Report of the Insurance Department of the Comptroller-General's Office for the Year Ending December 31, 1909

THE LIBRARY OF
THE UNIVERSITY OF GEORGIATTREPORT
OF THE

TA
Insurance Department
OF THE
COMPTROLLERGENERALS OFFICE
FOR THL
YEAR ENDING DECEMBER 31 1909
Atlanta Ga
CiiaS P Byrd State Printer
1910MAY 2645REPORT
Office of ComptrollerGeneral
Insurance Department
Atlanta Ga January 1 1910
To His Excellency Jos M Brown Governor
Sir In compliance with law I have the honor to
submit the twentysecond annual report of the Insurance
Department ending December 31st 1909 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 confined
to any particular class of companies but is general
showing that there is a growing public demand for in
surance of every character In this connection your at
tention is directed to the following comparative figures
1888
ComDanies Amount at Risk Premiums Losses Taxes
companies 710213 SI 444669 S6631271444669
fe 27 979 122 876 597 338964 8765197
issment 2id6oo 80972 44014 arcra
Micsellaneous 4927335 5358 1029 Q3587
Total S1398331702455825110563842455825
1898
fnmnanies Amount al Risk Premiums Losses Taxes
Fire CmpameS 1372971415218633227449921V86332
I Le 81 873 834 2 736088 1090177 2736088
Wsment 23 180 329 427 680 2iS42 427680
MSlaneous i640045022607 92851 222607
Total 306 945 0535 572 70712 675 959155 727 07
I IRPARY
6 ComptrollerGexerals Report
1908
Companies Amount at Risk Premiums Losses TW
SEI SSg SK1 g ij
ii SffiS SSSS jgiSS SI
Total 3676452 98124814 409 57S 165 720 63635 144 0
1909
Companies Amount at Risk Premiums Losses t
Fire 34328260273 S4 763 438 20853 165 058 46 47fi4 oo
Total 7812300461915009507817 2500136i6029
It should be borne in mind that the premiums re
ported 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 deductions however
it will be seen that the business as a whole has been
fairly profitable to the companies It will also be ob
served that by the large increase in the volume of busi
ness the States income from the tax on premiums has
correspondingly increased until it has reached the sum
of 15012966 for the year 1909 T have not included in
the foregoing statements the business of Secret Frater
nal Beneficiary Societies chartered by the laws of this or
other States conducting 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 an
nual report to this department for such societies and the
cost of publishing this report has so enormously in
creased during the last three or four years I have deemed
it proper to omit these annual statements from the re
ports of this departmentComptrollerGenerals Report
7
In previous annual reports of this department I have
taken occasion to direct attention to the numerous de
fects in our system of State regulation and supervision
of the insurance business in Georgia with the hope that
needed amendments might be adopted by the Legisla
ture
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 sufficiently
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 exist
ing conditions differing as they do so widely from
those prevailing at that time the entire system is in need
of thorough revision I wish to call attention to such
features of our present system which in my judgment
most urgently need and demand amendment trusting
that they will receive consideration at the approaching
session of the General Assembly
First of all in importance the powers of the Comp
trollerGeneral as Insurance Commissioner should be so
enlarged as to provide for State regulation and super
vision 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 It is needless to say that
supervision b ythis department to be effective should
authorize annual examinations of insurance companies or
whenever it may be deemed necessary by the Insurance
Commissioner The scope of these investigations should
not be limited merely to the asceertainment of the sol
vency of companies as is now the case with some classes
of companies but the Insurance Commissioner should
SXH18 ComptrollerGenerals Eeport
be empowered to inquire into the honesty as well as the
intelligence of the management of the affairs of all com
panies
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 said license To properly make these exami
nations the service of an expert actuary and accountant
would be indispensable and I would therefore recom
mend 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 ex
perience have fully protected holders of their policies
This is not true as to the last named CoOperative or
Assessment Companies The laws prescribing condi
tions upon which such companies may be licensed by
this department have proven to be utterly inadequate
lor the protection of the insurers in these companies
and need amendment I would recommend that all such
companies except those which are purely local confining
their business to the county in which they are organized
be required to make a deposit of not less than ten thou
sand dollars with the State Treasurer or some Trust
Company in such securities as may he approved by the
Insurance Commissioner In addition to this they should
be required to set aside the same reinsurance reserveComptrollerGenerals Eeport 9
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 per
sons have taken advantage of this fact to organize and
operate such companies solely for profit to themselves
yet I am given no discretion being compelled to license
them where they have complied with the present lax re
quirements of our statute
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 thor
oughly 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 843985653 m
1909 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 from
the State AH of them being purely mutual of course10
CompteollebGekerals Eepokt
have 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 are sufficient
to take care of their 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 mat
ter which is of vital interest to policyholders in these
companies 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 companies
be authorized and required to raise a guaranty fund of
not less than one hundred thousand dollars in the case
of Mutual Life Companies and in the case of CoOper
ative Companies at least twenty thousand dollars The
law should provide for the payment of a fair rate of in
terest on this guaranty capital to be paid from the ex
pense fund only Provision might also be made for its
retirement from the excess of surplus over the amount
of said guaranty fund This would obviate the neces
sity for resorting to all kinds of methods heretofore
used by these comanies In this connection I would
also suggest that all Life Companies Stock as well as
Mutual and nonresident as well as domestic companies
be prohibited 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 in
dividuals between insurants of the same class and equal
expectation of life in the amount or payment of pre
miums or rates charged for policies for life or endow
ment insurance or in the dividends or other benelils
payable thereon or in any other of the terms and conComptrollerGenerals Report
11
ditions of the contracts it makes Such companies
should be prohibited also under proper penalties from
making issuing circulating or causing to be made is
sued 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 sur
plus 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 com
pany Xo company of this class doing business in Geor
gia should be allowed to issue a policy to a resident 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 pecu
liarities 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 in this 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 see that
the funds belonging strictly to policyholders are not en
croached on for any purpose whatsoever12
ComptbolleeGeneeals Kepobt
Such an Act was passed by the last Legislature with
reference to Industrial Companies
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 municipal
ities 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
Sale of Stock of Insurance Companies Chaeteeed by
this State
Under the Act of December 18 1893 the Secretary of
State is authorized to incorporate Insurance Companies
This Act makes no provision whatever for the protec
tion o investments in the stock of such companies dur
ing the period the company is selling its stock prepara
tory to organizing and obtaining authority from the In
surance Commissioner to do business in this Slate Xo
limitation is put on the price at which such stock must
he sold or the commissions to he allowed on the sale In
consequence unreasonable commissions are paid agents
for the sale of the stock amounting in many instances to
as much as of the selling price of said stock the
corporation receiving 70 The law should therefore he
amended so as to cover these defects and protect the
publicComptrollerGenerals Eeport
13

Fraternal Beneficiary Associations
What lias 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 section
of our Code enacted many years before there was any
thought of State supervision of the insurance business
and therefore affords no protection to their members 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 Com
missioner that the association has actual bona fide ap
plications for death benefit certificates upon at least a
sufficient number of lives the assessments on which would
raise themaximum amount of any policy which it pro
poses to issue on one life and that each applicant has
paid in cash one regular payment or assessment based
on the table of mortality fixed by the National Fraternal
Congress
The license fee of 1000 required of these associa
tions 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 insuranec companiesthe consensus of
opinion being that the laws of practically all the States
need modification It is claimed and with seeming jus
tice that the policyholders who pay the premiums like
the consumer of any article of merchandise pays at14
ComptrollerGeneral s Eeport
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 thisState
to make taxes on any 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 discrimina
tion against companies organized in this State To il
lustrate ieoigia companies are required to pay three
taxes first taxes on all property which of course in
cludes 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 nonresi
dent companies having practically all 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 compa
nies 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 1909 amounted to 7812300411 and the pre
miums collected on said business reached the enormous
sun of 1500850781 We should therefore encourage
by wise and just legislation the investment of Georgia
money in Georgia insurance companies
Respectfully
WM A WEIGHT
ComptrollerGeneralComptrollerGenerals Report
15
The following Fire Insurance Companies having com
plied with the laws of Georgia are authorized to transact
business in this State for the year 1909
Aachen Munich 84 Williams St New York Aix La
Chappell
Adirondack Fire New York N Y
Aetna Fire Hartford Conn
Agricultural Fire Watertown N Y
Alliance Fire Insurance Co Philadelphia Pa
American Druggists Cincinnatti Ohio
American Central Fire 415 Locust St St Louis Mo
American Fire Insurance Co Newark N J
Athens Mutual Fire Athens Ga
Atlas Assurance Co London 49 Wall St New York
Atlanta Home Atlanta Ga
Atlantic National Fire Macon Ga
Blue Ridge Fire Marianna Fla
British America 18 Front Street Toronto Canada
Caledonian 27 Pine StreetNew York
Citizens Fire St Louis Mo
Columbia Fire Jersey City
Columbia Fire Athens Ga
Commercial Union 58 William Street New York
Continental 46 Cedar Street New York
Connecticut Fire Hartford Conn
Delaware Fire Philadelphia Pa
Dixie Fire Greensboro N C
Druggists Indemnity Exchange St Louis Mo
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 Pa16
dm itrollerGenerals Eeport
Firemans Fund San Francisco Cal
Firemans Insurance Co Newark N J
Florida Home Marianna Fla
Georgia Home Columbus Ga
Georgia Fire Cedartown Ga
Girard Fire and Marine Insurance Co Philadelphia Pa
German Alliance New York
GermanAmerican 115 Broadway New York
Germania Fire 117 Broadawy New York
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 282 Walnut St
Philadelpbia Pa
Insurance Company State of Pennsylvania
Philadelpbia Pa
Jefferson Fire Insurance Co Philadelphia Pa
Liverpool and London and Globe of England U S B
45 William 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 St New York
Lumber Insurance Co New York N Y
London Mutual Fire Boston Miss
Mercantile Mutual Fire 10 Wevbossett St Providence R I
Michigan Commercial Union Fire Lansing Mich
Milwaukee Mechanics Milwaukee
National Fire Hartford Conn
National Union Fire Pittsburgh Pa
New Brunswick New Brunswick N
New Hampshire Manchester X II
Niagara New YorkComptrollerGenerals Eeport
17
Norwich Union 59 John Street New York
North British and Mercantile U S B 54 Williams St
New York
Northern Assurance 25 Pine Street New York
North River Insurance Co 84 Williams Street New York
North State Fire Greensboro N C
Orient Insurance Company Hartford Conn
Palatine U S B 21 Nassau Street New York
Pennsylvania Fire 510 Walnut St Philadelphia Pa
Peoples National Fire Philadelphia Pa
Phenix of New York 16 Court St Brooklyn N Y
Phoenix Assurance of England U S B 47 Cedar Street
New York
Phconix of Connecticut 64 Pearl St Hartford Conn
Providence Washington Providence R I
Queen of America 49 Cedar Street New York
Rochester German Rochester N Y
Royal Liverpool England Louisville Ky
Royal Exchange 92 Williams Street New York
Scottish Union and National U S B 22 Asylum Street
Hartford Conn
Seaboard Fire and Marine Insurance Co Galveston Tex
Security Fire New Haven Conn
Shawnee Fire Topeka Kan
Southern Fire Lynchburg Va
Southern Mutual Athens Ga
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
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
2inn18
ComptbollebGenebals Eepoet
The following Life Insurance Companies having com
plied with the laws of Georgia are authorized to transact
business in the State for the year 1909
Aetna Life Hartford Conn
American Life Accident Salisbury Mo
American National Life Lynchburg Va
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 N Y
Fidelity Mutual Life Philadelphia Pa
Franklin Life Springfield 111
Georgia Life Maeon Ga
Great American Life St Louis Mo
Great Western Life Kansas City Mo
Greensboro Life Greensboro N C
Germania Life 20 Nassau Street New York
Home Life 256 Broadway New York
Illinois Life Chicago III
International Life St Louis Mo
Jefferson Standard Life Baleigh N
kite Insurance Company of Virginia Richmond Va
Manhattan Life of New York
Maryland Life 10 South Street Baltimore Mi
Massachusetts Mutual Life 413 Main Street Springfield
Masonic Protective Assn Worcester Mass
Meridian Life and Trust Company Indianapolis Ind
Metropolitan Life 36 Park Place New York
Michigan Mutual Life Detroit Mich
Missouri State Life St LouisComptrollerGenerals Report
19
Mutual Benefit Life 752 Broad St Newark N J
Mutual Life of New York 32 Nassau Street New York
National Life Chicago 111
National Life Montpelier Vt
New England Mutual Life Boston
New York Life 346 and 348 Broadway New York
Northwestern Mutual Life corner Broadway and
Milwaukee Streets Milwaukee Wis
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 Street Philadelphia Pa
Phoenix Mutual Life Hartford Conn
Reliance Life Pittsburgh Pa
Reserve Loan Life Indianapolis Ind
Ridgely Protective Association Worcester Mass
Rome Industrial Rome Ga
Security Life of America Chicago
Security Life and Annuity Greensboro N C
Security Mutual Life BinghamptonN Y
State Mutual Life Rome Ga
State Life Indianapolis Ind
State Mutual Life Assurance Co Worcester Mass
Southern States Life Montgomery Ala
Southern States Mutual Life Charleston W Va
Travelers Life Insurance Co 56 Prospect St
Hartford Conn
Union Central Life 243 West Fourth St Cincinnatti 0
Union Mutual Life Portland Me
U S Annuity Life Chicago 111
Volunteer State Life Chattanooga Tenn
The following Assessment Fire Life and Accident In
surance Companies having complied with the laws of20
ComptrollerGenerals Eeport
Georgia are authorized to transact business in the State
for the year 1909
American Assurance Association life Atlanta Ga
American Industrial Savannah Ga
Atlanta Mutual Insurance Association life Atlanta Ga
Bankers Health and Life Insurance Co Macon Ga
Carroll Mutual Fire Carrollton Ga
Cherokee Fire Koine Ga
Continental Aid Association Atlanta Ga
Farmers Cooperative Fire Insurance Co Jackson Ga
Farmers Mutual Fire Insurance Co Dawson Ga
Fire Insurance Company of Georgia Dallas Ga
Farmers Protective Fire Insurance Co Lithonia Ga
Farmers Mutual Fire Association Calhoun Ga
Gordon County Mutual Fire Calhoun Ga
Georgia Mutual Industrial Life and Health Augusta Ga
Georgia State Fire Dawson Ga
German Mutual Fire Insurance Co Savannah Ga
Ginners Mutual Insurance Co Athens Ga
Globe Fire Atlanta
Great American Cooperative Fire Association Macon Ga
Guaranty Aid and Relief Society Savannah Ga
Home Friendly Society Baltimore Md
Industrial Life and Health Insurance Co Atlanta Ga
Live Stock Owners Protective Assn Buchanan Ga
Mutual Benefit Industrial Life Association Savannah Ga
Mutual Benefit Life Insurance Co Valdosta Ga
Mutual Life Industrial Association Athens Ga
New South Mutual Life Insurance Co Atlanta Ga
Pilgrim Health and Life Association Augusta Ga
Provident Life and Accident Chattanooga Tenn
State Mutual Fire Gainesville Ga
Sterling Mutual Life Insurance Co Madison Ga
South Georgia Farmers Fire Insurance Co
Thomasville GaComptrollerGenerals Report
21
Southeastern Mutual Fire Insurance Co Macon Ga
Southern Life Insurance Co Dawson Ga
Sunlight Insurance Co Atlanta Ga
Southern CoOperative Insurance Co Griffin Ga
Southern Mutual Life Insurance Association Atlanta Ga
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 transact
business in the State for the year 1909
Aetna Indemnity Hartford Conn
Aetna Accident and Liability Insurance Co
Hartford Conn
American Fidelity Company Montpelier Vt
American Casualty Reading Pa
American Surety New York
American Bonding Company Baltimore Md
American Credit Indemnity Company New York
American Live Stock Insurance Indianapolis Ind
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 Md
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
22
ComptrollerGenerals Report
Guarantee of North America 157 St James Street
Montreal Canada
Hartford Steam Boiler 218 Main Street Hartford Conn
Illinois Surety Chicago 111
Indiana and Ohio Live Stock Co Crawfordsvilie Ind
Lloyds Plate Glass 68 Williams Street New York
Loyal Protective Association of Boston
London Guarantee and Accident 139 La Sal I e Street
Chicago III
Maryland Casualty Company Baltimore Md
Massachusetts Bonding Company Boston Mass
Metropolitan Casualty Company New York
National Surety Company New York N Y
National Life and Accident Nashville Tenn
National Casualty Company Heading Pa
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
Royal Casualty St Louis Mo
Thames ami Mersey Marine 69 Wall Street New York
Title Guaranty and Surety Company Scranton Pa
Travelers Indemnity Company Hart ford Conn
Union Health and Accident Denver Colo
United States Casualty Company 141 Broadway
New York
United States Fidelity and Guaranty Baltimore Md
inited States Health and Accident Saginaw Mich
Tinted Surety Baltimore MdComptrollerGenerals Report
23
The following Fraternal Orders having complied with
the laws of Georgia are authorized to transact business
in the State for the year 1909
American Mutual Benefit Association Cartersville Ga
American Woodmen Denver Colo
Atlanta Mutual Burial Associaiton Atlanta Ga
Catholic Knights of America St Louis Mo
Citizens Mutual Benefit Society Atlanta Ga
Eminent Household of Columbian Woodmen Atlanta Ga
Equitable Relief Association Waycross Ga
Farmers Home Beneficiary Brotherhood Comer Ga
Farmers Mutual Life Protective Association Atlanta Ga
Farmers Life Confederation Atlanta Ga
Foresters Toronto Canada
Forest Woodmens Circle Omaha Neb
Fraternal Union of America Denver Colo
Fraternal Life and Accident 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
Heralds of Liberty Huntsville Ala
Homes Friend Athens Ga
Homesteaders Des Moines Iowa
Independent Order of Woodmen Covington Ga
Knights of Honor St Louis Mo
Knights of Agriculture Washington D C
Knights of Columbus New Haven Conn
Knights of Modern Maccabees Port Huron Mich
Knights of Pythias Chicago 111
Ladies of the Maccabees Port Huron Mich
Legion of Red Cross Baltimore Md
Masons Annuity Atlanta Ga
Masonic Benefit Association Atlanta Ga24
ComptrollerGenerals Report
Masonic Mutual Life Association Washington D C
Modern Brotherhood of America Mason City Iowa
Modern Workmen of the World Washington D C
Mutual Life Fraternal Association Athens Ga
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 UI
Odd Fellows Annuity
Peoples Mutual Benefit Association Summerville Ga
Eoyal Arcanum BostonMass
Royal Benefit Society Washington D C
Sailors Nashville Tenn
Supreme Tribe Ben Hur Crawfordsville Ind
Senate National Union Toledo Ohio
Southern Benevolent Life Hawkinsville Ga
Southern Protective Association Atlanta Ga
Southern Mutual Fraternal Union Atlanta Ga
United Commercial Travelers Columbus Ohio
Union Fraternal Association Aberdeen Miss
Union Mutual Association Atlanta Ga
Woodmen Circle Omaha Neb
ComptrollerGenerals Beport
25
AAOHEN MUNICH FIRE INSURANCE COMPANY OP
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
In the custody of State officials for the
benefit of all the policyholders of the
company in the United States as f ol
lows New York 24500000 Ohio
10000000 total 345000 00
Amount of ledger assets December 31 of previous year 1912957 06
IIIncome
Gross premiums 1380755 46
Deduct gross amount paid for reinsur
ance 11110022 return premiums
24549430 total 356594 52
7
11
12
13
15
16
29
Total premiums other than perpetual 1024160 94
Grose interest on bonds and dividends on
stocks less accrued interest on bonds 63446 50
Gross interest on deposits in trust com
panies and banks 2596 03
Gross interest from all other sources 1166 20
Total gross interest and rents
Received from home office
67208 73
4500 00
Total income 1095869 67
IIIDisbursements
Gross amount paid policyholders for losses
including 6910492 occurring in pre
vious years
Deduct amount received for salvage 3
56324 and for reinsurance in other
companies 4769302 total
554373 19
51256 26
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
6 Commissions or brokerage
7 Allowances to local agencies for miscellaneous agency
expenses
503116 93
25660 49
223183 84
410 19
3ins26
Comptroller General s Report
8 Salaries 1711380 and expenses 1398155 of special
and general agents 31095 35
9 Salaries fees and all other charges of officers directors
trustees and home office employees 72 236 35
10 Bents 7574 18
11 Advertising 218033 printing and stationery 786339 10043 72
12 Postage telegrams telephone and express 10 312 78
13 Legal expenses 57 93
14 Furniture and fixtures 513 33
15 Maps including corrections 4 025 62
16 Underwriters boards and tariff associations 12 714 79
17 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 10 471 06
18 Inspections and surveys 3 545 74
21 State taxes on premiums 14 325 92
22 Insurance department licenses and fees 7 424 90
23 All other licenses fees and taxes viz Municipal and
county taxes and fees 2 380 56
24 All other disbursements viz Commercial ratings 902
miscellaneous items 207482 total 2 976 82
25 Agents balances charged off 99 55
27 Remitted to home office 3 209 3S
29 Total disbursements 945 379 93
IVLedger Assets
4 Book value of bonds 1752572 38
5 Cash in companys office 129 58
6 Deposited in trust companies and banks
noton interest Chase National Hank
New YoTk 375000 Anglo California
Bank Limited San Francisco
56471 total 5314 71
7 Deposited in trust companies and banks
on interest Chase National Bank New
York 985413 Ladenburg Thalmann
i Co New York 13416118 total 144315 31
8 Agents balances representing business
written subsequent to October 1 1908 156307 57
9 Agents balances representing business
written prior to October 1 1908 2256 93
11 Bills receivable taken for fire risks 1565 80
12 Other ledger assets 984 52
13 Total ledger assets 2063446 80
ComptrollerGenerals Report 27
NonLedger Assets
15 Interest due and accrued on bonds 20580 84
19 Total 20580 84
25 Gross assets 2084027 64
Deduct Assets Not Admitted
29 Agents balances representing business
written prior to October 1 1908 2256 93
30 Bills receivable past due taken for ma
rine inland and fire risks 1565 80
32 Book value of ledger assets over market
value viz 45352 38
35 Total 49175 11
36 Total admitted assets 2034852 53
VLiabilities
1 Grosslosses adjusted and not yet due 23129 25
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 74345 30
3 Gross claims for losses resisted 6400 00
4 Total 103874 55
5 Deduct reinsurance due or accrued 8422 74
6 Net amount of unpaid losses and claims 95451 81
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 672
98728 unearned premiums fifty per
cent 336493 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 101766918
unearned premiums pro rata 557424 12
11 Excess of original premiums over amount
received for reinsurance 70112 un
earned premiums pro rata 671 60
12 Total unearned premiums as computed above 894589 36
18 State county and municipal taxes due or accrued 15000 0028 ComptrollerGenerals Eeport
19 Commissions brokerage and other charges due or to be
come due to agents and brokers 659 00
25 Total amount of all liabilities except capital 1005700 17
26 Surplus as regards policyholders 1029152 36
27 Total liabilities 2034852 53
Business in the State of Georgia During the Year 1909
12 Gross risks written 784640 less 83168 risks cancelled
and 105158 reinsurance in cos authorized in 188326
net risks written 596314
13 Gross premiums received 1088910 less 118520 re
turn premiums and 151469 premiums for reinsurance
in cos authorized in 269989 met premiums received 8189 21
14 Losses paid deducting salvage 10 00
15 Losses incurred 660 00
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 200 000 00
2 Amount paid up in cash 200000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the Company carried out at market
vaJue 307250 00
13 Cash belonging to the company deposited
in banks viz Bankers Trust Co N Y
253752 Marine Natl Bank Buffalo
6577360 Natl Park Bank N Y
65649 State Natl Bank North Ton
awahda 513836 total 74105 97
Total cash items 74 405 97
15 Interest due and accrued on bonds not included in mar
ket value uncollected 3 020 83
17 Cash in hands of agents and in course of transmission 44260 20
All other assets both real and personal viz Due from
Illinois Ins Department Rebate for one Agents License 2 00
Total assets of the company actual cash market value 121389 00ComptbollebGeneeals Bepoet
29

IIILiabilities
2 Gross lasses in process of adjustment or
in suspense including all reported and
supposed losses 19269 45
3 Losses resisted including interest costs
and other expenses thereon 449 47
4 Total gross amount of claims for losses 19718 92
5 Deduct reinsurance thereon 148 50
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon ail unex
pired fire risks running one year or less
from date of policy 21722372 un
earned premiums fifty per cent 108011 86
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 627646 un
earned premiums pro Tata 4471 78
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 Taxes 430000 Commissions 981596
Reinsurance 492409 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 46716 34
3 Net collected 46716 34
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 395918 71
5 Total 442635 05
6 Deduct premiums and bills in course of
collection at this date 44260 20
19570 42
113083 64
19040 05
151694 11
200000 00
76944 89
428639 0030
ComptrollerGenerals Report
7 Entire premiums collected during the year 398374 85
8 Deduct reinsurance and return premiums 151099 93
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
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 785291 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 54706 and all
amounts actually received for reinsur
ance in other companies 2728263 to
tal deductions 27 S29 64
247274 92
15871 07
1163 29
264309 88
202139 74
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 Adjustment
charges 203981 general agency expenditures 54
07418 rent 57516 legal services 123869 auditing
57000 fidelity bonds 13500 administration expense
15361 total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
174310 10
20000 00
16711 13
6989 00
5972 12
58786 45
282768 80
229330 00
6433 04
1167 91
1173 91
ComptrollerGenerals Report 31
ETNA INSURANCE COMPANY OF HARTFORD CONNECTICUT
William B Clark President Henry E Rees Secretary
Home Office Hartford Connecticut
James S Middleton Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paidup
in cash 4000000 00
2 Amount of ledger assets December 31 of
previous year 13532914 07
4 Extended at 13532914 07
IIIncome
Fire Marine Inland
5 Gross premiums 8944625 57 665140 61
6 Deduct gross amount paid
for reinsurance fire 1
45072404 return pre
miums fire 97643744 2427161 48
Deduct gross amount paid
for reinsurance marine
and inland 17363481
return premiums marine
and inland 6192607
235560 88
7 Total premiums other
than perpetual 6517464 09 429579 73 6947043 82
8 Deposit premiums written on perpetual risks gross 2506 20
9 Gross interest on mortgage loans 45 00
11 Gross interest on bonds and dividends on
stocks less 425786 accrued interest
on bonds acquired during 1908 598536 41
12 Gross interest on deposits in trust com
panies and banks 21556 61
15 Total gross interest and rents
17 Conscience fund
18 General agency account collected
19 Two checks of Etna Insurance Company
uncollected
20 Tax on real estate recovered from the
State of Connecticut
620138 02
300 00
5870 47
11 67
9200 00
25 From agents balances previouslycharged off
28 Total income
15382 14
326 3i
7585390 5732 ComptkollekGtenekals Eepoet
IIIDisbursements
Fire Marine Inland
1 Gross amount paid policy
holders for losses in
cluding 52962697 oc
curring in previous
years 4282104 28 418058 56
2 Deduct amount received
for salvage fire 54
81749 reinsurance fire
77063851 total 825456 00
Deduct amount received
for salvage marine and
inland 768569 reinsur
ance marine and inland
10570741 total 113393 10
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Net amount paid policy
iholders for losses 3456648 28 30466 46
Expenses of adjustment and settlement of losses
Commissions or Brokerage
Salaries 14988274 and expenses 10815003 of special
and general agents
Salaries fees and all other charges of officers directors
trustees home and branch offices employees
Advertising 2458957 printing and stationery 47
17221 total
Istage exchange telegrams telephone express and
freight
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and tariff associations
Fire department fire patrol and salvage corps assess
ments fees 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
AH other licenses fees and tstxes viz Fire department
taxes 3016074 city and town licenses 2201648
tax on franchise 76708 other licenses 172962
Other disbursements viz Auditing 600000 miscella
neous expenses at Western North Western and Pacific
branch offices 2802894 miscellaneous expenses at
minor branch offices including coal light and power
3761313 74
41815 17
1288468 08
258032 77
303891 07
71761 78
53038 74
6410 56
6749 49
12454 36
93207 99
15489 40
25394 68
1594 64
9200 00
120749 00
21969 41
54673 92CoMPTBOLLEBGrENEBALS EePOET
water vault protection lunch system janitor and
engineers supplies ice laundry etc 2973971 total
32 Paid Munich ReInsurance Company for interest on bal
ance
33 Deposit premiums returned
34 Paid stockholders for interest or dividends
37 Agents balances charged off
38 Gross loss on sale or maturity of ledger assets viz bonds
58368 65
21867 94
1294 50
760000 00
5907 25
17033 30
40 Total disbursements 7010686 44
D 14107624 20
41 Balance v

IVLedger Assets
1 Book value of real estate 588207 93
4 Book value of bonds 825030453 and
stocks 382739040 12077694 93
5 Cash in companys office 21 07
6 Deposits in trust companies and banks
not on interest 44743 66
7 Deposits in trust companies and banks on
interest 1163618 52
8 Agents balances representing business
written subsequent to Oct 1 1908
74863847 less balance held for Mu
nich ReInsurance Company 54152043 207118 04
9 Agents balances representing business
written prior to October 1 1908 24141 05
16 Total ledger assets
14107624 20

NonLedger Assets
18 Interest due and accrued on bonds 6431265 on other
assets 37500 total
24 Market value of bonds and stocks over book value
25 Other nonledger assets viz Gross premiums in course
of transmission December 31 1908
16663082 43
64687 65
1672068 56
28 Gross assets
Deduct Assets Not Admitted
39 Agents balances representing business
written prior to October 1 1908 24141 05
35 Book value of ledger assets over market
value viz real estate 1382093
37 Total
38 Total admitted assets
162348
16500733 4534
ComptbollebGenebals Repobt
VLiabilities
1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of adjustment or ir
suspense including all reported and supposed losses
3 Gross claims for losses resisted
4 Total
o Deduct reinsurance due of accrued
154283 69
437513 40
54098 00
645895 09
11879479
6 Net amount of unpaid losses and claims 527 100 30
7 Gross premiums less reinsurance received and receiva
ble upon all unexpired fire risks running one year or
less from date of policy including interest premiums
on perpetual fire risks 415208377 unearned pre
miums fifty per cent 9 076 041 89
8 Gross premiums less reinsurance received and re
ceivable upon all unexpired fire risks running more
than one year from date of policy 758549248 un
earned premiums pro rata 3 980 573 61
9 Gross premiums less reinsurance cash and bills re
ceived and receivable upon all unexpired inland navi
gation risks 29712653 unearned premiums fifty per
cent 148563 27
12 Total unearned premiums as computed above 6 205 178 77
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received 94 ggg 41
20 State county and municipal taxes due or accrued 126 800 00
21 Commissions brokerage and other charges due or to be
come due to agents and brokers g4 495 ig
22 Return premiums 13962119 reinsurance premiums
11577967 total 255400 86
27 Total amount of all liabilities except capital 7293655 52
28 Capital actually paid up in cash 4000000 00
29 Surplus over all liabilities 5207077 93
30 Surplus as regards policyholders 9 207 07
7 93
31 Total liabilities 16500733 45
Business in the State of Georgia During the Year
Fire Risks Marine Inland Tornado Risks
23 Gross risks written 13020245 00 209060 00 867275 00
24 Gross premiums received 205226 39 2489 78 8 033 86
25 Losses paid 141729 07 3135 10 584 70
26 Losses incurred 148663 03 3135 10 584 70
ComptbolleeGenebals Eepoet 35
AGRICULTURAL FIRE INSURANCE COMPANY OP WATERTOWN
NEW YORK
W H Stevens President J Q Adams Secretary
Principal Office 23 Washington
C C Hatcher Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon 45069 53
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 58433a 98
3 Interest due on all said bond and mortgage loans
539750 interest accrued thereon 881267 total 14210 17
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 575388 00
5 Value of buildings mortgaged insured
for 50998500 as collateral 568840 00
6 Total value of said mortgaged premises
carried inside 1144228 00
9 Total par and market value of stocks and bonds owned
absolutely by the eomtpany carried out at market
value 1429713 00
11 Total par and market value and amount loaned thereon 421869 i
12 Cash in companys principal office 5852 58
13 Cash belonging to the company deposited
in bank 28619162
Total cash items 292044 20
15 Interest due and accrued on bonds not included in mar
ket value uncollected 10351 28
16 Interest due and accrued on collateral loans and un
collected
17 Cash in hands of agents and in course of transmission 252929 80
All other assets both real and personal 622 22
Interest due and accrued on bank balances and land con
2887 28
tracts r
Total assets of the company actual cash market value 3063437 16
ComptrollerGexerals Report
HILiabilities
1 Losses due and unpaid
2 Gross losses in process of adjustn 0r U
U suspense including all reported and
supposed losses
66754 00
3 Losses resisted including interest costs
and other expenses thereon
J Total gross amount of claims lo J
5 Deduct reinsurance thereon 8020 24
18900 21
6 Net amount of unpaid losses
7 Gross premiums without any deduction 109120 03
received and receivable upon all unex
pired fire risks running more than one
year from date of policy
Unearned premiums afty j Wg J
8 Gross premiums without any deduction
received and receivable upon all unex
Pred fire risks running more than one
year from date of policv
Unearned premiums proraia
1146080 52
11 Total
unearned premiums as computed
out computed above carried
19 All other demands against the 1616131 52
contingent due and tV i cmany absolute and
tested 11 me due aimited and con
tested viz for reinsurance premiums u rw
for accrued taxes 3170908 total 9i
51406 47
20 Total amount of all liabiliti
scrip and net surpk
es except capital stock
1776658 02
000 00
779 14
3063437 10
21 Joint stock capital actually paidup incash
23 Surplus beyond capital and all other liabilities
ATS6 1T Miti6S id

IVIncome Buring the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement P0ftf an
3 Net collected 2490o4 62
4 Gross premiums on risks 249054 62
newed during the year
5 Total
written and re
2218602 46
2467657 08ComptrollerGenerals Eeport
37
3 Deduct premiums and bills in course of
collection at this date 252929 80
7 Entire premiums collected during the
year
1 Deduct reinsurance and return premiums
2214727 28
705319 08
9 Net cash actually received for premiums earned Out 1o09i08
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 14655
profit on sale and maturity of stocks and bonds
143750 total
88963 55
1584 05
15 egregate amount of income actually received during
ss g 1634849 77
the year an cash v
VExpenditures During the Year

1 Gross amount actually paid for losses in
cluding 10026067 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 576385 and all
amounts actually received for reinsur
ance in other companies 17629531 to
tal deductions
892117 70
182059 16
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 Ml other payments and expenditures viz Loss adjust
ment board taxes advertising general expenses and
sundries
Decrease by adjustment in book value of real estate
710058 54
50000 00
339520 39
105977 94
58017 86
159953 46
11602 00
Aggregate amount of actual expenditures during the yeax
in cash
Business in the State of Georgia Durrng the Yea
Eire marine and inland risks written vComptbollebGenebals Repobt
Premiums received gross
losses paid 24161 26
losses incurred 23118 49
26139 45
ALLIANCE INSURANCE COMPANY OF PENNSYLVANIA
Charles Platt President rrenn w
Home Office 232 Walnut Street SSST
Edward S Gay Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
ln eash 500000 00
2 Amount of ledger assets as per balance
4 ZITJ1 of previ0ls year
1346911 52
UIncome
k f Fire Marine Inland
J Gross premiums 773063 79
6 Deduct reinsurance rebate aoi4S o3
abatement and return
premiums nnc r90
20633 7o 48312 11
7 Total premiums other than
PerpeUal 566330 04 187836 42
Carried out
8 Deposit premiums written on perpetual Viskl Xgro TZ on
11 Gross interest on bonds and dividends on 6
stocks less 95651 accrued interest on
bonds acquired 1908
12 Gross interest on depositsI
15 Total gross interest and rents
transfer fees
28 Total income
49688 87
42 50
805393 83
HIDisbursements
1 Gross amount paid policy
holders for losses JJ Cnland
2 Deduct amount received 38959 5
for salvage 685575 fireComptrollerGenerals Eeport
39
267532 marine and for
reinsurance in other com
panies 5377244 fire
345686 marine 60628 19 6 132 18
3 Net ainounft paid policy
holders for losses 299920 44 102827 39 402747 83
4 Expenses of adjustment and settlement of losses MM UJ
5 Deposit premiums returned g
8 Interest paid to scripholders JA an
9 Commissions or brokerage
11 Salaries 535234 and expenses 252970 of special and
general agents
12 Salaries fees and all other charges of officers directors
trustees and home office employees AnL
40 cto
13 Rents 79
14 Advertising 79872 printing and stationery 3150 dM4S
15 Postage telegrams telephone and express
16 Legal expenses
17 Furniture and fixtures Jw 3
18 Maps including corrections
19 Underwriters boards and tariff associations o6V6 oi
20 Fire departments fire patrol and salvage corps assess
ments fees taxes and expenses
21 Inspections and surveys in 125 97
24 State taxes on premiums
25 Insurance department licenses and fees
26 All other licenses fees and taxes viz Pennsylvania
State tax on capital stock
30 Miscellaneous home office expenses 64427 miscella
neous agency charges marine 870719 agents balances
charged off 562 total J
653201 64
40 Total disbursements v
1499103 71
41 Balance
IVLedger Assets
4 Book value of bonds excluding interest 1304575 00
en 23 7o
5 Cash in companys office
7 Deposited in trust companies and banks
F 92906 01
on interest
8 Agents balances representing business
written subsequent to October 1 1908 98590 79
9 Agents balances representing IbusinesBI
written prior to October 1 1908 1650 00
10 Bills receivable taken for marine and
1358 16
inland risks
1499103 71
16 Total ledger assets 40 CompTBOLLERGeneraIjs Eepoet
NonLedger Assets
18IntereStdueanaaecUedonbonds 7822 04
22 Total
7822 64
28 Gross assets
32 Agents Man W W
gents balances representing business
Wto pnor to October 1 1908
7 Bonds l6o0 00
50872 64
38 Total
52522 64
39 Total admitted assets
1454403 71
VLiabilities
1 Gross losses adjusted and unoaid
2 Gross claims for losses in 12349 63
wr Josses in process of ad
jnstment or in suspense
ported and opposed losses Kfe 3
10337 marine 37400 total
3 Gross claims for losses resisted fire Jjg J
4 Total
5 WuVancedueoa 83492
e 7929 salvage marine 1335 9264 Q0
5 rrl amUnt f lnli1 and claims
Gross premiums less reinsurance re 8 0
nve and receivable upon all m
Pned fire risks running one year or less
from date of policy includ S
premiums on pernetn1 terest
981 Perpetual fire risks 429
98100 unearned premiums fifty per
8 GI0SS P less reinsuranceV re 219 75
ta running mope
Op inmsIes 190670 02
and bills received and receivable upon
0o038 unearned pieniums 100p
10Grs 1nh VwwVeV 51030 8
8nd blll8 recei and receivable uptComptrollerGenerals Eeport 41
all unexpired marine risks 8679143
unearned premiums 100 per cent 86791 43
12 Total unearned premiums as computed albove 548502 58
13 Amount reelaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received 8511 4
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 12750 00
27 Total amount of all liabilities except capital 643997 82
28 Capital actually paid up in cash 500000 00
29 Surplus over all liabilities 310405 89
30 Surplus as regards policyholders 810406 89
31 Total liabilities 1454403 71
Business in the State of Georgia During the Year 1909
Risks written 901341 00
Premiums received 16670 98
Losses paid 10227 98
Losses incurred 10132 83
AMERICAN CENTRAL INSURANCE CO OF ST LOUIS MISSOURI
Edward T Campbell President John H Adams Secretary
Principal Office 816 Olive St St Louis Mo
Win 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
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 35000 00
3 Interest accrued on all said bond and mortgage loans 420 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 68200 00
6 Total value of said mortgaged premises
carried inside 68200 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 400151200
11 Total amount loaned on stocks bonds and all other
securities except mortgages 590250 00
12 Cash in companys principal office 9919 66
13 Cash belonging to the company deposited
in banks viz National Bank of Com
4ins42 ComptrollerGenerals Eeport
St Louis 14098350 Third National
Bank St Louis 2163125 Natl Bank
of Com N Y 1319178 total i75806 53
Total cash items
15 Interest due and accrued on stocks noV included in mar
ket value uneollected 37 812 QO
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission 451 496 S
18 Bill receivable not matured taken for fire marine and
inland risks
392 06
Total assets of the company actual cash market value 5307128 71
IIILiabilities
1 Losses due and unpaid 32 M8
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 190358 01
3 Losses resisted including interest costs
and other expenses thereon 9 225 00
4 Total gross amount of claims for losses 232101 16
5 Deduct reinsurance thereon 67257 42
6 Net amount of unpaid losses 1M
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 14348972 un
m1 premiums fifty per cent 77494 86
8 Gross premiums without any deduction
received and receivable upon all unes
pired fire risks running more than one
year from date of policy 257743654
unearned premiums pro rata 1382306 16
11 Total unearned premiums as computed above carried
out
ls dclared anHnaining unpaldox uncalledfor no 98
l All other demands against the company absolute and
Kl lll l to beea due admitted and con
tested viz Estimated tas on premiums 15000 00
commissions due agents 6772441 total 82724 41
20 Total amount of all liabilities excepl capital stock scrip
and net surplus
1 2348110 15ComptrollerGenerals Eeport
43
21
23
24
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
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 456014 09
Net collected 456014 09
Gross premiums on risks written and re
newed during the year 3412962 20
2000000 00
959018 56
5307128 71
Total 3668976 29
Deduct premiums and bills in course of
collection ait this date
451496 12
7 Entire premiums collected during the
3417480 17
year
8 Deduct reinsurance and return premiums 1120108 28
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Unclaimed dividends
184 99
217027 31
30 00
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 14123352 losses occurring in
previous years 1754945 69
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1253150 and all
amounts actually received for reinsur
ance in other companies 30329091
total deductions 315822 41
Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 240
00000
1439123 28
260000 0044 ComptrollerGenerals Report
6 Paid for commissions or brokerage
Paid for salaries fees and ntt V 424220 54
9 All otner payments and expenditures viz a U 68327 U
2422845 general expenses 20343538 total 2305f4
Agnate amountof actual expenditures during the year
Business in the State of r 2518913 20
f arine and inland 19
Premiums received gross 236129 00
Losses paid 38850 51
Losses incurred 22789 44
22938 08
AMEKICAN BRUGGISTS FIBE INSlJBANCE
CINCINNATI OHIO
Chas H Avery President
Principal Office 121516 Mercantielyndi
Cincinnati Ohio
Chas A Wikle Atnt AltliriIv for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash i 150000 00
1 150000 00
v IIAssets
9 Account of stocks and bonds owned absolutely by the
company carried out at book value
12 Oash in companys principal office 1G851 40
M to the company deputed
lk vi Western German rin
ati O 307299 National Bank f
0onune Columbus O 4000 total 7072 99
Total cash items
rrri Sis
M deposit accrued 20 00
I Py actual cashet value ComptrollerGenerals Eeport
45

IIILiabilities
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 3459287 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 115417 un
earned premiums pro rata
17296 44
820 41
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 AH other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due or
accrued 55813 commissions due to agents 32713
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
18116 85
424 99
885 26
19427 10
150000 00
12536 03
181963 13
IVIncome Durng the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 2461 46
3 Net collected 2461 46
4 Gross premiums on risks written and re
newed during the year 36488 62
5 Total 38950 08
6 Deduct premiums and bills in course of
collection at this date 2906 63
7 Entire premiums collected during the
year 36043 45
8 Deduct reinsurance and return premiums 1152 97
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
34890 48
4535 0046 ComptrollerGenerals Report
11 Received for intent and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
it any ln value of securities viz Bents 18000
profit and loss 166 receipts from premium on sale of
stock increase capital 1000000 total
13 Received for increase capital
15 Aggregate amount of income actually received during the
year m cash 6
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 2250 losses occurring in pre
VIUS yearS 13654 73
Net amount paid during the year for losses
o 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 thisand oUhm
states viz Corporation and Pers 10320 State
taxes 25870 Ins Dept licenses and fees 7962
Fire Patrol 5902 total
9 All other payments and expendituresviz Expensead
SEE 28116 advJisin printine 23L
103626 postage telegraph and express 575 67 fur
niture and fixtures 5250 officers bonds 4050 gen
era expenses 28525 expenses incident to increase of
capital 563108 total
10 Bent
Aggregate amount of actual expenditures during the year
165 98
10181 66
50000 00
99773 12
13654 73
3489 59
6581 93
1217 13
7902 42
480 00
33325 80
AMERICAN FIRE INSURANCE COMPANY OP NEWARK N J
P L Hoadley President
Olin lTS T 7 Newar Nt7
Ohn L PattUlo Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash M 7500 00
F 750000 00ComptkollebGenerals Beport
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 bondand mortgage loans 1
47750 interest accrued thetreon 1420511 total
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 1943 66
13 Cash belonging to the company deposited
in banks viz Essex County National
Bank 14999165 National Newark
Banking Co 14354851 total 293540 16
47
471900 00
1311980 75
15682 61
4962610 0
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
295483 82
53402 38
416524 06
220448 46
Total assets of the company actual cash market value 7748032 08
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 263654 38
3 Losses resisted including interest costs
and other expenses thereon 14306 00
4 Total gross amount of claims for losses 277960 38
5 Deduct reinsurance thereon 04000

6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year otr less
from date of policy 157463165 un
earned premiums fifty per cent 787315 83
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running mare than one
245400 6948
ComptrollerGenerals Report
year from date of policy 661738365
unearned premiums pro rata 3525259 30
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 Accrued taxes
19 Commission brokerage and other charges due or to
become due to agents or brokers
4312575 13
37500 00
71 00
862 55
30000 00
116623 26
20 Total amount of all liabilities except capital stock scrip
and net surplus
20 Special reserve fund
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
4743032 63
300000 00
750000 00
1954999 45
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 739 690 21
2 Deduct amount of same not collected 71 05
7748032 08
3 Net collected 738319 16
4 Gross premiums on risks written and re
newed dining the year 4 292 066 36
5 Total
5030385 52
6 Deduct premiums and bills in course of
collection at this date 675513 HI
7 Entire premiums collected during the
Var 4354872 33
8 Deduct reinsurance and return premiums 1053808 82
B 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
3301063 51
62023 96
215740 08ComptrollerGenerals Report
49
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 2132952
profit on sale real estate 52105 total
15 Aggregate amount of income actually received during the
21850 57
year in
cash
VExpenditures During the Year
3600678 12
2
1 Gross amount actually paid for losses in
eluding 38883760 losses occurring in
previous years 1931267 98
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 4235625 and all
amounts actually received far reinsur
ance in other companies 12903982
total deductions 171396 07
Net amount paid during the year for losses 1762871 91
3 Expenses of adjustment and settlement of losses 40755 06
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 150
000 14983956 cash dividends actually paid policy
holders 2400 forfeited 70 9700 total 149936 56
6 Paid for commissions or brokerage 842408 32
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 135761 36
8 Paid for State national and local taxes in this and other
States 108060 01
9 All other payments and expenditures viz Repairs and
expenses on real estate 170099 taxes on real estate
592888 loss on sale of real estate 500 depreciation
of stocks and bonds 2411278 stationery postage
special agents expresssage rents maps etc 223
13623 total 254883 88
Aggregate amount of actual expenditures during the
year in cash 3294077 10
Business in the State of Georgia During the Year
Fire risks written 1494890 00
Premiums received gross 24222 4
Losses paid 10326 45
Losses incurred 9606 0350 ComptbollebGenebals Eepoet
THE ATHENS MUTUAL INSURANCE COMPANY OP ATHENS GA
M Stern President
Principal Office Athens Ga
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 199
13 Cash belonging to the company deposited
in banks viz Athens Savings Bank
866210 Bishop Banking Co 23420 8 896 30
B B Dixon Secretary
11405 00
Total cash items
15 Interest due and accrued on bonds not included in mar
ket value uncolleeted
16 Interest due and accrued on notes and uncolleeted
17 Cash in hands of agents and in course of transmission
18 Bill receivable not matured taken for fire marine and
inland risks and other notes
Furniture fixture and supplies
All other assets
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted
5057 09
2500 00
4 Total gross amount of alaims for losses
12 Net reinsurance reserve and all other liabilities except
capital under the life insurance or any other special
department
15 Dividends declared and remaining unpaid or uncalled for
23 Surplus beyond capital and all other liabilities
9095 3
215 00
80 46
11863 14
3750 51
1859 36
860 67
Total assets of the company actual cash market value 39129 53
7557 09
250173a
1073 74
5481 37
24 Aggregate amount of all liabilities including capita paid
up and net surplus 39 129 53
1 Amount of unearned premiums represented by install
ment notesbeing the whole amount of such notes
224176
ComptbollebGtenebals Eepoet 51
IVIncome During the Year
9 Net cash actually received for premiums carried out 46929 16
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources 607 82
12 Income received from all other sources omitting increase
if any in value of securities viz Local department 668 65
15 Aggregate amount of income actually received during
the year in cash 48205 63
yExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 223463 losses occurring in pre
vious years 21760 90
Net amount paid during the year for losses 21760 90
4 Cash dividends actually paid policyholders 4207 25
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees and other ex
expenses 16507 53
8 Paid for State national and local taxes in this and other
States i32722
Aggregate amount of actual expenditures during the year
43802 90
in cash
Business in the State of Georgia During the Year
Fire risks written 2012262 00
Premiums received gross 58036 21
21760 90
Losses paid
Losses incurred 24708 36
ATLAS ASSURANCE CO LTD OF LONDON ENGLAND
Frank Lock United States Manager
Principal Office 100 William Street New York N Y
C C Hatcher Atlanta Attorney for Service in Georgia
ICapital
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 ineumbrances thereon 85000 00
9 Total par and market value of stocks and bonds owned52 ComptrollerGenerals Eeport
absolutely by the company carried out at market
value
9 Po 1741156 00
It Lash in companys principal office 1337 15
13 Cash belonging to the company deposited
in banks viz Manhattan Trust Co
N Y 3118554 Merchants National
N Y 1739862 First National Chi
cago 364908 Canadian Bank of Com
merce California 799993 total 60203 17
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected 10o
irr 182o6 6I
17 Cross premiums as written in the policies in course of
collection on policies written within three months 320 213 87
All other assets both real and personal i95 7Q
Rebate due on taxes overpaid goo
Total assets of the company actual cash market value 2234862 65
IIILiabilities
1 Losses due and unpaid 10 526 06
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 101 303 l
3 Losses resisted including interest eosts
and other expenses thereon 4 915 00
4 Total gross amount of claims for losses 116744 31
o Deduct reinsurance thereon 5 630 91
6 Net amount of unpaid losses 111110n
f n lit113 40
jtross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year on less
from date of policy 112766401 un
ml1 premiums fifty per cent 563832 01
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 141094019
unearned premiums pro rata 743749 92
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and 137381
contingent due and to become due admitted and con20
23
24
9
11
12
15
ComptrollerGenerals Report 53
tested viz State and municipal taxes estimated
3200000 commissions etc 6342204 reinsurance
714430 total 102566 34
Total amount of all liabilities except capital stock scrip
and net surplus 1521261 67
Surplus beyond capital and all other liabilities 713600 98
Aggregate amount of all liabilities including capital
paid up and net surplus 2234862 6o
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 305768 77
Deduct amount of same not collected 16 66
Net collected 305752 11
Gross premiums on risks written and re
newed during the year 2039577 02
Total 2345329 13
Deduct premiums and bills in course of
collection at this date 323528 52
Entire premiums collected during the
year 2021800 61
Deduct reinsurance and return premiums 427284 79
Net cash actually received for premiums carried out 1594515 82
Received for interest and dividends on stock and bonds
collateral loans and from all other sources 69960 80
Income received from all other sources omitting increase
if any in value of securities viz Rents 2205 04
Aggregate amount of income actually received during
the year in cash 1666681 66
VExpenditures During the Year
Gross amount actually paid for losses in
cluding 7655226 losses occurring in
previous years 862892 53
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1105609 and all
amounts actually received for reinsur54 ComptrollerGenerals Eeport
ance in other companies 6385682
total deductions 74 q 91
Net amount paid during the year for losses 787979 62
6 Paid foT commissions or brokerage 327853 41
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 124 027 71
8 Paid for State national and local taxes in this and other
States 4g618 4
9 All other payments and expenditures viz Rents 15
37835 local boards 3042634 advertising printing
and stationery 1672261 maps 488583 traveling
3470554 miscellaneous 3106294 total 133 181 61
10 American branches of foreign companies will please re
port amount sent to home offices during the year
21528832
Aggregate amount of actual expenditures during the
y6ar in cash 1418660 80
Business in the State of Georgia Dtiring the Year
Kre risks written lg 0Q
Premiums received gross 3 605 76
paid 285 38
Eosses incurred 29343 38
ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA
Joel Hurt President Dowdell Brown Secretary
Principal Office 223 Equitable Bldg Atlanta Ga
ICapital
1 Whole amount of capital stock 200 000 00
2 Amount paid up in cash 200 000 00
11Assets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 97000 00
3 Interest accrued on all said bond and
mortgage loans 113g
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 156000 00
5 Value of buildings mortgaged insured for
20500 as collateral 37 000 00
6 Total value of said mortgaged premises
carried inside 193 000 00CompteolleeGtenebals Eepoet
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 150 28
13 Cash belonging to the company deposited
in banks viz American National
Bank Macon Ga 20000 Lowry Na
tional Bank Atlanta Ga 1052817
Atlanta National Bank Atlanta Ga
69236 total 31320 53
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uneollected
16 Interest due and accrued on collateral loans and uneol
lected
17 Cash in hands of agents and in course of transmission
Office furniture
Total assets of the company actual cash market value
IIILiabilities
2 Gross iosses in process of adjustment co
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
7643 00
6100 00
13743 00
361 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 13981707 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 7830694 un
earned premiums pro rata
69908 53
42219 77
11 Total unearned premiums as computed above carried
out
14 Amount of dividends declared but not yet due
55
302132 03
6000 00
31370 81
1907 50
2793 88
33429 48
1500 00
476133 70
13382 00
112128 30
7000 0056
ComptrollerGenerals Report
17 Accrued taxes
To companies for reinsurance of risks
1427 33
618 44
20 Totalamount 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
134556 07
200000 00
141577 63
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Giross premiums and bills in course of col
lection at close of last previous year as
shown by that years statementi
3 Net collected
476133 70
31586 37
31586 37
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of
collection at this date
250203 61
281789 98
33429 48
7 Entire premiums collected during the
year 248360 50
8 Deduct reinsurance and return premiums 74533 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 Profit on sale of
stocks 805275 increase in market value 4328 total
173826 68
7683 94
14914 68
12380 75
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
chiding 6392 losses occurring in pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 181787 ami all
amounts actually received for reinsur
208806 05
101611 15
CompteolleeGeneeals Report 57
anee in other companies 326321 total
deductions 5081 07
Net amount paid during the year for losses 96530 08
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 14000 00
6 Paid foT commissions or brokerage 36811 77
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 12974 29
8 Paid for State national and local taxes in this and
other States 8003
9 All other payments and expenditures vizVs expendi
tures 887470 profit and loss decrease in value of
securities 325041 total 12125 1
Aggregate amount of actual expenditures during the
year in cash 180445 02
Business in the State of Georgia During the Year
Fire risks written 3555609 00
Premiums received gross 60390 S4
Losses paid 31935 47
Losses incurred JM
ATLANTIC NATIONAL FIRE INSURANCE COMPANY OF MACON GA
Geo Dole Wadley President John J McKay Secretary
Principal Office 561 Mulberry St Macon Ga
John J McKay Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash stock payable in
monthly pnsitallmants of 5 iper cent
running 13 months yet 100000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
71224 20
value
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 296o 00
12 Cash in companys principal office 262 50
13 Cash belonging to the company deposited
in banks American National Macon
Ga 149489 City National Dublin
Ga 250000 total 3994 89
4257 39
Total cash items 58
ComptbollebGeneeal s Eepobt
15 Interest due and accrued on bonds not included in
market value uneollected
1257 16
Total assets of the company actual cash market value
IIILiabilities
106393 75
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
100000 00
6393 75
IVIncome During the Yeatr
10 Received for interest on bonds and mortgages
13 Received for calls on capital 10000000 surplus 9500
total
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
9 All other payments and expenditures viz Printing
and advertising 43348 postage 286 furniture and
fixtures 12800 incidentals 2483 telegraph and tele
phone 1960 traveling expenses 88227 exchange
103 legal expenses 10000 charter fee 10000 or
ganization expenses 23066 total
Aggregate amount of actual expenditures during the year
in cash
140 17
109500 00
109640 17
1045 55
2200 87
3246 42
BLUE RIDGE EIRE INSURANCE COMPANY OF MARIANNA FLA
Jno H Carter President Homer T Mulkey Secretary
Principal Office Blue Ridge Ga
Percy Putnam Blue Ridge Attorney for Service in Georgia
ICapital
I y110 mf of eaPital sto 200000 00
Amouttl paid up in cash 110000 00
11Assets
1 Market value of real estate owned by the companv less
the amount of incumbrances thereon 12000 00ComptrollerGenerals Report
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 21 44
13 Cash belonging to the company deposited
in banks viz North Georgia National
1128984 North Georgia Trust Co
1500000 total 26289 84
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
fixtures maps agency supplies
Total assets of the company actual cash market value
IIILiabilities
1 Losses adjusted and unpaid not yet due 2705 72
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 5926 32
3 Losses resisted including interest costs
and other expenses thereon 1550 00
4 Total gross amount of claims for losses 10182 04
5 Deduct reinsurance thereon 802 99
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 1962339
unearned premiums fifty per cent 9811 69
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 622168
unearned premiums pro rata 5116 00
11 Total unearned premiums as computed above carried
out
19 All other demandsagainst the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance premiums
20 Total amount of all liabilities except capital stock scrip
and net surolus
59
97550 00
26311 28
2742 00
10437 73
4420 51
153461 52
9379 05
14927 69
543 67

24850 4160 ComptrollerGenerals Report
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVIncome During the Year
4 Gross premiums on risks written and renewed during
tbe yeaT 35967 26
6 Deduct premiums and bills in course of
collection at this date io 437 73
7 Entire premiums collected during the
year 25529 53
8 Deduct reinsurance and return premiums 7754 95
9 Net cash actually received forpremiums carried out
10 Received for interest on bonds
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 29400 re
insurance commissions 39957 commissions on cancel
lations 132991 total
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 losses occurring in previous
years 2789 77
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in
other companies 252 14
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
hi lier States
9 All other payments and expenditures viz Advertising
24165 postage express telegraph 58026 under
writers boards 7500 miscellaneous 22604 adjust
ment of losses 17295 total
110000 00
14109 47
148959 88
17774 58
875 00
1556 00
2023 48
22229 06
2537 63
6983 13
7377 69
2142 92
1295 90ComptrollerGenerals Eepokt 61
10 Aggregate amount of actual expenditures during the year
in cash 20337 27
Business in the State of Georgia During the Year
Fire risks written 268695 00
Premiums received gross 6A36 30
Losses paid 787 50
Losses incurred 4625 00

BRITISH AMERICA ASSURANCE COMPANY OP
TORONTO CANADA
Hon Geo A Cox President P H Sims Secretary
Principal Office 182022 Front St East Toronto Ontario
Geo J Dexter Atlanta Attorney for Service in Georgia
ICapital
2 Amount paid up in cash 205000 00
IIAssets
9Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1330919 34
13 Cash belonging to the company deposited in Canadian
Bank of Commerce New York 24990 78
15 Interest due and accrued on stocks not included in mar
ket value uncollected 21926 65
17 Cash in hands of agents and in course of transmission 124810 53
All other assets both real and personal
balances prior to Oct 1st 1864 38
Total assets of the company actual cash market value 1502647 30
IIILiabilities
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 102141 73
3 Losses resisted including interest costs
and other expenses thereon 12307 60
6 Net amount of unpaid losses 114449 3
7 Gross premium without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 73823335 unearn
ed premiums fifty per cent 369116 6762
ComptrollerGenerals Report
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 86457819
unearned premiums pro rata
410592 24
11 Total unearned premiums as computed above carried
t
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Accrued taxes 1299844 commission due agents
2917722
779708 91
42175 66
20 Total amount of all liabilities except capital stock scrip
and net surplus 936333 90
21 Joint stock capital actually paid up in cash 205 000 00
23 Surplus beyond capital and all other liabilities 361313 40
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1502647 30
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
year a statement 156469 76 22790 30
3 Net collected 156469 76 22790 30
4 Gross premiums on risks
written and renewed dur
ing the year 1357595 12
407 52
5 Toal 1514064 88 23197 82
6 Deduct premiums and bills
in course of collection at
this date 124437 56 372 97
7 Entire premiums collected
during the year 1389627 32 22824 85
8 Deduct reinsurance and re
turn premiums 451806 20
9 Net cash actually received
1651 32
for premiums carried
out 93782112 21173 53
10 Received for interest on bonds and mortgages
958994 6c
52151 02ComptbollebGteneeals Repoet
63
11 Received far interest and dividends on stocks 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
2601 43
57292 54
15 Aggregate amount of income actually received during the
year in cash 1671089 64
VExpenditures During the Year
Eire
Marine Inland
1 Gross amount actually paid
for losses including 81
00796 losses occurring in
previous years
2 Deduct all amounts actu
ally received for salvages
whether on losses of the
last or of previous year
1084148 and all
amounts actually receiv
ed for reinsurance in
other companies 105
27785 total deductions
773421 32 36876 51
111652 26
4467 07
Net amount paid during
the year for losses 661769 06 32409 44
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 Advertising
board exchange legal maps office expenses postage
printing supervision telegraph express traveling etc
694178 50
201806 58
56999 76
36541 25
116497 44
Aggregate amount of actual expenditures during the year
fncsh 1106023 53
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
1173643 00
39549 65
20329 41
23149 5064
ComptrollerGenerals Eepoet
CALEDONIAN FIRE INS CO OF EDINBURGH 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 8 Mathews Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
2687500 00
537500 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 263 65
13 Cash belonging to the company deposited
in banks and trust companies Dec 31
190S American Exchange National
Bank N Y City trustees account
377844 managers account 110
76400 home office account 47117
Manhattan Trust Co N Y City trus
tees account 4500000 Bank of British
North America San Francisco Cal
managers account 130877 total 161322 38
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncoileeted
17 Cash inhands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
Aill otter assets both real and personal due from other
companies for reinsurance on losses already paid
525000 00
1143275 00
161586 03
7795 81
143674 48
94 58
2805 63
TotaJ assets of the eompany actual cash market value 1984231 53
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
54592 08
92097 56
15239 43ComptrollekGenekals Eepobt
65
4 Total gross amount of claims for lossesI
5 Deduct reinsurance thereon
161929 06
27579 79
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire Tasks running one year or less
from date of policy 92642285 un
earned premiums
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 144917355
unearned premiums pro crata
134349 27
463211 42
772790 13
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 Contingency reserve 2000000 reinsurance pre
miums 1629757 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
4 Gross premiums on risks written and re
newed during the year 1888622 41
8 Deduct reinsurance and return premiums 497865 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 Bents 171759o
profit on realization of investments 1102241 total
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1236001 55
36297 57
1406648 39
577583 14
1390756 57
47684 51
28198 36
1466639 41
1 Gross amount actually paid for losses in
cluding 17238596 losses occurring in
previous years

948617 3466 ComptrollerGenerals Eeport
2 Deduct all amounts actually received th
salvages whether on losses of the last
or of previous year 559157 and ail
amounts actually received for reinsur
ance in other companies 18337851
total deductions 188970 og
Net amount paid during the year for losses 759 647 o6
6 Paid tor commissions on brokerage 316270 83
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees Qf 00 c
q x r J 94803 6i
S Paid for State national and local taxes in this and other
States
3g 09Q Q1
9 All other payments and expenditures viz Rents 7
97216 other expenses 5934535 total 67317 51
10 American branches of foreign companies will please re
port amount sent to home offices during the vear
15623534
Aggregate amount of actual expenditures during the vear
in cash
1276910 12
Business in the State of Georgia During the Year 1909
Fire marine and inland risks written 1 940 483 00
Premiums received gross
Losses paid li
Losses incurred 1237 15
17680 81
CITIZENS FIRE INSURANCE COMPANY OF MISSOURI
Chas E Chase President Tto H BeMand Secret
1 rincpal Office 110121 Pierce Building St Louis
W R Preseott Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of canital sstnet a
o Pitai stock 200000 00
2 Amount paid up in cash 200000 00
IIAssets
1 Market value of veal state owned by the company less
the amount of incumbrances thereon 400 00
2 Loans on mortgage duly recorded and being firstliens
on the fee simple
3 Interest due on all said bond and mortgage loans inter
est accrued thereon
Value of lands mortgaged exclusive of
buildings and perishable improvements 127 100 00ComptrollerGenerals Eeport
67

5 Value of buildings mortgaged insured
for 122750 as collateral 153400 00
6 Total value of said mortgaged premises
carried inside 280500 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 office 362 91
13 Cash belonging to the company deposited
in banks viz Natl Bank of Commerce
St Louis 3307818 Bankers Trust Co
New York 200958 National Bank of
Commerce Now York 500000 Ameri
can Exchange National Bank Dallas
Texas 94013 Wells Fargo Nevado
San Francisco 977580 Dowry National
Bank of Atlanta 286479 total 12640 59
Total cash items
15 Interest duo and accrued on bonds not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market value i
IIILiabilities
1 Losses adjusted and unpaid 22106 95
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 111913 80
3 Losses resisted including interest costs
and other expenses thereon 8885 00
4 Total gross amount of claims for losses 148905 75
5 Deduct reinsurance thereon 112891 50
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 358723 00
Unearned premiums fifty per cent 179361 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 40442400
unearned premiums pro rata 213833 57
498643 75
62341 39
7647 00
149763 60
813733 74
36014 2568 ComptrollerGenerals Eeport
Excess of original premiums over amount
received for reinsurance 62577 pro
rata i 302 90
10 Gross premiums without any deduction received and re
ceivable on all unexpired marine risks 393 517 97
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Taxes due and accrued 4 850 00
20 Total amount of all liabilities except capital stock scrip
and net surplus g2
41 Joint stock capital actually paid up in cash 200 000 00
23 Surplus beyond capital and all other liabilities 179351 52
24 Aggregate amount of all liabilities including capital paid
up and net surplus u
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 125311 02
3 Net collected 125 311 02
4 Gross premiums on risks
written and renewed dur
ing the year 2159120 43 296 23
5 Total 2284431 45 296 23
6 Deduct premiums and bills
in course of collection at
this date 177962 43
7 Entire premiums collected
during the year 2106469 22 296 23
8 Deduct reinsurance and re
turn premiums 165837118 198 43
9 Net cash actually received
for premiums carried
Ut 448098 04 97 80 448195 84
10 Received for interest on bonds and mortgages 26 394 44
11 Received for interests and dividends on stocks and from
all other sources
T 14a 01
12 Income received from all other sources omitting increase
if any in value of securities viz Profit and loss items 22 35ComptrollerGenerals Eeport
13 Aggregate amount of income actually received during the
year in
cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 17502212 losses occurring in
previous years l09oioo ou
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 801285 and all
amounts actually received for reinsu
rance in other companies 81055607
total deductions 818568 92
Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid foir 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
69
476087 64
277186 68
16000 00
84798 42
42665 40
20250 84
47341 02
Aeeresrate amount of actual expenditures during the year
8 488242 36
m cash
Business in the State of Georgia During the Year 1909
Fire marine and inland risks written 9376904 00
Premiums received gross
43815 49
Losses paid 44492 33
Losses incurred
COLUMBIA INSUKANCE COMPANY OF JERSEY CITY N J
t j i C E Dean Secretary
Geo F Crane President u
Principal Office 15 Exchange Place Jersey City N J
ICapital
1 Whole amount of capital stock 400000 00
2 Amount paid up in cash 400000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 70
ComptrollerGenerals Report
13 Cash belonging to the company deposited in banks viz
Metropolitan Trust Co New York 6489508 Commer
cial Trust Company New York 151975 total
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Special de
posit Bank of Nova Scotia Ontario Ins Dept 500000
and special deposit Sterling Bank Ontario Ins Dept
500000 interest accrued thereon 6250 total
66414 83
5655 81
32651 19
10062 50
Total assets of the company actual cash market value 638234 33
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3842 11
6 Net amount of unpaid losses
9 Gross premiums without deduction in
eluding both cash and bills received
and receivable upon all unexpired yearly
inland navigation and marine risks
14596135 at 50 per cent
10 Gross premiums without deduction receiv
ed and receivable on all unexpired
marine risks
22980 68
1906 23
11 Total unearned premiums carried out
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
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid in cash
23 Surplus beyond capita and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
8842 11
74886 91
5000 00
88729 02
400000 00
149505 31
638234 33
IVIncome During the Year
Gross premiums on marine and inland
risks written and renewed during the
741138 92ComptrollerGenerals Eeport
71

Deduct reinsurance and return pre
miums
543836 21
9
10
15
Net cash actually received for premiums carried out
Received for interest on bonds and mortgages
197302 71
22388 09
Aggregate amount of income actually received during the
year in cash 219690 80
VExpenditures During the Year
Gross amount actually paid for losses on
marine attd inland risks including
2213357 losses occurring in previous
years 415277 04
Deduct all amounts actually received for
salvages whether on losses of the last
or of the previous year 3998999
and all amounts actually received for
reinsurance in other companies 265
78493 total deductions 305774 92
Net amount paid during the year for losses 109502 12
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 14000 00
6 Paid for commission or brokerager 48761 10
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 9692 64
8 Paid for State national and local taxes in this and other
States 5298 01
9 All other payments and expenditures 22604 60
Aggregate amount of actual expenditures during the year
in cash 209858 47
THE COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GA
J Y Cainthers President W P Deane Secretary
Principal Office Southern Mutual Building Athens Ga
C W Hodgson Athens Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
100000 CO
100000 0072 ComptrollerGenerals Report
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
Yalue 100750 0O
12 Cash in companys principal office 4 80
13 Cash belonging to the company deposited
in banks viz Natl Bank of Athens
435626 Citizens Bank of Athens
02 total 4 742 08
Total cash items 4 740 08
15 Interest due and accrued on stocks not included in mar
ket value uineollected 176 40
Total assets of the company actual cash market value 105668 48
IIILiabilities
21 Joint stock capital actually paid up in cash 100000 00
23 Smplus beyond capital and all other liabilities 5668 48
24 Aggregate amount of all liabilities including capital paid
up and net surplus 105668 48
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 incumbrances thereon 888 000
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 23 000 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
5 Value of buildings mortgaged insured
for 3080000 as collateral 35000 00
6 Total value of said mortgaged premises
carried inside 49000 00ComptrollerGenerals Report
73

9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 4573230 00
12 Cash in companys principal office 1268 26
13 Cash belonging to the company deposited
in banks 472183 12
Total cash items 473451 38
15 Interest due and accrued on stocks not included in mar
ket value uncollected 61543 00
17 Cash in hands of agents and in course of transmission 675792 94
18 Bill receivable not matured taken for fitre marine and
inland risks 33226 53
All other assets both real and personal viz Rents due
and accrued 972881 duo from other companies for
reinsurance on losses already paid 565646 total 15385 27
Total assets of the company actual cash market value 6743685 37
IIILiabilities
1 Losses due and unpaid 78017 19
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 334052 00
3 Losses resisted including interest costs
and other expenses thereon 483553 00
4 Total gross amount of claims for losses 895622 19
5 Deduct reinsurance thereon 66377 24
6 Net amount of unpaid losses 829244 95
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 248694224 un
earned premiums fifty per cent 124347112
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 377928856
unearned premiums pro rata 1877374 38
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 19766521 98832 60
10 Gross premiums without any deduction
received and receivable on all unexpired
marine risks 55708 23
6ins
74
ComptrollerGenerals Eeport
11 Total unearned premiums as computed above carried
out
12 Amount reclaimable on Perpetual Ins toeing 90 per cent
of amount receiveu
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes 56500 return premiums 12
77560 reinsurance premiums 3710726 total
3275386 33
99853 96
106382 86
20 Total amount of all liabilities except capital stock scrip
and net surplus
23 Surplus beyond capital and all other liabilities
4310868 10
2432817 27
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
Fire Marine Inland
6743685 37
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement
3 Net colleated
4 Gross premiums on risks
written and renewed dur
ing the year 4683329 40
767391 07 36486 84
767391 07 36486 84
i72rrs 43
5 Total 5450720 47 509045 27
6 Deduct premiums and bills
in course of collection at
this date
779113 78
Entire premiums collected
during the year 4671605 69
8 Deduct reinsurance and re
turn premiums 1347 323 83
39690 91
469354 36
108401 91
9 Net cash actually received
for premiums carried
out 332428286 300952 45
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 70149 65
sale of rights N Y N 11 storks 132503
3685235 31
955 00
211185 37ComptbollebGenebals Repoet
75

agents balance previously charged off 300 gross
profit sale of bonds 810 gross increase book value
2326088 total
14 American branches of foreign companies will please re
port amount of remittances from home office during
the year
95845 56
159034 01
15 Aggregate amount of income actually received during the
year in cash 4152255 25
VExpenditures During the Year
Fire Marine Inland
1 Gross amount actually paid
for losses 2363981 48 219224 67
2 Deduct all amounts actual
ly received for salvages 211326 48 54440 04
709063 86
194064 15
128411 52
Net amount paid during
the year for losses 2152655 00 164784 63
4 Cash dividends actually paid stockholders 2317439 63
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 Natl and
local boards traveling and surveying printing and sta
tionery advertising exchange postage telephone etc
Rents furniture and fixtures legal expenses maps re
duction in book value deposit premiums returned sun
dries total
10 American branches of foreign companies will please re
port amount sent to home offices during the year
256752 26
810272 83
Aggregate amount of actual expenditures during the year
in cash
1416004 25
Business in the State of Georgia During the Year 1909
Fire marine and inland risks written 8188366 00
Premiums received gross
Losses paid
Losses incurred
64376 70
61531 70
1 B

ComptrollerGenerals Eeport
CONNECTION FIRE TTOANCS COMPANY OP HARTPORD CONN
J D Browne President w
Home Office 51 Prospect Street Hartford CoT
IiCapital Stock
1 Amount of capital paid up
a Ain cafsl 100000000
2 Amount of ledger assets December 31 of
previous year
4 Extended ar 861323 5
5861323 50
IIIncome
5 Gross premiums
6 Deduct gross amount paid for reinsur
ance fire 45645171 return premiums
fire 53627272 total
4671914 39
992724 43
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividendson
stocks less 457024 accrued interest on
bonds acquired during 1908
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Gross rents from companys property in
eluding 1000000 for companys occu
pancy of its own buildings
15 Total gross interest and rents
45425 op
3433 08
165493 21
4010 91
939 17
12419 58
3679189 96
25 Prom agents balances previously charged off
ZC saleor Mty f ldger
28 Total income
231721 46
93 08
337 50
3911342 00
DisbursemciiTs
s amount paid policyholders for los
including 32966345
occurring in pre
vious years
1436041 reinsurance fire 318995
82 total
2290074 72
333361 25
3 Net amount paid policyholders for losses
1956713 47ComptbollebGtenebals Eepobt
77
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 8218125 and expenses 4665297 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Bents including 10000 for companys occupancy of its
own buildings
10 Advertising 1807257 printing and stationery 34
26096 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage crops assess
ments fees taxes and expenses
17 Inspections and surveys
18 Bepairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes viz Municipal and
county licenses and fees
34 Paid stockholders for interest or dividends
37 Agents balances charged off
38 Gross loss on sale or maturity of ledger assets viz
Bonds
39 Gross decrease by adjustment in book value of ledger
assets viz Real estate
40 Total disbursements
32703 34
789469 09
19121 91
128834 22
180696 89
28789 88
52333 53
17329 96
5731 45
7367 46
8869 79
23908 85
24496 61
13217 27
1580 93
2235 84
63630 46
16307 05
7015 96
142910 00
1090 57
2156 25
187 44
3526698 22

IVLedger Assets
1 Book value of real estate 278800 00
2 Mortgage loans on real estate first liens 923800 00
3 Loans secuired by pledge of bonds stocks
or other collateral 54000 00
4 Book value of bonds 403490555 and
stocks 34116891 total 4376074 46
5 Cash in companys office 230 08
6 Deposits in trust companies and banks not
on interest 13435 47
7 Deposits in trust companies and banks on
interest 402126 74
8 Agents balances representing business
written subsequent to October 1 1908 149075 3378 ComptrollerGenerals Eeport
9 Agents balances representing business
written prior to October 1 1908 3844 74
11 Bills receivable taken for fire risks 44580 46
16 Total ledger assets 6245967 28
NonLedger Assets
17 Interest due 91250 and accrued 11
15133 on mortgages 12063 83
18 Interest due 325000 and accrued 22
72269 on bonds 25972 69
19 Interest accrued on collateral loans 866 80
22 Total 38903 32
25 Other nonledger assets viz Gross pre
miums excluding return premiums 50
500 and reinsurance 34500 in course
of collection not over 3 months due 310000 00
27 Less commission brokerage and other ex
penses thereon 125000 00 185000 00
28 Gross assets 6469870 60
Deduct Assets Xot Admitted
32 Agents balances representing business
written prior to October 1 1908 3844 74
33 Bills receivable past due taken for
marine inland and fire risks 22944 13
35 Book value of ledger assets over market
value viz Bonds and stocks 77 204 46
Tota1 103993 33
38 Total admitted assets 6365877 2J
VLiabilities
1 Gross losses adjusted and unpaid not yet
due Sli43 80
2 Gross claims for losses in process of ad
justment or in suspense including all re
ported and supposed losses 168 201 64
3 Gross claims for losses resisted 62127 78
4 Total 318573 22
5 Deduct reinsurance due or accrued 59397 26
6 Net amount of unpaid losses and claims 259 175 90
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire rissk running one year or lessCompteollebGteneeals Eepoet 79
from date of policy including interest
premiums on perpetual fire risks 1983
67440 unearned premiums fifty per
cent 991837 20
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more thanone
year from date of policy 477354425
unearned premiums pro rata 2598737 20
11 Excess of original premiums over amount
received for reinsurance 1344549 un
earned premiums pro rata 6924 43

12 Total unearned premiums as computed above 3o97498 83
20 Starte county and municipal taxes due or accrued esti
46462 57
mate
27 Total amount of all liabilities except capital 3903137 36
28 Capital actually paid up in cash 1000000 00
29 Surplus over all liabilities 1462739 91
30 Surplus as regards policyholders 2462739 91
31 Total liabilities 6365877 27
Business in the State of Georgia During the Year
23 Gross risks written 147212600 less 223676 risks
canceled net risks written 1248450 00
24 Gross premiums received 256952o less 392374 re
i 91 771 il
turn premiums net premiums received ii oj
25 Losses paid deducting salvage 21070 36
26 Losses incurred 23943 0S
THE CONTINENTAL FIRE INSURANCE COMPANY OP NEW YORK
Henry Evans President J E Lopez E L Ballard Secretaries
Principal Office 46 Cedar St New York N Y
J L Riley Co Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereen l00900i My80
ComptbollebGexebals Repobi
irrrray 35W
for tinfic mortgaged insured
lor 100425 as collateral
68500 00
6 Total value of said mortgaged premises
earned inside
9 Total par and markeVValueof J h 4f000
absolutely bv th n bonds owned
value y COnpany Canied out market
12 Cash in Companys principal office R 16092o 00
13 Cash belonging to the ConL T 16Vl 56
u Company deposited
a banks Central Trust Co N Y 7
10649 Brooklyn Trust Co N Y
r a Mortga Co 5
Y 1948841 Klt National Bank
eago 90 80338 First National Bank
Y 37866180 Merchants Nation
nk N Y 811978 Astor Trust Co
t Bankers Tst
d36577 Nassau Trust Co N Y
022003 total Y
801614 07
Total cash items
rrrii S5SS
inland risks le mare and
Total asstes of the
72161 08
pany h market value 1941
IJILiabilities
2 Gr
oss losses in process of adjustment or in
suspense including aP rerfortpH
posed losses d SUP
3 Losisted includingeetoss
and other expenses thereon
346340 71
34159 00
4 Total gross amount of claims fn i T
5 Deduct reinsurance thereon 384 71
26403 46
CNet amount of unpaid 1
nsscs
354096 25ComptrollerGenerals Eepokt 81
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 374908179 un
earned premiums fifty per cent 1874525 90
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 1018435522 un
earned premiums pro rata 5336891 14
11 Total unearned premiums as computed above carried
7211417 04
out
19 All other demands against the Company absolute and
contingent due and to become due admitted and con
tested viz Reserve for contingencies 250000 State
casualty and municipal taxes due and accrued 125
00000 reinsurance 2453334 total 399533 34
20 Total amount of all liabilities except capital stock scrip
and net surplus7965046 63
21 Joint stock capital actually paid up in cash 1000000 00
do cno 70
22 Scrip outstanding osc
23 Surplus beyond capital and other liabilities 103167o0 48
24 Aggregate amount of all liabilities including capital paid
up and net surplus WfiUm 81
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previus year as
shown by that years statement 987112 70
2 Deduct amount of same not collected 7258 21
3 Net collected 979854 49
4 Gross premiums on risks written and re
newed during the year 7777693 23
5 Total 8757547 72
6 Deduct premiums and bills in course of
collection at this date 852707 73
7 Entire premiums collected during the year 7904839 99
8 Deduct reinsurance and return premiums 1256894 70
9 Net cash actually received for premiums carried out 6647945 29
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 675730 428 ComptrollerGenerals Beport
12 Income received from all other sources omitting increase
if any in value of securities viz Bents 17 205 71
15 Aggregate amount of income actually received during
the year in cash
Expenditures During the Year
1 Gross amount actually paid for losses in
cluding 37602174 losses occurring in
previous years 3452782 04
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years 1590355 and all
amounts actually received ior reinsur
ance in other companies 23368015
total deductions 249589 70
Net amount paid during the year for losses 3 203 192 4
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the vear
45000000
450225 0O
5 Scrip or certificates of profits redeemed in cash and in
terest paid to scripholders gr
6 I aid for commissions or brokerage 1S59201 24
I Paid for salaries fees and other charges of officers clerks
agents and all other employees 7ll4 4lg 4g
8 Paid for state national and local taxes in thisand other
states
a am f 167624 02
J All other payments and expenditures viz Bents 18
54779 advertising printing and stationery 5782356
postage telephone telegraph and express 5939567
miscellaneous 12345991 total 259 226 93
Aggregate amount of actual expenditures during the
vear in cash
6343968 31
Business in the State of Georgia During the Year
Fire risks written 9429628 00
ennums received gross 161318 55
Losses paid
c 94 qoi gi
Losses incurred
100753 46ComptrolleeGenerals Eepobt 83
THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA
John S Bioren President J Parsons Smith Jr Secretary
Home Office Third and Walnut Streets Philadelphia Penna
A V Brooks 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
December 31 of previous year 1855409 70
of 1855409 70
4 Extended at v
IIIncome
5 Gross premiums 212365o ti
Reinsurance fire 267455 66
Return premiums fire 355359 01 622814 67
7 Total premiums other than perpetual1500841 07 1500841 07
8 Deposit premiums written on perpetual risks gross
57 94
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
On bonds acquired during 1908
12 Gross interest oh deposits in trust com
panies and in banks
13 Gross interest from all other sources
14 Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings
7113 85
1196 67
47t39 67
1562 99
2284 37
14981 25
15 Total gross interest and rents
17 Recovered from Home Insurance Com
pany of Baltimore
18 Recovered claim against City Trust Com
pany of Philadelphia
347 10
15 27
26 Gross profit on sale or maturity of ledger assets viz
Bonds 1145420 stocks 634062 total
078 80
362 37
17794 82
28 Total income
1599935 00
IIIDisbursements
1 Gross amount paid policyholders for losses
including 8240821 occurring in pre
vious years 873091 43
2 Deduct amount received for reinsurance
fire 9936762i34438 printing and stationery 1052304
84 ComptrollerGenekals Eeport
3 Net amount paid polieyholders for losses d
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
8 Salaries fees and other charges of offieers
9 Rents including 1000000 for companys occupancyof
its own buildings
10 Advertising
11 Postage telegrams telephone
13 Furniture and fixtures and maps
15 Underwriters boards and tariff associations
mLdeT110m PatTOl and Salvae assesV
ments tees taxes and expenses
17 Inspections and surveys and mercantile reports
18 Repairs and expenses other than taxes on real estaie
J laxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
Local taxes
Corporation tax p9
1873 76
24 Salaries managers and clerks
25 Salaries special agents
26 Expressage and freight
27 Traveling and special agentsexpenses
8 Miscellaneous
37688 79
18776 82
1590 99
13059 25
13486 19
33 Deposit premiums returned
34 Paid stockholders for interest or dividends
H Agents balances charged off
39 lZ T1 n Sal r matrity f led ass Bonds
Gross decrease by adjustment in book value
assets viz Bonds
of ledger
40 Total disbursements
773723 81
12571 66
374520 23
11950 22
12076 32
13867 42
7550 73
4203 52
18855 34
2714 69
1619 73
4573 31
074 00
18170 50
9506 38
4163 76
84602 04
3441 20
60000 00
1510 50
3429 59
486 43
1425611 38
41 Balance
2029733 32
LVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds 105738975 and
Stocks 9453727 total
ash in companys office
7 Deposits in trust companies and banks on
interest
20000000
99600 00
20000 00
1151927 12
7484 34
144394 38ComptrollerGenerals Eeport
85
8 Agents balances representing business
written subsequent to October 1st 1908
9 Agents balances representing business
written prior to October 1 1908 405927 58
13 Cash in hands of special agents 300 00
14 Cash in hands of Philadelphia Underwrit
ers Association 100 00
16 Total ledger assets 2029733 32
NonLedger Assets
17 Interest due and accrued on mortgages 1493 30
18 Interest due and accrued on bonds 13553 76
21 Bents due and accrued on companys
property or lease 625 17
22 Total 15677 23
26 Dividend of August 1908 on shares of Electric Co of
America omitted from Cashline 5 abovebut act
ually received by the company 1250 20
28 Gross assets 2046660 75
Deduct Assets Not Admitted
36 Stocks and bonds 8704 95
38 Total admitted assets 2037955 80
VLiabilities
1 Gross losses adjusted and unpaid 2870 00
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 136068 86
3 Gross claims for losses resisted 2165 00
4 Total 141103 86
5 Deduct reinsurance due or accrued 19080 00
6 Net amount of unpaid losses and claims 122023 86
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks runnong one year or less from date
of policy including interest premiums
on perpetual fire risks 102731243 un
earned premiums fifty per cent 513661 2186
ComptrollerGenerals Keport
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks running more than one year from
date of policy 119837683 unearned
premiums pro rata
658344 03
11 Total unearned premiums as computed above J
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the pre
mium or deposit received
20 Commissions brokerage and other charges due or to be
come due to agents and brokers
1172005 24
126400 82
46236 52
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 400 00
28 Surplus over all liabilities 1 71289 36
29 Surplus as regards policyholders
30 Total liabilities
1466666 44
571289 36
2037955 80
Business in the State of Georgia During the Y
22 Risks written
23 Gross premiums received
24 Losses paid
25 Losses incurred
569309 00
6786 24
646 58
2146 58
DIXIE PIKE INSURANCE COMPANY OF GBEENSBOBO N C
J B Blades President T v
t L W Bockey Secretary
I nneipal Office 125 South Elm Street
J L Biley Atlanta Attorney for Service in Georgia
LCapital
I Whole amount 0 capita stock
Amount paid up in cash
11Assots
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 andbeing
first hens on the fee simple
Interest due on all said bond and mortgage loans
rota par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
500000 00
100000 00
133624 06
7998 24
536550 00ComptrollerGenerals Report 87
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 76500 00
12 Cash in companys principal office 218 55
13 Cash belonging to the company deposited
in bank 148393 76
Total cash items 148612 31
17 Cash in hands of agents and in course of transmission 136084 95
All other assets both real and personal viz Rents due
and accrued 1495 80
Due from other companies for reinsurance on losses al
ready paid 2436 08
Interest due and accrued from banks 2405 12
Special deposit 500 00
Total assets of the company actual cash market value 1144710 76
IIILiabilities
1 Losses due and unpaid adjusted not yet
due 8236 72
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 56636 43
3 Losses resisted including interest costs
and other expenses thereon 3162 50
4 Total gross amount of claims for losses 68035 65
5 Deduct reinsurance thereon 6841 50
6 Net amount of unpaid losses 01194 1
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 64717603 unearned
premiums fifty per cent 323588 02
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 28075742 unearn
ed premiums pro rata 176997 46
11 Total unearned premiums as computed above carried out 5005S5 48
Taxes 2501 05
Total 564340 68
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other lia
bilities 80370 08 580370 08
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1144710 6

Comptroller General s Eeport
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 136 695 69
4 Gross premiums on risks written and re
newed during the year j 231 711 72
Total 1368407 41
6 Deduct premiums and bills in course of col
lection at this date 137 002 41
7 Entire premiums collected during the year 1231405 00
8 Deduct reinsurance and return premiums 431086 28
9 Cash actually received for premiums carried out
11 Received for sale of bonds
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
800318 72
46675 68
8973 12
lu Aggregate amount of income actually received during the
year in cash
855967 52
VExpenditures During theYear
1 Gross amount actually paid for losses in
cluding 7246554 losses occurring in
previous years 610824 85
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years 521919 and all
amounts actually received for reinsur
ance in other companies 10217797
total deductions 107 397
Net amount paid during the year for lossesj
4 Cash dividends actually paid stockholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
9 All other payments and expenditures
Aggregate amount of actual expenditures during the
year in cash
503427 69
40000 00
235427 68
33812 25
68021 80
880689 42ComptbolleeGtenebals Eepoet
89
Business in the State of Georgia During the Year
Fire risks written 2120000 00
Premiums received gross 30974
Losses paid 17196 15
Losses incurred 18766 83

EQUITABLE FIEE INSURANCE COMPANY OF CHARLESTON
David Huguenin President Wm G Mazijck Secretary
Principal Office Equitable Bldg Charleston S C
F H Reynolds Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 120000 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 17000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 6200 00
3 Interest accrued thereon 24 94
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 8000 00
5 Value of buildings mortgaged insured
for 1590000 as collateral 18500 00
6 Total value of said mortgaged premises
carried inside 26500 00
7 Amount of other loans 7000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 198395 00
11 Total amount loaned on stocks bonds and all other secur
ities except mortgages 7000 00
12 Cash in companys principal office 5564 75
13 Cash belonging to the company deposited
in banks viz Hibernia Trust Savings
Bank 89623 Carolina Savings Bank
386012 Exchange Bank Trust Co
81640 Bank of Charleston N B A
587105 Dime Savings Bank 100000
total 12443 80
Total cash items 18008 55
15 Interest due and accrued on stocks not included in mar
ket value uncollected 411 1990 ComptkollekGenekals Beport
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Eents due
and accrued
Cash surrender value policy No 875009 Equitable Life
Assurance Society for 500000 on life of A Bequest
taken for debt charged to profit loss several years ago
Total assets of the company actual cash market value
HILiabilities
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 7 465 02
5 Deduct reinsurance thereon 900 00
6 Net amount of unpaid losses3
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 872377 unearned pre
miums fifty per cent 43618 86
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 8274696 un
earned premiums fifty per cent 43 91 24
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 and brokerage 182659
return premiums 8528 reinsurance premiums 4
59924 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IrIncome During the Tear
1 Cross premiums and hills in course of col
lection at close of last previous year as
shown by that years statement 28132 73
Deduct amount of same not collected 524 97
i Ne1 collected 27607 76
27607 76
67 66
10 25
275740 10
0565 02
87538 10
6511 11
100614 23
120000 00
54371 66
274985 S9ComptrolleeGtenebals Eepoet
91
4 Gross premiums on risks written and re
newed during the year 194619 56
5 Total 222227 32
6 Deduct premiums and bills in course of
collection at this date 27607 76
7 Entire premiums collected during the year 194619 56
8 Deduct reinsurance and return premiums 82031 94
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Eeceived 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 123126
commissions 98250 Equitable Life Assurance Society
policy on life of A Bequest 102500 total
15 Aggregate amount of income actually received during the
year in cash

112587 62
619 85
8470 80
3238 76
124917 03
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 1743600 losses occurring in
previous years 106093 65
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous years 53607 and all
amounts actually received for reinsur
ance in other companies 3430395
total deductions 34840 02
Wet amount paid during the year for losses
4 Cash dividends actually paid stockholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers 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 Advertising
printing and stationery 109437 postage telegrams
and express 63179 furniture and maps 15820 Un
derwriters Board 167072 repairs light water and
fuel 18160 exchange Bradstreet petty cash etc
172391 total
71253 63
7200 00
22148 31
11307 56
6249 25
5460 5992 ComptbollebGeneeals Repobt
10 Depreciation in value of ledger assets 662 12
Aggregate amount of actual expenditures during the year
111 cash 124281 46
Business in the State of Georgia During the Year
Fire marine and inland risks written 663 62 25
Premiums received gross 14 350 69
Losses paid
T 5071 78
Losses incurred
o047 2g
FEDERAL INSURANCE COMPANY OF JERSEY CITY
Percy Chubb President Max Grundner Secretary
Principal Office 1517 Exchange Place
Jas L Riley Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1 000 000 OO
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 30 000 00
3 Interest accrued thereon 125 00
9 Total par and market value Of stocks and bonds owned
absolutely by the company carried out at market
value 1530645 0O
12 Cash in companys principal office 1103 17
13 Cash belonging to the company deposited
in bank viz National City Bank 37
20130 Manhattan Co 274510 Cana
dian Bank of Commerce 12500000
Commercial Trust Co 1704299 Union
National7284420 Equitable Trust Co
12487762 National Bank of Commerce
7388340 total 458594 61
Total cash items 459j697
15 Interest due and accrued on stocks not included in
market value uncollected 24 303 33
17 Cash in hands of agents and in course of transmission 298 008 2
18 Bill receivable not matured taken for fire marine and
risks 330804
All other assets both real and personal 39 955 67
Total assets of the company actual cash market value 2386043 04COMPTEOLLEB GeNEBAL S EEPOET
IIILiabilities
93
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
326199 82
326199 82
56000 00
10
6 Net amount of unpaid losses
i Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 472295 46
Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks 242447 to
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 States taxes 2000000 commissions etc 22
85805 reinsurance premiums 12130510 total
270199 82
372014 86
4938 63
164163 15
20 Total amount of liabilities except capital stock scrip
and net surplus 811306 46
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 574726 58
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2586043 04
IVIncome During the Year
1 Gross premium and bills in
course of collection at
close of last previous
year as shown by that
years statement 25884146
2 Deduct amount of same not
collected 368 58
3 Net collected 258473 88
4 Gross premiums on risks
written andrenewed dur
ing the year 2636781 5594
ComptrollerGenerals Eeport
6 Deduct premiums and bills
in course of collection at
this date
8 Deduct reinsurance and return premiums
298008 22
1648040 27
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 bank
deposit 743776 refund fire agency expense 412535
sale of maps 199552 sale of furniture 27356 total
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
1 Gross amount actually paid
for losses including 309
55945 losses occurring in
previous years
2 Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous years
9558263 and all amts
actually received for rein
surance in other compa
nies 117493717 total
deductions
Fire Marine Inland
15943 28 1745234 04
484 00 1270035 80
Net amount paid during
the year for losses 15459 28 475198 24
4 Cash dividends actually paid stockholders
5 Adjustment expenses
6 Iaid for commissions or brokerage
7 Paid for salaries fees and other charges of officersclerks
agents and all other employees
8 Paid for State national and local taxes in this ami
other States
9 All other payments and expenditures viz Ad
vertising 108027 printing 189010 postage
telegrams etc 3j55113 tracing 113689 legal
expenses 118065 Underwriters Bonds 43950inspec
tions and surveys 3 13094 insurance department fee
691257 49
1490 03
62670 54
13832 19
769251 05
490657 52
60000 00
2003 50
319827 34
10270 71
21432 70CompteollebGenebals Eepoet 95
etc 209566 fire insurance 12256 rent of safe
5000 audit of accounts 76510 miscellaneous 640
loss on foreign and domestic exchange 140627 etc
36858 total 17024 05
Aggregate amount of actual expenditures during the
year in cash 921215 82
Business in the State of Georgia During the Year
Fire marine and inland risks written 61400 00
Premiums received gross 461 88
FIDELITY FIEE INSURANCE COMPANY OF NEW YORK
Home Office 46 Cedar St New York N Y
Henry Evans President J E Lopez E L Ballard Secretaries
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 3008483 07
IIIncome
5 Gross premiums 1938o2 27
6 Deduct gross amount paid for reinsur
ance fire 10849394 return premiums
fire 17859642 total 287090 36
7 Total premiums other than perpetual 906761 91
11 Gross interest on bonds and dividends on
stocks less 500858 accrued interest on
bonds acquired during 1908 115114 47
12 Gross interest on deposits in trust com
panies and banks 4994 36
13 Gross interest from all other sources 4462 70
15 Total gross interest and rents 124571 53
26 Gross profit on sale or maturity of ledger assets viz
Bonds 363400 stocks 6355900 total 67193 00
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 4807600 stock 29688975
344965 75
total
m 1443492 19
28 Total income v 96
ComptrollerGenerals Eeport
HIDisbursemen t s
1 Gross amount paid policyliolders for losses
including 6146309 oeeurring in pre
vious years
2 Deduct amount received for salvage fire
201978 reinsurance fire 4654761
498832 30
48567 39
8
9
10
11
12
13
14
i5
16
17
20
21
22
24
25
26
27
Net amount paid policyliolders for lossesj
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 1282427 and expenses 1037679 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 727907 printing and stationery 556420
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
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes viz Municipal taxes
Mercantile agencies 1109 32
Miscellaneous oqq
Exohanee 1098 18
Subscription to papers 197 99
Total
34 Paul stockholders for interest r dividends amount de
clared during the year 3000000
i7 Agents balances charged off
38 Gross loss on sale or maturity of ledger assetsviz
Stocks
39 Gross decrease by adjustment in book value of ledger
assets viz Bonds 559000 stocks 3582900 total
450264 91
10477 89
187860 21
534 21
23201 06
45969 31
8645 19
12843 27
10676 84
348 63
982 44
6221 13
8184 23
5859 48
2936 25
16682 00
9015 36
5688 27
2664 02
30000 00
214 06
150055 00
41419 00
40 Total disbursements
41 Balance
3030742 76
3421232 50CompteolleeGteneeals Eepoet 97
IVLedger Assets
4 Book value of bonds 65200000 and
stocks 242554000 total 3077540 00
5 Cash in companys office 578 40
7 Deposits in trust companies and banks on
interest 205634 84
8 Agents balances representing business
written subsequent to October 1 1908 137226 14
9 Agents balances irepresenting business
written prior to October 1 1908 253 12
16 Total ledger assets 3421232 50
NonLedger Assets
18 Interest due 747000 and accrued 153333 on bonds 9003 33
25 Other nonledger assets 223300 00
28 Gross assets 3452535 83
Deduct Assets Not Admitted
32 Agents balances representing business written prior to
October 1 1908 253 12
38 Total admitted assets 3452282 71
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense including all re
ported and supposed losses 44184 97
3 Gross claims for losses resisted 3000 00
4 Total 47184 97
5 Deduct reinsurance due or accrued 5305 46
6 Net amount of unpaid losses and claims 41879 51
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 612
47954 unearned premiums fifty per
cent 306239 77
8 Gross premiums less reinsurance re
ceived and receivable upon all un ex
pired fire risks running more than one
year from date of policy 78099644
unearned premiums pro rat a 496753 95
98
ComptrollerGenerals Beport
12 Total unearned premiums as computed above
20 State county and municipal taxes due or accrued
22 Reinsurance premiums
802993 72
20000 00
7739 67
27 Total amount of all liabilities except capital
28 Capital actually paid up in cash 1000000 00
29 Surplus over all liabilities 1579 669 81
30 Surplus as regards policyholders
872612 90
2579669 SI
31 Total liabilities 3 42 282 71
FIRE ASSOCIATION OF PHILADELPHIA PENNSYLVANIA
E C Irwin President M G Garrigues Secretary
Principal Office 407 and 409 Walnut St Philadelphia Penn
W E Chapin Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
750000 00
750000 00
11Assets
1 Market value of real estate owned by the company less
the amount of incumbrances theTeon 333 qqq qq
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1 751 529 99
3 Interest due on all said bond and mortgage loans 6
05245 interest accrued thereon 2371191 total 29764 36
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
vaJue 4036909 50
11 Total amount loaned on stocks bonds and all other se
curities except mortgages132750 OO
12 Cash in companys principal office 8672 46
13 Cash belonging to the company deposited
in banks viz Fidelity Trust Co
Philadelphia 765774 Merchants Na
tional Bank Philadelphia 22433093
Girard National Bank Philadelphia
Pa 12262295 Union National Bank
Philadelphia 11709373 Common
wealth Philadelphia Pa 884529
total
480550 64
Total cash items
489232 1015
16
17
ComptrollerGenerals Report
Interest due and accrued on stocks not included in mar
ket value uncollected
Interest due and accrued on collateral loans and uneol
Oieeted
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued 198467 due from other companies for
insurance on losses already paid 149073 total
Total assets of the company actual cash market value
IIILiabilities
99
43662 88
547 42
632947 96
3475 40
8097410 61
Losses due and unpaid
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
Losses resisted including interest costs
and other expenses thereon
156772 28
194333 78
46121 61
Total gross amount of claims for losses 397227 67
Deduct reinsurance thereon 76305 24
Net amount of unpaid losses
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 1391692 06
Gross premiums without any deduction
received and receivable upon all unex
pired fire Tisks running more than one
year from date of policy 1898364 53
Amount reclaimable on perpetual insur
ance 1688927 11
320922 4S
11
19
20
21
23
24
Total unearned premiums as computed above carried
out
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Accrued taxes
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
4978983 70
27662 00
5327568 13
750000 00
2019842 48
iflOO Comptroller Generals Refort
1 VIncome 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 636082 12
3 Net collected 63608 lg
4 Gross premiums on risks written and re
newed during the year 5419750 83
5 Tlta1 6055832 95
6 Deduct premiums and bills in course of
collection at this date 632 947 96
7 Entire premiums collected during the
year 5422884 99
8 Deduct reinsurance and return premiums 1395972 76
9 Net cash actually received for premiums carried out 4026912 3
10 Received for interest on bonds and mortgages 9i367 69
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 233 911 42
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 2040095
perpetual and life 6805 total 20 469 00
15 Aggregate amnut of income actually received during the
yeM in Cash 4372660 34
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 38975271 losses occurring in
previous years 2675654 52
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2625363 and all
amounts actually received for reinsur
i in oilier companies 31575762
total deductions 342 qh 95
Net amount paid during the year for loans 2333 643 27
4 ash divide1Is actually paid stockholders WoOO 00
6 Paul for commissions or brokerage l0ue 46
T raid for salaries fees and other charges of officers
clerks agents and all other employees 296 669 4
8 Paid for State national and local taxes in this and other
States
93 cjop 3p
9 All other payments and expenditures HQZ 62
Aggregate amount of actual expenditures during the year
in cash
4212283 16ComptrollerGenerals Bepobt 101
Business in the State of Georgia During the Year 1909
Fire marine and inland risks written 5629346 00
Premiums received gross 82468 70
T 73025 99
Losses paid
Losses incurred 74743 5o
FIREMANS FUND INSURANCE COMPANY OF SAN FRANCISCO
CALIFORNIA
Wm J Dutton President Louis Weinmann Secretary
Principal Office 401 California St San Francisco Cal
Edgar S Wilson Maeon Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1600000 00
2 Amount paid up in cash 1600000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 566110 50
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 283980 00
3 Interest due on nil said bond and mortgage loans 26409
interest accrued thereon 158919 total L8u3 28
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 783660 00
5 Value of buildings mortgaged insured for
9980000 as collateral 313720 00
6 Total value of said mortgaged premises
carried inside 1097380 00
7 Amount of other loans 169950 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 401166650
11 Total amount loaned on stocks bonds and all other
securities except mortgages 1699o0 00
12 Cash in companys principal office 8321 87
13 Cash belonging to the company deposited
in bank 483275 24
Total cash items 491597 11
15 Interest due and accrued on stocks not included in mar
ket value uncolleoted 53182 81
16 Interest due and accrued on collateral loans and uncol
715 26
lected
17 Cash in hands of agents and in course of transmission 80084 9
V102
ComptkollebGenebal s Eepobi
18 Bill receivable not matured taken for fire marine and
inlamd risks
All other assets both real and personal viz Reinsurance
due on losses paid 9080 in hands of London corres
pondents for convenient settlement of marine losses
payable in England 3878845 total
33492 95
38878 53
Total assets of the company actual cash market value 6452211 73
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 524 131 27
3 Losses resisted including interest costs
and other expenses thereon 41 468 21
4 Total gross amount of claims for losses 565599 48
5 Deduct reinsurance thereon 147 113 04
6 Net amount of unpaid losses 413 4gg 44
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 214160304 un
earned premiums fifty per cent 1070801 51
8 Gross premiums without any deduction
received and receivable upon all unex
pired tire risks running more than one
year from date of policy 286309349
unearned premiums pro rata 1517187 67
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired time
and automobile risks 66905173 un
earned premiums titty per cent 334525 86
10 iross premiums without any deduction
received and receivable on all unexpired
marine risks 19j386 47
11 Total unearned premiums as computed above carried
out 2 941 901 51
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses commissions
brokerage etc 18015695 salaries rents expenses
lulls accounts fees etc due or accrued 750000 total 187656 95
19 All her demands against the company absolute and cnn
K11 dM 1 t Ime due admitted and contested
viz Estimated amount due Firemans Fund Insurance
20
21
23
24
ComptrollerGenerals Kepoet 103
Co on outstanding marine losses 902770 State
county and municipal taxes 8550000 total 94500 00
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in
eash i60oooo oo
Surplus beyond capital and all other
liabilities 1209639 13
3642572 60
Total surplus and joint capital stock 2809639 13
Aggregate amount of all liabilities including capital
paid up and net surplus 6452211 73
IVIncome During the Year
Fire Marine Inland
Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
yearis statement 610952 05 175544 07
Net collected 610952 05 175544 07
Gross premiums on irisks
written and renewed dur
ing the year 4228172 04 2685409 93
Total 4839124 09 2860954 00
Deduct premiums and bills
in course of collection at
this date 664668 58 189425 39
Entire premiums collected
during the year 4174455 51 2671528 61
Deduct reinsurance and re
turn premiums 1184594 08 1511720 98
10
11
12
15
Xct cash actually received
for premiums carried
out 2989861 43 1159807 63 4149669 06
Received for interest on bonds and mortgages 17879 24
Received for interests and dividends on stock and bonds
collateral loans and from all other sources 191886 42
Income received from all other sources omitting increase
if any in value of securities
37050 89
Aggregate amount of income actually received during the
v 4396485 61
year in eash 104
ComptrollerGenerals Report
VExpenditures During the Year
Kre Marine Inland
1 Gross amount actually paid
for losses including
33437557 losses occur
ring in previousyears 1941330 58 13X16996 62
2 Deduct all amounts actu
ally received for salvages
whether on losses of the
last otr of previous year
4460390 and all
amounts actually received
for reinsurance in other
companies 87941221
total deductions 297428 74 626 587 43
Net amount paid during
the year for losses 164390184 680409 19 232431103
Expenses of adjustment and settlement of losses 43s39 49
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 160000 00
6 Paid for commissions or brokerage 70873113
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 705 786 68
8 Paid for State national and local taxes in this and other
Q 41faeS 113136 02
9 All other payments and expenidtures viz Subscriptions
207682 charity and donations 161060 profit and
loss on agents accounts 28465 traveling expenses
oilier than special and general agents 250947 loss on
sale of bonds 220000 total 8 681 54
Aggregate amount of actual expenditures during the year
hl ash 4064485 89
Business in the State of Georgia During the Year 1909
Fire marine and inland risks written 10196940 00
Premiums received gross n 46
Losses paid
68615 43
Losses incurred r
63o4 77ComptrollerGenerals Report
105

FIREMENS FIRE INSURANCE COMPANY OF NEWARK N J
Daniel H Dunham President A H Hassinger Secretary
Principal Office 784 and 786 Broad St Newark N J
James L Riley Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 108997 06
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 2367925 00
3 Interest due on all said bond and mortgage loans 93800
interest accrued thereon 3056650 total 31504 50
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 17615 25
5 Value of buildings mortgaged insured
for 27473 00 as collateral 36834 50
6 Total value of said mortgaged premises
carried inside 54449 75
9 Total par and market value of stocks and bonds owned
absolutely by the company and carried out at market
value 2240676 00
12 Cash in companys principal office 1981 70
13 Cash belonging to the company deposited
in National Newark Banking Co 63253 55
Total cash items 65235 25
17 Gash in hands of agents and in course of transmission 232942 39
All other assets both real and personal viz Bents due
and accrued 29000 due from other companies for
reinsurance on losses already paid Munich Reinsurance
Co 349185 St Paul F M 83715 German of Lee
71006 New Hampshire 912 Contordia 571 total 5343 89
Total assets of the company actual cash market value 5052624 09
IIILiabilities
1 Losses due and unpaid 24192 24
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 104105 53

8ins106
Comptroller General s Refobt
Losses resisted including interest costs
and other expenses thereon
12044 11
Total gross amount of claims for losses 140342 48
Deduct reinsurance thereon 8863 75
Net amount of unpaid losses 131478 73
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 115175988 un
earned premiums fifty per cent 575879 94
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 199671946
unearned premiums pro rata 1087490 19
11
19
20
21
22
23
24
Total unearned premiums as computed above carried
out
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes accrued
1663370 13
18291 03
Total amount of all liabilities except capital stock scrip
and net surplus 1813139 89
Joint stock capital actually paid up in cash 1000000 00
Scrip outstanding 2 359 89
Surplus beyond capital and all other liabilities 2237124 31
Aggregate amount of all liabilities including capital paid
up and net surplus 5052624 09
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
377855 79
Net collected 377855 79
Gross premiums on risks written and re
newed during the year 2168258 21
Total 2546114 00
Deduct premiums and bills in course of
collection at this date 404124 63
Entire premiums collected during the year 2141989 37
Deduct reinsurance and return premiums 471873 26ComptrollerGenerals Eeport
107
9 Net cash actually received for premiums carried out 1670116 11
10 Received for interest on bonds and mortgages 114461 82
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 103412 74
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1235360
interest on deposits 66027 total 13013 87
15 Aggregate amount of income actually received during the
year in cash 1901004 54
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 9280065 losses occurring in
previous years 1002854 31
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 285430 and all
amounts actually received for reinsur
ance in other companies 7550023
total deductions 78854 53
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
5 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Agency ex
penses 5807679 adjustment expenses 1480150
real estate repairs and expenses 101245 loss on
agents accounts 3236 total
10 American branches of foreign companies will please re
port amount sent to home office during the year pre
miums on stocks and bonds purchased
924499 78
180000 00
422656 33
70334 23
52850 46
73923 00
2475 00
Aggregate amount of actual expenditures during the year
in cash 1726738 90
Business in the State of Georgia During the Year 1909
Tire marine and inland risks written 1945026 00
Premiums received gross 24829 19
Losses paid 15613 67
Losses incurred 15651 13108 ComptrollerGenerals Eeport
florida home fire insurance company of marianna fla
John H Carter President H P Mulkey Secretary
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200 000 00
2 Amount paid up in cash 134500 00
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon 29000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
valu 137910 00
11 Total amount loaned on stocks bonds and all other
securities except mortgages 1 462 23
12 Cash in companys principal office 4788 54
13 Cash belonging to the company deposited
in banks viz North Georgia National
Bank Blue Ridge Ga certificate of de
posit 1050000 North Georgia Trust
Company Blue Ridge Ga 1969468
First National Bank Mariann Fla
42106 First National Bank Quincy
Fla 501062 First National Bajnk
Chipley Fla i519 John II Carter
Co Marianna Fla 1101100 Hanover
National Bank New York N Y 163
88 Mercantile Trust Company Jersey
City N J certificate of deposit
130000 Citizens State Bank Marian
na Fla 558557 total 55182 30
Total cash items 59 979 4
15 Interest due and accrued on stocks not included in mar
ket value uncolleeted 2 410 66
17 Cash in hands of agents and in course of transmission 33285 23
All other assets both real and personal viz Rents due
and accrued 22132 furniture fixtures and maps
740890 total 7 630 22
Total assets of the company actual cash market value 271669 18
illLiabilities
1 Losses due and unpaid 1634154ComptrollerGenerals Keport
109

Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 11535 87
Losses resisted including interest costs
and other expenses thereon 6508 56
Total gross amount of claims for losses 34385 97
Deduct reinsurance thereon 1210 12
Net amount of unpaid losses
Gross Premiums without any deduction
received and receivable upon all un ex
pired fire risks running one year or less
from date of policy 12612215 un
earned premiums fifty per cent 63061 08
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 2312545 un
earned premiums pro rata 15805 30
11 Total unearned premiums
20
21
23
24
1
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
Net collected V 20028 m
Gross premiums on risks written and re
newed during the year 247621 94
Total 267650 80
Deduct premiums and bills in course of
collection at this date 33285 23
Entire premiums collected during the
year 234365 57
Deduct reinsurance and return premiums 91518 10
33175 85
78866 38
112042 23
134500 00
25126 95
Aggregate amount of all liabilities including capital paid
up and net surplus 271669 IS
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 20028 86
9 Net cash actually received for premiums carried out 142847 47
HMM110
ComptrollerGenerals Keport
10 Received for interest on bonds and mortgages
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 221632
interest on deposit 11118 interest and discount
29278 paid in for reinsurance reserve account
4295000 commission on reinsurance 289228 profit
on sale ledger assets 24000 total
13 Received for increase capital 1450000 for surplus
362500 total
15 Aggregate amount of income actually received during the
year in cash
3855 00
48702 56
18125 00
213530 03
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 1525333 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in
other companies
94433 16
989 45
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 Adjusting
expenses 209643 agents miscellaneous expenses
65926 company rent 38400 advertising and print
ing 410249 postage express telegraph 147271
legal expenses 48993 Underwriters associations
94338 fire patrol and salvage corporations 6298
real estate repairs 17731 home office expenses
230437 all other disbursements 43172 total
93443 71
7200 00
28380 60
17170 10
7179 30
13125 08
Aggregate amount of actual expenditures during the year
in Cash 166498 79
Business in the State of Georgia During the Year 1909
Fire marine and inland risks written 675 504 00
Premiums received gross
T 1344 lo
Losses paid
T 3837 18
Losses incurred
4203 50ComptrollerGenerals Beport
111

GEORGIA HOME FIRE INSURANCE COMPANY OP COLUMBUS GA
Rhodes Browne President Win C Coart Secretary
Principal Office 1046 Broad St Columbus Ga
W P Pattillo Atlanta 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 00
2Loans on bond and mortgage duly recorded and being
first liens on the fee simple 142843 50
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 259250 00
5 Value of buildings mortgaged insured for
17491000 ais collateral 241100 00
6 Total value of said mortgaged premises
carried inside 500350 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 639907 80
11 Total amount loaned on stocks bonds and all other
securities except mortgages 39250 00
12 Cash in companys principal office 2067 52
13 Cash belonging to the company deposited
in banks viz National Bank of Colum
bus Ga 1875770 Home Savings Bank
Columbus Ga 6098484 Lowry Nat
ional Bank Atlanta Ga 110691 Lib
erty National Bank N Y 577088
total 95620 33
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
Russia Insurance Co St Petersburg Russia 516247
rent notes and loans on personal security endorsed or
not 2673792 open ledger accounts 198886 total
97687 85
143731 79
33889 25
Total assets of the company actual cash market value 1112
ComptrollerGenerals Report
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and ether expenses thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 50218840 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 02606371
unearned premiums pro rata
85334 74
15259 00
4 Total gross amount of claims for losses 100593 74
5 Deduct reinsurance thereon 24101 37
76492 37
251094 20
342270 66
11 Total unearned premiums as computed above carried out
16 Cash dividends to stockholders remaining unpaid
18 Amount of borrowed money
20 Total amount of all liabilities except capita stock scrip
and net surplus
81 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
593364 86
180 00
30000 00
700037 23
300000 00
221272 96
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1224310 19
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
145938 62
3 Net collected 145938 62
4 Gross premiums on risks written and re
newed during the year 1064322 59
5 Total 1210261 21
6 Deduct premiums and bills in course of
collection at this date 143731 79
7 Entire premiums collected during the year 1066529 42
8 Deduct reinsurance and return premiums 377067 02ComptrollerGenerals Report
113

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
the
689462 40
16628 44
28669 26
42462 42
15 Aggregate amount of income actually received during
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 4306270 losses occurring in
previous years 438946 76
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 5695330 total de
ductions
777222 52
56953 30
NeJ amount paid during the year for losses 381993 46
4 Gash dividends actually paid stockholders amount of
stockholders dividends declared during the year 30000 00
6 Paid for commissions or brokerage 141556
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 111057 26
8 Paid for State national and local taxes in this and other
37611 24
States
9 All other payments and expenditures viz Advertising
printing stationery legal expenses
11009 87
Aggregate amount of actual expenditures during the
gS B 713228 19
year in cash
Business in the State of Georgia During the Year 1909
Pire marine and inland risks written gse 22
Premiums received gross 30704 13
Lowes paid Q7
Losses incurred

GEORGIA FIRE INSURANCE COMPANY OP POLK COUNTY GA
Wm J Harris President I better Secretary
Principal Office 722 Candler Building Atlanta Ga
C G Janes Cedartown Ga Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 100000 00
2 Amount paid up in cash14739 00
17814 00
6097 60
648 00
114 ComptbollebGenebals Report
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 100 000 00
3 Interest due on all said bond and mortgage loans
242643 interest accrued thereon 209641 total 4522 84
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 143850 00
5 Value of buildings mortgaged insured
for 3170000 as collateral 81475 00
6 Total value of said mortgaged premises
carried inside 225325 00
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 depqsited in banks viz
Central Bank Trust Co Atlanta Ga 30092
Farmers Mechanics 1edartown Ga 1751308 total
cash items
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Personal
loan20000 furniture and fixtures 43200 accrued
interest on personal loan 1600 total
Total assets of the company actual cash market value 143821 44
IIILiabilities
1 Losses due and unpaid 889 22
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 8175 00
4 Total gross amount of claims for losses 9064 22
5 Deduct reinsurance thereon 1 000 00
6 Net amount of unpaid losses 8 04 22
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 3586846 unearn
ed premiums fifty per cent 12934 23
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1932559
unearned premuims pro rata 14929 85
11 Total unearned premiums as computed above carried
out 27864 08

ComptrollerGenerals Eeport 115
20 Total amount of all liabilities except capital stock scrip
and net surplus 35928 30
21 Joint stock capital actually paid up in cash 100000 00
23 Surplus beyond capital and all other liabilities 7893 14
24 Aggregate amount of all liabilities including capital paid
up and net surplus 13821 44
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 53973 85
8 Deduct reinsurance 663666 and return
premiums 561056 total 12247 22
9 Net cash actually received for premiums carried out 41726 63
10 Received for interest on bonds and mortgages 1849 58
15 Aggregate amount of income actually received during the
year in cash 43576 21
VExpenditures During the Year
1 Gross amount actually paid for losses 11365 13
2 Deduct all amounts actually received for
reinsurance in other companies 1097 33
Set amount paid during the year for losses 10267 80
6 Paid for commissions or brokerage 5388 31
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 5195 62
8 Paid for State national and local taxes in this and other
States i15683
9 All other payments and expenditures viz Rent 15773
printing and supplies 128646 postage telegrams and
express 46033 legal expenses 23000 maps 10925
miscellaneous items 241735 agents account off
8969 total 284629
Asrereeate amount of actual expenditures during the year
26759 37
in cash
Business in the State of Georgia During the Year
Fire marine and inland risks written 2585557 00
Premiums received gross cn
1026 o
Lo88M Paid 18332 02
Losses incurred 116 ComptbollebGtenebals Repoet
THE GERMAN AMERICAN INSURANCE COMPANY OF NEW YORK
Ym N Kremer President Charles G Smith Secretary
Principal Office No 1 Liberty St New York
W L Reynolds Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 150o000 00
2 Amount paid up in cash 1500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon i 650 133 51
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 161000 00
3 Interest accrued on all said bond and mortgage loans 3420 83
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 96000 00
5 Value of lands mortgaged insured for
15800000 as collateral 154000 00
6 Total value of said mortgaged premises
carried inside 250000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company and carried out at market
1Q IUe 11035981 00
J ash in companys principal office 4517 57
13 Cash belonging to the company deposited
i banks viz National Hank of Com
meive New York City 31677268 n
iional City Hank New York City 2
06722 Citizens Central National Bank
New York City 2141023 German Am
erican Bank New York City 2119749
New York Trust Co New York City
15684424 Title Guarantee Trust
Co New York City 12632344 Do
minion Rank of Toronto Canada 17
67595 American Trust Saving Bank
of Chicago 111 4847603 Se aboard
NatT Bank of San Francisco Cal 20
53166 total 731298 94
Total casli items
J5 interest due and accrued on stocks not included in mar
ket value uncollected1 23 Q0
16 Interest due and accrued on bank balances 2 127 66CompteolleeGenebals Kepoet
117
17 Cash in hands of agents and in course of transmission
142356484 over 3 mos due 2444090 net 1399123 94
Total assets of the company actual cash market value 15027156 45
IIILiabilities
1 Losses not yet due
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed lasses
3 Losses resisted including interest costs
and other expenses thereon
74872 00
667570 00
100957 00
4 Total gross amount of claims for losses 843399 00
5 Deduct reinsurance thereon 233354 76
6 Net amount of unpaid losses 610044 24
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
from date of policy 462919157 un
earned premiums fifty per cent 2314595 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 835135565
unearned premiums pro rata 4381113 69
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries Tent advertising and tor
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reserve for accrued taxes
return premiums
12500000
73169 reinsurance premiums
32821275 commissions 27179452 total
6695709 4
23310 14
730738 96
8059802 82
1500000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities 5407353 M
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 146 118
ComptbolleeGenebals Eepoei
3 Net collected 1462206 34
4 bross premiums on risks written and re
newed during the yew 11254331 38
12716537 72
5 Total
6 Deduct premiums and bills in course
collection at this date 1 423 564 84
7 Entire premiums collected during the
year
11292972 88
8 Deduct reinsurance and return premiums 4417550 50
9 Net cash actually received for premiums carried out U
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 m value of securities viz Rents 51680 82
Merchants Trust Co Receivers Dividend 225000
profit on sale of securities 523428 agents balances
previously charged to profit and loss 64551 total
6875422 38
9333 42
517448 70
59810 61
15 Aggregate amount of income actually received during the
year in cash
vExpenditures During the Year
1 Cross amount actually paid for losses in
cluding 80992971 losses occurring in
previous years 5066326 23
2 Deduct all amounts actually received fat
salvages whether on losses of the last
or of previous year 3846469 and all
amounts actually received for reinsur
ance in other companies 131213205
total deductions
7462015 11
Net amount paid during the year for
losses
Expenses of adjustment and settlement
of losses
1350596 74
3715729 49
95536 H2
Total
I 3811265 51
4 nsh dividends actually paid stockholders amount of
stockholders dividends declared during the year 450000 00
6 Paid for commissions on brokerage 1 288 292 95
fUd tor salaries fees and other charges of officers
Herks agents and all other employees 379609 40
8 Laid for State national and local taxes in this and other
States
181898 16ComptrollerGenerals Report 119
9 All other payments and expenditures viz Rent adver
tising printing stationery taxes and repairs on real
estate Underwriters Boards surveys maps and legal
expenses
Aggregate amount of actual expenditures during the year
ss 6 67o0o89 8s
in cash
Business in the State of Georgia During the Year
Fire marine and inland risks written 7 n8o97 46
Premiums received gross 9726 99
Losses paid 97349 80
Losses incurred
GERMAN ALLIANCE INSURANCE COMPANY OE NEW YORK N Y
William N Kremer President Charles G Smith Secretary
Principal Office 1 Liberty St
W L Reynolds Atlanta Attorney for Serviec in Georgia
ICapital
i 4v 400000 00
1 Whole amount of capital stock
2 Amount paid up in cash 400000 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple qq
3 Interest accrued thereon
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
6 Total value of said mortgaged premises
j 91000 00
carried inside
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1220183 00
13 Cash belonging to the company deposited in bank viz
Citizens Central National Bank New York 41dl4 w
15 Interest due and accrued on stocks not included in mar
n i j 4579 00
ket value uncollected
All other assets both real and personal viz Uncollected
1457o2 id
premiums
Total assets of the company actual cash market value 14702C218120 Comptroller Generals Report
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 225 128 96
3 Losses resisted including interest costs
and other expenses thereon 21 300 00
4 Total gross amount of claims for losses 246428 96
5 Deduct reinsurance thereon jqq 821 00
6 Net amount of unpaid losses 76 607 96
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 42173127 unearned pre
miums fifty per cent 210865 63
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 40856715
unearned premiums pro rata 215489 85
11 Total unearned premiums as computed above carried
0ut 426354 68
17 Due and accrued for salaries rent advertising and for
other miscellaneous expenses 40 306 41
19 All other demands against the company absolute and con
tingent duo and to become due admitted and contested
viz State county and municipal taxes due or accrued 10000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus mm Q5
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 516933 13
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1j470j202 lg
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 140440 82
3 Net collected 140440 83ComptbollebGeneeaes Kepoet 121
4 Gross premiums on risks written and re
newed during the year 2842285 45
5 Total 2982726 27
6 Deduct premiums and bills in course of
collection at this date 145752 76
7 Entire premiums collected during the year 2836973 ol
8 Deduct reinsurance and return premiums 2284176 30
9 Net cash actually received for premiums carried out 552797 21
10 Received for interest on bonds and mortgages 2780 00
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 47625 91
15 Aggregate amount of income actually received during
the year in cash 603203 12
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 20009490 losses occurring in
previous years 1126795 75
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 393705 and all
amounts actually received for reinsur
ance in other companies 79834848
total deductions 802285 53
Net amount paid during the yearfor losses 324510 22
4 Cash dividends actually paid stockholders 48000 00
6 Paid for commissions or brokerage 150888 44
7 Paid for salaries fees and other charges of officersclerks
agents and all other employees 4665 07
8 Paid for State national and local taxes in this and other
States 16289 IS
9 All other payments and expenditures viz Loss on sale
of ledger assetsbonds 3925 00
Aggregate amount of actual expenditures during the year
in cash 548277 91
Business in the State of Georgia During the Year
Fire marine and inland risks written 1423500 00
Premiums received gross 25258 33
Losses paid 15219 86
Losses incurred 14830 80
9ins122 ComptbollebGeneeals Repobt
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK X Y
Hugo Schumann President Gustav Kehr Secretary
Principal Office 62 William St
S C Williams Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
ITAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 750000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 315000 00
3 Interest accrued thereon 6087 06
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 303S00 00
5 Value of buildings mortgaged insured for
30350000 as collateral 396700 00
6 Total value of said mortgaged premises
carried inside 700500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 364112 75
12 Cash in companys principal office 7090 67
13 Cash belonging to the company deposited
in banks viz German American Bank
New York National Park Bank New
Yoik Gormania Bank New York N Y
Life Insurance Trust Co N Y First
National Bank of Ills Chicago 663191 17
Total cash items N 670281 84
15 Interest due and accrued on stocks not included in mar
ket value uncolleeted 20 918 22
17 Cash in hands of agents and in course of transmission 4731V 95
All other assets both real and personal viz Bents 166 66
TotaI 5877451 38
Less balances over three inont lis due 3 435 38
Total assets of the company actual cash market value 5874016 00
111Liabilil Les
1 Losses due and unpaid 99 355 74ComptrollerGenerals Eeport
123
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
114727 58
4000 00
218083 32
40662 39
6 Net amount of unpaid losses 177420 93
7 Gross premiums without any reduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 160134459 unearned
premiums fifty per cent 800672 30
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 453488671 un
earned premiums pro rata 2354755 61
11 Total unearned premiums as computed above carried
out 3155427 91
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous purposes 5967 63
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Due reinsurance companies 25757
20
20 Total amount of all liabilities except capital stock scrip
and net surplus 3364573 67
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1509442 33
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5874016 00
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 423469 99
3 Net collected 428469 99
4 Gross premiums on risks written and re
newed during the year 3653351 35
5 Total 4081821 34124 ComptrollerGenebals Eepoet
6 Deduct premiums and bills in course of col
lection at this date 473 433 95
7 Entire premiums collected during the year 3608337 39
8 Deduct reinsurance and return premiums 795228 81
9 Net cash actually received for premiums carried out 2813108 58
10 Received for interest on bonds and mortgages 13256 44
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 186013 60
12 Income received from all other sources omitting increase
if any in value of securities viz Increase in balance
held for reinsurance companies 10 825 46
15 Aggregate amount of income actually received during
the year in cash 3023204 08
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 17625719 losses occurring in
previous years 1748420 01
2 Deduct all amounts actually received for
salvages whether on losses of the last
or previous year 454274 and nil
amounts actually received for reinsur
ance in other companies 24117419
total deductions 245716 93
Net amount paid during the year for losses 3502703 08
4 Cash dividends actually paid stockholders 120 000 00
6 Paid for commissions or brokerage 748 309 53
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 195 739 50
8 Paid for State national and local taxes in this andother
States 84546 27
9 All other payments and expenditures viz Advertising
board exchange patrol legal and office expenses pos
tage and express surveys and traveling expenses 144
59653 furniture and map items 1083459 profit and
loss 3953790 total 199969 07
Aggregate amount of actual expenditures during the
Var in eash 2851267 45
Business in the State of Georgia During the Year
Fire marine and inland risks written 3462076 00
Premiums received gross 53939
LossesPai 2567482
Losses incurred 27816 28ComptrollerGenerals Report
125
GIRARD FIRE INSURANCE COMPANY OF PHILADELPHIA
Henry M Gratz President Edwin F Merrill Secretary
Principal Office 631 Chestnut St
Jno A Whitner Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest accrued thereon
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 securi
ties except mortgages
12 Cash in companys principal office 1699 71
13 Cash belonging to the company deposited
in banks viz American Trust Sav
ings Chicago 1759854 Philadelphia
National Philadelphia 5867341 Land
Title Trust Philadelphia 492545
Continental Trust Philadelphia 77861
German American Trust Philadelphia
80153 Merchants Trust Co Philadel
phia 49257 total 83270 11
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
unpaid premiums not over three months old
All other assets both real and personal viz Deposit
Philadelphia Underwriters Association 10000 Perpet
policies of Union Insurance of Girard policies 402307
insurance on companys real estate 75300 total
500000 00
275750 00
227400 00
2770 63
119420 00
Total assets of the company actual cash market value
84969 82
18018 93
974 46
125987 17
4876 07
2365624 58
126
ComptbolleeGenekals Repoet
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
ami other expenses thereon
56660 00
5033 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
61693 00
10210 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 49703538 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 100863950
unearned premiums pro rata
51483 00
248517 69
553918 23
11 Total unearned premiums as computed 90 per cent of
Perpetual premiums
17 Duo and accrued for salaries rent advertising andfor
agency and other miscellaneous expenses
20 Total amount of all liabilities except capital etcok scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital ami all other liabilities
637586 30
4500 00
1496005 22
500000 00
369619 36
21 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of ml
lection at close of last previous year as
Shown by that years statement 131926 35
Net collected
I Gross premiums on risks written and re
nouril during the vear
2365624 58
131926 35
1171567 08
5 Total j
6 Deduct premiums and bills in course of
collection at this date
130349 i
125987 17
7 Entire premiums collected durin
vear
g the
11 7751 Mi 26ComptrollerGenerals Report
127
8 Deduct reinsurance and return premiums 386720 ol
9 Net cash actually received far premiums carried out 790785 75
10Received for interest on bonds and mortgages 14596 oo
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 69567 42
12 Income received from all other sources omitting increase
if any in value of securities 17176 o
21 657 16
Perpetual premiums net
15 Aggregate amount of income actually received during the
ss s 913783 44
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 4021705 losses occurring ii
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 190573 and all
amounts actually received for reinsur
ance in other companies 7669086
total deductions
449573 34
78596 59
Net amount paid during the year for losses 370976 to
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100000 00
6 Paid for commissions or brokerage 200136 8
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 AH other payments and expenditures viz Rents 11
483 03 printing stationery and advertising 10799
83 postage and telegrams 196010 maps 541029
tariff fire department and patrol 736477 real estate
expenses 815157 miscellaneous 338940 total
10 Perpetual return premiums
Aggregate amount of actual expenditures during the year
86236 59
31229 09
48558 99
27738 22
in cash
Business in the State of Georgia During the Year
864876 48
Fire risks written
Premiums received gross
Losses paid
Losses incurred
877578 00
19492 94
9327 62
10193 62128 ComptrollerGenerals Eeport
GLENS FALLS INSURANCE COMPANY OF GLENS FALLS N Y
J L Cunningham President
Principal Office Corner Glen and Bay Streets
A L Brooks Atlanta Attorney for Servi
E W West Secretary
ice in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
IEAssets
200000 00
1 Market value of real estate owned by the company less
the amount of ineumirjrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1241596 00
6 Interest due on all said bond and mortgage loans 2
33801 interest accrued thereon 266628 total
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 1004 49
13 Cash belonging to the company deposited
m bank 392647 23
39885 23
5004 29
2833500 00
3000 00
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
393651 72
16380 00
216192 61
Total assets of the company actual cash market value 4749209 85
IIILiabilities
1 Losses not yet due
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
Losses resisted including interest costs
and other expenses thereon
16129 01
87971 44
10734 00
I Total gross amount of claims for losses 114831 11
5 1 educt reinsurance thereon iq 471 44
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unes
pired fire risks running one year or less
104363 01ComptrollerGenerals Report 129
from date of policy 94567757 un
earned premiums fifty per cent 472838 78
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 284506425
unearned premiums pro rata 1509234 02
11 Total unearned premiums as computed above carried
v 1982072 80
out
18 Reserved for dividend 170000 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due or
accrued 3000000 commissions brokerage and other
charges due or to become due agts or brokers 15000 45000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 01435 81
21 Joint stock capital actually paid up in cash 200000 00
22 iSurplus over all liabilities 2247774 04
23 Surplus as regards polieyholders 2447774 04
24 Total liabilities 4749209 85
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 2318204 61
8 Deduct reinsurance and return premiums 500754 86
9 Net cash actually received for premiums carried out 1817449 75
10 Received for interest on bonds and mortgages 56937 07
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources less 3
24421 accrued interest on bonds 159o80 97
12 Income received from all other sources omitting increase
if any in value of securities viz Rents including
3000 for occupancy of own building 5471 50
Gross profits on real estate 900 bonds 10875 stocks
3000 gross increase bonds 1400 total 161 15 00
Agents balances previously charged off
15 Aggregate amount of income actually received during the
n 2055075 48
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 67837 32 losses occurring in
previous years 1008600 69130 ComptbollebGenebals Repobt
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 337858 and all
amounts actually received for reinsur
ance in other companies 9424647
total deductions 97 Q95 05
Net amount paid during the year for losses 910975 64
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 60000 00
6 Paid for commissions or brokerage 385 026 7 7
Local agency expenses 237 33
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 187 969 88
8 Paid for State national and local taxes in this and other
States 29107 32
9 All other payments and expenditures viz Bents in
eluding 3000 12095 advertising 589953 sta
tionery 1493094 postage etc 1672512 legal ex
penses 68526 F P 2227 maps 476950 tariff
etc 1871583 fire patrol etc 566648 surveys 7
55373 repairs 28906 insurance department fees 8
41396 city taxes 943255 town and county taxes
1011161 pub statement 26091 office expenses G
P Chicago 912958 agents balance charged off
128314 bonds 206250 stocks 458 losses ad
justed 2092604 total 151635 7i
Aggregate amount of actual expenditures during the year
in easll 1724852 68
Business in the State of Georgia During the Year
Pire risks written 3316187 00
Premiums received gross 09 799 30
Losses paid 2j 3g
Losses incurred 05 10
UNITED STATES BRANCH HAMBURG BREMEN FIEE INSURANCE
COMPANY HAMBURG EMPIRE OP GERMANY
F O AllVld Manager V S Branch Qhas E Mitchell Secretary
Principal Office 19 Liberty street New York City N Y
W Iattillo Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1 500 000 00
2 Amount paid up in cash 615000 00
3 Amount in notes of the stockholders 885000 00CompteolleeGenebals Repoet
IIAssets
131
9
13
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1813957 71
Cash belonging to the company deposited
in Bank of America New York City 53516 07
Total cash items
53516 07
17 Cash in hands of agents and in course of transmission 157633 30
Total assets of the company actual cash market value 2025107 08
IIILiabilities
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
Losses resisted including interest costs
and other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
118170 00
34200 00
152370 00
10260 00
Net amount of unpaid losses
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 112925033 un
earned premiums fifty per cent
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 157978683
unearned premiums pro rata
142110 00
564625 17
803953 79
11
19
20
21
Total unearned premiums as computed above carried
out
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reserve for taxes due or accrued
Balances due agents
Total amount of all liabilities except capital stock scrip
1368578 96
32000 00
2973 84
and net surplus
1545662 80
Deposit capital actually paid up in eash 205000 00132 ComptbolleeGenebals Report
23 Surplus beyond capital and all other
liabilities 274444 28 479444 28
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2025107 08
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 1895311 20
5 Total 1895311 20
8 Deduct reinsurance and return premiums 296375 94
9 Net cash actually received for premiums carried out 1598935 26
11 Eeceived for interests and dividends on stock and bonds
collateral loans and from all other sources 77872 94
14 American branches of foreign companies
will please report amount of remittances
from home office during the year 2080 16
15 Aggregate amount of income actually received during the
year in cash 1676808 20
VExpenditures During tire Year
1 Gross amount actually paid for losses in
cluding 7783724 losses occurring in
previous years 1047279 93
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 912163 and all
amounts actually received for reinsur
ance in other companies 3622222
total deductions 45343 85
Net amount paid during the year for losses 1001936 08
i Paid for commissions or brokerage 321685 73
7 Paid for salaries fees and other charges of officers
clerks agents and till other employees 172265 39
8 Paid for State national and local taxes in this and other
s ates 56948 98
All other payments and expenditures viz Postage ex
press telegrams rents maps printing and stationery
advertising furniture and fixtures patrol and board
expenses etc etc 81825 31ComptrollerGenerals Report
133
10 American branches of foreign companies
will please report amount sent to home
offices during the year 57349 98
Aggregate amount of actual expenditures during the year
1634661 491
in cash v
Business in the State of Georgia During the Year
Fire risks written W98 00
Premiums received gross 2532
15116 10
SSeS Paid 17216 10
Losses incurred
HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y
B Emory Warfteld President Joseph McCord Secretary
Principal Office 34 Pine Street New York N Y
F A McCarroll Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
ITAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1129473 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 3500
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 500 00
6 Total value of said mortgaged premises
carried inside 7500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
2758937 00
value
12 Cash in companys principal office 3856 ia
13 Cash belonging to the company deposited
in banks viz Bank of America 12
69789 German American 439422
Central Trust Co 166869 Seaboard134
ComptbollebGenebals Eepoet
National 8214664 Astor Trust Co
110975 Guarantee Trust Co Phila
delphia 20000 total 102217 19
Total ash items 106 073 64
15 Interest due and accrued on stocks not included in mar
ket value vmcollected 25 833 12
17 Cash in hands of agents and in course of transmission 363534 58
All other assets both real and personal viz Rents
due and accrued 26333 due from other companies
for reinsurance already paid 799664 total 8 869 97
Total assets of the company actual eask market value 4395625 89
IIILiabilities
1 Losses due and unpaid 55895 40
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 164067 92
3 Losses resisted including interest costs
and other expenses thereon 14547 40
4 Total gross amount of claims for losses 234510 72
5 Deduct reinsurance thereon 50688 39
6 Net amount of unpaid losses 183871 33
7 Gross premiums without any deduction
received and receivable upon all uncx
pired fire risks running one year or less
from date of policy 145794889 un
earned premiums fifty per cent 728971 94
8 Gross premiums without any deduction
received ami receivable upon all unex
pired fire risks running more than one
year from date of policy 1168941
243309205 unearned premiums pro
rata 673535 1281151 22
11 Total unearned premiums as computed above carried
out 2017158 51
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due agents and brokers 8
23285 return premiums 203519 reinsurance 34
76590 total 45033 94
20 Total amount of all liabilities except capital stock scrip
Hl surplus 2246063 7S
21 Joint stock capital actually paid up in cash 1000000 00
ComptbolleeGeneeals Eepoet 135
23 Surplus beyond capital and all other liabilities 1149562 11
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
7 Entire premiums collected during the
year 3047518 05
8 Deduct reinsurance and return premiums 756354 14
4395625 89
9 Net cash actually received for premiums carried out 2291163 91
10 Received for interest on bonds and mortgages 175 00
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 115501 13
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 7972 82
15 Aggregate amount of income actually received during the
year in cash 2486567 86
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 20710165 losses occurring in
previous years 1619623 2
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1116615 and all
amounts actually received for reinsur
ance in other companies 24010650
total deductions 251272 65
Net amount paid during the year for losses 1368350 64
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
100000 00
478158 54
195645 34
79767 87
9 All other payments and expenditures 291459 10
Aggregate amount of actual expenditures during the year
2513381 49
in cash r
Business in the State of Georgia During the Year
Fire risks written 3577837 87
Premiums received gross 32o5U
38220 06
Losses paid
A 42178 51
Lasses incurred 136 ComptrollerGenerals Ekport
HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN
Ohas E Chase President Thos Turnbull Secretary
Home Office 125 Trnmbull Street Hartford Conn
Thos Egleston Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 2000000 00
2 Amount paid up in cash 2000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 1055187 75
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 448 000 00
3 Interest due on all said bond and mortgage loans 537
50 interest accrued thereon 394221 total 4479 71
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
valve 15385373 33
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 14500 00
12 Cash in companys principal office 4143 06
13 Cash belonging to rtie company deposited
in banks viz Connecticut Trust and
Safe Deposit Company 37332949 J
I Morgan Co New York 4252156
Hartford National Bank 25508004
American National Hank Hartford
1594467 Imperial Bank of Canada
Toronto Ont 2845969 American Ex
change National Hank New York 20
21s Fnion Trust Company San
Francisco 5405260 AngloCalifornia
National Bank San Francisco 20000
Northern Trust Company Chicago 05
ssi73 United states Mortgage and
Trust Co 5461051 total 931146 62
TutaJ cash items 935289 6S
15 Interest due and accrued on bonds not included in mar
ket value uncollected 172 502 14
16 Interest due and accrued on collateral loans and uncol
lected 300 69
17 Cash in hands of agents and in course of transmission 2404612 8S11
19
20
21
23
24
CoMPTROLLEKGrENERAlis EePORT 137
All other assets both real and personal viz Rents
due and accrued 135857 due from other companies
for reinsurance on losses already paid 1321186 total 14570 43
Total assets of the company actual cash market value 20434816 61
IIILiabilities
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1145141 73
Losses resisted including interest costs
and other expenses thereon 117393 93
Total gross amount of claims for losses 1262535 66
Deduct reinsurance thereon 93785 30
Net amount of unpaid losses 1168750 i36
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 1047012436 un
earned premiums fifty per cent 5235062 18
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1298095480
unearned premiums pro rata 677411 69
Total unearned premiums as computed above carried
out 12022473 87
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes not yet due 182000 00
Total amount of all liabilities except capital stock scrip
and net surplus 13373224 23
Joint stock capital actually paid up in cash 2000000 00
Surplus beyond capital and all other liabiliites 5061592 38
Aggregate amount of all liabilities including capital paid
up and net surplus 20434816 61
IVIncome During the Year
Entire premiums collected during the year 17803480 70
Deduct reinsurance and return premiums 3732024 87
Net cash actually received for premiums carried out 14071455 83
10ins138 ComptrollerGenerals Eeport
10 Received for interest on bonds and mortgages 24498 72
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources 652324 39
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 6174571
conscience money 5000 dividend on securities pre
viously charged off 50625 total 62301 96
15 Aggregate amount of income actually received during the
year in cash 14810580 90
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 118422656 losses occurring in
previous years 8858462 33
2 Deduct all amounts actually received for
salvages Whether on losses of the last
or of previous year 6280920 and all
amounts actually received for reinsur
ance in other companies 96729356
total deductions 1030102 76
Net amount paid during the year for losses 7828359 57
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 600000 00
6 Paid for commissions or brokerage 2593683 26
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 1240669 18
8 Paid for State national and local taxes in this and other
States 412919 86
9 All other payments and expenditures viz General ex
penses 90685331 paid reinsurance company under
treaty 3377500 total 906853 31
Aggregate amount of actual expenditures during the year
i cash 13582485 IS
Business in the State of Georgia During the Year 1909
Fire risks written 17414341 00
Premiums received gross 282 631 39
Lsss paid 186060 58
Losses incurred 202077 45ComptrollerGenerals Eepoet 139
THE HOME INSURANCE COMPANY OF NEW YORK N Y
Elbridge a Snow President Charles L Tyner Secretary
Principal Office 56 Cedar Street New York N Y
Charles W Phillips Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 3000000 00
2 Amount paid up in cash 3000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1543892 06
2 Loans on bond and mortgage duly recorded and being
first Hems on the fee simple 97800 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 115500 00
5 Value of buildings mortgaged insured
for 10230000 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 299553 33
13 Cash belonging to the company deposited in banks viz
American Exchange National Bank New York 646
61320 Hanover National Bank New York 24845039
New York Trust Co New York 4655966 United
States Mortgage Trust Co New York 42338050
Morton Trust Co New York 20000000 Standard
Trust Co New York 20000000 total
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 Counter and
office premiums uncollected
1765003 75
855471 46
1440 40
263338 05
Total assets of the company actual cash market value 24856499 05
IIILiabilities
1 Losses due and unpaid 221169 44
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1214263 63
3 Losses resisted including interest costs
and other expenses thereon
126119 73
4 Total gross amount of claims for losses 1562514 80140 ComptrollerGenerals Eeport
5 Deduct reinsurance thereon 543 887 93
6 Net amount of unpaid losses 1018 626 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 672781200 un
earned premiums fifty per cent 3363906 00
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1154103900
unearned premiums pro rata 5972257 00
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks 24175800 unearned premiums
fifty per cent 120879 00
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 58845 00
11 Total unearned premiums as computed above carried
ut 9515887 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance premiums 48412006 reserve
for taxes 10000000 commission and brokerage 35
04361 reserve as a conflagration surplus 80000000
tota1 1439163 67
20 Total amount of all liabilities except capital stock scrip
and net surplus 11973677 5i
21 Joint stock capital actually paid up In cash 3000000 00
23 Surplus beyond capital and all other liabilities 9s82821 51
24 Aggregate amount of all liabilities including capita paid
up and net surplus 24850499 05
Amount of unearned premiums represented by installment
notesbeing the whole amount of such notes i 902 967 17
IVIncome During the Year
Fire Marine and Inland
1 Gross premiums and bills in
course of collection il
close of last previous
year as shown by that
years statemn1
224023 50 107070 32
ComptrolleeGeneeals Eepoet
3 Net collected 224023 50 107670 32
4 Gross premiums on risks
written and renewed dur
ing the year 14729167 33 526498 28
141
5 Total 14953190 83 634168 60
6 Deduct premiums and bills
in course of collection at
this date 146904 25 116433 80
7 Entire premiums collected
during the year 14806286 58
8 Deduct reinsurance and re
turn premiums 4599285 17
517734 80
262322 12
9 Net cash actually received for premiums carried out 10462414 09
10 Received for interest on bonds and mortgages 5275 50
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 801182 63
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 15474407
profit and loss account 52009 profit on sale of ledger
assets 8811125 total 243375 41
15 Aggregate amount of income actually received during the
year in cash 11512247 63
VExpenditures During the Year
Fire Marine and Inland
1 Gross amount actually paid
for losses including 1
19756741 losses occurring
in previous years 7408558 41 281773 43
2 Deduct all amounts actu
ally received for salvages
whether on losses of the
last or of previous year
216288659 and all
amounts actually receiv
ed for reinsurance in oth
er companies 10392263
total deductions 2162876 59 163922 63
Net amount paid during
the year for losses 524568182 117850 80 5363532 62
4 Oash dividends actually paid stockholders amount of
stockholders dividends declared during the year 600000 00142 ComptkollekGteneeals Report
6 Paid for commissions or brokerage 1954 382 72
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 591 390 98
8 Paid for State national and local taxes in this and other
States 27617171 real estate taxes and expenses
6324760 total 339 419 31
9 All other payments and expenditures viz Eents 116
52208 traveling expenses 9409165 incidentals
43283587 profit and loss account 24173247 adver
tising 6218888 printing and stationery 9642706
total 1043798 01
Aggregate amount of actual expenditures during the year
in cash 9892523 64
Business in the State of Georgia During the Year 1909
Fire risks written 21809768 00
Premiums received gross 183602 95
Losses paid 135887 29
Losses incurred 44 932 41
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA
Charles Platt President T Howard Wright Secretary
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
I ec 31 of previous year 11492974 03
4 Extended at 11492974 03
11Income
Fire Marine and Inland
5 Gross premiums 7261478 35 2849575 67
6 Deduct gross amount for
reinsurance and return
Premiums 1501754 72 62183191
7 Total premiums other than
perpetual 5759723 63 2227743 76 7987467 39
8 Deposit premiums written on perpetual risks gross 14 057 80ComptrolleeGenebals Bepobt
143
9 Gross interest on mortgage loans 24221 07
11 Gross interest on bonds and dividends on
stocks less 679847 accrued interest
on bonds acquired during 1908 388813 04
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Gross rents from companys property
including 1000000 for companys oc
cupancy of its own buildings
16041 80
187 47
20516 99
15 Total gross interest and rents
17 Perpetual permits transfer fees and earned deposits
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bealestate 55250 bonds 64000 stocks 1537500
total
27 Gross increase by adjustment in book value of assets
viz Eeal estate
449780 37
2589 85
161 21
16567 50
588 25
28 Total income
IIIDisbursements
Fire Marine and Inland
1 Gross amount paid policy
holders for losses 3660759 18 2078040 82
2 Deduct amount received
for salvage 25017496
reinsurance 62232667
349514 10 522987 53
total
3 Net amount paid policy
holders for losses 3311245 08 1555053 29
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 22640032 and expenses 5634235 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Eents including 1000000 for companys occupancy of
its own buildings
10 Advertising 1903556 printing and stationery 30
14470 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
4806298 37
41821 54
1792706 77
10560853
282742 67
172830 27
38153 68
55180 26
41413 50
10431 09
6411 40
14180 66144 ComptrollerGenerals Report
15 Underwriters boards and tariff associations 49 542 06
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 22 937 96
17 Inspections and surveys 29294 42
18 Repairs and expenses other than taxes on real estate 6 318 46
19 Taxes on real estate Aol
ft a 4866 72
20 State taxes on premiums 130 400 99
21 Insurance department licenses and fees 23V53 71
22 All other licenses fees and taxes Pennsylvania tax on
capital stock 1572256 Virginia custody tax 2650
taxes on real estate sold previous to 1908 6550 muni
cipal licenses 804481 total 23 859 37
23 All other disbursements miscellaneous 16597 60
33 Deposit premiums returned 16 1 05
34 Paid stockholders for interest or dividends amount de
clared during the year 36000000 360 000 00
37 Agents balances charged off 2o99 87
39 Gross decrease in book value of ledger assets viz Real
estate 500000 bonds 11250 total 5n2 50
40 Total disbursements 8118684 45
4L BalanCe 11845501 95
IVLedger Assets
1 Book value of real estate 383 400 00
2 Mortgage loans on real estate 418
05348other than first 30000 total 418353 48
4 Book value of bonds 792454750 and
stocks 87108750 total 8795635 00
5 ash in companys office 10 501 06
6 Deposited in trust companies and banks
not on interest 77505 19
i Deposited in trust companies and banks
on interest 829381 2fi
8 Agents balances representing business
written subsequent to October 1 1908 1298008 95
9 Agents balances representing business
written prior to October 1 1908 6664 38
10 Bills receivable taken for marine and in
land risks 26 052 63
16 Total ledger assets77T7T773 11845501 95
NonLedger Assets
17 Interest due 47750 and accrued 2
74759 on mortgages 3 225 09
18 Interest due 125000 and accrued 48
88747 on bonds 50jl37 47
22 Total
53362 56ComptrollerGenerals Eeport
145
24 Market value not including interest of bonds and
stocks over book value 88397 36
26 Reinsurance claims on losses paid 26800 76
28 Gross assets 12014062 63
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to October 1 1908 6664 38
33 Bills receivable past due taken for ma
rine inland and fire risks 400 00
37 Total
7064 38
38 Total assets admitted 12006998 25
VLiabilities
Fire Marine and Inland
1 Gross losses adjusted and
unpaid 4
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
130187 22
330783 19 357000 00
27759 59
357000 00
4 Total 488730 00
5 Deduct reinsurance due or
accrued 48950 00 103800 00
6 Net amount of unpaid losses
and claims 439780 00 253200 00
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 371799906 un
earned premiums fifty percent 185899953
8 Gross premiums received and receivable
upon all unexpired fire risks running
more than one year from date of policy
634686153 unearned premiums pro
rata
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
64328292 unearned premiums fifty
per cent 321641 46
3268487 47
692980 00146 ComptbollebGenebals Eepobt
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 41626157
unearned premiums 50 and 100 per
cent 249645 01
12 Total unearned premiums as computed above 5698773 47
13 Amount reelaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the
premium or deposit received 760 154 29
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 80 000 00
22 Reinsurance premiums 26 249 21
27 Total amount of all liabilities except capital 7258156 97
28 Capital actually paid up in cash 3000000 00
29 Surplus over all liabilities 1748841 28
Total 4748841 28
30 Surplus as regards polieyholders 12 006 998 25
Business in the State of Georgia During the Tear 1909
Risks written 25193909 00
Premiums received 194 935 37
Losses paid v 150905 39
Losses incurred 150 423 75
THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA
J Henry Scattergood President E R Dannels Secretary
Principal Office 300 Walnut Street Philadelphia
Robt N Hughes Atlanta Attorney for Service in Georgia
ICapital
3 Whole amount of capital stock 200 000 00
2 Amount paid up in cash 200000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 276 533 19
7 Amount of other loans 20 000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 491965 83ComptrollerGenerals Beport
147
12 Cash in companys principal office 4710 61
13 Cash belong to the company deposited in
Fourth Street National Bank 28243 56
Total cash items
17 Cash in hands of agents and in course of transmission
agents balances not over 3 three months due
18 Bill receivable not matured taken for fire marine and
inlands risks interest accrued on bonds
All other assets both real and personal viz Bents due
and accrued 47726 due from other companies for re
insurance on losses already paid Philadelphia Fire
Underwriters Association deposit 10000 bills receiva
ble net 38000 reclaimable on perpetual reinsurance
565806 total
32954 17
113066 03
3874 63
6515 32
Total assets of the company actual cash market value 945009 17
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 66582 92
3 Losses resisted including interest costs
and other expenses thereon 2700 00
4 Total gross amount of claims for losses 69282 92
5 Deduct reinsurance thereon 6743 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 45350272 un
earned premiums fifty per cent 226751 36
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 25667601
unearned premiums pro rata 158583 70
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired in
land navigaton and marine risks per
petuals at 9C per cent 137509 33
11 Total unearned premiums as computed above carried
out
62539 82
522844 39148
ComptrollerGenerals Report
19 All other demands against the company absolute and
contingent due and to become due admitted and eon
tested viz Accrued taxes on premiums 600000 not
reelaimable en perpetual reinsurance 56580 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
118870 5S
3 Net collected 118870 59
4 Gross premiums on risks written and re
newed during the year 800650 05
5 Total 919520 64
6 Deduct premiums and bills in course of
collection ait this date 113 06i 03
Kntire premiums collected during the
year 806454 il
8 Deduct reinsurance and return premiums 233304 SO
9 Net cash actually received for premiums carried out
Perpetual deposits
10 Received for profit on sale of securities
11 Received for interests and dividends on stoek and bonds
collateral loans and from all other sources
12 Income received from all other sourees omitting increase
if any in value of securities viz Rents
6565 80
591950 01
200000 00
153059 16
945009 17
573149 81
1947 57
1661 50
20748 60
17918 72
15 Aggregate amount of income actually received during the
year in cash 615426 20
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 4389561 losses occurring in
previous yearsf 352469 31
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 350873 and allComptrollerGenerals Eepoet
amounts actually received for reinsur
ance in other companies 2841513 total
deductions 31923 86
Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Patrols real
estate expenses special agents return deposits on per
petuate maps furnitureand fixtures postage telegrams
telephone miscellaneous
Aggregate amount of actual expenditures during the year
in cash
Business in the State of Georgia During the Year 1909
Fire risks written
Premiums received gross
Losses paid
Losses incurred
149
320545 45
177342 70
22936 44
12088 04
76040 85
608953 54
416971 00
5358 94
765 19
983 0Q
JEFFERSON FIRE INSURANCE COMPANY OF PHILADELPHIA
Sydney E Hutchinson President Chas B Jennings Secretary
Principal Office 425 Walnut Street Phrladelpnia
Robt N Hughes Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 250000 00
2 Amount paid up in cash 250000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 65000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 6600 00
3 Interest due on all said bond and mortgage loans accrued
84 10
thereon
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 4900 00150
ComptrollerGenerals Eepoet
5 Value of buildings mortgaged insured
for 490000 as collateral 6700 00
3 Total value of said mortgaged premises
carried inside 11600 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 5346 64
13 Cash belonging to the company deposited
in banks viz Drexel Co 8069353
Brown Brothers Co 1182699 Com
mercial Exchange National Bank 9
62977 Franklin National Bank 12
96563 Trust Co of North America
735109 Philadelphia National Bank
1276977 total 135236 78
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market value
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 164 211 02
5 Deduct reinsurance thereon 54 394 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 87827983 un
earned premiums fifty per cent 439139 92
8 Gross premiums without any deduction
received and receivable upon all onex
pired fire risks running more than one
year from date of policy 50269057
unearned premiums pro rate 299541 94
11 Total unearned premiums as computed above carried
out
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
919430 00
140583 42
13080 37
161423 35
1306117 14
109316 30
818637 32
927953 62
250000 00CompteollebGeneeals Bepoet
151
23 Surplus beyond capital and all other liabilities 128163 52
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1306117 14
IVIncome During the Year
Fire Marine and Inland
1 Gross premiums and bills
in course of collection at
close of last previous year
ias shown by that years
statement 156186 53
3 Net collected 156186 53
4 Gross premiums on risks
written and renewed dur
ing the year 1629844 54
70166 29
5 Total 1786031 07 70166 29
6 Deduct premiums and bills
in course of collection at
this date 161423 35
7 Entire premiums collected
during the year 1624607 72 70166 29
8 Deduct reinsurance and re
558571 84 26662 21
turn premiums
9 Net cash actually received
for premiums carried
out 1066035 88 43504 08 1109539
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 600000
earned on perpetual policies cancelled 18578 total
13 Received for calls on capital 5000000 for increase
capital 5000000 totail
585 10
38439 61
6185 78
100000 00
15 Aggregate amount of income actually received luring the
year
cash
1254750 51
VExpenditures During the Year
Eire Marine and Inland
1 Gross amount actually paid
for losses including 62
86910 losses occurring in
7Sfi 364 65 43794 64
previous years loofim u 152
ComptrollerGenerals Eeport
2 Deduct all amounts actu
ally received for salvages
whether on losses of the
last or of previous year
237788 and all amounts
actually received for rein
surance in other compa
nies 12872597 total de
ductions
114019 67
17084 18
Net amount paid during
the year for losses 672344 98 26710 46
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage 319 1J
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 36 38 44
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rents 3
00000 postage and advertising 1193606 allowances
to agents 2007155 boards 1351942 total
699055 44
20000 OO
35824 36
48527 03
Aggregate amount of actual expenditures during the year
in CaSh 1158780 78
Business in the State of Georgia During the Year 1909
Pin risks written
Premiums received gross
Dosses paid
Losses incurred
1144046 00
27298 72
17702 37
19164 31
LIVERPOOL AND LONDON AMI GLOBE INSURANCE COMPANY
OF LIVERPOOL ENGLAND
Henry W Baton Resident Manager New York
Chief Office in the United slates 45 William street NewYork City
B H Abrams Atlanta Attorney for Service in Georgia
ICapital Stock
4 Extended at 13033042 22
I Income
5 Gross premiums 1221T920 95ComptrollerGeebals Report
153
Deduct gross amount paid for return pre
miums fire 201649625 reinsurance
fire 327380707 totall 5290303 32
11
12
13
14
Total premium other than perpetual
Deposit premiums written on perpetual risks gross
Gross interest on mortgage loans 158669 44
Gross interest on bonds and dividends on
stocks less 92220 accrued interest on
bonds acquired during 1908 193717 80
Gross interest on deposits in trust com
panies and banks 17735 89
Gross interest from all other sources 738 60
Gross rents from companys property in
cluding 41070 for companys occupancy
of its own buildings 163146 22
7427617 63
2775 07
15
26
27
Total gross interest and rents 534007 95
Premiums on life policies in force 502 42
Gross profit on sale or maturity of ledger assets viz
Bonds 22248 24
Gross increase by adjustment in book value of ledger
assets viz Bonds 1978 09
28 Total income 7989129 40
IIIDisbursements
Gross amount paid policyholders for losses
including 113223312 occurring in pre
vious years 6214341 21
Deduct amount received for salvage fire
7093857 reinsurance fire 2226534
53 totall 2297473 30
1
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions ot brokerage
7 Salaries 11934812 and expenses 6158268 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 41070 for companys occupancy of its
own buildings
10 Advertising 3684755 printing and stationery 35
13389 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
3916868 11
81920 05
1404646 46
180930 80
305032 65
54469 14
71981 74
34936 13
1686 18
2871 42
10938 10
11ins154
ComptrollebGenebal s Report
15 Underwriters boards and tariff associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes viz
Office expenses
Various items of disbursements in suspense account
Traveling
Life expenditure claims undeT life policies
Remittance to Home office
33 Deposit premiums returned
38 Grass loss on sale or maturity of ledger assets viz
Stocks
39 Gross decrease by adjustment in book value of ledger
assets viz Bonds 3545149 stocks 4897959 total
40 Total disbursements
41 Balance
104563 28
7395 44
22225 87
66364 22
34092 51
204842 97
17968 37
48905 49
8181 87
8339 68
7838 77
1171604 56
7191 14
43524 29
84431 08
7903750 32
13118421 30
IVLedger Assets
1 Book value of real estate 1848411 87
2 Mortgage loams on real estate first liens 3314950 00
4 Book value of bonds 406987295 and
stocks 90062406 total 4970497 01
5 nsh in companys office 1759 13
i Deposit in trust companies and banks not
mi interest 281420 40
7 Deposits in trust companies and banks on
interest 1155386 72
8 Agents balances representing business
written subsequent to October 1 1908 3504643 31
9 Agents balances representing business
written prior to October 1 1908 41347 86
Ki Total ledger assets 13118421 30
NonLedger Assets
17 Interest due 6780 and accrued 4089079 on mortgages
18 Interest accrued on bonds
20 Interest accrued on ot her assets
21 Rents due 514196 and accrued 10010 on companys
property or lease
4 7070 79
44496 25
188 90
15141 96
22 Total 13225919 20ComptrollebGteneeals Report
155
23
24
25
Market value of real estate over book value
Market value of bonds and stocks over book value
Other nonledger assets
2063 38
25932 9
181 99
28 Gross assets 13254097 56
Deduct Assets Not Admitted
32 Agents balances representing business written prioir to
October 1 1908
41347 86
38 Total admitted assets
VLiabilities
Gross claims for losses in process of ad
justment or in suspense including all
reported aad supposed losses 1298399 01
Gross claims for losses resisted 81636 00
7
Total 1380035 01
Deduct reinsurance due or accrued in
companies authorized in New York 728706 71
Net amount of unpaid losses and claims
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 5
51737033 unearned premiums fifty per
cent 2758685 1 7
Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 789010980
unearned premiums pro rate 4176698 46
651328 30
12
13
14
20
22
Total unearned premiums as computed above 6935383 63
Amount reelaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received 208270 49
Net premium reserve and all other liabilities except cap
ital under the life insurance or any other special de
partment 19977 61
State county and municipal taxes due or accrued 141980 87
Return premiums 7255025 reinsurance premiums 166
61683 total 239167 08
All otheT liabilities 42762 52
24
27 Total amount of all liabilities except capital 8238870 50156 ComptrolleeGenerals Bepobt
30 Surplus as regards policyhodders 4973879 20
31 Total liabilities 13212749 70
Business in the State of Georgia During the Year
23 Gross risks written 15022322 less 3423617 risks can
celled net risks written n ggg 715 qq
24 Gross premiums received 28508560 less 4709302 re
turn premiums net premiums received 237 932 58
25 Net losses paid Igg oi 43
26 Net losses incurred U9 397 04
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
OF NEW YORK
Henry W Eaton President George W lloyt Secretary
Home Office 45 William Street New York City
B H Abrams Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 47552 75
4 Extended at 747552 75
II Income
5 Gross premiums 483 226 33
6 Deduct gross amount paid for return pre
miums fire 9900518 reinsurance fire
16626318 total 265268 36
7 Total premium other than perpetual 217 957 97
9 Gross interest on mortgage loans 2500 00
11 Gross interest on bonds and dividends on
stocks Lo220 00
12 Gross interest on dcpostis in trust com
panies and banks 2 170 47
15 Total gross interests and rents 24 890 17
26 Crass pnfit on sale or maturity of ledger assets viz
Slrks 3915 05
2 iross increase by adjustment in book value of ledger
assets viz Bonds C2 17
28 TotaJ income 246825 68ComptbollekGenerals Eepobt
157
2
10
11
12
15
16
17
20
21
22
34
39
40
41
IIIDisbursements
Gross amount paid policyholders for losses
including 4064410 occurring in pre
vious years
Deduct amount received for salvage fire
414978 reinsurance fire 10396654
235447 51
108116 32
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries fees and all other charges of officers directors
trustees and home office employees
Advertising 82884 printing and stationery 157701
Postage telegrams telephone and express
Legal expenses
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
Office expenses
Traveling
Paid stockholders for interest or dividends amount de
clared during the year
Gross decrease by adjustment in book value of ledger
assets viz Bonds
Total disbursements
Balance
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds 31009856 and
stocks 25595752 total
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to October 1 1908
50000 00
566056 08
8594 96
75000 00
97380 51
16 Total ledger assets
Nonledger Assets
1 7 Interest accrued on mortgages
18 Interest accrued on bonds
127331 19
3610 12
32982 92
5083 50
2405 85
1101 00
160 48
2189 59
341 67
1396 71
8287 46
1382 32
359 33
30 45
10000 00
684 27
197346 86
797031 55
797031 55
1145 80
2862 50
28 Gross assets
801039 85158
ComptrollerGenerals Eeport
Deduct Assets Not Admitted
35 Book value of ledger assets over market value
38 Total admitted assets
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 29 920 00
5 Deduct reinsurance due or accrued in
companies in New York u 447 qo
6 Net amount of unpaid losses and claimsj
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 212
55867 unearned premiums fifty per
cent 106279 33
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 19182388
unearned premiums pro rata 100287 08
12 Total unearned premiums as computed above
19 Salaries rents expenses bills accounts fees etc due
or accrued
20 State county and municipal taxes due or accrued
21 Commissions brokerage and other charges due or to be
come due to agents and brokers
22 Return premiums 547163 reinsurance premiums 8
904 total
27 Total amount of all liabiliites except capital
28 Capital actually paid up in cash 200000 00
29 Surplus over all liabilities 307659 59
30 Surplus as regards policyholders
31 Total liabilities
Business in the State of Georgia During the Year
23 Gross risks written 1031062 leas 427711 risks can
celled net risks written
21 Gross premiums received 2581136 less 501376 re
turn premiums net premiums received
38106 08
762933 77
1S473 00
206566 41
7500 00
4359 14
4000 00
14375 63
255274 18
507659 59
762933 77
1203351 00
20797 60ComptrollerGenerals Eeport
25 Net losses paid
26 Losses incurred
26 Net losses incurred
159
27650 51
30261 82
30261 82
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
Charles L Case United States Manager
Principal Office in United States 84 William Street New York City
F W Manry Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital deposit 625000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2515655 00
12 Cash in companys principal office 2331 46
13 Cash belonging to the company deposited
in banks viz Corn Exchange Natl
Bank Chicago 111 1674256 Bank of
New York N B A New York N Y
10679447 Wells FargoNevada Na
tional Bank San Francisco Oal 5
53593 First National Bank New York
N Y 4650648 totail 175579 44
Total cash items 177910 90
15 Interest due and accrued on bonds not included in mar
ket value uncollected 31312 91
17 Cash in hands of agents and in course of transmission 389669 70
All other assets both real and personal 6654 27
Total assets of the company actual cash market vadue 3121202 78
IIILiabilities
1 Losses adjusted not yet due 7897 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 226864 00
3 Losses resisted including interest costs
and other expenses thereon 27202 00
4 Total gross amount of claims for losses 261963 00
5 Deduct reinsurance thereon 60095 50160
ComptbollebGekebals Eepoet
646082 38
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 129216476 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 201400055
unearned premiums pro rata 1051976 19
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation risks 179
46446 total
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks
201867 50
89730 73
76193 93
11 Total unearned premiums as computed above carried
out 1863983 23
16 Accrued taxes 32895 50
19 All other demands against the company absolute and
contingent due and to become due admitted and eon
tested viz Return premiums 10684 reinsurance pre
miums 3828788 total 38 394 72
20 Total amountof all liabilities except capital stock scrip
and net surplus 2137140 95
23 Surplus beyond capital and all other liabilities 984061 85
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3 io oq9 rg
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 toy that years
statement 363987 75 154048 21
3 Net collected 363927 75 154048 21
1 Gross premiums on risks
written and renewed dur
ing the year 2472193 96 955426 64
5 TtaI 2836121 71 1089474 85CompteollebGenebals Repobt
161
6 Deduct premiums and bills
in course of collection at
this date
371803 65 132620 74
7 Entire premiums collected
during the year 2464318 06 956854 11
8 Deduct reinsurance and re
554689 13 560332 50
turn premiums
9 Net cash actually received
for premiums carried
out 1909628 93 396521 61
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 Investments
14 American branches of foreign companies will please re
port amount of remittances from home office during the
year
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
Fire Marine and Inland
1 Gross amount actually paid
for losses including
20664459 losses occur
ring in previous years 1035763 97
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
6872157 and all
amounts actually received
for reinsurance in other
companies 54586038 to
tal deductions 129302 41
104928 03
97775 50
57637 86
784858 78
485279 54
906461 56 299579 24
Net amount paid during
the year for losses
5 Investment
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
1 206040 80
238283 13
486212 95
154553 61
75428 70162 ComptrollerGenerals Eeport
9 All other payments and expenditures viz Adjustment
of dosses 2734719 Tents 2204344 advertising
594006 stationery 1400021 postage 1809700
legal expenses 33776 furniture 473500 maps
724674 Underwriters boards 2508235 inspection
971258 miscellaneous 647262 special agents
2881211 total 169827 06
10 American branches of foreign companies will please re
port amount sent to home offices during the year 391 826 99
Aggregate amount of actual expenditures during the year
year in cash 2722173 24
Business in the State of Georgia During the Year
Fire risks written 3480j961 0Q
Premiums received gross 19 876 55
Losses paid 21940 u
Losses incurred 2S91 s 14
LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
9
12
13
Archibald G Mdlwaine Jr United States Manager
Principal Office in United States 57 and 59 William Street New York
Frederick Yv Cole Atlanta Attorney for Service in Georgia
IIAssets
Market value of real estate owned by the company less
the amount of incumbrances thereon 350 qoo 00
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2426 642 00
risli in companys principal office 14723 96
fash belonging to the company deposited
in banks viz Connecticut Trust Safe
Deposit Co Hartford Conn 17062836
Corn Exchange National Bank Chicago
111 3992542 Fidelity Trust Co Hart
ford nun 5000000 Merchants
National Bank New York N Y 30
LS517 Metropolitan Hank New York
121987 United States Mortgage
Trust Co New York X Y 18001396
WellsKargo Nevada National Bank
San Francisco Cab 1269031 total 494243 09ComptrollerGenerals Besort
163
Deposited with United States trustee
4061 71
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uneolleeted
17 Cash in hands of agents and in course of transmission
gross premiums 49517915 less commissions 104
21637
18 Bill receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Rents due
and accrued 34761 due from other companies for re
insurance on losses already paid 1064720 interest
due or accrued on bank deposits 354152 total
Balances due from other companies
Total assets of the company actual cash market value
Bills receivable past due
Unpaid premiums over three months due
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
35499 00
130779 02
30087 00
513028 83
35429 07
390962 78
1363 43
14536 33
16334 IS
3748296 60
812 42
5625 24
4 Tot all gross amount of claims for losses 196365 02
5 Deduct reinsurance thereon 40181 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
from date of policy 150662402 un
earned premiums fifty per cent 753312 01
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 269116201
unearned premiums pro raba 1404012 01
11 Total unearned premiums as computed above carried
lout
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses taxes due and
accrued
156183 66
2157324 02
40577 11164
ComptrollerGenerals Eeport
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Unpaid return premiums 169610 unpaid
reinsurance premiums 4854576 less commissions
667029 net
13571 57
20 Total amount of all liabilities except capital stock scrip
and net surplus 4 o qo ar op
IS Surplus beyond capital and all other liabilities 1 350 640 24
24 Aggregate amount of all liabilities including capital paid
up and net surplus 37433 60
IVIncome During the Year
1Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 496 252 40
3 Net collected 496252 40
4 Gross premiums on risks written and re
newed during the year 3361769 08
Total 3858021 48
6 Deduct premiums and bills in course of
collection at this date 502 980 24
7 Entire premiums collected during the
year 33550 1 24
8 Deduct reinsurance and return premiums 1061084 il
9 Net cash actually received for premiums carried out 2 293 956 80
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
14 American brandies of Foreign companies will please re
port amount of remittances from home office during
he year 47202 31
DI5249 37
14623 71
15 Aggregate amount of income actually received during the
var iu cash 2413829 88
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 17425656 losses occurring in
previous years 1555751 63
2 Deduct all amounts actually received for
salvages whether on losses of the lastComptrolleeGteneeals Kepoet
165
or of previous year 1689332 and all
amounts actually received far reinsur
ance in other companies 34424893
total deductions
361142 25
385171
163024 27
85595 72
Net amount paid during the year for losses tfJt f3
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 Bents 20
94052 advertising printing and stationery 2340192
furniture and fixtures 56896 legal 50668 traveling
3211920 boards and associations 3254003 surveys
and inspections 1114321 miscellaneous 4472368
real estate taxes and expenses 2245081 total
10 American branches of foreign companies will please re
port amount sent to home offices during the year
188395 01
r39951
Segregate amount of actual expenditures during the year
ss s 2016805 41
in cash
Business in the State of Georgia During the Year
5803721 00
54283 88
39362 36
49153 36
Fire risks written
Premiums received gross
Lasses paid
Losses incurred
LUMBEE MUTUAL FIRE INSURANCE COMPANY OF BOSTON MASS
George W Gale President Harry E Stone Secretary
Principal Office 141 Milk Street Boston Mass
F Wade Vaughan 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
o2o4j Ov
value
12 Cash incompanys principal office 442 77
13 Cash belonging to the company deposited
v 106257 28
in bank
106700 05
Total cash items
15 Interest due and accrued on bonds not included in mar
ket value uncollected
166
ComptbollerGeneeals Repobt
Agents balances representing business written subse
quent to Oct 1 1908
Office premiums in course of collection written subse
quent to Oct 1 1908
Total assets of the company actual cash market value
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 3 on
3 Losses resisted including interest costs
and other expenses thereon 9 500 00
4 Total gross amount of claims for losses 5840 12
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all un ex
pired fire risks running one year or less
from date of policy 28335834 un
earned premiums fifty per cent 141679 11
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
contingent due and to become due admitted and con
tested viz For commission 1561448 taxes due or
accrued 276876 return premiums not due 53004
total

20 Total amount of all liabilities except capital stock scrip
a ml net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amounl of all liabilities including capita paid
up and net surplus 4
IV Income During the Year
1 Gross premiums and bills in course of col
lection at close of lad previous year as
shown by That years statement 26 350 56
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 To
26360 56
334323 12
360673 68
15778 69
12081 09
464170 64
5840 12
141679 17
7702 75
4860 28
100082 32
304088 32
164170 64ComptrollerGenerals Eepoet
167
6 Deduct premiums and bills in course of
collection at this date 27859 78
7 Entire premiums
collected during the
year
8 Deduct return premiums
332813 90
40184 35
9 Net cash actually received for premiums carried out
10 Received for interest on bonds
11 Received for interest on deposits in trust companies and
banks
Overdue premiums 199 discount on bills 189 dis
count on losses 13471 total
12 Income received from all other sources omitting increase
if any in value of securities viz Adjusting old ac
counts previously charged off 21732 from Edward J
Johnson for rent services etc 15000 Gale and Stone
per contract 700000 total
292629 55
12674 10
3589 98
138 59
7677 81
15 Aggregate
it of income actually received during the
year in cash 316710 03
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 56008 losses occurring in pre
vious years 93754 9d
Net amount paid during the year for losses
Expense of adjustment and settlement of losses
4 Cash dividends actually paid policyholders
Advertising printing and stationery 273025 postage
telegrams telephone and express 149406 total
5 Legal expenses 55872 furniture and fixtures 135323
inspection and surveys 329368 Tennessee agency
70000 total
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees executive ex
pense
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rents 2
75000 interest paid on bonds purchased during 1908
64854 publications 14312 collecting bad bills
1810 premiums on surety bonds 7400 examination
of books and auditor 28900 expense of attending
93754 95
644 55
70472 21
4224 31
5905 63
14510 39
21622 28
5157 32168
ComptrollerGenerals Eepoet
meetings in Ohio and Indiana by president and secre
tary 24895 all other disbursements 96170 total 5 133 41
Aggregate amount of actual expenditures during the year
in eash 227425 05
Business in the State of Georgia During the Year
Fire risks written 253830 m
Premiums received gross 8 048 84
Losses paid
013 37
Losses incurred
613 St
LUMBER UNDERWRITERS FIRE INSURANCE COMPANY OF
NEW YORK
Eugene F Perry AttorneyinFact
Principal Office 60 Broadway New York City
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
100000 00
100000 00
13
IIAssets
Cash belonging to the company deposited in banks viz
Hankers Trust Co New York City 2068411 Cleveland
Trust Co Cleveland Ohio 1073828 Commonwealth
Trust Co Buffalo N Y 636844 I international Trust
Co Baltimore Md 1134853 Manufacturers Trad
ers National Bank Buffalo X V 1797489 Marine
National Bank Buffalo X Y 1201693 Mercantile
Trust Deposit Co Baltimore Md 1123299 Penn
sylvania Co Philadelphia Pa 1800530 Queens
County Trust Co Jamaica X v 99158 Society
for Savings Cleveland Ohio 60281 1047066
State National Bank North Tonawanda X v 10
8136 Hank of Long Island Jamaica X Y 521556
US Mortgage Trust Co X v City N Y 15
38353 Seaboard National Bank N Y City N Y
694737 Roekland County Trust Co Nyack N Y
1199182 total
Cash in hands of agents and in course of transmission
Total assets of tli
181179 45
34013 30
e eompany actual cash market value
215195ComptrollerGenerals Report
169

ITTLiabilities
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 8400 00
Net amount of unpaid losses
Gross premiums without any deductions
received and receivable upon all unex
expired fire Tisks running one year or
less from date of policy 19250560 un
earned premiums fifty per cent 96252 79
11 Total uneairned 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 con
tested viz 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 aid other liabilities
24 Aggregate amount of all liabilities including capital piifl
up and net surplus
8400 00
96252 79
2530 60
4303 59
111486 98
100000 00
3705 77
215192 75
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 27134 63
3 Net collected
4 Gross premiums on risks written and re
newed during the year
27134 63
291522 57
Total 318657 20
Deduct premiums and bills in course of
collection at this date 34013 30
Entire premiums collected during the
year 284643 90
Deduct reinsurance and return premiums 92913 99
9 Net cash actually received for premiums carried out 191729 91
12ins170
ComptrollerGenerals Kepokt
11 Received fox interests and dividends on stock and bonds
collateral loans and from all other sources
13 Received for increase capital
15 Aggregate amount of ineome actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 567187 losses occurring in pre
vious years
2 Deduct all amounts actuaJly received for
salvages Whether on losses of the last
or of previous year 3248 and all
amounts actually received for reinsur
ance in other companies 1962555 to
tal deductions
114710 05
19658 03
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
t ates
9 AH other payments and expenditures viz Legal ex
penses 6625 adjustment expenses in settlement of
losses 78877 total
Aggregate amount of actual expenditures during the year
in cash
6888 48
25000 00
223618 39
95052 02
67555 00
9312 45
41802 44
1551 14
855 02
216128 07
MICHIGAN COMMERCIAL FIRE INSURANCE COMPANY OF
LANSING MICHIGAN
Frank A Hooker President A D Baker Secretary
Principal Office 116 and 120 Ottawa Street W Lansing Mich
Rhodes Browne Columbus Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 400 000 00
2 Amount paid up in cash 400000 00
ITAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 65 961 56CompteollebGeneeals Repoet
171
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
93516 interest accrued thereon 618961 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 357866 00
5 Value of buildings mortgaged insured
for 60269400 as collateral 937775 00
6 Total value of said mortgaged premises
carried inside 129564100
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in coirapanys principal office 2350 00
13 Cash belonging to the company deposited
in banks viz City Natl Bank Lans
ing Mich 25226212 Capital National
Bank Lansing Mich 508425 Lan
sing State Savings Bank Lansing Mich
1760000 First National Bank Wino
na Minn 500000 First National
Bank San Francisco Gal 1351422
total 293460 59
Total cash items
14 Amount of premium notes upon which policies have been
issued
15 Interest due and accrued on stocks not included in mar
ket value uncolilected
All other assets viz Agents balances representing busi
ness written subsequent to Oct 1 1908
Agents balances written prior to Oct 1 1908
518567 50
8124 77
287131 87
295810 59
67 47
4383 0
205876 39
1228 57
Total assets of the company actual cash market value 1337151 75
Deduct assets not admitted Agents balances represent
ing business written prior to Oct 1 1908 1228 57
Total 1335923 18
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 159215 13
3 Losses resisted including interest costs
and other expenses thereon 6139 00
4 Total amount of claims for losses 165354 13
5 Deduct reinsurance thereon 78808 7172 ComptrollerGenerals Report
6 Net amount of unpaid losses j
7 Gross premiums without any deduction
received and receivable upon all unex
expired fire risks running one year or
less from date of policy 73773919 un
earned premiums fifty per cent 368869 60
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 63066205
unearned premiums pro rate 379089 82
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine risks
67075 unearned premiums fifty per
cent 335 33
86545 36
11 Total unearned premiums as computed above carried
t 7 is294 80
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commissions due and accrued 201001
Stale county and municipal taxes 1800000 total 21000 00
20 Total amount of all liabilities except capital stock scrip
Il11 it surplus 854840 16
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 81083 02
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1335923 18
I V Income During the Fear
Fire Marine and Inland
1 Gross premiums and bills
in course of collection at
rinse of last previous year
as shown by that years
statement ISO334 72 1904 86
3 Net collected 180334 72 1904 86
4 Cross premiums on risks
written and renewed dur
ing the year 1860848 64 78560 60
5 TotaJ 2041183 36 80465 46ComptrollerGenerals Report
173

6 Deduct premiums and Mils
in course of collection at
this date
204742 76
2362 20
7 Entire premiums collected
during the year 1836440 60
8 Deduct reinsurance and re
turn premiums 861956 77
78103 26
77893 36
9 Net cash actually received
for premiums carried
out 974483 83 209 90
10 Received for interest on bonds and mortgages
11 Received for interests and idividends 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 90000 in
crease in book value of real estate 646156 total
13 Received for increase capital
974693 73
21275 61
18547 47
7361 56
200000 00
15 Aggregate amount of income actually received during the
year in cash 1221878 37
VExpenditures During the Year
Fire Marine and Inland
1 Gross amount actually paid
for losses including
7204787 losses occurring
in previous years
2 Deduct all amounts actually
received for salvages
Whether on losses of the
last or of previous year
873698 and all amounts
actually received for re
insurance in other compa
nies 36819750 total de
ductions
922031 23466 69
353492
23441 69
Net amount paid during
the year for losses 568538 22 25 00
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Adjusting ex
penses 984358 advertising and printing 1299814
568563 22
187170 64
87417 60
40243 99174 ComptrollerGenerals Eeport
postage telegrams telephone express 1213217 maps
inspection 1743838 miscellaneous expenses 25
20975 total 77622 02
Aggregate amount of actual expenditures during the year
in eash 961017 47
Business in the State of Georgia During the Year
Fire risks written 917951 0Q
Premiums received gross j4 576 84
Losses Paid 6574 95
Losses incurred j0 39 4g
MERCANTILE FIRE INSURANCE COMPANY OF PROVIDENCE
RHODE ISLAND
Henry T Grant President Alfred U Eddy Seeretarv
Principal Office 10 Weybosset Street Providence R 1
Win A Wright Atlanta Attorney for Service in Georgia
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company tarried out at market
value 217880 00
13 Cash belonging to the company deposited in Industrial
Trust Co 19761 99
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3 023 33
1 Cash in hands of agents and in course of transmission 7 896 86
Total assets of the company actual cash market value 248562 18
IIILiabilities
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses 4 900 00
7 Gross premiums without any deduction
received and receivable upon all unex
expired fire risks running one year or
less from date of policy 24639489
unearned premiums fifty per cent 123197 45
11 Total unearned premiums as computed above carried
ont 123197 45ComptbolleeGenebals Repoet 175
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 1909 4927 89
20 Total amount of all liabilities except capital stock scrip
and net surplus 133025 34
23 Surplus beyond capital and all other liabilities 115536 84
24 Aggregate amount of all liabilities including capital paid
up and net surplus 248562 18
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 14197 78
3 Net collected 14197 78
4 Gross premiums on risks written and re
newed during the year 266330 00
5 Total 280527 78
6 Deduct premiums and bills in course of
collection at this date 7896 86
7 Entire premiums collected during the
year 272630 92
8 Deduct reinsurance and return premiums 19096 33
9 Net cash actually received for premiums carried out 253534 59
11 Beceived for interests and dividends on stock and bonds
collateral loans and from all other sources 12316 14
15 Aggregate amount of income actually received during the
i 265850 73
year m cash p
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 186068 losses occurring in
previous years 34591 87
2 Deduct all amounts actually received for
salvages Whether on losses of the last
or of previous year 50000 and all
amounts actually received for reinsur
ance in other companies 500 00
Net amount paid during the year for losses 34091 8
4 Cash dividends actually paid policyholders 19898 0176 ComptrollerGenerals Eepobt
6 Paid for inspection and surveys 5 553 gi
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 15204 94
8 Paid for State national and local taxes in this and other
States 4631 82
9 All other payments and expenditures viz Rent 1200 00
Total 2653 17
Aggregate amount of actual expenditures during the year
in cash 262138 45
Business in the State of Georgia During the Year
Fire risks written 45537 00
Premiums received gross 10 609 93
Losses paid
Losses incurred ISO 27
MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF
MILWAUKEE WIs
William L Jones President Oscar Griebling Secretary
Principal Office 442 and 44 1 City Hall Square Milwaukee Wis
W H Ayres Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
11Assets
500000 00
500000 00
1 Market value of real estate owned by tin company less
the amount of incumbranees thereon 56 000 00
2 Loans on bond and mortgage duly recorded and being
the first liens on the fee simple 1 251 107 74
3 Interest due on all said bond and mortgage loans 5
60000 interest accrued thereon 1857322 total 2417 22
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1606515 00
5 Value of buildings mortgaged insured for
1370291 as collateral 1611600 00
6 Total value of said mortgaged premises
carried inside 3218115 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
1324846 00ComptrollerGenerals Report 177
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 35000 00
12 Cash in companys principal office 1834 15
13 Cash belonging to the company deposited
in bank viz First National Bank of
Milwaukee 83125 40
Total cash items 84959 55
15 Interest due and accrued on bonds not included in mar
ket value uncollected 11918 96
17 Cash in hands of agents and in course of transmission 222612 53
All other assets both real and personal viz Milwaukee
Tire Ins Co 30405 deposit Milwaukee Board of
Fire Underwriters 10000 total 404 05
Total 3011022 05
Deduct liabilities reserve retained for reinsurance com
pany 11454766 due reinsurance company 1131146 125859 12
Total assets of the company actual cash market value 2885162 93
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 82304 8
3 Losses resisted including interest costs
and other expenses thereon id600 00
4 Total gross amount of claims 92904 28
5 Deduct reinsurance thereon 1302 32
6 Net amount of unpaid losses 7986 96
7 Gross premiums without any deduction
received and receivable upon all unex
pirod fire risks running one year or less
from date of policy 77599348 un
earned premiums fifty per cent 387996 74
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 216312246
unearned premiums pro rata 1154257 77
11 Total unearned premiums as computed above carried
l5422o4 51
out
19 All other demands against the company absolute and178
ComptrollerGenerals Eepoet
contingent due and to become due admitted and con
tested viz Reserved for taxes and other contingencies
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
100000 00
1722131 47
500000 00
663031 46
24 Aggregate amount of all liabilities including capital paid
up and net surplus
2885162 9a
IVIncome During the Year
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that year s statement
3 Net collected
4 Gross premiums on risks written and re
newed during the year 2053718 40
277180 37
277180 37
5 Total 2330898 77
6 Deduct premiums and bills in course of
collection at this date 296816 70
7 Entire premiums collected during the
year o0340S2 07
8 Deduct reinsurance and return premiums 593695 98
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 404000
conscience fund 12500 profit on sale of real estate
451375 profit on sale of bonds 177250 agents ac
counts heretofore charged off 938484 total
1440386 09
50438 87
61014 20
19836 09
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 8004964 losses occurring in
previous years 802187 52
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 749445 and all
1591675 25ComptrollerGenerals Eeport
179

amounts actually received for reinsur
ance in other companies 14005510
total deductions 147549 55
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 Traveling
and adjusting 4792103 rent 499500 advertising
printing and stationery 1240702 postage telegraph
and express 1518419 legal expense 254654 maps
557897 boards and inspection bureaus 837468 mis
cellaneous expense 1100600 interest paid reinsurance
company on reserve fund 451184 loss on agents ac
counts 338517 total
654637 97
80000 00
371961 52
118450 72
74881 44
115910 44
Aggregate amount of actual expenditures during the
year in cash 1415842 09
Business in the State of Georgia During the Year
Fire risks written 168235 00
Premiums received gross 12052 9o
Dosses paid 808 5i
Losses incurred 9708 54
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
James Nichols President B R Stillman Secretary
Principal Office 95 Pearl St Hartford Conn
W R Kimbell Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 447966 41
2 Doans on bond and mortgage duly recorded and being
first liens on the fee simple 704700 00180
ComptrollerGenerals Eeport
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Gash in companys principal office 1156 46
13 Gash belonging to the company deposited
in banks viz Charter Oak National
Bank 29291718 State Bank 24008
52 Aetna National Bank 374342 320669 12
Total cash items
17 Cash in hands of agents and in course of transmission
6077279 00
321825 58
705579 42
Total assets of the company actual cash market value 8257350 41
IIILiabiliti
1 Losses not 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
113673 28
51379 io
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
667526 45
169127 26
i 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 dale of policy 373305197 un
earned premiums fifty per cent 1866525 99
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 510096826
unearned premiums pro rata 2628961 59
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due or
accrued
20 Total amount of all liabiliites except capital stock scrip
and net surplus
21 Joint Stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
40059 57
498399 19
4495492 58
85000 00
5078891 77
1000000 00
2178458 64ComptrollerGenerals Eepobt
181
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Tear
4 Gross premiums on risks written and re
newed during the year 8228569 35
8 Deduct reinsurance and return premiums 2808658 27
8257350 41
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 Rents 1204305
profit on sales of bonds and stocks 1720640 agents
balances 104849 total
5419911 08
33679 78
228357 56
30297 94
15 Aggregate amount of income actually received during
the year in cash 5712246 36
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 36351363 losses occurring in
previous years 3983319 12
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2643337 and all
amounts actually received for reinsur
ance in other companies 110486813
total deductions 1131301 50
Net amount paid during the year for losses 2852017 62
4 Oash dividends actually paid stockholders amount of
stockholders dividends declared during the year 120000 00
6 Paid for commissions or brokerage 959351 02
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 523055 41
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Advertising
2523258 printing and stationery 3519799 profit
and loss 1081160 other expenses 36549499 total
209763 05
436737 16
ssresate amount of actual expenditures during Hie
8 5100924 26
year in cash
Business in the State of Georgia During the Year
i 4071923 00
Due risks written
i 42637 II
Premmms received gross
t 44180 Uo
LoBSes Pald 49644 17
Losses incurred 182 CoMPTROLLERGtENERALs REPORT
NATIONAL UNION FIRE INSURANCE COMPANY OF
PITTSBURG PENNSYLVANIA
E E Cole President B D Cole Secretary
Principal Office 401 Wood Street Philadelphia Penn
F C Robinson Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock i 000 000 00
2 Amount paid up in cash 750000 UU
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 486 722 00
3 Interest due on all said bond and mortgage loans 13500
interest accrued thereon 698506 total 7120 06
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 414985 00
5 Value of buildings mortgaged insured for
47085000 as collateral 559460 00
6 Total value of said mortgaged premises
carried inside 974445 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1579611 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 30 qoo 00
12 Cash in companys principal offices 77S 84
13 Cash belonging to the company deposited
in banks 145890 65
Total cash items 155 o 40
15 Interest due and accrued on stocks not included in mar
ket value uneollected g 409 22
16 Interest due and accrued on collateral loans and uneol
lected Is 92
17 Cash in hands of agents and in course of transmission 301393 76
18 Bill receivable not matured taken for fire marine and
inlald isks 11067 56
Total assets of the company actual cash market value 2580201 01
111Liabilities
1 Losses not due and unpaid 11 107 21
Cross losses in process of adjustment or
in suspense including all reported and
supposed losses 115825 74
ComptrollerGenerals Repoet 183
3 Losses resisted including interest costs
and other expenses thereon 20402 00
4 Total gross amount of claims for losses 147334 95
5 Deduct reinsurance thereon 36078 85
6 Net amount of unpaid losses 111256 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 96962878 un
earned premiums fifty per cent 484814 39
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 161598253
unearned premiums pro rata 904858 21
11 Total unearned premiums as computed above carried
out 1389672 60
19 All other demands against the company absolute and
contingent due and to become due admitted and eon
tested viz State county and municipal taxes due
or accrued 25000 00
0 Total amount of all liabilities except capital stock scrip
and net surplus 1525928 70
21 Joint stock capital actually paid up in cash 750000 00
23 Surplus beyond capital and all other liabilities 304272 31
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2580201 01
1 Amount of unearned premiums represented by install
ment notesbeing the whole amount of such notes 7829 95
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 7214 48
3 Net collected 7214 48
4 Gross premiums on risks written and re
newed during the year 2560443 34
5 Total 2567657 82
6 Deduct premiums and bills in course of
collection at this date 3804 21
7 Entire premiums collected during the
year 2563853 61184
ComptrollerGenerals Eeport
8 Deduct reinsurance and return premiums 1003469 68
9 Net cash actually received for premiums carried out 1560038 93
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 Profit on sale of
stocks and bonds
15 Aggregate amount of income actually received during
the year in cash 1682331 07
19457 39
96703 50
5786 25
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 10950214 losses occurring in
previous years 1318483 13
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 697030 and all
amounts actually received for reinsur
ance in other companies 34473380
total deductions 351 704 10
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 Pot State national and local taxes in this and other
States
9 All other payments and expenditures viz Insurance
maps furniture and fixtures rents printing stationery
advertising traveling expenses home office general ex
penses ete total
966779 03
30000 00
321428 20
71128 04
65273 82
20514 7s
Aggregate amount of actual expenditures during the
vlr easo 165075s s
Business in the state of Georgia During the Year
Fiv risks written 2067648 00
Premiums received gross 28 330 76
Losses liil 18217 51
Losses incurred
22319 13
CompteollebGteneeals Eepoet 185
NEW BRUNSWICK FIRE INSURANCE COMPANY OF
NEW BRUNSWICK N J
Geo A Viehmann President Chas D Ross Secretary
Principal Office 40 Paterson St 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
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 132362 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 9949o 00
3 Interest due on all said bond and mortgage loans 12500
interest accrued thereon 92307 total 1048 07
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 89900 00
5 Value of buildings mortgaged insured for
106100 as collateral 126350 00
6 Total value of said mortgaged premises
carried inside 216250 Q0
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 271510 00
12 Cash in companys principal office 4142 49
13 Cash belonging to the company deposited
in banks viz National Bank N J
1835449 New Brunswick Trust Co
103768 Peoples National Bank 1
67478 total 21006 95
Total cash items 25209 44
15 Interest due and accrued on stocks not included in mar
ket value uncollected 1475 6
17 Cash in bands of agents and in course of transmission 80250 50
All other assets both real and personal viz Deposit
Philadelphia Underwriters Association 10 00
Total 61145098
Less one mortgage considered of no value 581
Total assets of the company actual cash market value 610869 98
13ins186
ComptrollerGenerals Eeport
IIILiabilities
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
35506 00
800 00
4 Total gross amount of claims for losses 36306 00
5 Deduct reinsurance thereon l 822 97
6 Net amount of unpaid lossesj
7 Gross premiums without any deductions
received and receivable upon all unex
expired fire risks running one year or
less from date of policy 34481247
unearned premiums fifty per cent 172406 24
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 19498764
unearned premiums pro rata 121705 17
34483 03
294111 41
46 10
1500 00
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz State taxes accrued
20 Total amount of all liabilities except capital stork snip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
21 Aggregate amount of all liabilities including capita paid
up and net surplus 610869 98
IVIncome During the Year
330140 54
200000 00
80729 44
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
47243 51
426 51
3 Net collected
4 Gross premiums on risks written ami re
newed during the year
5 Total
46817 00
67987 7S
684804 78ComptrollerGenerals Report
187

6 Deduct premiums and bills in course of
collection at this date 8863 36
7 Entire premiums collected during the
year i
8 Deduct reinsurance and return premiums
603941 42
189366 33
440874 51
9 Net cash actually received for premiums carried out 414575 09
10 Received for interest on bonds and mortgages 5463 67
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 9879 06
12 Income received from all other sources omitting increase
if any in value of securities 10956 69
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 3522201 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 140294 and all
amounts actually received for reinsur
ance in other companies 2231666 to
tal deductions 23719 60
234206 81
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 or 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
210487 21
19995 51
107444 49
57527 82
7207 88
39730 85
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
442393 76
457561 00
8741 11
894 12
899 12188
ComptrollerGenerals Report
NEW HAMPSHIRE FIRE INSURANCE COMPANY OP MANCHESTER
NEW HAMPSHIRE
Frank W Sargeant Pres Frank E Martin Lewis V Crockett Sees
Principal Office 876 Elm Street Manchester N H
C L Stoney Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 1100000 00
2 Amount paid up in cash 1100000 00
ITAssets
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 208600 00
5 Value of buildings mortgaged insured
for 21835000 as collateral 321250 00
132250 00
214600 00
2758 37
6 Total value of said mortgaged premises
carried inside 529850 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3931197 28
11 Total amount loaned on stocks bonds and all other securi
t ies except mortgages 25000 00
12 Cash in companys principal office 751 51
13 Cash belonging to the company deposited
in banks viz Merchants National Bank
Manchester 206638 52 Manchester
National Bank Manchester 25000
Amoskeag National Bank Manchester
1010000 total241638 52
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncolleeted
Hi 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
Munich Ke Insurance Co Munich Bavaria 811629
North British c Mercantile Ins Co London Kng
433 National Union Fire Ins Co Pittsburg Pa
242390 03
33770 31
472 23
207582 98ComptbollebGeneeals Eepoet
189

298156 Eoyal Exchange Assurance London Eng
2075 Equitable Fire Marine Ins Co Providence
E I 284 St Paul Fire Marine Ins Co St Paul
Minn 284 total
11128 61
Total assets of the company actual cash market value 4861149 81
IIILiabilities

1 Losses not 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 Leduct reinsurance thereon
76071 55
150426 00
1909 00
228406 55
23787 67
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 135677898 un
earned premiums fifty per cent 678389 49
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 215280625
unearned premiums pro rata 1125702 34
11 Total unearned premiums as computed above carried
out
19 All other demands against the company aibsolute and con
tingent due and to become due admitted and con
tested viz Unpaid taxes return premiums and rein
surance 9375756 reserve for contingent liabilities
15000000 sinking fund for office building 100
00000 total
20 Total amount of all liabilities except capital stock scrip
and net surplus l
21 Joint stock capitalactually 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
204618 88
1804091 83
343757 56
2352468 27
1100000 00
1408681 54
4861149 81190 ComptrollerGenerals Eeport
IVIncome During the Year
1 Gross premiums and bills in eourse of
collection at close of last previous year
as Shown by that years statement 396533 41
3 Net collected 396533 41
4 Gross premiums on risks written and re
newed during the year 2435300 81
5 Total 2831834 22
6 Deduct premiums and bills in course of
collection at this date 330 261 39
7 Entire premiums collected during the
year 2449572 83
8 Deduct reinsurance and return premiums 412 922 95
9 Net cash actually received for premiums carried out 2036649 88
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources and rents 185 164 47
32 Income received from all other sources omitting increase
if any in value of securities j 75q 4g
15 Aggregate amount of income actually received during the
year in cash 2236970 22
VExpenditures During tin Year
1 Gross amount actually paid for losses in
cluding 22384750 losses occurring in
previous years 1403934 29
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 955743 and all
amounts actually received for reinsur
ance in other companies 2041468
total deductions 213 734 95
Net amount paid during the year for losses 1190 200 04
Adjusting expenses 10001 4g
1 ash dividends actually paid stockholders amount of
stockholders dividends declared during the year 105000 00
Paid lor commissions or brokerage 456 39 81
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 104 389 46ComptrolleeGenebals Report 191
8 Paid for State national and local taxes in this and other
States 73319 92
9 All other payments and expenditures 141792 29
Aggregate amount of actual expenditures during the year
in cash 2080943 00
Business in the State of Georgia During the Year
Fire risks written 2191000 00
Premiums received gross 35624 56
Losses paid 25983 55
Losses incurred 35404 49
NIAGARA FIRE INSURANCE COMPANY OF NEW YORK N Y
Harold Herrick President George W Dewey Secretary
Principal Office 25 Liberty Street New York N Y
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 750000 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 363000 00
3 Interest due on all said bond and mortgage loans interest
accrued thereon 5673 07
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 343500 00
5 Value of buildings mortgaged 223000 00
6 Total value of said mortgaged premises
carried inside 566500 0O
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
3624275 00
value
12 Cash in companys principal office 624 7o
13 Cash belonging to the company deposited
in banks viz Bank of Manhattan Co
15318238 Metropolitan Trust Com
pany 15000000 Brooklyn Trust Com
pany 10000000 New York Trust Com
pany 25000000 Heidson Trust Com
pany 10000000 total 753182 38
753807 13
Total cash items194 ComptrollebGenebals Bepobt
4159402 fire patrol 820734 office expenses 7
81349 postage 2863745 incidentals 630040 furni
ture 257986 legal expenses 7169120 sprinkler
leakage 18558 total 236975 30
Loss on sale of securities 213 421 74
Agents balances charged off 18 26
Aggregate amount of actual expenditures during the year
in east 3326053 23
Business in the State of Georgia During the Year
Fire risks written 2792344 00
Premiums received gross 27 320 49
Losses paid 20 296 99
Losses incurred 18 607 28
UNITED STATES BRANCH OF THE NORWICH UNION FIRE INSUR
ANCE SOCIETY LIMITED OF ENGLAND
J Montgomery Hare Resident Manager
Principal Office in United States 56 and 58 Pine Street New York N Y
Guy Carpenter Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 660000 00
2 Amount of ledger assets December 31 of
previous year 3035968 68
4 Extended at 3035968 6S
IIIncome
5 Gross premiums 2549333 74
6 Deduct gross amount paid for reinsurance
fire 35658504 return premiums fire
30629213 total 662877 17
7 Total premiums other than perpetual l 886 456 57
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 83534 accrued interest on
bonds acquired during 1908
12 Cross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
15 Total gross interest and rents
1775 00
3193 72
86576 26
1615 60
100 00
93260 58ComptrollekGejsteeals Eepokt 195
17 Remitted from home office 76500 00
26 Gross profit on sale or maturity of ledger assets viz
Bonds 4571 87
28 Total income 2060789 02
IIIDisbursements
1 Gross amount paid policyholders for losses
including 16559625 occurring in pre
vious years 1714531 13
2 Deduct amount received for salvage fire
1139117 reinsurance fire 27813583
total 289527 00
9
10
11
12
13
14
15
16
17
20
21
22
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 3397014 and expenses 2414976 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 669982 printing and stationery 1555031
Postage telegrams telephone and express
Degal 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
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes
City and county licenses 6414 93
City and county taxes 813 53
Total
24 Subscriptions to directories insurance and other publica
tions 80667 auditors fees 750 credit reports 1
07766 light water ice towel supply and car fares
53187 rent of safe deposit vaults and premiums on
surety bonds 21076 other miscellaneous office dis
bursements 235648 total
32 Remitted to home office
1425004 13
67434 64
351102 39
351 14
58119 90
147973 91
20060 44
22250 13
18689 34
1684 73
1455 75
5112 78
28194 71
22364 61
4081 56
32277 64
14963 26
7228 46
5733 44
34090 01196 ComptrollerGenerals Report
37 Agents balances charged off
1335 14
40 Total disbursements 2269508 11
41 Balance 2827249 59
IVLedger Assets
2 Mortgage loans on real estate first liens 35000 00
4 Book value of bonds 164085328 and
stocks 57769914 total 2218552 42
5 Cash in company s office 194 26
6 Deposits in trust companies and banks not
on interest bank of British North Am
erica 3715 83
7 Deposits in trust companies and banks on
interest viz Bank of New York N
B A 20750584 Bank of America
10696650 total 314472 34
8 Agents balances representing business
written subsequent to October 1 1908 250835 69
9 Agents balances representing business
written prior to October 1 1908 4479 05
16 Total ledger assets 2 827249 59
NonLedger Assets
17 Interest accrued on mortgages
18 Interest acerued on bonds
145 83
19637 92
22 Total
24 Market value of bonds and stocks over book value
25 Other NonLedger Assets
197S3 75
72294 58
6761 15
28 Gross assets
Deduel Assets Not Admitted
2926089 07
32 Agents balances representing business written prior to
October 1 1908
4479 05
38 Total admitted assets 2921610 02
VLiabilities
1 Gross losses adjusted and not yet due 77717 70
2 Gross claims for losses in process of ad
justment or in suspense including all re
ported and supposed losses 106392 50ComptboldebGeneeals Kepoet
3 Gross claims for losses resisted 541492 04
4 Total
5 Deduct reinsurance due or accrued
725602 24
212886 32
197
Net amount of unpaid losses and claims 512715 92
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 1338
59393 unearned premiums fifty per
cent
Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 203599750
unearned premiums pro rata 1011991 41
669296 98
12 Total unearned premiums as computed above 1681288 39
19 Salaries rents expenses bills accounts fees etc due
3522 93
or accrued
20 State county and municipal taxes due or accrued 24875 90
21 Commissions brokerage and other charges due or to be
come due to agents and brokers
22 Return premiums 64146 reinsurance premiums 12
60517 total
13246 63
27 Total amount of all liabilities except capital 2240622 85
29 Surplus over all liabilities 680981 17
30 Surplus as re
31 Total liabilities
gards policyholders 680987 17
2921610 02
Business in the State of Georgia During the Year
Eisks written 4220395 00
j 48933 64
Premiums received
T 35686 56
Dosses paid
Dosses incurred 198 ComptrollerGenerals Report
U S BRANCH NORTH BRITISH AND MERCANTILE INSURANCE
COMPANY OF LONDON AND EDINBURGH
E G Richards Manager United States Branch
Principal Office in United States 76 William St New York N Y
Edgar Dunlap Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 15000000 00
2 Amount paid up in cash 3 437500 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
to r81116 6127440 32
Li Cash in companys principal office 882 33
13 Cash belonging to the company deposited
in banks viz Merchants National
Bank New York City 2000000 J P
Morgan Co 10605813 total 126058 13
Total cash items
Ub940 46
15 Interest due and accrued on stocks not included in mar
ket value uncollected 63 610 40
17 Cash in hands of agents and in course of transmission 946260 27
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 325 61
Milwaukee Underwriters Building Association 18100
Philadelphia Underwriters Association 10000 Associa
tion Eire Underwriters Baltimore Md 100 total 381 00
Underwriters Salvage Co N Y 100000 Underwriters
Salvage Co Chicago 100000 total 2 000 00
Total assets of the company actual cash market value 7266958 09
IIILiabilities
1 Losses due and unpaid 99 088 76
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 293 145 09
3 Losses resisted including interest costs
and other expenses thereon 35 767 1 7
4 Total gross amount of claims for losses 428000 93
5 Deduct reinsurance thereon 50 728 67
Net amount of unpaid losses 377 272 SComptrollerGenerals Report
199
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 327744641 un
earned premiums fifty per cent 1638723 20
8 Gross premiums Without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 4286486 93
unearned premiums pro rata 2241052 74
31465 36
11 Total unearned premiums as computed above carried
out 3879775 94
12 Amount reelaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State city county or other taxes 72
94985 commissions brokerage and other charges due
and to become due to agents and brokers on premiums
paid and in course of collection 21271268 total
285662 53
20 Total amount of all liabilities except capital stock
scrip and net surplus 4574176 11
23 Surplus beyond capital and all other liabilities 2692781 98
24 Aggregate amount of all liabilities including capital
paid up and net surplus 7266958 09
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 917074 90
3 Net collected
4 Gross premiums on risks written and re
newed during the year
917074 90
6288115 98
5 Total 7205190 88
6 Deduct premiums and bills in course of
collection at this date 956284 89
7 Entire premiums collected during the
year 6248905 99
8 Deduct reinsurance and return premiums 1532916 00
9 Net cash actually received for premiums carried out 4715989 99200 ComptrollerGenerals Eeport
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 252 614 97
15 Aggregate amount of income actually received during
the year in cash 1968604 96
VExpenditures During the Year
3 Gross amount actually paid for losses in
cluding 29216927 losses occurring in
previous years 2436242 68
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2900443 and all
amounts actually received for reinsur
ance in other companies 20746549
total deductions 236 469 92
Net amount paid during the year for losses 2199772 76
6 Paidfor commissions or brokerage 955 269 10
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 440 416 49
8 Paid for State national and local taxes in this and other
States 139752 35
9 All other payments and expenditures viz Rents ad
vertising stationery postage telegraph and express
furniture maps local board underwriters associations
and adjustment expenses 216 072 24
10 American branches of foreign companies will please re
port amount sent to home offices during the year 1
24701698
Aggregate amount of actual expenditures during the
yar cash 3951282 94
Business in the state of Georgia During the Year
Fire risks written 4592636 00
Premiums received gross 56285 19
Losses paid Ls 703 37
Losses incurred 3143 98ComptrollerGenerals Report
201
U S BRANCH NORTH BRITISH MERCANTILE NORTHERN ASSUR
ANCE COMPANY LIMITED OF LONDON ENGLAND
H E Wilson General Manager
Geo W Babb Manager New York Office
G H Lermit Manager Chicago Office
Principal Offices in the United States
38 Pine Street New York N Y
642 Monadnock Block Chicago 111
William Lowe Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1500000 00
Statutory deposit 200000 00
2 Amount of ledger assets December 31 of
previous year 4917381 82
4 Extended at 4917381 82
IIIncome
5 Gross premiums 4391199 25
6 Deduct gross amount paid for reinsurance
fire 82230255 return premiums fire
74724299 total 1569545 54
7 Total premiums other than perpetuals 2821653 71
11 Gross interest on bonds and dividends on
stocks less 104000 accrued interest on
bonds acquired during 1908i
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Gross rents from companys property in
cluding 900000 for companys occu
pancy of its own buildings
154618 10
3854 85
2650 00
9000 00
15 Total gross interest and rents
17 Received from head office during the year
18 Received from sale of 10000000 U S
Govt bonds deposited with State of
Ohio
Received from sale of 5000000 U S
Govt bonds deposited with State of
Virginia
19
120375 00
60000 00
170122 95
194808 89
24 Total received from sale of bonds
180375 00
28 Total income 3366960 5
14ins202
ComptrollerGenerals Report
IIIDisbursements
1 Gross amount fiaid policyholders for losses
including 27375992 occurring in pre
vious years 2070291 31
2 Deduct amount received for salvage fire
2583618 reinsurance fire 47021451 496050 69
10
11
12
13
14
15
16
17
18
19
20
21
22
24
25
26
27
28
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agenices for miscellaneous agency
expenses
Salaries 5200678 and expenses 4345300 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 900000 for companys occupancy of
its own buildings
Advertising 922353 printing and stationery 2283937
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
Other licenses fees and taxes viz County and muni
cipal
Books newspapers and periodicals 1192 82
Cleaning heating and lighting 2874 03
Collection and exchange fees 3206 21
Traveling 6204 93
Miscellaneous 5736 01
1574243 62
34608 24
465957 57
774 64
95459 78
210490 58
20259 36
32062 90
25571 84
740 89
6492 15
7729 76
41352 11
27033 05
20664 33
587 00
2824 62
55523 40
14849 65
12882 93
Total
29 Remitted to head office during the year
30 Purchase of 10000000 city of Cincin
nati bonds deposited with State of
Ohio
31 Purchase of 1500000 city of Cincin
nati bonds deposited with Trustees
31a Purchase of 5000000 city of Richmond
bonds deposited with State of Virginia
103980 55
15645 00
50816 67
19214 00
562982 0732
37
38
40
41
9
11
16
18
23
27
28
32
33
35
37
38
ComptrollerGenerals Report 203
Purchase of 1000000 city of Richmond
bonds deposited with trustees 10335 28
Total 180777 50
Agents balances charged off 81 60
Gross loss on sale or maturity of ledger assets viz
Bonds 14597 50
Total disbursements 3427761 09
Balance 4856581 28
IVLedger Assets
Book value of real estate 115000 00
Book value of bonds 374996316 and
stocks 29426590 total 4044229 06
Cash in companys offices 752 58
Deposits in trust companies and banks
not on interest 5665 80
Deposits in trust companies and banks on
interest 175145 66
Agents balances representing business
written subsequent to October 1 1908 472801 95
Agents balances representing business
written prior to October 1 1908 23661 09
Bills receivable taken for fire risks 19325 14
Total ledger assets 485658128
NonLedger Assets
Interest due 19490 and accrued 2483044 on bonds 44320 44
Market value of real estate over book value 60000 00
Insurance Company iSalamandra St Petersburg Russia 14495 07
Gross assets 4975396 79
Deduct Assets Not Admitted
Agents balances representing business
written prior to October 1 1908 23 661 09
Bills receivable past due taken for ma
rine inland and fire risks 19325 14
Book value of ledger assets over market
value 130854 06
Total 173840 29
Total admitted assets 4801556 50204
ComptbollebGenebals Repobt
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 re
ported and supposed losses
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
52243 35
177971 33
79553 83
309768 51
32358 45
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
on perpetual fire risks 217878054 un
earned premiums fifty per cent 1089390 27
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 293486323
unearned premiums pro rata 1535765 95
277410 06
12 Total unearned premiums as computed above 2625156 22
19 Salaries rents expenses bills accounts fees etc due
or accrued 2178 44
20State county and municipal taxes due or accrued 71536 89
21 Commissions brokerage and other charges due or to be
come due to agents and brokers 5000 00
22 Return premiums 6226061 reinsurance premiums 15
98528 total 22245 89
27 Total amount of all liabilities except capital 3003527 50
28 Statutory deposit 200000 00
29 Surplus over all liabilities 1598029 00
30 Surplus as regards policyholders 1798029 00
31 Total liabilities 4801556 50
Business in the State of Georgia During the Year
23 Gross risks written 506303400 less 94905400 risks
canceled and 13416000 reinsurance in companies
authorized in Georgia net risks written 3979820 00
24 Gross premiums received 5862447 less 988713 re
turn premiums and 223084 premiums for reinsur
ance in companies authorized in Georgia 1211797
net premiums received 46506 50ComptrollerGenerals Report
205
25 Losses paid deducting salvage 1401596 less losses
on risks reinsured in companies authorized in Georgia
568 net losses paid
26 Losses incurred 1735671 less losses on risks reinsured
in companies authorized in Georgia 105 net losses
incurred
14010 28
17355 66
THE NORTH RIVER INSURANCE COMPANY OF NEW YORK
Wm E Hutohins President F H Crum Secretary
Principal Office 9397 William St New York City N Y
S G Williams Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock
2 Amount paid up in cash
350000 000
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 927000 00
5 Value of buildings mortgaged insured
for 505800 as collateral 554500 00
350000 00
833600 00
11394 32
6 Total value of said mortgaged premises
carried inside 1471500 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 so
securities except mortgages
13 Cash belonging to the company deposited in banks
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued
Total assets of the company actual cash market value
Deduct unpaid agency over 3 months due
Total
671270 00
12690 00
197590 68
4648 72
121 25
353857 36
4256 21
2089428 54
2829 73
2086598 81206
ComptrollerGenerals Report
IIILiabilities
1 Losses due and unpaid 4112587
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 111861 43
3 Losses resisted including interest costs
and other expenses thereon 25842 00
4 Total gross amount of claims for losses 178829 30
5 Deduct reinsurance thereon 49308 90
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 1231447 35 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all tinex
pired fire risks running more than one
year from date of policy 1028451 60
unearned premiums pro rata
129520 40
615723 67
543820 36
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due
and accrued 25000 commissions 1277788 return
premiums 922147 total
1159544 OS
3624 50
46999 35
20 Total amount of all liabilities except capital stock
scrip and net surplus 1339688 28
21 Joint stock capital actually paid up in cash 350000 00
23 Surplus beyond capital and all other liabilities 396910 53
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2086598 81
IVIncome During the Year
1 Iross 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
494825 33
2S29 73
3 Net collected 492005 60ComptrollerGenerals Eepobt
207
4 Gross premiums on risks written and re
newed during the year 2691107
5 Total 3183113 48
6 Deduct premiums and bills in course of
collection at this date 451852 75
7 Entire premiums collected during the
year 2731260 73
8 Deduct reinsurance and return premiums 1129453 20
9 Net cash actually received for premiums carried out 1601807 53
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 3489583
profit on sale of securities 29931132 total
10824 50
29856 70
334207 15
15 Aggregate amount of income actually received during
the year in cash 1976695
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 8440718 losses occurring in pre
vious years 1313129 32
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 869033 and all
amounts actually received for reinsur
ance in other companies 24566286
total deductions 254353 19
Net amount paid during the year
for losses 1058776 13
Expenses of adjustments and settlements of losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 35
00000
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Expenses of
real estate 1836565 loss on sale of securities
544800 general 9825827 total
15839 00
35868 00
424936 86
175015 04
34809 06
122071 92
Aggregate amount of actual expenditures during the year
1867316 01
in cash 208 ComptrollerGenerals Eepoet
Business in the State of Georgia During the Year
Fire risks written 2195920 00
Premiums received gross 3q 353 03
Losses paid 24943 g0
Losses incurred 26998 60
NORTH STATE FIRE INSURANCE COMPANY OE GREENSBORO N C
Ashley Home President F M Garuerj Secretary
Principal Office Greensboro N C
Otis A Murphy Atlanta Attorney for Service in Georgia
LrOapital
1 Whole amount of capital stock
2 Amount paid up in cash
IIAssets
200000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 1
81636 interest accrued thereon 214673 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 182000 00
5 Value of buildings mortgaged insured
for 11662500 as collateral 149500 00
6 Total value of said mortgaged premises
carried inside 331500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
11 Total loaned on stocks bonds and all other securities
except mortgages
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank Commercial National Bank
Greensboro N C 787115 New Bern
Banking Trust Company New Bern
N C 2363044 Citizens Bank Hen
derson N C 20862 Bank of Maxton
Maxton N C 26863 Commercial
Bank Waynesville N C 19492 Clay
ton Banking Co Clayton N C 67549
Commercial National Bank Raleigh
N C52821 Commercial National
Bank High Point N C 62500
100 00
200000 00
127600 00
3963 09
198159 38
71500 00ComptrollerGenerals Report
209
Greensboro National Bank Greensboro
N C 2645313 City National Bank
Greensboro N C 266494 total 63120 53
Total cash items
15 Interest due and acerued on stocks not included in mar
ket value uncolieeted bonds
16 Interest due and accrued on collateral loans and uncol
leeted
17 Cash in hands of agents and in course of transmission
Due from other companies for return premiums
Interest acerued on bank deposits
Total assets of the company actual cash market value
IIILiabilities
1 Losses due and unpaid 4350 72
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 29796 59
3 Losses resisted including interest costs
and other expenses thereon 5250 00
4 Total gross amount of claims for losses 39397 31
5 Deduct reinsurance thereon 6102 95
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 30208140 un
earned premiums fifty per cent 151040 76
8 Gross premiums without any deduction
received and receivable upon all uuex
pired fire risks running more than one
year from date of policy 15219823
unearned premiums pro rata 93613 65
10 Gross premiums without any deduction
received and receivable upon all unex
pired marine risks 453682 03
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 eon
tested viz Commissions brokerage and other changes
due and to become due
63220 53
2845 00
1100 27
73688 35
357 69
110 76
542545 07
33294 36
244654 35
2500 00210
ComptrollerGenerals Report
20 Total amount of all liabilities except capital stock scrip
and net surplus j
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
280448 71
200000 00
62096 36
542545 0
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 56
57 81
3 Net collected 56867 81
4 Gross premiums on risks written and re
newed during the year 605063 06
5 Total 661930 87
6 Deduct premiums and bills in course of
collection at this date 73688 35
7 Entire premiums collected during the
year 587242 52
8 Deduct reinsurance and return premiums 201053 13
9 Net cash tactually received for premiums carried out 386189 39
10 Eeceived for interest on bonds and mortgages 10875 86
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 8 956 01
12 Income received from all other sources omitting increase
if any in value of securities 1000 00
15 Aggregate amount of income actually received during the
year in cashf
416021 26
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 1973440 losses occurring in
previous years 245799 47
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 96420 and all
amounts actually received for reinsur
ance in other companies 272406 to
tal deductions 28188 26
Net amount paid during the year for losses
217611 21ComptrollerGeneral s Report
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and 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
211
20000 00
111408 44
18167 17
13683 66
10378 50
391248 9S
520584 00
9700 82
6110 04
6827 23
ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
Archibald G Mcllwaine Jr President Henry W Gray Jr Secretary
Robert A Hancock Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 2000 000 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 167686 38
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1760518 50
12 Cash in companys principal office 1150 52
13 Cash belonging to the company deposited
in banks viz American National Bank
Hartford Conn 91 61023 Charter
Oak National Bank Hartford Conn
6953365 Connecticut Trust Safe
Deposit Co Hartford Conn 5000000
Fidelity Trust Co Hartford Conn
2030000 National Bank of the Re
public Chicago 111 3275915 Union212 ComptrollerGenerals Eefoet
Trust Co San Francisco Cal 693288
United States Mortgage and Trust Co
New York N Y 3193104 total 303066 95
Total cash items 304 217 47
15 Interest due and accrued on stocks not included in mar
ket value uncollected 26 070 17
17 Cash in hands of agents and in course of transmission
gross premiums 29375569 less commissions 6851834 225237 35
18 Bill receivable not matured taken for fire marine and
inland risks 039
All other assets both real and personal 8 590 40
Total assets of the company actual cash market value 2492553 02
Premiums over three months due 4 087 54
Bills receivable past due 286 81
IIILiabilities
1 Losses due and unpaid 2175100 net
yet due 658548 total 28336 48
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 95648 38
3 Losses resisted including interest costs
and other expenses thereon 26 114 33
4 Total gross amount of claims for losses 150099 19
5 Deduct reinsurance thereon 28 601 02
6 Net amount of unpaid losses 121 493 u
7 Gross premiums without any deduction
received and receivable upon all nnex
pired fire risks running one year or less
from date of policy 91700477 un
earned premiums fifty per cent 458502 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 147089356
unearned premiums pro rata 777 125 51
11 Total unearned premiums as computed above carried
out 1235627 88
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses taxes due and
accrued 19038 69
18 Balances due other companies 13 434 24
19 All other demands against the company absolute andComptrollerGenerals Eepokt
213

contingent due and to become due admitted and con
tested viz Unpaid return premiums 79740 unpaid
reinsurance 1953675 commissions 298761 net
17346 54
20
21
23
24
Total amount of all liabilities except capital stock scrip
and net surplus 1406995 52
Joint stock capital actually paid up in cash 500000 00
Surplus beyond capital and all other liabilities 585557 50
Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Tear
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
263636 65
Net collected 263636 65
Gross premiums on risks written and re
newed during the year 1918948 76
Total 2182585 41
Deduct premiums and bills in course of
collection at this date 298362 79
7
8
9
11
12
15
Entire premiums collected during the
year 1884222 62
Deduct reinsurance and return premiums 589192 91
Net cash actually received for premiums carried out
Received for interests and dividends on stock and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 900000 less
taxes and repairs 727607
Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1295029 71
79985 53
1723 93
1376739 17
Gross amount actually paid for losses in
cluding 10309021 losses occurring in
previous years
Deduct all amounts actually received for
salvages whether on losses of the last
or ofprevious year 704144 and all
amounts actually received for reinsur
ance in other companies 16575978
total deductions
930122 40

172801 22214 ComptrollerGenerals Eeport
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 757321
6 Paid for commissions or brokerage 25630
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 79 985
8 Paid for State national and local taxes in this and other
A 4829
J All other payments and expenditures viz Rents 6
79221 advertising printing and stationery 1453736
legal expenses 58700 furniture and fixtures 15606
traveling 2092336 boards and associations 16
28654 surveys and inspections 434649 miscellaneous
expenses 1925365 total 82 8g9
Aggregate amount of actual expenditures during the year
in Cash 1224621
Business in the State of Georgia During the Year
Fire risks written 4 0
23o437
Premiums received gross 9 488
ssesiaid u658
Losses incurred
14164
50
49
82
00
59
68
68
PALATINE INSURANCE CO Ltd OF LONDON ENGLAND
A H Wray Manager
Principal Office in IT S Corner Pine and William Sts New York N Y
John A Whitner Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 500000 0Q
2 Amount paid up in cash 500000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
rVa1U 2589755 00
14 ash in companys principal office 133 87
13 Cash belonging to the company deposited
in banks viz American Exchange Bank
New York 1952762 First National
Bank Chicago 305403 First National
Bank Denver 9920 London Paris
National Bank San Francisco 34ComptrollerGenerals Report 215
02850 total not on interest 5670935
on interest in Morton Trust Company
New York 65963 total deposits 57368 98
Total cash items 57502 85
15 Interest due and accrued on stocks not included in mar
ket value uncollected 29985 37
17 Cash in hands of agents and in course of transmission 325943 06
18 Bill receivable not matured taken for fire marine and
inland risks 1152 67
Due from other companies for reinsurance on losses
already paid 14216 3S
Total assets of the company actual cash market value 3018555 33
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 125859 17
3 Losses resisted including interest costs
and other expenses thereon 370653 00
4 Total gross amount of claims for losses 496512 17
5 Deduct reinsurance thereon 80138 00
6 Net amount of unpaid losses 416374 17
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 110648712 un
earned premiums fifty per cent 553243 56
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 139408532
unearned premiums pro rata 751909 42
11 Total unearned premiums as computed above carried
out 1305152 98
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 23131 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums reinsurances commis
4 72372 11
sions etc
20 Total amount of all liabilities except capital stock scrip
and net surplus 1817030 26216 CompteolleeGenerals Eepoet
23 Surplus beyond capital and all other liabilities 1201 525 07
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3018555 33
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
338779 55
3 Net collected 338779 g5
4 Gross premiums on risks written and re
newed during the year 2 198 254 18
5 Total
6 Deduct premiums and bills in course of
collection at this date
7 Entire premiums collected during the
year
2537033 73
342254 23
2194779 50
8 Deduct reinsurance and return premiums 643 372 5
9 Net cash actually received for premiums carriedout 1 551 406 97
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 on sale of
securities
14 American branches of foreign companies will please re
port amount of remittances from home office during the
year
111724 82
417 30
102031 60
15 Aggregate amount of income actually received during the
year in ash
1765580 6
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 32736421 losses occurring in
previous years r i330372 79
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 972203 and all
amounts actually received for reinsur
ance in other companies 20463276
total deductions
214354 79
Net amount paid during the year for losses 1116018 00
8 Paid for commissions or brokerage 337570 93ComptrollekGenekals Eeport 217
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 93 307 19
8 Paid for State national and local taxes in this and other
States 41508 78
9 All other payments and expenditures viz Travel print
ing stationery boards etc 141565 43
10 American branches of foreign companies will please re
port amount sent to home offices during the year 257622 59
Aggregate amount of actual expenditures during the year
in cash 1987592 92
Business in the State of Georgia During the Year
Fire risks written 2765670 00
Premiums received gross 45 666 00
Losses paid 29470 68
Losses incurred 29 470 68

THE PENNSYLVANIA FIBE INSUBANCE COMPANY OF PHILADEL
PHIA PENNSYLVANIA
B Dale Benson President W Gardner Crowell Secretary
Principal Office 508510 Walnut Street Philadelphia
W E Chapin Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 750000 00j
2 Amount paid up in cash 750000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 142350 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 281750 00
3 Interest due and accrued on all said bond and mortgage
ans 3784 31
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 390205 00
5 Value of buildings mortgaged insured
for 29000000 as collateral 390235 00
6 Total value of said mortgaged premises
carried inside 780440 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 5448780 00
15ins218 ComptrollerGenerals Report
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 222500 00
12 Cash in companys principal office 1044 64
13 Cash belonging to the company deposited
in banks viz First National Bank 36
32774 Philadelphia National Bank
3463742 Drexel Co 5680521 total 127770 37
Total cash items 128815 01
15 Interest due and accrued on stocks not included in mar
ket value uncollected 67807 41
16 Interest due and accrued on collateral loans uncollected 1991 94
17 Cash in hands of agents and in course of transmission 544055 65
Total assets of the company actual cash market value 6841834 32
IIILiabilities
1 Losses not yet due 54715 83
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 273031 26
3 Losses resisted including interest costs
and other expenses thereon 15790 27
4 Total gross amount of claims for losses 343537 36
5 Deduct reinsurance thereon 17118 94
6 Net amount of unpaid losses 326418 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 216663872 un
earned premiums fifty per cent 1083319 30
8 Gross premiums without any deduction
received and recivable upon all unex
pired fire risks running more than one
year from date of policy 361098503
unearned premiums pro rata 1844141 10
11 Total unearned premiums as computed above carried
out 2927460 46
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Amount reclaimable by the insured on per
petual fire insurance policies 918428 03
20 Total amount of all liabilities except eapital stock scrip
and net surplus 4172306 91ComptrollerGenerals Report
219

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 4017746 48
8 Deduct reinsurance and return premiums 875395 53
750000 00
1919527 41
6841834 32
9 Net cash actually received for premiums carried out
Deposit premiums on perpetual risks
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 550860
transfers 60677 gross profit on sale or maturity of
ledger assets viz Bonds 360600 total
3142350 95
26908 29
11554 06
236976 84
9721 37
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses 2136231 34
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 141999 88
3427511 51
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 Miscellaneous
1994231 46
150000 00
734973 25
195320 04
97899 40
144903 18
Aggregate amount of actual expenditures during the year
in cash 3317327 33
Business in the State of Georgia During the Year
Pire risks written
Premiums received gross
Dosses paid
Do3ses incurred
3515346 00
64143 00
40441 03
44315 83220
Comptroller General s Keport
PEOPLES NATIONAL EIRE INSURANCE COMPANY OP PHILADEL
PHIA PENNSYLVANIA
Louis S Amonson President John W Brooks Secretary
Principal Office 305 and 307 Walnut Street Philadelphia Penn
Hughs Yates Attorneys for Service in Georgia
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 712200 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest accrued on said bond and mortgage loans
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 115 05
13 Cash belonging to the company deposited
in banks viz Central Trust and Savings
Co Philadelphia Pa 10853828
Franklin Trust Co Philadelphia 14
31926 Mutual Trust Co Philadelphia
2436200 Home Trust Co Brooklyn
N Y 1316500 total 160384 54
25000 CO
250 00
827487 25
Total cash items 160499 59
15 Interest due and accrued on bonds not included in mar
ket value uncollected 10834 48
Deposit with Insurance Commissioner State of Delaware 5000 00
Total assets of the company actual cash market value 1029071 32
21 Joint stock capital actually paid up in cash 712200 00
23 Surplus beyond capital and all other liabilities 316871 32
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1029071 32
VExpenditures During the Year
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Interest on bonds purchased 767006 discount cash
payment companys stock 200240 rent 120161
advertising and stationery 759085 postage 13017
3419 91CompteollebGenebals Report
221
legal expenses 2500 furniture and fixtures 464422
maps 147000 underwriters and licenses 51600
miscellaneous expenses 55073 total 28276 04
Aggregate amount of actual expenditures during the year
in cash 31695 95
PHOENIX ASSURANCE CO Ltd OF 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
ICapital Stock
1 Amount of capital paid up in cash 3087853 53
4 Extended at
IIIncome
5 Gross premiums 3234593 12
6 Deduct gross amount paid for reinsur
ance 43691278 return premiums
46427765 total 901190 43
3087853 53
7 Total premiums other than perpetual
11 Interest on bonds acquired during 1908
12 Gross interest on deposits in trust compa
nies and banks
2333402 69
95275 00
3335 43
15 Total gross interest and rents
26 Gross profit on sale of bonds
27 Gross increase real estate
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses
including 19347115 occurring in pre
vious years 1546461 04
2 Deduct amount received for salvage 15
70220 reinsurance 24737691 total 263079 11
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous expense
7 Salaries 6304041 and expenses 2921330 of special
and general agents
98610 43
289 33
92344 16
2524646 61
1283381 93
48931 50
464258 87
12746 85
92253 71999
ComptrollerGenerals Report
8 Salaries fees and all other charges of officers directors
trustees and home office employees 131300 10
10 Advertising 233036 printing and stationery 16
59986 total 18930 22
11 Postage telegrams telephone and express 11436 36
12 Legal expenses 435 32
13 Furniture and fixtures 861 13
14 Maps including corrections 4893 37
15 Underwriters boards and tariff associations 40203 06
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 10558 63
17 Inspections and surveys 5074 57
20 State taxes on premiums 44079 69
21 Insurance department licenses and fees 9752 83
22 Local taxes 2085952 advertising required by law
99846 total 21857 98
24 Sundries 440538 exchange 213030 total 6535 68
27 Eemitted to home office 199560 10
37 Agents balances charged off 2 81
38 Gross loss on sale of bonds 1125 00
39 Gross decrease in value of bonds 4050 00
40 Total disbursements 2438193 01
41 Balance 3174307 13
IVLedger Assets
4 Book value of bonds 259416166 and
stocks 223600 total 2596397 66
5 Cash in companys office 858 52
Deposits in trust companies and banks not
on interest 8319706 on interest 136
98624 total deposits 220183 30
8 Agents balances representing business
written subsequent to Oct 1 1908 355733 98
9 Agents balances representing business
written prior to October 1 1908 1133 67
16 Total ledger assets 3174307 13
NonLedger Assets
18 Interest due 2587375 and accrued 830167 on bonds 34175 42
26 Reinsurance due on losses paid 7551 67
28 Gross assets 3216034 22ComptrollerGenerals Eeport
Deduct Assets Not Admitted
223
32 Agents balances representing business written prior
to October 1 1908
1133 67
38 Total admitted assets
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
4 Total
5 Deduct reinsurance due or accrued
28493 00
179419 00
31424 00
239336 00
45619 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy including interest
premiums on perpetual fire risks 1667
30710 unearned premiums fifty per
cent 833653 55
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 199759973
unearned premiums pro rata 1031843 13
11 Excess of original premiums over amount
received for reinsurance 107240 un
earned premiums pro rata 560 28
193717 00
12 Total unearned premiums as computed above
19 Salaries rents expenses bills accounts fees etc due
or accrued
20 State county and municipal taxes due or accrued
22 Reinsurance premiums
27 Total amount of all liabilities except capital
29 Surplus over all liabilities 1127626 41
1866056 96
183 42
25000 00
2316 76
2087274 14
30 Surplus as regards policyholders
31 Total liabilities
1127626 41
3214900 55224 ComptrollerGenerals Eeport
Business in the State of Georgia During the Year
23 Risks written 1181872 00
24 Gross premiums received 20 237 83
25 Losses paid 16 620 79
26 Losses incurred 26 447 79
THE PHOENIX INSURANCE COMPANY OF HARTFORD CONN
D W C Skilton President John B Knox and Thomas C Temple Sees
Home Office No 783 Main Street Hartford Conn
Cliff C Hatclher 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 year
4 Extended at
6995943 87
6995943 87
IIIncome
5 Gross premiums 5717625 93
6 Deduct gross amount paid for reinsurance
fire 40557312 return premiums fire
76055872 total 116613184
7 Total premiums other than perpetual 4551494 09
T Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 559888 accrued interest on
bonds acquired during 1908
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Gross rents from companys property
2788 72
2177 15
295546 39
12362 19
122 72
11472 00
15 Total gross interest and rents
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 1500 stocks 6500 total
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for lossos
including 34515242 occurring in pre
vious years 2570387 95
324469 17
544 87
8000 00
4884508 13ComptrollerGenerals Report
225
2 Deduct amount received for salvage fire
1169769 reinsurance fire 17611905
187816 74
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
34
37
38
39
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 22497927 and expenses 15815504 of special
and general agents and branch office employees
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 688962 printing and stationery 3384081
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 Municipal taxes
and fees
Other disbursements viz Miscellaneous expenses
Paid stockholders for interest or dividends the amount
declared during the year 240000 paid stockholders
tax 40360 total
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz Real
estate 75625 bonds 2697511 stocks 12896
Gross decrease by adjustment in book value of ledger
assets viz Stocks
40 Total disbursements
41 Balance
IVLedger Assets
134356 39
44983 33
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks
or other collaterals 60100 00
4 Book value of bonds 363122367 and
stocks 241397832 total 6045201 99
5 Cash in companys office 7691 38
7 Deposits in trust companies and banks
692025 77
on interest
2382571 21
29820 36
922276 12
383134 31
105984 43
20803 41
40730 43
38563 83
5246 11
2541 01
9326 79
50471 58
13397 62
17074 18
3461 56
1640 00
83632 55
19178 93
19759 41
9927 16
280360 00
203 63
40627 36
6500 00
4487231 99
7393220 01226
ComptrollekGekebals Eepoet
8 Agents balances representing business
written subsequent to October 1 1908 395753 15
9 Agents balances representing business
written prior to October 1 1908 13108 00
16 Total ledger assets 7393220 01
XonLedger Assets
17 Interest due 15450 and accrued 1
06889 on mortgagesj
18 Interest accrued on bonds
19 Interest accrued on collateral loans
20 Interest accrued on other assets
21 Rents accrued on companys property or
lease
1223 39
51361 05
1048 23
3500 00
983 15
Total nonledger assets
58115 82
22 Total assets
23 Market value of real estate over book value
24 Market value of bonds and stocks over book value
26 Gross premiums in course of collection which have not
been carried to ledger account
27 Reinsurance due from other companies on losses paid

7451335 83
6656 99
849682 76
538064 17
1640 15
28 Gross assets
Deduct Assets Not Admitted
8847379 90
32 Agents balances representing business written prior to
October 1 1908 4
13108 0O
38 Total admitted assets 8834271 90
VLiabilities
1 Gross losses adjusted and not yet due 4
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
72984 30
361702 83
32142 80
466829 93
16389 55
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
450440 38ComptkollebGenekals Kepobt
227
12
20
21
22
27
28
29
30
31
premiums on perpetual fire risks 3091
89536 unearned premiums fifty per
cent 1545947 68
Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 463032934
unearned premiums pro rata 2421550 03
Total unearned premiums as computed above 3967497 71
State county and municipal taxes due or accrued 58709 50
Commissions brokerage and other charges due or to be
come due to agents and brokers 96040 52
Return premiums 6198372 reinsurance premiums 30
42549 total 92409 21
Total amount of all liabilities except capital 4665097 32
Capital actually paid up in cash 2000000 00
Surplus over all liabilities 2169174 58
Surplus as regards policyholders 4169174 58
Total liabilities 8834271 90
Business in the State of Georgia During the Year
23
24
25
26
Gross risks written 8152046 less 1120000 risks can
celed net risks written 7032046 00
Gross premiums received 9023676 less 1283449 re
turn premiums net premiums received
Losses paid deducting salvage 5330122 less losses
on risks reinsured in companies authorized in Georgia
1187646 net losses paid
Losses incurred 6260160 less losses on risks reinsured
in companies authorized in Georgia 1337646 net
losses incurred
77402 27
41424 76
49225 14
PHENIX INSURANCE COMPANY OP BROOKLYN NEW YORK
George P Sheldon President Charles F Koster Secretary
Principal Office 16 Court St Brooklyn N Y
H C Stockdell Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 3500000 00
2 Amount paid up in cash 1500000 00228 CompteollekGenerals Eepoet
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 118 000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 546 500 00
3 Interest accrued on all said bond and mortgage loans 4823 34
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 382250 00
5 Value of buildings mortgaged insured
for 248000 as collateral 262750 00
6 Total value of said mortgaged premises
carried inside 645000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
Value 7408373 00
11 Total amount loaned on stocks and bonds and other se
securities except mortgages 91 500 00
12 Cash in companys principal office 335 82
13 Cash belonging to the company deposited
in banks 160723 83
Total cash items 161059 6g
15 Interest due and accrued on stocks not included in mar
ket value uncollected 21 040 74
16 Interest due and accrued on collateral loans and uncol
nleted 1104 17
17 Cash in hands of agents and in course of transmission 1200900 53
All other assets both real and personal 12641 79
Total assets of the company actual cash market value 9565 943 22
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 457339 87
3 Losses resisted including interest costs
and other expenses thereon 44155 00
4 Total gross amount of claims for losses 501494 87
5 Deduct reinsurance thereon 49 702 60
6 Net amount of unpaid losses 451 799 o
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 364129878 un
earned premiums fifty per cent 1820649 39CompteolleeGeneeals Repobt
229
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 837759616
unearned premiums pro rata 4359548 46
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
18 Amount of borrowed money
19 All other demands against the company absolute and
contingent due and to become due admitted and eon
tested viz Return premiums 412400 reinsurance
premiums 1012579 total
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
1 Amount of unearned premiums repre
sented by installment notesbeing the
whole amount of such notes 222191 02
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 9157854 34
6180197 85
4250 W
325000 00
14249 79
6975489 91
1500000 00
1090453 31
5 Total 9157854 34
7 Entire premiums collected during the
year
Deduct reinsurance and return premiums
9157854 34
1798868 35
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 560503
profit on sale of ledger assets 15495 National Bank
of Illinois Chicago final dividend on deposit 1
51748 borrowed money 20000000 total
15 Aggregate amount of income actually received during
the year in cash
7358985 99
27535 42
289561 3
222617 51
7898700 30
230
ComptrollerGenerals Eeport
VExpenditures During the Year
1 Gross amount actually paid for losses in
eluding 60736626 losses occurring in
previous years 4762980 75
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2981331 and all
amounts actually received for reinsur
ance in other companies 31572859
total deductions 345541 90
Net amount paid during the year for losses
Expenses of adjustment and settlement of losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
i 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 Borrowed
money 27500000 agents balances charged off 24
50355 miscellaneous 41395145 total
441 7438 85
166602 77
300000 00
1683765 39
678682 48
163029 64
713515 00
Aggregate amount of actual expenditures during the
year in cash
8123131 ia
Business in the State of Georgia During the Ye
Eire risks written
Premiums received gross
Losses paid
Losses incurred
6902009 00
182405 78
11055a 2S
139355 49
PROVIDENCE WASHINGTON INSURANCE COMPANY OP
PROVIDENCE RHODE D8LAND
J B Branch President A G Beals Secretary
Principal Office 20 Market Square Providence B I
Edwin B Haas Atlanta Attorney for Service in Georgia
LCapital
1 Whole amount of capital stuck
2 Amousi paid up in cash
5IKIO00 00
500000 00ComptrollerGenerals Report
IIAssets
231
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2470878 00
IIILiabilities
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 141413335 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 175207843
unearned premiums pro rata
9 Gross premiums without deduction in
cluding both cash and bills received
and receivable upon all unexpired inland
navigation and marine time hull risks
23190331 at 50 per cent
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks
48347 10
303544 72
23338 09
375229 91
97103 67
278126 24
707066 67
936964 50
115951 65
4434 51
11 Total unearned premiums as computed above carried
out
State county and municipal taxes accrued
1764417 33
48000 00
20 Total amount of all liabilities except capital stock
scrip and net surplus 2090543 57
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 40551 i 2
24 Aggregate amount of all liabilities including capital
s 996 060 82
paid up and net surplus jyouo232
CompteolleeGtenebals Eepoet
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 279634 37
2 Deduct amount of same
not collected 760 00
3 Net collected 278874 37
4 Gross premiums on risks
written and renewed dur
ing the year 2817965 15
87069 90
87069 90
649870 09
5 Total 3096839 52 736939 99
6 Deduct premiums and bills
in course of collection at
tllis date 281391 34 77085 21
7 Entire premiums collected
duirng the year Cash
340921402 notes 66
08894 total 2815448 18 659854 78
8 Deduct reinsurance and re
turn premiums 812435 30 240285 IS
9 Net cash actually received
for premiums carried
out
2003012 88 419569 60 2422582 48
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
New York New Haven Hartford B B Co Eights
to new stock sold
15 Aggregate amount of ineome actually received during the
year in cash t
VExpenditures During the Year
Fire Marine and Inland
1 Cross amount actually paid
t o r losses including
30836051 losses occur
ring in previous years 1500066 09 462770 45
2 Deduct all amounts actually
received for salvages
99437 32
2633 2
2524653 08ComptrollerGenerals Eeport
233
whether on losses of the
last or of previous year
6057186 and all
amounts actually received
for reinsurance in other
companies 43696241
total deductions
339607 64
157926 63
Set amount paid during
the year for losses 1160458 45 304843 82 1465302 27
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 37500 00
6 Paid for commissions or brokerage 492550 13
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 152488 00
8 Paid for State national and local taxes in this and other
States 78809 16
9 All other payments and expenditures viz Balance of
expense account 138243 47
Aggregate amount of actual expenditures during the year
in cash 2364893 03
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
ICapital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 71000 00
3 Interest due and accrued on all said bond and mortgage
loans 1693 47
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 34500 00
5 Value of buildings mortgaged insured
for 7500000 as collateral 75500 00
6 Total value of said mortgaged premises
carried inside 110000 00
16ins234
ComptrollerGenerals Report
3 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 6795044 61
12 Cash in companys principal office 1560 59
13 Cash belonging to the company deposited
in banks viz Commercial Exchange
Bank New York 8094491 Farmers
Loan Trust Co New York 15000000
Royal Trust Co Bank Chicago 111 17
81390 Atlanta National Bank Atlamta
Ga 1592389 First National Bank
San Francisco Cal 416388 Dominion
Bank Montreal Can 274183 Bank of
British North America Halifax N S
16490500 total deposits 274798 06
15 Interest due and accrued on bonds not included in mar
ket value uncollected
16 Interest accrued on bank balances and uncollected
17 Cash in hands of agents and in course of transmission
agents balances representing business subsequent to
Oct 1 1908 only
18 Bill receivable not matured taken for fire marine and
inland risks
Due for reinsurance on losses paid
60105 07
599 16
607001 78
66 00
1490 71
Total assets of the company actual cash market value 7811798 85
Agents balances representing business prior to Oct 1
1908 not included in total assets 3499 53
IIILiabilities
1 Losses adjusted and unpaid 96092 14
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 246616 73
3 Losses resisted including interest costs
and other expenses thereon 56850 00
4 Total gross amount of claims for losses 399558 87
5 Deduct reinsurance thereon 37585 79
5 Net amount of unpaid losses 361973 08
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 29 126762 un
earned premiums fifty per cent 1480633 81
8 Gross premiums without any deduction
received and receivable upon all unexComptrollerGenerals Report
235

pired fire risks running more than one
year from date of policy 391723917
unearned premiums pro rata 2097966 37
11 Total unearned premiums as computed above carried
out 3578600 18
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 22601 96
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes due and accrued 7166815 com
missions due or to become due 1257786 return pre
miums 603378 reinsurance 3002621 total 120306 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 4083481 22
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 2728317 63
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 5578502 59
7811798 85
5 Total 5578502 59
8 Deduct reinsurance and return premiums 1224236 53
9 Net cash actually received for premiums carried out3
10 Received for interest on bonds and mortgages
11 Received for interests and uividends 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 Increase by adjust
ment in book value of stocks
4354266 06
3220 00
255749 12
156 25
15 Aggregate amount of income actually received during the
year in cash 4613391 43
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 27425854 losses occurring in
previous years 2596204 75
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2325954 and all
amounts actually received for reinsur
236
ComptrollebGtenebals Bepobt
ance in other companies 22346366
total deductions 246723 20
Net amount paid to policyholders during the year for
Josses 2349481 55
Expenses of adjustment and settlement of 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 Bents 34
17332 advertising 1612917 printing and stationery
2992372 postage telegrams and express 2979354
legal expenses 65215 furniture and fixtures 273995
maps and corrections 1092357 underwriters boards
and tariff associations 4937761 fire department fire
patrol and salvage corps assessments 2175062 inspec
tions and surveys 1417033 miscellaneous expenses
at head and branch offices 2235346 general traveling
expenses 502566 total 237013 10
51870 21
100000 00
800751 44
437784 71
99599 73
Aggregate amount of actual expenditures during the year
in cash 4076500 74
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
7086615 0
126564 19
93455 5
110090 6
ROCHESTER GERMAN EIRE INSURANCE COMPANY
OF ROCHESTER N Y
Eugene Satterlee President H F Atwood Secretary
Principal Office 1719 Main St West Rochester N Y
A L Brooks Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 500 000 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 609043 ISComptbollebGeneeals Repoet
237

2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all saidbond and mortgage loans 18938
interest accrued thereon 449126 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 22421000
5 Value of buildings mortgaged insured
for 26752500 as collateral 288000 00
6 Total value of said mortgaged premises
carried inside 512210 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 other se
curities except mortgages
12 Oash in companys principal office 638 99
13 Cash belonging to the company deposited
in banks viz National Bank of Roches
ter 37388574 First National Bank of
Chicago 3612380 Bank of Montreal
1707422 Imperial Bank of Canada
767662 total 434760 38
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 viz Market
value of bonds and stocks over book value 3197185
200 shares of German American bank stock 10000
each now in liquidation 200000 total
235615 00
4680 64
879451 90
6000 00
435399 37
4182 71
171452 37
33971 85
Total assets of the company actual cash market value 2379797 02
IIILiabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 154220 68
3 Losses resisted including interest costs
and other expenses thereon 15300 00
4 Total gross amount of claims for losses 169520 68
5 Deduct reinsurance thereon 55610 71
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
113909 97ComptrollerGenerals Eeport
pired fire risks running one year or less
from date of policy 93495560 un
earned premiums fifty per cent
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 119893507
unearned premiums pro rata
467477
659250 05
11
20
21
23
24
1
Total unearned premiums as computed above carried
out
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in cash
iSurplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome JDuring the Year
1126728 31
1240638 28
500000 00
039158 74
2379797 02
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
187836 84
Net collected 187836 84
Gross premiums on risks written and re
newed during the year 2134 306 94
Deduct premiums and bills in course of
collection at this date 171452 37
Entire premiums collected during the
year 2150691 41
Deduct reinsurance and return premiums 804565 22
9
10
11
12
Net cash actually received for premiums carried out 1346126 19
Received for interest on bonds and mortgages 13 076 80
Received for interests and dividends on stock and bonds
collateral loans and from all other sources 52 365 31
Income received from all other sources omitting increase
if any in value of securities viz Rents 6610009
profit local office 886583 liquidation dividend on
German American Bank 300000 agency balances
previously charged off 12500 piofll on sale securities
1530501 total 93 39 93
15
Aggregate amount of income actually received during the
year in cash
1504964 23ComptrollebGenebals Eepoet
239
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 9625547 losses occurring in
previous years 1054683 00
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 628644 and all
amounts actually received for reinsur
ance in other companies 36189201
total deductions 368178 45
Net amount paid during the year for losses 686505 IT
4 wash dividends actually paa stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 372610 44
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 95158 50
8 Paid for State national and local taxes in this and other
States 4979197
9 All other payments and expenditures viz Loss expenses
1288780 rents 1214313 advertising printing and
stationery 1004110 postage etc 1062450 legal
expenses 167716 furniture and fixtures 151074
maps 321844 local boards 2038199 building ex
penses 3470131 miscellaneous expenses 265362
loss of sale of securities 5000 total 109889 7
Aggregate amount of actual expenditures during the year
in cash
1363955 87
Business in the State of Georgia During the Year
Fire risks written 1913834 0O
Premiums received gross 29923 991
Losses paid 51251 79
Losses incurred 53586 79
U S BRANCH OF THE EOYAL FIEE INSURANCE COMPANY 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
ICapital
1 Deposit capital 235000 00240
ComptrollerGenerals Report
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 3836 820 32
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 606 050 00
3 Interest due on all said bond and mortgage loans 7500
interest accrued thereon 1157098 total 11645 98
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 864071 00
5 Value of buildings mortgaged insured
for 36800000 as collateral 601400 00
6 Total value of said mortgaged premises
carried inside 1465471 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 5146082 90
12 Cash in companys principal office and in
branch offices i8g7 95
13 Cash belonging to the company deposited
in banks and Trust companies 359794 19
Total cash items 3gl gg2 ji
15 Interest due and accrued on bonds not included in mar
ket value uncollected 40 g6
17 Cash in hands of agents and in course of transmission 1134803 08
All other assets both real and personal viz Rents due
and accrued 1605919 due from other companies for
reinsurance on losses already paid 5192857 total 67987 76
Total assets of the company actual cash market value 11222551 74
IIILiabilities
1 Losses due and unpaid 119 4gg 97
2 Grose losses in process of adjustment or
in suspense including all reported and
supposed losses 544 414 q0
3 Losses resisted including interest costs
and other expenses thereon 114 805 88
4 Total gross amount of claims for losses 778703 85
5 Deduct reinsurance thereon 141 643 19
6 Net amount of unpaid losses 637 060 6g
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
ComptrollerGenerals Report
241
from date of policy 439866689 un
earned premiums fifty per cent 2199333 44
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 951526426
unearned premiums pro rata 4743791 76
y2 Excess of original premium over amount
received for reinsurance 664373 39
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 221608 20
11 Total unearned premiums as computed above carried
out
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department
13 Amount reclaimable by insured under perpetual polices
17 Duo and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
18 State county and municipal taxes due and accrued
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 2730791 reinsurance
premiums 8952800 commission and brokerage due or
to become due to agents and brokers 857494 total
7164733 40
92495 00
99725 33
67038 36
148055 43
125410 85
20 Total amount of all liabilities except capital stock scrip
and net surplus 8334519 03
21 Deposit capital 235000 00
23 Surplus beyond capital and all other liabilities 2653032 71
24 Aggregate amount of all liabilities including capital paid
up and net surplus 11222551 74
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 10124602 39
5 Total 10124602 39
7 Entire premiums written during the year 10124602 39
8 Deduct reinsurance and return premiums 3002386 42
9 Net cash actually received for premiums carried out 7122215 97
10 Received for interest on bonds and mortgages 33079 61
11 Received for interests and dividends on stock and bonds
and from all other sources 256162 75242
ComptrollerGenerals Eeport
12 Income received from all other sources omitting increase
if any in value of securities viz Gorss rents 324
38836 agents balances previously charged off 5745
profit on sale of bonds 2051667 total 344962 48
14 American branches of foreign companies will please re
port amount of remittances from home office during
the year 647211 56
15 Aggregate amount of income actually received during the
year in cash 8403632 3T
VExpenditures During the Year
1 Gross amount actually paid for losses m
cluding 52866322 losses occurring in
previous years 4619812 96
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 3567235 and all
amounts actually received for reinsur
ance in other companies 76656124
total deductions 802233 59
Net amount paid during the year for losses
3 Expenses of adjustment and settlement of losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and otlher 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 Rentstravel
ing expenses postage advertising maps surveys fire
department taxes and miscellaneous items including
17043751 for taxes and repairs on real estate
American branches of foreign companies will please re
port amount sent to home offices during the year
in
3817579 37
70538 65
1214981 04
696076 02
168792 02
905703 80
2578941 16
Aggregate amount of actual expenditures during the year
in cash d
9452612 06
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
6409166 03
92159 82
86181 50
89511 50ComptrollerGenerals Report 243
ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON ENG
U C Crosby General Manager
Principal Office in United States 92 William St New York City
A L Brooks Atlanta Attorney for Service in Georgia
IIAssets
9 Total par and market value of stocks and ibonds owned
absolutely by the company carried out at market
value 1784774 00
12 Cash in companys principal office 483 11
13 Cash belonging to the company deposited
in banks viz Hanover National Bank of
New York 1344562 Union Trust Co of
New York subject to order of trustees
solely 12500000 Brown Bros Co
New York 5017546 total 188621 08
Total cask items 189104 19
15 Interest due and accrued oh bonds not included in mar
ket value uneollected 22177 36
17 Cash in hands of agents and in course of transmission
agency balances 414366 63
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 40132 12
Total assets of the company actual cash market value 2450554 30
IIILiabilities
1 Losses due and unpaid 4500 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 115612 00
3 Losses resisted including interest costs
and other expenses thereon 28728 00
4 Total gross amount of claims for losses 148840 00
5 Deduct reinsurance thereon 39748 00
6 Net amount of unpaid losses 109092 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 126297882 un
earned premiums fifty per cent 631489 41
8 Gross premiums without any deduction
received and receivable upon all unex244
CompteollebGenebals Eepobt
pired fire risks running more than one
year from date of policy 132668462
unearned premiums pro rata 699046 47
8a Excess of original premiums over amount
received for reinsurance 202 196 55
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 eon
tested viz Reinsurance premiums unpaid 452055
taxes on premiums accrued estimated 2050000
total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Deposit capital
23 Surplus beyond capital and all other liabilities
1532732 43
25020 55
1666844 98
200000 00
583709 32
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 year sstatement 223 201 06
2450554 30
3 Net collected g 223 Ol 06
4 Gross premiums on risks written and re
newed during the year 2 422 858 93
5 Total 2646059 99
6 Deduct premiums and bills in course of
collection at this date 414 3gg 03
7 Entire premiums collected during the
year 2231693 36
8 Deduct reinsurance and return premiums 738 993 62
9 Net cash actually received for premiums carried out
11 Heceived 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 remittance from home office during the
year
1492699 74
75373 14
49510 95
15 Aggregate amount of income actually received during the
year in cash
1617583 83ComptrollerGenerals Report
245
VExpenditures During the Year
Gross amount actually paid for losses in
eluding 4468804 losses occurring in
previous years
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 654811 and all
amounts actually received for reinsur
ance in other companies 19189181
total deductions
912248 16
198439 92
Net amount paid during the year for losses
3a Less adjustment 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 AW other payments and expenditures viz Rent 777000
traveling 2307945 advertising and stationery 11
59987 postage 902005 legal expenses 117603
furniture and fixtures 55699 maps 492760 inspec
tion 2367014 statutory fees 1029896 fire depart
ment etc 1400360 miscellaneous 1432525 total
10 American branches of foreign companies will please re
port amount sent to home offices during the year
713808 24
14151 35
465080 61
97180 39
21632 34
120427 94
192191 32
Aggregate amount of actual expenditures during the year
in cash 1624472 19
Business in the State of Georgia During the Year
Fire risks written 1462836 00
Premiums received gross 22117 75
Losses paid 14079 18
Losses incurred 16709 51
SCOTTISH UNION AND NATIONAL FIRE INSURANCE COMPANY
OF EDINBURGH SCOTLAND
James H Brewster U S Manager
Principal Office 36 Pearl Street Hartford Conn
W R Hoyt Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital deposit 200000 Oft246
CompteolleeGesteeals Eepoet
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbranees thereon 3
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 5
89781 interest accrued thereon 182628 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 329100 00
5 Value of buildings mortgaged insured
for 48250000 as collateral 652 900 00
90706 42
429812 50
7724 09
3919041 25
6 Total value of said mortgaged premises
carried inside 982000 00
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 banks viz
First National Bank San Francisco 221957 National
Exchange Bank Hartford Conn 12030710 Lakeshore
Bank Trust Co Cleveland 500000 Aetna National
Bank Hartford Conn 513611 Union Savings
Loan Co Cleveland 1000000 Imperial Bank of
Canada Toronto Ont 2601274 total deposits 168675 5
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
Interest due and accrued on other assets not included
above
55553 70
451847 32
270 68
Total assets of the company actual cash market value 5121231 48
111Liabilities
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 182884 37
3 Losses resisted including interest costs
and other expenses thereon 35 71100
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
218595 17
55464 75
6 Net amount of unpaid losses 163 130 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 156477466 un
earned premiums fifty per cent
782387 33ComptrollerGenerals Eeport
247
3 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 218659604
unearned premiums pro rata 1118654 51
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due agents and brokers
6009034 return premiums 4285931 reinsurance
7224854 total
20 Total amount of all liabilities except capital stock scrip
and net surplus 2275370 45
21 Deposit capital 200000 00
23 Surplus beyond capital and all other liabilities 2648861 03
1901041 81
36000 00
175198 19
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5124231 48
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 271134 01
3 Net collected 271134 01
4 Gross premiums on risks written and re
newed during the year 3327138 01
5 Total 3598272 02
6 Deduct premiums and bills in course of
collection at this date 276073 14
7 Entire premiums collected during the
year 3322198 88
8 Deduct reinsurance and return premiums 1336213 94
9 Net cash actually received for premiums carried out 1985984 94
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 703740
20412 S7
137806 78248
ComptrollerGenerals Eeport
interest from banks etc 320296 profit sale real
estate and bonds 57967 total
15 Aggregate amount of income actually received during the
year in casili
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 24798245 losses occurring in
previous years i573896 87
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 276118 and all
amounts actually received for reinsur
ance in other companies 47599743
total deductions
478758 61
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
9 All other payments and expenditures viz Miscellaneous
underwriting expenses 10510521 expenses on real
estate 394518 profit and loss items 234701 total
10 American branches of foreign companies will please re
port amount sent to home offices during the year
10820 03
2155024 62
1095138 26
56559 71
421678 88
123370 22
70924 98
111397 40
22641 83
Aggregate amount of actual expenditures during the ye
in cash
Business in the State of Georgia During the Year
Fire risks written h
Premiums received gross
Losses paid
Losses incurred
1901711 28
3323006 00
33850 95
22864 93
24969 25
SEABOARD EIRE AND MARINE INSURANCE COMPANY OP
GALVESTON TEXAS
B Adoue President t ir t v i
H Langbehn Secretary
Principal Office 2102 Strand Galveston Texas
Wm A Wright Atlanta Attorney for Service in Georgia
1Capital
1 Whole amount of capital stock 250 000 Q
Amount paid up in cash 250000 00ComptrollerGenerals Eeport
249

IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 59221 72
3 Interest due and accrued on all said bond and mortgage
loans 6518 57
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 77795 52
o Value of buildings mortgaged insured
for 1240000 as collateral 45500 00
6 Total value of said mortgaged premises
carried inside 123295 52
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 285342 50
12 Cash in companys principal office 226 98
13 Cash belonging to the company deposited
in banks viz Hutchings Sealy Co
2201157 Adou Lobit 27500 total 49511 57
Total cash items
16 Interest due and accrued on bank deposit
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
Union Fire Insurance Co 030 Ohio German Fire In
surance Co 3039 paid in Jan 1909 Washington
Fire Insurance Co 888 total
49738 55
478 80
32190 24
39 57
Total assets of the company actual cash market value 433529 95
IIILiabilities
1 Losses due and unpaid 8386 15
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 3466 25
3 Losses resisted including interest costs
and other expenses thereon 4050 00
4 Total gross amount of claims for losses 15902 40
5 Deduct reinsurance thereon 1725 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 12348229 un
earned premiums fifty per cent 61741 15
14177 40
17ins250
ComptrollebGeneeals Repoet
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 5997353
unearned premiums pro rata
380G6 19
11 Total unearned premiums as computed above carried
out
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 Giross premiums on risks written and
renewed during the year 231897 85
5 Total 231897 85
7 Entire premiums collected during the
year 231897 85
8 Deduct reinsurance and return premiums 69895 36
9 Net casih 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
15 Aggregate amount of income actually received during
the year in cash 182708 59
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 206902 losses oceurring in
previous years 69117 68
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 99567 and all
i mounts actually received for reinsur
ance in other companies 618755 total
deductions 7183 22
Net amount paid during the year for losses
6 Paid for commission or brokerage
99807 34
113984 74
250000 00
69545 21
433529 95
163002 49
18638 43
2067 67
62234 46
10153 99ComptrolleeGenebals Keport 251
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 25871 36
8 Paid for State national and local taxes in this and
other States g 069 10
9 All other payments and expenditures viz Ins dept
licenses and fees 417005 general expenses 10
22685 total US9G 90
Aggregate amount of actual expenditures during the
year in cash 149025 81
Business in the State of Georgia During the Year
Tire risks written 294 897 00
Premiums received gross 4 737 15
Losses paid 35 45
losses incurred 3 735 45
SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CONN
John W Ailing President Victor Roth Secretary
Principal Office 31 Center Street New Haven Conn
Dan B Harris Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of ineumbranees thereon 90500 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 109600 00
3 Interest accrued on all said bond and mortgage loans 1167 36
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 97930 00
5 Value of touildings mortgaged insured for
104100 as collateral 136150 00
6 Total value of said mortgaged premises
carried inside 234080 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1817219 00
11 Total amount loaned on stocks and bonds and other se
curities except mortgages 60800 00252 ComptrollerGenerals Eeport
12 Cash in companys principal office 4023 26
13 Cash belonging to the company deposited
in banks 46717 22
Total cash items 50740 48
15 Interest due and accrued on bonds not included in mar
ket value uncollected 3870 80
16 Interest due and accrued on collateral loans and uncol
lected 441 93
17 Unpaid agents balances 205313 66
18 Bill receivable not matured taken for fire marine and
inland risks 9137 36
All other assets both real and personal viz Rents
due and accrued 135 4Z
Casih deposited with Philadelphia Underwriters Associa
tion 100 0O
Reinsurance due on losses 1472 62
Total assets of the company actual cash market value 2350498 6S
IIILiabilities
1 Losses due and unpaid 32213 05
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 116294 41
3 Losses resisted including interest costs
and other expenses thereon 16978 50
4 Total gross amount of claims for losses 165485 96
5 Deduct reinsurance thereon 31055 52
6 Net amount of unpaid losses 134430 44
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 778149 68 un
earned premiums fifty per cent 389074 84
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 156408534
unearned premiums pro rata 843613 28
11 Total unearned premiums as computed above carried
out 1232 688 12
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 22000 00iComptrollerGenerals Report
253
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz 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
784 40
500000 00
460595 72
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2350498 68
IVIncome During the Year
Fire Marine and Inland
4 Gross premiums on risks
written and renewed dur
ing the year 1932065 16
8 Deduct reinsurance and re
turn premiums 608148 40
23 45
131 92
9 Net cash actually received
for premiums carried
out 1323916 76 108 47
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 345000
borrowed money 80000 profit and loss account old
checks not deposited by payee 50 old premium note
4947 total
1323808 29
5680 13
81509 34
83499 97
15 Aggregate amount of income actually received during
the year in cash
1494497 73
VExpenditures During the Year
1 Gross amount actually paid
for losses including 151
88770 losses occurring in
previous years
2 Deduct all amounts actual
ly received foir salvages
whether on losses of the
last or of previous year
649975 and all amounts
actually received for re
tire Marine and Inland
856712 23
0172 10254
ComptrollerGenerals Report
insurance in other com
panies 17362988 total
deductions
176844 25
3285 38
Net amount paid during
the year for losses 679867 98 2886 72
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
Other disbursements
682754 70
60000 0O
300688 30
121272 42
49006 29
178461 34
Aggregate amount of actual expenditures during the
year in cash 1392183 05
Business in the State of Georgia During the Year
Eire risks written
Premiums received gross
Losses paid
Losses incurred
483238 00
7603 18
401 24
1001 24
SHAWNEE FIRE INSURANCE COMPANY OF TOPEKA KANSAS
Joab Mulvane President H S Morgan Secretary
Principal Office 701703 Jackson St Topeka Kans
Tlios I Lynch Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200 000 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 45 000 001
2 Loans on mortgage duly recorded and being first liens on
the fee simple 704535 00
3 Interest due on all said mortgage loans 24717 interest
accrued thereon 1051244 total 10759 61
9 Totail par and market value of stocks and bonds owned
absolutely by the company carried out at market
vlm 435167 60
11 Total amount loaned on stocks and bonds and all other se
curities except mortgages 6 000 00CompteollebGeneeals Repobt 255
12 Cash in companys principal office 7446 70
13 Cash belonging to the company deposited
in bank viz Bank of Topeka 51367 97
Total cash items 58814 67
15 Interest due and accrued on bonds not included in mar
ket value uncollected 3935 93
16 Interest due and accrued on collateral loans and uncol
lected 24 60
17 Cash in hands of agents and in course of transmission 189246 67
18 Bill receivable not matured taken for fire marine and
inland risks 2862 92
Total assets of the company actual cash market value 1456347 00
ItLiabilities
1 Losses due and unpaid 31045 75
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 85624 88
4 Total gross amount of claims for losses 116670 63
5 Deduct reinsurance thereon 13195 73
6 Net amount of unpaid losses 103474 90
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 55386054 un
earned premiums fifty pe cent 276930 27
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 121602014
unearned premiums pro rata 647918 97
11 Total unearned premiums as computed above carried
out 924849 24
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 3905 84
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due and
accrued 1280000 reinsurance premiums 630592 19105 92
20 Total amount of all liabilities except capital stock scrip
and net surplus 1051335 90
21 Joint stock capital actually paid up in cash 200000 09256
CompteollebGtenebals Eepoet
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 1834629 41
8 Deduct reinsurance and return premiums 47254 74
205011 10
1456347 00
9 Net cash actually received for premiums carried out
10 Received for interest on 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
Agents balances previously charged off
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 2699891 losses occurring in
previous years 862088 92
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 307462 and all
amounts actually received for reinsur
ance in other companies 9121087
total deductions 94 285 49
128774 67
48871 43
19596 87
6042 90
117 99
1362003 86
Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
C 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 2
240 advertising and printing 2291773 postage tele
grams express 993699 legal expenses 216066 fur
niture and fixtures 1105687 maps 340513 under
writers boards inspections etc 1035034 repairs on
Teal estate 24 Hi72 agents balances charged off
15161 adjusting expense 513364 total
707S03 43
30000 00
371380 89
772 92
48898 72
59949 69ComptrollerGenerals Eeport 257
Aggregate amount of actual expenditures during the
year in cash 1355985 65
Business in the State of Georgia During the Year
IFire risks written 581139 00
Premiums received gross 10333 15
Losses paid 4432 00
Losses incurred 3351 33
SOUTHERN FIRE INSURANCE COMPANY Inc OF LYNCHBURG VA
J Gordon Payne President Holmes Cummins Secretary
Principal Office 214 and 216 Ninth St Lynchburg Va
F C Robinson Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 200000 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 157000 00
3 Interest accrued on all said bond and mortgage loans 2891 53
4 Value of lands mortgaged inclusive of
buildings and perishable improvements 506000 00
5 Value of buildings mortgaged insured for
207765 as collateral
6 Total value of said mortgaged premises
carried inside 506000 00
9 Total par and market value of stocks and bonds owned
albsolutely by the company carried out at market
value 129050 00
11 Total amount loaned on stocks and bonds and all other se
curities except mortgages 66630 00
12 Cash in companys principal office 7475 37
13 Cash belonging to the company deposited
in banks viz First Nat Bank of
Richmond Va First Nat Bank of
Uynchburg Va Peoples Nat Bank of
Lynchburg Va National Exchange Bank
of Lynchburg Va American Nat Bank
of Lynchburg Va Lynchburg Nat Bank
of Lynchburg Va 57520 62 258
ComptrollerGenerals Eeport
Total cash items
15 Interest due and accrued on stocks and bonds not in
cluded in market value uncollected
1C Interest due and accrued on collateral loans and uncol
lected
Interest accrued on bank balances and other assets
17 Cash in hands of agents and in course of transmission
Stationery and supplies 3 404 50
Furniture and maps 4 141 gg
64995 99
1516 66
67 34
319 93
67388 69
Total
7546 24
Total assets of the company actual cash market value 497406 38
Deduct Assets Not Considered Admitted
Loans on companys stock 9 830 00
Stationery and supplies 3 404 56
Furniture and maps 4 141 g
Agents balances representing business
written prior to Oct 1 190S 499 71 10875 95
Total admitted assetsg 4gg 53q 43
IIILiabilities
1 Losses unpaid not yet due 31 igg 59
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 14 320 77
3 Losses resisted including interest costs
and other expenses thereon 2 000 00
4 Total gross amount of claims for losses 47509 36
5 Deduct reinsurance thereon 4 412 60
6 Net amount of unpaid losses 43 qqc rg
7 Gross premiums without any deduct ion
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 23159015 un
earned premiums fifty per cent 115795 07
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than oneComptroller General s Eeport
259
year from date of policy 12939927
unearned premiums pro rata
82294 64
11
16
20
21
23
24
Total unearned premiums as computed above carried
out
Cash dividends to stockholders remaining unpaid
Percentage taxes on premiums due or accrued
Reinsurance premiums net
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actuallypaid 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 52006 01
Deduct amount of same not collected 3 20
Net collected 52002 81
Gross premiums on risks written and re
newed during the year 437971 62
198089 71
730 00
4047 40
2581 17
248545 04
200000 00
37985 39
486530 43
Total 489974 43
Deduct premiums and bills in course of
collection at this date 67388 69
Entire premiums collected during the
year 422585 74
Deduct reinsurance and return premiums 127794 71
9
10
11
15
Net cash actually received for premiums carried out
Received for interest on bonds and mortgages
Received for interests and dividends on stock and bonds
collateral loans and from all other sources
Gross profit on sale of stock
Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
Gross amount actually paid for losses in
cluding 2349945 losses occurring in
previous years 199261 14
294791 03
7978 01
10136 48
1342 50
314248 02260
ComptbollebGenebals Repobt
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 288404 and all
amounts actually received for reinsur
ance in other companies 2036060
total deductions
23484 64
Net amount paid during the year for lossesj
Expenses of adjustment and settlement of losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20
000
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
175776 50
2586 47
19270 00
65207 20
30706 17
12645 70
17007 27
Aggregate amount of actual expenditures during the
year in cash 323199 31
Business in the State of Georgia During the Year
Fire risks written Cancellations deducted 941245 00
Premiums received gross Return premiums only deducted 23272 18
Losses paid s 049 17
Losses incurred
10069 77
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS GA
Billups Phinizy President A E Griffith Secretary
Principal Oflice College Avenue Athens Ga
ICapital
This is a mutual company having no capital stock
Ms assets at present market value amount to 1 118 386 64
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 62 258 89
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
vallu 826388 00
13 Cash belonging to the company deposited in banks viz
National Bank of Athens 369946 Georgia National
Bank of Athens 335853 total 7057 99ComptrollerGenerals Eeport
261
15 Interest due and accrued on stocks not included in mar
ket value uncollected 15911 83
17 Cash in hands of agents and in course of transmission 6769 93
Total assets of the company actual cash market value
IIILiabilities
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 9178 15
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 35084825 un
earned premiums fifty per cent 175424 12
11 Total unearned premiums as computed above earned
out
18 Amount of borrowed money
1118336 64
9178 75
175424 13
50000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus
22 Scrip outstanding
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVIncome During the Year
7 Entire premiums collected during the
234602 88
131942 10
751841 66
1118386 64
year
8 Deduct return premiums
354773 53
3925 28
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 viz Profit and loss
350848 25
37212 80
3453 m
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 197000 losses occurring in pre
391514 1262 ComptrollebGenebals Eepoet
Vi0USyearS 110271 66
Net amount paid during the year for losses lln7 s
5 Scrip or certificates of profits redeemed in cash 20i jno 9
6 Paid for commissions T
7 Paid for salaries fees and other chargesofofficers
clerks agents and all other employees 15 910 00
8 Paid for State national and local taxes in this and other
States
9 All other payments and expendituresvizRealestate
expense account 59946 underwriting expense ac
count 362160 total Qf
Aggregate amount of actual expenditures during the year
in cash
395145 57
Business in the State of Georgia During the Year
IFire risks written
premiums received gross 6ZZll
Losses paid 4
Losses incurred 11027166
117480 41
SPRINGFIELD FIRE AND MAKINE INSURANCE COMPANY OF
SPRINGFIELD MASS
A W Damon President V T nr 1
w J Mackay Secretary
1 nncipal Offrce 195 State St Springfield Mass
tristopher L Stoney Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of eapitaKpaid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 7390 426 54
4 Extended at
7390426 54
IIIncome
J Gross Piums 6601459 90
6 Deduct gross amount paid for reinsurance 1 67635 35
7 Total premiums other than perpetual 4925108 55
ss mteresl on mortgage loans i7o 7
10 Gross interest on collateral loans
11 Gross interest on iis and dividends on
stocks less 259262 accrued interest on
bonds during 1908
300 00
219363 10ComptbollekGenekals Keport

12 Gross interest on deposits in trust com
panies and banks 19307 62
14 Gross rents from companys property in
cluding 1500000 for companys occu
pancy of its own buildings 15000 00
15 Total gross interest and rents 297650 45
16 From other sources viz Northern Pacific Railway ex
tended dividend 1126 on 700 shares 788200 Port
land Ore real estate charged to profit and loss in 1907
61500 funds held for Munich Reinsurance Co under
contract 21219682 total 220693 82
25 From agents balances previously charged off 70 51
26 Gross profit on sale of stocks 1200 00
28 Total income 5444723 33
IIIDisbursements
1 Gross amount paid policyholders for losses
including 41197921 occurring in pre
vious years 2993507 09
2 Deduct amount received for salvage 18
65349 reinsurance 41694555 total 435599 04
3 Net amount paid policyholders for losses 2557908 05
4 Expenses of adjustment and settlement of losses 27257 76
5 Commissions or brokerage 942647 27
6 Allowances to local agencies for miscellaneous agency
expenses 28748 37
7 Salaries 14128464 and expenses 9398328 of special
and general agents 235267 92
8 Salaries fees and all other charges of officers directors
trustees and home office employees 257382 61
9 Rents including 1500000 for companys occupancy of
its own buildings 38040 09
10 Advertising 2111990 printing and stationery 41
85764 total 62977 54
11 Postage telegrams telephone and express 21621 11
12 Legal expenses 5122 09
13 Furniture and fixtures 25355 34
14 Maps including corrections 14253
15 Underwriters boards and tariffassociations 57163 76
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 31145 52
17 Inspection and surveys 238
18 Repairs and expenses other than taxes on real estate 1317 96
19 Taxes on real estate 3875 00
20 State taxes on premiums 82999 68264
COMPTKOLLEE GENERALs EePOET
21 Insurance department licenses and fees
22 All otherlicenses fees and taxes viz Massachusetts
franchise tax 2653894 county and municipal taxes
1577107 total
25 Sundry supplies and incidental account 1994020
interest paid Munich Reinsurance Co per contract
799988 total
34 Paid stockholders for interest or dividends amount de
clared during the year
37 Agents balances charged off
38 Gross loss on sale of stocks
39 Gross decrease in value of real estate 5000000 stocks
788200 total
23521 87
42310 01
27940 08
200000 00
4951 39
34140 26
57882 00
40 Total disbursements
41 Balance
4807664 74
8027485 IS
IVLedger Assets
1 Book value of real estate 300000 00
2 Mortgage loans on real estate first liens 935620 00
3 Loans secured by pledge of bonds stocks
or other collateral 6 000 00
4 Book value of bonds 151753444 and
stocks 374597047 total 5263504 91
i ash in companys office
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to October 1 1908
9 Agents balances representing business
written prior to October 1 1908
1185 28
225888 25
413580 21
876415 93
5290 55
16 Total ledger assets 8027485 13
iiii Ledger Assets
17 Interest due 11250 and accrued 21
30734 on mortgages 21479 84
IS Interest accrued on bonds 25 827 45
19 Interest accrued on collateral loans 150 00
22 Total
24 Market value of bonds and stocks over book value

1757 29
450282 09
28 Gross assets
8525224 51ComptbollebGenebals Eepoet 26a
Deduct Assets Not Admitted
32 Agents balances representing business written prior to
October 1 j 908 5 090 55
38 Total admitted assets
8519933 96
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
62610 18
271833 09
29692 84
4 Total 364136 11
5 Deduct reinsurance due or accrued 50708 52
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running one year or less from date
of policy including intrest premiums on
perpetual fire risks 342440983 un
earned premiums fifty per cent 1712204 92
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks running more than one year from
date of policy 434800743 unearned
premiums pro rata 2319814 94
313427 59
12 Total unearned premiums as computed above
19 Salaries rents expenses bills accounts fees etc due or
accrued
20 State county and municipal taxes due or accrued
24 All other liabilities viz Funds held for Munich Rein
surance Co under treaty 21219682 interest accrued
on same 419470 total
4032019 86
7962 67
46231 69
216391 52
27 Total amount of all liabilities except capital
28 Capital actually paid up in cash 2000000 00
29 Surplus over all liabilities 1903900 63
4616033 3a
30 Surplus as regards policyholders
31 Total liabilities
8519933 96
18ins266
ComptrollerGenerals Eeport
Business in the State of Georgia During the Year
Fire risks written 4239833 00
Premiums received gross 57959 45
Losses paid 31945 54
Losses incurred 34251 04
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF
ST PAUL MINN
O H Bigelow President A W Perry Secretary
Principal Office Corner 5th and Washington Sts St Paul Minn
J L Riley Atlanta Attorney for SeTvice in Georgia
ICapital
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 350180 48
2 Loans on bond and mortgage duly recorded and being
the first liens on the fee simple 001920 00
3 Interest due on all said bond and mortgage loans 28150
interest accrued thereon 2903806 total 9319 56
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 422360 00
5 Value of buildings mortgaged insured
for 66480000 as collateral 929790 00
6 Total value of said mortgaged premises
carried inside 1352150 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3753333 34
12 Cash in companys principal office 6430 82
13 Cash belonging to the company deposited
in banks viz Merchants National
Bank St Paul Minn 13687687
National GermanAmerican Bank Si
Paul Minn 5313305 Astor Trust Co
New York N Y 2141279 Roberts
Lubbock Co London England 33
43114 Wenlt Co London England
55375 Klein wort Sons Co Lon
don England 86839 total deposits 246275 99ComptbollebGenebals Repobt
267
Total cash items
17 Gash 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 Due from
other companies for reinsurance Atlantic Mutual Ins
Co New York 21724 India Mutual Ins Co Boston
173 London Lloyds London 63983 Michigan Millers
Ins Co Lansing 77597 New Brunswick Fire Ins Co
New Brunswick 280 total
252706 81
426209 98
14947 95
3637 57
Total assets of the company actual cash market value 5430255 69
IIILiabilities
1 Losses due and unpaid 42 224 47
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 215430 05
3 Losses resisted including interest costs
and other expenses thereon 29002 00
4 Total gross amount of claims for losses 286656 52
5 Deduct reinsurance thereon 17341 10
6 Net amount of unpaid losses 269 315 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 173774770 un
earned premiums fifty per cent 868873 85
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 245015080
unearned premiums pro rata 124769 93
9 Gross premiums without any deduction
including both cash and billsj received
and receivable upon all unexpired inland
navigation and marine risks 124769 93
11 Total unearned premiums as computed above carried
out 62384 97
12 Net premiums reserve and all other liabilities except capi
tal under the life insurance or any other special depart
ments 3381409 62
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due or268
ComptrollerGenerals Report
accrued 5000000 commissions brokerage and other
charges due or to become due to agents or brokers
250834 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
52508 34
3703233 38
500000 00
1227022 31
5430255 69
IVIncome During the Year
Fire Marine and Inland
4 Gross premiums op risks
written and renewed dur
ing the year 4812855 11 864782 23
8 Deduct reinsurance and re
turn premiums 945462 83 347314 54
9 Net cash actually received
for premiums carried
out 3867392 28 517467 69
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
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 2013906
deficiency judgment mortgage foreclosure 56913
profit on sale of bonds and stocks 195700 other items
17054 total
15 Aggregate amount of income actually received during the
year in cash
4384859 97
33967 71
186289 35
22835 73
4627952 76
VExpenditures During the Year
1 Gross amount actually paid
for losses including
42510773 losses occur
ring in previous years
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
3802328 and all
Fire Marine and Inland
2669307 93 749038 18ComptrollerGenerals Report
269
amounts actually received
for reinsurance in other
companies 58282299
total deductions
268874 36
351971 91

Net amount paid during
the year for losses 2400433 57 397066 27 2797499 84
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 1028163 54
7 Paid for salaries fees and other charges of officers clerks
agents antl all other employees 216123 87
8 Paid for State national and local taxes in this and other
States 114303 89
9 All other payments and expenditures viz Adjusting
5547177 rent 649000 advertising printing sta
tionery postage telegrams telegraph and express
4588741 legal expenses 675140 furniture and fix
tures maps 968170 boards inspections and surveys
2355231 and other disbursements 2459227 total 172426 86
Aggregate amount of actual expenditures during the year
in cash 4378518 00
Business in the State of Georgia During the Year
Fire risks written 7095890 00
Premiums received gross 68268 15
Losses paid 33460 38
Losses incurred 37393 16
UNITED STATES BRANCH SUN INS OFFICE OF LONDON ENG
J 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 25000 00
3 Interest accrued on all said bond and mortgage loans 208 33
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 25000 00
270 ComptrollerGenerals Eeport
5 Value of buildings mortgaged insured
for 1000000 as collateral 17500 00
6 Total value of said mortgaged premises
carried inside 42500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3031274 42
12 Cash in companys principal office 413 02
13 Cash belonging to the company deposited
in bank 245360 25
Total cast items 245 773 27
15 Interest due and accrued on stocks not included in mar
ket value uncollected 38895 30
17 Cash in hands of agents and in course of transmission 397977 02
All other assets both real and personal viz Rents due
and accrued y 310 57
Total assets of the company actual cash market value 4011445 01
IIILiabilities
1 Losses due and unpaid 79447 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 142333 00
3 Losses resisted including interest costs
and other expenses thereon 12700 00
4 Total gross amount of claims for losses 234480 00
5 Deduct reinsurance thereon 10285 00
6 Net amountof unpaid losses 224195 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 190832416 un
earned premiums fifty per cent 984162 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 284659719
unearned premiums pro rata 1478102 69
11 Total unearned premiums us computed above carried
ott 2462264 77
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 2 166 97ComptrollerGenerals Report
271

19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State county and municipal taxes due or
acerued 5605790 reinsurance 567083 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
7 Entire premiums collected during the
year 3489680 15
8 Deduct reinsurance and return premiums 686784 68
61728 73
4011445 01
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages 1520 82
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 123072 05
12 Income receivedfrom all other sources omitting increase
if any in value of securities viz Rents 1097567
profit on sale bonds and stocks 1629816 total 27273 83
14 American branches of foreign companies will please re
port amount of remittances from home office during
the vear 5706 78
15 Aggregate amount of income actually received during
the year in cash 2960468 95
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 19925500 losses occurring in
previous years 1638012 78
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 718852 and all
amounts actually received for reinsur
ance in other companies 7234835
total deductions 79536 88
Net amount paid during the year for losses 1558475 90
4 Expenses of adjustment and settlement of losses 38326 45
5 Underwriters boards and tariff associations 55140 59
6 Paid for commissions or brokerage 628210 04
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 167712 87272 ComptrollerGenerals Report
8 Paid for State national and local taxes in this and other
States 89881 70
9 All other payments and expenditures viz Advertising
printing and s ationery maps rents allowances etc 114419 00
10 American branches of foreign companies will please re
port amount sent to home offices during the year 301262 45
Aggregate amount of actual expenditures during the year
iu eash 2953429 00
Business in the State of Georgia During the Year
Tire risks written 4004580 00
Premiums received gross 39 937 35
Losses paid 46478 03
Losses incurred 43 054 79
SUN FIRE INSURANCE COMPANY OP NEW ORLEANS LA
Charles Janvier President William P Mans Secretary
Principal Office 308 Camp St New Orleans La
John A Whitner Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock goo qoo 00
2 Amount paid up in cash 500000 00
IIAssets
1 Market value of real estate owned by the company less
amount of incumbrances thereon 40 000 00
9 Total par and markel value of stocks and bonds owned
absolutely by the company carried out at market
value 1075607 50
12 Cash 111 companys principal office 69 13
13 Cash belonging to the company deposited
in bank 12450 70
Total cash items 12 519 83
17 Cash in hands of agents andin course of transmission 37232 56
Total assets of the company actual cash market value 1165 359 89
IIILiabilities
1 Losses adjusted not yet due 9791 69
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 48300 08ComptrollerGenerals Report
273
3 Losses resisted including interest costs
and other expenses thereon
3286 10
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
61377 87
7734 16
6 Net amount of unpaid lossessj
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 40356682 un
earned premiums fifty per cent 201783 41
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 39214678
unearned premiums pro rata 220618 37
11 Total unearned premiums as computed above carried
out
14 Amount of dividends declared but not yet
due 25000 00
15 Dividends declared and remaining unpaid
or uncalled for 700 00
53643 71
422401 78
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 Reinsurance premiums
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint capital stock actually paid up in cash
23 Surplus beyond capita and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1165359 89
25700 00
5115 83
506861 32
500000 00
158498 57
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
3 Net collected
4 Gross premiums on risks
88720 93
88720 93274
ComptrollerGeneral s Eepobt
written and renewed dur
ing the year S92937 04 3477179
5 Total 981657 97 34771 79
6 Deduct premiums and bills
in course of collection at
this date 37232 56
7 Entire premiums collected
during the year cash
97919720 944425 41 3477179
8 Deduct reinsurance and re
turn premiums 306928 44 6736 60
9 Net cash actually received
for premiums carried
out 63749697 28035 19
10 Received for interest on bonds
1 1 Heeeived for interests and dividends on stock
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 300000
bills payable 19800000 total
15 Aggregate amount of income actually received during
the year in cash
665532 16
35020 0O
9656 00
201000 00
911208 IS
VExpenditures During the Year
1 Gross amount actually paid
for losses including 44
69261 losses occurring in
previous years
2 Deduct all amounts actu
ally received for salva
ges whether on losses of
the last or of previous
year 327501 and all
amounts actually received
for reinsurance in other
companies 9012715 to
tal deductions
Fire Marine and Inland
428523 47 11814 62
88393 97
5008 19
Net amount paid during
i he year for losses 340129 50 6806 43
Expenses of adjustment of losses
I Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50
00000
346935 93
6229 64
26575 00
6 7 8 9 Fii Pr Lo Lo 1 2 9 12 ComptrollerGenerals Report 275 141545 68
Paid for salaries fees and other charges of officers 34915 83
Paid for State national and local taxes in this and other 21351 11
All other payments and expenditures viz Expenses of special agents 528608 rents companys building 300000 advertising 138974 printing and stationery 335898 postage telegrams telephone and express 267364 legal expenses 50004 maps 25256 exchange 65584 subscriptions to trade journals 43525 subscriptions and donations 28725 general expenses 720308 marine expenses 18000 directors fees 90250 repairs to real estate 32035 taxes on real estate 112000 taxes on assets 274788 bills payable 19800000 interest on bills payable 443561 232807 72
Aggregate amount of actual expenditures during the year 810360 91
Business in the State of Georgia During the Year 2872860 78
j 52420 23 33067 68
34317 68
SUBSCRIBERS AT UNITED STATES LLOYDS MARINE INSURANCE UNDERWRITERS OP NEW YORK CITY Principal Office 3 South William St New York City A P Higgins Herbert Appleton Douglas P Cox Attorneys for the Subscribers ICapital

IIAssets Total par and market value of stocks and bonds owned absolutely by the company carried out at market 649950 00
Cash in companys principal office 2000 00
276 ComptrollerGenerals Eeport
13 Cash belonging to the company deposited
in bank 361136 50
Total cash items 363n6 50
15 Interest due and accrued on bonds not included in mar
ket value uncollected j 587 50
17 Cash in ihands of agents and in course of transmission 379633 13
All other assets both real and personal viz Due from
other companies on losses already paid 1745603
reinsurance returns 210762 reinsurance due on pre
miums in force 26863654 total 288 300 19
Total assets of the company actual cash market value 1688507 32
IIILiabilities
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 557060 00
3 Losses resisted including interest costs
and other expenses thereon 17 250 00
4 Total gross amount of claims for losses 574310 00
5 Deduct reinsurance thereon 364 185 00
6 Net amount of unpaid losses 210 125 00
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 588 325 84
11 Total unearned premiums as computed above carried
out 588325 SI
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 71922 61
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 1500000 reinsurance
premiums 17913990 total 194139 90
20 Total amount of all liabilities except capital stock scrip
and net surplus 1064513 35
I Original deposit actually paid up in cash 100 000 00
23 Surplus beyond capital and all other liabilities 523993 97
24 Aggregate amount of all liabilities including capital
paid up and net surplus lj68857 32

ComptbolleeGenebals Kepoet 277
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 445650 43
2 Deduct amount of same not collected 237 14
3 Net collected 443273 29
4 Gross premiums on risks written and re
newed during the year 2656682 18
5 Total 3099955 47
6 Deduct premiums and bills in course of
collection at this date 377255 99
7 Entire premiums collected during the
year 2722699 48
8 Deduct reinsurance and return premiums 1537530 67
9 Net cash actually received for premiums carried out 1185168 81
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 34360 44
12 Income received from all other sources omitting increase
if any in value of securities viz exchange 299460
profit on sale of bonds 195312 commission 243
34830 total 248297 02
15 Aggregate amount of income actually received during
the year in cash 1467825 27
VExpenditures During the Year
1 Grrss amount actually paid for losses in
cluding 59052659 losses occurring in
previous years 2056681 11
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 15234759 and all
amounts actually received for reinsur
ance in other companies 101589890
total deductions 1168246 49
Net amount paid during the year for losses 888434 62
4 ash dividends actually paid stockholders amount of
stockholders dividends declared during the year 25000 00
6 Paid for commission or brokerage 341375 68
7 Paid for salaries fees and other eharges of officers
clerks agents and all other employees 91790 87278 CompteollebGenebals Report
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz rent O 00
Aggregate amount of actual expenditures during the voar
in cash
1384529 05
Business in the State of Georgia During the Year
Fire risks written 4 207 27
Premiums received gross 7Zl
Losses paid 17488 8
Losses incurred 2886 41
3371 41
VIRGINIA STATE FIRE INSURANCE COMPANY OF RICHMOND VA
Geo L Christian President Bobt Leeky j g
Principal Office Cor Fifth and Main St Richmond Va
Oarieton Y Smith Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 0000 00
2 Amount paid up in cash 20o000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrancos thereon 100 000 00
2 Loans on bond and mortgage duly recorded and being
first hens on the fee simple 38 921 20
3 Interest due and accrued on all said bond and mortgage
loans
V1 1216 86
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 39000 00
5 Value of buildings mortgaged insured
for 6190000 as collateral 114000 00
6 Total value of said mortgaged premises
carried inside j mm Q0
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
io 114455 00
J ash in company s principal office 12 329 81
13 Cash belonging to the company deposited
in bank National state Bank of Virginia 8926 90
Total cash items
15 Interest due and accrued on storks and bonds not in
1 in market value uncollected 8006 1
ComptrollerGenerals Report 279
17 Cash in hands of agents and in course of transmission 152822 51
18 Bill receivable not matured taken for fire marine and
inland risks 535 90
All other assets both real and personal viz Interest
accrued on other assets 91290 open accounts
184266 brokerage premiums 499335 maps 69197
furniture fixtures and printing office 308212 total 11523 00
Total assets of the company actual cash market value 848737 39
IIILiabilities
1 Losses due and unpaid not yet due 30538 57
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 61165 06
3 Losses resisted including interest costs
and other expenses thereon 5750 00
4 Total gross amount of claims for losses 97453 63
5 Deduct reinsurance thereon 16536 43
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 44151200 un
earned premiums fifty per cent 220756 00
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 32076622
unearned premiums pro rata 176042 51
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
18 Amount of borrowed money
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due or to become due to
agents 2861033 reinsurance premiums 322432 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
1917 20
396798 51
305 00
49500 00
31834 65
559315 36
200000 00
89382 03
848737 39
80 ComptrollerGenerals 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 177930 79
3 Net collected 177930 79
4 Gross premiums on risks written and re
newed during the year 975817 42
5 Total 1153748 21
6 Deduct premiums and bills in course of
collection at this date 152 822 51
7 Entire premiums collected during the
year 1000925 70
8 Deduct reinsurance and return premiums 299935 27
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities
15 Aggregate amount of income actually received during
the year in cash
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 9419863 losses occurring in
previous years 584661 43
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 345147 and all
amounts actually received for reinsur
ance in other companies 7466451
total deductions 78jllg s
Net amount paid during the year for losses
I 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
S Paid for State national and locaS taxes in this and other
states
9 All other payments and expenditures viz rent 300000
advertising 475087 printing and stationery 4720
700990 43
15836 56
10311 88
25599 44
752738 31
506545 45
11980 50
178429 02
36221 27
8485 56ComptrollerGenerals Eeport 281
agents balances charged off 42838 postage tele
grams and expenses 525978 legal expenses 21235
other items 2947631 total 47827 89
Aggregate amount of actual expenditures during the year
in cash 789489 69
Business in the State of Georgia During the Year
Fire risks written 1810089 00
Premiums received gross 35005 00
Losses paid 40227 00
Losses incurred 39393 00
U S BRANCH WESTERN ASSURANCE COMPANY OE CANADA
Hon Geo A Cox President C C Foster Secretary
Principal Office 22 Wellington St East Toronto Can
Geo J Dexter Atlanta Attorney for Service in Georgia
ICapital
1 Deposit capital 207000 00
IIAssets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1803343 4
12 Cash in companys principal office 1 70
13 Cash belonging to the company deposited
in banks viz We Gray and C D Mac
Kintosh agents Canadian Bank of Com
merce New York 13339003 Corn
Exchange National Bank Chicago
49858 total 133888 61
Total cash items 133890 31
15 Interest due and accrued on stocks not included in mar
ket value uncollected 24834 68
17 Cash in hands of agents and in course of transmission 244633 25
18 Bill receivable not matured taken for fire marine and
inland risks 7 833 52
Total assets of the company actual cash market value 2214535 2i
IIILiabilities
1 Losses due and unpaid 106619 79
2 Gross losses in process of adjustment or
19ins282
ComptrollerGeneral s Eeport
in suspense including all reported and
supposed losses 93134 80
3 Losses resisted including interest costs
and other expenses thereon 18961 40
4 Total gross amount of claims for losses 218715 99
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 110735002 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 129686131
unearned premiums pro rata
9 Gross premiums without any deduction
including both cash and bills receiv
ed and receivable upon all unexpired
inland navigation and marine risks
2585523 50 per cent
10 Gross premiums without any deduction
received and receivable on all unex
pired time hull risks 6418296 50
per cent
Ocean cargo 100 per cent
218715 99
553675 01
615888 37
12927 61
32091 48
8793 93
11 Total unearned premiums as computed above carried
out 1223376 40
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions 2990304 taxes 2199765
total 51900 69
20 Total amount of all Usabilities except capita stock scrip
and net surplus 1493993 08
21 Deposit capital 207000 00
23 Surplus beyond capital and all other liabilities 513542 16
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2214535 24
IVIncome During the Year
Fire Marine and Inland
1 Gross premiums and bills
in course of collection at
close of last previous year
ComptbolleeGenebals Eepoet
as shown by that years
statement 149612 06 47487 63
283
3 Net collected 149612 06 47487 63
4 Gross premiums on risks
written and renewed dur
ing the year 2036392 72 41848171
5 Total 2186004 78 465969 34
6 Deduct premiums and bills
in course of collection at
this date 194121 47 58345 30
7 Entire premiums collected
during the year 1991883 31 407624 04
8 Deduct reinsurance and re
turn premiums 677709 27 160622 53
9 Net casih actually received
for premiums carried
out 1314174 04 247001 51 1561175 55
10 Received for interest on bonds and mortgages and for
interests and dividends on stock and bonds collateral
loans and from all other sources 79932 09
14 American branches of foreign companies will please re
port amount of remittances from home office during the
year 72326 05
15 Aggregate amount of income actually received during
the year in cash 1641107 64
VExpenditures During the Year
Fire Marine and Inland
1 Gross amount actually paid
for losses including
18898386 losses occur
ring in previous years 1160131 99 418910 65
2 Deduct all amounts actu
ally received for salvages
whether on losses of the
last or of previous year
2934281 and all
amounts actually receiv
ed for reinsurance in
other companies 293
37175 total deductions 167478 38 155236 18
Net amount paid during
the year for losses 992653 61 263674 47 1256328 08284 ComptkollekGenerals Eepoet
6 Paid for commissions or brokerage 305206 58
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 97686 90
8 Paid for State national and local taxes in this and other
States 59927 30
9 All other payments and expenditures 186292 30
Aggregate amount of actual expenditures during the year
in cash 1905441 16
Business in the State of Georgia During the Year
Fire risks written 2180208 00
Premiums received gross 31967 99
Losses paid 25378 58
Losses incurred 23433 13
WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK
George R Crawford President John H Kelly Secretary
Principal Office 100 William St New York
Edgar Dunlap Atlanta Attorney for Service in Georgia
ICapital
1 Whole amount of capital stock 30000000
2 Amount paid up in cash 300000 00
IIAssets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 5727 55
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 253538 70
3 Interest due on all said bond and mortgage loans
133250 interest accrued thereon 126796 total 2600 46
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 227100 00
5 Value of buildings mortgaged insured for
27035000 as collateral 297050 00
6 Total value of said mortgaged premises
carried inside 124150 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
x llll 3163925 00
12 Cash in companys principal office 2151 61
13 Cash belonging to the company deposited ComptbollebGenebals Eepoet 285
in banks viz Chatham National Bank of
New York N Y 9991266 Union
Trust Co 12592980 total 225842 46
Total cash items 227 997 07
15 Interest due and accrued on bonds not included in mar
ket value uncollected 1 475 00
17 Agents balances representing business written subse
quent to Oct 1 1908 287095 32
Total assets of the company actual cash market value 3942359 10
IIILiabilities
1 Losses adjusted and unpaid not yet due 37573 50
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 187791 88
3 Losses resisted including interest costs
and other expenses thereon 11500 00
4 Total amount of claims for losses
5 Deduct reinsurance thereon
236865 38
41012 53
817655 99
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 163531199 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 285183382
unearned premiums pro rata 1469760 94
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 State county and city taxes due or accrued
2000000 for all contingencies 1000000 return pre
miums 300000 reinsurance premiums 1000000
commissions brokerage or other charges due or to be
come due agents and brokers 200000 total
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
195852 80
2287416 93
45000 00
2528269 78
300000 00
1114089 32
3942359 10
286
ComptrollerGenerals Report
IVIncome During the Year
4 Gross premiums on risks written and re
newed during the year 3316696 53
8 Deduct reinsurance and return premiujns 903495 53
9 Net premiums written carried out 2413201 00
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 117 inter
est on deposit 342597 agents balances previously
charged off 114784 total 4090 81
14579 17
140561 25
15 Aggregate amount of income actually received during
l he year in cash 2573032 23
VExpenditures During the Year
1 Gross amount actually paid for losses in
cluding 17111149 losses occurring in
previous years 1907272 10
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1341936 and all
amounts actually received for reinsur
ance in other companies 24817505
total deductions 261 594 41
Nit amount paid during the year for losses 1645677 69
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 0000 00
i Paid for commissions or brokerage 422 421 70
7 Paid for salaries tees and oilier charges of officers
clerks agents and all other employees including gen
eral and special agents 165 240 99
Paid for State national and local taxes in this and other
States 67447 77
9 All other payments and expenditures viz Traveling
general agency and loss settlement expenses postage
telegraph telephone express rents advertising print
ing legal maps furniture and fixtures underwriters
boards fire patrols and miscellaneous expenses 243 463 26
Aggregate amount of actual expenditures during the year
in eash 2635251 41CompteolleeGenebals Eepoet 287
Business in the State of Georgia During the Year
Fire risks written 2806501 00
Premiums received gross 33808 77
Losses paid 20659 54
Losses incurred 18535 4T
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF
NEW YORK CITY N Y
Marshall S Driggs President Frederick H Way Secretary
Principal Office 150 Broadway New York City N Y
W R Hoyt Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2575762 02
4 Extended at 2575762 02
IIIncome
5 Gross premiums 1933928 40
6 Deduct gross amount paid for reinsur
ance 17781791 return premiums
21397439 total 391792 30
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 less 239583 accrued interest on
bonds acquired during 1908
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Gross rents from companys property in
cluding 150000 for companys occu
pancy of its own buildings
1542136 10
15 Total gross interest and rents
26 Gross profit on sale of stocks
24708 53
1088 85
44939 17
3187 17
6 20
5061 67
78991 59
16221 50
28 Total income
1637349 19288
ComptrollerGeneral s Keport
IIIDisbursements
Gross amount paid policyholders for losses
including 11068935 occurring in pre
vious years
Deduct amount received for salvage
700104 reinsurance 8386054 total
826155 85
90861 5S
S
10
11
12
13
14
15
16
17
18
19
20
21
34
38
39
agency
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous
expenses
Salaries 4123305 and expenses 1299030 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 1500 for companys occupancy of its
own buildings
Advertising 249574 printing and stationery 13
33918 total
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
incuts 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
Paid stockholders for interest or dividends amount de
clared during the year 5000000
Gross loss on sale of bonds
Gross decrease by adjustment in book value of real
estate 1892976 stocks 540000 total
735294 27
13048 06
382874 19
31818 03
54223 35
121108 74
24900 00
15834 92
6480 45
1260 66
675 63
6464 02
12846 80
3967 77
1358 40
1857 76
1169 13
23784 83
12526 45
50000 00
183 00
24329 76
40 Total disbursements
41 Balance
1526306 24
2686804 97
IVLedger Assets
90000 00
502100 00
1 Book value of real estate
2 Mortgage loans on real estate first liens
4 Hook value of bonds 62544541 and
stocks 92538801 total 1550833 42
5 Cash in companys office 7206 44
ComptrollerGenerals Eeport 289
6 Deposits in trust companies and banks
not on interest 2238 12
7 Deposits in trust companies and banks on
interest 301632 13
8 Agents balances representing business
written subsequent to Oct 1 1908 231593 89
9 Agents balances representing business
written prior to Oct 1 1908 1200 97
16 Total ledger assets 2686804 97
NonLedger Assets
17 Interest due 10000 and accrued 3
05958 on mortgages 3159 58
18 Interest due 271375 and accrued 6
71153 on bonds 9425 28
20 Interest due 181435 and accrued 649
on other assets 8304 35
22 Total 20889 21
25 Oother nonledger assets viz Due by other companies for
reinsurance on losses paid 3 820 47
28 Gross assets 2711514 65
Deduct Assets Not Admitted
32 Agents balances representing business
written prior to Oct 1 1908 1200 97
35 Book value of ledger assets over market
value 177960 42
37 Total 179161 39
38 Total admitted assets 2532353 26
VLiabilities
1 Gross losses adjusted and unpaid not
yet due 12411 08
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 152041 36
3 Gross claims for losses resisted 199344 59
4 Total 363797 03
5 Deduct reinsurance due or accrued 91089 25
6 Net amount of unpaid losses and claims 272707 78
7 Gross premiums less reinsurance re
290
ComptrollerGeneral s Report
eeived and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest pre
miums on perpetual fire risks 95875403
unearned premiums fifty per cent 479377 02
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 160404936
unearned premiums pro rata 875003 45
12 Total unearned premiums as computed above
20 State county and municipal taxes due or accrued
22 Return reinsurance premiums
1354380 47
12052 28
8725 54
27 Total amount of all liabilities except capital
28 Capital actually paid up in cash
29 Surplus over all liabilities
30 Surplus as regards polieyiholders
1647866 07
634487 19
250000 00
884487 19
31 Total liabilities 2532353 26
Business in the State of Georgia During the Year
Fire risks written 2231972 00
Premiums received gross 36061 07
Losses paid 19059 05
Losses incurred 19998 10
AMEBICAN NATIONAL LIFE INSURANCE COMPANY OF
LYNCHBUBG YA
W A Taylor President N M Jordan Secretary
Principal Office Lynchburg Va
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash in full 127170 00
2 Amount of capital sub
scribed but unpaid 72830 00
Amount of net or ledger assets December
31 of previous year 224140 38
Extended at 224140 38ComptrollerGenerals Report
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied to pay running
premiums
1
57852 10
42512 26
498 31
Total 100862 67
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 75151 re
newals 33645 total 1087 96
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 stock notes
16 Dividends left with company to accumulate at interest
18 Interest on collateral loans
19 Suspense account 43858 premium on stock notes 7
59500 furniture and fixtures 78441 total
291
99774 71
5145 93
1235 00
187 73
3336 16
934 30
146 67
8817 99
Total income
119578 54
IIIDisbursements for the Year
1 Cash paid for death claims including revisionary addi
tions
10 Cash dividends paid polieyholders
11 ash dividends applied to pay running premiums
13 Dividends left with company to accumulate at interest
Total paid policyholders
17 Cash paid for commissions and bonuses to agents loss
commission on reinsurance new policies 4073104
renewals 165233 total
18 Cash paid for salaries and allowances to managers and
agents and agency supervision
19 Cash paid for medical examiners fees 693360 inspec
tion of risks 32800 total
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes
4273 13
11 57
498 31
934 30
5717 31
42383 37
6444 30
7251 60
16744 29
591 27292
ComptbollebGeerals Eeport
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents
licenses 32913 municipal licensesl28483 total
24 Cash paid for rent
27 Cash paid for advertising 246972 printing 345916
postage telegrams and express 91144 total
28 Cash paid for legal expenses
29 Cash paid for the following items viz Miscellaneous ex
penses
Profit and loss
30 Total disbursements
31 Balance
6
7
8
9
10
11
IVAssets as per Ledger Accounts
Loans on mortgage first liens on real estate
Loans secured by pledge of bonds stocks or other mar
ketable collaterals
Loans made in cash to policyholders on this companys
policies assigned as collateral
Premium notes loans or liens on policies in force of
winch 496684 was received during the year
Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
Cash in companys office
ash deposited in banks
xiils receivableaccount capital stock
Agents ledger balances of which is debit 520378
credit 45403 net
Total net or ledger assets as per balance aboveif
1678 14
1613 96
2239 33
6840 32
1768 16
831 41
5508 39
99612 35
244106 57
100200 00
9855 82
379 79
10340 29
32267 25
3432 04
25774 63
57107 00
4749 75
244106 57
13 Total net or ledger assets less depreciation 244106
Other Assets
14 Interest due 4500 and accrued 190514 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest accrued on stocks
18 Interest accrued on other assets
lotal carried out
21 Market value of bonds and stocks
1950 14
448 66
193 92
25 00
623 21
3240 93
171 03
New Business Renewals
23 Gross premiums due and un
reported on polices in
force December 31 1908 7 203 33ComptrollerGenerals Report
24 Orross deferred premiums on
policies in force Decem
ber 31 1908 538 08 964 58
Totals 538 08 8167 91
25 Deducting loading 75 per
cent on new and 12y2
per cent on renewals 404 56 1020 99
26 Net amount of uncollected
and deferred premiums 133 52 7146 92
27 Furniture fixtures and supplies
28 Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and supplies 3635 02
3 Premium notes in excess of net value of
policies 6172 36
5 Agents balances 5203 78
6 Loans on collateral Moorefield Bishop
with accrued interest 2867 24
7 Bills receivable account capital stock 57107 00
8 Interest on nonadmitted assets 623 21
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 1908 computed according to The
American Experience of Mortality with
four per cent interest by Bureau Ins
of Virginia 49532 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 598 00
Net reinsurance reserve
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
12 Amount of national State or other taxes duo
13 Amount due on account of salaries rents and office ex
penses
293
7280 44
3635 02
258434 8J
75608 61
182826 28
48934 00
950 63
877 56
2191 Vi

94 ComptrollerGenerals Repobt
1G Amonnt of any other liability of the company viz
Premiums paid in advance
Reinsurance premiums due and unpaid
17 Liabilities on policyholder s account
18 Gross surplus on policyholder s account
19 Total liabilities
Business in the State of Georgia During the Year
Number and amount of policies on the lives of citi
zens of Georgia in force December 1 of pre
No
vious year joo
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 125
Tal 247
Deduct Dumber and amount which have ceased to be
in force luring the year go
Total number and amount of policies in force in
Georgia December 81 is
Premiums collected during the year
1874 40
324 75
55153 ni
127573 24
182826 2S
Amount
281000 no
217100 00
498000 nil
I 19000 no
TOono no
16496 G
ETNA UFE NSUBANOE COMPANY OP II ART FORD OONN
M I Hulkelev President C E Gilbert Secretary
Home Office 650 Main St Hartford Conn
W E Hawkins Atlanta Attorney for Service in Georgia
CCapital Stoek
1 Amount of capital paid up
cash 2000000 00
2 Amount of ledger assets as per balance
December 1 of previous year 84482 457 s
Etead 80108203 2c
II I ncome
Firsf years premiums on original policies
without deduction for commissions or
Other expenses less 2s210 for first
years reinsurance 876091 05
1 Surrender values applied to pay first
years premiums 12 877 7
ComptbollebGenerals Report 295
7 Total first years premiums on original
policies 918968 92
8 Dividends applied to purchase paidup ad
ditions and annuities 23908 48
9 Surrender values applied to purchase paid
up insurance and annuities 354638 32
10 Consideration for original annuities in
volving life contingencies 72438 12
11 Consideration for supplementary con
tracts involving life contingencies 14000 00
12 Total new premiums 1383953 84
13 Renewal premiums in addition to items
14 15 and 10 without deduction for
commissions or other expenses less 4
75057 for reinsurance on renewals S910742 93
14 Dividends applied to pay renewal pre
miums 330214 49
15 Surrender values applied to pay renewal
premiums 1823 05
17 Total renewal premiums 92481 8 4
18 Total premium income 10632732 31
19 Consideration for supplementary contracts not involving
life contingencies 20375 00
20 Dividends left with the company to accumulate at in
terest 04315 OS
22 Cross interest on mortgage loans 1942700 98
23 Cross interest on collateral loans 031 IS 17
24 Gross interest on bonds and dividends on
stocks less 1004831 accrued interest
on bonds acquired during 1908 957315 Is
25 Cross interest on premium notes policy
loans or liens 142978 19
20 Cross interest on deposits in trust compa
nies and banks 68020 41
28 Cross discount on claims paid in advance 3910 Is
29 Cross rent from companys property in
cluding 2100000 for companys occu
pancy of its own buildings 16506 25
30 Total gross interest and rents 3524615 00
38 Cross profit on sale or maturity of ledger assets viz
Real estate 1094094 bonds 39000 stocks 2952000 16851 90
39 Cross increase by adjustment in book value of stocks 1700
40 Total income life business 14290500 55296
ComptkollebGenekals Eepoet
IIIDisbursements
1 For death claims less 234800 reinsur
ance 3353962 02
2 For matured endowments less 17800
reinsurance 2349739 00
3 Net amount paid for losses and matured endowments 5703701 02
4 For annuities involving life contingencies 18435 6b
5 Premium notes and liens voided by lapse 209 95
6 Surrender values paid in cash or applied in liquidation
of loans or notes j 420 054 81
7 Surrender values applied to pay new premiums 4287787
to pay renewal premiums 182305 44 700 92
8 Surrender values applied to purchase paidup insurance
and annuities 354 goo oy
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 324 78I 00
10 Dividends applied to pay renewal premiums 330 212 49
11 Dividends applied to purchase paidup additions and an
nulties 23908 48
12 Dividends left with the company to accumulate at in
terest 64315 68
13 Total paid policyholders 828515833
14 Expense of investigation and settlement of policyclaims
including 590700 for legal expense 6 089 55
15 Paid for claims on supplementary contracts not involving
life contingencies 21 242 80
16 Dividends held on deposit surrendered during the year
1977545 with interest thereon 317656 22952 01
17 Paid stockholders for interest or dividends 200000 00
18 Commissions to agents less commission on reinsurance
first years premiums 33592711 renewal premiums
50571110 annuities original 324399 844 882 20
19 Commuted renewal commissions is 806 95
20 Salaries and allowances for agencies including managers
agents and clerks 7 504 go
21 Agency supervision traveling and all other agency ex
Penses 41899 9T
22 Medical examiners fees 51145750 inspection of risks
2032000 79777 50
23 Salaries and all other compensation of officers directors
trustees and homeoffice employees 287 990 24
2 1 Pent including 2100000 for companys occupancy of
its own builldings received under sublease 66 344 27
25 Advertising 1354292 printing and stationery 69
11432 postage telegraph telephone and express 52
81122 exchange 194838 137416 84
20 Legal expense 8 253 37
27 Furniture fixtures and safes 15 413 06
ComptrollerGenerals Eepobt 297
28 Repairs and expenses other than taxes on real estate 34052 28
29 Taxes on real estate n 35g ls
30 State taxes on premiums 102 826 99
31 Insurance department licenses and fees 8 971 IS
32 All other disbursements Publication fees 114032 val
uing policies 273503 tax on reserves 891473 local
licenses or property tax 17305304 tax on capital
stock 6865524 supplies 85253 incidentals 1
70626 investment expense 2393370 280990 85
43 Agents balances charged off 144 79
44 Gross loss on sale or maturity of ledger assets viz
Bonds 1213500 stocks 2512050 37255 50
45 Gross decrease by adjustment in book value of ledger
assets viz Real estate 137332 bonds 8504860 86421 92
46 Total disbursements life business 10 673 751 34
IVLedger Assets
1 Book value of real estate gl5 132 03
2 Mortgage loans on real estate first liens 41248 127 0O
3 Loans secured by pledge of bonds stocks or other col
lateral 1316770 65
4 Loans made to policyholders on this companys policies
assigned as collateral 7 063 194 00
5 Premium notes on policies in force of which 153906 is
for first years premiums 235 429 73
6 Book value of bonds 2406190026 and stocks 3642
45382 2704354 08
7 Cash in companys office 28 713 95
8 Deposits in trust companies and banks not on interest 1952955 67
9 Deposits in trust companies and banks on interest 3501407 46
10 Bills receivable 2263488 agents balances debit 47
18053 credit 1085812 net 3632241 58957 29
12 Total ledger assets 83725042 48
NonLedger Assets
13 Interest due 6332853 and accrued 95441800 on mort
gages 1017746 53
14 Interest due 2450600 and accrued 34483765 on bonds 369343 65
15 Interest due 221509 and accrued 1594872 on col
lateral loans jg jg3 gj
16 Interest due 24393277 on premium notes policy loans
r lens 243932 77
17 Interest accrued on otiher assets 282 56
18 Rents accrued on companys property or lease 475 00
19 Total interest and rents due and accrued 1649944 32
21 Market value of bonds and stocks over book value 817830 29
20ins298 ComptrollerGenerals Report
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 5965 43 597960 29
24 Gross deferred premiums
on policies in force De
cember 31 1908 45646 39 392178 11
25 Total 51611 82 990144 40
26 Deduct loading 10030 99 182903 01
27 Net amount of uncollected
and deferred premiums 41580 83 807241 39 848822 22
33 Gross assets 87041639 29
Deduct Assets Not Admitted
36 Agents debit balances 47180 53
38 Bills receivable 22654 88
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 931 10
Total 70746 51
43 Admitted assets life business 86970892 78
44 Admitted assets accident health and liability business 5153731 92
45 Total admitted assets 92121021 70
VLiabilit Les
Net presenl value of all the outstanding policies in force on
the 31st day of December 1908 as computed by the
company on the following tables of mortality and rates
of interest viz
2 American Experience table at 3j per cent on 10yeav
Renewable Term and part of nonparticipating issue
of 1908 and part of issue of 1907 781168 00
3 American Experience table at 3 per cent
on participating issue of 1908 and part
of issue of 1907 897950 00
Same for reversionary additions 238 00 898188 00
4 Other tables and rates viz 30 American offices 3
per cent on all nonparticipating policies except those
stated in No 2 and on all participating policies except
those stated in No 3 75595041 00ComptrollerGenerals Eeport
299
Net present value of annuities includ
ing those in reduction of premiums
Give tables and rates of interest viz
On McClintock annuitants tables and 3
per cent original annuities
Supplementary contracts involving life
contingencies
Total
192084 00
43487 00
235571 00
6 Deduct net value of risks of this company reinsured
other solvent companies
77509968 00
50159 00
7 Eeserve to provide for health and accident benefits con
tained in life policies
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 cancelled and not included in net
reserve upon which a surrender value may be de
manded
12 Claims for death losses in process of ad
justment or adjusted and not due 125823 00
13 Claims for death losses which have been
reported and no proofs received 57505 00
14 Claims for matured endowments due and
paid 55205 00
15 Claims for death losses and other policy
claims resisted by the company 31814 44
16 Due and unpaid on annuity claims involv
ing life contingencies 64 41
77459809 00
17 Total policy claims
19 Dividends left with the company to accumulate at inter
est 32497626 and accrued interest thereon 4822161
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
32934 oifcher contingent commissions 199025
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon new business
26 Medical examiners and legal fees due or accrued
27 State county and municipal taxes due or accrued
12330 00
77472139 00
238979 00
1079 00
27041 I 85
373197 87
50659 38
191729 97
2319 59
16883 04
8570 14
10314 0
3S063 300
CompteollerGenebals Report
31 Dividends or other profits due policyholdeis including
those contingent on payment of outstanding and de
ferred premiums
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1909
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies
35 Special reserve under renewable term contracts
37 Liabilities life business 80602410 62
38 Surplus on life business including capital
stock 6368482 16
73240 92
190677 39
337727 54
976848 00
41 Total liabilities accident health and liability business 3753013 04
43 Capital stock 2000000 00
44 Unassigned funds surplus 5769201 04
45 Total surplus as regards policyholders 7769201 04
46 Total liabilities 92124624 7
Business in the State of Georgia During the Year
No Amount
Policies on the lives of citizens of said State in force
December 31 1907 3367 6254934 00
Policies on the lives of citizens of said State issued
increased and revived during 1908 500 943700 00
Total 3867
Deduct ceased to be in force and decreased during
the year 476
7198634 00
1034099 0O
Policies in force December 31 1908 3391 6164535 00
Losses and claims unpaid December 31 1907 2 6200 00
Losses and claims incurred during the year 34 75706 00
Total 36
Losses and claims settled during the year in cash 34
Losses and claims unpaid December 31 1908 2
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends coinmis
sions or other expenses
81906 00
71706 00
6200 00
177370 55ComptrollerGenerals Eeport
301
AMERICAN NATIONAL INSURANCE COMPANY OF TEXAS
W L Moody Jr President S E Kerapner Secretary
Principal Office Galveston Texas
J W Popham Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in cash 100000 00
2 Amount of net or ledger assets Decem
ber 31 of previous year 262514 23
Extended at 262514 23

IIIncome During the Year
1 Cash received for premiums on new poli
cies without deduction foT commissions
or other expenses 553633 05
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 158349 63
4 From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 235 00
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 140395
renewals 72579
712217 68
2129 74
7 Total premium income 710087 94
8 Cash received for interest on mortgage loans 3083 39
9 Cash received for interest on bonds owned and dividends
on stock 6469 IS
10 Cash received for interest on premium notes loans and
liens 350 00
15 Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks 16335 02
18 Profit on sale of bonds 40 28
19 From all other sources 1770 58
Total income 738136 39
Total 1000650 62
IIIDisbursements for the Year
1 ash paid for death claims including re
visionary additions 111347 00302
ComptrollerGeneral s Report
3 Cash paid for matured endowments and
additions thereto 1142 00
7 Total amount actually paid for losses and matured endow
ments 112489 00
8 Health and accident claims 82997 73
10 Cash dividends paid policyholders 751 41
13 Surrender values paid in cash 230 50
15 Surrender values applied to purchase paidup insurance
and annuities see item 41 Income 235 00
Total
17 Casih paid for commissions and bonuses to agents less
commission on reinsurance new policies 22231035
renewals 1251147
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 2219613 in
spection of risks 113700
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on new premiums and renewals
22 Cash paid for taxes on reserves and investments
23 Cash paid for insurance department fees and agents and
municipal licenses
24 ash paid for rent
20 ish paid for furniture fixtures and safes for home and
agency offices
27 Cash paid lor advertising 222285 printing 580863
postage telegrams telephone and express 374491
exchange 23413
28 ash paid for real estate expenses
29 Cash paid for the following items viz H Sheffield Jr
6221066 B 1 Cunningham 125744 janitor ice
fuel lights etc 471472 advances to agents 14
1479 actual expenses 31416
203469 64
234821 82
33790 62
23333 13
3773 07
226S 03
1520 93
2252 90
1241 97
1122 15
12070 5i
2588 63
27311 77
30 Total disbursements 589655 18
31 Balance 410985 44
Invested in the following
VAssets as per Ledger Accounts
2 Loans on mortgage first liens on real estate 141769 93
3 Loans secured by pledge of bonds stocks or other market
able collaterals 5000 00
4 Loans made in i ash to policyholders on this companys
policies assigned as collateral 7072 90
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 177166 44
8 Cash deposited in banks 44151 59ComptrollerGenerals Eeport
303
10 Agents ledger balances
Furniture and fixtures 449685 suspense 1520
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
16 Interest accrued on collateral loans
Total carried out
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 77792 23 14260 78
24 Gross deferred premiums
on policies in force De
cember 31 1908 3817 96 8421 18
Totals 81610 19
25 Deduct loading on new
and renewals 53473 46
22681 96
5655 74
26 Net amount of uncollected
and deferred premiums 28136 73 17026 22
28 Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and safes
5 Agents balances
7 Suspense
4496 85
31312 53
15 20
Total 35824 58
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 1908 computed according to
American Experience dy2 per cent
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
261468 17
3935 38
Net reinsurance reserve ft
3 Claims for death losses due and unpaid
i Claims for death losses and other policy claims resisted
by the company
31312 53
4512 05
410985 44
4346 11
999 56
56 67
5402 34
45162 95
461550 73
425726 15
257532 79
4500 oa
12000 0ft304
Comptroller General s Eeport
9 Liability on policies cancelled upon which a surrender
value may be claimed 1064 00
Total policy claims 17564 00
13 Amount due on account of salaries rents and office ex
penses medical fees accrued 1500 00
16 Amount of any other liability of the company viz Pre
miums paid in advance accident reserve 22651 79
Agents cash bond 240000 due H Sheffield Jr ac
count profit sharing contract 356281 total 5962 81
17 Liabilities on policyholders account 305211 39
18 Gross surplus on policyholders account 120514 76
19 Total liabilities
425726 15
Business in the State of Georgia During the Tear
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 36 90500 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 860 1453500 00
Total 896 1544000 00
Deduct number and amount which have ceased to
be In force during the year 5 12500 00
Till ill number and amount of policies in force
in Georgia December 31 1908 891 1531500 00
CITIZENS LIFE INSURANCE COMPANY OP LOUISVILLE KY
W II Gregory President J Walter Peake Secretary
Principal Office 410 W Walnut St Louisville Ky
John S Cameron Atlanta Attorney for Service in Georgia
1Capital Stock
1 Amount of capital stock
paid up in caslh 330880 00
2 Amount of capital sub
scribed but unpaid 119110 00
Amount of net or ledger assets Decem
ber 31 of previous year 726781 75
Increase of capital during year 75180 00
Extended at 801961 75
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
r other expenses 226238 51ComptrollerGenerals Report
305
1 Cash Teceived for renewal premiums
without deductions for commissions or
other expenses 528383 39
3 Prom dividends applied to pay running
premiums 19899 80
4 From surrender values applied to pay run
ning premiums 387 83
Total
o Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 475208
renewals 1151862 total
774909 53
16270 70
7 Total premium income
8 Gash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
including 5000 for companys own occupancy
19 From all other sources viz Int collateral loans
92374 Int deposits in trust companies and banks
221241 inspection real estate loans 142350 sur
plus from sale of stock 16339276 cash with applica
tions 331916 total
Total income
Total
758638 83
12751 69
3510 79
7608 86
6414 71
6500 00
171271 57
966696 45
1768658 20
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 87326 63
7 Total net amount actually paid for losses and matured
endowments 87326 63
11 Cash dividends applied to pay running premiums 19899 80
13 Surrender values paid in cash 5998 93
14 Surrender values applied to pay running premiums 387 83
15 Bond contracts 57092 70
Total paid policyholders
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 16610114
renewals 801083 total
18 Cash paid for salaries and allowances to managers and
170705 89
174111 97306
ComptrollerGeneral s Bepoet
agents
19 Cash paid for medical examiners fees 988812 inspec
tion of risks 203812 total
20 Cash paid for salaries and all other compensation of
officers and other home office employees
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent including 500000 for companys
occupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 562245 printing 686084
exchange 109283 postage tel and tel 774288
28 Cash paid for real estate expenses other than taxes
287564 for legal expenses 111468 total
29 Cash paid for the following items viz Taxes on per
sonalty
Fire insurance 19 00
General expense 11093 48
Profit and loss 627 81
Commissions on sale of stock 9103 96
Expenses of investigating claims 901 37
Total miscellaneous expenses
49486 12
11926 33
77736 71
1079 52
9541 91
6361 50
2272 12
21319 00
3990 32
9089 7
21745 62
30 Total disbursements
31 Balance
559366 79
1209291 41
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 295676 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 49600 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 174352 25
5 Premium notes loans or liens on policies in force of
which 1377005 was received during the year 5944 25
6 Cost value of bonds and stocks owned excluding interest
at time of purchase 222840 00
7 Cash in companys office 100 Id
8 Cash deposited in banks 295617 21
9 Bills receivable 40 oo
10 Agents ledger balances 56278 74
Accounts receivable advertising paid in advance Lex
Herald 23770 Lex Leader 10626 total 343 96
31 Total net pr ledger assets 1209291 41ComptrollerGenerals Report
307
Other Assets
14 Interest due and accrued on mortgages 5750 04
15 Interest due and accrued on bonds and
stocks 2925 42
16 Interest due and accrued on collateral
loans 2125 28
17 Interest due and accrued on premiums
notes loans or liens 876 64
18 Interest due and accrued on other assets 185 56
19 Rents due and accrued on companys prop
erty or lease 12500
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
New Business
Renewals
24 Gross deferred premiums
on policies in force De
cember 31 1908i
25 Deducting loading 70 per
cent on new and 20
per cent on renewals
26 Net amount of uncollected
and deferred premiums
Extended
79623 82 218463 95
55736 67
43692 79
23887 15 174771 16
11987 9t
21000 00
1537 50
198658 31
28 Total assets as per the books of the company
Items Not Admitted
1 Companys stock owned
5 Agents balances
7 Bills receivable
1442475 16
56278 74
40 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 De
cember 1908 computed according to The
American Experience Table of Mortal
ity with three per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
59318 74
1383156 42
815326 00
1423 00
Net reinsurance reserve
806903 00308 ComptrollerGenerals Report
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 12500 00
6 Claims for deatih losses and other policy
claims resisted by the company 12750 00
Total policy claims 25250 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 648 83
13 Amount due on account of salaries rents and office ex
penses 5328 87
16 Amount of any other liability of the company viz
Premiums paid in advance 4145 71
Stock notes sold 79516 57
17 Liabilities on polieyholders account 921792 98
18 Gross surplus on polieyholders account 461363 44
19 Total liabilities 1383156 42
Business in the State of Georgia During the Year
Xo Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 589 1708500 00
Number and amount of policies on the Jives of citi
zens of Georgia issued during the year 339 826500 00
Total 928 2535000 00
Deduct number and amount which have ceased to
be in force during the year 189 479500 00
Total number and amount of policies in force
in Georgia December 31 739 2055500 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 4000 00
Amount of losses and claims on policies in Georgia
incurred during the year 2 8000 00
Total 4 12000 00
Amount of losses and claims on policies in Georgia
paid during the year 4 12000 00
Amount of premiums collected or secured in Georgia
during the year 4419635ComptrollerGenerals Eeport
309
THE COLUMBIAN NATIONAL LIFE INSURANCE COMPANY OP
BOSTON MASSACHUSETTS
Arthur E Childs President Wm H Brown Secretary
Principal Office 17678 Federal St Boston Mass
Alfred C Newell 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 4095381 32
Extended at 409538132
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
Industrial premiums
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
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
414 From surrender values applied to pur
chase paidup insurance and annuities
5 Consideration for annuities other than
matured installment policies
94681 24
34598 89
928880 40
26293 48
136433 70
41250 93
586 21
2208 81
15290 08
727 45
Total 1280951 19
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 65664 re
newals 956647 total 10223 11
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 premiums notes loans or
liens
1270728 OS
56951 88
91728 77
19324 02ComptrollerGenerals Keport
11 Cash received for interest on other debts due the com
pany
12 Cash received as discount on surrenders paid in advance
14 Cash received for profits on sales of bonds or stocks
16 Advance deposits
17 Sale of furniture and fixtures
18 American Investment Securities Co
19 Prom all other sources viz Purchase price of property
sold in foreclosing the four mortgages of John and
Mary A O Brien
Agents balances previously charged off
Gross increase by adjustment in book value of bonds
Accident and Health Premiums
Total income
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 204277 22
2 Premium notes loans or liens used in pay
ment of the same 93 gg
5 Cash paid for sums falling due during the
year on installment policies 1 000 00
Total
205470 80
7 Total net amount actually paid for losses
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of surren
dered policies 28276 voided by lapse 1594647
less 18796 restorations
912 Premium notes loansor liens used in payment of divi
dends to policyholders
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 419487 96
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 3880831
renewals 885681 and industrial 657515 total
IS Casl paid Cor salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 876325 inspec
tion of risks 428816 and claims 331554 total
14266 29
63 98
2762 92
335 4
1061 M
15000 00
3773 03
11 50
592 33
22310 ro
1498910 63
2ii5t70 80
514 60
1 622S 23
1603 68
6168 81
41250 93
586 21
130165 81
220S si
15200 08
70000 00
54240 27
91921 97
16366 915ComptrollerGenerals Report
311
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 ash paid for taxes on new premiums and renewals
22 Cash paid for taxes on personal property
23 Cash paid for insurance department fees and agents
and municipal licenses
24 Cash paid for rent less 111968 received under sub
lease
25 Agency supervision traveling and all other agency ex
penses
26 Cash paid for furniture fixtures and safes for home and
agency offices
21 Cash paid for advertising 644724 printing and station
ery 1026402 postage tel and tel express and ex
change
28 Cash paid for legal expenses
29 Cash paid for the following items viz H O expense
841713 traveling 1082852 total
Advance deposits returned rejected applicants 38689
agents balances charged off 10000 total
Gross loss account excess policy loans 500 gross de
crease by adjustment in book value of bonds 506268
Accident and health expense
Total miscellaneous expenses 504239 20
93076 83
13963 25
49 07
4331 88
35825 04
18666 97
987 88
30660 48
9324 71
19245 65
486 89
5067 68
40023 68
30 Total disbursements
31 Balance
923727 16
4670564 79
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force received
during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Suspense
10 Agents ledger balances net
Contingent funds subject to draft by cashiers
1370250 00
364656 25
72416 24
2447915 63
1414 39
346694 9
642 89
66366 19
208 21
11 Total net or ledger assets 4670564 79
12 Deduct depreciation from cost of assets to bring same to
market value
13 Total net or ledger assets less depreciation 4599039 L6311
ComptrollerGenerals Report
14
15
17
18
23
24
25
26
Other Assets
Interest due 3800 and accrued 15
03474 on mortgages 15072 74
Interest due 50000 and accrued 17
47692 on bonds and stocks 17976 92
Interest due 97586 and accrued 1
44274 on premiums notes loans or liens 2418 60
Interest accrued on other assets 722 05
Total carried out
New Business Renewals
Gross premiums due and
unreported on policies in
force December 31 1908 20270 55 101787 72
Gross deferred premiums
on policies in force De
cember 31 1908 12388 15 59555 28
Totals
Deducting loading 21 per
cent on ordinary
32658 70 161343 00
6858 33 33882 03
Net amount of uneollected
and deferred premiums 25800 37
Industrial
Gross premiums due and unreported on
policies in force December 31 1908
and gross deferred premiums
Deduct loading 55 per cent on industrial
127460 97
Renewals
386 50
386 50
26
36190 1
Net amount of uneollected and deferred
premiums 173 93
Extended at 153435 27
Accident and Health premiums in course of collection on
policies or renewals issued on or after Oct 1 1908 5738 52
Total assets as per the books of the company 4794403 2S
Items Not Admitted
Loading on premium notes disallowed 15207 41
Cash advanced to or in the hands of offi
cers or agents contingent funds 208 21
Agents balances Dr 69017 85
Suspense 642 89
Deposited in banks in hands of receivers 848 88
Total
86525 24
Total assets less items not admitted 4707878 02ComptrollerGenerals Report
31a
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed by Mass Ins
Dept according to the American Experi
ence Table of Mortality with 3 per
cent interest 2991595 00
Deduct net value of risks of this company
reinsured in other solvent companies 4745 00
Net reinsurance reserve 2986850 00
3 Claims for death losses due and unpaid 3271 40
5 Claims for death losses in process of ad
justment or adjusted and not due 5600 00
6 Claims for death losses and other policy
claims resisted by the company 31 710 50
7 Claims for death losses which have been
reported and no proof received 15252 00
8 Present value of amounts not yet dire on
installment death losses 16892 00
Total policy claims 72725 901
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 10480 Q3
11 Purchase price of property sold in foreclosing the four
mortgages of J and M A O Brien 3773 OS
12 Amount of national State or other taxes due 8923 29s
13 Amount due on account of salaries rents and office ex
penses medical examiners and legal fees 5953 43
14 Unearned interest and rent paid in advance 6415 31
15 Unearned premiums on disability contracts 431 43
16 Amount of any other liability of the company viz
Premiums paid in advance 164048 advance deposits
for premiums on applications not yet approved 52727
accident and health unearned premiums commissions
taxes etc 2048363 total 22651 38
16 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 2545 00
17 Liabilities on policyholders account 3120748 83
18 Gross surplus on policyholders account including 1000
000 capital 1587129 19
19 Total liabilities 4707878 02
Business in Georgia During 1908
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 271 690250 00
21ins314
ComptrollerGenerals Report
Number and amount of policies on the lives of citizens
of Georgia issued during the year 131
Total number and amount of policies in force in
Georgia December 31 908 300
Amount of premiums collected or secured in Georgia during
the year Cash 1826011life 313178accident and
health notes or credits 284509life total
303390 00
Total 402 993640 00
Deduct number and amount which have ceased to be in
force during the year 102 268000 00
725640 00
24236 8
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF
HARTFORD CONNECTICUT
John M Taylor President William HDoming Secretary
Principal Office 36 Pearl St Hartford Conn
Frank G Lumpkin Columbus Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets Decem
ber 31 of previous year 65318939 71
Extended at 65318939 71
IIIncome During Year 1908
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 486560 80
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied I pay runnning
premiums
3 From dividends applied to purchase paid
up additions and annuities
t Prom surrender values applied to pay run
ning premiums
4 Finin surrender values applied to pur
chase paidup insurance and annuities
5 Consideration for annuities other than
matured installment policies 51872 75
1264695 26
926655 33
It 32
5639 99
77so 05
7 Total premium income 5813371 50
8 Cash received for interest on mortgage loans 1241057 4
9 Cash received for interest on bonds owned and dividends
on stock 1261960 45ComptrollerGenerals Report
315
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 asdiscount on claims paid in advance
13 Cash received for rents for use of companys property
including 3500000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
37823 real estate 3386485
19 From all other sources
Total income
199687 45
15417 43
2616 95
448592 50
344243 08
18624 39
9035571 20
IIIDisbursements for the Yeair 1908
1 Cash paid for death claims including re
visionary additions premium notes loans
or liens used in payment of the same
3 Cash paid for matured endowments and
additions thereto premium notes loans
or liens used in the payment of same
5 Cash paid for sums falling due during the
year on installment policies
4144548 17
251032 95
797 49
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 surren
dered policies 212795 voided by lapse 34200
10 Casih 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 Surender values applied to pay running premiums
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 6506444 L6
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance jew policies 17192506
renewals 30035222 annuities original 21708
18 Cash paid for salaries and allowances to managers and
agents
18 Agency supervision traveling and all other agency ex
penses
19 Cash paid for medical examiners fees 3048370 in
spection of risks 119536
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
4396378 61
20852 00
2469 95
305376 81
926655 33
54 32
771124 10
5639 99
77893 05
4724 I 36
43541 86
39529 03
31679 06
176361 56
60181 12316
ComptrollerGeneral s Report
22 Cash paid for taxes on reserves 1286304 on invest
ments 13207496 State county and municipal 2
09514 147033 14
23 Cash paid for insurance department fees and agents
licenses 4706 79
23y2 Taxes on real estate 129751 03
24 Cash paid for rent including 3500000 companys occu
pancy received under sublease 416003 33
26 Cash paid for furniture fixtures and safes for home and
agency offices 2300 47
27 Cash paid for advertising 925425 printing and station
ery 3207212 postage telegraph express 2514502
exchange 158173 68053 12
28 Cash paid for ireal estate expenses other than taxes 201
21109 for legal expenses 965595 210867 04
29 Cash paid for the following items viz Expense of in
vestigation and settlement of policy claims 7107 80
Traveling expenses 954747 miscellaneous expenses
454289 14090 36
Profit and loss real estate 23138500 bonds 382800
agents balances 071 bond premiums charged off
12582576 361039 59
Total miscellaneous expenses 1814740 46
30 Total disbursements 8321184 62
31 Balance 66033326 29
Invested in the following
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all ineumbrances 7857615 45
2 Loans on mortgage first liens on real estate 23457441 03
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 3501760 00
5 Premium notes loans or Hens on policies in force 340801 19
6 Book value of bonds and stocks owned excluding interest
at time of purchase 29324846 25
8 Cash deposited in banks 1001023 15
9 Bills receivable 772 65
10 Agents ledger balances 203 05
Real estate sold under land contract bal purchase price 5 1803 52
13 Total net or ledger assets 66033326 29
Other Assets
14 Interest due 1700485 and accrued
5 1897608 on mortgages 565980 93
15 Interest accrued on bonds and stocks 1175037 90
17 Interest due 14046049 and accrued
1003687 on premiums notes loans or
liens 150497 36ComptrollerGenerals Report
317
18
19
21
23
24
25
26
28
Interest accrued on other assets declared
dividends 4520 50
Interest due 554042 and accrued 6
74427 on companys property or lease 12 284 69
Total carried out
Market value of bonds and stocks over cost
1008321 38
159861 15
New Business Renewals
Gross premiums due and
unreported on policies in
force December 31 1908
Gross deferred premiums on
policies in force Decem
ber 31 1908
6083 69 119216 56
46010 32
405040
Totals i
Deducting 20 per cent
which is a little over the
average loading
52094 01 524257 45
10418 80 104851 49
Net amount of uncollected
and deferred premiums 41675 21 419405 96
Extended at
461081 17
Total assets as rper the books of the company 67662589 99
Items Not Admitted
Agents balances 282 17
Bills receivable 772 65
Premium notes and loans on policies and
net premiums in item 26 in excess of
the net value of their policies 1544 51
Total
2599 33
Total assets less items not admitted 67659990 66
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to
The Actuaries Table of Mortality with
four per cent interest 60954624 95
Net reinsurance reserve 60954624 9o
Claimsfor death losses due and unpaid 58757 80
Claims for matured endowments due and
unpaid 7711 00318 ComptrollerGenerals Report
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 280396 00
6 Claims for death losses and other policy
claims resisted by the companny 10882 00
7 Amounts due and unpaid on annuity
claims 100 00
8 Present value of unpaid amounts on ma
tured installment policies 131S5 72
Total policy claims 371032 52
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 1573504 30
12 Amount of national State or other taxes due estimated
taxes payable in 1909 on premiums of 1908 61000 00
16 Amount of any other liability of the company viz
Premiums paid in advance 2835404 unearned inter
est 10390546 132259 50
Liability on policies cancelled and not in
eluded in net reserve 153956 00
Real estate contingent depreciation ac
eount 200000 00
Total 453956 00
Cost of collection on uncollected and
deferred premiums in excess of the 20
per cent thereon approximated new
business 911645 renewals 6553218 56415 73
397540 27
17 Liabilities on policyholder s account 63489961 54
18 Gross surplus on policyholders account 4170029 12
19 Total liabilities 67659990 66
Business in Georgia During 1908
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous
year 556 1433302 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 75 169 578 00
Total 631 1602880 00
Deduel number and amount which have ceased to be in
force during t he year 48 125 181 00
Total number and amount of policies in force in
Georgia December 31 1908 583 1477699 00ComptrollebGenebals Eepoet
319
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3
Amount of losses and claims on policies in Georgia in
curredduring the year 9
1635 00
31133 00
Total 12 32768 00
Amount of losses and claims on policies in Georgia paid
during the year 12 32768 00
Amount of premiums collected in Georgia during the year in
cash 4935179
DES MOINES LIFE INSURANCE COMPANY OF DES MOINES IOWA
C E Rawson President AVilmot A Harbaeh Secretary
Principal Office Seventh St and Grand Ave Des Moines Iowa
Wm 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 December
31 of previous year 2089570 15
Extended at 2089570 15
ITIncome During the Year 1908
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied topay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pur
chase paidup insurance and annuities
199726 48
640207 61
19211 30
204 00
4474 86
Total 863824 25
Deduct amount of premiums paid to other
eomipanies for reinsurance on policies in
this company new business 6010 re
newals 41582 total
475 92
7 Total premium income
S ash received for interest on mortgage loans
10 Cash received for interest on premium notes loans or
liens
863348 33
64714 06
34364 26320
ComptrollerGenerals Eeport
11 Cash received for interest on other debts due the com
pany 931 io
13 Cash received for rents for use of companys property
including 360000 for companys own occupancy 14002 36
19 From all other sources viz Premiums in suspense 381 14
Total income 977741 25
Total 3067311 40
IIIDisbursements for the Year 1908
1 Cash paid for death claims including re
visionary additions 208967 59
3 Cash paid for matured endowments and
additions thereto 2000 00
5 Cash paid for sums falling due during the
year on installment policies 294 26
10
11
12
13
16
17
18
19
20
21
22
23
24
25
26
Total 211261 85
Total net amount actually paid for losses and matured
endowments
Cash dividends paid policyholdexs
Cash dividends applied to pay running premiums
Cash dividends applied to purchase paidup additions and
annuities
Surrender values paid in cash
Total paid policyholdexs 360542 75
Agents balances charged off
Cash paid stockholders for interest on dividends
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 15423865
renewals 2450746 total
Cash paid for salaries and allowances to managers and
agents and clerks
Cash paid for medical examiners fees 1710371 in
spection of risks 214647 total
Cash paid for salaries and all other compensation of of
ficers and home office employees
Cash paid for agency supervision traveling and all other
agency expenses
Cash paid for taxes on premiums
Cash paid for taxes on real estate
Cash paid for insurance department fees and agents
licenses 240806 municipal license 13667 total
Cash paid for rent including 360000 companys occu
pancy
Cash paid for postage telegraph telephone and express
510562 collection and exchange 87715 loan ex
penses 73500 total
Cash paid for furniture fixtures arid safes for home and
agency offices
211261 85
13485 64
19211 30
204 00
116379 96
1238 17
3000 00
178746 11
13260 08
19250 18
53318 46
7791 73
12324 39
2323 63
2544 73
3600 00
6717 77
894 47ComptrollerGenerals Befort
321
27 Cash paid for iadvertising 414439 printing and sta
tionery 448964 total 8634 03
28 Cash paid for real estate expenses other than taxes 6
07694 for legal expenses 252621 total 8603 15
29 Cash paid for the following items viz Investigating
policy claims 12285 light 10007 total 222 92
Insurance 4869 miscellaneous 231835 total 2367 04
Total miscellaneous expenses 2859 96
30 Total disbursements
31 Balance
685379 91
2381931 49
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
Tax certificates
11 Total net or ledger assets
Other Assets
14 Interest due 108750 and accrued 24
23489 on mortgages 25322 39
17 Interest due 1438 and accrued 11
29424 on premiums notes loans or
Hens 11308 62
189044 51
1462941 00
688457 71
9934 76
673 93
22524 62
7802 83
552 13
2381931 49
Total carried out
36631 01
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums
on policies in force De
cember 31 1908
17583 00 40007 00
111885 00
Totals
25 Deducting loading
17583 00
13305 00
151892 00
27341 00
26 Net amount of uncollected
and deferred premiums
Extended
4278 00 124551 00
128829 00
28 Total assets as per the books of the company 2547391 50322 CompteollebGenebals Bepobt
Items Not Admitted
5 Agents balances 7802 83
8 Premium notes on policies in excess of
the net value 8185 40
Total 15988 23
9 Total assets less items not admitted 2531403 27
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American Ex
perience 3 per cent 2053112 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 204 00
Net reinsurance reserve 2052908 00
4 Claims for death losses reported but no
proof received 8000 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 13000 00
6 Claims for death losses and other policy
claims resisted by the company 12500 00
8 Present value of unpaid amounts on ma
tured installment policies 107s 44
Total policy claims 44283 44
11 Amount of medical examiners and legal fees due or ac
crued 3800 00
12 Amount of national State or other taxes due 1942 00
13 Amount due on account of salaries rents and office ex
penses 600 00
10 Amount of any other liability of the company viz
Premiums paid in advance 25700 00
17 Liabilities on policyholders account 2132233 44
is tiross surplus on policy holder s account including capital
tok 399100 83
19 Total liabilities 2531403 27
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citiComptrollerGenerals Report 323
zens of Georgia in force December 31 of pre
vious year 77 1 25952 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 67 126500 00
Total 144 252452 00
Deduct number and amount which have ceased to
be in force during the year 40 65844 00
Total number and amount of policies in force
in Georgia December 31 1908 104 186608 00
Amount of premiums collected or secured in Georgia
during the year in cash 4 81509
EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GEORGIA
Wm W Reid President Thos M Oallaway Secretary
Principal Office Atlanta Georgia
AVm W Reid Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 377249 76
Extended at 377249 7l
IIIncome During the Year 1908
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 174513 14
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 86761 45
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies 12504 15
2 Premium notes loans or liens taken in
part payment for renewal premiums 55664 59
3 From dividends applied to pay running
premiums 23688 12
Total 35013145
7 Total premium income 350131 45
9 Cash received for interest on bonds owned and dividends
on stock 5665 95
10 Cash received for interest on premium notes loans or
liens 12910 20
13 Cash received for rents for use of companys property 300 00
19 From all other sources 113427 77324
ComptrollerGenerals Report
Total income
Total
IIIDisbursements for the Year
482435 37
859685 13
1 Cash paid for death claims including re
visionary additions
5 Cash paid for sums falling due during the
year on installment policies
34300 01
19823 90
7 Total net amount actually paid for losses and matured
endowments
10 Cash dividends paid policyholders
11 Cash dividends paid certificateholders
13 Surrender values paid in cash
Total paid policyholders 83170 83
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 13838092
renewals 614934 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Oash 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
24 Cash paid for rent including 325954 companys occu
pancy less 46468 received under sublease
25 Cash paid for commissions on sale of certificates
27 Cash paid for advertising 678888 printing 516482
28 Cash paid for real estate expenses other than taxes
10940 for legal exipenses 10000 total
29 Cash paid for the following items viz Fire insurance
520 officers travel 169733 postage telegraph and
express etc 189276 general expenses 578845
Premium notes written oil
54123 94
23688 12
31765 66
535S 77
1 11536 26
17646 61
16175 00
31554 90
5495 17
1134 52
2794 86
1120 92
11953 70
209 40
9383 74
20102 05
Total expenses and death losses
Deduct items 13 and 15 in liabilities not disbursed
Total disbursements
IVAssets as Per Jedger Accounts
1 Cost value of real estate exclusive of all incumbrancesi
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 company s
policies assigned as collateral
5 Premium notes loans or liens on policies in force
394043 02
6532 21
387511 41
10000 00
5984 37
2971 63
2381 98
163801 20ComptrollerGenerals Keport
325
9
10
13
15
17
Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
Cash in companys office
Cash deposited in banks
Bills receivable
Agents ledger balances
Furniture and fixtures
Accounts receivable
Total net or ledger assets less depreciation
Other NonLedger Assets
Interest due and accrued on bonds and
stocks
Interest due and accrued on premiums
notes loans or liens
120157 41
10742 56
34121 27
79135 87
35050 38
6460 79
1366 26
472173 72
1944 17
7797 36
Total carried out
New Business
Renewals
23
24
25
26
28
2
3
4
5
Gross premiums due and
unreported on policies
in force December 31
1908
Gross deferred premiums
on policies in force De
cember 31 1908
915 20 15942 57
915 20 13324 85
Totals
Deducting loading 20 aver
age per cent on new
and 20 per cent average
on renewals
183 04 29267 42
5853 48
Net amount of uncollected
and deferred premiums
732 16 23413 94
Extended
Total gross assets
Items Not Admitted
Furniture fixtures and safes
Commuted commissions premium notes
liens and loans in excess of Teserve
Cash advanced to or in the hands of of
ficers or agents accounts receivable
Agents balances
6460 79
9827 66
1366 26
35050 38
9741 53
24146 10
506061 35326 ComptrollerGeneral s Eeport
7 Bills receivable 79133 87
TotaI 131840 6
9 Total assets less items not admitted 374220 39
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest 261004 00
Net reinsurance reserve 261 004 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 4861 50
8 Present value of unpaid amounts on ma
tured installment policies 12866 57
Total policy claims
13 Amount due on account of salaries rents and office ex
penses etc
15 Amount due to officers or others for advances on ac
count of expenses of organization
Payments to eertifieateholders accrued but not due
17 Liabilities on policyholder s account
18 Net surplus on policyholders account

19 Total
7728 D7
4750 01
1782 20
3954 30
289218
85001
58
81
374220 39
Business in the State of Georgia During the eai
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 2328 6809200
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 3Hit 5 949135
Totl1 5488 12758335
Deduct uumber mid amount which have ceased to
be in force during the year 1605 2233 700
00
00
00
00
Total number and amount of policies in force
in Georgia December 31 3883
Amount of premiums collected or secured in Geor
gia during the year in cash 25827459 notes
and credits 9185686 total 35013145
10524635 00CompteolleeGenerals Report
327
THE EQUITABLE LIFE ASSURANCE SOCIETY OE THE
UNITED STATES
Paul Morton President W Alexander Secretary
Principal Office 120 Broadway New York City
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 December
31 of previous year450293639 34
Extended at 450293639 U
IIIncome During the Year 1908
1 Cash received forpremiums on new poli
cies without deductions for commissions
or other expenses
1 Cash received for renewal premiums
without deductions for commissions or
other expenses
Consideration for supplementary contracts
involving life contingencies
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
5 Consideration for annuities
2833019 13
46271860 59
236985 00
667472 53
603042 06
24303 84
1746924 52
421525 45
Total 52805133 12
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 10804254
renewals 19663993 total 34682 47
7 Total premium income 52500450 6o
8 Cash received for interest on mortgage loans 4405844 25
9 Cash received for interest on bonds owned and divi
dends on stock 10706878 22
10 Cash received for interest on collateral and policy loans 3175252 92
Cash received for interest on deposits in trust companies
and banks 351078 70
11 Cash received for interest on other debts due the company 306578 80328
ComptrollerGenerals Eeport
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 36905749 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
22770400 real estate 22200000 total
15 Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks
16 From dividends and surrender values on reinsurances
Consideration for supplementary contracts not involving
life contingencies
Dividends left with the company to accumulate at int
19 From all other souices viz Cancellation of lease 600
premiums received on securities 2049700 agents
balances previously charged off 3477753 increase by
adjustment in book value of bonds 20874000 sun
dries 3343 total
6679 16
1646495 29
449704 00i
3480 00
4323 94
134989 06
14705 05
264647 96
Total
income 73971108 00
IIIDisbursements for the Year 1908
1 Cash paid for death claims including re
visionary additions 20 624002 05
3 Cash paid for matured endowments and
additions thereto 4830170 10
Total 25454172 75
6 Deduct amount received from other com
panies for losses or claims on policies
of this company 300000 00
7 Total net amount actually paid for losses and matured
endowments 25154172 75
8 Cash paid to annuitants j 129 295 93
10 Cash dividends paid policyholders 6730105 09
11 Cash dividends applied to pay running premiums 667472 51
12 Cash dividends applied to purchase paidup additions and
annuities 603042 06
Dividends left with the company to accumulate at int 14705 05
13 Surrender values paid in cash 11575707 74
14 Surrender values applied to pay running premiums 24
30384 new premiums 52479 total 24 828 63
15 Surrender values applied to purchase paidup insurance
and annuities 746 924 52
Total paid policyholders 47646254 30
Expense of Investigation and settlement of policy claims
including 717676 for legal expenses 7176 76
Paid for claims on supplementary contracts not involv
ing life contingencies 219597 34ComptbollebGeneeals Eepoet
329
16 Cash paid stockholders for interest on dividends 7000 0Q
Agents balances charged off 13279 42
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 122159996
renewals 311117002 annuities original 1268190
renewal annuities 51656 total 4345969 34
Dividends held on deposit surrendered during the year
1474 with interest thereon 025 total 14 99
18 Cash paid for salaries and allowances to managers and
agents and clerks 738389 22
19 Cash paid for medical examiners fees 17899361 in
spection of risks 10681444 total 285808 05
20 Cash paid for salaries and all other compensation of
officers and other home office employees 1436711 19
21 Cash paid for taxes on premiums 57160981 on real
estate 33506730 total 906677 11
22 Cash paid for taxes on surplus and reserves 2510613
on investments 1359509 foreign income and stamp
taxes 4395211 total 82653 33
23 Cash paid for insurance department fees 580301 mu
nicipal licenses and fees 1765328 total 23456 29
24 Cash paid for rent including 33054816 companys oc
cupancy less 1810411 received under sublease 342444 05
25 Cash paid for commuting commissions 80301 25
Agency supervision traveling and all other agency ex
penses 627765 44
26 Oash paid for furniture fixtures and safes for home and
agency offices 20678 59
27 Oash paid for advertising 5203152 printing 74998
32 postage telegraph telephone and express and ex
change 7019348 total 197223 32
28 Cash paid for real estate expenses other than taxes
44597001 for legal expenses 10473856 total 550708 57
29 Cash paid for the following items viz Gross loss on
sale or maturity of ledger assets real estate 51000
bonds 4034500 total 40855 00
Gross decrease by adjustment in book value of ledger
assets bonds 263001400 stocks 131545900 total 3945473 00
All other disbursements 171547 64
30 Total disbursements 61690014 20
IVAssets as Per Ledger Accounts
1 Book value of real estate exclusive of all incumbrances 27459417 15
2 Loans on mortgage first liens on real estate 97570767 22
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 3972250 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 57053555 2S330
ComptrollerGenerals Eeport
6 Book value of bonds and stocks owned excluding ac
crued interest tat time of purchase 259812 291 00
7 Cash in companys offices 27 905 74
8 Cash deposited in banks and trust companies on interest 11735203 12
Cash deposited in banks and trust companies not on int 359550 28
10 Agents ledger and miscellaneous balances debit 4
09514604 credit 39567978 total 3699466 26
884321 09
Cash in transit
13 Total net or ledger assets462 574 733 11
Other Assets
14 Interest due 6870085 and accrued
48731747 on mortgages 556018 32
15 Interest due 2847095 and accrued 2
82782036 on bonds and stocks 2856291 31
16 Interest accrued on collateral loans 24727 89
18 Interest due 4589308 and accrued 9
686S7 on other assets 55579 95
19 Rents due 22465203 and accrued 47
56998 on companys property or lease 272222 01
Total carried out 3764839 48
20 Market value of real estate over book value 923500 00
23 Gross premiums due and
ii n reported on policies
in force December 31
1908
24 Gross deferred premiums
mi policies in force De
cember 31 1908
New Business Renewals
30985 55 4t492515 73
127701 98 2490710 15
Totals 158687 53 6983225 88
25 Deducting loading 35784 04 1 574717 44
26 Net amount of uncollectod
and deferred premiums 122903 49 5408508 M
Extended 5531411 93
28 Total assets as per the books of the company472794484 55
Items Not Admitted
5 Agents and miscellaneous debit balances 4059092 21
7 Book value of ledger assets over market
value viz Bonds and stocks 5860220 37ComptkollebGenerals Eepoet
Supplies printed matter and stationery 36053 83
331

Total 9955366 41
9 Total assets less items not admitted 62839118 14
VLiabilities
Net reinsurance reserve382448339 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies 1704541 00
3 Claims for death losses due and unpaid 11913 80
4 Claims for matured endowments due and
unpaid 659337 29
5 Claims for death losses in iprocess of ad
justment or adjusted and not due 320753 25
6 Claims for death losses and other policy
claims resisted by the company 240919 90
7 Amounts due and unpaid on annuity
claims involving life contingencies 52704 70
Claims for death losses which have been
reported and no proofs received 1641 552 26
Total policy claims 2927181 20
10 Amount of all unpaid dividends or profits due policy
holders including those contingent on payment of out
standing and deferred premiums 1027420 86
11 Due and unpaid on supplementary contracts not involv
ing life contingencies 1789 90
12 Amount of national State or other taxes due or accrued 525753 94
13 Amount due on account of salaries rents and office ex
penses bills and accounts due or accrued 90330 60
14 Unearned interest and rent paid in advance 1 459357 01
15 Commissions to agents due or accrued 81643 39
16 Amount of any other liability of the company viz
Premiums ipaid in advance including surrender values
so applied 254069 98
Dividends left with the company to accumulate at inter
est 1469031 and accrued interest thereon 21965
medical examiners and legal fees due or accrued 41
02525 total 55935 21
Capital stock 100000 00
17 Liabilities on policy holders account390676362 15
18 Gross surplus on policyholders account 72162755 33
19 Total liabilities 462839118 14332 ComptbolleeGeneBals Repoet
Business in the State of Georgia During the Tear
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 6097 13767118 0O
Number and amount of policies on the Jives of citi
zens of Georgia issued during the year 350 713950 00
Total 6447 14481068 00
Deduct number and amount which have ceased to
be in force during the year 345 1022976 00
No Amount
Total number and amount of policies in force
in Georgia December 31 1908 6102 13458092 OO1
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 7 8596 00
Amount of losses and cilaims on policies in Georgia
incurred during the year 75 224027 94
Total i 82 232623 94
Amount of losses and claims on policies in Georgia
paid during the year 74 219066 28
Amount of premiums collected or secured during
the year in cash 46770410
FIDELITY MUTUAL LIFE INSURANCE COMPANY OF
PHTLADELPH1A 1 ENNlSYLV A N 1 A
L G Fouse President YV S Campbell Secretary
Principal Office 11216 No Broad St Philadelphia Pa
F J Arline Savannah Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 14798877 83
Extended at 14798877 83
IIIncome During the Year 1908
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 463736 C7
1V Cash received for renewal premiums
without deductions for commissions or
other expenses 3503648 06CoMPTBOLLEBGeNEBALs RePOBT
333
2 Premium notes loans or liens taken in
part payment for premiums on new
policies
2 Premium notes loans or liens taken in
part payment for renewal premiums
3 From dividends applied to pay running premiums
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pay run
ning premiums
414 From surrender values applied to pur
chase paidup insurance and annuities
5 Consideration for annuities other than
matured installment policies
54100 07
324673 46
44418 57
8704 24
59582 00
5181 67
69720 41
Total 4533765 75
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 16405 re
newals 309538 total 4736 43
10
n
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
Cash received for interest on premium notes loans or
liens
Cash received for interest on other debts due the company
13 Cash received for rents for use of companys property
including 32 500 for companys own occupancy
14 Gash received for profits on sales of bonds or stocks 3
70815 real estate 17213 all other 97225 total
16 From dividends left with the company to accumulate at
interest
18 Increase in book value of bonds
19 From all other sources viz Policy exchange 65619
policy fees 107 total
4529029 32
119981 98
280432 96
286860 66
46519 95
81190 93
4852 53
1609 99
4879 60
65 726 00
Total income 5421083 92
IIIDisbursements for the Year 1908
1 Cash paid for death claims including re
visionary additions 1368449 45
5 Cash paid for sums falling due during the
year on installment policies 22062 70
Total 1390512 15
7 Total net amount actually paid far losses and matured
endowments
8 Cash paid to annuitants
1390512 15
3280 09334
ComptrollerGenerals Report
10
11
12
13
14
15
17
18
19
20
21
22
23
24
25
26
27
28
29
Cash dividends paid policyholders 16813 89
Cash dividends applied to pay running premiums 69720 41
Cash dividends applied to purchase paidup additions and
annuities 44418 57
Surrender values paid in cash 382 628 15
Surrender values applied to pay running premiums 8704 24
Surrender values applied to purchase paidup insurance
and annuities 59582 00
Dividends left with the company to accumulate at int 1609 39
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 23664324
renewals 17238991 total 409033 15
Cash paid for salaries and allowances to managers and
agents 112391 57
Cash paid for agency supervision traveling and all other
agency expenses 50979 45
Cash paid for medical examiners fees 2456024 in
spection of risks 2402916 total 48 589 40
Cash paid for salaries and all other compensation of of
ficers and other home office employees 163720 DO
Cash paid for taxes on premiums 6357847 on fran
chise 5130 total 03629 77
Cash paid for taxes on real estate 1117816 on invest
ments 1696486 personal property 143680 total 29679 82
Cash paid for insurance department fees and agents
licenses 638985 municipal licenses 54779 total 6937 64
Cash paid for rent including 32500 companys occu
pancy 55784 93
Cash paid for commuting commissions 1 rQ 98
Cash paid for investigating policy claims 7131 34
Cash paid for furniture fixtures and safes for home and
agency offices 3759 qq
Cash paid for advertising 726756 printing and sta
tionery 2687812 postage telegrams telephone etc
2079505 total 54940 73
Cash paid for real estate expenses other than taxes
4995987 for ilegal expenses 1261343 total 62573 30
Cnsli paid for the following items viz Loss on sale
ledger assets j 009 q
Less on decrease of book value of ledger assets 104
25322 miscellaneous expenses 964234 total 113895 56
Total miscellaneous expenses 1185553 39
30 Total disbursements 3 Q9 822 88
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 1334604 18
2 Loans on mortgage first liens on real estate 2979784 06ComptrollerGenerals Beport 335
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 178281 50
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 5001197 39
5 Premium notes loans or liens on policies in force of
which 5410007 was received during the year 378773 53
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 6475110 75
7 Cash in companys office 855 16
8 Cash deposited in banks 245476 68
9 Bills receivable 12993 03
10 Agents ledger balances net 450062 58
11 Total net or ledger assets 17057138 87
12 Deduct depreciation of bonds and stocks from cost of
assets to bring same to market value 63093 46
13 Total net or ledger assets less depreciation 16994045 41
Other Assets
14 Interest due 778164 and accrued 48
18750 on mortgages 55969 14
15 Interest due 837500 and accrued 97
60794 on toonds and stocks
16 Interest accrued on collateral loans
17 Interest due 456339 and accrued 64
72379 on premiums notes loans or
liens
19 Rents accrued on companys property or
lease
105982 94
997 66
69287 18
333 Oil
Total carried out 232569 92
20 Market value of real estate over cost 51695 82
NewBusiness Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 84765 71 136119 69
24 Gross deferred premiums
on policies in force De
cember 31 1908 21864 06 294072 37
Totals 106629 77 430192 06
25 Deducting loading 55 per
cent on new and
19 610 per cent on re
newals 58646 37 84317 62336
CompteolleeGenebals Repoet
26 Net amount of uncollected
and deferred premiums
47983 40 345874 44
Extended 393857 81
28 Total assets as per the books of the company 17672168 99
Items Not Admitted
5 Agents balances 452824 77
7 Bills receivable 12993 03
Total 465817 80
9 Total assets less items not admitted computed by the
Pennsylvania Insurance Department 17206351 19
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries and American Table of Mor
tality with 3 3 and 4 per cent in
terest 15093066 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2172 00

Net reinsurance reserve 15090894 00
2 Premium notes or loans on policies and other obligations
in excess of the net value of their policies 110799 25
5 Claims for death losses and matured en
dowments in process of adjustment 78181 00
6 Claims for death losses and other policy
claims resisted by the company 50630 75
7 Amounts due and unpaid on supplemen
tary contracts not involving life con
tingencies 1500 00
Present vailue of unpaid amounts on ma
tured installment policies face 211
06568 209705 92
Total policy claims 340017 67
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 102450 12
11 Amount of unearned interest and rents paid in advance 73808 72
12 Amount of national State or other taxes due 44055 35
13 Amount due on account of salaries rents office expenses
medical examiners fees etc 15337 Jl
Amount due on policies cancelled on which there is a sur
render value claimable 8854 65ComptrollerGenerals Keport 337
Amount set apart etc awaiting apportionment upon de
3Qfi 914 41
ferred dividend policies ooJ
16 Amount of any other liability of the company viz
Premiums paid in advance d
Commissions due to agents when premium notes are paid
1212453 commissions due or accrued 456958 total 16694 11
17 Liabilities on policyholders account 16QQqf l
18 Net surplus on policyholders account 999 04 43
19 Total liabilities 17206351 19
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
B 1512 3084585 00
vious year
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 374 817130 J
1886 3901715 00
Total
Deduct number and amount which have ceased to
be in force during the yearj22 6o66m 00
Total number and amount of policies in force
in Georgia December 31 1908 1564 3245038 00
No Amount
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 4ouu uo
Amount of losses and claims on rpolicies in Georgia
incurred during the year lb
18 45062 00
Total
Amount of losses and claims on policies in Georgia
paid during the year in cash 3226200 earn
promised 2800 17 350600
Amount of premiums collected or secured in Geor
gia during the year in cash 9017645 notes
or credits 1216941 total 10234586338
ComptrollerGenerals Eepoet
FRANKLIN LIFE INSURANCE COMPANY OF SPRINGFIELD ILL
Edgar S Scott President Henry Abels Secretary
Principal Office Springfield Illinois
V T Ledbetter Rome Attorney for Service in Geogia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 3784249 9G
Extended at 3784249 96
IIIncome During Year
1 Received for premiums on new policies
without deductions for commissions or
other expenses 133047 79
ll2 Received for renewal premiums with
out deductions for commissions or other
expenses 1001871 02
3 From dividends applied to pay running
premiums 6733 13
41 From surrender values applied to pur
chase paidup insurance and annuities 38320 89
83
Total 1179971
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 81993
renewals 260303
3422 96
7 Total premium income 2
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned
10 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 489500 for companys own occupancy
19 From all other sources viz Dividends left with the com
pany to accumulate at interest 5190 increase in book
value of ledger assets 300000 Total
176549 87
84494 97
19719 55
67783 27
14718 61
12777 54
3051 90
Total income
HIDisbursements For The Yea
1379095 71
1 Paid for death claims including revisionary
additions premium notes loans or liens
used in payment of the same 275203 01ComptrollerGenerals Report
339
9
10
11
13
15
17
18
19
20
21
22
23
24
26
27
28
29
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
Dividends left with the company to accumulate at interest
Surrender values paid
Surrender values applied to purchase paidup insurance and
annuities
Total paid policyholders 387061 97
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 5384918
renewals 7900058
Cash paid for salaries and allowances to managers and
agents including agency supervision etc
Cash paid for medical examiners fees 912958 inspec
tion of risks 387780
Cash paid for salaries and all other compensation of
officers and other home office employees
Cash paid for taxes on new premiums
Cash paid for taxes on investments
Oash paid for insurance departments fees and agents
licenses
Cash paid for rent including 489500 companys oc
cupancy
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 319316 printing 891941
Cash paid for real estate expenses other than taxes
952983 for legal expenses 159120
Cash paid for the following items viz Death claim
expenses 120574 postage 395413 telegrams and
express 136392 collection 397750 investment ex
penses 96942 miscellaneous 409061 agents bal
ances charged off 67887 total
Total miscellaneous expenses 32661212
275203 01
100 00
18620 27
624 56
6733 13
51 90
47408 21
38320 89
137849 76
41609 44
13007 38
61992 93
13088 97
7719 38
3876 32
7071 00
923 15
12112 57
11121 03
16240 19
30 Total disbursements
713674 09
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 107000 0
2 Loans on mortgage first liens on real estate 2033832 00
3 Loans secured by pledge of bonds stocks or other market
iii j i 126000 00
able collaterals
4 Loans and liens on this companys policies l5l4ao
5 Premium notes loans or liens on policies in force of which
2086702 was received during the year
40295 35340
ComptrollerGeneral s Beport
6 Cost value of bonds owned excluding accrued interest at
time of purchase 517407 50
7 Cash in companys office 1304 00
8 Cash deposited in banks 77 075 20
10 Agents ledger balances of which 123559 was advanced
during the year 25321 87
11 Total net or ledger assets 4449671 58
Other Assets
14 Interest accrued on mortgages 55278 58
15 Interest accrued on bonds 7441 98
16 Interest accrued on collateral loans 1373 24
17 Interest due 3609 and accrued 2539081
on premiums notes loans or liens 25426 90
18 Interest accrued on other assets 46 06
Total carried out
21 Market value of bonds and stocks over cost
New Business
Renewals
23 Gross premiums due and un
reported on policies in
force December 31 1908 20735 45 38262 30
24 Gross deferred premiums on
policies in force December
31 190S 81627 88
Totals 20735 45 119890 18
25 Deducting loading actual on
new and actual on re
newals 8239 22 23974 41
26 Net amount of uncollected
and deferred premiums 12496 23 95915 77
Extended
89566 76
9501 12
108412 00
28 Total assets as per the books of the company 4 657 151 46
Items Not Admitted
5 Agents balances
7 Loans liens and net premiums in excess
of reserve
26557 46
19863 11
9 Total assets less items not admitted 4
4610073 89ComptrollerGenerals Report
YLiabilities
1 Net Present Value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest since July 1 1907 and
on American Experience 3 per cent on
business since July 1 1907 3751670 00
Deduct net value of risks of this company
reinsured in other solvent companies 1574 00
341
Net reinsurance reserve
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 29061 09
0 Claims for death losses and other policy
claims resisted by the company 1000 00
9 Amount of trust funds held by the
company 21081 li
3750090 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz
Premiums paid in advance including interest
Fund held for special class of policies 11137699 fund
for all other contingencies 59530525 total
51142 83
41603 45
23928 02
24505 43
12772 92
706682 24
17 Liabilities on policyholders account 4610730 89
19 Total liabilities 4610730 89
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 1692 2449680 65
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 393 649509 93
Total 2085 3099190 58
Deduct number and amount which have ceased to
be in force during the year 28
429097 27342 ComptrollerGenerals Eeport
Total number and amount of policies in force
in Georgia December 31 19 i 805
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2
Amount of losses and claims on policies in Georgia
incurred during the year 13
Total 15
Amount of losses and claims on policies in Georgia
paid during the year jo
Amount of premiums collected or secured in Georgia
during the year 8578842
2670093 31
2055 27
17821 04
19876 31
19876 31
GEORGIA LIFE INSURANCE COMPANY OF MACON GEORGIA
W E Small President L A Shepherd Secretary
Principal Office Macon Georgia
ICapital Stock
1 Amount of capital stock paid up in cash 280400 00
2 Amount of capital subscribed but unpaid 719600 00
IIIncome During Year
Cash price for sale of stock 413 700 00
Total income mm QQ
HIDisbursements For The Year
i 7 Cash paid for commissions on sale of stock 37 64 03
20 Cash paid for salaries and all other compensation of
officers and other home office employees 4 sco 68
24 Cash paid for rent 00 5Q
2 Cash paid for traveling expenses 452 00
26 Cash paid for furniture fixtures and safes for home and
agency offices 726 31
27 Cash paid for advertising 222 50
29 Cash paid for the following items viz Sundry expenses 1899 01
Exchange and interest
1562 ill
30 Total disbursements
1 o 59
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 9700 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 109 96 88
ComptrollerGenerals Report 343
7 Cash in companys office 1184 70
8 Cash deposited in banks 92120 65
9 Bills receivable 153202 18
13 Total net or ledger assets less depreciation 366134 41
Items Not Admitted
7 Bills receivable 153202 18
9 Total assets less items not admitted 212932 23

GREAT AMERICAN LIFE INSURANCE COMPANY OE ST LOUIS MO
Samuel Quinn President Beauford MeKinney 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
7 Total premium income 13970 53
8 Cash received for interest on mortgage loans 25 00
9 Cash received for interest on bonds owned and dividends
on stock 229 13
10 Cash received for interest on premium notes loans or
liens none on deposits 2247 65
11 Cash received for interest on other debts due the company 631 81
16 Capital stock paid up in cash i 500000 00
17 Premium paid on capital stock in cash 302927 60
18 Notes of subscribers 367628 73
19 From all other sources viz Payments on notes held in
trust 876000 premiums paid in advance 37120
apps pending 9131 20
Total income 1202476 65
IIIDisbursements For The Year
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 1105676
commission on sale of stock 12786075 138917 51
18 Cash paid lor salaries and allowances to managers and
agents 5111 36344
CompteollebGteneeals Kepoet
19 Cash paid for medical examiners fees 2500 inspection
of risks 25000 total 275 00
20 Cash paid for salaries and all other compensation of
officers and other home office employees 10623 95
23 Cash paid for insurance department fees and agents
licenses 1456 76
24 Cash paid for rent 5834 50
27 Cash paid for advertising 413625 printing 518348
postage telegraph telephone and express 324759 ex
change 69021 total 13257 53
28 Cash paid for real estate expenses other than taxes 1478 50
29 Cash paid for the following items viz Agency super
vision and traveling expense 536 41
Interest paid on mortgages and other assets when ac
quired 1127 80
30 Total disbursements 186164 38
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 21500 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 101843 87
7 Cash in companys office 13546 99
8 Cash deposited in banks 106537 42
9 Bills receivable 367628 73
10 Agents ledger balances net which was advanced during
the year 5205 26
Certificates of deposit National Bank Commerce St Louis 400000 00
13 Total net or ledger assets less depreciation
Other Assets
1016312 27
14 Interest due 30000 and accrued 7641
on mortgages 376 41
15 Interest accrued on bonds and stocks 3848 89
18 Interest accrued on other assets 148 16
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and unreported on
policies in force December 31 1908 4459 92
24 Gross deferred premiums on policies in
force December 31 1908 628 56
4373 46
915 63
Totals
5088 4823
28
11
12
13
15
16
17
18
19
ComptrollerGenerals Beport 345
Deducting loading 3872 07
Net amount of uncollected and deferred
premiums 1216 41
Extended 1216 41
Rent on home office paid in advance 1666 67
Total assets as per the books of the company 1024484 44
Items Not Admitted
Agents balances 5824 27
Loans on personal security endorsed or
not 51 70
Bills receivable 367628 73
Total 373504 7a
Total assets less items not admitted 650979 74
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of
December 1908 computed according to
the Actuaries Table of Mortality with
four per cent interest 2425 00
Net reinsurance reserve 2425 00
Cost of collection on unreported and deferred premiums
in excess of loading 217 54
Amount of national State or other taxes due 136 50
Amount due on account of salaries rents and office ex
penses 9643 61
Medical examiners fees due or accrued 1055 0Oj
Amount of any other liability of the company viz
Premiums paid in advance 371 20
Payments on notes hold in trust 8760 00
Liabilities on policyholders account 22608 85
Gross surplus on policyholder s account 628370 89
Total liabilities 650979 74
23ins346 ComptrollerGenerals Keport
the great western life insurance company of
kansas city mo
Geo Stevenson Jr President James Chappelle Secretary
Principal Office E A Long Bldg Kansas City Mo
Charles M Fort Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock paid up in cash 100000 00
Extended at 367831 08
IIIncome During the Year
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 26513782
accident and health 196650 total 267104 32
ly0 Cash received for renewal premiums
without deductions for commissions or
other expenses 17688201 accident
and health 3150 total 176913 51
3 From dividends applied to pay running
premiums 42730 05
Total 486747 88
J Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 161563
renewals 3S412 total 1999 75
7 Total premium income 484748 13
8 Cash received for interest on mortgage loans 447161
and 86596 total 5337 57
9 Cash received for interest on bonds owned and dividends
on stock less 11349 4541 26
10 Cash received for interest on premium notes loans or
liens 154 26
11 Gross interests on deposits in trust companies and
banks 28 31
12 Dividends left with the company to accumulate at in
1 crest 8354 92
19 From all other sources viz Reorganization fund re
ceipts 12965280 capital stock unclaimed 1479
advance premiums received on applications not yet ap
proved 138258 67250 total 130377 67
Total income 633542 12
Total 1001373 20CompteollebGeneeals Report
347
IIIDisbursements For The Year
1 Cash paid for death claims including
revisionary additions 6940031 accident
and health 24896 total
69649 27
7 Total net amount actually paid for losses and matured en
dowments 69649 27
9y2 Premium notes loans or liens used in payment of divi
dends to policyholders 3372 92
10 Cash dividends paid policyholders guaranteed dividends
40545 special inc 16618 total 571 63
11 Cash dividends applied to pay running premiums 42730 05
12 Dividends left with the company to accumulate at interest 8354 92
Total paid policyholders 124678 79
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 22048822
accident and health 68822 renewals 88075 total 222057 19
18 Cash paid for salaries and allowances to managers and
agents 3438 50
19 Cash paid for medical examiners fees 1344100 inspec
tion of risks 647493 19915 93
20 Cash paid for salaries and all other compensation of
officers and other home office employees 36533 41
21 Cash paid for taxes on premiums 5547 97
23 Cash paid for insurance department fees and agents
licenses 3597 61
24 Cash paid for rent 11705 69
26 Agency supervision traveling and all other agency ex
penses 9047 02
27 Cash paid for advertising 897786 printing 1955602
postage telegraph telephone and express 520533 33739 21
28 Cash paid for legal expenses 6553 00
29 Cash paid for the following items viz Municipal licenses
92748 fees proposed increase capital stock returned
3265 agents balances chgd off 10739475 total 108354 88
Total miscellaneous expenses 37864 60
30 Total disbursements
623033 80
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate
5 Premium notes loans or liens on policies in force of
which 678101 was received during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office i
S Cash deposited in banks
138400 00
19378 00
129622 00
1303 29
66579 53348
ComptrollerGenerals Beport
10 Agents ledger balances which was advanced during the
year
Furniture and fixtures
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes
loans or liens
18 Interest accrued on other assets bank
deposits
1514 26
2202 50
150 97
256 00
Total carried out
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums on
policies in force Decem
ber 31
Renewals
4774 19 80628 12
3226 13
Totals
25 Deducting loading
4774 19 83854 25
3580 62 26120 43
20 Net amount of uncollected
and deferred premiums
Extended
1193 57 57733 82
28 Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and safes 21274 84
5 Agents balances i 781 74
7 Premium notes 164524 nets 1121082 12856 06
8 Mexico and Orient bond 90 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 De
cember 1908 computed according to The
Am Ex Table of Mortality with 3
per cent interestJ
1781 74
21274 84
378339 40
4123 73
58927 39
441390 52
36002 64
405387 88
212844 00ComptrollerGenerals Report
349

Deduct net value of risks of this company
reinsured in other solvent companies
607 00
Total 212237 00
Reserve to provide for health and acci
dent benefits contained inlife policies
Des 250000 accident and health
98100 net reinsurance reserve 3
48100 total 215718 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 12678 00
Total policy claims
11 Dividends left with the company to accumulate at in
terest 835492 and accrued net thereon 29242
13 Amount due on account of salaries rents and office ex
penses
Commissions to agents due or accrued
15 Capital stock
16 Amount of any other liability of the company viz
Premiums paid in advance 18810 advanced partial
payments returnable suspense 71008 subscription to
proposed increase capital stock unclaimed 1479 total
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
12678 00
8647 34
479 81
621 28
100000 00
912 97
339057 40
66330 48
19 Total liabilities 405387 88
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georga in force December 31 of pre
vious year 259 851200 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 13 20190 00
Total 272 871390 00
Deduct number and amount which have ceased to
be in force during the year 149 522110 00
Total number and amount of policies in force in
Georgia December 31 123
Amount of losses and claims on policies in Georgia
paid during the year 1
Amount of premiums collected or secured in Georgia
during the year in cash 1821971
349280 00
1000 00350
ComptrollekGeneral s Keport
GREENSBOBO LIFE INSURANCE COMPANY OF GREENSBORO N C
J W Fry President G Colwell Jr Secretary
Principal Office South Elm St Greensboro N C
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 146400 00
Amount of net or ledger assets December
31 of previous year 269438 49
Extended at
269438 49
IfIncome During the Year
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses
iy2 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
2t Premium notes loans or liens taken in
part payment for renewal premium
3 From dividends applied to pay running
premiums
31 From dividends applied to purchase
paidup additions and annuities
4y2 From surrender values applied to pur
chase paidup insurance and annuities
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 132431
renewals 819529 total
104347 01
159090 16
10202 69
63067 33
91 05
164 10
28 73
336891 07
9519 60
7 Total premium income
8 Cash received for interest on mortgage loans
9 Casli received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
327471 47
7680 00
2170 00
2051 71
Total income 339373 18ComptrollerGenekals Eepoet
IIIDisbursements For The Year
351
1 Cash paid for death and disability claims
including revisionary additions
5 Cash paid for sums falling due during the
year on installment policies
37901 00
493 80
7 Total net amount actually paid for lossses and matured
endowments
9 Premium notes loans or liens used in purchase of sur
rendered policies 219051 voided by lapse 1253165
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
annuities
15 Surrender values applied to purchase paidup insurance
and annuities
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 8012553
renewals 1218385
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1522484 inspec
tion of risks 127325
20 Cash paid for salaries and all other compensation of
officers and other home office employees
22 Cash paid for taxes on reserves
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
28 Cash paid for real estate expenses other than taxes
29 Cash paid for the following items viz Postage tele
graph telephone and express 204646 traveling rep
resentative officers directors 1811 54 general rep
resentative 97453 agency representative 325194
legal expenses 185315 profit and loss 55000 total
Total miscellaneous expenses 10487 62
38394 S0
14722 IS
91 05
164 1ft
28 73
92309 3
5664 3T
16498 09
18179 16
5392 14
1163 3S
3359 04
1045 03
3698 49
191 7T
10487 62
30 Total disbursements
211389 2
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 market
able collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
18100 00v
234000 00
2500 00
10424 9a352
ComptbollebGtenebals 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
9 Bills receivable
10 Agents ledger balances
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 87000 and accrued 2
25510 on mortgages
15 Interest due
16 Interest accrued on collateral loans
17 Interest accrued on premiums notes loans
ior liens
18 Interest accrued on other assets
3125 10
200 00
12 50
1208 41
431 28
Total carried out
20 Market value of real estate over cost
Total premiums
25 Deducting loading 1212 per cent on re
newals
26 Net amount of uncollected and deferred
Renewals
28960 68
3619 78
premiums
25340 90
Extended
Guaranty surplus secured by collateral approved by
missioner of Monroe N C
65469 31
45125 00
557 80
7742 82
3118 77
10383 73
397422 41
4977 29
5400 00
25340 90
100000 00
28 Total assets as per the books of the company 533 140 60
Items Not Admitted
3 Net premiums in excess of reserves
5 Agents balances
7 Bills receivable 311877 less 35000
secured by stock
Total
9 Total assets less items not admited
2897 85
11763 40
2768 77
17430 02
515710 58ComptrollebGeneeals Report
353
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and Amer Experience
4 per cent and accident 272833 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 6056 00
Net reinsurance reserve 266777 00
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 5217 15
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 942 55
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 9124 30
Total policy claims 20284 00
12 Amount of national State or other taxes due 3055 42
13 Amount due on account of salaries rents and office ex
penses and medical fees 1849 85
16 Premiums paid in advance 23107 04
Reinsurance premium due 89875 interest in advance
24477 total 1143 52
17 Liabilities on policyholders account 316216 83
18 Gross surplus on policyholders account 199493 75
19 Total liabilities 515710 58
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year issued basis 33 56500 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 330 534000 00
Total 363 590500 00354
ComptrollerGenerals Eepobt
No
Deduct number and amount which have ceased to be
in force during the year 72
Total number and amount of policies in force in
Georgia December 31 1908 paid for basis
Amount of premiums collected or secured in Georgia
during the year in cash 1380246
291
Amount
144500 00
446000 00
THE GERMANIA LIFE INSURANCE COMPANY OF NEW YORK N Y
Cornelius Doremus President Carl Heye Secretary
Principal Office 20 Nassau Street New York N Y
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
31 of previous year 38301582 19
Extended at 383oi582 19
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 503844 25
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 4162463 43
3 From dividends applied to pay running
premiums jqq 142 27
3 From dividends applied to purchase
paidup additions and annuities 44075 79
4 From surrender values applied to pur
chase paidup insurance and annuities 180874 35
5 Consideration for annuities other than
matured installment policies 9444 26
Tota 5090844 35
6 Deduct amount of premiums paid to other
companies Cor reinsurance on policies in
this company new business 157241
renewals 846790 total 10040 31
Total premium income 5080804 04
ComptrollerGenerals Report
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash recieved for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany 334180 interest on deposits 705103 total
13 Cash received for rents for use of companys property
including 35140 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
19 From all other sources viz Policy fees
Dividends left with the company to accumulate at int
355
1127786 18
369400 19
189000 71
10392 83
174668 74
18 54
2366 57
1483 45
Total income 6955921 2K
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 1649635 67
3 Cash paid for matured endowments and
additions thereto 1284076 40
5 Cash paid for sums falling due during the
year on installment policies
3500 00
Total 2937212 07
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured 23800 00
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
10 Cash dividends paid policyholders 12303619 left with
company at interest 148345 total
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
and annuities
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 3931718 81
16 Cash paid stockholders for interest 7 and 5 per cent div
dends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 19436008
renewals 19818221 annuities 13698 total
18 Cash paid for salaries and allowances to managers and
agents 10354292 agency supervision and expenses
18155534 total
2913412 Or
40682 21
124519 64
190142 27
180874 35
438012 48
180074 35
24000 00
392679 27
285098 26356
CompteolleeGenebals Eepoet
19 Cash paid for medical examiners fees 2357040 in
spection of risks 262421 total 26194 61
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 172 348 20
21 Cash paid for taxes on new premiums and renewals 46978 55
22 Cash paid for taxes on reserves 43422 on real estate
3379585 total 34 230 07
23 Cash paid for insurance department fees and agents
licenses 386768 municipal licenses etc 338472 7252 40
24 Cash paid for rent including 35140 for companys oc
cupancy 35140 00
25 Cash paid for commuting commissions 841 42
26 Cash paid for furniture fixtures and safes for home and
agency offices 1828 73
27 Cash paid for advertising 932981 printing and sta
tionery 1448637 postage etc 3258088 total 56397 00
28 Cash paid for real estate other than taxes 7335544
for legal expenses 382S52 total 77183 96
29 Cash paid for the following items viz Agents bal
ances charged off 95 804 21
Loss on sale of real estate 34166 loss on sale of bonds
3946149 other disbursements 514868 discount on
exchange 1472079 total 54523 94
Total miscellaneous expenses 1240500 68
30 Total disbursements jj 5 172 219 49
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbranees 2654794 22
2 Loans on mortgage first liens on real estate 23909693 20
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 3 374 805 02
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 9 093 127 19
7 Cash in companys office 447 25
8 Cash deposited in banks 552 417 07
13 Total net or ledger assets 40085283 95
Other Assets
14 Interest due 213514 and accrued 384
07864 on mortgages
15 Interest due 194666 and accrued 128
15062 on bonds and stocks
17 Interest due 758374 and accrued 17
60658 on premiums notes loans or liens
19 Rents due 189570 and accrued 2883
32 on companys property or lease
386213 78
130097 28
25190 32
4779 02
Total carried out
546280 40
ComptbollebGenebals Kepoet
New Business Renewals
357
23
24
25
Gross premiums due and
unreported on policies in
force December 31 1908
Gross deferred premiums
on policies in force De
cember 31 1908
17221 74 527583 75
45070 66
393800 71
Totals
Deducting loading 22 per
cent on new and
22 per cent on re
newals
62292 40 921384 46
14015 79
207311 50
26
28
Net amount of uncollected
and deferred premiums 48276 61 714072 96
Extended
762349 57
Total assets as per the books of the company 41393913 92
Items Not Admitted
Book value of ledger assets over market value 372130 87
Total assets less items not admitted 41021783 05
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American Expe
rience Table with 3 and 3 per cent
interest respectively 34677256 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 48913 00
Net reinsurance reserve 24628343 00
Claims for death losses due and unpaid 3710 41
Claims for matured endowments due and
unpaid
Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
Claims for death losses and other policy
claims resisted by the company
Amounts due and unpaid on annuity
claims
30302 70
140328 37
17000 00
2522 47358 CompteollerGeneeals Beport
8 Present value of unpaid amounts on ma
tured installment policies 43 282 90
Total policy claims 937 146 85
10 Amount of all unpaid dividends of surplus or other de
scription of profits due polieyholders including 150570
left with company at interest 79 957 45
12 Amount of national State or other taxes due 40582 87
13 Amount due on account of salaries rents and office ex
penses 882108 commissions to agents due or accrued
172222 total 1054 30
16 Amount of any other liability of the company viz
Premiums paid in advance 2383426 liability on poli
cies cancelled upon which a surrender value may be de
manded 2329199 unearned interest and rent 40
93279 medical examiners and legal fees 1558 extra
reserve for absolute war and world policies 12052683 210143 87
17 Liabilities on policyholders account 35206717 34
18 Gross surplus on policyholders account 5 815 065 71
19 Total liabilities 41021783 05
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 644 906677 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 81 136000 00
Total 725 1042677 00
Deduct number and amount which have ceased to
be in force during 1 he year 94 454 455 0l1
Total number and amount of policies in force
in Georgia December 31 1908 631 888222 00
No Amount
Amount of losses and claims 011 policies in Georgia
incurred during the year 1 3 150 00
Total 4 3150 00
Amount of losses and claims on policies in Georgia
paid during the year g 2000 00
Amount of premiums collected or secured in Geor
gia during the year in cash 32 15232 includ
ing 170s10 received at the home officeComptrollerGenerals Report
359

HOME LIFE INSURANCE COMPANY OP NEW YORK N Y
George E He President Ellis W Gladwin Secretary
Home Office 256 Broadway New York N Y
William 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 December 31 of
previous year 20233584 70
4 Extended at 20233584 70
IIIncome
5 First years premiums on original poli
cies without deduction for commissions
or other expenses less 338512 for first
years reinsurance 254185 08
7 Total first years premiums on original
policies 254185 08
8 Dividends applied to purchase paidup ad
ditions and annuities 228731 38
10 Consideration for original annuities in
volving life contingencies 30921 33
11 Consideration for supplementary contracts
involving life contingencies 3234 60
12 Total new premiums 517072 39
13 Renewal premiums without deduction for
commissions or other expenses less 24
23952 for reinsurance on renewals 2782303 20
14 Dividends applied to pay renewal pre
miums 30550 27
15 Surrender values applied to pay renewal
08 69
premiums v u
16 Renewal premiums for deferred annuities 30966 59
17 Total renewal premiums 2850028 68
18 Total premium income 3367101 07
19 Consideration for supplementary contracts not involving
life contingencies 42525 25
20 Dividends left with the company to accumulate at int 1476 80
22 Gross interest on mortgage loans 298005 05
24 Gross interest on bonds and dividends on
stocks less 1650746 accrued interest
on bonds acquired during 1908 423119 76360
ComptrollerGenerals Report
25 Gross interest on premium notes policy
loans or liens
26 Gross interest on deposit in trust compa
nies and banks
27 Gross interest on other debts due tihe com
pany
28 Gross discount on claims paid in advance
29 Gross rent from companys property in
cluding 2400000 for companys occu
pancy of its own buildings
162444 12
5979 84
1380 ot
98 li
99107 15
30 Total gross interest and rents
31 From other sources viz Profit and loss
37 From agents balances previously charged off
38 Allowance on purchase of bonds 375 00
Bonds 20942 87
stcks 5000 00
Total
39 Gross increase by adjustment in book value of ledger
assets viz Bonds
40 Total income
IIIDisbursements
1 For death claims less 1300000 reinsur
ance 99947610 additions 1200 1000676 10
2 For matured endowments 22101400 ad
ditions 12231680 total 343330 80
3
4
6
7
9
10
11
12
13
14
15
17
18
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Surrender values paid in cish or applied in liquidation
of loans or notes
Surrender values applied to pay renewal premiums
Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup additions and an
nuities
Dividends left with the company to accumulate at int
Total paid policyholders 2144937 14
Expense of investigation and settlement of policy claims
including 117163 for legal expense
Paid for claims on supplementary contracts not involv
ing lite contingencies
Paid stockholders for interest or dividends
Commissions to agents less commission on reinsurance
First years premiums 11021804 renewal premiums
990134 09
207 68
1517 94
26317 87
7133 89
4436414 62
1344006 90
46559 32
465111 27
208 62
22258 58
36550 27
228731 38
1476 80
1171 63
20409 50
15000 00ComptrollerGenerals Report 361
22668157 annuities original 130316 renewal
242207 total 340624 84
19 Commuted renewal commissions 3901 88
20 Salaries and allowances for agencies including managers
agents and clerks 38168 39
21 Agency supervision traveling and all other agency ex
penses 10334 35
22 Medical examiners fees 1440170 inspection of risks
217529 total 16576 99
23 Salaries and all other compensation of officers directors
trustees and home office employees 131150 29
24 Rent including 2400000 for comapnys occupancy of
its own buildings 24000 00
25 Advertising 1663721 printing and stationery 13237
71 postage telegraph telephone and express 475428 34629 20
26 Legal expense 3020 97
27 Furniture fixtures and safes 1882 50
28 Repairs and expenses other than taxes on real estate 35082 20
29 Taxes on real estate 13477 48
30 State taxes on premiums 41611 57
31 Insurance department licenses and fees 5833 67
32 All other licenses fees and taxes viz
33 Tax on Reserves 1869 08
34 Tax on Deposits 5 00
35 Municipal licenses and taxes 2084 04
Total 3958 12
36 Other disbursements viz
37 Investment expenses 20637 25
38 Traveling expenses of officers and home
office employees 4107 11
39 Miscellaneous expenses including legisla
tive expenses telegraph telephone ex
press etc 6633 72
41 Profit and loss 236 43
Total 31614 51
44 Gross loss on sale or maturity of ledger
assets viz Bonds 4522 37
Stocks 156 25
Total 4678 62
45 Gross decrease by adjustment in book value of ledger
assets viz Bonds 29694 48
46 Total disbursements 2951758 33
24ins362
ComptrollerGenekals Keport
IVLedger Assets
1 Book value of real estate 1643609 81
2 Mortgage loans on real estate first liens 6105030 00
4 Loans made to policyholders on this companys policies
assigned as collateral 2208912 00
5 Premium notes on policies in force 614855 53
6 Book value of bonds 901321503 and stocks 1783
97460 total 10797189 63
7 Gash in companys office 3422 82
8 Deposits in trust companies and banks not on interest 16425 10
9 Deposits in trust companies and banks on interest 300811 60
10 Agents balances debit 2946351 credit 147901
net 27984 50
12 Total ledger assets 21718240 99
NonLedger Assets
13 Interest accrued on mortgages 25 400 49
14 Interest accrued on bonds 120 329 15
16 Interest due 801312 and accrued 80862 on premium
notes policy leans or liens 8 821 74
18 Eents accrued on companys property or lease 3559 17
19 Total interest and rents due and accrued 158110 55
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums
on policies in force De
cember 31 1908
4501 96 16572S 45
2735S iS
199356 65
25 TollIs
26 Deduct loading
31860 64 36568510
6982 71 87309 73
27 Net amount of uncolleeted
and deferred premiums
24877 93 277775 37
302653 30
33 Gross assets 22179004 84
DeductAssets Not Admitted
36 Agents debit balances 29163 51
40 Bonk value of ledger assets over market
value viz Bonds and stocks 440639 63
Total
43 Admitted ascls
470103 14
21708901 70ComptrollerGenerals Report
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the New
York Insurance Department on the fol
lowing tables of mortality and rates of
interest 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 12036575 00
Same for reversionary addi
tions 547993 00
Total 12584568 00
Same as actuaries 14 5310947 00
Same for reversionary addi
tions 1444206 00
Total 6755180 00
3 American Experience taible
at 3 per cent on life en
dowment and term poli
cies with continuous or
limited premiums and
with or without a return
premium feature partici
pating 301514 00
Same for reversionary addi
tions 12 00
Total 301526 00
5 Net present value of annui
ties including those in
reduction of premiums
viz Actuaries table at
4 per cent 225780 00
American Experience table
at 3 per cent 271304 00
MeClintOcks table at 31
per cent 48986 00
Total 546070 00
363
364
ComptrollerGenerals Report
Total 20187344 00
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 122892 00
00
149297 00
8 Net reserve 20064452
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company
13 Claims for deatih losses which have been
reported and no proofs received 73098 11
14 Claims for matured endowments due and
unpaid 17386 03
15 Claims for death losses and other policy
claims resisted by the company 5000 00
17 Total policy claims
19 Dividends left with the company to accumulate at inter
est 147680 anid accrued interest thereon 23 total
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon new business
26 Medical examiners and legal fees due or accrued
7 State county and municipal taxes due or accrued
31 Dividends qr other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
44 Capital stock 125000 00
45 Unassigned funds surplus 1112177 94
95484
1499
33074
85448
998
6995
16798
12850
14
80
21
27
93
83
00
02
1825 56
Total 1237177 94
46 Total liabilities 21708901 70
Pusiness in the State of Georgia During the Year
Amount
No
12 Policies on the lives of citizens of said State
in force December 31 of previous year 457
L3 Policies on the lives of citizens of said State
issued during the year 3
12S0U7
9001
no
91
4 Total 460 1289618 95
15 Deduct ceased to be in force during the year 30 72510 95
16 Policies in force December 31 430 1217 108 00ComptrollerGenerals Report
365
18 Losses and claims incurred during year
19 Total
20 Losses and claims settled during the year in
cash 256295 by compromise 1500 total
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends Commissions or other expenses 44
39439
No 3 Amount 4062 95
3 L 3 4062 95 4062 95
ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO ILLINOIS

James W Stevens President Oswald J Arnold Secretary
Principal Office 134 Monroe St Chicago Illinois
James 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 December
31 of previous year 6065523 45
Extended at 6065523 45
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 293350 41
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 1111315 34
3 From dividends applied to pay running
premiums 20036 36
3 From dividends applied to purchase
paidup additions and annuities 3437 23
4 From surrender values applied to pur
chase paidup insurance and annuities 21232 35
Total 1449371 69
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 389747
renewals 1061705 total 14514 52
7 Total premium income 1434857 17
8 Cash received for interest on mortgage loans 68566 24366
ComptrollerGenerals Report
9 Cash received for interest on bonds owned and divi
dends on stock 74135 63
10 Cash received for interest on premium notes loans or
liens 70010 77
11 Cash received for interest on other debts due the com
pany 59930 36
12 Cash received as discount on claims paid in advance 236 71
13 Cash received for rents for use of companys property 37216 05
14 Cash received for profits on sales of bonds or stocks
22689 real estate 6400 total 290 89
19 From all other sources viz Bonus on leases assigned 118371 54
Total income 1863615 36
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 457568 93
3 Cash paid for matured endowments and
additions thereto 30574 68
Total 488143 61
7 Total net amount actually rpaid for losses and matured
endowments
8 Cash paid to annuitants
91 Premium notes loans or liens voided by lapse 6
76095 purchase of rovisionary additions 19097
interest gold bonds 61737 total
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
12 Gash dividends applied to purchase paidup additions
and annuities
13 Surrender values paid in cash
15 Surrender values applied to purchase paid up insurance
and annuities
Total paid policyholders 737022 60
16 Cash paid stockholders for interest or dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 1988703
renewals 11001761 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1828065 in
spection of risks 522409 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
22 Cah paid tor taxes on investments
23 Cash paid for insurance department fees and agents
licenses 479972 municipal licenses 34600 total
488143 til
1650 00
7569 29
9280 11
20036 36
1137 23
185673 65
21232 35
7000 00
30S704 67
10130 00
250 1 7 1
98161 90
14980 22
27840 26
5145 72ComptkolleeGenekals Beport 367
24 Cash paid for rent 9875 18
25 Postage telegraph telephone and express 590424 ex
change 88740 total 6791 64
26 Cash paid for expense 1503285 expense surrendered
policies 70663 expense investments 17115 total 15907 63
27 Cash paid for advertising 770813 printing and sta
tionery 1186937 investigating policy claims 1
50710 total 21084 60
28 Cash paid for real estate expenses other than taxes
3170983 for legal expenses 728634 total 38996 17
29 Cash paid for the following items viz Collection of
premiums 136020 loss on Kentucky mortgages
75319 legislative disbursements 12273 loss on sale
of ledger assets 1248537 increase in book value 1
51317 total 16234 66
Cash paid for agency supervision traveling and other
ageney expenses 11674 41
Total miscellaneous expenses 616040 80
30 Total disbursements J353063 40
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 696560 82
2 Loans on mortgage first liens on real estate 1020997 33
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 600520 00
4 Loans made in cash to polieyholders on this companys
policies assigned as collateral 1374916 29
5 Premium notes loans or liens on policies in force 5471 72
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 2248524 28
7 Cash in companys office 6080 10
8 Cash deposited in banks 228985 77
9 Bills receivable 3368 77
10 Agents ledger balances 179188 59
Suspense account 1908176 furniture and fixtures 29
90844 Comm Ren Comms 4410000 total 93090 20
Rental contract corporate obligation secured commuted
value 118371 54
13 Total net or ledger assets 6576075 41
Other Assets
14 Interest due 15680 and accrued 14
58254 on mortgages 14739 34
15 Interest accrued on bonds and stocks 66 67
16 Interest accrued on collateral loans 2943 55
17 Interest accrued on premiums notes loans
or liens 9261 86368
18 Interest accrued on other assets
19 Rents accrued on companys property or
lease
ComptrollerGenerals Eeport
40 55
317 10
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
27369 07
389191 68
2213 27
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 49267 13 125060 92
24 Gross deferred premiums
on policies in force De
cember 31 1908 4325 61 128105 80
Totals
25 Deduct loading averaging
25 per cent on new
and renewals
53592 74 253166 72
13398 18 63291 68
26 Net amount of uncollected
and deferred premiums 40194 56 189875 01
Extended 230069 60
28 Total assets as per the books of the company 7 224 919 03
Items Not Admitted
2 Furniture fixtures and safesi
3 Commuted commissions
4 Cash advanced to or in the hands of of
ficers or agents suspense account
5 Agents balances
7 Bills receivable
8 Loans on policies and net premiums in
excess of the net value of their policies
29908 44
44100 00
19081 76
179188 59
3368 77
43147 21
Total
318794 77
9 Total assets less items not admitted 6 906 124 26
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American Expe
rience 3io since July 1st 1907 6393376 00ComptrollerGenerals Report 369
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 12582 00
Net reinsurance reserve 6380794 00
3 Claims for death losses reported and no
proofs received 20040 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 6694 00
6 Claims for death losses and other policy
claims resisted by the company 5897 00
7 Amounts due and unpaid on annuity
claims 11643 46
9 Amount of trust funds held by the com
pany 1882 50
Total policy claims 46156 96
10 Amount of all unpaid dividends of surplus or other de
scription of profits due polieyholders 93045 55
11 Unearned interest 20144 59
12 Amount of national State or other taxes due 13716 54
13 Amount due on account of salaries rents and office ex
penses 14223 56
16 Amount of any other liability of the company viz
Premiums paid in advance 577288 special reserve to
cover credits on premiums on reinsured policies 6
15100 total 11923 88
17 Liabilities on policyholders account 6580005 08
18 Gross surplus on policyholders account 326119 18
19 Total liabilities 6906124 26
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 1089 1403554 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 294 625638 00
Total 1383 2029192 00
Deduct number and amount which have ceased to
be in force during the year 167 271685 00
Total number and amount of policies in force
in Georgia December 31 1908 1216 1757507 00370 ComptbollebGenebals Bepoet
No
Amount of loss and claims on policies in Georgia
unpaid December 31 of previous year 3
Amount of loss and claims on policies in Georgia
incurred during the year 5
Total g
Amount of loss and claims on policies in Georgia
paid during the year 7
Amount of premiums collected or secured in Geor
gia during the year in cash 4443799
Amount
4000 0O
8000 00
12000 00
11000 00
INTERNATIONAL LIFE INSURANCE COMPANY OP ST LOUIS MO
Massey Wilson President Beauford McKinney and W H McBride Sees
Principal Office St Louis Missouri
H W Campbell Cordele Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 620350 00
IIIncome During the Year
18 Ledger assets Great American Life 705 666 95
19 From all other sources viz Ledger assets Interna
tional Life 466129 37
Total income i171796 32
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 313800 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals jg 39Q qq
6 Cost value of bonds and stocks owned excluding ac
crued interest at time o purchase 140 787 00
7 Cash in companys office o 39
8 Cash deposited in banks 535 ggg rg
9 Bills receivable 89 q go
10 Agents ledger balances 23 157 66
13 Total net or ledger assets j i jg 00
Other Assets
14 Interest due 675 and accrued 652746
on mortgages 7202 4615
18
21
23
24
26
10
11
12
ComptrollerGenerals Report 371
Interest accrued on bonds and stocks 1936 32
Interest accrued on other assets 7685 53
Total carried out 16824 31
Market value of bonds and stocks over cost 337 50
New Business
Gross premiums due and unreported on
policies in force August 19 1909 67059 75
Gross deferred premiums on policies in
force August 19 1909 1540 14
Total 65599 89
Deducting loading 53758 93
Net amount of uncollected and deferred
premiums 14840 96
Extended 14840 96
Total assets as per the books of the company 1203799 09
Items Not Admitted
Agents balances 24182 78
Collateral loans 18390 00
Bills receivable 89430 68
Net premiums over 60 days old 181 00
Total 132184 46
Total assets less items not admitted 1071614 63
VLiabilities
Net present value of all the outstanding
policies in force on the 19th day of
August 1909 computed according to The
Actuaries Table of Mortality with four
per cent interest and some modifica
tions on American Experience Table and
31 per cent 28454 50
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 470 00
Net reinsurance reserve 27984 50
Cost of collection on deferred and unreported premiums
in excess of loading 1277 18
Due and unpaid on contracts not involving life con
tingencies 20 42
Net due reinsurance contracts 18 59372 ComptbollerGenebals Eepoet
13 Amount due on account of salaries rents and office ex
A t pense 6348 36
14 Amount due by the company for borrowed money 82073 24
15 Inspection fees 24227 advance and partial payments
137402 total lfilQ 2g
16 Amount of any other liability of the company viz
Premiums paid in advance 92 76
Due stockholders of former International under consoli
dation agreement 25 950 00
17 Liabilities on policyholder s account 145 334 34
18 Gross surplus on policyholders account 92e233 29
19 Total liabilities 1071614 63
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force August 19th 1909 241 430646 00
Total number and amount of policies in force
in Georgia August 19th 1909 241 430646 00
JEFFERSON STANDARD LIFE INSURANCE COMPANY OF
RALEIGH NORTH CAROLINA
Jos G Brown President ahas W GoHi Secretarv
Principal Office Fayetteville Street Raleigh N C
H II Bass Atlanta Attorney for Service in Georgia
ICapita Stock
1 Amount of capital stock
paid up in cash 250000 00
Amount of net or ledger assets December
31 of previous year 497815 79
Extended at 497815 79
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 52974 83
Yi Cash received for renewal premiums
without deductions for commissions or
other expenses 19 302 68
ComptrollerGenerals Eeport 373
Premium notes loans or liens taken in
part payment for premiums on new pol
icies 4357 07
Total 76634 58
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 169106
renewals 11363 total 1804 69
7 Total premium income 74829 89
8 Cash received for interest on mortgage loans 300 00
9 Cash received for interest on bonds owned and divi
dends on stock 18440 90
10 Cash received for interest on premium notes loans or
liens 169 57
11 Cash received for interest on other debts due the com
pany collateral loans 2625 25
13 Cash received for rents for use of companys property 28 50
Total income 96394 11
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 1500 00
Total 1500 00
7 Total net amount actually paid for losses and matured
endowments
9 Premium notes loans or liens used in purchase of poli
cies voided by lapse
13 Surrender values paid in cash
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 2663980
renewals 94819 total
19 Cash paid for medical examiners fees 1084700 in
spection of risks 93931 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
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent
27 Cash paid for advertising 302546 printing 229531
postage telephone and telegraph and express 173372
28 Cash paid for legal expenses
29 Cash paid for the following items viz Traveling ex
penses
1500 00
444 30
72 00
27587 99
11786 31
17801 23
105 05
2313 25
937 95
1630 40
7054 49
310 00
2809 46374 ComptrollerQejsterals Report
Cash paid for health benefits 15069 sundries 97746
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 ma
ketable collaterals
4 Loans made in cash to polieyholders on this company s
policies assigned as collateral
5 Premium notes loans or liens on policies in force of
which 435707 was received during the year
6 Cost value of bonds and stocks owned excluding ae
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances of which 716247 was advanced
during the year
Furniture and fixtures
13 Total net or ledger assets
Other Assets
14 Interest accrued on mortgagess
19 Rents accrued on companys property or
lease
134 45
13 50
Total carried out
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 15380 01 2532 05
24 Gross deferred premiums
on policies in force De
cember 31 1908 1815 30 715 83
Totals
25 Deducting loading 66 23
per cent on new and
219 per cent on renew
als
17196 21 3247 88
1 1580 56
711 7
26 Not amount of uncollected
and deferred premiums
Extended
28 Total assets as per the books of the company
5615 65 2536 11
1128 15
75480 58
2323 61
11000 00
52500 00
802 63
4357 07
387005 45
911 30
49007 54
8865 75
1955 97
581729 32
147 95
8151 76
527029 03ComptrollerGenerals Report
375
Items Not Admitted

2 Furniture fixtures and safes
5 Agents balances
1955 97
8865 75
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 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and Am Ex 3
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
30702 00
644 00
Net reinsurance reserve
13 Excess amount net uncollected premiums over reserves
16 Amount of any other liability of the company viz
Premiums paid in advance
Commissions due agents on premium notes when paid
189655 medical examiners fees 81750 total
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
10821 72
516207 31
30058 00
644 00
114 95
2714 05
33531 00
482676 31
19 Total liabilities
Business in the State of Georgia During the Year
516207 31
Number and amount of ipolicies on the lives of citi
zens of Georgia issued during the year
Total
Deduct number and amount which have ceased to
be in force during the year
Total number and amount of policies in force
in Georgia December 3l 1908
Amount of premiums collected or secured in Geor
gia during the year in cash 222462
No Amount
86 141000 00
86
21
65
141000 00
39500 00
101500 00
376
CompteollebGeneeals Eepoet
LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND VIRGINIA
J G Walker President W L T Rogerson Secretary
Principal Office 909 East Broad St Richmond Va
L Z Rosser and Morris Brandon 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 December
31 of previous year 3455308 24
Extended at 3455308 24
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 402318 42
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 2038125 49
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies 4 11
22 Premium notes loans or liens taken in
part payment for renewal premiums 1317 84
3 From dividends applied to pay running
premiums 1618 65
31 From dividends applied to purchase
paidup additions and annuities 538 70
4 From surrender values applied to pay run
ning premiums 341 60
4 From surrender values applied to pur
chase paidup insurance and annuities 13895 26
Total 2458160 07
i Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 39052
renewals 121438 total 1604 90
7 Total premium income 2456555 17
8 Cash received for interest on mortgage loans 115512 43
9 ash received for interest on bonds owned and divi
dends on stock 42869 53
10 Cash received for interest on premium notes loans or
Hens 6675 82ComptbolleeGeneeals Eepokt
377
11 Cash received for interest on other debts due the com
pany 12346 73
13 Cash received for rents for use of companys property
including 720000 for companys own occupancy 8105 25
14 Cash received for profits on sales of bonds or stocks
50 real estate 48447 total 534 47
19 From all other sources viz Agents cash bonds 1793 00
Total income 2644392 40
IIIDisbursements for the Year
1 Cash paid for death claims including re
visiorrary additions 728451 70
3 Cash paid for matured endowments and
additions thereto 470 48
Total 728922 18
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured 4000 00
7 Total net amount actually paid for losses and matured
endowments 724922 18
8 Cash paid for weekly indemnity claims 414 15
9 Premium notes loans or liens used in purchase of surren
dered policies voided by lapse 94028 less
amount restored 1416 926 12
10 Cash dividends paid policyholders 36133 74
11 Cash dividends applied to pay running premiums 1618 65
12 Cash dividends applied to purchase paidup additions and
annuities 538 70
13 Surrender values paid in cash 27224 28
14 Surrender values applied to pay running premiums 341 60
15 Surrender values applied to purchase paidup insurance
and annuities 13895 26
Total paid policyholders 806014 68
16 Cash paid stockholders for interest on dividends 36000 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 14421740
renewals 27547836 total 419695 76
18 Cash paid for salaries and allowances to managers and
agents and for agency expenses 238279 09
19 Cash paid for medical examiners fees 4213906 in
spection of risks 63424 total 42773 30
20 Cash paid for salaries and all other compensation or of
ficers and other home office employees 124276 31
21 Cash paid for taxes on premiums 37397 12
22 Cash paid for taxes on franchise and personal property 3868 74
25ins378
ComptrollerGenerals Report
23 Cash paid for insurance department fees and agents
licenses 134996 State and municipal licenses 9
37365 total 10723 61
24 Cash paid for rentincluding 720000 for companys oc
cupancy less 18000 received under sublease 24298 57
26 Cash paid for furniture fixtures and safes for home and
agency offices 4707 65
27 Cash paid for advertising 1874671 printing and sta
tionery 1474780 postage telephone telegraph and
express 592640 total 39420 91
28 Cash paid for real estate expenses other than taxes
37993 for legal expenses 1523851 total 15618 44
29 Cash paid for the following items viz Traveling ex
penses 198009 general expenses 864786 total 10627 95
Profit and loss 54000 agents cash bonds 114300
decrease in book value of bonds 47300 total 2156 00
Total miscellaneous expenses 1009843 45
30 Total disbursements 1815858 13
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 of
which 132195 was received during the year
6 Book value of bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash in companys offices
8 Cash deposited in banks
iS S Brooke Clerk Circuit Court Roanoke Va
City National Bank of Greensboro N C
90697 73
2654251 58
71734 00
109095 55
5621 54
2639 05
269310 04
20 70
212 80
13 Total net or ledger assets 4283842 51
Other Assets
14 Interest due 192570 and accrued 28
39974 on mortgages 32325 44
15 Interest due 80000 and accrued 15
20706 on bonds and stocks 16007 06
16 Interest accrued on collateral loans 1486 61
17 In Iciest due 56499 and accrued 756
on premiums notes loans or liens 572 G5ComptrollerGenerals Report
379

19 Rents due and accrued on companys prop
erty or lease
171 66
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
48563 32
30781 87
12415 65
New Business Renewals
23
24
Gross premiums due and
unreported on policies in
force December 31 1908
Gross deferred premiums
on policies in force De
cember 31 1908
5498 63 31205 73
13381 49
Totals
25 Deduct loading
18880 12
5775 21
26 Net amount of uncollected
and deferred premiums
13104 91
50301 09
81506 82
26965 22
54541 60
Extended
Premium extension notes
67646 51
1651 98
28 Total assets as per the books of the company 4444901 84
Items Not Admitted
5 Premium notes and loans on policies and net premiums
in item No 26 in excess of the net value of their pol
icies 190 22
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 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest American 3 and 3
per cent and Standard Industrial 3i
per cent including special reserve 3473374 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 683 00
4444711 62
Net reinsurance reserve 3472691 00
2 Liability on policies cancelled not included in item No
1 upon which a surrender value may be demanded 8568 00
3 Claims for death losses not reported es
timated 20000 00 380 ComptrollerGenerals Report
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 15881 10
6 Claims for death losses and other policy
claims resisted by the company 2000 00
Total policy claims 37881 10
10 Amount of all unpaid dividends of surplus or other de
scription of profits due polieyholders 4200 02
10 Amount of all dividends apportioned payable to policy
holders in 1909 1417 94
11 Amount of unpaid dividends stockholders 6000 00
12 Amount of national State or other taxes due or accrued 39344 72
13 Amount due or accrued on account of salaries rents and
office expenses medical and legal fees 18267 63
14 Unearned interest and rents paid in advance 2688 13
15 Commissions due agents on premium notes when paid 82 60
16 Amount of any other liability of the company viz
Premiums paid in advance 49555 76
Agents cash bonds 1900 00
17 Liabilities 3642596 90
18 Surplus 602114 72
Capital stock 200000 00
19 Total liabilities 4444711 62
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 16810 2063884 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year12672 1608488 00
Total 29482 367237200
Deduct number and amount which have ceased to
be in force during the year10591 1233093 00
Total number and amount of policies in force
in Georgia December 31 190818891 2439279 00
No Amount
Amount of losses and claims on policies in Georgia
incurred during the year 239 20378 08
Total 239 20378 08
Amount of losses and claims on policies in Georgia
paid during the year 239 20378 OS
Amount of premiums collected or secured in Geor
gia during the year in cash 9835550ComptbollebGeneeals Bepoet
381
MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK N Y
Henry B Stokes President M W Torrey Secretary
Home Office 646668 and 70 Broadway New York N Y
Marshall B Young Esq Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of net or ledger assets December
31 of previous year 19976582 23
4 Extended at 19976582 23
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 219625 for first
years reinsurance 131976 90
6 Surrender values applied to pay first
years premiums 7239 01
7 Total first years premiums on original
policies 139215 91
8 Dividends applied to purchase paidup ad
ditions and annuities 4642 46
9 Surrender values applied to purchase
paidup insurance and annuities 244 00
10 Consideration for original annuities in
volving life contingencies 195 93
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 18
65576 for reinsurance on renewals 2062525 56
14 Dividends applied to pay renewal pre
miums 35532 52
15 Surrender values applied to pay renewal
premiums
3899 48
144298 30
17 Total renewal premiums 2101957 56
18 Total premium income 2246255 86
19 Consideration for supplementary contracts not involving
life contingencies 804 07
20 Dividends left with the company to accumulate at int 734 82
22 Gross interest on mortgage loans 436735 29
23 Gross interest on collateral loans 9489 58382 ComptrollerGenerals Report
24 Gross interest on bonds and dividends on
stocks 144875 00
25 Gross interest on premium notes policy
loans or liens 144026 33
26 Gross interest on deposits in trust com
panies and banks 10047 20
27 Gross interests on other debts due the
company 1876 82
29 Gross rent from companys property in
cluding 6150000 for companys oecu
pancy of its own buildings 300331 38
30 Total gross interests and rents 1047381 60
31 From other sources viz Advances made in 1907 against
1st yr comms and repaid during 1908 240 36
38 Gross profit on sale or maturity of ledger assets viz
Real estate 100 00
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 9732 17
40 Total income 3305248 88
IIIDisbursements
1 For death claims 132991311 additions
116800 total 133108111
2 For matured endowments 20610700 ad
ditions 97100 total 207078 00
3 Net amount paid for losses and matured endowments 1538159 11
4 For annuities involving life contingencies 10753 59
5 Premium notes and liens voided by lapse less 546087
restorations 13617 69
6 Surrender values paid in cash or applied in liquidation
of loans or notes 421171 65
7 Surrender values applied to pay new premiums 723901
to pay renewal premiums 389948 total 11138 10
8 Surrender values applied to purchase paidup insurance
and annuities 2 M 00
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 73475 26
10 Dividends applied to pay renewal premiums 35532 52
11 Dividends applied to purchase paidup additions and an
nuities 4642 46
12 Dividends left with the company to accumulate at int 734 82
13 Total paid policyholders 2109772 59
14 Expense of investigation and settlement of policy claims
for legal expenses 169 35ComptrollerGenerals Report
383

15 Paid for claims on supplementary contracts not involving
life contingencies 1350 00
16 Dividends held on deposit surrendered during the year 16 70
17 Paid stockholders for interest or dividends 20000 00
18 Commissions to agents less commission on reinsurance
First years premiums 5768551 renewal premiums
11324396 annuities original 506 170934 53
19 Commuted renewal commissions 3960 41
20 Salaries and allowances for agencies including managers
agents and clerks 20338 60
21 Agency supervision traveling and all other agency ex
penses 19492 79
22 Medical examiners fees 1054400 inspection of risks
292616 13470 16
23 Salaries and all other compensation of officers directors
trustees and home office employees 121642 33
24 Rent including 6150000 for companys occupancy of its
own buildings less 61000 received under sublease 75806 55
25 Advertising 477729 printing and stationery 802263
postage telegraph telephone express and exchange
935040 22150 32
26 Legal expense 18325 95
27 Furniture fixtures and safes 900 43
28 Repairs and expenses otiher than taxes on real estate 93575 24
29 Taxes on real estate 72271 IS
30 State taxes on premiums 34670 45
31 Insurance department licenses and fees 6328 92
32 All other licenses fees and taxes give items and
amounts County and municipal licenses and taxes
159046 legal advertising 95148 2541 94
36 Other disbursements give items and amounts Pre
miums on life insurance policies to secure agents in
debtedness 50340 all other office expenses 1321868 13722 08
45 Gross decrease by adjustment in book value of ledger
assets viz Bonds 49646 08
46 Total disbursements 2871086 60
IVLedger Assets
1 Book value of real estate 5296465 37
2 Mortgage loans on real estate 8240075 00
4 Loans made to policyholders on this companys policies
assigned as collateral 2577136 86
5 Premium notes on policies in force of which 810085
is for first years premium 243692 90
6 Book value of bonds 297810800 and stocks 230
26608 3208374 08
7 Cash in companys office 1110563 deposits in trust
companies and banks not on interest 2500000 de384
ComptbollebGejsteeals Eepobt
posits in trust companies and banks on interest 773
45999 total 809565 62
10 Agents balances debit 3627213 credit 177753 net 34494 60
11 Certificates Knickerbocker Trust Co 940 08
12 Total ledger assets 20410744 51
NonLedger Assets
13 Interest accrued on mortgages
14 1 nterest accrued on bonds
16 Interest due and accrued on premiums notes policy loans
or liens
17 Interest due and accrued on other assets
18 Rents due 277499 and accrued 933000 on com
pany s property or lease
19 Total interest and rents due and accrued
20 Market value of real estate over book value
174687 18
41305 78
22639 00
4576 90
12104 99
255313 85
3234 63
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums
on policies in fprce De
cember 31 1908
1074 93 1288S2 27
4434 00 Hi794 00
25 Totals 3
26 Deduct loading 22
5508 93 195676 27
1225 74 43537 97
27 Net amount of uncollected
and deferred premiums
4283 19 152138 30 156421 49
33 Gross assets 20825714 48
Deduct Assets Not Admitted
36272 13
107151 12
36 Agents debit balances
40 Book value of ledger assets over market
value viz Bonds and stocks
Total
43 Admitted assets
143423 25
20682291 23
VLiabilities
Net present value of all the outstanding policies in force on
the 31st day of December 1908 as computed by the
New York Insurance Department on the following tables
of mortality and rates of interest vizComptrollerGenerals Eeport
385
1 Actuaries table at 4 per cent on policies issued prior to
January 1 1909 1458945900 same for reversionary
additions 2907000 14618529 00
2 American Experience table at 3 per cent on policies
issued after January 1 1901 on nonparticipating plan 420024 00
3 American Experience table at 3 per cent on policies issued
after January 1 1901 on participating plan 3323
42500 same for reversionary additions 75700 3324182 00
5 Net present value of annuities including those in re
duction of premiums give tables and rates of interest
viz Act 4 on annuities issued prior to January 1 1901
4764600 American Experience 3 on annuities
issued after January 1 1901 5015300 MeClintocks
3 on annuities issued after Jan 1 1907 65100 98450 00
Total 18461185 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 83504 00
8 Net reserve 18377681 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies
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
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 less
reserve
14 Claims for matured endowments due and
unpaid
15 Claims for death losses and other policy
claims resisted by the company
16 Due and unpaid on annuity claims in
volving life contingencies
3769 08
9013 00
30317 00
2744 09
11000 00
280 80
17 Total policy claims
19 Dividends left with the company to accumulate at inter
est 71812 and accrued interest thereon 1077
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due or
accrued
26 Medical examiners and legal fees due or accrued
20171 00
5880 00
57123 97
728 89
20739 40
71816 62
9750 14
1200 00
5500 00
770 00
386 Comptroller General s Eeport
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums ig 113 73
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise 15450 12
33 Dividends declared on or apportioned to deferred dividend
policeis payable to polieyholders during 1909 49 141 28
36 Amount to provide for any possible depreciation or other
contingencies 50000 00
44 Capital stock 100000 00
45 Unassigned funds surplus 1880 225 08
46 Total liabilities 20682291 23
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State in
force December 31 of previous year 1694 2925 276 00
13 Policies on the lives of citizens of said State
issued during the year 217 330634 00
14 Total 1911 3255910 00
15 Deduct ceased to be in force during the year 193 370197 00
16 Policies in force December 31 1718 2885713 00
No Amount
17 Losses and claims unpaid December 31 of pre
vious year 3 1400 00
18i Losses and claims incurred during the year 17 38733 00
19 Total 20 4013300
20 Losses and claims settled during the year in
eash 20 40133 00
22 Premiums collected or secured iii cash and notes without
any deduct ion for losses dividends commissions or
other expenses 87 020 79
MARYLAND LIFE INSURANCE COMPANY OF MARYLAND
Wm II Blackford President loin Hanson Secretary
Principal Office 8 and 10 South St Baltimore Md
Coke S Davis Atlanta Attorney for Service in Georgia
ICapita Stock
1 Amount of capital paid up
cash 100000 0010
12
13
14
15
17
18
s 22
23
24
25

26
27
29
30
32
ComptbollerGenekals Beport 387
Amount of ledger assets as per balance
December 31 of previous year 2743939 06
Extended at 2743939 06
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 72964 for first
years reinsurance 27559 16
Surrender values applied to pay first years
premiums 632 38
Total first years premiums on original
policies 28191 54
Dividends applied to purchase paidup ad
ditions and annuities 1179 83
Consideration for original annuities in
volving life contingencies 4782 05
Total new premiums 34153 42
Eenewal premiums without deduction for
commissions or other expenses less 12
26553 for reinsurance on renewals 262409 12
Dividends applied to pay renewal pre1
miums 13613 47
Surrender values applied to pay renewal
premiums 30 00
Total renewal premiums 2760o2 o9
Total premium income 310206 01
Gross interest on mortgage loans 8449 20
Gross interest on collateral loans 1259 42
Gross interest on bonds and dividends on
stocks less 169231 accrued interest on
bonds acquired during 1908 91717 39
Gross interest on premium notes policy
loans or liens 13910 16
Gross interest on deposits in trust com
panies and banks 280 51
Gross interest on other debts due the
company 158 63
Gross rent from companys property in
cluding occupancy of companys own
buildings IS444 76
Total gross interest and rents 134220 13
Policies of reinsurance surrendered 2328 88388
ComptrollerGexerals Beport
38 Gross profit on sale or maturity of ledger assets viz
Bonds
40 Total income
72 52
446827 54
IIIDisbursements
1 For death claims less 300000 reinsur
ance 14019263 additions 571064 145903 27
2 For matured endowments 4484500 ad
ditions 8800 44933 00
3 Net amount paid for losses and matured endowments 190836 27
4 For annuities involving life contingencies 6454 53
5 Premium notes and liens voided by lapse 1151 25
6 Surrender values paid in cash or applied in liquidation
of loans or notes 13250 88
7 Surrender values applied to pay new premiums 63238
to pay renewal premiums 3000 total 662 38
9 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes 4299 28
10 Dividends applied to pay renewal premiums 13613 47
11 Dividends applied to purchase paidup additions and
annuities 1179 83
13 Total paid polieyholders 231447 89
17 Paid stockholders for interest or dividends 6000 00
18 Commissions to agents less commission on reinsurance
first years premiums 1391768 Tenewal premiums
1293530 annuities original 12705 26980 03
20 Salaries and allowances for agencies including managers
agents and clerks 3771 39
21 Agency supervision traveling and all other agency ex
penses 1834 44
22 Medical examiners fees 276700 inspection of risks
49542 total 3262 42
23 Salaries and all other compensation of officers directors
trustees and home office employees 22505 25
25 Advertising 97007 printing and stationery 135888
postage telegraph telephone and express 125674
exchange 10297 total 3688 66
26 Legal expense 670 50
28 Repairs and expenses other than taxes on real estate 3892 44
29 Taxes on real estate 4062 59
30 State taxes on premiums 2025 66
31 Insurance department licenses and fees 2427 50
32 All other licenses fees and taxes viz Municipal and
county licenses 35709 municipal tax on premiums
39971 county tax on stock 22679 total 983 59CompteollebGenebals Eepoet
36 Other disbursements viz Fire insurance premium ac
count 3000 library bureau 75575 sundry expenses
106327 total
43 Agents balances charged off
45 Gross decrease by adjustment in book value of ledger
assets viz Real estate
389
1849 02
974 47
2466 96

46 Total disbursements
318842 81
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes and premium loans on policies in force
of which 9060 is for first years premiums
6 Book value of bonds 201725892 and stocks 93
21763 total
7 Cash in companys office 2759 38
8 Deposits in trust companies and banks
not on interest 61286 52
9 Deposits in trust companies and banks
on interest 8666 56
255000 00
148090 00
4500 00
244995 50
17430 14
2110476 55
Total
10 Agents balances debit 298516 credit 100166
11
net
Deposit with Balto Equitable So 20000 furniture ac
count 253889 open account judgments and sus
pended accounts 1399675 total
72712 46
1983 50
16735 64
12 Total ledger assets
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest due 76137 and accrued 336539 on pre
mium notes policy loans or liens
18 Rents due on companys property or lease
19 Total interest and rents due and accrued
21 Market value of bonds and stocks over book value
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 321 72 17416 13
2871923 79
2613 30
12785 59
46 87
4126 76
627 90

20200 42
28301 07390
ComptrollerGenerals Report
24 Gross deferred premiums
on policies in force De
cember 31 1908
1861 59
20359 59
25 Totals
26 Deduct loading
2183 31 37775 72
588 94 9901 57
27 Net amount of uncollected
and deferred premiums
1594 37
7874 15
29468 52
33 Gross assets 2949 9g3 8Q
Deduct Assets Not Admitted
35 Furniture fixtures and safesj
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 Open accounts judgments
and suspended accounts
2538 89
1983 50
20 00
13996 75
Total
43 Admitted assets
18539 14
2931414 66
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the Mary
land Ins Dept on the following tables
of mortality and rates of interest viz
1 Actuaries table at 4 per cent
Same for reversionary additions 2531083 51
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies
56611 57
8 et reserve
LI Claims for death losses due and unpaid
awaiting release
13 Claims for deal1 losses which have been
reported and no proofs received
11 Claims for matured endowments due and
unpaid
2471471 94
1 13 58
12688 23
5064 95
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
17866 76
191 04ComptrollerGeneeals Report 391
21 Unearned interest and rent paid in advance 36 61
22 Commissions due to agents on premium notes when paid
estimated 500 00
23 Commissions to agents due or accrued about 1500 00
25 Salaries rents office expenses bills and accounts due
or accrued 143 49
26 Medical examiners and legal fees due or accrued 225 00
27 State county and municipal taxes due or accrued est 2100 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums o7o8
39 All other liabilities viz Small cash sur value balances 114 88
41 Premiums due and deferred on policies of reinsurance
less loading 3028 00
44 Capital stock 100000 00
45 Unassigned funds surplus 324378 72
46 Total liabilities 2931414 66
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State in
force December 31 of previous year corrected
from last years statement 382 566481 00
13 Policies on the lives of citizens of said State
issued during the year 106 129840 00
14 Total 488 696321 00
15 Deduct ceased to be in force during the year
removed from State etc 62 90164 00
16 Policies in force December 31 426 606157 00
No Amount
18 Losses and claims incurred during year 4 6112 00
20 Losses and claims settled during the year in cash 3 51 12 00
21 Losses and claims unpaid December 31 1 1000 00
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses 19
64589392 ComptbollebGenebals Eepoet
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF
SPRINGFIELD MASSACHUSETTS
Wm W McClench President Wheeler H Hall Secretary
Home Office 500 Main Street Springfield Massachusetts
William J Harty Savannah Attorney for Service in Georgia
ICapital Stock
2 Amount of ledge assets December 81 of
previous year 45233849 58
4 Extended at 45233849 58
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 631299 55
7 Total first years premiums on original
policies 631299 55
8 Dividends applied to purchase paidup ad
ditions and annuities 85 576 94
11 Consideration for supplementary contracts
involving life contingencies 1382 32
12 Total new premiums yjg 958 81
13 Renewal premiums without deduction for
commissions or otiher expenses less 131
47484 for reinsurance on renewals 6131114 48
14 Dividends applied to pay renewal pre
miums 1009938 79
17 Total renewal premiums 7 141 053 97
18 Total premium income 7 859 312 08
19 Consideration for supplementary contracts not involving
life contingencies 59998 62
20 Dividends left with the company to accumulate at int 130 252 61
22 Gross interest on mortgage loans 828005 73
24 Gross interest on bonds and dividends on
stocks less 2253400 accrued interest
on bonds acquired during 1908 869761 94
25 Gross interest on premium notes policy
loans or liens 396009 23
26 Gross interest on deposits in trust com
panies and banks 2042 27
27 Gross interest on other debts due the
company 2564 39ComptbollebGenerals Report
28 Gross discount on claims paid in advance 207 78
29 Gross rent from companys property in
cluding 1000000 for companys occu
pancy of its own buildings 13831 05
393
30 Total gross interest and rents
31 From other sources viz
32 Protest fees
33 Deposit in Merchants National Bank
Portland Oregon
34 First and second dividends Mt Hope
Cemetery Stock
35 Taxes and expenses in connection with
mortgage loans
2122422 39
10 66
1956 54
1000 00
1906 38
Total
37 From agents balances previously charged off
39 Gross increase by adjustment in book value of ledger
assets viz Bonds
4873 58
246 34
30400 00
40 Total income 10207505 62
IIIDisbursements
1 For death claims less 7552200 rein
surance 232514097 additions 17
41300 total 2342553 97
2 For matured endowments 27854000 ad
ditions 750300 total 286043 00
3 Net amount paid for losses and matured endowments 2628596 97
5 Premium notes and liens voided by lapse less 1852402
restorations 25624 05
6 Surrender values paid in cash or applied in liquidation
of loans or notes 793961 16
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 151167 34
10 Dividends applied to pay renewal premiums 1009938 79
11 Dividends applied to purchase paidup additions and an
nuities 85576 94
12 Dividends left with the company to accumulate at int 130252 61
13 Total paid policyholders 4825117 86
14 Expense of investigation and settlement of policy claims
including 60975 for legal expenses 119488
15 Paid for claims on supplementary contracts not involving
life contingencies 50234 92
16 Dividends held on deposit surrendered during the year
4298241 with interest thereon 471084 total 47693 25
26ins394 ComptrollerGenerals Report
18 Commission to agents less commission on reinsurance
first years premiums 27388235 renewal premiums
40600504 total 679887 39
20 Salaries and allowances for agencies including manag
ers agents and clerks 79644 07
21 Agency supervision traveling and all other agency ex
penses 8503 87
22 Medical examiners fees 5009550 inspection of risks
596600 total 56061 50
23 Salaries and all other compensation of officers directors
trustees and home office employees 190777 05
24 Rent including 1000000 for companys occupancy of
its own buildings 60480 71
25 Advertising 1029484 printing and stationery 54
15926 postage telegraph telephone and express 29
16103 exchange 12984 total 93744 97
26 Legal expense 25 00
27 Furniture fixtures and safes 24798 37
28 Repairs and expenses other than taxes on real estate 6966 10
29 Taxes on real estate 13268 14
30 State taxes on premiums 88542 02
31 Insurance department licenses and fees 5695 45
32 All other licenses fees and taxes 44188 61
33 Home office and agency traveling 5914 72
34 Surety bonds and publications 556577
heat light and repairs 565909 total 11224 86
35 Shipping supplies and janitor service 2
22058 miscellaneous 561460 total 7835 18
Total 24974 76
37 Net expense of mprtgage loan agencies 17623 92
38 Premiums on securities purchased 49280 50
39 Commissions on bonds and real estate pur
chased and sold 2133 75
40 Protest fees 20 18
41 Taxes and expenses in connection with
mortgage loans 1697 70
Total 70756 05
45 Gross decrease by adjustment in book value of ledger
assets viz Real estate 45000 bonds 41940total sii940 00
46 Total disbursements 6459494 97
IVLedger Assets
1 Hook value of real estate 1 201 956 87
2 Mortgage loans on real estate 17774 391 93
4 Loans made to policyholders on this companys policies
assigned as collateral 6634831 00ComptrollerGenerals Eeport
395
9
10
Premium notes on policies in force 878787 73
Book value of bonds 2130465850 and stocks 422
96550 total 21727624 00
Cash in companys office 2762 82
Deposits in trust companies and banks not on interest 513459 65
Deposits in trust companies and banks on interest 245410 33
Bills receivable 2635 90

12 Total ledger assets 4898i860 23
13
14
16
17
19
20
21
22
NonLedger Assets
Interest due 165875 and accrued 249
79094 on mortgages 251449 69
Interest accrued on bonds 325290 06
Interest due 2382483 and accrued 123
97316 on premium notes policy loans
or liens 147797 99
Interest accrued on other assets 76 19
Total interest and rents due and accrued 724613 93
Market value of real estate over book value 25761 92
Market value of bonds and stocks over book value 406515 00
Due from other companies for losses or claims on policies
of this company reinsured 10000 00
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
less reinsurance
24 Gross deferred premiums
on policies in force De
cember 31 1908 less re
insurance
25
26
27
Totals
Deduct loading 256
8536 09 393443 46
69492 18
747135 09
78028 27 1140578 55
19975 24 291988 12
Net amount of uncollected
and deferred premiums 58053 03 848590 h
906643 46
33 Gross assets
51055 I 54
Deduct Assets Not Admitted
38
43
Bills receivable
Admitted assets
2635 90
51052758 64396
ComptrollerGenerals Eeport
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed toy the com
pany on the following tables of mor
tality and rates of interest viz
1 Actuaries table at four per cent on poli
cies issued prior to January 1 1901 33458703 00
Same for reversionary additions 454688 00
Total 33913391 00
2 American Experience table at three and
onehalf per cent on policies issued from
January 1 1901 to September 30 1907
both inclusive except a few joint life
policies included in number 3 11156515 00
Same for reversionary additions 244648 00
Tota 11401163 00
3 American Experience table at three per
cent on policies issued on and after
October 1 1907 and joint life policies
referred to in number 2 640364 00
Same for reversionary additions 81753 00
Total 722117 00
5 Net present value of annuities including
those in reduction of premiums viz
American Experience table and three per
cent interest 9091 00
American Experience table and three and
onehalf per cent interest 7480 00
Actuaries table and four per cent int 12847 00
Total 29418 00
Total 46066089 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 711 igi qq
8 Net reserve 45354908 0O
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
t he company 311196 OS
12 Claims for death losses in process of ad
justment or adjusted and not due 58290 00
13 Claims for death losses which have been
reported and no proofs received 141523 00
14 Claims for matured endowments due and
nnpaid 769 0015
17
19
20
21
25
26
27
31
32
36
45
46
12
13
14
15
16
17
18
19
20
22
ComptbollerGenerals Report
20000 00
Claims for death losses and other policy
claims resisted by the company
Total policy claims 220582 00
Dividends left with the company to accumulate at inter
est 50289965 and accrued interest threeon 69
89055 total 572790 20
Premiums paid in advance including surrender values so
applied 26401 77
Unearned interest and rent paid in advance 118 18
Salaries rents office expenses bills and accounts due
or accrued 7847 92
Medical examiners legal fees due or accrued 14535 00
State county and municipal taxes due or accrued 127903 43
Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 74589 46
Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 Whether
contingent upon the payment of renewal premiums or
otherwise 465228 64
Dividends conditionally apportioned to twenty year term
policies issued June 1 1904 to April 30 1906 9008 86
Unassigned funds surplus 3867649 10
Total liabilities 51052758 64
Business in the State of Georgia During the Year
No Amount
Policies on the lives of citizens of said State
in force December 31 of previous year 3690 7778519 00
Policies on the lives of citizens of said State
issued during the year 345 783050 00
Tota 4035 8561569 00
Deduct ceased to be in force during the year 217 566915 00
Policies in force December 31 3818 7994654 00
No Amount
Losses and claims unpaid December 31 of pre
vious year
Losses and claims incurred during the year
3
25
Total
Losses and claims settled during the year in cash
Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
28880822
28
28
15000 00
109827 00
124827 00
124827 00398
CompteollebGenebals Eepokt
THE MASONIC PROTECTIVE ASSOCIATION OF WOBCESTEB MASS
Francis A Harrington President Frank C Harrington Secretary
Principal Office 518 Main Street Worcester Massachusetts
Harry S Bell Athens Attorney for Service in Georgia
Ledger Assets
Book value of bonds
Cash in companys office
Deposits in trust companies and banks on interest
Total ledger assets
56252 50
756 28
161866 30
218875 08
NonLedger Assets
Interest due and accrued on bonds
Interest due and accrued on deposits
739 01
202 85
Total
Gross assets
Deduct Assets Not Admitted
Book value of bonds over market value
Admitted assets
911 86
219816 94
268 75
219548 19
Liabilities
Net unpaid claims viz
Accident and health
Death claims
11859 00
1100 id
Total unpaid claims i
Total unearned premiums
Commission and other charges due collectors
Salaries rents expenses bills accounts fees etc due
or accrued
Advance premiums
Total liabilities except capital
Capital paid up in cash 100000 00
Surplus over all liabilities 72937 72
Surplus as regards policyholders
Total liabilities
12959 00
31638 25
133712
186 40
489 70
46610 47
172937
219548 19ComptrollebGenebals Report
399
ii
MERIDIAN LIFE AND TRUST COMPANY OF INDIANAPOLIS IND
Arthur Jordan President Thos J Owens Secretary
Principal Office Lemcke Bldg Penn and Market St Indianapolis Ind
J E AYilhelm Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 1045613 31
Extended at 1045613 31
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
y Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied to pay running
premiums
92381 32
204135 89
21133 37
Total 317650 58
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 96691 re
newals 60964 total 1576 55
7 Total premium income 316074 03
8 Cash received for interest on mortgage loans
10 Cash received for interest on premium notes loans or
liens
13 Cash received for rents for use of companys property
including 4500 for companys own occuapncy
18 Inspection of loans
19 From all other sources viz Dividends left with com
pany to accumulate at interest
Total income
IIIDisbursements for the Year
16555 n
34222 77
45 00
129 89
191 72
367218 57
1 Cash paid for death claims including re
visionary additions
37156 99
7 Total net amount actually paid for losses and matured
endowments
9 Premium notes loans or liens used in purchase of sur
rendered policies voided by lapse
37156 99
27 68400
ComptrollerGenerals Report
10
11
13
17
18
19
20
21
22
23
24
25
27
28
29
Cash dividends paid policyholders
Cash dividends applied to pay running premiums
Surrender values paid in cash and by cancellation of
indebtedness
Total paid policyholders 168412 07
Cashpaid for commissions and bonusesto agents less
commission on reinsurance new policies 6629927
renewals 180166 total
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 721860 in
spection of risks 72217 total
Cash paid for salaries and all other compensation of of
ficers and other home office employees
Cash paid for taxes on new premiums and renewals
Cash paid for taxes on real estate 924 personal prop
erty 25623 total
Gash paid for insurance department fees and agents
licenses
Cash paid for rent
Cash paid for agency supervision traveling and other
agency expenses
Cash paid for advertising 73491 printing 292756
Cash paid for real estate expenses other than taxes
775 for legal expenses 52965 total
Cash paid for the following items viz Freight and
drayage 835 office supplies 18756 miscellaneous
expense 365952 bills receivable 85302 mileage
rebate 5000 postage 106400 telegraph 15416
express 8105 discount 5233 total
Total miscellaneous expenses 6109 99
1487 17
21133 37
108606 86
68100 93
5920 94
7940 77
22650 10
565 07
265 47
813 35
2061 00
5287 77
3662 47
537 40
6109 99
30 Total disbursements
292327 33
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances 600 00
2 Loans on mortgage first liens on real estate 381879 10
3 Premium notes for single premiums taken under insur
ance law of 1852 go o
4 Loans made in cash to policyholders on this companys
policies assigned as collateral secured by terms of com
pany loan agreement g08 3 09
7 Cash in companys office 340 57
8 Cash deposited in banks 24 345 77
10 Agents ledger balances j 333 g7
Furniture and fixtures 3 g
13 Total net or ledger assets 1 i2o 504 55ComptrollerGenerals Report
Other Assets
14 Interest due 64087 and accrued 6
85625 on mortgages 7497 12
17 Interest accrued on premiums notes loans
or liens 15447 38
401
Total carried out
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 43585 58 26940 06
24 Gross deferred premiums
on policies in force De
cember 31 1908 198 90 4641 43
Totals
25 Deducting loading 60 per
cent on new and 20
per cent on renewals
43784 48 31581 49
26270 69 6316 29
26 Net amount of uncollected
and deferred premiums 17513 79 25265 20
Extended
Supplies printing and stationery
22944 50
42778 99
1922 39
28 Total assets as per the books of the company 1118150 43
Items Not Admitted
2 Furniture fixtures and safes3
3 Single premium notes item 3
5 Agents balances
8 Supplies printed matter and stationery
3920 79
93259 56
17833 87
1922 39
Total 11936 61
9 Total assets less items not admitted 1071213 82
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American 3 976199 91402 CompteolleeGeneeals Repoet
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 684 87
Net reinsurance reserve 975515 04
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 3100 00
6 Claims for death losses and other policy
claims resisted by the company 3500 00
Total policy claims 6600 0O
10 Amount of all unpaid dividends of surplus or other de
scription of profits due polieyholdcrs 3105 40
11 Amount of deferred and uncollected premiums in excess
of net value of their policies item 26 12046 48
12 Amount of national State or other taxes due 1457 35
13 Amount due on account of salaries rents and office ex
penses 543 98
16 Amount of any other liability of the company viz
Premiums paid in advance 2 310 24
Unearned interest paid in advance 26625 medical fees
41375 total 680 00
17 Liabilities on policy holders account 1 002 258 49
IS Gross Surplus on policyholder s account 185 891 94
19 Total liabilities 1188150 43
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vils vllr 802 1754614 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 379 541 qoO 00
Tota1 1181 2295614 00
Deduct number and amount which have ceased to
be in force during the year 405 835500 00
Total number and amount of policies in force
in Georgia December 31 1908 776 1460114 00
Amount of losses and claims on policies in GeorgiaComptrollerGenerals Eeport 403
No Amount
unpaid December 31 of previous year 2 5000 00
Amount of losses and claims on policies in Georgia
incurred during the year 1 1000 00
Total 3 6000 00
Amount of losses and claims on policies in Georgia
paid during the year 3 6000 0O
Amount of premiums collected or secured in Geor
gia during the year in cash 5378031
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK N Y
John R liegeman President James S Roberts Secretary
Home Office 1 Madison Avenue New York City N Y
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 December 31 of
previous year 202550757 36
4 Extended at 202550757 36
IIIncome

5 First years premiums on original policies
without deduction for commissions or
other expenses 8885963 01
6 Surrender values applied to pay first
years premiums
85281 96
7 Total first years premiums on original
policies 8971244 97
8 Dividends applied to purchase paidup ad
ditions and annuities 90447 70
10 Consideration for original annuities in
volving life contingencies 57983 13
12 Total new premiums
13 Renewal premiums without deduction for
commission or other expenses less 18
34418 for reinsurance on renewals 54705771 49
14 Dividends applied to pay renewal pre
miums
9119675 80404 ComptrollerGenerals Eeport
15 Surrender values applied to pay renewal
Premiums 25967 05
17 Total renewal premiums 57130133 12
18 Total premium income 66249808
19 Consideration for supplementary contracts not involving
life contingencies 12 236 Q
22 Gross interest on mortgage loans 4277952 20
23 Gross interest on collateral loans 197 012 77
24 Gross interest on bonds and dividends on
stocks less 19386748 accrued interest
on bonds acquired during 1908 3 861 068 83
25 Gross interest on premium notes policy
loans or liens 320428 65
26 Gross interest on deposits in trust com
panies and banks 139 949 73
27 Gross interest on other debts due the com
pany refund of taxes 19 796 48
28 Gross discount on claims paid in advance 9 26
29 Gross rent from companys property in
cluding 51273986 for companys occu
pancy of its own buildings 1221802 17
30 Total gross interest and rents 1003soi3 09
32 Agents cash deposits in lieu of bonds 31263 62
33 Penalties for withdrawing applications for
loans on real estate jg0 00
34 Taxes returned 7g712 66
35 Dividends suspended banks 7259 sun
dry small items 3008 total 102 67
36 Credits fire insurance fund 903307 un
claimed premiums 62500 deposit as
security for rent 8959 unclaimed
checks 492427 agents credits pend
ing adjustment 1992848 total 34600 41
a 150429 36
A Irom agents balances previously charged off 299 59
38 Gross profit on sale or maturity of ledger assets viz
Real estate 2355170 bonds 9805666 stocks 15
37000 total
31 xross increase by adjustment in book vaue of ledger
assets viz Bonds 14457 g2
4a Total incomeVT
I ITDisbursements
1 For death claims 1834989146 addi
tions 431700 total 18354208 46ComptrollerGenerals Eeport
405
2 For matured endowments
393460 50
3 Net amount paid for losses and matured endowments 18747668 96
4 For annuities involving life contingencies 151727 03
5 Premium notes and liens voided by lapse 65965 93
6 Surrender values applied paid in cash or in liquidation
of loans or notes 1592041 65
7 Surrender values applied to pay new pre
miums 8528196
Surrender values applied to pay renewal
premiums 25967 05
10
11
13
14
15
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Total
Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup additions and an
nuities
Total paid polieyholders 24297389 34
Expense of investigation and settlement of policy claims
including 3182673 for legal expense
Paid for claims on supplementary contracts not involv
ing life contingencies
Paid stockholders for interest or dividends
Commissions to agents less commission on reinsurance
first years premiums 201926951 renewal premiums
653848527 annuities original 280010 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 49062985 inspection of risks
32368569 total
Salaries and all other compensation of officers directors
trustees and home office employees
Eent including 51273986 for companys occupancy of
its own buildings
Advertising 2084991 printing and stationery 380
99260 postage telegraph telephone and express 163
89377 exchange 1938961 total
Legal expense
Furniture fixtures and safes
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 Municipal licenses
111249 01
1139894 48
2398394 58
90447 70
36882 13
5261 99
140000 00
8560554 88
995836 99
2581475 67
764334 35
814315 54
2780135 43
834948 71
535125 89
52685 17
28135 47
387865 65
174099 69
846209 41
6237 79
23498 10406 ComptrollerGenerals Keport
33 Agents licenses 2727947 mortgage tax
1447000 bank stock tax 41400 42163 47
34 State transfer tax 37440 personal prop
erty tax 267636 advertising state
ment 165963 total 4 710 39
35 Customs 106615 surety bonds to insur
ance department 3575 all other
35430 total i456 20
Total 48330 06
36 Other disbursements viz
37 Metropolitan staff saving fund 52679
76 restaurant 3951855 total 92198 31
38 Fire insurance 21473 legislative ex
pense 1917582 total 19390 55
39 Surety bonds 405066 general home of
fice expenses 16410327 total 168153 93
40 Interest on death claims 36296S on
agents deposits 659769 on other items
160203 total 11829 40
41 Items previously credited to profit and
loss 143 53
42 Bank failures 5018 error in checks
1870 real estate deposit returned 35
25133 total 35320 21
Total 327035 93
43 Agents balances charged off 5g0 26
44 Gross loss on sale or maturity of ledger
assets viz Real estate 770 is
Bonds 662829 20
Tota 663599 38
45 Jross decrease by adjustment in book value of ledger
assets viz Bonds 50097 78
46 Total disbursements 45104635 61
I VLedger Assets
Book value of real estate 22414 027 78
2 Mortgage loans on real estate first liens 90 795 319 02
3 Loans secured by pledge of bonds stocks or other eol
lateral 2192702 00
4 Loans made to polieyholders on this companys policies
assigned as collateral 8 372 904 04
Preminnm on policies in force 859 113 84
i Book value of bonds 9444526295 ami stocks 10168
l 104608322 illComptrollerGenerals Eepoet
407
10
11
40131
Cash in companys office 55811
Deposits in trust companies and banks not on interest 60722
Deposits in trust companies and banks on interest
Agents balances
Advanced to superintendents to facilitate payment death
claims 1302500 fire insurance premiums advanced se
cured by mortgage 206275 supplies printing section
884904 Knickerbocker Trust Co surplus certificate
6412792 Union Trust Co Providence E I 96072
73
73
33
40
S9025 43
12 Total ledger assets234178464 99
NonLedger Assets
13 Interest due 6924511 and accrued 1
12156291 on mortgages 1190808 02
14 Interest due 545066 and accrued 1
30746959 on bonds
15 Interest accrued on collateral loans
16 Interest due 4230 and accrued 182
61711 on premium notes policy loans
or liens
17 Interest due on other assets
18 Rents due 560341 and accrued 4706
23 on companys property or lease
1312920 25
36649 09
182659 41
1400 00
10309 64
19 Total interest and rents due and accrued 2734746 41
New Business Renewals
23 Gross premiums due and
nnrcported on policies in
force December 31 1908 87340 21 1154016 76
24 Gross deferred premiums
on policies in force De
cember 31 1908 862098 10 382132112
25 Totals
26 Deduct loading
949438 31
161404 51
4975337 88
845807 44
27 Net amount of uncollected
and deferred premiums 788033 80 4129530 44 4917564 24
I iidustrial premiums due and unpaid less 50 383358 73
33 Gross assets 242214134 37
Deduct Assets Not Admitted
35 Supplies stationery printed matter
36 Agents debit balances
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies
884904
40131 40
260405 61408 ComptrollerGenerals Report
40 Book value of ledger assets over market
value 4977387 13
Total 5286773 IS
43 Admitted assets 236927361 19
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the com
pany on the following tables of mortal
ity and rates of interest viz
1 Actuaries table at 4 per cent on all is
sues up to January 1 1901104 552 222 00
Same for reversionary additions 73 782 00
Tota1 104626004 00
2 Actuaries table doubled at 4 per cent
on all issues up to January 1 1901
Special Class policies 430253 00
Same for reversionary additions 26124 00
Tota1 456377 00
3 American Experience table at 3 per
cent on all issues from January 1 1901
to January 1 1909 89213946 00
Same for reversionary additions 100 244 00
Tota1 89314190 00
4 Other tables and rates viz
American Experience table doubled 3
per cent January 1 1901 to January
1907 1178393 00
Same for reversionary additions 74772 00
Standard Industrial table 3V2 per cent
from January 1 1907 5927268 00
SubStandard Industrial table 3 per
cent from January 1 1907 446352 00
Intermediate table 3 per cent from
January 1 1907 3043829 00
Special Class table 3 per cent from
January 1 1907 424341 00
Total 11094955 00
i Net present value of annuities includ
ing those in reduction of premiums viz
Actuaries Experience table 4 per cent
interest 100521 00ComptrollerGenerals Eeport
409

American Experience table 3 per cent
interest 700219 00
McClintocks Experience table 3 per
cent interest 296122 00
Total
1096862 00
Total 206588388 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 117572 00
8 Net reserve 206470816 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 51616 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 106516 59
12 Claims for death losses in process of ad
justment or adjusted and not due 252518 56
13 Claims for death losses which have been
reported and no proofs received 184908 00
15 Claims for death losses and other policy
claims resisted by the company 54811 90
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon new business
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners and legal fees due or accrued
27 Reserve held for State county and municipal taxes due
or accrued
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
feitred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyhloders during 1909
34 Amount set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies
492238 46
194174 45
65315 71
65167 89
168000 14
62808 00
189439 92
500000 00
115295 39
1037076 38
99849 35
251400 58
27ins410 ComptrollebGenerals Report
36 Special Massachusetts reserve 1664075 00
39 All other liabilities viz
40 Premiums subject to return 18000 00
41 Agents cash deposits in lieu of bonds 183522 62
42 To credit of superintendents pending adjustment of ac
counts 2730457 deposit account real estate 15
98826 fire insurance fund 1927573 total 62568 56
43 Unclaimed premiums 147500 suspense account un
claimed Checks etc 509803 total 6573 03
44 Capital stock 2000000 00
45 Unassigned funds surplus 20122907 12
46 Total liabilities 236927361 19
Industrial Business in the State of Georgia During the Year
No Amount
10 Policies on the lives of citizens of said State
in force December 31 of previous year92490 13393346 00
11 Policies on the lives of citizens of said State
issued during the year31933 4555180 00
12 Total 124423 17948526 00
13 Deduct ceased to be in force during the year 23136 3368335 00
14 Policies in force December 31101287 14580191 00
No Amount
15 Losses and claims unpaid December 31 of pre
vious year 8 488 00
16 Losses and claims incurred during year 1322 132360 38
17 Total 1330 132848 38
18 Losses and claims settled during the year 1323 132178 50
19 Losses and claims unpaid December 31 7 669 88
20 Premiums collected or secured in cash ami notes
or credits without any deduction for losses
dividends commissions or other expenses
46141074
Ordinary Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State
in force December 31 of previous year 4534 4434106 00
13 Policies on the lives of citizens of said State
issued during the year 1711 1418346 00
14 Total 6245 5852452 00ComptrollerGenerals Report 411
15 Deduct ceased to be in force during the year 1131 931618 00
16 Policies in force December 31 5114 4920834 00
No Amount
17 Losses and claims unpaid December 31 of pre
vious year 2 1000 00
18 Losses and claims incurred during year 44 29100 00
19 Total 46 30100 00
20 Losses and claims settled during the year 44 27600 00
21 Losses and claims unpaid December 31 2 2500 00
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
18064747
MICHIGAN MUTUAL LIFE INSURANCE CO OF DETROIT MICH
O R Looker President A F Moore Secretary
Principal Office 150 Jefferson Ave Detroit Mich
George L Crandall Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 250000 00
Amount of net or ledger assets December
31 of previous year 10059048 75
Extended at 10059048 75
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 104031 08
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 1233409 63
2 Premium notes loans or liens taken in
part payment for renewal premiums 149444 21
3 From dividends applied to pay running
premiums 10627 35
3y2 From dividends applied to purchase
paidup additions and annuities 5409 87412
ComptrollerGenerals Eeport
4 From surrender values applied to pay run
ning premiums
293 42
Total 1503215 56
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 18981 re
newals 1474797 total 14937 78
7 Total premium income 1488277 78
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
14 Cash received for profits on sales of real estate 66352
all other 890 total
421467 11
1500 Oft
82218 05
6456 14
235 37
9504 31
672 42
Total in
come
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 526303 82
3 Cash paid for matured endowments and
additions thereto 289683 95
5 Cash paid for sums falling due during the
year on installment policies 4795 66
7 Total net amount actually paid for losses and matured
endowments
0 Premium notes loans or liens used in purchase of sur
rendered policies voided by lapse
ID Cash dividends paid policyholdoYs
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 104S524 40
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 6560985
renewals 9581452 total
16
820783 43
3196 8
7908 09
10627 35
5409 87
20030 41
293 42
1166 6r
25000 00
161424 37doMPTROLLEBGrENERALs RePOBT
413
18 Cash paid for salaries and allowances to managers and
agents and all agency expenses 32932 39
19 Cash paid for medical examiners fees 1196850 in
spection of risks 171199 total 13680 49
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 63477 50
21 Cash paid for taxes on new premiums 283108 on re
newals 2212348 total 24954 56
22 Cash paid for taxes on investments 4346 18
23 Cash paid for insurance department fees and agents
licenses 333600 municipal licenses 467869 total 8014 69
24 Cash paid for rent 10583 09
25 Cash paid for investment expenses 529926 office ex
pense 509074 total 10390 00
26 Cash paid for furniture fixtures and safes for home and
agency offices 478 25
27 Cash paid for advertising 58447 printing 712272
postage etc 469319 exchange 65489 total 13055 27
28 Cash paid for real estate expenses other than taxes
327873 for legal expenses 745502 total 10733 75
29 Cash paid for the following item viz Loss on sale of
real estate 8228 44
Total miscellaneous expenses 388465 65
30 Total disbursements 1436990 05
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all ineumbrances
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
3 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
Amount deposited Resisted Death Claims
218909 49
8656932 67
20000 00
1396931 41
86975 27
25000 00
25457 82
190946 22
10281 30
955 70
13 Total net or ledger assets 10632389 88
Other Assets
and accrued
14 Interest due 2154467
11783449 on mortgages 139379 16
15 Interest accrued on bonds and stocks 250 00
16 Interest accrued on collateral loans 128 76414
ComptrollerGenerals Eeport
17 Interest due 898793 and accrued 10
93959 on premiums notes loans or
liens
18 Interest due on other assets
19 Rents accrued on companys property or
lease
19927 52
321 57
652 00
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
160659 01
6911 56
250 00
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 16823 21 43469 58
24 Gross deferred premiums
on policies in force De
cember 31 1908 4493 22 98389 31
Totals
25 Deducting loading
21316 43 141858 89
11762 96 29290 02
26 Net amount of uncollected
and deferred premiums
9553 47 112568 87
Extended
122122 34
28 Total assets as per the books of the company io 922 332 79
Items Not Admitted
5 Agents balances 10 2gi 30
9 Total assets less items not admitted 10 912 051 49
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American 3
per cent from January 1 1903 10237155 86
Deduct net value of risks of this com
pany reinsured in other solvent com
ranies 54656 00
Net reinsurance reserve
10182499 86ComptrollerGenerals Report 415
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 718 55
3 Claims for death losses due and unpaid 1295 97
4 Claims for matured endowments due and
unpaid 4747 36
5 Claims for death losses which have been
reported and no proofs received 47768 91
6 Claims for death losses and other policy
claims resisted by the company 12925 00
8 Present value of unpaid amounts on ma
tured installment policies face 80
92121 63308 81
Total policy claims 130764 60
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 851 OS
12 Amount of national State or other taxes due or accrued 19340 46
13 Amount due on account of salaries rents and office ex
penses 3644 45
16 Amount of any other liability of the company viz
Premiums paid in advance 13678 51
Unearned interest and rents paid in advance 2977343
deposit account 199363 total 31767 OS
17 Liabilities on polieyholder s account 10382546 01
18 Gross surplus on polieyholders account 529505 48
19 Total liabilities 10912051 49
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year M24 1880718 41
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 201 594772 70
Total I325 247549111
Deduct number and amount which have ceased to
be in force during the year 321 686608 10
Total number and amount of policies in force
in Georgia December 31 1908 1004 1788883 01416 ComptrollerGenerals Report
No
Amount of losses and claims on policies in Georgia
incurred during the year 13
Total jg
Amount of losses and claims on policies in Georgia
paid during the year n
Amount of premiums collected or secured in Geor
gia during the year in cash 4081400 notes
or credits 1207892 total 5289292
Amount
24396 52
24396 52
23852 55
MISSOURI STATE LIFE INSURANCE COMPANY OP ST LOUIS MO
Edmund P Melson President B E Mueske Secretary
Principal Office Suite 410425 Chemical Bldg St Louis Mo
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 December
31 of previous year 1126437 37
Extended at
1126437 37
Income During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 278613 84
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 411565 n
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies
214 Premium notes loans or liens taken in
part payment for renewal premium
3 From dividends applied to pay running
premiums
Fim dividends applied to purchase
paidup additions and annuities
1j From surrender values applied to pur
chase paidup insurance and annuities
2729 34
44902 19
731 35
179 75
2024 41
Total
741346 60CompteolleeGeneeals Bepoet
417
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 616139
renewals 629786 total
12459 25
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
17 Premium notes loans or liens restored by revival of pol
icies
19 From all other sources
Total income
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 113809 02
9
10
11
12
13
15
16
17
18
19
20
21
22
23
Total 113809 02
Total net amount actually ipaid for losses and matured
endowments
Premium notes loans or liens used in purchase of sur
rendered policies 24918 voided by lapse 962324
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
iSurrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 153723 30
Cash paid stockholders for interest on dividends
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 17856054
renewals 2033178 total
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1597565 in
spection of risks 584527 total
Cash paid for salaries and all other compensation of of
ficers and other home office employees
Cash paid for taxes on new premiums and renewals
Cash paid for municipal taxes
Cash paid for insurance department fees and agents
licenses 578323 municipal licenses 44365 total
728887 35
47903 54
600 00
21879 49
5255 73
3878 21
3269 00
811673 32
113809 02
9872 42
61 82
731 35
179 75
26444 53
2624 41
8000 00
198892 32
23119 66
21820 92
36083 28
6816 90
1956 76
6226 88418
ComptrollerGenerals Eeport
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 129486 printing 866501
postage 301529 total
28 Cash paid for legal expenses
29 Cash paid for the following items viz Collection of
premiums 136420 investment expenses 48884 in
cidental office expense 343709 agents balances
written off 290984 total
Total miscellaneous expenses 334018 96
30 Total disbursements
7134 28
300 00
652 34
12975 16
1840 49
6346 93
487742 26
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate 830838 19
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 411 275 60
5 Premium notes loans or liens on policies in force 13 401 IS
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 10 100 00
7 rash in companys office 2 791 74
8 Cash deposited in banks 118 923 08
9 Bills receivable 2572 44
10 Agents ledger balances 60 466 20
13 Total net or ledger assets 1450368 43
Other Assets
14 Interest due 1059689 and accrued 25
15902 on mortgages
17 Interest accrued on premiums notes loans
or liens
18 Interest accrued on other assets
35755 91
8414 32
288 02
Total carried out
Xew Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 190S 412 74 35006 51
24 Gross deferred premiums
on policies in force De
cember 31 190S 2569 16 43615 26
Totals
25 Deduct loading
2981 90 78621 77
1931 20 14501 63
44458 25CompteolleeGenerals Eepoet 419
26 Net amount of uncollected
and deferred premiums 1050 70 64120 14
Extended 65170 8i
27 Furniture fixtures and safes 5000 00
28 Total assets as per the books of the company 1564997 52
Items Not Admitted
2 Furniture fixtures and safes 5000 00
5 Agents balances 61490 45
7 Bills receivable 2572 44
8 Premium notes and loans on policies and
net premiums in item 26 in excess of the
net value of their policies 16486 56
Total 85549 45
9 Total assets less items not admitted 1479448 07
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De x
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest 1223607 97
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 6627 00
Net reinsurance reserve 1216980 9T
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 4980 00
6 Claims for death losses and other policy
claims resisted by the company 7376 15
Total policy claims 12356 15
12 Amount of national State or other taxes due or accrued 8413 70
13 Amount due on account of salaries rents and office ex
penses and medical examiners fees 2754 32
16 Amount of any other liability of the company viz
Premiums paid in advance 2995 71
Unearned interest paid in advance 246715 commis
sions due agents on premium notes when paid 67006 3137 21
17 Liabilities on policyholders account 1246638 06
18 Gross surplus on policyholders account 232810 01
19 Total liabilities M79448 0T420 ComptrollerGenerals Report
Business in the State of Georgia During the Year
AT No Amount
JN umber and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year27Q
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 356 501500 00
nTOfta1 626 875215 23
Deduct number and amount which have ceased to
be in force during the year 145 213485 23
Total number and amount of policies in force
in Georgia December 31 1908 481 661730 00
Amount of premiums collected or secured in Geor
gia during the year in cash 2647123
MUTUAL BENEFIT LIFE INSURANCE CO OF NEWARK N J
Frederick Frelinghuysen President J Wm Johnson Secretary
Home Office 750 Broad St Newark N J
Robert L Foreman Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 109161963 80
4 Extended at 109161963 80
II Income
5 First years premiums on originalpolicies
without deduction for commissions or
other expenses 1911275 43
7 Total first years premiums on original
Plieies 1911275 13
8 Dividends applied to purchase paidup ad
ditions and annuities 411146 09
10 Consideration for original annuities in
volving life contingencies 150 582 49
12 Total new premiums 2473i004 01
13 Renewal premiums without deduction for
commissions or other expenses 13239 163 24
14 Dividends applied to pay renewal pre
miu1s 1614241 14ComptrollerGenerals Report
421
15 Surrender values applied to pay renewal
16
17
premiums
Renewal premiums for deferred annuities
13358 53
5131 58
Total renewal premiums 14871894 49
18
19
22
23
24
26
27
28
29
30
38
Total premium income 17344898 50
Consideration for supplementary contracts not involving
life contingencies 1172010 47
Gross interest on mortgage loans 2719398 26
Gross interest on collateral loans 65659 93
Gross interest on bonds and dividends on
stocks less 3197475 accrued interest
on bonds acquired during 1908 1374753 79
Gross interest on premium notes policy
loans or liens 1093340 62
Gross interest on deposits in trust com
panies and banks 24918 91
Gross interest on other debts due the
company 174 36
Gross discount on claims paid in advance 1387 18
Gross rent from companys property 135290 29
Total gross interest and rents 5416523 34
Gross profit on sale or maturity of ledger assets viz
Real estate 1961044 bonds 100000 total
20610 44
40 Total income
23954042 75
IIIDisbursements
1 For death claims 575009521 additions
7840300 total 5828498 21
2 For matured endowments 179501428
additions 10423100 total J899245 28
10
11
13
14
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes and liens voided by lapse
Surrender values paid in cash or applied in liquidation
of loans or notes
Surrender values applied to pay renewal premiums
Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup additions and an
nuities
Total paid policyholders 12820310 35
Expense of investigation and settlement of policy claims
including 222308 for legal expense
7727743 49
173600 42
7545 05
2490819 42
13358 53
381856 21
1614241 14
411146 09
2298 92422 ComptbollerGenebals Repobt
15 Paid for claims on supplementary contracts not involv
ing life contingencies 179 Q52 3
18 Commissions to agents less commission on reinsurance
first years premiums 73695006 renewal premiums
96974841 annuities original 758351 renewal
20526 total
19 Commuted renewal commissions 7 399 1Q
20 Salaries and allowances for agencies including managers
agents and clerks g3
21 Agency supervision traveling and all other agencv ex
penses
99 J 20749 05
22 Medical examiners fees 11884900 inspection of risks
180706 total
o a i 1206o6 06
23 Salaries and all other compensation of officers directors
trustees and home office employees
24 Rent 14S77 00
9J 27850 17
25 Advertising 4671216 printing and stationery 25
84030 postage telegraph telephone and express 49
819 43 exchange 299538 total m m 2J
26 Legal expense 43396 80
27 Furniture fixtures and safes 15 39 49
28 Repairs and expenses other than taxes on real estate 44921 66
29 Taxes on real estate
n 0 5641 40
30 fetate taxes on premiums
91 t 179653 07
31 Insurance department licenses and fees 13 759 50
33 State county and municipal taxes and licenses i 526 13
36 Other disbursements viz
37 Mortgage loan expense 50698 58
38 Expense of examination by N J Ins Dpt 14435 45
39 Books and supplies 21766 66
40 Heat and light 1243557 restaurant
2003125 total 32466 82
41 Miscellaneous office expenses 15731 73
42 Premiums on bonds purchased 81613 85
Total
A n 216713 09
44 Gross loss on sale or maturity of ledger assets viz
Real estate 0 562 89
4o Gross decrease by adjustment in book value of ledger
assets viz Heal estate 174100 QQ
46 Total disbursements 16383
IVLedger Assets
1 Book value of real estate 8688058 5i
i Mortgage loans on real estate first liens 54 240 785 55
3 Loans secured by pledge of bonds stocks or other col
TlateraI 2552400 00
4 Jjoans made to policyholders on this companys policies
assignMl as collateral or secured by terms of policy 15922056 24ComptrollerGenerals Keport
423
5 Premium notes on policies in force of which 574577
is for first years premiums 5398049 40
H Book value of bonds 33578840 71
7 342 50
7 Gash in company a office
8 Deposits in trust companies and banks not on interest 164365 52
9 Deposits in trust companies and banks on interest 1149368 69
10 Agents balances debit 3610584 credit 151542
net
34590 42
12 Total ledger assets 116735852 63
NonLedger Assets
13 Interest due 1163669 and accrued 1
25104983 on mortgages 1262686 o2
14 Interest due 262500 and accrued 288
80296 on bonds 291517 96
16 Interest due 8461101 and accrued 530
90511 on premium notes policy loans
or liens W 12
19 Total interest and rents due and accrued 2169720 60
21 Market value of bonds and stocks over book value 884024 80
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 195975 85 573108 68
24 Gross deferred premiums
on policies in force De
cember 31 1908 166858 16 986345 87
25 Totals 362834 01 1559454 55
26 Deduct loading 20 7256680 311890 91
27 Net amount of uncollected
and deferred premiums 290267 21 1247563 64 1537830 8o
33 Gross assets 121327428 88
Deduct Assets Not Admitted
36105 84
36 Agents debit balances
43 Admitted assets
121291323 04
Vliabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the N J424 ComptrollerGenerals Beport
Im Dept on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on policies
Same for reversionary addition 00
Total
2 American Experience table at3 per cent
on policies issued since December 31st
71332961 0O
Same for reversionary additi
ons
35600150 00
449742 00
Total
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries four per cent
American three per cent
McClinboek three and onehalf per cent
36049892 0O
302800 00
954538 00
442422 00
Total
Total
1699760 00
109082613 00
7 Reserve to provide for health and accident benefits
tamed in life policies
109082613 00
8 Net reserve
12
13
14
15
Present value of amounts not yet due on supplementar
contracts not involving life contingencies confuted
oy the company
Claims for death 1
109082613 00
osses m process of adjustment or ad
justed and not due
Ol
UUums f0r deafch loegeSj nQ proofg recehpli esthHatod
Claims for matured endowments due and unpaid
Claims for death losses and other policy claims resisted
by the company
17
20
21
23
24
25
26
ig surrender values
Total policy claims
Premiums paid in advance inclm
so applied
Unearned interest and rent paid in advance
Commissions to agents due or accrued
Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon new business
Salaries rents office expenses bills and accounts due
or accrued
Medical examiners and legal fees due or accrued i
State county and municipal taxes due or accrued
1042137 07
142985 66
300000 00
55983 00
60906 88
559875 54
95137 40
2735 94
7489 00
67341 99
50000 00
17850 00
300000 00ComptbolleeGenebals Repoet 425
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 336108 75
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise 2603721 02
35 Reserve or surplus funds not otherwise included in lia
bilities viz Reserve for suspended mortality 1483268 00
45 Unassigned funds surplus 5592045 33
46 Total liabilities 121291323 04
Business in the State of Georgia During the Year
Commuted
No Amount
12 Policies on the lives of citizens of said State
in force December 31 of previous year 5436 11167328 00
13 Policies on the lives of citizens of said State
issued increased and revived during the year 862 1679027 Oft
14 Total 6298 12846355 0O
15 Deduct ceased to be in force and decreased dur
ing the year 725 1343513 Oft
16 Policies in force December 31 5573 11502842 00
No Amount
17 Dosses and claims unpaid December 31 of pre
vious year 4 15664 00
18 Dosses and claims incurred during year 52 154516 00
19 Total 56 170180 Oft
20 Losses and claims settled during the year in
cash 55 166680 Oft
21 Losses and claims unpaid December 31 1 2500 Oft
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
37603211
28ins426 ComptrollerGenerals Report
the mutual life insurance company of new york n y
Charles A Peabody President Wm J Eastern and Wm F Dix Sees
Home Office 34 Nassau St New York City N Y
Robert F Shedden Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 495158421 46
4 Extended at49158421 46
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 79440 for first
years reinsurance 2815716 32
6 Surrender values applied to pay first
years premiums 37457 62
7 Total first years premiums on original
policies 2853173 94
8 Dividends applied to purchase paidup ad
ditions and annuities 6888387 54
10 Consideration for original annuities in
volving life contingencies 585055 60
11 Consideration for supplementary contracts
involving life contingencies 547746 49
12 Total new premiums 10874363 57
13 Renewal premiums without deduction for
commissions or other expenses less
10739548 for reinsurance on renew
als 171551 19 39
14 Dividends applied to pay renewal pre
miums 78306 65
15 Surrender values applied to pay renewal
premiums 86525 31
16 Renewal premiums for deferred annuities 210S0 7
17 Total renewal premiums 48 120 289 72
18 Total premium income 58994653 29
19 Consideration for supplementary contracts not involving
life contingencies 366872 52
20 Dividends left with the company to accumulate at int 6789 05
22 Gross interest on mortgage loans 5983008 28
23 Gross interest on collateral loans 634886 43ComptrollerGenerals Eeport 427
24 Gross interest on bonds and dividends on
stocks less 26507968 accrued interest
on bonds acquired during 1908 12596285 53
25 Gross interest on premium notes policy
loans or liens 3085590 56
26 Gross interest on deposits in trust com
panies and banks 190989 01
27 Gross interest on other debts due the
company 139136 72
29 Gross rent from companys property in
eluding 35918486 for companys occu
pancy of its own buildings 1670663 41
30 Total gross interests and rents 24300559 94
35 Collections or deposits received on account of others not
paid out 237569 59
37 From agents balances previously charged off 25869 03
38 Gross profit on sale or maturity of ledger
assets viz Real estate 38637 88
Bonds 107804 09
Stocks 462925 78
Total 609367 75
39 Gross increase by adjustment in bowk value of ledger
assets viz Bonds 337895 04
Other profitsconscience money 450 60
40 Total income 84880026 81
IIIDisbursements
1 For death claims less 1659115 reinsur
ance 2057732188 additions 1087
49789 total 21664819 77
2 For matured endowments 441774219
additions 72318841 total 5140930 60
3 Net amount paid for losses and matured endowments 26805750 37
4 For annuities involving life contingencies 2736925 49
6 Surrender values paid in cash or applied in liquidation
of loans or notes 13906058 35
7 Surrender values applied to pay new premiums 37
45762 to pay renewal premiums 86525331 total 9027H 93
9 Dividends paid to policyholders in cash or applied in
liquidation of iloans or notes 1337772 65
10 Dividends applied to pay renewal premiums 78306 65
11 Dividends applied to purchase paidup additions and an
nuities 6888387 54
12 Dividends left with the company to accumulate at int 6789 05428
ComptrollerGenerals Eeport
13 Total paid polieyholders 52662701 03
14 Expense of investigation and settlement of policy claims
including 3260135 for legal expense 42197 55
15 Paid for claims on supplementary contracts not involv
ing life contingencies 296560 55
16 Dividends held on deposit surrendered during the year 19 19
18 Commissions to agents less commission on reinsurance
first years premiums 121279208 renewal premiums
78891000 annuities original 2334334 renewal
25150 total 2025296 92
19 Commuted renewal commissions 5046 24
20 Salaries and allowances for agencies including managers
agents and clorks 1049355 36
21 Agency supervision traveling and all other agency ex
penses 808272 37
22 Medical examiners fees 21101035 inspection of risks
3678681 total 247797 16
23 Salaries and all other compensation of officers directors
trustees and home office employees 1195943 54
24 Eent including 35918486 for companys occupancy of
of its own buildings less 426250 received under sub
lease 540148 28
25 Advertising 6570940 printing and stationery 150
09880 postage telegraph telephone and express 205
69578 exchange 4374970 total 465253 68
26 Legal expense 3671195 legislative 761358 total 44325 53
27 Furniture fixtures and safes 29086 98
28 Repairs andexpenses other than taxes on real estate 461538 83
29 Taxes on real estate 380496 15
30 State taxes on premiums 639719 82
31 Insurance department licenses and fees 16548 59
32 All other licenses fees and taxes viz
33 Local taxes on premiums 17487 78
34 Local licenses and fees 8149 44
35 Personal property school levee publica
tion taxes in United States 4192 33
Foreign taxes other than on premiums 39805 18
Total 69634 73
37 State mortgage tax 1850 foreign taxes
on investments 1169218 total 11710 68
38 Stock transfer fax 2200 other invest
ment expense 495827 total 4980 27
39 Traveling general office employees 69
08480 law library and restaurant 48
82683 total 117911 63
40 Cost of election and election list 13
81606 sundries 470753 total 18523 59ComptrollerGenerals Report
429
41
42
43
44
45
General audit 975204 cost of State ex
amination 635241 total 16104 45
Disbursed from amount held for deposits
for pending insurance 68331 66
Total
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Real estate
Gross decrease by adjustment in book
value of ledger assets viz Real estate 3364702 10
Bonds 118322 20
237562 28
51398 31
4072 61
46
3483024 30
270 97
64756270 97
9
10
11
12
13
14
15
16
17
18
19
21
Total
Loss through guarantee of title on real estate sold in 1887
Total disbursements
IVLedger Assets
Book value of real estate
Mortgage loans on real estate first liens
Loans secured by pledge of bonds stock or other col
lateral
Loans made to policyholders on this companys policies
assigned as collateral
Book value of bonds 24703975209 and stocks 46
25731662 total
Cash in companys offices 6863116 cash in transit
since received 2000 total
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
Agents balances debit
Suspense 6777899 supplies 3015526 total
Total ledger assets 515282177 30
NonLedgar Assets
Interest due 8760288 and accrued 1
59854376 on mortgages 1686146 64
Interest due 14667365 and accrued 1
72296545 on bonds 1869639 10
26196029 54
126120961 39
2500000 00
63048558 17
293297086 71
70631 16
724999 11
3130991 77
95003 20
97934 25
Interest accrued on collateral loans
Interest accrued on policy loans
Interest due 298029 and accrued 6
82o82 on other assets
Rents due 4402885 and accrued 143
48155 on companys property or lease
Total interest and rents due and accrued
Market value of stocks over fbook value
67500 00
30162 78
9806 11
187510 40
3850765 03
15981933 38430
ComptrollerGenerals Report
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 25268 65 3205339 69
24 Gross deferred premiums
on policies in force De
cember 31 1908 15244138 2180504 15
25 Totals 177710 03 5385843 84
26 Deduct loading 46204 60 1400319 40
27 Net amount of uncolleoted
and deferred premiums 131505 43 3985524 44 4117029 87
33 Gross assets539231905 58
Deduct Assets Not Admitted
35 Supplies stationery and printed matter 30155 26
36 Agents debit balances 95003 20
37 Cash advanced to or in the hands of of
ficers or agents 8320 23
41 Suspense items 59458 76
Total 192937 45
43 Admitted assets 539038968 13

VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the Insur
ance Department Of the State of New
York ion the following tables of mortal
ity and rates of interest viz
1 Actuaries table at 4 per cent on policies
issued prior to January 1 1898237226254 00
Same for reversionary additions 9049403 00
Total246275657 00
2 American Exporience table at 3U per
cent on policies issued January 1 1898
to December 31 1906 inclusive150 US217 00
Same fur reversionary additions 1781530 00
Total 152229747 0C
3 American Experience table at 3 per cent
on policies issued after Dec 31 1906 35938 00
Same for reversionary additions 2065801 00ComptrollerGenerals Report
431
Net present value of annuities includ
ing those in reduction pf premiums viz
McClintock annuity table at 4 per cent
on annuities issued prior to January 1
1898 6209606 00
McClintock annuity table at S1 per cent
on annuities issued January 1 1908 to
December 31 1906 inclusive 20082777 00
McClintock annuity table at 3 per cent
on annuities issued after Dec 31 1906 2737860 00
Total 29030243 00
Total 433194546 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 56830 00
8 Net reserve 433137716 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 2202326 H
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 39938 9
11 Claims for death losses due and unpaid
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
16 Due and unpaid on annuity claims in
volving life contingencies
422055 08
963350 21
895305 00
132064 48
527843 51
181561 81
17 Total policy claims 3142180 09
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 1335 53
19 Dividends left with the company to accumulate at int 6769 8
20 Premiums paid in advance including surrender values so
applied 517700 95
21 Unearned interest and rent paid in advance 1308991 52
23 Commissions to agents due or accrued 3882 54
25 Salaries rents office expenses bills and accounts duo
or accrued 13720 OS
26 Medical examiners and legal fees due or accrued 12412 60
27 State county and municipal taxes due or accrued 54012 4432 ComptkollerGenerals Report
Reserve to meet licenses franchise and other taxes for
the yea 1909 577840 59
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 191222 41
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise 1484648 38
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1909 9607634 00
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies 69675127 53
35 Reserve or surplus funds not otherwise included in lia
bilities viz
36 Fund for depreciation of securities and general contin
gencies 16169863 67
39 All other liabilities viz
41 Deposits on account of pending insurance 82 440 35
42 Due sundry parties for collections made or deposits held
for their account 809 204 53
46 Total liabilities 539038968 13
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State
in force December 31 of previous year 10970 23691643 00
13 Policies on the lives of citizens of said State
issued during the year 909 2365001 61
14 Total ll879 26056644 61
15 Deduct ceased to be in force during the year 789 1979461 01
16 Policies in force December 3111090 24077183 60
No Amount
17 Losses and claims unpaid December 31 of pre
vious year 10 21979 43
18 Losses and claims incurred during year 166 507782 01
19 Total 176 52976144
20 Losses and claims settled during the year in
cash 50121301 by compromise 5000 169 506213 01
21 Losses and claims unpaid December 31 7 23 548 43ComptrollerGenerals Beport
433
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
87176396
NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES
OF AMERICA OF CHICAGO ILLINOIS
A M Johnson President Robert D Lav Secretary
Principal Office 159 LaSalle St Chicago 111
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
Amount of net or ledger assets December
31 of previous year
Decrease of capital during 1908
7366327 02
500000 00
Extended at
IIIncome During the Year
6866327 02
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
li2 Cash received for renewal premiums
without deductions for commissions or
other expenses y
2 Premium notes loans or liens taken in
part payment for renewal premium
3 From dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
41 From surrender values applied to pur
chase paidup insurance and annuities
265315 46
1474326 66
139594 17
795 91
571 94
22566 00
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 45334 re
newals 432907 total
1903170 14
4782 41
7 Total premium income
8 Cash received for interest on mortgage loans
1898387 73
96591 53434
ComptbollebGeneeals Eepobt
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
14 Cash received for profits on sales of bonds or stocks
74200 real estate 1059000 all other 25480
17 Consideration for supplementary contracts not involving
life contingencies
18 Agents balances previously charged off
19 From all other sources viz Increase in book value
of stocks
213349 0O
61347 66
17354 98
11991 60
11586 80
5691 00
104522 32
490203 14
Total income
2911025 76
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 355631 28
3 Cash paid for matured endowments and
additions thereto
1178 00
Total
361809 28
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured 2500 00
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies 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
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 480864 54
Paid for 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 18752494
renewals 5113326 total
359309 28
3511 74
1844 41
4167 38
795 91
571 94
88097 88
22566 00
7847 00
50000 00
238658 20ComptrollerGenerals Keport 435
18 Cash paid for salaries and allowances to managers and
56745 13
agents
19 Cash paid for medical examiners fees 1926256 in
spection of risks 303382 total 22296 38
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 99849 97
22 Cash paid for taxes on investments 2595 71
23 Cash paid for insurance department fees and taxes and
35741 04
agents licenses
1 15480 64
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
4924 83
agency offices
27 Cash paid for advertising 724434 printing 1281648
postage and tel 634319 exchange 55260 total 26956 61
28 Cash paid for real estate expenses other than taxes 1
20991 for legal expenses 2501912 total 26229 03
29 Cash paid for the following items viz Investment ex
pense 159294 taxes on personal property 160136
drafts on failed banks 9095 miscellaneous expenses
203815 decrease in book value 2399275 all other
disbursements 127007 total 30586 22
c 1098775 30
30 Total disbursements v
IVAssets as Per Ledger Accounts
1 Book value of real estate exclusive of all incumbrances 200000 00
2 Loans on mortgage first liens on real estate 2322632 58
3 Loans secured by pledge of bonds stocks or other mar
38o0 00
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 726da bb
5 Premium notes loans or liens on policies in force 83
6 Book value of bonds and stocks owned excluding ac
crued interest at time of purchase 3 292 80
7 Cash in companys office
8 Cash deposited in banks g
9 Bills receivable Q
10 Agents ledger balances J
8678577 48
13 Total net or ledger assetsp
Other Assets
14 Interest due 612738 and accrued 41
79378 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
47921 16
5830 34
33 09436
ComptrollerGenerals Report
17 Interest accrued on premiums notes loans
or liens
18 Interest accrued on other assets
1892 72
602 91
Total carried out
21 Market value of bonds and stocks over cost
22 ue from other companies for losses or claims on poli
cies of this company reinsured
New Business Renewals
23 Gross premiums due and
imreported on policies in
force December 31 1908 49027 75 62846 36
24 Gross deferred premiums
on policies in force De
cember 31 1908 8442 86 158075 11
56280 22
63131 17
1956 46
Totals
25 Deduct loading
57470 61 220921 47
38378 83 36228 85
26 Net amount of uncollected
and deferred premiums
19091 78 184692 62
Extended
203784 40
28 Total assets as per the books of the company 9003729 73
Items Not Admitted
5 Agents balances 125501 61
7 Dills receivable 475 g9
8 Premiums notes and net premiums in ex
cess of reserve
12805 73
a 138783 33
9 lotal assets less items not admitted 8 864 946 40
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries and American Table of Mor
tality with four and 3 per cent int 7651881 54
Deduct net value of risks of this com
pany reinsured in other solvent com
Panies 27046 00
Net reinsurance reserve
7624835 54ComptbolleeGenebals Eepoet
437
4 Claims for matured endowments due and
j 2000 00
unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 36436 70
6 Claims for death losses and other policy
claims resisted by the company 10000 00
7 Amts due and unpaid on annuity claims 1121 70
8 Present value of unpaid amounts on ma
tured installment policies 44465 21
9 Amount of trust funds held by the com
910 77
pany
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 1W8 z
11 Premiums paid in advance 4332166 unearned interest
and Tent 2133092 commissions due agents on pre
mium notes when paid 125501 total 65907 59
12 Amount of national State or other taxes due and accrued 24685 75
13 Amount due on account of salaries rents and office ex
penses 3000 medical examiners fees 912 commis
sions 129992 total 211 9
14 Dividends apportioned to annual dividend policies paya
ble during 1909 190J 7
15 Dividends apportioned to deferred dividend policies pay
able during 1909 339
Dividends apportioned payable to policyholders subse
quent to 1909 389l2b W
17 Liabilities on policyholders account 82ff5 45
18 Gross surplus on policyholders account 6yiu no
8864946 40
19 Total liabilities v
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
955 1278172 5
vious yeaT v
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 327 38a23216
Total L282 1663404 71
Deduct number and amount which have ceased to
be in force during the year53 308096 61
Total number and amount of policies in force
in Georgia December 31 1029 1355308 10438 CompteollerGenerals Refoet
No
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year i
Amount of losses and claims on policies in Georgia
incurred during the year 9
Total
Amount of losses and claims on policies in Georgia
paid during the year 9
Amount of premiums collected or secured in Geor
gia during the year in cash 4417327
Amount
2000 00
3 0000 00
12000 00
10000 00
NATIONAL LIFE INSURANCECOMPANY OP MONTPELIER VT
Joseph A DeBoer President Qsman D Clark Secretary
Principal Office 116 State Street Montpelier Vt
Geo M Hope Co Atlanta Attorney for Service in Georgia
LCapital Stock
Amount of net or ledger assets December
31 of previous year 39279302 86
Extended at j
39279362 86
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 428863 62
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 4454705 90
2 Premium notes loans or liens taken in
part payment for renewal premium 459029 89
3 Prom dividends applied to pay running
Premiums 183702 72
C Prom dividends aplied to purchase
paidup additions and annuities 12 178 83
4 Prom surrender values applied to pay run
ning premiums 148 02
5 Consideration for annuities other than
matured installment policies 435 453 48
Total premium income
v n 5974082 46
7 Consideration for supplementary contracts not involving
life contingencies
11000 00ComptrollerGeneral s Keport
439
8 Cash received for interest on mortgage loans
Dividends left with company to accumulate at interest
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
Cash received for interest on deposits in trust companies
and banks
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 7000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
2357970 real estate 41500 total
19 From all other sources viz Profit from nonlisted as
sets 621723 profit from agents balances previously
Charged off 2733710 total
Total income
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 1434614 62
2 Premium notes loans or lien3 used in pay
ment of the same 43320 9S
3 Cash paid for matured endowments and
additions thereto 554641 73
5 Cash paid for sums falling due during the
year on installment policies
841651 12
51 97
646343 00
364181 71
17985 64
9590 58
150 24
35982 81
23994 70
33554 33
7958568 56
5651 75
7 Total net amount actually paid for losses and matured

endowments
8 I nsh paid to annuitants
9 Premium notes loans or liens used in purchase of Sur
rendered policies
10 Cash dividends paid policyholdeirs
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
annuities
ish dividends left with company to accumulate with int
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
Total paid policyholders 345007342
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 18685274
renewals 3401173 annuities 2182349 total
2038229 05
277890 26
137576 45
83874 62
183702 72
12178 83
51 97
716421 56
148 02
7413 60
548823 56440
ComptbollebGeneeals Bepobt
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 3476000 in
spection of risks 350019 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 924236 on re
newals 9748486 total
22 Cash paid for taxes on investments 14310 surplus 37
60353 total
23 Cash paid for insurance department fees and agents
licenses 319309 municipal licenses 358624 total
24 Cash paid for rent including 7000 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 2960696 printing and sta
tionery 1545901 postage telegrams and express 22
64108 exchange 58203 total
28 Cash paid for real estate expenses other than taxes
1313751 for legal expenses 55255 total
29 Cash paid for the following items viz Taxes onreal
estate 764973 travel 1620757 home office sup
plies 1055359 total
Investment expenses 2590864 premium on bonds 45
88818 profit and loss 5689751 total
Total miscellaneous expenses 1260485 77
71686 69
38260 19
138824 84
106727 22
37746 63
6779 33
48217 32
7527 09
3394 94
68289 08
13690 06
34410 89
128694 33
30 Total disbursements 4710559 19
IVAssets as Per Ledger Accounts
1 Book value of real estate exclusive of all incumbrances 450500 00
2 Loans on mortgage first liens on Teal estate 17 49le51 85
4 Loans made in cash to policyholders on this companvs
policies assigned as collateral 5 476 012 47
5 Premium notes loans or liens on policies in foxce loVg 31
6 Book value of bonds and stocks owned excluding ac
crued interest at time of purchase 16 418 211 4
7 Cash in companys office 01 gg
8 Cash deposited in banksi i i 1128013 10
10 Agents ledger balances 0
LjOO 0
13 Total net or ledger assets 42527j372 23
Other Assets
14 Interest due 41985 and accrued 362
38161 on mortgages 366579 96
15 Interest accrued on bonds and stocks 241296 89

CompteollebGenebals Repobt
17 Interest due 2963133 and acerued
19821399 on premiums notes loans
or liens 227845 32
18 Interest accrued on other assets 2133 00
19 Bents due 111570 and accrued 1
50451 on companys property or lease 2620 21
441
Total carried out
21 Market value of bonds and stocks over book value
840475 38
1535 00
New Business Benewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 46906 30 362385 99
24 Gross deferred premiums
on policies in force De
cember 31 1908 45156 87 433019 02
Totals 92063 17 795405 01
25 Deducting loading 2413
per cent on new and
2117 per cent on re
newals 22216 09 168444 49
26 Net amount of uncollected
and deferred premiums 69847 08 626960 52
Extended
Annuity considerations in arrears net
696807 60
41567 04
28 Total assets as per the books of the company 44107757 25
Items Not Admitted
5 Agents balances 3287 02
9 Total assets less items not admitted 44104470 23
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest 37691353 00
Net reinsurance reserve
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 78 20
29ins442
ComptrollerGenerals Report
4 Claims for matured endowments due and
unpaid 3796 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 85616 00
6 Claims for death losses and other policy
claims resisted by the company 18000 00
7 Amounts due and unpaid on annuity
claims 7878 98
8 Present value of unpaid amounts on ma
tured installment policies face 91
11676 75109 00
Total policy claims 19047S 18
Surrender values claimable on surrendered policies 6392 79
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 17980 46
12 Amount of national State or other taxes due and amt
due on account of salaries rents and office expenses 161713 55
Cost of collection or uncollected and deferred premiums
in excess of the loading thereon first 18076 55
Dividends left with the company to accumulate at in
terest 4821 interest 376 total 51 97
16 Amount of any other liability of the company viz
Premiums paid in advance 890458 unearned inter
est and rent 39845 total 9303 03
Life rate endowment reserve 20458682 real estate
taxes accrued 273148 total 207318 30
17 Liabilities on policyholder a account 38302667 83
18 Gross surplus on policyholders account 5801802 40
19 Total liabilities 44104470 23
Business in the Stateof Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 1855 3793964 16
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 944 1748936 07
Tfal 2799 5542900 23
Deduct number and amount which have ceased to
be in force during the year 506 1149276 80
Total number and amount of policies in force
in Georgia December 31 1908 2293 4393623 43ComptrollerGenerals Eeport
Amount of losses and claims on policies in Georgia
incurred during the year
Total
Amount of losses and claims on policies in Georgia
paid during the year
Amount of premiums collected or secured in Geor
gia during the year in cash 9474529 notes
or credits 1663447 total 11137976
No
12
12
443
Amount
45000 00
45000 00
40000 00
NEW ENGLAND MUTUAL LIFE INS 00 OF BOSTON MASS
Alfred D Foster President J A Barbey Secretary
Home Office 87 Milk St Boston Mass
Robert J Guinn Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 43829377 35
4 Extended at 43829377 35
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 545273 86
7 Total first years premiums on original
policies 545273 86
8 Dividends applied to purchase paidup ad
ditions 132128 60
9 Surrender values applied to purchase
paidup insurance 5297 26
11 Consideration for supplementary contracts
involving life contingencies 5055 22
12 Total new premiums 687754 94
13 Renewed premiums without deduction for
commissions or other expenses 5032458 65
14 Dividends applied to pay renewal pre
miums 725359 74
15 Surrender values applied to pay renewal
premiums 9661 30
17 Total renewal premiums 5767479 69
18 Total premium income 6455231 i444
ComptrollerGeneral s RePOK
34262 OO
19 Consideration for supplementary contracts not involving
life contingencies
22 Gross interest on mortgage loans 495593 15
23 Gross interest on collateral loans 52737 63
24 Gtoss interest on bonds and dividends on
stocks less 2634399 accrued interest
on bonds acquired during 1908 1061901 60
25 Gross interest on premium notes policy
loans or liens
26 Gross interest on deposits in trust com
panies and banks
28 Gross discount on endowment claims paid
in advance
29 Gross rent from companys property in
cluding 39688 for companys occu
pancy of its own buildings 222342 56
30 Total gross interest and rents 2107384 08
31 From other sources viz Taxes on mortgage returned
8202 sundries 346 total 85 48
38 Grossprofit on sale or maturity of ledger assets viz
Bonds 4500 stocks 7248750 total 76987 50
39 Gross increase toy adjustment in toook value of letlger
assets viz Real estate 38 bonds 66 total 1 04
262266 67
11535 59
1006 88
40 Total income 8673954 73
IIIDisbursements
1 For death claims 232073584 addi
tions 24371 total 2345106 84
2 For matured endowments 46519918
additions 9446 total 474645 18
10
11
13
14
15
Net amount paid for losses and matured endowments 2819752 02
Premium notes loans and liens voided by lapse less 1
906 restorations n 217 6S
Surrender values paid in cash or applied in liquidation
of loans or notes 817 442 67
Surrender values applied to pay renewal premiums 9661 30
Surrender values applied to purchase paidup insurance 5297 26
Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes 108 477 16
Dividends applied to pay renewal premiums 725359 74
Dividends applied to purchase paidup additions 132128 60
Total paid polieyholders 4629336 43
Legal expense 586 01
Paid for claims on supplementary contracts not involv
ing life contingencies g 932 9gCompteollebGeneeals Eepokt
445

17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Paid for claims an supplementary contracts involving
life contingencies
Commissions to agents First years premiums 222
68902 renewal premiums 31126561 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 4698966 inspection of risks
145295 total
Salaries and all other compensation of officers directors
trustees and home office employees
Bent including 39688 for companys occupancy of its
own buildings
Advertising 1333773 printing and stationery 34
72473 postage telegraph telephone and express 10
77490 exchange 49253 total
Legal expense
Furniture fixtures and safes
Eepairs and expenses other ban 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 reserve
Compulsory advertising
Personal property tax
Miscellaneous
38999 72
606 80
115 19
30 65
Total
36 Other disbursements viz Miscellaneous expense
42 Premium on bonds purchased
45 Gross decrease by adjustment in book value of ledger
assets viz Real estate 7700041 stocks 53
5000 00
533954 63
5895 39
114231 98
7548 33
48442 61
192054 75
43853 57
59329 89
1104 25
19621 49
80542 49
46565 78
67505 27
12356 00
39752 36
9389 46
37422 25
77000 94
46 Total disbursements
6041426 16
IVLedger Assets
1 Book value of real estate 2428380 00
2 Mortgage loans on real estate first liens 11388433 34
3 Loans secured by pledge of bonds stocks or other col
lateral 58100000
4 Loans made to policyholders on this companys policies
assigned as collateral 5222370 07
5 Premium notes on policies in force 701740 22
6 Book value of bonds 22812882 stocks 2448637 25261519 00446
ComptrollerGenerals Eeport
7 Cash in companys office
9 Deposits in trust companies and banks on interest
621 54
877841 75
12 Total ledger assets 46461905 92
NonLedger Assets
106761 20
178509 59
2457 57
80920 94
599 55
11562 16
13 Interest due 31250 and accrued
44870 on mortgages
14 Interest due 6500 and accrued 172
00959 on bonds
15 Interest accrued on collateral loans
16 Interest due 1255672 and accrued 68
36422 on premium notes policy loans
or liens
17 Interest accrued on other assets
18 Rents due 167967 and accrued 9
88249 on companys property or lease
19 Total interest and rents due and accrued
21 Market value of bonds and stocks over book value
374811 01
833393 00
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Iross deferred premiums
on policies in force De
cember 31 1908
79875 86
219615 95
80239 15
25 Totals
26 Deduct loading
79875 86 299855 10
18539 19 69596 36
27 Net amount of uncollected
and deferred premiums 61336 67
230258 74
291595 41
33 Gross assets 47961705 34
Deduct Assets Not Admitted
43 Admitted assets 47961705 34
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the com
panys actuary on the following tables
of mortality and rates of interest vizComptrollerGenerals Eeport
447
1 Actuaries table at 4 per cent on all pol
icies issued prior to 1901 31574136 29
Total 31574136 29
2 American Experience table at 3 per
cent on all policies issued from Janu
ary 1st 1901 to December loth 1907
except joint life additions on all poli
cies i 9371977 76
Same for reversionary additions 714780 21
Total 10086757 97
3 American Experience table at 3 per cent
on joint life and ordinary policies writ
ten after December loth 1907 and
dated in 1908 458371 63
Same for reversionary additions 335 86
Total 458707 49
5 Net present value of annuities including
those in reduction of premiums viz
Four per cent 55 08
Three and onehalf per cent 4640 18
Three per cent 20514 12
Total 25209 3S
8 Net reserve 42144811 13
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary 193437 78
11 Claims for death losses due and unpaid 2580 00
12 Claims for death losses in process of ad
justment or adjusted and not due 120492 48
13 Claims for death losses which have been
reported and no proofs received 94717 00
14 Claims for matured endowments due and
unpaid 62633 57
15 Claims for death losses and other policy
claims resisted by the company 5000 00
17 Total policy claims 285423 05
20 Premiums paid in advance including surrender values
so applied 51009 06
21 Unearned interest and rent paid in advance 138 72
22 Commissionsdue to agents on premium notes when paid 27991 48
23 Commissions to agents due or accrued 2957 73
24 Cost of collection on un collected and deferred pre
miums in excess of the loading thereon new business 20908 73448 CompteolleeGtenebals Eepoet
25 Salaries Tents office expenses bills and accounts due
or accrued 6232 61
26 Medical examiners and legal fees due or accrued medi
cal 427 legal 65011 total 1077 11
27 State county and municipal taxes due or accrued 105970 10
31 Dividends or other profits due polieyholders including
those contingent on payment of outstanding and de
ferred premiums 201233 60
32 Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise 1200000 00
33 Dividends declared on or apportioned to deferred divi
dend policies payable to polieyholders during 1909 96453 85
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies 121731 95
45 Unassigned funds surplus 3502328 44
46 Total liabilities 47961705 34
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State
in force December 31 of previous year 1350 2674824 00
13 Policies on the lives of citizens of said State
issued during the year includes transfers 121 188228 00
14 Total 1471 2863052 00
15 Deduct ceased to be in force during the year 149 348407 00
16 Policies in force December 31 1322 2514645 00
No Amount
17 Losses and claims unpaid December 31 of pre
vious year 2 6000 00
18 Losses and claims incurred during year 9 23111 00
19 Total 11 2911100
20 Losses and claims settled during the year in cash 11 29111 00
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions Oi other expenses
49093571CompteollebGeneeals Kepoet 449
NEW YORK LIFE INSURANCE COMPANY OF NEW YORK CITY N Y
Darwin P Kingsley President J C MeCall and S M Ballard Sees
Home Office 346 Broadway New York City N Y
E J Clark Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 503681718 38
4 Extended at503681718 38
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 5424856 3d
7 Total first years premiums on original
policies 5424856 35
8 Dividends applied to purchase paidup ad
ditions and annuities 479212 80
10 Consideration for original annuities in
volving life contingencies 436221 51
11 Consideration for supplementary contracts
involving life contingencies 48821 00
12 Total new premiums 6389LI 1 66
13 Renewal premiums without deduction for
commissions or other expenses less 125
39377 for reinsurance on renewals 71331005 25
14 Dividends applied to pay renewal pre
miums 699996 44
15 Surrender values applied to pay renewal
premiums 16611 55
16 Renewal premiums for deferred annuities 22200 40
17 Total renewal premiums 72069S13 64
18 Total premium income 78458920 30
19 Consideration for supplementary contracts not involving
life contingencies 2294 78
20 Dividends left with the company to accumulate at int 1258 65
22 Gross interest on mortgage loans 2363915 99
23 Gross interest on collateral loans 34861 11
24 Gross interest on bonds less 19212319
accrued interest on bonds acquired dur
ing 1908 15238937 53450
CompteollebGenebals Eepoet
25 Gross interest on premium notes policy
loans or liens 4414464 94
26 Gross interest on deposits in trust com
panies and banks 264 222 12
27 Gross interest on other debts due the com
Pany 2378 44
28 Gross discount on claims paid in advance 667 18
29 Gross rent from companys property in
cluding 26781522 for companys occu
pancy of its own buildings 1032739 55
30 Total gross interest and rents 23 352 186 86
32 Commissions advanced in previous years
now repaid 50346 35
33 Policy fees 30539 29
34 Award from City of New York for dam
ages
35 Doubtful debts recovered
35125 00
10713 75
Total
38 Gross profit on sale or maturity of ledger assets viz
Real estate 837578 bonds 1915435 total
39 Gross increase by adjustment in book value of ledger
assets viz Bonds
126724 39
27530 13
196414 18
40 Total income 102435994 29
IIIDisbursements
1 For death claims less 1019329 reinsur
ance 2109633909 additions 1034
95168 total 22131290 77
2 For matured endowments 630453945
additions 15598112 total 6460520 57
3 Net amount paid for losses and matured endowments 28591811 34
4 For annuities involving life contingencies 1 739 250 24
6 Surrender values paid in cash or applied in liquidation
of loans or notes 12 801 190 82
7 Surrender values applied to pay renewal premiums 16 611 55
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 4 861 92g 56
10 Dividends applied to pay renewal premiums 699996 44
11 Dividends applied to purchase paidup additions and an
nuities 479212 80
12 Dividends left with the company to accumulate at int 1258 65
13 Total paid policyholders 49191258 40
14 Expense of investigation and settlement of policy claims
including 2281116 for legal expense 28 994 02ComptrollerGenerals Eeport
451
15 Paid for claims on supplementary contracts not involv
ing life contingencies 154801 80
18 Commissions to agents less commission on reinsurance
First years premiums 243453110 renewal premiums
98774058 annuities original 1296083 renewal
1719 total 3435249 70
9 746 41
19 Commuted renewal commissions JM
20 Salaries and allowances for agencies including managers
agents and clerks 1630045 04
21 Aeencv supervision traveling and all other agency ex
6 399 992 27
penses
22 Medical examiners fees 23800764 inspection of risks
n n ai i ti 300697 65
6269001 total
23 Salaries and all other compensation of officers directors
trustees and home office employees 1401672 08
24 Kent including 26784522 for companys occupancy of
its own buildings less 2127634 received under sub
545838 66
lease
25 Advertising 6759427 printing and stationery 196
37534 postage telegraph telephone and express 210
56822 exchange 6033007 total 534867 90
26 Legal expense
27 Furniture fixtures and safes Jl or
28 Repairs and expenses other than taxes on real estate 296006 9
i ji 168697 83
29 Taxes on real estate
30 State taxes on premiums
31 Insurance department licenses and fees 16849 9o
32 All other licenses fees and taxes viz
Local licenses and taxes 64874 45
33 Tax on policy reserve 37792 5o
34 Miscellaneous taxes 18023 56
35 Income tax on interest receipts 17639 52
138330 08
Total
37 Commissions advanced 7081 93
38 Paid agents under Nylic contracts 494882 03
39 Restaurant 3733923 premiums on fidel
ity bonds 870049 eustody of securi
ties 1499307 papers books subscrip
tions 991384 legislative and depart
mental expenses 1271007 association
of life insurance presidents not includ
ing amount paid them for legislative ex
penses 1453532 expenses trustees
election 1908 915125 expenses trus
tees election 1909 2558477 miscel
laneous interest payments 837842 in
spection reports not in connection with
new business 150284 executive com452
ComptrollerGenerals Eeport
mittee miscellaneous expenses 16824
examination of company by the New
York State Ins Dept 1892503 mis
cellaneous items of expense 1684602
40 Doubtful debts marked off
178748 59
19880 82
Total
44 Gross loss on sale or maturity of ledger assets viz
Real estate 18000 bonds 16169 total
45 Gross decrease by adjustment in book value of ledger
assets viz Real estate 439480 bonds 23776309
46 Total disbursements
700593 37
341 69
242157 89
60172009 25
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
Branch office balances debit 13434102 credit 133
4932 net
11 Cash in companys offices
I 12645993 97
58706413 36
500000 00
82631137 09
4685504 35
377518182 19
10085 54
1579417 61
7553918 45
1291 70
113759 16
12 Total ledger assets545945703 42
NonLedger Assets
13 Interest due 11287167 and accrued
37296150 on mortgages 485833 17
14 Interest due 14463669 and accrued 5
14971657 on bonds 5294353 26
15 Interest accrued on collateral loans 20000 00
16 Interest accrued on premium notes policy
loans or liens 211 997 20
17 Interest accrued on other assets 34042 79
18 Rents due 641510 and accrued 10
20532 on companys property or lease 16 620 42
39 Total interest and rents due and accrued 6 062 846 84
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 83118 49 4726256 10CompteollebGenebals Repoet
453
24 Gross deferred premiums
on policies in force De
cember 31 1908 330770 00 4745179 00
25 Totais 413888 49 9471435 10
26 Deduct loading 25 103472 12 2367858 78
27 Net amount of uncollected aQ
and deferred premiums 310416 37 7103576 32 7413992 0
33 Gross assets
Deduct Assets Not Admitted
559422542 95
40 Book value of ledger assets over market
value viz Bonds 200153117
41 Branch office debit balances 134341 02
Total
43 Admitted assets
2135872 19
557286670 76
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the Insur
ance Department of the State of New
York on the following tables of mortal
ity and rates of interest viz
1Actuaries table at 4 per cent on issues
prior to 1901 except those bearing 3
guarantees
199015041 00
Total
2 American Experience table at 3 per cent
on insurances bearing 3 guarantees 173914429 00
Same for reversionary additions 693o6 00
Total
3 American Experience table at 3 per
eent on issues of 1901 and since except
those bearing 3 guarantees 3898763 00
Same for reversionary additions 2401884 00
199015041 00
173983785 00
Total
6300647 00454 ComptrollerGenerals Report
4 Other tables and rates viz
Double American Experience table at 3
per cent on tropical insurances and those
on impaired lives 33905246 00
Same for reversionary additions 133 137 00
ota1 34038383 00
fcesqui American Experience table at 3
per cent on semitropical insurances and
those on partially impaired lives 30282 919 00
Same for reversionary additions 20 283 00
T0tia1 30303202 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries table at 4 per cent on issues
prior to 1901 8018394 00
American Experience table at 3 per cent
on issues of 1901 to 1906 inclusive 6653550 00
McClintocks Annuity table 3 per cent
on issues of 19071908 1039078 00
Total
15711022 00
Z0tf I459352080 00
b Deduct net value of risks of this companv reinsured in
other solvent companies 142j669 0Q
8 Net reserve2l7
9 1 resent value of amounts not yet due on supplemental
contracts not involving life contingencies computed by
10 T thierCf0rapan 2319830 24
10 lability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
267687 36
J Claims for death losses in process of ad
justment or adjusted and not due 765446 13
13 Claims for death losses which have been
reported and no proofs received 1888 427 63
14 Claims for matured endowments due and
unPaid 328881 10
15 Claims for death losses and other policy
claims resisted by the company 231780 62
16 Due and unpaid on annuity claims involv
ing life contingencies 141 435 83
17 Total policy claims 3 355971
18 Due and unpaid on supplementary contracts not involving
life contingencies 199 38CompteolleeGenekals Repoet 455
19 Dividends left with the company to accumulate at inter
est 125865 and accrued interest thereon 1887 V
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance Premium
notes 8673223 policy loans 185627561 real es
tate 723487 total
22 Commissions due to agents on premium notes when paid 48648 bU
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due
or accrued V
26 Medical examiners and legal fees due or accrued mod
ical and inspection fees 1750234 legal fees 1132269 28825 03
27 State county and municipal taxes due or accrued Ibifiia
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
f erred premiums
39 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1909 5937878
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting apportion
ment upon deferred dividend policies blioo
35 Reserve or surplus funds not otherwise included in lia
bilities consisting of additional reserve on policies
which the company voluntarily sets aside in excess of
the States requirements 3129402 war risk fund
501000 mortality fluctuation fund 500000 secur
ity fluctuation and general contingency fund 794o
84284 total n
40 Reserve for death claims not yet reported at home office 500000 00
41 Due agents under Nylic contracts
42 Reserve for Nylic contracts
557286670 76
46 Total liabilities
Business in the State of Georgia During the Year
No Amount
Policies on the lives of citizens of said State in
force December 31 of previous year11865 23587370 00
Policies on the lives of citizens of said State is
ii 772 loooUy uu
sued during the year
Tota 12637 25450399 00
Deduct ceased to be in force during the year 1077 2219952 00
Policies in force December 31 190811560 23230447 00456 ComptrollerGenerals Eeport
No
Losses and claims unpaid December 31 of previous
year 10
Losses and claims incurred during the year 159
Total 169
Losses and claims settled during the year in cash
1000 by compromise 38795498 166
Losses and claims unpaid December 31 1908 3
Premiums collected or secured in cash and notes or
credits without any deduction for losses divi
dends commissions or other expenses 727
33102
Amount
20295 00
372806 98
393101 98
388954 98
4147 00i
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OP
MILWAUKEE WISCONSIN
Geo C Markham President A S Hathaway Secretary
Home Office Corner Broadway and Michigan Sts Milwaukee Wis
W Woods White Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 229749766 83
4 Extended at229749766 83
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 345722 29
7 Total first years premiums on original
Policies 3457622 29
8 Dividends applied to purchase paidup ad
ditions and annuities j 092 907 n
10 Consideration for original annuities in
volving life contingencies 137 699 79
12 Total new premiums 4C88859 38
13 Renewal premiums without deduction for
commissions or other expenses 26 210 102 78
ComptbollebGenebals Repoet 457
14 Dividends applied to pay renewal pre
miums 4393890 95
16 Renewal premiums for deferred annuities 2193 66
17 Total renewal premiums 30606187 39
18 Total premium income 35295046 77
19 Consideration for supplementary contracts not involving
life contingencies 167989 14
20 Dividends left with the company to accumulate at int 888 41
22 Gross interest on mortgage loans 5831533 36
24 Gross interest on bonds and dividends on
stocks less 2927469 accrued interest
on bonds acquired during 1908 3131117 85
25 Gross interest on premium notes policy
loans or liens 1619250 98
26 Gross interest on deposits in trust com
panies and banks 46576 64
27 Gross interest on other debts due the
company 249398 80
28 Gross discount on claims paid in advance 14206 14
29 Gross rent from companys property in
cluding 5569666 for companys occu
pancy of its own buildings 244750 18
30 Total gross interest and rents 11136833 95
31 From other sources viz
32 Deficiency judgment collected 754 06
33 Old debt paid 5 25
Total 759 31
38 Gross profit on sale or maturity of ledger
assets viz Eeal estate 29258 84
Bonds 1965 35
Total 31224 19
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 34422 23
40 Total income 46667164 00
IIIDisbursements
I
1 For death claims 846077531 addi
tions 21371605 total 867449136
2 For matured endowments 190625000
additions 6021927 total 1966469 27
3 Net amount paid for losses and matured endowments 10640960 63
4 For annuities involving life contingencies 72381 82
30ins458 ComptbolleeGteneeals Eepoet
5 Premium notes and liens voided by lapse less 364652
restorations 8198 39
6 Surrender values paid in cash or applied in liquidation
of loans or notes 6 798 004 22
10 Dividends applied to pay renewal premiums 4393890 95
11 Dividends applied to purchase paidup additions and an
nuities 1092207 11
12 Dividends left with the company to accumulate at int 888 41
13 Total paid policyholders 26947677 81
14 Expense of investigation and settlement of policy claims
including 345562 for legal expense 3975t 17
15 Paid for claims on supplementary contracts not involv
ing life contingencies 158221 99
18 Commissions to agents less commission on reinsurance
First years premiums 147940790 renewal premiums
205240693 annuities original 44798 renewal
4387 total 3532306 68
20 Salaries and allowances for agencies including managers
agents and clerks g Igg g9
21 Agency supervision traveling and all other agency ex
penses 1699 00
22 Medical examiners fees 17796553 inspection of risks
1831580 total 196281 33
23 Salaries and all other compensation of officers directors
trustees and home office employees 690 379 61
24 Rent including 5569666 for companys occupancy of
its own buildings 39 343 73
25 Advertising 830182 printing and stationery 87
25389 postcge telegraph telephone and express 127
57883 exchange 1123644 total 234370 98
26 Legal expense 3 374 47
27 Furniture fixtures and safes n 249 93
28 Repairs and expenses other than taxes on real estate 100030 80
29 Taxes on real estate 51 145 17
30 State taxes on premiums 385 gg8 32
31 Insurance department licenses and fees 23310 35
33 State tax on income 365303 61
34 State tax on reserves 25899 08
35 Publishing statement as required by law
130818 county and municipal licenses
and tax on premium 812566 total 9433 84
Total 400636 53
37 Loan expenses 159859 15
38 Legislative expenses 99 52
39 Traveling expenses 939 31
40 Premiums on fidelity bonds 360 00
41 Loss on policy loan I65 00
Total 161422 98ComptrollebGeneeals Eepoet
459
45 Gross decrease by adjustment in book value of ledger
assets viz Real estate 2656816 bonds 12188745 148455 61
46 Total disbursements 33119322 11
IVLedger Assets
1 Book value of real estate 2112626 68
2 Mortgage loans on real estate first liens 129213585 24
4 Loans made to policyholders on this companys policies
assigned as collateral 33440200 51
5 Premium notes on policies in force 533804 13
6 Book value of bonds 74814688 95
7 Cash in companys office
9 Deposits in trust companies and banks on interest
3078037 80
12 Total ledger assets 243297608 72
NonLedger Assets
13 Interest due 2778230 and accrued 1
85658583 on mortgages 1884368 13
14 Interest due 5311500 and accrued 1
04038126 on bonds 1093496 26
16 Interest due 14174725 and accrued
92161386 on premium notes policy
loans or liens 1063361 11
18 Rents accrued on companys property or
lease H553 76
19 Total interest and rents due and accrued 4055779 26
New Business Renewals
23 Grdss premiums due and
unreported on policies in
force December 31 1908 18060 00 1404108 04
24 Gross deferred premiums
on policies in force De
cember 31 1908 269681 00 1670120 00
25 Totals 287741 00 3074228 04
26 Deduct loading 63303 02 676330 17
27 Net amount of uneollected
and deferred premiums 224437 98 2397897 87 2622335 85
33 Gross
assets 249975723 83460
CompteolleeGenebals Repoet
Deduct Assets Xot Admitted
40 Book value of ledger assets over market value viz
Bonds only Massachusetts and New York valuation 1950503 95
43 Admitted assets 248025219 88
VLiabilities
Net present value of all the outstanding
policies in force an the 31st day of De
cember 1908 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 life
endowment and term policies issued
prior to Feb 1 1899127052731 00
Same for reversionary additions 4291251 00
Total 131343982 00
2 American Experience table at 3 per cent
on life endowment and term policies is
sued since Feb 1 1899 78065202 00
Same for reversionary additions 2682249 00
Total 80747451 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries table at 4 per cent 635996 00
American Experience table at 3 per cent 325444 00
Total 961440 00
8 Net reserve 213052873 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 1270245 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
moded 5948 34
11 Claims for death losses due and unpaid 67464 03
12 Claims for death losses in process of ad
justment or adjusted and not due 196364 74
13 Claims for death losses which have been
reported and no proofs received 206621 49
14 Claims for matured endowments due and
unPaid 140317 96
15 Claims for death losses and other policy
claims resisted by the company 123698 46ComptrollerGenerals Eeport
461
16
17
18
19
20
21
23
25
26
27
31
32
33
34
45
46
12
13
14
15
16
17
Due and unpaid on annuity claims involv
ing life contingencies
568 80
Total policy claims
Due and unpaid on supplementary contracts not involv
ing life contingencies
Dividends left with the company to accumulate at inter
est 88841 and accrued interest thereon 1525
Premiums paid in advance including surrender values
so applied
Unearned interest and rent paid in advance
Commission to agents due or accrued
Salaries rents office expenses bills and accounts due
or accrued
Medical examiners and legal fees due or accrued
State county and municipal taxes 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 1909 whether
contingent upon the payment of renewal premiums or
otherwise
Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1909
Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies
Unassigned funds surplus
735035 48
2167 20
903 66
37380 28
679 93
82787 88
18707 84
49810 75
256622 56
699411 56
6520551 27
3979448 73
16847000 00
4465646 40
Total liabilities248025219 88
Business in the State of Georgia During the Year
No Amount
Policies on the lives of citizens of said State
in force December 31 of previous year 7564 17143433 00
Policies on the lives of citizens of said State
reported during the year 782 2057500 00
Total 8346 19200933 00
Deduct ceased to be in force during the year
including removals from the State 454 1010433 00
Policies in force December 31 7892 18190500 00
Loss and claims unpaid December 31 of pre
vious year
Dosses and claims incurred during year
18
19 Total
4
71
3500 00
154175 14
75 157675 14462
COMPTBOLLEE GENERAL s BePOBT
20 Losses and claims settled during the year
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
60521436
expenses
68
7
146652 47
11022 67
NORTHWESTERN NATIONAL LIEE INSURANCE COMPANY OF
MINNEAPOLIS MINNESOTA
L K Thompson President Kobt E Esterly Secretary
Principal Office Corner Nicollet Ave and 11th St Minneapolis Minn
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 4688729 01
Extended at 4688729 01
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 145243 72
1 Cash received for renewal premiums
without deductions for commissions or
expenses
3 From dividends applied to pay running
premiums 105104
Total 1215676 08
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 275702
renewals 114959 total 3906 61
7 Total premium incomet i n 759 47
8 Cash received for interest on mortgage loans 202 539 92
10 Cash received for interest on premium notes loans or
llens 28677 30
11 Cash received for interest on other debts due the com
Pany 12717 12
13 Cash received for rents for use of companys property
including 12000 for companys own occupancy 35 790 20
Total income 14949401ComptbollebGIenerals Repobt
463
IIIDisbursements for tJhe Year
1 Cash paid for death claims including re
visionary additions
3 Cash paid for matured endowments and
additions thereto
332327 34
300960 22
Total 633287 56
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured
10000 00
19
20
7 Total net amount actually paid for losses and matured
endowments
10 Cash dividends paid polieyholders
11 Cash dividends applied to pay running premiums
13 Surrender values paid in cash
Total paid polieyholders 713502 33
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 9262538
renewals 297630 total
18 Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1140025 in
spection of risks 162440 total
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
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents
licenses and municipal licenses
24 Cash paid for rent including 1200000 for companys
occupancy
25 Cash paid for commuting commissions
26 Cash paid for furniture fixturesand safes for home and
agency offices
27 Cash paid for advertising 1296306 printing 439562
28 Cash paid for real estate expenses other than taxes
1524755 for legal expenses 895455 total
Cashpaid for the following items viz Telephone and
express
Agency supervision and other agency expenses
Total miscellaneous expenses 12369 98
29
623287 56
18728 84
1051 04
70434 89
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
95601 68
5340 00
13024 65
69581 15
15816 55
4554 60
3026 10
12000 00
12 50
4886 40
17358 68
24202 10
6151 52
22075 87
1019504 11
441916 27
3798184 16464
ComptrollerGenerals Eeport
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
State Natl Bk Oklahoma City 1950 miscellaneous
account net 105937 total
514613 73
291207 43
17759 75
72612 89
4780 00
24600 21
3009 37
11 Total net or ledger assets as per balance above
12 Deduct depreciation from cost of assets to bring same
to market value
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 787480 and accrued 68
28991 on mortgages
15 Interest accrued on bonds and stocks
17 Interst due 94228 and accrued 917068
on premiums notes loans or liens
18 Interest due 400 and accrued 200 on
other assets
19 Bents due 26033 and accrued 3333 on
companys property or lease
5168683 81
4465 94
5164217 87
76164 71
2797 48
10112 96
600 00
293 66
Total carried out
20 Market value of real estate over cost
New Business Benewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums
on policies in force De
cember 31 1908 11250 27
15316 73 12488 05
229119 02
Totals
25 Deduct loading
26567 00 241607 07
19963 50 37294 47
26 Net amount of uncollected
and deferred premiums 6603 50 204312 60
Extended
27 Furniture fixtures and safes
Beserve liens 23232244 printing plant 2500 un
earned fire premiums 161311 prem notes 155086
28 Total assets as per the books of the company
89968 81
14383 71
210916 10
15000 00
237986 41
5732472 90
ComptbollebGeneeals Bepoet 465
Items Not Admitted
Item No 10 ledger assets 3009 37
2 Furniture fixtures and safes 17500 00
5 Agents balances 24600 21
7 Bills receivable 4780 00
8 All other items 630 09
Total 50519 67
9 Total assets less items not admitted 5681953 23
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American Expe
rience 3 per cent 4876627 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2136 00
Net reinsurance reserve 4874491 00
4 Claims for matured endowments due and
unpaid 265 42
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 30452 75
6 Claims for death losses and other policy
claims resisted by the company 2839 58
8 Present value of unpaid amoutns on ma
tured installment policies 6888 58
9 Amount of trust funds held by the com
pany 37 00
Total policy claims 40483 33
10 Amount of all unpaid dividends of surplus or other de
preciation of profits due polieyholders 347299 21
12 Amount of national State or other taxes due 21000 00
13 Amount due on account of salaries Tents and office ex
penses 5000 00
16 Amount of any other liability of the company viz
Premiums paid in advance 54046 28
16 Other miscellaneous items 9582984 additional re
serves 40000 total 135829 84
17 Liabilities on policyholders account 5478147 66
18 Gross surplus on policyholders account 203805 57
19 Total liabilities 5681953 23466
ComptbollebGeneeals Repobt
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 16 16382 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 24 70500 00
Total 40 86882 00
Deduct number and amount Which have ceased to
be in force during the year 2 1619 00
Total number and amount of policies in force
in Georgia December 31 1908 38 85263 00
Amount of premiums collected or secured in Geor
gia during the year in cash 157718
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
George I Coehran President C I D Moore Secretary
Home Office Sixth and Olive Sts Los Angeles California
B J Costello Augusta 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 18454303 10
4 Extended at 13454303 10
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 297Cll for first
years reinsurance 622369 33
6 Surrender values applied to pay first
years premiums 3180 56
7 Total first years premiums on original
policies 625549 89
8 Dividends applied to purchase paidup ad
ditions and annuities 134453 44
9 Surrender values applied to purchase
paidup insurance and annuities 726 09
10 Consideration for original annuities in
volving life contingencies 8040 00
12 Total new premiums 768 769 42
CompteolleeGteneeals Bepoet 467
13 Benewal premiums without deduction for
commissions or other expenses less 25
51738 for reinsurance on renewals 3056971 03
14 Dividends applied to pay renewal pre
miums 8404015
15 Surrender values applied to pay renewal
premiums 15 90
17 Total renewal premiums 3179169 08
18 Total premium income 3947938 50
19 Consideration for supplementary contracts not involving
life contingencies
22 Gross interest on mortgage loans 270591 29
23 Gross interest on collateral loans 18881 44
24 Gross interest on bonds and dividends on
stocks less 436689 accrued interest on
bonds acquired during 1908 253701 28
25 Gross interest on premium notes policy
loans or liens 114348 00
26 Gross interest on deposits in trust com
panies and banks 9426 45
27 Gross interest on other debts due the com
14436 67
pany
28 Gross discount on claims paid in advance 31 33
29 Gross rent from companys property in
cluding 750000 for companys occu
pancy of its own buildings 34192 12
30 Total gross interest and rents 715608 58
32 Sale of unlisted assets 12673 33
33 Accident department income 891685 57
904358 90
Total
37 From agents balances previously charged off 10444 59
38 Gross profit on sale or maturity of ledger assets viz
Real estate 4845916 bonds 4000 total 48499 16
5633124 23
40 Total income v
IIIDisbursements
1 For death claims less 1863000 reinsur
ance 84308905 additions 23
07175 total 866160 80
2 For matured endowments 5850000
additions 330300 total 61803 00
3 Net amount paid for losses and matured endowments 927963 80
4 For annuities involving life contingencies 10726 13468 ComptrollerGenerals Beport
5 Premium notes and liens voided by lapse less 440632
restorations 77583 18
6 Surrender values paid in cash or applied in liquidation of
loans or notes 264059 39
7 Surrender values applied to pay new premiums 318056
to pay renewal premiums 3815790 total 41338 46
8 Surrender values applied to purchase paidup insurance
and annuities 726 09
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 162 195 44
10 Dividends applied to pay renewal premiums 84040 15
11 Dividends applied to purchase paidup additions and
annuities 134453 44
13 Total paid policyholders 1703086 08
14 Expense of investigation and settlement of policy claims
including 142462 for legal expenses 4485 71
15 Paid for claims on supplementary contracts not involving
life contingencies 3 013 00
17 Paid stockholders for interest or dividends 70000 00
18 Commissions to agents less commission on reinsurance
First years premiums 40318387 renewal premiums
22731903 annuities original 40200 total 630904 90
20 Salaries and allowances for agencies including managers
agents and clerks 7 127 25
21 Agency supervision traveling and all other agency ex
Penses 29934 94
22 Medical examiners fees 4346044 inspection of risks
952940 total 53939 84
23 Salaries and all other compensation of officers directors
trustees and home office employees 139 580 57
24 Rent including 750000 for companys occupancy of its
own buildings 26447 47
25 Advertising 1340914 printing and stationery 20
06566 postage telegraph telephone and express 9
98358 exchange 98268 44 441 06
26 Legal expense 18 102 i
27 Furniture fixtures and safes 319 01
28 Repairs and expenses other than taxes on real estate 6571 72
29 Taxes on real estate 15 442 94
30 State taxes on premiums 33 ro 29
31 Insurance department licenses and fees 7102 62
33 Personal property tax 224833 franchise tax 1521212
municipal licenses 284776 total 20 308 21
36 Other disbursements viz Library bureau 64731 loss
and gain 33584 State department examinations
27380 general expenses 359520 accident depart
ment disbursements 84697226 total 851 824 41ComptrollerGenerals Report
469
43 Agents balances charged off
43y2 Furniture and fixtures charged off
14401 84
71183 83
Total 85585 67
44 Gross loss on sale or maturity of ledger assets viz Real
estate 15000 bonds 4670320 total 46853 20
46 Total disbursements 3802945 05
IVLedger Assets
1 Book value of real estate
2a Mortgage loans on real estate
b Warrants reclaimed district 407 Sacramento Co Cal
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 461206966 and stocks 423
03163 accident department 24380829 total
7 Cash in companys office accident de
partment 1845398 186005 71
8 Deposits in trust companies and banks
not on interest accident department
729618 120109 24
9 Deposits in trust companies and banks on
interest 192093 89
1141901 30
5905507 09
26618 66
329210 43
1393024 70
954027 84
Total cash items
10 Bills receivable
12 Total ledger assets
498208 84
2882 13
15284482 28
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds 8248108
accident department 424166
15 Interest accrued on collateral loans
16 Interest due 880557 and accrued 5
38419 on premium notes policy loans or
liens
17 Interest accrued on other assets
18 Bents accrued on companys property or
lease
57704 82
82481 08
4275 88
14189 76
2068 75
405 00
19 Total interest and rents due and accrued
21 Market value of bonds and stocks over bock value acci
dent department 422006
161125 29
37117 93470
ComptrollerGenerals Report
New Business Renewals
23 Gross premiums due and un
reported on policies in
force December 31 1908 127483 33 251499 20
24 Gross deferred premiums on
policies in force Decem
ber 31 1908 30353 33 291864 13
25 Totals
26 Deduct loading
157836 66 543363 33
94702 00 67920 42
27 Net amount of uncollected
and deferred premiums 63134 66 475442 91 538577 57
29 Separate nonledger assets of accident department 191660 68
33 Gross assets 16 212 963 75
Deduct Assets Not Admitted
38 Bills receivable 2 882 13
39 Premium notes and loans on policies and net premiums in
excess of the net value of their policies 30926 00
40 Book value of ledger assets over market value 79081 91
43 Admitted assets 16100073 71
VLiabilities
Net present value of all the outstanding policies in force on
the 31st day of December 1908 as computed by the
State Department on the following tables of mortality
and rates of interest viz
1 Actuaries table at 4 per cent on all policies issued prior
to January 1 1901 560559856 same for reversionary
additions 13973106 total 5745329 62
2 American Experience table at 3 per cent on policies
issued from December 31st 1900 to Jan 1st 1908 and
1908 nonparticipating policies 713268974 same for
reversionary additions 82901890 total 7961708 64
3 American Experience table at 3 per cent on annual divi
dend policies issued in 1907 and policies issued in 1908
except nonparticipating policies 12128877 same for
reversionary additions 11330 total 121402 07
Net present value of annuities including those in reduc
tion of premiums viz American Table of Mortality
and 3 per cent interest 88487 68
To1 13916928 01CompteolleeGenebals Eepoet
471
s

6 Deduct net value of risks of this company reinsured in
other solvent companies
109991 42
13806936 59
7 Reserve to provide for health and accident benefits con
tained in life policies 893 j 10
8 Net reserve 13815871 69
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 15543 97
12 Claims for death losses in process of
adjustment or adjusted and not due 22498 23
13 Claims for death losses which have been
reported and no proofs received 39525 27
14 Claims for matured endowments due and
unpaid 1329 00
15 Claims for death losses and other policy
claims resisted by the company 6250 00
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners and legal fees due or accrued
27 Taxes on premiums payable in 1909
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies
Commissions due and accrued on conservative life eon
tracts
Premiums due reinsuring companies
42 Interest due and accrued on reinsurance fund
43 Accident department liabilities
44 Capital stock
45 Unassigned funds surplus accident department 27
57538 stockholders 30000000 life department
20506881 total
40
n
69802 50
33674 20
33255 35
2275 23
5637 93
13415 50
38784 09
78332 64
14941 87
2047 67
1691 41
442155 47
1000 000 00
532644 19
46 Total liabilities 16100073 71
Business in the State of Georgia During the Year
No
Amount
12 Policies on the lives of citizens of siaid State in
force December 31 of previous year 938 1544525 00
13 Policies on the lives of citizens of said State
164 254355 00
issued during the year
14 Total
1102 17
00472 ComptrollerGenerals Report
15 Deduct ceased to be in force during the year 182 342 983 00
16 Policies in force December 31 920 1455897 00
No Amount
17 Losses and claims unpaid December 31 of pre
vis year 3 304100
18 Losses and claims incurred during year 4 8 041 00
19 Total 7 11082 00
20 Losses and claims settled during the year in
eash 7 11082 00
22 Premiums eollected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 50438 52
PHILADELPHIA LIFE INSURANCE COMPANY OF PENNSYLVANIA
A J Maloney President W H Hubbard Secretary
Principal Office Philadelphia Penn
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 560850 00
Amount of net or ledger assets December
31 of previous year 1213776 55
Increase of capital i 260 00
Extended at 1215036 55
Income During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 179000 5S
1 Cateh received for renewal premiums
without deductions for commissions or
other expenses 453947 46
2 Premium notes loans or liens taken in
part payment for premiums on new poli
eies 25880 27
2 Premium notes loans or liens taken in
part payment for renewal premiums 69017 02
3 From dividends applied to pay running
premiums 29103 13
3 From dividends applied to purchase paid
up additions and annuities 716 22ComptbollekGenerals Beport
473
4 From surrender values applied to pay
running premiums
4 From surrender values applied to pur
chase paidup insurance and annuities
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 63852 re
newals 381400
241 19
85 00
757990 87
4452 52
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or liens
11 Cash received for interest on other debts due the com
pany
14 Cash received for profits on sales of bonds or stocks
16 From dividends and surrender values ion reinsurance
19 From all other sources viz Premium on capital stock
Total income
IIIDisbursements During the Year
129586 00
1 Cash paid for death claims including re
versionary additions
7 Total net amount actually paid for losses and matured
endowments
9 Premium notes loans or liens used in purchase of sur
render policies 12466 voided by lapse 1149152
total
10 Cash dividends paid policyholders
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
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 189556 12
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 14589802
renewals 4159115 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 918300 in
spection of risks 83874 total
31ins
753538 35
10297 37
36901 61
2474 12
5616 74
343 75
16832 82
2623 50
828628 26
129586 00
11616 18
1375 5S
29103 13
17549 04
241 19
85 00
33611 40
187489 17
2868 no
10021 74
474
ComptbollebGenebals Repoet
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 48027 42
21 Cash paid for taxes on new premiums and renewals 7241 88
23 Cash paid for insurance department fees and agents
licenses 629963 municipal licenses 107705 total 7376 68
24 Cash paid for rent 5393 32
26 Cash paid for furniture fixtures and safes for home and
agency offices 2084 97
27 Cash paid for advertising 225656 printing 521526
postage 691202 total 14383 84
28 Cash paid for legal expenses 4543 50
29 Cash paid for the following viz Decrease in book
value of bonds 1835 41
Total miscellaneous expenses 514433 95
30 Total disbursements 514433 95
IVAssets as Per Ledger Accounts
2 Loan on mortgage first liens on real estate 510100 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 23515 60
5 Premium notes loans or liens on policies in force of
which 2149298 was received during the year 51156 94
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 863 961 04
7 Cash in companys office 2 254 13
8 Cash deposited in banks 66 729 87
10 Agents ledger balances 14 697 42
11 Total net or ledger assets 1532415 00
12 Deduct depreciation from cost of assets to bring same
to market value 3 184 14
13 Total net or ledger assets less depreciation
Other Assets
14 Interest accrued on mortgages 6215 27
15 Interest accrued on bonds 11816 44
17 Interest on premiums notes loans or liens 99 77
18 Interest accrued on other assets 144 74
1529230 86
Total carried out
21 Market value of bonds and stocks over cost
18276 22
6851 53
New Business Renewals
23 Gross premiums duo and
unreported on policies in
force December 31 1908 1224 00 25735 00ComptrollerGenerals Report
475
24
25
26
28
5
9
Gross deferred premiums
on policies in force De
cember 31 1908
5973 00
116
00
Totals
Deduct loading
7197 00
3271 00
Net amount of uncollected
and deferred premiums
Extended
3926 00
37424 0C
7592 00
29832 00
33758 00
Total assets as per the books of the company
Items Mot Admitted
Agents balances
Total assets less items not admitted
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
1588116 61
14697 42
1573419 19
683658 00
2573 00
Net reinsurance reserve
Premium notes or loans on policies and
other obligations in excess of the net
value of their policies
Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
Claims for death losses and other policy
claims resisted by the company
Present value of unpaid amounts on ma
tured installment policies
681085 00
9753 00
200000
15000 00
2172 00
10
13
16
Total policy claims
Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
Amount due on account of salaries rents and office ex
penses
Amount of any other liability of the company viz Pre
miums paid in advance
28925 00
46700 94
3703 00
1971 79
17 Liabilities on policyholderss account
762385 73476 ComptrollerGenerals Report
18 Capital and gross surplus on policyholders account 811033 46
19 Total liabilities 1573419 19
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 6 26000 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 10 39000 00
Total 16 65000 00
Deduct number and amount which have ceased to
be in force during the year 5 20000 00
Total number and amount of policies in force in
Georgia December 31 11 45000 00
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA OF
NEWARK NEW JERSEY
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
1 Amount of capital paid
up in cash 2000000 00
2 Amount of ledger assets as perbalance
December 31st of previous year145817990 18
4 Extended at 145817990 18
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 606909 for first
years reinsurance 6629516 49
6 Surrender values applied too pay first years
premiums 5328 11
7 Total first years premiums on original
policies 6634844 60
8 Dividends applied to purchase paidup
additions and annuities 67782 02ComptbollebGenebals Eepoet
477
9 Surrender values applied to purchase paid
up insurance and annuities 1188176 80
10 Consideration for original annuities in
volving life contingencies 43958 9o
11 Consideration for supplementary contracts
involving life contingencies
937 43
12 Total new premiums
13 Eenewal premiums without deduction for
commissions or other expenses less 146
50814 for reinsurance on renewals4503049119
14 Dividends applied to pay renewal pre
249877 28
miums
15 Surrender values applied to pay renewal
13422 73
790 63
7935699 80
premiums
16 Eenewal premiums for deferred annuities
17 Total renewal premiums 45294581 83
18 Total premium income5323028163
19 Consideration for supplementary contracts not involving
life contingencies
22 Gross interest on mortgage loans 1330755 88
23 Gross interest on collateral loans 428869 83
24 Gross interest on bonds and dividends on
stocks less 18447135 accrued interest
on bonds acquired during 1908 3699650 86
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
478182 21
289327 75
16653 39
789984 97
29 Gross rents from companys property in
cluding 42121580 for companys occu
pancy of its own buildings
30 Total gross interest and rents 7033424 89
31 From other sources viz Conscience fund
38 Gross profit on sale or maturity of ledger assets viz
Eeal estate 578720 bonds 786750total
13654 70
40 Total income
60337034 42
IIIDisbursements
1 For death claims 1435906650 addi
tions 4309260 total 14402159 10
2 For matured endowments 23139477
additions 149200 total 232886 77478 ComptbollebGenebals Eepobt
3 Net amount paid for losses and matured endowments 14635045 87
4 For annuities involving life contingencies 68999 60
6 Surrender values paid in cash or applied in liquidation
of loans or notes i 502 384 48
7 Surrender values applied to pay new premiums 532811
to pay renewal premiums 1342273 total 18750 84
8 Surrender values applied to purchase paidup insurance
and annuities 1188176 80
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 1 765 096 63
10 Dividends applied to pay renewal premiums 249877 28
11 Dividends applied to purchase paidup additions and an
nuities 67782 02
13 Total paid policyholders 19496113 52
14 Expense of investigation and settlement of policy claims
including 600030 for legal expense 15511 86
15 Paid for claims on supplementary contracts not involving
life contingencies 3g 126 97
17 Paid stockholders for interest or dividends 200 000 00
18 Commissions to agents less commission on reinsurance
First years premiums 271217970 renewal premiums
504202955 annuities original 222059 renewal
4878 7756478 62
19 Commuted renewal commissions 57 804 00
20 Salaries and allowances for agencies including managers
agents and clerks 2733039 65
21 Agency supervision traveling and all other agency ex
Penses 339655 71
22 Medical examiners fees 54680550 inspection of risks
2943830 570243 80
23 Salaries and all other compensation of officers directors
trustees and home office employees 1 876 844 10
24 Rent including 42121580 for companys occupancy of
its own buildings less 140169 received under sublease 696925 85
25 Advertising 28502901 printing and stationery 267
67228 postage telegraph telephone and express
15047587 703177 16
26 Legal expense 33942 33
27 Furniture fixtures and safes 85 291 55
28 Repairs and expenses other than taxes on real estate 253350 98
29 Taxes on real estate 187 859 04
30 State taxes on premiums 741 1 70 52
31 Insurance department licenses and fees 28 763 87
32 All other licenses fees and taxes viz New Jersey State
tax on surplus 14589339 municipal taxes and licenses
13003386 city and county taxes on premiums 5
83885 life insurance excise tax Mass 1033557 292101 67
36 Other disbursements viz Sundry general expenses 108
70921 investment expense account 2387918 expensesCompteolleeGeneeals Eepoet
479

of annual audit by public accountants 750000 law
libraries 74825 premiums on surety bonds 252101
44 Gross loss on sale or maturity of ledger assets viz
Bear estate 40750 bonds 24305969
45 Gross decrease by adjustment in book value of ledger
assets viz Beal estate
46 Total disbursements
143357 65
243467 19
120114 92
36628340 96
IVLedger Assets
12110144 80
31565741 39
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this company s policies
assigned as collateral l47o293 03
5 Premium notes on policies in force
6 Book value of bonds 9448186775 and stocks 285o g
24000 gslll 53
7 Cash in companys office
8 Deposits in trust companies and banks not on interest JJ
9 Deposits in trust companies and banks on interest8394541
169526683 64
12 Total ledger assets
NonLedger Assets
13 Interest due 3577219 and accrued n
57774654 on mortgages bl6oia
14 Interest due 235000 and accrued 1
25231340 on bonds
15 Interest due 637500 and accrued 43
187 03 on collateral loans
16 Interest due 2495212 and accrued
87101 on premium notes policy loans
or liens
17 Interest due 79000 and accrued 40000
on other assets
18 Bents due 250157 and accrued 10
80833 on companys property or lease
49562 03
25823 13
1190 00
13309 90
a 1958067 19
19 Total interest and rents due and accrue
New Business Benewals
23 Gross premiums due and
unreported on policies in
forceDecember 31 1908 111235 49 1311089 69
24 Gross deferred premiums on480
ComptrollerGenerals Eeport
policies in force Decem
ber 31 1908
386629 44 2846302 23
25 Totals
26 Deduct loading
497864 93 4157391 92
88826 73 908229 40
27 Net amount of uncollected
and deferred premiums 409038 20 3249162 52 3658200 72
28 All other assets viz Stationery and printed matter 10
00000 furniture fixtures and safes 5000000 law
libraries 688955 total 66 889 55
33 Gross assets
Deduct Assets Not Admitted
175209841 10
35 Supplies stationery printed matter 10
00000 furniture fixtures and safes
5000000 total 60000 00
40 Book value of ledger assets over market
value December 31 1908 viz Bonds
and stocks 1404248 00
41 Law libraries 6889 55
42 Amount on deposit in New Amsterdam
National Bank N Y in hands of re
ceiver 76 39
Total 1471213 94
43 Admitted assets 173738627 16
VLiabilities
Net present value of all the outstanding policies in force on
the 31st day of December 1908 as computed by the
company on the following tables of mortality and rates
of interest viz
1 Actuaries table at four per cent on policies issued prior
to January 1 1901 except as provided for 69 457845
same for reversionary additions 20372100 total 69661566 00
2 American Experience table at three per cent on policies
issued after December 31 1900 andprior to August 1
1907 except as provided for 5785127000 same for
reversionary additions 11757100 total 57968841 00
3 American Experience table at three and onehalf per
cent on ordinary policies issued after July 31 1907
except as provided for 2 315 467 00
4 Other tables and rates viz
New York Standard Industrial table at tkree and one
half per cent on Industrial policies issued after Decem
ber 31 1906 3302667 00CompteollebGtenebals Repoet
481
New York Standard Intermediate table at three and one
half per cent on Intermediate and Hazardous rating
policies issued after July 31 1907
Liability on account of extra premiums for occupation
residence etc
5 Net present value of Annuities including those in reduc
tion of premiums viz
Actuaries table at four per cent on Annuities issued
prior to January 1 1901
American Experience table at three and onehalf per cent
on annuities issued after December 31 1900 andprior
to January 1 1907
McClintoeks tables at three and onehalf per cent on
annuities issued after December 31 1906
Special reserve to make total reserve equal net reserve
according to Massachusetts standard 3467674 00
512653 00
17536 00
248942 00
327706 00
93418 00
Total135916470 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 556955 00
8 Net reserve 135359515 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 partici
pating policies issued prior to 1901 four per cent on
nonparticipating policies issued prior to 1901 or after
July 31 1907 and on income policies three and one
half per cent on all other policies three per cent
10 Liability on policies canceled and not included in net
reserve upon which a surrender value may be de
manded
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
437271 10
409877 00
166903 18
458328 97
12558 90
65802 53
17 Total policy claims
18 Due and unpaid on supplementary contracts not involv
ing life contingencies
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
23 Commissions to agents due or accrued
703593 58
1325 00
487175 38
244597 90
177 80
10774 90482
ComptbollebGenebals Eepobt
25 Salaries rents office expenses bills and accounts due or
accrued 34840 16
26 Medical Examiners and legal fees due or accrued 113135 69
27 State county and municipal taxes due or accrued 962382 74
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 130688 66
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise 26422 75
33 Dividends declared on or apportioned to deferred dividend
policies payable to policyholders during 1909 267631 99
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 14623279 37
35 Eeserve or surplus funds not otherwise included in liabili
ties give items and amounts separately and state for
what purpose each of said funds is held Special re
serve set aside prior to 1899 to prepare for a more
stringent basis of reserve on industrial policies 1000000 00
40 Cost of voluntary dividend making industrial policies
paidup for policyholders attaining age 75 in 1909 271191 00
44 Capital stock 2000000 00
45 Unassigned funds surplus 16654747 15
46 Total liabilities 173738627 16
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State in
force December 31st of previous year 5039 10305541 00
13 Policies on the lives of citizens of said State
issued during the year 630 1344751 00
14 Total 5669 11650292 00
15 Deduct ceased to be in force during the year 369 796344 00
16 Policies in force December 31st 5300 10853948 00
17 Losses and claims unpaid December 31st of pre
vious year 4 9000 00
18 Losses and claims incurred during the year 39 89776 19
19 Total 43 98776 19
20 Losses and claims settled during the year in
cash ordinary 40 92276 19
21 Losses and claims unpaid December 31st 3 6500 00
22 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses ordinary 354505 67I
ComptrollerGenerals Report 483
PENN MUTUAL LIFE INSURANCE COMPANY OP PENNSYLVANIA
George K Johnson President John Humphreys Secretary and Treasurer
Home Office 921 923 and 925 Chestnut St Philadelphia Pa
Henry C Bagley Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 89065678 35
4 Extended at 89065678 35
IIInconie
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1865393 for first
years reinsurance 1629882 38
6 Surrender values applied to pay first years
premiums 2162 05
7 Total first years premiums on original
policies 1632044 43
8 Dividends applied to purchase jpaidup
additions and annuities 125527 41
9 Surrender values applied to purchase paid
up insurance and annuities 238362 8G
10 Consideration for original annuities in
volving life contingencies 272437 04
11 Consideration for supplementary contracts
involving life contingencies 6228 47
12 Total new premiums 2274600 21
13 Renewal premiums without deduction for
commissions or other expenses less 66
99551 for reinsurance on renewals 12795919 39
14 Dividends applied to pay renewal pre
miums 1120430 64
15 Surrender values applied to pay renewal
premiums 20564 24
16 Renewal premiums for deferred annuities 9037 14
17 Total renewal premiums 13945951 41
18 Total premium income 16220551 62
19 Consideration for supplementary contracts not involving
life contingencies 280828 58
22 Gross interest on mortgage loans 1931427 29
23 Gross interest on collateral loans 97834 44484
CompteollebGenebals Eepoet
24 Gross interest on bonds and dividends on
stocks less 5366669 accrued interest
on bonds acquired during 1908 1605600 36
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
28 Gross discount on claims pail in advance
29 Gross rent from companys property in
cluding 4780000 for companys occu
pancy of its own buildings 148 621 90
32196 08
31949 36
15608 05
3312 64
30 Total gross interest and rents
31 Prom all other sources viz Bonuses on collateral loans
1123847 commission on mortgage 1500 suspended
bank dividend 54666 total
37 From agents balances previously charged off
38 Gross profit on sale or maturity of ledger assets viz
Real estate 50000 bonds 2804565 total
4566550 12
13285 13
118 20
28545 65
40 Total income 21109879 30
IIIDisbursements
1 For death claims less 67000 reinsur
ance 428622238 additions 31225 4317447 38
2 For matured endowments 115147898
additions 3355100 1185029 98
10
11
13
14
Net amount paid for losses and matured endowments i
For annuities involving life contingencies
Premium notes and liens voided by lapse less 721811
restorations
Surrender values paid in cash or applied in liquidation
of loans or notes
Surrender values applied to pay new premiums 216205
to pay renewal premiums 2056424
Surrender values applied to purchase paidup insurance
and annuities
Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup additions and an
nuities
Total paid policyholders 9013394 39
Expense of investigation and settlement of policy claims
including 394161 for legal expense
5502477 36
266774 07
65790 56
22726 29
238362 86
237797 25
1120430 64
125527 41
6062 77CompteolleeGeneeals Bepoet 485
15 Paid for claims on supplementary contracts not involving
167329 79
life contingencies
18 Commissions to agents less commission on reinsurance
First years premiums 72638058 renewal premiums
85909570 annuities original 1229679 renewal
57204 total W JJ
19 Commuted renewal commissions
20 Salaries and allowances for agencies including managers
108768 26
agents and clerks
21 Agency supervision traveling and all other agency ex
11783 76
penses
22 Medical examiners fees 11240505 inspection of risks
1200254 total 124407 59
23 Salaries and all other compensation of officers directors
trustees and home office employees 349153 54
24 Rent including 4780000 for companys occupancy of
its own buildings
25 Advertising 2146234 printing and stationery 35
36618 postage telegraph telephone and express 49
31936 exchange 685 total 106154 73
26 Legal expense
27 Furniture fixtures and safes y8
28 Repairs and expenses other than taxes on real estate 68841 10
30120 05
29 Taxes on real estate
30 State taxes on premiums 14V 7a
31 Insurance department licenses and fees 14175
32 All other licenses fees and taxes give
items and amounts
33 Municipal licenses 10288 55
34 Compulsory advertising affidavits etc 1081 95
35 Taxes on investments 213516 68
224887 18
Total
36 Other disbursements give items and
amounts
37 Home office expenses 5628 13
38 Loss on mortgage etc 485 00
m 56769 13
Total 7 846 70
43 Agents balances charged off
44 Gross loss on sale or maturity of ledger assets viz
165 00
Real estate
45 Gross decrease by adjustment in book value of ledger
o j 492153 30
assets viz Bonds
46 Total disbursements 12802625 32
IVLedger Assets
1 Book value of real estate K5I2 It
2 Mortgage loans on real estate first liens dyd40Odi a486
ComptrollerGenerals Eepokt
3 Loans secured by pledge of bonds stocks or other cob
lateral
2426892 56
4 Loans made to polieyholders on this companys policie
assigned as collateral 12 727 957 00
5 Premium notes on policies in force of which 1843970
is for first years premiums 1991548 61
6 Book value of bonds 3733757166 and stocks 403
52612 total 37741097 78
7 Cash m companys office 5 gg2 30
9 Deposits in trust companies and banks on interest 566453 11
10 Bills receivable 29773873 agents licenses debit 10
74521 credit 9556 net 1064965 total 3083S8 38
11 Bills receivable for premiums 103 489 44
12 Total ledger assets 97372932
NonLedger Assets
13 Interest accrued on mortgages 621 576 05
14 Interest accrued on bonds 570 740 59
15 Interest accrued on collateral loans 22330 50
16 Interest due 388386 and accrued
91569 on premium note3 policy loans
or liens
17 Interest due 17750 and accrued 2
27673 on other assets
18 Bents due 157878 and accrued 47833
on companys property or lease
33
4799 55
2454 23
2057 11
19 Total interest and rents due and accrued 1003 953 03
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 1190447 73
24 Gross deferred premiums
on policies in force De
cember 31 1908 81078 24 1039700 79
25 Totals 81j078 24 2230148 52
26 Deduct loading
17188 59 472791 49
27 Net amount of uneollected
and deferred premiums 63889 65 1757357 03
28 All other assets viz Checks for annuities issued in
advance but not delivered
29 Secured profits on real estate under contracts of sale
33 Gross assets
1821246 68
135 83
2950 00
100426222 87ComptbolleeGeneeals Eepoet 487
Deduct Assets not Admitted
36 Agents debit balances 10745 21
37 Cash advanced to or in the hands of of
ficers or agents all to agents 297738 73
38 Bills receivable for premiums 103489 44
40 Book value of ledger assets over market
value viz Bepreeiation in value of
bonds and stocks 291846 23
Total 703819G1
43 Admitted assets 22403 26
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of Be
cember 1908 as computed by the Penna
Ins Bept 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 Jan 1st 1901 49138648 00
2 American Experience table at 3 per
cent on all life business issued since
Jan 1st 1901 and prior to May 1st 1902 8808710 00
3 American Experience table
at 3 per cent on all life
business issued since May
1st 1902 19424808 00
Same for reversionary ad
ditions 1129934 00
Total 20554742 00
5 Net present value of annuities including
those in reduction of premiums viz
McClintocks 3 table 2954416 00
Total 81456516 00
6 Beduct net value of risks of this company
reinsured in other solvent companies 136808 00
81319708 00
8 Net reserve v
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary
12 Claims for death losses in process of ad
justment or adjusted and not due 448440 68
Matured credits awaiting proof 31252 00
1796522 00488
ComptrollerGenerals Report
15 Claims for death losses and other policy
claims resisted by the company
7510 00
17 Total policy claims 487 202 68
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
26 Medical examiners and legal fees due or accrued
27 State county and municipal taxes due or accrued
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment of renewal premiums or
otherwise
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1909
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 6 618 527 35
35 Reserve or surplus funds not otherwise included in lia
bilities viz Trust deposits 656200 special 3
reserve 190564000 total i 912 202 00
39 All other liabilities viz Unassigned funds surplus 3472033 37
50468 72
433299 98
31533 87
11683 00
515501 79
230590 06
2600000 00
243130 44
46 Total liabilities
99722033 26
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State in
force December 31 of previous year14385 26751724 00
13 Policies on the lives of citizens of said State
issued during the year 1208 2925465 00
14 Total 15593 29677 189 00
15 Deduct ceased to be in force during the year 2052 3 712 807 00
16 Policies in foTce December 31 13541 25964382 00
17 Losses and claims unpaid December 31 of pre
Tious year 6 11500 00
IS Losses and claims incurred during the year 131 275 292 68
19 Total
20 Losses and claims settled during the year in
137
286792 68
cash
126 259792 68
21 Losses and claims unpaid December 31 11 27 000 00ComptrollerGenerals Beport
489
22 Premiums collected or secured in cash and notes or credits
without any deductions for losses dividends commis
sions or other expenses
811177 07
PHOENIX MUTUAL LIFE INSURANCE COMPANY OF CONNECTICUT
Home Office 49 Pearl Street Hartford Connecticut
John M Holcombe President Silas H Cornwell Secretary
Charles S Northen Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 23226408 70
4 Extended at 23226408 70
IIIncome
5 First year a premiums on original policies
without deduction for commissions or
other expenses less 1097672 for first
years reinsurance 453857 97
6 Surrender values applied to pay first years
premiums 2566 80
7 Total first years premiums on original
policies 456424 77
8 Dividends applied to purchase paidup
additions and annuities 115536 00
9 Surrender values applied to purchase paid
up insurance and annuities 82883 00
10 Consideration for original annuities in
volving life contingencies 15324 00
11 Consideration for supplementary contracts
involving life contingencies 13988 00
12 Total new premiums 684155 77
13 Renewal premiums without deduction for
commissions or other expenses less 32
79161 for reinsurance on renewals 3201246 79
14 Dividends applied to pay renewal pre
miums 318208 83
15 Surrender values applied to pay renewal
premiums 10957 06
17 Total renewal premiums 3530412 68
18 Total premium income 4214568 45
32ins490 ComptrollerGenerals Eeport
19 Consideration for supplementary contracts not involving
life contingencies 6 500 00
20 Dividends left with the company to accumulate at interest 38895 38
22 Gross interest on mortgage loans 740387 29
24 Gross interest on bonds and dividends on
stocks less 333247 accrued interest
on bonds acquired during 1908 277235 52
25 Gross interest on premium notes policy
loans or liens 141898 40
26 Gross interest on deposits in trust com
panies and banks 12 281 41
27 Gross interest on other debts due the
company 294 76
28 Gross discount on claims paid in advance 634 85
29 Gross rent from companys property in
cluding 1000000 for companys occu
pancy of its own buildings 42432 48
30 Total gross interest and rents 1215 164 71
31 From other sources viz Guarantee of mortgage loans
1663 receivers dividend Mercantile National Bank
Hartford Conn 33750 total 354 13
37 From agents balances previously charged off 6973 08
38 Gross profit on sale or maturity of ledger assets viz
Bond 50 00
39 Gross increase by adjustment in book value of ledger
assets viz Bonds 1 989 00
40 Total income 5484494 75
IIIDisbursements
1 For death claims 123207880 addi
tions 1049237 124257117
2 For matured endowments 25736600
additions 1278335 270149 35
3 Net amount paid for lossesand matured endowments 1512720 52
4 For annuities involving life contingencies 12 632 32
5 Premium notes and liens voided by lapse less 18000
restorations 343 02
6 Surrender values paid in cash or applied in liquidation
of loans or notes 401 612 02
7 Surrender values applied to pay new premiums 256680
to pay renewal premiums 1095706 13 523 86
8 Surrender values applied to purchase paidup insurance
and annuities 82883 00
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 9 441 ig
10 Dividends applied to pay renewal premiums 318208 83
11 Dividends applied to purchase paidup additions and an
nuities 115536 00
ComptrollerGenerals Report
12 Dividends left with the company to accumulate at int
13 Total paid polieyholders 2506096 11
14 Expense of investigation and settlement of policy claims
including 6150 for legal expense
15 Paid for claims on supplementary contracts not involving
life contingencies
16 Dividends held on deposit surrendered during the year
515227 with interest thereon 18033 total
18 Commissions to agents less commission on reinsurance
First years premiums 21300394 renewal premiums
18185392 annuities original 54120 total
19 Commuted renewal commissions
20 Salaries and allowances for agencies including managers
agents and clerks
21 Agency supervision traveling and all other agency ex
penses
22 Medical examiners fees 3284145 inspection of risks
487582 total
23 Salaries and all other compensation of officers directors
trustees and home office employees
24 Kent including 1000000 for companys occupancy of
its own buildings
25 Advertising 617257 printing and stationery 29
48189 postage telegraph telephone and express
870897 exchange 2725 total
26 Legal expense
27 Furniture fixtures and safes
28 Repairs and expenses other than taxes on real estate
29 Taxes on real estate
30 State taxes on premiums
31 Insurance department licenses and fees
32 All other licenses fees and taxes viz Franchise tax
5608335 tax on reserves 233471 municipal licenses
fees and taxes 148688 advertising 70715 bonds
State treasurers and notary fees 17085 total
36 Other disbursements viz Miscellaneous expenses 6
74685 home office traveling expenses 228528 fore
closure expenses 16752 total
43 Agents balances charged off
44 Gross loss on sale or maturity of ledger assets viz
Real estate 145000 bonds 66750 total
45 Gross decrease by adjustment in book value of ledger
assets viz Bonds
491
38895 38
441 64
4857 67
5332 60
395399 06
453 17
120291 54
11325 37
37717 27
131186 16
11642 28
44390 68
2081 47
8183 14
21520 44
4543 46
43408 60
5897 71
60782 94
9199 65
4299 87
2117 50
5480 83
46 Total disbursements 3436649 16
IVLedger Assets
1 Book value of real estate 508406 03
2 Mortgage loans on real estate 15035407 00492
ComptkollebGenekals Repokt
4 Loans made to polieyholders on this companys policies
assigned as collateral 2661948 82
5 Premium notes on policies in foree 132895 79
6 Book value of bonds 602496972 and stocks 361
89000 total 6386859 72
7 Cash in companys office 614 26
9 Deposits in trust companies and banks on interest 548122 67
12 Total ledger assets 25274254 29
NonLedger Assets
13 Interest due 897118 and accrued
27968900 on mortgages 288660 18
14 Interest due and accrued on bonds 49970 31
16 Interest due on premium notes policy
loans or liens 11339 87
19 Total interest and rents due and accrued
21 Market value of bonds and stocks over book value
349970 36
424 88
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 39677 64 181244 49
E4 Gross deferred premiums1
on policies in force De
cember 31 1908 35414 00 200707 41
25 Totals
26 Deduct loading
75091 64 381J951 90
18080 26 83236 26
27 Net amount of uncollected
and deferred premiums 57011 38 298715 64
355727 02
33 Gross assets 25980376 55
Deduct Assets Not Admitted
39 Premium notes and loans on policies and net premiums
in excess of the net value of their policies 8 317 00
43 Admitted assets 25972059 55
VLiabilities
Net present value of all the outstanding policies in foree on
the 31st day of December 1908 as computed by the
company on the following tables of mortality and rates
of interest viz
ComptrollerGenerals Kepobt
493

1 Actuaries table at 4 per cent on policies issued prior
to Jan 1 1901 1623522100 same for reversionary
additions 55032400 total 16785545 00
2 American Experience table at 3 per cent on non
participating policies issued for years 19011906 inclu
sive same for reversionary additions 912472 00
3 American Experience table at 3 per cent on participating
policies issued after Jan 1 1901 and all 1907 and
1908 issue and extended insurance 624806100 same
for reversionary additions 16984000 total 6417901 00
5 Net present value of annuities including those in reduc
tion of premiums Give tables and rates of interest
viz Combined experience 4 per cent to Dec 31 1900
4500500 N Y Life Annuity Table 3 per cent for
years 19011906 inclusive 4908800 McClintocks
Annuity Table 3 per cent 19078 issue 2998200
total 124075 0Q
Total 24239993 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 128820 00
8 Net reserve
24111173 00

9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company on interest basis of 3 per cent
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
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 esti
mated
22275 00
21777 00
2690 00
40000 00
17 Total policy claims
19 Dividends left with the company to accumulate at inter
est 5674931 and accrued interest thereon 255369
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
24 Cost of collection on uncollection and deferred prem
iums in excess of the loading thereon new business
26 Medical examiners and legal fees due or accrued
27 State county and municipal taxes due or accrued
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportioned to annual divi
42690 00
59303 00
49473 00
69590 00
15713 00
3406 00
43408 00
40119 00494 ComptbollebGenebals Eepoet
dend policies payable to policyholders during 1909
whether contingent upon the payment of renewal pre
miums or otherwise 165 194 oq
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1909 33747 00
34 Amount set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies 129 004 00
35 Reserve or surplus funds not otherwise included in lia
bilities viz Reserve for paidup option 10000 00
45 Unassigned funds surplus 1 155 187 55
46 Total liabilities 25972059 55
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State
in force December 31 of previous year 879 1940088 00
13 Policies on the lives of citizens of said State
issued during the year 43 156974 00
14 Total 922 2097062 00
15 Deduct ceased to be in forco during the year 87 205 408 00
16 Policies in force December 31 835 1891 654 00
18 Losses and claims incurred during year 8 20 753 00
20 Losses and claims settled during the year in
cash 16653 by compromise 4100 S 20753 00
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
5531793
RELIANCE INSURANCE COMPANY OP PITTSBURGH PENN
James H Reed President H G Scott Secretary
Principal Office Fifth Ave and Woods St Pittsburgh Pa
J H Pearce Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets December
31 of previous year 2410701 23
Extended at 241070123CompteollebGeneeals Eepoet
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for p commissions
or other expenses 161389 75
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses
2V2 Premium notes loans or liens taken in
part payment for renewal premiums
5 Consideration for annuities other than
matured installment policies
495
257196 69
146864 53
2363 00
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 136381
renewals 756915 total
567813 97
1932 96
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
18 Interest on deposits in banks
19 From all other sources
Total income
558881 01
24169 36
75879 82
5669 59
815 74
6556 12
437 88
672409 52
HIDisbursements for the Tear
1 Cash paid for death claims including re
visionary additions
2 Premium notes loans or liens used in pay
ment of the same
9617 47
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens voided by lapse
10 Cash dividends paid policy holders
13 Surrender values paid in cash
Total paid policyholders 184327 17
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 10047901
renewals 2060450 total
113493 95
350 00
2113 92
1526 68
66842 62
121083 51496
CompteollekGenebals Eepobt
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1860642 in
spection of risks 330275 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
22 Cash paid for taxes on capital stock
23 Cash paid for insurance department fees and agents
and municipal licenses
24 Cash paid for rent
25 Cash paid for commuting commissions
26 Cash paid for furniture fitxures and safes for home and
agency offices
27 Cash paid for advertising 459176 printing 1119309
postage telephone telegraph and express 449138
28 Cash paid for legal expenses
Cash paid for the following items viz Agency super
vision traveling and agency expenses 2010560 li
brary 25533 photographic supplies 27850 general
expense 222103 loss on matured bonds 221363
agents balances charged off 230980 total
29
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys oftfice
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
7048 02
21909 17
30764 72
7459 05
7000 00
8549 30
13127 72
338 28
2830 28
20276 23
4430 83
27383 89
30 Total disbursements 4gg gpg
IVAssets as Per Ledger Accounts
497900 00
70427 79
114484 24
1749737 75
3540 72
112753 49
16451 96
61286 63
13 Total net or ledger assets 2 626 582 58
Other Assets
14 Interest due 60000 and accrued 7
84244 on mortgages 442 44
15 Interest accrued on bonds and stocks 29214 08
Total carried out
37656 52
New Business Renewal
23 Gross premiums Hue andComptrolleeGeneeals Report
unreported on polieies in
497
force December 31 1908
24 Ghtoss deferred premiun
on policies in force De
cember 31 1908
368 97 104497 42
12704 17 18598 75
Totals
25 Deducting loading 20 per
cent on new
13073 14
2614 63
123096 17
24619 23
26 Net amount of uncollected
and deferred premiums 10458 51 98476 94
27 Furniture fixtures and safes
28 Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and safes
5 Agents balances
7 Bills receivable
13140 00
61286 63
16451 96
108935 45
13140 00
2786314 55
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 1908 computed according to The
American Experience with three per
cent interest 1105848 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 4213 00
90878 59
2695435 96
Net reinsurance reserve
8 Present value of unpaid amounts on matured installment
polieies face 383500
12 Commissions due to agents on premium notes when paid
14 Medical examiners and legal fees due and accrued
16 Amount of any other liability of the company viz
Premiums paid in advance
Capital stock 100000000 unassigned funds or sur
plus 57855031 total
1101635 00
3835 00
5724 21
3825 53
1865 91
1578550 31
19 Totalliabilities 2695435 96498 ComptrollerGenerals Beport
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 855 1216720 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 349 622750 00
Total 1204 1839470 00
Deduct number and amount which have ceased to
be in force during the year 169 241603 00
Total number and amount of policies in force
in Georgia December 31 1908 1035 15978 67
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 3 000 00
Amount of losses and claims on policies in Georgia
incurred during the year 7 13500 00
TotaI 9 16500 00
Amount of losses and claims on policies in Georgia
paid during the year 9 16500 00
Amount of premiums collected or secured in Georgia
during the year 6085269
BESEBVE LOAN LIFE INSUEANCE CO OF INDIANAPOLIS IND
Chalmers Brown President w K Bellis Secretary
Principal Office Odd Fellow Bldg Indianapolis Ind
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 1758456 21
Extended at 1758456 21
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 57552 71
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 308393 06
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies 8070 20CompteollebGenebals Eepobt
499
2 Premium notes loans or liens taken in
part payment for renewal premiums
3 From dividends applied to pay running
premiums
4 From surrender values applied to pay run
ning premiums
4 From surrender values applied to pur
chase paidup insurance and annuities
30811 43
280 09
158 83
16677 12
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
17 Premium notes loans or liens restored by revival of pol
icies
19 From all other sources viz Survivorship dividends
Total income
IIIDisbursements for the Year
421943 44
29920 05
412 00
51734 58
1776 88
9604 00
380 oe
515770 95
1 Cash paid for death claims including re
visionary additions
2 Premium notes loans or liens used in pay
ment of the same
53622 62
8131 73
7 Total net amount actually paid for losses and matured
endowments
9 Premiums notes loans or liens voided by lapse
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
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 248433 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 4259792
renewals 2840306 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 782250 in
spection of risks 68600 total
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
61754 35
3309 30
50 00
230 09
166253 31
158 83
16677 12
71000 98
23719 16
8508 50
47912 00500
ComptrollerGenerals Eeport
21 Cash paid for taxes on new premiums 209613 on re
newals 114389 total
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents li
censes 421306 municipal licenses 1250 total
24 Cash paid for rent including 583221 companys occu
pancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 176517 printing 603481
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postagetele
graph telephone and express
Investment expense 645 miscellaneous expenses 1
54493 total
Total miscellaneous expenses 4 246 67
3240 02
399 46
4225 56
5832 21
2469 64
7799 9S
1367 46
2695 49
1551 3S
30 Total disbursements
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate j
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 1084280 was received during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances of which 241569 was ad
vanced during the year
429154 84
706838 21
1006203 85
17048 09
11008 00
2506 38
81156 43
20311 36
11 Total net or ledger assets as per balance above
12 Deduct depreciation from cost of assets to bring same
to market value
13 Total net or ledger assets less depreciatic
Other Assets
1845072 32
553 00
1844519 32
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
17 Interest due on premiums notes loans or
liens
18 Interest accrued onother assets
9098 50
202 00
3310 06
1257 92
Total carried out
13868 48
CompteolleeGeneeals Eepoet 501
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 30325 74 12965 42
24 Gross deferred premiums
on policies in force De
cember 31 1908 14084 17
TotalS 30325 74 27049 59
25 Deducting loading actual 20535 44 5703 63
26 Net amount of uncollected a
and deferred premiums 9790 30 21345 96 31136 26
28 Total assets as per the books of the company 1896024 06
Items Not Admitted
2 Furniture fixtures and safes 6500 00
5 Agents balances 60268 secured 19708 68
6 Premium notes and liens and net pre
miums in excess of reserve 6763 17
Total 3297185
9 Total assets less items not admitted 1863052 21
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American three
and onehalf per cent 1691240 57
1691240 57
Net reinsurance reserve v
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 12000 00
12000 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 407 U
12 Amount of national State or other taxes AU87
13 Amount due on account of salaries rents and office ex
11ZU Do
penses
16 Amount of any other liability of the company viz
premiums paid in advance52 ComptbollebGtenebals Kepobt
Unearned interest 2505566 commissions due agents
28868 due medical examiners 100800 total 26352 34
17 Liabilities on policyholder s account 1737 863 40
18 Gross surplus on policyholders account isslSS 81
19 Total liabilities 1863052 21
Business in the State of Georgia During the Year
tvt t No Amount
dumber and amount of policies on the lives of citi
zens of Georgia in force Decmeber 31 of pre
vious year 38 538 330 0Q
dumber and amount of policies on the lives of citi
zens of Georgia issued during the year 30 68 037 00
zens of Georgia in force December 31 of pre
TV 338 606367 00
lcduet number and amount which have ceased to
be in force during the year 103 a84000 00
Total number and amount of policies in force in
Georgia December 31 1908 235 422 367 00
Amount of losses and claims on policies in Georgia
incurred during the year 6 u
Amount of losses and claims on policies in Georgia
paid during the year 6 14000 00
Amount of premiums collected or secured in Georgia
during the year in cash 1124205 notes or
credits 76952 total 1201157
THE RIDGELY PROTECTIVE ASSOCIATION OF WORCESTER MASS
Francis A Harrington President Albert L Pratt Secretary
Principal Office 518 Main St Worcester Mass
Ralph J Winters Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets December
31 of previous year 244911 76
Extended at A
244911 76
IIIncome During the Year
1 Cash received for premiums on new poli

ComptrollerGenerals Report 503
eies without deductions for commissions
or other expenses 22682146
Total 22682146
lota 4J
7 Total premium income
9 Gross interest on bonds owned less 124116 accrued in
terest on bonds acquired during 1908 4884 12
10 Cash received for interest on deposits in trust companies
and banks
19 From all other sources viz Policy fees represented by
applications 1976200 advance premiums 154190
Discount interest on deposits for purchase of bonds
8 89 gross profit on sale of ledger assetsbonds
73550 total roj
257688 30
Total income
IIIDisbursements for the Year
1 Cash paid for death accident and health
claims including revisionary additions 132313 78
Total 132313 78
7 Total net amount actually paid for losses and matured
132313 78
endowments
17 Cash taid for commissions and bonuses to agents less
XI Kjaau Ja 19151 pfi
commission on reinsurance renewals io
18 Cash paid for salaries and allowances to managers and
21672 55
agents
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 44295 12
01 1 09
21 Cash paid for taxes on new premiums
23 Cash paid for insurance department fees and agents li
1829 75
censes
1206 o0
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
328 94
agency offices
27 Cash paid for advertising 102618 printing 300314 409 il
28 Cash paid for legal expenses
29 Cash paid for the following items viz Investigation
and adjustment of claims 316805 tax care and cus
tody of deposits treasurer and receiver general of
Mass 2303 tax and fee capital stock 177000
postage express and telegraph 365243 gross de
crease in book value of ledger assets bonds 388775
miscellaneous 67062 total 13171 8
233561 82
30 Total disbursements 504
ComptrollerGenerals Report
IVAssets as Per Ledger Accounts
6 Book value of bonds owned
8 Cash deposited in banks
164012 75
105025 49
13 Total net or ledger assets 269 038 24
Other Assets
15 Interest accrued on bonds and stocks 2 278 29
Total carried out d
21 Market value of bonds and stocks over book value
23 Gross premiums due and unreported on policies in force
December 31 1908 renewals
28 Total assets as per the books of the company
Items Not Admitted
8 Gross premiums in course of collection prior to Octobe
1 1908
9 Total assets less items not admitted
VLiabilities
5 Claims for death accident and health
losses and matured endowments in pro
cess of adjustment or adjusted and not
due
22862 04
Total policy claims
12 Amount of national State or other taxes due or accrued
13 Amount due on account of salaries rents and office ex
penses accounts
16 Amount of any other liability of the company viz
Premiums paid in advance 1834 gross premiums upon
all unexpired risks running one year or less from date
of policy 64279 pro rata onesixth 1071317 com
mission and other charges due agents on policies issued
on or after October 1 1908 2382 policy fees due
agents 300 total
17 Liabilities on policyholders account
18 Gross surplus on policyholdeis account
19 Total liabilities
2278 29
3766 00
45 49
275128 02
7 97
275120 05
22862 04
4272 94
270 74
12573 99
39979 71
235140 34
275120 05CompteollebGenebals Eepoet
505
SECUEITY LIFE INSURANCE COMPANY OF AMERICA
W O Johnson President C A Goodale Secretary
Principal Office The Rookery Chicago 111
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
Amount of net or ledger assets December
31 of previous year 1579545 79
Increase of eapital during 1908 7440 00
Extended at 1586985 79
416324 85
307175 60
14 56
1154 67
80 08
299 58
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
iy Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied to pay running
premiums
4 From surrender values applied to pay run
ning premiums
4y2 From surrender values applied to pur
chase paidup insurance
5 Renewal premiums for health insurance
Total 725049 34
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 101241
renewals 481887 totalI 5831 28
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
17 Unapplied premiums
18 Surplus from sale of capital stock
719218 06
15407 80
16305 32
12984 23
25984 69
6 08
390 00
33inf506
ComptrollerGenerals Eeport
19 From all other sources viz Suspense account 14651
Gale account 75 furniture and fixtures 750000
Total income
7547 26
797943 44
9
10
11
13
14
17
18
19
20
21
22
23
24
25
26
27
28
29
IIIDisbursements for the Year
Cash paid for death claims including re
visionary additions 78198 73
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 policy holders
Cash dividends applied to pay running premiums
Surrender values paid in cash
Surrender values applied to pay running premiums
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 28259026
renewals 1399800 total
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1773797 inspec
tion of risks 429934 total
Cash paid for salaries and all other compensation of of
ficers and other home office employees
Cash paid for taxes on new premiums
Cash paid for taxes on investments
Cash paid for insurance department fees and agents
licenses 543325 municipal licenses 25683
Cash paid for rent less 235744 received under sublease
Cash paid for commissions on board contracts
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 15712 printing 527526
postage telegraph telephone express and exchange
364750
Cash paid for legal expenses
Cash paid for the following items viz Expense on policy
claims 111077 health indemnity 2143 fidelity
bonds 18250 office and incidental exp 186063
bills receivable void by cancelled policies 48698 paid
on Munich reinsurance contract 45845 gross loss on
sale of bonds 5467 total miscellaneous expenses
30 Total disbursements
IVAssets as Per Ledger Accounts
2 Loans on mortgage first liens on real estate
78198 73
587 22
2836 49
1119 31
14 56
31241 69
1154 67
296588 26
10018 58
22037 31
46497 41
13135 18
62 40
5690 08
14027 S6
15049 39
1209 85
10492 88
467 00
4175 43
554604 30
280699 00CompteolleeGeneeals Eepoet
507
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 39583 was received during the year
5 Assets special
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
7 Paving certificates
8 Cash deposited in banks
8 Furniture and fixtures
9 Bills receivable
10 Agents ledger balances
Advanced dividend loans
First year lien notes
13 Total net or ledger assets less depreciation
Other Assets
166700 00
39840 22
12067 97
252672 35
509063 24
5504 44
645 59
47991 16
7500 00
11622 08
81760 97
310075 36
104182 55
1830324 93
14 Interest accrued on mortgages
15 Interest due 222750 and accrued 9
69720 on bonds
16 Interest accrued on collateral loans
17 Interest accrued on premiums notes loans
or liens
18 Interest accrued on other assets
Total carried out
21 Market value of bonds and stocks over cost
4345 96
11924 70
2289 28
100 00
1000 00
19659 94
672 75
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 49022 93 131317 50
24 Gross deferred premiums
on policies in force De
cember 31 1908 1707 96 15306 72
Totals 50730 89 146624 22
25 Deduct loading actual 37614 96 13302 78
26 Net amount of uncollected
and deferred premiums 13115 93 133321 44
146437 37
28 Total assets as per the books of the company508
ComptrollerGenerals Eeport
Items Not Admitted
2 Furniture fixtures and safes 7500 00
5 Agents balances 82060 47
6 Loans on personal security endorsed or
nt 500 00
7 Bills receivable n 622 08
8 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 78913 29
Total 180595 84
9 Total assets less items not admitted 1816 499 15
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to
The Actuaries Table of Mortality with
four per cent interest Virginia Ins
Dept 3 838675 79
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 4674 00
Net reserve 834001 79
3 Claims for death losses due and unpaid 2000 00
Claims for death losses which have been
reported and no proofs received 15078 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 5000 00
6 Claims for death losses and other policy
claims resisted by the company 11000 00
Total policy claims
Commissions to agents due or accrued
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office ex
penses
Medical examiners fees due or accrued
16 Amount of any other liability of the company viz
Premiums paid in advance 6 08
Board Contracts 1909 apportionment 1198700 Mun
ich reinsurance fund 17355 guaranteed deferred divi
dend due 2193 total 12 182 48
17 Capital stock paidup 500000 00
33078 00
676 04
13959 00
298 66
1100 00
ComptrollerGenerals Beport 509
18 Unassigned funds surplus 421197 10
19 Total liabilities 1816499 15
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 26 88000 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 22 33000 00
Total 48 121000 00
Deduct number and amount which have ceased to
be in force during the year 25 71000 00
Total number and amount of policies in force
in Georgia December 31 23 50000 00
Amount of premiums collected or secured in Georgia
during the year 116851
SECURITY LIFE AND ANNUITY COMPANY OF GREENSBORO N C
J Van Lindley President George A Grimsley Secretary
Principal Office 119 South Elm St Greensboro N C
G A Rankin Macon Attorney for Service in Georgia
ICapital Stock
1 Amount of guaranty capital 100000 00
Amount of net or ledger assets December
31 of previous year 418731 39
f 518731 39
Extended at
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 90811 11
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 310169 77
4y2 From surrender values applied to pur
chase paidup insurance and annuities 63 47
Total 401044 35
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in510
CompteollebGenebals Eepoet
this company new business 92455 re
newals 147309 total 2397 64
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
13 Cash received for rents for use of companys property
including 120000 for companys own occupancy
18 Collateral loans
19 From all other sources viz Ldg 37544 interest on
bank deposit 59027 total
Total income
398646 71
8575 33
1025 83
5544 29
3310 75
4313 96
965 71
422382 58
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions
5 Cash paid for sums falling due during the
year on installment policies
64819 19
10062 44
Total 74881 63
7 Total net amount actually paid for losses and matured
endowments 74881 63
8 Cash paid to annuitants 150 00
9 Premium notes loans or liens voided by lapse 836 79
10 Cash dividends paid polieyholders 131 21
13 Surrender values paid in cash of this amount 5409 is
the commuted value of the future installments under a
supplementary contract 15 190 93
15 Surrender values applied to purchase paidup insurance
and annuities 63 47
Total paid polieyholders 91254 03
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 5920159
renewals 2121346 total 80415 05
18 Cash paid for salaries and allowances to managers and
agents 2446 00
19 Cash paid for medical examiners fees 978345 in
spection of risks 149800 total n 281 45
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 19 648 90
21 Cash paid for taxes on new premiums and renewals 1 426 39
22 Cash paid for taxes on investments 367 17
23 Cash paid for insurance department fees and agents li
censes 2851 06CompteolleeGenebals Repobt
511

24 Cash paid for rent including 120000 companys occu
pancy
27 Cash paid for advertising 119640 printing 126829
general expense 420164 total
28 Cash paid for real estate expenses other than taxes
12319 for legal expenses 55000 total
29 Cash paid for the following items viz Traveling
78508 loss on City National Bank 12560 total
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all ineumbrances
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 oftice
8 Cash deposited in banks
10 Agents ledger balances
Guaranty fund
Furniture and fixtures
13 Total net or ledger assets
Other Assets
14 Interest due 54250 and accrued 2
22478 on mortgages
15 Interest accrued on bonds and stocks
16 Interest due 23750 and accrued 53119
on collateral loans
17 Interest due 79834 and accrued 68414
on premiums notes loans or liens
18 Interest due 12600 and accrued 22300
on other assets
19 Rents due on companys property or lease
2767 28
295 55
768 69
1482 48
349 00
82 00
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
Renewals
23 Gross premiums due and unreported on
policies in force December 31 1908 13592 64
1200 00
6666 33
673 19
13345 08
231574 65
45023 84
228850 00
85690 00
52987 04
45513 53
67170 12
468 79
68932 04
12812 28
100000 00
2091 68
709539 32
5745 00
9099 35
39 88512 CompteollebGeneeals Eepoet
24 Gross deferred premiums on policies in
force December 31 14 437 26
Total 28029 90
25 Deducting loading 15 per cent 4 204 49
26 Net amount of uncollected and deferred
premiums 23825 41 23825 41
28 Total assets as per the books of the company 748 248 96
Items Not Admitted
2 Furniture fixtures and safes 2091 68
5 Agents balances 12 812 28
7 Battle note less proceeds of building stock 2843 20
Total 17747 16
9 Total assets less items not admitted 730 501 80
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and Amer 3 440720 00
Deduct net value of risks of this com
pany reinsured in other solvent com
Panies 1291 00
Net reinsurance reserve 439 429 qq
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 2 757 32
6 Claims for death losses and other policy
claims resisted by the company 13500 00
8 Present value of unpaid amounts on ma
tured installment policies 29 544 00
Total policy claims 45801 32
12 Amount of national State or other taxes due 919 59
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz
Premiums paid in advance 393101 annuities 2608CompteolleeGteneeals Eepoet 513
unearned interest 81790 commissions 137703 an
nuity fund 11211499 total 120848 93
17 Liabilities on policyholder s account 607618 84
18 Gross surplus on policyholders account 122882 96
19 Total liabilities 730501 80
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of cit
zens of Georgia in force December 31 of pre
vious year 292 613810 00
Number and amount of policies on the lives of cit
zens of Georgia issued during the year 248 509500 00
Total 540 1123310 00
Deduct number and amount which have ceased to
be in force during the year 202 408300 00
Total number and amount of policies in force
in Georgia December 31 338 7150010 00
No Amount
Amount ot losses and claims on policies in Georgia
unpaid December 31 of previous year 1 5000 00
Amount oi losses and claims on policies in Georgia
incurred during the year 2 11500 00
Total 3 16500 00
Amount of losses and claims on policies in Georgia
paid during tne year 11500 00
Amount of premiums collected or secured in Geor
gia during the year in cash 3876659
SECURITY MUTUAL LIFE INSURANCE COMPANY OF BING
HAMPTON NEW YOEK
Fredric William Jenkins President Ohas A LaDue Secretary
Principal Office Cor Court and Exchange Sts Binghampton NY
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 465o204 10
Extended at 4655204 10514
Comptroller Generals Eeport
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 87929 64
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 1397932 40
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 premium
3 Prom dividends applied to pay running
premiums
3 From dividends applied to purchase
paidup additions and annuities
4 Prom surrender values applied to pay run
ning premiums
4 From surrender values applied to pur
chase paidup insurance and annuities
18 61
5065 55
24122 19
3576 66
710 98
8168 77
Total 1527524 80
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 255 76
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
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 1532500 for companys own occupancy
17 Premium notes loans or liens restored by revival of pol
icies
19 From all other sources viz Adjustment account R E
1634891 consideration supplementary contracts etc
28100 00 miscellaneous 83007 total
1527269 04
25229 25
52997 00
93086 41
11673 48
2340 00
51109 20
579 71
45278 98
Total income
1809563 07
HIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 578 070 78CompteolleeGeneeals Bepoet
515
2 Premium notes loans or liens used in pay
ment of the same
5 Cash paid for sums falling due during the
year on installment policies
560 24
8971 76
Total 587602 78
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 101159 voided by lapse 170999
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
Dividends left to accumulate
Total paid policyholders 832800 54
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 3743667
renewals 8897569 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 870665 in
spection of risks 357962 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
22 Cash paid for taxes on investments real estate
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent including 1532500 companys occu
pancy less 144665 received under sublease
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 310042 printing 457250
general office expenses 1358460 total
28 Cash paid for real estate expenses other than taxes
1590469 for legal expenses 477581 total
29 Cash paid for the following items viz All other dis
counts
Total miscellaneous expenses
53707576
587602 78
292 57
2721 58
7235 99
24122 19
3576 66
198187 33
710 98
8168 77
181 69
30 Total disbursements
126412 36
53568 42
12286 27
87645 34
21686 72
7752 77
4476 99
25182 36
9558 93
21257 52
20680 50
146567 58
1369876 30516
ComptrollerGenerals Report
IVAssets as Per Ledger Accounts
1 Book value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force of
which 508416 was received during the year
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office 714292 So Dept Ofs 200
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
718769 65
665950 00
1833019 52
32047 08
1545631 00
7342 92
242090 59
990 00
49050 11
11 Total net or ledger assets
12 Deduct depreciation from cost of assets to bring same
to market value account bonds
5094890 87
38921 00
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 130625 and accrued 10
55464 on mortgages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans
or liens
18 Interest accrued on other assets
19 Rents accrued on companys property or
lease
5055969 87
11860 89
13887 49
36993 64
840 50
666 67
Total carried out
20 Market value of real estate over book
64249 19
11000 00
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums
on policies in force De
cember 31 1908
8606 03 86031 34
9258 68 108599 55
Totals
25 Deducting loading 20
17864 71 194630 89
3572 94 38926 18
26 Net amount of uncollected
and deferred premiums 14291 77 155704 71
169996 48ComptkolleeGenekals Eepobt
517

Items Not Admitted
4 Cash advanced to or in the hands of of
ficers or agents in German bank of Buf
falo N T receiver appointed
5 Agents balances
7 Bills receivable
8 Premium notes and loans in item 26 in
excess of net value
246 87
49050 11
990 00
20802 10
Total
71089 08
9 Total assets less items not admitted 5230126 46
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest three and onehalf and
three and McClintoeks Annuity three
and onehalf per cent 4495134 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
8 Present value of unpaid amounts on ma
tured installment policies face 30
16572
46474 10
10000 00
28100 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders including divi
dends declared and apportioned
12 Amount of national State or other taxes due est
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz
Premiums paid in advance 898320 all other 80
46461 total
84574 10
38505 15
25000 00
6269 54
L447 81
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
4738930 60
491195 86
5230126 46518 ComptrollerGenerals Eepobt
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
viousyear QQ
JN umber and amount of policies on the lives of citi
zens of Georgia issued during the year 83 132610 00
rta1 LL 1331 2567489 00
Deduct number and amount which have ceased to
be in force during the year 155 301921 0Q
Total number and amount of policies in force
in Georgia December 31 ljlrfl m
Amount of losses and claims on policies in Georgia
incurred during the year 21 93
Amount of losses and claims on policies in Georgia
paid during the year 20 M
Amount of premiums collected oi secured in Georgia
during the year in cash 6285611
STATE MUTUAL LIFE INSURANCE COMPANY OF HOME GEORGIA
O B Porter President A a Wadsworth Seoret
Principal Office State Mutual Bldg Broad St Rome Ga
Dean Dean Rome Attorneys for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year ljl76624 00
Extended at
1176624 00
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 377191 99
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 3333 6Q
2 Premium notes loans or liens taken in
part payment for renewal premiums 188 91
3 From dividends applied to pay running
premiums g gg
3 From dividends applied to purchase
paidup additions and annuities 75 joComptrollerGenerals Keport
6162 52
519
4 From surrender values applied to pur
chase paidup insurance and annuities
Total 1371860 49
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 61686 re
newals 333103 total 3947 89
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
including 150000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
19 From all other sources
Total income
IIIDisbursements for the Year
1367912 60
24995 82
4445 00
30127 58
4341 71
1625 00
8650 00
256215 45
1698313 16
1 Cash paid for death claims including re
visionary additions 183014 57
Total
6 Paid on annuity claims assessment
183014 57
21736 00
7 Total net amount actually paid for losses and matured
endowments
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
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 31987717
renewals 8254781 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 2928800 in
spection of risks 586300 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
22 Cash paid for taxes on reserves and investments
204750 57
154258 35
73 12
44461 92
6162 52
402424 98
15035 07
35151 00
76430 01
25933 25
2398 72520
ComptrollerGenerals Eepokt
23 Cash paid for insurance department fees and agents
licenses 207059 municipal licenses 136967 total
24 Cash paid for rent including 150000 companys occu
pancy
Agents traveling expenses
26 Cash paid for furniture fixtures and safesforhome and
agency offices
27 Cash paid for advertising 1613875 printing1035570
28 Cash paid for legal expenses
29 Cash paid for the foil
owing items viz Postage
exch and diet 1
45033 office expenses 79618
62332 total
Special examiners 431998 fire insurance 25207loss
sale assets 62000 agents account written off95
83513 total
Total miscellaneous expenses 664688 08
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances j
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 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
Outstanding Nets
13 Total net or ledger assets
Other Assets
14 Interest due 10103 and accrued 6
84229 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
18 Interest accrued on other assets
6943 32
2105 00
473 77
2835 94
Total carried out
Renewals
23 Gross premiums due and unreported on
policies in force December 31 149 153 26
3440 26
3852 98
15675 48
4027 43
26494 45
9761 74
13035 53
31027 18
1074396 56
36944 50
636148 54
11879 43
644239 77
28440 75
121422 14
535 34
230857 28
23076 88
30280 56
36715 41
1800540 60
12358 03ComptbollebGenebals Report
24 Gross deferred premiums on policies in
521
force December 31
100976 71
Total 250129 97
25 Deduct loading 20 per cent less amount
charged as dividend liability 27829 48
26 Net amount of uncollected and deferred premiums
28 Total assets as per the books of the company
Items Not Admitted
5 Agents balances 30280 56
7 Bills receivable
222300 49
2035199 12
23076 88
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 1908 computed according to The
Am Exp Tables of Mortality with 3
and 3y2 per cent interest 1719432 00
Deduct net value of risks of this com
pany reinsured in other solvent com
53357 44
1981841 68
pames
2037 00
Net reinsurance reserve 1717395 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 11500 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders contingent on
premium payment
Unearned interest
Dividends left with the company on interest
Beserve for excess loans
Contingency reserve
16 Amount of any other liability of the company viz
Bremiums paid in advance
Outstanding bills
11500 00
22196 51
22477 08
2 54
1905 87
2500 00
716 73
1858 39
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
1780552 12
201289 56
1981841 68
4iiis522 ComptrollerGenerals Report
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 361g 12010178 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 2095 5455876 00
Total 5714 17466054 00
Deduct number and amount which have ceased to
be in force during the year 1338 4025549 00
Total number and amount of policies in force in
Georgia December 31 4376 13440505 00
No Amount
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 12 500 00
Amount of losses and claims on policies in Georgia
incurred during the year 19 47 qio 00
Total 21 59510 00
Annuity claims paid 1160000 compromise
175000 total 13350 Q0
Amount of premiums collected 01 secured in Georgia
during the year 45808873
STATE LIFE INSURANCE COMPANY OF INDIANAPOLIS INDIANA
Henry W Bennett President W S Wynn Secretarv
Principal Office State Life Building Indianapolis Ind
C V LeCraw Atlanta Attorney for Service in Georgia
Amount of net or ledger assets December
31 of previous year 0053329 58
Extended at Gj053329 58
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 206475 28
I1 Cash received for renewal premiums
without deductions for commissions or
other expenses v 1 773 121 01
21 Premium notes loans or liens taken in
part payment for renewal premiums 252230 57
3 From dividends applied to pay running
premiums 104477 25ComptrollerGenerals Eeport
523
3 From dividends applied to purchase
paidup additions and annuities
4 From surrender values applied to pur
chase paidup insurance and annuities
5 Consideration for annuities other than
matured installment policies
276 00
38664 89
130 00
Total 2375375 00
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 71687 re
newals 409526 total 5622 13
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
including 1240968 for companys own occupancy
18 Consideration for other contracts
19 From all other sources viz Partial payments on voided
notes
Total income
2369752 87
179900 53
4444 45
91301 05
3909 72
103248 39
33174 25
952 96
2786684 22
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 586019 59
5 Cash paid for sums falling dueduring the
year on installment policies
500 00
Total 580519 59
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
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 1030489 35
17 Cash paid for commissions and bonuses to agents less
586519 59
52287 59
10766 25
104477 25
276 00
237497 78
38664 89524
ComptrollerGenerals Report
18
19
20
21
22
23
24
25
26
27
28
29
commission on reinsurance new policies 16373322
renewals 21705356 total
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1390230 in
spection of risks 456658 total
Cash paid for salaries and all other compensation of of
ficers and other home office employees
Cash paid for taxes on new premiums and renewals
Cash paid for taxes on investments
Cash paid for insurance department fees and agents
licenses 576800 municipal licenses 114590 total
Cash paid for rent including 1240968 companys occu
pancy
Cash paid for commuting commissions
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 219281 printing 1059429
Cash paid for real estate expenses other than taxes
3783050 for legal expenses 733528 total
Cash paid for the following items viz Traveling ex
penses 10700 investment expense 26448 total
Postage telegraph express and exchange 940200 dis
count on premiums 2495 miscellaneous expense 2
00231 total
Agents debit balances charged off to profit and loss
Total miscellaneous expenses 796883 49
380786 78
22634 45
18468 88
118571 54
37930 92
15076 18
6913 90
17545 68
5490 52
4065 42
12787 10
45165 78
10965 15
11429 26
89051 93
30 Total disbursements g j g0 o9 04
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash in company s office
8 1 ash deposited in banks
10 Agents ledger balances of which 2002446 was ad
vanced during the year
11 Total net or ledger assets g
12 Deduct depreciation from cost of assets to bring same
to market value
13 Total net or ledger assets less depreciation
992888 00
3853568 98
1723059 33
77929 83
117087 72
3646 18
220670 50
2790 42
7012640 96
1817 72
7010823 24ComptrollerGenerals Eeport
525
14
15
17
19
Other Assets
Interest due 855350 and accrued 56
86971 on mortgages
Interest accrued on bonds and stocks
Interest accrued on premiums notes loans
or liens
Rents accrued on companys property or
65423 21
921 25
779 30
795 22
20
23
24
Total carried out
Market value of real estate over cost
New Business Benewals
Gross premiums due and
unreported on policies in
force December 31 1908 27945 61 95788 84
Gross deferred premiums
on policies in force De
cember 31 1908 1860 85 45235 24
25
26
Totals
Deducting loading 7085
per cent on new and
198 per cent on renew
als
29806 46 141024 08
21117
27922 77
Net amount of uncollected
and deferred premiums 8688 58 113101 31
Unearned premiums for fire insurance on home office
building
67918 98
207112 00
121789 89
532 10
28
Total assets as per the books of the company 7413376 21
Items Not Admitted
Agents balances 23790 42
Total assets less items not admitted 7389585 79
yLiabilities
Net present value of all the outstanding
policies in force on the list day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American three
and three and onehalf per cent 6253359 00
Deduct net value of risks of this com526
ComptrollerGenerals Report
pany reinsured in other solvent com
panies
3679 00
Net reinsurance reserve
2 Premium notes 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
8 Present value of unpaid amounts on ma
tured installment policies
6249680 00
10732 35
40000 00
31000 00
26494 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits to policyholders not yet due
12 Amount of national State or other taxes accrued on
premiums only
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz
Premiums paid in advance
Interest paid in advance 3446119 judgments and costs
appealed 269074 total
108226 35
89752 22
25043 01
9879 32
9291 36
37151 93
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
6529024 19
860561 60
19 Total liabilities 7389585 79
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year i852 5298196 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 422 1225Hi 00
Total 0974

Deduct number ami amount which have ceased to be
in force during t lie year 447
Total number ami amount of policies in force
in Georgia December 31 827
No
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1
6523365 00
1257942 00
5265423 00
Amount
5000 00ComptrollerGenerals Report 527
Amount of losses and claims on policies in Georgia
incurred during the year 12 JaJ UU
13 35550 00
Total
Amount of losses and claims on policies in Georgia
13 35550 00
paid during the year
Amount of premiums collected or secured in Georgia
during the year in cash 13205670 notes and
credits 2213916 total 15419586
STATE MUTUAL LIFE ASSURANCE CO OF WORCESTER MASS
A G Bullock President Berton H Wright Secretary
Principal Office 340 Main St Worcester Mass
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
Amount of net or ledger assets December
31 of previous year 29667561 3o
Extended at 29667561 to
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 342616 50
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 3831967 77
3 From dividends applied to pay running
423312 04
premiums
31 From dividends applied to purchase
paidup additions and annuities 124831 77
5 Consideration for annuities other than
matured installment policies 2o98419
Total 4748712 27
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company renewals 615
4687184 20
7 Total premium income
8 Cash received for interest on mortgage loans SauD
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes policies
loans or liens528
ComptbollerGenerals Eepoet
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 2000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
98750 all other 256885
16 Prom dividends and surrender values on reinsurance
19 From all other sources viz Supplementary contract
2612884 dividend left to accumulate at interest
19068115 total
43419 85
3521 22
116072 19
3556 35
12533 13
216809 99
Total
income
6331814 44
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 1384271 47
2 Premium notes loans or liens used in pay
ment of the same 68 00
3 Cash paid for matured endowments and
additions thereto 578902 84
4 Premium notes loans or liens used in the
payment of same 114 00
5 Cash paid for sums falling due during the
year on installment policies 8088 99
Total 1971445 30
7 Total net amount actually paid for losses and matured
endowments 1971445 30
8 Cash paid to annuitants 8 482 89
9 Premium notes loans or liens used in purchase of sur
rendered policies 1988 voided by lapse 1463 total 3451 00
9y2 Premium notes loans or liens used in payment of divi
dends to policyholders 36 318 65
10 Cash dividends paid policyholders 423 312 04
11 Cash dividends applied to pay running premiums 124831 77
12 Cash dividends applied to purchase paidup additions and
annuities 812076 17
13 Surrender values paid in rash 190 681 15
14 Dividends left with company to accumulate at interest
Total paid policyholders 3570598 97
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 13660792
renewals 23427114 total 370 879 06
18 Cash paid for salaries and allowances to managers and
agents 67881 33
19 Cash paid for medical examiners fees 19705 inspec
tion of risks 222430 total 21 929 30ComptrollerGenerals Report
529
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
22 Cash paid for taxes on reserves 3693597 on invest
ments 2267723 total
23 Cash paid for insurance department fees and agents
licenses 535066 municipal licenses 167962 total
24 Cash paid for rent including 20000 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 404585 printing 2114267
28 Gash paid for real estate expenses other than taxes
3840743 for legal expenses 75773 total
29 Cash paid for the following items viz Accumulations
surrendered with interest
Sundry expense 2409261 profit and loss 4180190
Total miscellaneous expenses 847799 03
95116 81
40506 78
59613 20
7030 28
32280 84
585 38
3978 74
25188 52
39165 16
17749 12
65894 51
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 polieyholders 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 ac
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks v
Loans on personal security
4418398 00
1683650 00
4904258 84
29465 00
3566097 00
71574 00
3765 85
429507 33
14434 77
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 428625 and accrued 60
02032 on mortgages
15 Interest due 12500 and accrued 257
35133 on bonds and stocks
16 Interest due 18983 and accrued 487
96 on collateral loans
17 Interest due 420388 and accrued 49
71207 on premiums notes loans or liens
31580977 79
64306 57
269851 33
677 79
53915 95530
ComptrollerGenerals Report
18 Interest due 4593 and accrued 1
33305 on other assets
19 Rents due 139373 and accrued 12
28612on companys property or lease
1378 98
13679 85
Total carried out 403810 47
21 Market value of bonds and stocks over cost 3 533 00
22 Due from other companies for losses or claims on poli
cies of this company reinsured
5000 00
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 38637 59 283452 42
24 Gross deferred premiums
on policies in force De
cember 31 60436 24 350852 27
Totals 99073 83 634304 69
25 Deducting loading 23 23282 35 149061 60
26 Net amount of uncollected
and deferred premiums 75791 48 485243 09
561034 57
28 Total assets as per the books of the company 32 554 355 83
Items Not Admitted
6 Loans on personal security endorsed or
HOt
8 20 of premium notes
14434 77
14314 80
Total
28749 57
9 Total assets less items not admitted 32 525 606 26
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American Table
of Mortality with three and oneHalf
and three per cent interest 29103587 00
Deduct net value of risks of this com
pain reinsured in other solvent cora
Panies 221472 00
Net reinsurance reserve
28882115 00CompteollebGeneeals Eepobt
531

5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 151320 00
8 Present value of unpaid amounts on ma
tured installment policies
133622 00
284942 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due polieyholders 252855 by
11 Amount of annual dividends declared on policies and
inAQ 104913 68
payable during 1909
12 Amount of national State or other taxes accrued 7500 uu
16 Amount of any other liability of the company viz
Premiums paid in advance
Deferred dividends apportioned 165481 extra reserve
on annuities 15133 total 180614
17 Liabilities on policyholders account JSmS so
18 Gross surplus on policyholders account 2b81bbrf m
32525606 26
19 Total liabilities
Business in the State of Georgia During the Year
No
Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 124 211633 OU
Total
Deduct number and amount which have ceased to
706 1387913 00
be in force during the year
68
149904 00
Total number and amount of policies in force
in Georgia December 31 v
No Amount
Amount of losses and claims on policies in Georgia
incurred during the year
Amount of losses and claims on policies in Georgia
paid during the year
Amount of premiums collected or secured in Georgia
during the year in cash 4305177
4
4
661 94
661 94532
ComptrollerGenerals Eeport
SOUTHERN STATES LIFE INSURANCE COMPANY OP
MONTGOMERY ALABAMA
Wilmer L Moore President Frank 0ftn Secrrt
Principal Office Atlanta Ga Home Office Montgomery Ala
Wm 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 December
31 of previous year 338909 15
Extended at
338909 15
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
1 Surrender values applied to pay first
years premiums
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 poli
icies
2 Premium notes loans or liens taken in
part payment for renewal premium
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 paidop insurance and annuities
173736 10
615 93
96614 97
5926 62
50484 66
12324 31
206 04
1231 57
Total
6 Deduct amount of premiums paid to other
companies tor reinsurance on policies in
this company new business 116665
renewals 26550 total
341140 20
1432 05
7 Total premium income
8 Cash received for interest on mortgage loans
9 ash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
339708 15
6802 02
4202 88
2316 41
ComptrollerGenerals Report
533
11 Cash received for interest on other debts due the com
pany
19 From all other sources viz Dividends left with Co
104678 miscellaneous 150888 total
Total income
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 7390500 less ad
justment account error in age 112072
72784 28
Total 72784 28
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants for annuities
9 Premium notes loans or liens used in purchase of sur
rendered policies 1050083 void by lapse 210045
10 Cash dividends paid policyholders
11 Cash dividends applied ito pay running premiums
12 Cash dividends applied to purchase paidup additions
and annuities
12 Dividends left with the company to accumulate at inter
est
14 Surrender values applied to pay running premiums
15 Surrender values applied to purchase paidup insurance
Total paid policyholders
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 9056685
renewals 67763 total
18 Cash paid for salaries and allowances to managers and
agents
18 Cash paid agency supervision traveling and other
agency expenses
19 Cash paid for medical examiners fees 696317 inspec
tion of risks 162502
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for department fees licenses taxes on new pre
miums renewals
24 Cash paid for rent
27 Cash paid for advertising 432653 printing and sta
tionery 546740 postage telegraph telephone ex
press and exchange 228525
28 Cash paid for real estate expenses legal expenses
29 Cash paid for the following items viz Examination by
State of Alabama and miscellaneous home office expense
4606 39
2555 66
360191 51
72784 28
2 22
12601 28
50 85
12324 31
206 04
1046 78
615 93
1231 57
1863 26
91244 48
10953 74
6471 95
8588 19
19815 60
3654 69
1809 36
12079 18
1716 87
3993 04534
ComptbollebGenebals Bepobt
Agents balances charged off suspense items transferred
premiums returned on cancelled policies etc
10205 64
30 Total disbursements
271396 00
31 Balance
By an arrangement with a holding company the amount paid
by this company for expenses is not in excess of the ex
pense loading on premiums received The amount paid
by the company under this arrangement has been pro
rated in the above statement of disbursements invested
in the following
IVAssets as Per Ledger Accounts
Loans on mortgage first liens on real estate
Loans made in cash to policyholders on this company
policies assigned as collateral
Premium notes loans or liens on policies in force
Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
Cash in companys office
Cash deposited in banks
Bills receivable
Agents ledger balances
Furniture and fixtures
427701 66
9
10
10
13
101375 00
39057 00
12442 09
126203 11
3859 10
132529 55
258 72
4257 89
7722 20
14
15
17
18
Total net or ledger assets less depreciation
Other Assets
Interest due 29537 and accrued 541
on mortgages
nteresl accrued on bonds and stocks
Interest due and accrued on premiums
notes loans or liens
nteresl accrued on other asseta
1277114 66
836 76
1982 07
157 19
38 37
Total carried out
301 I 39
23
24
Gross premiums due and
iinreported on policies in
force Dec 31 1908
Gross deferred premiums
on policies in force De
cember 31 1908
New Business Renewals
72 50 14878 16
623 84
4677 42
Totals
Deducting loading
696 34
520 92
19555 58
5128 80
1
ComptrollerGenerals Report 535
26 Net amount of uncolleeted
and deferred premiums 175 42 14426 78 14602 20
28 Total assets as per the books of the company 445321 25
Items Not Admitted
2 Furniture fixtures and safes 7722 20
5 Agents balances 4257 89
5 Premium notes and liens on policies in
excess of the net value of their poli
cies i030 54
7 Bills receivable 258 72
Total 13269 35
9 Total assets less items not admitted 4320ol 90
VLii abilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with 3
per cent interest 258057 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panics 500
Net reinsurance reserve 257478 00
7 Amounts due and unpaid on annuity claims
PS7 480 22
Total policy claims oi iou
10 Am mi nt of all unpaid dividends of surplus or other de
scription of profits due policyholders L046 78
16 Amount of any other liability of the company viz
Premiums paid in advance doJ
17 Liabilities on polieyholders account 262912 67
18 Giross surplus on polieyholders account 169139 23
19 Total liabilities 43205190
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
1306 4008071 00
vious year 536 ComptrolleeGenebals Repoet
Number and amount of policies on the lives of citi
zens of Georgia issued during the year re
vived 500000 i 247
Total 2553
Deduct number and amount which have ceased to
be in force during the year 435
No
Total number and amount of policies in force in
Georgia December 31 1908 2117
Amount of losses and claims on policies in Georgia
incurred during the year 14
Amount of losses arid claims on policies in Georgia
paid during the year 14
Amount of premiums collected or secured in Georgia
during the year 21669427
2864134 00
6872205 00
1348405 00
Amount
5523800 00
46905 00
46905 00
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OP
CHARLESTON WEST VIRGINIA
Harrison B Smith President J D Baines Secretary
Principal Office Charleston Kanawha Co West Virginia
Brutus 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 December
31 of previous year 319893 64
Extended at
319893 64
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
iy 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 premium
From dividends applied to pay running
premiums
53937 94
52578 31
5569 18
8695 36
332 34
Tl1 121113 13CompteollerGenerals Eepoet
537
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 174725
renewals 94142 total
2688 67
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
19 From all other sources
118424 46
13196 63
1467 78
240 34
3196 12
255 00
89 90
Total income 136870 23
TITDisbursements for the Year
1 Cash paid for death claims including re
virsionary additions
11931 00
Total
11931 00
7 Total net amount actually paid for losses and matured
endowments
11 Cash dividends applied to pay running premiums
13 Surrender values paid in cash
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 3295044
renewals 79388 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 473284 in
spection of risks 85029 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 renewals reserves
investments and cash paid for insurance department
fees and agents licenses and municipal licenses
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 132717 printing 296241
28 Cash paid for real estate expenses other than taxes
50322 for legal expenses 6400 total
29 Cash paid for the following items viz Express tele
grams and postage 122013 collections 7826 gen
11931 00
332 34
636 66
33744 32
17803 09
5583 13
18573 32
1132 43
1432 S2
1807 59
4289 58
567 22
35ins538
ComptrollerGenerals Report
eral expenses 114551 agents account charged to loss
account 81963 loss on sale of bonds 119550 total
Total miscellaneous expenses 4459 03
30 Total disbursements
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbranees
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 poldeyholders 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 ac
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
13 Total net or ledger assets less depreciation
Other Assets
14 Interest due 32219 and accrued 3
32638 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
19 Bents due on companys property or lease
3648 57
200 69
576 23
75 00
Total carried out
21 Market value of bonds and stocks over cost
New Business Renewals
2 Gross premiums due and
unreported on policies in
force December 31 1908 164 82 3047 64
24 Gross deferred premiums
on policies in force De
cember 31 1908 2068 95 2825 20
Totals
25 Deducting loading
233 77 5872 84
1273 79 782 33
26 Xet amount of uncolleetod
and deferred premiums 959 98 5090 51
4459 03
102292 53
12500 00
234502 56
41100 00
4054 28
14264 54
16850 00
6 03
25792 76
786 22
4614 95
354471 34
4500 49
4400 00
6050 49ComptrollerGenerals Eeport 539
Items Not Admitted
5 Agents balances 1893 40
7 Bills receivable 786 22
Total 2679 62
9 Total assets less items not admitted 367742 70
VLiabilities
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to
American Exp table at 3V2 on modi
fled preliminary term basis 93754 51
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 1188 33
9o 566 18
Net reinsurance reserve
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 3309 23
6 Claims for death losses and other policy
claims resisted by the company 400Q 00
7 309 93
Total policy claims
Hi Amount of any other liability of the company viz
Premiums paid in advance 8990 interest paid in
advance 11509 commissions due agents on notes
242682 bills and accounts due 55972 State tax
on premiums 54521 total 3736 74
17 Liabilities on policyholders account 103612 15
18 Gross surplus on policyholders account 263130 55
19 Total liabilities 366742 70
Business in the State of Georgia During the Year
On paid basis
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
3 6500 00
vious year
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 108 174162 00
Total 1 180662 00540 ComptrollerGenerals Report
Deduct number and amount which have ceased to
be in force during the year 12 18500 00
Total number and amount of policies in force
in Georgia December 31 1908 99 162162 00
Amount of losses and claims on policies in Georgia
incurred during the year g 3000 00
Amount of losses and claims on policies in Georgia
paid during the year 2 3000 00
Amount of premiums collected or secured in Georgia
during the year in cash 403855 notes or
credits 96247 total 500102
THE TRAVELERS INSURANCE COMPANY OF HARTFORD COXX
Sylvester C Dunham President Louis F Butler Secretary
Home Office Xo 700 Main Street Hartford Conn
1
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 44823918 73
4 Extended at 44j823818 73
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1242751 for first
year s reinsurance 784 031 32
6 Surrender values applied to pay first years
premiums 135 14
7 Total first years premiums on original
Policies 784366 i
8 Dividends applied to purchase paidup ad
ditions and annuities 19 931 00
10 Consideration for original annuities in
volving life contingencies 29 37 45
10 Total new premiums 834 034 91
13 Renewal premiums without deduction for
commissions or other expensesless 137
64376 for reinsurance renewals 5397638 92
14 Dividends applied to pay renewal prem
iums 35050 12
15 Surrender values applied to pay renewal
Premiums 3145 83
16 Renewal premiums far deferred annuities 191 58ComptrollerGenerals Report
541

17 Total renewal premiums 5436326 to
18 Total premium income 6270561 66
19 Consideration for supplementary contract not involving
life contingencies 738023 9
22 Gross interest on mortgage loans 758745 93
24 Gross interest on bonds and dividends on
stocks less 1273978 accrued interest
on bonds acquired during 1908 1069448 79
25 Gross interest on premium notes policy
loans or liens 294904 10
26 Gross interest on deposits in trust com
panies and banks 4936 09
28 Gross discount on claims paid in advance 3704 38
29 Gross rent from companys property in
cluding 7895711 for companys occu
pancy of its own buildings 130375 68
30 Total gross interest and rents 2262114 97
37 From agents balances previously charged off 58 77
38 Gross profit on sale or maturity of ledger assets viz
Real estate 4885050 bonds 389510 stocks 4
57500 total 57320 60
40 Total income 9328079 92
IIIDisbursements
1 For death claims less 6161800 reinsur
ance 228898157 additions 14200 2289123 57
2 For matured endowments 762013 92
3 Net amount paid for losses and matured endowments 3051137 49
4 For annuities involving life contingencies 28600 80
6 Surrender values paid in cash or applied in liquidation
of loans or notes 522268 42
7 Surrender values applied to pay now premiums 13514
to pay renewal premiums 314583 3280 97
10 Dividends applied to pay renewal premiums 35050 42
11 Dividends applied to purchase paidup additions and
annuities 1993100
13 Total paid policyholders 3660269 10
14 Expense of investigation and settlement of policy claims
108040 for legal expense 2357 11
15 Paid for claims on supplementary contracts not involving
Q07 044 97
life contingencies i
17 Paid stockholders for interest or dividends 50000 00
18 Commissions to agents less commission on reinsurance542 ComptrollerGenerals Report
First years premiums 29065042 renewal premiums
23503123 annuities original 79922 renewal
2577 total 526506 64
19 Commuted renewal commissions 23784 21
20 Salaries and allowances for agencies including managers
agents and clerks 155164 62
21 Agency supervision traveling and all other agency ex
penses 49744 32
22 Medical examiners fees 4387572 inspection of risks
1157999 55455 71
23 Salaries and all other compensation of officers directors
trustees and home office employees 158295 38
24 Rent including 2368716 balance accident statement
for companys occupancy of its own buildings less noth
ing received under sublease 71512 37
25 Advertising 1266888 printing and stationery 33
96124 postage telegraph telephone and express
3525900 exchange 182456 total 83713 68
26 Legal expense 3693 16
27 Furniture fixtures and safes 19602 89
28 Repairs and expenses other than taxes on real estate 80744 02
29 Taxes on real estate 28818 93
30 State taxes on premiums 87679 39
31 Insurance department licenses and fees 6078 00
32 All other licenses fees and taxes viz County and mu
nicipal licenses and fees 278843 county and munici
pal taxes 363569 tax on reserves 881890 stamp
tax in Mexico 15312 total 15396 14
36 Other disbursements viz Heat light and miscellaneous
expense of officers 1074729 newspapers periodicals
and books 291461 miscellaneous expense 284042
total 16502 32
41 Agents balances charged off 521 59
42 Gross loss on sale or maturity of ledger assets viz Real
estate 480000 bonds 120000 mortgage loans
16000 total 6160 00
43 Gross decrease by adjustment in book value of ledger
assets viz Real estate 30057500 mortgage loans
220000 total 302775 00
44 Total disbursements 5 732 718 85
5 Balance 48419279 SO
IVLedger Assets
1 Home office real estate 1075000 00
Book value of real estate 291 632 00
2 Mortgage loans on real estate first liens 15676676 03CompteollebGeneeals Eepobt
543

4
5
6
7
8
9
10
12
13
14
19
23
Loans made to policyhoider on this companys policies
assigned as collateral
Premium notes on policies in force of which none is for
first years premiums
Book value of bonds 2276978592 and stocks 1820
14263
Gash in companys officei
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
Bills receivable 429273 agents balances debit 1
62533
Total ledger assets
NonLedger Assets
Interest due 1452734 and accrued 221
6057390 70
4173 13
24589928 55
7000 00
226 30
711335 03
5918 06
48419279 80
83306 on mortgages
Interest accrued on bonds
236360 40
339753 67
Total interest and rents due and accrued
New Business Renewals
Gross premiums due and un
reported on policies in
376114 07
24 force December 31 1908 Gross deferred premiums on policies in force Decem 5160 67301 00 05 358797 501709 88 90 78 86

25 26 72461 11956 05 07 860507 94655


27 Net amount of uncollected and deferred premiums 60504 98 765851 92 826356 90
33 49821750 77
Deduct Assets Not Admitted
36
38
40
Agents debit balances
Bills receivable
Book value of ledger assets over market
value
1625 33
4292 73
358657 44
43
Total
Admitted assets
364575 50
49457175 27544 ComptrollerGenerals Eepoet
VLiabilities
Net present value of all the outstanding policies in force on
the 31st day of December 1908 as computed by the com
pany on the following tables of mortality and rates of
interest viz
2 American Experience table a 3 per cent on all participa
ting business and upon all policies with surrender values
based upon this reserve 278165200 same for rever
sionary additions 5959100 total 2841243 00
3 American Experience table at 3 per cent on all policies
not included in Section 2 same for reversionary ad
ditions 41146999 00
5 Net present value of annuities including those in reduc
tion of premiums viz Emory McClintocks Tables
of Mortality among Annuitants with 3 per cent inter
est 285939 00
Tortal 44274181 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 955 087 00
43309094 00
7 Reserve to provide for health and accident benefits con
tained in life policies 3 jqq qq
8 Net reserve 43322594 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 3042582 00
10 Liabilitiy on policies cancelled and not included in net
reserve upon which a surrender value may be demanded 20000 00
12 Claims for death losse in process of ad
justment or adjusted and not due 15172 74
13 Claims for death losses which have been
reported and no proofs received 76 121 74
14 Claims for matured endowments due and
Paid 779 00
15 Claims for death losses and other policy
claims resisted by the company 27 500 00
17 Total policy claims 119 573 48
18 Due and unpaid on supplementary contracts not involving
life contingencies
20 Premiums paid in advance including surrender values so
01 TTaPpli6d 6935052
21 Unearned interest and rent paid in advance 147 452 05
25 Salaries rents office expenses bills and accounts duo or
aCOrued 18272 87ComptrollerGenekals Report 545
26 Meaieal examiners and legal fees due or accrued 462131
27 btate county and municipal taxes due or accrued 8892o 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 4282 6o
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1909 whether
contingent upon the payment oi renewal premiums or
otherwise 3529 52
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 55725 00
45 Unassigned funds surplus 2558933 53
46 Total liabilities 49457175 27
Business in the State of Georgia During the Year
No Amount
12 Policies on the lives of citizens of said State in
force December 31 of previous year 1444 4783551 00
13 Policies on the lives of citizens of said State
issued during the year 137 385235 00
14 Tatai 1581 5168786 00
15 Deduct ceased to be in force during the year 80 306388 00
16 Policies in force December 31 1908 1501 4862398 00
17 Losses and claims unpaid December 31 of pre
viousyear 4 32000 00
18 Dosses ana claims incurred during year 21 104594 58
19 Total 25 136594 58
20 Losses and claims settled during the year in
cash 24 134594 58
21 Losses and claims unpaid December 31 1908 1 2000 00
22 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
17307684546
ComptrollerGenerals Eeport
UNION CENTRAL LIFE INSURANCE COMPANY CINCINNATI OHIO
Jesse R Clark President John D Sag6 Secretary
Thos H Daniel Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 500000 00
Amount of net or ledger assets December
31 of previous year 59690937 31
Increase of capital during the year 400 000 00
Extended at
IIIncome During the Year
60090937 31
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
iy 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
1 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
Consideration for annuities other than
matured installment policies
256552 02
3008523 05
769669 05
4785998 14
575120 91
245149 69
107443 33
70567 05
12183 37
Total 9831206 61
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 658895
renewals 19317532 total 109764 27
7 Total premiun
i income
9631442 34
8 ash received for interest on mortgage loans 3 216 857 06ComptbollebGenebals Repobt
547
9 Cash received for interest on bonds owned and dividends
on stock
10 Gash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
14 Cash received for profits on sales of real estate
16 From dividends and surrender values on reinsurance
18 Profit from readjustment of mortgage loans
19 From all other sources viz Consideration for supple
mentary contracts not involving lifecontingencies
Total income
IIIDisbursements for the Year
200 00
011139 65
10920 28
17975 57
912 42
2670 80
35793 52
54600 00
13582511 64
1 Gash paid for death claims including re
visionary additions 2269750 36
2 Premium notes loans or liens used in pay
ment of the same 25335 64
3 Cash paid for matured endowments and
additions thereto 702885 09
5 Cash paid for sums falling due during the
year on installment policies
64746 00
Total 3062717 09
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured 157500 00
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of surren
dered policies 4265234 voided by lapse 23949137
91 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
15 Surrender values applied to purchase paidup insurance
and annuities
Total paid policyholders 4982692 38
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
2905217 09
25506 23
282143 71
1653 03
357030 35
562926 30
245149 69
425055 60
107443 33
70567 05
430000 00548
CompteollebGeneeals Eepoet
18
19
commission on reinsurance new policies 40369047
renewals 54228776 annuities 100916 total
Cash paid for salaries and allowances to managers and
agents and other agency expenses
Cash paid for medical examiners fees 5155350 in
spection of risks 182939 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 on renewals
22 ash paid for taxes on investments
23 Cash paid for insurance department fees and agents li
censes and municipal licenses
24 Cash paid for rent
2 Cash paid for commuting commissions
26 ash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 3343308 printing 39
44461 postage etc 3297081 total
28 Cash paid for real estate expenses other than taxes 3
71178 for legal expenses 2427798 total
Cash paid for the following items viz Profit and loss
uncollectable accounts
Mortgage expenses 3990114
21189641 total
Total miscellaneous expenses 3429 816 27
29
mortgage loan expense
946987 39
84245 22
53382 89
257358 29
158160 68
966565 56
22H17 28
37374 81
30970 39
8718 94
105848 50
279S9 76
47199 01
251797 55
30 Total disbursements
8412508 65
157999 55
IVAssets as Per Ledger Accounts
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate 5329iil I l
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 8917 902 69
5 Premium notes loans or liens on policies in force 2oi7J72 71
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
ash in company a office
8 nsh deposited in banks
10 Agents ledger balances
25000 00
6413 30
17 1212 42
15191 70
11 Total net or larger assets
12 Deduct depreciation from coal of assets to brin
to market value
05200940 30
g same
3256 89
Ttal Mt r leder 65200940 30
Other Assets
II Interest due 1 221 7 100 and accrued
s9522 mi mortgages f81 723 91ComptrollerGenerals Report
549
15
17
19
21
23
24
25
26
28
Interest accrued on bonds and stocks 50 00
Interest due 3993052 and accrued 332
27713 on premiums notes loans or liens 372207 65
Rents due 23945 and accrued 300 on
companys property or lease 539 45
Total carried out 2354521 04
812 50
Market value of bonds and stocks over cost
New Business Renewals
Gross premiums due and
unreported on policies in
force December 31 1908 91015 72 308547 19
Gross deferred premiums
on policies in force De
cember 31 1908 13226 57 95904 67
Totals 104242 29
Deducting loading 20 20848 46
404451 86
80890 37
Net amount of uncollected
and deferred premiums 83393 83 323561 49
Total assets as per the books of the company
Items Not Admitted
Agents balances
Total assets less items not admitted
VLiabilities
406955 32
68019972 27
15194 70
68004777 57
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest and American 3 55545222 00
Deduct net value of risks of this com
panv reinsured in other solvent com
panies 603742 00
Net reinsurance reserve 54941480 00
Claims for matured endowments due and
unpaid 3778 00
Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 127583 42
Claims for death losses and other policy
claims resisted by the company 40439 58550
ComptrollebGexerals Report
8 Present value of unpaid amounts on ma
tured installment policies 451745 00
Total policy claims 623546 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 42663 38
11 Amount accumulations credited to special forms of pol
icies 9126476 00
12 Amount of national State or other taxes due or accrued 142112 48
13 Amount due agents 5 639 90
15 Amount net unpaid and deferred reinsurance premiums 28414 65
16 Amount of any other liability of the company viz
Premiums paid in advance 146142 01
Commissions due agents on premium notes when paid 246767 63
17 Capital stock 500000 00
18 Surplus derived from nonparticipating policies 517232 69
Surplus derived from participating policies 1684302 83
19 Total liabilities 68004777 57
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 4734 8632823 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 877 1663860 00
Total 5661 10296683 00
Deduct number and amount which have ceased to
be in force during the yeai 425 815378 00
Total number and amount of policies in force
in Georgia December 31 5236 9481305 00
No Amount
Amount of losses and claims on policies in Georgia
incurred during the year 32 101463 20
Amount of losses and claims on policies in Georgia
paid hiving lie year 30 98456 20
Amount of premiums collected or secured in Georgia
during the year in cash and notes or credits
19393920ComptbolleeGteneeals Eepoet 551
union mutual life insurance company op portland me
Fred E Richards President J Prank Lang Secretary
Home Office 396 Congress Street Portland Maine
James L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 13352001 54
4 Extended at 13352001 54
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 101096 20
7 Total first years premiums on original
policies 101096 20
8 Dividends applied to purchase paidup ad
ditions and annuities 28651 82
9 Surrender values applied to purchase paid
up insurance and annuities 23573 23
12 Total new premiums 153321 25
13 Renewal premiums without deduction for
commissions or other expenses less 552
89 for reinsurance on renewals 2039966 87
14 Dividends applied to pay renewal pre
miums 33922 09
15 Surrender values applied to pay renewal
premiums 8626 05
17 Total renewal premiums 2082515 01
18 Total premium income 2235836 26
19 Consideration for supplementary contracts not involving
life contingencies 7722 00
22 Gross interest on mortgage loans 56328 44
23 Gross interest on collateral loans 70862 24
24 Gross interest on bonds and dividends on
stocks less 1648072 accrued interest
on bonds acquired during 1908 387173 76
25 Gross interest on premium notes policy
loans or liens 377 16 86
26 Gross interest on deposits in trust com
panies and banks 2837 03oo2
ComptrollerGenerals Eeport
27 Gross interest on other debts due the com
pany 908 70
28 Gross discount on claims paid in advance 289 66
29 Gross rent from companys property in
cluding 1031666 for companys occu
pancy of its own buildings 52654 17
608800 86
30 Total gross interest and rents
31 Prom other sources viz
32 Unexpended balance account of fire loss 4957 29
33 Profit and loss miscellaneous 421 92
36 Total
38Gross profit on sale or maturity of ledger
assets viz
Real estate 50 00
Bonds 4617 50
Stocks 595 00
Total
40 Total income
5379 21
5262 50
2863000 83
1ITDisbursements
1 For death claims less 1000000 reinsur
ance 70925778 additions 858627 717844 05
2 For matured and discounted endowments
11080760 additions 516973 total 115977 33
3 Net amount paid for losses and matured and discount
endowments 833821 38
4 For annuities involving life contingencies 2452 77
5 Premium notes and liens voided by lapse less 847300
restorations 74027 03
6 Surrender values paid in cash or applied in liquidation
of loans or notes 215280 94
7 Surrender values applied to pay renewal premiums 8626 05
8 Surrender values applied to purchase paidup insurance
and annuities 23573 23
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 44600 14
10 Dividends applied to pay renewal premiums 33922 09
11 Dividends applied to purchase paidup additions and an
nuities 28651 82
13 Total paid policyholders 1264955 45
14 Expense of investigation and settlement of policy claims
including 46955 for legal expenses 605 45CompteollebGenebals Repobt
553

15 Paid for claims on supplementary contracts not involving
life contingencies 5506 93
18 Commissions to agents less commission on reinsurance
First years premiums 4078544 renewal premiums
12957795 total 170363 39
20 Salaries and allowances for agencies including mana
gers agents and clerks 22993 75
21 Agency supervision traveling and all other agency ex
penses 21520 27
22 Medical examiners fees 5365 00
23 Salaries and all other compensation of officers directors
trustees and home office employees 87534 01
24 Kent including 1031666 for companys occupancy of
its own buildings 25281 23
25 Advertising 426456 printing and stationery 7
66450 postage telegraph telephone and express 2
73475 exchange 109732 total 15761 IS
26 Legal expense 4676 88
27 Furniture fixtures and safes 886 87
28 Repairs and expenses other than taxes on real estate 25589 38
29 Taxes on real estate 12006 89
30 State taxes on premiums 39453 74
31 Insurance department licenses and fees 4215 71
32 All other licenses fees and taxes viz
33 Local licenses and privilege taxes 1773 69
34 Personal property taxes 370 48
35 Publishing statements etc 693 10
Total 2837 27
36 Other disbursements viz
37 Miscellaneous expenses 3515 60
38 Traveling expenses officers and clerks 982 57
39 Profit and loss mortgages 375 90
40 Interest bills payable 724 82
41 Expense mortgages 49 87
Total 77 5648 76
44 Gross loss on sale or maturity of ledger
assets vjz
Real estate 4672 00
Bonds 12419 38
Stocks 41200 30
45 Gross decrease by adjustment in book
value of ledger assets viz
Real estate 19957 29
Stocks 2000 00
Total 77777777777 21957 29
46 Total disbursements 1795451 08
36ins554
ComptrollerGenerals Report
IVLedger Assets
1 Book value of real estate3
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to polieyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
5y2 Temporary notes taken for renewal premiums
6 Book value of bonds 754157678 and
stocks 212296231 total
7 Cash in companys office 841 67
8 Deposits in trust companies and banks
not on interest o oog 51
9 Deposits in trust companies and banks
on interest 102523 96
1036295 08
1101935 50
1433321 25
913020 70
44294 00
74144 37
9664539 09
Total
10 Agents balances debit 1143042 credit 126 net
11 Account of subscription to 5000000 American Tele
graph and Telephone Co 4 Gold Bonds
130572 14
11429 16
10000 00
12 Total ledger assets i 41g ggj 93
NonLedger Assets
13 Interest due 25000 and accrued 16
93100 on mortgages
14 Interest due 365500 and accrued 94
20519 on bonds
15 Interest accrued on collateral loans
16 Interest due 704485 and accrued 18
91383 on premium notes policy loans
or liens
18 Rents due 74176 and accrued 144003
on companys property or lease
17181 00
97860 19
6484 27
25958 68
2181 79
19 Total interest and rents due and accrued
21 Market value of bonds and stocks over book value
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908 16837 88 211438 83
24 Gross deferred premiums
on policies in force De
cember 31 1908 10466 03 128212 52
149665 93
12442 65
25 Totals 27303 91 33965135ComptbollebGeneeals Bepobt
26 Deduct loading 6006 86 74723 29
27 Net amount of uneollected
and deferred premiums 21297 05 264928 06
28 All other assets viz For borne premiums to be de
ducted in settlement of policy claims included in lia
bilities
555
286225 11
127 50
33 Gross assets 14868012 48
Deduct Assets Not Admitted
36 Agents debit balances 11429 16
39 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 1327 00
Total
12756 16
43 Admitted assets 14855256 32
VLiabilities
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1908 as computed by the com
pany on the following tables of mortal
ity and rates of interest viz
Actuaries table at 4 per cent on all pol
icies issued prior to January 1901
Same for reversionary additions
9563151 00
84185 00
Total 9647336 00
American Experience table at 3 per cent
on all policies issued subsequent
January 1901
Same for reversionary additions
to
3856515 00
188369 00
Total 4044884 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries 4 per cent
American 3 per cent
15439 00
Total
18435 00
Total 13710055 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 32o 00556
ComptrollerGenerals Report
8 Net reserve 13707405 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company at 4 and 3 per cent interest 40171 00
12 Claims for death losses in process of ad
justment or adjusted and not due 31608 51
13 Claims for death losses which have been
reported and no proofs received 36208 90
14 Claims for matured endowments due and
unpaid 2083 25
15 Claims for death losses and other policy
claims resisted by the company 1000 00
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners and legal fees due or accrued
27 State county and municipal taxes due or accrued
31 Dividends or other profits due polieyholders including
those contingent on payment of outstanding and de
ferred premiums
45 Unassigned funds surplus
70900 66
2453 73
2920 45
550 00
10000 00
5000 00
55000 00
8139 86
927715 62
46 Total liabilities i4855256 32
Business in the State of Georgia During the Year
No
12 Policies on the lives of citizens of said State
in force December 31 of previous year 335
13 Policies on the lives of citizens of said State
issued during the year jq
14 Total 345
15 Deduct ceased to be in force during the year 79
16 Policies in force December 31
18 Losses and claims incurred during year
20 Losses and claims settled during the year in
cash
22 Premiums collected or secured in cash and notes
or credits without any deductions for losses
dividends commissions or other expenses
1294457
Amount
481944 83
17629 42
499574 25
125515 60
266
No
a
374058 65
Amount
3000 00
3000 00ComptrollerGenerals Report
557
VOLUNTEER STATE LIFE INSURANCE COMPANY OF
CHATTANOOGA TENNESSEE
Z C Patten President Theo F King Secretary
Principal Office Chattanooga Tenn
F M Akers Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets December
31 of previous year 423688 45
Decrease of capital during 1908 100000 00
Extended at 323688 45
IIIncome During the Year
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 87187 95
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 193965 89
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies 7677 44
2Y2 Premium notes loans or liens taken in
part payment for renewal premium 41286 91
3 From dividends applied to pay running
premiums 737 73
3 From dividends applied to purchase
paidup additions and annuities 218 79
4 From surrender values applied to pur
chase paidup insurance and annuities 60 00
Total 331134 71
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 126069
renewals 408922 total 5349 91
7 Total premium income 325784 80
8 Cash received for interest on mortgage loans less ac
crued interest 2641 11328 28
9 Cash received for interest on bonds owned and dividends
on stock 4168 00558
ComptrollerGenerals Eeport
10 Cash received for interest on premium notes loans or
Hens
11 Cash received for interest on other debts due the com
pany
19 From all other sources viz 10000000 capital stock
transferred to surplus
Total income
HIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 76561 43
5 Cash paid for sums falling due during the
year on installment policies 500 00
7061 43
Total
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured of which 8
33333 is for matured endowments 8 333 33
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens voided by lapse
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insurance
and annuities
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 5408379
renewals 924541 total
18 Cash xaid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1216910 in
spection of risks 190495 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 122779 on re
newals 64798 total
23 Cash paid for insurance department fees and agents and
municipal licenses
21 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
3577 40
2219 3S
104525 90
451603 74
68728 10
28 31
1585 59
332 60
737 73
218 79
5609 35
60 00
63329 20
8144 35
14074 05
28696 19
1875 77
2132 25
2090 52
1216 84ComptbollebGenebals Kepoet
27 Cash paid for advertising 402052 printing 439653
postage telephones express and exchange 320945
29 Cash paid for the following items viz Auditors and
actuaries 207467 department examinations 93299
traveling and Inc home office 282076 and other
items total
Agency supervision 1288921 taxes on assets 304190
559
11726 50
8165 65
15931 11
30 Total disbursements
234682 90
IVAssets as Per Ledger Accounts
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 Cash deposited in banks
10 Agents ledger balances of which 361209 was ad
vanced during the year 1000 secured by deed of
trust
Loan on personal security 48783 other assets 17963
Book value of bonds over cost
233900 00
40918 63
40811 64
23373 49
131234 00
500 00
64235 98
3612 09
667 46
1356 00
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 premium notes loans
or liens
540609 29
4136 47
982 06
1831 31
434 74
Total carried out
7384 58
Xew Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1908
24 Gross deferred premiums
22084 93 24805 85560
ComptrollerGenerals Eeport
on policies in force De
cember 31 1908
4173 56
10686 87
Totals
25 Deducting loading
26258 49 35492 72
17068 02 3549 27
26 Net amount of uneollected
and deferred premiums 9190 47 31943 45
28 Total assets as per the books of the company
Items Not Admitted
5 Agents balances
6 Loans on personal security endorsed or
not
7 Bills receivable
8 Book value bonds and stocks over market
value
3179 58
487 83
1244 70
380 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 De
cember 1908 computed according to The
Actuaries Table of Mortality with four
per cent interest 417061 00
Deduct net value of risks of this com
pany reinsured in other solvent com
Panies 5927 00
Net reinsurance reserve 4
6 Claims for death losses and other policy
claims resisted toy the company 7 000 00
8 Present value of unpaid amounts on ma
tured installment policies face 10000 7311 00
Total policy claims a
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
16 Amount of any other liability of the company viz
Unearned interest on policy loans 106576 commis
sions due agents on premium notes when paid 1
83995 unpaid bills 115000 trust funds 295644
17 Liabilities on policyholders account
41133 92
589127 79
5292 li
583835 68
411134 00
14311 00
489 98
7012 15
432947 13ComptbollebGeneeals Eepoet 561
18 Gross surplus on policyholder s account 150888 55
19 Total liabilities 583835 68
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 473 941500 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 433 601500 00
Total 906 1543000 00
Deduct number and amount which have ceased to
be in force during the year 142 328500 00
Total number and amount of policies in force
in Georgia December 31 1908 764 1214500 00
No Amount
Amount of losses and claims on policies in Georgia
incurred during the year 10 21000 00
Amount of losses and claims on policies in Georgia
paid during the year 8 19000 00
Amount of premiums collected or secured in Georgia
during the year in cash 3225208 notes or
credits 292188 total 3517396
AMERICAN INSURANCE COMPANY OP SAVANNAH GA
J R Morton President M L Sutherland Secretary
Principal Office 115 Park Ave West Savannah Ga
Gordon Saussy Savannah Attorney for Service in Georgia
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
7 Cash received from all sources viz Bill payable 2
50000 guarantee fund 683000 total income 9330 00
IIIDisbursements During the Year
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 17 55
7 Salaries and other compensation of officers and other
office employees 175 00562 ComptrollerGenerals Eepokt
8 Taxes
154 5
10 Advertising 1200 blanks and printing 15890 total 170 90
11 All other items viz Interest and discount 3160 and
petty expenses 522 total 36 82
Total disbursements tt4 77
valance a
s i o 23
IVInvested Assets
1 Oost value of real estate in cash exclusive of all incum
branees 600 00
5 Cost value of bonds and stocks owned absolutely 4 700 00
6 Cash in office 9 o
7 Cash deposited in The National Bank of Savannah 373 00
9 All other ledger assets viz Bills receivable unsecured
for guarantee fund certificates 2 100 0Q
10 Total net or ledger assets 8 775 23
VContingent Assets
12 Interest accrued 4
10 6s
15 Market value of bonds and stocks over cost 7 29
Total assets 8798 2Q
VILiabilities
7 Borrowed money 0ft
9 Amount of all other liability viz Guarantee fund cer
tificate of indebtedness
Total liabilities 9330 00
AMERICAN INSURANCE COMPANY OF ATLANTA GA
A V Toole President a i t a
A R Lord Secretary
Principal Office 307 Temple Court Atlanta Ga
Lawton Nully Atlanta Attorney for Service in Georgia
LBalance Sheet
Amount of Net or ledger assets December 31st of previous
year
13385 99
ComptkollerGeneeals Kepokt
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 5439 79
2 Annual dues bills receivable account 1191 76
Total paid by members
7 Cash received from all other sources viz Loans
Total income
563
6631 53
700 00
7331 55
IIIDisbursements During the Year

1 Losses and claims detailed schedule filed
2 Annual payments and assessments re
turned to members
891 10
116 87
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Kent 24000 taxes 27948 total
9 Advanced to officers and agents to be repaid out of
future salaries or commissions
10 Advertising 1929 blanks and printing 9085 total
11 All other items viz To bills receivable 88335 court
costs 8534 incidentals 35291 repaid guarantors
37503 total
Total disbursements
1007 97
1121 57
229 30
Balance
2908 03
519 48
56 00
110 14
5072 63
11025 12

9392 42
IVInvested Assets
1 Cost value of real estate in cash exclusive of all incum

brances
5 Cash value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account viz
American National Atlanta
Bills receivable 280954 charter 10000 furniture and
fixtures 58325 total
Supplies 28315 cash in hands of agents 115166 total
1100 00
2500 00
174 66
690 16
3492 79
1434 81
10 Total net of ledger assets
9392 42564 ComptbolleeGenebals Eepoet
VContingent Assets
19 Annual payments or premiums due and
unpaid on memberships in force 5 290 95
20 Annual payments or premiums in process
of collection not yet due 5 439 77
21 Total due from members iq 730 7
22 Deduct estimated cost of collection 2182 68
23 Net amount due from members n
04 A tl LT 0045 04
24 All other assets viz Contingent fund fixed by laws 44316 35
TtaI 52864 39
Ttal aSSets 62256 81
VI Liabilities
1 Losses due and unpaid Number of claims 1 50 00
2 Losses in process of adjustment or adjusted and not due
Number of claims 2
4 Losses resisted by the company Number of claims5 3 250 00
7 Borrowed money
Total liabilities A
4370 00
Business in the State of Georgia During the Year
No Amount
Policies or Certificates in force December 31 1907 1 127 778 558 00
Policies or certificates written during the year 1908 1476 676200 00
Total
Deduct number and amount which heceasedtobe 1454758
in force during 1908 1m
Total policies in force December 31 1908 1557 827158 00
Losses and claims on policies or certificates unpaid
December 31 1908 A
T 490 00
tosses and claims on policies or certificates incurred
luring the year 1908 1 311 10
Losses and claims on policies or certificates paid during the
year 1908
891 10
ComptbollebGeneeaes Eepoet 565
AMERICAN ASSURANCE ASSOCIATION OF ATLANTA GA
E P Burns President S H Beam Secretary
Principal Office 710712 Gould Building Atlanta Ga
E P Burns Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year 566122
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 450 65
2 Weekly dues 13555 50
Total paid by members 14006 15
7 Cash received from all other sources viz Advanced by
officers and others 907 00
Total income 14913 15
Total income 20574 37
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 4074 83
2 Annual payments and assessments re
turned to members 51 13
Total paid to members 4125 96
3 Commissions and fees retained by or paid to agents 7246 67
4 Commissions and fees retained by or paid to officers and
directors 1660 00
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 23 70
6 Medical Examiners fees whether paid direct by members
or otherwise
7 Salaries and other compensation of officers and other
office employees 312 00
8 Bent 24525 taxes 26411 total 509 36
10 Blanks and printing 123 65
11 All other items viz Interest telephone postage and
incidentals 790 10
Total disbursements 14793 44566
ComptrollerGenerals Report
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 5 050 00
6 Gash in office
9 All other ledger assets viz Office furniture and supplies 426 40
10 Total net or ledger assets 5 780 93
VContingent Assets
19 Weekly payments or premiums due and
unpaid on memberships in force 234 20
20 Weekly payments or premiums in process
of collection not yet due 17 360 45
21 Total due from members
23 Net amount due from members
Total assets
17594 65
22 Deduct estimated cost of collection 20
Per eent0 3518 93
14075 72
19856 65
VILiabilities
8 To officers or others for advances on account of expenses
of organization 682300 bonds 500000 total liabili
tleS 11823 00
Business in the State of Georgia During the Year
No Amount
Pohcjes or certificates in force December 31 1907 4666 77878 00
Policies or certificates written during the year 1908 3046 55J410 00
Total
7712 133288 00
Deduct number and amount which have ceased to be
in force during 1908 3j814 54670 0Q
Total policies in force December 31 1908 3898 79618 00
Dosses and claims on policies or certificates incurred
during the year 1908 110
Total
1110
Losses and claims on policies paid during the
1908
4074 83
4074 83
1110 4074 83ComptrollerGenerals Report
567
ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA
A F Herndon President E W Howell Secretary
Principal Office 202 Auburn Ave Atlanta Ga
W A Wright Atlanta Attorney for Service in Georgia
IBalance Sheet

Amount of net or ledger assets December 31st of previous
year 157333 bonds 550000 total
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 08
2 Annual dues
55879 30
Total paid by members
5 Interest on bonds
7 Cash received from all other sources viz Revivals
renewals and all other sources
Total income
Total income and net or ledger assets
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 33015 00
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
Rent 95000 taxes 90100 total
11 All other items viz Postage expressage fuel light
and miscellaneous including 157333 paid on organiza
tion account
Total disbursements
Balance
073 33
56963 53
300 00
816 15
58130 70
65204 03
33015 00
12252 15
3361 73
5112 00
1851 00
2775 97
58367 87
6836 16568
ComptbollekGenerals Eepoet
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
safe machines etc
11 Deduct depreciation from cost of assets to bring s
to market value
Total net or ledger assets less depreciation
VContingent Assets
12 Interest accrued
15 Market value of bonds over cost
19 Annual payments or premiums due and
unpaid on memberships in force 2 324 60
20 Annual payments or premiums in process
of collection not yet due 57146 70
5500 00
1336 10
2454 25
2978 40
460 00
12728 81
21 Total due from members
22 Deduct estimated cost of collection
59471 30
24618 34
23 Net amount due from members
24 All other assets viz Revivals and all other sources
Total assets
VILiabilities
7 Borrowed money including 15000 interest due or accrued
on bond account
8 To officers or others for advanc
of organization
ices on account of expenses
Total liabilities
Business in the State of Georgia During the Year
No
Policies or certieatea in force December 31 1907 18821
rolicies or certificates written during the year 1908 14487
150 00
500 00
34852 96
564 15
36067 11
5650 00
2401 67
8051 67
Amount
465908 00
360000 00
Total
33308
Deduct number and amount which have ceased to be
in force during 1908 14 700
825908 00
356068 00
Total policies in force December 31 190818608 469 840 00ComptrollerGenerals Report 569
Losses and claims on policies or certificates incurred during
the year 1908 30915 00
Total 30915 00
Losses and claims on policies or certificates paid during the
year 1908 30915 00
BANKERS HEALTH AND LIFE INSURANCE COMPANY OF
MACON GA
P L Hay President P C Carries Secretary
Principal Office 509 Second St Macon Ga
Chas A Glawson Macon Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year including bonds office fixtures and furniture
7737 99
IIIncome During the Year
Gross amount paid by members tothe association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 3133 70
2 Annual dues 74730 91
Total paid by members
5 Interest
6 Rents
Total income
Total income
77864 61
175 00
60 00
78099 61

85837 60
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 21221 50
2 Annual payments and assessments re
turned to members 842 90
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
22064 40
40599 39
7686 90
37ins570
ComptrollerGenerals Report
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
onice employees
8 Bent 107275 taxes 125750 total
10 Advertising 41485 blanks and printing 118830 total
11 All other items viz Fuel lights postage express attor
neys fees etc
865 95
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account
1716 70
2330 25
1 1603 15
622 12
77488 86
8348 74
9 All other ledger assets i
10 Total net or ledger assets
VContingent Assets
19 Annual payments or premiums due and un
paid on memberships in force 6147 50
20 Annual payments or premiums in process
of collection not yet due 82476 75
21 Total due from members 88624 25
22 Deduct estimated cost of collection 17724 85
23 Net amount due from members
Total assets
VILiabilities
6 Due officers of company
8 Due president of company
9 Amount of all otheT liability viz Due president of com
pany balance on bonds 250000 due officers and
directors 375000 total
5000 00
262 15
186 59
2900 00
8348 74
70899 40
79248 14
1965 00
6230 70
6250 00
Total liabilities
14445 70ComptrollerGenerals Eepoet 571
Business in the State of Georgia During the Year
Ho Amount
Policies or certificates in force December 31 1907 18147 392698 00
Policies or certificates written during the year 1908 32033 704726 00
Total 50180 1097424 00
Deduct number and amount which have ceased to be
in force during 1908 25019 550418 00
Total policies in force December 31 190825161 547006 00
Losses and claims on policies or certificates incurred during
the year 1908 22064 40
Losses and claims on policies or certificates paid during the
year 1908 22064 40
CARROLL MUTUAL PIKE INSURANCE COMPANY OF
CARROLLTON GA
J C Bass President E W Kramer Secretary
Principal Office Bradley Building Carrollton Ga
John O Newell Carrollton Attorney for Service in Georgia
TCapital
1 Whole amount of capital stock guarantee fund 25000 00
2 Amount paid up in cash 1020 00
3 Amount in notes of the stockholders guarantee fund
notes 23980 00
IIAssets
13 Cash belonging to the company deposited in First National
Bank Carrollton Ga 850 70
16 Interest due and accrued on collateral loans and uncol
lected call loan 60 00
17 Cash in hands of agents and in course of transmission 576 72
18 Bill receivable not matured taken for fire marine and
inland risks 6T 35
All other assets both real and personal viz Bills re
ceivable 21100 onehalf interest in horse and buggy
7500 policy accounts 4680 total 332 80
Total assets of the company actual cash market value 1881 57572
ComptrollerGenerals Report
IIILiabilities
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 193237 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 4000 un
earned premiums pro rata
650 65
23 35
11 Total unearned premiums as computed above carried out 674 00
21 Joint stock capital actually paid up in cash guarantee
fund 809 00
22 Scrip outstanding bills receivable guarantee fund 211 00
23 Surplus beyond capital and all other liabilities 861 57
1 Amount of unearned premiums represented by install
ment notesbeing the whole amount of such notes 1881 57
4
IVIncome During the Year
Gross premiums on risks written and re
newed during the year 1996 63
Total 1996 63
Deduct premiums and bills in course of col
lection at this date 684 87
Entire premiums collected during the
year cash 131176 notes interest
135 6135 total 131176
Deduct reinsurance and return premiums 24 26
9
12
13
15
Net cash actually received for premiums carried out 1287 50
Income received from all other sources omitting increase
if any in value of securities viz Interest 7 35
Received for calls on guarantee fund 809 00
Aggregate amount of income actually received during the
year in cash 816 35
Total income
2103 85
VExpenditures Diring the Year
1 Cross amount actually paid for losses occurring in pre
vious years
125 00
ComptrolleeGenebals Eepokt 573
6 Paid for commissions or brokerage 21o 85
7 Paid for salaries fees and other charges of officers clerks
agents and ail other employees 255 00
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Charter
10000 expense 47230 onehalf interest in horse and
buggy 7500 total 647 30
esresate amount of actual expenditures during the year
fB 1253 15
in cas
Business in the State of Georgia During the Year
114275 00
Fire risks written
Premiums received gross
12o 00
Losses pa 0Q
Losses incurred
iiEROKEE INSURANCE COMPANY OF ROME GA
Paul C Jack President
H P Jack Secretary
Principal Office 420424 West Building Rome Ga
IBalance Sheet
5 Bonds of town of Pavo Georgia
5000 00
CONTINENTAL AID ASSOCIATION OF ATLANTA GA
f LeRoy Smith Secretary
B M Cross President J
Principal Office BrownRandolph Building Atlanta Ga
B M ross Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous

year
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
aS f0nWS 1898 80
1 Membership fees
5588 41574
ComptrollerGenerals Eeport
2 Annual dues
37572 48
Total paid by members
5 Interest
7 Cash received from all other sources
Bills payable
Total income
Total income and net or ledger assets
1LTDisbursements During the Year
1 Losses and claims detailed schedule filed 13175 75
Total paid to members
4 Commissions and fees retained by or paid to officers and
directors
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
8 Rent 92620 taxes 87203 total
10 Blanks and printing
11 All other items
Miscellaneous expenses 120511 loss and gain ac
count 13828 total
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
i ash in office
7 Cash deposited in banks on reserved fund account viz
Third National Bank Atlanta Ga
8 Agents ledger balances
9 All other ledger assets viz Furniture and fixtures
Total net or ledger assets less depreciation
VContingent Assets
19 Annual payments or premiums due and un
paid on memberships in force
39471 28
159 61
959 61
800 00
40430 89
46019 30
13175 75
2019 80
21229 31
179S 23
521 95
26912 68
1343 39
40088 43
5930 87
5100 00
29 01
489 43
43 20
269 23
5930 87
913 90ComptrollerGenerals Report 575
20 Annual payments or premiums in process
of collection not yet due 50811 80
21 Total due from members 51725 70
22 Deduct estimated cost of collection 10345 14
23 Net amount due from members 41380 56
Total assets 47311 43
VILiabilities
6 For salaries rents and office expenses 31 73
7 Borrowed money 8f0 00
Total liabilities 831 73
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 7151 261120 00
Policies or certificates written during the year 1908 14191 531723 00
Total 21342 792843 00
Deduct number and amount which have ceased to be
inforce during 1908 13360 529022 50
Total policies or certificates in force December
31 1908 7982 263820 50
Losses and claims on policies or certificates incurred during
the year 1908 13175 75
Total 13A75 75
Losses and claims on policies or certificates paid during the
year 1908 13175 75
THE FARMERS MUTUAL FIRE INSURANCE COMPANY OF GEORGIA
B F Melton President W H Gurr Secretary
Principal Office Dawson Ga
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 205 00576
ComptrollerGenerals Eeport
2 Annual dues
3 Assessments
783 00
1283 00
Total paid by members
Total income
2271 00
IIIDisbursements During the Tear
2271 00
1 Dosses and claims detailed schedule filed 1283 00
2 Annual payments and assessments re
turned to members goo 50
Total paid to memberst
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
8 Taxes
10 Advertising 500 blanks and printing 1000 total
1903 50
102 50
100 00
150 00
15 00
Total disbursements

2271 00
Business in the State of Georgia During the Year
No
Policies or certificates in force December 31 1907 937
Policies or certificates written and reinstated during
the year 1908 gQ
Amount
10170 00
510 00
Total 997
Deduct number and amount which have ceased to be
in force during 1908 50
10680 00
350 00
Total policies or certificates in force December
31 1908 947
Losses and claims on policies or certificates unpaid December
31 1907
Losses and claims oil policies or certificates incurred during
the year 1908
10330 00
200 00
1283 00
Total
1483 00
Losses and claims on policies or certificates paid during the
year 1908
1483 00ComptrollerGenerals Report 577
FARMERS COOPERATIVE EIRE INSURANCE COMPANY
OP GEORGIA
J W Carmichael President John T Goodman Secretary
Principal Office Jackson Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year 166 30
IIIncome During the Year
dross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 2394 11
3 Assessments for fire losses 8951 00
Total income 11345 11
Total income and net or ledger assets 11511 41
IIIDisbursements During the Year
2 Payments and assessments returned to members for losses
by fire 895L 00
4 Commissions and fees retained by or paid to officers and
directors 59ii 01
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 798 04
8 Fee 4000 taxes 3861 total 78 61
Total disbursements 11423 66
Balance 87 7u
IVInvested Assets
6 Cash in office 87 75
VContingent Assets
A 87 75
Total assets p
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1908 4222 4103610 00
Policies or certificates written during the year 1908 532 266644 00
Total 4754 43702i0058 ComptrollebGeneeals Keport
Deduct number and amount which have ceased to be
in force during 1908 296 136520 00
Total policies in force December 31 1908 4458 4233740 00
Losses and claims on policies or certificates unpaid December
31 1908 200 00
Losses and claims on policies or certificates incurred during
the year 1908 8957 m
Total 9151 00
Losses and claims on policies or certificates paid during the
ear 1908 8951 00
FARMERS MUTUAL INSURANCE ASSOCIATION OF GORDON
COUNTY GA
H B Herrington President j F Hurt Secretary
J G B Erwin Calhoun Attorney for Service in Georgia
Principal Office Oakman Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees
2 Annual dues
3 Assessments
2027 52
1176 00
7195 86
Total paid by members
Total income
HIDisbursements During the Tear
Total paid to members 4
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers ana
directors
7 Salaries and other compensation of officers and other
office employees borrowed money
8 Taxes
10 Advertising 767 blanks and printing 5217 total
10000 00
10399 38
10399 38
6916 81
2027 52
600 65
202 00
68 17
59 84OoMPTEOLLEfiGEJSTERAL s EePOKI 579
11 All other items viz Decrease from State 4000 five
agents 1500 Dalton 1000 Cartersville 1000
Calhoun 500 stamps 2847 total 108 47
Total disbursements 10003 49
Balance 395 89
IVInvested Assets
6 Cash in office 395 89
10 Total net or ledger assets 395 89
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1908 1500 1050720 00
Total 1500 1050720 00
Total policies or certificates in force December
311908 1500 1050720 00
9
Losses and claims on policies or certificates paid during the
year 1908 6916 81
FARMERS PROTECTIVE FIRE INSURANCE COMPANY OF GEORGIA
J L Chupp President J C Johnson Secretary
Principal Office Lithonia DeKalb County Ga
DP Philips Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year 455 34
11Income During the Year
uross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
3 Assessments 1877 00
7 Cash received from all other sources viz Premiums
108506 on reserve 50890 total 1593 96
Total income 3470 96580 ComptrollerGenebals Eepoet
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 7 2282 50
3 Commissions and fees paid to agents 542 53
7 Salaries and other compensation of officers and other
office employees go qq
8 Office rents 3364 taxes 4134 total 74 98
10 Advertising 1460 blanks and printing 1850 total 33 10
11 All other items viz License to State 40 00
Total disbursements 3 033 H
Balance 431 85
IVInvested Assets
6 Cash in office 431 85
Total net or ledger assets less depreciation 431 85
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1908 774 915574 00
Policies or certificates written during the year 1908 273 337123 00
Total 915574 00
Deduct number and amount which have ceased to be
in force during 1908 n 13582 00
Total policies in force December 31 1908 774 915574 00
Losses and claims on policies or certificates incurred during
the year 1908 2 82 50
Losses and claims on policies or certificates paid during the
vlr 190S 2282 50
FIRE INSURANCE COMPANY OF DALLAS GA
E W Y AJlgood President T P Williams Secretary
Principal Office Dallas Ga
A J Camp Dallas Attorney for Service in Georgia
II Income During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as followsComptrollerGenerals Eepgrt
581
1 Membership fees
3 Assessments
562 62
125 00
Total paid by members 687 62
7 Cash received from ail other sources viz Membership
fees 56262 assessments persons and present 21655 779 17
Total income
HiDisbursements During the Year
Total paid to members on losses
3 Commissions and fees retained by or paid to agents
7 Salaries and other compensation of officers and other
office employees
8 Taxes
10 Advertising blanks and printing
11 All other items viz License for company 4000 post
age 483 total
779 17
155 95
448 89
75 oa
13 80
24 50
44 8E
Total disbursements 762 97
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1908 648 595892 00
Policies or certificates written during the year 1908 138
Total 648 595892 00
Deduct number and amount which have ceased to be
in force during 1908 4 2800 00
Total policies or certificates in force December
31 19QO 648 595892 00
GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE
COMPANY OF AUGUSTA GA
J S Harper President H C Dugas Secretary
Principal Office 901 9th Street Augusta Ga
A M Sherrill Augusta Attorney for Service in Georgia
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows582
ComptrollerGenerals Eeport
1 Membership fees
2 Annual dues
545 25
2591 52
Total paid by members
5 Interest
7 Cash received from all other sources viz Cash special
license 3200 cash directors advertising organization
expenses 600000 cash directors advances for opera
tion 70000 total

Total income

IIIDisbursements During the Tear
230 00
1 Losses and claims detailed schedule filed
2 Annual payments and assessments re
turned to members
554 00
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
S Rent 7875 taxes 28000 total
10 Advertising 2375 blanks and printing 28230 totali
11 All other items viz Net cost of bonds 525000 office
equipment and supplies 40765 stationery and postage
808 fuel and light 755 attorney fees and miscella
neous 20357 freight and express 160 general ren
7510 total l
Total disbursements
Balance
j Invested Assets
5 Cost value of bonds and stocks owned absolutelv
6 Cash in office
All other deposits viz IrishAmerican Bank
8 Agents ledger balances
9 All other ledger assets viz Furniture and general
equipment
10 Total net or ledger assets a
11 Deduct depreciations from cost of assets to bring same
to market value
Total net or ledger assets less depreciation
3136 77
15 2S
6732 00
9884 05
784 00
2068 43
238 65
113 65
358 75
306 05
5953 5
1823 08
ill 97
5359 72
338 94
27 18
17 HI
600 00
6342 85
68 06
6274 79ComptrollerGenerals Report 583
VContingent Assets
12 Interest accrued 41 66
19 Annual payments or premiums due and
unpaid on memberships in force 487 10
20 Annual payments or premiums in process
of collection not yet due 25329 20
21 Total due from members 25816 30
22 Deduct estimated cost of collection 7598 76
23 Net amount due from members 18217 54
Total assets 24533 99
VILiabilities
6 For salaries rents and office expenses 450 00
7 Borrowed money including 935 interest due or ac
crued 709 35
8 To officers or others for advances on account of ex
penses of organization 6000 00
Total liabilities 7159 35
Business in the State of Georgia During the Year
No Amount
Policies or certificates written during the year 2892 86466 00
Deduct number and amount which have ceased to
be in force during 1908 621 12970 00
Total policies in force December 31 1908 2271 73496 00
Losses and claims on policies or certificates incurred
during the year 1908 9 230 00
Losses and claims on policies or certificates paid
during the year 1908 9 230 00
GEORGIA STATE FIRE ASSOCIATION OF DAWSON GEORGIA
J Mercer Bel President G M Roberts Secretary584
ComptrollerGenerals Report
THE GERMAN MUTUAL FIRE INSURANCE COMPANY OF
SAVANNAH GEORGIA
C H Konemann President pd Wessels Jr Secretary
Principal Office 17 Bay St E Savannah Ga
U H McLaws Savannah Attorney for Service in Georgia
ICapital
1 Guarantee fund 25000 00
2 Amount paid up in cash 14 890 00
IIAssets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 12 700 00
3 Interest accrued on all said bond and mort
gage loans 345 42
6 Total value of said mortgaged premises
carried inside 24500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company and carried out at market
i nvauve 8os o
IS Lash belonging to the company deposited in banks viz
Commercial Bank General Dept 168803 Commercial
Bank Savings Dept 628167 Commercial Bank Time
Certificate 100000 Germania Bank T C 200000
National Bank Time Certificate 100000 Citizens
Southern T C 100000 Peoples Savings L Co
Time Certificate 100000 total cash items 13 969 70
Furniture and fixtures
T loo 00
Ledger accounts 1 476 24
Total assets of the company actual cash market value 29088 94
HELiabilities
Guarantee fund lif8aQ 0O
21 Joint stock capital actually paid up in cash 14890 00
23 Surplus beyond capital and all other liabilities 14198 94
24 Aggregate amount of all liabilities including capital paid
up and net surplus 29088 94
IVIncome During the Year
7 Entire premiums collected during the
year in cash 7jli 06
9 Net cash actually received for premiums carried out 7036 Off
10 Received for interest on bonds and mortgages 993 Q2ComptrollebGenebals Repoet
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Time Certificate 24145 Savings Dept 26885 total
13 Eeceived for increase capital
15 Aggregate amount of income actually received during the
year in cash
VExpenditures During the Year
1 Gross amount actually paid 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 Advertising
25977 printing 1600 rent 42000 stationery
8375 total
Aggregate amount of actual expenditures during the year
in cash
Business in the State of Georgia During the Year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
585
24 00
510 30
1190 00
9753 38
202 99
1226 02
1741 00
254 33
779 52
4203 86
663890 00
8086 12
202 99
202 99
THE GINNERS MUTUAL INSURANCE COMPANY OF ATHENS GA
Alfred T Conway President M M Stephenson Secretary
Principal Office No 618 Southern Mutual Insurance Co Building
M M Stephenson Athens Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31 of previous
year 6512 40
IIIncome During the Year
Gross amount paid by members to the Association or its
agents without deductions for commissions or other ex
penses as follows
1 Membership fees 20408 40
Total paid by members 20408 40
7 Cash received from all other sources viz Add premium
38ins586 ComptbollebGeneeals Repobt
account 35 92
Earned premium account 157 44
Total income 20i601 6
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 5 e86 00
2 Annual payments and assessments returned to members 73 72
Total paid to members 5 759 jg
3 Commissions and fees retained by or paid to agents 469 33
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 3 346 46
8 Taxes aoc
365 76
10 Advertising 9C
11 All other items viz General expense account including
postage and interest account 3 470 91
Total disbursements 13634 58
IVInvested Assets
Balance 13479 58
6 Cash in office and deposited in bank on reserved fund
account viz Georgia National Bank 5 012 36
Bills receivable account 7W1 25
8 Agents ledger balances l 92 57
9 All other ledger assets viz Fixtures and supplies 303 40
Total net or ledger assets 13 479 rg
VILiabilities
2 Losses in process of adjustment or adjusted and not due
number of claims one j 528 25
4 Losses resisted by the company number of claims one 2250 00
Total liabilities 3 770 9r
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 174 322 875 00
Policies or certificates written during the year 1908 145 270665 00
Total 319 593540 00
Deduct number and amount which have ceased to
be in force during 1908 68 142 625 00
Total policies in force December 31 1908 306 450915 00I
ComptrollerGenerals Keport 587
Losses and claims on policies or certificates unpaid
December 31 1907 3 4950 00
Lasses and claims on policies or certificates incurred
during the year 1908 14 4326 00
Total 17 9276 00
Losses and claims on policies or certificates paid
during the year 1908 16 5686 00

GORDON COUNTY MUTUAL FIRE AND STORM ASSESSMENT INSUR
ANCE COMPANY OP CALHOUN GEORGIA
GREAT AMERICAN COOPERATIVE EIRE ASSOCIATION OF MACON
BIBB COUNTY GEORGIA
E L Martin President E W Gould Secretary
Principal Office 355 3d St Macon Ga
L D Moore Macon Attorney for Service in Georgia
II Income During the Year
2 Annual dues 1513 40
Total income 1513 40
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 18 00
3 Commissions and fees retained by or paid to agents 742 95
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 189 74
7 Salaries and other compensation of officers and other
office employees 144 28
8 Rent 7833 taxes 5313 total 131 46
10 Blanks and printing 197 40
Total disbursements 1423 83
Balance 89 57
VContingent Assets
16 Due from members for claims not yet as
sessed 2603 26
20 Annual payments or premiums in process
of collection not yet due 153 70588 ComptrollerGeneeals Bepobt
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1908 482 120400 00
Policies or certificates written during the year 1908 616
TotaI 1098
Deduct number and amount which have ceased to
be in force during 1908 134
Total policies in force December 31 1908 964
Losses and claims on policies or certificates incurred
during the year 1908 1
Total 18 00
GLOBE GOOPERATIVE FIRE ASSOCIATION OF ATLANTA GA
James L Mayson President J Wylie Smith Secretary
Principal Office 29 Whitehall Street Atlanta Georgia
IBalance Sheet
Amount of net or ledger assets December 31 of previous
year 398 20
IIIncome During the Year
7 Cash received from all other sources viz Annual
monthly and weekly premiums 1 321 86
Total income 4 j 301 gg
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 602 00
Total paid to members gQ2 00
3 Commissions and fees retained by or paid to agents 450 00
8 Taxes 17 55
10 Advertising j rn
Total disbursements 1 11 05
Ealance 599 01
IVInvested Assets
6 Cash in office 4
9 860
All other deposits viz Atlanta National Bank 386 41
9 All other ledger assets viz Office furniture and fixtures 125 00
Total net or ledger assets less depreciation 599 01ComptrollerGenerals Report 589
VContingent Assets
20 Annual monthly and weekly payments or
premiums in process of collection not
yet due estimated 2900 00
21 Total due from members 2900 00
22 Deduct estimated cost of collection 775 00
23 Net amount due from members 2125 00
Total assets 2724 01
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 442 37050 00
Policies or certificates written during the year 1908 279 27650 00
Total 721 64700 00
Deduct number and amount which have ceased to
be in force during 1908 158 18200 00
Total policies in force December 31 1908 563 46500 00
Losses and claims on policies or certificates incurred
during the year 1908 3 602 00
Losses and claims on policies or certificates paid dur
ing the year 1908 3 602 00
GUARANTY AID AND RELIEF SOCIETY OF SAVANNAH GA
L E Williams President Walter S Scott Secretary
Sol C Johnson Savannah Attorney for Service in Georgia
Principal Office 468 West Broad St Savannah Ga
IBalance Sheet
Amount of net or ledger assets December 31 of previous
year 1907 5513 71
ITIncome During the Year
1 Membership fees 314 80
2 Annual dues 13927 75
Total paid by members 14242 55
5 Interest 225 00590
ComptrollerGenerals Eeport
7 Cash received from all other sources viz Advanced
by manager Americus
Total income
Total
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed
2 Annual payments and assessments returned to members
Total paid to membersj
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Bent 28750 taxes 33565 total
10 Advertising
11 All other items viz Telephone 30 interest 444
postage and incidentals 28198 reduction loan 700
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
i ash in office
9 All other ledger assets viz Furniture and fixtures
Total net or ledger assets less depreciation
VContingent Assets
19 Annual payments or premiums due and
unpaid on memberships in force j7 70
20 Annual payments 01 premiumsin process
of collection not yet due is345 60
21 Total due from members
22 Deduct estimated cost of collection
18713 30
4078 32
23 Net amount due from members
Total assets
VILiabilities
7 Borrowed money
9 Amount of all other liability viz Due manager Americus
Total liabilities
9 76
14477 31
19991 02
5248 26
14 20
5262 46
4194 41
963 24
1918 45
623 15
6 00
1455 98
14423 69
5567 33
r22r 00
117 33
225 00
5567 33
14034 98
19602 31
4850 00
9 76
4859 76Comptroller Generals Eeport 591
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 4131 77071 00
Policies or certificates written during the year 1908 2844 66561 00
Total 6975 143635 00
Deduct number and amount which have ceased to
be in force during 1908 3668 57344 00
Total policies in force December 31 1908 3y307 86291 00
Losses and claims on policies or certificates incurred
during the year 1908 1480 5248 26
Losses and claims on policies or certificates paid
during the year 1908 1480 5248 26
HOME FRIENDLY SOCIETY OF BALTIMORE MARYLAND
Geo A Chase President B L Talley Secretary
Principal Office No 1026 Linden Ave Baltimore Md
Geo L DeGant Austell Bldg Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31 of previous
year 79535 90
IIIncome During the Year
Gross amount paid by members to the association or its
agents without deductions for commissions or other ex
penses as follows
1 Membership fees 1651 82
3 Assessments 360196
4 For medical examiners fees stationery 29721 and
duplicates 4790 total 345 11
Total paid by members 362193 28
5 Interest 1986 47
6 Rents 754 60
7 Cash received from all other sources viz Agents ad
vance returned 814 58
Agents bonds 200 00
Fire insurance dividend 432 58
Total income 366381 51
IIIDisbursements During the Year
1 Losses and claims 180236 55592
ComptrollerGenerals Eeport
Annual payments and assessments returned to members
975 and dividends 29815 total
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
6 Medical examiners fees whether paid direct by mem
bers or otherwise
7 Salaries and other compensation of officers and other
office employees
8 Bent 192360 taxes 375042 total
9 Advanced to officers and agents to be repaid out of
future salaries or commissions
10 Advertising and blanks and printing
11 Ail other items viz Postage 57827 attorney fees
135 office furniture 60224 interest 36895 total
Agents bonds paid 10000 real estate expense 83596
All other items of expense
Total disbursements
Bfalanee
1527 90
181764 45
38452 28
77758 55
3584 50
34368 29
5674 02
552 50
8395 84
1684 46
935 96
5455 39
358626 24
87291 17
IVInvested Assets
1 Cost value of real estate in cash exclusive of all ineum
brances
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
AH other deposits viz Old Town National 591262
Commonwealth 33318 Provident Savings 104268
Commonwealth Savings 104411 Central Savings 1
03500 Eutaw Savings 104268 Balto Trust and Guar
antee Co 6833 total
8 Agents ledger balances
9 All other ledger assets viz Bills receivable
10 Total net or ledger assets
11 Deduct depreciation from cost of assets to bring
to market value
Total net or ledger assets less depreciation
VContingent Assets
12 Interest due 85550 and accrued 59975 total
14 Market value of real estate over cost
17 Mortuary assessments due and unpaid on
memberships in force 9 934 qq
18389 81
38431 85
1144 86
10478 60
14806 05
4040 00
37291 17
2191 85
84799 32
1455 25
15750 00ComptrollerGenerals Eeport
593
21 Total due from members
22 Deduct estimated cost of collection
9934 00
1490 10
23 Net amount due from members 8443 90
24 All other assets viz Balance due on fire insurance 3442 42
Total assets
113890 89
VILiabilities
1 Losses due and unpaid number of claims one
2 Losses in process of adjustment or adjusted and not
due number of claims one
1000 00
500 00
Total liabilities
Business in the State of Georgia During the Year
No
Policies or certificates in forec December 31 1907 7961
Policies or certificates written during the year 1908 4771
Total 12732
Deduct number and rmount which have ceased to
be in force during 1908 3446
Total policies in force December 31 1908 9286
Losses and claims on policies or certificates incurred
during the year 1908 6935
Losses and claims on policies or certificates paid
during the year 1908 6935
1500 00
Amount
560420 00
333970 00
894390 00
241220 00
653170 00
24350 13
24350 13
INDUSTRIAL LIFE AND HEALTH INS CO OF ATLANTA GA
J N McEachern President I M Sheffield Secretary
Principal Office 502511 Austell Bldg Atlanta Ga
Walter McElreath 518 Peters Bldg Atlanta Attorney for Service in Ga
IBalance Sheet
Amount of net or ledger assets December 31 of previous
year
IIIncome During the Year
Gross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
56458 63594
Comptroller General s E e
EPORT
1 Membership fees
Annual dues
Total paid by members
5 Interest
Total income
CIIDisbursements During the Year

1 Losses and claims detailed schedule filed Weekly
indemnity 14473885 death claims 2603155 total
Annual payments and assessments returned to members
Total paid to members
3 Commissions and fees retained by or paid to agents
4 I ommissions and fees retained by or paid to officers
and directors
5 Salaries and traveling expenses of managers ofagencies
and general special and local agents
6 Medical examiners fees whether paid directby mem
bers or otherwise
7 Salaries and other compensation of offi
office employees
8 Rent 718964 taxes 906181 total
10 Advertising and blanks and printing
11 All other items viz R
Health Cos Business
Furniture and fixtures 100489 attorneys fees 1
40525 exchange 8880 postage telephone telegraph
and express 238746 all others 163332 total
Total disbursements
Balance

IV Invested Assets
2 Loans on bond and mortgage firsl liens on real estate
I ost value of bonds and stocks owned absolutely
All other deposits vix Third Nat Bank Atlanta Ga
1 arohna Trust Co Raleigh X c
9 All other ledger assets viz Loaned toAmerican As
surance Association
icers and other
teinsuring Southern Life
Total net or ledgei assets
VContingent Assets
12 Interest accrued
lo Market value of bonds and storks over cost
19 Annual payments or premiums due and
unpaid on memberships i force 3 S4
13754 90
451260 85
465015 75
3005 74
468021 49
170770 40
5107 90
175878 30
197220 94
40907 40
11786 68
18 00
7042 00
16251 45
4191 12
7865 40
6569 72
167731 01
56749 11
24400 0O
25000 00
5233 60
615 51
1500 00
56749 11
490 0
700 00ComptrollerGenerals Report 595
20 Annual payments or premiums in process
of collection not yet due 249282 80
21 Total due from members 253065 90
22 Deduct estimated cost of collection 25 63266 90
23 Net amount due from members 189800 00
24 All other assets viz Furniture and fixtures 750000
books and printing 50000 total 8000 00
Total assets 255739 11
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 43799 919779 00
Policies or certificates written during the year 1908 59917 733041 00
Total103716 1652820 00
Deduct number and amount which have ceased to
be in force during 190850369 479052 00
Total policies in force December 31 1908 53347 1173768 00
Losses and claims on policies or certificates incurred
during the year 1908 30728 121432 75
Losses and claims on policies or certificates paid
during the year 190830728 121432 75
LITE STOCK OWNERS PROTECTIVE ASSOCIATION
MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION
OF SAVANNAH GEORGIA
A Ranzin President W T McCoy Secretary
Principal Office 326 W Broad St Savannah Ga
S A Boorstine 902 Century Bldg Atlanta Attorney for Service in Ga
IBalance iSheet
Amount of net or ledger assets December 31 of previous
5995 71
year p
IIIncome During the Year
Gross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 1065 70
r i j 15464 90
2 Weekly dues
Total paid by members 16530 60596
ComptbollebGeneeals Repoet
7 Cash received from all oth
by officers
Total income
er sources viz Advanced
HIDisbursements During the Year
1 Losses and claims detailed schedule filed j
2 Weekly payments and assessments returned tomembers
Total paid to members
3 Commissions and fees retained by or paid toagents
5 Traveling expenses of managers of agencies and general
special and local agents
7 Salaries and other compensation of office employees
8 Bent 39300 taxes 33718 total
10 Advertising 5060 blanks and printing 16290Votai
11 All other items viz stationery
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
0 Cash in office
8 Agents ledger balances
9 All other ledger assets viz Office furniti
10 Total net or ledger assets
11 Deduct depreciation from cost ofassetsto bring
to market value
Total net or ledger assets less depreciation
VContingent Assets
15 Market value of bonds and stocks over cost
19 Weekly payments or premiums due and un
paid on memberships in force
20 Weekly payments or premiums in process
of collection not yet due
222 40
17976 00
21 Total due from members
22 Deduct estimated cost of collection 20
18198 40
per cent
23 Net amount due from members
Total assets
2948 55
19479 15
4526 45
66 90
4593 35
13557 76
44 00
163 00
730 18
213 50
104 10
19405 9
6068 97
5750 00
161 50
102 30
225 00
6293 97
250 00
6043 97
112 00
3639 68
14558 72
20714 69ComptrollerGenerals Report 597
VILiabilities
8 To officers or others for advances on account of expenses
of organization and bonds 8698 55
Total liabilities 8098 55
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 2742 88260 00
Policies or certificates written during the year 1908 7472 249154 60
Total10214 337414 60
Deduct number and amount which have ceased to be
in force during 1908 4985 184445 00
Total policies in force December 31 1908 5229 152939 60
Losses and claims on policies or certificates incurred
during the year 1908 1386 4526 45
Total 1386 4526 45
Losses and claims on policies or certificates paid dur
ing the year 1908 1386 4526 45
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF VALDOSTA GA
Allen V Simons President Wm A Simms Secretary
Principal Office Valdosta Ga
Wm A Wright Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year 10375 45
ITIncome During the Year
Gross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 2550 00
2 Annual dues 1723 21
3 Assessments oo v
7 Cash received from all other sources 10375 45
Total income 38600 86598 ComptrollerGenerals Report
HIDisbursements During the Year
1 Losses and claims detailed schedule filed 20849 00
Total paid to members j
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
7 Salaries and other compensation of officers and other
office employees
8 Eent 20000 taxes 14000 total
10 Advertising 9500 blanks and printing 7500 total
Total disbursements
Balance
IVInvested Assets
7 Cash deposited in banks on reserved fund account viz
Citizens Bank
All other deposits viz Citizens Bank
Total net or ledger assets less depreciation
VContingent Assets
18 Mortuary assessments not yet due 2 336 80
20 Annual payments or premiums in process
of collection not yet due
22 Deduct estimated cost of collection
2336 80
304 80
23 Net amount due from members
Total assets
VILiabilities
3 Losses reported for which assessments have not been
made number of claims four
Total liabilities
Business in the State of Georgia During the Year
20849 00
1650 00
3127 35
360 00
340 00
170 00
26496 35
12104 51
1236 63
10671 32
1190795
2032 00
2032 00
2032 00
2032 00
Policies or certificates in force December 31 1907 2150
Policies or certificates written during the year 19ns
No
151
600
Total
Deduct number and amount which have ceased to be
in force during 1908 9
5
Amount
12446 00
3048 00
15494 00
4663 44
ComptrollerGenerals Keport 599
Total policies or certificates in force December
311908 2032 10322 56
Losses and claims on policies or certificates unpaid
December 31 1907 4 2032 0C
Dosses and claims on policies or certificates incurred
during the year 1908 37 18596 00
Total 41 20828 00
Dosses and claims on policies or certificates paid dur
ing the year 1908 41 20828 00
MUTUAD DIFE INDUSTEIAD ASSOCIATION OF GEORGIA
John A Darwin President D H Fargason Secretary
Principal Office Southern Mutual Insurance Building Athens Ga
E K Dumpkin Athens Attorney for Service in Georgia
IBalance Sheet

Amount of net or ledger assets December 31st of previous
year
IIIncome During the Year
1 Membership fees
2 Annual dues
3 Assessments
17358 90
18784 92
238991 85
Total paid by members 275135 67
Total income
Total income and net or ledger assets
IIIDisbursements During the Year
72077 21
275135 67
347212 88
1 Losses and claims detailed schedule filed
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 129996 taxes 73888 total
209819 00
10842 12
31172 85
2700 00
13255 10
2038 84600 ComptbollebGenerals Repoet
10 Advertising 112659 blanks and printing 74255 total 1869 U
11 All other items viz Postage 1 468 17
BiaLrbursementsn
69326 92
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 0 000 0
6 Cash in office
7 Gash deposited in banks on reserved fund aceount 33461 00
8 Agents ledger balances Q
9 All other ledger assets
40U 001
Total net or ledger assets less depreciation 69 326 92
VContingent Assets
15 Market value of bonds and stocks over cost 4000 00
Ttal aSSets 73326 92
Business in the State of Georgia During the Year
v v No Amount
Policies or certificates in force December 31 1907 23988 35080469 00
Policies or certificates written during the year 1908 3323 1911850 00
TaI 27311 16092319 00
Deduct number and amount which have ceased to be
in force during 1908 8j257 3722000 00
Total policies in force December 31 190819054 13270319 00
Losses and claims on policies or certificates incurred
during the year 1908 254 13534 00
Total 7
2o4 135374 00
Losses and claims on policies or certificates paid dur
ing tne year 1908 254 13g374
NEW SOUTH MUTUALLIFE INSURANCE COMPANY OF
ATLANTA GA
B S Calhoun President W E Seeretarv
Principal Office 712 Temple Court Atlanta Ga
LBalance Sheet
Amount of net or ledger assets December 31st of previous
yCar 20369 00ComptbolleeGenebals Eefoet
IXIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees
2 Annual dues
3 Assessments
819 00
241 00
848 00
Total paid by members
7 Cash received from all other sources viz Borrowed
Total income
Total income and net or ledger assets
jJIDisbursements During the Year
2 Annual payments anu assessments re
turned to members
901 00
Total paid to members
3 Commissions and fees retained by or paid to agents
8 Rent 12000 taxes 28000 total
10 Blanks and printing
11 All other items viz Stamps 11963 other items 300
total
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutelyS
7 Cash deposited in banks on reserved fund account viz
Third National Bank Atlanta
10 Total net or ledger assets
VContingent Assets
16 Due from members for claims not yet
assessed p
179 00
21 Total due from members
24 All other assets viz Office fixtures 16000 stationery
10000 total
Total assets
VILiabilities
7 Borrowed money
601
1908 00
240 00
2148 00
22517 00
901 00
455 45
400 00
34 75
122 63
1913 03
20603 17
20000 00
603 17
20603 17
179 00
260 00
260 00
769 00
39ins602 ComptbolleeGenebals Report
8 To officers or others for advances on account of expenses
of organization
11 ou
Total liabilities 87
Business in the State of Georgia During the Year
T No Amount
lohcies or certificates in force December 31 1907 494 494 000 00
Policies or certificates written during the year 1908 299 299oOO 00
n tal 793 793000 00
Deduct number and amount which have ceased to be
in force during 1908 054
254000 00
Total policies in force December 31 1908 539 539 000 00
Losses and claims on policies or certificates incurred
during the year 1908 6 6fl0Q 0Q
Total T
6 6000 00
Losses ana claims on policies or certificates paid dur
ing tne year 1908 0
PILGRIM HEALTH AND LIFE INSURANT COMPANY OP
AUGUSTA GA
H C Young President Tll T w
1110s J Walker Secrotar
Principal Office 1143 Gwinnett St Augusta G
Wm A Wright Atlanta Attorney for Service in Geo
Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
Vear 7989 34
IIIncome During the Year
1 Membership fees S11
2 Annual dues o 9g
Total paid by members 24 22 50
5 Interest
200 00
7 Lash received iron all other sources viz Revivals
deficiencies ami endorsements 210 6
Tatal iucome 7wTs
Total income and net or ledger assets 33 122 49

CompteolleeGeneeals Eepoet
HIDisbursements During the Year
1 Losses and claims detailed schedule filed
2 Annual payments and assessments re
turned to members
12345 10
52 00
8
9
10
11
Total paid to members
Commissions and fees retained by or paid to agents
Commissions and fees retained by or paid to officers and
directors
Salaries and traveling expenses of managers of agencies
and general special and local agents
Salaries and other compensation of officers and other
office employees
Rent 31000 taxes 57300 total
Advanced to officers and agents to be repaid out of future
salaries or commissions
Advertising 7052 blanks and printing 43610 total
All other items viz Furniture and fixtures 19776
postage express and fuel 46415 total
Total disbursements
Balance
IVInvested Assets
Cost value of bonds and stocks owned absolutely
Cash in office
Cash deposited in banks on reserved fund account viz
IrishAmerican Bank
All other deposits viz IrishAmerican Bank
Agents ledger balances
All other ledger assets viz Furniture and fixtures
15
19
20
21
22
23
24
Total net or ledger assets less depreciation
VContingent Assets
Market value of bonds and stocks over cost
Annual payments or premiums due and un
paid on memberships in force
Annual payments or premiums in process
of collection not yet due
1621 15
37110 10
Total due from members
Deduct estimated cost of collection
38731 25
9682 81
Net amount due from members
All other assets viz Blanks printed matter and other
office supplies
603
12397 10
6110 62
1776 50
1224 94
1115 70
883 00
100 35
506 62
661 91
24776 74
8345 75
5200 00
132 16
450 25
207 52
1533 95
821 87
8345 75
200 00
29048 44
1912 50

Total assets

39506 69604 ComptrollerGenerals Eeport
VILiabilities
8 To officers or others for advances on account of expenses
n tof b0nds 5200 00
9 Amount of all other liability viz Printing 116 00
Total liabilities 5316 00
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 28175 563500 00
Policies or certificates written during the year 1908 8115 16200 00
tal 36290 726300 00
Deduct number and amount which have ceased to be
in force during 1908 9002 180040 00
Total policies in force December 31 190827288 546260 00
Losses and claims on policies or certificates incurred during
the year 1908 1234g 0
Ttal 12345 10
Losses and claims on policies or certificates paid during the
arl908 12345 10
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OF
CHATTANOOGA TENN
Thos Maclellan President Kollt j Magellan Secretary
Principal Office 105 East 7th St Chattanooga Tenn
Wm A Wright Atlanta Attorney for Service in Georgia
TBalance Sheet
Amount of net or ledger assets December 31st of previous
yeaT 35078 32
LTIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as followsCompteollebGenebals Repobt
605

1 Membership fees
2 Annual dues premiums collected
6563 20
64316 90
Total paid by members
5 Interest
Total income
Total income and net or ledger assets
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 22968 22
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
6 Medical examiners fees whether paid direct by members
or otherwise
7 Salaries and other compensation of officers and other
office employees
8 Rent 58000 taxes 35037 total
10 Blanks and printing
11 All other items viz Insurance department fees and
licenses 30301 legal expenses 33265 accounts
written off 69546 general expenses 107076 total
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
7 Cash deposited in banks on reserved fund account viz
Citizens National Bank Chattanooga subject to con
trol of Insurance Commissions of Tennessee
All other deposits viz Citizens National Bank Chatta
nooga checking account
8 Agents ledger balances
9 All other ledger assets viz Premiums collected and in
course of remittance
Total net or ledger assets less depreciation
VContingent Assets
70880 16
1000 00
71880 16
106958 48
22968 22
25232 38
10322 21
487 25
7243 00
930 37
830 36
2401 88
70415 67
36542 81
10000 00
20000 00
1861 35
4270 46
3195 25
39327 06
Total assets
39327 06608 ComptrollerGenerals Report
VILiabilities
9 Amount of all other liability viz Agents credit bal
ances
Total liabilities
2784 25
Business in the State of Georgia During the T
ear
No Amount
Policies or certificates in force December 31 1907 78 19266 00
Policies or certificates written during the year 1908 427 110020 00
Total 505 129286 00
Deduct number and amount which have ceased to be
in force during 190S 326
82746 00
Total policies in force December 31 1908 179 46540 00
Losses and claims on policies or certificates incurred
during the year 1908 C7 626 85
Total 67 GfTss
Losses and claims on policies or certificates paid
during the year 1908 67 66 85
STATE MUTUAL FIRE INSURANCE ASSOCIATION OF
GAINESVILLE GA
Daniel Bavenel President j L Whatley Secretary
Principal Office Over Post Office Gainesville Ga
W A Johnson Gainesville Attorney for Service in Georgia
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
Total paid by members 474 83
7 Cash received from all other sources viz In notes and
cash
1364 63
Ttal inCOme 1839 46
IIIDisbursements During the Year
3 Commissions and fees retained by or paid to agents 454 S7
8 Taxes
40 00
Total disbursements
494 87ComptrolleeGenebals Kefoet
607
VILiabilities
4 Losses resisted by the company Number of claims 2
same person 1256 00
Business in the State of Georgia During the Year
No
Policies or certificates in force December 31 1908
Amount
57244 00
STEELING MUTUAL LIFE INSURANCE COMPANY OF GEORGIA
F C Foster Sr President F C Foster Jr Secretary
Principal Office Madison Morgan County Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous

year
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as foiiows
1 membership fees 2067 00
2 Annual dues 909 00
3 Assessments 2221 25
Total paid by members
N
Total income v
Total income and net or ledger assets
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 2910 00
Total paid to members
3 Commissions and fees retained by or paid to agents
7 Salaries and other compensation of officers and other
office employees
8 Taxes
10 Advertising 1500 blanks and printing 5000 total
U All other items viz Electric lights stamps
Total disbursements
Balance
1258 00
5197 25
5197 25
6455 25
2910 00
1706 25
504 34
60 66
65 00
65 00
5311 25
1144 00
608 ComptrollerGenerals Report
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 5000 00
7 Cash deposited in banks on reserved fund account viz
Farmers Bank Monroe Ga 18500 City National
Bank Dublin Ga 19600 Bank of Crawford Ga
6500 National Bank Greensboro Ga 3900 Oconee
County Bank Watkinsville Ga 4000 Newton
County Bank Covington Ga 8000 Citizens Bank
Waynesboro Ga 600 Bank of Henry County MeDon
ough Ga 1900 Bank of Richland Ga 1700 Upson
Banking and Trust Co Thomaston Ga 2600 Morgan
County Bank Madison Ga 47100 total 1144 00
Total net or ledger assets less depreciation 6144 00
Business in the State of Georgia During the Year
No Amount
Policies or certificates in forceDecember 31 1907 1258 1258 00
Policies or certificates written during the year 1908 410 410 00
Total 1668 1668 00
Deduct number and amount which have ceased to be
in force during 1908 504 524 00
Total policies in force December 31 1908 1144 1 144 00
Losses and claims on policies or certificates paid during the
year 1908 2910 00
SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OF
THOMASVILLE GA
J S Ward Jr President T P Applewhite Secretary
Principal Office Thomasville Ga
E L Noel Thomasville Attorney for Service in Georgia
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 25 51
3 Assessments j ggO jg
Total paid by members 1 oda
Total income lfiQ5 8
ComptrollerGenerals Eeport 609
IIIDisbursements During the Year
Total paid to members 1668 00
3 Commissions and fees retained by or paid to agents 25 51
4 Commissions and fees retained by or paid to officers and
directors 212 35
Total disbursements 1905 80
VILiabilities
1 Losses due and unpaid Number of claims 1 160 00
8 To officers or others for advances on account of expenses
of organization 156 CO
Total liabilities 316 00
Business in the Stfte of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 402 360845 00
policies or certmeates written during the year 1908 8 5103 00
Total 410 365948 00
Deduct number and amount which have ceased to be
in force duriag 1908 160 152328 00
Total policies in force December 31 1908 250 213620 00
Losses and claims on policies or certificates incurred
during the year 1908 10 1880 35
Losses and claims on policies or certificates paid during the
year 1908 1880 35
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OP
MACON GA
C S Rambo President H E Harrison Secretary
principal Office 419 Second Street Macon Ga
Wade H Powell Macon Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year
IIIncome During the Year
Gross amount paid by members to the association or its ants
without deductions for commissions or other expenses
as follows
8121 34610 CompteollebGenebals Repobt
1 Membership fees 8563 54
2 Annual dues 439 35
3 Assessments 3 892 76
Total paid by members 12 897 66
7 Cash received from all other sources viz Advanced by
general agents 25000 00
Total income 37897 66
Total income and net or ledger assets 46 019 00
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 5771 93
2 Annual payments and assessments re
turned to members 538 88
Total paid to members 6 310 81
3 Commissions and fees retained by or paid to agents 284 83
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 4 226 29
8 Rent 30000 taxes 32198 total 621 9S
10 Advertising 1000 blanks and printing 23575 total 245 75
11 All other items viz Lights water stamps office furni
ture etc 28260 uncolleeted accounts brought over
from 1907 58197 total 864 57
Total disbursements 13 g4 23
Balance 32464 77
IVInvested Assets
2 Loans on bond and mortgage first liens on real estate 4000 00
3 Loans secured by pledge of bonds stock or other market
able collaterals g qq
6 ash in office 604 gj
Loan on notes 3500 00
All other deposils viz Hank of Edison 1344083 Bank
of Woodstock 30409 Peoples Savings Bank Thomas
ville 13994 Habersham Bank of Olarkesville la
9031 total 13975 17
8 Agents ledger balances 180 73
9 All other ledger assets viz Office furniture and sup
plies 64750 premium notes 5650 total 704 00
10 Total net or ledger assets 32 454
VILiabilities
2 Losses in process of adjust in m or adjusted and not due
Number of claims 2
ComptbollebGeneeals Kepobt 611
9 Amount of all other liability viz Reinsurance reserve
less 35 per cent expenses paid 4717 64
Total liabilities 5255 06
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 756 785350 00
Policies or certificates written during the year 1908 715 445663 00
Total 1471 1231013 00
Deduct number and amount which have ceased to be
in force during 1908 678 716821 50
Total policies in force December 31 1908 793 51419150
Losses and claims on policies or certificates unpaid
December 31 1908 2 537 42
Losses and claims on policies or certificates incurred
during the year 1908 35 6309 35
Total 35 6309 35
Losses and claims on policies or certificates paid during the
year 1908 5771 93
SOUTHERN LIFE INSURANCE COMPANY OP DAWSON GA
J M Bell President N C Loyless 1908 G M Roberts 1909 Secretary
Principal Office Dawson Ga
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year 1873 05
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 Membership fees 8256 00
2 Annual dues 3113 00
3 Assessments 29105 67
Total paid by members 40474 67
Total income 40474 67
Total income and net or ledger assets 42347 72612
ComptrollerGenerals Eeport
IIIDisbursements During the Year
1 Losses and claims detailed schedule filed 26000 00
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
6 Medical examiners fees whether paid direct by members
or otherwise
7 Salaries and other compensation of officers and other
office employees
8 Rent 12600 licenses and taxes 27788 total
10 Advertising 15000 blanks and printing 25000 total
11 All other items viz Stamps and envelopes 60000
office supplies fuel water and lights and telephone and
telegraph 12000 total
Total disbursements
Balance
26000 00
8256 00
1760 00
290 00
815 00
403 88
400 00
720 00
38644 88
3702 84
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely 20 000 00
7 Cash deposited in banks on reserved fund account viz
First State Bank Dawson Ga 3 702 84
10 Total net or ledger assets
23702 84
Business in the State of Georgia During the Year
Policies or certificates in force December 31 19071 864
Policies or certificates written during year 19082064
Tota1 3928
Deduct number and amount which have ceased to be in force durino
1908
Total ipolicies in force December 31 1908
709
19
Losses and claims on policies or certificates unpaid Dec 31 1907
Losses and claims on policies or certificates incurred during the
year 1908
Total
29
34
Losses and claims on policies or certificates paid dur
ing the year 1908 28 26000 00ComptrollerGenerals Report
613
SUNLIGHT INSURANCE COMPANY OF ATLANTA GA
S J Sheffield President E Y Crockett Secretary
Principal Office 1426 Empire Building Atlanta Ga
Walter MeElreath Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deduction for commissions or other expenses
as follows
2 Annual dues 9060 50
Total paid by members
Total income and net or ledger assets
IllDisbursements During the Year
1 Losses and claims detailed schedule filed
420 75
Total paid to members
3 Commissions and fees retained by or paid to agents
8 Rent 27600 taxes 17904 total
10 Blanks and printing
11 All other items viz Office furniture 3050 telephone
3726 postage and express 2705 total
Total disbursements
Balance
IVInvested Assets
i Cash in office i
7 Cash deposited in bankson reserved fund account viz
Fourth National Bank
Total net or ledger assets less depreciation
VContingent Assets
19 Annual payments or premiums due and un
paid on memberships in force
20 Annual payments or premiums in process
of collection not yet due
2126 30
18475 60
203 36
9060 50
9263 86
420 75
7947 86
455 04
77 45
94 81
8995 91
267 95
17 95
250 00
267 95
21 Total due from members
20601 90614 ComptrollerGenerals Report
22 Deduct estimated cost of collection 25
ler cent0 4618 90
23 Net amount due from members 15 983 00
24 All other assets viz Office furniture 12500 books
etc 7500 total 200 00
Total 16183 00
Total assets l64go 95
Business in the State of Georgia During the Year
No Amount
Polices or certificates in force December 31 1907 966 21305 00
Policies or certificates written during the year 1908 4U2 53850 00
Total 520S 75155 00
Deduct number and amount which have ceased to be
in force during 1908 3419 4l040 00
Total policies in force December 31 1908 1789 33115 00
SOUTHERN COOPERATIVE FIRE INSURANCE COMPANY OP
GRIFFIN GA
R L Williams President j M Strickland Secretary
Principal Of flee 121 and122 Hill Street Griffin Ga
IBalance Sheet
1 Amount of net or ledger assets December 31st of pre
vious yar 2000 00
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
3 Assessments 4 r qqq qq
Total income 2j000 00ComptrollerGenerals Keport
615
SOUTHERN MUTUAL LIFE INSURANCE ASSOCIATION OF
ATLANTA GA
Allen D Candler President Thos C Oandler Secretary
Principal Office 50234 Candler Building Atlanta Ga
A D Candler Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st of previous
year
IIIncome During the Year
Gross amount paid by members to the association or its agents
without deductions for commissions or other expenses
as follows
1 membership fees 14024 92
2 Annual dues 10374 84
3 Assessments 51218 55
Total paid by members
7 Cash received from all other sources viz Agents bal
ances paid 0500 general expense account 700 total
Total income
Total income and net or ledger assets
IIIDisbursements During the Year
49414 00
1 Losses and claims detailed schedule filed
2 Annual payments and assessments re
turned to members
02 33
Total paia to members
3 Commissions and fees retaineu by or paid to agents
4 Compensation paid to officers and directors
5 Salaries and traveling expenses of managers of agencies
anu general special and local agents
6 Commissions to branch treasurers account assessments
closed
7 Salaries and other compensation of officers and other
Oixice employees
8 Rent 2025 taxes 87837 total
9 Advanced to omcers and agents to be repaid out of
future salaries or commissions
10 Advertising 3662 blanks and printing 99648 post
age 275373 total
11 All other items viz General expenses 22228 ex
73372 01
75018 31
72 00
75090 31
149062 32
49476 33
7761 34
3500 00
1791 31
1844 80
4050 00
1598 62
1335 48
3786 83
616
CompteolleeGeneeals Eepoet
change 2104 office expenses 12812 legal 369211
total 4063 55
Furniture and fixtures purchased 1908 103 00
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund
account viz Atlanta Nat Bank At
lanta Oa Treas account 111369
Central Bank Trust Corp Atlanta
Ga Sect account 178983 total 2903 52
All other deposits viz Mortuary fund in hands of
local treasurers in their local banks
8 Agents ledger balances 59298 doubtful
9 All other ledger assets viz iBilJs receivable
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
17 Mortuary assessments due and unpaid on
memberships in force
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in process
of collection not yet due
21 Total due from members
22 Deduct estimated cost of Collection
2664 70
500 00
100 00
3264 70
79 95
23 Net amount due from members
24 All other assets viz Furniture and fixtures low es
timate
Stationery and supplies low estimate
Total assets
VIInabilities
2 Losses in process of adjustment or adjusted and not due
number of claims 8
5 National State or other taxes due for year ending De
cember 31 1908
79911 26
69151 06
55676 37
1536 69
7319 00 1335 48 380 00
69151 06 592 98
68558 08
3184 75
500 00
500 00
73242 83
1308 00
300 00ComptkollebGenerals Report 617
8 To officers or others for advances on account of expenses
of organization 1750 00
Total liabilities 3358 00
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 7128 1597857 00
Policies or certificates written during the year 1908 808 130962 00
Total 7936 1728819 00
Deduct number and amount which have ceased to
be in force during 1908 4970 1457968 00
Total policies in force December 31 1908 2966 27085100
Losses and claims on policies or certificates incurred
during the year 1908 123 26062 00
Losses and claims on policies or certificates paid
during the year 1908 123 26062 00
SOUTHERN LIVE STOCK INSURANCE COMPANY OF DALLAS GA
George W Cooper President W L Hunter Secretary
Principal Office Dallas Georgia
R E L VVhitworth Dallas Ga Attorney for Service in Georgia
UNION MUTUAL ASSOCIATION OF ATLANTA GEORGIA
T W Walker President William Driskell Secretary
Principal Office 210 Auburn Ave Atlanta Ga
Hon W A Wright Atlanta Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31 of previous
year including bonds 11567 86
ITIncome During the Year
Gross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 1607 45
2 Annual dues 82261 10
Total paid by members 83868 64
7 Cash received from all other sources viz Renewals
40ins618
ComptbolleeGeneeals Eepoet
66085 deficiency 125790 interest on bonds 200
all other sources 81510 total
Total income
IHDisbursements During the Year
1 Losses and claims
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 140860 taxes 110525 total
10 Advertising 28710 blanks and printing 29800 total
11 All other items viz Postage expressage and miscella
neous
Total disbursements
Balance
IVInvested Assets
Cost value of bonds owned absolutely
Cash in office
Cash deposited in banks on reserved fund account
All other deposits viz Penny Savings Bank Birming
ham Ala
Agents ledger balances
All other ledger assets viz Furniture fixtures safe
supplies machines
12
15
19
20
21
22
Total net or ledger assets
VContingent Assets
Interest due and accruedg
Market value of bonds over cost
Annual payments or premiums due and
unpaid on memberships in force 3971 50
Annual payments or premiums in process
of collection not yet due 136 820 20
Total due from members 140704 70
Deduct estimated cost of collection 36212 00
2933 85
86802 49
44726 75
44726 75
14398 90
14057 99
6188 80
2513 85
585 10
985 80
S345 7 19
14913 16
5100 00
100 00
1525 00
300 00
2904 16
4984 00
14913 16
100 00
100 00
23 Net amount due from members
104582 70ComptrollerGenerals Report 619
24 All other assets viz Revivals deficiency and all other
sources 1614 85
Total assets 106397 55
VILiabilities
4 Losses resisted ty the company 2 claims one for 1000
another for 5200 total 62 00
7 Borrowed money on bond account 800 00
Total liabilities 862 00
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1907 22588 637113 15
Policies or certificates written during the year 1908 21510 533080 00
Total44098 1170193 15
Deduct number and amount which have ceased to
be in force during 190816238 394316 00
Total policies or certificates in force December
31 190827860 775877 15
Losses and claims on policies or certificates unpaid
December 31 1907 2 02 00
Losses and claims on policies or certificates incurred
during the year 1908 8479 44726 75
Total 8479 44726 75
Losses and claims on policies or certificates paid
during the year 1908 8479 44726 75
CJNION FIRE INSURANCE COMPANY OF ATLANTA GEORGIA
Thos E McAfee President Geo C Garner Secretary
Principal O ce Atlanta Ga P O Box 910 307 Temple Court
A E Wilson Atlanta Attorney for Service in Georgia
IIIncome During the Year
Gross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
2 Annual dues 689 80
Total paid by members 89 80
Total income 689 80620 ComptkollekGenbkals Beport
HIDisbursements During the Year
3 Commissions and fees retained by or paid to agents 112 07
4 Commissions and fees retained by or paid to officers and
direetrs 394 os
7 Salaries and other compensation of officers and other
office employees 50 00
8 Bent 1250 taxes 4000 blanks and printing 18 75
total 71 25
Total disbursements 697 40
IVInvested Assets
7 Cash deposited in banks on reserved fund account 62 40
Total net or ledger assets less depreciation 62 40
VContingent Assets
24 AH other assets viz Book and blanks 3500 office
furniture 1500 total 50 00
Total assets n2 40
Business in the State of Georgia During the Year
No Amount
Policies or certificates written during the year 1908 98 1076 08
Deduct number and amount which have ceased to
be in force during 1908 39 386 2s
Total policies in force December 31 1908 59 689 80
UNION BENEFIT ASSOCIATION OF SAVANNAH GEORGIA
Dr S P Lloyd President P B Pettie Secretary
Principal Office 20 State St West Savannah Ga
Conn Barrow Mclntire Attorney for Service in Georgia
IBalance Sheet
Amount of net or ledger assets December 31st 1907 5 220 68
II Income During the Year
Gross amount paid by members to the association or itsComptrollerGenerals Eeport
621

agents without deductions for commissions or other
expenses as follows
3 Assessments
Total paid by members
5 Interest
Total income
IIIDisbursements During the Year
1 Losses and claims
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other of
fice employees
8 Rent taxes and commuted commissions
10 Advertising blanks and printing
11 All other items
Bills payable
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
All other deposits viz Exchange Bank of Savannah
4722 less cheeks outstanding 2419 net
9 All other ledger assets viz Charter 10000 office
fixtures 30000 total
Total net or ledger assets less depreciation
VContingent Assets
17 Mortuary assessments due and unpaid on
memberships in force 9429420

4898 40
21 Total due from members
22 Deduct estimated cost of collection
4898 40
734 76
23 Net amount due from members
Total assets
12582 53
12582 53
100 00
12682 53
4032 97
4032 97
4129 31
2578 01
843 74
395 01
91 15
154 88
475 11
12700 18
5203 03
5180 00
23 03
400 00
5603 03
4163 64
9766 67G ComptrollerGenerals Eeport
VILiabilities
9 Amount of all other liabilities 2 902 00
Total liabilities 2902 00
Business in the State of Georgia During the Year
No Amount
Policies or certificates in force December 31 1908 942 94 20
Policies or certificates written during the year 1908 7557
Total 8499
Deduct number and amount which have ceased to
be in force during 1908 7557
Total policies in force December 31 1908 942 94 20
Losses and claims on policies or certificates incurred
during the year 1908 4 032 97
Losses and claims on policies or certificates paid
during the year 1908 4 032 97
Y BSTEEN INSURANCE COMPANY OP CARROLLTON GEORGIA
E G Kramer President E V Kramer Secretary
John O Newell Carrollton Attorney for Service in Georgia
Principal Office Bradley Building Carrollton Georgia
IIIncome During the Year
Cross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees lj6 05
2 Annual dues ggg g
3 Assessments jgj gA
To ill paid ly members g 753 qq
5 Interest qq
i Rents 1
7 Cash received from all other sources 3 391 511
Totl1 income 3399 50
III Disbursements During the Year
3 Commissions and fees retained by or paid to agents 1566 59
4 Commissions and fees retained by or paid to officers
and directors i qq
5 Salaries ami traveling expenses of managers of agencies
and general special and local agents qq 45

ComptrolleeGeneeals Repoet
7 Salaries and other compensation of officers and other
office employees
8 Rent 14548 taxes 28720 total
10 Advertising 2390 blanks and printing 19759 total
11 All other items viz Expense 9720 attorneys fees
4000 stationery 750 total
Total disbursements
Balance
IVInvested Assets
5 Cost value of bonds and stocks owned absolutely
7 Cash deposited in banks on reserved fund account viz
First National Bank of Carrollton Georgia
8 Agents ledger balances
9 All other ledger assets viz Bills receivable 588900
accounts 30538 total
10 Total net or ledger assets
Total
VContingent Assets
13 Rents due
17 Mortuary assessments due and unpaid on
memberships in force
18 Mortuary assesments not yet due
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in process
of collection not vet due
21 Total due from members
22 Deduct estimated cist of collection 10
12 00
636 90
103 00
1737 00
2488 90
24 III
23 Net amount due from membei
6 211
161 65
332 68
221 49
144 70
3250 57 2901 93
5000 00
241 59 105 50
6194 38 2901 93
14443 40
7 00
2464 00
Total assets 16914 40
VILiabilities
5 National State or other taxes due 46 00
6 For salaries rents and office expenses 154 34
7 Borrowed money 255 00
9 Amount of all other liabilities viz Bills payable 4
03000 accounts 11125 total 4141 25
Total liabilities 4596 59
Business in the state of Georgia During the Year
No Amount
Policies or cci ti licates written during the year J908 596 292900 00
Total policies in force December 31 1908 596 292900 00
624
ComptrollebGenerals Eeport
THE ETNA INDEMNITY COMPANY OF HARTFORD CONN
Beekman Hunt President Charles I Brooks Secretary
Home Ofifcc 36 Pearl Street Hartford Connecticut
Joseph L Stoppelbein Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in eash 250000 00
2 Amount of ledger assets December 31 of
previous year 1066402 04
Extended at
1066402 04
HIncome
1 Gross premiums unpaid December 31 1907 Fidelity
1167737 surety 8115930 plate glass 2494489
burglary and theft 4722674 total
2 Gross premiums written and renewed during the year
Accident 32225 health 16750 fidelity 9463648
surety 27371846 plate glass 12973998 burglary
and theft 21341832 total
3 Total premiums Accident 32225 health 16750 fidel
ity 10631385 surety 35487776 plate glass 154
68487 burglary and theft 26064506 total
4 Deduct reinsurance Fidelity 842239 surety 14
67722 burglary and theft 2779952 total
5 Deduct return premiums on policies cancelled Fidelity
910835 surety 3825949 plate glass 2203029
burglary and theft 5237438 total
7 Deduct gross premiums in course of collection Accident
24725 health 13250 fidelity 1169833 surety
9147299 plate glass 2212252 burglary ami theft
2952546 total
8 Total deductions Accident 24725 health 13250
fidelity 2922907 surety 14443370 plate glass
4415881 burglary and theft 10969936 total
9 Net cash received for premiums Accident 7500 health
3500 fidelity 7708478 surety 21044406 plate
glass 11052606 burglary and theft 15094570 total
21 Gross interest on mortgage loans
23 Gross interest on bonds and dividends on stocks less
43197 accrued interest acquired during 1908
24 Gross interest on deposits in trust companies and banks
25 Gross interest from all other sources
165008 30
712002 99
877011 29
50899 13
121778 51
155199 i5
327900 69
5491 ID 60
2340 50
26437 53
1842 60
860 81
27 Total gross interest and rents
28 From other sources viz
31481 44ComptrollerGenerals Report
625
29 Premiums paid in advance 1908 76516
less 1907 73019 net 34 97
30 Miscellaneous 744 35
31 Suspense account 337 42
32 Premiums in suspense awaiting final dis
position gross 128893 less 1907
46981 net 819 12
Total
34 Gross profit on sale or maturity of ledger assets viz
Mortgages
36 Total income
IIIDisbursements
1 Gross amount paid for losses Fidelity 2447351 sure
ety 8566823 plate glass 3864370 burglary and
theft 6810476 total
2 Deduct reinsurance Surety 507287 burglary and
theft 739757 total
3 Deduct salvage Fidelity 199640 surety 2344449
plate glass 74667 burglary and theft 21606 total
4 Total deduction Fidelity 199640 surety 2851736
plate glass 74667 burglary and theft 761363 total
5 Net amount paid policyholders for losses Fidelity 22
47711 surety 5715087 plate glass 3789703
burglary and theft 6049113 total
16 Investigation and adjustment of claims viz Fidelity
365046 surety 4302981 burglary and theft 1
68868 total
22 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident 1625 fidelity 1761233 surety 54553J9
plate glass 4061044 burglary and theft 4412257
total
27 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
28 Salaries traveling and all other expenses of agents not
paid by commissions
30 Inspections other than medical and claim
31 Rents
34 State taxes on premiums
35 Insurance department licenses and fees
36 All otheT licenses fees and taxes viz
37 Municipal licenses 732 53
38 Tax on capital 4000 00
39 Tax on personal property 155 52
Total p
1935 86
175 76
582703 66
216890 20
12470 44
26403 62
38874 06
178016 14
48368 95
150914 78
104383 48
26535 96
272 07
18679 57
9343 87
6860 17
05626
ComptbollebGenebals Repoet
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
47 Other disbursements viz
48 Agency expense
49 General expense
50 Office expense
51 Traveling expense
Total
53 Gross loss on sale or maturtiy of ledger
assets viz
Bonds t
Stocks
6017 31
3902 62
4878 88
5233 01
149871 14
11733 93
Total
55 Total disbursements
8
9
10
11
12
IVLedger Assets
Book value of real estate
Mortgage loans on real estate first liens
Book value of bonds 35929118 and book value of
stocks 34303104 total
ash in companys office and in transmission
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
Bills receivable secured by notes
Other ledger assets
Assignment of 536 of deposit of Village of Cleveland
Heights Ohio in Reserve Trust Co This represents
70 per cent of this companys proportion of assignment
less dividends already received
Advances on contract
Debit differences
I Ledger assets
NonLedger Assets
14 Interest due 2875 and accrued 13352
on mortgages r
15 Interest accrued on bonds
L62 27
4789 95
Total
21 Gross premiums in course of collection viz
1 On policies or renewals issued on or after October 1 1908
Accident 24725 health 13250 fidelity 876407
surety 3321335 plate glass 1920914 burglary and
theft 2472803 total

21930 97
817 14
13033 09
13781 57
2242 00
20031 82
161605 07
787704 70
6250 00
6i905 07
702322 22
75 76
29974 29
33240 in
1066 46
I 1681 25
1321 32
1431 58
1675 04
861401 00
4952 22
86294 3 1ComptrollerGeneral s Report
627
2 On policies or renewals issued prior to October 1 1908
Fidelity 293426 surety 5825964 plate glass 2
91338 burglary and theft 479743 total
38 Reinsurance due on claims paid
68904 71
2433 13
40 Gross assets 1023985 40
Deduct Assets Not Admitted
46 Gross premiums in course of collection written prior to
October 1 1908 68904 71
47 Book value of ledger assets over market value viz
Bonds and stocks 3690316 mortgage San Diego Co
Gal 190000 debit differences 167504 advances
on contracts 143158real estate Depew N Y
25000 bills receivable secured by notes 106646 total 43226 24
Admitted assets
911854 45
VLiabilities
1 Losses and claims adjusted Burglary and theft
2 Losses and claims in process of adjustment Fidelity
21019 surety 4453177 plate glass 188353 bur
glary and theft 254490 total
3 Losses and claims reported proofs not received Bur
glary
4 Losses and claims resisted Fidelity 4221691 surety
28619315 burglary and theft 420330 total
5 Total losses and claims Fidelity 4242710 surety 330
72492 plate glass 188353 burglary and theft
1129260 total
Deduct reinsurance Fidelity 971653 surety 122
43782 burglary 63757 total
Net unpaid claims except liability claims Fidelity 32
71057 surety 20828710 elate glass 188353 bur
glary and theft 1065503 total
6
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 53754235 un
earned premiums 50 per cent and pro
rata
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 4328155
unearned premiums pro rata
203497 26
2371 22
687 60
49170 39
3856 80
332613 36
386328 15
132791 92
253536 23
253536 23
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
287210 48628
ComptrollebGenerals Eepoet
after October 1 1908 viz Accident 7242 health
3083 fidelity 193710 surety 714228 plate glass
688448 burglary and theft 638483 total
27 Salaries rents expenses bills accounts fees etc due or
accrued
32 Beturn premiums
33 Beinsurance
34 advance premiums 100 per cent
35 Other liabilities viz Premiums in suspense less com
missions
44 Total amount of all liabilities except capital
45 Capital actually paid up in cash 250000 00
46 Surplus over all liabilities 86545 41
22451 94
1137 43 3340 17 5947 33 765 16 920 30
575309 04
4 Surplus as regards polieyholders
336545 41
48 Total liabilities Q11e1
9118o4 4o
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Fidelity 126628 surety 923258 plate
glass 47465 burglary and theft 53714 total n 10 65
Gross losses paid Fidelity 187868 surety 452129 plate
glass 58727 total 6 987 24
THE AETNA ACCIDENT AND LIABILITY COMPANY OP
HABTFOBD CONNECTICUT
M G Bulkely President T H R
8 Bowe Secretary
Wm A Wright Atlanta Attorney for Service in Georgia
Home Office 650 Main Street Hartford Conneetjcttt
ICapital Stock
1 Amount of capital paid up
lsh 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 759 687 23
Extended at
759687 23
IIIncome
1 Gross premiums unpaid December 31 last year Auto
property damage
2 Gross premiums written and renewed during the year
1612 15ComptrollerGenerals Report
Plate glass 79803 burglary and theft 347956 auto
property damage 6590482 total
3 Total Plate glass 79803 burglary and theft 347956
auto property damage 6751697 total
4 Deduct gross premiums now in course of collection Plate
glass 66881 burglary and theft 315046 auto prop
erty damage 949590 total
5 Entire premiums collected during the year
6 Deduct reinsurance return premiums and cancellations
Burglary and theft 32910 auto property damage
935661 total
7 Net cash actually received for premiums Plate glass
12922 auto property damage 4866446 total
18 Total net cash actually received for premiums
20 Interest on mortgage loans 17582 87
21 Interest on collateral loans 502 29
22 Interest on bonds and dividends on stock 8586 11
23 Interest on deposit 2 57
26 Total interest and rents
629
70182 41
71794 56
13315 17
156904 29
9685 71
48793 68
48793 68
26673 84

38 Total income
75467 52
IIIDisbursements
1 Gross amount paid for losses Auto property damage
13 Totals
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes viz
Plate glass 4059 auto property damage 1170589
total
19 Stockholders for interest or dividends amount declared
during the year 2000000
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 50000 for companys occupancy of its
own buildings
27 All other taxes licenses and insurance department fees
28 Legal expenses
v29 Advertising
30 Printing and stationery
31 Postage and express telegraph and telephone
32 Furniture and fixtures
6923 23
6923 23
11746 48
20000 00
2589 66
422 30
30 14
500 00
9580 32
50 00
86 84
3936 46
277 74
826 71
630
CompteollebGenebals Eepoet
37 All other disbursements viz Municipal 25150 inci
dental expenses 21763 total
46 utal disbursements
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 31345 deposited in banks
6302635 total
6 Bills receivable
11 Ledger assets

NonLedger Assets
12 Interest accrued on mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
472 27
1625 00
625 00
Total
19 Gross premiums in course of collection viz
1 On policies or renewals issued subsequent to October 1
1908 ate glass 66S81 burglary and theft 3
15046 auto property damage 797906 total
2 On policies or renewals issued prior to October 1 1908
auto property damage
Total
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable qq go
43 Gross premiums in course of collection
written prior to October 1 1908 1516 84
44 Book value of ledger assets over market
value 1406 25
Total
51 Admitted assets
VLiabilities
1 Losses ana claims in process of adjustment Auto prop
erty damage j
2 Losses am claims resisted Auto property damage
3 Total losses and claims
18 Total unpaid claims and expenses of settlement
469 13
57439 01
450500 00
25000 00
238406 25
63339 80
469 69
777715 74
6973 27
11798 33
1516 84
13315 17
798004 18
3392 78
794611 40
7459 75
1708 00
9167 75
9167 75CompteollebGenebals Repobt 631
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy o49 7433 un
earned premiums 50 per cent 27487 16
20 iross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 53357
unearned premiums pro rata 309 63
21 Total unearned premiums 27796 9
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued sub
sequent to October 1 1908 viz Plate glass 22293
burglary and theft 94514 auto property damage
199477 total 3162 84
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 500 00
33 Other hauiuaes viz State county and municipal taxes
due or accrued 7660 82
42 Total amount of all liabilities except capital 48288 20
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 246323 20
45 Surplus as regards policyholders 746323 20
46 Total liabilities 794611 40
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year viz Plate glass 7474 automobile property
damage 27417 total 348 91
AMERICAN FIDELITY COMPANY OF VERMnvr
James W Brock President Harlan W Kemp Secretary
Wm A Wright Atlanta Attorney for Service in Georgia
Home Office Montpelier Vt
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 536368 60
Extended at
536368 60632 ComptrollerGenerals Eeport
IIIncome
1 Gross premiums unpaid December 31 last year Accident
1448975 liability 5030535 surety 1374945 bur
glary and theft 632154 total
2 Gross premiums written and renewed during the year
Accident 10702276 health 2461187 liability 343
03973 fidelity 2448567 surety 2614545burglary
and theft 6091762 property damage 324549 total
3 Total Accident 12151251 health 2461187 liability
39334508 fidelity 2448567 surety 3989490 bur
glary and theft 6723916 property damage 324549
total
4 Deduct gross premiums now in course of collection Acci
dent 1999569 liability 6017401 surety 1661679
burglary and theft 1196185 total
5 Entire premiums collected during the year Accident
10151682 health 2461187 liability 33317107
fidelity 2448567 surety 2327811 ibulglary and
theft 5527731 property damage 324549 total
6 Deduct reinsurance return premiums and cancellations
Aceident 3027882 health 720159 liability 84
98564 fidelity 305261 surety 369809 burglary
and theft 1204931 property damage 62704 total
7 Net cash actually received for premiums Accident
7123800 health 1741028 liability 24818543
fidelity 2143306 surety 1958002 burglary and
theft 4322800 property damage 261845 total
19 Policy fees required or represented by applications
22 Interest on bonds and dividends on
stocks 16733 57
23 Interest on deposit 2 262 16
26 Total interest and rents
38 Total income
IIIDisbursements
1 Gross amount paid for losses Accident 3094949
health 888876 liability 5896420 fidelity 845478
surety 4677167 burglary and theft 1244059 auto
property damage 72943 total
2 Deduct salvage and reinsurance Accident 19505
health 31285 fidelity 23544 surety 1067279
burglary and theft 24273 total
84866 0
589468 59
674334 68
108748 34
565586 34
141893 1ft
423693 24
423693 24
18995 73
442688 97
167198 92
11658 86ComptrollerGenerals Report
633

3 Xet amount paid policyholders for losses Accident 30
75444 health 857591 liability 5896420 fidelity
821934 surety 3609888 burglary and theft 12
19786 auto property damage 72943 total 155540 06
4 Investigation and adjustment of claims Accident
92744 health 9700 liability 2334985 fidelity
91814 surety 207000 burglary and theft 121241
auto property damage 8300 total 28657 84
5 Totals Accident 3168188 health 867291 liability
8231405 fidelity 913748 surety 3816888 bur
glary and theft 1341027 auto property damage
81243 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 3294298 liability 7908811 fidelity and
surety 1387571 burglary and theft 1506632 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
23 Inspections other than medical
24 Rents
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
37 All other disbursements viz dividends 1250000 fire
insurance 2680 traveling 237489 total
46 Total disbursements
IVLedger Assets
4 Book value of bonds excluding interest
5 Cash in companys office 471598 deposited in banks
6083770 total
11 Ledger assets
NopLedger Assets
13 Interest accrued on bonds 6100 36
15 Interest accrued on other assets 803 17
Total
19 Gross premiums in course of collection viz
184197 90
140973 12
15850 11
8205 18
1951 13
199 67
8740 94
497 91
2519 11
4998 93
3040 11
4250 79
14901 69
390335 59
523168 30
65553 68
588721 98
6903 53
41ins634
ComptkollerGenekals Eepokt
On policies or renewals issued subsequent to October 1
1908 Accident 187297 liability and property dam
age 5477563 fidelity and surety 964018 burglary
and theft 1125938 total
On policies or renewals issued prior to October 1 1908
Accident 126596 liability and property damage 5
39838 fidelity and surety 697601 burglary and
theft 70247 total
37 Gross assets
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1908 14342 82
44 Book value of ledger assets over market
value viz Bonds 17808 30
Total
51 Admitted assets

VLiabilities
1 Losses and claims adjusted Accident 6728 health
4000 surety 93014 burglary and theft 66690
total
2 Losses and claims in process of adjustment Accident
608964 health 134750 fidelity 75064 surety 9
86844 burglary and theft 346330 auto property
damage 15500 total
3 Losses and claims resisted Accident 200000 fidelity
121016 surety 126929 burglary and theft
145200 total
4 Total losses and claims Accident 815692 health 1
38750 fidelity 196080 surety 1206787 burglary
and theft 558220 auto property damage 15500
total
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
loss from date of policy 38622679 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
193113 40
94405 52
14342 82
704373 85
32151 12
672222 73
1704 32
21674 52
5931 45
29310 29
29310 29
75082 83
104393 12
ComptrollerGenerals Report
635

one year from date of policy 5078417
unearned premiums pro rata
36329 27
21 Total unearned premiums 229442 67
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1908 viz Accident 703507
liability 1776811 fidelity and surety 224320 bur
glary and theft 391532 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance
33 Other liabilities viz Rent
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 250000 00
44 Surplus over all liabilities 48919 10
45 Surplus as regards policyholders
46 Total liabilities
30961 70
7992 55
341 92
171 67
373303 63
298919 10
672222 73
Business in the State of Georgia During the Year
Gross premiums in course of collection December 31 previous
year Accident 1448975 liability 5030535 surety
1374945 burglary and theft 632154 total 84866 09
Deduct the amount of same not collected or charged off dur
ing the year Accident 14250 liability 113917
surety 444858 total 5730 25
Amount of same collected during the year Accident 14
34725 liability 4916618 surety 930087 burglary
and theft 632154 total 79135 84
AMERICAN CASUALTY COMPANY READING PENNSYLVANIA

E P VanReed President H H Shomo Secretary
Home Office 15 North Fifth St Reading Pennsylvania
Frank D Melhuish Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets December 31 of
previous year 174235 62
3 Increase of paidup capital during year 100000 00
Extended at
274235 62636
ComptrollerGenerals Eeport
IIIncome
1
18
19
20
22
23
Gross premiums unpaid December 31 last year Accident
and health 726060 liability 724617 plate glass
338930 steam boiler 63400 burglary and theft
55656 total
Gross premiums written and renewed during the year
Accident and health 12545041 liability 3152510
plate glass 2371053 steam boiler 662600 burglary
and theft 606550 total
Total premiums Accident 13271101 liability 38
77127 plate glass 2709983 steam boiler 726000
burglary and theft 662206 total
Deduct gross premiums now in course of collection
Accident and health 999213 liability 582192
plate glass 546645 steam boiler 111212 burglary
and theft 63952 total
Entire premiums collected during the year Accident
and health 12271888 liability 3294935 plate glass
2163338 steam boiler 614788 burglary and theft
598254 total
Deduct reinsurance return premiums and cancellations
Accident and health 2430655 liability 693873
plate glass 633241 steam boiler 184606 burglary
and theft 147844 total
Net cash actually received for premiums Accident and
health 9841233 liability 2601062 plate glass 15
30097 steam boiler 430182 burglary and theft 4
50410 total
Total net cash actually received for premiums
Policy fees required or represented by applications
Interest on mortgage loans 4783 63
Interest on bonds and dividends on stock 5782 45
Interest on deposit 420 38
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz Bonds
32 From all other sources viz
33 Surplus 25000 00
34 Commission on bonding business 1303 43
35 Agents balances previously charged off 26 37
Total
38 Total income
IIIDisbursements
1 Gross amount paid for losses Accident and health 51
19086 63
193377 54
212464 17
23032 14
189432 03
40902 19
148529 84
148529 84
17041 00
10986 46
25 00
26329 80
202912 10ComptrollerGenerals Report
637
ill
72427 liability 343235 plate glass 536706 steam
boiler 12500 burglary and theft 142725 total
2 Deduct salvage and reinsurance Accident and health
3 Net amount paid polieyholders for losses Accident and
health 5159927 liability 343235 plate glass 5
36706 steam boiler 12500 total
5 Totals Accident and health 5159927 liability 3
43235 plate glass 536706 steam boiler 12500
burglary and theft 142725 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident and health 2466201 liability 412193 plate
glass 467555 steam boiler 65944 burglary and
theft 95447 total
18 Policy fees retained by agents
19 Stockholders for interest or dividends
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
23 Inspections other than medical
24 Rents
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising printing and stationery
31 Postage and express
32 Furniture and fixtures
33 Loss on sale or maturity of ledger assets viz Bonds
37 All other disbursements viz
39 Sundry office expense 1901 95
40 Commission paid to special agents for 1907
business 509 57
42 Agents balances charged off 119971
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 office 90250 deposited in banks
3369513 total
6 Bills receivable
11 Ledger assets
62075 93
125 00
61950 93
61950 93
35033 40
17041 00
21000 00
10252 47
11279 35
359 00
2379 10
1668 50
2690 18
1060 97
3249 13
1634 28
241 90
17 50
3611 23
173468 94
117240 00
150632 03
34597 63
1209 12
303678 78638
ComptbollerGeneeals Report
NonLedger Assets
12 Interest due 26650 and accrued 1
39574 on mortgages
13 Interest accrued on bonds
1662 24
1600 08
Total
18 Market value of bonds and stock over book value
20 On policies or renewals issued subsequent to October 1
Accident and health 847326 liability 413117 plate
glass 460080 steam boiler 55975 burglary and
theft 57652 total
21 On policies or renewals issued prior to October 1 Acci
dent and health 151887 liability 169075 plate
glass 86565 steam boiler 55237 burglary and
theft 6300 total
3262 32
2802 97
IS341 50
4690 64
37 Gross assets
332776 21
Deduct Assets Not Admitted
39 Mills receivable 1209 12
43 Gross premiums in course of collection
written prior to October 1 4690 64
Total
51 Admitted assets
5899 76
326876 15
VLiabilities
1 Losses and claims in process of adjustment Accident
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 7606928 un
earned premiums 50 per cent 38034 64
20 iross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 734046
unearned premiums pro rata 1236 52
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued suli
sequenl to October 1 viz
23 Acchlcni ami health 303926 liability 99148 plate
3500 00
1500 00
5000 00
42271 16
ComptrollerGenerals Report 639
glass 153621 steam boiler 15113 burglary and
theft 19602 total 5914 10
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 73691 19
45 Surplus as regards policyholders
46 Total liabilities
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed dur
ing the year Accident and health 106960 liability
60362 plate glass 41230 burglary and theft 4100 2126 52
2 Gross losses paid Accident and health 4803 liabil
ity 300 plate glass 832 total 59 35
53185 26
273691 19
326876 45
AMERICAN SURETY COMPANY OF NEW YORK
Henry D Lyman President H B Zevely Secretary
Home Office 100 Broadway New York City New York
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 December 31 of
previous year 6519443 22
Extended at 6519443 22
IIIncome
1 Gross premiums unpaid December 31 1907 Fidelity
7284948 surety 24041471 total 313264 19
2 Gross premiums written and renewed during the year
Fidelity 108063760 surety 154109155 total 2621729 15
3 Total premiums Fidelity 115348708 surety 1781
50626 total 293499334
5 Deduct return premiums on policies cancelled Fidelity
10844844 surety 33870255 total
6 Deduct premiums on policies not taken Fidelity 25
57094 surety 2197687 total
7 Deduct premiums in course of collection Fidelity 61
65736 surety 27758590 total
8 Total deductions Fidelity 19567674 surety 638
26532 total
447150 99
47547 81
339243 26
833942 06640 ComptkollekGenerals Eepobt
9 Net cash received for premiums Fidelity 95781034
surety 114324094 total 2101051 28
22 Gross interest on collateral loans 786 20
23 Gross interest on bonds and dividends on
stocks less 404900 accrued interest on
bonds acquired during 1908 123 432 77
24 Gross interest on deposits in trust com
panies and banks q goo 74
25 Gross interest from all other sources 126 54
26 Gross rents from companys property in
cluding 4068000 for companys occu
pancy of its own buildings 331277 74
27 Total gross interest and rents 172 423 99
28 Prom other sources viz
29 Checks of other parties in process of col
lection December 31 1908 2 094 38
30 Checks of other parties in process of col
lection December 31 1907 1 342 14
Net 752 24
Premiums paid in advance Dec 31 1908 26848 79
31 Premiums paid in advance Dec 31 1907 25806 20
Net 1042 59
32 Bills payablediscounted 100 000 00
Tota1 101794 83
34 Gross profit on sale or maturity of ledger
assets viz
Bonds 1954 69
Stocks 9800 00
Total 11754 69
36 Total income J 2687024 79
IIIDisbursements
1 Gross amount paid for losses Fidelity 33880137
surety 86977005 total 1 25S 577 4
3 Deduct salvage Fidelity 12446510 surety 67998717
t0taI 804452 27
4 Total deduction Fidelity 12446510 surety 679
98717 total 0
5 Net amount paid policyholders for losses Fidelitv
26433627 surety 18978888 totaJ 454125 15
16 Investigation and adjustment of claims viz Fidelity 2307s 75ComptrollerGenerals BePort
641
23
28
30
31
32
33
34
35
36
37
38
39
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 5976954 surety 11310260 total
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
Inspections other than medical and claim
Rents including 4068000 for companys occupancy of
its own buildings
Repairs and expenses other than taxes on real estate
including rent of building leased for 99 years
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes viz
County and city taxes 3230 01
Internal revenue taxes Mexico 7897 48
Tax on investments 14 00
Total
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
46 Stockholders for interest or dividends amount declared
during the year 25000000
47 Other disbursements vizr
48 General miscellaneous expenses including
payment to the chairman of the finance
committee for services 49815 41
50 Bills payable 200000 00
51 Interest 5m 28
Total
53 Gross loss on sale or maturity of ledger assets viz
Bonds
172872 14
284839 01
490184 01
13061 76
42780 00
164040 91
59252 95
27668 89
11847 67
11141 49
1611 90
9081 36
35981 79
22514 74
11109 79
250000 00
55 Total disbursements
254989 69
10250 00
2351032 00
IVLedger Assets
1 Book value of real estate
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 186352493 and stocks 1016
61125 total
3156337 64
20000 00
164750 00
2880136 18642
Comptroller Gen eral s Report
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
13 Ledger assets
7693 20
119492 58
507026 41
6855436 01
NonLedger Assets
15 Interest accrued on bonds
16 Interest accrued on collateral loans
17 Interest accrued on other assets
18 Rents due 1015959 and accrued 2
10832 on companys property or lease
6215 00
2955 56
4250 00
12267 91
Total
1 On policies or renewals issued on or after October 1
1908 Fidelity 5819927 surety 17291358 total
2 On policies or renewals issued prior to October 1 1908
Fidelity 345809 surety 10467232 total
40 Gross assets
Deduct Assets Not Admitted
25688 47
231112 85
108130 41
7220367 71
46 Gross premiums in course of collection
written prior to October 1 1908 108130 41
47 Book value of ledger assets over market
value viz
18 Stocks and bonds 24 890 85
Total
54 Total assets
VLiabilil ies
1 Losses and claims in process of adjustment Fidelity
5843414 surety 5069975 total
3 Losses and claims reported proofs not received Fidel
ity 12619503 surety 18207347 total
I Losses a rlaiins resisted Fidelity 2483306 surety
14527856 total
5 Total losses ami claims Fidelity 20946222 surety
37805178 total
Xl unpaid claims excepi liability claims Fidelity
946222 Burety 37805178 total
s Tll1 paid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 21 II 52351
unearned premiums fifty per cent 1050761 75
133021 26
7087346 48
109133 89
308268 50
170111 61
57514 00
58751 I no
57514 00ComptrollerGenerals Keport
643
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 21877108
unearned premiums pro rata
132852 09
21
22
23
27
28
34
35
36
37
Total unearned premiums 1183613 84
Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz
Fidelity 237392 surety 789040 total
Salaries rents expenses bills accounts fees etc due
or accrued
State county and municipal taxes due or accrued
Advance premiums one hundred per cent
Other liabilities viz
Cheeks of other parties in process of col
lection 2094 38
Reserve for expenses in transit 25000 00
10264 32
12500 00
27238 33
26848 79
43 Total
27094 38
44 Total amount of ail liabilities except capital 1875073 66
45 Capital actually paid up in cash 2500000 00
46 Surplus over all liabilities 2712272 82
47 Surplus as regards policyholders 5212272 82
48 Total liabilities 7087346 48
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Fidelity 1001841 surety 10
04358 total 20061 99
2 Gross losses paid Fidelity 8610 74
AMERICAN BONDING COMPANY OF BALTIMORE MARYLAND
George Cator President Wm E P Duvall Secretary
Home Office Equitable Bllg Calvert and Fayette Sts Baltimore Md
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 1338349 37
Extended at 1338349 37644
ComptbollebGenebals Eepoet
IIIncome
1 Gross premiums unpaid December 31 1907 Fidelity
2234620 surety 8290450 burglary and theft 29
51971 total
2 Gross premiums written and renewed during the year
Fidelity 23885222 surety 63020798 burglary and
theft 21040360 total
3 Total premiums Fidelity 26119842 surety 713
11248 burglary and theft 23992331 total
4 Deduct reinsurance Fidelity 1342295 surety 42
48957 burglary and theft 2061511 total
5 Deduct return premiums on policies cancelled Fidelity
2348786 surety 6266849 burgdary and theft 40
75178 total
7 Deduct premiums in course of collection Fidelity 24
78884 surety 12417522 burglary and theft 43
86171 total
8 Total deductions Fidelity 6169965 surety 229
33328 burglary and theft 10522860 total
9 Net cash received for premiums Fidelity 19949877
surety 48377920 burglary and theft 13469471
21 Gross interest on mortgage loan
23 Gross interest on bonds and dividends on
stocks less 12500 accrued interest on
bonds acquired during 1908
24 Gross interest on deposits in trust com
panies and banks
25 Gross interest from all other sources
26 Gross rents from companys property
588 20
50813 36
2517 20
553 73
87 25
134770 41
1079463 80
1214234 21
70527 63
126908 13
192285 77
396261 53
817972 68
27 Total gross interest and rents
29 Income from investment of collateral de
posits during year 12576 20
30 Interest paid on collateral deposits dur
ing year
8294 59
Total
34 Gross profit on sale or maturity of ledger assets viz
Bonds
35 Gross increase by adjustment in book
value of ledger assets viz
Bonds a
Stocks
Total
11022 IN
6590 00
36 Total income
54559 74
4281 61
1189 31
51212 00
929215 34ComptrollerGeneral s Report
645
IIIDisbursements
1 Gross amount paid for losse Fidelity 2819394 surety
29765284 burglary and theft 4836988 total
2 Deduct reinsurance Surety 3201998 burglary and
theft 675241 total
3 Deduct salvage Fidelity 282978 surety 15333683
burglary and theft 104005 total
4 Total deductions Fidelity 282978 surety 18535681
burglaiy and theft 779246 total
5 Net amount paid policyholders for losses Fidelity 25
36416 surety 11229603 burglary and theft 40
57742 total
16 Investment and adjustment of claims viz
17 Fidelity 263176 surety 2960686 burglary and theft
220281 total
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
23 Fidelity and surety 18133530 burglary and theft
4201101 total
27 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
28 Salaries traveling and all other expenses of agents not
paid by commissions
30 Inspections other than medical and claim
31 Rents
32 Repairs and expenses other than taxes on real estate
33 Taxes on real estate
34 State taxes on premiums
35 Insurance department licenses and fees
36 All otherlicenses fees and taxes viz
37 Municipal licenses 25 75
38 Capital stock tax etc 5682 77
Total
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
46 Stockholders for interest or dividends amount declared
during the year 5000000
47 Other disbursements viz
48 General miscellaneous expense
49 Profit and loss
50 Depreciation in market value of collateral deposit invest
ments during jear
Advance premiums December 31 1907 6794 63
Advance premiums December 31 1908 6132 93
374216 66
38772 39
157206 66
195979 05
178237 61
34441 43
233346 31
97499 99
75670 36
3898 53
10567 50
54 45
163 40
15942 21
13783 98
7208 52
11406 00
8396 01
11742 32
9095 01
6598 76
50000 00
16520 25
357 37
2691 00646
CompteolleeGeneeals Repobt
Net
52 Agents balances charged off etc
53 Gross loss on sale or maturity of ledger
assets viz
Real estate
Bonds
Stocks
Total
54 Gross decrease by adjustment in book
value of ledger assets viz
Bonds
Stocks
Total
55 Total disbursements
466 80
943 57
1000 00
1875 00
375 00
661 70
1806 00
2410 37
2250 00
782749 08
IVLedger Assets
1 Book value of real estate a
2 Mortgage loans on real estate first liens 72500oj
other than first 120000 total
4 Book value of bonds 115588900 and stocks 78075
5 Cash in companys office
7 Deposits in trust companies and banks on interest
8 Due from city of Camden N J
9 Other ledger assets
13 Ledger assets
12742 56
8450 00
1233964 00
1356 00
187045 76
8000 00
33257 31
1484815 63
NonLedger Assets
15 Interest due 118750 and accrued 664243 on bonds
1 On policies or renewals issued on or after October 1
1908 Fidelity 1733761 surety 7091673 burglary
and theft 3890333 total
2 On policies or renewals issued prior to October 1 1908
Fidelity 745123 surety 5325849 steam boiler 4
95838 total
40 Gross assets
7829 93
127157 67
65668 10
1685471 33
Deduct Assets Not Admitted
46 Gross premiums in course of collection written
October 1 1908
54 Admitted assets
prior to
65668 10
1019803 23ComptrollebGenebal s Eepoet
647
VLiabilities
1 Losses and claims in process of adjustment Fidelity
942210 surety 4044929 burglary and theft 13
40803 total
3 Losses and claims reported proofs not received Fidel
ity 192915 surety 3088350 total
4 Losses and claims resisted Fidelity 3387535 surety
11883333 burglary and theft 370000 total
5 Total losses and claims Fidelity 4522660 surety
19016612 burglary and theft 1710803 total
7 Net unpaid claims except liability claims Fidelity
4522660 surety 19016612 burglary and theft 17
10803 total
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 84901227 un
earned premiums fifty per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 12049375
unearned premiums pro rata
is
424506 14
71248 97
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz
23 Fidelity 434440 surety 1772918 burglary and theft
972583 total
28 State county and municipal taxes due or accrued
32 Return premiums
33 Reinsurance
34 Advance premiums one hundred per cent
63279 42
32812 65
156408 68
252500 75
252500 75
252500 75
495755 11
31789 41
15000 00
1973 36
13098 40
6132 93
44 Total amount of all Jiabiliites except capital 816249 96
45 Capital actually paid up in cash 500000 00
46 Surplus over all liabilities 303553 27
47 Surplus as regards policyholders
803553 27
48 Total liabilities 1619803 23
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Fidelity and surety 1660217
burglary and theft 57706 total 17179 23
2 Gross losses paid Fidelity and surety
7558 66648 ComptrollerGenerals Report
THE AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK
S M Phelan Present E M Treat Secret
Home Office 302 Broadway New York City New York
Shepard Bryan Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital stock
paid up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2509 109 92
Extendedat 2509109 92
IIIncome
1 Gross premiums unpaid December 31 last year Credit 57212 50
2 Gross premiums written and renewed during the year
Credit 1473256 23
3 Total Crediti73
4 Deduct gross premiums now in course of collection Credit 81120 00
5 Entire premiums collected during the year 1 449 348 73
6 Deduct reinsurance return premiums and cancellations
CredU 6248197
7 Net cash actually received for premiums Credit 1386 866 7S
18 Total net cash actually received from premiums l386 866 76
21 Interest on collateral loans 883 06
22 Interest on bonds 91 903 04
23 Interest on deposits 99 9g
Interest from premium notes 5 568 58
24 Interest from all other sources 195 93
26 Total interest 3 99562
32 From all other sources viz Collected from premium
notes charged off in 1907 2 457 04
35 Gross profit on sale of bonds 12180 95
38 Total income 1501067 W
IIIDisbursements
1 Gross amount paid for losses Credit 1218709 52
2 Deduct salvage and reinsurance Credit 633203 73ComptrollerGenerals Report 649
3 Net amount paid policyholders for losses Credit 1155505 79
4 Investigation and adjustment of claims Credit 37031 55
5 Total Credit 1192537 34
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes viz
Credit 387108 93
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 80498 43
24 Rents 20389 43
26 Mercantile agencies 2998 49
27 All other taxes licenses and insurance department fees 27452 24
28 Legal expenses 7487 96
29 Advertising 14705 74
30 Printing and stationery 5041 56
31 Postage and express telegraph telephone 8683 70
32 Traveling expenses 1441 90
33 Loss on sale or maturity of ledger assets viz Bonds 16184 44
37 All other disbursements viz Interest and discount
684119 exchange 65507 expense account 385340
premium notes makers bankrupt 56467 total 11914 33
46 Total disbursements 1926444 47
IVLedger Assets
4 Book value of bonds excluding interest 1801941 83
5 Cash in companys office 44709 deposited in banks
14341815 total 143865 24
6 Bills receivable 19851 74
7 Other ledger assets viz Premium notes 5060454
furniture and fixtures 4382130 agents balances 23
64783 total 118073 67
11 Ledger assets 2083732 48
NonLedger Assets
13 Interest accrued on bonds 11840 00
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Credit 81120 00
34 Other nonledger assets viz Accounts owned purchased
on payment of losses 79911 54
37 Gross assets 2256604 02
42ins650
ComptkollebGenerals Report
Deduct Assets Not Admitted
39 Bills receivable
40 Furniture and fixtures
41 Premium notes past due doubtful
42 Agents balances
44 Book value of ledger assets over market value viz
Bonds owned
51 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Credit
2 Losses and claims resisted Credit
3 Total losses and claims Credit
17 Special reserve for credit losses on policies expiring in
October November and December 1908 being 50 per
cent of 47485308 gross premiums received on said
policies less 44697 paid during said months on losses
under said policies
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon all unexpircd
risks running one year or less from date of policy
124027134 unearned premiums 50 per cent
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1908 viz Credit
29 Due or accrued State county and municipal taxes
32 Advance premiums 100 per cent 1909 business
19851 74
43821 30
273S 94
23647 83
32596 83
2133947 38
45807 26
13850 00
59657 26
236979 57
296636 83
620135 67
10586 90
19732 50
2765 00
42 Total amount of all liabilities except capital 955856 90
43 Capital actually paid up in cash 1000000 00
44 Surplus over all liabilities i 7S090 48
45 Surplus as regards policyholders 1 178 090 4S
46 Total liabilities 2 133 947 38
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Credit 12850 00
Gross losses paid Credit 4 878 10ComptrollerGenerals Eeport 651
american live stock insurance company of indiana
Sterling E Holt President Harry 0 Naylor Secretary
Home Office Saks Building Indianapolis Indiana
Tyre Eugene Lindsey Rome Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up in cash 300000 00
Extended at 100000 00
32 Received from all sources viz Surplus 25000 00
Total surplus and capita stock 125000 00
IVLedger Assets
2 Mortgage loans on real estate first liens 5000 00
4 Book value of bonds excluding interest 110273 75
5 Cash in companys office 8303 22
7 Other ledger assets viz Accrued interest paid on bonds 1423 03
11 Ledger assets 125000 00
VLiabilities
43 Capital actually paid up in cash 100000 00
44 Surplus over all liabilities 25000 00
45 Surplus as regards policyholders 125000 00
40 Total liabilities 100000 00
CONTINENTAL CASUALTY COMPANY OF INDIANA
H G B Alexander President W H Betts Secretary
Home Office Hammond Indiana
Win 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 as per balance
December 31 of previous year 1339105 21
Extended at 1339105 21652
ComptrollerGenerals Keport
IIIncome
1 Gross premiums unpaid December 31 last year Accident
57943401 health 3049653 total
2 Gross premiums written and renewed during the vear
Accident 216464636 health 47947768 total
3 Total Accident 274408037 health 50997421 total
1 Deduct gross premiums now in course of collection Acci
dent 52297479 health 3583741 total
5 Entire premiums collected during the year Accident
222110558 health 47413680 total
6 Deduct reinsurance return premiums and cancellations
Accident 44243640 health 8132060 total
609930 54
2644124 04
3254054 58
558812 20
2695242 38
523757 00
18
19
20
21
22
23
24
25
Net cash actually received for premiums Accident
177866918 health 39281620 total
Total net cash actually received for premiums
Policy fees required or represented by applications
Interest on mortgage loans 31461 34
Interest on collateral loans 535 00
Interest on bonds and dividends on stock 15906 40
Interest on deposit g91 gr
Interest from all other sources
dross rents from companys property
2171485 38
2171485 38
192815 51
27 12
3067 50
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz Bonds
38750 gross increase in book value of ledger assets
962760 total
32 From all other sources viz Suspense 47162 from
agents balances previously charged off 74035 total
38 Total income
51688 98
10015 10
1211 97
2427216 94
111Disbursements
1 Gross amount paid for losses Accident 82555699
health 14589041 total
2 Deduct salvage and reinsurance Accident
Net amount paid policyholders for losses Accident 797
2444 health 14589041 total
Investigation a1 adjustment of claims Accident 9
70075 health 193006 total
5 Totals Accident 80742519 health 14782047 total
14 Commissions or brokerage loss amount received on return
971447 40
27832 55
943614 85
11630 81
955245 66ComptrollerGenebals Report
653
premiums and reinsurance for the following classes
Accident 43395665 health 82661420 total
18 Policy fees retained by agents
19 Stockholders for interest or dividends amount declared
during the year 6000000
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
25 Repairs and expenses other than taxes on real estate
26 Taxes on real estate
2v 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 Bonds
166875 gross decrease in book value of ledger assets
24200 total
37 AH other disbursements viz General expenses 20
366 bank exchange 170117 suspense balance
1907 65364 agents balances charged off 1443077
total
516570 85
192815 51
60000 00
220450 67
227175 98
10616 76
31709 79
151 20
225 05
48970 81
28262 24
13719 13
30572 83
27664 27
4093
17152 33
46 Total disbursements
2405402 83
IVLedger Assets
1 Book value of real estate unencumbered
2 Mortgage loans on real estate first liens
4 oook value of bonds excluding interest 29387700 and
book value of stocks 6750000 total
5 Casn in companys office 380500 deposited in banks
14882197 total
6 ills receivable
7 Other ledger assets viz Cash in hands of treasurer and
P Ms in transit 11823303 furniture and fixtures
4403036 agents balances 6428083 total
58879 76
557363 00
361377 60
152626 97
4127 77
226544 22
11 Ledger assets 1360919 32
NonLedger Assets
12 Interest accrued on mortgages
13 Interest accrued on bonds
5006 42
6353 33
Total
11359 75654
ComptrollerGenerals Report
17 Market value of real estate over book value
On policies or renewals issued subsequent to October 1
1908 Accident 52297479 health 3583741 total
37 Gross assets
Deduct Assets Not Admitted
39 Buls receivable 4 10
40 Furniture and fixtures 44oijo 36
42 Loans on personal security endorsed or
not agents balances 64 280 83
280 24
558812 20
1931371 51
Total
112438 96
51 Admitted assets
1818932 55
VLiabiliti
1 Losses and claims in process of adjustment Accident
1271136 health 201860 total
2 Losses and claims reported proois not received We idem
9169102 nealth 1001602 total
3 Losses and claims resisted accident 24475 00health
18 00 total
4 Total losses and claims Accident 128877 38 health
139062 total
14 Deduct reinsurance
15
18
19
21
22
26
31
32
33
Net unpaid claims except liability claims
Total unpaid claims and expenses of settlement
Uross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 146449239
unearned premiums 50 per cent 732 246 20
14729 96 101707 04 26350 00
1427S7 00 8087 00
134700 00 134700 00
Total unearned premiums
omnussions brokerage and other charges duo or to be
due to agents or brokers on policies issued subse
l11 1 October 1 1908 viz Accident 98652 29
health 632819 total
Salaries rents expenses taxes bilaountsfees eic
due or accrued
Reinsurance
Advance premiums 100 per cent
11 liabilities viz 8u8peMe 47L62 contingent re
7n W0000000 State county and mUnicipal Les
due accrued 3000000 total
732246 21
42 Total
104980 4
11063 27
14734 83
1516 25
130471 62
amount of all liabilities
XI1 ital 1129712 65ComptrollerGeneral s Eefort
655
43 Capital actually paid up in cash
44 Surplus over all liabilities
300000 00
389219 90
45 Surplus as regards policy holders
689219 90
40 Total liabilities 1818932 55
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident 968749 health 458750 total 14274 99
Gross losses paid Accident 352321 health 172820
total 5251 41
EMPIRE STATE SURETY COMPANY OF NEW YORK
William M Tomlins Jr President Daniel Stewart Secretary
Home Office 192 Montague Street Brooklyn 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 as per balance
December 31 of previous year 1223425 57
Extended at 1223425 57
IIincome
1 Gross premiums unpaid December 31 last year Accident
864161 health 308143 liability 5502103 fidelity
11117021 surety 11772017 plate glass 1675163
steam boiler 68863 burglary and theft 1835237
sprinkler 8625 total 231413 33
2 Gross premiums written and renewed during the year
Accident 11104940 health 4752561 liability 284
64620 fidelity 8337973 surety 34497013 plate
glass 10494304 steam boiler 779430 burglary and
theft 122699 sprinkler 229470 workmens coll
4369448 total 1152767 52
3 Total Accident 11969101 health 5060704 liability
33966723 fidelity 9444994 surety 46269030
plate glass 12169467 steam boiler 848293 burglary
and theft 14082230 sprinkler 238095 workmens
coll 4369448 total
1384180 85
4 Deduct gross premiums now in course of collection Acci
dent 2030563 health 1097071 liability 5474015
fidelity 1078796 surety 14296480 plate glass656
ComptbollebGeneral s Rep
CRT
1632772 steam boiler 173013 burglary and theft
2248542 sprinkler 10963 workmens coll 107035
total
5 Entire premiums collected during the year Accident
9938538 health 4963033 liability 27492708
fidelity 8366198 surety 31972550 plate glass
10536695 steam boiler 675280 burglary and theft
11833688 sprinkler 227132 workmens coll 42
62413 total
6 Deduct reinsurance return premiums and cancellations
Accident 3162109 health 2694999 liability 66
33851 fidelity 1446398 surety 5767157 plate
glass 3263841 steam boiler 168166 burglary and
theft 4736166 sprinkler 82957 workmens coll
885153 total
7 Net cash actually received for premiums Accident
6776329 health 2268634 liability 20858857
fidelity 6919800 surety 26205393 plate gins
7272854 steam boiler 507114 burglary and theft
7097582 sprinkler 144175 workmens coll 33
77360 total
18 Total net cash actually received for premiums
20 Interest on mortgage loans
22 Interest on bonds and dividends on stock
less 83332 accrued interest acquired
during 1908
23 Interest on deposit
21 I nterest from all other sources
25 Gross rents from companys property
11IK19 34
25191 68
3981 89
883 30
23S 62
281492 50
893018
288407 37
814280 98
814280 98
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz Bonds
32 From all other sources viz Mortgages payable 475000
from agents balances charged off 1758 total
38 Total income
4160 1 83
3383 00
4767 58
864036 39
IIIDisbursements
Gross amount paid for losses Accident 2578700
health 725236 liability 5159630 fidelity 15
01021 surety 13265495 plate glass 4164555 bur
glary and theft 2843860 workmens coll 2574916
total
Deduct salvage and reinsurance Accident 140830
health 33214 liability 30330 fidelity 154710
328134 13ComptrollerGenerals Repoet
657
surety 8854713 plate glass 39013 burglary and
theft 485815 workmens coll 9440 total 97480 66
Net amount paid policy holders for losses Accident 24
37870 health 692022 liability 5129300 fidelity
1346311 surety 4410782 plate glass 4125542
burglary and theft 2358044 workmens coll 25
65476 total 230653 47
Investigation and adjustment of claims Accident 5
26182 health 189087 liability 3366570 fidelity
166672 surety 1936453 plate glass 3345 bur
glary and theft 414398 workmens coll 974642
total 75773 49
5 Totals Accident 2964052 health 881109 liability
8495870 fidelity 1512983 surety 6347235 plate
glass 4128887 burglary and theft 2772442 work
mens coll 3540118 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 2411031 health 738781 liability 58
09848 fidelity 1433754 surety 4818050 plate
glass 2361466 steam boiler 132603 burglary and
theft 2116150 sprinkler 34183 workmens coll
1357673 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
23 Inspections other than medical
24 Bents
25 Repairs and expenses other than taxes on real estate
26 Taxes on reail estate
27 All other taxes licenses anil insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
Telegraph and telephone
32 Furniture and fixtures
33 Loss on sale or maturity of ledger assets viz Bonds
37 All other disbursements viz Interest and exchange
loo miscellaneous 2043855 traveling home
office 797756 agents balances charged off 17956
adjusting mortgage interest 17 500 N G check total
306426 96
212135 39
90245 14
55789 89
4387 69
28578 75
161 17
1073 46
21573 39
1124 64
14341 45
16755 40
9195 90
5720 67
4389 44
1425 Ml
28946 24
46 Total disbursements
802270 58658
ComptrollerGenerals Eeport
IVLedger Assets
1 Book value of real estate 66193 94
2 Mortgage loans on real estate 25209569 other than
first 491955 total 257015 24
4 Book value of bonds excluding interest 51726890 and
book value of stocks 13336250 total 650631 40
5 Cash in companys office 1446789 deposited in banks
8924742 total 103715 31
6 Bills receivable 5 628 41
7 Other ledger assets viz avances on contracts 96
59933 accounts receivable 1169166 cash in sus
pended banks 4800555 advances on commissions
325022 audited voireners 1156 due from agents
1884776 rents paid in advance 155667 deposited
in Albany 1004433 deposit in Ravenna 1200000
total 202007 08
11 Ledger assets 12S5191 38
NonLedger Assets
12 Interest due and accrued on mortgages 3 262 27
13 Interest due ami accrued on bonds 5252 49
15 Interest due and accrued on other assets 9 84
16 Rents due and accrued on companys prop
erty or lease 32
Total 8657 9
19 uross premiums in course of colled ion viz
On policies or renewals issued subsequent to October 1
1908 Accident 1949839 health 1065971 liability
1395065 fidelity 1005198 surety 5419299 plate
glass 1563545 steam boiler 166513 burglary and
theft 2203653 sprinkler 10963 workmens coll
57636 total 178376 81
On policies or renewals issued prior to October 1 1908
Accident 80724 health 31100 liability 1078950
fidelity 73598 surety 8877181 plate glass 69227
steam boiler 6500 burglary and theft 44889 work
mens coll 49400 total 103 115 69
Total 281492 50
37 Cross assets L575343 80
Deduct Assets Not Admitted
39 Hills receivable 5 62841
43 Gross premiums in course of collection
written prior to October 1 1908 103115 69
44 Book value of ledger assets over marketComptrollerGenerals Report
659
value viz Aavances on contracts un
secured 7100430 advances on com
missions 325022 depreciation of
bonds 1878890 depreciation of stocks
3632750 depreciation of real estate
720076 audited vouchers 1156 de
posited at Ravenna Ohio 1200000
total
148583 24
Total
257327 34
51 Admitted assets 1318014 46
VLiabilities
1 Losses and claims adjusted Accident 114006 health
81597 fidelity 55704 surety 560434 plate glass
446155 burglary and theft 1447019 total
2 Losses and claims in process of adjustment Accident
525500 health 54285 fidelity 690637 surety
1791099 plate glass 303975 burglary and theft
102205 total
3 Losses and claims reported proofs not received Accident
797500 health 78500 fidelity 157924 surety
396103 plate glass 41621 burglary and theft 1
90550 185925 total
4 Losses and claims resisted Accident 60000 health
25000 fidelity 1190406 surety 4009302 plate
glass 144387 burglary and theft 231234 total
24049 15
34677 01
56603 29
56603 29
14
Total losses and claims Accident 1497006 health
239382 fidelity 2094671 surety 6756938 plate
glass 636138 burglary and theft 1971008
185925 total
Deduct reinsurance
15 Net unpaid claims except liability claims
16 Special reserve for unpaid liability losses
133810 68
5857 94
127952 74
44342 31
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 70571077 un
earned premiums 50 per cent 352855 38
20 Gross premiums less reinsurance upon
all unexpired risks runinng more than
one year from date of policy 12946815
unearned premiums pro rata 64539 27
172295 05
21 Total unearned premiums
H7394 65660 ComptrollerGenerals Refoet
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1903 viz Accident 646747
health 323108 liability 1128485 fidelity 193897
surety 927754 plate glass 472616 steam boiler
40539 burglary and theft 611527 sprinkler 2418
workmen s coll 21562 total 43686 53
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued jg 009 go
28 Due and to become due for borrowed money notes given
to us for premiums and discounted 14 603 15
31 Reinsurance 057 99
33 Other liabilities viz Mortgage payable real estate
475000 due for company insurance 398285 total 8732 85
42 Total amount of all liabilities except capital 677899 12
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 140 115 34
45 Surplus as regards policyholders qo j
46 Total liabilities 1318014 46
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident 144275 health 70675 liability
48937 fidelity 28725 surety 95573 plate glass
66500 burglary and theft 25952 total 4806 37
Gross losses paid Accident 100718 health 42048
liability 350Hi plate glass 56876 total 2 346 4
THE EMPLOYERSINDEMNITY COMPANY OF PHILADELPHIA PA
Prank R Tobey President Trevanion B Dallas Secretary
Home Office Wesl End Trust Bldg Broad and South Pea Square
William A Little Columbus Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in eaah 100000 00
2 Amount of ledger assets December il of
provils vil1 431642 96
Extended at
431642 90ComptrollerGenerals Report
661
IIIncome
1 Gross premiums unpaid Dec 31 last year Liability 74957 85
2 Gross premiums written and renewed during the year
Liability 374585 31
3 Total premiums Liability 449543 16
4 Deduct gross premiums now in course of collection
Liability 86381 86
5 Entire premiums collected during the year Liability 363161 30
6 Deduct reinsurance return premiums and cancellations
Liability 49383 98
7 Net cash actually received for premiums Liability 313777 32
18 Total net cash actually received for premiums 313777 32
20 Interest on mortgage loans 1290 81
22 Interest on bonds and dividends on stock 17795 45
23 Interest on deposit 109 81
26 Total interest and rents 19196 07
32 From all other sources viz
33 Adjustment in book value of bonds 830 40
38 Total income 333803 79
IIIDisbursements
1 Gross amount paid for losses Liability 107740 80
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Liability 56914 78
19 iStockholders for interest or dividends amount declared
during the year 8000 8000 00
20 Salaries fees and all compensation of officers directors
trustees and home office employees 51654 77
22 Medical examiners fees and salaries 562 00
23 Inspections other than medical 392 45
24 Rents including 484816 for companys occupancy of
its own buildings 4848 16
27 All other taxes licenses and insurance department fees 5656 31
28 Legal expenses 22829 95
29 Advertising printing and stationery 3738 00
31 Postage and express general expense 8549 98
32 Furniture and fixtures 1776 67
37 All other disbursements viz
38 Traveling expense 5816 51
39 Adjustment in book value of furniture
and fixtures 584 69
40 Adjustment in book value of bonds 362 77
Total 6763 97
46 Total disbursements 279427 84662 ComptrollerGeneral s Report
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest 40273373 and
book value of stocks 3847575 total
5 Cash in companys office 182966 deposited in banks
2070496 total
6 Bills receivable
11 Ledger assets
NonLedger Assets
12 Interest due 60 and accrued 33009
on mortgages 390 09
13 Interest due 225 and accrued 552947
011 bonds 5754 47
15 Interest accrued on other assets 625 00
Total
22 On policies or renewals issued subsequent to October 1
1908 Liability
23 On policies or renewals issued prior to October 1 1908
Liability
34 Other nonledger assets viz
35 Furniture and fixtures
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable 574 gj
40 Furniture and fixtures 3 536 37
43 Gross premiums in course of collection
written prior to October 1 1908 32075 73
44 Book value of ledger assets over marker
vallie 6045 73
Total
51 Admitted assets
VLiabilil tes
161 Special reserve for estimated amount of unpaid liabil
ity claims
19 Gross premiums less reinsurance Upon
all uiiexpired risks running one year or
less from date of policy 255 Hi U un
earned premiums 50 per cent 127573 20
20 Gross premiums less reinsurance upon
21700 00
441209 48
22534 62
574 81
486018 91
6769 50
54300 13
32075 73
3536 37
582706 70
12232 64
540474 00
30000 00ComptrollerGenerals Report
all unexpired risks running more than
one year from date of policy 231
56556 unearned premiums pro rata 14414 74
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 1908 viz
23 Liability
26 Salaries rents expenses taxes bills accounts fees etc
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 230857 06
45 Surplus as regards policyholderst
46 Total liabilities
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Liability
2 Gross losses paid Liability
663
141987 94
11406 03
5810 62
412 41
20000 00
209617 00
330857 06
540474 06
1753 04
513 31
UNITED STATES BRANCH OF THE EMPLOYER S LIABILITY ASSUR
ANCE CORPORATION LTD OF LONDON ENGLAND

Samuel Appleton United States Manager S Stanley Brown Esq Sec
Home Office United States Branch 33 Broad St Boston Mass
W W Cunningham Atlanta Attorney for Service in Georgia
ICapital Stock
1 Statutory deposit 250000 00
2 Amount of ledger assets December 31 of v
previous year 3958670 63
3 Deduct depreciation of bonds to make
statement agree with corporation ledger 258186 68
Extended at
3700483
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent 5003056 health 305064 liability 525931
fidelity 1403296 burglary and theft 1342284
workmens collective 366077 total 610128 77664
ComptrollerGenerals Eeport
3678037 93
598236 79
18
22
23
2 Gross premiums written and renewed during the year
Accident 25630245 health 5293937 liability 3
10207660 fidelity 10351146 steam boiler 572138
burglary and theft 8431305 auto property damage
4163655 workmens collective 3153727 total
3 Total premiums Accident 30633301 health 55
99001 liability 362800760 fidelity 11754422
steam boiler 572138 burglary and theft 9773589
auto property damage 4163655 workmens collec
tive 3519804 total 4288166
4 Deduct gross premiums now in course of collection Ac
cident 3649244 health 1375945 liability 507
74241 fidelity 658060 steam boiler 179471
burglary and theft 1495592 auto property damage
1033065 workmens collective 658061 total
5 Entire premiums collected during the year Accident
26984057 health 4223056 liability 312026519
fidelity 11096362 steam boiler 392667 burglary
and theft 8277997 auto property damage 31
30590 workmens collective 2861743 total 3689929 91
6 Deduct reinsurance return premiums and cancellations
Accident 4087926 health 1154635 liability 469
56587 fidelity 2130189 steam boiler 52399
burglary and theft 1301896 auto property damage
558498 workmens collective 652690 total
7 Net cash actually received for premiums Accident 228
96131 health 3068421 liability 265069932 fidel
ity 8966173 steam boiler 340268 burglary and
theft 6976101 auto property damage 2572092
workmens collective 2209053 total 3120981
8 Total net cash actually received for premiums 3 120 981
Interest on bonds and dividends on stock 148259 48
Interest on deposit 1108 11
0
568948 20
26 Total interest and rents
27 Profit on sale or maturity of ledger assets
32 From all other sources viz
33 From agents balances previously charged off
34 Appreciation of bonds
149667 59
50 00
2085 47
107337 50
38 Total income 3380122 27
IIIDisbursements
1 Gross amount paid for losses Accident 10753799
health 1538280 liability 100640091 fidelity 44
99008 burglary and theft 1639948 auto property
damage 209961 workmens collective 821897 1201029 84
2 Deduct salvage and reinsurance Accident 25 fidelitv
1022658 1025158ComptrollerGenerals Report
665
3 Net amount paid polieyholders for losses Accident
10751299 health 1538280 liability 100640091
fidelity 3476350 burglary and theft 1639948 auto
property damage 209961 workmens collective 8
21897 total 1190778 26
4 Investigation and adjustment of claims Accident 3
15998 health 10742 liability 25776250 fidelity
220622 burglary and theft 50193 auto property
damage 30481 workmens collective 25516 total 264298 02
5 Totals Accident 11067297 health 1549022 liabil
ity 126416341 fidelity 3696972 burglary and
theft 1690141 auto property damage 240442
workmens collective 847413 total 1455076 28
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 9093710 health 123289 liability 688
28966 fidelity 2033457 steam boiler 130241
burglary and theft 2026178 auto property damage
661027 workmens collective 399186 total 832960 54
19 Remitted to head office 442608 40
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 77987 28
21 Salaries traveling and all other expenses of agents not
paid by commissions 28984 73
23 Inspections other than medical 37619 53
24 Rents 30195 68
25 Repairs and expenses other than taxes on real estate 60413 45
28 Legal expenses 2401 64
29 Advertising 3859 50
30 Printing and stationery 24798 54
31 Postage and express 16991 80
32 Furniture and fixtures 2610 30
37 All other disbursements viz
38 Investment expenses 203 25
39 Agents balances charged off 1970 47
41 Depreciation of bonds 6831 25
46 Total disbursements 3025512 64
IVLedger Assets
4 Book value of bonds excluding interest 4004845 00
5 Cash in companys office 165331 deposited in banks
282409 total 4477 40
10 Cash deposited with trustees with Kidder Peabody Co 45771 18
11 Ledger assets 4055093 58
NonLedger Assets
13 Interest due and accrued on bonds 51609 33
43ins666
ComptbollebGenebals Bepobt
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1908 Accident 3553673 health 1374245 liabil
ity 48856961 fidelity 651980 steam boiler 1
69471 burglary and theft 1490347 auto property
damage 1033065 workmens collective 606828 577365 70
21 On policies or renewals issued prior to October 1 1908
Accident 95571 health 1700 liability 1916990
fidelity 6080 steam boiler 10000 burglary and
theft 5245 auto property damage 290 workmens
collective 51233 total 20 871 09
37 Gross assets 4704939 70
Deduct Assets Not Admitted
43 Gross premiums in course of collection written prior to
October 11908 20 871 09
51 Admitted assets 4684068
61
VLiabilities
1 Losses and claims in process of adjustment Accident
37505 health 1870 fidelity 32600 burglary and
theft 4595 property damage 6390 workmens col
lective 1300 total
2 Losses and claims resisted Accident 150 fidelity 4
525 burglary and theft 2820 total
3 Total losses and claims Accident 37655 health 1
870 fidelity 37125 burglary and theft 7415 prop
erty damage 6390 workmens collective 1300 total
16 Special reserve for unpaid liability losses
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 247306351
unearned premiums 50 per cent 123653 75
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 357
93373 unearned premiums pro rata 207033 14
21 Total unearned premiums
22 CommissionSj brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1908 viz
Accident 1200765 health 487889 liability 135
06128 fidelity a63637 steam boiler 49091 burg
lary and theft 443777 auto property damage 2
64465 workmens collective 154128 total
23
84260 00
7495 00
01755 HI
972338 89
144350 Mi
163298 miComptrollerGenerals Report 667
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 75000 00
42 Total amount of all liabilities except capital 2745957 58
43 Statutory deposit 250000 00
44 Surplus over all liabilities 1688111 03
45 Surplus as regards policyholders 1938111 03
46 Total liabilities 4684068 61
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident 590673 health 262689
liability 951192 fidelity 63275 burglary and theft
411 auto property damage 2250 total 19111 79
2 Gross losses paid Accident 126241 health 143674
liability 847271 burglary and theft 57570 total 11747 56

THE FIDELITY AND 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 7007105 22
Extended at 7007105 22
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
21070615 health 24596819 liability 32643314
fidelity 3766196 plate glass 5512138 steam boiler
6383477 burglary and theft 8831526 fly wheel
1596361 workmens collective 1048047 total 1054484 93
2 Gross premiums written and renewed during the year
Accident 274288912 health 155150039 liability
231161269 fidelity 44828214 plate glass 457
58637 steam boiler 49954153 burglary and theft
76564964 fly wheel 10063617 workmens collec
tive 3305963 total 8910757 68
3 Total premiums Accident 295359527 health 1797
46858 liability 263804583 fidelity 48594410668
ComptrollerGeneral s Report
4
6
23
24
26
plate glass 51270775 steam boiler 56337630 burg
lary and theft 85396490 fly wheel 11659978 work
mens collective 4354010 total
Deduct reinsurance Accident 17363745 health 10
70912 liability 17815 fidelity 2134480 plate
glass 6588 steam boiler 3701401 burglary and
theft 4055808 total
Deduct return premiums on policies cancelled Accident
7589097 health 4507373 liability 12597989
fidelity 1724971 plate glass 1131310 steam boil
er 28ol790 burglary and theft 2880427 fly wheel
417902 workmens collective 393175 total
Deduct premiums on policies not taken Accident 817
68296 health 51804675 liability 32742650 fidel
ity 4898385 plate glass 8136273 steam boiler
8424956 burglary and theft 11729875 fly wheel
1903756 workmens collective 559614 total
Deduct premiums in course of collection Accident 181
20638 health 24726148 liability 28376409 fidel
ity 5292634 plate glass 5405192 steam boiler
7069347 burglary and theft 7959780 fly wheel
1465043 workmens collective 943699 total
Total deductions Accident 124841771 health 821
09108 liability 73734863 fidelity 14050470 plate
glass 14679363 steam boiler 22047494 burglary
and theft 26625890 fly wheel 3786701 workmens
collective 1896488 total
Net cash received for premiums Accident 170517751
health 97037750 liability 190009720 fidelity
34543940plate glass 36591412 steam boiler 342
90136 burglary and theft 58770600 fly wheel 78
73277 workmens collective 2457522 total
Gross interest on bonds and dividends on
stocks less 103277 accrued interest on
bonds acquired during 1908 269 808 99
Gross interest on deposits in trust com
panies and banks j 260 36
Gross interest from all other sources 977 37
Gross rents from companys property in
cluding 6064792 for companys occu
pancy of its own buildings 73 952 65
9965242 61
283507 49
340940 34
2019684 80
993588 90
3637721 53
6327521 OS
27 Total gross interest and rents
28 From other sources viz
29 Unearned premiums held under contract
with Munich Reinsurance Company
30 Fidelity insurance fund subscriptions
from agents and employees
15S1 49
1209 66
345999 37ComptbollebGenebals Repokt
669
31 Suspense account
32 Profit and loss account
760 25
1371 78

Total
From agents balances previously charged off
4923 18
743 71
36 Total income 6679187 34
IIIDisbursements
1 Gross amount paid for losses Accident 86648079
health 46944495 liability 62541872 fidelity 209
01508 plate glass 12420746 steam boiler 2503380
burglary and theft 21480929 fly wheel 2345182
workmens collective 861642 total 2566478 33
2 Deduct reinsurance Accident 5819943 health 1
03212 liability 29259 fidelity 825957 steam boil
er 201993 burglary and theft 451726 total 74320 90
3 Deduct salvage Accident 30922 health 893 liabil
ity 812645 fidelity 4724588 plate glass 362715
steam boiler 102775 burglary and theft 242962
workmens collective 610 total 62781 10
4 Total deductions Accident 5850865 health 104105
liability 841904 fidelity 5550545 plate glass 3
62715 steam boiler 304768 burglary and theft
694688 workmens collective 610 total 137102 00
SNet amount paid policyholders for losses Accident
80797214 health 46840390 liability 61699968
fidelity 15350963 plate glass 12058031 steam boil
er 2198612 burglary and theft 20786241 fly
wheel 2345182 workmens collective 861032 total 2429376 33
16 Investigation and adjustment of claims viz
17 Accident 5814793 health 3318232 liability 310
70064 fidelity 1305533 plate glass 1047515
steam boiler 650670 burglary and theft 2711419
fly wheel 65120 workmens collective 192068 total 461754 14
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
23 Accident 59159714 health 32252811 liability 420
90296 fidelity 5319850 plate glass 11189801
steam boiler 7506224 burglary and theft 142
44149 fly wheel 1397806 workmens collective 4
35503 total 1735961 54
27 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 501547 04
28 Salaries traveling and all other expenses of agents not
paid by commissions 344172 83
29 Medical examiners fees and salaries 6616 28
30 Inspectors other than medical and claim 215865 67
31 Kents 10534995 including 6064792 for companys670
ComptrollerGenerals Eeport
occupancy of its own buildings less 2254799 included
in items 1620 and 3288567 included in item 28
32 Repairs and expenses other than taxes on real estate
33 Taxes on real estate
34 State taxes on premiums
35 Insurance department licenses and fees
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
11 Furniture and fixtures
16 Stockholders for interest or dividends amount declared
during the year 16000000
47 Other disbursements viz
48 Interest
49 Exchange and collection fees
50 Subscriptions
50 Profit and loss account
50 Liability for premiums paid in advance
December 31 1907 2485752 December
31 1908 1890403 decrease 5953 49
51 Sundries 22130 36
3209 28
2670 30
564 59
148 10
52
53
Total
Agents balances charged of
Gross loss on sale or maturity of ledger assets viz
Bonds
Total disbursements
8
10
13
15
17
18
IVLedger Assets
Book value of real estate
Book value of bonds 278895636 and storks 337
79599 total
ash in eompariy a office
Deposits iii trust companies and hanks not on interest
Deposits in trust companies and banks on interest
Bills receivable
Agents balances and sundry ledger accounts
Ledger assets
Noll Ledger Assets
Interesl accrued on bonds 4052 l
nteresi accrued on otter assets 3193 sl
Rents accrued on companys property or
lease
7n 60
49916 29
34526 60
16325 7 1
99436 36
19266 76
6332 15
19344 62
84348 98
36615 99
5645 83
160000 00
34676 12
608 90
564 37
6262902 54
970499 58
6161752 35
10129 45
79261 42
12111 I 86
1210 54
80424 82
7423390 i2
Total
14421 7ComptrollerGenerals Report
671
20 Market value of bonds and stocks over book value
1 On policies or renewals issued on or after October 1
1908 Accident 15617812 health 22682631 liabil
ity 22212044 fidelity 4564753 plate glass 51
53800 steam boiler 6823556 burglary and theft
7529366 fly wheel 1365126 workmens collective
835767 total
2 On policies or renewals issued prior to October 1 1908
Accident 2502826 health 2043517 liability 61
64365 fidelity 727881 plate glass 251392 steam
boiler 245791 burglary and theft 430414 fly
wheel 99917 workmens collective 107932 total
36 Totals
38 Reserve held for account Munich Reinsurance Company
395860 72
Total
40 Cross assets
Deduct Assets Not Admitted
42 Bills receivable
46 Gross premiums in course of collection
written prior to October 1 1908
48 Agents balances and sun
dry ledger accounts 80424 82
49 Munich reserve 47477 62
Total
1210 54
125740 35
127902 44
867848 55
125740 35
993588 90
47477 62
1041066 52
8904738 99
53 Total 254853 33
54 Admitted assets 8649885 66
VLiabilities
Losses and claims in process of adjustment Accident
14451500 health 7192565 fidelity 4232081 plate
glass 917760 steam boiler 745500 burglary and
theft 4304400 total
Losses and claims reported proofs not received Acci
dent 4029746 health 3772490 total
Losses and claims resisted Accident 5500000 health
197500 fidelity 3546889 plate glass 80000
steam boiler 525000 burglary and theft 447500
fly wheel 100000 total
Total losses and claims Accident 23981246 health
11162555 fidelity 7778970 plate glass 997760
steam boiler 1270500 burglary and theft 4751900
fly wheel 100000 total
Deduct reinsurance Fidelity
318438 06
78022 36
103968 89
500429 31
1809 71672
ComptrollerGenerals Report
7 Net unpaid claims except liability claims Accident
23981246 health 11162555 fidelity 7597999
plate glass 997760 steam boiler 1270500 burglary
and theft 4751900 fly wheel 100000 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 596391517
unearned premiums fifty per cent 299412111
20 Gross premiums less reinsurance upon
all umexpired risks running more than
one year from date of policy 1112
04120 unearned premiums pro rata 176147 its
498619 60
1130978 02
1629597 62
21
23
28
31
33
34
o
38
39
Total unearned premiums
Commissions brokerage and other charges due or to be
come duo to agents or brokers on policies issued on or
after October 1 1908 viz
Accident 526319 health 7434482 liability 47
99409 fidelity 6227 95 plate glass 154759l steam
boiler 1476221 burglary and theft 1717393 fly
wheel 239453 workmen V collective 148014 total
Salaries rents expenses bills accounts fees etc due
or accrued
State county and municipal taxes due or accrued
Interest due or accrued
Reinsurance
Advance premiums iono hundred per cent
Fidelity insurance fund subscriptions
from agents and employees 9791 82
Reinsurance due Munich Reinsurance com
pany
Suspense arcunit
All other
3170269 09
232516 76
38224 73
767113 21
1221 III
s221 17
18904 03
17177 62
3652 80
1467 s
Total
62390 05
H Total amount of all liabilities exeepl capital 5638 051 66
45 Capital actually paid up in cash 1000 000 111
lii Surplus over all liabilities 2 011834 III
47 Surplus as regards poli ryholders 3 011834 00
l8Tot liaMitieas7
Bnness i the state of Georgia During the fear
Gross premiums received risks written or renewed duringComptrollerGenerals Report
673

the year Accident 4277946 health 2082302
liability 1107324 fidelity 99419 plate glass 4
26433 steam boiler 705342 burglary and theft
587471 fly wheel 146021 workmens collective
6313 totals 94385 71
Gross losses paid Accident 3366200 health 1356606
liability 641996 plate glass 137262 steam boiler
274196 burglary and theft 73326 totals 58495 86
FEDERAL CASUALTY COMPANY OF DETROIT MICHIGAN
V D Cliff President Peter Patterson Secretary
Home Office No 533 Majestic Building Detroit Michigan
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 176395 90
Extended at 176395 90
IIIncome
1 Gross premiums written and renewed during the year
Accident and health 285426 00
2 Deduct reinsurance return premiums and cancellations
Accident and health 445 88
3 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 es
timated
22 Interest on bonds and dividends on stock 5960 92
23 Interest on deposit 90 17
26 Total interest and rents
38 Total income
284980 12
284980 12
24732 00
6051 09
492159 11674
ComptbollebGesterals Eeport
IIIDisbursements
1 Gross amount paid for losses Accident and health
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident and health
18 Policy fees retained by agents
19 Stockholders for interest or dividends amountdeclared
during the year 1400000
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
33 Loss on sale or maturity of ledger assets viz
34 Oenera expenseg 1875 89
35 Premium on bonds purchased in 1908 1933 12
Total
46 Total disbursements
IVLedger Assets
4 Book value of bondsexcluding interest 17350000 and
book value of stocks 0000600 total
5 Cash in companys office 147015 deposited in banks
2124347 total
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
18 Market value of bonds and stocks over book value
37 Gross assets
Deduct Assets Not Admitted
51 Admitted assets
VLiabilit iis
1 SSes and claims Accident and health 430 claims
pending Our claims average by year about 1850 each
121934 87
71025 58
24497 48
14000 00
18855 54
4734 83
1417 50
6251 95
7034 45
309 55
S33 79
4976 13
5989 31
209 50
3809 01
285939 49
183500 00
22719 62
206219 62
2323 09
5413 00
213955 71
213955 7ComptkollebGenebals Kepoet
675
Claims pending Dec 31st last year averaged about
3700 so we estimate liability at 430 claims at 3700
each
2 Burglary and theft
18 Total unpaid claims and expenses of settlement
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1908 viz
23 Accident and health
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
85879 21
15910 00
15910 00
3000 00
5500 00
3666 50
45 Surplus as regards polieyholders
28076 50
185879 21
46 Total liabilities
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident and health
2 Gross losses paid Accident and health
213955 7i
9444 10
3938 97
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
Edwin Warfield President Harry Nicodemus Secretary and Treasurer
Home Office N W Corner Charles and Lexington Sts Baltimore Md
Aaron Haas 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 year 5044792 50
Extended at 5644792 50
I TIncome
1 Gross premiums unpaid December 31 1907 Fidelity
8654291 surety 7594410 total 162487 01
2 Gross premiums written and renewed during the year
Fidelity 156830430 surety 35484304 total 1923147 34
3 Total Fidelity 165484721 surety 43078714 total 20850 I 35676
ComptrollerGenerals Eeport

4 Deduct reinsurance Fidelity 3293476 surety 2
56000 total
5 Deduct return premiums on policies canceled Fidelity
9669834 surety 443312 total
6 Deduct premiums on policies not taken Fidelity 47
31913 surety 906097 total
7 Deduct premiums in course of collection Fidelity 138
23406 surety 8418899 total
35494 76
101131 46
56380 10
222423 05
20
22
23
24
25
26
Total deductions Fidelity 31518629 surety 100
24308 total
Net easto received for premiums Fidelity 133966092
surety 33054406 total
Inspection
Gross interest on collateral loans
Gross interest on bonds and dividends on
stocks less 8125 accrued interest ac
quired during 1908
Gross interest on deposits in trust com
panies and banks
Gross interest from all other sources
Gross rents from companys property in
cluding 1268750 for companys occu
pancy of its own buildings
415429 37
1670204 98
492 45
2924 99
196897 76
1429 11
19 12
61738 58
27 Total gross interest and rents
28 From other sources viz Commissions and fees 3745
exchange 5938 items recovered charged against un
divided profits in previous years 56173 total
33 From agents balances previously charged off
34 Gross profit on sale or maturity of ledger assets viz
Bonds
35 Gross increase by adjustment in book value of ledger
assets viz Bonds 8864500 stocks 1224900 total
36 Total income
111Disbursements
1 Gross amount paid for losses Fidelity 58312771
surety 16787244 total
2 Deduct reinsurance Fidelity
3 Deduct Salvage Fidelity 18635709 surety 4500582
total
I Total deduction Fidelity 19737656 surety 45005 82
total

5 Net amount paid poldcyholders for losses Fidelity 385
75117 surety 12286662 total
263009 56
658 50
340 09
10346 00
100894 00
2045940 21
751000 17
11019 47
231362 91
242382 33
508617 70ComptbollebGenebals Refobt
677
16 Investigation and adjustment of claims viz Fidelity
2184638 surety 601881 total 50865 D
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
23 Fidelity 35419900 surety 8920791 total 443406 91
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 175125 OS
28 Salaries traveling and all other expenses of agents uo
paid by commissions 50468 67
30 Inspections other than medical and claim 23604 44
31 Eents including 1268750 for companys occupancy of
its own buildings 12687 50
32 Bepairs and expenses other than taxeson real estate 18508 27
33 Taxes on real estate 17010 87
34 State taxes on premiums 23786 24
35 Insurance department licenses and fees 1825 51
36 All other licenses fees and taxes viz Agents licenses
258000 State licenses 398351 municipal taxes
258171 State county and city taxes on capital stock
3707873 total 46223 55
41 Legal expenses 46811 98
42 Advertising 2140 64
43 Printing and stationery 10272 IS
44 Postage telegraph telephone and express 10937 26
45 Furniture and fixtures 4118 19
46 Stockholders for interest or dividends amount declared
during the year 29000000 290000 00
47 Other disbursements viz Brokerage 44375 develop
ment 486144 incidentals 1058079 traveling ex
penses 1087890 total 26764 88
52 Agents balances charged off 1304 19
53 Gross loss on sale or maturity of ledger assets viz
Bonds 12 50
54 Gross decrease by adjustment in book value of ledger
assets viz Bonds 436000 stocks 60500 total 4965 00
55 Total disbursements 1749456 84
IVLedger Assets
1 Book value of real estate 757000 00
3 Loans secured by pledge of bonds stocks or other col
laterals 106700 00
4 Book value of bonds 287008000 and stocks 1548
50900 total 4418589 00
6 Deposits in trust companies and banks not on interest 414212 87
7 Deposits in trust companies and banks on interest 136088 31
10 Advance on contract 83529 22
12 New York Excise Fund held by joint committee 25162 50
13 Ledger assets 5941281 90678
ComptrollerGenerals Eeport
NonLedgev Assets
18 Bents due on company s property or lease
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1 1908
Fidelity 10190140 surety 7679438 total
On policies or renewals issued prior to October 1 1908
Fidelity 3633266 surety 739461 total
2944 02
178695 78
43727 27
40 Gross assets 6166648 97
Deduct Assets Not Admitted
46 Gross premiums in course of collection written prior to
October 1 1908
43727
54 Admitted assets 0 joo p
1 70
VLiabilities
1 Losses and claims adjusted Fidelity
2 Losses and claims in process of adjustment Fidelity
3 Losses and claims reported proofs not received Fidelity
4 Losses and claims resisted Fidelity 8032642 surety
31358500 total
5 Total losses and claims Fidelity 31354188 surety
31358500 total
7 Net unpaid claims except liability claims Fidelity 313
54188 surety 31358500 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 155082183
unearned premiums 50 per cent 775410 92
19 Gross premiums on excise bonds written
in New York Stale 6593160 unearned
premiums 75 per cent 47948 70
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 13579412
unearned premiums pro rata 88 224 53
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz Fidelity 2547535 surety
1919859 total
28 State county 1 municipal taxes due or accrued
2479 83
21769s 1 1
13037 52
393911 42
627126 ss
627126 88
627126 SS
911584 15
44673 91
35000 00
ComptrollerGenerals Report 679
33 Reinsurance 1 130 06
34 Advance premiums 100 per cent 2341 95
i
44 Total amount of all liabilities except capital 1621856 98
45 Capital actually paid up in cash 2000000 00
46 Surplus over all liabilities 2501064 72
47 Surplus as regards policyholders 4501064 72
48 Total liabilities 6122921 70
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Fidelity 2478868 surety 504966 total 29838 34
Gross losses paid Fidelity 2580577 surety 184247 total 27648 24

UNITED STATES BRANCH FRANKFORT MARINE ACCIDENT AND
PLATE GLASS INSURANCE COMPANY OF GERMANY
C H Franklin United States Manager
United States Branch 100 William Street New York City
Fair Dadd Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previus year 1336807 13
Extended at 1336807 13
IIIncome
1 Gross premiums unpaid December 31 1907 Accident and
health 546900 liability 17229859 burglary and
theit 510068 workmens collective 2163879 total 204507 06
2 Gross premiums written and renewed during the year
Accident and health 8580910 liability 92312822
burglary and theft 3385762 workmens collective
8819914 total 1130994 08
3 Total Accident and health 9127810 liability 1095
42681 burglary and theft3895830 workmens col
lective 10983793 total 1335501 14680
ComptbollebGenebals Eepoet
4 Deduct reinsurance Accident and health 287872
liability 55237 burglary and theft 459280 total
5 Deduct return premiums on policies cancelled Accident
and health 544279 liability 7235810 burglary and
theft 195479 workmens collective 630462 total
6 Deduct premiums on policies not taken Accident and
health 968044 liability 8324209 burglary and
theft 617464 workmens collective 35400 total
7 Deduct premiums in course of collection Accident and
health 586419 liability 14409031 burglary and
theft 375595 workmens collective 2452667 total
8 Total deductions Accident and health 2386614 lia
bility 30024287 burglary and theft 1647818 work
mens collective 3118529 total
9 Net cash received for premiums Accident and health
6741196 liability 79518394 burglary and theft
2248012 workmens collective 7865264 total
19 Policy fees required or represented by applications
23 Gross interest on bonds and dividends on
Rtocks 43447 93
24 Gross interest on deposits in trust com
panies and banks j Q13 45
27 Total gross interest and rents
28 From other sources viz Bemittance from home office
3023
86060 30
99451 17
178237 12
371772 48
963728 66
4421 34
44461 38
5374 19
36 Total income
1017985 57
xxlDisbursements
1 Gross amount paid for losses Accident 3406369 lia
bility 39558457 burglary and theft 597026 work
men s collective 4876922 total
2 Deduct reinsurance Accident 73453 burglary and
theft 2500 total
3 Deduct salvage Burglary and theft
4 Total deduction Accident 73453 burglary and theft
6221 total
5 Net amount paid policyholders for losses Accident 33
32916 liability 39558457 burglary and theft 5
90805 workmens collective 4876922 total
16 Investigation and adjustment of claims viz Accident
385964 burglary and theft 117890 workmens col
lective 203851 total
21 Policy fees retained by agents
22 Commissions or brokerage less amount received on return
pWimunra and reinsurance for the following classes
484387 74
759 53
37 21
796 74
483591 00
87685 3S
4421 34ComptkollerGeneeals Report
681
Accident 2213996 liability 20254223 burglary and
theft 695661 workmens collective 1573962 total 247378 42
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 43060 12
28 Salaries traveling and all other expenses of agents not
paid by commissions 31948 04
30 Inspections other than medical and claim 12000 30
31 Rents 7269 00
34 State taxes on premiums 14996 35
35 Insurance department licenses and fees 4940 60
36 All other licenses fees and taxes viz Franchise taxes
14486 municipallicenses and fees 73322 total 878 08
41 Legal expenses 1827 58
42 Advertising 4465 12
43 Printing and stationery 10133 77
44 Postage telegraph telephone and express 5344 02
45 Furniture and fixtures 304 92
47 Other disbursements viz Miscellaneous 757665 re
mittance to home office 3177489 total 39351 54
53 Gross loss on sale or maturity of ledger assets viz
Bonds 7908 33
54 Gross decrease by adjustment in book value of ledger
assets viz Bonds 2571 21
55 Total disbursements 1010075 12
IVLedger Assets
4 Book value of bonds 1278857 30
5 ash in companys office 650 00
7 Deposits in trust companies and banks on interest 61006 27
10 Cash in hands of trustees 4204 01
13 Ledger assets 1344717 58
NonLedger Assets
15 Interest accrued on bonds 13271 87
17 Interest accrued on other assets 115 12
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1 1908
Accident 579619 liability 13971856 burglary and
theft 375595 workmens collective 2450715 total 173777 85
On policies or renewals issued prior to October 1 1908
Accident 6800 liability 437175 workmens collec
tive 1952 total 4459 27
40 wross assets 1536341 69
44ins682
CoMPTROLLERGrENERALs EePORT
Deduct Assets Not Admitted
46 Gross premiums in course of collection
written prior to October 1 1908 4459 27
47 Book value of ledger assets over market
value viz Bonds 38087 30
Total
42546 57
54 Admitted assets 1493795 IS
VLiabilities
2 Losses and claims in process of adjustment Accident and
health 880500 burglary and theft 963500 marine
500000 workmens collective 6919130 total
4 Losses and claims resisted Accident
5 Total losses and claims Accident 940500 burglary
and theft 963500 marine 500000 workmens
collective 6919130 total
6 Deduct reinsurance Accident 12500 burglary and
theft 313500 total
7 Net unpaid claims except liability claims Accident
928000 burglary and theft 650000 marine 5
00000 workmens collective 6919130 total
16 Special reserve for unpaid liability losses
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all nnexpired risks running one year or
less from date of policy 66895186 un
earned premiums 50 per cent 334 475 92
20 Gross premiums less reinsurance upon
all unexpdred risks running more than
one year from date of policy 3881260
unearned premiums pro rafa 2292798 22027 98
21 Total unearned premiums
22 Commissions brokerage and oilier charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz Accident 193431 liability
3759846 burglary and theft 119600 workmen
collective 31 1074 total
27 Salaries rents expenses bills accounts fees etc due
or accrued
28 State county and municipal taxes due or accrued
92631 30
600 00
93231 30
3260 00
89971 30
318449 27
408420 57
357403 90
44145 51
5400 00
7500ComptbollebGenebals Eepoet 683
34 Advance premiums 100 per cent 455 60
36 Contingent reserve 175000 00
44 Total amount of all liabilities except capital 998325 58
45 Capital actually paid up in cash 250000 00
46 Surplus over all liabilities 245469 54
47 Surplus as regards policyholders 495469 54
48 Total liabilities 1493795 12
Business in the State of Georgia During the Tear
Gross premiums received on risks written or renewed during
the year Accident 105983 liability 600258 bur
glary and theft 7587 workmens collective 24356
total 738184
Gross losses paid Accident 38880 liability 132355 total 1712 35
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION
Ltd OF GREAT BRITAIN
Franklin 1 Moore United States Manager
United States Office 400 Walnut Street Philadelphia Pa
William A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash New York de
posit 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1203808 67
Extended at 1203808 67
IIIncome
1 Gross premiums unpaid December 31 last year Accident
3087556 health 922257 liability 9142946 bur
glary and theft 3395064 total 165478 23
2 Gross premiums written and renewed during the year
Accident 98567213 health 29442453 liability
81546077 burglary and theft 21663860 auto prop
erty damage 15145316 total 2463649 19
3 Total Accident 101654769 health 30364710 lia
bility 90689023 burglary and theft 25058924 auto
property damage 15145316 total 2629127 42684 ComptrollerGeneral s Report
4 Deduct gross premiums now in course of collection Acci
dent 3760300 health 1123206 liability 175
25773 burglary and theft 4278255 auto property
damage 3847328 total 305348 62
5 Entire premiums collected during the year Accident
97894469 health 29241504 liability 73163250
burglary and theft 20780669 auto property damage
11297988 total q 2 323 778 80
6 Deduct reinsurance return premiums and cancellations
Accident 11316676 health 3380304 liability 230
51425 burgiary and theft 6623177 auto property
damage 3776688 total 487 482 70
7 Net cash actually received for premiums Accident 865
77793 health 25861200 liability 49511825 bur
glary and theft 14157492 auto property damage
7521300 total 183629G 10
18 Total net cash actually received from premiums 1836296 10
19 Policy fees required or represented by applications 112454 00
22 Interest on bonds and dividends on stock gg 331 39
23 I nterest on deposit 1 374 Q7
25 Gross rents from companys property including 1633312
for companys occupancy of its own buildings 16 333 12
27 Profit on sale or maturity of ledger assets viz Profit of
General Accident Insurance Co reinsured 26814272
amount received from home office 12234804 total 390490 76
32 From all other sources viz Profit on sale of bonds
24750 profit on sale of stocks 7500 increase by
adjustment in book value of bonds 230796 total 2630 46
38 Total income 2397910 80
IIIDisbursements
1 Gross amount paid for losses Accident 35388201
health 13332067 liability 19347054 burglary and
theft 6556918 auto property damage 2149249
total j
2 Pdint reinsurance Accident 1257795 health 3
75705 liability 500140 burglary and theft 312380
auto property damage 28224 total
3 Net amount paid policyholders for losses Accident
34130496 health 12956362 liability 18846911
burglary and theft 0244538 auto property damage
2121025 total
I Investigation and adjustment of claims Accident 5
735 79
24742 44
742993 35ComptrollerGenerals Report
685

81555 health 176379 liability 203219 burglary
and theft 315097 auto property damage 152415
total 14286 65
5 Totals Accident 34712051 health 13132741 lia
bility 19050133 burglary and theft 6559635 auto
property damage 2273440 total 757280 00
14 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident 28045975 health 10986135 liability
13049584 burglary and theft 5372022 auto prop
erty damage 2847435 total 603011 51
18 Policy fees retained by agents 112454 00
20 Salaries fees and all other compensation of officers
directors trustees rand home office employees 134924 15
22 Medical examiners fees and salaries 17347 49
23 Inspections other than medical 8709 23
24 Rents including 1633312 for companys occupancy of
its own buildings 28379 71
25 Repairs and expenses other than taxes on real estate 4048 42
26 Taxes on real estate 1940 25
27 All other taxes licenses and insurance department foes 38055 99
28 Legal expenses 5289 18
29 Advertising 800 00
30 Printing and stationery 26044 31
31 Postage and express 16775 69
32 Furniture and fixtures 7059 94
33 Loss on sale or maturity of ledger assets viz State tax
on personalty 867 72
37 All other disbursements viz Amount remitted home
office 10700953 traveling expense 1360557 mis
cellaneous expense 2980430 bonds 1580247 loss
on sale of bonds 163056 decrease by adjustment on
bonds 1000 total 16786 43
46 Total disbursements 1930850 02
IVLedger Assets
1 Book value of real estate unencumbered 213160 58
4 Book value of bonds excluding interest 114708978
and book value of stocks 16830236 total 1315392 14
5 ash in companys office 176736 deposited in banks
14024687 total 142014 23
7 Other ledger assets viz Accounts receivable 302 50
ii t j D 1670869 45
11 Ledger assets p
686
ComptrollerGenerals BfIOHT
XonLedger Assets
13 Interest accrued on bonds L3 270 68
lo Interest accrued on other assets 741 70
Total 14012 38
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Accident 3260651 health 973961 liability
10019833 burglary and theft 3628842 auto prop
erty damage 3655169 total 275384 56
On policies or renewals issued prior to October 1 1908
Accident 499649 health 149245 liability 15
05940 burglary and theft 649413 auto property
damage 192159 total 29961 01
37 Gross assets 1990230 45
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1908 29964 06
44 Hook value of ledger assets over market
value viz Jxinus and stocks 6934933
real estate 2316058 accounts receiv
able 30250 total 92 812 41
Total
1 1 b
A111 setS TMTz
VLiabilities
1 Losses and claims adjusted Accident 57750 health
1725 l1 750O0
Losses and claims in process of adjustment Accident
5229116 health 1896559 burglary and theft 9
26010 auto property damage 2825517 total his77 90
3 Losses and claims reported pi oofs nol received Accident
346500 health 103500 burglary and theft 4
63000 am1 property damage 1174483 total 20 874 83
1 Losses iiil claims resisted Accident 2533138 health
795337 burglary and theft 100000 auto property
damage 45000 total
t 1
5 Total losses and claims Accident 8166504 health
2812646 burglary and th ft 1 t89000 auto property
damage 4045000 total l6513 5
14 Deduct reinsurance 12 113 50ComptrollerGenerals Report
687
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 119730399
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 7033184 un
earned premiums pro rata
598651 98
43334 37
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 1908 viz Accident 1063247
health 321407 liability 5286544 burglary and
theft 1197517 auto property damage 1206205 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
32 Advance rpremiums 100 per cent
33 Other liabilities viz Voluntary reserve for contingent
liabilities 10000000 50 per cent reserve on unearned
premiums General Accident Insurance Co reinsured
June 30 1908 2409697 total
152618 00
185656 24
338274 24
641986 35
90749 20
55738 00
14435 56
124096 97
42 Total amount of all liabilities except capital 1265280 32
43 Capital actually paid up in cash de
posited New York Ins Dept 250000 00
44 Surplus over all liabilities 352173 66
45 Surplus as regards policyholders
602173 66
46 Total liabilities 1867453 98
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident 3234607 health 1078203 lia
bility 98990 burglary and heft 20056 amto
59020 total
dross losses paid Accident 2018804 health 672934
liability 3500 total
44908 76
26952 38688
ComptrollerGeneral s Report
GREAT EASTERN CASUALTY INDEMNITY CO OF X V
Louis II FibeJ President
Thomas H Darling Secretary
Home Office 290294 Broadwav New York N V
Frank L Woodruff 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
Previols yi 420717 83
Extended at
IIIncome
26 Total interest
38 Total income
126717 83
1 Gross premiums unpaid December 3 last rear Accident
1773082 health 513526 total
2 Gross premiums written and renewed during the year
Accident 35985203 health 13678861 total 196640 64
3 Total premiums Accident 37758285 health 141
92387 total
4 Deduct gross premiums now in course of collection Ac
cident 2141268 health 982505 total
5 Entire premiums collected during the year Accident
35017017 health 13200882 total
6 Deduct reinsurance return premium and cancellations
Accident 6239637 health 2689955 tola
7 Net cash actually received for premiums Accident
20377380 health 10519927 total
18 Total net cash actually received for premiums
10 Policy fees required or represented by applications
22 Interest on bonds and dividends on stock 16137 71
23 Interest on deposit 04
22soil os
519506 72
1237 73
488268 99
89295 92
398973 07
398973 07
37655 54
Hi703 oi
153332 20
111Disbursements
1 Cross amount paid for losses Accident 10026802
health 4121879 total
2 Deduct salvage and reinsurance Accident
3 Net amount paid policy holders for losses Accident 99
51 839j health 4121879 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 9432036 health a315189 total
1 nisi si
717 63
1 b727 Is
127172ComptrollerGenerals Report 689
18 Policy fees retained by agents 37655 54
19 Stockholders for interest or dividends amount declared
during the year 1000000 10000 00
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 43881 54
21 Salaries traveling and all other expenses of agents not
paid by commissions 6858 54
22 Medical examiners fees and salaries 1008 00
23 Inspections other than medical 3308 23
24 Rents 3240 00
27 All other taxes licenses and insurance department fees 9311 49
28 Legal expenses 2896 25
29 Advertising 1518 04
30 Printing and stationery 8564 62
31 Postage express telegraph and telephone 5537 66
32 Furniture and fixtures 229 85
33 Loss on sale or maturity of ledger assets viz
34 NT Y City 3 Bonds cost 10141919 sold 9806250 3356 69
37 All other disbursements viz
38 Traveling expense 6756 99
39 General expense 1854 15
40 Journal subscription 207 00
Total 8818 14
41 Agents balances charged off 255 76
46 Total disbursements 414639 78
IVLedger Assets
4 Book value of bonds excluding interest 34775000 and
book value of stocks 8341875 total
5 Cash in companys office 754025 deposited in banks
2670131 total
11 Ledger assets

431168 75
34241 56
465410 31
NonLedger Assets
12 Interest due and accrued on bank de
posits
13 Interest due and accrued on bonds
15 Interest due and accrued on stock divi
dend declared
41 81
3004 Hi
250 00
Total 3295 97
18 Market value of bonds and stocks over book value 2268 75
20 On policies or renewals issued subsequent to October 1
1908 Accident 2061768 health 929180 total 29909 1690 ComptrollerGenerals Eeport
21 On policies or renewals issued prior to October 1 1908
Accident 79500 health 53325 total
37 Gross assets
Deduct Assets Not Admitted
43 Gross premiums in course of collection written prior to
October 1 1908
51 Admitted assets
VLiabilities
1 Losses and claims reported proofs not received Acci
dent 715222 health 401551 total
2 Losses and claims resisted Accident
3 Total losses and claims Accident 1820222 health
401550 total
Unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 215104 02
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 659766 health 297337 total
32 Advance premiums 100 per cent
33 Other liabilities viz
34 State county municipal taxes due or accrued
42 Total amount of all liabilities except eapital
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 150256 43
45 Surplus as regards policvholders
46 Total liabilities
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident 278108 health 139912
2 Gross losses paid Accident 139317 health 54090
1328 25
502212 76
1328 25
500884 51
11167 73
11050 00
22217 73
107552 31
9571 03
I2S7 01
7000 00
150628 08
350256 43
500884 51
11 SO 50
1934 07ComptrollerGenerals Report
691

THE GUARANTEE CO OF NORTH AMERICA MONTREAL CANADA
Edward Rawlings President Richard B Scott Secretary
Home Office 57 Beaver Ball Hill Montreal Canada
Win V Ouster Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 304000 00
2 Amount of ledger assets December 31 of
previous year 1419748 50
Extended at 1419748 50
11Income
1 Gross premiums unpaid Dec 31 last year Fidelity 13011 22
2 Gross premiums written and renewed during the year
Fidelity 244772 65
3 Total premiums Fidelity 257783 87
4 Deduct gross premiums now in course of collection Fi
delity 6482 79
5 Entire premiums collected during the year Fidelity 251301 08
6 Deduct reinsurance return premiums and cancellations
fidelity 51302 74
7 Net cash actually received for premiums Fidelity 199998 34
18 Total net cash actually received for premiums 199998 34
21 Interest on collateral loans 1116 72
22 Interest on bonds and dividends on stock 5545 45
23 Interest on deposit 4211 23
24 Interest from all other sources 280 97
25 Gross rents from companys property in
eluding 2250 for companys occupancy
of its own buildings 2480 72
26 Total interest and rents
27 Profit on sale or maturity of ledger assets
63435 09
87 50
38 Total income
263520 93
IIIDisbursements
1 Gross amount paid for losses Fidelity 124146 17
2 Deduct salvage and reinsurance fidelity 40607 17
3 Net amount paid policyholders for losses Fidelity 83539 00
4 Investigation and adjustment of claims Fidelity 4361 65
5 Totals Fidelity 87900 65
14 Commissions or brokerage less amount received on retu rn
premiums and reinsurance for the following classes
15 Fidelity 1059 35692
ComptrollerGenerals Report
19 Stockholders for interest or dividends amount declared
during the year 2436800
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 Rents including 2250 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 Advert Lsing
30 Printing and stationery
31 Postage and express
37 All other disbursements viz
38 Sundry office expenses 5734 58
39 Agents balances charged off 1595 54
1 Book value of real estate unencumbered
4 Book value of bonds excluding interest 41611625 and
book value of stocks 82618462 total
5 Cash in companys offices 313943 deposited in banks
14887242 total
7 Other ledger assets viz
N furniture and safes
24368 00
48195 50
25129 91
15598 51
8526 49
153 49
613 09
6053 04
1878 06
1269 72
3265 37
5093 81
7330 12
Total
46 Total disbursements 236390 07
IVLedger Assets
48150 00
1242300 87
152011 85
1416 64
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
15 Interest accrued on other assets
6872 41
1200 mi
Total
23 On policies or renewals issued subsequent to October 1
L908 EMdelity
24 On policies or renewals issued prior to October 1 1908
Fidelity
8072 44
578 55
701 24
37 Gross assets
1461434 59ComptrollerGenerals Report
693
Deduct Assets Not Admitted
40 Furniture and fixtures 4416 H4
43 Gross premiums in course of collection
written prior to October 1 1908 701 24
44 Book value of ledger assets over market
value 7822 20
Total 12940 08
51 Admitted assets 1448494 51
VLiabilities
1 Losses and claims in process of adjustment Fidelity i
2 Losses and claims reported proofs not received Fidel
ity
3 Total losses and claims Fidelity
14 Deduct reinsurance
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 19570901 un
earned premiums 50 per cent 97854 50
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 692 un
earned premiums in full 692 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 1908 viz
23 Fidelity
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
33 Other liabilities viz
34 Surplus reinsurance reserve 12861 78
35 Contingency provisions 25000 00
Total
16323 00
20000 00
36323 00
10000 00
26323 00
26323 00
98546 50
324 14
6551 66
37861 78
42 Total amount of all liabilities except capital 169607 08
43 Capital actually paid up in cash 304600 00
44 Surplus over all liabilities 974287 43
45 Surplus as regards policyholders 1278887 43
46 Total liabilities 1448494 51694
ComptrollerGenerals Eeport
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Fidelity
2 Gross losses paid Fidelity
816 68
3444 73
HARTFORD STEAM BOILER INSPECTION AND INSURANCE COM
PANY OF HARTFORD CONNECTICUT
L B Brainerd President c S Blake Secretary
Home Office 56 Prospect Street Hartford Connecticut
Win A Wright 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 3914050 70
Extended at 39Uio50 76
IT Income
1 Gross premiums unpaid Dec 31 1907 Steam boiler 336069 01
2 Gross premiums written and renewed during the year
Steam boiler 137964776 fly wheel 84750 total 1380495 26
3 Total premiums Steam boiler 171571677 fly wheel
84750 total i716j564 27
4 Deduct reinsurance Steam boiler 1 500 00
5 Deduct return premiums on policies cancelled Steam
boiler 78426 03
6 Deduct premiums on policies not taken Steam boiler 78281 06
7 Deduct premiums in course of collection Steam boiler
40070812 fly wheel 6250 total 400770 02
S Total deductions Steam boiler 55891521 fly wheel
to1 558977 71
9 Net cash received for premiums Steam boiler 1156
80156 fly wheel 78500 total 1157586 56
20 Inspections 10 24 8
21 Gross interest on mortgage loans
2 Gross interest on bonds and dividends on
stocks less 3515454 accrued interest
on bonds acquired during 1908
24 Gross interest on deposits in trust compa
nies and banks
25 Gross interest from all other sources
26 Gross rents from companys property
53231 12
117805 3 1
2075 20
5 1 53
01 50
27 Total grossinterest and rents 173707
69CompteolleeGeneeals Eefoet 695
29 Contingent accountagents balances 350 00
34 Gross profit on sale or maturity of ledger assets viz
Bonds 6710 00
30 Total income 1349179 09
IIIDisbursements
1 Gross amount paid for losses Steam boiler 90935 35
5 Net amount paid polieyholders for losses Steam boiler 90935 35
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Steam boiler 28075956 fly wheel 6500 total 280824 50
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 57354 46
28 Salaries traveling and all other expenses of agents not
paid by commissions 127578 15
30 Inspections other than medical and claim 468243 53
32 Repairs and expenses other than taxes on real estate 7146 05
33 Taxes on real estate 2041 27
34 State taxes on premiums 19149 16
35 Insurance department licenses and fees 5692 67
36 All other licenses fees and taxes viz Corporation tax
State of Connecticut 1900000 municipal taxes 2
02094 total 21020 94
41 Legal expenses 1155 19
42 Advertising 2 486 33
43 Printing and stationery 18 289 55
44 Postage telegraph telephone and express 18476 26
45 Furniture and fixtures 3 540 75
46 Stockholders for interest or dividends amount declared
during the year 10000000 100000 00
53 Gross loss on sale or maturity of ledger assets viz
Bonds 2582 01
55 Total disbursements 1226516 23
IVLedger Assets
1 Book value of real estate 95100 00
2 Mortgage loans on real estate first liens 1024865 00
4 Book value of bonds 233215571 and stocks 418
35386 total 2750509 57
5 Cash in company s office 4 007 39
7 Deposits in trust companies and banks on interest 139219 70
10 Cash in hands of agents 23011 96
13 Ledger assets 4036713 62696
ComptrollerGeneral Report
XonLedger Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
25965 64
35154 54
Total
20 Market value of bonds and stocks over book value
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1 1908
Steam boiler 27395833 fly wheel 6250 total
On policies or renewals issued prior to October 1 1908
Steam boiler
61120 18
52571 7S
274025 83
126749 79
40 Gross assets 4551176 20
Deduct Assets Not Admitted
46 Gross premiums in course of collection written prior to
October 1 1908 1 26 749 79
54 Admitted assets 4 494 426 41
VLiabilities
2 Losses and claims in process of adjustment Steam boiler 28382 II
5 Total losses and claims Steam boiler
28382 11
4431 58
28382 11
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 8686317 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 3611
Is 127 unearned premiums pro rata 1842297 58
21 Total unearned premiums 1885729 16
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz Steam boiler 5479167
tly wheel 1 250 total
28 State county and municipal taxes due or accrued
36 Special and contingent reserve on account of the assumed
liability for guaranteeing the faithful performance by
the Boiler Inspection Insurance Co of Canada of its
covenants and obligations assumed under certain policies
issued by that companythis companys proportion of
the total premiums pertaining to such policies viz
54804 17
25000 00ComptrollerGenerals Report 697
3 702725 being 20 per cent of 8513625 the pro rate
reserve thereon amounting to 12 476 54
44 Total amount of all liabilities except capital 2006391 98
45 Capital actually paid up in cash 1000000 00
46 Surplus over all liabilities 1418034 43
47 Surplus as regards policyholders 2418034 43
48 Total liabilities 4 424 426 41
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Steam boiler 10 110 84
Grosslosses paid Steam boiler 83 40
ILLINOIS SURETY COMPANY CHICAGO ILLINOIS
F M Blount President H W Watkins Secretary
Home Office 206 LaSalle St Chicago 111
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets December 31 of
previous year 372085 58
Extended at 372j085 58
IIIncome

1 Gross premiums unpaid December 31 last year Fidel
ity 1410824 surety 1932050 total 33428 74
2 Gross premiums written and renewed during the year
Fidelity 9082226 surety 22802346 total 318845 72
3 Total premiums Fidelity 10493050 surety 247
34396 total 352 274 46
4 Deduct gross premiums now in course of collection Fi
delity 1742349 surety 2407316 total 41496 65
5 Entire premiums collected during the year Fidelity
8750701 surety 22327080 total 310777 81
6 Deduct reinsurance return premiums and cancellations
Fidelity 1870612 surety 3146540 total 50171 52
7 Net cash actually received for premiums Fidelity 68
80089 surety 19180540 total 260606 29
18 Total net cash actually received for premiums 260606 29
22 Interest on bonds and dividends on stock 20767 50
45ins698
ComptrollerGenerals Eeport
23 Interest on deposit 418 54
24 Interest from all other sources 289 78
26 Total interest and rents
32 From all other sources viz
33 Brokerage on business placed with other
companies 2462 83
34 Increase in book value of bonds 69 91
Total
38 Total income
21475 82
2532 74
284614 85
IIIDisbursements
Fidelity 971976 sure
Fidelity 169788
Fidelity 8
1 Gross amount paid for losses
ety 4128545 total
2 Deduct salvage and reinsurance
surety 621040 total
3 Net amount paid policyholders for losses
02188 surety 3507505 total
4 Investigation and adjustment of claims Fidelity
5 Totals Fidelity 825093 surety 3507505 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Fidelity 1510385 surety 4560549 total
19 Stockholders for interest or dividends amount declared
during the year 1250000
20 Salaries fees and all other compensation of officers
directors trustees and home office employees
24 Rents
2i Taxes on real estnlo
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 lixtures
37 All other disbursements viz
38 Agency 25432 brokerage 2500 de
velopment 5572 total
39 Exchange 5657 genera expense 2
06558 insurance 1441 total
40 Traveling 136290 bad debts 235511
bills receivable 169508 total
II Excise expense 1187200 auditing
50231 total
836 55
2136 56
5413 nil
51IMI5 21
7908 2 s
43096 93
229 05
43325 98
60709 31
12501 llll
30 i 5s 7 1
1284 96
II in
2812 5 7
5678 02
1299 94
385 68
1254 60
1885 4 7
12374 30ComptkollebGenebals Eeport
699
42 Interest on stocks and bonds
43 Decrease in book value of bonds
975 43
412 60
Total
46 Total disbursements
11 Ledger assets
NonLedger Assets
13 Interest accrued on bojlds
19 Gross premiums in course of collection viz
23 On policies or renewals issued subsequent to October 1
Fidelity 1194578 surety 1792085 total
24 On policies or renewals issued prior to October 1 Fi
delity 547771 surety 615231 total
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable 2719 73
43 Gross premiums in course of collection
written prior to October 1v 11630 02
44 Book value of ledger assets over market
value viz Bonds 363158
Total
51 Admitted assets
22148 53
192924 83
IVLedger Assets
4 Book value of bonds excluding interest 427 141 58
5 Cash in companys office 6573 deposited in banks
3384856 total 33914 29
6 Bills receivable 2 719 73
463775 60
1224 53
29866 63
11630 02
506496 78
17981 33
488515 45
VLiabilities
1 Losses and claims in process of adjustment Fidelity
10567 surety 1177472 total 11880 39
2 Losses and claims reported proofs not received Fi
delity 4 00
3 Losses and claims resisted Fidelity 239165 surety
1094090 total 13332 61
4 Total Fidelity 250132 surety 2271568 total 25217 00
18 Total unpaid claims and expenses of settlement 25217 00
19 Gross premiums less reinsurance upon700
ComptrollerGenerals Report
all unexpirod risks running one year or
less from date of policy 19867132
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date or policy 3497059
unearned premiums pro rata
99335 66
26227 95
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 232614 surety 485987 total
31 Reinsurance
33 Other liabilities viz
34 State county and municipal taxes due and accrued
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 250000 00
44 Surplus over all liabilities 75619 77
45 Surplus as regards policyholders
46 Total liabilities
125563 61
7186 01
2348 42
2580 64
162895 68
325619 T
488515 45
Business in the State of Georgia During the Year
Gross premiums in course of collection Dec 31 previous year
Fidelity 1410824 surety 1932050 total 3342874
Deduct the amount of same not collected or charged off dur
ing the year Fidelity 316732 surety 87708 total 4 044 40
Amount of same collected during the year Fidelity 10
940112 surety 1844342 total 29 384 34
INDIANA AND OHIO LIVE STOCK INSURANCE COMPANY OF
CRAWFORDV1LLE INDIANA
John R Bonnell President Charles L Goodbar Secretary
Principal Office Cor Main and Green Sts Crawfordville Did
ICapital Stock
1 Amount of capital stuck
paid up in cash100000 00
Amount of net or ledger assets December
31 of previous year 204 624 34
Ext6 at 204621 34ComptrollerGenerals Eeport
701

IIIncome During Year
1 Gash received far premiums on new poli
cies without deductions for commissions
or other expenses 183903 19
7 Total premium income 183903 19
8 Cash received for interest on mortgage loans 122 00
9 Cash received for interest on bonds owned and divi
dends on stock 8448 90
11 Cash received for interest on other debts due the com
pany 646 41
19 Prom all other sources viz Profit and loss 2 13
Total income 193122 63
IIIDisbursements for the Year
1 Cash paid for death claims including re
visionary additions 87969 50
Salvage 447 50
7 Total net amount actually paid for losses
10 Cash dividends paid stockholders
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies and renewals
18 Cash paid for salaries and allowances to managers and
agents
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 on new premiums and on renewals
22 Cash paid for taxes on reserves and investments
23 Cash paid for insurance department fees and agents and
municipal licenses
24 Cash paid for rent
27 Cash paid for advertising 313849 printing 155262
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage tele
graph telephone express etc
Occupation tax 2409 miscellaneous ex 118241 total
87522 00
20000 00
41583 95
2797 52
13 50
6708 94
1688 39
1815 00
2698 21
550 54
4691 11
77 60
1154 65
1206 50
30 Total disbursements
IVAssets as Per Ledger Accounts
172507 91
2 Loans on mortgage first liens on real estate 25300 00
3 Bonds 183497 52702
ComptrollerGenerals Eeport
8 Cash deposited in banks
9 Bills receivable
9998 51
6947 8a
Total
Less agents credits
11 Total net or ledger assets
225743 86
504 80
225239 06
Other Assets
14 Interest due 62556 and accrued 28661
on mortgages 912 17
15 Interest accrued on bonds 2196 92
18 Interest accrued on other assets bills re
ceivable 248 97
Total carried out
New Business Renewals
26 Net amount of uncollected
and deferred premiums 23528 23 6189 50
3358 06
29717 7
28 Total assets as per the books of the company
I tons Not Admitted
7 Hills receivable 6947 83
S Gross premiums in course of collection
prior to Oct 1 1908 6189 50
258314 S5
Total

13137 33
9 Total assets less items not admitted
245177 52
VLiabilities
Net reinsurance reserve unearned premiums
claims for death losses due and unpaid
awaiting proof
5 Claims for death losses anil matured en
dowments in process of adjustment or
adjusted and not due
6 I laims for death losses and other policy
claims resisted by the company
91216 03
8459 50
62 50
3000 00
Total death loss claims
11 Amount of unpaid commissions
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office ex
penses
11522 00
5638 02
2131 08
612 85ComptrollerGenerals Report 703
16 Amount of any other liability of the company viz
Tax due various State departments 2159 60
19 Total liabilities except capital stock etc 113279 58
Capital stock 100000 00
Surplus 31897 94
Total liabilities 245177 52

LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK
William T Woods President Charles E W Chambers Secretary
Home Office No 63 William Street New York N Y
A L Waldo Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets December 31 of
previous year 788112 32
Extended at 788112 32
IIIncome
1 Gross premiums unpaid December 31 last year Plate
glass
2 Gross premiums written and renewed during the year
Plate glass
3 Total premiums Plate glass
4 Deduct gross premiums now in course of collection
Plate glass
5 Entire premiums collected during the year Plate glass
6 Deduct reinsurance return premiums and cancellations
Plate glass
7 Net cash actually received for premiums
18 Total net cash actually received for premiums
22 Interest on bonds and dividends on stock 20030 03
25 Gross rents from companys property in
eluding 7000 for companys occupancy
of its own buildings 18985 91
26 Total interest and rents
38 Total income
97074 07
574719 80
671793 87
104707 44
567086 43
63966 68
503119 75
503119 75
39015 94
542135 69704 Comptroller eerals Refobt
IIIDisbursements
1 Gross amount paid for losses Plate glass
2 Deduct salvage and reinsurance Plate glass
3 Net amount paid policyholders for losses Plate glass
14 Commissions or brokerage less amount received on re
turn premiums and reinsurancefor the following classes
Plate glass
19 Stockholders for interest or dividends amount declared
during the year 5000000
20 Salaries fees and all othei compensation of officers
directors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
laid by commissions
24 Bents including 700000 for companys occupancy of its
own buildings
25 Repairs and expenses other than taxes on real estate
26 Taxes on real estate
27 AH 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 Bonds
37 AH other disbursements viz Interest on borrowed
money 24345 sundries 380215 agents balances
charged off 3121 total
46 Total disbursements i
IVLedger Assets
1 Book value of real estate j
4 Hook value of bonds excluding interest 25028084 and
book value of stocks 28586279 total
5 Cash in companys office 1099260 deposited in banks
1960249 total
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
16 Rents accruel on companys property or lease
17 Market value of real estate over book value
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October
1908 Plate glass
189878 19
5551 50
184326 69
175220 22
51000 00
57298 32
582 61
802 42
1186 08
6133 15
14701 24
1398 91
2479 36
2945 21
5124 98
40 INI
70l si
4070 si
517740 1 1
2457i is
536143 63
30595 i
SI 2501 90
3004 98
295 83
19230 82
101941 30ComptrollerGenerals Eeport
705
On policies or renewals issued prior to October 1 1908
Plate glass 2766 14
34 Other nonledger assets viz Salvage glass on hand
768932 sundry accounts 14500 total 7 834 32
37 Gross assets
Deduct Assets Not Admitted
947581 29
39 Bills receivable salvage glass on hand
40 Furniture and fixtures sundry accounts
43 Gross premiums in course of collection
written prior to October 1 1908
44 Book value of ledger assets over market
value viz Bonds 1271084 stocks
3891279 total
7689 32
145 00
2766 14
51623 63
Total
51 Admitted assets
VLiabilities
1 Losses and claims adjusted Plate glass
2 Losses and claims in process of adjustment Plate glass
5 Total losses and 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 43666897 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 12470558
unearned premiums pro rata
218334 49
64034 66
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
suent to October 1 1908 viz Plate glass
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
30 Return premiums
33 Other liabilities viz State county and municipal taxes
due or accrued
62224 09
885357 20
13533 10
5202 14
18735 24
15 Net unpaid claims except liability claims 18735 24
18735 24
282369 IB
33980 43
16 01
2635 08
6500 00
42 Total amount of all liabilities except capital 344235 91706 ComptbollerGenebals Eeport
43 Capital actually paid up in cash 250000 00
44 Surplus over all liabilities 291 121 29
45 Surplus as regards policyholders 541 121 29
46 Total liabilities 88j3
Business in the State of Georgia During the Year
Gross premiums received on risk written or renewed during
the year Plate glass 532 23
Gross losses paid Plate glass 47 47
UOYAL PROTECTIVE INSURANCE COMPANY OF MASSACHUSETTS
S Augustus Allen President Francis R Parks Secretary
Win A Wright Atlanta Attorney for Service in Georgia
Home Office 585 Boylston Street Boston Mass
ICapital Stock
1 Amount of capital paid up in cash 100000 00
Extended at 100000 Q
11 I Qcome
22 Interest on bonds and dividends on
stock 400 27
23 Interest on deposit 155 9
26 Total interest and rents 856 18
32 From all other sources viz Prom Loyal Protective
Asocial 13265313 premium from sale of capital
stock 200000 total g53
38 Total income
135509 31
IIIDisbursements
27 All other taxes licenses and insurance depart meat fees 93 no
28 Legal expenses
30 Printing and stationery 9Aa In
AH other disbursements viz Accrued interest on bonds
purchased 87238 miscellaneous commission for pur
chasing bonds 3750 traveling expenses 1080
certificate of organization and copies of charter 2500
Massachusetts State Treasurer certificate 625 total 95 93
40 Total disbursements 031T48ComptrollerGenerals Report
707
11
13
15
34
IVLedger Assets
Book value of bonds excluding interest
Cash in companys office and deposited in banks
Other ledger assets viz First National Bank certificate
of deposit 48073 State Street Trust Co 57595 total
Ledger assets
NonLedger Assets
Interest due and accrued on bonds 1325 77
Interest due and accrued on other assets
certificate of deposit 8 14
Total
Other nonledger assets viz Cash in hands of claim
inspector
37
44
Gross assets
Deduct Assets Not Admitted
Book value of ledger assets over market
value viz Bonds 111464 cash in
hands of claim inspector 7299 total 1187 63
Total
Losses and claims reported Accident and health proofs
not received
5
18
21
26
32
42
43
44
45
46
Total losses and claims Accident and health
Total unpaid claims and expenses of settlement
Surplus as regards policyholders
Total liabilities
123582 14
108557 01
1056 68
233195 83
1333 91
72 99
234602 73
1187 63
51 Admitted assets 233415 10
VLiabilities
45383 51
45383 51
45383 5i
Total unearned premiums 41131 17
Salaries rents expenses taxes bills accounts fees etc
due or accrued 6234 52
Advance premiums 100 per cent 2138 50
Total amount of all liabilities except capital 94887 70
Capita actually paid up in cash 100000 00
Surplus over all liabilities 38527 40
138527 40
233115 10708
ComptbolleeGenebals Bepoet
UNITED STATES BRANCH OF THE LONDON GUARANTEE AND
ACCIDENT COMcANY Ltd OF GREAT BRITAIN
A W Masters Genera Manager for the United States
Home Office for the United States 206 La Salle Street Chicago 111
T L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
iu casli 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2119 285 19
Extended at
2119285 19
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
932367 health 26600 liability 32383813 credit
212501 auto property damage 15500 workmens
collective 1428743 total 31909 0
2 Gross premiums written and renewed during the year
Accident 7158222 health 289451 liability 1768
326 6 steam boiler 766 150 burglary and theft 31
42437 credit 10509842 auto property damage
630108 workmens collective 9088369 total 2084175 55
3 Total Accident 8090589 health 316051 liability
209216489 steam boiler 766 151 burglary and
theft 3142437 eredit 10722342 auto property
damage 645608 workmens collective 10517112
total
4 Deduct reinsurance
Accident 671698 health 32236
liability 670164 steam boiler 80150 burglarv and
theft 199173 total
5 Deduct return premiums on policies cancelled Accident
122291 health 9185 liability 10738734 burglary
and theft 123431 auto property damage 33836
workmens collective 61257 total
6 Deduct premiums on policies nor taken Accident 8
68060 health 51190 liability 12943559 steam
boiler 515i burglary and theft 325576 credit
603952 auto property damage 34760 workmens
collective 318400 total
7 Deducl premiums in course of collection Accident
918585 health 80688 liability U9iKn steam
bolter 39751 burglary and thcft 970177 credit
2434170 78
1653 1 21
116300
151969 97ComptrollerGenerals Report
709
540000 auto property damage 96380 workmens
collective 1068151 total 390364 25
8 Total deductions Accident 2580637 health 173299
liability 59317101 steam boiler 529150 burglary
and theft 1618657 credit 1143952 auto property
damage 164976 workmens collective 1989124
total 675168 96
9 Net cash received for premiums Accident 5509952
health 142752 liability 149899388 steam boiler
237300 burglary and theft 1523780 credit 95
78390 auto property damage 480632 workmens col
lective 8527988 total 1759001 82
23 Gross interest on bonds and dividends on
stocks less vi82106 accrued interest ac
quired during 1908 73282 32
24 Gross interest on deposits in trust com
panies and banks 1455 16
27 Total gross interest and rents 74737 48
36 Total income 1833739 30
IIIDisbursements
Gross amount paid for losses Accident 3981914
health 10000 liability 55104129 burglary and
theft 85250 credit 6768632 auto property damage
25100 workmens collective 2698713 total 686737 38
Deduct reinsurance Accident 510841 health 5000
buTglary and theft 1564 total 5174 05
Deduct salvage Credit 12995 99
4 Total deductions Accident 510841 health 5000
burglary and theft 1564 credit 1299599 total 18170 04
5 Net amount paid policyholders for losses Accident 34
71073 health 5000 liability 55104129 burglary
and theft 83686 credit 5469033 auto property
damage 25100 workmens collective 2698713
total 668567 34
16 Investigation and adjustment of claims viz Accident
184247 liability 22457276 burglary 1490 credit
204135 auto property damage 6654 total 228538 02
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
23 Accident 1886669 health 52783 liability 40673 0
ComptrollerGenerals Report
39331 steam boiler 27262 burglary and theft 5
01879 credit 2873518 auto property damage
132173 workmens collective 1981091 total 480947 06
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 92 054 90
28 Salaries traveling and all other expenses of agents not
paid by commissions 3g goo a a
30 Inspections other than medical and claim 12781 10
3 Rents a n
6919 64
34 State taxes on premiums 2 1 988 85
35 Insurance department licenses and fees 2o60 00
36 All other licenses fees and taxes viz Municipal and
State licenses 145800 advertising statement legal
requirement 47583 income tax on Sterling bonds
18766 consular fees 33364 total 2 455 13
41 Legal expenses 40
42 Advertising J
43 Printing and stationery 15 80 q
44 Postage telegraph telephone and express JH 32
45 Furniture and fixtures 349q g
46 Stockholders for interest or dividends 121 737 4S
47 Other disbursements viz General expense 76141
traveling expenses 268879 exchange 57450 bureau
and agency reports 193590 total 12 813 62
55 Total disbursements j 1724509 96
IVLedger Assets
4 Book value of bonds 2106750 30
Cash in companys office x 67
6 Deposits in trnsi companies and banks not on interest IOsoOO 00
9 Other ledger assets viz Agents balances i292 62
13 Ledger assets o7S
NonLedger Assets
15 Interest accrued on bonds 8 091 38
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1
1908 Accident 874220 health 77188 liability
33128090 steam boiler 347500 burglary and theft
971477 credit 540000 automobile property damage
96380 workmens collective 973046 total 370069 01
On policies or renewals issued prior to October 1 1908
Accident 44365 health 3500 liability 1836554
steam boiler 50000 workmens collective 95105
t0tal 2029524
4 GrM lssMs 71t7wComptrollerGeneral s Eeport
711
Deduct Assets Not Admitted
46 Gross premiums in course of collection written prior to
October 1 1908 20 295 24
47 Book value of ledger assets over market value viz
Bonds 11420253 agents balances 1209262 total 126295 15
54 Admitted assets 2500379 77
VLiabilities
3 Losses and claims reported proofs not received Accident
1330500 health 12500 burglary and theft 72500
credit 505000 workmens collective 890600 total 28111 00
4 Losses and claims resisted Accident 1500000 credit
100000 total 16000 00
5 Total losses and claims Accident 2830500 health
12500 burglary and theft 72500 credit 605000
workmens collective 890600 total 44111 00
6 Deduct reinsurance Accident 5000 00
7 Net unpaid claims except liability claims Accident 23
30500 health 12500 burglary and theft 72500
credit 605000 workmens collective 890600 total
16 Special reserve for unpaid liability losses
17 Special Teserve for credit losses on policies expiring in
October November and December 1908 being 50 per
cent of 3745801 gross premiums received on said
policies less 130000 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 120201226
unearned premiums fifty per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 149
47122 unearned premiums pro rata
601006 12
81148 59
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz
Accident 305977 health 27016 liability 9110224
steam boiler 95562 burglary and theft 339667
credit 162000 auto property damage 26504 work
men s collective 243262 total
23
39111 00
770709 47
17429 00
827249 47
682154 71
in102 12712
ComptrollerGenerals Eeport
27 Salaries rents expenses bills accounts fees etc due
or accrued
28 State county and municipal taxes due or accrued
33 Reinsurance
36 Contingent reserve 100OOo 00
37 Additional reserve for credit insurance
30000 00
losses
Total
4979 92
30000 00
1065 41
130000 00
44 Total amount of all liabilities except capital 1778551 63
45 Capital actually paid up in cash 300000 00
46 Surplus over all liabilities 42l828 14
47 Surplus as regards policyholders
48 Total liabilities
721828 14
2500379 77
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Health 73600 liability 10500
fidelity 1622856 workmens collective 8334 total 17 159 q0
2 Gross losses paid Fidelity g954
MARYLAND CASUALTY COMPANY OF BALTIMORE MARYLAND
J0m J St0nPreSidt Ja3neS R MiteM1 tary
Home Office Maryland Casualty Building Baltimore Maryland
A Haas Son and Howell Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
rsh 750000 00
2 Amount of ledger assets December 31 of
previous year 3518123 80
Extended at
3518123 80
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
11304621 health 839740 liability 336925 87
plate glass 3797220 steam boiler 3807641 bur
glary and the 5348594 sprinkler 2504510 total
2 Gross premiums written and renewed luring the year
Accident 126996015 health 1 I7370S7 liability
612949 ISComptrollerGenerals Report
713
199799803 plate glass 33793794 steam boiler
23790265 burglary and theft 36884585 sprinkler
17773954 fly wheel 2245927 auto property dam
age 1416688 workmens collective 3011058 total 4574491 76
3 Total premiums Accident 138300635 health 125
76827 liability 233492390 plate glass 37591014
steam boiler 27597906 burglary and theft 422
33179 sprinkler 20278464 fly wheel 2245927
auto property damage 1416688 workmens collective
3011058 total 5187440 88
4 Deduct reinsurance Accident 3686130 health 29854
liability 49300 plate glass 1250 burglary and
theft 2346948 total 61134 82
5 Deduct return premiums on policies cancelled Accident
16698784 health 24364 86 liability 33878946
plate glass 2694612 steam boiler 3892142 bur
glary and theft 4122055 sprinkler 2731614 fly
wheel 116267 auto property damage 90901 work
men s collective 501488 total 671 632 95
6 Deduct premiums on policies not taken Accident 153
57531 health 1622677 liability 5546402 plate
glass 3714045 steam boiler 2476202 burglary and
theft 3801428 sprinkler 910538 fly wheel 1
98074 auto property damage 118758 workmens
collective 63476 total 338 091 31
7 Deduct premiums in course of collection Accident 151
82427 health 1255953 liability 26832474 plate
glass 4369548 steam boiler 2850721 burglary and
theft 4725888 sprinkler 2313290 fly wheel 3
15449 auto property damage 189151 workmens
collective 381517 total 584 154 g
8 Total deductions Accident 50924872 health 53
44970 liability 66307122 plate glass 10779455
steam boiler 9219065 burglary and theft 14996319
sprinkler 5955442 fly wheel 629790 auto property
damage 398810 workmens collective 946481 total 1655023 26
9 Net cash received for premiums Accident 87375763
health 7231857 liability 167185268 plate glass
26811559 steam boiler 18378841 burglary and
theft 27236860 sprinkler 14323022 flywheel 16
16137 auto property damage 1017878 workmens
collective 2064577 total 3532 417 62
23 Gross interest on bonds and dividends on
stocks less 2063668 accrued interest
acquired during 1908 120454 21
24 Gross interest on deposits in trust com
panies and banks 1361 21
25 Gross interest from all other sources 5885 99
26 Gross rents from companys property in
46ins714
ComptrollerGenerals Eeport
eluding 1778719 companys occupancy
of its own buildings 36 518 44
27 Total gross interest and rents 164 219 85
34 Gross profit on sale or maturity of ledger
assets viz
Bonds 6566 05
Stocks 250 00
Total 6816 05
35 Gross increase by adjustment in book
value of ledger assets viz
Bonds 11052877
Stocks 225 00
Tota 117753 77
36 Total income 3821207 29
IIIDisbursements
1 Gtoss amount paid for losses Accident 42760653
health 4386322 liability 61982563 plate glass
11515041 steam boiler 1096012 burglary and theft
8535835 sprinkler 3859277 fly wheel 1093366
auto property damage 176291 workmen s collective
861126 total 1362664 86
2 Deduct reinsurance Accident 1868480 health 304
55 plate glass 3560 burglary and theft 503145 24056 40
4 Total deduction Accident 1868480 health 30455
plate glass 3560 burglary and theft 503145 total 24056 40
5 Net amount paid policyholders for losses Accident
40892173 health 4355867 liability 61982563
plate glass 11511481 steam boiler 1096012 bur
glary and theft 8032690 sprinkler 3859277 fly
wheel 1093366 auto pioperty damage 176291
workmens collective 861126 total 1338608 46
16 Investigation and adjustment of claims viz
17 Accident 708683 health 45672 liability 23106993
plate glass 23225 steam boiler 102203 burglary
and theft 382315 sprinkler 109839 fly wheel
14445 auto property damage 15575 workmens
collective 168881 total 246779 31
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
23 Accident 30571725 health 2324850 liability 404
83771 plate glass 9111577 steam boiler 4495049
burglary and theft 7804329 sprinkler 3480153 fly
wheel 480545 auto property damage 249777
workmen s collective 506473 total 995082 49ComptrollerGeneral s Eeport
715
27 Salaries fees and all other compensation of officers di
rectors trustees and home office employees
28 Salaries traveling and all other expenses of agents not
paid by commissions
29 Medical examiners fees and salaries
30 Inspections other than medical and claim
31 Bents including 1778719 for companys occupancy of
its own buildings
32 Bepairs and expenses other than taxes on real estate
33 Taxes on real estate
34 State taxes on premiums
35 Insurance department licenses and fees
36 All other licenses fees and taxes viz
37 Municipal licenses v 4515 49
38 Tax on capital 11176 28
Total
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
46 Stockholders for interest or dividends amount declared
during the year 11250000
47 Other disbursements viz
48 General expense 7814 76
49 Traveling 2124 21
Total
53 Gross loss on sale or maturity of ledger assets viz
Bonds
54 Gross decrease by adjustment in book value of ledger
assets viz
Bonds 4809 25
Stocks 5900 00
Total
55 Total disbursements
177363 75
199685 51
2850 00
87625 58
17787 19
10328 57
6198 96
42908 55
13586 47
15691 77
1250 00
45515 77
31335 33
5902 33
7137 99
112500 00
9938 97
935 00
10709 25
IVLedger Assets
1 Book value of real estate 506630 98
4Book value of bonds 304027101 and stocks 179
22500 total 3219496 01
5 Cash in companys office 26180 84
6 Deposits in trust companies and banks not on interest 41123 42
7 Deposits in trust companies and banks on interest 34573 23716
ComptrollerGenerals Eeport
8 Bills receivable 7180 90
9 Other ledger assets viz
10 Ground rent 100000 00
11 Agents balances 24 424 46
Total 124424 46
13 Ledger assets 3959609 84
NonLedger Assets
15 Interest accrued on bonds 20 636 68
21 Gross premiums in course of collection viz
1 On policies or renewals issued on or after October 1
1908 Accident 14707326 health 1194614 liabil
ity 24076738 plate glass 4289652 steam boiler
2770127 burglary and theft 4667981 sprinkler
2285340 fly wheel 315449 automobile property
damage 169772 workmens collective 380957 548579 56
2 On policies or renewals issued prior to October 1 1908
Accident 475101 health 61339 liability 27
55690 plate glass 79896 steam boiler 80594
burglary and theft 57907 sprinkler 27950 auto
mobile property damage 19425 workmens collec
tive 560 total 35584 6
40 Gross assets 4564410 70
Deduct Assets Not Admitted
42 Bills receivable 7180 90
46 Gross premiums in course of collection
written prior to October 1 1908 35 584 62
47 Book value of ledger assets over market
value viz
48 Agentsbalances 24424 46
Total 67189 98
5 I Admitted assets 4497 ooq 72
V Liabilities
1 Losses and claims in process of adjustment Accident
7176635 health 407392 plate glass 1227167
steam boiler 119200 burglary and theft 1963740
sprinkler 130000 physicians defense 175 total 110416 34
3 Losses and claims resisted for policy holders Physi
cians defense on nn
30 V 5 00
4 Losses and claims resisted Accident 19350 health
150 plate glass 2081 strain boiler 9450 burglaryComptrollerGenerals Eeport
717

and theft 2450 sprinkler 1150 fly wheel 750
total
5 Total losses and claims Accident 9111635 health
422392 plate glass 1435267 steam boiler 10
64200 burglary and theft 2208740 sprinkler 2
45000 physicians defense 355000 fly wheel 750
7 Net unpaid claims except liability claims Accident
9111635 health 422392 plate glass 1435267
steam boiler 1064200 burglary and theft 2208740
sprinkler 245000 physicians defense 355000 fly
wheel 75000 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 269996001
unearned premiums fifty per cent 1349980 00
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 590
45840 unearned premiums pro rata 313708 00
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz
23 Accident 5147564 health 382276 liability 53
25636 plate glass 1458481 steam boiler 664830
burglary and theft 1335014 sprinkler 548482 fly
wheel 91480 auto property damage 40745 work
mens collective 91430 total
28 State county and municipal taxes due or accrued
33 Reinsurance
35381 00
149172 34
149172 34
630380 55
779552 89
1063688 00
150859 38
49996 54
2981 63
44 Total amount of all liabilities except capital 2647078 44
45 Capital actually paid up in cash 750000 00
46 Surplus over all liabilities 1100142 28
47 Surplus as regards policyholders 1850142 28
48 Total liabilities 4497220 72
Business in the State of Georgia During the Year
1 Gross premiums received on Tisks written or renewed
during the year Accident 3204643 health 1
15012 liability 3089599 plate glass 492903
steam boiler 323568 burglary and theft 496852
sprinkler 242730 fly wheel 167734 automobile718
ComptrollerGenerals Eeport
property damage 53043 workmens collective 307
27 total
2 Gross losses paid Accident 2994331 health 105031
liability 1477048 plate glass 141773 burglary and
theft 66511 automobile property damage 4720
workmens collective 1334 total
82168 11
47907 48
MASSACHUSETTS BONDING AND INSURANCE COMPANY OF
BOSTON MASSACHUSETTS
T J Ealvey 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 500000 00
2 Amount of ledger assets December 31 of
previous year 732757 28
Extended at 732757 2S
IIIncome
1 Gross premiums unpaid December 31 last year Fidelity
185492 surety 195915 burglary and theft
13239 total
2 Gross premiums written and renewed during the year
Fidelity 10662182 surety 15671785 burglary and
theft 7257405 total
3 Total premiums Fidelity 10847674 surety 158677
burglary and theft 7370644 total
4 Deduct gross premiums now in course of collection Fi
delity 2417503 surety 2156227 burglary and
theft 1800320 total
5 Entire premiums collected during the year Fidelity 84
30171 surety 13711473 burglary and theft 55
70324 total
6 Deduct reinsurance return premiums and cancellations
Fidelity 975052 surety 1956248 burglary and
eft 1961623 total
7 Net cash actually received for premiums Fidelity 74
5431 surety 11755225 burglary and theft 36
08701 total
4946 46
335913 72
340860 IS
63740 50
277119 68
48937 23
228182 45ComptrollerGenerals Report
18 Total net cash actually received for premiums
22 Interest on bonds less accrued interest 22503 21
23 Interest on deposit 3328 91
26 Total interest and rents
32 From all other sources viz
33 Check account collateral credited into salvage
38 Total income
IIIDisbursements
1 Gross amount paid for losses Fidelity 17696 bur
glary and theft 669923 total
2 Deduct salvage and reinsurance Fidelity 8375 bur
glary and theft 54812 total
3 Net amount paid policyholders for losses Fidelity 9321
burglary and theft 615 11 total
4 Investigation and adjustment of claims Burglary and
theft
5 Totals Fidelity 35392 burglary and theft 1343581
total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Fidelity 2020776 surety 3345237 burglary and
theft 1000424 total
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
37 All other disbursements viz
38 Traveling expenses
39 General expenses
40 Improvement on leased building
41 Insurance on officers bonds
6414 21
2466 59
3450 32
211 60
Total
46 Total disbursements
IVLedger Assets
4 Book value of bonds excluding interest
719
228182 45
25832 12
100 00
254114 57
6876 19
631 87
6244 32
37 35
13789 73
63664 37
48204 89
4322 29
7772 91
14445 35
1941 12
5433 35
12148 99
4792 20
3764 55
12542 72
185314 41

626563 87720
ComptrollerGenerals Report
5 Cash in companys office 2881514 deposited in banks
14617843 total
11 Ledger assets
NonLedger Assets
13 Interest accrued on bonds
18 Market value of bonds and stocks over book value
19 Gross premiums in course of collection viz
23 On policies or renewals issued subsequent to October 1
Fidelity 2165256 surety 1451836 burglary and
theft 1716089 total
24 On policies or renewals issued prior to October 1 Fi
delity 252247 surety 704391 burglary and theft
84231 total
Total
51 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Fidelity
152810 surety 311193 burglary and theft 396
35 totalf
2 Losses and claims reported proofs not received Bur
glary and theft
3 Losses and claims resisted Surety
4 Losses and claims resisted Fidelity 152810 surety
346193 burglary and theft 194860 total
14 Deduct reinsurance
15 Net unpaid claims except liability claims
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 24615024 un
earned premiums 50 per cent
20 Gross premiums loss reinsurance upon
all unexpired risks running more than
I 2075 11
174993 57
801557 44
3055 40
23036 13
53331 81
10408 69
37 Gross assets 891389 47
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1908 10408 69
44 Book value of ledger assets over market
value viz
45 Collateral credited to salvage 100 00
10508 69
880880 78
5036 38
1552 25
350 00
6938 63
7 10
6931 13ComptrollerGenerals Report 721
1 one year from date of policy 2233986
unearned premiums pro rata 22339 86
21 Total unearned premiums 145414 97
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1908 viz
23 Fidelity 372263 surety 631826 burglary and theft
201188 total 12052
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 8063 28
30 Return premiums 21 46
31 Reinsurance 1811 63
33 Other liabilities viz
34 Advanced premiums one hundred per
cent 946 6
35 State county and municipal taxes due or
accrued 3794 60
Total 4741 20
42 Total amount of all liabilities except capital 179054 44
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 201826 34
45 Surplus as regards policyholders 701826 34
46 Total liabilities 880880 78
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Surety 914 90
THE METROPOLITAN CASUALTY INSURANCE COMPANY OF
NEW YORK N Y
Eugene H Winslow President S Wm Burton Secretary
Home Office 47 Cedar St New York City N Y
J L Riley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid dip
in cash 200000 00
2 Amount of ledger assets December 31 of
previous year 592519 55
592519 55
Extended at v722
ComptrollerGenerals Report
IIIncome
1 Gross premiums unpaid December 31 last year Ac
cident 1115165 health 315268 plate glass 80
58801 total
2 Gross premiums written and renewed during the year
Accident 11975392 health 2163673 plate glass
55637893 total
3 Total premiums Accident 13090557 health 24
78941 plate glass 63696694 total
4 Deduct gross premiums now in course of collection Ac
cident 1513311 health 344234 plate glass 84
99793 total
5 Entire premiums collected during the year Accident
11577246 health 2134707 plate glass 55196901
6 Deduct reinsurance return premiums and cancellations
Accident 2622162 health 611474 plate glass
8106276 total
7 Net cash actually received for premiums Accident
8955084 health 1523233 plate glass 47090625
18 Total net cash actually received for premiums
22 Interest on bonds and dividends on stock 19366 00
23 Interest on deposit 957 77
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz
28 From agents balances previously charged off
94892 34
697769 58
792661 92
103573 38
689088 54
113399 12
575689 42
575689 42
20323 77
23 93
38 Total income
596037 12
1
2
3
4
14
15
19
20
21
111Disbursements
Gross amount paid for losses Accident 3084248
health 612333 plate glass 16905943 total
Deduct salvage and reinsurance Accident 97785 plate
glass 432616 total
Net amount paid policyholders for losses Accident
2986463 health 612333 plate glass 16473327
Investigation and adjustment of claims Accident
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 3150548 health 534304 plate glass 166
88297 total
Stockholders for interest or dividends amount declared
during the year 20000
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
Medical examiners fees and salaries
206025 24
5304 01
200721 23
614 26
203731 49
20000 00
65907 30
14128 42
1300 30ComptrollerGenerals Report
723
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 vi
38 Commercial ageneies and underwriters as
sociations 2588 92
39 Exchange on bank checks 158 93
40 Home office expenses 753 78
41 Agents balances charged off 694 20
Total
7475 04
16637 54
1633 81
2479 50
5279 77
4516 05
204 25
4195 83
46 Total disbursements
548824 79
IVLedger Assets
4 Book value of bonds excluding interest 41180625 and
book value of stocks 15619995 total
5 Cash in companys office 142280 deposited in banks
7030288 total
11 Ledger assets
568006 20
71725 68
639731 88
NonLedger Assets
13 Interest accrued on bonds 4279 13
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1908 Accident 1513311 health 344234 plate glass
8435342 total 102928 87
25 On policies or renewals issued prior to October 1 1908
Plate glass 644 51
37 Gross assets
Deduct Assets Not Admitted

43 Gross premiums in course of collection
written prioT to October 1 1908 644 51
44 Book value of ledger assets over market
value 19866 20
Total
747584 39
20510 71
51 Admitted assets 727073 68724
CompteollebGeneeals Repobt
VLiabilities
1 Losses and claims in process of adjustment Accident
319500 plate glass 568392 total
2 Losses and claims reported proofs hot received Acci
dent 332450 health 85200 total
3 Losses and claims resisted Accident 205000 health
200 total
4 Total losses and claims Accident 856950 health
105200 plate glass 568392 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 59130358 un
earned premiums 50 per cent 295651 79
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 1908 viz
23 Accident 504437 health 114745 plate glass 28
13024 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
27 Dividends due stockholders
31 Beinsurance
33 Other liabilities viz
34 Contingent fund
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 164 624 88
45 Surplus as regards polieyholders
46 Total liabilities
Business in the State of Georgia During the Yea
1 doss premiums received on risks written or renewed
during the year Accident 1003564 health 1
75531 plate glass 205425 total
2 Gross losses paid Accident 644034 health 73319
plate glass 78043 total
8878 92
4176 50
2250 00
15305 42
15305 42
295651 79
334322 06
607 20
5788 02
774 31
10000 00
362448 80
364624 8S
727073 68
13845 20
7 96ComptrollerGexerals Eeport
725
NATIONAL SURETY COMPANY OF NEW YORK N Y
279792 47
Win B Joyce President David W Armstrong Jr Secretary
Home Office 115 Broadway New York N Y
Boyd Perrj 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 2281529 66
Extended at 2281529 66
IIIncome
1 Gross premiums unpaid December 31 last year Fidel
ity 12128913 surety 10584407 burglary and theft
5265927 total
2 Gtoss premiums written and renewed during the year
Fidelity 97578998 surety 94052263 burglary and
theft 39077721 total
3 Total premiums Fidelity 109707911 surety 1
04636670 burglary and theft 44343647 total
4 Deduct gross premiums now in course of collection Fi
delity 8277808 surety 15497343 burglary and
theft 5490457 total 292656 08
5 Entire premiums collected during the year Fidelity
101430103 surety 89139327 burglary and theft
38853190 total 2294226 20
6 Deduct reinsurance return premiums and cancellations
Fidelity 20527426 suretv 16322738 burglary and
theft 12572478 total 494226 42
7 Net cash actually received for premiums Fidelity
80902677 surety 72816589 burglary and theft
26280712 total
Total net cash actually received for premiums
18
20
22
23
24
25
Interest on mortgage loans 548 41
Intereston bonds and dividends on stock 61689 11
Interest on deposit 11936 88
Interest from all other sources 1180 75
Gross rents from companys property 5651 50
26 Total interest and rents
27 Profits on sale or maturity of ledger as
sets viz
29 Bonds
30 Stocks
81000 65
375 on
2442 00
Total
2817 00726 ComptrollerGenerals Report
32 From all other sources viz
33 Profit and loss items 5 668 92
35 Suspense items 5 200 94
Total 10869 86
38 Total income 1894693 29
IIIDisbursements
1 Gross amount paid for losses Fidelity 33810994
surety 37923034 burglary and theft 13057864
2 Deduct salvage and reinsurance Fidelity 13523500
surety 22890799 burglary and theft 1518414 total
3 Net amount paid policyholders for losses Fidelity 202
87494 surety 15032235 burglary and theft 115
39450 total
4 Investigation and adjustment of claims Fidelity 31
433 81 surety 3324355 burglary and theft 4
38191 total
5 Totals Fidelity 23430875 surety 18356590 bur
glary and theft 11977641 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Fidelity 15253445 surety 13623525 burglary and
theft 7349908 total
19 Stockholders for interest or dividends amount declared
during the year 40000
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 and claim
24 Bents
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 Bnds 250 00
35 Stocks o 453 15
Total
37 All other disbursements viz
38 Traveling expenses 5j3ao 78
847918 92
379327 13
468591 79
69059 27
537651 06
362268 78
40000 00
331245 39
101292 85
11770 81
30507 72
938 83
1769 64
33920 40
8528 83
5005 08
19010 56
26112 90
7216 91
2703 13ComptrollerGenerals Report 727
39 Development 6722 75
40 Incidentals 16570 53
Total 28614 06
46 Total disbursements 1448556 95
IVLedger Assets
1 Book value of real estate 139053 15
2 Mortgage loans on real estate first liens 18265 89
4 Book value of bonds excluding interest 170283891
and book value of stocks 30790000 total 2010738 91
5 Cash in companys office 3478924 deposited in banks
46533139 total 500120 63
7 Other ledger assets viz Accounts receivable 5841195
Munich Reinsurance Co 107547 total 59487 92
11 Ledger assets 2727600 00
NonLedger Assets
13 Interest accrued on bonds 14179 05
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Fidelity 7101939 surety 12700817 burglary
and theft 5401287 total 252040 43
On policies or renewals issued prior to October 1 1908
Fidelity 1046267 surety 2933910 burglary and
theft 81388 total 40615 65
37 Gross assets 3034501 13
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1908 40615 65
44 Book value of ledger assets over market
value viz Stocks and bonds 2677204
Munich Reinsurance Co 107547 ac
counts receivable suspense 2348397
total 51331 48
Total 91947 13
51 Admitted assets 2942554 00
VLiabilities
1 Losses and claims in process of adjustment Fidelity
14694173 surety 7797842 burglary and theft 25
22907 total 250149 22728
ComptrollerGenerals Eeport
2 Losses and claims resisted Fidelity 5411436 surety
13649114 burglary and theft 500333 total
3 Total losses and claims Fidelity 20105609 surety
21446956 burglary and theft 3023240 total
14 Deduct reinsurance
15 Net unpaid claims except liability claims
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks Tunning one year or
less from date of policy 161638812
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 280
79142 unearned premiums pro rata
808194 06
152652 64
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 1908 viz Fidelity 915352
surety 1660162 burglary and theft 1308536 total
26 Salaries Tents expenses taxes bills accounts fees etc
due or accrued
27 Dividends due stockholders
30 Return premiums
31 Reinsurance and company surety
32 Advance premiums 100 per cent
33 Other liabilities viz Items in suspense
195608 83
445758 05
20610 72
425147 33
425147 33
960846 70
38840 50
3415 59
10000 00
2329 32
12247 01
6525 48
15030 62
42 Total amount of all liabilities except capital 1474 382 54
43 Capital actually paid up in cash
44 Surplus over all liabilities
500000 00
968171 46
45 Surplus as regards policyholders 1468 171 46
46 Total liabilities 2942554 00
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Fidelity 916812 surety 461360 bur
glary and theft 124719 total 15028 91
Gross losses paid Fidelity 104552 surety 6037 bur
glary and theft 65820 total 1 764 09ComptrollebGenebals Repoet
729
THE NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY
OF TENNESSEE
C A Craig President C R Clements Secretary
Home Office Staihlman Building Nashville Tenn
F B Reese Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 150000 00
2 Amount of ledger assets as per balanee
December 31 of previous year 260924 26
Extended at 260924 26
IIIncome
1 Gross premiums written and renewed during the year
Life accident and health
954357 80
18 Total net cash actually received for premiums
20 Interest on mortgage loans 11130 00
21 Interest on collateral loans 542 45
22 Interest on bonds and dividends on stock 807 50
24 Interest from all other sources 27 62
954357 80
26 Total interest and rents
32 From all other sources viz Profit and loss account
57513 deposits by agents in lieu of bonds 455262
total
12507 57
5127 75
38 Total income 971993 12
IIIDisbursements
1 Gross amount paid for losses Life accident and health 334491 43
14 Commissions or brokerage less amount received on return
premiums and reinsurance 295640 06
19 Stockholders for interest or dividends amount declared
during the year 2250000 22500 00
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 33368 30
21 Salaries traveling and all other expenses of agents not
paid by commissions 166686 04
22 Medical examiners fees and salaries 2551 10
24 Rents 14703 77
26 Taxes on real estate and personalty 3374 59
27 All other taxes licenses and insurance department fees 10702 88
28 Legal expenses viz District 23093 home office
55155 total 782 48
47ins730 ComptrollerGenerals Report
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
37 All other disbursements viz General expense 638494
profit and loss account 168095 total
46 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest 5608027 and
book value of stocks 40000 total
5 Cash in companys office 253825 deposited in banks
4882135 total
6 Bills receivable
Cash in district offices
7 Other ledger assets viz Agents balances 214084
accounts 286474 total
11 Ledger assets
NonLedger Assets
12 Interest due 34890 and accrued 2
68517 on mortgages 3034 07
13 Interest accrued on bonds 1126 98
14 Interest accrued on collateral loans 332 55
Total i
17 Furniture and fixtures
37 Gross assets
Deduct Assets Not Admitted
39 Bills receivable 225 00
40 Furniture and fixtures 12 317 09
44 Book value of ledger assets over market
value viz Agents balances 214084
accounts 286474 total 5005 58
Total
51 Admitted assets
984 25
6287 44
4743 79
2088 37
8065 89
906970 39
1368 93
184778 83
25600 00
56480 27
51359 60
225 00
1128 78
5005 58
325946 99
4493 60
12317 09
342757 68
17547 67
325210 01ComptrollerGenerals Report
731
VLiabilities
i Losses and claims in process of adjustment Accident
2 Losses and claims resisted Accident
3 Total losses and claims Accident
18 Total unpaid claims and expenses of settlement
Unearned premiums 50 per cent
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
33 Other liabilities viz Deposits by agents in lieu of bonds
455262 contingent reserve 1000000 reserve life
element combined experience table 4 per cent 81
09406 total
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 150000 00
44 Surplus over all liabilities 53V598 67
45 Surplus as regards policyholders
46 Total liabilities
1049 73
2095 23
3144 96
3144 96
13819 70
9000 00
95646 68
121611 34
203598 67
325210 01
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Life accident and health
Gross losses paid Life accident and health
2778 35
884 92
NATIONAL CASUALTY COMPANY OF MICHIGAN
David E Thomas President Franklin S Dewey Secretary
Home Office 422 Majestic Building Detroit Mich
Win 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 as per balance
December 31 of previous year 168289 56
Extended at 168289 56
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent 2900 00732
CompteolleeGtenebals Repobt
2 Gross premiums written and renewed during the year
Accident
3 Total Accident
4 Deduct gross premiums now in course of collection Acci
dent
5 Entire premiums collected during the year Accident
6 Deduct reinsurance return premiums and cancellations
Accident
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
20 Interest on mortgage loans 438 00
21 Interest on collateral loans 146 00
22 Interest on bonds and dividends on stock 5864 21
23 Interest on deposit 109 14
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz Fidelity
Mutual Aid 27996 Provident casualty deposit
25000 total
38 Total income
IIIDisbursements
1 Gross amount paid for losses
2 Deduct salvage and reinsurance
578506 15
581406 15
3800 00
577606 15
720948 00
7 Net cash actually received for premiums Accident 574196 67
574196 67
43346 00
6557 35
529 96
624629 98
3 Net amount paid policyholders for losses
4 Investigation and adjustment of claims
5 Total amount paid for losses
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and ihealth
18 Policy fees retained by agents
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
24 Rents
27 All other taxes licenses and insurance department fees
28 Legal expenses advertising printing and stationery
31 Postage and express
210663 08
1170 99
209492 09
2334 07
209492 09
123588 30
43079 70
16000 00
46743 61
83339 01
14772 20
11597 50
15404 15
8595 32ComptrollerGenerals Report 733
32 Furniture and fixtures 3846 43
33 Loss on sale or maturity of ledger assets viz Municipal
licenses taxes etc 481 19
37 All other disbursements viz General expense 166719
traveling expense 155854 total 3225 73
46 Total disbursements 582499 30
IVLedger Assets
2 Mortgage loans on real estate first liens 8100 00
3 Loans secured by pledge of bonds stocks or other col
laterals 2900 00
4 Book value of bonds excluding interest 16604000 and
book value of stocks 790000 total 173940 00
5 Cash in companys office 199094 deposited in banks
2308680 total 25077 74
6 Bills receivable 127 50
7 Other ledger assets viz Agents balances secured 275 00
11 Ledger assets 210420 24
NonLedger Assets
12
13
14
15
19
34
Interest due 4800 and accrued 2816
on mortgages 76 16
Interest accrued on bonds 1897 70
Interest due on collateral loans 13 00
Interest accrued on bank deposits 205 00
Total interest and rents
Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Accident and health
Other nonledger assets viz Furniture and fixtures
accounts receivable supplies etc
2191 86
3800 00
30000 00
37 Gross assets 246412 10
Deduct Assets Not Admitted
40 Furniture and fixtures supplies printed matter and sta
tionery
30000 00
51
Admitted assets 216412 10734
CompteolleeGeneeals Repoet
VLiabilities
1 Losses and claims reported proofs not received Accident 20118 00
2 Total losses and claims Accident 20 118 00
15 Xet unpaid claims except liability claims 20118 00
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 317823 un
earned premiums 50 per cent 1589 12
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued sub
sequent to October 1 1908 viz Accident and health
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
27 Dividends due stockholders
32 Advance premiums 100 per cent
33 Other liabilities viz Provident casualty deposit
42 Total amount of all liabilities except capital
13 Capita actually paid up in cash 100000 00
44 Surplus over all liabilities 75 758 51
201 18 00
1589 12
2000 00
J 500 00
9863 88
6332 59
250 Mil
40653 5
II Surplus as regards policyholders
46 Total liabilities
Business in the State of Georgia During the year
Gross premiums received on risks written or renewed during
the year Accident 4
Iross losses paid Accident
175758 51
216412 10
3887 15
1553 67
NEW VOKK PLATE GLASS INSURANCE COMPANY OF NEW YORK
Major A Whir President J Carroll French Secretary
Home Office 42 Cedar Street New York
P C Robinson Atlanta Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up
in ea8n 200000 00Comptroller General s Report
735
Amount of ledger assets as per balance
December 31 of previous year 713050 87
Extended at 713050 87
IIIncome
Gross premiums unpaid December 31 last year Plate
glass 114947 72
Gross premiums written and renewed during the year
Plate glass 644327 16
Total Plate glass 759274 88
Deduct gross premiums now in course of collection
Plate glass 103933 00
Entire premiums not taken during the year Plate glass 78875 97
Deduct reinsurance return premiums and cancellations
Plate glass 53048 99
7 Net cash actually received for premiums Plate glass 523416 92
18
20
22
23
26
32
38
Total net cash actually received for premiums
Interest on mortgage loans 339 93
Interest on bonds and dividends on stock 28720 71
Interest on deposit 454 26
Total interest and rents
Prom all other sources viz Stocks 1241995 from
agents balances previously charged off 44414 total
Total income
IIIDisbursements
Gross amount paid for losses Plate glass
523416 92
29514 89
12864 09
565795 90
o
14
19
20
21
24
Net amount paid policyholders for losses Plate glass
Investigation and adjustment of claims Plate glass
Total amount paid for losses Plate glass
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Plate glass
Stockholders for interest or dividends amount declared
during the year 2400000
Salaries fees and all other compensation of officers
directors trustees and home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Rents
231361 70
8608 80
8608 80
222752 90
183411 51
24000 00
49202 04
3228 43
7927 07736 ComptrollerGenerals Report
27 All other taxes licenses and insurance department fees 14193 01
28 Legal expenses 789 43
29 Advertising lj091 63
30 Printing and stationery 2 238 20
31 Postage and express 2 867 73
32 Furniture and fixtures 217 36
33 Loss on sale or maturity of ledger assets viz Stocks 14 30
37 All other disbursements viz Traveling expenses 1
19456 general expenses 652775 agents balances
charged off 29255 total 8014 86
46 Total disbursements 519 943 66
IVLedger Assets
2 Mortgage loans on real estate other than first liens 2000 00
4 iBook value of bonds excluding interest 14264178 and
book value of stocks 53612969 total 678771 47
5 Cash in companys office 256773 deposited in banks
7555891 total 78126 64
11 Ledger assets 758898 11
NonLedger Assets
19 Gross premiumsin course of collection viz
On policies or renewals issued subsequent to October 1
1908 Plate glass 102532 75
On policies or renewals issued prior to October 1 1908
Plate glass l40o 25
37 Gross assets 862 831 11
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1908 1400 25
44 Book value of ledger assets over market
value viz Stocks and bonds 186 47
Total 1586 72
51 Admitted assets ggj 044 39
VLiabilities
1 Losses and claims in process of adjustment Plate glass 2 208 09
2 Losses and claims reported proofs not received Plate
SilSS 3258 00
3 Total losses and claims Plate glass H m

CompteollebGenebals Eepoet
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 50696326 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 4427329
unearned premiums pro rata
253481 63
23436 80
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued sub
sequent to October 1 1908 viz Plate glass
27 Dividends due stockholders
33 Other liabilities viz State county and municipal taxes
due or accrued
42 Total amount of all li abilities except capital
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 333449 27
737
5466 09
5466 09
276918 43
35410 60
6000 00
4000 00
327795 12
45 Surplus as regards policyholders 533449 27
46 Total liabilities 861244 39
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Plate glass 2118 52
Gross losses paid Plate glass 1618 06
NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF ILLINOIS
E C Waller President A E Forrest Secretary
Home Office 217 La Salle Street Chicago 111
Shepard Bryan Chicago 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 508806 75
Extended at 508806 75738
ComptbollebGeneral s Report
IIIncome
1 Gross premiums unpaid December 31 last year Accident
2 Gross premiums written and renewed during the year
Accident
3 Total Accident j
4 Deduct gross premiums now in course of collection
Accident
5 Entire premiums collected during the year Accident
6 Deduct reinsurance return premiums and cancellations
Accident
7 Net cash actually received for premiums Accident
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
20 Interest on mortgage loans 4462 52
21 Interest on collateral loans 3 117 72
22 Interest on bonds and dividends on stock 13555 88
23 Interest on deposit i 309 04
26 Total interest and rents
38 Total income
35250 32
830295 90
865546 22
30134 94
835411 28
54734 94
780676 34
780676 34
178952 00
22445 16
82073 50
111 Disbursements
1 Gross amount paid for losses Accident 243 277 53
2 Deduct salvage and reinsurance Accident 503 02
3 Net amount paid policyholders for losses Accident
4 Investigation and adjustment of claims Accident
5 Total Accident
1 I Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident
18 Polity fees waived or retained by agents
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
22 Medical examiners tees and salaries
24 Bents
27 All other taxes licenses and insurance department fees
28 Legal expenses
212774 51
8745 13
251519 94
270740 60
178952 00
40000 00
71861 37
8797 50
i in 85
10706 17
20333 42
474 15ComptrollerGenerals Report
739
29 Advertising 1820 06
30 Printing and stationery 15180 40
31 Postage and express including incidental expenses 17458 23
32 Furniture and fixtures 1582 35
33 Loss on sale or maturity of ledger assets viz Bonds 65 00
37 All other disbursements viz Traveling expenses 4
28750 interest overpaid 16500 total 4452 50
46 Total disbursements
897093 54
IVLedger Assets
2 Mortgage loans on Teal estate first liens 113966 67
3 Loans secured by pledge of bonds stocks or other col
laterals 44200 00
4 Book value of bonds excluding interest 358393 75
5 Cash in companys office 392947 deposited in banks
6288786 total 66817 33
7 Other ledger assets viz Cash in branch offices for cur
rent use 281090 due from agents 759806 total 10408 96
11 Ledger assets 593786 71
NonLedger Assets
Interest due 30250 and accrued 1
15166 on mortgages 1454 16
Interest due 50000 and accrued 3
46153 on bonds 3961 53
Interest accrued on collateral loans 570 64
12
13
14
18
19
Total
Market value of bonds and stocks over book value
Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Accident
5986 33
2759 55
30134 94
37 Gross assets 632667 53
Deduct Assets Not Admitted
44
51
Book value of ledger assets over market value viz
Due from agents
Admitted assets
VLiabilities
Losses and claims in process of adjustment Accident
7598 06
625069 47
23804 68740 CompteolleeGtenerals Eepoet
2 Losses and claims resisted Accident 4 294 97
3 Total losses and claims Accident 28 099 65
15 Net unpaid claims Accident 28 099 65
18 Total unpaid claims and expenses of settlement Acci
dent 28099 65
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 14195562 un
earned premiums 50 per cent 70977 81
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 225000
unearned premiums pro rata 2 250 00
21 Total unearned premiums o
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued sub
sequent to October 1 1908 viz Accident 30 per cent 9040 82
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued D
12bJ 9 oS
32 Advance premiums 100 per cent 41 758 48
42 Total amount of all liabilities except capital 164746 34
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 260 323 13
45 Surplus as regards policyliolders 460 323 13
46 Total liabilities t fo
62o0b9 47
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident
Gross losses paid Accident Comptroller Generals Report
741
THE OCEAN ACCIDENT AND GUARANTEE CORPORATION Ltd
OF LONDON ENGLAND
Oscar Ising General Manager for the United States
American Head Office 350 Broadway New York City New York
A D McGaughey Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 3333 206 12
Extended at 3333206 12
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
3637733 health 664386 liability 20854150
steam boiler 1018761 burglary and theft 3033192
auto property damage 32425 workmens collective
888359 total 301290 06
2 Gross premiums written and renewed during the year
Accident 35016284 health 6472625 liability 1
70419611 steam boiler 8064987 burglary and theft
22576779 credit 59703369 auto property damage
997397 workmens collective 6582172 total 3098332 24
3 Total Accident 38654017 health 7137011 liability
191273761 steam boiler 9083748 burglary and
theft 25609971 credit 59703369 auto property
damage 1029822 workmens collective 7470531
total 3399622 30
4 Deduct reinsurance Accident 1365868 health 1
12399 liability 92938 burglary and tlheft 4129263
total 57004 68
5 Deduct return premiums on policies cancelled Accident
1250093 health 290692 liability 15127216 steam
boiler 546977 burglary and theft 1253031 credit
740154 auto property damage 109265 workmens
collective 332125 total 196495 53
6 Deduct premiums on policies not taken Accident 69
19042 health 1681270 liability 23909906 steam
boiler 2483487 burglary and theft 2751238 credit
241250 auto property damage 192472 workmens
collective 1348354 total 395270 19
7 Deduct premiums in course of collection Accident 41
25343 health 884608 liability 18099023 steam742
ComptbollebGeneeals Eepoet
boiler 1043835 burglary and theft 3400406 auto
property damage 84237 workmens collective 4
24800 total 280622 52
8 Total deductions Accident 13660346 health 29
68969 liability 57229083 steam boiler 4074299
burglary and theft 11533938 credit 981404 auto
property damage 385974 workmens collective 21
05279 total 929 392 92
9 Net cash received for premiums Accident 24993671
health 4168042 liability 134044678 steam boiler
5009449 burglary and theft 14076033 credit 587
21965 auto property damage 643848 workmens col
lective 5365252 total 2470 229 38
23 Gross interest on bonds and dividends on
stocks 122812 99
24 Gross interest on deposits in trust com
panies and banks 1102 63
25 Gross interest from all other sources 1126 19
27 Total gross interest and rents 105 34 81
28 From other sources viz Profit and loss n2 10
33 From agents oalances previously charged off 1 669 82
34 Gross profit on sale or maturity of ledger assets viz
1llds 490 74
36 Total income 2597843 85
J11 Disbursements
1 Gross amount paid for losses Accident 8126618
health 1612262 liability 53838065 steam boiler
407545 burglary and theft 6226400 credit 556
79S19 auto property damage 106463 workmens col
lective 2323100 total 1 283 203 02
2 Deduct reinsurance Accident 218265 health 116371
burglary and tlieft 211 7669 total 9403 0g
3 Deduct salvage Burglary andtheft 36604 credit 78
4987 toM 78864 31
4 Total deductions Accident 218265 health 116371
burglary and theft 2154273 credit 7849827 total 103387 36
5 Net amount paid policyholders for losses Accident
7908353 health 1495891 liability 53838065
steam boiler 407545 burglary and theft 4072127
credit 47830022 auto property damage 106463
workmens collective 2323100 total 1179815 66
16 Investigation ami adjustment of claims viz AccidentComptrollerGenerals Eeport
743
28
30
1585595 health 297480 liability 15813201
steam boiler 271866 burglary and theft 1104618
credit 2098592 automobile property damage 27601
workmens collective 260158 total i 214591 11
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 8747116 health 1339996 liability 312
65488 steam boiler 1395216 burglary and theft
4171898 credit 12965295 automobile property dam
age 160962 workmens collective 1105412 total 611513 83
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 132841 73
Salaries traveling and all other expenses of agents not
paid by commissions 50757 23
Inspections other than medical and claim 36648 72
31 Rents 11572 54
34 State taxes on premiums 43404 75
35 Insurance department licenses and fees 4279 49
36 All other licenses fees and taxes viz Publication fees
39088 city and county taxes 199282 agents
licenses 186065 total 4244 35
41 Legal expenses 1351 74
42 Advertising 7818 38
43 Printing and stationery 14973 31
44 Postage telegraph telephone and express 7274 66
45 Furniture and fixtures 5674 60
47 Other disbursements viz Mercantile agency subscrip
tions 132221 discount and exchange 77488 general
expenses 4049307 interest on investments and divi
dends to home office 7293333 total 115523 49
55
2
4
6
7
8
9
13
1 t
15
Total disbursements 2442285 59
IV Ledger Assets

Mortgage loans on real estate first liens
Book value of bonds
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
Bills receivable
Other ledger assets viz Premium notes
46080 20
3324523 09
13369 78
75882 66
17887 40
11021 25
Ledger assets 3488764 3S
NonLedger Assets
Interest accrued on mortgages
Interest accrued on bonds
431 42
40710 98
Total
41142 40
21 Gross premiums in course of collection viz744
ComptrollerGenerals Report
On policies or renewals issued on or after October 1
1908 Accident 3754516 health 816384 liability
15970037 steam boiler 1020505 burglary and
theft 3326281 automobile property damage 79995
workmens collective 376323 total 253440 41
On policies or renewals issued prior to October 1 1908
Accident 370827 health 68224 liability 2128986
28 Steam boiler 23330 burglary and theft 74125 auto
mobile property damage 4242 workmens collective
477 total 27182 11
40 Gross assets 3810529 30
Deduct Assets Not Admitted
17887 40
27182 11
110613 18
Total 155682 69
42 Bills receivable
46 Gross premiums in course of collection
written prior to October 1 1908
47 Book value of ledger assets over market
value
54 Admitted assets 3654846 61
VLiabilities
1 Losses and claims in process of adjustment Accident
3933500 health 345500 steam boiler 413000
burglary and theft 678000 credit 1172800 auto
property damage 142500 workmens collective 4
03200 total
3 Losses and claims reported proofs not received Credit
4 Losses and claims resisted Burglary and theft 40000
Credit 500000 total
7 Net unpaid claims except liability claims Accident
3933500 health 345500 steam boiler 413000
burglary and theft 718000 credit 1772800 auto
property damage 142500 workmens collective 4
03200 total
16Special reserve for unpaid liability losses
17 Special reserve for eredit losses on policies expiring in
October November and December 1908 being fifty per
cent of 20660417 gross premiums received on said
policies less 3002034 paid during said months on
losses under said policies
70S85 00
1000 00
5400 00
77285 00
516460 39
73281 75
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
667027 14Comptroller Geneeals Report
745
less from date of policy 185123032
unearned premiums fifty per cent 925615 15
20 Gross premiums less reinsurance upon
all unexpired risks Tunning more than
one year from date of policy 252
19674 unearned premiums pro rata 151596 55
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz
23 Accident 1314081 health 264508 liability 37
21019 steam boiler 284721 burglary and theft 9
84579 automobile property damage 19995 work
men s collective 77523 total
27 Salaries rents expenses bills accounts fees etc due
or accrued
28 State county and municipal taxes due or accrued
34 Advance premiums one hundred per cent
35 Other liabilities viz
36 Special voluntary reservecasualty de
partment 70000 00
37 Special voluntary reservecredit depart
ment 200000 00
38 Additional voluntary reserve for contin
gencies 250000 00
1077211 70
66664 20
5000 00
40000 00
11237 50
Total
520000 00
44 Total amount of all liabilities except capital
47 Surplus as regards policyholders
2387140 60
1267706 01
48 Total liabilities 3654846 01
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident 618215 health 140188
liability 927604 steam boiler 73700 burglary and
theft 204073 credit 1856250 workmens collec
tive 105160 total 3925190
2 Gross losses paid Accident 288133 health 167282
liability 656807 steam boiler 1331 burglary and
theft 4034 credit 2647933 workmens collective
107909 total 38054 21
48ins746
ComptrollerGeneral s Report
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY OF
CALIFORNIA
Geo I Cochran President C I D Moore Secretary
Home Office Pacific Mutual Building Corner Sixth and South Olive
Streets Los Angeles California
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
20195086 health 1818649 total 220137 35
2 Gross premiums written and renewed during the year
Accident 92341658 health 18090061 total 1104317 19
3 Total Accident 112536744 healtih 19908710 total 1324454 54
4 Deduct reinsurance Accident 1440854 health 2
05379 total 16462 33
5 Deduct return premiums on policies cancelled Accident
1180607 health 208342 total 13889 49
6 Deduct premiums on policies not taken Accident 237
48516 health 2774973 total 265234 89
7 Deduct premiums in course of collection Accident 173
43573 health 2025021 total 193685 94
8 Total deductions Accident 43713550 health 52
13715 total j
9 Net cash received for premiums Accident 68823194
health 14694995 total
Hi Policy fees required or represented by applications
23 Gross interest on bonds and dividends on
stocks less 34695h accrued interest on
bonds acquired during 1908 6589 31
25 Gross interest from all other sources 5 49
27 Total gross interests and rents
28 From other sources viz Agents balances previously
charged off 350099 bonds 115989 total
1 Gross amount paid for losses Accident 27837087
health 6243958 total
2 Deduct reinsurance Accident 624627 health 55114
total
4 Total deductions Accident 624627 health 55114
total j
489272 65
835181 89
45248 00
6594 80
4660 88
36 Total income 89i685 57
1IIDisbursements
340810 45
6797 41
6797 41ComptbollerGtenebals Report 747
5 Net amount paid policyholders for losses Accident 272
12460 health 6188844 total 334013 04
16 Investigation and adjustment of claims viz Accident
799500 health 127300 total 9268 00
21 Policy fees retained by agents 45248 00
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 21202842 health 3430536 total 246333 78
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 51952 09
28 Salaries traveling and all other expenses of agents not
paid by commissions 19 842 82
29 Medical examiners fees and salaries 9970 64
30 Inspections other than medical and claim 533 50
31 Bents including 181992 for companys occupancy of
its own buildings 7 130 74
34 State taxes on premiums 11 923 01
35 Insurance department licenses and fees 3 100 53
36 All other licenses fees and taxes viz Municipal fran
chise school fund county taxes 429 74
41 Legal expenses 2 857 76
42 Advertising 2488 95
43 Printing and stationery 11 252 84
44 Postage telegraph telephone and express 8051 06
45 Furniture and fixtures 489 29
46 Stockholders for interest and dividends amount declared
during the year 7000000 70000 00
47 Other disbursements viz Dividends to policyholders
26584 general expense 202237 premium on purchase
of bonds 14250 interest paid Munich Reinsurance on
reserve 39296 total 2 823 67
52 Agents balances charged off 5 305 37
53 Gross loss on sale or maturity of ledger assets viz Bonds 3957 43
55 Total disbursements 846 972 26
IVLedger Assets
4 Book value of bonds 243 858 29
5 Cash in comjianys office 18 453 98
6 Deposits in trust companies and banks not on interest 7 296 18
13 Ledger assets 269608 45
NonLedger Assets
15 Interest accrued on bonds 4 241 66
20 Market value of bonds and stocks over book value 4220 06
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1 1908
Accident 15232000 health 3806790 total 190387 90748
ComptrollerGenerals Report
On policies or renewals issued prior to October 1 1908
Accident 263843 health 65961 total
37 Other nonledger assets viz Reinsurance due account
claims
40 Gross assets
Deduct Assets Not Admitted
46 Gross premiums in course of collection written prior to
October 1 1908
54 Admitted assets
VLiabilities
2 Lossesand claims in process of adjustment Accident
3 Losses and claims reported proofs not received Acci
dent 1301000 health 259000 total
4 Losses and claims resisted Accident
5 Total Accident 4731000 health 259000 total
6 Deduct reinsurance Accident
7 Net unpaid claims except liability claims Accident 42
31000 health 259000 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 65001744 un
earned premiums fifty per cent 325008
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1908 viz Accident 4798000
health 1176675 total
28 State county and municipal taxes due or accrued
44 Total amount of all liabilities except capital
47 Surplus as regards ipolicyholders
48 Total liabilities
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident 1220116 health 328173 total
Gross losses paid Accident 250252 health 147528 total
3298 04
1272 78
473028 S9
3298 04
469730 85
6600 00
15600 00
27700 00
49900 00
5000 00
44900 00
44900 00
325008 72
59746 75
12500 00
442155 47
27575 3S
469730 85
15482 89
3977 80ComptrollerGenerals Eeport
749
PENNSYLVANIA CASUALTY COMPANY OF PENNSYLVANIA
Thos E Jones President F H Kingsbury Secretary
Home Office Corner of Jefferson Ave and Linden St Scranton Penna
F W Coleman 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 495031 93
Extended at 495031 93
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
1313644 health 718177 liability 5514466 plate
glass 1330536 steam boiler 141165 workmens col
lective 461871 total 94798 59
2 Gross premiums written and renewed during the year
Accident 15412114 health 8022649 liability 281
64167 plate glass 10990447 steam boiler 1506179
auto property damage 19000 workmens collective
1348076 total 654626 32
3 Total Accident 16725758 health 8740826 liability
33678633 plate glass 12320983 steam boiler 16
47344 auto property damage 19000 workmens col
lective 1809947 total 749424 91
4 Deduct reinsurance Accident 313561 health 88769
liability 220524 total 6228 54
5 Deduct return premiums on policies cancelled Accident
168358 health 67146 liability 1263775 plate
glass 810088 steam boiler 42884 auto property
damage 905 total 23531 56
6 Deduct Premiums on policies Accident 2500486
health 1324199 liability 6739562 plate glass 14
97763 steam boileT 344833 auto property damage
1095 workmens collective 303843 total 127117 81
7 Deduct premiums in course of collection Accident 14
22945 health 691461 liability 4983447 plate glass
1465430 steam boiler 79313 workmens collec
tive 594506 total 92371 02
Total deductions Accident 4405350 health 21
71575 liability 13207308 plate glass 3773281
steam boiler 467030 auto property damage 2000
workmen s collective 898349 total
249248 93750
ComptrollerGenerals Report
9 Net cash received for premiums Accident 12320408
health 6569251 liability 20471325 plate glass
8547702 steam boiler 1180314 auto property dam
age 17000 workmens collective 911598 total
19 Policy fees required or represented by applications
20 Inspections
21 Gross interest on mortgage loans 112 50
22 Gross interest on collateral loans 25 00
23 Gross interest on bonds and dividends on
stocks 15155 92
24 Gross interest on deposits in trust com
panies and banks
25 Gross interest from all other sources
49 93
67 83
27 Total gross interest and rents
34 Gross profit on sale or maturity of ledger assets viz
Bonds
Total income
IIIDisbursements
1 Gross amount paid for losses Accident 4463139 health
3315288 liability 8649106 plate glass 3533425
steam boiler 16084 workmens collective 365027
total
2 Deduct reinsurance Accident 37492 health 18643
total
3 Deduct salvage Plate glass
4 Total deductions Accident 37492 health 18643
plate glass 61042 total
5 Xet amount paid policyholders for losses Accident 44
25647 health 3296645 liability 8649106 plate
glass 3472383 steam boiler 16084 workmens col
lective 365027 total
16 Investigation and adjustment of claims viz Accident
79741 health 35620 liability 3290245 workmens
collective 30430 total
21 Policy fees retained by agents
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 3570139 health 1844591 liability 55
48861 plate glass 3002699 steam boiler 347651
automobile property damage 5429 workmens collect
ive 252535 total
27 Salaries fees and all other compensation of officers
directors trustees and home office employees
28 Salaries traveling and all other expenses of agents not
paid by commissions
500175 98
9674 00
103 47
15411 18
148 40
525513 03
203420 69
561 35
610 42
1171 77
202248 92
34466 51
9674 0
145719 05
32053 33
28887 19ComptbollebGenebals Eepoet
751
29 Medical examiners fees and salaries
30 Inspections other than medical and claim
31 Eents
32 Repairs and expenses other than taxes on real estate
33 Taxes on real estate
34 State taxes on premiums
35 Insurance department licenses and fees
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
47 Other disbursements viz General expense
52 Agents balances charged off
55 Total disbursements
1340 72
13127 37
4714 41
1239 61
42434
8490 97
3540 39
512 21
2547 16
8377 59
3679 64
4114 14
4336 53
1882 24
511376 32
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Book value of bonds
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
8 Bills receivable
9 Other ledger assets viz Accounts receivable
13 Ledger assets
72202 91
2500 00
1750 00
382590 40
2766 90
9372 56
15755 94
1766 12
20463 81
509168 64
NonLedger Assets
14 Interest accrued on mortgages 42 08
15 Interest due 62500 and accrued 350000
on bonds 4125 00
16 Interest accrued on collateral loans 16 67
17 Interest accrued on other assets 244 54
Total
19 Market value of real estate over book value
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1 1908
Accident 1140445 health 663261 liability 47
98447 plate glass 1297905 steam boiler 64813
workmens collective 594506 total
On policies or renewals issued prior to October 1 1908
4428 29
7797 09
85593 77752
ComptrollerGeneral s Report
Accident 282500 health 28200 liability 185000
plate glass 167525 steam boiler 14500 total
40 Gross assets
Deduct Assets Not Admitted
42 Bills receivable jj
46 Gross premiums in course of collection
written prior to October 1 1908
47 Book value of ledger assets over market
value viz
48 Accounts receivable not secured
49 Book value of bonds over market value
1026 12
6777 25
11896 46
15754 99
Total
54 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Accident
1145965 health 375810 plate glass 239369
workmens collective 99399 total
7 Net unpaid claims except liability claims Accident
1145965 health 375810 plate glass 239369
workmen s collective 99399 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 33383258
unearned premiums 50 per cent 166916 30
20 irnss premiums less reinsurance upon
all unexpired risks running more than
one year from dale of policy 5919919
unearned premiums pro rata 32 972 97
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1908 viz
23 Occident 439412 health 212453 liability 12
36022 plate glass 268559 steam boiler 15847
miscellaneous 181431 total
27 Salaries rente expenses bills accounts fees etc due
or accrued
28 State county and municipal taxes due or accrued
92371 02
613765 04
35454 82
57S310 22
18605 43
18605 43
56861 86
75467 29
199889 27
23537 21
5511 98
5700 00
4 1 Total amount of all liabilities except capital
310105 78ComptrollerGenerals Report
753
45 Capital actually paid up in cash 200000 00
46 Surplus over all liabilities 68204 44
47 Surplus as regards policyholders 268204 44
48 Total liabilities 578310 22
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident 472128 health 2
90818 liability 732636 plate glass 388574 total 18841 56
2 Gross losses paid Accident 471569 health 2
01312 liability 481845 plate glass 159944 total 13146 70
PHILADELPHIA CASUALTY COMPANY OF PHILADELPHIA PA
W Le Mar Talbot President Robt G Hazeldine Secretary
Home Office Fidelity Building 112116 North Broad St Philadelphia Pa
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 724447 78
Extended at 724447 78
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent 1922462 health 1467666 liability 48
34208 plate glass 2820940 credit 5342549 total 163878 25
2 Gross premiums written and renewed during the year
Accident 18797142 health 7986381 liability
60445240 plate glass 20071576 credit 19711509
auto property damage 1449331 workmens collective
306687 total 1287678 G6
3 Total premiums Accident 20719604 health 9454047
liability 65279448 plate glass 22892516 credit
25054058 auto property damage 1449331 work
mens collective 306687 total 1451556 91
4 Deduct gross premiums now in course of collection Ac
cident 2058322 health 1678895 liability 105
54830 plate glass 3403356 credit 5236019 auto
property damage 358924 workmens collective 342 233245 46
5 Entire premiums collected during the year Accident
18661282 health 7775152 liability 54724618
plate glass 19489160 credit 19818039 auto prop754
ComptbolleeGenebals Report
erty damage 1090407 workmens collective 2
72487 total 1218311 45
6 Deduct reinsurance return premiums and cancellations
Accident 6819205 health 3132334 liability 220
17478 plate glass 5153578 credit 5841261 auto
property damage 419821 workmens collective
48222 total 434318 99
7 Net cash actually received for premiums Accident
11842077 health 4642818 liability 32707140
plate glass 14335582 credit 13976778 auto prop
erty damage 670586 workmens collective 224265 783992 46
18 Total net cash actually received for premiums 783 992 46
20 Interest on mortgage loans 3586 63
22 Interest on bonds and dividends on stock 20120 96
23 Interest on deposit 619 45
24 Interest from all other sources 52 04
26 Total interest and rents 24 379 OS
27 Profit on sale or maturity of ledger assets viz
28 Bonds 2230 u
32 From all other sources viz
33 Special premium reserve now admitted
reinsuring companies 1117 41
34 Stockholders contribution to surplus 141250 00
Total 142367 41
38 Total income 95o99 09
IIIDisbursements
1 Gross amount paid for losses Accident 4191911
health 2296398 liability 4573933 plate glass 59
33573 credit 14473265 workmens collective 259
28 auto property damage 290384 total
2 Deduct salvage and reinsurance Accident 168623
health 9987 plate glass 68385 credit 230711
3 Net amount paid policyholders for losses Accident 40
23288 health 2286411 liability 4573933 plate
glass 5865188 credit 14242554 workmens collec
tive 25928 am property damage 290384 total
4 Invcsligation and adjustment of claims Accident 1
75034 health 52656 liability 2743358 credit 2
63989 workmens collective 2635 auto propertv
damage 10795 total
5 Totals Accident 4198322 health 2339067 liabil
ity 7317291 plate glass 5865188 credit 145
06543 workmens collective 28563 auto property
damage 301179 total
317853 i
1777 06
31 3076 86
32484 67
345561 53ComptrollerGenerals Report
755
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 3685909 health 1432582 liability 79
85944 plate glass 5631811 auto property damage
164273 credit 2864340 workmens collective
62614 total 218274 73
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 64749 12
21 Salaries traveling and all other expenses of agents not
paid by commissions 83232 06
23 Inspections other than medical 9535 03
24 Bents 12720 52
27 All other taxes licenses and insurance department fees 18384 82
28 Legal expenses 697 91
29 Advertising 4204 72
30 Printing and stationery 18829 80
31 Postage and express 7699 51
33 Loss on sale or maturity of ledger assets viz
34 Bonds 22 50
37 All other disbursements viz
38 Contingent commission 200185
39 Purchase of credit agency payment of
March 1908 24825 00
40 Purchase of credit agency payment of
March 1909 discount at 6 per cent 24535 37
41 Overriding commission paid to creditors
fund association 1908 business 19500 00
42 General expense miscellaneous items 6027 33
43 Agents balances charged off 157 84
44 Decrease by adjustment book value of
bonds 1526 72
Total 78574 11
46 Total disbursements 862486 36
IVLedger Assets
2 Mortgage loans on real estate first liens 67550 00
4 Book value of bonds excluding interest 544294 59
5 Cash in companys office 244043 deposited in banks
16997352 total 172413 95
6 Bills receivable 7741 82
7 Other ledger assets viz
8 Furniture and fixtures 16422 64
9 Agents balances 6507 51
Total 22930 15
11 Ledger assets 814930 51756
ComptrollerGenerals Report
NonLedger Assets
12 Interest accrued on mortgages
13 Interest accrued on bonds
15 Interest accrued on other assets
759 27
6933 67
400 00
Total 8092 94
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1908 Accident 1914739 health 1636823 liabil
ity 9646775 plate glass 3345932 credit 5214319
auto property damage 314975 workmens collective
17100 total 906 63
21 On policies or renewals issued prior to October 1 1908
Accident 143583 health 42072 liability 908051
plate glass 57424 credit 21700 auto property
damage 43949 workmens collective 17100 total 12338 83
Other nonledger assets viz
Amounts purchased on payment of credit losses 10594 57
34
35
37 Gross assets 1066863 28
Deduct Assets Not Admitted
39 Bills receivable premium notes over 90
days old 2054 32
40 Furniture and fixtures 16422 04
43 Gross premiums in course of collection
written prior to October 1 1908 12338 83
44 Book value of ledger assets over market
value viz Depreciation bonds 12699 05
45 Agents balances 6507 51
46 Depreciation City Trust Co account 500 00
47 Petty cash in bank offices 3075 05
Total
53598 00
51 Admitted assets 1013 265 28
VLiabilities
1 Losses and claims adjusted Accident 30083 health
28141 totalI
2 Losses anI claims in process of adjustment Accident
650000 plate glass 268168 credit 24875 auto
property damage 51630 workmens collective 3786
3 Losses and claims reported proofs not received Acci
dent 440748 health 290428 ant property dam
age 75900 workmens collective 19400 total
4 Losses and claims resisted Accident 301000 credit
2515000 auto property damage 1100 total
582 lit
31610 84
S204 76
28190 00CoMPTBOIXERrGENEBAtS RePOET
757

5 Total losses and claims Accident 1420831 health
318569 plate glass 268168 credit 5002500 auto
property damage 131530 workmens collective
23186 total
14 Deduct reinsurance
15 Net unpaid claims except liability claims
16 Special reserve for unpaid liability losses
17 Special reserve for credit losses on policies expiring in
October November and December 1908 being 50 per
cent of 7045232 gross premiums received on said pol
icies less 547541 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 78368976
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 2815721
unearned premiums pro rata
391844 88
16290 86
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 1908 viz
23 Accident 598356 health 503323 liability 23
63460 plate glass 1313278 auto property damage
77169 credit 1068935 workmens collective 47188
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
44 Surplus over all liabilities
300000 00
37439 11
45 Surplus as regards policyholders
71647 84
175 00
71472 84
89049 35
29750 95
190273 14
408135 74
59293 09
17263 21
860 99
675826 17
337439 11
46 Total liabilities 1013265 28
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during tlhe year Accident 134533 health 103530
liability 147806 plate glass 12822 credit 3035
auto property damage 31595 total
2 Gross losses paid Accident 21938 health 8340 auto
property damage 24446 total
7337 86
547 24758
ComptrollerGenerals Eepoli
THE PREFERRED ACCIDENT INSURANCE CO OF NEW YORK
Kimball C Atwood President Wilfrid C Potter Secretary
Home Office 290 Broadway New York City N Y
Fred C Robinson Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 350000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1628 120 58
Extended at 1628120 58
IIIncome
1 Gross premiums unpaid December 31 last year Accident
14482528 health 3620632 total 181031 60
2 Gross premiums written and renewed during the yeaT
Accident 137241524 health 27501625 total 1647431 4
3Total Accident 151724052 health 31122257 total 1828463 09
4 Deduct gross premiums now in course of collection Acci
dent 15888185 health 3177637 total
190658 22
5 Entire premiums collected during the year Accident
135835867 health 27944620 total 1637804 87
Deduct reinsurance return premiums and cancellations
Accident 22235874 health 6670424 total 289062 98
7 Net cash actually received for premiums Accident
113599993 health 21 274196 total 1348741
18 Total net cash actually received for premiums 1343 741 89
22 Interest on bonds and dividends on
M T St0ck 58780 06
23 Interest on deposit 134 10
24 Interest from all other sources 266 74
26 Total interest and rents
32 From all other sources viz Sale London agency
61180 90
12171 88
38 Total income
1422094 67ComptrollerGenerals Report
759
HIDisbursements
I Gross amount paid for losses Accident 46410311
health 7354704 total 537650 15
2 Deduct salvage and reinsurance Accident 3568 19
3 Net amount paid policyholders for losses Accident
46053492 health 7354704 total 534081 96
4 Investigation and adjustment of claims Accident 7
04210 health 140842 total 8450 52
5 Totals Accident 46757702 health 7495546 total 542532 48
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 36774253 health 6246025 total 430202 78
19 Stockholders for interest or dividends amount declared
during the year 8400000 84000 00
20 Salaries fees and all other compensation of officers
directors trustees and Ihome office employees 116410 25
21 Salaries traveling and all other expenses of agents not
paid by commissions 40370 52
22 Medical examiners fees and salaries 15932 35
23 Inspections other than medical 682 35
24 Bents 13573 70
27 All other taxes licenses and insurance department fees 28296 85
28 Legal expenses 2710 45
29 Advertising 6048 40
30 Printing and stationery 10060 65
31 Postage and express 9899 89
32 Furniture and fixtures 2933 38
33 Loss on sale or maturity of ledger assets viz Bonds 250 00
37 All other disbursements viz Telegrams telephone ex
change car fare and petty expenses kept as one
account 2606 13
46 Total disbursements 1306510 18
IVLedger Assets
4 Book value of bonds excluding interest 137571456
and book value of stocks 21509436 total 1590808 92
5 Cash in companys office 198480 deposited in banks
15091135 total 152896 15
II Ledger assets 1743705 07
NonLedger Assets
13 Interest due and accrued on bonds 10684 96
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Accident 14010325 health 2802065 total 168123 90760 CompteollebGenebals Eepoet
On policies or renewals issued prior to October 1 1908
Accident 1877860 health 375572 total 22534 32
37 Gross assets 1945048 25
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1908 22534 32
44 Book value of ledger assets over market
value viz Bonds and stocks 86732 92
Total 109267 24
51 Admitted assets 1835781 01
VLiabilities
1 Losses and claims in process of adjutsment Accident
3670600 health 2142 total 36727 42
2 Losses and claims reported proofs not received Acci
dent 2682800 health 744600 total 34274 00
3 Losses and claims resisted Accident 4937500 health
30000 total 49j675 00
4 Total losses and claims Accident 11290900 health
776742 total 120676 42
14 Deduct reinsurance 5 qqq qq
15 Net unpaid claims except liability claims 115676 42
18 Total unpaid claims and expenses of settlement 115 676 42
19 Gross premiums less reinsurance upon
all unexpired risks running one year ot
less from date of policy 119057706
unearned premiums 50 per cent 595288 53
21 Total unearned premiums 595 288 53
22 Commissions brokerage and other charges due or to
become due to agents or biokers on policies issued sub
sequent to October 1 1908 viz Accident 2861584
health 641642 total 35 032 26
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 28 581 41
27 Dividends due stockholders 7000 1
31 Reinsurance 1 818
32 Advance premiums 100 per cent 074 75
33 Other liabilities viz Reserve for contingent installment
oliies 132675 00
12 Total amount of all liabilities except capital 919 146 49ComptbollebGenerals Bepobt 761
43 Capital actually paid up in cash 350000 00
44 Surplus over all liabilities 566634 52
45 Surplus as regards policyholeers 916 634 52
46 Total liabilities 1835781 01
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident 788618 health 111420 total 9000 38
Gross losses paid Accident 169193 health 58748 total 2279 41
STANDARD ACCIDENT INSURANCE COMPANY OF MICHIGAN
Lem W Bowen President E A Leonard Secretary
Home Office Penobscot Building Detroit Mich
O M Stanton 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 2621328 26
Extended at 2621328 26
IIIncome
1 Gross premiums unpaid December 31 last year Accident
18129591 health 2736478 liability 14042919
workmens collective 610701 total 355196 89
2 Gross premiums written and renewed during the year
Accident 118316032 health 14554159 liability
105660517 auto property damage 486111 work
mens collective 4810799 total 2438366 18
3 Total Accident 136445623 health 17290637 lia
bility 119712436 auto property damage 486111
workmens collective 5421500 total 2793563 07
4 Deduct gross premiums now in course of collection Acci
dent 17753290 health 2514745 liability 123
34528 auto property damage 66831 workmens col
lective 642660 total 333120 54
5 Entire premiums collected during the year Accident
118692333health 14775892 liability 107377908
auto property damage 419280 workmens collective
4778840 total 2460442 53
49ins762
ComptrollerGenerals Eeport
434523 97
6 Deduct reinsurance return premiums und cancellations
Accident 25255882 health 3534570 liability 141
09874 auto property damage 36600 workmens col
lective 515471 total
7 Net cash actually received for premiums Accident
93436451 health 11241322 liability 93268034
auto property damage 382680 workmens collective
4263369 total 2025918 56
18 Total net cash actually received for premiums 2025918 56
19 Policy fees required or represented by applications 19642 00
20 Interest on mortgage loans 27244 04
21 Interest on collateral loans 3000 00
22 Interest on bonds less 323139 assured
interest acquired during 1908 92584 50
23 Interest on deposit 1953 58
24 Interest from all other sources 322 17
26 Total interest and rents 125 104 29
27 Profit on sale or maturity of ledger assets viz Beal
estate 606 67
38 Total inc
2171331 52
IIIDisburse men ts
1 Gross amount paid for losses Accident 41299209
health 4156563 liability 33460477 auto property
damage 64895 workmens collective 1763217 total
2 Deduct reinsurance Accident
3 Net amount paid policyholders for losses Accident 404
03899 health 4156563 liability 33460477 auto
property damage 64895 workmens collective 17
63217 total
4 Investigation and adjustment of claims Accident 7
90402 health 32016 liability 12912320 workmens
collective 38853 total
5 Totals Accident 41194301 health 4188579 liability
46372797 auto property damage 64895 workmen s
collective 1802070 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 27657189 health 3759462 liability 226
88886 auto property damage 114804 workmens
collective 1172426 total
18 Policy fees retained by agents
807443 61
8953 10
798490 51
137735 91
936226 42
553927 67
19642 00ComptrollerGenerals Report
763
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 toy commissions
23 Inspections other than medical
24 Rents
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
33 Loss on sale or maturity of ledger assets viz Bonds
35 Decrease by adjustment in book value of ledger assets
viz Real estate 200000 bonds 601225 total
37 All other disbursements viz Traveling expenses of
home office employees 272327 sundry expenses
506096 total
50000 00
106644 24
108118 42
16711 26
9923 34
479 72
63832 15
11630 25
18477 16
15486 37
726 45
130 00
8012 25
7784 23
46f Total disbursements 1927751 93
IVLedger Assets
1 Book value of real estate unencumbered 13516 67
2 Mortgage loans on real estate first liens 439200 00
4 Book value of bonds excluding interest 223325008
5 Cash in companys office 393625 deposited in banks
17500485 total 178941 10
11 Ledger assets 2864907 85
NonLedger Assets
12 Interest accrued on mortgages 5869 31
13 Interest due 675 and accrued 2128830
on bonds 21963 30
Total r 27832 61
18 Market value of bonds and stocks over book value 24994 92
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1908 Accident 16510560 health 2338713 liabil
ity 11421446 automobile property damage 66831
workmens collective 642660 total 309802 10
21 On policies or renewals issued prior to October 1 1908
Accident 1242730 health 176032 liability 9
13082 total 23318 44
37 Gross assets 3250855 92764
CompteolleeGenerals Eepobt
Deduct Assets Not Admitted
43 Gross premiums in course of collection written prior to
October 1 1908
23318 44
51 Admitted assets 3227537 48
VLiabilities
1 Losses and claims adjusted Accident 2526278 health
153642 workmens collective 28676 total
2 Losses and claims in process of adjustment Accident
3246042 health 131857 workmens collective
49228 total
3 Losses and claims reported proofs not received Acci
dent 9573180 health 464501 auto property dam
age 47650 workmens collective 78451 total
4 Losses and claims resisted Accident
5 Total losses and claims Accident 18230500 health
750000 auto property damage 47650 workmens
collective 156355 total
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 153594966
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 56
67753 unearned premiums pro rata
767974 82
7070 05
21 Total unearned premiums
22
23
Commissions brokerage and other charges due to be
come due to agents or brokers on policies issued sub
sequent to October 1 1908 viz
Accident 1817125 health 779571 liability 27
26081 auto property damage 20049 workmens col
lective 176731 total
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
27 state county andmunicipal taxes due or accrued
30 Return premiums and cancellations
31 Reinsurance
33 Other liabilities viz
3 1 Reserve for contingencies
27085 96
34271 27
101637 82
28850 00
191845 05
191845 05
513163 85
705008 90
795044 87
85195 57
5126 75
45583 17
13941 10
4040 23
100000 00
42 Total amount of all liabilities except capital 1753940 59ComptrollerGenerals Eeport 765
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 973596 89
45 Surplus as regards policyholders 1473 596 89
46 Total liabilities 3227 537 48
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident 1255839 health 1
74437 liability 15400 total 14456 76
2 Gross losses paid Accident 401970 health 82899
liability 173730 total 6585 89
ROYAL CASUALTY COMPANY OF ST LOUIS MO
J D Sutton President F H Pickrell Secretary
Home Office 412 Missouri Trust Bldg St Louis Mo
Wm A Wright Atlanta Attorney for Service in Georgia
Capital Stock
1 Amount of capital paid up
in cash
Extended at
100000 00
100000 00
IIIncome
32 From all other sources viz
33 Net surplus March 10 1909 contributed by stockholders
38 Total income
6231 96
106231 96
IVLedger Assets
2 Mortgage loans on real estate first liens
5 Cash deposited in banks
li Certificates of deposit
53300 00
5431 96
47500 00
11 Ledger assets 106231 96766
Comptrollee3teneeals Eepoet
UNITED STATES BRANCH OE THE THAMES MERSEY MARINE
INSURANCE COMPANY LTD OP LIVERPOOL ENGLAND
H K Fowler Manager
Head Office in United States 8292 Beaver St New York City
A L Farie Savannah Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 310000 00
2 Amount of ledger assets December 31 of
previous year 772608 10
Extended at
IIIncome
5 Gross premiums 507005 80
6 Deduct gross amount paid for reinsurance
Marine and inland 8653829 return
premiums marine and inland 5893830 145476 59
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks 24450 00
15 Total gross interest and rents
16 From other sources viz
17 Refunds etc received account home office
608 10
361529 21
24460 00
27172 33
28 Total income 413151 54
IIIDisbursements
1 Gross amount paid policyholders for losses
including 14827889 occurring in pre
vious years 280876 66
2 Deduct amount received for salvage ma
ripe and inland 2949091 reinsurance
marine and Wand 5163763 total 81128 54
3 Net amount paid policyholders for losses 199748 12
5 Commissions or brokerage 33 943 94
i Allowances to local agencies for miscellaneous agencv ex
lsls 3182 62
7 Salaries and expenses of special and general agents 3215 70
8 Salaries tecs and all other charges of officers directors
trustees and home office employees 32 337 05
9 Rents
5750 00
I Advertising 100 printing and stationery 178874 1888 7411
12
13
15
17
20
21
23
24
27
28
40
16
18
28
32
35
38
2
5
ComptrollerGenerals Report
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Underwriters boards and tariff associations
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
Other disbursements viz
Sundry expenses traveling expenses repairs subscrip
tions etc
Remitted to home office 75 650 00
Claims etc paid account home office 64675 07
Total
Total disbursements
IVLedger Assets
Book value of bonds 41092050 and stocks 260663
Cash in company a office
Deposits in trust companies and banks not on interest
Agents balances representing business written subse
quent to October 11908
Agents balances representing business written prior to
October 1 1908
Total ledger assets
XonLedger Assets
Interest due 2125 and accrued 162708 on bonds
Gross assets
Deduct Assets Not Admitted
Agents balances representing business
written prior to October 1 1908 1294 41
Book value of ledger assets over market
value viz Book value 67158350
market value 61476875 total 56814 75
Total
Total iadmitted assets
VLiabilities
Gross claims for losses in process of adjustment or in
suspense including all reported and supposed losses
Deduct reinsurance due or accrued
767
2460 81
167 00
482 52
2121 90
101 75
13425 24
1442 85
2548 74
140325 07
443142 05
671583 50
65 77
5179 20
64494 71
1294 41
742617 59
3752 08
746369 07
58109 16
688260 51
222584 00
20622 00768
ComptrollerGenerals Eeport
6 Net amount of unpaid losses and claims
9 Gross premiums loss reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
2641264 unearned premiums 100 per
cent 4
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 5667003
unearned premiums 100 per cent
195962 00
26412 64
56670 03
12 Total unearned premiums as computed above
19 Salaries rents expenses bills accounts fees etc due
or accrued
20 State county and municipal taxes due or accrued
21 Commissions brokerage and other charges due or to be
come due to agents and brokers
22 Reinsurance premiums
27 Total amount of all liabilities except capital
28 Capital actually paid up in eash 310000 00
29 Surplus over all liabilities 73613 95
30 Surplus as regards policyholders
31 Total liabilities
Business in the State of Georgia During tihe Y
23 Cross risks written
2 Cross premiums received
Less return premiums
83082 67
1458 00
10172 53
1700 02
12271 34
304646 56
383613 95
688260 51
1571282 00
4101 48
1 00
Net premiums received
25 Losses paid deducting salvage
26 Losses i acurred
4100 48
55 01
170 00
THE TITLE GUARANTY AND SURETY COMPANY OK SCRANTQN PA
Louis A Watres President T0hn H Law Secretary
Borne Office 516 Spruce Street Scranton Pa
Alexander W Smith Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
ca8h 800000 00
2 Amount of ledger assets December 31 of
lvis ear 1620595 69
KXW 1620595 0918
20
21
22
23
25
ComptrollerGenerals Eeport
IIIncome
Gross premiums unpaid December 31 last year Surety
16696661 title 117730 total
Gross premiums written and renewed during the year
Surety 79371715 title 64225 total
Total premiums Surety 96068376 title 181955
Deduct gross premiums now in course of collection
Surety 17479826 title 124261 total
Entire premiums collected during the year Surety
78588550 title 57694 total
Deduct reinsurance return premiums and cancellations
Surety
Net cash actually received for premiums Surety 628
98874 title 57694 total
Total net cash actually received for premiums
Interest on mortgage loans
Interest on collateral loans
Interest on bonds and dividends on stock
Interest on deposit
Gross rents from companys property in
cluding 400000 for companys occu
pancy of its own buildings
6541 18
6269 30
48177 77
462 15
5200 00
26 Total interest and rents
27 Profit on sale or maturity of ledger assets viz
28 Bonds
32 From all other sources viz
33 Title department search fees 3179 42
34 Exchange 38 94
35 Prom agents balances previously charged
off 2 44
Total
38 Total income
769
168143 91
794359 40
962503 31
176040 87
786462 44
156896 76
629565 68
629565 68
66650 40
175 00
3220 80
699611 88
IIIDisbursements
1 Gross amount paid for losses Surety 198392 27
2 Deduct salvage and reinsurance Surety 26863 24
3 Net amount paid policyholders for losses Surety 171529 03
4 Investigation and adjustment of claims Surety 29166 63
5 Total Surety 200695 66
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
16 Surety 155631 65
19 Stockholders for interest or dividends amount declared
during the year 4800000 48000 00770 ComptrollerGenerals Eeport
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 61135 16
21 Salaries traveling and all other expenses of agents not
paid by commissions gj 4gg jg
24 Rents including 400000 for companys occupancy of
its own buildings g 499 qq
25 Repairs and expenses other than taxes on real estate 3541 39
26 Taxes on real estate 2 043 18
27 All ether taxes licenses and insurance department fees 22969 79
28 Legal expenses 4g7 41
29 Advertising 5 o47 61
30 Printing and stationery jg 029 84
31 Postage and express 15 959 72
32 Furniture and fixtures 3 278 68
37 All other disbursements viz
38 Interest paid 46 11
39 Title department expense 2 123 57
40 General expense 10 130 34
41 Agents balances charged off 595 01
Tota1 12901 63
46 Total disbursements t 543 qq 44
IVLedger Assets
1 Book value of real estate 90 000 00
2 Mortgage loans on real estate first liens 117 017 60
3 Loans secured by pledge of bonds stocks or other col
laterals 84625 00
4 Bool value of bonds excluding interest 1 215 686 57
5 Cash in companys office 556235 deposited in banks
503577 total 56379 12
6 Bills receivable 11 095 14
7 Other ledger assets viz
8 Advances on contracts 054 11
Miscellaneous assets 44514 5
10 Unlisted assets 35 00
TotaTT37 101603 70
LedgW aSSS 1676407 13
NonLedger Assets
12 Interest accrued on mortgages 1076 48
L3 Interest accrued on bonds 15683 24
Total
1Q 16750 72
10 Gross premiums m course of collection vizComptbollebGenebals Kepoet
771
24 On policies or renewals issued subsequent to October 1
1908 Surety 12817285 title 58661 total 128759 46
25 On policies or renewals issued prior to October 1 1908
Surety 4662541 title 65600 total 47281 41
37 Gross assets 1869207 72
Deduct Assets Not Admitted
39 Bills receivable 11095 14
43 Gross premiums in course of collection
written prior to October 1 1908 47281 41
44 Book value of ledger assets over market
value viz
45 Bonds 94786 17
Total
51 Admitted assets
153162 72
1716045 00
Liabilities
1 Losses and claims in process of adjustment Surety
2 Losses and claims reported proofs not received Surety
3 Losses and claims resisted Surety
4 Total losses and 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 49003814
unearned premiums 50 per cent 245019 07
20 Gross premiums less reinsurance upon
all unexpired risks running moTe than
one year from date of policy 148
86726 unearned premiums pro rata 73300 04
7224 24
9815 48
154993 53
172033 25
172033 25
318319 11
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 1908 viz
24 Surety
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Beinsurance
33 Other liabilities viz
34 Beserve for premium taxes payable in 1909
42 Total amount of all liabilities except capital 552342 03
26402 18
4023 34
22564 15
9000 00772 ComptrollerGenerals Report
43 Capital actually paid up in cash 800000 00
44 Surplus over all liabilities 363702 97
45 Surplus as regards policyholders i 163702 97
46 Total liabilities i7i6045 00
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Surety 4106 50
2 Gross losses paid Surety 7750 00
THE TRAVELERS INDEMNITY COMPANY OF HARTFORD CONN
Sylvester C Dunham President John L Way Secretary
Home Office No 700 Main Street Hartford Conn
n A Wright Atlanta Attorney for Service in Georgia
Vi
ICapital Stock
1 Amount of capital paid up
in eash 500000 00
2 Amount of ledger assets December 31 of
previous year 661643 74
Extended at 4
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
125629 steam boiler1073238 fly wheel 157710
auto property damage 350073 total
2 Gross premiums written and renewed during the year
Accident 1023009 health 68940 liability 47414
steam boiler 13281911 fly wheel 1772649 auto
property damage 7102314 total
3 Total premiums Accident 1148638 helath 68940
liability 47414 steam boiler 14355149 fly wheel
1930359 auto property damage 7452387 total
4 Deduct reinsurance Steam boiler 338459 fly wheel
393981 total
5 IWrl return Premiums on policies cancelled Acci
dent 27337 health 379 steam boiler 660240 llv
wtael 211033 auto property damage 597046 total
Premiumfl policies not taken Accident 2
24162 health 8595 steam boiler 2091316 fly
wheel 316245 auto property damage 15138 76
1 Deduct premiums in course of collection Accident 1
23866 steam boiler 2190259 fly wheel 231196
auto property damage 460240 total
661643 74
17066 50
232962 37
25002S 87
7824 40
14960 35
41541 84
31055 01ComptrollerGenerals Report
773
8 Total deductions Accident 375355 health 8974
steam boiler 5330274 fly wheel 1152455 auto
property damage 2571162 total
9 Net cash received for premiums Accident 773283
health 59966 liability 47414 steam boiler 90
24875 flywheel 777904 auto property damage 48
81225 total
20 Inspections
21 Gross interest on mortgage loans 18628 25
22 Gross interest on collateral loans 3005 99
23 Giross interest on bonds and dividends on
stocks less 147430 accrued interest on
bonds acquired during 1908 7451 60
24 Gross interest on deposits in trust compa
nies and banks 1171 61
27 Total gross interest and rents
34 Gross profit on sale or maturity of ledger assets viz
Bonds
36 Total income
94382 20
155646 67
43 50
30257 45
95 00
186042 62
IIIDisbursements
1 Gross amount paid for losses Accident 12928 health
25635 liability 1000 steam boiler 344862 auto
property damage 968602 total 13530 27
3 Deduct salvage Auto property damage 2 0O
4 Total deduction Auto property damage 2 00
5 Net amount paid policyholders for losses Accident
12928 health 25635 liability 1000 steam boiler
344862 auto property damage 968402 total 13528 27
16 Investigation and adjustment of claims viz
17 Accident 169 health 316 steam boiler 69972
automobile property damage 199305 total 2697 62
22 Commission or brokerage less amount received on return
premiums and reinsurance for the following classes
23 Accident 270656 health 20981 liability 1360
steam boiler 2019648 fly wheel 149579 auto
property damage 1083448 total 35456 72
27 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 9044 63
28 Salaries traveling and all other expenses of agents not
paid by commissions 14552 41
30 Inspections other than medical and claim 33515 83
31 Rents 1725 10
34 State taxes on premiums 1571 02
35 Insurance department licenses and fees 2253 12
36 All otheT licenses fees and taxes viz
37 Capital stock tax 6000 00774
ComptrollerGenerals Report
38 County and municipal licenses and fees 120 00
39 County and municipal taxes 27 92
Total
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
47 Other disbursements viz
48 Miscellaneous expense 135 66
49 Periodicals and books 51 66
50 Exchange 62 97
6147 92
101 40
2262 10
3293 57
1105 20
586 42
Total
55 Total disbursements
250 29
128091 62
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
7 Deposits in trust companies and banks on interest
407830 00
54000 00
207955 Jo
49808 99
13 Ledger assets 7594 7i
NonLedger Assets
14 Interest accrued on mortgages 3 478 59
15 Interest accrued on bonds 2 865 83
16 Interest accrued on collateral loans s34 52
Total
20 Market value of bonds and stocks over book value
7178 94
3798 00
40 Gross assets
54 Admitted assets
VLiabilities
1 Losses and claims in process of adjustment Steam
boiler

3 Losses and claims reported proofs not received Acci
dent 6000 health 8750 total
5 Total losses and claims Accident 60 health 87 30
steam boiler 214000 total
7 Net unpaid claims except liability claims Accident
6010 health 8750 steam boiler 214000 total
16 Special reserve for unpaid liability losses
730571 68
730571 OS
21 in 00
147 50
2287 50
22S7 50
356 08
ComptrollerGenerals Eeport
775
16 Special reserve for unpaid liability losses property
damage
18 Total unpaid claims and expenses of settlement
19 Gross premiums less reinsurance upon
all unexpired risks running one yeaT oir
less from date of policy 8475252
unearned premiums fifty per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 139
92398 unearned premiums pro rata
42376 26
100009 96
21 Total unearned premiums
28 State county and municipal taxes due or accrued
29 Dividends due stockholders
44 Total amount of liabilities except capital
45 Capital actually paid up in cash
46 Surplus over all liabilities
47 Surplus as regards policyholders
48 Total liabilities
500000 00
71772 92
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident 14217 steam boiler
44853 auto property damage 36827 total
2 Gross losses paid Accident
5222 64
7866 22
142386 22
1275 16
7271 16
158798 76
571772 92
730571 68
958 77
39 28
THE TRAVELERS INSURANCE COMPANY OF HARTFORD CONN
Sylvester C Dunham President Louis F Butler Secretary
Home Office 700 Main Street Hartford Connecticut
ICapital Stock
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 12330431 54
3 Increase of paidup capital during the
year
1000000 00
Extended at 13330431 54776 ComptrollerGenerals Report
IIIncome
1 Gross premiums unpaid December 31 1907 Accident
36893391 health 4920873 liability 76180560
workmens collective 466613 total 1184614 37
2 Gross premiums written and renewed during the year
Accident 381262759 health 46221696 liability
572040944 workmens collective 1738170 total 10012635 69
3 Total Accident 418156150 health 51142569 lia
bility 648221504 workmens collective 2204783
totai 11197250 06
4Deduct reinsurance Accident 10606832 health 11
39566 total 117463 98
5 Deduct return premiums on policies cancelled Accident
9745542 health 1314594 liability 43691798
workmens collective 132278 total 548842 12
6 Deduct premiums on policies not taken Accident 520
72510 health 7938545 liability 65073181 work
men s collective 621750 total 1257059 86
7 Deduct premiums in course of collection Accident 321
98806 health 4294706 liability 63109712 work
men s collective 321946 total 999251 70
8 Total deductions Accident 104623690 health 146
87411 liability 171874691 workmen s collective
1075974 total 2922617 66
9 Net cash received for premiums Accident 313532460
health 36455158 liability 476346813 workmens
collective 1128809 total 8274632 40
22 Gross interest on collateral loans 64135 14
23 Cross interest on bonds and dividends on
stocks less 2420330 accrued interest
acquired during 1908 424085 93
24 Gross interest on deposits in trust com
panies and banks 37 705 58
25 Gross interest from all other sources 1455 47
27 Total gross interest and rents 527 382 12
33 From agents balances previously charged off 267 07
34 Gross profit on sale or maturity of ledger assets viz
Bonds 234960 stocks 5067500 total 53024 W
36 Total income 8855306 19
1Disbursements
1 Gross amount paid for losses Accident 1254190 81
health 16118710 liability 178379179 workmens
collective 417594 total 333 MCompteolleeGenebals Repobt
777
2 Deduct reinsurance Accident 2829191 health 4
55559 total 32847 50
4 Total deduction Accident 2829191 health 455559
total 32847 50
5 Net amount paid policyholders for losses Accident
122589890 health 15663151 liability 178379179
workmens collective 417594 total 3170498 14
16 Investigation and adjustment of claims viz Accident
4180380 health 432181 liability 92358952 tltal 969715 13
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 93598690 health 9202366 liability
108209695 workmens collective 238113 total 2112488 64
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 279772 44
28 Salaries traveling and all other expenses of agents not
paid by commissions 427470 50
28 Salaries traveling and all other expenses of pay roll
auditors 85972 97
29 Medical examiners fees and salaries 29394 62
30 Inspections other than medical and claim 133089 85
31 Bents including 5527005 balance life statement for
companys occupancy of its own buildings 114000 38
33 Taxes on capital stock 64880 00
34 State taxes on premiums 130685 48
35 Insurance department licenses and fees 13326 60
36 All other licenses fees and taxes viz County and munici
pal licenses and fees 302150 county and municipal
taxes 217715 total 5198 65
41 Legal expenses 2742 74
42 Advertising 39112 52
43 Printing and stationery 60197 99
44 Postage telegraph telephone and express 61368 55
45 Furniture and fixtures 35515 64
46 Stockholders for interest or dividends amount declared
during the year 25000000 250000 00
47 Other disbursements viz Heat and light and miscellane
ous expenses of offices 2507700 newspapers peri
odieals and books 381616 miscellaneous expense
778773 interest on advance payments for subscrip
tions to capita stock 3781227 total 74493 16
52 Agents balances charged off 3045 74
53 Gross loss on sale or maturity of ledger assets viz
Bonds 143750 stocks 91801 total 2355 51
55 Total disbursements 8065325 25
50ins778
ComptrollerGenerals Report
IVLedger Assets
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds 898309102 and stocks 3274
41650 total
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
6 Cash at branch offices not on interest
7 Deposits in trust companies and banks on interest
8 Bills receivable
10 Agents balances
969416 53
12257507 52
6000 00
198372 03
39170 16
609967 21
3520 00
36459 03
13 Ledger assets 14120412 48
NonLedger Assets
15 Interest due and accrued on bonds 132639 60
16 Interest due and accrued on collateral
loans
15079 98
Total
20 Market value of bonds and stocks over book value
40 Gross assets
Deduct Assets Not Admitted
117719 58
131338 23
14399470 29
42 Bills receivable
42Y2 Agents balances
3520 00
36459 03
Total
39979 03
54 Admitted assets
VLiabilit ies
1 Losses and claims adjusted Accident 504190 health
114389 total
2 Usaes ami claims in process of adjustment Accident
3 Losses and claims reported proofs not received Acci
dent 12971016 health t2074275 workmen i col
lective 128250 total
4 Losses 11111 claims resisted Accident
1 1359491 26
6185 79
6100 00
151775 11
92100 00
5 Total losses and claims Accident 23299206 health
2188664 workmens collective 128250 total
7 Net unpaid claims except liability claims Accident
256161 20ComptbolterGenekaTjs Eepoet
779
23299206 health 2188664 workmens collective
128250 total 256161 20
16 Special reserve for unpaid liability losses 3154219 84
16 Special reserve for unpaid liability losses additional 936309 71
18 Total unpaid claims and expenses of settlement 4346690 75
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 632693548
unearned premiums fifty per cent 3163467 74
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 268
72946 unearned premiums pro rata 544632 37
21 Total unearned premiums 3
27 Salaries rents expenses bills accounts fees etc due
or accrued
28 State county and municipal taxes due or accrued
35 Other liabilities viz Reserve accident excess limit
1109023 reserve accident contingent fund 128
94844 reserve accident on accumulations 9384606
reserve liability excess limits 3587648 total
08100 11
59635 00
157104 00
269761 21
44 Total amount of all liabilities except capital
45 Capital actually paid up in cash 2000000 00
46 Surplus over all liabilities 3818200 19
47 Surplus as regards policyholders
3541291 07
5818200 19
48 Total liabilities 14359491 26
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Accident 6558400 health 1383956 lia
bility 3275187 total 112175 43
Gross losses paid Accident 2352324 health 593735
liability 1265777 total 42118 36780 ComptrollerGenerals Eeport
UNION HEALTH AND ACCIDENT COMPANY OF COLORADO
F S Moore President t Tvrnio a t
J Si McCleerv Secretary
Home Office o7 to 61 Arapahoe Building 1622 Arapahoe St Denver Col
James S Wright Brunswick Attorney for Service in Georgia

LCapital Stock
1 A
mount of capital paid
in cash
up
100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 170 429 33
Extended at
170129 33
IIIncome
1 Gross premiums unpaid December 31 last year Accident
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 Acci
dent and health
6 Return premiums
7 Net cash actually received for premiums Accident and
health
S TotaI llrt cash actually received for premiums
Poliey fees required or represented by applications
20 Interest on mortgage loans 5098 87
22 Interest on bonds and dividends on
stock
2 Interest on deposit
288 00
60 80
26 Total interest and rents
27 Profit on sale or maturity of ledge assets viz Stocks
id llom all other sources viz Commission profit on real
estate loans
38 Total
Net amount paid policyholders for losses Accident and
health
1979 25
69866 74
71845 99
1681 70
6 7Q
70157 59
70157 59
15830 00
ol17 67
200 00
592 00
H2227 26
HI Disbursements
1 Gross amount paid for losses Accident and health 20124 00
20124 00ComptbolleeGenebal s Eepobt
781
4 Investigation and adjustment of claims Accident and
health
58 00
5 Totals Accident and health 20182 00
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 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
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
37 All other disbursements viz Traveling and general ex
pense 82803 collection commissions 225426 divi
dends to policyholders 284465 account defunct Den
ver Savings Bank charged off 111062 agents
balances charged off 61088 total 7648 44
21445 17
15830 00
40000 00
12501 00
115 70
37 00
1076 50
1976 56
333 55
808 66
2004 75
1110 46
46 Total disbursements 125069 79
IVLedger Assets
2 Mortgage loans on real estate first liens 119075 00
4 Book value of stocks 9500 00
5 Cash in companys office 5685 deposited in banks
698890 total 7045 75
7 Other ledger assets viz Personal accounts receivable
73580 furniture and fixtures 123025 total 1966 05
11 Ledger assets 137586 80
NonLedger Assets
12 Interest due 42225 and accrued 2
25507 on mortgages 2677 32
15 Interest accrued on other assets bank
account 31 04
Total
18 Market value of bonds and stocks over book value
2708 36
1140 00782
ComptbolleeGenebals Repoet
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1908 Accident and health
Deduct Assets Not Admitted
39 Personal accounts receivable
40 Furniture and fixtures
735 80
1230 25
Total
51 Admitted assets
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 Total losses and claims Accident and health
18 Total unpaid claims and expenses of settlementsf
19 Gross premiums less reinsurance upon
all unexpired risks running oik year oo
less from date of policy 432580 un
earned premiums 50 per cent 2162 90
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued sub
sequent to October 1 1908 viz Accident and health
32 Advance premiums 100 per cent
33 Other liabilities viz State premium taxes accrued
12 Total amount of nil liabilities except capital
l Capital actually paid up in cash 100000 00
M Surplus over all liabilities 33083 96
45 Surplus as regards policy holders
46 Total liabilities
Business in the state of Georgia During the Y
Gross premiums in course of collection Dec 31 previous year
Accident and health
1681 70
37 Gross assets 143116 86
1966 05
141150 81
215 15
1768 35
1983 50
1983 5a
2162 90
351 64
2259 50
1309 31
8066 85
133083 96
141150 81
1979 25ComptrollerGenerals Report
783
Deduct the amount of same not collected or charged off dur
ing the year Accident and health
Amount of same collected during the year Accident and
health
753 20
1226 05
UNITED STATES CASUALTY COMPANY OF NEW YORK
Edson S Lott President D G Luckett 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 as per balance
December 31 of previous year 2088077 50
3
Extended at 2088077 50
IIIncome
Gross premiums unpaid December 31 1907 Accident
6331547 health 2612019 liability 6980289 steam
boiler 595491 burglary and theft 463806 sprinkler
411122 workmens collective 289142 total 176834 16
Gross premiums written and renewed during the year
Accident 80031413 health 31115552 liability
62621642 steam boiler 5222265 burglary and theft
5689641 sprinkler 5798710 workmens collective
831932 total 1913111 55
Total Accident 86362960 health 33727571 liabil
ity 69601931 steam boiler 5817756 burglary and
theft 6153447 sprinkler 6209832 workmens col
lective 1121074 total 2089945
Deduct reinsurance Accident 1628524 health 1
00549 liability 244022 steam boiler 209091 bur
glary and theft 217089 sprinkler 404409 total
Deduct return premiums on policies cancelled Accident
2435313 health 1206903 liability 2524650 steam
boiler 243581 burglary and theft 168334 sprinkler
179845 workmens collective 43552 total
6 deduct premiums on pojicies not taken Accident 220
96950 health 11483542 liability 14567974 steam
boiler 1474256 burglary and theft 645445 sprink
ler 1192069 workmens collective 492602 total
7 Premiums in course of collection Accident 5005249
5
71
28036 84
68021 78
515528 38784
ComptrollerGeneral s Keport
health 2326156 liability 5103486 steam boiler
515738 burglary and theft 715429 sprinkler
405513 workmens collective 38254 total
141098 25
Total deductions Accident 31166036 health 151
17150 liability 22440132 steam boiler 2442666
burglary and theft 1746297 sprinkler 2181836
workmens collective 174408 total
752685 25
9 Net cash received for premiums Accident 5596924
health 18610421 liability 47161799 steam boiler
3375090 burglary and theft 4407150 sprinkler
4027996 workmens collective 946666 total 1337260 46
21 Gross interest on mortgage loans 8581 71
23 Gross interest on bonds and dividends on
stocks less 188444 accrued interest on
bonds acquired during 1908 69800 73
2 1 Gross interest on deposits in trust com
panies and banks 1335 81
27 Total gross interest and rents
32 Recovery of uncollectible premiums previously charged
to profit and loss
34 Gross profit on sale or maturity of ledger assets viz
Stocks
79718 25
345 36
427 05
36 Total income 1417751 57
IIIDisbursements
1 Gross amount paid forlosses Accident 20627923
health 7105883 liability 17473962 steam boiler
133335 burglary and theft 1154577 sprinkler 7
S2414 workmens collective 196426 total 474745 20
2 Deduct reinsurance Accident 774631 health 19050
steam boiler 305S7 burglary and theft 4689 sprink
ler 33839 total
4 Total deduction Accident 774631 health 19050
steam boiler 30587 bvsrglaxy and theft 4689 sprink
ler 33839 total
5 Net amount paid policyholders for losses Accident
19853292 health 7086833 liability 17473962
steam boiler 102748 burglary and theft 1149888
sprinkler 748575 workmens collective 196426
total
16 Investigation and adjustment of claims viz Accident
2197491 health 655961 liability 4953506 steam
8627 96
8627 96
466117 21ComptrollerGenerals Report
785
boiler 35916 burglary and theft 77247 sprinkler
102299 workmens collective 79956 total 81023 70
22 Commissions or brokerage less amount received on return s
premiums and reinsurance far the following classes
Accident 16921403 health 5701194 liability 123
07803 steam boiler 886403 burglary and theft 12
92081 sprinkler 1116561 workmens collective 2
38239 total 384636 84
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 100707 53
28 Salaries traveling and all other expenses of agents not
paid by commissions 52661 02
30 Inspections other than medical and claim 20476 95
31 Rents 17007 42
33 Taxes on real estate 58 06
34 State taxes on premiums 19670 46
35 Insurance department licenses and fees 6528 68
36 All other licenses fees and taxes viz Tax on personal
property 9666 municipal licenses 77033 city and
county taxes on premiums 72684 total 1593 83
41 Legal expenses 922 68
42 Advertising 2636 75
43 Printing and stationery 27809 34
44 Postage telegraph telephone and express 12830 66
45 Furniture and fixtures 2711 56
46 Stockholders for interest or dividends amount declared
during the year 4000000 39980 00
47 Other disbursements viz Extended free accident insur
ance 753936 miscellaneous 440000 interest on
temporary loan 8556 profit and loss premiums un
collectible 20718 total 12232 10
53 Gross loss on sale or maturity of ledger assets viz
Bonds 243750 stocks 73500 total 3172 50
55 Total disbursements 1252777 38
IVLedger Assets
1 Book value of real estate 5000 00
2 Mortgage loans on real estate first liens 245000 00
4 Book value of bonds 115904336 and stocks 707
49575 total 1866539 11
5 Cash in companys office 9666 69
6 Deposits in trust companies and banks not on interest 28655 85
7 Deposits in trust companies and banks on interest 98037 46
8 Bills receivable 152 58
13 Ledger assets 2253051 69786
ComptrollerGenerals Beport
NonLedger Assets
14 Interest accrued on mortgages
15 Interest accrued on bonds
3867 70
9269 87
Total 13137 57
21 Gross premiums in course of collection viz
On policies or renewals issued on or after October 1
1908 Accident 5005249 health 2326156 liability
5103486 steam boiler 515738 burglary and theft
715429 sprinkler 405ol3 workmens collective
38254 total 141098 25
40 Gross assets 2407287 51
Deduct Assets Not Admitted
42 Bills receivable
47 Book value of ledger assets over market
value viz Bonds 9983336 stocks
4588575 reserve for reinsurance in
companies not admitted in New York
1153674 total
152 58
157255 85
Total 157408 43
54 Admitted assets 2249S79 us
VLiabilities
2 Losses and claims in process of adjustment Accident
3794000 health 1153500 steam boiler 21100 bur
glary and theft 141500 sprinkler 2500 workmens
collective 41700 total
4 Losses and claims resisted Accident 2905600 health
81000 steam boiler 32700 burglary and theft
45000 total
51543 00
30643 00
5 Total losses and claims Accident 6699600 health
1231510 steam boiler 53800 burglary and theft
186501 sprinkler 2500 workmens collective
41700 total
32186 00
1 Nel unpaid claims excepl liability claims Accident
6699600 health 1234500 steam boiler 53800
burglary and theft 186500 sprinkler 2500 work
mens collective 41700 total
10 Special reserve fur unpaid liability losses
82186 00
93216 44
18 Total unpaid claims and expt uses of settlement
175402 41ComptrollerGenerals Report
787
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 111072042
unearned premiums fifty per cent 555360 22
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 148
90882 unearned premiums pro rata 83788 04
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1908 viz Accident 1401470
health 651324 liability 1428976 steam boiler
144407 burglary and theft 200320 sprinkler
13543 workmens collective 10711 total
27 Salaries rents expenses bills accounts fees etc due
or accrued
28 State county and municipal taxes due or accrued
29 Dividends due stockholders that is declared but not
paid
33 Reinsurance
36 Additional special reserve for claims 100000 00
37 Voluntary reserve 100084 02
639148 26
Total
39507 51
7000 00
24000 00
10060 00
4676 85
200084 02
44 Total amount of all liabilities except capital 1099879 08
45 Capital actually paid up in cash 400000 00
46 Surplus over all liabilities 750000 00
47 Surplus as regards policyholders 1150000 00
48 Total liabilities 2249879 03
Business in the State of Georgia During the Year
Uross premiums received on risks written or renewed during
the year Accident 1469474 health 690642 lia
bility 2494890 steam boiler 97837 burglary and
theft 32375 sprinkler 29000 workmens collective
117762 total 49319 SO
Gross losses paid Accident 901864 health 288673
liability 519975 steam boiler 9153 workmens
collective 31274 total 17509 39
788
ComptrollerGenerals Keport
UNITED STATES FIDELITY AND GUARANTY COMPANY
OF MARYLAND
Join R Bland President Geo R Callis See and Treas
Home Office United States Fidelity and Guaranty Building
Baltimore Maryland
Win A Wight Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1700000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3696566 50
Deduct to adjust department guaranteed
attorneys premium account 3985 00
Extended at 3692581 50
IIIncome
1 Gross premiums unpaid December 31 1907 Fidelity and
surety 35725893 guarantee attorneys department
398500 burglary and theft 5302063 total 414264 56
2 Gross premiums written and renewed during the year
Fidelity and surety 282127113 guarantee attorneys
department 1663000 burglary and theft 33926825
total
3177169 38
3 Total Fidelity and surety 317853006 guarantee attor
neys department 2061500 burglary and theft 392
28888 total 3591433 94
4 Deduct reinsurance Fidelity and surety 4958537
burglary and theft 2070193 total
5 Deduct return premiums on policies cancelled Fidelity
and surety 34237207 burglary and theft 6111152
total
7 Deduct premiums in course of collection Fidelity and
surety 37535940 guarantee attorneys department
406500 burglary and theft 4582585 total
70287 30
403483 59
425250 25
8 Total deductions Fidelity and surety 76731684 guar
antee attorneys department 406500 burglary and
theft 12763930 total 899 021 14
9 Net cash received for premiums Fidelity and surety
241 121322 guarantee attorneys department 16
55000 burglary and theft 26464958 total 590 41 80
21 Gross interest 011 mortgage loans 630 56
22 Gross interest on collateral loans 18 580 72
CompteollebGenerals Report
789
23 Gross interest on bonds and dividends on
stocks less 347908 accrued interest ac
quired during 1908 83885 96
24 Grass interest on deposits in trust com
panies and banks 5833 48
25 Gross interest from all other sources 145 07
26 Gross rents from companys property in
cluding 2000000 for companys occu
pancy of its own buildings 34941 92
27 Total gross interest and rents 144017 71
29 Department guaranteed attorneys net 22808 45
34 Gross profit on sale or maturity of ledger assets viz
Bonds 26088 stocks 186563 total 2126 51
36 Total income 2861365 47
IIIDisbursements
1 Gross amount paid for losses Fidelity and surety 1446
76585 burglary and theft 6911490 total 1515880 75
2 Deduct reinsurance Fidelity and surety 4533944 bur
glary and theft 184621 total 47185 65
3 Deduct salvage Fidelity and surety 60985199 bur
glary and theft 154100 total 611392 99
4 Total deduction Fidelity and surety 65519143 bur
glary and theft 338721 total 658578 64
5 Net amount paid policyholders for losses Fidelity and
surety 79157442 burglary and tlheft 6572769 total 857302 11
16 Investigation and adjustment of claims viz Fidelity
and surety 10411564 burglary and theft 648393
total 110599 57
22 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity and surety 46328695 burglary and theft
6875396 total 532040 91
27 Salaries fees and all other compensation of officers
directors trustees and home office employees 223497 92
28 Salaries traveling and all other expenses of agents not
paid by commissions 293343 00
30 Inspections other than medical and claim 14019 34
31 Rents including 2000000 for companys occupancy of
its own buildings 54476 26
32 Repairs and expenses other than taxes on real estate 29818 29
33 Taxes on Teal estate 9316 18
34 State taxes on premiums 45575 79
35 Insurance department licenses and fees 17305 76790
ComptbollebGenebals Kepobt
36 All other licenses fees and taxes viz State and city
taxes on capital stock 1171344 municipal licenses
177501 total
41 Legal expenses
42 Advertising
43 Printing and stationery
44 Postage telegraph telephone and express
45 Furniture and fixtures
46 Stockholders for interest or dividends amount declared
during the year 11900000
47 Other disbursements viz Interest 20686 drome office
traveling expenses 735086 general miscellaneous ex
penses 749119 total
53 Gross loss on sale or maturity of ledger assets viz
Bonds 635000 stocks 3950 total
54 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate
13488 45
38734 01
46758 97
32884 58
62478 07
13990 83
119000 00
151148 91
6389 50
2550 00
55 Total disbursements 2538618 45
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
laterals
f244164468 and stocks 236
4 Book value of bond
01815 total
5 Cash and checks in company s office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
9 Other ledger assets viz Due and accrued by U S Gov
ernment under contracts 2403741 due for subscrip
tions dept guaranteed attorneys 4039217 accounts
with suspended banks 1359520 total
481381 84
9300 00
146104 15
2677662 83
12383 33
326538 58
253933 01
78024 78
13 Ledger assetsjj 4 015 328 52
NonLedger Assets
11 Interest due and accrued on mortgages
15 Interest due and accrued on bonds
16 Interest due and accrued on collateral
loans
17 Interest due and accrued on other assets
18 Bents due and accrued on companys
property lease
20 30
32904 07
1059 90
300 00
624 99
Total
21 Gross premiums in course of collection viz
On policies or renewals issue1 on or after October 1 1908
34909 26ComptrollerGenerals Report
791
Fidelity and surety 34728567 guaranteed attorney
department 365000 burglary and theft 4455517
total 395490 84
On policies or renewals issued prior to October 1 1908
Fidelity and surety 2807373 guaranteed attorneys
department 41500 burglary and theft 127068 total 29759 41
40 Gross assets 4475488 03
Deduct Assets Not Admitted
46 Gross premiums in course of collection
written prior to October 1 1908 29759 41
47 Book value of ledger assets over market
value viz Bonds 12656990 stocks
466115 accounts with suspended banks
25 per cent 483737 total 136068 42
Total
54 Admitted assets
165827 83
4309660 20
VLiabilities
2 Losses and claims in process of adjustment Fidelity and
surety 22304099 burglary and theft 951722 total 232558 21
4 Losses and claims resisted Fidelity and surety 464
29908 burglary and theft 720000 total 471499 08
5 Total losses and claims Fidelity and surety 68734007
burglary and theft 1671722 total 704057 29
7 Net unpaid claims except liabiilty claims Fidelity and
surety 68734007 burglary and theft 1671722
total 704057 29
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 247829976
unearned premiums 50 per cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 448
95157 unearned premiums pro rata
704057 29
1239999 38
242696 46
21 Total unearned premiums 1482695 84
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on792
ComptrollerGenerals Eeport
or after October 1 1908 viz Fidelity and surety 69
28716 burglary and theft 1158434 total 80871 50
27 Salaries rents expenses bills accounts fees etc due
or accrued 5000 00
28 State county and municipal taxes due or accrued 33202 78
32 Return premiums 6253 46
33 Reinsurance 19592 28
35 Other liabilities viz Munich Reisnurance Co reserve
account 11999 07
44 Total amount of all liabilities except capital 2343672 22
45 Capital actually paid up in cash 1700000 00
46 Surplus over all liabilities 265987 98
47 Surplus as regards policyholders 1965987 98
48 Total liabilities 4309660 20
Business in the State of Georgia During the Year
Gross premiums received on risks written or renewed during
the year Fidelity and surety 3249205 burglary and
theft 217909 total 34671 14
Gross losses paid Fidelity and surety 48367 burglary and
theft 9055 total 574 22
UNITED STATES HEALTH AND ACCIDENT INSURANCE COMPANY
OF MICHIGAN
J B Pitcher President T M Pitcher Secretary
Home Office 130 North Washington Avenue Saginaw Michigan
II Conley Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 661007 94
Extended at 661007 94
IIIncome
1 Cross premiums unpaid December 31 last year Accident
and health 50848 g2
Cross premiums written and renewed during the year Acci
dent and health i oio 103 D2
3 Total Accident and health i Q61 012 44ComptrollerGenerals Report
4 Deduct gross premiums now in course of collection
Accident and health
5 Entirepremiums collected during the year Accident and
health
6 Deduct reinsurance return premiums and cancellations
Accident and health
7 Ket cash actually received for premiums Accident and
health
18
19
20
22
23
26
27
28
29
32
33
Total net cash actually received for premiums
Policy fees required or represented by applications
Interest on mortgage loans 705 68
Interest on bonds and dividends on stock 25515 85
Interest on deposit 458 97
Total interest and rents
Profit on sale or maturity of ledger as
sets viz
Bonds
Gross increase by adjustment in book
value of ledger assets
1654 88
6006 25
Total
From all other sources viz
Change of policy fees
38 Total income
793
62797 93
998214 51
59657 41
938557 10
938557 10
135575 00
26680 50
7661 13
425 50
IIIDisbursements
1 Gross amount paid for losses Accident and health 426182 23
3 Net amount paid policyholders for losses Accident and
health 426182 23
4 Investigation and adjustment of claims Accident and
health 233427
5 Totals Accident and health 428516 50
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident and health 216391 26
18 Policy fees retained by agents 135575 00
19 Stockholders for interest or dividends amount declared
during the year 36000 36000 00
20 Salaries fees and all other compensation of officers di
rectors trustees and home office employees 63475 56
21 Salaries traveling and all other expenses of agents not
paid by commissions 76624 44
22 Medical examiners fees and salaries 4110 43
51ins794 ComptrolleeGenebals Eeport
23 Inspections other than medical 468 00
24 Bents 21782 90
25 Repairs and expenses other than taxes on real estate
leased for home office 461 09
27 All other taxes licenses and insurance department fees 22579 31
28 Legal expenses HO 23
29 Advertising 2130 93
30 Printing and stationery 12 182 24
31 Postage and express telephone and telegraph 18483 85
32 Furniture and fixtures 5 649 15
33 Loss on sale or maturity of ledger assets viz
34 Bonds 426 00
37 All other disbursements viz
38 Home office supplies 1345 35
39 General expenses l 582 82
40 Premium paid on bonds purchased 11509 30
41 Premium paid on fidelity bonds of agents
collectors and employees 2157 32
Total 16594 79
42 Agents balances charged oft 901 67
46 Total disbursements 1062463 35
IVLedger Assets
2 Mortgage loans on real estate first liens 6300 00
4 Book value of bonds excluding interest 63027719 and
book value of stocks 100000 total 631277 19
5 Cash in companys office 10847 deposited in banks
6975816 total 69866 63
11 Ledger assets 707443 82
NonLedger Assets
12 Interest due and accrued on mortgages 66 33
13 Interest due and accrued on bonds 10010 49
TotaI 10076 82
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1908 Accident and health 62 797 93
37 Gross assets 780318 w
Deduct Assets Not Admitted
44 Book value of ledger assets over market value viz
45Bonds 5701 20
51 Admitted assets ComptbollebGeneeals Repoet
795
VLiabilities
1 Losses and claims in process of adjustment Accident
and health 778 37
2 Losses and claims reported proofs not received Acci
dent and health 50400 00
3 Loases and claims resisted Accident and health 3630 00
4 Total losses and claims Accident and health 54808 37
15 Net unpaid claims except liability claims 548Q8 37
18 Total unpaid claims and expenses of settlement 54808 37
19 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 17429078
unearned premiums 50 per cent 87145 39
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents ot brokers on policies issued subse
quent to October 1 1908 viz
23 Accident and health
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
31 Reinsurance
32 Advance premiums 100 per cent
33 Other liabilities viz
34 State county and municipal taxes due or accrued
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 300000 00
44 Surplus over all liabilities 275883 42
87145 39
21922 28
4000 00
168 05
11804 07
18885 79
198733 95
45 Surplus as regards policyiholders
46 Total liabilities
575883 42
774617 37
Business in the State of Georgia During the Year
1 Gross premiums received on risks written or renewed
during the year Accident and health
2 Gross losses paid Accident and health
18590 16
9897 10ComptrollerGeneral s Report
UNITED SURETY COMPANY OF BALTIMORE MARYLAND
Henry G Penniman President Robert A Dobbin Jr Secretary
Home Office 15 South Street Baltimore Md
J 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 717224 02
Extended at
717224 02
IIIncome
1 Gross premiums unpaid December 31 last year Acci
dent 160325 fidelity 794428 surety 4940968
plate glass 164269 burglary and theft 1340785 4
2 Gross premiums written and renewed during the year
Accident 3557781 health 46550 fidelity 5711815
surety 45985528 plate glass 2513681 burglary and
theft 9101219 total
3 Total premiums Accident 3718106 health 46550
fidelity 6506243 surety 50926496 plate glass 26
77050 burglary and theft 10442004 total
4 Deduct gross premiums now in course of collection Ac
cident 788069 health 1400 fidelity 723755
surety 7749624 plate glass 482309 burglary and
theft 1571406 total
5 Entire premiums collected during the year Accident
2930037 health 45150 fidelity 5782488 surety
43170872 plate glass 2195641 burglarv and theft
8870588 total
6 Deduct reinsurance return premiums and cancellations
Accident 1039956 health 20458 fidelity 940654
surety 5697297 plate glass 462655 burglary and
t heft 3443725 total
7 Net cash actually received for premiums Accident 18
90081 health 24692 fidelity 4841834 surety
37479575 plate glass 1732986 burglary and theft
5426873 total
18 Total net cash actually received for premiums
211 Interest on mortgage loans 16500
21 Interest on collateral loans 5 117 77
22 Interest on bonds and dividends on stock 7000 00
2 Interest on deposit 2378 03
24 Interest from all other sources g34 55
74007 75
669165 74
743173 49
113165 63
630007 86
116047 45
513960 41
513960 41ComptbollebGtenebals Eepoet
25 Gross rents from companys property in
cluding 10000 for companys occupancy
of its own buildings 11 670 02
26 Total interest and rents
32 From all other sources viz
33 Increase in book value of bonds
38 Total income
IIIDisbursements
1 Gross amount paid for losses Accident 442684 health
30000 fidelity 930879 surety 11320996 plate
glass 473833 burglary and theft 1706681 total
2 Deduct salvage and reinsurance Accident59570 fidel
ity 177333 surety 3914190 plate glass 1200
burglary and theft 228611 total
3 Net amount paid policy holders for losses Accident 3
83114 health 30000 fidelity 753546 surety 74
06806 plate glass 472633 burglary and theft 14
78070 total
4 Investigation and adjustment of claims Accident
13498 health 500 fidelity 58930 surety 8
40795 burglary and theft 189119 total
5 Totals Accident 396612 health 30500 fidelity 8
12476 surety 8247601 plate glass 472633 bur
glary and theft 1667189 total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
15 Accident 630284 health 4287 fidelity 1357542
surety 11550011 plate glass 637887 burglary and
theft 1763392 total
19 Stockholders for interest or dividends amount declared
during the year 15000
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 Bents including 10000 for companys occupancy of its
own buildings
25 Repairs and expenses other thm taxes on real estate
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
28 Legal expenses v
29 Advertising
30 Printing and stationery
31 Postage and express telephone and telegrams
7
26565 37
1085 00
541610 7S
149050 73
43809 04
105241 69
11028 42
116270 11
159434 03
15000 00
49154 95
38671 42
10000 00
51 12 75
73 35
18583 in
8077 28
4450 32
10878 08
6007 69798 CompteollebGenebals Kepoet
32 Furniture and fixtures 3180 04
37 All other disbursements viz
38 Agents balances charged off 37 35
39 Traveling expense 10474 74
40 General expense 6949 51
Total 17461 60
46 Total disbursements 462385 22
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 109474 32
4 Book value of bonds excluding interest 6430 and
book value of stocks 207000 total 213430 00
5 Cash in companys office 1364859 deposited in banks
16427579 total 177924 38
7 Other ledger assets viz
8 Due from individuals and corporations 11648 70
9 Windsor Trust Company 5968 70
10 Advance on contracts 22003 48
Total 39620 88
11 Ledger assets 796449 58
NonLedger Assets
12 Interest due 8250 and accrued 8250
on mortgages 165 00
14 Interest due 41260 and accrued 1
t 65183 on collateral loans 2064 43
15 Interest accrued on other assets 583 33
Total 2812 76
19 Gross premiums in course of collection viz
20 On policies or renewals issued subsequent to October 1
1908 Accident 657114 health 1400 fidelity 4
81690 surety 6237571 plate glass 443123 bur
glary and theft 1438214 total 92 591 1
21 On policies or renewals issued prior to October 1 1908
Accident 130955 fidelity 252065 surety 15
12053 plate glass 39186 burglary and theft 1
ml3192 f 20574 51
34 Other nonledger assets viz
35 Open reinsurance account go ago 03
37 Gross assets 1001390 80CompteolleeGenebals Eepoet
799
Deduct Assets Not Admitted
43 Gross premiums in course of collection
written prior to October 1 1909
44 Book value of ledger assets
over market value viz
45 Due from individuals and
corporations 11648 70
46 Open reinsurance account 88962 83
20574 51
Total 100611 53
Total
51 Admitted assets
VLiabilities
1 Dosses and claims adjusted Fidelity
2 Dosses and claims in process of adjustment Accident
23036 health 5000 fidelity 185333 surety 4
22848 plate glass 63445 burglary and theft 4
01850 total
3 Dosses and claims reported proofs not received Acci
dent 37250 fidelity 308539 surety 706935
plate glass 9500 burglary and theft 175000 total
4 Dosses and claims resisted Accident 100000 fidelity
47000 surety 1316500 burglary and theft 1
42450 total
5 Total losses and claims Accident 160286 health 50
fidelity 623729 surety 2446283 plate glass 729
45 burglary and theft 719300 total
14 Deduct reinsurance
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 44634628
unearned premiums 50 per cent 223173 14
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 28
28545 unearned premiums pro rata 17695 78
121186 04
880204 76
828 57
11015 12
12372 24
16059 50
40275 43
826 25
39449 18
39449 18
21 Total unearned premiums
22 Commissions brokerage and other charges due or to be
come due to agents ot brokers on policies issued subse
quent to October 1 1908 viz
240868 92800 ComptrollerGenerals Report
23 Accident 219607 health 490 fidelity 103081
surety 1871271 plate giass 161296 burglary and
theft 474610 total 28303 55
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued 10000 00
30 Return premiums 2 039 64
31 Reinsurance 3 215 26
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 56328 21
45 Surplus as regards policyholders
46 Total liabilities
Business in the State of Georgia During the Year
1 Gross premiums received or risks written or renewed
during the year Accident 63933 fidelity 204761
surety 232578 plate glass 62639 burglary and
theft 79094 total 6430 05
2 Gross losses paid Accident 750 plate glass 14135
burglary and theft 17500 total 323 85
323876 55
556328 21
880204 76Table No 1
Showing business done by Fire Insurance Companies in
the State of Georgia for the Year ending
April 30th 19095 D L TABLE No 1
Showmg Business done by Fre Insurance Companies in the State of Georgia for the Year Ending April 30th 1909
NAME OF COMPANY
Aachen Munich Fire
Adirondack
Alliance
American Central
American Druggists
American
Agricultural
Aetna
Athens Mutual
Atlas Assurance
Atlanta Home
Atlantic National
Blue Ridge
British America
Caledonian
Citizens
Columbia
Columbia
Commercial Union
Continental
Connecticut
Delaware
Dixie
Druggists Indemnity
Equitable
Federal
STATE
iermany
New York
Pennsylvania
Missouri
Ohio
New Jersey
New York
Connecticut
Georgia
England
Georgia
Georgia
Florida
Canada
Scotland
Missouri
New Jersey
Georgia
England
New York
Connecticut
Philadelphia
North Carolina
Amount of In
surance Writ
ten During
the Year
840571 00
237008 00
990680 00
506 778 00
Old Business
of Previous
Years now in
Force
1610340 00
1698684 00
2361418 50
1967090 00
3716635 00
South Carolina
New Jersey
392690 00
1557000 00
1292 998 00
2877483 00
14900 00
35633 00
8493962 00
9317709 00
1310000 00
811891 00
1487038 00
803742 56
86740 00
Total Premi
ums Col
lected on
Old and
New Busins
Losses
Paid
12683 12
5890 89
18383 38
40720 68
26717 34
24124 05
219992 76
52694 11
35318 16
62756 15
9144 77
21427 23
19851 93
50788 55
412 50
597 30
114074 57
160657 89
23270 98
11471 94
29883 43
454 86
2083 47
9188 50
25683 58
14894 67
22392 75
158931 08
25115 32
29510 55
40379 26
17002 21
1702 26
3962 26
26310 10
21861 91
25545 67
97 50
51392 19
84565 91
28130 47
1154 49
20594 90
9054 02
Losses
Unpaid
5 75
1505 42
35 00
3750 12
3015 50
5907 78
1880 00
2212 70
Fees from
Jan 1
1909 to
Jan 1
1910
2550 00
2000 00
1552 44
205 00
13311 17
17752 91
880 05
759 50
1685 00
750 00

12 40
34 40
106 40
176 00
21 00
87 20
94 40
506 00
147 20
142 40
272 00
60 00
128 00
118 40
120 80
286 40
46 40
63 20
204 80
380 00
68 00
72 80
166 40
32 00
197 40
44 00
Tax on
Premi
126 83
58 90
183 83
407 20
267 17
241 24
2199 93
526 94
353 18
627 56
91 45
214 27
198 52
507 88
4 13
5 97
1140 75
1606 58
232 71
114 71
298 83
170 02
17 02Fidelity
Fire Assn
Firemans Fund
Firemans Ins Co
Florida Home
Georgia Home
Georgia
Girard
German Alliance
German American
Germania
Glens Falls
Globe Rutgers
Hamburg Bremen
Hanover
Hartford
Home
Ins Co of N A
Ins Co of State of Pa
Jefferson
Liv Lon and Globe
Liv Lon and Globe
London Assurance
London and Lancashire
Lumber
Lumber Underwriters
Lumber Mutual
Michigan Commercial
Mercantile Mutual
Milwaukee Mechanics
National
National Union
Niagara
New Brusnwick
New Hampshire
New York
Pennsylvania
California
New Jersey
Florida
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
New York
New York
Massachusetts
Michigan
Rhode Island
Wisconsin
Connecticut
Pennsylvania
New York
New Jersey
New Hampshire
1640710 001 27860 20
5941 136 00 82453 14
7 736 189 00 110584 62
1954673 001
1 031898 55j
5218814 00
2659841 00
1196557 00
1503860 00
7 828 750 00
3 433 454 00
2880539 00
2017309 00
1467 494 00
3472305 84
20442857 00
20 608 816 00
24510516 00
784266 00
1143497 00
17196356 00j
1182463 00
1307 649 00
4 891357 00J
170387 00
1006581 00
1471467 00
1159153 00
5248249 00
27688 35i
14240 07
74046 71
53316 26
20059 29
27 582 06
120928 64
55365 05
44574 90
33024 26
26035 771
30991 721
286299 25
212997 71
190004 85
10077 64
26644 07
250879 60
19678 32
18635 93
53379 37
206857 OOP 4812 22
26506 43
59299 41
63163 12
14897 32
5927 89
39949 91
23288 94
24205 53
13845 20
94286 57
30183 53
36937 05
10542 51
12718 08
43192 54
187158 88
146620 09
135671 90
2977 71
21459 49
189 659 27
19648 79
23346 24
43095 19
1719 96
524 38
2161 38
5306 58
54 69
1851 06
11816 37
1403 48
500 00
2060 00
9263 00
6649 54
4944 45
3858 00
100 00
4911 58
26003 97
14288 20
9320 49
375 00
563 00
30536 63
1559 00
3527 00
5871 00
3015944 00
699410 00
2274420 00
6330 74
15160 13
9964 26
18286 05
54977 66
30825 75
28394 44
13360 84
33523 19
1505 87
8185 30
149 59
11140 85
62026 97
14527 68
19128 40
4432 14
38596 91
4302 74
500 00
1621 87
141 00
4977 04
563 00
3596 16
154 40
207 20
413 60
46 40
149 60
315 20
603 20
111 20
188 00
485 60
180 80
188 00
63 20
101 60
142 20
910 40
372 84
639 20
92 00
274 40
756 80
48 80
130 40
190 40
34 00
34 40
34 40
120 80
32 00
164 00
136 60
236 00
93 20
120 80
183 20
278 60
824 53
1105 84
276 88
142 40
740 46
533 16
200 59
275 82
1209 28
553 65
445 74
330 24
260 36
309 92
2862 99
2129 98
1900 04
100 77
266 44
2508 79
196 78
186 36
533 79
48 12
63 21
151 60
99 64
182 86
549 78
308 25
283 94
133 60
335 23
D TABLE No 1
Showmg Business done by Fire Insurance Companies in the State of Georgia for the Year Ending April 30th 1909
NAME OF COMPANY
Aachen Munich Fire
Adirondack
Alliance
American Central
American Druggists
American
Agricultural
Aetna
Athens Mutual
Atlas Assurance
Atlanta Home
Atlantic National
Blue Ridge
British America
Caledonian
Citizens
Columbia
Columbia
Commercial Union
Continental
Connecticut
Delaware
Dixie
Druggists Indemnity
Equitable
Federal
STATE
Germany
New York
Pennsylvania
Missouri
Ohio
New Jersey
New York
Connecticut
Georgia
England
Georgia
Georgia
Florida
Canada
Scotland
Missouri
New Jersey
Georgia
England
New York
Connecticut
Philadelphia
North Carolina
South Carolina
New Jersey
Amount of In
surance Writ
ten During
the Year
840571
237008
990680
2506778
1610340
1698684
2361418
1967090
3716635
Old Business
of Previous
Years now in
Force
392690
1557000
1292 998
2877483
14900
35633
8493962
9317709
1310000
811891
1487038
00
00
00
00
00
00
00
00
00
00
00
803742 56
86740 00
Total Premi
ums Col
lected on
Old and
New Busins
12683 12
5890 89
18383 38
40720 68
26717 34
24124 05
219992 76
52694 11
35318 16
62756 15
Losses
Paid
454 86
2083 47
9188 50
25683 58
Losses
Unpaid
5 75
1505 42
Fees from
Jan 1
1909 to
Jan 1
1910
9144 77
21427 23
19851 93
50788 55
412 50
597 30
114074 57
160657 89
23270 98
11471 94
29883 43
14894 67
22392 75
158931 08
25115 32
29510 55
40379 26
17002 21
1702 26
3962 26
26310 10
21861 91
25545 67
97 50
51392 19
84565 91
28130 47
1154 49
20594 90
35 00
3750 12
3015 50
5907 78
1880 00
2212 70
2550 00
2000 00
1552 44
205 00
9054 02
13311 17
17752 91
880 05
759 50
1685 00
750 00
12 40
34 40
106 40
176 00
21 00
87 20
94 40
506 00
147 20
142 40
272 00
60 00
128 00
118 40
120 80
286 40
46 40
63 20
204 80
380 00
68 00
72 80
166 40
32 00
197 40
44 00
Tax on
Premi
126 83
58 90
183 83
407 20
267 17
241 24
2199 93
526 94
353 18
627 56
9145
214 27
198 52
507 88
4
5
1140
1606 58
232 71
114 71
298 83
13
97
75
170 02
17 02Sun
U S Lloyds
Virginia State
Western Assurance
Westchester1
Williamsburgh City
Total
Louisiana
New York
Virginia
Canada
New York
New York
2878095 12
5730219 00
1 700958 00
3575252 00
3749427 00
2158843 00
343282602 73
54575 63
22369 13
32896 53
34407 41
43035 37
35093 16
4763438 20
55264 07
4956 28
38620 30
26296 41
20780 89
18131 59
3165058 46
1 877 00
704 50
1974 69
794 25
295 86
188 00
44 00
262 40
132 80
214 40
152 00
545 75
223 69
328 96
344 07
430 35
350 93
299625 54
17252 4447632 92Table No 2
Showing Business done by the Old Line Life Insurance
Companies in the State of Georgia for the
Year ending April 30th 1909TABLE No 2
Showing Business done by Old Line Life Insurance Companies in the State of Georgia for the Year ending April 30th 1909
NAME OF COMPANY
American Accident and
American National
Aetna
American National
it izens
Columbian National
Connecticut Mutual
Des Moines
Empire
Equitable
fidelity Mutual
Franklin
Georgiai
Great American
Great Western
Greensboro
Germania
Guarantee
Home
Illinois
International
Jefferson Standard
Life Ins Co of Va
Manhattan
Maryland
Massachusetts Mutual
Masonic Protective Assn
Meridian
Life
STATE
Missouri
Virginia
Connecticut
Texas
Kentucky
Massachusetts
Connecticut
Iowa
Georgia
New York
Pennsylvania
Illinois
Georgia
Missouri
Missouri
North Carolina
New York
Texas
New York
Illinois
Missouri
North Carolina
Virginia
New York
Maryland
Massachusetts
Massachusetts
Indiana
Amount of In
surance Writ
ten During
the Year
Old Business
of Previous
Years now in
Force
299 000 00
104 374 00
700 500 00
604 500 00
331 390 00
123 000 00
162 500 00
900 235 00
874 750 00
721 367 00
683 000 00
167 920 00
129 190 00
299 250 00
149 500 00
18 666 66
622 000 00
119 500 00
633 321 00
287 500 00
95 333 00
777 900 00
387 ooo 66
163
5622
163
946
415
13
58
6 983
12762
2494
2072
000 00
677 00
500 00
500 00
250 00
885 96
192 00
200 00
316 00
982 00
235 93
Total Premi
ums Col
lected on
Old and
New Busins
112570 00
122500 00
775372 00
1195214 00
1298478 00
37i5oo 66
1688163 00
2542286 00
510617 00
7292622 00
1002114 00
519 28
18929 69
188138 17
70843 22
51245 97
25350 83
49966 56
5411 40
319812 39
465716 17
104885 04
85169 35
2804 82
12818 87
16152 71
32131 88
44293 29
49051 78
4871 28
103821 30
85234 26
19185 92
281511 04
Losses
Paid
90 99
8200 00
52457 80
1000 00
12000 00
633 91
40718 00
Losses
Unpaid
44800 04
214751 35
48562 00
15533 89
1000 00
708662
5000 00
5900 00
18306 95
35246 00
5398 00
183445 00
35084 40
Fees from
Jan 1
1909 to
Jan 1
1910
472 00
3929 37
3592 00
2000 00
500 00
4000 00
55672 351 1000 00
51 20
32 00
120 80
130 40
53 60
56 00
32 00
41 60
274 40
80 00
48 80
39 20
37 20
56 00
41 60
56 00
53 60
4 80
36 80
65 60
77 60
108 80
152 00
46 40
41 60
53 60
34 40
58 401
Tax on
Premi
ums
5 19
189 29
1881 38
708 43
512 45
253 51
499 67
54 11
3198 12
4657 16
1 048 85
851 69
28 05
128 19
161 53
321 32
442 93
490 51
4871
1038 31
852 34
191 86
2815 11
556 723

Metropolitan
Michigan Mutual
Missouri State
Mutual Benefit
Mutual
National
National
New England Mutual
New York
Northwestern Mutual
Northwestern National
Pacific Mutual
Philadelphia
Penn Mutual
Phoenix Mutual
Prudential
Reliance
Reserve Loan
Ridgely Protective Assn
Rome Industrial
Security
Security Mutual
Security Life Annuity
State Mutual
State
State Mutual
Southern States
Southern States Mutual
Travelers
United States Annuity and
Union Central
Union Mutual
Volunteer State
Total
New York
Michigan 1
Missouri
New Jersey
New York
Illinois
Vermont
Massachusetts
New York
Wisconsin
Minnesota
California
Pennsylvania
Pennsylvania
Connecticut
NewJersey
Pennsylvania
Indiana
Massachusetts
Georgia
Illinois
New York
North Carolina
Georgia
Indiana
Massachusetts
Alabama
West Virginia
Connecticut
Illinois
Ohio
Maine
Tennessee
7061
581
230
1219
2211
279
1459
521
1735
1753
93
252
176
2941
257
1825
430
109
1875
51
110
457
1855
916
186
2462
134
348
1671
13
664
807 00
776 65
750 00
000 00
574 00
000 00
641
974 00
029 00
000 00
500 00
251 00
000 00
950 00
500 00
740 00
488 00
893 00
341 50
500 00
788 00
500 00
311 00
021 00
894 00
072 00
500 00
811 00
365 00
132 05
840 00
16196
1208
376
10810
22362
1099
3202
2306
21368
17143
17
1185
6
22766
1623
9364
842
302
633 00
035 75
980 00
073 00
408 00
259 20
857 00
689 00
318 00
433 00
854 00
730 00
000 00
059 70
000 00
188 00
185 00
867 00
258
27
2 093
373
11121
1384
1 141
4117
34
4547
193 50
500 00
871
000 00
694 00
790 00
109 00
699 00
500 00
804 00
8024 384 00
360437 40
665
51
21
390
860
44
115
102
729
458
3
50
4
821
67
356
56
14
10
39
2
71
40
402
155
42
216
4
178
317
12
37
188 74
879 35
608 98
393 74
169 71
966 77
448 49
136 95
156 57
077 64
157 58
965 25
370 55
229 16
406 22
622 04
861 07
040 45
179 00
378 19
034 16
941 13
970 98
377 20
544 22
385 40
990 58
843 40
698 76
75785
477 09
061 74
163116 25
45861 55
591 55
117846 99
591754 49
3000 00
76000 00
17000 00
309631 89
280124 47
8620 00
367960 68
31681 00
154457 35
11000 00
4500 00
6793 46
13 370 96
40553 04
16500 00
55660 00
28023 60
5397 41
45905 00
3000 00
83835 00
98982 20
1 000 00
18408 00
4052 00
17015 00
25346 60
1798 67
1333 00
8840 00
6285 06
6500 00
7000 00
1360 00
50081979 20268268126 448439856 533302705 44 129108 10 5102 2084398 60
488 00 6 651 89
53 BC 518 79
41 60 216 09
204 40 3 903 94
51 20 8 601 70
39 20 449 67
116 00 1 154 49
32 00 1 021 37
264 80 7 291 56
185 60 4 580 77
72 80 31 57
55 80 509 66
39 20 43 70
195 20 8 212 29
36 80 674 06
176 00 3 566 22
32 00 568 61
41 60 140 40
34 40 101 79
118 40 393 78
58 40 20 35
48 80 719 41
44 00 409 70
156 80 4 023 77
46 40 1 555 44
46 40 423 85
70 40 2 169 91
36 80 48 43
209 i 1 786 99
34 40
72 80 3 177 58
41 60 124 77
72 80 370 62
S 1 19 n S 1 HQS fifl
Table No 3
Showing Business done by Assessment Life Fire and
Accident Insurance Companies for the
Year ending April 30th 1909TABLE No 3
Showing Business done by Assessment Life Fire and Accident Insurance Companies for the Year ending April 30th 1909
NAME OF COMPANY
American Assurance
American Ins CoLicense
revoked
American Ins Co
Atlanta Mutual AssnLife
Bankers Health Life
Carroll MutualFire
Cherokee
Continental AidLife
Farmers MutualFire
Farmers Cooperative
Farmers Mutual
Farmers Protective
Fire Ins Co
Ga Mutual IndustrialLife
Ga StateFire
German Mutual1
Sinners Mutual
Globe
Great American Coopera
Gordon Co Mutual
Guaranty Aid Relief SocLife
Home Friendly Society
Industrial Life Health
Live Stock Owners Prot
Mutual Benefit
STATE
Atlanta Ga
Atlanta Ga
Savannah Ga
Atlanta Ga
Macon Ga
CarroIlton Ga
Rome Ga
Atlanta Ga
Dawson Ga
Jackson Ga
Calhoun Ga
Lithonia Ga
Dallas Ga
Augusta Ga
Dawson Ga
Savannah Ga
Athens Ga
Atlanta Ga
Macon Ga
Gordon Co Ga
Savannah Ga
Baltimore Md
Atlanta Ga
Buchannan Ga
Valdosta Ga
Amount of In
surance Writ
ten During
the Year
77620 80
184375 00
179285 00
770902 00
58125 00
530205 00
40000 00
325604 00
373100 00
199638 00
79615 00
234260 00
443065 00
19650 00
132730 00
59180 00
425760 00
768974 00
82875000
Old Business
of Previous
Years now in
Force
Total Premi
ums Col
lected on
Old and
New Busins
51747 20
341564 00
256767 00
34571 00
8104 75
14427 20
3985 30
51648 90
78129 55
1042 07
43359 45
200 00
1 628 02
3969 22
968 70
398 07
10621 17
Losses
Paid
3983 40
1 907 77
31377 so
25317 40
125 00
14766 62
2869 00
7047 00
1 575 55
1008 32
230 00
3250 50
21 034 76 7993 29
1210 60 360 00
2929 20 113 17
14908 15
34767 40
315046 30
646 97
22394 99
5969 54
21317 50
127384 95
496 98
15265 50
Losses
Unpaid
75 00
783 00
800 00
300 00
62 00
668 03
2125 00
Fees from
Jan 1
1909 to
Jan 1
1910
32 00
36 80
26 20
84 80
154 40
41 60
39 20
32 00
32 00
32 00
44 00
46 40
36 80
60 80
8 80
32 00
53 60
34 40
39 20
34 40
39 20
77 00
123 20
39 20
36 80
Tax on
Premi
ums
144 27
39 85
516 49
781 29
10 11
433 60
38 52
16 28
39 68
9 68
os
100 21

210 34
12 11
29 2
149 08
347 67
150 46
6 46
23 95Mutual Life Industrial
Mutual Benefit Industrial
New South Mutual
Pilgrims Health and
Provident Life Accident
Sterling Mutual
South Ga Farmers Fire
Southeastern Mutual
Southern LifeLife
Southern CooperativeFire
Southern Mutual Life
SunlightFire
State Mutual
Union Mutual Life
UnionFire
Union Benefit Assn Life
WesternFire
Total
AthensGa
SavannahGa
AtlantaGa
AugustaGa
Chat tanoogaTenn
MadisonGa
Thomasville Ga
MaconGa
DawsonGa
GriffinGa
AtlantaGa
Atlanta Ga
GainesvilleGa
Atlanta Ga
Atlanta Ga
Savannah Ga
CarrolltonGa
278720 00
366 00
180 405 00
204 00
14000 00
498737 00
1 508000 00
45907 00
247 078 00
26325 00
46520 00
300 500 00
8937400 80

329 222 00 770 00
770 00

1977 000 00
283 498 00

472 728 00

34 000 00
3790737 95
11545 00
21 805 38
2355 00
33980 95
1 950 95
2216 28
70 00
8858 6
3570 85
21565 95
10190 15
81830 65
1541 77
3912 16
3859 00
916536 78
5806 00
13 504 50
702 03
2623 00
1 176 00
4070 81
26 000 00
13953 00
732 60
42305 00
1 867 80
71000
385 864 03
5000 00
650 00
49 00
44 00
32 00
36 80
94 40
39 20
39 20
36 80
60 80
72 00
34 40
36 80
34 40
118 40
39 20
32 00
36 SO
9912 03 1959 00 9214 00
154 53
218 65
23 55
339 80
19 50
22 62
12 46
88 58
35 71
215
101
66
90
818 30
15 11
39 12
38 59
kraBBBBTable No 4
Showing Business done by Accident Marine and Surety
Companies in the State of Georgia for the
Year ending April 30th 1909a D TABLE No 4
Showing Business done by Accident Marine and Surety Companies in the State of Georgia for the year ending April 30th 1909
NAME OF COMPANY
Aetna Accident
Aetna IndemnityCo
Aetna Acci Liability
American Casualty
American Surety
American Bonding
American Credit Indem
American fidelity
American Live Stock
Continental Casualty
Empire State Surety
Employers Indemnity
Employers Liability
Fidelity and Casualty
Fidelity Deposit
Federal Casualty
Frankfort Marine
General Accident
Great Eastern Casualty
Guarantee Co of N A
Hartford Steam Boiler
Illinois Surety
Ind Ohio Live Stock
Lloyds Plate Glass
Loyal Protective
London Guar Acci
STATE
Connecticut
Connecticut
Connecticut
Pennsylvania
New York
Maryland
New York
Vermont
Indiana
Indiana
New York
Pennsylvania
England
New York
Maryland
Michigan
Germany
Scotland
New York
Canada
Connecticut
Illinois
Indiana
New York
Massachusetts
England
Amount of In
surance Writ
ten During
the Year
6814800 00
2764389 00
2921 16
8657854 00
16000 00
338070 00
613518 00
1 249 61
2164250 00
20614582 00
10386345 00
Old Business
of Previous
Years now in
Force
Total Premi
ums Col
lected on
Old and
New Busins
1066500 00
249000 00
1912928 00
10364 50
64108 00
2320600 00
47712 07
9648 68
374 46
2391 72
19238 77
18192 62
11543 75
18772 24
5399 74
1544 27
18191 25
9996 52
35495 50
9 273 64
6948 66
50257 78
5953 90
782 85
13377 65
625 37
1545 19
16935 47
Losses
Paid
13838 41
4308 99
15 00
316 20
11737 28
1034 75
5328 10
7341 13
2628 15
341 96
13194 93
52170 51
17409 84
3616 87
1 740 38
38306 711
2319 97
3444 731
185 28
387 63
669118
Losses
Unpaid
Fees from
Jan 1
1909 to
Jan 1
1910
9303 10
100 00
1 990 28
7722 84
900 801
5940 00
3154925
320 00
I 760 00
255
135 00
6642 80
33 60
48 80
51 20
173 60
77 60
44 00
24 40
36 80
149 20
80 00
43 40
75 20
156 80
68 00
32 00
48 80
99 20
56 00
34 40
128 00
14 40
80 00
58 40
22 00
56 00
Tax on
Premi
ums
477 12
96 49
3 74
47 83
192 39
181 93
1 15 44
187 72
53 99
15 44
181 91
909 63
354 95
92 74
69 49
502 57
59 54
7 83
133 77
6 25
15 45
16935Maryland Casualty
Massachusetts Bonding
Masonic Protective Assn
Metropolitan Casualty
National Surety
National Life Acci
National Casualty
New York Plate Glass
North American Accident
Ocean Accident
Pacific Mutual
Pennsylvania Casualty
Philadelphia Casualty
referred Accident
Royal Casualty
Standard Accident
Thames Mersey Marine
Title Guaranty Surety
Travelers Indemnity
Travelers
Union Health Accident
U S Casualty
U S Fidelity Guaranty
U S Health Accident
United Surety
Woodmens Casualty
Total
Maryland
Massachusetts
Massachusetts
New York
New York
Tennessee
Michigan
New York
Illinois
England
California
Pennsylvania
Pennsylvania
New York
Missouri
Michigan
England
Pennsylvania
Connecticut
Connecticut
Colorado
New York
Maryland
Michigan
Maryland
Indiana
555566 00
260795 00
131446 00
71 982 00
521 200 00
800750 00
251 000 00
561 880 00
483500 00
241 473 00
534930 80
33800 00
500000 00
021 900 00
895497 00
106869199 07
91791 18
3777 52
13826 04
15112 38
3 264 25
5889 45
1814
14885 84
44724 01
18554 88
18674 31
9280 76
8509 00
12805 85
3287 47
3944 90
894 87
110330 95
142 75
43557 75
43222 97
18679 19
8536 08
44418 35
1880 38
4527 81
1081 71
2079 45
1405 93
8304 54
38547 75
4967 72
10970 65
1 379 32
6993 50
5 197 33
7 650 00
39 28
45 029 82
16 800 36
427 56
8 336 95

18585 94
198 42
17435 36
48 00
596 82
16353 00
7000 00
496 99
5148 91
417 00
4900 00
1 954 97
734 17
676 30 396396 41 142333 65 3490 20 8884 14
94 40
80 00
84 80
141 60
41 60
39 20
51 20
231 20
80 80
48 80
46 40
44 00
36 80
147 20
34 40
94 80
41 60
34 40
116 00
156 80
89 60
62 80
917 91
37 78
138 26
151 12
32 64
58 89
18 14
148 85
447 24
185 54
186 74
92 SI
85 09
128 01
32 97
39 44
8 or
103 31
1 45
435 58
422 33
186 79
58 58
1
Table No 5
Showing the Condition of Fraternal Orders doing Busi
ness in the State of Georgia for the Year
ending April 30th 1909TABLE No 5
Showing the Condition of Fraternal Orders doing business in the State of Georgia for the year ending April 30th 1909
NAME OF COMPANY
American Mutual Benefit Assn
Atlanta Burial Assn
American Woodman
Catholic Knights of America
Citizens Mutual Benefit Society
Equitable Relief Assn
Eminent Household of Columbian
Woodman
Farmers Mutual Life Protective Assn
farmers Life Confederation
Farmers Beneficiary Assn
Foresters
Forest Woodmens Circle
Fraternal Union of America
Fraternal Life Accident Assn
Fraternal Bankers of America
Fraternal Life Assn
Fraternal Mystic Circle
Homes Friend
Homesteaders
Heralds of Liberty
Independent Order of Heptasophs
Independent Order of Woodmen
Knights of Agriculture
Knights Columbus
Knights of Honor
Knights of Modern Maccabees
Knights of Pythias
STATE
CartersvilleGa
AtlantaGa
DenverCol
St LouisMo
AtlantaGa
Waycrossi Ga
AtlantaGa
AtlantaGa
At lantaGa
ComerGa
Toronto Canada
Omaha Neb
Denver Col
RichmondVa
Decatur 111
AtlantaGa
PhiladelphiaPa
AthensGa
lies Moines Iowa
HuntsvilleAla
Baltimore Md
Covington Ga
WashingtonD C
New HavenConn
St LouisMo
Port Huron Mich
Chicago 111
ASSETS
616 59
7 446 32
913 528 36
39 00
145984 13
5511 85
441 25
84 50
12986210 71
1001612 05
295547 05
16405 40
2396 60
1735 30
415162 63
1 000 00
34090 85
44552 95
968640 28
1 055 77
2564323 20
346930 25
522 807 75
2559298 75
LIABILITIES


5 887 718 979 37 77

1 678 10


927 49 46 286 533 514 90 28 53
2 102 00
181 847 50
9 349 76
250 108 34

83250 00
672035 96
723 261 47
889 809 62
INCOME
833 61
10 715 169 282 200 47 82 00
I
227
26
5
618
637
405
33
31
38
720
4
126
76
488
362 73
677 56
114 00
489 00
870 32
847 98
425 43
503 40
250 04
926 82
343 86
654 00
107 90
126 17
159 47
4335 29
1035 242 72
1853 636 89
1 532 594 73
2650443 03
EXPENDI
TURES
900 18
5587 01
648431 91
200 00
168148 39
26970 39
4672 75
404 50
3228385 24
372815 87
391664 99
27586 87
20853 44
38262 16
695481 88
4612 75
123914 61
60 808 92
1 45180728
3037 17
623 468 72
1 848 020 77
1 481 456 58
2236904 82
FEES
10 00Ladies of the Maccabees
Legion of the Red Cross
Masons Annuity
Masonic Benefit Assn
Modern Brotherhood of America
Masonic Mutual Life
Modern Workmen of the World
Mutual Life FraternaL
National Benevolent Society
National Fraternal League
National Life and Annuity Assn
National Protective League
National Union Fraternal Life
National Union
North American Union
Odd Fellows Annuity
Peoples Mutual Benefit
Royal Arcanum
Royal Benefit Society
Southern Benevolent Life
Southern Mutual Fraternal
Sailors
Southern Protective Assn
Tribe of Ben Hur
United Commercial Travelers
Union Circle
Union Fraternal Assn
Union Mutual Assn
Woodmen Circle
Total
Port HuronMich
BaltimoreMd
AtlantaGa
AtlantaGa
Mason CityIowa
WashingtonD C
WashingtonD C
AthensGa
Kansas CityMo
BradfordPa
AtlantaGa
WaverlyN Y
AtlantaGa
ToledoOhio
Chicago111
La GrangeGa
SummervilleGa
BostonMass
WashingtonD C
HawkinsvilleGa
AtlantaGa
NashvilleTenn
AtlantaGa
Crawford villeInd
ColumbusOhio
OmahaNeb
AberdeenMiss
AtlantaGa
OmahaNeb
3673465 56
33299 88
2500 00
811925 40
32948 19
5004 74
32886 07
2341 10
15346 64
2650234 01
8758 05
6524874 43
25996 75
3783 86
1296803 13
826273295
46218302 30
151 8 362 422 86 08

117 632 50
2 786 038 80 00
25 00
22 605 88




724 6 895 218 04 46

1 119 00
83 737 43



694 344 81
6543 663 46
1 68791984 56077 26 125258 99
1 136038 26
4 28800 90 16231 85 71167 08 14312 30 18691 08 014128 36



8 3732 25 784674 72 161372 81 500 00
6762 36
1 325206 94



6 655390 24
40 347 862 48
1 044291 98 40783 20 70498 56
998951 08
3 21 391 29 13810 38 70028 88 13347 25 18230 13 713321 30



7 3699 40 900405 13 158445 19 60 41
8994 33
1 157253 38



4 918926 55
33 817740 64
10 00Table No 6
Comparative Table Showing Business done by Insurance
Companies in the State of Georgia for the
Years 1900 to 1909 inclusiveTABLE No 6
Comparative Table Showing Business done by Insurance Companies in the State of Georgia for the years 1900 to 1909 inclusive
1900
L900
1900
1900
1901
1901
1901
1901
1903
1902
1902
1902
1902
1902
1902
1902
1903
1903
1903
1903
1903
1904
1904
1904
1904
Fire
Life
Cooperative
Accident Surely and Marine
Fire Companies
Old Line Life Companies
Assessment Life Companies
Accident Plate Glass Marine and Sure
ty Companies
Fraternal Orders
Fire
Amount
Insurance in
Force
Old Line Life
Assessment Life
Accident Plate Class Marine and Sure
ty Companies
Fraternal Orders
Agents Tax receipted for as fees by mis
take
Overpayment of fees
Fire
Life
Cooperative
Accident Surety and Marine
Fraternal Orders
Fire
Life
Cooperative
Accident Surety and Marine
1179561495 07
9222501 31
7 847 605 00
76015608 11
231234339 40
132651 379 80
4659699 50
106758011 37
Premiums
Losses
2419054 02
3989954 41
276811 01
260701 94
2799184 25
4 096 642 96
231899 72
329627 19
234719433 69 3002653 49
140409404 72 4799931 23
4848391 00 275400 53
101 564 929 45
382 844 05
225048844 32 3241995 28
142072751 34 5298816 17
5903650 15 303421 89
99 933 279 56 395 082 45
280530212 26
171133881 24
9158245 97
100855541 66
3535767 42
5980233 56
389008 97
508813 32
1575983 77
1488443 73
100074 48
122829 96
1 543133 20
1524301 42
51 478 98
150316 41
No
Agents
1 379 395 44
1843778 09
54375 95
203605 77
1 431 332 91
1758747 09
68363 02
201170 42
1336233 95
2302996 62
99118 97
243934 79
2694
580
152
195
2816
739
127
200
2 515
744
99
244
2 890
739
163
312
3306
957
154
350
Fees
8514 40
2512 00
780 80
1 396 80
8839 20
2989 60
848 80
1312 00
220 00
7 860 80
3065 60
653 60
1513 60
300 00
30 00
80
8 728 00
3117 60
1 095 20
1 740 80
430 00
9919 60
3640 80
1 233 60
1 704 00
Taxes
24 190 38
36 385 58
2 768 10
2 607 00
27 991 69
40 966 36
2 334 58
296 25
Total
32704 78
38 897 58
3 548 90
1 003 86
30S30 89
43 955 96
3183 38
4 008 25
30007 81
48057 48
2754 00
3828 40
32817 29
53045 59
3 034 20
4453 24
35357 67
59802 33
4046 12
5088 13
39 692 61
51 123 08
3407 60
5342 00
41 543 29
50103 19
4129 40
5458 57
45287 20
03443 13
5279 72
0792 131904
1905
1905
1905
1905
1905
1906
1906
1906
1906
1906
1907
1907
1907
1907
1907
1908
1908
1908
1908
19081
Fraternal Orders
Less Overpayment
Fire
Life
274885240 75
197919425 16
Cooperative l 601 243 0
Accident Surety and Marine 99 30 t76 34
Fraternal Orders swjmu7 34
Fire
Life
3855589 11
6618772 04
267563 37
577 022 62
Cooperative
Accident Surety and Marine
Fraternal Orders
Fire
LifeII
Cooperative
Accident Surety and MarineIIIIIII
Prat ernal Orders
fjfe 33445958005
plfer1 238 257 061 62
tooperative I 9 281409 70
Accident Surety and Marine 94 454 929 27
Fraternal Orders
4281305 95
i 337 848 96
684149 72
666665 49
4477407 90
7908817 60
797547 52
745360 59
4651734 69
8168084 90
778160 07
811 598 50
2560991 25
3 443 227 43
203285 85
248449 44
1 659543 25
2665295 69
262025 46
253657 89
2378900 48
2823055 00
32094 57
276193 55
2059941 52
2966297 96
342838 14
351 558 73
36371
1047
202
397
410 00
60
10746 40
4112 80
1 892 80
1 912 SO
410 00
12595 40
4235 20
2995 20
1 936 60
700 00
14408 20
4220 34
2824 80
2613 60
15525 65
4290 20
1781 01
2922 55
500 00


39125 73 49 872 13
66605 96 70 718 76
4955 58 6 848 38
5779 25 7 692 05
41 991 73537 9960 6036 47 22 93 78




45 473 82 59 882 02
79115 51 83 335 85
7783 74 10 108 54
8122 18 10 735 78
460 46517 00 16
62 042 81
81 820 74 86 110 94
7697 62 9 478 63
8021 37 10 943 92
1909 Fire
1909
1909
1909
LifeHH
Assessment Life Accident and Fire
Accident Casualty and Surety
Insurance in
Force
343282602 73
318350105 64
12728138 75
106869199 07
Premiums
Losses Paid Losses Unpaid
4763438 20 3165058 46
8439856 53 3302 705 44
916536 78 385864 03
889 676 30 I 396 396 41
299 625 54
129108 10
9912 03
142333 65
Fees
17252 44
5102 20
1 959 00
349020
Tax
47 632 92
84398 60
9214 00
8 884 14INDEX
A
AACHEN MUNICH FIRE INSURANCE COMPANY AIX LA CIIAI
ELLE GERMANY
Statement of 25
ADIRONDACK FIRE INSURANCE COMPANY OF NEW YORK
Statement of 28
ETNA INDEMNITY COMPANY OF CONNECTICUT
Statement of 624
2ETNA LIFE INSURANCE COMPANY OF CONNECTICUT
Statement of 294
ETNA ACCIDENT AND LIABILITY LIFE INSURANCE COMPANY
CONNECTICUT
Statement of 628
yETNA INSURANCE CO CONNECTITUT
Statement of 31
AGRICULTURAL FIRE INSURANCE CO OF WATERTOWN N Y
Statement of 35
AMERICAN ASSURANCE ASSOCIATION OF ATLANTA GA
Statement of 505
ALLIANCE INSURANCE COMPANY OF PENNSYLVANIA
st atement of 33
AMERICAN BONDING COMPANY OF BALTIMORE
Statement of 643
AMERICAN CASUALTY COMPANY READING PA
Statement of 035
AMERICAN CENTRAL INSURANCE COMPANY OF ST LOUIS MO
Statement of 41
AMERICAN LIVE STOCK INSURANCE OF INDIANA
Statement of 051
AMERICAN DRUOCISTS FIRE INSURANCE CO OF CINCINNATI
OHIO
Statement of 44828 ComptrollerGenerals Report
american credit indemnity company op new york
Statement of 64
AMERICAN FIDELITY COMPANY OP VERMONT
Statement of 53
AMERICAN EIRE INSURANCE COMPANY OP NEWARK N J
Statement of 4g
AMERICAN INSURANCE COMPANY OP SAVANNAH GA
Statement of I
AMERICAN NATIONAL INSURANCE CO OP TEXAS
Statement of 30
AMERICAN NATIONAL LIFE INSURANCE COMPANY OP LYNCH
BURG VA
Statement of 2lH
AMERICAN SURETY COMPANY OF NEW YORK
Statement of gog
ATHENS MUTUAL INSURANCE COMPANY OP ATHENS GA
Statement of
ATLANTA HOME FIRE tNSURANCE COMPANY OF ATLANTA GA
Statement of
ATLANTA MUTUAL INSURANCE ASSOCIATION OP ATLANTA GA
Statement of i
ATLANTIC NATIONAL KIRK NSURANCE CO OF MACON GA
Statement of
5 1
ATLAS ASSURANCE COMPANY LTD LONDON ENGLAND
Stalement of 1
B
HANKERS HEALTH AND LIFE INSURANCE CO OF MACON GA
Statement of ran
BLUE RIDGE FIRE NSURANCE COMPANY MARIANNA FLA
Statement of
58
BRITISH AMERICA ASSURANCE COMPANY OF TORONTO
Statement of
II
0
CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH
Statement of
04ComptrollerGenerals Report 829
carroll mutual fire insurance co carrollton ga
Statement of 571
CHEROKEE INSURANCE COMPANY ROME GA
Statement of 573
CITIZENS FIRE INSURANCE COMPANY OF MISSOURI
Statement of 06
CITIZENS LIFE INSURANCE COMPANY OF KENTUCKY
Statement of 304
COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GA
Statement of 71
COLUMBIA NATIONAL LIFE INSURANCE CO OF MASSACHUSETTS
Statement of 309
COLUMBIA INSURANCE COMPANY OF JERSEY CITY N J
Statement of 09
COMMERCIAL UNION ASSURANCE COMPANY LTD OF LONDON
Statement of 72
CONNECTICUT FIRE NSURANCE COMPANY OF HARTFORD
Statement of 70
CONNECTICUT MUTUAL EIEE INSURANCE COMPANY
Statement of 3U
CONTINENTAL AID ASSOCIATION OF ATLANTA GA
Statement of 573
CONTINENTAL CASUALTY COMPANY OE INDIANA
Statement of 65
CONTINENTAL EIRE NSHRANCE COMPANY OF NEW YORK
Statement of 79
D
DELAWARE NSURANCE COMPANY PHILADELPHIA PA
Statement of 83
DES MOINES LIFE I NSC RA NCE COMPANY OF IOWA
Statement of 319
DIXIE FIRE NSURANCE COMPANY OF GREENSBORO N C
Statement of 86830 ComptrollerGenerals Report
E
EMPIRE STATE SURETY COMPANY OF NEW YORK
Statement of ggg
EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GA
Statement of 323
EMPLOYEES INDEMNITY COMPANY OF PHILADELPHIA
Statement of ggn
EQUITABLE FIRE INSURANCE COMPANY OF CHARLESTON S C
Statement of g3
EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
Statement of 397
F
FARMERS COOPERATIVE FIRE INSURANCE CO OF GEORGIA
Statement of r7
o It
FARMERS MUTUAL FIRE INSURANCE COMPANY OF GEORGIA
Statement of 575
FARMERS MUTUAL INSURANCE ASSOCIATION OF GORDON CO
GA
Statement of rrc
j 1 o
FARMERS PROTECTIVE FIRE INSURANCE CO OF GEORGIA
Statement of g7g
FEDERAL INSURANCE COMPANY JERSEY CITYN 1
Statement of no
FEDERAL CASUALTY COMPANY OF MICHIGAN
Statement of
FIDELITY AND CASUALTY COMPANY OF NEW YORK
Statement oil 00
DO
FIDELITY AND DEPOSIT COMPANY OK MARYLAND
Statement of
675
FIDELITY KIRK NSUEANCE COMPANY OK NEW YORK
Statement of
ih
FIDELIA MUTUAL LIFE NSUEANCE co ok PHILADELPHIA
Statement of
FIRE association ok PHILADELPHIA PA
Statement of ComptrollerGenerals Report 831
fire insurance company dallas ga
Statement of 580
FIREMENS FIRE INSURANCE COMPANY OF NEWARK N J
Statement of 105
FIREMENS FUND INSURANCE COMPANY OF SAN FRANCISCO
CAL
Statement of 101
FLORIDA HOME FIRE INSURANCE COMPANY OF MARIANNA
FLA
Statement of IPS
FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL
Statement of 338
C
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION
LTD OF GREAT BRITAIN
Statement of 683
GEORGIA FIRE INSURANCE CO OF POLK COUNTY GA
Statement of 113
GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA
Statement of 111
GEORGIA LIFE INSURANCE COMPANY OF MACON GA
Statement of 342
GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE
CO OF AUGUSTA GA
Statement of 581
GEORGIA STATE FIRE ASSOCIATION OF DAWSON GA
Statement of 583
GERMAN ALLIANCE INSURANCE COMPANY OF NEW YORK
Statement of H9
GERMANAMERICAN THE INSURANCE COMPANY OF NEW YORK
CITY
Statement of 11
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK
Statement of 122
GERMANIA LIFE INSURANCE COMPANY OF NEW YORK
Statement of 354832 ComptrollerGenerals Eeport
GERMAN MUTUAL FIRE INSURANCE CO OF SAVANNAH GA
Statement of
84
GINNEES MUTUAL INSURANCE COMPANY ATHENS GA
Statement of
535
GIRARD FIRE INSURANCE COMPANY OF PHILADELPHIA PA
Statement of
1 25
GLENS FALLS INSURANCE COMPANY OF GLENS FALLS N Y
Statement of
GORDON COUNTY MUTUAL FIBE AND STORM ASSESSMENT IN
SURANCE CO OF CALHOUN GA
Statement of
GREENSBORO LIFE INSURANCE COMPANY OF GREENSBORO N C
Statement of
350
GLOBE COOPERATIVE FIRE ASSOCIATION OF ATLANTA GA
Statement of
588
GREAT AMERICAN LIFE N8UEANCE COMPANY ST LOUTS MO
Statement of
T
GREAT AMERICAN COOPERATIVE FIRE ASSOCIATION OF MACON
BIBB COUNTY GA
Statement of n
si
GREAT EASTEEN CASUALTY AND INDEMNITY COMPANY OF NEW
YORK
Statement of
iSS
GREAT WESTERN LIFE NSUBANCE COMPANY OF MISSOURI
Statement of
348
GUARANTY Alii AM RELIEF SOCIETY OF SAVANNAH GA
Statemeni of
589
GUARANTEE COMPANY OF NORTH AMERICA CANADA
Statement of
H
BANOVER FIRE NSURANCE COMPANY OP NEW YORK
Statement of
133
HARTFORD FIEE NSURANCE COMPANY OF HARTFORD CONN
Statement of
136
ComptrollerGenerals Eeport 833
HARTFORD STEAM BOILER INSPECTION AND INSURANCE COM
PANY 01 CONNECTICUT
Statement of 694
HOME FRIENDLY SOCIETY OF BALTIMORE MD
Statement of 591
HOME INSURANCE COMPANY OF NEW YORK
Statement of 139
HOME LIFE INSURANCE COMPANY OF NEW YORK
Statement of 359
I
ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO
Statement of 3gg
ILLINOIS SURETY COMPANY CHICAGO ILL
Statement of 097
INDIANA AND OHIO FIRE STOCK INSURANCE COMPANY OF
CRAWFORDVILLE IND
Statement of 700
INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF AT
LANTA GA
Statement of 593
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA
Statement of 142
INSURANCE COMPANY OP THE STATE OF PENNSYLVANIA
Statement of 140
INTERNATIONAL LIFE INSURANCE COMPANY OF ST LOUIS MO
Statement of 37O
J
JEFFERSON FIRE INSURANCE COMPANY OF PHILADELPHIA
Statement of 149
JEFFERSON STANDARD LIFE INSURANCE COMPANY OF NORTH
CAROLINA
Statement of 372
1
LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND
Statement of 376
54ins834
ComptrollerGenerals Report
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
Statement of 152
LIVERPOOL AND LONDON AND GLOBE INSURANCECOMPANY OF
NEW YORK
Statement of 150
LIVE STOCK OWNERS PROTECTIVE ASSOCIATION
Statement of 595
LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK
Statement of 703
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
Statement of 159
LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF LIV
ERPOOL ENGLAND
Statement of 1J2
LOYAL PROTECTIVE INSURANCE COMPANY OF MASSACHUSETTS
Statement of 70G
LUMBER MUTUAL LIFE INSURANCE COMPANY OF BOSTON
MASSACHUSETTS
Statement of 105
LUMBER UNDERWRITERS FIRE INSURANCE COMPANY OF NEW
YORK
Statement of igg
M
MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK
Statement of 381
MARYLAND CASUALTY COMPANY OF BALTIMORE
Statement of 712
MARYLAND LIFE INSURANCE COMPANY OF MARYLAND
Statement of 38g
MASSACHUSETTS BONDING AND INSURANCE COMPANY OF BOS
TON
Statement of 71
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF
SPRINGFIELD
Statement of 390ComptrollerGenerals Report 835
MASONIC PROTECTIVE ASSOCIATION OF WORCESTER MASS
Statement of 398
MERCANTILE EIRE INSURANCE COMPANY OF PROVIDENCE R I
Statement of 174
MERIDIAN LIFE AND TRUST COMPANY OF INDIANA
Statement of 399
METROPOLITAN CASUALTY INSURANCE COMPANY OF NEW
YORK
Statement of 721
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK
Statement of 403
MICHIGAN COMMERCIAL FIRE INSURANCE COMPANY OF LANS
ING MICHIGAN
Statement of 170
MICHIGAN MUTUAL LIFE INSURANCE COMPANY DETROIT
Statement of 411
MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF WIS
CONSIN
Statement of 176
MISSOURI STATE LIFE INSURANCE COMPANY OF ST LOUIS MO
Statement of 416
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF GEORGIA
Statement of 597
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF NEW JERSEY
Statement of 420
MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION
OF GEORGIA SAVANNAH GA
Statement of 595
MUTUAL LIFE INDUSTRIAL ASSOCIATION OF GEORGIA ATHENS
Statement of 599
MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Statement of 426
N
NATIONAL CASUALTY COMPANY OF MICHIGAN
Statement of 731
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
Statement of 179836 ComptrollerGenerals Report
national life and accident insurance company nash
ville tenn
Statement of 729
NATIONAL LIFE INSURANCE COMPANY MONTPELIEE VERMONT
Statement of 433
NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES
OF AMERICA OF CHICAGO ILL
Statement of 433
NATIONAL SURETY COMPANY OF NEW YORK
Statement of 736
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURG
PENNSYLVANIA
Statement of 182
NEW BRUNSWICK FIRE INSURANCE COMPANY OF NEW BRUNS
WICK N J
Statement of 185
NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF BOS
TON MASS
Statement of 443
NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESTER
Statement of 188
NEW SOUTH MUTUAL LIFE INSURANCE COMPANY OF ATLANTA
GEORGIA
Statement of 500
NEW YORK LIFE INSURANCE COMPANY OF NEW YORK
Statement of 449
NEW YORK PLATE GLASS INSURANCE COMPANY
Statement of 734
NIAGARA FIRE INSURANCE COMPANY OF NEW YORK
Statement of 191
NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF ILLI
NOIS
Statement of 737
NORTH RIVER INSURANCE COMPANY OF NEW YORK
Statement of 205
NORTH STATE FIRE INSURANCE COMPANY OF GREENSBORO
NORTH CAROLINA
Statement of 208ComptrollerGenerals Report 837
northwestern mutual life insurance company of
wisconsin milwaukee
Statement of 456
NORTHWESTERN NATIONAL LIFE INSURANCE COMPANY MINN
Statement of 462
O
OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED OF
LONDON ENGLAND
Statement of 741
ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
Statement of 211
P
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Statement of 466
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Statement of 746
PALATINE INSURANCE COMPANY LTD OF LONDON ENG
Statement of 214
PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA
Statement of 483
PENNSYLVANIA CASUALTY COMPANY SCRANTON
Statement of 749
PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILADELPHIA
Statement of 217
PEOPLES NATIONAL FIRE INSURANCE COMPANY OF PHILADEL
PHIA PENNSYLVANIA
Statement of 220
PHILADELPHIA LIFE INSURANCE COMPANY OF PENNSYLVANIA
Statement of
PHILADELPHIA CASUALTY COMPANY OF PENNSYLVANIA
Statement of 753
PHENIX INSURANCE COMPANY OF BROOKLYN N re
statement of 22
PHCENIX ASSURANCE COMPANY LTD OF LONDON
21
Statement of 838 ComptrollerGenerals Report
phoenix insurance company of hartford
Statement of 224
rHCENIX MUTUAL LIFE INSURANCE COMPANY OF CONNECTICUT
Statement of 489
PILGRIM HEALTH AND LIFE INSURANCE COMPANY OF AUGUSTA
GEORGIA
Statement of 602
PREFERED ACCIDENT INSURANCE COMPANY OF NEW YORK
Statement of 758
PROVIDENCE WASHINGTON INSURANCE COMPANY OF PROVI
DENCE R I
Statement of 230
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OF CHAT
TANOOGA TENN
Statement of 604
PRUDENTIAL INSURANCE COMPANY OF AMERICA
Statement of 476
Q
QUEEN FIRE INSURANCE COMPANY OF AMERICA
Statement of 233
E
BELIANCE LIFE INSURANCE COMPANY PITTSBURG PA
Statement of 494
RESERVE LOAN LIFE INSURANCE COMPANY OF INDIANAPOLIS
INDIANA
Statement of 4DS
RIDGLEY PROTECTIVE ASSOCIATION WORCESTER MASS
Statement of
ROCHESTER GERMAN FIRE INSURANCE COMPANY OF ROCHES
TER N Y
Statement of 4 236
ROYAL CASUALTY COMPANY OF ST LOUIS MO
Statement of jgg
ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON
Statement of 04ComptrollekGenebals Bepobt 839
s
SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OF EDIN
BURGH SCOTLAND
Statement of 245
SEABOARD FIRE AND MARINE INSURANCE COMPANY GALVES
TON TEXAS
Statement of 248
SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CON
NECTICUT
Statement of 251
SECURITY LIFE AND ANNUITY INSURANCE COMPANY GREENS
BORO N C
Statement of 509
SECURITY LIFE INSURANCE COMPANY OF AMERICA
Statement of 505
SECURITY MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Statement of 51iJ
SHAWNEE FIRE INSURANCE COMPANY OF TOPEKA KANSAS
Statement of 254
SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OF
THOMASVILLE GA
Statement of 6C8
SOUTHERN COOPERATIVE FIRE INSURANCE COMPANY OF GRIF
FIN GEORGIA
Statement of 614
SOUTHERN LIFE INSURANCE COMPANY OF DAWSON GA
Statement of ill
SOUTHERN FIRE INSURANCE COMPANY INC OF LYNCHBURG
VIRGINIA
Statement of 257
SOUTHERN LIVE STOCK INSURANCE COMPANY OF DALLAS GA
Statement of 617
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS
GEORGIA
Statement of 260840 ComptrollerGenerals Eepobt
southern mutual lite insurance association of atlanta
GEORGIA
Statement of 615
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF MACON
GEORGIA
Statement of 609
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF WEST
VIRGINIA
Statement of 536
SOUTHERN STATES LIFE INSURANCE COMPANY OF ALABAMA
Statement of 532
SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF
SPRINGFIELD MASS
Statement of 262
STANDARD ACCIDENT INSURANCE COMPANY OF MICHIGAN
Statement of 751
STATE LIFE INSURANCE COMPANY INDIANAPOLIS INDIANA
Statement of 522
STATE MUTUAL LIFE ASSURANCE COMPANY WORCESTER
MASSACHUSETTS
Statement of 527
STATE MUTUAL LIFE INSURANCE COMPANY OF ROME GEORGIA
Statement of 518
STATE MUTUAL FIRE INSURANCE ASSOCIATION OF GAINES
VILLE GEORGIA
Statement of 606
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF ST PAUL
MINNESOTA
Statement of 9gg
STERLING MUTUAL LIKE INSURANCE COMPANY OFGEORGIA
Statement of qqj
SUBSCRIBERS AT UNITED STATES LLOYDS MARINE INSUR
ANCE UNDERWRITERS OF NEW YORK CITY
Statement of 075
SUNLIGHT INSURANCE COMPANY OF ATLANTA GEORGIA
Statement of g3ComptrollerGenerals Eepoet 841
SUN FIRE INSURANCE COMPANY OF NEW ORLEANS
Statement of 272
T
TITLE GUARANTY AND SURETY COMPANY OF PENNSYLVANIA
Statement of 768
TRAVELERS INSURANCE COMPANY OF CONNECTICUT
Statement of 540
TRAVELERS INDEMNITY COMPANY OF HARTFORD CONN
Statement of 772
TRAVELERS INSURANCE COMPANY OF HARTFORD CONN
Statement of 775
U
UNION CENTRAL LIFE INSURANCE COMPANY OF OHIO
Statement of 546
UNION BENEFIT ASSOCIATION OF SAVANNAH GA
Statement of 620
UNION HEALTH AND ACCIDENT COMPANY OF COLORADO
Statement of 780
UNION MUTUAL ASSOCIATION OF ATLANTA GA
Statement of 617
UNION FIRE INSURANCE COMPANY OF ATLANTA GEORGIA
Statement of 619
UNITED STATES HEALTH AND ACCIDENT INSURANCE COMPANY
OF MICHIGAN
Statement of 792
UNION MUTUAL LIFE INSURANCE COMPANY OF MAINE
Statement of 551
UNITED STATES BRANCH HAMBURGBREMEN FIRE INSURANCE
COMPANY HAMBURG EMPIRE OF GERMANY
Statement of 130
UNITED STATES BRANCH OF THE NORWICH UNION FIRE INSUR
ANCE SOCIETY LTD OF ENGLAND
Statement of 194
UNITED STATES BRANCH NORTH BRITISH AND MERCANTILE IN
SURANCE COMPANY OF LONDON AND EDINBURGH
Statement of 198842 ComptbollebGenebals Eepobt
UNITED STATES BRANCH NORTH BRITISH AND MERCYNTILF
NORTHERN ASSURANCE CO LTD OE LONDON e
Statement of
201
UNITED STATES BRANCH OF THE ROYAL FIRE INSURANCE COM
PANY LTD OF LIVERPOOL ENGLAND
Statement of
239
UNITED STATER BRANCH SUN INSURANCE OFFICE OF LONDON
Statement of
269
VNITEDJTATESBRANCH WESTERN ASSURANCE COMPANY OF
Statement of
UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY ASSUr
ANCE CORPORATION LTD ENGLAND
Statement of
UNITED STATES BRANCH OF THE THAMESAND MERSEY MarINE
INSURANCE COMPANY LTD OF LIVERPOOL ENG
Statement of
766
TXI TED STATES CASUALTY COMPANY OF NEW YORK
Statement of
783
UNITED STATES BRANCH FRANKFORT MARINE ACCIDENT AND
PLATE GLASS INSURANCE COMPANY OF GERMANY
Statement of
679
UNITED STATES FIDELITY AND GUARANTY COMPANY OF MARY
LjAND
Statement of
7SS
UNITED STATES BRANCH OF THE LONDON GUARANTEE AND
ACCIDENT COMPANY LTD OF GREAT BRITAIN
Statement of
708
UNITED SURETY COMPANY OF MARYLAND
Statement of
796
V
VIRGINIA STATE FIRE NSURANCE COMPANY OF RICHMOND
Statement of
VOLUNTEER STATE LIFE INSURANCE COMPANY OF CHATtI
NOOGA TENNESSEE CHATTA
Statement of
557ComptrollerGenerals Report
843
w
WESTCHESTER EIRE INSURANCE COMPANY OF NEW YORK
Statement of 284
WESTERN INSURANCE COMPANY OF CARROLLTON GA
Statement of
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF BROOK
LYN N Y
Statement of 287
Table No 1 Shows Business Done by Fire Insurance Companies in Georgia
for Year Closing April 1908 801805
Table No 2 Shows Business Done by Fire Companies for the Year Closing
April 1909 87S09
Table No 3 Shows Business Done by Assessment Life Fire and Accident
Companies for the Year Closing April 1909 811813
Table No 4 Shows Business of Accident Marine and Surety Companies for
the Year Closing April 1909 815817
Table No 5 Shows Condition of Fraternal Orders Doing Business in Georgia
for the Year 1909 819821
Table No 6 Shows Comparative Business of Insurance Companies in Geor
gia for Years 1900 to 1906 inclusive 823825V

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GEORGIA UBBAfE
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