160849 38 368 60 116 53 161334
00ComptrollerGeneral s Report
35
AGRICULTURAL fire insurance company watertown n y
W H Stevens President J Q Adams Secretary
Principal Office 23 Washington St Watertown N Y
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon as specified in
Schedule A 51227 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 021942 68
3 Interest due on all said bond and mortgage loans
403705 interest accrued thereon 1010311 total 14140 10
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 855173 00
5 Value of buildings mortgaged 339949 00
0 Total value of said mortgaged premises
carried inside 1195122 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1055999 34
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 461810 42
12 Cash in companys principal office 9627 04
13 Cash belonging to the company deposited
in bank Natl Union Bank Watertown
N Y 7744162 Jefferson Co Natl
Bank Watertown N Y 3532130
Watertown Natl Bank Watertown N
Y 3675790 Natl Bank Loan Co
1723152 Carthage National Bank
Carthage N Y 500000 National
Herkimer Co Bank Little Falls N Y
900000 Mercantile Trust Co New
York City 2793777 Ohio Mutual Sav
ings Loan Co Cleveland Ohio
100000 Cleveland Savings Loan Co
Cleveland Ohio 1000000 Euclid Ave
Trust Co Cleveland Ohio 1000000
total 229690 11
Total cash items 239317 15
14 Amount of premium notes upon which policies have been
issued 2719 4436
ComptrollerGenerals Eeport
15 Interest due and accrued on bonds not included in mar
ket value uncollected 8945 41
16 Interest due and accrued on collateral loans and un
collected 9658 91
17 Cash in hands of agents and in course of transmission 249054 62
All other assets both real and personal 2661 97
Total assets of the company actual market value 2717477 10
IIILiabilities
1 Losses due and unpaid 31973 73
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 62373 50
3 Losses resisted including interest costs
and other expenses thereon 25633 50
4 Total gross amount of claims for losses 119980 73
5 Deduct reinsurance thereon 24906 77
6 Net amount of unpaid losses 95073 96
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 927024 00
Unearned premiums fifty per cent 463512 00
8 Gross premiums without any deduction
received and receivable upon all vmex
pired fire risks running more than one year
from date of policy 2077203 00
Unearned premiums pro rata 1111926 45
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Unpaid reinsurance premiums
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
1575438 45
15650 00
19697 39
1705859 80
500000 00
511617 30
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2717477 10ComptrollerGexekais Eeport
61
IVIncome During the Year
J Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 238839 28
3 Net collected 258839 28
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 2230177 00
5 Total 2489016 28
6 Deduct premiums and bills in course of
collection at this date 249054 62
7 Entire premiums collected during the year 2239961 66
8 Deduct reinsurance and return premiums 735458 14
9 Net cash actually received for premiums carried out 1504503 52
10 Received for interest on bonds and mortgages 36670 98
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 74561 58
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 22100
accounts previously written off 262556 profits on sale
of stocks 31395 total 3160 51
15 Aggregate amount of income actually received during the
year in cash 1618896 59
VExpenditures During the Year
1 Gross amount actually paid for losses
including 13900473 losses occurring in
previous years 801862 62
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 867152 and all
amounts actually received for reinsur
ance in other companies 22332359
total deductions 231995 11
Net amount paid during the year for losses 569867 51
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 330897 14
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 106140 99
8 Paid for State National and local taxes in this and other
States 60098 0738 ComptrollerGenerals Eeport
9 All other payments and expenditures viz Adjustment
of loans real estate expenses board taxes advertising
general and agency expense and sundries 165261 11
Aggregate amount of actual expenditures during the year
in cash 1282254 82
Business in the State of Georgia during the year
Fire risks written li704300 00
Premiums received gross 26 520 00
Losses Paid 9489 00
Losses incurred 6 649 0Q
ALLIANCE INSURANCE COMPANY PHILADELPHIA PA
Charles Platt President Henry W Farnum Secretary
Home Office 233 Walnut Street Philadelphia Pa
Edward S Gay Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year i J00 733 87
4 Extended at j g
IIIncome
Fire Marine Inland
5 Gross premiums 815952 66 158153 23
6 Deduct reinsurance rebate
abatement and return
premiums 95279 05 9839 44
7 Total premiums other than
perpetual 620673 61 148313 79
Carried out A
s t 768987 40
8 Deposit premiums written on perpetual risks gross 2 259 50
11 Gross interest on bonds and dividends on
Stocks 39483 53
1L Gross interest on deposits 2 046 31
15 Total gross interest and rents 41 529 84
17 Gross increase in book value of ledger assets vizBonds h8 6ComptrollerGenerals Report
39
From all other sources give items and amounts viz
perpetual premiums earned permits and transfer fees
2312 cash received from stockholders being amount
in process of collection on Dec 31 1906 assessment on
stock 356208
3585 20
28 Total income 816510 00
IIIDi sbursements
Fire Marine Inland
1 Gross amount paid policy
holders for losses
2 Deduct amount received
for salvage 140361 ma
rine and for reinsurance
in other companies 47
72760 fire 536198 ma
rine
329453 56 68297 96
47727 60
6765 59
3
4
5
9
10
11
12
13
14
15
16
18
19
20
21
24
25
26
27
30
Net amount paid policy
holders for losses 281725 96 6153237
Expenses of adjustment and settlement of losses
Deposit premiums returned
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 579385 and expenses 174513 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 68182 printing and stationery 376471
Postage telegrams telephone and express
Legal expenses
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes viz Pennsylvania Tax
on capital stock 65223 municipal licenses 55826
Gross loss on sale or maturity of ledger assets viz Bonds
Miscellaneous disbursements
343258 33
785 33
281 25
157598 25
9334 98
7538 98
15671 20
3700 30
4446 53
1571 54
817 11
324 54
5784 94
1219 58
2004 81
7916 79
1570 00
1210 49
705 78
4592 17
40 Total disbursements 570332 90
41 Balance 1346911 5240 ComptrollerGeneral s Report
IVLedger Assets
4 Book value of bonds excluding interest 1177462 50
5 Cash in companys office 191 51
7 Deposited in trust companies and banks
on interest 85707 91
8 Agents balances representing business
written subsequent to October 1 1907 82393 93
10 Bills receivable taken for marine and
inland risks 1153 67
16 Total ledger assets 2 34c 041 go
NonLedger Assets
18 Interest due and accrued on Bonds 6 739 52
22 Ttal 6739 52
25 Other nonledger assets viz Reinsurance due 7000 00
28 Grossassets i360631 04
Deduct Assets Not Admitted
35 Book value of ledger assets over market
value on Dec 31 1907 viz Bonds 105502 02
38 Total 105502 02
39 Total admitted assets 1 ggg g qo
VLiabilities

1 Gross losses adjusted and unpaid not yet
due 10525 00
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses fire
5171400 marine 3573000 87444 00
3 Gross claims for losses resisted 100 00
4 Total 98069 00
5 Deduct reinsurance due or accrued
121600 and salvage 69000 lr906 00
6 Net amount of unpaid losses and claims 96 163 00
7 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire jisks running one year or less fromComptbolleeGenebals Eeport
41
date of policy including interest pre
miums on perpetual fire risks 460
53599 unearned premiums fifty per
cent 230268 00
8 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 29169893 un
earned premiums pro rata 183012 90
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
2894140 unearned premiums 100 per
cent 2894140
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 4358972
unearned premiums 100 per cent 43589 72
12 Total unearned premiums as computed above 485812 02
13 Amount reclaimable by the insured on perpetual fire
insurance policies being 90 per cent of the premium or
deposit received 7729 96
27 Total amount of all liabilities except capital 589704 98
28 Capital actually paid up in cash 500000 00
29 Surplus over liabilities 165444 04
30 Surplus as regards policyholders 665444 04
31 Total liabilities 1255149 02

VIRisks and Premiums
Business in the State of Georgia During the Year
Fire risks written
Gross premiums received
Losses paid
Losses incurred
867465 00
15306 64
9343 35
7551 3642 ComptrollebGenebals Report
american central fire insurance co st louis mo
Edward T Campbell VicePresident John H Adams Secretary
Principal Office 816 Olive St St Louis Mo
W P Pattillo Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 2000000 00
2 Amount paid up in cash 2000000 00
Carried out 2000000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 3680635 00
11 Total amount loaned on stocks bonds and all other
securities except mortgages 763000 00
12 Cash in companys principal office 33164 43
13 Cash belonging to the company deposited
in bank National Bank of Commerce
St Louis 9974802 Third National
Bank St Louis 5225608 National
Bank of Commerce N Y 1320799
First National Bank Los Vegas N M
10000 total 175212 09
Total cash items 208 376 5
17 Cash in hands of agents and in course of transmission 456 064 09
Total assets of the company actual cash market value 5108025 61
IIILiabilities
1 Losses due and unpaid 49 5go 23
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 228657 65
3 Losses resisted including interest costs
and other expenses thereon 6 150 00
4 Total gross amount of claims for losses 284 387 88
5 Deduct reinsurance thereon 112 289 01
6 Net amount of unpaid losses 172 098 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 1445607 84
Unearned premiums fifty per cent as
per schedule 722803 92CompteolleeGenebal s Eepoet
43
8 Gross premiums without any deduction
received and recivable upon all unex
pired fire risks running more than one
year from date of policy 2368203 99
Unearned premiums pro rata as per
schedule 1313132 03
11 Total unearned premiums as computed above carried out 2035936 55
15 Dividends declared and remaining unpaid or uncalled for 710 8
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz contingent due agents 68402 1
20 Total amount of all liabilities except capital stock scrip
and net surplus 2277148 51
21 Joint stock capital actually paid up in cash 2000000 00
23 Surplus beyond capital and all other liabilities 830877 10
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5108025 61
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 415774 05
3 Net collected 415774 05
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3510750 60
5 Total 3926524 65
6 Deduct premiums and bills in course of
collection at this date 456014 09
7 Entire premiums collected during the year 3470510 56
S Deduct reinsurance and return premiums 1143255 65
9 Net cash actually received for premiums carried out 2327254 91
10 Received for interest on bonds and mortgages 45 00
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 349974 87
12 Income received from all other sources omitting increase
if any in value of securities viz Dividend check
withheld unable to locate person 710 98
15 Aggregate amount of income actually received during the
vear in cash 2677985 u644 ComptrollerGeneral s Report
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 16590571 losses occurring in
previous years 1465041 40
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 507408 and all
amounts actually received for reinsur
ance in other companies 29578688 To
tal deductions 30086096
Net amount paid during the year for losses 1
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz rents 8000
P E E Tel 2089136 advertising 73074 gen
eral 23091487
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
164180 44
240000 00
429171 15
118197 39
59698 25
260536 97
22717s1 90
549141 00
42211 14
16035 94
16658 09
AMERICAN FIEE INSURANCE COMPANY OF NEWARK N J
P L Hoadley President Tas H Worden Secretary
Principal Office 70 Park Place Newark N J
Olin L Pattillo Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 750000 00 750000 00
2 Amount paid up in Cash 750 000 0o
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 476 170 00ComptrollerGenerals Report
45
2 Loans on bond and mortgage duly recorded and being
liens on the fee simple 1183855 75
3 Interest due on all said bond and mortgage
loans 151419 interest aeeured thereon 12223 73
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1249440 00
5 Value of buildings mortgaged insured for
160344000 as collateral 1801925 00
6 Total value of said mortgaged premises 3051365 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 4343355 00
12 Cash in companys principal office 317 98
13 Cash belonging to the company deposited
in bank Essex County Natl Bank 238390 94
National Newark Banking Co 212742 35
Total cash items 451451 27
15 Interest due and accrued on stocks not included in mar
ket value uncollected 61424 24
17 Cash in hands of agents and in course of transmission 390677 35
18 Bill receivable not matured taken for fire marine and
inland risks not past due 309933 31
All other assets both real and personal viz Eents due
and accrued 133 33
Total assets of the company actual cash market value 7230738 17
IIILiabilities
2 Gross Losses in process of adjustment or
in suspense including all reported and
supposed losses 429816 22
3 Losses resisted including interest costs
and other expenses thereon 11150 00
4 Total gross amount of claims for losses 440966 22
5 Deduct reinsurance thereon 22447 62
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all rni
expired fire risks running one year or
less from date of policy 156785286
unearned premiums 783926 43
418518 6046
ComptrollerGenebais Report
Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than one
year from date of policy 633248089
unearned premiums 3 503 904 32
11 Total unearned premiums as computed above carried out
14 Amount of dividends declared but not yet due
15 Dividends declared and remaining unpaid or uncalled for
16 Cash dividends to stockholders remaining unpaid
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commission Brokerage and other things due
or to become due to agents and brokers
4307850 75
37500 00
122 00
702 11
114429 92
21
23
Total 4879123 38
Joint stock capital actually paid up in cash 750000 00
Surplus beyond capital and all other liabilities 1601614 79
Aggregate amount of all liabilities including capital paid
up and net surplus j 230 730 1 j
IVIncome During the Year
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 638184 74
Net collected 638184 74
Gross premiums on risks written and re
newed during the year 4970705 24
5608889 98
Total
Deduct premiums and bills in course of col
lection at this date 739 590 21
Entire premiums collected during the year 4869199 77
Deduct reinsurance and return premiums 960793 55
9 Net cash actually received for premiums 3908406 22
10 Received for interest on bonds and mortgages
11 Received for interest 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 1167299
profit onsale of real estate 519500 profit onsale of
bonds 37500 premium on new stock issue 300 95 00
Total
13 Received for calls on capital
3908
44
406 22
204 4
151834 45
317
150
537 19
000 00
15 Aggregate amount of income actually received during the
year in cash
4571982 70ComptrollerGeneral s Report
47
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 21804861 losses occurring in
previous years 1567548 39
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years 4772994 and all
amounts actually received for reinsur
ance in other companies 14348127
total deductions 191211 21
Net amount paid during the year for losses 1376337 1
4 Cash dividends actually paid stockhold
ers amount of stockholders dividends
declared during the year 10950000 95963 48
Cash dividends actually paid policyhold
ers amount of policyholders dividends
declared during the year 11800 105 00
96068 48
6 Paid for commissions or brokerage 1138677 03
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 136616 67
8 Paid for State National and local taxes in this and other
States 92477 99
9 All other payments and expenditures viz repairs and ex
penses on real estate 40780 taxes on real estate 5
49767 loss on sale of real estate stocks 95775 sta
tionery postage special agents expressage rents maps
etc 22036391 Total 227227 13
Aggregate amount of actual expenditures during the year
in cash 3067404 48
Business in the State of Georgia During the Year
Fire marine and inland risks written 973967 00
Premiums received gross 15701 09
Losses paid 13011 26
Losses incurred 11387 1 ComptrollerGenerals Eeport
ATHENS MUTUAL INSURANCE COMPANY OP ATHENS GA
M Stem President E B Dix011 Secretary
Principal Office 224 Clayton St Athens Ga
1Capital
Purely Mutual
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 11507 50
12 Cash in Companys principal office 131 81
13 Cash belonging to the company deposited
in bank Bishop Banking Company 100 74
Athens Savings Bank 9 082 61
Total cash items q nj fi
14 Amount of premium notes upon which policies have been
T issued 134 00
15 Interest due and accured on stocks not included in mar
ket value uneolleeted 185 00
16 Interest due and accured on collateral loans and un
eolleeted SQ 14
17 Cash in hands of agents and in course of transmission 10106 95
18 Bill receivable not matured taken for fire marine and
inland risks cn
169a 31
All other assets both real and personal viz
Office furniture fixtures and supplies 1 084 50
Sundry accounts 70o fi
Total assets of the company actual cash market value 34821 77
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 2 075 72
3 Losses resisted including interest costs
and other expenses thereon 2 150 00
4 Total gross amount of claims for losses 4 225 72
11 Total Unearned premiums as computed above 29206 62
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department 33 432 34
23 Surplus beyond capital and all other liabilities i389 43
24 Aggregate amount of all liabilities including capital paid
up and net surplus ComptrollerGen ekals Report 49
Amount of unearned premiums repre
sented by installment notestoeing the
whole amount of such notes 1695 31
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 11277 14
3 Net collected 11277 14
4 Gross premiums on risks written and re
newed during the year 43905 01
Total 55182 15
6 Deduct premiums and bills in course of
collection at this date 10381 40
7 Entire premiums collected during the year 44800 75
8 Deduct reinsurance and return premiums 8667 44
9 Net cash actually received for premiums
carried out 36133 31 36133 31
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 466 50
12 Income received from all other sources 83 58
15 Aggregate amount of income actually received during
the year in cash 36683 39
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 209192 losses occurring in pre
vious years 12164 31
Net amount paid during the year for losses 12164 31
4 Cash dividends actually paid policyholders 2994 31
6 Paid for commissions or brokerage 5828 55
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 6282 15
8 Paid for State National and local taxes in this and other
States 1020 15
9 All other payments and expenditures viz profit and loss
account 245 90
Aggregate amount of actual expenditures during the
year in cash 28535 38
Business in the State of Georgia During the Year
Fire risks written 1962146 00
Premiums received gross 43905 01
4cg50
CoMPTROLLERGrENEKAls REPORT
Losses paid
Losses incurred
12164 31
13548 11
ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA
Joel Hurt President w D DENE Secretary
Principal Office 223229 Equitable Bldg Atlanta Ga
1Capital
1 Whole amount of capital stock 200 000 00
2 Amount paid up in cash 200000 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 102 550 00
3 Interest due on all said bond and mort
gage loans none interest accured
thereon 275340 Total 2753 40
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 178000 00
5 Value of buildings mortgaged insured for
20500 as collateral 37 000 00
6 Total value of said mortgaged premises 215000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 235547 50
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 60340 25
12 Cash in companys principal office 10 94
13 Cash belonging to the company deposited
in bank Lowry National Bank 860660
Atlanta National Bank 126052 total 9878 06
Total cash item 9878 06
15 Interest due and accured on stocks not included in mar
ket value uncollected 863 50
16 Interest due and accured on collateral loans
and uncollected and bonds and mortgages 3 960 49
17 Cash in hands of agents and in course of transmission 3L586 37
All other assets both real and personal viz office fur
Uitule 1500 00
Total assets of the company actual cash market value 446232 17ComptrollerGenerals Report
51
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 5783 00
3 Losses resisted including interest costs
and other expenses thereon 3550 00
4 Total gross amount of claims for losses 9333 00
5 Deduct reinsurance thereon 341 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 10648386
unearned premiums fifty per cent 53241 98
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 6895994
unearned premiums 37851 02
31 Total unearned premiums as computed above
14 Amount of dividends declared but not yet due
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Guarantee retained on purchase of bonds
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint Stock capital actually paid up in cash
23 Surplus beyond capital and all other liabalities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
8992 00
91092 10
7000 00
180 00
107264 10
200000 00
138963 07
446252 17
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 22914 68
4 Gross premiums on risks written and
renewed during the year as shown in
risk and premium exhibit 190571 07
5 Total 213485 75
6 Deduct premiums and bills in course of
collection at this date 31586 3752
ComptrollerGenerals Beport
7 Entire premiums collected during the
year 181899 38
8 Deduct reinsurance and return premiums 44224 84
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
12 Income received from all other sources omitting increase
if any in value of securities viz profit on sale Trust
Co of Georgia stock
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 375500 losses occurring in pre
vious years 34995 01
2 Deduct all amounts actually received for
Salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in other
companies total deductions 284 62
Net amount paid during the year for losses 34710 39
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 expenditures
923520 profit and loss decrease in value of securi
ties 684810 total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Ye
Fire risks written
Premiums received gross
Losses paid
Losses incurred
137674 54
17900 03
3210 00
158784 57
34710 39
27264 89
10518 27
4897 07
16083 30
93473 92
34800 79
59697 88
16094 79
16329 79ComptrollerGenerals Report
ATLAS ASSURANCE CO LTD OF LONDON ENGLAND
Frank Lock V S Manager
Principal Office 100 William St New York
Cliff C Hatcher Attorney for Service in Georgia
53
1Capital
1 Whole amount of capital stock 11000000 00
2 Amount paid up in cash 1320000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon as specified in
schedule A hereunto annexed 85000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1503650 00
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank Canadian Bank of Commerce
San Francisco 617019 First National
Bank Chicago 377885 Manhattan
Trust Co New York 14852579 Mer
chants National Bank New York 7
96732
3316 24
166442 15
Total cash items
15 Interest due and accured on stocks not included in mar
ket value uncollected
17 Gross premiums as written in policies in course of col
lection on policies written within three months
All other assets both real and personal viz Rents due
and accrued
169758 39
17417 09
299952 21
5435 88
Total assets of the company actual cash market value 2081213 57
IIILiabilities
1 Losses due and unpaid 8949 49
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 93632 62
3 Losses resisted including interest costs
and other expenses thereon 2100 00
4 Total gross amount of claims for losses 104682 11
5 Deduct reinsurance thereon 4839 5554
ComptbolleeGexebals Repoet
6 Net amount of unpaid losses d
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 573628 79
Unearned premiums fifty per cent 718 831 53
99842 56
11 Total unearned premiums as computed above carried out 1292460 32
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz State County or other taxes and assessments esti
mated 2000000 commissions brokerage and other
charges due and to become due on premiums in course
of collection 5999044 reinsurance 624468 86 235 12
20 Total amount of all liabilities except capital stock scrip
and net surplus 1 g QQ
ti hurplus beyond capital and all other liabilities 602 675 57
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by thayears statement 265044 80
2081213 57
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
82 50
264962 30
2097845 66
2362807 96
collection at this date
305768 77
7 Entire premiums collected during the year 2057039 19
8 Deduct reinsurance and return premiums 464045 93
9 Net cash actually received for premiums carried out 590 993 6
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 60 851 87
12 Income received from all other sources omitting in
crease if any in value of securities viz rents 2445 33
15 Aggregate amount of income actually received during the
year m cash
1656290 46CoMPTROLLERGtENERALs REPORT 55
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 9820859 losses occurring in
previous years 796107 37
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 474409 and all
amounts actually received for reinsur
ance in other companies 9722709 To
tal deductions 101971 18
Net amount paid during the year for losses 694136 19
6 Paid for commissions or brokerage 319639 03
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 119392 55
8 Paid for State national and local taxes in this and other
States 40865 77
9 All other payments and expenditures viz rent 1490741
advertising printing and stationery 1274086 local
boards 2809173 traveling 2585736 maps 445123
Miscellaneous 3360323 total 119651 82
Aggregate amount of actual expenditures during the
year in cash 22460003
Business in the State of Georgia During the Year
Fire risks written 1853285 00
Premiums received gross 31764 40
Losses paid 21789 29
Losses incurred 17320 9
BOSTON FIRE INSURANCE OF BOSTON
Ranson B Fuller President Thomas H Lord Secretary
Principal Office 137 Milk St Boston Mass
Wm L Wilson Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 48000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1268100 0056
ComptrollerGenerals Report
3 Interest due on all said bond and mortgage loans
696518 interest accrued thereon 281240 total
6 Total value of said mortgaged premises
carried inside 26263 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 and bonds and all other
securities except mortgages
12 Cash in companys principal office 5 309 51
13 Cash belonging to the company deposited
inbank 407019 79
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
IS Bill receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz
j Due from other companies for reinsurance on losses al
ready paid
Atlantic Mutual Script 19000 deposited with fire
boards 20000
Agents balances business written subsequent to October
1 1907
9777 5S
2783251 50
148600 00
412329 30
7844 16
169 SI
62182 83
414 74
390 00
370601 85
Total assets of the company actual cash market value
IIILiabilities
1 Losses due and unpaid g 339 4q
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 357 901 10
3 Losses resisted including interest costs
and other expenses thereon 22 594 31
5111661 27
4 Total gross amount of claims for losses 388834 83
5 Deduct reinsurance thereon 51 193 64
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 64117155
unearned premiums fifty per cent 320585 77
337641 19COMPTROLLERGrENERAL s REPORT
57
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 97817062
unearned premiums pro rata 553825 35
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 84663123 423315 61
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 28895 60
11 Total unearned premiums as computed above carried out 1326622 33
17 Due and accured for salaries rents advertising and for
agency and other miscellaneous expenses 67178 12
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz contingent salvage 2977 50
Reinsurance premiums 5482 16
20 Total amount of all liabilities except capital stock and
net surplus 1739901 30
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all liabilities 2371759 97
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5111661 27
IVIncome During the Year
Marine and
Fire Inland
1 Gross premiums and bills in
course of collection at
close of last previous year
as shown by that years
statement 154355 50 181233 01
4 Gross premiurns on risks
written and renewed dur
ing the year 1602084 92 1706487 21
5 Total 1756440 42 1887720 22
6 Deduct premiums and bills
in course of collection at
this date 198378 35 188939 50
7 Entire premiums collected
during the year 1558062 07 1698780 7258
ComptrollerGenerals Report
8 Deduct reinsurance and
return premiums
597858 30 309133 90
9 Net cash actually received
for premiums 960203 77 1389646 82
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 346030 profit
on sale or maturity of ledger assets 1650306 refund
of bank tax 662867 profit on H O agency 1115824
2349850 59
56514 38
138380 52
37750 27
15 Aggregate amount of income actually received during the
year in cash2582495 76
VExpenditures During the Year
Fire
Marine and
Inland
1 Gross amount actually paid
for losses including
22709296 losses occur
ring in previous years 596833 14 899006 65
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
6180308 and all amounts
actually received for rein
surance in other com
panies 27380248 total
deductions 137677 04 197928 52
Net amount paid during the
year for losses 459156 10 701078 13 1160234 23
Expenses of adjustment and settlement of losses 11409 61
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 200000 00
6 Paid for commissions or brokerage 470447 89
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 173558 61
8 Paid for State national and local taxes in this and other
States 42732 09
9 All other payments and expenditures viz rents legal ex
penses furniture and fixtures maps inspections and sur
veys real estate repairs and expenses miscellaneous ex
penses total 89692 37
Aggregate amount of actual expenditures during the year
in cash 2148074 80ComptrollerGenerals Eepoet 59
Business in the State of Georgia During the Year
Fire risks written 350439 00
Premiums received gross 5891 53
Losses paid 2069 86
Losses incurred 1888 S6
BLUE RIDGE FIRE INSURANCE COMPANY OF MARIANNA FLA
John H Carter President H P Mulkey Secretary
Marianna Fla Principal Office
Win A Wright Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 110000 00 110000 0O
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
13 Cash belonging to the company deposited
in bank Certificate of deposit North
Georgia Trust Company 10000 00
In North Georgia National Bank subject
to check 18840 00
Total cash items 1
Total assets of the company actual cash market value
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
12000 00
95480 00
28840 00
136320 00
110000 00
26320 00
24 Aggregate amount of all liabilities including capital paid
up and net surplus 136320 00
IVIncome During the Year
No Business Done Yet60
ComptrollerGeneral s Report
BRITISH AMERICA ASSURANCE COMPANY OF
TORONTO CANADA
Hon Geo A Cox President P H Sims Secretary
Principal Office 18 and 20 Front St East
Geo J Dexter Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of deposit capital 205000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1306171 20
Total cash items 09179 05
13 Cash belonging to the company deposited in bank Can
adian Bank Commerce New York 69171 05
15 Interest due and accrued on stocks not included in mar
ket value uncollected 19697 89
17 Cash in hands of agents and in course of transmission 179009 07
All other assets both real and personal 250 99
Total assets of the company actual cash market value 1574057 21
IIILiabilities
1 Losses due and unpaid 14129 58
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 98034 94
3 Losses resisted including interest costs
and other expenses thereon 4463 48
4 Total gross amount of claims for losses H6 628 00
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 95881782 un
earned premiums fifty per cent 479408 91
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 94356796 un
earned premiums pro rata 478118 15
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 857064 4285 32ComptrollerGenerals Eeport
61
10 Gross premiums without and deduction
received and receivable on all unex
pired marine risks 740900
3704 50
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 Accrued taxes 1242359 commissions due agents
4648780 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVIncome During the Year
965516 88
58911 39
1141056 27
433000 94
Fire
1 Gross premiums and bills in
course of collection at
close of last previous
year as shown by that
years statement 207918 25
3 Net collected 207918 25
4 Gross premiums on risks
written and renewed dur
ing the year 1746064 37
Marine and
Inland
5 Total 1953982 62
6 Deduct premiums and bills
in course of collection at
this date 156218 77
3766 30
3766 30
56061 04
59827 34
22790 30
7 Entire premiums collected
during the year 1797763 85 37037 04
8 Deduct reinsurance and re
turn premiums 456075 42 2772 97
9 Net cash actually received
for premiums 1341688 43 34264 07
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 profit and loss
14 American branches of foreign companies will please re
port amount of remittances from home office during the
year
1375952 50
57333 81
25 34
73112 5562
ComptboleebGenebals Bepobt
15 Aggregate amount of income actually received during the
year in cash
1506424 20
VExpenditures During the Year
Fire
Marine and
Inland
1 Gross amount actually paid
for losses including 99
16297 losses occurring in
previous years 932298 51 173864 50
2 Deduct all amounts act
ually received for sal
vages whether on losses
of the last or of previous
year 601866 and all
amounts actually received
for reinsurance in other
companies 17911568
total deductions
107469 12
77665 22
Net amount paid during the
year for losses 824829 39 96199 28
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
Total
Aggregate amount of actual expenditures during the
921028 67
259852 21
64798 96
42720 30
180420 45
year in Cash
1468820 59
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
1396492 00
23657 22
11821 30
14760 12
CALEDONIAN FIRE INSURANCE COMPANY OF SCOTLAND
Chas H Post United States Mgr R C Christopher Asst Mgr
Principal Office in U S 50 and 52 Pine St New York City
C S Mathews Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
2687500 00
537500 00ComptrollerGenerals Report
63
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 525000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1068750 00
12 Cash in companys principal office 1541 39
13 Cash belonging to the company de
posited in bank American Exchange
National Bank Ney York City 127
93076 Bank of British North America
San Francisco 96706 128987 82
Total cash items 130439 21
15 Interest due and accrued on stocks not included in mar
ket value uncollected 7695 81
17 Cash in hands of agents and in course of transmission 125193 93
18 Bill receivable not matured taken for fire marine and
inland risks 56 82
All other assets both real and personal as per schedule
attached viz Due from other companies for reinsur
ance on losses already paid 893 72
Total assets of the company actual cash market value 1858029 49
IIILiabilities
1 Losses due and unpaid 56443 76
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 107330 53
3 Losses resisted including interest costs
and other expenses thereon 16301 93
4 Total gross amount of claims for losses 180076 22
5 Deduct reinsurance thereon 21202 85
6 Net amount of unpaid losses 158873 37
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 94122616 un
earned premiums fifty per cent 470613 08
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 134717094
unearned premiums pro rata 728083 9264 ComptrollerGenerals Report
11 Total unearned premiums as computed above carried
out 1198697 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance unpaid 1708896 reserved
for contingency 1000000 27088 96
20 Total amount of all liabilities except capital stock scrip
and net surplus 1384659 33
23 Surplus beyond capital and all other liabilities 473370 16
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1858029 19
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1916359 30
8 Deduct reinsurance and return premiums 522430 76
9 Net cash actually received for premiums carried out 1393928 54
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 47556 80
12 Income received from all other sources omitting increase
if any in volume of securities total 23083 67
15 Aggregate amount of income actually received during the
year in cash 1464569 01
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 59687756 losses occurring in
previous years 135466330
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 525250 and all
amounts actually received for reinsur
ance in other companies 46909903 To
tal deductions 47435153
Net amount paid during the year for losses 880 311 77
6 Paid for commissions or brokerage 329 296 99
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 103 777 93
8 Paid for State national and local taxes in this and other
States 38677 15
9 All other payments and expenditures 71 553 8
10 Amount sent to home office during the year 23747473ComptrollerGenerals Report 65
Aggregate amount of actual expenditures during the year
in cash 1423622 52
Business in the State of Georgia During the Year
Fire risks written 856667 00
Premiums received gross 14841 20
Losses paid 12359 57
Losses incurred 7081 16
CITIZENS FIRE INSURANCE COMPANY OF MISSOURI
Geo L Chase President Thos H Scotland Secretary
Principal Office Pierce Bldg St Louis Mo
W R Prescott Atlanta Attorney for Service in Georgia
LCapital
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 400 00
2 Loans on mortgage dulv recorded and being first liens
on the fee simple 149240 000
3 Interest due on all said mortgage loans interest accrued
thereon 2183 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 255000 00
5 Value of buildings mortgaged insured for
17885000 as collateral 193500 00
6 Total value of said mortgaged premises
carried inside I 448500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 4700 00
12 Cash in companys principal office 196 24
13 Cash belonging to the company deposited
in bank National Bank Commerce St
Louis 43992 60
Merchants Laclede National Bank St
Louis 104182 Bankers Trust Co New
York City 1334863 14390 45
Since deceased
5eg66
ComptrollerGenerals Report
Wells Fargo Nevada National Bank San
Francisco 159802 Lowry National
Bank Atlanta Ga 1873505 2033307
Total cash items
15 Interest due and accrued on bonds not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
agents balances
Total assets of the company actual cash market value
78912 36
6547 00
97737 8
746720 25
IIILiabilities
1 Losses adjusted and unpaid 26571 63
2 Gross Losses in process of adjustment or
in suspense including all reported and
supposed Losses 133927 99
3 Losses resisted including interest costs
and other expenses thereon 23779 00
4 Total gross amount of claims for losses 184278 62
5 Deduct reinsurance thereon 142110 95
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unexpir
ed fire risks running one year or less
from date of policy 32722200 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 37153600
uunearned premiums pro rata
42167 67
163611 00
197313 16
11 Total unearned premiums as computed above carried out 360924 16
20 Total amount of all liabilities except capital stock
scrip and net surplus 403091 83
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 143628 42
24 Aggregate amount of all liabilities including capital paid
up and net surplus
746720 25ComptrollerGenerals Eeport
67
IV Income During the Year
Fire
Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement 126079 68
Net collected 126079 68
Gross premiums on risks
written and renewed dur
ing the year 2218435 75
Marine and
Inland
298 35
Total 2344515 43
Deduct premiums and bills
in course of collection at
this date 125311 02
298 35
Entire premiums collected
during the year Cash
221950276 2219204 41
Deduct reinsurance and re
turn premiums 1753865 81
298 35
208 84
10
11
15
Net cash actually received
for premiums 465338 60
Received for interest on bonds and mortgages
Received for interests from all other sources
89 51
Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
2
Gross amount actually paid for losses in
cluding 15008182 losses occurring in
previous years 985241 90
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 971434 and all
amounts actually received for reinsur
ance in other companies 73669106
Total deductions 746405 40
465428 11
21859 33
1690 27
488977 71
Net amount paid during the year for losses 238836 50
6 Paid for commissions or brokerage 78200 42
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes 39283 1868 ComptrollerGenerals Report
8 Paid for State National and local taxes in this and
other States 15629 96
9 All other payments and expenditures viz Including
profit and loss item agents balances 5878 41412 02
Aggregate amount of actual expenditures during the
year in cash 413362 08
Business in the State of Georgia During the Year
Fire risks written 8957937 00
Premiums received gross 67755 43
Losses paid 51281 97
Losses incurred 49441 55
COMMERCIAL UNION ASSURANCE CO Ltd OF LONDON
A H Wray United States Manager
Principal office in United States corner Pine and William Streets
New York City
Jacob Haas Atlanta Attorney for Service in Georgia
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon 888000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 23000 00
3 Interest due on all said bond and mortgage loans and
interest accrued thereon 56 25
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 14000 00
5 Value of buildings mortgaged insured for
30800 as collateral 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 5507278 S3
12 Cash in companys principal office 965 05
13 Cash belonging to the company deposited
in bank Morton Trust Co New York
4149626 National Bank of Commerce
New York 17929307 American Ex
change National Bank New YorkComptrollerGenerals Report
69
5842262 AngloCalifornia Bank San
Francisco 94658472 First National
Bank Chicago 225854 First National
Bank Denver 18581 376315 02
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
18 Bill receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Rents due
and accrued 1114260 due from other companies for
reinsurance on losses already paid 559133 total
377280 07
65922 66
668452 91
10390 47
16733 93
Total assets of the company actual cash market value 6646058 87
IIILiabilities
1 Losses due and unpaid 10445941
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 351998 00
3 Losses resisted including interest cost
and other expenses thereon 817798 57
4 Total gross amount of claims for losses 1274255 98
5 Deduct reinsurance thereon 103483 88
6 Net amount of unpaid losses 170772 10
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 251961236 un
earned premiums fifty per cent 1259806 18
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 4124472
unearned premiums pro rata 1996138 05
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 12471741 62358 70
10 Gross premiums without any deduction
received and receivable on all unexpired
marine risks 61593 28
11 Total unearned premiums as computed above carried
out 3379896 2170
ComptrollerGenerals Report
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department 101702 13
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes 49500 Return Premiums
1377389 Reinsurance 4356036 106834 25
20 Total amount of all liabilities except capital stock
scrip and net surplus 4759204 69
23 Surplus beyond capital and all other liabilities 1886 854 18
24 Aggregate amount of all liabilities including capital
paid up and net surplus 6646058 87
IVIncome During the Year
Fire
Marine and
Inland
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement 730226 10 17438 69
3 Net collected 730226 10 17438 69
4 Gross premiums on risks
written and renewed dur
ing the year as shown in
risk and premium exhibit 4829074 37
5 Total 5559300 47
6 Deduct premiums and bills
in course of collection at
this date 767391 07
7 Entire premiums collected
during the year 4791909 40
8 Deduct reinsurance and re
turn premiums 1467705 30
9 Net cash actually received
for premiums 3324204 10
Less deposit premiums re
turned 5405 35
328749 30
346187 99
36486 84
309701 15
39899 05
269802 10
Total 3318789 75 269802 10 3588600 85
10 Received for interest on bonds and mortgages i 365 00ComptrollebGeneeals Kepoet
71
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 176491 76
12 Income received from all other sources omitting increase
if any in value of securities viz Bents 65264 24
15 Aggregate amount of income actually received during
the year in cash 3831721 85
VExpenditures During the Year
Marine and
Fire Inland
1 Gross amount actually paid
for losses including
55205222 Losses occur
ring in previous years 2237373 82 176091 09
2 Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
3044626 and all
amounts actually receiv
ed for reinsurance in
other companies 286
79150 Total deductions 277822 17 39415 59
Net amount paid during
the year for losses 195955165 136675 50
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes
8 Paid for State National and local taxes in this and
other States
9 All other payments and expenditures viz National
and local boards travel and surveys printing and sta
tionery advertising exchange postage telegrams
rents furniture and fixtures legal expenses maps sun
dries reduction in book values total
0 American branches of foreign companies will please re
port amount sent to home offices during the year
2096227 35
723620 44
187595 85
128812 04
327510 74
510662 61
Aggregate amount of actual expenditures during the
year in cash 3974428 83
Business in the State of Georgia during the Year
Fire risks written 7269797 00
Premiums received gross 110405 54
51496 51
Losses paid
j 42920 51
Losses incurred 7l2 ComptrollerGenebals Eepobt
THE CONTINENTAL INSURANCE COMPANY OF NEW YORK
Henry Evans President JV E Lopez and E L Ballard Secretaries
Principal Office 46 Cedar New York
J L Riley Co Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
1 Market value of real estate owned by the company less
amount of incumbrances thereon 1009000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 353700 00
3 Interest accrued on bonds and mortgage loans 3173 05
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 351800 00
5 Value of buildings mortgaged insured for
9992500 as collateral 72700 00
6 Total value of said mortgaged premises
carried inside 424500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 12834270 00
12 Cash in companys principal office 8212 69
13 Cash belonging to the company deposited
in bank First National Bank New
York 48897785 Central Trust Co
13350380 Brooklyn Trust Co New
York 8214570 United States Mort
gage and Trust Co New York 300332
Franklin Trust Company New York
3811230 Astor Trust Co New York
10231395 Mechanics National Bank
4058480 Nassau Trust Co New York
596296 Bankers Trust Co New York
10111876 First National Bank Chica
go Ills 7128811 1067011 55
Total cash items 1075224 24
15 Interest due and accrued on stocks not included in mar
ket value uncollected 136972 11
17 Oash in hands of agents and in course of transmission 896 516 16ComptkoixekGenebals Report 75
18 Bill receivable not matured taken for fire marine and
inland risks 90596 5
Total assets of the company actual cash market value 16399452 10
HILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 368791 27
3 Losses resisted including interest costs
and other expenses thereon 29170 00
4 Total gross amount of claims for losses 397961 27
5 Deduct reinsurance thereon 26913 22
6 Net amount of unpaid losses 371048 05
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 379944373 un
earned premiums fifty per cent 1899721 87
8 Gross premiums without any deduction
received and receivable on all unex
pired fire risks running more than one
year from date of policy 967107412
unearned premiums pro rata 5196555 28
11 Total unearned premiums as computed above carried
out 7096277 15
19 All other demands against the company
absolute and contingent due and to be
come due admitted and contested viz
Commissions and brokerage due or to be
come due to agents and brokers 157794 13
Reinsurance premiums 20741 41
Taxes due or accrued and reserve for all
other claims and contingencies 250000 00
I
Total 428535 54
20 Total amount of all liabilities except capital stock
scrip and net surplus 7895860 74
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 7503591 36
24 Aggregate amount of all liabilities including capital
paid up and net surplus 16399452 1074 ComptrollerGenerals Report
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 961451 40
2 Deduct amount of same not collected 19501 28
3 Net collected 941914 12
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 8014037 03
5 Total 8955951 15
6 Deduct premiums and bills in course of
collection at this date 987112 70
7 Entire premiums collected during the year 7968838 45
8 Deduct reinsurance and return premiums 1295709 91
9 Net cash actually received for premiums
carried out 6673128 54 6673128 54
10 Received for interest on bonds and mortgages 9 219 04
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 656783 05
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 22079 83
15 Aggregate amount of income actually received during
the year in cash 7361210 46
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 36434412 losses occurring in
previous years 3057046 63
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2810692 and all
amounts actually received for reinsur
ance in other companies 17841552
Total deductions 206522 44
Net amount paid during the year for
Josses 2850524 19
Expenses of adjustment in settlement of
losses 82410 75
Total 2932934 94ComptrollerGenerals Eeport 75
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
45000000 449775 00
5 Scrip or certificates of profits redeemed in cash and in
terest paid to scripholders 160 18
6 Paid for commissions or brokerage 1466071 47
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 499996 49
8 Paid for State National and local taxes in this and
other States 158663 24
9 All other payments and expenditures viz Rents
2060142 advertising printing and stationery
6342179 postage telegrams telephone and express
6072575 legal expenses 99571 miscellaneous
13155424 Total 277298 91
Aggregate amount of actual expenditures during the
year in cash 5784900 23
Business in the State of Georgia During the Year
Fire risks writtten 9001355 00
Premiums received gross 167768 21
Losses paid 74735 58
Losses incurred 69014 39
THE COSMOPOLITAN FIRE INSURANCE COMPANY OF NEW YORK
J S Bache President William Wood Secretary
Principal Office 95 William Street New York
S C Williams Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital 300000 00
2 Amount paid up in cash 300000 00
IIAssets
13 Cash belonging to the company deposited in National
Bank of Commerce
Total cash items 38570 26
17 Cash in hands of agents and in course of transmission 110573 53
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 2530 91
Accrued interest 6433 68
Total assets of the company actual cash market value 827833 3876
ComptrollerGenerals Report
IIILiabilities
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
27520 45
39162 00
3830 00
70512 45
3116 65
6 Net amount of unpaid losses 67395 80
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 56728469 un
earned premiums fifty per cent 283883 11
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy unearned
premiums pro rata 130273 21
11 Total unearned premiums as computed above carried
out 414156 32
20 Total amount of all liabilities except capital stock
scrip and net surplus 481552 12
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 46281 26
24 Aggregate amount of all liabilities including capital paid
up and net surplus 827833 38
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement
81206 72
3 Net collected 81206 72
4 Gross premiums on risks written and re
newed during the year 099997 1
5 Total 1181203 85
6 Deduct premiums and bills in course of
collection at this date 110523 53
7 Entire premiums collected during the year 1070680 32
8 Deduct reinsurance and return premiums 396830 49ComptrollerGenerals Report
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
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 3969216 losses occurring in
previous years 331868 87
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 139709 and all
amounts actually received for reinsur
ance in other companies 1591067 To
tal deductions 17307 76
77
673849 83
26690 79
700540 62
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
State
9 All other payments and expenditures
10 American branches of foreign companies will please report
amount sent to home office during the year
314561 11
264983 90
8628 80
18769 69
13010 38
619953 88
Aggregate amount of actual expenditures during the year
in cash
Business in the State of Georgia During the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
619953 88
410 365 00
6442 49
883 71
1283 71
CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD
J D Browne President W T Howe Secretary
Principal Office 51 Prospect St Hartford Conn
J L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paidup
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 5158296 67
4 Extended at 5158296 6778
ComptrollerGeneral s Keport
IIIncome
5 Gross premiums
6 Deduct reinsurance rebate
and return premiums
abatement
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends
on stocks
12 Gross interest on deposits
13 Gross interest from all other sources
14 Gross rents from companys property in
cluding 10000 for companys occupancy
of its own buildings
4802811 51
1036372 27
3766439 24
46914 09
100 00
147625 68
4431 65
1193 03
12672 88
3766439 24
15 Total gross interest and rents 212937 33
16 Gross profit on sale or maturity of ledger assets viz
real estate 173210 other assets agents balances
recovered in 1907 previously charged to profit and
loss 36797 2100 07
28 Total income 3981476 64
IIIDisbursements
1 Gross amount paid polioyholders for
losses including 30024853 occurring
in previous years 1931856 46
2 Deduct amount received for salvage 9
11346 and for reinsurance in other
companies 21414367 223 257 13
3 Net amount paid policyholders for losses 1708599 33
4 Expenses of adjustment and settlement of losses
6 Paid stockholders for interest or dividends amount de
clared during the year
9 Commissions or brokerage
10 Allowance to local agencies for miscellaneous agency
expenses
11 Salaries 7753596 and expenses 4258865 of special
and general agents
12 Salaries fees and all other charges of officers directors
trustees and home office employes
13 Eents including 10000 for companys occupancy of its
own buildings
14 Advertising 1776380 printing and stationery etc
3499205
15 Postage telegrams telephone and express
1708599 33
26829 29
120000 00
825066 44
19414 30
120124 61
171658 63
27045 12
52755 85
17622 47ComptrollerGenerals Report
79
16 Legal expenses 8919 18
17 Furniture and fixtures 5639 75
18 Maps including corrections 9552 68
19 Underwriters boards and tariff associations 24953 25
20 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 29849 76
21 Inspections and surveys 13738 52
22 Repairs and expenses other than taxes on real estate 1643 12
23 Taxes on real estate 3078 0
24 State taxes on premiums 46407 05
25 Insurance department licenses and fees 17706 81
26 All other licenses fees and taxes viz Connecticut
State tax on capital stock 2188800 municipal and
county licenses and fees 576930 27657 30
27 Gross loss on sale or maturity of ledger assets viz Real
estate 187 95
40 Total disbursements 3278449 81
41 Balance 5861323 50
IVLedger Assets
1 Book value of real estate unincumbered 258800 00
2 Mortgage loans on real estate first liens 982100 00
3 Loans secured by pledges of bonds stocks or other col
laterals 76000 00
4 Book value of bonds excluding interest 362034893
and stocks 34116891 3961517 84
5 Cash in companys office 241 0
6 Deposited in trust companies and banks not on interest 11363 51
7 Deposited in trust companies and banks on interest 353264 51
8 Agents balances representing business written subse
quent to October 1 1907 162789 63
9 Agents balances representing business written prior to
October 1 1907 6765 12
11 Bills receivable taken for fire risks 48481 83
16 Total ledger assets 5861323 50
NonLedger Assets
25 Other nonledger assets viz Gross
premiums excluding return premiums
40300 and reinsurance 34800 in
course of collection December 31 not
more than three months due 293200 00
26 Less commission brokerage and other
expenses thereon 121300 00
80
ComptrollerGenerals Report
27 Net amount of premiums in course of collection not more
than three months due 171900 00
28 Gross assets 6033223 50
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to October 1 1907 6765 12
33 Bills receivable past due taken for
marine inland and fire risks 20906 68
35 Book value of ledger assets over market
value viz Bonds and stocks 188127 84
38 Total 215799 64
39 Total admitted assets 5817423 86
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 9199297 91992 97
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses
3 Gross claims for losses resisted
260849 59
54552 70
4 Total 407395 26
5 Deduct reinsurance due or accrued give
list of companies and amounts 89122 88
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 2135
29928 unearned premiums fifty per
cent 1067649 64
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 429704739
unearned premiums pro rata 2313107 59
318272 38
12 Total unearned premiums as computed above 3380757 23
27 Total amount of all liabilities except capital 3699029 61
28 Capital actually paid up in cash 1000000 00
29 Surplus over all Liabilities 1118394 25ComptrollerGenerals Report 81
30 Surplus as regards policyholders 2118394 25
31 Total liabilities 5817423 86
DIXIE FIRE INSURANCE COMPANY OF NORTH CAROLINA
James B Rhodes President James F Cobb Secretary
Principal Office 125 S Elm Street
Otis A Murphey Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
IIAssets
500000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 101000 00
5 Value of buildings mortgaged insured
for 7350000 as collateral 135000 00
100000 00
105500 00
1767 50
6 Total value of said mortgaged premises
carried inside
236000 00
ri8 48
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 secur
ities except mortgages
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank City National Bank Greens
boro N C 273552 First National
Bank Wilson N C 793168 First Na
tional Bank Elizabeth City N C
1086507 Citizens Bank Elizabeth
City N C 943204 Charlotte Trust
Co Charlotte N C 2277438 Battery
Park Bank Asheville N C 3259605
New Bern Banking Trust Co New
Bern N C 3928543
Total cash items
125620 17
596358 61
90000 00
126J38 C5
6cg82
ComptrollerGenerals Report
16 Interest due and accrued on collateral loans and un
collected 58 33
17 Cash in hands of agents and in course of transmission 135685 27
All other assets both real and personal viz Rents due
and accrued 695 50
Interest due on deposits 55555 due and accrued on
bonds 487499 5 430 54
Total assets of the company actual cash market value 1161834 40
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 82745 16
3 Losses resisted including interest costs
and other expenses thereon 3100 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
85845 16
17502 62
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 55158387 un
earned premiums fifty per cent
8 Gross premiums witohut any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 18234985
unearned premiums pro rata
275791 93
145414 17
68342 54
11 Total unearned premiums as computed above carried
out 421206 10
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 12 497 18
20 Total amount of all liabilities except capital stock
scrip and net surplus 502 045 82
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 159 788 58
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1161834 40
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 85613 85ComptrollerGenebais Eeport
3 Net collected 85613 85
4 Gross premiums on risks written and re
newed during the year 956303 37
5 Total 1041917 22
6 Deduct premiums and bills in course of
collection at this date 136695 69
7 Entire premiums collected during the year 905221 53
8 Deduct reinsurance and return premiums 211158 58
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on 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
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 1105523 losses occurring in
previous year 245092 33
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 95352 and all
amounts actually receired for reinsur
ance in other companies 2428833
total deductions 25241 85
Net amount paid during the year for
losses 219850 48
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
108375 advertising and stationery 1238630 in
spections under boards 281145 office expenses
114952 traveling expenses 304247 freight and
express 11105 commercial reports 44000 exchange
1609 expense Western Sprinkler Assn 71304 loss
sale of bonds 145653 adjustment expenses 200578
postage and telegrams 475640 furniture and fixtures
and maps 460371 repairs on building 258834
Aggregate amount of actual expenditures during the year
in cash
694062 95
1425 00
71204 99
3488 25
770181 19
219850 48
214012 65
25770 65
23172 16
3716443
519970 3784 ComptrollerGemerals Report
Business in the State of Georgia During the Year
Fire risks written 1528044 00
Premiums received gross 28268 82
Losses paid 3505 7o
Losses incurred 6467 50
THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA LA
John S Bioren President ProTemp J Parsons Smith Jr Secretary
Principal Office Third and Walnut Streets Philadelphia Pa
Edward E Paschall Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 400000 00
2 Amount of ledger assets
as per balance Dee 31
of previous year 1832404 20
4 Extended at
IIIncome
5 Gross premiums 1513902 29
6 Deduct reinsurance rebate abatement
and return premiums 370046 22
1832404 20
7 Total premiums other than perpetual 1143856 07 1143856 07
8 Deposit premiums on perpetual risks gross 10741 52
9 Gross interest on mortgage loans 7033 50
10 Gross interest on collateral loans 1099 74
11 Gross interest on bonds and dividends on
stocks 51562 47
12 Gross interest on deposits 554 44
13 Gross interest from all other sources 1595 56
14 Gross rents from companys property in
cluding 620000 for companys occu
pancy of its own buildings 11310 00
15 Total gross interest and rents
16 Gross profit on sale or maturity of ledger assets viz
Bonds
18 From all other sources viz Brokerage 12740 recovery
of items previously charged to profit and loss 1494
return to cash of old checks never presented for pay
ment 6282 total
73155 71
4448 21
205 16
28 Total income 1232406 67CompteollebGenebals Repobt
85
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 15392044 occurring in pre
vious years 573007 93
2 Deduct amount received for reinsurance in
other companies 46772 17
3 Net amount paid for losses 526235 76 526235 76
5 Deposit premiums returned 6936 05
6 Paid stockholders for interest or dividends amount de
clared during the year 6000000 60000 00
9 Commissions or brokerage 288761 82
11 Salaries and expenses of special and general agents
salaries fees and all other charges of officers directors
trustees and home office employees 66266 47
13 Eents including 620000 for companys occupancy of its
own buildings 7987 25
14 Advertising 649554 printing and stationery 757723 14072 77
17 Furniture and fixtures 4939 68
19 Underwriters boards and tariff association 14217 16
20 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3756 77
22 Eepairs and expenses other than taxes on real estate 5289 67
23 Taxes on real estate 2074 00
24 State taxes on premiums 20329 76
26 All other licenses fees and taxes viz local taxes
363745 corporation tax 275000 6387 45
27 Gross loss on sale or maturity of ledger assets viz Bonds 2601 10
29 All other disbursements viz Interest on borrowed
money 59166 borrowed money repaid 15000000
miscellaneous 2895380 179545 46
40 Total disbursements 1209401 17
41 Balance 1855409 70
IVLedger Assets
1 Book value of real estate unincumbered 200000 00
2 Mortgage loans on real estate first liens 153500 00
3 Loans secured by pledge of bonds stocks
or other collaterals 50000 00
4 Book value of bonds excluding interest
93858305 and stocks 11319813 1051781 18
5 Gash in companys office 1808 37
7 Deposited in trust companies and banks
on interest 103347 20
8 Agents balances representing business
written subsequent to October 1 1907 294572 9586
12
MS
17
18
21
28
35
39
12
19
ComptrollerGenerals Eeport
Other ledger assets viz Cash in hands of
persons other than agents 400 00
Total ledger assets 1855409 70
NonLedger Assets
Interest accrued on mortgages 2 202 63
Interest accrued on bonds 12587 80
Rents accrued on companys property or
lease 233 50
Total 15023 93
Gross assets 1870433 63
Deduct Assets Not Admitted
Book value of ledger assets over market value viz
Stocks and bonds 83 393 57
Total admitted assets 1787038 06
VLiabilities
Gross claims for losses in process of adjust
ment or in suspense including all re
ported and supposed losses 113950 00
Gross claims for losses resisted 700 00
Total 114650 00
Deduct reinsurance due or accrued 17870 00
Net amount of unpaid losses and claims 96 78O 00
Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest pre
miums on perpetual fire risks 804
33030 unearned premiums fifty per
cent 402165 15
Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 104829955 un
earned premiums pro rata 573 971 39
Total unearned premiums as computed above 976136 54
Amount reclaimable by the insured on perpetual fire
insurance policies being 90 and 95 per cent of the
premium or deposit received 124 569 88CompteolleeGeneeals Kepobt
87
21 Commissions brokerage and other charges due or to
become due to agents and brokers 47828 13
27 Total amount of all liabilities except capital 1245314 55
28 Capital actually paid up in cash 400000 00
29 Surplus over all liabilities 141723 51
30 Surplus as regards policyliolders 541723 51
31 Total liabilities 1787038 06
EQUITABLE FIRE INSURANCE COMPANY OP CHARLESTON S C
David Huguenin President Wm G Mazijck Secretary
Principal Office Corner Broad and Church Streets Charleston S C
F H Reynolds Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
IIAssets
120000 00 120000 00
120000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bonds and mortgages duly recorded and being
first liens on the fee simple
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 11900 00
5 Value of buildings mortgaged insured
for 2390000 as collateral 27700 00
6 Total value of said mortgaged premises
carried inside 39600 00
7 Amount of other loans 11000 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 secur
ities except mortgages
12 Cash in companys principal office 5783 99
13 Cash belonging to the company deposited
in bank viz Hibernia 179245 Caro
lina 416767 Exchange 386220
Dime 213130 Charleston 1375
total 11967 37
17000 00
13100 00
275 43
185167 50
11000 00
Total cash items
17751 36ComptrollerGenerals Report
15 Interest due and accrued on stocks not included in mar
ket value uncollected 55 29
16 Interest due and accrued on other assets 52 41
17 Cash in hands of agents and in eourseof transmission 26618 80
All other assets both real and personal viz Rents 6 00
Total assets of the company actual cash market value 271026 79
111Liabilities
1 Losses unpaid not yet due 2810 36
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 14669 97
3 Losses resisted including interest costs
and other expenses thereon 1700 00
4 Total gross amount of claims for losses 19180 33
5 Deduct reinsurance thereon 6686 10
6 Net amount of unpaid losses
7 Gross premiums without an deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 10492813 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 7620980
unearned premiums pro rata
52464 06
41608 94
12494 23
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 162832 reinsurance premiums
397847
94073 00
1780 35
5606 79
20 Total amount of all liabilities except capital stock
scrip and net surplus 113 954 37
21 Joint stock capital paid up in cash 120 000 00
23 Surplus beyond capital and all other liabilities 37 072 42
24 Aggregate amount of all liabilities including capital paid
up and net surplus 271 026 79ComptrollerGenerals Report
89
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 28132 73
3 Net collected 28132 73
4 Gross premiums on risks written and re
newed during the year 214560 94
5 Total 242693 67
6 Deduct premiums and bills in course of
collection at this date 28132 73
7 Entire premiums collected during the
year 214560 94
8 Deduct reinsurance and return premiums 80822 76
9 Net cash actually received for premiums
carried out 133738 18 133738 18
10 Received for interest on bonds and mortgages 864 65
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 9402 54
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 133258
profit from sale of securities 2678 total 1359 36
15 Aggregate amount of income actually received during the
year in cash 145364 73
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 1332940 losses occuring in pre
vious years 11963079 adjustment
expenses 171992 121350 71
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 42500 and all
amounts actually received for reinsur
ance in other companies 3192771 total
deductions 32352 71
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
88998 00
7173 75
20472 74
11665 4790
ComptrollebGenebal s Repobt
8 Paid for State National and local taxes in this and other
states 6044 59
9 All other payments and expenditures viz Advertising
printing stationery express postage furniture and fix
tures repairs light fuel water etc 5626 59
Aggregate amount of actual expenditures during the year
in cash 139981 14
Business in the State of Georgia During the Year
Fire risks written 410995 00
Premiums received gross 7 500 31
Losses paid 084 36
Losses unpaid 34 go
Losses incurred 1 118 36
FEDERAL INSURANCE COMPANY JERSEY CITY NEW JERSEY
Percy Chubb President Max Grundner Secretary
Principal Office 15 Exchange Place Jersey City New Jersey
James L Riley Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1 000 000 00
2 Amount paid up in cash 1000000 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 30 qqO 00
3 Interest accrued thereon 22g 3U
4 Value of Lands Mortgaged exclusive of
buildings and perishable improvements 25000 00
5 Value of buildings mortgaged 20000 00
6 Total value of said mortgaged premises
carried inside 45000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1427006 25
13 Cash belonging to the company deposited in bank Cana
dian Bank of Commerce Montreal 12500000 Cana
dian Bank of Commerce London 1474915 Commer
cial Trust Co Jersey City X 1 312143 Union Na
tional Bank Newark N 1 6564712 National City
Bank New York 2583602 Manhattan Company New
York 2248869 National Bank of Commerce New
York 2298497 Equitable Trust Co New York 79
4691 total 35887429
CompteolleeGeneeals Eepoet
91
15 Interest due and accrued on stocks not included in mar
ket value uncollected 17763 33
17 Cash in hands of agents and in course of transmission 258842 46
All other assets both real and personal viz Interest
due and accrued on other assets 206 82
Total assets of the company actual cash market value 2092811 51
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 378059 45
4 Total gross amount of claims for losses 378059 45
5 Deduct reinsurance thereon 68500 00
6 Net amount of unpaid losses 309559 45
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired Inland
navigation and marine risks 109717 58
10 Gross premiums without any deduction
received and receivable on all unexpired
Marine risks 284457 00
11 Total unearned premiums as computed above carried
out 222497 32
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 2897 53
18 Commissions brokerage and other charges due agents 29427 85
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz
State and county taxes 15000 00
Reinsurance premiums 16698 32
Special contingent reserve 121154 36
20 Total amount of all liabilities except capital stock scrip
and net surplus 717234 83
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 375576 68
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2092811 5192
CompteollerGeneeals Repobt
IVIncome During the Year
Fire
Marine and
Inland
3 Net collected 294066 93 2376898 55
8 Deduct reinsurance and
return premiums 128403 37 1509460 00
9 Net cash actually received
for premiums carried
out
165663 56 867438 55 701774 99
50 00
I
10 Eeceived for interest on bonds and mortgages
11 Eeceived for interests and dividends on stock and bonds
collateral loans and from all other sources 77568 51
12 Income received from all other sources omitting increase
if any in value of securities viz Profits on Exchange
116768 sale of maps 392222 sale of furniture
9875 total 5188 65
15 Aggregate amount of income actually received during
hte year in cash 785882 1E
VExpenditures During the Year
1 Gross amount actually paid
for losses including
52348065 losses occur
ring in previous years
2 Deduct all amounts ac
tually received for sal
vages whether on losses
of the last or of previous
year 69240 P 8
27764 M and all
amounts actually receiv
ed for reinsurance in
other companies 11
88561 F 86365917
M total deductions
Marine and
Fire Inland
229403 13 1413464 03
12578 01 946430 58
Net amount paid during
the year for losses 216825 12 467033 45 683858 57
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 60000 00
ComptrollerGenerals Report 93
6 Paid for commissions or brokerage 251492 06
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 32559 10
8 Paid for State National and local taxes in this and
other States 24526 8
9 All other payments and expenditures viz Settlement
of losses 319571 rents 230556 advertising and
stationery 371753 postage telephones etc 4
99889 legal expenses 82404 underwriters 122465
inspections 398496 miscellaneous 523862 total 25549 96
Aggregate amount of actual expenditures during the
year in cash 1077985 87
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
C I Mell Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutelv by the company carried out at market
value 2166950 00
12 Cash in companys principal office 1689 34
13 Cash belonging to the company deposited
in bank First National Bank N Y
13918169 Am Trust Savings Bank
Chicago Ills 1774377 Central Trust
Co N Y 2819558 Bank of New
York 1563154 Com Exchange Bank
N Y 255859 total 203311 17
Total cash items 205000 51
15 Interest due and accrued on stocks not included in mar
ket value uncollected 14036 25
17 Cash in hands of agents and in course of transmission 143478 41
Total assets of the company actual cash market value 2529465 1794 ComptrollerGenerals Report
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 62782 25
3 Losses resisted including interest costs
and other expenses thereon l 500 00
4 Total gross amount of claims for losses 64282 25
5 Deduct reinsurance thereon 4 473 36
6 Net amount of unpaid losses 59 gyg gi
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 57919859 un
earned premiums fifty per cent 289599 30
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 47105713
unearned premiums pro rata 359862 49
11 Total unearned premiums as computed above carried
out 649461 79
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions and brokerage due or to be
come due to agents and brokers 320311 reinsurance
premiums 528980 reserve for taxes 1000000 total 18492 91
20 Total amount of all liabilities except capital stoek
scrip and net surplus 727 763 59
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities sOljOl 58
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2 529 465 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 126648 96
2 Deduct amount of same not collected 490 68
3 Net collected 226 158 78
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premiums exhibit 1 112 711 46
5 Total 1238869 74ComptbollerGeneeal s Kepoet
95
Deduct premiums and bills in course of
collection at this date 143478 41
Entire premiums collected during the
year 1095391 33
Deduct reinsurance and return premiums 212564 96
Net cash actually received for premiums
carried out 882826 37
11
12
15
2
Total
Received for interests and dividends on stock and bonds
collateral loans and from all other sources
Income received from all other sources if any in value
of securities
Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
Gross amount actually paid for losses in
eluding 2803899 losses occurring in
previous years 321552 03
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 289431 and all
amounts actually received for reinsur
ance in other companies 1978518
total deductions 22679 49
882826 37
115624 88
998451 25
998451 25
Net amount paid during the year for
losses 298872 54
Expenses of adjustment and settlement
of losses 5531 70
Total
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers
clerks agents and all other employes
Paid for State National and local taxes in this and
other States
All other payments and expenditures viz Rents 9
21600 advertising printing and stationery 1065790
postage telegrams telephone and express 897710
legal expenses 124186 miscellaneous 2200074
total
Aggregate amount of actual expenditures during the
year in cash
304404 24
182275 02
71219 09
22141 1 1
52138 60
632178 0696 ComptrollerGenerals Report
Business in the State of Georgia During the Year
Fire risks written 1518749 00
Premiums received gross 25769 51
Losses paid 6400 79
Losses incurred 6175 69
FIRE ASSOCIATION OF PHILADELPHIA
E C Irvin President M G Garrigues Secretary
Principal Office 407 and 409 Walnut Street
W E Chapin Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 750000 00 750000 00
2 Amount paid up in cash 750000 00
IIAssets
1 Market value of real estate owned by the company less
the incumbrances thereon 372100 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1617109 99
3 Interest due on all said bond and mort
gage loans 534460 interest accrued
thereon 2142161 total 26766 21 26766 21
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1649518 00
5 Value of buildings mortgaged insured for
1681865 as collateral 2492404 00
6 Total value of said mortgaged premises
carried inside 4141922 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 4441835 50
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 242 600 00
12 Cash in companys principal office 7481 09
13 Cash belonging to the company deposited
in bank 439236 77
Total cash items 44g 717 86
15 Interest due and accrued on stocks not included in mar
ket value uncollected 49 828 03
16 Interest due and accrued on collateral loans and uncol
lected 2 412 25ComptrollerGenerals Report
97
17 Cash in hands of agents and in course of transmission 636082 12
All other assets both real and personal viz Rents due
and accrued 87345 due from other companies for re
insurance on losses already paid 534978 total 6223 23
Totai 1382863 49
Total assets of the company actual cash market value 7840675 19
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
159835 20
217548 01
47377 81
4 Total gross amount of claims for losses 424761 02
5 Deduct reinsurance thereon 56939 14
9
Net amount of unpaid losses
Unearned premiums fifty per cent 1442177
Unearned premiums pro rata 1769271
Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks amount re
claimable on perpetual policies 1707382
367821 88
73
70
3d
11
20
21
23
24
Total unearned premiums as computed
above carried out
Total amount of all liabilities except capital stock
scrip and net surplus 5286653 61
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
4918831 73
750000 00
1804021 58
Aggregate amount of all liabilities including capital paid
up and net surplus 7840675 19
IVIncome During the Year
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 575129 80
Net collected 575129 80
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit including per
petuals 5614568 71
Total 6189698 51
7cg98
ComptbollebGenerals Report
6 Deduct premiums and bills in course of
collection at this date 636082 12
7 Entire premiums collected during the
year 5553616 39
8 Deduct reinsurance and return premiums
including cancelled perpetuals 1460660 61
9 Net cash actually received for premiums
carried out 4092955 78
10 Beceived for interest on bonds and mortgages 4092955 78
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 297903 50
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 2508396
total 25083 96
15 Aggregate amount of income actually received during the
year in cash4 415943 24
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 33006370 losses occurring in
previous years 2244033 37
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1750676 and all
amounts actually received for reinsur
ance in other companies 29812061
total deductions 315627 37
Net amount paid during the year for
losses 1928406 00
1928406 00
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 250000 00
6 Paid for commissions or brokerage 1061807 89
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 2i067 33
8 Paid for State National and local taxes in this and
other States yg ggg j
9 All other payments and expenditures via Expanses
18335728 profit and loss 159110 total 1S1948 38
Aggregate amount of actual expenditures during the
year in cash 3763434 74COMPTROLLERGrENEBALs REPORT 99
Business in the State of Georgia During the Year
Eire risks written 5401886 00
Premiums received gross 86503 95
Losses paid 50039 34
Losses incurred 42850 85
FIREMENS INSURANCE COMPANY OF NEWARK NEW JERSEY
Daniel H Dunham President A H Hassinger Secretary
Principal Office 784786 Broad Street
James L Riley Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of mcumbranees thereon 108473 66
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 2231390 00
3 Interest due on all said bond and mortgage loans 2329
interest accrued thereon 2831422 total 30643 22
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 16602 00
5 Value of buildings mortgaged insured for
28037 as collateral 33552 00
6 Total value of mortgaged premises car
ried inside 50154 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2030415 00
12 Cash in companys principal office 3088 68
13 Cash belonging to the company deposited
in bank National Newark Banking Co 74939 33
Total cash items 78028 01
17 Cash in hands of agents and in course of transmission 216765 68
All other assets both real and personal viz Rents due
and accrued 106 66
Due from other companies for reinsurance on losses
already paid 5246 57
Total assets of the company actual cash market value 4701068 80100 ComptrollerGenerals Report
IIILiabilities
1 Losses due and unpaid 42339 27
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 8467855
3 Losses resisted including interest costs
and other expenses thereon 1121971
4 Total gross amount of claims for losses 138237 53
5 Deduct reinsurance thereon 18897 65
6 Net amount of unpaid losses 119339 88
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 94674346 un
earned premiums fifty per cent 473371 73
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 175320056
unearned premiums pro rata 957625 85
11 Total unearned premiums as computed above carried
out 1430997 58
20 Total amount of all liabilities except capital stock scrip
and net surplus 1550337 46
21 Joint stock capital actually paid up in cash 1000000 00
22 Scrip outstanding 2359 89
23 Surplus beyond capital and all other liabilities 2148371 45
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4701068 80
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 288177 61
3 Net collected 288177 61
4 Gross premiums on risks written and re
newed during the year 1990765 79
5 Total 2278943 40ComptrollerGenerals Report
101
6 Deduct premiums and bills in course of
collection at this date 377855 79
7 Entire premiums collected during the year 1901087 61
8 Deduct reinsurance and return premiums 361906 82
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 Rents 1258886 in
terest on deposits 39988 rights to subscribe to stock
sold 425 total
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1539180 79
95082 00
105896 25
12992 99
1753152 03
1 Gross amount actually paid for losses in
cluding 9515282 losses occurring in
previous years 683865 67
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 270843 and all
amounts actually received for reinsur
ance in other companies 876251 total
deductions 41470 94
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
5 Scrip or certificates of profits redeemed in cash and in
terest paid to scripholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State National and local taxes in this and other
States
All other payments and expenditures viz Agency ex
penses 4750879 adjustment expenses 1317550 real
estate expenses 64287 general expenses 1877146
total
Premiums on stocks and bonds purchased during the
year
642394 7
150000 00
4 08
382458 34
56750 00
51097 20
9
80098 62
15362 50
Aggregate amount of actual expenditures during the
year in cash 1378165 4
102
ComptrollerGenerals Report
Business in the State of Georgia During the Year
Fire risks written 1912036 00
Premiums received gross 27 754 43
Losses paid 3319 36
Losses incurred 3 087 34
FIREMANS FUND INSURANCE COMPANY OF SAN FRANCISCO CAL
AVm J Dutton President Louis Weinmann Secretary
Principal Office 401 California St San Francisco Cal
Edgar S Wilson Macon Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock l 600 000 00
2 Amount paid up in cash 1600000 00
ITAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 566054 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 297 980 00
3 Interest due on all said bond and mortgage loans 57393
interest accrued thereon 152463 total 2 098 56
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 758485 00
5 Value of buildings mortgaged insured
for 10360000 as collateral 285720 00
6 Total value of said mortgaged premises
carried inside 1044205 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 3551362 50
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 182500 00
12 Cash in companys principal office 4282 32
13 Cash belonging to the company deposited
in banks Anglo Californian Bank
Ltd S F Cal 2533859 Crocker Na
tional Bank S F Cal 7059134 San
Francisco National Bank S F Cal
4002944 Bishop Co Bankers Hon
olulu 150000 Exchange Bank Macon
Ga 43651 Fourth National Bank Ma
con Ga 1277828 Bank of California
S F Cal 4108210 Union Trust Co
S F Cal 4392381 The Savings ComptrollerGenerals Report
103
Loan Society S F Cal 1397602 San
Francisco Savings Union S F Cal 21
77796 Oakland Bank of Savings Oak
land Cal 230000 Corn Exchange Na
tional Bank Chicago 111 5276155 Na
tional Shawmut Bank Boston Mass
4900304 National Park Bank New
York 10086719 First National Bank
Las Vegas N M 1000000 First Na
tional Bank Albuquerque N M 10
000 total 496365 83
Total cash items 500648 15
16 Interest due and accrued on collateral loans and uncol
lected 765 60
17 Cash in hands of agents and in course of transmission 737428 25
18 Bills receivable not matured taken for fire marine and
inland risks 31965 40
All other assets both real and personal viz Due from
other companies for reinsurance on losses already
paid 423 29
In hands of London correspondents for convenient set
tlement of marine losses payable in England 66873 28
Total assets of the company actual cash market value 5938099 03
IIILi abilities
1 Losses adjusted and not yet due 37377 97
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 450137 84
3 Losses resisted including interest costs
and other expenses thereon 29726 54
4 Total gross amount of claims for losses 517242 35
5 Deduct reinsurance thereon 112859 37
6 Net amount of unpaid losses 404382 98
11 Total unearned premiums carried out 2870737 19
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 11500 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz
Commissions brokerage etc 173029 15
State county and municipal taxes due and accrued 62500 00104
ComptrollerGenerals Report
Estimated amount due F F Ins Corporation on fiual
settlement of outstanding marine losses 9027 70
20 Total amount of all liabilities except capital stock scrip
and net surplus 3531177 02
21 Joint stock capital actually paid up in cash 1600000 00
23 Surplus beyond capital and all otlier liabilities 806922 01
24 Aggregate amount of all liabilities including capital paid
up aud net surplus 5938099 03
IVIncome During the Year
Fire
Marine and
Inland
4 Gross premiums on risks
written and renewed dur
ing the year 5395763 72 2156556 21
6 Deduct premiums and bills
in course of collection at
this date 610952 05 175544 07
7 Entire premiums collected
during the year 4784811 67 1981012 14
8 Deduct reinsurance and
return premiums 805582 39 990472 44
9 Net cash actually received
for premiums carried
out 3979229 28 990539 70
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 666666
gross loss on sale or maturity of ledger assets 189919
from other sources 37570351 total
13 Received for increased capital
15 Aggregate amount of income actually received during the
year in cash 6085515 47
9485 45
121991 68
377602 70
600000 00
VExpenditures During the Fear
Fire
Marine and
Inland
1 Gross amount actually
paid for losses includ
ing 120780516 losses
occurring in previous
1 years 2096264 57 680695 90ComptrollerGenerals Report
105
Deduct all amounts actu
ally received for sal
vages whether on losses
of the last or of previous
year 2697380 and all
amounts actually received
for reinsurance in other
companies 64729359
total deductions
339194 87
335072 52
3 Net amount paid during
the year for losses 1757069 70 351623 38 2108693 08
4 Expenses of adjustment and settlement of losses 28166 64
6 Paid for commissions or brokerage 327688 41
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 350614 73
8 Paid for State National and local taxes in this and other
States 61169 30
9 All other payments and expenditures viz 1406640 43
Aggregate amount of actual expenditures during the
year in cash 4282972 59
Business in the State of Georgia During the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
Fire Marine Inland
9222798 63 728360 00
121476 34 4968 49
69503 79 2152 69
67652 19 2152 69
FLORIDA HOME FIRE INSURANCE COMPANY OF MARIANNA
John H Carter President H P Mulkey Secretary
Wm A Wright Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 120000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 29000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 79875 00ComptrollerGeneeal s Eeport
5757 37
62358 68
106
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz
Furniture and fixtures
Maps and agency supplies
Total assets of the company actual cash market value
EELLiabilities
1 Losses due and unpaid 6958 09
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1286 07
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired firerisks running one year or less
from date of policy 8825451 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1358037 un
earned premiums pro rata
44127 26
11401 12
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
jiaid up and net surplus
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 150220 44
68116 05
2101 00
20028 86
3067 92
2866 04
205054 87
8244 16
11 Total unearned premiums as computed above carried out 55528 38
63772 54
120000 00
21282 33
205054 87ComptrollerGenerals Eeport 107
6 Deduct premiums and bills in course of
collection at this date 20028 86
7 Entire premiums collected during the year 130191 58
8 Deduct reinsurance and return premiums 37746 83
9 Net cash actually received for premiums carried out 92444 75
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 2604 98
12 Income received from all other sources omitting in
crease if any in value of securities 2097 40
Cash paid in for reinsurance reserve 10500 00
15 Aggregate amount of income actually received during
the year in cash 107647 13
VExpenditures During the Year
1 Gross amount actually paid for losses 15890 69
6 Paid for commissions or brokerage 23400 87
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 16000 30
8 Paid for State National and local taxes in this and other
States 4912 19
9 All other payments and expenditures viz
Adjustment expenditures 35800 local agents postage
and incidental 31863 insurance on companys
property 37172 1048 35
Printing and stationery 139347 postage telegrams
telephone and express 87525 legal expenses 40000
tariff association 22500 salvage corps assessments
17600 3069 72
Aggregate amount of actual expenditures during the
year in cash 64322 12
Business in the State of Georgia During the Year
Fire risks written 373865 00
Premiums received gross 8190 46
Losses paid 5749 98
GEORGIA FIRE INSURANCE COMPANY OF CEDARTOWN

Wm J Harris President Walter S Coleman Secretary
Principal Office Main St Cedartown Ga
Walter S Coleman Attorney for Service in Georgia
1Capital
1 AVhole amount of capital stock
100000 00
2 Amount paid up in cash 100000 00108 ComptbollebGenebals Bepobt
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
7 Amount of other loans
11 Total amount loaned on stocks bonds and all other se
curities except mortgages
13 Gash belonging to the company deposited in bank Bank
of Cedartown
16 Interest due and accrued on collateral loans ajid uu
collected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Due from
special agents offices
Total assets of the company actual cash market value
IIILiabilities
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 739088 un
earned premiums fifty per cent 3695 14
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1495922 un
earned premiums pro rata 4220 43
11 Total unearned premiums as computed above carried
out i
18 Amount of borrowed money
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested
20 Total amount of all liabilities except capital stock scrip
and net surplus i
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
7 Entire premiums collected during the
year 13909 17
8 Deduct reinsurance and return premiums 1439 56
9 Net cash actually received for premiums carried out
102589 84
1475 00
500 00
795 26
1600 00
8691 96
179 15
115831 21
7915 87
1500 00
9415 87
9415 87
100000 00
6415 34
115831 21
12409 61ComptrollerGeneeal s Eeport
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
13 Received for calls on capital 10000000 surplus
150000
15 Aggregate amount of income actually received during
year in cash
VExpenditures 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 2500 legal expenses 15290
Printing and supplies 12525 rent 1735 express
444 postage 1377 telegrams 1576 express
1255
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
109
1160 61
7 510 20
7 101500 00
115640 42
1735 53
t 1012 96
293 00
177 90
307 12
3526 51
690630 00
13549 68
GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS
Rhodes Browne President Win C Coart Secretary
Principal Office 1046 Broad Street Columbus Ga
W P Pattillo Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash 300000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 127000 Ofl
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 168693 50
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 277500 00
5 Value of buildings mortgagged insured
for 18771000 as collateral 259000 00
6 Total value of said mortgaged premises
carried inside 536500 00110
ComptrollerGenerals Keport
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 se
curities except mortgages
13 Cash belonging to the company deposited in bank viz
Lowry National Bank Atlanta Ga 1106 91
National Bank of Columbus Ga 25169 79
Home Savings Bank Columbus Ga 53919 19
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
Rossia Insurance Co Russia 150530 rent notes and
loans endorsed or not 865266 open ledger accounts
574489
604240 3
37100 00
80195 39
145938 02
15902 85
Total assets of the company actual cash market value 1179070 89
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 71054 10
3 Losses resisted including interest costs
and other expenses thereon 10951 00
4
4 Total gross amount of claims for losses 82005 10
5 Deduct reinsurance thereon 16841 38
6 Net amount of unpaid losses 65163 72
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 52396029 un
earned premiums fifty per cent 261980 14
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 55335212 un
earned premiums pro rata 319577 08
11 Total unearned premiums as computed above carried
out 581557 22
15 Dividends declared and remaining unpaid or uncalled for 180 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 646900 94COMPTEOLLERGrENERAls EePOET 111
21 Joint stock capital actually paid up in
cash 300000 00
23 Surplus beyond capital and all other
liabilities 232169 95 532169 95
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1179070 89
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 106585 22
3 Net collected 106585 22
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1082861 21
5 Total 1189446 43
6 Deduct premiums and bills in course of
collection at this date 145938 62
7 Entire premiums collected during the
year 1043507 81
8 Deduct reinsurance and return premiums 346155 27
9 Net cash actually received for premiums carried out 697352 54
10 Received for interest on bonds and
mortgages 1 7084 15
11 Received for interests and dividends on
stock and bonds collateral loans and
from all other sources 27401 22
12 Income received from all other sources
omitting increase if any in value of
securities 5663 70
Total 50149 07
15 Aggregate amount of income actually received during
the year in cash 747501 Gl
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 2428013 losses occurring in pre
vious years 372666 11
2 Deduct all amounts actually received for
reinsurance in other companies 57826 41
Net amount paid during the year for losses 314839 70
4 lash dividends actually paid stockholders amount of
stockholders dividends declared during the year 30000 00112 ComptrollerGenerals Report
6 Paid for commissions or brokerage 152562 73
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 113636 S3
8 Paid for State national and local taxes in this and other
States 32137 17
9 All other payments and expenditures viz
Advertising stationery legal expenses etc 12284 51
Aggregate amount of actual expenditures during the
year in cash 655460 94
Business in the State of Georgia During the Year
Fire risks written i 5466913 00
Premiums received gross 78500 27
Losses paid 50663 95
Losses incurred 45923 07
GERMAN ALLIANCE FIRE INSURANCE CO OF NEW YORK N Y
William N Kremer President Charles G Smith Secretary
Principal Office 58 Liberty Street New York
W L Reynolds Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 400000 00
2 Amount paid up in cash 400000 00
IIAssets
2 Loans and bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 41500 00
5 Value of Buildings Mortgaged insured
for 5400000 as collateral 49500 00
58000 00
373 00
6 Total value of said mortgaged premises
carried inside 91000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1049745 00
13 Cash belonging to the Company deposited in bank viz
Citizens Central National Bank of New York 077 44
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3502 00
17 Cash in hands of agents and in course of transmission 140440 82
Total assets of the company actual cash market value 1308138 26ComptrollerGenerals Beport 113
IIILiabilities
1 Losses due and unpaidnot yet due 53267 10
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 194354 00
3 Losses resisted including interest costs
and other expenses thereon 16725 00
4 Total gross amount of claims for losses 264346 10
5 Deduct reinsurance thereon 175288 00
6 Net amount of unpaid losses 89058 10
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 43406414 un
earned premiums fifty per cent 217032 07
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 38970778
unearned premiums pro rata 215814 21
11 Total unearned premiums as computed above carried
out 432846 28
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 41643 32
20 Total amount of all liabilities except capital stock scrip
and net surplus 563547 70
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 344590 56
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1308138 26
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at the close of last previous
year as shown by that years statements 147416 41
3 Net collected 147416 41
4 Gross premiums on risks written and re
newed during the year 2815105 47
5 Total 2962521 88
8cg114
ComptrollerGenerals Report
6 Deduct premiums and bills in course of
collection at this date 140440 82
7 Entire premiums collected during the
year 2822081 06
8 Deduct reinsurance and return premiums 2225186 01
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interest 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 Interest on deposits
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 8421153 losses occurring in
previous years 1188678 19
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 314780 and all
amounts actually received for reinsur
ance in other companies 87646310
total deductions 879610 90
596895 05
2213 00
50712 50
396 22
650216 77
3 Net amount paid during the year for losses 309067 29
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 48000 00
6 Paid for commissions or brokerage 160851 49
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 5180 00
8 Paid for State National and local taxes in this and other
States 16154 46
9 All other payments and expenditures viz Legal expenses 50 00
Aggregate amount of actual expenditures during the
year in cash 539303 24
Business in the State of Georgia During the Year
Fire risks written 3626554 00
Premiums received gross 42208 34
Losses paid 22046 44
Losses incurred 20315 44COMPTROLLEKGrENEKAls REPORT
115
THE GERMAN AMERICAN INSURANCE COMPANY OF NEW YORK
William N Kremer President Charles G Smith Secretary
Principal Office 58 Liberty St New York
W L Reynolds Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
1500000 00
2 Amount paid up in cash
3 Amount in notes of the stockholders
1500000 00
1500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 126000 00
5 Value of buildings mortgaged insured for
242000 00 as collateral 254000 00
958692 39
239000 00
3005 83
6 Total value of said mortgaged premises
carried inside 380000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 10301661 00
12 Cash in companys principal office 24438 85
13 Cash belonging to the company deposited in bank Na
tional Bank of Commerce of New York 16197529
German American Bank of New York 8930467 Na
tional City Bank of New York 992524 Dominion
Bank Toronto Canada 1941254 New York Trust Co
of New York 6248321 Title Guarantee and Trust
Co of New York 6294782 Citizens Central Na
tional Bank of New York 20917346 Metropolitan
Bank of New York 25513 Peoples Trust Co of
Brooklyn 2 per cent 385568 American Trust Sav
ings Bank of Chicago 2 per cent 9107008 Seaboard
Bank of San Francisco 3174124 total742144 36
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on bank balances
17 Cash in hands of agents and in course of transmission
Due from other companies for reinsurance on losses
already paid
40217 33
202 85
1182577 82
16097 61
Total assets of the company actual market value 13508038 0411 1 2 3 4 5 6 7 8 11 17 19 6 Comptroller Generals IIILiabilities Gross losses in process of adjustment or in suspense including all reported and Beport 107828 00 855138 765129 6305339 23270 498945 00 00 98 43 28
Losses resisted including interest costs 75457 00
Total gross amount of claims for losses 1038423 00 273294 00

Gross premiums without any deduction received and receivable upon all unexpired fire risks running one year or less from date of policy 452398812 unearned premiums fifty per cent Gross premiums without any deduction received and receivable upon all unexpired fire risks running more than one year from date of policy 753253238 2261994 06 4043345 92

Total unearned premiums as computed above carried out
Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses All other demands against the company absolute and contingent due and to become due admitted and contested viz State city county or other taxes or assessment 12500000 commissions brokerage and other charges due and to become due to agents and brokers on premiums paid and in course of collection 6188096 return premiums 556192 reinsurance premiums 306509 40 tntnl
Total amount of all liabilities except c
20 21 23 24 1 apital stock 7592684 1500000 4415353 69 00 35
Joint stock capital actually paid up in casl Surplus beyond capital and all other liabili Aggregate amount of all liabilities includin IVIncome During the Gross premiums and bills in course of collection at close of last previous year as shown by that years statement

X capital paid 13508038 04 Year 1339891 22

ComptrollerGenerals Report
117
3 Net collected 1339891 22
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 10539439 96
5 Total 11879331 18
6 Deduct premiums and bills in course of
collection at this date 1469931 33
7 Entire premiums collected during the
year cash 10409399 85
8 Deduct reinsurance and return premiums 4094307 90
9 Net cash actually received for premiums carried out 6315091 95
10 Received for interest on bonds and mortgages 10960 00
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 543295 86
12 Income received from all other sources omitting increase
if any in value of securities viz Profit on sale of
stocks and bonds 4829000 premiums charged to
profit and loss 52410 total 48814 10
15 Aggregate amount of income actually received during the
year in cash 6918161 91
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 72836608 losses occurring in
previous years 4475130 78
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2890615 and all
amounts actually received for reinsur
ance in other companies 132956989
total deductions 1358476 04
Net amount paid during the year for losses 3116654 74
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 450 000 00
6 Paid for commissions or brokerage 1189895 81
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State National and local taxes in this and
other States
9 All other payments and expenditures
556532 28
186875 23
349684 51
Aggregate amount of actual expenditures during the
year in cash 5849642 57118 ComptbolleeGenebals Bepobt
Business in the State of Georgia During the iear
Fire risks written 7637098 00
Premiums received gross 150697 67
Losses paid 114407 65
Losses incurred 105144 24
GEBMANIA FIEE INSUEANCE COMPANY OP NEW YOBK
Hugo Schumann President Gustav Kehr Secretary
Principal Office 62 William Street New York
S C Williams Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the incumbrances thereon 750000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 290000 00
3 Interest accrued on all said bond and mortgage loans 5332 69
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 297800 00
5 Value of buildings mortgaged insured for
26800000 as collateral 350700 00
6 Total value of said mortgaged premises
carried inside 648500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3252952 50
12 Cash in companys principal office 9982 30
13 Cash belonging to the company deposited
in bank German American Bank of
New York 22144703 National Park
Bank 13232558 First National Bank
of Illinois Chicago 7705089 total 440805 80
Total cash items 440805 80
17 Cash in hands of agents and in course of transmission 428469 99
All other assets both real and personal viz Bents due
and accrued 50000 interest accrued on bonds 24
01823 total 24518 23
Total 5192079 21
Less balances over 3 mos due 6 429 70
Total assets of the company actual cash market value 5185 649 51ComptrollerGenerals Report
119
IIILiabilities
1 Losses due and unpaid 97296 34
2 Gross losses in process of adjustment or
in suspense including all reported and
and supposed losses 103952 75
3 Losses resisted including interest costs
and other expenses thereon 11597 00
4 Total gross amount of claims for losses 212846 09
5 Deduct reinsurance thereon 45661 51
6 Net amount of unpaid losses 167184 58
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 153636119 un
earned premiums fifty per cent 768180 59
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 431729766
unearned premiums pro rata 2279828 49
11 Total unearned premiums as computed above carried
out 3048009 08
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz due reinsurance companies 1493174 un
paid commissions 626312 total 21194 86
20 Total amount of all liabilities except capital stock
scrip and net surplus 3236388 52
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 949260 99
24 Aggregate amount of all liabilities including captial paid
up and net surplus 5185649 51
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 390975 67
3 Net collected 390975 67
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3602463 93
5 Total 3993449 60120
ComptrollerGenerals Report
6 Deduct premiums and bills in course of
collection at this date
428469 99
7 Entire premiums collected during the year 3564979 61
8 Deduct reinsurance and return premiums 841507 55
9 Net cash actually received for premiums carried out 2723472 06
10 Received for interest on bonds and mortgages 14369 30
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 176545 77
12 Income received from all other sources omitting in
crease if any in value of securities viz Payment to
reinsurance companies on account of balance held by
this company 103794 profit and loss account 66
53308 total 67671 02
15 Aggregate amount of income actually received during
the year in cash 2982058 15
i VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 22351763 losses occurring in
previous years 1476531 43
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 75200 and all
amounts actually received for reinsur
ance in other companies 39804794
total deductions 405307 73
Net amount paid during the year for losses 1071223 70
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 and all other employees
8 Paid for State National and local taxes in this and
other States
9 All other payments and expenditures
120000 00
721327 59
209980 88
86724 29
151587 80
Aggregate amount of actual expenditures during the
year in cash 2360844 26
Business in the State of Georgia During the Year
Fire risks written 3459555 00
Premiums received gross 56 066 99
Losses paid 30116 21
Losses incurred 28 388 48ComptrollerGenerals Report
121
GIRARD FIRE AND MARINE INSURANCE COMPANY
OF PHILADELPHIA
Henry M Gratz President Edwin F Merrill Secretary
Principal Office 633 Chestmut Street Philadelphia
John A Whitner Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of ihcumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 427090 00
5 Value of buildings mortgaged insured for
194650 as collateral 336250 00
500000 00
275 750 00
302550 00
3979 32
6 Total value of said mortgaged premises
carried inside 763340 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
11 Total par and market value and amount loaned thereon
12 Cash in companys principal office 2879 59
13 Cash belonging to the company deposited
in bank Philadelphia National Bank
Philadelphia 3533109 Land Title
Trust Co Philadelphia 107427 Ger
manAmerican Bank Philadelphia
74181 American Trust Savings
Bank Chicago 1143045 total 48577 62
1244723 25
210140 00
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected and bonds
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
18 Bill receivable not matured taken for fire marine and
inland risks
All other assets both real and personal
Total assets of the company actual cash market value
51457 21
15740 05
924 14
131522 62
5061 38
741 32
2246638 61
122
ComptrollerGenerais Report
IIILiabilities
1 Losses due and unpaid 73 06
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 44529 94
3 Losses resisted including interest costs
and other expenses thereon 4733 00
4 Total gross amount of claims for losses 49336 00
5 Deduct reinsurance thereon 9223 00
6 Net amount of unpaid losses 40113 00
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 43964052 un
earned premiums fifty per cent 219820 26
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 96293515
unearned premiums pro rata 528341 64
11 Total unearned premiums as computed above carried
out 74816190
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
departmentperpetual premiums 643059 26
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 4155 45
20 Total amount of all liabilities except capital stock
scrip and net surplus 1435489 61
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 311 149 00
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2246638 61
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 106797 56
3 Net collected 106797 56ComptrollerGenerals Report
123
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1119693 58
5 Total 1226491 14
6 Deduct premiums and bills in course of
collection at this date 131926 35
7 Entire premiums collected during the
year 1094564 79
8 Deduct reinsurance and return premiums 311961 22
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
Net perpetual premiums
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 12774550 losses occurring in
previous years 456439 77
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 124849 and all
amounts actually received for reinsur
ance in other companies 4472880
total deductions 45977 29
782603 57
17075 78
67676 16
14778 84
8223 34
890357 69
Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
5 Cost of underwriting companys additional stock 200
00000 reported last years statement
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 in
cluding 5000 for companys occupancy of its own
buildings 718344 advertising 142325 printing and
stationery 871129 1013454 postage telegrams
410462 48
90000 00
35000 00
194049 06
96534 35
23743 88124 ComptrollerGenerals Report
telephone and express 206223 legal expenses 250
furniture and fixtures 167145 maps including cor
rections 485021 underwriters boards and tariff asso
ciations 809982 fire department fire patrol and sal
vage corps assessments fees taxes and expenses 6
79834 inspections and surveys 339029 repairs and
expenses other than taxes on real estate 444238
taxes on real estate 423518 total 5502370
Aggregate amount of actual expenditures during the
year in cash 904813 47
Business in the State of Georgia During the Year
Fire risks written 848437 00
Premiums received gross 13848 92
Losses paid 563 47
Losses incurred 572 47
GLENS FALLS INSURANCE CO OF GLENS FALLS N Y
J L Cunningham President E W West Secretary
Principal Office Corner Glen and Bay Streets Glens Falls
O F Simpson Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 00 200000 00
2 Amount paid up in cash 200000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 43885 23
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 805875 00
3 Interest due on all said bond and mortgage loans
217990 interest accrued thereon 162826 total 3808 16
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2850228 80
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 18000 00
12 Cash in companys principal offices 1025 90
13 Cash belonging to the company deposited
in bank 449693 94
Total cash items 450719 84
15 Interest due and accrued on stocks not included in mar
ket value uncollected 5676 25ComptrollerGenerals Eeport 125
16 Interest due and accrued on collateral loans and uncol
lected 342 50
17 Cash in hands of agents and in course of transmission 210158 82
18 Bill receivable not matured taken for real estate sold 200 00
All other assets both real and personal viz Eents due
and accrued 350 accrued interest on deposits 845 1195 00
Total assets of the company actual cash market value 4390089 60
Assets not admitted viz Agents balances over three
months due 1188997 book value of bonds and stocks
over market value 3092880 contingent depreciation
in mortgage loans 2000000 total 62818 77
Total admitted assets 4327270 83
IIILiabilities
1 Losses unpaid 15198 82
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 111905 00
3 Losses resisted including interest costs
and other expenses thereon 11550 00
4 Total gross amount of claims for losses 138653 82
5 Deduct reinsurance thereon 15131 31
6 Net amount of unpaid losses 123522 51
7 Gross premiums without any deduction
recicved and receivable upon all unex
pired fire risks running one year or less
from date of policy 95483369 un
earned premiums fifty per cent 477416 84
8 Gross premiums without any deduction
recieved and receivable upon all unex
pired fire risks running more than one
year from date of policy 261542113
unearned premiums pro rata 1425438 29
11 Total unearned premiums as computed above carried
out 1902855 13
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 scrip
and net surplus 2046377 64
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 2080893 19
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4327270 83126
ComptrollerGenerals Report
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 2333019 00
8 Deduct reinsurance and return premiums 516844 72
9 Net cash actually received for premiums carried out 1816174 28
11 Received for interests and dividends on
stock and bonds collateral loans and
from all other sources 193671 81
12 Income received from all other sources
omitting increase if any in value of
securities viz Rents 207249 207249
Total 195744 30
Balance profit and loss items 949 54
15 Aggregate amount of income actually received during the
year in cash 2012868 12
VExpenditures During the Year
1 Gross amount actually paid for losses 827424 41
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 135652 and all
amounts actually received for reinsur
ance in other companies 10064353
total deductions 101999 90
Net amount paid during the year for losses 725424 51
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 60000 00
6 Paid for commissions or brokerage 384926 38
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 186612 79
8 Paid for State National and local taxes in this and
other States 61848 25
9 All other payments and expenditures 93320 39
Aggregate amount of actual expenditures during the
year in cash 1513024 14
Business in the State of Georgia During the Year
Fire risks written 3539430 00
Premiums received gross 51647 28
Losses paid 18944 62
Losses incurred 21 116 32C0MPTK0LLERGrENERAls EePOET 127
GLOBE AND RUTGERS FIRE INSURANCE COMPANY OF NEW YORK
E C Jameson President Lyman Candee Secretary
Principal Office 7678 William Street New York
J L Riley Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
IIAssets
400000 00 400000 00
400000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 72945 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 65700 00
3 Interest due on all said bond and mortgage loans 1123 61
6 Total value of said mortgaged premises carried inside 139000 00
849965 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
11 Total par and market value of stocks
and bonds 1 811320 00 1965269 50
12 Cash in companys principal office 1364 42
13 Cash belonging to the company deposited in bank 150773 34
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
Manhattan reinsurance loss account
24713 82
974666 73
56661 60
Total assets of the company actual cash market value 4163183 02
IIILiabilities
1 Losses due and unpaid 82003 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 247691 00
3 Losses resisted including interest costs
and other expenses thereon 19150 00
4 Total gross amount of claims for losses 348844 00
5 Deduct reinsurance thereon 29267 00
6 Net amount of unpaid losses 319577 00128 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 341759546 un
earned premiums fifty per cent 1708797 73
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 88016407
unearned premiums pro rata 477482 73
11 Total unearned premiums as computed above carried
out 2186280 46
17 Due for accrued salaries rent advertising and for agency
and other miscellaneous expenses 53593 20
18 Amount of borrowed money 105000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 2664450 66
21 Joint stock capital actually paid up in
cash 400000 00
23 Surplus beyond capital and all other lia
bilities 1098732 36
1498732 36
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4163183 02
IVIncome During the Year
1 Gross premiums in course of collection at
close of last previous year as shown by
that years statement 874800 35
3 Net collected 874800 35
4 Gross premiums on risks written and re
newed during the year 4891757 44
5 Total 5766557 79
6 Deduct premiums and bills in course of
collection at this date 974666 73
7 Entire premiums collected during the
year 4791891 06
8 Deduct reinsurance and return premiums 1448760 11
9 Net cash actually received for premiums carried out 3343130 95
10 Received for interest on bonds and mortgages 2 365 00ComptrollerGenerals Eeport
129
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 108200 73
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 5542 00
Profit on sale of ledger assets 2608 33
15 Aggregate amount of income actually received during the
year in cash 3461847 01
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 40441550 losses occurring in
previous years 2237891 12
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 927578 and all
amounts actually received for reinsur
ance in other companies 22323949
total deductions 232515 27
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
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 5
50500 taxes real estate 76588 repairs on real estate
60235 borrowed money 3000000 miscellaneous
4520514 total
Loss on sale of securities
2005375 85
120000 00
633937 72
85414 72
62654 94
82078 37
5438 40
Aggregate amount of actual expenditures during the
year in cash 2994900 00
Business in the State of Georgia During the Year
Fire risks written 1742361 00
Premiums received gross 35269 68
Losses paid 5431 51
Losses incurred 9431 51
9cg130
ComptrollerGenerals Report
HAMBURGBREMEN FIRE INSURANCE COMPANY OF HAMBURG
GERMANY
A Hammacher president pro tem H C Buchenberger Managing Director
Principal Office in the United States 19 Liberty Street New York
W F Pattillo Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1500000 00
2 Amount paid up in cash 615000 00
3 Amount in notes of the stockholders 885000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1709299 58
10 Total amount loaned on stocks and bonds and all other
securities except mortgages 25 000 00
13 Cash belonging to the company deposited in bank Bank
of America New York City 51 985 56
17 Cash in hands of agents and in course of transmission 151408 10
Total assets of the company actual cash market value 1937693 24
IIILiabil ities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 109210 00
3 Losses resisted including interest costs
and other expenses thereon 19915 00
4 Total gross amount of claims for losses 129125 00
5 Deduct reinsurance thereon 1835 00
6 Net amount of unpaid losses 127 290 00
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 118131207 un
earned premiums fifty per cent 59065604
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 157000560
unearned premiums pro rata 820738 62
11 Total unearned premiums as computed above carried
out 1411394 66ComptbollebGeneeals Eepoet 131
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Balances due agents 6960 50
20 Total amount of all liabilities except capital stock scrip
and net surplus 3545645 16
23 Surplus beyond capital and all other liabilities 392048 08
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1937693 24
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 2003271 59
5 Total 2003271 59
7 Entire premiums collected during the
year 2003271 59
8 Deduct reinsurance and return premiums 32840774
9 Net cash actually received for premiums carried out 1674863 85
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 73040 27
14 Amount of remittances from home office
during the year 35994 21
15 Aggregate amount of income actually received during the
year in cash 1747904 12
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 49684080 losses occurring in
previous years 1326907 37
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 696500 and all
amounts actually received for reinsur
ance in other companies 12458906
total deductions 131554 06
3 Net amount paid during the year for losses 1195353 31
6 Paid for commissions or brokerage 327641 34
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 198453 88
8 Paid for State National and local taxes in this and other
States 55895 90
132 ComptrollerGenerals Eeport
9 All other payments and expenditures viz Rents print
ing advertising postage legal expenses furniture and
fixtures maps underwriters and fire patrol assessments
etc 106765 69
10 Amount sent to home office during the
year 167469 50
Aggregate amount of actual expenditures during the
year in cash 1884110 12
Business in the State of Georgia During the Year
Fire risks written 1508635 00
Premiums received gross 25571 64
Losses paid 11314 92
Losses incurred 8 529 92
HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y
R Emory Warfield President Joseph MeCord Secretary
Principal Office 34 Pine Street New York
F A McCarroll Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 000 000 00
2 Amount paid up in cash 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1 129 473 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 3 500 00
3 Interest accrued on all said bond and mortgage loans 14 58
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 2500 00
5 Value of buildings mortgaged insured
for 3500 as collateral 5000 00
6 Total value of said mortgaged premises
carried inside 7500 00
7 Amount of other loans 200 000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2300805 33
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 200 000 00
12 Cash in companys principal office 10726 42ComptrollerGenerals Report
133
13 Cash belonging to the company in banks
Bank of America 2074596 German
American Bank 1701591 Central
Trust Co 6038239 Seaboard National
Bank 597274 Guarantee Trust Co
Philadelphia 20000 total 104317 00
Total cash items
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
115043 42
1672 92
350541 53
13112 80
Total assets of the company actual cash market value 4114163 58
IIILiabilities
1 Losses due and accrued and unpaid 54737 80
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 163769 45
3 Losses resisted including interest costs
and other expenses thereon 29046 63
4 Total gross amount of claims for losses 247553 88
5 Deduct reinsurance thereon 31671 95
6 Net amount of unpaid losses 215881 93
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 148343782 un
earned premiums fifty per cent 741718 91
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 232702695
unearned premiums pro rata 1205610 67
259 54
11 Total unearned premiums as computed above carried out 1947589 12
19 All other demands against the company absolute and con
tingent due and to become due admitted and Contested
viz Commissions and brokerage 1324514 return
premiums 236160 reinsurance 2758403 total 43190 77
20 Total amount of all liabilities except capital stock
scrip and net surplus 2206661 82134
ComptrollerGenerals Eeport
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 907501 76
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4114163 58
IVIncome During the Year
7 Entire premiums collected during the year 2995499 78
8 Deduct reinsurance and return premiums 766048 00
9 Net cash actually received for premiums carried out 2229451 78
10 Received for interest on bonds and mortgages 175 00
11 Received for interests and dividends on stock and bonds
collateral loans 110241 68
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 8156046
miscellaneous 37500 total 99 268 82
15 Aggregate amount of income actually received during the
year in cash 2439512 28
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 24278971 losses occurring in
previous years 1320850 93
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 495210 and all
amounts actually received for reinsur
ance in other companies 16436433
total deductions 169316 43
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 2242302 85
1151534 50
100000 00
447178 44
199484 83
62949 52
281155 56
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
3114436 21
34479 13
31453 72
26506 83ComptrollerGenerals Report 135
HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN
Geo L Chase President Thos Turnbull Asst Secretary
Principal Office 125 Trumbull St Hartford Conn
Thos Egleston 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 1085187 75
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 534000 00
3 Interest due on all said bond and mortgage loans
161250 interest accrued thereon 503651 6649 01
4 Value of land and buildings mortgaged 1279400 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 12486294 33
11 Total par and market value and amount loaned thereon 101000 00
12 Cash and cash items in companys princi
pal office 41483 56
13 Cash belonging to the company deposited
in bank viz Connecticut Trust and
Safe Deposit Company 72885124 J P
Morgan Co New York 2767677
Hartford National Bank 30310796
American National Bank Hartford
76097 Imperial Bank of Canada
Toronto Ont 2664584 American Ex
change National Bank New York 32
47954 Union Trust Co San Francisco
3402775 AngloCalifornia National
Bank San Francisco 1235763 North
ern Trust Company Chicago 66
28598 1232193 68
Total cash items 1273677 24
15 Interest due and accrued on bonds not included in mar
ket value uncollected 150232 86
16 Interest due and accrued on collateral loans and un
collected 893 05136 ComptrollerGenerals Report
17 Cash in hands of agents and in course of transmission 1776611 J6
All other assets both real and personal viz rents due
and accrued 141166 due from other companies for re
insurance on losses already paid 2355081 24962 47
Gross premiums in course of collection not over three
months due not debited to authorized agents 1481095 67
Total assets of the company actual cash market value 18920603 84
IIILiabilities
1 Losses adjusted and unpaid 324 472 99
2 Gross losses in process of adjustments or
in suspense including all reported and
supposed losses 773 oEd 98
3 Losses resisted including interest costs
and other expenses thereon 99527 76
4 Total gross amount of claims for losses 1202092 73
5 Deduct reinsurance thereon 102 485 82
6 Net amount of unpaid losses 099 606 91
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 1067649352 un
earned premiums fifty per cent 5338246 76
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 1214956314 un
earned premiums pro rata 6547 523 12
11 Total unearned premiums as computed above carried
out 11885769 88
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission 37490010 return premium 298
87650 673776 60
20 Total amount of all liabilities except capital stock scrip
and net surplus 13659 153 39
21 Joint stock capital actually paid up in cash 2000000 CO
23 Surplus beyond capital and all other liabilities 3261450 45
24 Agggregate amount of all liabilities including capital
paid up and not surplus 18920603 84ComptrollerGeneral s Report 137
IVrIncome During the Year
7 Entire premiums collected during the
year 18372689 61
8 Deduct reinsurance and return premiums 3940861 35
9 Net cash actually received for premiums carried out 14431828 26
10 Received for interest on bonds and mortgages 30777 26
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 623903 02
12 Income received from all other sources omitting increase
if any in value of securities viz Conscience money 42 00
15 Aggregate amount of income actually received during the
year in cash 15088550 54
VExpenditures During the Year
1 Gross amount actually paid for losses
including 123625801 losses occurring
in previous years 7818988 00
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in other
companies total deductions 927562 15
Net amount paid during the year for losses 6891425 85
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 506054 61
6 Paid for commissions or brokerage 2660379 43
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 926638 11
8 Paid for State national and local taxes in this and other
States 404216 08
9 All other payments and expenditures viz Borrowed
money repaid 150000000 other expenditures 1129
96621 2629966 21
Aggregate amount of actual expenditures during the year
in cash 14018630 29
Business in the State of Georgia During the Year
Fire risks written 17235695 00
Premiums received gross 305028 05
Losses paid 172476 01
Losses incurred 159356 i7138 ComptrollerGenerals Report
the home insurance company op new york
Elbridge G Snow President Areunah M Burtis Secretary
Principal Office 56 Cedar Street New York N Y
Chas V Philips Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 3000000 00
2 Amount paid up in cash 3000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1543892 06
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 102800 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 115500 00
5 Value of buildings mortgaged insured for
10730000 as collateral 115000 00
6 Total value of said mortgaged premises
carried inside 230500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 16467630 00
13 Cash belonging to the company deposited
in bank viz New York Trust Com
pany 3521241 American Exchange
National Bank 102937859 Hanover
National Bank 27629471 United
States Mortgage Trust Company
22072146 Colonial Branch Trust
Company of America 5000000 1611607 17
Total cash items 1611607 17
17 Cash in hands of agents and in course of transmission 1135105 05
18 Bills receivable not matured taken for fire marine
and inland risks 1663 10
Total assets of the company actual cash market value 20862697 OS
IIILiabilities
1 Losses due and unpaid 205357 01
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1407428 67Comptroller General s Report
139
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
82086 13
1694871 81
736205 51
6 Net amount of unpaid losses 958666 30
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 655055700 un
earned premiums fifty per cent 3275279 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 1060020300 un
earned premiums pro rata 5661716 00
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unexpired
inland navigation and marine risks 121
19900 unearned 50 per cent
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks
121199 00
58103 00
11 Total unearned premiums as computed above carried out
16 Cash dividends to stockholders remaining unpaid com
missions and brokerage
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance unpaid
Reserve as a conflagration surplus
9116297 00
63077 60
521445 51
500000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 11159486 41
21 Joint stock capital actually paid up in cash 3000000 00
23 Surplus beyond capital and all other liabilities 6703211 27
24 Aggregate amount of all liabilities including capital paid
up and net surplus 20862697 68
Amount of unearned premiums represented by installment
notesbeing the whole amount of such notes 1683420 71140
ComptbollebGeneeals Repobt
IVIncome During the Year
Fire
Marine and
Inland
Gross premiums and bills in
course of collection at
close of last previous
year as shown by that
years statement 235644 93 111596 86
Net collected 235644 93 111596 86
Gross premiums on risks
written and renewed dur
ing the year 14736066 48 513872 05
Total 14971711 41 625468 91
Deduct premiums and bills
in course of collection at
this date 224023 50
Entire premiums collected
during the year 14747687 91
Deduct reinsurance and re
turn premiums 4672586 55
107670 32
517798 59
244180 52
10
11
12
Net cash actually received
for premiums 1007510136 273612 07 10348713 43
Received for interest on bonds and mortgages 5 609 50
Received for interests and dividends on stock and bonds
collateral loans and from all other sources 7gi 409
Income received from all other sources omitting increase
if any in value of securities viz Rents 18049874
other income 617767 gg gyg
Aggregate amount of income actually received during the
year in cash 11302469 8
VExpenditures During the Year
Fire
Marine and
Inland
2
Gross amount actually paid
for losses including 1
20998712 losses occurring
in previous years 622212102 359675 91
Deduct all amounts actu
ally received for salvages
whether on losses of the
last or of previous year
5417258 and all amountsComptrollerGenerals Report
141
actually received for rein
surance in other com
panies 200892399 to
tal deductions
1443 12
196653 45
Net amount paid during
the year for losses 4355677 90 16302156 4518699 46
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 600000 00
6 Paid for commissions or brokerage 1940690 99
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 565088 12
8 Paid for State national and local taxes in this and other
States 253682 31
Expenses of adjustment and settlement of losses 103775 46
9 All other payments and expenditures viz Traveling ex
penses 8692464 rents 8606528 advertising print
ing and stationery 13410105 postage telegrams and
express 8068405 legal expenses 92736 taxes and
repairs on real estate 5622098 exchange 1175209
profit and loss and suspense account 1948646 inci
dentals 29887372 total 775035 63
Aggregate amount of actual expenditures during the year
in cash 8756971 97
Business in the State of Georgia During the Year
Fire risks written 24317649 00
Premiums received gross 191285 31
Losses paid 135953 47
Losses incurred 121473 66
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA
Charles Platt President Greville E Fryer Secretary and Treasurer
Home Office 232 Walnut Street Philadelphia
Edward S Gay Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 3000000 00
2 Amount of ledger assets as per balance
Dee 31 of previous year 10404086 09
4 Extended at 10404086 09142
ComptrollerGenerals Report
IIIncome
Marine and
Inland
Fire
5 Gross premiums 756601700 2815459 82
6 Deduct reinsurance rebate
abatement and return
premiums 1561958 40 594344 22
7 Total premiums other than
perpetual 6004058 60 2221115 60 8225174 20
8 Deposit premiums written on perpetual risks gross 18528 47
9 Gross interest on mortgage loans 25903 52
10 Gross interest on collateral loans 230 44
11 Gross interest on bonds and dividends on
stocks 328457 65
12 Gross interest on deposits 1830134
14 Gross rents from companys property in
eluding 1000000 for companys occu
pancy of its own buildings 25503 72
15 Total gross interest and rents 398396 67
16 Gross profit on sale or maturity of ledger assets viz
Real estate 3000 bonds 203834 stocks 3500 8538 34
17 Gross increase in book value of ledger assets viz Bonds 2385 10
19 Perpetual permits transfer fees and
earned deposits 3 041 46
20 Dividends from bad debts previously
charged off 320 51
3361 97
28 Total income 8656384 75
IIIDisbursements
Fire
Marine and
Inland
1 Gross amount paid policy
holders for losses 3224822 80 1858735 93
2 Deduct amount received
for salvage 20262034
and for reinsurance in
other companies 535
79084 381244 21 357166 97
3 Net amount paid policy
holders for losses 2843578 59 1501568 96 4345147 55
4 Expenses of adjustment and settlement of losses 31124 59
5 Deposit premiums returned 21 664 90CompteollebGeneeals Report
143
6 Paid stockholders for interest or dividends 360000 00
9 Commissions or brokerage 1761301 50
10 Allowances to local agencies for miscellaneous agency
expenses 181760 25
11 Salaries 20189509 and expenses 3259440 of special
and general agents 234489 49
12 Salaries fees and all other charges of officers directors
trustees and home office employes 157888 15
13 Bents including 1000000 for companys occupancy of
its own buildings 36497 47
14 Advertising 1435022 printing and stationery 4354197 57892 19
15 Postage telegrams telephone and express 36308 54
16 Legal expenses 8236 33
18 Maps including corrections 13557 90
19 Underwriters board and tariff associations 29875 57
20 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 6050 43
21 Inspections and surveys 30426 61
22 Repairs and expenses other than taxes on real estate 7053 72
23 Taxes on real estate 4892 58
24 State taxes on premiums 128869 95
25 Insurance Department licenses and fees 22817 99
26 All other licenses fees and taxes Pennsylvania tax on
capital stock 3918010 Virginia Custody tax 2650
taxes on real estate sold in 1906 18172 municipal
licenses 1041263 total 49800 95
27 Gross loss on sale or maturity of ledger assets viz
Real estate 365000 bonds 112047 total 4770 47
28 Gross decrease in book value of ledger assets viz
Real estate 20000 bonds 34700 stocks 315000 3697 00
30 Bad debts charged off 1749 85
31 Miscellaneous 31622 83
33372 68
Total disbursements 7567496 81
IVLedger assets
1 Book value of real estate 399138 75
2 Mortgage loans on real estate first liens
46368348 other than first 4300000 467983 48
4 Book value of bonds excluding interest
736533250 and stocks 92608750 8291420 00
5 Cash in companys office 2174 63
6 Deposited in trust companies and banks
not on interest 94839 35
7 Deposited in trust companies and banks
on interest 948760 78144
ComptrollerGenerals Report
8 Agents balances representing business
written subsequent to October 1 1907 21531 86
9 Agents balances representing business
written prior to October 1 1907 1227492 38
10 Bills receivable taken for marine and in
land risks 39632 80
16 Total ledger assets11492974 03
NonLedger Assets
17 Interest due 82313 and accrued 302461
on mortgages 3847 74
18 Interest accrued on bonds 48769 98
52617 72
Total 11545591 75
26 Reinsurance elaims on losses paid 31490 95
28 Gross assets 11577082 70
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to October 1 1907
33 Bills receivable past due taken for
marine inland and fire risks
35 Book value of ledger assets over market
value viz Bonds 24392409 stocks
4303750 total
21531 86
485 00
308978 45
39 Total admitted assets 11268104 25
VLiabilities
1 Gross losses adjusted and
unpaid
2 Gross claims for losses in
process of adjustment or
in suspense including all
reported and supposed
losses
3 Gross claims for losses re
sisted
Fire
90215 59
Marine and
Inland
357202 71 415400 00
24131 70
4 Total 471550 00 415400 00
5 Deduct reinsurance due or
accrued 31550 00 78300 00
6 Net amount of unpaid losses
and claims 440000 00 337100 00 777100 00ComptrollebGenebals Repobt
145
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks running one year or less from date
of policy 385882009 unearned pre
miums fifty per cent 1929410 05
8 Gross premiums received and receivable
upon all unexpired fire risks running
more than one year from date of policy
598038221 unearned premiums pro
rata 3168086 51
9 Gross premiums cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 491664 19
12 rotal unearned premiums as computed above 5589160 75
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the pre
mium or deposit received 762185 64
19 Salaries rents expenses bills accounts fees etc due
and accrued 323 31
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 55000 00
22 Return reinsurance premiums 16393 84
27 Total amount of all liabilities except capital 7200163 54
28 Capital actually paid up in cash 3000000 00
29 Surplus over all liabilities 1067940 71
Total 4067940 71
30 Surplus as regards policyholders 11268104 85
Business in the State of Georgia During the Year
Fire Marine Inland Aggregate
Risks written 1074724 00 28642654 00 34717378 00
Premiums received 113857 16 132716 27 246573 43
Losses paid 74483 29 68472 40 142955 69
Losses incurred 65683 82 69022 40 134706 22
THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA
J Henry Scattergood President E R Dannels Secretary
Principal office 300 Walnut Street Philadelphia
Robt N Hughs Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 00 200000 00
2 Amount paid up in cash 200000 00
10cg146
ComptrollerGenerals Report
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 276533 19
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 462377 12
12 Cash in companys principal office 17243 31
13 Cash belonging to the company deposited
in Fourth Street National Bank 29608 86
Total cash items 46852 17
15 Interest due and accrued on bonds not included in mar
ket value uncollected 3458 89
17 Cash in hands of agents and in course of transmission 117293 84
All other assets both real and personal 6950 96
Total assets of the company actual cash market value 913466 17
IIILiabilities
1 Losses unpaid not due 7103 77
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 47666 00
3 Losses resisted including interest costs
and other expenses thereon 2487 00
4 Total gross amount of claims for losses 57256 77
5 Deduct reinsurance thereon 1747 76
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 40889750 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 18835914
unearned premiums pro rata
204448 75
126240 53
11 Total unearned premiums as computed above carried
out
11 Vj Keclaimable on perpetual policies 90 per cent
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
55509 01
330689 28
141559 43
324 43ComptrollerGenerals Eeport 147
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commissions 2603651 not reclaimable
on perpetual reinsurance 542706 at 10 per cent
54270 total 26579 21
20 Total amount of all liabilities except capital stock
scrip and net surplus 554661 36
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 158804 81
Aggregate amount of all liabilities including capital paid
up and net surplus 913466 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 91275 72
3 Net collected 91275 72
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 788579 23
5Total 879854 95
6 Deduct premiums and bills in course of
collection at this date 118870 59
7 Entire premiums collected during the year 760984 36
8 Deduct reinsurance and return premiums 255735 82
9 Net cash actually received for premiums 505248 54
9 Deposit premiums 7173 77
11 Received for interests and dividends on
stock and bonds collateral loans and
from all other sources 20335 36
12 Income received from all other sources
omitting increase if any in value of
securities 19157 55
15 Aggregate amount of income actually received during the
year in cash 551915 22
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 2274874 losses occurring in
previous years 276822 73
148
CompteollerGenerals Report
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 258473 and all
amounts actually received for reinsur
ance in other companies 1960369
total deductions 22188 42
Net amount paid during the year for losses 254634 31
6 Paid for commissions or brokerage 120244 75
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 36340 98
8 Paid for State National and local taxes in this and
other States 7812 30
9 All other payments and expenditures viz
Adjusting 323014 deposit premiums
returned 3728619 office rent 3
13387 advertising printing and station
ery 779751 postage telephone tele
graph and express 301287 legal ex
penses 28750 furniture and fixtures
98 maps 232050 underwriters asso
ciation 330546 patrols 332806 in
spections and surveys 13190 repairs
to real estate 1125844 taxes on real
estate 292982 licenses and fees 3
16109 miscellaneous expenses 228250
office expenses 71600 total 84279 85
Aggregate amount of actual expenditures during the
year in cash 503312 19
JEFFERSON FIRE INSURANCE COMPANY OF PHILADELPHIA
Sydney E Hutchinson President Charles B Jennings Secretary
Principal Office 425 Walnut Street Philadelphia
Robt N Hughs Atlanta Attorney for Service in Georgia
ICapital
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 65 000 00ComptrollerGenerals Report
149
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 9600 00
3 Interest due on all said bond and mortgage loans 127 85

9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 806381 25
12 Cash in companys principal office 7708 98
13 Cash belonging to the company deposited
in banks Drexel Co 2756838
Brown Brothers Co 2104606 Conn
Exchange National Bank 1865914
Trust Company of North America 13
57781 Oregon Trust Savings Co
2500000
Total cash items
15 Interest due and aecrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on deposits
17 Cash in hands of agents and in course of transmission
Eeclaimable on perpetual insurance on companys build
ing
Total assets of the company actual cash market value 1177113 91
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 99401 13
4 Total gross amount of claims for losses 99401 13
5 Deduct reinsurance thereon 32793 30
113560 37
11652 93
698 61
169492 90
600 00
6 Net amount of unpaid losses 66607 83
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 82994518 un
earned premiums fifty per cent 414972 59
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy unearned
premiums pro rata 243903 89
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 1374297 6871 48 665747 96
Eeclaimable by assured on perpetual fire insurance poli
cies being 9095 of deposit received 65565 36150
ComptrollerGenerals Eeport
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Accrued taxes
13306 37
20 Total amount of all liabilities except capital stock
scrip and net surplus 811 227 52
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 165886 39
Aggregate amount of all liabilities including capital
paid up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
3 Net collected 96 544 67
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1649625 52
1177113 91
96544 67
5 Total 1746170 19
6 Entire premiums and bills in course of
collection at this date 169492 90
7 Entire premiums collected during the year 1576677 29
8 Deduct reinsurance and return premiums 494932 17
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on 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
Gain on sales of assets 224586 earned on perpetuals
cancelled 103269 total
1081745 12
1641 86
27702 23
5515 94
3278 55
15 Aggregate amount of income actually received during the
year in cash
1119883 70
VExpenditures During the Year
Fire
Marine and
Inland
1 Gross amount paid for
losses including 33
62656 losses occurring
in previous years 387866 47 18576 11ComptrollerGenerals Eeport
151
2 Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
337246 and all amounts
actually received for rein
surance in other compa
nies 5993756 total de
ductions
54592 18
8717 84
Net amount paid during the year for losses 343132 56
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20000 00
6 Paid for commissions or brokerage 368835 56
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 24863 88
8 Paid for State National and local taxes in this and
other States 25937 18
9 All other payments and expenditures viz Stationery
and supplies 1357776 maps etc 429709 loeal
boards and surveys 333427 rent postage express
and telegraph and miscellaneous 1103328 total 37242 40
Loss on sale of assets real estate 8097 58
Aggregate amount of actual expenditures during the
year in cash 823109 16
Business in the State of Georgia During the Year
Fire risks written 1400238 00
Premiums received gross 31177 04
Losses paid 7832 26
Losses incurred 9327 71
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
OP 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
2 Amount of leder assets as per balance
December 31 of previous year 12339527 05
4 Extended at 12339527 05152 ComptrollerGenerals Report
IIIncome
5 Gross premiums written or renewed dur
ing the year 13315102 29
6 Deduct reinsurance rebate abatement
and return premiums 5293654 90
7 Total premiums other than perpetual 8 021 447 39
8 Deposit premiums written on perpetual risks gross 457 12
9 Gross interest on mortgage loans 137610 40
11 Gross interest on bonds and dividends on
stocks 166905 00
12 Gross interest on deposits 24361 78
13 Gross interest from all other sources 150 00
14 Gross rents from companys property
including 37150 for companys occu
I pancy of its own buildings 88058 38
15 Total gross interets and rents 417 085 56
19 Premiums on life pojicies in force 734 93
20 Received from head office 533 491 50
28 Total income 8978216 55
IIIDisbursements
1 Gross amount paid policyholders for losses
including 94019300 occurring in pre
vious years 5694206 00
2 Deduct amount received for salvage 62
93809 and for reinsurance in other com
panies 184903840 1911976 49
3 Net amount paid policyholders for losses 3 782 229 51
5 Deposit premiums returned 9 955 g4
9 Commissions or brokerage j 430 329 3
12 Salaries fees and all other charges of officers directors
trustees and home office employees 44 492 06
13 Rents including 37150 for companys occupancy of its
own buildings 63271 71
14 Advertising 4149248 printing and stationery 44
83357 86326 05
15 Postage telegrams telephone and express 42 705 27
16 Legal expenses fiP
17 Furniture and fixtures 737r KB
19 Underwriters boards and tariff associations 91 614 24
20 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses g k jo
21 Inspections and surveys 88V4 0ComptrollerGenerals Report
153
23 Taxes on real estate 30601 42
24 State taxes on premiums 184406 19
25 Insurance department licenses and fees 15560 05
26 Traveling Expenses 79554 72
Office expenses 61980 60
Various items of disbursement in suspense account 9738 26
28 Gross decrease in book value of ledger assets viz Bonds 10747 72
30 Life expenditure claims under life policies 11588 34
31 Remitted to home office 1825854 79
40 Total disbursements 8284701 38
IVLedger Assets
1 Book value of real estate all unincum
bered 1848416 87
2 Mortgage loans on real estate all first
liens 3381450 00
4 Book value of bonds excluding interest
399940090 and stocks 102462394 5024024 84
5 Cash in companys office 12138 16
6 Deposited in trust companies and banks
not on interest 428276 75
7 Deposited in trust companies and banks
on interest 700000 00
8 Agents balances representing business
written subsequent to pctober 1 1907 1586771 00
9 Agents balances representing business
written prior to October 1 1907 51964 60
16 Total ledger assets 13033042 22
NonLedger Assets
17 Interest due 198000 and accrued 40
98903 on mortgagesi
18 Interest accrued on bonds i
20 Interest accrued on other assets
21 Rents due 10691 and accrued 10
00000 on companys property or lease
22 Total
23 Market value of real estate over book value
25 Other nonledger assets viz Premiums due on perpet
ual policies
42969 03
40095 25
188 90
10106 91
93360 09
7920 41
278 66
28 Gross assets 13134601 38
Deduct Assets Not Admitted
32 Agents balances representing business
Written prior to October 1 1907 51964 60154 ComptrollerGenerals Eeport
35 Book value of ledger assets over market
value 522424 84
38 Total 574389 44
39 Total admitted assets 12560211 94
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 1638484 60
3 Gross claims for losses resisted 59934 00
4 Total 1698418 60
5 Deduct reinsurance due or accrued 947754 77
6 Net amount of unpaid losses and claims 750663 83
7 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 5682
95792 unearned premiums fifty per
cent 2841478 96
8 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 747838016 un
earned premiums pro rata 4053697 90
12 Total unearned premiums as computed above 6895176 86
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium
or deposit received 212 644 28
14 Net premium reserve and all other liabilities except cap
ital under the life insurance or any other special de
partment 24708 26
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 20 000 00
22 Return premiums 7439853 reinsurance premiums
16080471 235203 24
27 Total amount of all liabilities except capital 8 138 396 47
30 Surplus as regards policyholders 4 421 315 47
31 Total liabilities 12560211 94ComptrollerGenerals Report 155
Business in the State of Georgia During the Year
Fire risks written 19415952 00
Gross premiums received 267981 47
Losses paid 132954 26
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 Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
Dec 31 of previous year 686336 96
4 Extended at 686336 96
IIIncome
5 Gross premiums 436633 32
6 Deduct reinsurance rebate abatement and
return premiums 228053 23
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits
13 Gross interest from all other sources
20146 09
2083 19
119 74
3 Net amount paid policyholders for losses
6 Paid stockholders for interest or dividends amount de
clared during the year
9 Commissions or brokerage
208580 09
15 Total gross interest and rents 22349 02
28 Total income 230929 11
IIIDisbursements
1 Gross amount paid policyholders for losses
including 2580245 occurring in pre
vious years 159305 20
2 Deduct amount received for salvage 7
80150 and for reinsurance in other com
panies 4499020 52791 70
106513 50
9986 66
30262 19156
ComptrollerGenerals Report
12 Salaries fees and all other charges of officers directors
trustees and home office employees
14 Advertising 84488 printing and stationery 139653
15 Postage telegrams telephone and express
16 Legal expenses
19 Underwriters boards and tariff associations
20 Eire department fire patrol and salvage corps assess
ments fees taxes and expenses
21 Inspections and surveys
24 State taxes on premiums
25 Insurance department licenses and fees
26 All other licenses fees and taxes Office and traveling
expenses
27 Gross loss on sale or maturity of ledger assets viz
Bonds
40 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest 31072066 and
stocks 21470747
6 Deposited in trust companies and banks not on interest
7 Deposited in trust companies and banks on interest
8 Agents balances representing business written subse
quent to October 1 1907
16 Total ledger assets
NonLedger Assets
17 Interest due and accrued on mortgages
18 Interest due and accrued on bonds
22 Total
28 Gross assets
Deduct Assets Not Admitted
35 Book value of ledger assets over market value viz
39 Total admitted assets
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 45200 00
5 Deduct reinsurance due or accrued 17763 00
5181 25
2241 41
1139 76
275 77
161723
204 58
1576 52
8419 53
923 66
664 85
706 47
169713 32
50000 80
525428 13
11674 66
65000 00
95449 96
747552 75
1145 80
2862 50
4008 30
751561 05
97896 88
653664 17
6 Xct amount of unpaid losses and claims 27437 00ComptrollerGenerals Eeport
157
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks running one year or less from date
of policy including interest premiums
on perpetual fire risks 20163458 un
earned premiums fifty per cent 100817 28
8 Gross premiums less einsurance receiv
ed and receivable upon all unexpired fire
risks running more than one year from
date of policy 15964495 unearned
premiums pro rata 87130 60
12 Total unearned premiums as computed above 187947 88
19 Salaries rents expenses taxes bills accounts fees etc
due and accrued 7500 00
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 4000 00
22 Return premiums 588110 reinsurance premiums 9
41486 15295 96
27 Total amount of all liabilities except capital 242180 84
28 Capital actually paid up in cash 200000 00
29 Surplus over all liabilities 211483 33
30 Surplus as regards policyholders 411483 33
31 Total liabilities 653664 17
Business in the State of Georgia During the Year
21 Risks written 1637410 00
22 Gross premiums received 23652 22
23 Losses paid excluding reinsurance 10770 60
24 Losses incurred excluding reinsurance 7599 45
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
Charles L Case United States Manager
Principal Office in United States 84 William Street New York City
W F Manry Atlanta Attorney for Service in Georgia
ICapital
Whole amount of capital deposit 625000 00
IIAssets
9 Total par and market value of stocks and boDds owned
absolutely by the company carried out at market
value 2226019 38158
ComptrollerGenerals Report
12 Cash in companys principal office
13 Cash belonging to the company deposited
in banks Bank of New York New
York 29651731 Commercial Exchange
Bank Chicago 1534510 Wells Fargo
Nevada National Bank San Francisco
856311 First National Bank New
York 1089287
2273 82
Total cash items 333592 21
15 Interest due and accrued on bonds not included in mar
ket value uncollected 29604 58
17 Cash in hands of agents and in course of transmission 405826 91
Due from other companies for reinsurance on losses al
ready paid 1954 67
Total assets of the company actual cash market value 2996997 75
IIILiabilities
1 Losses due and unpaid 8 00
Losses not yet due 12588 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 229610 00
3 Losses resisted including interest costs
and other expenses thereon 61667 00
4 Total gross amount of claims for losses 303873 00
5 Deduct reinsurance thereon 104021 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 128342740 un
earned premiums fifty per cent 641713 70
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 183914918
unearned premiums pro rata 1019195 85
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 7662534
unearned fifty per cent 38312 07

199852 00ComptrollerGeneral s Report
159
10
11
17
19
20
23
24
Gross premiums without any deduction
received and receivable on all unexpired
marine risks 7966985 unearned 63
50213 73
Total unearned premiums as computed above carried
out 1749435 95
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 30850 75
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 4932 reinsurance
premiums 5075363 total 50802 95
Total amount ot all liabilities except capital stock
scrip and net surplus 2030941 65
Surplus beyond capital and all other liabilities 966056 10
Aggregate amount of all liabilities including capital paid
up and net surplus 2996997 75
IVIncome During the Year
Fire
Marine and
Inland
Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement
Net collected
Gross premiums on risks
written and renewed dur
ing the year as shown in
risk and premium exhibit 2575950 45 1038104 91
374875 06 105624 79
374875 06 105624 79
Total 2950825 51 1143729 70
Deduct premiums and bills
in course of collection at
this date 363927 75 134048 21
Entire premiums collected
during the year 2586897 76 1009681 49
Deduct reinsurance and re
turn premiums 668309 69 569069 52
Net cash actually received
for premiums carried
out 1918588 07 440611 97
Total 2359200 04160
ComptrollerGenerals Report
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 93908 69
12 Income received from all other sources omitting increase
if any in value of securities viz Bonds redeemed 352500 00
14 American branches of foreign companies will please re
port amount of remittances from home office during
the year 23371 61
15 Aggregate amount of income actually received during the
year in cash 2828980 34
VExpenditures During the Year
Fire
Marine and
Inland
1 Gross amount actually paid
for losses including
27862305 losses occur
ring in previous years
2 Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
4873813 and all amounts
actually received for rein
surance in other compa
nies 38990967 total
deductions
875068 27 664440 41
114664 14
323983 66
Net amount paid during
the year for losses 760404 13 340456 75
Total 1100860 88
Expenses of adjustments and settlements of losses 26744 75
Traveling 27067 20
6 Paid for commissions or brokerage 462499 94
7 Paid for salaries fees and other charges of offieers
clerks agents and all other employees 163070 05
8 Paid for State National and local taxes in this and
other States 67760 43
9 All other payments and expenditures viz Advertising
560876 stationery 1372516 rents 2139336 ex
press telegrams and postage 1658088 legal expenses
67437 furniture 659883 maps 623663 under
writers boards 2551955 inspections and surveys 8
02098 miscellaneous 1084043 total 115198 95
Bonds and stocks purchased 560 053 47
ComptrollebGeneeals Repobt
10 American branches of foreign companies will please re
port amount sent to home office during the year
161
445104 28
Aggregate amount of actual expenditures during the
year in cash 2968359 95
Business in the State of Georgia During the Year
Fire Marine Inland Aggregate
Fire marine and inland risks
written 999999 00 164338 00 1164337 00
Premiums received gross 17042 99 575 56 17618 55
Losses paid 10650 43 10650 43
Losses incurred 5669 43 5669 43
LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
Archibald G Mcllwaine Jr United States Manager
Principal Office in United States 57 and 59 William Street New York
Frederick W Cole Atlanta Attorney for Service in Georgia
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 350000 00
9 Total part and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2057829 92
12 Cash in companys principal office 10722 85
13 Cash belonging to the company deposited
in bank 341605 14
Cash in hands of U S Trustee 49987 47
Total cash items 402315 46
15 Interest due and accrued on stocks not included in mar
ket value uncollected 32308 24
16 Interest due and accrued on other assets 193042
17 Cash in hands of agents and in course of transmission 386092 44
18 Bill receivable not matured taken for fire marine and
inland risks Total 348322 less past due 142572 2057 50
All other assets both real and personal viz Rents
due and accrued 32726 due from other companies
for reinsurance on losses already paid 1257677 bal
ances due from other companies 1078793 total 23691 96
Total assets of the company actual cash market value 3256225 94
Premiums over three months due 5139 08
11cg162
COMPTROLLERGrENERAls REPORT
IIILiabilities
1 Losses due and unpaid 23785 losses not
due 6400 total 30185 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 160109 05
3 Losses resisted including interest costs
and other expenses thereon 43712 00
4 Total gross amount of claims for losses 234006 05
5 Deduct reinsurance thereon 55820 26
6 Net amount of unpaid losses 178185 79
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 149415778 un
earned premiums fifty per cent 747078 89
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 256245018
unearned premiums pro rata 1385566 57
11 Total unearned premiums as computed above carried
out 2132645 46
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
18 Taxes due and accrued
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Unpaid return premiums 126104 un
paid reinsurance premiums 2130335 total 2256439
less commissions 522669
Due Orient Insurance Co of Hartford Conn since
paid
1953 90
38406 41
17337 70
28661 87
20 Total amount of all liabilities except capital stock
scrip and net surplus 2397191 13
23 Surplus beyond capital and all other liabilities 859034 81
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3256225 94
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 484687 39ComptrollerGenerals Report
163
3 Net collected 484687 39
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3365813 45
5 Total 3850500 84
6 Deduct premiums and bills in course of
collection at this date 496252 40
7 Entire premiums collected during the year 3354248 44
8 Deduct reinsurance and return premiums 106923853
9 Net cash actually received for premiums carried out 2285009 91
11 Received for interests anddividends on stock and bonds
collateral loans and from all other sources 97655 40
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 13962 85
14 American branches of foreign companies will please re
port amount of remittances from home office during
the year 25352 57
15 Aggregate amount of income actually received during the
year in cash 2396628 16
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 15255866 losses occurring in
previous years 1543372 15
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1472850 and all
amounts actually received for reinsur
ance in other companies 74698518
total deductions 761713 68
Net amount paid during the year for losses 781658 47
6 Paid for commissions or brokerage 404098 00
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 168056 20
8 Paid for State National and local taxes in this and
other States 87365 54
9 All other payments and expenditures viz Rents 19
86899 advertising printing and stationery 2177201
postage and telegrams 1835114 surveys and inspec
tions 1236145 boards and associations 3177878
traveling 3317751 miscellaneous 2546224 total 162772 12
Real estate expenses and taxes including 2292817 ex
traordinary alterations and repairs 37584 90164 ComptrollerGenerals Report
10 American branches of foreign companies will please re
port amount sent to home offices during the year 679828 85
Aggregate amount of actual expenditures during the
year in cash 1641535 23
business in the State of Georgia During the Year
Fire risks written 5565389 00
Premiums received gross 58938 72
Losses paid 55711 72
Losses incurred 50562 72
LUMBER INSURANCE COMPANY OF NEW YORK
G A Mitchell President R A McKelvey Secretary
Principal Office 84 William Street New York
P B Marsh Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 00 200000 00
2 Amount paid up in cash 200000 00
IIAssets
9 Total part and market value of stocks and bonds owned
absolutely by the company carried out at market
value 332150 00
13 Cash belonging to the company deposited in banks Sea
board National New York 967086 Marine National
Buffalo 7207026 Manufacturers Graders Buffalo
2028563 total cash items 102126 75
15 Interest due and accrued on bonds not included in mar
ket value uncollected 3958 33
17 Cash in hands of agents and in course of transmission 55384 29
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 332 99
Miscellaneous 161802 36
Total asset of the company actual cash market value 493952 36
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 7757 45
3 Losses resisted including interest costs
and other expenses thereon 3345 10
4 Total gross amount of claims for losses 11102 55CoMPTROLLERGrENERAls REPORT
165
5 Deduct reinsurance thereon
2554 86
6 Net amount of unpaid losses
Unearned premiums fifty per cent 128390 31
Unearned premiums pro rata 7324 04
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commission 1682076 reinsurance
25093 total
20 Total amount of all liabilities except capital stock scrip
and net surplusi
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 35968 05
3 Net collected 35968 05
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 464 738 72
5 Total 500706 77
6 Deduct premiums and bills in course of
collection at this date 55384 29
7 Entire premiums collected during the year 445322 48
8 Deduct reinsurance and return premiums 189475 42
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 Discounts on losses
paid 69488 Shawnee Fire Insurance Company for loss
reinsurance Lumber Insurance Company on loss which
was paid by Lumber Insurance Co 1906 49692
1547 69
135714 35
17071 69
161333 73
200000 00
132618 63
493952 36
255847 0G
255847 06
13057 48
1191 75
Aggregate amount of income actually received during the
year in cash 270096 29166 ComptrollerGenerals Eepobt
VExpenditures During the Year
1 Gross amount actually paid for losses including 13
37142 losses occurring in previous
years 164181 86
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 49684 and all
amounts actually received for reinsur
ance in other companies 49072 80
total deductions 49569 64
Net amount paid during the year for losses 114612 22
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20000 00
6 Paid for commissions or brokerage 13923 19
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 6491 00
8 Paid for State National and local taxes in this and
other States 5839 97
9 All other payments and expenditures viz Adjusting
charges 95003 commission paid to general agency
5212433 legal expense 263517 furniture 45521
auditing 750 fidelity bonds 13220 moving 10228
administration 74017 total 57889 39
Savannah bonds 10162 50
Aggregate amount of actual expenditures during the
year in cash 228 918 27
Business in the State of Georgia During the Year
Fire risks written 119510 00
Premiums received gross 3448 59
Losses paid 71
Losses incurred 71
LUMBER MUTUAL INSURANCE CO OF BOSTON MASS
George W Gale President Harry E Stone Secretary
Principal Office 141 Milk Street Boston Mass
Wm A Wright Insurance Commissioner Attorney for Service in Georgia
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 230165 75
12 Cash in companys principal office 147 36
13 Cash belonging to the company deposited
in banks 98626 46
Total cash items 77382ComptrollerGenerals Report
167
15 Interest due and accrued on bonds not included in mar
ket value uneollected
16 Agents balances representing business written subse
quent to October 1 1907
17 Office premiums in course of collection written subse
quent to October 1 1907
4 Total gross amount of claims for 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 24614943 unearned
premiums fifty per cent
123074 72
11 Total unearned premiums as computed
above carried out
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 120388 for contingent
commissions estimated 144655
20 Total amount of all liabilities except net surplus
23 Surplus beyond all other liabilities
24 Aggregate amount of all liabilities including net surplus
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 20568 46
3 Net collected 20568 46
4 Gross premiums on risks written and re
newed during the year 283318 47
2494 09
11085 69
15264 87
Total assets of the company actual cash market value 357784 22
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 583 25
3 Losses resisted including interest costs
and other expenses thereon 2500 00
3083 25
123074 72
384 29
2650 43
129192 69
228591 53
357784 22
5 Total
303886 93168
ComptrollerGenerals Report
6
Deduct premiums and bills in course of
collection at this date 26350 56
Entire premiums collected during the year 277536 37
Deduct rebate 31343 and return prem
iums 3015659 30470 02
9
10
11
12
15
Net cash actually received for premiums carried out
Received for interest on bonds 916620 and mortgages
2000
Received for interest on deposits in trust companies and
banks
Overdue premium 179 discount on bill 124 discount
on losses 52173
Income received from all other sources omitting increase
if any in value of securities viz From Edward J
Johnson for rent services etc
Old accounts previously charged off 32204 adjusting
and inspection 59500
Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
Gross amount actually paid for losses in
eluding 553887 losses oeurring in pre
vious years
247066 35
9186 20
3925 9
524 76
2696 25
917 04
264316 51
79100 86
Net amount paid during the year for losses 79100 86
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 80854 77
Expenses of adjustment and settlement of losses 705 07
Legal expenses 909 95
Inspections and surveys 2084 81
Paid for salaries fees and other charges of officers
clerks agents and all other employees 19703 26
Rent 1500 00
Paid for State National and local taxes in this and other
States 3950 97
Advertising printing and stationery 190990 postage
telephone and telegraph expenses 217337 4083 27
All other payments and expenditures viz Furniture and
fixtures 31142 office expenses 174017 inspections
1262247 14674 00
Interest accrued on notes and bonds purchased 511 66
Aggregate amount of actual expenditures during the
year in cash 208078 68ComptrollerGenerals Report 169
Business in the State of Georgia During the Year
Fire risks written 203458 33
Premiums received gross q 334 29
Losses paid 3f802 22
Losses incurred 3 802 22
MERCANTILE MUTUAL FIRE INSURANCE CO OF RHODE ISLAND
Henry T Grant President Alfred U Eddy Secretary
Principal Office 10 Weybosser Street Providence R I
Wm A Wright Insurance Commissioner Attorney for Service in Georgia
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 196450 00
10 Amount loaned on stocks and bonds and all other securi
ties except mortgages 3000 00
13 Cash belonging to the company deposited in bank Indus
trial Trust Co 15j603 41
15 Interest due and accrued on stocks not included in mar
ket value uneollected 2 644 00
16 Interest due and accrued on collateral loans and uneol
lected 75 00
17 Cash in hands of agents and in course of transmission 14197 78
Total assets of the company actual cash market value 231970 19
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 11842
6 Net amount of unpaid losses Hg 42
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 24543480 un
earned premiums fifty per cent 122717 40
11 Total unearned premiums as computed above carried
ont 122717 40
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Taxes due April 1 1908 4908 68
20 Total amount of all liabilities except Capital Stock scrip
and net surplus 127744 50170 ComptrollerGenerals Report
23 Surplus beyond capital and all other liabilities 104225 60
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
231970 19
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement1
4470 96
3 Net collected 4470 96
4 Gross premiums and risks written and re
newed during the year 268327 42
5 Total 272798 38
6 Deduct premiums and bills in course of
collection at this date 14197 78
7 Entire premiums collected during the
year 258600 60
8 Deduct reinsurance and return premiums 16893 70
9 Net cash actually received for premiums carried out
11 Eeceived for interests and dividends on stocks and bonds
collateral loans and from all other sources
241706 90
10181 58
15 Aggregate amount of income actually received during
the year in cash 251888 48
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 840457 losses occurring in
previous years 44497 98
3 Net amount paid during the year for losses
4 Cash Dividends actually paid stockholders amount of
stockholders dividends declared during the year
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State National and local taxes in this and other
States
9 All other payments and expenditures viz Rent travel
inspection office and incidental
44497 98
185131 14
15320 00
4733 79
8557 06
Aggregate amount of actual expenditures during the
year in cash 258239 97ComptrollerGenerals Keport
171
Business in the State of Georgia During the Year
Fire risks written 1445570 00
Premiums received gross 10462 00
Losses paid 172 24
Losses incurred 172 24
MICHIGAN COMMERCIAL FIRE INSURANCE COMPANY OF
LANSING MICHIGAN
Frank A Hooker President A D Baker Secretary
Principal Office 118 West Ottawa St Lansing Michigan
Rhodes Browne Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash 300000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 13100 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 423532 65
3 Interest due on all said bond and mortgage loans 36432
interest accrued thereon 536589 5730 21
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 323375 00
5 Value of buildings mortgaged insured
for 49983692 as collateral 804990 00
6 Total value of said mortgaged premises
carried inside 1128365 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 308070 43
11 Total par and market value and amount loaned thereon 7470 00
12 Cash in companys principal office 4850 00
13 Cash belonging to the company deposited
in bank viz City National Bank Lan
sing Mich total 92426 10
Total cash items 97276 JO
Interest accrued on bank deposits 133 37
15 Interest due and accrued on bonds not included in mar
ket value uneollected 4993 06172
ComptrollerGenerals Report
16 Interest due and accrued on collateral loans and un
collected 184 05
Agents balances representing business written subsequent
to October 1 1907 181327 37
Agents balances representing business written prior to
October 1 1907 912 21
Deduct assets not admitted 1042729 45
Agents balances representing business written prior to
October 1 1907 912 21
Total admitted assets 1041817 24
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 92600 46
3 Losses resisted including interest costs
and other expenses thereon 5500 00
4 Total gross amount of claims for losses 98100 46
5 Deduct reinsurance thereon 26052 59
6 Net amount of unpaid losses 72047 87
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 58088865 un
earned premiums fifty per cent 290444 33
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 41238345
unearned premiums pro rata 262590 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
30875 154 38
Excess of original premiums over amount
received for reinsurance 231968 un
earned premiums pro rata 1278 59
11 Total unearned premiums as computed above carried out 554463 05
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions due 4908 44
20 Total amount of all liabilities except capital stock scrip
and net surplus 631424 36ComptrollerGenerals Report
173
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
300000 00
110392 88
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
Fire
1 Gross premiums and bills in
course of collection at
close of last previous
year as shown by that
years statement 136894 77
3 Net collected 136894 77
4 Gross premiums on risks
written and renewed dur
ing the year 1534432 02
Marine and
Inland
32698 58
5 Total 1671317 79 32698 58
6 Deduct premiums and bills
in course of collection at
this date 180334 72 1904 86
7 Entire premiums collected
during the year 1490983 07 30793 72
8 Deduct reinsurance and re
turn premiums 690104 32 28089 31
9 Net cash actually received
for premiums 800878 75 2704 41
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
Premiums on bonds sold
Profit from purchase of bonds below par
15 Aggregate amount of income actually received during the
year in cash
803583 16
14709 72
17472 82
1575 00
148 40
837489 10174
ComptrollerGenerals Report
VExpenditures During the Year
1 Gross amount actually paid
for losses including 63
85514 losses occurring in
previous years
2 Deduct all amounts act
ually received for sal
vages whether on losses
of the last or of previous
year 201773 and all
amounts actually received
for reinsurance in other
companies 14631532
total deductions
Fire
Marine and
Inland
477869 98 13164 23
136867 06
11645 99
Net amount paid during
the year for losses 342002 92 1698 24 34270116
6 Paid for commissions or brokerage 183845 39
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 38593 06
8 Paid for State national and local taxes in this and other
States 27548 02
9 All other payments and expenditures viz Adjustment
expenses 573182 traveling expenses 2490242
rents 90000 advertising 301812 printing and sta
tionery 1203422 postage telegrams and express
879037 insurance deposit fees 531512 furniture
and fixtures 349325 maps and inspections 717921
miscellaneous expenses 1225311 83617 64
Premiums on bonds and mortgages purchased 2222 80
Aggregate amount of actual expenditures during the year
in cash 678528 97
Business in the State of Georgia During the Year
Fire risks written 850622 00
Premiums received gross 13177 38
Losses paid 3404 22
Losses incurred 4603 22ComptrollerGeneral s Report
175

MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF
MILWAUKEE WIS
William L Jones President Oscar Griebling Secretary
Principal Office 442 and 444 City Hall Square Milwaukee Wis
E E Paschall Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 500000 01
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon 105000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1137744 21
3 Interest due on all said bond and mortgage loans 2
56637 interest accrued thereon 1667616 19242 53
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1524152 00
5 Value of buildings mortgaged insured
for 101184100 as collateral 1362300 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1135728 50
11 Total amount loaned on stocks and bonds and all other se
curities except mortgages 35000 00
12 Cash in companys principal office 13925 20
13 Cash belonging to the company deposited
in bank First National Bank of
Milwaukee 112247 04
Total cash items 126172 24
15 Interest due and accrued on stocks and bonds not included
in market value uncollected 10258 75
17 Cash in hands of agents and in course of transmission 207885 28
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 1243 97
Deposit Milwaukee Board of Fire Underwriters 100 00
Deduct ledger liabilities viz Due reinsurance companies
925207 reserve retained for reinsurance company
10904700 reserve for other claims 636279
2778375 48
124661 86
Total assets of the company actual cash market value 2653713 62176
ComptrollebGeneeals Report
IIILiabilities
1 Losses not yet due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
37059 25
62119 95
6089 40
105268 60
25218 96
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 82443061 un
earned premiums fifty per cent 412215 31
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 203179630
unearned premiums pro rata 1079484 69
80049 64
11 Total unearned premiums as computed above carried out
Reserve for taxes
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
1491700 00
30000 00
1601749 64
500000 00
551963 98
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 267842 38
3 Net collected 267842 38
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 2018286 07
2653713 62
5 Total 2286128 45
6 Deduct premiums and bills in course of
collection at this date 277180 37ComptrollerGenerals Report
177
7 Entire premiums collected daring the
year 2008948 08
8 Deduct reinsurance and return premiums 571696 93
9 Net cash actually received for premiums carried out 1437251 15
10 Received for interest on bonds and mortgages 50866 84
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 57961 26
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 411000
profit on sale of 4110 00
Ledger assets 901 85
15 Aggregate amount of income actually received during
the year in cash 1551091 10
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 8009194 losses occurring in pre
vious years 716650 86
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 265953 and all
amounts actually received for reinsur
ance in other companies 12318842
total deductions 125847 95
Net amount paid during the year for losses 590802 91
4 Cash dividends actually paid stockhold
ers amount of stockholders dividends
declared during the year 65000 00
6 Paid for commissions or brokerage 376345 40
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 100465 49
8 Paid for State national and local taxes in this and other
States 71131 97
9 All other payments and expenditures viz
Adjusting and traveling 4315144 rents 504000 ad
vertising printing and stationery 1532734 63518 78
Postage telegraph telephone and express 1411239 re
pairs on real estate 1013317 loss on agents accounts
748885 exchange 239750 34131 41
Interest paid Munich reinsurance company in reserve
fund 582753 miscellaneous 1883581 decrease
value of ledger assets 8340505 108068 39
Aggregate amount of actual expenditures during the year
in cash 1409464 35
12eg178 ComptrollerGenerals Beport
Business in the State of Georgia During the Year
Fire risks written 901624 00
Premiums received gross 14548 75
Losses paid 10895 83
Losses incurred 9870 08
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
James Nichols President B R Stillman Secretary
Principal Office 95 Pearl Street Hartford Conn
W R Kimbell Attorney for Service in Georgia
1Capital
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 462189 07
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 658092 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 595100 00
5 Value of buildings mortgaged insured
for 76866300 as collateral 1279900 00
6 Total value of said mortgaged premises
carried inside 1875000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 5459041 00
12 Cash in companys principal office 951 23
13 Cash belonging to the company deposited
in bank Charter Oak National Bank
22597107 State Bank 1407570
Aetna National Bank 159786 241644 63
Total cash items 242595 36
17 Cash in hands of agents and in course of transmission 632047 35
Total assets of the company actual cash market value 7453965 28ComptrollerGenerals Report
179
IIILiabilities
1 Losses not due and unpaid 247595 97
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 456477 88
3 Losses resisted including interest costs
and other expenses thereon 30775 00
4 Total gross amount of claims for losses 734848 85
5 Deduct reinsurance thereon 257646 51
11
6 Net amount of unpaid losses 477202 34
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 389506292 un
earned premiums fifty per cent 1947531 46
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 482775135
unearned premiums pro rata 2525570 72
Total unearned premiums as computed above carried out 4473102 18
20 Total amount of all liabilities except capital stock scrip
and net surplus 4950304 52
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1503660 76
24 Aggregate amount of all liabilities including capital
paid up and net surplus 7453965 28
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 9059417 72
8 Deduct reinsurance and return premiums 3195922 45
9 Net cash actually received for premiums carried out 5863495 27
10 Received for interest on bonds and mortgagegs 34333 71
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 206784 62
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1404971
profit on sale of securities and agents balances 82741 14877 12
15 Aggregate amount of income actually received during the
year in cash 6119490 72180
ComptrollerGenerals Report
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 40305185 losses occurring in
previous years 3489884 70
2 Deduct all amounts actually received
for salvages whether on losses of the
last or of previous year 1733218 and
all amounts actually received for reinsur
ance in other companies 102110069
total deductions 1038432 87
Net amount paid during the year for losses 2451451 83
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 110000 00
6 Paid for commissions or brokerage1062391 13
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 449048 05
8 Paid for State national and local taxes in this and
other States 185269 54
9 All other payments and expenditures viz Borrowed
money 45000000 interest on borrowed money 9
21320 advertising 1825025 printing stationery
2860282 other expenses 42006318 profit and
and loss 1267578 93889523
Aggregate amount of actual expenditures during the
year in cash 5197055 78
Business in the State of Georgia During the Year
Fire risks written 4106988 00
Premiums received gross 46162 55
Losses paid 22387 07
Losses incurred 15568 29
NATIONAL UNION FIRE INSURANCE CO OF PTTTSBURG PA
E E Cole President B D Cole Secretary
Principal Office 401 Wood Street Pittsburg Pa
F C Robinson Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of caital stock 1000000 00
2 Amount paid up in cash 750000 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 309297 00ComptrollerGenerals Eeport
181
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 606980 00
5 Value of buildings mortgaged 296160 00
6 Total value of said mortgaged premises
carried inside 903140 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
10 Amount loaned on stocks and bonds and all other securi
ties except mortgages
12 Cash in companys principal offices 12291 64
13 Cash belonging to the company deposited
in bank Mellon National Bank of
Pittsburg Pa 6849808 Second Na
tional Bank of Pittsburg Pa 29065
92 Colonial Trust and Savings Bank
Chicago 111 1016925 Wilkensburg
Real Estate and Trust Co Wilkensburg
Pa 1053971 UnionNational Bank
Pittsburg Pa 519217 Metropolitan
State Bank Minneapolis Minn 3065
18 Wells Fargo Nevada National Bank
San Francisco Cal 725177 total 133782 08
5711 44
1687635 00
30000 00
Total cash items 146073 72
15 Interest due and accrued on bonds not included in mar
ket value uncollected 12109 68
16 Interest due and accrued on collateral loans and uncol
lected 187 92
17 Cash in hands of agents and in course of transmission 308368 23
18 Bills receivable not matured taken for fire risks 6918 99
Total assets of the company actual cash market value 2506301 98
IIILiabilities
1 Losses not due and unpaid 11658 27
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 113933 65
3 Losses resisted including interest costs
and other expenses thereon 19437 50
i
4 Total gross amount of claims for losses 145029 42
5 Deduct reinsurance thereon 35780 66
6 Net amount of unpaid losses 109248 76182
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 98751665 un
earned premiums fifty per cent 493758 32
8 Gross premiums without and deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 137777267
unearned premiums pro rata 779164 62
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 Reinsurance premiums unpaid
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 4920 47
33190 46
1415362 16
750000 00
340939 82
2506301 98
3 Net collected 4920 47
4 Gross premiums on risks written and re
newed during the year 2456300 17
5 Total 2461220 64
6 Deduct premiums and bills in course of
collection at this date 7214 48
7 Entire premiums collected during the year 2454006 16
8 Deduct reinsurance and return premiums 917353 45
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during the
year in cash
1536652 71
18124 12
82357 94
1637134 77ComptrollerGeneral s Report
183
869315 83
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 12402338 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 315837 and all
amounts actually received for reinsur
ance in other companies 21602753
total deductions
219186 34
3 Net amount paid during the year for losses 650129 49
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 30000 00
6 Paid for commissions or brokerage 319829 71
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 60583 64
8 Paid for State National and local taxes in this and other
States 46260 32
9 All other payments and expenditures viz insurance
maps furniture and fixtures rents printing stationery
advertising traveling expenses home office general ex
penses etc 188849 92
Aggregate amount of actual expenditures during the
year in cash 1295653 08
Business in the State of Georgia During the Year
Fire risks written 2728697 00
Premiums received gross 28258 40
Losses paid 10017 11
Losses incurred 9983 29
NEW BRUNSWICK FIRE INSURANCE COMPANY OF NEW
BRUNSWICK NEW JERSEY
George A Viehmann President Charles D Ross Secretary
Principal Office Corner George and Paterson Sts New Brunswick N J
Robert N Hughs Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
ITAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 78402 95184
ComptrollerGenerals Report
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 93400 00
5 Value of buildings mortgaged insured for
10590000 as collateral 126700 00
0 Total value of said mortgaged premises
carried inside 220100 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 587 78
13 Cash belonging to the company deposited
in banks viz National Bank N J
3121923 N B Trust Co 328988
Peoples National Bank 275643 37265 54
B
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
Deposit Philadelphia Underwriters
Total assets of the company actual cash market value
100314 00
934 00
268010 00
37265 54
1764 00
40 00
46733 31
100 00
534051 58
IIILiabilities
1 Losses due and unpaid 8595 52
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 23527 00
3 Losses resisted including interest costs
and other expenses thereon 3017 03
4 Total gross amount of claims for losses 35138 55
5 Deduct reinsurance thereon 3723 78
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unx
pired fire risks running one year or less
from date of policy 34580814 un
earned premiums fifty per cent 172904 07
31415ComptrollerGenerals Report
185
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 10941361
unearned premiums pro rata
72947 89
245851 96
50 36
277318
256833 49
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in
cash 200000 00
23 Surplus beyond capital and all other liabil
ities 56833 49
24 Aggregate amount of all liabilities including capital paid
up and net surplus 534151 58
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 56024 60
3 Net collected 56024 60
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 544203 14
5 Total 600227 74
6 Deduct premiums and bills in course of
collection at this date 41977 73
7 Entire premiums collected during the year 558250 01
8 Deduct reinsurance and return premiums 176784 78
9 Net cash actually received for premiums carried out 381465 23
10 Received for interest on bonds and mortgages 4717 78
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 11480 07
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 1582209 losses occurring in
previous years 145452 46
397663 08186
ComptrollerGenerals Report
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2114 and all
amounts actually received for reinsur
ance in other companies 644422 total
deductions 6465 36
Net amount paid during the year for losses 138987 10
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 9995 10000 87
6 Paid for commissions or brokerage 104082 95
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 50809 14
8 Paid for State National and local taxes in this and
other States 11341 52
9 All other payments and expenditures 16867 16
Adjustment expenses 6251 00
Aggregate amount of actual expenditures during the
year in cash 338339 74
NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESTER
Frank W Sargeant Pres Frank E Martin Lewis W Crockett Sec s
Principal Office 876 Elm Street Manchester N H
C L Stoney Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 1100000 00
2 Amount paid up in cash 1100000 00
11Assets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 139300 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 261750 00
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 4650 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 264600 00
5 Value of buildings mortgaged insured
for 28565000 as collateral 428450 00
6 Total value of said mortgaged premises
carried inside 693050 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3347153 00
11 Total par and market value and amount loaned thereon 75000 00ComptrollerGenerals Report 187
12 Cash in companys principal office 1166 44
13 Cash belonging to the company deposited
in bank viz Manchester National Bank
5500000 Amoskeag National Bank
3000000 Merchants National Bank
27047371 total 355473 71
Total cash items 356040 15
15 Interest due and accrued on stocks not included in mar
ket value uncollected 29 238 00
16 Interest due and accrued on collateral loans and un
collected 468 00
17 Cash in hands of agents and in course of transmission net 277573 39
18 Reinsurance due on losses paid 8 631 58
Total assets of the company actual cash market value 4500404 12
ILLLiabilities
1 Losses due and unpaid 86354 05
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 150309 00
3 Losses resisted including interest costs
and other expenses thereon 2400 00
4 Total gross amount of claims for losses 239063 05
5 Deduct reinsurance thereon 40069 11
6 Net amount of unpaid losses 198993 94 198993 94
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 131842050 un
earned premiums fifty per cent 659210 25
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 209398019
unearned premiums pro rata 1093627 46
11 Total unearned premiums as computed above carried out 1752837 71
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance and unpaid R P 45594 33
Reserve for contingent liabilities 50000 00
Sinking fund for office building 30000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 2077425 98188
ComptrollerGenerals Report
21 Joint stock capital actually paid up in cash 1100000 00
23 Surplus beyond capital and all other liabilities 1322978 14
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4500404 12
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 277030 08
3 Net collected 277030 08
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 2389815 00
5 Total 2666845 08
6 Deduct premiums and bills in course of
collection at this date 396533 41
7 Entire premiums collected during the year 2270311 67
8 Deduct reinsurance and return premiums 400423 81
9 Net cash actually received for premiums carried out 1869887 36
10 Received for interest on bonds and mortgages 12109 61
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 163452 00
12 Income received from all other sources omitting increase
if any in value of securities 13741 61
13 Received for calls on capital for increase capital 100
00000 total premiums on same 5000000 150000 00
14 Loss and gain account 946 45
15 Agggregate amount of income actually received during
the year in cash 2210137 53
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 21769855 losses occurring in
previous years 1103802 09
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 326766 and all
amounts actually received for reinsur
ance in other companies 15319617 to
tal deductions 157233 83
Net amount paid during the year for losses 946568 30
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100000 00ComptrollerGenerals Report 189
6 Paid for commissions or brokerage 453567 32
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 95450 81
8 Paid for State national and local taxes in this and other
States 64671 45
Total 141858 97
Aggregate amount of actual expenditures during the
year in cash 1802117 41
Business in the State of Georgia During the Year
Fire risks written 2186497 00
Premiums received gross 36 727 58
Losses paid 14619 70
Losses incurred 15710 96
NIAGARA FIRE INSURANCE COMPANY OP NEW YORK
Harold Herrick President Geo W Dewey Secretary
Principal Office 25 Liberty Street New York
Cliff C Hatcher Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 750000 00
2 Amount paid up in cash 750000 00
11Assets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 195000 00
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 367083 3670 S3
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 150000 00
5 Value of buildings mortgaged 153000 00
6 Total value of said mortgaged premises
carried inside 304000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3406962 00
12 Cash in companys principal office 920 19
13 Cash belonging to the company deposited
in bank
Bank of Manhattan Co 179560 34
Metropolitan Trust Co 35000 00190
CompteollebGeneeal s Report
U S Mortgage Trust Co
New York Trust Co
25000 00
40000 00
Total cash items 280480 53
15 Interest due and accrued on stocks and bonds not included
in market value uncollected 18455 75
17 Cash in hands of agents and in course of transmission 530938 99
Total assets of the company actual cash market value 4435508 10
IIILiabilities
1 Losses due and unpaid 5489 09
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 149714 35
3 Losses resisted including interest costs
and other expenses thereon 18800 00
4 Total gross amount of claims for losses 174003 44
5 Deduct reinsurance thereon 14417 72
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 2183556 63
Unearned premiums fifty per cent 1091778 31
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 3944421 94
Unearned premiums pro rata 1540269 66
159585 72
11 Total unearned premiums as computed above 2632047 97
15 Dividends declared and remaining unpaid or uncalled for 65 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commissions 108719 i0
20 Total amount of all liabilities except capital stock scrip
and net surplus 2900417 99
21 Joint stock capital actually paid up in cash 750000 00
23 Surplus beyond capital and all other liabilities 785090 11
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4435508 10ComptrollerGenerais Report
191
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
as shown by that years statement 572582 37
3 Net collected 572582 37
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 4081852 23
5 Total 4654434 60
6 Deduct premiums and bills in course of
collection at this date 549783 27
7 Entire premiums collected during the year 4104651 33
8 Deduct reinsurance and return premiums 894137 65
9 Net cash actually received for premiums carried out 3210513 68
10 Eeceived for interest on bonds and mortgages 10844 23
11 Eeceived for interests and dividends on stock and bonds
collateral loans and from all other sources 167113 82
12 Income received from all other sources omitting increase
if any in value of securities vizUnlisted assets 17900 00
15 Aggregate amount of income actually received during the
year in cash 3406371 73
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 26647494 losses occurring in
previous years 1636838 56
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2182324 and all
amounts actually received for reinsurance
in other companies 19751899 total
deductions 219342 23
Net amount paid during the year for losses 1417496 33
Expenses of adjustment and settlement of losses 35556 82
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 150
00000 149935 00
6 Paid for commissions or brokerage 637369 80
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 255343 XS
8 Paid for State national and local taxes in this and other
States 84295 86192 ComptrollerGenerals Report
9 All other payments and expenditures viz Rents 33
67578 traveling 4053577 stationery and printing
2939629 maps 856667 advertising 869123 local
boards 3801311 fire patrol 696684 office expenses
564848 postage 2775394 incidentals 1110228
furniture 1828135 legal expenses 595477 234586 51
10 Loss on sale of securities 19919 92
Aggregate amount of actual expenditures during the year
in cash 2834503 57
Business in the State of Georgia During the Year
Eire risks written 2727530 00
Premiums received gross 27878 87
Losses paid 14603 98
Losses incurred 11829 64
NORWICH UNION FIRE INSURANCE SOCIETY OF ENGLAND
J Montgomery Hare Resident Manager
Guy Carpenter Attorney for Service in Georgia
Principal Office in U S 56 and 58 Pine St New York N Y
1Capital
Amount of capital paid up
in cash 660000 00
Amount of ledger assets as per balance
December 31 of previous year 3122407 20
Extended at 3122407 20
IIIncome
Gross premiums 2802248 81
Deduct reinsurance rebate abatement
and return premiums 683466 73
9
10
11
12
15
28
Total premiums other than perpetual 2118782 08 2118782 OS
Gross interest on mortgage loans 1800 00
Gross interest on collateral loans 11257 77
Gross interest on bonds and dividends on
stocks 71711 21
Gross interest on deposits 5648 05
Total gross interest and rents 90417 03
Total income 2209199 11CompteollebGeneeals Eeport
193
IIIDisbursements
1 Gross amount paid policyholders for losses
including 23892349 occurring in pre
vious years 1205180 52
2 Deduct amount received for salvage 11
15957 and for reinsurance in other
companies 14071560 151875 17
3
4
9
10
11
12
13
14
15
16
17
18
19
20
21
24
25
26
27
29
Net amount paid policyholders for losses1053305 35
Expenses of adjustment and settlement of losses 104067 01
Commissions or brokerage 407 259 81
Allowance to local agencies for miscellaneous agency ex
penses 432 64
Salaries 4530178 and expenses 2645713 of special
and general agents 71758 91
Salaries fees and all other charges of officers directors
trustees and home office employees 119 388 56
Rents including companys occupancy of its own build
ings 18259 09
Advertising 619921 printing and stationery 16
71671 22915 92
Postage telegrams telephone and express 18600 28
Legal expenses 3550 44
Furniture and fixtures 3325 44
Maps including corrections 5120 36
Underwriters boards and tariff associations 22437 17
Fire department fire patrol and salvage corps assessments
fees taxes and expenses 20169 68
Inspections and surveys 8707 37
State taxes on premiums 31478 87
Insurance department licenses and fees 12945 06
All other licenses fees and taxes viz City and county
licenses 688499 city and county taxes 109011 7975 10
Gross loss on sale or maturity of ledger assets viz Bonds 6034 16
All other disbursements viz Remittance to home office
34843319 miscellaneous 947319 357906 38
40 Total disbursements 2295637 63
41 Balance 3035968 68
IVLedger Assets
2 Mortgage loans on real estate first liens 40000 00
3 Loans secured by pledge of bonds stocks
or other collaterals 400000 00
4 Book value of bonds excluding interest
165107828 and stocks 42277664 2073854 92
5 Cash in companys office 396 67
13eg194 ComptrollerGenerals Report
G Deposited in trust companies and banks
not on interest 6629 05
7 Deposited in trust companies and banks
on interest 253325 50
8 Agents balances representing business
written subsequent to October 1 1907 251773 13
9 Agents balances representing business
written prior to October 1 1907 8667 80
12 Other ledger assets viz Cash in hands of
special agents 1321 61
16 Total ledger assets 3035968 68
NonLedger Assets
17 Interest due and accrued on mortgages 150 00
18 Interest due 40000 and accrued 18
67333 on bonds 19073 33
22 Total 19223 33
25 Other nonledger assets viz Reinsurance due and uncol
lected on losses paid 18867 09
28 Gross assets 3074059 10
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to October 1 1907 866780
35 Book value of ledger assets over market
value 71614 30
38 Total 80282 10
39 Total admitted assets 2993777 00
VLiabilities
1 Gross losses adjusted and unpaid 91688 57
2 Gross claims for losses in process of adjust
ment or in suspense including all re
ported and supposed losses 138360 00
3 Gross claims for losses resisted 522815 41
4 Total 752863 98
5 Deduct reinsurance due or accrued 210995 57
6 Net amount of unpaid losses and claims 541868 41
7 Gross premiums less reinsurance re
ceived and receivable upon all unexComptrollerGenerals Report
195
739638 10
1
pired fire risks running one year or less
from date of policy including interest
premiums on perpetual fire risks 1479
27620 unearned premiums fifty per
cent
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 207562236 unearned
premiums pro rata 1061933 92
Excess of original premiums over amount
received for reinsurance 1687272 un
earned premiums pro rata 8095 77
12 Total unearned premiums as computed above 1809667 79
19 Salaries rents expenses bills accounts fees etc due or
accrued 5474 87
20 State county and municipal taxes due or accrued 26 943 26
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 5 227 82
22 Eeturn premiums 211673 reinsurance premiums 7
22969 9346 42
27 Total amount of all liabilities except capital 2398528 57
29 Surplus over all liabilities 595248 43
31 Total liabilities 2993777 00
Business in the State of Georgia During the Year
Risks written
Premiums received
Losses paid
Losses incurred
5401735 00
54448 84
39381 01
33094 55
NORTHERN ASSURANCE COMPANY OF LONDON ENGLAND
H E Wilson General Manager Geo W Babb U S Manager
Principal Oflice 38 Pine St New York N Y
642 Monadnock Block Chicago 111
William Lowe Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital paidup
in cash 1500000 00
Statutory deposit 200000 00196
ComptrollerGenerals Report
2 Amount of ledger assets as per balance
December 31 of previous year 4366765 24
Extended at 4366765 24
IIIncome
5 Gross premiums 4739594 27
6 Deduct reinsurance rebate abatement and
return premium 1705590 63
7 Total premiums other than perpetuals 3034003 64 3034003 64
11 Gross interest on bonds and dividends
on stocks 135849 05
12 Gross interest on deposits 4478 32
14 Gross rents from companys property 7000 00
15 Total gross interest and rents t
19 Received from head office during the year 788749 33
147327 37
28 Total income 3970080 34
IIDisbursements
1 Gross amount paid policyholders for losses
including 37137938 occurring in pre
vious years 1839369 73
2 Deduct amount received for salvage 13
86289 and for reinsurance in other com
panies 45785136 471714 25
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
9 Commissions or brokerage
11 Salaries 4810728 and expenses 4026728 of special
and genera agents
12 Salaries fees and all other charges of officers directors
trustees and home office employees
13 Rents including 700000 for companys occupancy of its
own buildings
14 Advertising 843424 printing and stationery 24
69125
15 Postage telegrams telephone and express
1 Legal expenses
17 Furniture and fixtures
18 Maps including corrections
19 Underwriters boards and tariff associations
20 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
21 Inspections and surveys
23 Taxes on real estate
1367655 48
28371 99
491142 88
88374 56
177558 58
17538 84
33125 49
23536 20
5868 33
8666 16
6500 57
33549 11
26434 55
20144 St
2575 35ComptrollerGenerals Report
197
24 State taxes on premiums 46 478 23
25 Insurance department licenses and fees 12856 52
26 All other licenses fees and taxes viz county in municipal
1128170 miscellaneous 213611 13417 81
30 Books newspapers and periodicals 1449 37
31 Cleaning heating and lighting 3048 49
32 Collection and exchange fees 3046 64
33 Traveling 2889 10
34 Miscellaneous 6151 07
Total 16584 67
35 Remitted to head office during the year 999083 60
40 Total disbursements 3419 463 76
41 Balance 4917381 82
IVLedger Assets
1 Book value of real estate unincumbered 115000 00
4 Book value of bonds excluding interest
376560066 and stocks 29426590 4059866 56
5 Cash in companys offiee 883 08
6 Deposited in trust companies and banks
not on interest Union Trust Company
New York 265962 Mechanics Ameri
can National Bank St Louis 122347
Canadian Bank of Commerce San Fran
cisco 129339 5176 48
7 Deposited in trust companies and banks
on interest National Bank of Com
merce New York 11864547 Mer
chants Loan and Trust Company Chi
cago 7703842 Northern Trust Com
pany Chicago 40356 196087 45
8 Agents balances representing business
written subsequently to October 1 1907 495108 00
9 Agents balances representing business
written prior to October 1 1907 20851 77
11 Bills receivable taken for fire risks 24408 48
16 Total ledger assets 4917381 82
NonLedger Assets
18 Interest due 200000 and accrued 7
14252 on bonds 9142 52
22 Total 9142 52
23 Market value of real estate 60000 00198
ComptrollerGenerals Report
25 Other nonledger assets viz Due from other companies
for reinsurance on losses already paid
28 Gross assets
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to October 1 1907 20851 77
33 Bills receivable past due taken for
marine inland and fire risks 24408 48
35 Book value of ledger assets over market
value 367111 56
38 Total
18478 22
412371 SI
39 Total admitted assets 4 592630 75
VLiabilities
1 Gross losses adjusted and unpaidI
2 Gross claims for losses in process of ad
justment or in suspense including all re
ported and supposed losses
3 Gross claims for losses resisted
25995 87
260268 74
125642 45
4 Total 411907 06
5 Deduct reinsurance due or accrued 26991 87
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 2354
08953 unearned premiums fifty per
cent 1177044 77
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 278763554
unearned premiums pro rata 1550068 35
384915 19
12 Total unearned premiums as computed above 2727113 12
19 Salaries rents expenses bills accounts fees etc due or
accrued 2992 81
20 State county and municipal taxes due or accrued 51587 15
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 3780 S3ComptrolleeGenebals Eepoet 199
22 Return premiums 980411 reinsurance premiums 16
47457 26278 68
27 Total amounts of all liabilities except statutory deposits
and capital 3196667 78
28 Statutory deposit 200000 00
29 Surplus over all liabilities 1195962 97
30 Surplus as regards policyholders 1395962 97
31 Total liabilities 4592630 75
Business in the State of Georgia During the Year
Fire risks written 5253363 00
Gross premiums 50667 72
Losses paid 15504 16
Losses incurred 12397 39
NORTH BRITISH AND MERCANTILE INSURANCE COMPANY OP
LONDON AND EDINBURGH
E G Richards U S Manager J P Hastings Asst U S Manager
Principal Office in United States 76 William Street New York City
Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock subscribed Home Office 15000000 00
2 Amount paid up in cash 3437500 00
IIAssets
9 Total part and market value of stocks and bonds owned
absolutely by the company carried out at market
value 5697774 32
12 Cash in companys principal office 300 00
13 Cash belonging to the company deposited
in banks viz Merchants National
Bank 2000000 J P Morgan Co
36242332 total 382723 32
Total cash items 382723 32
15 Interest due and accrued on stocks not included in mar
ket value uncollected 64922 92
17 Cash in hands of agents and in course of transmission 883204 06
All other assets both real and personal 2929 60
Total assets of the company actual cash market value 7031554 20200
ComptrollerGeneral s Report
IIILiabilities
1 Losses due and unpaid 103627 86
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 222955 92
3 Losses resisted including interest costs
and other expenses thereon 50545 50
4 Total gross amount of claims for losses 377129 28
5 Deduct reinsurance thereon 36124 62
6 Net amount of unpaid losses 341004 66
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 316279911 un
earned premiums fifty per cent 1581399 55
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 406816121
unearned premiums pro rata 2183253 03
11 Total unearned premiums as computed above carried
out 3761652 58
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department reclaimable under perpetual premiums 28364 02
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and agency ex
penses 198843 51
20 Total amount of all liabilities except capital stok scrip
and net surplus 4332864 77
23 Surplus beyond capital and all other liabilities 2698689 4
24 Aggregate amount of all liabilities including capital paid
up and net surplus 7031554 20
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 831418 75
3 Net collected 831418 75
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 5949300 53
5 Total 6780719 28ComptkolleeGenekals Report
201
6 Deduct premiums and bills in course of
collection at this date 917074 90
7 Entire premiums collected during the
year 5863644 38
8 Deduct reinsurance and return premiums 1386762 32
9 Net cash actually received for premiums carried out 4476882 06
11 Eeceived for interests and dividends on stock and bonds
collateral loans and from all other sources 213589 11
15 Aggregate amount of income actually received during the
year in cash 4690471 17
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 37542247 losses occurring in
previous years 2222104 97
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2365658 and all
amounts actually received for reinsur
ance in other companies 31501960
total deductions 338676 18
Net amount paid during the year for losses 1883428 79
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State National and local taxes in this and
other States
9 All other payments and expenditures
10 American branches of foreign companies will please re
port amount sent to home offices during the year
864721 14
439762 03
116256 36
211852 51
602457 37
Aggregate amount of actual expenditures during the
year in cash 3516020 83
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
5006616 00
59860 99
40196 43
33975 49202 ComptrollerGenerals Keport
THE NORTH RIVER INSURANCE COMPANY OF NEW YORK
Wm E Hutchins President Frederick H Crum Secretary
Principal Office 939597 William Street New York City
Jacob Haas Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 350000 00 350000 00
2 Amount paid up in cash 350000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 610000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 192800 00
3 Interest accrued on all said bond and mortgage loans 3131 47
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 256000 00
5 Value of buildings mortgaged insured for
164300 as collateral 163000 00
6 Total value of said mortgaged premises carried inside 419000 00
9 Total part and market value of stocks and bonds owned
absolutely by the company carried out at market
value 555925 00
11 Total amount loaned on stocks bonds and all other secur
ities except mortgages 23000 00
13 Cash belonging to the company deposited in banks viz
Washington Trust Co 487317 United States Mort
gage Trust Co 2000000 Title Guarantee Trust
Co 2500000 Kings County Trust Co 2000000
Merchants Exchange National Bank 9032750 total 160200 67
15 Interest due and accrued on stocks not included in mar
ket value uncollected 1796 65
16 Interest due and accrued on collateral loans and uncol
lected 343 05
17 Cash in hands of agents and in course of transmission 372217 08
All other assets both real and personal viz Rents due
and accrued 594118 due from other companies for
reinsurance on losses already paid 64734 total 6588 52
Total assets of the company actual cash market value 1926002 44
Deduct agency unpaid over 3 months due 18505 93
1907496 51ComptrollerGenerals Report
203
IIILiabilities
1 Losses due and unpaid 22195 61
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 112505 20
3 Losses resisted including interest costs
and other expenses thereon 10177 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
144877 81
30466 10
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 125692263 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 91162852
unearned premiums pro rata
114411 71
628461 32
494251 26
11 Total unearned premiums as computed above carried
out 1122712 58
16 Cash dividends to stockholders remaining unpaid
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Interest due or accrued 1900 State county and
municipal taxes due or accrued 1250000 commis
sions 2640256 return premiums 388530
20 Total amount of all liabilities except capital stock scrip
4492 50
44687 86
and net surplus 1286304 65
21 Joint stock capital actually paid up in cash 350000 00
23 Surplus beyond capital and all other liabilities 271191 86
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1907496 51
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
419126 64
571 56
3 Net collected 418555 08204
ComptrollerGenerals Report
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 2705506 04
5 Total 3124061 12
6 Deduct premiums and bills in course of
collection at this date 494835 33
7 Entire premiums collected during the year 2629225 79
8 Deduct reinsurance and return premiums 1210622 77
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on 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 8173259
increase in book value of real estatel31097
1418603 02
9499 50
24939 56
83043 36
IS Aggregate amount of income actually received during the
year in cash 1536085 64
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 10805258 losses occurring in
previous years 1041341 45
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1718603 and all
amounts actually received for reinsur
ance in other companies 22201388 to
tal deductions 239199 91
3 Net amount paid during the year for losses
Kxpenses of adjustment and settlement of losses
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
3500000
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
9 All other payments and expenditures viz Expenses of
real estate 2982900 loss on sale of ledger assets
776730 general expenses 7357056
4
802141 5 1
12212
37350 00
356240 1
135833 02
48401 35
111166 86
Aggregate amount of actual expenditures during the year
in cash 1503346 08ComptrollerGenerals Report 205
Business in the State of Georgia During the Year
Fire risks written 1063217 00
Premiums received gross 22459 10
Losses paid 13011 53
Losses incurred 13229 73
NORTH STATE FIRE INSURANCE COMPANY OF GREENSBORO N C
Ashley Home President James F Cobb Secretary
Principal Office Greensboro N C
Otis A Murphy Attorney for Service in Georgia
1Capital
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 112801 50
3 Interest due on all said bond and mortgage loans 27575
interest accrued thereon 282500 total 3100 75
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 169000 00
5 Value of buildings mortgaged insured for
11412500 as collateral 142500 00
6 Total value of said mortgaged premises
carried inside 311500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 178303 95
11 Total par and market value and amount
loaned thereon 88115 23
12 Cash in companys principal office 18 35
13 Cash belonging to the company deposited
in bank 66947 54
Total cash items 66965 89
16 Interest due and accrued on collateral loans and un
eollected 1236 31
17 Cash in hands of agents and in course of transmission 56867 81
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 10 50
Total assets of the company actual casli market value 507402 14
206 ComptrollerGenerals Report
IIILiabilities
1 Losses due and unpaid 3820 24
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 23186 03
4 Total gross amount of claims for losses 27006 27
5 Deduct reinsurance thereon 2277 36
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
fnm date of policy 21878407 un
earned premiums fifty per cent 109392 03
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 9232211 un
earned premiums pro rata 57893 82
24728 01
11 Total unearned premiums as computed above carried out 167285 85
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses and reserve for
commissions and taxes 4000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 196014 76
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 111387 38
24 Aggregate amount of all liabilities including capital paid
up and net surplus 507402 14
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 1266 80
3 Net collected 1266 80
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 331959 73
5 Total 403221 53ComptrollerGenerals Report
6 Deduct premiums and bills in course of
collection at this date 56878 31
7 Entire premiums collected during the year 346348 22
8 Deduct reinsurance and return premiums 116761 12
9 Net cash actually received for premiums carried out
10 Eeceived for interest on bonds and mortgages
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 640820 losses occurring in pre
vious years 113857 41
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in
other companies 22252 16
Net amount paid during the year for losses
4 Loss expenses
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
207
299587 10
4279 21
10952 77
244819 08
91605 25
380 71
69842 19
10627 28
6167 00
11592 29
190214 78
415900 00
7272 73
1430 38
2230 38208
ComptrollerGenerals Report
ORIENT FIRE INSURANCE COMPANY OE HAKTFORD CONN
Archibald G Mellwaine Jr President Henry W Gray Jr Secretary
Principal Office 2022 Trinity St Hartford Conn
Robert A Hancock Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 2000000 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 167686 38
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1581210 83
12 Cash in companys principal office 5457 33
13 Cash belonging to the company deposited
in bank viz American National Bank
Hartford Conn 3426712 Charter Oak
Natl Bank Hartford Conn 9660293
Connecticut Trust Safe Deposit Co
Hartford Conn 5000000 United
States Mortgage Trust Co New York
N Y 1761687 National Bank of the
Republic Chicago 111 610450 Union
Trust Co San Francisco Cal 512610 209717 52
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interests due and accrued on collateral
loans and uncollected interest on other assets accrued
17 Cash in hands of agents and in course of transmission
premiums not over three months due 25532804
less commissions 5774266
18 Bill receivable not matured taken for fire marine and
inland risks total bills receivable 407637 less past
due 317373
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
792073 balance due from other companies 60477
Due from London Lancashire Fire Ins Co since paid
Total
Deduct unadmitted items due from other companies
Total assets of the company actual cash market value
215174 85
24787 67
344 36
197585 38
902 64
8525 50
28661 87
2224879 48
4212 02
2220667 46ComptrollerGenerals Eeport
IIILiabilities
1 Losses due and unpaid 2423700 not
due 100000 25237 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 123389 83
3 Losses resisted including interest costs
and other expenses thereon 12575 00
4 Total gross amount of claims for losses 161201 83
5 Deduct reinsurance thereon 25349 76
209
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 882814 68 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 135996762
unearned premiums pro rata
135852 07
441407 34
738915 24
11 Total unearned premiums as computed above carried out 1180322 58
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses taxes due and
accrued 18690 31
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Eeturn premiums 81665 reinsurance 703958
785623 less commissions 187808 5978 15
20 Total amount of all liabilities except capital stock scrip
and net surplus 1340843 11
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 379824 32
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2220667 46
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 262963 73
14cg210 ComptrollerGenerals Report
3 Net collected 262963 73
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 1883894 60
5 Total 2146858 33
6 Deduct premiums and bills in course of
collection at this date 263636 65
7 Entire premiums collected during the
year cash 187989375 notes 332
79300 188322168
8 Deduct reinsurance and return premiums 554816 32
9 Net cash actually received for premiums carried out 1328405 36
11 Received for interests and dividends on stoek and bonds
collateral loans and from all other sources 64715 67
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 2029 18
15 Aggregate amount of income actually received during the
year in cash 1395150 21
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 11196655 losses occurring in
previous years 816183 99
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 836600 and all
amounts actually received for reinsur
ance in other companies 19645114 to
tal deduction 204817 94
Net amount paid during the year for losses 611366 05
6 Paid for commissions or brokerage 282291 24
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 80516 47
8 Paid for State national and local taxes in this and other
States 44886 08
9 All other payments and expenditures viz Advertising
printing and stationery 1320633 rents 713285
traveling 1974522 board and association items
1688689 survey and inspection 420776 postage
and telegrams 941055 miscellaneous 817501 total 78764 4L
Aggregate amount of actual expenditures during the year
the year in cash 1098824 25ComptrollerGeneral s Eeport
211
Business in the State of Georgia During the Year
Fire risks written
Presiums received gross
Losses paid
Losses incurred
2506784 00
29280 46
7398 94
12386 94
PALATINE INSURANCE CO Ltd OF GREAT BRITAIN
A H Wray Manager
Principal Office in U S Corner Pine and William Sts New York N Y
Thomas A Whitner Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
IIAssets
500000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2463630 00
33 Cash belonging to the company deposited in bank viz
Morton Trust Company New York 13856612 Ameri
can Exchange National Bank New York 4943705
Crocker National Bank San Francisco 5289426
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personalviz Due from
other companies for reinsurance on losses already paid
240897 43
28758 50
322965 98
7507 13
Total assets of the company actual cash market value 3063759 04
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 148624 00
3 Losses resisted including interest costs
and other expenses thereon 715567 00
4 Total gross amount of claims for losses 864191 00
5 Deduct reinsurance thereon 192632 00
6 Net amount of unpaid losses
7 Gross premiums without and deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 110680173 un
earned premiums fifty per cent
671559 00
553400 87212 ComptrollerGenerals Eeport
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 126256968
unearned premiums pro rata 701340 57
11 Total unearned premiums computed above carried out 1254741 44
37 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 25557 34
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums reinsurance commissions etc 6S809 OS
20 Total amount of ail liabilities except capital stock scrip
and net surplus 2020666 86
22 Scrip outstanding 1043092 18
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3063759 04
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 330321 70
3 Net collected 330321 70
4 Gross premiums on risks written and
renewed during the year as shown in
risk and premium exhibit 2211032 60
5 Total 2541354 30
6 Deduct premiums and bills in course of
collection at this date 338779 55
7 Entire premiums collected during the year 2202574 75
8 Deduct reinsurance and return premiums 67447S 26
9 Net cash actually received for premiums carried out 1528096 49
II Received for interests and dividends on stock and bonds
collateral loans and from all other sources 99258 75
12 Income received from all other sources 1665 14
15 Aggregate amount of income actually received during the
year in cash 1629020 38
VExpenditures During the Year
1 Gross amount atually paid for losses in
cluding 25594479 losses occurring in
previous years 993979 27ComptrolleeGteneeals Report
213
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 308582 and all
amounts actually received for reinsur
ance in other companies 14574553 to
tal deductions
148831 35
Net amount paid during the year for losses 845147 92
Paid for commissions or brokerage 339838 19
Paid for salaries fees and other charges of officers clerks
agents and all other employees 84402 45
Paid for State national and local taxes in this and other
States 53257 40
9 All other payments and expenditures viz Travel print
ing stationery rent boards etc 140597 06
10 American branches of foreign companies will please report
amount sent to home offices during the year 267972 06
Aggregate amount of actual expenditures during the year
in cash 1731215 08
Business in the State of Georgia During the Year

Fire risks written
Premiums received gross
Losses paid
Losses incurred
2823630 72
48746 01
17884 85
18056 77
THE PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILADEL
PHIA PENNSYLVANIA
R Dale Benson President W Gardner Crowell Secretary
Principal Office 510 Walnut Street Philadelphia
W E Chapin Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stoek
2 Amount paid up in cash
750000 00
IIAssets
750000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
144500 00
252350 00
2456 16214
ComptrollerGenerals Report
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 391205 00
5 Value of buildings mortgaged insured for
24850000 as collateral 309235 00
6 Total value of said mortgaged premises carried inside 700440 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3839199 00
11 Total amount loaned on stocks bonds and all other secur
ities except mortgages 1031200 00
12 Cash in companys principal office 979 36
13 Cash belonging to the company deposited
in banks viz Philadelphia National
4589636 First National 4763835
Drexel Co 8380696
Total cash items 178321 03
15 Interest accrued on stocks and bonds not included in
market value uncollected 56593 29
16 Interest accrued on collateral loans and uncollected 8050 96
17 Cash in hands of agents and iff course of transmission 562016 24
Reinsurances reclaimable on losses paid 387430 43
Total assets of the company actual cash market value 6462117 11
IIILiabilities
1 Losses unpaid 12521 81
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 296912 18
3 Losses resisted including interest costs
and other expenses thereon 15287 60
5 Deduct reinsurance thereon 22424 62
6 Net amount of unpaid losses 302296 97
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 216773665 un
earned premiums fifty per cent 1083868 33
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 344107992
unearned premiums pro rata 1797336 62
11 Total unearned premiums as computed above carried
out 2881204 95
ComptrollerGeneral s Report
215
14
20
21
23
24
Amount reclaimable by assured on perpetual fire insur
ance policies
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 587658 59
Net collected 587658 59
Gross premiums on risks written and re
newed during the year 4192841 34
913331 22
4096833 14
750000 00
1615283 97
6462117 11
Total 4780499 93
Deduct premiums and bills in course of
collection at this date 562016 24
Entire premiums collected during the
year 4218483 69
Deduct reinsurance and return premiums 971300 68
9
10
11
12
15
Net cash actually received for premiums carried out 3247183 01
Received for interest on bonds and mortgages 17052 60
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 199312 95
Income received from all other sources omitting increase
if any in value of securities 940 15
Aggregate amount of income actually received during the
year in cash 3464488 71
VExpenditures During the Year
Gross amount actually paid for losses 2165886 60
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 286253 50
Net amount paid during the year for losses 1879633 10
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 115000 00
Paid for commissions or brokerage 754312 99
Paid for salaries fees and other charges of officers
clerks agents and all other employees 192520 0016
ComptrollerGenerals Report
8 Paid for State National and local taxes in this and other
States 86567 25
9 All other payments and expenditures viz Bents
12500 advertising printing and stationery 2546352
postage telephone and telegraph 1749124 under
writers boards 1145618 loss on real estate sold
217180 loss on bonds sold 621250 furniture and fix
tures maps fire departments repairs to real estate
etc 2235463 total 97649 87
Aggregate amount of actual expenditures during the
year in cash 3125683 19
Business in the State of Georgia During the Year
Fire risks written 3630114 00
Premiums received gross 72342 18
Losses paid 53008 11
Losses incurred 47444 74
PHENIX INSURANCE COMPANY OF BROOKLYN NEW YORK
Geo P Sheldon President has F Koster Secretary
Principal Office No 16 Court Street Brooklyn N Y
H C Stockdell Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1500000 00 1500000 00
2 Amount paid up in cash 1500000 00
IIAssets
L Market value of real estate owned by the company less
the amount of incumbrances thereon 58000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 549500 00
3 Interest accrued on all said bond and mortgage loans 4873 34
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 373750 00
5 Value of buildings mortgaged insured for
25450000 as collateral 25575000
6 Total value of said mortgaged premises
carried inside 629500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 6238169 00
11 Total amount loaned on stocks bonds and all other secur
ities except mortgages 35000 00ComptrollerGenerals Keport
217
12 Cash in companys principal office 394 25
6 Deposited in Trust Companies and banks
not on interest National Park Bank
26446716 Chatham National Bank
24519933 Liberty National Bank
19526732 total 704933 81
7 Deposited in Trust Companies and banks
on interest viz Bankers Trust Co
10268819 National City Bank Brook
lyn 250000 Peoples Trust Co Brook
lyn 340229 total 108590 48
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncolleeted
17 Cash in hands of agents and in course of transmission
All other assets both real and personal
813918 54
10434 76
999049 64
10850 05
Total assets of the company actual cash market value 8719795 33
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 517279 39
3 Losses resisted including interest costs
and other expenses thereon 39092 00
4 Total gross amount of claims for losses 556371 39
5 Deduct reinsurance thereon 35345 76
6 Net amount of unpaid losses 521025 63
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 297078586 un
earned premiums fifty per cent 1485392 92
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 740857363
unearned premiums pro rata 3949188 59
11 Total unearned premiums as computed above carried
out 5434581 51
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 4250 00
18 Amount of borrowed money 400000 00218 ComptrollerGenerals Report
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 441745 reinsurance premiums
605901 total 10476 46
20 Total amount of all liabilities except capital stock scrip
and net surplus 6370333 60
21 Joint stock capital actually paid up in cash 1500000 00
23 Surplus beyond capital and all other liabilities 849461 73
24 Aggregate amount of all liabilities including capital paid
up and net surplus 8719795 33
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 7867188 98
5 Total 7867188 98
7 Entire premiums collected during the
year 7867188 98
8 Deduct reinsurance and return premiums 1543922 58
9 Net cash actually received for premiums carried out 6323266 40
10 Received for interest on bonds and mortgages 15531 39
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 305496 61
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1929009
profit on sale of real estate 17408561 profit on sale
of bonds 2803678 total 221412 48
15 Aggregate amount of income actually received during the
year in cash 6865706 88
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 42531852 losses occurring in
previous years 3277469 26
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2317892 and all
amounts actually received for reinsur
ance in other companies 27540395
total deductions 298582 87
Net amount paid during the year for losses 2978886 39
3 Expenses of adjustment and settlement of losses 130854 64
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 300000 00ComptrollerGenerals Eeport
219
6 Paid for commissions or brokerage 1 219 949 16
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 641 047 47
8 Paid for State National and local taxes in this and
other States 158039 76
9 All other payments and expenditures viz Advertising
printing and stationery 9047259 auditing 146235
appraisal real estate 1000 car fares 101666
charts 21900 coal gas light and heat 190471 elec
tion and meetings 151106 extra help 78700 furni
ture and fixtures 523456 fire department fire patrol
and salvage corps assessments 523680 insurance and
surety bonds 21119 interest 5139833 legal ex
penses 215120 maps including corrections 11
77725 inspections and surveys 205644 mercantile
reports 256909 newspaper and insurance journals
subscriptions 204905 rents 6213957 postage tele
grams telephone and express 6256063 repairs and
expenses on real estate 677647 rubber stamps
12642 safe deposit and post office box rent 20700
stock transfer tax 4624 sundries 1611066 under
writers boards and tariff associations 8560871 taxes
on real estate 65454 loss on sale or maturity of
ledger assets 3918250 total 453 480 02
Borrowed money 300000 00
Aggregate amount of actual expenditures during the
year in cash 6182257 44
Business in the State of Georgia During the Year
Fire risks written 9175079 00
Premiums received gross 212 961 01
Losses paid 101959 13
Losses incurred 123652 07
PHOENIX ASSURANCE COMPANY Limited OP LONDON
A D Irving Manager A D Irving Jr Secretary
Principal Office in United States 47 Cedar Street New York City
Edgar Dunlap Atlanta Attorney for Service in Georgia
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2449909 75220
ComptrollerGenerals Report
12 Cash in companys principal office 387 25
13 Cash belonging to the company deposited
in banks viz American Exchange Na
tional Bank New York 13740714
Corn Exchange Bank Chicago 295612
Union Trust Company New York 101
65940 New York Life Insurance Trust
Co New York 424421 Philadelphia
Fire Underwriters Association Deposit
20000
Total cash items 246854 12
17 Cash in hands of agents and in course of transmission 327695 91
All other assets both real and personal 31609 00
Interest due and accrued on bonds 33942 09
Total assets of the company actual cash market value 3090010 87
IIILiabilities
1 Losses not yet due 5403 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 164162 00
3 Losses resisted including interest costs
and other expenses thereon 33008 00
4 Total gross amount of claims for losses 212573 00
5 Deduct reinsurance thereon 44189 00
6 Net amount of unpaid losses 168384 00
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 176702328 un
earned premiums fifty per cent 883511 64
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 193312962
unearned premiums pro rata 1017891 17
11 Total unearned premiums as computed above carried
out 1901402 81
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 26000 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance premiums 121 55
20 Total amount of all liabilities except capital stock scrip
and net surplus 2095908 36ComptrollerGenerals Report
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
TVIncome 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 295339 83
3 Net collected 295339 83
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3533184 67
221
994102 51
3090010 87
5 Total 3828524 50
6 Deduct premiums and bills in course of
collection at this date 327695 91
7 Entire premiums collected during the
year cash 3500828 59
8 Deduct reinsurance and return premiums 1119636 99
9 Net cash actually received for premiums carried out
10 Eeceived for interest on bonds and mortgages
90548 60
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 32782966 losses occurring in
previous years 1781949 76
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1121339 and all
amounts actually received for reinsur
ance in other companies 40308096
total deductions 414294 35
2471740 20
Net amount paid during the year for losses 1367655 41
6 Paid for commissions or brokerage 477112 67
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 225222 46
8 Paid for State National and local taxes in this and
other States 79687 67
9 All other payments and expenditures 113601 95
Total 2263280 16222 ComptrollerGenerals Report
10 American branches of foreign companies will please re
port amount sent to home offices during the year 253071 60
Aggregate amount of actual expenditures during the
year in cash 2516351 7G
Business in the State of Georgia During the Year
Fire risks written 2565868 00
Premiums received gross 25301 19
Losses paid 22445 33
Losses incurred 23876 33
THE PHOENIX INSURANCE COMPANY OF HARTFORD
D YY C Skilton President John B Knox and Thos C Temple Sec
Home Office No 783 Main Street Hartford Connecticut
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6011933 99
4 Extended at 6011933 99
IIIncome
5 Gross premiums 5934412 15
6 Deduct reinsurance rebate abatement
and return premiums 1208052 29
7 Total premiums other than perpetuals 4726359 80
9 Gross interest on mortgage loans 3989 12
10 Gross interest on collateral loans 1302 78
11 Gross interest on bonds and dividends on
stocks 274086 78
3 2 Gross interest on deposits 13100 24
14 Gross rents from companys property 10855 90
15 Total gross interest and rents
16 Gross profit on sale or maturity of ledger assets viz
Real estate 112389 stocks 11080460 other assets
196145 total
303334 82
113889 94
28 Total income 5143584 62ComptrollerGeneral s Report
223
IIIDisbursements
Gross amount paid policyholders for losses
including 32957983 occurring in pre
vious years 2111801 46
Deduct amount received for salvage 11
43200 and for reinsurance in other com
panies 15398090 total 165412 90
3
4
6
9
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
30
31
32
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Paid stockholders for interest or dividends amount de
clared during the year 20000000
Commissions or brokerage
Salaries 21289574 and expenses 13199941 of spe
cial and general agents and branch office employees
Salaries fees and all other charges of officers direc
tors trustees and home office employees
Eents
Advertising 642435 printing and stationery 4403680
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes viz Tax on capital
stock 46360 municipal taxes and fees 1954578
Gross loss on sale or maturity of ledger assets viz
Real estate 13000 other assets 205145 total
Gross decrease in book value of ledger assets viz
Stocks
Interest paid
Borrowed money paid
Miscellaneous expense
1946388 56
24771 30
200000 00
956329 71
344895 15
104935 89
19508 36
50461 50
40303 19
3062 39
9451 22
10226 78
44982 32
14633 37
14671 40
2757 14
1717 55
73386 88
16949 08
65905 78
2181 45
32507 10
5157 33
150000 00
24391 64
40 Total disbursements 4 159 574 74
IVLedger Assets
1 Book value of real estate 137606 39
2 Mortgage loans on real estate 57016 66
3 Loans secured by pledge of bonds stock
or other collaterals 63900 00224 ComptrollerGenerals Eeport
4 Book value of bonds excluding interest
316521235 and stocks 240661662
total 5571828 97
5 Cash in companys office 7696 19
7 Deposited in trust companies and banks
on interest 718628 39
8 Agents balances representing business
written subsequent to October 1 1907 425057 36
9 Agents balances representing business
written prior to October 1 1907 14209 91
16 Total ledger assets 6995943 87
NonLedger Assets
17 Interest due 13500 and accrued 1
41689 on mortgages 1551 89
18 Interest accrued on bonds 44002 35
19 Interest accrued on collateral loans 375 00
20 Interest accrued on other assets 1900 00
21 Rents accrued on companys property or
lease 926 58 48755 82
22 Total 7044699 69
23 Market value of real estate over book value 2051 00
24 Market value not including interest on item 18 of
bonds and stocks over book value 427038 03
26 Gross premiums in course of collection which have not
been carried to ledger account 505100 00
27 Reinsurance due from other companies on losses paid 774 93
28 Cross assets 7979663 65
Deduct Assets Not Admitted
32 Agents balances representing business written prior to
October 1 1907 14209 91
39 Total admitted assets 7965453 74
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 84274 62
2 Cross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 335977 59
3 Gross claims for losses resisted 28684 00
4 Total 448936 21
5 Deduct reinsurance due or accrued 24063 41
6 Net amount of unpaid losses and claims 424872 80ComptrollerGenerals Report 225
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 3
16318242 unearned premiums fifty
Per cent 1581591 21
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 435506542
unearned premiums pro rata 2363687 42
12 Total unearned premiums as computed above 3945278 63
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 92 415 00
22 Return premiums 5370000 reinsurance premiums 27
35000 810500
27 Total amount of all liabilities except capital 4543616 43
28 Capital actually paid up in cash 200000000
29 Surplus over all liabilities 142183731
30 Surplus as regards policyholders 3 421 837 31
31 Total liabilities 7965453 74
Business in the State of Georgia During the Year
Risks written 6282639 00
Premiums received 78426 92
Losses paid 30172 94
Losses incurred 24 216 10
QUEEN FIRE INSURANCE COMPANY OF AMERICA
Edward F Beddall President Nevett S Bartow Secretary
Principal Office 84 William St New York City
S Y Tupper Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
15cg226 ComptrollebGenekals Report
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 71000 00
3 Interest accrued on all said bond and mortgage loans 1368 23
4 Value of lands and buildings mortgaged
insured for 7500000 as collateral 110000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 6217880 88
12 Cash in companys principal office 4826 89
13 Cash belonging to the company deposited
in bank 268591 32
Total cash items 273418 21
15 Interest due and accrued on bonds not included in mar
ket value uncollected 51928 77
16 Interest due and accrued on bank balances 626 35
17 Cash in hands of agents and in course of transmission 587908 20
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 10833 67
Due from Royal Insurance Co Montreal office readjust
ment of loss 3473 77
Total assets of the company actual cash market value 7218438 13
Deduct Assets Not Admitted
Due for reinsurance on losses paid 366579 02
From companies in receivers hands 7299 17
Total 373878 19
Total admitted assets 6844559 94
IIILiabilities
1 Losses adjusted but not due and unpaid 141067 08
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 190259 65
3 Losses resisted including interest costs
and other expenses thereon 43104 79
4 Total gross amount of claims for losses 374431 52
5 Deduct reinsurance thereon 44875 06
6 Net amount of unpaid losses 329556 46ComptrollerGenerals Report 227
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 2933059 54
Unearned premiums fifty per cent 1466529 75
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 3 535 076 17
Unearned premiums pro rata 1931112 33
11 Total unearned premiums as computed above carried out 3397642 00
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses including
accrued commissions and taxes 105 136 i 7
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz return premiums 751981 reinsurance
premiums 2636995 33 ggo 7q
20 Total amount of all liabilities except capital stock scrip
and net surplus 3j866224 47
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1978335 47
24 Aggregate amount of all liabilities including capital paid
up and net surplus 6844559 94
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 5535305 80
7 Entire gross premiums collected during the
year 5535305 80
8 Deduct reinsurance and return premiums 1345198 22
9 Net cash actually received for premiums carried put 4190107 58
10 Received for interest on bonds and mortgages 2990 03
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 222 639 36
12 Income received from all other sources omitting increase
if any in value of securities viz Profit on sale or
maturity of ledger assets 7 054 79
15 Aggregate amount of income actually received during the
year in cash M22791 81
228
ComptrollerGenerals Report
VExpenditures During the Year
1 Gross amount actually paid for policyhold
ers losses including 30361557 losses oc
curring in previous years 2216865 26
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous years 2102658 and all
amounts actually received for reinsurance
in other companies 23137728 total
a 252403 86
deductions
Net amount paid during the year for losses
Expenses of adjustment and settlement of losses
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Eents 36
73315 advertising 1291543 printing and stationery
3172042 postage etc 2961798 legal expenses
159524 furniture and fixtures 2439748 maps 8
41002 underwriter boards 4515185 inspection and
surveys 1381844 traveling 504399 miscellaneous
expenses 2717719
Loss on sale of ledger assets and decrease in book value
of ledger assets real estate expenses
10 American branches of foreign companies will please report
amount sent to home offices during the year
Aggregate amount of actual expenditures during the year
1964461 40
44025 82
100000 00
769553 93
393436 78
113164 54
in cash
237181 1J
53760 22
136 86
3675720 74
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid policyholders
Adjustment expenses
6623317 00
127548 96
71685 89
1726 53
Losses paid
Losses incurred
73412 42
69454 42ComptrollebGenebals Report 229
rochester german fire insurance company
of rochester n y
Eugene Sattelee President H F Atwood Secretary
Principal Office 1719 Main St West Rochester N Y
Arthur B Fox Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 589588 45
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 247179 00
3 Interest due on all said bond and mortgage loans 36500
interest accrued thereon 534618 total 5711 18
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 827335 00
11 Total amount loaned on stocks and bonds and all other se
curities except mortgages 7000 00
12 Cash in companys principal office 8158 73
13 Cash belonging to the company deposited
in bank 324667 51
Total cash items 332826 24
15 Interest due and accrued on stocks not included in mar
ket value uncollected 4891 02
16 Interest due and accrued on collateral loans and uncol
lected and other assets 8815 09
17 Cash in hands of agents and in course of transmission 187836 84
All other assets both real and personal viz Rents due
and accrued 248008 due from other companies for re
insurance on losses already paid 2480 08
200 shares German American Bank stock 100 ea now
in liquidation 5000 00
Total assets of the company actual cash market value 2218662 90
IIILiabilities
1 Losses due and unpaid 57885 29
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 151487 99230
ComptrollerGeneral s Report
3 Losses resisted including interest costs
and other expenses thereon
41439 70
4 Total gross amount of claims for losses 250812 98
5 Deduct reinsurance thereon 142883 49
107929 49
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 90490117 un
earned premiums fifty per cent 452450 59
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1078110 28
unearned premiums pro rata 583459 06
11 Total unearned premiums as computed above carried out 1035909 65
20 Total amount of all liabilities except capital stock scrip
and net surplus 1143839 14
21 Joint stock and capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 574823 76
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2218662 90
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 136317 10
3 Net collected 136317 10
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 2088894 05
5 Total 2225211 15
T Deduct premiums and bills in course of
collection at this date 187836 84
7 Entire premiums collected during the year 2037374 31
8 Deduct reinsurance and return premiums 784839 72
9 Net cash actually received for premiums carried out 1252534 59
10 Received for interest on bonds and mortgages 12 567 17
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 43 189 53ComptrollerGeneral s Report 231
12 Income received from all other sources omitting increase
if any in value of securities viz Bents 6000433
liquidation dividend German American Bank stock 2
00000 profit loss of 801317 total 70017 50
15 Aggregate amount of income actually received during the
year in cash 1378308 79
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 14668936 losses occurring in
previous years 869410 38
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 462159 and all
amounts actually received for reinsur
ance in other companies 23678970 to
tal deductions 24 411 29
Net amount paid during the year for losses 627999 09
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 37500 00
6 Paid for commissions or brokerage 36156365
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 80672 30
8 Paid for State national and local taxes in this and other
States 44132 30
9 All other payments and expenditures viz Expenses of
adjustment and setlement of losses 619263 rents 4
46670 advertising and stationery 1176330 postage
telegrams telephone and express 996601 legal ex
penses 192605 furniture and fixtures 276926
maps including corrections 769413 underwriters
bonds and tariff associations 1717934 repairs and
expenses other than taxes on real estate 5193224
miscellaneous expenses 2334315 total 137232 81
Aggregate amount of actual expenditures during the year
in cash 1289100 15
Business in the State of Georgia During the Year
Eire risks written 2140969 00
Premiums received gross 33938 30
Losses paid 17540 57
Losses incurred 8J081 90
232
ComptrollerGenerals Report
ROYAL FIRE INSURANCE COMPAND LTD OF LIVERPOOL ENG
Principal Office in U S Royal Ins Bldg 84 William St New York City
Milton Dargan Atlanta Attorney for Service in Georgia
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon 3478359 18
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 697700 00
3 Interest accrued Qn all bond and mortgage loans 13408 91
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 702650 00
5 Value of buildings mortgaged insured
for 41300000 as collateral 969500 00
Total value of said mortgaged premises
carried inside 1672150 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 5802489 50
12 Cash in companys principal office and
branch offices 11769 79
13 Cash belonging to the company deposited
in bank 658564 71
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
Or business written subsequent to October 1st 1907
18 Cash in hands of agents and in course of transmission
or business written prior to October 1st 1907
All other assets both real and personal viz Rents due
and accrued 1819120 due from other companies for
reinsurance on losses already paid 3879893
670334 50
68336 64
1106463 82
37980 41
56990 13
Total 11932063 09
Deduct assets not admitted agents balances on business
written prior to October 1st 1907 37980 41
Total assets of the company actual cash market value 11894082 68
IIILiabilities
1 Losses due and unpaid 1141183 64
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 571970 91 ComptrollerGeneral s Report
233
3 Losses resisted including interest costs
and other expenses thereon 84396 84
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
770551 39
111248 16
6 Net amounts of unpaid losses 659303 33
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 4586031 97
Unearned premiums fifty per cent 2293015 98
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 9131375 86
Unearned premiums pro rata 4810745 05
Excess of original premiums over amount
received for reinsurance 769427 07
Unearned 200052 26
11 Total unearned premiums as computed above carried out 7303813 29
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department 94375 00
13 Amount reclaimable by the insured on perpetual fire
insurance policies 104362 98
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 71079 23
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz
Taxes 115006 22
Eeinsurance and return premiums 115605 89
Commission and brokerage 16957 81
247569 92
20 Total amount of all liabilities except capital stock scrip
and net surplus 8480503 65
23 Surplus beyond capital and all other liabilities 3413579 03
24 Aggregate amount of all liabilities including capital paid
up and net surplus 11894082 63
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 10251850 59
8 Deduct reinsurance and return premiums 3892120 78234
ComptrollerGexerals Eeport
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 235722 36
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
Deposit premiums on perpetual policies
14 American branches of foreign companies will please report
amount of remittances from home office during the
year 543 450 92
6359729 81
36014 71
85417 ill
1 02
15 Aggregate amount of income actually received during
the year in cash 7260337 63
VExpenditures During the Year
1 Gross amount actually paid policyholders
for losses including 66151001 losses
occurring in previous years 4594938 79
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 33444 87 and all
amounts actually received for reinsur
ance in other companies 79774496 to
tal deductions 831189 83
Net amount paid during the year for losses
4 Expenses of adjustment and settlement of 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
S AH other payments and expenditures viz advertising
printing stationery rent and miscellaneous expenses
Deposit premiums returned under perpetual fire policies
American branches of foreign companies will please re
port amount sent to home offices during the year
Decrease in book value of assets bonds 3041368
real estate 38581235
10
3763 748 96
130476 08
945341 73
540635 36
210735 68
757742 29
17054 53
1119065 09
416226 03
Aggregate amount of actual expenditures during the year
in cash
7901025 75
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
7351772 72
107577 95
82782 42
82412 42ComptrollerGenerals Report 235
ROYAL EXCHANGE ASSURANCE COMPANY OP LONDON ENG
Uberto C Crosby Genl Mgr R D Harvey Asst Genl Mgr
Principal Office in TJ S 92 Williams St New York City
E E Paschall Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock deposited capital
IIAssets
200000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1687380 45
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank
75 00
195917 55
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
195992 55
22698 19
223201 06
90083 27
Total assets of the company actual cash market value 2219355 52
IIILiabilities
1 Losses due and unpaid 1000 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 126882 00
3 Losses resisted including interest costs
and other expenses thereon 24450 00
4 Total gross amount of claims for losses 152332 00
3 Deduct reinsurance thereon 38801 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 99625660 un
earned premiums fifty per cent 498128 30
113531 00
236
ComptrollerGenerals Report
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 122384589
unearned premiums pro rata
660551 09
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance premiums unpaid
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash deposit
capital
23 Surplus beyond capital and all other liabilities
1158679 39
1899 64
1274110 03
200000 00
745245 49
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2219255 52
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 195321 07
3 Net collected 195321 07
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 2151768 07
5 Total 2347089 14
6 Deduct premiums and bills in course of
collection at this date 223201 06
7 Entire premiums collected during the year 2123888 08
8 Deduct reinsurance and return premiums 709813 65
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
14 American branches of foreign companies will please re
port amount of remittances from home office during the
year
1414074 43
71923 77
3829 08
15 Aggregate amount of income actually received during the
vear in cash 148987 8
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 18037390 losses occurring in
previous years
863104 07ComptrollerGenerals Report 237
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 500711 and all
amounts actually received for reinsurance
in other companies 35811935 total
deductions 363126 46
Net amount paid during the year for losses 499977 61
6 Paid for commissions or brokerage 364251 53
7 Paid for salaries fees and other charges of officers clerks
aggents and all other employees 100446 58
8 Paid for State national and local taxes in this and other
States 47401 08
9 All other payments and expenditures viz Rent 710000
traveling 2752644 advertising and stationery 9
48715 postage etc 743668 legal expenses 1
54287 maps 1148969 furniture and fixtures 6
11561 inspection 2332029 miscellaneous 1012830
Total 1116223 83
10 American branch of foreign companies will please report
amount sent to home offices during the year 327601 57
Aggregate amount of actual expenditures during the year
in cash 1443825 40
Business in the State of Georgia During the Year
Fire risks written 1515878 00
Premiums received gross 25319 84
Losses paid 4061 70
Losses incurred 5739 70
SCOTTISH UNION AND NATIONAL FIRE INSURANCE COMPANY
OF EDINBURGH SCOTLAND
James H Brewster U S Manager
Principal Office 36 Pearl Street
Edgar Dunlap Atlanta Attorney for Service in Georgia
1Capital
1 Whole deposit amount of capital stock 200000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 109684 84238
CoMPTROLLERGrENERAls REPORT
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 4
70905 interest accrued thereon 192415 total
438 362 50
6633 20
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 364350 00
5 Value of buildings mortgaged insured
for 50200000 as collateral 653650 00
6 Total value of said mortgaged premises
carried inside 1018000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3476571 25
13 Cash belonging to the company deposited in bank viz
First National San Francisco 277436 National Ex
change Hartford Conn 14014957 Imperial Bank of
Canada Toronto Ont 1951361 Lake Shore Banking
and Trust Co Cleveland O 500000 Union Savings
and Loan Co Cleveland O 1000000 total cash items 177437 54
15 Interest due and accrued on stocks not included in mar
ket value uncollected 32 069 16
17 Cash in hands of agents and in course of transmission 422315 09
Interest due and accrued on other assets 270 68
Total assets of the company actual cash market value 4663344 26
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 276605 41
3 Losses resisted including interest costs
and other expenses thereon 12399 00
4 Total gross amount of claims for losses 289004 41
5 Deduct reinsurance thereon 95494 01
6 Net amount of unpaid losses 193 510 40
7 Gross premiums without any deductiou
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 164199688
unearned premiums fifty per cent 820998 44
ComptrollerGenerals Report
239
8 Gross premiums without and deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 208445484
unearned premiums pro rata 1120240 72
15000 00
11 Total unearned premiums as computed above carried out 1941239 16
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All ether demands against the company absolute and con
tingent due and to become due admitted and eon
tested viz
Commissions due agents and brokers 59822 47
Return premiums 4433159 reinsurance
6175547 10608706
165909 53
20 Total amount of all liabilities except capital stock scrip
and net surplus 2315659 09
21 Deposit capital 200000 00
23 Surplus beyond capital and all other liabilities 2147685 17
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4663344 26
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 269649 39
3 Net collected 269649 39
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 3645224 27
5 Total 3914873 66
6 Deduct premiums and bills in course of
collection at this date 271134 01
7 Entire premiums collected during the year 3643739 65
8 Deduct reinsurance and return premiums 1579852 28
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on 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
2063887 37
21188 31
134201 62
9936 45
15 Aggregate amount of income actually received during the
year in cash 2229213 95240
ComptkollerGenebais Eepoet
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 24876561 losses occurring in
previous years 1420131 12
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 645290 and all
amounts actually received for reinsur
aace in other companies 42567982 to
tal deductions 432132 72
Net amount paid during the year for losses 987998 40
4 Expense of adjustment and settlement of losses 45475 09
6 Paid for commissions or brokerage 448884 00
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 109401 71
8 Paid for State national and local taxes in this and other
States 61010 61
9 All other payments and expenditures viz Miscellaneous
underwriting expenses 120374 33
Expenses on real estate and other investments 15277 71
10 American branches of foreign companies will please report
amount sent to home offices during the year 20597 83
Aggregate amount of actual expenditures during the
year in cash 1809019 68
Business in the State of Georgia During the Year
Fire risks written 2532491 00
Premiums received gross 40525 42
Losses paid 21957 48
Losses incurred 19430 67
SEABOARD FIRE AND MARINE INSURANCE COMPANY OF
GALVESTON TEXAS
B Adone President J H Langbehn Secretary
Principal Office Strand 2102 Galveston Texas
VVm A Wright Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 250000 00
2 Amount paid up in cash 250000 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 59308 27ComptrollerGenerals Eeport
241
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 73700 52
5 Value of buildings mortgaged insured
for 3400 00 as collateral 39500 00
6 Total value of said mortgaged premises
carried inside 113200 52
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
Hutchings Sealy and Company 30058 55
Adone and Lobit 27500 00
258222 50
Total cash items 57558 55
14 Amount of premium notes upon which policies have been
issued interest due on bank deposits 297 80
15 Interest due and accrued bonds not included in mar
ket value uncollected 2880 86
16 Interest due and accrued on mortgage loans and un
collected mortgages 2948 05
17 Cash in hands of agents and in course of transmission 19840 69
Due from reinsurance companies balance on account 36 28
Total assets of the company actual cash market value
IIILiabilities
1 Losses not yet due and unpaid
2 Gross losses in process pf adjustment or in
suspense including all reported and sup
posed losses
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
1545 91
2772 50
4318 41
85 00
112598 37
56299 18
34089 67
25383 88
401093 00
56299 18
6 Net amount of unpaid losses 4233 41
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date date of policy
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
Unearned premiums pro rata
20 Total amount of all liabilities except capital stock scrip
and net surplus 85916 17
16cg242
ComptrollerGenerals Report
21 Joint stock capital actually paid up in cash 250000 00
23 Surplus beyond capital and all other liabilities 65170 53
24 Aggregate amount of all liabilities including capital paid
up and net surplus 401093 00
IVIncome During the Year
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Deduct amount of same not collected
Net collected
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit
11216 28
69 58
11146 70
204920 94
5 Total 216067 64
C Deduct premiums and bills in course of
collection at this date 19840 69
7 Entire premiums collected during the year 196226 95
8 Deduct reinsurance and return premiums 66156 21
9 Net cash actually received for premiums carried out
Net premiums for 1907
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 on bank
deposits
15 Aggregate amount of income actually received during the
year in cash 152236 33
130070 74
138764 73
11557 0
1913 90
VExpenditures During the Year
Gross amount actually paid for losses in
cluding 429763 losses occurring in pre
vious years 55370 03
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 111464 and all
amounts actually received for reinsur
ance in other companies 1870768 to
tal deductions 19822 32
Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges
t officers clerks agents and all other employees
35547 71
35118 06
8342 10ComptrollerGenerals Report
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
24c
3580 26
14354 70
96942 79
SECURITY EIRE INSURANCE COMPANY OF NEW HAVEN CONN
John W Ailing President Victor Roth Secretary
Principal Office 37 Center St New Haven Conn
Dan B Harris Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 50000 00
2 Loans on bond and mortgage duly recorded and be
ing first liens on the fee simple 118300 00
3 Interest accrued on all said bond and mortgage loans 4197 56
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 102730 00
5 Value of buildings mortgaged insured
for 11090000 as collateral 146150 00
6 Total value of said mortgaged premises
carried inside 248880 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1537673 50
31 Total amount loaned on stocks bonds and all other se
curities except mortgages 92820 00
12 Cash in company principal office 5073 49
13 Cash belonging to the company deposited
in bank 55857 45
Total cash items 60930 94
16 Interest due and accrued on collateral loans and un
collected 729 84
17 Cash in hands of agents and in course of transmission 205350 32244
Comptroller General s Keport
18 Bill receivable not matured taken for fire marine and
inland risks
Cash deposited with Philadelphia underwriters association
5557 96
100 00
Total assets of the company actual cash market value 2075660 12
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 186822 93
3 Losses resisted including interest costs
and other expenses thereon 1790 00
4 Total gross amount of claims for losses 188612 93
5 Deduct reinsurance thereon 38849 53
149763 40
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 76010669 un
earned premiums fifty per cent 38005334
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 141015921
unearned premiums pro rata 766342 99
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 2536 60
11 Total unearned premiums as computed above carried out 1148932 03
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Reinsurance premiums 4777500 State
county and municipal taxes 1300000 total
2000 00
13477 75
20 Total amount of all liabilities except capital stock scrip
and net surplus 1314 174 08
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 261486 04
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2075660 12ComptrolleeGexebal s Report
IVIncome During the Year
Fire
Inland
Marine and
7 Entire premiums collected
during the year 1843702 47 6284 44
8 Deduct reinsurance and
return premiums 565533 61 2593 04
9 Net cash actually received
for premiums carried
out
245
1278168 86
3691 40 1281860 26
10 Received for interest on bonds and mortgages 5684 36
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 71137 16
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 265840 2668 69
Total 79490 81
15 Aggregate amount of income actually received during
the year in cash 1361351 07
VExpenditures During the Year
1 Gross amount actually paid
for losses including 89
32524 losses occurring in
previous years
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
499408 and all amounts
actually received for re
insurance in other com
panies 10525141 total
deductions
Marine and
Fire Inland
643717 76 16474 59
110081 43 164 06
Net amount paid during the
year for losses 533636 33 16310 53 549946 id
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 30000 00
6 Paid commissions or brokerage 316872 12
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 99875 50246 ComptrollerGenerals Report
8 Paid for State national and local taxes in this and other
States 26536 06
9 All other payments and expenditures 112769 18
Aggregate amount of actual expenditures during the
year in cash 1136000 62
SHAWNEE FIRE INSURANCE COMPANY OP TOPEKA KANSAS
Joab Mulrane President H S Morgan Secretary
Principal Office 701 Jackson St Topeka Kansas
Thomas I Lynch Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
IIAssets
200000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 1
24657 interest accrued thereon 1113740 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 2558228 00
5 Value of buildings mortgaged insured
for 27467500 as collateral 540700 00
6 Total value of said mortgaged premises
carried inside 3098928 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 se
curities except mortgages
12 Cash in companys principal office 7156 20
13 Cash belonging to the company deposited
in bank Bank of Topeka Topeka
Kansas 8472864 Merchants National
Bank Topeka Kansas 538641 9011505
Total cash items
15 Interest due and accrued on stocks and bonds not in
cluded in market value uncollected
45000 00
805585 00
12383 97
278750 00
39000 00
97271 25
1942 02ComptrollerGenerals Report 247
16 Interest due and accrued on collateral loans and un
eollected 648 09
17 Cash in hands of agents and in course of transmission 169038 92
18 Bill receivable not matured taken for fire marine and
inland risks 1734 9g
Total assets of the company actual cash market value 1451355 13
IIILiabilities
1 Losses due and unpaid 26998 91
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 75885 00
4 Total gross amount of claims for losses 102883 91
5 Deduct reinsurance thereon 12 841 31
6 Net amount of unpaid losses 80 042 60
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 63764841 un r
earned premiums fifty per cent 318824 20 j
8 Gross premiums without any deduction pUP
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 108890795
unearned premiums pro rata 631903 98
11 Total unearned premiums as computed above carried out 950728 18
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 1 872 70
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz reinsurance premiums 4 172 94
20 Total amount of all liabilities except capital stock scrip
and net surplus 1046816 42
21 Joint stock capital actually paid up in cash 200 000 00
23 Surplus beyond capital and all other liabilities 204538 71
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1451355 13
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1773256 28248 ComptrollerGenerals Report
8 Deduct reinsurance and return premiums 452047 86
9 Net cash actually received for premiums carried out J321208 42
10 Received for interest on bonds and mortgages 42260 2
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 13079 80
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 624682
interest on deposits 24348 interest on premiums notes
12531 discount losses 285919 profit and loss
past due premium notes etc 41940 discount in
vestments 262550 total 12519 70
15 Aggregate amount of income actually received during the
year in cash 1339068 84
I VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 832699 losses occurring in pre
vious years 520832 88
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 186161 and all
amounts actually received for reinsur
ance in other companies 6648832 to
tal deductions 68349 93
Net amount paid during the year for losses 452482 95
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Loss adjust
ment expenses 673309 rents 262500 advertising
478423 printing and stationery 1797731 postage
express etc 830076 legal expenses 147146 fur
niture and fixtures 207183 general expense 671756
repairs on real estate 331811 premiums on invest
ments 154250
30000 00
412949 87
56974 37
26615 65
55541 85
Aeeregate amount of actual expenditures during the year
1034564 69
in cash v ComptrollerGeneral s Report
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
249
140707 00
2289 98
1785 71
3035 71
SOUTHERN FIRE INSURANCE COMPANY OF LYNCHBURG VA
J G Payne President Holmes Cummins Secretary
Principal Office 214 216 Ninth St Lynchburg Va
George A Hart Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
IIAssets
2 Loans on bond and mortgages duly recorded and being
first liens on the fee simple 160000 00
3 Interest accrued on all said bond and mortgage loans 2507 95
4 Value of lands mortgaged inclusive of
buildings 415000 00
5 Buildings mortgaged insured for 182265
as collateral
6 Total value of said mortgaged premises
carried inside 415000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 170985 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 59000 00
12 Cash in companys principal office 3401 33
13 Cash belonging to the company deposited
in bank viz First National Bank of
Richmond Va 498067 First National
Bank of Lynchburg Va 780743 Peo
ples National Bank of Lynchburg Va
1751946 American National Bank of
Lynchburg Va 30649 Lynchburg Na
tional Bank of Lynchburg Va 15400
National Exchange Bank of Lynchburg
Va 31470 31082 75
Total cash items 34484 03
250
ComptrollerGenerais Report
15 Interest accrued on stocks and bonds not included in
market value uncollected
16 Interest accrued on other assets
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz
Stationery and supplies
Furniture and maps
Total assets ofthe company actual cash market value
Deduct Assets not Considered Admitted
Loans on companys stock 500 00
Stationery and supplies 1045 00
Furniture and maps 3432 36
Agents balances representing business
written prior to October 1 1907 690 88
2076 66
640 23
52006 01
1045 00
3432 36
486177 2
5668 24
480509 05
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 21125 72
4 Total gross amount of claims for losses 21125 72
5 Deduct reinsurance thereon 4424 11
6 Net amount of unpaid losses 16701 61
7 Gross premiums without any deduction
received and receivable upon all unex
plred lire risks running one year or less
from date of policy 19846782 un
earned premiums fifty per cent 99233 91
8 Gross premiums witnout any deduction
received and receivable upon all unex
pired fire risks running more than one
year Irom date of policy 8355764
unearned premiums pro rata 54546 99
11 Total unearned premiums as computed above carried out 153780 90
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz reinsurance premiums 842 37
20 Total amount of all liabilities except capital stock scrip
and net surplus 171324 88ComptrollerGenerals Eeport
251
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
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 317758 27
6 Deduct premiums and bills in course of
collection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
200000 00
109184 17
480509 05
52006 01
265752 26
99215 57
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 752789 losses occurring in pre
vious years 84595 35
2 Deduct all amounts actually received for
salvage whether on losses of the last or
of previous year 53664 and all
amounts actually received for reinsur
ance in other companies 946653 to
tal deductions 10003 17
166536 69
18652 71
185189 10
Net amount paid during the year for losses 74 592 18
Expenses of adjustment and settlement of losses 1226 41
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20 000 00
6 Paid for commissions or brokerage 51 543 98
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 22638 64
8 Paid for State national and local taxes in this and other
States 9120 56
9 All other payments and expenditures viz Miscellaneous
agency expenses 20812 advertising 80134 print
ing and stationery 348842 postage 81296 furniture
and maps 157083 underwriting boards and tariff
associations 113897 local board charges 60073
general expenses rents included 444939 exchange
7572 sundry small disbursements from profit and
loss account 3985 13184 33252 ComptrollerGenerals Report
Aggregate amount of actual expenditures during the year
in cash 192306 10
Business in the State of Georgia During the Year
Fire risks written 511291 00
Premiums received gross 8295 26
Losses paid 2788 8
Losses incurred 2788 58
SOUTHEEN FIRE INSURANCE COMPANY OF NEW ORLEANS LA
Robert Dickson President J Alfred Stromberg Secretary
Principal Office 620626 Carron St New Orleans La
J L Riley Atlanta Attorney for Service in Georgia
1Capital
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 75000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 4966 25
12 Cash in companys principal office 4059 95
13 Cash belonging to the company deposited
in banks Hanover National Bank New
York 1697708 P V Rovnianek Co
Pittsburg 4069072 Whitney Central
National Bank New Orleans La
5226532 Metropolitan Bank New Or
leans La 9755 Bank of Orleans
New Orleans La 123571 Citizens
National New Orleans La 510671
New Orleans National New Orleans La
270233 Cosmopolitan New Orleans
La 44212 State National Bank New
Orleans La 8996 Philadelphia Un
derwriters Association 10000 119707 50
Total cash items 123767 45
17 Cash in hands of agents and in course of transmission 220855 44
Total assets of the company actual cash market value 898789 14CompteolleeGteneeals Repoet
253
IIILiabilities
1 Losses due and unpaid 53614 56
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 50988 12
3 Losses resisted including interest costs
and other expenses thereon 1400 00
4 Total gross amount of claims for losses 10600268
5 Deduct reinsurance thereon 444 60
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 67289007 un
earned premiums fifty per cent 336445 03
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 22565283
unearned premiums pro rata 146709 93
9 Gross premiums without any deduction including both
cash and bills received and receivable upon all unex
pired inland navigation and marine risks 531970
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Outstanding reinsurance
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other
liabilities 98451 27
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
105558 00
2659 85
8965 06
600337 87
200000 00
298451 27
898789 14
Fire
Marine and
Inland
4 Gross premiums on risks
written and renewed dur
ing the year as shown
in risk and premium ex
hibit 1438946 15 31479 30
8 Deduct reinsurance and re
turn premiums 540606 69 19859 43
9 Net cash actually receiv
ed for premiums carried
out 898339 46
11619 47 909958 93254
ComptrollebGenebals Repoet
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 Gross increase in
book value of real estate
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
Fire Marine Inland
1 Gross amount actually paid
for losses 335700 43 16893 53
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
381870 and all amounts
actually received for re
insurance in other compa
nies 7759681 total de
ductions 75316 84 6098 67
16924 71
15723 13
942606 77
Net amount paid during
the year for losses 310383 59 10794 86 321178 45
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 7192 52
Expenses of adjustment in settlement of losses 16000 00
6 Paid for commissions or brokerage 162327 03
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 103243 58
8 Paid for State national and local taxes in this and other
States 22534 53
9 All other payments and expenditures viz Rents 818040
advertising 309079 printing and stationery 11
11393 postage telegram and telephone 373246 legal
50000 underwriters boards 452064 real estate ex
penses 121443 sundry office expenses 437312 36725 77
Gross decrease in book value of bonds 11935 00
Aggregate amount of actual expenditures during the
year in cash 681136 88
Business in the State of Georgia During the Year
Fire risks written 738468 00
Premiums received gross 13595 79
Losses paid 4416 73
Losses incurred 3204 73
COMPTROLLEBGrENERALs RePOET 255
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS GA
Billups Phinizy President A E Griffith Secretary
Principal Office College Ave Athens Ga
Officers Attorney for Service in Georgia
1Capital
This is a Mutual Company having no Capital Stock
Its assets at present market value amount to i045483 97
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 117 729 53
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 883340 00
13 Cash belonging to the company deposited
in bank Georgia National Bank
Athens Ga 1947 86
Total cash items 19 547 gg
16 Interest due and accrued on stocks not included in mar
ket value uncollected 18 315 00
17 Cash in hands of agents and in course of transmission 6451 58
Total assets of the company actual cash market value 1045483 97
IIILiabilities
2 Gross losses in process of adjustment or
in supposed losses 1970 00
6 Net amount of unpaid losses 1 970 00
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 33522529 un
earned premiums fifty per cent 167612 65
11 Total unearned premiums as computed above carried out 167612 65
20 Total amount of all liabilities except capital stock scrip
and net surplus 169582 65
22 Scrip outstanding 128197 15
23 Surplus beyond capital and all other liabilities 747703 87
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1045483 97256
ComptrollerGenerals Eeport
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 340316 63
7 Entire premiums collected during the year 340316 63
8 Deduct return premiums 5091 34
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 omitting increase
if any in value of securities
15 Aggregate amount of income actually received during the
the year in cash
335225 29
43429 78
373 85
379028 92
1557 80
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 853606 losses occurring in pre
vious years
Net amount paid during the year for losses
5 Scrip or certificates of profit redeemed in cash
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
66557 80
202404 72
50281 87
18302 55
10566 05
Aggregate amount of actual expenditures during the year
in cash i 348112 99
Business in the State of Georgia During the Year
Eire risks written 34564469 00
Premiums received gross 335225 29
Losses paid 66557 f
Losses incurred o991 14
SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF
SPRINGFIELD MASS
A W Damon President W J Mackay Secretary
Principal Office 185 State St Springfield Mass
C L Stoney Co Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 2000000 00CompteollebGenebals Repoet
257
2 Amount of ledger assets as per balance
December 31 of previous year 6422397 07
Extended at
6422397 07
IIIncome
5 Gross premiums 6568096 48
6 Deduct reinsurance rebate abatement
and return premiums 1614417 43
7 Total premiums other than perpetual 4953679 05 4953679 05
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits
14 Gross rents from companys property in
cluding 1500000 for companys oc
cupancy of its own buildings
31079 14
300 00
187341 78
14327 12
15000 00
15 Total gross interests and rents
16 Gross profit on sale or maturity of ledger assets viz
stocks
17 Gross increase in book value of ledger assets viz stocks
19 Holyoke Water Power Co extra dividend
25 per cent 2500 00
20 Agents balances collected charged to profit
and loss in 1906 433 73
248048 04
23390 8S
2000 00
Total
2933 73
28 Total income 5230051 70
IIIDisbursements
1 Gross amount paid policyholders for losses
including 32118495 occurring in pre
vious years 2586399 18
2 Deduct amount received for salvage 16
71950 and for reinsurance in other
companies 36605687 382776 37
3 Net amount paid policyholders for losses 2203622 81
4 Expenses of adjustment and setlement of losses
6 Paid stockholders for interest or dividends
9 Commissions or brokerage
10 Allowances to local agencies for miscellaneous agency
expenses
11 Salaries 12990447 and expenses 8664567 of special
and general agents
17cg
2203622 81
25090 90
200000 00
961317 51
32556 19
216550 14258 CompteollebGenebal s Repobt
12 Salaries fees and all other charges of officers directors
trustees and home office employees 231713 05
13 Bents including 1500000 for companys occupancy of
its own buildings 15000 00
14 Advertising 2153294 printing and stationery 42
75647 64289 11
15 Postage telegrams telephone and express 16429 32
16 Legal expenses 2650 40
17 Furniture and fixtures 1473 50
18 Maps including corrections 10208 73
19 Underwriters boards and tariff associations 52694 27
20 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 32373 61
21 Inspections and surveys 24618 27
22 Repairs and expenses other than taxes on real estate 500 00
23 Taxes on real estate 3750 00
24 State taxes on premiums 85736 41
25 Insurance department licenses and fees 13508 46
26 All other licenses fees and taxes
Massachusetts franchise taxes 2182454
Sundry county and municipal license 7204 81
29029 35
27 Gross loss on sale or maturity of ledger
assets viz
Eeal estate 1838 92
Stocks 6380 63 8219 55
28 Gross decrease in book value of ledger
assets viz
Stocks 2500 00 2500 00
30 Agents balance charged profit and loss 421 27
32 Sundry supplies and incidental accounts 27768 28
28189 55
40 Total disbursements 4262022 23
41 Balance 7390426 54
IVLedger Assets
1 Book value of real estate unincumbered 350000 00
2 Mortgage loans on real estate first liens 977070
3 Loans secured by pledge of bonds stocks
or other collaterals 6000 00
4 Book value of bonds excluding interest
1132969 87 and stocks 331097405 4443943 92
5 Cash in companys office 797 91
6 Deposited in trust companies and banks
not on interest 171662 92ComptrollerGenebais Report 259
7 Deposited in trust companies and banks on
interest 525479 91
8 Agents balances representing business
written subsequent to October 1 1907 908100 31
9 Agents balances representing business
written prior to October 1 1907 7371 57
16 Total ledger assets 7390426 51
NonLedger Assets
17 Interest accrued on mortgages 20318 17
18 Interest accrued on bonds 17452 08
19 Interest accrued on collateral loans 150 00
22 Total 37920 25
28 Gross assets 7428346 79
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to October 1 1907 7371 57
35 Book value of ledger assets over market
value viz
36 Bonds 192069 87
37 Stocks 23946 55
38 Total 223387 99
39 Total admitted assets 7204958 80
VLiabilities
1 Gross losses adjusted not yet due 164285 67
2 Gross claims for losses in process of adjust
justment or in suspense including all
reported and supposed losses 274456 53
3 Gross claims for losses resisted 16392 84
4 Total 455135 04
5 Deduct reinsurance due or accrued 114080 38
6 Net amount of unpaid losses and claims 341054 66
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 3483
97929 unearned premiums fifty per
cent 1741989 65
260
ComptrollerGenerals Eeport
8 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 390934445 un
earned premiums pro rata 2159916 75
12 Total unearned premiums as computed above3901906 40
19 Salaries rents expenses bills accounts fees etc due
or accrued 5125 20
20 State county and municipal taxes due or accrued 46114 22
27 Total amount of all liabilities except capital 4294200 48
28 Capital actually paid up in cash 2000000 00
29 Surplus over all liabilities 910758 32
30 Surplus as regards policyholders 2910758 32
31 Total liabilities 7204958 80
Business in the State of Georgia During the Year
Risks written 44124 86
Gross premiums received 65916 39
Less cancellations net premiums for taxation 52275 62
Losses paid 26732 91
Losses incurred 24400 70
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF
ST PAUL MINN
C H Bigelow President A W Perry Secretary
Principal Office Corner 3d and Jackson Sts St Paul Minn
J L Riley Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 269298 21
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 617360 00
3 Interest due on all said bond and mortgage loans 12000
interest accrued thereon 587425 5994 5ComptrollerGenerals Report
261
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 406810 00
5 Value of buildings mortgaged insured
for 69832500 as collateral 962590 00
6 Total value of said mortgaged premises
carried inside 1369400 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
vallie 3133913 50
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 25000 00
12 Cash in companys principal office 2259 12
13 Cash belonging to the company deposited
in bank Merchants National Bank St
Paul Minn 15412564 National Ger
man American Bank St Paul Minn
7256987 Second National Bank St
Paul Minn 8370000 United States
Mortgage and Trust Co N Y 2
39678 Astor Trust Co New York
7908485 EobartsLubbock Co Lon
don 3452576
Total cash items 428662 02
15 Interest due and accrued on bonds not included in mar
ket value uncollected 29 812 19
17 Cash in hands of agents and in course of transmission 422791 35
18 Bill receivable not matured taken for fire marine and
inland risks 17 431 28
All other assets both real and personal Due from other
companies for reinsurance on losses already paid At
lantic Mutual Insurance Co scrip 2 163 00
Due from reinsurance companies 4g 993 02
Total assets of the company actual cash market value 5001420 02
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 404046 70
3 Losses resisted including interest costs
and other expenses thereon 21820 00
4 Total gross amount of claims for losses 425866 70
5 Deduct reinsurance thereon 65948 19
6 Net amount of unpaid losses 359918 51262
ComptrollerGenerals Kefort
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 171103500 un
earned premiums fifty per cent 855517 50
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 377136897
unearned premiums pro rata 207511105
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired in
land navigation and marine risks 160
84728 80423 64
11 Total unearned premiums as computed above oarried out 3011052 19
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due agents 3796 70
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
3374767 40
500000 00
1126652 62
5001420 02
IVIncome During the Year
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 other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1096146
profit and loss account 437853
15 Aggregate amount of income actually received during the
year in cash
3890347 45
34164 17
139811 43
15339 99
4079663 04
VExpenditures During the Year
1 Gross amount actually paid
for losses including
50920941 losses occurr
ing in previous years
1810085
rS2958 68ComptrollerGenerals Report
263
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous
years and all amounts
actually received for re
insurance in other com
panies total deductions
175721 26
436151 62
Net amount paid during
the year for losses 1634364 63 346807 16 198117179
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 909923 92
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 17791582
8 Paid for State national and local taxes in this and other
States 100537 78
9 All other payments and expenditures viz Inspection
bureaus loss expenses printing and stationery legal ex
penses etc 128586 02
Aggregate amount of actual expenditures during the year
in cash 3348135 33
Business in State of Georgia During the Year
Fire Marine Inland Aggregate
Fire marine and inland risks
written 3520058 00 3044795 00 6564853 00
Premiums received gross 56495 43 13444 90 69940 33
Losses paid 19369 81 1963 20 21333 01
Losses incurred 15637 72 3316 41 18954 19
SUBSCRIBERS AT UNITED STATES LLOYDS MARINE
INSURANCE UNDERWRITERS OF NEW YORK CITY
A F Higgins Herbert Appleton Douglas F Cox Attorneys for the
Subscribers
Principal Office 3 South William St New York City
Edward E Paschall Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 100000 00
2 Amount paid up in cash 100000 00264
ComptbolleeGexebal s Kepoet
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value if
12 Cash in companys principal office 2000 00
13 Cash belonging to the company deposited
in bank 275902 78
Total cash items
15 Interest due and accrued on bonds not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal Due from other
companies for reinsurance on losses already paid
Reinsurance returns
Reinsurance paid on unterminated 16098099 brokerage
paid on unterminated 1073139
528700 0
277902 78
8181 24
445650 43
122088 24
7095 01
171712 38
Total assets of the company actual cash market value 1661330 08
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1008015 00
3 Losses resisted including interest costs
and other expenses thereon 13500 00
4 Total gross amount of claims for losses 1021515 00
5 Deduct reinsurance thereon 668685 00
352830 00
637510 08
36000 00
6 Net amount of unpaid losses
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired in
land navigation and marine risks 637510 08
11 Total unearned premiums as computed above carried 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 scrip
and net surplus 1026340 08
21 Joint stock capital actually paid up in
cash amount of original deposit 100000 00
The liability of each Subscriber is unlimited for his pro
portion of every risk written
23 Surplus beyond capital and all other
liabilities 534990 00 634990 00
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1661330 08ComptrollerGeneral s Report
IVIncome During the Year
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 401722 74
2 Deduct amount of same not collected 1868 61
265
3 Net collected 399854 13
4 Gross premiums on risks written and
renewed during the year as shown in
risk and premium exhibit 2823 729 37
5 Total 3223583 50
6 Deduct premiums and bills in course of
collection at this date 443 731 82
7 Entire premiums collected during the year 2779801 68
8 Deduct reinsurance and return premiums 1720254 54
9 Net cash actually received for premiums carried out 1059547 14
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 33 359 05
12 Income received from all other sources omitting increase
if any in value of securities 357 532 75
15 Aggregate amount of income actually received during the
year in cash 1450538 95
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 57148469 losses occurring in
previous years 2373055 23
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 13447267 and all
amounts actually received for reinsur
ance in other companies 141999446
total deductions 1554467 13
Net amount paid during the year for losses 818588 10
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 335162 26
7 Paid for salaries fees andother charges of officers clerks
agents and all other employees 101967 7o
8 Paid for State national and local taxes in this and other
States 22099 64266 ComptrollerGenerals Report
9 All other payments and expenditures viz Rent 913336
amount on deposit with us in trust 5622088 invest
ments 5812500 depreciation 2175050 145229 74
Aggregate amount of actual expenditures during the year
in cash 1473047 49
Business in the State of Georgia During the Year
Marine and inland risks written 1404646 00
Premiums received gross 6257 73
Losses paid 24 50
Losses incurred 74 50
SUN INSURANCE OFFICE OF LONDON ENG
T 1 Guile Manager
Principal Office 54 Pine St New York City
J T Fitten Atlanta Attorney for Service in Georgia
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 271000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 50000 00
3 Interest due and accrued thereon 220 83
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 55000 00
5 Value of buildings mortgaged insured for
4000000 as collateral 47500 00
6 Total value of said mortgaged premises
carried inside 102500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2668040 89
12 Cash in companys principal office 363 51
13 Cash belonging to the company deposited
in bank Merchants National and Bank
of New York National Bank of Com
merce Mercantile Trust Co New York
and Commercial National Chicago 387265 71
Total cash items 387629 22
15 Interest due and accrued on bonds stocks not included in
market value uncollected 29643 24ComptrollerGenerals Eeport
267
17 Cash in hands of agents and in course of transmission 380141 46
18 Interest due and accrued on other assets 2774 93
All other assets both real and personal rents due and
accrued j 1316 67
Total assets of the company actual cash market value 3790767 24
IIILiabilities
1 Losses due and unpaid 57260 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 163934 00
3 Losses resisted including interest costs
and other expenses thereon 8200 00
4 Total gross amount of claims for losses 229394 00
5 Deduct reinsurance thereon 14799 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 197626881 un
earned premiums fifty per cent 988134 40
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 268897627
unearned premiums pro rata 1445421 47
11 Total unearned premiums computed above carried out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz State county and municipal taxes due or accrued
Reinsurance premiums
20 Total amount of all liabilities except capital stock scrip
and net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
7 Entire premiums collected during the year 3560502 49
8 Deduct reinsurance and return premiums 741211 34
214595 00
2433555 87
2104 06
56385 82
4905 39
2711546 14
1079221 10
9 Net cash actually received for premiums carried out 2819291 15268
ComptrollerGenerals Report
10 Eeceived for interest on bonds and mortgages 2487 50
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 109152 23
12 Income received from all other sources omitting increase
if any in value of securities 11868 S7
Profit on sale of bonds 211 11
14 American branches of foreign companies will please re
port amount of remittances from home office during the
year 35710 25
15 Aggregate amount of income actually received during the
year in cash 2978 721 11
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 27381835 losses occurring in
previous years 1460729 28
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1036427 and all
amounts actually received for reinsur
ance in other companies 14186137 to
tal deductions 152225 64
Net amount paid during the year for losses 1308503 64
36878 58
621240 61
158675 67
52446 06
Expenses of adjustment and settlement of 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 Special agents
and local agencies 3067940 rents 2203962 post
age advertising and printing 5211945 legal ex
penses 154454 furniture fixtures maps 1040514
underwriters boards tariff associations fire depart
ments etc 7272016 inspections and surveys 10
60610
10 American branches of foreign companies will please re
port amount sent to home offices during the year
Aggregate amount of actual expenditures during the year
in cash 2578203 22
200114 U
200344 25
Business in the State of Georgia During the Fear
Fire risks written
Premiums received gross
Losses paid
Losses incurred
3906827 00
43000 87
33386 OS
32419 77ComptrollerGenerals Beport 269
SUN FIRE INSURANCE COMPANY OP NEW ORLEANS LA
Charles Janvier President William P Maus Secretary
Principal Office 308 Camp St New Orleans La
T C Whitner Atlanta Attorney for Service in Georgia
Capital
L Whole amount of capital stock
2 Amount paid up in cash
500000 00
IIAssets
500000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 4098
13 Cash deposited in bank 17081 36
Total cash items
All other assets both real and personal due from other
companies for reinsurance on losses already paid
Premiums in course of collection 90320 93
Loss over 3 months due 1600 00
40000 00
945010 00
17122 34
955 24
88720 93
Total assets of the company actual cash market value 1091808 51
IIILiabilities
1 Losses unpaid 7 860 33
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 41469 75
3 Losses resisted including interest costs
and other expenses thereon 1623 92
4 Total gross amount of claims for losses 50954 00
5 Deduct reinsurance thereon 11070 00
6 Net amount 01 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 38748702 un
earned premiums fifty per cent
39884 00
193743 51270
ComptrollerGeneral s Eeport
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy unearned
premiums pro rata 189109 61
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 con
tested viz Unpaid reinsurances
382853 12
2275 00
2529 57
20 Total amount of all liabilities except capital stock scrip
and net surplus 427 541 09
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 164266 82
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1091808 51
IVIncome During the Year
Fire Marine Inland
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement i
63045 50
3 Net collected
4 Gross premiums on risks
written and renewed dur
ing the year as shown
in risk and premium ex
hibit
5 Total
6 Deduct premiums and bills
in course of collection at
this date
7 Entire premiums collected
during the year
8 Deduct reinsurance and re
turn premiums
9 Net cash actually received
for premiums carried
out
63045 50
858463 74
921509 24
88720 93
832788 31
308747 38
34731 72
34731 72
16171 47
524040 93 18560 25 542601 18
ComptrollerGenerals Eeport 271
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 49 048 00
12 Income received from all other sources omitting increase
if any in value if securities viz Rents 300000 profit
on sale of securities 13000 profit and loss account
41193 bills payable 8000000 total 83541 93
15 Aggregate amount of income actually received during the
year in cash 675191 11
VExpenditures During the Year
Fire Marine Inland
1 Gross amount actually paid
for losses including 56
77496 losses occurring in
previous years 304682 49 18002 56
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
425296 and all amounts
actually received for re
insurance in other com
panies 753913 total
deductions 65660 05 10132 04
Net amount paid during
the year for losses 239022 44 7870 52 246892 96
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 73930 00
6 Paid for commissions or brokerage 126 661 93
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 28 495 00
8 Paid for State national and local taxes in this and other
States 14122 18
9 All other expenditures 167 152 04
Aggregate amount of actual expenditures during the year
in cash 657254 11
Business in the State of Georgia During the Year
Fire risks written 3190810 50
Premiums received gross 60483 35
Losses paid 26 316 22
Losses incurred 26 331 22
272 ComptrollerGenerals Report
the united firemens fire insurance company of
philadelphia penn
Robert B Beath President Henry A Knabe Secretary
Principal Office 419 Walnut St Philadelphia Penn
Robert N Hughs 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 141450 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 298332 00
3 Interest due on all said bond and mortgage
loans 20747 interest accrued thereon
388885 total 4096 32 4096 32
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 232050 00
5 Value of buildings mortgaged insured
for 26100000 as collateral 374600 00
6 Total value of said mortgaged premises
carried inside 606650 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1177539 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 194000 00
12 Cash in companys principal office 6847 65
13 Cash belonging to the company deposited
in bank Central National Bank 37
45657 Quaker City National Bank 22
92281 and real estate Title Insurance
and Trust Co 2469913 total 85078 51
Total cash items 91926 16
16 Interest due and accrued on collateral loans and un
collected 1856 49
17 Cash in hands of agents and in course of transmission 83242 22
Perpetual deposits in course of collection 2877 01
Deposited with Philadelphia Underwriters Association 100 00
Total assets of the company actual cash market value 1995 419 20ComptrollerGenerals Report
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 47108 86
3 Losses resisted including interest costs
and other expenses thereon 700 00
4 Total gross amount of claims for losses 47808 86
5 Deduct reinsurance thereon 2630 74
273
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 45868074 un
earned premiums fifty per cent 229340 37
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 57402835
unearned premiums pro rata 323035 07
Amount reclaimable on perpetual policies
being 90 and 95 per cent of deposits 906444 45
45178 12
11 Total unearned premiums as computed above carried
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 scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 800758 10
8 Deduct reinsurance and return premiums 142586 18
2959 07
1506957 08
400000 00
88462 12
9 Net cash actually received for premiums carried out 658171 92
10 Keceived for intefest on bonds and mortgages 15381 60
11 Keceived for interests and dividends on stock and bonds
collateral loans and from all other sources 59723 83
18cg
274
CompteollebGenebals Repoet
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 537363
profit on sale of real estate 10915 profit and loss
from premium 4079
15 Aggregate amount of income actually received during the
year in cash
Deposit premiums written on perpetual deposits
Total income
5523 57
738800 92
42324 08
781125 00
VExpenditures During the Year
Gross amount actually paid for losses in
cluding 5082234 losses occurring in
previous years
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years 115874 and all
amounts actually received for reinsur
ance in other companies 6191731 to
tal deductions
340028 37
63076 05
Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz agency ex
penses 814799 advertising printing and stationery
696573 postage and telegram expenses 244904
legal expenses 34799 furniture 37500 maps 2
77390 underwriters boards 377200 fire department
and patrols 471687 inspection and surveys 133937
real estate taxes and repairs 724489 insurance de
partment 503209 adjusting 435826 profit and loss
172521 miscellaneous 394139
Aggregate amount of actual expenditures during the year
in cash
Amount of perpetual deposits returned
Total disbursements
284952 32
40000 00
159276 53
43296 44
10071 30
53139 84
590736 43
34429 06
625 165 49ComptrollerGenerals Report 275
Business in the State of Georgia During the Year
Eire risks written 477002 00
Premiums received gross 8535 44
Losses paid 6053 42
Losses incurred 3312 01
VIRGINIA STATE FIEE INSURANCE COMPANY OF RICHMOND VA
Geo L Christian President Robert Leeky Jr Secretary
Principal Office Cor Fifth and Main St Richmond Va
Carlton Y Smith Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
IIAssets
200000 00
200000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 100000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 46685 55
3 Interest due on all said bond and mortgage loans 937 47
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 42800 00
5 Value of buildings mortgaged insured for
6800000 as collateral 124400 00
6 Total value of said mortgaged premises
carried inside 167200 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 14252 45
13 Cash belonging to the company deposited
in bank National State Bank 36024 95
498905 00
Total cash items
15 Interest due and accrued on stocks and bonds not in
cluded in market value uncollected
16 Interest due and accrued on other assets
17 Cash in hands of agents and in course of transmission
18 Bill receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Open
accounts 165264 brokerage premiums 565488
furniture and fixtures 187983 printing office 87217
Total assets of the company actual cash market value
50277 40
4066 82
785 45
177930 79
1815 32
10059 52
891463 32
276
ComptrollerGenerals Report
IIILiabilities
1 Losses due and unpaid 43404 51
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 53537 87
3 Losses resisted including interest costs
and other expenses thereon 4000 00
4 Total gross amount of claims for losses 100942 38
5 Deduct reinsurance thereon 13578 39
6 Net amount of unpaid losses 87363 99
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 48613158 un
earned premiums fifty per cent 243065 79
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 32430547 un
earned premiums pro rata 191105 83
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
8 Amount of borrowed money
39 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions due agents
Reinsurance premiums
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus 891463 32
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
3 Net collected
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit
165063 52
165063 52
1027066 37
434171 62
285 50
20000 30
36938 55
2873 58
581633 24
200000 00
109830 08ComptrollerGenerals Report
277
5 Total 1192129 89
G Deduct premiums and bills in course of col
lection at this date 177930 79
7 Entire premiums collected during the year 1014199 10
8 Deduct reinsurance and return premiums 283130 13
9 Net cash actually received for premiums carried out 731068 97
10 Received for interest on bonds and mortgages 2384 43
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 21399 54
12 Income received from all other sources omitting increase
if any in value of securities 9024 58
Borrowed money 20000 00
15 Aggregate amount of income actually received during
the year in cash 783877 52
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 5270414 losses occurring in pre
vious years 460443 92
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years and all amounts
actually received for reinsurance in other
companies total deductions 52617 80
Net amount paid during the year for losses 407831 12
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 37
18750 37168 00
6 Paid for commissions or brokerage 187770 49
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 30537 88
8 Paid for State national and local taxes in this and other
States 8625 24
9 All other payments and expenditures viz Advertising
563127 printing and stationery 512736 office rent
300000 furniture and fixtures 250468 fire depart
ment fees patrol etc 730752 other expenses
2326213 total 46833
Aggregate amount of actual expenditures during the year
718765 69
in cash v
Business in the State of Georgia During the Year
1730494 00
Fire risks written
Premiums received gross 36196 65
18321 36
Losses paid
24912 36
Losses incurred 278 ComptrollerGenerals Eepoet
westchestbe fire insurance company of new york
George R Crawford President John H Kelly Secretary
Principal Office 100 William St New York City
Edgar Dunlap Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 300 000 00
2 Amount paid up in cash 300000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 8 716 25
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 267 650 00
3 Interest due on all said bond and mortgage
loans 88250 interest accrued thereon
129352 total 2176 02
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 235100 00
5 Value of buildings mortgaged insured for
28565000 as collateral 319800 00
6 Total value of said mortgaged premises
carried inside 554900 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2714850 00
12 Cash in companys principal office 11375 40
13 Cash belonging to the company deposited
in bank
Chatham National Bank of New York 180501 12
Union Trust Co of New York 16364 37
Total cash items 208240 89
35 Interest due and accrued on bonds not included in mar
ket value uncollected 2 475 qq
17 Agents balances representing business written subse
quent to October 1 1907 421 980 77
Total assets of the company actual cash market value 3625 088 3
IIILiabilities
1 Losses adjusted not yet due 65097 50
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 130134 87ComptrollerGenerals Eeport
279
3 Losses resisted including interest costs
and other expenses thereon
2000 00
4 Total gross amount of claims for losses 20723237
5 Deduct reinsurance thereon 21499 92
6 Net amount of unpaid losses 185732 45
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 165847966 un i
earned premiums fifty per cent 829239 83
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 258496999
unearned premiums pro rata 1372656 42
11 Total unearned premiums as computed above carried
out 2201896 25
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 5000 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Reinsurance premiums 2000000 com
missions brokerage etc due or to become due to agents
and brokers 5000 00 25000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 2417628 70
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 907460 23
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3625088 93
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3307000 65
8 Deduct reinsurance and return premiums 821042 23
9 Net premiums carried out 2485958 42
10 Received for interest on bonds and mortgages 18490 83
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 122733 44280
ComptrollerGenerals Report
12 Income received from all other sources omitting increase
if any in value of securities viz Bents 12275 and
interest on deposits 87852
Gross profit on sale of real estate
1001 27
2885 53
15 Aggregate amount of income 2631069 49
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 22952146 losses occurring in
previous years 1444355 71
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1107875 and all
amounts actually received for reinsur
ance in other companies 16o75667 to
tal deductions 176835 42
Net amount paid during the year for losses
3 Expenses of adjustment and settlement of losses 14581 35
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 90000 00
6 Paid for commissions or brokerage 489304 53
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 108257 46
8 Paid for State national and local taxes in this and other
States 60676 05
9 All other payments and expenditures 291249 34
Aggregate amount of actual expenditures during the year
in cash 2321589 32
Business in the State of Georgia During the Year
Fire risks written 2345184 00
Premiums received gross 38740 62
Losses paid 24326 24
Losses incurred 19657 64
WESTEBN ASSURANCE COMPANY OF CANADA
Hon Geo A Cox President C 0 Foster Secretary
Principal Office 22 Wellington St East Toronto Can
Geo J Dexter Atlanta Attorney for Service in Georgia
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1766285 45ComptrollerGeneral s Report
281
12 Cash in companys principal office 22 61
13 Cash belonging to the company deposited
in banks viz Win Gray and H B
Walker agents Canadian Bank of Com
merce New York 32672938 Corn Ex
change National Bank Chicago 1
91450 United States Mortgage and
Trust Co New York 5000 total 333643 88
Total cash items 333666 49
15 Interest due and accrued on stocks not included in mar
ket value uncollected 22602 18
17 Cash in hands of agents and in course of transmission 182631 76
18 Bill receivable not matured taken for fire marine and
inland risks 14467 93
Total assets of the company actual cash market value 2319653 81
IIILiabilities
1 Losses due and unpaid 21194 37
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 227449 90
3 Losses resisted including interest costs
and other expenses thereon 6695 23
4 Total gross amount of claims for losses 255339 50
6 Net amount of unpaid losses 255339 50
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 143822674 un
earned premiums fifty per cent 719113 37
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1415353 97
unearned premiums pro rata 717177 22
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine time hull risks
9691485 fifty per cent 48457 42
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 100 per cent 12691 08
1 Total unearned premiums as computed above carried
out 1497439 09282
ComptrollerGenerals Report
19 All other demands against the company
absolute and contingent due and to be
come due admitted and contested viz
Taxes
Commissions
20 Total amount of all liabilities except capital stock scrip
20978 58
22318 77
and net surplus
21 Deposit capital
23 Surplus beyond capital and all other liabilities
207000 00
316577 87
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
Fire Marine Inland
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement 176380 95 47010 56
3 Net collected 176380 95 47010 56
4 Gross premiums on risks
written and renewed dur
ing the year as shown
in risk and premium ex
hibit 2597818 33 419127 79
5 Total 2774199 28 466138 35
6 Deduct premiums and bills
in course of collection at
this date 149612 06 47487 63
7 Entire premiums collected
during the year 2624587 22 418650 72
8 Deduct reinsurance and re
turn premiums 777882 33 128257 33
9 Net cash actually received
for premiums carried
out 1846704 89 290393 39 2137098 28
11 Keceived for interests and dividends on stock and bonds
collateral loans and from all other sources omitting in
crease if any in value of securities 88 340 89
14 American branches of foreign companies will please re
port amount of remittance from home office during the
yar 39477 55
15 Aggregate amount of income actually received during the
year in cash 2264916 72ComptrollerGenerals Report
283
VExpenditures During the Year
Fire Marine Inland
1 Gross amount actually paid
for losses including
41565155 losses occur
ring in previous years 1472101 42 334254 28
2 Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
798342 and all amounts
actually received for re
insurance in other com
panies 22136424 total
deductions 206593 93 22753 73
Net amount paid during
the year for losses 1265507 49 311500 55
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks 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
1577008 04
419870 47
123014 85
67942 80
195985 95
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
Fire marine and inland risks
Fire Marine Inland
written 3040735 00 699514 00
Premiums received gross 35223 43 197127
Losses paid 22902 37 74 06
Losses incurred 28067 37 74 06
2383822 11
Aggregate
3740249 00
37194 70
22976 43
28141 43
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF BROOK
LYN NEW YORK
Marshall S Driggs President Frederick H Way Secretary
Principal Office 150 Broadway New York
W R Hoyt Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 250000 00
2 Amount paid up in cash 250000 00284
ComptrollerGenerals Report
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 108929 76
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 584600 00
3 Interest due on all said bond and mortgage loans 28125
interest accrued thereon 206040 total 2341 65
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 717700 00
5 Value of buildings mortgaged insured
for 34350000 as collateral 436750 00
6 Total value of said mortgaged premises
carried inside 1154450 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1064125 00
11 Total amount loaned on stocks bonds and all other secur
ities except mortgages 29500 00
12 Cash in companys principal office 4550 23
13 Cash belonging to the company deposited
in banks viz First National Bank of
Brooklyn 75203 Williamsburgh Trust
Co 536240 Chatham National Bank
1211834 Mechanics Bank 5244648
Manufacturers National 4621710
total 116896 35
Total cash items 121446 58
15 Interest due and accrued on stocks not included in mar
ket value uncollected 13541 44
16 Interest due and accrued on collateral loans and uncol
lected 134 37
17 Cash in hands of agents and in course of transmission 221219 22
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 780 10
Total assets of the company actual cash market value 2146618 12
IIILiabilities
1 Losses due and unpaid 4775 73
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 80774 76
3 Losses resisted including interest costs
and other expenses thereon 142746 50
4 Total gross amount of claims for losses 228296 99
5 Deduct reinsurance thereon 65009 10
0 Net amount of unpaid losses 163287 89ComptrollerGenerals Report
285
7 Gross premiums without any deduction
received and receivable upon all uncx
pired fire risks running one year or less
from date of policy 93955989 un
earned premiums fifty per cent 469779 95
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 144362455
unearned premiums pro rata 790498 30
11 Total unearned premiums as computed above carried
out 1260278 25
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 10541 97
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance due 6823 83
20 Total amount of all liabilities except capital stock scrip
and net surplus 1440931 94
21 Joint stock capital actually paid up in cash 250000 00
23 Surplus beyond capital and all other liabilities 455686 18
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2146618 12
IVIncome During the Year
7 Entire premiums collected during the
year Cash 1834668 30
8 Deduet reinsurance and return premiums 358485 43
9 Net cash actually received for premiums carried out 1476182 87
10 Received for interest on bonds and mortgages 22412 92
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 56087 07
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 763541
profit on sale of bonds 1750 total 7652 91
15 Aggregate amount of income actually received during
the year in cash 1562335 77
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 14430301 losses occurring in
previous years 735052 23286
ComptrollerGenerals Report
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 664708 and all
amounts actually received for reinsur
ance in other companies 10612670
total deductions
112773 78
Net amount paid during the year for losses 622278 45
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 352879 08
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 111659 02
8 Paid for State National and local taxes in this and
other States 19902 85
9 All other payments and expenditures 264866 69
Total 1421586 09
Aggregate amount of actual expenditures during the
year in cash 1421586 09
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
2512766 00
43180 18
15514 38
15559 84ComptrollerGenerals Report
287
AMERICAN NATIONAL INSURANCE COMPANY OF GALVESTON
TEXAS
W L Moody Jr President H Sheffield Jr Secretary
J W Popham Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 152397 02
Extended at 152397 02
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
1 Cash received for renewal premiums
without deductions for commissions or
other expenses
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 116110
renewals 42168 total
400871 20
103301 68
1582 84
7 Total premium income 502 590 04
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
14 Cash received for profits on sales of bonds or stocks
15 Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks 6964 98
19 From all other sources viz Sundries 504 97
Total income
Total
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 41166 48
Total 41166 48
7 Total net amount actually paid for losses and matured
endowments
7143 54
114 56
340 00
517658 09
670055 11
41166 48
288
ComptrollerGenerals Report
10 Cash dividends paid policy holders sick and accident
claims
Total paid policyholders3
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 12931204
renewals 2917107 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1327921 in
spection of risks 423871 total
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
22 Cash paid for taxes on reserves and investments
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent including 255565 companys occu
pancy
25 Cash paid for commission to department manager
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 279533 printing 609058
28 Cash paid for sundries
29 Cash paid for the following items viz Legal expenses
Traveling expense
30 Total disbursements
65134 66
106301 14
158483 11
40628 32
17517 92
30624 43
2330 38
933 00
2555 65
19857 00
4121 12
11175 09
3726 69
931 30
8355 73
407540 ss
IVAssets as per Ledger Accounts
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force of
which 85491 was received during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
S ash deposited in banks
10 Agents ledger balance
13 Total net or ledger assets less depreciation 262514 23
Other Assets
15 Interest due and accrued on bonds and
stocks 783 33
16 Interest due and accrued on collateral
loans 1761 31
17 Interest due and accrued on premiums
notes loans or liens 10 00
40736 00
270 00
8243 51
168938 66
28671 29
15654 77
Total carried out
2554 64ComptrollerGenerals Report
289
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
54135 05 t 9322 96
2017 95
4521 18
Totals
25 Deducting loading 25 per
cent on new
56153 00 13844 14
14038 25
3461 03
26 Net amount of uncollected
and deferred premiums
27 Furniture fixtures and safes
Accident deferred premiums
4211475 10383 11
28 Total assets as per books of the company
Items Not Admitted
2 Furniture fixtures and safes 4121 12
5 Agents balances 15654 77
7 Loading on premium notes 45 00
Total
Net reinsurance reserve
6 Claims for death losses and other policy
claims resisted by the company 10000 00
Total policy claims
16 Amount of any other liability of the company viz All
other items
19 Total liabilities
19cg
52497 86
4121 12
5546 21
327234 06
24275 89
9 Total assets less items not admitted 302958 17
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
the Actuaries table of mortality with
four per cent interest 117000 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 952 08
116047 92
10000 00
13485 05
17 Liabilities on policyholders account 139532 97
18 Gross surplus on policyholders account 163425 20
302958 17290 ComptrollerGenerals Report
Business in Georgia During 1907
No Amount
Number and amount of policies onthe lives of citizens
of Georgia issued during the year 36 90500 00
Total 36 90500 00
Total number and amount of policies in force in
Georgia December 31 1907 36 90500 00
Amount of premiums collected or secured during the year in
cash notes or credits without any deduction for losses divi
dends commissions or other expenses total 3249 63
AMERICAN NATIONAL LIFE INSURANCE COMPANY OF
LYNCHBURG VA
W A Taylor President W M Jordan Secretary
Principal Office Lynchburg Virginia
Dorsey E Moorefield and G W Bishop Atlanta Attorneys for Service in
Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 125000 00
Amount of net or ledger assets Decem
ber 31 of previous year 53773 00
Increase of capital during 1907 89120 00
Extended at 12893 00
IIIncome During the Year 1907
1 Cash received tor premiums on new poli
cies without deductions for commissions
or other expenses 58209 09
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 5239 00
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 14310 re
newals 9355 total 236 65
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stocks
63211 44
3379 00
1719 60ComptrollerGeneral s Eeport
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
18 Accident department
19 From all other sources viz Premium on capital stock
Total income
IIIDisbursements for the Year 1907
1 Cash paid for death claims including revisionary addi
tions
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 3906898
renewals 14327 total
18 Cash paid for salaries and allowances to managers and
agents
Agency inspection etc
19 Casu paid for medical examiners fees 455800 inspec
tion of risks 7150 total
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on new premiums and renewals
24 Cash paid for rent including companys occupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 125726 printing 161881
telegraph telephone and express 96625 total
28 Cash paid for legal expenses
29 Cash paid for the following items viz Printing and
stationeryaccident department 27201 commissions
accident department 15411 total
Total miscellaneous expenses
30 Total disbursements i
IVAssets as per Ledger Accounts
2 Loans on mortgage first liens on real estatei
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
5 Premium notes loans or liens on policies in force of
which 1181967 was received during the year
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances of which 149412 was advanced
during the year
13 Total net or ledger assets less depreciation
291
67 62
2483 43
440 25
34505 50
105806 84
500 00
39212 25
4030 31
2863 40
4629 50
11009 28
2025 29
1234 72
1936 33
3842 32
1028 21
426 11
231 11
72968 83
93850 00
33438 14
13118 24
15832 88
66407 00
1494 12
224140 38
292
ComptrollerGenerals Report
Other Assets
14 Interest accrued on mortgages 1316 65
15 Interest accrued on bonds and stocks 77 66
17 Interest accrued on premiums notes loans or liens 75 40
18 Interest due 45000 and accrued 72780 on other
assets total 1177 80
Total carried out
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 17113 72 715 46
24 Gross deferred premiums
on policies in force De
December 31 1907 767 60 126 38
Totals 17881 32
25 Deducting loading 715 per
cent on new and 167
per cent on renewals 13326 68
26 Net amount of uncolleeted
and deferred premiums
27 Furniture fixtures and safes
4554 64
28 Total assets as per the book of the company
Items Not Admitted
2 Furniture fixtures and safes
5 Agents balances
7 Bills receivable
8 Supplies printed matter and stationery
premium notes in excess of value of
policies
841 84
174 75
667 09
3289 25
1494 12
66407 00
30 25
Total 71220 62
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
American Experience with 3 per cent
interest participating 1524900 4 per
cent interest nonparticipating 1498
total 16747 00
647 51
5221 73
3289 25
235298 87
164078 25ComptrollerGenerals Report
293
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
295 00
Net reinsurance reserve 16452 00
12 Amount of National State or other taxes due 486 52
13 Amount due on account of salaries rents and office ex
penses 67200 medical fees 149500 total 2167 00
17 Liabilities on policyholders account 19105 52
18 Gross surplus on policyholders account 144972 73
19 Total liabilities
No
164078 25
Amount
Business in Georgia During 1907
Number and amount of policies on the lives of citizens
of Georgia during the year 137
316000 00
Total 137 316000 00
Deduct number and amount which have ceased to
be in force during the year 15 35000 00
Total number and amount of policies in force in
Georgia December 31 1907 122 281000 00
TNA LIFE INSURANCE COMPANY OF HAETFORD CONNECTICUT
M G Bulkeley President C E Gilbert Secretary
Home Office 650 Main Street Hartford Connecticut
ICapital 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 79936457 76
4 Extended at 79936457 76
IIIncome
5 First years premiums on original poli
cies without deduction for commissions
or other expenses less 109030 for first
years reinsurance 846251 88
6 Surrender values applied to pay first
years premiums 8953 21
7 Total first years premiums on original
policies 855205 09 294 ComptrollerGenerals Beport
8 Dividends applied to purchase paidup ad
ditions and annuitiesi 12394 69
9 Surrender values applied to purchase paid
up insurance and annuities 220439 41
10 Consideration for original annuities in
volving life contingencies 58744 31
11 Consideration for supplementary contracts involving life
contingencies 8675 00
12 Total new premiums 1155458 50
13 Renewal premiums in addition to items
14 15 and 16 without deduction for
Commissions or other expenses less 4
14016 for reinsurance on renewals 8629954 44
14 Dividends applied to pay renewal prem
iums 470275 35
15 Surrender values applied to pay renewal
premiums 582 58
17 Total renewal premiums 9100812 37
18 Total premium income 10256270 87
19 Consideration for supplementary contracts
not involving life contingencies 111290 00
22 Gross interest on mortgage loans 1599015 40
23 Gross interest on collateral loans 48662 30
24 Gross interest on bonds and dividends on
stocks 1251550 09
25 Gross interest on premium notes policy
loans or liens 378934 93
26 Gross interest on deposits in trust com
panies and banks 75292 77
27 Gross interest on other debts due the com
pany 220 00
28 Gross discount on claims paid in advance 2756 80
29 Gross rent from companys property in
eluding 2300000 for companys occu
pancy of its own buildings 35485 50
30 Total gross interest and rents 3 391 917 79
31 Gross profit on sale or maturity of ledger assets viz
Real estate 1190000 bonds 2639375 38293 75
32 Gross increase in book value of ledger assets viz Bonds 144000 00
35 Premium income accident health and liability business 4820997 03
39 Total income 18762769 44
IIIDisbursements
1 For death claims 3510372 44
2 For matured endowments 2129394 009
10
11
12
13
14
15 16
17
18
19 20

21

22
23
24
25
26
27
28
29
30
31
33
ComptrollerGenebals Repobt 295
Net amount paid for losses and matured endowments 563976644
Forannuities involving life contingencies 11241 59
Surrender values paid in cash 692431 26
Surrender values applied to pay new premiums 895321
to pay renewal premiums 58258 9535 79
Surrender values applied to purchase paidup insurance
and annuities 220439 41
Dividends paid to policyholders in cash 435693 61
Dividends applied to pay renewal premiums 470275 35
Dividends applied to purchase paidup additions and an
nuities 12394 69
Total paid policyholders749177814
Expense of investigation and settlement of policy claims
including 225957 for legal expense 2259 57
Paid for claims on supplementary contracts not involving
life contingencies 20042 80
Paid stockholders for interest or dividends 200000 00
Commissions to agents less commissions on reinsurance
first years premiums 32876781 renewal premiums
50140206 annuities original 288174 833051 61
Commuted renewal commissions 14780 21
Salaries and allowances for agencies including managers
agents and clerks 67022 22
Agency supervision traveling and all other agency ex
penses 35345 14
Medical examiners fees 6784200 inspection of risks
2087653 88718 53
Salaries and all other compensation of officers directors
trustees and home office employees 257908 03
Rent including 2300000 for companys ocupancy of its
own buildings 65822 79
Advertising 1352430 printing and stationery 54764
47 postage telegraph telephone and express 5164181 119930 58
Legal expense 8176 45
Furniture fixtures and safes 8214 28
Insurance taxes licenses and department fees 380978 30
Taxes on real estate 12116 76
Repairs and expenses other than taxes on real estate 17903 55
Gross loss on sale or maturity of ledger assets viz
Bonds 9283 33
Gross decrease in book value of ledger assets viz Stocks 49950 00
All other disbursements Exchange 207393 supplies
and incidentals 368045 5754 38
Profit and loss agents balances net 9 78
35 Total disbursementslife business 9689046 45296
ComptrollerGenerals Report
37 Total disbursementsaccident health and liability busi
ness 4527722 91
40 Total disbursements 14216769 36
IVLedger Assets
1 Book value of real estate unincumbered 616795 01
2 Mortgage loans on real estate first liens 41239753 50
3 Loans secured by pledge of bonds stocks or other collat
eral 1363499 81
4 Loans made to policyholders on this companys policies
assigned as collateral 6076735 00
5 Premium notes on policies in force of which 429224 is
for first years premiums 259709 17
6 Book value of bonds excluding interest 2449551943
and stocks 506135395 29556873 38
7 Cash in companys office 665468 78
8 Deposited in trust companies and banks not on interest 1460229 25
9 Deposited in trust companies and banks on interest 3129711 84
10 Bills receivable 6521955 agents balances 4846255 113682 10
12 Total ledger assets 84482457 84
NonLedger Assets
13 Interest due 12181222 and accrued 78697173 on
Mortgages 908783 95
14 Tnterest due 204000 and accrued 15395728 on bonds 155997 28
15 Interest due 1347173 and accrued 516722 on collat
eral loans 18638 95
16 Interest due on premium notes policy loans or liens 255169 98
17 Interest accrued on other assets 1062 01
18 Rents accrued on companys property or lease 1725 00
19 Total interest and rents due and accrued
New Business
1341377 17
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
Renewals
7665 23 652985 79
50017 52 388586 28
25 Totals 57682 75 1041572 07
26 Deduct loading 11536 55 208314 41
27 Net amount of uncollected
and deferred premiums 46146 20 833257 66
879403 85
33 Gross assets
86703238 87ComptrollerGenerals Report 297
Deduct Assets Not Admitted
36 Agents debit balances 48462 55
38 Bills receivable 65219 55
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 1036 28
40 Book value of ledger assets over market
value viz Bonds and stocks 183047 60
43 Total 297765 93
44 Total admitted assets 86405472 89
VLiabilities
Net present value of all the outstanding policies in force on
the 31st day of December 1907 as computed by the
Company on the following tables of mortality and rates
of interest viz
2 American Experience table at 3y2 per cent on 10 year
Renewable Term and part of nonparticipating 1907
issues 433825 00
3 American Experience table at 3 per cent on part of par
ticipating 1907 issues 142624 00
4 Other tables and rates viz 30 American offices 34
per cent on all nonparticipating policies except those
stated in No 2 and on all participating policies except
those stated in No 3 74181077 00
5 Net present value of annuities including
those in reduction of premiums Give
tables and rates of interest viz
On McClintock annuitants at Sy2 per
cent original annuities 133205 00
Supplementary contracts involving life
contingencies 32007 00
Total 74922738 09
6 Deduct net value of risks of this company reinsured in
other solvent companies 43345 00
8 Net reserve 74879393 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 232002 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 13732 00
12 Claims for death losses in process of ad
justment or adjusted and not due 127361 00298
ComptrollerGenerals Report
13 Claims for death losses which have been
reported and no proofs received 54858 00
14 Claims for matured endowments due and
unpaid 51599 00
15 Claims for death losses and other policy
claims resisted by the company 38225 19
17 Total policy claims
19 Premiums paid in advance including surrender values so
applied
20 Unearned interest and rent paid in advance
21 Commissions due to agents on premium notes when paid
39060 other contingent commissions 171170
22 Commissions to agents due and accrued
25 Medical examiners and legal fees due or accrued
26 State county or municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1908
33 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies
35 Special reserve under renewable term contracts
36 Dividends left with the company by the insured payable
on demand
41 Total liabilities accident health and liability business
43 Capital stock
44 Unassigned funds surplus
45 Total liabilities
272043 19
36650 68
163225 32
2102 30
23116 17
1217 00
80655 24
78297 39
154730 44
408575 43
884633 00
314243 10
3273848 25
2000000 00
3587008 38
Business in Georgia During 1907
No
Policies on the lives of citizens of said State in force
December 31 1906 3310
Policies on the lives of citizens of said State issued
increased and revived during 1907 531
86405472 89
Amount
5863531 00
1141542 00
Total 3841 7005073 00
Deduct ceased to be in force and decreased during
the year 474 750139 00
Policies in force December 31 1907 3367 6254934 00
Losses and claims unpaid December 31 1906 4 36 371 00
Losses and claims incurred during the year 52 H2 202 00
Total 56 148573 00
Losses and claims settled during the year in cash 54 42 373 00ComptrollerGeneral s Eeport 299
Loses and claims unpaid December 31 1907 2 6200 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 186195 54
COLUMBIAN NATIONAL LIFE INSURANCE CO OF BOSTON MASS
Arthur E Childs President William H Brown Secretary
Principal Office 176180 Federal St Boston Mass
Alfred C Newell Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets December
ber 31 of previous year 3513175 65
Extended at 3513175 65
IIIncome During the Year 1907
1 Cash received for prem
iums on new policies with
out deductions for com
missions or other ex
penses 98187 08
Industrial premiums 66277 67
1 Cash received for re
newal premiums without
deductions for commis
sions or other expenses 981775 26
2 Premium notes loans or
liens taken in part pay
ment for premiums on
new policies 24422 94
2 Premium notes loans or
liens taken in part pay
ment for renewal prem
iums 120373 28
3 From dividends applied to
pay running premiums 37907 48
3 From dividends applied
to purchase paidup addi
tions and annuities 23 08
4 From surrender values ap
plied to pay running
premiums 1461 91oo
ComptrollerGenerals Report
4 From surrender values
applied to purchase paid
up insurance and annui
ties 11766 82
5 Consideration for annuities
other than matured in
stallment policies 632 41
Total 1342827 93
6 Deduct amount of renewals 9462 36
7 Total premium income 1333365 57
8 Cash received for interest on mortgage
loans 38698 40
9 Cash received for interest on bonds owned
and dividends on Stock 78277 42
10 Cash received for interest on premium
notes loans or liens 11698 92
11 Cash received for interest on other debts
due the company 19689 57
12 Cash received as discount on claims paid
in advance 34 56
13 Consideration for supplementary contracts
not involving life contingencies 20462 65
14 Cash received for profits on sales of bonds
or stocks 31250 all other 859979 8912 29
17 Premium notes loans or liens restored by
revival of policies 275 43
19 From all other sources viz American In
vestment Securities Co 72714 45
Agency deficiency charged off in 1906
made good in 1907 323 70
Total income 1584452 96
Total 5097628 61
IIIDisbursements For the Year 1907
1 ash paid for death claims
including revisionary ad
ditions 168517 46
2 Premium notes loans or
liens used in payment of
the same 84 56
7 Total net amount actually paid for losses 168602 02
8 Cash paid to annuitants 514 00ComptrollerGenerals Report
301
9 Premium notes loans or liens used in pur
chase of surrendered policies 56609
voided by lapse 1668584
9 Premium notes loans or liens used in
payment of dividends to policyholders
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running
premiums
12 Cash dividends applied to purchase paid
up additions and annuities
13 Surrender values paid in cash
14 Surrender values applied to pay running
premiums
15 Surrender values applied to purchase paid
up insurance and annuities
Total paid policyholders 30129634
16 Cash paid stockholders for interest on div
idends
17 Cash paid for commissions and bonuses to
agents less commissions on reinsurance
new policies 43260 94 renewals 8
39276 and on industrial business 7
99255
18 Cash paid for salaries and allowances
to managers and agents
19 Cash paid for medical examiners fees
1093203 inspection of risks and claims
636458
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees
21 Cash paid for taxes on new premiums and
renewals
24 Cash paid for rent less 178819 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 696282 sta
tionery and printing 1074726 postage
telegraph telephone and express 15
76421
28 Cash paid for taxes on furniture etc
21134 for legal expenses 942154
29 Cash paid for the following items viz
Premiums charged off bonds
30 Advance deposits returned to rejected ap
plicants
17251 93
1783 20
8323 65
37907 48
23 18
53661 59
1461 91
11766 82
70000 00
59646 25
120259 48
17296 61
117178 30
39692 37
50174 70
23465 82
1593 35
33474 29
9632 88
3323 15
4126 10302 ComptrollerGenerals Report
31 Agents debit balances of 1906 charged off
9204700 agents debit balances of 1907
charged off 3388188 traveling ex
penses 1375034 miscellaneous 11
40843 151087 65
Total miscellaneous expenses 700
95095
Total disbursements 1002247 29
Balance 4095381 32
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real
estate 1178250 00
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 24225 00
4 Loans made in cash to polieyholders on
this companys policies assigned as col
lateral 190868 62
5 Premium notes loans or liens on policies
in force of which 7215707 was received
during the year 72157 07
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 1967563 33
7 Cash in companys office 247 15
8 Cash deposited in banks 623281 38
10 Agents ledger balances net of which
3746270 was advanced during the year 37462 70
Suspense account 1326 07
11 Total net or ledger assets as per balance
above 4095381 32
12 Deduct depreciation from cost of assets
to bring same to market value 143636 33
13 Total net ledger assets less depreciation 3951744 99
Other Assets
14 Interest due 5232 and accrued 11
59218 on mortgages 11644 50
15 Interest accrued 1374755 on bonds and
stocks 13747 55
16 Interest accrued 57500 on collateral
loans 575 00
17 Interest accrued 131018 on premiums
notes loans or liens 1310 18ComptrollerGeneral s Report
303
18 Interest due 37905 and accrued
12 on other assets and deposits in banks
781 17
Total carried out
28058 40
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 10618 69 121286 48
24 Gross deferred premiums
on policies in force De
cember 31 1907 15828 45 66034 39
Totals
25 Deducting loading 21 per
cent on ordinary
26447 14 187320 87
5553 90 39337 38
26 Net amount of uncollected
and deferred premiums 20893 24 147983 49
Industrial
Gross premiums due and unreported on
policies in force December 31 1907 and
deferred premiums 570 25
25 Deduct loading 55 per cent on industrial 313 63
26 Net amount of uncollected and deferred
premiums 256 62
Extended at 169133 35
28 Total assets as per the books of the company 4148936 74
Items Not Admitted
3 Loading on premium notes disallowed
4 Cash advanced to or in the hands of offi
cers or agents
5 Agents Dr balances
6 Premium notes and loans on pols and net
prems in excess of net value of their
pols
7 Deposits in banks in hands of receivers
8 Suspense account
15152 98
860 16
39307 65
71 99
1162 66
1326 07
Total
57881 51
9 Total assets less items not admitted 4091055 23304
ComptrollerGenerals Report
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
American Table of Mortality with 3
per cent interest 2501888 00
Net reinsurance reserve 2501888 00
3 Claims for death losses due and unpaid 511 40
5 Claims for death losses in process of ad
justment or adjusted and not due 40097 00
6 Claims for death losses and other policy
claims resisted by the company 9478 88
8 Present value of unpaid amounts on ma
tured installment policies 20462 65
9 Policies cancelled on which a surrender
value may be demanded 5599 57
Total policy claims and liabilities
10 Amount of all unpaid dividends of surplus or other des
cription of profits due polieyholders
32 Amount of National State or other taxes accrued
13 Amount due on account of salaries rents and office ex
penses etc
16 Amount of any other liability of the Company viz
Premiums paid in advance 98706 interest paid in
advance 607358
Advance deposits for premiums on applications not yet
approved
76149 50
6066 58
9066 61
8474 61
7060 64
578 73
17 Liabilities on policy holders account 2609284 67
18 Gross surplus on policyholderg account 1481770 56
19 Total liabilities 4091055 23
Business in the State of Georgia During the year 1907
No
Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 229 682272 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 126 232000 00
Total 355
Deduct number and amount which have ceased to be in
force during the year 84
914272 00
224022 00
Total number and amount which have ceased to be in
force in GeorgiaDecember 31 1907 271
690250 00ComptrollerGenerals Report 305
Amount of Losses and Claims on Policies in Georgia
unpaid December 31 of previous year 1 5000 00
Amount of Losses and Claims on Policies in Georgia
incurred during the year 1 2500 00
Total 2 7500 00
Amount of Losses and Claims on Policies in Georgia
paid during the year 2 7500 00
Amount of premiums collected or secured in Georgia
during the year in cash 1629488 in notes or
credit 187222 total 18167 10
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF
HARTFORD CONNECTICUT
John M Taylor President William H Deming Secretary
Principal Office 36 Pearl Street Hartford Connecticut
Frank G Lumpkin Columbus Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets Decem
ber 31 of previous year 6462583136
Extended at 64625831 30
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 399487 28
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 4204213 82
3 From dividends applied to pay running
premiums 907699 92
4 From surrender values applied to pay
running premiums 5138 16
4 From surrender values applied to pur
chase paidup insurance and annuities 52022 53
5 Consideration for annuities other than
matured installment policies 20360 35
Total 5588922 06
7 Total premium income 5588922 06
8 Cash received for interest on mortgage loans 1218622 03
9 Cash received for interest on bonds owned and dividends
on stock 1189614 52
20cg
306
ComptrollerGenerals Report
10 Cash received for interest on premium notes loans or
liens 137847 68
11 Cash received for interest on other debts due the com
pany Collateral loans 2931127 deposits 1802812
total 47339 39
12 Cash received as discount on claims paid in advance 3671 22
13 Cash received for rents for use of companys property
including 35000 for companys own occupancy 489229 91
14 Cash received for profits on sales of bonds or stocks
119363 real estate 12018016 total 121373 79
17 Premium notes loans or liens restored by revival of
policies 372 00
Total income 8796992 60
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 4381511 93
2 Premium notes loans or liens used in
payment of the same 14279 58
3 Cash paid for matured endowments and
additions thereto 286764 32
Total 4682555 83
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
render policies 349733 voided by lapse 900 total
9 Premium notes loans or liens used in payment of divi
dends to policyholders
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums see
item 3 income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 6580740 91
Cash paid for coimnissions and bonuses to agents less
commission on reinsurance new policies 14280542
17
renewals 30567945 annuities 19627 total
18
Cash paid for salaries and allowances to managers and
agents
18 Cash paid for agency supervision traveling and all
other agency expenses
19 Cash paid for medical examiners fees 2575930 in
spection of risks 43689 total
4682555 83
18100 86
3506 33
18363 73
270123 41
907699 92
623230 14
5138 10
52022 53
448681 14
30290 69
39645
26196 19ComptrollerGeneral s Report
307

20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Gash paid for taxes on new premiums renewals reserves
investments insurance department fees and agents
licenses and municipal licenses
23 Cash paid for taxes on real estate
24 Cash paid for rent including 35000 for companys oc
cupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 803284 printing 2772920
28 Cash paid for real estate expenses other than taxes
23411220 for legal expenses 922330 total
29 Cash paid for the following items viz Postage 18
43068 traveling 938454 telegraph 329689 ex
press 195181 miscellaneous 785978 profit and loss
8350584 total
Total miscellaneous expenses 1523143 34
174557 79
217500 83
139627 30
41314 94
1802 09
35762 04
243335 50
124429 54
30 Total disbursements 8103884 25
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 8589168 12
2 Loans on mortgage first liens on real estate 24541933 98
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 25000 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2491335 00
5 Premium notes loans or liens or policies in force received
during the year 374343 68
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 28377882 48
8 Cash deposited in banks 438644 12
9 Bills receivable 2303 14
10 Agents ledger balances 618 27
10 Real estate sold under land contract balance purchase
price 476710 92
11 Total net or ledger assets as per balance above 65318939 71
12 Deduct depreciation from cost of assets to bring same
to market value 1753719 78
13 Total net or ledger assets less depreciation 63565219 93
Other Assets
14 Interest due 2631638 and accrued 55490993 on
mortgages 581226 31
15 Interest accrued on bonds and stocks 262176 84
16 Interest accrued on collateral loans 364 59308 ComptrollerGenerals Report
17 Interest due 13422682 and accrued 1148792 on pre
miums notes loans or liens 145714 74
18 Interest accrued on other assets declared dividends 4520 50
19 Rents due 465236 and accrued 1043504 on com
pany s property or lease 15087 40
Total carried out 1009090 38
New Business Renewals
23 Gross premiums due and
unreported on policies in
fore December 31 1907 3934 37 116211 35
24 Gross deferred premiums
on policies in force De
cember 31 1907 35198 42 387556 11
Totals 39132 79 503767 46
25 Deducting loading 20 per
cent on new and 20
per cent on renewals 7826 56 100753 49
26 Net amount of uncollected
and deferred premiums 31306 23 403013 97 434320 20
28 Total assets as per the books of the company 65008630 51
Items Not Admitted
5 Agents balances 1618 27
7 Bills receivable 2303 14
8V Premium notes and loans on policies and
net premiums in excess of net values of
their policies 1438 00
Total 5359 41
9 Total assets less items not admitted 65003271 10
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
the actuaries table of mortality with
four per cent interest and companys
standard 60180198 00
Net reinsurance reserve 60180198 00
3 Claims for death losses due and unpaid 66489 97
4 Claims for matured endowments due and
unpaid 5695 00ComptrollerGenerals Report 309
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 153867 00
6 Claims for death losses and other policy
claims resisted by the company 5000 00
7 Amounts due and unpaid on annuity
claims 454 24
9V2 Claims for death losses which have been
reported and no proofs received 150474 00
Total policy claims 381980 21
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 1548620 39
16 Amount of any other liability of the company viz
Premiums paid in advance 3292587 unearned inter
est 7824338 real estate contingent depreciation ac
count 30000000 liability on policies canceled upon
which surplus value may be demanded 15464600 565815 25
17 Liabilities on policyholders account 62676613 85
18 Gross surplus on policyholder a account 2326657 25
19 Total liabilities 65003271 10
Business in the State of Georgia during the Year 1908
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force Dec 31 of previous year 526 1370291 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 74 151326 00
Total 600 1521617 00
Deduct number and amount which have ceased to be
in force during the year 44 88315 00
Total number and amount of policies in force in Geor
gia December 31 1908 556 1433302 00
Amount of losses and claims on policies in Georgia
incurred during the year 14 25880 00
Total 14 25880 00
Amount of losses and claims on policies in Georgia
paid during the year 10 20245 00
Amount of premiums collected or secured in Georgia
during the year in cash 4726220
310 ComptrollerGenerals Beport
des moine8 life insurance company of des moines iowa
C E Rawson President Wilmot A Harbaeh Secretary
Principal Office Seventh and Grand Des Moines Iowa
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 1748082 65
Capital subscribed and paid during 1907 100000 00
Extended at 1848082 65
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deduction for commissions
or other expenses 189228 73
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 595428 08
3 From dividends applied to pay running
premiums 27826 00
7 Total premium income 812482 81
8 Cash received for interest on mortgage loans 49722 76
10 Cash received for interest on premium notes policy loans
or liens 32733 91
11 Cash received for interest on other debts due the com
pany 293 19
13 Cash received for rents for use of companys property
including 230000 for companys own occupancy 8252 61
Total income 903485 28
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visiosary additions 238116 66
7 Total net amount actually paid for losses and matured
endowments
8 Applied premiums
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
13 Surrender values paid in cash
Supplementary contracts
16 Expenses of investigating policy claims
238116 66
2756 19
4883 17
27826 00
68226 61
180 46
736 89ComptrollebGeneeals Eepoet
311
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 14193091
renewals 2581711
18 Cash paid for salaries and allowances to managers and
agents and clerks
Agency supervision and traveling expenses
19 Cash paid for medical examiners fees 1540850 in
spection of risks 221536
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid for taxes on real estate
22 Cash paid for taxes on reserves
23 Cash paid for insurance department fees and agents
licenses 1660313 municipal licenses 1660
24 Cash paid for rent including 230000 for companys oc
cupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 335868 printing 661176
telephone express and postage 597146
28 Cash paid for real estate expenses other than taxes
513981 for legal expenses 11750
29 Cash paid for the following items viz Loan expenses
215500 collection and exchange 49559 janitor and
light 18472 miscellaneous 154060
Total miscellaneous expenses 4175 91
30 Total disbursements
IVAssets as Per Ledger Accounts
167748 02
26629 40
10642 72
17623 86
45646 58
368 39
3581 12
16619 73
3080 00
1756 86
15941 90
5257 31
4175 91
661797 78
1 Book value of real estate exclusive of all incumbrances 186638 03
2 Loans on mortgage first liens on real estate 1173193 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 671229 69
5 Premium notes loans or liens on policies in force of
which 16019 is one years premiums 15133 26
7 Cash in companys office 6089 02
8 Cash deposited in banks 27105 72
10 Agents ledger balances 9041 30
Tax certificates 240 13
13 Total net or ledger assets less depreciation 2089570 15
Other Assets
14 Interest due 375929 and accrued 1915031 on
mortgages 22909 60
17 Interest accrued on premiums notes loans or liens 12647 98
18 Interest accrued on other assets 12 20
Total carried out
35569 78312
ComptrollerGenerals Report
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 22242 00 32729 00
24 Gross deferred premiums
on policies in force De
cember 31 1907 50100 104870 00
Totals 22743 00 137599 00
25 Deducting loading 80 per
cent on new and 18
per cent on renewals 18195 00 24768 00
26 Net amount of uneollected
and deferred premiums 4548 00 112831 00 117379 00
27 Furniture fixtures and safes 7000 00
Items Not Admitted
2 Furniture fixtures and safes 7000 00
5 Agents balances 3148 10
6 Loans on personal security endorsed or
not premium notes 7947 00
Total 18095 10
9 Total assets less items not admitted 2231423 83
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
the actuaries table of mortality with
four per cent interest 1800646 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 147 00
Net reinsurance reserve 1800499 00
Special guarantee fund 1075 00 1075 00
Supplementary contracts 8554 10 8554 10
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 14456 48
6 Claims for death losses and other policy
claims resisted by the company 16000 00
Total policy claims 30456 48
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 263127 25CoMPTROLLEBGrENEBALs REPORT 313
11 Premiums paid in advance 24412 00
13 Amount due on medical examiners fees 3300 00
16 Amount of any other liability of the company viz
Premiums paid in advance 2131423 83
Capital stock 100000 00
17 Liability of policyholders account 2131423 83
Capital stock 100000 00
19 Total liabilities 2231423 83
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 3 3000 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 75 123952 00
Total 78 126952 00
Deduct number and amount which have ceased to be
in force during the year 1 1000 00
Total number and amount of policies in force in Geor
gia December 31 1907 77 125952 00
Amount of premiums collected in Georgia during the
year in cash 169613
EQUITABLE LIFE ASSURANCE SOCIETY OF THE
UNITED STATES
Paul Morton President Wm Alexander Secretary
Frank W Burr Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
bem 31 of previous year431105051 09
Extended at 431105051 09
IIIncome During the Year 1907
1 Cash received for premiums
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 2362496 03
1 Cash received for renewal premiums314
ComptrollerGenerals Report
without deductions foT commissions or
other expenses 48323711 56
2 Consideration for supplementary contracts
insurance life contingencies 144943 54
2 Renewal premiums for deferred annuities 10416 69
3 From dividends applied to pay running
premiums 555987 48
3 From dividends applied to purchase
paidup additions and annuities 810580 91
4 From surrender values applied to pay
running premiums 14686 80
4 From surrender values applied to pur
chase paidup insurance and annuities 1948378 65
5 Consideration for annuities other than
matured installment policies 459371 23
Total 54630572 89
6 Deduct amount of xiremiums paid to other
companies for reinsurance on policies in
this company new business 6261241
renewals 13671234 199324 75
7
8
9
10
11
12
13
14
15
16
17
18
19
Total premium income
Cash received for interest on mortgage loans
Cash received for interest on bonds owned and dividends
on stock 10237965 32
Cash received for interest on premium notes loans or
liens 2476207 99
Cash received for interest on other debts due the com
pany 373263 97
Cash received as discount on claims paid in advance 10596 17
Cash received for rents for use of companys property in
cluding 39716106 companys own occupancy 1724409 82
Cash received for profits on sales of bonds or stocks
64169300 real estate 278000 all other 1961618 664089 18
Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks 3600 00
Foreign exchange 26307 34
Consideration for supplementary contracts not involving
life contingencies 102580 00
Gross increase in book value of ledger assets 213192 09
From all other sources viz Interest on collateral loans
and deposits in banks 760001 23
Total income 75160490 61ComptrollerGenebals Eepobt
315
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 18992079 87
3 Cash paid for matured endowments and
additions thereto 4704719 39
Total 23696799 26
6 Deduct amount received from other com
panies for losses or claims on policies
of this company
600 07
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
10 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 running premiums
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 45161363 96
16 Cash paid stockholders for interest on dividends
Gross loss on sale of maturity of ledger assets viz
Eeal estate 4699153 bonds 3803400 stocks 104
11600
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 105440440
renewals 339675972 first year annuities 1541102
renewal annuities 35049
28 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 12859405 in
spection of risks 9975384
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Gross decrease in book value of ledger assets viz
Bonds 30260700 stocks 19123500 other assets
17403204
22 Taxes on real estate
23 Cash paid for insurance taxes department fees and
agents licenses
24 Cash paid for rent including 35618112 companys oc
cupancy less 1620743 received under sublease
25 Expense of investigation and settlement of policy claims
including 2235926 for legal expenses
23696199 19
1142229 84
6142207 75
555987 48
810580 91
10850456 99
15323 15
1948378 65
7000 00
189141 53
4466925 63
681795 58
228347 89
1405892 72
607874 04
325569 24
670859 09
369973 69
22578 56316 ComptrollerGenerals Report
26 Cash paid for furniture fixtures and safes for home and
agency offices 32102 00
27 Cash paid for advertising 2888366 printing 126
44951 postage telegraph telephone and express 113
79170 209124 87
28 Cash paid for real estate expenses and repairs other than
taxes 47659419 for legal expenses 10539975 581993 94
29 Paid for claims on supplementary contracts not involving
life contingencies 144467 34
Agency supervision traveling and all other agency ex
penses 588109 60
All other disbursements Traveling expenses 3671268
Conventions and meetings 1938696 exchange and col
lection 442818 premium on fidelity bonds 630153
Legislative expenses 731329 Examinations and
audits 3400461 safekeeping of securities 364240
Investigation of agents cashiers etc 268106 inves
tors agency reports 537500 association of live insur
ance presidents 875897 miscellaneous expenses 18
23607 election expenses 1194133 158782 08
30 Total disbursements 55971902 36
IVAssets as Per Ledger Accounts
1 Book value of real estate exclusive of all incumbrances 28285455 69
2 Loans on mortgage first liens on real estate 95008970 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 7612000 00
4 Loans made in cash to policyholders on this company s
policies assigned as collateral 49615393 06
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase 253589660 00
7 Cash in companys offices 26718 86
8 ash deposited in banks and trust companies on interest 10104384 12
9 Cash deposited in banks and trust companies not on in
terest 396584 43
10 Agents ledger and miscellaneous balances 4820964 80
Cash in transit 833508 38
13 Total net or ledger assets less depreciation450293039 34
Other Assets
1 1 Interest due 7080521 and accrued 44222556 on
mortgages 5 3030 77
15 Interest accrued on bonds and stocks 2745382 46
16 Interest accrued on collateral loans 51716 62
18 Interest due 4929454 and accrued 804393 on other
assets 57338 47ComptrollerGenerals Report
317
19 Rents due 15592821 and accrued 8443801 on com
pany s property or lease
240366 22
Total carried out 3607834 54
20 Market value of real estate over cost 953500 00
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 20079 00 4559788 00
24 Gross deferred premiums
fan policies in force De
cember 31 1907 110308 00 2726139 00
Totals
25 Deducting loading
130387 00 7285927 00
126077 00 1457185 00
26 Net amount of uncollected
and deferred premiums 104310 00 5828742 00 5933052 00
28 Total assets as per the books of the company460788025
items Not Admitted
5 Agents balances 5098631 48
7 Book value of ledger assets over market
value viz Stocks and bonds 28417986 26
Total 33516617 74
9 Total assets less items not admitted42727140814
VLiabilities
1 Net present value of all the outstanding policies in force
on the 31st day of December 1907 computed according
to the actuaries table of mortality371567681 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 1731670 00
3 Claims for death losses due and unpaid 14808 72
4 Claims for matured endowments due and
unpaid
5 Claims for death losses in process of ad
justment 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 involving life contingencies
377213 24
293946 68
184147 00
50953 00
This items would be reduced to 713691750 and the
Admitted Surplus correspondingly increased if the bonds
were taken at their amortized value
318 ComptrollerGenerals Report
8 Claims for death losses which have been
reported and no proofs received 1736913 86
Total policy claims 2657982 50
9 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be demanded 13821 05
10 Dividends or profits due policyholders including those
contingencies upon the payment of outstanding and de
ferred premiums 852196 20
11 Due and unpaid on supplementary contracts not involv
ing life contingencies 2600 00
13 Amount due on account of salaries rents and office ex
penses bills and accounts due or accrued 42712 17
14 Unearned interest and rent paid in advance 1399215 34
15 Commissions to agents due or accrued 84190 03
16 Premiums paid in advance including surrender values
so applied 587898 00
Medical examiners and legal fees due and accrued 12572 22
Capital stock 100000 00
17 Liabilities on policyholder s account 379094617 91
18 Gross surplus on policyholders account 48176790 23
19 Total liabilities 427271408 14
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 6374 14313297 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 151 472633 00
Total 6525 14785930 00
Deduct number and amount which have ceased to be
in force during the year 428 1018812 00
Total number and amount of policies in force in Geor
gia December 31 19076097 13767118 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 1006 00
Amount of losses and claims on policies in Georgia
incurred during the year 63 173718 00
Total 64 174724 00
Amount of losses and claims on policies in Georgia
paid during the year 57 166128 00
Amount of premiums collected in State 41482066
outside of State 7238192 total 48620258COMPTKOLLEKGrENEKAL s REPORT 319
FIDELITY MUTUAL LIFE INSUEANOE COMPANY PHILADELPHIA
PENNSYLVANIA
L G Fouse President W S Campbell Secretary
Principal Office 112116 N Broad St Philadelphia Pa
T J Arline Savannah Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 12410637 55
Extended at 12410637 55
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 439186 05
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 3424484 42
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies 48946 32
2 Premium notes loans or liens taken in
part payment for renewal premiums 325709 73
3 From dividends applied to pay running
premiums 47494 66
3 From dividends applied to purchase
paidup additions and annuities 4938 93
4 From surrender values applied to pay run
ning premiums 1748 41
4 From surrender values applied to pur
chase paidup insurance and annuities 45933 00
5 Consideration for annuities other than
matured installment policies 18510 99
Total 4356952 51
6 Deduct amount of premiums paid to other
Companies for reinsurance on policies in
this company new business 101927
renewals 441814 5437 41
7 Total premium income 4351515 10
8 Cash received for interest on mortgage loans 66288 59
9 Cash received for interest on bonds owned and dividends
on stock 253233 88
10 Cash received for interest on premium notes loans or
liens 269847 44
11 Cash received for interest on other debts due the company 55706 24320
ComptrollerGenerals Beport
13 Cash received for rents for use of Companys property
including 32500 for companys own occupancy 83034 94
14 Cash received for profits on sales of bonds and stocks
174300 real estate 170020 all other 271810 6261 30
19 From all other sources viz Policy exchange 8433800
policy fees 37450 84712 50
Total income 5170599 99
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 1261986 05
5 Cash paid for sums falling due during the
year on installment policies 30490 32
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
10 Cash dividends paid policyholders
11 ash 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 166636296
17 Cash paid for commisions and bonuses to agents less
commission on reinsurance new policies 25454263
renewals 17930829 annuities 90000
18 Cash paid for salaries and allowances to managers and
agents
Cash paid for agency supervision traveling and all other
expenses
19 Cash paid for medical examiners fees 2220581 in
spection of risks 2367931
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 ash paid for taxes on premiums 6408862 on fran
chise 4000
22 Cash paid for taxes on real estate 1158239 on invest
ments 1189682
23 Cash paid for insurance department fees and agents
licenses 971891 municipal licenses 26853
24 Cash paid for rent including 32500 companys occu
pancy
25 Cash paid for commuting commissions
Cash paid for investigating policy claims
292476 37
2369 71
18343 07
47494 66
4938 93
253058 81
1748 41
45933 00
434750 92
119325 03
44683 34
45885 12
176891 82
64128 62
23479 21
9987 44
56670 15
1476 46
6664 25ComptrollerGenerals Report
321
26 Cash paid for furniture fixtures and safes for home and
agency offices 692 90
27 Cash paid for advertising 1728298 printing and sta
tionery 2913264 postage telephone and telegrams
2259060 69006 22
28 Cash paid for real estate expenses other than taxes 30
90525 for legal expenses 1233238 43237 63
29 Cash paid for following items viz Loss on sale of ledger
assets 8867 36
Loss on decrease in book value of ledger assets 391468
Miscellaneous expenses 633560 10250 28
Total miscellaneous expenses 111599675
30 Total disbursements 2782359 71
IV Assets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 1313969 66
2 Loans on mortgage first liens on real estate 1916367 43
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 337913 75
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 4254676 34
5 Premium notes loans or liens on policies in force of
which 4894632 was received during the year 374656 05
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 5832201 11
7 Cash in companys office 113 21
8 Cash deposited in banks 274319 57
9 Bills receivable 14541 70
10 Agents ledger balances 480119 01
11 Total net or ledger assets
12 Deduct depreciation from cost of assets stocks and
bonds to bring same to market value 236266 11
13 Total net or ledger assets less depreciation 14562611 72
Other Assets
14 Interest due 574454 and accrued 31
44278 on mortgages 37187 32
15 Interest due 225000 and accrued 85
12361 on bonds and stocks 87373 61
16 Interest accrued 141038 on collateral
loans 1410 38
17 Interest due 23736 and accrued 63
39822 on premiums notes loans or liens 63635 58
19 Rents due 22340 on companys property
or lease 223 40
Total carried out 189830 29
21eg322
ComptrollerGenerals Report
20 Market value of real estate over cost
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1907 1437 60
24 Gross deferred premiums
on policies in force De
cember 31 1907 18448 61
37830 34
Renewals
162189 08
296089 02
Totals
25 Deducting loading 56 310
per cent on new and
19 410 per cent on re
newals
26 Net amount of uncollected
and deferred premiums
Extended at
19886 21 458278 10
11195 94
88905 45
8690 27 369372 65
378062 92
28 Total assets 15168335 27
Items Not Admitted
5 Agents balances
7 Bills receivable
480119 01
14541 70
9 Total assets less items not admitted 14673674 56
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to
The Actuaries and American Tables of
Mortality with 3 3 and 4 per cent
interest 13036722 00
Deduct net value of risks of this com
pany reinsured in other solvent
companies 2107 00
132001 80
Net reinsurance reserve 13034615 00
2 Premium notes or loans on policies and other obligations
in excess of the net value of their policies
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
7 Amounts due and unpaid on supplement
ary contracts not involving life contin
gencies
77080 66
42840 00
1100 00ComptrollerGeneral s Report
323
8 Present value of unpaid amounts on ma
tured installment policies face 262
04244
218508 29
Total policy claims
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders
11 Amount of unearned interest and rent paid in advance
12 Amount of National State orother taxes due
13 Amount due on account of salaries rents
office expenses medical examiners etc
14 Amount liability on policies cancelled not included in net
reserve on which a surrender value may be demanded
15 Amount set aside etc awaiting apportionment upon de
ferred dividend policies
Amount of any other liability of the company viz
Premiums paid in advance
Commissions due to agents on premium notes when paid
1063583 commissions due or accrued 648478
16
339528 95
74379 60
52646 50
43479 96
10850 47
9580 34
167612 41
7075 71
17120 61
17 Liabilities on policyholders account 13888891 35
18 Net surplus on policyholders account 784783 21
19 Total liabilities 14673674 56
21 Estimated surplus accrued on all policies 78478321
Business in Georgia During 1907
No
Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
Number and amount of policies on the lives of citi
zens of Georgia issued and paid for during the
year
1397 2767364 00
329
665760 00
Total 1726 3433124 00
Deduct number and amount which have ceased
to be in force during the year 245 439539 00
Total number and amount of policies in force
in Georgia December 31 1907 1481 2993585 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 5000 00
Amount of losses and claims on policies in Georgia
incurred during the year 15 31165 00
Total 17 36165 00
Amount of losses and claims on policies in Georgia
paid during the year in cash 3141500 by com
promise 75000 15 32165 00324
ComptrollerGenerals Report
Amount of premiums collected or secured during the year
without any deduction for losses dividends commissions
or other expenses cash 8481742 notes or credits 11
01789 total
95835 31
FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL
Edgar S Scott President Henry Abels Secretary
Principal Office Springfield Illinois
W T Ledbetter Rome Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 3189427 36
Extended at 3189427 36
IIIncome During the Year 1907
1 Received for premiums on new policies
without deductions for commissions or
other expenses
1 Received for renewal premiums with
out deductions for commissions or other
expenses
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paid up additions and annuities
4 From surrender values applied to pur
chase paidup insurance and annuities
5 Consideration for annuities other than
matured installment policies
Total
117033 32
993360 41
4322 84
51 76
31894 41
1688 70
1148346 44
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 41126
renewals 248647
2897 73
7 Total premium income 1145448 71
8 Cash received for interest on mortgage loans 57652 39
9 Cash received for interest on bonds owned 23078 39
10 Received for interest on premium notes loans or liens 60994 04
11 Cash received for interest on other debts due the Company 11269 06
13 Cash received for rents for use of companys property
including 4000 for companys own occupancy 11657 29ComptrollerGenerals Report
325
14 Cash received for profits on sales of bonds 1095 83
17 Premium notes loans or liens restored by revival of poli
cies 1064 90
333545 30
100 00
16024 20
314 24
4322 84
51 7G
24736 22
Total income 1312260 61
IIIDisbursements For the Year 1907
1 Paid for death claims including revision
ary additions 338545 30
Total 338545 30
6 Deduct amount received form other com
panies for losses or claims on policies of
this company reinsured 5000 00
7 Total net amount actually paid for losses
8 Cash paid to annuitants
9 Premium notes loans or liens voided by lapse
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 41098897
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 6701019
renewals 7247744
18 Cash paid for salaries and allowances to managers and
agents including agency supervision etc
19 Cash paid for medical examiners fees 811500 inspec
tion of risks 439003
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on new premiums renewals taxes on
reserves investments insurance department fees and
agents licenses municipal licenses
24 Cash paid for rent including 4000 companys occupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 123285 printing 659698
postage telegraph etc 537289
28 Cash paid for real estate expenses other than taxes 6
92671 for legal expenses 293465
31894 41
139487 63
32033 68
12505 03
62334 63
23297 66
6177 10
457 93
13202 72
9861 36326
ComptrollerGenerals Report
29 Cash paid for the following items viz Death claim ex
penses 89577 collection 338033 investment ex
penses 121469 miscellaneous expenses 160051
Total miscellaneous expenses 30644904
7091 30
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other market
able collaterals
4 Loans made to policyholders on this companys policies
5 Premium notes loans or liens on policies in force
6 Cost value of bonds owned excluding accrued interest at
time of purchase
8 Cash deposited in banks
10 Agents ledger balances
11 Total net or ledger assets as per balance above
Other Assets
ri7438 01
104000 00
1620082 00
63000 00
1379705 63
30623 08
466621 00
107568 59
12649 66
14 Interest accrued on mortgages 46208 82
15 Interest accrued on bonds 7088 35
16 Interest acrued on collateral loans 500 01
17 Interest accrued on premiums notes loans
or liens 24894 28
18 Interest accrued on other assets 210 66
Total carried out
78902 12
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 12670 76 60047 46
24 Gross deferred premiums
on policies in force De
cember 31 1907 80122 04
Totals 12670 76 140169 50
25 Deducting loading actual
on new and actual on
renewals 7035 33 23245 98
26 Net amount of uncollected
and deferred premiums 5635 43 116923 52
Extended at 122558 95
28 Total assets as per the books of the company 3995 063 82ComptrollerGenerals Beport 327
Items Not Admitted
5 Agents Balances 12649 66
7 Loans liens and net premiums in excess
of reserve 19616 56
9 Total assets less items not admitted 3962797 60
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to
The Actuaries Table of Mortality with
four per cent interest 3284159 00
Deduct net value of risks of this company
reinsured in other solvent companies 1392 00
Net reinsurance reserve 3282767 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 13301 20
6 Claims for death losses and other policy
claims resisted by the company 2008 31
9 Amount trust funds held by the company 15931 18
Total policy claims 31240 69
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 1902 60
13 Amount due on account of salaries rents and office ex
penses 16045 57
16 Amount of any other liability of the company viz
Premiums paid in advance 7210 71
Fund held for special class of policies 11135821 funds
for all other contingencies 51227282 23631 03
17 Liabilities on policyholders account 3339166 57
18 Gross surplus on policyholders account 443083 39
19 Total liabilities 3962797 60
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1664 2408031 57
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 163 366492 55
Total 1827 2774524 12328 ComptrollerGenerals Report
Deduct number and amount which have ceased to
be in force during the year 135 324843 47
Total number and amount of policies in force
in Georgia December 31 1907 1692 2449680 65
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 2062 11
Amount of losses and claims on policies in Georgia
incurred during the year 13 is 473 90
Total 15 20536 01
Amount of losses and claims on policies in Georgia
paid during the year 13 18480 74
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any duduc
tion for losses dividends commissions or other expenses 77850 10
THE GERMANIA LIFE INSURANCE COMPANY OF NEW YORK N Y
Cornelius Doremus President Carl Heye Secretary
Principal Office 20 Nassau St New York N Y
Alexander C King Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 200000 00
Amount of net or ledger assets December
ber 31 of previous year 36448315 37
Extended at 36448315 37
IIIncome During Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 510737 55
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 4112078 04
3 From dividends applied to pay running
premiums 148568 11
3 From dividends applied to purchase
paidup additions and annuities 35890 57
4 From surrender values applied to pur
chase paidup insurance and annuities 141872 13
5 Consideration for annuities other than
matured installment policies 23609 77
Total 4972756 17ComptkollekGenekals Repobt
329
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 325312
renewals 632456
9577 68
7 Total premium income
8 Cash received for interest on mortgage loans 1010551 96
9 Cash received for interest on bonds owned and dividends
on stock 359132 76
10 Cash received for interest on premium notes loans or
liens 157100 95
11 Cash received for interest on other debts due the Com
pany 70667 interets on deposits 969886 10405 53
12 Cash received as discount on claims paid
in advance 54 55
13 Cash received for rents for use of companys property
including 35140 for companys own occupancy 188957 22
14 Cash received for profits on sales of bonds or stocks 217519
19 From all other sources viz Policy fees 2011 62
Total income 6693568 27
IIIDisbursements For the Year 1907
1 Cash paid for death claims including re
visionary additions 1533211 99
3 Cash paid for matured endowments and
additions thereto 1221754 75
5 Cash paid for sums falling due during the
year on installment policies 3000 00
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
10 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
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 360678574
16 Cash paid stockholders for interest 7 and 5 per cent
dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 24788631
renewals 197311 27 annuities 69239
18 Cash paid for salaries and allowances to managers and
agents 10544595 agency supervision expenses 152
85999
2757966 74
39268 38
125384 66
35890 57
35890 57
357835 15
141872 13
24000 00
445889 97
258305 94330 ComptrollerGenerals Report
19 Cash paid for medical examiners fees 2458552 inspec
tion of risks 456790
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on premiums and renewals
22 Cash paid for taxes on reserves 42062 on real estate
3247642
23 Cash paid for insurance department fees agents licenses
and municipal licenses
24 Cash paid for rent including 3514000 companys occu
pancy
25 Cash paid for competing commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 1400078 printing 1819685
postage 2853828
28 Cash paid for real estate expenses other than taxes 68
71158 for legal expenses 518917
29 Cash paid for the following items viz Loss on sale of
real estate 341648 all other disbursements including
583077 expended for improvements of companys of
fice building in St Paul Minn 2254632
Total miscellaneous expenses 123351571
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all ineumbranees
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in company s officeT
8 Cash deposited in banks
10 Agents ledger balances
11 Total net or ledger assets as per balance above
Other Assets
14 Interest due 1550682 and accrued 37784174 on mort
gages
15 Interest due 194666 and accrued 12784916 on bonds
and stocks
17 Interest due 433004 and accrued 1607994 on prem
iums notes loans or leins
19 Bents due 248583 and accrued 621667 on companys
property or lease
Total carried out
29153 42
164506 38
48507 06
32897 04
11313 54
35140 00
20159 64
3043 26
60735 91
73900 75
25962 80
4840301 45
2429111 11
23416668 03
3059796 87
9114088 59
772 99
254977 31
26167 29
38301582 19
393348 56
129795 82
2040998
8702 5b
552256 86
ComptkollerGenerals Eepoet
331
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
3 4572 80 555189 92
39239 33 382382 27
Totals
25 Deducting loading 2250
per cent on new and
2250 per cent on re
newals
53812 13 937572 19
12107 73 21095374
26 Net amount of uncollected
and deferred premiums
Extended at
41704 40 726618 45
768322 85
28 Total assets as per books of the Company 39 622 161 90
Items Not Admitted
5 Agents balances
8 Book value of ledger assets over market value
9 Total assets less items not admitted
VLiabilities
1 Net present value of all outstanding poli
cies in force on the 31st day of Decem
ber 1907 computed according to The
Actuaries Table of Mortality with four
per cent interest and American Experi
ence Table with 3 and 3 per cent in
terest respectively 33438253 00
Deduct net value of risks of this company
reinsured in other solvent companies 44336 00
26167 29
612029 22
38983965 39
Net reinsurance reserve
3 Claims for death loses due and unpaid
4 Claims for matured endowments due and
unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
33393917 00
3492 83
23387 54
153676 19
25500 00332 ComptrollerGenerals Report
7 Amounts due and unpaid on annuity
claims 2684 22
8 Present value of unpaid amounts on ma
tured installment policies 38116 57
Total policy claims 246857 35
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 51443 91
12 Amount of National State or other Taxes due 41078 33
13 Amount due on account of salaries rents and office ex
penses 7737 44
16 Amount of any other liability of the company viz
Premiums paid in advance 1669098 liability on poli
cies cancelled upon which a surrender value may be de
manded 1539246 unearned interest and rent 31
34714 medical examiners and legal fees due 125800
extra reserve for absolute war and world policies 115
94633 180634 91
17 Liabilities on policyholders account 33921668 94
18 Gross surplus on policyholders account 5062296 45
19 Total liabilities 38983965 39
20 Estimated surplus accrued on Tontine or
other policies the profits upon which are
especially reserved for that class of poli
cies ace fund 2204700 01
21 Estimated surplus accrued on all other
policies 2857595 84
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 731 1014102 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 71 110500 00
Total 802 1124602 00
Deduct number and amount which have ceased to
be in force during the year 158 217925 00
Total number and amount of policies in force
in Georgia December 31 1907 644 906677 00
Amount of losses and claims on policies in Georgia
incurred during the year 5 6200 00
Total 5 6209 00ComptrollerGenerals Report 333
Amount of losses and claims on policies in Georgia
paid during the year 5 6200 00
Amount of premiums collected in Georgia during the year in
cash and notes or credits without any deduction for losses
dividends commissions or other expenses cash 30395 23
GREAT AMERICAN LIFE INSURANCE COMPANY ST LOUIS MO
Samuel Quinn President Beauford McKinney Secretary
H W Campbell Cordele Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock paid up in cash 500000 00
IIIncome During the Year 1908
1 Received for capital stoek paid up in cash 500000 00
1 Cash received for premium paid on capital stoek 232075 00
2 Notes of subscribers 440258 73
Total 1172333 73
11 Cash received for interest on other debts due the company 3709 18
Total income 1176042 91
IIIDisbursements For the Year 1908
17 Cash paid for commissions and bonuses to agents for
selling capital stock 126840 75
18 Cash paid for salaries and allowances to managers and
agents 500180 traveling expenses 37086 5372 66
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 6182 57
23 Cash paid for insurance department fees licenses and
charter 328 00
24 Cash paid for rent 5500 00
26 Cash paid for furniture fixtures and safes for home and
agency offices 7181 73
27 Cash paid for advertising 298375 printing 488543
postage telephone telegraph and express 266209 10531 27
29 Cash paid for the following items viz Exchange and
collections 576 26
Interest accrued on bonds when purchased 657 62
Interest accrued on notes when purchased 1085 00
30 Total disbursements 164255 86334
ComptrollerGenerals Report
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 10500 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 101843 87
7 Cash in companys office 328 96
8 Cash deposited in banks 52796 01
9 Bills receivable 440258 73
10 Agents ledger balances of which 605948 was advanced
during the year 6059 48
Certificates of deposit 400000 00
1011787 05
11 Total net or ledger assets as per balance above
Other Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
18 Interest accrued on other assets
212 50
1421 49
1085 00
Total carried out
20 Rent of home office paid in advance
21 Interest accrued on certificates of deposit when exchanged
and advised by bank of credit later
22 Interest accrued on certificates of deposit
28 Total assets
Items Not Admitted
5 Agents balances 6059 48
7 Bills receivable 440258 73
2718 Kit
2708 33
1233 33
33 34
1 1018481 04
Total
446318 21
572162 83
11
12
13
16
17
18
Total assets less items not admitted
VLiabilities
Commissions due agents on subscribers notes when paid 11715 00
Commissions to agents due or accrued 792 60
Amount due on account of salaries and unpaid bills 521 90
Capital stock 500000 00
Liabilities on policyholders account 513029 50
Cross surplus 49992 06
19 Total liabilities 1012421 56COMPTROLLERGrENEKAls REPORT 335
GREAT WESTERN LIFE INSURANCE COMPANY KANSAS CITY MO
O L VanLaningham President E L Biersmith Secretary
Principal Office Tenth St and Grand Ave Kansas City Mo
J E McCullough Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock paid up in cash 100000 00
Extended at 100000 00
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expanses 632581 22
Vz Cash received for renewal premiums
without deductions for commissions or
other expenses 479 27
Total 633060 49
6 Deduct amount of premiums paid to other
companies for reinsurance on policies
in this company 2145 58
7 Total premium income
9 Gross interest on collateral loans
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
12 Interest on deposits
16 Suspense
17 Promotion fund
18 Amount credited to account of outstanding checks
1 Cash paid for death claims including re
visionary additions
3000 00
7 Total net amount actually paid for losses
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies
Renewals
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 2401800 inspec
tion of risks 260400
630914 91
826 34
52 81
32 45
807 79
2502 88
220038 75
4460 11
Total income 859636 04
IIIDisbursements For the Year 1907
3000 00
451507 21
451507 21
15811 04
26622 00330
ComptrollerGenerals Report
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Investment expenses
22 Interest and rediscounts
23 Cash paid for insurance department fees agents and
municipal licenses
24 Accrued interest on investments at time of purchase
25 Cash paid for commuting commissions
26 Redemption of outstanding checks
27 Cash paid for advertising 410252 printing 2343507
telephone telegraph and express 389986
28 Cash paid for legal expenses
29 Cash paid for the following items viz Miscellaneous
Discount on renewal premiums paid in advance
Guaranteed dividendpromotion fund
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
7 Cash in company s office
8 Cash deposited in banks not on interest
8 Cash deposited in banks on interest
9 Bills receivable
10 Agents ledger balances of which 690825 was advanced
during the year
Furniture and fixtures
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages 2366 53
15 Interest accrued on bonds and stocks 1326 00
Total carried out
24 Gross deferred premiums on policies in
force December 31 1907 176464 95
25 Deduct loading on new and renew
als 132348 71
26 Net amount of uncollected and deferred premiums ex
tended at
28 Total assets
35295 30
30 00
53 68
9137 07
7045 75
1188 75
2255 42
31467 45
3707 14
3066 53
15 62
1632 00
591804 06
113400 00
125122 00
3171 06
56673 03
40000 00
40000 00
I 6908 25
22556 74
367831 OS
3692 53
44116 24
415639 85ComptrollerGenerals Report 337
Items Not Admitted
2 Furniture fixtures and safes 22556 74
5 Agents balances 6908 25
7 Mexico and Orient bonds 1000 00
Total 30464 99
9 Total assets less items not admitted 38517486
VLiabilities
ReserveDisability 2658 15
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
American Experience Table with 3 per
cent interest 102782 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 1512 00
Net reinsurance reserve 103928 15
13 Amount due on account of salaries rents and office ex
penses 15192 93
15 Amount due to officers or others for advances on account
of expenses of organization 6040 00
16 Amount of any other liability of the company viz
Premiums paid in advance 47927 suspense 250288 2982 15
Guaranteed dividend promotion fund and checks outstand
ing 24944 69
18 Gross surplus on policyholders account 232086 94
19 Total liabilities 385174 86
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of citi
zens of Geoigia issued during the year 259 851200 00
Total 259 851200 00
Total numtier and amount of policies in force
in Georgia December 31 1907 259 851200 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 cash 18732 14
22cg338 C0MPTR0LLEEGrENEKAls REPORT
CITIZENS LIFE INSURANCE COMPANY LOUISVILLE KY
W H Gregory President J W Peake Secretary
Principal Office 420 West Walnut St Louisville Ky
William H Gregory Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of Capital Stock
paid up in cash 255700 00
Amount of net or ledger assets December
31 of previous year 448548 54
Increase of capital during 1907 49760 00
Extended at 498308 54
IIIncome During Year 1907
1 Cask received for premiums on new poli
cies without deductions for commissions
or other expenses 249455 49
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 425321 42
Total
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
13 Cash received for rents for use of companys property in
cluding 500000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
7500 all other 197929
19 From all other sources viz Inspection of real estate
loans 116420 surplus from sale of stock 7734950
Total income
111Disbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 51666 67
674776 91
8337 34
2838 74
6212 60
6906 91
2054 29
78513 70
779640 49
7 Total net amount actually paid for losses
10 Board contracts
11 Cash dividends applied to pay running premiums
13 Surrender values paid in cash
51666 67
42131 17
7580 51
1198 79ComptrollerGenerals Report
339
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 19418856
renewals 501542 199203 98
18 Cash paid for salaries and allowances to managers and
agents 70340 54
19 Cash paid for medical examiners fees 1640827 inspec
tion of risks 537961 21787 88
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 58773 84
23 Cash paid for insurance department fees and agents and
municipal licenses 10364 14
24 Cash paid for rent including 500000 companys occu
pancy less 190691 received under sublease 7155 17
26 Cash paid for furniture fixtures and safes for home and
agency offices 2681 67
27 Cash paid for advertising 368747 printing 564295
postage telegraph telephone and express 620578 15536 20
Cash paid for real estate expenses other than taxes
337298 for legal expenses 65125 4024 23
Cash paid for the following items viz Taxes on real
estate 112338 taxes on personalty 471712 5840 50
Fire insurance 1900 cash with applications 188470
genral expenses 311727 5020 97
30 Collections 64776 bills payable 3600000 profit and
loss 1121326 47861 02
28
29
31 Total disbursements 551167 28
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 55000 00
2 Loans on mortgage first liens on real estate 215807 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 41900 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 61238 59
5 Premium notes loans or liens on policies in force 47744 27
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 102562 50
7 Cash in companys office 100 00
8 Cash deposited in banks 175894 21
9 Bills receivable 229 89
0 Agents ledger balances 26305 29
72678 75
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
3367 62
99 17
698 50340
ComptbolleeGeneeals Repobt

17 Interest accrued on premiums notes
loans or liens 872 07
18 Interest accrued on other assets 58 60
19 Bents due 125 00
Total carried out
20 Market value of real estate over cost
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 126137 73 60339 57
24 Gross deferred premiums
on policies in force De
cember 31 1907 2340 46 10196 11
Totals 128478 19 70535 68
25 Deducting loading 20 per
cent on new and 20
per cent on renewals 25695 64 14107 14
26 Net amount of uncollected
and deferred premiums 102782 55 56428 54
28 Total assets as per the books of the company
Items Not Admitted
5 Agents balances
6 Loans on personal security endorsed or
not
26305 29
229 89
5220 96
21000 00
159211 09
912213 80
Total 26535 18
9 Total assets less items not admitted 885678 62
VLiabilities
1 Net present value of all outstanding poli
cies in force on the 31st day of Decem
ber 1907 computed according to the
American Experience Table of Mortal
ity with 3 per cent interest 444758 00
Deduct net value of risks of this Com
pany reinsured in other solvent Com
panies 11464 00
Net reinsurance reserve 433294 00
3 Claims for death losses reported and no
proofs received 6000 00COMPTKOLLEKGrENEBAL s RePOKT 341
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 3000 00
6 Claims for death losses and other policy
claims resisted by the company 19000 00
Total policy claims 28000 00
13 Amount due on account of salaries rents and office ex
penses 4076 05
16 Amount of any other liability of the company viz
Premiums paid in advance 826 55
Medical fees 120000 reinsurance due and unpaid
159165 2791 65
17 Liabilities on policyholders account 468988 25
18 Gross surplus on policyholders account 416690 37
19 Total liabilities 885678 62
Business in Georgia During 1907
Number and amount of policies on the lives of citi
No Amount
zens of Georgia in force December 31 of previous
year 430 1372000 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 335 891000 00
Total 765 2263000 00
Deduct number and amount which have ceased to
be in force during the year 176 554500 00
Total number and amount of policies in
force in Georgia December 31 1907 589 1708500 00
Amount of losses and claims on policies in Georgia
incurred during the year 6 21500 00
Total 6 21500 00
Amount of losses and claims on policies in Georgia
paid during the year 4 17500 00
By cash 1000000 by compromise 216667
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 36844 27342 ComptrollerGenerals Report
northwestern national life insurance company of
minneapolis minnesota
L K Thompson President Robert E Esterly Secretary
Principal Office Corner Nicollet Ave and 11th St Minneapolis Minn
Win A Wright Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 4196276 17
Extended at 4196276 17
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 89005 48
12 Total new premiums 89005 48
13 Renewal premiums without deduction for
commissions or other expenses 1081065 24
14 Dividends applied to pay renewal prem
iums 361 67
15 Surrender values applied to pay renewal
premiums and policy loans 111437 91
17 Total renewal premiums 1192864 82
18 Total premium income 1281870 30
22 Gross interest on mortgage loans 171787 27
24 Gross interest on bonds and dividends on
stocks 9126 07
25 Gross interest on premium notes policy
loans or liens 24027 68
26 Gross interest on deposits in trust com
panies and banks 2304 81
29 Gross rent from companys property in
cluding 1200000 for companys occu
pancy of its own buildings 33991 78
30 Total gross interest and rents 241 237 61
34 Profit and loss items 9 817 21
39 Total income 1532925 12
IIIDi sbursements
1 For death claims 417915 31
2 For matured endowments 23861105 dis
ability 12500 238736 05
3 Net amount paid for losses and matured endowments 656 651 36
ComptrollerGenerals Eeport
6 Surrender values paid in cash
7 Surrender values applied to pay renewal premiums and
loans
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums
Total paid policyholders 78734503
16 Commissions to agents less commission on reinsurance
first years premiums 4720046 renewal premiums
148715
17 Commuted renewal commissions
18 Salaries and allowances for agencies including managers
agents and clerks
19 Agency supervision traveling and all other agency ex
penses
20 Medical examiners fees
21 Salaries and all other compensation of officers directors
trustees and home office employees
22 Rent including 1200000 for companys occupancy of
its own buildings
23 Printing and stationery 855522 postage telegraph
telephone and express 515722
24 Legal expenses
25 Furniture fixtures and safes
26 Insurance taxes licenses and department fees
27 Taxes on real estate
28 Repairs and expenses other than taxes on real estate
32 General expenses 3830 10
34 Collection fees 826 63
36 Reinsurance 2619 51
39 Total
343
8154 22
111437 91
10739 87
361 67
48687 61
21875 54
5300 00
9627 66
4107 50
68365 59
12000 00
13712 14
25304 33
1711 72
16753 24
4076 48
14328 90
7276 24
7276 24
40 Total disbursements 1040472 28
IVLedger Assets
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this companys policies
assigned as collateral
6 Book value of bonds excluding interest 18672104
and stocks 908750
7 Cash in companys office
8 Deposited in trust companies and banks not on interest
9 Deposited in trust companies and banks on interest
10 Bills receivable 563549 agents balances 1021116
less suspense 215089 806027
441004 24
3490904 58
429792 57
195808 54
16480 72
8407 53
89812 93
13695 7
344
ComptrollerGenerals Report
11 Oklahoma City 195000 fees mortgaged No 281 624
18 No 449 10069 No 755 8229 No 1240 2504
No 833 3994
2822 14
12 Total ledger assets 4688729 01
NonLedger Assets
13 Interest due 916218 and accrued 60
99126 on mortgages 70153 44
14 Interest accrued 183498 on bonds and
stocks 1834 98
16 Interest due 211387 and accrued 5
02702 on premium notes 7140 89
18 Rents due 4000 and accrued 24166 on
companys property or lease 281 66
19 Total interest and rents due or accrued
20 Market value of real estate over book value
23 Gross premiums due and unreported on
policies in force December 31 1907 6305 55
24 Gross deferred premiums on policies in
force December 31 1907 225890 00
25 Total
26 Deduct loading 6 per cent
232195 55
13931 75
79410 97
14396 75
27 Net amount of uncollected and deferred premiums
28 All other assets Reserve loans
29 Furniture fixtures and safes
30 Auditorium
31 Printing plant
218263 80
248124 85
10000 00
5000 00
2500 00
33 Gross assets 5266425 38
Deduct Assets Not Admitted
34 Item No 11 ledger assets 2822 14
35 Furniture fixtures and safes 17500 00
36 Agents debit balance 8060 27
38 Bills receivable 5635 49
40 Book value of ledger assets over market
value 46 30
42 City Tacoma bonds 532 24
43 Total
44 Total admitted assets
34596 44
5231828 94ma
MBBBBB
ComptrollerGenerals Beport
345
VLiabilities
Net present value of all the outstanding poli
cies in force on the 31st day of Decem
ber 1907 as computed by the company
on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent 4396138 00
2 American Experience table at 3 per cent 83622 00
Total
4479760 00
6 Deduct net value of risks of this company
reinsured in other solvent companies
1284 00
12
13
14
15
Not reserve 4478476 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies 6998 36
Claims for death losses in process of ad
justment or adjusted and not due 23155 26
Claims for death losses which have been
reported and no proofs received 19013 26
Claims for matured endowments due and
unpaid 2065 47
Claims for death losses and other policy
claims resisted by the company 5000 00
17 Total policy claims
19 Gross premiums paid in advance including surrender
values so applied
20 Unearned interest and rent paid in advance
24 Salaries rents office expenses bills and accounts due or
accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise
32 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1908
33 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies
35 Additional reserves
44 Unassigned funds surplus
49233 99
69180 97
4291 64
3500 00
2500 00
90685 38
2429 14
18058 33
310654 44
45000 00
150820 69
45 Total liaiblities 5231828 94346 ComptrollerGenerals Eeport
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 3208 3644884 00
Policies on the lives of citizens of said State issued
during the year 1028 1600303 00
Totai 4236 5245187 00
Deduct ceased to be in force during the year 1069 1109083 00
Policies in force December 31 3167 4136104 00
Losses and claims unpaid December 31 of previous
year 7 5641 28
Losses and claims incurred during the year 59 49778 39
Total 66 55419 67
Losses and claims settled during the year in cash
4730375 by compromise 111500 59 48418 75
Losses and claims unpaid December 31 7 7000 92
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commission or
other expenses 174880 24
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF LOS ANGELES
CALIFORNIA
George C Cochran President J Newton Russell Jr Secretary
Home Office N E Corner of Third and Hill Sts Los Angeles Cal
A C Harmon Savannah 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 of previous year 11852504 79
Extended at 11852504 79
II Income
5 First years premiums on original policies
without deduction for commissions or
other expenses less 606713 for first
years reinsurance 665801 04
6 Surrender values applied to pay first
years premiums 909 24
7 Total first years premiums on original
policies 666710 28
ComptrollebGeneeals Repobt 347
8 Dividends applied to purchase paidup ad
ditions and annuities 130954 06
9 Surrender values applied to purchase paid
up insurance and annuities 5232 52
10 Consideration for original annuities in
volving life contingencies 5434 00
12 Total new premiums 808330 86
13 Renewal premiums without deduction for
commissions or other expenses less
2440869 for reinsurance on renewals 2821769 40
14 Dividends applied to pay renewal prem
iums 72158 34
15 Surrender values applied to pay renewal
premiums 16622 77
17 Total renewal premiums 2910550 51
18 Total premium income 3718881 37
21 Premium notes loans or liens restored by revival of
policies 6198 29
22 Gross interest on mortgage loans 192746 00
23 Gross interest on collateral loans 21066 37
24 Gross interest on bonds and dividends on
stocks 230926 49
25 Gross interest on premium notes policy
loans or liens 93376 21
26 Gross interest on deposits in trust com
panies and banks 10404 38
27 Gross interest on other debts due the com
pany 28273 71
29 Gross rent from companys property in
cluding 2400000 for companys occu
pancy of its own buildings 65189 72
30 Total gross interest and rents 641982 88
31 Gross profit on sale or maturity of ledger
assets viz
Real estate 30484 83
Bonds 11279 94
Stocks 5633 54
47398 31
33 From all other sources
34 Agents balances previously written off 3415 45
35 Accident department income 796809 55
800225 00
39 Total income 5214685 85348
ComptrollerGenerals Report
IIIDisbursements
1 For death claims 85941131 additions
2227200 881683 31
2 For matured endowments 3336100 addi
tions 48000 33841 00
3 Net amount paid for losses and matured
endowments 915524 31
4 For annuities involving life contingencies
5 Premium notes voided by lapse
6 Surrender values paid in cash
7 Surrender values applies to pay new premiums 90924
to pay renewal premiums 1662277
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to polieyholders in cash
10 Dividends applied to pay renewal premiums
11 Dividends applied to purchase paidup additions and an
nuities
12 Total paid polieyholders 1553313 76
13 Expense of investigation and settlement of policy claims
including 639229 for legal expense
14 Paid for claims on supplementary contracts not involving
life contingencies
15 Paid stockholders for interest or dividends
16 Commissions to agents less commissions on reinsurance
First years premiums 45994546 renewal premiums
20457241 annuities original 28691
17 Commuted renewal commissions
18 Salaries and allowances for agencies including managers
agents and clerks
19 Agency supervision traveling and all other agency ex
penses
20 Medical examiners fees 5774815 inspection of risks
896231
21 Salaries and all other compensation of officers directors
trustees and home office employees
22 Kent including 2400000 for companys occupancy of its
own buildings
23 Advertising 1090509 printing and stationery 21
80377 postage telegraph telephone and express 14
40932
24 Legal expense
25 Furniture fixtures and safes
26 Insurance taxes licenses and department fees
27 Taxes on real estate
28 Repairs and expenses other than taxes on real estate
29 Gross loss on sale or maturity of ledger
assets viz
Real estate 10675 91
10996 99
124338 51
226102 95
17532 01
5232 52
50474 07
72158 34
130954 06
6804 34
3513 00
70000 00
664804 78
7000 00
14551 67
28476 05
66710 46
130413 23
31958 94
47118 18
14396 37
345 71
46027 98
5495 82
19534 49ComptrollebGenebals Repoet
349
Bonds
Stocks
Other assets
6561 85
1483 70
540 00
30 Gross decrease in book value of ledger assets viz Eeal
estate
31 All other disbursements give items and
amounts
32 Tax on franchise 5569 37
33 Tax on personal property 713 37
34 Exchange 717 90
35 General expense 5608 65
36 State department examinations 5866 43
37 Library bureau 677 97
38 Accident department disbursements 756575 48
19261 46
107432 13
775729 17
40 Total disbursements 3612887 54
IVLedger Assets
1 Book value of real estate unincumbered 1335476 21
2 Mortgage loans on real estate first liens 407207430
Warrants reclaimed district 407 Sacramento county Cal 24618 66
3 Loans secured by pledge of bonds stocks or other col
lateral 330755 70
4 Loans made to policyholders on this companys policies
assigned as collateral 925702 38
5 Premium notes and liens on policies in force 1094293 07
6 Book value of bonds excluding interest 476105135
and stocks 25935063 5020401 98
7 Cash in companys office 111478 69
8 Deposited in trust companies and banks not on interest 233263 00
9 Deposited in trust companies and banks on interest 232235 77
Deposited in banks that failed 4930 63
10 Bills receivable 1923 54
Unlisted assets 342 30
11 Furniture and fixtures 66806 87
12 Total ledger assets 13454303 10
NonLedger Assets
13 Interest due 58716 and accrued 32
69493 on mortgages 33282 09
14 Interest accrued 8533406 on bonds 85334 06
15 Interest accrued 169383 on collateral
loans 1693 83
16 Interest due 608307 and accrued 3
47576 on premium notes 9558 83350
ComptrollerGenerals Report
17 Interest accrued 147333 on other assets 1473 33
18 Rents accrued 862960 on companys
property 8629 60
19 Total interest and rents due and accrued 139971 74
20 Market value of real estate over book value 51979 71
21 Market value of stocks over book value 34689 37
22 Due from other companies for losses or claims on policies
of this company reinsured 15000 00
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907
less premiums on rein
surance
24 Gross deferred premiums
on policies in force De
cember 31 1907 less
premiums on reinsurance
181365 54 289920 29
29397 24 298345 20
25 Total
26 Deduct loading
210762 78 588265 49
126457 67 73533 18
27 Net amount of uncollected
and deferred premiums 84305 11 514732 31 599037 42
29 Separate nonledger assets of accident department 213348 35
33 Gross assets 14508329 69
Deduct Assets Not Admitted
35 Furniture fixtures and safes 66806 87
36 Unlisted assets 342 30
38 Bills receivable 1923 54
39 Premium notes and loans on policies and
net premiums 117115 00
Cash in banks that failed 4930 63
41 Bonds owned 165441 35
43 Total 356559 69
44 Total admitted assets 14151177 00
VLiabilities
Net present value of all the outstanding poli
cies in force on the 31st day of Decem
ber 1907 as computed by the State De
partment on the following tables of
mortality and rates of interest vizCoMPTROLLERGrESTERAL s REPORT
Actuaries table at 4 per cent on all poli
cies issued prior to January 1 1901 5
59258618 same for revisionary addi
tions 14614318 5738729 36
American Experience table at 3y2 per
cent on all policies issued from Decem
ber 31 1900 to December 31 1907 5
75871969 same for revisionary addi
tions 71440201 6473121 70
American Experience table at 3 per cent
on 1907 edition annual dividend policies
issued during 1907
American Table of Mortality and 3 per
cent interest
351
8360 31
92015 34
Total 12312226 71
6 Deduct net value of risks of this company
reinsured in other solvent companies 102046 63
7 Reserve to provide for health and accident benefits con
tained in life policies carried in accident department
liabilities 12210180 08
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the State Department 11 1Q4 68
12 Claims for death losses in process of ad
justment or adjusted and not due 40785 12
13 Claims for death losses which have been
reported and no proofs received 72981 42
15 Claims for death losses and other policy
claims resisted by the company 13000 00
17 Total policy claims
20 Unearned interest and rent paid in advance
21 Commissions due to agents on premium notes when paid
24 Salaries rents office expenses bills and accounts due or
accrued
25 Medical examiners and legal fees due or accrued
26 State county and municipal taxes due or accrued
39 Commissions due and accrued on Conservative Life Con
tracts
40 Premiums due reinsurance companies
41 Interest due and accrued on reinsurance funds
42 Accident department liabilities
43 Capital stock
44 Unassigned funds surplus
12676G 54
23025 32
2423 37
2552 27
12160 55
7835 62
16296 13
2358 02
1397 10
418651 11
1000000 00
316959 21
Total liabilities 14151770 00352 ComptrollerGenerals Report
Businessin Georgia During 1907
No
Number and amount of policies on the lives of citi
year 776
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 335 512299 00
Total 1111 1855700 00
Deduct number and amount which have ceased
to be in force during the year 173 311175 00
Total number and amount of policies in
force in Georgia December 31 1907 938 1544525 00
Amount of losses and claims on policies in Georgia
unpaid December 31st of previous year 3 5045 00
Amount of losses and claims on policies in Georgia
incurred during the year 15 27684 00
Total 18 32729 00
Amount of losses and claims on policies in Georgia
paid during the year 15 29688 00
Amount of premiums collected or secured in Georgia during
the year in cash notes or credits without any deduction
for losses dividends commissions or other expenses cash 52372 35
PHILADELPHIA LIFE INSURANCE COMPANY PHILADELPHIA PA
Andrew J Maloney President William H Hubbard Secretary
Principal Office North American Bldg Philadelphia Pa
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 559590 00
Amount of net ledger assets December 31
of previous year 86223774
Increase of capital during 1907 16560 00
Extended at 878797 74
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 279955 81
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 403364 70ComptrollerGenerals Report
353
3 From dividends applied to pay running
premiums 2098 48
3 From dividends applied to purchase
paidup additions and annuities 18 45
Total 685437 44
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 259447
renewals 292075 5515 22
7 Total premium income 679922 22
9 Cash received for interest on bonds owned and dividends
on stock 28559 68
10 Cash received for interest on premium notes loans or
Hens 1037 57
11 Cash received for interest and other debts due the com
pany 8132 82
14 Cash received for profits on sales of bonds or stocks 1350 71
19 From all other sources viz Premium on capital stock 15847 50
Total income
734850 50
IIDisbursements For the Year 1907
59553 00
1 Cash paid for death claims including re
visionary additions
7 Total net amount actually paid for losses
10 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
Total paid policyholders 6234043
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 19252680
renewals 2981143
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1275050 inspec
tion of risks 157246
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on new premiums and renewals
23 Cash paid for insurance department fees and agents
licenses 286975 municipal licenses 82610
24 Cash paid for rent including 452496 Companys occu
pancy
26 Cash paid for furniture fixtures and safes for home and
23cg
59553 00
230 50
2098 48
18 45
440 00
222338 23
5264 70
14322 96
52054 52
8034 54
3695 85
4524 96354
CoMPTROLLERCxENERALs REPORT

agency offices
27 Cash paid for advertising 268574 printing 545954
28 Cash paid for real estate expenses
29 Cash paid for the following items viz Postage 8
07327 decrease in book value of bonds 135975 de
crease in liability December 31 1906 capital stock not
yet issued 182370 same agents credit balance 3
58706
Total miscellaneous expenses 33753126
555 94
8145 28
3750 50
14843 78
30 Total disbursements 399 871 59
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 110700 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 10 000 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 4236 68
5 Premium notes loans or liens on policies in force 26989 94
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 888924 81
7 Cash in companys office 1630 36
8 Cash deposited in banks 167165 47
10 Agents ledger balances 4 129 29
11 Total net or ledger assets 1213776 55
Other Assets
14 Interest accrued on mortgages 679 17
15 Interest accrued on bonds and stocks 12142 28
16 Interest accrued on collateral loans 93 33
17 Interest accrued on premiums notes loans
or liens 5497
18 Interest accrued on other assets 369 47
Total carried out 1
21 Market value of bonds and stocks over cost as author
ized by Insurance Department State of Pennsylvania
13339 22
5029 52
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums
ou policies in force De
cember 31 1907
Renewals
1105 00 16635 00
25269 00
5797 00
Totals
25 Deduct loading
26374 00
19286 00
22432 00
4480 00ComptrollerGenekal s Report
355
26 Net amount of uncollected
and deferred premiums 7088 00 17952 00 25040 00
28 Total assets 1257185 29
Items Not Admitted
5 Agents balances 4129 29
8 Supplies printed matter and stationery
excess of premium notes over reserves 4893 00
Total 9022 29
9 Total assets less items not admitted 1248163 00
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries table of mortality with four
per cent interest 349130 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2563 00
Net reinsurance reserve 346567 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 11000 00
6 Claims for death losses and other policy
claims resisted by the company 5000 00
Total policy claims 16000 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 38390 24
13 Amount due on account of salaries rents and office ex
penses 1719 45
16 Amount of premiums paid in advance 3186 63
Commission to agents on premium notes when paid 2
02425 on account of capital stock not yet issued 138 2162 25
17 Liabilities on policyholders account 408025 57
18 Gross surplus on policyholders account 840137 43
19 Total liabilities 1248163 00
20 Estimated surplus accrued
on tontine or other poli
cies the profits upon
which are especially re
served for that class of
policies 232 00356 ComptrollerGenerals Beport
21 Estimated surplus accrued
on all other policies 38158 24
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 17 55000 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 3 10000 00
Total 20 65000 00
Deduct number and amount which have ceased to be
in force during the year 14 39000 00
Total number and amount of policies in force in Geor
gia December 31 1907 6 26000 00
Amount of premiums collected or secured during the year
in cash 26763 notes or credits 60835 total 875 98
PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA
PENNSYLVANIA
George K Johnson President John Humphreys Secretary and Treasurer
Home Office 921 923 and 925 Chestnut Street
Philadelphia Pennsylvania
Henry C Bagley Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 81020277 04
4 Extended at 81020277 04
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 879318 for first
years reinsurance 1762024 59
6 Surrender values applied to pay first
years premiums 3499 77
7 Total first years premiums on original
policies 1765524 36
8 Dividends applied to purchase paidup ad
ditions and annuities 120268 00
9 Surrender values applied to purchase paid
up insurance and annuities 250189 00ComptrollerGenerals Report
357
10 Consideration for original annuities in
volving life contingencies 158730 49
11 Consideration for supplementary contracts
involving life contingencies 5655 98
12 Total new premiums 2300367 83
13 Renewal premiums without deduction for
commissions or other expenses less 67
93142 for reinsurance on renewals 12348053 63
14 Dividends applied to pay renewal pre
miums 1024524 01
15 Surrender values applied to pay renewal
premiums 17748 00
16 Renewal premiums for deferred annuities 9758 22
17 Total renewal premiums 13400083 86
18 Total premium income
19 Consideration for supplementary contracts not involving
life contingencies
21 Premium notes loans or liens restored by revival of
policies
22 Gross interest on mortgage loans 1732257 91
23 Gross interest on collateral loans 109146 57
24 Gross interest on bonds and dividends on
stocks 1570977 69
25 Gross interest on premium notes policy
loans or liens
26 Gross interest on deposits in trust com
panies and banks
27 Gross interest on other debts due the com
pany
29 Gross rent from companys property in
cluding 4780000 for companys occu
pancy of its own buildings
15700451 69
290439 49
5848 62
639654 38
17195 34
16582 07
159493 36

30 Total gross interest and rents
31 Gross profit on sale or maturity of ledger assets viz
Real estate 919542 bonds 24610 92 total
34 Bonus on mortgage loan 2500 00
35 Bonuses on collateral loans 2925 83
36 Suspended bank dividends 1209 39
38 Total
39 Total income
4245307 32
33806 34
6635 22358
ComptrollerGenerals Report
IIIDisbursements
1 For death claims less 4500000 reinsur
ance 457135880 additions 36954 4608312 80
2 For matured endowments 128696725
additions 4476100 total 1331728 25
3 Net amount paid for losses and matured endowments 5940041 05
4 For annuities involving life contingencies 255675 94
5 Premium notes voided by lapse 63 8ig 07
6 Surrender values paid in cash i 029 936 30
7 Surrender values applied to pay new premiums 349977
to pay renewal premiums 1774800 21247 77
8 Surrender values applied to purchase paidup insurance
and annuities 250189 00
9 Dividends paid to policyholders in cash 216293 37
10 Dividends applied to pay renewal premiums 1024524 01
11 Dividends applied to purchase paidup additions and an
nuities 120268 00
12 Total paid policyholders 8921991 51
13 Expense of investigation and settlement of policy claims
including 558382 for legal expense 12087 67
14 Paid for claims on supplementary contracts not involving
life contingencies 151557 92
16 Commissions to agents less commission on reinsurance
first years premiums 82214626 renewal premiums
82226867 annuities original 728348 renewal
61440 total 1652312 81
17 Commuted renewal commissions 23 237 54
18 Salaries and allowances for agencies including managers
agents and clerks 97 079 02
19 Agency supervision traveling and all other agency ex
penses 18976 97
20 Medical examiners fees 11585045 inspection of risks
1403872 total 129889 17
21 Salaries and all other compensation of officers directors
trustees and home office employees 337 281 86
22 Rent including 4780000 for companys occupancy of its
own buildings 119671 24
23 Advertising 2053497 printing and stationery 42
92502 postage telegraph telephone and express 40
99918 total 104459 17
24 Legal expense 21 824 9J
25 Furniture fixtures and safes H 261 78
26 Insurance taxes licenses and department fees 456 924 43
27 Taxes on real estate 37 g34
28 Repairs and expenses other than taxes on real estate 54191 62
29 Gross loss on sale or maturity of ledger assets viz
Real estate 3665 00ComptrollerGenerals Eeport 359
30 Gross decrease in book value of ledger assets viz
24513 85
Bonds
32 Home office expenses 56264 78
33 Damages on account Omaha Neb prop
739 26
erty
34 Award and damages under two policies 6183 95
35 AgentsJ balances charged off 5339 50
68527 49
39 Total
40 Total disbursements 12237087 37
IVLedger Assets
1 Book value of real estate unineumbered 2153449 43
2 Mortgage loans on real estate first liens 36727213 06
3 Loans secured by pledge of bonds stocks or other col
ateral 1841489 41
4 Loans made to policyholders on this companys policies
assigned as collateral 10681657 00
5 Premium notes on policies in force of which 514175 is
for first years premiums 1624236 0
6 Book value of bonds excluding interest 3467772450
and stocks 40272612 total 35080450 62
4551 55
7 Cash m companys office
9 Deposited in trust companies and banks on interest 500014 io
id Bills receivable 32708251 agents balances 1336646 340448 97
11 Bills receivable for premiums
89065678 35
12 Total ledger assets
NonLedger Assets
13 Interest due 35250 and accrued 582
51999 on mortgages 582872 49
14 Interest accrued on bonds 536546 00
15 Interest accrued on collateral loans 7543 21
16 Interest due 327006 and accrued 4
058 77 on premium notes policy loans
7328 83
or liens
18 Rents due 143650 and accrued 5
45643 on companys property or lease 6892 93
19 Total interest and rents due and accrued 1141183 46
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 100010 54 1154869 00360
ComptrollerGenerals Report
24 Gross deferred premiums
on policies in force De
cember 31 1907
94310 94 983216 78
25 Totals
26 Deduct loading
194321 48 2138085 78
41196 15 453274 19
27 Net amount of uncollected
and deferred premiums
28 All other assets Net Deferred annuities
29 Secured profits on real estate under contracts of sale
153125 33 1684811 59
1837936 92
1633 05
2950 00
33 Gross assets
92049381 78
Deduct Assets Not Admitted
36 Agents debit balances 13366 46
37 Cash advanced to or in the hands of offi
cers or agents mfi82 gi
38 Bills receivable m668 M
42 Total
43 Total
44 Total admitted assets
1987699 16
2439816 17
89609565 61
VLiabilities
Net present value of all the outstanding policies in force on
the 31st day of December 1907 as computed by the
Pennsylvania Insurance Department on the following
tables of mortality and rates of interest viz
1 Actuaries table at 4 per cent on all life business issued
prior to May 1 189648284849 00
2 American experience table at 3 per cent on all life
business issued since May 1 1896 and prior to May
1 1902 J
3 American experience table at 3 per cent on all life busi
ness issued since May 1 1902 15282184 00
Jsame for reversionary additions
5 Net present value of annuities including those in redue
7821027 00
1069876 00
tion of
Total
Premiums 2569
463 00
R tvj l 75027399 00
6 Deduct net value of risks of this company reinsured in
other solvent companies
8 Net reserve
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company a actuary
131723 00
74895676 00
1783297 00ComptrollerGeneral s Report
12 Claims for death losses in process of ad
justment or adjusted and not due 461865 92
Matured credits awaiting proof 24581 00
15 Claims for death losses and other policy
claims resisted by the company 12129
from former years 17129 00
361
17
19
20
21
25
26
30
32
33
35
37
44
Total policy claims 503575 92
Premiums paid in advance including surrender values so
applied 65064 48
Unearned interest and rent paid in advance 333936 76
Commissions due to agents on premium notes when paid 26951 46
Medical examiners and legal fees due or accrued 10558 00
State county and municipal taxes due or accrued 518288 09
Dividends or other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 219726 72
Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1908 164637 95
Amounts set apart apportioned provisionally ascertain
ed calculated declared or held awaiting apportionment
upon deferred dividend policies
Special 3 per cent reserve
45
Unassigned funds surplus
Total liabilities
6088365 36
2032539 00
6310 00
2960638 87
89609565 61
Business in the State of Georgia During the Year 1907
No Amount
Policies on the lives of citizens of said State
in force December 31 of previous year 13708 24570636 00
Policies on the lives of citizens of said State
issued during the year 2051 4353538 00
Total 15759 28924174 00
Deduct ceased to be in force during the year 1374 2172450 00
Policies in force December 31 14385 26751724 00
Losses and claims unpaid December 31 of pre
vious year 8 10160 70
Losses and claims incurred during the year 120 289881 51
Total
Losses and claims settled during the year
128 300042 21
122 288542 21
Losses and claims unpaid December 31 6 11500 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 845851 30
362 ComptrollerGeneeals Report
phoenix mutual life insurance company op hartford
connecticut
John M Holcombe President Silas H Cornwell Secretary
Home Office 49 Pearl Street Hartford Connecticut
Chas L Northen Atlanta Attorney for Service in Georgia
1Capital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 21233413 95
4 Extended at 21233413 95
IIIncome
5 First years premiums on original poli
cies without deduction for commissions
or other expenses less 693786 for first
years reinsurance 436545 28
6 Surrender values applied to pay first
years premiums 1407 35
7 Total first years premiums on original
policies 437952 63
8 Dividends applied to purchase paidup ad
ditions and annuities 123772 00
9 Surrender values applied to purchase paid
up insurance and annuities 61666 00
3 0 Consideration for original annuities in
volving life contingencies 15124 30
12 Total new premiums 638514 93
13 Renewal premiums without deduction for
commissions or other expenses less 34
62716 for reinsurance on renewals 3007522 84
14 Dividends applied to pay renewal pre
miums 283846 70
15 Surrender values applied to pay renewal
premiums 16260 68
17 Total renewal premiums 3307 630 22
18 Total premium ineome 3946 145 15
li Consideration for supplementary contracts not involving
life contingencies 4 300 00
22 Gross Interest on mortgage loans 689357 96
24 Gross interest on bonds and dividends on
stocks 258762 50
25 Gross interest on premium notes policies loans or liens 117791 72ComptrollerGenerals Report
363

26 Gross interest on deposits in trust com
panies and banks 10650 75
27 Gross interest on other debts due the com
pany 146 43
28 Gross discount on claims paid in advance 144 38
29 Gross rent from companys property in
eluding 10000 for companys occu
pancy of its own buildings 42019 34
30 Total gross interest and rents 1118873 08
31 Gross profit on sale or maturity of ledger assets viz
Real estate 12824 14
32 Gross increase in book value of ledger assets viz
Bonds 7607 83
Stocks 39970 00
Total 47577 83
34 Agents ledger balances 3926 93
35 Guarantee of Mortgage Loans 202 58
38 4129 51
39 Total income 5133849 71
TTTDisbursements
1 For death claims less 13997 reinsur
ance 119689386 additions 18
50210 total 1215395 96
2 For matured endowments 186604 ad
ditions 864510 total 195249 10
3 Net amount paid for losses and matured endowments 1410645 06
4 For annuities involving life contingencies 11308 00
5 Premium notes voided by lapse 1643 00
6 Surrender values paid in cash 316749 05
7 Surrender values applied to pay new premiums 140735
to pay renewal premiums 1626068 total 17668 03
8 Surrender values applied to purchase paidup insurance
and annuities 61666 00
9 Dividends paid to policyholders in cash 6950 40
10 Dividends applied to pay renewal premiums 283846 70
11 Dividends applied to purchase paidup additions and an
nuities 123772 00
12 Total paid policyholders 2234248 24
13 Expense of investigation and settlement of policy claims
including 63994 for legal expense 1232 02
14 Paid for claims on supplementary contracts not involving
life contingencies 8259 67364
ComptbollebGenerais Report
17
18
19
20
21
22
23
24
25
26
27
28
29
Commissions to agents less commission on reinsurance
first years premiums 20275335 renewal premiums
16290972 annuities original 75621 total
Commuted renewal commissions
Salaries and allowances for agencies including managers
agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees 2669825 inspection of risks
521573 total
Salaries and all other compensation of officers directors
trustees and home office employees
Rent including 10000 for companys occupancy of its
own buildings
Advertising 584581 printing and stationery 23614
75 postage exchange telegraph telephone and express
994536 total
Legal expense
Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
Repairs and expense other than taxes on real estate
Gross loss on sale or maturity of ledger assets viz
Real estate 144 87
Bonds 324 46
Total
30 Gross decrease in book value of ledger assets viz
Bonds 30912 73
Stocks 19161 00
Total 77
32 Agents ledger balances charged off 83 66
33 Miscellaneous expenses 6 256 61
39
366419 28
3836 67
113940 22
11285 12
31913 98
121224 61
10609 50
39405 92
2656 09
3380 93
109742 87
5569 70
19146 81
1569 33
50073 73
6340 27
40 Total disbursements 3 14Q 54 qq
1 VLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Loans made to policyholders on this companys policies
issigned as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest 557511400
and stocks 361890 total
7 ash in companys office
9 Deposited in trust companies and banks on interest
12 Total ledger assets
523746 03
14008132 56
2084427 59
156596 73
5937004 00
609 27
515892 52
23226408 70ComptrollekGtenerals Report 365
NonLedger Assets
13 Interest due 1249569 and accrued
255089 on mortgages 267584 69
14 Interest accrued on bonds 41920 08
16 Interest due on premium notes policy
loans or liens 9254 15
19 Total interest and rents due and accrued 318758 92
i
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 57894 23 216857 02
24 Gross deferred premiums
on policies in force De
cember 31 1907 26563 37 197612 06
25 Totals 84457 60 414469 08
26 Deduct loading 19541 91 88645 05
27 Net amount of uncollected
and deferred premiums 64915 69 325824 03
28 All other assets 390739 72
33 Gross assets 23935907 34
Deduct Assets Not Admitted
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 16781 00
42 Market value of stocks and bonds under
book value 254801 40
43 Total 271582 40
44 Total admitted assets 23664324 94
VLiabilities
Net present value of all the
outstanding policies in
force on the 31st day of
December 1907 as com
puted by the Company
on the following tables
of mortality and rates of
interest viz
1 Actuaries table at 4 per
cent on policies issued
prior to Jan 1 1901 15941094 00366 ComptrollerGenerals Report
Same for reversionary ad
ditions 519884 00 16460978 00
2 American experience table
at Sy2 per cent on
Nonparticipating policies
issued for years 1901 to
1906 inclusive 829159 00
829159 00
3 American experience table
at 3 per cent on partici
pating policies issued af
ter January 1 1901 and
all 1907 issue and ex
tended insurance 5040800 00
Same for reversionary ad
ditions 11038100 515118100
5 Net present value of an
nuities including those
in reduction of premiums
viz
N Y Life Annuity Table
3 per cent for years
1901 to 1906 inclusive 50690 00
Combined experience 4 per
cent to Dec 31 1900 46421 00
McClintocks Annuity Table
SY2 per cent 1907 issue 15139 00
112250 00
Total 22553568 00
6 Deduct net value of risks
of this company reinsur
ed in other solvent com
panies 124271 00
7 Reserve to provide for health and acci
dent benefits contained in life policies 22429297 00
8 Net reserve 22429297 00
9 Present value of amounts not yet due on supplemen
tary contracts not involving life contingencies com
puted by the company on interest basis of 3 per cent 23558 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 16282 00
ComptrollerGenerals Report
12 Claims for death losses in process of ad
justment or adjusted and not due 4933 00
13 Claims for death losses which have been
reported and no proofs received 17759 00
367
17 Total policy claims
19 Premiums paid in advance including surrender values
so applied
20 Unearned interest and rent paid in advance
23 Cost of Collection on uncollected and deferred pre
miums in excess of the loading thereon
25 Medical examiners and legal fees due or accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise
32 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1908
35 Reserve for paidup option
44 Unassigned funds surplus
22692 00
23525 00
60305 00
18473 00
2500 00
23000 00
63522
45 Total liabilities
37463 00
3662 00
10000 00
930045 94
23664324 94
Business in the State of Georgia During the Year 1907
No Amount
Policies on the lives of citizens of said State in force
December 31 1906 921 1853967 00
Policies on the lives of citizens of said State issued
increased and revived during 1907
82
278 521 00
Total
Deduct ceased to be in force and decreased during the
1003 2132488 00
year
124
192400 00
Policies in force December 31 1907 879 1940088 00
Losses and claims unpaid December 31 1906
Losses and claims incurred during the year
15
28082 00
Total
16 31082 00
LossesTnd claims settled during the year in cash 16 31082 00
Premiums collected or secured in cash and notes or
credits without any deduction for losses divi
dends commissions or other expenses 6090106368 ComptrollerGenerals Report
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
John F Dryden President Edward Gray Secretary
Home Office 761 to 769 Broad Street Newark N J
J M Skinner Atlanta Attorney for Service in Georgia
ICapital Stock
3 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31st of previous year123453245 66
4 Extended at 123453245 66
IIIncome
5 First year s premiums on original policies
without deduction for commissions or
other expenses less 627022 for first
years reinsurance 6406608 78
6 Surrender values applied to pay first
years premiums 1724 64
7 Total first years premiums on original
policies 6408333 42
8 Dividends applied to purchase paidup ad
ditions and annuities 52284 65
9 Surrender values applied to purchase paid
up insurance and annuities 1042068 85
10 Consideration for original annuities involv
ing life contingencies 58192 87
11 Consideration for supplementary contracts
involving life contingencies 7291 41
12 Total new premiums 7568171 20
13 Renewal premiums without deduction for
14 15 and 16 without deduction for
commissions or other expenses less
14506101 for reinsurance on renewals 43152309 43
14 Dividends applied to pay renewal pre
miums 137090 03
15 Surrender values applied to pay renewal
premiums 3170 73
16 Renewal premiums for deferred annuities 790 63
17 Total renewal premiums 43 293 360 82
18 Total premium income 50861532 02
19 Consideration for supplementary contracts not involving
life contingencies 178725 25
ComptrollerGenerals Report 369
21 Premium notes loans or liens restored by revival of pol
icies 39239 12
22 Gross interest on mortgage loans 1073328 05
23 Gross interest on collateral loans 346172 10
24 Gross interest on bonds and dividends on
stocks 2928686 79
25 Gross interest on premium notes policy
loans or liens 367811 21
26 Gross interest on deposits in trust com
panies and banks 181940 20
27 Gross interest on other debts due the
company 12949 67
29 Gross rent from companys property in
cluding 42133414 for companys occu
pancy of its own buildings 791568 98
30 Total gross interest and rents 5702457 00
31 Gross profit on sale or maturity of ledger assets viz
Real estate 6167 01
Bonds 37363 13
Total 43530 14
34 Conscience fund 64 00
39 Total income 56825547 53
IIIDisbursements
1 For death claims less 1916600 reinsur
ance 1396951293 additions 47
24280 total 14016755 73
2 For matured endowments 22861410 ad
ditions 210600 total 230720 10
3 Net amount paid for losses and matured endowments 14247475 83
4 For annuities involving life contingencies 60565 18
6 Surrender values paid in cash 981336 60
7 Surrender values applied to pay new premiums 172464
to pay renewal premiums 317073 4895 37
8 Surrender values applied to purchase paidup insurance
and annuities 1042068 85
9 Dividends paid to policyholders in cash 1514499 53
10 Dividends applied to pay renewal premiums 137090 03
11 Dividends applied to purchase paidup additions and an
nuities 5228465
12 Total paid policyholders 18040216 04
13 Expense of investigation and settlement of policy claims
including 399308 for legal expense 8307 57
14 Paid for claims on supplementary contracts not involving
life contingencies 93525 02
24cg370
ComptrollerGenerals Report
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Paid stockholders for interest or dividends
Commissions to agents less commission on reinsur
ance first years premiums 276676398 renewal
premiums 484605912 annuities original 292788
renewal 4472 total
Commuted renewal commissions
Salaries and allowances for agencies including managers
agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees 51551912 inspection of risks
1195800 total
Salaries and all other compensation of officers directors
trustees and home office employees
Bent including 42133414 for companys occupancy of
its own buildings less 151028 received under sublease
Advertising 26989476 printing and stationery 325
35122 postage telegraph telephone and express 137
01542 total
Legal expense
Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
Repairs and expenses other than taxes on real estate
Gross loss on sale or maturity of ledger assets viz
Real estate 11184 13
Bonds 209058 74
Total
32 Law libraries
33 Sundry general incidental expenses
34 Investment expense account
35 Expenses of examination by Department
of Banking and Insurance of the State
of New Jersey
36 Expenses of annual audit by public ac
countants
200000 00
7615795 70
69537 50
2644081 30
231987 00
527477 12
1675953 96
679382 63
732261 40
33844 20
52279 16
1069579 54
190019 72
252052 06
220242 87
1070 60
96377 82
7886 53
11425 27
7500 000
39 Total
124260 22
40 Total disbursements 34460803 01
IVLedger Assets
L Book value of real estate unincumbered 12137831 07
2 Mortgage loans on real estate first liens 26402634 17
3 Loans secured by pledge of bonds stocks or other col
lateral 7777940 00
4 Loans made to policyholders on this companys policies
assigned as collateral 6 280 454 19
ComptbollerGenekal s Report
371
5 Premium notes on policies in force 1153452 10
6 Book value of bonds excluding interest 7726934204
and stocks 2855240 80124582 04
7 Cash in companys office 14141 67
8 Deposited in trust companies and banks not on interest 589674 72
9 Deposited in trust companies and banks on interest 11336632 75
10 Bills receivable 647 47
12 Total ledger assets145817990 18
NonLedger Assets
13 Interest due 4110411 and accrued
48393329 on mortgages 525037 40
14 Interest accrued on bonds 1033522 54
15 Interest accrued on collateral loans
16 Interest due 1847917 and accrued 1
14715 on premium notes policy loans
or liens
17 Interest due on other assets
18 Rents due 164769 and accrued 15
66285 on companys property or lease
54020 67
19626 32
448 91
17310 54
19 Total interest and rents due and accrued 1649966 38
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907
Industrial
Ordinary
24 Gross deferred premiums
on policies in force De
cember 31 1907 ordinary
2045 74 445891 28
51256 61 975038 40
345948 36 2738833 87
25 Totals industrial
Ordinary
26 Deduct loading industrial
50 per cent
Ordinary 20 per cent
2045 74 445891 28
397204 97 3713872 27
1022 87 222945 64
79440 99 742774 45
27 Net amount of uncollected
and deferred premiums
Industrial 1022 87 222945 64
Ordinary 317763 98 2971097 82
Total 3512830 31
28 All other assets Stationery and printed matter 10000 00
29 Furniture fixtures and safes 50000 00
30 Law libraries 6906 81
33 Gross assets 151047693 68372
ComptrollerGenerals Eeport
Deduct Assets Not Admitted
35 Supplies stationery printed matter 10
00000 fiurniture fixtures and safes
5000000 law libraries 690681 66906 81
38 Bills receivable 647 47
41 Bonds and stocks 5733759 04
42 Amounts on deposit in banks which have
suspended payment it is believed that
they will ultimately be paid in full 21713 47
43 Total 5823026 79
44 Total admitted assets145224666 89
VLiabilities
Net present value of all the
outstanding policies in
force on the 31st day of
December 1907 as com
puted by the company on
the following tables of
mortality and rates of in
terest viz
1 Actuaries table at four
per cent on policies is
sued prior to Jan 1 1901 65489853 00
Same for reversionary ad
ditions 184831 00 65674684 00
American experience table
at three per cent on pol
icies issued after Decem
ber 31 1900 and prior to
August 1 19074837547100
Same for reversionary ad
ditions 72404 00 48447875 00
3 American experience table
at three and onehalf per
cent on ordinary policies
issued after July 31 1907
459450 00
459450 00
4 Other tables and rates viz
New York Standard Indus
trial table at three and
onehalf per cent on In
dustrial policies issued af
ter December 31 1906 64543 00ComptrollerGeneral s Report
373
New York Intermediate
table at three and one
half per cent on Inter
mediate and Hazardous
rating policies issued dur
ing 1907
Liability on account of ex
tra premiums for occupa
tion residence etc
342807 00
16040 00
423390 00
5 Net present value of an
nuities including those
in reduction of pre
miums viz
Actuaries table at four
per cent on annuities is
sued prior to January 1
1901
American experience table
at three and onehalf per
cent on annuities issued
after December 31 1900
and prior to January 1
1907
McClintocks tables at
three and onehalf per
cent on annuities issued
after December 31 1906
254308 00
343923 00
52637 00 650868 00
Special reserve to make total reserve
equal Net Reserve according to
Massachusetts standard 3324176 00
Total 118980443 00
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 487798 00
8 Net reserve 118492645 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the assumption of interest rates as follows On par
ticipating policies issued prior to 1901 four per cent
on nonparticipating policies issued prior to 1901 or af
ter July 31 1907 and on income policies three and one
half per cent on all other policies three per cent 400707 07
10 Liability on policies canceled and not included in net
reserve upon which a surrender value may be de
manded 35814100
374
COMPTROLLER GENERALs EePORT
12 Claims for death losses in process of ad
justment or adjusted and not due 307913 58
13 Claims for death losses which have been
reported and no proofs received 554958 87
14 Claims for matured endowments due and
unpaid 7690 55
15 Claims for death losses and other policy
claims resisted by the company 39029 46
17 Total policy claims 909592 46
18 Due and unpaid on supplementary contracts not involving
life contingencies 275 00
19 Premiums paid in advance including surrender values
so applied 421936 19
20 Unearned interest and rent paid in advance 202941 50
21 Commissions due to agents on premium notes when paid 546 12
22 Commissions to agents due or accrued 14280 26
24 Salaries rents office expenses bills and accounts due
or accrued 48605 49
25 Medical examiners and legal fees due or accrued 84355 66
26 State county and municipal taxes due or accrued 872201 57
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 115 178 75
31 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1908
whether contingent upon the payment of renewal pre
miums or otherwise 28 022 00
32 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1908 210849 00
33 Amounts set apart apportioned provisionally ascertain
ed calculated declared or held awaiting apportionment
upon deferred dividend policies 7 004 195 87
34 Reserve or surplus funds not otherwise included in liabil
itiesj 1000000 00
43 Capital stock 2000000 00
44 Unassigned funds surplus 13060193 95
45 Total liabilities 145224666 89
Business in the State of Georgia During the Year 1907
Paid for Business Only
10 t l No Amount
12 Policies on the lives of citizens of said State in
force December 31st of previous year5036 10083505 00
13 Policies on the lives of citizens of said State is
sued during the year 447 1047322 00
H Total 5483 11130827 00
15 Deduct ceased to be in force during the year 444 825 286 00ComptrollerGenerals Report 375
16 Policies in force December 31st5039 10305541 00
17 Losses and claims unpaid December 31st of pre
vious year 8 14500 00
18 Losses and claims incurred during the year 38 81342 53
19 Total 46 95842 53
20 Losses and claims settled during the year in cash
Ordinary 8624253 by compromise 60000 42 86842 53
21 Losses and claims unpaid December 31st 4 9000 00
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses divi
dends commissions or other expenses Ordinary
34808704
THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Chas A Peabody President Wm J Easton Wm Frederick Dix Sees
Home Office 34 Nassau Street New York City N Y
R F Shedden Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year470087987 03
4 Extended at 470087987 03
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 1702432 28
6 Surrender values applied to pay first
years premiums 23447 60
7 Total first years premiums on original
policies 1725879 88
8 Dividends applied to purchase paidup ad I
ditions and annuities 282242 66
10 Consideration for original annuities in
volving life contingencies 510223 80
11 Consideration for supplementary contracts
involving life contingencies 1303847 28
12 Total new premiums 6362380 62
376 ComptkollekGenerals Report
13 Renewal premiums without deduction for
commissions or other expenses less
11256531 for reinsurance on renewals 49557928 83
14 Dividends applied to pay renewal pre
miums 577739 54
15 Surrender values applied to pay renewal
premiums 631011 16
16 Renewal premiums for deferred annuities 30140 05
17 Total renewal premiums 50 276 819 58
18 Total premium income 56639200 20
19 Consideration for supplementary contracts not involving
life contingencies 511 g 5
22 Gross interest on mortgage loans 5576100 39
23 Gross interest on collateral loans 511494 40
24 Gross interest on bonds and dividends on
stocks 12220181 75
25 Gross interest on premium notes policy
loans or liens 2489052 17
26 Gross interest on deposits in trust com
panies and banks 159 454 03
27 Gross interest on other debts due the
company 209735 95
29 Gross rent from companys property in
cluding 36416757 for companys occu
pancy of its own buildings 1668087 34
30 Total gross interest and rents 22 834 106 03
31 Gross profit on sale or maturity of ledger assets viz
Real estate 39660 00
Bonds 83867 60
Stocks 603522 12
Other assets 27880 30 754930 02
32 Gross increase in book value of ledger assets viz
Real estate 4 00
Bonds 313011 74
313015 74
34 Deposits on account of pending insur
ance 19308 82
35 Collections or deposits received on ac
count of othersnot paid out 102071 53
121380 35
39 Total income gl174473 85ComptrollerGenerals Eeport
377
IIIDisbursements
1 For death claims 2229077603 addi
tions 100325678 total 23294032 81
2 For matured endowments 463108225
additions 44451466 total 5075596 91
3
4
6
7
9
10
11
12
13
14
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Surrender values paid in cash
Surrender values applied to pay new premiums 23
44760 to pay renewal premiums 63101116 total
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup additions and an
nuities
Total paid policyholders4365112096
Expense of investigation and settlement of policy claims
including 5486197 for legal expense
Paid for claims on supplementary contracts not involving
life contingencies
Commissions to agents less commission on reinsurance
first years premiums 78011125 renewal premiums
99180814 annuities original 1457507 renewal
47712 total
Commuted renewal commissions
Salaries and allowances for agencies including managers
agents and clerks
Aeency supervision traveling and all other agency ex
794727 15
penses
Medical examiners foes 11272117 inspection of risks
3097293 total
Salaries and all other compensation of officers directors
trustees and home office employees
Rent including 36416757 for companys occupancy of
its own buildings less 450919 received under sublease
Advertising 22853933 printing and stationery 175
51700 postage telegraph telephone and express 205
19420 total
Legal expense 13065462 legislative 2381401 total
Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
Repairs and expenses other than taxes on real estate
Gross loss on sale or maturity of ledger assets viz Real
estate 195799 bonds 36006 96
28369629 72
2812003 11
7493536 03
654458 76
1441324 14
57739 54
2822429 66
65649 71
308124 44
1786971 58
11500 00
1312068 16
143694 10
1200789 89
557431 92
609250 53
154468 63
19371 85
768616 40
351695 58
488310 80
37964 95378
ComptrollerGeneral s Report
30 Gross decrease in book value of ledger
assets viz Real estate 881165 81
Bonds amortization of premium 113801 49
Bonds reduction in book value 2469677 92
3464645 22
32 Exchange 45518 02
33 Traveling general office employees 55
89708 law library and restaurant 44
97057 total 100867 65
34 Cost of election and election list 82
73798 sundries 2960027 112338 25
35 Investment taxes 1287054 other invest
ment expense 543871 total 18309 25
36 Examinations by public accountants and
by State departments 20 902 17
37 Interest accrued at date of purchase on bonds acquired
in 1907
297935 34
79702 21
40 Total disbursements 56104039 42
IVLedger Assets
1 Book value of real estate unincumbered 2940515880
incumbered 400000 total 29 409 158 80
2 Mortgage loans on real estate first liens 125741 83642
3 Loans secured by pledge of bonds stocks or other col
lateral 11805000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 52 Q22 021 33
6 Book value of bonds excluding interest 22292791060
and stocks 4655115216 269479062 76
7 Cash in companys offices 73180 54
8 Deposited in trust companies and banks not on interest 786648 69
9 Deposited in trust companies and banks on interest 5627716 65
10 Agents balances 92302 70
11 Supplies 2710454 suspense 9438903 total 121493 57
12 Total ledger assets
495158421 46
NonLedger Assets
13 Interest due 7049261 and accrued 160175220 on
mortgages
1672244 81
14 Tnterest due 19118340 and accrued 1644976 15
ir rbndS 1836159 55
15 Interest due 25557539 and accrued on collateral loans 255575 39
16 Interest accrued on premium notes policy loans or liens 32284 20
17 Interest due 449866 and accrued 1414187 on other
aSS6tS 1864053COMPTEOLLEEGrENEEAL g RePOET
379
18 Rents due 4067296 and accrued 14390966 on com
pany s property or lease 184582 62
19 Total interest and rents due and accrued 3999487 10
21 Market value of stocks over book value 6536589 72
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 20154 93 3821926 10
24 Gross deferred premiums
on policies in force De
cember 31 1907 80738 29 2408907 69
25 Totals 100893 22 6230833 79
26 Deduct loading 26232 24 1620016 78
27 Net amount of uncollected
and deferred premiums 74660 98 4610817 01 4685477 99
33 Gross assets 510379976 27
Deduct Assets Not Admitted
35 Supplies stationery printed matter 2710454
36 Agents debit balances 92302 70
37 Cash advanced to or in the hands of officers or agents 8779 96
40 Book value of ledger assets over market value 15989158 97
41 Suspense items 85609 07
43 Total 16202955 24
44 Total admitted assets494177021 03
VLiabilities
Net present value of all the
outstanding policies in
force on the 31st day of
December 1907 as com
puted by the Insurance
department of the State
of New York on the fol
lowing tables of mortal
ity and rates of interest
viz
1 Actuaries table at 4 per
cent on policies issued
prior to Jan 1 1898240183257 00
Same for reversionary ad
ditions 10250750 00 250434007 00380
COMPTROLLERGrENERAL S REPORT
2 American experience table
at 3 per cent on pol
icies issued January 1
1898 to December 31
1906 inclusive 136786228 00
Same for reversionary ad
ditions 1974492 00138760720 00
American experience table
at 3 per cent on policies
issued after December 31
1906
1125713 00
Same for revisionary ad
ditions 1125713 00
5 Net present value of an
nuities including those
in reduction of pre
miums Give tables and
rates of interest viz
4 per cent on annuities
issued prior to January
1 1898 6590951 00
3 per cent on annuities
issued Jan 1 1898 to
Dee 31 1906 inclusive 21578340 00
3 per cent on annuities is
sued after December 31
1906 1659287 00 29828578 00
Total 420149018 00
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 54276 00
420094743 00
8 Net reserve 420094742 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
11 Claims for death losses due and unpaid 392553 25
12 Claims for death losses in process of ad
justment or adjusted and not due 972559 43
13 Claims for death losses which have been
reported and no proofs received 1406366 49
2062549 60
70352 65ComptbollebGeneeals Eepokt
381

14
15
16
17
18
19
20
22
24
25
30
31
32
33
39
40
45
12
13
14
15
16
17
Claims for matured endowments due and
unpaid
Claims for death losses and other policy
claims resisted by the company
Due and unpaid on annuity claims in
volving life contingencies
123933 56
321542 00
182178 42
Total policy claims
Due and unpaid on supplementary contracts not involv
ing life contingencies
Premiums paid in advance including surrender values
so applied
Unearned interest and rent paid in advance
Commissions to agents due or accrued
Salaries rents office expenses bills and accounts due
or accrued including 374941 expenses of real estate
Medical examiners and legal fees due or accrued
Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise
Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1908
Amounts set apart apportioned provisionally ascertain
ed calculated declared or held awaiting apportionment
upon deferred dividend policies
Deposits on account of pending insurance
Due sundry parties for collections made or deposits held
for their account
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 year11511
Policies on the lives of citizens of said State is
sued during the year
3399133 15
844 26
662282 24
1166078 10
2821 76
10033 86
8631 95
135373 04
312
7144884 12
57530769 45
150772 01
571634 94
494177021 03
1907
Amount
25082107 00
696811 00
Tota 11823 25778918 00
Deduct ceased to be in force during the year 853 2087275 00
Policies in force December 31 10970 23691643 00
Losses and elaims unpaid December 31 of pre
15 20704 50
vious year x
Losses and claims incurred during the year 183 605124 04
18
19 Total
198
625828 54382
ComptrollerGenerals Report
20 Losses and claims settled during the year in
cash 59480911 by compromise 904000 188
21 Losses and claims unpaid December 31
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
86802284
60384911
10
21979 43
59
NATIONAL LIFE INSURANCE COMPANY OF CHICAGO ILLINOIS
A M Johnson President Robert D Lay Secretary
Principal Office 159 LaSalle Street Chicago Illinois
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets Decem
ber 31 of previous year 6273303 59
Extended at 6273303
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 1423212
2 Premium notes loans or liens taken in
part payment forrenewal premiums
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4From surrender values applied to pur
chase paidup insurance and annuities
380528 45
09
83967 47
224 20
228 16
26358 68
Total 1914519 05
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 30340
renewals 586460 total 6168 00
7 Total premium income 1908351 05
8 Cash received for interest on mortgage loans 92 617 70
9 Cash received for interest on bonds owned and dividends
on stock 195732 31ComptkollerGeneeal s Report
383
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
14 Cash received for profits on sales of bonds or stocks
31800 real estate 21253 total
15 Increase in book value of real estate
16 Consideration for supplementary contracts not involving
life contingencies
17 Premium notes loans or liens restored by revival of pol
icies
19 From all other sources viz Charged off collateral and
mortgage loans paid 17500 charged off bonds sold
732 charged off ledger balance paid 39035 charged
off real estate sold 48675 profit and loss 6851 total
43725 81
46996 19
15090 22
530 53
60000 00
4915 00
843 71
1852 61
Total income 2370655 13
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions
3 Cash paid for matured endowments and
additions thereto
386869 77
707 00
Total 387570 77
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured
25000 00
9
10
11
12
13
15
16
17
Total net amount actually paid for losses and matured
endowments
Cash paid to annuitants
Premium notes loans or liens 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 purchase paidup insurance
and annuities
Total paid policyholders 487915 10
Paid for claims on supplementary contracts not involv
ing life contingencies
Cash paid stockholders for interest on dividends
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 28462595
renewals 4979404 total
Cash paid for salaries and allowances to managers and
agents
362576 77
2610 68
3001 29
4740 54
224 20
228 16
88174 78
26358 68
9609 56
50000 00
334419 99
56182 67384
ComptrollerGenerals Report
19 Cash paid for medical examiners fees 2912448 in
spection of risks 528806 total 34412 54
Agency supervision traveling and all other agency ex
penses 441 93
20 ash paid for salaries and all other compensation of offi
cers and other home office employees 87138 58
21 Cash paid for taxes on real estate 3028 03
Loss on sale or maturity of ledger assets 678525 de
crease in book value of ledger assets 6020000 total 66985 25
23 Cash paid for insurance department fees and agents
licenses 30584 91
24 Cash paid for rent 11 265 68
25 Cash paid for commuting commissions 10 965 99
26 Cash paid for furniture fixtures and safes for home and
agency offices 1 407 61
27 Cash paid for advertising 490091 printing 1277757
postage telegraph telephone and express 731246 24990 94
28 Cash paid for legal expenses 24 406 66
29 Cash paid for the following items viz Taxes personal
property 155567 exchange and collection 55111
investment expenses 218354 miscellaneous expenses
155933 agents balance charged off 3763797 bills
receivable charged off 36864 profit and loss 2000 43876 26
Total miscellaneous expenses 78971660
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 ash deposited in banks
11 Total net or ledger assets less depreciation
Other Assets
14 Interest due 452235 and accrued 30
34863 on mortgages 34870 98
15 Interest accrued on bonds and stocks 2221 67
1 7 Interest accrued on premiums notes loans
or liens 1155 82
1277631 70
368435 84
1893052 58
22900 00
518373 63
50692 92
4041206 86
17157 17
454508 02
7366327 02ComptrollerGenerals Report
385
18 Interest accrued on other assets
19 Rents due on companys property or lease
304 00
499 83
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks oveT cost
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 111068 96 95887 26
24 Gross deferred premiums
on policies in force De
cember 31 1907 10666 30 160265 37
39052 30
10815 00
504643 14
Totals 121735 26 256152 63
25 Deduct loading 96856 09 57688 95
26 Net amount of uncollected
and deferred premiums 24879 17 198463 68
223342 85
28 Total assets as per the books of the company
Items Not Admitted
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries and American tables of mor
tality with four and 3 per cent in
terest 6643550 65
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
8144180 31
29041 00
Net reinsurance reserve
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
7 Amounts due and unpaid on annuity
claims
8 Present value of unpaid amounts on ma
tured installment policies
6614509 65
35023 52
3000 00
1333 34
45442 23
Total policy claims
84199 09
25cg386 ComptrollerGenerals Report
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholdersT 240 00
11 Dividends declared on deferred dividend policies payable
during 1908 5404 09
12 Dividends declared on annual dividend policies payable
during 1908 1204 58
13 Amount due on account of salaries rents and office ex
penses 3000 00
14 Amounts due agents for commissions on premium notes
when paid 2091 52
15 Unearned interest and rents paid in advance 15036 22
16 Amount of any other liability of the company viz
Premiums paid in advance 43737 74
Dividends apportioned payable to policyholders subse
quent to 1908 314138 93
17 Liabilities on policyholders account 7084251 82
18 Gross surplus on policyholders account 1059928 49
19 Total liabilities 8144180 31
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 918 1273665 61
Number and amount of policies on the lives of citizens
of Georgia issued during the year 358 442887 42
Total 1276 1716553 03
Deduct number and amount which have ceased to be
in force during the year 247 355641 48
Total number and amount of policies in force in Geor
gia December 31 19071029 136091155
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 500 00
Amount of losses and claims on policies in Georgia
incurred during the year 11 23500 00
Total 12 24000 00
Amount of losses and claims on policies in Georgia
paid during the year 11 22000 00
Amount of premiums collected in Georgia during the
year in cash 4095506ComptrollerGenerals Report
387
THE GUARANTEE LIFE INSURANCE COMPANY OF HOUSTON
TEXAS
Jonathan Lane President Chaa Boedeker Secretary
Edgar Watkins Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 122815 01
Extended at 122815 01
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 122177 06
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 20730 77
Total 142907 85
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 281859
renewals 38690 total 3205 49
7 Total premium income 139702 34
8 Cash received for interest on mortgage loans 2089 10
10 Cash received for interest on premium notes loans or
liens 28 07
11 Cash received for interest on other debts due the com
pany
19 From all other sources viz Sale income bonds 10000
W R P Thompson 4562600 total
234 00
10456 26
Total income 152509 77
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
versionary additions
5000 00
7 Total net amount actually paid for losses and matured
endowments
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies
19 Cash paid for medical examiners fees 6505 inspection
of risks 135240 total
5000 00
100682 23
7857 40388
ComptrollerGenerals Report
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
23 Cash paid for insurance department fees
24 Cash paid for rent
27 Cash paid for advertising 122623 printing 306475
postage telegraph and express 55567 total
28 Cash paid for real estate expenses
29 Cash paid for the following items viz Furniture and
fixtures 40020 taxes capital stock 183594 actuar
ies fees 1040 premium on bonds 60 collection and
exchange 2809 office expenses 53460 traveling ex
penses 74485 organization expenses 1697 special
contract earnings 789 paid agency superintendent
balance due 3608 total
30
13
14
17
Interest accrued on mortgages
Interest accrued on premiums notes loans
or liens
Interest accrued on other assets
3906 78
11 44
2 68
Total carried out
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 28133 20 2412 28
24 Gross deferred premiums
on policies in force De
cember 31 1907 2227 27
Totals 30360 47 2412 28
25 Deduct loading 75 per
cent on new 22770 35 1809 21
26 Net amount of uncollected
and deferred premiums 7590 12 603 07
28 Total assets as per the books of the company
13914 77
559 46
1235 00
4826 65
3201 96
7165 74
Total disbursements 144443 20
IVAssets as Per Ledger Accounts
Loans on mortgage first liens on real estate
Premium notes loans or liens on policies in force of
which 8745 was received during the year
Cash deposited in banks
Bills receivable
Accounts receivable
Total net or ledger assets less depreciation
Other Assets
112000 00
1374 19
17190 96
150 00
166 42
130881 57
3920 90
8193 19
142995 66ComptrollerGenerals Report 389
Items Not Admitted
6 Loans on personal security endorsed or
not 308 42
Deposit in T W Hause Bank marked
affc 50 per cent 1324 87
Premium notes in excess of net value 1031 67
Total 2664 90
9 Total assets less items not admitted 140330 70
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
American table of mortality with 3
and 4 per cent interest 24496 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 1133 00
Net reinsurance reserve 23363 00
14 Amount due V R P Thompson 456 26
Reserve for disability feature 193 due on supplement
ary contracts not involving life contingencies 18420 377 20
17 Liabilities on policyholders account 24196 40
18 Gross surplus on policyholders account 116134 24
19 Total liabilities 140330 70
GREENSBORO LIFE INSURANCE COMPANY OF GREENSBORO
NORTH CAROLINA
J W Fry President E Colwell Jr Secretary
Principal Office Greensboro N C
ICapital Stock
1 Amount of capital stock
paid up in cash 146400 00
Amount of net or ledger assets Decem
ber 31 of previous year 188571 99
Extended at N571 99390
ComptrollerGenerals Report
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 108462 10
1 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 pol
icies
2 Premium notes loans or liens taken in
part payment for renewal premiums
3 From dividends applied to pay running
premiums
3y2 From dividends applied to purchase
paidup additions and annuities
115733 61
17839 54
33304 59
13 07
3 15
Total 275356 06
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
19 From all other sources viz Matured installment poli
cies
Total income
275356 06
6625 83
1535 00
556 85
523 55
7703 00
292300 29
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 33763 00
5 Cash paid for sums falling due during the
year on installment policies 493 80
Total
34256 80
7 Total net amount actually paid for losses and matured
endowments 34256 80
9 Premium notes loans or liens voided by lapse 3435 82
11 Cash diivdends applied to pay running expenses 13 07
12 Cash dividends applied to purchase paidup additions and
annuities 3 15CoMPTROLLERGrENERAL s REPORT
391
Total paid policyholders 37708 84
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 8517429
renewals 633333 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 18845 inspec
tion of risks 343536 total
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
24 Cash paid for rent including 1140 for companys occu
pancy
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising and printing
28 Cash paid for real estate expenses other than taxes
29722 for legal expenses 229229 total
29 Cash paid for the following items viz Postage tele
graph and express
General expense 287078 profit and loss 52908 rein
surance 929623 total
Total miscellaneous expenses 17372495
30 Total disbursements
IVAssets as per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages 1043 54
15 Interest accrued on bonds and stocks 200 00
17 Interest accrued on premiums notes loans
or liens 442 35
91507 62
11764 94
22280 36
16405 55
2695 25
1140 00
2574 69
889 88
7099 31
2589 51
2081 75
12696 09
211433 79
18100 00
134000 00
600 00
18065 26
27791 32
53475 00
8221 80
2590 00
6595 11
269438 49
Total carried out
20 Market value of real estate over cost
1685 89
6200 00392 ComptrollerGenerals Report
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 29399 40 22218 12
24 Gross deferred premiums
on policies in force De
cember 31 1907 2998 04
Totals 29399 40 25216 1G
25 Deduct loading 20 per
cent on new and 20
per cent on renewals 5879 88 5043 23
26 Net amount of uncollected
and deferred premiums 23519 52 20172 93 43692 45
27 Furniture fixtures and safes 2662 93
28 Total assets as per the books of the company 323679 76
Items Not Admitted
2 Furniture fixtures and safes 2662 93
5 Agents balances 6595 11
7 Bills receivable 2590 00
Total 11848 04
9 Total assets less items not admitted 311831 72
Liabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries table of mortality with four
per cent interest 143885 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 6400 00
Net reinsurance reserve 137 395 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 000 00
6 Claims for death losses and other policy
claims resisted by the company 2000 00
8 Present value of unpaid amounts on ma
tured installment policies face 2000 1340 00
Total policy claims 4 340 go
CompteolleeGeneeals Repoet
393

16 Premiums paid in advance
Interest paid in advance
23 84
497 46
17 Liabilities on policyholders account 142256 30
18 Gross surplus on policyholders account 169575 42
19 Total liabilities 311831 72
Business in the Stateof Georgia During the Year 1907
Number and amount of policies on the lives of citizens
of Georgia issued during the year 34 59500 00
Deduct number and amount which have ceased to be
in force during the year 1 3000 00
Total number and amount of policies in force in Geor
gia December 31 1907 33 56500 00
Amount of premiums collected during the year in cash
and notes or credits 87464
HOME LIFE INSURANCE COMPANY OF NEW YORK
George E Ide President Ellis W Gladwin Secretary
Home Office 256 Broadway New York N Y
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid
up in cash 125000 00
2 Amount of ledger assets as per balance
December 31 of previous year 18772862 35
4 Extended at 18772862 35
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 229512 for first
years reinsurance 238178 81
7 Total first years premiums on original
policies
8 Dividends applied to purchase paidup ad
ditions and annuities
10 Consideration for original annuities in
volving life contingencies
11 Consideration for supplementary contracts
involving life contingencies
238178 81
259619 32
20961 11
4448 99
12 Total new premiums
523208 23394 ComptrolleeGeneeals Repobt
13 Eenewa premiums without deduction for
commissions or other expenses less 20
81368 for reinsurance on renewals 2774122 51
14 Dividends applied to pay renewal pre
miums 24827 28
16 Renewal premiums for deferred annuities 30420 63
17 Total renewal premiums 2829370 42
18 Total premium income 3352578 65
19 Consideration for supplementary contracts not involving
life contingencies 30749 00
22 Gross interest on mortgage loans 282759 15
24 Gross interest on bonds and dividends on
stocks 392383 16
25 Gross interest on premium notes policy
loans or liens 140949 35
26 Gross interest on deposits in trust com
panies and banks 5750 96
27 Gross interest on other debts due the
company 2316 03
28 Gross discount on claims paid in advance 656 22
29 Gross rent from companys property including 2400000
for companys occupancy of its own
buildings 103069 41
30 Total gross interest and rents 927884 33
31 Gross profit on sale or maturity of ledger
assets viz
Stocks 24475 00
Other assets 1894 64 26369 64
32 Gross increase in book value of ledger
assets viz
Bonds decrease in amortization fund 5934 30
5934 30
34 Sale of rights on stocks 10575 00
39 Total income 4354090 92
IIIDisbursements
1 For death claims 108925652 additions
8100 total 1089337 52
2 For matured endowments 17894700 ad
ditions 11537167 total 294318 67
3 Net amount paid for losses and matured endowments 1383656 19ComptrollerGenerals Report
395
4 For annuities involving life contingencies
5 Surrender values paid by the liquidation of premium
loans
6 Surrender values paid in cash
Surrender values paid by cash loans to policyholders
9 Dividends paid to policyholders in cash
Dividends paid by the liquidation of premium loans
10 Dividends applied to pay renewal premiums
11 Dividends applied to purchase paidup additions and an
nuities
12 Total paid policyholders 2109557 85
13 Expense of investigation and settlement of policy claims
including 95253 for legal expense
14 Paid for claims on supplementary contracts not involving
life contingencies
15 Paid stockholders for interest or dividends
16 Commissions to agents less commission on reinsurance
first years premiums 10795481 renewal premiums
23438248 annuities original 90407 renewal
251994 total
18 Salaries and allowances for agencies including managers
agents and clerks
19 Agency supervision traveling and all other agency ex
penses
20 Medical examiners fees 1419601 inspection of risks
247298 total
21 Salaries and all other compensation of officers directors
trustees and home office employees
22 Rent including 2400000 for companys occupancy of
its own buildings
23 Advertising 1141984 printing and stationery 13
58615 postage 462540 total
24 Legal expense
25 Furniture fixtures and safes
26 Insurance taxes licenses and department fees
27 Taxes on real estate
28 Repairs and expenses other than taxes on real estate
29 Gross loss on sale or maturity of ledger
assets viz
Real estate
Other assets
30 Gross decrease in book value of ledger
assets viz
Bonds increase in amortization fund
Stocks
1728 00
1584 80
16624 29
10575 00
45888 87
18939 95
265156 83
94244 08
4102 31
13123 02
24827 28
259619 32
952 53
11293 78
15000 00
345761 30
38528 07
5117 44
16668 99
124842 87
24000 00
29631 39
4311 51
2184 05
56524 66
12296 00
39674 22
3312 80
27199 29
32 Miscellaneous expenses including tele
phone and telegraph expenses
4966 75396
34 Investment expenses
35 Expense of examination by the New York
Department
ComptrollerGenerals Report
16684 96
4860 11
26511 82
40 Total disbursements 2893368 57
IVLedger Assets
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this com
pany a policies assigned as collateral
5 Premium notes on policies in force of
which 3702 is for first years pre
miums
6 Book value of bonds excluding interest
791604387 and stocks 184053085
7 Cash in company a office
8 Deposited in trust companies and banks
not on interest
9 Deposited in trust companies and banks
on interest
10 Agents balances
1643609 81
5981250 00
1826263 00
596221 27
9756574 72
1551 48
17847 00
374684 71
35582 71
12 Total ledger assets 20233584 70
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
16 Interest due 543693 and accrued 936
15 on premium notes policy loans or
liens
17 Interest accrued on other assets
18 Rents accrued on companys property or
lease
19 Total interest and rents due and accrued
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
23656 57
110354 69
6373 08
1116 07
3088 33
144588 74
Renewals
3090 25 176762 75
18847 20 189930 88
25 Totals 21937 45 366693 63

ComptbollerGeneeals Repokt
397
26 Deduct loading
27 Net amount of uncollected
5987 01
90954 70
and deferred premiums 15950 44 275838 93 291789 37
33 Gross assets 20669962 81
Deduct Assets Not Admitted
36 Agents debit balances 35582 71
40 Book value of ledger assets over market
value viz Bonds and stocks 1018320 47
43 Total 1053903 18
44 Total admitted assets 19616059 63
VLiabilities
Net present value of all the
outstanding policies in
force on the 31st day of
December 1907 as com
puted by the New York
Insurance Department on
the following tables of
mortality and rates of in
terest viz
1 Actuaries table at 4 per
cent on life endowment
and term policies with
continuous or limited pre
miums and with or with
out a pure endowment or
return premium feature
and participating or non
participating 11988755 00
Same for reversionary ad
ditions 601631 00 12590386 00
American experience table
at 3 per cent on same
as actuaries 4 per cent 4471546 00
Same for reversionary ad
ditions 1211425 00 5682971 00
3 American experience table
at 3 per cent on life or
endowment policies with
continuous or limited pre
miums participating
174164 00
174164 00398
CoMPTROLLERGrENEBAls EePORT
5 Net present value of an
nuities including those
in reduction of pre
miums Give tables and
rates of interest viz
Actuaries table at 4 per
eent
American experience table
at 3y2 per cent
228739 00
288355 00
517094 00
Total 18964615 00
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 106839 00
18857776 00
8 Net reserve 18857776 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 121652 00
13 Claims for death losses which have been
reported and no proofs received 116725 06
14 Claims for matured endowments due and
unpaid 5558 02
15 Claims for death losses and other policy
claims resisted by the company 3000 00
17 Total policy claims
19 Premiums paid in advance including surrender values so
applied
20 Unearned interest and rent paid in advance
22 Commissions to agents due or accrued
24 Salaries rents office expenses bills and accounts due
or accrued
25 Medical examiners and legal fees due or accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
43 Capital stock 125000 00
44 Unassigned funds surplus 255641 43
Total
125283 08
32471 00
7108302
935 54
1000 00
15506 00
6827 62
2883 94
380641 43
45 Total liabilities 19616059 63CoMPTROLLERGrENERAL s RePOET 399
Business in the State of Georgia During the Year 1907
12 Policies on the lives of citizens of said State in
force December 31 of previous year 522 1499303 00
13 Policies on the lives of citizens of said State is
sued during the year 5 11187 97
14 Total 527 1510490 97
15 Deduct ceased to be in force during the year 70 229873 97
16 Policies in force December 31 457 1280617 00
17 Losses and claims unpaid December 31 of previous
year 2 1668 00
18 Losses and claims incurred during the year 4 6687 97
19 Total 6 8355 97
20 Losses and claims settled during the year in cash 6 8355 97
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses divi
dends commissions or other expenses 4597767
ILLINOIS LIFE INSURANCE COMPANY CHICAGO ILL
James W Stevens President Oswald J Arnold Seceretary
Principal Office 134 Monroe Street Chicago 111
J C Tumlin Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 5710574 28
Extended at 5710574 28
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 292228 71
Cash received for renewal premiums
without deductions for commissions or
other expenses 1100161 01
3 From Dividends applied to pay running
premiums 22557 97
3 From dividends applied to purchase
paidup additions and annuities 30665 51
Total 1445613 20400
ComptrollerGenerals Report
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new business
1116907 renewals 793378
19102 85
7 Total premium income 1426510 35
8 Cash received for interest on mortgage loans 68825 41
9 Cash received for interest on bonds owned and
dividends on stock 66704 74
10 Cash received for interest on premium notes loans or
liens 64124 10
11 Cash received for interest on other debts due the company 14233 64
12 Cash received as discount on claims paid in advance in
terest on collections and sundry loans 40024 98
13 Cash received for rents for use of companys property 72825 27
14 Cash received for profits on sales of real estate 11309 00
Total Income 1764557 49
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 489916 43
3 Cash paid for matured endownments and
additions thereto 21406 76
Total 511323 19
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured 3300 00
Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens voided by lapse 21
31748 pur rev addns 10123 int gold bonds
34711
10 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
508023 19
1800 00
21765 82
7591 53
22557 97
30665 51
204366 13
Total paid policyholders
796770 15
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 18902378
renewals 10425948
7000 00
293283 26
ComptrollerGenerals Eeport 401
18 Cash paid for salaries and allowances to managers and
agents 11168 72
19 Cash paid for medical examiners fees 1594800 in
spection of risks 521083 21158 84
20 Cash paid for salaries and all other compensation of
officers and other home office employees 95017 51
21 Cash paid for taxes on new premiums 269092 on re
newals 9540 57 12231 49
22 Cash paid for taxes on investments 2704987 27049 87
23 Cash paid for insurance department fees and agents
licenses 214974 municipal licenses 59000 2739 74
24 Cash paid for rent 17743 18
25 Expenses 1516610 reg of policies 249200 17658 10
26 Investigation of claims 2437 58
27 Cash paid for advertising 883935 printing 798566
postage 482506 21650 07
28 Cash paid for real estate expenses other than taxes
6961174 for legal expenses 551667 75128 41
29 Cash paid for the following items viz loss on sale of
ledger assets 5648 81
Collection of premiums 142727 exchange 93046
expenses surrendered policies 56486 2922 59
Total miscellaneous expenses 61283817
30 Total disbursements 1409608 32
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 704067 33
2 Loans on mortgage first liens on real estate 1281299 99
3 Loans secured by pledge of bonds stocks or other
marketable collaterals 469405 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 1262877 48
5 Premium notes loans or liens on policies in force was
received during the year 5431 58
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 1939749 19
7 ash in companys office 2429 87
8 Jash deposited in banks 127930 81
9 Bills receivable 3482 56
10 Agents ledger balances of which 2363840 was ad
vanced during the year 176982 27
Suspense per cent 1908176 furniture and fixtures 28
68531 commission renewal commissions 4410000 91867 07
11 Total net or ledger assets as per balance above 6065523 45
13 Total net or ledger assets less depreciation 6065523 45
26cg402
ComptrollerGenerals Report
Other Assets
14 Interest due 170135 and accrued 19
13475 on mortgages 20836 10
15 Interest accrued 101367 on bonds and
stocks 1013 67
16 Interest due 13506 and accrued 4
15811 on collateral loans 4293 17
17 Interest due and accrued 900427 on
premiums notes loans or Hens 9004 27
18 Interest due and accrued 10217 on other
assets 102 17
19 Rents due 175098 and accrued on
companys property or lease 1750 98
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
37000 36
370141 43
52369 01
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 61930 29 167709 56
24 Gross deferred premiums
on policies in force De
cember 31 1907 182 19 132432 32
Total
25 Deducting loading aver
age 25 per cent on
renewals
62112 48 300141
15528 12
75035 47
26 Net amount of uncollected
and deferred premiums 46584 36 225106 41 271690 77
tS Total assets as per the books of the company 6796725 02
Items Not Admitted
2 Furniture fixtures and safes 2868531 28685 31
3 Committed commissions 44100 00
4 Cash advanced to or in the hands of
officers or agents suspense etci 19081 76
5 Agents balances 176982 27
7 Bills receivable 3482 56

Total
272331 90
9 Total assets less items not admitted 6524494 12CoMPTROLLERxENERAL s REPORT 403
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries table of mortality with four
per cent interest 6054830 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 10922 00
Net reinsurance reserve 6043908 00
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 50390 64
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 27493 74
6 Claims for death losses and other policy
claims resisted by the company 1220 00
7 Amounts due on installment claims 5610 46
Total policy claims 84714 84
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 82160 54
13 Amount due on account of salaries rents and office ex
penses 7352 96
16 Amount of any other liability of the company viz
Premiums paid in advance 635257 26938 58
17 Liabilities on policyholders account 6245074 92
18 Gross surplus on policyholders account 279318 20
19 Total liabilities 6524393 12
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 1048 1342085 71
Number and amount of policies on the lives of citizens
of Georgia issued during the year 199 311779 00
Total m7 1653864 71
Deduct number and amount which have ceased to be
in force during the year 158 250310 71
Total number and amount of policies in force in
Georgia December 31 19071089 1403554 00
Amount of losses and claims on policies in Georgia
incurred during the year 10 24919 00404
ComptrollerGenerals Report
Amount of losses and claims on policies in Georgia
paid during the year 7
Amount of premiums collected or secured during the
year in cash 3932488
20919 00
JEFFERSON STANDARD LIFE INSURANCE COMPANY OF NORTH
CAROLINA
Joseph G Brown President Chas W Gold Secretary
Home Office Martin Street Raleigh N C
A L Deadwyler Athens Attorney for Service in Georgia
1 Amount of capital paid up in cash 250000 00
Amount of surplus paid up in cash 250000 00
4 Extended at 500000 00
IIIncome
5 First years premiums on original poli
cies without deduction for commissions
or other expenses less 2588 for first
years reinsurance 18795 28
12 Total new premiums 18 795 28
18 Total premium income ig 795 28
23 Gross interest on collateral loans 926 04
24 Gross interest on bonds and dividends
on stocks 7058 14
25 Gross interest on premium notes policy
loans or liens 10 33
26 Gross interest on deposits in trust com
panies and banks 1224 47
30 Total gross interest and rents 9 218 98
39 Total income 28014 26
IIIDisbursements
16 Commissions to agents less commission on reinsurance
first years premiums 526 16
19 Agency supervision traveling and all other agency ex
penses 2683 25
20 Medical examiners fees 310800 inspection of risks
3818 total 3146 18
21 Salaries and all other compensation of officers directors
trustees and home office employees n 866 33
22 Rent 355 00ComptrollerGenerals Report 405
23 Advertising 94605 printing and stationery 249775
postage telegraph telephone and express 46937 total 3913 17
24 Legal expenses 500 00
25 Furniture fixtures and safes 1093 75
26 Insurance taxes licenses and department fees 115 00
32 Sundries 899 63
40 Total disbursements 30198 47
IVLedger Assets
2 Mortgage loans on real estate first liens
500000 other than first liens 650 5650 00
3 Loans secured by pledge of bonds stocks
or other collateral 52500 00
5 Premium notes on policies in force of
which 382904 is for first years pre
miums 3829 04
6 Book value of bonds excluding interest 38700545
7 Cash in companys office 133 25
8 Deposited in trust companies and banks
not on interest 46994 77
10 Agents balances 1703 28
12 Total ledger assets 497815 79
NonLedger Assets
13 Interest accrued on mortgages 90 00
19 Total interest and rents due and accrued 90 00
23 Gross premiums due and unreported on
policies in force December 31 1907 8132 09
24 Gross deferred premiums on policies in
force December 31 1907 206 09
25 Total 8338 18
26 Deduct loading 20 per cent 1667 63
27 Net amount of uncollected and deferred
premiums 6670 55 6670 55
33 Gross assets 504576 34
Deduct Assets Not Admitted
36 Agents debit balances 1703 28
43 Total 1703 28
44 Total admitted assets 502873 06406
ComptrollerGenerals Report
VLiabilities
Net present value of all the
outstanding policies in
force on the 31st day of
December 1907 as com
puted by the actuary on
the following tables of
mortality and rates of in
terest viz
L Actuaries table at 4 per
cent on common dividend
policies of Carolina Life
2986 00

2 American experience table
at 3 per cent on pre
ferred dividend policies
of Carolina Life 1238
all Jefferson Standard
policies 4389 total 5627 00
Same for reversionary ad
ditions 248 00
Total
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies
2986 00
5875 00
8861 00
13 00
8848 00
7 Reserve to provide for health and acci
dent benefits contained in life policies
Carolina Life 430 Jefferson 33 463 00
8 Net reserve 93H 00
21 Commissions due to agents on premium notes when paid 1113 00
23 Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon 3335 27
25 Medical examiners and legal fees due or accrued 526 00
26 State county and municipal taxes due or accrued 14285 27
43 Capital stock 250000 00
44 Unassigned funds surplus 238587 79
502873 06
45 Total liabilities
ComptbolleeGenebals Repobt 407
LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND VIRGINIA
J G Walker President W L Rogerson Secretary
Principal Office 909 East Broad Street Richmond Virginia
L Z Rosser and Morris Brandon Atlanta Attorneys for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid tip in cash 200000 00
Amount of net or ledger assets Decem
ber 31 of previous year 2817439 86
Extended at 2817439 86
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 431441 31
1 Cash received for renewal premiums
without deductions for commissions or C
other expenses 1877853 13
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies
2 Premium notes loans or liens taken in
part payment for renewal premiums
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pay run
ning premiums
4 From surrender values applied to pur
chase paidup insurance and annuities
Total 2321824 59
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 22386 re
newals 110635 total 3330 21
7 Total premium income 2320494 38
8 Cash received for interest on mortgage loans 84255 72
9 Cash received for interest on bonds owned and dividends
on stock 41547 77
10 Cash received for interest on premium notes loans or
liens 400316
11 Cash received for interest on other debts due the com
pany 8690 84
572 07
2031 12
1083 49
201 60
51 30
8590 57
408
ComptrollerGenerals Report
13 Cash received for rents for use of companys property
including 580000 for companys own occupancy
14 Cash received for real estate 2000 all other 86204
18 Agents cash bonds
19 From all other sources viz Profit and loss items
6812 85
2862 04
1380 00
13369 50
Total income 2483416 26
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 701528 95
3 Cash paid for matured endowments and
additions thereto 572 70
Total
702101 65
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid for weekly indemnity claims
10 Cash dividends paid policyholders
10 Cash dividends paid to annuitants
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 770086 34
16 Cash paid stockholders for interest or dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 19716309
renewals 24793438 total
18 Cash paid for salaries and allowances to managers and
agents and for agency expenses
19 Cash paid for medical examiners fees and inspection of
risks
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes new premiums 3189112 State
licenses 302234 total
22 Cash paid for taxes on franchises 318705 on real
estate 181834 personal property 2306 total
23 Cash paid for insurance department fees and agents
licenses 471089 municipal licenses 558615 total
24 Cash paid for rent including 580000 for companys oc
cupancy less 6000 received under sublease
26 Cash paid for furniture fixtures and safes for home and
agency offices
702101 65
629 75
20400 18
51 50
1083 49
201 60
30976 30
51 30
8590 57
24000 00
445097 47
249209 55
44334 37
130171 63
34913 46
5028 45
10297 04
22453 34
2672 65

ComptrollerGenerals Report 409
27 Cash paid for advertising 1921823 printing and sta
tionary 1685603 postage 302294 total 39097 20
28 Cash paid for real estate expenses other than taxes
88306 for legal expenses 4867354 total 49556 60
29 Cash paid for the following items viz General expenses
1207506 traveling expenses 113622 total 13211 28
Agents cost bonds 188000 profit and loss 353850 5418 50
30 Total disburseinents 1 45 547 gg
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 92093 26
2 Loans on mortgage first liens on real estate 2051445 62
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 50 gg 21
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 68 168 91
5 Premium notes loans or liens on policies in force of
which 260319 was received during the year 6 060 70
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 935 800 18
7 Cash in companys office 19 150 74
8 Cash deposited in banks 231 680 92
S 8 Brooke Clerk Circuit Court Roanoke Va 20 70
11 Total net or ledger assets as per balance above3455308 24
12 Deduct depreciation from cost of assets to bring same
to market value 40856 12
13 Total net or ledger assets less depreciation 3414452 12
Other Assets
14 Interest due 114555 and accrued 18
39891 on mortgages 19544 46
15 Interest due 117867 and accrued 13
18940 on bonds and stocks 14368 07
16 Interest accrued on collateral loans 785 92
17 Interest due 11763 and accrued 3492
on premiums notes loans or liens 172 55
19 Kent on companys property or lease 202 10
Total carried out
20 Market value of real estate over cost
21 Market value of stocks over cost
35073 10
30281 87
14685 94
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907
4881 09 24108 72410
COMPTROLLEB GENERAL S REPORT
24 Gross deferred premiums
on policies in force De
cember 31 1907
12300 30
47820 65
Totals
25 Deducting loading
17181 39 71929 37
5325 31 23247 52
26 Net amount of uncollected
and deferred premiums 11856 08 48681 85 60537 93
Premium extension notes 743 30
28 Total assets 3555774 26
Items Not Admitted
5 Premium notes in excess of the net value
of their policies 1 85
Total
1 85
9 Total assets less items not admitted 3555772 41
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries and American Experience
table of mortality with four three and
onehalf and 3 per cent interest includ
ing special reserve 2887325 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 518 00
Net reinsurance reserve
y2 Liability on cancelled policies upon which a surrender
value may be demanded
3 Claims for death losses not reported es
timated 12000 0
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 6871 12
6 Claims for death losses and other policy
claims resisted by the company 3000 00
28868 07
56 17
Total policy claims 21871 12
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
10 Amount of dividends apportioned payable to policy
holders in 1908
3875 88
3069 99ComptrollerGenerals Report 411
11 Amount of unpaid dividends to stockholders 6000 00
12 Amount of National State or other taxes due or accrued 32624 54
13 Amount due or accrued on account of salaries rents and
office expenses medical and legal fees 21721 39
14 Unearned interest and rents paid in advance 1919 97
15 Commissions due agents on premium notes when paid 37 17
16 Amount of any other liability of the company viz
Premiums paid in advance 45403 44
Excess premiums paid in error with interest on ordinary
policy No 1520 11100 agents cash bonds 125000 1361 00
17 Liabilities 3030308 50
18 Surplus 325463 91
Capital stock 200000 00
19 Total liabilities 3555772 41
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 12043 1435583 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year14647 1789837 00
Total 26690 3225420 00
Deduct number and amount which have ceased to
be in force during the year 9880 1161536 00
Total number and amount of policies in force in
Georgia December 31 1907 16810 2063884 00
Amount of losses and claims on policies in Georgia
incurred during the year 243 15248 80
Amount of losses and claims on policies in Georgia
paid during the year 243 15248 80
Amount of premiums collected during the year in
cash 80416 61

LOUISIANA NATIONAL LIFE ASSURANCE SOCIETY
Louis P Rice President Henry Kahn Secretary
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 240000 00
Amount of net or ledger assets Decem
ber 31 of previous year 303826 77
Extended at 303826 77412 ComptbolleeGtenerals Report
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 25401 53
I1 Cash received for renewal premiums
without deductions for commissions or
other expenses 14105 93
7 Total premium income
9 Cash received for interest on bonds owned and dividends
on stock
Total income
IIIDisbursements for the Year 1907
1 ash paid for death claims including revisionary ad
ditions
Total paid policyholdersi 1000 00
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 164400 inspec
tion of risks
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
licenses 128069 municipal licenses 61400
24 Cash paid for rent
25 Cash paid for commuting commissions
20 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 112576 printing 211066
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage telephone
telegraph freight and express
Traveling and agency supervision
Books and papers 20187 exchange 1109 directors
fees 5750 light and power 8271 office sundries
26493 total
Total disbursements
39507 46
11206 20
50713 66
1000 00
13236 07
5239 ot
2010 50
10944 53
43 73
1894 69
853 00
2152 34
1398 69
3236 42
10 00
768 09
3251 16
618 10
46656 36
ComptrollerGenerals Report
413
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
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 to bring same to
market value
15000 00
285417 50
296 37
5015 62
2154 58
307884 07
307 50
13 Total net or ledger assets less depreciation 307576 57
Other Assets
14 Interest accrued on mortgages
Total carried out
New Business
23 Gross premiums due and un
reported on policies in
force December 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
Renewals
4418 35 1268 22
86 40
50 71
Totals
25 Deduct loading
4504 75
2501 55
3318 93
142 82
26 Net amount of uncollected
and deferred premiums
27 Furniture fixtures and safes
missions 143489
2003 20 1176 11
112259 commuted com
2 Furniture fixtures and safes
3 Commuted commissions
5 Agents balances
Items Not Admitted
12259
2122 59
1434 89
2154 58
Total
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding policies in force
on the 31st day of December 1907 computed according
to the actuarie s table of mortality with four per cent
interest and American Exchange at 3 per cent
555 60
555 60
3179 31
3557 48
Total assets 314868 96
5712 06
309156 90
13864 00414 ComptrollerGenerals Report
12 Amount of national State or other taxes due 38 94
13 Amount due on account of salaries rents and office
expenses 167 50
Medical examiners fees due or accrued 173 00
17 Liaiblities on policyholder s account 14243 44
18 Gross surplus on policyholders account 54913 46
Capital stock 240000 00
19 Total liabilities 309150 90
MANHATTAN LIFE INSURANCE COMPANY
Henry B Stokes President M W Tarrey Secretary
Home Office 646668 and 70 Broadway New York City
M B Young Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 00000 00
2 Amount of ledger assets as per balance
December 31 of previous year 19234821 41
Extended at 19234821 41
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 207763 for first
years reinsurance 116645 09
6 Surrender values applied to pay first year3
premiums 1 312 86
7 Total first years premiums on original
policies 117957 95
8 Dividends applied to purchase paidup ad
ditions and annuities 2214 50
9 Surrender values applied to purchase paid
up insurance and annuities 10204 41
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 19
90461 for reinsurance on renewals 2139108 65
130376 86

14 15 ComptrollerGeneral s Dividends applied to pay renewal premiums Surrender values applied to pay renewal Report 29535 01 451 52 415 2169095 18
17
18 2299472 7614 1008820 9219 5768 04 55 71 13 04
21 Premium notes loans or liens restored by revival of
22 23 396308 18598 148943 125008 11106 2796 306058 94 45 89 20 48 61 14
24 Gross interest on bonds and dividends on
25 26 Gross interest on premium notes policy Gross interest on deposits in trust corn
27 29 Gross interest on other debts due the Gross rent from companys property including 6150000 for companys oc

30
34 36 Checks over 5 years old not collected by Surrender values and dividends on re 3049 6169 97 5454 217 89 54 31 63 00
37 Cash received upon merger of National Citizens and Central National Banks
39 3330895 07
IIIDisbursements For death claims less 500000 reinsurance 128540192 additions 195100 For matured endownments 18562641 additions 6900 1287352 185695
1 2 92 41 1473048 11410 20352 280693 33 58 00 52
3 4 Net amount paid for losses and matured endowments
5
6
416 ComptrollerGenerals Eeport
7 Surrender values applied to pay new premiums 131286
to pay renewal premiums 45152 1764 38
8 Surrender values applied to purchase paidup insurance
and annuities 10 204 47
9 Dividends paid to policyholders in cash 25 268 12
10 Dividends applied to pay renewal premiums 29535 61
11 Dividends applied to purchase paidup additions and
annuities 2214 50
12 Total paid policyholders 1854490 85
13 Expense of investigation and settlement of legal expenses 2674 91
14 Paid for claims on supplementary contracts not involving
life contingencies 1 350 qq
15 Paid stockholders for interest or dividends 26000 00
16 Commissions to agents less commissions on reinsurance
first years premiums 5946124 renewal premiums
12072571 180186 95
17 Commuted renewal commissions 17 34
Advances against first year commissions 890 36
18 Salaries and allowances for agencies including managers
agents and clerks 35564 42
19 Agency supervision traveling and all other agency
exIenses s 14166 71
20 Medical examiners fees 925700 inspection of risks
45176 13408 76
21 Salaries and all other compensation of officers directors
trustees and home office employees 122 716 02
22 Rent including 6150000 for companys occupancy of
its own buildings less 60000 received under sublease 75220 44
23 Advertising 489961 printing and stationery 497694
postage telegraph telephone and express 943231 19308 6
24 Legal expense 1832g g3
25 Furniture fixtures and safes 260 85
26 Insurance taxes licenses and department fees 44 159 99
27 Taxes on real estate 07 84g
28 Repairs and expenses other than taxes on real estate 97 824 84
Cash received upon merger of National
Citizens and Central National Banks 217 00
32 All other office expenses 13 84g gg
33 Sundry loss items premiums on life insur
ance policies to accrue on agents in
debtedness 65g 75 1404 41
40 Total disbursements n 500 104
IVLedger Assets
1 Book value of real estate unincumbered 5 299 165 37
2 Mortgage loans on real estate first liens 8 233860 00ComptbollerGenerals Eepobt
417

3 Loans secured by pledge of bonds stocks or other col
lateral 550000 00
4 Loans made to policy holders on this companys policies
assigned as collateral 2139330 15
5 Premium notes on policies in force of which 333947
is for first years premiums 260501 28
6 Book value of bonds excluding interest 301802191
and stocks 23026608 3248287 H9
7 Cash in companys office 6 390 12
8 Deposited in trust companies and banks not on interest 25000 00
9 Deposited in trust companies and banks on interest 177575 56
10 Agents balances 36 471 46
12 Total ledger assets 19976582 23
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds and stocks
15 Interest accrued on collateral loans
16 Interest accrued on premium notes policy
loans or liens
17 Interest accrued on other assets
18 Rents due 1358273 and accrued 9
13000 on companys property or lease
19 Total interest and rents due and accrued
20 Market value of real estate over book value
161094 61
43950 78
2811 11
17923 52
2449 49
22712 73
New Business
Renewals
250942 24
11934 63
23
24
Gross premiums due and
unreported on policies in
force December 31 1907
Gross deferred premiums on
policies in force December
31 1907
353 89 163865 6
1829 00
70857 00
25 Totals 2182 89 234722 62
26 Deduct loading 23 per cent 502 06 53986 20
27 Net amount of uncollected
and deferred premiums 1680 83 180736 42 182417 25
33 Gross assets 20421876 35
Deduct Assets Not Admitted
36 Agents debits balances 36471 46
40 Book value of ledger assets over market
value on Dec 31st bonds and stocks 342961 28
43 Total 379432 4
44 Total admitted assets 20042443 61
27cg418
CoMPTKOLLEKGrENERAls REPORT
VLiabilities
1 Actuaries table at 4 per
cent on policies issued
prior to January 1st 1901
Same for reversionary
additions
2 American experience table
at 3 per cent on
policies issued after Jan
uary 1st 1901 on non
participating plan
Same for reversionary ad
ditions
3 American experience table
at 3 per cent on policies
issued after January 1st
1901 on participating plan
Same for reversionary ad
ditions
5 Net present value of annui
ties including those in
reduction of premiums
Give tables and rates of
interest viz Account 4
per cent on annuities
issued prior to January 1
1901
American experience 3
per cent annuities issued
after January 1 1901
48669 65
297 44 4896709 00
3587 57
358757 00
28854 44
1 89 2885633 00
50838 00
51743 00 102581 00
Total 18243680 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 76015 00
7 Reserve to provide for health and accident
benefits contained in life policies 18167665 00
8 Net reserve 18137665 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the 19970 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 9451 00
11 Claims for death losses due and unpaid 5000 09ComptrollerGeneral s Report
419

12 Claims for death losses in process of ad
justment or adjusted and not due 16277 00
13 Claims for death losses which have been
reported and no proofs received less
reserve 36639 30
14 Claims for matured endowments due and
unpaid 3373 09
15 Claims for death losses and other policy
claims resisted by the company 15000 00
17 Total policy claims
19 Premiums paid in advance including sur
render values so applied
20 Unearned interest and rent paid in advance
21 Commissions due to agents on premium notes when paid
22 Commissions to agents due or accrued estimated
24 Salaries rents office expenses bills and accounts due
or accrued estimated
25 Medical examiners and legal fees due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
39 Agents credit balances
43 Capital stock
44 Unassigned funds surplus
76289 48
12043 36
155 48
8300 69
1000 00
2500 00
599 50
12037 10
739 79
100000 00
1631692 21
45 Total liabilities
Business Paid For in Georgia During 1907
No
Policies on the lives of citizens of said State in
force December 31 of previous year 1839
Policies on the lives of citizens of said State paid
for during the year 147
Total 1986
Deduct ceased to be in force during the year 292
Policies in force December 31 1907 1694
Losses and claims incurred during year 36
Total
Losses and claims settled during the year
36
33
20042443 61
Amount
32080 38
2143 83
34224 n
4971 45
29252 76
779 02
779 92
765 92
Losses and claims unpaid December 31 3 14 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 90351 00420 ComptrollerGenerals Eeport
maryland life insurance company oe baltimore md
Wm H Blackford President John W Hanson Secretary
Home Office 8 and 10 South Street Baltimore Md
Coke S Davis Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid in
cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous years 2580542 42
4 Extended at 2580542 42
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 111945 for first
years reinsurance 2719692
6 Surrender values applied to pay first
years premiums 547 42
7 Total first years premiums on original
policies 27744 34
8 Dividends applied to purchase paidup ad
ditions and annuities 1217 70
10 Consideration for original annuities in
volving life contingencies 5477 32
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 13
43000 for reinsurance on renewals 257902 71
14 Dividends applied to pay renewal prem
iums 14413 40
34439 36
17 Total renewal premiums
272316 11
18 Total premium income
22 Gross interest on mortgage loans 7398 07
23 Gross interest on collateral loans 1854 97
24 Gross interest on bonds and dividends
on stocks 87195 20
25 Gross interest on premium notes policy
loans or liens and cash loans 11052 27
26 Gross interest on deposits in trust com
panies and banks 134 25
306755 47ComptrollerGenerals Report
421
27 Gross interest on other debts due the
company 10 13
29 Gross rent from companys property 18314 20
30 Total gross interest and rents
31 Gross profit on sale or maturity of ledger assets viz
bonds
34 Policies of reinsurance surrendered 4000 27
35 On account fire insurance on old buildings
destroyed by fire 91 40
39 Total income
IIIDisbursements
1 For death claims less 500000 reinsur
ance 10535722 additions 90519 106262 41
2 For matured endowments 3609200 ad
ditions 800 36100 00
3 Net amount paid for losses and matured
endowments
4 For annuities involving life contingencies
5 Premium notes voided by lapse
6 Surrender values paid in cash
7 Surrender values applied to pay new premiums 54742
to pay renewal premiums
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums
11 Dividends applied to purchase paidup additions and
annuities
12 Total paid policyholders 19154390
13 Expense of investigation and settlement of policy claims
including 32500 for legal expense
15 Paid stockholders for interest or dividends
16 Commissions to agents less commission on reinsurance
first years premiums 1399123 renewal premiums
1320180 annuities original 17732
18 Salaries and allowances for agencies including managers
agents and clerks
19 Agency supervision traveling and all other agency ex
penses
20 Medical examiners fees 259100 inspection of risks
38904
21 Salaries and all other compensation of officers direc
tors trustees and home office employees
22 Rents received under sublease
125959 09
395 13
4091 67
437201 36
142362 41
6046 65
1195 38
20054 63
547 12
5706 31
14413 40
1217 70
340 00
6000 00
27370 35
3855 00
1638 51
2980 04
22583 52
75 00
422 ComptrollerGenerals Eeport
23 Advertising 94228 printing and stationery 69410
postage telegraph telephone and express 79419 2430 57
o T i 620 00
24 Legal expense
26 Insurance taxes licenses and department fees 3998 05
4 1 7 53
27 Taxes on real estate V
28 Repairs and expenses other than taxes on real estate 3874 59
30 Gross decrease in book value of ledger assets viz real
estate
32 Fire insurance and premiums 67 80
33 Library bureau 734 47
34 Sundry expenses including telegrams
telephone and express 1433 99 2246 26
40 Total disbursements 273804 72
IVLedger Assets
1 Book value of real estate 258071 63
2 Mortgage loans on real estate 150480 00
3 Loans secured by pledge of bonds stocks or other
collateral 33709 90
4 Loans made to policyholders on this companys policies
assigned as collateral 211906 00
5 Premium notes on policies in force of which about
85000 is for first years premiums 12240 33
Premium loans on policies issued under the name of
loan policies 6323 y0
6 Book value of bonds excluding interest 190143415
and stocks 9533013 1996764 28
7 Cash in companys office 822 06
8 Deposited in trust companies and banks not on interest 51514 12
10 Agents balances 4047 24
11 Dividends due in January on bank stock etcl54920
deposit with Baltimore Equitable Society 20000
furniture 236889 open accounts judgments etc 13
92730 suspended accounts 12495 18170 34
2745050 70
Deduct agents and credit balances 1A11 64
12 Total ledger assets 2743939 06
NonLedger Assets
13 Interest accrued on mortgages 2508 62
14 Interest accrued on bonds 11107 80
15 Interest accrued on collateral loans 403 92
16 Interest due 41037 and accrued 267093
on premium notes policy loans or liens 3081 30
18 Rents due 54651
19 Total interest and rents due and accrued 17648 15
ComptrollebGeneral s Report
423
23 Gross premiums due and unreported on
policies in force December 31 1907 18480 47
24 Gross deferred premiums on policies in
force December 31 1907 21566 64
25 Totals 40047 11
26 Deduct loading 9210 84
27 Net amount of uncollected and deferred premiums 30836 27
33 Gross assets 2792423 48
Deduct Assets Not Admitted
35 Furniture fixtures and safes
36 Agents debit balances
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies
40 Book value of ledger assets over market
value viz bonds and stocks
41 Open accounts judgments
and suspended accounts 14052 25
42 Less agents and credit
balances deducted above 1111 64
2368 89
4047 24
90 00
66501 33
12940 61
43 Total
85948 07
44 Total admitted assets 2706475 41
IVLiabilities
Net present value of all the
outstanding policies in
force on the 31st day of
Dec 1907 as computed by
the New York Insurance
Dept on the following
tables of mortality and
rates of interest viz
Actuaries table at 4 per
cent on all business
Same for reversionary ad
ditions
5 Net present value of an
nuities including those
in reduction of prem
iums Give tables and
rates of interest viz
actuaries table at 4 per
cent interest
2371362 52
22036 59 2393399 11
48348 84
Total 2441747 95424
ComptrollerGenerals Report
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies
53451 77
8 Net reserve 2388 296 IS
11 Claims for death losses due and unpaid 113 58
13 Claim for death losses which have been
reported and no proofs received 6508 96
14 Claims for matured endowments due and
unpaid 869 66
17 Total policy claims
19 Premiums paid in advance including surrender values so
applied
21 Commissions due to agents on premium notes when paid
22 Commissions to agents due or accrued
24 Salaries rents office expenses bills and accounts due or
accrued
25 Medical examiners and legal fees due or accrued
26 State county and municipal taxes due or accrued esti
mated
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums ro
otherwise dividends duo in first part of 1908 may be
regarded as apportioned but they are not a liability as
they are contingent on payment of premiums amount
263761
33 Total amount provisionally calculated for deferred dis
tribution policies which have not yet reached the end of
their distribution period 21478825 This sum is not a
liability nor is it regarded as apportioned until the end
of the distribution period stipulated in the respective
policies
38 All other liabilities small cash surplus value balances
43 Capital stock
44 Unassigned funds surplus
7492 20
787 17
600 00
1093 2J
1224 00
150 00
1850 00
6326 89
118 35
100000 00
198437 03
45 Total liabilities 2706475 41CoMPTKOLLERGrENERAL s REPORT 425
Business in Georgia During 1907
No Amount
Policies on the lives of citizens of said State in force
December 31 1906 estimated 323 544945 00
Policies on the lives of citizens of said State issued
increased and revived during 1907 paid for 79 106858 00
Total 402 651803 00
Deduct ceased to be in force and decrease during the
year 21 32955 00
Policies in force December 31 1907 estimated 381 618848 00
Losses and claims incurred during the year 4 5250 00
Total 4 5250 00
Losses and claims settled during the year in cash 4 5250 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 16460 29
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF
SPRINGFIELD MASS
John A Hall President Wm H Sargent Secretary
Home Office 413 Main St Springfield Mass
Wm J Harty Savannah Attorney for Service in Georgia
ICapital Stock
4 Extended at 41024900 88
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 295376 for first
years reinsurance 691204 51
7 Total first years premiums on original
policies 691204 51
8 Dividends applied to purchase paidup ad
ditions and annuities 80500 85
12 Total new premiums 771705 36
13 Renewal premiums without deduction for
commissions or other expenses less 139
34868 for reinsurance on renewals 5895405 47426
ComptrollerGenerals Report
14 Dividends applied to pay renewal prem
iums 875141 79
17 Total renewal premiums 6770547 26
18 Total premium income 7542252 02
19 Consideration for supplementary contracts not involv
ing life contingencies 164084 o4
21 Premium notes loans or liens restored by revival of
policies 12087 77
22 Gross interest on mortgage loans 786815 08
24 Gross interest on bonds and dividends on
stocks 818754 86
25 Gross interest on premium notes policy
loans or liens 320063 19
26 Gross interest on deposits in trust com
panies and banks 9799 78
27 Gross interest on other debts due the
company 3993 22
28 Gross discount on claims paid in advance 452 45
29 Gross rent from companys property in
cluding 600000 for companys occu
pancy of its own buildings 14838 57
30 Total gross interest and rents 1954717 15
31 Profit on sale or maturity of ledger
assets viz real estate 12663 93
Bonds 2761 07
Stocks 6 65
Other assets 15431 15
34 Profit and loss viz Taxes and expenses
in connection with mortgage loans 1
01937 Advances to agents returned
44676 Sale of irrigation Co stock
charged off years ago 750000 Sale of
stock acquired through foreclosure of a
mortgage 50000 dividend capitol Na
tional Bank Guthrie Okla 099 policy
loan restored by reason of increase in
cash value 28000 s 9747 12
39 Total income 9698320 85
IIIDisbursements
1 For death claims less 5500000 reinsur
ance 224047736 additions 19
30000 2259777 36ComptrollerGenerals Report
427
2 For matured endowments 27281600 ad
ditions 684700
27966300
3 Net amount paid for losses and matured endowments 2539440 36
5 Premium notes voided by lapse and used in purchase
of surrendered policies 49536 34
6 Surrender values paid in cash 588573 60
7 Surrender values applied to pay interest 1162 98
9 Dividends paid to policyholders in cash 31437 99
10 Dividends applied to pay renewal premiums 875141 79
10 Dividends allowed in 1907 and left with the com
pany to accumulate at interest subject to the order
of the policyholders 102212 6
11 Dividends applied to purchase paidup additions and
annuities 80500 85
11 Dividends applied in payment of premium notes 61720 22
12 Total paid policyholders 4329727 59
13 Expense of investigation and settlemeent of policy claims
including 7750 for legal expense 162 9
14 Paid for claims on supplementary contracts not involv
ing life contingencies 98259 26
16 Commissions to agents less commission on reinsurance
first years premiums 28273357 renewal premiums
39591230 678645 87
18 Salaries and allowances for agencies including managers
agents and clerks 70588 16
19 Agency supervision traveling and all other agency
expenses 14829 36
20 Medical examiners fees 5087850 inspection of risks
513486 56013 36
21 Salaries and all other compensation of officers directors
trustees and home office employees 189046 52
22 Rent including 600000 for companys occupancy of its
own buildings 51046 43
23 Advertising 1237983 printing and stationery 42
77939 postage telegraph telephone and express 26
83893 81998 15
24 Legal expense 1374 27
25 Furniture fixtures and safes 2032 99
26 Insurance taxes licenses and department fees 132769 81
27 Taxes on real estate 9572 93
28 Repairs and expenses other than taxes on real estate 9572 93
29 Gross loss on sale or maturity of ledger assets viz real
estate 126500 bonds 3470000 35965 00
30 Gross decrease in book value of ledger assets viz real
estate 2704800 bonds 5628800 83336 00
31 All other disbursements premiums on securities purchased 28636 21
32 Miscellaneous expenses 15527 79428
ComptrollerGenerals Report
34 Profit and loss viz Taxes and expenses in connection
with mortgage loans 237364 commissions on bonds
and real estate purchased and sold 129125 to settle
a valid claim under an assignment which the company
had been previously assured had been released 10000
fees on protested checks 402 agents debit balances
27786 cash deposited in Merchants National Bank
Portland Ore closed 195654
6003 31
40 Total disbursements
5889372 15
IVLedger Assets
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force less 359335 given
for reinsurance
6 Book value of bonds excluding interest 1922230725
and stocks 42296550
7 Cash in companys office
8 Deposited in trust companies and banks not on interest
9 Deposited in trust companies and banks on interest
10 Bills receivable
630042 35
17658882 02
5791212 00
821156 72
19645272 75
1961 15
359662 11
322656 74
3003 74
12 Total ledger assets
45233849 58
NonLedger Assets
13 Interest due 416800 and accrued 231
30681 on mortgages 235474 81
14 Interest accrued 29396141 on bonds
and stocks 293961 41
16 Interest due 822892 and accrued 99
76959 on premium notes policy loans
or liens 107998 51
17 Interest accrued on other assets 37 ig
18 Rents accrued on companys property 249 26
19 Total interest and rents due and accrued
New Business
23 Gross premiums due and
unreported on policies
in force December 31
1907 less unreported
premiums on reinsurance
637721 15
Renewals
4559 43 403162 16ComptrollerGeneral s Report
429
24 Gross deferred premiums
on policies in force De
cember 31 1907 less de
ferred premiums on re
insurance
25 Totals
26 Deduct loading 25 810 per
cent
54457 31 723855 19
59016 74 1127017 35
15226 32 290770 48
27 Net amount of uncollected
and deferred premiums
43790 42 836246 87 880037 29
33 Gross assets 46751608 02
Deduct Assets Not Admitted
38 Bills receivable 3003 74
40 Book value of ledger assets over market
value viz Bonds and stocks963
90900 real estate 838608 972295 08
43 Total 975298 82
44 Total admitted assets 45776309 20
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 as computed by the com
pany on the following tables of mortal
ity and rates of interest viz
1 Actuaries table at four per cent on
policies issued prior to Jan 1 1901 32657097 00
Same for revisionary additions 470950 00 33128047 00
2 American experience table at three and one
half per cent on policies issued from
January 1 1901 to September 30 1907
both inclusive except a few joint life
policies 9331360 00
Same for reversionary additions 252032 00 9583392 00
3 American experience table at three per
cent on policies issued on and after
October 1 1907 and joint life policies 83341 00
Same for reversionary additions 83341 00
5 Net present value of annuities including
those in reduction of premiums viz
American experience table and three per
cent interest 4590 00
Total 42799370 00430
ComptrollerGenerals Report
6 Deduct net value of risks of this company reinsured in
other solvent companies
668340 00
8 Net reserve 42131030 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 288858 16
12 Claims for death losses in process of ad
justment or adjusted and not due 14317 00
13 Claims for death losses which have been
reported and no proofs received 68433 00
14 Claims for matured endowments due and
unpaid 769 00
15 Claims for death losses and other policy
claims resisted by the company 11000 00
17 Total policy claims g
19 Premiums paid in advance including surrender values
so applied
20 Unearned interest and rent paid in advance
24 Salaries rent office expenses bills and accounts due or
accrued
25 Medical examiners and legal fees due or accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise
35 Dividends apportioned payable to policyholders on de
mand or at maturity of policy including 5543054
interest
36 Dividends apportioned payable to policyholders on pay
ments of future premiums
44 TJnassigned funds surplus
45 Total liabilities
Business in Georgia During 1907
No
Policies on the lives of citizens of said State in
force December 31 of previous year 3 492
Policies on the lives of citizens of said State
issued during the year 407
Total
Deduct ceased to be in force during the year
3899
209
94519 00
27919 99
258 07
750 44
12280 00
112476 33
174382 24
444215 64
471059 99
20674 00
1997885 34
45776309 20
Amount
7275405 00
912361 00
8187766 00
409247 00
ComptrollerGeneral s Report 431
Policies in force December 31 3690 7778519 00
Losses and claims unpaid December 31 of previous
year 1 1000 00
Losses and claims incurred during the year 29 77948 00
Total 30 78948 00
Losses and claims settled during the year in cash 27 63948 00
Losses and claims unpaid December 31 3 15000 00
Premiums collected or secured in cash and notes or credit
without any deduction for losses dividends commissions
or other expenses 178315 21

METROPOLITAN LIFE INSURANCE COMPANY OP NEW YORK CITY
John R Hegeman President James S Roberts Secretary
Home Office 1 Madison Ave New York City
Alexander 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 of previous year173406500 20
4 Extended at 173406500 20
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 9880915 28
7 Total first years premiums on original
policies 9880915 28
8 Dividends applied to purchase paidup
additions and annuities 87049 85
10 Consideration for original annuities in
volving life contingencies 241029 37
12 Total new premiums 10208994 50
13 Renewal premiums without deduction for
commissions or other expenses less 22
39968 for reinsurance on renewals 51652036 70
14 Dividends applied to pay renewal prem
iums 2185951 91
17 Total renewal premiums 53837988 61
18 Total premium income 64046983 11432
CoMPTBOLLEB GeNEBAL g RePOBT
19 Consideration for supplementary contracts not involv
ing life contingencies
22 Gross interest on mortgage loans 3024838 95
23 Gross interest on collateral loans 162403 15
24 Gross interest on bonds and dividends on
stocks 3915656 07
25 Gross interest on premium notes policy
loans or liens 137184 07
26 Gross interest on deposits in trust com
panies and banks 126822 71
27 Gross interest on other debts due the com
pany 20634 42
29 Gross rent from companys property in
cluding 46894285 for companys oc
cupancy of its own buildings 1169573 37
1470 00
30 Total gross interest and rents 8557112 74
31 Gross profits on sale or maturity of ledger
assets viz real estate 5931 70 bonds
11587800 stocks 1250 other assets456093
32 Gross increase in book value of ledger assets viz
bonds 347339 46
34 Taxes returned 34872 45
126383 13
39 Total income 73114160 89
IIIDisbursements
1 For death claims 1790993667 additions
284369 17912807 36
2 For matured endowments 31905522 ad
ditions 150700 320562 22
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
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
11 Dividends applied to purchase paidup additions and
annuities
12 Total paid policyholders 2309815153
13 Expense of investigation and settlement of policy claims
including 2475989 for legal expenses
14 Paid for claims on supplementary contracts not involving
life contingencies
15 Paid stockholders for interest on dividends
16 Commissions to agents less commission on reinsurance
first years premiums 221898179 renewal prem
iums 616959404 annuities original 1085717
18233369 58
133010 45
25357 50
1011538 10
1421874 14
2185951 91
87049 85
28439 89
5285 00
140000 00
8399433 00ComptbollebGenebals Bepoet 433
17 Commuted renewal commissions 1338370 09
18 Salaries and allowances for agencies including managers
agents and clerks 2864044 89
19 Agency supervision traveling and all other agency
expenses 748326 36
20 Medical examiners fees 53976305 inspection of risks
35772540 897488 455
21 Salaries and all other compensation of officers directors
trustees and home office employees 2624 in number 2510911 45
22 Kent including 46894285 for companys occupancy of
its own buildings 792636 72
23 Advertising 15623511 printing and stationery 420
12033 postage telegraph telephone and express 165
99736 exchange and collections 2229992 764652 72
24 Legal expense 4016373 legislative expense 2068087 60844 60
25 Furniture fixtures and safes 39584 88
26 Insurance taxes licenses and department fees 935523 37
27 Taxes on real estate 15807371 on other investments
1201332 170087 03
28 Eepairs and expenses other than taxes on real estate 374811 69
29 Gross loss on sale or maturity of ledger
assets viz Real estate 209593 bonds 528312
stocks 1874400 other assets shortage in agents
accounts 195643 28088 48
30 Gross decrease in book value of ledger assets viz bonds 277598 94
32 Agents cash deposits etc returned 6097774 agents
and clerks surety bonds 4118294 102160 68
33 Metropolitan staff savings fund 3646855 fire ins
3000 general home office expenses 28680086 323299 41
34 Gross interest mortgage loans 942755 bonds 45
91003 55337 58
35 Gross interest premium notes etc 60867 other debts
due company 1421740 14826 07
40 Total disbursements 43969903 73
IVLedger Assets
1 Book value of real estate unincumbered 1906073924
incumbered 84494419 1990568343
2 Mortgage loans on real estate first liens 74620197 45
3 Loans secured by pledge of bonds stocks or other col
lateral 3476500 00
4 Loans made to polieyholders on this companys policies
assigned as collateral 5771922 09
5 Premium notes on policies in force of which 260250 is
for first years premiums 780453 03
6 Book value of bonds excluding interest 8277185698
and stocks 992045974 92692316 72
28cg
434
ComptrollerGenerals Report
7 Cash in companys office 8650129 cash in transit
17172059 258221
8 Deposited in trust companies and banks not on interest 72784
9 Deposited in trust companies and banks on interest 4911869
10 Agents balances 3969762 supplies 501757 44715
11 Cash advanced to Co s Supts and Asst Supts to facilitate
the payment of death claims 1552500 advanced for
fire insurance premiums secured by mortgage56876 16093
S8
27
54
lJ
76
12 Total ledger assets 202550757
NonLedger Assets
13 Interest due 8497482 and accrued 97471156 on
mortgages 1059686
14 Interest due 7189066 and accrued 1167505 25 on
bonds
15 Interest accrued 5253630 on collateral loans
16 Interest due 2540438 and accrued 10836661 on
premium notes policy loans or liens
17 Interest due
18 Rents due 1123317 and accrued 561605 on com
pany s property or lease
19 Total interest and rents due and accrued 2502913
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 89074 81 900313 36
24 Gross deferred premiums
on policies in force De
cember 31 1907 1030344 21 3407062 52
1239395 91
52536 30
133770 99
675 00
16849 22
2502913 80
25 Totals 1119419 02 4307375 88
26 Deduct loading 223883 80 861475 18
27 Net amount of uncollected
and deferred premiums 895535 22 3445900 70 4341435 02
Industrial premiums due and unpaid less 50 per cent 425831 33
29 Reserve on this companys policies reinsured by other
solvent companies not transacting business in the State
of New York 4839 00
33 Gross assets 209825777 41
Deduct Assets Not Admitted
35 Supplies stationery printed matter 5
01757 furniture fixtures and safes 5017 57
36 Agents debit balances 39697 62ComptrollerGeneral s Report 435
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 269009 65
40 Book value of ledger assets over market
value 11191589 34
43 Total 11505314 18
44 Total admitted assets 198320463 23
VLiabilities
1 Actuaries table at 4 per cent on all issues
up to January 1st 1901 99821437 00
Same for reversionary additions 69683 00 99891120 00
2 Actuaries table doubled at 4 per cent
on issues up to January 1901 394458 00
Same for reversionary additions 26772 00 421230 00
3 American experience table at 3 per cent
on all issues from January 1st 1901 to
January 1st 1908 except as stated below 73827510 00
Same for reversionary additions 61480 00 73888990 00
4 Other tables of rates viz
American experience table doubled 3y2 per
cent January 1901 to January 1907 1003216 00
Same for reversionary additions 45489 00
Standard Industrial Mortality table 3
per cent issue of 1907 2700789 00
SubStandard Industrial Mortality table
3 per cent issue of 1907 155277 00
Intermediate mortality table 3 per cent
intermediate policies issue of 1907 1342752 00
Special class mortality table 3 per cent
special class policies issue of 1907 180426 00 5427949 00
5 Net present value of annuities including
those in reduction of premiums Give
tables and rates of interest viz
Actuaries experience table 4 per cent
interest 104210 00
American experience table 3 per cent
interest 742071 00
McClintocks experience table 3 per
cent interest 251719 00 1098000 00
Total 180727289 00436
ComptrollerGenerals Report
6 Deduct net value of risks of this company
reinsured in other solvent companies
112967 00
8 Net reserve 180614322 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 44069 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 116170 34
12 Claims for death losses in process of ad
justment or adjusted and not due 164936 89
13 Claims for death losses which have been
reported and no proofs received 201251 03
15 Claims for death losses and other policy
claims resisted by the company 46021 60
17 Total policy claims
19 Premiums paid in advance including surrender values so
applied
20 Unearned interest and rent paid in advance
24 Salaries rents office expenses bills and accounts due
or accrued
25 Medical examiners and legal fees due or accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise
32 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1908
33 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies
36 Reserve or surplus funds not otherwise included in liabil
ities special Massachusetts reserve i
40 Premiums subject to return
41 Deposit account real estate 5000000 other debits on
open accounts 1979251
42 Agents cash deposits in lieu of bonds
43 Capital stock
44 Unassigned funds surplus
412209 52
146951 39
60850 70
15562 74
175187 54
11517 62
145583 05
469572 44
581041 00
184373 00
1161257 00
7845 24
69792 51
152259 00
2000000 00
11951899 14
45 Total liabilities198320 463 23
CoMPTROLLEKGrENEBAL s BEPORT 437
Business in Georgia During 1907
No Amount
Polices on the lives of citizens of said State in
force December 31 of previous year 84025 12306636 00
Policies on the lives of citizens of said State issued
during the year 31782 4619265 00
Total 115807 16925901 00
Deduct ceased to be in force during the year 23317 3532555 00
Policies in force December 31 92490 13393346 00
Losses and claims unpaid December 31 of prev
ious year 4 415 75
Losses and claims incurred during year 1423 130672 34
Total 1427 131088 09
Losses and claims settled during the year 1419 130600 09
Losses and claims unpaid December 31 8 488 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 430342 68
MERIDIAN LIFE AND TRUST COMPANY INDIANAPOLIS IND
Arthur Jordan President Thomas J Owens Secretary
Principal Office Indianapolis Ind
E C Lester Atlanta Ga Attorney for Service in Georgia
ICapital Stock
1 Amount of net or ledger assets December
31 of previous year 886774 36
Extended at 886774 36
IIIncome During Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses V 6149 49
y2 Cash received for renewal premiums
without deductions for commissions or
other expenses 173102 03
2 Premium notes loans or liens taken in
part payment for renewal premiums 128349 53438
CoMPTROLLERGrENERAls REPORT
3 Prom dividends applied to pay running
premiums
21059 14
Total 398660 19
6 Deduct amount of premiums paid to other
companies for reinsurance on policies m
this company new business 67631 re
newals 54359 1219 90
7 Total premium income
8 Cash received for interest on mortgage loans
10 Received for interest on premium notes loans or liens
and policy loans
13 Cash received for rents for use of companys property
19 From all other sources viz Inspection of loans
Total income
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 39405 23
7 Total net amount actually paid for losses
9 Premium notes loans or liens used in purchase of sur
rendered policies 10630712 voided by lapse 96847
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
13 Surrender values paid in cash
Total paid policyholders 16970913
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 5338550
renewals 133957
18 Cash paid for salaries and allowances to managers and
agents including traveling expenses
19 Cash paid for medical examiners fees 643300 inspec
tion of risks 98182
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 Cash paid for taxes on reserves and investments
23 Cash paid for insurance department fees agents licenses
and municipal licenses
24 Cash paid for rent
27 Cash paid for advertising 100513 printing 227528
postage 100304
28 Cash paid for real estate epenses other than taxes 228
for legal expenses 53710
29 Cash paid for the following items viz Exchange and
discount 5725 office supplies 15252
397440 29
9120 42
r 31635 26
32 00
42 50
438270 47
39405 23
107275 59
687 41
21059 14
1281 76
54725 07
20476 38
7414 82
17980 94
593 38
134 22
986 40
1742 00
3776 21
539 38
209 77
ComptrollerGenerals Report
439
Telegraph and telephone 13222 dray and express
10371 actuary services 50500 light 7755
Total miscellaneous expenses
1143 82
30 Total disbursements 279431 52
5
7
8
9
10
13
14
17
23
24
25
26
IVAssets as Per Ledger Accounts
Cost value of real estate exclusive of all ineumbrances
Loans on Mortgage first liens on real estate
Premium notes for single premiums taken under insurance
law of 1852
Loans made in cash to policyholders on this companys
policies assigned as collateral secured by terms of com
pany loan agreement
Premium notes loans or liens on policies in force
Cash in company s office
Cash deposited in banks
Bills receivable
Agents ledger balances of which 145240 was advanced
during the year
Furniture and fixtures
Mileage rebate
Total net or ledger assets less depreciation
Other Assets
Interest due 37778 and accrued 4
91096 on mortgages 5288 74
Interest accrued 1632vl7 on premiums
notes loans or liens 16327 17
600 00
251339 18
93259 56
667933 69
27 68
904 00
14025 69
853 02
13023 92
3596 57
50 00
1045613 31
Total carried out
New Business Renewals
Gross premiums due and
unreported on policies in
force December 31 1907 34536 50 28133 94
Gross deferred premiums
on policies in force De
cember 31 1907 479 43 3574 03
21615 91
Totals 35015 93 31707 97
Deducting loading 60 per
cent on new and 20
per cent on renewals 21009 56 6341 59
Net amount of uncollected
and deferred premiums 14006 37 25366 38
Supplies stationery printed matter
27
28 Total assets
39372 75
1464 62
1108066 59440
CompteolleeGenebals Repoet
Items Not Admitted
2 Furniture fixtures and safes 3596 57
3 Single premium notes 93259 56
5 Agents balances 13023 92
6 Mileage rebate 50 00
7 Bills receivable 853 02
8 Supplies printed matter and stationery 1464 62
9 Total
10 Total assets less items not admitted 995818 90
VLiabilities
112247 69
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
the Actuaries Table of Mortality with
four per cent interest and American 3
Deduct net value of risks of this company
reinsured in other solvent companies
933352 37
499 93
Net reinsurance reserve 932 852 44
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 10000 00
6 Claims for death losses and other policy
claims resisted by the company 1000 00
Total policy claims 11000 00
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 2 671 50
11 Amount of deferred and uncollected premiums in excess
of net value of their policies 13320 08
12 Amount of National State or other taxes due 417 42
13 Amount due on account of salaries rents and office ex
penses 578 59
16 Amount of any other liability of the company viz
Premiums paid in advance 2792 94
Interest paid in advance 217 37
17 Liabilities on policyholders account 963850 34
18 Gross surplus on policyholders account 144216 25
19 Total liabilities 1108066 59
CoMPTBOLLERGrENEKAL s REPORT 441
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 272 749500 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 729 1534 714 00
Total 1001 2284214 00
Deduct amount and number which have ceased to be
in force during the year 199 529600 00
Total number and amount of policies in force in Geor
gia December 31 1907 802 1754614 00
Amount of losses and claims on policies in Georgia
incurred during the year 4 11000 00
Amount of losses and claims on policies in Georgia
paid during the year 2 6000 00
Amount of premiums collected during the year in cash
3732861
MICHIGAN MUTUAL LIFE INSURANCE COMPANY OF DETROIT
MICHIGAN
O R Looher President A F Moon Secretary
Principal Office 150 Jefferson Avenue Detroit Michigan
F L Woodruff Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 250000 00
Amount of net or ledger assets Decem
ber 31 of previous year 9584173 83
Extended at 9584173 83
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 159315 78
lYz Cash received for renewal premiums
without deductions for commissions or
other expenses 1282931 97
2 Premium notes loans or liens taken in
part payment for renewal premiums 133065 49
3 From dividends applied to pay running
premiums 13686 09
3 From dividends applied to purchase
paidup additions and annuities 6522 29
442
Comptroller General s Report
From surrender values applied to pay
running premiums
524 48
6
Total 1596046 10
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 21955 re
newals 1480080 total 15020 35
9
10
11
12
13
14
Total premium income
Cash received for interest on mortgage loans
Gash received for interest on bonds owned
Cash received for interest on premium notes loans or
liens
Cash received for interest on other debts due the com
pany
Cash received as discount on claims paid in advance
Rents
Cash received for profits on sales of real estate
1581025 75
409084 02
1500 00
69114 51
5095 66
434 64
13607 31
515 00
Total income 2080376 89
IIIDisbursements for the Year 1907
10
11
12
13
14
15
Cash paid for death claims including re
visionary additions 651610 07
Cash paid for matured endowments and
additions thereto 282109 06
Cash paid for sums falling due during the
year on installment policies 3350 00
Total 937069 13
Deduct amount received from other com
panies for losses on claims on policies
of this company 10000 00
Total net amount actually paid for losses and matured
endowments 927069 13
Premium notes loans or liens voided by lapse 3986 27
Cash dividends paid policyholders 11600 59
Cash dividends applied to pay running premiums 13686 09
Cash dividends applied to purchase paidup additions and
annuities 6522 29
Surrender values paid in cash 153813 31
Surrender values applied to pay running premiums 524 48
Surrender values applied to pay notes on defaulted poli
cies 27893 56
Surrender values applied to pay interest on notes of de
faulted policies 472 28
CoMPTROLLERGrENERAL s EePOET
443
Total paid policyholders 114556800
Claims on supplementary contracts not involving 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 1255507
renewals 9976516 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1444600 in
spection of risks 205216
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on new premiums 408444 on re
newals 2230192 total
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents
licenses 176141 municipal licenses 481897 total
24 Cash paid for rent
25 Investment expenses
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 179213 printing 827978
postage 486034 total
28 Cash paid for real estate expenses other than taxes
515571 for legal expenses 1013871 total
29 Cash paid for the following items viz Profit and loss
General expenses office supplies subscriptions etc
Total miscellaneous expenses 459 93397
Total disbursements
1166 66
25000 00
212320 23
39307 44
16498 16
63255 01
26386 36
5608 46
6580 38
11586 72
6537 53
755 32
14932 25
15294 42
8830 69
5874 34
30
1605501 97
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 4
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds owned excluding accrued interest at
time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
Amount deposited to secure appeal Robert J Carey
policy claim No 19886B Entered in liabilities as
resisted claim
248396 41
8242379 02
20000 00
1227176 96
80589 53
25000 00
24720 07
180257 68
9929 08
600 00
13 Total net or ledger assets less depreciation 10059048 75444
ComptrollerGenerals Report
Other Assets
14 Interest due 2066849 and accrued
11348575 on mortgages 134154 24
15 Interest accrued on bonds and stocks 250 00
16 Interest accrued on collateral loans 128 76
17 Interest due 817362 and accrued 9
63972 on premiums notes loans or
liens 17813 34
19 Rents accrued on companys property or
lease 1142 00
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
New Business
Renewals
153488 34
10714 64
1750 00
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
14764 19 47312 87
5398 51 103608 30
Totals
25 Deducting loading
20162 70 150821 17
12670 07 30127 75
26 Net amount of uncollected
and deferred premiums 7492 63 120693 42 128186 05
28 Total assets 10353187 78
Items Not Admitted
5 Agents balances unsecured
Total
2227 92
2227 92
9 Total assets less items not admitted 10350959 86
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries table of mortality with four
per cent interest and American 3 per
cent from January 1st 1903 9842991 19
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 48866 00
Net reinsurance reserve 9794125 19ComptrollerGenerals Report 445
2 Premium notes or loans on policies and other obligations
in excess of the net value of their policies 572 23
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 44001 78
6 Claims for death losses and other policy
claims resisted by the company 4925 00
8 Present value of unpaid amounts on ma
tured installment policies face 68
78334 51524 41
Total policy claims 100451 19
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 420 27
12 Amount of National State or other taxes due 714 46
13 Amount due on account of salaries rents and office ex
penses 2667 35
16 Amount of any other liability of the company viz
Premiums paid in advance 1204610 deposit amount
199363 total 14039 73
Interest paid in advance 25927 02
17 Liabilities on policyholders account 9938917 44
18 Gross surplus on policyholders account 412042 42
19 Total liabilities 10350959 86
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force Dec 31 of previous year1054 1681800 20
Number and amount of policies on the lives of citizens
of Georgia issued during the year 372 884169 14
Total 1426 2565969 34
Deduct number and amount which have ceased to be
in force during the year 302 685250 93
Total number and amount of policies in force in Geor
gia December 31 19071124 180718 41
Amount of losses and claims on policies in Georgia
incurred during the year 10 20099 33
Amount of losses and claims on policies in Georgia
paid during the year 10 20099 33
Amount of premiums collected during the year in cash
5266218 notes or credits 630348 total
5896566446
ComptrollerGeneral s Report
MISSOURI STATE LIFE INSURANCE COMPANY OF ST LOUIS
MISSOURI
Edmund P Melson President B R Nueske Secretary
Principal Office Suite 410425 Chemical Building St Louis Mo
Clifford L Anderson Atlanta Attorney for Service in Georgia
ICapital Stock
stock
100000 00
1 Amount of capital
paid up in cash
Amount of net or ledger assets Decem
ber 31 of previous year
Extended at
905759 06
905759 06
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
1 Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pur
chase paidup insurance and annuities
278694 72
368641 84
347 10
33 33
1335 95
Total 649052 94
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 662675
renewals 341876 total 10045 51
7 Total premium income 639 007 43
8 Cash received for interest on mortgage loans 29778 97
9 Cash received for interest on bonds owned 400 00
10 Cash received for interest on premium notes loans or
liens 20379 98
11 Cash received for interest on other debts due the com
pany 4913 58
17 Premium notes loans or liens restored by revival policies 783 38
19 From all other sources 100 30
695363 64
Total income
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 111756 08
Total 111756 08ComptrollerGenerals Report
447
7
9
10
11
12
13
15
16
17
18
19
20
21
22
23
24
26
27
28
29
Total net amount actually paid for losses and matured
endowments
Premium notes loans or liens used in purchase of sur
rendered policies
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 purchase paidup insurance
and annuities
Total paid polieyholders 161555 48
Cash paid stockholders for interest on dividends
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 18634144
renewals 1624874 total
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1409950 in
spection of risks 446423 total
Cash paid for salaries and all other compensation of of
ficers and other home office employeesT
Cash paid for taxes on new premiums
Cash paid for specific license tax 11000 on invest
ments 166834 total
Cash paid for insurance department fees and agents
licenses 397291 municipal licenses 53780
Cash paid for rent
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 92745 printing 400543
postage 225000 total
Cash paid for legal expenses
Cash paid for the following items viz Collection of
Premiums
Incidental office expense 214765 agents accounts
written off 851042 total
Total miscellaneous expenses 313129 85
30 Total disbursements
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real
estate 594875 77
4 Loans made in cash to policyholders on
this companys policies assigned as
collateral 368392 16
5 Premium notes loans or liens on policies
in force received during the year 14811 92
111756 08
34637 00
129 91
347 10
33 33
13316 11
1335 95
8000 00
202590 18
17221 38
18563 73
27666 34
3942 25
1778 34
4510 71
6386 75
1739 35
7182 88
2012 06
877 81
10658 07
474685 33448 ComptrollerGenerals Eeport
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 10100 00
7 Cash in companys office 4694 05
8 Cash deposited in banks and Trust Com
panies 72681 20
9 Bills receivable 1197 81
10 Agents ledger balances 59684 46
13 Total net or ledger assets less depreciation 1126437 37
Other Assets
14 Interest due 889583 and accrued 18
73021 on mortgages 27626 04
15 Interest accrued on bonds and socks 200 00
17 Interest accrued on premiums notes loans
or liens 8802 25
18 Interest accrued on other assets 1 68
policies in force December 31 1907 38686 15
Total carried out 336629 97
23 Gross premiums due and unreported on
policies in force December 31 1907 38686 15
24 Gross deferred premiums on policies in
force December 31 1907 38525 98
Totals 77212 13
25 Deducting loading 14432 93
26 Net amount of uncollected and deferred
premiums 62779 20
27 Furniture fixtures and safes 6000 00
28 Total assets 1231846 54
Items Not Admitted
2 Furniture fixtures and safes 6000 00
5 Agents balances 59684 46
7 Bills receivable 1197 81
Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 24920 90
Total 91803 17
9 Total assets less items not admitted 1140 043 37

ComptbollebGenebal s Bepobt 449
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of Dec
1907 computed according to the Actu
aries table of mortality with 4 per cent
interest 932117 00
Deduct net value of risks of this company
reinsured in other solvent companies 3266 00
Net reinsurance reserve 928851 00
5 Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due 5216 00
6 Claims for death losses and other policy
claims resisted by the company 2000 00
Total policy claims 7216 00
12 Amount of national State or other taxes due or accrued 3 811 02
13 Amount due on account of salaries rents and office ex
penses and medical examination fees 1 056 24
16 Amount of any other liability of the company viz Prem
iums paid in advance 4 ggy 17
Unearned interest paid in advance 96326 commissions
due agents 36284 j 326 10
17 Liabilities on policy holders account 946927 58
18 Gross surplus on policyholders account 193 115 79
19 Total liabilities 1 140 043 37
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 338 538798 75
Xumbe r and amount of policies on the lives of
citizens of Georgia issued during the year 83 100028 48
Total 421 638827 23
Deduct number and amount which have ceased to be
in force during the year 151 265112 00
Total number and amount of policies in force in Geor
gia December 31 1907 270 373715 23
Amount of losses and claims on policies in Georgia
incurred during the year 2 7830 97
Amount of losses and claims on policies in Georgia
paid during the year 2 7830 97
Amount of premiums collected during the year 1471830
29cg

450 CompteolleeGenebals Repoet
mutual life insurance company of newark new jersey
Frederick Frelinghuysen President J William Johnson Secretary
Principal Office 752 Broad Street Newark New Jersey
Clarence V Angier Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets Decem
ber 31 of previous year101801067 37
Extended at 101801067 37
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 1838398 20
IY2 Cash received for renewal premiums
without deductions for commissions or
other expenses 11762741 36
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies 20334 04
2 Premium notes loans or liens taken in
part payment for renewal premiums 882989 70
3 From dividends applied to pay running
premiums 1499396 87
3 From dividends applied to purchase
paidup additions and annuities 406226 40
4 From surrender values applied to pay run
ning premiums 11122 93
5 Consideration for annuities other than
matured installment policies 243220 63
Total 16664490 13
7 Total premium income 16664430 13
8 Cash received for interest on mortgage loans 2559643 33
9 Cash received for interest on bonds owned and dividends
on stock 1260367 22
10 Cash received for interest on premium notes loans or
liens and collateral loans 1026923 68
11 Cash received for interest on other debts due the com
pany and on deposits in banks 21432 62
12 Cash received as discount on claims paid in advance 1474 17
13 Cash received for rents 128326 41
14 Cash received for profits on sales of bonds or stocks
600088 real estate 766357 total 13664 45
Total income 21676262 01ComptrollerGenerals Report
451
HIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 5203835 08
2 Premium notes loans or liens used in pay
ment of the same
128283 28
3 Cash paid for matured endowments and
additions thereto 1352070 19
4 Premium notes loans or liens used in the
payment of same 50 618 93
5 Cash paid for sums falling due during the
year on installment policies 77 943 79
Total 6812751 27
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
New Business Renewals
9 Premium notes loans or liens used in purchase of sur
rendered policies 23908188 voided by lapse 11
38863 less 12874 restored by revival
9y2 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
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
Total paid policyholders 11135673 35
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 722361 68
renewals 88088165 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 12156100 in
spection of risks 249940
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on premiums 16827260 on fran
ehise 4706974 total
22 Cash paid for taxes on reserves 2201338 on invest
ments 17026621 real estate 4531252
23 Cash paid for insurance department fees and agents
licenses 1296502 municipal licenses 658089
25 Cash paid for commuting commissions
27 Cash paid for advertising 4008522 printing 22
12481 postage etc 4566209
6812751 27
168434 70
250470 51
6471 03
333831 96
1492925 84
406226 40
1653282 06
11279 58
1603243 33
67009 78
124060 40
384573 19
215342 34
237592 11
19545 91
4425 00
107872 12452
ComptbollebGenebais Repobt
28 Cash paid for real estate expenses other than taxes
3041847 for legal expenses 4005759 70476 06
29 Cash paid for the following items viz Mortgage loan
expenses 12170418 loss on sale of real estate 8
47539 total 130179 57
Miscellaneous office expenses 8886010 premiums on
bonds purchased 12641798 agency loss 9434 215372 42
Total miscellaneous expenses 3044704 52
30 Total disbursements 14315365 58
IVAssets as Per Ledger Accounts
Book value of real estate exclusive of all incumbranees 3661921 85
Loans on mortgage first liens on real estate 53859708 33
Loans secured by pledge of bonds stocks or other mar
ketable collaterals 1183550 00
Loans made in cash to policyholders on this companys
policies assigned as collateral or secured by terms of
policy 13628697 10
Premium notes loans or liens on policies in force of
which 1959700 was received during the year 5157557 54
Book value of bonds and stocks owned excluding accrued
interest at time of purchase 30385090 71
Cash in companys office 9115 25
Cash deposited in banks 1234215 08
Agents ledger balances 42107 94
1
2
3
4
5
6
7
8
10
11
12
13
14
15
16
17
Total net or ledger assets as per balance above109161963 80
Deduct depreciation for market value of bonds under
book 680695 22
Total net or ledger assets less depreciation108481268 58
Other Assets
Interest due 3598861 and accrued 1
24998898 on mortgages 1285977 59
Interest accrued on bonds and stocks 265559 60
Interest on collateral loans 50 00
Interest accrued on premiums notes loans
or liens 447139 09
Total carried out 1998726 28
New Business Renewals
23
Gross premiums due and
unreported on policies in
force December 31 1907
183467 68 593473 32ComptrollerGeneral s Report
453
24 Gross deferred premiums
on policies in force De
cember 31 1907
143084 12 936805 89
Totals 326551 80 1530279 21
25 Deducting loading 3827
per cent on new and
20 per cent on renew
als to reduce renewals
to net 124971 37 306055 84
26 Net amount of uncollected
and deferred premiums 201580 43 1224223 37 1425803 80
28 Total assets as per the books of the company111905798 66
Items Not Admitted
5 Agents balances 42107 94
Total 42107 94
9 Total assets less items not admitted111863690 72
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries American and McClintock
tables of mortality with four 3 and
3y2 per cent interest102404872 00
Net reinsurance reserve
4 Claims for matured endowments due and
unpaid
5 Claims for death losses in process of ad
justment or adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
S Present value of unpaid amounts on ma
tured installment policies face 583
92498
102404872 00
31469 00
190313 70
37500 00
446405 06
9 Claims for death losses no proofs received estimated 300000 00
Total policy claims 1005687 76
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 347257 54
12 Amount of National State or other taxes due or accrued 250000 00
13 Amount due on account of salaries rents and office ex
penses 25000 00
454 ComptrollerGenerals Eepoet
16 Amount of any other liability of the company viz
Premiums paid in advance 8398732 dividends pay
able in 1908 247609465 total 2560081 97
Unearned interest 3383640 deferred death claims
19761343 deferred endowment claims 33215311 563602 94
Commissions to agentsdue and accrued 487147 med
ical examiners and legal feesdue and accrued 48
93500 total 53806 47
17 Liabilities on policyholders account107210308 68
18 Gross surplus on policyholders account 4653382 04
19 Total liabilities 111863690 72
21 Estimated surplus accrued on all other policies 465338204
Business in the State of Georgia During the Year 1907
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 4998 10367670 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 983 1896084 00
Total 5981 12263754 00
Deduct number and amount which have ceased to be
in force during the year 545 1057910 00
Total number and amount of policies in force in
Georgia December 31 1907 5436 11205844 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3 13667 00
Amount of losses and claims on policies in Georgia
incurred during the year 63 130633 00
Total 66 144300 00
Amount of losses and claims on policies in Georgia
paid during the year 62 124133 00
Amount of premiums collected in Georgia during
the year 36866815
MODEEN BROTHERHOOD OP AMERICA
T B Hanley President E L Balz Secretary
Home Office Mason City Iowa
IBalance Sheet
Amount of net ledger assets December 31st of previous
year 498607 40
ComptrollekGenebal s Report 455
IIIncome During the Year
2 Dues for expenses per capita tax etc 157954 40
3 Assessments Mortuary 66235465 re
serve 6654960 total 728904 25
Suspense fund being money received and
deposited in bank but not distributed
to the different funds account audit of
reports not completed 17465 48
Total paid by members 904324 13
5 Interest 18681 81
6 From all other sources viz Supplies
sold 10555 13
Field and Working Fund 39704 78
Miscellaneous 6744 92
Total income during the year 980010 77
Sum of both amounts 1478 618 17
IIIDisbursements During Year
1 Death claims 67347691 permanent dis
ability claims 662500 total 680101 91
2 Accident 21418 00
Total paid to members or applicants 701519 91
4 Commissions fees and salaries paid or al
lowed to agents for organization of sub
ordinate bodies 116287 53
6 Salaries of officers 7600 00
7 Salaries and other compensation of office
employees 20288 27
9 Rent and light 223633 advertising and
printing supplies for use 927941 11515 74
10 Postage express and telegraph 757774
legal expenses 326292 supplies for
resale 897875 official publication
922438 insurance departments 1
25555 miscellaneous 293992 mileage
and per diem board of directors 7
08342 bonds local officers 1540202
Inv claims and loans 272107 fur
niture and fixtures 205808 mileage
and expenses 126614 total 47909 99
Total expenses 20360153
Total disbursements 905121 44456 ComptrollerGenerals Report
IVLedger Assets
2 Mortgage loans on real estate first liens 496250 00
4 Face value of bonds excluding interest
and stocks owned absolutely 39499 99
6 Cash deposited in bank2 per cent daily
balances 37746 74
7 Total 573496 73
Deduct Ledger Liabilities
9 Total net ledger assets 573496 73
10 Mortuary 35772 75
11 Reserve 500351 35
12 Suspense 17465 48
13 Expense 19907 15
VNonLedger Assets
14 Interest due 10200 and accrued 16
53356 on mortgages 16635 56
18 Market value of bonds not including in
terest and stocks over book value 2
240483 not carried out
19 Mortuary assessments due on last call
made within six days on insurance
force 62000 00
21 Other items Reserve fund per capita
tax supplies etc 29616 60
Total nonledger assets 108252 16
Gross assets 681748 89
Total admitted assets 681748 89
VINonledger Liabilities
4 Losses on post mortem certificates and
adjusted 65625 resisted 21050 86675 00
5 Salaries rents expenses taxes bills ac
counts fees etc due and accrued 3146 09
Total liabilities 89821 09ComptrollerGenerals Report
457
NATIONAL LIFE INSURANCE COMPANY OF MONTPELIER
VERMONT
Joseph A DeBaer President Osmar D Clark Secretary
Principal Office 116 State Street Montpelier Vermont
Geo M Hope Co Atlanta Attorneys for Service in Georgia
ICapital Stock
Amount of net or ledger assets Decem
ber 31 of previous year 36149037 13
Extended at 36149037 13
IIIncome During the Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 475229 77
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 4515953 29
2 Premium notes loans or liens taken in
part payment for renewal premiums 397660 62
3 From dividends applied to pay running
premiums 135929 70
ZVz From dividends applied to purchase
paidup additions and annuities 9498 67
4 From surrender values applied to pay run
ning premiums 1232 81
5 Consideration for annuities other than
matured installment policies 387248 80
Total 5922753 66
7 Total premium income 5922753 66
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
Cash received for interest on deposits in trust companies
and banks
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 7000 for companys own occupancy
14 Cash received for profits of bonds or stocks 400462
real estate 575 all other 1487775 total
757157 67
623003 99
300231 33
10647 93
17913 54
067 24
42690 06
19457 37458
ComptbolleeGeneeals Repobt
39 From all other sources viz Profit from policy loan and
premium notes repaid from claims 179217 profit
from extra dividends N E Loan Trust Co settle
ment 306 profit from agency adjustment 129426 3089 49
Total income 7698012 28
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
visionary additions 1601342 52
2 Premium notes loans or liens used in pay
ment of the same 27353 40
3 Cash paid for matured endowments and
additions thereto 483212 03
5 Cash paid for sums falling due during the
year on installment policies 5993 21
Total 2117901 16
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies
9 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
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
Total paid policyholders 3356953 90
Paid for claims on supplementary contracts not involv
ing life contingencies
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 21896006
renewals 34018097 annuities 1938602 total
18 Cash paid for salaries and allowances to managers and
agents
19 ash paid for medical examiners fees 4105650 inspec
tion of risks 403191 total
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on new premiums 1412794 on re
newals 9491115 total
22 Cash paid for taxes on reserves 3570527 on invest
ments 18242 total
23 Cash paid for insurance department fees and agents
licenses 353690 municipal licenses 311299 total
2117901 16
253428 65
129227 38
12 14
76945 69
135929 70
9498 67
632777 70
1232 81
4701 00
578527 05
71282 40
45088 41
131938 59
109039 09
35887 69
6649 89ComptrollerGenerals Report
459
24 Cash paid for rent including 7000 companys occu
pancy less 15166 received under sublease
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 3104936 printing and sta
tionery 1127287 postage telegrams and express
2461989 total
28 Cash paid for real estate expenses other than taxes
1613348 for legal expenses 104591
29 Cash paid for the following items viz Taxes on real
estate 835490 travel 1569372 investment ex
penses 2542473
Premium on bonds 939793 profit and loss 2265227
Total miscellaneous expenses 121073265
48067 80
13905 67
66942 12
17179 39
49473 35
32050 20
30 Total disbursements 4567686 55
IV Assets as Per Ledger Accounts
1 Book value of real estate exclusive of all incumbrances 551700 00
2 Loans on Mortgage first liens on Real Estate 16506716 21
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 4910654 13
5 Premium notes loans or liens on policies in force 1483941 93
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase 15512425 00
7 Cash in companys office 673 72
8 Cash deposited in banks 311089 30
9 Bills receivable 1810 73
10 Agents ledger balances 351 84
11 Net ledger assets as per balance above 39279362 86
Other Assets
14 Interest due 595945 and accrued 336
71905 on Mortgages 342678 50
15 Interest accrued 22375918 on bonds and
and stocks
17 Interest due 1942102 and accrued
16902359 on premiums notes loans or
liens
18 Interest accrued 55200 on other assets
19 Rents due 24320 and accrued 102391
on companys property or lease
22d759 18
188444 61
552 00
1267 11
Total carried out
756701 40
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907j
38080 24 344141 65460
ComptrollerGenerals Report
24 Gross deferred premiums
on policies in force De
cember 31 1907
Totals
25 Deducting loading 20 per
cent on new and 20
per cent on renewals
45549 28 433392 62
83629 52 777534 27
16725 90
155506 85
26 Net amount of uncollected
and deferred premiums 66903 62 622027 42 688931 04
27 Annuity considerations due and unreported net 20022 37
28 Total assets as per the books of the company 40745017 67
Items Not Admitted
5v Agents balances 351 84
7 Bills receivable 1810 73
8 Book value of bonds over market value 337914 00
Total
340076 57
40404941 10
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding policies in force
one the 31st day of December 1907 computed accord
ing to The Actuaries Table of Mortality with four per
cent interest 35286900 24
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies
3 Claims for matured endowments due and
unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
7 Amounts due and unpaid on annuity
claims
8 Present value of unpaid amounts on ma
tured installment policies face 89
06996
35 84
2073 00
57316 28
2000 00
6936 21
76157 85
Total policy claims
Due and unpaid on supplementary contracts not involv
ing life contingencies
144518 98
30 00ComptrollerGenerals Report
461
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders 9992 23
12 Surrender values claimable on surrendered policies 5724 79
13 Amount of National State or other taxes due and amount
due on account of salaries rents and office expenses 154605 45
16 Amount of any other liability of the company viz
Premiums paid in advance 1551145 unearned inter
est and rent 53342 16044 87
Life rate endowment reserve 23896981 commissions
due agents 92000 239889 81
17 Liabilities on policyholder s account
18 Gross surplus on policyholders account
19 Total liabilities
20 Estimated surplus accrued on Tontine or
other policies the profits upon which are
especially reserved for that class of poli
cies 3524865 72
21 Estimated surplus accrued on all other
policies 1022369 01
Business in Georgia During 1907
No
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1476
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 851
35857706 37
4547234 73
40404941 10
Total 2327
Deduct number and amount which have ceased
to be in force during the year 472
Total number and amount of policies in force in
Georgia December 31 1907 1855
Amount of losses and claims on policies in Georgia
incurred during the year 31
Amount of Losses and claims on policies in Georgia
paid during the year 31
Amount of premiums collected or secured in Georgia during
the year without any deduction for losses dividends com
missions or other expenses cash 8942770 notes or cred
its 849907 total
Amount
2971696 90
1941721 06
4913417 96
1119453 80
3793964 16
62661 00
62661 00
97926 77462 ComptrollerGenerals Report
new england mutual life insueance company of
massachusetts
Benjamin F Stevens President D F Appel Secretary
Home Office 87 Milk Street Boston Mass
Thomas B Lumpkin Atlanta Attorney for Services in Georgia
1Capital Stock
1 Amount of capital paid up in cash 40654066 39
4 Extended at 40654066 39
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses for first years reinsur
ance 530123 51
6 Surrender values applied to pay first
years premiums 482 45
7 Total first years premiums on original
policies 530605 96
8 Dividends applied to purchase paidup ad
ditions 171134 55
9 Surrender values applied to purchase paid
up insurance 9 791 25
11 Consideration for supplementary contracts
involving life contingencies 1 059 00
12 Total new premiums 712 590 76
13 Renewal premiums without deduction for
commissions or other expenses for re
insurance on renewals 5429301 63
14 Dividends applied to pay renewal prem
iums 648278 92
15 Surrendered values applied to pay renewal premiums 24381 08
16 Renewal premiums for deferred annuities 6101 961 63
17 Total renewal premiums 6 814 552 39
19 Consideration for supplementary contracts not involving
life contingencies 28 094 00
22 Gross interest on mortgage loans 480685 45
23 Gross interest on collateral loans 63610 93
24 Gross interest on bonds and dividends on
stocks 1014055 33
25 Gross interest on premium notes policy
loans or liens 226 913 81
B
ComptrollerGeneral s Report
463
26 Gross interest on deposits in trust com
panies and banks 8178 45
28 Gross discount on endowment claims paid
in advance 2584 52
29 Gross rent from companys property in
cluding 3613800 for companys oc
cupancy of its own buildings 208132 06
30 Total gross interest and rents
31 Gross profits on sale or maturity of
ledger assets viz
2004160 55
4700 63 10613 00 35652 53 50966 98 18562



16
31 Gross increase in book value of ledger assets viz 93 98 00


93
34 36 Taxes and fire insurance on mortgage loans Dividend on Fall River Gas Works 12062 58 6500 00
f8

30 8916434 61
IIIDisbursements

1 For death claims 234073916 additions
2774300 2368 482 16
2 For matured endowments 43007300
additions 505800 435331 00
3 Net amount paid for losses and matured endowments
5 Premium notes voided by lapse 70000
6 Surrender values paid in cash
7 Surrender values applied to pay new premiums 48245
to pay renewal premiums 2438108
8 Surrender values applied to purchase paidup insurance
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums
11 Dividends applied to purchase paidup additions
2803813 16
1795 09
665619 92
24863 53
9791 25
80363 23
648278 92
171134 55
12 Total paid policyholders
4405659 65464 ComptrollerGenerals Report
14 Paid for claims on supplementary contracts not involving
life contingencies 7751 00
15 Paid for claims on supplementary contracts involving life
contingencies 3500 00
16 Commissions to agents less commission on reinsurance
first years premiums 21460695 renewal premuims
302761 19 517368 14
17 Commuted renewal commissions 2315 45
18 Salaries and allowances for agencies including managers
agents and clerks 116088 72
19 Agency supervision traveling and all other agency
expenses 5018 79
20 Medical examiners fees 3851894 inspection of risks
120062 39719 56
21 Salaries and all other compensation of officers directors
trustees and home office employees 193187 27
22 Rent including 3613800 for companys occupancy of its
own buildings 43750 88
23 Advertising 994659 printing and stationery 27
74450 postage telegraph telephone and express 10
79425 48485 34
24 Legal expense 1601 18
25 Furniture fixtures and safes 10198 45
26 Insurance taxes licenses and department fees 112844 37
27 Taxes on real estate 45081 36
28 Repairs and expenses other than taxes on real estate 81714 26
29 Gross loss on sale or maturity of ledger
assets viz
Real estate 1900 00
Bonds 97 58
Other assets 997 58
30 Gross decrease in book value of ledger
assets viz
Real estate 53589 99
Bonds 10036 25
Stocks 34230 40
Other assets 97856 64
32 Miscellaneous profit and loss items 491 03
33 Miscellaneous expense 6 493 98
40 Total disbursements 5741123 65
ComptbollebGenebals Repobt
465
IVLedger Assets
1 Book value of real estate 118074255
incumbered 130692092 mortgage of
40000 on property when purchased not
yet due 2487663 47
2 Mortgage loans on real estate first liens
1100380834 other than first liens
71500000 11718808 34
3 Loans secured by pledge of bonds stocks
or other collateral 974900 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 4224102 72
5 Premium notes on policies in force 662833 06
6 Book value of bonds excluding interest
2054742400 and stocks 263840300 23185827 00
7 Cash in companys office 1 573 51
9 Deposited in trust companies and banks
on interest 573669 25
12 Total ledger assets 43829377 35
NonLedger Assets
13 Interest due 35333 and accrued 103
25295 on mortgages 103606 28
14 Interest accrued on bonds 136665 83
15 Interest accrued on collateral loans 10896 73
6 Interest due 1084665 and accrued 50
38660 on premium notes policy loans or
liens
17 Interest accrued on other assets
18 Rents due 175718 and accrued 15
60886 on companys property or lease
61233 25
413 97
17366 04
19 Total interest and rents due and accrued
New Business
23 Gross premiums due and
unreported on policies in
force Dec 31 1907
24 Gross deferred premiums on
policies in force Decem
ber 31 1907
330182 10
Renewals
232066 08
67604 40
81262 72
25 Totals
26 Deduct loading
67604 40 313 328 80
15332 68 71062 97
27 Net amount of uncollected
and deferred premiums
28 All other assets
52271 72 242265 83
294537 55
33 Gross assets 44454097 00
30cg466
ComptrollerGenerais Report
Deduct Assets Not Admitted
40 Book value of ledger assets over market value
292004 00
44 Total admitted assets 44162093 00
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of
December 1907 as computed by the com
panys actuary on the following tables
of mortality and rates of interest viz
1 Actuaries table at 4 per cent on all
policies issued prior to 1901 31593003 62
Same for reversionary additions 31593003 62
2 American experience table at 3 per cent
on all policies issued from January 1
1901 to December 15 1907 except joint
life additions on all policies 7808505 24
Same for reversionary additions 636913 69 8445418 93
3 American experience table at 3 per cent
on joint life and ordinary policies writ
ten after December 15 1907 to be dated
in 1908 14519 35
Same for reversionary additions 303 05 14822 40
5 Net present value of annuities including
those in reduction of premiums viz
4 per cent 56 39
3y2 per cent 4741 16
3 per cent 15443 31 20240 36
Total 40073485 81
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary 173042 88
11 Claims for death losses due and unpaid 2000 00
12 Claims for death losses in process of ad
justment or adjusted and not due 114891 39
13 Claims for death losses which have been
reported and no proofs received 76976 00
14 Claims for matured endowments due and
unpaid 69671 00
15 Claims for death losses and other policy
claims resisted by the company 9500 00
17 Total policy claims 273038 39
19 Premiums paid in advance including surrender values so
applied 54424 39ComptrollerGenerals Report 467
20 Unearned interest and rent paid in advance 1205 55
21 Commissions due to agents on premium notes when paid 26494 56
22 Commissions to agents due or accrued 3542 94
24 Salaries rents office expensesbills and accounts due or
accrued 7115 72
25 Medical examiners and legal fees due or accrued 555 15
26 State county and municipal taxes due or accrued 107859 27
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 195099 45
32 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1908 87500 55
33 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies viz 1909 7336340
1910 5290460 1911 1329540 139563 40
44 Unassigned funds surplus 3019164 34
45 Total liabilities 44162093 00
Business in Georgia During 1907
Policies on the lives of citizens of said State in force
December 31 1906 1324 2543781 30
Policies on the lives of citizens of said State issued
increased and revised during 1907 208 393208 00
Total 1532 2936989 00
Deduct ceased to be in force and decreased during
the year 182 262165 00
Policies in force December 31 1907 1350 2674824 00
Losses and claims unpaid December 31 1906 1 1000 00
Losses and claims incurred during the year 18 25907 00
Total 19 26907 00
Losses and claims settled during the year 17 20907 00
Losses and claims unpaid December 31 19 2 6000 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 87051 74468 ComptrollebGenebais Repoet
NEW YORK LIFE INSURANCE COMPANY NEW YORK
Darwin P Kingsley President John C McCall Secretary
Home Office 346 Broadway New York City
E J Clark Atlanta Attorney for Service in Georgia
1Capital Stock
2 Amount of ledger assets as per balance
December 31 of previous year466234318 55
4 Extended at 466234318 55
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 5404651 24
8 Dividends applied to purchase paidup ad
ditions and annuities 416633 60
10 Consideration for original annuities in
involving life contingencies 556740 86
11 Consideration for supplementary contracts
involving life contingencies 104809 86
12 Total new premiums 6482745 56
13 Renewal premiums without deduction for
commissions or other expenses less 156
02944 for reinsurance on renewals 72661812 52
14 Dividends applied to pay renewal prem
iums 750258 89
15 Surrender values applied to pay renewal
premiums 21843 37
16 Renewal premiums for deferred annuities 23648 77
17 Total renewal premiums 73457 563 55
18 Total premium income 79940309 11
19 Consideration for supplementary contracts not involving
life contingencies 209954 r 5
21 Premium notes loans or liens restored by revival of
policies 27263 18
22 Gross interest on mortgage loans 1803135 90
23 Gross interest on collateral loans 194092 66
24 Gross interest on bonds 14508457 30
25 Gross interest on premium notes policy
loans or liens 3574 964 98
26 Gross interest on deposits in trust com
panies and banks 285380 89
27 Gross interest on other debts due the
company 545 58

ComptrollerGenerals Report 469
28 Gross discount on claims paid in advance 648 13
29 Gross rents from companys property including 262
01904 for companys occupancy of its own buildings 1059132 63
30 Total gross interest and rents 21 426 357 97
31 Gross profit on sale or maturity of ledger
assets viz
Real estate 15 00
Bonds 85947 74
Other assets 85926 74
32 Gross increase in book value of ledger
assets viz
Bonis 181023 07
Increase in exchange value of foreign cur
rency balances in banks 3767 39 184790 46
34 Commissions advanced in previous years
now refunded 94 441 72
35 Policy fees 27497 26
36 Realized from sale of furniture fixtures
and books 6833 50
37 Reimbursemet of contribution made to the
electoral campaign of 1904 5401919
doubtful debts recovered 87144 54890 63
283633 10
39 Total income 102158301 31
IIIDisbursements
1 For deathclaims less 5782044 reinsur
ance additions 112507939 22761594 50
2 For matured endowments less 27000 re
insurance 568477882 additions
11795805 5802736 87
3 Net amount paid for losses and matured endowments 28564331 37
4 For annuities involving life contingencies 1774 484 10
6 Surrender values paid in cash 11 gio 853 73
7 Surrender values applied to pay new premiums and to pay
renewal premiums 21 843 37
9 Dividends paid to policyholders in cash 4710 461 44
10 Dividends applied to pay renewal premiums 750 258 89
11 Dividends applied to purchase paidup additions and an
nuities 416633 60
12 Total paid policyholders 48048866 50470
CompteolleeGeneeals Kepobt
13 Expense of investigation and settlement of policy claims
including 1221054 for legal expense 16688 71
14 Paid for claims on supplementary contracts not involving
life contingencies 212622 87
16 Commissions to agents less commission on reinsurance
First years premiums 250687369 renewal premiums
130464073 annuities original 1195105 renewal 3823465 47
17 Commuted renewal commissions 167691 17
18 Salaries and allowances for agencies including managers
agents and clerks 1767750 29
19 Agency supervision traveling and all other agency ex
penses 366144 i3
20 Medical examiners fees 24125742 inspection or risks
6388192 305139 34
21 Salaries and all other compensation of officers directors
trustees and home office employees 1345541 71
22 Rent including 26201904 for companys occupancy of
its own buildings less 1414198 received under sublease 611240 33
23 Advertising 4353387 printing and stationery 205
27362 postage telegraph telephone and express 235
05360 483861 09
24 Legal expense 49615 47
25 Furniture fixtures and safes 22047 34
26 Insurance taxes licenses and department fees 970124 93
27 Taxes on real estate 148408 57
28 Eepairs and expenses other than taxes on real estate 269953 01
29 Gress loss on sale or maturity of ledger
assets viz
Real estate 146 50
Bonds 689 48
Other assets 835 98
30 Gross decrease in book value of ledger
assets viz
Real estate 2000 00
Bonds 5165428 93
Decline in exchange value of foreign cur
rency balances in banks 92361 07 5259790 00
32 Commissions advanced 3661 68
33 Paid agents under Nylic contracts 498526 17
34 Restaurant 3764122 premiums on fidel
ity bonds 959453 custody of securi
ties 1961749 papers books subscrip
tions 786237 legislative expenses
1406876 association of life insurance
presidents not including amount paid
them for legislative expenses 969599
expenses trustees election 1906 123 ComptrollerGeneral s Report
471
35
55523 expenses trustees election 1908
2878683 miscellaneous interest pay
ments 198697 inspection reports not
in connection with new business 3
74998 executive committee miscel
laneous expenses 7963 miscellaneous
items of expense 1291255
Exchange
36 Doubtful debts marked off 2164731 ac
cidents and errors 22934
269551 55
47498 52
21876 65 841114 57
40 Total disbursements 64710901 48
IVLedger Assets
1 Book value of real estate i
2 Mortgage loans on real estate first lieus
3 Loans secured by pledge of bonds
i Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest
7 Cash in companys office
8 Deposited in trust companies and banks not on interest
9 Deposited in trust companies and banks on interest
10 Bills receivable
11 Cash in companys branch office
12721861 05
50217704 06
900000 00
69094559 05
4142391 58
357333254 60
59256 50
1333 538 11
7778907 33
220 13
100025 37
2 Total ledger assets 503681718 38
NonLedger Assets
13 Interest due 4896050 and accrued 351
87897 on mortgages 400839 47
14 Interest due 2787023 and accrued 4
93286512 on bonds 4960735 35
15 Interest accrued on collateral loans 16138 88
16 Interest accrued on premium notes nolicy
loans or liens 167441 69
17 Interest accrued on other assets 27544 66
18 Bents due 1022615 and accrued 10
42676 on companys property or lease 20652 91
19
Total interest and rents due and accrued 5593352 96
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 62935 80 4907269 93
472
ComptrollerGenerals Report

24 Gross deferred premiums
on policies in force De
cember 31 1907
245696 82 4767686 00
25 Totals
26 Deduct loading 25 per cent
27 Net amount of uneollected
308632 62 9674955 93
77158 16 2418738 98
and deferred premiums 231474 46 7256216 95 7487691 41
33 Gross assets 516762762 15
Deduct Assets Not Admitted
40 Book value of ledger assets over market
value 22353734 75
42 Branch office balances 220 13
43 Total 22353954 88
44 Total admitted assets 494 408 807 87
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 as computed by the insur
ance department of the State of New
York on the following tables of mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on issues
prior to 1901 except those bearing
3 per cent208969122 00
Same for reversionary additions 208969122 00
2 American experience table at 3 per cent
on insurances bearing 3 per cent guar
antees 158604095 00
Same for reversionary additions 158 604 095 00
3 American experience table at 3 per cent
on issues of 1901 and since except those
bearing 3 per cent guarantees 4050 748 00
Same for reversionary additions 2694201 00 6744 949 00
Double American experience table at 3 per
cent on tropical insurances and those
on impaired lives 20857096 00
Sesqui American experience table at 3 per
cent on semitropical insurances and
those on partially impaired lives 21644549 00
Same for revisionary additions 42 501645 001
CompteolleeGeneeals Repoet
5 Net present value of annuities includ
ing those in reduction of premiums viz
Actuaries table at 4 per cent on issues
prior to 1901
American experience table at 3 per cent
on issues of 1901 to 1906 inclusive
McClintocks annuity table 3 per cent
on issues of 1907
473
8570863 00
6995885 00
645275 00 16212023 00
Total 433031834 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 159 477 qq
432872357 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 2099624 19
10 Liability on policies canceled and not included in net
reserve upon which a surrender value may be de
manded 257562 11
12 Claims for deathloss in process of adjustment or adjusted
and not due 861712 15
13 Claims for deathlosses which have been reported and no
proofs received 1669665 54
14 Claims for matured endowments due and unpaid 261472 93
15 Claims for deathlosses and other policy claims resisted by
the company 194860 79
16 Due and unpaid on annuity claims involving life contin
gencies 106358 02
17 Total policy claims 3094070 03
19 Premiums paid in advance including surrerfder values so
applied
20 Unearned interest and rent paid in advance On prem
ium notes 7534181 on policy loans 152438815
21 Commissions due to agents on premium notes when paid
22 Commissions to agents due or accrued
24 Salaries rents office expenses bills and accounts due or
accrued
25 Medical examiners inspectors and legal fees due or
accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 439 721 02
712149 27
1599729 96
45148 74
20298 74
79462 11
12452 99
13779 15474
ComptrollerGenerals Report
31 Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise 1004945 00
32 Dividends declared on or apportioned to deferred dividend
policies payable to polieyholders during 1908 5195993 18
33 Amount set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 35863716 00
Account for 1907
Liability held January 1 1907 34208312 00
Added during 1907 6851397 18
Deduct dividends declared for 1908
41059709 18
5195933 18

Liability held December 31 1907 35863716 00
34 Reserve or surplus funds not otherwise included in
liabilities consisting of additional reserve on policies
which the company voluntarily sets aside in excess of
the States requirements 279155800 war risk fund
50063200 mortality fluctuation fund 50000000 se
curity fluctuations and general contingency fund 7
30560838 11097798 38
45 Total liabilities 494408807 37
Business in Georgia During 1907
No Amount
Policies on the lives of citizens of said State in
force December 31 of previous year11784 23270581 00
Policies on the lives of citizens of said State issued
durng the year 984 2325964 00
Totals 12768
Deduct ceased to be in force during the year 903
Policies in force December 31 1907 11865
Losses and claims unpaid December 31 of prev
ious year 6
Losses and claims incurred during the year 139
25596545 00
2009175 00
23587370 00
10620 00
338993 12
Total 145 349613 12
Losses and claims settled during the year 135 329318 12
Losses and claims unpaid December 31 1907 10 20295 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 785462 32CoMPTBOLLEBGrENEBAL s REPOET
475
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF
MILWAUKEE
H L Palmer President A S Hathaway Secretary
Home Office Corner Broadway and Michigan St Milwaukee Wis
W Woods White Atlanta Attorney for Service in Georgia
1Capital Stock
2 Amount of ledger assets as per balance
December 31 of previous year215910703 11
4 Extended at 215910703 11
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less none for first years
reinsurance 3442171 18
7 Total first years premiums on original
policies 3442171 18
8 Dividends applied to purchase paidup ad
ditions and annuities 997554 87
10 Consideration for original annuities in
volving life contingencies 80866 07
11 Consideration for supplementary contracts involving life
contingencies 335 41
12 Total new premiums 4521927 53
13 Renewal premiums without deduction for
commissions or other expenses 25440909 23
14 Dividends applied to pay renewal premiums 3477049 48
16 Renewal premiums for deferred annuities 1924 26
17 Total renewal premiums 28 919 882 97
18 Total premium income 33441810 50
19 Consideration for supplementary contracts not involv
ing life contingencies 150 823 77
21 Premium notes loans or liens restored by revival of
Policies 2824 2g
22 Gross interest on mortgage loans 5182459 91
24 Gross interest on bonds and dividends on
stocks 3077634 99
25 Gross interest on premium notes policy
loans or liens 1182407 82
26 Gross interest on deposits in trust com
panies and banks no deposits in trust
companies 37284 87476
ComptrollerGenerals Report
27 Gross interest on other debts due the
company 236677 36
28 Gross discount on claims paid in advance
only endowments discounted 18640 67
29 Gross rent from companys property
including 5334210 for companys oc
cupancy of its own buildings 264857 47
30 Total gross interest and rents 9999963 09
31 Gross profit on sale or maturity of ledger
assets viz
Real estate 47485 32
Other assets old debt paid 800 loss on
real estate loans charged to profit and
loss in 1906 recovered 50000 508 00 47933 32
32 Gross increase in book value of ledger
assets viz Eeal estate 2000 00
39 Total income 43645414 96
IIIDisbursements
1 For death claims less none reinsurance
772702449 additions 18229199 7909316 48
2 For matured endowments less none re
insurance 194888000 additions 72
52361 2021403 61
3 Net amount paid for losses and matured endowments 9930720 09
4 For annuities involving life contingencies 67945 77
5 Premium notes voided by lapse 5642 88
6 Surrender values paid in cash 5532887 11
9 Dividends paid to policyholders in cash 3436681 05
10 Dividends applied to pay renewal premiums 3477049 48
11 Dividends applied to purchase paidup additions and
annuities 997554 87
12 Total paid policyholders 23448 481 25
13 Expense of investigation and settlement of policy claims
including 208001 for legal expense 8 391 27
14 Paid for claims on supplementary contracts not involv
ing life contingencies 124 061 54
16 Commissions to agents less commission on reinsurance
first years premiums 159059325 renewal premiums
210599133 annuities original 22107 renewal
4264 3696848 29
17 Commuted renewal commissions 2 500 00
18 Salaries and allowances for agencies including managers
agents and clerks g 999 94ComptrollerGenerals Beport 477
19 Agency supervision traveling and all other agency
expenses 4 274 49
20 Medical examiners fees 18169229 inspection of
risks 2622137 207913 66
21 Salaries and all other compensation of officers directors
trustees and home office employees 636340 75
22 Rent including 5334210 for companys occupancy of its
own buildings 53342 10
23 Advertising 706435 printing and stationery 71
23614 postage telegraph telephone and express
11820335 196503 84
24 Legal expenses 4162 90
25 Furniture fixtures and safes 11 137 33
26 Insurance taxes licenses and department fees 762819 69
27 Taxes on real estate 40 432 87
28 Repairs and expenses other than taxes on real estate 128753 57
29 Gross loss on sale or maturity of ledger
assets viz
Real estate 5641 57
Bonds 258557 31
Other assets Second payment acct policy
claim first payment made on judgment 1500 00 265698 88
30 Gross decrease in book value of assets viz Real estate 17644 67
32 Loan expenses 16025967 traveling
expenses 24018 160499 85
33 Legislative expenses 2138675 exchange
1015640 31553 14
34 Expenses incurred by reason of Wisconsin
legislature investigating committee 279 50
35 Expenses incurred in proceedings before
Wisconsin tax commission 711 71
193044 20
40 Total disbursements 29806351 24
IVLedger Assets
1 Book value of real estate 2293123 69
2 Mortgage loans on real estate first liens 121740637 11
4 Loans made to policyholders on this companys policies
assigned as collateral 30211831 71
5 Premium notes on policies in force of which none is for
first years premiums 365876 02
6 Book value of bonds excluding interest 7344076436
and stocks 73440764 36
7 Cash in company s office 187 859 71478 ComptrollerGenerals Report
9 Deposited in trust companies and banks on interest no
deposits in trust companies 1488205 09
10 Bills receivable 21469 14
12 Total ledger assets 229749766 83
NonLedger Assets
13 Interest due 1345601 and accrued 1
73089230 on mortgages1744348 31
14 Interest accrued on bonds 1072094 15
16 Interest due 14395281 and accrued
75780579 on premium notes policy
loans or liens 901758 60
18 Rents accrued on companys property or
lease 15716 79
19 Total interest and rents due and accrued 3733917 85
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 14398 00 1403175 53
24 Gross deferred premiums
on policies in force De
cember 31 1907 215162 00 1638466 00
25 Totals 229560 00 3041641 53
26 Deduct loading 50503 20 669161 14
27 Net amount of uncollected
and deferred premiums 179056 80 237248039 2551537 19
33 Gross assets 236035221 87
Deduct Assets Not Admitted
36 Agents debit balances 21469 14
40 Book value of ledger assets over market
value viz Bonds 3194506 66
43 Total 3215975 80
44 Total admitted assets 232819246 07
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of
December 1907 as computed by the
company on the following tables of
mortality and rates of interest vizComptrollerGeneral s Report
479
1 Actuaries table at 4 per cent on life
endowment and term policies128278360 00
Same for reversionary additions 4021776 00

132300136 00
2 American experience table at 3 per cent
on life endowment and term policies 64361058 00
Same for reversionary additions 2141073 00 66502131 00
5 Net present value of annuities including
those in reduction of premiums Give
tables and rates of interest viz
Actuaries table at 4 per cent 532727 00
American experience table at 3 per cent 286751 00
Total
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
11 Claims for death losses due and unpaid 56530 16
12 Claims for death losses in process of ad
justment or adjusted and not due 255248 53
13 Claims for death losses which have been
reported and no proofs received 287868 00
14 Claims for matured endowments due and
unpaid 7055996
15 Claims for death losses and other policy
claims resisted by the company 108149 79
16 Due and unpaid on annuity claims involv
ing life contingencies 275 00
17 Total policy claims
18 Due and unpaid on supplementary contracts not involving
life contingencies
19 Premiums paid in advance including surrender values
so applied
22 Commissions to agents due or accrued
24 Salaries rents office expenses bills and accounts due or
accrued
25 Medical examiners and legal fees due and accrued
26 State county and municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
819 478 00
621745 00
1198853 27
6417 45
778631 14
1832 50
67764 50
72000 00
19302 S3
48929 94
10000 00
638098 55480
ComptbollebGeneeals Repoet
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise 5421655 00
32 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1908 3469840 00
33 Amount set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies tontine
surplus payable to policyholders subsequent to 1908
as the periods of participation matured 10 year period
10627300 15 year period 116936200 20 year
period 1776076700 19036402 00
44 Unassigned funds surplus 2427773 59
45 Total liabilities 232819246 07
Business in Georgia During 1907
No Amount
Policies on the lives of citizens of said State in
force December 31 of previous year 7145 16200958 00
Policies on the lives of citizens of said State re
ported during the year 859 1969200 00
Total 8004 18170158 00
Deduct ceased to be in force during the year in
cluding removals from the State 440 1026725 00
Policies in force December 31 7564 17143 433 00
Losses and claims unpaid December 31 of pre
vious year 1 30000 00
Losses and claims incurred during year 86 183 484 00
Total 87 213484 00
Losses and claims settled during the year 83 209984 00
Losses and claims unpaid December 31 4 3 500 00
Premiums collected or secured in cash and notes or credits
not including premiums paid by nonresidents without
any deduction for losses dividends commissions or other
exPenses 567820 08ComptrollebGenebal s Repobt
481
RELIANCE LIFE INSURANCE COMPANY OF PITTSBURGH PA
James H Reed President H G Scott Secretary
Principal Office Pittsburgh Pa
J H Pearce Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets December
31 of previous year 2179107 01
Extended at 2179107 01
IIIncome During Year 1907
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses 214922 22
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 283261 07
2 Premium notes loans or liens taken in
part payment for renewal premiums 47586 88
3 From dividends applied to purchase paid
up additions and annuities 1345 40
Total
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 235912
renewals 706473
547115 57
9423 85
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owner and dividends
on stock
10 Cash received for interest on premium notes loans or liens
11 Cash received for interest on deposits of the company
12 Cash received as discount on other debts due the company
537691 72
17431 67
65723 16
4721 14
5080 84
2065 12
Total income
Total
632713 65
2811820 66
IIIDisbursements for the Year 1907
1 Cash paid for death claims including
revisionary additions
8 Cash paid to annuitants
31eg
615 41
75 00482
CoMPTROLLERGrENERAls REPORT
9 Premium notes loans or liens used in purchase of sur
rendered policies
10 Cash dividends paid policyholders
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
Total paid policyholders
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 15361726
renewals 1643784
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 2205955 in
spection of risks 347462
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
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 299936 printing 808383
postage telegraph telephone and express 293649
29 Cash paid for the following items viz agency supervision
314823 legal expenses 51690 library photographic
fire insurance etc 393960
1615 09
995 42
1345 40
12264 55
104910 87
170055 10
4153 dS
25534 17
22992 47
10222 2
16596 25
23863 83
1166 12
14019 OS
7604 73
30 Total disbursements
401119 43
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 349900 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 80716 23
5 Premium notes loans or liens on policies in force 46735 24
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 1703 576 37
7 Cash in company s office 1 312 90
8 Cash deposited in banks 153 089 25
10 Agents ledger balances 65 371 24
2410701 23
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 154000 and accrued 3
36278 on mortgages
4902 78ComptrollerGenerals Beport
483
15 Interest accrued on bonds and stocks
18 Interest accrued on other assets
29997 21
357 42
Total carried out
35257 41
New Business
Renewals
9862 30 54064 27
24 Gross deferred premiums
on policies in force De
cember 31 1907
25 Deduct loading 20 per
cent on new and 20
er cent on renewals 1972 46 13748 35
per
26 Net amount of uncollected
and deferred premiums 7889 84 54993 40 62883 24
27 Furniture fixtures and safes 11777 67
Total assets as per the book of the company 2520619 55
Items Not Admitted
2 Furniture fixtures and safes
5 Agents balances
11777 67
65371 24
Total
77148 Jl
9 Total assets less items not admitted 2443470 64
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to
American experience with 3 per cent
interest 863323 00
Deduct net value of risks of this company
reinsured in other solvent companies 4739 00
Net reinsurance reserve 858584 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 1000 00
6 Claims for death losses which have been
reported and no proofs received 4000 00
Total policy claims
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Prem
iums paid in advance less 20 per cent loading
5000 00
1670 75
1766 83484
CompteollebGeneeals Eepoet
Commissions due to agents on premium notes when paid
17 Liabilities on policyholders account
18 Capital stock and gross surplus on policyholders account
19 Total liabilities
3505 01
870526 59
1572944 05
2443470 64
Business in Georgia During 1907
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year
Number and amount of policies on the lives of
citizens of Georgia issued during the year
No
652
459
Amount
8828 20
6819 20
Total 1111
Deduct number and amount which have ceased to
be in force during the year 256
15647 40
3480 20
Total number and amount of policies in force in
Georgia December 31 19 855 12167 20
Amount of losses and claims on policies in Georgia
incurred during the year 12 22000 00
Amount of losses and claims on policies in Georgia
paid during the year 10 19000 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 50896 02
RIDGLEY PROTECTIVE ASSOCIATION OF WORCESTER MASS
Francis A Harrington President Albert L Pratt Secretary
Principal Office 518 Main Street Worcester Mass
Ralph J Winters Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 27 as a fraternal 145863 42
Extended at 245863 42
IIIncome During Year 1907
19 From all other sources viz Interest on
deposits 41470 advance payments
29210 706 80
Total
246570 22ComptrollerGeneral s Report 485
IIIDisbursements For The Year 1907
I Cash paid for death health and accident claims including
revisionary additions 1003 22
18 Cash paid for salaries and allowances to managers
and agents 100 00
20 Cash paid for salaries and all other compensation of
officers and other home office employees 555 21
30 Total disbursements 1658 46
IVAssets as Per Ledger Accounts
8 Cash deposited in banks 21698 01
Book value of bonds excluding interest 26213 75
II Total net or ledger assets 244911 76
12 Deduct depreciation from cost of assets to bring same
to market value 5258 75
13 Total net or ledger assets less depreciation 239653 01
Other Assets
15 Interest due 69125 and accrued 35000 on bonds
and stocks 1041 25
28 Total assets as per the books of the company 240694 26
VLiabilities
3 Claims for health and accident reported
proofs not received 26440 40
5 Claims for death losses reported proofs
not received 1200 00
Total policy claims 27640 40
12 Amount of national State or other taxes due 250 00
13 Amount due on account of salaries rents and office ex
penses 57 68
16 Amount of any other liability of the company viz prem
iums paid in advance 1049 80
Gross premiums upon all unexpired risks one year or less
from date of policy 61385 pro rata 16 10230 83
17 Liabilities on policyholders account 39228 71
18 Gross surplus on policyholders account 201465 55
19 Total liabilities 240694 26486
ComptrollerGenerals Report
RESERVE LOAN LIFE INSURANCE COMPANY OE
INDIANAPOLIS IND
Chalmers Brown President Wm K Bellis Secretary
Principal Office 300 to 310 Saks Bldg Indianapolis Ind
William A Wright Atlanta Attorney for Service in Georgia
1Capital Stock
Amount of net or ledger assets December 31 of previous
year 1658884 41
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 103154 98
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 318574 79
2 Premium notes loans or liens taken in
part payment for premiums on new
policies 42958 96
2 Premium notes loans or liens taken in
part payment for renewal premiums 37643 59
4 From surrender values applied to pay run
ning premiums 208 65
4 From surrender values applied to pur
chase paidup insurance and annuities 9767 76
7 Total premium income 512308 73
8 ash received for interest on mortgage loans 22350 96
9 Cash received for interest on bonds owned and dividends
on stock 601 00
10 Cash received for interest on premium notes loans or liens 54382 26
11 Cash received for interest on other debts due the company 1628 88
19 From all other sources viz Survivorship dividend 1060 00
Total income 592331 83
Total 2251216 24
IIIDisbursements For The Year 1907
1 Cash paid for death claims including
revisionary additions 71895 87
2 Premium notes loans or liens used in
payment of the same 6 827 78
7 Total net amount actually paid for losses and matured
endowments a
78723 65ComptrollerGeneral s Eeport
487
9 Premium notes loans or liens used in purchase of sur
rendered policies 6898 87
10 Cash dividends paid polieyholders 50 00
13 Surrender values paid in cash 162534 84
14 Surrender values applied to pay running premiums 208 65
15 Surrender values applied to purchase paidup insurance
and annuities 9767 76
Total paid polieyholders 258183 77
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 8886290
renewals 3191917 120782 07
18 Cash paid for salaries and allowances to managers and
agents 19171 71
19 Cash paid for medical examiners fees 5896 25
20 Cash paid for salaries and all other compensation of
officers and other home office employees 47132 83
21 Cash paid for taxes on new premiums 240087 on re
newals 102895 3429 82
22 Cash paid for taxes on reserves 369 60
23 Cash paid for insurance department fees and agents
licenses 106850 munipical licenses 9900 1167 50
24 Cash paid for rent 4733 28
25 Cash paid for commuting commissions 22272 69
26 Cash paid for furniture fixtures and safes for home and
agency offices 774 55
27 Cash paid for advertising 227337 printing 194767 4220 04
28 Cash paid for real estate expenses other than taxes 1342 87
29 Cash paid for the following items viz Postage 194462
investment expense 2000 error account 88 cents
miscellaneous expense 126655 3232 05
Total miscellaneous expenses 234576 26
30 Total disbursements 492760 03
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 551620 00
4 Loans made in cash to polieyholders on this companys
policies assigned as collateral 1073546 20
5 Premium notes loans or liens on policies in force of
which 1198832 was received during the year 21155 55
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 11008 00
7 Cash in companys office 1723 22
8 Cash deposited in banks 79978 33
10 Agents ledger balances of which 802812 was advanced
during the year 19424 91
11 Total net or ledger assets 1758456 21488
ComptrollerGenerals Report
Other Assets
14 Interest accrued on mortgages 6270 56
15 Interest accrued on bonds and stocks 202 00
17 Interest accrued on premiums 4933 32
18 Interest accrued on other assets 614 16
Total carried out
23 Gross premiums due and un
New Business Renewals
reported on policies in
force December 31 1097 15304 90 38684 72
24 Gross deferred premiums
on policies in force De
cember 31 1907 13169 07
12020 04
Totals
25 Deducting actual loading
15304 90
11345 47
51853 79
11361 51
26 Net amount of uncollected
and deferred premiums 3959 43 40492 28 44451 71
27 Furniture fixtures and safes 4 500 00
Total assets as per the books of the company 1819427 96
Items Not Admitted
2 Furniture fixtures and safes 4500 00
5 Agents balances 120405 18220 86
6 Premium notes liens and net premiums in
excess of the net value of their policies 10561 30
7 Book value of assets over market value 1424 00
Total
34706 16
Total assets less items not admitted 1 784 721 80
VLiabilities
1 Net present value of all the outstanding policies in force
on the 31st day of December 1907 computed according
to the Actuaries table of Mortality with four per cent
interest and actuaries 3 1636156 83
5 Claims for death losses and matured endowments in pro
cess of adjustment or adjusted and not due 5000 00
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders 3 260 00
12 Amount of national State or other taxes due 3 505 62
13 Amount due on account of salaries rents and office ex
Penses 1678 93CoMPTROLLEBGrENERAL s REPOET 489
16 Amount of any other liability of the company viz prem
iums paid in advance 81100 unearned interest paid
in advance 2005965 commissions to agents due or
accrued 45504 21325 69
17 Liabilities on policyholders account 1670927 07
18 Gross surplus on policyholders account 113794 73
19 Total liabilities 1784721 80
Business in Georgia During 1907
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 281 536660 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year and
reinstated 142 222000 00
Total 423 758660 00
Deduct number and amount which have ceased to
be in force during the year 115 220 330 00
Total number and amount of policies in force in
Georgia December 31 1907 308 538330 00
Amount of losses and claims on policies in Georgia
incurred during the year 3 7000 00
Amount of losses and claims on policies in Georgia
paid during the year 3 7000 00
Amount of premiums collected or secured in Georgia during
the year in cash 1467653 notes or credits 2814100
without any deduction for losses dividends commissions
or other expenses 42817 53
SECURITY LIFE AND ANNUITY COMPANY OP GREENSBORO N C
J Van Lindley President Geo A Grimsley Secretary
Principal Office 119 South Elm St Greensboro N C
Charles D Ray Macon Attorney for Service in Georgia
1Capital Stock
1 Amount of guaranty fund
deposited with Insurance
Company of N C 100000 00
Amount of net or ledger assets December
31 of previous year 265968 23
Extended at 365968 23490
ComptrollerGenerals Report
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 104992 84
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 251651 93
5 Consideration for annuities other than
matured installment policies 6526 00
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 128208
renewals 83312
363170 77
2115 20
7 Total premium income 3
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany collateral loans
13 Cash received for rents for use of companys property
including 120000 for companys own occupancy
Total income
HIDisbursements For The Year 1907
1 Cash paid for death claims including revisionary ad
ditions i
8 Cash paid to annuitants
13 Surrender values paid in cash
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 6506923
renewals 1515714
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1565200 inspec
tion of risks 114800
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid for taxes on new premiums
22 Cash paid for taxes on reserves
23 Cash paid for insurance department fees and agents
licenses
361055 57
5777 65
1252 00
3358 SO
2837 18
2440 65
376721 85
71101 17
12997 96
2447 88
80226 37
2478 50
16800 00
14529 01
1067 97
477 89
3165 37ComptrollerGenerals Report
24 Cash paid for rent
27 Cash paid for advertising 249225 printing and sta
tionary 189882 postage and general expenses 5
23301
28 Cash paid for real estate expenses other than taxes
29 Cash paid for the following items viz Losses and gain
30 Total disbursements
491
1200 00
9624 08
1185 00
6657 49
223958 69
5
6
7
8
10
11
13
14
15
16
17
18
19
IVAssets as Per Ledger Accounts
Cost value ofreal 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 policy holders on this companys
policies assigned as collateral
Premium notes loans or liens on policies in force
Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
Cash in companys office
Cash deposited in banks
Agents ledger balances
Furniture and fixtures
Guaranty fund deposited with insurance company
Total net or ledger assets
Total net or ledger assets less depreciation
Other Assets
45023 84
131050 00
81920 73
25567 10
40070 74
42610 12
58 94
42371 64
8246 10
1812 18
100000 00
518731 39
518731 39
Interest accrued on mortgages
Interest due 23500 and accrued 16666
on bonds and stocks
Interest accrued on collateral loans
Interest due 10335 and accrued 1
07978 on premiums notes loans or liens
Interest accrued on other assets bank
balance
Rents accrued on companys property or
lease
1738 38
401 66
471 62
1183 13
889 60
13 00
Total carried out
20 Market value of real estate over cost
23 Gross premiums due and unreported on
policies in force December 31 1907i
24 Gross deferred premiums on policies in
force December 31 1907
4697 39
7500 00
8801 51
8443 64
Totals
25 Deducting loading
17245 15
2586 80492 ComptrollerGenerals Eeport
26 Net amount of uncollected and deferred
premiums 14658 35 14fi58 3g
28 Total assets as per the books of the company 545 587 13
Items Not Admitted
2 Furniture fixtures and safes 1812 18
5 Agents balances g 246 10
Total 10058 28
9 Total assets less items not admitted 535 528 85
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
Actuaries Table of Mortality with four
per cent interest 302846 00
Deduct net value of risks of this company
reinsured in other solvent companies 1096 00
Net reinsurance reserve or 7n
3 Claims for death losses due and unpaid
in process of collection g qoo 00
7 Present value of amounts not yet due on sup contracts 16125 00
9 Amount of trust funds held by the company for con
tingent annuities 90318 Q7
Total policy claims 6000 0Q
12 Amount of national State or other taxes due 265 96
17 Liabilities on policyholders account 414 459 03
18 Gross surplus on policyholders account 131128 10
19 Total liabilities I I
545587 13
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year
XT 152 277300 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 217 496160 00
Total
369 773460 00ComptbollebGbneeals Repobt 493
Deduct number and amount which have ceased to
be in force during the year 1 reduced 1
00000 77 159650 00
Total number and amount of policies in force in
Georgia December 31 19 292 613810 00
Amount of losses and claims on policies in Georgia
incurred during the year 5 10000 00
Amount of losses and claims on policies in Georgia
paid during the year 4 5000 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 26860 85
i

SECURITY LTFE INSURANCE COMPANY OF AMERICA
W O Johnson President Carl T Prime Secretary
Principal Office Rookery Bldg Chicago 111
Wm A Wright Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 492560 00
Amount of net or ledger assets December
31 of previous year 661971 26
Increase of capital during 1907 303910 00
Extended at 965881 26
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses 267933 98
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 253152 86
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
4 From surrender values applied to pay running premiums
4 From surrender values applied to purchase paidup
insurance and annviities
Total 549619 80
3552 03
24135 10
540 83
305 00494
ComptrollekGenerais Report
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 202950
renewals 532493 7354 43
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
19 Prom all other sources viz Surplus from sale of com
pany s stock
Total income
HIDisbursements For The Year 1907
1 Cash paid for death claims including revisionary ad
ditions d
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies
10 Cash dividends paid policyholders on board contracts
11 Cash dividends applied to pay running premiums none
cash allowances
12 Cash dividends applied to purchase paidup additions and
and annuities none health indemnities
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
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies 227
74540 renewals 1364447
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 806850 inspec
tion of risks 183499
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid for taxes on new premiums
22 Cash paid for taxes on reserves on personal property
23 Cash paid for insurance department fees and agents
licenses
542265 37
6277 62
11194 07
10140 10
19676 10
458202 86
1047756 12
34494 60
587 22
7267 19
9133 95
14 34
175 00
35195 18
540 83
305 00
87713 31
241389 87
7649 82
9903 49
39231 54
5968 18
50 00
3681 12ComptrollekGenebals Bepobt
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 312277 printing 5
48558
28 Cash paid for real estate expenses other than taxes
29 Cash paid for the following items viz Agency traveling
expenses etc 600013 postage 135022 telegraph
and telephone35319 bonds 8750 traveling expenses
206423 library 12300 examiners fees and expenses
47015 light etc 25753 office expenses etc 3
06508 profit and loss 161213 Total miscellaneous
expenses
IVAssets as Per Ledger Accounts
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 companys
policies assigned as collateral
5 Premium noteB 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
Municipal securities
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages 4363 34
15 Interest due 60750 and accrued 7
71022 on bonds and stocks 8317 72
16 Interest due 11665 and accrued 2
17563 on collateral loans 2292 28
17 Interest due 410 and accrued 10564
on premiums notes loans or liens 109 74
18 Interest accrued on other assets 69 15
495
2269 18
495 15
8608 35
1742 42
15389 16
30 Total disbursements 434091 59
294594 33
435997 02
289405 11
9450 31
429991 66
200 00
58507 29
11531 74
48735 56
1132 77
1579545 79
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 1907
Renewals
15152 23
2520 84
11917 99 22847 26496
ComptrollerGenerals Eeport
24 Gross deferred premiums
on policies in force De
cember 31 1907 1122 96 15928 41
Totals 13040 95 38775 67
25 Deducting loading 688 per
cent on new and
192 per cent on re
newals 8972 17 7444 93
26 Net amount of uncollected
and deferred premiums 4068 78 31330 74 35399 52
Total assets as per the books of the company 1632618 38
Items Not Admitted
5 Agents balances 48735 56
7 Bills receivable 11531 74
8 Supplies printed matter and stationery
none included policy premiums and liens
in excess of net value of policies 2000 00
Total 62267 30
9 Total assets less items not admitted 1570351 08
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
American 3 per cent table 573523 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 4678 00
Net reinsurance reserve 568845 00
3 Claims for death losses due and unpaid
none reported and no proofs received 7242 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 14231 00
6 Claims for death losses and other policy
claims resisted by the company 5000 00
8 Present value of unpaid amounts on
matured installment policies 7500 00
9 Amount of trust funds held by the com
pany 189 00
Total policy claims 34162 00CompteollebGenebals Beport 497
12 Amount of national State or other taxes due or
accrued 10314 23
13 Amount due on account of salaries rents and office ex
penses 15416 25
16 Amount of any other liability of the company viz Prem
iums paid in advance 826 36
Commissions due when notes are paid and other items 929 65
17 Liabilities on policyholders account capital stock
paid in 492560 00
18 Gross surplus on policyholders account 457297 59
19 Total liabilities 1570351 08
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia issued during the year 36 111500 00
Deduct number and amount which have ceased to
be in force during the year 10 23500 00
Total number and amount of policies in force in
Georgia December 31 1907 26 88000 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 2808 23
SECURITY MUTUAL LIPE INSURANCE COMPANY OF
BINGHAMTON N Y
Chas M Turner President Chas A LaDue Registrar
Principal Office Binghamton N Y
Wm A Wright Atlanta Attorney for Service in Georgia
1Capital Stock
Amount of net or ledger assets December 31 of previous
year 4082424 66
ITIncome During Year 1907
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses 119913 56
1 y2 Cash received for renewal premiums
without deductions for commissions or
other expenses 1423862 09
32cg498
ComptrollerGenerals Report
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pay run
ning premiums
4From surrender values applied to pur
chase paidup insurance and annuities
21360 88
1491 10
76 82
9115 77
7 Total premium income
S Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 1500000 for companys own occupancy
17 Premium notes 13520 loans 824931 or liens restored
by revival of policies
19 From all other sources viz Registration fees 32100
exchange 15734
Consideration for supplementary contracts
1575820 22
16868 18
45610 35
90017 20
6265 84
7 52
45084 90
8384 51
478 34
10327 00
Total income 1798864 06
IIIDisbursements For The Year 1907
1 Cash paid for death claims including revisionary addi
tions
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies
10 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
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 7180639
renewals 11560181
575318 53
292 57
931 32
5522 59
21360 SS
1491 10
84176 69
76 82
9115 77
698286 27
187408 20ComptrollerGeneral s Report 499
18 Cash paid for salaries and allowances to managers and
agents 103898 43
19 Cash paid for medical examiners fees 1156900 in
spection of risks 513203 16701 03
20 Cash paid for salaries and all other compensation of
officers and other home office employees 77964 91
22 Cash paid for taxes on reserves 7253 31
23 Cash paid for insurance department fees and agents
licenses 30784 01
24 Cash paid for rent including 1500000 companys oc
cupancy 27936 86
26 Cash paid for furniture fixtures and safes for home and
agency offices 607 30
27 Cash paid for advertising 285686 printing etc 6
28613 19142 99
28 Cash paid for real estate expenses other than taxes
1938240 for legal expenses 718932 26571 72
29 Cash paid for the following items viz claims on sup
plementary contracts 71875 policy liens lapsed 19
20899 premiums on bonds 177500 accrued interest
on mortgage loans 35410 accrued interest on bonds
223522 age lien refused 1657 legislative expenses
9777C actuarial fees 39686 investigation 3
84637 29529 56
Total miscellaneous expenses 52779835
30 Total disbursements 1226084 62
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 704853 47
2 Loans on mortgage first liens on real estate 480850 JO
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 735197 10
5 Premium notes loans or liens on policies in force of
which 7412 was received during the year 30465 65
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 1285856 00
7 Cash in companys office 96107 Southern department
office 1000 00 1961 07
8 Cash deposited in banks 303826 97
9 Bills receivable 3510 08
10 Agents ledger balances i 108683 76
11 Total net or ledger assets less depreciation 4655204 10
Other Assets
14 Interest due 27500 and accrued 7
37955 on mortgages 7654 55
500
ComptrollerGenerals Report
15 Interest accrued on bonds and stocks 6879 16
17 Interest accrued on premiums notes loans
or liens 38970 37
18 Interest accrued on other assets 3255 95
19 Rents accrued on companys property or
lease 666 66
Total carried out
20 Market value of real estate over cost
57426 69
2069343
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1907 6622 35
24 Gross deferred premiums
on policies in force De
cember 31 1907 6602 53
Totals 13224 88
25 Deducting loading 20 per
cent on new and 20
per cent on renewals 2644 98
Renewals
107569 97
114773 67
222343 64
44468 73
26 Net amount of uncollected
and deferred premiums 10579 90
177874 91 188454 81
28 Total assets 4655204 10
Items Not Admitted
5 Agents balances
Book value of ledger assets over market
value viz Bonds
7 Bills receivable
Premium notes and loans on policies and
net premiums in excess of the net
value of their policies
108683 76
96696 00
3510 08
58509 50 267399 34
9 Total assets 4654379 69
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of
December 1907 computed according to
The Actuaries Table of Mortality with
four per cent interest and American ex
penses 3y2 and 3 per cent 3920476 00
Net reinsurance reserve 3920476 00ComptrollerGenerals Report
501
36280 08
6000 00
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
Total policy claims
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office
expenses
16 Amount of any other liability of the company viz Prem
iums paid in advance
42280 08
17466 39
18875 38
8351 10
8247 02
18 Gross surplus on policy holders account
90319 12
548364 60
19 Total liabilities 4654379 09
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 1471 2637082 44
Number and amount of policies on the lives of
citizens of Georgia issued during the year 98 172435 25
Total 569
Deduct number and amount which have ceased to
be in force during the year 321
Total number and amount of policies in force in
2809517 69
404638 69
Georgia December 31 19 1248
Amount of losses and claims on policies in Geor
gia unpaid December 31 of previous year
Amount of losses and claims on policies in Georgia
incurred during the year
Total
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other
expenses
14
14
2404879 00
900 00
26578 25
27478 25
54980 44
502
ComptbollebGeneral s Repoet
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF
WEST VIRGINIA
Harrison B Smith President J D Baines Secretary
Principal Office Charleston W Va
B J Clay Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 250000 00
Amount of net or ledger assets Decem
ber 31 of previous year 297776 41
Extended at
IIIncome During Year 1907
297776 11
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses 42 417 74
1 Cash received for renewal premiums
without aeductions for commissions or
other expenses 30556 98
Total 72974 72
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company 794 61
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
19 Fromall other sources viz Premiums paid in advance
15726 premiums paid with applications 18016 fire
insurance paid for damages on real estate 14790 485 32
Total income
HIDisbursements For The Year 1907
1 Cash paid for death claims including revisionary addi
tions

10 Cash dividends paid policyholders
Total paid policyholders
72180 11
10438 39
1700 00
105 55
4363 05
675 00
89947 42
3010 00
112 97
3122 97ComptbolleeGeneeal s Repobt
503
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 2036528
renewals 66045 21025 73
38 Cash paid for salaries and allowances to managers and
agents 10949 22
19 Cash paid for medical examiners fees 308245 inspec
tion of risks 30835 3390 80
20 Cash paid for salaries and all other compensation of
officers and other home office employees 19165 10
23 Cash paid for insurance department fees and agents
licenses 979 50
24 Cash paid for rent 1530 00
26 Cash paid for furniture fixtures and safes for home and
agency offices 629 00
27 Cash paid for advertising 67993 printing 148633 2166 26
28 Cash paid for real estate expenses other than taxes 29 10
29 Cash paid for the following items viz Postage express
and telegrams 75852 taxes on real estate 9343 fire
insurance 5340 general expenses 173533 total
miscellaneous expenses 2640 68
30 Total disbursements 65646 36
322077 47
Agents accounts charged to loss accounts 2183 83
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all ineumbrances 12500 00
2 Loans on mortgage first liens on real estate 192695 88
3 Loans secured by pledge of bonds stocks or other market
able collaterals 42400 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 156 00
5 Premium notes loans or liens on policies in force of
which 102292 was received durng the year 1343 52
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 33000 00
7 Cash in companys office 25 65
8 Cash deposited in banks 36878 40
9 Bills receivable 366 05
0 Agents ledger balances 528 14
11 Total net or ledger assets 319893 64
Other Assets
14 Interest due 2100 and accrued 321659
on mortgages 2237 59
15 Interest accrued on bonds and Btocks 343 61504
ComptrollerGenerals Report
16 Interest due 2400 and accrued 59960
on collateral loans
623 60
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 21 19
24 Gross deferred premiums
on policies in force Decem
ber 31 19
56 83 2182 25
1376 54 1371 87
Totals
25 Deducting loading
1433 37 3554 12
708 56 491 36
26 Net amount of uncolleeted
and deferred premiums 724 81 3062 76
Total assets as per the books of the company
Items Not Admitted
Premiums notes and loans on policies and net premiums
in excess of the net value of their policies
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
American Experience Table of Mortality
with 3yz per cent interest preliminary 43901 77
Deduct net value of risks of this company
reinsured in other solvent companies firm
basis 399 86
Net reinsurance reserve t
16 Amount of any other liability of the company viz
Premiums paid in advance 33742
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
Business in Georgia During 1907
Number and amount of policies on the lives of
citizens of Georgia issued during the year
4204 80
2500 00
1000 00
3787 57
331386 01
27 14
331358 87
43501 91
1324 39
44826 30
286532 57
331358 87
3
6500 00 I
CompteollebGenebal s Repoet
Amount of premiums collected or secured in Georgia during
the year in cash 20213 and notes or credits without
any deduction for losses dividends commissions or
other expenses
505
202 13
SOUTHERN STATES LIFE INSURANCE COMPANY OF
MONTGOMERY ALA
Wilmer L Moore President Frank Qrme Secretary
Principal Office Atlanta Ga
Wm A Wright Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets December
31 of previous year 215751 69
Extended at 215751 69
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses 154141 37
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 40123 03
2 Premium notes loans or liens taken in
part payment for premiums on new
policies 3238 33
2 Premium notes loans or liens taken in
part payment for renewal premiums 26316 52
3 From dividends applied to pay running
premiums 8697 46
3 From dividends applied to purchase
paidup additions and annuities 38 31
4 From surrender values applied to pay run
ning premiums 1844 73
Total 234399 75
6 Deduct amount of premiums paid to other
companies for reinsurance on polices in
this company 710 25
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
233689 50
5638 45
5864 74247977 41
506 ComptrollerGenerals Report
10 Cash received for interest on premium notes loans on liens 660 08
11 Cash received for interest on other debts due the company
62523 being interest on deopsits in banks 1009 82
19 Prom all other sources viz Advance premiums etc 1114 32
Total income
IIIDisbursements For The Year 1907
1 Cash paid for death claims including revisionary ad
ditions
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions
and annuities
14 Surrender values applied to pay running premiums
Total paid policyholders
16 Cash paid stockholders for interest on dividends
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 386700 inspec
tion of risks 80412
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid for department fees licenses and taxes on
hew premums
24 Cash paid for rent
27 Cash paid for advertising 191923 printing and sta
tionery 139245 postage telephone telegram and ex
press 79790 exchange 3234
28 Cash paid for legal expenses
29 Cash paid for the following items viz Investment ex
penses 17420 incidental expenses general office
55533 advance deposits 1906 transferred to prem
ium income 171122 2440 75
18 Agency supervision traveling and all other agency ex
penses 4528 34
Total miscellaneous expenses 12481995
30 Total disbursements 124819 95
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 102125 00
4 Loans made in cash to policyholders on this companys
polices assigned as collateral 12404 00
5 Premium notes loans or liens on policies in force of which
all was received during the year 10109 51
36500 00
8697 46
38 31
1844 73
47080 50
6000 00
31511 82
10428 08
4671 12
10627 35
1658 42
829 21
4141 92
902 50
ComptrollerGenerals Report
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances of which all was advanced during
the year
Purchase money notes secured by real estate
507
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 35750 and accrued 54642
on mortgages
15 Interest accrued on bonds and stocks
17 Interest accrued on premium notes loans
or liens
18 Interest accrued on other assets
125677 51
4458 13
78234 28
5568 74
331 88
338909 15
903 92
541 67
80 75
161 38
Total carried out
1687 72
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 16919 52
24 Gross deferred premiums
on policies in force De
cember 31 1907 850 84
15131 56
Totals
25 Deduct loading
17770 36 15131 56
8181 18 3868 12
26 Net amount of uncollected
and deferred premiums
9589 18 11263 44 20852 62
28 Total assets 361449 49
Items Not Admitted
5 Agents balances 556874 less 120000
repaid since December 31 1907 4368 74
6 First year premium notes in excess of
reserves on their policies 1100 59
Total
9 Total assets
5469 33
255980 W508 CoMPTROLLERGtENERAls REPORT
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
Actuaries Table of Mortality with 3
per cent interest 186759 00
Deduct net value of risks of this company
reinsured in other solvent companies 355 00
Net reinsurance reserve 186404 00
6 Net present value of annuities 11 60
7 Reserve for health and accident benefits
contained in life policies 10 50 22 10
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 133 69
16 Amount of any other liability of the company viz Prem
iums paid in advance 362 Jl
16 Advance deposits unearned interest paid in advance 1323 79
17 Liabilities on polieyholders account 188246 49
18 Gross surplus on polieyholders account 167733 07
19 Total liabilities 355980 16
Business in Georgia During 1907
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 440 1923000 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 944 2387500 00
Total 1384 4310500 00
Deduct number and amount which have ceased to
be in force during the year 78 302500 00
Total number and amount of policies in force in
Georgia December 31 1907 1306 4008000 00
Amount of losses and claims on policies in Geor
gia incurred during the year 6 29500 00
Total 6 29500 00
Amount of premiums collected or secured in Georgia during
the year in cash 14515975 and notes or credits
952022 without any deduction for losses dividends
commissions or other expenses 154 079 97ComptrollerGenerals Eepobt 509
SOUTHERN LIFE INSURANCE COMPANY OP FAYETTEVILLE N C
E H Williamson President John A Oates Secretary
Principal Office Fayetteville N C
T H McMillan Savannah Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 153700 00
2 Amount of capital sub
scribed but unpaid 8000 00
Amount of net or ledger assets December
31 of previous year
Increase of capital during 1907
Extended at
188375 95
620 00
IIIncome During Year 1907
187755 95
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses
1 Cash received for renewal premiums
without deductions for commissions or
other expenses
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 326849
renewals 13528
110809 71
79926 16
190735 87
3403 77
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
13 Cash received for rents for use of companys property
including 8000 for companys own occupancy
15 Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks
16 From dividends and surrender values on reinsurance
suspense
17 Premium notes loans or liens restored by revival of
policies
19 From all other sources viz Interest on collateral loans
1500 deposits 109451 surplus paid by stockholders
3200000
187332 10
7208 65
423 58
593 33
80 00
825 00
68 43
25 55
33109 51
Total income 229666 15510 ComptbollebGeneeals Repoet
IIIDisbursements For The Year 1907
1 Cash paid for death claims including revis
ionary additions
9 Premium notes loans or liens used in purchase of sur
rendered policies
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 7106475
renewals 195686
18 Cash paid for salaries and allowances to managers and
agents 1699306 and 278877
19 Cash paid for medical examiners fees 1513086 inspec
tion of risks 77931
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid on supplementary contracts
22 Cash interest on bonds purchased
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent including 8000 companys occupancy
less 28230 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 115817 printing 373581
and stationery postage 98064
28 Cash paid for legal expenses
29 Cash paid for the following items viz Paid reinsurance
accident clauses
Office expense 170284 premium on stock sold then
cancelled 1630
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
less inc 1000
2 Loans on mortgage first liens on real estate less
110000 due
3 Loans secured by pledge of bonds stocks or other market
able collaterals
4 Loans made in cash to policy holders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force of
which 719800 for new premiums was received during
the year
34408 IS
1589 87
1898 95
1291 51
73021 61
19781 83
15910 17
11288 198 31 58 67 33
2620 03
745 46
170 16
2042 90
5874 62
572 63
2232 97
3332 84
177013 51
8225 68
142439 86
4000 00
3723 55
12162 03ComptrollerGenekals Report
511
6 Cash value of bonds and stocks owned excluding accrued
interest at time of purchase
8 Cash deposited in banks
9 Cash deposited in trust companies on interest
10 Agents ledger balances
Loans on collateral
11 Total net or ledger assets 240403 59
Other Assets
14 Interest accrued on mortgages3
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans
or liens
18 Interest accrued on time deposits
ii43 69
120 00
130 60
563 14
Total carried out
20 Market value of real estate over cost
New Business
23 Gross premiums due and
unreported on policies in
force Dec 31 1907 19952 25
24 Gross deferred premiums on
policies in force Dec 31
1907 1728 07
Totals 21680 32
25 Deduct loading 20 per cent 4321 66
26 Net amount of uncollected
and deferred premiums
28 Total assets
Items Not Admitted
5 Agents balances
9 Total assets
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to
The Actuaries Table of Mortality with
four per cent interest
On all business except 5 year terms
3 per cent
Deduct net value of risks of this company
reinsured in other solvent companies
Renewals
19328 88
4028 89
23357 77
4671 55
6500 JO
11081 86
18626 82
1648 79
32000 00
1957 13
1378 32
17358 66 10686 22 36044 8S
279789 22
1648 79
278140 43
1046 64
2 73
1379 00
Net reinsurance reserve
103558 00512 ComptrollerGenerals Eeport
3 Claims for death losses due and unpaid proofs not re
ceived
11 Amount of unpaid dividends to stockholders suspense
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office
expenses
14 Interest due or accrued and rents paid in advance
16 Amount of any other liability of the company viz Prem
iums paid in advance
Medical examiners fees due
17 Liabilities on policyholder s account
18 Gross surplus on policy holders account capital stock ap
plied for
19 Total liabilities
Business in Georgia During 1907
No
Amount of losses and claims on policies in Geor
gia incurred during the year 2
Amount of losses and claims on policies in Geor
gia paid during the year 2
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
7500 00
68 43
11 00
1393 39
921 33
647 90
510 00
114610 OS
163530 38
278140 43
Amount
10000 00
6000 00
23206 51
SOUTH ATLANTIC LIFE INSUEANCE COMPANY OF RICHMOND VA
E Strudwick Present b W Lacy Jr Secretary
Principal Office Richmond Va
E L Walton Newnan Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 200000 00
Amount of net or ledger assets Decem
ber 31 of previous year 447939 91
Extended at 447939 91
IIIncome During Year 1907
1 ash received for premiums on new
policies without deductions for commis
sions or other expenses 53 298 34ComptrollerGeneral s Report
513
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 103128 50
3 From dividends applied to pay running
premiums 915 87
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 291375
renewals 580136 8715 11
7 Total premium income 148627 60
8 Cash received for interest on mortgage loans 6976 55
9 Cash received for interest on bonds owned and dividends
on stock 15508 21
10 Cash received for interest on premium notes loans or
liens 1674 57
11 Cash received for interest on other debts due the company 2679 73
Total income 175466 36
TILDisbursements For The Year 1907
1 Cash paid for death claims including revisionary addi
tions 21492 00
13 Surrender values paid in cash 1968 48
14 Surrender value applied to pay running premiums 915 87
Total paid policyholders 24376 35
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 2850734
renewals 304742 31554 76
18 Profit and loss 2282 91
19 Cash paid for medical examiners fees 574100 inspec
tion of risks 95598 6696 9B
20 Clash paid for salaries and all other compensation of
officers and other home office employees 16377 40
21 Cash paid for taxes on new premiums renewals reserves
investments insurance department fees agents licenses
and municipal licenses 5509 08
24 Cash paid for rent 1481 25
25 Miscellaneous expenses 189 11
26 Cash paid for furniture fixtures and safes for home and
agency offices 605 79
27 Cash paid for advertising 267527 printing 325487
postage telegraph and express 184580 7775 94
28 Cash paid for legel expenses 328 19
29 Cash paid for the following items viz Agency super
vision traveling and all other agency expenses 8825 18
Organization expenses returned 6859 06
30 Total disbursements
33cg
112861 00514
CompteolleeGeneeals Repobt
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 1000000
is insurance lien 141290 00
3 Loans secured by pledge of bonds stocks or other market
able collaterals 48300 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 27852 75
5 Premium notes loans or liens on policies in force 317 81
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 247142 65
7 Cash in companys office 4677 91
8 Cash deposited in banks 15283 24
9 Bills receivable 24576 82
Premium notes 17397 lien 73618 25 per cent lien
19424 1104 39
510545 57
13 Total net or ledger assets less depreciation
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
18 Interest accrued on other assets
2258 33
3199 74
378 33
95 92
20 30
Total carried out
21 Market value of bonds and stock over cost
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force Dec 31 1907
24 Gross deferred premiums on
policies in force December
21 1907
140 80 8417 58
4806 22
Totals
25 Deducting loading
140 80 13223 80
56 65 1983 57
26 Net amount of uncollected
and deferred premiums 84 15 11240 23
27Furniture fixtures and safes 235811 stationery 3
28200
Premium notes not regarded as ledger assets secured by
reserve value of policies
5952 67
11897 35
11324 38
5640 11
4486 30
28 Total assets 549846 38COMPTROLLERGrENERAL s REPORT
515
Items Not Admitted
2 Judgment 328200 furniture fixtures
and safes 235811 5640 11
5 Agents balances 24750 79
Total
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
Actuaries Table of Mortality with four
per cent interest and 314 per cent 310715 53
Deduct net value of risks of this company
reinsured in other solvent companies 15932 68
30390 JO
Net reinsurance reserve
7 Commission due to agents on premium notes when paid
Premiums paid on advance including surrender balance
so applied
Unearned interest and rent paid in advance
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office ex
penses
Medical examiners and legal fees due on accrued
17 Capital stock
18 Surplus unassigned funds
19 Total liabilities
Business in Georgia During 1907
No
Deduct number and amount which have ceased to
be in force during the year 1
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits withont any
deduction for losses dividends commissions or other
expenses 1
294932 85
228 24
740 96
80 00
1328 58
217 86
315 50
200000 00
21611 49
519455 48
Amount
1000 00
1533 32516 GompteollerGenekals Report
state life insurance company of indianapolis ind
H W Bennett President W S Wyan Secretary
Principal Office State Life Bldg
C V LeCraw Atlanta Attorney for Service in Georgia
1Capital Stock
Amount of net or lerger assets December
31 of previous year 4966895 73
Extended at 4966895 73
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses 452056 51
1 y Cash received for renewal premiums
without deductions for commissions or
other expenses 1873452 90
2 Premium notes loans or liens taken in
part payment for renewal premiums 202103 52
3 From dividends applied to pay running
premiums 75253 52
32 From dividends applied to purchase
paidup additions and annuities 1316 95
4 From surrender values applied to pay run
ning premiums 181 21
4Va From surrender values applied to pur
chase paidup insurance and annuities 27633 31
5 Consideration for annuities other than
matured installment policies 130 00
Total 2632127 92
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 349362
renewals 431854 7812 16
7 Total premium income 2624315 76
8 Cash received for interest on mortgage loans 136501 28
9 Cash received for interest on bonds owned and divi
dends on stock 3 143 50
10 Cash received for interest on premium notes loans or
liens 71917 25
11 Cash received for interest on other debts due the company 3166 52ComptrollerGenerals Report
517
13 Cash received for rents for use of companys property
including 1266468 for companys own occupancy 102530 99
19 From all other sources viz Partial payments on voided
notes 226 93
Total income 2941802 23
IIIDisbursements For The Year 1907
527745 48
1 Cash paid for death claims including
revisionary additions
5 Cash paid for sums falling due during the
year on installment policies
500 00
7 Total net amount actually paid for losses and matured
endowments
9 Premium notes loans or liens voided by lapse
10 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
528245 48
48427 06
11784 57
75253 52
1316 95
179423 81
181 21
27633 31
Total paid policyholders 872255 91
16 Losses on investments 5140 67
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 356870 22
renewals 27783714 634707 36
18 Cash paid for salaries and allowances to managers and
agents 29450 45
19 Cash paid for medical examiners fees 1768350 in
spection of risks 547612 23159 62
20 Cash paid for salaries and all other compensation of
officers and other home office employees 116931 47
21 Cash paid for taxes on new premiums 40555 27
22 Cash paid for taxes on reserves 146340 on invest
ments 1182060 13284 00
23 Cash paid for insurance department fees and agents
licenses 804493 municipal licenses 106653 9111 46
24 Cash paid for rent including 1266465 companys oc
cupancy 19005 38
25 Cash paid for commuting commissions 9902 13
26 Cash paid for furniture fixtures and safes for home and
agency offices 2429 84
27 Cash paid for advertising 486673 printing 1057450
postage etc 907669 24517 92518
CompteollerGenebals Eepoet
28 Cash paid for real estate expenses other than taxes
3418376 for legal expenses 578258 39966 34
29 Cash paid for tfce following items viz Traveling ex
penses 1033923 investment expense 172562 12064 85
Discount on premiums paid in advance 157 miscel
laneous expenses 288414 2885 71
Total miscellaneous expenses 97797180
30 Total disbursements 1855368 38
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbranees
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policy holders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
11 Total net or ledger assets
12 Deduct depreciation from cost of assets to bring same to
market value
992888 00
3264891 84
1381745 25
80230 i5
95428 72
16001 24
129326 29
92817 89
6053329 58
10708 20
13 Total net or ledger assets 6042621 35
Other Assets
14 Interest due 399226 and accrued 50
19592 on mortgages 54188 13
15 Interest due 15000 and accrued 51250
on bonds and stocks 662 50
17 Interest accrued on premiums notes loans
or liens 802 30
18 Interest accrued on other assets 300 00
19 Rents due 16800 and accrued 76732
on companys property or lease 935 32
Total carried out
20 Market value of real estate over cost
New Business
56888 30
207112 00
Renewals
23 Gross premiums due and
unreported on policies in
force Dec 31 1907 90648 61 117174 47
24 Gross deferred premiums
on policies in force De
cember 31 1907 3948 71 38606 98
Totals
94597 32 155781 45ComptkollekGenekals Kepoet
519
25 Deducting loading
per cent on new
19 410 per cent on
newals
7110
and
re
67258 69
30221 60
26 Net amount of uncollected
and deferred premiums 27338 63 125559 85
Unearned premiums for fire insurance in home office
building
152898 48
2120 99
28 Total assets 6461641 15
Items Not Admitted
5 Agents balances
92817 89
9 Total assets 6368823 26
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
Actuaries Table of Mortality with four
per cent interest and American 3
and 3 5420516 00
Deduct net value of risks of this company
reinsured in other solvent companies 4485 00
Net reinsurance reserve 5416031 00
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 13669 31
5 Claims for death losses and matured en
dowments in process of adjustment or f
adjusted and not due 86800 00
6 Claims for death losses and other policy
claims resisted by the company 54639 00
8 Present value of unpaid amounts on i
matured installment policies 11880 00
Total policy claims 166988 31
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders 2508 12
12 Amount of national State or other taxes acrued 27271 31
13 Amount due on account of salaries rents and office
expenses 14987 95
16 Amount of any other liability of the company 599992
Interest and rents paid in advance 27634 90
17 Liabilities on policyholders account 5661421 51520 ComptrollerGenerals Report
18 Gross surplus on policyholders account 707401 75
19 Total liabilities 6368 823 26
Business in Georgia During 1907
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 1684 4888623 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 559 1523965 00
Total 2243 6412588 00
Deduct number and amount which have ceased to
be in force during the year 391 1114392 00
Total number and amount of policies in force in
Georgia December 31 1907 1952 5298 196 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 6000 00
Amount of losses and claims on policies in Geor
gia incurred durng the year 13 35000 00
Total 15 41000 00
Amount of losses and claims on policies in Georgia
paid during the year 14 36000 00
Amount of premiums collected or secured in Georgia
during the year in cash notes or credits without
any deduction for losses dividends commissions or
other expenses 164597 59
STATE MUTUAL ASSUEANCE COMPANY OF WORCESTER MASS
A G Bullock President H M Witter Secretary
Principal Office 340 Main St Worcester Mass
Win A Wright Atlanta Attorney for Service in Georgia
1Capital Stock
Amount of net or ledger assets December
31 of previous year 27545459 56
Extended at 27545459 56
IIIncome During Year 1907
1 Cash received for premium on new policies
without deductions for commssions or
other expenses 362602 97COMPTBOLLEBGrENERAL s EePOBT 521
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 3673366 20
3 From dividends applied to pay running
premiums 394950 86
3 From dividends applied to purchase paid
up additions and annuities 137456 06
5 Consideration for annuites other than
matured installment policies 28108 50
Total 4596484 59
6 Deduct amount of premiums paid to other
companies for reinsurance on policies
in this company new business 110482
renewals 6661814 67722 96
7 Total premium income 4528761 63
8 Cash received for interest on mortgage loans 202487 35
9 Cash received for interest on bonds owned and dividends
on stock 809752 55
10 Cash received for interest on premium notes loans or
liens 139916 47
11Cash received for interest on other debts due the company 55796 81
12 Cash received as discount on claims paid in advance 362 56
13 Cash received for rents for use of companys property
including 2000000 for companys own occupancy 123021 72
14 Cash received for profits on sales of bonds or stocks
4280 real estate 25000 4530 00
16 From dividends and surrender values on reinsurance 38073 33
19 From all other sources viz Sale of rights on stocks
etc and supplemental contract 21166 01
Total income 5923868 43
IIIDisbursements For The Year 1907
1 Cash paid for death claims including
revisionary additions 1382245 89
3 Cash paid for matured endowments and
additions thereto 497576 36
5 Cash paid for sums falling due during
the year on installment policies 5726 99
Total 1885549 24
6 Deduct amount received from other com
panies for losses or claims on policies
of this company 37500 00
7 Total net amount actually paid for losses and matured
endowments 1848049 24522
ComptrollerGenerals Report
5 Cash paid to annuitants 6229 63
9 Premium notes loans or liens voided by lapse 1092 00
10 Cash dividends paid policyholders 52321 53
11 Cash dividends applied to pay running premiums 394950 86
12 Cash dividends applied to purchase paidup additions
and annuites 137456 06
13 Surrender values paid in cash 545269 46
Total paid policyholders 2985368 78
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 15424597
renewals 22655413 380800 10
18 Cash paid for salaries and allowances to managers and
agents 65535 01
19 Cash paid for medical examiners fees 2211900 in
spection of risks 737660 29495 60
20 Cash paid for salaries and all other compensation of
officers and other home office employees 84140 76
21 Cash paid for taxes on new premiums 39553 94
22 Cash paid for taxes on reserves 3564214 on invest
ments 2033786 55980 00
23 Cash paid for insurance department fees and agents
licenses 453284 municipal licenses 148757 6020 11
24 Cash paid for rents including 2000000 companys oc
cupancy 32485 13
25 Cash paid for commuting commissions 4 762 34
26 Cash paid for furniture fixtures and safes for home and
agency offices 4720 63
27 Cash paid for advertising 424088 printing 1413603 18376 91
28 Cash paid for real estate expenses other than taxes 36
07928 for legal expenses 281476 38 894 04
29 Cash paid for the following items viz Postage tele
grams telephone and express g jqq 77
Agency supervision 1108735 profit and loss 1261750
premium on bonds and sundries 2515837 48 863 22
30 Total disbursements 3 801 766 64
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 1690036 00
2 Loans on mortgage first liens on real estate 4772 263 00
3 Loans secured by pledge of bonds stocks or other market
able collaterals 3gg gi 04
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 3 127 159 70
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 19 Q2g jgQ jq
7 Cash in companys office 3 720 40ComptrollerGenerals Report
523
Cash deposited in banks
Loans on personal security
Loans to corporations
259293 06
16434 77
376177 00
11 Total net or ledger assets 29667561 85
12
14
15
16
17
18
19
Deduct depreciation from cost of assets to bring same to
market value
Total net or ledger assets less depreciation
Other Assets
Interest due 317250 and accrued 61
39671 on mortgages 64579 21
Interest due on bonds and stocks 231555 56
Interest due 55843 and accrued 6
10862 on collateral loans 6667 05
Interest due 366420 and accrued 40
13549 on premiums notes loans or liens 4379969
Interest due 8343 and accrued 497517
on other assets 5058 60
Rent accrued on companys property or
lease 11633 44
809847 00
28857714 35
Total carried out 363293 55
New Business
Renewals
23
24
Gross premiums due and
unreported on policies in
force December 31 1907 38258 85 299278 18
Gross deferred premiums on
policies in force Decem
ber 31 1907 54352 15 424 731 96
25
26
Totals
Deducting loading 23y2
per cent on new and
23 per cent on re
newals
92611 00 724010 14
21763 58 170142 38
Net amount of uncollected
and deferred premiums
70847 42 553867 76 624715 18
Items Not Admitted
Total assets 29845723 08524 ComptrollerGenerals Report
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
Actuaries Table of Mortality with four
per cent interest and American table
of mortality with 3 per cent interest 27772341 00
Deduct net value of risks of this company
reinsured in other solvent companies 198495 00
Net reinsurance reserve 27573846 00
5 Claims for death losses and matured en
dowments awaiting proofs 50847 00
6 Claims for death losses and other policy
claims resisted by the company 10000 00
8 Present value of unpaid amounts on matured installment
policies 111969 73
Total policy claims 60847 00
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 221011 57
16 Amount of any other liability of the company viz Prem
iums paid in advance 604200 dividend and special
reserve 25864566 318687 66
17 Liabilities on policyholders account 28286361 96
18 Gross surplus on policyholders account 1559361 12
19 Total liabilities 29845723 08
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous yea 585 1138239 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 102 208638 00
Total 687 1346877 00
Deduct number and amount which have ceased to
be in force during the year 105 170597 00
Total number and amount of policies in force in
Georgia December 31 1907 582 1176280 00
Amount of losses and claims on policies in Georgia
incurred during the year 17 10 726 72
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits with
out any deduction for losses dividends commissions or
other expenses 4 36564 52ComptrollerGenerals Report 525
STATE MUTUAL LIFE INSURANCE COMPANY OF ROME GA
C R Porter President A C Wadsworth Secretary
Principal Office Rome Ga
Dean and Dean Rome Attorney for Service in Georgia
Amount of net or ledger assets December
31 of previous year 581360 47
Extended at 581360 47
IIIncome During Year 1907
410997 19
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 1163506 16
1 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 1574503 35
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pay
running premiums
4 From surrender values applied to pur
chase paidup insurance and annuities
47431 81
119 47
18100 32
341 36
Total 1640496 31
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company 3 fi 84
7 Total premium income 1639435 47
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividend
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
15244 92
4657 50
16849 32
3466 21
1600 00
Total income 1681253 42526
ComptrollerGenerals Report
IIIDisbursements for the Year 1907
1 Cash paid for death claims including
revisionary additions 126485 69
5 Cash paid for sums falling due during the
year on annuity policies 27098 49
7 Total net amount actually paid for losses and matured
endowments 153584 18
9 Premium notes loans or liens used in purchase of sur
rendered policies 694 10
11 Cash dividends applied to pay running premiums 47431 81
12 Cash dividends applied to purchase paidup additions and
annuities 119 47
13 Surrender values paid in cash 11050 32
14 Surrender values applied to pay running premiums 18100 32
15 Surrender values applied to purchase paidup insurance
and annuities 341 36
Total paid policyholders 23132206
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 62696128
renewals 3864715 665608 43
18 Cash paid for salaries and allowances to managers and
agents 7535 46
19 Cash paid for medical examiners fees 4566649 in
spection of risks 1025800 55924 49
20 Cash paid for salaries and all other compensation of
officers and other home office employees 43270 93
21 Cash paid for taxes on new premiums 14705 52
22 Cash paid for taxes on reserves 1140 00
23 Cash paid for insurance department fees and agents
licenses 222860 municipal licenses 48330 2711 90
24 Cash paid for rent including 150000 companys occu
pancy 2555 31
25 Cash paid for commuting commissions agency supervision
traveling and all other agency expenses 11932 45
26 Cash paid for furniture fixtures and safes for home and
agency offices 2520 16
27 Cash paid for advertising 964754 printing 1589448
postage telephone telegraph etc 403228 29574 38
28 Cash paid for legal expenses 6832 47
29 Cash paid for the following items viz Exchange and
discount 188686 special examiners 102349 fire in
surance 19408 office expenses 701248 loss on sale
of bonds 23892 10355 83
Total miscellaneous expenses 8546679300
30 Total disbursements 085 989 89ComptrollerGeneral s Report
527

IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 25649 00
2 Loans on mortgage first liens on real estate 281341 32
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 493443 47
5 Premium notes loans or liens on policies in force 438 29
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 122042 14
7 Cash in companys office 5424 51
8 Cash deposited in banks 101079 14
9 Bills receivable 56365 34
10 Agents ledger balances 24574 21
Outstanding nets new business 66266 08
11 Total net or ledger assets 1176624 08

Other Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
18 Interest due 84724 and accrued 2
20816 on other assets
Total carried out
23 Gross premiums due and
unreported on policies in
force December 31 1907 See 10 above
24 Gross deferred premiums
on policies in force De
cember 31 1907
Totals See 10 above
25 Deduct loading See 10 above
26 Net amount of uncollected
and deferred premiums See 10 above
Items Not Admitted
5 Agents balances
7 Bills receivable
8 Supplies printed matter and stationery
book value of ledger assets over market
value
219 33
2140 00
3055 39
5414 72
162351 59
18650 87
181192 46
18119 25
163073 21 163073 21
15000 00
56365 34
620 00
Total
71985 34
Total assets less items not admitted 1273126 59528 ComptrollerGenerals Report
VLiabilities
1 Net present value of all the oustanding
policies in force on the 31st day of De
cember 3907 computed according to The
American Experience Table of Mortality
with 3 and 3 per cent interest 1196275 40
Deduct net value of risks of this company
reinsured in other solvent companies 2599 18
Net reinsurance reserve 1193676 22
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 3753 44
3 Claims for death losses due and unpaid 13500 00
5 Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due 1000000 5000 00
Total policy claims 22253 44
12 Amount of national State or other taxes
due 1000 00
13 Amount due on account of salaries rents
and office expenses 1614 79
17 Liabilities on policyholders account 1218544 45
18 Gross surplus on policyholders account 54582 14
19 Total liabilities 1273126 50
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia in fore December 31 of prev
ious year 2476 8060401 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 2233 7223177 00
Total 4709 15283578 00
Deduct number and amount which have ceased to be
in force during the year 1090 3273400 00
No Amount
Total number and amount of policies in force in
Georgia December 31 1907 3619 12010178 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 2500 00
Amount of losses and claims on policies in Georgia
incurred during the year 15 31000 00
Total 16 33500 00
ComptrollerGenerals Eeport
529
14
Amount of losses and claims on policies in Georgia
paid during the year
Annuity
Amount of premiums collected during the year in cash
21000 00
12374 00
604504 30
SUN LIFE INSURANCE COMPANY OP CANADA
R Macaulay President T B Macaulay Secretary
Principal Office Montreal Canada
J S Cameron Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 105000 00
2 Amount of capital sub
scribed but unpaid 595000 00
Amount of net or ledger assets December
31 of previous year 22514706 58
Extended at 22514706 58
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses 785154 22
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 3719440 08
3 From dividends applied to pay running
premiums 63098 00
3 From dividends applied to purchase paid
up additions and annuities 155991 88
4 From surrender values applied to pay run
ning premiums 2459 08
5 Consideration for annuities other than
matured installment policies 197047 67
Total 4923190 93
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 332977
renewals 123955 4569 32
7 Total premium income 4918621 61
8 Cash received for interest on mortgage loans 99445 40
34cg530
ComptrollerGeneral s Beport
11
12
13
9 Cash received for interest on bonds owned and dividends
on stock 922795 50
10 Cash received for interest on premium notes policy loans
or liens 137991 68
Cash received for interest on other debts due the com
pany collateral loans 11465430 deposits in bank
772572 122380 02
Cash received for discount on claims paid in advance 947 32
Cash received for rents for use of companys property in
cluding 250000 for companys own occupancy 48875 95
14 Cash received for profits on sales of bonds or stocks 24
22903 real estate 346000 total 27689 03
18 Deposits to meet maturing debentures etc 21740 20
19 From all other sources viz Renewal premiums on com
bined accident policies 117 68
Total income 6300604 39
Total 28815310 37
IIIDisbursements For The Year 1907
1 Cash paid for death claims including revis
ionary additions 1042885 01
3 Cash paid for matured endowments and
additions thereto 423417 99
5 Cash paid for sums falling due during the
year on installment policies 7689 99
Total 1473992 99
Expense of investigation and settlement
of claims 2057 45
7 Total net amount actually paid for losses
and matured endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in pur
chase of surrendered policies guaranteed interest pay
ments
10 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
Total paid policyholders 238580193
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance now policies 44163125
renewals 19107361
1476050 44
153882 96
881 37
172245 41
63098 00
155991 88
370940 23
2459 08
15750 00
632704 86ComptrollerGenerals Report
531
18 Cash paid for salaries and allowances to managers and
agents
Agency supervision traveling and other agency expenses
19 Cash paid for medical examiners fees 5372259 in
spection of risks 171622
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 including 250000 companys occu
pancy j
25 Cash paid for legal expenses
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 2081668 printing and sta
tionery 2234964 postage and sundries 2509014
28 Cash paid for real estate expenses other than taxes
2222405 for taxes 735189
29 Cash paid for the following items viz Thrift depart
ment expenses
Accident department expenses
30 Total disbursements 3760431 30
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 743845 45
2 Loans on mortgage first liens on real estate 1780637 14
3 Loans secured by pledge of bonds stocks or other market
able collaterals 1120122 50
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2223079 70
Under nonforfeiture agreements 449239 18
5 Premium notes loans or liens on policies in force 269 20
6 Cost value of bonds and stoeks owned excluding accrued
interest at time of purchase 18634958 77
7 Cash in companys office 18352 04
8 Cash deposited in banks 37612 05
10 Agents ledger balances 8123 64
Gross rents 38640 00
249856 61
70050 28
55438 81
123844 09
50343 30
30561 09
5904 45
5306 32
68255 80
29575 94
27275 62
14 70
13 Total net or ledger assets less depreciation 25054879 67
Other Assets
14 Interest due 926075 and accrued 28
67700 on mortgages 37937 75
15 Interest due 3160243 and accrued 206
46996 on bonds and stocks 238072 39
16 Interest accrued on collateral loans 7625 28532
ComptrollerGenerals Report
17 Interest due 27963 and accrued 424347
on premiums notes loans or liens 4523 10
19 Rents due 316586 and accrued 547410
on companys property or lease 8639 96
Total carried out
21 Market value of bonds and stocks over cost
New Business
Renewals
296798 48
573537 50
23 Gross premiums due and
unreported on policies in
force December 31 1907 150375 74 360897 66
24 Gross deferred premiums on
policies in force December
31 1907 61553 07 181289 10
Totals 211928 81 542186 76
25 Deducting loading 35 per
cent on new and 20
per centon renewals 74175 08 108437 35
26 Net amount of uncollected
and deferred premiums
137753 73 433749 41 571503 14
Total assets 26496718 79
Items Not Admitted
5 Agents balances 8123 64
9 Total assets 26488595 15
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to The
Institute of American Actuaries Table
of Mortality with 3 and 3 per cent
interest 23703620 55
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 7944 44
Net reinsurance reserve 23695676 11
3 Claims for death losses due and unpaid
instalment policies 100 00
4 Claims for matured endowments due and
unpaid 2036 90ComptbollebGeneeal s Repoet
533

5 Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due 246055 34
6 Claims for death losses and other policy
claims resisted by the company 2600 00
7 Amounts due and unpaid on annuity
claims 10667 19
8 Present value of unpaid amoumts on
matured installment policies 81513 16
9 Claims reported no proofs received 142443 21
Total policy claims
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders
11 Amount of unpaid dividends to stockholders
12 Amount of national State or other taxes due
13 Amount due on account of commissions to agents
14 Amount due by the company for deposits to meet matur
ing debentures etc
15 Amount due to medical examiners
16 Amount of any other liability of the company viz Prem
iums paid in advance
Unearned premiums accident department 7061 un
earned interest and rent paid in advance 85164
485415 80
65093 30
7875 00
36498 27
8335 04
13405 16
4790 00
18699 80
922 25
17 Liabilities on policyholders account 24336710 73
18 Gross surplus on policyholders account 2151884 42
19 Total liabilities 26488595 15
20 Estimate surplus accrued on Tontine or other policies
the profits upon which are especially reserved for that
class of policies 1642445 99
21 Estimated surplus accrued on all other
policies 404438 43
Capital stock
105000 00
2151834 42
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 1163 2220952 60
Number and amount of policies on the lives of
citizens of Georgia issued during the year 308 659192 05
Total 1471 2880144 65534 ComptrollerGenerals Beport
Deduct number and amount which have ceased to be
in force during the year 328 756644 15
Total number and amount of policies in force in
Georgia December 31 1907 1143 2123500 50
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3 7046 00
Amount of losses and claims on policies in Georgia
incurred during the year 17 69064 48
Total 20 76110 48
Amount of losses and claims on policies in Georgia
paid during the year 15 23610 48
Amount of premiums collected 71904 49
THE TRAVELERS INSURANCE COMPANY OF HARTFORD CONN
Sylvester C Dunham President Louis F Butler Secretary
Home Office 700 Main St Hartford Conn
IVm A Wright Atlanta Attorney for Service in Georgia
1Capital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 40719400 87
Extended at 40719400 87
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1347042 for first
years reinsurance 730089 34
8 Dividends applied to purchase paidup ad
ditions and annuities 20385 00
10 Consideration for original annuities in
volving life contingencies 18 750 45
11 Consideration for supplementary contracts
involving life contingencies 12 881 10
12 Total new premiums 7g2 105 79
13 Renewal premiums without deduction for
commissions or other expenses less 129
98493 for reinsurance on renewals 5115 622 60
14 Dividends applied to pay renewal prem
iums 33053 87
16 Renewal premiums for deferred annuities 1535 61
17 Total renewal premiums 5 g 212 08
38 Total premium income 5932317 87ComptrollerGenerals Report 535
19 Consideration for supplementary contracts not involving
life contingencies 508087 90
22 Gross interest on mortgage loans 595495 25
23 Gross interest on collateral loans 56174 28
24 Gross interest on bonds and dividends on
stocks 1060020 31
25 Gross interest on premium notes policy
loans or liens 241780 92
26 Gross interest on deposits in trust com
panies and banks 7811 02
27 Gross interest on other debts due the com
pany 1018 62
28 Gross discount on claims paid in advance 2698 52
29 Gross rent from companys property in
cluding 6793012 for companys occu
pancy of its own buildings 120632 80
30 Total gross interest and rents 2085631 72
31 Gross profit on sale or maturity of ledger assets viz
Keal estate 4658126 bonds 7326875 119850 00
39 Total income 8645887 49
IIIDisbursements
1 For death claims less 1450000 reinsur
ance 185242820 additions 8400 1852512 20
2 For matured endowments less 778600
reinsurance 663636 55
3 Net amount paid for losses and matured endowments 2516148 75
4 For annuities involving life contingencies 25133 32
6 Surrender values paid in cash 321323 27
10 Dividends applied to pay renewal premiums 33053 87
11 Dividends applied to purchase paidup additions and an
nuities 20385 00
12 Total paid policyholders 291604421
13 Expenses of investigation and settlement of policy claims
including 4060 for legal expenses 469 38
14 Paid for claims on supplementary contracts not involving
life contingencies 292112 37
16 Commissions to agents less commission on reinsurance
first years premiums 29622057 renewal premiums
24571323 annuities original 86791 renewal
6473 542866 44
18 Salaries and allowances for agencies including managers
agents and clerks 136487 56
19 Agency supervision traveling and all other agency ex
penses 47925 82
536 ComptrollerGenerals Report
20 Medical examiners fees 4242308 inspection of risks
1200832 54431 4a
21 Salaries and all other compensation of officers directors
trustees and home office employees 141506 12
22 Rent including 2037905 for companys occupancy of its
own buildings received under sublease 59769 56
23 Advertising 837284 printing and stationery 3089973
postage telegraph telephone and express 3394141 73213 98
24 Legal expenses 2372 90
25 Furniture fixtures and safes 48824 36
26 Insurance taxes licenses and department fees 81554 56
27 Taxes on real estate 21958 65
28 Repairs and expenses other than taxes on real estate 66710 00
29 Gross loss on sale or maturity of ledger assets viz Real
estate 3242500 bonds 607790 38502 90
32 Miscellaneous items 15202 83
33 Profit and loss 1416 24
40 Total disbursements 4541369 63
VLedger Assets
Home office real estate 1375000 00
1 Book value of real estate 375180 45
2 Mortgage loans on real estate first liens 13676041 12
4 Loans made to policyholders on this companys policies
assigned as collateral 5040999 74
5 Premium notes on policies in force of which none is for
first years premiums 7019 72
6 Book value of bonds excluding interest 2204267937
and stocks 183369263 23876372 00
7 Cash in companys office 6405 00
8 Deposited in trust companies and banks not on interest 9426 27
9 Deposited in trust companies and banks on interest 452323 79
10 Bills receivable 150209 agents balances 364775 5149 84
12 Total lodger assets 44823918 73
NonLedger Assets
13 Interest due 2130726 and accrued 187
05866 on mortgages 208365 92
14 Interest accrued on bonds 330 187 09
19 Total interest and rents due and accrued 538 553 01
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1907 490158 350279 05ComptbolleeGeneeals Eepoet 537
24 Gross deferred premiums
on policies in force De
cember 31 1907 47180 03 491994 57
25 Totals 52081 61 842273 62
26 Deduct loading 8333 06 96861 47
27 Net amount of uncollected
and deferred premiums 43748 55 745412 15 789160 70
33 Gross assets 46151632 14
Deduct Assets Not Admitted
36 Agents debit balances 3647 75
38 Bills receivable 1502 09
41 Bonds and stocks 1455774 48
43 Total M60924 32
44 Total admitted assets 44690708 12
VLiabilities
2 American experience table
at 3 per cent on stand
ard participating business
and upon all other stand
ard life policies with sur
render values based upon
this reserve 2154816 00
Same for reversionary ad
ditions 42503 00 2197319 00
All standard life policies 38706870 00
Same for reversionary ad
ditions 38706870 00
Substandard contracts valu
ed on the American ex
perience with 200 per
cent mortality and 3 per
cent interest 44740 00
Substandard contracts valu
ed at American Exper
ience with various mor
tality ratings and 3 per
cent interest 90249 00
Same for reversionary ad
ditions 134989 00538
ComptrollerGenerals Report
Emory McClintocks Tables
of mortality among an
nuitants with 3 per
cent interest
272538 00
Total 41311716 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 882953 00
40428763 00
7 Reserve to provide for health and accident
benefits contained in life policies
7428 00
8 Net reserve
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company
10 Liability on policies canceled and not included in net re
serve upon which a surrender value may be demanded
12 Claims for death losses in process of ad
justment or adjusted and not due
13 Claims for death losses which have been
reported and no proofs received
14 Claims for matured endowments due and
unpaid
15 Claims for death losses and other policy
claims resisted by the company
2674490 SI
15000 00
49631 08
98371 07
781 50
22500 00
17 Total policy claims
18 Due and unpaid on supplementary contracts not involving
life contingencies
19 Premium paid in advance including surrender values so
applied
20 Unearned interest and rent paid in advance
24 Salaries rents office expenses bills and accounts due or
accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
31 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1908 whether
contingent upon the payment of renewal premiums or
otherwise
44 Unassigned funds surplus
171283 65
833 34
79446 49
120890 46
15000 00
5171 66
3476 59
1168924 62
45 Total liabilities
44690706 12ComptbolleeGeneeals Eepoet 539
Business in Georgia During 1907
No Amount
Policies on the lives of citizens of said State in force
December 31 1906 1412 4974676 00
Policies on the lives of citizens of said State issued
increased and revived during 1907 110 325342 00
Total 1522 5300018 00
Deduct ceased to be in force and decreased during
the year 53 168520 00
Policies in force December 31 1907 1469 5131498 00
Losses and claims increased during the year 57 117279 64
Losses and claims settled during the year in cash 53 85279 64
Losses and claims unpaid December 31 1907 4 32000 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 178335 55
UNION CENTRAL LIFE INSURANCE COMPANY OF
CINCINNATI OHIO
Jesse R Clark President John D Sage Secretary
Principal Office 353 West Fourth St Cincinnati Ohio
Thos H Daniel Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets Decem
ber 31 of previous year 53325634 11
Extended at 53325634 11
IIIncome During Year 1907
1 Cash received for premiums on new
policies without deductions for commis
sions or other expenses 263398 72
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 3232370 94
2 Premium notes loans or liens taken in
part payment for premiums on new
policies 864224 89
2 Premium notes loans or liens taken in
part payment for renewal premiums 4343066 90540
CoMPTROLLERGEISrERAls EEPOKT
3 From dividends applied to pay running
premiums 490506 37
3 From dividends applied to purchase
paidup additions and annuities 220327 29
4 From surrender values applied to pay run
ning premiums 97861 96
4 From surrender values applied to pur
chase paid up insurance and annuities 117112 71
5 Consideration for annuities other than
matured installment policies 22102 63
Total 9650972 41
6 Deduct amount of premiums paid to other
companies for reinsurance on policies
in this company new business 21
77503 renewals 16253341 184308 44
7 Total premium income 9466663 97
8 Cash received for interest on mortgage loans 2859346 77
9 Cash received for interest on bonds owned and dividends
on stock 250 00
10 Cash received for interest on premiums notes loans or
liens 484822 00
11 Cash received for interest on other debts due the company 3153 43
13 Cash received for rents for use of companys property
including 778250 for companys own occupancy 20264 19
14 Cash received for profits on real estate 20657 88
16 From dividends and surrender values on reinsurance 19109 77
19 From all other sources viz Received on supplementary
contracts not involving life contingencies 54453 00
Total income 12 92S721 03
IIIDisbursements For The Year 1907
1 Cash paid for death claims including
revisionary additions 2073209 44
2 Premium notes loans or liens used in pay
ment of the same
3 Cash paid for matured endowments and
additions thereto
5 Cash paid for sums falling due during the
year on installment policies
22632 94
738129 40
36111 92
Total 2870083 70
6 Deduct amount received from other com
panies for losses or claims on policies
of this company 82500 00
7 Total net amount actually paid for losses and matured
endowments 2787583 70ComptkollerGenebals Report
541
8 Cash paid to annuitants 24390 02
9 Premium notes loans or liens used in purchase of sur
rendered policies 2327929 voided by lapse 244
90958 268188 87
9 Premium notes loans or liens used in payment of
dividends to policyholders 1129 95
10 Cash dividends paid policyholders 369498 55
11 Cash dividends applied to pay running premiums 490506 37
12 Cash dividends applied to purchase paidup additions
and annuities i 220327 29
13 Surrender values paid in cash 212725 92
14 Surrender values applied to pay running premiums 97861 96
15 Surrender values applied to purchase paidup insurance
and annuities 117112 71
Total paid policyholders 4589325 34
16 Cash paid stockholders for interest on dividends 10000 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 45339766
renewals 50059324 annuities 110513 955096 03
18 Cash paid for salaries and allowances to managers and
agents and other agency expenses 71597 16
19 Cash paid for medical examiners fees 5352700 in
spection of risks 150578 55032 78
20 Cash paid for salaries and all other compensation of
officers and other home office employees 224178 18
21 Cash paid for taxes on new premiums atfd on renewals 136540 10
23 Cash paid for insurance department fees and agents
licenses 19900 99
24 Cash paid for rent including 778250 companys oc
cupancy 33504 74
25 Cash paid for commuting commissions 29332
26 Cash paid for furniture fixtures and safes for home
and agency offices 8950 40
27 Cash paid for advertising 1119108 printing 3578824
postage etc 1590973 62889 05
28 Cash paid for real estate expenses other than taxes
708021 for legal expenses 2233899 total 29419 20
29 Cash paid for the following items viz Mortgage loan
expenses 27935469 mortgage expenses 2809346 307448 15
General expenses 1433022 profit and loss 524523 19575 15
30 Total disbursements 6563417 S3
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 470966 70
2 Loans on mortgage first liens on real estate 50220071 02
4 Loans made in cash to polic3holders on this companys
policies assigned as collateral 6788602 05542
ComptbollebGenebals Eepoet
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
11 Total net or ledger assets
12 Deduct depreciation from cost of assets to bring
to market value
2053465 00
10000 00
6219 81
141612 13
59690937 31
22199 70
13 Total net or ledger assets 59668737 61
Other Assets
14 Interest due 11218719 and accrued 1
79186163 on mortgages 1904048 82
15 Interest accrued on bonds and stocks 50 00
17 Interest due 3754520 and accrued
26542123 on premiums notes loans or
liens
19 Bents accrued on companys property or
lease
302966 43
415 00
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and
unreported on policies in
force December 31 1907
24 Gross deferred premiums on
policies in force Decem
ber 31 1907
New Business
Renewals
2207480 25
487 50
74099 91 339633 47
14864 24 92297 23
Totals
25 Deducting loading 18 per
cent on new and 18
per cent on renewals
88964 15 431930 70
16013 55 77747 53
72950 60 354183 17 427133 77
62303839 13
26 Net amount of uncollected
and deferred premiums
28 Total assets
3
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to
The Actuaries Table of Mortality
with four per cent interest and Ameri
can 3 per cent 50626016 00

ComptkollekGenebal s Repobt
543
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 553465 00
Net reinsurance reserve 50072551 0U
3 Claims for death losses due and unpaid 18500 00
4 Claims for matured endowments due and
unpaid 5070 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 122648 00
6 Claims for death losses and other policy
claims resisted by the company 62750 00
8 Present value of unpaid amounts on
matured installment policies face 637
61866 451637 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders
11 Amount accumulations credited to special forms of
policies
12 Amount of national State or other taxes accrued
13 Amount due agents
15 Amount contingent upon result of local tax litigation
16 Amount of any other liability of the company viz Prem
iums paid in advance 12393696 net unpaid reinsur
ance premiums 4430154
Commissions due agents on premium notes when paid
17 Liabilities on policyholder s account
18 Gross surplus on policyholders account
660605 00
35940 16
390363 00
15048 72
7625 79
197956 28
168238 50
233326 3
59781654 R8
2522184 25
19 Total liabilities 62303839 13
Business in Georgia During 1907
No
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of prev
ious year 4497
Number and amount of policies on the lives of
citizens of Georgia issued during the year 767
Amount
7919098 00
1553947 00
Deduct number and amount which have ceased to
be in force during the year 480
840222 00
Total 5264
94730 45544 ComptrollerGenerais Report
Total number and amount of policies in force in
Georgia December 31 1907 4784 8632823 00
Amount of losses and claims on policies in Georgia
incurred during the year 39 86054 44
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any de
duction for losses dividends commissions or other ex
penses 186812 93
UNION MUTUAL LIFE INSURANCE COMPANY OF PORTLAND ME
Fred E Richards President J Frank Lang Secretary
Home Office 396 Congress St Portland Maine
Albert L Cumming Macon Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 12127084 72
4 Extended at 12127084 72
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 87548 70
8 Dividends applied to purchase paidup
additions and annuities 28545 98
9 Surrender values applied to purchase paid
up reinsurance and annuities 17288 53
10 Consideration for original annuities in
volving life contingencies 1023 75
12 Total new premiums 134406 96
13 Renewal premiums without deduction for
commissions or other expenses less
55449 for reinsurance on renewals 2038038 98
14 Dividends applied to pay renewal prem
iums 34489 05
15 Surrender values applied to pay renewal
premiums 7103 08
17 Total renewal premiums 2 079 631 11
18 Total premium income 2214 038 07
19 Consideration for supplementary contracts not involving
life contingencies 7 093 88ComptkollebCtenebals Repobt
545
20 Ledger assets other than premiums received from other
companies for assuming their risks
22 Gross interest on mortgage loans 59179 93
23 Gross interest on collateral loans 56973 95
24 Gross interest on bonds and dividends on
stocks 347528 55
25 Gross interest on premium notes policy
loans or liens 25439 54
26 Gross interest on deposits in trust com
panies and banks 3337 48
27 Gross interest on other debts due the
company 1038 72
28 Gross discount on claims paid in advance 144 63
29 Gross rent from companys property in
cluding 1050000 for companys oc
cupancy of its own buildings 61049 77
8745 62
30 Total gross interest and rents
31 Gross profit on sale or maturity of ledger assets viz Real
estate 26750 bonds 159000 stocks 20982397
33 Prom all other sources Profit and loss on real estate
882895 profit and loss miscellaneous 525
554692 57
211681 47
9353 95
39 Total income 3005605 56
IIIDisbursements
1 For death claims less 500000 reinsur
ance 74599352 additions 1170784 757701 36
2 For matured and discounted endowments
14268090 additions 1408217 156763 07
3
i
Net amount paid for losses and matured and discounted
endowments
For annuities involving life contingencies
Premium notes loans or liens voided by lapse
Surrender values paid in cash
7 Surrender values applied to pay new premiums
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums
11 Dividends applied to purchase paidup additions and an
nuities
12 Total paid policyholders 1264855 28
13 Expense of investigation and settlement of policy claims
including 224771 for legal expense
14 Paid for claims on supplementary contracts not involving
life contingencies
as eg
914464 43
2391 61
76559 93
141248 24
7103 08
17288 53
42764 43
34489 05
28545 98
2383 46
4815 26
546
ComptrollerGenerais Report
16 Commissions to agents less commission on reinsurance
first years premiums 3719989 renewal premiums
12528077 annuities original 5119 162531 85
18 Salaries and allowances for agencies including managers
agents and clerks 24520 68
19 Agency supervision traveling and all other agency
expenses 18095 41
20 Medical examiners fees 5441 00
21 Salaries and all other compensation of officers directors
trustees and home office employees 80648 55
22 Rent including 1050000 for companys occupancy of its
own buildings 25957 42
23 Advertising 115768 printing and stationery 380521
postage telegraph telephone and express 278024 7743 13
24 Legal expenses 4170 25
25 Furniture fixtures and safes 291 10
26 Insurance taxes licenses and department fees 46431 48
27 Taxes on real estate 11906 05
28 Repairs and expenses other than taxes on real estate 32684 52
29 Gross loss on sale or maturity of ledger assets viz Real
estate 1232700 bonds 151692 stocks 6045246 74296 38
31 All other disbursements Interest bills payable 17293
miscellaneous expenses 349801 traveling expenses
officers and clerks 90818 commissioners examination
5522 profit and loss on real estate 85000 profit and
loss miscellaneous 78248 total 13916 92
40 Total disbursements 1780688 74
IVLedger assets
1 Book value of real estate 1066324 37
2 Mortgage loans on real estate 1120853 95
3 Loans secured by pledge of bonds stocks or other col
lateral 1557238 59
4 Loans made to policyholders on this companys policies
assigned as collateral 612814 89
5 Premium notes on policies in force including 8122864
short time notes taken in settlement of renewal prem
iums 133866 64
6 Book value of bonds excluding interest 621053980
and stocks 240048302 total 8611022 82
7 Cash in companys office 530 03
8 Deposited in trust companies and banks not on interest 28595 77
9 Deposited in trust companies and banks on interest 212861 29
10 Bills receivable 7893 19
12 Total ledger assets 13352001 54ComptbollebGeneeals Bepoet
547
NonLedger Assets
13 Interest due 10000 and accrued 16
42816 on mortgages
14 Interest due 250000 and accrued
67164 on bonds
15 Interest accrued on collateral loans
16 Interest due 641162 and accrued 12
85721 on premium notes policy loans or
liens
18 Eents due 76216 and accrued 154979
on companys property or lease
16528 16
83171 64
6276 26
19268 83
2311 95
19 Total interest and rents due and accrued
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1907 15215 83
24 Gross deferred premiums
policies in force Decem
ber 31 1907 9045 01
25 Totals 24260 84
26 Deduct loading 5458 69
Renewals
235286 59
134169 42
369456 01
83127 60
27 Net amount of uncollected
and deferred premiums 18802 15 286328 41
28 Allother assets viz Forborne premiums to be deducted
in settlement of policy claims included in liabilities
127556 84
305130 56
120 25
33 Gross assets 13784809 19
7893 19
1318 00
Deduct Assets Not Admitted
36 Commuted commissions
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies
43 Total 9211 19
44 Total admitted assets13 775 598 00
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 as computed by the com
pany on the following tables of mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on all
policies issued prior to January 1 1901 9383784 00
Same for reversionary additions 91888 00 9475672 00548
ComptrollerGenerals Report
2 American experience table at 3 per cent
on all policies issued subsequent to Jan
uary 1 1901
Same for reversionary additions
5 Net present value of annuities including
those in reduction of premiums Give
tables and rates of interest viz
Aduaries 4 per cent
American 3 per cent
3247160 00
177537 00
3203 00
13651 00
3424697 00
16854 00
Total 12917223 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 3369 00
7 Reserve to provide for health and accident benefits con
tained in life policies 12913854 00
8 Net reserve 12913854 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company at 4 per cent and 3 per cent interest 37105 00
12 Claims for death losses in process of ad
justment or adjusted and not due
13 Claims for death losses which have been re
ported and no proofs received
14 Claims for matured endowments due and
unpaid
15 Claims for death losses and other policy
claims resisted by the company
46113 17
58420 49
2599 48
1000 00
17 Total policy claims
19 Premiums paid in advance including surrender values so
applied
20 Unearned interest and rent paid in advance
22 Commissions to agents due or accrued
24 Salaries rents office expenses bills and accounts due
or accrued
25 Medical examiners and legal fees due or accrued
26 State County and Municipal taxes due or accrued
30 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 10991 02
38 All other liabilities viz Market value of Bonds and
Stocks under book value 38205 67
44 TJnassigned funds surplus 633042 21
45 Total liabilities 13784809 19
108133 14
2086 27
758 88
1033 00
10000 00
4600 00
25000 00ComptrollerGeneral s Report
Business in Georgia During 1907
No
12 Policies on the lives of citizens of said State
in force December 31 of previous year406
13 Policies on the lives of citizens of said State
issued during the year 50
14 Total 456
15 Deduct ceased to be in force during the year 121
16 Policies in force December 31 335
18 Losses and claims incurred during year 2
20 Losses and claims settled during the year 2
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses divi
dends commissions or other expenses 1502663
549
Amount
582008 66
60440 40
642449 06
160504 23
481944 83
4000 00
4000 00
THE VOLUNTEEE STATE LIFE INSITKANCE COMPANY OF CHAT
TANOOGA TENNESSEE
Z C Patten President Theo F King Secretary
Principal Office Chattanooga Tenn
Frank M Akers and Geo Collier Atlanta Attorneys for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 200000 00
Amount of net or ledger assets Decem
ber of previous year 296267 73
Extended at
IIIncome During Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 142030 05
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 189264 13
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 company
14 Cash received for profits on sales of bonds or stocks
296267 73
331294 18
8087 80
4101 68
1145 88
1014 85
64 00550 CompteollebGeneeals Repobt
19 Irom all other sources viz Old premium notes not
previously on books 9945 Agents balances col
lected credit accounts 71937 net first premiums
not previously reported 1954862 total 20367 44
Total income 366075 83
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
versionary additions 62708 50
7 Total net amount actually paid for losses and matured
endowments 62708 5fr
13 Surrender values paid in cash 2161 23
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 7983831
renewals 661660 total 86 454 91
18 Cash paid for salaries and allowances to managers and
agents 12246 57
19 Cash paid for medical examiners fees 1118750 in
spection of risks 190268 total 13090 18
20 Cash paid for salaries and all other compensation of
officers and other home office employees 30973 06
21 Cash paid for taxes on new premiums 96254 on re
newals 27092 total 1233 4ft
22 Cash paid for taxes on investments 3093 30
23 Cash paid for insurance department fees and agents
licenses 127026 municipal licenses 57720 total 1847 46
24 Cash paid for rent including 96534 companys occu
pancy
25 Agency supervision traveling etc
27 Cash paid for advertising 475987 printing 360553
postage 196988 telephone and telegraph 55677
express 28126 total
28 Cash paid for legal expenses
29 Cash paid for the following items viz Fire insurance
6220 repairs office 10307 collection fees 3007
real estate loan expense 9650 actuary and auditors
438155 incidentals 138545 total 6058 84
30 Total disbursements 238655 11
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 169616 6ft
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 35320 2ft
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 13030 50
965 34
5573 20
11173 151
1075 75
ComptrollerGeneral s Report
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
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 62000 and accrued 2662
on mortgages
15 Interest due and accrued on bonds and
stocks
16 Interest due and accrued on collateral
loans
551
17670 35
136824 00
500 00
50726 68
423688 45
52 10
442 09
Total carried out
23 Gross premiums due and unreported on
policies in force December 31 22228 43
24 Gross deferred premiums on policies in
force December 31 1907 8246 88
Total
25 Deducting loading
30475 31
1244 69
26 Net amount of uncollected and deferred
premiums 29230 62
27 Furniture fixtures and safes 339103 stationery and
printing 243168 total
2 Furniture fixtures and safes 339103
stationery and printing 243168
5822 71
Total
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries table of mortality with four
per cent interest
229880 43
3376 19
29230 62
5822 71
28 Total assets 462117 97
Items Not Admitted
5822 71
456295 26552 ComptrollerGenerals Report
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 8432 41
Net reinsurance reserve 221 448 02
6 Claims for death losses and other policy
claims resisted by the company 3000 00
8 Present value of unpaid amounts on ma
tured installment policies face 9500 7448 00
Total policy claims 10448 00
11 Commissions due to agents on renewal premium notes
when paid 576 20
Commissions to agents due or accrued 434 82
17 Liabilities on policyholder a account 232 907 04
18 Gross surplus on policyholders account 223 388 22
19 Total liabilities 45295 26
Business in Georgia During 1907
No Amount
N umber and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 203 418000 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 346 689000 00
Total 549 1107000 00
Deduct number and amount which have ceased to be
in force during the year 76 165500 00
Total number and amount of policies in force in
Georgia December 31 1907 473 941 500 00
Amount of premiums collected during the year in cash
1934894 notes or credits 420397 total 23
55291

WASHINGTON LIFE INSURANCE COMPANY OF NEW YORK N Y
John Tatlock President J W B Van de Water Secretary
Howard O Jory Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
Amount of net or ledger assets Decem
ber 31 of previous year 18391787 62
Extended at 18391787 62ComptrollerGenerals Report

IIIncome During Year 1907
1 Cash received for premiums on new poli
cies without deduction for commissions
or other expenses 102661 52
lYz Cash received for renewal premiums
without deductions for commissions or
other expenses 19556698 90
3 From dividends applied to pay running
premiums 890 51
3V2 From dividends applied to purchase
paidup additions and annuities 55370 02
4 From surrender values applied to pay run
ning premiums 34048 69
4 From surrender values applied to pur
chase paidup insurance and annuities 80175 77
5 Consideration for annuities other than
matured installment policies 892 03
Total 2229737 44
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 81500 re
newals 47257 total 1287 57
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 loans or liens
11 Cash received for interest on other debts due the com
pany
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 30000 for companys own occupancy
14 Cash received for profits on sales of bonds
15 Consideration for supplementary contracts not involving
life contingencies
IIIDisbursements for the Year 1907
1 Cash paid for death claims including re
versionary additions 913573 40
3 Cash paid for matured endowments and
additions thereto 758784 58
5 Cash paid for sums falling due during the
year on installment policies 4014 40
2228449 87
206523 27
235682 27
110466 27
6636 07
1303 12
372679 74
250 00
4218 00
Total 1676372 38554
ComptbolleeGeneeal s Repoet
10
11
12
13
14
15
17
18
19
20
21
22
24
26
27
28
29
Total net amount actually paid for losses and matured
endowments 1676372 38
Cash paid to annuitants 34 557 24
Cash dividends paid policyholders 56516 45
Cash dividends applied to pay running premiums 890 51
Cash dividends applied to purchase paidup additions
and annuities 55370 02
Surrender values paid in cash 300488 56
Surrender values applied to pay running premiums 34048 69
Surrender values applied to purchase paidup insurance
and annuities 80175 77
Total paid policyholders 2234405 22
Paid for claims on supplementary con
tracts not involving life contingencies 4014 40
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 3913469
renewals 11569918 total 154833 87
Cash paid for salaries and allowances to managers and
agents 39490 65
Cash paid for medical examiners fees 336025 inspec
tion of risks 50025 total 3860 50
Cash paid for salaries and all other compensation of offi
cers and other home office employees 95446 95
Cash paid for insurance taxes licenses and department
fees 34398 38
Cash paid for taxes on real estate 58699 70
Cash paid for rent including 30000 for companys
occupancy 30000 00
Cash paid for furniture fixtures and safes for home and
agency offices 293 99
Cash paid for advertising 1367238 printing 577656
postage etc 673286 total 26181 80
Cash paid for real estate expenses other than taxes 86
85427 for legal expenses 1578351 total 102263 78
Cash paid for the following items viz Agency super
vision traveling expenses auditing fees etc 20599 43
30 Total disbursements 2804862 67
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 4201500 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2080193 00
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase 5856327 12
7 Cash in companys office 2064 78
8 Cash deposited in banks 200563 44
10 Agents ledger balances 34531 22CompteolleeGeneeals Repoet
555
11 Total net or ledger assets 18754351 06
Value of stocks and bonds 535680 40
13 Total net or ledger assets less depreciation 18218670
Other Assets
14 Interest due 436250 and accrued 30
44382 on mortgages 34806 32
15 Interest accrued on bonds and stocks 69156 56
17 Interest due 1366645 and accrued 11
18081 on loans or liens 24847 26
18 Interest accrued on other assets 936 54
19 Rents due 98498 and accrued 15373
34 on companys property or lease 16358 32
Total carried out
23 Gross premiums due and
unreported on policies in
force Dec 31 1907
24 Gross deferred premiums
on policies in force De
cember 31 1907
713 48
5361 60
102869 33
173929 62
Totals
25 Deducting loading 13 per
cent on new and 233
per cent on renewals
6075 08 276798 95
789 76
64494 16
26 Net amount of uncollected
and deferred premiums
5285 32 212304 79
146105 00
217590 11
28 Total assets 18582365 77
Items Not Admitted
5 Agents balances
34531 22
Total 34531 22
9 Total assets less items not admitted 18547834 55
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
American and the actuaries tables of
mortality with four 3 and 3 per cent
interest 17566298 00556
ComptrollekGenebais Repokt
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
820 00
Net reinsurance reserve
4 Claims for matured endowments due and
unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
7 Amounts due and unpaid on annuity claims
17565478 00
17978 72
99799 64
8000 00
290 43
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
13 Amount due on account of salaries rents and office ex
penses medical examiners fees and legal fees
14 Unearned interest and rent paid in advance and com
missions to agents due or accrued
16 Premiums paid in advance
16 Deposit to secure lease 7500 surrender values due
and unpaid 109183 due and unpaid on annuities
certain 43652 liability which may be demanded on
cancelled policies 8144 total
126068 79
7472 33
94135 44
5807 96
43058 93
8430 76
60387 83
17 Liabilities on policyholders account 17910840 04
18 Gross surplus on policyholders account 636994 51
19 Total liabilities 18547834 55
Business in Georgia During 1907
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 488 726365 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 30 48000 00
Total 518 774365 00
Deduct number and amount which have ceased to be
in force during the year 51 93728 00
Total number and amount of policies in force in Geor
gia December 31 467 680637 00
ComptrollerGenerals Report
Amount of losses and claims on policies in Georgia
incurred during the year 14
Total 14
Amount of losses and claims on policies in Georgia
paid during the year 13
Amount of premiums collected in Georgia in cash
2380629
557
15521 85
15521 85
15333 85
558
CompteollebGenebals Repobt
AETNA ACCIDENT AND LIABILITY LIFE INSURANCE COMPANY
OP HARTFORD CONNECTICUT
M G Bulkeley President M B Brainard Secretary
C C Thorn Atlanta W M Ray Savannah Attorneys for Service in Georgia
ICapital Stock
1 Amount of capital stock paid up in cash 500000 00
Extended at
500000 00
IIIncome During Year 1907
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
3160 16
Total 3160 16
7 Total premium income t
8 Cash received for interest on mortgage bonds
9 Cash received for interest on bonds owned and dividends
on stock
19 From all other sources viz Premium on 5000 shares
capital stock at 5000 per share
Total 212 05
7 Total net amount actually paid for losses
17 Cash paid for commissions on new policies
23 Cash paid for insurance department fees and agents
licenses
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 350 printing 28468
29 Cash paid for the following items viz Legal expense
Sundry Expenses
30 Total disbursements
3160 16
7250 96
2625 00
250000 00
Total income 263036 12
HIDisbursements for the Year 1907
1 Cash paid for claims 212 05
212 05
776 70
1814 71
3 75
288 18
250 00
3 50
3348 89
IVAssets as per Ledger Accounts
2 Loans on mortgage first liens on real estate 364000 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase j42 500 00
8 Cash deposited in banks 253187 23
11 Total net or ledger assets 759 g87 gaComptrollerGeneral s Report
12 Deduct depreciation from cost of assets
13 Total net or ledger assets
559
7500 00
752187 23
Other Assets
14 Interest accrued on mortgages 599 04
15 Interest accrued on bonds and stocks 875 00
Total carried out
28 Total assets
Net reinsurance reserve
5 Claims for losses in process of adjustment
Total policy claims
12 Amount of National State or other taxes due
19 Total liabilities
1474 04
753661 27
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
actuaries table of mortality with four
per cent interest 1467 57
25 00
1467 57
25 00
100 00
1592 57
ANNUAL STATEMENT AETNA INSURANCE COMPANY OP HART
FORD CONNECTICUT
M G Bulkeley President C E Gilbert Secretary
Home Office 605 Main Street Hartford Connecticut
ICapital Stock
1 Amount of capital paid
up in cash 2000000 00
2 Amount of ledger assets December 31
of previous year 79936457 76
Extended at 79936457 76
IIIncome
1 Entire premiums collected during the year Accident 1
67436590 Health 24360181 Liability 326641496
total 5184382 67
2 Deduct reinsurance return premiums and cancellations
Accident 9259986 Health 1484097 Liability 255
94481 total 363385 64560
CoMPTKOLLEKGrENERAls REPORT
3 Net cash actually received for premiums Accident 1
58176604 Health 22876084 Liability 301047015
total
20 Gross interest on mortgage loans 1599015 40
21 Gross interest on collateral loans 48662 30
22 Gross interest on bonds and dividends on
stocks 1251550 09
23 Gross interest on deposits 75 292 77
24 Gross interest from all other sources 381911 73
25 Gross rents from companys property in
cluding 2300000 for companys occu
pancy of its own buildings 35485 50
4820997 03
26 Total gross interest and rents
28 Gross profit on sale or maturity of ledger assets viz
11900 00
Eeal estate
Bonds
Total
26393 75
29 Gross increase in book value of ledger assets viz
Bonds 144000 00
Total
34 Total
35 Premium income life business
3391917 79
38293 75
144000 00
8395208 57
10367560 87
36 Total income during the year 18 762 769 44
IIIDisbursements
1 Gross amount paid for losses Accident 84715338
Health 10319244 Liability 143815516 totali
2 Deduct salvage and reinsurance Accident 6636980
Health 266285 total
3 Net amount paid policyholders for losses Accident
80778358 Health 10052959 Liability 143815516
total d
4 Investigation and adjustment of claims Accident 37
66275 Health 6743 Liability 13297779 total
5 Total Accident 84544633 Health 10059702 Lia
bility 157113295 total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Acccident 55125579 health 7479905 liability
70843544 total
19 Stockholders for interest or dividends
2415500 98
69032 65
2346468 33
170707 97
2517176 30
1334 490 28
100000 00ComptrollerGenerals Beport
561
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 159235 64
21 Salaries traveling and all other expenses of agents not
paid by commissions 97989 85
22 Medical examiners fees and salaries 10177 26
23 Inspections other than medical 44834 94
24 Eents 38287 23
27 All other taxes licenses and insurance department fees 69205 48
28 Legal expenses 2404 32
29 Advertising 13164 16
30 Printing and stationery 62516 17
31 Postage telegraph telephone and express 40112 74
32 Furniture and fixtures 17950 36
36 Sundry expense 20101 30
37 Investment expense 6 88
38 Profit and loss 70 00
39 Accident Health and liability business 4527722 91
40 Life business 9689046 45
41 Total disbursements 14216769 36
IVLedger Assets
1 Book value of real estate unincumbered 616795 01
2 Mortgage loans on real estate first liens 41239753 50
3 Loans secured by pledge of bonds stocks or other col
laterals 1363499 81
4 Book value of bonds excluding interest 2449551943
and book value of stocks 506135395 total 29556873 38
5 Cash in companys office 665468 78
6 Deposited in trust companies and banks on interest 3129711 84
7 Deposited in trust companies and banks not on interest 1460229 25
8 Bills receivable 65219 55
10 Agents balances 48462 55
11 Loans made to policyholders on this companys policies
assigned as collateral 6076735 00
12 Premium notes or liens on policies in force of which 4
29224 is for first years premiums 259709 17
13 Ledger assets 84482457 84
NonLedger Assets
14 Interest due 12181222 and accrued 78697173 on
mortgages 908783 95
15 Interest due 204000 and accrued 153
95728 on bonds 155997 28
16 Interest due 1347173 and accrued 5
16722 on collateral loans 18638 95
17 Interest due 25516998 and accrued 1
06201 on other assets 256231 99
36cg562
ComptrollerGenerals Bepoet
18 Rents accrued on companys property or
lease
1725 00
Total
21 Gross premiums in course of collection viz Net amount
of uncollected and deferred premiums
1341377 17
879403 86
39 Gross assets 86703238 87
Dedut Assets Not Admitted
41 Bills receivable 65219 55
46 Book value of ledger assets over market
value viz Bonds and stocks 183047 60
47 Agents debit balances 48462 55
48 Premium notes loans or liens in excess
of reserve on policies 1036 28
52 Total
53 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Accident
5824640 Health 157055 total
2 Losses and claims reported proofs not received Accident
3270000 Health 150000 total
3 Losses and claims resisted Accident 7629275 Health
142071 total
4 Total Accident 16723915 Health 449126
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 320572628 un
earned premiums 50 per cent 1602863 14
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 12608637
unearned premiums pro rata 96422 85
297765 98
86405472 89
59816 95
34200 00
77713 46
171730 41
1400331 85
1572062 26
21 Total unearned premiums
26 Salaries rents expenses bills accounts fees etc due or
accrued
41 Accident health and liability business
42 Life business
1699285 99
2500 00
3273848 25
77544616 26
43 Total amount of all liabilities except capital 80818 464 51ComptrollerGenerals Beport
563
44 Capital actually paid up in cash 2000000 00
45 Surplus over all liabilities 3587008 38
46 Surplus as regards policyholders 5587008 38
47 Total liabilities 86405472 89
Business in State of Georgia During 1907
Accident Health
Liability
40 Gross premiums receiv
ed on risks written
or renewed during
the year 33577 77 5923 04 936191
41 Gross Losses paid 17011 74 3314 58 4819 43
42 Gross losses incurred 18501 24 3364 58 4819 43
THE AETNA INDEMNITY COMPANY OP HARTFORD CONNECTICUT
F D Kilburn President Charles I Brooks Secretary
Home Office 36 Pearl Street Hartford Conn
Executive Offices 68 William Street New York City N Y
Fair Dodd Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets December 31
of previous year 1064042 07
Extended at 1064042 07
IIIncome
1 Gross premiums unpaid Dec 31 lat year Fidelity
927039 Surety 5763402 Plate Glass 1789797
Burglary and Theft 3857967 total
2 Gross premiums written and renewed during the year
Fidelity 102 17118 Surety 32166092 Plate Glass
12051968 Burglary and Theft 23055878 totals
3 Total premiums Fidelity 11144157 Surety 379
29494 Plate Glass 13841765 Burglary and Theft
26913845 total
4 Deduct gross premiums now in course of collection
Fidelity 1167737 Surety 8115930 Plate Glass
2494489 Burglary and Theft 4722674 totals
123382 05
774910 56
898292 61
165008 30564
ComptrollerGenerals Report
5 Entire premiums collected during the year Fidelity
9976420 Surety 29813564 Plate Glass 11347276
Burglary and Theft 22191171 total 733284 31
6 Deduct reinsurance return premiums and cancellations
Fidelity 1264782 Surety 6993072 Plate Glass
1995532 Burglary and Theft 7464046 total 177174 32
7 Net cash actually received for premiums Fidelity 87
11638 Surety 22820492 Plate Glass 9351744
Burglary and Theft 14727125 total
22 Gross interest on bonds and dividends on
stocks 25082 39
23 Gross interest on deposits 6 877 16
26 Total gross interest and rents
28 Gross profit on sale or maturity of ledger assets viz
Stocks 23555 06
Total
31 Premiums paid in advance gross
32 Premiums in suspense awaiting further
information
730 19
469 81
35 Total
36 Total income
IIIDisbursements
1 Gross amount paid for losses Fidelity 1456422 Surety
14660158 Plate Glass 4020874 Burglary and Theft
6664900 total
2 Deduct salvage and reinsurance Fidelity 142109
Surety 5272334 Plate Glass 57992 Burglary and
Theft 827776 total
3 Net amount paid policyholders for losses Fidelity
1314313 Surety 9387824 Plate Glass 3962882
Burglary and Theft 5837124 total
4 Investigation and adjustment of claims Fidelity 3
07590 Surety 2353602 Burglary and Theft 3
16214 total
556109 99
31959 55
23555 06
1200 00
612824 60
268023 54
63002 11
205021 43
29774 06
5 Totals Fidelity 1621903 Surety 11741426 Plate
Glass 3962882 Burglary and Theft 6153338 total 234795 49
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Fidelity 1997870 surety 5624013 plate glass 32
82150 burglary and theft 4410360 total 153143 93
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 90 194 33ComptrollerGenerals Eeport
565
21 Salaries traveling and all other expenses of agents not
paid by commissions
23 Inspections other than medical
24 Rents
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 telegraph telephone and express
32 Furniture and fixtures
33 Gross loss on sale or maturity of ledger assets viz
142 50
Bonds
Total
36 Agency office and general expenses
37 Traveling and miscellaneous expenses
12466 45
3852 29
Total
39 Premium charged to suspense account un
collectible at present
40 Miscellaneous suspense
1291 82
283 89
Total
41 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 56221489 and
book value of stocks 26085893 total
5 Cash in companys office and in transmission
6 Deposited in trust companies and banks on interest
7 Deposited in trust companies and banks not on interest
9 Other ledger assets viz Premium and other balances
due
10 Miscellaneous ledger assets
13 Ledger assets
NonLedger Assets
15 Interest accrued on bonds 13257
Total
27262 53
155 00
18177 66
91 28
22016 24
14156 86
3880 55
13469 15
13374 46
1710 20
142 50
16318 74
1575 71
610464 63
6250 00
3500 00
823073 82
10152 66
140102 28
10382 82
1741 36
71199 10
1066402 04
13257 48566
Comptroller General s Eeport

21 Gross premiums in course of collection viz
On Policies or Renewals On Policies or Renewals
o subsequent to Oct 1 1907 Issued prior to Oct 1 1907
25 Fidelity 9233 48 2 443 89
26 Surety 35268 07
27 Plate glass 21512 77
29 Burglary and
theft 41250 60 5 976 14
35 Totals 107264 92
45891 23
3432 12
57743 38
Total
39 Gross assets
165008 30
1244667 82
Deduct Assets Not Admitted
45 Gross premiums in course of collection
written prior to October 1 1907 53 469 23
46 Book value of ledger assets over market
value viz
47 Premium and other balances due
77588 82
1741 36
48 Total
53 Admitted assets
VLiabilities
1 Losses and claims adjusted Burglary and Theft
2 Losses and claims in process of adjustment Fidelity
58926 Surety 2071836 Plate Glass 4295 88
Burglary and Theft 512785 total
3 Losses and claims reported proofs not received Burelarv
and Theft
4 Losses and claims resisted Fidelity 291559 Surety
2159030 Burglary and Theft 767901 total
5 Total losses and claims Fidelity 350485 Surety
4230866 Plate Glass 429588 Burglary and Theft
1703692 total
14 Deduct reinsurance on losses in process of adjustment
6632 resisted 112010 total
132799 41
1111868 41
71 00
30731 35
4159 06
32184 90
67146 31
1186 42
15 Net unpaid claims except liability claims Adjusted
7100 in process of adjustment 3066503 reported
proofs not received 415906 resisted 3106480
total
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 57872885
unearned premiums 50 per cent 289364 42
65959 89ComptbollebGenebals Repobt
567
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 3404258
unearned premiums pro rata 20290 07
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz Fidelity 229999
surety 961388 plate glass 566425 burglary and
theft 951949 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Return premiums over and under three months due
32 Reinsurance over and under three months due
33 Advance premiums 100 per cent 73019 less com
mission of 14809
34 Other liabilities viz Premiums in supense awaiting
further information
42 Contingent fund voluntarily set aside by the company
43 Total amount of all liabilities except capital
44 Capital actually paid up in cash 500000 00
45 Surplus over all liabilities 90435 56
309654 49
27097 61
4666 67
7032 33
5969 95
582 10
469 81
100000 00
521432 85
46 Surplus as regards policyholders
590435 56
47 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Fidelity 183858 Surety 1073932 Plate
Glass 58212 Burglary and Theft 92901 total
Gross losses paid Fidelity 306765 Surety 45231 Plate
Glass 18159 total
1111868 41
14089 03
3701 55
THE AMEEICAN BANK INSURANCE COMPANY OF MINNEAPOLIS
MINNESOTA
F E Kenaston President
O B McClintock Secretary
Principal Office 513 S 3d St Minneapolis Minnesota
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of captal stock 100000 00
2 Amount paid up in cash
100000 00568
CompteollebGenerais Kepoet
IIAssets
2 Loans on bond and mortgage duly recorded and being
first hens on the fee simple
3 Interest accrued on all said bond and mortgage loans
7 Amount of other loans
Total par and market value of stocks and bonds owned
absolutely by the company carried out ft market
value
11 Total par and market value of all other securitiesexcept
mortgages
13 Cash belonging to the company deposited
in banks viz South Side State Bank
Minneapolis Minn open account 10
54338 certificate of deposit at 3 per
cent 650000 accrued interest 4674
totaI 17090 12
Total cash items
15 Interest due and accrued on bonds not included in mar
ket Yalue uncollected
16 Interest due and accrued on collateral loans and uncol
lected
Premiums in course of collection
71250 00
1969 60
12645 00
52658 60
12645 00
17090 12
851 23
719 56
311 00
Total assets of the company actual cash market value 157495 H
IIILiabilities
7 Gross premiums without any deduction
received and receivable upon all unex
pired burglary risks running one year
or less from date of policy 336425
unearned premiums fifty per cent 1682 13
11 Total unearned premiums as computed above carried out 1 682 13
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
1682 13
100000 00
55812 98
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 3387 04
6 Deduct premiums and bills in course of
collection at this date 31 qq
157495 II
7 Entire premiums collected during the
year 3076 04
8 Deduct reinsurance and return premiums 206 45
COMPTKOLLERGrENERAL s EEPOKT
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
15 Aggregate amount of income actually received during the
year in cash
VExpenditures 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 licenses department fees etc
9 All other payments and expenditures viz Printing and
stationery
Postage and express 9160 general expense 12175
Aggregate amount of actual expenditures during the year
in cash
569
2869 59
2557 49 70
7 27
t 55 87
5532 43
329 25
1032 05
360 80
213 35
1935 45
AMERICAN BONDING COMPANY BALTIMORE MARYLAND
George Cator President Wm E P Duvall Assistant Secretary
Home Office Equitable Building Calvert and Fayette Streets Baltimore
Maryland
Edward M Durant Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets December 31
of previous year 1542745 87
Extended at 1542745 87
IIIncome
1 Gross premiums unpaid Dec 31st last year Fidelity
2305419 Surety 7273937 Burglary and Theft 29
09510 total 124888 66
2 Gross premiums written and renewed during the year
Fidelity 23261267 Surety 55763393 Burglary and
Theft 15386490 total 944111 50
3 Total Fidelity 25566686 Surety 63037330 Burg
lary and Theft 18296000 total 570
ComptrollerGenerais Report
4 Deduct gross premiums now in course of collection
Fidelity 2234620 Surety 8290450 Burglary and
Theft 2951971 total 134770 41
5 Entire premiums collected during the year Fidelity
23332066 Surety 547468 80 Burglary and Theft
15344029 total 934229 75
6 Deduct reinsurance return premiums and cancellations
Fidelity 3637283 Surety 8416937 Burglary and
Theft 5706297 total 177 605 17
7 Net cash actually received for premiums Fidelity
196947 83 Surety 46329943 Burglary and Theft
9637732 total
18 Total net cash actually received for premiums
20 Gross interest on mortgage loans
21 Gross interest on collateral loans
22 Gross interest on bonds and dividends on
stocks
23 Gross interest on deposits
24 Gross interest from all other sources
25 Gross rents from companys property
756624 58
756624 58
478 13
1140 47
47868 21
1504 16
471 78
98 25
26 Total gross interest and rents
28 Gross profit on sale or maturity of ledger
assets viz Bonds
219 80
Total
29 Gross increase in book value of ledger
assets viz Stocks
525 00
Total
31 Income from investment of collateral de
posits during the year
32 Interest paid on collateral deposits dur
ing year
51561 00
219 80
525 00
13049 62
8971 47
Total
4078 15
33 Net income from collateral deposits during the year 813 008 53
34 Premiums paid in advance Dec 31 1906 7942 40
35 Premiums paid in advance Dec 311907 6 794 63
Total
1147 77
36 Total income
811860 76CoMPTROLLERGrENERAL s REPORT
571

IIIDisbursements
1 Gross amount paid for losses Fidelity 5973383 Surety
34066548 Burglary and Theft 3998085 total
2 Deduct salvage and reinsurance Fidelity 529483
Surety 6338199 Burglary and Theft 533078 total
3 Net amount paid policyholders for losses Fidelity 54
43900 Surety 27728349 Burglary and Theft 34
65007 total
4 Investigation and adjustment of claims Fidelity 7
53374 Surety 3041244 Burglary and Theft 1716
73 total
5 Totals Fidelity 6197274 Surety 30769593 Burglary
and Theft 3636680 total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Surety and Fidelity 17809001 Burglary and Theft
3016484 total
19 Stockholders for interest or dividends amount declared
during the year 50000
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
23 Inspections other than medical
24 Eents
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 telegraph telephone and express
32 Furniture and fixtures
33 Gross loss on sale or maturity of ledger
assets viz Real estate 1869 78
Bonds 6717 92
Stocks 9500 00
Total
34 Gross decrease in book value of ledger
assets viz Real estate
Bonds
Stocks
767 94
71842 00
1650 00
440380 16
74007 60
366372 56
39662 91
406035 47
208254 85
50000 00
92361 44
56602 85
2655 27
10380 00
126 11
387 81
28012 25
11904 56
8570 88
9561 98
7987 85
8305 94
18087 70
Total
36 General miscellaneous expenses
74259 94
10783 76572 ComptkolleeGteneeals Repoet
37 Depreciation in market value Collateral deposit invest
ments during the year 10 249 Oo
38 Loss on sale of collateral deposit investments during year 537 92
39 Profit and loss i 191 gg
41 Total disbursements 1016 257 26
IVLedger Assets
1 Book value of real estate unincumbered 6007 36
2 Mortgage loans on real estate first liens 8000 00
4 Book value of bonds excluding interest 112441071
and book value of stocks 4736000 total 1171770 71
5 Cash in companys office 2 214 16
6 Deposited in trust companies and banks on interest 124107 14
10 Judgment against Houston Oil Co of Texas to the
amount of 3779020 secured to the full amount by
additional indemnity 26 250 00
13 Ledger assets 1338349 37
NonLedger Assets
15 Interest due 118750 and accrued 572827 on bonds 6915 77
25 On policies or renewals issued subsequent to October 1
1907 Fidelity 1378126 Surety 4089927 Burglary
and Theft 2681550 total 81496 03
26 On policies on renewals issued prior to October 1 1907
Fidelity 856494 Surety 4200523 Burglary and
Theft 270421 total 53274 38
Total 134770 41
39 Gross assets 148003555
45 Gross premiums in course of collection written prior to
October 1 1907 53274 38
53 Admitted assets 1 426 761 17
VLiabilities
1 Losses and claims in process of adjustment Fidelity
748672 Surety 3595413 Burglary and Theft 8
95138 total 52392 23
2 Reported proofs not received Fidelity 143865
Surety 562643 total 7 065 08
3 Resisted Fidelity 2598967 Surety 9983424 Burg
lary and Theft 343100 total 129254 91
4 Totals Fidelity 3491504 Surety 14141480 Burg
lary and Theft 1238238 total 188712 22
18 Total unpaid claims and expenses of settlement 188 712 22ComptrolleeGeneeals Eepoet
573
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 79215348 un
earned premiums 50 per cent 396076 74
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 6648388
unearned premiums pro rata 49117 53
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz Fidelity 413438
Surety 1226978 Burglary and Theft 804465 total
27 State county and municipal taxes due or accrued
31 Return premiums
32 Reinsurance
33 Advance premiums 100 per cent
35 Reserve for contingencies
46 Surplus as regards policyholders
445194 27
24448 81
12500 00
3036 54
5904 23
6794 63
37500 00
43 Total amount of all liabilities except capital 724090 70
44 Capital actually paid up in cash 500000 00
45 Surplus over all liabilities 202670 47
702670 47
47 Total liabilities 1426761 17
Business in State of Georgia During 1907
Gross premiums received or risks written or renewed during
the year Fidelity and Surety 1670949 Burglary
20473 total 16914 22
Gross losses paid Fidelity and Surety 671462 Burglary
1250 total 6727 12
THE AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK
S M Phelan President E M Treat Secretary
Home Office 302 Broadway New York City New York
Claude D Moody and J Milton Armstrong Atlanta Agents in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets December 31st
of previous year 2340056 22
Extended at 2340056 22574
ComptbolleeGenebals Repoet
IIIncome
12 Gross premiums unpaid December 31 last year Credit i
13 Gross premiums written and renewed during the year
Credit
14 Total Credit
15 Deduct gross premiums now in course of collection
Credit
16 Entire premiums collected during the year Credit
17 Deduct reinsurance return premiums and cancellations
Credit
18 Total net cash actually received for premiums
22 Interest on bonds and dividends on stock 81336 1
23 Interest on deposit 7 580 98
24 Interest from all other sources 2661 83
76958 97
1446592 94
1523551 91
57212 50
1466339 41
95214 86
1371124 55
26 Total interest
33 Amount of premiums in advance 1908 business
38 Total income
91578 92
525 00
1463228 47
IIIDisbursements
1 Gross amount paid for losses Credit
2 Deduct Salvage and reinsurance Credit
444768 87
32648 84
3 Net amount paid policyholders for losses Credit
4 Investigation and adjustment of claims Credit
13 Total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Credit
19 Stockholders for interest or dividends amount declared
during the year 150000
20 Salaries fees and all other compensation of officers
directors trustees and home office employees
24 Rents
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
36 Gross decrease in book value of ledger assets
412120 03
29631 74
441751 77
372405 99
150000 00
75156 49
21600 11
23106 57
11317 00
22178 01
6475 17
6464 90
147584 52CompteollebGeneeals Eepoet
575
37 All other disbursements
42 Interest and discount
43 Expense account
44 Mercantile agencies
45 Traveling expense
4530 28
4687 20
3178 42
3738 34
Total
16134 24
46 Total disbursements 1294174 77
IVLedger Assets
4 Book value of bonds excluding interest 2193398 38
5 Cash in companys office 818452 deposited in banks
14376050 total 151 945 02
6 Bills receivable 10090 99
7 Other ledger assets viz
8 Premium notes 69813 06
9 Furniture and fixtures 43220 97
10 Agents balances 40641 50
Total
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
19 Gross premiums in course of collection viz
28 On policies or renewals issued subsequent to October 1
Credits
34 Other nonledger assets viz
35 Accounts owned purchased on payment of losses
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable
40 Furniture and fixtures
41 Agents balances
43 Gross premiums in course of collection written subsequent
to October 1 1907
44 Book value of ledger assets over market value viz
45 Bonds
153675 53
2509109 92
14415 00
57212 50
45756 71
2626494 13
10090 99
43220 97
40641 50
17112 50
148720 88
51 Admitted assets 2366707 29
VLiabilities
1 Losses and claims in process of adjustment Credit 14440 44
2 Resisted Credit 9 932 00
13 Net unpaid claims except liability claims
24372 44576
CoMPTEOLLERGrENERAls EePORT
17 Special reserve for credit losses on policies expiring in
October November and December being 50 per cent of
41076060 gross premiums received on said policies
less 1336980 paid during said months on losses under
said policies
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
or less from date of policy 122397378
unearned premiums 50 per cent
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
25 Credit
32 Advance premiums 100 per cent 1908 business
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 1000000 00
44 Surplus over all liabilities 528160 50
192010 50
216382 94
611986 89
9651 96
525 00
838546 79
45 Surplus as regards policyholders 1528160 50
46 Total liabilities 2366707 29
Business in State of Georgia During 1907
45 Gross premiums received on risks written or renewed dur
ing the year 2962 50
CONTINENTAL CASUALTY COMPANY HAMMOND INDIANA
H G B Alexander President W H Betts Secretary
Home Office Hammond Indiana
General Offices Chicago Illinois
William 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 31st of
previous year 1192196 62
Extended at 1192196 62
IIIncome
4 Gross premiums unpaid December 31 last year Accident
62675809 Health 3255902 total 659317 11ComptrollerGenerals Report
577
5 Gross premiums written and renewed during the year
Accident 272842394 Health 44622613 total 3174650 07
6 Total Accident 335518203 Health 47878515 total 3833967 18
7 Deduct gross premiums now in course of collection Ac
cident 57943401 Health 3049653 total 609930 54
8 Entire premiums collected during the year Accident
277574802 Health 44828862 total 3224036 64
9 Deduct reinsurance return premiums and cancellations
Accident 72427111 Health 11790443 total 842175 54
10 Net cash actually received for premiums Accident 2
05147691 Health 33038419 total 2381861 10
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
20 Interest on mortgage loans
21 Interest on collateral loans
22 Interest on bonds and dividends on stock
23 Interest on deposit
24 Interest from all other sources
25 Gross rents from companys property
1381861 10
204163 95
32452 69
2322 81
13952 33
344 23
108 76
3040 00
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz
28 Profit on sale of real estate
32 Prom all other sources viz
33 In suspense
52220 82
694 30
653 64
38 Total income 2639593 81
IIIDisbursements
Accident 92218744
1 Gross amount paid for losses
Health 11806573 total
2 Deduct salvage and reinsurance Accident
1040253 17
2786597
Accident
3 Net amount paid policyholders for losses
89432147 Health 11806573 total
4 Investigation and adjustment of claims Accident 11
95520 Health 182991 total
13785 11
5 Totals Accident 90627667 Health 11989564 total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 52353095 Health 8522596 total 608756 91
18 Policy fees retained by agents 204163 95
19 Stockholders for interest or dividends amount declared
during the year 6000000 60000 00
37cg578
CoMPTBOLLERGrENERAls EePOET
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
24 Rents
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
33 Loss on sale or maturity of ledger assets viz
34 Loss on sale of real estate
37 All other disbursements viz
38 Bank exchange 1647 90
39 General expense 18 704 82
Total
195845 61
204751 73
11621 24
19806 92
153 20
52051 63
19901 33
19009 67
27868 87
21890 93
338 20
20352 72
46 Total disbursements 2 492 685 22
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
erals
4 Book value of bonds excluding interest 31100000 and
book value of stocks 4500000 total
5 Cash in companys office 455350 deposited in banks
13510580 total
6 Bills receivable
7 Other ledger assets viz
8 Cash in hands of treasurer and premiums in transit
9 Furniture and fixtures 40431 41
10 Agents balances 50284 60
Total
58879 76
535113 00
15000 00
356000 00
139659 30
5663 96
138073 18
90716 01
11 Ledger assets 1339105 21
NonLedger Assets
12 Interest due 79200 and accrued 4
74436 on mortgages 5536 36
13 Interest accrued 533084 on bonds 5330 84
17 Market value of real estate over book value
18 Market value of bonds and stocks over book value
10867 20
280 24
1695 00ComptrollebGtenerals Repobt 579
19 Gross premiums in course of collection viz On policies
or renewals issued subsequent to October 1 1907 Acci
dent 57943404 Health 3049650 609930 54
37 Gross assets 1961878 19
Deduct Assets Not Admitted
39 Bills receivable 5663 96
40 Furniture and fixtures 40 431 41
41 Agents balances 50284 60
96379 97
51 Admitted assets 1865498 22
VLiabilities
1 Losses and claims in process of adjustment Accident
1401710 Health 117650 total 15193 60
2 Losses and claims reported proofs not received Acci
dent 11856878 Health 1178445 total 130353 23
3 Losses and claims resisted Accident 3009500 Health
190000 total 31995 00
4 Total losses and claims Accident 16268088 Health
1486088 177541 83
14 Deduct reinsurance on losses and claims reported proofs
not received 3500 resisted 12500 total 16000 00
15 Net unpaid claims except liability claims In process of
adjustment 1519360 reported proofs not received
12685323 resisted 1949500 total 161541 83
19 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 1
83952377 unearned premiums 50 per cent 919761 88
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident 9708814
Health 510990 total 102198 04
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 42700 00
31 Reinsurance 11204 79
32 Advance premiums 100 per cent 2427 50
34 Contingent reserve 50000 00
42 Total amount of all liabilities except capital 1289834 04
43 Capital actually paid up in cash 300000 00
44 Surplus over all liabilities 275664 18
45 Surplus as regards policyholders 575661 18
46 Total liabilities 1865498 22580
ComptrollerGenerals Report
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Accident 334884 Health 163250 total
Gross losses paid Accident 78895 Health 38630 total
4981 34
1175 25
AMERICAN CASUALTY COMPANY READING PENNSYLVANIA
Wm H Yocum President E P Van Reed Secretary
Home Office 15 North Fifth Street Reading Pa
Prank D Melhuish Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
cash 100000 00
2 Amount of ledger assets December 31 of
previous year 167936 86
December 31 of previous year 16793686
3 Extended at 167936 86
IIIncome
1 Gross premiums unpaid December 31 last
year Accident and Health 662902
Liability 593604 Plate Glass 94755
Steam Boiler 92714 Burglary and
Theft 18550 total 14625 25
2 Gross premiums written and renewed dur
ing the year Accident and Health 99
38375 Liability 2558854 Plate
Glass 1176625 Steam Boiler 5
15682 Burglary and Theft 503031
total 146925 67
3 Total 161550 92
4 Deduct gross premiums now in course of
collection Accident and Health 7
26060 Liability 724617 Plate Glass
338930 Steam Boiler 63400 Burg
lary and Theft 55656 total 1908663
5 Entire premiums collected during the
year Accident and Health 9875217
Liability 2427841 Plate Glass 9
32450 Steam Boiler 544996 Burglary
and Theft 465925 total 142464 29CoMPTBOLLEBGrENEBALS RePOBT
581
Deduct reinsurance return premiums and
cancellations Accident and Health
1500096 Liability 891707 Plate
Glass 212550 Steam Boiler 130370
Burglary and Theft 89654 total
2824377
7 Net cash actually received for premiums
Accident and Health 8375121 Liabil
ity 1536134 Plate Glass 719900
Steam Boiler 414626 Burglary and
Theft 376271 total 11422052
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
20 Interest on mortgage loans 3791 03
22 Interest on bonds and dividends on stock
23 Interest on deposit
6314
26 Total interest
34 Commission on bonding
35 Personal accounts
977 90
406 09
Total
38 Total income
IIIDisbursements
1 Gross amount paid for losses Accident and Health
4649030 Liability 177965 Plate Glass 158712
Burglary and Theft 121064 total I
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and Health 2206901 Liability
229715 Plate Glass 207390 Steam Boiler 75452
Burglary and Theft 68683 total
18 Policy fees retained by agents
19 Stockholders for interest or dividends amount declared
during the year 600000
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and 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
29 Advertising printing and stationery
31 Postage and express
32 Furniture and fixtures
38 Sundry office expense
46 Total disbursements
114220 52
18280 00
6419 15
1383 99
140303 66
51067 71
27881 41
18280 00
6000 00
10250 30
9761 24
38 00
190 49
1467 00
2519 08
2750 24
1241 63
363 22
2194 58
134004 90
582
ComptbollekGenerals Eepokt
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
5 Deposed in banks
6 Bills receivable
11 Ledger assets
NonLedger Assets
12 Interest due 5000 and accrued 86689
on mortgages
13 Interest accrued 62170 on bonds
916 89
621 70
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Accident
635963 Liability 207567 Plate Glass 300993
Steam Boiler 53800 Burglary and Theft 43356
total
20 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907 Accident
90097 Liability 517050 Plate Glass 37937 Steam
Boiler 9600 Burglary and Theft 12300 total
34 Other nonledger assets viz Personal accounts
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable
40 Furniture and fixtures
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value viz Bonds
1209 12
363 22
6669 84
142 34
51 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Accident
and Health
d
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 59
02040 unearned premiums 50 per cent
75650 00
74717 34
22659 16
1209 12
174235 62
1538 59
12416 7
6669 84
51 25
194912 09
8384 52
186527 57
8500 00
1500 00
10000 00
29510 20ComptrolleeGeneeals Report
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident and Health
218296 Liability 34553 Plate Glass 94639
Steam Boiler 13574 Burglary and Theft 11736
total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 100000 00
44 Surplus over all liabilities 42773 83
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Accident and Health 21165 Liability
21250 Plate Glass 2363 total I
Gross losses paid Accident and Health 33705 Liability
1000 Plate Glass 7885 total
583
3727 98
515 56
43753 74
142773 83
186527 57
447 78
425 90
AMERICAN SURETY COMPANY OP NEW YORK
Henry D Lyman President H B Zevely Secretary
Home Office 100 Broadway New York City N Y
Marion M Jackson Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 2500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6383229 80
Extended at 6383229 80
IIIncome
1 Gross premiums unpaid December 31 last year Fidelity
5950278 Surety 23109772 total 29060050
2 Gross premiums written and renewed during the year
Fidelity 107876343 Surety 140029280 total 2479056 23
3 Total Fidelity 113826621 Surety 163139052 2769656 73584
ComptrollerGenerals Report
4 Deduct gross premiums now in course of collection
Fidelity 7284948 Surety 24041471 total
5 Entire premiums collected during the year Fidelity
106541673 Surety 139097581 total
6 Deduct reinsurance return premiums and cancellations
Fidelity 14635226 Surety 31138852 total
7 Net cash actually received for premiums Fidelity 919
06447 Surety 107958729 total
22 Gross interest on bones and dividends on
stock
23 Gross interest on deposits
24 Gross interest from all other sources
25 Gross rents from companys property in
cluding 3840000 for companys occu
pancy of its own buildings 349 qqq qi
313264 19
2456392 54
457740 78
1998651 76
115989 72
15429 21
128 48
26 Total gross interest and rents
28 Gross profit on sale or maturity of ledger assets
Bonds
30 From other sources Premiums paid in advance December
31 1907 2580620 premiums paid in advance Decem
ber 31 1906 1824600 total
33 Bills payablediscounted
481213 42
140 00
7560 20
100000 00
36 Total income
2587565 38
IIIDisbursements
1 Gross amount paid for losses Fidelity 37504508
Surety 78539813 total
2 Deduct salvage and reinsurance Fidelity 13997130
Surety 16530662 total
3 Net amount paid policyholders for losses Fidelity 235
07378 Surety 62009151 total
4 Investigation and adjustment of claims
1160443 21
305277 92
85516529
31579 35
5 Total Fidelity 26665313 Surety 62009151
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 5460198 Surety 10401884 total
19 Stockholders for interest or dividends amount declared
during the year 20000000
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
886744 64
158620 82
200000 00
306251 60
431094 88CoMPTBOLLEBG ENEBAL s RePOET
585
23 Inspections 11338 27
24 Eents including 3840000 for companys occupancy of
its own buildings 40791 68
25 Bepairs and expenses other than taxes on real estate
including rent of building leased for 99 years 160731 51
26 Taxes on real estate 65637 27
27 All other taxes licenses and Insurance Department fees 50193 44
28 Legal expenses 1178 20
29 Advertising 21071 67
30 Printing and stationery 44051 64
31 Postage telegraph telephone and express 25319 00
32 Furniture and fixtures 11080 80
33 Gross loss on sale or maturity or ledger assets viz
Bonds 158586 stocks 433250 total 5918 36
35 All other disbursements General miscellaneous expenses 29609 08
37 Checks of other parties in process of collection December
31 1906cashed 96704 interest 75206 total 1719 10
41 Total disbursements 2451351 96
IVLedger Assets
1 Book value of real estate unincumbered 3156337 64
4 Book value of bonds excluding interest 177517024
and book value of stocks 102581125 2800981 49
5 Cash in companys office 4240 04
6 Deposited in trust companies and banks on interest 472304 15
7 Deposited in trust companies and banks not on interest 85579 90
13 Ledger assets 6519443 22
NonLedger Assets
15 Interest accrued 877666 on bonds in
terest accrued 512500 on other assets
total 13901 66
18 Eents due 795418 and accrued 3
67500 on companys property or lease 11629 18
25530 84
81 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Fidelity
6585472 Surety 13086318 total 196717 90
22 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907 Fidelity 6
99476 Surety 10955153 total 313264 19
6858238 25
39 Gross assets 586
ComptrollerGenerals Eepokt

Deduct Assets Not Admitted
45 Gross premiums in course of collection
written prior to October 1 1907
46 Book value of ledger assets over market
value viz as of December 31 1907
Stocks and bonds
116546 29
367089 58
483635 87
53 Admitted assets g
VLiabilities
1 Losses and claims in process of adjustment Fidelity
4191979 Surety 1706475 total
2 Losses and claims reported proofs not re
ceived Fidelity 14418356 Surety 12789558 total
3 Losses and claims resisted Fidelity 2336168 Surety
14944360 total
4 Total losses and claims Fidelity 20946503 Surety
29440393
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 203359918
unearned premiums 50 per cent 1016799 59
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 192465
60 unearned premiums pro rata HO 146 52
374602 38
58984 54
272079 14
17280528
503868 96
21 Total unearned premiums as shown by recapitulation
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Fidelity 195630
Surety 613715 total
26 Salaries rents expenses bills accounts fees etc due
or accrued
27 State county and municipal taxes due or accrued
29 Due and to become due for borrowed money
33 Advance premiums 100 per cent
34 Other liabilities viz Checks of other parties in process
of collection 134214 Munich Reinsurance Company
167187 total
43 Total amount of all labilities except capital 1806 065 78
44 Capital actually paid up in cash 2500000 00
45 Surplus over all liabilities 2 068 536 60
1126946 11
8093 45
12500 00
25837 05
100000 00
25806 20
3014 01
46 Surplus as regards policyholders 4 568 536 60
47 Total liabilities 6374602 38ComptrollerGenerals Report
587
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Fidelity 752359 Surety 848205 total
Gross losses paid Fidelity 56528 Surety 458435 total
16005 64
5149 63
EMPIRE STATE SURETY COMPANY NEW YORK
William M Tomlins Jr President Daniel Stewart Secretary
Home Office 192 Montague St Borough of Brooklyn N Y
T A Hammond Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1229703 38
3 Decrease of paidup capital during the year by transfer
to surplus 25000000
Extended at 1229703 38
IIIncome
1 Gross premiums unpaid December 31st last year Acci
dent 943713 Health 216372 Liability 7958234
Fidelity 713486 Surety 9029826 Plate Glass 14
82755 Steam Boiler 143025 Burglary and Theft
1358371 Sprinkler 20077 total
2 Gross premiums written and renewed during the year
Accident 7653350 Health 2165134 Liability
35655894 Fidelity 7018317 Surety 27412192
Plate Glass 10371927 Steam Boiler 623627 Burg
lary and Theft 9770178 Sprinkler 188700 total
218658 59
1008593 28
3 Total Accident 8597072 Health 2381506 Liabil
ity 43614128 Fidelity 7731803 Surety 36442018
Plate Glass 11854682 Steam Boiler 766652 Burg
lary and Theft 11128549 Sprinkler 208777 total 1227251 87
4 Deduct gross premiums now in course of collection Acci
dent 864161 Health 308143 Liability 5502103
Fidelity 1107021 Surety 11772017 Plate Glass
1675163 Steam Boiler 68863 Burglary and Theft
1835237 Sprinkler 8625 total 231413 33
5 Entire premiums collected during the year Accident
7732911 Health 2073363 Liability 38112025
Fidelity 6624782 Surety 24670001 Plate Glass
10179519 Steam Boiler 697789 Burglary and
Theft 9293312 Sprinkler 200152 total 995838 54588
ComptbollebGenebals Repoet
6 Deduct reinsurance return premiums and cancellations
Accident 2904171 Health 674728 Liability 80
59887 Fidelity 1193755 Surety 5612449 Plate
Glass 3490021 Steam Boiler 220519 Burglary and
Theft 3849174 Sprinkler 56418 totals
7 Net cash actually received for premiums Accident
4828740 Health 1398635 Liability 30052138
Fidelity 5431027 Surety 19057552 Plate Glass
6689498 Steam Boiler 477270 Burglary and Theft
5444138 Sprinkler 143734 total
20 Interest on mortgage loans 8 917 74
22 Interest on bonds and dividends on stock 30419 31
23 Interest on deposit 3 153 43
24 Interest from all other sources 702 97
25 Gross rents from companys property 102 50
26 Total interest and rents
38 Total income
260611 22
735227 32
43296 00
778523 32
II IDisbursements
2
Gross amount paid for losses Accident 1072069
Health 505460 Liability 6733707 Fidelity 9
00960 Surety 23217922 Plate Glass 3714203
Burglary and Theft 2513058 Sprinkler 42041
total
Deduct salvage and reinsurance Accident 50357
Health 15000 Liability 11750 Fidelity 661581
Surety 17084309 Plate Glass 3519 Burglary and
Theft 346076 total
386994 20
181725 92
3 Net amount paid policyholders for losses Accident
1021712 Health 490460 Liability 6721957 Fi
delity 239379 Surety 6133613 Plate Glass 37
10684 Burglary and Theft 2166982 Sprinkler 420
41 totaI 205268 28
4 Investigation and adjustment of claims Accident 1
64648 Health 49637 Liability 3046088 Fidelity
361221 Surety 604216 Plate Glass 3002 Burg
lary and Theft 167152 Sprinkler 1270 total 43972 34
5 Totals Accident 1186360 Health 540097 Liabil
ity 9768045 Fidelity 600600 Surety 6737829
Plate Glass 3713686 Burglary and Theft 2334134
Sprinkler 43311 total 249 240 62ComptrollerGenerals Eeport
589
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident 1769507 Health 364825 Liability 92
54582 Fidelity 1155833 Surety 4775357 Plate
Glass 2452964 Steam boiler 130024 Burglary and
Theft 1771129 Sprinkler 43212 total 217174 33
19 Stockholders for interest or dividends amount declared
during the year 5250000 52500 00
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 89689 53
21 Salaries traveling and all other expenses of agents not
paid by commissions 56284 31
23 Inspections other than medical 3138 48
24Rents 27920 38
25 Repairs and expenses other than taxes on real estate 1165 27
27 All other taxes licenses and insurance department fees 14741 78
28 Legal expenses 3729 66
5 794 27
29 Advertising
30 Printing and Stationery 10171 85
31 Postage and express 10735 31
32 Furniture and fixtures 3707 10
33 Loss on sale or maturity of ledger assets viz
34 Bonds 71 32
35 Stocks 2205 50
Total 291582
37 All other disbursements viz
38 Interest and exchange I42
39 Traveling 7609 89
40 Miscellaneous 19891 84
41 Profit and loss agents balances 6512 32
42 Liabilities 1905 taken off statement 1906
and now adjusted 1805 32
Total 35962 36
46 Total disbursements 784801 13
IVLedger Assets
1 Book value of real estate unincumbered 53250 76
2 Mortgage loans on real estate first liens 225266 15
4 Book value of bonds excluding interest 54319515 and
book value of stocks 14592500 689120 15
5 Cash in companys office 1096127 deposited in banks
15748762 total 168448 89
6 Bills receivable 2987 71
Other ledger assets 84351 91
11 Total assets L223425 57590 ComptrollerGenerals Eepoet
NonLedger Assets
7 Other Ledger Assets Accounts receivable 49338 ad
vanced on contracts fully secured 3690035 cash in
hands of agents 2358052 rents paid in advance 1
33333 deposit with city treasurer Albany N Y 10
04433 deposit with court cmmn pleas Ravenna O
1200000 total M
12 Interest on mortgages 2 865 51
13 Interest on bonds g qjo g7
Tta1 788208
17 Market value of real estate over book value 8 399 24
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
Accident 756616 Health 285618 Liability 49
90795 Fidelity 694417 Surety 8133854 Plate
Glass 1600014 Steam Boiler 65213 Burglary and
Theft 1781921 Sprinkler 8625 total 183170 73
21 On policies or renewals issued prior to October 1 Acci
dent 107545 Health 22525 Liability 511308
Fidelity 412604 Surety 3638163 Plate Glass
75149 Steam boiler 3650 Burglary and Theft
53316 total 48242 60
ta1 231413 33
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable n
43 Gross premiums in course of collection written prior to
Ct0ber 48242 60
4 Book value of ledger assets over market value viz
45 Bonds 53495 15
46 Stocks 67150 00
47 Deposit in Borough Bank 25 per cent
disallowed by N Y Ins Dept 7841 29
48 Deposit in Brooklyn Bank 10 per cent
disallowed by N Y Ins Dept 3136 52
49 Deposit in Jenkins Trust Co 10 per cent
disallowed by N Y Ins Dept 863 21
50 Deposit in Williamsburgh Trust Co 10
per cent disallowed by N Y Ins Dept 2937 05
Tta1 135423 22 186653 53
51 Admitted assets 1284466 69ComptrollerGeneral s Keport
591
VLiabilities
1 Losses and claims adjusted Accident 100070 Health
38211 Fidelity 64140 Surety 101199 Plate Glass
381310 Burglary and Theft 122791 total 8077 21
2 In process of adjustment Accident 195886 Health
91216 Fidelity 78231 Surety 231532 Burglary
and Theft 223419 total 8202 84
3 Reported proofs not received Accident 833139
Health 1712 Fidelity 1352941 Surety 8060483
Burglary and Theft 156770 total104050 45
4 Resisted Accident 10000 Health 15000 Fidelity
564590 Surety 2346824 Burglary and Theft 1
00000 total 30364 14
5 Totals Accident 1139095 Health 146139 Fidelity
2059902 Surety 10740038 Plate Glass 381310
Burglary and Theft 602980 total
14 Deduct reinsurance
15 Net unpaid claims except liability claims
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 57059492 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 125
76160 unearned premiums pro rata
150694 64
663 00
150031 64
26918 25
176949 89
285297 46
66681 03
21 Total unearned premiums 351978 49
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
23 Accident 277225 Health 74518 Liability 1536667
Fidelity 147772 Surety 2038344 Plate Glass 5
86725 Steam Boiler 17764 Burglary and Theft 5
79659 Sprinkler 2593 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance
33 Other liabilities viz
34 Co Insurance premiums due other companies
42 Total amount of all liabilities except capital 601883 86
52612 67
14893 67
2295 01
3154 13592
CompteolleeGenerals Eepoet
43 Capial actually paid up in cash
44 Surplus over all liabilities
500000 00
182582 83
45 Surplus as regards policyholders 682 582 83
46 Total liabilities 1284466 69
Business in State of Georgia During 1907
37 Gross premiums received on risks written or renewed
during the year Accident 157905 Health 67843
Liability 75317 Fidelity 18596 Surety 150 Plate
Glass 68609 Steam Boiler 18 Burglary and Theft
12966 total 4180 36
38 Gross losses paid Accident 7857 Health 38571
Surety 20869 Burglary and Theft 230 total 902 97
THE EMPLOYERS INDEMNITY COMPANY OF PHILADELPHIA
PENNSYLVANIA
Frank R Tobey President Trevanion B Dallas Secretary
Home Office West End Trust Bldg Broad and South Penn Square
Philadelphia Pennsylvania
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets December 31 of
previous year 370901 69
Extended at 370901 6
IIIncome
4 Gross premiums unpaid December 31 yast year Acci
dent 3750 Liability 4450530 total 44542 80
5 Gross premiums written and renewed during the year
Liability
369104 74
6 Total Accident 3750 Liability 41361004 total 413647 54
7 Deduct gross premiums now in course of collection Ac
Cident 74957 85
8 Entire premiums collected during the year Accident
3750 Liability 33865219 total 338 689 69
9 Deduct reinsurance return premiums and cancellations
LiabiHt 74098 38ComptrollerGenerals Report
593
10 Net cash actually received for premiums Accident
3750 Liability 26455381 total 264591 31
18 Total net cash actually received for premiums 264591 31
20 Interest on mortgage loans 1696 77
22 Interest on bonds and dividends on stock 14786 43
23 Interest on deposit 202 48
26 Total interest 16685 68
32 From all other sources viz
33 Gross increase in book value of bonds 574 14
38 Total income 281851 13
IIIDisbursements
1 Gross amount paid for losses Accident 100 Liability
8433736 total 84437 36
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Liability 46806 19
19 Stockholders for interest or dividends amount declared
during the year 600000 6000 00
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 37902 87
22 Medical examiners fees and salaries 606 00
23 Inspections other than medical 310 35
24 Rents including 304968 for companys occupancy of its
own buildings 3049 68
27 All other taxes licenses and insurance department fees 8424 29
28 Legal expenses 17039 25
29 Advertising printing and stationery 2969 05
31 Postage express and general expenses 6945 10
32 Furniture and fixtures 1299 97
37 All other disbursements viz
38 Gross decrease in book value of bonds 387 09
39 Gross decrease in book value of furniture
and fixtures 407 02
40 Traveling expenses 4525 64
Total 5319 75
46 Total disbursements 2li109 86
IVLedger Assets
2 Mortgage loans on real estate first liens 24600 00
4 Book value of bonds excluding interest 35233360 and
book value of stocks 38475 75 total 390809 35
38cg594 ComptrollerGenerals Beport
5 Cash in companys office 154932 deposited in banks
1460442 total 16153 74
6 Bills receivable 79 87
11 Ledger assets 431642 96
NonLedger Assets
12 Interest due 130 and accrued 33677
on mortgages 466 77
13 Interest accrued on bonds 4626 14
15 Interest accrued on other assets 607 00
Total 5699 91
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1907 Liability 51954 73
On policies or renewals issued prior to October 1 1907
Liability 23003 12
34 Other nonledger assets viz
35 Furniture and fixtures 2344 39
37 Gross assets 514645 11
Deduct Assets Not Admitted
39 Bills receivable 79 87
40 Furniture and fixtures 2344 39
43 Gross premiums in course of collection
written prior to October 1 1907 23003 12
44 Book value of ledger assets over market
value 30957 85
Total 56385 23
51 Admitted assets 458259 88
VLiabilities
16 Special reserve for estimated amount of unpaid liabil
ity claims 25725 00
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 23747951 un
earned premiums 50 per cent 118739 75
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1858000
unearned premiums pro rata 9316 20
21 Total unearned premiums 128055 95ComptrolleeGeneeal s Repobt
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Liability
26 Salaries rents expenses taxes bills accounts fees etc
due
32 Advance premiums 100 per cent
33 Other liabilities viz
34 Special contingent reserve
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 100000 00
44 Surplus over all liabilities 172957 10
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year
Gross losses paid
595
9807 86
6353 97
360 00
15000 00
185302 78
272957 10
458259 88
746 50
258 00
UNITED STATES BEANCH OF THE EMPLOYERS LIABILITY ASSUR
ANCE CORPORATION LTD OF LONDON ENGLAND
Lord Claud Hamilton Chairman S Stanley Brown Esq Secretary
Home Office U S Branch 33 Broad St Boston Mass
William W Cunningham Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 3516531 48
Extended at 3516531 48
IIIncome
4 Gross premiums unpaid December 31 last year Acci
dent 4840733 Health 302209 Liability 419005
75 Fidelity 614007 Burglary and Theft 646806
total 483043 30
5 Gross premiums written and renewed during the year
Accident 28542668 4866875 Liability 3025737
61 Fidelity 10538046 Steam Boiler 450616 Burg
lary and Theft 6664021 total 3536359 87
6 Totals Accident 33383401 Health 5169084 Liabil
ity 344474336 Fidelity 11152053 Steam Boiler
450616 Burglary and Theft 7310827 total 4019403 17596
ComptrollerGeneeais Keport
7 Deduct gross premiums now in course of collection Ac
cident 5369133 Health 305064 Liability 525
93100 Fidelity 1403296 Burglary and Theft 13
42284 total 610128 77
8 Entire premiums collected during the year Accident
280142 68 Health 4864020 Liability 291881236
Fidelity 9748757 Steam Boiler 450616 Burglary
and Theft 5968543 total 3409274 40
9 Deduct reinsurance return premiums and cancellations
Accident 4754449 Health 984494 Liability 348
36884 Fidelity 2414692 Steam Boiler 22500 Burg
lary and Theft 932781 total 439458 00
10 Net cash actually received for premiums Accident
23259819 Health 3879526 Liability 257044352
Fidelity 7334065 Steam Boiler 428116 Burglary
and Theft 5035762 total 2969816 40
18 Total net cash actually received for premiums 2969816 40
22 Interest on bonds and dividends on stock 122379 11
23 Interest on deposit 1748 79
26 Total interest 124127 90
27 Profit on sale or maturity of ledger assets 659 16
38 Total income 3094603 46
IIIDisbursements
1 Gross amount paid for losses Accident 10819357
Health 1046691 Liability 92960506 Fidelity 19
38270 Burglary and Theft 928609 total 1076934 33
2 Deduct salvage and reinsurance Accident 22304
Liability 12500 total 348 04
3 Net amount paid policy holders for losses Accident
10797053 Health 1046691 Liability 92948006
Fidelity 1938270 Burglary and Theft 928609 total 1076586 29
4 Investigation and adjustment of claims Accident 3
85050 Health 6105 Liability 21388057 Fidelity
198671 Burglary and Theft 17904 total 219957 87
5 Totals Accident 11182103 Health 1052796 Liabil
ity 114336063 Fidelity 2136941 Burglary and
Theft 946513 total 1296544 16
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 8918673 Health 143021 Liability 693
24869 Fidelity 1433028 Steam Boiler 79213
Burglary and Theft 1292748 total 811921 52ComptrollekGenerals Report 597
19 Remitted to head office 259181 14
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 72027 93
21 Salaries traveling and all other expenses of agents not
paid by commissions 24206 37
23 Inspections other than medical 38022 06
24 Rents 30451 78
27 All other taxes licenses and insurance department fees 56922 40
28 Legal expenses 3858 77
29 Advertising 9808 92
30 Printing and stationery 23433 98
31 Postage and express 18266 71
32 Furniture and fixtures 3173 81
33 Loss on sale or maturity of ledger assets 69 00
37 All other disbursements viz
38 Bad Debt 4575 76
46 Total disbursements 2652464 31
IVLedger Assets
4 Book value of bonds excluding interest 3930786 68
5 Cash in companys office 3300 00
6 Bills receivable 1544 04
7 Other ledger assets viz
8 Cash deposited with Trustees with Kidder Peabody Co 23039 91
11 Ledger assets 3958670 63
NonLedger Assets
13 Interest on bonds 47918 07
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1907 Accident 4888414 Health 303814 Liability
48840164 Fidelity 1393451 Burglary and Theft
1334234 total 567600 77
21 On policies or renewals issued prior to October 1 1907
Accident 480719 Health 1250 Liability 37529
36 Fidelity 9845 Burglary and Theft 8050 total 42528 00
Total 610128 77
37 Gorss assets 4616717 47
Deduct Assets Not Admitted
43 Gross premiums in course of collection written prior to
October 1 1907 42528 00
44 Book value of ledger assets over market value viz
45 Bonds 258186 68
51 Admitted Assets 4316002 79598
ComptrollerGenerals Report
VLiabilities
1 Losses and claims in process of adjustment Accident
13600 Health 2720 Fidelity 18320 Burglary and
Theft 1695 total 36335 00
2 Resisted Accident 5060 Fidelity 3605 total 8665 00
3 Totals Accident 18660 Health 2720 Fidelity 21
925 Burglary and Theft 1695 total 45000 00
16 Special reserve for unpaid liability losses 1380817 04
18 Total unpaid claims and expenses of settlement 1425817 04
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 234726283
unearned premiums 50 per cent 1173631 40
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 295502
26 unearned premiums pro rata 151788 47
21 Total unearned premiums 1325419 87
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
23 Accident 1696641 Health 111055 Liability 133
35327 Fidelity 363637 Steam Boiler 33185 Burg
lary and Theft 389528 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
159293 73
50000 00
42 Total amount of all liabilities except capital 2960530 64
43 Capital actually paid up in cash statutory
deposit 250000 00
44 Surplus over all liabilities 1105472 15
45 Surplus as regards policyholders 1355472 15
46 Total liabilities 4316002 79
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 686143 Health 283509
Liability 1253728 Fidelity 56952 Burglary and
Theft 558 total 23361 32
Gross losses paid Accident 12024 33 Health 95985
Liability 338934 Burglary and Theft 252 total 16625 52ComptrollerGenerals Eeport 599
THE FIDELITY CASUALTY COMPANY OF NEW YORK
George F Seward President Robert J Hillas Secretary
Home Office 97 to 103 Cedar Street New York City
Eugene Oberdorfer Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets December 31 of
previous year 6669503 71
Extended at 6669503 71
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent 18443436 Health 19224933 Liability 299
06616 Fidelity 2926748 Plate Glass 5026161
Steam Boiler 6746867 Burglary and Theft 69538
54 Fly Wheel 1066528 total 902951 43
2 Gross premiums written and renewed during the year
Accident 260302789 Health 132344999 Liability
231728375 40183022 Plate Glass 41917244
Steam Boiler 51004395 Burglary and Theft 769
67774 Fly Wheel 9507229 total 8439558 27
3 Total Accident 278746225 Health 151569932
Liability 261634991 Fidelity 43109770 Plate
Glass 46943405 Steam Boiler 57751262 Burglary
and Theft 83921628 Fly Wheel 10573757 total 9342509 70
4 Deduct gross premiums now in course of collection Ac
cident 22118662 Health 24596819 Liability 326
43314 Fidelity 3766196 Plate Glass 5512138
Steam Boiler 51367785 Burglary and Theft 25901
26 Fly Wheel 1596361 total 1054484 93
5 Entire premiums collected during the year Accident
256627563 Health 126973113 Liability 2289
91677 Fidelity 39343574 Plate Glass 41431267
Steam Boiler 51367785 Burglary and Theft 25901
02 Fly Wheel 8977396 total 8288024 77
6 Deduct reinsurance return premiums and cancellations
Accident 86318751 Health 39205091 Liability
34929803 Fidelity 8305952 Plate Glass 6905523
Steam Boiler 16337258 Burglary and Theft 169
71595 Fly Wheel 1678276 total 2106522 49600
COMPTKOLLEBGrENERAls EePOET
7 Net cash actually received for premiums Accident 1
70308812 87768022 194061874 Fidelity 310
37622 Plate Glass 34525744 Steam Boiler350305
27 Burglary and Theft 58118507 Fly Wheel 72
99120 total
18 Total net cash actually received for premiums
21 Gross interest on collateral loans
22 Gross interest on bonds and dividends on stocks
23 Gross interest on deposits
24 Gross interest from all other sources
25 Gross rents from companys property including 57
22127 for companys occupancy of its own buildings
26 Total gross interest and rents
28 Gross profit on sale or maturity of ledger assets
Bonds
31 Premiums paid in advance
32 Unearned premiums held under contract
with Munich Reinsurance Company
33 Fidelity Insurance Fund subscriptions
from agents and employes
34 Suspense account
35 All other
6181502 28
6181502 28
1763 59
255030 24
805 41
586 55
77530 77
335716 56
44 06
9497 66
6290 45
1207 34
951 39
1326 09
Total
19272 93
36 Total income
6536535 83
IIIDisbursements
1 Gross amount paid for losses Accident 91997459
Health 40226881 Liability 95355387 Fidelity
10820604 Plate Glass 14104322 Steam Boiler 36
73055 Burglary and Theft 17853754 Fly Wheel
1824516 total 2758559 78
2 Deduct salvage and reinsurance Accident 7226354
Health 10178 Liability 1050411 Fidelity 46
48260 Plate Glass 500648 Steam Boiler 503772
Burglary and Theft 613306 Fly Wheel 12932
total
145658 61
3 Net amount paid policyholders for losses Accident
84771105 Health 40216703 Liability 94304976
Fidelity 6172344 Plate Glass 13603674 Steam
Boiler 3169283 Burglary and Theft 172404 48 Fly
Wheel 1811584 total 2il2fi01 ComptrollerGenerals Eepoet
601
4 Investigation and adjustment of claims Accident 56
51370 Health 2524329 Liability 18156572 Fidel
ity 1373603 Plate Glass 1155875 Steam Boiler
4 28692 Burglary and Theft 2289609 Fly Wheel
60769 total 31640819
5 Totals Accident 90422475 Health 42741032 Liabil
ity 112461548 Fidelity 7545947 Plate Glass
14759549 Steam Boiler 3597975 Burglary and
Theft 19530057 Fly Wheel 1872353 total 2929309 36
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 58484008 Health 29818566 Liability
43552762 Fidelity 5206711 Plate Glass 106640
28 Steam Boiler 8013183 Burglary and Theft 140
36435 Fly Wheel 1325982 total 1711016 75
19 Stockholders for interest or dividends amount declared
during the year 15000000 150000 00
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 429834 45
21 Salaries traveling and all other expenses of agents not
paid by commissions 361068 40
22 Medical examiners fees and salaries 5819 84
23 Inspections other than medical 208127 08
24 Rents 9559455 including 5722127 for companys oc
cupancy of its own buildings less 1884816 included
in items 1 to 13 and 2952856 included in item 21 47217 83
25 Repairs and expenses other than taxes on real estate 36795 15
26 Taxes on real estate 14951 20
27 All other taxes licenses and insurance department fees 108668 23
28 Legal expenses 8985 57
29 Advertising 22715 90
qa 4QO 03
30 Printing and stationery os
31 Postage telegraph telephone and express 34707 63
32 Furniture and fixtures 8565 81
35 All other disbursements viz
36 Exchange and collection fees 3267 30
37 Profit and loss 625 34
38 Sundry expenses 40766 45
Total Ulll
41 Total disbursements 6198934 32
IVLedger Assets
1 Book value of real estate unincumbered 970499 58
4 Book value of bonds excluding interest 264962073
and book value of stocks 320274286 total 5852363 59
5 Cash in companys office 16394602
ComptrollerGenerals Eeport
6 Deposited in trust companies and banks on interest 36253 26
7 Deposited in trust companies and banks not on interest 90425 61
10 Agents balances and sundry ledger assets 41 168 57
13 Ledger assets 7007105 22
NonLedger Assets
15 Interest accrued on bonds
17 Interest accrued on other assets
18 Rents accrued on companys property or
lease
Total
8071 22
14 34
1485 00
81 Gross premiums in course of collection viz
1 On policies or renewals issued subsequent to October 1
1907 Accident 19292032 Health 22609574 Liabil
ity 25961988 Fidelity 2944312 Plate Glass 50
48792 Steam Boiler 5967685 Burglary and Theft
8034373 Fly Wheel 1510733 total
2 On policies or renewals issued prior to October 1 1907
Accident 2826630 Health 1987245 Liability 66
81326 Fidelity 821884 Plate Glass 463346 Steam
Boiler 415792 Burglary and Theft 797153 Fly
Wheel 85628 total
Total
36 Other nonledger assets viz
37 Reserve held for account Munich Reinsur
ance Co 45896 13
38 Furniture and fixtures etc insured for
158850 75 000 00
9570 56
913694 89
140790 04
1054484 93
Total
39 Gross assets
Deduct Assets Not Admitted
42 Furniture and fixtures
45 Gross premiums in course of collection written prior to
October 1 1907
47 Bonds and stocks 588600 84
48 Agents balances and sundry ledger ac
counts 41168 57
49 Munich reserve 45 896 13
120896 13
8192056 84
75000 00
140790 04
Total
675665 54
Tota1 891455 58
53 Admitted assets
7300601 26ComptrollerGenerals Eeport
603
VLiabilities
1 Losses and claims in process of adjustment Accident
18200933 Health 1710000 Fidelity 5074966
Plate Glass 1272187 Steam Boiler 1556200 Burg
lary and Theft 4513400 total
2 Reported proofs not received Accident 31080 Health
3200000 total
3 Resisted Accident 6313767 Fidelity 929928 Plate
Glass 80000 Steam boiler 600 Burglary and Theft
1082000 Fly Wheel 750000 total
4 Total Accident 276227 Health 4910000 Fidelity
6004894 Plate Glass 1352187 Steam Boiler 16
162 Burglary and Theft 55954 Fly Wheel 750000
total
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 580705313
unearned premiums 50 per cent 2903526 56
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1056
57692 unearned premiums pro rata
323276 86
63080 00
92156 95
478513 81
1207173 86
1685687 67
552510 20
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 6622955 Health 7687255 Liability 58
15485 Fidelity 494056 Plate Glass 1553008
SteamBoiler 1363019 Burglary and Theft 19250
36 Fly Wheel 274198 total
26 Salaries rents expenses bills accounts fees etc due
or accrued
27 State county and municipal taxes due or accrued
32 Reinsurance
33 Advance premiums 100 per cent
34 Other liabilities viz
35 Fidelity insurance fund subscriptions
from agents and employees
36 Reinsurance due Munich Reinsurance Co
37 Suspense account
38 All other
3456036 76
257350 12
27760 83
75990 62
12454 57
24857 52
8582 16
45896 13
2892 55
17 79 36
Total
59150 20
43 Total amount of all liabilities except capital
5599288 28604
CompteollebGtenebals Eepoet
44 Capital actually paid up in cash i 000
45 Surplus over all liabilities
000 00
701312 97
46 Surplus as regards polieyholders 1 701 312 97
7300601 26
93495 14
47 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 4333676 Health 2010753
Liability 1032470 Fidelity 102965 Plate Glass
443157 Steam Boiler 727192 Burglary and Theft
521123 Fly Wheel 178178 total
Gross losses paid Accident 3601036 Health 11019 89
Liability 452328 Plate Glass 113930 Steam Boil
er 286655 Burglary and Theft 14450 Fly Wheel
189299 total g
FIDELITY AND DEPOSIT COMPANY OF BALTIMORE MARYLAND
Edwin Warfield President Harry Nicodemus Secretary
Home Office Northwest Corner Charles and Lexington Streets
Baltimore Maryland
Aaron Haas Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in eash 2000000 00
2 Amount of ledger assets December 31 of
previous year 6i03396 64
Extended at
6103396 64
IIIncome
1 Gross premiums unpaid December 31 last year Fidelity
4543260 Surety 6635028 total ni 782 88
2 Gross premiums written and renewed during the year
Fidelity 132643691 Surety 32342611 total l649 863 02
3 Total Fidelity 137186951 Surety 38977639 total 1761 645 90
4 Deduct gross premiums now in course of collection Fi
delity 8654291 Surety 7594410 total 162 487 01
5 Entire premiums collected during the year Fidelity
28532660 Surety 31383229 total
6 Deduct reinsurance return premiums and cancellations
Fidelity 15067438 Surety 1359138 total i64265 76
1599158 89
7 Net cash actually received for premiums Fidelity 1
13465222 Surety 30024091 total 1434 893 13ComptrollebGenekals Bepobt
605
18 Total net cash actually received for premiums
21 Gross interest on collateral loans
22 Gross interest on bonds and dividends on stocks
23 Gross interest on deposits
24 Gross interest from all other sources
25 Gross rents from companys property including 12000
for companys occupancy of its own buildings
26 Total gross interest and rents
28 Gross profit on sale or maturity of ledger assets viz
Bonds
29 Gross increase in book value of ledger assets viz
Stocks
31 Commissions and fees
32 Items recovered charged against undi
vided profits in previous years
2538 00
336 00
Total
36 Total income
1434893 13
3115 82
196343 78
1565 13
610 60
57798 69
259434 02
123 00
5000 00
2874 00
IIIDisbursements
1 Gross amount paid for losses
Surety 19201497 total
2 Deduct salvage and reinsurance
Surety 1936692 total
Fidelity 67218469
i
Fidelity 4428156
3 Net amount paid policyholders for losses Fidelity
62790313 Surety 17264805 totali
4 Investigation and adjustment of claims Fidelity 20
86862 Surety 736980 total
864199 66
63648 48
800551 18
28238 42
5 Totals Fidelity 64877175 Surety 18001785 total 828789 60
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Fidelity 28926344 Surety 7995302 total
19 Stockholders for interest or dividends amount declared
during the year 28000000
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
23 Inspections other than medical
24 Eents including 1200000 for companys occupancy of
its own buildings
25 Eepairs and expenses other than taxes on real estate
26 Taxes on real estate
369216 46
280000 00
169693 33
36358 37
25546 24
12000 00
19675 60
18038 75606 ComptrollerGenerals Eeport
27 All other taxes licenses and Insurance Department fees 71038 96
28 Legal expenses 39 374 Q3
29 Advertising 6609 22
30 Printing and stationery 10 797 60
31 Postage telegraph telephone and express 14 690 29
32 Furniture and fixtures g ggg 33
33 Gross loss on sale or maturity of ledger assets viz Bonds 581 25
34 Gross decrease in book value of ledger assets viz Bonds
20875800 stocks 1167700 220435 00
35 All other disbursements Incidentals etc 1559318
brokerage 14350 development 786922 interest
charges 120423 traveling expenses 440663
charged against undivided profits premiums uncol
lectible 19900 29 414 76
41 Total disbursements 2 160 928 29
IVLedger Assets
1 Book value of real estate unincumbered 757 000 00
3 Loans secured by pledge of bonds stocks or other col
laterals 197750 00
4 Book value of bonds excluding interest 286902500
and book value of stocks 153686500 4405890 00
6 Deposited in trust companies and banks on interest 61216 10
7 Deposited in trust companies and banks not on interest 222 936 40
13 Ledger assets 564i792 50
NonLedger Assets
18 Bents due 33 5g
21 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Fidelity
5882462 Surety 6912624 total 127950 86
22 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907 Fidelity 27
71829 Surety 681786 total 34536 lg
39 Gross assets 5810563 10
Deduct Assets Not Admitted
45 Gross premiums in course of collection written prior to
October 1 1907 34536 15
53 Admitted assets 5776026 95
VLiabilities
1 Losses and claims adjusted Fidelity 31 628 05
2 Losses and claims in process of adjustment Fidelity 15098 63
3 Losses and claims reported proofs not received Fidelity 24l477 66ComptrollerGeneral s Report
607
4 Losses and claims resisted Fidelity 9642642 Surety
22374575 total 320172 17
18 Total unpaid claims and expenses of settlement Fidel
ity 38463076 Surety 22374575
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 144555701
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 8404521
unearned premiums pro rata 55760 66
722778 51
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Fidelity 1470615
Surety 1728155 total
27 State county and municipal taxes due or accrued
33 Advance premiums 100 per cent
608376 51
778539 17
31987 70
35000 00
830 65
43 Total amount of all liabilities except capital 1454734 03
44 Capital actually paid up in cash 2000000 00
45 Surplus over all liabilities 2321292 92
46 Surplus as regards policyholders 4321292 92
47 Total liabilities 5776026 95
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Fidelity 2397558 Surety 528178 total 29257 36
Gross losses paid Fidelity 829688 Surety 50675 total 8803 63608 ComptrollerGenerals Eeport
FEDERAL CASUALTY COMPANY DETROIT MICHIGAN
V D Cliff President Peter Patterson Secretary
Home Office Majestic Building Detroit Mich
Wm A Wright Insurance Commissioner 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 119 031 71
Extended at
119031 71
IIIncon
1 Entire premiums collected during the year 292 374 36
i Deduct reinsurance return premiums and cancellations 148 44
3 Net cash actually received for premiums 292 225 92
19 Policies fees required or represented by applications es
timated
99 T 32660 00
M Interest on bonds and dividends on stock 4 827 89
32 From all other sources Reinsurance Columbian Inst
ance Co
41261 67
38 Total income
490007 19
HIDisbursements
1 Total amount paid policyholders for losses
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health
18 Policy fees retained by agents
19 Stockholders for interest or dividends amount declared
during the year 20000
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
22 Medical examiners fees and salaries
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
122245 42
76425 93
32084 11
20000 00
23669 73
7781 60
1571 73
5376 11
3390 55
208 50
2159 68
5950 44
6562 90
1226 25
37
46
ComptrollerGenerals Report 609
All other disbursements Premiums on bonds purchased
334752 general expense 161082 total 4958 34
Total disbursements 313611 29
IVLedger Asests
5
6
7
11
13
37
44
Book value of bonds excluding interest 149500 and
book value of stocks 10000 total
Cash in companys office and deposited in banks
Bills receivable
Other ledger assets
Ledger assets
NonLedger Assets
Interest accrued on bonds
Book value of ledger assets over market value viz
Stocks
22
26
32
33
42
43
44
Total amount of all liabilities except capital
Capital actually paid up in cash 100000 00
Surplus over all liabilities 51759 13
45 Surplus as regards policyholders
46
39
Total liabilities
eg
159500 00
972 54
3000 00
12923 36
176395 90
1413 73
Gross assets 177809 63
Deduct Assets Not Admitted
1100 00
51 Admitted assets 176709 63
VLiabilities
Losses and claims Accident and Health 446 claims
pending Our claims by year averaging about 1850
each allowing 2750 each which seems liberal would
make 12265 00
Commissions brokerage and other charges due to agents
or brokers on policies issued subsequent to October 1
1907 viz Accident and Health 3000 00
Salaries rents expenses taxes bills accounts fees etc
due or accrued 500 00
Advance premiums 100 per cent 4185 50
Other Liabilities viz State taxes on premiums estimated 5000 00
24950 50
151759 13
176709 63610
ComptrollerGenerals Report
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Accident and Health
Gross losses paid Accident and Health
5559 17
1872 43

FRANKFORT MARINE ACCIDENT AND PLATE GLASS INSURANCE
COMPANY OF FRANKFORTONTHEMAIN GERMANY
United States Manager and Attorney C H Franklin
Principal Office in United States 100 William Street New York City
Fair Dodd Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31
Extended at
of
previous year
1255856 37
1255856 37
IIIncome
Gross premiums unpaid December 31 last year Acci
dent 448854 Liability 20380726 Burglary and
Theft 79772 Workmens Collective 1398300 total 223076 52
Gross premiums written and renewed during the year
Accident 6125064 Liability 93017870 Burglary
and Theft 2076114 Workmens Collective 9291002
total
3 Total Accident 6573918 Liability 113398596
Burglary and Theft 2155886 Workmens Collective
10689302 total
4 Deduct gross premiums now in course of collection Acci
dent 546900 Liability 17229859 Burglary and
Theft 510068 Workmens Collective 2163879 total
1105100 50
1328177 02
204507 06
5 Entire premiums collected during the year Accident
6027018 Liability 96168737 Burglary and Theft
1645818 Workmens Collective 8525423 total 1123669 96
6 Deduct reinsurance return premiums and cancellations
Accident 1439106 Liability 13255489 Burglary
and Theft 597718 Workmens Collective 534702
total
7 Net cash actually received for premiums Accident 45
87912 Liability 82913248 Burglary and Theft 10
48100 Workmens Collective 7990721 total
158270 15
965399 81ComptrollerGeneral s Report
611
19 Policy fees required or represented by application 10567 60
22 Gross interest on bonds and dividends on stocks 40573 43
23 Gross interest on deposits 1276 93
26 Total gross interest and rents 41850 36
30 From other sources Remittance from home office 50105 93
36 Total income 1067923 70
IIIDisbursements
1 Gross amount paid for losses Accident 1606796 Lia
bility 31364688 Burglary and Theft 316910
Workmens Collective 4355680 total
2 Deduct salvage and reinsurance
3 Net amount paid policyholders for losses Accident 15
73510 Liability 31364688 Burglary and Theft 3
16910 Workmens Collective 4355680 total
4 Investigation and adjustment of claims Accident 3
77450 Liability 16134787 Burglary and Theft 1
02177 Workmens Collective 270657 total
5 Total Accident 1950960 Liability 47499475 Burg
lary and Theft 419087 Workmens Collective 46
26337 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and Health 1467742 Liability 21426024
Burglary and Theft 321490 Workmens Collective
1793830 total
18 Policy fees retained by agents
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
23 Inspections other than medical
24 Bents
27 All other taxes licenses and Insurance Department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage telegraph telephone and express
32 Furniture and fixtures
33 Gross loss on sale or maturity of ledger assets viz Bonds
34 Gross decrease in book value of ledger assets viz Bonds
35 All other disbursements Miscellaneous 1090325 re
mittance to home office 4365605 total
41 Total disbursements
376440 74
332 86
376107 88
168850 71
544958 59
250090 86
10567 60
40548 03
19570 39
11217 23
7118 22
19856 34
1299 58
3738 05
14606 48
4432 67
866 07
135 84
3407 69
54559 30
986972 94612
COMPTEOLLEK GENERAL s EePORT
IVLedger Assets
4 Book value of bonds excluding interest
5 Cash in companys office
6 Deposited in trust companies and banks on interest
10 Cash in hands of trustees
1274780 59
650 00
40658 80
20717 74
13 Ledger assets lj336807 13
NonLedger Assets
15 Interest accrued on bonds
17 Interest accrued on other assets
21 Gross premiums in course of collection viz On policies
or renewals issued subsequent to October 1 1907 Acci
dent 527904 Liability 16571357 Burglary and
Theft 506968 Workmens Collective 2142720 total
22 Gross premiums in course of collection viz On policies
or renewals issued prior to October 1 1907 Accident
18996 Liability 658502 Burglary and Theft 3100
Workmens Collective 21159 total
39 Gross assets
Deduct Assets Not Admitted
45 Gross premiums in course of collection
written prior to October 1 1907 7 017 57
46 Book value of ledger assets over market
value excluding interest 86 570 59
53 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Accident
634450 Burglary and Theft 10000 Workmens Col
lective 4404513 total
2 Losses and claims reported proofs not received Marine
3 Losses and claims resisted Accident
4 Total Accident 1254468 Burglary and Theft 10000
Marine 500000 Workmens Collective 4404513
total
16 Special reserve for unpaid liability losses
16a Further reserve for unpaid liability losses
11956 68
119 95
197489 49
7017 57
1553390 82
93588 16
1459802 66
50489 63
5000 00
6200 18
61689 81
473256 91
114964 87
18
19
Total unpaid claims and expenses of settlement
Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 61775837 un
earned premiums 50 per cent 308 879 19
649911 59CompteolleeGenebals Repoet
613
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 30951
38 unearned premiums pro rata
16392 72
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident and Health
153975 Liability 4110112 Burglary and Theft
154162 Workmens Collective 258087 total
33 Advance premiums 100 per cent
34 Other liabilities
325271 91
46763 36
376 90
12500 00
43 Total amount of all liabilities except capital 1034823 76
44 Capital actually paid up in cash 250000 00
45 Surplus over all liabilities 174978 90
46 Surplus as regards policyholders
424978 90
47 Total liabilities 1459802 66
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Accident and Health 128520 Liability
486014 total 6145 34
Gross losses paid Accident and Health 32312 Liability
231120 total 2634 32
GENERAL ACCIDENT ASSURANCE CORPORATION LTD OF
GREAT BRITAIN
Franklin J Moore United States Manager
Principal Office in United States 400 Walnut Street Philadelphia Pa
Wm A Wright Insurance Commissioner Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash deposit New York
Insurance Department 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
919674 05
919674 05614
ComptrollerGenerals Report
IIIncome
1 Gross premiums unpaid December 31 last year Accident
and Health 3609778 Liability 4693609 Burglary
and Theft 1878777 total 101821 64
2 Gross premiums written and renewed during the year
Accident and Health 91208242 Liability 56212689
Burglary and Theft 14704658 total 1621255 89
3 Total Accident and Health 94818020 Liability
60906298 Burglary and Theft 16583435 total 1723077 53
4 Deduct gross premiums now in course of collection Acci
dent and Health 4009813 Liability 9142946 Burg
lary and Theft 3395064 total 165478 23
5 Entire premiums collected during the year Accident and
Health 90808207 Liability 51763352 Burglary and
Theft 13188371 total 1557599 30
6 Deduct reinsurance return premiums and cancellations
Accident and Health 11743934 Liability 12163925
Burglary and Theft 3129468 total 270373 27
7 Net cash actually received for premiums Accident and
Health 79064273 Liability 39599427 Burglary and
Theft 10058903 total 1287226 03
19 Policy fees required or represented by applications 57615 Oft
22 Interest on bonds and dividends on
stock
23 Interest on deposit
25 Gross rents from companys property in
cluding 533328 for companys occu
pancy of its own buildings
25839 80
1232 08
5333 28
26 Total interest and rents
27 Profit on sale of ledger assets Two thousand Penna Co
Loan 1901 4000 fifty thousand Penna Co 4y2
Notes 34375 total
32 From all other sources Adjusting book value of securi
ties 738 received from home office 13118276
salvage on returned premiums 29472 received for
contingent liability 1906 from General Accident Insur
ance Co 1875000 seventeen thousand C B Q 4
bonds purchased December 27 1907 paid for January
4 1908 1580247 total
32405 lo
383 75
166037 33
38 Total income 1543667 27ComptrollerGenerals Report
615

IIIDisbursements
1 Gross amount paid for losses Accident and Health
34454872 Liability 14372482 Burglary and Theft
4189902 totals 53017256
2 Deduct salvage and reinusrance Accident and Health
1058543 Burglary and Theft 124472 total 11830 15
3 Net amount paid polieyholders for losses Accident and
Health 33396329 Liability 14372482 Burglary
and Theft 4065430 total 518342 41
4 Investigation and adjustment of claims Accident and
Health 438184 Liability 2132283 Burglary and
Theft 92818 total 26632 85
5 Total Accident and Health 33834513 Liability 165
04765 Burglary and Theft 4158248 total 544975 26
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and Health 22156385 Liability 11736249
Burglary and Theft 3639439 total 375320 73
18 Policy fees retained by agents 57615 00
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 74670 14
22 Medical examiners fees and salaries 15984 37
23 Inspections other than medical 7681 74
24 Bents including 533328 for companys occupancy of its
own buildings 6843 97
25 Repairs and expenses other than taxes on real estate 2254 11
26 Taxes on real estate 1262 25
27 All other taxes licenses and Insurance Department fees 23156 97
28 Legal expenses 1178 11
29 Advertising 617 50
30 Printing and stationery 21417 75
31 Postage and express 10201 89
32 Furniture and fixtures 6181 99
37 All other disbursements Traveling expenses 1072706
miscellaneous 1859067 amount remitted home office
7774800 adjusting book value of securities 310534
total 11017107
46 Total disbursements 1259532 65
IVLedger Assets
1 Book value of real estate unencumbered 212084 14
4 Book value of bonds excluding interest 73980519 and
book value of stocks 16830236 total 908107 55
5 Cash in companys office 27850 deposited in banks
5743348 total 57711 98616
ComptbolleeGeneeals Eepoet
6 Bills receivable
7 Other ledger assets viz Deposited in banks noton in
terest 2500000 certified check Baltimore fire depart
ment guaranteed bid 500 total
405 00
25500 00
11 Ledger assets
1203808 67
NonLedger Assets
13 Interest accrued on bonds
15 Interest accrued on other assets
7790 34
237 98
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Accident
and Health 3048252 Liability 8621577 Burglary
and Theft 3082722 total
20 Gross premiums in course of collection on policies or Ve
newals issued prior to October 1 1907 Accident and
Health 961561 Liability 521369 Burglary and
Theft 312342 total
8028 32
147525 51
17952 72
37 Gross assets
1377315 22
Deduct Assets Not Admitted
405 00
39 Bills receivable
43 Gross premiums in course of collection
written prior to October 1 1907 17 952 72
44 Book value of ledger assets over market
value viz bonds and stocks 119502
18 real estate 1208414 total 131 586 32
51 Admitted assets
149944 04
1227371 18
VLiabilities
1 Losses and claims in process of adjustment Accident
and Health 2283218 Burglary and Theft 4535 00
Automobile 601850 total
2 Reported proofs not received Accident and Health
2092147 Burglary and Theft 481500 total
3 Losses and claims resisted Accident and Healthj 19
071488 Burglary and Theft 2500 total
4 Total Accident and Health 6282513 Burglary and
Theft 937500 Automobile 601850 g
16 Special reserve for unpaid liability losses
33385 68
25736 47
19096 48
78218 63
231700 79
18 Total unpaid claims and expenses of settlement
309919 42
CompteollebGenehals Repokt
617

19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 79038785 un
earned premiums 50 per cent 395193 92
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 9396661
unearned premiums pro rata 39919 23
21 Total unearned premiums 435113 15
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on poli
cies issued subsequent to October 1 1907
viz Accident and Health 1005923 Liability 28
45120 Burglary and Theft 1004667 total 48557 10
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 36602 47
33 Other liabilities State county and municipal taxes 27017 65
42 Total amount of all liabilities except capital 857209 79
43 Capital actually paid up in cash Deposit
New York Insurance Department 250000 00
44 Surplus over all liabilities 120161 39
45 Surplus as regards policyholders 370161 39
46 Total liabilities 1227371 18
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Accident and Health 36898 10
Gross losses paid Accident and Health 15307 83

GREAT EASTERN CASUALTY AND INDEMNITY CO OF NEW YORK
Louis H Fibel President Thomas H Darling Secretary
Principal Office 290 Broadway New York City
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 December 31 of
previous year 402689 87
Extended at 402689 87618
ComptbollebGenebals Eepoet
4
5
IIIncome
Gross premiums unpaid December 31 last year Accident
1569297 Health 262800 total
Gross premiums written and renewed during the year
Accident 32530443 Health 11728316 total
5 Total Accident 34099782 Health 11991116 total
7 Deduct gross premiums now in course of collection Ac
cident 1773082 Health 513526 total
8 Entire premiums collected during the year Accident
323266 58 Health 11477590 total
9 Deduct reinsurance return premiums and cancellations
Accident 4287592 Health 1082113 total
10 Net cash actually received for premiums
28039066 Health 10395477 total
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
21 Interest on collateral loans
22 Interest on bonds and dividends on stock
23 Interest on deposit
Accident
2282 21
13125 00
659 70
26 Total interest
38 Total income
III
1 Gross amount paid for losses
Health 4118507 total
2 Deduct salvage and reinsurance
Disbursements
Accident 115569 15
Accident
3 Net amount paid policyholders for looses Accident
11462677 Health 4118507 total
4 Investigation and adjustment of claims Accident
5 Totals 11794314 Health 4118507 total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 7784992 Health 4108672 total
18 Policy fees retained by agents
19 Stockholders for interest or dividendsamountdeclared
during the year 1000000
20 Salaries fees and all other compensation of offleers
directors trustees and home office employees
21 Salaries traveling and all other expenses of agentsnot
paid by commissions
22 Medical examiners fees and salaries
18320 97
442587 59
460908 56
22866 08
438042 48
53697 05
384345 43
384345 43
40358 62
16066 91
440770 96
156754 22
942 38
155811 84
3316 37
159128 21
118936 64
40358 62
10000 00
44289 44
812 36
1500 00ComptrollerGtenekals Report
619
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 viz
38 Journal subscriptions
39 Traveling expense
40 Interest
41 General expense
42 Profit and loss
243 50
4553 60
426 01
8379 22
734 04
Total
46 Total disbursements
IVLedger Assets
4 Book value of bonds excluding interest 31209732 and
book value of stocks 8341875 total
5 Cash in companys office
6 Bills receivable
NonLedger Assets
13 Interest on bonds
15 Stocks dividend declared
2300 00
187 50
Total
20 On policies or renewals issued subsequent to October 1
Accident 1757582 Health 510026 total
21 On policies or renewals issued prior to October 1 Acci
dent 155 Health 35 total
Total
37 Gross assets
Deduct Assets Not Admitted
43 Gross premiums in course of collection
prior to October 1 190 00
44 Book value of ledger assets over market value viz
45 Bonds 23762 94
46 Stocks 8793 75
Total 32556 69
31200 00
8289 31
1509 58
939 27
8889 35
4443 23
190 62
14336 37
416743 50
395516 07
10083 65
21118 11
11 Ledger assets 426717 83
2487 50
22676 08
190 00
22866 08
452071 41
32746 69
51 Admitted assets
419324 7620
CoMPTBOLLEBGrENEEAls EePOKT
VLiabilities
1 Losses and claims reported proofs not received Acci
dent 853640 Health 337342 total
2 Resisted Accident
3 Total Accident 11536 40 Health 337342 total jj
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 19474863
unearned premiums 50 per cent 97374 21
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
23 Accident 550126 Health 154672 total
31 Eeinsurance
32 Advance premiums 100 per cent
42 Total amount of all liabilities
43 Capital actually paid up in cash
44 Surplus over all liabilities
200000 00
95317 91
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 149892 Health 55987
total
Gross losses paid Accident 21298 Health 21755 total
11909 82
3000 00
14909 82
97374 21
7047 98
651 95
4022 85
124006 81
295317 91
419324 72
2058 79
430 53
THE GUARANTEE COMPANY OF NORTH AMERICA MONTREAL
CANADA
Edward Rawlings President Biehard B
Home Office 57 Beaver Hall Hill Montreal Canada
William V Custer Atlanta Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up
in cash 304600 00
2 Amount of ledger assets December 31 of
previous year
Extended at
1341324 57
ComptrollerGenerals Eepoet
621

IIIncome
7 Gross premiums unpaid December 31 last year Fidelity
8 Gross premiums written and renewed during the rear
Fidelity J
9 Total Fidelity
10 Deduct gross premiums collected during the year Fi
delity
11 Entire premiums collected during the year Fidelity
12 Deduct reinsurance return premiums and cancellations
Fidelity
13 Net cash actually received for premiums Fidelity
18 Total net cash actually received for premiums
21 Interest on collateral loans
22 Interest on bonds and dividends on stock
23 Interest on deposit
25 Gross rents from companys property in
cluding 2250 for companys occupancy
of its own buildings
54180 78
4308 15
156 55
2453 43
26 Total interest and rents
38 Total income
IIIDisbursements
1 Gross amount paid for losses Fidelity
2 Deduct salvage and reinsurance Fidelity
3 Net amount paid policyholders for losses Fidelity
4 Investigation and adjustment of claims Fidelity
5 Totals Fidelity
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Fidelity
19 Stockholders for interest or dividends amount declared
during the year 24368
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
23 Inspections other than medical
24 Rents
25 Repairs and expenses other than taxes on real estate
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
12971 08
257983 35
270954 43
13011 22
257943 21
50444 80
207498 41
207495 41
61098 91
268597 32
68263 09
41072 74
27190 35
13851 43
41041 78
5899 11
24368 00
49393 49
23071 94
13584 20
8574 84
747 98
658 02
5935 71
622
CompteollebGeneeals Eepoet
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express and sundry office expenses
33 Loss on sale or maturity of ledger assets
1263 75
1223 33
4315 85
9765 39
330 00
46 Total disbursements
IVLedger Assets
Book value of real estate
Book value of bonds excluding interest 41607875 and
book value of stocks 77155957 total
Cash in companys office 297502 deposited in banks
17649376 total
Other ledger assets viz
Furniture and safes
190173 39
48400 00
1187635 32
179468 78
4241 40
11 Ledger assets ij419748 50
NonLedger Assets
13
15
19
23
Interest accrued on bonds
Interest accrued on other assets
5528 76
3693 68
Total j
Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
Fidelity
9222 44
13011 22
37 Gross assets
1441982 16
Deduct Assets Not Admitted
4241 40
83019 65
40 Furniture and fixtures
44 Book value of ledger assets over market
value
51
Total
Admitted assets
87261 05
1354721 11
VLiabilities
1 Losses and claims in process of adjustment Fidelity 4
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
or less from date of policy 20174734
unearned premiums 50 per cent 100 873 67
37882 00
37882 00CompteolleeGenebals Eepoet 623
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 75200
unearned premiums pro rata 752 00
21 Total unearned premiums 101625 67
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
23 Fidelity 351 42
26 Salaries rents expenses taxes bills accounts fees due
or accrued 6920 00
33 Other liabilities viz
34 Contingencies 2500 00
42 Total amount of all liabilities except capital 149279 09
43 Capital actually paid up in cash 304600 00
44 Surplus over all liabilities 900842 00
45 Surplus as regards policyholders 1 205 442 02
46 Total liabilities 1354721 11
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Fidelity l674 10
Gross losses paid Fidelity 2 444 78
HAETFOED STEAM BOILEE INSPECTION AND INSUEANCE CO
HAETFOED CONN
L B Brainerd President C S Blake Secretary
Home Office 56 Prospect Street Hartford Conn
William A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets December 31 of
previous year 3634224 76
3 Increase of paidup capital during the
year 500000 00
Extended at 4134224 76624
Comptroller General s Eeport
IIIncome
1 Gross premiums unpaid December 31 last year Steam
Boiler
2 Gross premiums written and renewed during the year
Steam Boiler
3 Total Steam Boiler
4 Deduct gross premiums now in course of collection
Steam Boiler
5 Entire premiums collected during the year Steam
Boiler
6 Deduct reinsurance return premiums and cancellations
Steam Boiler
294950 40
1446688 79
1741639 19
336069 01
1405570 18
179189 44
7 Net cash actually received for premiums Steam Boiler
18 Total net cash actually received for premiums
20 Gross interest on mortgage loans 53 476 93
22 Gross interest on bonds and dividends on
stocks H9260 5
w Gross interest on deposits 1 835 22
24 Gross interest from all other sources 971 53
25 Gross rents from companys property 63 00
1226380 74
1226380 74
26 Total gross interest and rents
27 Inspections
28 Gross profit on sale or maturity of ledger assets viz
Real estate 252g 0Q
Bonds 60 98
Other assets
175607 18
21440 38
2230 00
Total
29 Gross increase in book value of ledger assets
Real estate
4815 98
13350 00
36 Total income
1441594 28
IIIDisbursements
1 Gross amount paid for losses Steam Boiler
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
16 Steam Boiler
19 Stockholders for interest or dividends amount declared
during the year 56000000 stock 50000000 cash
6000000 total
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
66936 19
283927 16
560000 00
55771 71ComptbollebGeneeals Repoet
625
21 Salaries traveling and all other expenses of agentf not
paid by commissions 127868 86
23 Inspections other than medical 470007 86
24 Bents 5375 00
25 Eepairs and expenses other than taxes on real estate 7983 80
26 Taxes on real estate 24 80
27 All other taxes licenses and insurance department fees 46469 94
28 Legal expenses 2733 00
29 Advertising 3108 14
30 Printing and stationery 16 428 03
31 Postage telegraph telephone and express 10874 41
32 Furniture and fixtures 2 666 25
33 Gross loss on sale or maturity of ledger assets viz
Bonds 1593 13
41 Total disbursements 1661768 28
IVLedger Assets
1 Book value of real estate unincumbered 97000 00
2 Mortgage loans on real estate first liens 1041950 00
4 Book value of bonds excluding interest 224402331
and book value of stocks 40539997 total 2649423 28
5 Cash in companys office 2 706 72
6 Deposited in trust companies and banks on interest 113124 62
10 Cash in hands of agents 9 846 14
13 Ledger assets
NonLedger Assets
14 Interest accrued on mortgages
1 On policies or renewals issued subsequent to October 1
1907 Steam Boiler
2 On policies or renewals issued prior to October 1 1907
Steam Boiler
3914050 76
26224 54
203819 78
132249 23
Total 336069 01
39 Gross assets 4276344 31
Deduct Assets Not Admitted
45 Gross premiums in course of collection written prior to
October 1 1907 132249 23
46 Book value of ledger assets over market value viz
47 Bonds 71058 31
48 Stocks 12841 97
Total
Total
83900 28
53 Admitted assets
40cg
216149 51
4060194 80626
COMPTEOLLEE GrENEBAL s RePOBT
VLiabilities
1 Losses and claims in process of adjustment
Boiler
Steam
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 6464911 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 3652
19073 unearned premiums pro rata
32324 55
1896246 64
70923 05
70923 05
21 Total unearned premiums l 928 571 19
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
24 Steam Boiler 40763 95
27 State county and municipal taxes due or accrued 8500 00
34 Other liabilities 4 553 55
43 Total amount of all liabilities except capital 2 053 326 74
44 Capital actually paid up in cash 1000000 00
45 Surplus over all liabilities 1006868 06
46 Surplus as regards policyholders 2 006 868 06
47 Total liabilities 4060194 80
Business in State of Georgia During 1907
Steam Boiler
Losses paid
14803 54
864 08ComptbollebGenehal s Report 627
lloyds plate glass insurance company new york
William T Woods President Charles E W Chambers Secretary
Home Office 65 William Street New York New York
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 December 31 of
previous year 778284 53
Extended at
IIIncome
9 Gross premiums unpaid December 31 last year Plate
Glass
10 Gross premiums written and renewed during the year
Plate Glass
778284 53
89058 27
515530 90
11 Total Plate Glass 604589 17
12 Deduct gross premiums now in course of collection
Plate Glass 97074 07
13 Entire premiums collected during the year Plate
Glass 507515 10
14 Deduct reinsurance return premiums and cancellations
Plate Glass 28665 70
15 Net cash actually received for premiums Plate Glass 478849 40
18 Total net cash actually received for premiums 478849 40
22 Interest on bonds and dividends on stock 20383 45
25 Gross rents from companys property 14397 19
26 Total interest and rents
32 From all other sources viz
33 Profit and loss
34780 64
17 25
38 Total income 513647 29
IIIDisbursements
1 Gross amount paid for losses Plate Glass 194513 88
2 Deduct salvage and reinsurance Plate Glass 8248 95
3 Net amount paid policyholders for losses Plate Glass 186264 93
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
16 Plate Glass 164826 38628
ComptrollerGenerals Report
19 Stockholders for interest or dividends amount declared
during the year 5000000
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
24 Rents
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 viz
38 Profit and loss 47 23
39 Sundries 5414 52
Total
IVLedger Assets
1 Book value of real estate unincumbered
4 Book value of bonds excluding interest 23926487 and
book value of stocks 27961279 total
5 Cash in companys office 958279 deposited in banks
1388869 total
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
17 Market value of real estate over book value
25 On policies or renewals issued subsequent to October 1
1907 Plate Glass
26 On policies or renewals issued prior to October 1 1907
Plate Glass
Total
34 Other nonledger assets viz
38 Salvage glass on hand 3708 44
36 Sundry accounts 120 00
Total
50000 00
57038 61
392 28
1020 17
7360 90
5592 16
14602 29
120 50
2923 64
3175 17
4997 92
42 80
5461 75
46 Total disbursements 503819 50
245763 18
518877 66
23471 48
788112 32
1500 00
19236 82
90148 74
6925 33
97074 07
3828 44
37 Gross assets 909751 65
ComptrollerGeneral s Report
Deduct Assets Not Admitted
39 Sundry accounts 120 00
41 Salvage glass on hand 3708 44
43 Gross premiums in course of collection
written prior to October 1 1907 6925 33
44 Book value of ledger assets over market
value viz
45 On bonds and stocks 83761 12
Total
51 Admitted assets
VLiabilities
1 Losses and claims adjusted Plate Glass
2 In process of adjustment Plate Glass
3 Total Plate Glass
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 41960782 un
earned premiums 50 per cent 209803 91
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 126
01156 unearned premiums pro rata 63408 91
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
24 Plate Glass
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 250000 00
44 Surplus over all liabilities 235846 25
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Plate Glass
Gross losses paid Plate Glass
629
94514 89
815236 76
19777 39
6335 82
26113 21
26113 21
273212 82
30049 58
14 90
329390 51
485846 25
815236 76
1560 44
1196 92630
ComptrollerGenerals Report
LONDON GUARANTEE AND ACCIDENT COMPANY LTD OF
LONDON ENGLAND
A W Masters General Manager for the United States
Home Office for the United States 315 Deaborn Street Chicago Illinc
J L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in eaSD 250000 00
2 Amount of ledger assets December 31 of
previous year 1925852 12
Extended at
1925852 12
IIIncome
280637 23
1 Gross premiums unpaid December 31 last year Acci
dent 2086640 Liability 25145833 Credit 8312
50 total
2 Gross premiums written and renewed during the year
Accident 16265238 Health 160350 Liability 1
72116466 Credit 8761524 total 1973035 78
3 Total Accident 18351878 Health 160350 Liabil
ity 197262299 Credit 9592774 total 2253673 01
4 Deduct gross premiums now in course of collection Ac
cident 2361110 Health 26600 Liability 323993
13 Credit 212500 total
349995 23
5 Entire premiums collected during the year Accident
15990768 Health 133750 Liability 1648629 86
Credit 9380274 total xn 78
6 Deduct reinsurance return premiums and cancellations
Accident 2397075 Health 40469 Liability 205
42747 Credit 422500 total 234 027 91
7 Net cash actually received for premiums Accident
13593693 Health 932 81 Liability 1443 202 39
Credit 8957774 total 1669649 87
18 Total net cash actually received for premiums 1669649 87
22 Gross interest on bonds and dividends on
stocks 4
23 Gross interest from all other sources
64000 52
1100 17
26 Total gross interest and rents
36 Total income
65100 69
1734750 56ComptrollerGenerals Report 631
IIIDisbursements
1 Gross amount paid for losses Accident 6814138
Health 45 Liability 49863284 Credit 2356770
total 590386 92
2 Deduct salvage and reinsurance Credit 1799 34
3 Net amount paid policyholders for losses Accident
6814138 Health 45 Liability 49863284 Credit
2176836 total 588587 58
4 Investigation and adjustment of claims Accident 1
44949 Liability 18566730 Credit 107631 total 188193 10
5 Totals Accident 6959087 Health 45 Liability
68430014 Credit 2284467 total 776780 68
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 3871095 Health 32176 Liability 384
58774 Credit 2870752 total 452327 97
19 Stockholders for interest or dividends 115090 15
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 81839 33
21 Salaries traveling and all other expenses of agents not
paid by commissions 32243 17
23 Inspections other than medical 9975 85
24 Rents 8937 70
27 All other taxes licenses and insurance department fees 27364 64
28 Legal expenses 1250 00
29 Advertising 3256 46
30 Printing and stationery 13755 04
31 Postage telegraph telephone and express 4840 18
32 Furniture and fixtures 1623 48
35 All other disbursements viz
36 Traveling expenses 1443 04
37 Exchange 593 50
38 Sundry payments 9996 30
Total 12032 84
41 Total disbursements 1541317 49
IVLedger Assets
4 Book value of bonks excluding interest 1960381 89
5 Cash in companys office 2903 30
7 Deposited in trust companies and banks not on interest 156000 00
13 Ledger assets 2119285 19632
ComptbollebGenebals Repoet
NonLedger Assets
15 Interest accrued on bonds
21 Gross premiums in course of collection viz
22 On policies or renewals issued subsequent to October 1
1907 Accident 2156783 Health 23100 Liability
30457060 Credit 212500 total
23 On policies or renewals issued prior to October 11907
Accident 204327 Health 35 Liability 19422 53
total
Total
39 Gross assets
45 Gross
Deduct Assets Not Admitted
26081 84
328494 43
21500 80
349995 23
2495362 26
premiums in course of collection
written prior to October 1 1907
47 Bonds
21500 80
239879 15
Total
2233982 31
VLiabilities
1 Losses and claims reported proofs not received Acci
dent

2 Resisted Accident 1700000 Credit 300000 totai
3 Total Accident 3238100 Credit 300000 total 4
14 Deduct reinsurance
15 Net unpaid claims except liability claims g
16 Special reserve for unpaid liability losses
17 Special reserve for credit losses on policies expiring in
October November and December 1907 being 50 per
cent of 2816250 gross premiums received on said
policies less 168945 paid during said months on losses
under said policies
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 110309793
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 124123
60 unearned premiums pro rata
551548 96
70500 99
15381 00
20000 00
35381 00
5000 00
30381 00
785299 98
12391 80
828072 78
21 Total unearned premiums
622049 95ComptrollerGenerals Report
633
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 626125 Health 8085 Liability 8375691
Credit 637 50 total
26 Salaries rents expenses bills accounts fees etc due
or accrued
27 State county and municipal taxes due or accrued
32 Reinsurance
35 Contingent reserve
43 Total amount of all liabilities except capital
44 Capital actually paid up in cash 250000 00
45 Surplus over all liabilities 318957 56
90736 51
3578 43
20000 00
587 08
100000 00
1650024 75
46 Surplus as regards policyholders
47 Total liabilities
Business in State of Georgia During 1907
Gross premiums on risks written or renewed during the year
Accident 55825 Health 70 Liability 1646766
total
Gross losses paid Accident 57 Liability 666913 total
568957 56
2233982 31
17095 91
6726 13
MARYLAND CASUALTY COMPANY OF BALTIMORE MARYLAND
John T Stone President James F Mitchell Secretary
Home Office Baltimore Maryland
Aaron Haas Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 750000 00
2 Amount of ledger assets December 31 of
previous year 3382642 18
Extended at 3382642 18
IIIncome
4 Gross premiums unpaid december 31 last year Acci
dent 9736554 Health 983543 Liability 27
25415 Plate Glass 3424186 Steam Boiler S8
87336 Burglary and Theft 4345282 Sprinkler 18
36987 total 520393 03634
ComptrollerGenerals Eeport
Gross premiums written and renewed during the year
Accident 59192734 Health 4329126 Liability 1
73742061 Plate Glass 19573890 Steam Boiler 196
25923 Burglary and Theft 27580798 Sprinkler
12908767 total 3169532 99
Total Accident 68929288 Health 5312669 Liabil
ity 201567476 Plate Glass 22998076 Steam Boil
er 23513259 Burglary and Theft 31926080
Sprinkler 14745754 total 3689926
Deduct gross premiums now in course of cancellation
Accident 11304620 Health 839740 Liability
33692587 Plate Glass 37972 20 Steam Boiler 38
07641 Burglary and Theft 5348594 Sprinkler 25
04510 total
02
8 Entire premiums collected during the year Accident
57624668 Health 4472929 Liability 167874889
Plate Glass 19200856 Steam Boiler 19705618
Burglary and Theft 26577486 Sprinkler 12241244
total
9 Deduct reinsurance return premiums and cancellations
Accident 2129644 Health 226 Liability 1453257
Plate Glass 23177 Steam Boiler 1125 Burglary and
Theft 2465393 Sprinkler 225 total
612949 12
3076976 90
61176 96
10 Net cash actually received for premiums Accident
55495024 Health 4450329 Liability 166421632
Plate Glass 19177679 Steam Boiler 19704493
Burglary and Theft 24112093 Sprinkler 12218744
total 3015799 94
Total net cash actually received for premiums 3 015 799 94
Interest on bonds and dividends on stock 119470 70
25 Gross rents from companys property in
cluding 1737764 for companys occu
pancy of its own buildings 35 692 22
18
22
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz
28 Mexican Government Bond 5 per cent
29 Penna Co Gold Loan
30 Third National Bank
81 49
77 50
833 00
Total
32 From all other sources viz
33 Gross increase in book value of stocks and bonds
155162 92
991 99
18965 10
38 Total income 0
190919 95ComptrolleeGenebals Bepoet
635
IIIDisbursements
1 Gross amount paid for losses Accident 21530036
Health 2592719 Liability 67838135 Plate Glass
7432052 Steam Boiler 4003893 Burglary and
Theft 7188614 Sprinkler 1947590 total 1125330 39
2 Deduct salvage and reinsurance Accident 787491
Health 26910 Plate Glass 144046 Burglary and
Theft 717509 total 16759 56
3 Net amount paid policyholders for losses Accident
20742545 Health 2565809 Liability 67838135
Plate Glass 7288006 Steam Boiler 4003893 Burg
lary and Theft 6471105 Sprinkler 1947590 total 1108570 83
4 Investigation and adjustment of claims Accident 5
82998 Health 26173 Liability 22486135 Plate
Glass 31398 Steam Boiler 192293 Burglary and
Theft 263160 Sprinkler 63113 total 236452 70
5 Totals Accident 21325543 Health 2591982 Liabil
ity 90324270 Plate Glass 7319404 Steam Boiler
4196186 Burglary and Theft 6734265 Sprinkler
2010703 total 1345023 53
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 19608288 Health 1362872 Liability 391
57178 Plate Glass 6554564 Steam Boiler 5530246
Burglary and Theft 6917161 Sprinkler 3044762
total 821750 71
19 Stockholders for interest or dividends amount declared
during the year 105000 105000 00
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 136932 12
21 Salaries traveling and all other expenses of agents not
paid by commissions 96075 04
22 Medical examiners fees and salaries 410 00
23 Inspections other than medical 78885 12
24 Bents including 1737764 for companys occupancy of
its own buildings 17377 64
25 Repairs and expenses other than taxes on real estate 15676 11
26 Taxes on real estate 2967 74
27 All other taxes licenses and insurance department fees 4970353
28 Legal expenses 1250 00
29 Advertising 32619 73
30 Printing and stationery 22808 32
31 Postage and express 4974 63
32 Furniture and fixtures 7471 11
33 Loss on sale or maturity of ledger assets viz
34 Gross decrease in book value of stocks and bonds 306597 22636 ComptbollebGtenebals Eepoet
37 All other disbursements viz
38 General expense 6 717 01
39 Traveling 398 77
Total 9915 78
46 Total disbursements 3055438 33
IVLedger Assets
1 Book value of real estate 447732 01
4 Book value of bonds excluding interest 256035669
and book value of stocks 180900 total 2741 256 69
5 Cash in companys office 3161476 deposited in banks
17681829 total 208433 05
6 Bills receivable 11 219 59
7 Other ledger assets viz Ground rent 10000000
agents balances 948246 total 109482 46
11 Ledger assets 3518123 80
NonLedger Assets
13 Interest accrued on bonds 20 108 36
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Accident
113046 20 Health 839740 Liability 33692587
Plate Glass 3797220 Steam Boiler 3807641 Burg
lary and Theft 5348594 Sprinkler 2504510 total 612949 12
37 Gross assets 4151181 28
Deduct Assets Not Admitted
39 Bills receivable 11219 59
45 Agents balances 9482 46
20702 05
51 Admitted assets 4130479 23
VLiabilities
1 Losses and claims in process of adjustment Accident
4275375 Health 529750 Plate Glass 1134199
Steam Boiler 286000 Burglary and Theft 1549900
Sprinkler 173500 Physicians Defense 50000 total 79987 24
2 Losses and claims resisted for policyholders Physicians
Defense 3850 00
3 Losses and claims resisted Accident 1305000 Health
25000 Steam Boiler 600000 Burglary and Theft
610000 Sprinkler 40000 total 25800 00
4 Total Accident 5580375 Health 554750 Plate
Glass 1134199 Steam Boiler 886000 Burglary and
Theft 2159900 Sprinkler 213500 Physicians De
fense 435000 total 109637 24ComptbollebGenebals Eepoet
637
16 Special reserve for unpaid liability losses
17 Contingencies
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 233835817
unearned premiums 50 per cent 1169179 09
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 506
10267 unearned premiums pro rata 283557 94
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident 3768206
Health 251922 Liability 8124620 Plate Glass
1265740 Steam Boiler 951910 Burglary and Theft
1407863 Sprinkler 626128 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance
620950 60
75000 00
805587 84
1452737 03
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 750000 00
44 Surplus over all liabilities 913226 15
163963 89
42147 06
2817 26
2467253 08
45 Surplus as regards policyholders
1663226 15
46 Total liabilities 4130479 23
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year Accident 5100047 Health 142931 Lia
bility 2858868 Plate Glass 368329 Steam Boiler
388047 Burglary and Theft 501799 Sprinkler
218490 total 95785 11
Gross losses paid Accident 2049667 Health 102704
Liability 940540 Plate Glass 137295 Burglary
and Theft 53463 Sprinkler 8264 total 32919 33638 ComptrollerGeneral a Eeport
MASSACHUSETTS BONDING AND INSURANCE COMPANY
OF BOSTON MASS
T J Falvey President John T Burnett Secretary
Home Office 77 State Street Boston Mass
Shepard Bryan Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up in cash 500 000 00
Extended at 500000 00
IIIncome
1 Gross premiums written and renewed during the year
Fidelity 261035 Surety 270746 Burglary and
Theft 138739 total 6705 2Q
2 Deduct gross premiums now in course of collection Fi
delity 185492 Surety 195915 Burglary and Theft
113239 total 4946 46
3 Entire premiums collected during the year Fidelity
75543 Surety 474831 Burglary and Theft 25500
total
A 1758 74
4 Deduct reinsurance return premiums and cancellations
Sur6ty 4500
5 Net cash actually received for premiums Fidelity
75543 Surety 70331 Burglary and Theft 255 00
total
9 T 1713 74
23 Interest on deposit 2 g24 g
32 From all other sources Surplus paid in cash 250oOO 00
38 Total income 254338 71
IIIDisbursements
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Fidelity 300 Surety 250 total g 50
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 3 833 45
21 Salaries traveling and all other expenses of agents not
paid by commissions
24 Rents
27 All other taxes licenses and Insurance Department fees 226 93
28 Legal expenses
29 Advertising 1531 5U
503 7Q
30 Printing and stationery 2 998 20
31 Postage and express al
32 Furniture and fixtures
54J8 88ComptrollerGeneral s Report
639
37 All other disbursements viz
38 Decrease in book value bond 921 25
39 Eepairs and expenses on building 5235 85
40 Rent safe deposit and box 50 00
41 Accrued interest on bonds at time of pur
chase 2498 25
Total
46 Total disbursements
IVLedger Assets
4 Book value of bonds and stocks excluding interest
5 Cash in companys office 8152 deposited in banks
53265326 total
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
23 On policies or renewals issued subsequent to October 1
1907 Fidelity 185492 Surety 195919 Burglary
and Theft 113239 total
37 Gross assets
51 Admitted assets
VLiabilities
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 602957 un
earned premiums 50 per cent 3014 78
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 63063
unearned premiums pro rata 420 42
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
23 Fidelity 11119 Surety 17702 Burglary and Theft
10643 total
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash
44 Surplus over all liabilities
500000 00
236562 74
8705 35
2158143
200022 50
532734 78
732757 28
2688 84
4946 46
740392 58
740392 58
3435 20
394 64
45 Surplus as regards policyholders
3829 84
736562 74
46 Total liabilities 740392 58640
COMPTEOLLER GENERAL s EePOET
THE METROPOLITAN CASUALTY INSURANCE COMPANY OF
NEW YORK N Y
Eugene H Winslow President
S Wm Burton Secretary
Home Office 45 Cedar St New York
J L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets December 31 of
previous year 573005
Extended at
573005 47
IIIncome
4 Gross premiums unpaid December 31 last year Acci
dent 1333397 Health 307101 Plate Glass 70
39392 total
5 Gross premiums written and renewed during the year
Accident 11291660 Health 1994094 Plate Glass
53463616 total
6 Total Accident 12624657 Health 2301195 Plate
Glass 60503008 total
7 Deduct gross premiums now in course of collection Ac
cident 1115165 Health 315268 Plate Glass 80
58801 total
86798 90
667489 70
754288 60
94892 34
8 Entire premiums collected during the year Accident
11509492 Health 1985927 Plate Glass 52444207
total
659396 26
v JJeduct reinsurance return premiums and cancellations
Accident 2425556 Health 510974 Plate Glass
7538978 total 1M755 Q8
10 Net cash actually received for premiums Accident 90
83936 Health 1474953 Plate Glass 449052 29
total
la 55464118
18 Total net cash actually received for premiums 554 641 18
22 Interest on bonds and dividends on
OQ T SitCk 18537 50
23 Interest on deposit 1 154 07
24 Interest from all other sources
9 00
26 Total interest and rents
38 Total income
19700 57

574341 75ComptrollerGenerals Report
641
IIIDisbursements
1 Gross amount paid for losses Accident 2560938
Health 723998 Plate Glass 18813875 total
2 Deduct salvage and reinsurance Accident 53397
Plate Glass 144554 total
3 Net amount paid policyholders for losses Accident 25
07541 Health 723998 Plate Glass 18669321
total i
4 Investigation and adjustment of claims Accident
Total
46 Total disbursements
IVLedger Assets
4 Book value of bonds excluding interest 42230625 and
book value of stocks 13443495 total
5 Cash in companys office 410440 deposited in banks
31673 95 total
11 Ledger assets t
41eg
220988 11
1979 51
219008 60
756 95
5 Totals Accident 2583236 Health 723998 Plate
Glass 18669321 total 219765 55
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
15 Accident 3179377 Health 589054 Plate Glass 158
10304 total
19 Stockholders for interest or dividends amount declared
during the year 20000
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
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
33 Loss on sale or maturity of ledger assets viz
35 Orange Co Traction Co stock
37 All other disbursements viz
39 Profit and loss 546 81
40 Sundries 6212 35
195787 35
20000 00
67453 41
9126 28
1113 30
7475 04
14809 76
612 74
2102 50
6302 31
3130 97
139 30
250 00
6759 16
554827 67
556741 20
35778 35
592519 55642
ComptrollerGenerals Report
NonLedger Assets
13 Interest due 80 and accrued 442373 on bonds
20 On policies or renewals issued subsequent to October 1
Accident 1107665 Health 306268 Plate Glass
7967856 total g
21 On policies or renewals issued prior to October 1 Ac
cident 75 Health 90 Plate Glass 90945 total
Total
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value
Total
51 Admitted assets
1074 45
61073 70
VLiabilities
1 Losses and claims in process of adjustment Accident
4953 Health 1038 Plate Glass 679073 totali
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 56363318 un
earned premiums 50 per cent 281816 59
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 363843 Health 107203 Plate Glass 27
36247 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance
45 Surplus as regards policyholders
4503 73
93817 89
1074 45
94892 34
62148 15
629767 47
12781 73
12781 73
281816 59
32072 93
657 81
1173 71
42 Total amount of all liabilities except capital 328502 77
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 101264 70
301264 70
46 Total liabilities
629767 47ComptrollerGenerals Report
643
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 12288 51 Health 263309
Plate Glass 229072 total
Gross losses paid Accident 323587 Health 146685
Plate Glass 78063 total
17212 32
5483 35
METROPOLITAN SURETY COMPANY OF NEW YORK NEW YORK
M Joseph McClaskey President Walker C McClure Secretary
Home Office 38 Park Row New York City New York
Marion Smith Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets December 31 of
previous year
3 Decrease of paidup capital during the
year
758389 90
250000 00
93042 90
609923 82
Extended at 508389 90
IIIncome
7 Gross premiums unpaid December 31 last year Fidelity
936265 Surety 6299019 Burglary and Theft 20
69006 total
8 Gross premiums written and renewed during the year
Fidelity 11753069 Surety 32607447 Burglary and
Theft 16631866 total
9 Total Fidelity 12689334 Surety 38906466 Burg
lary and Theft 18700872 total 702966 72
10 Deduct gross premiums now in course of collection Fi
delity 1794336 Surety 11871914 Burglary and
Theft 2328196 total 159944 46
11 Entire premiums collected during the year Fidelity
10894998 Surety 27034552 Burglary and Theft
16372676 total 543022 26
12 Deduct reinsurance return premiums and cancellations
Fidelity 1706599 Surety 3666280 Burglary and
Theft 5024936 total 103978 15
13 Net cash actually received for premiums Fidelity 91
88399 Surety 23368272 Burglary and Theft 113
477 40 total 439044 11
18 Total net cash actually received for premiums 439044 11644
Comptroller General s Eeport
20 Interest on mortgage loans 2002 50
22 Interest on bonds and dividends on stock 21075 00
23 Interest on deposit i 693 56
Deduct interest on special deposits in
cluded by examiners in error in 1906
statement as Income should have been
accrued
200 37
26 Total interest and rents
32 From all other sources viz
33 Miscellaneous accounts
34 Profit and loss account reduction of cap
ital
Total
36 Deduct miscellaneous accounts included
by examiners in 1906 not taken into
books
359 20
250000 00
250359 20
825 00
Total
38 Total income
IIIDisbursements
1 Gross amount paid for losses Fidelity 522089 Surety
9378852 Burglary and Theft 6500830 totalj
2 Deduct salvage and reinsurance Fidelity 114443
Surety 905635 Burglary and Theft 16035 total
3 Net amount paid policyholders for losses Fidelity 4
07646 Surety 8473217 Burglary and Theft 64
84795 total
4 Investigation and adjustment of claims Fidelity
86971 Surety 140446 Burglary and Theft 7
51120 total
5 Totals Fidelity 494617 Surety 8613663 Burglary
and Theft 7235915 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Fidelity and Surety 7275863 Burglary and Theft 31
83951 total
19 Stockholders for interest or dividends amount declared
during the year 20000
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
24570 69
249534 20
713149 00
164017 71
10361 13
153656 58
9785 37
163441 95
104598 14
20000 00
73584 67
37019 32CoMPTROLLERGrENERAL s BEPORT
645

23 Inspection expenses
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
33 Loss on sale or maturity of ledger assets
viz
34 Bonds 162 50
Total
37 All other disbursements viz
39 Miscellaneous expenses 16309 22
40 Traveling expenses 11483 27
41 Profit and loss miscellaneous 6059 23
42 Exchange 75 00
43 Taxes on property 69 15
Total
46 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
5 Cash in companys offices 1383613 deposited in banks
3289173 total
6 Bills receivable
7 Other ledger assets viz
8 Advanced on contracts
9 Accounts receivable special deposit
10 Salvage mortgage
11 Ledger assets
NonLedger Assets
12 Interest accrued on mortgages 795 21
13 Interest accrued on bonds 5549 99
15 Interest accrued on other assets 664 60
Total
19 Gross premiums in course of collection viz
23 On policies or renewals issued subsequent to October 1
Fidelity and Surety 4660379 Burglary and Theft
1245895 total
835 00
17737 70
8786 21
12562 58
8026 86
13916 04
8636 41
1747 96
162 50
33995 87
505051 21
48850 00
546712 51
46727 86
4544 93
51479 16
16398 07
1775 16
716487 69
7009 80
59062 74646
ComptrollerGenerals Report
24 On policies or renewals issued prior to October 1 Fi
delity and Surety 9005871 Burglary and Theft
1082301 total
100881 72
Total
34 Other nonledger assets viz
35 On deposit in Hamilton Bank N Y 597928 in West
End Trust Co Phila 514203 total
159944 46
37 Gross assets
11121 31
894563 26
Deduct Assets Not Admitted
39 Bills receivable
43 Gross premiums in course of collection
written prior to October 1
44 Book value of ledger assets over market
value viz
45 Bonds
46 Cash in companys office
47 Advanced on contracts
48 Salvage mortgage
49 Accounts receivable spe
cial deposit
4544 93
100881 72
45031 26
1586 32
16348 12
1775 16
422 65
Total
Total
65163 51
51 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Fidelity
1231006 Surety 6999467 Burglary and Theft 23
68462 total
2 Besisted Fidelity 33500 Surety 296250 Burglary
and Theft 262182 total
3 Total Fidelity 4581006 Surety 7295717 Burglary
and Theft 2630644 total
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 39712831 un
earned premiums 50 per cent 198564 17
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 5045283
unearned premiums pro rata 26 452 55
170590 16
723973 10
105989 35
39084 32
145073 67
145073 67
21 Total unearned premiums
225016 72CoMPTROLLERGrENERALis REPORT
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz
23 Fidelity and Surety 893908 Burglary and Theft 2
40936 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance and Co Surety less commissions
32 Advance premiums 100 per cent
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 250000 00
44 Surplus over all liabilities 72815 22
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Surety 92623 Burglary and Theft
30630 total I
647
11348 44
10546 77
4355 93
4816 35
401157
322815 22
723973 10
1232 53
NATIONAL SURETY COMPANY NEW YORK CITY NEW YORK
Wm B Joyce President Samuel H Shriver Secretary
Home Office 115 Broadway New York City New York
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets December 31 of
previous year 1922445 28
Extended at 1922445 28
IIIncome
7 Gross premiums unpaid December 31 last year Fidelity
11448473 Surety 8636568 Burglary and Theft
4277206 total 243622 47
8 Gross premiums written and renewed during the year
Fidelity 86340636 Surety 75424497 Burglary and
Theft 29390393 total 1911555 26
9 Total Fidelity 97789109 Surety 84061065 Burg
lary and Theft 33667599 total 2155177 73648 ComptkolleeGenekals Repobt
10 Deduct gross premiums now in course of collection Fi
delity 12128913 Surety 10584407 Burglary and
Theft 5265927 total 279 79247
11 Entire premiums collected during the year Fidelity
85660196 Surety 73476658 Burglary and Theft
28401672 total 26
12 Deduct reinsurance return premiums and cancellations
Fidelity 15284449 Surety 8303168 Burglary and
Theft 5385252 total 289 728 69
13 Net cash actually received for premiums Fidelity 703
75747 Surety 65173490 Burglary and Theft 23o
1642 total 1585656 57
18 Total net cash actually received for premiums 1585656 57
22 Interest on bonds and dividends on stock 62898 72
25 Gross rents from companys property 4 542 02
26 Total interest and rents 67 440 74
27 Profit on sale or maturity of ledges assets viz
28 Increase of book value real estate 10 000 00
32 From all other sources viz
33 Miscellaneous income qjq qa
35 Suspense items 1906 2900117 1907
25067 12249 50
Total
12919 50
38 Total income 1676016 81
IIIDisbursements
1 Gross amount paid for losses Fidelity 205909 13
Surety 59899566 Burglary and Theft 7576577
total
880670 56
2 Deduct salvage and reinsurance Fidelity 74 865 92
Surety 34375287 Burglary and Theft 976486 total 428383 65
3 Net amount paid policyholders for losses Fidelity 131
04321 Surety 25524279 Burglary and Theft 66
00091 total
T 452286 91
4 Investigation and adjustment claims Fidelity 22
08582 Surety 2455988 Burglary and Theft 2
86602 total
49511 72
5 Totals Fidelity 15312903 Surety 27980267 Burg
lary and Theft 6886693 total 501 63ComptrollerGenerals Report
649
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Fidelity 13136209 Surety 12868387 Burglary and
Theft 6836450 total
19 Stockholders for interest or dividends amount declared
during the year 4000000
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
23 Inspections other than medical
24 Rents
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
viz
34 Bonds U S Govt coupons matured 712 50
328410 46
40000 00
184707 15
102581 52
18079 12
22408 53
1485 93
1298 64
34181 35
10106 35
5877 02
14398 01
20928 32
5470 10
Total 712 50
37 All other disbursements viz
38 Home Office expense 16127 57
39 Loss through agents et al 4582 91
40 Home office traveling expense 2193 46
41 Mileage account inspectors 594 70
42 Advanced to inspectors 990 16
Total 24488 80
46 Total disbursements 1316932 43
IVLedger Assets
1 Book value of real estate unincumbered 119654 15
2 Mortgage loans on real estate first liens 13834 82
4 Book value of bonds excluding interest 123424563
and book value of stocks 313875 total 1548120 63
5 Cash in companys office 3788895 branch offices 3
43514 deposited in banks and trust companies 417
04198 total 458366 07
6 Accounts receivable due from miscellaneous sources de
ducted in assets not admitted 2338 12650
CompteollebGenebals Eepobt
7 Other ledger assets viz
8 Cash in suspended banks carried at 90
per cent
9 Advanced on contracts
10 Due from railroads for inspection ontheir
lines
11 Munich Beinsurance Company
95800 73
29237 44
10351 76
3825 94
Total
Ledger assets
139215 87
2281529 66
NonLedger Assets
13 Interest accrued on bonds
23 On policies or renewals issued subsequent to October 1
Fidelity 10769464 Surety 6783688 Burglary and
Theft 5142617 total
24 On policies or renewals issued prior to October 1 Fi
delity 1359449 Surety 3800719 Burglary and
Theft 123310 total
7022 47
226957 69
52834 78
Total
37 Gross Assets
279792 47
2568344 60
Deduct Assets Not Admitted
2338 12
52834 78
39 Accounts receivable
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value viz
45 New York City bondsi
46 U S Government bonds
47 Penna Company bonds
48 Cincinnati Ohio Branch
Hospital bonds
49 Various railroad stock
86497 50
1560 63
1250 00
1950 00
44125 00
Total
135383 13
51 Admitted assets
VLiabilities
Total
2377788 57
1 Losses and claims in process of adjustment Fidelity
7514054 Surety 11631165 Burglary and Theft
1351585 total
190556 03
204968 04ComptrollerGenerals Report
651
2 Resisted Fidelity 2143876 Surety 8111303 Burg
lary and Theft 376064 total 106312 43
3 Total Fidelity 96579 30 Surety 19742468 Burg
lary and Theft 1727649 total 311280 47
14 Deduct reinsurance In process of adjustment 480686
Resisted 1444839 total 19256 25
15 Net unpaid claims except liability claims In process
of adjustment 20016118 resisted 9186304 total 292024 22
18 Total unpaid claims and expenses of settlement 292024 22
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 143689289
unearned premiums 50 per cent 718446 44
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 232573
05 unearned premiums pro rata 117978 64
21 Total unearned premiums 836425 08
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Fidelity 2020160
Surety 1010080 Burglary and Theft 1285654
total 43158 94
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 13783 50
27 Dividends due stockholders 10000 00
31 Reinsurance 520718 company surety 809987 total 13307 05
32 Advance premiums 100 per cent 5345 79
33 Other liabilities viz Contingent reserve for unadmitted
claims 8822379 reserve for tax on premiums pay
able 1908 2500000 loss and salvage items unable
to apply 664295 due for return premiums 67586
due for commissions 17876 total 120721 36
42 Total amount of all liabilities except capital 1334765 94
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 543022 63
46 Total liabilities 2377788 57
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Fidelity 755335 Surety 452272
Burglary and Theft 110477 total 13180 84
GroDs losses paid Fidelity 313426 Surety 114528
Burglary and Theft 14767 total 4427 21652 ComptrollekGenebais Eepoet
national casualty company of detroit michigan
David E Thomas President Franklin S Dewey Secretary
Home Office 422 Majestic Building Detroit Michigan
Wm A Wright Insurance Commissioner Attorney for Service in Georgai
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 157 601 76
Extended at
157601 76
IIIncome
1 Gross premiums unpaid December 31 of last year 800 00
2 Gross premiums written and renewed during the year 490 636 16
3 Total
4 Deduct gross premiums now in course of collection
5 Entire premiums collected during the year
6 Deduct reinsurance return premiums and cancellations
7 Net cash actually received for premiums
19 Policy fees required or represented by applications
20 Interest on mortgage loans 280 00
22 Interest on bonds and dividends on stock 5 231 05
491436 16
2900 00
488536 16
2776 85
26 Total interest and rents
32 From all other sources N Y Cas and Northern Ace
notes paid
38 Total income
IIIDisbursements
1 Gross amount paid for losses
2 Deduct salvage and reinsurance
3 Net amount paid policyholders for losses
I Investigation and adjustment of claims
485759 31
52924 00
5511 05
207 04
544401 40
188224 74
495 88
187728 86
1603 10
189331 96
5 Total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident and Health 96624 59
18 Policy fees retained by agents 52j664 36
19 Stockholders for interest or dividends amount declared
during the year 1600000 16000 0QComptrollerGenerals Report
653
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 41398 58
21 Salaries traveling and all other expenses of agents not
paid by commissions 83183 21
24 Rents 12383 71
27 All other taxes licenses and Insurance Department fees 8292 01
28 Legal expenses 3000 67
29 Advertising printing and stationery 12320 68
31 Postage and express 10816 63
32 Furniture and fixtures 2395 56
37 All other disbursements General expense 300805
traveling expense 229359 total 5301 64
46 Total disbursements 533713 60
IVLedger Assets
2 Mortgage loans on real estate first liens 8100 00
3 Loans secured by pledge of bonds stocks and other col
laterals 2650 00
4 Book value of bonds excluding interest 12400000 and
book value of stocks 790000 total 131900 00
5 Cash in companys office 375578 deposited in banks
2107559 total 24831 37
6 Bills receivable 100 00
7 Other ledger assets viz Agents debit balances secured 708 19
11 Ledger assets 168289 56
NonLedger Assets
12 Interest accrued on mortgages
13 Interest accrued on bonds
28 10
1861 63
18 Market value of stocks and bonds over book value
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907
1889 73
1373 00
2900 00
37 Gross assets 174452 29
VLiabilities
1 Losses and claims reported proofs not received 12500 00
19 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 4
15530 unearned premiums 50 per cent 2077 65
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident and Health 3500 00654
ComptrollerGenerals Report
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
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 45600 89
45 Surplus as regards polieyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year
Gross losses paid
6850 00
3923 75
28851 40
145600 89
174452 29
1364 65
566 06
NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY
OF NASHVILLE TENN
C A Craig President a R clommta Secretary
Principal Office Stahlman Building Nashville Tenn
Wm A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 150000 00
2 Amount of net or ledger assets December
31 of previous year 195588 05
Increase of capital during 1907 5000000 converted from
surplus
Extended at
IIIncome
1 Cash received for premiums on new policies without de
ductions for commissions or other expenses
2 Cash received for renewal premiums without deductions
for commissions or other expenses
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
11 Cash received for interest on other debts due the
19 From all other sources viz Profit and loss
company
Total
195588 05
14218 80
834260 15
848478 95
8527 60
732 50
81 85
520 37
858341 27ComptrollerGeneral s Eeport 655
IIIDisbursements
1 Cash paid for death claims including revisionary addi
tions 55712 06
3 Disability claims 224750 64
7 Total net amount actually paid for losses 280462 70
16 Cash paid stockholders for interest on dividends 22500 00
17 Cash paid for commissions and bonuses to agents 265760 70
18 Cash paid for salaries and allowances to managers and
agents 126456 57
19 Cash paid for medical examiners fees 424 27
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 30810 00
22 Cash paid for taxes on investments 2329 96
23 Cash paid for insurance department fees and agents
licenses 493681 municipal licenses 133284 total 6269 65
24 Cash paid for rent 10696 90
26 Cash paid for furniture fixtures and safes for home and
agency offices 3841 92
27 Cash paid for advertising 57363 printing 663545
total 7209 08
28 Cash paid for legal expenses 1132 35
29 Cash paid for the following items viz Agency super
vision traveling and all other expenses 23837 68
30 Postage and express 215441 profit and loss traveling
expenses and general expenses 911887 total 11273 28
31 Total disbursements 793005 06
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 1368 93
2 Loans on mortgage first liens on real estate 180861 92
3 Loans secured by pledge of bonds stocks or other market
able collaterals 12750 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 18825 27
7 Cash in companys office 7851 80
8 Cash deposited in banks 37839 71
9 Bills receivable 670 00
10 Agents ledger balances 1261 43
Stock and carriage 71700 accounts receivable 3
45561 total 4172 61
11 Total net or ledger assets as per balance above 265601 67
12 LiabilitiesAccounts 172924 deposits by agents in
lieu of bond 294817 total 4677 41
13 Total net or ledger assets less liabilities 260924 26656 CompteollekGtenekals Repokt
Other Assets
14 Interest due 52741 and accrued 2
57378 on mortgages 3101 19
15 Interest accrued on bonds and stocks 85 00
16 Interest due 36845 and accrued 199
23 on collateral loans 567 68
18 Interest due 2738 and accrued 380 on
other assets 31 18
Total
27 Furniture fixtures and safes
28 Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and safes 10228 72
3 Stock and carriage 71700 accounts re
ceivable 345561 total 4172 61
4 Cash advanced to or in the hands of offi
cers or agents 83915
5 Agents balances 1261 43
7 Bills receivable 670 00
Total
9 Total assets less items not admitted
VLiabilities
1 Net present value of all the outstanding policies in force
on the 31st day of December 1907 computed according
to combined experience with four per cent interest
2 Reserve disability business
Net reinsurance reserve
5 Claims for death losses in process of ad
justment or adjusted and not due 900 00
6 Claims for death losses and other policy
claims resisted by the company 660 00
Total policy claims
16 Amount of any other liability of the company viz Con
tingent reserve
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
3785 05
10228 72
274938 03
17171 91
257766 12
37118 98
11495 86
48614 84
1560 00
10000 00
60174 84
197591 28
257766 12ComptrollerGenerals Beport 657
Business in Georgia During 1907
Number and amount of policies on the lives of citizens
of Georgia issued during the year 200 8000 00
Deduct number and amount which have ceased to be in
force during the year 100 4000 00
Total number and amount of policies in force in
Georgia December 31 1907 100 4000 00
Amount of losses and claims on policies in Georgia incurred
and paid during the year 206 10
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 472 00
NEW YORK PLATE GLASS INSURANCE COMPANY OF NEW YORK
Alfred G White President G Carroll French Secretary
Home Office 42 Cedar Street New York City
A D McGaughey Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
687775 49
687775 49
IIIncome
1 Gross premiums unpaid December 31 last year
2 Gross premiums written and renewed during the year
91748 53
659695 03
3 Total 751433 56
4 Deduct gross premiums now in course of collection 114947 72
5 Entire premiums collected during the year 636495 84
6 Deduct reinsurance return premiums and cancellations 121341 87
7 Net cash actually received for premiums
20 Interest on mortgage loans
22 Interest on bonds and dividends on stock
23 Interest on deposit
515153 97
412 37
26262 64
634 03
26 Total interest and rents
27 Profit on sale or maturity of ledger assets Stocks
32 From all other sources Suspense account
38 Total income
42cg
27309 04
216 50
736 85
543416 36658
CoMPTKOLLEKGrElSrERAls EePOET
IIIDisbursements
1 Gross amount paid for losses
2 Deduct salvage and reinsurance
3 Net amount paid policyholders for losses
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance
19 Stockholders for interest or dividends amount declared
during the year 12 per cent
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
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
33 Loss on sale or maturity of leder assets Bonds 3906
stocks 798600 total
37 All other disbursements Suspense 30484 traveling ex
pense 64555 general expense 786330 total
222963 65
4806 62
218157 03
182439 34
24000 00
4623963
3701 25
7269 51
13513 43
516 35
801 60
2543 28
1616 65
504 16
8025 06
8813 69
46 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate other than first liens
4 Book value of bonds excluding interest 15423215 and
book value of stocks 52268732 total
5 Cash in companys office 207232 deposited in banks
2905908 total
11 Ledger assets
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907
20 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907
37 Gross assets
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value
518140 98
5000 00
676919 47
31131 40
713050 87
111388 36
3559 36
827998 59
3559 36
99511 47
103070 83
51 Admitted assets
724927 76ComptrollerGeneral s Report
VLiabilities
1 Losses and claims in process of adjustmentI
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 52812489
unearned premiums 50 per cent 264062 45
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 4138196
unearned premiums pro rata 21616 98
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907
28 Due and to become due for borrowed money
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 177856 47
45 Surplus as regards policyholders
46 Total liabilities I
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year I
Gross losses paid
659
16405 91
285679 43
38985 95
6000 00
347071 29
377856 47
724927 76
2880 36
2495 32
NORTH AMERICAN ACCIDENT INSURANCE CO OF CHICAGO ILL
E C Waller President A E Forrest Secretary
Home Office 217 LaSalle Street Chicago HI
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 balance
December 31 of previous year 445090 74
Extended at 445090 74660
ComptrollerGenerals Report
IIIncome
1 Gross premiums unpaid December 31 last year
2 Gross premiums written and renewed during the yea
31709 32
818984 10
3 Total
4 Deduct premiums now in course of collection
5 Entire premiums collected during the year
6 Deduct reinsurance return premiums and cancellations
7 Net cash actually received for premiums
19 Policy fees required or represented by applications
TO Interest on mortgage loans
21 Interest on collateral loans
22 Interest on bonds and dividends on stock
23 Interest on deposit
24 Interest from all other sources
3784 42
1549 25
12548 13
1148 60
20 00
850693 42
35250 32
815443 10
61129 65
754313 45
195580 00
26 Total interest
27 Profit on sale or maturity of ledger assets
19050 40
87 50
38 Total income
969031 35
IIIDisbursements
1 Gross amount paid for losses
2 Deduct salvage and reinsurance
3 Net amount paid policyholders for losses
4 Investigation and adjustment of claims
5 Total
14 Commissions or brokerage less amount received on return
premiums and reinsurance
18 Policy fees waived or retained by agents
19 Stockholders for interest or dividends amount declared
during the year 3000000
Salaries fees and all other compensation of officers di
rectors trustees and home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
22 Medical examiners fees and salaries
24 Bents
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
20
21
242645 09
5211 60
237433 49
4750 98
242184 47
264757 57
195580 00
30000 00
68705 44
26378 34
3320 90
11326 00
14529 45
145 25
1275 91
14011 61
17115 26ComptbollebGenebals Repobt
661
32 Furniture and fixtures
33 Loss on sale or maturity of ledger assets Bonds
37 All other disbursements
40 Decrease in book value bonds
42 Traveling expenses
46 Total disbursements j
IVLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest
5 Cash in companys office 305176 deposited in banks
6117868 total
7 Other ledger assets viz Cash in branch offices for cur
rent use 218817 cash due from agents 215147 total
11 Ledger assets
NonLedger Assets
12 Interest due 31450 and accrued 83518
on mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
1149 68
2031 53
504 18
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907
37 Gross assets
47 Due from agents
51 Admitted assets
Deduct Assets Not Admitted
VLiabilities
3004 60
129 70
9827 15
3023 69
905315 34
82016 67
52150 00
306070 00
64230 44
4339 64
508806 75
3685 39
35250 32
547742 46
2151 47
545590 99
1 Losses and claims in process of adjustment 17263 30
2 Losses and claims resisted 8301 97
3 Total 25565 27
19 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 206
07136 unearned premiums 50 per cent 103035 68
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 10575 00
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 1700 00
42 Total amount of all liabilities except capital 140875 95662 COMPTROLLERGtENERALs EePOET
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 204 715 04
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year
Gross losses paid
404715 04
545590 99
14878 20
4025 21
THE OCEAN ACCIDENT AND GUARANTEE CORPORATION LTD
OF LONDON ENGLAND
Oscar Ising General Manager for the United States
Principal Office in United States 350 Broadway New York City
A D McGaughey Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 2869095 90
Extended at
2869095 90
IIIncome
1 Gross premiums unpaid December 31 last year Ac
cident 3579769 Health 408950 Liability 153
87305 Steam Boiler 886573 Burglary and Theft
2045992 total
2 Gross premiums written and renewed during the year
Accident 40539682 Health 5030469 Liability 1
75526311 Steam Boiler 8156744 Burglary and
Theft 21401648 Credit 48575665 total 2 992 305 19
223085 89
3 Total Accident 44119451 Health 5439419 Liabil
ity 190913616 Steam Boiler 9043317 Burglary
and Theft 23447640 Credit 48575665 total 3215391 08
4 Deduct gross premiums now in course of collection Ac
cident 3498999 Health 897618 Liability 216
80436 Steam Boiler 1018761 Burglary and Theft
333192 t0tal 301290 06
5 Entire premiums collected during the year Accident
40620452 Health 4541801 Liability 169233180
Steam Boiler 8024556 Burglary and Theft 204
14448 Credit 48575665 total 2 914 1Q1 Q2ComptrollerGenerals Report
663
6 Deduct reinsurance return premiums and cancellations
Accident 11312864 Health 838104 Liability
33837020 Steam Boiler 2368360 Burglary and
Theft 6081225 Credit 271218 total
547087 91

7 Net cash actually received for premiums Accident
29307588 Health 3703697 Liability 135396160
Steam Boiler 5656196 Burglary and Theft 143
33223 Credit 48304447 total 2367013 11
22 Gross interest on bonds and dividends on
stocks 99561 93
23 Gross interest on deposits 3603 52
24 Gross interest from all other sources 827 80
26 Total gross interest 103993 25
36 Total income 2471006 36
IIIDisbursements
1 Gross amount paid for losses Accident 8265338
Health 1124768 Liability 52550144 Steam Boiler
91504 Burglary and Theft 2468877 Credit 210
39899 total 855405 30
2 Deduct salvage and reinsurance Accident 613596
Health 7952 Steam Boiler 2011 Burglary and
Theft 458557 Credit 2242995 total 33251 11
3 Net amount paid policyholders for losses Accident
7651742 Health 1116816 Liability 52550144
Steam Boiler 89493 Burglary and Theft 2010320
Credit 18796904 total 822154 19
4 Investigation and adjustment of claims Accident 15
63465 Health 180271 Liability 14818320 Steam
Boiler 272163 Burglary and Theft 802605 Credit
1200000 total 188368 24
5 Total Accident 9215207 Health 1297087 Liabil
ity 67368464 Steam Boiler 361656 Burglary and
Theft 2812925 Credit 19996904 total 1010522 43
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 9110229 Health 1012805 Lia
bility 31873119 Steam Boiler 1592839 Burglary
and Theft 4326245 Credit 11235651 total 591508 88
19 Interest on investments and dividends to home office 73716 55
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 119405 32
21 Salaries traveling and all other expenses of agents not
paid by commissions 31701 21664
CoMPTROLLERGrENERALs EePORT
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 telegraph telephone and express
32 Furniture and fixtures
35 All other disbursements viz
36 Surety bonds
37 Discount and exchange
2737388
12148 12
41735 66
1238 14
12688 15
19023 70
7441 28
7010 88
254 05
666 13
38 General expense fi U9 9
39 Profit and lossagents balances
14319 52
51381 94
41 Total disbursements
2006896 14
IVLedger Assets
4 Book value of bonds excluding interest
6 Deposited in trust companies and banks on interest
7 Deposited in trust companies anpd banks not on interest
8 Bills receivable
9 Other ledger assets viz Premium notes
3231759 36
74475 99
385 89
12209 38
14375 50
13 Ledger assets
3333206 12
NonLedger Assets
15 Interest accrued on bonds d
21 Gross premiums in course of collection on policiies or re
newals issued subsequent to October 1 1907 Accident
2942759 Health 822656 Liability 19630823
Steam Boiler 895446 Burglary and Theft 29 678 78
total
22 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907 Accident 5
56240 Health 74962 Liability 2049613 Steam
Boiler 123315 Burglary and Theft 65314 total
38933 95
272595 62
39 Gross assets
28694 44
3673430 13
Deduct Assets Not Admitted
12209 38
41 Bills receivable
45 Gross premiums in course of collection
written prior to October 1 1907
46 Book value of ledger assets over market
value viz Bonds
28694 44
322736 24
363640 06CoMPTROLLERGrENERAL s REPORT
VLiabilities
1 Losses and claims in process of adjustment Accident
3024100 Health 194030 Steam Boiler 525000
Burglary and Theft 786500 Credit on policies ex
piring prior to October 1907 200000 total
2 Losses and claims resisted Accident 650000 Burg
lary and Theft 10000 Credit on policies expiring
prior to October 1907 800000 total
5 Total Accident 3674100 Health 194000 Steam
Boiler 525000 Burglary and Theft 796500 Credit
on policies expiring prior to October 1907 1000000
16 Special reserve for unpaid liability losses
17 Special reserve for credit losses on policies expiring in
October November and December 1907 being 50 per
cent of 15568603 gross premiums received on said
policies less 4066183 paid during said months on
losses under said policies
665
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 181825050
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 186860
31 unearned premiums pro rata
909125 24
137458 71
4729600
14600 00
61896 00
524008 82
37181 19
623086 01
21 Total unearned premiums 1046583 95
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident 915198
Health 214585 Liability 4593612 Steam Boiler
253411 Burglary and Theft 896299 total
26 Salaries rents expenses bills accounts fees etc due
or accrued and State county and municipal taxes due
or accrued
33 Advance premiums 100 per cent
35 Additional Voluntary reserve for claims and contingen
cies 250000 00
43 Total amount of all liabilities except capital 2047086 01
68731 05
45000 00
13685 00
46 Surplus as regards policyholders 1262704 06
47 Total liabilities 3309790 07
666 ComptrollerGenerals Eeport
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 710024 Health 127398
Liability 1126722 Steam Boiler 70845 Burglary
and Theft 214110 Credit 1358437 total 36075 36
Gross losses paid Accident 104595 Health 84729
Liability 1254156 Steam Boiler 10857 Burglary
and Theft 1463123 total 29 174 60
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY
OF CALIFORNIA
Geo I Coehran President j N Bussell Jr Secretary
Home Office Pacific Mutual Life Building Corner Third and Hill Streets
Los Angeles California
IIIncome
4 Gross premiums unpaid December 31 last year Acci
dent 16976803 Health 1376497 total 183533 00
5 Gross premiums written and renewed during the year
Accident 96777873 Health 12797750 total 1095756 23
6 Total Accident 113754676 Health 14174247 total 1279289 23
7 Deduct gross premiums now in course of collection Ac
cident 20420686 Health 1593049 total 220137 35
8 Entire premiums collected during the vear Accident
93333990 Health 12581198 total 1059151 88
9 Deduct reinsurance return premiums and cancellations
Accident 26792477 Health 3329582 total 301220 59
10 Net cash actually received for premiums Accident 665
41513 Health 9251616 total 757931 29
18 Total net cash actually received for premiums 757931 29
19 Policy fees required or represented by applications 3soOO 00
31 Profit and loss no
03 Zo
36 Total income 796809 5
IIIDisbursements
1 Gross amount paid for losses Accident 250 240 99
Health 4889396 total 2ggiu 9g
2 Deduct salvage and reinsurance Accident 4 107 37
Health 137209 total 5479 4g
3 Net amount paid policyholders for losses Accident 246
3362 Health 4752187 total 293j655 4g
CoMPTROLLERGrENERAL s KePORT 667
4 Investigation and adjustment of claims Accident 2
09005 Health 620 total 2692 05
5 Totals Accident 24822367 Health 4812387 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 20711854 Health 2976894 total
18 Policy fees retained by agents
19 Stockholders for interest or dividends amount declared
during the year 62500
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 Bents including 160000 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
31 Postage telegraph telephone and express
32 Furniture and fixtures
35 All other disbursements viz
36 Dividends to policyholders
37 General expense
41 Total disbursements 756575 48
NonLedger Assets
21 Gross premiums in course of collection viz
1 On policies or renewals issued subsequent to Oct 1 1907
Accident 19648796 Health 1593049 total 212418 45
2 On policies or renewals issued prior to Oct 1 1907
Accident 546290 Health 2256 total 7718 90
Total 220137 35
36 Other nonledger assets viz
37 Reinsurance due from other companies 929 90
39 Gross Assets 221067 25
Deduct Assets Not Admitted
45 Gross premiums in course of collection written prior to
October 1 1907 7718 90
53 Admitted assets 213348 35
296347 L 54
236887 48
38000 00
62500 00
58168 73
10801 91
7872 65
514 00
6865 92
12530 15
3161 02
1386 86
12597 64
5851 42
738 72
448 92
1902 52
668 ComptrollerGenerals Eeport
VLiabilities
1 Losses and claims in process of adjustment Accident
15700 Health 1075 total 16775 0
2 Reported proofs not received Accident 15600 Health
1000 tow
4 Eesxsted Accent 0J
5 Total Accident 46700 Health 2075 total 48775 00
14 Deduct reinsurance In process of adjustment 4200
resisted 3500 total Q0
15 Net unpaid claims except liability claims in process of
adjustment 12575 reported proofs not received 16
600 resisted 11900 total 41fiJ5 QQ
19 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
61920443 unearned premiums 50 per cent 309 602 21
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 6287615 Health 509775 total 67j973 90
47 Total liabilities T
41865111
Business in the State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 587051 Health 1764 82
total
Gross losses paid Accident 92732 Health 40428 total J 331 60
PENNSYLVANIA CASUALTY COMPANY OF SCRANTON PENN
Thomas E Jones President T
1 H Kmgsbury Secretary
Home Offtce Corner Washington Ave and Spruce St Scranton Penn
Carl H King Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets December 31 of
previous year 4 15
3 Decrease of paidup capital during the year transferred
to surplus
Extended at 100000
458684 15 ComptbollebGenebal s Repoet 669
HIncome
4 Gross premiums unpaid December 31 last year Acci
i 1 dent 2290544 Health 875596 Liability 5548705
Plate Glass 1249639 Steam Boiler 171984 total 101364 68
jilJ 1 it 1 5 Gross premiums written and renewed during the year
Accident 15055824 Health 8087253 Liability
27930034 Plate Glass 8252807 Steam Boiler 13
1 6 50591 total 606765 09
i 1
Total Accident 17346368 Health 8962849 Liabil
III 1 ity 33478739 Plate Glass 9502446 Steam Boiler
1522575 total 708129 77
7 Deduct gross premiums now in course of collection Ac
fi 1 cident 1313644 Health 718177 Liability 59
76337 Plate Glass 1330536 Steam Boiler 141165
8 total 94798 59

0 1 Entire premiums collected during the year Accident
16032724 Health 8244672 Liability 27502402
Plate Glass 8171910 Steam Boiler 1381410 total 613331 18
4 1 9 Deduct reinsurance return premiums and cancellations Accident 3033855 Health 1395802 Liability 8311594 Plate Glass 1466661 Steam Boiler 215755
an 1 10 total 144236 67

Net cash actually received for premiums Accident
12998869 Health 6848870 Liability 19190808
Plate Glass 6705249 Steam Boiler 1165655 total 469094 51
s 18 469094 51
a 19 Policy fees required or represented by applications 9647 71
20 Interest on mortgage loans 150 00
22 Interest on bonds and dividends on stock 15574 69 v
23
s 24 26 27 Interest from all other sources 22 82 15847 15
f 1
Profit on sale or maturity of ledger assets viz
28 Toledo Fayette Western E R Co stock 400 00
31 38 96 30

495085 67
IIIDisbursements
1 Gross amount paid for losses Accident 6176360 Health 3341247 Liability 6539923 Plate Glass
Ili 2374323 Steam Boiler 500296 total 189321 49
670
ComptrollerGenerals Report
2 Deduct salvage and reinsurance Accident 54107
Health 9214 Plate Glass 67593 total
3 Net amount paid policyholders for losses Accident 61
22253 Health 3332033 Liability 6539923 Plate
Glass 2306730 Steam Boiler 500296 total
4 Investigation and adjustment of claims Accident
23761 Health 17464 Liability 1743905 Plate
Glass 1563 Steam Boiler 20 total
1309 14
18801235
17886 93
5 Totals Accident 6146014 Health 3349497 Liabil
ity 8283828 Plate Glass 2308293 Steam Boiler
502296 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 3438549 Health 1644842 Liability 56
57716 Plate Glass 2425467 Steam Boiler 345406
total
18 Policy fees retained by agents
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
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 and general expense
32 Furniture and fixtures
37 All other disbursements viz
38 Accounts charged off i 990 gg
39 Unclassified premiums 1906 1 940 05
Total
205899 28
135119 80
9647 71
31284 28
19831 72
1161 60
7581 55
6177 26
327 55
11222 93
6324 74
2605 21
7165 55
8539 02
1918 75
3930 94
46 Total disbursements 458737 g9
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens 2500
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest
38050 00
2500 00
2000 00
340004 50CompteolleeGenebals Report
671
5 Cash in companys office 126755 deposited in banks
8683369 total 88101 24
6 Bills receivable 2026 58
7 Other ledger assets viz
8 Agents accounts 22349 61
11 Ledger assets 495031 93
NonLedger Assets
12 Interest on mortgages
13 Interest on bonds
Interest on other assets
4 58
3406 65
242 77
Total
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1907 Accident 1122121 Health 671839 Liabil
ity 5813837 Plate Glass 1192842 Steam Boiler
110503 total
21 On policies or renewals issued prior to October 1 1907
Accident 191523 Health 46338 Liability 1625
Plate Glass 137694 Steam Boiler 30662 total
Total
37 Gross assets
3654 00
89111 42
5687 17
94798 59
593484 52
Deduct Assets Not Admitted
39 Bills receivable
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value viz
45 Accounts unsecured 12487 80
46 Market value of bonds be
low book value 22654 50
Total
Total
51 Admitted assets
VLiabilities
1242 58
5687 17
35142 30
1 Losses and claims in process of adjustment Accident
3842 65 Health 495675 Plate Glass 272780
total
42072 05
551412 47
11527 20672
ComptrollerGenerals Eeport
15 Net unpaid claims except liability claims
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 30060906
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 58
48105 unearned premiums pro rata
150304 52
34023 06
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 425453 Health 153072 Liability 16
17394 Plate Glass 300558 Steam Boiler 27422
total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
27 State county and municipal taxes due or accrued
200000 00
62653 41
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 612440 Health 2497 24
Liability 407080 Plate Glass 329663 total
Gross losses paid Accident 245561 Health 159233
Liability 65840 Plate Glass 108725 total
11527 20
61695 90
73223 10
184327 58
25238 99
969 39
5000 00
42 Total amount of all liabilities except capital 288759 06
43 Capital actually paid up in cash
44 Surplus over all liabilities
262653 41
551412 47
15989 07
5793 59COMPTROLLERGrENERAL s EEPORT 673
PHILADELPHIA CASUALTY COMPANY OF PHILADELPHIA PENN
Kobt B Armstrong President Robt G Hazeldine Secretary
Home Office Fidelity Building 116 North Broad St Philadelphia Penn
Craig Cofield 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 635108 35
Extended at 635108 35
IIIncome
4 Gross premiums unpaid December 31 last year Acci
dent 2379417 Health 1362756 Liability 48
37117 Plate Glass 2600398 Steam Boiler 729449
Credit 1990547 total 138996 84
5 Gross premiums written and renewed during the year
Accident 19403703 Health 8475770 Liability
27683760 Plate Glass 15620115 Steam Boiler
1582804 Credit 21165557 total 939317 09
6 Totals Accident 21783120 Health 9338526 Liabil
ity 32520877 Plate Glass 18220513 Steam Boiler
2312253 Credit 23156104 total 1078313 93
7 Deduct gross premiums now in course of collection Ac
cident 1922462 Health 1467666 Liability 48
34208 Plate Glass 2820940 Credit 5342549 total 163878 25
8 Entire premiums collected during the year Accident
19860658 Health 8370860 Liability 27686669
Plate Glass 15399573 Steam Boiler 2312253
Credit 17813555 total 914435 68
9 Deduct reinsurance return premiums and cancellations
Accident 5784043 Health 2492619 Liability 94
04678 Plate Glass 3849960 Steam Boiler 2514364
Credit 5106805 total 291524 69
10 Net cash actually received for premiums Accident
14076615 Health 5878241 Liability 18281991
Plate Glass 11549613 Steam Boiler 202111 Credit
12706750 total
18 Total net cash actually received for premiums
43cg
622910 99
622910 99

674
ComptrollerGenerals Report
20 Interest on mortgage loans 2219 82
21 Interest on collateral loans 417 49
22 Interest on bonds and dividends on stock 12683 77
23 Interest on deposit 1411 39
24 Interest from all other sources 245 51
26 Total interest
32 From all other sources viz
33 Special premium reserve nonadmitted re
insuring companies
34 Contributions to surplus June 15th 1908
1153 26
75000 00
Total income
38 Total income
5 Totals Accident 5342433 Health 1935105 Liabil
ity 6116908 Plate Glass 5580376 Steam Boiler
15682 Credit 4637369 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following lasses
15 Accident 4088846 Health 1540650 Liability 40
87648 Plate Glass 3709903 Steam Boiler 429826
Credit 4327371 total
19 Stockholders for interest or dividends amount declared
during the year
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
16977 98
76153 26
716042 23
IIIDisbursements
1 Gross amount paid for losses Accident 5278076
Health 18129 Liability 4280372 Plate Glass 56
01586 Steam Boiler 15682 Credit 4514688 total 215033 04
2 Deduct salvage and reinsurance Accident 59633
Health 1785 Plate Glass 21210 Credit 51411
total 1340 39
Net amount paid policyholders for losses Accident
5218443 Health 1811115 Liability 4280372
Plate Glass 5580376 Steam Boiler 15682 Credit
4463277 total 213692 65
Investigation and adjustment of claims Accident 1
23990 Health 123990 Liability 1836536 Credit
174092 total 22586 08
236278 73
173245 92
13408 50
40774 24
76917 73
1513 47
11584 76
9901 64CompteollebGenekals Report 675
27 All other taxes licenses and insurance department fees 13915 87
28 Legal expenses 18867 06
29 Advertising 2650 79
30 Printing and stationery jq 73 30
31 Postage and express 7 75g gy
33 Loss on sale or maturity of ledger assets viz
34 Old agents balances uneolleetable 2160 44
35 Bills receivable uneolleetable 510 43
36 Bond adjustment account 4 062 38
Total 6733 25
37 All other disbursements viz
38 Contingent commission 2 420 87
46 Total disbursements 626 702 80
IVLedger Assets
2 Mortgage loans on real estate first liens 68550 00
4 Book value of bonds excluding interest 575 648 39
5 Cash in companys office 141238 deposited in banks
5391488 total 55327 26
6 Bills receivable premium notes 1 903 22
7 Other ledger assets viz
8 Agents balances 8509 68
9 Furniture and fixtures 12 722 37
10 Petty cash in branch offices 1786 86
Total 23018 91
11 Ledger assets 724447 78
NonLedger Assets
12 Interest accrued on mortgages 841 56
13 Interest accrued on bonds 7 576 19
15 Interest accrued on other assets 225 00
Tota 8642 75
20 On policies or renewals issued subsequent to October 1
1907 Accident 1878062 Health 1450516 Liabil
ity 4739355 Plate Glass 2779262 Credit 53
42549 total 161897 44
21 On policies or renewals issued prior to October 1 1907
Accident 440 Health 17150 Liability 94853
Plate Glass 41678 total 1 980 81
Total 163878 25
34 Other nonledger assets viz
35 Account purchased on payment of credit loss 4430 33
37 Gross assets 901399 11676
ComptkollebGenekais Report
Deduct Assets Not Admitted
39 Bills receivable premium notes over 90
days old
40 Furniture and fixtures
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value viz
45 Depreciation in bonds 34636 93
46 Depreciation in city trust
account 191796 480 00
47 Agents balances 8509 68
48 Petty cash in branch offices 1786 86
263 22
12722 37
1980 81
Total
Total
51 Admitted assets
45413 47
VLiabilities
60379 87
841019 24
1 Losses and claims adjusted Accident 108162 Health
56080 total 1642 42
2 Losses and claims in process of adjustment Accident
675907 Health 302596 Plate Glass 356706
Credit 2657 total
3 Reported proofs not received Accident 310 Health
920 total
4 Resisted Accident 2000 Health 250 Credit 14
025 total
5 Total Accident 1015069 Health 475676 Plate
Glass 356706 Credit 1405157 total
14 Deduct reinsurance reported proofs not received
15 Net unpaid claims except liability claims adjusted 1
64242 in process of adjustment 1337866 reported
proofs not received 1205 resisted 16275 total
16 Special reserve for unpaid liability losses
17 Special reserve for credit losses on policies expiring in
October November and December 1907 being 50 per
cent of 5299577 gross premiums received on said
policies less 1257562 paid during said months on
losses under said policies 13 722 26
13378 66
1230 00
16275 00
32526 08
25 00
32521 08
59752 68
18 Total unpaid claims and expenses of settlement 105976 02CoMPTBOLLEEGrENEKAL s EePOKT
677
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 61183617 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1941432
unearned premiums pro rata i
305918 08
11322 08
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 525857 Health 377134 Liability 995301
Plate Glass 889363 Credit 1043360 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 300000 00
44 Surplus over all liabilities 66637 20
45 Surplus as regards policyholders
46 Total liabilities
317240 16
38310 15
12200 00
655 71
474382 04
366637 20
841019 24
PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK
Kimball C Atwood President Wilfred 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 December 31 of
previous year 1450721 32
Extended at 1450721 32
IIIncome
4 Gross premiums unpaid December 31 last year Acci
dent 14227051 Health 2845410 total 170724 61678
ComptrollerGenerals Eeport
5 Gross premiums written and renewed during the year
Accident 139208979 Health 25799825 total
6 Total Accident 153436030 Health 28645235 tntaH
7 Deduct gross premiums in course of collection Acci
dent 14482528 Health 3620632 total
8 Entire premiums collected during the year Accident
138953502 Health 25024603 total
9 Deduct reinsurance return premiums and cancellations
Accident 18899361 Health 4760372 total
10 Net cash actually received for premiums Accident 1
20054141 Health 20264231 total
18 Total net cash actually received for premiums
22 Interest on bonds and dividends on stock 52121 55
23 Interest on deposit 2 079 80
26 Total interest
1650088 04
1820812 65
181031 60
1639781 05
236597 33
1403183 72
1403183 72
54201 35
38 Total income 1457385 07
IIIDisbursements
1 Gross amount paid for losses Accident 40973609
Health 7301324 total 482 749 33
2 Deduct salvage and reinsurance Accident 743 69
3 Net amount paid policyholders for losses Accident
40899240 Health 7301324 total 482005 64
4 Investigation and adjustment of claims Accident 6
28493 Health 500 total 6 784 93
5 Totals Accident 41527733 Health 7351324 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 40258809 Health 6292851 total
19 Stockholders for interest or dividends amount declared
during the year 84000
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 Eents
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
488790 57
465516 60
84000 00
114463 74
30202 48
15219 37
406 00
14815 18
27364 99
7383 11
6805 51ComptrollerGenerals Eeport
679
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
33 Loss on sale or maturity of ledger assets viz
34 Bonds 34 70
35 Interest on bonds purchased 1123 61
Total
37 All other disbursements viz
38 Telegrams exchange car fare and petty
office expenses kept as one account
40 Exchange on bonds purchased
8091 97
8380 53
1043 10
1158 31
1313 09
31 26
Total
46 Total disbursements
6344 35
IVLedger Assets
4 Book value of bonds excluding interest 129997393
and book value of stocks 18849436 total
5 Cash in companys office 156790 deposited in banks
13808439 total
1279985 81
1488468 29
139652 29
11 Ledger assets 1628120 58
NonLedger Assets
13 Interest on bonds 9917 61
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1907 Accident 13254489 Health 3313644 total 165681 33
21 On policies or renewals issued prior to October 1 1907
Accident 1228022 Health 307005 total 15350 27
Total 181031 60
37 Gross assets 1819069 79
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1907
44 Book value of ledger assets over market
value viz
45 Book value of bonds and
stocks 1488468 29
46 Market value of bonds and
stocks 1357575 00
15350 27
Total
130893 29
Total
146243 56
51 Total assets 1672826 23680
ComptbollerGtenebals Eepobt
VLiabilities
1 Losses and claims in process of adjustment Accident
2150714 Health 4786 total
2 Reported proofs not received Accident 71300 Health
9563 total
3 Resisted Accident 18725 Health 300 total
4 Total Accident 11153214 Health 991086 total
14 Deduct reinsurance reported proofs not received
21555 00
80863 00
19025 00
121443 00
2500 00
15 Net unpaid claims except liability claims in process of
adjustment 21555 reported proofs not received 78
363 resisted 19025 total
18 Total unpaid claims and expenses of settlement
19 Grop premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 116955704
unearned premiums 50 per cent 584 778 52
118943 00
118943 00
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 3283825 Health 673913 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
27 Dividends due stockholders
29 State county and municipal taxes due or accrued
31 Reinsurance
32 Advance premiums 100 per cent
33 Other liabilities viz
34 Reserve for contingent installment policies
584778 52
39577 38
225 00
7000 00
22140 49
720 84
3495 00
111286 00
42 Total amount of all liabilities except capital 888166 23
43 Capital actually paid up in cash 350000 00
44 Surplus over all liabilities 434660 00
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 819585 Health 1091 total
Gross losses paid Accident 891283 Health 42143 total
784660 00
1672826 23
9286 85
9334 26CoMPTKOLLERGeNEKAL s REPORT 681
ROME INDUSTRIAL LIFE INSURANCE COMPANY OF ROME GA
Sproull Fouchi President John Graham Secretary
Principal Office Rome Ga
William A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Extended at
IIIncome During Six Months 1907
100000 00
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
4258 24
7 Total premium income
8 Cash received for interest on mortgage loans
18 Money borrowed
19 From all other sources viz Sale of renewal contract
and deposited by stockholder to create surplus
7 Total net amount paid for losses
Total paid policyholders 863 87
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
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on new premiums
23 Cash paid for insurance department fees and agents
licenses 105 municipal licenses 85 total
24 Cash paid for rent including 34510 for companys oc
cupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 26750 printing 212491
total
4258 24
510 76
5000 00
13671
Total income 23440 00
IIIDisbursements Six Months 1907
1 Cash paid for death claims including re
visionary additions 317 00
5 Sick benefit claims 546 87
863 87
1887 41
3920 0
64 23
2648 17
86 00
190 00
345 10
1208 48
2392 n
682 ComptkollehGenebals Report
29 Cash paid for the following items viz
Incidental office 4q9 85
Traveling expense 937 15
Total
Total miscellaneous expenses 14138 86
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 interest
at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances of which 4352 was advanced
during the year
11 Total net or ledger assets
Other Assets
14 Interest accrued on mortgages 2 431 38
15 Interest accrued on bonds and stocks 112 50
Total carried out
27 Furniture fixtures and safes
28 Total assets
Items Not Admitted
2 Furniture fixtures and safes 1 208 43
5 Agents balances 43 52
Total
9 Total assets
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1907 computed according to the
Am Exp table of mortality with 3
percent interest g9 03
Net reinsurance reserve
1397 00
15002 73
94700 96
5450 00
34 65
8208 14
43 52
108437 27
2543 88
1208 43
112189 58
1251 95
110937 63
979 03ComptrollerGeneral s Report 683
13 Amount due on account of salaries rents and office ex
penses 677 36
14 Amount due by the company for borrowed money 5000 00
17 Liabilities on policyholder s account 6656 39
18 Gross surplus on policyholders account 4281 24
19 Total liabilities 10937 63
THE STANDARD LIFE AND ACCIDENT INSURANCE COMPANY OP
DETROIT MICHIGAN
Lem W Bowen President E A Leonard Secretary
Home Office Penobscot Building Detroit Mich
Richard W Joyner Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets December 31 of
previous year 2319737 26
Extended at 2319737 26
IIIncome
4 Gross premiums unpaid December 31 last year Acci
dent 19934973 Health 2820918 Liability 99
28163 workmens collective 581120 total 332651 74
5 Gross premiums written and renewed during the year
Accident 128492979 Health 13636168 Liability
104543124 workmens collective 5129976 total 2518022 47
6 Total Accident 148427952 Health 16457086
Liability 114471287 workmens collective 57
11096 total 2850674 21
7 Deduct gross premiums now in course of collection Ac
cident 18129591 Health 2736478 Liability 140
42919 workmens collective 610701 total 355196 89
8 Entire premiums collected during the year Accident
130298361 Health 13720608 Liability 1004
28368 workmens collective 5100395 total 2495477 32684
ComptrollerGenerals Eeport
9 Deduct reinsurance return premiums and cancellations
Accident 27601363 Health 3209241 Liability
10532440 Workmens Collective 300537 total
416435 81
10 Net cash actually received for premiums Accident 1
02696998 Health 10511367 Liability 89895928
workmens collective 4799858 total 2079041 51
18 Total net cash actually received for premiums 2079041 51
19 Policy fees required or represented by applications 20954 00
20 Interest on mortgage loans 29 382 71
21 Interest on collateral loans i 441 67
22 Interest on bonds and dividends on stock 75 163 84
24 Interest from all other sources 2 204 44
26 Total interest
38 Total income
108192 66
2208188 17
IIIDisbursements
1 Gross amount paid for losses Accident 436402 73
Health 3771975 Liability 32918997 Workmens
Collective 2472110 total
2 Deduct salvage and reinsurance Accident
3 Net amount paid policyholders for losses Accident
42507838 Health 3771975 Liability 32918997
Workmens Collective 2472110 total
4 Investigation and adjustment of claims Accident 8
88425 Health 28285 Liability 10698404 total
5 Total Accident 43396263 Health 3800260 Liabil
ity 43617401 Workmens Collective 2472110
total
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident 30441256 Health 3503789 Liability
20885751 Workmens Collective 1319960 total
18 Policy fees retained by agents
19 Stockholders for interest or dividends amount declared
during the year 4500000
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and all other expenses of agents
23 Inspections other than medical
24 Rents
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
30 Printing and stationery
828033 55
11324 35
816709 20
116151 14
932860 34
561507 56
20954 00
45000 00
99576 93
107126 17
14129 67
17325 61
298 66
57758 06
16503 16ComptrollerGeneral s Beport
685
31 Postage and express
32 Furniture and fixtures
37 All other disbursements Sundry small expenses
17706 70
2357 20
1951 60
46 Total disbursements 1906597 17
IVLedger Assets
1 Book value of real estate unincumbered 25350 00
2 Mortgage loans on real estate first liens 510850 00
3 Loans secured by pledge of bonds stocks or other col
laterals 50000 00
4 Book value of bonds excluding interest 1893760 58
5 Cash in companys office 265438 deposited in banks
13871330 total 141367 68
11 Ledger assets 2621328 26
NonLedger Assets
12 Interest due 68342 and accrued 7117
61 on mortgages
13 Interest accrued on bonds
15 Interest accrued on other assets
7801 03
17351 70
102 33
18 Market value of bonds and stocks over book value
19 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Accident
17280570 Health 2607864 Liability 13382902
Workmens Collective 610701 total
20 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907 Accident 8
49021 Health 128614 Liability 660017 total
Deduct Assets Not Admitted
25255 06
18564 42
338820 37
16376 52
43 Gross premiums in course of collection
written prior to October 1 1907
16376 52
16376 52
51 Admitted assets 3003968 11
VLiabilities
1 Losses and claims adjusted Accident 1615743 Health
182557 Workmens Collective32576 total
2 Losses and claims in process of adjustment Accident
2193750 Health 272475 Workmens Collective
63458 total
18308 76
25296 83686
ComptrollerGenerals Report
3 Losses and claims reported proofs not received Acci
dent 7086742 Health 598733 Workmens Collec
tive 103966 total
4 Losses and claims resisted Accident
5 Total Accident 14591235 Health 1053765 Work
men s Collective 200000
16 Special reserve for unpaid liability
797251 14
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 159450229
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 4252528
unearned premiums pro rata 29694 84
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907 viz Accident 51754 96
Health 869288 Liability 3104833 Workmens Col
lective 167942 total
26 Salaries rents expenses bills
or accrued
27 State county and municipal taxes due or accrued
30 Return premiums and cancellations
31 Reinsurance
33 Other liabilities viz Reserve for contingencies inad
dition to all liabilities
Is accounts fees etc due
77894 41
36950 00
158450 00
528485 85
686935 85
826945 98
93175 59
8213 57
35786 43
15983 87
5859 19
50000 00
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 50o000 00
44 Surplus over all liabilities 781 067 63
1722900 48
45 Surplus as regards policyholders
46 Total liabilities
1281067 63
3003968 11
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed during
he year Accident 1721152 Health 274149 Lia
bihty 1740 total
Gross losses paid Accident 665395 Health 51821 Lia
bihty 171885 total
19970 41
8891 01ComptrollerGenerals Repokt
687
THAMES MERSEY MARINE INSURANCE COMPANY LTD
OF LIVERPOOL ENGLAND
H K Fowler United States Manager
Principal Office in United States 8292 Beaver Street New York City
A L Farie Savannah Attorney for Service in Georgia
1Capital Stock
1 Deposit capital paid up in
cash 310000 00
2 Amount of ledger assets as per balance
December 31 of previous year 766001 55
Extended at
766001 55
IIIncome
1 Gross premiums 647989 81
2 Deduct reinsurance rebate abatement and
return premiums 137479 96
3 Total premiums other than perpetual
7 Interest on bonds and dividends on stocks
12 From all other sources Received from home office Liver
pool 16496200 from adjusters and other salvages
etc account Liverpool 2009223 total
510509 85
24038 75
185054 23

13 Total income 719602 S3
IIIDisbursements
1 Gross amount paid for losses including 22845400 occur
ring in previous years 614314 46
2 Deduct amount received for salvage 3813394 and for
reinsurance in other companies 7702974 total 115163 68
3 Net amount paid for losses 499150 78
8 Commissions or brokerage 57372 25
9 Salaries fees and all other charges of officers clerks
agents and other employees 31432 17
10 Rents 5750 00
13 All other taxes licenses and insurance department fees 15019 27
15 All other disbursements
Allowances to local agencies for miscellaneous agency
expenses 5110 48
Advertising 15000 printing and stationery 165108 1801 08
Postage cablegrams telephone charges etc 3215 62
Legal expenses 4000 furniture and fixtures 10000 140 00
Underwriters boards and Maritine Associations 2158 24688 ComptrollerGenerals Eeport
Inspections and surveys 343 7
Traveling expenses electrical work typewriter repairs
and petty office expenses 1 258 04
Home office Liverpool remitted 40 262 50
Home office bonds at book value trans
ferred 20475 00
Home office claims etc paid for acct 29507 38
90244 88
16 Total disbursements 712996 28
IVLedger Assets
4 Book value of bonds excluding interest 41092050 and
stocks 26066300 total 671583 50
5 Cash in companys office 6950 deposited in bank 3
96122 total 4030 72
6 Agents balances representing business written subse
7 AqUt0ber11905 96413 36
7 Agents balances representing business written prior to
Ct0ber 1905 58052
11 Total ledger assets 772608 10
NonLedger Assets
13 Interest due 235000 and accrued 142082 on bonds 3770 82
21 Gross assets A
0 776378 92
Z5 Agents balances representing business
written prior to October 1 1905 580 52
28 Depreciation from book value of ledger
assets to bring same to market value 112 933 50
29 Total
113514 02
30 Total admitted assets 662864 90
VLiabilities
2 Gross claims for losses in process of adjustment or in
suspense including all reported and supposed losses 182 241 00
5 Deduct reinsurance due or accrued 1534g 0Q
6 Net amount of unpaid losses and claims 166 893 00
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
4645891 unearned premiums fifty per
Cent 23229 45ComptrollerGeneral s Report 689
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 4616911
unearned premiums 100 per cent 46169 11
12 Total unearned premiums as computed above 69398 56
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued 16963 70
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 2534 17
21 Reinsurance premiums 12264 62
24 Total amount of all liabilities except capital 268054 05
25 Deposit capital actually paid up in cash 310000 00
26 Surplus over all liabilities 84810 85
27 Surplus as regards policyholders 394810 85
28 Total liabilities 662864 90
Business in the State of Georgia During the Year 1907
Risks written 1523500 00
Gross premiums received excluding only 10925 of cancella
tions 425852
Lossespaid 5340 92
THE TITLE GUARANTY SURETY COMPANY OF SCRANTON PA
Louis A Watres President John H Law Secretary
Home Office 516 Spruce Street Scranton Pa
A Shulhafer Savannah Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 800000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1538602 77
3 Increase of paidup capital during the year
7000 surplus 5250 total 12250 00
Extended at 1550852 77
44cg690
ComptrollerGenerals Report
IIIncome
1 Gross premiums unpaid December 31 last year Surety
15840264 Title 132617 total
2 Gross premiums written and renewed during theyear
Surety 77550136 Title 93325 total
3 Total Surety 93390400 Title 225942 total
4 Deduct gross premiums now in course of collection Sur
ety 16696661 Title 108212 total
159728 81
776434 61
5 Earumr1ollected during the year suret 76v
93739 Title 117730 total
6 Deduct reinsurance return premiums and cancellations
Surety
7 Net cash actually received for premiums
20 Gross interest on mortgage loans
21 Gross interest on collateral loans
22 Gross interest on bonds and dividends on
stocks
23 Gross interest on deposits
24 Interest from all other sources
25 Gross rents from companys property in
cluding 300000 for companys occu
pancy of its own buildings
7956 25
5177 16
48161 35
935 88
15 44
4200 00
936163 42
168048 73
768114 69
138150 26
629964 43
26 Total gross interest and rents
31 Title department search fees commissions etc
36 Total income
66446 08
1892 34
698302 85
HIDisbursements
1 Gross amount paid for losses
2 Deduct salvage and reinsurance
243850 59
48672 97
3 Net amount paid policyholders for losses J
14 Commissions or brokerage less amount received on return
premiums and reinsurance
19 Stockholders for interest or dividendsamountdeclared
during the year 4758000
20 Salaries fees and all other compensation of office d
rectors trustees and home office employees
smSraiotherexpensesofa
2 Rrb300 PocpancyoV its
5 XenT HCeDSeS aDd Pariment fees
195177 62
185482 41
47580 00
41727 97
49607 21
5499 96
17324 23
17847 99ComptbollebGeneeals Bepobt 691
29 Advertising 1429 7
30 Printing and stationery 10127 16
31 Postage telegraph telephone and express 6773 80
35 All other disbursements General expenses 4813331
premiums charged to profit and loss account 184920
total 49982 51
41 Total disbursements 628559 93
IVLedger Assets
1 Book value of real estate unincumbered 90000 00
2 Mortgage loans on real estate first liens 134654 05
3 Loans secured by pledge of bonds stocks or other col
laterals 98225 00
4 Book value of bonds excluding interest 1106424 49
5 Cash in companys office 4206 14
6 Deposited in trust companies and banks on interest 79595 01
8 Bills receivable 4276 87
10 Advances on contracts 57152 71
11 Miscellaneous assets 29538 79
12 Receivers certificate German Bank Buf
falo N Y 16522 63
103214 13
13 Ledger assets 1620595 69
NonLedger Assets
14 Interest accrued on mortgages 1198 55
15 Interest accrued on bonds 9784 78
10983 33
21 Gross premiums in course of collection on policies or re
newals issued subsequent to October 1 1907 Surety
15881343 Title 45887 total 159272 30
22 Gross premiums in course of collection on policies or re
newals issued prior to October 1 1907 Surety 8153
18 Title 62325 total 8776 43
39 Gross assets 1799627 75
Deduct Assets Not Admitted
41 Bills receivable 4276 87
45 Gross premiums in course of collection
written prior to October 1 1907 8776 43
47 Bonds 93289 49
106342 79
53 Admitted assets 1693284 96692
ComptbollebGenerals Repoet
VLiabilities
1 Losses and claims in process of adjustment
2 Losses and claims reported proofs not received
3 Losses and claims resisted
12 Expense of settlement estimated
13400 47
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1907
26 Salaries rents expenses bills accounts fees etc due
or accrued
27 State county and municipal taxes due or accrued
32 Reinsurance
43 Total amount of all liabilities except capital
44 Capital actually paid up in cash 800 000
45 Surplus over all liabilities 3945 38
46 Surplus as regards policyholders
47 Total liabilities
4047 34
52358 72
69797 52
1000 00
18 Total unpaid claims and expenses of settlement 127203 58
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 58943869
unearned premiums 50 per cent 294 719 34
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1930094
unearned premiums pro rata
Business in State of Georgia During 1907
Gross premiums received on risks written
the year
Gross losses paid
or renewed during
308119 81
33315 81
1000 00
4079 20
25550 18
499268 58
1194016 38
1693284 96
4362 95
5996 18COMPTROLLERGrENERAL s EEPORT 693
THE TRAVELERS INSURANCE COMPANY OP HARTFORD CONN
Sylvester C Dunham President Louis E Butler Secretary
Home Office 700 Main 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 10926414 40
Extended at 10926414 40
IIIncome
1 Entire premiums collected during the year Accident
342934509 Health 33470078 Liability 5397
07094 total 9161116 81
2 Deduct reinsurance return premiums and cancellations
Accident 25000864 Health 2533025 Liability
35131103 total 626649 92
3 Net cash actually received for premiums Accident 3
17933645 Health 30937053 Liability 50455991
total
21 Gross interest on collateral loans 3057 97
22 Gross interest on bonds and dividends on
stocks 494027 64
23 Gross interest on deposits 34250 85
24 Gross interest from all other sources 1554 07
8534466 89
26 Total gross interest
28 Gross profit on sale or maturity of ledger assets viz
Bonds 5147679 stocks 5000000 total
532890 53
101476 79
36 Total income 9168834 21
IIIDisbursements
1 Gross amount paid for losses Accident 132033803
Health 14232747 Liability 148738186 total 2950057 36
2 Deduct salvage and reinsurance Accident 1784136
Health 291858 total 20759 94
3 Net amount paid policyholders for losses Accident 1
30249667 Health 13940889 Liability 148739186
total 2929297 42
4 Investigation and adjustment of claims Accident 19
93078 Health 6160 Liability 89279556 total 912787 94
5 Totals Accident 132242745 Health 13947049 Lia
bility 238018742 total 3842085 36694
COMPTBOLLER GENERAL s REPORT
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 94625235 Health 7856671 Liability 1
13701980 total
19 Stockholders for interest or dividends amount declared
during the year 25000000
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
21 Salaries traveling and all other expenses of pay roll
auditors
22 Medical examiners fees and salaries
23 Inspections other than medical
24 Eents including 4755107 for companys occupancy of
its own buildings
26 Taxes on capital stock
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage telegraph telephone and express
32 Furniture and fixtures
33 Gross loss on sale or maturity of ledger assets viz
Bonds 637644 stocks 22539 99 total
35 All other disbursements
36 Miscellaneous items
37 Profit and loss
41 Total disbursements
2161838 86
250000 00
286360 75
378747 17
79268 29
26002 83
114696 98
102105 25
67430 00
133059 66
5042 06
38170 50
62795 20
60755 63
94739 13
28916 43
32464 51
338 46
7764817 07
IVLeder Assets
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest 703084181
and book value of stocks 316526901 total
5 Cash in companys office
6 Deposited in trust companies and banks on interest
7 Deposited in trust companies and banks not on interest
8 Bills receivable
9 Other ledger assets viz Agents debit balances
13 Ledger assets
1339522 54
10196110 82
5695 00
670785 38
62207 07
7467 08
48643 65
T2330431 54
NonLedger Assets
15 Interest accrued on bonds
16 Interest accrued on collateral loans
102122 54
21280 77
123403 31
39 Gross assets
12453834 8541
42
46
53
ComptrollerGenerals Report
Deduct Assets Not Admitted
Bills receivable 7467 08
Agents debit balances 48643 65
Book value of ledger assets over market
value viz Bonds 61418181 stocks
590614 total 620087 95
695
676198 68
o
16
18
19
21
21
26
27
35
43
44
45
Admitted assets 11777636 17
VLiabilities
Losses affd claims adjusted Accident 291421 Health
20321 Total 3117 42
Losses and claims in process of adjustment Accident 101145 00
Losses and claims reported proofs not received Acci
dent 132485 97 Health 2245250 total 154938 47
Losses and claims resisted Accident 36600 00
Total Accident 27314518 Health 2265571 total 295800 89
Special reserve for unpaid liability losses
Total unpaid claims and expenses of settlement
Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 569169167
unearned premiums 50 per cent 2845845 84
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 249133
91 unearned premiums pro rata 538447 90
Total unearned premiums
Salaries rents expenses bills accounts fees etc due or
accrued
State county and municipal taxes due or accrued
Special reserves
3384293 74
35000 00
50000 00
158394 98
Total amount of all liabilities except capital
Capital actually paid up in cash 1000000 00
Surplus over all liabilities 2836024 13

46 Surplus as regards policyholders
3836024 13
47 Total liabilities696
ComptrollerGenerals Eepoet
Business in Georgia During 1907
Gross premiums on risks written or renewed during the year
Accident 6382947 Health 870735 Liability 29
03805 total j
Gross losses paid Accident 3149402 Health 306864
Liability 1471605 total
101574 87
49278 71
THE TRAVELERS INDEMNITY COMPANY OP HARTPORD CONN
Sylvester C Dunham President John L Way Secretary
Home Office 56 Prospect Street Hartford Conn
Wm A Wright Atanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up in cash 250j000 00
IIIncome
1 Entire premiums collected during the year Accident
554732 Health 20425 total 5 751 57
2 Deduct reinsurance return premiums and cancellations
Accident 147525 Health 7000 total 1 545 25
3 Net cash actually received for premiums Accident 4
07207 Health 13425 total 4 206 32
21 Interest on collateral loans 2 800 00
22 Interest on bonds and dividends on stock 600 00
23 Interest on deposits 215 26
26 Total interest 3 615 26
32 Prom all other sources
3b Capital stock paid in 250000 00
34 Surplus pad m 62500 0Q
38 Total income 320321 58
HIDisbursements
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 142522 Health 4699 total 1472 21
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 525 00
27 All other taxes licenses and insurance department fees 2 110 00
30 Printing and stationery
32 Furniture and fixtures
155 32CompteolleeGeneeals Repoet
697
37 All other disbursements
38 Interest accrued on securities purchased
39 Miscellaneous
46 Total disbursements
4441 91
4 40
8913 26
IVLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest
5 Cash deposited in banks
104680 00
52500 00
125899 50
28328 82
11 Leder assets 311408 32

NonLeder Assets
12 Interest accrued on mortgages not due
13 Interest accrued on bonds not due
14 Interest accrued on collateral loans
1007 71
1418 02
861 99
Total
18 Market value of bonds and stocks over book value
2056 80
21 Total unearned premiums
42 Total amount of all liabilities except capitalI
43 Capital actually paid up in cash 250000 00
44 Surplus over all liabilities 62664 74
3287 72
25 50
37 Gross assets 314721 54
VLiabilities
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 411360 un
earned premiums 50 per cent
2056 80
2056 80
45 Surplus as regards policyholders
46 Total liabilities
312664 74
314721 54698
CoMPTROLLERGENERAls EePORT
UNITED AMERICAN LIFE INSURANCE COMPANY OP
WILMINGTON DELAWARE
P B Reeves 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 118490 00
2 Amount of ledger assets December 31 of
previous year 155587 18
3 Increase of paidup capital during the year 18490 00
Extended at 174007 18
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent and Health j
2 Gross premiums written and renewed during the year
Accident and Health
3 Total Accident and Health
4 Deduct gross premiums now in course of collection Ac
cident and Health
t
5 Entire premiums collected during the year Accident
and Health
6 Deduct reinsurance return premiums and cancellations
Accident and Health
7 Net cash actually received for premiums Accident and
Health t
18 Total net cash actually received for premiums
22 Gross interest on bonds and dividends on
stocks 4
23 Gross interest on deposits
24 Gross interest from all other sources
25 Gross rents from companys property
549 45
79346 10
79895 55
5294 29
74601 26
7588 51
67012 75
67012 75
4025 00
166 96
27 10
1779 73
26 Total gross interest and rents
30 From other sources viz
31 Life aggregate
32 Agent security
5998 79
2403 45
25 00ComptrollerGenerals Eepoet
699
33 Subscription account to increased capital
not yet issued 6031 25
34 Surplus paid in by stockholders of record
less expense of collection 10958 15
Total
36 Total income
IIIDisbursements
1 Gross amount paid for losses Accident and Health
14 Commission or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident
20 Salaries fees and all other compensation of officers
directors trustees and home office employees
22 Medical examiners fees and salaries
24 Rents
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 telegraph telephone and express
32 Furniture and fixtures
35 All other disbursements viz
36 Interest on real estate mortgage 1000 00
37 Travel expense 2857 20
38 Sundry items 769 37
39 Accrued interest on bond purchases 146 67
Total
Total disbursements
IVLedger Assets
1 Book value of real estate
4 Book value of bonds excluding interest
5 Cash in companys office
6 Deposited in trust companies and banks on interest
13 Ledger assets
NonLedger Assets
17 Interest accrued on other assets 1256 24
18 Rents accrued on companys property on
lease 7 50
19417 85
92429 39
35257 43
24617 93
13168 24
47 00
999 99
346 79
639 70
1940 06
433 10
623 92
6173 51
1617 01
134 08
4773 24
90782 00
43000 00
124418 00
226 10
8080 47
175724 57
Total
1263 24700
ComptrollerGenerals Report
21 Gross premiums in course of collection viz
22 On policies or renewals issued subsequent to October 1
1907 Accident
23 On policies or renewals issued prior to October 1 1907
Accident
Total
39 Gross assets
5106 79 187 50
5294 29
182282 60
Deduct Assets Not Admitted
45 Gross premiums in course of collection
written prior to October 1 1907 187 50
46 Book value of ledger assets over market
value viz
47 Bonds 7 473 50
Total
53 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Accident
and Health
14 Deduct reinsurance on losses and claims in process of
adjustment
15 Net unpaid claims except liability claims
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 1426794 un
earned premiums 50 per cent 7133 97
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
35 Mortgage on real estate 25000 00
36 Life aggregate 300 00
37 Net capital subscriptions not carried to
capital account g 031 25
Total
43 Total amount of all liabilities except capital
7661 00
174621 60
3100 94
100 00
3000 94
3000 94
7133 97
2215 05
1180 82
31331 25

44862 03ComptrollerGenerals Report 701
44 Capital actually paid up in cash 118490 00
45 Surplus over all liabilities 11269 57
46 Surplus as regards policyholders 129759 57
47 Total liabilities 174621 60
Business in Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident and Health 2278 01
Gross losses paid Accident and Health 1666 04
UNITED STATES CASUALTY COMPANY OF NEW YORK
Benjamin F Tracy President Edson S Lott Secretary
Home Office 141 Broadway New York N Y
John H Mullin Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 400000 00
2 Amount of ledger assets December 31 of
previous year 1919598 57
Extended at 1919598 57
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent 4627767 Health 2222821 Liability 60
96684 Steam Boiler 289117 Burglary and Theft
251484 Sprinkler 531568 workmens collective
41848 total 140612 89
2 Gross premiums written and renewed during the year
Accident 73492038 Health 25401007 Liability
57953935 Steam Boiler 5102813 Burglary and
Theft 3712289 Sprinkler 4836781 workmens col
lective 799390 total 1712982 53
3 Total Accident 78119805 Health 27623828 Liabil
ity 64050619 Steam Boiler 5391930 Burglary and
Theft 3963773 Sprinkler 5368349 workmens col
lective 841238 total 1853595 42
4 Deduct gross premiums now in course of collection Ac
cident 3608131 Health 1530035 Liability 68
35024 Steam Boiler 421350 Burglary and Theft
457357 Sprinkler 577613 workmens collective
300047 total 137295 57702
CoMPTBOLLEBGtENEEALs RePOBT
5 Entire premiums collected during the year Accident
74511674 Health 26093793 Liability 57215595
Steam Boiler 4970580 Burglary and Theft 35064
16 Sprinkler 4790736 Workmens Collective 5411
91 total 1716299 85
6 Deduct reinsurance return premiums and cancellations
Accident 21787181 Health 10245561 Liability
12491403 Steam Boiler 1444935 Burglary and
Theft 498071 Sprinkler 1309131 workmens col
lective 136967 total 479132 49
7 Net cash actually received for premiums Accident
52724493 Health 15848232 Liability 44724192
Steam Boiler 3525645 Burglary and Theft 30
08345 Sprinkler 3481605 workmens collective 4
04224 total 1237167 36
18 Total net cash actually received for premiums 1237167 36
20 Gross interest on mortgage loans 3389 57
22 Gross interest on bonds and dividends on
stocks 69223 81
23 Gross interest on deposits 4573 39
26 Total gross interest
77886 77
36 Total income 1314354 13
IIIDisbursements
439344 13
Gross amount paid for losses Accident 16687826
Health 6897506 Liability 18147033 Steam Boiler
90097 Burglary and Theft 1093226 Sprinkler 7
45635 workmens collective 273090 total
Deduct salvage and reinsurance Accident 634205
Health 22498 Liability 313929 Steam Boiler
29976 Sprinkler 13593 workmens collective
2388 total
10165 89
3
Net amount paid policyholders for losses Accident
16053621 Health 6875008 Liability 17833104
Steam Boiler 60121 Burglary and Theft 1093226
Sprinkler 732042 workmens collective 270702
total 429178 24
4 Investigation and adjustment of claims Accident 24
68091 Health 582712 Liability 4341619 Steam
Boiler 67870 Burglary and Theft 72457 Sprinkler
108831 workmens collective 216325 total 78579 05
5 Totals Accident 18521712 Health 7457720 Liabil
ity 22174723 Steam Boiler 127991 Burglary and
Theft 1165683 Sprinkler 840873 workmens col
lective 487027 total 507757 29ComptbolleeGenebals Eepoet
703
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 15841811 Health 4790176 Liability 114
62644 Steam Boiler 858386 Burglary and Theft
823160 Sprinkler 923525 workmens collective
101739 total
19 Stockholders for interest or dividends amount declared
during the year 4000000
20 Salaries fees and all other compensation of officers di
rectors and trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
23 Inspections other than medical
24 Bents
26 Taxes on real estate
27 All othertaxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage telegraph telephone and express
32 Furniture and fixtures
35 All other disbursements viz
36 Miscellaneous i
37 Profit and loss premiums uncollectible
10199 24
607 31
Total
41 Total disbursements
348014 41
39960 00
103797 39
32144 49
18618 99
16992 12
40 38
26173 55
1063 00
1833 30
20595 71
9450 80
8627 22
10806 55
1145875 20
IVLedger Assets
1 Book value of real estate unincumbered 5 000 00
2 Mortgage loans on real estate first liens 153 000 00
4 Book value of bonds excluding interest 110729336
and book value of stocks 733200 total 1840493 36
5 Cash in companys office 15 926 62
6 Deposited in trust companies and banks on interest 24591 96
7 Deposited in trust companies and banks not on interest 48721 49
8 Bills receivable 344 07
13 Ledger assets 2088077 50
NonLedger Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
2366 38
9394 88
Total
11761 26704
ComptkollebGenerals Eepoet
21 Gross premiums in course of collection viz
22 On policies or renewals issued subsequent to October 1
1907 Accident 3608131 Health 1530035 Liabil
ity 6829025 Steam Boiler 420515 Burglary and
Theft 457357 Sprinkler 577613 workmens col
lective 300047 total 137227 23
23 On policies or renewals issued prior to October 1 1907
Liability 5999 Steam Boiler 833 total 68 34
Total 137295 57
39 Gross assets 2237134 33
Deduct Assets Not Admitted
344 07
41 Bills receivable
45 Gross premiums in course of collection
written prior to October 1 1907 68 34
46 Book value of ledger assets over market
value 365628 36
47 Beserve for reinsurance in companies not
admitted in New York 11288 90
Total
377329 67
553904 86
65461 23
45807 00
14725 00
53 Admitted assets 1859804
VLiabilities
1 Losses and claims reported proofs not received Acci
dent 35962 Health 7430 Steam Boiler 50 Burg
lary and Theft 1365 Sprinkler 725 workmens col
lective 275 total
2 Resisted Accident 13800 Health 625 Steam Boiler
100 Burglary and Theft 200 total
3 Total Accident 49762 Health 8055 Steam Boiler
150 Theft 1565 Sprinkler 725 workmens collec
tive 275 total
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 110780972
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 12905027
unearned premiums pro rata

60532 00
124470 64
185002 64
21 Total unearned premiums
619366 09ComptbollebGenebals Bepobt
705
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 1010277 Health 428410 Liability 19
12127 Steam Boiler 117744 Burglary and Theft
128060 Sprinkler 161732 workmens collective
84013 total
26 Salaries rents expenses bills accounts fees etc due
or accrued
27 State county and municipal taxes due or accrued
28 Dividends due stockholders
32 Reinsurance
34 Other liabilities viz
35 Additional special reserve for losses
38423 63
6516 21
20000 00
10040 00
5456 09
100000 00
43 Total amount of all liabilities except capital 984804 66
44 Capital actually paid up in cash
45 Surplus over all liabilities
400000 00
475000 00
46 Surplus as regards policyholders
875000 00
47 Total liabilities 1859804 66
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident 1797798 Health 763441
Liability 2392297 Steam Boiler 181895 Burglary
and Theft 41652 Sprinkler 29250 workmens col
lective 130232 total 53365 65
Gross losses paid Accident 616696 Health 690949
Liability 1796922 Steam Boiler 1570 Burglary
and Theft 5988 workmens collective 68645 total 31807 70
UNITED STATES FIDELITY AND GUARANTY COMPANY OP
BALTIMORE MARYLAND
John R Bland President Geo R Callis Secretary
Home Office German Calvert and Mercer Streets Baltimore Maryland
William A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1700000 00
2 Amount of ledger assets December 31 of
previous year 3417366 01
Etended at 3417366 01
45cg706 ComptrollerGenerals Eepoet
HIncome
1 Gross premiums unpaid December 31 last year Fidelity
and Surety 31415520 Burglary and Theft 5203305
total 366188 25
2 Gross premiums written and renewed during the year
Fidelity and Surety 263311447 Burglary and Theft
36236302 total 2995477 49
3 Total Fidelity and Surety 294726967 Burglary and
Theft 41439607 total 3361665 74
4 Deduct gross premiums now in course of collection Fi
delity and Surety 35725893 Burglary and Theft 53
02063 total 410279 56
5 Entire premiums collected during the year Fidelity
and Surety 259001074 Burglary and Theft 361
37544 total 2951386 18
6 Deduct reinsurance return premiums and cancellations
Fidelity and Surety 32715110 Burglary and Theft
9583861 total 422 989 71
7 Net cash actually received for premiums Fidelity and
Surety 226285964 Burglary and Theft 26553683
total 2528396 47
18 Total net cash actually received for premiums 2 528 396 47
20 Gross interest on mortgage loans 492 71
21 Gross interest on collateral loans 6495 08
22 Gross interest on bonds and dividends on
stocks 75427 60
23 Gross interest on deposits 8 622 13
24 Gross interest from all other sources 148 06
25 Gross rents from companys property in
cluding 2000000 for companys occu
pancy of its own buildings 35815 30
26 Total gross interest and rents 127 000 88
28 Gross profit on sale or maturity of ledger assets viz
Bonds 931 58
29 Gross increase in book value of ledger assets viz
Real estate 6714 38
30 From all other sources viz
31 Department guaranteed attorneys 30 108 85
36 Total income 2699134 16ComptrolleeGeneeals Report
707
IIIDisbursements
1 Gross amount paid for losses Fidelity and Surety
80758 Burglary and Theft 7338065 total 994188 23
2 Deduct salvage and reinsurance Fidelity and Surety
15720541 Burglary and Theft 328649 total 160491 90
3 Net amount paid policyholders for losses Fidelity and
Surety 76360217 Burglary and Theft 7009416
total 833696 33
4 Investigation and adjustment of claims Fidelity and
Surety 9384936 Burglary and Theft 798642 total 101835 78
5 Totals Fidelity and Surety 85745153 Burglary and
Theft 7808058 total 935532 11
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Fidelity and Surety 450275 12
16 Burglary and Theft
69039 58
Total
19 Stockholders for interest or dividends amount declared
during the year 119000
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
23 Inspections other than medical
24 Rents including 2000000 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 including cost and maintenance
of printing plant
31 Postage telegraph telephone and express
32 Furniture and fixtures
33 Gross loss on sale or maturity of ledger assets viz
Real estate 2700 32
Total
35 All other disbursements viz
36 Traveling expenses home office account
37 General miscellaneous expenses
4677 16
30259 31
Total
41 Total disbursements
519314 70
119000 00
214685 94
269483 36
12217 94
46221 47
10869 82
8750 56
67688 25
39200 45
31496 65
44497 65
55578 87
7759 11
2700 32
34936 47708
ComptrollerGenerals Eeport
IVLedger Assets
1 Book value of real estate unincunibered
2 Mortgage loans on real estate first Hens
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest 220120124
and book value of stocks 24955565 total
5 Cash and cheeks in companys office
6 Deposited in trust companies and banks on interest
7 Deposited in trust companies and banks not on interest
10 Due by U S government under construc
tion contracts 115737 26
11 Due for subscriptions department guaran
teed attorneys 43525 50
517403 88
11750 00
124585 00
2450756 89
39003 21
263280 41
130524 35
Total
13 Ledger assets
159262 76
3696566 50
NonLedger Assets
14 Interest on mortgages
15 Interest on bonds
16 Interest on collateral loans
17 Interest on other assets
18 Bents on companys property or lease
136 66
28152 00
1353 72
750 00
499 99
Total
21 Gross premiums in course of collection viz
22 On policies or renewals issued subsequent to October 1
1907 Fidelity and Surety 32705829 Burglary and
Theft 5251741 total
23 On policies or renewals issued prior to October 1 1907
Fidelity and Surety 3020064 Burglary and Theft
50322 total
Total
39 Gross assets
45 Gross premiums in course of collection
written prior to October 1 1907
47 Stocks and bonds 196321 28
48 Reserve held for account
Munich Reinsurance Co 3 557 94
30703 86
30892 37
379575 70
30703 86
410279 56
4137738 43
Total
199879 22
53 Admitted assets g07
155 35ComptrollerGenerals Report
709

VLiabilities
1 Losses and claims in process of adjustment Fidelity
and Surety 21752728 Burglary and Theft 644092
total
2 Losses and claims resisted Fidelity and Surety 262
41304 Burglary and Theft 2950 total
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 228330664
unearned premiums 50 per cent 1141653 33
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 47814023
unearned premiums pro rata 251591 67
223968 20
265363 04
489331 24
21 Total unearned premiums 1393245 00
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Fidelity and Surety 67046 95
24 Burglary and Theft 13654 53
Total
27 State county and municipal taxes due or accrued
31 Return premiums
32 Reinsurance
80701 48
30492 41
6470 98
4618 20
43 Total amount of all liabilities except capital
44 Capital actually paid up in cash 1700000 00
45 Surplus over all liabilities 202296 04
2004859 31
46 Surplus as regards policyholders 1902296 04
47 Total liabilities 3907155 35
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Fidelity and Surety 2736954 Burg
lary and Theft 2345 38 total 29714 92
Gross losses paid Fidelity and Surety 1107482 Burglary
and Theft 90670 total 11981 52710
ComptrollerGenerals Eepoet
UNITED STATES HEALTH AND ACCIDENT INSURANCE COMPANY
OE SAGINAW MICHIGAN
J B Pitcher President j M Pitcher Secretary
Home Office 130 No Washington Ave Saginaw Michigan
Harry C Conley 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 605772 77
Extended at
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent and Health
2 Gross premiums written and renewed during the year
Accident and Health
3 Total Accident and Health
4 Deduct gross premiums now in course of collection Ac
cident and Health
5 Entire premiums collected during the year Accident
and Health
6 Deduct reinsurance return premiums and cancellations
Accident and Health
7 Net cash actually received for premiums Accident and
Health
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
20 Interest on mortgage loans i 605 10
22 Interest on bonds and dividends on stock 21397 98
23 Interest on deposit g74 72
605772 77
13547 75
957629 09
971176 84
50848 52
920328 32
51013 20
26 Total interest
32 From all other sources viz
33 Change of policy fees
869315 12
869315 12
200470 00
23877 80
561 77
38 Total income
1094224 69
HIDisbursements
1 Gross amount paid for losses Accident and Health 409 428 95
2 InvestxgaUcm and adjustment of claims Accident and
tlealth
2481 75
3 Totals Accident and Health

411910 70CompteollebGeneeals Bepobt
711
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident and Health 190068 39
18 Policy fees retained by agents 200470 00
19 Stockholders for interest or dividends amount declared
during the year 3600000 36000 00
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 54341 00
21 Salaries traveling and all other expenses of agents not
paid by commissions 56186 88
22 Medical examiners fees and salaries 4297 29
24 Eents 18626 63
27 All other taxes licenses and insurance department fees 18358 59
28 Legal expenses 466 65
29 Advertising 846 44
30 Printing and stationery 15129 76
31 Postage and express 15696 87
32 Furniture and fixtures 7982 36
37 All other disbursements viz
38 General expense 405185 office supplies
85845 total 4910 30
39 Agents balances 61802 repairs office
building 107964 total 1697 66
Total 6607 96
46 Total disbursements 1038989 52
IVLedger Assets
2 Mortgage loans on real estate first liens 11300 00
4 Book value of bonds excluding interest 568948 67
5 Cash in companys office 208918 deposited in banks
7633009 total 78419 27
10 Home office rent paid in advance 2340 00
11 Ledger assets 661007 94
NonLedger Assets
12 Interest on mortgages 149 66
13 Interest on bonds 8o1 89
Total 823155
19 Cross premiums in course of collection viz
20 Cn policies or renewals issued subsequent to October 1
1907 Accident and Health 50848 52
720088 01
37 G ross assets v712
ComptbollebGeneeals Eepobt
Deduct Assets Not Admitted
44 Book value of ledger assets over market value viz
45 Bonds
VLiabilities
1 Losses and claims in process of adjustment Accident
and Health
2 Losses and claims reported proofs not received Acci
dent and Health
3 Losses and claims resisted Accident and Health
4 Total losses and claims Accident and Health
18 Total unpaid claims and expense of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 12647269 un
earned premiums 50 per cent 63 236 34
25796 67
1651 83
54440 00
3455 00
59546 83
59546 83
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident and Health
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
27 Dividends due stockholders
31 Beinsurance
32 Advance premiums 100 per cent
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 300000
44 Surplus over all liabilities 22504 43
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Accident
Gross losses paid Accident
63236 34
21494 29
1000 00
17386 30
1734 22
4388 93
168786 91
525504 43
694291 34
18454 29
13685 19CompteolleeGenerals Eepoet 713
UNITED SURETY COMPANY OF BALTIMORE MARYLAND
Henry G Penniman President Robert A Dobbin Jr Secretary
Home Office 15 South Street Baltimore Maryland
James L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up in cash 500000 00
2 Amount of ledger assets December 31 of
previous year 666838 93
IIIncome
1 Gross premiums unpaid December 31 last year Fidelity
408655 Surety 2012061 660046 total 30807 62
2 Gross premiums written and renewed during the year
Accident and Health 246775 Fidelity 4231948
23041544 Plate Glass 244785 Burglary and Theft
5765082 total 335301 34
3 Total Accident and Health 246775 Fidelity 46
40603 Surety 25053605 Plate Glass 244785 Burg
lary and Theft 6425128 total 366108 96
4 Deduct gross premiums now in course of collection Ac
cident and Health 160325 Fidelity 794428 Surety
4940968 Plate Glass 164269 Burglary and Theft
1340785 total 74007 75
5 Entire premiums collected during the year Accident and
Health 86450 Fidelity 3846175 Surety 201
126 37 Plate Glass 80516 Burglary and Theft 50
84393 total 29210121
6 Deduct reinsurance return premiums and cancellations
Accident and Health 9345 Fidelity 424275 Surety
2284762 Plate Glass 12847 Burglary and Theft
1262332 total 39937 61
7 Net cash actually received for premiums Accident and
Health 77105 Fidelity 34219 Surety 17827675
Plate Glass 67669 Burglary and Theft 3822011
total 25216360
18 Total net cash actually received for premiums 252163 60
20 Interest on mortgage loans 62 16
22 Interest on bonds and dividends on stock 7000 00
23 Interest on deposit 3649 56
24 Interest from all other sources 3559 40
25 Gross rents from companys property in
cluding 10000 for companys occupancy
of its own buildings 12980 87
26 Total interest and rents 27251 99
714 ComptrollerGenerals Eepoet
32 From all other sources viz
33 Collateral loan of Ernest J Keeabe Jr
in lieu of cash to be deposited to sur
plus Collateral held by B F Crouse
insurance commissioner of Maryland 60000 00
37 Suspense Account g2 65
Total
38 Total income
IIIDisbursements
1 Gross amount paid for losses Accident and Health 50
Fidelity 375043 Surety 4435441 Plate Glass
22969 Burglary and Theft 795362 total
2 Deduct salvage and reinsurance Fidelity 85768
Surety 2035170 Burglary and Theft 11716 total
3 Net amount paid policyholders for losses Accident 50
Fidelity 289275 Surety 2400271 Plate Glass
22969 Burglary and Theft 783646 total
4 Investigation and adjustment of claims Fidelity 1640
Surety 151666 Burglary and Theft 80163 total
5 Totals Accident and Health 50 Fidelity 2909 15
Surety 2551937 Plate Glass 22969 Burglary and
Theft 863809 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident and Health 22461 Fidelity 904641 Surety
5236826 Plate Glass 29974 Burglary and Theft
1222714 total
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
24 Rents including 10000 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
36 Other assets
60812 65
340228 24
56338 15
21326 54
35011 61
2334 69
37346 30
74166 16
38837 50
46285 77
10000 00
4681 31
3731 50
17004 39
22130 97
6052 92
10003 20
4822 02
1975 01
145 50ComptrollerGenerals Eeport
715
37 All other disbursements viz
38 Traveling expense 9669 79
39 General expense 2990 81
Total 12660 60
46 Total disbursements 289843 15
IVLedger Assets
1 Book value of real estate unincumbered 250000 00
2 Mortgage loans on real estate first liens 6000 00
3 Loans secured by pledge of bonds stocks or other col
laterals 60000 00
4 Book value of stocks 207000 00
5 Cash in companys office 198966 deposited in banks
6605456 total 68044 22
6 Collateral notes purchased 98550 00
7 Other ledger assets viz
8 Due from Ind and corporations 11648 70
9 Due from National bank 4500 00
10 Windsor Trust Co proportionate interest in special de
posit to credit of committee in charge of excise bond
syndicate n481 10
11 Ledger assets 717224 02
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1907 Accident and Health 156075 Fidelity 7
51599 Surety 4404894 Plate Glass 149462 Burg
lary and Theft 1250576 total 67126 06
21 On policies or renewals issued prior to October 1 1907
Accident nd Health 4250 Fidelity 42829 Surety
536074 Plate Glass 14807 Burglary and Theft
90209 total 6881 69
Total 7400775
34 Other nonledger assets viz
35 Open reinsurance account 88962 83
37 Gross assets 880194 60
Deduct Assets Not Admitted
42 Loans on personal security endorsed or
not 11648 70
43 Gross premiums in course of collection
written prior to October 1 1907 6881 69
Total 18530 39
51 Admitted assets 861664 21716
ComptbollebGtenebals Repobt
VLiabilities
1 Losses and claims adjusted Accident and Health
2 Losses and claims in process of adjustment Accident
and Health 147642 Surety 5665 Plate Glass
3272 Burglary and Theft 780 total
3 Losses and claims reported proofs not received Acci
dent and Health 49874 Surety 1500 Burglary and
Theft 306375 total
4 Losses and claims resisted Surety
Theft 1000 total
750 Burglary and
6 Total Fidelity 197516 Surety 14415 Plate Glass
3272 Burglary and Theft 484375 total
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 28346190 un
earned premiums 50 per cent 141 730 95
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1327548
unearned premiums pro rata 9 364 87
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1907 viz
23 Accident 52025 Fidelity 177899 Surety 11012 23
Plate Glass 49821 Burglary and Theft 4168 58
total
30 Beturn premiums
31 Beinsurance
33 Other liabilities viz
34 Suspense account
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 162 060 63
45 Surplus as regards policyholders
46 Total liabilities
Business in State of Georgia During 1907
Gross premiums received on risks written or renewed dur
ing the year Fidelity 145491 Surety 1376 34
Burglary and Theft 53486 total
Gross losses paid Burglary and Theft
1500 00
7954 14
5062 49
6780 00
21266 63
21266 63
151095 82
17978 26
7662 54
787 68
821 65
199603 58
662060 63
861664 21
3366 11
221 67ComptrollerGenerals Eeport 717
WOODMENS CASUALTY COMPANY OF INDIANAPOLIS IND
W A Northcott President W A Orr Secretary
Home Office 419 State Life Building Indianapolis Ind
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets February 1st of
previous year
Extended at
5127 46
105127 46
IIIncome
5 Entire premiums collected during the year 132477 49
2 Deduct reinsurance return premiums and cancellations 116 79
3 Net cash actually received for premiums
19 Policy fees required or represented by applications
20 Gross interest on mortgage loans
21 Gross interest on collateral loans
30 From other sources Agents bonds 3000 correction of
error in adjustment of stock reduction 1000 total
132360 70
98 70
4298 25
30 00
30 00
36 Total income 136809 65
IIIDisbursements
1 Gross amount paid for losses Accident 2755291
Health 1891227 total i6A65 18
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and Health 41416 43
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
24 Rents
26 Taxes on personal property
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage telegraph telephone and express
35 All other disbursements
36 General expenses
37 Agents balances charged off
38 Interest
41 Total disbursements
14221 86
830 50
45 00
1810 91
103 60
494 65
3607 84
1841 65
702 44
250 03
362 00
113152 68
718
ComptrollerGenerals Report
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
5 Cash in companys office
6 Deposited in trust companies and banks on interest
9 Other ledger assets viz
10 Agents balances
11 Furniture and fixtures
NonLedger Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
1077 25
66 66
39 Gross assets
Deduct Assets Not Admitted
42 Furniture and fixtures
47 Agents balances
1366 40
36 30
53 Admitted assets
VLiabilities
1 Losses and claims reported proofs not received
18 Total unpaid claims and expenses of settlement
33 Advance premiums 100 per cent
34 Other liabilities
35 Monthly premiums written from December 15 1907 to
December 31 1907
36 Monthly premiums paid in December for month of Janu
ary 1908
43 Total amount of all liabilities except capital
44 Capital actually paid up in cash 100000 00
45 Surplus over all liabilities 9293 24
46 Surplus as regards policyholders
47 Total liabilities
Business in the State of Georgia During 1907
Gross premiums received on risks written or renewed during
the year
Gross losses paid
115600 00
4936 JO
32 21
6813 52
36 30
1366 40
13 Ledger assets 128 784 43
1143 91
129928 34
1402 70
128525 64
3940 00
3940 00
13676 50
591 25
1024 65
19232 40
109293 24
128525 64
465 87
458 07

Table No 1
Showing Business done by Fire Insurance Companies in
this State for the year ending April 30th 1907720
ComptbolleeGenebals Eepoet

M
a
3
c
CO
rH PS
rn
0
fc 2
m 4
j t

3 O
H a
c3
ft
s
o
O

a
cc
be
c
a i a S a 1 OS CM icOCM00CMTfHrHUt OiOOOOiCOCO ICrOOlOCMCOt OiOiOojhO rHrHcMICOCOCD cm NOiOOilOOCOONCO CMCOCMCOtCOOOCOTtH CO 00 00 Tt HH CD t 0 CO O CD rH IfO 00 CM Oi rH CM CM rji rH CD CM CM rH 11 11 1 00 rH IQ t Oj 1 00 rji Oi CD r 1 t rH t co 1 t lO CN 1 CM OOrHCM rH i
Fees from Jan 1 1908 to Jan 1 O 03 rH OOOOOOOOOOOOOOOOOOooOr5crit cCOOOCN0CDCOOOOO00000 SSSSSlHCOcoccOOCNi5fiOOCDOOOCDCDIN COCOOSCDCSCCtrHMOOOCOlNrHtOuiroTOCNcNCDSSScO rH 1IHHCNH rH rH CM CM CO rH rH H CO CO w
CO K c3 CO rv Hit 515 00 3285 75 617 97 12285 84 3100 65 1188 00 57 97 365 00 12130 18 29 10 104 84 3955 24 33 00 33 97 1300 88 609 60 1607 94 107 29
00 T3 CO co oj 9Ph H CO CO N CO CNCNCOOlOTtoo CONHONO00 OCOICHHOSIOOO MIONOiOCDOlO lOCNOO Oi CO 00 CO rHHTcDcNrrricrooo rH OH rHCM CD P 00 00 f CO O Oi iCMO CC TP H Oi Til rf o T ICOCO Oi O GO 00 00 tP Wi o I O OCOtCOtrHCM 1 CO CO ucOCO lO Tt h to I O O rn co t Oi co co co ucTco rH rH CO 2228 32 33267 85 47839 09 1719 27 3009 82
Total Premiums Collected on Old and a CO CO rH OS cm CMCOCDCOrH OCMrHCOOiCOCOO COCN00O3CMrHlO OiOOOOlTjicOQO iO Tfi 00 rJH 0 CM CO t TjT Co irs uT tjT of rn rHHrHCNCOCOCD CM CO00rJiOCDlOOiCOOOO COOiOOOCOrJIrHCOOCDCM COCOOiOOi0OCMOCDCD CMCOCMCOtCDriricO 00 001 Tfl O ON OcocDrHtf300CNr rT NCNhhcO CM CM rH it rH 27788 01 85141 28 110995 96 29797 00 12369 18
Old Business of Previous Years now in co o r4 o
Amount of Insurance Written During the Year o o o CO m CO rH 682552 00 2381784 00 909929 00 1588171 00 16498800 00 iOO IOO I CD Oi I 00 1 coio lO co lO o tco Hco ooooooooooo ooooooooooo 03MIOQONIOOOOCOO HOCOHNNNOOONCN COtOOCMTtiCOOOt C h tcorHooGcu3trco CO CO CO rH CO N N rIN CO t CMCO CM CM TfilQ TrTcN rH rH 1700530 00 5596283 00 7425146 00 1800061 00 522064 00
m H 72 H Oi rlcj Pennsylvania Missouri New JerseyNew York Connecticut Georgia England Georgia Florida Massachusetts Canada Scotland Missouri England New York New York Connecticut Pennsylvania North Carolina South Carolina New Jersey New York Pennsylvania California New JerseyFlorida
Ph a o o h o w s 00 j i o 3 rSrC T3 CO Alliance American Central American Agricultural Aetna Athens Mutual Atlas Assurance Atlanta Home Blue Ridee Boston British America Caledonian Citizens Commercial Union Continental Cosmopolitan Connecticut Delaware Dixie Equitable Federal Fidelity Fire Association Firemans Fund Firemans Florida Home
5
Georgia Home
Georgia
Girard
German Alliance
German American
Germania
Glens Falls
Globe Rutgers
HamburgBremen
Hanover
Hartford
Home
Insurance Co of Pa
Insurance Co of N America
Jefferson
Liverpool London Globe
Liverpool London Globe
London Assurance
London Lancashire
Lumber Mutual
Lumber Insurance Co
Michigan Commercial
Mercantile Mutual
Milwaukee Mechanics
National
National Union
Niagara
New Brunswick
New Hampshire
Norwich Union
North British Mercantile
Northern Assurance
North River
North State
Orient
Palatine
Pennsylvania
Phoenix Assurance
Georgia
Georgia
Pennsylvania
New York
New York
New York
New York
New York
Germany
New York
Connecticut
New York
Pennsylvania
Pennsylvania
Pennsylvania
England
New York
England
England
Massachusetts
New York
Michigan
Rhode Island
Wisconsin
Connecticut
Pennsylvania
New York
New Jersey
New Hampshire
England
England
England
New York
North Carolina
Connecticut
England
Pennsylvania
England
999634
1603888
7693590
3458965
2987050
2111684
1511643
3310705
20544574
18572548
27868446
1134060
18299149
1645731
1338 244
4954774
239025
134658
973621
1447354
823926
4798401
2788018 00
2201516
4929807
5916382
4159232
1393305
451473
1914581
2751345
3608508
2997055
75839 00
27447 56
16559 36
28418 15
113497 03
54481 39
47564 59
37448 42
24924 70
34828 31
289314 51
172647 65
230687 35
25204 86
258366 22
21409 48
17778 44
55698 24
7012 87
2828 03
14505 30
9742 99
13726 00
54973 98
24972 79
28689 97
34541 35
59467 31
65466 53
47300 42
25644 14
8776 19
29164 58
47118 79
70176 25
25268 47
29743 00
1299 84
1137 64
9708 15
63262 26
24927 88
27598 83
7380 27
3350 26
23436 23
175373 05
125278 68
110583 95
7910 98
130630 83
7839 00
5749 71
31374 01
589 97
649 29
4859 68
784 56
6328 56
28919 37
11406 72
9296 53
11287 94
31082 58
33916 82
6200 10
14259 70
3265 45
8494 81
9892 51
54000 50
22615 14
3198 00
50 00
1670 00
6426 00
3406 05
1950 00
6806 96
25 00
2433 68
10609 25
22772 91
1659 05
2380 66
32590 59
577 00
398 40
632 16
481 47
1105 00
22 50
1196 29
1793 74
2246 50
205 00
50 00
800 22
822 50
317 00
339 20 758 39
238 40 274 47
104 00 165 59
144 80 284 18
424 60 1134 97
166 40 544 81
200 00 475 64
56 00 374 48
99 20 249 25
147 20 348 28
850 40 2893 14
351 20 1726 48
53 60
461 60 2306 87
235 05 252 04
514 40 2583 66
48 80 214 09
99 20 177 78
178 40 556 98
34 40 70 12
36 80 28 28
132 80 145 05
32 00 97 43
63 20 137 26
161 60 549 74
181 00 249 73
113 60 286 90
116 00
135 20 345 41
351 20 594 67
183 60 654 67
120 80 473 00
65 60 256 44
68 00 87 76
104 00 291 65
118 40 471 18
284 00 701 76
152 00 252 68
o
o
K
H
a
o
e
H
W
Q

H

b
o
H
toTABLE No 1Continued
NAME OF COMPANY
Phoenix
Phoenix
Queen
Queen City
Rochester German
Royal
Royal Exchange
Scottish Union National
Seaboard
Security
Shawnee
Southernn
Southern Mutual
Southern
Springfield
St Paul
Sun Insurance Office
Sun
U S Lloyds
United Firemens
Virginia State
Western Assurance
Westchester
Williamsburgh City
Total
STATE
New York
Connecticut
New York
Iowa
New York
England
England
Scotland
Texas
Connecticut
Kansas
Virginia
Georgia
Louisiana
Massachusetts
Minnesota
England
Louisiana
New York
Pennsylvania
Virginia
Canada
New York
New York
Amount of In
surance Writ
ten During
the Year
Old Business
of Previous
Yearsnow in
Force
12609792
6657261
6754518
1838968
6729031
1224868
3636981
254955
762726
35185894
924498
3347267
3549973
2482718
3069440
1819655
453143
1851862
3510434
3162371
2517605
Total Premi
urns Col
lected on
Old and
New Busins
204206 79
78554 81
122753 74
31940 54
100470 41
20895 00
38788 86
5019 94
14377 23
341400 26
16247 28
58124 55
59818 65
43320 29
55797 96
7241 27
8156 58
37778 77
35088 11
42577 58
40570 75
Losses
Paid
112501 08
27407 91
76316 33
19828 73
68983 69
6954 62
13221 12
3293 77
4153 27
72753 55
4002 84
17619 22
18326 66
11675 29
20219 43
259 49
2853 89
30498 23
22508 54
16963 56
17803 40
Losses
Unpaid
9688 50
3451 54
6411 95
1518 31
10035 23
138 91
1927 43
50 00
104 58
800 00
2776 46
7578 69
1183 86
164 68
10 00
500 00
1750 00
612 50
6688 85
255 80
Fees from
Jan 1
1908 to
Jan 1
1909
334459580 6514651734 69 2059941 52 203581 38 15525 65 46517 16
432 80
351 20
335 60
32 00
120 80
322 40
70 40
209 60
106 40
58 40
116 40
159 20
108 80
56 00
147 20
210 20
89 60
212 00
41 60
120 80
279 20
144 80
209 60
197 60
Tax on
Premi
2042 06
785 54
1227 54
319 41
1004 70
208 95
387 89
50 19
143 77
3414 00
162 47
581 24
598 18
433 20
557 97
72 41
81 56
377 78
350 88
425 78
405 71
to
to
O
o
g
H
W
O
W
Q
H
IS
W
E
o
w
H
Total Fees and Tax 62042 81
Tax Paid by Receivers of Traders Insurance Company 81 14Showing Business done b Lif
TABLE No 2
Insurance Companies in this State for the Year ending April 30th 1908
NAME OP COMPANY
American NationalLife
Aetna
American National
Citizens
Columbian National
Connecticut National
Des Moines
Empire
Equitable
Fidelity Mutual
Franklin
Great Western
Great American
Greensboro
Germania
Guarantee
Home
Illinois
Jefferson Standard
Life Insurance Co
Louisiana National
Manhattan
Maryland
Massachusetts Mutual
Meridian
Metropolitan
Michigan Mutual
Missouri State
STATE
Virginia
Connecticut
Texas
Kentucky
Massachusetts
Connecticut
Iowa
Georgia
New York
Pennsylvania
Illinois
Kansas
Missouri
North Carolina
New York
Texas
New York
Illinois
North Carolina
Virginia
Louisiana
New York
Maryland
Massachusetts
Indiana
New York
Michigan
Missouri
Amount of In
surance Writ
ten During
the Year
371000 00
894504 00
348000 00
491000 00
267000 00
141000 00
452000 00
6046500 00
468200 00
457225 00
253500 00
Old Business
of Previous
Years now in
Force
5412188 00
75500 00
31500 00
11000 00
283000 00
839000 00
512250 00
1311659 00
120 71
2485700 00
13207576 00
2554494 00
2014083 00
Total Premi
ums Col
lected on
Old and
New Busins
768724 00
1664859 00
17466666
139500 00
905596 00
857500 00
5930200 00
609130 43
141500 001
1251729 00
1106855 00
10225 79
173452 96
12761 06
38521 98
20196 60
4868438
3392 80
244538 45
473262 60
99310 00
81100 93
Losses
Paid
111475 80
12166 67
23880 00
30100 00
182581 78
42615 00
25427 46
1213088 00
268872766
479009 00
7032810 00
614000 00
14315459 00
1224600 04
387150 00l
28660 03
1263 56
43593 08
37885 27
5000 00
88742 45
8734992
20142 35
284059 39
50435 06
605720 17
57224 80
14631 30
6032 51
24919 00
19724 28
75541 66
65615 00
6000 00
163125 34
25054 47
Losses
Unpaid
1000 00
38542 20
4000 00
Fees from
Jan 1
1908 to
Jan 1
1909
3000 00
1000 00
375 00
2451 00
32 00
82 80
70 40
56 00
32 00
46 80
34 40
176 00
72 80
34 40
36 80
32 00
39 20
18 00
51 20
75 20
41 60
63 20
51 20
125 60
32 00
48 80
39 20
58 40
53 60
452 00
32 00
32 00
Tax on
Premi
iums
102 25
1734 53
127 61
385 22
201 96
486 84
33 93
2445 38
4732 63
993 10
811 01
286 60
to
Q
o
H
W
o
p
p
w
O
12 64 w
435 93 O
398 85
W
887 42 H
873 50
201 42
2840 59
504 35
6057 20
572 24
146 31
Mutual Benefit
Mutual
National
National
New England Mutual
New York
Northwestern Mutual
Northwestern National
Pacific Mutual
Philadelphia
Prudential
Penn Mutual
Phoenix Mutual
Reliance
Reserve Loan
Ridgely Protective Assn
Security
Security
Security Mutual
Southern
State Mutual
State
State Mutual
Southern States
Southern States Mutual
South Atlantic
Sun
Travelers
Union Central
Union Mutual
Volunteer State
Washington
Total
New Jersey
New York
U S A Illinois
Vermont
Massachusetts
New York
Wisconsin
Minnesota
California
Pennsylvania
New Jersey
Pennsylvania
Connecticut
Pennsylvania
Indiana
Massachusetts
Illinois
North Carolina
New York
North Carolina
Georgia
Indiana
Massachusetts
Alabama
West Virginia
Virginia
Canada
Connecticut
Ohio
Maine
Tennessee
New York
Total Fees and Tax 86110 94
Overpayment Refunded
1404500 00
1714549 00
341975 75
2212068 00
269288 00
2207064 00
2226000 00
5845757 00
1163570 00
3270138 00
186000 00
601955 00
103500 00
102500 00
546500 00
107000 00
7102260 00
664250 00
180500 00
3131533 00
94500 00
6000 00
375850 00
374306 00
1387792 00
43129 13
675000 00
17500 00
57368791 31
9916717 00
22588467 00
1099136 29
1997164 00
2317626 00
16200958 00
375134 75
867467 33
43482 25
101938 42
84038 43
758671 75
462173 10
1093785 00
21000 00
9032036 00
22422984 00
1462500 00
685050 00
464867 00
4000 00
312000 00
2231832 00
6605934 00
4590290 00
1111100 00
1620500 00
75000 00
2560200 00
4269366 00
7333891 00
384308 27
380000 00
666357 00
180888270 31
61596 85
923 58
351370 15
805711 19
58109 86
52299 62
29900 38
2829 79
24170 35
60243 71
468654 81
159167 23
38281 13
200029 37
1871 51
2053 39
71016 28
186923 75
305974 83
16289 27
27058 76
23548 13
8168084 90
140737 65
482860 00
21500 00
28000 00
29009 00
323307 50
137431 00
31244 62
94573 69
311312 00
18000 00
30500 00
6000 00
3000 00
29179 75
48900 00
34500 00
250 00
31500 00
66250 00
119059 02
74856 42
5000 00
3068 00
2966297 96
15000 00
23173 00
2000 00
49042 83
2190 00
27000 00
4974 00
5000 00
7000 00
2000 00
5000 00
692748 03
172 80
94 40
53 60
111 20
56 00
243 20
220 40
29 40
32 00
39 20
116 00
137 60
36 80
32 00
34 40
34 40
32 00
32 00
53 60
51 20
149 60
48 80
41 60
60 80
36 80
36 80
51 20
164 00
65 60
34 40
36 80
32 00
4290 20
3751 35
8674 67
434 82
1019 38
840 38
7586 71
4761 73
615 97
9 24
3513 70
8057 11
581 09
523 00
299 00
28 29
241 70
602 44
4686 54
1591 67
382 81
2000 29
18 71
20 53
710 16
1869 24
3059 75
162 89
270 58
235 48
81820 74
a
o
g
H
W
O
g
H
W
Q
H
o
w
3
tof for the Year ending April 30th 1908
NAME OF COMPANY
American Fire
American Assurance Industrial
Atlanta Mutual Association
Bankers Health and Life
Continental Aid Association
Cherokee Mutual Fire
Farmers Mutual Fire
Farmers Cooperative Fire
Farmers Mutual Fire
Farmers Protective FireI
Fire Insurance Co of Georgia
Gate City Fire
Georgia Cooperative Fire
Georgia Mutual Protective Life
German Mutual Fire
Ginners Mutual Fire
Great American Cooperative
Great Southern Home Indl Life
Guaranty Aid and Relief Society
Home Friendly Society
Industrial Life and Health
Live Stock Owners Protve Assn
Merchants Mutual Fire
Mutual Benefit Life
Mutual Benefit Industrial Life
Mutual Life Industrial Life
Mutual Fire
Mutual Fire Indemnity
STATE
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Alabama
Georgia
Maryland
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Amount of In01d Business
surance Writj of Previous
ten During Years in
the Year Force
333290 00
173687 00
580574 00
578191 50
148000 00
317010 00
209565 00
763309 00
30000 00
826913 00
276004 00
49950 00
Total Premi
ums Col
lected on
Old and
New Busins
531640 00
240007 65
22818 25
340 00
47789 70
271460 00
569476 00
7644 07
14231 70
48971 00
55186 45
36115 28
740 00
6817 03
3816 57
150 00
4134 50
1380 00
1545 10
Losses
Paid
1231 27
6541 91
29198 10
18120 50
16262 00
4597 96
6624 00
1511 40
178 00
625 00
25 00
89243 00
436640 00
118000 00
1200 00
31859 80
4875 00
600 00
7307 75
11340 96
307 66
2054 15
14666 40
26007 60
274208 30
10337 41
40903 78
10388 17
1421 00
515 09
2225 76
2023 52
4940 22
17289 35
111882 65
1956 55
4773 25
20 00
Losses
Unpaid
Fees from
Jan 1
1908 to
Jan 1
1909
698 00
500 00
12765 00
51 20
32 00
120 80
32 00
32 00
34 40
34 40
32 00
44 00
48 80
36 80
34 40
32 00
46 40
34 40
41 60
41 60
39 20
60 80
116 00
15 60
44 00
44 00
41 60
41 60
53 60
Tax
76 44
142 32
489 71
551 86
361
7
68
38
1
41
15
40
17
16
50
34
13 80
15 45
73 08
113 41
3 08
20 54
146 66
260 07
2742 08
102 41
409 03
52 62
14 21
3
to
OS
a
o
K
3
H
w
O
f
b
fed
W
fed

fed
td
W
fed
3
o
w
HNew South Mutual Life
Pilgrims Health and Life
Provident Life and Accident
State Mutual Fire
Sterling Mutual Life
South Georgia Farmers Fire
Southeastern Mutual Fire
Southern Life and Health
Southern Life
Sunlight Fire
Southern Mutual Life Assn
Union Mutual Association
Union Benefit Association
Union Fire
Georgia
Georgia
Tennessee
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Western AssuranceGeorgia
557 00
230965 00
720 00
8617 00
335202 00
155078 00
197612 00
221917 00
291186 00
2523 00
27061 20
2117 90
466 00
366525 00
37511 00
367099 00
415410 00
4066 00
43 08
6949 26
12669 25
6677 40
62507 50
70785 60
3385 00
Total 7238102 90 2043306 80 778160 07 342838 14 14196 00
126 00
15340 75
617 70
1698 00
1354 00
4331 11
3923 00
457 25
46020 00
37428 80
233 00
32 00
70 40
34 40
32 00
39 20
36 40
56 00
9 40
32 00
32 00
29 20
89 60
32 00
32 00
39 20
25 23
270 61
21 18
40 66
45
34 71
126 70
66 78
625 08
707 85
33 85


1781 01 7697 62
Q
o
K
H
W
O
f
b
M
W
Q
M

H
W
Total Tax and Fees 9478 63
o
H
3
to
1TABLE No 4
Showing Business done by Accident Marine and Surety Companies in this State for the Year ending April 30th 1908
1
to
oo
NAME OF COMPANY
Aetna Indemnity Co
Aetna Accident and Liability Co
American Bank Insurance Co
American Casualty Co
American Surety Co
American Bonding and Trust Co
American Credit Indemnity
Continental Casualty Co
Empire State and Surety Co
Employers Indemnity Co
Employers Liability Co
Fidelity and Casualty Co
Federal Casualty Co
Fidelity and Deposit
Frankfort Marine Accident Co
General Accident
Great Eastern Casualty Co
Guarantee Co of N A
Hartford Steam Boiler Co
Lloyds Plate Glass
London Guarantee and Acct Co
Maryland Casualty Co
Massachusetts Bonding Co
Metropolitan Casualty Co
Metropolitan Surety Co
National Surety Co
National Life and Accident Co
National Casualty Co
STATE
Connecticut
Connecticut
Minnesota
Pennsylvania
New York
Maryland
New York
Indiana
New York
Pennsylvania
England
New York
Michigan
Maryland
Germany
Scotland
New York
Canada
Connecticut
New York
England
Maryland
Massachusetts
New York
New York
New York
Tennessee
Michigan
Amount of In
surance Writ
ten During
the year
4490763 00
7173850 00
551 38
8298871 00
Old Business
of Previous
Years now in
Force
53 75
96500 00
263510 00
724000 00
Total Premi
ums Collect
ed on old and
new Busins
Losses
Paid
11937 10
50758 16 j
1099 88
23327 04
Losses
Unpaid
2493750 00
4225285 00
351560 00
173800 00
1998161 00
12391 00
8476425 00
409650 00
3888900 00
48090 00
3877210 00
197000 00
12049 21
52935 00
339 13
17605 64
16650 81
6737 50
7269 87
4142 48
233 22
12848 39
6822 64
22668 75
91213 74
7354 91
31570 11
6301 47
34225 88
2303 56
753 30
12049 21
1534 33
16847 94
93190 59
2231 49
1006 00
15769 52
1430 00
13050 34
1729 00
1895 20
9114 33
64192 67
2932 30
8977 59
2439 51
17629 22
684 42
2607 55
864 08
635 10
6722 21
43780 89
4469 47
9 60
3399 90
653 10
864 12
11457 80
3724 47
422 84
Fees from
Jan 1
1908 to
Jan 1
1909
234 28
6085 00
375 00
1478 26
4387 89
675 00
90 98
3000 00
374 00
l4 931 66
16 66
Tax
25 35 119 37
48 80 507 58
34 40
44 00 3 39
176 00 176 06
51 20 166 50
39 20 67 36
75 20 72 70
77 60 41 42
34 40
87 60 226 69
137 60 912 14
51 20 73 55
60 80 315 70
39 20 63 01
75 20 342 26
41 60 23 04
34 40 7 53
147 20 120 49
51 20 15 34
1 46 40 168 47
94 40 931 90
32 00
65 60 157 70
32 00 14 30
152 00 130 5n 17 2n 18 9
36 80
34 40
Q
o
o
p
M
W
Q

W

o
w
HNew York Plate Glass Co
North American Accident Co
Ocean Accident Co
Pennsylvania Casualty Co
Philadelphia Casualty Co
Preferred Accident Co
Rome Industrial Co
Standard Accident Co
Thames and Mersey Marine Co
Title Guaranty and Surety Co
Travelers Indemnity Co
Travelers Accident
United American Accident Co
United States Casualty Co
U S Fidelity and Guaranty Co
U S Health and Accident Co
United Surety
Woodmans Casualty Co
General Accident Co
Total
New York
Illinois
England
Pennsylvania
Pennsylvania
New York
Georgia
Michigan
England
Pennsylvania
Connecticut
Hartford
Pennsylvania
New York
Maryland
Michigan
Maryland
Indiana
Pennsylvania
Total Tax and Fees 10943 92
Company withdrawn
1570600 00
1469500 66
352275 00
1256977 50
1882700 00
1789474 00
22950000 00
8577179 91
1008750 00
1781131 00
449400 00
Ir22O5O6O0
2788850 00
Tiii43 66
51142 52
85744644 79 8710284 48
2379 05
13958 94
37877 23
15239 21
4068 16
8398 25
7557 77
18546 57
4986 40
4518 33
262 10
104892 69
3352 78
51142 52
37714 32
17631 12
7515 86
942 91
1284 75
811598 50
2716 21
5447 09
18233 99
8416 12
6032 10
2800 84
7628 72
5320 00
5996 18
43793 08
2273 84
26401 33
7044 39
13373 20
1083 64
725 69
351558 73
13 24j
298 36
9690 00
1746 00
28 03
100 00
10000 00
3320 00
15155 32
1121 40
37 00
69606 18
78 40
46 40
39 20
46 40
51 20
41 60
113 60
125 60
34 40
39 20
41 60
51 20
77 60
149 60
58 40
68 00
34 40
23 79
139 58
378 77
152 39
40 68
75 58
185 47
49 86
45 18
2 62
048 93
33 53
511 44
377 14
176 31
64 58
9 43
12 85
2922 55
8021 37
O
o
g
H
W
O
r
w
Q
W
w
F
r
M
o
w
H
3
to
NAME OF COMPANY
American Mutual Benefit Association
American Woodmen
Catholic Knights of America
Citizens Mutual Benefit Society
Columbian National
Eminent Hsehold ColumbianWoodmen
farmers Home Beneficiary
Farmers Mutual Life Protective
Farmers Life Confederation
Foresters
Fraternal Union of America
Fraternal Relief Association
Fraternal Bankers
Fraternal Life Association
Fraternal Mystic Circle
Heptasophs
Home Friend
Heralds of Liberty
Homesteaders
STATE
Colorado
Kentucky
Georgia
Georgia
Georgia
Canada
Colorado
Virginia
Illinois
Georgia
Pennsylvania
Maryland
Georgia
Alabama
Knights of Honor m
KnilhtsofAgricufture MS8Un
Keystone Guard
Knights of Columbus
Knights of Modern Maccabees
Knights of Pythias
Ladies of the Maccabees
Legion of Red Cross
Masons Annuity
Modern Brotherhood of America
Modern Workmen of the World
National Benevolent Society I Missouri
District of Columbia
Connecticut
Michigan
Illinois
Michigan
Delaware
Georgia
Iowa
Assets
4948 46
872797 48
86593 69
580468
li47566661
290230 62
17970 82
4049 53
385897 92
946533 04
30268 29
20407 21
369625 87
1287 65
209718548
482927 14
2086312 62
3023975 34
18005 82
168649 19
681748 89
24646 18
32019 23
Liabilities
2145 60
33949 55
515905
874989 05
249784 46
5000 00
148 50
166753 41
267675 00
11503 22
2290 20
593276 76
96000 00
113702 23
175152 11
143514 37
1500 00
89821 09
Income
8305 10
752563 73
355 00
13424281
25105 99
433334648
397937 78
29948 30
6678 60
16995 38
581835 17
1480956 64
790 00
63775 17
78133 22
2636803 33
4208 84
975972i5
1374637 75
2510 59402
1645882 29
47408 01
103363 86
980010 77
30502 99
84953 36
Expenditures
8422 40
742713 21
355 00
8L47069
2210458
32574732
382185 08
32927 01
4729 07
15924 74
544437 82
1432435 92
753 70
52780 79
62095 48
2639313 40
3657 72
6T68o381
1384936 49
2147622 38
1044977 33
55529 87
57558 25
905121 44
21825 63
82739 51
Fees
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
co
Q
o
g
H
w
o
t1
w
6
w

t1
go
w
o
u
PINational Fraternal League
National Life and Annuity
National Protective Legion
National Union Fraternal Life
North American Union
Old Dominion Protective
Peoples Mutual Benefit Association
Retail Merchants Association
Royal Arcanum
Royal Benefit Society
Royal Fraternal Union
Southern Protective Association
Sailors
Senate National Union
Southern Benevolent Life
United Commercial Travelers
United Benevolent Society
Union Fraternal Association
United Protective Association
Total
Pennsylvania
Georgia
New York
Georgia
Illinois
Virginia
Georgia
Massachusetts
Dist of Columbia
Missouri
Georgia
Tennessee
Georgia
Ohio
Georgia
Mississippi
Georgia
2575 62
6376 93
2659591 04
1617 44
557276 80
7327 17
957 10
5428362 14
22609 24
19588 76
6030 82
325403 46
850 00
113 75
17365 00
35056 78
540 10
826727 29
5866 27
7920 90
1200 00
72323 92
32166118 28
12713 00
5527 00
4670697 75
15602 25
256753 68
22051 35
2285 25
944067 05
141651 62
65455 35
5948 59
500 00
534755 48
5666 50
1550 25
3809478 55
32990532 07
11844 38
5150 11
4491158 28
15534 89
182202 64
16438 41
2390 94
3180040 25
136565 10
65425 95
7783 01
60 41
455908 58
5505 00
1250 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
10 00
29216687 59 500 00
O
o
g
H
W
o
g
i
w
I
O
Si

co 1906 Inclusive
1900
1900
1900
1900
1901
1901
1901
1901
1901
1902
1902
1902
1902
1902
1902
1902
1903
1903
1903
1903
1903
1904
1904
Fire
LifeII
Cooperative
Accident Surety and Marine
Fire Companies
Old Line Life Companies
Assessment Life Companies
Accident Plate Glass Marine and Surety Cos
Fraternal Orders
Fire
Old Line Life
Assessment Life
Amount
Insurance in
Force
Accident Plate Glass Marine and Surety Cos
Fraternal Orders
179561495 07
92223613 31
7847605 00
76015608 11
231234339 40
132654379 80
4659699 50
106758014 37
Premiums
Agents Tax receipted for as fees by mistake
Overpayment of fees
Fire
LifeI
Cooperative
Accident Surety and MarineI
Fraternal Orders
Fire
Life
19041 Cooperative
1904 Accident Surety and Marine
1904 Fraternal Orders
Less Overpayment
1905 Fire
1905lLife
234719433 69
140409404 72
4848391 00
101564929 45
2419054 02
3989954 41
276811 01
260701 94
2799184 25
4096642 95
231899 72
329627 1
Losses
No
Agents
225048844 32
142672751 34
5903650 15
99933279 56
3002653 49
4799931 23
275400 53
382844 05
1575983 77
1488443 73
100074 48
122829 96
1543133 20
1524301 42
51478 98
150316 41
Fees
280530212 26
171133881 24
9158245 97
100855541 66
3241995 28
5298816 17
303421 89
395082 45
1379395 44
1843778 09
54375 95
203605 77
3535767 42
5980233 56
389008 97
508813 32
274885240 75
197919425 16l
3855589 11
J5618772 04
1431332 91
1758747 09
68363 02
201170 42
1336233 95
2302996 62
99118 97
243934 79
2560991 25
3443227 43
2694
580
152
195
2816
739
127
200
Taxes
2515
744
99
244
2890
739
163
312
3306
957
154
350
3637r
1047
8514 40
2512 00
780 80
1396 80
8839 20
2989 60
848 80
1312 00
220 00
7860 80
3065 60
653 60
1513 60
300 00
30 00
80
8728 00
3117 60
1095 20
1740 80
430 00
9919 60
3640 80
1233 60
1704 00
410 00
60
10746 40
4112 80
5 24190 38
36385 58
2768 10
2607 06
27991 69
40966 36
2334 58
3296 25
Total
30007 81
48057 48
2754 00
3828 40
32817 29
53045 59
3034 20
4453 24
32704 78
38897 58
3548 90
4003 86
36830 89
43955 96
3183 38
4608 25
39692 61
51123 08
3407 60
5342 00
35357 67
59802 33
4046 12
5088 13
39125 73
66605 96
41543 29
56163 19
4129 40
5458 57
45287 20
63443 13
5279 72
6792 13
49872 13
70718 76
Co
to
Q
o
B
itl
H
W
O
F
g
H
W
6
H
j
H
W

m
o
w
H1905
1905
1905
1906
1906
1906
1906
1906
1907
1907
1907
1907
1907
1908
1908
1908
1908
1908
Cooperative
Accident Surety and Marine
Fraternal Orders
Fire
Life
Cooperative
Accident Surety and Marine
Fraternal Orders
Fire
Life
Cooperative
Accident Surety and Marine
Fraternal Orders
Fire
Life
Cooperative
Accident Surety and Marine
Fraternal Orders
12661243 05
99830976 34
334459580 65
238257061 62
9281409 70
94454929 27
267563 37
577022 62
4281305 95
7337848 96
684149 72
666665 49
4477407 90
7908817 60
797547 52
745360 59
4651734 69
8168084 90
778160 07
811598 50
203285 85
248449 44
1659543 25
2665295 69
262025 46
253657 89
2378900 48
2823055 00
32094 57
276193 55
2059941 52
2966297 96
342838 14
351558 73
202
397
1892 80
1912 80
410 00
12595 40
4235 20
2995 20
1936 60
700 00
14408 20
4220 34
2824 80
2613 60
15525 65
4290 20
1781 01
2922 55
500 00
4955 58
5779 25
41991 47
73537 22
9960 93
6036 78
45473 82
79115 51
7783 74
8122 18
460 00
46517 16
81820 74
7697 62
8021 37
6848 38
7692 05
59882 02
83335 85
10108 54
10735 78
62042 81
86110 94
9478 63
10943 92
o
o
S
hi
H
W
O
g
g
w
Q
M
zj
H
W
Error of 2000 paid into Treasury as fees that should have been agents tax
ft
O
W
H
3
00
ooComptrolleeGeneeals Eepoet
735
ASSESSMENT COMPANIES

AMERICAN INSURANCE COMPANY OF ATLANTA GEORGIA
C T Merritt Secretary
M T LaHatte President
Lawton Nalley 304 Temple Court Atlanta Attorney for Service in Georgia
Principal Office 30V Temple Court Atlanta Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 13375 99
IIIncome During Year 1907
Gross amount paid by members to the Association or its Agents without
deductions for commissions or other expenses as follows gm
1 Membership fees
Total paid by members
Interest 7
Cash received from all other sources viz
fund 76715 total
Agents advances 14101 guarantors
Bills receivable 187155 cash
8863 27
4 80
2638 70
2075 01
Total income
13681 78
Total
IIIDisbursements During Year 1907
2 Spayment iaS5SSrS5S5ito members
of officers and other office employees
Total paid to members
12KS2T S 5 ZJJ3rjS
and local agents
6 Bills receivable
7 Salaries and other compensation
I SMI oSSV o
commissions 7 oaqaTm
10 Advertising 20147 blanks and printing 34364 total
ll All other items viz Miscellaneous expense Z7S
Guarantors fund
Total disbursements
IVInvested Assets
Cost value of real estate in cash exclusive of all incumbrances
5 os 0 bonds and stocks owned absolutely
M deposited in banks on reserved fund account
26957 77
1853 67
342 67
2196 34
1957 44
292 11
2389 50
3476 57
611 65
417 60
545 11
474 27
1321 19
13581 78
1200 00
1260 00
1071 13
1507 10
Cash in hands of agents VVSis 00 total 4486 00
Guarantors fund 400000 furniture and U m 95
Charter 10000 supplies 30000 bills receivauie v j ggg gl
9 All other ledger assets
10 Total net or ledger assets
VContingent Assets
13375 99
1000 00
Annuarepaymentsorpremiums in process
yet due
of collection not
4021 85
1266 65
Total due from members
Deduct estimated cost of collection
5279 50
1319 62
3959
2f ZTll SSXiiSsiSB7sri
62651 22
Total
VILiabilities
Losses in process of adjustment or adjusted and not due
Losses resisted by the company
2
4
7 Borrowed money
Total liabilities
425 00
5700 00
1000 00
Business in Georgia During
certificates in force December 31 1900
1907
Nuclei S
Total
7125 00
910200 00
451623 00
2139 1361823 00
1420
719736
ComptbolleeGenebals Eepoet
583265 00
DedU1CnUmber and amount which have ceased to be in force during
1907 101S
Total policies in force December 31 1907 1127 778558 00
AMERICAN ASSURANCE ASSOCIATION OF ATLANTA GA
E P Burns President T
r h H Beam Secretary
Principal Office 710712 Gould Building Atlanta Ga
Hamilton Douglas Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year
II Income During Year 1907
Gross amount paid by members to the Association or its agents without deduc
i J u lr commlssions or other expenses as follows whut deduc
1 Membership fees
2 Weekly dues
5557 47
Total paid by members
IIIDisbursements During Year 1907
855 65
20976 13
21831 78
1 Losses and claims
2 Annual payments and assessments returned
to members
Total paid to members Z
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and directors
87 ArntAani otte eyee
10 Advertising 2710 blanks and printing3272o total
11 All other items viz Interest telephone postage expisTnd Incidentis
Total disbursements
IV Invested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
9 All other ledger assets viz76ffreefurni7tiirerrrrrIrrr
Total net or ledger assets
Contingent Assets
Tn forced3Premium9 due ad Pd on memberships
20 Weekly payments rjaSniGmta pjsTOlitiotoTyrt
6518 44
22 47
6540 91
9673 75
3180 00
554 00
540 60
354 30
884 47
21728 03
5050 00
411 22
200 00
5661 22
21 Total due from members
22 Deduct estimated cost of coUection2oper cent
23 Net amount due from members
245 40
17200 00
17445 40
3489 08
Total assets
13956 32
To
VI Liabilities
kn yixrtoZ penation
Business in Georgia During 1907
Policies or certificates in force December 31 lonn Number
Policies or certificates written during the FwZZLZZZZZZZTZ Im
Total
19617 54
11716 00
Amount
135820 00
145405 00
Deduct mber amount whichhaveeeaedtobeinfocediiring 281235
4994 122390 00
Total policies in force December 31 1907
and claims on policies or certificates paidduringtheyearl
6506
1826
158835 00
6518 44
ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA
F Herndon President M1A LrA
t A Aderhold Secretary
Principal Office 202 Auburn Aye Atlanta Ga
A right Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of
ioitls
previous year
698 68
5500 00ComptrollerGenerals Eeport
737
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
Total paid by members
5 Interest on bonds
7 Cash received from all other sources viz
Revivals
Total income
IIIDisbursements During Year 1907
1 Losses and claims paid to members
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and directors
5 Salaries and traveling expenses of managers of agencies and general special
and local agents
7 Salaries and other compensation of officers and other office employees
8 Rent 95000 taxes 66400 total
10 Advertising 15800 blanks and printing 34750 total
11 All other items viz Postage expressage fuel light miscellaneous
Total disbursements
IVInvested Assets
5 Cost value of bonds owned absolutely
6 Cash in office
8 Agents ledger balances
9 All other ledger assets viz Supplies furniture fixtures etc
10 Total net or ledger assets
11 Deduct depreciations from cost of assets to bring same to market value
Total net or ledger assets less depreciation
VContingent Assets
12 Interest due
15 Market value of bonds over cost
19 Annual payments or premiums due and unpaid on memberships
in force
20 Annual payments or premiums in process of collection not yet
due
2114 30
51328 00
21 Total due from members
22 Deduct estimated cost of collection
23 Net amount due from members
24 vill other assets viz Revivals and all other sources
53442 30
12116 63
Total assets
VILiabilities
7 Borrowed money including 15000 interest due or accrued
8 To officers or others for advances on account of expenses of organization
9 Amount of all other liability viz Miscellaneous
Total liabilities
Business in Georgia During 1907
Number
Policies or certificates in force December 31 1906 15351
Policies or certificates written during the year 1907 128UI
45345 75
46244 80
300 00
815 05
28623 99
8898 70
650 00
2981 40
1869 40
1614 00
505 50
1342 21
46485 20
5500 00
450 00
2114 30
2350 00
10414 30
1417 74
073 33
150 00
500 00
42116 63
418 20
6500 00
2100 00
280 00
Amount
390043 00
334284 00
Total 28180
Deduct numberand amount which have ceased to be in force during
1907
Total policies in force December 31 1907 18821 f
Losses and claims on policies or certificates paid during the year 1907
724327 00
258419 00
465908 00
28623 99
BANKERS HEALTH AND LIFE INSURANCE CO OF MACON GA
P h Hay President p C Carnes Secretary
Principal Office 509 Second St Maeon Ga
Glawson Fowler Macon Ga Attorneys for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year including bonds 5273 75738
ComptrollerGenerals Report
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues 240 5
55516 65
Total paid by members
Interest
Rents
Cash received from all other sources viz
pany
Officers and directors of the corn
Total income
HIDisbursements During Year 1907
Losses and claims
Annual payments andassessments returned 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
andlocal a 1 g eXpenSes of manaSers of agencies and general special
7 Salarietrandother compensation of oScersanTotrofffcTempToyees
8 Rent 95050 taxes 71480 totaI
10 Advertising 32000 blanks and printing aoOdototal
11 All other items viz Fuel lights postage express attorneys fees etc
Total
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account AmerYcanNatTonalBank
10 Total net or ledger assets
VContingent Assets
19 Annual payments or premiums due and unpaid on memberships
in force
20 Annual payments
Annual payments or premiums m process of collection not yet
due J
4761 30
71271 45
76032 75
15206 55
21 Total due from members
22 Deduct estimated cost of collection 20 per centII
23 Net amount due from members
24 All other assets viz Furniture and office nxtures7I67oVobVbooks and
blanks 80000 total
Total
VILiabilities
8 To officers or others for advances on account of expenses of organization
due President of company
9 Amount of all other liability viz Due PresidenTof the company balance on
bonds now deposited with State Treasurer 300000 due officers and di
rectors 3 oO CO j total
Total
Business in Georgia During 1907
57987 40
175 00
60 00
59722 40
16945 00
610 15
17355 15
32445 25
3642 60
959 85
904 05
1665 30
1620 00
710 50
59302 70
5000 00
214 50
478 95
60826 20
2470 00
68999 65
6230 70
6750 00
16094 70
Policies or certificates in force December 31 1906
Policies or certificates written during the year 19071
Number Amount
9952 210208 00
26490 582780 00
Total
Dct number nd amount which haWceased tobe iiTioroe during
i442
18295
Total policies in force December 31 1907 ig 147
and claims on policies or certificates nniH dmino Zr imw
laims on policies or certificates paid during the year 1907
792988 00
400290 00
392698 00
16945 00
CONTINENTAL AID ASSOCIATION OF ATLANTA GA
B M Cross President Tn o i o
ts t T w LeRoy Smith Secretary
Principal Office BrownRandolph Bldg Corner Forsyth and Marietta Sts Atlanta Ga
B M Cross Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 4921 30ComptrollerGenerals Report
739
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
Total paid by members
7 Cash received from all other sources
Total income
IIIDisbursements During Year 1907
2 Total losses and claims paid to members
5 Salaries and traveling expenses of managers of agencies and general special
and local agents
7 Salaries and other compensation of officers and other office employees
8 Rent 68857 taxes 77560 total
10 Blanks and printing
11 All other items viz Miscellaneous expenses
12 Loss and gain accounts
Total 3
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
9 All other ledger assets viz Furniture and fixtures 2
agents 5589 total
cash in hands of
Total net or ledger assets less depreciation
VContingent Assets
19 Annual payments or premiums due and unpaid on memberships
in force 1
20 Annual payments or premiums in process of collection not yet
due
720 45
22630 40
21 Total due from members
22 Deduct estimated cost of collection
23 Net amount due from members
Total assets
23350 85
4670 17
VILiabilities
6 For salaries rents and office expenses
Total liabilities
Business in Georgia During 1907
Number
Policies or certificates in force December 31 1906 6327
Policies or certificates written during the year 1907 10340
Total 22667
Deduct number and amount which have ceased to be in force during
1907
Total policies in force December 31 1907 7151
Losses and claims on policies or certificates paid during the year 1907
2061 85
34844 91
36906 76
2517 68
39424 44
10965 76
21714 27
2705 00
1464 17
295 08
1544 99
68 06
38757 33
5100 00
164 70
Amount
192850 CO
666600 00
859450 00
598330 00
261120 00
10905 76
CHEROKEE MUTUAL FIRE INSURANCE ASSOCIATION OF
CANTON GA
S M Moore President L M Moore Secretary
Principal Office Canton Ga
E W Coleman Canton Attorney for Service in Georgia
IIIncome During Year 1907
1 Membership fees 500 75
Total income 500 75
IIIDisbursements During Year 1907
3 Commissions and fees retained by or paid to agents 457 75
Taxes 43 00
Total disbursements 50 75740
ComptrollerGenerals Eeport
EMPIRE LIFE INSURANCE CO OF ATLANTA GA
Wm W Reid President Thos M 0aliaway st
Principal Office Fifth Floor Peters Building Atlanta Ga
Wm W Reid Atlanta Attorney for Service in Georgia
IBalance Sheet
imount of net or ledger assets December 31st of previous year 189231 06
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions tor commissions or other expenses as follows
2 Annual dues
Total paid by members
5 Interest
6 Rents 15000 advances to agents returned
7 Cash received from all other sources
S63256 total
Total income
IIIDisbursements During Year 1907
1 Losses and claims
2 Annual payments and assessments returned tomembersrD7v7denlsI
Total paid to members
Commissions and fees retained bv or paid to agents
SanTlocaTdagterntsenS managers of agenciesandg7neVarspecial
Medical examiners fees whether dcUrecrbmelnbereTrotterwi
RenT o Z t Comvgiio of officers and other office employees
Kent 2Oo906 taxes 197173 total
Advanced to agents to be repaid out of future salaries oVcommfssions
Advertising 171520 blanks and printing 382740 total mlbS10nS
All other items viz Licenses 56373 office expenses 346027 total
Legal fees 192500 surrendered policies 72840 totaL
Total disbursements
IVInvested Assets
1 Cost value of real estate in cash exclusive of all incumbrances
3 Loans secured by pledge of bonds stock or other marketable eollaterals
coaUateraai 1 t n certificates aitgned
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
Premium notes on policies
Guarantee capital notes secured by certificates
8 Agents ledger balances
9 All other ledger assets viz Furniture
Total net or ledger assets
VContingent Assets
8266 and accrued 294895 total
12 Interest due
19 Annual payments or premiurnsdueand unpaid on members
in force less than six months overdue oersmps
dT detedntlOTPrenliUmS jn PrCeSS f clionnoryet
21 Total due from members
22 Deduct estimated cost of collection 6pceit Sol 16
23 Net amount due from members
Total
VI Liabilities
6 Legal reserve
7 Contractual reserve
9 Amount of all other liability
10 Surplus
Total
Business in Georgia During 1907
243338 75
243338 75 6887 26 3782 56 257266 112
511275 49 20450 00 34358 79
54808 79 123907 59 1 21223 46 7055 00 17222 44 4030 79 8525 24 5542 60 4020 00 2653 40
248989 31 950 00 500 00 108455 93 126067 39 10750 85 87834 21 70527 10 43211 88 3219 88
451517 24
8831 51
2595 15
20960 12
29791 63
147780 00
50500 00
36724 80
246304 07
481308 87
Policies or certificates in force December 31 1906 Number Amount
Policies or Certificates written durintr the mr ram
itten during the year 1907 i
Total
37452 00
50785 00
3046 88237 00CompteolleeGenerals Eepoet
741
Deduct number and amount which have ceased to be in force during
1907 756 21065 00
Total policies in force December SI 1907 2290 67172 00
Losses and claims on policies or certificates incurred during the year
1907 12 8425 00
Losses and claims on policies or certificates paid during the year 1907 19575 00
FARMERS MUTUAL FIRE INSURANCE COMPANY OF DAWSON GA
B F Melton President W C Gurr Secretary
Principal Office Dawson Ga
W D Thompson Candler Bldg Atlanta Attorney for Service in Georgia
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees 323 00
2 Annual dues 734 00
3 Assessments 1571 40
Total paid by members 2628 40
IIIDisbursements During Year 1907
1 Losses and claims 1571 40
2 Annual payments and assessments returned to members 587 20
Total paid to members 2158 60
3 Commissions and fees retained by or paid to agents 469 80
Total disbursements 2628 40
Business in Georgia During 1907
Number Amount
Policies or certificates in force December 31 1906 674 710000 OO
Policies or certificates written and reinstated during the year 1907 263 307000 00
Total policies or certificates in force December 31 1907 937 1017000 00
Losses and claims on policies or certificates unpaid December 31 1906 200 00
Losses and claims on policies or certificates incurred during the year 1907 1371 40
Losses and claims on policies or certificates paid during the year 1907 1571 40
FARMERS COOPERATIVE FIRE INSURANCE COMPANY OF BUTTS
COUNTY GEORGIA
A W Walker President J T Goodman Secretary
Principal Office Jackson Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 204 43
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees 4540 79
2 Assessments for losses from fires 7597 00
Total income 12137 79
IIIDisbursements During Year 1907
1 Losses and claims for assessment for losses by fire 7597 00
3 Commissions and fees retained by or paid to agents 3411 82
4 Commissions and fees retained by or paid to officers and dierctors 1068 85
8 Insurance Commissioners fee 40 00
10 Advertising 1000 blanks and printing 4825 58 25
Total disbursements 12175 92
IVInvested Assets
6 Cash in office 166 m
Total net or ledger assets 166 30
Business in Georgia During 1907
Number Amount
Policies or certificates in force December 31 1906 3858 3 755857 00
Policies or certificates written during the year 1lm 1155629 00
Total 4864 4891586 00742
ComptrollerGenerals Report

Deduc number 3nd amount which have ceased t0 be in force during
J07 642 788370 00
Total policies or certificates in force December 81 1907 4 22 4 103 116 on
Losses and Claims on policies or certificates unpaid December 31 1907 450 9
Losses and claims on policies or certificates incurred during the year 7597 00
Total 8047 95
Losses and claims on policies or certificates paid during the year 1907 759795
THE FARMERS MUTUAL FIRE INSURANCE ASSOCIATION OF
GORDON COUNTY GEORGIA
H B Herrington President j F Hunt Secretary
Principal Office Calhoun Ga
J G B Erwin Attorney for Service in Georgia
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without de
ductions for commissions or other expenses as follows
1 Membership fees 1 100 00
2 Annual dues from mercantile agencies 2214 ki
3 Assessments ijw 39
Total paid by members 6 817 03
IIIDisbursements During Year 1907
Total paid to members for loss by fire wind or lightning S 4 W7 or
3 Commissions and fees retained by or paid to agents 1100 00
4 Commissions and Fees retained by or paid to officers and directors fill 00
10 Advertising 2250 blanks and printing 7056 total 03 06
11 All other items viz License from State 4000 5 agents 150o7trans
femng charter from Secretary of State to ComptrollerGeneral 250 law
yers fees 2000 office fixtures 7500 license 20 shops 4000 totall 305 56
Total disbursements m fi ca Jy
IVInvested Assets
6 Cash in office a r
12 51
Business in Georgia During 1907
m frumber Amount
Total policies in force December 31 1907 1 597 1 100 000 00
Losses and claims on policies or certificates unpaid December 311907l 1 850 00
Losses and claims on policies or certificates incurred during the year 1907 40 4597 96
Total 41 5g47 gf
Losses and claims on policies or certificates paid during the year 1907 40 4597 96
FIRE INSURANCE COMPANY OF GEORGIA DALLAS GEORGIA
B T Drake President T
Principal Office Dallas Georgia J CamP Secretary
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without de
ductions for commissions or other expenses as follows
1 Membership fees
3 Assessments 1779 72
1500 0Q
Total paid by members f
IIIDisbursements During Year 1907
2 Annual payments and assessments returned to members a
3 Commissions and fees retained by or paid to agents
8 Taxes1SS10n8 FCeS retained hy or Paid to ic and dl7ectorsV 83
10 Blanks and Printing l1 5
Total disbursements
Business in Georgia During 1907
Policies or certificates in force December 31 1907 Numj ATnoto m
Policies or certificates written during the year 1907 350 iMLa m
Total policies in force December 31 1907 jn 4q m
Losses and claims on policies or certificates unpaid December 31 1907 I Zr r7
Losses and claims on policies or certificates paid during the year 1907 43 33ComptrollerGenerals Report
743
GATE CITY FIRE INSURANCE COMPANY OF ATLANTA GEORGIA
J A Caldwell President John M Baird Secretary
Principal Office 515 Temple Court Building Atlanta Ga
W I Heyward Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December Slst of previous year 996 82
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees 2687 30
Total paid by members 2687 30
5 Interest 1 48
7 Cash received from all other sources 685 06
Total income 4369 18
IIIDisbursements During Year 1907
1 Losses and claims i 125 00
2 Annual payments and assessments returned to members 202 07
Total paid to members 327 07
3 Commissions and fees retained by or paid to agents 978 80
5 Salaries and traveling expenses of managers of agencies and general special
and local agents 111 72
7 Salaries and other compensation of officers and other office employees 912 36
8 Rent 27500 taxes 4350 total 318 50
9 Advanced to officers and agents to be repaid out of future salaries or com
missions 134 60
10 Advertising 820 blanks and printing 3400 total 42 20
11 All other items viz Expressage and stamps 1972 stenographer 6829
painting 647 total 94 48
Total disbursements 2919 63
IVInvested Assets
6 Cash in office 274 50
8 Agents ledger balances 863 00
9 All other ledger assets viz Bills receivable 312 05
Total net or ledger assets 1449 55
VContingent Assets
19 Annual payments or premiums due and unpaid on memberships
in force P 642 70
21 Total due from members 642 70
22 Deduct estimated cost of collection 30 per cent 192 81
23 Net amount due from members 447 89
24 All other assets viz Due by members as provided by ByLaws not yet
assessed 13436 50
Total assets 13884 39
VILiabilities
2 Losses in process of adjustment or adjusted and not due 100 00
4 Losses resisted by the company 8165 00
7 Borrowed money including 20000 interest due or accrued 200 00
Total liabilities 8465 00
Business in Georgia During 1907
Policies or certificates in force December 31 1906 232 150745 00
Policies or certificates written during the year 1907 157 114210 00
Total 389 264955 00
Deduct number and amount which have ceased to be in force during
1907 154 99775 00
Total policies in force December 31 1907 235 165180 00
Losses and claims on policies or certificates unpaid December 31 1906 6 3800 00
Losses and claims on policies or certificates incurred during the year 1907 6 4365 00
Totai 12 8165 00
Losses and claims on policies or certificates paid during the year 1907 2 125 00744
ComptkollekGenerals Beport
THE GEORGIA COOPERATIVE EIRE INSURANCE COMPANY OP
SAVANNAH GEORGIA
Edw A Smith President Wm J Timblin Secretary
Principal Office 15 Perry Street East Savannah Ga
General P W Meldrim Savannah Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year cash and notes on
hand December 31 1906 706 82
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
3 Assessments 12780 39
Total paid by members 12780 39
7 Cash received from all other sources 614 25
Total J 133M 64
IIIDisbursements During Year 1907
1 Losses and claims 4 733 jg
Total paid to members 736 ig
3 Commissions and fees retained by or paid to agents s387 11
4 Commissions and fees retained by or paid to officers and directors 1836 00
5 Salaries and traveling expenses of managers of agencies and general special
and local agents 742 43
7 Salaries and other compensation of officers and other office employeesII 2378 05
8 Rent and taxes 597 75
10 Advertising blanks and printing IIIIII 266 48
11 All other items 74 70
Total disbursements 13255 68
IVInvested Assets
1 Cost value of real estate in cash exclusive of all incumbrances a sinn
6 Cash in office and Commercial Bank 4J
7 Cash deposited in banks on reserved fund account Macon 144 no
8 Bills receivable i
9 All other ledger assets III d
Charter furniture material IIIIIIII loao 00
Total net or ledger assets i 360507
VContingent Assets
18 Mortuary asessmcnts not yet due 860 00
19 Annual payments or premiums due and unpaid onmembershiDS
in force 42 600 00
20 Annual payments or premiums in process of collection not vet
dUe 4025 28
21 Total due from members in jas oa
22 Deduct estimated cost of collection IIIIIIIIIIIIIIIIIIIIIIIIIIIi 2922 70
23 Net amount due from members i c0
Total assets JJJg f
VILiabilities
LrP5inO0reachS f adjUstment or adius not due two claims estimated
K0
Business in Georgia During 1907
Policieseertifioates written during the year 1907 Class B 00
Class D Iir 16M LOW 00
Losses and claims on policies orcertiflcitwunpaYdliecemDerfflrwOT imi 28
Losses and claims on policies or certificates paid during the year 1907II 29 1736 16
GERMAN MUTUAL FIRE INSURANCE CO OF SAVANNAH GA
C H Konemann President VraA v T
rred Wessels Jr Secretary
Principal Office 17 Bay Street East Savannah Ga
U H McLaws 15 Bay Street East Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 177o8 54ComptrollerGenerals Repobt
745

IIIncome During Year 1907
6 Interest 611 85
7 Cash received from all other sources viz Guarantee fund 8175 00
8 Premiums 190 40
Total income U877 25
IIIDisbursements During Year 1907
7 Salaries and other compensation of officers and other office employees 1430 00
8 Kent 17500 taxes 22439 total 399 39
10 Advertising 17478 blanks and printing 19318 total 367 96
11 All other items viz Interest 395 07
Total disbursements 2592 42
IVInvested Assets
2 Loans on bonds and mortgage first liens on real estate 12650 00
7 Cash deposited in banks on reserved fund account
Commercial Bank general department 24 88
Commercial Bank savings department o nnn m
Germania Bank time certificates Y JJJ
Chatham Bank time certificate lj JJ
Citizens Southern Bank time certificate lV 0
Commercial Bank time certificate 1
9 All other ledger assets viz Premiums outstanding fk m
10 Furniture and fixtures lou
Total net or ledger assets 26993 37
VContingent Assets
24 All other assets viz 10 per cent on account of insurance in force 64109 00
Total assets 91102 37
VILiabilities
7 Borrowed money including 350000 interest due or accrued 3500 00
9 Amount of all other liability viz Guarantee fund 13800 00
10 Sundries 5 OT
Total liabilities 9 17305 07
Business in Georgia During 1907
Number Amount
Policies or certificates in force December 31 1907 483 641090 00
Losses and claims on policies or certificates paid during the year 1907 7 515 09
THE GINNERS MUTUAL INSURANCE COMPANY ATHENS GA
A T Conway President M M Stephenson Secretary
Principal Office 103 ShackelfordHodgson Bldg Athens Ga
M M Stephenson Athens Attorney for Senice in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 6503 60
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees 13145 58
2 Earned premium account 28 46
Total paid by members 13174 04
IIIDisbursements During Year 1907
1 Losses and claims 7164 16
2 Annual payments and assessments returned to members 33 41
Total paid to members 197 57
3 Commissions and fees retained by or paid to agents 476 05
5 Salaries and traveling expenses of managers of agencies and general special
and local agents 5 49
7 Salaries and other compensation of officers and other office employees 2782 34
8 Taxes 20 2n
10 Advertising 500 blanks and printing 12755 total 132 55
11 All other items viz General expense 150 95
Total disbursements 13165 24746
ComptrollerGenerals Eeport

IVInvested Assets
7 Cash deposited in banks on reserved fund account Georgia National Bank 3 706 53
8 Bills receivable 2 0C5 87
9 All other ledger assets viz Office fixturesIZIZZZnZITZZZZIZZZZIZZZ 200 00
Total net or ledger assets g 512 40
VContingent Assets
20 Annual payments or premiums in process of collection not yet
due 7655 66
21 Total due from members 7355 55
22 Deduct estimated cost of collection 5 per centI g82 78
23 Net amount due from members 7 972 g7
Total assets j 3785 27
VILiabilities
1 Losses due and unpaid 1 900 00
2 Losses in process of adjustment or adjusted and not due 1 no
4 Losses resisted by the company ZZZZZZ 20 00
Total liabilities n
49o0 00
Business in Georgia During 1907
Policies or certificates in force December 31 1906 NUIq nn
Policies or certificates written during the year 1907ZZZZZZI 175 328o67 50
Duet number and amount which Tare leased to TeTiT force during 3 636176
1907 17g 325608 50
Total policies in force December 31 1907 166 310 567 50
Losses and claims on policies or certificates unpaid December 31 1906 3 lVgi 92
Losses and claims on policies or certificates incurred during the year
17 7191 72
TOtf 20 11956 64
Losses and claims on policies or certificates paid during the year 1907 17 7 006 64
GREAT SOUTHERN HOME INDUSTRIAL ASSOCIATION OF
BIRMINGHAM ALA
W L Lauderdale President E D Coleman gecretary
Principal Office 1727 Third Ave Birmingham Ala
M J Taylor Columbus and W L G Pounds Atlanta Attorneys for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 15784 57
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues 2959 40
4g27 7i
Total paid by members
5 Interest 61187 14
6 Rents 180 00
247
Total income
ttt rZT 516 64
111Disbursements During Year 1909
1 Losses and claims
39591 40
Total paid to members
3 Commissions and fees retained by or paidtoagents 2S i
4 Commissions and fees retained by or paid to officersanddTrectorsZZ 2S
a ii avs gexpenses of managers of agencies and sa
8 lentriei S2 zTV 5Sh HmpioS IS 20
8 Rent 105480 taxes and licenses 36995 total ti
10 Advertising miscellaneous expenses blanks and printingZ yEi 00
11 All other items viz Attorneys fees Jii 8S
3800 00
Total
BZz 27CompteollebGeneeals Repoet
747
IVInvested Assets
1 Cost value of real estate in cash exclusive of all ineumbrances
6 Cash in office
7 Cash deposited in banks on reserved fund account Alabama Penny Savings
Bank
Anniston Bonds deposited with State Treasurer
8 Agents ledger balances 12375 00
9 All other assets viz Furniture
Total 4
Total net or ledge rassets
VContingent Assets
12 Interest accrued
13 Rents due and accrued
14 Market value of real estate over cost
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and unpaid on memberships
in force
20 Annual payments or premiums in process of collection not yet
due
5739 25
70129 80
21 Total due from members
22 Deduct estimated cost of collection
75869 05
19361 87
23 Net amount due from members
Total assets
VLiabilities
6 For salaries rents and office expenses
8 To officers or others for advances on account of expenses of organization
Total liabilities
Business in Georgia During 1907
Number
Policies or certificates in force December 31 1906 8455
Policies or certificates written during the year 1907 820
14275
12450
15500 00
239 00
S25 00
6000 00
25359 50
8445 94
145 00
304 00
15500 00
6000 00
56507 18
86902 12
1000 00
500 00
Total
Deduct number and amount which have ceased to be in force during
1500 00
Amount
58188 34
15009 00
73197 34
69542 75
Total policies in force December 31 1909 1825
Losses and claims on policies or certificates incurred during the year
into 600
3654 59
1940 98
GUARANTY AID AND BELIEF SOCIETY OF SAVANNAH
L E Williams President
Walter S Scott
Principal Office 468 West Broad Street Savannah Ga
Sol C Johnson Savannah Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous yearS
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
Total paid by members
5 Interest
Total income
IIIDisbursements During Year 1907
1 Losses and claims V
2 Annual payments and assessments returned to members
Total paid to members
3 Commissions and fees retained by or paid to agents rrrT
5 Salaries and traveling expenses of managers of agencies and general special
7 SafariesCandaoSer
8 Rent 40757 taxes 34368 total
GA
Secretary
5631 28
702 40
13542 90
14245 30
225 00
14470 30
4730 63
16 25
4746 88
4808 47
1526 78
1575 70
751 25748
ComptrollerGenerals Report
10 Advertising 0500 blanks and printing 3250 total 127 50
11 All other items viz Interest 46400 postage and incidentals 33729re
duction of loan 25000 total j q51 2q
Total disbursements 14 587 87
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 5 225 00
6 Cash in office T 63 71
9 All other ledger assets viz Furniture and BxtuorII 225 00
Total net or ledger assets SisTti
VContingent Assets
19 Annual payments or premiums due and unpaid on memberships in force 403 20
20 Annual payments or premiums in process of collection not yet due 18460 00
21 Total due from members ig ego 90
22 Deduct estimated cost of collection 1ZZZZZZZZZZZZZZZ 4715 80
23 Xet amount due from members 14 147 40
Total assets 14147 40
VILiabilities
7 Borrowed money g
Total liabilitiesj
Business in Georgia During 1907
Policies or certificates in force December 31 1906 fnl m
Policies or certificates written during the year 1907ZZZZZZZZ 5im mmt 00
n I01 i 10973 251649 00
Deduct number and amount which have ceased to be in force during
6842 174575 00
Total policies in force December 31 1907 7io7
T 4131 074 00
Losses and claims on policies or certificates paid during the year 1907 1356 4730 53
HOME FRIENDLY SOCIETY OF BALTIMORE MD
Geo A Chase President D T
B L Talley Secretary
Principal Office 1026 Linden Ave Baltimore Md
Geo L DeGaut Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year ygg 07
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without dertnc
tions for commissions or other expenses as follows tnout deduc
1 Membership fees
3 Assessments 1 MQ
4 For stationery and duplicates 329472 14
285 59
Total paid by members
6 Rents 3S0m 73
7 AgSentseebeoVn frm ther KO f Ts
550 00
Total income
7 332221 91
ill Disbursements During Year 1907
1 Losses and claims
2 Annual payments and asseimVnteVeturned tomemberVand dfvTdenZZZZZZZZ JfJ 90
Total paid to members
3 Commissions and fees retained by or paid to airents 169345 76
6 StTlin of atg3encTadgeneralZsScIal
6 Medical examiners fees whether paid direct hJrrZwhLC 67748 00
J AmS z ffcrsadgentst0 be ssisrsissrssssrsrss 4629 9i
10 Advertising blanks and printing 791 05
s 7206 07ComptbolleeGenbbals Eepobt
749
31 All other items viz Interest 31680 postage 67593 total 9 73
Agents bonds 34700 attorney fees 33725 furniture J29850 total 982 75
Real Estate Expense 114975 expense account 419564 total iD d
322824 08
Total disbursements
IVInvested Assets
1 Cost value of real estate in cash exclusive of all incumbrances 1M60 00
5 Cost value of bonds and stocks owned absolutely 20gl gg
7 Cash sted 7n banks
wealth Bank 144461 Audit Savings Co 108333 Eutaw Savings 1000
Sral Savings 1000 Provident Savings 1000 Commonwealth Savmgs
1000 total 8J069 35
8 In deposit at agencies r 4 040 00
9 All other ledger assets viz Bills receivable J
79 535 90
Kc leprecSs oTecuritTs from rt Yl to
market value
76360 05
Total net or ledger assets
VContingent Assets
2119 00
12 Interest due and accrued 15750 00
14 Market value of real estate over cost V e atR no
17 Mortuary assessments due and unpaid on memberships m force 6806 00
6806 00
21 Total due from members 680 60
22 Deduct estimated cost of collection
6125 40
23 Net amount due from members 3 g76
24 All other assets viz Balance due on fire insurance
104229 45
Total assets
VILiabilities
1100 00
1 Losses due and unpaid
1100 00
Total liabilities
Business in Georgia During 1907
Number Amount
urn nonfi 7371 520050 00
Policies or certificates in force December 31 1906 f w
Policies or certificates written during the year 1907 oio
11244 791160 00
DeductnumberTndVmJuntVwchhive ceased to be in force during
1907
1MW 7961 560420 00
Total poHcies in force December 31 19W 23080 65
Losses and claims on policies or certificates paid during the year 1907 ooua
INDUSTRIAL LIFE AND HEALTH INSURANCE CO OF ATLANTA GA
I N Sheffield Secretary
J N McEachern President
Principal office 502511 Austell Bldg Atlanta a
Walter McElreath Atlanta Attorney for Service in Georgia
Balance Sheet
Amount of net or ledger assets December 31st of previous year 25348 16
IIIncome During Year 1907
Cross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees 448772 65
2 Annual dues
461331 75
Total paid by members 2647 56
fSromYl 2000000
Florida laws
483979 31
Total income aiw
HIDisbursements During Year 1907
1 Losses and claims Death claims 2 J
2 Annual payments and assessments returned to memoer
io2oy i
Total paid to members 750
ComptrolleeGtenebals Report
3 Commissions and fees retained by or paid to agents 10K a m
wm1SS10nH fnd reS retained hy or Paid t0 offic and dlreSorZ 5
and locaf agente S eXPenSeS f manager3 f agencieS and eral special
Kent 66999 taxes State 645888 city 162803 total ij on
10 Advertising 386678 blanks and printing 260450 total 2S
niturer TUfaT 1251 PStag6 and eXpreS3 fto
mtoif P1169raTtoeFTe7s7i27593o7TneTdentaIs
3S56 39
Total disbursements 2
452868 84
VInvested Assets
2 Loans on bond and mortgage first liens on real estate 6 590 m
5 Cost value of bonds and stocks owned absolutely rSX C
o Cash m office ioouu uo
All other deposits Third NatTonaf TtlMTaVVV 0 HJ i
Carolina Trust Co Raleigh NO
9 sothlrerTlefdgf ti rz rAua i m
Southern Life Health Insurance Co SXX
Total net or ledger assets T r
5645S 63
VContingent Assets
12 Interest accrued
15 Market value of bonds and stocksovereost i5 UU
23 Net amount due from members
24 All other assets viz Furniture 960600 books aid bUMUtoU 10506 00
Total assets 2
276672 63
Business in Georgia During 1907
Policies or certificates in force December 31 1906 N A4 m
Policies or certificates written during the year U1IIZIII Wm lllTm 00
Deduct numberaTdTmount which hwarto be ta 7oreVdurTngl9W IlW TMS 00
Total policies or certificates in force December 31 1907 81 28 1 714 679 on
Policies or certificates in force December 31 1906I 41 I SS2
Policies or certificates written during the year 1907ZZ 43323 218615 00
Deduct number ImiiiibitaYiiium aOil 29M12 00
Total policies in force December 31 1907 43799 919779 00
THE MERCHANTS MUTUAL FIRE INSURANCE CO OF ATLANTA GA
MUTUAL BENEFIT LIFE INSURANCE CO OF GEORGIA
A V Simms President
w A Simms Secretary
Wm A Wright Attorney for Service in Georgia
Principal Office Valdosta Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 8 048 13
IIIncome During the Year 1907
Gross amount paid by members to the Association or its Agents without de
ductions for commissions or other expenses as follows de
1 Membership fees
2 Annual dues 4207 50
3 Assessments 2927 05
25156 25
Total paid by members
7 Cash received from all other sources 32290 80
Total income 10375 45
HIDisbursements During Year 1907 42666 25
1 Losses and claims
3 Commissions and fees retained byorpaidto Agents 27153
7 Salaries and other compensation of officers and 3STESnZZZ l fs
10 Advertising 22000 blank andprtottaffrSo6rtotaiI7 24
Total disbursements
32290 80ComptrollerGenerals Eeport
751
IVInvested Assets
7 Cash deposited in banks on reserved fund account Citizens Bank
All other deposits Citizens Bank Valdosta
Total net or ledger assets
18 Mortuary assessments not yet due
21 Total due from members
22 Deduct estimated cost of collection
4485 00
27 80
23 Net amount due from members
VILiabilities
1 Losses due and unpaid Six losses 66000 each
Business in Georgia During 1907
Number
Policies or certificates in force December 31 1906 3200
Policies or certificates written during the year 1907 M
Total
Deduct number and amount which have ceased to be in force during
3820
1170
1427 32
8948 13
10375 45
4485 00
4457 20
3900 00
Amount
Total policies in force December 31 1907 LJ0
Losses and claims on policies or certificates unpaid December 31 1907
Losses and claims on policies or certificates incurred during the year
Losses andclaini7onpoiiclesorcertificates paid during the year 1907
6
29
23
3900 00
18850 00
14950 00
Jno A Darwin President
MUTUAL LIFE INDUSTRIAL ASSOCIATION OF GEORGIA
ATHENS GA
L H Fargason Secretary
LBalance Sheet
Amount of net or ledger assets December 31st of previous year
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
3 Assessments 270314 00
Total paid by members 312456 82
IIIDisbursements During Year 1907
1 Losses and claims 235056 00
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and directors
5 Salaries and traveling expenses of managers of agencies and general special
and local agents
7 Salaries and other compensation of officers and other office employees
8 Rent 57498 taxes 82158 total
m Advertising 14770 blanks and printing 119840 total
11 All other items viz Postage
Other items
Total disbursements rr 306157 25
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office 7
7 Cash deposited in banks on reserved fund account
8 Agents ledger balances
9 All other ledger assets
65777 64
19305 65
22837 17
9893 03
35258 00
8178 15
4998 93
1396 56
1346 10
1550 26
8480 22
20000 00
12104 25
39113 00
459 96
400 00
VContingent Assets
15 Market value of bonds and stocks over cost
4000 00
Total assets
76077 21
Business in Georgia During 1907
Number Amount
Policies or certificates in force December 31 1906 24254 16647887 00
Policies or certificates written during the year 1907 3568
27822
Total
2301360 00
17948757 00752 ComptrollerGenerals Eepobt
Deduct number and amount which have ceased to be in force during
g g34 2868288 00
Total policies in force December 31 1907 or nS8 isnsn jro no
Losses on policies or certificates paid during the year vmSZ 251 ulm 00
THE MUTUAL FIRE INSURANCE CO OP CORDELE GA
M J Morris President t n t i a
J G Portis Secretary
Principal Office 26 Twelfth Avenue West Cordele Ga
W H Dorris Cordele Ga Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 30 02
IIIncome During Year 1907
1 Membership fees w ffl
Total paid by members 10946 81
IIIDisbursements During Year 1907
1 Losses and claims
4894 2
Total paid to members i
3 Commissions and fees retained by or paid to agents 9 Sk 18
4 Commissions and fees retained by or paid to officers and directors 1 527 07
s7 SSrftaraSSfShd officers and other oflice 00
W A3600iSintotal7275 bl3nkS ad printing 9s7wWaOfShto
11 All other items viz License V72927stampsrioioortotai IS 14
Attorney fee 5500 iron safe 13000 total1llil ig5 00
Total disbursements 10927 04
IVInvested Assets
6 Cash in office
VContingent Assets
19 Annual payments or premiums due and unpaid on memberships
in torce a 9
20 Annual payments or premiums in proeesVof colfecTionnoVvet
3191 85
21 Total due from members aix
22 Deduct estimated cost of collection qi
23 Net amount due from members
jj 500 OU
Total assets T
VILiabilities
1 Losses due and unpaid 1 ion no
2 Losses in process of adjustment or adjusted md nrtdiieIZ 1625 00
Total liabilities j 725 00
Business in Georgia During 1907
Policies or certificates in force December 31 1906 I Amount
Policies or certificates written during the year 1907I 2805
DmT numcr aml owu5T Vecedtobetoforcedurtoi 6837 S1m
Total policies in force December 31 1907 To n R
losses and claims on policies or certificates unpaid December 31 1907 I 7S X
Losses and claims on policies or certificates incurred during the year lmSV lew 72
Total
Losses and claims on policies or eert5flcatesp7id duringtnVywi07lIl 4394 72
MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION OF
GEORGIA SAVANNAH GA
A Ranzin President w m
W T McCoy Secretary
Principal Office 826 W Broad St Savannah Ga
Samuel A Boorstin 901 Century Blag Atlanta Attorney for Service in GeorgiaComptbolleeGenebals Eepoet
753
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 5750 00
IIIncome During Tear 1907
544 50
1 Membership fees T 5 904 g5
2 Weekly dues
6 449 45
Total paid by members 225 00
5 Interest ZT o 000 no
7 Cash received from all other sources viz Advanced by officers w
8674 45
Total
IIIDisbursements During Year 1907
S 1908 25
1 Losses and claims m
2 Weekly payments and assessments returned to members
Total paid to members S5 5
S Commissions and fees retained by or paid to agents
8 Rent 18175 taxes 13775 total
10 Advertising 26854 blanks and printing o5000 total i 0
11 All other items viz Interest paid
ju t 8657 49
Total disbursements v
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 5750 00
5750 00
Total j 403 Y3
8 Agents ledger balances r m
9 All other ledger assets viz Office furniture J2
478 75
10 Total net orledger assets including bond value as above 5766 96
11 Deduct depreciations from cost of assets to bring same to
market value 5516 96
5 995 71
Total net or ledger assets
VContingent Assets
15 Market value of bonds and stocks over cost I12 0
19 Weekly payments or premiums due and unpaid on memberships
in force
20 Weekly payments or premiums in process of collection not yet
due 14190 00
21 Total due from members fSt l
22 Deduct estimated cost of collection 20 per cent2J1H 75
23 Net amount due from members 11675 00
17782 71
Total assets 4
VILiabilities
8 To officers or others for advances on account of expenses of organization
and bonds
Business in Georgia During 1907
Number Amount
Policies or certificates in force December 31 1906 jg 3JJ o
Policies or certificates written during the year 190 3652 1340
4030 150530 00
Deduct0numberVnd amount which have ceased to be in force during
1907 J
1 01 ntv7 2742 88260 00
Total policies in force December 31 19WVjiVioiw 174 1908 5
Losses and claims on policies or certificates paid during the year 190 54
NEW SOUTH MUTUAL LIFE INSURANCE CO OF ATLANTA GA
B S Calhoun President W E Currier Secretarv
Principal Office 712 Temple Court Bldg Atlanta Ga
A M Brand Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 20000 00754
ComptrollerGenerals Eeport
1 Membership fees
Total paid by members
7 Cash received from all other sources
IIIncome During Year 1907
Total income
IIIDisbursements During Year 1907
Total disbursements
IV
Invested Assets
5 Cost value of bonds and stocks owned absolutely
7 Cash deposited in banks Third National Bank Atlanta Ga 32400Farmers
Bank Glenwood Ga 4500 total
Total net or ledger assets
VContingent Assets
16 Due from members for claims not yet assessed
21 Total due from members
24 All other assets viz Office furniture and fixtures 1
blanks 10000 total
126 00
000 stationery and
Total assets
VILiabilities
8 To officers or others for advances on account of expenses of organization
9 Amount of all other liability viz
Total liabilities
Business in Georgia During 1907
Policies or certificates in force December 31 1907 iS
Policies or certificates written during the year 1907 495
Total
DM0t nUmber and amount which have ceasedtobeTniorceduring
495
1
Total policies in force December 31 1907
Losses and claims on policies or certificates paid during the year 19otI
2238 00
223S 00
646 50
1 Losses and claims
Total paid to members
3 Commissions and fees retained by or paid to agentsIII I
5 Salaries and traveling expenses of managers of agencies and general special
and local agents
8 Rent ZI
10 Blanks and printing
11 All other items viz Stamps 10097 license 20L10 total 1
Office furniture etc 16000 organizing 11750 total
2884 50
126 00
126 00
1198 63
196 00
110 00
305 30
302 07
277 50
2515 50
20000 00
369 00
20369 00
126 00
260 00
117 50
529 00
646 50
Amount
494000 00
494000 00
495000 00
1000 00
494
1
494000 00
1000 00
PILGRIM HEALTH AND FIRE INSURANCE CO OF ATLANTA GA
H C Young President T1 T
llios 1 Walker Secretary
Principal Office 111113 Ninth St Augusta 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 1907
Gross amount paid by memliers to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
7253 30
855 15
19S71 30
Total paid by members
Interest
Cash received from all other sources viz
merits
h nils dh 111 its and endcrsi
Total income
20720 45
200 00
155 95
21082 40Comptroller General s Report
755
IIIDisbursements During Year 1907
1 Losses and claims P
2 Annual payments and assessments returned to members
Total paid to members
S Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and directors
5 Salaries and traveling expenses of managers of agencies and general special
and local agents
7 Salaries and other compensation of officers and other office employees
8 Rent 27500 taxes 30047 total
9 Advanced to officers and agents to be repaid out of future salaries or com
missions
10 Advertising 13185 blanks and printing 34510 total
11 All other items viz Furniture and fixtures 9525 postage expressage and
fuel 33605 total
Total disbursements
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
7 Si dVositedinbankson reserved fund account IrishAmerican Bank
All other deposits IrishAmerican Bank
8 Agents ledger balances
Total net or ledger assets
VContingent Assets
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and unpaid on memberships
20 AmuaTaymentsTr premiums in process of collection not yet
due
1533 95
35197 10
21 Total due from members
22 Deduct estimated cost of collection
36731 05
9182 76
23 Net amount due from members
Total assets
VILiabilities
8 To officers or others for advances on account of expenses of bonds
9 Amount of all other liability viz Printing
Total liabilities
Business in Georgia During 1907 Number
Policies or certificates in force December 31 1906
Policies or certificates written during the year 1907
10090 35
70 35
10160 70
6286 85
1119 10
949 24
790 65
575 47
60 00
476 95
5200 00
51 72
450 25
180 42
7485 44
200 00
5200 00
179 05
5379 05
Amount
548920 00
171020 00
35997 719940 00
7822 156440 00
563500 00
10090 35
DeducrnumberandlmounYwhrchhave ceased to be in force during
1907
98 175
Total policies in force December 31 1907rrir
Losses and claims on policies or certificates paid during the year 1907
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OF
CHATTANOOGA TENN
t Robert J Macclellan Secretary
Thomas Macclellan President
Wm A Wright Atlanta Attorney for Service in Georgia
IBalance Sheet
Cross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Monthly dues
Total paid by members
5 Interest
6115 00
52586 02
58701 02
1000 00
Total income
IIIDisbursements During Year 1907
1 Losses and claims
Total paid to members
59701 02
17665 29
17665 29756
CompteollebGeneeals Eepoet
3 Commissions and fees retained by or paid to agents 12 309 80
4 Commissions and fees retained by or paid for collecting g717 77
5 Salaries and traveling expenses of managers of agencies and general special
and local agents gn
6 Medical examiners fees whether paid direct by members or otherwise 403 00
7 Salaries and other compensation of officers and other office employees R 9tO no
8 Rent 62500 taxes 32636 total SV
10 Advertising and for blanks and printingI 1 017 56
11 All other items viz Insurance Department fees 309 7
Legal expense 6
Traveling expense 95813 general expense 64315 total 160128
Total disbursements 50 en
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely jq 000 00
7 Cash deposited in banks on reserved fund account Citizens BankTrust
Co Chattanooga 0 000 00
All other deposits Citizens Bank Trust Co Chattanooga4213i2 Bank
of Appalachia Va 7324 total 4 ogg 33
8 Agents ledger balances 111 184 63
9 All other ledger assets viz Premiums collected and in courseof remittance i949 15
Total net or ledger assets 35 07S 39
VILiabilities
9 Amount of all liability viz Agents credit balances 615 other credit
balances 433567 total g 4 341 g
Total liabilities c 43418
Business in Georgia During 1907
r Number Amount
Policies or certificates written during the year 1907 440 110000 00
ru 1 Total z r7 44 110000 00
Deduct number and amount which have ceased to be in force during
1907 ggj 90734 00
Total policies in force December 31 1907 7g i 19 266 00
Losses and claims on policies or certificates paid during the yearl907I 55 415 15
STERLING MUTUAL LIFE INSURANCE CO OF MADISON GA
F C Foster Sr President A q Foster Secretary
Principal Office Madison Morgan County Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 474 00
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees 4 743
2 Annual dues 816 0fl
3 Assessments cnfi oc
Total paid by members 5 657 25
IIIDisbursements During Year 1907
1 Losses and claims 0 q
Total paid to members or beneficiaries on death claims 4gl00
3 Commissions and fees retained by or paid to agents 2 966 25
5 Salaries and traveling expenses of managers or agencies and general special
and local agents 119 50
7 Salaries and other compensation of officers and otheVofficeemployees 601 st
8 Rent 12000 taxes 9730 total empiovees 691 53
10 Advertising 588 blanks and printing 20179 officefix7ures1i6rrtotai 257 67
11 All other items viz Electric lights 15 stationery 50 stamps 75 total 140 00
T0taI 43ls
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 5 000 00
7 CLho dpited j anks on reserved fund account Morgan CountyBank7
m I i V MonOP Ga P8 iv National Bank Dublin Ga
523 Bank of Crawford Ga 81 National Bank of Greensboro Ga 70
Oconee County Bank 31 Newton County Bank 34 Citizens Bank Wavnes
boro Ga 6 Bank of Henry County 8 Upson Bank Trust Co 5
Bank of Richland 21 total 1 258 00
Total net or ledger assets ZZL658
ComptbollebGenerals Eepobt
757
VContingent Assets
17 Mortuary assessments due and unpaid on memberships in force f
W Annual payments or premiums due and unpaid on memberships in force 40 00
21 Total due from members
Business in Georgia During 1907
Policies or certificates in force December 31 1906
Policies or certificates written during the year 1907
1423
Deduct0numDerand7mountVhTcirhaveceaied to be in force during
1907
Total policies in force December 31 m1 481 00
Losses and claims on policies or certificates paid during the year 1907H
SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OE
THOMASVILLE GA
Robt Alexander Secretary
Jessee Ward Jr President
Principal Office Thomasville Ga
E L Neal Thomasville Attorney for Service in Georgia
IIIncome During Year 1907
127 59
1 Membership fees ZI 2030 10
3 Assessments
2157 69
Total income
IIIDisbursements During Year 1907
1493 50
1 Total paid to members 116 61
3 Commissions and fees retained by or paid to rjJ 600 03
4 Commissions and fees retained by or paid to officers and directors
8 Taxes TjZatlll 46 00
11 All other items viz License paid to State
2 157 69
Total disbursements
VILiabilities
160 00
316 00
Total liabilities
Business in Georgia During 1907
Number Amount
v oi ion 445 3980S5 00
Policies or certificates in force December O 190 12 760 00
Policies or certificates written during the year 1907
464 410845 ft
D jiJIlLteansssss tesrsartrs tris during 62 w
1907
1MW 402 360845 00
Losses rXZ 19W 203
SOUTHEASTERN MUTUAL FIRE INSURANCE CO MACON GA
DU u H E Harrison Secretary
T E Mansfield President r
J Principal Office 419 Second Street Macon Ga
F P Mansfield Macon Attorney for Service in Georgia
II Income During Year 1907
as gzS aswsr
1 Membership fees 765 15
2 Annual dues 4527 57
3 Assessments
Total paid by members 7i7TiHv7nced bv officers to defray
7 Cash received from all other sources viz Advanced oy o
expenses of organization etc
19579 00
Total income ITion
IIIDisbursements During Year 1907
f t S5 100 prepaid claims 35 total 5135
I Losses and claims Assessment claims 51W prep ToO
Total paid to members 758
ComptrollerGenerals Report
3 Commissions and fees retained by or paid to agents 673 05
5 Salaries and traveling expenses of managers of agencies and general special
and local agents r
8 Rent 19000 taxes 28130 total 1 Z
9 Advanced to officers and agents to be repaid out of future saiariesorTom
missions
10 Advertising JJJ
11 All other items viz Office furniture andnytuVes7stamretcIIIiriII 628 02
Total disbursements tc n
p 1I40 DO
IVInvested Assets
6 Cash in office m m
Cash deposited in banks as follows Bank of Edison Edison Ga 3 069 67
Commercial and Savings Bank of Macon Ga 430 59
Bank of Woodstock 17307 Peoples Savings Bank of Thomasvilie telzfl
Habersham Bank of Clarksville 2510 total 9Vl m
8 Agents ledger balances 2 jSg oS
9 All other ledger assets viz Office furniture and fixtures o22 50
Total net or ledger assets 81211
Business in Georgia During 1907
Policies or certificates written during the year 1907 1227 1439328 00
lOtal j 227 J3Q Q9g AQ
lorn number and amount which have ceased tobeinforceduring
1907 m 653978 00
Total policies in force December 31 1907 756 785 35000
Losses and claims on policies or certificates paid during the year 1907 30 5435 00
SOUTHERN LIFE INSURANCE COMPANY OF DAWSON GA
J M Bell President T
H C Loyless Secretary
Principal Office Main Street Dawson Ga
D C Pickett Dawson Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 25000 00
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without dedue
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues 336S 00
3 Assessments 2111 00
12097 78
Total income
17576 78
rflDisbursements During Year 1907
1 Losses and claims

Total paid to members
R TTi0nS andfef fined by orpaidtoagents 422 S
7 Kri ZTlrS feeS whether Paid direct by embers or otherwise m
I EJrTZaofficers and other office empales86 JS j
i ttttbEfil blrd rtoiai
250 00
Total disbursements
15703 73
IV Invested Assets
5 Cost value of bonds and stocks owned absolutely
keTSbe SUte otearrandMcPhersonTCo4
1873 05
Total net or ledger assets
26873 05
Business in Georgia During 1907
Total policies in force December 31 1907 Number Amount
Ixsses and claims on policies or certincatelhe7 WOI 18 ooo 00ComptbollebGtEneeals Eepobt
759
SUNLIGHT INSURANCE COMPANY OF ATLANTA GA
E G Crockett Secretary
S J Sheffield President
Principal Office 1419 Empire Bldg Atlanta Ga
Walter McElreath Peters Bldg Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 477 00
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows 82g2 m
2 Annual dues
6292 00
Total income
IIIDisbursements During Year 190
407 50
1 Losses and claims
S 407 50
Total paid to members Vr 5113 90
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and directors
8 Rent 21830 taxes 16514 total 100 go
10 Blanks and printing 40 00
11 All other items
6565 64
Total disbursements
IVInvested Assets
10 36
7 S depoS to tST5nS55i5S5r N5toi 193
203 30
Total net or ledger assets T
VContingent Assets
19 Annual payments or premiums due and unpaid on J 1m 70
due
10953 10
21 Total due from members 9 7oo 97
II Deduct estimated cost of collection 25 per cent 2738
8214 83
11 SothTtset 5E sSXsEsnssTss SdT35csrtaui
8389 83
Total
Business in Georgia During 1907
oi innfl 1242 155200 00
Policies or certificates in foree December 31 1906 0
Policies or certificates written during the year 1907
3463 430100 00
DedJulBTIm 2407 300800 00
1907
noo7 966 129300 00
Losses ci
SOUTHERN MUTUAL LIVE STOCK ASSOCIATION OF ATLANTA GA
W D Seymour Secretary
J H Blackwell President
Principal Office Elberton Ga
C P Harris Elberton Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year
IIIncome During Year 1907
i w mhers to the Association or its agents without deduc
GZX TorZZen as follows
1 Membership fees 41 50
2 Annual dues 186 30
3 Assessments TT
247 55
Total income
IIIDisbursements During Year 190
3 Snisslltfc760
ComptrollerGenerals Report
5 Sandrikcada tote18 exPenses of managers of agencies and general special
6 Medical examiners fees whether paiTdibymelnbVre o7othePwtee
10 Advertising blanks and printing
11 All other items
Taxes
25 00
12 50
110 00
43 15
40 00
Total
535 70
SOUTHERN LIFE AND HEALTH INSURANCE CO OF ATLANTA GA
W H Hallman President j 0 Hallman Secretarv
Principal Office 509511 Temple Court Bldg Atlanta Ga
Walter McElreatli 518 Peters Bldg Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year
IIIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
5146 64
908 05
14462 65
Total paid by members
5 Interest
7 Cash received from all other sources viz Advanced by offiiersl
Total income
IIIDisbursements During Year 1907
15370 70
175 00
1666 51
1 Losses and claims Sick 312820 death 88500 total
2 Annual payments and assessments returned 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 direct oral
8 Rent 23500 taxes 20870 total
17212 21
4013 20
72 85
10 Advertising 14500 blanks and printing iO total
205 total8 Furniture and flxtures 8267 postage andTxpreI
4086 05
9780 25
2318 93
443 70
345 70
84 72
Total
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
CrtlaiitaPGaetl hmkS reserved untTbM NationalISulk
17059 35
5000 00
210 50
89 00
Total net or ledger assets
VContingent Assets
12 Interest accrued
19 Annual payments or premiums due andunpaidon memberships
in force H a
20 Annual payments or premiums in procesrorcoliecrionnotver
due J
5299 50
87 60
376 05
3862 10
21 Total due from members
22 Deduct estimated cost of collection 20 percent
9238 15
1847 63
23 Net amount due from members
24 All other assets viz Furniture 17500 booksand WanimOOrtotaE
Total assets Z

VILiabilities
8 To officers or others for advances on account of expenses of organization
7390 52
300 00
13077 52
8013 82
Total liabilities
Business in Georgia During 1907
8013 32
Policies or certificates in force December 31 1906 XVtSf Ek no
Policies or certificates written during the year 1907 5309 I274i6 00
Total
Deduct number and amount whichhaveceasedtobeinforce during
6867
4619
164808 00
110856 00
Total policies in force December 31 1907 2 248
53952 00ComptrollerGenerals Eeport 761
SOUTHERN MUTUAL LIFE INSURANCE ASSOCIATION OF
ATLANTA GA
Thos C Candler Secretary
Allen D Candler President
Principal Office 60234 Candler Bldg Atlanta Ga
Allen D Candler Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous year
ELIncome During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows flg
1 Membership fees 9gl7 w
2 Annual dues 62532 45
3 Assessments
104288 53
107772 78
Total income
Ill Disbursements During Year 1907
63166 00
SSiapaymeZ 1SZZS1Z
63400 50
Total paid to membersV 15454 86
3 Commissions and fees retained by or paid to agents 2n9 05
Cost to collect assessments 10500 00
45 lTutoi 4055 27
i XkK officSafdgeSs TkJJj i 00
10 AdvStisfng 27Tf5T WanksanTprintog JjJ SHSSlZZZ j
11 All other items viz Exchange 4159 Pe 366 total 3474 30
Postage 286934 office expense 22731 legal expense q
IVInvested Assets
t 1 55676 37
5 Cost value of bonds and stocks owned absolutely SSIZZ 576 42
Cash depStobVonrltod 3957 x
Central Bank Trust Corporation Atlanta Ga 1720 66
AlYheV SS ortuarytnd SSSTSrSSES branchJ
73372 01
Total net or ledger assets
VContingent Assets
24 All other assets vi Furniture and fixtures 50000 stationery and Uanks
25000 total
Total assets V7JU
VILiabilities i 750 00
f ttzfKSsrx 5feayggg 2M2a
branches
Total liabilities
Business in Georgia During 1907
Busing Number Amount
v ai iciiw 8120 1760882 00
Policies or certificates in force December 31 1906 B65893 TO
KSSZ or certificates written during the year 1907
Dedurfmber 728918 00
1907 12g j 1S97857 00
jaittsx i6o 5009900762
ComptrollerGenerals Report
UNION MUTUAL ASSOCIATION OP ATLANTA GA
T W Walker President
VVm Driskell Secretary
Principal Office 212 Auburn Ave Atlanta Ga
Hon W A Wright Atlanta Attorney 4or Service in Georgia
IBalance Sheet
Amunt01 net or ledger assets December 31st of previous year
II Income During Year 1907
Gross amount paid by members to the Association or its agents without deduc
tions for commissions or other expenses as follows
1 Membership fees
2 Annual dues
Total paid by members
5 Interest on bonds
7 Cash received from all other soureesviz
Total income
1 Losses and claims
IIIDisbursements During Year 1907
IVInvested Assets
5 Cost value of bonds owned absolutely
6 Cash in office
7 Cash deposited in banks flta NeafBuSrAUaitaGa
All other deposits Penny Savings Bank Birmingham Alar
8 Agents ledger balances
9 All other ledger assets viz fundtartan5uppUeTanTmMnlnS
68921 48
16451 30
Total assets
VI Liabilities
4 Losses resisted by the company
7 Interest due or accrued on purchase of bonds
Total liabilities
Business in Georgia During 1907
2022 40
5100 00
1403 10
70022 86
71425 96
orrz 20 w
Revivals deficiency miscellaneous 2506 38
74132 34
37985 30
37985 30
13982 53
2400 00
Total paid to members
3 Commissions and fees retained by or paid toagents 10oS
4 Commissions and fees retained by or paid to officers anddirectore
anTkcaTligenTs S managers of aSeies and generalspedai
R SwSi 0hef comPnsation ciocOTanTotneroircVemptoyieari
8 Rent 154786 taxes 118294 total
11 All other items viz Postage expressage miscellaneous
lotal disbursements
9033 71
3618 76
2839 80
861 46
70712 50
5100 00
214 50
1425 63
290 00
2583 75
4187 5C
10 Total net or ledger assets
11 Deduct depreciations from cost of assets to bringTametomarket7ZtoZZZ f j
Total net or ledger assets less depreciation
VContingent Assets
15 Market value of bonds over cost
19 AiTUforreaymentS r Premiums due andunpardonmemberships
20 Annual payments orpiuminloifTOli5aonnot 3U6 98
65804 50
21 Total due from members
22 Deduct estimated cost of collectionZITHZH
23 Net amount due from members
24 All other assets viz Revivals and deficiency
Interest on bonds
All other sources
10542 98
100 00
52470 18
931 03
200 00
342 41
54043 62
40 00
800 00
840 00
Policies or certificates in force December 31 1906 Number Amount
Policies or certificates written during the year 1907 18063 518672 15
18324 489835 00
Total
Deduct number and amount whichh7eceasedtobeTnforce during S6397 18607 15
13799 371394 00
Total policies in force December 31 1907 ZT7 1
22588 637113 15ComptrollerGenerals Report 763
Losseg and claims on policies or certificates unpaid December 31 1907 2
Losses and claims on policies or certificates incurred during the year 1907 8308 37985
8310 38025 30
Lossesnd dSTiSid5155S5iadS5 tSTiir war 830s 37985 30
UNION FIRE INSURANCE COMPANY OF ATLANTA GA
Frank K Wilson Secretary
Thos E McAfee President rraIui
Principal Office Atlanta Ga
A E Wilson Atlanta Attorney for Service in Georgia
UNION BENEFIT ASSOCIATION OF SAVANNAH GA
x Geo W Jacobs Secretary
Julian Smith President
Stubbs Chapman Attorneys for Service in Georgia
Principal Office 20 State St West Savannah Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous year 5436 85
IIIncome During the Year 19077
25219 01
3 Assessments
25219 01
Total income
IIIDisbursements During Year 1907
7569 55
1 tosses and claims
7 569 55
Total paid to members io259 60
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and directors
6 Salaries and traveling expenses of managers of agencies and general special g
and local agents 422 63
8 Rent and taxes 586 43
10 Advertising blanks and printing 2922 23
11 All other items
25434 18
Total disbursements
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 32 18
7 Cash deposited ta bankVonreserved fund account Merchantss
5220 68
Total net or ledger assets
VContingent Assets
32280 60
18 Mortuary assessments not yet due r
32280 60
21 Total due from members v 442 09
22 Deduct estimated cost of collection
27438 51
1 rSTssvsnsrm uooo
33759 19
Total assets
VILiabilities
2850 45
9 Amount of all liability
2850 45
Total liabilities
Business in Georgia During 1907
Number Amount
v 91 1007 6500 601 K
Policies or certificates in force December 31 1J07
THE WESTERN INSURANCE CO OF CARROLLTON GA
Paul C Jack Secretary
E G Kramer Preisdent
Principal Office Carrollton GaINDEX
A
AACHEN MUNICH FIRE INSURANCE COMPANY AIX LA CHAP
ELLE GEEMANY
25
Statement of
ADIRONDACK FIRE INSURANCE COMPANY OF NEW YORK
28
Statement of
TNA FIRE INSURANCE CO HARTFORD CONNECTICUT
31
Statement of
ETNA INDEMNITY COMPANY OF CONNECTICUT
563
Statement of
ETNA LIFE INSURANCE COMPANY OF CONNECTICUT
293
Statement of
TNA ACCIDENT AND LIABILITY LIFE INSURANCE COMPANY
CONNECTICUT
558
Statement of
iETNA INSURANCE CO CONNECTICUT
559
Statement of
AGRICULTURAL FIRE INSURANCE CO OF WATERTOWN N Y
35
Statement of
AMERICAN ASSURANCE ASSOCIATION OF ATLANTA GA
736
Statement of
ALLIANCE INSURANCE COMPANY OF PENNSYLVANIA
38
Statement of
AMERICAN BANK INSURANCE COMPANY OF MINNESOTA
567
Statement of
AMERICAN BONDING COMPANY OF BALTIMORE
569
Statement of
AMERICAN CASUALTY COMPANY READING PA
580
Statement of
AMERICAN CENTRAL FIRE INSURANCE CO OF ST LOUIS MO
42
Statement of 166 CompteollebGenebals Repobt
american credit indemnity company of new york
Statement of 573
AMERICAN EIRE INSURANCE COMPANY OF NEWARK N J
Statement of 44
AMERICAN INSURANCE COMPANY OF ATLANTA GA
Statement of 735
AMERICAN NATIONAL INSURANCE CO OF GALVESTON TEXAS
Statement of 287
AMERICAN NATIONAL LIFE INSURANCE COMPANY OF LYNCH
BURG VA
Statement of 290
AMERICAN SURETY COMPANY OF NEW YORK
Statement of 503
ATHENS MUTUAL FIRE INSURANCE COMPANY OF ATHENS GA
Statement of g
ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA
Statement of en
ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA
Statement of yog
ATLAS ASSURANCE COMPANY LTD OF LONDON
Statement of
B
BANKERS HEALTH AND LIFE INSURANCE CO OF MACON GA
Statement of 737
BLUE RIDGE FIRE INSURANCE COMPANY MARIANNA FLA
Statement of q
BOSTON FIRE INSURANCE COMPANY OF BOSTON MASS
Statement of
BRITISH AMERICA ASSURANCE COMPANY OF TORONTO
Statement of
bO
C
CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH
Statement of
CHEROKEE MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA
Statement of
739ComptbollerGenekals Eepoet 767
citizens fire insurance company oe missouri
Statement of 65
CITIZENS LIFE INSURANCE COMPANY OF KENTUCKY
Statement of 338
COLUMBIA NATIONAL LIFE INSURANCE CO OF MASSACHUSETTS
Statement of 2
COMMERCIAL UNION ASSURANCE COMPANY LTD OF LONDON
Statement of 68
CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD
Statement of
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY
Statement of 305
CONTINENTAL AID ASSOCIATION OF ATLANTA GA
Statement of 738
CONTINENTAL CASUALTY COMPANY OF INDIANA
Statement of 576
CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK
Statement of 72
COSMOPOLITAN FIRE INSURANCE COMPANY OF NEW YORK
Statement of 75
D
DELAWARE INSURANCE COMPANY PHILADELPHIA PA
Statement of 8
DES MOINES LIFE INSURANCE COMPANY OF IOWA
Statement of 310
DIXIE FIRE INSURANCE COMPANY OF GREENSBORO N O
81
Statement of
E
EMPIRE STATE SURETY COMPANY OF NEW YORK
Statement of
EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GA
740
Statement or
EMPLOYERS INDEMNITY COMPANY OF PHILADELPHIA
592
Statement or 768 ComptrollerGenerals Report
EQUITABLE FIRE INSURANCE COMPANY OF CHARLESTON S C
Statement of 07
EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
Statement of qjo
F
FARMERS MUTUAL FIRE INSURANCE COMPANY OF DAWSON GA
Statement of 74
FARMERS COOPERATIVE FIRE INSURANCE CO OF BUTTS CO GA
Statement of 741
FARMERS MUTUAL FIRE ASSOCIATION OF GORDON CO GA
Statement of 742
FEDERAL INSURANCE COMPANY JERSEY CITY N J
Statement of on
FEDERAL CASUALTY COMPANY OF MICHIGAN
Statement of one
FIDELITY AND CASUALTY COMPANY OF NEW YORK
Statement of qn
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
Statement of on
FIDELITY FIRE INSURANCE COMPANY OF NEW YORK
Statement of q
FIDELITY MUTUAL LIFE INSURANCE CO OF PHILADELPHIA
Statement of q
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of
90
FIREMANS FIRE INSURANCE COMPANY OF NEWARK N J
Statement of
FIREMENS FUND INSURANCE COMPANY OF SAN FRANCISCO
CAL
Statement of
102
FIRE INSURANCE COMPANY OF GEORGIA DALLAS GA
Statement of
742
FLORID HOME FIRE INSURANCE COMPANY OF MARIANNA
Statement of
105ComptrollerGenerals Eeport 769
FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL
Statement of
FRANKFORT MARINE ACCIDENT AND PLATE GLASS INSURANCE
COMPANY OF GERMANY U S BRANCH
Statement of
G
GATE CITY FIRE INSURANCE COMPANY OF ATLANTA GA
Statement of
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION
LTD OF GREAT BRITAIN
Statement of
GEORGIA COOPERATIVE FIRE INSURANCE COMPANY
520
Statement ot
GEORGIA COOPERATIVE FIRE INSURANCE COMPANY OF SAVAN
NAH GA
744
Statement of
GEORGIA FIRE INSURANCE CO CEDARTOWN GA
107
Statement of
GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA
109
Statement ot
GERMAN ALLIANCE FIRE INSURANCE COMPANY OF NEW
YORK
112
Statement 01
GERMANAMERICAN FIRE INSURANCE COMPANY OF NEW YORK
CITY
115
Statement of
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK
328
Statement of
GERMAN MUTUAL FIRE INSURANCE CO OF SAVANNAH GA
744
Statement of
GINNERS MUTUAL INSURANCE COMPANY ATHENS GA
745
Statement of
GIRARD FIRE AND MARINE INSURANCE COMPANY OF PHILADEL
PHIA PA
121
Statement of 770 ComptrollerGenerals Beport
GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS
N Y
Statement of
124
GREAT SOUTHERN HOME INDUSTRIAL ASSOCIATION OF BIRMING
HAM ALA
Statement of
746
GREENSBORO LIFE INSURANCE COMPANY OF GREENSBORO N C
Statement of q
GLOBE AND RUTGERS FIRE INSURANCE COMPANY OF NEW YORK
CITY
Statement of
GREAT AMERICAN LIFE INSURANCE COMPANY ST LOUIS MO
Statement of
GREAT EASTERN CASUALTY AND INDEMNITY COMPANY OF NFW
YORK
Statement of
617
GREAT WESTERN LIFE INSURANCE COMPANY OF MISSOURI
Statement of
335
GUARANTY AID AND RELIEF SOCIETY OF SAVANNAH GA
Statement of
747
GUARANTEE COMPANY OF NORTH AMERICA CANADA
Statement of
620
GUARANTEE LIFE INSURANCE COMPANY OF HOUSTON TEXAS
Statement of
387
H
HAMBUGERE FIRE INSURANCE C0MNY OF HAMBURG
Statement of
230
HANOVER FIRE INSURANCE COMPANY OF NEW YORK
Statement of
232
HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN
Statement of
Statement of
623ComptrollerGenerals Report 771
HOME FRIENDLY SOCIETY OF BALTIMORE MD
Statement of
HOME INSURANCE COMPANY OF NEW YORK
1 fi
Statement of
HOME LIFE INSURANCE COMPANY OF NEW YORK
393
Statement ot
I
ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO
399
Statement ot
INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF AT
LANTA GA
749
Statement of
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA
141
Statement of
INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA
145
Statement of
J
JEFFERSON FIRE INSURANCE COMPANY OF PHILADELPHIA
148
Statement of
JEFFERSON STANDARD LIFE INSURANCE CO OF NORTH CARO
LINA
404
Statement of
L
LIFE INSURANCE COMPANY OF VIRGINIA
407
Statement or
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY OF
LIVERPOOL ENG
151
Statement or
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
155
Statement of
LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK
627
Statement or
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
157
Statement of 712 ComptrollerGenerals Report
LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF LIVER
POOL ENGLAND
Statement of
161
LONDON GUARANTEE AND ACCIDENT COMPANY LTD ENG
Statement of
630
LOUISIANA NATIONAL LIFE ASSURANCE SOCIETY
Statement of
411
LUMBER MUTUAL FIRE INSURANCE COMPANY OF BOSTON
MASS
Statement of
lob
LUMBER INSURANCE COMPANY OF NEW YORK
Statement of
164
M
MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK
Statement of
414
MARYLAND CASUALTY COMPANY OF BALTIMORE
Statement of
633
MARYLAND LIFE INSURANCE COMPANY OF BALTIMORE
Statement of
420
MASSACHUSETTS BONDING AND INSURANCE COMPANY OF BOS
Statement of
638
MASSACHUSETTS MUTUAL FIRE INSURANCE COMPANY OF SPRING
Statement of
495
MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF PROVI
Statement of
169
MERCHANTS MUTUAL FIRE INSURANCE CO OF ATLANTA GA
Statement of
MERIDIAN LIFE AND TRUST COMPANY OF INDIANA
Statement of
437
MKHTOPOLITAN CASUALTY INSURANCE COMPANY OF NEW
Statement of
640ComptrollerGenerals Report 773
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK
431
Statement or
METROPOLITAN SURETY COMPANY Of NEW YORK
643
Statement of
MICHIGAN COMMERCIAL INSURANCE COMPANY OF LANSING
MICH
171
Statement o
MICHIGAN MUTUAL LIFE INSURANCE COMPANY DETROIT
441
Statement of
MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF WIS
CONSIN
175
Statement of
MODERN BROTHERHOOD OF AMERICA
454
Statement of
MISSOURI STATE LIFE INSURANCE COMPANY OF ST LOUIS MO
446
Statement of
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF GEORGIA
750
Statement of
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF NEW JERSEY
357
Statement of
MUTUAL FIRE INSURANCE COMPANY OF CORDELE GA
752
Statement of
MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION OF
GEORGIA SAVANNAH GA
752
Statement or
MUTUAL LIFE INDUSTRIAL ASSOCIATION OF GEORGIA ATHENS
751
Statement of
MUTUAL LIFE INSURANCE COMPANY NEWARK N J
450
Statement of
MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
375
Statement or
N
NATIONAL CASUALTY COMPANY OF MICHIGAN
652
Statement of
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
178
Statement or ComptrollerGenerals Eeport
NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY NASH
VILLE TENN Aoa
Statement of
654
NATIONAL LIFE INSURANCE COMPANY CHICAGO ILL
Statement of
382
NATIONAL LIFE INSURANCE COMPANY MONTPELIER VERMONT
Statement of
457
NATIONAL SURETY COMPANY OF NEW YORK
Statement of
647
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURG
Statement of
180
NEW BRUNSWICK FIRE INSURANCE COMPANY OF NEW BRUNS
WICK N J itu re
statement of
283
NEW EANDTMUTUAL LIFE INSURANCE COMPANY OF MASS
Statement of
462
NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESTER
Statement of
186
NEW SOUTH MUTUAL LIFE INSURANCE CO OF ATLANTA GA
Statement of
753
NEW YORK LIFE INSURANCE COMPANY OF NEW YORK
Statement of
468
NEW YORK PLATE GLASS INSURANCE COMPANY
Statement of
657
NIAGARA FIRE INSURANCE COMPANY OF NEW YORK
Statement of
189
NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF ILLI
Statement of
659
NORTH BRITISH AND MERCANTILE FIRE INSURANCE COMPANY
U S BRANCH OF LONDON AND EDINBURGH
Statement of
199
NORTH RIVER INSURANCE COMPANY OF NEW YORK
Statement of
202COMPTROLLERGENERALS EePORT 775
NORTH STATE EIRE INSURANCE COMPANY OF GREENSBORO
n a
Statement of 205
NORTHERN ASSURANCE COMPANY OP LONDON ENGLAND
Statement of 195
NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF WIS
CONSIN MILWAUKEE
Statement of 475
NORTHWESTERN NATIONAL LIFE INSURANCE COMPANY MINN
Statement of 342
NORWICH UNION FIRE INSURANCE SOCIETY OF ENGLAND
Statement of 192
O
OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED OF
LONDON ENGLAND
Statement of 662
ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
Statement of 208
P
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Statement of 346
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Statement of 666
PALATINE INSURANCE COMPANY LTD OF GREAT BRITAIN
Statement of 211
PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA
356
Statement of
PENNSYLVANIA CASUALTY COMPANY SCRANTON
Statement of
PENNSLYVANIA FIRE INSURANCE COMPANY OF PHILADELPHIA
Statement of
PHILADELPHIA LIFE INSURANCE COMPANY OF PENNSYLVANIA
352
Statement ot
PHILADELPHIA CASUALTY COMPANY OF PENNSYLVANIA
673
Statement or 776 ComptrollebGeneeals Eepoet
PHCENIX ASSURANCE COMPANY LTD OF LONDON
Statement of oio
PHENIX INSURANCE COMPANY OF BROOKLYN N Y
Statement of pi r
PHOENIX INSURANCE COMPANY OF HARTFORD
Statement of oop
PHCENIX MUTUAL LIFE INSURANCE COMPANY OF CONNECTICUT
Statement of ofo
PILGRIM HEALTH AND LIFE INSURANCE CO OF ATLANTA GA
Statement of 7
PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK
Statement of
077
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OF CHAT
TANOOGA TENN
Statement of
75o
PRUDENTIAL INSURANCE COMPANY OF AMERICA
Statement of
008
Q
QUEEN INSURANCE COMPANY OF AMERICA
Statement of
225
B
RELIANCE LIFE INSURANCE COMPANY PITTSBURGH PA
Statement of
481
RESERVE LOAN LIFE INSURANCE COMPANY OF INDIANAPOLIS
Statement of
486
RIDGLEY PROTECTIVE ASSOCIATION WORCESTER MASS
Statement of
484
ROCHESTER JJEBMAN INSURANCE COMPANY OF ROCHESTER
Statement of
229
ROME INDUSTRIAL LIFE INSURANCE COMPANY OF GEORGIA
Statement of
gci
ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON
Statement of
235ComptrollebGtenebals Repoet 777
ROYAL FIEE INSURANCE COMPANY LTD OF LIVERPOOL ENG
Statement of 232
S
SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OP EDIN
BURGH SCOTLAND
Statement of 237
SEABOARD FIRE AND MARINE INSURANCE COMPANY GALVES
TON TEXAS
Statement of 240
SECURITY LIFE AND ANNUITY COMPANY OF AMERICA
Statement of 492
SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CON
NECTICUT
Statement of 243
SECURITY LIFE AND ANNUITY INSURANCE COMPANY GREENS
BORO N O
Statement of 489
SECURITY MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Statement of 497
SHAWNEB FIRE INSURANCE COMPANY OF TOPEKA KANSAS
Statement of 246
SOUTH ATLANTIC LIFE INSURANCE COMPANY OF VIRGINIA
Statement of 512
SOUTH GEORGIA FARMERS FIRE INSURANCE CO OF THOMAS
VILLE GA
Statement of 757
SOUTHEASTERN MUTUAL FIRE INSURANCE CO MACON GA
Statement of 757
SOUTHERN LIFE INSURANCE CO OF DAWSON GA
Statement of 758
SOUTHERN FIRE INSURANCE COMPANY OF LYNCHBURG VA
Statement of 249
SOUTHERN FIRE INSURANCE COMPANY OF NEW ORLEANS
Statement of 252
SOUTHERN LIFE INSURANCE COMPANY OF NORTH CAROLINA
Statement of 509778 ComptrollerGenerals Eeport
SOUTHERN LIFE AND HEALTH INSURANCE CO OF ATLANTA GA
Statement of
760
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS
GA
Statement of pcrir
SOUTHERN MUTUAL LIVE STOCK ASSOCIATION OF ATLANTA GA
Statement of q
SOUTHERN MUTUAL LIFE INSURANCE ASSOCIATION OF ATLANTA
GA
Statement of 1
761
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF WEST
VIRGINIA
Statement of r
SOUTHERN STATES LIFE INSURANCE COMPANY OF ALABAMA
Statement of
50o
SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF
SPRINGFIELD MASS
Statement of
Z56
STANDARD LIFE AND ACCIDENT INSURANCE COMPANY OF MICH
IGAN
Statement of
OSd
STATE LIFE INSURANCE COMPANY INDIANAPOLIS INDIANA
Statement of
516
STATE MUTUAL LIFE ASSURANCE COMPANY WORCESTER MASS
Statement of
STATE MUTUAL LIFE INSURANCE COMPANY OF ROME GA
Statement of
525
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF ST PAUI
MINNESOTA 4UL
Statement of
260
STERLING MUTUAL LIFE INSURANCE CO OF MADISON GA
Statement of
756
SUBSCRIBERS AT UNITED STATES LLOYD MARINE INSURANCE
UNDERWRITERS OF NEW YORK CITY INSURANCE
Statement of
263
SUNLIGHT INSURANCE COMPANY OF ATLANTA GA
Statement of
759ComptrolleeGeneeals Repoet 779
SUN FIRE INSURANCE COMPANY OF NEW ORLEANS
Statement of 269
SUN INSURANCE OFFICE LONDON ENGLAND U S BRANCH
Statement of 266
SUN LIFE INSURANCE COMPANY OF CANADA
Statement of 529
T
THAMES AND MERSEY MARINE INSURANCE COMPANY LTD OF
GREAT BRITAIN
Statement of 687
TITLE GUARANTY AND SURETY COMPANY OF PENNSYLVANIA
Statement of 689
TRAVELERS INSURANCE COMPANY OF CONNECTICUT
Statement of 693
TRAVELERS LIFE INSURANCE COMPANY OF CONNECTICUT
Statement of 5U
TRAVELERS INDEMNITY COOPERATIVE COMPANY
Statement of 696
U
UNION CENTRAL LIFE INSURANCE COMPANY OF OHIO
Statement of 539
UNION BENEFIT ASSOCIATION OF SAVANNAH GA
Statement of 763
UNION MUTUAL ASSOCIATION OF ATLANTA GA
Statement of 762
UJSiON FIRE INSURANCE COMPANY OF ATLANTA GA
Statement of 763
UNION MUTUAL LIFE INSURANCE COMPANY OF MAINE
Statement of 544
UNITED AMERICAN LIFE INSURANCE COMPANY OF DELAWARE
Statement of
UNITED FIREMENS FIRE INSURANCE COMPANY OF PHILADEL
PHIA
272
Statement of 780 ComptrollerGenerals Eeport
UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY ASSUR
ANCE CORPORATION LTD ENGLAND
Statement of
UNITED STATES CASUALTY COMPANY OP NEW YORK
Statement of
UNITED STATES FIDELITY AND GUARANTY COMPANY
Statement of
7Uo
UNITED STATES HEALTH AND ACCIDENT INSURANCE COMP4NY
OF MICHIGAN
Statement of
UNITED SURETY COMPANY OF MARYLAND
Statement of
V
VIRGINIA STATE FIRE INSURANCE COMPANY OF RICHMOND
Statement of
275
VOLUNTEER STATE LIFE INSURANCE COMPANY OF TENNESSEE
Statement of
o49
W
WASHINGTON LIFE INSURANCE COMPANY OF NEW YOKE
Statement of
552
WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK
Statement of
278
WESTERN ASSURANCE COMPANY OF TORONTO CANADA
Statement of
280
WESTERN INSURANCE COMPANY OF CARROLLTON GA
Statement of
763
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF BROOK
LYN N Y
Statement of
283
WOODMENS CASUALTY COMPANY IND
Statement of
717CompteollebGteneeals Bepoet 781
Table No 1 Shows Business Done by Fire Insurance Companies in Georgia
for Year Closing April 1907 720722
Table No 2 Shows Business Done by Fire Companies for the Year Closing
April 1908 724725
Table No 3 Shows Business Done by Assessment Life Fire and Accident
Companies for the Year Closing April 1908 726727
Table No 4 Shows Business of Accident Marine and Surety Companies for
the Year Closing April 1908 728729
Table No 5 Shows Condition of Fraternal Orders Doing Business in Georgia
for the Year 1908 730731
Table No 6 Shows Comparative Business of Insurance Companies in Geor
gia for Years 1900 to 1906 inclusive 732733UNIVERSITY OF GEORGIA LlgHARIES
3 S1D6 D54E4 SA24