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 UNIVERSITY GEORGIA UBBAfE JIL63a I H1Q6 51454 2