THE LIBRARY OF THE UNIVERSITY OF GEORGIAREPORT OF THE b Insurance Department OF THE COMPTROLLER GENERALS OFFICE FOR THE YEAR ENDING DECEMBER 31 1911 Atlanta Ga Chas P Byed State Printer 1912LIBRARYREPORT Office of CompteolleeGenebal Insubance Depaetment Atlanta Ga January 1 1912 To His Excellency Jos M Brown Governor Sib In compliance with law I have the honor to submit the twentyfourth annual report of the Insurance Department ending December 31st 1911 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 Companies Amount at Risk Premiums Losses Taxes Fire 97710213 1444669 663127 1446669 Life 27979122 876597 338964 876597 Assessment 9216500 80972 44014 80972 Miscellaneous 4927335 53587 10279 53587 Total 139833170 2455825 1056384 2455825 1898 Companies Amount of Risk Premiums Losses Taxes Fire 137297141 2186332 1274499 2186332 Life 81873834 2736088 1090177 2736088 Assessment 23180329 427680 218432 427680 Miscellaneous 64604350 222607 92851 222607 Total306945653 5572707 2675959 5572707VI ComptrollerGenerals Report Companies Amount at Risk Tire 33445958065 Life 23825706162 Assessment 928140970 Miscellaneous 9445492927 Total67645298124 1908 Premiums Losses 465173400 205994152 816808490 296629796 77816007 34283814 81159850 35155873 Taxes 4651716 8182074 769762 802137 1440957816 572063635 14405689 1911 Insurance in Force Fire 41597467055 Fife 32093620110 Assessment 1780098050 Miscellaneous 16324250788 Gross Premiums 550504326 996538690 139294605 110786088 Paid 5272853551 382290206 63475359 53420055 Taxes on Premiums 15044780 9045832 321493 1091810 Total 91795436003 1797123709 772039171 15503915 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 15503915 for the year 1911 I 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 ComptrollebGenerals Eepoet Vll creased during the last three or four years I have deemed it proper to omit these annual statements from the re ports of this Department 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 by this Department to be effective should authorize examinations of all insurance com panies The scope of these investigations should not be limited merely to the ascertainment of the solvency of ffeolVlll ComptbollebGeneeals Eepoet companies as is now the case but the Insurance Com missioner should be authorized to inquire into the hon esty as well as the intelligence of the management of the affairs of all companies In case it is found that the management of any com pany is dishonest fraudulent or incompetent the Insur ance Commissioner should be clothed with authority to refuse license to such companies and if they have al ready been licensed to revoke said license I should perhaps take up in detail the amendments which in my judgment are essential to the protection of the public referring first to Fiee Insueance Companies The laws of this State make three subdiyisions 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 are utterly inadequate to protect insur ers in these companies and should by all means be amended I would recommend that all such companies except those which are purely local confining their busi ness to the county in which they are organized be re quired to make a deposit of not less than ten thousand dollars with the State Treasurer or some Trust Com pany in such securities as may be approved by the Insurance Commissioner In addition to this they should be required to set aside the same reinsurance reserveComptrollerGenerals Eepoet ix 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 compelled to license them when they comply with the present lax requirements of our statute Life Inslrance 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 xl a 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 996538600 in 1911 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 trom the State All of them being purely mutual of coursex ComptrollerGenerals Repokt have no capital stock by which to make the required deposits with the State and supply funds for the eon 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 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 policy holders under penalty of a revocation of their license by the Insurance Commissioner Indeed no Life Company should be allowed to make any distinction or discrimina tion m favor of individuals between insurants of the same class and equal expectation of life in the amount or pay ment or premiums or rates charged for policies for life or endowment insurance or in the dividends or other bene fits payable thereon or in any other of the terms and conditions 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 No company of this class doing business in Geor gia should be allowed to issue a policy to a resident ofComptrollerGenerals Report xi 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 lo inquire into their management and see that the funds belonging strictly to policyholders are not en croached on for any purpose whatsoever Surety Companies Attention is respectfully called to what seems to be an injustice of our law regulating the business of surety companies in Georgia Only bonding companies becom ing sureties on official bondsof 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 thusXll ComptrollerGenerals Report depriving estates widows and minors of the protection which the laws afford the State counties and municipali ties 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 Chartered 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 of 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 Insurance Commissioner to do business in this State No limitation is put on the price at which such stock must be sold or the commissions to be 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 40 per cent of the selling price of said stock the corporation receiving 60 per cent The law should therefore be amended so as to cover these defects and protect the public Fraternal Beneficiary Associations What has been said of the statutes relating to other classes of insurance companies is equally applicable to beneficiary orders both nonresident and domestic It is doubtless known that organizations of all such associations in Georgia are had under charters obtained from judges of the Superior Court under an old Section of our Code enacted many years before there was anyComptrollerGenerals Repokt Xlll 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 assessment on which would raise the maximum amount on 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 Respectfully Wat A Wright ComptrollerGeneralComptbollebGeneeals Eepokt XV The following Fire Insurance Companies having com plied with the laws of Georgia are authorized to transact business in this State for the year 1911 Aachen Munich 84 William St New York Aetna Fire Hartford Conn Agricultural Tire Watertown N Y Alliance Fire Insurance Co Philadelphia Pa American Central Fire 415 Locust St St Louis Mo American Fire Insurance Co Newark N J American Home Insurance Co Greenville S C American Druggists Insurance Co Cincinnati O American Union Philadelphia Pa Atlantic National Macon Ga Athens Mutual Fire Athens Ga Atlas Assurance Co London 49 Wall St New York Atlanta Home Atlanta Ga Augusta Fire Insurance Co Augusta Ga Boston Insurance Co Boston Mass British America 18 Front St Toronto Canada Caledonian 27 Pine St New York Citizens Fire St Louis Mo City of New York Fire New York Columbia Fire Jersey City Columbia Fire Athens Ga Commonwealth Insurance Co 76 William St New York Commercial Union 58 William St New York Commercial Fire Distirct of Columbia Continental 46 Cedar St New York Connecticut Fire Hartford Conn Dixie Fire Philadelphia Pa Dixie Fire Greensboro N C Empire City Fire New York N Y Equitable Fire Charleston S C Federal Marine Insurance Co Jersey City FidelityPhenix New York Fire Association of Philadelphia 34 Fifth St Philadelphia Pa Firemans Fund San Francisco Cal Firemans Insurance Co Newark N J Fitchburg Mutual Fire Fitchburg Mass Franklin Fire Philadelphia Franklin Fire Insurance Co Washington D C Georgia Mutual Fire Cedartown Ga 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 Broadway New YorkXVI ComptrollerGenerals Eeport Glens Falls Fire 149 Glen Street Glens Falls N Y Globe Rutgers Insurance Co New York HamburgBremen U S B 62 Cedar St New York Hanover Fire 40 Nassau St New York Hartford Fire 53 Trumbull St Hartford Conn Home 119 Broadway New York Insurance Company of North America 232 Walnut St Philadelphia Pa Insurance Company State of Pennyslvania Philadelphia Pa Liverpool and London and Globe of England U S B 45 William St 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 Lumber Mutual Fire Boston Mass Lumber Underwriters New York Lumbermans Mutual Mansfield Ohio Massachusetts Fire and Marine Boston Mercantile Mutual Fire 10 Weybossett St Providence R I Milwaukee Mechanics Milwaukee National Home Insurance Cedartown Ga National Fire Hartford Conn National Union Fire Pittsburg Pa Niagara New York New Brunswick New Brunswick N J New Hampshire Manchester N H Norwich Union 67 Wall St New York North British and Mercantile U S B 54 William St New York Northern Assurance 25 Pine St New York North River Insurance Co 84 William St New York Orient Insurance Co Hartford Conn Palatine U S B 21 Nassau St New York Pennsylvania Fire 510 Walnut St Philadelphia Pa Pennsylvania Lumbermans Mutual Fire Philadelphia Pa Peoples National Fire Philadelphia Pa Phoenix Assurance of England U S B 47 Cedar St New York Phoenix of Connecticut 64 Pearl St Hartford Conn ProvidenceWashington Providence R I Queen of America 49 Cedar St New York Rochester German Rochester N Y Royal Liverpool England Louisville Ky Royal Exchange 92 William St New York Savannah Fire Savannah Ga Scottish Union and National U S B 222 Asylum St Hartford Conn Security Fire New Haven Conn Southern Mutual Athens Ga Southern States Fire Birmingham Ala Springfield Fire and Marine Springfield Mass St Paul Fire and Marine St Paul MinnComptrollerGenerals Eeport xvii Svea Tire Stockholm Sweden Sun Insurance Office England 54 Pine St New York Sun Fire Insurance Co New Orleans La United Fireman Philadelphia Pa United States Lloyds New York N Y Virginia State Richmond Va Western Assurance 22 Wellington St Toronto Canada Westchester Fire 27 and 29 Pine St New York Williamsburg City Fire 150 Broadway New York The following Life Insurance Companies having complied with the laws of Georgia are authorized to transact business in the State for the year 1911 Aetna Life Hartford Conn American Life and Accident Salisbury Mo American National Life Galveston Texas American National Life Lynchburgh Va Bankers Reserve Life Omaha Neb Citizens National Life Insurance Co Louisville Ky Columbia Life Cincinnati O Columbian National Boston Commercial Life Insurance and Casualty Co Savannah Ga Connecticut Mutual Life Hartford Conn Des Moines Life Des Moines Iowa Empire Life Atlanta Ga Equitable Life 120 Broadway New York Fidelity Mutual Life Philadelphia Pa Franklin Life Springfield 111 Georgia Life Insurance Co Macon Ga Greensboro Life Greensboro N C Germania Life 20 Nassau St New York Hartford Life Hartford Conn Home Life 256 Broadway New York Illinois Life Chicago 111 InterSouthern Life Louisville Ky International Life St Louis Mo Interstate Life and Accident Chattanooga Jefferson Standard Life Raleigh N C Life Insurance Company of Virginia Richmond Va Manhattan Life of New York Maryland Life 10 South Street Baltimore Md Masonic Protective Association Worcester Mass Massachusetts Mutual Life 413 Main St Springfield Meridian Life and Trust Company Indianapolis Ind Metropolitan Life 36 Park Place New York Michigan Mutual Life Detroit Mich Missouri State Life St Louis Mutual Benefit Life 752 Broad St Newark N J Mutual Life of New York 32 Nassau St New York TennXV111 ComptrollerGenerals Eeport 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 Cor Broadway and Milwaukee Sts waukee Wis Pacific Mutual Life San Francisco Cal Philadelphia Life Insurance Company Philadelphia Prudential Life Newark N J Penn Mutual Life 921 Chestnut St Philadelphia Pa Phoenix Mutual Life Hartford Conn Pittsburg Life and Trust Co Pittsburg Pa Reliance Life Pittsburg Pa Reserve Loan Life Indianapolis Ind Ridgely Protective Association Worcester Mass Rome Life Insurance Company Rome Ga Security Life of America Chicago Security Life and Annuity Greensboro N C Security Mutual Life Binghamton N Y State Mutual Life Borne Ga State Life Indianapolis Ind State Mutual Life Assurance Co Worcester Mass Southern National Life Lyndon Ky 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 Cincinnati O Union Mutual Life Portland Maine United States Annuity and Life Insurance Co Chicago Illinois Volunteer State Life Chattanooga Tenn Mil The following Assessment Fire Life and Accident Insurance Com panies having complied with the laws of Georgia are authorized to trans act business in the State for the year 1911 American Assurance Association life Atlanta Ga American Insurance Company life Savannah Ga American Life and Annuity Atlanta Mutual Insurance Association life Atlanta Ga Bankers Health and Life Insurance Co Macon Ga Continental Aid Association Atlanta Ga Cherokee Insurance Company life Borne Ga Farmers Mutual Fire Insurance Co Dawson Ga Farmers Cooperative Fire Insurance Co Jackson Ga Farmers Mutual Insurance Association Oakman Ga Farmers Protective Fire Insurance Co Lithonia Ga Georgia Mutual Fire Insurance Co Dublin Ga Georgia Mutual Industrial Life and Health Augusta Ga German Mutual Fire Insurance Co Savanna GaComptrollebGenebals Eepoet XIX Gordon County Mutual Fire Calhoun Ga Great American CoOperative Fire Association Macon Ga Guaranty Aid and Relief Society Savannah Ga Home Friendly Society Baltimore Md Home Mutual Fire Insurance Co Brunswick Ga Industrial Life and Health Insurance Co Atlanta Ga Merchants Life Association Burlington Iowa Mutual Life Industrial Association Athens Ga Mutual Benefit Industrial Life Association Savannah Ga National Insurance Association Atlanta Ga National Life Association Des Moines la New South Mutual Life Insurance Co Atlanta Ga Pilgrim Health and Life Association Augusta Ga South Georgia Farmers Fire Insurance Co Thomasville Ga Sunlight Insurance Company Atlanta Ga Southern Live Stock Insurance Co Dallas Ga Southern Mutual Life Insurance Association Atlanta Ga Union Mutual Association Atlanta Ga Union Fire Insurance Co Atlanta Ga The following miscellaneous companies having complied with the laws of Georgia are authorized to transact business in the State for the year 1911 Aetna Accident and Liability Insurance Co Hartford Conn Alabama Fidelity and Casualty Montgomery Ala American Casualty Beading Pa American Fidelity Co Montpelier American Surety New York American Bonding Company Baltimore Md American Credit Indemnity Company New York Atlantic Horse Insurance Co Providence E I Continental Casualty Company Hammond Ind Empire State Surety Company New York Employers Indemnity Company Philadelphia Employers Liability Assurance Corporation 71 Kilby St Boston Mass Equitable Casualty Co Atlanta Ga 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 German Commercial Accident Philadelphia Pa General Accident Association Corporation United States Branch Philadelphia Pa General Bonding Casualty Company Great Eastern Casualty Company 290 Broadway New York Great Southern Accident and Fidelity Atlanta Ga Guarantee of North America 157 St James St Montreal Canadaxx ComptrollerGenerals Eeport Hartford Steam Boiler 218 Main St Hartford Conn Illinois Surety Chicago 111 Interstate Casualty Co Birmingham Ala Kansas City Casualty Kansas City Mo Lloyds Plate Glass 68 William St New York Loyal Protective Association Boston Mass London Guarantee and Accident 139 LaSalle St Chicago 111 Maryland Casualty Company Baltimore Md Massachusetts Bonding and Insurance Company Boston Mass Masonic Mutual Accident Springfield Mass Metropolitan Casualty Company New York National Surety Company New York N Y National Life and Accident Nashville Tenn National Casualty Company Detroit Mich New York Plate Glass New York North American Accident 217 LaSalle St Chicago Ocean Accident and Guarantee 346 Broadway New York Peninsular Casualty Company Jacksonville Fla Pennsylvania Casualty Scranton Pa Philadelphia Casualty Co Philadelphia Preferred Accident Insurance Co New York Provident Life and Accident Insurance Co Chattanooga Tenn Royal Casualty Co St Louis Royal Indemnity Co New York Standard Accident Insurance Co Detroit Mich Thames and Mersey Marine 69 Wall St New York Title Guaranty and Surety Company Scranton Pa Travelers Indemnity Company Hartford Conn Union Marine Liverpool England United States Casualty Company 38 Nassau St New York United States Fidelity and Guaranty Baltimore Md United States Health and Accident Saginaw Mich The following Fraternal Orders having complied with the laws of Georgia are authorized to transact business in the State for the year 1911 American Life Atlanta Ga American Woodmen Denver Colorado Atlanta Mutual Burial Association Atlanta Catholic Knights St Louis Mo Citizens Mutual Benefit Society of Georgia Atlanta Columbian Fraternal Association Washington D C Columbian Woodmen Atlanta Ga Concord Life Association of Georgia Atlanta Ga Cycle of Equity Birmingham Ala Equitable Relief Association of America Savannah Farmers Life Confederation Atlanta Farmers Mutual Life Protective Association AtlantaCompteollebGeneeals Eepoet yxi Fraternal Annuity LaGrange Ga Fraternal Life Association of Georgia Atlanta Ga Fraternal Union of America Denver Col Fraternal Life and Accident Association Richmond Va Foresters Fraternal Protective Association of Massachusetts Boston Mass Forest Woodmen Circle Omaha Neb Fraternal Mystic Circle Philadelphia Pa Grand Lodge Fraternal Annuity LaGrange Ga The Grand Fraternity Philadelphia Pa Heralds of Liberty Huntsville Ala The Homes Friend Athens Ga Homesteaders of Iowa Des Moines la Improved Order of Heptasophs Baltimore Md International Liberty Union Covington Ky Independent Order of Woodmen Covington Ga Independent Order of Puritans Pittsburg Pa Knights of Columbus New Haven Conn Knights of Honor St Louis Mo Knights of the Maccabees of the World Detroit Mich Knights of Mystic Ark Atlanta Knights of Industry Washington D 0 Knigthts of Pythias Indianapolis Ind Ladies of the Maccabees of the World Port Huron Mich Linwood Afro Labor Association Bartow Ga Life Benefit Company Atlanta Ga Masons Annuity Atlanta Ga Masonic Benefit Association Atlanta The Masonic Mutual Life Association Washington D C Mutual Life Industrial Association Athens Ga Mutual Burden Bearers Americus Ga Modern Brotherhood of America Mason City la Modern Protective Association Sayre Pa Modern Workmen of the World Alexandria Va Modern Woodmen of America Rock Island National Insurance Union Atlanta Ga National Fraternal Society of the Deaf Chicago 111 National Life Annuity Association of Georgia Atlanta Ga National Protective Legion of New York New York National Union of Ohio Toledo Ohio Odd Fellows Annuity Dallas Ga Order of United Commercial Travelers of America Columbus Ohio Peoples Mutual Benefit Association of Georgia Rome Ga Pretorians Dallas Texas Royal Benefit Society Washington D C Retail Merchants Association Atlanta Ga Senate National Union Toledo Ohio Sailors Nashville Tenn Southern Protective Association Atlanta GaXXI1 ComptbollebGenebais Eepobt Southern Mutual Fraternal Union Atlanta Ga Southern Woodmen Birmingham Ala Sovereign Camp Woodmen of the World Omaha Neb Southern Farmers Assurance Atlanta Ga Supreme Camp of the American Woodmen Denver Colo Supreme Council Catholic Knights of America StLouis Mo Supreme Chapter Fraternal Annuity Association MeRae Ga Supreme Council of the Royal Arcanum Boston Mass Tribe of Ben Hur Crawfordville Ind Union Mutual Life Association Atlanta Ga United Commercial Travelers Columbus Ohio United Homes of America Athens Ga Workmens Circle New York FIRE INSURANCE COMPANIES UNITED STATES BRANCH OF THE AACHEN MUNICH FIRE IN SURANCE COMPANY OF AIXLACHAPELLE GERMANY Joseph A Kelsey United States Manager Principal Office in United States 84 William St New York City Dan B Harris Atlanta Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 2271667 20 4 Extended at 2271667 00 IIIncome 5 Gross Premiums 1609217 32 6 Deduct gross amount paid for reinsurance fire 23929806 return premiums fire 28859833 total 527896 39 7 Total premiums other than perpetual 1081320 93 11 Gross interest on bonds and dividends on stocks less 189443 accrued interest on bonds acquired during 1910 72738 91 21 Gross interest on deposits in trust com panies and banks 4169 43 15 Total gross interest and rents 76908 34 17 Home office 5288 82 28 Total income 1163518 09 IIIDisbursements 1 Gross amount paid policyholders for losses including 9879564 occurring in previous years 645188 72 2 Deduct amount received for discount fire 100000 salvage fire 1455395 rein surance fire 8551014 total 101124 63 3 Net amount paid policyholders for losses 544124 63 4 Expenses of adjustment and settlement of losses 20071 02 5 Commissions or brokerage 233975 23 6 Allowances to local agencies for miscellaneous agency expenses 278 12 7 Salaries 2299894 and expenses 1683685 of special and general agents 39835 79 8 Salaries fees and all other charges of officers directors trustees and home office employees 75018 06 LIE 3Y Ofgeob6vComptkollebGtenekals Rbpobt Advertising 25646o printing and stationery 586310 8 427 7 11 Postage telegrams telephone and express 21 It 12 Legal expenses J 13 Furniture and Fixtures 60 23 14 Maps including corrections 394 77 15 Underwriters boards and tariff elation I ments fees taxes and expenses 17 Inspections and surveys U9 5J 20 State Taxes on premiums 2141 SZ 21 Insurance department licenses and fees j ices 10246 municipal taxes and fees 397404 Fed eral taxes 48579 total 23 Other disbursements Commercial ratings l3800oV mis 484 cellaneous items 184464 total 28 Home office 224 64 37 Agents balances charged off 16S4 50 75 7 40 Total disbursements 1010391 32 IVLedger Assets t Book value of bonds 5 Cash in companys office 42 6 Deposits in trust companies and banks not on interest viz Anglo London Paris Na tional Bank San Francisco 326032 Chase National Bank New York 3 75000 total 7 Deposits in trust companies andhanks on interest viz Chase National Bank New York 5938853 Ladenburg Thalmann o 8301400 total o 1 40J 53 8 c Agents balances representing busi new written subsequent to October 3 1910 159 124 67 9 d Agents balances representing busi ness written prior to October 1 1910 1 75n H e Bills receivable taken for fire risks 684 03 16 Total ledger assets 2424793 97 NonLedger Assets 18 Interest due and accrued on bonds 24350 82 22 Total 24350 82 28 Gross assets 2449144 79 CoMPTROLLERGrENERAI S REPORT Deduct Assets Not Admitted 32 Agents balances representing business written prior to October 1 1910 33 Bills receivable past due taken for ma rine inland and fire risks 35 Book value of ledger assets over mar ket value viz 37 Total 38 Total admitted assets VLiabilities 1 Gross losses adjusted and paid 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 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived and receivable upon all unexpired fire risks running one year or less from date of policy including interest premi ums on perpetual fire risks 65585153 unearned premiums fifty per cent 8 Gross premiums less reinsurance re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 125924229 unearned pre miums pro rata 1750 71 684 03 78985 38 81420 12 061 20 108613 88 24248 97 139924 05 18350 36 327925 76 690279 80 2367724 67 121573 69 12 Total unearned premiums as computed above 1018205 56 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 6157 91 13500 00 340 00 27 Total amount of all liabilities except capital 30 Surplus as regards policyholders 31 Total liabilities 1159777 16 1207947 51 2367724 67ComptkollekGexXeeals Eeport Business in the State of Georgia During 1910 26 Gross Bisks written 27 Gross premiums on risks written 3509122 00 28 Losses paid deducting salvage 53422 86 29 Losses incurred 17170 98 20665 38 A INSTJBANCE C0MpANY QF hartforD coxxEcTrouT William B Clark President Home OffiPP w ly K Rees Secretary James S TVnT T Hartfor Connecticut James S Middleton Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paidup o An T 5000000 00 ATnt f led as per balance Member 31 of previous year 16 194 Q7Q9S 3 Increase of paidup capital during the year s 1000000 00 4 Extended at 17194979 28 IIIncome 5 Gross premiums onrBU 6 Beduct gross amount paid 1m 82 for reinsurance lire 1 23589902 marine and in land 28613516 return premiums fire 1129901 15 marine and inland 1T775440 2365800 17 403889 50 7 Total premiums other than perpetual i Ginrmumwritten n perPetai 8gT JJ Uross interest on hmi j j vs 8327844 03 terest on bonds and dividend stocks less 3142634 accrued interest accrued on bonds during 19l0 12 Gross interest on deposits in trustcom panies and banks 1415 Interest received on accountof old bal ance now paid 7500 interest received from Philadelphia Underwriters Associ ation 620 16 Gross rents from company 4 property eluding 20000 for companys occupancy of its own building 728624 17 30821 34 81 20 20000 00 17 Total gross interest and rents 779527 1 1ComptbollebGeneeals Repobt 5 18 From other sources viz conscience fund 90400 tax on real estate recovered from State of Connecticut 920000 pre mium paid by stockholders on increase of capital 100000000 1010104 00 25 From agents balances previously charged off 6 95 26 Gross profits on sale or maturity of ledger assets viz bonds 244471 stocks 5 00000 total 7444 71 28 Total income 10130139 40 IIIDisbursements Gross amount paid policy holders for losses includ ing 54980598 occurring in previous years Deduct amount received for salvage fire 5836836 ma rine and inland 4415857 insurance fire 77818429 marine and inland 155 35979 discount fire 2 05920 total 4408729 55 586149 24 838611 85 199518 36 10 11 12 13 14 15 16 17 18 19 20 21 Net amount paid policyholders for losses 3956748 58 Expenses of adjustment and settlement of losses 42313 60 Commissions or brokerage 1567018 77 Salaries 17031632 and expenses 12108483 of special and general agents 291401 15 Salaries fees and all other charges of officers directors trustees home and branch office employees 355695 23 Kents including 20000 for companys occupancy of its own building 42459 47 Advertising 1836419 printing and stationery 64 92516 total 83289 35 Postage exchange telegrams telephone express and freight 64881 60 Legal expenses 10980 59 Furniture and fixtures 8831 81 Maps including corrections 14146 79 Underwriters Boards and Tariff Associations 89331 05 Fire department fire patrol and salvage corps assess ments fees and expenses 14003 50 Inspections and surveys 40519 18 Repairs and expenses other than taxes on real estate 2994 7 L Taxes on real estate 10666 50 State Taxes on premiums 117787 28 Insurance department licenses and fees 25360 20ComptrollerGenerals Report 22 Alerm7i6eBand taxesYiz fire department taxes 34382o city and town licenses 17 959 72 OOoT fnchi8e WMWi65 stockliers tax 124 00000 other taxes viz fire marshal tax 4546 03 PersonaI property tax in various towns 335850 2 OH at6S G0Vernmellt x 775301 total 3 Other disbursements viz Equipment of printing depart ment 302524 auditing coal electric light and gas ice janitor and engineers supplies laundry lunch system newspaper subscriptions etc water vault protection pensions cartage premium on liability i d P T mercantie agencies 2759788 total 31 Paid Munich Reinsurance company on account ofre serve fund 32 Paid Munich Reinstancecompany for interVst onbaV anee 33 Deposit premiums returned 34 Paid stockholder for Merestor dividendVmounV de ciared duiiiu fiie vpsr fin nun no m i ui ipoBU U0000 interest 69 80430 37 Agents balances charged off 38 Gross loss on sale or maturity of ledgerassetsvb bonds 4135148 stocks 31250 total 40 Total disbursements 196585 07 31223 12 98297 94 21759 63 2896 28 749864 30 2047 06 41663 98 882817 36 IVLedger Assets I pit ve 1 r1 estate 5882 93 4 5ook value of bonds 1173367904 and stocks 41 837062 total 15852 m m o Cash in companys office 4561 13 6 Deposits in trust companies and banks not on interest 33975 82 7 Deposits in trust companies and banks on interest 1566923 42 1605460 37 8 e Agents balances representing busi Q mw Wfen Slbse1uent to Oct 11910 1393658 79 9 d Agents brces representing busi ness written prior to Oct 1 1910 o 94 n7 16 TotaJ ledger assets 19442301 32 NonLedger Assets 18 Interest accrued on bonds rr 21 New York Life Insurance Trust on pany 24 Total 375 00 91200 56CompteolleeGenebals Eepoet 7 26 Market value not including interest in item 18 of bonds and stocks over book value 1706176 09 30 Gross assets 21239677 97 Deduct Assets Not Admitted 34 Agents balances representing busineesi written prior to October 1 1910 2924 57 38 Beal estate 213207 93 40 Total admitted assets 21023545 47 Liabilities 1 Gross losses adjusted and unpaid not yet due 12559762 125597 62 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 688304 08 3 Gross claims for losses resisted 30471 00 4 Total 844372 70 5 Deduct reinsurance due or accrued 204571 33 6 Net amount of unpaid losses and claims 639801 U 7 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running one year or less from date of policy including in terest premiums on perpetual fire risks 450201013 unearned premiums fifty percent 2251005 07 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 893961643 unearned premiums pro rata 4812015 48 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 59016565 unearned premiums fifty per cent fi9 83 12 Total unearned premiums as computed above 7323103 38 13 Amount reelaimable by the insured on perpetual fire in surance policies being 95 per cent of the premium or deposit received 101115 19 19 Salaries rents expenses bills accounts fees etc due 1 JUUU uu or accrued ComptrollerGenerals Eeport 20 State county and municipal taxes due or accrued 4 All other liabilities viz Balance leld for Munich Re insurance Company under contract 140000 00 449509 41 27 Total amount of all liabilities except capital 28 Capital actually paid up in cash 29 Surplus over all liabilities 5000000 00 7369016 12 8654529 35 30 Surplus as regards policyholders 31 Total liabilities Business in the State of Georgia During 1910 26 Cross risks written t 97 n i394o29 00 1 Gross premiums on risks written 284 559 59 28 Losses paid deducting salvage 128967 77 118126 32 29 Losses incurred 12369016 12 21023545 47 4S1724 00 9500 09 1368S 21 1S309 21 ADIRONDACK FIRE INSTANCE COMPANY OF XKW YORK G A Mitchell President K H McKe Principal Office 84 William St New York keretar P B Marsh Attorney for Service in Geo rgia ICapital 1 Wihole amount of capital stock 2 Amount paid up in cash IIAssets 200000 00 200000 00 9 Total par and market value of stocks and bonds owned value th emPany Carri6d Ut at iarket 13 Cash belonging to the company deposited in banks viz 63448 Marine National 4510813 National Park 2670378 State National 5506 42 3o Interest due and accrued on bonds not included in market value uneollected 17 Cash in hands of agents and in course of VransmiVsion Total assets of the company actual cash market value A II ILiabilities 2 Gross losses in process of adjustment in eluding all reported and supposed losses 26276 06 297600 00 82595 77 2966 67 67137 66 450300 10ComptrollerGenerals Eepoet 9 3 Losses resisted including interest costs and other expenses thereon 8129 17 4 Total gross amount of claims for losses 34405 23 5 Deduct reinsurance thereon 9721 17 6 Net amount of unpaid losses 7 Gross premiums without any deduction re ceived and receivable upon all unex pired fire risks running one year or less from date of policy 32157143 un earned premiums fifty per cent 160785 71 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 2883605 un earned premiums pro rata 18967 98 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous purposes 19 All other demands against the company absolute and contingent due and to become due admitted and contested viz Reserve for taxes Reserve for commissions 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 capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 24684 06 179753 69 250 00 3600 00 15870 22 224157 97 200000 00 26142 13 450300 10 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 53683 94 3 Net collected 53683 94 4 Gross premiums on risks written and re newed during the year 509297 61 5 Total 562981 55 6 Deduct premiums and bills in course of collection at this date 67137 6610 ComptkollerGenebals Eepobt 7 Entire premiums year S Deduct reinsurance 9 Net collected during the and return premiums 495843 89 180639 40 cash actually receded for premiums carried out 11 Received for mterest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from all other sources crease if any in value of securities vis Agents balances charged off Sale of bonds omitting in 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 2262592 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 304441 and all amounts actually received for reinsur ance in other companies 69975 31 to tM dedeti 7301972 290438 74 Net amount paid during the year for losses Cash dividends actually paid stockholders amountof stockholders dividends declared during the year fdid for commissions or brokerage Paid for salaries fees taxes in this and and other charges of officers clerks agents and all other employees Paid for State National and local taxes ir other States AIcTranderpiitures v a marges 281576 rent 57516 stationery 57 24 254462 auditing 825 sundries 17287 legal total Paid for bonds Aggregate amount of actual expenditures during the year in cash g e Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 315204 49 157S5 47 176 97 25000 00 356166 93 217419 02 10000 00 87597 76 6794 35 8175 98 6990 70 23800 00 360777 81 198818 00 5733 62 3359 60 570 40ComptrollerGenerals Report 11 ALLIANCE INSURANCE COMPANY OF PENNSYLVANIA Eugene L Ellison President Henry W Farnum Secretary Home Office 232 Walnut St Philadelphia Pa Edward S Gay 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 1670983 95 t 1670983 95 4 Extended at v IIIncome Eire Marine Inland 5 Gross premiums 917724 13 412607 71 i Deduct gross amount paid for reinsurance fire 11130388 marine and inland 5972672 re turn premiums fire 14381750 marine and inland 7713563 253121 38 136862 35 7 Total premiums other than perpetual 664602 75 275745 30 Carried out 8 Deposit premiums written on perpetual risks gross 11 Gross interest on bonds and dividends on 4 stocks less 66264 accrued interest on bonds acquired during 1910 61439 36 12 Gross interest on deposits in trust com panies and banks 14 Branch office bank balances 15 Deferred settlements 12 86 64 62 17 Total gross interest and rents 18 From other sources Earned perpetual deposits 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 40000 stocks per schedule D 1152500 total 940348 11 1490 15 63600 02 2 50 1 39 11925 00 28 Total income 1017367 1712 ComptbollebGenebals Eepoex IIIDisbursements 1 Fire Marine Inland 1 Lrross amount paid policy holders for losses 366104 42 198121 63 Deduct amount received for salvage fire 8663 46 marine and inland 689206 reinsurance fire 4397842 marine and inland 3713598 5264188 44028 04 154093 59 agency printing and stationery and 3 Net amount paid policy holders for losses 313462 54 4 Expenses of adjustment and settlement of losses o Commissions or brokerage 6 Allowances to local agenciesf or i expenses 7 Salaries 542474 and expenses 284853 of special and general agents 8 Salaries fees and all other chargesof officers directors trustees and home office employees 9 Rents 10 Advertising 171983 544479 total 11 Postage telegrams telephone 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salt meats fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes Pennsylvaniatav onPo StCk 1500 United States income tax l4yo82 municipal licenses 1018 27 total 23 Other disbursements Home office management expenses 33 Deposit premiums returned 34 Paid stockholders for interest or dividendsamount de clared during the year 30000 36 Interest paid to seripholders express ivage corps assess 40 Total disbursements 41 Balance 467556 13 171 45 220479 65 9579 19 8273 27 27593 96 3321 00 7164 62 4354 36 2543 59 104 30 1124 47 6810 97 1242 61 555 28 11747 60 3390 05 4504 09 1445 45 170 00 30000 00 11660 81 828797 85 1859553 27ComptrollerGenerals Report 13 IVLedger Assets 4 Book value of bonds 147215000 and stocks 9805000 total 1570200 00 5 Cash in companys office 197 07 7 Deposits in trust companies and banks on interest 158776 55 8 Agents balances representing business written subsequent to October 1 1910 129061 17 9 Agents balances representing business written prior to October 1 1910 359 91 10 Bills receivable taken for marine and in land risks 958 57 16 Total ledger assets 1859553 27 NonLedger Assets 18 Interest accrued on bonds 9667 89 28 Salvage claims 1540 00 30 Gross assets 1870761 16 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 359 91 38 Bonds and stocks 63252 50 39 Total 63612 41 40 Total admitted assets 1807148 75 VLiabilities 1 Gross losses adjusted and unpaid 1073 00 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 107700 00 3 Gross claims for losses resisted 2500 00 4 Total m273 00 5 Deduct reinsurance due or accrued 7837 00 6 Net amount of unpaid losses and claims 103436 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 including interest premiums on perpetual fire risks 45014 ComptbollebGenebal a Eepobt 3507 unearned premiums fifty per cent i 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 46282973 unearned premiums pro rata 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 8938253 unearned premiums fifty per cent 10 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 14133600 unearned premiums 50 per cent 225417 53 253304 13 44691 27 70668 00 12 Total unearned premiums as computed above 13 Amount reclaimable by the insured on perpetual fire insurance policies being 90 per cent of the premium or deposit received 20 State county and municipal taxes due or accrued 1 Commissions brokerage and other charges due or to b come due to agents and brokers 22 Beinsurance premiums 25 Contingent fund 27 Total amount of liabilities except capital 29 Surrir1 aCtUlI1T1 rd UP CaSh 500000 oO 29 Surplus over all liabilities 40oooo 00 30 Surplus as regards policy holders 31 Total liabilities 594080 93 1 1136 S3 6600 00 12750 00 2753 91 176391 08 907148 75 900000 00 1807148 75 Business i the State of Georgia During the Vear 26 Gross risks written Less risks cancelled Risks written 27 Gross premiums on risks written Less return premiums Premiums received 28 Losses paid Pire Marine Inland 1642974 00 35000 00 446391 00 8125 00 1196583 00 26875 00 21974 10 4003 89 845 50 120 66 17970 21 724 84 29 Losses incurred 7454 30 6475 90CompteollebGeneeals Repoet 15 AMERICAN CENTRAL FIRE INSURANCE CO OE ST LOUIS MO Edward T Campbell President B G Chapman Jr Secretary Principal Office 816 Olive Street St Louis Mo ICapital Wliole amount of capital stock JJOOJOO 00 2 Amount paid up in cash IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 29900 00 3 Interest accrued thereon 4 Value of lands mortgaged exclusive of buildings and perishable improvements 63100 00 9 Total par and market value of stocks owned absolutely by the company carried out at market value 4415043 11 Total par and market value and amount loaned thereon 461900 00 12 Cash in companys principal office 1017 84 13 Cash belonging to company deposited in Natl Com Bank in St Louis 158 58981 Third National Bank in St Louis 3535399 Natl Bank of Com N Y 933295 St Louis Union Trust Co 5000000 total 253376 75 Total cash items 254394 59 15 Interest due and accrued on bonds not included in mar ket value uncolleeted 24609 24 16 Interest due and accrued on collateral loans and un 875 00 collected 17 Cash in hands of agents and in course of transmission 445419 y 18 Bills receivable not matured taken for fire marine and 3 1815 35 inland risks TT r 805 56 Lee Higgmson o Total assets of the company actual cash market value 5635121 43 TITLiabilities 1 Losses due and unpaid 88057 22 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 288847 05 3 Losses resisted including interest cost and other expenses thereon 28332 5016 ComptrollerGenerals Beport 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 405236 77 115265 18 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 1609823 74 unearned premiums fifty per cent 804911 87 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 298985964 unearned premiums pro rata 1 588 150 08 289971 59 11 Total unearned premiums as computed above 2 393 061 95 5 Dividends declared and remaining unpaid or uncalled for 1 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 Taxes estimated IS 3362 19 50000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up incash o 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capitalpaid up and net surplus 2737204 21 000000 00 897917 22 5635121 43 VIncome during the Fear 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that year s statement 512886 56 o Net collected 4 Gross 512886 56 premiums on risks written and re newed during the year 5 Total 6 Deduct premiums and bills in course of collection at this date 7 Entire premiums collected during the year 8 Deduct reinsurance and return premiums 9 Net cash actually received for premiums carried out 10 Received for interest on bonds and mort gages 11 Received for interest and dividends stocks and bonds collateral loans from all other sources 12 Income received from all other sources on and 3950487 50 4463374 06 567872 55 3895501 51 1277115 01 1794 00 232341 29 618386 50ComptrollerGenerals Eepoet 17 omitting increase if any in value of securities viz Discount 199221 in surance on B E and other items 8798 unclaimed dividends 3750 total 2117 69 236252 98 15 Aggregate amount of income actually received during the year in cash 2854639 48 VExpenditures during the Year 1 Gross amount paid for losses including 14495358 losses occurring in previous years 1713840 47 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1793049 and all amounts actually received for reinsurance in other companies 360 73783 total deductions 378668 32 Net amount paid during the year for losses 1335172 15 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 240000 00 6 Paid for commissions or brokerage 493547 63 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 239480 19 8 Paid for state national and local taxes in this and other states 76771 5S 9 All other payments and expenditures viz Losses adjusted 1904861 rent 1206970 advertising 253505 printing and stationery 2548638 P E E T 2582055 legal 417168 furniture and fixtures 4 29584 maps 929727 underwriters board 29 95170 fire department and salvage corps 540037 inspection and surveys 1570022 miscellaneous 92 17813 total 245955 50 Aggregate amount of actual expenditures during the year in cash 2630927 05 Business in the State of Georgia During the Year Fire marine and inland risks written 6406690 00 Premiums received gross 7555o 42 Losses paid 17517 77 Losses incurred 17108 7518 ComptrollerGenerals Eepoet THE AMERICAN FIRE INSURANCE COMPANY OF NEWARK X 1 Philemon L Hoadley President C Weson Bailey Secretary Principal Office 70 lark Place Newark X 1 Olin L Pattillo Attorney for Service in Georgia ICapital 1 Whole amount of capital stock im M 2 Amount paid up in cash 10ooy J IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 468 000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple lJOBJUS 25 3 Interest due on all said bond and mortgage loans 242 interest accrued thereon 1863263 total oa 061 63 4 Value of lands mortgaged exclusive of buildings and perishable improve ments lo96o7 00 alue of buildings mortgaged insured for 1952965 as collateral 2 232 950 00 6 Total value of said mortgaged premises carried inside 3992607 Id 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 5892935 00 I ash m company s principal office 322 83 13 Cash belonging to the company deposited in Essex County National Bank 116 47224 National Newark Hanking Co 10935578 total 226150 85 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected skirt 17 Cash in hands of agents and in course of transmission not more than three months due 0 18 Bills receivable not matured taken for fire marine and inland risks not past due 263 812 03 Total assets of the company actual cash market value 9043082 44 HILiabilities 2 Cress lesses in process of adjustment or in suspense including all reported and supposed losses 360j617 77ComptrollerGenerals Beport 19 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 13127 97 373745 74 64166 47 6 Net amount of unpaid losses 7 Gross premiums without any deduction receive and receivable upon all unex pired tire risks running one year or less from date of policy 156364910 unearned premiums fifty per cent 8 Gross premiums without any deductions received and receivable upon all unex pired fire risks running more than one year from date of policy 729740251 unearned premiums pro rata 781824 55 3771217 20 11 Total unearned premiums as computed above carried out 34 Amount of dividends declared but not yet due 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 Accrued taxes 19 Commissions brokerage and other charges due or to become due to agents and brokers Total 20 Special reserve fund 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 309597 4553041 7o 50098 00 500 00 41000 00 168464 29 5122683 31 300000 00 1000000 00 2620399 13 up nd net surplus 9043082 44 IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year us shown by that years statement 716456 39 2 Deduct amount of same not collected 1868 02 714588 37 3 Net collected 4 Gross premiums on risks written and re newed during the year 4873999 85 TotaJ 5588588 22 6 Deduct premiums and bills in course of collection at this date 798702 3220 CompxkollekGeneeals Eepokt 7 Entire premiums collected during the n I6 4789885 90 Deduct reinsurance and return premiums 1265473 63 9 Net cash actually received for premiums carried out 3 54 412 7 10 Received for interest on bonds and mortgages 76236 91 11 Eeceived for interest and dividends on stocks and bonds collateral loans and from all other sources o60 c44 u 12 Income received from all other sources omitting increase if any in value of securities viz Eents 22 898 4 15 Aggregate amount of income actually received during the year in cash 3884492 96 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 23895589 losses occurring in Pre years 1947642 46 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 4226637 and all amounts actually received for reinsur ance in other companies 23000491 total deductions 10 k Net amounl paid during the year for losses 675 37 Expenses of adjustment and settlement of losses t443g 17 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 20000000 cash dividends actually paid policyholders amount of policyholders dividends declared durin the year 9800 total b Paid for commissions or brokerage 910344 20 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 145 523 4 8 Paid for state national and local taxes in thisand other states 9 All other payments and expendituresviz Repairs and ises on real 322 deprec in cry post maps etc 27520S 53 Aggregate amount of actual expenditures during the year in cash 3372866 56 ComptrollerGeneral s Report 21 AMERICAN HOME FIRE INSURANCE COMPANY OF GREENVILLE SOUTH CAROLINA Chas F Huid President L B Houston Secretary Principal Office Masonic Temple Greenville S C Otis A Murphey Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 200000 00 2 Amount paid up in cash 115466 67 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued on all said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 318100 00 5 Value of buildings mortgaged 79650 00 6 Total value of said mortgaged premises carried inside 397750 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 11 Total par and market value and amount loaned 12 Cash in companys principal office 4641 28 13 Cash belonging to the company deposited bank viz Farmers Loan Trust Co Anderson S C 41919 Bank of Bel ton Belton S C 25497 Com Sav ings Bank Charleston S C 1737 95 Fourth National Bank Greenville S C 29381 Norwood National Bank Greenville S C 381791 City Na tional Bank Greenville S O 10178 33 Bank of Commerce Greenville S C 29076 Farmers Merchants Bank Greenville S C 15363 Bran don Savings Bank Greenville S C 44897 Bank of Greers Greers S C 24941 Chicora Bank Pelzer S C 51098 Bank of Fountain Inn Foun tain Inn S C 10179 Bank of Spar tanburg Spartanburg S C 4882 15000 00 126816 33 215 80 22027 91 4266 4609 ComptbollebGenebals Eepobt Farmers Merchants Bank Liberty S 31066 Westminster Bank West minster S 8346 total 18900 64 Total cash items 16 Interest due and accrued on collateralloansandun collected 17 Cash in hands of agents and in course of transmission Total assets of the company actual cash market value 7 I ILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 6 Net amount of unpaid losses 7 Cross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy unearned pre miums fifty per cent s Gross premiums without any deduction received and receivable upon all unex 1 ired Are risks running more than one vear from date of policy unearned premiums pro rata 6187 77 19176 91 20415 74 as computed above carried 11 Total unearned premiums i out 7 e and accrued fo salariesrentadvertising and tor agency and other miscellaneous purposes Total 21 Joint stok capita actually paid in in cash 23 Pnrnlns beyond capital and all oil liabilities 115466 67 45979 19 Total 541 92 70 68 15719 38 207658 4S 6187 77 39592 65 432 20 46212 62 161445 86 24 Abrogate amount of all liabilities including capita paid up and net surplus 207658 48 TvTneome During the Year 1 ross premiums on risks written and re newed during the year 91 o71 cn Entire premiums collected during the vear 9lo71 90 S Deduct reinsurance and return premiums 31062 65ComptrollerGenerals Beport 23 9 Net cash actually received for premiums carried ont 10 Received for interest on bonds and mort 8531 22 209 25 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 1500 mill notes 46075 deferred payments on stock 22264 total 1757 96 683 39 Total 13 Received for increase surplus 28850 for increase capital 5770000 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses 21448 00 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous years and all amounts actually received for reinsurance in other companies total deductions 2782 39 Net amount paid during the year for losses 6 Paid for commissions or brokerage less reinsurance 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 Other mis cellaneous expenses of every description of home office Aggregate amount of actual expenditures during the vear in cash 10987 57 86550 OH 157746 82 18665 61 10545 09 8898 DO 1086 23 7431 77 46626 70 AMERICAN DRUGGISTS FIRE INSURANCE CO OP CINCINNATI O Chas H Avery President Frank H Freericks Secretary Principal Office Mercantile Library Building Cincinnati O T H Couper Attorney for the Service in Georgia ICapital Whole amount of capital stock 200 000 00 2 Amount paid up in cash ComptrollerGenerals Report IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 12 Cash in company prinVipai officeVi0000 27823 M 13 Cash belonging to the company deposited m M estern German Bank Cincinnati O 4385 50 Total cash items 15 Interest due and accrued on bonds notincluded in W 5 ket value uncollected 17 Cash in hands of agents nnrl 11 4338 17 5 04 Total assets of the company actual cash market value 295290 67 HILiabilities Gross premiums without any deduction received and receivable upon all fire risks running one year or less from date of policy 6359937 unearned premi ums fifty per cent s Q0 pQ 8 Gross premiums without any deduction received and receivable upon all unex pirea fire risks running more than one year from date of policy 2697 24 unearned premiums pro rata 1 621 07 11 Total earned premiums as computed above carried 17 Due and accnied for salaries rent advertn and for 3342 agency and other miscellaneous expenses lm n7 tingeiit due and to become due admitted and con ted viz State county and municipa taxes aecrTd l070 93 TtaynntofaniiabnitexceptcapitarstockrscHp 3616S uiii net surplus J 21 Joint stock capital actually paid up incash 36168 6 8s beyond capital and al otwlSie 24 Aggregate amount of all liabilities including capital paid up and net surplus 8 Pai paid Tv T 295290 67 IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years state ment 6454 05CompteolleeGenebals Repobt 25 2 Deduct amount of same not collected and charged off 62 50 3 Net collected 6392 15 4 Gross premiums on risks written and re newed during the year 66296 69 5 Total 7268884 6 Deduct premiums and bills in course of collection at this date 8258 60 7 Entire premiums collected during the year 64430 24 8 Deduct reinsurance and return premiums 1629 97 9 Net cash actually received for premiums carried out A 10 Eeeeived for interest on bonds and mortgages less 34046 interest accrued on bonds acquired in 1910 11 Eeeeived 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 Eents subrental 1500 stock transfers 1125 fire loss claims included in 1909 withdrawn in 1910 1976 office furniture and fixtures 62400 increase in book value of bonds 4640 collected previously charged off 3750 total 15 Aggregate amount of income actually received during the year in cash 62800 27 10548 96 208 74 753 91 74311 88 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 101976 losses occurring in pre vious years 1i770 30 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 Adjusters ex penses 64249 rent 48000 advertising stationery etc 310783 postage etc 105009 general ex penses 65560 furniture and fixtures 62400 agents balances charged off 10000 decrease in book value of bonds 87595 total 16770 30 12000 00 8085 40 8849 13 3156 44 6660 01 Aggregate amount of actual expenditures during year 56397 2926 ComptbollebGenebals Eepobt AGBICULTUBAL FIRE INSURANCE COMPANY NEW YORK OF WATERTOWN W H Stevens President Principal Office 203 Washington St Watertown eetary Nomas I Lynch Atlanta Attorney for Service in Georgia atertown N Y ICapital Whole amount of capital stock 2 Amount paid up iM cash 500000 00 100101 io I Assets 1 Market value of real estate owned by iv the company i less the amount of incumbrances thereon lM2v bnd aBd m0rtgage corded and bein first bens on the fee simple 8 3 Interest due on all said bond and mortgageloans 33570 interest accrued thereon 856253 total i a ue of lands mortgaged exclusive of buildings and perishable improvements 549 38 neofbnIMJng mortgaged insured for ol46500 as collateral Total value of said mortgaged premises carried inside 86 00 591790 00 value 1141170 00 d bond e company earned out at market ZT value of sto 35855 00 721414 11 8898 2 2089743 on I and market value and amount loaned there Oakh ni companys principal office 13 ash bel pal omce onging to the company deposited bank on 316614 01 8089 04 280744 00 Total cash items aewned on bonds not included 15 Interest due and market value nncollected i6XerM 17 Cash fa hands of agents andin course of transmission AI1 111 real and personal viz Due 1T 0th r reinsurance on osses bank balances 57778 total 288834 00 20647 78 8771 25 269304 21 Total assets of the company actual cas 1722 SO 11 market value 3761805 29ComptrollerGenerals Report 27 IIILiabilities 1 Losses due and unpaid4 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 4 Total gross amount of claims for losses 40070 90 t06346 70 19658 25 166075 85 5 Deduct reinsurance thereon 32299 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 97601600 un earned premiums fifty per cent 488008 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 242929300 unearned premiums pro rata 1279206 00 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19 All other demands against the company absolute and contingent due and to become due admitted and contested viz Reinsurance 1969739 accrued taxes 3500000 reserve for contingencies 100 00000 total 133776 75 1767214 00 5517 88 154697 39 20 Total amount of all liabilities except capital stock scrip and net surplus 2061206 02 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 1200599 27 4 Wgregate amount of all liabilities including capital paid up and net surplus 3761805 29 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 282306 37 3 Net collected 282306 37 4 Gross premiums on risks written and re newed during the year 2521808 41 5 Total 2804114 78CompTKOlleEGeNEEals Repoet 6 Deduct premiums and hill i collection at thisda CUrSe f 269304 21 7 Entire premiums collected during the duct reinsurance re Wg jj Net cash actually received f from all other sces my in 250000 profit and crease if any i 7 sources omitting in nnJ I 1D vaIe of securities vi2 entS 34432 89 120201 00 7 j Joss items 4682643 total 15 A ggregate amount of income actuallv he year in cash Anally received during 49326 43 VExpenditures During t 1889534 09 g the Year 1 in oss amount actually paid for losses in eluding 13264733 losses occurring1 previous years g Deduct all amounts aciuaily vedfor St wheter ia t or of previous year 809598 and a 1 amounts actually received for re insurance m other companies 206 45479 total deductions 214550 77 Net amount paid during the year for i Cash dividends actualh paid toe17 746843 45 1 rni htare national and locql t other States caI taxes ln this and 75000 00 376638 47 9 All other payments and expenditures viz Los oss ad justments board tivao sundries advertising printing and 116283 07 65346 38 176000 65 Aggregate amount of actual evnp rt in cash expenditures during the year 1556112 0 Fro manne and inland risks written lomiums received gross 1799600 00 Lossps Paid 24 748 9 Losses incurred 16842 47 21918 03 ComptrollerGeneral s Report 29 AMERICAN UNION FIRE INSURANCE CO OF PHILADELPHIA PA James F Stone President Richard G Oellers Jr Secretary Principal Office 331337 Walnut St Philadelphia Pa ICapital 1 Whole amount of capital stock 2 Amount paid up in cash IIAssets 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 Franklin Natl Bank Philadelphia Pa 135225 00 Northern National Bank Philadelphia Pa Quaker City Natl Bank Philadelphia Pa West Branch Nat 1 Bank Williamsport Pa Excelsior Trust Co Philadelphia Pa West End Trust Co Philadelphia Pa Mutual Trust Co Philadelphia Pa Tradesmens Trust Co Philadelphia Pa 500000 00 500000 00 162458 76 74505 00 21746 34 63000 00 5762 92 3645 00 2106 47 134614 87 Interest on above at 2 per cent 440605 60 1048 59 Total Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncollected Initial surplus unpaid Deduct initial surplus unpaid not admitted Total assets of the company actual cash market value 111Liabilities 21 Joint capital stock 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 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources bank deposits Initial surplus paid in to date 441654 19 604112 95 2495 83 293636 62 900245 40 293636 62 606608 78 500000 00 106608 78 606608 78 1048 59 106363 38W ComptrollerGenerals Report 15 Aggregate amount of income actually received during the year m cash 10741 97 VExpenditures During the Year 9 All other payments and expenditures viz Accrued in terest paid on securities acquired in excess of amount received Bonus to State of Pennsyivania and fees on grant of charter 1731 67 Aggregate amount of actual expenditures during the year in cash 6 Organization expenses paid out of specialfundforthe purposf ATLANTIC NATIONAL FIRE INSURANCE COMPANY OP GEORGIA Geo Dole Wadley President rn T r Ti John J McKav Seeretnrv Principal Office 56 Mulberry St Macon Qa T LCapital 1 Whole amount of capital stock A20o0ooao woon HAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 17 000 On 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 ifJJ J 4 Value of lands mortgaged exclusive of 9 buildings and perishable improvements 64 250 00 alue ot buildings mortgaged 87j25n 00 6 Total value of said mortgaged premises o TotflTrried inde 151500 00 9 Tot I par and market value of stocks and bonds owned absolutely bv the company carried out at market 11 Amount loanedon stocks bond ad all other securities 16866 except mortgages iashinp iw oo 13 Cash belonging to the company deposited m banks viz American National Bank Macon Cxa 7828 91 Citizens NaComptrollerGenerals Report 31 tional Bank Maeon Ga 814815 Commercial National Bank Macon Ga 845138 Fourth National Bank Maeon Ga 824201 Merchants Bank Augusta Ga on interest 194227 Jackson National Bank Jackson Ga 86467 State Savings Bank Charles ton S C 42698 total Time certificates of deposit on interest Jackson Banking Co Jackson Ga 555000 City National Bank Dublin Ga 350000 National Bank of Tif ton Tifton Ga 100000 Ashburn Bank Ashburn Ga 20000 Commer cial Bank Unadilla Ga 200000 Exchange National Bank Fitzgerald Ga 45000 Jackson National Bank Jackson Ga 357000 total Total amount in banks Dec 31 1910 35904 37 1627000 52174 Total eash items 15 Interest due and accrued on stocks and bonds not in cluded in market value uncollected 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmission Ml other assets both real and personal viz Accrued interest on bank certificate of deposit Due from other companies for reinsurance premiums Total assets of the company actual cash market value 52074 39 721 02 15 88 23614 92 620 43 8 54 333048 56 IIILiabilities 0 Net amount of unpaid losses 7 Gross premiums without any deduction re ceived and receivable upon all unex pired fire risks running one year or less from date of policy 4725564 un earned premiums fifty per cent 8 Gross premiums without any deduction received and receivable upon all un expired fire risks running more than one year from date of policy 55589 74 unearned premiums pro rata 4562 39 23627 82 35429 46 11 Total unearned premiums as c out omputed above carried 59057 2832 ComptrollerGenerals Report 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Due other companies for reinsurance premiums 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 126 710 94 8 Deduct reinsurance and return premiums 55 765 19 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 1 Income received from all other sources omitting increase if anj in value of securities viz Rents 940 00 investments 128198 total siT Tf m796m surplus account dd208dl total 15 Aggregate amount of income actually the year in cash received during vExpenditures During tl 1 Gross amount actually paid for losses 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 166263 and all amounts actually received for reinsur ance in other companies S48169 to tal deductions ie Year 50163 80 10144 3l 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 emplovees Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Traveling advertising and expenses 635951 rent 60000 PgHin7S PRtage teh ald Phone 175569 furmture and fixtures 51758 maps 1849 34 200000 00 67579 55 333048 56 70945 75 1152 65 8484 69 1521 98 96005 00 178110 07 40019 48 241 97 17534 96 5421 57CompteolleeGteneeals Repoet 33 13175 underwriters association 41483 exchange fuel lights office supplies mercantile agencies 4 45672 total 19007 79 10 Adjusting expenses 1302 95 Aggregate amount of actual expenditures during the year in cash 89528 72 VIBisks and Premiums Premiums Fire Kisks Thereon In force Dec 31 1909 4793636 00 99110 19 2 Written or renewed during 1910 7899280 00 126710 94 3 Total 12692916 00 225821 13 4 Deduct those expired and marked off as terminated in 1910 5469973 00 96182 96 5 In force at end of year 1910 7222943 00 129638 17 6 Deduct the amount reinsured in other com panies 1830000 00 26792 79 7 Net amount in force 5392943 00 102845 38 8 Greatest amount insured in any one risk 5000 00 Business in the State of Geoigia During the Year Fire marine and inland risks written 4458252 00 Premiums received gross 72330 21 Losses paid 22452 46 Losses incurred 21406 80 ATHENS MUTUAL EIRE INSURANCE CO OP ATHENS GEORGIA M Stern President E B Dixon Secretary Principal Office Athens Ga ICapital Purely MutualNo Capital Stock IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 16405 00 12 Cash in companys principal office 315 88 13 Cash belonging to company deposited in Bishop Banking Co 6390 Athens Savings Bank 276425 total 3144 0334 ComptrollerGenerals Report 15 Interest due and accrued on bonds not included in mar ket value uncolleeted TW lh mpanv Miial aih marhi IHLiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses Losses resisted 4182 59 500 00 6 Net amount of unpaid losses 14 Amount of dividends declared but not yetdue Due reinsurance company Total Surplus beyond capital an 24 Aggregate amount of all liabiliti Total 23 Surplus beyond capitaland all otheriiabimies ies including capital paid up and net surplus IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years state ment 3 Net collected 4 Gross premiums on risks written and re newed during the year 10144 40 10144 40 71 514 21 5 Total 6 Deduct Premiums andbillsincoursed collection at this date 7 Entire premiums collected during ihe year 8 Deduct remittance and return premiums olLf fntOTMt and dids on stocks andToids collateral loans and all other sources Local agency profits 9 87658 62 12328 44 75330 18 14744 74 61 01 12328 44 980 99 3522 34 36441 81 4682 59 1362 53 691 77 4000 00 134 39 10871 28 25570 53 36441 81 60585 44 1268 84 7S3 34 ComptrollebGenerals Repobt 35 15 Aggregate amount of income received during the year in cash 62047 62 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 1113448 losses occurring in previous years 41082 22 Net amount paid during the year for losses 41082 22 4 Cash dividends actually paid policyholders 5495 77 6 Paid for commissions or brokerage expenses salaries fees and other charges of officers clerks agents and all other employees 20595 92 8 Paid for state national and local taxes in this and other states 2489 42 Aggregate amount of actual expenditures during the year in cash 69613 33 Business in the State of Georgia During the Year Fire marine and inland risks written 3352508 00 Premiums received gross 71514 22 Losses paid 41082 22 Losses incurred 33626 36 ATLAS ASSURANCE CO LTD OF LONDON ENGLAND Frank Loch Manager Principal Office 100 AYilliam Street New York 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 incumbrances thereon 60000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1916840 0 12 Cash in companys principal office 1911 81 13 Cash belonging to the company deposited in bank 184480 14 Total cash items 186391 95 15 Interest due and accrued on stocks not included in mar ket value uncolleeted 19739 15 17 Gross premiums in course of collection on policies written within three months 376949 1036 ComptbollebGenebal s Repobt All other assets both real and personal as per schedule attached viz Rents due and accrued 27117 for rein surance on losses already paid 421660 total 4487 77 Total assets of the company actual cash market value 2564407 97 IIILiabilities 1 Losses due and unpaid 6881 45 2 Gross losses in process of adjustment ot in suspense including all reported and supposed losses 145561 93 3 Losses resisted including interest costs and other expenses thereon 7582 68 4 Total gross amount of claims for losses 160026 06 5 Deduct reinsurance thereon 15841 53 6 Net amount of unpaid losses 144184 53 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 124088448 un earned premiums fifty per cent 620442 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 162748996 unearned premiums pro rata 886393 97 11 Total unearned premiums as computed above carried out 1506836 21 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous purposes estimated 5000 00 State county and municipal taxes esti mated 38000 00 Commissions brokerage etc due and to become due 7538982 and reinsur ance 2938479 total 104774 61 142774 61 Total 1798795 35 23 Surplus beyond all other liabilities 765612 62 24 Aggregate amount of all liabilities including capital paid up and net surplus 2564407 97ComptbollebGenebals Eepoet 37 IVIncome During the Year 1 Gross premiums and bills in course of collection at the close of last previous year as shown by that years statement 354950 16 2 Deduct amount of same not collected 21 89 3 Net collected 354928 27 4 Gross premiums on risks written and re newed during the year 2370564 80 5 Total 2725493 07 6 Deduct premiums and bills in course of collection at this date 383622 16 7 Entire premiums collected during the year 2341870 91 8 Deduct reinsurance and return premiums 543212 63 9 Net cash actually received for premiums carried out 1798658 28 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 74481 49 agents balances previously chaTged off 63248 12 Income received from all other sources omitting increase if any in value of securities viz Rents 246940 total 3101 88 14 American branches of foreign companies will please report amount of remittan ces from home office during the year 414750 39 15 Aggregate amount of income actually received during the year in cash 1876241 65 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 10560616 losses occurring in previous years 990451 03 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 2430590 and all amounts actually received for rein surance in other companies 8104808 total deductions 105353 98 Net amount paid during the year for losses 885097 05 6 Paid for commissions or brokerage 361960 90 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 139280 86 8 Paid for state national and local taxes in this and other states 542913038 ComptbollerGenebal s Repoet 9 All other payments and expenditures viz Bents 15 79606 L Board 2934804 advertising printing sta tionery 1749842 maps 570353 postage 15 64432 traveling 3692862 repairs and improved real estate 296149 office expenses 1374521 Total 137625 69 10 American branches of foreign companies will please report amount sent to home offices during the year 39601170 Aggregate amount of actual expenditures during the year 1578255 80 Business in the State of Georgia During the Year Fire marine and inland risks written 4232850 00 Premiums received gross 50385 05 Losses paid 18968 10 Losses incurred 20788 10 ATLANTA HOME FIRE INSURANCE COMPANY OK ATLANTA GA Joel Hurt President Dowdell Brown Secretary Principal Office 223 Equitable Bldg Atlanta Ga 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 3 Interest accrued on all said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 101500 00 5 Value of buildings mortgaged insured for 580000 as collateral 7000 00 6 Total value of said mortgaged premises carried inside 138500 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 420 85 13 Cash belonging to the company deposited in banks viz Lowry National Bank 150101 Atlanta National Bank 4 54339 78 63 29 456450 00ComptrollerGenerals Report 39 51833 American National Bank Ma con Ga 750629 Citizens First Na tional Bank Albany Ga 150000 total 15025 63 Total cash items 15 Interest due and accrued on stocks not included in market value uncollected 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Due from reinsurance companies 4210 interest accrued on bonds and deposits in banks 198792 total 15446 48 3745 00 37713 75 2030 02 Total assets of the company actual cash market value 569788 32 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 39760 00 3 Losses resisted including interest costs and other expenses thereon 2050 00 4 Total gross amount of claims for losses 41800 00 5 Deduct reinsurance thereon 7226 00 6 Net amount of unpaid losses 7 Gross premiums without any deduction re ceived and receivable upon all unex pired fire risks running one year or less from date of policy 13071768 un earned premiums fifty per cent 65358 84 8 Gross permiums without any deduction received and receivable upon all un expired fire risks running more than one year from date of policy 112925 16 unearned premiums pro rata 62908 22 34584 00 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 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 ac crued 177466 underwriters boards accrued 91387 commissions due and accrued 103398 total 20 Total amount of all liabilities except capital stock scrip and net surplus 128267 06 592 96 3722 51 107166 5340 CompxbolleeGeneeal s Bepobt 21 Joint stock capital actually paid in cash 23 Surplus beyond capital and all other liabiliti 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 38427 96 3 Net collected 4 Gross premiums on risks written and re newed during the year 38427 96 261559 10 5 Total a 6 Deduct premiums and bills in course of collection at this date 299987 06 37713 75 7 Entire premiums collected during the 262273 31 86503 92 8 Deduct reinsurance and return preniiur 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 15 Aggregate amount of income actually received during the year in cash t VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 16504 00 losses occurring in previous years 103312 59 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 144371 and all amounts actually received for reinsur ance in other companies 1470209 to tal deductions 16145 80 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 700000 200000 00 202621 79 569788 32 175769 39 3799 31 17033 42 153 44 196755 56 S 7166 79 14000 00ComptrollerGenerals Report 41 0 Paid for commissions or brokerage 33778 74 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 16150 17 8 Paid for State national and local taxes in this and other States 8972 31 9 All other payments and expenditures viz Adjusting expenses 158211 advertising 110282 printing and stationery 254278 rent 163980 postage telegrams telephone and express 157199 furniture 22065 maps 88975 underwriting board 16817 general expenses 160840 exchange 11704 total 12956 51 Aggregate amount of actual expenditures during the year in cash 173024 52 V1Miscellaneous Premiums Fire Risks Thereon hi force on the 31st day of December 1909 19355195 00 263520 9S 2 Written or renewed during 1910 19898867 00 261559 10 3 Total 39254062 00 525080 OS 4 Deduct those expired and marked off as terminated in 1910 17716857 00 253740 81 5 In force at end of year 1910 21537205 00 271339 27 6 Deduct the amount reinsured in other companies 3208411 00 26696 43 7 Net amount in force 18328794 00 244642 84 8 Greatest amount insured in any one risk 35000 00 Business in the State of Georgia During the Year Fire marine and land risks written 4215790 00 Premiums received gross 72362 40 Losses paid 26552 23 Losses incurred 426 8 19 AUGUSTA FIRE INSURANCE COMPANY OF AUGUSTA GEORGIA Thomas T Barrett Jr President W D Deane Secretary Principal Office Johnson Bldg Augusta Ga ICapital 1 Whole amount of capital stock 150000 00 2 Amount paid up in cash 116900 0042 CompthollekGtenebals Repokt IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 13 Cash in banks Georgia Railroad Bank 1500 00 Augusta Savings Bank 1588 59 Merchants Bank 2432 97 IrishAmerican Bank 2319 86 Union Savings Bank 1736 78 Citizens Bank 500 00 11078 20 Less over check National Exchg Bank 46 31 Total cash items f 15 Interest due and accrued not included in market value uncollected 17 Cash in hands of agents and in course of transmission not over three months due Total assets of the company actual cash market value 213270 00 11031 S9 3450 31 9160 46 236912 66 11TLiabilities 1 Losses due and unpaid 20 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 20 00 4 Total gross amount of claims for losses 20 00 6 Net amount of unpaid losses 20 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 1358047 unearned premiums fifty per cent 4089 79 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one from date of policy 244599 unearned premiums pro rata 1752 60 11 Total unearned premiums as computed above carried out 5842 39 Due Reinsuring companies 2 018 98 Total 7 81 37 ComptrollerGenerals Report 43 21 Joint stock capital actually paid up in cash 116900 00 23 Surplus beyond capital and all other liabilities 112131 29 24 Aggregate amount of all liabilities including capital paid up and net surplus 236912 66 IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 16079 24 7 Entire premiums collected during year 16079 24 8 Deduct reinsurance and return premiums 5661 56 9 Net cash actually received for premiums carried out 10417 68 11 Received for interest and dividends on stocks and bonds collateral loans and from all Other sources 1211 98 15 Aggregate amount of income actually received during the year in cash 11629 66 VExpenditures During the Year 1 Gross amount actually paid for lesses 72 00 Net amount paid during year for losses 72 00 6 Paid for commissions or brokerage 1185 97 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 4396 66 8 Paid for state national and local taxes in this and other states 272 70 9 All other expenses viz Organization expenses paid ad vertising stationery postage legal fees clerks and rents 2481 16 Aggregate amount of actual expenditures during the year in cash 8408 49 Business in the State of Georgia During the Year Fire marine and inland risks written 1349590 00 Premiums received gross 16079 24 Losses paid 7 00 Losses incurred 92 00 BOSTON FIRE INSURANCE COMPANY OP BOSTON MASS Ransom B Fuller President Freeman Nickerson Secretary Principal Office 137 Milk St Boston Mass V L Wilson Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 CO 2 Amount paid up in cash 1000000 0044 ComptrollerGenerals Eeport IIAssets 1 Market value of real estate owned by the company less the amount of incumbranees 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 3 20000 interest accrued thereon 253199 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 654500 00 5 Value of buildings mortgaged 526 900 00 6 Total value of said mortgaged premises carried inside 1181400 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 11 Total par and market value and amount loaned thereon 53600 00 Less loan on persona property 3 000 00 Total 12 Cash in companys principal office 13 Cash belonging to the company deposited in banks First National Bank Bos ton 23880295 Commercial National Boston 2974255 Norfolk Trust Co Brookline Mass 5000000 Chase Na tional New York 3671132 National Mech Bank Bait O 99606 Baring Bros Co Ltd London 3273005 total 25272 00 388982 93 Total cash items 14 Amount of premium notes upon which policies have been issued premiums unpaid not over 3 mos in arrears 15 Interest due and accrued on stocks not included in market value uncollected 16 Interest due and accrued on collateral loans and un collected 18 Bills receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Notes receivable 90000 Atlantic Mutual script 22000 Reinsurance return premiums 11857 total 34000 00 619800 00 5731 99 4769345 00 50600 00 414254 93 497665 98 19448 58 77 00 58121 20 1238 57 Total assets of the company actual cash market value 6470283 25 TTTLiabilities 1 Losses due and unpaid 17890 81CompteollebGenebabs Repoet 45 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 losses3 5 Deduct reinsurance thereon 429718 52 43099 43 490708 76 87300 37 6 Net amount of unpaid losses 7 Gross premiums without any deduction re ceived and receivable upon all unex pired fire risks running one year or less from date of policy 99339053 un earned permiums fifty per cent 8 Gross premiums without any deduction received and receivable upon all un expired fire risks running more than one year from date of policy 1616 73277 unearned premiums pro rata 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 1 07429027 50 53714514 32 56341 100 3256341 total 466695 26 908693 90 56970855 11 Total unearned premiums as computed above carried out 16 Cash dividends to stockholders remaining unpaid due Jan 1 1911 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19 All other demands against the company absolute and contingent due and to become due admitted and contested viz State county and municipal taxes due or 26390 00 accrued Commissions brokerage and other charges due to agents and brokers fil 509 01 Total 20 Total amount of all liabilities except capital stock scrip and net surplus n Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 403408 39 1945097 71 50000 00 2858 23 87899 01 2489263 34 1000000 00 2981019 91 24 Aggregate amount of all liabilities including capital paid up and net surplus 6470283 2546 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement j ComptbollebGexekals Beport IVIncome During the Year Fire Marine Inland 254347 49 258139 59 3 4 Net collected 254347 49 258139 59 Gross premiums on risks written and renewed dur ing the year 2462137 90 2053503 22 7 Total 2710485 39 2311642 81 Deduct premiums and bills in course of collection at this date 265590 06 312815 74 Entire premiums collected during the year 2450895 33 1998827 07 Deduct reinsurance and re turn premiums 959288 72 479 286 77 10 11 12 15 Net cash actually received for premiums carried out 1491606 61 1519540 30 3011146 91 Received for interest on bonds and mortgages 30701 97 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 215092 55 Tncome received from all other sources omitting in crease if any in value of securities viz Dividends on stocks in liquidation profit home office agency and sale of stock 5696 15 1 2 Aggregate amount of income actually received during the year in cash 3262637 58 VExpenditures During the Year Fire Marine Inland Gross amount actually paid for losses including 24584617 losses occur ring in previous years 1060655 26 1093765 59 Deduct all amounts actu ally received for sal vages whether on losses of the last or of pre t ious year 7407443ComptrollerGenerals Eeport 47 and all amounts actually received for reinsurance in other companies 14996155 discount 127482 total deduc tions 278127 90 247182 90 Net amount paid during the year for losses 782527 36 846582 69 1629110 Oo 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 300000 00 6 Paid for commissions or brokerage 666268 19 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 238o23 a 7 8 Paid for State national and local taxes in this and 57389 92 other States 9 All other payments and expenditures kssresate amount of actual expenditures during the ss s 3056484 26 year m cash v Business in the State of Georgia during the year Marine and inland risks written Premiums received gross Losses paid Losses incurred 405695 00 5355 03 1505 81 280 81 BRITISH AMERICA ASSURANCE COMPANY OF TORONTO CANADA W B Meikle General Manager P H Sims Secretary Principal Office 18 and 20 Front Street East Toronto Canada ICapital Whole amount of capital stock deposit capital 10000 00 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 12 Cash in companys principal office 13 Cash belonging to the company deposited in banks Canadian Bank of Commerce New York 13712870 United States Mortgage Trust Co New York 19 95000 total 157078 70 1280727 34 Total 157881 58ComptrolleeGenebals Eepoet 15 Interest due and accrued on stocks not included in mar ket value uncollected 17 Cash in hands of aeents aa t1 19536 23 For MiJ g and ln eourse of transmission 171 36 na or reinsurance on losses already paid 1 15 Total assets of the company actual cash market value 1629509 32 HILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 102 699 99 3 Losses resisted including interest costs and other expenses thereon IS 41 n 4 Total gross amount of claims for losses ne 151 79 5 Deduct reinsurance thereon loS 00 6 Net amount of unpaid losses 7 Gross premiums without any deti 412 received and receivable upon all unex pired fire risks running one year or less from date of policy 70180S 8 un earned premiums fifty per cent 350904 09 8 Gloss premnnns without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 840 268 18 unearned premiums pro rate 436942 85 11 Totaunearned premiums as computed Td 17 Due and accrued for salaried VenY ad ani for 787846 94 agency and other miscellaneous expenses 1U n Accrued taxes 31M 07 Commission due agents 35506 24 45545 59 Total 21 Joint stock capitaiacVuaiiypaidupWca1 2 z 23 Surplus beyond capital and all other liabilities 1 24 Aggregate amount of all liabilities including capital paid up and net surplus 1629509 32 Iv Income During the Year 1 rOD Fire Marine and Inland 1 Gross premiums and bills in course of collectionComptrollerGenerals Report 49 5 at close of last previous year as shown by that years statement 152685 31 Net collected 152685 31 Gross premiums on risks written and renewed dur ing the year 1406269 95 81 71 81 71 18 73 Total 1558955 26 Deduct premiums and bills in course of collection at this date 173810 83 100 44 Entire premiums collected during the year 1385144 43 Deduct reinsurance and re turn premiums 469205 95 100 44 9 11 15 Net Cash actually received for premiums carried out 915938 48 100 44 Received for interest and dividends on stocks and bonds collateral loans and from all other sources Agents balances previously charged off Aggregate amount of income actually received during the year in cash VExpenditures During the Year Gross amount actually paid for losses including 7756546 losses occur ring in previous years 534137 22 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1703141 and all a mounts actually received for reinsurance in other companies 5964106 to tal deductions 65732 76 916038 92 57950 97 260 51 974250 40 11411 82 10939 71 Net amount paid during the year for losses 468404 46 472 11 468876 5750 ComptrollerGenerals Eeport 6 Paid for commissions or brokerage 214 490 IS 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 52173 01 8 Paid for state national and local taxes in this and other states 30113 00 9 All other payments and expenditures viz Adjustments advertising boards exchange legal maps postage printing supervision telegraph and express office ex penses etc 103783 45 10 American branches of foreign companies will please report amount sent to home offices during the year 71483 00 Aggregate amount of actual expenditures during the year in cash 945 904 21 Business in the State of Georgia During the Year Fire marine and inland risks written 1265506 00 Premiums received gross is 646 60 Losses paid 7210 06 Losses incurred 7 529 21 CALEDONIAN FIRE INSURANCE COMPANY OF SCOTLAND Chas H Post TJ S Manager E C Christopher Asst U S Mgr Principal Office in TJ 8 5052 Pine St New York N Y C S Mathews Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 26S7500 00 2 Amount paid up in cash 537500 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbranees thereon 525 000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1200440 00 12 Cash in companys principal office 199 79 Total 155906 41 Total cash items 15g ipg 20 15 Interest due and accrued on stocks not included in mar ket value uncollected g 521 67ComptrollerGenerals Report 51 17 Cash in hands of agents and in course of transmission 206669 90 Due from other companies for reinsurance on losses already paid 2ls2 27 Total assets of the company actual cash market value 2098870 10 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and and supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount for claims for losses 4 5 Deduce reinsurance thereon 63425 65 87265 21 21514 68 172205 54 31770 46 6 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 94268828 unearned 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 162713327 unearned premiums pro rata 471344 14 855404 38 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 con tested viz Taxes due or accrued 2000000 reinsur ance premiums 1995046 reserve for contingen cies 1000000 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 IVTncome During the Year 4 Gross premiums on risks written and re newed during the year 2034258 42 140435 08 1326748 52 2000 00 49950 46 1519134 06 579730 04 2098870 1052 ComptrollerGenerals Eeport 8 Deduct reinsurance and return premiums 565168 75 9 Net cash actually received for premiums carried out 1469089 67 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 52704 46 12 Income received from all other sources omitting increase if any in value of securities viz Rents 2356950 profit on realization of investments 313552 total 26705 02 15 Aggregate amount of income actually received during the year in cash 15484y9 15 VExpenditures During the Year 1 Gross amount actually paid for losses in eluding 10332891 losses occurring in previous years 837984 65 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 714197 and all amounts actually received for reinsur ance in other companies 9978813 to tal deductions 106930 10 Net amount paid during the year for losses 731054 55 6 Paid for commissions or brokerage 343619 61 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 101 157 43 8 Paid for state national and local taxes in this and other T fateS 45541 43 I011 7564950 Pad and doubtful debts charged off 1 793 07 Aggregate amount of actual expenditures during the year in Cash 1298815 59 Business in the State of Georgia During the Year Fire marine and inland risks written 1 253 890 00 Premiums received gross o0l75 51 ssespaid ase Losses incurred 6j996 63 CITIZENS FIRE INSURANCE COMPANY OF MISSOURI Chas E Chase President P D Crock g Principal Office Pierce Bldg St Louis Mo Thos Egleston Attorney for Service in Georgia ICapital 1 Whole amount of capital stock mm 0Q 2 Amount paid up m cash 200 000 00 CompteollerGeneeals Report IIAssets 2 Loans on mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said mortgage loans 5000 interest accrued thereon 81000 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 105800 00 5 Value of buildings mortgaged insured for 12775000 as collateral 151500 00 6 Total value of said mortgaged premises carried inside 457300 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 offices 2210 74 13 Cash belonging to the company deposited in banks National Bank of Commerce St Louis Mo 54499 00 Lowry National Bank Atlanta Ga 28 20096 Bankers Trust Company N Y 3056874 total 58769 70 Wells Fargo Nevada National Bank San Francisco Cal 243245 American Ex change National Bank Dallas Tex 36197 total 2794 42 Total cash items 15 Interest due and accrued on bonds not included in market value uncollected 16 Interest due and accrued on bank deposits uncollected 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Due from other companies for reinsurance on losses already paid Total assets of the company actual cash market value IIILiabilities 1 Losses due and unpaid 40633 5 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 139380 92 3 Losses resisted including interest costs and other expenses thereon 10196 49 4 Total gross amount of claims for losses 190210 46 5 Deduct reinsurance thereon 138455 18 53 102700 00 860 00 551277 50 118273 86 8805 00 322 05 99550 10 249 19 882037 70ComptbollerGeneral s Kepoht 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 38502900 un earned premiums fifty per cent 192314 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 49305400 unearned premiums pro rata Excess of original premiums over amount received for reinsurance 27206 266255 14 141 74 11 Total unearned out premiums as computed above carried 17 Due and accrued for salaries rent advertisingandfor agency and other miscellaneous expenses 20 Total a ount of all liabilities except capital stock serin and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 A ggregate amount of all liabilities including capital paid up and net surplus 51755 28 458911 38 6842 25 517508 91 200000 00 164528 79 882037 70 IVIncome During the Year n Fire Marine Tnland J Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 125 293 80 3 Net collected jog 093 gfi 4 Gross premiums on risks written and renewed dur inK the yar 2187557 21 206 98 5 Totnl 232285107 206 98 6 Deduct premiums and bills in course of collection at this dat1 127961 01 7 Entire premiums collected during the year cash 2194890 06 206 98ComptrollerGenerals Eepokt 55 8 Deduct reinsurance and re turn premiums 1628232 97 129 36 9 Net cash actually received for premiums carried out 566657 09 77 62 10 Beceived for interest on bonds and mortgages 11 Received for interest and dividends on stocks and from all other sources 15 Aggregate amount of income actually received during the vear in cash 566734 71 28725 28 1807 69 597267 68 VExpenditures During the Year Gross amount actually paid for losses in cluding 12902454 losses occurring in previous years 1140532 36 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1114403 and all amounts actually received for reinsur ance in other companies 81404150 total deductions 825180 53 Xet 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 ether 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 Boards and inspection 1099077 advertising legal maps 1 45888 adj expenses 555007 postage telegrams exchange 694987 printing and stationery 3644 16 rents 344023 office fixtures 35243 sundries 85281 total Agents balances charged off 42 37 315346 83 10 Aggregate amount of actual expenditures during the vear in cash 22000 00 99499 83 08184 72 26184 51 33239 22 564497 48 Business in the State of Georgia During the Year Fire marine and inland risks written 2150502 00 Premiums received gross Losses paid Losses incurred 15389 96 16827 1656 ComptbollebGtenebal s Eepobt CITY OF NEW YORK INSURANCE COMPANY OF NEW YORK N Y Major A White President Home Office 42 Cedar Street New York N Y ICapital J Carroll French Secretary 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance December 31 of previous year 1415877 77 4 Extended at 5 Gross premiums 6 Deduct gross amt paid for Reinsurance fire 168375 29 return premiums fire 17795123 total IIIncome 917753 27 346326 52 7 Total premiums other than perpetual 571426 75 i Accrued interest on mortgages acquired during 1910 4 11 Gross interest on bonds and dividends on stocks less 301703 accrued interest on bonds acquired during 1910 12 Gross interest on deposits in trust com panies and banks 1 7 Total gross interest and rents 19 Chase National Bank collateral loan c Stocks per Schedule D 28 Total income IIIDisbursements 1 Gross amount paid policy holders for losses in cluding 3068658 occur ring in previous years 2 Deduct amount received for salvage fire 710322 reinsurance fire 61 00326 discount fire 71694 total 302502 46 68823 42 1415871 571426 75 7375 19 38139 30 4148 03 49662 52 50000 00 2317 00 673406 27ComptrollerGenerals Eeport 57 3 Net amount paid policy holders for losses 233679 04 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage V i 7 Salaries 1174471 and expenses 1020464 of specral and general agents I 8 Salaries fees and all other charges of officers directors trustees and home office employees 233679 04 4756 23 108308 84 21949 35 51664 68 9 Bents including companys occupancy of its own build ings 11 Postage telegrams telephone and express 10 Advertising 164953 Printing and Stationery 6 45940 total 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters boards and tariff associations m Eire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees Municipal licenses 1314 29 24 Traveling expense 15g Q0 25 Mercantile agencies 5g 26 Miscellaneous expense 27 Chase National Bank collateral loan 50001 uu 28 Chase National Bank interest on loan 1590 43 483 33 34 Paid stockholders for interest or dividends amount declared during the year5000000 37 Agents balances charged off 38 b Bonds per Schedule D 40 Total disbursements IVLedger Assets 10317 50 6340 17 8108 93 625 79 658 32 6395 S3 3387 88 3436 08 1276 63 8240 77 5200 07 1590 43 54200 20 42500 00 599 85 3066 26 576303 05 2 Mortgage loans on real estate first Hens 24600000 other than first 246000 00 4 Book value of bonds 33436000 and stocks 77485413 g7 5 Cash in companys office 7 Deposits in trust companies and banks on interest 8 c Agents balances representing business written subsequent to October 1 1910 121215 88ComptbolleeGexeral s Report 9 d Agents balances representing busi ness written prior to October 1 1910 1440 36 la Total ledger assets as per balanceZZZZ7 152980 M NonLedger Assets 17 Interest due and accrued on mortgages 1 957 30 IS Interest due and accrued on bonds 58 f3 24 Total 7165 83 10 Gross assets 1520146 82 Deduct Assets Xot Admitted 34 Agents balances representing business written prior to October 1 1910 i ln R 37 Book value of ledger assets over market value viz bonds and stocks 776i4 3 39 79104 49 40 Total admitted assets 1441042 33 VLiabilities Gross losses adjusted and unpaid not yet due s 2 Gross claims for losses in courseof ad justment or in suspense including all reported and supposed losses r7 3 Gross claims for losses resisted JjJJ JJj 4 Total n 63760 00 5 Deduct reinsurance due or accrued 3232 9 6 Net amount of unpaid losses and claims OI T Gross premiums less reinsurance received ami receivable upon all unexpired fire risks running one year or less from late of policy interest premiums on perpetual fire risks 35419156 un earned premiums fifty per cent 177095 78 v Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one vear from late of policy 43341390 unearned premiums pro rata 000ComptrollerGenerals Beport 12 Total unearned premiums as computed above 18 Dividends declared and unpaid to stockholders 19 Salaries rents expenses bills accounts fees etc due or accrued 20 State county and municipal taxes due or accrued 22 Eeinsurance premiums 59 432318 31 12500 00 500 00 3000 00 37734 93 27 Total amount of all liabilities except capital 517581 Oo 28 Capital actually paid up in cash 29 Surplus over all liabilities 423461 28 31 Total liabilities Business in the State of Georgia During the Year 1441042 33 Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 780765 00 12772 04 2395 18 2756 18 COLUMBIA INSURANCE COMPANY OF JERSEY CITY NEW JERSEY Geo F Crane President Dean Secretary Principal Office 15 Exchange Place Jersey City JS J Wm A Wright Atlanta Attorney for Service in Georgia ICapital 1 Amount of capital paid up in cash 400000 00 2 Amount of ledger assets as per balance December 31st of previous year 4 Extended at 73S802 36 738802 36 ITTncome 5 Gross premiums 6 Deduct gross amount paid for reinsurance marine and inland 43813939 return premiums marine and inland 157 44929 total Marine Inland 897223 08 595588 68 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 23112 accrued interest on bonds acquired during 1910 301634 40 24523CompteollerGeneeals Eepoet 12 Gross interest on deposits in trust compa nies and banks 13 Gross interest from ail oihr sVuVc 1496 18 Cash dep Ontario Ins Dept 300 0Q 15 Total gross interest and rents 26320 06 28 Total income 327954 46 HIDisbursements 1 G7S 7 F Policyholders for lossef including 516800 occurring in pre vious years 2 Deduct amount received for saivagei m 31682 rme and inland 3980602 reinsur ance marine and inland 14930840 139124 42 Net amount paid policyholders for losses ommissions or brokeraoe 127677 60 6 Anzzto ocai sgies fv z 83697 32 7 Expenses of special and general agents XH 89 8 Salaries fees and all other eharees of nffiV 6655 13 12 Legal expenses 622 91 13 Furniture and fixtures 504 98 15 Underwriters boards and tariffassociations Ill 5 1 Inspections and surveys 678 32 20 State taxes on premiums 503 11 21 Insurance department licenses and fees 5862 65 Other disbursements 1214 94 24 Investment expenses 37 Agents balances charged off 62 50 TiSr IS1 1899 33 40 Total disbursements 242081 06 41 Balance 824675 76 IVLedger Assets 4 Book value of bonds 7 Deposits in trust companies and bankson 27 interest 1409 92ComptrollerGenerals Report 61 8 c Agents balances representing busi ness written subsequent to October 1 1910 6997755 9 d Agents balances representing busi ness written prior to October 1 1910 8021 02 13 Bonds special department 19608 14 Cash deposited Ontario department 10000 w 16 Total ledger assets NonLedger Assets 18 Interest accrued on bonds 7466 22 20 Interest accrued on other assets On cask deposited in Ontario 7528 72 22 Total 832204 48 28 Gross assets Deduct Assets Not Admitted 32 Agents balances representing business written prior to October 1 1910 8021 02 35 Book value of ledger assets over market value viz Bonds o4 2 36 On special deposit bonds 54383 29 37 Total 777821 19 38 Total admitted assets VLiabilities 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 814 u m x 8147 18 4 Total 8 147 18 6 Net amount of unpaid losses and claims 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired inland risks running more than one year from date of policy 286046 unearned premiums pro rata per re cap of risks and prem x 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired yearly navigation risks 27600041 unearned premiums fifty per cent 62 ComptrollerGenerals Report 10 Gross premiums less insurance cash and bills received and receivable upon all unexpired short term inland marine risks 173769 unearned premiums 100 per cent 1737 69 12 Total unearned premiums as computed above bills accounts fees etc dn or accrued ue 20 State county or municipal taxes due or accrued 19 Salaries rents expenses bills accounts fees etc dv m cS T0 a liabilities eaPital 28 Capital actually paid up in cash 29 Surplus over all liabilities 137530 34 500 00 5000 00 400000 00 226643 6 151177 52 30 Surplus as regards policyholders 31 Total liabilities Business in the State of G 626643 67 7721 19 eorgia During 1910 26 Gross risks written 27 Gross premiums on risks written m 00 28 Losses paid 29 Losses incurred 30 Gross amount of premiums without any deductions re eened for busness done in the State of Georgia in ending all insurance upon property situatedTsaid State during the calendar vear 1910 ATnt10f1 PrmimS aetay eduponpolicies cancelled during the calendar vear 90 is P upon property situated in the State of fie eorgia 3671 18 4100 17 4100 17 6882 76 3211 58 GOLTTMBIA FIRR INSURANCE COMPANY OP ATHENS GEORGIA T Y Garithers President Principal Office Southern Mutual Build A Andrew O Erwin Attorney for Serviced Geor H C Stockdell Secretary Ga eorgia LCapital 1 Whole amount of capital stock 100000 00 IIAssets TOabso1iuteiavaratrhet f M Md bo d absolutely by the company carried out at market value 131210 00 CompthollebGenebals Eepoet 63 13 Cash belonging to company deposited in National Bank of Athens Ga 3235 65 Citizens Bank Trust Co if443 02 City National Bank Dublin Ga 134 04 Exchange Bank Albany Ga 237 64 Total 15 Interest due and accrued on stocks and bonds not m eluded in market value uneollected 16 Interest due and accrued on collateral loans and un collected 17 Cash in hands of agents and in course of transmission Total assets of the company actual cash market value 5050 Co 955 32 2328 55 9364 40 210391 12 IIILiabilities 1 Losses due and unpaid 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 3349 82 400 00 3749 82 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fiTe risks running one year or less from date of policy 1690059 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 1317563 un earned premiums pro rata S450 29 9760 16 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to be come due admitted and contested viz Due to reinsurance companies 1 24336 due E F Moon special agent W C Pease cashier 2460 total Total 21 Joint stock capital actually paid up in cash 23 Surplus bevond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 3749 82 18210 45 1267 96 23228 23 100000 00 87162 89 210391 1264 ComptrollerGenerals Eeport IVIncome During the Year 1 Gross premiums on bills in course of col lection at close of last previous year as shown by that years statement 5857 54 3 Net collected 5887 54 4 Gross premiums on risks written and re newed during the year 36582 64 5 Total 42440 18 6 Deduct premiums and bills in course of col lection at this date 9 304 40 7 Entire premiums collected during the year 33075 78 8 Deduct reinsurance and return premiums 9600 53 9 Net cash actually received for premiums carried out 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 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 339742 losses occurring in pre vious years i523l 12 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 78732 and all amounts actually received for reinsur ance in other companies 56541 total deductions 1352 73 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 General ex pense stationery supplies and traveling expenses Aggregate amount of actual expenditures during the year in cash 23475 25 8912 23 32387 48 13878 39 3942 17 5861 49 782 50 3577 47 28042 02ComptrollerGtenerals Eeport Business in the State of Georgia During the Year 65 Fire marine and inland risks written 2027086 00 Premiums received gross 3658 Losses paid Losses incurred 13878 39 13665 38 COMMERCIAL FIRE INSURANCE COMPANY OP THE DISTRICT OF COLUMBIA W S Hoge President Paul F Grove Secretary Principal Office 525 11th St N W Washington D C ICapital 1 Whole amount of capital stock 2 Amount paid up in cash IIAssets 100000 00 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans 183 25 interest accrued thereon 170236 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 80848 00 5 Value of buildings mortgaged insured for 12139000 as collateral 127400 00 6 Total value of said mortgaged premises carried inside 208248 00 12 Cash in companys principal office 411 84 13 Cash belonging to company deposited in bank District National Bank 8869 78 Total cash items 17 Cash in hands of agents and in course of transmission 4 Total gross amount of claims for losses 6 Net amount of unpaid losses 3348 24 100000 00 25000 00 125925 00 1885 61 9281 62 9461 75 Total assets of the company actual cash market value 171 553 98 IIILiabilities 1 Losses due and unpaid 92 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3347 3 3348 24 66 ComptrollerGeneral s Report Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 3202533 un earned premiums fifty per cent Gross premiums without any deduction received and receivable upon all unex pired fire risks running moTe than one year from date of policy 2854980 un earned premiums pro rata 16012 66 15333 65 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 contested viz Eeturn premium 79649 commis sion 309294 insurance placed 3978 total 31346 l 1929 21 Total amount of all liabilities except capital stock scrip and net surplus 38623 76 Joint capital stock actually paid up in cash 100000 00 Surplus beyond capital and all other liabilities 32930 22 Aggregate amount of all liabilities including capital paid up and net surplus 171 553 93 IVIncome During the Yar Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 3 Net collected 4 Gross premiums on risks written and re newed during the year Total Premiums charged off Deduct premiums and bills in course of collection at this date 1111 04 9448 95 Total 7 9 10 Entire premiums collected during the year Deduct reinsurance and return premiums 1006 19 1006 19 48850 68 49856 87 10559 99 39396 88 6553 32 Net cash actually received for premiums carried out Beceived for interest on bonds and mort gages 6138 88 32843 5611 12 15 ComptrollerGeneral s Report 67 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 35 Income received from all other sources omitting increase if any in value of securities viz Rents 166000 1677 22 Total 7816 45 Aggregate amount of income actually received during the year in cash 40660 01 VExpenditures During the Year Gross amount actually paid for lasses 5096 84 Deduct all amounts actually received for reinsurance in other companies 278 02 Net amount paid during the year for losses 481 82 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6000 00 Paid for commissions or brokerage 9359 77 Paid for salaries fees and other charges of officers clerks agents and all other employees 4774 01 Paid for State national and local taxes in this and other States 588 53 All other payments and expenditures viz Rent ad vertising printing telephone legal expenses furni ture and miscellaneous expenses 2561 16 Aggregate amount of actual expenditures dining the year in cash 28102 29 VIRisks and Premiums Premiums Fire Risks Thereon In force on the 31st day of December 1909 4753207 00 35095 38 Written or renewed during 1910 5428131 00 48850 68 Total 10181338 00 83946 16 Deduct those expired and marked off as terminated in 1910 3112296 00 23371 03 In force at end of year 1910 7069042 00 60575 13 Deduct the amount reinsured in other com panies 49641100 4940 21 Net amount in force 657263100 55634 92 Greatest amount insured in any one risk 100000068 ComptrollerGeneral s Beport commercial union assurance co of london england A H Wray Manager Principal Office Corner Pine and William Sts New York D I Mclntyre Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 14750000 00 2 Amount paid up in cash 1475000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 14000 00 5 Value of buildings mortgaged 35000 00 888000 00 23000 00 56 25 6 Total value of said mortgaged carried inside 49000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4955200 00 12 Cash in companys principal office 4799 29 13 Cash belonging to company deposited in banks total 391738 63 396537 92 68254 00 1016477 74 93 60 9278 81 15 Interest due and accrued on stocks not included in mar kt value uncollected 17 Cash in hands of agents and in course of transmission 18 Bills receivable not matured taken for fire marine and inland risks All other assets both real and personal viz rents due and accrued Total assets of the company actual cash market value 7356958 32 hiLiabilities 1 Losses due and unpaid 33560 77 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 596324 51 3 Losses resisted including interest costs and other expenses thereon 50899 00 HiCompteolleeGenebal s Eepoet 69 4 Total gross amount of claims for losses 680784 28 5 Deduct reinsurance thereon 98439 97 6 Net amount of unpaid losses 582344 31 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 301813628 un earned premiums fifty per cent 1509068 14 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 391937076 unearned premiums pro rata 2056505 34 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 114338 23 10 Gross premiums without any deduction received and receivable upon all unex pired marine risks 127869 08 11 Total unearned premiums as computed above carried out 3807780 79 12 Eeclaimable on perpetual policies 94318 61 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 243674 00 Total 4728117 71 23 Surplus beyond capital and all other liabilities 2628840 61 24 Aggregate amount of all liabilities including capital paid up and net surplus 7356958 32 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 841808 95 101367 44 3 Net collected 841808 95 101367 44 4 Gross premiums on risks written and renewed dur ing the year 5510929 85 1462397 74 5 Total6352738 80 1563765 1870 ComptrollerGenerals Report C Deduct premiums and bills in course of collection at this date 895522 62 7 Entire premiums collected during the year5457216 18 a Deduct reinsurance and re turn premiums 1660154 15 295561 29 1268203 89 489579 84 9 Net cash actually received imnTs crrie7c7 10 Received for interest on bonds and mortgages 11 Received for interest and dividends on stocks and bonds lateral loans and from all other sources 12 Income received from all other sources omitting increase it any xn value of securities viz Rents 66149 71 gross profit on sale of bonds 1230058 total 14 American branches of foreign companies will please report amount ot remittances from home office during year 15 Aggregate amount of income actually received during the year in cash s 611355 09 843014 27 VExpenditures During the Year 1 Gross amount actually paid for losses including 83159600 losses occur ring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 12292442 and all a mounts actually received for reinsurance in other companies 65955039 total deductions 341 ggy 23 440807 68 Net amount paid during the year for losses 4 Adjustment expenses 6 Paid for commissions or brokerage 7 Paid for salaries fees and other chargesof of ficers clerks agents and all other employees 8 Paid for state national and local taxes inthisand other states 9 All other payments and expenditures vi Rentsadvertis ing printing stationery postage telegrams telephone express legal expenses furniture and fixtures maps underwriters boards inspection exchange decrease in book value of bonds loss on sale of bonds misce laneous total 4575686 OS 955 00 222309 99 78450 29 559186 85 5436588 21 2671894 45 57978 79 923671 34 252684 87 150366 77 292870 95ComptrollerGenerals Report 71 10 American branches of foreign companies will please report amount sent to home offices during the year 1063813 43 Aggregate amount of actual expenditures during the year xB cash 5413 280 6C Business in the State of Georgia During the Year Fire marine and inland risks written 10833369 00 3770049100 48533860 00 Premiums received gross 126093 33 223189 34 349282 67 Losses paid 73462 09 12279 51 198741 60 Losses incurred 66403 09 129258 23 195661 32 THE COMMONWEALTH EIRE INSURANCE COMPANY OF NEW YORK G Richards President Charles E Case Secretary Principal Office 76 Walliam St New York ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 500000 00 IIAssets 500000 00 Loans on bond and mortgage duly recorded and being first liens on the fee simple 337500 00 Interest accrued on all said bond and mortgage loans 2525 20 Value of lands mortgaged exclusive of buildings and perishable improvements 303500 00 Value of buildings mortgaged insured for 30100000 as collateral 244500 00 12 13 15 17 Total value of said mortgaged premises carried inside 548000 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1775050 00 Cash in companys principal office 183 84 Cash belonging to the company deposited in bank Corn Exchange Bank 25595 11 Total cash items Interest due and accrued on stocks not included in market value uncollected Cash in hands of agents and in course of transmission 25778 95 8443 34 98856 24 Total assets of the company actual cash market value 2248153 7372 ComptkollerGenebal s Eepoet IIILiabilities 1 Losses due and unpaid 4525 27 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 40474 00 3 Losses resisted including interest costs and other expenses thereon 6310 26 4 Total gross amount of claims for losses 51309 53 5 Deduct reinsurance thereon 3933 34 6 Net amount of unpaid losses 47376 19 7 Gross premiums without any deduction received and receivable upon all unes pired fire risks running one year or less from date of policy 52181141 un earned premiums fifty per cent 260905 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 57223986 unearned premiums pro rata 340964 68 11 Total unearned premiums as computed above carried out 601869 88 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 12000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 661246 07 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 1086907 66 24 Aggregate amount of all liabilities including capital paid up and net surplus 2248153 73 IVIncome During the Fear 4 Gross premiums on risks written and re newed during the year 1012964 22 5 Total 1012964 22 7 Entire premiums collected during the year 1012964 22 8 Deduct reinsurance and return premiums 301788 37 9 Xet cash actually received for premiums carried out 711175 85ComptrollerGenerals Report 10 Received for interest on bonds and mortgages 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from all other sources omitting in crease if any in value of securities viz Profit on sale of stock 15 Aggregate amount of income actually received during the year in cash 73 17124 76 75157 12 9992 19 813449 92 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 4135287 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 814566 and all amounts actually received for reinsur ance in other companies 3552426 to tal deductions 329397 14 43669 92 Net amount paid during the year fc Vjsses Loss on sale of stocks 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year Decrease by adjustment in book value of stocks 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Loss ex pense agency rent advertising postage etc legal furniture maps underwriters inspect and surveys Aggregate amount of actual expenditures during the vear in cash 285727 22 2515 62 50000 00 1 15 00 168358 35 49936 41 23991 52 36314 47 616958 59 VIMiscellaneous 8 Greatest amount insured in any one risk 3000000l ComptbollebGenebals Eepoet CONTINENTAL INSURANCE COMPANY OF NEW YORK Henry Evans President T v T tt K Lopez Secretary Home Office 46 Cedar Street New York N Y 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 22179680 65 3 Increase of paid up capital during the year 1000000 00 4 Extended at IIIncome 5 Gross premiums 6 Deduct gross amount paid for Reinsurance fire 626917 65 Return premiums fire 934480 97 17 Total gross interest and rents 19 The First Bulgarian Insurance Company reserve 20 Suspense for satisfaction piece on mort gage considered of no value and un listed 23179680 65 8869841 54 7 Total premiums other than perpetual 9 Gross accrued interest on mortgages ac quired during 1910 11 Gross interest on bonds and dividends on stocks less 702759 accrued interest on bonds acquired during 1910 12 Gross interest on deposit in trust com panies and banks ai9 J3 Gross interest from all other sources 16 Gross rents from companys property in eluding 4736635 for companys occu paney of its own buildings 7308442 92 137 50 686637 95 1003 72 134654 85 989747 77 7903 42 50 00 24 d 26 Gross profit on sale or maturity of ledger assets viz e Bonds per schedule D 17036 0Q c Stocks per schedule D 516 347 00 7953 42 533383 00ComptrollerGenerals Eeport 75 27 Gross increase by adjustment in book value of ledger assets viz b Bonds per schedule D 3952 00 c Stocks per schedule D 310350 00 28 Total income 314302 00 9153829 11 illDisbursements 1 Gross amount paid policyholders for losses including 43142081 occurring in pre vious years 3405474 59 2 Deduct amount received for Salvage fire 36762 23 Reinsurance fire 288923 04 Discount fire 3079739 13 3 Net amount paid policyholders for losses 3079739 13 4 Expenses of adjustment and settlement of losses Gross 106388 12 Reinsurance 6769 55 99018 57 1504790 90 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency expenses 7 Salaries 11974694 and expenses 9287418 of special agents and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 445600 So 9 Rents including 4736635 for companys occupancy of its own buildings 10 Advertising 3964286 printing and stationery 42 91631 809 u 11 Postage telegrams telephone and express 67740 19 12 Legal expenses 6gg3 13 Furniture and fixtures 16646 14 Maps including corrections 15 Underwriters boards and tariff associations P 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 7 nr 8606 si 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 19 Taxes on real estate 12V502 b 20 State taxes on premiums76 ComptbollebGenebals Eepoet 21 Insurance department licenses and fees 22 All other licenses fees and taxes Municipal Taxes Federal corporation tax 22530 25 6107 69 23 Other disbursements 24 Mercantile agencies 4 25 Miscellaneous 26 Exchange 27 Subscriptions to papers 28 Suspense Cheek for July 1905 dividend not presented for payment charged off in June 1907 presented and paid in 1910 4624 11 3676 96 9685 92 3008 48 54 00 32 34 Paid stockholders for interest or dividends amount de clared during the year 175000000 35 Scrip or certificates of profit redeemed in cash 37 Agents balances charged off 38 Gross loss on sale or maturity of ledger assets viz b Bonds per schedule D c Stocks per schedule D 7925 00 9736 00 39 Gross decrease by adjustment in book value of ledger assets viz b Bonds per schedule D 46676 00 c Stocks per schedule D 515217 00 40 Total disbursements 33249 90 28637 94 IVLedger Assets 1 Book value of real estate 1200j000 00 2 Mortgage loans on real estate first liens 2 700 00 4 Book value of bonds 371900000 and stocks 1467158000 total 18390580 00 0 Cash in companya office 2 631 66 6 Deposits in trust companies and banks n0tn iDtereSt 122 03 Deposits in trust companies and banks on interest 338637180 c Agents balances representing busi ness written subsequent to October 1 1910 979261 13 17 21049 47 50000 00 3 00 10466 52 17661 00 561893 00 8301393 90 ComptrollerGeneral s Report 77 9 d Agents balances representing busi ness written prior to October 1 1910 4196 54 11 e Bills receivable taken for fire risks 66252 70 24032115 86 16 Total ledger assets v NonLedger Assets 18 Interest due 1513500 and accrued 20 07540 on bonds 35210 4 Qfc 77 21 On bank balances 22 Declared dividends on stocks transfer books closed 148947 25 184426 42 24 Total 27 f Other nonledger assets viz Munich Reinsurance Company 341920 Insurance Company Salamandra 1025 total 24219971 73 30 Gross assets Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 4196 o4 35 Bills receivable past due taken for ma rine inland and fire risks 17737 18 21933 72 i 24198038 01 40 Total admitted assets v VLiabilities 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 560150 27 3 Gross claims for losses resisted 40900 Q0 4Total 60105027 5 Deduct reinsurance due or accrued 74998 01 6 Net amount of unpaid losses and claims 526052 26 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 3931 571 74 unearned premiums fifty per IV 1965785 87 cent ComptbollebGenebal s Re EPOBT 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 11170264 03 unearned premiums pro rata 5951766 05 12 Total unearned premiums as computed aboveT 7 917 551 92 16 Principal unpaid on scrip or certificate of profits ordered to be redeemed 17 Interest due or accrued on scrip 2jj 19 Salaries rents expenses bills accountsfees etcdue or accrued 20 State county and municipal taxes due oraccrued 21 Commissions brokerage and other charges due or to be come due to agents and brokers 22 Reinsurance premiums 24 AH other liabilities viz TheXM Bulgaaninsurant Company reserve and interest 25 Unearned premium reserve to cover deduction for com missions on reinsurance 26 Reserve for contingencies 102000 00 6 250000 00 6068 40 29000 00 135000 00 102788 87 31188 95 7993 42 27 Total amount of all liabilities except capital 9 134 436 H 29 2ST aCtUa1 Tid P aSh 200000 00 29 Surplus over all liabilities 13063 601 19 30 Surplus as regards policyholders 31 Total liabilities 15063601 10 24198038 01 VIRisks and Premiums 1 In force on the 31st day of December as per line 5 under this heading 2 Wrt yealS 1TmeUt 1406640153 00 14784 567 40 2 Wntten or renewed during the year 1059403944 00 841 54 4 Deduct those expired andmarked off 24664497 3 aSt6rminated 954923523 00 7689902 77 5 In force at the end of the vear i n inn 6 Deduct amount reinsured MJJeJ 2 f 26 756892 00 862670 49 7 Net amount in force 4o8 fi fioo 7 1438363682 00 15101835 77 ComptrollerGenerals Eeport 79 CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD CONNECTICUT J D Browne President W T Howe Secretary Home Office 51 Prospect St Hartford Conn J L Riley Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets as per balance December 31 of previous year 6841820 54 4 Extended at 6841820 54 IIIncome 5 Gross premiums 4948064 ti 6 Deduct gross amount paid for reinsur ance fire 57426525 return premiums fire 58896144 total 1163226 69 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 568560 accrued interest on bonds acquired during 1910 12 Gross interest on deposits in trust compa nies and banks 13 Gross interest from all other sources 16 Gross rents from companys property in cluding 10000 for companys occu pancy of its own buildings 3784838 04 45667 09 4137 23 210836 78 4539 87 1184 02 11231 26 17 Total gross interest and rents 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds 277596 25 167 30 250 00 28 Total income 4062851 59 IIIDisbursements 1 Gross amount paid policyholders for losses including 27047828 occurring in pre vious years 2137130 3680 ComptrollebGenebals Eepobt 2 Deduct amount received for salvage fire 1536500 reinsurance fire 275876 57 discount fire31912S total 294432 85 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses o Commissions or brokerage 6 Allowances to local agencies formiscellaneous agency expenses 7 Salar aries 8517095 and expenses 52085 55 of spe cial and general agents 8 Salaries fees and all other chargesofofficersdirec tors trustees and home office employees 9 Bents including 1000000 for companys occupancyof its own buildings 10 Advertising 759858 printing and stationery30 JKJVO 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 corps assess ments fees taxes and expenses 17 Inspections and surveys IS 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 Al other licenses fees and taxes viz Municipal li censes and fees 740138 United States income tax 489580 total 34 Paid stockholders for interest or dividends amount declared during the year 160000 paid tax for stock holders 27000 37 Agents balances charged off 38 Gross loss on sale or maturity of ledger assets viz Real estate 646225 bonds 435556 stocks 10 19250 total 39 Gross decrease by adjustment in book value of ledger assets viz Real estate 1842697 51 29340 87 812675 90 19465 86 137256 50 192563 74 28902 04 47888 58 19607 24 8092 77 6973 00 9823 50 20308 11 27867 89 22250 52 1364 99 2534 14 62689 64 18681 17 12297 IS 187000 00 1601 72 21010 31 20575 00 40 Total disbursements 355346S 18 IVLedger Assets 1 Book value of real estate 192 200 00 2 Mortgage loans on real estate first liens 90050 00 3 Loans secured by pledge of bonds stocks or other collateral 109000 00 9 11 10 17 18 19 24 28 29 30 34 35 37 40 ComptrollerGenerals Beport HI Book value of bonds 515832837 and stocks 34435141 total 5502679 78 Cash in companys office 39 Deposits in trust companies and banks not on interest 17690 55 Deposits in trust companies and banks on interest 39181137 Agents balances representing business written subsequent to October 1 1910 184509 43 Agents balances representing business written prior to October 1 1910 3353 45 Bills receivable taken for fire risks 40511 80 n t 7351203 95 Total ledger assets NonLedger Assets Interest accrued on mortgages 10204 89 Interest accrued on bonds 29918 94 Interest accrued on collateral loans 83 42 40991 25 Total 40100000 less return premiums 47 50000 and reinsurance 4050000 313000 00 Less commission brokerage and all other expenses thereon 131000 0Q 182000 00 7574195 20 Gross assets Deduct Assets Not Admitted Agents balances representing business written prior to October 1 1910 3353 45 Bills receivable past due taken for ma rine inland and fire risks 14717 o Book value of ledger assets over market value viz Bonds and stocks 77677 78 95748 48 xi 7478440 72 Total admitted assets VLiabilities Gross losses adjusted and unpaid not yet 9o030 77 due Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses Jnn s Gross claims for losses resisted 408 M Total 4458304482 ComptbolleeGenebals Eepoet 5 Deduct reinsurance due or accrued 86 773 36 6 Net amount of unpaid losses and claims 359 057 08 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 pre miums on perpetual fire risks 1931 44302 unearned premiums fifty per c Cent 965721 51 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 572901150 unearned premiums pro rata 3053605 00 12 Total unearned premiums as computed above 4 019 36 51 20 State county and municipal taxes due or accrued 50000 00 27 Total amount of all liabilities except capital4428389 59 28 Capital actually paid up in cash 1000000 00 29 Surplus over all liabilities 2050063 13 30 Surplus as regards policyholders 3 050 063 13 31 Total liabilities 7778452 72 Business in the State of Georgia During 1910 26 Gross risks written 1 833 191 00 Less 26069100 risks cancelled and 1000000 reinsur ance in companies authorized in said State 270 091 00 Net risks written 77562500 W 27 Gross premiums received sTlTT Less 488882 return premiums and 10178 premiums for reinsurance in companies authorized in said State 4990 60 Net premiums received 28 438 20 28 Losses paid deducting salvage n g96 J NGt l0SSeS 1aid 11596 74 29 Losses incurred j Net losses incurred 9670 62ComptrollekGenekals Eepoet 83 the delaware insurance company op philadelphia pa Jolai S Bioren President J Parsons Smith Jr Secretary Home Office Third and Walnut Sts Philadelphia Pa A L 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 2217140 09 4 Extended at 2217140 09 IIIncome 5 Gross premiums 2377945 51 6 Deduct gross amount paid for reinsurance fire 29061672 return premiums fire 50520789 total 795824 61 7 Total premiums othecr than perpetual 1582120 90 8 Deposit premiums written on perpetual risks gross 3372 15 9 Gross interest on mortgage loans 10 Gross interest on collateral loans 11 Gross interest on bonds and dividends on stocks less 253515 accrued interest on bonds acquired during 1910 12 Gross interest on deposits in trust compa nies and banks 14 Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 4689 02 173 til 63609 66 699 83 15359 10 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 84531 22 100 60 2526 79 28 Total income 1672651 66 PITDisbursements 1 Gross amount paid policyholders for losses including 14947568 occurring in previous years 1032426 14 2 Deduct amount received for salvage fire 905003 reinsurance fire 9270456 discount fire 212105 total 103875 64 3 Net amount paid policyholders for losses 928550 5084 ComptrollerGenerals Eeport i Expenses of adjustment and settlement of losses 5 Commissions or brokerage 7 Salaries 1722394 and expenses 3007794 ofspecial and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 1000000 for companys occupancvof its own buildings 10 Advertising 370333 printing and stationery 11 14317 total H Postage telegrams telephone 822352express1 48561 total 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 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 Corporation tax 33 Deposit premiums returned 34 Paid stockholders for interest or dividends amount de clared during the year 6000000 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 Bonds 20547 92 425178 25 47301 88 45711 01 12373 02 14850 50 9709 13 407 00 1468 50 4644 62 20004 99 7691 94 1796 21 4735 68 2034 10 27940 40 9497 67 2647 00 3270 94 60000 00 2091 84 3578 01 499 66 40 Total disbursements 1656530 77 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 collateral 4 Book value of bonds 120632535 and stocks 19242041 5 Cash in companys office 7 Deposits in trust companies and banks on interest Bank of North America Phil adelphia 3542532 Girard National Philadelphia 2060826 Penn Nation al Philadelphia 722130 Continental National Chicago 1215288 total 200000 00 102000 00 4000 00 1398745 76 7435 57 75407 76ComptrollerGenerals Report 85 8 Agents balances representing business written subsequent to October 1 1910 438704 66 9 Agents balances representing business written prior to October 1 1910 6567 23 13 Cash in hands of special agents 300 00 14 Cash in hands of Philadelphia Underwrit ers Association 100 00 16 Total ledger assets 2233260 98 NonLedger Assets 17 Interest accrued on mortgages 1322 23 18 Interest accrued on bonds 18000 8o 19 Interest accrued on collateral loans 44 00 21 Rents accrued on companys property or lease 65 17 22 Total 20017 25 28 Gross assets 2253278 23 Deduct Assets Not Admitted 32 Agents balances representing business written prior to October 1 1910 6567 23 35 Book value of ledger assets over market value viz Stocks and bonds 18765 26 25332 49 37 Total 38 Total admitted assets 222794o 74 VLiabilities 1 Gross losses adjusted and unpaid not yet due 212165 2121 65 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 211021 3o 3 Gross claims for losses resisted 15250 00 4 Total 228393 00 5 Deduct reinsurance due or accrued 43455 00 6 Net amount of unpaid losses and claims 184938 00 7 Gross premiums less reinsurance re ceived and receivable upon all nnex pired fire risks running one year or less86 ComptbollebGtenebals Bepobt from date of policy including interest premiums on perpetual fire risks 1 10804397 unearned premiums fifty per cent 3 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 140162805 unearned premiums pro rata 554021 98 734382 80 1288404 78 12 Total unearned premiums as computed above 13 Amount reclaimable by the insured on perpetual fire insurance policies being 90 and 95 per cent of the premium or deposit received 19 Salaries rents expenses bills accounts fees etc due 876 or accrued 20 State county and municipal taxes due or accrued oooo It 21 Commissions brokerage and other charges due or to become due to agents and brokers 46 583 93 27 Iota amount of all liabilities except capital j 661 ps 28 Capi al actually paid up in cash 400000 00 9 Surplus over all liabilities 16W4 id Surplus as regards polieyholders 31 Total liabilities 566844 66 2227945 74 Risks and Premiums Gross Pro Fire Bisks miums Tllftrnnn rce on the 31st day of December 256059291 on S46 6S9 Ts W ntten or renewed during the year 204169003 00 simJU 51 1 Tii force 3 Total 460228297 00 5224 584 09 Deduct those expired and marked off oa 0 S terlina 197045237 00 2312350 72 7 at the end of ear263183060 00 2 qi9 033 q7 Deduct amount reinsured 35016 067 00 Zl 402561 95 7 Net amount in force 8 Perpetual risks not included above 492861000 deposit premi same 14173732 228166993 00 2509672 02 ms on Business in the State of Georgia During the Year 1910 1532693 00 991867 00 26 Gross risks written Loss 38959300 risks cancelled and surance 1227400 reinComptrollerGenerals Eeport 87 Net risks written 540826 00 27 Gross premiums on risks written 23849 43 Less 567604 return premiums and 607717 premiums for reinsurance 11753 21 Net premiums received 28 Losses paid deducting salvage Less losses on risks reinsured 12096 22 9151 03 702 32 Net losses paid 8448 71 29 Losses incurred Less losses on risks reinsured 198 85 686 99 Net losses incurred 6511 86 DIXIE FIRE INSURANCE COMPANY OF GREENSBORO N C Ashley Home President F M Garner Secretary Principal Office 125 South Elm Street Greensboro N C E J Dickey Atlanta Ga Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 500000 00 2 Amount paid up in cash 500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 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 9 Total par and market value of all stocks and bonds owned absolutely by the company carried out at market value 10 Amount of stocks bonds and all other securities except mortgages hypothecated to the company as collateral security for cash actually loaned by the company with the par and market value of the same and the amount loaned thereon 12 Cash in companys office 784 67 13 Cash belonging to company deposited in bank 308647 15 100000 00 340937 48 11948 85 517520 00 79200 00 Total 109431 82 16 Interest due and accrued on collateral loans and uncol lected 7 37 ComptbollebGteneeals Eepoet 17 Cash in hands of agents and in course of transmission 137 753 76 All other assets both real and personal viz Bents due and accrued 83715 due from other companies for BanHn M 73 Western Sprinkled Bisk Association 500 00 Total assets of the company actual cash market value 130354104 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 77 2Q9 79 S Losses resisted including interest costs and other expenses thereon 4 950 00 4 Total gross amount of claims for losses 89 15o 79 5 Deduct reinsurance thereon a v vllo 75 6 Net amount of unpaid losses 7 Gross premiums without any deduction 73039 04 received and receivable upon all unex pired fire risks running one year or less from date of policy 52119539 un earned premiums fifty per cent 260597 i9 S Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 45012053 unearned premiums pro rata 248 827 70 11 Total unearned premiums as computed aboTTrHed 19 0ldmandsagainsheompanyabsoluteand 59425 contingent due and to become due admitted and con tested viz State and county taxes 856628 interest paid in advance 143372 total 10 000 00 Total 21 Joint stock capital actUallypaidupincash 500 00 23 Surplus beyond capital and all other liabilities 2n076 61 24 Aggregate amount of all liabilities including capital paid up and net surplus 1303541 04 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 141 509 75ComptbolleeGenebals Kepobt 89 3 Net collected 141509 75 4 Gross premiums on risks written and re newed during the year 1020350 86 Total 1161860 61 6 Deduct premiums and bills in course of collection at this date 165371 14 7 Entire premiums collected during the year 996489 47 8 Deduct reinsurance and return premiums 317859 87 9 Net cash actually received for premiums 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 12 Sale of local agency 300000 from agents balances charged off 10116 total 13a By adjustment in book value of ledger assets 15 Aggregate amount of income actually received during the year in cash Uneollected agency balances December 31 1910 K December 31 1909 141509 75 678629 60 43597 63 7998 72 10379 42 3101 16 6593 72 750300 25 Total income as reported to North Carolina Dept 774161 64 VExpenditures During the Year Gross amount actually paid for losses in eluding 7462798 losses occurring in previous years Deduct all amounts actually received for salvages whether on losses of last or of previous year 625911 and all amounts actually received for reinsur ance in other companies 4574508 total deductions 486895 97 51984 19 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 ststcs 9 All other payments and expenditures viz Expenses of adjustment of losses 987463 rents 150000 ad vertising 167435 printing and stationery 38335U 434911 78 174301 78 54507 27 29506 4290 ComptrollebGenebals Report postage telegrams and express 606596 legal ex penses 456348 furniture and fixtures 23988 maps including corrections 223603 underwriters boards and tariff associations 769726 repairs and expenses on real estate 516527 office expenses 120329 traveling expenses 216672 commercial re ports 101535 auditing 175325 bonding account 15610 agents balances charged off 145577 loss on sale of bonds 3811093 decrease by adjustment in book value of ledger assets 1637500 total 105068 77 Aggregate amount of actual expenditures during the year in Cash 798296 02 VIBisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1910 as per line 5 under this heading in last years statement 76934316 1101 513 97 2 ritfcen or renewed during 1910 70236790 1020 350 86 147180106 2121864 83 3 Total 4 Deduct those expired and marked off as terminated in 1910 72951016 1041053 31 5 In force at end of year 1910 74229090 1080811 52 Deduct the amount reinsured in other companies 7603229 109495 60 Nel amount in force 66625861 971315 92 Business in the State of Georgia During the Year Fire marine and inland risks written 089 240 00 Premiums received gross 19927 g TLSSeSpaid 1357867 Losses incurred Ulu EQUITABLE FIRE INSURANCE COMPANY OF CHARLESTON S C David Huguenin President Wm G Mazyckj Secretarv F H Reynolds Attorney for Service in Georgia LCapital 1 Whole amount of capital stock 200000 00ComptrollerGenerals Report 91 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 5000 00 5 Value of buildings mortgaged insured for 915000 as collateral 11500 00 6 Total value of said mortgaged premises carried inside Total par and market value of stocks and bonds owned absolutely by the company carried out at market value Amount loaned on stocks bonds and all other securities except mortgages 12 Cash in companys principal office 12992 25 13 Cash belonging to the company deposited in bank viz Bank of Charleston N B A 19233 Carolina Savings Bank 749182 Hibernia Trust Savings Bank 44812 Exchange Banking Trust Co 24567 Dime Savings Bank 1040 total 8388 34 Total cash items 15 Interest due and accrued on stocks and bonds not in cluded in market value uncollected 17 Cash in hands of agents and in course of transmission Rents due and accrued Interest accrued on savings bank deposits Cash surrender value Policy 875009 Equitable Life As surance Society 17000 00 2326 00 3 50 16500 00 261790 00 30000 00 21380 59 1495 12 28253 42 63 20 34 94 1240 00 Total assets of the company actual cash market value 363586 77 IIILiabilities 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 6 Net amount of unpaid losses 15866 55 15866 55 4086 13 11780 4292 ComptrollerGenerals Report 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 8145930 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 10059454 unearned premiums pro rata 40729 65 55667 97 11 Total unearned premiums as computed above carried t 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 96397 62 2363 98 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 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 26653 42 110542 02 200000 00 53044 75 363586 77 3 Net collected 4 Gross premiums on risks written and re newed during the year 5 Total 6 Deduct premiums and bills in course of col lection at this date 26653 42 194557 20 221210 62 28253 42 7 Entire premiums collected during the year 192957 20 8 Deduct reinsurance and return premiums 74839 18 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 the value of securities viz Rents 13 Received for increase capital 118118 02 376 55 11289 52 1447 28 31500 00 15 Aggregate amount of income actually received during the year in cash 162731 37 ComptrollerGenerals Eeport 93 VExpenditures During the Year 1 Gross amount actually paid for losses including 1194855 losses occurring in previous years 93863 27 2 Deduct all amounts actually received for salvages Whether on losses of the last or of previous year 52999 and all amounts actually received for reinsur ance in other companies 2340000 total deductions 23930 43 Net amount paid during the year for losses 69932 84 Expenses and adjustment of losses 1760 88 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 11664 94 6 Paid for commissions or brokerage 16915 62 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 14539 73 8 Paid for state national and local taxes in this and other states y 6436 82 9 All other payments and expenditures viz Advertising printing stationery 154956 postage telegraph ex press 72383 furniture maps 67295 exchange re pairs commercial agency water light fuel petty cash etc 366493 total 6611 27 Aggregate amount of actual expenditures during the ss s 127862 10 year m cash v VIRisks and Premiums Eire Risks Premiums Thereon In force on the 31st day of December 11934683 17 216465 96 2 Written or renewed during 1910 18388451 11 194557 20 3 Tota 30323134 28 411023 16 4 Deduct those expired and marked off as terminated in 1910 17617714 92 181656 10 5 In force at end of year 191012705419 36 229367 06 6 Deduct the amount reinsured in other 9 563 477 93 47314 22 companies S0M4 I o i 10 141941 43 182052 84 7 Net amount in force 3iu4i o t Business in the State of Georgia During the Year Eire marine and inland risks written tlll 00 i ao7Uo as Premiums received gross 10 479 39 Losses paid 8436 93 Losses incurred 94 ComptrollerGenerals Report EMPIRE CITY PIRE INSURANCE COMPANY OF NEW YORK N Y Charles A Hull President David J Burtis Secretary Principal Office 95 William Street New York N Y ICapital 1 Whole amount of capital stock paid up in cash IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued thereon 4 Value of lands mortgaged exclusive of buildings and perishable improvements 185500 00 5 Value of buildings mortgaged 241 000 00 400000 00 249500 00 1930 70 6 Total value of said mortgaged premises carried inside 426500 00 7 Amount of other loans 5 000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4 10 Amount of stocks bonds and all other securities except mortgages hypoth ecated to the company as collateral se curity for cash actually loaned by the company 10850 00 11 Amount loaned thereon 12 Cash in companys principal office 106 88 33 Cash belonging to company deposited in banks viz National City Bank g 298 50 Peoples National Bank 177 559 47 5S4764 50 5000 00 Total 4 15 Interest due and accrued on stocks not included in mar ket value uncollected 16 Interest due and accrued on collateral loans and un collected 17 ash in hands of agents and in course of transmission 185964 87 3161 25 125 00 94366 98 Total assets of the company actual cash market value 1124813 i 30 IIILiabilities 1 Losses adjusted and unpaid not due 13714 00ComptrollerGenerals Report 95 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 70020 00 2435 00 86169 00 16160 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 53360900 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 18644700 unearned premiums pro rata 70009 00 286804 46 111999 53 11 Total unearned premiums as computed above 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19 Taxes 378803 99 1500 00 8500 00 Total 21 Joint 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 TVIncome During the Year 4 Gross premiums on risks written and re newed during the year 1031063 59 8 Deduct reinsurance and Tetnrn premiums 349847 37 458812 99 400000 00 266000 31 1124813 30 9 Net cash actually received for premiums 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 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 6337909 losses occurring in previous years 37418 26 681216 22 8044 10 26290 81 716351 1396 ComptbollebGenebals Eepobt 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 467398 and all amounts actually received for reinsur ance in other companies 5403959 dis count 46557 total deductions 59179 14 Net amount paid during the year for losses 315539 12 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 16000 00 6 Paid for commissions or brokerage 219149 53 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 15193 32 5 Paid for state national and local taxes in this and other states 9670 66 9 All other payments and expenditures viz Salaries rents maps surveys legal printing etc 19671 18 Aggregate amount of actual expenditures during the year in cash 595223 81 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 55321064 00 668931 39 2 Written or renewed during 1910 90593100 00 1031063 59 3 Total 145914164 00 1699994 98 4 Deduct those expired and marked off as terminated in 1910 71342035 00 826372 94 5 In force at end of year 1910 74572129 00 873622 04 6 Deduct the amount reinsured in other companies 12913324 00 153566 47 7 Net amount in force 61658805 00 720055 57 8 Greatest amount insured in any one risk40000 00 Business in the State of Georgia During the Year Applying for admission FEDERAL FIRE INSURANCE COMPANY OF JERSEY CITY N J Percy Chubb President Max Grundeur Secretary Principal office 15 and 17 Exchange Place Jersey City 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 00ComptrollerGenerals Report 97 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 30000 00 3 Interest accrued on all said bond and mortgage loans 121 67 4 Value of lands mortgaged exclusive of buildings and perishable improvements 25000 00 5 Value of buildings mortgaged 20000 00 6 Total value of said mortgaged premises carried inside 45000 00 9 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 1909920 00 12 Cash in companys principal office 128 11 13 Cash belonging to the company deposited in banks 42119902 Total cash items 422407 15 Interest due and accrued on bonds not included in mar ket value uncollected 25104 98 17 Cash in hands of agents and in course of transmission 389815 20 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 on losses already paid 26314 22 Total assets of the company actual cash market value 2803733 20 IIILiabilities i rf 1 Losses due and unpaid 9810 09 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 322740 00 4 4 Total gross amount of claims for losses 332550 09 5 Deduct reinsurance thereon 21640 00 6 Net amount of unpaid losses 310910 09 9 Gross premiums without deduction re ceived and receivable upon all unexpired inland navigation and marine risks 400669 03 10 Gross premiums without any deduction received and receivable on all unexpired marine risks 139557 52 11 Total unearned premiums as computed above carried out 540226 5598 ComptrollerGenerals Report 15 Dividends declared and remaining unpaid or uncalled for 40000 00 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses j 1500 00 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Taxes 35000 commissions and broker age 3889575 return premiums 205756 reinsurance premiums 19597853 total 271931 81 20 Total amount of all liabilities except capital stock scrip and net surplus 1164568 48 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 639164 72 24 Aggregate amount of all liabilities including capital paid up and net surplus 2803733 00 IVIncome During the Year 9 Net cash actually received for premiums carried out 1392666 97 10 Received for interest on bonds and mortgages 1500 00 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 87368 96 12 Income received from all other sources omitting increase if any in value of securities viz Stock stamps 1 00 13 Increase in value of securities 1 298 82 15 Aggregate amount of income actually received during the year in cash 1482835 75 VExpenditures During the Year Fire 1 Gross amount actually paid for losses includ ing 29401120 losses oc curring in previous years 2 Deduct all amounts ac tually received for sal vages whether on losses of the last or of pre vious year 9343374 and all amounts actually received for reinsurance in other companies 1 23338974 total deduc tions Net amount paid during the year for losses Marine Inland 1129 52 1976244 21 1067 00 1325756 48 62 52 650487 73 650550 25 ComptrollerGenerals Beport 99 4 Cast dividends actually paid stockholders amount of stockholders dividends declared during the year 80000 00 6 Paid for commissions or brokerage 428667 81 7 Paid for salaries fees and other eharges of officers clerks agents and all other employees 4656 8 Paid for State national and local taxes in this and other 29637 11 States 9 All other payments and expenditures viz Expenses 3224883 bad debts 137397 loss on maturity of investments 21847 decrease by adjustment of inyest ments 442628 purchase of bonds 32519997 total 363467 52 Aggregate amount of actual expenditures during the year e 1556978 71 m cash VIRisks and Premiums Marine Inland Premiums thereon In force on the 31st day of December 1909 as per line 5 under this heading in last years statement 66874171 00 915265 96 2 Written or renewed during 1910 1236767979 00 3398637 63 3 Total1303642150 00 4313903 59 4 Deduct those expired and marked off as terminated in 1910 V 1077757735 00 2371458 48 5 In force at end of year 1910225884415 00 1942445 11 6 Deduct the amount reinsured in other companies 81856545 00 26184 55 7 Net amount in force 144027870 00 1016260 56 Business in the State of Georgia During the Year Marine and inland risks written 2080190 00 Premiums received gross 1344o 72 Losses paid 15142 12 Losses incurred 15142 FIDELITYPHENIX FIRE INSURANCE COMPANY OF NEW YORK Henry Evans President J E Lopez Secretary Home Office 46 Cedar Street New York ICapital Stock 1 Amount of capital paid up in cash 2500000 00100 ComptrollerGeneral s Eeport 2 Amount of ledger assets December 31 of previous year 13487311 44 4 Extended at 13487311 44 IIIncome 5 Gross premiums 7855j058 92 6 Deduct gross amount paid for Reinsurance fire 981698 19 Return premiums fire1246012 05 7 Total premiums other than perpetual 9 Gross accrued interest on mortgages ac quired during 1910 11 Gross interest on bonds and dividends on stocks less 515250 accrued interest on bonds acquired during 1910 12 Gross interest on deposits in trust com panies and banks 13 Gross interest from all other sources 14a Bills receivable 738 32 14b Bond and mortgage overdue interest payments 3 12 15a Unlisted assets 224 29 15b Miscellaneous 86 20 2227710 24 i 27225 00 358315 63 72175 2S 5627342 68 16 Gross rents from companys property in cluding 150000 for companys occu pancy of its own buildings 1051 93 7293 00 17 Total gross interest and rents 19 Recoveries on life insurance policies Geo P Sheldon 20 The First Bulgarian Insurance Company 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz b Bonds c Stocks 313 75 82240 94 27 Gross increase by adjustment in book value of ledger assets viz b Bonds 34852 83 c Stocks 1162507 66 466060 84 11723 90 15393 50 986 38 82554 69 1197360 49 28 Total income 7401422 48ComptrollerGenerals Report 101 IIDisbursements 1 Gross amount paid policyholders includ ing 63951681 occurring in previous years 3984257 67 2 Deduct amount received for Salvage fire 32092 81 Reinsurance fire 408757 67 Discount fire 1950 78 442801 26 10 11 12 13 14 15 16 17 18 19 20 21 23 24 25 26 27 28 29 30 Net amount paid policyholders Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous expenses Salaries 16704528 and expenses 12114883 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 150000 for companys occupancy of its own buildings Advertising 2296646 printing and stationery 59 01166 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 assessments 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 Municipal taxes Other disbursements Mercantile agencies Miscellaneous Exchange Subscriptions to papers Auditing Subscription to expenses First mortgage bondholders committee Council Bluffs City Water Works Company Moving offices 354145 41 118819 92 1095588 36 1858 96 288194 11 442230 54 66481 84 81978 12 61710 10 10172 67 18581 34 19451 27 68512 91 12866 39 25617 84 2775 65 1306 78 131156 49 57399 18 1S188 97 3675 72 705 68 9731 90 2548 05 26683 55 2780 00 849 35 31 Interest and premiums on life insurance policies paid in 1909 for account of Geo P Sheldon now charged off 32 H C Stockdell account Balance charged off 34 Paid stockholders for interest or dividends amount de clared during the year 5000000 46974 25 430 12 56162 38 50000 00102 ComptrollerGenerals Report 37 Agents balances charged off 1 474 30 38 Gross loss on sale or maturity of ledger assets viz b Bonds 143764 75 e Stocks 219323 70 363088 45 39 Gross decrease by adjustment in book value of ledger assets viz a real estate 59454 96 b Bonds 151877 91 e Stocks 450181 48 661514 35 40 Total disbursements 7 243 991 70 IVLedger Assets 1 Book value of real estate 67500 00 2 Mortgage loans on real estate first liens 544500 00 4 Book value of bonds 159868200 and stocks 889940300 0498085 00 6 Deposits in trust companies and banks not on interest 254 186 32 7 Deposits in trust companies and banks on interest 1262933 71 8 c Agents balances representing busi ness written subsequent to October 1 1910 740103 50 9 D Agents balances representing busi ness written prior to October 1 1910 35035 35 11 e Bills receivable taken for fire risks 227376 46 12 Other ledger assets viz Chicago sus pense account 125 00 13 Citizens Insurance Co of New Yark 14 896 88 16 Total ledger assets 13644742 22 NonLedger Assets 17 Interest accrued on mortgages 4 708 34 18 Interest due 717023 and accrued 10 65229 on bonds 17822 52 21 Bank interest 100 14 22 Declared dividends on stocks transfer books closed 74136 50 23 Bents due on companys property or lease 18 00 24 Total 96785 50 28 Estimated equity in other securities 147 950 00 29 Reinsurance due on unpaid losses Continental Ins Co New York 58 13ComptbolleeGenebals Repoet 103 m 30 Hamburg Bremen Fire Ins Co 24 00 Jakor Insurance Co 499 70 Munich Reinsurance Co 2270 15 Northern Insurance Co 8 45 Kossia Insurance Co 129 15 298958 Gross Assets 13892467 30 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 35035 35 35 Bills receivable past due taken for ma rine inland and fire risks 37111 65 36 Loans on personal security endorsed or not Chicago Suspense Account 125 00 38 Citizens Insurance Co of New York 14896 88 39 Mortgage Loans No 29215000 15000 00 102168 88 40 Total admitted assets 13790298 42 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 3 Gross claims for losses resisted 4 Total 5 Deduct reinsurance due or accrued 588747 26 73730 00 662477 26 81221 89 6 Net amount of unpaid losses and claims 581255 37 7 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 3 51573178 unearned premiums fifty per cent 1757865 89 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 950799109 unearned premiums pro rata 4752602 35 12 Total unearned premiums as computed above 6510468 24 19 Salaries rents expenses bills accounts fees etc due or accrued 53594 05 20 State county and municipal taxes due or accrued 125000 00104 ComptbolleeGenebals Bepobi 21 Commissions brokerage and other charges due or to be come due to agents and brokers 22 379 30 22 Eeturn premiums 46835 reinsurance premiums 52596 total 24 Unearned premium reserve to cover deductions for com missions on reinsurance 25 The First Bulgarian Insurance Company reserve and interest 26 Reserve for contested liabilities as instructedby the New York State Insurance Department for claims growing out of Sheldon transactions 640 000 00 7994 31 100000 00 15520 36 27 Total amount of all liabilities except capital 80o6 211 63 28 Capital actually paid up in cash 2500000 00 29 Surplus over all liabilities 3 234o86 79 30 Surplus as regards policyholders 31 Total liabilities 5734086 79 13790298 42 Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid r 19Q fi 37 Losses incurred al 120574 83 5860480 00 109564 62 FIRE ASSOCIATION OF PHILADELPHIA E C Irvin President r n n o w M G Garngues Secretary Principal Office 407 and 409 Walnut St Philadelphia Pa W E Chapin Atlanta Attorney for Service in Georgia Capital 1 Whole amount of capital stock 2 Amount paid up in cash 750000 00 750000 00 IIAssets 1 Market value of real estate owned by the company less amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens in fee simple 3 Interest due on all said bond and mortgage loans 4 90628 interest accrued thereon 2998927 total 437050 00 2111464 99 34895 5ComptrollerGeneral s Eeport 105 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1901863 00 5 Value of buildings mortgaged 3341984 00 6 Total value of said mortgaged premises carried inside 5243847 00 9 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 4920036 75 10 Amount loaned on stocks bonds and all other securities except mortgages 127382 00 12 Cash in companys principal office 10489 71 13 Cash belonging to the company deposited in banks viz Fidelity Trust Oo 11 40369 First National Bank 188 26127 Girard National Bank 34 46782 Union National Bank 144 05581 Commonwealth Title Trust Co 2233310 First National Bank Albuquerque N M 1000000 total 410521 69 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Rents due and accrued 352318 due from other companies foT reinsurance on losses already paid 735323 total 421011 40 69501 22 456 43 634880 29 10876 41 Total assets of the company actual cash market value 8767555 04 IIILiabilities 1 Losses due and unpaid 88420 21 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 275925 60 3 Losses resisted including interest costs and other expenses thereon 38653 55 4 Total gross amount of claims for losses 402999 36 5 Deduct reinsurance theTeon 69901 67 6 Net amount of unpaid losses 333097 69 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks Tunning one year or less from date of policy 267932824 un earnedpremiums fifty per cent 1339664 12106 ComptrollerGeneral s 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 311122262 unearned premiums pro rata 2221137 32 11 Total unearned premiums as computed above carried out 3560801 44 Amount reclaimable on perpetual policies 1637336 83 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Accrued taxes 3292300 reinsurance premiums 622434 total 39147 31 20 Total amount of all liabilities except capital stock scrip and net surplus 5570383 30 21 Joint stock capital actually paid up in cash 750000 00 23 Surplus beyond capital and all other liabilities 2447171 74 24 Aggregate amount of all liabilities including capital paid up and net surplus 8767555 04 IVIncome During the Year I Gross premiums and bills in course of collection at close of last previous yeair as shown by that years statement 700265 55 3 Net collected 700265 55 4 Gross premiums on risks written and re newed during the year 5608496 62 5 Total 6308762 17 6 Deduct premiums and bills in course of collection at this date 637755 39 7 Entire premiums collected during the year 5671006 78 8 Deduct reinsurance and return premiums 1537566 87 9 Net cash actually received for premiums carried out 4133439 91 10 Received for interest on bonds and mortgages 119480 28 II Received for interest and dividends on stocks and bonds collateral loans and from all other sources 246591 68 12 Income received from all other sources omitting increase if any in value of securities viz Rents 2534608 from agents balances previously charged off 48584 total 25831 92 15 Aggregate amount of income actually received during the year in cash 4525343 79ComptrollerGenerals Report VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 30374308 losses occurring in previous years 2686639 89 2 Deduct all amount actually received for 3 salvages whether on losses of the last or of previous year 2482469 and all amounts actually received for reinsur ance in other companies 36755112 total deductions 392375 81 107 Net amount paid during the year for losses 2294264 08 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 300000 00 6 Paid for commissions or brokerage 818498 34 7 Paid for salaries fees and other charges of officers cleTks agents and all other employees 432741 54 8 Paid for State national and looal taxes in this and other States 11663181 9 All other payments and expenditures viz 26349419 agents balances marked off 149453 total 264988 72 Aggregate amount of actual expenditures during the year in cash 4227124 49 Business in the State of Georgia During the Year Fire risks written 6259632 00 Premiums received gross 93948 01 Losses paid 57630 40 Losses incurred 63324 26 FIREMANS FUND INSURANCE COMPANY OF SAN FRANCISCO William J Dutton President Louis Weinmann Secretary Principal Office 401 California San Francisco Oal ICapital 1 Whole amount of capital stock 1500000 00 2 Amount paid up in cash 1500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 557000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 695425 00108 ComptrollerGenerals Report 3 Interest due on all said bond and mortgage loans 1 30800 interest accrued thereon 142065 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1691550 00 5 Value of buildings mortgaged insured for 31677500 as collateral 625905 00 2458 65 6 Total value of said mortgaged premises carried inside 1317455 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 11 Total par and market value and amount loaned thereon 12 Cash in companys principal office 10524 67 13 Cash belonging to the company deposited in banks 425334 41 Total cash items 15 Interest due and accrued oh stocks not included in mar ket value uncollected 16 Interest due and accrued on collateral loans and un collected 17 Cash in hands of agents and in course of transmission 18 Bills receivable not matured taken for fire marine and inland risks Cash in hands of London correspondent 4918115 29 338000 00 435859 OS 72519 30 825 74 985291 98 24256 91 40877 48 Total assets of the company actual cash market value 8070629 43 IIILiabilities 1 Losses adjusted and unpaid hot yet due 47186 10 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 594801 75 3 Losses resisted including interest costs and other expenses thereon 55595 57 4 Total gross amount of claims for losses 697583 42 5 Deduct reinsurance thereon 234965 90 6 Net amount of unpaid losses 462617 52 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 223963241 un earned premiums fifty per cent 1119816 21 8 Gross premiums without any deduction received and receivable upon all unexCompteolleeGeneeal s Bepobt 109 pired fire risks running more than one year from date of policy 335483648 unearned premiums pro rata 1791210 81 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired time and automobile risks 454529 30 10 Gross premiums without any deduction received and receivable upon all unex pired marine risks 24574 96 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses including taxes Commissions brokerage and other charges due or to be come due to agents and brokers 180000 00 Earned dividend to December 31 1910 45000 00 Total 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 capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 3390131 28 106500 00 225000 00 4184248 80 1500000 00 2386380 63 8070629 43 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 704729 88 220240 10 3 Net collected 704729 88 220240 10 4 Gross premiums on risks written and renewed during the year 4833917 66 3658047 24 5 Total 5538647 54 3878287 34 6 Deduct premiums and bills in course of collection at this date 767850 57 281495 57110 ComptrollerGenerals Report 7 Entire premiums collected during the year Cash 83433383 notes 24 25691 total 4770796 97 3596791 77 8 Deduct reinsurance and re turn premiums 1419472 05 2070258 86 9 Net cash actually received iM for premiums carried out 3351324 92 1526532 91 4877857 83 10 Received for interest on bonds and mortgages 36818 60 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 1923200 it profit and loss 49144 on sale or maturity of ledger assets 4132250 total 15 Aggregate amount of income actually received during the year in ash 5222301 15 246578 78 41813 94 VExpenditures During the Year Fire Marine and Inland 1 Gross amount actually paid for losses including 41689227 losses occur ring in previous years 2008238 88 2006180 75 2 Deduct all amounts actual ly received for salvages whether on losses of the last or of previous year 10618963 and all amounts actually re ceived for reinsurance in other companies 1322 35236 total deductions 343319 71 1085222 28 Net amount paid during the year for losses1664919 17 920958 47 2585877 64 Expenses of adjustment and settlement of losses 45133 77 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 225000 00 6 Paid for commissions or brokerage 841244 01 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 555744 43 8 Paid for state national and local taxes in this and other states 132324 89 9 All other payments and expenditures viz Rents 32 23154 advertising 4059891 printing and stationery 3653173 postage and telegraph 3598945 legal UComptrolleeGenebal s Repobt 111 expenses 460702 furniture and fixtures 376757 maps 1098332 fire department fees 1382341 underwriters boards 5708742 inspections 21 I 63528 repairs 93433 agents balances marked off 1697 loss on sale or maturity of ledger assets 8 38460 charities and donations 137005 total 267961 60 Aggregate amount of actual expenditures during the year in cash 4653286 34 Business in the State of Georgia During the Year Fire marine and inland risks written 8685425 00 Premiums received gross 131230 88 Losses paid 83662 16 Losses incurred 83553 15 FIREMENS INSURANCE COMPANY OF NEWARK NEW JERSEY Daniel H Dunham President A H Hassinger Secretary Principal Office 7846 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 800000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 2485850 00 3 Interest due on all said bond and mortgage loans 1 36800 interest accrued thereon 3129161 total 32659 61 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1673920 00 5 Value of buildings mortgaged insured for 321740000 as collateral 3822000 00 6 Total value of said mortgaged premises carried out 5495920 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2399572 50 12 Cash in companys principal office 13945 60 13 Cash belonging to the company deposited in National Newark Banking Co 58878 22 Total cash items 72823 82 112 ComptrollerGenerals Eeport 15 Interest due and accrued on stocks not included in mar ket value uncollected 13 ygg g 17 Cash in hands of agents and in course of transmission 36597 22 Rents due and accrued U2 51 K Total assets of the company actual cash market value 6121382 27 IIILiabilities 1 Losses due and unpaid 35 174 73 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 182280 62 3 Losses resisted including interest costs and other expenses thereon 22 386 18 4 Total gross amount of claims for losses 239841 53 5 Deduct reinsurance thereon 29 075 07 6 Net amount of unpaid losses 210 766 46 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 123616849 un earned premiums fifty per cent 618084 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 257670714 1 unearned premiums pro rata 1391040 92 Excess of original premiums over amount received for reinsurance 5094257 unearned premium pro rata 28827 44 11 Total unearned premiums as computed above carried out 2037952 60 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 500 00 Taxes accrued 2368688 commission 4200 total 27 886 88 20 Total amount of all liabilities except capital stock scrip and net surplus 2277105 94 21 Joint stock capital actually paid up in cash 1 000 000 00 22Scrip outstanding 2336 92 23 Surplus beyond capital and all other liabilities 2841 938 41 24 Aggregate amount of all liabilities including capital paid up and net surplus 6121382 27ComptkollerGenerals Eepoet 113 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year 257362 17 3 Net collected 257362 17 4 Gross premiums on risks written and re newed during the year 3012806 34 5 Total 3270168 51 6 Deduct premiums and bills in course of col lection at this date 321302 11 7 Entire premiums collected during the year 2948866 40 8 Deduct reinsurance and return premiums 839325 71 9 Net cash actually received for premiums carried out 2109540 69 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 239589 32 12 Income received from all other sources omitting increase if any in value of securities viz Bents 4249671 premiums on stocks and bonds bought 6305 total 48801 71 15 Aggregate amount of income actually received during the year in cash 2397931 72 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 21588129 losses occurring in previous years 1082884 52 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 726398 and all amounts actually received for reinsur ance in other companies 8868803 total deductions 95952 01 Net amount paid during the year for losses 986932 51 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year180000 00 5 Scrip or certificates of profit redeemed in cash and in terest paid to scripholders 22 97 6 Paid for commissions or brokerage 494483 63 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 142637 83 8 Paid for state national and local taxes in this and other states 67914 56H4 CompteolleeGenebals Bepobt 9 All other payments and expenditures viz Adjustment expenses 2241477 Agency expenses 7690482 ftcmilT8e668 88fiXtUreS13377266 eSUte etc 1866888 general expenses 3550153 total 187262 66 Aggregate amount of actual expenditures during the year in cash B 2059254 16 VIRisks and Premiums In force on the 31st day of December PremiUm Thereoa 2910 2 Wntten or renewed during 19l0 00 JJg JJ 3 Total T CmPanieS 28027710 00 330840 74 7 Net amount in force SOo VTo Business in the State of Georgia During the Tear Fire marine and inland risks written i o o Premiums received gross 1958583 00 Losses paid 24078 43 Losses incurred 17365 05 20279 55 FITOBBURG MUTUAL FIRE INSURANCE COMPANY OP FITCHBURO MASSACHUSETTS Lincoln B Welch President Chester A Pnncpal Office 372 Main St Eitchburg Mass SeCretM IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon fin nnn nft 2 Loans on bond and mortgage duly recorded and being 00 first hens on fehe fee simple 3 Interest due on all said bond and mortgageloans 2100o 955 nteref accrued thereon 19737 total fiQ 4 Value of lands mortgaged exclusive of 389 W buildings and perishable improvements 15000 00 5 Value of buildings mortgaged insured for 1920000 as collateral 27650 00ComptrollerGenerals Report 115 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market i 137550 UU value Art 11 Total par and market value and amount loaned thereon 13000 00 12 Cash in companys principal office 88352 13 Cash belonging to company deposited in bank viz Fitchburg National Bank 512835 Fitchburg 8 D Trust Co 300000 total 8128 35 9011 87 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 147 23 lecteu eo 17 Cash in hands of agents and in course of transmission 1697b 8Z Rents due and accrued Total assets of the company actual cash market value 250125 95 IIILiabilities 1 Losses due and unpaid 2928 98 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 1796 00 3 Losses resisted including interest costs and other expenses thereon 1500 00 4 Total gross amount of unpaid losses 6224 98 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 7837385 un earned premiums fifty per cent 37079 34 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 25972520 unearned premiums pro rata 123717 15 11 Total unearned premiums as computed above carried out 15 Dividends declared and remaining unpaid or uncalled for 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 6224 98 160796 49 1425 22 316 86116 ComptbollerGenerals Beport 18 Amount of borrowed money Accrued taxes Total 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 13989 89 3 Net collected 4 Orross premiums on risks written and re newed during the year 155363 30 5 Total 6 Deduct premiums and bills in course of collection at this date 169353 19 16976 82 7 Entire premiums collected during the year 152 376 37 8 Deduct reinsurance and return premiums 15204 67 9 Net cash actually received for premiums 10 Received for interest on bonds and mortgages 12 Rents s Notes payable 1500000 P L 195399 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paia for losses in cluding 450293 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 27713 and all amounts actually paid for reinsurance in other companies 362219 total 66093 00 3899 32 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks 5000 00 1169 79 174933 34 75192 61 250125 95 137171 70 759 93 5716 00 16953 99 167452 54 62194 40 34445 21 17545 32ComptrollerGenerals Beport agents and all other employees 8 Paid for state national and local taxes in this and other states Total Aggregate amount of actual expenditures during the year in cash 117 10337 34 1886 18 29582 77 155991 22 Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 26950 00 672 87 178 81 178 81 FRANKLIN FIRE INSURANCE COMPANY OF PHILADELPHIA PA Alfred E Duncan President Edgar P Luce Secretary Principal Office 421 Walnut St Philadelphia Pa 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 incumbranees thereon 163000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 39835 00 3 Interest accrued on said bond and mortgage loans 605 02 5 Value of buildings mortgaged insured for 4827500 as collateral 101300 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2742805 00 13 Cash belonging to company deposited in bank 95044 00 15 Interest due and accrued on stocks not included in mar ket value uncollected 37024 40 17 Cash in hands of agents and in course of transmission 257009 92 Reinsurance deposit account perpetual 1370 25 Total assets of the company actual cash market value 3336693 59 IIILiabilities 1 Losses due and unpaid 36104 08118 ComptbollebGenebals Bepobt 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 128486 07 3 Losses resisted including interest costs and other expenses thereon 17 052 28 4 Total gross amount of claims for losses 181 642 43 5 Deduct reinsurance thereon 14749 07 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 96018044 un earned premiums fifty per cent 480090 22 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 115181460 unearned premiums pro rata 619841 96 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertisingandfor agency and other miscellaneous expenses Amount reclaimable by the assured on perpetualfire insurance State county and municipal taxes 1935938 return premiums on fire insurance 1922031 commissions 2632915 total 166893 36 1099932 18 618 00 739159 67 64908 84 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up incash Soon 23 Surplus beyond capital and all other liabilities 765181 24 Aggregate amount of all liabilities including capital paid up and net surplus 3336693 59 IVIncome During the Year 1 Gross premiums and hills in course of col lection at close of last previous year as shown by that years statement 221616 87 221616 87 3 Net collected 4 Gross premiums on risks written and re newed during the year 1673371 1 5 Total 1894987 98ComptrolleeGenebals Bepobt 119 6 Deduct premiums and bills in course of collection at this date 262907 63 7 Entire premiums collected during the year 1632080 35 8 Deduct reinsurance and return premiums 332724 49 9 Net cash actually received for premiums carried out 1299355 86 10 Received for interest on bonds and mortgages 2464 50 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 111818 56 12 Received for Rents 8185 00 Transfer fees 72150 amount carried to reserve by in crease of capital stock 10060000 exchange of bonds 26000 total 101581 50 13 Received for increase capital 100000 00 Deposit premiums received 7158 15 Aggregate amount of income actually received during the i 1530564 05 year m cash w VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 8707347 losses occurring in previous years 707869 41 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1416902 and all amounts actually received for rein surance in other companies 2876753 total deductions 42936 55 Net amount paid during the year for losses 664932 86 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 54000 00 6 Paid for commissions or brokerage 276117 57 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 135911 11 8 Paid for state national and local taxes in this and other 41700 96 states akr i Deposit premiums returned Aggregate amount of actual expenditures during the l31o597 39 year in cash v VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 174928598 00 1979823 67 2 Written or renewed during the year 142204394 00 1673371 11 3 Totai 317132992 00 3653194 78120 ComptrollerGenerals Beport 4 Deduct those expired and marked off as terminated 109398648 00 1428317 46 5 In force at the end of the year 207734344 00 222487732 6 Deduct amount reinsured 9818994 00 g 7 Net amount in force197915350 00 2111995 04 8 Greatest amount insured in any one riskJ JJJjJJ JJ FRANKLIN FIRE INSURANCE COMPANY OF WASHINGTON D C John A Kelly President Wm p Youn Secr Principal Office 409 Tenth St Washington D c Rhodes Browne Co Columbus Attorneys for Service in Georgia ICapital 1 Whole amount of capital stock 2 Amount paid up in cash IIAssets 250000 00 250000 00 1 Market value of real estate owned by the company less the amount of incumbranees thereon 2 Loans on bond and mortgage duly recorded and being first hens on the fee simple 3 Interest accrued on said bonds and mortgages 4 Value of lands mortgaged exclusive of buildings and perishable improvements 179475 00 5 Value of buildings mortgaged insured for 28632500 as collateral 362160 00 78830 00 295750 00 3309 69 6 Total value of said mortgaged premises ied fwide 54lm 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 V603 13 Cash belonging to the company deposited in banks viz Merchants Mechanics of Washington 300000 New York Trust Co 2500000 National of Washington 3381322 total 65 945 49 118440 00 Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncolleeted 17 Cash in hands of agents and in course of transmission 67549 17 699 50 102258 03 Total assets of the company actual cash market value 666836 39ComptrollerGenerals Report 121 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 43379 33 4 Total gross amount of claims for losses 43379 33 5 Deduct reinsurance thereon 8931 93 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 34203718 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 15858534 unearned premiums pro rata 171018 59 99384 29 11 Total unearned premiums as computed above carried out Accrued taxes 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 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 1430 93 2 Deduct amount of same not collected 168 43 3 Net collected 1262 50 4 Gross premiums on risks written and re newed during the year 608162 20 5 Total 609424 70 6 Deduct premiums and bills in course of collection at this date 305614 20 7 Entire premiums collected during the year 30381050 8 Deduct reinsurance and return premiums 97300 50 9 Net cash actually received for premiums carried out 10 Received for interest on bonds and mortgages 34447 40 270402 88 3000 00 307850 28 250000 00 108986 11 666836 39 206510 00 13089 52122 ComptbollerGenebals Eepoet 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from rents Unclaimed dividend written off 13 Received for increase capital 12802 95 Net amount paid for losses during the year 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 1200000 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states Total Aggregate amount of actual expenditures during the year in cash 2187 93 4134 54 62 50 80000 00 15 Aggregate amount of income actually received during the year in cash 305984 49 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 5150 losses occurring in pre vious years 48948 44 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 198 and all amounts actually received for rein surance in other companies 1280097 total deductions 36145 49 16712 50 58969 96 4632 00 1210 36 23627 40 141297 71 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 4088621 00 25 048 78 2 Written or renewed during 1910 70710886 00 608462 20 f 74799507 00 633210 98 4 Deduct those expired and marked off 12443957 00 70 790 29 5 In force at end of year 62355550 00 6 Deduct amount reinsured in other com Panies 20604390 00 7 Net amount in force 41751160 00 3 Greatest amount insured in any one risk 704001 27 203378 75 500622 52 20000 00ComptrollerGenerals Report 123 GEORGIA HOME INSURANCE COMPANY X3F COLUMBUS GEORGIA Rhodes Browne President Win C Coart Secretary Principal Office 1406 Broad St Columbus Ga 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 124900 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 144773 50 3 Interest accrued on said bonds and mortgages 4070 20 4 Value of lands mortgaged exclusive of buildings and perishable improvements 134050 00 5 Value of buildings mortgaged 210500 00 6 Total value of said mortgaged premises carried inside 344550 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 677422 50 Amount loaned on stocks bonds and all other securities except mortgages 45450 00 12 Cash in companys principal office 8210 00 13 Cash belonging to the company deposited banks viz Liberty National Bank New York 70882 National Bank of Columbus Ga 1359913 total 1430795 Total cash items 22517 95 16 Interest due and accrued on collateral loans and uncol lected 1133 70 17 Cash in hands of agents and in course of transmission 134593 69 All other assets both real and personal viz Due from other companies Bossin Insurance Co 71268 Ger man Insurance Co 78071 total 1493 39 Loans on personal security endorsed or not 18709 80 Open ledger account 1912 93 Total assets of the company actual cash market value 1176977 66 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 08590 47124 ComptrollerGenerals Report 3 Losses resisted including interest costs and other expenses thereon 6466 66 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 115057 13 20006 88 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 50140237 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 71416062 unearned premiums pro rata 250701 18 372506 52 11 Total amount of unearned premiums as computed above carried out 15 Dividends declared and remaining unpaid or uncalled for 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 95050 25 623207 70 180 00 718437 95 300000 00 158539 71 Aggregate amount of all liabilities including capital paid up and net surplus 1176977 66 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year 152409 31 3 Net collected 152409 31 4 Gross premiums on risks written and re newed during the year i 175 jq7 11 5 Total 1327516 42 6 Deduct premiums and bills in course of col lection at this date 134 593 gg 7 Entire premiums collected during the year 1192922 73 8 Deduct reinsurance and return premiums 453620 83 9 Net cash actually received for premiums carried out 739301 85 10 Received for interest on bonds and mortgages 8295 15ComptrollebGeneeals Repobt 125 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 30691 07 12 Income received for rents 8440 74 15 Aggregate amount of income actually received during the year in cash 786728 81 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 7275576 losses occurring in previous years 578801 22 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 10146977 total de ductions 101469 77 Net amount paid during the year for losses 477331 45 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 22500 00 6 Paid for commissions or brokerage 143750 41 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 90500 90 8 Paid for state national and local taxes in this and other states 4203840 9 All other payments and expenditures 49267 07 Aggregate amount of actual expenditures during the year in cash 825388 23 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 106837880 00 1456539 82 2 Written or renewed during the year 74646083 00 1175107 11 3 Total 181483963 00 2631646 93 4 Deduct those expired and marked off 71085925 00 1181579 50 5 In force at the end of the year 110398038 00 1450067 43 6 Deduct amount reinsured 16910287 00 234504 44 7 Net amount in force 93487751 00 1215562 99 Business in the State of Georgia During the Year Fire marine and inland risks written 6062063 00126 ComptrollerGenerals Eeport Premiums received gross 98 899 25 Losses paidYYlY 54629 40 Losses incurred 58247 g4 GEORGIA FIRE INSURANCE COMPANY OF POLK COUNTY GA Wm J Harris President Chas L Mell Secretary Principal Office 722 Candler Bldg Atlanta Ga Jones Hunt Cedartown Ga Attorneys for Service in Georgia ICapital 1 Whole amount of capital stock 300000 00 2 Amount paid up in cash 130000 0 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 12 000 00 2 Loans on bond and mortgage duly re corded and being first liens on the fee simple i06689 46 3 Interest due on all said bond and mort gage loans 19997 interest accrued thereon 241321 total 2613 18 4 Value of lands mortgaged exclusive of buildings and perishable improvements 158700 00 5 Value of buildings mortgaged insured for 3465000 as collateral 101 000 00 6 Total value of said mortgaged premises carried inside 259700 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 Fulton National Bank Atlanta Ga 1019165 Farm ers Mechanics Bank Cedartown Ga 1724060 Bank of Cedartown 500000 U S small banks in State 109301 total cash items 17 Cash in hands of agents and in course of transmission Rents due and accrued Interest on bank deposits 30000 furniture and fixtures 100000 maps 150000 supplies and stationery 150000 postage 35000 total Due from special agents Total assets of the company actual cash market value 109302 64 44955 00 33525 26 23660 86 450 00 4350 00 243 86 228487 62 CompteolleeGeneeals Eepoet IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 2926 00 4 Total gross amount of claims for losses 2926 00 5 Deduct reinsurance thereon 533 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 6432670 un earned premiums fifty per cent 32163 35 S Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 6355342 unearned premiums pro rata 40336 13 11 Total unearned premiums as computed above carried out 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 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 160397 71 8 Deduct reinsurance and return premiums 59674 33 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 pins 665284 total 12 Income received from all other sources omitting increase if any in value of securities viz Rents 68000 in terest on notes 54194 total 15 Aggregate amount of income actually received during the year in cash 127 2393 00 72499 48 74892 48 130000 00 23595 14 228487 62 100723 38 5354 44 1736 00 36652 84 1221 94 145688 60128 ComptrollerGenerals Report VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 215510 losses occurring in previous years 42124 57 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 515 and all amounts actually received for reinsur ance in other companies 1483646 total deductions 14 841 q Adjusting expense 27282 96 734 27 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 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 80417 advertising and supplies 106995 postage and ex press 151745 legal expenses 51062 maps furni ture and fixtures 41245 expense real estate 42833 exchange 59935 miscellaneous expenses 258272 28017 23 10000 00 10611 12 17153 41 4692 74 total Aggregate amount of actual expenditures during the year in cash 7925 04 78399 54 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 4578194 00 88265 02 2 Written or renewed during 1910 9626506 00 160397 71 3 Total 14204700 00 4 Deduct those expired and marked off 5526738 00 248662 73 80694 i7 5 In force at end of year 1910 8677962 00 6 Deduct the amount reinsured in other companies 2139964 00 167968 56 40088 44 7 Net amount in force 6537998 00 127880 12 8 Greatest amount insured in any one risk gross 3500000 net 500000ComptrollerGenerals Report 129 Business in the State of Georgia During the Year Fire marine and inland risks written 7504676 00 Premiums received gross 121764 47 Losses paid 22888 02 Losses incurred 23319 02 Amount at risk 6072730 00 GIBABD FIBE AND MABINE INSUBANCE COMPANY OF PHILADELPHIA PENNSYLVANIA Henry M Gratz President Edward J Thomason Secretary Principal Office 633 Chestnut St Philadelphia Pa John C Whitner Atlanta Attorney for Service in Georgia Capital 1 Whole amount of capital stock 2 Amount paid up in cash 500000 00 500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued on 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 11 Total par and market value and amount loaned thereon 12 Cash in companys principal office 1081 04 Cash belonging to company deposited in banks viz Philadelphia National Bank 3559633 The Land Title Trust Co 883929 Continental Title Trust Co 167510 Union Trust Co 38605 German American Title Trust Co 148713 Merchants Trust Co 60558 Fourth St Natl 78542 Tontl Coml Natl 3055484 total 79929 7b 271750 00 206300 00 2323 92 1754185 00 52500 00 13 Total cash items 15 Interest due and accrued on stocks and bonds not in cluded in market value uncollected 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmission not over three months old 18 Bills receivable not matured taken for fire marine and inland risks 80960 78 23811 71 722 61 147135 50 3367 72130 ComptrollerGenerals Eeport 19 Due from other companies for reinsurance on losses al ready paid lj340 20 Total assets of the company actual cash market value 2544397 44 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 73758 00 3 Losses resisted including interest costs and other expenses thereon 3300 00 4 Total gross amount of claims for losses 77058 00 5 Deduct reinsurance thereon 10 919 00 6 Net amount of unpaid losses 66139 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 51502276 un earned premiums fifty per cent 257511 38 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 125996188 unearned premiums pro rata 684040 94 11 Total unearned premiums as computed above carried out 941552 32 12 Net premium reserve and all other liabili ties except capital under the life in surance or any other special department perpetual 622266 91 17 Accrued taxes 350o 00 20 Total amount of all liabilities except capital stock scrip and net surplus 1633458 23 21 Joint stock capital actually paid up in cash 500 000 00 23 Surplus beyond capital and all other liabilities 410939 21 24 Aggregate amount of all liabilities including capital paid up and net surplus 2544397 44 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 132127 71 3 Net collected 132127 71COMPTKOLLERGrENEBALS RePOBT 131 4 Gross premiums and risks written and re newed during tie year 1347248 29 5 Total 1479376 00 6 Deduct premiums and bills in course of col lection at this date 149414 45 7 Entire premiums collected during the year 1329961 55 8 Deduct reinsurance and return premiums 421923 63 9 Net cash actually received for premiums carried out 908037 92 10 Received for interest on bonds and mortgages 9976 86 11 Keceived for interest and dividends on stocks and bonds collateral loans and from all other sources 78484 16 12 Income received from all other sourees omitting increase if any in value of securities viz Bents 1802009 return premium on perpetual reinsurance policy 5000 profit on sale of ledger assets 894 total 18964 81 13 Deposit premiums written 20931 30 15 Aggregate amount of income actually received during the year in cash 1036395 05 VExpenditures During the Tear 1 Gross amount actually paid for losses in cluding 4629096 losses occurring in previous years 443378 34 2 Deduct all amounts actually received for salvages whether on loss of the last or of previous year 376717 and all amounts actually received for reinsur ance in other companies 7229185 total deductions 76059 02 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 9 All other payments and expenditures viz Does adjust ment expenses 908392 miscellaneous local agency expenses 594229 rents 1280556 advertising and printing 967438 postage telegrams and expTessage 277150 legal expenses 89764 furniture and fix tures 101319 maps 402578 underwriters tariff and patrol 936138 inspection and surveys 2 367319 32 100000 00 244643 45 85460 39134 ComptbollerGenebals Repobt 20 Total amount of all liabilities except capital stock scrip and net surplus 541952 97 21 Joint stock capital actually paid up in cash 400 000 00 23 Surplus beyond capital and all other liabilities 730242 87 24 Aggregate amount of all liabilities including capital paid up and net surplus 1672195 84 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 146267 30 3 Net collected 146267 30 4 Gross premiums on risks written and re newed during the year 3023539 89 5 Total 3169807 19 6 Deduct premiums and bills in course of col lection at this date 133 055 47 7 Entire premiums collected during the year 3036751 72 8 Deduct reinsurance and return premiums 2494976 81 9 Net cash actually received for premiums carried out 541774 91 10 Eeceived for interest on bonds and mortgages 2 811 11 11 Eeceived for interest and dividends on stocks and bonds collateral loans and from all other sources 60 169 88 Profit on sale of ledger assets g 912 70 15 Aggregate amount of income actually received during the year in cash 613668 80 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 15706175 losses occurring in previous years 1230424 35 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1773695 and all amounts actually received for reinsur ance in other companies 93976021 total deductions 957 497 jg Net amount paid during the year for losses 272 927 19 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 60000 00 ComptrollerGenerals Report 135 6 Paid for commissions or brokerage 144392 67 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 4056 60 8 Paid for state national and local taxes in this and other states 18425 10 Loss on sale of ledger assets 1029 38 Aggregate amount of actual expenditures during the year in cash 500830 94 VIBisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 349424278 00 3680863 54 2 Written or renewed during the year 276776796 00 3023539 89 3 Total 626201074 00 6704403 43 4 Deduct those expired and marked off as terminated 252113339 00 2796525 05 5 In force at the end of the year374087735 00 3907878 38 6 Deduct amount reinsured 295047434 00 3097084 36 7 Net amount in force 79040301 00 810794 02 Business in the State of Georgia During the Year Fire marine and inland risks written 2105645 00 Premiums received gross 35396 73 Losses paid 15399 88 Losses incurred 15355 88 GERMAN AMERICAN FIRE INSURANCE COMPANY OF NEW YORK Wm N Kremer President Chas G Smith Secretary Principal Office 1 Liberty St New York City S Y Tupper Jr Attorney for Service in Georgia ICapital 1 Whole anount of capital stock 1500000 00 2 Amount paid up in cash 1500 000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 1701403 21 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 137000 00136 ComptkollerGenebals Repobt 3 Interest aeerued thereon 2 158 50 4 Value of lands mortgaged exclusive of buildings and perishable improvements 111000 00 5 Value of buildings mortgaged insured for 15800000 as collateral 158000 00 6 Total value of said mortgaged premises carried inside 269000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 10 n T1Ue 13374725 00 it Cash m companys principal office 16293 54 13 Cash belonging to the company deposited in banks 538604 16 Total cash items 554897 70 15 Interest due and accrued on stocks not included in mar ket value uncollected 49J71 00 17 Cash in hands of agents and in course of transmission 1348478 49 All other assets both real and personal viz Rents due and accrued 172818 bank balances 55000 total 2278 18 Total assets of the company actual cash market value 1717oll2 08 IIILi abiliti es 1 Losses due and unpaid 105 536 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses o g 442 qq 3 Losses resisted including interest costs and other expenses thereon 84 565 00 4 Total gross amount of claims for losses 1107543 00 5 Deduct reinsurance thereon 387 150 80 6 Net amount of unpaid losses 720 392 20 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or loss from date of policy 42382394 un earned premiums fifty per cent 2119119 47 8 Gross premiums without any deduction received md receivable upon nil nnex pired fire risks running more than one year from date of policy 905292482 unearned premiums pro rata 4798333 17 11 Total unearned premiums as computed above carried 1 0llt 6917452 64 17 Due and accrued for salaries rent advertising and for agency nnd other miscellaneous expenses 6707 68OOMPTBOLLEBGrENEBAL S RePOBT 137 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Taxes 12820000 return premiums 5 94892 reinsurance 29079879 rents in advance 75575 commissions and brokerage 5745617 total 483159 63 20 Total amount of all liabilities except capital stock scrip and net surplus 8127712 09 21 Joint stock capital actually paid up in cash 1500000 00 23 Surplus beyond capital and all other liabilities 7542399 99 24 Aggregate amount of all liabilities including capital paid up and net surplus 17170112 08 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 1584113 27 3 Net collected 1584113 27 4 Gross premiums on risks written and re newed during the year 11693574 14 5 Total 13277687 41 6 Deduct premiums and bills in course of col lection at this date 1637238 05 7 Entire premiums collected during the year 11640449 36 8 Deduct reinsurance and return premiums 4543376 48 9 Net cash actually received for premiums carried out 7097072 88 10 Received for interest on bonds and mortgages 6827 50 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 617237 62 12 Income received from all other sources omitting increase if any in value of securities viz Rents 14092667 profit on sale of ledger assets 3590731 agents balances previously charged off 200179 premiums collected on business placed with other companies 1560559 total 194441 36 15 Aggregate amount of income actually received during the year in cash 7915579 36 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 76264961 losses occurring in previous years 4799942 56138 COMPTBOLLEBGrENEBAL s REPOBT 2 Deduct ail amounts actually received tor salvages whether on losses of the last or of previous year 4671493 and all amounts actually received for reinsur ance in other companies 127411902 total deductions 1320833 95 Net amount paid during the year for losses 3479108 61 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 450000 00 6 Paid for commissions or brokerage 1281431 28 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 754373 95 8 Paid for state national and local taxes in this and other states 228710 44 9 All other payments and expenditures viz Rents 65 83019 advertising 7702803 underwriters bureaus and inspections 12780428 real estate and other ex penses 17820898 total 448871 48 Aggregate amount of all expenditures during the year in cash 6643495 73 VIBisks and Premiums Fire Bisks Premiums Thereon In force on the 31st day of December1682349731 00 15881231 99 2 Written or renewed1182067410 00 11699574 14 3 Total 2864417141 00 27580806 13 4 Deduct those expired and marked off 1112456047 00 10992864 42 5 In force at end of year 1910 1751961094 00 16587941 71 6 Deduct the amount reinsured in other rompanies 352774696 00 3296777 95 7 Net amount in force1399186398 00 13291163 76 Business in the State of Georgia During the Year Fire marine and inland risks written 7305 374 00 Premiums received gross 119 250 94 Loss paid 87952 76 Losses incurred 100875 22 GEBMANIA FIRE INSURANCE COMPANY OF NEW YORK Hugo Schumann President Gustav Kehr Secretary Principal Office 62 William St New York S C Williams Atlanta Attorney for Service in GeorgiaCompteollebGeneeal s Repobt 139 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 incumbranees thereon 750000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 589000 00 3 Interest accrued thereon 7454 74 4 Value of lands mortgaged exclusive of buildings and perishable improvements 352400 00 5 Value of buildings mortgaged insured for 36400000 as collateral 459400 00 6 Total value of said mortgaged premises carried inside 811800 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4355136 75 12 Cash in companys principal office 8867 83 13 Cash belonging to the company deposited in banks viz National Park Bank New York 22319290 German American Bank New York 18773879 Germania Bank New York 5000000 N Y Life Insurance Trust Co New York 100 00000 Corn Exchange National Bank Chicago 7030831 total 640107 83 Total cash items 640107 83 17 Cash in hands of agents and in course of transmission 486713 62 All other assets both real and personal viz Rents 39166 interest accrued on bonds 2527735 total 25669 01 Total assets of the company actual cash market value 6648081 95 Less balances over three months due 5110 28 6648971 67 TILLiabilities 1 Losses due and unpaid 129634 35 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 127157 98 3 Losses resisted including interest costs nnd other expenses thereon 31183 28 140 ComptrollerGenerals Report 4 Total gross amount of claims for losses 287975 61 5 Deduct reinsurance thereon 52267 40 6 Net amount of unpaid losses 235 708 21 7 Gross premiums without any deduction received and receivable upon all unex pired fire losses running one year or less from date of policy 154798546 un earned premiums fifty per cent 779992 73 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 481656453 unearned premiums pro rata 2494555 53 11 Total unearned premiums as computed above carried out 3268548 26 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 23750 10 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Taxes due and accrued 4000000 un paid commissions 687688 unpaid return premiums 78045 unpaid reinsurance 2693899 balance held for reinsurance company 2462857 total 99224 89 20 Total amount of all liabilities except capital stock scrip and net surplus 3627231 46 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 2021740 21 24 Aggregate amount of all liabilities including capital paid up and net surplus 6648971 67 TVTncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year 490392 12 3 Net collected 490392 12 4 Gross premiums and risks written and re newed during the year 3879221 25 5 Total 4369613 37 6 Deduct premiums and bills in course of col lection at this date 486713 62 7 Entire premiums collected during the year 3882899 75 8 Deduct reinsurance and return premiums 907042 65 9 Net cash actually received for premiums carried out 2975857 10CompteolleeGeneeals Repobt 141 10 Received for interest on bonds and mortgages 19090 24 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 208598 81 Increase in reserve held for reinsurance companies 143 42 15 Aggregate amount of income actually received during the year in cash 3203689 57 VExpenditures During the Year 1 Gross amount actually paid fox losses in cluding 24647682 losses occurring in previous years 1637817 29 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1201478 and all amounts actually received for reinsur ance in other companies 26654110 total deductions 278555 88 Net amount paid during the year for losses 1359261 41 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 180000 00 6 Paid for commissions or brokerage 771277 95 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 253361 62 8 Paid for state national and local taxes in this and other states 9251 07 9 All other payments and expenditures viz Profit and loss account item 10035297 furniture and maps 13 16072 advertising board exchange patrol legal of fice postage express printing stationery rents and survey 11342867 total 226942 36 Aggregate amount of actual expenditures during the vear in cash 2883360 41 VIRisks and Premiums Mre Risks Premiums Thereon 1 In force on the 31st day of December 702529462 00 6794276 73 2 Written or renewed during the year 382648686 00 3879271 25 3 Total 1085178148 00 10673547 98 4 Deduct those expired and marked off 361290368 00 3656148 08 5 In force at the end of the year 723887780 00 7017399 90 6 Deduct amount reinsured 60165523 00 652849 81 7 Net amount in force 603722257 00 6364550 09142 ComptrolleeGenebals Repoet Business in the State of Georgia During the Year Fire marine and inland risks written 3 844 880 00 Premiums received gross 62496 99 BSesaid 27577 41 Losses mcurred 27287 5J GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS N Y J L Cunningham President E w West Secretary Principal Office Glen and Bay Sts Glens Falls N Y ICapital 1 Whole amount of capital stock 2 Amount paid up in cash IIAssets 200000 00 200000 00 1 Market value of real estate owned by the company less the amount of ineumbrances 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 3 99372 interest accrued thereon 706682 total 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 37058 43 1775185 00 11060 54 value 12 Cash in companys principal offices Glens Falls and Chicago 13 Cash belonging to company deposited in banks 2521958 22 3667 72 677537 97 Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncollected 16 Interest due and accrued on deposits and uncollected 17 Cash in hands of agents and in course of transmission Rents due and accrued 683205 69 26428 06 2491 65 247360 00 150 00 Total assets of the company actual cash market value 5302897 59 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 167017 20 3 Losses resisted including interest costs and other expenses thereon 5500 00ComptrollerGenerals Beport 143 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 172517 20 36190 15 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire losses running one year or less from date of policy 97426590 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 365182192 unearned premiums pro rata 136327 05 487132 95 1662850 17 11 Total unearned premiums as computed above carried out 14 Amount of dividends declared but not yet due 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 2149983 12 160000 00 61130 96 2507441 13 200000 00 2595456 46 24 Aggregate amount of all liabilities including capital paid up and net surplus 5302897 59 IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 2530758 89 8 Deduct reinsurance and return premiums 564597 68 9 Net cash actually received for premiums carried out 1966161 21 10 Received for interest on bonds and mortgages 88539 83 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 146793 91 12 Income received from all other sources omitting increase if any in value of securities viz Rents 4391 00 Agents balances previously charged off 37035 13 15 Aggregate amount of income actually received during the year in cash 2242921 08 VExpenditures During the Tear 1 Gross amount actually paid for losses in cluding 11481546 losses occurring in previous years 1072080 93 144 ComptrollerGenerals Beport 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 417732 and all amounts actually received for reinsur ance in other companies 9614387 total deductions 00 321 19 Net amount paid during the year for losses 971759 74 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 240000 00 6 Paid for commissions or brokerage 418l27 47 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 165 776 63 8 Paid for state national and local taxes in this and other states 71389 52 9 All other payments and expenditures 136977 95 Aggregate amount of actual expenditures during the year in cash 2004031 31 VIRisks and Premiums Fire Bisks Premiums Thereon 1 in force on the 31st day of December 399475000 00 4290533 62 2 Written or renewed during the year 228484766 00 253075S 89 310if 627959766 00 6821292 51 1 Deduct those expired and marked off 208826417 00 2370409 33 5 In force at the end of the year419133349 00 4450883 18 6 Deduct amount reinsured 27521019 00 311928 31 7 Net amount in force 391612330 00 4138954 87 Business in the State of Georgia During the Tear Fire marine and inland risks written 2100399 00 Premiums received gross 34927 og ossespaid 1MUW Losses incurred GLOBE RUTGERS FIRE INSURANCE CO OF NEW YORK CITY E C Jameson President w H Paulison Secretary Principal Office 111 William Street New York City T L Riley Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 400000 00 2 Amount of ledger assets December 31 of previousyear 4914660 15 Kxt0ded at 4914660CompteollebGeneeals Repoet 145 ITIncome Gross premiums 4309106 04 Deduct gross amount paid for Reinsurance fire 480035 55 Return premiums fire 764808 10 Total 1244843 65 7 9 11 12 15 16 17 26 28 Total premiums other than perpetual Gross interest on mortgage loans Gross interest on bonds and dividends on stocks less 56221 accrued interest on bonds acquired during 1910 Gross interest on deposits in trust com panies and banks Philadelphia Board of Underwriters 200 Gross rents from companys property 3064262 39 5180 95 182262 86 3712 64 6 20 5592 00 Total gross interest and rents Gross profit on sale or maturity of ledger assets viz b Bonds t c Stocks 7500 00 2433 15 196754 65 9933 15 Total income 3270950 19 III Disbursements Gross amount paid policyholders for losses including 26931572 occurring in previous years 1895810 09 Deduct amount received for Salvage fire 19102 26 Keinsurance fire 255487 02 Discount fire 4444 94 Total 279034 22 9 10 11 12 13 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 Rents Advertising 157215 printing and stationery 4 70815 total Postage telegrams telephone and express Legal expenses Furaiture and fixtures 1616775 87 27414 98 582356 21 109232 58 9000 00 6280 30 5689 21 4006 82 5598 60146 ComptbolleeGenebals Repobt 14 Maps including corrections 4 139 lg 15 Underwriters boards and tariff associations 11240 46 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 13968 12 17 Inspections and surveys 11 695 44 18 Repairs and expenses other than taxes on real estate 481 38 19 Taxes on real estate 1 073 27 20 State taxes on premiums 37 849 02 21 Insurance department licenses and fees 3524 21 22 All other licenses fees and taxes Franchise taxes 8460 06 U S Government income tax 3076 23 11536 29 23 Other disbursements 25 Paid account interest on borrowed money 8902 00 27 Miscellaneous expense 6250 75 29 Paid account borrowed money 80000 00 32 Total 95152 75 34 Paid stockholders for interest or dividends amount de clared during the year 16000000 160000 00 38 Gross loss on sale or maturity of ledger assets viz c Stocks 704i 20 40 Total disbursements 2724055 89 IVLedger Assets 1 Book value of real estate 72945 00 2 Mortgage loans on real estate first liens 108700 00 4 Book value of bonds 102959628 and stocks 351117284 total 4540769 12 5 Cash in companys office 41913 11 6 Deposits in trust companies and banks not on interest 60000 00 7 Deposits in trust companies and banks on interest 77602 61 8 c Agents balances representing busi ness written subsequent to October 1 1910 534231 11 9 d Agents balances representing busi ness written prior to October 1 1910 25393 50 16 Total ledger assets 5461554 45 XrvnLedger Assets 17 Interest accrued on mortgages 1216 91 18 interest accrued on bonds 6 800 10 20 Interest accrued on other assets 13159 75 24Total 2117676ComptrollerGenerals Report 147 27 f Other nonledger assets viz Due account reinsur anee loss account Eossia Insurance Co 1295035 Fidelity Phenix 46791 Stuyvesant 10067 Pacific 8655 Spring Garden 10255 American Fire of Pennsylvania 1600 total 13724 03 30 Gross assets 5496455 24 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 25393 50 37 Book value of ledger assets over market value 215699 62 39 Total 241093 12 40 Total admitted assets 5255362 12 VLiabilities 1 Gross losses adjusted and unpaid not yet due 112616 00 2 Gross claims for losses in process of adjust ment or in suspense including all re ported and supposed losses 261192 00 3 Gross claims for losses resisted 52670 00 4 Total 426478 00 5 Deduct reinsurance due or accrued 43191 00 6 Net amount of unpaid losses and claims 383287 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 including interest premiums on perpetual fire risks 2 70517212 unearned premiums fifty per cent 1352586 06 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 102715200 unearned premiums pro rata 583638 80 12 Total unearned premiums as computed above 1936224 86 17 Interest due or accrued on borrowed money 1750 00 19 Salaries rents expenses bills accounts fees etc due or accrued 1250 00148 CompteolleeGeneeal s Repoet 20 State county and municipal taxes due or accrued 15000 00 21 Commissions brokerage and other charges due or to be come due to agents and brokers 17486 89 23 Due and to become due for borrowed money 135000 00 27 Total amount of all liabilities except capital 2489998 75 28 Capital actually paid up in cash 400000 00 29 Surplus over all liabilities 2365363 37 30 Surplus as regards policyholders 2765363 37 31 Total liabilities 5255362 12 VIRisks and Premiums Fire Kisks Premiums Thereon 1 In force on the 31st day of December 312209686 00 3975413 22 2 Written or renewed during the year 382682433 00 4309106 04 3 Total 694892119 00 8284519 26 4 Deduct those expired and marked off 353933242 00 4195787 10 5 In force at the end of the year340958877 00 6 Deduct amount reinsured 29395406 00 4088732 16 356408 04 7 Net amount in force 1811663473 00 3732324 12 Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 39616 71 20011 61 12669 63 HAMBURGBREMEN FIRE INS CO OF HAMBURG GERMAN v F O Affeld Manager U S Branch Principal office in the U I 1 23 William St New York City Attorney for Service in GeoTgia W F Pattillo Atlanta Ga ICapital 1 Whole amount of capital stock 1500000 ill 2 Amount paid up in cash 615000 00 3 Amount in notes of the stockholders 885000 00 IIAssets in United States Total par and market value of stocks and bonds owned absolutely by the company and carried out nt market value 1739126 01CompteollebGeseeals Eepoet 149 13 Cash belonging to the company deposited in Bank of America New York City 46166 14 17 Cash in hands of agents and in course of transmission 199846 93 Total assets of the company actual cash market value 1985139 12 IIILiabilities in United States 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 124745 00 3 Losses resisted including interest costs and other expenses thereon 40550 00 4 Total gross amount of claims for losses 165295 00 6 Net amount of unpaid losses 132600 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 94264339 un earned premiums fifty per cent 471321 70 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 130548939 unearned premiums pro rata 683471 28 Total unearned premiums as computed above carried out 1154792 9S Due and accrued for salaries rent taxes advertising and for agency and other miscellaneous expenses 34303 34 Total amount of all liabilities except capital stock scrip and net surplus 1321696 32 Surplus beyond capital and all other liabilities 663442 80 Aggregate amount of all liabilities including capital paid up and net surplus 1985139 12 IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 2034372 66 5 Total 2034372 66 8 Deduct reinsurance and return premiums 643523 84 9 Net cash actually received for premiums carried out 1390848 82 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 70498 14 11 17 20 23 24150 ComptbollebGeneeals Repobt 12 Income received from all other sources omitting increase if any in value of securities viz Agents balances previously marked off 90 53 14 Amount of remittances from home office during the year 1752 78 15 Aggregate amount of income actually received during the year in cash 1461437 49 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 5828324 losses occurring in previous years 969149 93 2 Deduct all amounts actually received for salvages whether on losses of the last or previous year 1564412 and all amounts actually received for reinsur ance in other companies 18381977 discount 133952 total deductions 200803 41 Net amount paid during the year for losses 768346 52 6 Paid for commissions or brokerage 228793 88 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 168789 49 8 Paid for State National and local taxes in this and other States 42509 77 9 All other payments and expenditures viz Postage ex pressage telegrams rents maps printing stationery advertising furniture and fixtures patrol and board expenses etc 97r53 66 10 Amount sent to home offices during the year 11317225 Aggregate amount of actual expenditures during the year in cash 1305993 32 VIRisks and Premiums Fire risks Premiums thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 237160745 00 2840069 92 2 Written or renewed during the year per income No 5 165751428 00 2034372 66 3 Total 402912173 00 4874442 58 4 Deduct those expired and marked off as terminated 162953161 00 2004906 45ComptrollerGeneral s Report 151 5 In force at the end of the yeax239959012 00 2869536 13 6 Deduct amount reinsured 49090143 00 621403 35 7 Net amount in force 190868869 00 2248132 78 Business in the State of Georgia During the Year FiTe risks written 2288159 00 Premiums received gross 30687 61 Losses paid H500 52 Losses incurred 12275 52 HANOVER FIRE INSURANCE COMPANY OF NEW YORK R Emory Warfield President Joseph MeCord Secretary Principal Office 3436 Pine Street New York Christopher L Stoney 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 1129473 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3S0 0I 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 350000 as collateral 5000 00 6 Total value of mortgaged premises car ried inside 7500 00 9 Total par and market value of all said stocks and bonds owned absolutely by the company carried out at market value 3075304 HI 12 Cash in companys principal office 2461 29 13 Cash belonging to the company deposited in banks viz Bank of America 10 39173 German American 686527 Central Trust Co 1193612 Seaboard National 14488769 Astor Trust Co 1217401 Guarantee Trust Co 20000 total 186454 82 Total cash items 188916 I 1152 ComptbolleeGexebals Repobt 15 17 Interest due and accrued on stocks and bonds not included in market value uncollected Gash in hands of agents and in course of transmission All other assets both real and personal viz Rents due and accrued 21305 due from other companies for re insurance on losses already paid 1821424 interest on deposit in Astor Trust Co 20864 total 30232 97 374601 75 18635 93 Total assets of the company actual cash market value 4820678 34 IIILiabilities 1 Losses due and accrued and unpaid 59299 68 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 165899 39 3 Losses resisted including interest costs and other expenses thereon 26735 97 4 Total gross amount of claims for losses 251935 04 5 Deduct reinsurance thereon 39 884 18 6 Net amount of unpaid losses 212 050 86 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 151913475 un earned premiums fifty per cent 759567 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 275327764 unearned premiums pro rata 1449433 55 9y2 Excess of original premiums over amounts received for reinsurance 604128 unearned premiums 1666 23 11 Total unearned premiums as computed above carried out 2210667 15 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 8 477 79 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Due and accrued for taxes 45000 com missions and brokerage 845992 return premiums 665889 reinsurance premiums 3820187 rents paid in advance 308240 total 101403 08ComptbolleeGtEnerals Report 153 20 Total amount of all liabilities except capital stock scrip and net surplus 2532598 88 21 Joint stock capital actually paid up in cash 1000000 00 24 Aggregate amount of all liabilities including capital paid up and net surplus 4820678 34 IVIncome During the Year 7 Entire premiums collected during the year 3347640 85 8 Deduct reinsurance and return premiums 924414 78 9 Net cash actually received for premiums carried out 10 Beceived 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 Bents 7439945 from agents balances 103370 sale of securities 2735087 total 2423226 07 175 00 133538 88 102784 02 15 Aggregate amount of income actually received during the year in cash 2659723 97 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 21920173 losses occurring in previous years 1478304 55 2 Deduct all amount actually received for salvages whether on losses of the last or of previous year 1147322 and all amounts actually received for reinsur ance in other companies 21361868 discount 230853 total deductions 227400 43 Net amount paid during the year for losses 1250904 12 4 Cash dividends actually paid stockholders amount of stockholders dividends declared uring the yeaT 150000 00 6 Paid for commissions or brokerage 490107 75 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 223040 54 8 Paid for State National and local taxes in this and other States 96126 43 9 All other payments and expenditures 281912 19 Aggregate amount of actual expenditures during the year in cash 2492091 03154 CoMPTROLLERGrENEBAL s REPORT VIBisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 455317383 50 4670551 10 2 Written or renewed during the year per income No 5 323310886 00 3347640 85 3 Total 778628269 50 8018191 95 4 Deduct those expired and marked off as terminated 300220570 04 3117532 59 5 In force at the end of the year478407699 46 4900659 36 6 Deduct amount reinsured 64922850 29 628246 97 7 Net amount in force413484849 17 4272412 39 Business in the State of Georgia During the Tear Fire risks written Premiums received gross Losses paid Losses incurred 3492634 00 35930 12 13628 95 17028 02 HAETFORD FIRE INSURANCE COMPANY OF CONNECTICUT Ohas E Chase President Fredk Samson Secretary Home Office 125 Trumbull St Hartfoid Conn ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets December 31 of previous year 22096030 16 4 Extended at 22096030 16 IIIncome Fire Marine and Inland 5 Gross premiums 19415663 16 675894 51 6 Deduct gross amount paid for Reinsurance fire 174644956 marine and inland 818139 return premiums fire 242073509 marine and inland 12650276 4167184 65 134684 15ComptrollerGenerals Report 155 7 Total premiums other than perpetual 15248478 51 541210 36 15789688 87 9 Gross interest on mortgage loans 23599 80 10 Gross interest on collateral loans 597 42 11 Gross interest on bonds and dividends on stoeks less 1987398 accrued interest on bonds acquired during 1910 814998 75 12 Gross interest on deposits in trust com panies and banks 16809 05 16 Gross rents from companys property in cluding 2250000 for companys occu pancy of its own buildings 47650 39 17 Total gross interest and rents 903655 41 18 From other sources 19 Conscience money 850 00 20 Premium on exchange of bonds 1997 50 21 Rent on property previously sold 147 30 22 Received from reinsuring companies un der treaty72545 23 75540 08 239 56 26 Gross profit on sale or maturity of ledger assets viz a Real estate 28787 03 c Stocks 15000 00 43787 08 28 Total income 16812910 90 ITIDisbursements Fire Marine and Inland Gross amount paid policy holders for losses includ ing 145025266 occur ring in previous years Deduct amount received for Salvage fire 58 10422 marine and in land 481027 reinsur ance fire 127135313 marine and inland 8 81994 total 1329457 35 497573 51 169220 99 13630 21 3 Net amount paid policy holders for losses 8168116 16 155590 78 8323706 94 4 Expenses of adjustment and settlement of losses 146310 76 5 Commissions or brokerage 2909587 56156 ComptrollekGenebals Eepokt 7 Salaries 56502182 and expenses 28181725 of special and general agents 846 839 07 8 Salaries fees and all other charges of officers directors trustees and home office employees 632 753 09 9 Hents including 2250000 for companys occupancyof its own buildings 101 803 10 10 Advertising 14920492 printing and stationery H1 31174 totalI7 29051666 11 Postage telegrams telephone and express 141 309 21 12 Legal expenses 13 Furniture and fixtures 20 S10 61 14 Maps including corrections 34o81 67 15 Underwriters boards and tariff associations i9174i 6 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 77 695 79 17 Inspections and surveys 5897 7g 18 Repairs and expenses other than taxes on real estate 21055 15 19 Taxes on real estate u323 20 State taxes on premiums 251 200 08 21 Insurance department licenses and fees 50402 30 22 All other licenses fees and taxes State tax on capital stock 101000 00 United States corporation tax 17183 80 93 rnrVr3 mnicipaJ taxes and fees WB 75 161429 55 is Other disbursements viz 24 Interest on reserve held for reinsuring companies 15 Assessment on Ontaria Bank stocks 4 116 67 26 Commercial reports and ratings 9145 55 27 Toilet supplies ice and water 2833 79 28 Insurance of all classes 5356 u 32 Total 34 Paid stockholders for interest or dividends amount de 37 A f th ear 80000000 800 000 00 37 Agents balances charged off 7444 38 Gross loss on sale or maturity of ledger Assets viz b Bonds per Schedule I 17 359 01 c Stocks per Schedule D 9m 99 m 39 Gross decrease by adjustment in book value of ledger assets viz a Real estate per Schedule A 44 595 00 0 Bonds per Schedule D r997 50 4Jm n 40 Total disbursements j 15195270 42 IVLedger Assets 1 Book value of real estate 791i824 16 2 Mortgage loans on real estate first liens 465166 67 12 16 17 18 19 23 24 25 26 30 34 40 ComptbolleeGenebals Eepoet Loans secured by pledge of bonds stocks or other collateral 10000 00 Book value of bonds 1746816084 and stocks 135153140 total 18819692 24 Cash in companys office 2683 82 Deposits in trust companies and banks not on interest 146669 04 Deposits in trust companies and banks on interest 1067108 97 Agents balances representing business written subsequent to October 1 1910 2334534 15 Agents balances representing business written prior to October 1 1910 72491 59 Other ledger assets viz Certificate of Treasurer of Cook County 111 for bal ance due on sale of real estate 3500 00 157 Total ledger assets 23713670 64 NonLedger Assets Interest accrued on mortgages Interest accrued on bonds Interest accrued on collateral loans Rents accrued on companys property or lease 4464 58 234529 51 255 13 1395 21 Total Market value of real estate over book value Market value of bonds and stocks over book value 240644 43 2275 84 479535 67 Gross Assets 24436126 58 Deduct Assets Not Admitted Agents balances representing business written prior to October 1 1910 7241 59 Total admitted assets 24363634 99 VLiabilities Gross losses adjusted and unpaid not yet due 500751 51 Gross losses in process of adjustment or in suspense including all reported and supposed losses 974679 74 Gross losses for claims resisted 129238 33 Ttaj 1604669 58 Deduct reinsurance due or accrued 149742 99 158 CoMPTROLLERGeXEKAL S REPORT 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived and receivable upon all uoex pired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 10 87309037 unearned premiums fifty per cent 8 Gross premiums less reinsurance re ceived and receivable upon all nnex pired fire risks running more than one year from date of policy 1500368848 unearned premiums pro rata 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 51202877 unearned premiums fifty per cent 11 Excess of original premiums over amount received for reinsurance 1219692 unearned premiums pro rata 1454926 59 5436545 19 8086083 03 256014 39 6098 46 12 Total unearned premiums as computed above 13784 741 07 20 State county and municipal taxes due or accrued 200000 00 27 Total amount of all liabilities except capital 15439667 88 Capital actually paid up in cash 2000000 00 29 Surplus over all liabilities g 923 967 33 30 Surplus as regards policyholders g 923967 33 31 Total liabilities 24363634 99 VTBisks and Premiums Pire Risks Premiums Thereon 1 In force on the 31st day of December 2141140881 00 25153111 09 2 Written or renewed during the year 1701167157 00 19 415663 16 3 Total 3842308038 00 44568774 25 4 Deduct those expired and marked off 1516984758 00 18127091 22 5 In force at the end of the year 2325323280 00 26441683 03 6 Deduct amount reinsured 85700263 00 564904 18 Net risks written 23174576 00 335615 00 Business in the State of Georgia During the Tear 26 Gross risks written 26180008 00 577 465 00 Less risks cancelled 3005432 00 241850 00 Net risks written 23174576 00 241850 00COMPTROLLERGrENERAL S REPORT 159 27 Gross premiums on risks written 409956 15 10049 74 Less return premiums and premiums for reinsurance 45856 87 1540 68 Net premiums received 364099 28 8509 06 28Losses paid deducting salvage 19951108 3054 55 Less losses on risks reinsured 1494 36 Net losses paid 198016 72 3054 55 29 Losses incurred 171592 21 6284 55 Less losses on risks reinsured 1177 93 Net losses incurred 170414 28 6284 55 THE HOME INSURANCE COMPANY OF NEW YORK N Y Elbridge G Snow President Chas L Tyner Secretary Principal Office 56 Cedar St New York 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 amount of incumbrances thereon 1150000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 48300 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 74400 00 5 Value of buildings mortgaged insured for 71800 as collateral 91600 00 6 Total value of said mortgaged premises carried inside 166000 00 Total par and market value of all said stocks and bonds owned absolutely by the company carried out at market value 24114901 00 13 Cash belonging to the company deposited in banks viz American Exchange National Bank New York 1096 82675 Hanover National Bank New York 24439263 Fourth National Bank New York 45013732 United States Mortgage Trust Co New York 43176032160 ComptrollerGenerals Report Guaranty Trust Company New York 20033382 Trust Company of America New York 20000000 Standard Trust Company New York 20000000 total 2823450 84 17 Cash in hands of agents and in course of transmission 2042261 79 Total assets of the company actual cash market value 30178913 63 III Liabilities 1 Losses due and unpaid 223432 15 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 1387159 23 3 Losses resisted including interest costs and other expenses thereon 79586 74 4 Total gross amount of claims for losses 1690178 12 5 Deduct reinsurance thereon 521862 38 6 Net amount of unpaid losses 1168 315 74 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 770389000 un earned premiums fifty per cent 3851945 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 1333030200 unearned premiums pro rata 7106871 00 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and Marine risks 609454 00 10 Gross premiums without any deduction received and receivable on all unexpired marine risks 77603 00 11 Total unearned premiums as computed above carried out 11645873 00 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 100 000 00 18 Reserve for taxes 200000 00 18 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Unpaid commissions 6781314 unpaid reinsurance 16729857 total 235 111 71 Reserve as a conflagration surplus l 500 000 00CompteolleeGeneeals Repobt 161 20 Total amount of all liabilities except capital stock scrip and net surplus 14849300 45 21 Joint capital stock actually paid up in cash 3000000 00 23 Surplus beyond capital and all other liabilities 12329613 18 24 Aggregate amount of all liabilities including capital paid up and net surplus 30178913 68 Amount of unearned premiums represented by installment notesbeing the whole amount of such notes 2278161 01 TVIncome During the Year Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 204563 64 110813 72 Net collected 204563 64 110813 72 Gross premiums on risks written and renewed dur ing the year 17856969 38 1027750 72 Total 18061533 02 1138564 44 Deduct premiums and bills in course of collection at this date 230647 01 110213 88 Entire premiums collected during the year 17830886 01 1028350 56 Deduct reinsurance and re turn premiums 5286041 66 399281 44 10 11 12 15 Net fash actually received for premiums carried out 12544844 35 629069 12 13173913 47 Received for interest on bonds and mortgages 3267 48 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 1062523 10 Income received from all other sources omitting increase if any in value of securities viz Bents 171601 48 Profit on sale of securities 630836 61 profit and loss account 277767 total 633614 28 Aggregate amount of income actually received during the year in cash 15044919 81162 ComptrollerGeneral s Report VExpenditures During the Year 1 Gross amount actually paid for losses including 1 09342747 losses occur ring in previous years 7116005 67 430159 10 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 6275295 and all amounts actually re ceived for reinsurance in other companies 1719 10196 total deductions 1652050 11 129804 80 Net amount paid during the year for losses 5463955 56 300354 30 5764309 86 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 900000 00 6 Paid for commissions or brokerage 2509387 17 7 Paid for salaries fees and otheT charges of officers clerks agents and all other employees 666641 09 8 Paid for State National and local taxes in this and other States 368839 44 9 All other payments and expenditures viz Traveling expenses rent advertising stationery and printing postage telegrams express legal expenses furniture and fixtures maps including corrections underwriters boards fire patrol inspections and surveys repairs and surveys repairs and expenses on real estate exchange lunch for officers and home office employees incident als profit and loss account 933026 20 Aggregate amount of actual expenditures during the year in cash 11142203 76 Business in the State of Georgia During the Year Fire Bisks Marine Inland Aggregate Fire marine and inland risks written 33485925 00 172580 00 33658505 00 Premiums received gross 227539 17 6103 53 233642 70 Losses paid 133265 85 12340 17 145606 02 Losses incurred 162213 16 12942 67 175155 83 IComptrollerGeneral s Report 163 INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA Eugene L Ellison President T Houard Wright Secretary Home Office 232 Walnut St Philadelphia Pa ICapital Stock 1 Amount of capital paid up in cash 4000000 00 2 Amount of ledger assets as per balance December 31 of previous year 13133559 12 3 Increase of paid up capital during the year 100000000 paid in on surplus 500 00000 total 1500000 00 4 Extended at 14633559 12 IIIncome 5 Gross premiums 8035342 35 4345658 02 6 Deduct gross amount paid for reinsurance fire 77655256 marine and inland 102287730 return premiums fire 100319370 marine and inland 58766498 1779746 26 1610542 28 11 12 14 15 16 Total premiums other than perpetual 6255596 09 2735115 Deposit premiums written on perpetual risks gross Gross interest on mortgage loans Gross interest on bonds and dividends on stocks less 1012721 accrued interest on bonds acquired during 1910 Gross interest on deposits in trust com panies and banks Branch office hank balances Deferred settlements etc Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 74 17694 21 529743 87 17742 10 327 53 364 57 19605 19 sMi711 83 11073 48 17 Total gross interest and rents 19 Perpetual permits transfer fees and earned deposits 20 Conscience money received 21 Profit on sale of unsubscribed stock 585477 47 2678 69 75 00 541 07 24 Total 25 Prom agents balances previously charged off 3294 79 806 37164 ComptrollerGenerals Report 26 Gross profit on sale or maturity of ledger assets viz Bonds 639000 stocks 4671250 total 53102 50 28 Total income 9644466 41 111Disbursements Fire Marine and inland 1 Gross amount paid pol icyholders for losses 2 Deduct amount received for salvage fire 35 36080 marine and in land 40339006 re insurance fire 308 25147 marine and in land 50205165 total 3484198 7b 2394S74 95 343612 27 905441 71 10 11 12 13 14 15 16 17 18 19 20 21 22 24 M Net amount paid policy holders for losses 3140586 49 1489433 24 4630019 73 Expenses of adjustment and settlement of losses 67669 97 Commissions or brokerage 1989793 57 Allowances to local agencies for miscellaneous agency expenses 150291 20 Salaries 29211866 and expenses 9054654 of special and general agents 382665 20 Salaries fees and all other charges of officers directors trustees and home office employees 182875 21 Rents including 1000000 for companys occupancy of its own buildings 40298 00 Advertising 2950887 printing and stationery 60 34924 total 89858 11 Postage telegrams telephone and express 54742 42 Legal expenses 11602 05 Furniture and fixtures 15259 67 Maps including corrections 14414 67 Underwriters boards and tariff associations 50208 24 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 15941 20 Inspections and surveys 32315 98 Repairs and expenses other than taxes on real estate 3321 71 Taxes on real estate 3860 80 State taxes on premiums 158358 99 Insurance department licenses and fees 30613 43 All other licenses fees and taxes viz Pennsylvania tax on capital stock 1879223 Virginia Custody tax 2650 municipal licenses 1030003 United States income tax 1063306 total 39752 42 Home office management expenses 16376 66 Deposit premiums returned 21894 18ComptrollerGenerals Beport 165 34 Paid stockholders for interest or dividends amount de clared during the year 36000000 360000 00 37 Agents balances charged off 8371 32 38 Gross loss on sale or maturity of ledger assets viz Heal estate 600 00 39 Gross decrease in book value of ledger assets viz Bonds 1125 stocks 51102 total 522 27 40 Total disbursements 8371627 00 IVLedger Assets 1 Book value of real estate 315380 00 2 Mortgage loans on real estate first liens 288275 00 4 Book value of bonds 994933909 and stocks 2505 43783 total 12454776 92 5 Cash in companys office 1988 96 6 Deposited in trust companies and banks not on interest 29146 42 7 Deposited in trust companies and banks on interest 1370847 57 8 Agents balances representing business written subse quent to October 1 1910 1387794 28 9 Agents balances representing business written prior to October 1 1910 10 Bills receivable taken for marine and inland risks 16 Total ledger assets 15906398 53 31646 24 26543 14 17 18 22 26 27 NonLedger Assets interest due 31000 and accrued 2 23080 on mortgages Interest accrued on bonds 2540 80 66666 95 Total Reinsurance claims on losses paid Salvage claims 69207 75 35678 24 70500 00 28 Gross assets 16081784 52 Deduct Assets Not Admitted Agents balances irepresenting business written prior to October 1 1930 Bonds and stocks 32 36 38 Total admitted assets 16040265 42 31646 24 9872 86 VLiabilities Fire Marine and inland Gross losses adjusted and unpaid 106526 11166 C0MPTB0LLERxENEBAls BEPOBT 2 Gross claims for losses in process of adjustment or in suspense includ ing all reported and supposed losses 3 Gross claims for losses resisted 4 Total 5 Deduct reinsurance due or accrued 410212 57 25396 32 542135 00 32635 00 590000 00 590000 00 590000 00 1099500 00 6 Net amount of unpaid losses and claims 509500 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 370781839 un earned premiums fifty per cent 1853909 20 8 Gross premiums received and receivable upon all unexpired fire risks running more than one year from date of pol icy 722673443 unearned premiums pro rata 3795187 80 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 87264812 unearned premiums fifty per cent 10 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 56772722 unearned premiums 50 100 per cent 12 Total unearned premiums as computed above 6379416 23 13 Amount reclaimable by the insured on perpetual fire insurance policies being 90 per cent of the premium or deposit received Commissions brokerage and other charges due or to be come due to agents and brokers 22 Reinsurance premiums 436324 06 293995 17 21 746438 51 80000 00 22576 75 27 Total amount of all liabilities except capital 8327931 49 28 Capital actually paid up in cash 4000000 00 29 Surplus over nil liabilities 3712333 93 30 Surplus as regards policyholders 7 712 333 93 31 Total liabilities ieW265 48CoMPTBOLLEfiGrENEKALs REPORT 167 VIRisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31st day of December 936347416 00 11181661 40 2 Written or renewed during the year 669836846 00 8035342 35 3 Total 1606184262 00 19217003 75 4Deduct those expired and marked off 597661249 00 7384897 02 5 In force at the end of the year1008523013 00 11832106 73 6 Deduct amount reinsured 88634344 00 897553 91 7 Net amount in force 919888669 00 10934552 82 8 Perpetual risks not included above 31883705 79 Premiums on same 823258 92 Business in the State of Georgia During the Year Fire Marine and Inland 26 Gross risks written 8156675 00 28337154 00 Less risks canceled 2268197 00 128502 00 Net risks written 5888478 00 28208652 00 27 Gross premiums received 121719 83 201704 93 Less return premiums 21836 72 42539 30 Net premiums received 99883 11 159165 63 Net losses paid deducting salvage 39677 02 146604 79 Net losses incurred 39913 55 129129 79 INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA J Henry Scattergood President Edgar B Dannel Secretary Principal Office 300 Walnut St Philadelphia BobeTt N Hughes 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 ineumbrances thereon 275541 48 9 Total par and market value of all said stocks and bonds owned absolutely by the company and carried out at market value 533450 20168 ComptbolleeGenebals Repobt 12 Cash in companys principal office 1775 79 IS Cash belonging to the company deposited in banks viz Fourth Street National Bank 1344714 Philadelphia Fire Un derwriters Association 10000 West ern Springfield Risk Association 500 Perpetual Reinsurance 463164 total 18678 78 Total cash items 20454 57 15 Interest due and accrued on stocks not included in mar ket value uneollected 2693 41 17 Cash in hands of agents and in course of transmission not oveT three months due 108142 54 18 Bill receivable not matured taken on fire risks 380 00 All other assets both real and personal as per schedule attached viz Due from other companies for reinsur ance on losses already paid 2033 73 Total assets of the company actual cash market value 942695 93 IIILiabilities 1 Losses due and unpaid 14192 13 2 Gross losses in process of adjustment ot in suspense including all reported and supposed losses 8257 42 3 Losses resisted including interest costs and other expenses thereon 8521 34 4 Total gross amount of claims for losses 105288 09 5 Deduct reinsurance thereon 21738 69 6 Net amount of unpaid losses 83549 40 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 52797896 un earned premiums fifty per cent 263989 48 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 37650239 unearned premiums pro rata 210158 55 9 Reelaimable on perpetual policies 128127 97 11 Total unearned premiums as computed above carried ont 602276 00CompteolleeGenekaxs Report 169 19 20 21 23 24 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Accrued taxes on premiums Not reelaimable on perpetual reinsurance Total amount of all liabilities except capital stock scrip and net surplus Joint capital stock 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 6000 00 463 16 692288 56 200000 00 50407 37 942695 93 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 141377 16 Net collected 141377 16 Gross premiums on risks written and re newed during the year 1102700 05 Total 1244077 21 Deduct premiums and bills in course of collection at this date 108142 54 Entire premiums collected during the year 1135934 67 Deduct reinsurance and return premiums 420771 70 9 11 12 15 Net cash actually received for premiums carried out 715162 97 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 22871 78 Income received from all other sources omitting increase if any in value of securities viz Rents 1643810 perpetual deposits 87338 profit and loss 585 profit sale of securities 30550 total 17622 83 Aggregate amount of income actually received during the vear in cash 755657 58 VExpenditures During the Year Gross amount actually paid for losses in eluding 7978317 losses occurring in previous years Deduct all amounts actually received for salvages whether on losses of the last 580505 07170 COMPTROLLERGrENERAL s REPORT or of previous year 227320 and all amounts actually received for reinsur ance in other companies 10453789 total deductions 106811 09 Net amount paid during the year for losses 473693 98 6 Paid for commissions or brokerage 161699 53 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 66661 07 8 Paid for State National and local taxes in this and other States 14650 47 9 All other payments and expenditures viz Adjusting expenses 1102142 office rent 308143 advertising printing and stationery 666457 postage telegrams and express 309931 legal expenses 20150 maps 140665 Underwriters Association 448871 fire patrol 320750 inspections and surveys 76163 taxes repairs and real estate 1112958 insurance depart ment licenses and fees 330449 interest on borrowed money 20042 exchange 480 miscellaneous ex penses 263116 expenses French spoilation 43748 perpetual deposits returned 603396 total 57674 61 Aggregate amount of actual expenditures during the yeaT in cash 774379 ii VTRisks and Premiums 1 In force on the 31st day of December 1909 as per line 5 under this head ing in last years statement 81929227 00 1080275 11 2 Written or renewed during 1910 93199308 00 1102700 05 3 Total 175128535 00 2182975 16 4 Deduct those expired and marked off as terminated in 1910 87117911 00 1069496 73 5 In force at end of year 1910 88010624 00 1113478 43 6 Deduct the amount reinsured in other 15430620 00 208997 08 companies 7 Net amount in force 72580004 00 904481 35 8 Greatest amount insured in any one risk gross 30000 pt 20000 00 Business in the State of Georgia During the Year Fire risks written 2343077 00 Premiums received gross 40235 33ComptrollerGenerals Report 171 Losses paid Losses incurred 10466 50 11180 24 UNITED STATES BRANCH OP LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY OP LIVERPOOL ENGLAND Henry W Eaton Manager George W Hoyt Deputy Manager Chief Office in United States 45 William St New York Cty R C Reid Atlanta Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year i 13856539 45 4 Extended at 13856539 45 IIIncome 5 Gross premiums 13978837 29 6 Deduct gross amount paid for reinsur ance 379374918 return premiums 2 18394417 total 5977693 35 7 Total premium other than perpetual 8001143 94 8 Deposit premiums written on perpetual risks gross 525 95 9 Gross interest on mortgage loans 166127 50 10 Gross interest on collateral loans 6 00 11 Gross interest on bonds and dividends on stocks less 533234 accrued interest on bonds acquired during 1910 221692 77 12 Gross interest on deposits in trust com panies and banks 26806 81 14 Gross rents from companys property in cluding 42660 for companys occu pancy of its own buildings 127908 87 15 Total gross interest and rents 542541 95 16 Prom other sources viz Premiums on life policies in force 322 52 26 Gross profit on sale or maturity of ledger assete viz Stocks 8042 74 27 Gross increase by adjustment in book value of ledger assets viz Bonds 441 1 28 Total income 8553018 20172 ComptbollebGeneeal s Repobt IIIDisbursements 1 Gross amount paid polieyholders for losses including 73801382 occurring in pre vious years 5818454 65 2 Deduct amount received for salvage 66 35014 reinsurance 189863560 total 1964985 74 3 Net amount paid polieyholders for losses 3853468 91 4 Expenses of adjustment and settlement of losses 111688 92 5 Commissions or brokerage 1626936 99 7 Salaries 10469412 and expenses 7283829 of special and general agents 177532 41 8 Salaries fees and all other charges of officers directors trustees and home office employees 290132 98 9 Rents including 42660 for companys occupancy of its own buildings 52025 51 10 Advertising 3305290 printing and stationery 38 21674 total 71269 64 11 Postage telegrams telephone and express 37371 27 12 Legal expenses 1968 54 13 Furniture and fixtures 4259 01 14 Maps including corrections 13029 84 15 Underwriters boards and tariff associations 86040 50 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 6558 09 17 Inspections and surveys 28619 27 18 Repairs and expenses other than taxes on real estate 47342 74 19 Taxes on real estate 2703261 20 State taxes on premiums 1 20280 27 21 Insurance department licenses and fees 25006 74 22 All other licenses fees and taxes viz Local taxes 95771 53 23 Other disbursements viz Office expenses 3183824 attorneys fees advanced 28550 traveling 953473 life expenditure 1193306 total T91 53 Remittance to home office 1722872 99 33 Deposit premiums returned 6721 97 37 Agents balances charged off 3429 40 38 Gross loss on sale or maturity of ledger assets viz Real estate 62530 00 39 Gross decrease by adjustment in book value of ledger assets viz Real estate 200000 bonds 1089869 stocks 832 total 12907 01 40 Total disbursements 8538379 33ComptrollerGenerals Report 173 IVLedger Assets 1 Book value of real estate 1454558 30 2 Mortgage loans on real estate 3575392 19 3 Loans secured by pledge of bonds stocks or other collaterals 100 00 4 Book value of bonds 445181364 and stocks 124162433 total 5693437 97 5 Cash in companys office 2122 67 6 Deposits in trust companies and banks not on interest 257738 65 7 Deposits in trust companies and banks on interest 1110144 26 8 Agents balances representing business written subsequent to October 1 1910 1734228 40 9 Agents balances representing business written prior to October 1 1910 43455 88 16 Total ledger assets 13871178 32 NonLedger Assets 17 Interest due 384026 and accrued 40 03653 on mortgages 43876 79 18 Interest accrued on bonds 49611 25 20 Interest accrued on other assets 188 20 21 Rents accrued on companys property or lease 10000 00 103676 24 22 Total 13974854 56 23 Market value of real estate over book value 61847 82 28 Gross assets 14036702 38 Deduct Assets Not Admitted 32 Agents balances representing business written prior to October 1 1910 43455 88 36 Bonds 17522364 stocks 7261433 247837 97 291293 85 38 Total admitted assets 13745408 53 VLiabilities 1 Gross losses adjusted and unpaid not yet due 25575 70174 ComptrollerGenerals Report 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 1464309 90 3 Gross claims for losses resisted 99969 00 4 Total 1589854 60 5 Deduct reinsurance due or accrued 792 031 63 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 5 11203475 unearned premiums fifty Per eent 2556017 38 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 8783607 39 unearned premiums pro rate 4591773 05 797822 97 12 Total unearned premiums as computed above 7147 790 43 13 Amount reclaimable by insured on perpetual fire insur ance policies 14 Net premium reserve and all other liabilities except capital under the life insurance or any other special department Salaries rents expenses bills accounts fees etc due or accrued State county and municipal taxes due or accrued 22 Return premiums 6978567 reinsurance 17678400 24 All other liabilities viz Reserve for liabilities contin gent but not apparent L9 20 191886 74 9195 89 7828 35 168339 91 246569 67 20000 00 27 Total amount of all liabilities except capital 8589433 96 30 Surplus as regards policyholders 5 155974 57 11 Total labilities 13745408 53 VTRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1727196110 00 18159359 39 2 Written or renewed during the year 1878568006 00 13969676 88 3 Total 3105764116 00 12129036 27 4 Deduct those expired and marked off 1302433239 00 13430401 80 5 In force at the end of the year1803330877 00 18698634 47 6 Deduct amount reinsured 511700641 00 4802992 33ComptbolleeGtenebals Report 175 7 Net amount in force1291630236 00 13895642 14 8 Perpetual risks not included above 7276550 00 Deposit premiums on same 208301 83 Business in the State of Georgia During the Year Fire marine and inland risks written 18606808 00 Premiums received gross 277314 90 Losses paid 148117 34 Losses incurred 172004 63 LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY Henry W Eaton President George W Hoyt Secretary Home Office 45 William St New York City ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets December 31 of previous year 868563 78 4 Extended at 868563 78 IIIncome 5 Gross premiums 588340 58 6 Deduct gross amounts paid for Reinsur ance fire 23793123 return premi ums 12867173 total 366602 96 7 Total premiums other than perpetual 221737 62 9 Gross interest on mortgage loans 2500 00 11 Gross interest on bonds and dividends on stocks 22273 67 12 Gross interest on deposits in trust com panies and banks 2518 60 17 Total gross interest and rents 27292 27 27 Gross increase by adjustment in book value of ledger assets viz Bonds 62 17 28 Total income 249092 06 IIIDisbursements 1 Gross amount paid policyholders for losses including 2010536 occurring in pre vious years 209797 66 2 Deduct amount received for Salvage fire 713367 reinsurance fire 93 73771 total 100871 38176 ComptrollerGeneeals Report 3 Net amount paid policyhoiders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 8 Salaries fees and all other charges of officers directors trustees and home office employees 10 Advertising 137067 Printing and Stationery 1 86559 total 11 Postage telegrams telephone and express 12 Legal expenses 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17 Inspections and surveys 20 State taxes on premiums 21 Insurance department licenses and fees 22 AM other licenses fees and taxes Office expenses Travelling 34 Paid stockholders for interest or dividends amount de clared during the year 39 Gross decrease by adjustment in book value of ledger assets viz Bonds 40 Total disbursements 108926 28 2628 43 40685 74 5583 40 3236 26 1340 04 20 46 2101 72 298 48 1481 86 6909 94 1511 OS 4254 71 394 42 273 35 15000 00 717 77 195363 94 IVLedger Assets 2 Mortgage loans on real estate first liens 50000 00 4 Book value of bonds 36642919 and stocks 26195752 total 628386 71 6 Deposits in trust companies and banks not on interest 28 062 51 7 Deposits in trust companies and banks on interest 123132 20 8 Agents balances representing business written subsequent to October 1 1910 92375 82 9 Agents balances representing business written prior to October 1 1910 334 66 1 Total ledger assets NonLedger Assets 17 Interest accrued on mortgages 1145 80 18 Interest accrued on bonds 3 830 50 Total 28 Gross assets 922291 90 5028 30 927320 20ComptbollerGeneeals Eepoet 177 Deduct Assets Not Admitted 32 Agents balances representing business written prior to October 1 1910 334 66 35 Book value of ledger assets over market value viz Stocks 2165752 Bonds 2416919 total 45826 71 38 Total admitted assets 881158 37 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 4 Total 5 Deduct reinsurance due or accrued in companies authorized in New York 45060 00 45060 00 19410 00 6 Net amount of unpaid losses and claims 25650 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 including interest premiums on perpetual fire risks 151 40991 unearned premiums fifty per cent 75704 96 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 29155379 unearned premiums pro rata 151552 58 12 Total unearned premiums as computed above 227257 54 19 Salaries rents expenses bills accounts fees etc due or accrued 7500 00 20 State county and municipal taxes due or accrued 4434 00 21 Commissions brokerage and other charges due or to be come due to agents and brokers 9000 00 22 Return premiums 737500 Reinsurance premiums 2090800 total 28283 00 27 Total amount of all liabilities except capital 302124 54 28 Capital actually paid up in cash 200000 00 29 Surplus over all liabilities 379034 29 30 Surplus as regards policyholders 31 Total liabilities 579034 29 881158 83178 ComptrollerGenerals Eepobt VIBisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 51737765 00 641956 56 2 Written or renewed during the year 47817227 00 588340 58 3 Total 99554992 00 1230297 14 4 Deduct those expired and marked off 37771718 00 468863 88 5 In force at the end of the year 61783274 00 761433 26 6 Deduct amount reinsured 25917719 00 318 469 56 7 Net amount in force 35865555 00 442963 70 Business in the State of Georgia During the Year Fire marine and inland risks written 1 103 124 00 Premiums received gross 1895g 97 0SSes Paid fim 95 Losses incurred 6 846 77 LONDON ASSURANCE CORPORATION OF LONDON ENGLAND Charles L Case United States Manager Principal Office in the United States 84 William St New York City Cariton Y Smith Attorney for Service in Georgia IIAssets Total par and market value of stocks and bonds owned absolutely by the company carried out at market 19 alUe 3015145 00 l I ash in companys office 520 68 13 Cash belonging to the company deposited in bank 175247 70 Total cash items m768 3g 15 Interest due and accrued on bonds not included in mar ket value uncollected 7 no 17 Cash in hands of agents and in course of transmission 500624 62 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid viz Losses 858011 Loss expenses 4600 total K534 11 Total assets of the company actual cash market value 3738594 52 HILiabilities 1 Losses not yet due and unpaid 22981 14CoMPTBOLLERGEISrEEALS RePOKT 179 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 291771 00 3 Losses resisted including interest costs and other expenses thereon 16080 00 4 Total gross amount of claims for losses 330832 14 5 Deduct reinsurance thereon 31064 00 6 Net amount of unpaid losses 299768 14 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 128654008 un earned premiums fifty per cent 643270 04 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 225694447 unearned premiums pro rata 1200448 06 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation risks 18666378 fifty per cent 93331 89 10 Gross premiuus without any deduction received and receivable upon all unex pired marine risks 112838 06 11 Total unearned premiums as computed above carried out 2049888 05 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 8452 90 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Taxes 48394 60 Commission 84277 46 Return premiums 3225 reinsurance premiums 52 70544 total 52737 69 20 Total amount of all liabilities except capital stock scrip and net surplus 2543518 84 23 Surplus beyond capital and all other liabilities 1195075 68 24 Aggregate amount of all liabilities including capital paid up and net surplus 3738594 5 IVIncome During the Year 1 Gross premiums and bills in course of collectionISO COMPTBOLL at close of last previous year as shown by that years etate eeGenebals 395529 35 Repobt 96448 93 3 Net collected 4 Gross premiums on risks written and renewed during the year 395529 35 2674890 51 96443 93 1131284 80 5 Total 3070419 86 395948 28 1227733 73 119228 81 6 Deduct premiums and bills in course of collection at this date Entire premiums collect ed during the year 2674471 58 1108504 92 Deduct reinsurance and return premiums 651932 28 593151 79 11 12 14 15 Net cash actually re ceived for premiums carried out 2022539 30 515353 13 2537892 43 Received for interest and dividends on stocks and bonds collateral loans and from all other sources Income received from all obher sources omitting increase if any in value of securities viz Profit on foreign exchange 4545 agents balances previously charged off 2274 total American branches of foreign companies will please re port amount of remittances received from the home office during the year 120283 41 68 19 213S20 08 Aggregate amount of income actually received during the VOi i Msh 2872064 11 VExpenditures During the Year Fire Marine and inland dross amount actually paid for losses in cluding 21120460 losses occurring in previous years 1004522 95 887702 68 Deduct all amounts ac tually received for sal vages whether on losses if the last or of previous year 76 29733 and all amountsComptrollerGenerals Eeport 181 actually received for reinsurance in other companies 584356 47 total deductions 87089 29 573564 51 Net amount paid during the year for losses 917433 66 314138 17 1231571 83 Expenses of adjustment and settlement of losses Agents balances charged off 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 9 All other payments and expenditures viz Rents 22 36771 Advertising 600509 stationery 1431223 postage etc 1878043 legal 70769 furniture 1 11092 maps 551693 underwriters boards 24 30155 surveys 1025741 traveling 322523 mis cellaneous expenses 810382 total Bonds acquired during 1910 10 American branches of foreign offices will please report amount sent to home offices during the year 30158 54 558 94 533757 29 194975 37 85662 88 51404 94 273368 75 385412 69 Aggregate amount of actual expenditures during the year in cash 2850155 28 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 337284230 00 3796681 45 2 Written or renewed during the year 230288447 00 2674890 51 3 Total 567572677 00 647157196 4 Deduct those expired and marked off 210549320 00 2541091 28 5 In force at the end of the year357023357 00 3930480 68 6 Deduct amount reinsured 33930795 00 386991 13 7 Net amount in force 323092562 00 3543489 55 Business in the State of Georgia During the Year Fire Risks Marine Inland Aggregate Fire marine and inland risks written 985724 00 122933 00 1108657 00 Premiums received gross 15902 07 675 77 16577 84 Losses paid 7578 80 61 70 7640 50 Losses incurred 4259 80 6170 43215082 ComptrollerGenerals Report LONDON LANCASHIRE FIRE INSURANCE COMPANY OP LIVERPOOL ENGLAND Archibald G Mellwaine Jr Manager Principal Office in the United States 57 and 59 William St New York II Assets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 350 000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 19 2548695 00 H Cash in companys principal office 2024 20 13 Cash belonging to the company deposited in bank 679607 75 Total cash items Held by United States Trustee 3 807 96 15 Interest due and accrued on bonds not included in mar ket value uncollected 38 710 41 17 Cash in hands of agents and in course of transmission gross premiums 58311964 less commissions 118 7855 total 46433414 18 Blls receivable not matured taken for fire marine and inland risks gfl9 All other assets both real and personal viz Rents due and accrued 53406 Balances due from other com panies 5466 interest due on bank balances 10395 692 67 Total assets of the company actual cash market value 4 088 241 38 Premiums in course of collection over 3 months due To974 35 Bills receivable past due 544 1 HI liabilities 1 Losses due and unpaid 42 033 65 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 190 453 42 3 Losses resisted including interest costs and other expenses thereon 22 226 39 4 Total gross amount of claims for losses 254713 46 5 Deduct reinsurance thereon 55830 95 6 Net amount of unpaid losses 100 coo I Uross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 154178769 un earned premiums fifty per cent 770893 84ComptrollerGenerals Eeport 183 8 irons premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 299369079 unearned premiums pro rata 1594312 63 11 Total unearned premiums as computed above carried out 2365206 47 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 3551 85 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Unpaid return premiums 156392 un paid reinsurance 4437010 less commissions 13 79519 3057491 taxes due and accrued 4996652 bank interest overpaid 37500 total 82480 35 20 Total amount of all liabilities except capital stock scrip and net surplus 2650121 18 23 Surplus beyond capital and all other liabilities 1438120 20 24 Aggregate amount of all liabilities including capital paid up and net surplus 4088241 38 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 562011 45 3 Net collected 562011 45 4 Gross premiums and risks written and re newed during the year 3836849 34 5 Total 4398860 79 fi Deduct premiums and bills in course of collection at this date 595007 35 7 Entire premiums collected during the year Cash 380206262 notes 179082 3803853 44 8 Deduct reinsurance and return premiums 1360264 53 9 Net cash actually received for premiums carried out 2443588 91 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 125889 93 12 Income received from all other sources omitting increase if any in value of securities viz Rents 21285 33 14 American branches of foreign companies will please report amount of remittan ces from home office during the year 309233 27 15 Aggregate amount of income actually received during the vear in cash 2590764 17184 ComptrollerGenerals Beport VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 11516330 losses occurring in previous years 1378017 36 2 Deduct all amounts actually receivedfor salvages whether on losses of the last or of previous year and discounts 3385023 and all amounts actually re ceived for reinsurance in other com panies 27473824 total deductions 308588 47 Expenses of adjustment 43 068 54 Net amount paid during the year for losses 1112497 43 6 Paid for commissions or brokerage 415 278 13 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 177 030 00 8 Paid for state national and local taxes in this and other states 99274 84 9 All other payments and expenditures viz Real estate expenses 1524341 advertising printing and sta tionery 2637510 traveling 5470190 postage tele grams and telephone 2100867 maps 871974 boards 3571307 surveys 1155836 rents 23 14686 allowances to local agents 1276499 miscel laneous expenses 1091311 total 220 145 21 10 American branches of foreign companies will please report amount sent to home offices during the year 633 354 05 Aggregate amount of actual expenditures during the year ln casl1 2024226 49 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 507905102 00 5101965 41 2 Written or renewed during the year 416040161 00 3836849 34 al 923945263 00 8938814 75 4 Deduct those expired and marked off 365873372 00 3494953 53 5 In force at the end of the year558071891 00 5443 861 2 6 Deduct amount reinsured 85946878 00 9031382 74 7 Net amount in force 472125013 00 4540478 48 Business in the State of Georgia During the Year Fire marine and inland risks written 4421 42q no ComptrollerGenerals Eepobt 185 Premiums received gross 61059 06 ip mull Losses incurred 7ya vo LUMBER INSURANCE COMPANY OF NEW YORK N Y ICapital 1 Whole amount of capital stock 200000 00 2 Amount paid up in cash 200000 00 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 36081000 13 Cash belonging to the company deposited in banks viz Bankers Trust Co 264296 Columbia National Bank 263448 Marine National Bank 1873014 National Park Bank 1669144 State National Bank 2 75496 total 43453 98 15 Interest due and accrued on bonds not included in mar ket value uncollected 4247 51 17 Cash in hands of agents and in course of transmission 95528 77 Total assets of the company actaul cash market value 504040 26 ITILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 25799 88 3 Losses resisted including interest easts and other expenses thereon 20526 06 4 Total gross amount of claims for losses 46325 94 5 Deduct reinsurance thereon 22828 88 6 Net amount of unpaid losses 23497 06 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 33964617 un earned premiums fifty per cent 169823 06 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 2815145 unearned premiums pro rata 19525 39 11 Total unearned premiums as computed above carried jo 189348 48 out 186 ComptbollebGenebals Bepoet 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Legal Reserve for taxes Beserve for commissions 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 250 00 6000 00 22217 97 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 71304 07 3 Net collected g yj 304 07 4 Gross premiums and risks written and re newed during the year 730827 20 5 Total I 6 Deduct premiums and bills in course of collection at this date 802131 27 95528 77 7 Entire premiums collected during the year 706602 50 8 Deduct reinsurance and return premiums 385004 91 9 Net cash actually received for premiums carried out 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from all other sources omitting increase if any in value of securities viz Agents balances charged off Sale of bonds 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Your 1 Gross amount actually paid for losses in cluding 2310312 losses occurring in previous years 429639 20 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 387004 and all 241313 51 200000 00 62726 75 504040 26 321597 59 17372 89 129 6 25000 00 364100 17ComptrollerGenerals Report 187 amounts actually received for reinsur ance in other companies 19862569 total deductions 202495 73 Net amount paid during the year for losses 227143 47 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 20000 00 6 Paid for commissions or brokerage 84500 72 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 6822 35 8 Paid for state national and local taxes in this and other states 14482 80 9 All other payments and expenditures viz Adjustment charges 407206 rent 57516 stationery 8122 express 613 legal service 313981 auditing 82500 sundries 15286 total 8852 24 Aggregate amount of actual expenditures during the year in caish 361801 58 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 27491661 00 471710 72 2 Written or renewed during 1910 44373024 00 730827 20 3 Total 71864685 00 1202537 92 4 Deduct those expired and marked off 36314942 00 638213 04 5 In force at end of year 1910 35549743 00 564324 88 6 Deduct the amount reinsured in other companies 10418097 00 196527 26 7 Net amount in force 25131646 00 367797 62 8 Greatest amount insured in any one risk 20000 00 Business in the State of Georgia During the Tear Fire marine and inland risks written 242290 00 Premiums received gross 6852 58 Losses paid 2637 43 Losses incurred 801 74 LUMBER MUTUAL FIRE INSURANCE COMPANY OF BOSTON George W Gale President Harry E Stone Secretary Principal Office 141 Milk St Boston Mass William A Wright Insurance Commissioner Attorney for Service in Georgia TIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 487745 00188 ComptrollekGenebals Bepobt 12 Cash in companys principal office 574 17 13 Cash belonging to the compony deposited in banks 85365 68 Total cash items 15 Interest due and accrued on bonds not included in I mar ket value uncollected 17 Premiums in course of collection not more than three months due 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 546 49 3 Losses resisted including interest costs and other expenses thereon 1000 00 4 Total gross amount of claims for losses 1546 49 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year ot less from date of policy 175538 25 11 Total unearned premiums as computed above 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 Accrued taxes 20 Total amount of all liabilities except capital stock scrip and net surplus 23 Surplus beyond capital and all other liabilities 15 Aggregate amount of all liabilities including capital paid up and net surplus TVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 17114 90 3 Net collected 17114 90 85939 85 3618 98 16634 03 593937 86 1546 49 175538 25 80 52 3641 97 180807 23 413130 63 593937 86ComptkollerGenerals Eepoet 4 Gross premiums on risks written and re newed during the year 422927 40 5 Total 440042 30 6 Deduct premiums and bills in course of collection at this date 16639 90 7 Entire premiums collected during the year 423402 40 8 Deduct reinsurance and return premiums 55039 44 9 Net cash actually received for premiums carried out 10 Eeceived for interest on bonds 11 Eeceived for interest on deposits in trust companies and banks Overdue premiums 125 from Gale and Stone agents 1500000 agents balances previously charged off 2456 total 12 Income received from all other sources omitting increase if any in value of securities viz discount on losses From sale of bonds 15 Aggregate amount of income actually received during the vear in cash 189 368362 96 20374 70 3537 37 15025 81 204 53 625 00 408130 37 expenditures During the Tear 1 Gross amount actually paid for losses in cluding 998210 losses occurring in previous years 162670 62 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 30 00 Net amount paid during the year for losses 4 Cash dividends actually paid policyholders amount of stockholders dividends declared during the year Expenses of adjustment and settlement of losses 18587 rents 300000 advertising 36790 printing and stationery 164263 total Postage telegrams telephone and express Legal expenses 31041 furniture and fixtures 36641 inspections and surveys 370091 total 6 Paid for commissions or brokerage 2120593 F Wade Vaughan agency 5000 publications 24650 total Agents balances charged off 12195 paid on unpre sented checks previously charged off 7216 total 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 2812107 executive expense 164060 total Sale of bonds 162640 62 137475 29 5196 40 1612 30 4377 73 21502 43 194 11 29761 67 100 00190 ComptrollerGenerals Eeport 8 Paid for state national and local taxes in this and other states 7330 19 Collecting bad bills 1710 premiums on surety bonds 6800 examination of books by auditor 47500 560 10 9 All other payments and expenditures viz Expense of at tending various meetings 422 97 Expense of amortization schedule 8200 all other dis bursements 95759 total 1 039 59 Aggregate amount of actual expenditures during the year in cash 372213 40 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 13807933 00 327611 53 2 Written or renewed during 1910 17895433 00 422927 40 3 Total 31703366 00 750538 93 4 Deduct those expired and marked off as terminated in 1910 16461942 00 399462 43 5 In force at end of year 1910 15241424 00 351076 50 7 Net amount in force 15241424 00 351076 50 8 Greatest amount insured in any one risk 20000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 285 150 00 Premiums received gross 9 345 45 Dosses paid fi9gl g2 Losses incurred g 100 93 LUMBER UNDERWRITERS OE NEW YORK CITY Eugene F Perry AttorneyinFaet Principal Office 66 Broadway New York City W A Wright Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 100 000 00 2 Amount paid up in cash 100 000 00 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market vaie 1000000CompteolleeGenebal s Repobt 191 13 Cash belonging to the company deposited in banks and trust companies 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 49080 accrued dividends on mutual reinsurance 5381 interest due and accrued on Georgia bonds 17500 total 188069 43 36742 61 719 61 Total assets of the company actual cash market value 235531 65 111Liabilities Gross losses in process of adjustment or in suspense including all reported and supposed losses 21200 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 18620436 un earned premiums fifty per cent 21200 00 93102 18 11 Total unearned premiums as computed above carried out i 17 Due and accrued for salaries Reinsurance premiums Accrued taxes 20 Total amount of all liabilities except capital stock scrip and net surplus i 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 93102 18 90 75 13864 45 300 00 128557 38 100000 00 6974 27 235531 65 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 28554 32 3 Net collected 28554 32 4 Gross premiums on risks written and re newed during the year 326805 42 5 Total 355359 74 6 Deduct premiums and bills in course of collection at this date 36742 61192 ComptrollerGenerals Eeport 7 Entire premiums collected during the year 318617 13 ft Deduct reinsurance and return premiums 119592 21 9 Net cash actually received for premiums carried out 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from all other sources omitting increase if any in value of securities 15 Aggregate amount of income actually received during the yeaT in cash 199024 92 5945 25 30023 10 234993 27 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 1862100 losses occurring in previous years 238445 57 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 140660 and all amounts actually received for reinsur ance in other companies 7125736 total deductions 72663 96 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 vis insurance de partment licenses and fees 58218 for adjustment of losses 193152 rent 99996 advertising 423288 legal expenses 16667 miscellaneous expenses 11718 total Aggregate amount of actual expenditures during the year in cash 165781 61 7500 00 9445 07 42853 65 866 43 8030 39 234477 15 VTRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 12382416 00 265165 76 2 Written or renewed during 1910 16380470 00 326805 42 3 Ttal 28762886 00 4 Deduct those expired and marked off 15298787 00 591971 18 322529 29 0 ComptrollerGeneral s Report 5 In force at end of year 1910 13464099 00 0 Deduct the amount reinsured in other companies 4090110 00 7 Net amount in force 8773989 00 8 Greatest amount insured in any one risk LUMBERMENS MUTUAL INSURANCE COMPANY MANSFIELD OHIO IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued on said bond and mort gage loans 257 50 4 Value of lands mortgaged exclusive of buildings and perishable improvements 35900 00 5 Value of buildings mortgaged insured for 2535000 as collateral 40300 00 6 Total value of said mortgaged premises carried inside 76200 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 493 37 13 Cash belonging to the company deposited in banks viz Farmers Savings Trust Co 2161496 Commercial Na tional Bank 1661112 total 38226 08 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 17 Cash in hands of agents and in course of transmission Interest accrued on bonds Total assets of the company actual cash market value Tl ILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 2300 00 3 Losses resisted including interest costs and other expenses thereon 1000 00 4 Total gross amount of claims for losses 3300 00 193 269441 89 83237 54 186204 35 12500 00 OF 19000 00 30900 00 392636 05 38719 45 269 00 22674 01 4525 59 508981 60 169924 68 2472 60 3000 00 2038 73 180736 01 328245 59 508981 60 194 ComptrollerGenerals Report 6 Net amount of unpaid losses 3300 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 33984937 un earned premiums fifty per cent 169924 68 11 Total unearned premiums as computed above carried out 15 Dividends declared and remaining unpaid or uncalled for Taxes accrued Return premiums due 494 87 Commissions due 1543 86 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 ii and net surplus TVIncome During the Year 4 Gross premiums on risks written and re newed during the year 395874 33 7 Entire premiums collected during the year 395874 33 8 Deduct reinsurance and return premiums 42633 68 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 Extra premiums 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 250226 losses occurring in previous years 145968 33 Net amount paid during the year for losses 145968 33 4 Cash dividends actually paid policyholders 127789 65 5 Premiums on bonds 726 80 6 Paid for commissions or brokerage 21079 42 353240 65 17901 06 761 78 835 05 372738 54 CoMPTROLLEBGbNEBAL s REPORT 195 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 25314 32 8 Paid for state national and local taxes in this and other states 5007 26 9 All other payments and expenditures viz Adjustment 44904 advertising 137559 printing stationery 143358 postage telegrams etc 109808 legal 53225 inspections 334692 repairs 77499 de partment fees 60843 traveling 361239 gen eral 427093 total 17802 22 Aggregate amount of actual expenditures during the year in cash 343688 00 VIBisks and Premiums Fire Kisks Premiums Thereon In force on the 31st day of December 13308647 00 311041 44 2 Written or renewed 17045444 00 395874 33 3 Total 30354091 00 706915 77 4 Deduct those expired and marked off 15255721 00 366963 78 5 In force at end of year 1910 15098370 00 339951 99 6 Deduct the amount reinsured in other companies 10363 00 102 62 7 Net amount in force 15088007 00 339849 37 8 Greatest amount insured in any one risk 10000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 91300 00 Premiums received gross 2809 57 Losses paid 2308 26 Losses incurred 2308 26 MASSACHUSETTS FTRE AND MARINE INSURANCE COMPANY OP BOSTON MASSACHUSETTS Everett C Benton President Walter Adlard Secretary Principal Offices 95 AVater St nnd 65 Kilby St Boston Mass A ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 500000 00 500000 00196 ComptrollerGeneral s Report IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 866034 92 12 dash in company s principal office 144 79 13 Cash belonging to the company deposited in banks viz First National Bank Boston Mass 5643270 Second Na tional Bank Boston Mass 155304 Winthrop National Bank Boston Mass 268140 Dorchester Trust Co Dorchester Mass 3381915 Atlantic National Bank Boston Mass 334773 Old Colony Trust Co Boston Mass 3974037 Central Trust Co Cam bridge Mass 2500000 total 162574 39 Total cash items 162719 18 15 Interest due and accrued on stocks not included in mar ket value uncolleeted 6035 05 17 ash in hands of agents and in course of transmission 52005 92 Interest accrued on special bank deposit 154 86 Total assets of the company actual cash market value 1086949 93 IIILiabilities 1 Bosses due and unpaid 5457 58 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3500 00 4 Total gross amount of claims for losses 8957 58 5 Deduct reinsurance thereon 421 88 6 Net amount of unpaid losses 8535 70 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 9259484 un earned premiums seventyfive per cent 69446 13 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 5306853 unearned premiums pro rata 49611 85 11 Total unearned premiums as computed above carried out 119057 98ComptrollerGeneral s Report 197 17 20 21 23 24 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses Total amount of all liabilities except capital stock scrip and net surplus Joint stock capital actually paid up in cash Surplus beyond capital and ail other liabilities Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year iross premiums on risks written and re 2702 21 130295 89 500000 00 456654 04 1086949 93 newed during the year 176635 08 Total 176635 08 Deduct premiums and bills in course of collection at this date 52005 92 Entire premiums collected during the year 124629 16 Deduct reinsurance and return premiums 28504 98 11 12 15 Net cash actually received for premiums carried out Received for interest and dividends on stocks and bonds collateral loans and from all other sources Income received from all other sources omitting increase if any in value of securities viz Rents 35000 from sale of capital stock at 10000 above par 50000000 from sale of capital stock 50000000 total Aggregate amount of income actually received during the vear in cash 96124 18 12532 14 1000350 00 1109006 32 V Expenditure During the Year Gross amount actually paid for losses 10363 13 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 253956 and all amounts actually received for reinsur ance in other companies 1107 total deductions 2250 63 Net amount paid during the year for losses 7812 50 Paid for commissions or brokerage 34561 94 Paid for salaries fees and other charges of officers clerks agents and all other employees 19213 46 All other payments and expenditures viz Miscellaneous agency expenses 74580 rents 201110 advertising198 ComptbollerGenebals Repobt and printing 904700 postage telegrams telephone and express 124941 legal expenses 1196 under writers boards and tariff associations 1611 inspec tions and surveys 45099 insurance department li cense and fees 184933 city license Kansas City Mo 8370 city license St Louis Mo 10000 filing licenses 70 insurance 34109 underwriters pro tective association fire reports 10000 special bests reports 2000 mercantile agency 15200 miscel laneous 18298 loss expenses 7409 maps 8 11710 furniture and fixtures 321958 improvements to leased building 471206 organization expenses 900000 total 41485 00 Aggregate amount of actual expenditures during the year in cash 103072 90 VIBisks and Premiums Fire Risks Premiums Thereon 2 Written or renewed during 1910 18706559 00 176635 08 3 Total 18706559 00 176635 08 4 Deduct those expired and marked off as terminated in 1910 1998282 00 16712 20 5 In force at end of year 1910 16708277 00 159922 88 6 Deduct the amount reinsured 1585246 00 14259 51 7 Net amount in force 15123031 00 145663 37 8 Greatest amount insured in any one risk 25000 00 MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF PROVIDENCE RHODE ISLAND Hemy T Grant Secretary Alfred W Eddy Secretary Principal Office 10 Weybosset St Providence R I W A Wright Atlanta Attorney for Service in Georgia IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 258910 00 13 Cash belonging to the company deposited in bank viz Industrial Trust Co 13718 07 Total cash items 13718 0715 17 2 11 17 20 7 9 11 15 ComptrolleeGteneeals Beport Interest due and accrued on bonds not included in mar ket value uncollected Cash in hands of agents and in course of transmission Total assets of the company actual cash market value IIILiabilities Gross losses in process of adjustment or in suspense including all reported and supposed losses 420 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 25253972 un earned premiums fifty per cent 126269 86 Total unearned premiums as computed above carried out Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses Taxes due in 1911 United States capital tax Total amount of all liabilities except capital stock scrip and net surplus IVIncome During the Tear Gross premiums and bills in course of col lection at close of last previous year 8441 32 Net collected 8441 32 Gtoss premiums on risks written and re newed during the year 266066 17 Total 274507 49 Deduct premiums and bills in course of collection at this date 7533 18 EntiTe premiums collected during the year 266974 31 Deduct reinsurance and return premiums 13771 25 Net cash actually received for premiums carried out Received for interest and dividends on stocks and nonds collateral loans and from all other sources Aggregate amount of income actually Teceived during the vear in cash 199 770 83 7533 18 280732 08 420 00 126269 86 181 34 5232 12 761 18 132683 16 253203 06 43777 75 296980 81200 ComptrollerGenerals Report VExpenditures During the Year Net amount paid during the year for losses 13865 33 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 220998 04 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8598 25 9 All other payments and expenditures viz Office travel rent inspection and adjustments 10452 26 Aggregate amount of actual expenditures during the year in cash 270273 88 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 28078014 00 247431 18 2 Written or renewed during 1910 30837781 00 266066 17 3 Total 58915795 00 513497 35 4 Deduct those expired and marked off as terminated in 1910 29834767 00 260957 63 5 Tn force at end of year 1910 29081028 00 252539 72 7 Net amount in force 29081028 00 252539 72 8 Greatest amount insured in any one risk 40000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 1527297 00 Premiums received gross 11119 88 Losses paid 108 02 Losses incurred 212 02 MILWAUKEE MECHANICS INSURANCE COMPANY OF MTLAVAUK BE WI ONSTN William I Jones President Oscar Griebling Secretary Home Office 442 and 441 City Hall Square Milwaukee Wis ICapital Stock 1 Amount of capita paid up in cash 500000 00 2 Amount of ledger assets as per balance December 31 of previous year 3079393 86 4 Extended at 3079393 86CompteollebGenebals Repobt 201 IIIncome Fire 5 Gross premiums 2242126 63 6 Deduct gross amount paid for reinsurance fire 27260720 and return premiums fire 36076144 total 633368 64 7 Total premiums other than perpetual 1608757 99 9 Gross interest on mortgage loans 61203 60 10 Gross interest on collateral loans 1848 00 11 Gtoss interest on bonds and dividends on stocks less 157033 accrued interest on bonds acquired during 1910 66954 80 12 Gross interest on deposits in trust com panies and banks 1091 89 13 Gross interest from all other sources Mil waukee Board of Fire Underwriters deposit 650 tax certificate 645 12 95 14 Gross rents from companys property in cluding 250000 for companys occu pancy of its own buildings 3896 00 15 Total gross interest and rents 135007 24 16 From other sources 17 Conscience fund 50 00 18 Reinsurance company on general account 18886 54 19 Reinsurance company for trust fund acct 120609 56 24 Total 139546 10 26 Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 900 00 27 Gross increase by adjustment in book value of ledger assets viz Bonds per schedule D 442 50 28 Total income 1884653 83 IIIDisbursem ents Fire 1 Gross amount paid policyholders for losses including 14304568 occurring in previous years 875856 07 2 Deduct amount received for salvage fire 634197 reinsurance fire 139 75092 discounts fire 170071 147793 60 3 Net amount paid policyholders for lossesi 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 7 Salaries 5706220 and expenses 3751230 of special and general agents 728062 47 9985 29 418785 24 94574 50202 ComptrollerGenerals Report 8 Salaries fees and all other charges of officers directors trustees and home office employes 9 Eents including 250000 for companys occupancy of its own buildings 10 Advertising 200924 printing and stationery 10 42059 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 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 State licenses 1738 67 Municipal Taxes 2062 13 Municipal licenses 5544 50 U S Corporation Tax 1246 87 69274 57 5015 00 12429 83 15156 03 3852 04 1126 85 5818 22 2073 34 11049 36 10393 57 1384 80 1473 16 44999 04 13099 82 10592 17 23 Other disbursements viz Expense on securities 18876 exchange 290261 heating lighting and cleaning office water and ice 237184 auditing 84795 interest paid reinsurance company on reserve fund 483379 insurance premiums on furniture and fix tures 29600 newspaper subscriptions 16210 mer cantile agencies 122500 surety bonds 72503 gifts and donations 12575 entertaining agents 33482 meals for clerks 22645 funeral expenses 2300 total 14263 10 34 Paid stockholders for interest or dividends amount de clared during the year 9000000 90000 00 37 Agents balances charged off 119 59 39 Gross decrease by adjustment in book value of ledger assets viz Bonds 3425702 stocks 204000 total 36297 02 40 Total disbursements 1599825 01 IVLedger Assets 1 Book value of real estate 55250 00 2 Mortgage loans on real estate first liens 1358145 00 3 Loans secured by pledge of bonds stocks or other col lateral 10750 00 I Book value of bonds 154565941 and stocks 36 9600 total 1582555 41ComptrollerGenerals Report 203 9 12 16 17 18 19 22 28 Cash in companys office Deposits in trust companies and banks on interest Agents balances representing business written subse quent to October 1 1910 Agents balances representing business written prior to October 1 1910 Other ledger assets viz Deposit Milwaukee Board of Fire Underwriters Total ledger assets as per balance NonLedger Assets Interest accrued on mortgages 20986 18 Interest due 600000 and accrued 10 91313 on bonds 16913 13 Interest accrued on collateral loans 174 08 10266 71 101929 00 243362 70 1863 86 100 00 3364222 68 Total Gross assets 38073 39 3402296 07 32 Deduct Assets Not Admitted Agents balances representing business written prior to October 1 1910 S 1863 86 38 Total admitted assets 3400432 21 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 27276 83 92138 39 10408 74 129823 76 23312 98 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived aud receivable upc all unex pired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 824 58870 unearned premiums fifty per cent S Gross premiums less reinsurance re 106510 78 412294 35204 ComptrollerGeneral s Report ceived and receivable upon all unex pired fire risks running more than one year from date of policy 253350000 unearned premiums pro rata 1343661 40 12 Total unearned premiums as computed above 1755955 75 20 Reserved for state county and municipal taxes due or accrued 5000000 and reserved for other contin gencies 5000000 total 100000 00 25 Due Milwaukee Fire Insurance Co 11629 Munich Re insurance Co 1877025 total 18886 54 26 Trust Fund of Munich ReInsurance Company 120609 56 27 Total amount of all liabilities except capital 2101962 63 28 Capital actually paid up in cash 500000 00 29 Surplus over all liabilities 798469 58 30 Surplus as regards policyholders 298 469 58 31 Total liabilities 3 400 432 21 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 316145275 00 3614423 04 2 Written or renewed during the year 192072658 00 242126 63 3 Total 50821793 00 5856540 67 4 Deduct those expired and marked off 168743403 00 2045 1S9 70 5 In force at the end of the year339474530 00 3811350 17 6 Deduct amount reinsured 35159550 00 453271 14 7 Net amount in force304314980 00 3358088 83 Business in the State of Georgia During the Year 26 Gross risks writ I en Less risks cancelled 2375785 00 562325 00 Net risks written 3 27 Gross premiums received Less return premiums Net premiums received 28 Losses paid deducting salvage Net losses paid 29 Losses incurred 160 00 39810 42 8310 66 31499 76 11921 82 11921 82 12871 18ComptrollerGenerals Report 205 NATIONAL HOME EIRE INSURANCE COMPANY OF POLK COUNTY GEORGIA Wm J Harris President Chae I Mell Secretary Branch Office 722 Candler Bldg Atlanta Ga C J Jones Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 100000 00 2 Amount paid up in cash 100000 00 IIAssets 1 Market value of real estate owned by the company less the amount of ineumbrances thereon 136000 00 13 Cash belonging to the company deposited in bank viz Farmers Traders Bank Atlanta Ga 14000 00 Total assets of the company actual cash market value 150000 00 IIILiabilities 21 Joint stock capital actually paid up in cash 100000 00 23 Surplus beyond capital and all other liabilities 50000 00 24 Aggregate amount of all liabilities including capital paid a 0l 150000 00 up and net surplus v IVIncome During the Year 13 Received for calls on capital 10000000 for surplus 5000000 total 150000 00 NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN James Nichols President B R Stillman Secretary Principal Office 95 Pearl St Hartford Conn W R Kimball Atlanta Attorney for Service in Georgia ICapital 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 ineumbrances thereon 057740 69206 CompteollebGeneeals Repoet 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 1 470 175 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1944153 00 5 Value of buildings mortgaged insured for 151778500 as collateral 2819695 00 0 Total value of said mortgaged premises carried inside 4763848 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 7403550 04 12 Cash in companys office 724 86 13 Cash belonging to the company deposited in banks viz Charter Oak National Bank 34604159 State Bank 36 18830 Aetna National Bank 1 03559 Bank of Commerce Albuquer que N Mex 1000000 total 393265 48 Total cash items 393990 34 15 Interest due and accrued on bonds not included in mar ket value uncollected 87 917 55 3 7 Cash in hands of agents and in course of transmission 80436186 balance previous to October 1st 25 44215 total 778919 71 Total assets of the company actual cash market value 10792293 34 TITLiabilities 1 Losses due and unpaid 163615 99 2 Cross losses in process of adjustment or in suspense including all reported and supposed losses 716687 29 3 Losses resisted including interest costs and other expenses thereon 68137 03 4 Total gross amount of claims for losses 948440 31 5 Teduct reinsurance thereon 302351 10 6 Net amount of unpaid losses g4g ggg 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 436567575 un earned premiums fifty per cent 2182837 87ComptrollerGenerals Eepoet 207 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 741213418 unearned premiums pro rata 3892456 91 11 Total unearned premiums as computed above carried 6075294 78 Ut V 125000 00 Eeserve for taxes Special reserve for all contingent liabilities duuuuu u 20 Total amount of all liabilities except capital stock scrip i 7146383 y and net surplus oft 21 Joint stock capital actually paid up in cash 1 wuuuu vv 23 Surplus beyond capital and all other liabilities 2o45yuy do 24 Aggregate amount of all liabilities including capital paid up and net surplus 10792293 34 IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 10635098 26 8 Deduct reinsurance and return premiums 3497039 58 9 Net cash actually received for premiums carried out 7138058 68 10 Received for interest on bonds and mortgages 24785 18 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 335554 12 Income received from all other sources omitting increase if any in value of securities viz Rents 1376509 profit and loss 2314588 agents balances 75513 conscience fund 1000 total b 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 36184456 losses occurring in previous years 4311928 92 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 4031753 and all amounts actually received for reinsur ance in other companies 126417362 total deductions 130449115208 ComptkollekGexebals Bepobt Net amount paid during the year for losses 3 007 437 77 4 Cash dividend actually paid stockholders amount of 6 Pafdh0lW diVideDdS deClaied dUriDg the ear 200000 00 t raid for commissions or brokerage x 270 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxesinthisand other states 9 All other paymente and expenditures viz Advertising 205412 printing and stationery 3758285 profit and loss 540790 other expenses 60035169 total 016 09 565364 68 259048 36 664096 56 Aggregate amount of actual expenditures during the year in cash 5965963 46 Business in the State of Georgia During the Year Fire marine and inland risks written AR KRA nn Premiums received gross 7463564 00 Losses paid Z 61593 92 Losses incurred 25372 37 49211 99 RG PA NATIONAL UNION F1RK N8URANOE COMPANY OP PITTSBU E E Cole President w n o i a Principal Office Sixth Ave and Xmithfield Si H Chancellor A Thornton Attorney for Service in Georgia LCapital 1 Whole amount of capital stock 2 Amount paid up in cash 900000 00 1000000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded andbeing first liens fhe fee simple 3 Interest accrued on said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 579370 5 Value of buildings mortgaged insured for 60045000 ae collateral 00 732250 00 6 Total value of said mortgaged premises carried inside 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4464 34 634475 00 10758 39 1838524 50 CoMPTEOLLERGrENEBAL s REPORT 11 Total par and market value and amount loaned thereon 12 Cash in companys principal offices 15923 48 13 Cash belonging to the company deposited in banks 192527 67 Total cash items 15 Interest due and accrued on bonds 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 18 Bills receivable not matured taken for fire marine and inland risks 209 145000 00 208451 15 9800 39 1576 18 429508 15 24587 09 Total assets of the company actual cash market value 3307145 19 IIILiabilities 1 Losses not due and unpaid 24738 17 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 142475 36 3 Losses resisted including interest costs and other expenses thereon 34844 67 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 202058 20 57176 66 6 Net amount of unpaid losses 144881 54 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 108071168 un earned premiums fifty per cent 540355 84 8 Gross premiums without any deduction received and receivable upon all unex jiired fiTe risks running more than one year from date of policy 226684645 unearned premiums pro rata 1263805 98 11 Total unearned premiums as computed above State county and municipal taxes due or accrued 24 Aggregate amount of aH liabilities including capital paid 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 Including capital paid up and net surplus 1 Amount of unearned premiums represented by install ment notesbeing the whole amount of such notes 1804161 82 50000 00 1999043 36 900000 00 408101 83 3307145 19 19610 24210 ComptbollebGenebals Eepoet IVIncome During the Year 1 Gross premiums and bills iu course of col lection at close of last previous year 12199 4o 3 JMt collected I 4 n ls199 4b 4 Orross premiums on risks written and re newed during the year aASjm 97 5 Total 7 R n 3160403 43 0 Deduct premiums and bills in course of collection at this date 14 642 59 7 Entire premiums collected during the year 3145760 84 8 Deduct reinsurance and return premiums 1215171 69 9 Net cash actually received for premiums carTie7it 1930 589 15 10 Received for interest on bonds and mortgages 35f6 JJ 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 99 053 65 12 Income received from all other sources omitting increase if any m value of securities viz Profit on sale or maturity of ledger assets and other sources 4520 60 35 Aggregate amount of income actually received during the year in cash 6 2070129 75 vExpenditures During the Year 1 Gross amountactually paid for losses in cluding 13942463 losses occurring i 2 PrerearS 1248474 64 Si Ueduct all amounts actually received for salvages whether on losses of the last or of previous year 1158901 and all amounts actually received for reinsur ance in other companies 32040407 total deductions 331 m og Net amount actually paid for losses 4 Cash dividends actually paid stockholdersamountof stockholders dividends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees andother charges of officers clerk agents and all other employees 8 Paid for state national and local taxesii thisandother states 916481 56 81000 00 376001 91 89763 70 72735 93ComptbollebGeneeals Repobt 211 9 All other payments and expenditures viz Bents furni ture maps printing advertising board dues inspec tions postage etc 265595 19 Aggregate amount of actual expenditures during the year in cash 1801578 29 VIBisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31st day of December 298691183 00 3638479 14 2 Written or renewed during the year 254152193 00 3148203 97 3 Totai 552843376 00 6786683 11 i Deductthose expired and marked off 206690720 00 2600326 04 5 In force at the end of the year346152656 00 4186357 07 6 Deduct amount reinsured 67795637 00 838798 94 7 Net amount in force 278357019 00 3347558 13 Business in the State of Georgia During the Year Fire marine and inland risks written 3089249 00 Premiums received gross 43291 37 Losses paid 18391 95 Losses incurred 092 64 NEW BRUNSWICK FIRE INS CO OF NEW BRUNSWICK N J George A Viehman President Chas D Rose 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 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 136889 00 3 Interest due on all said bond and mortgage loans 17500 interest accrued thereon 154551 total 1720 51 4 Value of lands mortgaged exclusive of buildings and perishable improvements 135350 00212 ComptrollerGenerals Eeport 5 Value of buildings mortgaged insured for 147500 as collateral 177300 00 6 Total value of said mortgaged premises carried inside 312650 00 Total par and market value of stocks and bonds owned absolutely by the company and carried out at maTket value 12 Cash in companys principal office 2092 31 13 Cash belonging to the company deposited in banks viz National Bank of New Jersey 11960 75 Peoples National Bank 346829 New Brunswick Trust Co 306136 total 18490 31 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uneollected 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Bents due and accrued Deposit with Philadelphia Underwriters 319894 00 20582 62 1517 32 71440 60 234 00 100 00 Total assets of the company actual cash market value 684740 05 1IILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 33217605 un earned premiums fifty per cent 8 Gross premiums without any deduction received and receivable upon all nnex pired fire risks running more than one year from date of policy 35221956 unearned premiums pro rata 31645 00 4 Total gross amount of claims for losses 31645 00 5 Deduct reinsurance thereon 4459 24 166088 03 193540 03 11 Total unearned premiums is computed above raToied out 16 Cash dividends to stockholders remaining unpaid 27185 76 359628 06 61 10ComptbollebGenebal s Report 213 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Return premiums 12917 reinsurance premiums 64706 total State tax Total amount of all liabilities exeept capital stock scrip and net surplus Joint stock capital actually paid up in cash Surplus beyond capital and all other liabilities 776 23 2500 00 20 21 23 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 390151 15 200000 00 94588 90 684740 Oo Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 80044 47 Deduct amount of same not collected 288 55 3 Net collected 4 Gross premiums on risks written and re newed during the year 79755 92 668235 50 5 Total 747991 42 Deduct premiums and bills in course of collection at this date Entire premiums collected during the year in cash Deduct reinsurance and return premiums 676158 65 211314 33 71832 77 9 10 11 12 15 Net cash actually received for premiums carried out Received for interest on bonds and mortgages Received for interest and dividends on stocks and bonds collateral loans and from all other sources Tncome received from all other sources omitting increase if any in value of securities viz Rents 1354600 other 50049 total Aggregate amount vear in cash of income actually received during the VExpenditures During the Year 464844 32 5053 S7 11893 89 14046 49 495838 57 Gross amount actually paid for losses in cluding 2116050 losses occurring in previous years 268091 54214 CompteolleeGenerals Report Deduct all amounts actually received for salvages whether on losses of the last or of previous year 521324 and all amounts actually received for reinsur ance in other companies 3692831 dis count 43631 total deductions 42577 86 Net amount paid during the year for losses 225513 68 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 19985 00 6 Paid for commissions or brokerage 103037 71 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 62082 66 8 Paid for State National and local taxes in this and other States 22593 77 9 All other payments and expenditures 29261 27 Aggregate amount of actual expenditures during the yeaT in cash 462474 09 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December as per line 5 under this heading in last years statement 54274559 00 704471 69 2 Written or renewed 52171111 00 668235 50 3 Total 106445670 00 1372707 19 4 Deduct those expired and marked off as terminated 47691691 00 614108 26 5 In force at end of year 58753979 00 758598 93 6 Deduct the amount reinsured in other companies 5349604 00 74203 32 7 Net amount in force 53404375 00 684395 61 8 Greatest amount insured in any one risk 20000 Of Business in the State of Georgia During the Year Fire risks written 941075 00 Premiums received gross 23909 06 Losses paid 4 670 74 Losses incurred 4 977 gComptrollebGtenebals Report NEW HAMPSHIRE EIRE INSURANCE COMPANY OF MANCHESTER N H 215 Frank W Sargeant President Frank E Martin Lewis W Crockett Secretaries William B Burpee Principal Office 876 Elm St Manchester N H ICapital 1 Whole amount of capital stock authorized 2000000 00 2 Amount paid up in cash 1200000 00 IIAssets 121250 00 137600 00 1814 24 1 Market value of real estate owned by the company less the amount of incumbranees thereon 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 4 Value of lands mortgaged exclusive of buildings and perishable improvements 154500 00 5 Value of buildings mortgaged insured for 12775000 as collateral 183000 00 6 Total value of said mortgaged premises carried inside 337500 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 808 09 13 Cash belonging to the company deposited in bank viz Merchants National Bank 17445219 Amoskeag National Bank 2000000 Manchester National Bank 5000000 total 244452 19 23 36 Total cash items 245260 28 15 Interest due and accrued on stocks not included in mar ket value J uncollected 42829 22 16 Interest due and accrued on mortgages 1814 24 17 Cash in hands of agents and in course of transmission net 323193 60 Total assets of the company actual cash market value 5553270 70 TTTLiabilities 1 Losses adjusted and unpaid not due 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 52858 40 211703 40216 ComptbollebGeneeals Repobt 3 Losses resisted including interest and other expenses thereon costs 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 13577 00 278138 80 59684 44 6 Net amount of unpaid losses 218 454 36 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 138876296 un earned premiums fifty per cent 694381 48 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 244891391 unearned premiums pro rata 1310113 60 11 Total unearned premiums as computed above 14 Amount of dividends declared but not yet due 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 18 Taxes due or accrued 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Unpaid return and reinsurance premiums Reserve for contingent liabilities 25000000 sinking fund for office building 10000000 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 2004495 08 60000 00 20000 00 65000 00 56990 44 350000 00 2774939 88 1200000 00 1578330 82 24 Aggregate amount of all liabilities including capital paid up and net surplus 5553270 70 IVIncome During the Year 9 Net premiums written 2 213 374 29 10 Received for interest on bonds and mortgages 8 715 29 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 205 833 0 12 Tncoine received from all other sources omitting increase if any in value of securities viz Rents 1397665 from miscellaneous sources 477834 total 18 754 99 13 Received for increase capital 100 000 00 15 Aggregate amount of income actually received during the ear 2546677 60ComptbolleeGenebals Eepobt 217 VExpenditures During the Year 1 Grose amount actually paid for losses in eluding 22702572 losses occurring in previous years 1295424 28 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 105882 and all amounts actually received for reinsur ance in other companies 17882296 total deductions 18941117 Net amount paid during the year for losses 1106013 11 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 11000000 6 Paid for commissions or brokerage M 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 118057 98 8 Paid for state national and local taxes in this and other 85733 4U states 9 All other payments and expenditures viz Loss and 40344 06 gam account Miscellaneous expenses Aggregate amount of actual expenditures during the BS 8 2098913 23 year m cash VIRisks and Premiums 1 In force December 31 1909340886563 00 3897778 74 2 Written or renewed in 1910 248121167 00 2756039 05 3 Totals 589007730 00 6653817 79 4 Deduct expirations and cancellations 218696514 00 2517771 92 5 In force December 31 1910370311216 00 4136045 87 6 Deduct amount reinsured 27159300 00 298369 00 7 Net amount in force 343151916 00 3837676 87 8 Largest amount written on any one risk not deducting reinsurance Business in the State of Georgia During the Year b 9 037 32 00 Fire marine and inland risks written 3n 814 08 Premiums received gross gQ Losses paid 15105 41 Losses incurred 218 ComptrollerGenerals Report niagara fire insurance company op new york n y Harold Harrick President George W Dewey Secretary Principal Office 25 Liberty St New York 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 717 000 00 3 Interest accrued on all said bond and mortgage loans 7853 04 4 Value of lands mortgaged exclusive of buildings and perishable improvements 796000 00 5 Value of buildings mortgaged insured for 490400 as collateral 490 400 00 6 Total value of said mortgaged premises carried inside 1286400 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4688451 00 12 Cash in companys principal office 1070 36 13 Cash belonging to the company deposited in banks 321922 73 Total cash items 322 993 09 15 Interest due and accrued on stocks not included in mar ket value uncollected n 457 07 17 Cash in hands of agents and in course of transmission 500297 11 Accrued interest on deposits in trust companies 986 13 Total assets of the company actual cash market value 6249037 44 IIILiabilities 1 Losses due and unpaid 668 48 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 349205 19 3 Losses resisted including interest costs and other expenses thereon 33 821 45 4 Total gross amount of claims for losses 383695 12 5 Deduct reinsurance thereon 62 515 50 6 Net amount of unpaid losses 321 179 92CompteollebGtenbbals Eepoet 219 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 202330467 un earned premiums fifty per cent 1011652 33 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 3376269 93 unearned premiums pro raita 1765925 65 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and tor agency and other expenses 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Accrued taxes 4912471 commissions 1250000 total Reinsurance premiums 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock 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 2777577 98 2791 06 61624 71 34736 08 3197909 45 1000000 00 2051127 99 6249037 44 1 Gross premiums and bills in course of collection at close of last previous yeaT as shown by that years statement 641622 78 3 Net collected 641622 78 4 Gross Tremiums and risks written and re newed during the year 06ox a 4973963 99 5 Total 6 Deduct premiums and bills in course of collection at this date 617879 59 7 Entire premiums collected during the year in cash 435608440 8 Deduct reinsurance and return premiums 1181130 30 9 Net cash actually received for premiums carried out A 10 Received for interest on bonds and mortgages 3174954 10 31937 92220 ComptrollerGenerals Report 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 213845 23 12 Income received from all other sources omitting increase if any in value of securities viz Sale of capital stock in excess of par value 120000 agents balances previously charged off 1234 46 13 Received for increase capital 250000 00 15 Aggregate amount of income actually received during the year in cash 3671971 71 V Expenditures During the Year 1 Gross amount actually paid for losses in cluding 22503464 losses occurring in previous years 1614407 50 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1450201 and all amounts actually received for rein surance in other companies 12241351 discounts 30263 total deductions 137218 15 Net amount paid during the year for losses 1477189 35 Expenses of adjustment and settlement of losses 36985 19 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 475000 00 6 Paid for commissions or brokerage 592 961 30 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 256071 04 8 Paid for State National and local taxes in this and other States 93 454 qj 9 AH other payments and expenses viz Advertising 6 26446 commercial reports 133811 exchange 3 85771 fire patrol 1220031 furniture and fixtures 266351 incidental 617702 inspections etc 16 06192 legal expenses 587630 local boards 26 93118 maps 975173 office expenses 903621 rent 3704982 subscription 211393 traveling 29 24439 hotel 1925059 postage 3012797 total 244868 44 Agents balances charged off 122 11 Aggregate amount of actual expenditures during the year in cash 317665 44ComptrollerGenerals Report 221 VIRisks and Premiums Fire Risks Premiums thereon 1 In force on the 31st day of December 1909 577622712 00 5936275 32 2 Writtenor renewed during the year 398590144 00 4348429 48 Total 976212856 00 10284704 80 4 Deduct those expired and marked off 1AK11 qo as terminated 372362328 00 4105161 5 In force on the 31st day of December a1ooR 10ln 603850528 00 6179542 88 6 Deduct amount reinsured 4940848 00 779968 28 7 Net amount in force528909680 00 5399574 60 Business in the State of Georgia During the Year 3026486 00 Fire risks written 96 Premiums received gross 11 701 38 Losses paid Losses incurred UNITED STATES BRANCH OF NORWICH UNION FIRE INSURANCE SOCIETY LIMITED OF GREAT BRITAIN J Montgomery Hare Manager William Hare Assistant Manager Home Office in the United States 59 John St New York N Y ICapital Stock 2 Amount of ledger assets December 31 of 9 523 032 69 previous year V x 2523032 69 4 Extended at IIIncome Fire 5 Gross premiums 2498642 88 2 Deduct gross amount paid for reinsur ance fire 43441548 return premi ums fire 30204115 total 736456 63 7 Total premiums other than perpetual 1762186 25 9 Gross interest on mortgage loans I W0 on 11 Gross interest on bonds and dividends on 85339 42 stocks 999 ComptbollerGeneral s Eepobt 12 Gross interest on deposits in trust com panies and banks 1783 34 14 Dividends on stock of Underwriters Sal vage Co of N Y 1 0000 interest col lected from agents overdue accounts 448 total 104 48 15 Total gross interests and rents 88980 24 19 Received from Home office 9680 00 28 Total income 1860846 49 ITTDisbursements Fire 1 Gross amount paid policyholders for losses including 12772835 occurring in previous years 1107332 82 2 Deduct amount received for salvage fire 1159368 reinsurance fire 207 32210 total 218915 S4 3 Net amount paid policyholders for losses 888416 98 4 Expenses of adjustment and settlement of losses 16069 39 5 Commissions or brokerage 320707 21 6 Allowances to local agencies for miscellaneous agency expenses 174 58 7 Salaries 5196432 and expenses 3810118 of special and general agents 90065 50 8 Salaries fees and all other charges of officers directors trustees and home office employes 127715 76 9 Bents 1 6536 88 10 Advertising 457088 printing and stationery 14 12108 total 18691 96 11 Postage telegrams telephone and express 17833 29 12 Legal expenses 1364 1 13 Furniture and fixtures 709 74 14 Maps including corrections 5181 43 15 Underwriters hoards and tariff associations 25528 94 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 17709 71 17 Inspections and surveys 6203 00 20 State taxes on premiums 35213 96 21 Insurance department licenses and fees 14438 08 22 All other licenses fees and taxes viz City and county licenses 640843 city and county taxes 152312 tax on Deposit Va 1650 total 7948 05 23 OthcT disbursements viz Subscriptions to directories Insurance and other publications 104824 water ice towel supply and petty office supplies 67323 creditCompteollehGenekals Repoet 223 reports 116305 rent of safe deposit vaults and pre miums on surety bonds 58775 auditors fees 1 11000 other miscellaneous office disbursements 3 76477 remitted to home office 11024409 total 118591 13 37 Agents balances charged off 84 27 40 Total disbursements 1729183 97 IVLedger Assets 2 Mortgage loans on real estate first liens 35000 00 4 Book value of bonds 160679078 and stocks 437 75576 total 204454654 5 Cash in companys office 116 41 6 Deposits in trust companies and banks not on interest 3618 53 7 Deposits in trust companies and banks on interest 288779 02 8 Agents balances representing business written subse quent to October 1 1910 276285 05 9 Agents balances representing business written prior to October 1 1910 4608 19 12 Other ledger assets viz Balances in hands of special agents 741 47 16 Total ledger assets 2654695 21 NonLedger Assets 17 Interest accrued on mortgages 145 83 18 Interest accrued on bonds 20971 24 24 Total 2111707 26 Market value not including interest in item 18 of bonds and stocks over book value 11829 46 27 Other nonledger assets viz Beinsurance due but uncol lected viz Caledonian of Scotland 379 German American of N Y 4687 Girard F M of Pa 575 Hanover of N Y 296 London Lancashire of Eng 1722 North Eiver of N Y 2618 Munich of Bavaria 102111 Royal of Eng 1870 Sun of La 1722 Sun of Eng 700 Williamsburg City of of N Y 700 total 1173 90 n 2688815 54 30 Gross assets p Deduct Assets Not Admitted 34 gents balances representing business written prior to October 1 1910 4608 l9 40 Total admitted assets 2684207 35224 ComptrollerGenerals Report VLiabilities 1 Gross losses adjusted and unpaid not yet due 3 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 75074 92 100724 00 22365 00 198163 92 39544 70 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 1 16220008 unearned premiums fifty per cent 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 191037387 unearned premiums pro rata 158619 16 581100 04 984660 62 12 Total unearned premiums as computed above 1565760 66 19 Salaries rents expenses bills accounts fees etc due or accrued 1050 68 20 State county and municipal taxes due or accrued 35000 Ofj 21 Commissions brokerage and other charges due or to be come due to agents and brokers 6165 31 22 Return premiums 520240 reinsurance premiums 21 51847 total 26720 87 27 Total amount of all liabilities except capital 1793316 68 29 Surplus over all liabilities 890890 67 31 Total liabilities 2684207 35 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 346352423 00 3609955 07 2 Written or renewed during the year 244394217 00 2498642 88 3 Total 590746640 00 6108597 95 4 Deduct those expired and marked off 232857857 00 2426430 17 5 In force at the end of the year357888783 00 3682167 78 6 Deduct amount reinsured 59425656 00 609593 83 7 Net amount in force 298463127 00 3072573 95ComptbollebGtenebals Repobt 225 Business in the State of Georgia During the Year 26 Gross risks written 5115921 00 Less 110415500 risks canceled and 41196900 re insurance in companies authorized in Georgia 1516124 00 Net risks written 3599797 00 27 Gross premiums on risks written 47205 45 Less 568184 return premiums and 227011 premiums for reinsurance in companies authorized in Georgia 7951 95 Net premiums received 39253 50 28 Losses paid deducting salvage 17818 77 Less losses on risks reinsured in companies authorized in Georgia 33 30 Net losses paid 29 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 17785 47 16807 73 57 09 Net losses incurred 16750 64 UNITED STATES BRANCH OE THE NORTH BRITISH AND MERCANTILE FIRE INSURANCE COMPANY OE LONDON AND EDINBURGH GREAT BRITAIN E G Richards Manager for the United States Principal Office in United States 76 William St New York Edgar Dunlap Attorney for Service in GeoTgia ICapital 1 Whole amount of capital stock 30000000 00 2 Amount paid up in cash 6062500 00 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 732816600 12 Cash in companys principal office 387 08 13 Cash belonging to the company deposited in bank viz J P Morgan Co New York 8059179 Merchants Na tional Bank New York 2000000 Total cash items 15 Interest due and accrued on stoefcs not included in mar ket value uncollected 100978 87 84345 72226 CompteollebGexebals Repobt 17 Cash in hands of agents and in course of transmission 797991 32 18 Due from other companies for reinsurance on losses al ready paid Milwaukee Underwriters Building Asso ciation 18100 Philadelphia Underwriters Associa tion 10000 Association Fire Underwriters Baltimore Md 10000 Underwriters Salvage Co New York 100000 Underwriters Salvage Co Chicago 1 00000 total 2381 00 Southern Adjustment Bureau 200 00 Total assets of the company actual cash market value 8314062 91 IIILiabilities 1 Losses due and unpaid 79011 11 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 334631 37 3 Losses resisted including interest costs and other expenses thereon 65905 50 4 Total gross amount of claims for losses 479627 98 5 Deduct reinsurance thereon 58296 99 6 Net amount of unpaid losses 421330 99 7 Gross premiums without any deduction received and receivable upon all unex pired risks running one year or less from date of policy 323849155 un earned premiums fifty per cent 1619245 77 8 Gross premiums without any deduction received and receivable upon all unex plied lire risks running more than one year from date of policy 486010486 unearned premiums pro rata 2525190 37 11 Total unearned premiums as computed above carried 0t 4144436 14 12 Beserve on perpetual or deposit premiums 33810 34 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz State county and municipal taxes due and accrued 75000 00 Estimates of liability for services rendered or contracted for prior to January 1 1011 but for which bills had not at that date been presented some of which have since been paid and including others payments for which are not yet due Telegraph and cable services in Decem ber 9040 repairs to and new electric work in officeComptrollerGeneral s Report 227 3710 Policy blanks contracted for in 1910 but not delivered on December 31 161250 advertising and subscriptions proportion of expense accrued to Decem ber 31st 7500 insurance associations inspectors sur veys and maps accrued to December 31st 129217 furniture and office supplies contracted for in 1910 but bills not presented 111620 engrossing agents com missions during December 1215 current expenses ice laundry stationery etc accrued in December 1910 82210 services of attorneys during 1910 1 41975 exchange on out of town checks deposited dur ing December 9075 express charges on packages ship ped to agents during December 14115 proportion of rental for quairter ending February 10 i e November ber and December 1910 693750 add to cover possi ble underestimates 35323 total 14000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 4688577 47 23 Surplus beyond capital and all other liabilities 3625485 44 24 Aggregate amount of all liabilities including capital paid up and net surplus 8314062 91 IVIncome During the Year Gross premiums and bills in course of collection at close of previous year as shown by that years statement 1010454 40 Net collected 1010454 40 Gross premiums on risks written and re newed during the year 6720685 27 Total 7731139 67 Deduct premiums and bills in course of collection at this date 812458 28 Entire premiums collected during the year in cash 6918681 39 Deduct reinsurance and return premiums 1927452 90 11 15 Net cash actually received for premiums carried out 4991228 49 Received for interest and dividends on stocks and bonds collateral loans and from all other souirces 297804 24 Aggregate amount of income actually received during the year in cash 5289032 73 228 ComptrollerGenerals Report VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 39513103 losses occurring in previous years 2532626 70 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 3248790 and all amounts actually received for rein surance in other companies 26218550 total deductions 294 673 46 Net amount paid during the year for losses 2237953 24 6 Paid for commissions or brokerage l 196 039 43 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 447618 40 8 Paid for State National and local taxes in this and other States 154768 48 9 All other payments and expenditures 296 959 91 10 Amount sent to Home Offices during the year 699194 92 Aggregate amount of actual expenditures during the year ln cash 4333339 46 VIBisks and premiums 1 In force on the 31st day of December as per line 5 under this heading in last years statement 972006089 00 8918123 30 2 Written or renewed during the year 786996986 00 6719670 27 3 TotaI 1759003075 00 15637793 57 4 Deduct those expired and marked off as terminated 748593880 00 6563997 23 5 In force at the end of the year 1010409195 00 9073796 34 6 Deduct amount reinsured 139268953 00 975109 93 7 Net amount in force 871140242 00 8098686 41 Business in the State of Georgia During the Year Fire risks written 5443998 00 Premiums received gross 66 762 49 SS6spaid 17078 13 Losses menired 19 85g ComptrollerGenerals Report 229 UNITED STATES BRANCH OP THE NORTHERN ASSURANCE COMPANY LIMITED OP GREAT BRITAIN H E Wilson London England General Manager Geo VV Babb Manager New York Office G H Lermit Manager Chicago Office Principal Offices in the United States 38 Pine St New York N Y 642 Monadnock Block Chicago 111 ICapital Stock Amount of capital paid up up in cash 1500000 00 Statutory deposit 200000 00 Amount of ledger assets as per balance December 31 of previous year 4970801 67 4 Extended at 4976801 67 IIIn come 5 Gross premiums 4613328 61 6 Deduct gross amount paid for reinsurance fire 79239895 return premiums fire 71894317 total 1511342 12 7 Total premiums other than perpetual 3101986 49 11 Gross interest on bonds and dividends on stocks less 26111 accrued interest on bonds acquired during 1910 163636 39 12 Gross interest on deposits in trust com panies and banks 3977 92 16 Gross rents from companys property 9000 00 17 Total gross interest and rents 19 Received from head office during the year 25 Prom agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds per schedule D 176614 31 331005 75 85 34 2000 00 28 Total income 3611691 89 IIIDisbursements Gross amount paid polieyholders for losses including 2232357 occurring in pre vious years 1777343 01 Deduct amount received for salvage fire 1527838 reinsurance fire 381 59177 discount fire 93209 total 397802 24230 ComptrollerGenerals Report 10 11 12 13 14 15 16 17 19 20 21 22 23 29 37 38 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 6138383 and expenses 5394120 of special a mi 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 722039 printing and stationery 22 54084 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 ments fees taxes and expenses Inspections and surveys Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes viz County and mu nicipal 1389340 Federal government 475033 Other disbursements viz Books newspapers and periodi cals 87588 cleaning heating and lighting 225789 collection and exchange fees 364830 traveling 4 92565 miscellaneous 578432 total Remitted to head office during the year Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds 1379540 77 34591 58 511380 86 115325 03 217684 39 21935 20 29761 23 24713 56 1325 16 2375 55 7431 13 44430 20 28805 96 20165 18 3076 32 58691 42 16317 33 18643 73 17492 04 721609 82 85 68 420 00 40 Total disbursements 3275802 14 IVLedger Assets 1 Book value of real estate 115 000 00 4 Book value of bonds 411657101 and stocks 94 2659 tal 4410836 91 5 Casli in companys offices 1544 72 6 Deposits in trust companies and banks not on interest viz Anglo and London Paris National Bank San Francisco 482735 Canadian Bank of Com meroe San Francisco 148617 total 6313 52 7 Deposits in trust companies and banks on interest viz Mechanics American Na tional Bank St Louis 108636 Mer chants Loan and Trust Co ChicagoComptrollerGtenerab s Report 231 3350768 iNational Bank oi Commerce in New York Aew York 17843176 Northern Trust Co Chicago 939b7 Union Trust Co iSew York 2899031 242955 78 250814 02 8 Agents balances representing business written subse quent to October 1 1910 507304 10 9 Agents balances representing business written prior to October 1 1910 17493 27 11 Bills receivable taken for fire risks 10743 12 16 Total ledger assets 5312691 42 NonLedger Assets 18 Interest due 1824000 and accrued 2512113 on bonds 43361 13 24 Total 43361 13 25 Market value of real estate over book value 60000 00 29 Insurance Company Salamandra St Petersburg Russia 2992 81 30 Gross assets 5419045 36 Deduct Assets Not Admitted 34 Agents balances representing business prior to October 1 1910 17493 27 35 Bills receivable past due taken for ma rine inland and fire risks 10743 12 37 Book value of ledger assets over market value 193711 91 39 Total 221948 30 40 Total admitted assets 5197097 06 VInabilities 1 Gross losses adjusted and unpaid not yet due 34599 32 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 309115 78 3 Gross claims for losses resisted 65685 34 4 Total 409400 44 5 Deduct reinsurance due or accrued 60873 28 6 Net amount of unpaid losses and claims 348527 16232 COMPTBOLLEBGrENEBAL S BEPOBT 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 2 19985727 unearned premiums fifty Per cent 1099928 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 323713775 unearned premiums pro rate 1725065 12 12 Total unearned premiums as computed above 2824993 76 19 Salaries rents expenses bills accounts fees etc due or accrued 47691 26 20 State county and municipal taxes due or accrued 75158 03 22 Reinsurance premiums 62797 16 27 Total amount of all liabilities except capital 3359 167 37 28 Statutory deposit 200000 00 29 Surplus over all liabilities 1637 929 69 30 Surplus as regards policyholders i 837 929 31 Total liabilities 5197097 06 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 554654496 00 6018867 70 2 Written or renewed during the year 426550173 00 4613328 61 3 Total 981204669 00 10632196 31 4 Deduct those expired and marked off 402683451 00 4444596 82 5 In force at the end of the year578521218 00 6187599 49 6 Deduct amount reinsured 67894293 00 750604 47 7 Net amount in force 510626925 00 5436995 02 Rusiness in the State of Georgia During the Year 26 Gross risks written 5491441 00 Less 118634100 risks canceled and 29851400 re insurance in companies authorized in Georgia 1484855 00 Net risks written 4i006586 00K 0II ComptbolleeGteneeals Repoet 233 27 Gross premiums on risks written 56846 96 Less 683946 return premiums and 303143 premiums for reinsurance in companies authorized in Georgia 9870 89 Net premiums received 28 Losses paid deducting salvage Less losses on risks reinsured in companies authorized in Georgia 46976 07 17987 94 16 89 Xet losses paid 29 Losses incurred Less losses on risks reinsured in companies authorized in Georgia 17971 05 17515 20 85 46 Net losses incurred 17429 74 NORTH RIVER FIRE INS COMPANY OF NEW YORK CITY N Y William E Hutchins President Frederick H Drum Secretary Principal Office 939597 William St New York J L Riley Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 350000 00 2 Amount paid up in cash 350000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 795100 00 3 Interest accrued on all said bond and mortgage loans 11183 12 4 Value of lands mortgaged exclusive of buildings and perishable improvements 919000 00 5 Value of buildings mortgaged insured for 607800 as collateral 635500 00 i 6 Total value or Baid mortgaged premises carried inside 1554500 00 9 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 10 Amount of stocks bonds and all other securities except mortgages hypothecated to the company as collateral security for cash actually loaned by the company with the par and market value of the same and the amount loaned on each 13 Cash belonging to the company deposited in bank 914500 00 25690 00 210037 06234 ComptrollerGenerals Beport 15 Interest due and accrued on bonds 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 Total assets of the company actual cash market value IIILiabilities 3737 44 273 92 322654 73 2283176 32 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 68240 93 224631 58 11606 49 4 Total gross amount of claims for losses 304479 00 5 Deduct reinsurance thereon 135 479 qo 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 118874213 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 119698087 unearned premiums pro rata 169000 00 594371 06 635759 r3 11 Total unearned premiums as computed above carried out 15 Dividends declared and remaining unpaid or uncalled for 17 Due and accrued for salaries rent advertising and for agency and all other miscellaneous expenses 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 capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid n and net surplus IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 733831 78 1230130 59 1337 75 25001 Oil I mh 1428 His 350000 00 504717 98 2283170 32ComptrollerGeneral s Beport 235 3 Net collected 73383178 4 Gross premiums on risks written and re newed during the year 3107178 93 5 Total 3841010 71 6 Deduct premiums and bills in course of collection at this date 851196 68 7 Entire premiums collected during the year in eash 2989814 03 8 Deduct reinsurance and return premiums 1316286 69 9 Net cash actually received for premiums carried out 1673527 34 10 Received for interest on bonds and mortgages 34405 89 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 42509 19 12 Income received from all other sources omitting increase if any in value of securities viz Sale profit of ledger assets 2606 50 15 Aggregate amount of income actually received during the year in cash 1753048 92 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 20070226 losses occurring in previous years 1364747 15 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1444719 and all amounts actually received for reinsur ance in other companies 47213020 discount 180000 total deductions 488377 39 Net amount paid duTing 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 Adjustment of losses 2362692 general special agents expenses 3927919 rents 1500000 advertising printing and stationery 964497 postage telegrams and telephone 521688 legal expenses 459878 maps including corrections 698259 Underwriters Boards and Tariff 876369 76 34943 00 383189 67 168057 66 31942 38236 ComptrollerGenerals Eepobt Associations 995132 fire department salvage corps 900874 inspections and surveys 1122517 insur ance department fees and licenses 602351 county municipal taxes in various States 319105 premiums on surety bonds 22690 TJ S internal revenue tax 94482 miscellaneous expenses 150000 loss from sale of ledger assets 78375 total 147204 59 Aggregate amount of actual expenditures during the year in h 1641707 06 VIRisks and Premiums In force on the 31st day of December as per line 5 under this heading in last years statement287943322 00 3106817 01 2 Written or renewed during 1910 280416510 00 3107178 93 3 Total 568359832 00 6213995 94 4 Deduct those expired and marked off as terminated in 1910 253607662 00 2836755 65 5 In force at end of year 1910314752170 00 3377240 29 6 Deduet the amount reinsured in other companies 96079694 00 991527 29 7 Net amount in force 2186724 76 2385713 00 Business in the State of Georgia During the Year Fire risks written j 793 523 00 Premiums received gross 30 532 62 Losses paid 5 495 gj Losses incurred 5 49g gj ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN Archibald G Mcllwaine Jr President Henry W Gray Jr Secretary Principal Office 2022 Trinity St Hartford Conn RobeTt A Hancock Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 2 000 000 00 2 Amount paid up in cash 500000 00 IIAssets 1 Market value of real estate owned by the company less the nmount of incumbranees thereon 157 ggg 30ComptrollerGenerals Eeport 237 9 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 239674250 12 Cash in companys principal office 8584 72 13 Cash belonging to the company deposited in bank viz American National Hartford Conn 15107754 Charter Oak National Bank Hartford Conn 1740681 United States Mortgage Trust Co New York 4191060 Na tional Bank of the Republic Chicago 3110320 Union Trust Co of San Francisco 222372 total 243721 87 Total cash items 252306 59 15 Interest due and accrued on stocks not included in mar ket value uncollected 30712 49 17 Oash in hands of agents and in course of transmission 31086934 gross less 6868339 commissions thereon 242185 95 Total assets of the company actual cash market value 3089633 91 IIILiabilities 1 Losses due and unpaid 11293 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 99865 41 3 Losses resisted including interest costs and other expenses thereon 18917 72 4 Total gross amount of claims for losses 130076 13 5 Deduct reinsurance thereon 31384 97 6 Net amount of unpaid losses 98691 16 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 88590642 un earned premiums fifty per eent 442953 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 163167870 unearned premiums pro rata 861675 75 11 Total unearned premiums as computed above carried out 1 1304628 95 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 2252 56238 ComptrollerGeneral s Eepokt 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Taxes due and accrued 2660828 bal ances due other companies 14060 unpaid return premiums 63775 unpaid reinsurance 2124207 less 494316 1629891 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 43685 54 1449258 21 500002 1 1140375 70 24 Aggregate amount of all liabilities including capital paid up and net surplus TV Income 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 320051 72 3089633 91 3 Net collected 320051 72 4 Gross premiums on risks written and re newed during the year 2 126 874 17 Total 2446925 89 6 Deduct premiums and bills in course of collection at this date 320134 48 7 Entire premiums collected during the year Cash 212652691 notes 26450 total 2126791 41 8 Deduct reinsurance and return premiums 743 307 44 9 Net cash actually received for premiums carried out 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from all other sources omitting increase if any in value of securities 1383483 97 112250 51 9000 00 15 Aggregate amount of income actually received during the year in cash 1504734 48 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 10104765 losses occurring in rvi0 Vlars 841947 05CompteolleeGenebals Kepobt 239 2 Deduct all amounts actually received foT salvages and discounts whether on losses of this or previous year 15 77382 and all amounts actually re ceived for reinsurance in other com panies 15710315 total deductions 172876 97 Net amount paid during the year for losses including ex penses of adjustment 2232127 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 otheT payments and expenditures viz Real estate expenses 705558 advertising printing and station ery 1609896 rents 753318 postage telegrams and telephone 1046749 traveling 2155150 Underwrit ers Boards 1833408 maps 309713 surveys 4 12174 miscellaneous 882934 total 669070 08 200000 00 284188 48 85131 63 58705 82 97089 00 Aggregate amount of actual expenditures during the yeair in cash 1394185 01 VIRisks and Premiums Fire Risks Premiums thereon 1 In force on the 31st day of December as per line 5 under this heading in last vears statement257413432 00 2863S79 45 2 Written or renewed during the year 195773475 00 2126874 17 3 Total 453186907 00 4990753 62 4 Deduct those expired and marked off as terminated 175688425 00 2001055 45 5 In force at the end of the year277498482 00 2989698 17 6 Deduct amount reinsured 41767052 00 472113 05 7 Not amount in force235731430 00 2517585 12 Business in the State of eGorgia During the Vein Fire risks written Premiums received gross Losses paid Losses incurred 152628 00 2560l 20 22842 39 22040 39240 ComptrollerGenerals Repori THE PALATINE INS COMPANY LTD OP LONDON ENGLAND A H Wray Manager Principal Office in U S Corner Pine and William Sts New York John A Whitner 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 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 2820420 00 13 Cash belonging to the company deposited in banks viz American Exchange National Bank of New York 55 06678 Guaranty Trust Co New York 5906678 Lon donParis National Bank San Francisco Cal 12 50497 total cash items 127 066 16 15 Interest due and accrued on stocks not included in mar ket value uncolleoted 32 600 00 17 Cash in hands of agents and in course of transmission 362269 30 18 Bill receivable not matured taken for fire marine and inland risks 402 qj Total asets of the company actual cash market value 3342758 13 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 140705 00 3 Losses resisted including interest costs and other expenses thereon 22823 00 4 Total gross amount of claims for losses 163528 00 5 Deduct reinsurance thereon 25 034 63 6 Net amount of unpaid losses i3g 493 37 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 122318219 un earned premiums fifty per cent 611591 10 8 Gross premiums without any deduction received and receivable upon all unexComptrollerGenerals Report 241 pired fire risks running more than one year from date of policy 172142622 unearned premiums pro rata 921456 83 11 Total unearned premiums as computed above carried out 1533047 93 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 111835 94 20 Total amount of all liabilities except capital stock serip and net surplus 1783377 24 23 Surplus beyond capital and all other liabilities 1559380 89 24 Aggregate amount of all liabilities including capital paid up and net surplus 3342758 13 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of previous year as shown by that years statement 371617 03 3 Net collected 371617 03 4 Gross premiums on risks written and re newed during the year 2491991 10 5 Total 2863608 19 6 Deduct premiums and bills in course of collection at this date 368693 97 7 Entire premiums collected during the year in cash 2494914 22 8 Deduct reinsurance and return premiums 789089 85 9 Net cash actually received for premiums carried out 1705824 37 11 Eeceived far interest and dividends on stocks and bonds collateral loans and from all other sources 120904 94 12 Income received from all other sources omitting increase if any in value of securities 3116 43 14 Amount of remittances from home office during the year 193505 SO 15 Aggregate amount of income actually received during the year in cash 2023351 54 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 42196221 losses occurring in previous years 1250825 42242 ComptrollerGenerals Report 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1429083 and all amounts actually received for rein surance in other companies 22270457 total deductions 236995 40 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year ad justing 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 rent advertising stationery and printing post age telegrams telephone express legal expenses 9 All other payments and expenses viz Furniture and fixtures maps Underwriters Boards inspections ex change gross loss on sale of bonds gross decrease in adjustment of book value of bonds and stocks 10 Amount sent to home offices during the year Aggregate amount of actual expenditures during the year in cash 1 876759 ill 1013830 02 19627 03 373066 89 115119 38 62581 50 124760 61 167774 48 VIRisks and Premiums 1 In force December 31 1909273691304 00 3179843 30 2 Written or renewed in 1910 219462343 00 2491991 16 Totals 493153707 00 5671834 46 4 Deduct expirations and cancellations 200471397 00 2268430 14 5 In force December 31 1910 6 Deduct amount reinsured 292682310 00 3403404 32 38951392 00 458795 91 7 Net amount in force253730918 00 2944608 41 Rusiness in the State of Georgia During the Year Fire Risks Premiums tliereon Fire risks written 3407389 32 Premiums received gross 53 777 89 Losses paid 944 79 Losses ineurreii 2129i 22 ComptrollerGenerals Eepobt 243 THE PENNSYLVANIA EIRE INSURANCE COMPANY OE PHILADELPHIA PENNSYLVANIA R Dale Benson President W Gardner Crowell Secretary Principal Office 510 Walnut St Philadelphia Pa ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 750000 00 IIAssets 750000 00 1 Market value of real estate owned by the company less the amount of incumbrancas thereon 141000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 197000 00 3 Interest due on all said bond and mortgage loans 7500 interest accrued thereon 283190 total 2906 90 4 Value of lands mortgaged exclusive of buildings and perishable improvements 359580 00 5 Value of buildings mortgaged insured for 246500 as collateral 340735 00 6 Total value of mortgaged premises car ried inside 7003 15 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 10 Amount of stocks bonds and all other securities except mortgages hypothecated to the company as collateral security for cash actually loaned by the company 12 Cash in companys principal office 13 Cash belonging to the company and de posited in banks viz Philadelphia National 3899499 First National 3604955 Drcxel Co 9528826 total 1836 49 170332 80 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmission 6185387 00 164000 00 172169 29 80145 99 634 76 574149 62 Total assets of company actual cash market value 7517393 56244 ComptrollerGenerals Report IIILiabilities 1 Losses due and unpaid 35247 33 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 358633 56 3 Losses resisted including interest costs and other expenses thereon 24835 75 4 Total gross amount of elaims for losses 418716 64 5 Deduct reinsurance thereon 34 794 01 6 Net amount of unpaid losses 383922 63 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 226271629 un earned premiums fifty per cent 1131358 14 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 400520181 unearned premiums pro rata 2080115 36 9 Amount reclaimable under perpetual pol icies 915496 58 10 Total unearned premiums as computed above carried out 4126970 08 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 30 000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 4540892 71 21 loint stock capita actually paid up in cash 750000 00 2 Surplus beyond capital and all other liabilities 2226500 85 24 Aggregate amount of all liabilities including capital paid up and net surplus 7517393 56 TVIncome During the Year 1 Qiross premiums and bills in course of col lection at close of last previous year as shown by that years statement 570899 60 3 Net collected 570899 60 I Cross premiums on risks written and re newed during the year 4413 288 90 5 Total 4984188 50ComptrollerGenerals Report 6 Deduct premiums and bills in course of 245 collection at this date 574149 62 7 Entire premiums collected during the year in cash 4410038 88 8 Deduct reinsurance and return premiums 965702 98 9 Net cash actually received for premiums carried out 3444335 90 10 Received for interest on bonds and mortgages 10345 48 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 273358 06 12 Income received from all other sources omitting increase if any in value of securities viz Rents 872500 transfers 40300 gain on securities 811480 total 17242 8 15 Aesrreeate amount of income actually received during the SB e 3745282 24 year in cash v VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 31304797 losses occurring in previous years 2087787 54 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 635389 and all amounts actually received for reinsur ance in other companies 12364066 discounts 192844 total deductions 131922 99 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 20625u 00 829946 32 100751 52 165811 56 Wuropato amount of actual expenditures during the SS 3467945 90 year in cash v VIRisks and Premiums Fire Risks Premiums thereon 1 In force on the 31st day of December per line 5 under this heading in last years statement 601857889 00 6513118 38 2 Written or renewed during the year 410923328 00 4413288 90 3 Total 1012781217 00 10926407 28246 ComptrolleeGenebals Kepobt 4 Deduct those expired and marked off as terminated 375440724 00 4153063 42 5 In force at the end of the year637340493 00 6773343 86 6 Deduct amount reinsured 52758405 00 505425 76 7 Net amount in force 584582088 00 6267918 10 Business in the State of Georgia During the Tear Fire risks written 4041818 00 Premiums received gross 74 133 52 Losses paid fi6518 95 Losses incurred 8M65 64 PEOPLES NATIONAL EIRE INSURANCE COMPANY OP WILMINGTON DELAWARE Louis S Amonson President w P Drown Secretary Principal Office 3057 Walnut St Philadelphia Pa Edgar Dnnlap Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 000000 00 2 Amount paid up in cash 1000000 00 ITAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 566850 00 3 Interest due on all said bond and mortgage loans 86724 interest accrued thereon 847487 total 9342 11 0 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 1553455 50 10 Amount loaned on stocks bonds and all other securities except mortgages hypothecated to the company as collateral security 217 525 00 12 fash in companys principal office 7162 55 13 Cash belonging to the company deposited in bank 147175 56 Total cash items rfi 000 1 1 15 Interest due and accrued on stocks not included in mar ket value uneollected 20 65 93 16 Interest due and accrued on collateral loans and uncol eeted 2421 11 17 Cash in hands of agents and in course of transmission 252651 64 Total assets of the company actual cash market value 2779236 40CompteolleeGenebals Repoet IIILiabilities 1 Losses due and unpaid 45689 73 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 125685 41 3 Losses resisted including interest costs and other expenses thereon 3967 56 4 Total gross amount of elaims for losses 175342 70 5 Deduct reinsurance thereon 256o7 01 247 6 Net amount of unpaid losses 7 Gross premiums without any deduction ceived and receivable upon all unex pired fire risks running one year or less from date of policy 106984733 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 97719093 unearned premiums pro rata 9 Keclaimable on perpetual deposit prem iums fire 149085 69 534973 66 676171 74 6664 21 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and aJl other liabilities 1217809 61 57420 26 1424915 56 1000001 00 354320 84 24 Aggregate amount of all liabilities including capital paid V and net surplus 2779230 10 TVTncome During the Year 4 Gross premiums en risks written and re newed during t ho year 2571666 91 6 Deposit premiums perpetual risks 3118 00 7 Entire premiums collected during the year i cash 2574784 91 8 Deduct reinsurance and return premiums 754663 59 9 Net easb actually received for premiums carried out 1820121 32248 CompteolleeGenebals Kepobt 10 Received for interest on bonds and mortgages Interest on collateral 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from other sources omitting increase if any in value of securities 25393 75 9677 46 67745 85 11449 74 15 Aggregate amount of income actually received during the year in cash 1934388 12 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 6188628 losses occurring in previous years 857159 78 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 606539 and all amounts actually received for reinsur ance in other companies 10421455 discount 39574 total deductions 110675 6S 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 746484 10 50000 00 600365 59 89511 77 38060 98 87849 36 Aggregate amount of actual expenditures during the year in cash 1612271 80 VIRisks and Premiums T Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 132534680 00 1352487 66 2 V ritten or renewed during the year 242106927 00 2571666 91 3 Total 4 Deduct those expired and marked off as terminated 142475420 00 374641607 00 3924154 57 1544841 52 5 In force at the end of the year232166187 00 2379313 05 6 Deduct amount reinsured 29497772 00 332274 79 7 Net amount in force 202668415 00 047038 26ComptbollebGenebals Repobt 249 Business in the State of Georgia During the Year Fire risks written 1022860 00 Premiums received gross 18510 Leases paid 4457 j Losses incurred PENNSYLVANIA LUMBERMANS MUTUAL EIRE INSURANCE COMPANY OE PHILADELPHIA PA Edward E Henson president Harry Humphries Secretary Principal Office Fifth and Chestnut Sts Philadelphia Pa F Wade Vaughan Atlanta Attorney for Service in Georgia IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3500 00 3 Interest accrued on all said bond and mortgage loans 15 75 4 Value of lands mortgaged exclusive of buildings and perishable improvements 2000 00 5 Value of buildings mortgaged 5000 00 6 Total value of said mortgaged premises carried inside 7000 00 9 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 42968250 12 Cash in companys principal office 675 03 13 Cash belonging to the company deposited in banks viz Central National Bank 2327499 Philadelphia National Bank 2593353 United Security L T Co 19376 Real Estate Title Insurance Trust Co 401641 total 53418 69 Total cash items 54093 72 15 Interest due and accrued on bonds not included in mar ket value uncollected 4844 07 17 Cash in hands of agents and in course of transmission not more than three months in arrears 24781 20 Total assets of the company actual cash market value 516917 24 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 13495 26250 CoMPTROfLERGrENERALs REPORT 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 33416344 un earned premiums fifty per cent 167081 72 11 Total unearned premiums as computed above carried out jf 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19 All other demands against the company absolute nad contingent due and to become due admitted and con tested viz Taxes on premiums not yet due 70014 inspection charges due on premiums in course of collec tion 271322 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 Six Months 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 21124 96 3 Net collected 21 124 96 4 Gross premiums on risks written and re newed during the year 205961 12 5 Total 227086 08 6 Deduct premiums and bills in course of collection at this date 25 277 99 7 Entire premiums collected during the year in cash 201808 09 8 Deduct return premiums 18569 14 9 Net cash actually received for premiums carried out 10 Excess remittance 11 Received for interest and dividends on stocks and bonds and from all other sources 15 Aggregate amount of income actually received during the six months in cash 13495 26 167081 72 190 67 3413 36 184181 01 332736 23 516917 24 183238 95 01 11354 27 194593 23ComptrollerGenerals Eeport 251 VExpenditures During the Six Months 1 Gross amount actually paid for losses in cluding 174972 losses occurring in pre vious years 35025 86 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 712 20 Net amount paid during the year for losses 34313 66 4 Cash dividends actually paid policyholders amount of policyholders dividends declared during the year 40 per cent of earned premiums 66533 62 5 Depreciation in market value of securities 1158 81 6 Paid for inspection charges 11323 45 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 13778 75 8 Paid for State National and local taxes in this and other States 2871 45 9 All other payments and expenditures viz Rent 1 59500 Printing stationery etc 108500 officers meetings and mileage 160348 advertising 192036 inspections and surveys 561382 adjustment 24327 traveling 153280 legal 38213 postage telegrams telephone and incidentals 256283 total 16538 69 Aggregate amount of actual expenditures during the six months in cash 146518 43 VIRisks and Premiums 1 In force on the 31st day of December 1910 as per line 5 under this head ing in last years statement 14072515 00 313055 37 2 Writen or renewed during six months 19H 9103676 00 205961 12 3 Total 2317619100 519016 49 4 Deduct those expired and marked off as terminated 8072900 00 184853 05 5 In force at end of June 30 1911 15103291 00 334163 44 Business in the State of Georgia for Six Months Ending June 30 1911 Fire risks written 100000 00 Premiums received gross 3303 37 Losses paid 1279 08 Losses incurred 1279 08252 ComptrollkrGexerals Beport UNITED STATES BRANCH OF PHOENIX ASSURANCE CO Ltd OF LONDON ENG L P Bayard P Beresford Managers A D Irving Jr Secretary Principal Office in the United States 47 Cedar St New York City Edgar Dunlap Atlanta Attorney for Service in Georgia ICapital 2 Amount of ledger assets as per balance December 31 of previous year 3356970 47 4 Extended at 3356970 47 IIIncome 5 Gross premiums 3543892 00 6 Deduct gross amount paid for reinsurance fire 53414365 return premiums 513 47804 total 1047621 69 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 306668 accrued interest on bonds acquired during 1910 110928 03 12 Gross interest on deposits in trust com panies and banks 3 133 40 14 Philadelphia Underwriters Association de posit 6 20 2496270 31 17 Total gross interest and rents 24 Received from home office 25 From agents balances previously charged off 27 Gross increase by adjustment in book value of ledger assets viz Bonds 114097 83 21769 03 20 00 1675 00 28 Total income 2633831 97 TTIDisbursements 1 Gross amount paid policyholders for losses including 20424272 occurring in pre vious years i504782 65 2 Deduct amount received for salvage fire 2819449 reinsurance fire 224 26166 discount fire 86963 total 253325 78 3 Net amount paid policyholders for losses 1 251 456 87 44136 40 487502 88 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency ex penses 11040 04CompteollebGeneeals Repoet 253 7 Salaries 7834211 and expenses 3846658 of special i 116808 69 and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 137187 85 22452 21 9 Rents 10 Advertising 259121 printing and stationery 23 24550 total 25836 71 11 Postage telegrams telephone and express 16382 96 12 Legal expenses 13 Furniture and fixtures 14 Maps including corrections 6504 58 15 Underwriters boards and tariff associations 24879 83 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 26168 09 17 Inspections and surveys 20 State taxes on premiums 44892 21 Insurance department licenses and fees 9734 66 22 All other licenses fees and taxes viz Local taxes 8 33068 advertising required by law 82552 total V56 20 23 Other disbursements viz Sundries 855861 exchange 244243 remitted to home office 2765095 total 38651 99 37 Agents balances charged off 532 06 39 Gross decrease by adjustment in book value of ledger assets viz Bonds 65087 50 40 Total disbursements 2360642 94 IVLedger Assets 4 Book value of bonds 301324875 and stocks 233600 total 3015584 75 5 Cash in companys office 838 06 6 Deposits in trust companies and banks not on interest 1522 70 7 Deposits in trust companies and banks on interest 163192 04 8 Agents balances representing business written subse quent to October 1 1910 444221 68 9 Agents balances representing business written prior to October 1 1910 3516 94 12 Other ledger assets viz Accrued interest on bonds 1 0S3 33 Philadelphia Underwriters deposit 20000 total W 33 16 Total ledger assets 3630159 50 NonLedger Assets 18 Interest due 3147375 and accrued 1251003 on bonds 43983 78 i 70S 92 28 Reinurance due on losses paid Ju 30 Gross assets 3675851 50254 ComptrollerGenerals Repokt Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 3516 94 40 Total admitted assets 3672 334 56 VLiabilities 1 Gross losses adjusted and unpaid not yet due 39294 00 2 Gross claims for losses in process of ad justment or in suspense including all reported aud supposed losses 194623 00 3 Gross claims for losses resisted 26810 00 4 Total 260727 00 5 Deduct reinsurance due or accrued 38291 00 6 Net amount of unpaid losses and claims 222 436 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 including interest premiums on perpetual fire risks 1 65948867 unearned premiums fifty Per ent 829744 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 224076712 unearned premiums pro rata 1198063 93 11 Excess of original premiums over amount received for reinsurance 77110 un earned premiums pro rata 440 38 12 Total unearned premiums as computed above 2028 248 64 19 Salaries rents expenses bills accounts fees etc due and accrued ope rR 20 State county and municipal taxes due and accrued 28 000 00 22 Reinsurance premiums 45 164 89 27 Total amount of all liabilities except capital 2 324 145 59 29 Surplus over all liabilities l348188 97 31 Total liabilities 3672334 56 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 432615157 00 4489441 45ComptrollebGteneeals Repobt 255 2 Written or renewed during the year 346212740 00 3543892 00 3 Total 778827897 00 8033333 45 i Deduct those expired and marked off 314106595 00 3332800 46 5 In force at the end of year464721302 00 4700532 99 6 Deduct amount reinsured 86341508 00 800277 20 7 Net amount in force 378379794 00 3900255 79 Business in the State of Georgia During the Year Fire risks written 2768129 00 Premiums received gross 2711 Losses paid Losses incurred 9332 31 9661 31 THE PHOENIX FIRE INSURANCE COMPANY OF HARTFORD CONN D W C Skilton President Thomas C Temple Secretary Home Office 783 Main Street Hartford Conn Cliff C Hatcher Atlanta Attorney for Service in Georgia ICapital 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance December 31 of previous year 8743937 19 4 Extended at 8743937 19 IIIncome 5 Gross premiums 6738312 45 6 Deduct gross amount paid for reinsurance 81391329 return premiums 897 23002 total 1711143 31 7 Total premiums other than perpetual 5027169 14 9 Gross interest on mortgage loans 2604 8 10 Gross interest on collateral loans 11 Gross interest on bonds and dividends on stocks less 807499 accrued interest on bonds acquired during 1910 12 Gross interest on deposits in trust com panies and banks 13951 56 751 56 372492 78256 CompteollebGeneral s Report 13 Gross interest from all other sources on agents balances 231 03 14 Gross rents from companys property 13189 50 15 Total gross interest and rents 403221 29 25 From agents balances previously charged off 5 00 26 Gross profit on sale or maturity of ledger assets viz Real estate 37157 stocks 480000 total 5171 57 27 Gross increase by adjustment in book value of ledger assets viz Bonds 325 stocks 498000 total 4983 25 28 Total income 5440550 25 IIIDisbursements 1 Gross amount paid policyholders for losses including 41060939 occurring in pre vious years 2 Deduct amount received for salvage 27 11283 reinsurance 32691109 dis count 296068 total 2630437 76 356984 60 4 5 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 34 Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 25009012 and expenses 15366148 of special and general agents and branch office employees Salaries fees and all other charges of officers directors trustees and home office employees Eents Advertising 638480 printing and stationery 41 02947 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 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 Other disbursements miscellaneous expenses Income tax Paid stockholders for interest or dividends the amount declared during the year 28000000 paid stockhold ers tax QSeoOO total 32067 89 963976 66 403751 60 129610 97 20404 83 47414 27 41143 66 3415 57 3870 86 13006 48 61140 79 15515 62 17217 81 12488 96 1767 99 99656 24 20073 17 23463 17 2226 11 7408 28 329360 00ComptrollerGeneral s Report 257 37 Agents balances charged off 132 40 39 Gross decrease by adjustment in book value of ledger assets viz Bonds 751625 stocks 4687242 total 54388 67 40 Total disbursements 4576955 16 IVLedger Assets 1 Book value of real estate 130091 14 2 Mortgage loans on real estate first liens 5035000 3 Loans secured by pledge of bonds stocks or other collaterals 14200 00 4 Book value of bonds 532231624 and stocks 254992515 total 7872241 39 5 Cash in companys office 13575 32 6 Deposits in trust companies and banks not on interest 77777 80 7 Deposits in trust companies and banks on interest 646464 08 8 Agents balances representing business written subsequent to Oetober 1 1910 790644 39 9 Agents balances representing business written prior to October 1 1910 12188 16 16 Total ledger assets 9607532 28 NonLedger Assets 17 Interest due 12300 and accrued 1 6800 on mortgages 1291 00 18 Interest due 225000 and accrued 77 47851 on bonds 79728 51 19 Interest accrued on collateral loans 373 40 20 Interest accrued on other assets 5090 00 21 Bents accrued on companys property or lease 1231 58 22 Total 87714 49 23 Market value of real estate over book value 10922 24 24 Market value not including interest in item 18 of bonds and stocks over book value 988335 86 26 Foreign premiums in course of collection which have not been carried to ledger account gross 7200000 less expenses and commissions 2160000 50400 00 27 Beinsurance due from other Companies on losses paid 4940 61 28 Gross assets 10749845 48258 ComptrollerGeneral s Report Assets Not Admitted 32 Agents Balances representing business written prior to October 1 1910 12188 16 38 Total admitted assets 10737657 32 VLiabilities 1 Gross losses adjust 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 and accrued 167089 60 477958 57 40033 72 685081 89 103021 83 6 Net amount of unpaid losses and claims 582060 06 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 3250 98333 unearned premiums fifty per cent 1625491 67 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 511752657 unearned premiums pro rata 2699974 34 12 Total unearned premiums as computed above 4325466 01 19 Salaries rents expenses bills fees etc due or aeerued 20000 00 20 State county and municipal taxes due or accrued 155000 00 27 Total amount of all liabilities except capital 5082526 07 28 Capital actually paid up in cash 2000000 00 29 Surplus over all liabilities 3655131 25 30 Surplus as regards policyholders 5655131 25 31 Total liabilities 10737657 32 VIRisks and Premiums FiTe Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 869271425 00 9028483 69 2 Written or renewed during the year 734809715 00 6810312 45 3 Total 1604081140 00 15838796 14 ComptrollerGenerals Report 259 4 Deduct those expired and marked off as terminated 670568379 00 6571921 59 5 In force at the end of the year933512761 00 9266874 55 6 Deduct amount reinsured 85498363 00 898364 65 7 Net amount in force 848014398 00 8368509 90 Business in the State of Georgia During the Year Net risks written 11218381 00 Net premiums received 85502 37 Net losses paid 48780 46 Net losses incurred 54516 85 PROVIDENCE WASHINGTON INSURANCE CO OF PROVIDENCE R L rf J B Branch President A G Beale Secretary Principal Office 20 Market Square Providence R I Edwin Haas Atlanta Attorney for Service in Georgia ICapital Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 2988005 50 12 Cash in company s principal office 1168 51 13 Cash belonging to the company deposited in banks viz Blackstone Canal Na tional Bank Providence 8330657 In dustrial Trust Co Providence 50 00000 National Iark Bank New York 2513475 Continental Commercial Na tional Bank Chicago 1135199 Wells Fargo Nevada National Bank San Fran cisco 255782 Brown Shipley Co Lon don 1512199 total 187473 12 Total cash items 188641 63 15 Interest due and accrued on stocks not included in mar ket value uncollected 19721 22 17 Cash in hands of agents and in course of transmission 469006 79 18 Bill receivable not matured taken for fire marine and inland risks 27750 37 Total assets of the company actual cash market value 3693125 51260 ComptbolleeGeneeals Repoet IIILiabilities 1 Losses due and unpaid 54662 44 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 289777 41 3 Losses resisted including interest costs and other expenses thereon 14322 87 4 Total gross amount of claims for losses 358762 72 5 Deduct reinsurance thereon 71734 23 6 Net amount of unpaid losses 287028 49 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 151764689 un earned premiums fifty per cent 758823 44 8 Gross premiums without any deduction re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 205520763 unearned premiums pro rata 1086406 09 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired inland navigation and marine risks 212354 52 10 Gross premiums without any deduction received and receivable upon all unex pired marine risks 56671 15 11 Total unearned premiums as computed above carried out 2114255 20 19 All other demands against the company absolute and contingent due and to become due admitted and con tested 50000 00 21 Total amount of all liabilities except capital stock scrip and net surplus 2451283 69 21 Joint stock capital actually paid up in cash 500000 00 22 Scrip outstanding 741 34 g2 24 Total amount of all liabilities including capital paid up and net surplus 3693125 51 IVIncome During the Year Fire Risks Marine Inland 1 Net premiums and bills in course of collection atComptrollerGenerals Report 261 close of last previous year as shown by that years statement 2 Deduct amount of same not collected 327426 72 119901 82 480 00 3 Net collected 4 Gross premiums on risks written and renewed during the year as shown in risk and pre mium exhibit 326946 72 119901 82 3201253 37 1140604 5 Total 3528200 09 1260506 71 6 Deduct premiums and bills in course of collection at this date 359264 98 138154 36 7 Entire premiums collected during the year 3168935 11 1122352 35 8 Deduct reinsurance and re turn premiums 983892 82 352636 67 9 Net cash actually received for premiums carried out 2185042 29 769715 68 2954757 97 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 120710 72 12 Income received from all other sources omitting increase if any in value of securities viz Sale of Fourth Na tional Bank New York rights 337 50 15 Aggregate amount of income actually received during the year in cash 3075806 19 Fire Risks Marine Inland 1 Gross amount actually paid for losses includ ing 32595269 losses oc curring in previous years 1567486 63 684883 85 2 Deduct all amounts ac tually received for sal vages whether on losses of the last or of previous year 3940521 and all amounts actually re ceived for reinsurance in other companies 497 04221 total deductions 317476 82 218970 60262 CoMPTBOLLEEGrENEEAL s EePOET Net amount paid during the year for losses 1250009 81 465913 25 1715923 06 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 50000 00 6 Paid for commissions or brokerage 601675 32 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 229334 94 8 Paid for State National and local taxes in this and other States 86940 51 9 All other payments and expenditures 129447 14 Aggregate amount of actual expenditures during the year in cash 2813320 97 Business in the State of Georgia During the Year Fire Bisks Marine Inland Aggregate Fire marine and inland risks written 3624805 00 1487996 00 511280100 Premiums received gross 27104 72 15696 14 42800 86 Losses paid 20984 24 4828 50 25812 74 Losses incurred 22326 52 15747 58 38074 10 QUEEN INSUBANCE COMPANY OF AMERICA NEW YOBK Edward F Bedall President N 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 TIAssets 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 34500 00 5 Value of buildings mortgaged insured for 7500000 as collateral 75000 00 65000 00 1405 13 6 Total value of said mortgaged premises carried inside 109500 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 7776444 58ComptrollerGeneral s Beport 263 12 Gash in companys principal office 8861 74 13 Cash belonging to company deposited in banks viz Farmers Loan Trust Co New York 255619 70 Corn Ex change Bank New York 30444 79 Central Trust Co Chicago 111 29 20490 Atlanta National Bank Atlanta Ga 448571 First National Bank San Francisco CaL 864340 Dominion Bank Montreal Can 1859731 Royal Bank of Canada Halifax 671234 totals 353708 15 Total cash items 362569 89 15 Interest due and accrued on bonds not included in mar ket value uncollected 69385 27 16 Interest due and accrued on bank balances and uncol lected 1158 38 17 Cash in hands of agents and in course of transmission 749175 65 18 Bill receivable not matured taken on fire risks 157 50 Due from other companies for reinsurance on losses already paid 591 88 Total assets of the company actual cash market value 9025888 86 IIILiabilities 1 Losses not due and unpaid 109662 28 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 298018 60 3 Losses resisted including interest costs and other expenses thereon 54532 00 4 Total gross amount of claims for losses 462212 88 5 Deduct reinsurance thereon 40903 55 6 Net amount of unpaid losses 421309 33 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 308249932 un earned premiums fifty per cent 1541249 66 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 457535583 unearned premiums pro rata 2464095 57 9 Gross premiums without deduction in 264 ComptrollerGenerals Report chiding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 2246 20 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 2364 03 11 Total unearned premiums as computed above carried out 4009955 46 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 26234 90 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Accrued taxes 7889446 commissions 696289 return premiums 623471 reinsurance premiums 52 95420 pension obligations 3421800 total 179264 26 20 Total amount of all liabilities except eapital stock and net surplus 4636763 95 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capita and all other liabilities 3389124 91 24 Aggregate amount of all liabilities including capital paid up and net surplus 9025888 86 IVIncome During the Year 4 Gross premiums on risks written and renewed during the year as shown in risk and pre mium exhibit 6029690 07 23236 25 8 Deduct reinsurance and return premiums 1420665 09 734 62 9 Net cash actually received for premiums carried out 4609024 98 22501 63 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 Gain on sale of stocks and bonds 655265 received from agents bal ances previously charged off 3251 total 4631526 61 2950 00 307368 31 6585 16 15 Aggregate amount of income actually received during the year in cash 4948430 08i ComptrollerGeneral s Report 265 1 Gross amount actually paid for losses in cluding 30186316 losses occurring in previous years 2543033 68 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 3290253 and all amounts actually received for rein surance in other companies 22306999 discount 126095 total deductions 257233 47 Net amount paid during the year for losses 2285800 21 3 Expenses of adjustment and settlement of losses 53168 57 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 300000 00 6 Paid for commissions or brokerage 849055 33 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 389788 66 8 Paid for State National and local taxes in this and other States 109724 77 9 All other payments and expenditures viz Agency ex penses 2856394 special agents expenses 6410303 rents 3676515 advertising 2009887 printing and stationery 3251189 postage telegraph and express 3009984 legal expenses 177357 furniture and fix tures 1109466 maps and corrections 1240712 un derwriters boards 5159240 fire departments and fire patrol 2620096 inspections and surveys 1958030 miscellaneous expenses at head and branch offices 25 43211 total 360223 84 10 Agents balances charged off 86815 loss on redemption bonds 30063 written off book value stocks and bonds 655265 total 7721 43 Aggregate amount of actual expenditures during the year in cash 4355482 81 Business in the State of Georgia During the Year Fire risks written 7275807 00 Premiums received gross 135001 07 Losses paid 65961 56 Losse incurred 58681 56 ROCHESTER GERMAN FIRE INS CO OF ROCHESTER N Y Albrecht Vogt President Edward E Paschall Secretary Principal Office 19 Main St West Rochester N Y A L Brooks Atlanta Attorney for Service in Georgia ICapital I 1 Whole amount of capita stock 500000 00 266 COMPTBOLLEKGrBNEEAL s EEPOBT IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 793135 67 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 233665 00 3 Interest due on all said bond and mortgage loans 3 42563 interest accrued thereon 1066055 total 14086 18 4 Value of lands mortgaged exclusive of buildings and perishable improvements 236025 00 5 Value of buildings mortgaged insured for 27765000 as collateral 313700 00 6 Total value of said mortgaged premises carried inside 549725 00 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 1053297 50 12 Cash in companys principal office 13 Cash belonging to the company deposited in banks viz Imperial Bank of Can ada 1491310 First National Bank of Chicago 3819934 Lincoln National Bank of Rochester 24620427 total 1329 72 299316 71 Total cash items 300646 43 17 Cash in hands of agents and in course of transmission 240686 15 All other assets both real and personal viz Rents due and accrued 1905 65 Profit local agency earned paid in Jaunary 5676 02 Total assets of the company actual cash market value 2643098 60 TITLiabilities 1 Losses due and unpaid 17494 53 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 169109 30 3 Losses resisted including interest costs and other expenses thereon 24868 00 4 Total gross amount of claims for losses 211471 83 5 Deduct reinsurance thereon 50858 48 6 Net amount of unpaid losses 160613 35 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 102012854 un earned premiums fifty per cent 510064 27 ComptrollerGenerals Report 267 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 154725914 unearned premiums pro rata 853007 11 11 16 19 20 21 23 24 Total unearned premiums as computed above carried out Cash dividends to stockholders remaining unpaid All other demands against the company absolute and con tingent due and to become due admitted and con tested viz State county and municipal taxes due or accrued Total amount of all liabilities except capital stock scrip and net surplus Jpint stock capital actually paid up in cash Surplus beyond capital and all other liabilities 1363071 38 15000 00 17500 00 1556184 73 500000 00 586913 87 Aggregate amount of all liabilities including capital paid up and net surplus 2643098 60 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 223971 29 Net collected 223971 29 Gross premiums on risks written and re newed during the year 2385015 45 Total 2608986 74 Deduct premiums and bills in course of collection at this date 240686 15 7 Entire premiums collected during the year in cash 2368300 59 8 Deduct reinsurance and return premiums 800120 10 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 7502450 profit sale of bonds 50000 profit local agency 9 15652 received on reinsurance contract previously charged to profit and loss 307501 agents balances previously charged off 809 total 1568180 49 10343 95 64840 50 87764 13268 CoMPIEOLLERGrENEEAL S REPORT 15 Aggregate amount of income actually received during the year in cash 1731129 07 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 13801773 losses occurring in previous years 1071381 17 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1334806 and all amounts actually received for reinsur ance in other companies 24793341 discount 79422 total deductions 262075 69 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 Loss on sale of real estate 49713 loss on sale of bonds 166250 agents balances charged off 429543 adjustment of losses 1695110 rents 934390 advertising printing and stationery 1614724 postage telegrams telephone and express 1279625 legal expenses 316531 furni ture and fixtures 409621 maps including corrections 358413 underwriters boards and tariff associations 2504167 inspections and surveys 120017 repairs and expenses on real estate 4314207 insurance de partment licenses and fees 964468 miscellaneous ex penses 251343 total 809305 48 70000 00 384055 46 151845 27 61930 56 154081 22 Aggregate amount of actual expenditures during the year in cash 163121 7 99 VTRisks and Premiums Fire Risks Marine Inland 3 In force on the 31st day of December as per line 5 under this heading in lust years statement 242222822 00 2 Written or renewed during the year 197163751 00 Aggregate 2840897 11 2385015 45 3 Ttal439386633 00 5225912 56ComptrollerGenerals Report 269 4 Deduct those expired and marked off as terminated 171167637 00 2140857 45 5 In force at the end of the year268218996 00 3085055 11 6 Deduct amount reinsured 39832054 00 517667 43 7 Net amount in force228386942 00 2567387 68 Business in the State of Georgia During the Year Fire risks written 1853354 00 Premiums received gross 29914 59 Losses paid 16350 91 Losses incurred 16988 10 UNITED STATES BRANCH OF THE ROYAL INSURANCE COMPANY LTD OF LONDON ENGLAND Edward Fitch Beddall General Attorney for the United States Principal Office in U S Royal Insurance Bldg 84 William St N Y City Milton Dargan Atlanta Attorney for Service in Georgia I ICapital Deposit capital fire 220000 00 Deposit capital marine 230000 00 1 Whole amount of capital stock 450000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 4174899 61 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 403100 00 3 Interest due on all said bond and mortgage loans 5500 interest accrued thereon 775186 total 7806 86 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 5150574 75 12 Cash in companys principal offices 1572 53 13 Cash belonging to the company deposited in banks 379291 67 Total cash items 380864 20 15 Interest due and accrued on bonds not included in mar ket value uncollected 61136 25 17 Cash in hands of agents and in course of transmission 1285593 75 270 ComptrollerGeneral s Report All other assets both real and personal viz Rents due and accrued 16060 30 due from other companies for reinsurance on losses already paid 5451934 total 70579 64 Total asset of the company actual cash market value 11534555 06 IIILiabilities 1 Losses due and unpaid 104117 10 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 708465 91 3 Losses resisted including interest costs and other expenses thereon 114042 88 4 Total gross amount of claims for losses 926625 89 5 Deduct reinsurance thereon 191677 13 6 Net amount of unpaid losses 734948 76 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 436939280 un earned premiums fifty per cent 2184696 40 8 Gross premiums without any deduction received and receivable upon all unex pired five risks running more than one year from date of policy 979118926 unearned premiums pro rata 5086553 70 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 145 33161 unearned premiums fifty per cent 72665 80 10 Gross premiums without any deduction received and receivable on all unexpired marine risks 1996 47 Excess of original premiums over amount received for reinsurance 16009724 unearned premiums pro rata 34721 92 11 Total unearned premiums as computed above carried out 7380634 29 12 Net premiums reserve and all other liabilities except cap ital under the life insurance or any other special de partment 90475 00 13 Amount reclaimable by the insured on perpetual fire in surance policies being 8595 per cent of the premiums or deposit received 95102 97ComptrollerGenerals Report 271 17 19 20 21 23 24 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 47231 00 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz State county and municipal taxes includ ing Federal corporation tax 18075417 commissions and brokerage 1898895 return premiums 2386658 reinsurance premiums 11051430 total 334124 00 Total amount of all liabilities except capital stock scrip and net surplus 8682516 02 Deposit capital 450000 00 Surplus beyond capital and all other liabilities 2402039 04 Aggregate amount of all liabilities including capital paid up and net surplus 11534555 06 IVIncome During the Year Gross premiums on risks written and renewed during the year 10755076 83 Deduct reinsurance and return premiums 3305408 50 223664 72 25835 65 Net cash actually received for premiums carried out 7449668 33 197829 07 7647497 40 10 11 12 14 15 Received for interest on bonds and mortgages Received for interest and dividends on stocks and bonds collateral loans and from all other sources Income received from all other sources omitting increase if any in value of securities viz Rents 15344183 deposit premiums written on perpetual risks gross 166 total Amount of remittances from home office during the year 23867 03 216097 61 153443 49 236115 93 Aggregate amount of income actually received during the year in cash 8277021 46 VExpenditures During the Year Gross amount actually paid for losses includ ing 50088746 losses oc eurring in previous years 4263797 39 57638 35 Deduct all amounts ac tually received for sal vages whether on losses272 CoMPTROLLERGrEXERAL S REPORT of the last or of previous year 4776940 and all amounts actually re ceived for reinsurance in other companies 708 76914 discount 38130 total deductions 756323 73 596 11 Net amount paid during the year for losses 3507473 66 57042 24 3 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 Deposit premiums on perpetual policies returned 9 All other payments and expenditures viz Bents adver tising printing and stationery furniture and fixtures maps and corrections inspections and surveys and gen eral office expenses 3564515 90 85307 12 1338009 27 809013 01 239843 42 2678 00 474858 00 Total 10 Amount sent to home office during the year 6514224 72 1465156 79 Aggregate amount of actual expenditures during the year in cash 7979381 51 VTRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 1551458091 00 16435129 08 2 Written or renewed during the year 1011350745 00 10755076 83 3 Total 2562808836 00 27190205 91 4 Deduct those expired and marked off as terminated 970117328 00 10546830 41 5 In force at the end of the year1592691508 00 16643375 50 6 Deduct amount reinsured 214295195 00 2482793 44 7 Net amount in force December 31 1910 1378396313 00 14160582 06 8 Perpetual risks not included above 5041127 deposit premiums on same 10920482 ComptbollebGcenebals Eepoet Business in the State of Georgia During the Year 273 Fire risks written 7735412 41 Premiums received gross 99474 9 T 53958 60 Losses paid uuuu j 70188 60 Losses incurred BOYAL EXCHANGE ASSURANCE CORPORATION OF LONDON ENGLAND Uberto C Crosby General Manager Principal Office in United States 92 William St New York City A L Brooks Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of deposit capital 200Q00 00 2 Amount paid up in cash 200000 00 HAssets Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 1892165 00 12 Cash in companys principal office 75 00 13 Cash belonging to the company deposited in banks viz Hanover National Bank New York 56269 95 Palmetto Na tional Bank Columbia S C 67789 total 56947 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 Balance due from other companies on account for reinsurance 57022 84 23146 89 254869 10 572 62 Total assets of the company actual cash market value 2227776 43 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses I 3 Losses resisted including interest costs and other expenses thereon 164442 89 36996 00 4 Total gross amount of claims for losses 201438 89274 ComptrollerGeneral s Report 5 Deduct reinsurance thereon 54316 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 93620375 un earned premiums fifty per cent 468101 87 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 144966617 unearned premiums pro rata 789252 55 Gross premiums without any deduction including both cash and bills received and receivable upon all unexpired in land navigation and marine risks 45606 unearned premiums fifty per cent 228 03 Excess of original premiums over amount received for reinsurance unearned pre mium 2572 04 147122 89 9 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 State taxes due or accrued 2695000 contingent liability for unreported and supposed losses 1000000 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 24 Aggregate amount of all liabilities including capital paid up and net surplus 1 Gross premiums and bills in course of collection at at close of last previous year as shown by that years statement 239115 92 1260154 49 9992 97 36950 00 1454220 35 200000 00 573556 08 2227776 4 3 Net collected 239115 92 4 Gross premiums on risks v i t t e n and renewedComptrollerGenerals Report 275 during the year as shown in risk and pre mium exhibit 2304272 90 14450 90 5 Total 2543388 82 14450 90 6 Deduct premiums and bills in oours of collection at this date 253090 67 1778 43 7 Entire premiums collected during the year 2290298 15 12672 47 8 Deduct reinsurance and return premiums 884940 62 3628 23 9 Net cash actually received for premiums carried out 1405357 53 9004 24 10 Received for interest on bonds 11 Received for interest on bank deposits 12 Income received from all other sources omitting increase if any in value of securities viz From agents bal ances previously charged off 14 Amount of remittances to home office during the year 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses includ ing 11760665 losses oc curring in previous years 2 Deduct all amounts ac tually received for sal vages whether on losses of the last or of previous year 1327926 and all amounts actually re ceived for reinsurance in other companies 192 34115 total deductions Net amount paid during 1414401 77 79798 50 430 18 50 00 4702 99 943340 95 10511 56 205188 50 43191 the year for losses 738152 45 10079 65 748232 10 Adjustment expenses 16162 80 Paid for commissions or brokerage 331995 33 Paid for salaries fees and other charges of officers clerks agents and all other employees at home office 72450 22 276 ComptrollerGenerals Report 8 Paid for State National and local taxes in this and other States including statutory fees 59604 45 9 All other payments and expenditures viz Rent 8 07000 advertising and stationery 949902 postage etc 1020584 legal expenses 148109 furniture and fixtures 32320 maps 420529 inspection 2302280 special agents salary and expenses 6550865 miscel laneous 947095 total 131786 84 10 Amount sent to home office during the year 137527 27 Aggregate amount of actual expenditures during the year in cash 1497759 01 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement279418100 00 2884511 11 2 Written or renewed during the year 219195503 00 2304272 90 3 Total 498613603 00 5188784 01 4 Deduct those expired and marked off as terminated 208393833 00 2214033 40 5 In force at the end of the year 290219770 00 2974750 61 6 Deduct amount reinsured 61429536 00 588880 69 7 Net in force 228790234 00 2385869 92 Business in the State of Georgia During the Year Fire Risks Marine Inland Aggregate Fire marine and inland risks written 1656677 00 266839 00 1923516 00 Premiums received gross 26226 69 73 20 26299 89 Losse paid 7939 81 Losses incurred 8 669 8g SAVANNAH FTRE INSURANCE COMPANY OF SAVANNAH GA Mills P Lane President Wm F Train Secretarv Principal Office Savannah Ga TCapital 1 Whole amount of capital stock 100000 00 2 SrPhs 5o00 00 Capital stock and surplus paid in cash 150000 00ComptrollerGenerals Eepoet 277 IIAssets 13 Gash belonging to the company deposited in bank viz The Citizens Southern Bank 149525 00 VExpenditures During the Year 9 All payments and expenditures viz Secretary of State of Georgia for certificate of incorporation 10000 to Messrs W L Pritchard and A A Artley appraisers 7500 for the insurance map of the city of Savannah 20000 total 475 00 SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OF EDINBURGH SCOTLAND James H Brewster United States Manager Principal Office in United States 36 Pearl St Hartford Conn W R Hoyt Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital on deposit 200000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 41926 55 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 2525 00 3 Interest accrued on all said bond and mortgage loans 5244 80 4 Value of lands mortgaged exclusive of buildings and perishable improvements 272800 00 5 Value of buildings mortgaged insured for 42650000 as collateral 554600 00 6 Total value of said mortgaged premises carried inside 827400 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 4339721 25 13 Cash belonging to the company deposited in banks viz Aetna National Bank Hartford Ct 14288 30 Na tional Exchange Hartford Ct 9930244 Lake Shore Banking Trust Co Cleveland O 500000 Union Savings and Loan Co Cleveland O 1000000 First National Bank San Francisco Cal 167244 total 130263 18 15 Interest due and accrued on bonds not included in mar ket value uncollected 65207 45 17 Cash in hands of agents and in course of transmission 365183 34 Total asset of the company actual cash market value 5260071 57278 ComptrollerGenerals Report IIILiabilities 1 Losses due and unpaid 101585 58 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 185171 00 3 Losses resisted including interest costs and other expenses thereon 20205 00 4 Total gross amount of claims for losses 306961 58 5 Deduct reinsurance thereon 77767 04 6 Net amount of unpaid losses 229194 54 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 140262024 un earned premiums fifty per cent 701310 12 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 222044858 unearned premiums pro rata 1196397 14 11 Total unearned premiums as computed carried out 1897707 26 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 10000 00 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz State county and municipal taxes due and ac enied 30000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 2166901 80 21 Capital deposit 200000 00 23 Surplus beyond capital and all other liabilities 2893169 77 24 Aggregate amount of all liabilities including capital paid up and net surplus 5260071 57 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 343743 34 3 Net collected 343743 34 4 Gross premiums on risks written and re newed during the year 3490877 50 5 Total 3834620 84ComptrollerGenerals Report 279 6 Deduct premiums and bills in course of collection at this date 365183 34 7 Entire premiums collected during the year in cash 3469437 50 8 Deduct reinsurance and return premiums 1423325 32 9 Net cash actually received for premiums carried out 2046112 18 10 Received for interest on bonds and mortgages 18998 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 180361 91 12 Income received from all other sources omitting increase if any in value of securities viz Rents 391890 agents balances previously charged off 14362 gain in adjustment of real estate 449009 bonds 50000 totai 9052 61 14 Amount of remittances from home office during the year 67907 50 15 Aeeregate amount of income actually received during the l 2322432 92 year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 24318991 losses occurring in previous years 1427264 56 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1152557 and all amounts actually received for reinsur ance in other companies 37690373 total deductions 388429 30 Net amount paid during the year for losses 1038835 26 6 Paid for commissions or brokerage 447829 89 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 165704 02 8 Paid for State National and local taxes in this and other 84293 89 States 9 All other payments and expenditures 115575 37 AsLresate amount of actual expenditures during the year 1852238 43 in cash VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading last s statement 463780469 00 4576996 29280 ComptrollerGenerals Bepori 2 Written or renewed during the year 354706478 00 3490877 50 3 Total 8184S6947 00 8067873 79 4 Deduct those expired and marked off as terminated 328633098 00 3327556 05 5 In force at the end of the year489853849 00 4740317 74 6 Deduct amount reinsured 127342822 00 1117248 92 7 Net amount in force362511027 00 3623068 82 Business in the State of Georgia During the Year Fire risks written 3730020 00 Premiums received gross 43 737 2 Losses paid 22323 72 Losses incurred 24 gy 4 SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CONN John W Ailing President Victor Roth Secretary Principal Office Corner Elm and Church St New Haven Conn Dan B Harris Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 700 000 00 2 Amount paid up in cash 700000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 200000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 156200 00 3 Interest accrued on all said bond and mortgage loans 1939 77 4 Value of lands mortgaged exclusive of buildings and perishable improvements 146700 00 5 Value of buildings mortgaged insured for 16050000 as collateral 98620 00 6 Total value of said mortgaged premises carried inside 345320 00 Total par and market value of bonds and stocks owned absolutely by the company and carried out at market value 2329596 07 10 Amount loaned on stocks bonds and all other securities except mortgages hypothecated to the company as collateral security 77 450 00 ComptrollerGenerals Report 281 12 Cash in companys principal office 7207 69 13 Cash belonging to the company deposited in banks viz Yale National New Haven Conn 200588 City New Ha ven Conn 226063 New Haven County National New Haven Conn 7 0S763 Mechanics New Haven Conn 364354 Merchants National New Ha ven Conn 448843 National Trades men New Haven Conn 493928 Seeond National New Haven Conn 1938616 American Exchange Na tional New York N Y 601633 Third National Rockford HI 1283388 Peo ples Bank Trust Co Rockford HI 160300 total 64264 76 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmission agents balances 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 on losses already paid Cash in hands of special agent advances Cash deposited with Philadelphia Underwriters Assn Total assets of the company actual cash market value IIILiabilities 2 Gross losses in process of adjustment or or in suspense including all reported and supposed losses 217614 79 3 Losses resisted including interest costs and other expenses thereon 18942 59 4 Total gross amount of claims for losses 236557 38 5 Deduct reinsurance thereon 57608 14 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 91776035 un earned premiums fifty per cent 458880 17 71472 45 11727 82 454 84 258648 31 7713 82 1344 79 800 00 i 100 00 3117447 87 178949 24282 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 200326401 unearned premiums pro rata 1097960 54 11 Total unearned premiums as computed above carried out 1556840 71 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 39296 76 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Interest accrued on payments for new stock 2 36738 commission due or to become due agents 17641 reinsurance premiums 2669 total 2570 48 20 Total amount of all liabilities except capital stock scrip and net surplus 1777657 19 21 Joint stock capital actually paid up in cash 700000 00 23 Surplus beyond capital and all other liabilities 639790 68 24 Aggregate amount of all liabilities including capital paid up and net surplus 3117447 87 IVIncome During the Year 7 Entire premiums collected during the year in cash 2407481 58 8 Deduct reinsurance and return premiums 784667 11 9 Net eash 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 Profits on sale of stock 20000000 profit on sale of rights 6049 old premium notes 2810 borrowed money 4500000 profit on sale or maturity of ledger assets 64803 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Fire Risks Marine Inland 1 Gross amount actually paid for losses includ ing 14694561 losses oc curring in previous years 1622S14 47 5284 80 89342 98 3790 27 245736 53 1966969 05 966454 67 326 76ComptrollerGenerals Report 283 2 Deduct all amounts ac tually received for sal vages whether on losses of the last or of previous year 578727 and all amounts actually re ceived for reinsurance in other companies 185 67727 discount 1 29166 total deductions 192692 34 63 86 Net amount paid during the year for lasses 773762 33 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 262 90 774025 23 70000 00 362083 68 145518 28 68328 15 9 All other payments and ex penditures 185317 79 Aggregate amount of actual expenditures during the year 66 1605273 Id in cash VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as Der line 5 under this heading in 277 759 879 00 3101696 91 last years statement w 2 Written or renewed during the year 211638915 00 24074818 3 Tota 489398794 00 5509178 49 4 Deduct those expired and marked off olrnl1l asterminated 185070531 00 215061500 5 In force at the end of the year304328263 00 3358563 49 6 Deduct amount reinsured 34059967 00 437539JL3 7 Net amount in force270268296 00 2921024 36 Business m the State of Georgia During the Year Fire risks written Premiums received gross Losses paid Losses incurred 1863010 00 39889 35 11696 49 18971 72284 ComptrollerGenerals Report SOUTHERN MUTUAL FIRE INSURANCE CO OF ATHENS GA Billups Phinizy President A E Griffith Secretary Principal Office College Are and Clayton St Athens Ga Officers Attorneys for Service in Georgia ICapital Present market value of assets 1113007 61 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 265000 00 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 816170 00 13 Cash belonging to the company deposited in banks viz National Bank of Athens 582442 Georgia National Bank Athens 545236 total 11276 78 15 Interest due and accrued on stocks not included in mar ket value uneolleeted 15 262 50 17 Cash in hands of agents and in course of transmission 5298 33 Total assets of the company actual cash market value 1113007 61 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 4iao 27 6 Net amount of unpaid losses 4 190 27 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 35536953 un earned premiums fifty per cent 177684 76 11 Total unearned premiums as computed above carried 0lU 177684 76 15 Dividends declared and remaining unpaid or uncalled for dividend scrip outstanding 133 jyj yg 20 Total amount of all liabilities except capital stock scrip and net surplus 320046 73 23 Surplus beyond capital and all other liabilities 792 960 88 24 Aggregate amount of all liabilities including capital paid up and net surplus 1113007 61ComptrolleeGeneeals Repoet IVIncome During the Year 7 Entire premiums collected during the year 285 in cash 8 Deduct return premiums 361286 62 5917 09 9 Net cash actually received for premiums carried out 355369 53 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 32919 67 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 1488232 losses occurring in previous years 111760 25 Net amount paid during the year for losses 5 Scrip or certificates or profits redeemed in cash S Paid for commissions 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 Aggregate amount of actual expenditures during the year in cash 15535 69 403824 89 111760 25 201243 42 53304 52 19050 00 6015 94 3735 72 395109 85 VIRisks and Premiums Eire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 35942022 00 2 Written or renewed during 1910 38708531 00 355369 53 3 Total 74650553 00 4 Deduct those expired and marked off as terminated in 1910 37798006 00 5 In force at end of year 1910 36852547 00 7 Net amount in force 36852547 00286 ComptrollerGenerals Report Business in the State of Georgia During the Year Fire risks written 38708531 00 Premiums received gross 355369 53 Losses paid 111750 25 Losses incurred 101058 20 SOUTHERN STATES FIRE AND CASUALTY INSURANCE COMPANY OF BIRMINGHAM ALA D E Manasco President W W Haralson Secretary Principal Office BrownMarx Bldg Birmingham Ala W A Wright Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 365850 00 11Assets Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 269450 50 12 Ciash in companys principal office 300 13 13 Cash belonging to the company deposited in banks viz Jefferson County Sav ings Bank Birmingham Ala 3050056 Bank of Commerce Gulfport Miss 2 50000 certificates of deposit various banks 16927475 total 169274 75 Total cash items 202575 44 17 Cash in hands of agents and in course of transmission viz Fire department 1104175 casualty department 158679 total 12628 54 All other assets both veal and personal viz Sundry assets 187198 deposit Birmingham Railway Light Power Co 1000 commision advance 3000 due by fiscal agents 4808 interest accrued on certificates of deposit 210931 bonds 350750 total 7576 87 Total assets of the company actual cash market value 492231 35 IIILiabilities 1 Losses due and unpaid fire 655701 casualty 3865 total 6595 66 4 Total gross amount of claims for losses 6595 66 5 Deduct reinsurance thereon 3 334 00 6 Net amount of unpaid losses 3 261 66ComptrollerGenerals Report 287 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 1469016 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 755096 un earned premiums pro rata 10 Gross premiums without any deduction received and receivable upon all unex pired casualty risks 260650 unearned premiums fifty per cent 345 08 6408 61 1303 15 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 4 Gross premiums on risks written and re 15056 84 1628 77 19947 27 365850 00 106434 08 492231 35 newed during the year 34418 94 5 Total 6 Deduct premiums and bills in course of collection at this date 34418 94 11041 75 7 Entire premiums collected during the year in cash 8 Deduct reinsurance and return premiums 23377 19 10525 14 9 Net cash actually paid for premiums carried out 12 Income received from all other sources omitting increase if any in value of securities viz Net cash casualty premiums received 13 Eeceived for premium on stock 41136500 for increase capital 36585000 total 12852 05 1172 61 777215 00 15 Aggregate amount of income actually received during the year in cash 791239 fl288 ComptrollerGenerals Report VExpenditures During the Year Fire Risks Casualty 1 Gross amount actually paid for losses 4599 62 450 50 2 Deduct amount received for reinsurance in other com panies 1507 97 Net amount paid during the year for losses 3091 65 450 50 3541 70 VIRisks and Premiums Fire Risks Premiums Thereon 2 Written or renewed during 1910 1581066 00 34418 94 3 Total 1581066 00 34418 94 4 Deduct those expired and marked off as terminated in 1910 338549 00 6179 59 5 In force at end of year 1910 1242517 00 28239 35 6 Deduct the amount reinsured in other companies 355577 00 5998 23 7 Net amount in force 886940 00 22241 12 8 Greatest amount insured in any one risk fire 250000 casualty 1000000 SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF SPRINGFIELD MASS A W Damon President W j Mackay Secretary Home Office 195 State Street Springfield Mass James L Dickey Jr Attorney for Service in Georgia ICapital 1 Amount of capital paid up 111 cash 2000000 00 2 Amount of ledger assets December 31 of previous year 8923577 36 4 Extended at 8i923577 36 IIIncome 5 Gross premiums 7094456 92ComptrollerGeneral s Report 6 Deduct gross amount paid for reinsurance fire 86870683 return premiums 982 41578 total 1851122 61 289 7 Total premiums other than perpetual 9 Accrued interest on bonds acquired dur ing 1910 10 Gross interest on collateral loans 11 Accrued interest on bonds acquired dur ing 1910 12 Gross interest on deposits in trust com panies and banks 16 Gross rents from companys property in cluding 1500000 for companys occu pancy of its own buildings 5243334 31 37565 91 300 00 301530 65 7286 91 15000 00 17 Total gross interest and rents 18 From other sources Additions in 1910to Munich Rein surance Co fund 25 From agents balances previously charged off 20 Gross profit on sale or maturity of ledger assets viz Bonds 273900 stocks 150000 total 361683 47 2211 65 604 46 239 00 28 Total income 5612072 89 IIIDisbursements 1 Gross amount paid polieyholders for losses including 42124644 occurring in pre vious years 2 Deduct amount received for salvage 35 65772 reinsurance 48411776 dis count 36104 total deductions 3384047 88 520136 52 10 11 12 Net amount paid polieyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency ex penses Salaries 16758177 and expenses 10577602 of special and general agents Salaries fees and all other charges of officers directors Irnstees and home office employes Rents including 1500000 for companys occupancy of its own buildings Advertising 2342883 printing and stationery 60 74617 total Postage telegrams telephone and express Legal expenses 2863911 36 30497 37 37284 39 273357 79 285480 51 31900 08 84175 00 23684 40 9746 44290 ComptrollerGeneral s Eeport 13 Furniture and fixtures 6956 61 14 Maps including corrections 15361 67 15 Underwriters Boards and Tariff Associations 53141 72 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 34912 53 17 Inspections and surveys 34995 39 18 Repairs and expenses other than taxes on real estate 3277 64 19 Taxes on real estate 4447 70 20 State taxes on premiums 90812 50 21 Insurance department licenses and fees 22147 29 22 All other licenses tecs and taxes viz Massachusetts franchise tax 2844623 Federal corporation tax 4 74945 county and municipal taxes 1940036 total 52596 64 23 Other disbursements viz Sundry supply and incidental account 1011766 interest paid Munich Reinsurance Co per contract 914207 total 19259 73 34 Paid stockholders for interest or dividends amount de clared during the year 20000000 200000 00 37 Agents balances charged off 2380 72 40 Total disbursements 5203948 53 IVLedger Assets 1 Book value of real estate 300000 00 2 Mortgage loans on real estate 1317820 00 3 Loans secured by pledge of bonds stocks or other collateral 6000 00 4 Book value of bonds 1650818 81 and stocks 4i9203396 total 6342852 77 5 Cash in companys office 377 11 6 Deposits in trust companies and banks not on interest 368228 29 7 Deposits in trust companies and banks on interest 106679 64 8 Agents balances representing business written subsequent to October 1 1910 877761 69 9 Agents balances representing business written prior to October 1910 11982 22 16 Total ledger assets 9331701 72 NonLedger Assets 17 Interest accrued on mortgages 29284 10 18 Interest accrued on bonds 28392 03 19 Interest accrued on collateral loans 1500 00 24 Total 57826 13ComptrollerGkxerals Report 291 26 Market value not including interest in item 18 of bonds and stocks over book value 590597 23 30 Gross assets 9980125 08 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 11982 22 40 Total admitted assets 9968142 86 Liabilities 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 109903 01 413908 84 38250 55 4 Total 5 Deduct reinsurance due or accrued 562062 40 105992 20 6 Net amount of unpaid losses and claims 456070 20 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 3402 31773 unearned premiums fifty per cent 1701158 87 8 Gross premiums less reinsurance re ceived and receivable upon all unei pired fire risks running more than one year from date of policy 537663969 unearned premiums pro rata 2874320 07 12 Total unearned premiums as computed above 4575478 94 19 Salaries rents expenses bills accounts fees etc due or accrued 7713 32 20 State county or municipal taxes due or accrued 50000 00 24 All other liabilities viz Funds held for Munich Reinsur ance Company under treaty 231960 04 26 Interest accrued on above 4639 20 27 Total amount of all liabilities except capital 5325861 70292 ComptkollerGenebals Report 28 Capital actually paid up in cash 2000000 00 29 Surplus over all liabilities 2642281 16 30 Surplus as regards policy holders 4642281 16 81 Total liabilities 996S142 86 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 798452439 00 9341267 85 2 Writen or renewed during the year 589093632 00 7094456 92 3 Totai1387546071 00 16435724 77 4 Deduct those expired and marked off as terminated 540249089 00 6654190 87 5 In force at the end of the year847296982 00 9781533 90 6 Deduct amount reinsured 83442839 00 1002576 48 7 N et amount in force763854143 00 8778957 42 Business in the State of Georgia During the Year Fire risks written 4003700 00 Premiums received gross 71250 12 Losses paid 35619 00 Losses incurred 38678 77 ST PAUL FIRE AND MARINE INSURANCE CO OF ST PAUL MINN C H Bigelow President A W Perry Secretary Principal Office Corner 5th and Washington Sts St Paul Minn J L Riley Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 500000 00 2 Amount paid up in cash 500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 301677 97 2 Loans on bond and mortgage duly received and being first liens on the fee simple 573800 00ComptrollerGeneral s Report 293 3 Interest accrued on all said bond and mortgage loans 5356 41 4 Value of lands mortgaged exclusive of buildings and perishable improvements 384800 00 5 Value of buildings mortgaged insured for 68900000 as collateral 1091200 00 6 Total value of said mortgaged premises carried inside 1476000 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 5232284 00 12 Cash in companys principal office 3301 32 13 Cash belonging to the company and de posited in banks viz Merchants Na tional Bank National GermanAmerican Bank St Paul Astor Trust Co New York Roberts Lubbock Co Klein wort Sons Co Wendt Co London England 353283 41 Total cash items 356584 73 15 Interest due and accrued on stocks not included in mar ket value uncollected 38130 44 17 Cash in hands of agents and in course of transmission 498590 28 18 Bill receivable not matured taken for fire marine and inland risks 14262 64 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 15298 97 Return premiums 35 14 Total assets of the company actual cash market value 7036020 58 IIILiabilities 1 Losses due and unpaid 39766 21 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 337996 91 3 Loses resisted including interest costs and other expenses thereon 37970 00 4 Total gross amount of claims for losses 415733 12 5 Deduct reinsurance thereon 61872 18 6 Net amount of unpaid losses 353860 94 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 178943700 un earned premiums fifty per cent 894718 50 294 ComptrollerGenebal s Eepokt 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 539598270 unearned premiums pro rata 2904157 15 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 517 26088 unearned premiums fifty per cent 258630 44 11 Total unearned premiums as computed above carried out 4057506 09 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz State county and municipal taxes due or accrued 7500000 commissions brokerage and other charges due or to become due to agents and brokers 311215 total 78112 15 20 Total amount of all liabilities except capital stock scrip and net surplus 4489479 18 21 Joint capital stock paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 2046541 40 24 Aggregate amount of all liabilities including capital paid up and net surplus 7036020 58 IVIncome During the Year Fire Risks Marine Inland 4 Gross premiums on risks written and renewed during the year as shown in risk and pre mium exhibit 5023978 29 1616636 00 8 Deduct reinsurance and return premiums 1075332 01 549249 52 9 Net cash actually received for premiums carried out 3943646 00 1067386 48 5016032 76 10 Received for interest on bonds and mortgages 31962 16 11 Received for interest and ilividends on stocks and bonds collateral loans and from all other sources 220956 58ComptbollerGeneral s Report 295 12 Income received from all other sources omitting increase if any in value of securities viz Bents 2570690 from old balances 1000 on notes taken for premiums 370992 profit on sale of bonds 62500 profit on sale of real estate 24075 total 30292 57 15 Aggregate amount of income actually received during the year in cash 5299244 07 VExpenditures During tie Year Fire Risks Marine Inland 1 Gross amount actually paid for losses includ ing 26370412 losses oc curring in previous years 2262098 70 992721 38 2 Deduct all amounts ac tually received for sal vages whether on losses of the last or of previous year 7123254 and all amounts actually re ceived for reinsurance in other companies 563 59519 total deductions 244771 89 390055 84 Net amount paid during the year for losses 2017326 81 602665 54 2619992 35 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 60000 00 6 Paid for commissions or brokerage 1177735 44 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 254353 70 8 Paid for State National and local taxes in this and other States 150235 18 9 All other payments and expenditures 221224 02 Aggregate amount of actual expenditures during the year in cash 4483540 69 VIRisks and Premiums 1 In force on the 31st day of December 1910 as per line 5 under this head ing in last years statement550541026 00 2 Written or renewed during the year 365862894 00 7288769 66 5023978 29 3 Total 916403920 00 12312747 95296 ComptrollerGenekals Bepoht 4 Deduct those expired and marked off as terminated 315859975 00 4596420 66 5 In force at the end of the year600543945 00 7716327 29 6 Deduct amount reinsured 40586614 00 530907 59 7 Net amount in force559957331 00 7185419 70 Business in the State of Georgia During the Year Fire Risks Marine Inland Aggregate Fire marine and inland risks written 4517542 00 3327282 00 7844824 00 Premiums received gross 73949 78 18420 97 92370 75 Losses paid 38162 47 11946 59 50109 06 Losses incurred 38831 65 13946 59 52778 24 U S BRANCH SUN INSURANCE OFFICE OF LONDON ENGLAND J J Guile United States Manager Principal Office in United States 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 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 improvementsf 25000 00 5 Value of buildings mortgaged insured for 1000000 as collateral 17500 00 271000 00 25000 00 208 33 6 Total value of said mortgaged premises carried inside 42500 00 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 3260433 65 12 Cash in companys principal office 979 63 13 Cash belonging to the company deposited in banks viz Merchants National Bank 14218469 Bank of New York 14408345 National Bank of Com merce 395118 Mercantile Trust Co 182877 Continental and Commercial National Bank 2839584 total 320443 93 Total cash items 321423 56ComptrollerGenerals Report 297 15 Interest due and accrued on stocks and bonds not included in market value uncollected 42732 03 17 Cash in hands of agents and in course of transmission 445647 81 All other assets both real and personal viz Eents due and accrued 1316 6 Total assets of the company actual cash market value 4367762 05 tfli 0 IIILiabilities 1 Losses due and unpaid 77095 39 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 199678 00 3 Losses resisted including interest costs and other expenses thereon 10621 00 4 Total gross amount of claims for losses 287394 39 5 Deduct reinsurance thereon 42001 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 207958954 un earned premiums fifty per cent 1039794 77 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 324147994 unearned premiums pro rata 1711272 23 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz State county and municipal taxes accrued 61 01135 reinsurance premiums 2665747 total 245393 39 2751067 00 3956 93 87668 82 20 Total amount of all liabilities except capital stock scrip and net surplus 3088086 14 23 Surplus beyond capital and all other liabilities 1279675 91 24 Aggregate amount of all liabilities including capital paid up and net surplus 4367762 05 298 ComptrollerGeneral s Report IVIncome During the Year 4 Gross premiums on risks written and re newed during the year as shown in risk and premium exhibit 3877800 37 8 Deduct reinsurance and return premiums 827232 95 9 Net cash actually received for premiums carried out 3050567 42 10 Received for interest on bonds and mortgages 1250 00 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 141609 56 12 Income received from all other sources omitting increase if any in value of securities viz Rents 10493 75 Profit on sale of ledger assets 4817 84 14 Amount of remittances from home office during the year 6845 75 15 Aggregate amount of income actually received during the year in cash 3215584 32 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 222049113 losses occurring in previous years 1541354 68 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1490841 and all amounts actually received for reinsur ance in other companies 7912372 total deductions 94032 13 Net amount paid during the year for losses 1447322 55 6 Paid for commissions or brokerage 689182 09 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 218384 79 8 Paid for State National and local taxes in this and other States 78574 19 9 All other payments and expenditures viz Advertising printing stationery miscellaneous agency expenses fire department assessments inspections surveys fees etc 227914 64 10 Amount sent to home office during the year 390525 36 Aggregate amount of actual expenditures during the year in cash 3051903 62 ComptrollerGenerals Report 299 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 508347107 00 5396112 89 2 Written or renewed during the year 359376176 00 3877800 37 3 Total867723283 00 9273913 26 4 Deduct those expired and marked off as terminated 333423258 00 3652145 52 5 In force at the end of year534300025 00 5621767 74 6 Deduct amount reinsured 30071974 00 300698 26 7 Net amount in force504228051 00 5321069 48 Business in the State of Georgia During the Year Fire risks written 3533035 00 Premiums received gross 52203 53 Losses paid 30523 81 Losses incurred 29368 35 SUN INSURANCE COMPANY OF NEW ORLEANS LOUISIANA Chas Janvier President William P Maus Secretary Principal Office 308 Camp Street New Orleans La John A Whitner Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 500000 00 2 Amount paid up in cash 500000 00 11Assets 1 Market value of real estate owned by the company less the amount of incumbranees thereon 40000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 2650 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 20000 00 5 Value of buildings mortgaged insured for 400000 as collateral 7000 00 6 Total value of said mortgaged premises carried inside 27000 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 1115890 00300 ComptrollerGenerals Report 12 Cash in companys principal office 56 14 13 Cash belonging to tie company deposited in banks viz CanalLouisiana Bank Trust Co of New Orleans 919439 New Orleans National Bank of New Or leans 245762 Citizens Bank of Louis iana 20000 Hibernia Bank Trust Co of New Orleans 20000 Whitney Central Bank Trust Co 20000 Na tional City Bank of New York 25652 total 12508 53 Total cash items 2564 67 All other assets both real and personal viz Premiums in course of collection 5618397 less 65000 over three months due 55533 97 Total assets of the company actual cash market value 1226638 64 IIILiabilities 1 Losses adjusted and unpaid and not yet due 3582 69 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 68338 39 3 Losses resisted including interest costs and other expenses thereon 1837 50 4 Total gross amount of claims for losses 73758 58 5 Deduct reinsurance thereon 14691 00 6 Net amount of unpaid losses 59067 58 7 Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 42722512 un earned premiums fifty per cent 213612 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 51217589 unearned premiums pro rata 277169 70 11 Totnl unearned premiums as computed above carried out 490782 26 14 Amount of dividends declared but not yet due 25000 00 15 Dividends declared and remaining unpaid or uncalled for 530 00ComptrollerGenerals Report 301 18 Amount of borrowed money 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Reserve for taxes not yet due Eeserve for unpaid reinsurance 22500 00 1750 00 1481 36 20 Total amount of all liabilities except capital stock scrip and net surplus 60111120 21 Joint capital stock paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 125527 44 24 Aggregate amount of all liabilities including capital paid up and net surplus 1226638 64 IVIncome During the Year Fire Risks Marine Inland Gross premiums and bills in course of collection at close of last previous year as shown by that years statement i 63304 18 3 Net collected 4 Gross premiums on risks written and renewed during the year as shown in risk and pre mium exhibit 63304 18 986570 85 5 Total 1049875 03 6 Deduct premiums and bills in course of collection at this date 55533 97 29076 74 29076 74 7 Entire premiums collected during the year in cash 8 Deduct reinsurance and return premiums 994341 06 341632 84 29076 74 3987 46 9 Net cash actually received f o r premiums carried out 652708 22 25089 28 10 Received for interest on bonds and mortgages 11 deceived for interest and dividends on stocks and bonds collateral loans and from all other sources Income received from all other sources omitting increase if any in value of securities viz Rents 300000 bills payable 80000 profit and loss account 13247 total 12 677797 50 459 06 45499 00 83132 47 302 i oautbollebGenerals Repokt 15 Aggregate amount of income actually received during the year in cash 806888 03 VExpenditures During the Year Gross amount a c t u a 1 I y paid for losses includ ing 6349775 losses oc curring in previous years Deduct all amounts ac tually received for sal vages whether on losses of the last or of previous year 605375 and all amounts a ctuall y re ceived for reinsurance in other companies 75 79584 total deductions Fire Risks Marine Inland 427832 36 19351 99 78916 69 2932 90 Net amount paid during the year for losses 348915 67 16419 09 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 50 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 Advertising 195365 printing and stationery 509361 maps in cluding corrections 38782 inspections and surveys 47977 bills payable 11450000 exchange 76190 rents 300000 postage telegrams telephone and ex press 296868 general expenses or sundries 732442 Underwriters Boards and tariff associations 557639 fire department tiro patrol and salvage corps expenses 151294 insurance department licenses and fees 3 56121 subscriptions to trade journals 17925 sub scriptions and donations 35050 marine 18000 legal 50004 directors fees 93250 total Taxes on assets 204460 interest on bills payable 7 12193 total Aggregate amount of actual expenditures dnring the vear in cash 365334 76 50085 00 170583 31 42059 86 17528 59 149262 68 9166 53 804020 73ComptrollerGenerals Report VIEisks and Premiums 303 X 1 In force on the 31st day of December as per line 5 under this heading in last years statement 74916379 00 1080218 51 2 Written or renewed during the year 68373032 00 986570 85 3 Total143289411 00 2066789 36 4 Deduct those expired and marked off as terminated 64258226 00 952688 49 5 In force at end of year79031185 00 1114100 87 6 Deduct amount reinsured 10745532 00 174699 96 7 Net amount in force 68285653 00 939401 01 Business in the State of Georgia During the Year Fire Risks Premiums Thereon Fire risks written 2928165 98 Premiums received gross 54881 17 Losses paid 23471 75 Losses incurred 23981 75 SVEA FIRE AND LIFE INSURANCE COMPANY OF GOTHENBURG ENGLAND M L Duncan United States Manager Principal Office in United States 100 William Street New York City Dan B Harris Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital on deposit 210000 00 IIAssets Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 12 Cash in companys principal office 247 61 13 Cash belonging to the company deposited in banks viz New York Trust Co 6734847 Nassau Bank New York 1756833 Crocker National Bank San Francisco 1042699 total 95333 79 1111390 48 Total cash items 14 Amount of premium notes upon which policies have been issued farm risks 95591 40 38046 94304 ComptbollebGekeeals Repoei 17 Cash in hands of agents and in course of transmission agents balances 115222 07 All other assets both real and personal viz Bills re ceivable taken for agents balances over three months due 1853 44 Total assets of the company actual cash market value 1362104 33 NonLedger Assets Interest due and accrued on bonds 11721 27 Gross assets 1373825 60 Deduct Assets Not Admitted Agents balances over three months due 17085 53 Bills receivable past due taken for premiums farm risks 275 25 Bills receivable taken for agents balances over three months due 1853 44 Book value of ledger assets over market value bonds 40940 48 Total admitted assets 1313688 90 TITLiabilities 1 Losses due and unpaid 20063 79 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 58183 90 3 Losses resisted including interest costs and other expenses thereon 7702 33 4 Total gross amount of claims for losses 85950 02 5 Deduct reinsurance thereon 7232 13 6 Net amount of unpaid losses 78717 89 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 45437726 un earned premiums fifty per cent 227188 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 78365701 unearned premiums pro rata 422423 42 11 Total unearned premiums as computed above carriedComptrollebGeneeals Eepoet 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 ad mitted and contested viz State county and municipal taxes due or accrued 20 Total amount of all liabilities except capital stock scrip and net surplus 23 Surplus beyond capital and all other liabilities 306 649612 05 2923 75 12512 53 210000 00 359922 68 24 Asareeate amount of all liabilities including capital paid s 1313688 90 up and net surplus 1 Amount of unearned premiums represented by installment notes being the whole amount of such notes 3778969 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 4 Gross premiums on risks written and re newed during the year 8 Deduct reinsurance and return premiums 1286382 15 960413 83 243479 61 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 Interest on deposits in trust companies and banks 384032 on bills receiv able 8391 total 13 Profit on sale or maturity of ledger assets bonds 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 5106277 losses occurring in previous years 414379 17 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 431416 and all amounts actually received for reinsur ance in other companies 2543489 total deductions 716934 22 35832 89 3924 23 851 00 757542 34 29749 05 Net amount paid during the year for losses 384630 12306 OMPTKQLLEKGrENERAL s RePOET 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for State National and local taxes in this and other States 9 All other payments and expenditures viz Rent 4 20000 advertising printing and stationery 556558 postage telegraph and express 150566 legal 3 50403 fire department and fire patrol 31211 maps 168646 inspections and surveys 349450 sundries 208587 total r 10 Loss on sale or maturity of ledger assets bonds 198376 85 49428 81 80086 42 19204 21 93 75 Aggregate amount of actual expenditures during the year in ea8h 681820 16 VIKisks and Premiums Fire Risks Premiums Thereon 1 In force December 31 1909 95883188 00 1226009 77 2 Written or renewed in 1910 76134930 00 HiO413 S3 3 Total1720181 18 00 2186423 60 4 Deduct expirations and cancellations 08080322 On 873743 53 5 In force December 31 1910 6 Deduct amount reinsured 103937796 00 1312680 07 7005798 00 74645 80 7 Net amount in force 9603100s HO 1238034 27 UNITED PIRKMKNS IXslltAMK CO op Ill 11 DKLPHI A PA Robert H Heath President Henry A Knabe Secretary Principal Office 119 Walnut St Philadelphia Pa Robert N Ihiyhs Atlanta Attorney for Service in Georgia I Capital 1 Whole amount of capital stock 2 Amount paid up in cash 9 200000 00 200000 oo II Assets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 02000 oo 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 246 232 00 3 Interest accrued on all said bond and mortgage loans 32S0 99OOMPTBOLLEKGrENEBAL s REPORT 307 4 Value of lauds mortgaged exclusive of buildings and perishable improvements 208900 00 5 Value of buildings mortgaged insured for 22842500 as collateral 314900 00 6 Total value of said mortgaged premises carried inside 523800 00 7 Amount of other loans collateral notes 3800 00 Total par and market value of bonds and stocks owned absolutely by the company and carried out at market value 985368 00 12 Cash in companys principal office 311 26 13 Cash belonging to the company deposited in banks viz Central National Bank 390158 Third National Bank 1 45024 Beal Estate Title Insurance Co and Trust Co 157446 total 6926 28 Total cash items 7237 54 15 Interest due and accrued on stocks not included in mar ket value uncollected 13206 55 16 Interest due and accrued on collateral loans and uncol lected 41 91 17 Cash in hands of agents and in course of transmission 14187 49 All other assets both real and personal as per schedule attached viz Due from other companies for reinsur ance on losses already paid 23 50 Total assets of the company actual cash market value 1365983 98 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 9219 30 3 Losses resisted including interest costs and other expenses thereon 1019 08 4 Total gross amount of claims for losses 10238 38 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 6679996 un earned premiums fifty per cent 33399 98 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 15963359 unearned premiums pro rata 89577 11 11 Total unearned premiums as computed above carried out 122977 09308 ComptrollerGenerals Report 12 Perpetual policies 878757 62 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 342 00 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz State county and municipal taxes due or ac crued 2830 51 Reinsurance premiums 714 80 20 Total amount of all liabilities except capital stock scrip and net surplus 1015860 40 21 Joint stock capital actually paid up in cash 200000 00 23 Surplus beyond capital and all other liabilities 15012 is 24 Aggregate amount of all liabilities including capital paid up and net surplus 1365983 98 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 10779 98 3 Net collected 10779 98 4 Gross premiums on risks written and re newed during the year 134506 20 5 Total 145236 18 6 Deduct premiums and bills in course of collection at this date 20601 03 7 Knt ire premiums collected during the year in cash 124685 15 8 Deduct reinsurance and return premiums 16957 28 9 Net cash actually received for premiums carried ont 107727 87 10 Received for interest on bonds and mortgages 13563 35 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 4171A IS 12 Income received from all other sources omitting increase if any in value of securities viz Rents 558 30 Deposit premiums on perpetual risks 16361 82 Approving transfers on perpetunls S96 50 Agents balances marked off 133 10 Sale of matured bonds 849 00 15 Aggregate amount of income actually received hiring the year in cash 181833 12Sill jtjf omptrollekGenekals Eepoet VExpenditures During the Year 309 Gross amount actually paid for losses in cluding 247542 losses occurring in pre vious years Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1718 and all amounts actually received for reinsur ance in other companies 399765 total deductions 39832 79 4014 83 Net amount paid during the year for losses Cash dividends actually paid stockholders amount of stockholders dividends declared during the year Paid for commissions or brokerage Paid for salaries fees and other charges of officers clerks agents and all other employees Paid for State National and local taxes in this and other States All other payments and expenditures viz Maps 2 18530 Underwriters Boards 115678 repairs on real estate 268769 taxes on real estate 157971 sale of real estate and maturity bonds 202566 tele phone telegraph and express 104031 total All other expenditures Deposit premiums returned 35817 96 16000 00 23688 85 21948 61 2880 68 4645 68 5362 67 27153 16 freregate amount of actual expenditures during the year 143527 38 in cash VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1909 as per line 5 under this heading in last years statement 56655276 00 322720 40 Written or renewed during the year 14266532 00 134506 20 3 Totaj 70921803 00 657226 60 4 Deduct those expired and marked off as terminated 24516962 00 245231 93 5 In force at the end of the year 1910 43404846 00 441994 67 6 Deduct amount reinsured 15554787 00 135531 12 7 Net amount in force 29850059 00 225433 55310 ComptrollerGenerals Report SUBSCRIBERS AT UNITED STATES LLOYDS MARINE INSURANCE UNDERWRITERS OF NEW YORK CITY A Foster Higgius Herbert Appleton Douglas E Cox under the firm name of Higgins Cox Attorneys for the Subscribers Principal Office 3 South William St New York N Y ICapital 1 Whole amount of original deposit 100000 00 2 Amount paid up in cash 100000 00 IIAssets Total par and market value of bonds and stocks owned absolutely by the company and carried out at market value 683150 00 12 Cash in companys principal office 2100 47 13 Cash belonging to the company deposited in banks viz Bank of New York 2389267 Central Trust Company of New York 24303213 Bank of Liver pool 19145 Morgan Grenfell Co 1075161 Brodrick Leitch Kendall 97934 total 278847 20 Total cash items 280 947 67 15 Interest due and accrued on bonds not included in mar ket value uncollected 8 129 16 17 Cash in hands of agents and in course of transmission 496340 18 Total assets of the company actual cash market value 1468567 01 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 267935 00 3 Losses resisted including interest costs and other expenses thereon 7860 00 4 Total gross amount of claims for losses 275795 00 5 Deduct reinsurance thereon 212585 74 6 Net amount of unpaid losses 63 209 26 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 508084 02 11 Total unearned premiums as computed above carried 0t 508084 02 OMPTBOLLERGrENEBAL s RePOET 311 19 20 21 23 24 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Taxes 1600000 commissions 4156617 return premiums 2747215 reinsurance 17432417 total Total amount of all liabilities except capital stock scrip and net surplus Original deposit 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 480948 23 Deduct amount of same not collected 1666 27 259362 49 830655 77 100000 00 537911 24 1468567 01 Net collected 479182 96 Gross premiums on risks written and re newed during the year 3053968 63 Total 33J 59 Deduct premiums and bills in course of collection at this date 494673 91 Entire premiums collected during the year in cash 3038477 68 Deduct reinsurance and return premiums 1450112 44 9 11 12 15 Net cash actually received for premiums carried out Received for interest and dividends on stocks and bonds collateral loans and from all other sources Income received from all other sources omitting increase if any in value of securities viz Exchange 1588365 24 34009 96 592 18 Aggregate amount of income actually received during the year in cash V Expenditures During the Year Gross amount actually paid for losses in cluding 61063166 losses occurring in previous years 2382824 17 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 26364859 and 1622967 38312 ComptrollerGeneral s Report all amounts actually received for rein surance in other companies 1010 09393 total deductions 1273742 52 Net amount paid during the year for losses 1109081 65 4 Cash dividends actually paid subscribers amount of divi dends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees and other eharges 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 Adjustments rents agency expenses general office expenses Decrease in book value of bonds 50000 00 311276 58 112178 59 22658 10 86619 00 7810 00 Aggregate amount of actual expenditures during the year in easn 1699623 92 VIRisks and Premiums Marine Inland Premiums 1 In force on the 31st day of December 57597095 00 637462 79 2 Written or renewed during the year 622069117 00 3053968 63 3 Total 679666212 00 3691431 42 4 Deduct those expired and marked off as terminated 587345359 00 2860645 73 5 In force at end of the year 92320853 00 830785 69 6 Deduct the amount reinsured in other companies 41930379 00 322701 67 7 Net amount in force 50390474 00 508084 02 Business in the State of Georgia During the Year Marine and inland risks written 7 735 254 00 Premiums received gross 20 995 60 Losses paid 7 34 g 9633 51 Losses incurred VTRGTNTA STATE FTRE INSURANCE CO OF RICHMOND VA Geo L Christian President Robt Lecky Jr Secretary Principal Office Corner Fifth and Main Sts Richmond Va ICapital 1 Amount of capital paid up in cash 200000 00 omptrollerGtenerals Report 2 Amount of ledger assets as per balance December 31 of previous year 524778 4 Extended at IIIncome 5 Gross premiums 503207 87 6 Deduct gross amount paid for reinsurance 4096183 return premiums 110 32629 total 151288 12 7 Total premiums other than perpetual 9 Gross interest accrued on bonds acquired during 1910 1877 33 11 Gross interest accrued on bonds and divi dends on stocks acquired during 1910 13760 86 13 Gross interest miscellaneous 332 59 16 Gross rents from companys property in cluding 300000 for companys occu pancy of its own buildings 9454 77 17 Total gross interest and rents 18 From other sources viz Contributed by directors 45 00000 borrowed money 4250000 profit on bills re ceivable account 227191 total 28 Total income 313 52477 351919 75 25425 55 89771 91 467117 21 IIIDisbursements 2 Gross amount paid policy olders for losses including 6758588 occurring in pre vious years Deduct amount received for salvage 2 20494 reinsurance 10375051 total discounts 321792 28 105955 45 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 7 Salaries 614992 and expenses 69031 of special and general agents and local solicitors 373996 total 8 Salaries fees and all other charges of officers directors trustees and home office employes 9 Bents including 300000 for companys occupancy of its own buildings 10 Advertising 282416 printing and stationery 267184 total 11 Postage telegrams telephone and express 12 Legal expenses 215836 83 6303 47 88164 62 10580 19 24102 20 3000 00 5496 00 3536 93 546 97314 ComptrollerGenerals Report 13 Furniture and fixtures 14 Maps including corrections 15 Underwriters Boards and Tariff Associations 16 Fire department fire patrol and salvage corps assess Gnents 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 Municipal licenses 23 Other disbursements viz Office supplies 49348 ex change 26151 interest on directors contributions 320416 miscellaneous expenses 349915 interest on borrowed money 467124 printing office 6209 bor rowed money repaid 14550000 profit and loss open accounts 46914 total 34 Paid stockholders for interest or dividends amount de clared during the year 600000 37 Agents balances charged off 38 Gross loss on sale or maturity of ledger assets viz Bonds 40 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 collat eral viz Bonds 14963918 stocks 6160264 total 5 Cash in companys office 6 Deposits in trust companies and banks not on interest 8 Agents balances representing business written subse quent to October 1 1910 9 Agents balances representing business written prior to October 1 1910 11 Bills receivable taken for fire risks 12 Other ledger assets viz Suspended debts 13 Open accounts 14 City collector 15 Brokerage premiums 16 Total ledger assets NonLedger Assets 17 Interest accrued on mortgages 326 18 463 ss 361 90 5214 55 1765 01 572 32 4148 72 1284 19 5683 09 1460 83 1985 68 158160 77 12254 25 2482 57 1852 73 555257 70 96617 38 20168 21 211241 82 2428 43 35101 78 47222 11 2529 09 3802 88 8182 54 1499 41 6671 02 1173 82 436638 49 omptbollerGteneral s Report 315 18 Interest due 50000 and accrued 195333 on bonds total 2453 33 20 Interest accrued on open accounts 158 95 24 Total 2938 46 25 Market value of real estate over book value 38482 62 26 Market value not including interest in item 18 of bonds and stocks over book value 44405 18 30 Gross assets 522464 75 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1910 2529 09 35 Bills receivable past due taken for ma rine inland and fire risks 1418 41 36 City collector prior to October 1 1910 3545 02 37 Brokerage premiums prior to October 1 1910 205 45 38 Due and accrued interest bonds 36000 open account 15895 total 518 95 39 Suspended debts 818254 open account 168732 total 9869 86 Total 40 Total admitted assets VLiabilities 1 Gross losses adjusted and unpaid 28601 44 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 39253 50 3 Gross claims for losses resisted 4718 00 4 Total 72572 94 5 Deduct reinsurance due or accrued 24247 04 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived and receivable upon all unex pired Are risks running one year or less from date of policy including interest premiums on perpetual fire risks 197 88900 unearned permiums fifty per rent 98944 50 18086 78 504377 97 48325 90316 OMPTBOLLERGrENEBAL S EEPOBT 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 26439963 unearned premiums pro rata 150725 13 12 Total unearned premiums as computed above 249669 63 19 Salaries rents expenses bills accounts fees etc due or accrued 1622 51 20 State county and municipal taxes due or accrued 2500 00 22 Return reinsurance premiums 9616 99 24 All other liabilities viz Unpaid adjustment expenses 85 92 27 Total amount of all liabilities except capital 311820 95 28 Capital actually paid up in cash bal ance of 100932 02 29 Directors contributions to surplus 91625 00 30 Surplus as regards policyholders 192557 02 81 Total liabilities 504377 97 VIBisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 63953666 00 991497 61 2 Written or renewed during the year 30778959 00 503207 87 3 Total 94732625 00 1494705 48 4 Ceduct those expired and marked off as terminated 53156489 00 779239 96 5 In force at the end of the year 41576136 00 715465 52 6 Deduct amount reinsured 14729810 00 253176 89 7 Net amount in force 26846326 00 462288 63 Business in the State of Georgia During the Year Net risks written 32398 19 Net premiums received 18 839 50 Net losses paid 13354 06 Net losses incurred 11 087 18 ComptkollerGtenerals Report 317 UNITED STATES BRANCH WESTERN ASSURANCE COMPANY OF TORONTO CANADA W B Meikle General Manager C C Foster Secretary Principal Office 22 Wellington St Toronto Canada Charles S Mathews Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of deposit capital 207000 00 IIAssets Total par and market value of stocks and bonds owned absolutely by the company and carried out at market 1889427 16 value 13 Cash belonging to the company deposited in banks viz Wm Gray and C D McTntosh agents 23713462 Corn Exchange National Bank 203676 total 239171 38 15 Interest due and accrued on stocks not included in mar ket value uneollected 21633 80 17 Cash in hands of agents and in course of transmission 229800 J 18 Bill receivable not matured taken for fire marine and in i i i 2620 oO land risks All other assets both real and personal oox Total assets of the company actual cash market value 2390535 16 IIIInabilities 1 Losses due and unpaid 2055 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 222133 43 3 Losses resisted including interest costs and other expenses thereon 4581 00 4 Gross amount of claims for losses 228769 43 5 Deduct reinsurance thereon 50332 79 6 Net amount of unpaid losses 173436 64 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 95166251 un earned premiums fifty per cent 475831 25 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 129030017 unearned premiums pro rata 636804 00318 OMPTKOLLEKGeXEKAL s REPORT 9 Gross premiums without deduction in eluding both cash and bills received and receivable upon all unexpired in land navigation and time hull marine risks 13025754 unearned premiums fifty per cent 10 Gioss premiums without any deduction received and receivable on all unex pired marine risks 6512s 70 13183 19 11 Total unearned premiums as computed above carried out 1190947 20 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 4391 17 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Commissions 29104 24 Taxes 21674 09 20 Total amount of all liabilities except capital stock scrip and net surplus 424553 34 21 Deposit capital 207000 00 23 Surplus beyond capital and all other liabilities 758981 32 24 Aggregate amount of all liabilities including capital paid up and net surplus 2390 535 U V Income During the Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 17271 54 65243 85 2 Net collected 17273 54 65241 85 4 Gross premiums on risks w r 111 e n and renewed d ii ring the year as shown in iisk and pre mium exhibit 1990812 60 426428 52 5 Total 2163544 14 491672 37 6 Deduct premiums and bills in course of collection at this date 175427 75 56993 46 7 Entire premiums collected during the year in cash 1988116 39 434678 91OomptrollerGenebal s Report 8 Deduct reinsurance and 319 return premiums 768734 57 147615 91 9 Net cash actually received for premiums carried out 121938182 287063 00 1506444 82 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 83696 80 15 Aggregate amount of income actually received during the year in cash 1590141 62 V Expenditures During the Tear 1 Gross amount actually paid for losses includ ing 16095193 losses oc curring in previous years 729445 69 365888 51 2 Deduct all amounts actu ally received for sal vages whether on losses of the last or of previous year 5664263 and all amounts actually receiv ed for reinsurance in other companies 109 77378 total deductions 60412 00 106004 41 Net amount paid during the year for losses 669033 69 259844 10 928917 79 6 Paid for commissions or brokerage 304990 31 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 97012 19 8 Paid for state national and local taxes in this and other States 45845 57 9 All other payments and expenditures 170341 18 10 Amount sent to home offices during the year 59144 44 Aggregate amount of actual expenditures during the year in cash 1606251 48 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement 258926461 00 2739898 09320 ComptbollerGenebals Kepoet 2 Written or renewed during the year 193545404 00 1990812 60 3 Total 452471865 00 4730710 69 4 Deduct those expired and marked off as terminated 197145846 00 2119300 62 5 In force at the end of the year255326019 00 2611410 07 6 Deduct amount reinsured 40426519 00 369447 39 7 Net amount in force 214899500 00 2241962 68 Business in the State of Georgia During the Tear Fire Risks Marine Inland Aggregate Fire marine and inland risks written 1757395 00 524858 00 2282253 00 Premiums received gross 29204 13 1622 69 30826 82 Losses paid 13661 47 55 00 13716 47 Losses incurred 19539 85 55 00 19594 85 WESTCHESTER FIRE INSURANCE CO OF NEW YORK N Y George R Crawford President John H Kelly Secretary Principal Office 100 William St New York Edgar Duniap 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 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 71950 interest accrued thereon 90142 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 173900 00 5 Value of buildings mortgaged insured for 17800000 as collateral 200650 00 9603 55 168150 00 2620 92 6 Total value of said mortgaged premises carried inside 374550 00 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 3814325 00 omptrollerGeneral s Report 321 13 Cash belonging to the company deposited in banks viz Chatham National Bank New York City 8904129 Union Trust Co New York City 2557465 total All other assets both real and personal viz Interest accrued on bonds Agents balances for business written subsequent to Octo ber 1 1910 114615 94 5574 98 355405 70 Total assets of the company actual cash market value 4470296 09 IIILiabilities 1 Losses adjusted not yet due 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 63465 17 264664 86 9627 76 337757 79 89996 23 6 Net amount of unpaid losses i 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 167475253 un earned premiums fifty per cent 837376 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 297621598 unearned premiums pro rata 1592503 38 11 19 Total unearned premiums s computed above carried out All other demands against the company absolute and con tingent due and to become due admitted and contested viz For all contingencies 1000000 reinsurance 1000000 State county and municipal taxes due and accrued 4000000 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 247761 56 60000 00 2737641 21 300000 00 1432654 88 4470296 09322 omptrollerGeneral s Report IVIncome During the Year 4 Gross premiums on risks written and re newed during the year as shown in risk and premium exhibit 3734534 79 8 Deduct reinsurance and return premiums 1145771 83 9 Net cash actually received for premiums carried out 2588762 96 10 Received for interest on bonds and mortgages 9944 62 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 164286 67 Received for interest on bank deposits 2520 90 12 Income received from all other sources omitting increase if any in value of securities viz Rents 13900 sale of Traders Insurance Co claim 9218 agents balances previously charged off 3481 total 294 11 15 Aggregate amount of income actually received during the year in cash 2765809 26 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 22365090 losses occurring in previous years 1704791 15 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1204555 and all amounts actually received for reinsur ance in other companies 30866267 total deductions 320708 22 Net amount paid during the year for losses 1384082 93 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 120000 00 6 Paid for commissions or brokerage 510 252 69 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 279 357 91 8 Paid for State National and local taxes in this and other States 74310 57 9 All other payments and expenditures viz Adjusting expenses rents advertising printing postage tele grams telephone express legal furniture and fixtures maps Underwriters Boards etc fire patrol inspec tions repairs collections and exchange etc 158 191 32 10 Aggregate amount of actual expenditures during the year in eash 2526195 42 I ComptholleeGeneeals Report 323 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December as per line 5 under this heading in last years statement514076890 00 5256S20 10 2 Written or renewed during the year 339921335 00 3734534 79 3 Total 853998225 00 8991354 89 4 Deduct those expired and marked off as terminated 324683927 00 3598930 29 5 In force at the end of the year529314298 00 5392424 60 6 Deduct amount reinsured 67928297 00 741456 09 7 Net amount in force461386001 00 4650968 51 Business in the State of Georgia During the Year Fire risks written 2821702 00 Premiums received gross 39768 84 Losses paid 19378 97 Losses incurred 17479 33 01 WILLIAMSBURG CITY FIRE INSURANCE COMPANY OP NEW YORK Frederick W Hay President Wyckoff Van Derhoef Secretary Home Office 59 John Street New York N Y W R Hoyt Atlanta Attorney for Service in Georgia 1Capital Stock 1 Amount of capital paid up in cash 250000 00 2 Amount of ledger assets as per balance December 31 of previous year 2798080 57 4 Extended at 2798080 57 IIIncome I 5 Gross premiums 2383893 54 6 Deduct gross amount paid for reinsurance 26530532 return premiums 265 49266 total deductions 530797 98 ill 7 Total premiums other than perpetual 1853095 56324 CompteollbkGeneeals Report 9 Gross interest on mortgage loans 17776 53 11 Gross interest on bonds and dividends on stocks less 2 06149 accrued interest on bonds acquired during 1910 65103 51 12 Gross interest on deposits in trust com panies and banks 10142 94 13 Gross interest from all other sources 243 57 16 Gross rents from companys property in cluding 150000 for companys occu pancy of its own buildings 4371 25 17 Total gross interest and rents 97637 80 26 Gross profit on sale or maturity of ledger assets viz Bonds 53432 stocks 6071786 total 61252 IS 28 Total income 2011985 54 TTTDisbursements 1 Gross amount paid policyholders for losses including 17252083 occurring in pre vious years 1051091 80 2 Deduct amount received for salvage 11 39970 reinsurance 11478755 total deductions 126187 25 10 11 12 13 14 15 16 17 18 19 20 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency ex penses Salaries 5291379 and expenses 2325820 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 150000 for companys occupancy of its own buildings Advertising 1092096 printing and stationery 7 30543 total Postage telegrams telephone and express Legal expenses Furniture and fixtures Mails including corrections Underwriters Hoards and Tariff Associations Fire department five 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 924904 55 15859 23 444533 17 33450 37 76171 99 114745 48 25706 25 18226 39 7878 68 9 90 1910 82 8044 70 13572 18 4623 65 2051 85 2091 22 952 86 29688 21 OMPTKOLLEKGrENERAL s BePOKT 21 Insurance department licenses and fees 22 All other licensees fees and taxes viz City and county taxes 137295 United States tax 34745 total 23 Other disbursements viz Collection fees on premium notes 34 Paid stockholders for interest or dividends amount de clared during the year 5000000 40 Total disbursements 6 11853 63 1720 40 118 64 50000 00 1788114 17 I 1 I 2 1 8 5 7 8 9 11 IVLedger Assets I Book value of real estate i Mortgage loans on real estate first liens Book value of bonds 88041140 and stocks 1004 35254 total Cash in companys office Deposits in trust companies and banks on interest Agents balances representing business written subse quent to October 1 1910N Agents balances representing business written prior to October 1 1910 Bills receivable taken for fire risks 90000 00 302100 00 1884763 94 2201 45 411088 68 314673 05 981 42 16140 40 16 Total ledger assets 3021951 94 NonLedger Assets 17 Interest accrued on mortgages 18 Interest due 342625 and accrued 61570 on bonds 20 Interest due on balances 2001 87 13041 95 2692 19 Total 27 Other nonledger assets viz Due by other companies for reinsurance on losses paid 17736 01 5158 78 30 Gross assets 3044846 73 I Deduct Assets Not Admitted Agents balances representing business written prior to October 1 1910 37 Book value of ledger assets over market 981 42 value Total 40 Total admitted assets 199413 94 200395 36 2844451 37326 ComptrollerGeneral s Report VLiabilities 1 Gross losses adjusted and unpaid but 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 16027 01 177417 70 12747 67 206192 38 25779 73 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived and receivable upon all un expired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 106290858 unearned premiums fifty per cent 513454 29 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 212965614 unearned premiums pro rata 1179149 81 180412 65 12 Total unearned premiums as computed above 1710604 10 19 Salaries rents expenses bills accounts fees etc due or accrued 20 State county and municipal taxes due or accrued 22 Return premiums 197373 reinsurance premiums 10 59733 total 2303 57 21011 82 12571 06 27 Total amount of all liabilities except capital 1926903 20 28 Capital actually paid up in cash 250000 00 29 Surplus over all liabilities 667548 17 30 Surplus as regards policyholders 31 Total liabilities 917548 17 2844451 37 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st dayof December as per line 5 under this heading in last years statement 30339315100 3160128 72 2 Written or renewed during the year 215037413 00 2383893 54 3 Total 518430564 00 5544022 26ComptrollerGenerals Report 327 4 Deduct those expired and marked off as terminated 182911186 00 2020656 36 5 In force at the end of the year335519378 00 3523365 90 6 Deduct amount reinsured 29224308 00 330801 18 7 Net amount in force 306295070 00 3192564 72 Business in the State of Georgia During the Year Fire risks written 2502905 00 Premiums received gross 40453 59 Losses paid 19504 85 Losses incurred 16664 10LIFE INSURANCE COMPANIES ETNA LIFE INSURANCE COMPANY OF HARTFORD CONN Morgan G Bulkeley President C E Gilbert Secretary Home Office 650 Main Street Hartford Conn W E Hawkins 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 86999096 52 4 Extended at 86999096 52 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 190975 for first years reinsurance 1104491 30 6 Surrender values applied to pay first years premiums 23134 12 7 Total first years premiums on original policies 1127625 42 8 Dividends applied to purchase paidup ad ditions and annuities 3704 21 9 Surrender values applied to purchase paid up insurance and annuities 189775 92 11 Consideration for original annuities in volving life contingencies 105073 73 11 Consideration for supplementary contracts involving life contingencies 19758 00 12 Total new premiums 1445937 28 13 Renewal premiums without deduction for commissions or other expenses less 4 88810 for reinsurance on renewals 8854221 77 14 Dividends applied to pay renewal prem iums 383287 21 16 Surrender values applied to pay renewal premiums 1174 66 18 Total renewal premiums 9238683 64OMPTBOLLEEGrENEEAL s REPORT 329 Total premium income 10684620 92 Consideration for supplementary contracts not involving life contingencies 44039 02 Dividends left with the company to ac cumulate at interest 177315 35 Gross interest on mortgage loans less 65568 accrued interest on mortgages acquired during 1910 2324079 47 Gross interest on collateral loans 48712 47 Gross interest on bonds and dividends on stocks less 1106132 accrued interest on bonds acquired during 1910 1351920 73 Gross interest on premium notes policy loans or liens 566138 02 Gross interest on deposits in trust com panies and banks 63266 62 Gross interest on claims paid in advance 3529 88 Gross rent from companys property in cluding 3250000 for companys occu pancy of its own buildings 42807 97 33 Total gross interest and rents 4400455 16 26 27 SI 32 43 Total income 15306430 45 IIIDisbursements 1 For death claims less 34100 reinsur ance additions 1972 3888153 74 2 For matured endowments 2711676 00 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 23 13412 to pay renewal premiums 117466 total 8 Surrender values applied to purchase paidup insurance and annuities 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions and an nuities 13 Dividends left with the company to accumulate at interest 6599849 46 32963 14 408 27 1673493 51 24308 78 189775 92 397576 00 383287 21 3704 21 177315 35 14 Total paid policyholders 9482681 85 15 Expense of investigation and settlement of policy claims including 232552 for legal expenses 2326 52330 ComptrollerGenerals Report 16 Paid for claims on supplementary contracts not involving life contingencies 28740 84 17 Dividends and interest thereon held on deposit surren dered during the year 203914 75 18 Paid stockholders for interest or dividends 200000 00 19 Commissions to agents less commission on reinsurance First years premiums 40008720 renewal premiums 50740664 annuities original 545833 total 912952 17 20 Commuted renewal commissions 14489 90 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 56932 85 23 Branch office expenses including salaries of managers and clerks 100676 28 24 Medical examiners fees 6474040 inspection of risks 2179815 total 86538 55 25 Salaries and all other compensation of officers directors trustees and home office employees 323711 65 26 Rent including 2500000 for companys occupancy of its own buildings 71546 17 27 Advertising 1032424 printing and stationery 68 12980 postage telegraph telephone and express 54 89602 exchange 165496 total 135005 02 28 Legal expense 5786 08 29 Furniture fixtures and safes 13779 62 30 Repairs and expenses other than taxes on real estate 62737 29 31 Taxes on real estate 13189 77 32 State taxes on premiums 125602 65 33 Insurance department licenses and fees 9464 91 34 All other licenses fees and taxes Tax on capital stock 7565764 valuation of policies 304710 publication fees 105503 tax on reserves 963367 U S Govern ment tax 537475 local license or property tax 188 89855 total 283666 74 38 Other disbursements Investment expense 1166307 supplies 88772 incidentals 113914 expenses on real estate during foreclosure 22576 total 13915 69 46 Gross loss on sale or maturity of ledger assets viz Ral estate 392500 bonds 602250 stocks 3490425 total 44851 7 47 Gross decrease by adjustment in book value of ledger as sets viz Bonds including 119914 for amortization of premium 1556 64 48 Total disbursements 12194067 69 IVLedger Assets 1 Book value of real estate 597001 31 2 Mortgage loans on real estate first liens 46731662 22 3 Loans secured by pledge of bonds stocks or other collat eral 1320470 76gi OMPTROLLERGtENERALs REPORT 4 Loans made to polieyholders on this companys policies assigned as collateral i 5 Premium notes on policies in force of which 146686 is for first years premiums 6 Book value of bonds 2645147879 and stocks 3564 95272 total 7 Cash in companys office 18442 51 8 Deposits in trust companies and banks not on interest 916957 61 9 Deposits in trust companies and banks on interest 2136791 02 331 8160414 00 164735 36 Total J10 Bills receivable 2207554 agents balances debit 31 69648 credit 521904 net 2647744 total 12 Total ledger assets i NonLedger Assets 3072191 14 48552 98 90111459 28 13 Interest due 1199820 and accrued 1 13430935 on mortgages 1146307 55 14 Interest due 579100 and accrued 362 06226 on bonds 15 Interest accrued on collateral loans I 16 Interest due on premium notes policy loans or liens 1 17 Interest accrued on bank deposits I 20 Rents accrued on companys property or lease 367853 26 23823 26 163953 90 267 74 250 00 21 Total interest and rents due and accrued 23 Market value of bonds and stocks over book value 1702455 71 2490236 79 d New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1910 less reinsurance premiums 26 Gross deferred premiums on policies in force De cember 31 1910 less reinsurance premiums 27 Totals 10622 77 727103 83 51556 14 409042 48 62178 91 1138146 31CompteolleeGenebals Repobt 28 Deduct loading 9999 69 192813 32 29 Net amount of uncolleet ed and deferred pre miums 52179 22 943332 99 995512 21 35 aross assets 95299663 99 Deduct Assets Not Admitted 38 Agents debit balances gross 31696 48 40 Bills receivable 22075 54 41 Premium notes and loans on policies and net premiums in excess of the net value of their policies 48 31 42 Total 53820 33 43 Admitted assets life business 95245843 06 44 Admitted assets accident health and liability business 5772299 30 45 Total admitted assets 101018142 96 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of December 1910 as computed by the company on the following tables of mortality and rates of interest viz 2 American Experience table at 3 per cent on entire non participating class and on participating class issued prior to 1901 59998749 00 3 American Experience table at 3 per cent on participating class issued in 1901 and subsequently 22343417 00 Same for reversionary additions 5797 00 22349214 00 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz Mc Clintock Annuitants 3y2 per cent on business issued prior to 1910 British Annuitants 3 per cent and American Experience 3 per cent on business is sued in 1910 original annuities 365174 00 Same on supplementary contrets involv ing life contingencies 61984 00 427158 00 Total 82775121 00 a y ComptrollerGenerals Report 6 Deduct net value of risks of this company reinsured in other solvent companies 7 Reserve to provide for disability benefits contained in life policies 4 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed Iff 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 duei 13 Claims for death losses wihich 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 involv ing life contingencies 333 29811 00 82745310 00 48839 00 82794149 00 296394 00 5860 09 98968 00 51116 00 63595 00 42618 04 64 41 17 Total policy claims 18 Due and unpaid on supplementary contracts not involving life contingencies 19 Dividends left with the company to accumulate at inter est and accrued interest thereon 20 Premiums paid in advance including surrender values so applied 21 Unearned interest and rent paid in advance 22 Commissions to agents on premium notes when paid 30113 other contingent commissions 155885 total 23 Commissions to agents due and accrued 24 Cost of collection on uncollected and deferred pre miums in excess of the loading thereon 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 900800 and legal fees 2650 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 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 256361 45 150 00 519322 41 21954 99 222446 57 1859 98 3702 48 11592 84 5788 28 9034 50 440812 45 80454 16 130340 78334 ComptbollebGenebals Repobt 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies i 128 733 98 35 Reserve special or surplus funds not included above viz Special reserve held under ten year renewable term contracts 704525 00 37 Liabilities life business 86633532 96 38 Surplus on life business including capi ta1 stock 8612310 70 40 Total liabilities accident health and liability business 4282609 14 42 Capital stock 2000000 00 43 Unassigned funds surplus 8102000 86 44 Total surplus as regards policyholders 10 102 000 86 45 Total liabilities accident health and other business101018142 96 Business in the State of Georgia During the Year No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year 3475 6566923 22 17 Policies on the lives of citizens of said State issued during the year 479 932111 16 TotaI 3954 7499034 38 19 Deduct ceased to be in force during the year 352 745 948 00 20 Policies in force December 31 3602 6753086 38 No Amount 21 Losses and claims unpaid December 31 of pre vious year 10 24200 00 22 Losses and claims incurred during the year 46 88 760 00 lS Jtal 56 112960 00 Zi Losses and claims settled during the year in cash 10359120 by compromise 94080 total 50 104532 00 25 Losses and claims unpaid December 31 6 8 428 00 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 19756776CompteolleeGtenebals Repoet 335 AMERICAN LIFE AND ACCIDENT INSURANCE COMPANY OF SALISBURY MISSOURI John W Cooper President Chas C Hammond Secretary Principal Office Salisbury Mo C N Garr 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 116874 42 Extended at 116874 42 IIIncome During the Year 1 Cash received for renewal premiums without deductions for commissions or other expenses 82932 20 7 Total premium income 8 Cash received for interest on mortgage loans 19 From all other sources viz Policy fees 5198088 mis cellaneous 1001 total 82932 20 6587 38 51990 89 Total income 258384 89 IIIDisbursements for the Year 1 Cash paid for death claims including re visionary additions t 5 Accident and health losses 7 Total net amount actually paid for losses 13 Surrender values paid in cash 1000 00 38197 00 Total paid policyholders 16 Policy fees 17 Cash paid for commissions and bonuses to agents less commission on reinsurance IS Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 26000 inspec tion of risks 3100 total 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 23 Cash paid for insurance department fees and agents licenses 95145 municipal licenses 18411 total 39197 00 551 08 39748 08 51722 50 25197 70 935 37 291 00 8561 15 998 26 1135 56 336 ComptrollerGenerals Report 24 Cash paid for rent 1180 36 26 Cash paid for furniture fixtures and safes for home and agency offices and office supplies 770 50 27 Cash paid for advertising 14793 printing 145884 total 1606 75 28 Cash paid for legal expenses 593 50 29 Cash paid for the following items viz Corporation tax 9600 surety bonds 35250 total 448 50 Officers traveling expenses 61969 postage phone tele graph and express 203560 total 2655 29 Total miscellaneous expenses 433 01 30 Total disbursements 136277 53 IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 110731 44 3 Loans secured by pledge of bonds stocks or other market able collaterals IT S Bond 100 00 7 Cash in companys office 1291 32 8 Cash deposited in banks 6620 12 10 Premiums in course of collection 3364 48 33 Total net or ledger assets less depreciation 122107 36 Other Assets 14 Interest duo and accrued on mortgages 2692 79 15 Interest due and accrued on bonds and stocks 3 75 Total carried out 2696 54 20 Market value of real estate over cost 104 60 27 Furniture fixtures and safes 250000 supplies 1 00000 total 350o 00 28 Total assets as per the books of the company 128408 50 Items Not Admitted 2 Furniture fixtures and safes 2500 00 8 Supplies printed matter and stationery 1000 00 Tota 3500 00 9 Total assets less items not admitted 124 908 50 VLiabilities 3 Net legal reserve 483 00 3 Claims for losses unpaid 1 75 qqComptbollerGeneral s Report 337 11 Commissions due agents 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 Pre miums paid in advance Unearned premiums Capital stock Surplus 282 31 832 01 246 85 821 36 2910 58 100000 00 17462 39 19 Total liabilities 124908 50 Business in the State of Georgia During the Year Accident and health policies in Georgia in force December 31 of previous year 216 Number and amount of policies on the lives of citi zens of Georgia during 1910 accident and health 778 269 71 927 03 Total 1014 1196 74 Deduct number and amount which have ceased to be in force during the year 823 982 29 Total number and amount of policies in force in Georgia December 31 1910 191 214 45 Amount of losses and claims on policies in Georgia during the year accident and health 1502 15 AMERICAN NATIONAL INSURANCE CO OF GADVESTON TEXAS W L Moody Jr President L H Collier Secretary Principal Office Galveston Texas T H Jones Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 150000 00 Amount of net or ledger assets December 31 of previous year 721861 20 Extended at 721861 20 IIIncome During Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 324902 04 338 ComptrollerGenerals Eepobt 1 Cash received for renewal premiums without deductions for commissions or other expenses 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 paid up additions and annuities 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 701511 27 17350 22 595 29 1731 64 2998 38 1049088 84 4018 85 7 Total premium income 1045069 99 8 Cash received for interest on mortgage loans 30385 68 9 Cash received for interest on bonds owned and dividends on stock 8214 24 Cash received for interest on premium notes loans or liens 2590 66 11 Cash received for interest on other debts due the company 458 00 14 Cash received for profits on sales of bonds or stocks 400 00 17 Premium notes loans or liens restored by revival of policies 313 03 Agents balances previously charged off 60 20 9 From all other sources viz Suspense 9290 premium receipt books 31822 profit and loss 25988 total 671 07 Total income 1088162 87 10 18 TilDisbursements for the Year 1 Cash paid for death claims including re visionary additions 185821 75 2 Sick and accident claims 85324 69 7 Total net amount actually paid for losses 271146 44 9 Premium notes loans or liens voided by lapse 2962 45 10 Cash dividends paid policyholders 102 82 11 Cash dividends applied to pay running premiums 595 29 12 Cash dividends applied to purchase paidup additions and annuities 1 731 64 13 Surrender values paid in cash 10677 25 14 Special contract compensation 8 166 50 15 Surrender values used to purchase paidup insurance and annuities 2998 38 Total paid policyholders 298380 77ComptbollebGenebal s Repobt 339 17 Cash paid for commissions and bonuses to agents less commissions on reinsurance new policies 22065681 renewals 7622095 total 296881 76 18 Cash paid for salaries and allowances to managers and agents 89770 02 19 Cash paid for medical examiners fees 1730756 inspec tion of risks 139000 total 18697 56 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 44489 05 21 Cash paid for taxes on new premiums 3211 21 22 Investigating claims 1550 93 Cash paid for insurance department fees and agents licenses 246314 municipal licenses 275444 total 5217 58 Cash paid for rent including branch offices 6155 22 Cash paid for furniture fixtures and safes for home and agency offices 1274 33 27 Cash paid for advertising 210966 printing 1221829 postage telegrams and express 450863 exchange 26121 total 19097 79 28 Cash paid for loan expenses other than taxes 222822 for legal expenses 210040 total 4328 62 29 Cash paid for the following items viz Bond fees 26750 traveling expenses 109527 indemnity bonds 86666 interest 3865 incidentals 48633 translat ing and customs 18200 H Sheffield 815139 agents balances charged off 523359 agents cash bonds returned 132826 total 17649 65 23 24 26 30 Total disbursements 806704 49 IV Assets 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 of which 387012 was received during the year 6 Cost value of bonds and stocks owned excluding accrued interest at the time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balances of which 240000 was advanced during the year 717075 02 42419 25 3870 12 132011 76 25 00 92469 85 15448 58 11 Total net or ledger assets 1003319 58 Other Assets 14 Interest accrued on mortgages4 15 Interest accrued on bonds and stocks 23215 17 587 50340 ompteollerGenebal s Eepoet IS Interest accrued on other assets bank stock dividends 3287 00 Total carried out 21 Market value of bonds and stocks over cost New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 14477 27 24 Gross deferred premiums on policies in force De cember 31 1910 97 32 12712 94 Totals 25 Deduct loading 97 32 77 86 27190 21 5438 04 26 Net amount of uncollect ed and deferred pre miums 19 46 27 Uncollected accident premiums 21752 17 27089 67 10450 61 21771 63 9124 36 28 Total assets as per the books of the company Items Not Admitted 1071755 85 5 Agents balances 9 Total assets less items not admitted VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1910 computed according to the American Kxperience table of mor tality with 3 and 3 per cent in terest Deduct net value of risks of this company reinsured in other solvent companies 728856 00 1621 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 Accident claims unpaid Total policy claims 2512 65 12500 00 5013 00 16184 55 1055571 30 727235 00 20025 65 CoMptrollerGenerals Report 341 11 Unearned accident premiums 24142 09 12 Amount of National State or other taxes due 1035 98 13 Amount due on account of salaries rents and office ex penses 995 58 16 Amount of any other liability of the company viz Pre miums paid in advance 234554 interest paid in ad vance 93987 total 3285 41 Commissions due to agents 389670 medical fees 85040 suspended mortality account Cuban business 126500 Board contracts 493564 agents cash bonds 37500 total n322 74 17 Liabilities on policyholders account 789042 45 18 Gross surplus on policyholders account 266528 85 19 Total liabilities 1055571 30 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 of previous year 4398 78 2 Premium notes loans or liens received during the year on old policies 17350 22 Total 00 Deductions during the year as follows Voided by lapse 264942 redeemed by maker in cash 1522946 total 17878 88 Balance note assets at end of the year 3870 12 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 1297 1940000 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 875 1097500 00 Tota 2172 3037500 00 Deduct number and amount which have ceased to be in force during the year 848 1142000 00 Total number and amount of policies in force in Georgia December 31 1910 1324 1895500 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 3 4500 00342 ComptrollerGenerals Report Accident claims Amount of losses and claims on policies in Georgia incurred during the year 13 2518 00 23000 00 Total 16 30018 00 Amount of losses and claims on policies in Georgia paid during the year 24018 00 Amount of premmms collected or secured in Georgia during the year with out any deduction for losses dividends commissions or other ex penses Cash 7540953 notes or credits 514393 total 8055346 AMERICAN NATIONAL LIFE INSURANCE CO OP LYNOHBURG VA W A Taylor President N M Jordail Secretary Principal Office Lynchburg Va Hon W 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 276658 44 Extended at IIIncome During the Year 276658 44 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 1 Cash received for renewal premiums without deductions for commissions or other expenses 3 Prom dividends applied to pay running premiums Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 246264 renewals 192735 total 68993 17 123018 40 2049 37 194060 94 4389 99 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 loas or liens 11 Cash received for iterest on deposits in bank 189670 95 11679 16 1000 53 1154 09 424 11ComptrollerGenerals Report 343 18 Reserve on business reinsured 10067 01 19 From all other sources viz Interest account capital stock notes 2130 31 Total income 216126 16 IIIDisbursements for the Year 1 Cash paid for death claims including re visionary additions 22500 00 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 3000 00 980 78 137 73 2049 37 2869 12 7 Total net amount actually paid for losses 19500 00 9 Premium notes loans or liens used in purchase of surren dered policies voided by lapse 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 13 Surrender values paid in cash Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 4850198 renewals 570539 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 733853 inspec tion of risks 69800 total 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 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent including 185300 companys occu pancy and 69S72 25 Cash paid for State and city taxes 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 191845 printing 233815 postage etc 166048 exchange 8394 total 28 Cash paid for legal expenses 29 Interest paid policyholders account dividends Agents balances charged off 30 Total disbursements 25537 00 54207 37 4941 43 8036 53 17706 81 1794 13 667 33 2551 72 2290 38 2260 25 6001 02 1038 84 2 99 177 45 127213 25 344 ComptrollerGeneral s Report IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 228865 79 3 Loans secured by pledge of bonds stocks or other market able collaterals 10455 82 4 Loans made in cash to policyholders on this companys policies assigned as collateral 20204 80 5 Premium notes loans or liens on policies in force of which 22758 was received during the year 14616 57 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 18543 75 7 Cash in companys office 1492 66 8 Cash deposited in banks 31708 38 9 Bills receivable 28636 71 10 Agents ledger balances 10702 93 Suspense account reinsurance to be refunded 343 94 11 Total net or ledger assets 365571 35 Other Assets 14 Interest accrued on mortgages 15 Interest accrued on bonds 16 Interest accrued on collateral loans 17 Interest accrued on stock 18 Interest accrued on other assets 5384 28 270 00 458 22 25 00 1122 38 Total carried out 23 Gross premiums due and unreported on policies in force December 31 1910 24 Gross deferred premiums on policies in force De cember 31 1910 Totals 25 Deduct loading New Business 26 Net amount of uneollect ed and deferred pre miums Kxtended at 27 Furniture fixtures safes and supplies Renewals 2524 43 13362 26 460 41 1105 74 2984 84 2073 62 911 22 14468 00 3820 72 10647 28 7259 88 11558 50 6249 54 28 Total assets as per the books of the company 390639 27CoMPTKOLLERGrEK EEAL s BePORT 345 Items Not Admitted 2 Furniture fixtures and safes 3 Collateral loans Moorefield Bishop 5 Agents balances 6 Premium notes and loans on policies and net premiums in excess of the net value of their policies 7 Bills receivable 8 Supplies printed matter and stationery Total 9 Total assets less items not admitted 3749 54 2855 82 10702 93 2425 35 28636 71 2500 00 50870 35 339768 92 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed to The Actu aries Table of Mortality with four per cent interest Deduct net value of risks of this company reinsured in other solvent companies Net reinsurance reserve 3 Claims for death losses due and unpaid reported and no proof secured 190902 00 2038 00 188864 00 2000 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due pol icyholders 13 Amount due on account of salaries rents and office ex penses 14 Amount due by the company for medical fees 15 Amount due for State county and municipal taxes due or accrued 17 Liabilities on polieyholders account 21 Estimated surplus accrued on all other policies Capital stock 1 Premium notes loans or liens on hand De cember 31 of previous year 14049 62 2000 00 6721 51 782 08 630 00 1132 53 200130 12 39638 80 100000 00 Total liabilities 339768 92 VIPremium Note Account346 ComptbollebGtenebals Eepoet 2 Premium notes loans or liens received dur ing the year on new policies 91287 on old policies 2771382 total 28626 69 Total Deductions during the year as follows Voided by lapse 665442 redeemed by maker in cash 2140532 total 42676 31 28059 74 Balance note assets at end of the year 14 616 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 Number and amount of policies on the lives of citi zens of Georgia issued during the year 287 459000 00 70 116500 00 Total 357 575500 00 Ueduct number and amount which have ceased to be in force during the year ig5 Total number and amount of policies in force in 250500 00 Georgia December 31 1910 192 325000 00 Amount of premiums collected or secured in Georgia during the year in cash or notes or credits without any deduction for losses dividends commissions or other expenses 1388033 THE BANKERS RESERVE LIFE COMPANY OP OMAHA NEBRASKA B H Robison President R C Wagner Secretary Home Office Omaha Nebraska Wm A Wright Atlanta Attorney for Service in Georgi ICapita Stock 1 Amount of capita paid up in cash 100000 00 2 Amount of ledger assets December 31 of previous year 2023660 14 4 Extended at 2023660 14COMPTKOLLERGrENEKAL s BEPORT 347 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 64364 for first years reinsurance 159412 84 7 Total first years premiums on original policies 159412 84 8 Dividends applied to purchase paidup ad ditions and annuities 410 27 9 Surrender values applied to purchase paidup insurance and annuities 2037 40 12 Total new premiums 161860 51 13 Renewal premiums without deduction for commissions or other expenses less 5 43942 for reinsurance on renewals 721225 69 14 Dividends applied to pay renewal pre miums 95784 60 18 Total renewal premiums 817010 29 19 Total premium income 978870 80 21 Dividends left with the company to accumulate at interest 1012 33 23 Gross interest on mortgage loans less 27815 accrued interest on mortgages acquired during 1910 25653 25 25 Gross interest on bonds and dividends on stocks less 86745 accrued interest on bonds acquired during 1910 57527 20 26 Gross interest on premium notes policy loans or liens 24364 35 27 Gross interest on deposits in trust com panies and banks 1605 75 33 Total gross interest and rents 109150 55 35 Suspense items credited 1274 48 40 From agents balances previously charged off 369 11 43 Total income 1090677 27 IIIDisbursements 1 For death claims less 500000 reinsur ance 107387 00 3 Net amount paid for losses 107387 00 5 Premium notes voided by lapse less 525709 restorations 14874 58348 omptbollerGenebals Repoet 6 Surrender values paid in cash or applied in liquidation of loans or notes 43760 53 8 Surrender values applied to purchase paidup insurance and annuities 2 037 40 9 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes 820 35 10 Dividends applied to pay renewal premiums 95784 60 12 Dividends applied to purchase paidup additions and an nuities 410 27 13 Dividends left with the company to accumulate at interest 1012 33 14 Total paid polieyholders 266087 06 15 Expense of investigation and settlement of policy claims 229 68 18 Paid stockholders for interest or dividends 10000 00 19 Commissions to agents less commission on reinsurance First years premiums 11814609 renewal premiums 1562870 total 133774 79 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 34355 25 24 Medical examiners fees 938250 inspection of risks 388459 total 13267 09 25 Salaries and all other compensation of officers directors trustees and home office employees 48 167 40 26 Bent 2700 00 27 Advertising 300182 printing and stationery 501210 postage telegraph telephone and express 484442 ex change 69169 total 13550 03 28 Legal expense lj303 50 29 Furniture fixtures and safes 595 oi 32 State taxes on premiums 14659 72 33 Insurance department licenses and fees 1 659 37 34 All other licenses fees and taxes viz Local licenses 20000 State bonds 7000 publication of statements 41302 total 683 02 38 Other disbursements viz Loss and gain items 29490 investment expenses 21218 surety bond premiums 17788 office expense 274401 traveling expense 2 2S340 TJ S Government excise tax 179721 local taxes 6338 total 7 872 96 45 Agents balances charged off 1957 82 48 Total disbursements 550 862 70 TVLedger Assets 2 Mortgage loans on real estate first liens 624300 00 4 Loans made policyiholders on this companys policies as signed as collateral 325 281 40 5 Premium notes on policies in force 74680 81ComptrollerGenerals Eeport 6 Book value of bonds 7 Cash in companys office 73757 deposits in trust com panies and banks on interest 13668803 total 10 Agents balances debit 229100 credit 21138 net 12 Total ledger assets 349 1379707 28 137425 60 2079 62 2563474 71 NonLedger Assets 13 Interest accrued on mortgages 14 Interest accrued on bonds 16 Interest accrued on premium notes pol icy loans or liens 11040 31 11116 85 2049 55 21 Total interest accrued Renewals 25 Gross premiums due and unreported on policies in force December 31 1910 20919 86 26 Gross deferred premiums on policies in force December 31 1910 1011 40 24206 71 27 Totals 28 Deduct loading 21931 26 5779 24 29 Net amount of uncollected and deferred premiums 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 45 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 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 1849999 00 2 American Experience Table at 3 per cent KKeig 00 Total 201361100 6 Deduct net value of risks of this company reinsured in other solvent companies 3742 00 16152 02 2603833 44 2291 00 2601542 44 g Net reserve 2009869 00350 ComptrollerGeneral s Report 10 Liability oti policies cancelled and not included in net reserve upon which a surrender value may be de manded 13 Claims for death losses which have been reported and no proofs received 10 500 00 15 Claims for death losses and other policy claims resisted by the company 1 250 00 17 Total policy claims 19 Dividends left with the company to accumulateat inter est and accrued interest thereon 20 Premiums paid in advance including surrender values so applied 21 Unearned interest and rent paid in advance 26 Medical examiners fees 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 36 United States Government corporation excise tax on net earnings 44 Capital stock 45 Unassigned funds surplus 1390 36 11750 00 1090 00 5417 77 8699 32 941 00 15034 28 2145 22 2042 76 100000 00 443162 73 46 Total 2601542 44 VTPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 61 955 64 2 Received during the year on old policies 157294 90 Total 4 Deductions during the year as follows Voided by lapse 14874 58 redeemed by maker in cash 129695 24 total 219250 63 144569 82 10 Balance of note ivs it 74680 81 KT J W Peak Secretary at end of year i CITIZENS NATIONAL LIFE INSURANCE CO OE ANCHORAGE Chas D Pearce President Principal Office Anchorage Kt E L Moore Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash on basis change made January 1 457897 50 1911ComptrollerGenerals Beport 351 Amount of capital sub scribed but unpaid or partly paid 292102 50 Amount of net or ledger assets May 23 1910 Increase of capital during 1910 1797114 24 64308 75 Extended at 1861422 99 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new pol icies 3 From premiums applied to pay running premiums 4 From surrender values applied to pay run ning premiums Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 2259 renewals 171596 total 38391 00 295859 83 18891 07 178 94 353320 84 1738 55 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property including 650000 for companys own occupancy 19 From all other sources viz Surplus from sale of stock 36629972 inspection of loans 120396 trustees fees 5000 profit on sale of ledger assets 4245 surplus created by reduction of capital stock 58415875 total 351582 29 11804 62 10027 50 11957 66 15824 56 6875 00 951754 88 Total income 1359826 51 IIIDisbursements for the Year 31000 00 1 Cash paid for death claims including re visionary additions 7 Total net amount actually paid for losses 8 Cash paid to annuitants 31000 00 93 98352 omptrollerGenebal s Report 9 Premium notes or liens voided by lapse 10 Cash dividends paid polieyholders 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 polieyholders 16 Cash paid stockholders for dividends 17 Cash paid for commissions and bonuses to agents less commision on reinsurance new policies 2207169 re newals 465030 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 619850 inspec tion of risks 120336 total 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 22 Cash paid for taxes on reserves and investments 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent including 650000 companys occu pancy 26 Cash paid for furniture fixtures and safes for home and cy offices 27 Cash paid for advertising 923278 printing 1259141 total 28 Cash paid for real estate expenses other than taxes 41949 for legal expenses 112003 total 9 Cash paid for the following items viz Policy claim ex pense 89220 postage telephone telegraph and ex press 767640 exchange 52346 traveling expenses 889517 stock commissions 3802192 general ex pense 668426 allowance for organization 7193750 stock dividend Citizens Life 17226000 loss on ledger assets 1009353 suspense items disbursed 4 04916 service contract compensation 2524457 total SO Total disbursements 104 49 143 48 18891 I 07 443 60 36687 26 178 94 87542 82 17322 00 26721 99 50002 79 7401 86 85428 88 7945 13 6197 24 9787 85 4588 46 21824 19 1539 52 346278 17 672580 90 IVAssets as Per Ledger Accounts 1 Ost value of real estate exclusive of all incumbianees 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 polieyholders on this companys policies assigned as collateral 70131 00 467030 00 71350 00 394849 22CoMPTROLLERGrENERAL s REPORT 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase T Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances Accounts receivable 27825 stock notes 36440367 balance on subscriptions 661400 total 11 Total net or ledger assets 12 Deduct depreciation fromcost of assets to bring same to market value 353 102307 07 531695 00 315 00 454787 36 100 00 84808 03 371295 92 2548668 60 11437 50 13 Total net or ledger assets less depreciation 2537231 10 Other Assets 14 Interest accrued on mortgages 8503 41 15 Interest accrued on bonds and stocks 1440 79 16 Interest accrued on collateral loans 2347 34 17 Interest accrued on premium notes loans or liens 931 59 18 Interest accrued on other assets 500 00 Total carried out 20 MaTket value of real estate over cost New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 16884 91 48257 63 24 Gross deferred premiums on policies in force De cember 31 1910 2037 65 7578 84 Totals 25 Deducting loading 61 per cent actual o n new and 22 per cent actual on re newals 18922 56 55836 47 11602 59 12313 63 26 Net amount of uncollect ed and deferred pre miums Extended at 7319 97 43522 84 13723 13 50830 00 50842 81354 ComptrollerGenerals Beport 27 Furniture fixtures and safes 1050000 premium notes in addition to item 5 530549 nonledger stock notes 38607000 total 401875 49 28 Total assets as per the books of the company 3054502 53 Items Not Admitted 1 Companys stock owned in excess of par value 158585 00 2 Furniture fixtures and safes 10500 00 3 Premiums notes and loans on policies and net premiums in item 26 in excess net value of policies 9249 11 4 Accounts receivable 278 25 5 Agents balances 90059 78 6 Deposits in bank in liquidation 14545 56 7 Bills receivable 100 00 8 Stock notes and balances ledger and non ledger 757087 67 Total 1040405 37 9 Total assets less items not admitted 2014097 16 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The American Experience Table of Mor tality with 3 and 3 per cent interests 1243554 00 Deduct net value of risks of this company insured in other solvent companies 16787 00 Net reinsurance reserve 1 226 767 00 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 10000 00 6 Claims for death losses and other policy claims resisted by the company 3750 00 Total policy claims 13 750 00 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 4 713 77 11 Amount of unpaid dividends to stockholders 2556 50 12 Amount of National State or other taxes due 4 500 09 13 Amount due on account of salaries rents office expenses medical fees bills and accounts 5594 30 ComptrollerGenerals Report 355 16 Amount of any other liability of the company viz Premiums paid in advance 15604 interest paid in ad vance 950534 commissions due agents wlhen notes are paid 110814 service contract commissions due and accrued 4771726 items in suspense 182326 reinsurance premiums accrued 97458 liability on ac count of Owensboro Savings Bank case 2254422 par tial payments made on stock notes 3526007 total 119088 91 17 Liabilities on polieyholders account 1376970 57 18 Gross surplus on polieyholders account 637126 59 19 Total liabilities 2014097 16 VIPremium Note Account 1 Premium notes loans or liens on hand May 23 1910 54224 99 2 Premium notes loans or liens received dur ing the year on new policies 510515 on old policies 89742 33 total 94847 48 Total 149072 47 Total reduction of premium note account 46765 40 Balance note assets at end of the year 102307 07 Business in the State of Georgia During the Year Number and amount of policies on the lives of citi zens of Georgia in force May 23 1910 427 1158700 00 FnraliC and amount of policies on the lives of citi zens of Georgia issued during the year 343 901046 00 Total 770 2059746 00 Deduct number and amount which have ceased to be in force during the year 116 308305 00 Total number and amount of policies in force in Georgia December 31 1910 654 1751441 00 THE COIUMBIA LIFE INSURANCE COMPANY OP CINCINNATI O Felix G Cross President Sumner M Cross Secretary Home Office Cor 4th and Elm Cincinnati Ohio TCaital Stock 1 Amount of capital paid up in cash 181439 48356 omptbollerGenebal s Report 2 Amount of ledger assets December 31 of previous year 562218 12 3 Increase of capital during the year 3239 48 4 Extended at 565457 60 IIIncome 5 First years premiums on original poli cies without deduction for commissions or other expenses less 46056 for first years reinsurance 30870 98 7 Total first years premiums on original policies 30870 98 9 Surrender values applied to purchase paid up insurance and annuities 2114 93 10 Consideration for original annuities in volving life contingencies 100 00 12 Total new premiums 33085 91 13 Renewal premiums without deduction for commissions or other expenses less 5 44767 for reinsurance on renewals 103122 37 14 Dividends applied to pay renewal pre miums 5367 67 16 Surrender values applied to pay renewal premiums 68 98 18 Total renewal premiums 108559 02 19 Total premium income 141644 93 21 Dividends left with the company to accumulate at in terest 826 87 23 Gross interest on mortgage loans 15102 29 25 Gross interest on bonds and dividends on stoeks less 17917 accrued interest on bonds acquired during 1910 6915 81 20 Gross interest on premium notes policy loans or liens 2981 25 27 Gross interest on deposits in trust companies and banks 1263 62 28 Gross interest on other debts due the compauy viz Interest on overdue interest 16081 interest on stock note 2500 interest on traveling expense debit 220 total 188 01 34 From other sources viz Premium on capital stock 11 00000 health and accident department income 35 39816 premiums with applications 33296 nineteen deferred installments on death loss 360000 sundry creditors 1382 total 50344 94 41 Gross profit on sale or maturity of ledger assets viz fiends 25 00 43 Total income 219 292 72 omptrollerGteneeals Report 111Disbursements For death claims 15723 61 357 10 13 Net amount paid for losses For annuities involving life contingencies Surrender values paid in cash or applied in liquidation of loans or notes Surrender values applied to pay renewal premiums Surrender values applied to purchase paidup insurance and annuities Dividends applied to pay renewal premiums Dividends left with company to accumulate at interest 14 Total paid policyholders 16 Paid for claims on supplementary contracts not involving life contingencies 17 Dividends and interest thereon held on deposit surren dered during the year 19 Commissions to agents less commission on reinsurance First years premiums 1887074 renewal premiums 771265 total 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Branch office expenses including salaries of managers and clerks Medical examiners fees 577950 inspection of risks 23295 total Salaries and all other compensation of officers directors trustees and home office employees Bent including 150000 for companys occupancy of its own buildings Advertising 83261 printing and stationery 338068 postage telegraph telephone and express 154956 ex change 184 total Legal expen ses Furniture and fixtures and safes State taxes on premiums 33 Insurance department licenses and fees 34 All other licenses fees and taxes viz Chattel taxes Ohio 38 All other disbursements viz Discount on note 4583 discount on premiums 2287 mortuary loan expenses 2910 general expense 75860 traveling expense ad ministration 156865 commission on stock sale 5000 return premium liability 1200 health and ac cident department disbursements 32545 75 total 22 23 21 25 26 27 28 29 32 15723 61 60 11 16374 88 68 98 2114 93 5367 67 826 87 40537 05 250 00 342 72 26583 39 6040 87 3511 72 3234 07 6012 45 24243 30 1500 00 5764 69 1324 32 2500 00 37 73 85 45 42 51 35032 80358 ComptrollerGenerals Report 4o Advance stock sales 15000 advertising ordinary 3 46216 total 3612 16 46 Gross loss on sale or maturity of ledger assets viz Bonds 141 99 48 Total disbursements 160797 22 IVLedger Assets 2 Mortgage loans on real estate first liens 4 Loans made to polieyholders on this companys policies assigned as collateral 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 10 Bills receivable 38420 agents balances debit 71536 health and accident 940223 ordinary total 10 11759 credit 254 net 1011505 total 11 Furniture and fixtures 245054 commuted premium loans 4757744 total 297260 00 35393 93 190754 61 1061 43 500 00 38455 90 10499 25 I 50027 98 12 Total ledger assets 623953 10 NonLedger Assets 13 Interest due 164350 and accrued 4 68261 on mortgages 6326 11 14 Interest accrued on bonds i 376 11 16 Interest accrued on premium notes policy loans and com mission premium loans 8 684 77 17 Interest due on other assets viz Bank balances 297 69 21 Total interest and rents due and accrued 25 Gross premiums due and unreported on policies in force December 31 1910 less reinsurance premiums 26 Gross deferred premiums on policies in force De cember 31 1910 less reinsurance premiums New Business Renewals 9149 37 13059 38 13987 56 5168 58 27 Totals 22208 75 19156 14 16684 68 81 omptrollerGenerals Rkpobt 28 Deduct loading 55 per cent on new busi ness and 18 per cent on renewals 12214 81 3543 89 9993 94 15612 25 29 Net amount of uncollect ed and deferred pre miums Extended at 30 All other assets viz Unpaid premiums health and acci dent department less cost of collection 359 25606 19 334 34 35 Gross assets 666578 31 Deduct Assets Not Admitted 37 Furniture fixtures and safes 2450 54 38 Agents debit balances gross 10117 59 40 Bills receivable 384 20 42 Book value of ledger assets over market value viz Bonds 3563 65 Total 16515 98 45 Admitted assets 650062 33 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com pany on the following tables of mortal tality and rates of interest viz 1 Actuaries table at 4 per cent on inter state assurance business issued during 1900 and 1901 88561 00 2 American Experience table at 3 per cent on interstate insurance business issued fTom November 1 1901 to Aug ust 13 1904 91098 00 3 American Experience table at 3xo per cent on Columbia business issued from 1903 to date 216015 00 5 Net present value of annuities includ ing those in reduction of premiums For reduction of premiums 476 00 Total 446150 00360 ComptrollerGenerals Report 6 Deduct net value of risks of this company reinsured in other solvent companies 5265 00 7 Reserve to provide for health and acci dent benefits contained in life policies 440885 00 90 68 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the actuary of the Ohio State Department 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 executor not appointed 2000 00 15 Claims for death losses or other poliey claims resisted by the company 1000 00 440975 68 6334 00 139 17 17 19 20 21 23 25 27 31 35 39 44 45 Total policy claims Dividends left with the company to accumulate at inter est and accrued interest thereon Premiums paid in advance including surrender values so applied Unearned interest and rent paid in advance Commissions to agents due or accrued Salaries rent office expenses bills and accounts due or accrued Medical examiners fees 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 Reserve special or surplus funds not included above viz Health and accident reserve 154029 health and acci dent premiums paid in advance 89793 health and ac cident claims not adjusted estimated 154299 total All other liabilities viz Reinsurance 6032 premiums to be refunded 4400 premiums with applications policy not issued 33296 due otheT companies 1382 total Capital stock lT7iassigned funds surplus 3000 00 3317 so 765 54 803 29 1020 30 522 57 40 00 290 14 482 07 3981 21 451 10 181439 48 6499 98 46 Total 650062 33ComptrollerGenerals Beport 361 Business in the State of Georgia During the Year No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year 2321 2803168 00 17 Policies on the lives of citizens of said State issued during the year 5578 1602318 00 7899 2768 4405486 00 1011167 00 15023 61 18 Total 19 Deduct ceased to be inforce during the year 20 Policies in force December 31 5131 3394319 00 No Amount 22 Losses and claims incurred during year 26 17023 61 24 Losses and claims settled during the year in cash 1129861 by compromise 12500 un paid installments 360000 total 25 Losses and claims unpaid December 31 no ad ministrator for estate appointed 2000 00 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 10225681 COLUMBIAN NATIONAL LIFE INSURANCE COMPANY OP BOSTON MASS Arthur E Childs President Wm H Brown Secretary Principal Office 176180 Federal St Boston Mass Alfred C Newell Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 1000000 00 Amount of net or ledger assets December 31 of previous year 5153796 62 Decrease account accident and health pre miums in course of collection December 31st 1901 10322 20 Extended at 5143474 42 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 304890 04 IV Cash received for renewal premiums without deductions for commissions or other expenses 913763 32362 ComptbollebGtenebals Report 2 Premium notes loans or liens taken in part payment for premiums on new policies 48264 09 2 Premium notes loans or liens taken in part payment for renewal premium 151653 95 3 Prom dividends applied to pay running premiums 35137 78 3 Prom dividends applied to purchase paid up additions and annuities 2139 72 4 Prom surrender values applied to pay run ning premiums 1010 08 4 From surrender values applied to pur chase paidup insurance and annuities 18513 97 5 Consideration for annuities other than matured installment policies 2326 70 Total 1277699 65 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 163914 renewals 732483 total 8963 97 7 Total premium income life 1268735 68 8 Cash received for interest on mortgage loans 65429 35 9 Cash received for interest on bonds owned and dividends on stock 110242 54 10 Cash received for interest on premium notes loans or liens 29819 76 11 Casih received for interest on other debts due the company 6786 00 14 Cash received for profits on sales of bonds or stocks 16050 mortgages 111928 total 1279 78 19 Prom all other sources viz Accident and health depart ment premiums 98876 83 20 Advance deposits account pending insurance 1665 72 21 Agents balances previously charged off 10 00 22 Increase by adjustment in book value of bonds 1582 99 Total income 1584428 65 TTIDisbursements for the Year 1 Cash paid for death claims including re visionary additions 275433 21 5 Cash paid for sums falling due during the year on installment policies 1000 00 Total 276433 21 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 25314 46 7 Total net amount actually paid for losses 251118 75 omptroklerGenebal s Bepoet 363 9 Premium notes loans or liens used in purchase of surren dered policies 136108 voided by lapse 2110109 less 99692 revived 9 Premium notes loans or liens used in payment of divi dends to polieyholders 10 Cash dividends paid polieyholders 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 10 17 28 29 Total paid to polieyholders Cash paid to stockholders for interest on dividends Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 5430798 re newals 3477429 commuted renewal commission 4 50717 total Cash paid for salaries and allowances to managers and agents and branch office expense Cash paid for medical examiners fees 1111587 inspec tion of risks 346197 total Cash paid for salaries and all other compensation of offi cers and other home office employees Cash paid for taxes on premiums Cash paid for insurance department fees and agents licenses 362170 municipal licenses 82546 total Cash paid for rent less 179262 received under sublease Investigating death claims including 125750 legal ex pense Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 325863 printing 750626 postage telegraph and telephone etc 1110415 total Cash paid for legal expenses Cash paid for the following items viz Home office ex pense and traveling Agents balances charged off 2938942 decrease by ad justment book value of bonds 768525 total Accident and health department including 4405121 losses and 2727475 commissions 22462 17 3901 57 5268 90 35137 78 2139 72 119648 69 1010 08 18513 97 456754 97 70000 00 93589 44 115048 96 14577 84 84385 67 15056 94 4447 16 30667 68 3352 48 1735 05 21869 04 3163 55 12450 04 37074 67 104205 46 30 Total disbursements IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 1458100 00364 ComptrollerGenerals Beport 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 2477991 was received during the year i lost value of stocks and bonds owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Caslh deposited in banks 9 Bills receivable 10 Agents ledger balances Dr 4397188 Cr 44911 net Contingent funds subject to draft by cashiers Accident and health premiums in course of collection 572857 41 97131 94 3169210 47 4302 81 268336 80 30449 70 43522 77 500 00 12112 23 13 Total ledger assets as per balance above 5656524 12 Other Assets 14 Interest accrued on mortgages 15814 96 15 Interest accrued on bonds and stocks 40715 98 17 Interest due 223691 and accrued 2 55971 on premium notes loans or liens 4796 62 18 Interest due 17582 and accrued 8729 on bank balances 263 11 Total carried out New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 24 Gross deferred premiums on policies in force De cember 31 1910 Totals 25 Deducting loading aver age 183 per cent 26 Net amount of uncollect ed and deferred pre miums Extended at 17883 69 108227 14 7648 94 55618 84 25532 63 163845 98 4672 47 30264 86 20860 16 133581 12 61590 7 28 Total assets as per the books of the company Items Not Admitted 2 Deposited in banks in hands of receivers 3 Book value of bonds and stocks over mar ket value 154441 28 5872556 07 367 77 92022 47ComptbollebGeneeals Eepoet 365 4 Cash advanced to or in the hands of offi cers or agents contingent funds 5 Agents balances debit 6 Loading on premium notes 7 Bills receivable 8 Accident and health premiums in eourse of collection written prior to October 1 1910 500 00 43971 88 17775 15 30449 70 982 63 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 1910 computed according to the American Experience Table of Mor tality with 3 per cent interest by Massachusetts Insurance Department Deduct net value of risks of this company reinsured in other solvent companies 186069 60 5686486 47 4048400 00 4314 00 5 Net reinsurance reserve 3 Claims for death losses due and unpaid 4 Claims for death losses reported no proof received 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 Liability on policies cancelled upon which a surrender value may be demanded 4044086 00 9 420 66 20432 50 1760 00 2960 50 15937 00 1853 02 Total policy claims 10 Amount of all unpaid dividends due policyholders upon payment of outstanding and deferred premiums 11 American Investment Securities Co 12 Amount of National State or other taxes accrued 13 Amount due on account of salaries rents and office ex penses 14 Balance from sale at foreclosure OBrien mortgages 15 Held on account of pending insurance 16 Amount of anv other liability of the company viz Pre miums paid in advance 424906 interest paid in ad vance 755110 433663 68 7037 94 21943 51 8301 65 3674 59 3773 03 8665 72 11800 16366 ComptrollerGenerals Report Accident and health department including unearned pre miums 4077635 losses 729500 commissions 3 45017 5384019 17 Liabilities on policyholders account 4206 486 47 18 Gross surplus on policyholders account including capital stock 100000000 1480000 00 19 Total liabilities TlwTr VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 98 ggs Q2 2 Premium notes loans or liens received during the year on new policies 48 26409 on old policies 15165395 total 199918 04 3 Restored by revival of policies 996 92 tal 299579 98 Amount ot notes loans or liens used in purchase of surrendered policies 1361 08 Amount of notes loans or liens voided by laPse 22098 01 Amount of notes loans or liens used in payment of dividends to policyholders 3901 57 Amount of notes loans or liens redeemed by maker in cash 175087 38 Total reduction of premium note account 202 448 04 Balance note assets at end of the year 97131 94 Life BusinesB in the State of Georgia During the Year Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 376 Q Number and amount of policies on the lives of citi zens of Georgia issued during the year 202 534 338 00 Ttal 1 578 1502765 00 Deduct number and amount which have ceased to be in force during the year 87 199545 00 Total number and amount of policies in force in Georgia December 31 1910 491 1303220 00 Amount of premums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividend lTZTS r ther exPenses viz a 2482407 notes or credits 1096969 total 3579376 life 916470 accident and healthCompteolleeGtenerals Bepoet 367 COMMERCIAL LIFE INSURANCE AND CASUALTY COMPANY OP SAVANNAH GEORGIA Wm W Williamson President C A Langford Secretary Principal Office Savannah Georgia ICapital Stock 1 Amount of capital stock paid up in cash 188090 00 2 Amount of surplus paid up in cash 94047 00 Extended at 282140 00 IIIncome Luring the Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 8054 20 Total 8054 20 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 46 60 7 Total premium income 8007 60 10 Cash receiped for interest on premium notes loans or liens 145 65 11 Cash received for interest on other debts due the com pany stock subscriptions 1j799 87 19 Prom all other sources viz Premuims paid in advance 13233 overpayment by agent 36 cents 132 69 Total income 10085 81 IIIDisbursements During the Year 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 4253 51 18 Cash paid for salaries and allowances to managers and agents agency supervision 513908 traveling ex penses of agents 13488 total 5273 96 19 Cash paid for medical examiners fees 64000 inspection of risks 18820 total 828 20 2d Cash paid for salaries and all other compensation of offi cers and other home office employees 6033 60 23 Cash paid for insurance department fees and agents licenses 16250 municipal licenses 18650 total 349 00 24 Cash paid for rent 621 38 26 Cash paid for furniture fixtures and safes for home and agency offices 733 80 368 omptrollerGenebal s Report 27 Cash paid for advertising 45354 printing stationery and supplies 195408 total 28 Cash paid for legal expenses 29 Cash paid for the following items viz Organization ex penses traveling and hotels 197475 books and ink or to journals 6736 postage 31543 express freight and dray age 4033 telegraph and telephone 8996 traveling expenses of officers and employees 10060 fidelity bond premiums 13750 exchange 7991 mis rellaneous repairs signs lettering etc 72207 total 30 Total disbursements IVAssets as Per Ledger Accounts 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in company s office 8 Cash deposited in hanks 9 Bills receivable stock subscription only 10 Advances to agents and agency supervisors 13 Total net or ledger assets Other Assets 15 Indies due on bonds 2170 00 16 Interest accrued on certificates of deposit 32 22 18 Interest due on funds in bank savings department 437 59 19 Interest due on bills receivable 40 34 Total carried out 21 Market value of bonds and stocks over cost New Business 24 Gross deferred premiums on policies in force December 31 1910 249 49 25 Deduct loading jgrj 23 26 Net amount of uncollected and deferred premiums 69 26 Extended at 27 Furniture and fixtures and safes Inventory of stationery and supplies 28 Total assets as per the books of the company 2407 57 513 49 3527 91 24542 48 101939 48 35487 47 109169 32 20487 00 600 00 267683 33 2680 06 1947 10 69 26 660 42 500 00 273540 17ComptrollerGenerals Beport Items Not Admitted 2 Furniture fixtures and safes 660 42 4 Cash advanced to or in the hands of offi 600 00 cers or agents 7 Bills receivable 2048700 and accrued interest on same 4034 total 20527 34 8 Supplies printed matter and stationery 500 00 Total 9 Total assets less items not admitted 369 22287 76 251252 41 Liabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The American Experience Table of Mor tality with 3 per cent interest 1697 00 Deduct net value of risks of this company reinsured in other solvent companies Net reinsurance reserve 13 Amount due on account of salaries rents and office ex penses being current months bills payable January 10 16 Amount of any other liability of the company viz Pre miums paid in advance 13233 overpayment by agent 36 cents total 17 Liabilities on polieyholders account 18 Gross surplus on policyholder s account 19 Total liabilities Business in the State of Georgia During the Year 1693 20 1336 09 132 69 3161 98 248090 43 251252 41 No Amount 118 242500 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year Total number and amount of policies in force in Georgia December 31 1910 Amount of premiums collected or secured in Georgia during the year with out any deduction for losses dividends commissions or other expenses Cash 805420370 ComptrollerGenerals Report connecticut mutual life insurance company of hartford connecticut John M Taylor President Wm H Deming Secretary Home Office 36 Pearl Street Hartford Conn Oscar Palmer Atlanta Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets December 31 of previous year 6638308202 less sus pense account of 1909 adjusted 24 92151 66358160 51 4 Extended at 66358160 51 IIIncome During the Year 5 First years premiums on original poli cies without deduction for commis sions or other expenses 626831 57 6 Surrender values applied to pay first years premiums 1528 95 7 Total first years premiums on original policies 628360 52 8 Dividends applied to purchase paidup la additions and annuities 26700 29 10 Consideration for original annuities in volving life contingencies 8392 25 11 Consideration for supplementary contracts involving life contingencies 469 06 12 Total new premiums 666142 79 13 Renewal premiums without deduction for for commissions or other expenses 4583723 47 14 Dividends applied to pay renewal pre miums 906860 57 16 Surrender values applied to pay renewal premiums 1291 46 18 Total renewal premiums 5491875 50 19 Totiil premium income 6158018 29 20 Consideration for supplementary contracts not involving life contingencies 5677 95 21 Dividends of 1910 left with the company to accumulate at interest 204331 50 23 Oross interest on mortgage loans 1231088 90ComptrollerGeneral s Report 371 1 For death claims i 2 For matured endowments Gross interest on bonds and dividends on stocks Gross interest on premium notes policy loans or liens Gross interest on deposits in trust companies and banks Gross interest on other debts due the company Gross interest on land contracts Gross discount on claims paid in advance Gross rent from companys property including 3500000 for companys occupancy of its own buildings Total gross interest and rents Gross profit on sale or maturity of ledger assets viz Real estate 2357312 bonds 16431462 total Gross increase by adjustment in book value of ledger assets viz Bonds including 558319 for accrual of discount 1206846 29 249607 05 18503 86 166 30 38595 69 1035 41 309329 65 3055173 15 187887 74 5583 19 43 Total income 9616671 82 IIIDisbursements 4384716 32 353818 80 3 Net amount paid for losses and matured endowments i 4 For annuities involving life contingencies Surrender values paid in cash or applied in liquidation of loans or notes Surrender values applied to pay new premiums 52895 to pay renewal premiums 129146 total 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 annuities Dividends of 1910 left with the company to accumulate at interest 9 10 12 4738535 12 23449 36 933478 90 2820 41 26700 29 293711 74 906860 57 2220 67 204331 50 Total paid policyholders 7132108 56 Expense of investigation and settlement of policy claims including 39799 for legal expenses 397 99 Paid for claims on supplementary contracts not involving life contingencies 1396 82 Dividends of 1908 and 1909 and interest thereon held on deposit surrendered during the year 73716 60 Commissions to agents less commission on reinsurance First years premiums 22516956 renewal premiums 31583250 annuities original 20250 total 541204 56 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 12721 50372 ComptrollerGeneral s Report 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 10510 78 23 Branch office expenses including salaries of managers and clerks 32907 28 24 Medical examiners fees 3185099 inspection of risks 145914 total 33310 13 25 Salaries and all other compensation of officers directors trustees and home office employees 211956 37 26 Kent including 3500000 for companys occupancy of its own buildings 51911 19 27 Advertising 403064 printing and stationery 33 59088 postage telegraph telephone and express 26 45778 exchange 142841 total 65507 71 28 Legal expenses 5762 70 29 Furniture fixtures and safes 1 8K 73 30 Repairs and expenses other than taxes on real estate 174440 74 31 Taxes on real estate 114533 69 32 State taxes on premiums 63921 85 33 Insurance department licenses and fees 5000 94 34 All other licenses fees and taxes State county and municipal 203918 franchise Conn 13983533 re serve 1286187 total 154736 38 38 Other disbursements viz Clerk hire of farm loan in spector 90000 traveling expenses 1891064 miscel laneous expenses entertainment of agents 12395 re cording fees 30120 safe rent 1000 premium on agents bonds 5500 fire insurance office furniture at agencies 277 exchange of registered bonds for cou pon bonds 22000 lock repairing 6060 clock re pairing 300 agents office supplies 1078 total 20597 94 46 Gross loss on sale or maturity of ledger assets viz Real Estate 18285000 bonds 559098 total 188440 98 47 Gross decrease by adjustment in book value of ledger assets viz Bonds including 1298703 for amortiza tion of premiums 12987 03 48 Total disbursements 8909944 47 IVLedger Assets 1 Book value of real estate 5289748 27 2 Mortgage loans on real estate first liens 29360833 19 4 Loans made to policyholders on this companys policies assigned as collateral 4779231 55 5 Premium notes on policies in force 281281 42 i Hook value of bonds 2487737900 and stocks 724 77575 total 25602154 75 9 Deposits in trust companies and hanks on interest 1087990 37 10 Bills receivable 7500 agents balances debit 21372 total 288 72ComptbollebGtenerals Repobt 373 n Real estate sold under land contract balance purchase price 68753911 less suspense account unadjusted monthly payments 2373300 total 663806 11 12 13 14 16 18 19 20 21 25 26 28 29 Total 67065334 38 Less agents credit balances 446 52 Total ledger assets 67064887 86 NonLedger Assets Interest due 1362181 and accrued 77284082 on mortgages 786462 63 Interest accrued on bonds 248317 63 Interest due 13981668 and accrued 748457 on premium notes interest due 920689 on policy loans or liens total 156508 14 Interest due 260183 and accrued 11 84329 on land contracts 14445 12 Declared dividends 6184 50 Bents due 148731 and accrued 6 53417 on companys property or lease 8021 48 Total interest and rents due and accrued 1219939 50 New Business Renewals Gross premiums due and unreported on policies in force December 31 1910 6658 12 151705 75 Gross deferred premiums on policies in force De cember 31 1910 62448 91 437665 20 Totals 69107 03 589370 95 Deduct 20 per cent for loading 13821 41 117874 19 Net amount of uncollect ed and deferred pre miums Extended at 55285 62 471496 76 526782 38 35 5 Gross assets 68811609 74 Deduct Assets Not Admitted 38 Agents debit balances gross 40 Bills receivable 213 72 75 00374 ComptrollerGeneral s Report 41 Premium notes and loans on policies and net premiums in excess of the net value of their policies 42 Book value of ledger assets over market value viz Bonds and stocks 2245 00 434165 75 Total 436699 47 45 Admitted assets 68374910 27 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 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 poli cies issued prior to April 1 1882 and all policies issued in exchange therefor 21150456 00 2 American Experience table at 3 per cent onall other policies except 1434 90000 or nonparticipat ing term insurance40980083 00 Same for reversionary ad ditions 3155 00 40983238 00 75810 00 200288 00 4 Other tables and rates viz A special table giving larger values than the American Table with 3 per cent inter est for the 1434900 of term insur ance mentioned above 5 Net present value of annuities including those in reduction of premiums Mc Clintocks tables with 3 per cent interest 8 Net reserve 62409792 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed at 3 per cent Liability on policies cancelled and not ineluded in net reserve upon which a surrender value may be de manded or is given by custom of the company 11 Claims for death losses due and unpaid 53967 12 12 Claims for death losses in process of ad justment or adjusted and not due 112 639 71 13 Claims for death losses which have been reported and no proofs received 142 267 00 10 19362 79 142229 00OMPTBOLLEKGrENEEAL s EePOBT 375 14 Claims for matured endowments due and 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 5622 00 5882 00 572 99 17 Total policy claims 19 Dividends left with the company to accumulate at inter est and accrued interest thereon 20 Premiums paid in advance 2778081 including surrender values to be so applied 488835 total 21 Unearned interest and rent paid in advance mortgage loans 39377 policy loans 11539268 total 25 Salaries rents office expenses bills and accounts due or accrued estimated 26 Medical examiners fees 27 State county and municipal taxes due or accrued esti mated taxes payable in 1911 on premiums of 1910 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 44 Capital stock 320950 82 32669 16 115786 45 2000 00 9177 00 65000 00 93058 08 3570840 13 46 Total 68374910 27 VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 309166 61 Total 30916661 Deductions during the year as follows 4 Used in payment of losses and claims 9939 49 5 Used in purchase of surrendered policies 1341 96 7 Used in payment of dividends to policy holders 13175 66 8 Redeemed by maker in cash 3428 08 9 Total reduction of premium note account 10 Balance of note assets at end of year Business in the State of Georgia During the Year No Policies on the lives of citizens of said state in force December 31 of previous year 627 27885 19 281281 42 Amount 1587122 00376 ComptrollerGenerals Report 135comptrollergeneral2092 black Policies on the lives of citizens of said State issued during the year 87 174641 00 Total 1761763 00 Deduct those ceased to be in force during the year 714 128219 00 Policies in force December 31 1910 667 1633544 00 No Amount Louses and claims unpaid December 31 of previous year 1 1000 00 Losses and claims incurred during the year 22 72765 00 Total 23 73765 00 Losses and claims settled during the year in cash 22 71265 00 Losses and claims unpaid December 31 1 2500 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 5463197 DBS MOINES LIFE INSURANCE COMPANY OF DES MOINES IOWA C E Rawson President Wilmot A Harbach Secretary Principal Office Seventh St and Grand Ave Des Moines Iowa Win A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets December 31st of previous year 2613450 81 Extended at 2613450 81 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions and other expenses 156939 20 IV Cash received for renewal premiums without deductions for commissions or other expenses 823064 26 3 Prom dividends applied to pay running premiums 6 342 92ComptrollerGenerals Report 377 3y2 From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pur chase paidup insurance and annuities 11750 09 25721 04 Total 1033817 51 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 32215 renewals 53156 total 863 71 7 Total premium income 8 Cash received for interest on mortgage loans 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property including 432000 for companys own occupancy 19 From all otiher sources viz Consideration for supple Tnentary contracts not involving life contingencies 1032953 80 94843 28 37106 01 924 64 25125 74 1772 40 Total income 1192725 87 IIIDisbursements for the Year 1 Cash paid for death claims including re visionary additions 293276 40 3 Cash paid for matured endowments and additions thereto 9100 00 5 Cash paid for sums falling due during the vear on installment policies 2344 26 7 Total net amount actually paid for losses and matured en dowments 8 Suspense premiums applied 9 Premium notes loans or liens voided by lapse 10 Cash dividends paid polieyholders 11 Gash 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 polieyholders 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 11704379 renewals 3018497 total 18 Cash paid for salaries and allowances to managers and agents 304720 66 1335 20 531 04 61157 50 16342 92 11750 09 163018 49 25721 04 584576 94 8000 00 147228 76 10545 82378 ComptrollerGenerals Eepobt 19 Cash paid for medical examiners fees 1692216 in spection of risks 305566 total 19977 82 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 52129 72 20 Cash paid for agency supervision and traveling ex penses of supervisors except at home office 8631 29 21 Cash paid for taxes on premiums 12 103 06 22 Cash paid for taxes on real estate 2435 52 23 Cash paid for insurance department fees and agents licenses 244266 municipal licenses 37300 total 2815 66 23 Cash paid for Federal income tax 74 34 24 Cash paid for rent including 432000 companys occu pancy 4320 00 25 Cash paid for postage telegraph telephone and express 4952 94 26 Cash paid for furniture fixtures and safes for home and agency offices 2339 00 27 Cash paid for advertising 346439 printing and station ery 473936 exchange 91521 total 9118 96 28 Cash paid for real estate expenses other than taxes 9 05105 for legal expenses 415395 total 13205 00 29 Cash paid for the following items viz Investigating policy claims 21121 loan expenses 24500 light 18863 miscellaneous 241074 total 3 055 58 30 Total disbursements ggg 510 j TVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 227194 03 2 Loans on mortgage first liens on real estate 1945989 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 706 298 36 5 Premium notes loans or liens on policies in force 8776 68 7 Cash in companys office 3192 38 8 Cash pfsited in banks 24429 47 10 Agents ledger balances 4786 3g 11 Total net or ledger assets 2920666 27 Other assets 14 Interest accrued on mortgages 36 908 13 17 Interest accrued on premiums notes loans or liens 8177 26 Total carried out 45085 39CompteollekGbnbeals Report 379 23 24 25 26 28 New Business Renewals Gross premiums due and unreported on policies in force December 31 1910 41066 40 41716 41 Gross deferred premiums on policies in force De cember 31 1910 125675 00 Totals 41066 40 16739141 Deducting loading 70 per cent on new and 13 per cent on re newals 30799 80 22597 84 Net amount of uncollect ed and deferred pre miums Extended at 10266 60 144793 57 5 Total assets as per the books of the company Items Not Admitted Agents balances 4786 35 Premium notes on policies in excess of net value 899 72 155060 17 3120811 83 Total 13778 07 Total assets less items not admitted 3107033 76 VLiabilities Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with four per cent interest American Ex perience at 3 per cent and Combined Experience at 4 per cent 2598730 10 Deduct net value of risks of this company reinsured in other solvent companies 434 33 Net reinsurance reserve Claims for death losses reported but no proofs received Present value of unpaid amounts on ma tured installment policies 2598295 77 22962 00 9414 64 Total policy claims 32376 64380 ComptrollerGenerals Report 11 Medical examiners fees due or accrued 1543 00 12 Amount of National State or other taxes due 5157 41 16 Amount of any other liability of the company viz Pre miums paid in advance 15233 11 Commissions to agents accrued 2595 98 17 Liabilities on policyholder s account 2655201 91 18 Gross surplus on policyholders account including capital stock 451831 85 19 Total liabilities 3107033 76 20 Estimated surplus accrued on tontine and other policies the profits upon which are especially reserved for that class of policies 306987 00 VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 9226 53 2 Premium notes loans or liens received dur ing the year on old policies 1412 12 Total 10638 65 Deductions during the year as follows Amount of notes loans or liens voided by lapse 531 04 Amount of notes loans or liens redeemed by maker in cash 1330 93 Total reduction of premium note account 1861 97 Balance note assets at end of the year S776 68 Business in the State of Georgia During line Year No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 149 294692 00 Number and amount of policies on the lives of citi zens of Georgia issued and reinstated during the year 68 5oo 00 To1 al 217 428192 00 Deduct number mid amount which have ceased to be in force during tlio year 48 95360 00 Total Dumber and amount of policies in force in Georgia December 31 1910 169 332832 00 Amount of premiums collected or secured during the year in Georgia with out any deduction for losses dividends commissions or other ex penses ash 1023670ComptrollerGenerals Report 381 EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GA a W Reid President Thos M Callaway Secretary Principal Office Atlanta Ga Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 558926 15 Extended at IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 1 Caslh received for renewal premiums without deductions for commissions or other expenses y 2 Premium notes loans or liens taken in part payment for premiums on new pol icies 2y2 Premium notes loans or liens taken in part payment for renewal premiums 3 From dividends applied to pay running premiums 3V2 From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay run ning premiums 558926 15 254785 28 206693 30 26574 18 112084 21 53584 48 525 62 81 25 Total 654328 32 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business renewals 116995 total 52106 5693 01 648635 31 130 19 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property 18 Monev borrowed 19 From all other sources viz 17385316 9310001 39309 7360 total ibiui 1084799 81 11171 45 6071 60 1971 86 396 50 149003 04 Total income 382 OMPTBOLLEBGrENEBAL s IIIDisbursements During 1 1 Cash paid for death claims including revisionaiy additions Eepobt he Year 87124 03 3896 27 25 841 25 3 Cash paid for sick and accident claims 5 Cash paid for sums falling due during the year on installment policies Total 116861 55 5000 00 6 Deduct amount received from other companies for losses or claims on policies of this company reinsured 7 Total net amount actually paid for losses 9 Premium notes loans or liens used in purchase of si dered 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 14 Surrender values applied to pay running premiums 15 Dividends left with the company to accumulate 111861 55 57429 83 600 69 53584 48 19 20 Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on remsuranee new policies 19037576 renewals 2028482 total 18 Cash paid for salaries and allowances to managers and agents agency rent and miscellaneous agency expense Cash paid for medical examiners fees 2920117 inspec tion of risks 255114 total 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 investments 23 Cash paid for insurance department fees and agents licenses 336664 and municipal licenses 24 Cash paid for rent less 161167 received under sublease 27 Cash paid for advertising 152689 printing 602795 total 28 Cash paid for legal expenses 29 Cash paid for the following items viz Postage tele graph and express 107771 exchange and collection charges 61100 traveling 180836 interest and dis count 737723 agents balances charged off 28533 investigation of claims 39100 miscellaneous expense home office 375559 total Less included above but not disbursed 650101 30 Total disbursements 525 62 9901 11 81 25 393 09 234377 62 210660 58 31582 25 31852 31 52161 62 2706 94 2410 40 3366 64 3916 62 21296 94 1200 00 15306 88 604337 19ComptrollerGenerals Report 383 in 11 IVAssets as Per Ledger Accounts Cost value of real estate exclusive of all ineumbrances 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 which 8604262 was received during the year Book value of bonds and stocks owned excluding accrued interest at time of purchase Cash in companys office Cash deposited in banks Bills receivable Agents ledger balances Accounts receivable Furniture and fixtures 9726 00 22457 93 12466 24 90592 07 231636 01 411967 50 5989 04 121511 77 99004 82 18494 69 3784 24 11758 46 Total net or ledger assets 1039388 77 Other Assets 14 Interest accrued on mortgages 1536 60 15 Interest accrued on bonds and stocks 2020 00 16 Interest accrued on collateral loans 100 87 17 Interest accrued on premiums notes loans or liens 9666 37 18 Interest accrued on other assets 4096 96 Total carried out 20 Market value of real estate over cost New Business 23 Gross premiums due and unreported on policies in force December 31 1910 34696 75 24 Gross deferred premiums on policies in force De cember 31 1910 2827 35 Renewals 22729 73 8798 47 Totals 25 Deducting loading 65 per cent on new and 20 per cent on renew als 37524 10 31528 20 17420 80 4500 00 24390 60 6305 64384 ComptrollerGeneral s Report 26 Net amount of uncollect ed and deferred pre miums Extended at 13133 50 25222 56 38356 06 28 Total assets as per the books of the company 1099665 63 Items Not Admitted 2 Furniture fixtures and safes 5 Agents balances 7 Bills receivable 8 Supplies printed matter and stationery policy liens and loans in excess of re serves Total 11758 46 18494 69 42422 69 23859 07 96534 91 9 Total assets less items not admitted 1003130 72 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with four per cent interest 638087 00 Deduct net value of risks of this company reinsured in other solvent companies 5327 00 Net reinsurance reserve 5 Claims for death losses in process of ad justment or adjusted and not yet due 6 Claims for death losses and other policy claims resisted by the company 8 Present value of unpaid amounts on in stallment policies 632760 00 23450 69 10993 50 45525 00 Total policy claims 10 Dividend left to accumulate and interest 12 Amount of National State or other taxes due 14 Amount due by the company for borrowed money includ ing 239336 interest due or accrued 16 Amount of any other liability of the company viz Pre miums paid in advance 701905 balance due medical examiners 161050 sundry accounts payable 4 49802 total 17 Liabilities on policyholders account 18 Cross Surplus on policyholders account 79969 19 424 21 321 17 151396 40 13127 57 877998 54 125132 18 19 Total liabilities 1003130 72ComptrollerGenerals Report 385 VIPremium Note Account 1 Premium notes loans or liens on land De cember 31 of previous year 30101 89 2 Premium notes loans or liens received during the year on old policies 80190 10 Total9 110291 99 Deductions during the year as follows Amount of notes loans or liens voided by lapse 4298 10 Amount of notes loans or liens redeemed by maker in cash 78419 57 Total reduction of premium note account 82717 67 Balance note assets at end of the year 27574 32 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 5828 13789250 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 3085 4891468 00 Total 8913 18670718 00 Deduct number and amount which have ceased to be in force during the year 1825 3060000 00 Total number and amount of policies in force in Georgia December 31 1910 7088 15610718 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 6 10100 83 Amount of losses and claims on policies in Georgia incurred during the year 66 121000 00 Total 72 131100 83 Amount of losses and claims on policies in Georgia paid during the year 58 103656 64 Amount of premiums collected or secured during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 54171863386 ComptrollerGenerals Report THE EQUITABLE LIFE ASSURANCE SOCIETY OP THE UNITED STATES CITY OP NEW YORK N Y Paul Morton President W Alexander Secretary Principal Office 120 Broadway New York N Y Prank W Burr 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 475828382 24 4 Extended at 475828382 24 IIIncome 5 First years premiums on original poli cies without deduction for commissions or other expenses less 9237885 for first years reinsurance 4124711 76 6 Surrender values applied to pay first years premiums 8679 89 7 Total first years premiums on original policies 413339165 8 Dividends applied to purchase paidup ad ditions and annuities 904177 70 9 Surrender values applied to purchase paid up insurance and annuities 1254154 34 10 Consideration for original annuities in volving life contingencies 592575 95 11 Consideration for supplementary contracts involving life contingencies 245055 27 12 Total new premiums 7129354 9 13 Renewal premiums without deduction for commissions or other expenses less 371318 for reinsurance on renewals 44869186 71 14 Dividends applied to pay renewal pre miums 1070715 01 16 Surrender values applied to pay renewal premiums 49701 89 17 Renewal premiums for deferred annuities 41205 50 18 Total renewal premiums 46030809 11 19 Total premium income 53160164 02 omptrollerGenerals Report 387 20 Consideration for supplementary contracts not involving life contingencies 357763 60 21 Dividends left with fihe company to accumulate at interest 61457 56 22 Iedger assets other than premiums received from other companies for assuming their risks 3240 00 23 Gross interest on mortgage loans less 2 57907 accrued interest on mortgages ac quired during 1910 4686381 36 25 Gross interest on bonds and dividends on stocks less 11993554 accrued interest on bonds acquired during 1910 11808204 51 26 Gross interest on premium notes policy loans and liens 3119862 40 27 Gross interest on deposits in trust com panies and banks 239969 94 28 Gross interest on other debts due the com pany viz On agents advances 127876 58 29 On extended premiums 79094 70 30 On miscellaneous accounts 9831 90 31 Gross discount on claims paid in advance 8970 36 32 Gross rent from companys property in cluding 32452173 for companys occu pancy of its own buildings 172884 63 33 Total gross interest and rents 21839301 30 34 Prom other sources viz Eent deposits 46256 32 36 Refunded by former officers 72979 95 37 Discount on supplies 550282 bonus on B M loans 139944 total 6902 26 38 Policy claim recoveries 94932 fees for assignments 33931 total 1288 63 39 Miscellaneous profits 219 06 81389 90 40 From agents balances previously charged off 14162 43 41 Gross profit on sale or maturity of ledger assets viz Real estate 45000 bonds 15164300 stocks 361 69900 total 513792 00 42 Gross increase by adjustment in book value of ledger assets viz Real estate 5000000 bonds including 16196600 for accrual of discount 16196600 total 211966 00 43 Total income 76289493 13 IIIDisbursements 1 For death claims less 20000000 reinsur ance 1897470346 additions 376 64276 total 19351346 22 2 For matured endowments reinsurance 8 34651947 additions 3220683 total 8378726 30 388 ComptrollerGenerals Report 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Net amount paid for losses and matured endowments 27730072 52 For annuities involving life contingencies 1169615 74 Surrender values paid in cash or applied in liquidation of loans or notes 12332288 66 Surrender values applied to pay new premiums 867989 to pay renewal premiums 4970189 total 58381 78 Surrender values applied to purchase paidup insurance and annuities 1254154 34 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 8538806 65 Dividends applied to pay renewal premiums 1070715 01 Dividends applied to purchase paidup additions and an nuities 904177 70 Dividends left with the company to accumulate at interest 61457 56 Total paid policyholders 53119669 96 Expense of investigation and settlement of policy claims including 1848577 for legal expense 18485 77 Paid for claims on supplementary contracts not involving life contingencies 319690 22 Dividends and interest thereon held on deposit surren dered during the year 6013 51 Paid stockholders for interest or dividends 7000 00 Commissions to agents less commission on reinsurance First years premiums 185991058 renewal premiums 266870223 annuities original 2571280 re newal 156846 total 4555894 07 Commuted renewal commissions 82889 90 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 123546 91 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 163762 41 Branch office expenses including salaries of managers and clerks 1201619 12 Medical examiners fees 21064115 inspection of risks 8553830 total 296179 45 Salaries and all other compensation of officers directors trustees and home office employees 1450359 30 Rent including 274 84224 for companys occupancy of its own buildings less 583332 received under sublease 299008 92 Advertising 21702738 printing and stationery 78 74975 postage telegraph telephone and express 52 22195 exchange 401903 total 352018 11 Le2il expense 133788 05 Furniture Fixtures and safes 22385 13 Repairs and expenses other than taxes on real estate 417637 43 Taxes on real estate 350220 50 State taxes on premiums 541845 25ComptrollerGenerals Report 33 Insurance department licenses and fees 34 All other licenses fees and taxes viz 35 On surplus and reserve i On securities 36 Income tax Stamp tax 37 Licenses and fees 389 16870 87 28298 00 11631 30 127150 28 3272 28 20732 66 Total 38 Other disbursements 40 Foreign exchange 41 Deposits account insurance withdrawn 42 Interestmiscellaneous 43 Loss on policy claims 214009 loss on rents 126752 total 45 Agents balances charged off 46 Gross loss on sale or maturity of ledger assets viz Bonds 47 Gross decrease by adjustment in book value of ledger assets viz Real estate 6200000 bonds including 30575000 for amortization of premiums 91475000 stocks 549999 00 total Total disbursements 65506928 47 191084 52 174436 57 41764 40 52595 92 7538 40 3407 61 28480 17 1987 00 48 10 11 TVLedger Assets Book value of real estate Mortgage loans on real estate first liens Loans secured by pledge of bonds stocks or other collat eral Loans made to policyholders on this companys policies assigned as collateral Book value of bonds 24016207800 and stocks 39517 68600 total Cash in companys offices Deposits in trust companies and banks not on interest Deposits in trust companies and banks on interest Bills receivable 217565 agents balances debit 2 39839569 credit 8186470 net 231653099 sup plies 3590228 total Cash in transit 28979200 66 99138123 36 336750 00 65250554 62 279679764 00 33407 99 423628 33 9446486 77 2354608 92 968422 25 12 Total ledger assets 486610946 90 NonLedger Assets 13 Interest due 5403162 and accrued 54075137 on mortgages total 594782 99390 ComptrollerGeneral s Report 14 Interest due 2093368 and accrued 316297984 on bonds total 3183913 52 15 Interest accrued on collateral loans 1122 50 16 Interest due 5099141 and accrued 886219 on premium notes policy loans or liens 59853 60 17 Interest due 3839238 and accrued 1024327 on deposits 48635 65 20 Rents due 11003613 and accrued 114 92162 on companys property or lease 224957 75 21 Total interest and rents due and accrued 4113266 01 24 Due from other companies for losses or claims on policies of this company reinsured 125000 00 New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1010 less reinsurance premiums 26 Gross deferred premiums on policies in force De cember 31 1910 less reinsurance premiums 27 Totals 28 Deduct loading 21392 29 3954233 18 158921 80 2420695 99 180314 09 6374929 17 42391 84 1498745 85 29 Net amount of uncollect ed and deferred pre miums Extended at 137922 25 4876183 32 5014105 57 35 Gross assets 495863318 48 Deduct Assets Not Admitted 37 Supplies stationery and printed matter 902 28 38 Agents debit balances gross 2398395 69 40 Bills receivable 2 175 65 42 Book value of ledger assets over market value viz Bonds and stocks 8233887 53 Total 45 Admitted assets 10670361 15 485192957 33 ompteolleuGeneeal s Report 391 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the Actu ary on the following tables of mortality and rates of interest viz 1 Actuaries Table at 4 on issues to 1900186456829 00 same for reversionary additions 4481733 00 Total190938562 00 2 American Experience Table at 3i on issues 1898 to 1906 10285828 00 Same for reversionary additions 791 00 Total 10286619 00 3 American Experience Table at 3 on issues 1895 to 1910186712605 00 Same for reversionary additions 573132 00 Total 187285737 00 4 Other tables and rates viz Joint life prior to 1898 American Experience Table at 4 28159100 childs endowments and survivorship assurance prior to 1898 Carlisle Experience at 4 17208500 childs endow ments annual premium 18981906 Carlisle Experience at 3 10597200 childs endowments single pre mium 18981906 Peerage Experience at 3 9 83000 joint life 18981906 Hm Table at 3 195 90100 semitropical 1910 SesquiAmerican Table at 3 8953000 tropical 1910 Double American at 3 3535900 survivorship assurance 1906 Carlisle Ex perience at 3 1591500 same for reversionary addi tions joint life American Experience at 4 809400 total 914277 00 5 Net present value of annuities including those in reduc tion of premiums regular and deferred to 1898 Actu aries Experience at 4 218613400 two life to 1898 Hm table at 4 17986500 survivorship to 1898 Carlisle Experience at 4 3496800 regular deferred and two life 18981906 Government annuitants at 3 5 82037900 survivorship 18981906 Carlisle Experience at 3V 1618000 all annuities 19071910 McClin tocks Table at 3 164408200 supplementary con tracts from 3 policies American Experience Table at 3 76680100 supplementary contracts from 3 policies American Experience at 3 89924500 total 11547654 00 Total 400972849 00392 ComptrollerGenerals Eeport Deduct net value of risks of this company reinsured in other solvent companies 971742 00 8 Net reserve 400001107 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the Society 2128991 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 66494 97 11 Claims for death losses due and unpaid 72249 27 12 Claims for death losses in process of ad justment or adjusted and not due 241493 05 13 Claims for death losses which have been reported and no proofs received 1840530 00 14 Claims for matured endowments due and unpaid 467802 70 15 Claims for death losses and other policy claims resisted by the company 153369 00 16 Due and unpaid on annuity claims involv ing life contingencies 50536 33 17 18 19 Total policy claims 2825980 35 Due and unpaid on supplementary contracts not involving life contingencies 1942 50 Dividends left with the company to accumulate at inter est and accrued interest thereon 112950 85 20 Premiums paid in advance including surrender values so applied 315892 43 21 Unearned interest and rent paid in advance 1629467 93 23 Commissions to agents due or accrued 99306 68 25 Salaries rents office expenses bills and accounts due or accrued 190836 22 Medical examiners fees 1533658 and legal fees 28 87916 due or accrued 44215 74 State county and municipal taxes due or accrued 877051 21 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 928507 60 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 2450000 00 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 10326229 00 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies 56718077 00 26 27 31 32 ComptrollerGenerals Report 393 35 Eeserve special or surplus funds not included above viz Deposits account insurance 215855 44 Capital stock 100000 00 45 Unassigned funds surplus 6160051 6 46 Total485192957 33 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 6169 13534044 00 Policies on the lives of citizens of said State issued during the year 675 1373776 00 Total 6844 14907820 00 Deduct ceased to be in force during the year 441 1178388 00 Policies in force December 31 6403 13729432 00 No Amount Losses and claims unpaid December 31 of previous year 13 43892 98 Losses and claims incurred during year 94 341174 34 Total 107 385067 32 Losses and claims settled during the year in caah 95 357350 32 Losses and claims unpaid December 31 12 27717 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 473 91069 FIDELITY MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA PENNSYLVANIA L G Fouse President H H Fouse Secretary Principal Office 112116 N Broad St Philadelphia Pa C M Kenimer Atlanta Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 19384463 06 Extended at 19384463 06 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 352866 16394 ComptrollerGenerals Report i Cash received for renewal premiums without deductions for commissions or other expenses L Premium notes loans or liens taken in part payment for premiums on new poli cies 2 Premium notes loans or liens taken in part payment for renewal premiums 3 Prom dividends applied to pay running premiums From dividends applied to shorten pre mium paying period 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 foT annuities other than matured installment policies 3733491 61 62667 07 344870 08 125574 45 3991 68 21952 30 4901 38 39352 00 17154 57 Total fi Deduct amount of premiums paid to other companies for reinsurance on policies in this company renewals 4706821 311 4139 05 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned ami dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 12 ash received as discount on claims paid in advance 13 Cash received for rents for use of companys property including 400000 for companys own occupancy 14 Cash received for profits on sales of bonds and stocks 879536 real estate 84880 total 15 Left with the company to accumulate at interest 17 Increase in book value of ledger assets 18 Consideration for supplementary contracts not involving life contingencies 19 From all other sources viz Policy exchange 195900 policy fees 9200 miscellaneous profits 86610 total 1702682 259499 305344 328779 42199 17i 91433 7ii 0 10 1 9638 6568 6712 53014 19950 36 03 63 24 10 Total income 5827616 08 IITDisbursements for the Year 1 i ash paid for death claims including re visionary additions 1564852 20 omptbollebGeneeals Report 3 Cash paid for matured endowments and additions thereto 30919 41 5 Cash paid for sums falling due during the the year on installment policies 49332 79 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 10 Cash dividends paid policyholders Cash dividends left on deposit surrendered during the 395 year 11 12 13 14 15 16 17 Cash dividends applied to pay running premiums Cash dividends applied to sthorten premium paying period Cash dividends applied to purchase paidup additions and annuities Cash dividends left with company to accumulate at in terest Surrender values paid up in cash Surrender values applied to pay running premiums Surrender values applied to purchase paidup insurance and annuities Total paid policyholders Expense investigation and settlement of claims Cash paid for commission and bonuses to agents less commission on reinsurance new policies 19063838 renewals 18184444 annuities 650D0 total Cash paid for salaries and allowances to managers and agents Cash paid for agency supervision and all other agency ex pense 19 20 21 j 22 23 24 25 26 27 Cash paid for medical examiners fees 2301055 inspec tion of risks 1411172 total Cash paid for salaries and all other compensation of offi cers and other home office employees Cash paid for taxes on premiums Cash paid for taxes 1311207 on investments 31 12310 total Cash paid for insurance department fees and agents li censes 713104 municipal licenses 144394 total Cash paid for rent including 4000000 companys occu pancy less 87778 received under sublease Corporation tax Cash paid for investigating policy claims Gash paid for advertising 8323576 printing and sta tionery 2609714 postage telegraph and telephone 1823576 total Cash paid for real estate expenses other than taxes 47 88735 for legal expenses 1141607 total 1645104 40 5052 03 27234 07 565 05 125574 45 3991 68 21952 30 6568 03 479736 66 4901 38 39352 00 2360032 05 3886 88 373132 82 110359 76 34894 02 37122 27 191175 45 73149 16 44235 17 8574 98 68503 95 2214 47 8069 01 52684 38 59303 42396 ComptrollerGenerals Report 29 Cash paid for the following items viz Examinations by Alabama Insurance Department Loss on sale of ledger assets 11417062 decrease in book value ledger assets 1793963 total Miscellaneous expenses 2367 86 132110 25 15725 46 30 Total disbursements 3577541 36 1 2 3 4 5 6 7 8 9 10 IVAssets as Per Ledger Accounts Cost value of real estate exclusive of all ineumbrances Loans on mortgage first liens on real estate Loans secured by pledge of bonds stocks or other market able collaterals Loans made in cash to policyholders on this companys policies assigned as collateral Premium notes loans or liens on policies in force of which 6266707 was received during the year Cost value of bonds and stocks owned excluding accrued interest at time of purchase Cash in companys office Cash deposited in banks Bills receivable Agents ledger balances net 11 Total net or ledger assets 12 Deduct depreciation from cost of assets to bring same to market value 1331202 28 5728181 71 236091 68 6023733 53 407537 15 7203454 17 1058 46 272185 41 25120 74 405972 63 216345 7 78 185488 67 13 Total net or ledger assets less depreciation 214490 19 I I Other Assets 14 Interest due 1696543 and accrued 96 86590 on mortgages total 113831 33 15 Interest accrued on bonds and stocks 107828 11 16 Interest due 55968 and accrued 84179 on collateral loans 1401 47 17 Interest accrued on premium notes loans or liens 62482 18 19 Pents due on companys property or lease 195 83 Total carried out New Business Renewals 23 Cross premiums due and unreported on policies in force December 31 1910 55387 49 180048 79 285738 92ComptbollebGeneeals Beport 397 24 Gross deferred premiums on policies in force De cember 31 1910 1563 12 303973 58 Totals 56950 61 486022 37 25 Deducting loading 57 per cent on new and 18 810 per cent on renewals 32518 80 91372 21 26 Net amount of uneollect ed and deferred pre miums Extended at 24431 81 394650 16 419081 97 28 Total assets as per the books of the company 22208867 72 Items Not Admitted 5 Agentsbalances 413623 39 7 Bills receivable 25120 74 9 Total assets less items not admitted 21770123 5 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed by the Premium Insurance Department with 3 and 3 per cent interest 19175096 00 Deduct net value of risks of this company reinsured in other solvent companies 2051 00 76238 87 Net reinsurance reserve 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 5 Claims for death losses and matured en dowments in process of adjustment 145480 00 6 Claims for death losses and other policy claims resisted by the company 27340 00 7 Amounts due and unpaid on installment policy claims 130 00 8 Present value of unpaid amounts on ma tured installment policies face 409 82680 31972294 19173045 00 Total policy claims 569811 81398 omptbollerGenerals Report 10 Amount of all unpaid dividends of surplus or other des cription of profits due policyhplders 11 Amount of unearned interest and rents paid in adance 12 Amount of National State or other taxes due 13 Amount due on account of salaries rents oflfiee expenses medical examination tees etc I Amount due on account policies cancelled on which sur render value is claimable L5 Amount set apart awaiting apportionment on deferred dividend policies 16 Amount of any other liability of the company viz Pre miums paid in advance Commission due agents When premium notes are paid 17 Liabilities on policyholder s account 18 Net surplus on policyholders account 19 Total liabilities 21 Estimated surplus accrued on all policies 81294769 VI Premium Note Account 1 Premium notes loans or liens on hand December 11 of previous year 393 403 7 2 Premium notes loans or liens received during the year on new policies 125 06726 on old policies 50645144 159108 35 97606 23 46473 67 12393 99 7916 62 870840 63 8039 73 11939 87 20957175 90 812947 69 21770123 59 total 631518 70 Total Deductions during the year as follows Amount of notes loans or liens redeemed by the maker 1024922 43 in cash 617385 28 Balance note assets at end of the year Business in the State of Georgia During the Yeai No Number and amount of policies on the lives of citi rli ia in force December i of pre us year 1736 Number and amount of policies on the lives of citi zens of Georgia issued during the year ii 407537 15 Amount 3552215 00 855945 00 Total 2169 Deduct number and amount which have ceased to be in force during the year 343 4408160 00 697693 00 Total number and amount of policies in force in Georgia December 31 1910 182i 3710467 00Total ComptrollerGenerals Report No 6 27 33 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year Amount of losses and claims on policies in Georgia incurred during the year 399 Amount 14560 00 60964 00 75524 00 Amount of losses and claims on policies in Georgia paid during the year 31 2524 00 Amount of premiums collected or secured in Georgia during the year in cash notes or credits without any deduction for losses dividends commissions or other expenses Cash 10906563 notes or credits 1300562 total 12207125 FRANKLIN LIFE INSURANCE COMPANY OF SPRINGFIELD ILLINOIS Edgar S Scott President Henry Abels Secretary Principal Office Springfield 111 J R Monroe Abbeville 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 4910953 73 Increase of capital during 1910 100000 00 5010953 73 Extended at IIIncome During the Year 1 Received for premiums on new policies without deductions for commissions or other expenses I1 Received for renewal premiums without deductions for commissions or other ex penses 3 From dividends applied to pay running premiums 3y From dividends applied to purchase paidup additions and annuities 4 From surrender values applied to pay run ning premiums 41 From surrender values applied to pur chase paidup insurance and annuities Total 200106 44 1010942 83 14881 99 362 19 49 70 66372 28 1292715 43400 ComptrollerGenerals Eeport 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 361524 renewals 393425 total 7549 49 10 11 13 Total premium income Cash received for interest on mortgage loans Cash received for interest on bonds owned and dividends on stock Received for interest on premium notes loans or liens Gash received for interest on other debts due the company Cash received for rents for use of companys property including 140000 for companys own occupancy 14 Cash received for profits on sales of real estate 15 Ledger assets other than premiums received from other companies for assuming or reinsuring their risks 16 From dividends 18 Increase in book value of bonds 19 From all other sources viz Premium on stock Total income 1285165 94 129599 06 20892 52 97269 21 18156 11 3728 10 40500 00 4780 89 290 80 8 76 7382 81 1607774 20 HIDisbursements for the Year I Paid for death claims including revision ary additions 423792 63 423792 63 10 11 12 Total 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 9 Dividends left with the company to accumulate at in terest asli dividends paid policyholders Cash dividends applied to pay running premiums Cash dividends applied to purchase paidup additions and annuities 13 Surrender values paid in cash 14 Surrender values applied to pay running premiums 15 Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 9222630 renewals 7059529 total ash paid for salaries and allowances to managers and agents including agency supervision etc 19 Cash paid for medical examiners fees 1228025 inspec tion of risks 579575 total IS 423792 63 100 00 23375 57 290 80 76385 26 14881 99 362 19 299005 63 242 40 66372 28 904808 75 162821 50 56127 OR 18076 00 21 22 23 24 25 i 26 27 ititu 28 1 29 ComptrollerGenerals Report 20 Cash paid for salaries and all other compensation of offi cers and other home office employees Cash paid for taxes on new premiums and renewals Cash paid for taxes on real estate 117750 on invest ments 1055090 Federal tax 87924 total Cash paid for insurance department fees and agents licenses 766143 miscellaneous licenses 81514 total Cash paid for rent including 140000 companys occu pancy Agents balances Charged off Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 379836 printing 840785 total Cash paid for real estate expenses other than taxes 1 62696 for legal expenses 665642 total Cash paid for the following items viz Death claim ex penses 625007 postage telephone and express 6 87265 collections 185427 traveling expenses 4 02567 investment expenses 420210 premium on in vestments 23250 miscellaneous expenses 341592 claims on supplementary contracts not involving life contingencies 60000 dividends and interest thereon held on deposit surrendered during the year 378 de crease by adjustment in book value of bonds 12600 total 401 83581 43 13148 26 12607 64 8476 57 8037 03 5011 54 2358 38 12206 21 8283 38 27582 96 30 Total disbursements 1323126 80 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 22000 00 2 Loans on mortgage first liens on real estate 2815800 00 3 Loans secured by pledge of bonds stocks or other market able collaterals 183950 00 4 Loans and liens to policyholders on this companys poli cies 1469812 54 5 Premium notes loans or liens on policies in force of which 3994190 was received during the year 59793 56 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 598243 02 7 Cash in companys office 2861 35 8 Cash deposited in banks 103011 11 10 Agents ledger balances of which 62742 was advanced during the year 40129 55 11 Total net or ledger assets 5295601 13 402 omptrollerGeneral s Report Other Assets 14 Interest accrued on mortgages 75993 89 15 Interest accrued on bonds and stocks 9008 60 16 Interest accrued on collateral loans 2287 30 17 Interest accrued on premiums notes loans or liens 1438 38 18 Interest accrued on other assets 7 94 Total carried out 21 Market value of bonds and stocks over cost New Business Renewals 24 Gross deferred premiums on polieies in force De cember 31 1910 13141 53 119292 12 25 Deducting loading 7429 96 19832 77 26 Net amount of uncollect ed and deferred pre miums Extended at 5711 57 99459 35 38736 11 7112 65 105170 92 28 Total assets as per the books of the company 5496620 81 Items Not Admitted 5 Agents balances 40756 97 7 Premium notes and loans on policies and net premiums in excess of the net value of their policies 25058 99 Total 65815 96 9 Total assets less items not admitted 5430804 85 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1910 computed according to The Actuaries Table of Mortality with four per cent interest prior to July 1 1907 and on American Experience three per cent on business issued since July 1 1907 4315703 00 Deduct net value of risks of this com pany reinsured in other solvent com panies i271 00 Net reinsurance reserve 4 312 432 00ComptrollerGenerals Report 403 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 54107 95 Claims for death losses and other policy claims resisted by the company 3025 28 Present value of unpaid amounts on ma tured installment policies 9174 00 Amount of trust funds held by the com pany 12577 11 Total policy claims 10 Amount of all unpaid dividends of surplus or other des cription of profits due policy holders 12 Amount of National State or other taxes due 13 Amount due on account of salaries rents and office ex penses and commissions to agents 16 Amount of any other liability of the company viz Pre miums paid in advance 1722117 including interest paid in advance 17 Fund held for special class of policies 11137926 fund held for all other contingencies 25442254 surplus contingently assigned 41062822 capita stock 100 00000 total 78884 34 95359 S3 24859 62 25617 87 17221 17 876430 02 Total liabilities 5430804 85 VIPremium Note Account fl Premium notes loans or liens on hand De cember 31 of previous year 563202 23 I 2 Premium notes loans or liens received dur ing the year on new policies 7565893 on old policies 13968530 restored by revival of policies 33183 total 215676 00 Total eductions during the year as follows Amount of notes loans or liens used in payment of losses and claims if Amount of notes loans or liens used in purchase of surrendered policies Amount of notes loans or liens voided by lapse Amount of notes loans or liens used in payment of dividends to policyholders Amount of notes loans or liens redeemed by maker in cash 6805 61 19431 48 23707 40 14322 97 122393 56 778878 29 Total reduction of premium note account Balance note assets at the end of the year 186661 02 592217 27404 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 1981 2977914 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 312 481335 00 Total Deduct number and amount which have ceased to be in force during the year 2293 3459249 00 367 547954 00 Total number and amount of policies in force in Georgia December 31 1910 1926 2911295 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 2 4726 24 Amount of losses and claims on policies in Georgia incurred during the year 11 16641 13 11 13 21367 37 Total Amount of losses and claims on policies in Georgia paid during the year 12 20367 37 Amount of premiums collected or secured in Georgia during the year in cash notes or credits without any deduction for losses dividends commissions or other expenses Total 9109265 GEOEGIA LIFE INSURANCE COMPANY MACON GA W E Small President L A Shepherd Secretary Home Office Macon Ga ICapital Stock 1 Amount of capital stock paid up in cash 445 50000 paid up by note 5540000 total 500900 00 Amount of net or ledger assets December 31 of previous year 515095 19 Increase of capital during 1910 109900 00 Extended at 624995 19 11Income During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 6353 25CompteollerGenerals Report 405 lVo Cash received for renewal premiums without deductions for commissions or other expenses 6353 25 Total 77803 20 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 1 99964 renewals 21468 total 2214 32 7 Total premium income 75588 88 8 Cash received for interest on mortgage loans 3474 93 9 Cash received for interest on bonds owned and dividends onstock 747181 11 Cash received for interest on other debts due the com pany 13664 78 19 From all other sources viz Prom miscellaneous income 28737 premium on capital stock 11082500 total 111112 37 Total income 211312 77 HIDisbursements During the Year 1 Cash paid for death claims including re visionary additions 5000 00 7 Total net amount actually paid for losses 5000 Total paid policyholders 5000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance 51632 08 18 Cash paid for salaries and allowances to managers and agents 8174 40 19 Cash paid for medical examiners fees 870880 inspec tion of risks 377600 total 10484 80 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 20447 02 23 Cash paid for insurance department fees and agents licenses 81900 municipal licenses 374045 total 4559 45 24 Cash paid for rent 117 50 26 Cash paid for furniture fixtures and safes for home and agency offices 1214 8 27 Cash paid for advertising 317304 printing 262710 postage telephone telegraph and express 231331 ex change 2058 total HJ A 3 28 Cash paid for legal expenses 29 Cash paid for the following items viz Fire insurance 3340 general home office expense 191260 total 1946 00406 ComptrollerGenerals Eeport Commission on sale of stock 6741707 traveling expense other than agency 61050 total 68027 57 Loss on sale of bonds 414 05 30 Total disbursements IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 5 Premium notes loans or liens on policies in force which was received during the year 7 Cash in companys office S Cash deposited in banks 9 Bills receivable 10 Agents ledger balances axualty department Medical examiners books 181666 73 48855 74 10092 00 148468 18 2757 50 1447 15 266051 33 73608 00 4787 91 7711 78 28 64 13 Total net or ledger assets 654641 23 Other Assets 14 Interest due and accrued on mortgages 1126 34 17 Interest due on certificates of deposit 562 92 1 nterest due on bills receivable 3137 17 Total carried out 4826 73 New Business 24 Gross deferred premiums on policies in force De cember 31 1910 25 Deduct loading 377 86 272 60 Renewals 4003 29 765 16 26 Net amount of uncollect ed and deferred pre miums Extended at 27 Admitted assets casualty department 105 26 3238 13 3343 39 32056 45 28 Total assets as per the books of the company Items Not Admitted 1 Accrued interest bills receivable 2 Premium note assets in excess of net values 694867 80 3137 47 744 83 ComptrollerGeneral s Report 407 3 Bonds 1405 68 5 Agents balances 4787 91 7 Bills receivable 73608 00 8 Supplies printed matter and stationery 28 64 Total 83712 53 9 Total assets less items not admitted 611155 27 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with four per cent interest 20305 39 Deduct net value of risks of this company reinsured in other solvent companies 1085 44 Net reinsurance reserve 19219 95 6 Claims for death losses and other policy claims resisted by the company 4000 00 Total policy claims 4000 00 15 Liabilities casualty department 63685 14 16 All other liabilities 4283 35 17 Liabilities on policvholder s account including capital stock 45500 00 18 Gross surplus on policvholders account unassigned funds surplus 74466 83 19 Total liabilities 611155 27 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 862 299000 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 963 1553476 00 Tota 1625 1852476 00 Deduct number and amount which have ceased to be in force during the year 85 1 26501 Total number and amount of policies in force in Georgia December 31 1910 1540 1725976 00 No Amount408 ComptbolleeGenebal s Eepoet Amount of losses and claims on policies in Georgia incurred during the year 3 9000 00 Total 3 9000 00 Amount of losses and claims on policies in Georgia paid during the year 2 5000 00 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends com missions or other expenses Cash 6009386 GREENSBORO LIFE INSURANCE COMPANY OF GREENSBORO N C J W Fry President juiian Price Secretary Principal Office North Elm Street Greensboro N C ICapital Stock 1 Amount of capital stock paid up in cash 140400 00 Amount of net or ledger assets December 31 of previous year 546885 56 Extended at 546885 56 IIIncome During Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 87507 62 l1 Cash and notes received for renewal premiums without deductions for com missions or other expenses 259721 85 3 From dividends applied to pay running premiums 89 47 3 From dividends applied to purchase paidup additions and annuities 123 06 Total Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 127080 renewals 402671 total 347442 00 5297 51 7 Total premium income 342 144 49 8 Cash received for interest on mortgage loans 20104 53 9 Cash received for interest on bonds owned and dividends on stock and collateral loans 2970 00 10 Cash received for interest on premium notes loans or liens 5365 82 11 Cash received for interest on deposits in banks 55 02 12 Cash received as discount on claims paid in advance 543 89 Total income 371183 75ComptrollerGeneral s Report IIIDisbursements for the Year Cash paid for death claims including re visionary additions 98972 77 Premium notes loans or liens used in pay ment of the same 2757 78 409 Total I Deduct amount received from other com panies for losses or claims on policies of this company reinsured 101730 55 19000 00 11 12 16 17 18 19 20 21 22 23 24 26 27 28 29 Total net amount actually paid for losses and matured endowments Commuted installment claims Premium notes loans or liens used in purchase of sur rendered policies 1803941 voided by lapse 436648 total Cash dividends applied to pay running premiums Cash dividends applied to purchase paidup additions and annuities 82730 55 3686 66 22405 89 89 47 123 06 Total paid policyholders 109035 63 Cash paid stockholders for interest on guaranty surplus 3500 00 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 4358017 renewals 1576331 total Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees 950800 inspec tion of risks 148547 total Cash paid for salaries and all other compensation of offi cers and other home office employees Cash paid for taxes on premiums Cash paid for taxes on reserves Cash paid for insurance department fees and agents li censes etc Cash paid for rent Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 206253 printing and sta tionery 244570 total Paid for real estate expenses other than taxes 3847 for legal expenses 167203 total Cash paid for the following items viz Agents balances charged off Telegraph telephone and postage 157350 traveling ex penses 130364 general expenses 83248 total Total disbursements 217132 21 59343 48 2268 09 10993 47 13911 76 2392 01 2651 49 1298 30 1130 00 330 68 4508 23 1710 50 348 95 3709 62410 ComptbollebGen ebal s R ep i rt IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 4 Loans made in cash to policyholders on this companys policies assigned as collateral 4 Premium notes loans or liens on policies in force 5 Premium notes loans or liens on policies in force 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 61750 and accrued 5 30244 on mortgages 15 Interest due 50000 and accrued 73421 on bonds and stocks 16 Interest due 9000 and accrued 19022 on collateral loans 17 Interest accrued on premiums notes loans or liens 5919 94 1234 21 280 22 207 31 Total carried out 20 Market value of real estate over cost Renewals 23 Gross premiums due and unreported on policies in tone December 31 1910 12 804 31 24 Gross deferred premiums mi policies in force December 31 1910 5933 59 Total 25 Deducting loading ii per cent on re newals 18737 90 2435 93 26 Net amount of uneoHected and deferred Premiums 1630 97 Extended Guaranty surplus fnnd 18100 00 391550 00 31767 03 62531 58 89552 28 89552 28 45125 00 978 28 35804 29 8369 75 17158 89 11 Total net or ledger assets 700937 10 12 Deduct depreciation from cost of assets to bring same to par value 125 00 700812 10 7641 68 5400 00 16301 97 100000 00 28 Total assets as per the books of the company 830155 75COMPTEOLLERGrENERAls REPORT 411 Items Not Admitted 5 Agents balances 17158 89 7 Bills receivable 8084 47 Total 25243 36 9 Total assets less items not admitted 804912 39 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality and American Experience with 4 per cent interest 538209 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 4087 00 Net reinsurance reserve 53412 00 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 8324 33 3 Claims for death losses reported but no proof received 1000 00 6 Claims for death losses and other policy claims resisted by the company 1000 00 8 Present value of unpaid amounts on ma tured installment policies and disability claims 329 47 Total policy claims 21653 80 11 Amount of interest on guaranty surplus 3500 00 12 Amount of national state or other taxes due 3151 38 13 Amount due on account of salaries rents and office ex penses 3225 04 16 Amount of any other liability of the company viz Pre miums paid in advance 1736477 Interest in advance 170586 Commissions to agents on premium notes 35923 medical fees 90300 total 20332 86 17 Liabilities on policyholders account 582985 08 18 Gross surplus on policyholders account 221927 31 19 Total liabilities 804912 39 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 previ ous vear 253 416946 00412 ComptrollerGenerals Report Number and amount of policies on the lives of citi zens of Georgia issued during the year 153 258708 00 Total 406 675654 00 Deduct number and amount which have ceased to be in force during the year 67 104000 00 Total number and amount of policies in force in Georgia December 31 1910 339 Amount of losses and claims on policies in Georgia incurred during the year 4 571654 00 6500 00 THE GERMANIA LIFE INSURANCE COMPANY OF NEW YORK Cornelius Doremus President Carl Heye Secretary Principal Office 20 Nassau Street New York N Y ICapital Stock 1 Amount of capital stock paid up in cash 200000 00 Amount of net ledger assets December 31 of previous year 42594864 25 Extended at 42594864 35 IIIncome During Year 1 Cash received for premiums on new poli cies without deduction for commissions or other expenses 669870 04 1 Cash received for renewal premiums without deductions for commissions or other expenses 431515404 annui ties 19748 total 4315351 52 3 From dividends applied to pay running premiums 263887 52 3 From dividends applied to purchase paidup additions and annuities 4704 62 4 From surrender values applied to pur chase paidup insurance and annuities 141167 02 5 Consideration for annuities other than matured installment policies 53452 65 Total 5493433 37 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 455470 renewals 958808 total 14142 78 7 Total premium income 5479290 59ComptrollerGenerals Report 413 Consideration for supplementary contracts not involving life contingencies 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stocks 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the com pany 222885 on deposits 2211407 total 12 Cash received as discount on claims paid in advance 13 Cash received for rents for use of companys property including 1274690 for companys own occupancy 18 From agents balances previously charged off 19 From all other sources viz Policy fees Dividends left with company to accumulate at interest 8682 50 1187249 73 391739 04 227202 75 24342 92 250 74 154976 52 40631 56 2563 61 4935 75 Total income 7521865 71 Total 50116730 06 IIIDisbursements for the Year 1 Cash paid for death claims including re visionary additions 1528992 11 3 Cash paid for matured endowments and additions thereto 1554319 88 5 Cash paid for sums falling due during the year on installment policies 5006 94 Total 3088318 93 7 10 11 12 13 15 16 17 Total net amount actually paid for losses and matured en dowments Cash paid to annuitants Cash dividends paid policyholders 27440304 left with he company at interest 493575 held on deposit surrendered during the year 29723 total Cash dividends applied to pay running premiums Cash dividends applied to purchase paidup additions and annuities Surren der values paid in cash Surrender values applied to purchase paidup insurance and annuities Total paid policyholders Cash paid stockholders for interest 7 per cent and 5 per cent dividends Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 26610700 renewals 20596159 total 3088318 93 41642 52 279636 02 263887 52 49704 62 584672 30 141167 02 4449028 93 24000 00 472068 59414 ComptrollerGenerals Report 18 Cash paid for salaries and allowances to managers and agents 22794259 agency supervision etc 96 70037 total 324 642 96 19 Cash paid for medical examiners fees 3915589 in spection of risks 580367 total 44959 56 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 206 241 34 21 Cash paid for taxes on new premiums and on renewals 47328 65 22 Gash paid for taxes on real estate 2 1783 73 23 Cash paid for insurance department fees and agents li censes 539200 municipal licenses etc 464950 Federal corporation tax 503953 total 15081 03 24 Cash paid for Vent including 1274690 companys occu Pancv 30376 90 25 Cash paid for commuting commissions 29 181 43 26 Cash paid for furniture fixtures and safes for home and agency offices 59o 7 27 Cash paid for advertising 1304814 printing and sta tionery 2090621 postage etc 3214590 exchange 363374 total 69733 99 28 Cash paid for reaJ estate expenses other than faxes 60 99457 for legal expenses 279894 total 63793 51 29 Cash paid for the following items viz Agents balances charged off 0g43 02 Gross loss on sale of bonds 1 150 28 Other disbursements 18 212 08 30 Total disbursements ggy oko 73 IV Assets as per Ledger Accounts 1 Cost value of real estate exclusive of all iiicumbrances 364075 22 2 Loans on mortgage first liens on real estate 20372J63 20 4 Loans made in cash to policyholders on this companys policies assigned as collateral 4 329 534 31 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 9488 43 80 7 Cash in company s office 2 401 14 8 Cash deposited in banks 146282 66 11 Total net ledger assets as per balance above 44279376 33 12 Deduct depreciation from cost of assets to bring same to mket vale 410747 30 13 Total net or ledger assets less depreciation 43868629 03 Other Assets 14 Interest due 83800 and accrued 436 27808 on mortgages 437116 08 ComptrollerGenerals Report 415 15 17 19 23 24 25 26 28 Interest due 233151 and accrued 130 81399 on bonds and stocks Interest due 1094555 and accrued 19 59214 on premiums notes loans or liens Rents due on company s property or lease 133145 50 30537 69 790 30 Total carried out New Business Gross premiums due and n n reported on policies in force December 31st 1910 25573 80 Gross deferred premiums on policies in force De cember 31 1910 53029 10 601589 57 Renewals 633352 02 430892 55 Totals 78602 90 1064244 57 Deducting loading 25 per cent on new and 25 per cent on renewals 19650 72 266061 15 Net amount of uncollected and deferred premiums 58952 18 798183 42 Extended 857135 60 Total assets as per the books of the company 45327354 20 VLiabilities Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The American Experience Table of Mortality with 3 and 3 per cent in terest respectively and McClintock s Annuitant Table of Mortality with 3 i per cent interest 38048808 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 58854 00 Net reinsurance reserve 37989954 00 5 Claims for death losses due and unpaid 11464 52 Claims for matured endowments due and unpaid 79209 43 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 228598 44416 ComptrollerGenebals Report 6 Claims for death losses and other policy claims resisted by the company 2000 00 7 Amounts due and unpaid on annuity claims 2812 40 8 Present value of unpaid amounts on ma tured installment policies 60053 33 Total policy claims 384138 12 10 Amount of all unpaid dividends and surplus or other de scription of profits due policyholders 122655 15 12 Amount of national state or other taxes due 52112 60 13 Amount due on account of salaries rents and office ex penses 883597 commissions to agents due or ac crued 36633 total 9 202 30 16 Amount of any other liability of the company viz Pre miums paid in advance 1658157 liability on policies cancelled upon which a surrender value may be de manded 942475 unearned interest and rent 49 85901 medical examiners fees 174900 dividends left with the company to accumulate at interest 9 36600 extra reserve for absolute war and world poli cies and other liabilities 17406628 total 261046 61 17 Liabilities on policyholders account 38819108 78 18 Gross surplus on policyholders account including divi dend funds 6508245 42 19 Total liabilities 45327354 20 20 Estimated surplus accrued on Tontine and other policies the profits of which are especially reserved for that class of policies 3485243 04 21 Estimated surplus accrued on nil other polices 3023002 38 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 68 992243 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 137 240 097 20 Total 818 1232340 20 Deduct number and amount which have ceased to be in force during the year 71 134054 00 Total number and amount of policies in force inCOMPTEOLLBRGrENEEAIi s REPORT 417 0 Georgia December 31 1912 747 1098286 20 Amount of losses and claims on policies in Georgia incurred during the year 6 8500 00 Total Amount of losses and claims on policies in Georgia paid during the year 6 8500 00 6 8500 00 HARTFORD LIFE INSURANCE COMPANY OF CONNECTICUT John G Hoyt President Thomas F Lawrence Secretary ICapital Stock 1 Amount of capital stock paid up in cash 500000 00 Amount of net or ledger assets December 31 of previous year 4523294 12 Extended at 4523294 12 IIIncome During Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 173633 35 l1 Cash received for renewal premiums without deductions for commissions or other expenses 2058360 22 3 From dividends applied to pay running premiums 43331 00 3 From dividends applied to purchase paid up additions and annuities 77 58 4 From surrender values applied to pur chase paidup insurance and annuities 17589 00 5 Consideration for annuities other than ma tured installment policies 2267 50 Consideration for supplementary contracts involving life contingencies 775 00 Total 2296033 65 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 36878 re newals 438761 total 4756 39 7 Total premium income 2291277 26 8 Cash received for interest on mortgage loans 89385 10 9 Cash received for interest on bonds owned and divi dends on stock 23251 40418 ompteollerGenerals Report 10 Cash received for interest on premium notes loans or liens 20593 15 11 Cash received for interest on other debts due the company 500 00 13 Cash received for rents for use of companys property including 700000 for companys own occupancy 17511 88 14 Cash received for profits on sales of bonds or stocks 383756 real estate 322000 total 7057 56 16 From dividends and surrender values on reinsurances 381 00 17 Consideration for supplementary contracts not involving life contingencies 8825 00 19 From all other sources viz Extensions bills receivable and bank deposits 9112 58 42118 29 From other sources Total income 2510013 22 IIIDisbursements for the Year 1 Cash paid for death claims including re visionary additions 1633596 61 3 Cash paid for matured endowments and additions thereto 6054 00 Total 1639650 61 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured of which 6 39964 is for death claims 6399 64 10 11 12 15 Total net amount actually paid for losses and matured endowments ash paid to annuitants Premium notes loans or liens used in purchase of sur rendered policies and surrender values paid in cash 1 fash dividends paid polieyholders Cash dividends applied to pay running premiums Cash dividends applied to purchase paidup additions and annuities Surrender values applied to purchase paidup insurance and annuities Dividends applied to purchase paidup additions Total paid polieyholders 10 Cash paid stockholders for interest on dividends 17 ash paid for commissions and bonuses to agents less commission on reinsurance now policies 10844237 renewals 3553543 and original annuities 6802 total 18 CasJi paid for salaries and allowances to managers and agents 1633250 97 150 00 56001 53 8494 88 43331 00 77 58 17589 00 381 00 1759275 96 50000 00 144045 82 5743 33 ComptbolleeGenebal s Report 19 Cash paid for medical examiners fees 187693 2 in spection of risks 542606 total 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 22 Cash paid for taxes on investments 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 696354 printing 1164709 postage telegraph telephone and express 823937 total 28 Cash paid for real estate expenses other than taxes 13 70958 for legal expenses 1343265 total 29 Cash paid for tlhe following items viz Real estate tax 364650 branch office expenses 2699570 agency supervision 3674255 dividends on interest 6338 supplementary claims 85833 death claims investiga tion 352158 and other disbursements 354695 419 24195 18 90118 52 20417 86 9084 16 2593 25 7000 00 1160 03 26850 00 27142 23 107297 19 30 Total disbursements 2274923 53 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 218731 00 2 Loans on mortgage first liens on real estate 2013299 00 3 Loans secured by pledge of bonds stocks or other market able collaterals 10000 00 4 Loans made in cash to polieyholders on this companys policies assigned as collateral 384807 53 5 Premium notes loans or liens on policies in force of which 154388 was received during the year 42943 00 6 Cost value of bonds arid stocks owned excluding accrued interest at time of purchase 675807 93 7 Cash in companys office 2806 67 8 Cash deposited in banks 212160 56 9 Bills receivable 19911 28 10 Agents ledger balances 10059 39 Safety funds in Security Co of Hartford 1167857 45 11 Total net ledger assets as per balanceabove Other Assets 4758383 81 14 Interest due 67500 and accrued 51 41468 on mortgages 52089 68 15 Interest accrued on bonds and stocks 6758 22420 CompteollerGexeral s Report 17 Interest due on premiums notes loans or liens 1169 18 19 Bents due on companys property or lease 604 60 Total carried out 20 Market value of real estate over cost New Business 23 Gross premiums due and unreported on policies in force Dee 31 1910 1069 43 24 Gross deferred premiums on policies in force De cember 31 1910 5692 91 25 Deducting loading 3309 44 Renewals 42145 54 62685 57 17847 46 60621 68 37269 00 90436 55 28 Total assets as per the books of the company 5167228 30 Items Not Admitted 5 Agents balances 7 Bills receivable 8 Book value of ledger assets over mar ket value 10083 93 19911 28 134803 67 Total 164798 88 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 1910 computed according to The Actuaries Table of Mortality with four per cent interest and 3V on policies issued afterJan 1 1901 2301362 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 6417 00 5002429 42 Net reinsurance reserve 3 Claims for death losses due and unpaid 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 8 Present value of unpaid amounts on ma tured installment policies face 15 04158 2294945 00 166 67 233002 25 10205 00 Total policy claims 243373 92ComptrollerGenerals Report 421 10 Amount of all unpaid dividends of surplus or other de scription of profits due polieyholders 211651 62 12 Amount of national state or other taxes due 32291 05 13 Amount due on account of salaries rents and office ex penses 1768 86 16 Amount of any other liability of the company viz Pre miums paid in advance 428619 unearned interest and rents 1103116 commissions due to agents 94582 medical examiners fees and legal fees 2 62560 Safety Fund liability mens and womens di vision 122176609 total 1240654 86 17 Liabilities on polieyholders account 4024685 31 18 Gross surplus on polieyholders account 977744 11 19 Total liabilities 5002429 42 20 Estimated surplus accrued on Tontine and other policies the profits upon which are especially reserved for that class of policies 173014 00 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 920 1594321 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 3 9834 00 Total 923 1604155 00 Deduct number and amount which have ceased to be in force during the year 53 135354 00 Total number and amount of policies in force in Georgia December 31 1910 870 1468801 00 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 9 15500 00 Amount of losses and claims on policies in Georgia incurred during the year 32 69000 00 Total 41 84500 00 Amount of losses and claims on policies in Georgia paid during the year 29 60000 00422 ComptrollerGenerals Eepobt home life insurance company of new york George E lde President Ellis W Gladwin Secretary Home Office 256 Broadway New York City ICapital Stock 1 Amount of capital paid up in cash 125000 00 2 Amount of ledger assets as per balance December 3 of previous year 23184349 50 4 Extended at 23184349 50 IIIncome During Year 5 First years premiums on original policies without deduction for commissions or other expenses less 1640591 for first years reinsurance 349015 71 7 Total first years premiums on original policies 349015 71 8 Dividends applied to purchase paidup ad ditions and annuities 314652 88 9 Matured endowments applied to purchase paidup insurance and annuities 2957 73 10 Consideration for original annuities in volving life contingencies 7775 45 11 Consideration for supplementary contracts involving life contingencies 2388 15 12 Total new premiums 676789 92 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 2613282 for reinsurance on renewals 2824675 83 14 Dividends applied 1o pay renewal pre miums 07778 19 16 Surrender values applied to pay renew al premiums 48 09 17 Renewal premiums for deferred annuities 25635 35 18 Total renewal premiums 2948137 46 19 Total premium income 3624927 38 20 Consideration for supplementary contracts not involv ing life contingencies 53603 00 21 Dividends left with the company to accumulate at in t crest fi379 96 23 Gross interest on mortgage loans 330697 34 OMPTROLLEBGBNEBAIis KePOBT 423 25 Gross interest on bonds and dividends on stocks less 880971 accrued interest on bonds acquired during 1910 522 118 42 26 Gross interest on premium notes policy l0ns or liens lg4el Q 47 Gross interest on deposits in trust com panies and banks 6 609 63 29 Gross interest on advances to agents ioi3 04 31 Gross discount on claims paid in advance 209 48 32 Gross rent from companys property in cluding 2400000 for companys occu pancy of its own buildings gg 499 g0 33 Total gross interest and rents 1 151 763 57 41 Gross profit on sale or maturity of ledger assets viz bonds 865375 stocks 1460633 total 2326Q og 42 Gross increase by adjustment in book value of ledger assets viz Bonds 5253 73 43 Total income 4865195 83 JHDisbursements for the Year 1 First death claims less 9 00000 reinsurance 971 00387 additions 972 00 total 2 For matured endowments less 16206900 addi tions 17501941 total 971975 87 337088 41 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay renewal premiums 9 Dividends paid to policyholders in easi or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paid up additions and an nuities 13 Dividends left with the company to accumulate at in terest 14 Total paid policyholders 2481200 54 15 Expense of investigation and settlement of policy claims including 90566 for legal expense 16 Paid for claims on supplementary contracts not involv ing life contingencies 1309064 28 51553 66 676758 76 48 00 24964 72 97778 19 314652 88 6379 96 1032 16 17985 75424 ComptrollerGenerals Bepobt 17 Dividends and interest thereon held on deposit surren dered during the year 636 88 18 Paid stockholders for interest or dividends 15000 00 19 Commissions to agents less commission on reinsurance first years premiums 15507426 renewal premiums 22350649 annuities original 27219 renewal 210825 total 380961 19 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 16141 72 23 Branch office expenses including salaries of managers and clerks not included in item 21 69373 06 24 Medical examiners fees 2475602 inspection of risks 262590 total 27381 92 25 Salaries and all other compensation of officers directors trustees and home office employees 168775 75 26 Kent including 2400000 for companys occupancy of its own buildings 24000 00 27 Advertising 2103903 printing and stationery 11 40740 postage telegraph telephone and express 9 17234 total 41618 77 28 Legal expense not included in item 15 4394 44 29 Furniture fixtures and safes 2604 70 30 Repairs and expenses other than taxes on real estate 37099 47 31 Taxes on real estate 15243 66 32 State taxes on premiums 44203 85 33 Insurance department licenses and fees 6388 48 34 All other licenses fees and taxes give items and amounts viz 35 Tax on deposit 500 tax on reserve 204878 total 2053 78 36 Municipal licenses and fees 1449 53 37 United States corporation tax 4419 88 7923 19 38 Other disbursements 39 Traveling expenses of officers and home office employees 3879 82 40 Rent of vault etc 755 00 41 Legislative and other expenses paid through Association of Life Insurance Presidents 1050 40 42 Examination expenses 680 95 43 Miscellaneous expenses 3424 60 44 Total 9790 77 46 Gross loss on sale or maturity of ledger assets viz bonds 317 53 47 Gross decrease by adjustment in book value of ledger assets viz bonds 12444 80 48 Total disbursements 3384518 7 ComptrollerGeneral s Report IVLedger Assets Book value of real estate Mortgage loans on real estate first liens Loans made to policyholders on this companys policies assigned as collateral Premium notes on policies in force Book value of bonds 1076891000 and stocks 1404 11293 total Cash in companys office 2231 69 Deposits in trust companies and banks not on interest 23645 24 Deposits in trust companies and banks on interest 366195 64 425 1643609 81 7015415 00 2819626 00 607788 02 12173022 93 10 Agents balances debit 1772388 credit 15378 net 11 12 13 14 16 18 20 Total Less sundry small amounts due policyholders and agents whose whereabouts are unknown to the company Total ledger assets as per balance NonLedger Assets Interest accrued on mortgages 28468 76 Interest accrued on bonds 148743 75 Interest due 1223472 and accrued 71353 on premium notes policy loans or liens 12948 25 Interest due and accrued on balances in banks and trust companies 800 00 Rents due 220750 and accrued 2 08333 on companys property or lease 4290 83 392072 57 17570 10 24669104 43 4077 73 24665026 70 21 Total interest and rents due and accrued 195251 59 New Business Renewals 25 26 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi urns Gross deferred premiums on policies in force De cember 31 1910 less reinsurance premiums 5513 93 188732 93 41499 84 224875 33 27 Totals 47013 77 413608 26 426 ComptrollerGenerals Beport 28 Deduct loading 10259 03 100069 42 29 Net amount of uncollected and deferred premiums 36754 74 313538 84 Deduct Assets Not Admitted 350293 58 38 Agents debit balances gross 17723 88 44 Bonds and stocks 167548 93 185272 81 45 Admitted assets 25025299 06 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of December 910 as computed by the New York Insurance Department on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on life endow ment and term policies with continuous or limited premiums and with or without a pure endowment or return premium feature and participating or non participating issues 18601900 inclusive 11730361 00 Same for revisionnry ad ditions 411482 00 12141843 00 American Experience ta ble at 3 per cent on same classes as Actu aries 4 per cent is sues of 19011907 in clusive 6928415 00 Same for revisionnry ad ditions 1907129 00 8835544 00 3 American Experience ta ble at 3 per cent on life endowment and term policies with con tinuous or limited pre miums and with orComptrollerGenerals Report 427 without a return pre mium feature partici pating issues 1908 1910 inclusive 1123751 00 Same for revisionary ad ditions 1198 00 1124949 00 Net present value of an nuities including those in reduction of premi ums viz Actuaries table at 4 per cent 202038 00 American Experience ta ble at 3y2 per cent 259188 00 MeClintocks table at 3 per cent 81202 00 542428 00 Total 22644764 00 6 Deduct net value of risks of this com pany reinsured in other solvent com panies 138242 00 10 13 14 15 Net reserve paid for basis Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded Claims for death losses which have been reported and no proof received 122767 77 Claims for matured endowments due and unpaid 15926 13 Claims for death losses and other policy claims resisted by the company 6000 00 22506522 00 184806 00 6680 00 17 Total policy claims 19 Dividends left with the company to accumulate at inter est and accrued interest Miereon 20 Premiums paid in advance including surrender values so applied EjBl 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 fees 4450 and legal fees 117500 due or accrued 27 State county and municipal taxes due or accrued 144693 90 11192 26 23535 31 102698 17 1352 17 3500 00 1219 50 44500 00 428 ComptrollerGenerals Eeport 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 11377 81 38 Reserve for possible future depreciation in real estate 43609 81 40 United States corporation tax 5000 00 1 Reserve for death claims not reported at the time this statement was made 15000 00 44 Capital stock 125000 00 45 Unassigned funds surplus 1794612 13 46 Total 25025299 06 Business in the State of Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year 480 1299051 00 17 Policies on the lives of citizens of said State issued during the year 65 144521 0J 18 Total 545 1443572 00 19 Deduct ceased to be in force during the year 51 84087 00 20 Policies in force December 31 494 1359485 00 21 Losses and claims unpaid December 31 of pre vious year 1 16499 00 22 Losses and claims incurred during year 2 4000 00 23 Total 3 20499 00 24 Losses and claims settled during the year in cash 3 20499 00 26 Premiums collected or secured in cash and notes or cred its without any deduction for losses dividends com missions or other expenses 47366 1 a ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO ILLINOIS T W Stevens President Oswald J Arnold Secretary Principal Office Chicago Illinois ICapital Stock 1 Amount of capital stock paid up in cash 100000 00 Extended at 6984800 ljj IIIncome During Year 1910 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 480098 22ComptrollerGenerals Eeport 429 1 Cash received for renewal premiums without deductions for commissions or other expenses 1255318 03 3 From dividends applied to pay running premiums 3 From dividends applied to purchase paidup additions and annuities 4 From surrender values applied to pur chase paidup insurance and annuities 24827 99 19266 23 5068 02 Total 1784578 49 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 14 83852 renewals 1508856 total 29927 08 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 deferred premiums 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 bonds or stocks 18 Gross interest on deposits in trust companies and banks and sundry 19 From all other sources viz Rebate on special assessment Total income 1754651 41 37817 80 104833 03 139340 57 15618 70 8 66 59175 00 2173 27 14816 60 63 15 2128498 25 IIIDisbursements for the Year 1910 Cash paid for death claims including re visionary additions Cash paid for matured endowments and additions thereto Total Deduct amount received from other com panies for losses or claims on policies of this company reinsured 527756 06 45789 77 573545 83 955 09 10 11 Total net amount actually paid for losses and matured endowments Cash paid to annuitants Voided by lapse Cash dividends paid policyholders Cash dividends applied to pay running premiums 572590 74 900 00 6894 54 10589 34 19266 23 430 omptbollekGeneral s K EPI IRT 12 Cash dividends applied to purchase paidup additions and annuities 5068 02 13 Surrender values paid in cash 182 930 82 15 Surrender values applied to purchase paidup insurance and annuities 24 827 99 Total paid policyholders 823067 68 16 CaSh paid stockholders for interest on dividends 7000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 32772654 renewals 12907128 total 456797 82 18 Cash paid for salaries and allowances to managers and a8eilts 33759 33 19 Cash paid for examiners fees 2355213 inspection of risks 563960 total 29 191 77 20 Cash paid for salaries and all other compensation of offi eers and home office employees114 877 43 21 lash paid for taxes on new and renewal premiums 17388 73 22 Cash paid for taxes on personal 148610 on real estate 126920 total 2755 30 23 Cash paid for insurance department fees and agents li censes 218653 municipal licenses 22868 total 2413 21 24 ash paid for rent 19 04g 4g 25 Cash paid for collection of premiums 1781 70 26 Cash paid for postage telegraph telephone and express 8195 65 27 Cash paid for advertising 1246566 printing 10 37286 exchange 111259 total 23951 11 28 Cash paid for real estate expenses other than taxes 6 89792 for legal expenses 659204 total 13489 96 29 1 ash paid for the following items viz Expenseloss on Kentucky mortgage 65000 expense incidental 4 49689 gross loss on sale or maturity of ledger assets viz Bonds 13560 gross decrease by adjustment in book value of ledger assets viz Real estate 6315 bonds 4162 amortization of premiums 116180 total 6549 06 30 Total disbursements 550 267 20 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 691541 92 2 Loans on mortgage first liens on real estate 586334 19 3 Loans secured by pledge 0f bonds stocks or other market able collaterals 1534755 00 4 Loans made in cash to policyholders on this companys policies assigned ls collateral 1555 295 23 5 Premium notes loans or liens on policies in force 3791 64 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 2 488 239 77ComptrollerGenerals Report 431 7 Gash in company a office 9305 05 8 Cash deposited in banks 205980 73 9 Bills receivable 3104 77 10 Agents ledger balances of which 2626787 was ad vanced during the year 249625 05 Rental Contract corporation obligation secured com muted value 118371 54 Suspense 1887904 furniture and fixtures 4370722 Com d Ren Coms 4410000 total 106686 26 11 Total net or ledger assets as per balance above 7553031 15 Other Assets 14 15 16 17 18 20 21 23 24 Interest due 5000 and accrued 8 37447 on mortgages 8424 47 Interest accrued on bonds and stocks 1020 86 Interest accrued on collateral loans 17479 92 Interest accrued on premiums notes loans or liens 8953 88 Interest accrued on other asset 168 22 Total carried out Market value of real estate over cost Market value of bonds and stocks over cost New Business Renewals 13999 95 133610 45 6156 59 131242 72 20156 54 264853 17 26 28 I M 2 3 t41 4 Gross premiums due and unreported on policies in force December 31 1910 Gross deferred premiums on policies in force De cember 31 1910 Totals Deducting loading actual on new and actual on renewals Net amount of uncollect ed and deferred pre miums 6580 49 222561 76 Total assets as per books of the company Items Not Admitted 13576 05 42291 41 36047 35 389958 08 301682 73 229142 25 8509861 56 Furniture fixtures and safes 43707 22 Commuted commissions 44100 00 Cash advanced to or in the hands of offi432 ComptrollerGenerals Report cers or agents suspense account 18879 04 5 Agents balances 252484 14 6 Premium notes and loans on policies in excess of the net value 22447 56 7 Bills receivable 3104 77 Total 384722 73 9 Total assets less items not admitted 8125138 83 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with 4 and 3 per cent interest 6294769 00 Deduct net value of risks of this company reinsured in other solvent companies 25598 00 Net reinsurance reserve 7269171 00 1 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 22686 30 3 Claims for death losses reported and proofs not received 30145 00 5 Claims for death losses in process of ad justment 9371 36 6 Claims for death losses and other policy claims resisted by the company 1000 00 Total policy claims 40876 36 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 132395 59 11 Amount of unearned interest and rent paid in advance 23503 58 12 Amount of national state or other taxes due 17248 03 13 Amount due on account of salaries rents and office ex penses 10773 14 14 Medical examiners fees and inspection 2624 00 15 Special reserves to cover credits on premiums on re insured policies 4744 48 16 Amount of any other liability of the company viz Pre miums paid in advance 11122 18 Accumulated supervisorship investment fund held await ing apportionment upon supervisorship investment poli cies in accordance with the terms thereof 33728 87 17 Liabilities on policyholders account 7568873 53 18 Gross surplus on policyholders account 556265 30 19 Total liabilities 8125138 83ComptrollerGeneral s Report 433 Business in Georgia During 1910 No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 1447 2340676 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 868 1444401 00 Total 2315 3785077 00 Deduct the amount which have ceased to be in force during the year 425 853846 00 Total number and amount of policies in force in Georgia December 31 1910 1890 293123100 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 4 5000 00 Amount of losses and claims on policies in Georgia incurred during the year 19 38255 97 Total 23 43255 97 Amount of losses and claims on policies in Georgia paid during the year 21 39755 97 INTERSOUTHERN LIFE INSURANCE COMPANY OF KENTUCKY James R Duffin President David Meriwether Secretary Principal Executive Office Louisville Kentucky ICapital Stock 1 Amount of capital stock paid up in cash 207571 00 Amount of net or ledger assets December 31 of previous year 198708 46 Increase of capital during 1910 63136 00 Extended at 261844 46 IIIncome During Year 1910 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 35723 42 1 Cash received for renewal premiums without deductions for commissions or434 other expenses 2 Premium notes loans or liens taken in part payment for renewal premium ComptrollerGenerals Report 13393 12 683 62 Total 49800 16 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 32507 re newals 94056 total 1265 63 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 Interest on time deposits 12 Interest on stock notes 15 Ledger assets other than premiums received from other companies for assuming or reinsuring their risks 18 Surplus from sale of stock 7915400 premiums in advance 67975 total 19 From all other sources viz Partial pay on stock Total income 48534 53 1355 50 4870 00 210 67 590 37 335 75 9835 75 79833 75 1033 32 146599 64 IIIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions 8250 00 Total Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance renewals 52060 IS Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 393797 in spection of risks 32400 total 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 21 ash paid for taxes on new premium 8250 00 7 Total net amount actually paid for losses and ma tured endowments 8 250 00 10 Cash paid policyholders Premium reduction 21 15 13 Surrender values paid in cash 371 52 8642 77 29332 32 11346 58 4261 97 9374 91 255 00ComptrollerGenerals Report 435 22 ash paid for taxes on investments 2932 61 24 Cash paid for rent 2308 00 26 Cash paid for furniture fixtures and safes for home and agency offices 2518 64 27 Cash paid for advertising 207556 printing 224107 P T T 128754 Ex 4658 total 5650 75 28 ash paid for real estate expenses other than taxes 4400 for legal expenses 160882 total 1652 82 29 Cash paid for the following items viz Home office travel ing expenses 135058 interest and discount 1 80600 general expenses 669145 bills payable 12 70000 profit and loss 166181 commission stock sales 1978775 loss on sale of bonds 122500 total miscellaneous expenses 45222 59 30 Total disbursements 123498 96 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 23900 00 2 Loans on mortgage first liens on real estate 31808 08 3 Loans secured by pledge of bonds stocks or other market able collaterals 7500 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 2685 00 5 Premium notes loans or liens on policies in force of which 283411 was received during the year 3592 15 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 129755 00 7 Cash in companys office 2168 78 8 Cash deposited in banks 25038 55 9 Bills receivable cash deposited in trust companies and banks 22848 51 10 Agents ledger balances of which 1759231 was ad vanced during the year 35649 07 11 Total net or ledger assets as per balance above Other Assets 14 Interest accrued on mortgages H5 Interest accrued on bonds and stocks 17 Interest accrued on premiums notes loans or liens 18 Interest accrued on other assets 19 Rents due 284945 14 865 21 558 26 269 61 2047 13 55 11 Total carried out 20 Market value of real estate over cost 21 Market value of bonds and stocks over cost 3795 32 1200 00 400 00436 ComptrollerGenerals Report New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 1468 82 23108 27 24 Gross deferred premiums on policies in force De cember 31 1910 10468 07 Totals 11936 89 23108 27 25 Deducting loading 70 per cent on new and 8 per cent on re newals 1028 18 26 Net amount of uncollect ed and deferred pre miums 27 Furniture fixtures and safes 28 Total assets as per books of the company 1848 10908 71 21259 61 32168 32 4000 00 I 326508 78 Items Not Admitted 2 Furniture fixtures and safes 4000 00 5 Agents balances 35649 07 7 Deposit 87995 time deposit 604911 collateral loan 700000 total 13929 06 The above in Owensboro Savings Bank Trust Co now being liquidated Total 9 Total assets less items not admitted 53578 13 272930 65 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to American y per cent interest Deduct net value of risks of this company reinsured in other solvent companies 44878 00 687 00 Net reinsurance reserve 44191 00 1 ComptrollerGenerals Beport 16 Amount of any other liability of the company viz Pre miums paid in advance 67975 partial payments on stock 51666 total 437 1196 41 17 Liabilities on policyholders account 45387 41 18 Gross surplus on policyholders account 227543 24 19 Total liabilities 272930 65 INTERNATIONAL LIFE INSURANCE COMPANY OP ST LOUIS MO Massey Wilson President W E Grantges Secretary Principal Office 10th and Olive Sts St Louis Mo ICapital Stock 1 Amount of capital stock paid up in cash 620350 00 Amount of net or ledger assets December 31 of previous year 1064034 91 Extended at 1064034 91 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 1 Cash received for renewal premiums without deductions for commissions or other expenses 3 Erom dividends applied to pay running premiums 318730 59 116189 86 12697 36 Total 447617 81 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 532497 renewals 93131 total 6256 28 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and divi dends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 16 Prom dividends left with the company at interest 19 Prom all other sources viz Premiums on declined appli cations current 93190 furniture fixtures and safes 109975 total Total income 441361 53 24675 60 9922 08 95 35 5991 90 9257 87 2031 65 493335 98438 ComptrollerGeneral s Report HIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions 18095 45 Total 18095 45 Total net amount actually paid for losses and ma tured endowments 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums Dividends left with the company to accumulate at in terest 17 18 19 20 21 22 23 24 27 28 29 Total paid policyholders Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 24488445 renewals 310608 total Cash paid for salaries and allowances to managers and agents ash paid for medical examiners fees 2028725 inspec tion of risks 515945 total Cash paid for salaries and all other compensation of offi cers and other home office employees Cash paid for taxes on premiums Cash paid for taxes St Louis City personal property tax Cash paid for insurance department fees and agents li censes Agents 120603 eas 368666 examination of company 143387 municipal licenses 89800 Cash paid for rent including 832581 companys occu pancy less 159750 received under sublease Cash paid for advertising 602340 printing 794283 postage telegraph telephone express and exchange Cash paid for legal expenses ConsolidationDifferential paid stockholders Cash paid for the following items viz Prizes for agency contests 372984 purchase of agency contracts 150000 periodicals 11050 technical publications 8050 advance and partial payments suspense 1 74666 officers and other traveling expenses 428174 inspection of mortgage loans 4400 compromise Crockett agent account 54500 collateral loans and bills receivable 513000 loss on sale of bonds 1 08950 total Total miscellaneous expenses 81995 18095 45 486 60 12697 36 9257 87 40537 28 247990 53 21691 67 25446 70 39454 40 2945 60 12391 07 7224 56 6728 31 39259 06 1956 52 25950 00 18257 74 819 95 30 Total disbursements 470653 399 10 11 14 15 17 18 ComptrollerGenerals Report 439 IVAssets as Per Ledger Accounts Loans on mortgage first liens on real estate 667148 30 Loans secured by pledge of bonds stocks or other market able collateral 8440 00 Loans made in cash to policyholders on this companys policies assigned as collateral 2716 54 Premium notes loans or liens on policies in force 3654 54 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 185947 50 Cash in company a office 358 95 Certificates of deposit 58578 55 Cash deposited in banks 64936 58 Bills receivable 37988 16 Agents ledger balances of which 5694838 was ad vanced during the year 56948 38 1086717 50 Total net ledger assets as per balance above Other Assets Interest accrued on mortgages Interest accrued on bonds and stocks Interest on premiums notes loans or liens Interest on banks 13299 94 2176 26 72 54 530 54 Total carried out 16079 28 New Business 23 24 25 26 28 Gross premiums due and unreported on policies in force December 31 1910 Gross deferred premiums on policies in force De cember 31 1910 44251 27 1107 53 Renewals 23819 93 3413 76 Totals Deducting loading 71 per cent on new and 12 per cent on re newals 45358 80 27233 69 32204 75 3268 04 Net amount of uncollect ed and deferred pre miums 13154 05 23965 65 Total assets as per the books of the company 1139916 48 37119 70 440 CompteollebGenebal s Eepoet Items Not Admitted 1 Collateral loans 8 0Q 5 Agents balances 58263 21 6 Premium notes and loans on policies 8 612 00 7 Bills receivable 37m 16 Book value of ledger assets over market Value 3582 50 Total 116885 87 9 Total assets less items not admitted 1023030 61 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 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 181971 23 2759 00 Net reinsurance reserve Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 179212 23 3000 00 10 Total policy claims Amount of unpaid dividends of surplus or other descrip tion of profits due policyholders Commission due agents on premium notes when paid 12 Amount of state national or other taxes due 13 Amount due on account of salaries rents and office ex penses 14 Amount due for medical examinations 190000 inspec tion fees 62500 total 15 Capital stock 16 Amount of any other liability of thecompanyviz Pre miums paid in advance 70059 interest and rent paid in advance 4157 advance and partial payments 1 98716 net premiums on reinsurance not id i 10123 total isurance not paid 1 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities 3000 00 9614 48 184 99 6043 15 2069 94 2525 00 620350 00 3830 55 826830 34 196200 27 1023030 61COMPTROLLERGrENERAL s BEPORT 441 Business in Georgia During 1910 Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 322 601666 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 557 1053622 00 Total 879 1655288 00 Deduct number and amount which have ceased to be in force during the year 262 526212 00 Total number and amount of policies in force in Georgia December 31 1910 617 1129076 00 Total amount of losses and claims paid on policies in Georgia during the year 2 5000 00 JEFFERSON STANDARD LIFE INSURANCE COMPANY OF RALEIGH NORTH CAROLINA Jos G Brown President Chas W Gold Secretary Principal Office Fayetteville St Raleigh N C ICapital Stock 1 Amount of capital stock paid up in cash 250000 00 Amount of net or ledger assets December 31 of previous year 718150 52 Extended at 718150 52 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 1 Cash received for renewal premiums with out deductions for commissions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new policies 2y2 Premium notes loans or liens taken in part payment for renewal premiums 3 From dividends applied to pay running pre miums 3 From dividends applied to purchase paid up additions and annuities 96408 46 193309 25 1490 36 27061 46 1654 04 337 73442 CompteollebGenebal s Eepobt 4 From surrender values applied to pay run ning premiums 4y2 From surrender values applied to purchase paidup insurance and annuities 298 45 3640 00 Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 261320 re newals 364065 total 324199 75 6253 85 7 Total premium income 8 Cash received for interest on mortgage loans 9 Gash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents 14 Cash received for profits on sales of real estate 276 39 all other 26935 total 17 Premium notes loans or liens restored by revival or policies Total income 317945 90 12320 99 4410 60 1953 87 15533 96 67 75 i 545 74 50 00 352829 01 HIDisbursements for the Year 1910 59340 88 1 Cash paid for death claims including re visionary additions Total 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 59340 88 5000 00 7 Total net amount actually paid for losses and matured en i lowments 9 Premium notes loans or liens used in purchase of su dered policies 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 insuranc and annuities Total paid policyholders i 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 5199592 re newals 819315 total 54340 88 4413 78 1654 04 337 73 7001 22 298 45 3640 00 71686 10 60189 07 ComptrollerGenerals Report 443 18 Cash paid for branch office expenses and traveling expenses of managers and agents 19 Cash paid for medical examiners fees 1660699 inspec tion of risks 201660 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 22 Cash paid for taxes on investments 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent 25 Cash paid for commuting commissions 27 Cash paid for advertising 442751 printing 450272 postage telegraph telephone and express 291744 exchange 3700 total 28 Cash paid for real estate expenses other than taxes 2585 for legal expenses 136558 total 29 Cash paid for the following items viz Health and disability claims 35000 sundries 52494 loss on sale of bonds 23750 gross decrease by adjustment in book value of ledger assets 524624 total 30 Total disbursements IVAssets as Per Ledger Accounts Loans on mortgage first liens on real estate 3 Loans by pledge of bonds stocks or other marketable col laterals 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 2855182 was received during the year 6 Cost value of stocks and bonds owned excluding accrued in terest at time df purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances Furniture and fixtures 11 Total net or ledger assets as per balance above Other Assets 14 Interest accrued on mortgages 4144 75 15 Interest accrued bonds and stocks 91 25 17 Interest accrued on remiums notes loans or lions 755 00 Total carried out 8001 21 18623 59 24325 56 1483 56 5623 42 1084 59 2592 60 1496 17 11884 67 1391 43 5483 74 214740 65 282183 12 301911 26 18107 55 33837 12 141782 50 1902 07 44659 80 94 79 28132 71 3627 96 856238 88 4991 00444 CompteollebGenebals Eepoet New Business Renewals 23 Gross premiums due and un reported on policies in force Dec 31 1910 24 Gross deferred premiums on policies in force Decem ber 31 1910 2709 49 17687 04 744 11 Totals 2709 49 2443115 25 Deducting loading 1912 84 4514 02 26 Net amount of uncollected and deferred premiums 796 65 Items Not Admitted 2 Furniture fixtures and safes 3 Premium notes on policies in excess of the net value of their policies 5 Agents balances 7 Bills receivable 19917 13 3627 96 1449 72 28132 71 94 79 Total Net reinsurance reserve 3 Claims for death losses due and unpaid 3000 00 Total policy claims 13 Amount due on account of salaries rents and office ex penses 16 Amount of any other liability of the company Medical examiners fees 71250 inspection fees 16986 legal fees 5000 reinsurance premiums 5265 total 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 20713 78 33305 18 9 Total assets less items not admitted 848 638 48 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with four per cent interest 402350 00 Deduct net value of risks of this company reinsured in other solvent companies 4024 00 398326 00 3000 00 187 82 1772 53 985 01 404271 36 444367 12 19 Total liabilities 848638 48 OMPTROLLERGrENERAL s REPORT Business in Georgia During 1910 445 No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 478 729699 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 473 649500 00 Total 951 1379199 00 Deduct number and amount which have ceased to be in force during the year 176 292584 00 Total number and amount of policies in force in Georgia December 31 1910 775 1086615 00 No Amount Amount of losses and claims dn policies in Georgia incurred during the year 5 7000 00 Total 5 7000 00 7000 00 paid during the year 5 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses 42721 81 LIFE INSURANCE COMPANY OP VIRGINIA RICHMOND VA J G Walker President E D Harris Secretary Principal Office 909 East Broad St Richmond Va L Z Rosser and Morris Brandon Atlanta Attorneys for Service in Georgia ICapital 1 Amount of capital stock paid up in cash 300000 00 Amount of net or ledger assets December 31st of previous year 5164468 32 Increase of capital during 1910 50000 00 Balance unpaid on real estate purchased during current year being an existing mortgage assumed by the company 25000 00 Extended at 5239468 32 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 448014 47446 fomptkollerGtenerals Eeport 1 Cash received for renewal premiums without deductions for commissions or other expenses 2273780 20 3 From dividends applied to pay running premiums 2571 33 3 Prom dividends applied to purchase paidup additions and annuities 394 56 4 Prom surrender values applied to pay run ning premiums 496 72 4 From surrender values applied to pur chase paidup insurance and annuities 40480 16 Total 2765737 44 6 Deduct amount of premiums paid to other companies for reinsurance on policies in force in this company new business 40654 renewals 234324 total 2749 83 10 11 12 13 14 19 Tolnl premium income Cash received for interest on mortgage loans Cash received for interest on bonds owned and dividends on stock Cash received for interest on premium notes loans or liens Cash received for interest on banlc deposits Cash received for interest on collateral loans Cash received for rents for use of companys property including 720000 for companys own occupancy Cash received for profits on sales of bonds or stocks 39104 real estate 690025 total From all other sources viz Agents cash bonds 2762987 61 218385 14 38345 65 9777 29 8425 9U 4109 76 7723 61 I Total income TilDisbursements for the Year 7291 29 2350 00 1 1 3059396 25 11 v 1 1 Cash paid for death claims including re visionary additions 846327 61 3 Cash paid for matured endowments and additions thereto 118 00 5 Cash paid for weekly indemnity claims 176 40 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paidup additions and annuities 13 Surrender values paid in cash 846622 01 22 24 43367 99 2571 33 394 56 32231 47m j ComptrollerGenerals Report 447 14 Surrender values applied to pay running premiums 496 72 15 Surrender values applied to purchase paidup insurance and annuities 40480 16 Total paid policyholders 966186 48 16 Cash paid policyholders for interest on dividends 95000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 17739578 renewals 31269383 total 490089 61 18 Cash paid for salaries and allowances to managers and agents and for agency expenses 267436 56 19 Cash paid for medical examiners fees 4570573 inspec tion of risks 101425 total 46719 98 20 Cash paid for salaries and all other compensation of offi cers and home office employees 158660 62 21 Cash paid for State taxes on premiums 3357929 on real estate 149993 U S Corporation tax 115862 total 36237 84 22 Cash paid for State licenses franchise and personal prop erty 14449 56 23 Cash paid for insurance department fees and agents li censes municipal licenses and taxes 10841 10 24 CaSh paid for rent including 720000 companys occu pancy less 1600 received under sublease 28986 17 25 Cash paid for postage telegraph telephone and express 6300 48 26 Casli paid for furniture fixtures and safes for home and agency offices 311489 traveling expenses home of fice 286532 total 5980 21 27 Cash paid for advertising 1990509 printing and sta tionery 1628773 genera expense home office 8 20891 total 44401 73 28 ash paid for real estate expenses other than taxes 62933 for legal expenses 1502061 total 15649 94 29 Cash paid for the following items viz Agents cash bonds 1750 00 Profit and loss and decrease by adjustment in book value of assets 3195 69 30 Total disbursements 2191885 97 IVAssets as Per Ledger Accounts 1 Cost value of real estate 134976 12 2 Loans on mortgage first liens on real estate 4594660 57 3 Loans secured by pledge of bonds stocks or other market able collaterals 59873 69 4 Loans made in cash to policyholders on this companys policies assigned as collateral 163680 16 5 Premium notes loans or liens on policies in force received during the year 3989 87448 ComptrollerGenerals Eeport 6 Book value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys offices 8 Cash deposited in banks 11 Total net or ledger assets 12 Deduct depreciation from cost of assets to bring same to market value 13 Total net or ledger assets less depreciation 809404 49 6563 01 333830 69 6106978 60 14073 45 6092905 15 Other Assets 14 Interest due 295500 and accrued 61 29433 on mortgages 64249 33 15 Interest accrued on bonds and stocks 13479 60 16 Interest due 2858 and accrued 93868 on collateral loans 967 26 17 Interest due 37832 and accrued 204 on premium notes loans or liens 380 36 19 Rents due and accrued on companys prop erty or lease 50 00 Total carried out 20 Market value of real estate over cost 21 Market value of stocks over book value 23 Gross premiums due and unreported on policies in force December 31 1910 24 Gross deferred premiums on policies in force De cember 31 1910 New Business Renewals 10212 94 33992 68 15538 88 60645 19 Totals 25751 82 25 Deduct loading 6184 15 94637 87 28060 45 26 Net amount of uncollect ed and deferred pre miums Extended at 27 Premium extension notes 19567 67 1577 42 79126 55 53276 98 30975 00 86145 09 1524 36 28 Total assets as per the books of the company 6343953 11ComptrollerGenerals Report 449 VLiabilities Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to the Actuaries Table of Mortality with four per cent interest American Sy2 and 3 per cent Standard Industrial 3 per cent 4839342 00 Deduct net value of risks of this company reinsured in other solvent companies 1540 00 Net reinsurance reserve 2 Liability on policies cancelled and not included above upon which a surrender value may be demanded 3 Claims for death losses not reported es timated 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 6 Claims far death losses and other policy claims reported and no proofs received 6425 75 4837802 00 25000 00 14086 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 101 Amount declared and apportioned to annual and de ferred dividend policies payable in 1911 11 Amount of unpaid dividends to stockholders 12 Amount of National State and other taxes accrued 13 Amount due or accrued on account of salaries rents and office expenses medical and legal fees 14 Amount of mortgage on real estate 2500000 accrued interest thereon 20833 total 15 Commission due agents on premium notes when paid 16 Amount of any other liability of the company viz Pre miums paid in advance 5567730 unearned interest paid in advance 411319 total Agents cash bonds 17 Liabilities 18 Capital stock 19 Surplus 18998 00 45511 75 7338 82 51246 10 9000 00 40913 26 16416 00 25208 33 134 27 59790 49 2850 00 5115209 02 3000Q0 00 928744 09 20 Total liabilities 6343953 11 VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 6184 55450 ComptrollerGeneral s Report 2 Premium notes loans or liens received during the year on new policies 16762 S3 Total Deductions during the year 22947 38 17433 15 Balance note assets at end of the year 5514 23 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 23884 3235231 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 18402 2374481 00 Total 42286 5609712 00 Deduct number and amount which have ceased to be in force during the year 14357 1725847 00 Total number and amount of policies in force in Georgia December 31 1910 27929 3883865 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 345 39802 48 Total 345 39862 48 Amount of losses and claims on policies in Georgia paid during the year 344 39362 48 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends com missions or other expenses Total 15360809 MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK Henry B Stokes President Melvin De Mott Secretary Home Office 64 68 and 70 Broadway New York City 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 20640480 72 4 Extended at 20640480 72ComptrollerGenerals Report 451 IIIncome During Year 1910 5 First years premiums on original policies without deduction for commissions or other expenses less 661387 for first years insurance 188873 54 6 Surrender values applied to pay first years premiums 8671 45 7 Total first years premiums on original policies 197544 99 8 Dividends applied to purchase paidup addi tions and annuities 8388 91 10 Consideration for original annuities involv ing life contingencies 10000 00 11 Consideration for supplementary contracts involving life contingencies 7754 49 12 Total new premiums 223688 39 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 1977383 for reinsurance on renewals 1935145 82 14 Dividends applied to pay renewal premiums 52245 50 16 Surrender values applied to pay renewal premiums 6045 71 18 Total renewal premiums 1993437 03 19 Total premium income 2217125 42 20 Consideration for supplementary contracts not involving life contingencies 4597 00 21 Dividends left with the company to accumulate at interest 1459 66 23 Gross interest on mortgage loans 401463 22 25 Gross interest on bonds and dividends on stocks less 541666 accrued interest on bonds acquired during 1910 162221 95 26 Gross interest on premium notes policy loans or liens 165447 63 27 Gross interest on deposits in trust companies and banks 16385 02 29 Gross interest on agents balances 48333 on advances repaid against first year commission 16994 penalty exacted for accepting payment of mortgage loan before maturity 17500 total 828 27 32 Gross rent from companys property in cluding 5150000 for companys occu pancy of its own buildings 255679 54 33 Total gross interest and rents 1002025 63 452 ComptrollerGeneral s Report 35 Amount received in connection with merger of Mechanics Nat 1 Bank with the Nat 1 Copper Bank 2415 00 39 Total 2415 00 41 Gross profit on sale or maturity of ledger assets viz Bonds 35194 00 42 Gross increase by adjustment in book value of ledger as sets viz Bonds including 280600 for accrual of discount 2806 00 43 Total income 3265622 71 III Disbursements 1 For death claims 127012572 additions 116000 total 1271285 72 2 For matured endowments 126400 00 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse less 166633 restorations 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 867145 to pay renewal premiums 604571 total 9 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions and an nuities 13 Dividends left with the company to accumulate at interest 1397685 72 11535 26 14086 94 634259 49 14717 16 171968 93 52245 50 8388 91 1459 66 14 Total paid policyholders 2306347 57 15 Expense of investigation and settlement of policy claims 46 50 16 Paid for claims on supplementary contracts not involving life contingencies 1184 93 17 Dividends and interest thereon held on deposit surrendered during the year 186 70 18 Paid stockholders for interest or dividends 20000 00 19 Commissions to agents less commission on reinsurance First years premiums 9084300 renewal premiums 11815164 annuities original 1575 total 209010 39 22 Agency supervision and traveling expenses of supervisors and agents except compensation for home office super vision 22199 49 23 Branch office expenses including salaries of managers and clerks not included in item 21 21709 81 24 Medical examiners foes 1272305 inspection of risks 456877 total 17291 8ComptrollerGenerals Repori 453 26 27 25 Salaries and all other compensation of officers directors trustees and home office employees Eent including 5150000 for companys occupancy of its own buildings less 27500 received under sublease Advertising 533086 printing and stationery 704733 postage telegraph telephone and express 838906 exchange 122992 total 28 Legal expenses not included in item 15 29 Furniture fixtures and safes 30 Repairs and expenses other than taxes on real estate 31 Taxes on real estate 32 State taxes on premiums 33 Insurance department licenses and fees 34 All other licenses fees and taxes viz County and municipal licenses and taxes 124378 legal advertising 74832 Federal corporation tax 229657 total 38 Other disbursements viz Expenses election of directors 9960 luncheons for employees 636049 general of fice expenses 667246 expenses in connection with mat ters before legislatures and department officers 23592 premiums on life insurance policies to secure agents indebtedness 48420 interest paid on a contested death claim 2333 total 45 Agents balances charged off 47 Gross decrease by adjustment in book value of ledger as sets viz Bonds including 279500 for amortization of premiums Stocks 119235 81 66953 05 21997 77 18714 93 1319 82 79495 08 78260 00 35830 63 3529 62 4288 67 13876 00 213 87 2795 00 2415 00 Total disbursements 3046902 46 IVLedger Assets 1 Book value of real estate I 2 Mortgage loans on real estate first liens 4 Loans made to policyholders on this companys loans as signed as collateral 5 Premium notes on policies in force of which 991080 is for first years premiums 6 Book value of bonds 348961300 and stocks 211 91708 total 7 Cash in companys office 2478 46 8 Deposits in trust companies and banks not on interest 25000 00 9 Deposits in trust companies and banks on interest 198092 45 5474571 07 8030123 60 3191155 28 218851 76 3701530 08 Total cash items 225570 91 10 Agents balances debit 1782522 12 Total ledger assets credit 42695 net 17398 27 20859200 97454 ComptrollerGenerals Report NonLedger Assets 13 Interest due 13750 and accrued 166 94203 on mortgages 167079 53 14 Interest accrued on bonds 5564 10 16 Interest due 3828529 and accrued 5 85586 on premium notes policy loans or liens 44141 15 18 Interest due and accrued on deposits in trust companies and banks viz Union Trust Co 61323 Knickerbocker Trust Co 25984 Guarantee Trust Co 69739 United States Trust Co 76011 Franklin Trust Co 97855 Mechanics Metals National Bank 13479 total 3443 91 20 Bents due 637447 and accrued 8 16331 on companys property lease 14537 78 21 Total interest and rents due and accrued 22 Market value of real estate over book value New Business 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums Renewals 1009 84 137275 39 5939 00 66059 67 27 Totals 6948 84 203335 06 28 Deduct loading 21 per cent 1511 37 44225 37 29 Net amount of uncollected and deferred premiums 5437 47 159109 69 284266 47 343387 93 35 Gross assets 21651402 53 j Deduct Assets Not Admitted 38 Agents debit balances gross 17825 22 42 Book value of ledger assets over market value viz Stocks 69397 08 44 Total 45 Admitted assets 87222 30CoMPTROLLERGtENERALS REPORT 455 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 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 policies issued prior to January 1st 1901 13831829 00 Same for revisionary additions 37282 00 Total 13869111 00 2 American Experience table at 3 per cent on policies issued after January 1st 1901 on nonparticipating plan 480204 00 Total 480204 00 3 American Experience table at 3 per cent on policies issued after January 1st 1901 on participating plan 4565511 00 Same for revisionary additions 3223 00 Total 4568734 00 5 Net present value of annuities including those in reduction of premiums viz Actuaries 4 on annuities issued prior to January 1st 1901 37952 00 American Experience 3 on annuities is sued after January 1st 1901 and prior to January 1st 1907 46754 00 McClintocks 3y2 on annuities issued after January 1st 1907 18375 00 American Experience 3 on deferred re visionary annuities issued after Janu ary 1st 1907 44 00 103125 00 Total 19021174 00 6 Deduct net value of risks of this company reinsured in other solvent companies 102555 00 8 Net reserve paid for basis 18918619 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies 25887 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demanded 5913 00 11 Claims for death losses due and unpaid 3995 30 12 Claims for death losses in process of adjust ment or adjusted and not due 8571 00 13 Claims for death losses which have been re456 ComptkollerGenebals Rejpobt ported and no proofs received less re serve 29078 00 14 Claims for matured endowments due and unpaid 1869 09 15 Claims for death losses and other policy claims resisted by the company 35220 00 16 Due and unpaid on annuity claims involving life contingencies 146 43 17 Total policy claims 78 879 82 19 Dividends left with the company to accumulate at inter est and accrued interest thereon 3 235 28 20 Premiums paid in advance including surrender values so applied 20311 02 21 Unearned interest and rent paid in advance 81477 46 22 Commissions due to agents on premium notes when paid 10666 54 23 Commissions to agents due or accrued 1753 00 25 Salaries rents office expenses bills and accounts due or accrued 4006 00 26 Medical examiners fees due or accrued 1109 00 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 15323 86 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 19574 40 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 45875 43 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 1647534 03 35 Reserve special or surplus funds not included above viz Amount to provide for any possible depreciation or other liability 25000 00 44 Capital stock 100000 00 45 Unassigned funds surplus 559 015 39 46 Total 21564180 23 Business in the State of Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year 1782 2920 760 00 17 Policies on the lives of citizens of said State is sued during the year 154 292127 00 18 Total 1936 3212887 00 19 Deduct ceased to be in force during the year 197 411 081 00 ComptrollerGenerals Report 457 20 Policies in force December 31 1739 2801806 00 No Amount 22 Losses and claims incurred during the year 29 71916 17 71916 17 71916 17 23 Total 29 i 24 Losses and claims settled during the year 29 i 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 83635 85 MARYLAND LIFE INSURANCE COMPANY OF BALTIMORE MI Douglas H Rose President John W Hanson Secretary Principal Office 810 South St Baltimore Md Coke S Davis Atlanta Attorney foT Service in Georgia ICapital 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets December 31 of previous year 3048320 63 4 Extended at 3048320 63 IIIncome 5 First years premiums on original policies without deductions for commissions or other expenses less 102746 for the first years reinsurance 19742 70 7 Total first years premiums on original policies 19742 70 8 Dividends applied to purchase paidup ad ditions iand annuities 924 74 10 Consideration for original annuities in volving life contingencies 3120 72 is Total new premiums 13 Renewal premiums without deduction for commissions or other expenses less 12 52413 for reinsurance on renewals 14 Dividends applied to pay renewal pre miums 23788 16 274746 50 15033 12 18 Total renewal premiums Total premium income 289779 62 313567 78458 ComptrollerGenerals Eeport 23 Gross interest on mortgage loans 9154 02 24 Gross interest on collateral loans 308 34 25 Gross interest on bonds and dividends on stocks less 127759 accrued interest on bonds acquired during 1910 109301 70 26 Gross interest on premium notes policy loans or liens 16834 27 27 Gross interest on deposits in trust com panies and banks 300 30 28 Gross interest on other debts due the com li ij 159 00 32 Gross rent from companys property in cluding 450000 for companys occu pancy of its own buildings 23154 02 33 Total gross interest and rents 35 From other sources viz Policies of reinsurance surren dered 41 Gross profit on sale or maturity of ledger assets viz Bonds 285675 stocks 37420 total 43 Total income 478840 57 159211 65 2830 19 I Mb 3230 95 1 IIIDisbursements 1 For death claims less 600000 reinsur ance 10161877 additions 16649 total 101785 26 2 For matured endowments 4730000 ad ditions 126600 total 48566 00 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Eeturned premiums 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions and an nuities 14 Total paid policyholders 18 Paid stockholders for interest or dividends 19 Commission to agents less commision on reinsurance First years premiums 821030 renewal premiums 1366898 annuities original 7968 total 20 Commuted renewal commissions 150351 26 6289 06 994 30 31167 87 81 061 14648 1U 15033 J 924 74i 219489 51 6000 01 21958 96 37 5028 29 30 31 32 33 34 38 47 ComptrollerGenerals Eeport Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Medical examiners fees 289600 inspection of risks 45900 total Salaries and all other compensation of officers directors trustees and home office employees Bent including 450000 for companys occupancy of its own buildings Advertising 118458 printing and stationery 92339 postage telegraph telephone and express 141387 ex change 7557 total Legal expense not included in item 15 Furniture fixtures and safes not expended during year but charged off boobs Repairs and expenses other than taxes on real estate 1 axes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes State municipal and county licenses 64875 municipal tax on premiums 36499 county tax on capital stock 23291 United States corporation tax 84288 total Other disbursements viz Fire insurance premiums 69000 Library Bureau 103345 appraisement ac count 1000 sundry expenses 155482 total Gross decrease by adjustment in book value of ledger assets viz Beal estate 250000 bonds including 551578 for amortization of premium 551578 total 459 3661 28 1427 74 3355 89 22029 81 4516 00 3597 41 H00 00 2445 89 3915 96 4042 31 1999 27 1403 75 2089 53 3288 27 8015 78 48 Total disbursements 313874 86 IVLedger Assets 1 Book value of real estate 250000 0U 2 Mortgage loans on real estate first liens 202100 00 3 Loans secured by pledge of bonds stocks or other collat eral 35000 00 4 Loans made to policyholders on this companys policies assigned as collateral 314673 00 5 Premium notes and premium loans on policies in force of which 7679 is for first years premiums 14448 59 6 Book value of bonds 223299602 and stocks 8166242 total 2314658 44 7 Cash in companys office 498675 deposits in trust com panies and banks not on interest 6013944 total 65126 19 460 Comptroller General s Report 10 Agents balances debit 367781 credit 69794 net 2979 87 11 Deposit with Baltimore Equitable Society 20000 open accounts judgments and suspended accounts 1399825 commuted commissions 7500 interest in default 2700 total 14300 25 12 Total ledger assets 3213286 34 NonLedger Assets 13 Interest accrued on mortgages 3021 54 14 Interest accrued on bonds 14103 19 15 Interest accrued on collateral loans 215 56 16 Interest due 76982 and accrued 4 86230 on premium notes policy loans or liens 5632 12 20 Rents due on companys property or lease 307 67 21 Total interest and Tents due and accrued 23 Market value of bonds and stocks over book value 23280 08 17063 08 25 Gross premiums due and unreported on policies in force December 31 1910 26 Gross deferred premiums on policies in force De cember 31 1910 less reinsurance premiums New Business 189 48 1198 16 27 Totals 28 Deduct loading 1387 64 377 73 Renewals 18421 01 18496 82 36917 83 9583 92 29 Net amount of uncolleet ed and deferred pre miums i Extended at 1009 91 27333 91 28343 82 35 Gross assets 3281973 30 Deduct Items Not Admitted 38 Commuted commissions 7500 agents debit balances gross 367781 total 41 Premium notes and loans on policies and net premiums in excess of the net value of their policies 3752 81 80 43 ComptrollerGenerals Eeport 461 43 Open accounts judgments and suspended accounts 13998 25 44 Total deductions 17831 49 45 Admitted assets 3264141 81 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the Insur ance Department of Maryland on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on business written prior to January 1 1903 2172656 50 Same for reversionary additions 14966 01 Total 2187622 51 2 American Experience table at 3 per cent on business written since January 1 1903 500399 73 Same for reversionary additions 6025 48 Total 506425 21 5 Net present value of annuities including those in reduction of premiums Actu aries 4 per cent for issues prior to Jan uary 1 1903 12261 88 American 3 per cent for issues since January 1 1903 29883 83 Total 42145 71 Total 2736193 43 6 Deduct value of risks of this company reinsured in other solvent companies 62048 60 8 Net reserve 2674144 83 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 76 17 11 Claims for death losses due and unpaid awaiting release 4042 16 13 Claims for death losses which have been reported and no proofs received 12469 63 462 ComptrollerGenerals Eeport 14 Claims for matured endowments due and unpaid unclaimed 3869 66 17 Total policy claims 20 381 45 20 Premiums paid in advance including surrender values so applied 591 39 21 Unearned interest and rent paid in advance 158 64 22 Commissions due to agents on premium notes when paid 200 00 23 Commission due to agents due or accrued less agents credit balances of 69794 already deducted from assets 461 86 25 Salaries rents office expenses bills and accounts due or accrued 123i 43 26 Medical examiners fees 197 00 27 State county and municipal taxes due or accrued esti mated 2950 00 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums g Q07 71 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 2403 19 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies 264 898 76 44 Capital stock 100000 00 45 Unassigned funds surplus igg 439 3g 46 Total 3264141 81 VIPremium Note Account 1 Premium Notes loans or liens on hand De cember 31st of previous year 4666 68 2 Received during the year on old policies 150 38 Total 4817 06 Deductions during the year as follows 4 Used in payment of losses and claims 192 71 7 Used in payment of dividends to policy holders 117 gi 8 Redeemed by maker in cash 349 45 9 Total reduction of premium note account 659 9g 10 Balance of note asset at end of year 4157 jgCompteollehGtenebals Report 463 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 427 589373 00 Policies on the lives of citizens of said State issued during the year 144 179612 00 Total 571 768985 00 Deduct ceased to be in force during the year 43 39881 00 20 Policies in force December 31 528 729104 00 No Amount Losses and claims unpaid December 31 of previous year Losses and claims incurred during year 23 Total Losses and claims settled during the year in cash 500 00 7019 83 7519 83 6769 83 1 705 00 25 Losses and claims unpaid December 31 Premiums collected or secured in cash and notes or credits without any de duction for losses dividends commissions or other expenses Total 2339021 THE MASONIC PROTECTIVE ASSOCIATION OP WORCESTER MASSACHUSETTS Francis A Harrington President Prank C Harrington Secretary Principal Office 518 Main Street Worcester Mass ICapital Stock 1 Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets December 31 of previous year 222866 68 Extended at 222866 68 IIIncome During Year 1910 7 Total premium income 179932 29 9 Cash received for interest on bonds owned less 18505 ac crued interest on bonds acquired 6807 45 10 Cash received for interest on deposits in trust companies and banks 180e 77 11 Policy fees required or represented by applications 28725 00 464 ComptbollebGenebals Eepoet 12 Agents balances previously charged off 29 00 19 From all other sources viz Collectors overpayments 1017 items in suspense 9185 total 102 02 Total income 217402 53 IIIDisbursements for the Tear 1910 1 Cash paid for accident and health claims 88152 45 7 Total net amount actually paid for losses 88152 45 Total paid policyholders 88152 45 16 Cash paid stockholders for interest or dividends 5000 00 17 Cash paid for commissions and bonuses to agents 16967 31 18 Cash paid for salaries and allowances to managers and agents 2560 84 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 22 Cash paid for corporation tax 23 Cash paid for insurance department fees and agents li censes 24 Cash paid for rent 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 109052 printing and sta tionery 278257 total 29 Cash paid for the following items viz Policy fees allowed agents 2805700 investigating and adjusting claims 145690 postage express telegraph and telephone 2 84635 miscellaneous 81384 gross decrease in book value of ledger assets bonds 15000 agents balances charged off 790 total miscellaneous expenses 33331 99 30 Total disbursements IVAssets as Per Ledger Accounts 6 Book value of bonds owned 7 Cash in companys office 8 Cash deposited in banks 13 Total net or ledger assets less depreciation Other Assets 15 Interest accrued on bonds and stocks 2 789 12 Total carried out 26 Net amount of uncoliected and deferred premiums ex tended at 37280 11 927 60 1760 00 1571 63 1104 00 1722 73 3873 09 194251 79 179442 50 159 87 66415 05 246017 42 2789 12 248806 54ComptrollerGenerals Report 465 Items Not Admitted Book value of ledger assets over market valuebonds 9 Total assets less items not admitted VLiabilities 5 Claims for accident and health losses in process of adjust ment and estimated expenses of settlement Total policy claims 12 Amount of national state or other taxes due estimated 13 Amount due on account of salaries rents and office expenses 16 Amount of any other liability of the company viz Pre miums paid in advance 96325 gross premiums on all unexpired risks running 3 months from December 1 1910 5540500 pro rata twothirds 3693667 items in suspense 9185 total 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities Business in Georgia During 1910 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 No 593 1096 Total 1689 Deduct number and amount which have ceased to be in force during the year 301 Total number and amount of policies in force in Georgia December 31 1910 1388 No Amount of losses and claims on policies in Georgia incurred during the year 252 1612 50 247194 04 16950 58 16950 58 1500 00 176 93 38047 96 56675 47 190518 57 247194 04 Amount 1915 00 3680 00 5595 00 995 00 4600 00 Amount 8019 95 Total 252 8019 95 Amount of losses and claims on policies in Georgia paid during the year 231 6052 35466 OomptbollebGeneeals Eepobt Amount of premiums collected and secured in Georgia during the year in cash and notes or credits without any deduc tion for losses dividends commissions or other expenses 10568 00 MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF SPBINGFIELD MASSACHUSETTS Wm V McClench President Wheeler H Hall Secretary Home Office 500 Main St Springfield Mass ICapital Stock 2 Amount of ledger assets December 31 of previous year 53497163 19 4 Extended at 53497163 19 IIIncome During Year 1910 5 First year a premiums on original policies without deduction for commissions or other expenses 1049960 04 7 Total first years premiums on original poli cies 1049960 04 8 Dividends applied to purchase paidup addi tions and annuities 92007 41 12 Total new premiums 1141967 45 i3 Eenewal premiums without deduction for commissions or other expenses less 121 75664 for reinsurance on renewals 6719036 14 14 Dividends applied to pay renewal premiums 1086784 35 18 Total renewal premiums 7805820 49 20 Consideration for supplementary contracts not involving life contingencies 21 Dividends left with the company to accumulate at interest 23 Gross interest on mortgage loans 925620 64 25 Gross interest on bonds and dividends on stocks less 1397360 accrued interest on bonds acquired during 1910 1105179 07 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust companies and banks 28 Gross interest on other debts due the company viz Included in cost to change policies from one kind to another 4204 45 160014 09 167899 30 480588 00 13554 85ComptrollerGenera s Report 467 i IS 29 In connection with revival of policies Sundry items Total 30 Less discount on premiums paid in advance 31 32 33 35 36 37 39 40 41 867 43 39 41 5111 29 i 2574 00 2537 29 d in advance 437 88 Total Gross discount on claims paid in advance Gross rent from companys property includ ing 4000000 for companys occupancy of its own buildings 67101 51 Total gross interest and rents Commissions on mortgage loans in excess of loan agency expenses Fourth and fifth dividends on Mt Hope Cemetery stock Protest fees 2595019 24 4103 35 1000 00 3 68 Total From agents balances previously charged off Gross profit on sale or maturity of ledger assets viz Real estate 2576192 bonds 170225 total Gross increase by adjustment of ledger assets viz Bonds 5107 03 286 97 27464 17 10180 67 j 42 43 Total income 11913759 41 IIIDisbursements for the Year 1910 For death claims less 5480900 reinsur ance 247689864 additions 39 70500 total 2516603 64 2 For matured endowments 28830100 ad ditions 753300 total 295834 00 4 i J 3 5 6 9 10 12 13 14 15 Net amount paid for losses and matured endowments Premium notes and liens voided by lapse less 1895164 restorations Surrender values paid in cash or applied in liquidation of loans or notes Dividends paid to policyholders in cash or applied in liqui dation 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 interest Total paid policyholders 534347684 Expense of investigation and settlement of policy claims including 5000 for legal expenses 51402 15 942332 81 190613 18 1086784 35 92007 41 167899 30 125 00 468 ComptrollerGenerals Report 16 Paid for claims on supplementary contracts not involving life contingencies 58003 60 17 Dividends and interest thereon held on deposit surrendered during the year 57314 43 19 Commissions to agents less commission on reinsurance First years premiums 42244224 renewal premiums 44755430 total 869996 54 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 16090 00 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 5211 35 23 Branch office expenses including salaries of managers and clerks not included in item 21 93325 94 24 Medical examiners fees 6979884 inspection of risks 991504 total 79713 88 25 Salaries and all other compensation of officers directors trustees and home office employees 218603 17 26 Rent including 4000000 for companys occupancy of its own buildings less 20572 received under sublease 90243 90 27 Advertising 1250773 printing and stationery 48 78648 postage telegraph telephone and express 34 15984 exchange 23957 total 95693 62 28 Legal expense not included in item 15 687 68 29 Furniture fixtures and safes 10984 33 30 Repairs and expenses other than taxes on real estate 24005 01 31 Taxes on real estate 16177 39 32 State taxes on premiums 100573 42 33 Insurance department licenses and fees 12306 56 34 All other licenses fees and taxes viz 35 City licenses 296208 city premium taxes 16204 total 3124 12 36 City personal taxes 19855 excise tax 4266694 total 42865 49 37 United States corporation tax 1072124 miscellaneous 34792 total 11069 16 Total Other disbursements viz Home office and agency traveling 9 46783 surety bonds and publications 633879 total Heat light and repairs 144563 shipping supplies and janitor service 247021 Miscellaneous 42 Commissions on bonds and real estate purchased and sold 43 Protest fees 44 Taxes and expenses in connection with mortgage loans 38 39 40 41 15806 62 3915 84 6225 28 2610 00 11 89 561 64 57058 77 Total 29131 27ComptrollerGenerals Eeport 469 46 Gross loss on sale or maturity of ledger assets viz Bonds 16 59 47 Gross decrease by adjustment in book value of ledger as sets viz Beal estate 7180617 bonds 3601018 107816 35 48 Total disbursements 7286555 64 IVLedger Assets 1 Book value of real estate 1092491 75 2 Mortgage loans on real estate 21077162 00 4 Loans made to policyholders on this companys policies as signed as collateral 7650368 69 5 Premium notes on policies in force 869754 07 6 Book value of bonds 2603493212 and stocks 515 91205 total 26550844 17 7 Cash in companys office 2733 69 8 Deposits in trust companies and banks not on interest 56991 76 9 Deposits in trust companies and banks on interest 824020 83 Total 883746 28 12 Total ledger assets 58124366 96 NonLedger Assets 13 Interest due 848710 and accrued 313 55489 on mortgages 322041 99 14 Interest accrued on bonds 394353 79 16 Interest due 1510792 and accrued 135 21938 on premium notes policy loans or liens 150327 30 19 Bank deposits 255 23 21 Total interest and rents due and accrued 22 Market value of real estate over book value 23 Market value of stocks over book value 24 Due from other companies for losses or claims on policies of this company reinsured 866978 31 508 25 26159 45 31000 00 New Business 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 102464 29 Renewals 11887 81 421736 44 836666 78 27 Totals 114352 10 1258403 22 470 ComptrollerGenerals Report 28 Deduct loading 24 610 28130 62 309567 19 29 Net amount of uncolleeted and deferred premiums 86221 48 948836 03 1035057 51 35 Gross assets 60084070 48 Deduct Assets Not Admitted 44 Bonds 458844 12 45 Admitted assets 59625226 36 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com pany on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on policies issued prior to January 1 1901 34312760 00 Same for revisionary additions 410224 00 Total 34722984 00 2 American Experience table at 3 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 14790703 00 Same for revisionary additions 224683 00 Total 15015386 00 3 American Experience table at 3 per cent on policies issued on and after October 1 1907 and joint life policies referred to in number 2 3183697 00 Same for reversionary additions 245998 00 Total 3429695 00 5 Xet present value of annuities including those in reduction of premiums viz Actuaries table and 4 per cent interest 9371 00 American Experience table and 3 per cent interest 9420 00 American Experience table and 3 per cent interest 14271 00 Total 33062 00 Total 53201127 00ComptbollebGteneeals Eepoet 471 6 Deduct net value of risks of this company reinsured in other solvent companies 741780 00 8 Net reserve paid for basis 52459347 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies 451814 23 12 Claims for death losses in process of adjust ment or adjusted and not due 5974 00 13 Claims for death losses which have been re ported and no proofs received 225369 00 14 Claims for matured endowments due and un paid 1769 00 17 Total policy claims 233112 00 19 Dividends left with the company to accumulate at interest and accrued interest thereon 818292 62 20 Premiums paid in advance including surrender values so applied 39603 22 21 Unearned interest and rent paid in advance 562 76 23 Commissions to agents due or accrued 827 52 25 Salaries rents office expenses bills and accounts due or accrued 3915 75 26 Medical examiners fees 17892 50 27 State Federal county and municipal taxes due or accrued 157178 17 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred pre miums 79938 63 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 746430 18 38 Dividends conditionally apportioned to twenty year term policies issued in 1906 4659 69 45 Unassigned funds surplus 4611652 09 46 Total 59625226 36 Business in Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year 3966 8268919 00 17 Policies on the lives of the citizens of said State is sued during the year 392 838000 00 18 Totals 4358 9106919 00 19 Deduct ceased to be in force during the year 185 445954 00 20 Policies in force December 31 4173 8660965 00 472 ComptrollerGenerals Report No 21 Losses and claims unpaid December 31 of pre vious year 1 22 Losses and claims incurred during year 48 Amount 2000 00 97798 00 23 Total 49 99798 00 24 Losses and claims settled during the year in cash 44 94399 00 25 Losses and claims unpaid December 31 5 5399 00 26 Premiums collected or secured in cask and notes or credits without any deduction for losses dividends commissions or other expenses 300330 31 MERIDIAN LIFE INSURANCE COMPANY OP INDIANAPOLIS IND Arthur Jordan President Thos J Owens Secretary Principal Office Meridian Life Bldg Indianapolis Indiana ICapital Stock 1 Amount of capital stock paid up in cash 200000 00 Amount of net or ledger assets December 31 of previous year 1329183 17 Extended at 1329183 17 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 143044 29 1 Cash received for renewal premiums with out deductions for commissions or other expenses 256248 31 3 From dividends applied to pay running pre miums 16634 41 Total 415927 01 G Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 503260 re newals 131444 total 6347 04 7 Total premium income 409 579 97 10 Cash received for interest on premium notes loans or liens 31908 22 13 Cash received for rents for use of companys property in cluding 380000 for companys own occupancy 14067 13 14 Cash received for profits on sales of bonds or stocks 3303 02ComptrollerGenerals Report 473 15 Ledger assets other than premiums received from other companies for assuming or reinsuring their risks 20000 00 18 Assumed loan on home office building 125000 00 19 From all other sources viz Dividends left with company to accumulate at interest 3767 72 Total income 643162 00 HEDisbursements for the Year 1910 Cash paid for death claims including re visionary additions i 44459 73 Total 44459 73 7 Total net amount actually paid for losses and matured en dowments 44459 73 10 Cash dividends paid policyholders 1474 19 11 Cash dividends applied to pay running premiums 16634 41 13 Surrender values paid in cash and by cancellation of in debtedness 47108 57 Total paid policyholders 10967690 16 Cash paid stockholders for interest on dividends 8000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 10224632 renewals 432074 total 106567 06 18 Cash paid for salaries and allowances to managers and agents 11401 44 19 Cash paid for medical examiners fees 1151728 inspec tion of risks 195925 total 13476 53 20 Cash paid for salaries and all other compensation of officers and other home office employees 32852 49 21 Cash paid for taxes on new premiums 1967 34 22 Cash paid for taxes 1549 94 23 Cash paid for insurance department fees and agents li censes 1916 68 24 Cash paid for rent including 380000 companys occu pancy 5083 53 25 Cash paid for agency supervision traveling and all other agency expenses 6778 15 26 Building expense 414354 heating expense 29537 in terest on loan home office building 421875 total 8657 66 27 Cash paid for advertising 102834 printing 304653 postage telegraph telephone and express 139931 exchange 2311 total 5497 29f 28 Agents balances charged off 206976 for legal ex penses 131827 total 3388 03474 ComptrollerGeneral s Report 29 Cash paid for the following items viz Fire insurance 100000 inspection of losses 17535 investigating death claims 16870 miscellaneous expense 97482 total 1143 52 30 Total disbursements IVAssets as Per Ledger Accounts 1 Cost value of real estate 2 Loans on mortgage first liens on real estate 4 Loans made in cash to polieyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force of which 325198 was received during the year 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balances Furniture and fixtures 319131 91 350432 04 644298 89 606204 39 3251 98 2722 06 32977 10 6101 89 7224 91 11 Total net or ledger assets 1653213 26 Other Assets 14 Interest due 332581 and accrued 9 35957 on mortgages 12685 3S 17 Interest due on premium notes loans or Hens 14984 71 19 Rents due 117 00 Total carried out 27787 09 New Business Renewals 23 Gross premiums due and un reported on policies in force December 31 1910 52817 60 46018 93 24 Gross deferred premiums on policies in force Decem ber 31 1910 5101 14 Totals 52817 60 25 Deducting loading 60 per cent on new and 20 per cent on renewals 31690 56 51120 07 10224 01 26 Net amount of uncollected and deferred premiums 21127 04 40896 06 Extended 27 Supplies printing and stationery 359903 unearned fire insurance premiums 78337 total 62023 10 4382 40 28 Total assets as per the books of the company 1747405 85ComptrollerGenerals Eeport Items Not Admitted 2 Furniture fixtures and safes 7224 91 5 Agents balances 6101 89 8 Supplies printed matter and stationery 3599 03 Total 475 16925 83 9 Total assets less items not admitted 1730480 02 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with four per cent interest and American 3 per cent 1238082 93 Deduct net value of risks of this company reinsured in other solvent companies 3010 24 Net reinsurance reserve Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 3000 00 Claims for death losses and other policy claims resisted by the company 1000 00 1235072 69 1 10 I 11 12 13 14 15 16 Total policy claims Amount of all unpaid dividends of surplus or other de scription of profits due policyholders Amount of deferred and uncollected premiums in excess of net value of their policies Amount of national state or other taxes due Amount due on account of salaries rents and office expenses Loan on home office building and accrued interest Amount above legal requirements on double indemnity policies Amount of any other liability of the company viz Pre miums paid in advance 277303 interest and rents paid in advance 107964 total Commissions due agents on premium notes when paid 97559 medical examiners fees 92400 total 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 4000 00 6938 29 15205 51 3427 09 817 42 125468 54 239 75 3852 67 1899 59 1396921 55 350484 30 19 Total liabilities 1747405 85476 ComptrollerGenerals Eeport Business in Georgia During 1910 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 38 1UJ1UW uu 1362 2527114 00 Total Deduct number and amount which have ceased to be in force during the year Total number and amount of policies in force in 218 361000 00 Georgia December 31 1910 1144 2166114 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 1 2500 00 Total Amount of losses and claims on policies in Georgia paid during the year Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without deduction for losses commissions or other expenses 2500 00 2500 00 42277 99 METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK John R Hegeman President Tames S Roberts Secretary Home Office 1 Madison Avenue New York City N Y ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets December 31 of previous year 4 Extended at 269971968 85 269971968 85 IIIncome 5 First years premiums on original policies without deductions for commissions or other expenses less 334348 for first years reinsurance 6 Surrender values applied to pay first years premiums 7 Total first years premiums on original poli 4780906 5S 117864 24 4898770 82 CompteollebGenebals Repoet 477 8 Dividends applied to purchase paidup ad ditions and annuities 19Q 512 12 10 Consideration for original annuities involv ing life contingencies 55232 54 12 Total new premiums ordinary 5150515 48 13 Eenewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 11 45723 for reinsurance on renewals 21263837 88 14 Dividends applied to pay renewal premiums 1449559 70 16 Surrender values applied to pay renewal premiums 25 224 24 17 Eenewal premiums for deferred annuities 1757 19 18 Total renewal premiums ordinary 22 740 379 01 18A Total industrial premiums received including 3262 38933 bonuses applied in payment of premiums 40 39608 applied to shorten the premiumpaying periods and 8199505 surrender values applied in payment of premiums 48931897 10 19 Total premium income 76 822 791 59 20 Consideration for supplementary contracts not involving life contingencies 39 207 75 22 Ledger assets other than premiums received from other companies for assuming their risks including 3176026 due from liquidator of Union Life Insurance Co De cember 31 1909 32 528 39 23 Cross interest on mortgage loans less 4 24162 accrued interest on mortgages ac quired during 1910 5719080 08 24 Gross interest on collateral loans 7 640 40 25 Cross interest on bonds and dividends on stocks less 17943381 accrued interest on bonds acquired during 1910 5654 142 54 20 Cross interest on premium notes policy loans or liens 534 452 40 29 Deferred coupons 22050 ire insurance premiums 4120 superintendents bank accounts 360126 total 3862 96 28 Gross interest on other debts due the com Wy 3862 96 31 Gross discount on claims paid in advance 100 09 32 Gross rent from companys property in cluding 68335459 for companys oc cupancy of its own buildings 1456 602 47 33 Total gross interest and rents 13 508 374 53 sasa 478 ComptbolleeGeneeals Eepoet 34 From other sources viz Tax refunds 13182 agents cash deposits 2480520 arrears of rental on property previously sold 67911 conscience money 11200 divi dends suspended banks 13549 liquidation of unlisted assets 900000 agents shortages recovered from surety 6472 sundries 300 deposit account bond and mortgage interest and rents 5764508 unclaimed checks etc 1090583 credit fire insurance fund 17 45071 deposit Exchange Building Company mortgage loan 2844508 adjustment of superintendents ac 5 counts 1393871 total 41 Gross profit on sale or maturity of ledger assets viz Keal estate 2206250 bonds 3170269 stocks 19 M 41400 total 42 Gross increase by adjustment in book value of ledger as sets viz Bonds 90779839 43 43 Total income IIIDisbursements 1 For death claims 2155249115 for addi tions 1048800 total 21562979 15 2 For matured endowments 1078810 85 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premiums notes and liens voided by lapse 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 149 27848 to pay renewal premiums 7580505 total 9 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes Cash bonuses paid on nonparticipating industrial policies 10 Dividends applied to pay renewal premiums Bonuses applied to pay renewal premiums on nonpartici pating industrial policies Bonuses applied to shorten the endowment or premium paying periods on nonparticipating industrial policies 12 Dividends applied to purchase paidup additions and an nuities Sick benefits on assumed policies of other companies 14 Total paid policyholders 3129062397 15 Expense of investigation and settlement of policy claims including 3048133 for legal expense 16 Paid for claims on supplementary contracts not involv ing life contingencies 18 Paid stockholders for interest or dividends 22641790 00 126591 47 40658 52 1843181 07 225083 53 57697 24 1406674 91 1449559 70 3262389 33 40396 08 196512 12 90 00 35499 33 17821 63 140000 00ComptrollerGenerals Report 479 19 Commissions to agents less commission on reinsurance First years premiums 149176029 renewal premi ums 147272977 annuities original 135118 renewal 9771 total 2965938 95 20 Commuted renewal commissions 933 04 21 Compensation for managers and agents not paid by com mission for obtaining new insurance 20 107 98 Compensation in industrial department to superintendents assistant superintendents and agents 10 920 554 70 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 81644 57 23 Branch office expenses including salaries of managers and clerks not included in item 21 742 320 52 24 Medical examiners fees 58674344 inspection of risks 37336815 total 960111 59 25 Salaries and all other compensation of officers directors trustees and home office employees 3 m 947 05 26 Bent including 68335459 for companys occupancy of its own buildings 1004814 71 27 Advertising 5967154 printing and stationery 178 62311 postage telegraph telephone and express 201 91803 exchange 2395566 total 464 168 34 28 Legal expense not included in item 15 47 825 71 29 Furniture fixtures and safes 41 288 69 30 Repairs and expenses other than taxes on real estate 510894 15 31 Taxes on real estate 256 153 79 32 State taxes on premiums 1 Q18 284 44 33 Insurance department licenses and fees 8 713 75 34 All other licenses fees and taxes viz Agents licenses 30 66864 municipal licenses 2175672 U S Corporation tax 6115099 mortgage tax 103000 all other 15 89743 total 130503 78 38 Other disbursements viz Legislative expense 1223923 restaurant 15755850 Metropolitan staff savings fund 8867890 deposit account interest and rents returned 529688 expense of inspection and curative aid to sick industrial poiieyholders 12943351 calendars for in dustrial policyholders 8927006 expense of examina tion Xew York insurance department 1930011 com panys publications 21795641 Association of Life Insurance Presidents exclusive of amount charged to legislative expense 782625 home office traveling 2487924 home office expenses 42077330 total 1173212 39 46 Gross loss on sale or maturity of ledger assets viz Bonds 15691 29 47 Gross decrease by adjustment in book value of ledger as sets viz Bonds 100007 26 48 Total disbursements 55059081 63480 ComptrollerGenerals Eeport IVLedger Assets 1 Book value of real estate 24116301 56 2 Mortgage loans on real estate first liens 126589828 62 4 Loans made to polieyholders on this companys policies as signed as collateral 13065064 81 5 Premium notes on policies in force 985806 22 6 Book value of bonds 12831222201 and stocks 8515 62579 total 136827847 80 7 Cash in companys office 145696 34 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest 3715 11 29186 00 Total 3890104 45 10 Agents balances net 44314 36 11 Renting section inventory 3209155 advanced superin tendents and assistants to facilitate payment of death claims 1331000 cash in transit 12676831 fire in surance premium advanced secured by mortgage 32825 contingent certificate Union Trust Co Provi 072 total 3458 83 dence R I 12 Total ledger assets 305692726 65 NonLedger Assets 13 Interest due 12318890 and accrued 1 52933331 on mortgages 1652522 21 14 Interest accrued on bonds 1881347 64 16 Interest accrued on premium notes policy loans or liens 312145 94 20 Rents due 670968 and accrued 505225 on companys property or lease 11761 93 21 Total interest and rents due and accrued 3857777 72 New Business Renewals 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 91673 74 1162856 92 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 934514 64 4663356 31 27 Totals 1026188 38 5826213 23 28 Deduct loading 205237 68 1165242 65H OomptbolleeGenebals Repobt 481 29 Net amount of uncollected and deferred premiums 820950 70 4660970 58 Total 5481921 28 Industrial premiums due and unpaid 725278 86 30 All other assets viz Instalments on supplementary con tracts due in 1911 but paid in 1910 1325 00 35 Gross assets 315759029 51 Deduct Assets Not Admitted 44314 36 271328 40 38 Agents debit balances grossI 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 42 Book value of ledger assets over market value viz Bonds not subject to amortization 1243579 94 Stocks 178420 54 43 Renting section inventory 32091 55 44 Contingent certificate Union Trust Co Providence B I 960 72 45 Admitted assets 313988334 00 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com pany on the following tables of mor tality and rates of interest viz 1 Actuaries table at 4 per cent on all issues up to January 1 1901 except as stated in 1A 112597314 00 Same for reversionary additions 80721 00 Total 112678035 00 1A Actuaries table doubled at 4 per cent on all issues Special Class policies up to January 1 1901 429551 00 Same for reversionary additions 128543 00 Total 2 American Experience table at 3 per cent on all issues from January 1 1901 to January 1 1911 except as stated below 122479969 00 Same for reversionary additions 213829 00 558094 00 Total 122693798 00482 ComptrollbeGeneeals Report 3 American Experience table doubled at 3 per cent on all issues Special Class poli cies from January 1 1901 to January x 1907 1523222 00 Same for reversionary additions 155523 00 1678745 00 Total 4 Other tables and rates viz Standard Industrial table at 3y2 per cent from January 1 1907 20524304 00 SubStandard Industrial table 3 per cent from January 1 1907 1583413 00 Intermediate table 3V2 per cent from January 1 1907 8580006 00 Special Class table 3y3 per cent from January 1 1907 L224553 00 31912276 00 Total 5 Net present value of annuities including those in reduction of premiums viz Actuaries table at 4 per cent interest 85281 00 American table 3V per cent interest 510457 00 McClintocks table 3 per cent interest 373381 00 969119 00 Total Total 270490067 00 6 Deduct net value of risks of this company reinsured in other solvent companies lui10 T 270380929 00 8 Net reserve v 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by 121827 00 the company 10 Liability on policies cancelled and not included in net re serve upon which a surrender value may be demanded 100356 05 12 Claims for death losses in process of adjust ment or adjusted and not due 221028 37 13 Claims for death losses which have been re ported and no proofs received 3323D 3 15 Claims for death losses and other policy claims resisted by the company 76732 86 17 Total policy claims 630113 58 18 Due and unpaid on supplementary contracts not involving 7 QQQ 74 life contingencies 5 0 Premiums paid in advance including surrender values so applied 1852377 00 21 Unearned interest and rent paid in advance 45675 98OOMPTROLLERGrENERALs REPORT 483 23 Commissions to agents due or aerrued 24 252 35 25 Salaries rents office expenses bills and accounts due or accrued 63043 64 26 Medical examiners fees 17656986 and legal fees 15 41120 due or accrued 191 pgi Q6 27 Eeserve held for state county and municipal taxes due or accrued 1000000 00 31 Dividends or other profits due polieyholders including those contingent on payment of outstanding and de ferred premiums 425 153 27 miums 425l53 27 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1911 whether contin gent upon the payment of renewal premiums or other wise 1149167 11 Bonuses apportioned to nonparticipating industrial policies and payable in 1911 5745339 00 33 Dividends declared on or apportioned to deferred dividend policies payable to polieyholders during 1911 754576 60 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 329218 01 36 Increased death benefits granted but unable to find claim ants 13132 00 39 All other liabilities viz Agents cash deposits in lieu of bonds 24393973 fund awaiting adjustment 833055 unclaimed checks etc 1833311 special trust company deposit Exchange Building Company mortgage loan 2844508 fire insurance fund 4973807 deposit ac count bond and mortgage interest and rent 7370575 to credit of superintendents pending adjustment 39 28268 total 461774 97 43 Reserved to cover liabilities incurred the amounts of which are not known and determined 450 000 00 44 Capital stock 2000000 00 45 Unassigned funds surplus 28 742 083 64 46 Total 313988334 00 Business in Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year109456 15948178 00 17 Policies on the lives of citizens of said State is sued during the year30088 4613601 00 18 Total 139544 20561779 00 19 Deduct ceased to be in force during the year19179 2963300 00 20 Policies in force December 31120365 17598479 00484 ComptrollerGenerals Beport jj0 Amount 21 Losses and claims unpaid December 31 of pre vious year 22 Losses and claims incurred during the year 3 1678 651 00 192820 76 23 Total Losses and claims settled during the year 1681 193471 76 1675 192628 26 843 50 551679 58 25 Losses and claims unpaid December 31 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commas or other expenses MICHIGAN MUTUAL LIFE INSURANCE COMPANY OF DETROIT A E Moore Secretary aKL00kSSfice 150 Person Ave Detroit Michigan ICapital Stock 1 Amount of capital stock paid up in cash 250000 00 Amount of net or ledger assets December 31 of previous year Extended at 11076445 41 11076445 11 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses li Cash received for renewal premiums with out deductions for commissions or other expenses 2 Premium notes loans or liens taken m part payment for renewal premiums 3 From dividends applied to pay running premiums 3i2 From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay run 151716 20 ning premiums 118477 11 120988 17 8457 91 4749 50 181 93 Total 1470868 82 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 337435 renewals 1562929 total 19003 64 7 Total premium income 1451865 ISCoMPTROLLERGtENERALs EEPORT 485 8 Gash received for interest on mortgage loans 9 Cash received for interest on bonds owned 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 12 Cash received as discount on claims paid in advance 13 Cash received for rents for use of companys property 14 Cash received for profits on sales of real estate 16 From dividends and surrender values on reinsurances 18 Consideration for supplementary contracts not involving life contingencies 19 From all other sources viz Judgment Total income 471209 42 1500 00 91900 61 5033 94 168 83 5192 00 150 00 281 10 3446 76 200 00 2030947 84 IIIDisbursements for the Year 1910 1 Casli paid for death claims including re visionary additions 655713 36 3 Cash paid for matured endowments and ad ditions thereto 465928 44 5 Cash paid for sums falling due during the year on installment policies 5000 00 Total Deduct amount received from other com panies for losses or claims on policies of this company reinsured of which 2 53430 is for matured endowments 1126641 24534 30 7 9 10 11 12 13 14 16 17 18 19 Total net amount actually paid for losses and matured en dowments 1102107 50 Premium notes loans or liens used in purchase of surrend ered policies 6510782 voided by lapse 113148 66239 30 Cash dividends paid polieyholders 47017 21 Cash dividends applied to pay running premiums 8457 91 Cash dividends applied to purchase paidup additions and annuities 4749 50 Surrender values paid in cash 171171 21 Surrender values applied to pay running premiums 181 93 Total paid polieyholders 139992456 Paid for claims on supplementary contracts not involving life contingencies 12077 21 Cash paid stockholders for interest on dividends 25000 00 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 9592562 re newals 8401730 total 179942 92 Cash paid for salaries and allowances to managers and agents 37487 36 Cash paid for medical examiners fees 1326809 inspec tion of risks 262213 total 15890 22486 ComptbollerGenebals Report 20 Cask paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 226502 on re newals 1934813 total 22 Cash paid for local taxes 1252754 on investments 2 69695 U S Government 172035 total 23 Cash paid for insurance department fees and agents li censes 253490 municipal licenses 95071 total 24 Cash paid for rent 25 Cash paid for investment expenses 340082 sundry ex pense 629795 total 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 90714 printing 578022 postage etc 477919 exchange 60296 28 Cash paid for real estate expenses other than taxes 3 64219 for legal expenses 779186 total 29 Cash paid for the following items viz Agents balances charged off Loss on sale of real estate Total miscellaneous expenses 43819831 66784 98 21613 15 16944 84 3485 61 10607 71 9698 78 1707 04 12069 51 11434 05 4184 43 9270 50 30 Total disbursements I VAssets as Per Ledger Accounts 1 Book value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 4 Loans made in cash to polieyholders on this companys poli cies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued in terest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balances Cash deposit resisted death claim policy No 19886 B 1838122 87 150511 32 9218551 58 9000 00 1541798 93 72106 57 25000 00 34223 14 212027 47 5451 37 600 00 11 Total net or ledger assets as per balance above 11269270 38 Other Assets 14 Interest due 1199692 find accrued 12365441 on mortgages 15 Interest accrued on bonds and stocks 16 Interest accrued on collateral loans 17 Interest due 768331 and accrued 1366372 on premium notes loans or liens 135651 33 250 00 36 85 21347 03ComptrollerGenerals Report 487 19 Bents accrued on companys property or lease Total carried out 139 51 157424 72 New Business Eenewals 23 Gross premiums due and un reported on policies in force Dec 31 1910 20268 59 41567 87 24 Gross deferred premiums on policies in force Decem ber 31 1910 5437 05 S200 97 Totals 25705 64 25 Deducting loading 10 762 72 129768 84 24835 08 26 Net amount of uncollected and deferred premiums 14942 92 104933 76 Extended 119876 68 28 Total assets as per books of the company u 545571 78 Items Not Admitted 5490 13 850 27 6340 40 5 Agents balances debit 3 Book value of real estate over market value 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 1910 computed according to The Actuaries Table of Mortality with four per cent interest 10657098 74 Deduct net value of risks of this company reinsured in other solvent companies 65835 00 11540231 38 Net reinsurance reserve 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 3 Claims for losses due and unpaid 4 Claims for matured endowments due and unpaid 10591263 74 804 00 100 00 4620 87488 ComptrollerGenerals Report 6 Claims for death losses and other policy claims resisted by the company 9500 00 7 Death losses reported and no proofs re ceived 2234494 8 Present value of unpaid amounts on ma tured installment policies 53031 21 90401 02 Total policy claims 10 Amount of unpaid dividends of surplus or other descnp tion of profits due policyholders 12 Amount of national state or other taxes due 13 Amount due on account salaries rents and office expenses 4852 28 15 Deposit account 16 Amount of any other liability of the company viz Pre miums paid in advance 1210616 unearned interest 3159490 total 9arA7 Commissions due to agents on premium notes when paid b15 17 Liabilities on policyholders account msS 18 Gross surplus on policyholders account 11540231 38 19 Total liabilities VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 73822 5 2 Premium notes loans or liens received dur ing the year on old policies 120988 17 194810 76 Total Deductions during the year as follows Amount of notes loans or liens used in pur chase of surrendered policies 4084 95 Amount of notes loans or liens voided by lapse Amount of notes loans or liens redeemed i 117052 44 by maker in cash 199 704 19 Total reduction of premium note account 7 106 57 Balance note assets at end of the year Business in Georgia During 1910 No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year ComptrollerGenerals Report 489 Number and amount of policies on the lives of citi zens of Georgia issued during the year 252 672413 36 Total 1219 2613087 00 Deduct number and amount which have ceased to be in force during the year 224 603356 14 Total number and amount of policies in force in Georgia December 31 1910 995 2009730 86 No Amount of losses and claims on policies in Georgia incurred during the year 13 Amount 11800 00 Total 13 Amount of losses and claims on policies in Georgia paid during the year 13 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses viz Cash 4693633 notes or credits 652552 total 11800 00 11800 00 53461 85 MISSOURI STATE LIFE INSURANCE COMPANY OF ST LOUIS MISSOURI Edmund P Melson President H V Donnelly Asst Secretary Principal Office 4th Floor Chemical Bldg St Louis Mo ICapital Stock 1 Amount of capital stock paid up in cash 300000 00 Amount of net or ledger assets December 31 of previous year 2061816 13 Extended at 2061816 13 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 307202 54 1 Cash received for renewal premiums with deductions for commissions or other ex penses 663267 76 3 From dividends applied to pay running premiums 3628 88 3a From dividends applied to pay first year premiums 97 61 490 CompteollerGenerals Report 3y2 From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay run ning premiums 4a From surrender values applied to pay first year premiums 4 From surrender values applied to pur chase paidup additions and annuities 5 Consideration for supplementary contracts involving life contingencies Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 425628 renewals 1100789 total 613 03 617 94 104 00 1218 48 1216 55 977966 79 15264 17 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 19 From all other sources viz From agents balances pre viously charged off 87363 consideration for supple mentary contracts not involving life contingencies 3 43000 dividends left with the company to accumulate at interest 35936 total incomeaccident department 2504576 total 962702 62 86788 96 431 87 28009 82 10538 76 29708 75 Total income 1118180 78 IIIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions Total 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 201151 03 201151 03 7500 00 7 Total net amount actually paid for losses and matured en dowments 8 Cash paid to annuitants 8a Health and accident benefits contained in life policies 9 Premium notes loans or liens used in purchase of surren dered policies 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 11a Cash dividends applied to pay first year premiums 193651 03 113 48 1106 96 1362 74 519 10 3628 88 97 61ComptrollerGenerals Report 12 Cash dividends applied to purchase paidup additions and annuities 12a Cash dividends left with the company to accumulate at interest 13 Surrender values paid in cash 14 Surrender values applied to pay running premiums 14a Surrender values applied to pay first year premiums 15 Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 24407311 16 Cash paid stockholders for interest on bonds 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 20236795 re newals 2858080 total 18 Cash paid for salaries and allowances to managers and agents and agency supervisors 19 Cash paid for medical examiners fees 2006250 inspec tion of risks 658837 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 22 Cash paid for state licenses and taxes other than on premiums 23 Cash paid for insurance department fees and agents li censes 538010 municipal licenses 271042 total 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 106017 printing 1251610 total 28 Cash paid for legal expenses 29 Cash paid for the following items viz Postage telegraph telephone and express 605062 expense of investiga tion and settlement of policy claims 179420 exchange 59795 investment expense 76161 paid for claims on supplementary contracts not involving life contin gencies 12095 Dividends and interest thereon held on deposit surrendered during the year 807 state ex aminations of company 51615 profit and loss on in vestments 149305 incidental office expense 162343 collection of premiums 128083 total disbursements accident department 3641169 agents balances charged off 1236225 total Total miscellaneous expenses 45418702 491 613 03 359 36 40680 50 617 94 104 00 1218 48 24000 00 230948 75 14840 03 26650 87 43771 38 9347 64 2396 49 8090 52 12632 40 75 00 4281 57 13576 27 600 30 62975 80 Total disbursements 698260 13492 CompteolleeGenebals Bepoet IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 4 Loans made in cash to policyholders on this company s policies 5 Premium notes loans or liens on policies in force 6 Cost value of bonds owned excluding accrued interest at time of purchase 7 Cash in companys office 5 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances of which 364170 was advanced during the year Premiums in course of collection accident department on policies issued on or after October 1 1910 1692242 28 11 Total net or ledger assets 547881 25 16431 23 20050 00 9150 03 140221 32 5537 73 49593 94 629 00 2481736 78 Other Assets 14 Interest due 1541286 and accrued 65 70984 on mortgages 15 Interest accrued on bonds and stocks 17 Interest accrued on premiums notes loans or liens 18 Interest accrued on other assets 81122 70 120 83 8067 52 219 92 Total carried out 89530 97 New Business 23 Gross premiums due and un reported on policies in force Dec 31 1910 24 Gross deferred premiums on policies in force Decem ber 31 1910 3118 97 Benewals 88 68 48293 54 49779 26 Totals 25 Deducting loading 26 Net amount of uncollected and deferred premiums 3030 29 2215 91 98072 80 17018 78 81438 81054 02 Extended 27 Furniture fixtures and safes 28 Total assets as per the books of the company 81868 40 10000 00 2663136 15 Items Not Admitted 2 Furniture fixtures and safes 5 Agents debit balances 10000 00 52538 54ComptrollerGenerals Report 493 7 Bills receivable 5537 73 8 Premium notes and loans on policies and net premiums in item 26 in excess of the net value of their policies 10590 45 Total 78666 72 9 Total assets less items not admitted 2584469 43 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality with four per cent interest and the American Ex perience Table of Mortality with 3 per cent interest and 3 per cent interest 1962366 53 Deduct net value of risks of this company reinsured in other solvent companies 9981 00 Net reinsurance reserve 1952385 53 Present value of amounts not yet due on supplementary con tracts not involving life contingencies 6435 75 5 Claims for death losses and matured en dowments in process of adjustment or ad justed and not due 24735 83 6 Claims for death losses and other policy claims resisted by the company 10025 14 Total policy claims 34760 97 10 Amount of unpaid dividends of surplus or other descrip tion of profits due policyholders 1825 87 12 Amount of national state or other taxes due or accrued 10749 54 13 Amount due on salaries rents and office expenses 3706 45 14 For occupation extra premiums 161 63 16 Amount of any other liability of the company viz Pre miums paid in advance 628826 liability on policies cancelled upon which a surrender value may be demanded 137105 dividends left with company and interest thereon 46705 unearned interest paid in advance 5 72281 commissions due to agents on premium notes when paid 82156 total liabilities accident depart ment 610301 total 20773 74 17 Liabilities on policyholders account 2030799 48 18 Gross surplus on policyholders account 553669 95 19 Total liabilities 2584469 43494 ComptrollerGenerals Report Business in Georgia During 1910 Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 379 560659 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 141 216829 00 Total 520 777488 00 Deduct number and amount which have ceased to be in force during the year 118 183844 00 Total number and amount of policies in force in Georgia December 31 1910 402 593644 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 3 7000 00 Total 3 7000 00 Amount of losses and claims on policies in Georgia paid during the year 1 1000 00 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduc tion for losses dividends commissions or other expenses 23938 79 MUTUAL BENEFIT LIFE INSURANCE COMPANY OF NEWARK NEW JERSEY Frederick Frelinghuysen President J Win Johnson Secretary Home Office 750 Broad Street Newark N J ICapital Stock 2 Amount of ledger assets December 31 of previous year 125086266 36 4 Extended at 125086266 36 IIIncome During Year 1910 5 First years premiums on original policies without deduction for commissions or other expenses 2535938 86 6 Surrender values applied to pay first years premiums 4420 43 7 Total first years premiums on original policies 2540359 29 8 Dividends applied to purchase paidup ad ditions and annuities 416970 36r ComptrollebGenebals Report 495 9 Surrender values applied to purchase paid up insurance and annuities 5206 88 10 Consideration for original annuities involv ing life contingencies 45829 16 12 Total new premiums 3008365 69 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses 14270488 79 14 Dividends applied to pay renewal premiums 2077907 88 15 Dividends applied to shorten the endowment or premium paying period 313601 58 16 Surrender values applied to pay renewal premiums 12820 73 17 Renewal premiums for deferred annuities 11708 58 18 Total renewal premiums 16686527 56 19 Total premium income 19694893 25 20 Consideration for supplementary contracts not involving life contingencies 420328 76 23 Gross interest on mortgage loans 3010776 68 24 Gross interest on collateral loans 78460 89 25 Gross interest on bonds and dividends on stocks less 1343577 accrued interest on bonds acquired during 1910 1567395 29 26 Gross interest on premium notes policy loans or liens 1304708 47 27 Gross interest on deposits in trust companies and banks 24598 11 28 Gross interest on other debts due the com pany viz Agents accounts 1181 53 29 Gross discount on claims paid in advance 609 85 30 Gross rent from companys property 105184 98 31 Total gross interest and rents 6092915 80 39 Gross profit on sale or maturity of ledger assets viz Real estate 4661 87 Bonds 1100 00 Total 576187 40 Gross increase by adjustment in book value of ledger assets viz Bonds 10562 50 41 Total income 26224462 18 IIIDisbursements for the Year 1910 1 For death claims 631137798 addi tions 12635417 total 6437732 15496 ComptrollerGenerals Eeport 2 For matured endowments 157135386 ad ditions 12411699 total 1695470 85 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 442043 to pay renewal premiums 1282073 total 8 Surrender values applied to purchase paidup insurance and annuities 9 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 10 Dividends applied to pay renewal premiums 11 Dividends applied to shorten the endowment or premium paying period 12 Dividends applied to purchase paid up additions and an nuities 14 Total paid policyholders 14283178 55 15 Expense of investigation and settlement of policy claims including 189268 for legal expense 16 Paid for claims on supplementary contracts not involving life contingencies Commissions to agents less commission on reinsurance First years premiums 102672769 renewal premiums 107237701 annuities original 214363 renew al 25672 total Commuted renewal commissions 21 Compensation of managers and agents not paid by commis sion for services in obtaining new insurance 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 23 Agency expenses including salaries of managers and clerks not included in item 21 Medical examiners fees 14114400 inspection of risks 263765 total Salaries and all other compensation of officers directors trustees and home office employees 26 Pent 27 Advertising 2684847 printing and stationery 20 08175 postage telegraph telephone and express 49 85701 exchange 382911 total 28 Legal expense not included in item 15 29 Furniture fixtures and safes 30 Bepairs and expenses other than taxes on real estate 31 Taxes on real estate 32 State taxes on premiums 33 Insurance department licenses and fees 19 20 24 25 8133203 00 167348 98 1215 06 2696877 11 17241 16 5206 88 453606 54 2077907 88 313601 58 416970 36 2012 43 173912 19 2101505 05 8575 78 336 91 61378 28 20446 59 143781 65 432070 79 59447 05 100616 34 48719 29 1379 74 25713 18 50442 32 200848 18 16107 92ComptrollerGeneral s Eeport 34 All other licenses fees and taxes viz State county and municipal taxes 23101546 county and municipal li censes 806292 Federal corporation tax 15332 45 total 38 th sbursements viz Mortgage loan expense 143 62000 books and supplies 1474841 heat and light 1159239 restaurant 2008096 detective service 386o5 laundry and extra janitor service 1867 45 home office equipment 180872 home office repairs 156467 electrical supplies 224494 special street lighting assessment 25000 petty cash 93471 mis cellaneous office expense 39820 total 46 Gross loss on sale or maturity of ledger assetsviz Real estate 47 Gross decrease by adjustment in book value of ledgeras sets viz Real estate 10690798 bonds 135907 49 total 48 Total disbursements 497 254410 83 199497 00 5183 86 242815 47 18432379 40 IVAssets as Per Ledger Accounts 1 Book value of real estate 2 Mortgage loans on real estate first liens 111 00 3 Loans secured by pledge of bonds stocks or other collateral 2W0OO 00 4 Loans made to policyholders on this companys policies as signed as collateral or secured by terms of policy 18 596 099 19 5 Premium notes on policies in force of which 4106 22 is for first years premiums finfi 6 Book value of bonds 5662061 00 7 Cash in companys office 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks m inter0st 1213386 67 2733 91 114843 57 Total 1330964 15 22045 45 132878349 14 10 Agents balances debit 2454030 credit 249485 net 12 Total ledger assets NonLedger Assets 13 Interest due 832289 and aconled 153317940 on mortgages 14 Interest accrued on bonds ww 16 Interest due 10418785 and accrued 62486216 on pre mium notes policy loans or liens 729 050 01 19 Total interest and rents due and accrued 21 Market value of bonds and stocks over book value 2587449 44 501711 69498 ComptrollerGenerals Eeport New Business Renewals 23 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 25880 91 707402 34 24 Gross deferred premiums on policies in force Decem cember 31 1910 less re insurance premiums 184418 86 1156809 53 25 Totals 210299 77 26 Deduct loading 20 42059 95 1864211 87 372842 37 27 Net amount of uncollected and deferred premiums 168239 82 1491369 50 Total 1659609 32 33 Gross Assets 137627119 59 Deduct Assets Not Admitted 36 Agents debit balances gross 24540 30 43 Admitted assets 137602579 29 yLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the New Jersey Insurance Department on the fol lowing tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on partici pating policies issued prior to January 1st 1900 63293250 00 Same for reversionary additions 3862707 00 Total 67155957 00 2 American Experience table at 3 per cent on all policies issued since December 31st 1899 and on all the nonparticipating policies 53564201 00 Same for reversionary additions 718012 00 Total 54282213 00CompxbollebGenebal s Report 5 Net present value of annuities including those in reduction of premiums viz MeClintock 3 per cent lj982833 00 499 Total 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 12 Claims for death losses in process of adjust ment or adjusted and not due 255710 80 13 Claims for death losses no proofs received estimated 300000 00 14 Claims for matured endowments due and un 43963 00 49734 90 1982833 00 123421003 00 1577935 70 paid 15 Claims for death losses and other policy claims resisted by the company 17 Total policy claims 20 Premiums paid in advance including surrender values applied 21 Unearned interest and rent paid in advance 23 Commissions to agents due or accrued 24 Cost of collection on uncollected and deferred premi 649408 70 115594 82 1525 55 3292 32 urns in excess of the loading thereon 25 Salaries rents office expenses bills and accountsdue accrued 26 Medical examiners fees 1 fetate county and municipal taxes due or accrued 507 000 00 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred pre miums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 191 whether contingent upon the payment of renewal premiums or otherwise 36 Eeserve for suspended mortality i 982 914 00 37 Reserve for possible depreciation in real estate 129735 93 42943 21 50000 00 531357 65 3115619 74 Total 45 Unassigned funds surplus 2112649 93 5432779 67 46 Total 137602579 29 PaidFor Business in the State of Georgia During 1910 N Amount lb Policies on the lives of citizens of said State in force December 31 of previous year 5994 12302418 00 500 ComptrollebGenebals Eepobt 17 Policies on the lives of citizens of said State is sued during the yearJ063 2134452 00 18 Total 7057 136870 00 19 Deduct amount ceased to be in force during the year 406 720989 00 20 Policies in force December 31 1910 6651 13715881 00 No Amount 21 Losses and claims unpaid December 31 of pre 1 1000 00 vious year x 22 Losses and claims incurred during year 71 196791 00 23 Total 72 19779100 24 Losses and claims during the year in cash 67 187621 00 25 Losses and claims unpaid December 31 5 10170 00 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 456427 94 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK Charles A Peabody President Wm J Easton Win F Dix Secys Home Office 34 Nassau St New York City N Y ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 535319816 08 4 Extended at 535319816 08 IIIncome During Year 1910 5 First years premiums on original policies without deductions for commissions or other expenses less 421639 for first years reinsurance 4077400 34 6 Surrender values applied to pay first years premiums 36826 26 7 Total first years premiums on original policies 4114226 60 8 Dividends applied to purchase paidup ad ditions and annuities 1764427 21 10 Consideration for original annuities involv ComptrolleeGenebals Repoet 501 ing life contingencies 509135 74 11 Consideration for supplementary contracts involving life contingencies 1194016 55 12 Total new premiums 7581806 10 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 110 16588 for reinsurance on renewals 44345654 28 14 Dividends applied to pay renewal premiums 1578119 73 16 Surrender values applied to pay renewal premiums 304001 14 17 Renewal premiums for deferred annuities 15231 68 18 Total renewal premiums 46 243 006 83 19 Total premium income 53824812 93 20 Consideration for supplementary contracts not involving life contingencies 488 541 07 21 Dividends left with the company to accumulate at interest 49256 09 23 Gross interest on mortgage loans 6314943 71 25 Gross interest on bonds and dividends on stocks less 13997593 accrued interest on bonds acquired during 1910 13921969 76 26 Gross interest on premium notes policy loans or liens 3479698 83 27 Gross interest on deposits in trust companies and banks 120205 16 29 Interest on deferred premiums overdue pre miums and interest 112068 89 30 Interest on real estate contracts 6313 09 32 Gross rent from companys property includ ing 35182644 for companys occupancy of its own buildings 1665209 65 33 Total gross interest and rents 25620 409 09 34 From other sources viz 35 Deposits on account of pending insurance 86959 08 36 Collections or deposits received for account of others not paid out 541508 83 Total 628467 91 38 Policy fees 2221 45 39 Premium extension fees 57043 39 40 Prom agents balances previously charged off 13823 48 Total 73088 32 41 Gross profit on sale or maturity of ledger as sets viz Eeal estate 22919 29 502 ComptbollekGtenerals Report Total 3002397 93 42 Gross increase by adjustment in book value of ledger assets viz Bonds 294268 55 Total 294268 55 43 Total income 83981241 S9 IIIDisbursements for the Year 1910 1 For death claims 2172903558 additions 115825271 total 22887288 29 2 For matured endowments 754803428 ad ditions 4871705 total 7596751 33 3 Net amount paid for losses and matured endowments 30484039 62 4 For annuities involving life contingencies 2658888 10 6 Surrender values paid in cash or applied in liquidation of loansor notes 10722403 15 7 Surrender values applied to pay new premiums 3682626 to pay renewal premiums 30400114 total 340827 40 9 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 8909966 70 10 Dividends applied to pay renewal premiums 1578119 73 12 Dividends applied to purchase paidup additions and an nuities 1764427 21 13 Dividends left with the company to accumulate at interest 49256 09 14 Total paid policyholders 5650792800 15 Expense of investigation and settlement of policy claims including 3764556 for legal expense 16 Paid for claims on supplementary contracts not involving life contingencies 17 Dividends and interest thereon held on deposit surrendered during the year 19 Commissions to agents less commission on reinsurance First years premiums 178221003 renewal premiums 8928458S annuities original 2214283 renew al 12170 total 2697320 44 21 Compensation of managers and agents not paid by commis sion for services in obtaining new insurance 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 23 Branch office expenses including salaries of managers and clerks not included in item 21 24 Medical examiners fees 29171081 inspection of risks 4711506 total 25 Salaries and all other compensation of officers directors trustees and home office employees 1238779 57 51727 52 243134 28 3613 19 105808 66 740279 84 983132 09 338825 87CompteollebGenebals Bepoet 503 26 Bent including 35182644 for companys occupancy of its own buildings less 654288 received under sublease 540018 96 27 Advertising 5428618 printing and stationery 150 89205 postage telegraph telephone and express 218 65901 exchange 3426202 total 458099 26 28 Legal expense not included in item 15 2645849 legis lative 566974 total 32128 23 29 Furniture fixtures and safes 50 435 57 30 Repairs and expenses other than taxes on real estate 404859 03 31Taxes on real estate 392 129 57 32 State taxes on premiums 640 492 29 33 Insurance department licenses and fees 31 021 39 34 All other licenses fees and taxes viz Local tax on premi ums 542422 IT S corporation tax 6929924 per sonal property school levee and publication taxes in U S 227961 stock transfer tax 63134 foreign taxes other than on premiums 2887118 foreign tax on investments 401344 total HO 519 03 38 Other disbursements viz Other investment expenses 5 33393 travelinggeneral office employees 8044728 law library and restaurant 5231118 cost of election lists 1226223 general audit 799963 office supplies and expenses home office 1161355 cost of state ex aminations 1231497 reports to governments 3 48444 association memberships 934125 total 195108 46 45 Agents balances charged off current year 5385351 prior years 2399707 total 77850 58 46 Gross loss on sale or maturity of ledger assets viz Real estate 2567157 bonds 359880 stocks 18860624 total 217876 61 47 Gross decrease by adjustment in book value of ledger as sets viz Real estate 15980847 bonds including 12565895 for amortization of premiums total 285 467 42 48 Total disbursements 66346555 86 IVAssets as Per Ledger Accounts 1 Book value of real estate 24 985 611 76 2 Mortgage loans on real estate first liens 140 618 618 50 4 Loans made to policyholders on this companys policies as signed as collateral 70953535 55 6 Book value of bonds 27607912633 and stocks 35 76060849 total 311839734 82 7 Cash in companys office 4267432 cash in transit since received 4784043 90514 75 8 Deposits in trust companies and banks not on interest 272406 59504 ComptrollerGenerals Report 9 Deposits in trust companies and banks on interest 3736655 31 Total 409957665 Advanced or deposited to pay policy claims 344626 36 10 Agents balances debit 54561 78 11 Accounts collectible 2523819 supplies 2287850 total 48116 69 Cash advanced to officers and employees for traveling etc 10120 00 12 Total ledger assets as per balance5529o4502 11 NonLedger Assets 13 Interest due 6196518 and accrued 1 78049404 on mortgages 1842459 22 14 Interest due 18581217 and accrued 1 87051430 on bonds 2056326 47 16 Interest accrued on premium notes policy loans or liens 49947 84 18 Interest accrued on deposits 9297 72 19 Interest accrued on real estate contracts 1532 17 20 Rents due 4407497 and accrued 138 24252 on companys property or lease 182317 49 21 Total interest and rents due and accrued 4141880 91 22 Market value of real estate over book value 1076827 77 23 Market value not including interest in item 14 of bonds and stocks over book value 10856101 86 New Business Renewals 25 Gross premiums due and mi reported on policies in force December 31 1910 less reinsurance premi ums 34806 32 2895850 22 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 196410 78 2200701 33 27 Totals 231217 10 5096551 55 28 Deduct loading 60116 45 1325103 40 29 Net amount of uncollected and deferred premiums 171100 65 3771448 15 Total 3942548 80 35 Gross assets 572971861 45CompteolleeGtenekals Repobt 505 Deduct Assets Not Admitted 37 Supplies stationery printed matter 22878 50 38 Agents debit balances gross 54561 78 39 Cash advanced to or in the hands of officers or agents 10120 00 43 Accounts collectible 25 238 19 Ttal 112798 47 45 Admitted assets 572859062 98 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the Insur ance Department of the State of New York on the following tables of mortality and rates of interest viz 2 American Experience table at 3 per cent on policies issued prior to Jan 1 1907 405897941 00 Same for reversionary additions 10176 655 00 Toal 416074596 00 3 American Experience table at 3 per cent on policies issued after Dec 31 1906 13313347 00 Same for reversionary additions 4038368 00 TotaI 17351715 00 o Net present value of annuities including those in reduction of premiums viz McCIintock table at 3 on annuities issued prior to January l 1907 22928775 00 3 on annuities issued after December 31 1906 5543731 00 American Experience table at 3V 29100 at 3 1420600 premium reductions 14497 00 Total 28487003 00 TotaI 461913314 00 6 Deduct net value of risks of this company reinsured in other solvent companies 70 a 00 8 Net reserve paid for basis 461834185 00n 506 ComptrollerGenerals Report 9 Present value of amounts not yet due on supplementary con tracts not involving life contingencies computed by the company 2762340 14 10 Liability on policies cancelled and not included in net re serve upon which a surrender value may be demanded 93784 31 11 Claims for death losses due and unpaid 451909 52 12 Claims for death losses in process of adjust ment or adjusted and not due 691768 66 13 Claims for death losses which have been re ported and no proofs received 1531086 91 14 Claims for matured endowments due and un paid 196427 S4 15 Claims for death losses and other policy claim resisted by the company 536684 04 16 Due and unpaid on annuity claims involv ing life contingencies 175415 24 17 Total policy claims 18 Due and unpaid on supplementary contracts not involving life contingencies 19 Dividends left with the company to accumulate at interest and accrued interest thereon 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 fees 27 State county and municipal taxes due or accrued Reserve to meet licenses franchises and other taxes for the year 1911 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred pre miums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 35 Reserve special or surplus funds not included above viz 36 Fund for depreciation of securities and general contin gencies 38 Reserve for nnreported death claims 3583292 21 3010 63 81420 07 467369 57 1448142 39 30277 72 14366 31 3565 69 55973 94 1138546 94 823539 13 3690579 43 9848753 64 75164219 97 10340065 19 600000 00 ComptrollerGenerals Eepoet 507 39 AH other liabilities viz 41 Deposits on account of pending insurance 116 001 29 42 Due sundry parties for collections made or deposits held for their account 759629 a 46 Total 572859062 98 Business in Georgia During 1910 n No Amount lb Policies on the lives of citizens of said State in force December 31 of previous year as cor weted during 1910 11714 25532521 60 It Policies on the lives of citizens of said State is sued during the year 1 328 2987353 00 18 Total 19 Deduct ceased to be in force during the year 13042 28519874 60 873 2169553 00 20 Policies in force December 3112 21 Losses and claims unpaid December 31 of pre vious year 22 Losses and claims incurred during the year 169 26350321 60 No Amount 11 203 13127 43 591395 00 f TT0tal 214 604522 43 24 Losses and claims settled during the year in cash 202 587043 00 25 Losses and claims unpaid December 31 12 17 479 43 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 90M03 n NATIONAL LIFE INSURANCE COMPANY CHICAGO ILL A M Johnson President Robert D Lay Secretary Principal Office 159 La Salle 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 31st of previous year 9436061 23 Extended at 9 436 064 23508 ComptbolleeGenebals Repoet IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions 941 043 21 or other expenses ui3va ax iy Cash received for renewal premiums without deductions for commissions or other expenses 1375092 40 2V Premium notes loans or liens taken in part payment for renewal premiums 179800 90 3 From dividends applied to pay running 2063 47 premiums 310 From dividends applied to purchase paidup additions and annuities 2136 28 4i From surrender values applied to pur chase paidup insurance and annuities 26618 94 Total 1826755 20 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 81409 renewals 490701 total 5721 X 1821034 10 7 Total premium income 8 Cash received for interest on mortgage loans lai a 9 Cash received for interest on bonds owned and dividends di o I L y y 00 on stock 10 Cash received for interest on premium notes loans or liens 78710 zu 11 Cash received for interest on other debts due the company 2208 ZU 13 Cash received for rents for use of companys property 150 UU 14 Cash received for profits on sales of bonds or stocks 89 25295 all other 93597 total 90188 92 2405637 77 Total income IIIDisbursements for the Year 1 Cash paid for death claims including re viMonary additions 411740 36 2 Premium notes loans or liens used in pay ment of the same I705 3 Cash paid for matured endowments and additions thereto 811453 00 5 Cash paid for sums falling due during the year on installment policies 10825 00 7 Total net amount actually paid for losses and matured endowments 1235724 35ComptbolleeGenebals Eepoet 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 Total paid policyholders a 16 Cash paid to stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 16447304 renewals 4705111 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 1635300 inspec tion of risks 429949 total 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 279594 on re newals 2076296 total 23 Cash paid for insurance department fees and agents licenses 490762 municipal licenses 35295 total 24 Cash paid for rent 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 1027217 printing 889418 postage telegraph and express 699373 exchange 75078 total Cash paid for legal expenses 29 Cash paid for the following items viz Investment ex pense 132383 taxes on personal property 223500 Association Life Insurance Presidents 65657 miscel laneous expense 285936 profit and loss 9102 sale bonds 125000 decrease in book values 2229750 agents balances charged off 714344 total 28 509 5731 24 1260 05 82497 38 2063 47 2136 28 13422i2 95 26618 94 1490254 66 50000 00 211524 15 46858 13 20652 49 107352 95 23558 90 5260 57 17400 00 2998 21 26910 86 28569 78 36619 22 30 Total disbursements IVAssets as Per Ledger Accounts 1 Book value of real estate exclusive of all incumbrances 40 316 96 2 Loans on mortgage first liens on real estate 2093s63 00 3 Loans secured by pledge of bonds stocks or other market able collaterals 00 4 Loans made in cash to policyholders on this companys policies asigned as collateral 1086418 40510 ComptrollerGenerals Report 5 Premium notes loans or liens on policies in force 6 Book value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balances 119255 64 5488385 76 5205 38 783627 34 136969 60 11 Total net or ledger assets 9773742 08 Other Assets 14 Interest due 36871 and accrued 44 10061 on mortgages 15 Interest accrued on bonds and stocks 16 Interest accrued on collateral loans 17 Interest accrued on premium notes loans or liens 18 Interest accrued on other assets 44469 32 10952 63 250 00 3944 02 1349 00 Total carried out 20 Market value of real estate over book value 21 Market value of bonds and stocks over book value 60964 97 9683 04 105988 30 New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 24 Gross deferred premiums on policies in force De cember 31 1910 38238 48 54721 98 7074 53 120602 89 Totals 25 Deducting loading 45313 01 175324 87 28882 09 32041 90 26 Net amount of uncollect ed and deferred pre miums 16430 92 143282 97 Extended at 159713 89 28 Total assets as per the books of the company Items Not Admitted 5 Agents balances 137829 84 8 Premium notes and loans and net pre miums in excess of reserve 10349 12 10110092 28 Total Total assets less items not admitted 148178 9961913ComptbolleeGenebals Repobt VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries and American Tables of Mortality with four and 3 per cent interest Deduct net value of risks of this company reinsured in other solvent companies 511 8480869 97 28022 00 Net reinsurance reserve 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 7 Amounts due and unpaid on annuity claims 8 Present value of unpaid amounts on ma tured installment policies 9 Amount of trust funds held by the com pany 8452847 97 8286 00 2125 33 39625 49 1873 25 Total policy claims 10 Amount of all unpaid dividends of surplusor other des cription of profits due policyholders 11 Commissions due agents on premium notes when paid 12 Amount of National State or other taxes accrued 13 Amount due on account of salaries rents and office ex penses medical examiners fees and commissions 14 Dividends apportioned to annual dividend policies pay able during 1911 15 Dividends apportioned to deferred dividend policies pay able during 1911 16 Amount of any other liability of the company viz Pre miums paid in advance 3115882 interest paid in ad vance 2750056 cost of collection on uncollected and deferred premiums in excess of the loading thereon 54222 total 16 Dividends provisionally ascertained payable topolicy holders subsequent to 1911 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities vrPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 93 058 60 51910 07 1082 64 1104 51 53667 33 5682 58 4286 68 137612 95 59201 60 443994 14 9211390 47 750522 85 9961913 32512 ComptkollerGenekals Eepoet 2 Premium notes loans or liens received during the year on old policies 179800 90 3 Bestored by revival of policies 3515 34 Total777337 276374 84 Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims I705 Amount of notes loans or liens used in purchase of surrendered policies 18903 42 Amount of notes loans or liens voided by lapse L563 01 Amount of notes loans or liens redeemed by maker in cash 134946 78 Total reduction of premium note account 157119 2 Balance note assets at end of the year 119255 64 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 895 1161410 68 vious year v Number and amount of policies on the lives of citi zens of Georgia issued during the year 149 180476 29 Total 1044 1341886 97 Deduct number and amount which have ceased to be in force during the year 108 142861 91 Total number and amount of policies in force in Georgia December 311910 936 1199025 06 No Amount Amount of losses and claims on policies in Georgia incurred during the year 23 24207 00 Total 23 24207 00 Amount of losses and claims on policies in Georgia a v 22 22207 00 paid during the year Amount of premiums collected or secured in Georgia during the year with out any deduction for losses dividends commissions or other ex penses Cash 4030892 ComptrollerGenerals Beport 513 NATIONAL LIFE INSURANCE COMPANY OP MONTPELTER VT Joseph A De Boer President Osman D Clark Secretary Home Office 116 State Street Montpelier Vermont Geo M Hope Co Atlanta Attorneys for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31st of previous year 45827524 71 4 Extended at 45827524 71 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 559671 42 6 Surrender values applied to pay first years premiums 725 08 7 Total first years premiums on original 0 Picies 560396 50 8 Dividends applied to purchase paidup ad ditions and annuities 26 762 35 10 Consideration for original annuities in volving life contingencies 742 989 86 11 Consideration for supplementary contracts involving life contingencies 16058 46 12 Total new premiums 13 Renewal premiums without deduction for commissions or other expenses 4 913 994 21 3 4 Dividends applied to pay renewal pre miums 15 Dividends applied to shorten the endow ment or premium paying period 16 Surrender values applied to pay renewal premiums 344 00 17 Renewal premiums for deferred annui ties 1346207 17 302561 92 10585 89 2086 19 18 Total renewal premiur 5229502 21 19 Total premium income 20 A Consideration for supplementary contracts not in volving life contingencies El Dividends left with th terest He company to accumulate at in 6575709 38 56193 00 191 2514 ComptbollebGenebals Repoet less 2201794 accrued 23 Gross interest on mortgage loans interest on mortgages during 1910 25 Gross interest on bonds and dividends on Stoekess 983 47 accrued interest on bonds acquired during 1910 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust companies and banks 29 Gross interest on premiums 30 Gross interest on nonledger assets 81 Gross discount on claims paid in advance 32 Gross rent from companys property including 700000 for companys occupancy of its own buildings 40 From agents balances previously charged off 41 Gross profit on sale or maturity of ledger assets viz Bonds 43 Total income 996833 34 719432 53 443289 86 21619 43 2759 47 6120 51 66 24 31752 40 18962 84 618 40 8873548 63 IIIDisbursements 1 For death claims 1612097S4 additions 319546 total 1615293 30 2 For matured endowments 70335918 ad ditions 49617 total 3855 3j 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 2508 to pay renewal premiums 34400 total 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums U Dividends applied to shorten the endowment or premium paving period 12 Dividends applied to purchase paidup additions and an unities 13 Dividends left with the company to accumulate at inter est 2319148 65 369102 14 1082387 16 1069 08 431153 00 302501 92 10585 89 26762 35 191 23 14 Total paid policyholders 15 Expense of investigation and settlement of policy claims including 90065 for legal expenses 16 Paid for claims on supplementary contracts not involving life contingencies 19 Commissions to agents less commission on reinsurance First years premiums 24713903 renewal premiums 34781837 annuities original 3709076 renewal 10430 total 20 Commuted renewal commissions 4542961 42 1179 67 21922 38 632152 46 3672 3623 inspection of risks ComptrollerGenerals Eeport 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision Branch office expenses including salaries of managers and clerks not included in item 21 24 Medical examiners fees 44143 50 443867 total 25 Salaries and all other compensationof officer directors trustees and home office employees 26 Bent including 701000 for companys occupancy of its own buildings less 1000 received under sublease 2 Advertising 1847632 printing and stationery 15 59655 postage telegraph telephone and express 2B JSti6 exchange 58206 total 28 Legal expense 29 Furniture fixtures and safes 30 Repairs and expenses other than taxeson real estate 61 iaxes on real estate 32 State taxes on premiums 33 Insurance department licenses and fees 35 Municipal licenses and fees 36 Surplus tax 37 U S income tax 1158708 personal prop erty tax 14992 total 2310 34 54680 22 11737 00 Total 38 Other disbursements Home office supplies viz Lighting 2 8044 heating 73903 water and ice 2400 books publications etc 20494 maintenance of furniture ana office equipment 224313 labor for care of home office 385115 janitors supplies 183693 miscellaneous un classified expense 28885 total 40 Homo office travel 41 Investment expense 42 Loss from overloan policy 12368 47 733 98 32059 13 7 37 45 46 Total Agents balances charged off Gross loss on sale or maturity of ledger assets estate 114516 bonds 100000 total Gross decrease by adjustment in book value of ledger estate 681930 bonds 2566715 ts viz Real assets viz total Real 48 Total disbursements 515 3473 00 14925 92 80740 95 48582 17 157683 08 50405 12 57992 69 81 25 6487 95 10599 27 4960 24 105892 15 5629 45 68727 56 45168 95 10569 49 2145 16 32486 45 5908439 14516 ComptrollerGenerals Eeport IVLedger Assets 1 Book value of real estate 359300 00 2 Mortgage loans on real estate first liens 4 Loans made to policyholders on this companys policies assigned as collateral oq 5 Premium notes on policies in force 6 Book value of bonds V 2Qfi 45 7 Cash in companys office JZJ 8 Deposits in trust companies and banks not i i 16694 18 on interest 9 Deposits in trust companies and banks on interest 1804672 83 17753650 60 740099 66 Total 10 Agents balances debit 184332 credit 35954 net 12 Total ledger assets NonLedger Assets 758090 29 1483 78 48792634 20 13 Interest due 392666 and accrued 515 70292 on mortgages 14 Interest accrued on bonds 16 Interest due 3692471 and accrued 22019274 on premium notes policy loans or liens 17 Interest accrued on other assets 20 Rents due 49162 and accrued 109620 on company s property or lease 519629 58 268251 78 257117 45 1711 00 1587 82 d 1048297 63 21 Total interest and vents due and accrue New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 10068 41 369660 28 26 Gross deferred premiums on policies in force De eember 31 1910 51928 60 450935 37 27 Totals 28 Deduct loading 61997 01 820595 65 15522 63 175397 53 29 Net amount of uncolleet cd and deferred pre 46 474 38 645198 12 iniums awi o v Extended at 35 Gross assets 691672 50 50532604 33ComptrollerGenerals Eeport 517 Deduct Assets Not Admitted 38 Agents debit balances gross J 843 3 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 158 93 42 Book value of ledger assets over market value viz Bonds 92085 00 44 Total 94087 25 45 Admitted assets 50438517 08 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the Actu ary on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all busi ness in force issued prior to January 1 25200128 00 bamc tor reversionary additions 79176 00 Total g 9 97Q 04 DO 2 American Experience table at 3 per cent on all business in force issued subse quent to January 1 1901 13325475 00 Same for reversionary additions 44476 00 Total r vr 1336995100 5 Net present value of annuities including those in reduc tion of premiums viz McClintock s Annuitants Mor tality tables with interest at 3 per cent and Ameri can 3 per cent on insurance features of annuities with reversion 4169719 00 8 Net reserve Q t 42818974 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the companys Actuary 139 713 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 19 m 3957 60 ii Claims for death losses in process of ad justment or adjusted and not yet due 12392 00 13 Claims for death losses which have been reported and no proofs received 36 93 iq518 ComptrollerGenerals Eeport 14 Claims for matured endowments due and unpaid 15 Claims for death losses and other policy claims resisted by the company 16 Dne and unpaid on annuity claims involv ing life contingencies 3672 00 10000 00 11549 60 17 Total policy claims 19 Dividends left with the company to accumulate at inter est and accrued interest thereon 20 Premiums paid in advance including surrender values so applied 21 Unearned interest and rent paid in advance 23 Commisison to agents due or accrued 24 Cost of collection on uncollected and deferred pre miums in excess of the loading thereon 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 207550 and legal fees 50000 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 1911 whether contingent upon the payment of renewal premiums or otherwise Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1911 Amounts set apart apportioned provisionally ascer tained calculated declared or held awaiting apportion ment upon deferred dividend policies not included in item 33 36 Extra life rate endowment reserve 40 Peal estate taxes accrued 41 U S revenue tax accrued 42 Surplus set apart for payment at termination of insurance 45 XTnassigned funds surplus 33 314 74546 73 259 34 10368 84 727 41 177 13 11923 35 25000 00 2575 50 152251 14 47356 01 437281 36 444404 91 46 Total 4101540 91 184698 32 1767 29 11935 90 11705 88 1964352 46 50438517 08 Premium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 1737466 75 2 Received during the year on old policies 374342 27 Total 2111809 02COMPTROLLERGrENERALs EEPORT 519 Deductions during the year as follows 4 Used in payment of losses and claims 35811 64 5 Used in purchase of surrendered policies 13880o 51 7 Used in payment of dividends to policy ien 235 90 8 Redeemed by maker in cash 132 283 14 9 Total reduction of premium note account 307136 19 10 Balance of note assets at end of year 1804672 83 Business in the State of Georgia During the Year T No Amount Policies on the lives of citizens of said State in force December 31 of previous year 2505 4680521 20 Policies on the lives of citizens of said State issued during the year 1039 lj646j254 7 Total nn t 3544 6326775 27 Deduct ceased to be m force during the year 497 809835 00 Policies in force December 31 3047 5516940 27 T No Amount Bosses and claims unpaid December 31 of previous yeaT 2 8000 00 Losses and claims settled during the year 15 54393 00 Ttal 15 54393 00 Loses and claims settled during the year 15 54 393 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 142 40066 NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF BOSTON MASSACHUSETTS Alfred D Foster President j A Barbey 8ee Home Office 87 Milk Street Boston Mass ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 49 399 992 73 4 ExteDded at 49399992 78 520 ComptrollerGenerals Report IIncome During Year 1910 5 First years premiums on original policies without deduction for commissions or other expenses 7 Total first year a premiums on original poh cies 8 Dividends applied to purchase paidup ad ditions 11 Consideration for supplementary contracts involving life contingencies 832296 90 832296 90 167215 65 5779 04 1005291 59 76192 00 1448 60 12 Total new premiums 13 Renewal premiums without deduction for commissions or other expenses tZcZ Ia 14 Dividends applied to pay renewal premiums93694J4 6325044 3 15 Total renewal premiums 7330335 90 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies 1 Dividends left with the company to accumulate at interest 23 Gross interest on mortgage loans 50aZOO 24 Gross interest on collateral loans G8U Gross interest on bonds and dividends on stocks less 2909530 accrued interest on bonds acquired during 1910 104814 15 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust companies and banks 31 Gross discount on claims paid in advance 32 Gross rent from company a property includ ine 3938000 for companys occupancy K 211740 47 of its own buddings 33 Total gross interest and rents 34 From other sources viz Boston Chamber of Commerce 4l Gross profit on sale or maturity of ledger assete Rea estate 508000 bonds 2409040 stocks 006200 total 4 Gross increase by adjustment in book value of ledger viz Real estate 031 bonds 060 stocks 15270 76 183 56 2143703 46 174 00 86232 40 025 total 43 Total income 1 16 9638087 52 ComptrollerGenerals Report IIIDisbursements for the Tear 1910 1 For death claims 226599200 additions 2227500 total 2288267 00 2 For matured endowments 57300000 ad ditions 858700 total 581687 00 521 18 19 3 Net amount paid for losses and matured endowments 5 Premium notes and liens voided by lapse 1860866 less 249763 restorations and 254330 dividends and inter est 6 Surrender values applied to pay new premiums 9 Dividends paid to policy holders in cash or applied in liqui dation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions 13 Dividends left with the company to accumulate at interest 14 Total paid polieyholders 4887 74525 15 Expense of investigation and settlement of policy claims 16 Paid for claims on supplementary contracts not involving life contingencies 17 Dividends and interest thereon held on deposit surrendered during the year Paid for claims on supplementary contracts involving life contingencies Commissions to agents First years premiums 38396573 renewal premiums 33889737 total 20 Commuted renewal commissions 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 23 Branch office expenses including salaries of managers and clerks not included in item 21 24 Medical examiners fees 6454866 780655 total 5 Salaries and all other compensation of officers directors trustees and home office employees Rent including 3938000 for companys occupancy of its own buildings 7 Advertising 1635829 printing and stationery 30 43341 postage telegraph telephone and express 11 78481 exchange 74167 total 18 Legal expense not included in item 15 9 Furniture fixtures and safes Repairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums 53 Insurance department licenses and fees inspection of risks 2869954 00 13567 73 748691 83 149893 10 936974 34 167215 65 1448 60 317 71 11341 00 388 20 9500 00 722845 10 774 95 1280 00 9718 53 126122 67 72355 21 215606 51 43596 55 59318 18 44 75 10898 79 77266 37 48580 34 83243 47 13767 98522 CoMPTROLLERGtENERALS BEPORT 34 411 other licenses fees and taxes viz Tax on reserve 48 41262 personal property tax 61433 compulsory ad vertising 66254 total 38 Other disbursements viz Legislative expense 70012 As sociation of Life Insurance Presidents 138978 office supplies 751896 miscellaneous expense 856443 mortgage expense 306000 total 47 Gross decrease by adjustment in book value of ledger as sets viz Real estate 19990 Bonds 3600590 total 48 Tola disbursements 49689 49 21233 29 36206 68 6501841 02 IVLedger Assets 2541066 00 1 Book value of real estate v 2 Mortgage loans on real estate first liens of which 090 00000 is secured by second lien on one parcel included 115411UU UU in blanket mortgage X 1 i c nn 3 Loans secured by pledge of bonds stocks or other collateral 633300 00 4 Loans made to policyholders on this companys policies as signed as collateral 704 958 96 5 Premium notes on policies in force 6 Book value of bonds 2747694800 and stocks 2558 45900 total 7 Cash in companys office 9 Deposits in trust companies and banks on 537411 74 interest Total 538382 64 12 Total ledger assets as per balance 52536239 28 NonLedger Assets 102363 11 423088 81 7734 18 13 Interest accrued on mortgages 14 Interest accrued on bonds 15 Interest accrued on collateral loans 16 Interest due 2908408 and accrued 8924484 on premi um notes policy loans or liens aft l 17 Interest accrued on other assets viz Bank interest 20 Bents due 72290 and accrued 1528109 on companys property or lease 21 Total interest and rents due and accrued 668134 74 New Business Renewals 25 Gross premiums due and unreported on policies in force Dec 31 1910 283870 55 16003 99ComptrollerGenerals Eeport 523 26 Gross deferred premiums on policies in force Decem ber 31 1910 117630 82 115468 21 21 Totals 117630 82 399338 76 28 Deduct loading 27055 09 91847 91 29 Net amount of uncollected and deferred premiums 90575 73 307490 85 398066 58 35 Gross assets 54422643 60 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com panys actuary on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 on all policies issued prior to 1901 31532479 64 Total 2 American Experience table at 3 on all policies issued from January 1 1901 to December 15 1907 except joint life Ad ditions to all policies to January 1 1908 12618864 06 Same for reversionary additions 939 828 17 31522479 64 Total 3 American Experience Table at 3 on all policies written after December 15 1907 and dated in 1908 and after and addi tions thereon Joint life policies 2359 474 87 Same for reversionary additions 23 927 46 13558692 23 Total 5 Net present value of annuities including those in reduction of premiums viz 4 per cent 3y2 per cent 3 per cent 2383402 33 52 33 3388 06 42782 37 Total Total 46222 7C 47510796 9 8 Net reserve written basis 47 510 796 9524 ComptrollerGenerals Eeport 9 Net present amount not yet due on supplementary contracts not involving life contingencies computed by the com pany s actuary 11 Claims for death losses due and unpaid 12 Claims for death losses in process of adjust ment or adjusted and not due 13 Claims for death losses which have been re ported and no proofs received 134134 00 14 Claims for matured endowments due and un paid 8036 00 120514 48 63366 59 17 Total policy claims 19 Dividends left with the company to accumulate at interest and interest thereon interest 5003 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 ac crued 26 Medical examiners 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 deferred pre miums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 45 Unassigned funds surplus 281664 60 326051 07 1717 83 55740 37 4032 37 28480 08 5614 43 7983 27 355 00 134303 35 224418 51 1233000 00 65662 65 46 Total Business in Georgia During 1910 228629 30 4314193 81 54422643 60 16 Policies on the lives of citizens of said State in force December 31 of previous year 1563 17 Policies on the lives of citizens of said State is sued during the year 468 18 Total No Amount 3222734 00 1191455 00 2031 4414189 00Comptroller Gen eeals Eeport 525 19 Deduct ceased to be in force during the year 152 294 844 00 20 Policies in force December 31 1 879 4 119 345 00 No Amount 21 Losses and claims unpaid December 31 of pre vious year 1 7660 00 22 Losses and claims incurred during year 17 29 654 00 23 Total 18 37314 00 24 Losses and claims settled during the year in cash 17 37 257 00 25 Losses and claims unpaid December 31 1 57 00 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses i30399 08 NEW YOEK LIFE INSURANCE COMPANY OF NEW YORK CITY Darwin P Kingsley President Seymour M Ballard Secretary Home Office 346 Broadway New York City N Y ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year589604609 41 4 Extended at 589604609 41 IIIncome During Year 1910 5 First years premiums on original policies without deduction for commissions or other expenses 6516105 78 7 Total first years premiums on original poli cies 6516105 78 8 Dividends applied to purchase paidup addi tions and annuities 706 568 69 10 Consideration for original annuities involv ing life contingencies 496109 05 11 Consideration for supplementary contracts involving life contingencies 271155 70 12 Total new premiums 7989939 22 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 107 28744 for reinsurance on renewals 70395669 03 Dividends applied to pay renewal premiums 1899486 68 526 CompteolleeGenebals Repobt 16 Surrender values applied to pay renewal pre miums 17 Renewal premiums for deferred annuities 29775 99 38540 46 18 Total renewal premiums 72363472 16 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies 21 Dividends left with the company to accumulate at interest 23 Gross interest on mortgage loans 3481947 10 25 Gross interest on bonds less 12494199 ac crued interest on bonds acquired during 1910 16891258 92 26 Gross interest on premium notes policy loans or liens 5218630 98 27 Gross interest on deposits in trust companies and banks 28 Gross interest on other debts due the com pany viz Interest agents accounts 31 Gross discount on claims paid in advance 32 Gross rent from companys property includ ing 27553493 for companys occupancy of its own buildings 80353411 38 160060 51 44896 64 276951 35 1996 29 8339 33 918173 83 33 Total gross interest and rents 26797297 80 34 From other sources viz 35 Commissions advanced in previous years now repaid 73428 62 36 Policy fees 37012 43 37 Doubtful debts recovered I025 94 38 Exchange 19164 26 39 Total 41 Gross profit on sale or maturity of ledger assets viz Eeal estate 706566 bonds 5269547 total 42 Gross increase by adjustment in book value of ledger as sets viz Bonds 130631 25 59761 13 440482 93 43 Total income 107986541 64 IIIDisbursements for the Year 1910 1 For death claims less 19948535 reinsur ance 2278769824 additions 938 43629 total 23726134 53 2 For matured endowments 643367097 ad ditions 3515960 total 6468830 57 3 Net amount paid for losses and matured endowments 30194965 10 ComptrollerGenerals Eeport 527 4 For annuities involving life contingencies 1 659 508 48 6 Surrender values paid in cash or applied in liquidation of loans or notes r Q 130o4871 09 i Surrender values applied to pay new premiums 29 775 99 9 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 5 974 370 47 10 Dividends applied to pay renewal premiums l899486 68 12 Dividends applied to purchase paidup additions and an nuities 15 tv j i t 706568 69 13 Dividends left with the company to accumulate at interest 44 896 64 14 Total paid policyholders 53564443 14 lo Expense of investigation and settlement of policy claims including 3227602 for legal expense 38935 97 lb Paid for claims on supplementary contracts not involving life contingencies 175078 07 1 Dividends and interest thereon held on deposit surrendered during the year 3 179 13 19 Commissions to agents less commissions on reinsurance First years premiums 291519371 renewal premiums 130723862 annuities original 22435 54 re newal 87285 total 4245740 72 dV Commuted renewal commissions 3 102 00 21 Compensation of managers and agents not paidby com mission for sendees in obtaining new insurance 20 335 65 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 955 553 39 23 Branch office expenses including salaries of managers and clerks not included in item 21 1 001 791 71 24 Medical examiners fees 25564994 inspectionofrisks 6582433 total 321474 27 25 Salaries and all other compensation of officers directors 96 v trSt6T Td hme ffiee emPyees 1581628 88 26 Rent including 27553493 for companys occupancy of its own buildings less 828497 received under sublease 526 744 12 27 Advertising 6647734 printing and stationery 191 70624 postage telegraph telephone and express 20l 97434 total i8 Legal expense not included in item 15 14 fiS7 QQ 29 Furniture fixtures and safes 59 453 97 30 Repairs and expenses other than taxes on real estate 917297 90 31 Taxes on real estate UoZl 54 32 State taxes on premiums 803394 06 33 Insurance department licenses and fees 14H7 26 34 All other licenses fees and taxes viz Local licenses and taxes 7238496 tax on policy reserves 4240472 Fed eral income tax 10641102 miscellaneous taxes includ ing 540699 income tax on interest receipts 3525077 total 256451 47528 ComptrollerGenerals Report 38 Other disbursements viz Paid agents under Nylic con tracts 50909984 doubtful debts marked off 961918 premium on fidelity bonds 877175 special inspection reports 410329 restaurant 4339385 custody of se curities 2150639 papers books subscriptions etc 933790 legislative and departmental expenses 4 34021 expenses trustees election 1911 2793407 traveling expenses not included in item 22 152o595 miscellaneous items of expense 1675286 total lol 670115 29 Total 775 00 42 Commissions paid on real estate sales 43 Miscellaneous interest payments 308521 bank charges 1883544 total 46 Gross loss on sale or maturity of ledger assets viz Real estate 693214 bonds 7383054 bond and mortgage 23944 total 47 Gross decrease by adjustment in book value of ledger as sets viz Bonds 66388876 50 48 Total disbursements Ledger Assets 11554601 09 1 Book value of real estate 2 Mortgage loans on real estate first liens onn nnn nn 3 Loans secured by pledge of bonds uuuu w 4 Loans made to policyholders on this companys policies as ii i i 997tw91l signed as collateral g9 5 Premium notes on policies in force 413 5B0JHM 58 6 Book value of bonds 7 Cash in company s office 3651 49 8 Deposits in trust companies and banks not on interest 1340273 58 9 Deposits in trust companies and banks on interest 7560704 77 Total 8904629 84 Branch Office balances debit 6720473 credit 49 17447 02 75771 net 11 Cash in companys branch offices 15095328 cash in transit 370137 total 154654 65 t 631202274 55 12 Total ledger assets p NonLedger Assets 13 Interest due 1556750 and accrued 79939624 on 814963 4 mortgages vComptrollerGeneral s Report 529 14 Interest due 54239462 and accrued 564261781 on bonds 15 Interest accrued on collateral loans 16 Interest due on premium notes policy loans or liens 18 Interest due 1356840 and accrued 1269803 on bank balances 20 Bents due 445596 and accrued 528139 on companys property or lease 6185012 43 244 44 237318 63 26266 43 9737 35 21 Total interest and rents due and accrued 7 273 543 02 New Business Renewals 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi llms 80914 22 4428395 67 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 370404 00 4877031 00 27 Totals 451318 22 9305426 67 28 Deduct loading 25 112829 55 2326356 67 29 Net amount of uncollected and deferred premiums 338488 67 6979070 00 7317558 67 35 Gross assets 645793376 24 Deduct Assets Not Admitted 42 Book value of ledger assets over market value viz Bonds 7849604 37 43 Branch office debit balances 67204 73 44 Total 7916809 10 45 Admitted Assets 637876567 14 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the insur ance department of the State of New York on the following tables of mortality and rates of interest viz 2 American Experience table at 3 per cent On general risks all policies issued 1898530 ComptrollerGenerals Eeport and since all insurances bearing 3 per cent guarantees Free Tontine Ordinary Life Policies issued 1892 and since Ac cumulation policies having completed their Accumulation period all Annual Dividend policies all paidup Term Ex tension insurance and Premium Return additions 332884598 00 Same for reversionary additions 2939784 00 335824382 00 Total 3 American Experience table at ZVi per cent on all other insurances except those speci fiedunder4101771822 00 101771822 00 Total 4 Other tables and rates viz Double American Experience table at 3 per cent on tropical insurances and those on impaired lives38067758 00 Same for reversionary additions 115844 00 38183602 00 Total Sesqui American Experience table at 3 per cent on semitropical insurances and those on partially impaired lives 36590319 00 Same for reversionary additions 48133 00 m 36638452 00 Total Reserve to cover contingent waiver of premium contained in certain policies based upon Fraternal experience 3820 00 and 3 per cent 5 Net present value of annuities including those in reduction of premiums viz McClintocks Annuity Table 3y2 per cent on issues prior to 1909 15020441 00 McClintocks Annuity Table 3 per cent on issues of 109 and subsequent 916366 00 Total 15986807 00 Total 528358885 00 6 Deduct net value of risks of this company reinsured in other solvent companies 13675 8 Net reserve paid for basis528222129 00 9 Present value of amounts not yet due on supplementary con tracts not involving life contingencies computed by 2460909 25 the company CoMPTEOLLEEGENEEAIis BEPOBT 531 10 Liability on policies cancelled and not included in net re serve upon which a surrender value may be demanded 12 Claims for death losses in process of adjust ment or adjusted and not due 13 Claims for death losses which have been re ported and no proofs received 14 Claims for matured endowments due and un paid 15 Claims for death losses and other policy claims resisted by the company 16 Due and unpaid on annuity claims involving life contingencies 981038 38 1865704 03 345585 03 278395 89 292735 33 136960 23 17 Total policy claims 18 Due and unpaid on supplementary contracts not involv ing life contingencies 19 Dividends left with the company to accumulate at inter est and accrued interest thereon 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 fees and salaries 1658743 and legal fees and salaries 1006635 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 applied on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 35 Reserve special or surplus funds not included above viz War risk fund 50139500 security fluctuation and general contingency fund 843833430 mortality fluc tuation fund 50000000 annual dividend equalization funds 38753200 total 40 Due agents under Nylic contracts 41 Reserve for Nylic contracts 3607683 56 840 07 61160 65 732075 74 2355148 75 46792 50 10611 89 71198 81 26653 78 906465 93 798696 34 3390239 00 5720377 37 77545164 00 9827261 30 1641 87 1293782 00532 ComptrollerGenerals Eepokt 42 Reserve for death claims not yet reported to home office 500000 00 43 Eeserve for unclaimed receipts 5000 00 46 Total 637876567 14 Business in Georgia During 1910 On the basis of paidfor business only No Amount Policies on the lives of citizens of said State in force December 31 of previous year11440 22867936 0C Policies on the lives of citizens of said State is sued during the year 888 2263718 0C Total12328 25131654 00 Deduct ceased to be in force during the year 654 1517486 00 Policies in force December 31 191011674 23614168 00 No Amount Losses and claims unpaid December 31 of pre vious year 13 22978 92 Losses and claims incurred during the year 144 357028 28 Total 157 380007 20 Losses and claims settled during the year 147 363635 95 Losses and claims unpaid December 31 1910 10 16371 25 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 738306 21 THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF MILWAUKEE WIS Geo C Markham President J W Skinner VieePresident 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 as per balance December 31st of previous year257501469 73 4 Extended ait 257501469 73 1 COMPTBOLLEBGrENERAL s EePORT 533 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 3764460 78 6 Surrender values applied to pay first years premiums 6 345 84 7 Total first years premiums on original Plieies 3770806 62 8 Dividends applied to purchase paidup ad ditions and annuities 295 527 14 10 Consideration for original annuities in volving life contingencies 114 996 79 11 Consideration for supplementary contracts involving life contingencies 16 424 38 12 Total new premiums ZT 5197454 93 16 Renewal premiums without deduction for commissions and other expenses 28257 708 62 14 Dividends applied to pay renewal pre miums 5420176 96 16 Surrender values applied to pay renewal premiums 15 73 17 Renewal premiums for deferred annuities 1722 29 18 Total renewal premiums 33679623 60 19 Total premium income 38877078 53 20 Consideration for supplementary contracts not involving life contingencies 448697 14 21 Dividends left with the company to accumulate at in terest 3 gi3 92 23 Gross interest on mortgage loans less 260767 accrued interest on mortgages acquired during 1910 6 921 373 32 25 Gross interest on bonds and dividends on stocks less 14 23417 accrued interest on bonds acquired during 1910 3 177 877 75 26 Gross interest on premium notes policy loans or liens l916853 20 27 Gross interest on deposits in trust companies and banks 67274 87 28 Gross interest on other debts due the company viz In terest included in deferred quarterly and semiannual premiums 277994 24 31 Gross discount on claims paid in advance 15 930 13 32 Gross rent from companys property including 5670500 for companys occupancy of its own buildings 207294 30 34 From other sources viz Money received from unknown sources 85 00 40 From agents balances previously charged off 300 00534 ComptrollerGeneral s Report 41 Gross profit on sale or maturity of ledger assets viz Real estate 3056081 bonds 146768 total 42 Gross increase by adjustment in book value of ledger assets viz Bonds including 3349135 for accrual of discount 43 Total income IIIDisbursements 1 For death claims 9689612 57 192141 39 32028 49 33491 35 51979892 23 Additions Total 9881753 96 2 For matured endowments 2520523 00 Additions 106120 33 Total 1626643 33 3 Net amount paid for losses and matured endowments 12508397 4 For annuities involving life contingencies 83524 6 Surrender values paid in cash or applied in liquidation of loans or notes 8423186 7 Surrender values applied to pay new premiums 634584 to pay renewal premiums 1573 total 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 5129411 10 Dividends applied to pay renewal premiums 5420176 15 Dividends applied to purchase paidup additions and an 1295227 unities 13 Dividends left with the company to accumulate interest 3613 29 40 31 6361 57 81 96 14 91 14 15 16 17 19 21 22 24 25 Total paid policyholders 32869899 39 Expense of investigation and settlement of policy claims including 378419 legal expenses 3787 93 Paid for claims for supplementary contracts not involving life contingencies 272270 64 Dividends and interest thereon held on deposit surren 91U K dered during the year Commissions to agents less commission on reinsurance First years premiums 171037837 renewal premiums 2 8365610 annuities original 72316 renewal 3445 total 3994792 08 Compensation of managers and agents not paid by com mission for services in obtaining new insurance Agency supervision and traveling expenses of supervis ors except compensation for home office supervision Medical examiners fees 18780196 inspection of risks 2688763 total Salaries and all other compensation of officers directors trustees and home office employees 3333 30 2247 37 214689 59 836278 33OomptbolleeGenebals Repoet 535 26 Bent including 5670500 for companys occupancy of its own buildings 34 354 4 27 Advertising 908603 printing and stationery 88 08701 postage telegraph telephone and express 121 16793 exchange 1219033 total 230531 30 28 Legal expense 4186 55 29 Furniture fixtures and safes 4 495 n 30 Bepairs and expenses other than taxes on real estate 93916 99 31 Taxes on real estate 39 739 go 32 State taxes on premiums393 735 42 33 Insurance department licenses and fees 26 275 12 34 All other licenses fees and taxes 35 Federal tax on income 43 729 78 36 State tax on income 43375545 State tax on reserves 2807111 total 461826 56 37 Publishing statement as required by law 135842 county and municipal licenses and tax on premiums 771529 total 9073 71 Total 514630 05 38 Other disbursements viz 39 Loan expenses 185973 87 40 Special mortality investigation 5 857 77 41 Legislative expenses 543 gg 42 Traveling expenses 2687 29 43 Interest 626392 premiums on fidelity bonds 14600 total 6409 92 44 Adjustment of agents contract 670000 loss on policy loan 23987 total 6939 87 Total 208412 38 46 Gross loss on sale or maturity of ledger assets viz Beal estate 102338 bonds 9421058 total 95233 96 47 Gross decrease by adjustment in book value of ledger assets viz Beal estate 2928780 bonds including 8104595 for amortization of premium 8104595 total 110333 75 48 Total disbursements 39983393 16 IVLedger Assets 1 Book value of real estate 2 217 776 68 2 Mortgage loans on real estate first liens 150739 680 45 4 Loans made to polieyholders on this companys policies assigned as collateral 40 005 496 19 6 Book value of bonds 74 135 igi oi 7 Cash in companys office 92120 90536 OomptbolleeGenerals Eepoet 9 Deposits in trust companies and banks on interest 1732039 51 Total 1324160 41 10 Agents balances debit 169 80 12 Total ledger assets 269497908 80 NonLedger Assets 13 Interest due 3381997 and accrued 2 05804241 on mortgages 2091862 38 14 Interest due 5000 and accrued 1065 75618 on bonds 1065806 18 16 Interest due 20337228 and accrued 96612886 on premium notes policy notes policy loans or liens 1169501 14 20 Bents due 67947 and accrued 10 16162 on companys property or lease 10841 09 21 Total interest and rents due and accrued 4338010 79 New Business Benewals 25 Gross premiums due and un reported on policies in force December 31 1910 23109 00 1657042 00 26 Gross deferred premiums on policies in force De cember 31 1910 278214 00 1791778 66 27 Totals 301323 00 3448820 66 28 Deduct loading 64784 45 741496 44 29 Net amount of uneollect ed and deferred pre miums 236538 55 2707324 22 Extended at 94377 35 Gross assets 276779842 36 Deduct Assets Not Admitted 38 Agents debit balances gross 16059 80 42 Book value of ledger assets over market value viz Bonds 2950746 01 44 Total 2966805 81 45 Admitted assets 273813036 55ComptbollekGenekals Beport 537 VLiabilities Net present value of all the outstanding policies in force on the 31st day of December 1910 as computed by the company 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 February 1 1899121479584 00 Same for reversionary additions 4668285 00 Total126147869 00 2 American Experience table at 3 per cent on life endowment and term policies is sued since February 1 1899108659950 00 Same for reversionary additions 4055443 00 al 112715393 00 o JSet present value of annuities including those in reduction of premiums Actuaries Table at 4 per cent 391701 00 American Experience Table at 3 per cent 634391 00 Tota 1026092 00 8 Net reserve 239889354 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 2227191 90 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demanded 7222 38 11 Claims for death losses due and unpaid 75737 18 12 Claims for death losses in process of ad justment or adjusted and not due 174830 94 13 Claims for death losses which have been reported and no proofs received 363772 47 14 Claims for matured endowments due and unpaid 22591 96 15 Claims for death losses and other policy claims resisted by the company 161160 14 16 Due and unpaid on annuity claims involv ing life contingencies 1 17g 59 17 Total policy claims 79g 971 2g 19 Dividends left with the company to accumulate at inter est and accrued interest thereon g 47g 32 20 Premiums paid in advance including surrender values so applied 30270 44538 CompteollekGeneeals Repoet 21 Unearned interest and rent paid in advance 1023 06 23 Commissions to agents due or accrued 7974b 25 Salaries rents office expenses bills and accounts due or 20617 31 accrued 26 Medical examiners fees 53821 0 27 State county and municipal taxes due or accrued 287295 88 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 892332 19 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 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 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies 10678143 00 45 Unassigned funds surplus 6089878 08 46 Total273813036 55 VIPremium Note Account 7942566 23 4807433 77 1 Premium notes loans or Hens on hand De cember 31st of previous year 2 Received during the year on old policies 3 Restored by revival of policies 566716 77 389214 12 453 86 Total Deductions during the year as follows 4 Used in payment of losses and claims 5 Used in purchase of surrendered poli cies 7 Used in payment of dividends to policy holders 8 Redeemed by maker in cash 956384 75 17027 79 53277 02 127937 09 198508 59 9 Total reduction of premium note account 396750 49 10 Balance of note assets at end of year 559634 26 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 8179 18884613 00 Policies on the lives of citizens of said State issued during the year 74 2009000 00 Total 9053 20893613 00COMPTBOLLERGrENEBALs UePOBT 539 10 Consideration for original annuities involv ing life contingencies Deduct ceased tobe in force during the year 4227 30 368 808149 00 Policies in force December 31 Losses and claims unpaid December 31 of previous year 22 Losses and claims incurred during year Total Losses and eiaims settled during the year 8685 20025464 00 No Amount 2 3166 67 69 183319 00 71 186485 67 69 183485 67 Losses and eiaims unpaid December 31 2 3 000 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 634 36615 PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA Geo I Cochran President c L D UooIe Secretary Home Office Sixth and Olive Streets Los Angeles Cal ICapital Stock 1 Amount of capital paid up in ca 1000000 00 2 Amount of ledger assets as per balance December 31 of previous year 17 834 782 72 Deduct assets of Accident Department 585 517 49 4 Extended a 17249265 23 IIIncome During Year 1910 5 First years premiums on original policies without deduction for commissions or other expenses less 594245 for first years reinsurance 610774 45 6 Surrender values applied to pay first years premiums 17514 23 7 Total first years premiums on original Policiea 628288 68 8 Dividends applied to purchase paidup addi tions and annuities 147 700 4 9 Surrender values applied to purchase paid up insurance and annuities 2 933 00540 ComptrollerGenerals Report 11 Consideration for supplementary contracts involving life contingencies 9122 00 12 Total new premiums 792277 39 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 3151816 for reinsurance on renewals 3414182 00 14 Dividends applied to pay renewal premiums 109323 64 16 Surrender values applied to pay renewal pre miums 68895 62 18 Total renewal premiums 3592201 26 19 Total premium income 4384478 65 20 Consideration for supplementary contracts not involving life contingencies 21021 20 21 Dividends left with the company to accumulate at interest 269 45 23 Gross interest on mortgage loans less 1 25275 accrued interest on mortgages ac quired during 1910 434193 76 24 Gross interest on collateral loans 39288 56 25 Gross interest on bonds and dividends on stocks less 1976788 accrued interest on bonds acquired during 1910 285003 89 26 Gross interest on premium notes policy loans or liens 162043 14 27 Gross interest on deposits in trust companies and banks 3982 72 29 Agents balances 504 64 31 Gross discount on claims paid in advance 193 51 32 Gross rent from companys property includ ing 2880000 for companys occupancy of its own buildings 41588 98 33 Total gross interest and rents 966799 20 35 Loss and gain 412 21 36 Bonus on Bond options 3777 43 Total 4189 64 40 From agents balances previously charged off 6092 62 41 Gross profit on sale or maturity of ledger assets viz Real estate 4231 00 Bonds 2074 86 Stocks 4705 75 Total 11011 61 43 Total income 5393862 37CoMPTBOLLERGrENEKAL s EePOKT HIDisbursements for the Year 1910 541 1 For death claims 2734100 total 2 For matured endowments tions 110500 total 71939 additions i 8518500 addi 997060 39 86290 00 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes voided by lapse less 119716 restorations 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 1751423 to pay renewal premiums 6889562 total 8 Surrender values applied to purchase paidup insurance and annuities 9 Dividends paid to policyholders in cash or applied in liqui dation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions and an nuities 13 Dividends left with the company to accumulate at interest 14 Total paid policyholders 192824388 15 Expense of investigation and settlement of claims includ ing 120973 for legal expense 16 Paid for claims on supplementary contracts not involving life contingencies Paid stockholders for interest or dividends Commissions to agents less commission on reinsurance First years premiums 40754257 renewal premiums 25301293 annuities original 21137 total Commuted renewal commissions 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 24 Medical examiners fees 4480999 inspection of risks 1190064 total 25 Salaries and all other compensation of officers directors trustees and home office employees 26 Kent including 2880000 for companys occupancy of its own buildings 27 Advertising 1339370 printing and stationery 24 70762 postage telegraph telephone and express 12 35323 exchange 133139 total 28 Legal expense not included in item 15 29 Furniture fixtures and safes 30 Eepairs and expenses other than taxes on real estate 31 Taxes on real estate 32 State taxes on premiums 18 19 20 1083350 39 9913 06 32629 49 382198 72 86409 85 2933 00 73709 87 109123 64 147706 41 269 45 4824 38 4684 50 80000 00 661366 87 2500 00 13740 00 18717 21 56710 63 163945 50 28800 00 51785 94 8319 76 5125 58 16375 43 10467 09 44263 01542 ComptbollebGenebals Eepoet 33 Insurance department licenses and fees O490 33 34 All other licenses fees and taxes viz Personal property 2496049 municipal licenses 503346 Federal in come tax 599061 tax on franchise 683624 total 42820 80 38 Other disbursements viz Traveling 217190 Association Life Insurance Presidents 139420 commission on sale real estate 283750 investment expenses 104705 general expense 357056 interest and discount 4 18156 total 15202 77 45 Agents balances charged off i650 9 46 Gross loss on sale or maturity of ledger assets viz Bonds 97500 stocks 720000 total 8175 47 Gross decrease by adjustment in book value of ledger as sets viz Collateral loans 1250000 bonds 277878 total 15278 48 Total disbursements 3190488 43 IVLedger Assets 1 Book value of real estate 1120450 10 2 Mortgage loans on real estate first liens 8223340 98 Warrants Eeclamation District 407 Sacramento Co Cal 24618 66 3 Loans secured by pledge of bonds stocks or other collateral 1043772 48 4 Loans made to policyholders on this companys policies as signed as collateral 2215296 83 5 Premium notes and liens on policies in force 981803 44 6 Book value of bonds 513659161 and stocks 379 04763 total 5515639 24 7 Cash in companys office 7640 86 Cash in course of transmission 186538 46 8 Deposits in trust companies and banks not on interest 80532 38 9 Deposits in trust companies and banks on interest 53005 74 Total 327717 44 12 Total ledger assets as per balance 19452639 17 NonLedger Assets 13 Interest due 19646 and accrued 76 80058 on mortgages 76997 04 14 Interest accrued on bonds 91124 17 15 Interest accrued on collateral loans 5843 62 16 Interest due 1360364 and accrued 17 40993 on premium notes loans or liens 31013 57 21 Total interest and rents due and accrued 204978 40ComptrollerGeneral s Report 543 24 Due from other companies for losses or claims on policies of this company reinsured New Business Renewals 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 117607 54 244784 37 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 31195 47 290348 26 5000 00 27 Total 148803 01 535132 63 93648 21 28 Deduct loading 89698 29 Net amount of uncollected and deferred premiums 59104 26 441484 42 500588 68 35 Gross assets 20163206 25 Deduct Assets Not Admitted 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 33932 15 42 Book value of ledger assets over market value viz Stocks and bonds 81616 39 Total 115548 54 45 Admitted assets Life department Admitted assets Accident department 20047657 71 724337 59 Total admitted assets VLiabiliites Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the State Department on the following tables and rates of interest viz 1 Actuaries table at 4 per cent on all policies issued prior to January 1 1901 5584060 31 Same for reversionary additions 130 153 73 20771995 30 Total 5714214 04l 544 ComptrollerGenerals Report 2 American Experience table at 3Vo per cent on all policies issued from December 31 1900 to January 1 1908 and nonparti cipating policies issued subsequent to De cember 31 1907 9814829 88 Same for reversionary additions 1051933 28 Total 10866763 16 3 American Experience table at 3 per cent on annual dividend policies issued in 1907 and all participating policies issued sub sequent to December 31 1907 995641 34 Same for reversionary additions 8586 32 Total 1004227 66 5 Net present value of annuities including those in reduction of premiums viz Actuaries table at 4 8280 51 American Experience table at 3 83360 87 American Experience table at 3 32278 72 Total 12392010 Total 17709124 96 6 Deduct net value of risks of this company reinsured in other solvent companies 13441 Total 17574707 34 7 Reserve to provide for health and accident benefits con tained in life policies 22864 67 8 Net reserve 17597572 01 9 Present value of amounts not yet due on supplementary con tracts not involving life contingencies computed by the company 31910 61 12 Claims for death losses in process of adjust ment or adjusted and not due 20009 46 13 Claims for death losses which have been re ported and no proofs received 47182 08 14 Claims for matured endowments due and un paid 1624 00 16 Due and unpaid on annuity claims involving life contingencies 140 00 17 Total policy claims 68955 54 18 Due and unpaid on supplementary contracts not involv ing life contingencies 300 00 19 Dividends left with the company to accumulate at interest and accrued interest thereon 273 63CompteolleeGenebals Bepobi 20 Premiur sms paid in actvnce including surrender values so applied 21 Unearned interest aud 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 dueor accrued 26 Medical examiners fees 27 State county and municipal taxes due or accrued including Federal income tax 31 Dividends and 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 1911 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 36 Fund to meet commissions for inspections 39 All other liabilities viz 40 Interest due and accrued on reinsurance fund 41 Premiums due reinsuring companies 545 48548 41 59520 00 2383 74 3556 64 16834 67 12415 46 52049 42 1124 65 70207 69 31573 88 317778 01 32066 65 2121 76 5153 01 42 Liabilities of life department 18 18354345 78 692662 43 43 Liabilities of accident department 44 Capital stock lfiQ 45 Unassigned funds surplus life department 69331193 accident department 3167516 total 724 987 09 46 Total life and accident departments 20 771 995 30 Business in Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in force on December 31 of previous year 1 046 17 Policies on the lives of citizens of said State is sued during the year 999 1717904 00 591257 00 18 Total 1 19 Deduct ceased to be in force during the year 185 20 Policies in force December 31 345 2309161 00 308094 00 1160 2001067 00546 ComptrollerGenerals Report No Amount 22 Losses and claims incurred during year 14 25216 14 25216 00 23 Total 24 Losses and claims settled during the year in cash 13 20116 00 25 Losses and claims unpaid December 31 1 5 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions 67152 bl or other expenses PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY OE CHATTANOOGA TENNESSEE Thos Maclellan President Bobt J Maclellan Secretary Principal Office 707 James Bldg Chattanooga Tenn Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 150000 00 150000 00 Extended at IIIncome During the Year I Cash received for premiums on new poli cies and for renewal premiums without deductions for commissions or other ex 193243 86 pensesv 198243 86 7 Total premium income 9 Cash received for interest on bonds owned and dividends 4589 M on stock II Cash received for interest on other debts due the com 1710 oo pany 14 Cash received for profits on bonds or stocks 19 From all other sources viz Policy fees 1646117 pre mium sale of stock 1537329 total 236410 90 Total income HIDisbursements During the Year 1 Cash paid for claims including revisionary additions 68714 51 7 Total not amount actually paid for losses fi8 714 51 Total paid policyholders ComptrollerGenerals Eepoet 17 rash paid for commissions and bonuses to agents less commission on reinsurance 18 Cash paid for salaries and allowancesto managers and agents 19 Cash paid for medical examiners fees 20 Cash paid for salaries and all otiher compensation of offi cers and other home office employees 23 Cash paid for insurance department fees and agents li censes 24 Cash paid for rent 27 Cash paid for advertising 5203 printing 3059 29 total 28 Cash paid for legal expenses 29 Cash paid for the following itemsviz General expense 240443 stock dividend 139890 agents balances charged off 10410 sale of bonds 48250 total 547 86560 01 25844 87 1019 50 19135 15 622 28 1623 17 31111 32 621 32 4389 93 30 Total disbursements 211642 06 IVAssets as Per Ledger Accounts 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances advanced during theyear Furniture and fixtures 73657 stationery 50000 total Accounts receivable 1151548 accrued interest 548 50 total 11 Total net or ledger assets 120500 00 35881 11 5373 29 1060 28 1236 57 12063 98 176115 23 Items Not Admitted 2 Furniture fixtures and safes 5 Agents balances 8 Supplies printed matter and stationery 736 57 1060 28 500 00 ijll Total 9 Total assets less items not admitted VLiabilities 3 Health and accident claims reported or in process of adjustment 2296 85 173818 38 2477 40 Total policy claims 11 Reserve for unearned premiums 2477 40 5855 76548 ComptrollerGenerals Report 923 43 729 12 1336 39 12 Amount of National State or other taxes due 13 Amount due on account of salaries rents and office expenses 16 Amount of any other liability of the company viz Agents and superintendents cash bonds and balances 17 Liabilities on policyholders account iq2 496 18 Gross surplus on policyholders account 173818 38 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 dJS 87880 00 Total 604 157040 00 Deduct number and amount which have ceased to be in force during the year Total number and amount of policies in force in Georgia December 31 1910 Amount of losses and claims on policies in Georgia incurred during the year 390 101400 00 214 55640 00 No Amount 1267 75 100 Total Amount of losses and claims on policies in Georgia paid during the year 100 1267 75 90 1155 70 THE PRUDENTIAL INSURANCE COMPANY OF AMERICA OF NEWARK N J i Edward Gray Secretary John F Dryden President ruw Home Office 755 to 769 Broad Street Newark N J J M Skinner Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up cash 2 Amount of ledger December 2000000 00 assets as per balance of previous year192791926 11 4 Extended at 192791920 11ui ComptrollerGenerals Eeport 549 IIIncome 5 First years premiums on original policies Ordinary without deduction for com mission or other expense less 4001 for first years reinsurance 3950178 67 6 Surrender values applied to pay first years premiums Ordinary 1 771 60 7 Total first years premiums on original policies Ordinary 395953 27 8 Dividends applied to purchase paidup ad ditions and annuities Ordinary 81 742 88 9 Surrender values applied to purchase paid up insurance and annuities Ordinary 346 146 10 10 Consideration for original annuities in volving life contingencies 210 435 69 11 Consideration for supplementary contracts involving life contingencies IX 914 92 12 Total new premiums Ordinary 4fi 13 Renewal premiums Ordinary without deduction for commissions or other ex penses less 14843370 for reinsurance on renewals 1945808 25 14 Dividends applied to pay renewal pre miums Ordinary 351748 2g 16 Surrender values applied to pay renewal premiums Ordinary 5 797 14 17 Renewal premiums for deferred annuities 1957 25 38 Total renewal premiums Ordinary 77TT7T 19817583 92 18a Total premium income OrdinaryJ24419776 78 18b Industrial Premiums a Cash 39664565 29 b Surrender values applied to pur chase paidup insurance and an nuities 765138 80 c Dividends applied to pay renewal premiums 1657112 31 Total 40095416 40 19 Total premium income J 65015193 18 M Consideration for supplementary contracts not involving life contingencies 16348152 S3 Gross interest on mortgage loans less 70 73023 accrued interest on mortgages ac quired during 1910 1959627 84550 CompteollerGexerals Eepoet 24 Gross interest on collateral loans 25 Gross interest on bonds and dividends on stocks less 20611962 accrued inter est on bonds acquired during 1910 20 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust com panies and banks 28 Gross interest on other debts due the com pany viz On purchase price of property sold under contract On amounts expended on home office building addition On revivals and changes in pre miums On agents indebtedness On companys funds deposited by as sistants to superintendents credit 30 Gross rent from companys property in cluding 45836956 for companys occu pancy of its own buildings 230463 89 5001593 90 729606 01 242189 34 1162 50 96969 20 5726 84 5903 63 3 14 779231 59 31 Total gross interest and rents 32 From other sources viz Conscience fund 39 Gross profit on sale or maturity of ledger assets viz Real estate 527918 bonds 2115625 total 9052477 88 47 00 26435 43 41 Total income 74257635 01 IIIDisbursements 1 For death claims less 33684178 reinsur ance 1727639531 additions 215 87847 total17492273 78 2 For matured endowments 47976369 ad ditions 221800 total 481981 69 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 177460 to pay renewal premiums 579714 total 8 Surrender values applied to purchase paidup insurance and annuities 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 17974255 47 98610 71 2094614 31 7571 74 1111284 90 2416135 95 517460 59ComptrollerGenerals Eeport 12 Dividends applied to purchase paidup additions and an nuities 551 81742 88 14 Total paid policyholders t 15 Expense of investigation and settlement of policy claims including 11157289 for legal expense 16 Paid for claims on supplementary contracts not involving life contingencies 18 Paid stockholders for interest or dividends 19 Commissions to agents less commission on reinsurance First years premiums Ordinary 144435029 re newal premiums Ordinary 75647330 annuities or iginal 1072552 renewal 9395 Industrial 8 22123886 total 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 23 Branch office expenses including salaries of managers and clerks 24 Medical examiners fees 87916425 inspection of risks 4807710 total 25 Salaries and all other compensation of officers directors and home office employees 26 Bent including 45836956 for companys occupancy of its own buildings less 95375 received under sublease 27 Advertising 13884720 printing and stationery 414 38053 postage telegraph telephone and express 213 12627 exchange 13992 total 28 Legal expense not included in item 15 29 Furniture fixtures and safes 30 Bepairs and expenses other than taxes on real estate 31 Taxes on real estate 32 State taxes on premiums 33 Insurance department licenses and fees 34 All other licenses fees and taxes viz 35 New Jersey State tax on surplus 183554 88 24301676 55 24827 07 43663 62 200000 00 10432881 92 379493 07 3728411 60 927241 35 2438501 06 868967 60 766493 92 42004 87 56852 21 253730 16 223964 66 869230 94 35248 48 36 Municipal taxes and licenses 37 City and county taxes on premiums 38 Life insurance excise tax Massachusetts 39 Local licenses or privilege taxes 40 United States special excise tax 199368 08 4486 80 14648 17 8678 61 47466 14 Total 41 Other disbursements viz I 42 Sundry general expense 43 Investment expense account 44 Expenses of annual audit by public ac countants 45 Law libraries 46 Premiums on surety bonds 294103 39 194478 44 21085 66 9000 00 845 60 2407 70552 ComptrollerGenerals Report 47 Expenses of examination by New Jersej State Department 48 Compensation and expenses of medical ret GlGGS 49 Sick disabled and inactive agents and clerks 249103 39 Total 51 Gross loss on sale or laturity of ledger assets viz 112910 01 Real estate 277341 bonds 11013600 total 52 Gross decrease by adjustment in book value of ledger assets viz Real estate 53 Total disbursements 46498380 36 IVLedger Assets Mortgage Joans uu ic nQ ZJs secured by pledge of bonds stocks or other collat 1 Book value of real estate 2 Mortgage loans on real estate first hens 3 4 LoIntnade7o poUcyholders on this companys policies assigned as collateral 5 Premium notes on policies in force Hook value of bonds 12394872975 and stocks 296 04450 total 7 Cash in companys office 7a Cash in transit from branch offices 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest 16315917 93 49356100 71 266000 00 12879895 60 1930551 63 126915774 25 12732 35 153495 12 Total 10 Agents balances debit 220579 net 12 Total ledger assets NonLedger Assets 13 Interest due 4203102 and accrued 1 8884734 85 2205 79 220551180 76 1065143 68 40272 83 26852 37 02311266 on mortgages 14 Interest accrued on bonds 15 Interest accrued on collateral loans 16 Interest due 8511203 and accrued 41195 on premium notes policy loans or liens 17 Interest due 189205 and accrued 7500 on other assets viz Interest due on bank balances 1892 05 ComptrollerGenerals Report Interest accrued on purchase price of prop erty sold under contract 175 00 18 Rents due 153549 and accrued 10 67739 on companys property or lease 12212 88 553 19 Total interest and rents due and accrued 22 Due from other companies for losses or claims on policies of this company reinsured 2832082 79 1305 00 New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 24 Gross deferred premiums on policies in force December 31 1910 77106 92 1210861 60 516372 93 3447433 14 25 Totals Ordinary 593479 85 26 Deduct loading Ordi nary 88920 38 4658294 74 835942 36 27 Net amount of uncollect ed and deferred pre miums Ordinary 504559 47 3822352 38 Extended at 4326911 85 27a Net amount of uncollected premiums Industrial Gross 35798526 deduct loading 15502551 202 959 75 28 All other assets viz Stationery and printed matter 10000 Q0 29 Furniture fixtures and safes 50 000 00 30 Law libraries g 99 33 Gross assets 227981379 26 33 Gross assets 227981379 26 Deduct Assets Not Admitted 35 Supplies stationery printed matter 10 00000 furniture fixtures and safes 5000000 total 60000 00 36 Agents debit balances gross 2205 79 Hi Law libraries g 949 jj 42 Bonds and stocks 1196833 25 TotaJ 1265988 15 43 Admitted assets 226715391 11554 ComptbollebGenebal s Report VLiabilities Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com pany on the following tables of mortal ity and rates of interest viz 1 Actuaries table at four per cent on poli cies issued prior to January 1 1901 ex eept as provided for in items 5 and 10 7579 4 00 Same for reversionary additions ai8 76037018 00 Total t American Experience table at three per cent on policies issued after December 31 1900 and prior to August 1 1907 except as provided for in items 4 5 oo and 10 oi a 174 no Same for reversionary additions 4lui uu 76180841 00 Total 3 American Experience table at three and onehalf per cent on Ordinary policies issued after July 31 1097 except as provided for in items 4 and 5 10972804 00 10972804 00 Total 4 Other tables and rates viz New York Standard Industrial table at three and onehalf per cent on indus trial policies issued after December 31 New York Standard Intermediate table at three and onehalf per cent on inter mediate rating and hazardous rating policies issued after July 31 1907 2194496 00 Liability on account of extra premiums for occupation residence etc 4i 10692250 00 Total 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz Actuaries table at four per cent on orig inal annuities issued prior to January 1 1901 and annuities supplemental to insurance issues in same period 234278 00 American Experience at three and one half per cent on original annuities is 268937 00 CoMPTEOLLEEGrENEEAL s EePOHT sued after December 31 1900 and prior to January 1 1907 and annuities sup plemental to insurance issues after July 31 1907 American Experience table at three per cent on insurance element of issues afterDecember 31 1900 and prior to August 1 1907 and annuities supple mental to insurance issues in same period McClintocks tables at three and onehalf per cent on original annuities issued after December 31 1906 555 35594 00 409768 OP Total 948577 00 bpecial reserve to make total reserve equal net reserve according to Massachusetts standard 2 713 811 00 Total 6 Deduct net value of risks of this company reinsured i other solvent companies 177545301 00 635204 00 10 Net reserve Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the assumption of interest rates as follows On participating 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 onehalf per cent on all other policies three per cent 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 785720 66 13 Claims for death losses which have been reported and no proofs received 374192 92 14 Claims for matured endowments due and unpaid 5 Claims for death losses and other policy claims resisted by the company 76910097 00 35446 35 583673 99 485678 00 74334 20 1269694 13 2570 00 17 Total policy claims 18 Due and unpaid on supplementary contracts not involv ing life contingencies 20 Premiums paid in advance including surrender values sc applied 692394 1 21 Unearned interest and rent paid in advance 382277 35556 ComptrollerGenerals Eeport 22 Commissions due to agents on premium notes when paid 707 87 23 Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts due or flccruGu 26 Medical Examiners fees 13958610 inspection of risks 326170 and legal fees 1109468 due or accrued 153942 4 27 State county and municipal taxes due or accrued 197310J w 30 Unpaid dividends to stockholders 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de 174oO ol f erred premiums 32 Dividends declared or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or ol62 it otherwise 33 Dividends declared or apportioned to deferred dividend policies payable to policyholders during 1911 327od9 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies 2344144115 35 Reserve special or surplus funds not included above viz Special reserve set aside prior to 1899 to prepare for a more stringent basis of reserve on industrial policies 1000000 uu 40 Net amount due other companies for premiums on policies of this company reinsured 41 Cost of voluntary dividend making Industrial policies paidup for policyholders attaining age 75 in 1911 343 400 42 Surrender values due and unpaid 44 Capital stock 45 Unassigned funds surplus 16640773 or 46 Total22671539111 VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 1738697 25 2 Received during the year on old policies 1422024 23 3 Restored by revival of policies 64975 52 Total 3225697 00 Deductions during the year as follows 4 Used in payment of losses and claims 20218 72 5 Used in purchase of surrendered policies 301779 81 ComptrollerGenerals Report 557 7 Used in payment of dividends to policy holders 3391 97 8 Redeemed by maker in cash 969754 87 9 Total reduction of premium note account 1295145 37 10 Balance of note assets at end of year 1930551 63 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 5739 11711808 00 Policies on the lives of citizens of said State issued during the year 620 1355362 00 Total 6359 13067170 00 Deduct ceased to be in force during the year 393 906131 00 Policies in force December 31 5966 12161039 00 No Amount Losses and claims unpaid December 31 of pre vious year 6 10000 00 Losses and elaims incurred during year 47 125 733 39 Total 53 135733 39 Losses and claims settled during the year in cash Ordinary 45 116733 39 Losses and claims unpaid December 31 8 19000 00 Premiums collected or secured in cash and notes or credits without any deductions for losses dividends commissions or other expenses Or dinary 37540541 PENN MUTUAL LIFE INSUEANCE COMPANY OF PENNSYLVANIA John K Johnson President John Humphreys Secretary Home Office 921 923 and 925 Chestnut St Philadelphia Pa ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year105653311 90 4 Extended at 105653311 90558 CompteolleeGenebals Eepoet IIIncome During 1910 5 First years premiums on original policies without deduction for commissions or other expenses 2328163 65 6 Surrender values applied to pay first years premiums 16400 7 Total first years premiums on original policies 2344564 42 8 Dividends applied to purchase paidup addi tions and annuities 158382 32 9 Surrender values applied to purchase paidup insurance and annuities 240608 54 10 Consideration for original annuities involv ing life contingencies 413427 99 11 Consideration for supplementary contracts involving life contingencies 5368 94 12 Total new premiums 31623o2 21 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 9306557 for reinsurance on renewals 13866164 32 14 Dividends applied to pay renewal premiums 1481881 79 16 Surrender value applied to pay renewal pre miums 796492 17 Renewal premiums for deferred annuities 11532 66 18 Total renewal premiums 15367543 69 19 Total premium income 18529895 90 20 Consideration for supplementary contracts not involv ing life contingencies 335436 29 21 Dividends left with the company to accumulate at interest 8039 14 23 Gross interest on mortgage loans less 39 78792 accrued interest on mortgages ac quired during 1910 2391394 22 24 Gross interest on collateral loans 125597 20 25 Gross interest on bonds and dividends on stocks less 2798172 accrued interest on bonds acquired during 1910 1834932 22 26 Gross interest on premium notes policy loans or liens 915422 64 27 Gross interest on deposits in trust companies and banks 33449 27 29 Gross interest on bills receivable for premi ums etc 12743 13 31 Gross discount on claims paid in advance endowments paid within one year of ma turity 2000 55 ComptrollerGenerals Report 559 32 Gross rent from companys property includ ing 5200000 for companys occupancy of its own buildings 154266 33 33 Total gross interest and rents 34 Prom other sources viz 35 Profit on collateral stock loan 16 000 00 36 Bonuses to agents 5 750 qo Total 41 Gross profit on sale or maturity of ledger assets viz Bonds 43 Total income 5469805 56 21750 00 66330 61 24431257 50 10 12 13 14 15 16 17 19 20 21 IIIDisbursements For death claims less 5000000 reinsur ance 543282094 additions 36 54500 total 5469365 94 Por matured endowments 168435988 additions 6505700 total 1749416 88 Net amount paid for losses and matured endowments For annuities involving life contingencies Premium notes and liens voided by lapse less 829201 restorations Surrender values paid in cash or applied in liquidation of loans or notes Surrender values applied to pay new premiums 1640077 to pay renewal premiums 796492 total Surrender values applied to purchase paidup insurance and annuities Dividends paid to policyholders in cash or applied in liqui dation of loans or notes Dividends applied to pay renewal premiums Dividends applied to purchase paidup insurance and an nuities Dividends left with the company to accumulate at interest Total paid policyholders 1195216265 Expense of investigation and settlement of policy claims including 194130 for legal expenses Paid for claims on supplementary contracts not involving life contingencies Dividends and interest thereon held on deposit surrendered during the year 4751 included in item No 9 Commissions to agents less commission on reinsurance First years premiums 102270020 renewal premiums 96340040 annuities original 2020152 renewal 68266 total Commuted renewal commissions Compensation of managers and agents not paid by com mission for services in obtaining new insurance 7218782 82 323902 09 101305 20 1963213 76 24365 69 240608 54 431681 30 1481881 79 158382 32 8039 14 2539 55 213275 86 2006984 83 10197 40 866 64560 ComptbollebGenebals Bepoev 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 18049 20 23 Branch office expenses including salaries of managers and clerks not included in item 21 113993 92 24 Medical examiners fees 11695606 inspection of risks 1687271 total 133328 77 25 Salaries and all other compensation of officers directors trustees anu home office employees 401917 11 26 Rent including 5200000 for companys occupancy of its own buildings 131713 01 27 Advertising 2349149 printing and stationery 48 24684 postage telegraph telephone and express 54 35158 exchange 23334 total 126323 25 28 Legal expense not included in item 15 16476 24 29 Furniture fixtures and safes 12843 69 30 Eepairs and expenses other than taxes on real estate 47283 62 31 Taxes on real estate 26478 25 32 State taxes on premiums 258326 93 33 Insurance department licenses and fees 22557 45 34 All other licenses fees and taxes viz Municipal and state licenses etc 1497369 compulsory advertising affi davits etc 114692 taxes on investments 244 58617 total 260706 78 38 Other disbursements viz Investment inspections traveling and other expenses incident thereto 1769386 special mortality investigations 1266600 trustees fees 7 20000 home office expenses supplies janitors services etc 4186497 election expenses 117557 damages on account of Cincinnati Ohio property etc 332866 total 83929 06 45 Agents balances charged off 819 37 46 Gross loss on sale or maturity of ledger assets viz Eeal estate 513816 bonds 2693734 total 32075 50 47 Gross decrease by adjustment in book value of ledger as sets viz Eeal estate 11516471 bonds 19013810 total 305302 81 48 Total disbursements 16178651 89 IVLedger Assets 1 Book value of real estate 1929455 32 2 Mortgage loans on real estate first liens 47061800 33 3 Loans secured by pledge of bonds stocks or other collateral 2014700 00 4 Loans made to policyholders on this companys policies as signed as collateral 15711980 00 5 Premium notes on policies in force of which 2730874 is for first year a premiums 2743897 34 6 Book value of bonds 4107963325 and stocks 346 52512 total 41426158 37ComptrollerGenerals Report 561 7 Cash in companys office t 9 Deposits in trust companies and banks on interest 4931 91 2602462 90 Total 10 Bills receivable 28284402 agents balances debit23 26 07 credit 41653 net 2285054 total 305694 56 104836 78 2607394 81 agents balances debit 23 t 2285054 tntol 11 Bills receivable for premiums 12 Total ledger assets as per balance113 90g NonLedger Assets 917 51 13 Interest due 149838 and accrued 747 56834 on mortgages t 14 Interest accrued on bonds 15 1 nterest accrued on collateral loans 16 Interest due on premium notes policy loans or liens 17 Interest due 24784 and accrued 396573 on other assets viz Bank balances 78609 bills receivable 228470 bills receivable for premiums 114278 total 20 Bents due 87869 and accrued 491171 on companys property or lease 749066 72 600288 77 24681 51 13192 56 4213 57 5790 40 21 Total interest and rents due and accrued 1397233 53 New Business 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums Renewals 1302797 00 97086 62 1119154 53 II IV V V 97086 62 2421951 ss 28 Deduct loading 21844 49 5Ug w 29 Net amount of uncollected and deferred premiums 75242 13 1877012 43 Total 1952254 56562 ComptrollerGenerals Eeport 30 All other assets viz 31 Checks for annuities issued in advance but not delivered 32 Secured profits on real estate under contracts of sale 8613 96 2950 00 35 Gross assets Deduct Assets Not Admitted 117266969 56 38 Agents debit balances gross 39 Cash advanced to or in the hands of officers or agents all to agents 40 Bills receivable for premiums 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their premiums 42 Book value of ledger assets over market value viz Bonds 23267 07 282844 02 104836 78 16990 16 36010 04 44 Total 463948 07 45 Admitted assets 116803021 49 VLiabiliites Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the Penn sylvania Insurance Department on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all life business issued prior to January 1 1901 48643470 00 Total48643470 00 2 American Experience table at 3 per cent on all life business issued since January 1 1901 and prior to May 1 1902 10601018 00 Total 10601018 00 3 American Experience table at 3 per cent on all life business issued since May 1 1902 30174005 00 Same for reversionary additions 1242569 00 Total 31416574 00 5 Net present value of annuities including those in reduction of premiums viz American 3 table 236165 00ComptrollerGenerals Report 563 American 3 table 67 992 00 McClintock s 3 table 3234864 00 Total Total 3538931 00 6 Deduct net value of risks of this company reinsured in other solvent companies 8 Net reserve 9 Present value of amounts not yet due on supplementary con tracts not involving life contingencies computed by the companys actuary 12 Claims for death losses in process of adjust ment or adjusted and not due 414 870 81 15 Claims for death losses and other policy claims resisted by the company 2000 00 17 Total policy claims 19 Dividends left with the company to accumulate at interest and accrued interest thereon 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 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 deferred pre miums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 35 Reserve special or surplus funds not included above viz 36 Trust deposits 37 Special 3 and 3 reserve 38 Matured endowments left with the company at interest 39 Matured credits awaiting proof 45 Unassigned funds surplus 94199993 00 158090 00 94041903 00 2104358 00 416870 81 76709 11 61339 02 439469 78 43824 02 3357 17 14000 00 605632 16 292214 14 2875000 00 408932 30 7750157 89 7100 00 2993543 00 28146 95 29083 00 4611381 13 46 Total 116803021 49564 ComptrollebGenebals Beport Business in Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in 5770399 00 force December 31 of previous year13550 25770 17 Policies on the lives of citizens of said State is sued during the year 14936 28463861 00 18 Total nR 9 4ro jQi 00 19 Deduct ceased to be in force during the year061 2458681 UU v oi 13 875 26005180 00 20 Policies in force December 31100 No Amount 21 Losses and claims unpaid December 31 of pre vious year W999 98 22 Losses and claims incurred during year156 ooyv 171 383288 64 23 Total Kfi nei 000 ca 24 Losses and claims settled during the year56 M 25 Losses and claims unpaid December 31 15 26 Premiums collected and secured in cash and notes or credits without deduction for losses dividends commissions or other expenses PHOENIX MUTUAL LIFE INSUBANCE COMPANY OF HAETFOED CONNECTICUT John M Holcombe President Silas E Cornwell Secretary Home Office 49 Pearl Street Hartford Conn ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 27227724 00 27227724 00 4 Extended at IIIncome During 1910 5 First years premiums on original policies without deduction for commissions or other expenses 528420 18 6 Surrender values applied to pay first years 8802 04 premiums 7 Total first years premiums on original 537222 22 policies v ComptrollerGenerals Eeport 565 8 Dividends applied to purchase paidup addi tions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 10 Consideration for original annuities involv ing life contingencies 11 Consideration for supplementary contracts involving life contingencies 137514 00 92100 07 6990 00 74985 00 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 4615558 for reinsurance on renewals 3508249 95 14 Dividends applied to pay renewal premiums 390753 16 15 Dividends applied to shorten the endowment or premium paying period 1363 00 16 Surrender values applied to pay renewal premiums 15020 93 848811 29 18 Total renewal premiums 3 gjg gg qa 9534 75 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies 21 Dividends left with the company to accumulate at interest 23 Gross interest on mortgage loans less 6 24056 accrued interest on mortgages ac quired during 1910 25 Gross interest on bonds and dividends on stocks less 359245 accrued interest on bonds acquired during 1910 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust companies and banks 28 Gross interest on other debts due the com pany viz Sums received from sundry agents 31 Gross discount on claims paid in advance 32 Gross rent from companys property includ ing 1000000 for companys occupancy of its own buildinngs 39 704 49 4764198 33 13574 20 67446 74 314095 11 184955 73 13435 59 480 16 336 57 33 Total gross interest and rents 34 From other sources viz Guarantee of mortgage loans 40 From agents balances previously charged off 41Gross profit on sale or maturity of ledger assets viz Bonds 24766 Stocks 221000 total 1442542 40 219 42 3046 27 2457 66566 OomptkollekGenekals Report 42 Gross increase by adjustment in book value of ledger as sets viz Bonds 2481 00 43 Total income 6295966 02 IIIDisbursements 1 For death claims less 5115000 reinsur ance 145064259 additions 20 67890 total 2 For matured endowments 26963955 ad ditions 1183332 total 1471321 49 281472 87 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 880204 to pay renewal premiums 1502093 total 8 Surrender values applied to purchase paidup insurance and annuities 9 Dividends paid to polieyholders in cash or applied in liqui dation of loans or notes 10 Dividends applied to pay renewal premiums 11 Dividends applied to shorten the endowment or premium paying period 12 Dividends applied to purchase paidup additions and an nuities 13 Dividends left with the company to accumulate at interest 14 Total paid polieyholders2991843 83 15 Expense of investigation and settlement of policy claims including 39254 for legal expenses 16 Paid for claims on supplementary contracts not involving life contingencies 17 Dividends and interest thereon held on deposit surrendered during the year 19 Commissions to agents less commission on reinsurance First years premiums 24659661 renewal premiums 22482806 annuities original 34950 total 20 Commuted renewal commissions 22 Agency supervision and traveling expenses of supervisors including compensation for home office supervision 23 Branch office expenses including salaries of managers and clerks not included in item 21 24 Medical examiners fees 3994825 inspection of risks 540192 total 25 Salaries and all other compensation of officers directors trustees and home office employees 26 Rent including 1000000 for companys occupancy of its own buildings 1752794 36 17572 15 92 92 512892 28 23822 97 92100 07 16217 34 390753 16 1363 00 137514 00 40721 58 955 24 3668 57 13047 28 471774 17 5347 00 19326 62 134913 67 45350 17 160655 24 12858 33ComptrollerGenerals Beport 567 27 Advertising 527856 printing and stationery 3002578 postage telegraph telephone and express 1245392 ex change 1648 total 47 774 74 28 Legal expense not included in item 15 3 375 00 29 Furniture fixtures and safes 11 144 qo 30 Repairs and expenses other than taxes on real estate 23010 53 31 Taxes on real estate 4 015 44 32 State taxes on premiums 54 990 50 33 Insurance department licenses and fees 6 085 69 34 All other licenses fees and taxes viz Tax franchise 67 79869 Federal 210652 reserve 283052 municipal license fees and taxes 211698 publishing 78126 bonds State treasurers and attorneys fees 19170 total 75825 67 38 Other disbursements viz Home office traveling expenses 338253 miscellaneous expenses 970259 mortgage loan expenses 314399 commissions paid on loans 14 75021 transferred from matured pure endowment divi dend addition reserve 2072516 investment expenses 3400 total 55104 48 45 Agents balances charged off 8 436 36 46 Gross loss on sale or maturity of ledger assets viz Real estate 861500 Bonds 882775 total 17442 75 47 Gross decrease by adjustment in book value of ledger as sets viz 3021354 bonds 713305 total 37346 59 48 Total disbursements 4 204 292 77 IVLedger Assets 1 Book value of real estate 730 852 00 2 Mortgage loans on real estate first liens 17 624 998 28 4 Loans made to policyholders on this companys policies as signed as collateral 3660098 22 5 Premium notes on policies in force 105 812 42 6 Book value of bonds 621057575 and stocks 36971500 total 6580290 75 7 Cash in companys office 480 41 9 Deposits in trust companies and banks on interest 609092 50 Total 609572 91 10 Agents balances debit 7 772 67 12 Total ledger assets as per balance 29 319 397 25 NonLedger Assets 13 Interest due 1007870 and accrued 350 74981 on mortgages 360828 51568 ComptrollerGenerals Repoet 52434 47 14 Interest due 450000 and accrued 47 93447 on bonds 16 Interest due and accrued 238542 on pre mium notes policy loans or liens 17 Interest due on premiums 13956 83 35 29 21 Total interest and rents due and accrued 23 Market value of bonds and stocks over book value New Business Renewals 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance premi ums 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 427255 10 20884 85 7539 95 202341 77 28145 72 225178 03 27 Totals 28 Deduct loading 35685 67 427519 80 608 90 96524 77 29 Net amount of uncollected and deferred premiums 27076 77 330995 03 358071 80 35 Gross assets 30125609 00 Deduct Assets Not Admitted 38 Agents debit balances gross 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net ahie of their policies 7772 67 390 93 44 Total 8363 60 45 Admitted assets 30117245 40 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com pany on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on policies fssued prior to January 1 1901 16567229 00 Same for reversionary additions 572319 00 Tota 17139548 00ComptrollerGenerals Report 569 2 American Experience table at 3 per cent on nonparticipating policies issued for years 19011906 inclusive 899496 00 Total 899496 00 3 American Experience table at 3 per cent on participating policies issued after Janu ary 1 1901 and all 190719081909 and 1910 issue and extended insurance 9239865 00 Same for reversionary additions 281 927 00 Total 9521792 00 4 Other tables and rates viz Extra reserve on policies where dividends have been applied to shorten the endow ment or premium paying period valued by American Experience at 3 19377 00 Total 19377 00 o Net present value of annuities including those in reduction of premiums viz McClintoek s table 3 130645 00 Continuous Income and Special Annuities American 3 93484 00 Present value of amounts used in reduction of premiums American 3 24 556 00 TotaI 248685 00 Total 27828898 00 6 Deduct net value of risks of this company reinsured in other solvent companies 125 114 00 8 Net reserve 27703784 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company at 3 interest 34689 00 10 Liability on policies cancelled and not included in net re serve upon which a surrender value may be demanded 14397 90 12 Claims for death losses in process of adjust ment or adjusted and not due 18919 06 13 Claims for death losses which have been re ported and no proofs received 43501 85 17 Total policy claims 62 420 91 19 Dividends left with the company to accumulate at interest and accrued interest thereon 124 242 45 20 Premiums paid in advance including surrender values so applied 24620 37 21 Unearned interest and rent paid in advance 95798 73 23 Commissions to agents due or accrued 7901 13 570 ComptrollerGenerals Beport 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees due or accrued 27 State county and municipal taxes due or accrued 81 Dividends or other profits due polieyholders including those contingent on payment of outstanding and deferred pre miums 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to polieyholders during 1911 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 35 Eeserve special or surplus funds not included above viz 36 Contingent deferred term dividends 17403 20 37 Eeserve for special paidup option 5000 00 4288 34 3965 00 51007 45 41205 78 670624 72 34849 74 87262 53 38 Total 22403 20 45 Unassigned funds surplus 1133784 15 46 Total 30117245 40 Business in the State of Georgia During 1910 No Amount 16 Policies on the lives of citizens of said State in force December 31 of previous year 837 2077228 00 17 Policies on the lives of citizens of said State is sued during the year 35 81173 00 18 Total 872 2158401 00 19 Deduct ceased to be in force during the year 43 157587 00 20 Policies in force December 31 829 2000814 00 No 22 Losses and claims incurred during year 23 Total Amount 13264 40 13264 40 24 Losses and claims settled during the year in cash 9 13264 40 26 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 60584 02ComptrollerGenerals Report 571 PITTSBUEG LIFE TRUST COMPANY OF PENNSYLVANIA Wm C Baldwin President James H Mahon Secretary Principal Office Sixth Street and Liberty Ave Pittsburg Pa ICapital Stock 1 Amount of capital stock paid up in cash 1000000 00 Amount of net or ledger assets December 31 of previous year 22765817 06 Extended at 22765817 06 IIIncome During 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 209029 00 1 Cash received for renewal premiums without deductions for commissions or other expenses 2363 472 03 3 From dividends applied to pay running pre miums 3 From dividends applied to purchase paid up 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 other than ma tured installment policies 9610 85 37911 53 26904 31 54959 77 375 51 Total 2702263 00 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 33554 re newals 704982 total 7385 36 7 Total premium income 2 694 877 64 8 Cash received for interest on mortgage loans 18869116 collateral loans 65054 total 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens Banks 654072 15671 669743 supplementary con tracts 1839500 total 12 Dividends left with the company 13 Cash received for rents for use of companys property in cluding 1853196 for companys own occupancy 593357 09 189341 70 221659 78 197349 92 25092 43 5382 97572 ComptrollerGenerals Beport 14 Cash received for profits on sales of bonds or stocks 16 Accrual of discount bonds Health and accident receipts 593741 surrender values due and unpaid 33694 total 18 Profit and Loss 5156510 agents balances 958181 19 From all other sources viz Suspense account 1824 55 17848 92 6274 35 61146 91 299 87 Total income 4014456 13 III Disbursements for the Year 1910 1 Cash paid for death claims including re visionary additions 1398823 31 3 Cash paid for matured endowments and ad ditions thereto 559446 90 5 Paid for claims on supplementary contracts not involving life contingencies 8869 40 Total 1967139 61 Total net amount actually paid for losses and matured en dowments 1967139 61 8 Cash paid to annuitants 28346 10 Health and accident disbursements 2832 96 9 Dividends left with the company 5382 97 10 Cash dividends paid policyholders 120101 18 11 Cash dividends applied to pay running premiums 9610 85 12 Cash dividends applied to purchase paidup additions and annuities 37911 53 13 Surrender values paid in cash 658609 28 14 Surrender values applied to pay running premiums 26904 31 15 Surrender values applied to purchase paidup insurance and annuities 54959 77 Total paid policyholders 291179856 Cash paid stockholders for interest on dividends 80000 00 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 4049628 re newals 8001083 total 120507 11 Cash paid for salaries and allowances to managers and agents 522763 agency supervision and traveling ex penses 4406486 total 49292 49 19 Cash paid for medical examiners fees 734722 inspec tion of risks 89755 total 8244 77 20 Cash paid for salaries and all other compensation of officers and home office employees 93568 55 21 Cash paid for taxes on new premiums 22776 85 22 Cash paid for taxes on capital stock 472459 on real estate 12017031 total 124894 90 23 Cash paid for insurance department fees and agents li censes 436118 Federal corporation tax 437606 8737 24 16 17 18ComptrollerGenerals Eeport 573 24 Cash paid for rent including 1853196 companys occu pancy 24415 32 25 Decrease value in bonds 6895 29 26 Cash paid for furniture fixtures and safes for home and agency offices 77240 agents balances charged off 12171 total 894 11 27 Cash paid for advertising 1080670 printing 1293187 postage telegraph etc 1335156 total 37090 13 28 Cash paid for real estate expenses other than taxes 141 70974 for legal expenses 3592835 total 117638 09 29 Cash paid for the following items viz Interest paid on mortgage 55875 00 General expense 268972 investment expenses 349902 suspense account 1909 paid in 1910 109656 branch expense 1044081 expenses settlement of claims 14365 dividends held on deposit surrendered 182634 total 19696 10 Total miscellaneous expenses 83052595 30 Total disbursements 3742324 51 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 9706786 80 2 Loans on mortgage first liens on real estate 4098131 40 3 Loans secured by pledge of bonds stocks or other market able collaterals 11500 00 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 3716179 56 5 Premium notes loans or liens on policies in force 90344 69 6 Cost value of stocks and bonds owned excluding accrued interest at time of purchase 5094517 08 7 Cash in company S office 1138 13 8 Cash deposited in banks 286417 46 9 Bills receivable 642 63 10 Agents ledger balances 1703 93 Washington life insurance stock 2488700 contingent reversion 570000 total 30587 00 11 Total net or ledger assets as per balance above 23037948 68 12 Deduct depreciation from cost of assets to bring same to market value 81906 08 13 Total net or ledger assets less depreciation 22956042 60 Other Assets 14 Interest due 3228408 and accrued 45 11855 on mortgages 77402 63 15 Interest accrued on bonds and stocks 60674 04574 ComptbollebGtenebals BePOBT 16 Interest due on collateral loans 87 00 17 Interest due 2285381 and accrued 22 60507 on premium notes loans or liens 45458 88 19 Rents due 1683950 and accrued 13 43123 on companys property or lease 30270 73 Total carried out 20 Market value of real estate over cost New Business Renewals 23 Gross premiums due and un reported on policies in force Dec 31 1910 3340 11 107959 26 24 Gross deferred premiums on policies in force Decem ber 31 1910 10887 95 202471 56 213893 28 448108 06 Totals 14228 06 25 Deduct loading 7256 31 310430 82 64283 83 26 Net amount of uncollected and deferred premiums 6971 75 246146 99 Extended 253118 74 28 Total assets 23871162 68 Items Not Admitted 3 Washington Life Insurance Co stock 5 Agents balances 7 Bills receivable 8 Premium liens excess net value 24887 00 1703 93 642 63 4069 15 Total 31302 71 9 Total assets less items not admitted 23839859 97 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed by the Pennsyl vania Insurance Department 21196089 00 Deduct net value of risks of this company reinsured in other solvent companies 10629 00 Net reinsurance reserve 21185460 00 3 Claims for death losses due and unpaid 34921 18 4 Claims for matured endowments due and unpaid 24999 76ComptrollerGeneral s Report 575 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 98170 14 6 Claims for death losses and other policy claims resisted by the company 1000 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 11 Unearned interest and rent paid in advance 12 Amount of national state or other taxes due 3472586 medical examiners and legal fees 266450 total 13 Amount due on account of salaries rents and office ex penses 392920 liability on cancelled policies 2 48400 total 14 Reserve health and accident policies 15 Supplementary contracts 16 Amount of any other liability of the company viz Pre miums paid in advance 2292821 extra reserve 7 64500 commissions to agents 1196667 extra reserve surrender value excess net value 1175000 accident claim pending adjustment 1000000 interest on mort gage loan 625000 deposit on lease 750000 suspense account 29987 surrender values due and unpaid 54887 total 159091 08 42987 77 82829 89 37390 36 6413 20 2685 00 75086 00 78 888 62 17 Liabilities on policyholders account 21670 831 92 18 Gross surplus on policyholders account 2169 028 05 19 Total liabilities 23839859 97 20 Estimated surplus accrued on Tontine and other policies the profits upon which are especially reserved for that class of policies 28695 77 Business in the State of Georgia During 1910 No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 604 910917 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 103 441 498 00 Total 707 1352415 00 Deduct number and amount which have ceased to be in force during the year 71 156331 00 Total number and amount of policies in force in Georgia December 31 1910 636 1196084 00576 ComptrollerGenerals Report No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 5 2525 00 Amount of losses and claims on policies in Georgia incurred during the year 23 31342 00 Total 28 33867 00 Amount of losses and claims on policies in Georgia paid during the year 24 32905 00 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses 30931 71 RELIANCE LIFE INSURANCE COMPANY OF PENNSYLVANIA J II Reed President H G Scott Secretary Principal Office Fifth Ave and Wood St Pittsburgh Pa ICapital Stock 1 Amount of capital stock paid up in cash 1000000 00 Amount of net or ledger assets December 31 of previous year 2816789 14 2816789 74 Extended at IIIncome During 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 330295 97 1 Cash received for renewal premiums without deductions for commissions or other expenses 386164 19 2 Premium notes loans or liens taken in part payment for renewal premiums 112796 84 3 From dividends applied to pay running pre 2254 66 miums cpo oo 31 From dividends applied to purchase paid additions and annuities 6387 31 5 Consideration for annuities othen than ma tured installment policies 2288 18 Total S401 15 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 773605 re newals 809495 total 15831 00 7 Total premium income 824356 15ComptrollerGexebals Eepoet 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stocks 10 Cash received for interest on premium notes loans orliens 11 Cash received for interest on other debts due the company 14 Cash received for profits on sales of bonds or stocks 16 From dividends left with the company to accumulate at in terest Total income IIIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions W70 9Q Total 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 164770 90 19593 00 7 Total net amount actually paid for losses and matured en dowments 8 Cash paid to annuitants 9 Premium notes loans or liens voided by lapse 9 Dividends left with the company to accumulate at interest u Uash djvidends paid polieyholders 11 Cash dividends applied to pay running premiums 1 Cash divulends applied to purchase paidup additions and annuities 13 Surrender values paid in cash 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 184 873 51 re newals 2214968 total 18 Cash paid for salaries and allowances to managersand agents 19 Cash paid for medical examiners fees 3511946 inspec tion of risks 670561 total 20 Cash paid for salaries and all other compensation of officers and home office employees 21 Cash paid for taxes on premiums Cash paid for agency supervision and branch office super vision 23 Cash paid for insurance department fees and agents li censes 24 Cash paid for rent 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 294999 printing 3107464 postage telegraph telephone and express 1082207 577 48068 00 70098 58 14136 77 6703 02 1 25 189 84 963553 61 145177 90 500 00 45186 64 189 84 4753 85 2254 66 6387 31 41280 99 207023 19 18649 46 41825 07 54013 81 13246 80 126877 67 7029 78 17062 50 15828 84 44846 70578 ComptrollerGenerals Report 28 Cask paid for publications and taxes other than on premi ums 135330 for legal expenses 531922 total 29 Cash paid for the following items viz Cost department bonds 28153 Premium trust fund 1784 library 172 32 fire insurance 2500 general expenses 87070 photographic 64953 agentsbalances charged off 1289250 loss on matured bonds 88975 total Total miscellaneous expenses 2259911 6672 52 22599 17 30 Total disbursements IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 4 Loans made in cash to policyholders on this company s poli cies assigned as collateral 5 Premium notes loans or liens on policies in force of which 112 796 84 was received during the year 6 Cost value of bonds and stocks owned excluding accrued in terest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances 821406 70 894800 00 145470 13 137947 66 1484447 43 11044 11 318 84 13 Total net or ledger assets Other Assets 14 Interest due 12000 and accrued 12 42409 on mortgages 15 Interest accrued on bonds and stocks 17 Interest accrued on premiums notes loans or liens 18 Interest accrued on bank balances 17496 79 120411 69 2958930 65 12544 09 14595 92 4521 58 156 69 Total carried out 31818 28 New Business 23 Gross premiums due and un reported on policies in force Dec 31 1910 568 45 24 Gross deferred premiums on policies in force Decem ber 31 1910 24326 03 Renewals 61416 01 39727 77 Tot 29894 48 101143 78 25 Deducting loading 20 5978 88 20228 75ComptrollerGenerals Eeport 579 26 Net amount of uneolleeted and deferred premiums 23915 60 80915 03 Extended 27 Furniture fixtures and safes 104830 63 37541 89 28 Total assets as per boos of the company33 Items Not Admitted 2 Furniture fixtures and safes Kn 5 Agents balances 3 41 89 7 Bills receivable 12041169 17496 79 Total 175450 37 9 Total assets less items not admitted 7 2957677 08 VLiabilities Net present value of annuities fir na 1 Net present value of all the outstanding polices in force on the 31st day of De eember 1910 computed according to the American Experience table of mortality Stopinterestonpoiieiesissed With 8 per cent interest on policies issued subsequent to 41909 206896 00 Total deduct net value of rislis of this company ensured in other solvent companies7 7m QQ Net reinsurance reserve 5 Claims for death losses and matured endowi M672M 00 ments m process of adjustment or ad justed and not due 3000 00 Total policy claims 11 Amount of commissions due agents on premium noies when 13 Amount t of 14 Amount accrued interest on policy loans 516 48 16 Amount of any other liability of the company Pre 26 83 miums paid in advance Cam5toi 1000ooao0 ed 79 xm 33 1479088 75 19 Total liabilities 2957677 08580 ComptrolleeGenebals Repobt Business in the State of Georgia During 1910 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 982 1556071 00 198 379700 00 Total 1180 1935771 00 Deduct number and amount which have ceased to be in force during the year 190 318276 00 Total number and amount of policies in force in Georgia December 31 191U Amount Amount of losses and claims on policies m Georgia unpaid December 31 of previous year Amount of losses and claims on policies in Georgia incurred during the year No 12 5000 00 20500 00 Total 14 25500 00 BESEEVE LOAN LIFE INSURANCE COMPANY OF INDIANA KLbEKVi lAmiN u K B Secretary Chalmers Brown President Principal Office 900 Odd Fellow Bldg Indianapolis tad Wm A Wright Atlanta Attorney for Service in Georgia I Capital Stock 1 Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets December 31 of previous year Extended at 2076128 22 2076128 22 IIIncome During 1910 1 Cash received for premiums on new poli cies without deduction 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 renewal premium 3 From dividends applied to pay running premiums 177785 52 363718 57 29772 07 360 19ComptbolleeGenebals Eepobt 3 From dividends applied to purchase paid up 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 3 14 1262 59 971550 Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 582617 58 85 50 7 Total premium income 8 Cash received for interest on mortgage loans 9 CastocTeiVed fr inteieSt n bndS Wned and bendso 10 Cash received for interest on premnnotes loans orliens 11 Cash received for interest on other debts due the company 19 TUS l0aiS r lieM restor by revival of polici 19 iiom all other sources viz Partial payments on mrums 2980 survivorship dividend 20000 total Total income 111Disbursements for the Year 1910 1 Cash paid for death claims including re versionary additions 2 Premium notes loans or liens payment of the same pre used 81994 15 9684 48 7 Total net amount actually paid for losses and matured endowments ql fi7s 9 Premium notes loans or liens used in purchase total P 8978441 ided laP 272068 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 10 Surrender values applied to purchase paidup annuities insurance and Total paid policyholders 17 Cash paid for commissions and bonusesto agents lesscom mission on reinsurance new policies 150087 00 re newals 3663295 total 18 fgentf SaarieS allowane manage and 581 582532 08 52577 74 535 47 49572 06 2127 43 1222 05 229 80 688796 63 92505 09 55 19 360 19 3 14 7514 56 1262 59 9715 50 203094 89 186719 95 22083 84582 ComptrollerGenerals Eepori 19 Cash paid for medical examiners fees 1888900 inspec tion of risks 302625 total iJi0 ZD 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 316965 on re newals 116876 total g g9 22 Cash paid for faxes on investments 23Cash paid for insurance department fees and agents licenses 318886 municipal licenses 5125 total 24 Cash paid for rent including companys occupancy bLU w 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 232725 printing 727752 total 353 00 28 Cash paid for legal expenses 29 Cash paid for the following items viz Postage telephone telegraph and express 282411 investment expenses 46490 miscellaneous expenses 135361 interest on guaranteed coupons surrendered 16 cents total M 522069 83 30 Total disbursements IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 1161902 96 4 Loans made in cash to policyholders on this companys poll cies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding interest at 1445 00 time of purchase ogg4 lg 7 Cash in companys office 6 169 23 8 Cash deposited in banks 10 Agents ledger balances net 11 Total net or ledger assets as per balance above 2242855 02 13 Total net or ledger assets less depreciation a Other Assets 14 Interest due 12360 and accrued 16 72113 on mortgages 16844 73 15 Interest due and accrued on bonds and 245 75 stocks 17 Interest due on premiums notes loans or lns fi 94 18 Interest accrued on other assets 20328 52 Total carried out ComptrollerGenerals Eepor New Business T Benewals 583 23 Gross premiums due and tin reported on policies in 24 r for Member 31 1910 48223 94 22458 40 24 Gross deferred premiums on policies in force Decem ber 31 1910 14891 91 Totals 48223 94 37350 3 25 Deducing loading 35434 00 f16 87 26 Net amount f amount of uncollected and deferred premiums 12 789 94 Extended 27 Furniture fixtures and safes 29533 44 28 Total assets as per the books of the company T Items Not Admitted 2 Furniture fixtures and safes 5 Agents balances 7 Book value of bonds over market value 8 Premium notes and net premiums in excess of reserves 42323 38 8000 00 2313506 92 8000 00 3974 67 575 00 8394 46 Total 9 Total assets less items not admitted VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1910 computed according to The Actuaries Table of Mortality with four per cent Interest and American 3 20944 13 2292562 79 1987376 27 insured in other solvent companies 87 1 Deduct net value of risks of this company Net reinsurance reserve 5 Claims for death losses and matureden dowments in process of adjustment or adjusted and not due 9 Amount of trust funds held by the com pany 1987289 17 3000 00 14646 04 Total policy claims 10 Amount of all unpaid dividends of surplus orother descrip tion of profits due policyholders 12 Amount of national State or other taxes due 15646 04 3614 39 4888 27584 ComptrollerGenerals Eeport 13 Amount due on account of salaries rents and office ex 2770 12 penses Pre 26179 18 16 Amount of any other liability of the company viz miums paid in advance 218233 unearned interest paid in advance 17 Liabilities on policyholder s account 2175 62 18 Gross surplus on policyholders accountj 2292562 79 19 Total liabilities Business in the State of Georgia During 1910 No Number and amount of policies on the lives of citizens Amount of Georgia in force December 31 of previous year 220 391760 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 19 22000 00 Total 239 413760 00 Deduct number and amount which have ceased to be in force during the year 50 94500 00 Total number and amount of policies in force in Georgia December 31 1910 319260 00 No Amount of losses and claims on policies in Georgia incurred during the year 2 Amount 6500 00 Total 2 6500 00 6500 00 9955 71 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 918632 notes or credits 76939 renewal notes paid total THE EIDGELY PROTECTIVE ASSOCIATION INSURANCE COMPANY OF MASSACHUSETTS Francis A Harrington President Austin A Heath Secretary Principal Office 518 Main Street Worcester Mass Ralph J Winters Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 100000 00 mount of net or ledger assets December Q3 743 02 31 of previous year yoito o Extended at 293743 02ComptrollerGenerals Report 585 IIIncome During 1910 7 Total premium income 9 Cash received for gross intereston bonds ownedless 540 68 28471 accrued interest on bonds accrued during 1910 spi91 I0 Ltr p 19rro tt ote pir 8070 items in suspense 2306 totai Ta 10O YD Total income 327274 68 IIIDisbursements for the Year 1910 1 Cash paid for accident and health claims 158762 68 7 Total net amount actually paid for losses 7 158762 68 Total paid polieyholders T 16 Cash paid stockholders for dividends l2 68 17 Cash paid for commissions and bonuses to agents iesscom 00 mission on reinsurance 18 Cash paid for salaries and aUowances to managexsand 21M1 agents s 20 Cash paid for salaries and all other compensation of officers and other home office employees m 21 Cash paid for taxes on premiums l 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent 1513 50 26 Cash paid for furniture nxiuresandsafes for hoine and 1435 agency offices 27 Cash paid for advertising nU75 printing stationery 441418 total 28 Cash paid for legal expenses 5648 93 29 Cash paid for the following items viz PoKey fee8 allowed agents 3399765 investigation and adjustment of claims 33o90 corporation tax 176000 income tax 17658 postage telegraph telephone and express 4 63247 miscellaneous 85545 agents balances charged off 3148 gross decrease in book value of ledger assets 39375 total 45583 28 30 Total disbursements 300846 67 IVAssets as Per Ledger Accounts 6 Book value of bonds owned 242760 25586 ComptrollerGenerals Report 7 Cash in companys office 8CaSh deposited in banks 413 58 76997 20 13 Total net or ledger assets less depreciation Other Assets 320171 03 15 Interest accrued on bonds 3643 70 Total carried out 21 Market value of bonds over book value 3643 70 1404 75 28 Total assets as per the books of the company VLiabilities 5 Claims for accident and health losses in process of adjustment and expenses of settlement 325219 48 34913 90 Total policy claims 12 Amount of State taxes due or accrued estimated 13 Amount due on account of salaries rents and office ex penses 16 Amount of any other liability of the company viz Pre miums paid in advance 248271 gross premiums upon all unexpired risks running 3 months from October 15 1910 8608225 pro rata 16 1434704 commissions and other charges due agents 21298 items m sus pense 14141 total 34913 90 4000 00 442 22 17184 14 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 56540 26 268679 22 19 Total liabilities VaVa Business in the State of Georgia During 1910 No Number of policies and amount of premiums in force in Georgia December 31 of previous year 1265 Number and amount of policies on the lives of citizens of Georgia issued during the year 1033 325219 48 Amount 3813 00 3226 00 Total Deduct number and amount which have ceased to be in force during the year 2298 537 7039 00 1685 00 Total number of policies and amount of premiums in force in Georgia December 31 1910 1761 5354 00CoMPTBOLLEEGrENERAL g EePOBT No 503 Amount of losses and claims on policies in Georgia incurred during the year 587 Amount 13972 88 Total 503 13972 88 11188 68 14540 00 s Amount of losses and claims on policies in Georgia paid during the year 448 Amount of premiums collected or secured in Georgia during the year in cash ROME INSURANCE COMPANY OE ROME GA J L Bass President t t t t J U heal Secretary Principal Office 3rd Avenue Rome Ga Dean and Dean Rome Ga Attorneys for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 180510 00 2 Amount of capital sub scribed and paid by notes 19350 00 Amount of net or ledger assets December 31 of previous year 105 474 12 Increase of capital 99860 Q0 Extended at 205334 12 II Income During 1910 1 Cash received for premiums on new policies without deduction for commissions or other expenses and cash received for re newal premiums without deductions for commissions or other expenses 104 932 13 Total 104932 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 11 Cash received for interest on other debts due the company 19 From all other sources viz Premium on sale of stock supplementary contracts and deposits by agents for bond 104932 13 5179 36 825 00 1846 76 122876 98 Total income 235660 23588 ComptrollerGenerals Eepobv Disbursements for the Year 1910 1 Gash paid for death claims including re versionary additions 5 Health and accident claims paid 28902 29 16418 17 amount actually paid for losses and matured endowments Gash paid for commissions and bonuses to agents less com mission on reinsurance Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees Cash paid for salaries and all other compensation of officers 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 34100 municipal licenses 42295 total Cash paid for rent including companys occupancy Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 55176 printing 389368 total Cash paid for legal expenses Cash paid for the following items viz Traveling expenses discounts office expense agents accounts written off 7 Total net 17 18 19 20 21 22 23 24 26 27 28 29 30 Total disbursements IVAssets As Per Ledger Accounts 2 Loans on mortgage first liens on real estate 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances of which 490893 was advanced during the year 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 34778 and accrued 1 20476 on mortgages 15 Interest due and accrued on bonds and stocks 45320 46 36703 08 29635 50 10745 00 8961 49 619 19 862 10 863 95 2726 16 1600 90 4445 44 2085 65 12529 76 157098 68 36900 00 43440 00 1288 92 138917 28 57100 00 6249 47 283895 67 1550 00 282345 67 907 50ComptrollekGenekals Eepoet 86 17 Interest due 205768 and accrued on notes 18 Interest due and accrued on other assets 2706 54 53830 Total carried out New Business 23 Gross premiums due and un reported on policies in force December 31 1910 2274 45 Renewals 179 90 Totals 25 Deduct loading 26 Net amount of uncollected and deferred premiums Extended Items Not Admitted 4 Cash advanced to or in the hands of officers or agents 5 Agents balances 7 Bills receivable and accrued interest thereon 895 00 6249 47 59806 54 Total 9 Total assets less items not admitted VLiabilities 3 Claims for death losses incurred but not reported 6 Claims for death losses and other policy claims resisted by the company 371 00 766 50 Total policy claims 12 Amount of national State or other taxes due 13 Amount due on account of salaries rents and office ex penses 14 Amount of interest paid in advance 16 Amount of any other liability of the company viz De posited by agents as bond 17 Liabilities on policyholder s account 18 Gross surplus on policyholders account 589 19 Total liabilities 5704 88 2274 45 454 89 179 90 35 98 143 92 1 1819 56 1963 48 s of the company 290014 03 66951 01 223063 02 1137 50 548 16 5045 07 20 00 812 40 7563 13 215499 89 223063 02590 ComptrollerGenerals Report Business in the State of Georgia During 1910 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous s 15197 1619531 00 year Number and amount of policies on the lives of citizens of Georgia issued during the year46506 5o89487 50 Total 613 7209018 50 Deduct number and amount which have ceased to be in force during the year 34576 3886484 25 Total number and amount of policies in force n i i lain 27127 3322o34 25 in Georgia December 31 191U v No Amount Amount of losses and claims on policies in Georgia incurred during the year 4jaoJ W 45955 96 Total Amount of losses and claims on policies in Georgia i 45218 4b paid during the year Amount of premiums collected or secured in Georgia 7 during the year in cash 103829 28 SECURITY LIFE INSURANCE COMPANY OF AMERICA W O Johnson President O W Johnson Sec y and Treas 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 20231565 Extended at 2023156 55 IIIncome During Year 1910 1 Cash received for premiums on new policies without deduction for commissions or other expenses less 473254 for first years reinsurance 110310 83 1 Cash received for renewal premiums with out deductions for commissions or other expenses lcss 592464 for reinsurance onrer 380992 08ComptrollerGenerals Eeport 4 From surrender values applied to pay run ning premiums 159 g 4 From surrender values applied to pur chase paidup insurance and annuities 2837 98 5 Consideration for annuities other than ma tured installment policies 1 000 00 591 7 Total premium income d 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 miscellaneous items 17 Premium notes loans or liens collection on lapsed 18 Consideration for supplementary contracts not involving life contingencies 19 Prom all other sources viz Dividends left with the com pany to accumulate at interest 15628 interest on col lateral loans 812520 and gross interest on deposits in trust companies and banks 324987 total Total income III Disbursements For the Year 1910 1 Cash paid for death claims including re versionary additions 49148 78 7 Total net amount actually paid for losses and matured endowments t 8 Cash paid to annuities plus health indemnities 15285 9 Premium notes loans or liens used in purchase of surren dered policies 15981 voided by lapse 43102 total 9 Premium notes loans or liens used in payment of divi dends to policyholders 10 Cash dividends left with company to accumulate at interest 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 202064 07 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 7857716 re newals 1182952 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 893100 inspection of risks 222264 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 495300 70 16486 10 27427 50 18892 58 786 83 34 71 2346 35 11531 35 572806 12 49148 78 836 49 101686 19 3632 15 156 28 2837 98 41129 01 2637 19 90406 68 24627 86 11153 64 53043 73592 ComptrollerGenerals Report 21 Gash paid for taxes on new premiums and renewals 12428 28 23 Gash paid for insurance department fees and agents licenses 410424 municipal licenses 54990 total 4654 14 24 Gash paid for rent including companys occupancy 10466 85 25 Cash paid for claims on supplementary contracts not involv ing life contingencies 14084 25 Dividends and interest thereon held on deposit surren dered during the year 26 Cash paid for furniture fixtures and safes for home and 76 55 agency offices 27 Cash paid for printing 588474 exchange 49160 total 12491 96 28 Cash paid for legal expenses 26o46 93 29 Cash paid for the following items viz Investigation and settlement of policy claims 9050 incidental office ex pense 59722 officers traveling expense 244867 fidelity bonds 28968 discounts 9671 miscellaneous 9351 total 54255 41 30 Agents balances charged off Total disbursements 521209 56 IVAssets As Per Ledger Accounts 1 Special assets 200159 2 Loans on mortgage first liens on real estate 409816 5 3 Loans secured by pledge of bonds stocks or other market able collaterals 117500 00 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 490804 64 5 Premium notes loans or liens on policies in force of which 501265 was received during the year 54657 78 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 5939o9 29 7 Cash in companys office 691 60 8 Cash deposited in banks 106029 71 9 Bills receivable 11194 81 10 Agents ledger balances of which 8234943 was advanced during the year credit 56236 net 8178707 paving certificates 8368 total 81787 07 Municipal etc 56800 furniture and fixtures 750000 total 8151 68 11 Total net or ledger assets as per balance above 2074753 j 1 12 Deduct depreciation from cost of assets to bring same to marketvalue 8196 13 Total net or ledger assets less depreciation 2066556 32ComptbollebGenebals Eepoet Other Assets 14 Interest accrued on mortgagesj 15 Interest due 83829 and accrued 8 92176 on bonds and stocks 13 Interest due 249183 and accrued 54313 on collateral loans 17 Interest accrued on premiums notes loans or liens 18 Interest due 1781300 and accrued 40000 on other assets 6676 37 9760 05 3034 96 2500 00 18213 00 Total carried out 22 Due from other companies for losses or claims on policies of this company reinsured New Business Renewals 23 Gross premiums due and un reported on policies in force December 31 1910 344 36 44162 50 24 Gross deferred premiums on policies in force Decem ber 31 1910 3337 79 17450 42 Totals 25 Deducting loading 3682 15 2229 70 61612 92 9363 94 26 Net amount of uncollected and deferred premiums 1452 45 Extended 51918 98 593 40184 38 3284 66 53371 43 28 Total assets as per books of the company 2 163 396 79 Items Not Admitted 2 Furniture fixtures and safes d 5 Agents balances 7 Bills receivable 8 Premium notes and net premiums in ex cess of reserve 7500 00 82349 43 11194 81 5021 00 Total 106065 24 9 Total assets less items not admitted 2 057 331 55 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De 594 ComptrollerGenerals Beport cember 1910 computed according to The American Table of Mortality with 3y2 per cent interest 1096848 00 Deduct net value of risks of this company reinsured in other companies 7584 00 1089264 00 Net reinsurance reserve 5 Claims for death losses in process of ad justment or adjusted and not due 3000 00 6 Claims for death losses and other policy claims resisted by the company 11211 63 9 Claims for death losses which have been re ported and no proofs received 78 00 14 289 63 Total policy claims 10 Amount of all unpaid guaranteed dividends due policy holders nn 12 Amount of national State or other taxes due 11wo uu 13 Amount due on account of salaries rents and office ex uou DO penses 16 Amount of any other liability of the company viz Pre miums paid in advance 13 7I2 70 Other 17 Liabilities on policyholders account 1131018 10 18 Gross surplus on policyholders account including capital stock 50000000 926313 45 19 Total liabilities 2057331 55 Business in the State of Georgia During 1910 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous 34 72000 00 year v Number and amount of policies on the lives of citizens of Georgia issued during the year 12 15000 00 Total 46 870000 Deduct number and amount which have ceased to be in force during the year 18 38500 00 Total number and amount of policies in force in Georgia December 31 1910 28 48500 Amount of premiums collected or secured in Georgia during the year in cash l816 57COMPTROLLERGrENERAL s BEPORT 595 SECURITY LIFE ANNUITY COMPANY OF NORTH CAROLINA J Van Lindley President Geo A Glimalej Secretary Principal Office Greensboro North Carolina G A Rankin Macon Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 4 919638 92 Extended at IIIncome During Year 1910 1 Cash and notes received for premiums on new policies without deductions for com missions or other expenses 102 009 21 1 Cash and notes received for renewal pre miums without deductions for commis sions or other expenses 919638 92 Total 3 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 213770 renewals 96379 total 364408 18 466417 39 3101 49 7 Total premium income d 8 Cash received for interest 011 mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company Ofi bank balance 12 Cash received as interest on collateral loans 13 Cash received for rents for use of companys property in cluding 127200 for companys own occupancy 17 Premium notes loans or liens restored by revival of policies 19 From all other sources viz Consideration for supplemen tary contracts not involving life contingencies Total income IIIDisbursements for the Year 1910 1 Cash paid for death claims including re versionary additions 90 305 71 3 Paid for claims on supplementary contracts not involving life contingencies 2 693 84 463315 27429 90 02 3702 10669 72 29 2330 5172 76 25 3311 175 5 51 13923 530029 00 95 Total 93059 55H 596 CompteolleeGtenebals Bepoet Deduct amount received from other com panies for losses or claims on policies of this company reinsured 3000 00 7 Total net amount actually paid for losses and matured en dowments 8 Cash paid to annuitants 10 Cash dividends paid policyholders 13 Surrender values paid in cash or liquidations of loans and notes 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 6643036 re newals 2536858 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 1153858 inspec tion of risks 183200 total 20 Cash paicl for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes 22 Cash paid for taxes on investments 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent including companys occupancy 25 Commuted value lQ 27 Cash paid for advertising 241539 printing 168658 totalioVa a a 28 Cash paid for real estate expenses other than taxes 25843 for legal expenses 110655 total 9 Cash paid for the following items viz Postage telephone telegraph and express 186709 exchange 47912 gen eral expense 184391 traveling expense 142805 total 30 Total disbursements IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 90059 55 12421 54 2178 01 24152 65 91798 94 2673 45 13370 67 23370 69 2188 81 434 19 1684 58 1272 00 1996 35 4101 97 1364 98 5618 17 278686 55 45147 03 632500 00 89750 32 147950 02 44239 84 51670 12 663 25 41357 13 ComptrollerGenerals Report 10 Agents ledger balances Guarantee capital 10000000 furniture andfixtures 364303 total 11 Total net or ledger assets as per balance above 1170 982 32 13 Total net or ledger assets less depreciation ll7o982 32 Other Assets 597 14061 58 103643 03 14 Interest due 44100 and accrued 7 08156 on mortgages 15 Interest accrued on bonds and stocks 16 Interest due 1200 and accrued 79615 on collateral loans 17 Interest due 62354 and accrued 137574 on premiums notes loans or liens 18 Interest due on bank balances 19 Eents due 17200 and accrued 500 on companys property or lease 752256 284 20 808 15 1999 28 253 34 177 00 976 16 4000 00 Total carried out 20 Market value of real estate over cost SQB lc 22 Due from other companies for losses or claims on policiesof this company reinsured Renewals 2d Oross premiums due and unreported on poli cies in force December 31 1910 16 355 81 24 Gross deferred premiums on policies in force December 31 1910 13 928 95 Totals 25 Deducting Loading 30284 76 4239 87 26 Net amount of uncolleeted and deferred pre miums 26044 89 Extended 26044 89 28 Total assets as per the books of the company 1221 047 90 Items Not Admitted 2 Furniture fixtures and safesj 3 Bonds and stocks in excess of market value 5 Agents balances 7 Bills receivable in excess of reserve 3643 03 1510 12 14499 87 4535 60 Total 9 Total assets less items not admitted 24188 62 1196859 28598 ComptrollerGenerals Repori VLiabilities I Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to the Actuaries Table of Mortality with four per cent interest 805513 00 Deduct net value of risks of this company reinsured in other solvent companies 1241 00 804 272 00 Net reinsurance reserve mJ J 3 Claims for death losses due and unpaid 10000 00 8 Present value of unpaid amounts on supple mentary contracts not involving life contingencies 31855 00 Total policy claims 41855 00 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 2500 00 II Special Rent Commission fund 7703 00 12 Amount of national state or other taxes due 1429 02 13 Amount due on account of salaries rents and office expenses 521 82 14 Amount due by the company Ben1 Corns amount accrued 506 80 15 Annuity fund 151355 09 16 Amount of any other liability of the company viz Pre miums paid in advance 137966 interest and rent paid in advance 260874 total 3988 40 Fees due insurance department for Reg policies 18935 medical fees 87000 total 059 35 17 Liabilities on policyholders account 1015192 48 18 Gross surplus on policyholders account 181666 80 19 Total liabilities 1196859 28 Business in Georgia During 1910 Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 595 1168516 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 280 503380 00 Total 875 1671896 00 Deduct number and amount which have ceased to be in force during the year 140 260750 00 Total number and amount of policies in force in Georgia December 81 1910 735 1411146 00ComptrollerGenerals Eeport 599 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 2 11000 00 Amount of losses and claims on policies in Georgia incurred during the year 4 4 qoo 00 Total 6 15000 00 Amount of losses and claims on policies in Georgia paid during the year 6 12750 00 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduc tion for losses dividends commissions or other expenses 50694 80 SECURITY MUTUAL LIFE INSURANCE COMPANY OP NEW YORK Frederick W Jenkins President Chas A LaDue Secretary Principal Office Cor Court and Exchange Sts Binghampton N Y ICapital Stock Amount of net or ledger assets December 31 of previous year 5239052 57 Extended at 5239052 57 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 187726 84 1 Cash received for renewal premiums with out deductions for commissions or other expenses 1324715 08 2Y2 Premium notes loans or liens taken in part payment for renewal premiums 4584 05 3 Dividends applied to pay running premiums 36904 54 3 From dividends applied to purchase paid up additions and annuities 4804 89 4 From surrender values applied to pay run ning premiums 11411 05 4 From surrender values applied to purchase paidup insurance and annuities 9983 38 5 Consideration for annuities other than ma tured installment policies 3000 00 Total 1583129 83 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 265766 renewals 56798 total 3225 64 7 Total premium income 1 579 904 19600 CompteollerGenekals Eepokt 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property in cluding 1500000 for companys own occupancy 17 Premium notes loans or liens restored by revival of policies 19 From all other sources viz Consideration for supplementary contracts etc 44950 93 75865 82 75858 11 10033 17 43987 77 14362 02 2945 14 Total income i847907 15 IIIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions 574735 26 2 Premium notes loans or liens used in pay ment of the same 103 0 3 Cash paid for matured endowments and ad ditions thereto 250 00 5 Cash paid for sums falling due during the year on installment policies 4539 90 7 Total net amount actually paid for losses and matured en dowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of surren dered policies 18531628 voided by lapse 115 24602 total 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 43471400 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 13507649 re newals 7718390 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 1784500 inspec tion of risks 581533 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on premiums 22 Cash paid for taxes on investments 23 Cash paid for insurance department fees and agents li censes 386809 municipal licenses 76188 total 579628 16 487 89 300562 30 12255 40 36904 54 4804 89 58304 55 11411 05 9983 38 212260 39 69238 56 23660 33 98407 68 23016 11 7884 25 4629 97ComptbollerGenerals Beport 601 24 Cash paid for rent including 1500000 for companys oc cupancy less 66174 received under sublease 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 340589 printing 556231 28 Cash paid for real estate expenses other than taxes 13 44101 for legal expenses 609777 total All other items Total miscellaneous expenses 3625616 24096 08 1030 36 8968 20 19538 78 36256 16 30 Total disbursements 1543329 03 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 poli cies assigned as collateral 5 Premium notes loans or liens on policies in force of which 458405 was received during the year 6 Book value of bonds and stocks owned excluding accrued in terest at time of purchase 7 Cash in companys office 20000 in Southern Depart ment office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances 733106 55 971966 93 1501214 40 34572 34 2008469 75 16896 12 259358 95 517 00 17528 65 13 Total net or ledger assets 554g630 m Other Assets I I 14 Interest due 29729 and accrued 14 69892 on mortgages3 15 Interest accrued on bonds and stocks 17 Interest accrued on premiums notes loans or liens 18 Interest accrued on other assets bank de posits 19 Bents accrued Total carried out New Business 23 Gross premiums due and un reported on policies in force Dec 31 1910 14996 21 21296 20 24848 46 1738 58 617 00 63496 45 Renewals 6854 15 155202 38602 ComptbollebGeneeal s Eepoet 24 Gross deferred premiums on policies in force Decem ber 31 1910 10140 05 Totals 16994 20 25 Deducting loading 20 3398 84 102828 84 258031 22 51606 24 26 Net amount of uncollected and deferred premiums 13595 36 206424 98 Extended 220020 34 28 Total assets as per books of the company 5827147 48 Items Not Admitted 5 Agents balances 17528 6o 7 Bills receivable 517 00 8 Book value over market real estate bonds 62771 65 Total 80817 30 9 Total assets less items not admitted 5746330 18 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of Do cember 1910 computed according to the Actuaries Table of Mortality with four per cent interest 3M and 3 5001395 00 Deduct net value of risks of this company reinsured in other solvent companies 2671 00 Net reinsurance reserve 4998524 00 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 18266 76 4 Claims for matured endowments due and unpaid 1035 40 5 Claims for death losses and matured endow ments in process of adjustment or no proofs received 40400 85 6 Claims for death losses and other policy claims resisted by the company 9400 00 8 Present value of unpaid amounts on ma tured installment policies 22689 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 91792 01 120661 23 i ComptrollerGeneral s Report 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 Pre miums paid in advance 909456 surrender value lia bility 4819283 medical examinations accrued com missions bills etc 603 25000 00 2753 87 98085 08 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities Business in Georgia During 1910 5336816 19 409513 99 5746330 18 No Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year igi Number and amount of policies on the lives of citi zens of Georgia issued during the year 96 Total 1287 Deduct number and amount which have ceased to be in force during the year 157 Total number and amount of policies in force in Georgia December 31 1910 1 130 No Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 3 Amount of losses and claims on policies in Georgia incurred during the year 9 Amount 2116494 00 172145 00 2288639 00 278298 00 2010341 00 Amount 8730 06 41877 85 Total 22 Amount of losses and claims on policies in Georgia paid during the year 20 Amount of premiums collected and secured in Georgia during the year in cash and notes or credits without any deduc tion for losses dividends commissions or other ex penses 50607 91 40633 20 61223 37604 COMPTROLLEBGrENEEAL S EEPORT STATE MUTUAL LIFE INSURANCE COMPANY OF GEORGIA C E Porter President A C Wadsworth Secretary Principal Office State Mutual Bldg Broad St Rome Ga ICapital Stock Amount of net or ledger assets December 31 of previous year 2669698 59 Extended at 2669698 59 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 1 Cash received for renewal premiums with out deductions for commissions or other expenses 1135590 4 3y2 From dividends applied to shorten endow ment or premium paying period 4i From surrender values applied to purchase paidup insurance and annuities Total 1521160 68 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 37431 re newals 294189 total 3316 20 381593 54 5 90 3971 00 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property in cluding 180000 for companys own occupancy 16 From dividends left with the company to accumulate at in terest 18 Gain ledger assets 19 From all other sources viz Supplementary contracts 1517844 48 72678 42 6155 00 69000 27 4327 25 3000 00 286 65 29325 51 55413 66 Total income 1758031 24 IIIDisbursements for the Year 1910 261762 46 1 Cash paid for death claims including re visionary additions Total 261762 46 7 Total net amount actually paid for losses and matured en dowments 261762 46ComptrollerGenerals Report 605 10 11 12 13 15 18 19 20 21 22 23 24 26 27 28 29 Cash paid to annuitants 19 150 00 Cash dividends paid polieyholders 85 441 89 Cash dividends applied to shorten endowment 5 90 Cash dividends applied to accumulate at interest 286 65 Surrender values paid in cash 258 862 67 Surrender values applied to purchase paidup insurance and annuities 3 971 q0 Total paid polieyholders 62948057 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 30540618 re newals 10706485 total 412 471 03 Cash paid for salaries and allowances to managers and aSents 25873 23 Cash paid for medical examiners fees 2142666 inspec tion of risks 408377 total 25510 43 Cash paid for salaries and all other compensation of officers and other home office employees 57 008 99 Cash paid for taxes on new premiums and renewals 17545 54 Cash paid for taxes on investments 4 621 09 Cash paid for insurance department fees and agents li censes 138950 municipal licenses 110660 total 2496 10 Cash paid for rent including 180000 companys occu pancy less 120000 received under sublease 4070 20 Cash paid for furniture fixtures and safes for home and agency offices 3161 99 Cash paid for advertising 1005985 printing 661077 16610 62 Cash paid for legal expenses 11 936 41 Cash paid for the following items viz Postage 328822 office expense 608194 extra dis 32922 total 9699 38 Special examiners 163745 fire insurance 42271 loss ledger assets 741273 agents balances charged off 1333981 total 22812 70 Total miscellaneous expenses 61387771 30 Total disbursements 1243358 28 TVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances if 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collateral 4 Loans made in cash to polieyholders on this companys poli cies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued in terest at time of purchase 8 Cash deposited in banks including interest bearing certi ficates of deposit 9 Bills receivable 133498 89 942495 06 83428 38 1363633 00 60807 80 174566 58 389783 85 5045 62606 ComptrollerGeneral s Eepokt 10 Agents ledger balances Outstanding new premiums 21198 38 9883 99 13 Total net or ledger assets 3184371 55 Other Assets 14 Interest due 418667 and accrued 14 70699 on mortgages 15 Interest accrued on bonds 16 Interest due 9768 and accrued 963 on collateral loans 18 Interest due and accrued on other assets 18893 66 3880 00 107 31 411 67 Total carried out 23292 64 New Business Renewals 23 Gross premiums due and un reported on policies in force Dec 31 1910 9883 99 56322 98 24 Gross deferred premiums on policies in force Decem ber 31 1910 9883 99 69439 15 Totals 9883 99 25 Deducting loading 125762 13 25152 42 26 Net amount of uncolleeted and deferred premiums 9883 99 100609 71 Extended O609 71 S Total assets as per the books of the company 3308273 90 Items Not Admitted 5 Agents balances 7 Bills receivable 21198 38 5045 62 9 Total assets less items not admitted 3282029 90 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to the American Experience Table of Mortality with 3 and 3 per cent interest 2965579 33 Deduct net value of risks of this company reinsured in other solvent companies 1902 50 Net reinsurance reserve 2963676 83ComptrollerGenerals Eeport 607 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 14000 00 6 Claims for death losses and other policy claims resisted by the company suicides 4000 00 8 Present value of unpaid amounts on matured installment policies 3 334 qq Total policy claims 21 834 66 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 2 343 73 11 Dividends left to policyholders at interest 3O6 61 12 Amount of national state or other taxes due 12 688 40 13 Amount due on account of salaries rents office expenses 3303 75 14 Policy loans in excess of reserve 3 450 Q4 15 Contingency reserve 2 500 00 16 Amount of any other liability of the company viz Pre miums paid in advance 2 477 01 Unearned interest 37 ggQ 49 17 Liabilities on policyholders account 3 050 167 52 18 Gross surplus on policyholders account 231 862 38 19 Total liabilities 3282029 90 Business in Georgia During 1910 No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 473 13132740 50 Number and amount of policies on the lives of citi zens of Georgia issued during the year 1770 3258000 00 Toti1 6543 16390740 50 Deduct number and amount which have ceased to be in force during the year 1377 3115220 00 Total number and amount of policies in force in Georgia December 31 1910 5166 13275520 50 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 3 5 500 00 Amount of losses and claims on policies in Georgia incurred during the year 32 122000 00 Total 35 127500 00608 ComptrollerGtEnebals Report Amount of losses and claims on policies in Georgia paid during the year viz Annuitants 10 85000 installments 50000 compromise 1 20000 lump sum 11180000 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses 534702 48 STATE LIFE INSURANCE COMPANY OF INDIANA H W Bennett President W S Wynn Secretary Principal Office Indianapolis Indiana ICapital Stock Amount of net or ledger assets December 31 of previous year 8213794 95 Extended at 8213794 95 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 169909 44 l1 Cash received for renewal premiums without deductions for commissions or other expenses 1748791 57 2 Premium notes or liens taken in part pay ment for renewal premiums 200165 84 3 From dividends applied to pay running pre miums 144032 26 3 From dividends applied to purchase paid up additions and annuities 371 26 4 From surrender values applied to purchase paidup insurance and annuities 25415 90 5 Consideration for annuities other than ma tured installment policies 130 00 Total 2288816 27 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 61903 re newals 463021 total 5249 24 7 Total premium income 2283567 03 8 Cash received for interest on mortgage loans 271790 84 9 Cash received for interest on bonds owned and dividends on stock 7809 45 10 Cash received for interest on premium note loans or liens 121794 00 ComptrollerGenerals Report 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property in cluding 1265568 for companys own occupancy 16 From dividends left with the company to accumulate 18 Consideration for supplementary contracts 19 From all other sources viz From agents balances pre viously charged off 609 3716 56 103448 04 1223 64 6600 00 313 80 Total income 2800263 36 IIIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions 628 549 64 5 Cash paid for sums falling due during the year on installment policies 1 967 75 Total 630517 39 7 Total net amount actually paid for losses and matured en dowments c 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 annuities 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 10887025 re newals 20127372 total 18 Cash paid for salaries and allowances to managers and agents including traveling expenses etc 19 Cash paid for medical examiners fees 1334693 inspec tion of risks 318787 total 20 Cash paid for salaries and all other compensation of of ficers and other home office employees 21 Cash paid for taxes on premiums 22 Cash paid for taxes on reserves 512573 on investments 1340280 total 23 Cash paid for insurance department fees and agents li censes 24 Cash paid for rent including 1265568 companys own oc cupancy 25 Cash paid for commuting commissions 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 536424 printing 2104734 postage etc 973501 exchange 17210 total 630517 39 25682 78 12993 24 144032 26 371 26 206253 04 25415 90 310143 97 24108 58 16534 80 125662 73 33827 50 18528 53 7657 61 21925 71 5492 92 5314 09 36318 69610 ComptrollerGenerals Report 28 Cash paid for real estate expenses other than taxes 31 37314 for legal expenses 352760 policy claim ex penses 475181 total 39652 55 29 Cash paid for the following items viz Payments on void notes 49041 discount on advance premiums 6053 investment expenses 72653 miscellaneous expenses 1 38311 profit and loss 1625617 loss on sales 50372 total 18869 43 Total miscellaneous expenses66458805 30 Total disbursements 1709853 92 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 992846 92 2 Loans on mortgage first liens on real estate 5442261 70 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 2343702 74 5 Premium notes loans or liens on policies in force of which all was received during the year 67985 61 6 Cost value of bonds and stocks owned excluding accrued in terest at time of purchase 21753 10 7 Cash in companys office 5075 88 8 Cash deposited in banks 187898 05 10 Agents ledger balances 46680 39 11 Total net or ledger assets as per balance above 9304204 39 12 Deduct depreciation from cost of assets to bring same to market value 1778 70 13 Total net or ledger assetsless depreciation 9302425 69 Other Assets 14 Interest due 533112 and accrued 73 13122 on mortgages 78462 34 15 Interest accrued on bonds and stocks 1408 33 17 Interest due on premiums notes loans or liens 679 85 18 Interest due 17360 and accrued 5470 on other assets 228 30 19 Rents due 364 18 Total carried out 82143 00 20 Market value of real estate over cost 207153 08 22 Unearned premium for fire insurance on home office build ing 4615 80ComptrollerGenerals Beport New Business Eenewals 611 23 Gross premiums due and un reported on policies in force Dec 31 1910 31210 82 24 Gross deferred premiums on policies in force Decem ber 31 1910 4552 31 69594 81 61259 35 Totals 35763 13 130854 16 25 Deducting loading 23745 72 26170 83 26 Net amount of uncollected and deferred premiums 12017 41 104683 33 Extended 116700 74 28 Total assets as per the books of the company 9 713 038 31 Items Not Admitted 48657 99 11099 48 Ttal 59757 47 5 Agents balances 7 Premium notes and net unreported premi ums in excess of reserves 9 Total assets less items not admitted 9 653 280 84 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to the Actuaries table of mortality with four per cent interest and American Experi ence 3V and 3 8061011 00 Deduct net value of risks of this company reinsured in other solvent companies 3833 00 Net reinsurance reserve g 057 175 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 45500 00 6 Claims for death losses and other policy claims resisted by the company 15000 00 8 Present value of unpaid amounts on ma tured installments policies 35622 00 00 Total policy claims 6122 00612 ComptrollerGenerals Report 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 123286 16 12 Amount of national state or other taxes accrued 18082 58 13 Amount due on account of salaries rents office expenses 10731 81 16 Amount of any other liability of the company viz Pre miums paid in advance 1295813 interest paid in advance 4687405 total 59832 18 17 Liabilities on policyholders account 8365232 73 18 Gross surplus on policyholders account 1288048 11 20 This company for the purpose of arriving at an equitable basis for apportioning dividends on its annual dividend policies makes a calculation of results of the same amounts on deferred dividend policies with interest added These amounts are not carried as a liability as the deferred dividend policy contracts explicitly provide that no dividends will be allowed or paid thereon until the end of the deferred dividend period They further provide in the application therefor that the principles and methods that may then be in use are accepted and ratified by anyone claiming under the contract Business in Georgia During 1910 Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year 1869 6040898 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 267 706125 00 Total 2136 6747023 00 Deduct number and amount which have ceased to be in force during the year 319 796771 00 Total number and amount of policies in force in Georgia December 31 1910 1817 5950252 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 24 59000 00 Total 5900000 Amount of losses and claims on policies in Georgia paid during the year 23 54000 00ComptrollerGenerals Report 613 STATE MUTUAL LIFE INSURANCE COMPANY OF MASSACHUSETTS Burton H Wright President D W Carter Secretary Principal Office 340 Main Street Worcester Mass ICapital Stock Amount of net or ledger assets December 31 of previous year 33669793 17 Extended at 33669793 17 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 565181 07 1V Cash received for renewal premiums without deductions for commissions or other expenses 3885057 28 3 From dividends applied to pay running pre millms 523175 86 3 From dividends applied to purchase paid up additions and annuities 108 089 67 5 Consideration for Annuities other than ma tured installment policies 33 970 00 Total 5115473 88 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company Renewals 46 707 07 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 12 Cash received as discount on claims paid in advance 13 Cash received for rents for use of companys property in cluding 2510000 for companys own occupancy 14 Cash received for profits on sales of bonds or stocks 27 38653 all other 4824296 total 17 Premium notes loans or liens restored by revival of policies 19 From all other sources viz Unadjusted surrender values 209682 Adjustment book value of bonds 662394 dividends left to accumulate 9350830 supplementary contracts 4096736 total 5068766 81 299210 93 912651 31 203596 65 13341 35 272 96 119895 58 75629 49 590 00 143196 42 Total income 6837151 50614 ComptrollerGenerals Report illDisbursements for the Year 1910 528 00 1 Cash paid for death claims including re visionary additions 1429375 24 2 Premium notes loans or liens used in pay ment of the same 4 Premium notes loans or liens used in pay ment of the same 755202 99 5 Cash paid for sums falling due during the year on installment policies 15812 53 Total 2200918 76 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 15000 00 7 Total net amount actually paid for losses and matured en dowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of surren dered policies 52900 voided by lapse 224300 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 Dividends left to accumulate Total paid policyholders 372374824 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 23964669 re newals 24425766 total 18 Cash paid for salaries to managers and agents 19 Cash paid for medical examiners fees 2999600 inspec tion of risks 712300 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums and renewals 22 Cash paid for taxes on reserves 3995356 on investments 2252947 total 23 Cash paid for insurance department fees and agents licenses 583545 municipal licenses 125343 total 24 Cash paid for rent including 2150000 companys occu pancy less 80000 received under sublease 25 Cash paid for commuting commissions 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 965302 printing and station ery 2253153 postage express etc 1091484 total 28 Cash paid for real estate expenses other than taxes 42 77322 for legal expenses 70156 total 2185918 76 14820 88 2772 00 95641 41 523175 86 108089 67 699821 36 93508 30 483904 35 71146 53 37119 00 121065 07 44828 81 62483 03 7088 88 39992 02 780 42 7465 95 43099 39 43474 78CompteollebGenebals Report 29 Cash paid for the following items viz Accumulated divi dends paid income tax sundry expenses and profit and loss account 615 152806 95 30 Total disbursements 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 poli cies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks Loans on personal security 11 Total net or ledger assets as per balance above 12 Deduct depreciation from cost of assets to bring same to market value 4839003 42 1678650 00 7177464 00 5000 00 4444998 78 57152 00 21662974 67 4937 57 622676 99 14087 24 35667941 25 381412 67 13 Total net or ledger assets less depreciation 35286528 58 Other Assets 14 Interest due 411930 and accrued 90 10301 on mortgages 4 15 Interest due 100000 and accrued 254 15856 on bonds and stocks 16 Interest due and accrued on collateral loans 17 Interest due 443576 and accrued 52 19392 on premiums notes loans or liens 18 Interest due 8343 and accrued 19288 on other assets 19 Bents due 26985 and accrued 12 73345 on companys property or lease 94222 31 255158 56 125 00 56629 68 276 31 13003 30 Total carried out t 20 Market value of real estate over cost 22 Due from other companies for losses or claims on policies of this company reinsured 419415 16 85000 00 20000 00 New Business Benewals 23 Gross premiums due and un reported on policies in force December 31 1910 52680 10 292522 85616 ComptrollerGenerals Report 24 Gross deferred premiums on policies in force Decem ber 31 1910 67542 13 397628 23 Totals 120222 23 690151 08 25 Deducting loading 26929 78 154593 84 26 Net amount of uncollected and deferred premiums 93292 45 Extended 535557 24 628849 69 28 Total assets as per the books of the company 36439793 43 14087 24 11430 40 Items Not Admitted 6 Loans on personal security endorsed or not 7 Loading on premium notes 20 Total 9 Total assets less items not admitted VLiabilities 1 Ne1 present value of all the outstanding policies in force on thajjlst day of De cember 1910 computed according to Massachusetts Insurance Department to The Actuaries and American Table of Mortality with 3V2 and 3 32440604 00 Deduct net values of risks of this company reinsured in other solvent companies 242617 00 25517 64 36414275 79 Net reinsurance reserve 32197987 00 3 Claims for death losses reported and no proofs received 4 Claims for matured endowments due and unpaid 6 Claims for death losses and other policy claims resisted by the company 8 Present value of unpaid amounts on ma tured installment policies 177457 00 1297 00 17000 00 196245 22 Total policy claims 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 12 Amount of national State or other taxes accrued 13 Amount due on account of salaries rents and office ex penses 391999 22 53675 83 85000 00 14438 62 COMPTBOLLERGrENEEAL s REPORT 16 Amount of any other liability of the company viz Pre miums paid in advance 5320653 unadjusted surrender values apportioned or held to accumulate supplemental contracts extra reserve on annuities 611 628740 58 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 33371841 25 3042434 54 36414275 79 19 Total liabilities Business in the State of Georgia During the Year No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year Number and amount of policies on the lives of citizens of Georgia issued during the year 117 Total Deduct number and amount which have ceased to be in force during the year H2 689 1354473 00 291791 00 806 1646264 00 250701 00 Total number and amount of policies in force in Georgia December 31 1910 694 1395563 00 No Amount of losses and claims on policies in Georgia incurred during the year lg Total 18 Amount 13355 00 13355 00 13355 00 Amount of losses and claims on policies in Georgia paid during the year jg Amount of premiums collected or secured in Georgia during the year in cash 49646 5 SOUTHERN NATIONAL LIFE INSURANCE COMPANY OF KENTUCKY Ed L Williams President B H Poindexter Secretary Principal Office Lyndon Ky Geo W Ryan Atlanta Attorney for Service in Georgia 1Capital Stock 1 Amount of capital stock paid up in cash 188500 00 Amount of net or ledger assets December 31 of previous year 210157 55 Increase of capital during 1910 8630 00 Extended at 218787 55618 ComptrollerGenerals Keport IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses iy2 Gash received for renewal premiums with out deductions for commissions or other expenses Total 25671 21 25548 00 51219 21 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 14 Cash received for profits on sales of bonds or stocks 16 From dividends and surrender values on reinsurance 18 Money borrowed 19 From all other sources viz Cash with applications 46393 surplus from sale of stock 812500 total S 51219 21 3425 00 458 36 40 24 2924 97 19 58 68 18 2000 00 8588 93 Total income 68744 47 IIIDisbursements for the Year 1910 ith claims including re 3500 00 1 Cash paid for death claims including re versionary additions Total 3500 00 7 Total net amount actually paid for losses and matured endowments 13 Surrender values paid in cash Total paid policyholders 3540 00 17 Cash paid for commissions and bonuses to agents less com missions on reinsurance new policies 2075566 re newals 219019 total 18 Cash paid for salaries and allowances to managers and i cputs 19 Cash paid for medical examiners fees 364075 inspection of risks 79750 total 90 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent 27 Cash paid for advertising 282027 printing 139007 total 3500 00 40 00 22945 85 4548 23 4438 25 15952 92 387 49 348 55 2093 00 4210 34 ComptbollebGeneeals Eepoet 28 Gash paid for real estate expenses other than taxes 26538 for legal expenses 1480 total 29 Gash paid for the following items viz Postage telegraph telephone and express 102683 exchange 6550 city taxes 322149 corporation taxes 8571 general ex pense 75428 subscriptions 7750 actuarial expenses 27716 fire insurance 6000 refund of premiums paid in advance 72840 commission on sale of stock 1 94250 agents balances charged off 10000 loss on sale of bonds 8500 total 30 Total disbursements IVAssets as per Ledger Accounts 1 Gost value of real estate exclusive of all incumbrances 2 Loans on mortgages first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 5 Premium notes loans or liens on policies in force of which 72026 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 614281 was advanced during the year Furniture and fixtures 11 Total net or ledger assets is per balance above Other Assets 14 Interest due 85000 and accrued 46854 on mortgages 131g 54 15 Interest accrued on bonds and stocks 637 50 16 Interest due 331570 and accrued 29155 on collateral loans 3607 25 18 Interest accrued on other assets 20 00 Total carried out 20 Market value of real estate over cost New Business rleriawais 23 Gross premiums due and un reported on policies force December 31 1910 27211 00 619 280 38 1424 97 67189 98 2899 55 80445 17 56656 72 403 50 5180 87 36450 00 3290 14 18073 22 13610 46 3352 41 220362 04 5583 2V 000 t620 ComptrollerGenerals Eeport 24 Gross deferred premiums on policies in force Decem 4405 57 27211 00 8163 30 4405 57 440 56 25 26 Net amount of uncollected and deferred premiums 19047 70 3965 01 23012 71 249958 04 Items Not Admitted 2 Furniture fixtures and safes 5 Agents balances 8 Premium notes and loans on policies and net premiums in excess of the net value of other policies Total 9 Total assets less items not admitted VLiabilities 3352 41 13610 46 2332 77 19295 64 230662 40 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to American Experience Table at 3 in terest Deduct net value of risks of this company reinsured in other solvent companies 32159 06 1454 88 Net reinsurance reserve 3 Claims for death losses due and unpaid 4000 00 Total policy claims 13 Amount due on account of salaries rents and office ex penses 14 Amount due by the company for borrowed money 16 Amount of any other liability of the company viz Cou pons deposited with the company 17 Liabilities on policyhelder s account 18 Gross surplus on policyholders account Z9 Total liabilities 30704 18 4000 00 2223 31 2000 00 2006 61 40934 10 189728 30 230662 40ComptrollerGenerals Report 621 SOUTHERN STATES LIFE INSURANCE COMPANY OF ALABAMA Wilmer L Moore President Frank 0tme g Principal Office Candler Building Atlanta Ga 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 560551 17 Extended at IIIncome During Year 1910 560551 17 1 Cash received for premiums on new policies without deductions for commissions or other expenses 1 Premiums on changed insurance 1 Cash received for renewal premiums with out deductions for commissions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new policies 2 Premium notes loans or liens taken in part payment for renewal premium From dividends applied to pay running pre miums 3 From dividends applied to purchase paid up additions 4 From surrender values applied to pur chase paidup insurance 149739 79 557 10 208808 79 13823 50 68162 51 18227 22 339 43 1317 48 6 Total Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 436374 renewals 1023839 total 460975 82 14602 13 7 Total premium income t 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 19 From all other sources 446373 69 8730 47 7135 OS 6256 9 7057 5 8123 7 Total income 4 43677 3J622 ComptrollerGenerals Eeport IIIDisbursements for the Year 1910 1 Cash paid for death claims including re versionary additions 3 Cash paid for disability loss 97565 00 250 00 Total 6 Deduct amount received from other compa nies for losses or claims on policies of this company reinsured 97815 00 5000 00 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 8 Disability loss account premium 9 Premium notes loans or liens used in purchase of surren dered policies 1402492 voided by lapse 300892 total 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paidup additions and annuities 12i2 Cash dividends left on deposit with the company this year 15 Surrender values applied to purchase paidup insurance Total paid policyholders 134185 12 15 Dividends left on deposit returned 209160 paid on supplementary contracts not involving life contingencies 65000 total 16 Cash paid to holding company for interest on loading certificates 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 9377213 re newals 802582 special renewal expenses 100326 total 18 Cash paid for salaries and allowances to managers and agents and agency supervision expenses 19 Cash paid for medical examiners fees 1114137 inspec tion of risks 378358 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for State taxes on premiums 22y2 Cash paid for State examination expenses 23 Cash paid for insurance department fees and agents licenses 56584 municipal licenses and taxes 167685 total 24 Cash paid for rent including companys occupancy 25V2 Excess amount received from holding company in 1909 returned 92815 00 12 3S 39 11 17033 54 541 93 18227 22 339 43 3859 03 1317 48 2741 60 22633 68 102801 21 15473 20 14924 95 27623 32 3500 44 1154 87 2242 69 2634 03 1433 45ComptrollerGenerals Eeport 623 27 Cash paid for advertising 733873 printing and station ery 532620 postage telegraph telephone express and exchange 425176 total 28 Gash paid for legal expenses 29 Cash paid for the following items viz Miscellaneous and home office expenses 29 Agents balances charged off 208383 sundry charges to profit and loss 533343 total 16916 69 2094 88 4961 77 7417 26 30 Total disbursements 362739 16 IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 3 Automatic premium loans 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 5 Premium notes 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 Check returned by bank unpaid Wy2 Furniture and fixtures 185725 00 67614 94 7094 98 120632 00 27450 39 158208 61 6476 06 95717 21 1304 731 161 64 11103 83 11 Total net or ledger assets as per balance above 681489 39 Other Assets 14 Interest due 35000 and accrued 1 17196 on mortgages 521 96 15 Interest accrued on bonds and stocks 9 15 17 Interest accrued on premiums notes loans or liens 636 72 18 Interest accrued on other assets 214 19 Total carried out 23 Gross premiums due and un reported on policies in force December 31 1910 24 Gross deferred premiums on policies in force Decem ber 31 1910 36 82 841 98 39745 65 4897 13 Totals 25 Deducting loading 878 80 772 51 44642 78 11001 60 3352 02624 ComptrollerGenerals Report 26 Net amount of uneollected and deferred premiums 106 29 33641 18 Extended 28 Total assets as per the books of the company 718588 88 Items Not Admitted 2 Furniture fixtures and safes 11103 83 6 Check returned by bank unpaid 161 64 7 Bills receivable 1j304 73 7i Premium notes and net premiums in ex cess of net value of policies 3990 00 Total 165ti0 20 9 Total assets less items not admitted 702028 68 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to The Actuaries Table of Mortality 1087 50000 with four per cent interest bal ance at 3 519484 00 Deduct net value of risks of this company reinsured in other solvent companies 8773 00 Net reinsurance reserve 510711 00 7 Amounts due and unpaid on annuity claims left on deposit 4 9 8 Present value of unpaid amounts on ma tured installment policies 6801 00 Total policy claims 6805 59 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders left on deposit 4 46395 deduct not due 206286 total 6526 81 16 Amount of any other liability of the company viz Pre miums paid in advance 131460 in suspense 143407 2748 67 total Unearned interest 201580 commissions due agents when notes are paid 293981 total 4955 61 17 Libiliaies on policyholders account 1 0I1 on 18 Gross surplus on policyholder s account70810 702028 68 19 Total liabilities ComptrollerGenerals Report 625 Business in the State of Georgia During the Year No Amount Aumber and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 3011 6664879 00 Number and amount of policies on the lives of citizens of Georgia received during the year 38 83 500 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 1227 2105422 00 Total By removal to other States Deduct number and amount which have ceased to be force during the year 4276 8853801 00 33 58500 00 596 Total number and amount of policies in force in Georgia December 31 1910 3 647 No Amount of losses and claims on policies in Georgia unpaid December 31 of previous year l Amount of losses and claims on policies in Georgia incurred during the year 3X 1140233 00 7655068 00 Amount 2000 00 72565 00 Total 32 Amount of losses and claims on policies in Georgia paid during the year 32 Amount of premiums collected or secured in Georgia during the year in cash 74565 00 74565 00 276460 38 SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OP WEST VIRGINIA Harrison B Smith President A S Alexander Secretary Principal Office Charleston W Va Brutus 1 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 413565 56 Extended at 413565 56 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 43891 77626 ComptrollerGenerals Eeport iy2 Cash received for renewal premiums with out deductions for commissions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new poli cies 2y2 Premium notes loans or liens taken in part payment for renewal premium y2 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 131140 lenewals 249230 total 88878 91 2340 91 18061 41 245 56 153418 56 3803 70 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 13 Cash received for rents for use of companys property 18 Money borrowed cash with applications 5783 premiums paid in advance 16417 total 19 From all other sources viz Adjustment in book values real estate 250000 bonds 547500 total 149614 86 17410 21 1836 03 2797 58 4675 88 900 00 222 00 7975 00 Total income 185431 56 IIIDisbursements for the Year 1910 1 Cash paid for death claims including re versionary additions 34191 65 2 Premium notes loans or liens used in pay ment of the same 35 00 Total 34226 65 7 Total net amount actually paid for losses and matured endowments 9 Premium notes loans or liens used in purchase of surren dered policies 10 Cash dividends paid policyholders 13 Surrender values paid in cash 15 Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 42766 34 34226 65 1170 79 466 09 6802 81 245 56ComptrollerGenerals Report 627 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 2689430 re newals 212308 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 422700 inspec tion of risks 55640 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent 234600 less 197250 received under sublease 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 148845 printing 236418 postage telegrams and telephone 113864 total 28 Cash paid for legal expenses 29 Cash paid for the following items viz Taxes on real estate 14072 general expense 88359 collection 17080 total Balance of charges to loss and gain 161867 agents balances charged off 203787 total Adjustment of death claims 95976 loss on bonds sold 50000 total 29017 38 9395 54 4783 40 16145 27 1073 26 373 50 375 07 4991 27 400 81 1195 11 3656 54 1459 76 30 Total disbursements 115878 81 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrancesd 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force of which 2040232 was received during the year 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances 15000 00 288951 38 64208 18 27422 99 15548 26 40850 00 32 68 24633 79 2321 06 4149 97 11 Total net or ledger assets as per balance above 483 118 31 Other Assets 14 Interest due 109335 and accrued 2 60104 on mortgages 3694 39mm 628 CompteolleeGenerals Eepoet 291 25 1065 84 15 Interest accrued on bonds and stocks 16 Interest due 46158 and accrued 60426 on collateral loans 17 Interest due 59759 and accrued 2864 on premiums notes loans or liens 19 Eents due Total carried out 22 50 New Business 23 Gross premiums due and un reported on policies in force December 31 1910 24 Gross deferred premiums on policies in force Decem ber 31 1910 204 60 1806 79 Benewals 6729 93 3519 50 Totals 25 Deducting loading 2011 39 928 06 10249 43 1490 06 26 Net amount of uncollected and deferred premiums 1083 33 8759 37 Extended 27 Furniture fixtures and safes 200000 printing and sta tionery 100000 total 28 Total assets as per the books of the company Items Not Admitted 2 Furniture fixtures and safes 3 Commuted commissions 5 Agents balances 7 Bills receivable 8 Supplies printed matter and stationery Collateral loans in excess of amount actu ally loaned 100000 check returned 3862 total 2000 00 2011 11 7183 49 2321 06 1000 00 1038 62 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 1910 computed according to The American Experience Table of Mortality with 3 per cent interest 211922 59 5712 19 9842 70 3000 00 501673 20 15554 28 486118 92ComptrollerGenerals Report 629 Deduct net value of risks of this company reinsured in other solvent companies 3381 11 Net reinsurance reserve t Reserve on account of preferred dividend additions 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 6979 39 9 Unclaimed surrender values on cancelled Plicies 209 09 Total policy claims 10 Due for reinsurance 11 Notes discounted with recourse 12 Amount of national State or other taxes due 13 Amount due on account of office expenses 16 Amount of any other liability of the company viz Pre miums paid in advance 16417 unearned interest 2 44847 total Commissions due agents 15000 due when premium notes are paid 39287 cash with applications 5783 total 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities Business in the State of Georgia During the Year No Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 116 Number and amount of policies on the lives of citizens of Georgia issued during the year 102 208541 48 8574 20 7188 IS 1114 91 2773 84 754 30 670 09 2612 64 600 70 232830 64 253288 28 Total 218 Deduct number and amount which have ceased to be in force during the year 57 Total number and amount of policies in force in Georgia December 31 1910 161 No Amount of losses and claims on policies in Georgia incurred during the year 5 Total 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 5 5 486118 92 Amount 216698 00 165180 00 381878 00 77268 00 304610 00 Amount 7458 65 7458 65 7458 65 8609 30630 ComptrolleeGeneeals Eepoet THE TRAVELERS INSURANCE COMPANY OF HABTFORD CONN Home Office No 700 Main Street Hartford Connecticut Sylvester C Dunham President Louis F Butler Secretary James A Williamson Atlanta Attorney for Service m Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 52271584 82 52281584 82 4 Extended at v IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 4875992 for first years reinsurance 6 Surrender values applied to pay first year s 421 94 premiums 7 Total first year s premiums on original poli cies 979613 17 8 Dividends applied to purchase paidup addi tions and annuities 21181 9 Surrender values applied to purchase paid up insurance and annuities 3091 65 10 Consideration for original annuities involv ing life contingencies 54880 99 11 Consideration for supplementary contracts involving life contingencies 500 00 12 Total new premiums 1059267 81 13 Eenewal premiums without deduction for commissions or other expenses less 146 33727 for reinsurance on renewals 6068773 38 14 Dividends applied to pay renewal premiums 36300 65 16 Surrender values applied to pay renewal pre 1607 30 miums 17 Eenewal premiums for deferred annuities 678 27 18 Total renewal premiums 6107359 60 fc 7 166 627 41 19 Total premium income 20 Consideration for supplementary contracts not involving 41101 UU life contingencies 23 Gross interest on mortgage loans less 19 739 26 accrued interest on mortgages ae Muired during 19101033045 80ComptbollebGenebals Repoet 631 25 Gross interest on bonds and dividends on stocks less 805602 accrued interest on bonds acquired during 1910 i us 922 85 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust companies and banks 28 Gross interest on other debts due the com pany 29 Interest on contracts for sale of real estate 31 Gross discount on claims paid in advance 32 Gross rent from companys property in cluding 6794800 for companys occu pancy of its own buildings 85 903 92 365416 08 5514 62 411 06 2613 86 3728 14 33 Total gross interest and rents 35 Profit and loss outstanding drafts not cashed 5600 sal vage on mortgage 32900 total tO Prom agents balances previously charged off 41 Gross profit on sale or maturity of ledger assetsviz Real estate 2034000 bonds 782424 total 42 Gross increase by adjustment in book value of ledger assets viz Bonds 1490032 stocks 300000 total 43 Total income 2615556 33 385 00 64 15 28164 24 17960 32 10239778 45 IIIDisbursements 1 For death claims less 4609500 reinsur ance 210650633 additions 542100 total 2111927 33 2 For matured endowments less 849000 re insurance 853375 92 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 4 For total disability claims 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 42194 to pay renewal premiums 160730 total 8 Surrender values applied to purchase paidup insurance and annuities 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions and annui ties 14 Total paid policyholders 3647029 34 15 Expense of investigation and settlement of policy claims 16 Paid for claims on supplementary contracts not involving life contingencies 2965303 25 31048 96 323 26 587750 33 2029 24 3091 65 36300 65 21182 00 1441 17 380049 23632 CoMPTROLLERGtENERALS REPORT 18 Paid stockholders for interest or dividends 375000 00 18 Discount on premiums paid in advance 2923 88 19 Commissions to agents less commissions on reinsurance First years premiums 41572406 renewal premiums 25513241 annuities original 138916 renewal 1771 total 672263 34 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 36703 97 23 Branch office expenses including salaries of managers and derkg 180266 62 24 Medical examiners fees 6150816 inspection of risks 1493495 total 76443 Jl 25 Salaries and all other compensation of officers directors trustees and home office employees 196463 67 26 Bent including 2038439 for companys occupancy of its own buildings 79614 85 27 Advertising 889293 printing and stationery 2543108 postage telegraph telephone and express 3778226 exchange 170260 total 73808 87 28 Legal expense 5250 06 29 Furniture fixtures and safes 11125 74 30 Bepairs and expenses other than taxes on real estate 16385 34 31 Taxes on real estate 28303 00 32 State taxes on premiums 94896 46 33 Insurance department licenses and fees 9156 62 34 All other licenses fees and taxes viz State county and municipal licenses and fees 386948 State county and municipal taxes 207946 taxes on reserve 631042 Mexican stump tax 12040 federal corporation tax 177189 total 14151 65 38 Other disbursements viz Heat light and miscellaneous expense of offices 1030938 newspapers periodicals and books 209256 miscellaneous expense 689437 mortgage loan expense 2752197 traveling expenses of home office employees 1687867 total 63696 95 45 Agents balances charged off 20 24 45 Profit and loss outstanding drafts charged off 15 00 46 Gross loss oh sale or maturity of ledger assets viz Real estate 265000 bonds 148350 mortgages 60000 total 473350 47 Gross decrease by adjustment in book value of ledger assets viz Real estate 3250000 bonds for amortiza tion of premiums 5368481 total 86184 81 48 Total disbursements 6056107 42 TVLedger Assets 1 Home office real estate 950000 00 Book value of real estate 272838 16ComptrollerGenerals Report 633 2 Mortgage loans on real estate first liens 22 628 010 81 4 Loans made to polieyholders on this companys policies assigned as collateral 7 g7g 73Q 47 5 Premium notes on policies in force of which none is for first years premiums 379 qq 6 Book value of bonds 2290077600 and stocks 1656 66258 total 24557438 58 7 Cash in companys office 7 000 00 9 Deposits in trust companies and banks on interest 660804 28 Total cash items 10 Agents balances debit 667804 28 47 95 12 Total ledger assets 56455255 85 NonLedger Assets 13 Interest due 901055 and accrued 387 48860 on mortgages 396499 15 14 Interest accrued on bonds 340 767 26 21 Total interest and rents due and accrued 737 266 41 23 Market value of bonds and stocks over book value 464418 42 New Business Renewals 25 Gross premiums due and un reported on policies in force December 31 1910 less reinsurance pre miums 8239 11 418359 5S 26 Gross deferred premiums on policies in force Decem ber 31 1910 less rein surance premiums 68662 24 555906 55 27 Totals 28 Deduct loading 76901 35 14426 69 974266 13 88188 85 29 Net amount of uncollected and deferred premiums 62474 886077 28 948551 94 35 Gross assets 58605492 62 Deduct Assets Not Admitted 38 Agents debit balances gross 47 95 45 Admitted assets 58605444 67634 ComptbollerGenekals Report VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of De cember 1910 as computed by the com pany on the following tables of mortality and rates of interest viz 2 American Experience table at 3 per cent on all participating business and upon all policies with surrender values based upon this reserve 3780222 00 Same for reversionary additions 94062 00 Total 3874284 00 3 American Experience table at 3 per cent on all policies not included in section 2 46060622 00 Total 46606622 00 5 Net present value of annuities including those in reduction of premiums viz Emory McClintocks Tables of Mortality among Annuitants with 3 per cent interest 356910 00 Total 356910 00 Total 50837816 00 6 Deduct net value of risks of this company reinsured in other solvent companies 992101 00 49845715 00 7 Eeserve to provide for health and accident benefits con tained in life policies 21000 00 8 Net reserve 49866715 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company less reinsurance reserve of 1867600 3468712 00 10 Liability on policies canceled and not included in net reserve upon which a surrender value may be demanded 20000 00 12 Claims for death losses in process of adjust ment or adjusted and not due 11842 74 13 Claims for death losses which have been reported and no proofs received 160308 00 14 Claims for matured endowments due and unpaid 3873 50 15 Claims for death losses and other policy claims resisted by the company 17000 00 17 Total policy claims 193024 24ComptrollerGenerals Report 635 18 Due and unpaid on supplementary contracts not involving life contingencies 20 Premiums paid in advance including surrender values so applied 21 Unearned interest and rent paid in advance 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 380700 and legal fees 55800 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 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1911 whether contingent upon the payment of renewal premiums or otherwise 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies 35 Reserve special or surplus funds not included above viz Additional for pro rata paidup insurance values 5 00000 additional for deferred reversionary and miscel laneous annuity contracts 1500000 special contingency reserve 5000000 total 40 Premiums paid in advance on applications restorations or changes which have not been accepted by the company 195 00 82988 72 182708 04 31133 00 4365 00 94058 00 4534 58 52438 61 114494 00 70000 00 2411 60 45 TJnassigned funds surplus 4417666 46 Ttal 58605444 67 UNION CENTRAL LIFE INSURANCE COMPANY OF OHIO Jesse R Clark President John D Sage Secretary Principal Office 353 West 4th Street Cincinnati Ohio 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 71462653 55 Extended at 71462653 55 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 265406 96636 ComptrollerGenerals Beport iy2 Cash received for renewal premiums with out deductions for commissions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new policies 2 Premium notes loans or liens taken in part payment for renewal premiums 3 From dividends applied to pay running pre miums 3 Prom dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay run ning premiums 4 From surrender values applied to purchase paidup insurance and annuities 5 Consideration for annuities other than ma tured installment policies 3227210 42 910925 47 4924634 93 847469 33 304459 48 112452 26 55545 53 13189 00 Total 10661293 38 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 1257511 renewals 15538405 total 167959 16 Total premium income Cash received for interest on mortgage loans Cash received for interest on bonds owned and dividends on stock Cash received for interest on premium notes loans or liens Cash received for interest on other debts due the company Cash received as discount on claims paid in advance Cash received for rents for use of companys property in cluding 1160000 for companys own occupancy Cash received for profits on sales of real estate 15 Dividends left on deposit 16 Special Stock dividend deposit From accounts previously charged off From compromise and adjustment of mortgage loans Consideration for supplementary contracts not involving life contingencies 8 9 10 11 12 13 14 17 18 19 10493334 22 3716742 44 500 00 872053 34 22377 73 1008 38 20687 16 19202 48 284 12 40000 00 46559 88 58165 72 137540 88 Total income 15428456 35 IIIDisbursements for the Year 1910 1 Cash paid for death claims including re visionary additions 2459883 35 2 Premium notes loans or liens used in pay ment of the same 26477 26ComptrollerGeneral s Report 3 Cash paid for matured endowments and ad ditions thereto 1259420 55 5 Cash paid for sums falling due during the year on installment policies 70 364 26 637 Total 3816145 42 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 93 953 90 7 Total net amount actually paid for losses and matured en dowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of surren dered policies 3464498 voided by lapse 12789790 9 Premium notes loans or liens used in payment of divi dends to policyliolders 10 Cash dividends paid policyholders and left on deposit 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 658333159 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 44482944 re newals 58499416 total 18 Cash paid for salaries and allowances to managers and agents and other agency expenses 19 Cash paid for medical examiners fees 5358650 inspec tion of risks 369895 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums and renewals 22 Cash paid for taxes on reserves and investments 23 Cash paid for insurance department fees and agents li censes and municipal licenses 24 Cash paid for rent including 1160000 companys occu pancy 25 Cash paid for commuting commissions 26 Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 3123854 printing 21 87231 postage etc 1897192 total Cash paid for real estate expenses other than taxes 2 51522 for legal expenses 4225317 total 27 28 3722191 52 22472 39 162542 88 918 68 662247 11 847469 33 304459 48 693032 41 112452 26 55545 53 50000 00 1029823 60 86464 03 57285 45 330689 12 160498 34 31022 43 24910 56 41038 75 11324 45 8444 63 72082 77 44768 39638 ComptrollerGenerals Report 29 Cash paid for the following items viz Mortgage loan and mortgage expense Profit loss and other miscellaneous disbursements 366795 64 33465 34 30 Total disbursements 8931945 09 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 482808 52 2 Loans on mortgage first liens on real estate 62727958 Sj 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 12ntf f0 5 Premium notes loans or liens on policies in force 2035135 49 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 25000 00 5 337 4l 7 Cash in companys office 8 Cash deposited in banks 670860 95 11 Total net or ledger assets as per balance above 77959164 81 12 Deduct depreciation from cost of assets to bring same to market value 13 Total net or ledger assets less depreciation 77953825 68 Other Assets 14 Interest due 12640311 and accrued 2 20574230 on mortgages 2332145 41 15 Interest due on bonds and stocks 125 00 17 Interest due 5255638 and accrued 418 87820 on premiums notes loans or liens 471434 58 19 Rents due 26615 and accrued 41112 on companys property or lease 677 27 Total carried out 2804382 26 21 Market value of bonds and stocks over cost New Business 250 00 Renewals 23 Gross premiums due and on reported on policies in force Dec 31 1910 56318 86 483457 24 24 Gross deferred premiums on policies in force Decem ber31 1910 12598 26 98725 78 Totals 68917 12 582183 02 ComptrollerGenerals Report 639 25 Deducting loading 20 13783 42 116436 60 26 Net amount of uncollected and deferred premiums 55133 70 465746 42 Extended T 520880 12 28 Total assets as per the books of the company 81279 338 06 Items Not Admitted 9 Total assets less items not admitted 81279338 06 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De ber 1910 computed according to the Actuaries Table of Mortality with four per cent interest 65218971 00 Deduct net value of risks of this company reinsured in other solvent companies 609623 00 Net reinsurance reserve 7777737 64609348 00 4 Claims lor matured endowments due and unPaid 16734 00 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 141 700 24 6 Claims for death losses and other policy claims resisted by the company 21 189 58 8 Present value of unpaid amounts on ma tured installment policies 852 454 go 9 Amount of dividends held by the company on deposit 306 7Q Total policy claims 1032384 52 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 90 263 85 11 Amount of dividends to stockholders credit IOooOO 00 12 Amount of national state or other taxes due or accrued 146006 99 13 Amount due on account of salaries rents and office ex penses 559175 commissions to agents due or con tingent 25741226 total 263 004 01 14 Amount due by the company for medical and legal fees 899 83 15 Cost of collection on unpaid deferred premiums over loading 15471 89 16 Amount of any other liability of the company viz Pre miums paid in advance 10265218 interest and rents paid in advance 7824776 total 180899 94 Surplus credited to special forms of policies 944798700 dividends payable in 1911 216987584 total 11617862 84g40 ComptrollebGenebals Bepobt 11T v 500000 00 17 Capital stock 28 Surplus derived from nonparticipating policies 70a 01 Surplus derived from participating policies 1804 38 19 Total liabilities 81279338 06 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 5591 10294524 00 vious year Number and amount of policies on the lives of citi zens of Georgia issued during the year 932 1081 w Total 6523 12403445 00 Deduct number and amount which have ceased to be in force during the year 832333 00 Total number and amount of policies in force in Georgia December 31 1910 6109 11571112 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 4 6u 00 Amount of losses and claims on policies in Georgia 40 incurred during the year 33 1038b 43 Total 37 10997443 Amount of losses and claims on policies m Georgia 41 37 109974 43 paid during the year T Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses 364437 79 UNION MUTUAL LIFE INSURANCE CO OP PORTLAND MAINE Fred E Richards President ank Lang Secretary Home Office 396 Congress St Portland Maine James L Riler Atlanta Attorney for Service in Georgia ICapita Stock 2 Amount of ledger assets as per balance December 31 of previous year 15620763 57 15620763 57 4 Extended at v ComptrollerGenerals Report 641 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 123970 for first years reinsurance 150049 76 7 Total first years premiums on original policies 150049 76 S Dividends applied to purchase paidup ad ditions and annuities 35 936 11 9 Surrender values applied to purchase paid up insurance and annuities 18793 69 12 Total new premiums 204 779 56 13 Renewal premiums without deduction for commission or other expenses less 40859 for reinsurance on renewals 1970303 21 14 Dividends applied to pay renewal pre miums 58321 85 16 Surrender values applied to pay renewal Premiums 5868 54 18 Total renewal premiums 2034493 60 19 Total premium income 2 239 273 16 20 Consideration for supplementary contracts not involving life contingencies 2g 234 40 21 Dividends left with the company to accumulate at interest 1034 51 23 Gross interest on mortgage loans less 52744 accrued interest on mortgages acquired during 1910 56790 00 24 Gross interest on collateral loans 54115 01 25 Gross interest on bonds and dividends on stocks less 1152334 accrued interest on bonds acquired during 1910 482 093 22 26 Gross interest on premium notes policy loans or liens 55 353 q9 27 Gross interest on deposits in trust com panies and banks 4 532 52 28 Gross interest on other debts due the com pany viz Advance payments on in vestments 56791 on past due coupons 11800 deferred premiums etc 84804 total 1533 95 31 Gross discount on claims paid in advance 118 30642 ComptrollerGenerals Report 32 Gross rent from companys property in cluding 10300 00 for companys occu pancy of its own buildings 33 Total gross interest and rents 34 From other sources viz 35 Borrowed money 36 Sale Crystal Water Co com 105 shares unlisted 37 Profit and loss miscellaneous 50587 57 715223 66 50000 00 2651 25 1049 38 39 Total 41 Gross profit on sale or maturity of ledger assets viz Bonds 593024 stocks 1772685 total 43 Total income 53700 63 23657 09 3059123 45 IIIDisbursements 1 For death claims Additions 725201 75 9241 76 Total 2 For matured and discounted endowments A dditions 734443 51 197865 16 8176 16 Total 3 Not amount paid for losses and matured and discounted endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse less 235557 restorations 5V Loans to policy holders this companys policies as col lateral voided by lapse less 1532247 restorations 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay renewal premiums 8 Surrender values applied to purchase paidup insurance and annuities 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paidup additions and an nuities 13 Dividends left with the company to accumulate at in terest 206041 32 940484 83 1935 45 9602 00 82569 13 191762 73 5868 54 18793 69 50675 oi 58321 85 35936 11 1034 51 14 Total paid policyholders 1396983 85ComptrollerGenerals Keport 643 15 Expense of investigation and settlement of policy claims including 272371 for legal expenses 2728 71 16 Paid for claims on supplementary contracts not involving life contingencies 7 704 66 17 Dividends and interest thereon held on deposit surren dered during the year 52 39 19 Commissions to agents less commission on reinsurance first years premiums 6320657 renewal premiums 12098748 total 184194 05 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 20240 32 23 Branch office expenses including salaries of managers and elerks 39979 81 24 Medical examiners fees 10 011 25 25 Salaries and all other compensation of officers directors trustees and home office employees 88 002 26 26 Bent including 1030000 for companys occupancy of its own buildings less 21700 received under sublease 26279 01 27 Advertising 440958 printing and stationery 735202 postage telegraph telephone and express 424418 exchange 127562 total 17281 40 28 Legal expense not included in item 15 4710 99 29 Furniture fixtures and safes 2 064 40 30 Bepairs and expenses other than taxes on real estate 25007 14 31 Taxes on real estate u 656 58 32 State taxes on premiums 39 g24 84 33 Insurance department licenses and fees 3898 S3 34 All other licenses fees and taxes viz Local licenses fees and privilege taxes 130704 publishing state ments 42655 U S income personal property and miscellaneous 477471 total 6 508 30 38 Other disbursements viz Interest on borrowed money 10000 expenses mortgages 6429 traveling ex penses officers and clerks 125720 miscellaneous ex penses 346589 interest on contested case 57290 borrowed money repaid 5000000 total 55460 28 45 Agents balances charged off 4 855 52 46 Gross loss on sale or maturity of ledger assets viz Beal estate 1967450 bonds 183057 total 21505 07 47 Gross decrease by adjustment in book value of ledger assets viz Collateral loans on securities 350000 real estate 89550 bonds 177556 total 6171 06 48 Total disbursements j 975 20 72 IVLedger Assets 1 Book value of real estate 936 782 37 2 Mortgage loans on real estate first liens 1 261 964 03644 ComptrollerGenerals Report 3 Loans secured by pledge of bonds stocks or other collat gg eral 4 Loans made to policyholders on this company s policies assigned as collateral ml27 24 5 Premium notes on policies in force 6 Book value of bonds 945798075 and stocks 2143 42372 total 463 4 7 Cash in companys office 8 Deposits in trust companies and banks not r 29777 17 on interest 9 Deposits in trust companies and banks on interest 11601404 47 197286 81 Total 10 Agents balances debit 273084 credit 19735 net 227527 40 2533 49 12 Total ledger assets 16704766 3C NonLedger Assets 13 Interest accrued on mortgages 14 Interest due 924000 and accrued 131 62797 on bonds 15 Interest due 1875 and accrued 4 38260 on collateral loans 16 Interest due 1314428 and accrued 25 22774 on premium notes policy loans or liens 20 Kents due 210504 and accrued 1 45532 on companys property or lease 18589 64 140867 97 4401 35 38372 02 3560 36 21 Total interest and rents due and accrued 23 Market value of stocks and bonds over book value 205791 34 5151 16 25 Gross premiums due and unreported on policies in force December 31 1910 26 Gross deferred premiums on premiums in force December 31 1910 New Business Renewals 26958 29 195240 45 15846 71 124947 61 27 Totals 28 Deduct loading 42805 00 320188 06 9274 42 69374 08 29 Net amount of uncollect ed and deferred pre miums 33530 58 250813 98ComptrollerGeneral s Report 645 Extended at 284344 56 35 Gross assets 7200053 36 Deduct Assets Not Admitted 38 Agents debit balances 2730 84 40 Loans on personal security 245 00 41 Premium notes and loans on policies and net premiums in item 27 in excess of the net value of their policies 497 00 42 Book value of ledger assets over market value viz Interest due Seaboard Air Line Railway first mortgage gold 4 per cent 1950 150000 Lancaster and Jefferson Electric Co first mortgage 5 per cent 1922 75000 total 2250 00 Total deductions 5 722 84 45 Admitted assets 17194330 52 VLiabilities Net present value of all the outstanding policies in force on the 31st day of December 1910 as computed by the company on the following table of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all poli cies issued prior to January 1 1901 9787965 00 Same for reversionary additions 68751 00 Total 9856716 00 2 American Experience table at 3 per cent on all policies issued subsequent to January 1 1901 5264102 00 Same for reversionary additions 224594 00 Total 5488696 00 5 Net present value of annuities including those in reduction of premiums viz Actuaries 4 per cent 390 00 American 3 per cent 15125 00 Total 15515 00 Total 15360927 00 6 Deduct net value of risks of this company reinsured in other solvent companies 4 955 00 8 Net reserve 15355972 00646 ComptrollerGeneral s Report 9 Present value of amounts not yet due on supplementary contracts not involving lift contingencies computed by the company at 4 per cent and 3 per cent interest 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 45845 92 91724 55 4629 77 17 19 20 21 22 23 24 26 27 31 45 Total policy claims Dividends left with the company to accumulate at inter est and accrued interest thereon Premiums paid in advance including surrender values so applied j Unearned interest and rent paid in advance Commissions due to agents on premium notes when paid Commissions to agents due or accrued Cost of collection on vmcollected and deferred pre miums in excess of the loading thereon Salaries rents office expenses bills and accounts due or accrued Medical examiners fees 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 Unassigned funds surplus 62817 00 142200 24 1440 94 1840 92 5142 83 3500 00 1100 00 8500 00 5000 00 4300 00 40000 00 13963 33 1548553 26 46 T otal 17194330 52 VIPremium Note Account hand 1 Premium notes loans or liens on December 31 of previous year 2 Received during the year on old policies 3 Restored by revival of policies Total Deductions during the year as follows i Used in payment of losses and claims 5 Used in purchase of surrendered policies 6 Voided by lapse 7 Used in payment of dividends to policy holders 8 Redeemed by the maker in cash 9 Total reduction of premium note account 10 Balance of note assets at end of year 112288 92 188837 36 2355 57 30348185 2271 03 11957 57 1040 52 1352 00 175733 49 192354 61 111127 24 CompteollerGenerals Eeport 647 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 254 346181 15 Policies on the lives of citizens of said State issued during the year 4 9625 94 Total 253 355807 09 Deduct ceased to be in force during the year 17 28511 61 Policies in force December 31 241 327295 48 No Amount Losses and claims incurred during the year 1 3 Oil 61 Total 2 3011 61 Losses and claims settled during the year i 1011 61 Losses and claims unpaid December 31 1 2000 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 11 69851 UNITED STATES ANNUITY AND LIFE INSUEANCE COMPANY OF ILLINOIS Henry A Salzer President William T Smith Secretary Principal Office 42 Madison Street Chicago 111 ICapital stock 1 Amount of capital stock paid up in cash 300000 00 Amount of net or ledger assets December 31 of previous year 448072 42 Increase of capital during 1910 25000 00 Surplus paid in by stockholders 575 00 Extended at 473647 42 IIIncome During Year 1910 1 Cash received for premiums on new policies without deductions for commissions or other expenses 94451 34 1 Cash received for renewal premiums without deductions for commissions or other expenses 141742 19648 ComptrollerGenerals Report 21 Premium notes loans or Hens taken m part payment for renewal premiums 3 From dividends applied to pay running pre miums 5 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 124437 renewals 427594 totali 5369 90 9919 30 5520 31 7 Total premium income v 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 14 Cash received for profits on sales of real estate 16 From dividends and surrender values on reinsurances divi dends left at interest 19 Prom all other sources viz Increase by adjustment in book value of real estate Total income IIIDisbursements for the Year 1910 245962 42 9426 21 11793 81 551 74 4412 43 1976 25 1307 OS 15465 00 290894 94 1 Casli paid for death claims including re visionary additions 2 Premium notes loans or liens used in pay ment of the same 14394 48 32 06 Total 14426 54 7 Total net amount actually paid for losses and matured en dowments 9 Premium notes loans or liens voided by lapse 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paidup additions and annuities left at interest 13 Surrender values paid in cash Total paid policyholders2700210 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 4691470 re newals 2487926 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 867450 inspec tion of risks 208973 total 20 Cash paid for salaries and all other compensation of officers and all other home office employees 14426 54 190 66 9919 30 1307 08 1158 52 13433 18 71793 96 21768 30 10764 23 21990 92ComptrollerGenerals Report 649 21 Cash paid for taxes on new premiums 3248 25 22 Cash paid for XJ S revenue tax 13106 on investments 22350 total 354 56 23 Cash paid for insurance department fees and agents li censes 351345 municipal licenses 4945 total 3562 90 24 Cash paid for rent 2 433 31 26 Cash paid for furniture fixtures and safes for home and agency offices 851 03 27 Cash paid for advertising 47887 printing 91024 post age and exchange 75604 total 2145 15 28 Cash paid for legal expenses 142 82 29 Cash paid for the following items viz Settlement of claims 33012 miscellaneous office expenses 124130 in vestments 88269 total 2 454 11 Agents balances charged off 530 61 Total miscellaneous expenses 15547333 30 Total disbursements 182 475 43 IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 229550 00 4 Loans made in cash to policyholders on this companys poli cies assigned as collateral 8 477 25 5 Premium notes loans or liens on policies in force of which all was received during the year 2 767 64 6 Cost value of bonds and stocks owned excluding accrued in terest at time of purchase 31g 970 50 7 Cash in companys office g 559 gg 8 Cash deposited in banks 17 743 89 11 Total net or ledger assets as per balance above 582066 93 12 Deduct depreciation from cost of assets to bring same to market value 25 157 43 13 Total net or ledger assets less depreciation 556 909 50 Other Assets 14 Interest accrued on mortgages 5003 98 15 Interest accrued on bonds and stocks 660 63 Total carried out 5664 61 21 Market value of bonds and stocks over cost 10000 00 Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 18267 68 24 Gross deferred premiums on policies in force December 31 1910 12085 57 Totals 30353 25650 ComptrollerGenerals Eeport 25 Deduct loading 70 per cent on new and 16 per cent on 6311 li renewals 26 Net amount of uncollected and deterred premiums 24042 06 28 Total assets as per the books of the company o96616 17 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to the Actuaries Table of Mortality with four per cent interest 286006 00 Deduct net value of risks of this company reinsured in other solvent companies 3606 00 Net reinsurance reserve 282400 00 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 5000 00 Total policy claims 5000 0O 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 28388 04 12 Amount of national state or other taxes due 3461 49 13 Amount due on account of salaries rents and office expenses 1581 59 16 Amount of any other liability of the company viz Pre miums paid in advance 108161 interest in advance 21193 total 1293 54 17 Liabilities on policyholders account 322124 66 18 Gross surplus on policyholders account 274491 51 19 Total liabilities 596616 17 20 Estimated profits accrued on Tontine and other policies the profits upon which are especially reserved for that class of policies 421711 21 Estimated surplus accrued on all other policies 24A70 93 Total 28388 04 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 25 44545 00 vious year v ComptrollerGenerals Eeport Number and amount of policies on the lives of citi zens of Georgia issued during the year Total 76 101 651 112928 50 Deduct number and amount which have ceased to be in force during the year 7 157473 50 14309 00 Total number and amount of policies in force in Georgia December 31 1910 94 143 164 50 No Amount of losses and claims on policies in Georgia incurred during the year Amount 1000 00 Total 1000 00 1000 00 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 and notes or credits without any deduction for losses dividends commissions or other expenses 3319 62 VOLUNTEER STATE LIFE INSURANCE COMPANY OF CHATTANOOGA TENN Z C Patten President w H Gould Secretary Principal Office Chattanooga Tenn A W Jackson 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 706886 87 Extended 706886 87 ITIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commissions or other expenses 1 Cash received for renewal premiums without deductions for commissions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new pol cies 2 Premium notes loans or liens taken in part payment for renewal premium 106568 10 274715 96 7908 93 60535 90652 ComptrollerGenerals Keport 3 From dividends applied to pay running premiums 3V From dividends applied to purchase paidup additions and annuities 11528 85 2480 44 Total 463738 18 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 255507 renewals 528769 total 842 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 company 14 Cash received for profits on sales of bonds or stocks 16 Increase in book value of bonds 18 Premiums pending 19 Worthless notes previously written off 20 Agents balances previously charged off Total income 455895 42 27586 27 4026 50 9049 86 2907 36 40 00 463 00 29 75 359 50 4559 96 504917 62 IT IDisbursements for the Year 1 Cash paid for death claims including re visionary additions 66310 00 5 Cash paid for sums falling due during the year on installment policies 850 00 9 10 11 12 13 17 IS Total net amount actually paid for losses and matured endowments Cash paid to annuitants Premium notes loans or Hens voided by lapse Cash dividends paid policyholders Cash dividends applied to pay running premiums Cash dividends applied to purchase paidup additions and annuities Surrender values paid in cash Total paid policyholders Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 6886400 renewals 1456739 total Cash paid for salaries and allowances to managers and agents 67160 00 707 18 4265 43 2426 75 11528 85 2480 44 27872 88 116441 53 83431 39 26466 44ComptrollerGenerals Report 653 19 20 Cash paid for medical examiners fees 1138285 inspec tion of risks 195480 total 13337 65 Cash paid for salaries and all other compensation of offi cers and other home office employees 29270 95 21 Cash paid for taxes on new premiums 128480 on re newals 130938 total 2594 18 22 Cash paid for taxes on assets 2166 90 23 Cash paid for insurance department fees and agents li censes 96550 municipal licenses 131991 total 2285 41 24 Cash paid for rent 1 696 90 26 Cash paid for furniture fixtures and safes for home and agency offices 767 38 27 Cash paid for advertising 489765 printing 214134 postage 167853 telegrams 28960 express 22683 telephone 48120 exchange 19539 total 9910 54 28 Cash paid for real estate expenses other than taxes 38830 for legal expenses 73142 total 1119 72 29 Cash paid for the following items viz Sundry expense 5623 76 Miscellaneous funds paid 1 094 14 30 Total disbursements296 206 89 TVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate i 3 Loans secured by pledge of bonds stocks or other market able collaterals 4 Loans made in cash to policyhoiders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Book value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances 505300 00 55368 63 125432 36 23553 52 12067 00 4500 00 74369 51 2137 10 8315 48 13 Total net or ledger assets 915597 60 Other Assets 14 Interest accrued on mortgages 15 Interest due on bonds and stocks 16 Interest accrued on collateral loans 17 Interest accrued on premiums notes loans or liens Total carried out 11407 39 234 67 827 23 338 19 12807 48654 ComptrollerGenerals Eeport New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1910 24 Gross deferred premiums on policies in force December 31 1910 14849 04 2963 55 27972 77 11754 16 Totals 25 Deducting loading 65 per cent on new and 10 per cent on re newals 26 Net amount of uncollect ed and deferred pre miums Extended 17812 59 39726 93 11578 18 3972 69 6234 41 35754 24 5 Agents balances 7 Bills receivable 9440 07 2137 10 Total Net reinsurance reserve 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 5500 00 6 Claims for death losses and other policy claims resisted by the company 5000 00 S Present value of unpaid amounts on ma tured installment policies 8000 00 41983 65 28 Total assets as per the books of the company 970393 73 Items Not Admitted 11577 17 9 Total assets less items not admitted 958816 56 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1910 computed according to to The Actuaries Table of Mortality with four per cent interest 769163 00 Deduct net value of risks of this company reinsured in other solvent companies 4903 00 764260 00 Total policy claims 18500 00Comptroller General s Repori 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 13 Amount due on aecount of salaries rents and office ex penses 14 Trust funds 16 Amount of any other liability of the company viz Medical fees 108000 unearned interest 335117 commissions due agents on premium notes 203588 total 17 Capital stock 18 Gross surplus on policyholders account 19 Total liabilities VIPremium Note Account 1 Premium notes loans or liens on hand De cember 31 of previous year 23949 97 2 Premium notes loans or liens received dur ing the year in cash 68444 83 Total 92394 80 Deductions during the year as follows Premium liens formally carried in note account 4391 58 Carried to suspended note account 6913 60 Eedeemed by maker in cash 57536 10 Total reduction of premium note account 68841 28 Balance note assets at end of the year 23553 52 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 916 1409286 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 371 591620 00 Total 1287 2000906 00 Deduct number and amount which have ceased to be in force during the year 222 298804 00 Total number and amount of policies in force in Georgia December 31 1910 1065 1702102 0O 655 904 20 882 95 4888 74 6467 05 100000 00 62913 62 958816 56 656 ComptrollerGenerals Eeport No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1 a000 ou Amount of losses and claims on policies in Georgia incurred during the year 6 12000 0U Total 17000 00 Amount of losses and claims on policies in Georgia paid during the year 6 12000 00 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 5462015 AMEEICAN ASSURANCE ASSOCIATION OF ATLANTA GEORGIA J W Hurt President S H Beam Secretary Principal Office 710712 Gould Bldg Atlanta Ga S H Beam 710712 Gould Bldg Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 5637 38 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 789 25 2 Annual dues 16019 5 Total paid by members 16808 30 5 Interest 87 50 Total disbursements 16643 21 IIIDisbursements During Year 1910 1 Losses and claims 5427 84 2 Annual payments and assessments returned to members 23 90 Total paid to members 5451 74 3 Commissions or fees retained by or paid to agents 8083 20 4 Commissions and fees retained by or paid to officers and di rectors 362 00 6 Medical examiners fees whether paid direct by members or otherwise 363 00 8 Rent 27500 taxes 13150 auditing 28000 total 686 50 10 Interest 6928 blanks and printing 17890 total 248 18 COMPTBOLLEEGrENEEAL s EEPOET 657 11 All other items viz Legal service 14072 postage 2490 165 62 Telephone and miscellaneous 282 53 Total disbursements 10 343 27 IVInvested Assets 5 Cost value of stocks and bonds owned absolutely 5050 00 6 Cash in office 284 89 Office furniture ggg q2 10 Total net or ledger assets 5 9 91 11 Deduct depreciations from cost of assets to bring same to market value 305 q9 Total not or ledger assets less depreciation 5 584 g9 VContingent Assets 19 Weekly payments or premiums due and unpaid on member ships in force 391 05 20 Annual payments or premiums in process of collection not yet dlle 18664 00 21 Total due from members 19 055 05 22 Deduct estimated cost of collection 3811 01 23 Net amount due from members 15 244 04 Total assets 20828 Q3 VILiabilities 2 Losses in process of adjustment or adjusted and not due 35 00 Printing and stationery 94 16 Total liabilities 00 ib VIIExhibit of Certificates or Policies Policies or certificates in force December 31 1909 2499 50 998 00 Policies or certificates written during the year 1910 5040 131482 00 Total 7539 182480 00 Deduct number and amount which have ceased to be in force during 1910 4142 85240 00 Total policies or certificates in force December 31 1910 3397 97240 00658 ComptrollerGenerals Eeport Losses and claims on policies or certificates unpaid December 31 1910 1 35 00 Losses and claims on policies or certificates incurred during the year 1910 1475 5427 84 Total M75 5427 84 Losses and claims on policies or certificates paid during the year 1910 1475 5427 84 AMERICAN INSURANCE COMPANY OF SAVANNAH GEORGIA J R Morton President M L Sutherland Secretary Principal Office 115 Park Ave W Savannah Ga Gordon Saussy 103 St Julian Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous year 8584 02 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 3 Assessments 12938 36 Total paid by members 12938 36 5 Interest 291 50 7 Cash received from all other sources viz Borrowed 1 58550 guarantee fund 500000 bills receivable 7000 total 6555 50 Total income 19885 36 IIDisbursements During Year 1910 1 Losses and claims 6542 Total paid to members 6542 75 3 Commissions and fees retained by or paid to agents 4143 96 5 Salaries and traveling expenses of managers of agencies and general special and local agents 4120 00 6 Medical examiners fees whether paid directly by the members or otherwise 35 25 7 Salaries and other compensation of officers and other office employees 1583 00 8 Taxes 260 46 10 Blanks and printing oiv vCOMPTROLLERGrENERALS REPORT 659 11 All other items viz Bills payable retired 203000 bills receivable 7000 borrowed money paid 75550 fuel lights etc 9073 insurance and interest 36844 re turn premiums 275 tran exp 075 total 3318 17 Total disbursements 20 322 99 IVInvested Assets 1 Cost value of real estate in cash exclusive of all incum twanees 2000 00 5 Cost value of bonds and stocks owned absolutely 4700 00 6 Cash in office 125 55 All other deposits The Peoples Bank of Savannah 1001 34 9 All other ledger assets viz Furniture and fixtures 11950 Printed matter 20000 total 319 50 Total net or ledger assets 8 146 39 VContingent Assets 12 Interest accrued 43 75 Total assets 8 190 u VILiabilities 7 Borrowed money including interest due or accrued 1000 00 9 Amount of all other liability viz Guarantee fund 12 500 00 Total liabilities 13500 00 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1909 1038 42788 00 Policies or certificates written during the year 1910 12534 521744 50 Total 13572 564532 50 Deduct number and amount which have ceased to be in force during 1910 8959 378484 75 Total policies or certificates in force December 31 191 4613 186047 75 Losses and claims on policies or certificates incurred during the year 1910 2057 6542 76 Losses and claims on policies or certificates paid during the year 1910 2057 6542 75660 CompteollebGeneeals Kepobt AMERICAN LIFE AND ANNUITY COMPANY OF GEORGIA Ben S Calhoun President T K Bowles Secretary Principal Office 4078 Forsyth Bldg Atlanta Ga Wm A Wright State Capitol Atlanta Attorney for Service in Georgia IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 7 Cash and demand notes and bonds received from all other sources vi Income certificates 21000 00 Total income 21000 00 IIDisbursements During Year 1910 Charter and fee paid to State Secretary 102 50 Total disbursements 102 50 IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 20000 00 6 Cash in office 197 50 9 All other ledger assets viz Demand note secured 700 00 10 Total net or ledger assets 20897 50 ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA A F Herndon President E W Howell Secretary Principal Office 202 Auburn Ave Atlanta Ga Wm A Wright Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 13354 41 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 2796 10 2 Annual dues 122146 49 Total paid by members 124942 5910 11 10 11 12 19 20 21 ComptrollerGenerals Eeport 661 Interest on bonds 275 00 Cash received from all other sources viz Revivals reserve sale of guarantee certificates and all other sources 20425 08 Total income 145642 67 IIIDisbursements During Year 1910 Losses and claims 55 971 17 Total paid to members 55971 17 Commissions and fees retained by or paid to agents 34559 01 Salaries and traveling expenses of managers of agencies and general special and local agents 6495 36 Salaries and other compensation of officers and other office employees 2988 50 Rent 66800 taxes 130128 total 1969 28 Advertising 56030 blanks and printing 84402 total 1404 32 All other items viz Fuel light settlement in full of in debtedness to A F Herndon for expenses of organiza tion and sundries for home and branch offices 39424 97 Total expenses items 3 to 118684144 Total disbursements 142 812 61 IVInvested Assets Cost value of bonds owned absolutely 5500 00 Cash in office 235 40 Total 3088 73 Agents ledger balances 4 402 10 All other ledger assets viz Supplies vaults machines fix tures and equipment for home and branch offices 14840 75 Total net or ledger assets 16 184 47 Deduct depreciations from cost of assets to bring same to market value 2427 67 Total net or ledger assets less depreciation 41823 78 VContingent Assets Interest due and accrued on bonds 137 50 Annual payments or premiums due and unpaid on mem berships in force 5134 60 Annual payments or premiums in process of collection not yet due 146967 00 Total due from members 152101 60662 ComptrollerGenerals Report 22 Deduct estimated cost of collection 38025 40 23 Net amount due from members 114076 20 Total assets 156537 48 VILiabilities 9 Amount of all liability viz Printing 40000 calendars and other advertising 57500 interest on guarantee certificates 48000 total I455 00 Total liabilities M55 00 VIIExhibit of Certificates or Policies Policies or certificates in force December 31 1909 23304 567903 20 Policies or certificates written during the year 1910 33491 828434 35 Total 56795 1396337 55 Deduct number and amount which have ceased to be in force during 191028891 713442 15 Total policies or certificates in force December 31 1910 27904 682895 40 Losses and claims on policies or certificates incurred during the year 1910 55971 17 Total 55971 17 Losses and claims on policies or certificates paid during the year 1910 55971 17 Business in Georgia During 1910 Policies or certificates in force December 31 190922056 496162 50 Policies or certificates written during the year 3910 23013 635159 30 Total 45069 1131321 80 Deduct number and amount which have ceased to be in force during 1910 21766 537551 80 Total policies in force December 31 191023303 593770 00 Losses and claims on policies or certificates incurred during the year 1910 41821 95 Total 41821 95 Losses and claims on policies or certificates paid during the year 1910 41821 95 ComptrollerGeneral s Report 663 bankeb8 health and life insubance company of georgia P L Hay President P C Carries Secretary Principal Office 608609610 Grand Bldg Macon Ga C A Glawson Grand Bldg Macon Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 1 10495 28 Less cash items due from agents 389 44 Total 10105 84 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 4041 25 2 Annual dues 121541 25 Total paid by members 125582 50 5 Interest 322 50 Total income 125905 00 IIIDisbursements During Year 1910 1 Losses and claims 48530 00 2 Annual payments and assessments returned to members 211 15 Total paid to members 48741 15 3 Commissions and fees retained by or paid to agents 49482 88 4 Commissions and fees retained by or paid to officers and directors 13758 99 5 Salaries and traveling expenses of managers of agencies and general special and local agents 3768 45 7 Salaries and other compensation of officers and other office employees 1660 05 8 Bent 168000 taxes 121009 total 2890 09 9 Advanced to officers and agents to be repaid out of future salaries or commissions 272 08 10 Advertising and blanks and printing 1545 42 11 All other items viz Furniture and fixtures attorneys fees postage fuel and lights express etc 2340 99 Total expenses footings of items 3 to 117560745 Total disbursements 124460 10664 ComptrollerGenerals Report IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 5000 00 6 Cash in office 540 35 7 Cash deposited in banks on reserved fund account viz Citi zens National Bank Macon Ga 2000 00 All other deposits viz Citizens National Bank 889 79 8 Agents ledger balances and advances 272 08 9 All other ledger assets viz Furniture and fixtures 3000 00 10 Total net or ledger assets 11702 22 VContingent Assets 19 Annual payments or premiums due and unpaid on member ships in force 3116 95 20 Annual payments or premiums in process of collection not yet due 77694 76 21 Total due from members 80811 71 22 Deduct estimated cost of collection at 25 20202 93 23 Net amount due from members 60608 78 24 All other assets viz Books and printing 500 00 Total 61108 78 Total assets 72811 00 Business in Georgia During 1910 Policies and certificates in force December 31 1909 27120 596640 00 Policies or certificates written during the year 1910 30522 808250 08 Total 57642 1404890 00 Deduct number and amount which have ceased to be in force during 1910 30040 803090 00 Total policies in force December 31 191027602 601800 00 Losses and claims on policies or certificates incurred during the year 1910 48530 00 Losses and claims on policies or certificates paid during the year 1910 48530 00 CONTINENTAL AID ASSOCIATION OF ATLANTA GEORGIA IS M Cross President LeRoy Smith Secretary Principal Office Empire Bldg Atlanta Ga B M Cross 76 Oak St Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous vear 5788 34ComptrollerGenerals Report IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows Membership fees Annual dues 665 Total income IIIDisbursements During Year 1910 Losses and claims Total paid to members i Brought forward from 1909 66 10 Salaries and traveling expenses of managers of agencies and general special and local agents 31891 47 8 10 11 Total Salaries and other compensation of officers and other office employees Kent 126047 taxes 47101 total Blanks and printing All other items viz Interest 7573 attorneys fees 5180 guarantee fund certificate account 59600 Auditing books by insurance department 21125 miscel laneous expenses 168667 total Bills payable 10 12 Total net or ledger assets VContingent Assets Interest due 3113 50 68948 91 Total paid by members 72062 41 Interest 200 50 Cash received from all other sources viz Accounts payable 48 98 72311 89 28933 62 28933 62 31957 57 4890 56 1731 48 634 50 723 53 1897 92 1250 00 Total disbursements 72019 18 IVInvested Assets Cost value of bonds and stocks owned absolutely 5100 00 All other deposits viz Fourth Natl Bank Atlanta 231 40 Agents ledger balances 23 61 All other ledger assets viz Furniture and fixtures 71964 bills receivable 640 total 726 04 6081 05 200 00666 ComptrollerGenerals Report 1416 15 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 46368 40 21 Total due from members 22 Deduct estimated cost of collection 47784 55 9556 91 23 Net amount due from members Total assets VILiabilities 7 Borrowed money including interest due or accrued 9 Amount of all other liability viz Accounts payable Total liabilities VIIExhibit of Certificates or Policies No Policies or certificates in force December 81 1909 10913 Policies or certificates written during the year 1910 21012 38227 64 44508 69 150 00 48 98 198 98 Amount 244898 25 765073 30 Total 31925 1009971 55 Deduct number and amount which have ceased to be in force during 1910 18742 695037 55 Total policies or certificates in force December 31 1910 13183 314934 00 Losses and claims on policies or certificates incurred during the year 1910 28933 62 Losses and claims on policies or certificates paid during the year 1910 28933 62 CHEROKEE INSURANCE COMPANY OF GEORGIA H E Kelley President G K Henshall Secretary IBalance Sheet Amount of net or ledger assets December 31 of previous year 263 56ComptrollerGenerals Report IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 2 Annual dues 3 Assessments premiums Total paid by members 5 Interest 7 Cash received from all other sources Total income IIIDisbursements During Year 1910 1 Losses and claims Total paid to members 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 Eent 9 Advanced to officers and agents to be repaid out of future salaries or commissions 10 Advertising 1450 blanks and printing 109795 total 11 All other items viz Exchange and discount 410090 legal fees 48510 postage 2624 furniture and fix tures 125681 office expenses 100248 total Total disbursements IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 7 Cash deposited in banks on reserve fund account viz At lanta National Bank 10000 1st National Bank Rome 600895 Bank of Lockport 90000 Citizens Rome 66227 Exchange Bank Rome 50000 Cherokee Rome 449374 total All other deposits viz Time deposits sundry banks 9 All other ledger assets viz Bills receivable Total net or ledger assets VILiabilities 6 For salaries rents and office expenses Total liabilities 667 115 80 553 76 669 56 461 20 50733 63 51864 39 212 00 212 00 4931 21 22 00 4200 39 592 80 10775 42 1112 45 6871 59 28717 86 5000 00 12754 96 5602 33 52 80 23410 09 413 66 413 66668 ComptrollerGenerals Report VIIExhibit of Certificates or Policies Business in Georgia During 1910 No Amount Policies or certificates written during the year 1910 2676 387557 00 Total 2676 387557 00 Deduct number and amount which have ceased to be in force during 1910 148 22270 00 Total policies in force December 31 1910 2528 365287 00 Losses and claims on policies or certificates incurred during the year 1910 1 212 00 Losses and claims on policies or certificates paid dur ing the year 1910 1 212 00 DALLAS MUTUAL FIRE INSURANCE COMPANY OF DALLAS GA Geo W Cooper President R Russom Secretary A L Baxtlett Attorney for Service in Georgia Have Not Yet Commenced Business FARMERS MUTUAL FIRE INSURANCE COMPANY OF GEORGIA B F Melton President W H Gurr Secretary Principal Office Dawson Ga IIIncome During Year 1910 Cross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 800 00 2 Annual dues 922 00 3 Assessments 4750 20 Total paid by members 6472 20 Total income 6472 20 111Disbursements During Year 1910 1 Losses and claims 4750 20 2 Annual payments and assessments returned to members 486 60 Total paid to members 5236 80 3 Commissions and fees retained by or paid to agents 800 00COMPTKOLLERGrENEKAL g REPORT 669 4 Commissions retained by or paid to officers and directors 100 00 8 Taxes 265 40 10 Blanks and printing 70 00 Total disbursements 6472 20 VILiabilities 2 Losses in process of adjustment or adjusted and not due 1050 00 Total liabilities 1050 00 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1909 990 1164000 00 Policies or certificates written during the year 1910 113 160000 00 Total 1103 1324000 00 Deduct number and amount which have ceased to be in force during 1910 67 82000 00 Total policies or certificates in force December 31 1910 1036 1242000 00 Losses and claims on policies or certificates unpaid December 31 1909 1 500 00 Losses and claims on policies or certificates incurred during the year 1910 45 5300 20 Total 46 5800 20 FABMEBS COOPEBAT1VE FIRE INSURANCE CO OP GEORGIA J M Ball President J T Goodman Secretary Principal Office Jackson Ga J F Carmichael Attorney for Service in Georgia IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 1342 22 3 Assessments for losses by fire paid 7816 00 Total paid by members 9158 22 Total income 9158 22670 ComptrollerGenerals Report IIIDisbursements During Year 1910 2 Payments and assessments returned to members for loss by fire 7816 00 3 Commissions and fees retained by or paid to agents 765 43 4 Commissions and fees retained by or paid to officers and di rectors 35 86 5 Salaries and traveling expenses of managers of agencies and general special and local agents 52 82 7 Salaries and license fees 200 00 10 Advertising 300 blanks and printing 6120 total 64 20 Total disbursements 8934 31 IVInvested Assets 6 Cash in office 223 11 VILiabilities 5 National state or other taxes due fee for license 200 00 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 4560 4365190 00 Policies or certificates written during the year 1910 440 255442 00 Total 5000 4620632 00 Deduct number and amount which have ceased to be in force during 1910 249 77773 00 Total policies or certificates in force December 311910 4751 4543859 00 Losses and claims on policies or certificates paid dur ing the year 1910 7816 00 FARMERS MUTUAL INSURANCE COMPANY OF GEORGIA H M Hamrick President J F Hurt Secretary Principal Office Calhoun Ga J G B Envin Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous vear 200 28 307 25 4282 94 1961 79 6551 98 200 28 10000 00 CoMPTROLLEBGrENERAL S BEPORT 671 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 2 Annual dues 3 Assessments Total paid by members 7 Cash received from all other sources viz Amount brought forward Reserve fdr protection of policyholders Total income 16752 26 IIIDisbursements During Year 1910 1 Losses and claims paid for fires 2269 64 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 7 Salaries and other compensation of officers and other office employees attorney and stenographer 8 Taxes 10 Blanks and printing 11 All other items viz Stamps and stationery Total disbursements IVInvested Assets 7 Cash deposited in banks on reserve fund account viz Bank of Fairmount All other deposits viz Bank of Fairmount Total net or ledger assets 12389 09 VIIExhibit of Certificates or Policies Business in Georgia During 1910 No Amount Policies or certificates in force December 31 1910 and went into effect December 1 1911 474 460150 00 Total policies or certificates in force December 31 1910 474 460450 00 2269 64 1070 08 377 00 107 65 268 85 152 95 60 00 4363 17 10000 00 2389 09672 ComptrollerGenerals Report farmers protective fiee insurance company of georgia J L Chupp President J C Johnson SeeyTreas Principal Office Lithonia Ga D A Philips Lithonia Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous year 1235 86 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Premiums 1116 28 3 Assessments 3265 31 Total income 4381 59 IIIDisbursements During Year 1910 3 Commissions and fees retained by agents 553 14 4 Commissions and fees retained by or paid to officers and directors 150 00 7 Salaries and other compensation of officers and other office employees 50 00 8 Taxes 19 95 10 Advertising 1850 blanks and printing 750 all other items viz License to State 20000 legal service 25000 losses paid 302500 total 3475 00 Total disbursements 4274 09 IVInvested Assets i Cash in office 107 50 Total net or ledger assets 107 50 VILiabilities 2 Losses in process of adjustment or adjusted and not due 200 00 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 851 781627 00 Policies or certificates written during the year 1910 97 189107 00 Total 781627 00ComptrollerGenerals Eeport 673 Deduct number and amount which have ceased to be in force during 1910 40 48685 00 Total policies or certificates in force December 31 1910 851 781627 00 Losses and claims on policies or certificates unpaid December 31 1910 200 00 Losses and claims on policies or certificates incurred during the year 1910 6 3655 00 Losses and claims on policies or certificates paid dur ing the year 1910 3025 00 GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF AUGUSTA GEORGIA J S Harper President H C Dugas Secretary Principal Office Corner 9th and Gwinnett Sts Augusta Ga A M Sherrill Augusta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previ 0118 year 6106 95 IIIncome During Year 1910 Gross amount paid by members to the Association or its Agents without deductions for commissions or other ex penses as follows 1 Membership fees 2 057 77 2 Annual dues 50438 84 Total paid by members g g2 496 61 7 Cash received from all other sources viz Guarantee income certificates reserves etc lg 47g 7r Total income 67975 36 IIIDisbursements During Year 1910 1 Losses and claims 21 997 rs Total paid to members 21 297 68 3 Commissions and fees retained by or paid to agents 18 921 40 5 Salaries and traveling expenses of managers of agencies and general special and local agents 5 g3 35 7 Salaries and other compensation to officers and other home office employees 5375 40674 ComptrollerGenerals Report 8 Rent 86370 taxes 125259 10 Advertising 45182 blanks and printing 85739 11 All other items viz Directors notes bills payable 1090500 miscellaneous equipment supplies etc 203269 balance forward 9284 total 67734 36 Total disbursements IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 5250 00 6 Cash in office gg 57 lotal 2 9gg oi 8 Agents ledger balances 9 All other ledger assets viz Safes adding machines type l2oo i writers etc Total Net or ledger assets less depreciation 6347 8 VContingent Assets 41 60 12 Interest due and accrued 19 Annual payments or premiums due and un paid on memberships in force 3354 la 20 Annual payments or premiums in process of collection not yet due 7I396 00 21 Total due from members 74750 15 22 Deduct estimated cost of collection 18687 53 23 Net amount due from members 0D Total assets YITExhibit of Certificates or Policies Policies or certificates in force December 31 1909 7228 194019 00 Policies or certificates written luring the year 1910 15764 419ol0 00 T j 22992 613529 00 Deduct number and amount which have ceased to be j i mm 11124 338929 00 in force during 1910 Total policies or certificates in force December 31 1910 n868 274600 00 Losses and claims on policies or certificates incurred ii iom 7358 2113r 68 during the year 1910 Losses and claims on policies or certificates paid during the year 1910 TComptrollerGenerals Report 675 georgia mutual fire insurance company of dublin ga A W Garrett President T E Toole Secretary Principal Office Dublin Ga T E Toole Attorney for Service in Georgia IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued thereon 4 Value of lands mortgaged exclusive of buildings and perishable improvements 40000 00 6 Total value of said mortgaged premises 50000 00 13 Cash belonging to the company deposited in banks viz First National Dublin Ga Fourth National Macon Ga City Na tional Dublin Ga Citizens National Macon Ga total 1819 81 Total 17 Cash in hands of agents and in course of transmission Office furniture and supplies Total assets of the company actual cash market value 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 471205 unearned premiums fifty per cent 8 Gross premiifms without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 233012 un earned premiums pro rata 2356 03 2100 12 11 Total unearned premiums as computed above carried out 18 Amount of borrowed money Total 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 the year 27300 00 300 00 1819 81 3531 78 986 23 33937 82 4456 15 5000 00 9456 15 24481 67 33937 82 7042 17676 ComptrollerGenerals Beport 6 Deduct premiums and bills in course of collection ot this date 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses 1919 60 Net amount paid during the year for losses 6 Paid for commissions or brokerage 7 Paid for salaries fees and all 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 Railroad fares stamps stationery office supplies agency supplies Aggregate amount of actual expenditures during the year in cash i 3531 78 3510 39 1919 60 553 53 545 15 386 23 1965 44 5369 95 VI Miscellaneous Eisks and Premiums Fire Risks Premiums Thereon 2 Written or renewed during 1910 420244 00 8424 01 4 Deduct those expired and marked off as terminated in 1910 64910 00 1381 84 7 Net amount in force 355334 00 Business in Georgia During 1910 Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 7042 17 420244 00 7042 17 1919 60 1919 60 GERMAN MUTUAL FIRE INSURANCE COMPANY OF SAVANNAH GEORGIA C H Koneman President Fred Weasels Jr Secretary Principal Office 17 Bay Street East Savannah Ga U II McLaws Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 39533 03 ComptrollerGenerals Report 677 IIIncome During Year 1910 Gross amount paid by members to the Association or its Agents without deductions for commissions or other ex penses as follows 1 Membership fees received in cash from premiums 11972 68 Merest s103 76 i Cash received from all other sources viz Guarantee fund 15879 23 Total income g ej HIDisbursements During Year 1910 1 Losses and claims 077 q 5 Salaries and traveling expenses of managers of agencies and general special and local agents 2 016 50 8 Rent 42000 taxes 47860 adjusting services 1541 913 41 10 Advertising 37445 blanks and printing 5235 total 426 80 11 All other items viz Sundry office expenses 430 16 Interest on guarantee fund 2 078 35 Total disbursements g o 17 IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 40030 00 4 Loans made in cash to members on this companys certifi cates assigned as collateral 3 500 00 5 Cost value of bonds and stocks owned absolutely 409 25 6 Cash in office general department Commercial Bank 3 77349 savings Commercial Bank 203036 total 5803 85 7 Cash deposited in banks on reserved fund account viz Ger mania 200000 Savannah Trust Co 200000 Georgia State 100000 Oglethorpe Savings Trust Co 1 00000 Peoples 100000 Peoples Savings Loan Co 100000 total 8 000 00 Bills receivable 99 40 8 Ledger balances j 9gg q3 9 All other ledger assets viz Furniture and Fixtures 135 00 Total net or ledger assets 63 745 53 VContingent Assets 24 All other assets viz 10 on amount of insurance in force being 95077000 at 10 9577 00 Total assets 158822 53g78 ComptrollebGenebals Report VILiabilities 9 Amount of all other liability viz Guarantee fund paid in 40752 59 Total liabilities 40752 59 VIIExhibit of Certificates or Policies Policies or certificates in force December 31 1909 1st half January to June 30 1910 448 567870 00 Policies or certificates written during the year 1910 2d half July to December 31 1910 332 382900 00 Total policies dr certificates in force December 31 1910 780 950770 00 Losses and claims on policies or certificates incurred during the year 1910 n 877 9 Losses and claims on policies or certificates paid dur ing the year 1910 ll 877 95 GREAT AMERICAN COOPERATIVE FIRE ASSOCIATION OF MACON GEORGIA E L Martin President E W Gould Secretary Principal Office 355 Third Street Macon Ga L D Moore 355 Third St Macon Attorney for Service in Georgia TBalance Sheet Amount of net or ledger assets December 31 of previous 480 19 year v IIIncome During Year 1910 Gross amount paid by members to the Association or its Agents without deductions for commissions or other ex penses as follows 2 Annual dues z4dj 16 2432 13 Total income TILDisbursements During Year 1910 1 Losses and claims 628 63 2 Annual payments and assessments returned to members 1 13 Total paid to members 629 76 ComptrollerGenerals Report 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 10996 taxes 3958 total 9 Advanced to officers and agents to be repaid out offuture salaries or commissions 10 Advertising 500 blanks and printing 1400 total 11 All other items viz Express stamps etc Total disbursements VContingent Assets 13 Rents due and accrued 16 Due from members for claims not yet as sessed 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 21 Total due from members 22 Deduct estimated cost of collection 23 Net amount due from members 24 All other assets viz Cash Advance to agents 30 00 1747 80 220 60 214 37 2212 77 713 00 1499 77 407 60 150 00 679 213 56 67 50 224 75 149 54 150 00 19 00 50 61 2504 72 Total assets 2057 37 VILiabilities 2 Losses in process of adjustment or adjusted and not due 300 00 4 Losses resisted by the company 250 00 VIIExhibit of Certificates or Policies Business in Georgia During 1910 Policies or certificates in force December 31 1909 440 Policies or certificates written during the year 1910 460 Total policies in force December 31 1910 393 125200 00 Total 900 256088 00 Deduct number and amount which have ceased to be in force during 1910 507 89349 00 Losses and claims on policies or certificates unpaid December 31 1910 3 300 00680 ComptrollerGenerals Report Losses and claims on policies or certificates incurred the year 1910 33 928 63 Losses and claims on policies or certificates paid dur ing the year 1910 10 628 63 GUARANTY AID AND RELIEF SOCIETY OF SAVANNAH GEORGIA L E Williams President Walter S Scott Secretary Principal Office 468 West Broad St Savannah Ga IBalance Sheet Amount of net or ledger assets December 31st of previous year 5461 93 IIIDisbursements During Year 1910 Gross amount paid by members to the Association or its Agents without deductions for commissions or other ex penses as follows 1 Membership fees 536 45 2 Annual payments and assessments returned to members 8 30 Total paid by members 20025 95 5 Interest 225 00 Total income 20250 95 IIIDisbursements During Year 1910 1 Losses and claims 8040 97 2 Annual payments and assessments returned to members 8 30 Total paid to members 8049 21 3 Commissions and fees retained by or paid to agents 5481 00 5 Salaries and traveling expenses of managers of agencies and general special and local agents 1360 84 6 Medical examiners fees whether paid direct by members or otherwise oO 00 7 Salaries and other compensation of officers and other office employees 2902 00 8 Rent 30500 taxes 22021 total 525 21 10 Advertising 23745 blanks and printing 17830 total 415 75 11 All other items viz Interest 36540 auditors 25790 postage and incidentals 32464 total 947 94 Total disbursements 19732 01 iComptrollerGenerals Eeport 681 TVInvested Assets 5 Cost value of bonds and stocks owned absolutely and held as reserve fund 6 Cash in office 7 All other deposits viz The Wage Earners Loan In vestment Co 9 All other ledger assets viz Furniture and fixtures 150 00 10 Total net or ledger assets Tmi87 VContingent Assets 19 Annual payments or premiums due and un paid on memberships in force 604 55 20 Annual payments on premiums in process of collection not yet due 23 540 40 21 Total due from members 24 144 95 22 Deduct estimated cost of collection 6o36 24 23 Total amount due from members 18 108 71 Total assets A 7 24089 58 VILiabilities 9 Borrowed money J 4200 00 Total liabilities 4200 00 Business in the State of Georgia During the Year r No Amount Policies or certificates in force December 31 1909 3212 82 236 50 Policies or certificates written during the year 1910 4915 125l38 50 no7aI J1 8127 207375 00 Deduct number and amount which have ceased to be in force during 1910 4136 106261 00 Total policies in force December 31 1910 3991 101 114 00 Losses and claims on policies or certificates incurred during the year 1910 2668 8m Q T Ttal 2668 8040 97 Losses and claims on policies or certificates paid during the year 1910 2668 8040 97682 ComptrollerGenerals Report HOME FRIENDLY SOCIETY OF BALTIMORE MD B L Talley Secretary Geo A Chase President t 1 0 am Principal Office 1026 Lindan Ave Baltimore Md Geo L DeGant Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year IIIncome During Year 1910 1366 85 1 Membership fees 443 460 92 3 Assessments looiV 1a 4 For medical examiners fees stationary 1831 and duplicates 5170 total 234 87 Total paid by members 5 Interest 6 Bents received from all other sources viz Agents ad 7 Cash vance returned On real estate sold above cost Total income f 445062 64 1606 50 600 00 116 20 750 00 448135 34 IIIDisbursements During Year 1910 1 Losses and claims 2 Annual payments and assessments returned to members 35950 and dividends 143762 total 228639 00 1797 12 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 n 8 Bent 234600 taxes 390627 attorney fees 39000 total 9 Advanced to officers and agents to be repaid out of future salaries or commissions 10 Advertising 11 All other items viz Postage 71807 interest 25947 real estate expenses 12982 total Agents bond returned All other items of expense 230436 12 43421 64 92208 50 5022 20 39259 51 6642 27 158 35 6464 73 1107 36 50 00 5822 01 Total disbursements 430592 69ComptrollerGenerals Report 683 IVInvested Assets 1 Cost value of real estate in cash exclusive of all incum brances 3 5 Cost value of bonds and stocks owned absolutely 6 Cash in office 7 Cash deposited in banks viz Old Town Bank 13 86756 Commonwealth Bank 1318 Commonwealth Savings Bank 108075 Central Savings Bank 1 07122 Provident Savings Bank 107908 Eutaw Sav ings Bank 108428 Baltimore Trust and Guarantee Co 6833 total All other deposits viz On deposit in banks and offices at agencies 9 All other assets viz Bills 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 12 Interest accrued 15 Market value of bonds and stocks over cost 18 Mortuary assessments not yet due 10448 40 21 Total due from members 22 Deduct estimated cost of collection 10448 40 1567 26 23 Net amount due from members Total assets VILiabilities 1 Losses due and unpaid Total liabilities Business in the State of Georgia During the Year No Policies or certificates in force December 311909 10970 Policies or certificates written during the year 1910 4300 7129 81 61970 95 705 89 18264 40 17650 83 4040 00 109761 88 1068 45 108693 43 1612 00 2870 19 8881 14 122056 76 1000 00 1000 00 Amount 770900 00 301000 00 Total 15270 1071900 00684 ComptbollebGteneeals Kepobt Deduct number and amount which have ceased to be in force during 1910 5669 399830 00 Total policies in force December 31 1910 9601 672070 00 Losses and claims on policies or certificates in curred during the year 1910 9197 30925 92 Total 9197 30925 92 Losses and claims on policies or certificates paid luring the year 1910 9197 30925 92 HOME MUTUAL FIRE INSUEANCE CO OF BRUNSWICK GA R W Durden President N D Cowart Secretary Principal Office Boom 4 Opera Building Brunswick Ga Officers of Company Attorneys 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 1260 00 2 Annual dues 941 80 Total paid by members 2i20l 80 7 Cash received from all other sources viz Ineorporators 1092 68 Total income 3294 48 IIIDisbursements During the Year Losses and claims 9 Total paid to members 90 00 3 Commissions and fees retained by or paid to agents and expenses 1015 60 4 Commissions and fees retained by or paid to officers and directors 265 80 5 Salaries and traveling expenses of managers of agencies and general special and local agents 194 14 7 Salaries and other compensation of officers and other office employees 153 80 8 Bent 7000 licenses and taxes 32489 total 394 89 10 Blanks and printing 220 25 11 All other items viz Office furniture 150 00 Total disbursements 3294 48 ComptrollerGenerals Eeport 685 IVInvested Assets 9 Office furniture 50 qq Total net or ledger assets 150 qq VContingent Assets 19 Annual payments or premiums due and unpaid on memberships in force 4170 00 23 Net amount due from members 4 170 00 Total assets 4320 Q0 VILiabilities 8 To officers or others for advances on account of expenses of organization 1092 68 Total liabilities i qq2 gg Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1910 1421 1065725 00 Policies or certificates written during the year 1910 1428 Total 1428 1066925 00 Deduct number and amount which have ceased to be in force during 1910 7 1200 00 Total policies or certificates in force December 31 1910 1421 1065725 00 Losses and claims on policies or certificates paid during the year 1910 5 900 00 INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF ATLANTA GEORGIA J N McEachern Persident J M Sheffield Secretary Walter McElreath Atlanta Ga Attorney for Service in Georgia Principal Office 502511 Austell Bldg Atlanta Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious year 56763 32686 ComptrollerGenerals Report IIIncome During Year 1910 1 Membership fees 2 Annual dues Total paid by members 5 Interest Total income IIIDisbursements During Year 1910 1 Losses and claims viz Death 3167675 indemnity 16560580 total 2 Annual payments and assessments returned to members Total paid to members 3 Commissions and fees retained by or paid to agents 4 Commissions and fees retained by or paid to officers and directors 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 Rents 649525 taxes 427190 total 10 Advertising and blanks and printing 11 Postage express telephone and telegraph 232141 ex change 7895 attorney fees 156045 furniture and fixtures 39220 interest 181402 all others 5 52780 total Total disbursements IVInvested Assets 14986 15 475436 35 490422 50 1889 50 492312 00 197282 55 8991 60 206274 15 194204 39 41600 00 12975 92 90 50 799150 00 10767 15 4669 47 11694 83 490267 91 2 Loans on bond and mortgagefirst liens on real estate 5 Cost value of bonds and stocks owned absolutely 7 Cash deposited in banks viz Third National Atlanta Ga 1254739 Merchants National Bank Raleigh N C 66633 total 9 All other assets viz Cash in hands of agents 10 Total net or ledger assets VContingent Assets 12 Interest accrued 512 50 20650 00 24500 on 132 13 72 443 89 58807 41ComptrollerGenerals Report 687 20 Annual payments or premiums in process of collection not yet due 298040 60 21 Total due from members 298040 60 22 Deduct estimated cost of collection 74510 60 23 Net amount due from members 223530 00 24 All other assets viz Furniture and fixtures 750000 books and printing 50000 total 8000 00 Total assets 291349 91 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1909 53569 1222352 00 Policies or certificates written during the year 1910 64231 906947 00 Total 117800 2129299 00 Deduct number and amount which have ceased to be in force during 1910 60503 S84706 00 Total policies in force December 31 1910 57297 1244593 00 Losses and claims on policies or certificates incurred during the year 1910 36278 157005 90 T0tai 36278 157005 90 Losses and claims on policies or certificates paid during the year 36278 157005 90 MERCHANTS LIFE ASSOCIATION OF BURLINGTON IOWA John J Seerley President A B Hawkins Secretary Principal Office National State Bank Bldg Burlington Iowa C Gordon Cain Macon Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious year 520956 25 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 94246 74688 ComptrollerGeneral s Eeport 2 Reserve fund 3 First year expense 1140023 mortuary 3135182 total 4 Subsequent expense 7536583 mortuary 22660513 total Total paid by members 5 Interest on mortgages 1306744 bonds and stocks 76000 other sources 676110 total 7 Cash received from all other sources viz Change of beneficiary 14400 reinstatement fees 48800 total Total income IIIDisbursements During the Year 1910 1 Losses and claims paid Guarantee fund returned to beneficiaries 2 Annual payments and assessments returned to rejecter applicants and to members of cancelled certificates Total paid to members 3 Commissions and fees retained by or paid to agents on account of first years fees dues assessments or pre miums 9874403 subsequent 1193009 total 5 Commissions paid or allowed to banks or collectors for collecting assessments 6 Medical examiners fees whether paid direct by members or otherwise 7 Salaries and other compensation of officers and other office employees 8 Bent 9 Taxes on income 392656 insurance department fees and licenses 198200 municipal licenses 57997 total 10 Advertising 88138 blanks and printing 316279 total Advanced by directors 11 All other items viz Miscellaneous 78818 other items 45775 telegrams 21659 express 48059 station ery 101916 postage 845306 traveling expense 198654 inspection of risks 55800 total Total disbursements IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 3 Reserve fund notes of members in good standing 5 Cost value of bonds and stocks owned absolutely 6 Deposit Missouri State Department 95310 71 42752 65 301970 96 534280 46 20588 54 632 00 55501 00 i 258333 32 207 00 28764 33 287304 65 110674 12 3536 20 8497 50 28459 71 800 00 6489 31 5403 85 4500 00 13959 87 469625 21 354816 20 152566 00 18000 00 1000 00CompteollerGteneeals Beport 7 Cash deposited in banks on reserved fund account viz Merchants National Bank 5483952 National State Bank 1034651 GermanAmerican Savings Bank 5 30600 Burlington Savings Bank 591812 total 8 Agents ledger balances Total net or ledger assets less depreciation VContingent Assets 12 Interest accrued 1172100 mortgages 14000 bonds 35374 total 18 Mortuary assessments to become due but only to the extent of the amount neces sary to meet unpaid claims 12214 74 8000 00 23 Net amount due from members 689 76410 15 4382 51 Total 607174 86 11 Deduct future call fund 342 82 606832 04 20214 74 Total 627046 78 24 Deduct items not admittedReserve Fund notes 152566 00 Total assets 474480 VILiabilities 2 Bosses in process of adjustment or adjusted and not due number of claims 4 8000 00 6 For salaries rents and office expenses 6772 12 9 Amount of all other liability viz Advanced by direc tors 7 000 00 Total Business in the State of Georgia During the Year Policies or certificates written during the year 1910 Total 21772 12 22000 00 22000 00 MUTUAL LIFE INDUSTRIAL ASSOCIATION OF ATHENS GEORGIA Jno A Darwin President Jas L Webb Secretary Principal Office 313318 Southern Mutual Bldg Athens Ga Wm A Wright Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious year i 55101 32 690 ComptbollerGenebals Eepobt ITIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows g 0 1 Membership fees Q 2 Annual dues QQ 30 3 Assessments 219685 4S Total paid by members 7 Cash received from all other sources viz Commission account 221246 98 Total income HIDisbursements During Year 1910 170522 00 1 Losses and claims 170522 00 Total paid to membersv 3 Commissions and fees retained by or paid to agents 10 10 4 Commissions and fees retained by or paid to officers and directors of divisions 5 Salaries and traveling expenses of managers of agencies and general special and local agents oy 7 Salaries and other compensation of officers and other office employees 8 Rent 108000 taxes 254517 total 10 Advertising 8635 blanks and printing 77980 total 11 All other items viz Expenses 162815 express 5774 postage 121396 attorneys fees 23750 00 3lo ou total 214182 78 Total disbursements IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 20000 00 6 Cash in office 7 Cash deposited in banks on reserved account 4 16579 DO 9 All other ledger assets n t 62165 52 Total net or ledger assets VContingent Assets 15 Market value of bonds and stocks over cost 4000 00 ComptkolleeGteneeals Repobt 691 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1909 14822 12006469 00 Policies or certificates written during the year 1910 930 622400 00 Total 15752 12628869 00 Deduct number and amount which have ceased to be in force during 1910 8712 7232269 00 Total policies in force December 31 1910 7040 5396600 00 Dosses and claims on policies or certificates in curred during the year 1910 226 76083 00 Total 226 76083 00 Losses and claims on policies or certificates paid during the year 1910 226 76083 00 MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION OF SAVANNAH GEORGIA A Rauzen President J M Wood Secretary Principal Office 326 West Broad St Savannah Ga Officers of Company Attorneys for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious year 6095 00 IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Application fees 3306 35 2 Weekly dues 48982 65 Total paid by members 52289 00 5 Interest 230 92 7 Cash received from other sources viz Income bonds 1400 00 lasfli in bank 409 92 Total income 54329 84 IIIDisbursements During the Year 1910 1 Losses and claims viz Death 241520 sick 16 25665 total 18671 85 2 Weekly payments and assessments returned to members 292 46 Total paid to members 18964 31692 CompteollerGeneeals Eepoet 3 Commissions and fees retained by or paid to agents 4 Commissions and fees retained by or paid to officers and directors 5 Salaries and traveling expenses of managers of agencies and general special and local agents 6 Medical examiners fees whether paid direct by members or otherwise 7 Salaries and other compensation of officers and other office employees S Kent 45505 taxes 21102 total 9 Depreciation on bonds 10 Blanks and printing 11 All other items viz Miscellaneous expense 7035 auditing 34990 total Furniture and fixtures Total disbursements 25673 25 1125 00 4799 75 150 00 1523 00 666 07 300 00 396 30 420 25 246 30 54264 23 IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 6 Cash in office 7 Cash deposited in bank on reserved account viz Ex change Bank 9 All other ledger assets viz Furniture and fixtures Total Depreciation on office furniture Total net or ledger assets less depreciation VContingent Assets 19 Weekly payments or premiums due and un paid on memberships in force 667 95 20 Annual payments or premiums in process of collection not yet due 67170 00 5450 00 90 91 274 70 490 65 6306 26 145 65 6160 61 21 Total due from members 67837 95 22 Deduct estimated cost of collection 20 per cent 13567 59 23 Net amount due from members Total assets 54270 36 60430 97ComptrollerGenerals Beport 693 Business in the State of Georgia During the Year Policies or certificates in force December 31 1910 OT1 64473 Pohcres or certificates written during the year 1910 20051 JS Z Total deduct number andamount which have cVased iobe 5m 5 force during 1910 Total policies in force December 31 1910 7l475 77 Losses and claims on policies or certificates in curred during the year 1910 50u 85 Total Losses and claims oapolicVesoreertifiespaid 1861 dunng the year 1910 gg NATIONAL LIFE ASSOCIATION OF PES MOINES IOWA J B Sullivan President Wm A Wnght Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious year r 387300 22 IIIncome During the Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 3 Assessments 89942 5 302221 85 Total paid by members I 5 Interest 392163 90 7 Cash received from ail other sources viz Sundries 12358 69704 Des Moines National Bank overdraft 5 23161 agents commission 26961 total 6 19g 2g Total income 410720 55 HIDisbursements During Year 1910 1 Losses and claims 2 Annual payments and assessmentreturned to members JJS 95 Total paid to members 137280 95694 ComptrollerGenerals Report 10 n 12 Commissions and fees retained by or paid to agents Commissions and fees retained by or paid to banks Salaries and traveling expenses of managers of agencies and general special and local agents Medical examiners fees whether paid direct by members or otherwise Salaries and other compensation of officers and other office employees Rent 184550 taxes 446800 total Advertising 67029 blanks and printing 273309 total All other items viz Furniture 41228 legal expenses 80084 interest on prem 100000 inspection of risks 229166 express telephone and telegrams 39215 postage 196828 sundries 343329 total Lapse on reserve fund bills receivable 92121 88 1600 05 2626 75 10751 20 20647 25 6313 50 3403 38 10298 50 48856 42 Total disbursements 333899 88 IVInvested Assets 2 Loans on bonds and mortgage first liens on real estate 6 Cash in office 7 Cash deposited in banks on reserved fund account viz Des Moines National Bank 833529 Iowa National Bank 1153905 Citizens National Bank 10293 Sun dry deposits banks 10800 total 9 All other ledger assets viz Keserve fund bills receiv able not yet due 228720 00 3608 54 20085 27 211959 42 Total Less trust fund advance payments Total net or ledger assets VContingent Assets 12 Interest due 160100 and accrued 626705 total 18 Mortuary assessments not yet due 21500 00 23 Net amount due from members 24 All other assets viz Agents commissions 26961 fur niture and fixtures 223515 total 464373 23 252 34 464120 89 7868 05 21500 00 2504 76 Total assets 495993 70 VILiabilities 2 Losses in process of adjustment or adjusted and not due number of claims 10 5 National State or other taxes due 21500 00 1760 62Comptroller General s Report 695 7 Overdraft Des Moines National Bank 8 To officers or others for advances on account of organiza tion previous to January 1 1907 5231 61 4748 35 Total liabilities 33240 58 NATIONAL ASSURANCE COMPANY OP ATLANTA GA H C Conley President S E Smith Secretary Principal Office 1113 Candler Bldg Atlanta Ga H C Conley Atlanta Attorney for Service in Georgia IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 7 Cash deposited in banks viz Guarantee Trust Bank ing Co 5000 00 1700 00 Total net or ledger assets 6700 00 NORTH CAROLINA MUTUAL AND PROVIDENT ASSOCIATION OP DURHAM NORTH CAROLINA John Merriek President A M Moore Secretary Home Orifice Durham North Carolina IBalance Prom Previous Year Ledger assets December 31st of previous year 82658 17 IIIncome 11 Gross amount of assessments for expenses 237 843 02 19 Total paid by members 24 Interest from all other sources 25 Gross rent from associations property in cluding 55000 for associations occu pancy of its own buildings 237843 02 475 00 6114 33 Total 32 Sundry receipts 6589 33 806 01 48 Total income 245238 3 IIIDisbursements 1 Death claims 3 Sickness 5 Other benefits endowments 28689 31 57447 07 338 81 9 Total paid to members 3475 19 696 ComptrollerGenerals Report 16 18 20 11 Salaries of agents 12 Salaries of managers not officers 13 Salaries of officers and directors or trustees Salaries of home office employees Salaries and fees paid to chief medical examiners whether paid direct by members or otherwise Traveling and other expenses of officers trustees and committees and agents 21 Commissions paid or allowed to banks or collectors for collection and remittance of assessments and dues 22 Insurance department fees 176545 licenses and other fees 48067 total 22a Agents licenses 23 Rent including 55000 for Associations occupany of its own buildings fuel lights water telegraph telephone fire insurance premiums and office supplies etc 24 Advertising printing and stationery 25 Postage express telegraph and telephone branch office ex penses 29 Legal expense in litigating claims 5000 other legal ex penses 19177 total Furniture and fixtures 31 Taxes on real estate 76353 repairs and other expenses on real estate 188377 total 35 Sundries donations 38 Retired notes on real estate 8040 00 2800 00 8800 00 7595 37 2892 00 4584 80 84327 62 2246 12 253 50 3268 08 4283 74 6971 08 51 Total disbursements 241 25 235 15 2647 80 200 00 6000 00 232361 20 IVLedger Assets 1 Book value of real estate unencumbered 69318 00 2 Mortgage loans on real estate first liens 250 00 3 Loans secured by pledge of bonds stocks or other col lateral 2000 00 4 Book value of stocks excluding interest 2000 00 5 Deposited in trust companies and banks on interest 13400 00 6 Cash in associations office 72718 deposited in banks not on interest 702692 total 7754 10 7 Agents debit balances 591 51 8 Other ledger assets viz Loans on policies 221 72 10 Total ledger assets 95535 33 NonLedger Assets 14 Interest due 402 00 15 Rents due 180 00 16 Total interest and rents due and accrued 582 00ComptrollebGtenebals Eepoet 697 17 Market value of real estate over book value 10 000 00 22 Furniture fixtures and safes 00 0000 00 31 Gross assets 111117 33 Deduct Assets Not Admitted 32 Agents debit balances 591 51 34 Book value of real estate over market value oR T 10000 00 36 Loans on personal security 2 000 3 Other items viz Furniture fixtures and safes 5000 00 Total 17591 51 41 Total admitted assets I 93525 82 VLiabilities 4 Death claims reported but not yet ad justed A 170 00 18 Total unpaid claims 21 Borrowed money 17 00 15000 00 29 Total liabilities 15170 00 PILGRIM HEALTH AND LIFE INSURANCE CO OF AUGUSTA GA H C Young President T Principal Office 1143 Gwinnett St Augusta Ga Wm A Wrigiht Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious jear 11481 88 IIIncome During Year 1910 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 3928 40 139027 25 Total paid by members iT6l698 ComptrollerGenerals Eeport 5 Interest 7 Cash received from all other sources viz Deficiencies accounts reserve refunded advance etc 265 94 8016 60 Total income 151238 19 IIIDisbursements During Year 1910 t 1 Losses and claims 2 Annual payments and assessments returned to members 66229 51 115 89 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 em ployees 8 Bent 123300 taxes 127089 total 9 Advanced to officers and agents to be repaid out of future salaries or commissions 10 Advertising 4960 blanks and printing 162895 total 11 All other items viz Furniture fixtures reserve re funded balance due district express postage etc Total disbursements IVInvested Assets 66345 40 36949 44 21156 30 8 25 8247 46 2503 89 293 67 1678 55 11653 23 148836 19 5 Cost value of stocks and bonds owned absolutely 6 Cash in office 7 Cash deposited in banks on reserved fund account viz IrishAmerican Bank Union 97524 Georgia Railroad 69997 Citizens 63003 total All other deposits viz Mutual Light and Water Co Brunswick Ga i All other assets viz Furniture and fixtures 5200 00 356 08 4219 56 2305 24 3 00 1800 00 Total net or ledger assets VContingent Assets 12 Interest due and accrued 19 Annual payments or premiums due and unpaid on memberships in force 4498 50 20 Annual payments or premiums in process of collection not yet due 3391 05 13883 88 100 00 21 Total due from members 7889 55ComptrolleeGenebal s Report 22 Deduct estimated cost of collection 1999 88 23 Net amount due from members Total assets VILiabilities 1 Losses due and unpaid number of claims 451 5 National State or other taxes due 6 For salaries rents and office expenses 7 Interest due or accrued 9 Amount of all other liability viz Furniture office sup plies printing and agents reserve 699 5889 67 19873 55 1394 09 24 32 35 95 296 00 1508 59 Total liabilities 4 Business in the State of Georgia During the Year No Policies or certificates in force December 31 1910 20078 Policies or certificates written during the year 1910 26047 Total 46125 Deduct number and amount which have ceased to be in force during 1910 18074 Total policies in force December 31 1910 28051 Losses and claims on policies or certificates in curred during the year 1910 20467 3258 95 Amount 412550 00 656270 00 1068820 00 596910 00 471910 00 66272 01 Total 20467 66272 01 Losses and claims on policies or certificates paid during the year 1910 20464 66229 51 SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OF THOMASVTLLE GEORGIA C L Heald President Robt Alexander Secretary Principal Office Thomasville Ga E L Neal Thomasville Attorney for Service in Georgia IIIncome During the Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 3 Membership fees oq9 q700 ComptrollerGenerals Eeport 3 Assessments 185 85 4 Taxes 16 01 Total paid by members 4f3 96 7 Cash received from all other sources viz Advanced by incorporators 200 00 Total income 693 96 IIIDisbursements During Year 1910 2 Total paid to members 185 85 3 Commissions and fees retained by or paid to agents 175 26 4 Commissions and fees retained by or paid to officers and directors 116 84 8 Taxes 16 01 11 All other items viz License to State for 1910 200 00 Total disbursements 693 96 VILiabilities 8 To officers or others for advances on account of expenses of organization 16 00 Total liabilities 156 00 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1910 259 24179100 Policies or certificates written during the year 1910 76 71987 00 Total policies in force December 31 1910 335 313778 00 Losses and claims on policies or certificates in curred during the year 1910 1 185 85 Losses and claims on policies or certificates paid during the year 1910 1 185 85 SUNLIGHT INSURANCE COMPANY OP ATLANTA GEORGIA 5 J Sheffield President H S Penn Secretary Principal Office 1426 Empire Bldg Atlanta Ga Walter McElreath Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of pre vious year 1098 39ComptbollebGenebals Bepobt HIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 2 Annual dues Total income InDisbursements During Tear 1910 1 Losses and claims 2 Annual payments and assessments returned to members Total paid to members 3 Commissions and fees retained by or paid to agents 4 Commissions and fees retained by ox paid to officers and directors 8 Bent 33600 taxes 26275 total 10 Advertising 44514 blanks and printing W88 total 11 All other items viz Office furniture 5395 postage and express 6230 telephone and telegraph 6341 total Total disbursements TvInvested Assets 6 Cash in office 7 Cash deposited in banks on reserved fund account Total net or ledger assets VContingent Assets 19 Annual payments or premiums due and unpaid on memberships in force 20 Annual payments or premiums in process of collection not yet due 3048 35 28004 60 21 Total due from members 22 Deduct estimated cost of collection 25 per cent 31052 75 7763 18 23 Net amount due from members 24 All other assets viz Office furniture 22500 books and blanks 32500 total 701 15923 25 15923 25 2036 82 59 70 2096 52 10540 40 1040 00 598 75 1117 52 179 66 15572 85 361 00 1149 29 1510 29 23289 57 550 00 Total assets 25349 86702 ComptrollerGenerals Keport Business in the State of Georgia During the Year Policies or certificates in force December 31 1909 1757 308200 01 Policies or certificates written during the year 1910 6401 794450 00 Total 8158 1102650 00 Deduct number and amount which have ceased to be j j mm 4819 575300 00 in force during 1910 ola Total policies in force December 31 1910 3339 527350 00 SOUTHERN LLVE STOCK INSURANCE COMPANY OF DALLAS GA R D Leonard President W L Hunter Secretary Principal Office Dallas Georgia R E L Whitworth Dallas Attorney for Service in Georgia IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows j 0443 62 1 Membership fees 5 44H 62 Total paid by members 7 Cash received from all other sources viz Advances or ganization purposes 6829 12 Total income IIIDisbursements During Year 1910 2322 00 1 Losses and claims 232 00 Total paid to members 3 Commissions and fees retained by or paid to agents 1316 21 5 Salaries and traveling expenses of managers of agencies and general special and local agents 93 30 7 Salaries and other compensation of officers and other office employees 8 Rent 3000 taxes 2116 total 5 16 9 Advanced to officers and agents to be repaid out of future OC Of salaries or commissions 10 Blanks and printing 173 33 LI All other items viz Licenses 10325 expense 56594 refunded premium 125 cancelled insurance 47861 memberships due 57688 total 1725 80 Total disbursements 6681 63CoMPTROLLEKGrENEKAL s REPORT 703 IVInvested Assets 6 Cash in office g 09 9 All other ledger assets viz Fixtures 141 20 Total net or ledger assets 147 4y VContingent Assets 19 Annual payments or premiums due and unpaid on memberships in force 576 88 21 Total due from members 576 88 22 Deduct estimated cost of collection 25 00 23 Net amount due from members 551 Sy 24 Other assets viz Due from agents 28 00 Total assets 07 x7 VILiabilities S To officers or others for advances on account of expenses of organization 4 335 jq Total liabilities 305 q Business in the State of Georgia During the Year No Amount Policies or certificates written during the year 1910 1537 202 308 25 TotaI 1537 202308 25 Deduct number and amount which have ceased to be in force during 1910 148 18315 25 Total policies in force December 31 1910 1389 183 993 00 Losses and claims on policies or certificates in curred during the year 1910 17 3322 00 TotaI 17 2322 00 Losses and claims on policies or certificates paid during the year 1910 17 2 322 00IM 704 ComptrollerGenerals Report southern states fire insurance company of athens ga H S West President H M Rylee Secretary Principal Office Cor Clayton St and College Ave Athens Ga Shackelford Shackelford Athens Attorneys for Service in Georgia IIAssets 13 Cash belonging to the company deposited in bank viz Citizens Bank Trust Co Athens Ga 1737 58 Total cash items 1737 58 17 Cash in hands of agents and in course of transmission 1180 69 18 All other assets of the company both real and personal 3240 00 Total assets of the company actual cash market value 6830 52 IIILiabilities 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 93700 unearned premiums fifty per cent 468 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 235890 un earned premiums pro rata 1988 45 11 Total unearned premiums as computed above carried out 2456 95 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 102 40 Total 2559 35 23 Surplus beyond capital and all other liabilities including directors notes 4271 17 24 Aggregate amount of all liabilities including capital paid up and net surplus 6830 52 IVIncome During the Year 7 Entire premiums collected during the year Cash 329940 notes 67225 total 3971 65g ComptrollerGenerals Eeport 705 644 7o 8 Deduct reinsurance and return premiums ll Srt f tUally reCeiVed fr Premiums iedout 1 982 40 11 Received for interests and divide1 lends on stocks and bonds collateral loans and from all other sources 1 bo 15 Aggregate amount of year in cash income actually received during the VExpenditures During the Year 1 Gross amount actually paid for losses 2 50 1984 05 Net amount paid during the year for losses b Paid for commissions or brokerage 7 Paid for salaries fees and other charges ofofficersclerks agents and all other employees 8 Paid for State National and local taxes inthis and other states 9 All other payments and expenditures viz Rents sup plies fixtures etc l 2 50 823 97 97 00 208 00 210 55 Aggregate amount of actual expenditures during the year in cash vLRisks and Premiums 1342 02 2 ritten or renewed during 1910 Fire Risks Premiums Thereon 185685 00 3 Total 4 Deduct those expired and marked off as terminated in 1910 185685 00 28050 00 3971 65 644 35 157635 00 5 In force at end of year 1910 Business in the State of Georgia During the Year Fire risks written 3327 30 Premiums received gross Losses paid Losses incurred 157635 00 3295 90 2 50 2 50 UNION MUTUAL ASSOCIATION OF ATLANTA GA T W Walker President Wm T3 m Lnskell Secretary Pnneipal Office 210 Auburn Aye Atlanta Ga Wm A Wright Atlanta Attorney for Service in Georgia LBalance Sheet Amount of net or ledger assets December 31st of vious year pre 15631 15 706 ComptkollebGenekals Report IIIncome During Year 1910 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 9 849 75 1 Membership fees 2 Annual dues 4 135 526 45 Total paid by members 100 00 5 Interest 7 Cash received from all otiher sources viz Eevivals de ficieneies and cash other sources 137968 88 Total income IIIDisbursements During Year 1910 3 59647 02 1 Losses and claims 2 Annual payments and assessments returned to members 59692 62 Total paid members i 3 Commissions and fees retained by or paid to agents 4 Commissions and fees retained by or paid to officers and directors 5 Salaries and traveling expenses of managers of agencies and general special and local agents 6 Medical examiners fees whether paid direct by members or otherwise 7 Salaries and other compensation of officers and other office employees 8 Bent 173307 taxes 130330 total dud0 10 Advertising 1438 29 blanks and printing 78011 g 21g 40 total 11 All other items viz Postage water light fuel attor ney fees express furniture insurance supplies and sundries Total disbursements 131884 71 IVInvested Assets 3 Loans secured by pledge of bonds stock or other market able collaterals rinn nn 5 Cost value of bonds and stocks owned absolutely iw i r 230 72 6 Cash in office 7 Cash deposited in banks on reserved fund account total 105 00 All other deposits Atlanta National Bank 476604 Atlanta State Savings Bank 40000 total 5166 04 T 1837 75 Notes ComptrollerGeneral s Eeport 707 S Agents ledger balances 2 700 75 9 All other assets viz Safes typewriters adding ma chine furniture fixtures and supplies 5800 00 Total net or ledger assets 21 715 26 VContingent Assets 12 Interest due 100 00 19 Annual payments of premiums due and unpaid on memberships in force 2700 75 20 Annual payments or premiums in process of collection not yet due 147070 80 21 Total due from members 149771 35 22 Deduct cost of collection 52 420 05 23 Net amount due from members 97 351 50 Total assets 97551 50 VILiabilities 4 Losses resisted by the company 2 772 50 Total liabilities t 9 772 50 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1909 30540 839850 00 Policies or certificates written during the year 1910 20948 531407 00 Total 51488 1371257 00 Deduct number and amount which have ceased to be in force during 1910 l682i 451040 00 Total policies or certificates in force December 31 1910 34667 920217 00 Losses and claims on policies or certificates incurred during the year 1910 30213 59692 62 Total 30213 59692 62 UNION FIRE INSURANCE COMPANY OF ATLANTA GEORGIA Thos V McAfee President T j shepard Secretarv Principal Office Austell Bldg Atlanta Ga Lawton Nalley Attorney for Service in Georgia TBalance Sheet Amount of net or ledger assets December 31st of pre vious year i orr J 4877 77 708 CompteollerGeneeals Eepoet Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees Total paid by members 7 Cash received from all other sources viz Interest loans etc Total income IIIDisbursements During Year 1910 1 Losses and claims 2 Annual payments and assessments returned to members 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 21000 taxes 22981 total 10 Advertising 770 blanks and printing 19375 total 11 All other items viz Incidentals Total disbursements IVInvested Assets 7 Cash deposited in banks on reserved fund account Office furniture and supplies 8 Agents ledger balances 9 All other ledger assets viz Bills receivable Total net or ledger assets VContingent Assets 19 Annual payments or premiums due and unpaid on memberships in force 20 Annual payments or premiums in process of collection not yet due 812 90 610 30 21 Total due from members Total assets 3086 06 3086 06 859 81 3945 87 537 70 56 42 594 12 494 50 29 50 1679 00 439 81 201 45 346 75 3785 13 496 03 950 00 520 16 1643 06 3609 25 1429 26 5038 51 VILiabilities 1 Losses due and unpaid 550 00ComptrollerGenerals Beport 709 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1909 441 227710 00 Policies or certificates written during the year 1910 468 297 500 00 909 525210 00 Total Deduct number and amount which have ceased to be in force during 1910 422 263 475 00 Total policies or certificates in force Dceember 31 1910 487 261735 00 Dosses and claims on policies or certificates un paid December 31 1910 Losses and claims on policies or certificates 1 curred during the year 1910 Total Losses and claims on policies or certificates paid during the year 1910 1 550 00 3 537 70 4 1087 70 3 537 70 AMERICAN CASUALTY COMPANY OF READING PA E P Van Reed President Harvey H Shomo Secretary Home Office Colonial Trust Bldg Reading Pa Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capita paid up in cash 300000 00 2 Amount of ledger assets December 31 of of previous year 3 Increase of paidup capital during the year Extended at 386363 79 50000 00 436363 79 IIIncome 1 Gross premiums unpaid December 31 1909 Accident and health 1287372 liability 1845009 plate glass 1011643 steam boiler 99758 burglary and theft 164361 total 44jlgl 4J710 ComptrollerGenerals Report 2 Gross premiums written and renewed during the year Accident and health 15418568 liability 8172929 plate glass 3814150 steam boiler 436949 bur glary and theft 1382381 auto property 1282039 total 3 Total Accident and health 16705940 liability 100 17938 plate glass 4825793 steam boiler 536707 burglary and theft 1546742 auto property 12 82039 total Deduct gross premiums now in course of collection Acci dent and health 1003963 liability 1485927 plate glass 13242 72 steam boiler 69815 burglary and theft 190699 auto property 403252 total 5 Entire premiums collected during the year Accident and health 15701977 liability 8532011 plate glass 3501521 steam boiler 466892 burglary and theft 1356043 auto property 878787 total 6 Deduct reinsurance return premiums and cancellations Accident and health 2453565 liability 2425560 plate glass 891014 steam boiler 76989 burglary and theft 341873 auto property 251795 total 7 Net cash actually received for premiums Accident and health 13248412 liability 6106451 plate glass 2610507 steam boiler 389903 burglary and theft 1014170 auto property 626992 total 20 Interest on mortgage loans 7477 78 22 Interest on bonds and dividends on stock 8768 92 23 Interest on deposit 25 Gross rents from companys property 1025 00 26 Total interest and rents 27 Gross profit on sale of ledger assets viz Bonds Imperial Japanese government 32 From all other sources viz 33 Agents balances previously charged off 34 Commission on bonding business written 35 Surplussale of stock 36 Bills payable account real estate 361 14 1137 23 25000 00 11000 00 37 Total 305070 10 349151 59 44779 2S 304372 31 64407 96 239964 35 17558 95 391 95 37398 37 38 Total income 295313 62 TilDisbursements 1 Gross amount paid for losses Accident and health 67 75319 liability 1151008 plate glass 1541730 ComptrollerGenerals Report 711 burglary and theft 558861 auto property 490423 total 9 n 105173 41 2 Deduct salvage and reinsurance Accident and health 419 64 3 Net amount paid policyholders for losses Accident and health 6733355 liability 1151008 plate glass lo41730 burglary and theft 558861 auto prop erty 490423 total 104 753 77 4 Investigation and adjustment of claims Accident and health 12500 liability 241057 burglary and theft 1060 auto property 38148 total 3 024 65 5 Totals Accident and health 6745855 liability 13 92065 plate glass 1541730 burglary and theft 069621 auto property 528571 total 107 77S 4a 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 3716867 plate glass 885357 liability 1573927 steam boiler 73950 burglary aDd theft 311129 auto property 171397 total 67 326 2 19 Stockholders for interest or dividends amount declared during the year 15 000 00 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 16 498 76 21 Salaries traveling and all other expenses of agents not paid by commissions 11 766 11 22 Medical examiners fees and salaries 195 00 23 Inspections other than medical luli Au 24 Rents o d 2961 87 25 Repairs and expenses other than taxes on real estate 377 67 27 All other taxes licenses and insurance department fees 5 646 01 28 Legal expenses 3S Advertising printing and stationery 4 582 06 31 Postage and express o T 2592 20 32 Furniture and fixtures 1 168 14 33 Loss on maturity of ledger assets viz Bonds 31 7U 37 All other disbursements Sundry expenses 1eS5 20 46 Total disbursements t7 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate first liens 150 290 00 4 Book value of bonds excluding interest 19526 49 5 Cash in companys office 15432 deposited in banks 11419208 total a x 114346 40 6 Bills receivable 01 9o 11 Ledger assets 4915712 ComptbolleeGenebal s Kepobt NonLedger Assets 12 Interest due 5000 and accrued 174815 on mortgages 13 Interest accrued on bonds 1798 15 2280 13 Totalv 18 Market value of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Ac cident 876306 liability 1217336 plate glass 923217 steam boiler 48365 burglary and theft 178899 auto property 321532 total On policies or renewals issued prior to October 1 1910 Accident and health 127657 liability 268591 plate glass 4010 55 steam boiler 21450 burglary and theft 11800 auto property 81710 total Deduct Assets Not Admitted 39 Bills receivable 43 Gross premiums in course of collection written prior to October 1 1910 237 96 9122 63 Total 51 Admitted assets VLiabilities 1 Losses and claims adjusted and in process of adjustment Accident and health 616376 plate glass 71461 burglary and theft 186196 auto property damage 20000 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 14139447 un earned premiums 50 per cent 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 16 14342 unearned premiums pro rata 9 28427 plus excess reserved 9 75889 total 70697 24 19043 16 21 Total unearned premiums 4078 28 2154 23 3o656 65 9122 63 9360 59 532652 05 8940 33 8940 33 6300 78 15241 11 89740 40 CompteolleeGenebal s Repobt 26 Salaries rents expenses bills accounts fees etc due c accrued 29 Interest due or accrued on bills payable 33 All other liabilities viz State taxes due and accrued 35 Bills payable account real estate 713 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 300000 0 44 Surplus over all liabilities 10lo40 5 696 05 220 00 2656 19 11000 00 131611 53 45 Surplus as regards policy holders 46 Total liabilities 401040 52 532652 05 Business in State of Georgia During 1910 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 viz Accident and health 294278 liability 404599 plate glass 326655 steam boiler 13216 burglary and theft 62006 auto property 105024 total Gross premiums received on risks written or renewed during the year Accident and health 344179 liability 145315 plate glass 89170 burglary and theft 8140 auto property 1725 total Gross losses paid Accident and health 147784 liability 37876 plate glass 57917 burglary and theft 17375 total 12057 78 5885 29 2609 52 ALABAMA FIDELITY AND CASUALTY CO OF MONTGOMERY ALA ICapital Stock T E Lovejoy President J V Kelly Secretary 1 Amount of capital paid up Principal Office Bell Bldg Montgomery Ala Wm A Wright Atlanta Attorney for Service in Georgia in cash 186010 00 3 Increase of paidup capita during the year 186010 00 Extended at 186010 00 IIIncome 1 Gross premiums written and renewed during 1910 Acci dent 220685 health 104465 fidelity 102700 surety 11100 plate glass 7248 burglary and theft 8050 total 4542 48 t 714 ComptrollerGeneral s Eeport 3 Deduct return premiums on policies can celled Accident 4 Deduct premiums on policies not taken Accident 6750 health 5600 fidel ity 7000 total 40 00 193 50 5 Total deductions 6 Net premiums Accident 209935 health 98865 fidel ity 95700 surety 11100 plate glass 7248 bur glary and theft 8050 total 20 Policy fees required or represented by applications 22 Gross interest on mortgage loans less 86042 accrued interest on mortgages acquired during 1910 24 Gross interest on bonds and dividends on stocks less 73800 accrued interest on bonds acquired during 1910 Gross interest on deposits in trust com panies and banks Gross interest from all other sources Bills receivable 40725 mortgage in ad vance for one year included in principal sum 310944 total 25 26 638 22 60 00 506 95 3579 69 30 Total gross interest 31 From other sources viz Premium on sale of stock 96 01000 discount 11923 total 38 Gross increase by adjustment in book value of ledger assets viz Bonds IIIDisbursements 1 Gross amount paid for losses Health 5 Net amount paid policyholders for losses 22 Policy fees retained by agents 23 Commissions or brokerage less amount received on return premiums and feinsuranee for the following classes Accident 31045 surety 2500 health 10841 fidel ity 7588 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 32 Kent 36 Insuranee department licenses and fees 42 Legal expenses 43 Advertising 233 50 4308 98 70 01 4789 86 96229 23 2111 65 22 66 22 66 70 0O 519 74 3383 82 1951 85 3 00 350 00 520 50 1460 00 473 51ComptrollerGeneral s Report 715 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 48 Other disbursements 56 Total disbursements 3905 50 354 07 1275 84 49715 10 64005 59 IVLedger Assets I Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other collat erals 4 Book value of stocks 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz Accident 69415 health 46790 fidelity 38150 plate glass 7248 burglary and theft 8050 total 26 Other ledger assets viz Advances to agents NonLedger Assets 31 Interest accrued on mortgages 32 Interest accrued on bonds 33 Interest due on collateral loans 34 Interest accrued on other assets 860 42 738 00 27 00 2282 67 Total interest 40 Other nonledger assets viz Furniture and fixtures sta tionery stamps and supplies 43 Gross assets Deduct Assets Not Admitted 41977 45 900 00 16800 00 35719 75 132193 90 1705 53 112 50 3908 09 4775 84 238093 06 46 Furniture and fixtures 47 Supplies printed matter and stationery 51 Agents balances 55 Admitted assets 1275 84 3500 00 112 50 233204 72 1 Losses and claims VLiabilities 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 412023 unearned premiums fifty per cent 2060 11 13 33 13 33716 CoMPTROLLEBGeNEEAL s RePOBT 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 10500 unearned premiums pro rata 150 00 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 13349 health 8365 plate glass 2135 fidelity 2625 burglary and theft 2165 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 35 Reinsurance 37 Other liabilities viz Stock commissions payable on de mand 181100 additional reserve for unexpired risks in respect to the business having been written during the last quarter of 1910 170000 total 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 18H 48 Surplus over all liabilities 41126 00 2165 11 286 39 2 55 57 84 32 50 3511 00 6068 72 227136 00 49 Surplus as regards policyholders 50 Total liabilities 233204 72 Business in Georgia During the Year Gross premiums on risks written or renewed during the year Accident 109135 health 57986 fidelity 95700 surety 11100 plate glass 7248 burglary and theft 8050 total Gross losses paid Gross losses incurred Accident 13 33 health 2266 total 2892 23 22 66 35 99 AMERICAN FIDELITY COMPANY OF MONTPELIER VT James W Brock President Harlan W Kemp Secretary Home Office Main and State Sts Montpelier Vermont Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 500000 00 2 Amount of ledger assets December 31 of previous year 771079 48CoMPTKOLLEKGrENEKAL s REPORT 717 3 Increase of paidup capital during the year 25000000 surplus 8750000 total 337500 00 Extended at i108j579 48 IIIncome 1 Gross premiums unpaid December 31 1909 Accident 2227482 liability 8680557 surety 2099760 bur glary and theft 958840 total 139666 39 2 Gross premiums written and renewed during the year Accident 12705034 health 3290439 liability 92574199 fidelity 4139757 surety 6288857 burglary and theft 4957705 auto property damage 2344S53 workmans collective 151917 total 1264527 61 3 Total Accident 14932316 health 3290439 liability 101254756 fidelity 4139757 surety 8388617 burglary and theft 5916545 auto property damage 2344853 workmens collective 151917 total 1404194 00 4 Deduct gross premiums now in course of collection Acci dent 2330422 liability 17543168 surety 20 53725 burglary and theft 789870 total 227171 85 5 Entire premiums collected during the year Accident 12602094 health 3290439 liability 83711588 fidelity 4139757 surety 6334892 burglary and theft 5126675 auto property damage 2344853 workmens collective 151917 total 177 022 15 6 Deduct reinsurance return premiums and cancellations Accident 2639261 health 784869 liability 199 08836 fidelity 595935 surety 644063 burglary and theft 1120985 auto property damage 476767 workmen a collective 4000 total 261 747 16 7 Net cash actually received for premiums Accident 99 62833 health 2505570 liability 63802752 35 43822 surety 5690829 burglary and theft 40 05690 auto property damage 1868086 workmens collective 147917 total 22 Interest on bonds and dividends on stock 32454 94 23 Interest on deposit 326 52 24 Interest from all other sources viz Inter est on agents balances 40809 excess reinsurance 28557 total 693 66 26 Total interest and rents 27 Profit on sale or maturity of ledger assets viz Bonds 38 Total income 915274 99 34475 12 714 00 950464 11718 ComptrollerGenerals Eepoet IIIDisbursements 1 Gross amount paid for losses Accident 4611403 health 1382597 liability 17638896 fidelity 86280 surety 1966451 burglary and theft 2081890 auto property damage 684451 workmens collective 984 896 44 30676 total 80 2 Deduct salvage and reinsurance Accident 76083 health 39642 fidelity 52758 surety 944991 burglary and theft 17050 total 11305 24 3 Net amount paid polieyholders for losses Accident 45 35320 health 1342955 liability 17638896 fidelity 33522 surety 1021460 burglary and theft 20 64840 auto property damage 684451 workmens collective 30676 total 273521 20 4 Investigation and adjustment of claims Accident 4570o health 13400 liability 4452778 fidelity 32655 surety 318161 burglary and theft 51226 auto property damage 19050 total 49329 5 Net amount paid polieyholders for losses Accident 45 81025 health 1356355 liability 22091674 fidelity 66177 surety 1339621 burglary and theft 21 16066 auto property damage 703501 workmens col lective 30676 total 322850 95 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 4702222 liability 21249122 burglary and theft 1371394 surety 2921136 total 302438 74 20 Salaries fees and all other compensation of officers direct ors trustees and home office employees 29922 86 21 Salaries traveling and all other expenses of agents not paid by commissions 1303 02 23 Inspections other than medical 283 24 Bents 27 All other taxes licenses and insurance department fees 173o4 66 5918 18 Traveling 28 Legal expenses 3179 15 29 Advertising 7 7 IQ 95 30 Printing and stationery 31 Postage and express UUJ 32 Furniture and fixtures oooa Stockholders for interest or dividends amount declared during the year 15000 I5000 33 Loss on sale or maturity of ledger assets viz Bonds 661 50 37 All other disbursements viz Home office expense 31060 fire insurance 4315 total 353 75 46 Total disbursements 729422 09CoMPTBOLLEEGrENEBALs RePOBT 719 IVLedger Assets 4 Book value of bonds excluding interest 1186 782 95 5 Cash in companys office 929631 deposited in banks 13354224 total 142838 55 11 Ledger assets 1329621 50 NonLedger Assets 13 Interest on bonds 15 179 16 15 Interest on other assets 1486 82 Total 16665 98 19 Gross premiums in course of collection viz 21 On policies or renewals issued subsequent to October 1 1910 Accident 2186329 liability 15765031 surety 1261833 burglary and theft 666126 total 198793 19 21 On policies or renewals issued prior to October 1 1910 Accident 144093 liability 1778137 surety 791892 burglary and theft 123744 total 28378 66 227171 85 37 Gross assets 1573459 33 Deduct Assets Not Admitted 42 Loans on personal security endorsed or nt 28378 66 44 Book value of ledger assets over market rale 31742 95 60121 61 51 Admitted assets 1 513 337 73 VLiabilities 1 Losses and claims adjusted Accident 1 532 49 2 Losses and claims in process of adjustment Accident 1519700 health 156793 fidelity 196369 surety 1394500 burglary and theft 417692 auto property damage 111355 total 37964 0f 720 ComptrollerGenerals Eeport 4 Losses and claims resisted Accident 1822500 fidelity 225000 surety 1216828 burglary and theft 1 80000 auto property damage 62245 total 5 Total losses and claims Accident 3495449 health 14 156793 fidelity 421369 glary and theft 597692 173600 total Deduct reinsurance surety 2611328 bur auto property damage 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 86379310 un earned premiums 50 per cent 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 5555593 un earned premiums pro rata 431896 55 55555 93 21 Total unearned premiums 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 viz Accident 843441 liability and auto property damage 5389285 fidelity and surety 338713 burglary and theft 233072 total 31 Taxes 33 Other liabilities viz Estimated expenses on unpaid claims 464000 contingent reserve for liability claims 1899365 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 500000 00 44 Surplus over all liabilities 214978 97 45 Surplus as regards policyholders 35065 73 74562 31 5500 00 69062 31 132681 90 201744 21 487452 48 68045 11 17483 30 23633 65 798358 75 714978 97 46 Total liabilities 1513337 72 Business in Georgia During 1910 Gross premiums received on risks written or renewed during the year Accident 34264 health 14083 liability 39750 fidelity 13650 surety 11650 property damage 1776 total 1151 73 Gross losses paid Accident 21776 liability 1800 total 235 76emwzt ComptrollerGeneral s Beport AMEBICAN SURETY COMPANY OF NEW YORK Henzy D Lyman President H B z Home Office 100 Broadway New York City New York Marion M Jackson Atlanta Attorney for Service in Georg ICapital Stock 721 1 Amount of capital paid up in cash 2500000 00 2 Amount of ledger assets as per balance December 31 of previous year 7774156 46 Extended at 7774156 46 IIInc 1 Gross premiums written and renewed during the year Fidelity 118919333 surety 176675361 total 2955946 94 2 Deduct reinsurance Fidelity 2 919 23 surety 1016756 total 13086 79 6 Deduct return premiums on policies can celled Fidelity 14962542 surety 27591382 total 425 539 24 4 Deduct premiums on policies not taken Fidelity 3519167 surety 3851726 t0tal 7370893 5 Total deductions Fidelity 18773632 surety 324 59864 total 512334 96 6 Net premiums Fidelity 100145701 surety 1442 15497 total 22 Gross interest on mortgage loans 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 726968 accrued interest on bonds acquired during 1910 25 Gross interest on deposits in trust compa nies and banks 26 Gross interest from all other sources viz On overdue premiums 10606 on sal vages 3765356 total 1841 67 5813 43 127613 48 23974 78 Total gross interest 37759 62 197002 98 29 Gross rents from companys property in cluding 4200000 for companys occu pancy of its own buildings 326 054 09 30 Total gross interest and rents 523057 07722 CompteolleeGenebals Repoet 31 From other sources viz Increase in reserve for repairs and expenses on real estate 7545 40 37 Gross profit on sale or maturity of ledger assets viz Bonds 1498375 stocks 36250 total 15346 25 39 Total income 2989560 70 HIDisbursements 1 Gross amount paid for losses Fidelity 25348929 surety 30467427 total 558163 56 2 Deduct reinsurance and salvage Fidelity 10213571 surety 44763275 total deduction 549768 46 5 Net amount paid policyholders for losses Fidelity 151 15358 surety 14295848 total 8395 10 17 Investigation and adjustment of claims viz Fidelity 1510165 surety 3074994 total 45851 59 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 7397647 surety 14982412 total 223800 59 28 Salaries fees and all other compensation of officers directors trustees and home office employees 293510 08 29 Salaries traveling and all other expenses of agents not paid by commissions 629220 42 31 Inspections other than medical and claim 16610 29 32 Rents including 4200000 for companys occupancy of its own buildings 42000 00 33 Repairs and expenses other than taxes on real estate including rent of building leased for 99 years 206039 22 34 Taxes on real estate 7321286 taxes on personal estate 17579 total 73388 65 35 State taxes on premiums 35233 69 36 Insurance department licenses and fees 15165 21 37 All other licenses fees and taxes viz Agents municipal taxes 392319 internal revenue taxes 1233052 tax on investments 6150 total 16315 21 42 Legal expenses 3828 00 43 Advertising 3477 48 44 Printing and stationery 35925 74 45 Postage telegraph telephone and express 20963 00 46 Furniture and fixtures 12532 10 47 Stockholders for interest or dividends amount declared during the year 37500000 375000 00 48 Other disbursements viz Decrease in liability for re insurance 134120 checks of other parties in process of collection December 31 1909 cashed 318150 mis cellaneous general expenses 5157570 interest 2 01788 total 58116 28ComptrollerGenerals Repori 723 53 Premiums paid in advance Dec 31 1909 4514151 Dec 31 1910 1994720 decrease for year 54 Gross loss on sale or maturity of ledger assets viz Real estate 635000 bonds 1420000 loss on collateral funds on deposit in the defunct IT S Banking Co Mexico City Mex 22720 total 25194 31 20777 20 56 Total disbursements 2161344 16 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate 4 Book value of bonds 252933885 and stocks 1324 65625 total 5 Cash in companys office 556675 cash in hands of agents 379175 total 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or re newals issued on or after October 1 1910 Fidelity 7546385 surety 19626285 total On policies or renewals issued prior to October 1 1910 Fidelity 1015540 surety 14747715 total 3166047 91 197166 67 3853995 10 9358 50 193013 10 753432 47 271726 70 157632 55 30 Ledger assets 8602373 00 NonLedger Assets 31 Interest on mortgages 32 Interest on bonds 34 Interest on other assets 37 Eents due 613585 and accrued 248333 on companys property or lease 362 43 30309 35 931 12 8619 18 43 Gross assets Deduct Assets Not Admitted 40222 08 8642595 08 49 Premiums in course of collection written prior to October 1 1910 157632 55 50 Book value of ledger assets over market value viz Stocks and bonds 241433 47 399066 02 55 Admitted assets 8243529 06724 ComptrollerGenerals Report VLiabilities 1 Losses and claims reported or in process of adjustment Fidelity 10636716 surety 49609422 totali 3 Losses and claims resisted Fidelity 1602762 surety 21702695 total 4 Total losses and claims Fidelity 12239478 surety 71312117 total 5 Deduct reinsurance Surety 602461 38 233054 57 835515 95 10048 47 6 Net unpaid claims except liability claims 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 242400852 un earned premiums fifty per cent 1212004 26 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 26012911 unearned premiums pro rata 825467 48 825467 48 165818 67 23 Total unearned premiums 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1910 viz Fidelity 489859 surety 10 31711 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 36 Advance premiums one hundred per cent 37 Other liabilities viz Checks of other parties in process of collection 103962 reserve for expenses in transit 4000000 reserve for repairs and expenses on real estate 754540 total 1377822 93 15215 70 12500 00 40624 76 19947 20 48585 02 46 Total amount of all liabilities except capital 2340163 09 47 Capital paid up in cash 2500000 00 48 Surplus over all liabilities 3403365 97 49 Surplus as regards policyholders 5903365 97 50 Total liabilities 8243529 06 Business in Georgia During 1910 Gross premiums on risks written or renewed during the year Fidelity 1359116 surety 967067 totali Gross losses paid Fidelity 62556 surety 239171 total Gross losses incurred Fidelity 418908 surety 239171 total 23261 83 1766 15 1797 37CompteollebGenebals Repoet 725 AMERICAN BONDING COMPANY OF BALTIMOBE MD George Cator President Wm E p jyavaJl Secretary Home Office Equitable Bldg Baltimore Md Jas L Biley Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assets December 31 of previous year 2579571 84 Extended at 2579571 84 IIIncome 1 Gross premiums written or renewed during the year 1910 Fidelity 32587518 surety 99275855 burglary and theft 26232284 total i380956 57 2 Deduct reinsurance viz Fidelity 14 11224 surety 5923725 burglary and theft 2299068 total 96340 17 3 Deduct premiums on policies cancelled Fidelity 1768263 surety 4371771 burglary and theft 2106406 total 82464 40 4 Deduct premiums on policies not taken Fidelity 1150035 surety 8547992 burglary and theft 3344667 total 130426 94 5 Total deductions Fidelity 4329522 surety 18843488 burglary and theft 7750141 total 309231 51 6 Net premiums Fidelity 28257996 surety 80432367 burglary and theft 18482143 total 1271725 06 24 Gross interest on bonds and dividends on stocks less 88809 accrued interest on bonds acquired during 1910 83344 41 25 Gross interest on deposits in trust companies and banks 4470 Oo 27 Final judgment against City of Chicago 45044 salvage 59427 excise reinsurance association depositories 30705 branch office bank accounts 19047 total 1542 2a 38 Gross increase by adjustment in book value of ledger assets viz Bonds 223600 stocks 75000 total 2986 00 39 Total income i364067 75 IIIDisbuTsements 1 Gross amount paid for losses Fidelity 4544946 surety 42113219 burglary and theft 6146031 total 528041 96726 ComptrollerGenerals Eeport 2 Deduct reinsurance Fidelity 35465 surety 5189457 burglary and theft 996261 total 62211 S3 3 Deduct salvage Fidelity 237976 surety 17816971 burglary and theft 73487 total 181284 34 4 Total deductions Fidelity 273441 surety 23006428 burglary and theft 1069748 total Net amount paid policyholders for losses Fidelity 42 71105 surety 19106791 burglary and theft 50 76283 total Investigation and adjustment of claims viz Fidelity and surety 3217832 burglary and theft 502883 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity and surety 23822190 burglary and theft 5572694 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 Hents 17 23 28 29 31 32 35 36 38 40 42 43 44 45 46 47 48 State taxes on premiums Insurance department licenses and fees Municipal licenses 186191 capital stock tax etc 18 19760 total Advance premiums December 31 1909 552197 Decem ber 31 1910 532905 net Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends Other disbursements Exchange 43043 development 1129737 general expense 1153609 insurance 55084 traveling expense 407326 total Interest and expense paid on collateral deposits during lie year 063373 income from investments of collat eral deposits during the year 930117 net Depreciation in market value of collateral deposit invest ments during year 52 Profit and loss 53 Agentsr balances charged off 40 51 243496 17 284545 79 37207 15 293984 84 122439 56 151993 91 2854 56 14937 36 22688 03 15342 94 20059 51 102 92 15838 84 5157 57 17571 02 12161 98 11672 26 120000 00 20887 99 332 51 1017 50 500 00 146 73CoMPTEOLLEEGrENEEALs RepOET 727 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 4377200 stocks 235750 total 46129 50 56 Total disbursements 1224662 52 IVLedger Assets 4 Book value of bonds 197880800 and stocks 6361250 total 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 Bremiums in course of collection viz On policies or renewals issued on or after October I 1910 Fidelity 2147029 surety 12284585 burglary and theft 4639840 total On policies or renewals issued prior to October 1 1910 Fidelity 802878 surety 9606953 burglary and theft 419766 total 108295 97 190714 54 2042420 50 144 50 7500 00 294813 12 Total 27 Final judgment against City of Chicago 111 bearing 5 per cent interest per an num payable January 1 and July 1i 28 Due by suspended banks and trust com panies Total 30 Ledger assets 32237 75 42850 69 299010 51 75088 44 2718977 07 NonLedger Assets 32 Interest due 218750 and accrued 12 05903 on bonds total Total 43 Gross assets 14246 53 14246 53 2733223 60 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1910 108295 97 55 Admitted assets 2624927 63728 COMPTEOLLERGrENEEAL s REPORT VLiabilities 1 Losses and claims reported or in process of adjustment Fidelity 1732485 surety 9706135 burglary and theft 1458449 total 2 Losses and claims resisted Fidelity 2186300 surety 19988375 burglary and theft 211266 total 3 Total losses and claims Fidelity 3968785 surety 29694510 burglary and theft 1669715 total 4 Deduct reinsurance Fidelity 300000 surety 28 6962S burglary and theft 141708 total Net unpaid claims except liability claims Fidelity 36 68785 surety 26824882 burglary and theft 15 28007 total Estimated expenses of investigation and adjustment of unpaid claims Fidelity 376000 surety 2422581 burglary and theft 170320 total 20 Total unpaid claims and expenses of settlement Fidelity 4044785 surety 29247463 burglary and theft 1 698327 total 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 117732161 unearned premiums fifty per cent 598598 64 22 Gross premiums less reinsurance upon all unexpired risks running moTe than one year from date of policy 197 75322 unearned premiums pro rata 102984 22 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Fidelity and surety 34 863OH burglary and theft 1148274 total 29 Salaries rents expenses bills accounts fees etc due ot accrued 30 State county and municipal taxes due or accrued 34 Return premiums 35 Reinsurance 36 Advance premiums one hundred per cent 46 Total amount of all liabilities except capital 47 Capital paid up in cash 750000 00 48 Surplus over all liabilities 736624 07 129470 69 223859 41 353330 10 33113 36 320216 74 29689 01 349905 75 701582 86 46346 37 2500 00 18000 00 3058 32 11581 21 5329 05 1138303 56 49 Surplus as regards policyholdeTs 1486624 07 50 Total liabilities 2624927 63CoMPTROLLEBGrENERAL s REPORT Business in the State of Georgia During the Year 729 Gross premiums on risks written or renewed during the year Fidelity and surety 1747242 burglary and theft 73539 total lg207 gl Gross Losses paid Fidelity and surety 184223 burglary and theft 16350 total 2 005 73 Gross losses incurred Burglary and theft l63 50 JETNA ACCIDENT AND LIABILITY COMPANY OF HARTFORD CONNECTICUT M G Bulkeley President j Schoneld Rowe Secretary Home Office 650 Main Street Hartford Connecticut Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets as per balance December 31st of previous year 844281 99 Extended at 844281 99 IIIncome Gross premiums unpaid December 31 last year Plate glass 566472 burglary and theft 1111108 fly wheel 18000 auto property damage 2793513 total Gross premiums written and renewed during the year plate glass 7239306 burglary and theft 11734592 fly wheel 319018 auto property damage 36963890 total 3 Total Plate glass 7805778 burglary and theft 128 45700 fly wheel 337018 auto property damage 397 57403 total j 4 Deduct gross premiums now in course of collection Plate glass 925380 burglary and theft 1554156 fly wheel 5291 auto property damage 4194687 total deduction 5 Entire premiums collected during the year Plate glass 6880398 burglary and theft 11291544 fly wheel 331727 auto property damage 35562716 total 44890 93 562568 06 607458 99 66795 14 540663 85730 ComptrollerGeneral s Report Deduct reinsurance return premiums and cancellations Plate glass 1611823 burglary and theft 2875835 fly wheel 144008 auto property damage 8729806 total deduction 7 Net cash actually received for premiums Plate glass 5268575 burglary and theft 8415709 fly wheel 187719 auto property damage 26832910 total 20 Interest on mortgage loans 22331 79 21 Interest on collateral loans 1467 38 22 Interest on bonds and dividends on stock 10750 00 23 Interest on deposit 544 93 26 Total interest and rents 32 From all other sources viz viously charged off From agents balances pre 133614 72 407049 13 3 Net amount paid policyholders for losses Plate glass 2052827 burglary and theft 2378115 fly wheel 131667 auto property damage 13198048 total 4 Investigation and adjustment of claims Burglary and theft 101714 auto property damage 540889 total 5 Total net amount paid policyholders for losses Plate glass 2052827 burglary and theft 2479829 fly wheel 131667 auto property damage 13738937 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 1728070 burglary and theft 2661392 fly wheel 43734 auto property damage 6413568 total 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees including traveling expense 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 35094 10 21 53 38 Total income 442164 76 IIIDisbursements 1 Gross amount paid for losses Plate glass 2069555 bur glary and theft 2537783 fly wheel 133333 auto property damage 13262751 total 180034 22 2 Deduct salvage and reinsurance Plate glass 16728 burglary and theft 159668 fly wheel 1666 auto property damage 64703 total 2427 65 177606 57 6426 03 184032 60 108467 64 13766 79 7676 44 1530 76 584 63Miumar ComptrollerGeneral s Beport 731 27 All other taxes licenses and insurance department fees Insurance department licenses and fees 3 852 17 State taxes on premiums 3 373 92 Municipal and county taxes 44074 capital stock tax 750000 total 7 940 74 28 Legal expenses jgg gp 29 Advertising 9 j gg 30 Printing and stationery g 121 99 31 Postage and express 2 274 38 32 Furniture and fixtures 733 12 37 All other disbursements viz Stockholders for interest on dividend amount declared during the year 2000000 2000000 sundry expenses 60392 investment ex pense 400 total 20 607 92 46 Total disbursements 362 310 19 IVLedger Assets 2 Mortgage loans on real estate 494881 25 3 Loans secured by pledge of bonds stocks or other collat erals 33000 00 4 Book value of bonds 262 281 25 5 Cash in companys office 104199 deposited in banks 13277581 total 133817 80 6 Bills receivable and suspense accounts 156 26 11 Ledger assets 924136 56 NonLedger Assets 12 Interest on mortgages 8 460 13 13 Interest on bonds 2 125 00 14 Interest on collateral loans 275 00 15 Interest on other assets 125 41 10985 54 19 Gross premiums in course of collection viz On policies on renewals issued prior to October 1 1910 Plate glass 834378 burglary and theft 1476687 fly wheel 5291 auto property damage 34 36518 total 57 r2S 74 On policies on renewals issued prior to October 1 1910 Plate glass 91002 burglary and theft 77469 auto prop erty damage 758169 total 9266 40 66795 14 37 Gross assets 1001917 24 732 ComptbollerGteneeals Beport Deduct Assets Not Admitted 39 Bills receivable and suspense accounts 156 26 43 Gross premiums in course of collection written prior to October 1 1910 9266 40 44 Book value of ledger assets over market value 4531 25 13953 91 51 Admitted assets 987963 33 VLiabilities 1 Losses and claims in process of adjustment and reported proofs not received Plate glass 167645 burglary and theft 278165 auto property damage 2270015 total 27158 25 4 Losses and claims resisted Burglary and theft 21800 auto property damage 680200 total 7020 00 5 Total losses and claims Plate glass 167645 burglary and theft 299965 auto property damage 2950215 total 34178 25 14 Deduct reinsurance 15 Net unpaid claims except liability claims 34155 43 Estimated expenses of investigation and adjustment of un paid claims 461 56 35616 99 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 38976908 unearned premiums 50 per cent 194884 54 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 2794537 unearned premiums pro rata 18369 91 21 Total unearned premiums 213254 45 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 viz Plate glass 278098 burglary and theft 443006 auto property damage 859129 fly wheel 1322 total 15815 55 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 930 11ComptrollerGeneral s Report 31 Reinsurance 33 Other liabilities viz State county and municipal taxes due or accrued 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 500000 00 44 Surplus over all liabilities 207 728 75 733 1940 09 12677 39 280234 58 707728 75 987963 33 45 Surplus as regards policyholders 46 Total liabilities Business in Georgia During 1910 Gross premiums received on risks written or renewed during the year Plate glass 63450 burglary and theft 40107 auto property damage 544301 total 6478 53 Gross losses paid Plate glass 28288 burglary and theft 600 auto property damage 540909 total 5697 97 vETXA LIFE INSURANCE COMPANY OP HARTFORD CONNECTICUT M G Bulkeley President J Scofield Rowe Secretary Home Office 650 Main Street Hartford Connecticut ICapital Stock 1 Amount of capital paid up in cash 2000000 00 2 Amount of ledger assets as per balance December 31 of previous year 5712580 77 Extended at 57i258o 77 IIIncome 1 Gross premiums written and renewed during the year Accident 206108701 health 46751231 liability 482042293 workmens collective 5084807 total 7399870 32 2 Deduct reinsurance return premiums on policies cancelled premiums on policies not taken Accident 52071705 health 12356477 liability 74211117 workmens collective 259685 total deductions 1388 989 84 6 Total net premiums Accident 154036996 health 34394754 liability 407831176 workmens col lective 4825122 total 6010880 48 22 Gross interest on mortgage loans 113155 39 24 Gross interest on bonds and dividends on stocks 65813 00734 ComptrollerGenerals Eeport 25 Gross interest on deposits in trust compa nies and banks 7579 30 26 Gross interest from all other sources viz On premiums 32 99 30 Total gross interest and rents 186580 68 31 From other sources viz Gold bonds sold 2000 00 36 From agents balances previously charged off 695 21 39 Total income 6200156 37 IIIDisbursements 1 Gross amount paid for losses Accident 67707381 health 16320546 liability 193153422 workmens collective 2022033 total 2792033 82 2 Deduct reinsurance Accident 1336849 health 3 68813 liability 659237 total deduction 23648 99 5 Net amount paid policyholders for losses Accident 663 70532 health 15951733 liability 192494185 workmens collective 2022023 total 2768384 83 17 Investigation and adjustment of claims viz Accident 4523072 health 64468 liability 50223665 total 548112 05 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 53367926 health 11211323 liability 88521866 workmens collective 1087716 total 1541888 31 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees including traveling expense 244874 71 29 Salaries traveling and all other expenses of agents not paid by commissions 65059 76 30 Medical examiners fees and salaries 13415 56 31 Inspections other than medical and claim 122171 92 32 Rents including 750000 for companys occupancy of its own buildings 67065 67 35 State taxes on premiums 79256 79 36 Insurance department licenses and fees 4416 12 37 All other licenses fees and taxes viz Municipal and county 271503 government 302286 total 5737 89 42 Legal expenses 3537 67 43 Advertising 55742 64 44 Printing and stationery 66928 97 45 Postage telegraph telephone and express 59121 15 46 Furniture and fixtures 41982 32 47 Stockholders for interest or dividends amount declared during the year 10000000 100000 00CompteolleeGenebal s Report 48 Other disbursements viz Investment expense 24700 profit and loss bills receivable uncollectible 49 39 sundry expenses 1546774 surrender value 10 payment policies 18620 total 735 15950 33 56 Total disbursements 5803646 69 IVLedger Assets 2 Mortgage loans on real estate first liens 4 4 Book value of bonds 110004500 and stocks 85818750 total 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 Premiums in course of collection viz On policies or re newals issued on or after October 1 1910 Accident 12274434 health 3131206 liability 52944063 workmens collective 112457 total On policies or renewals issued prior to October 1 1910 Accident 1629875 health 122687 liability 226 26228 workmens collective 637256 total 25 Bills receivable and suspense accounts 2329838 49 1958232 50 39104 92 193480 45 600993 02 684621 60 250160 46 52659 01 30 Ledger assets 6109090 45 NonLedger Assets 31 Interest due 23875 and accrued 70 78547 on mortgages 32 Interest on bonds 34 Interest on other assets 37 Bents due on companys property or lease 71024 22 14769 99 2502 23 2165 00 Total interest and rents 41 Due from reinsurance companies 90461 44 2011 38 43 Gross assets 6201563 27 Deduct Assets Not Admitted 4o Bills receivable and suspense accounts 52659 01 49 Premiums in course of collection written prior to October 1 1910 250160 46 50 Book value of ledger assets over market vahe 126444 50 429263 97 53 Admitted assets accident health and liability business 5 772 999 30 54 Admitted assets life business 55 Total admitted assets 95245843 66 101018142 96736 ComptrollebGenebal s Report VLiabilities 1 Losses and claims adjusted Accident 810178 health 114704 total 9248 82 2 Losses and claims reported or in process of adjustment Accident 6621968 health 648582 workmens col lective 822000 total 80925 50 3 Losses and claims resisted Accident 9939470 health 50000 total 99894 70 4 Total losses and claims Accident 17371616 health 813286 workmens collective 822000 total 6 Net unpaid claims except liability claims Accident 173 71616 health 813286 workmens collective 8 22000 total 7 Estimated expenses of investigation and adjustment of un paid claims Accident 521148 health 24398 total 8 Total losses and claims Accident 17892764 health 837684 workmens collective 822000 total 17 Special reserve for unpaid liability losses 190069 02 190069 02 5455 46 195524 48 1547600 00 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 430607896 un earned premiums fifty per cent 2153039 48 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 11297469 unearned premiums pro rata 92943 22 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 4296052 health 1033298 liability 13236016 workmens collective 22491 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 33 Interest due or accrued 35 Reinsurance 36 Advance premiums one hundred per cent 38 Gold bonds not yet due 44 Total liabilities accident health and liability business 45 Total liabilities life business 1743124 48 2245982 70 185878 57 9464 47 83232 32 48 00 11337 06 1541 54 2000 00 4282609 14 86633532 96 46 Total amount of all liabilities except capital 90916142 10CompteollebGenebal s Repoet 737 47 Capital actually paid up in cash 48 Surplus over all liabilities 2000000 00 8102000 86 49 Surplus as regards polieyholders i0l02000 86 50 Total liabilities101018142 96 Business in Georgia During 1910 Gross premiums on risks written or renewed during the year Accident 4143296 health 1215400 liability 28 51645 total Gross losses paid Accident 1055002 health 600865 liability 1041179 total 26 970 46 Gross losses incurred Accident 1074502 health 618294 liability 1041179 total 27 339 75 ATLANTIC HORSE INSURANCE COMPANY OF PROVIDENCE R 1 William E Tefft President Gaius w Hubbard Secretary Home Office 74 Weybosset St Providence R I II G Carnes Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 110000 00 2 Amount of ledger assets December 31 of previous year i58 826 40 Extended at IIIncome 1 Gross premiums unpaid December 31 1910 Live stock 2 Gross premiums written or renewed during the year Live stock 158826 40 726 45 43118 40 3 Total Live stock 4 4 Deduct gross premiums now in course of collection Live stock 43844 85 17467 84 5 Entire premiums collected during the year Live stock 21174 52 6 Deduct reinsurance return premiums and cancellations Live stoek 5689 21 7 Net cash actually received for premiums Live stock 20 687 80 19 Policy fees required or represented by applications alb 00 20 Interest on mortgage loans 522 10738 ComptrollerGeneral s Report 21 Interest on collateral loans 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources 73 27 1438 96 262 45 2906 81 26 Total interest 27 Profit on sale or maturity of ledger assets 32 From all other sources Sale medicines 3304 Hope Live Stock Mutual Benefit Association 277104 total 38 Total income IIIDisbursements 1 Gross amount paid for losses Live stock 2 Investigation and adjustment of claims 14 19 20 21 24 27 28 29 30 31 32 37 38 39 40 41 42 43 Total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Live stock Stockholders for interest or dividends 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 All other taxes licenses and insurance department fees Legal expenses Advertising Printing and stationery Postage and express Furniture and fixtures All other disbursements viz Veterinary service Medicines Agents bonds Bills receivable charged off Agents balances charged off Amount charged off statistical record account 2089 39 196 93 2 55 312 66 726 45 2600 00 Total 40 Total disbursements IVLedger Assets 1 Book value of real estate unencumbered 2 Mortgage loans on real estate first liens 5203 59 90 00 2804 08 29001 47 8470 57 50 00 8520 57 3126 53 3000 00 7631 01 2575 93 508 00 1065 58 687 00 779 79 1180 53 764 45 1561 76 5927 08 37329 13 2162 63 11000 00CompteolleeGenebal s Repobt 739 3 Loans secured by pledge of bonds stocks or other collat erals 4 Book value of bonds excluding interest 3451875 and book value of stocks 698325 total 5 Cask in companys office 47249 deposited in banks 1077162 total 6 Bills receivable 7 Other ledger assets viz Certificates of deposit 60 00000 statistical records formulas mortuary tables etc 2340000 total 11 Ledger assets NonLedger Assets 13 Interest on bonds 14 Interest on collateral loans 15 Interest on other assets 607 42 3 42 166 67 Total 4 17 Market value of real estate over book value 18 Market value of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Live stock On policies or renewals issued prior to October 1 1910 Live stock 37 Gross assets Deduct Assets Not Admitted 39 Bills receivable 40 00 43 Gross premiums in course of collection writ ten prior to October 1 1910 3 722 51 Total 51 Admitted assets VLiabilities 1 Losses and claims adjusted Live stock 2 Losses and claims in process of adjustment Live stock 4 Losses and claims resisted Live stock 5 Total losses and claims Live stock 15 Net unpaid claims except liability claims 18 Total unpaid claims and expenses of settlement 1150 00 41502 00 11244 11 40 00 83400 00 150498 74 777 51 337 37 1282 50 13745 33 3722 51 170363 96 3762 51 166601 45 150 00 1161 96 150 00 1461 96 1461 96 1461 96740 ComptrollerGenerals Eepoet 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 2753923 un earned premiums 50 per cent 13769 61 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 1910 viz Live stock 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 13769 61 3436 33 413 75 42 Total amount of all liabilities except capital 19081 65 43 Capital actually paid up in cash 110000 00 44 Surplus over all liabilities 37519 80 45 Surplus as regards policyholders 147519 8 46 Total liabilities 166601 45 THE AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK E M Treat President J Gross Secretary Home Office 302 Broadway New York City New York B S Witherspoon 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 31st of previous year 1744520 52 Extended at 1744520 52 IIIncome 2 Gross premiums written and renewed during the year Credit 857422 29 3 Total 857422 29 5 Entire premiums collected during the year Credit 857422 29 6 Deduct reinsurance return premiums and cancellations Credit 5590399 7 Net cash actually received for premiums Credit 18 Total net casli actually received for premiums 80518 30 801518 30ComptrollerGeneral s Report 741 21 Interest on premium notes 3 22 Interest on bonds 23 Interest on deposit 24 Interest from all other sources viz Bills receivable 3411 94 60984 74 416 24 42 95 26 Total interest and rents 27 Profit on sale of ledger assets viz Bonds 32 From all other sources viz Premium notes previously charged off 6388 from agents balances previously charged off 14700 total 64855 87 545 80 210 88 38 Total inco IIIDisbursements 1 Gross amount paid for losses Credit 867130 85 603634 72 3 Net amount paid polieyholders for losses Credit 603634 72 5 Total 12 Investigation and adjustment of claims 13 14 20 22 23 24 25 26 27 28 29 30 31 32 33 37 Total Commissions or brokerage less amount received on returned premiums and reinsurance for the following classes Credit 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 Mercantile agencies Insurance departments examination expense Bents Agents balances charged off Taxes on premiums Licenses and insurance department fees Legal expenses Advertising Printing and stationery Postage express telephone and telegraph Traveling expenses Loss on sale of ledger assets viz Bonds All other disbursements viz State and municipal licenses 159800 State county and municipal taxes 272130 country exchange 63497 miscellaneous expenses 4 42007 interest account 5385 old premium notes un collectible 160000 old premium note balances 3 65169 sundry disbursements account old premium notes etc 88830 total 603634 72 22600 65 603634 72 199462 23 52172 23 22988 53 2415 50 1169 46 15181 68 20709 24 16603 50 1917 09 14560 49 9922 86 5308 22 6117 63 1094 73 6265 09 46 Total disbursements 15568 18 1017692 03742 ComptrollerGenerals Report IVLedger Assets 4 Book value of bonds excluding interest 1369332 01 5 Cash in companys office 1619 deposited in banks 53 39990 total 53416 09 6 Bills receivable 19079 83 7 Other ledger assets viz Miscellaneous accounts 46567 premium notes 9024351 office furniture and fixtures 4422646 agents debit balances 1719577 total 152131 41 11 Ledger assets 1593959 34 NonLedger Assets 13 Interest on bonds 8243 33 15 Interest on premium notes 684 51 Total 8927 84 37 Gross assets 1602887 18 Deduct Assets Not Admitted 38 Agents debit balances 17195 77 39 Bills receivable 19079 83 40 Furniture and fixtures 44226 46 41 Miscellaneous accounts 465 67 42 Premium notes past due 21802 06 44 Book value of ledger assets over market value viz Bonds insurance depart ments valuation market value under book value 73635 76 176405 55 51 Admitted assets 1426481 63 VLiabilities 2 Losses and claims in process of adjustment Credit 5345 00 4 Losses and claims resisted Credit 39072 00 5 Total losses and claims Credit 44417 00 17 Special reserve for credit losses on policies expiring in October November and De cember 1910 being 50 per cent of 271 06313 gross premiums received on said policies less 930250 paid during said months on losses under said policies 126229 06 18 Total unpaid claims and expenses of settlement 126229 06CompteollebGeneeals Eepobt 743 19 Special reserve for accrued losses upon all unexpired risks running one year or less from date of policy 36541248 earned premiums 50 per cent 20 Gross premiums less reinsurance upon all unexpired risks running one year or more from date of policy 74159269 un earned premiums pro rata 182706 24 377305 21 21 Total unearned premiums 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 viz Credit 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 27 Dividends declared to stockholders unpaid 28 State county and municipal taxes 32 Advance premiums 100 per cent 33 Other liabilities viz Agents credit balances 244578 reserve for outstanding guarantees to policyholders 11 78270 contingent reserve on salvage agreement 23 94500 special reserve 3306332 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 350000 00 44 Surplus over all liabilities 250000 00 45 Surplus as regards policyholders 377305 21 3408 53 2000 00 3500 00 12310 04 3368 75 71236 80 826481 63 600000 00 46 Total liabilities l426481 63 Business in Georgia During the Year Gross premiums received on risks written or renewed during the year Credit Gross losses paid Credit 10462 50 6059 26 THE TNA ACCIDENT AND LIABILITY COMPANY OF HARTFORD CONNECTICUT M G Bulkeley President J Scofield Rowe Secretary Home Office 650 Main Street Hartford Connecticut ICapital Stock 1 Amount of capital stock paid up in cash 500000 00 2 Amount of ledger assets as per balance December 31 of previous year 889172 92 Extended at 889172 92744 ComptrollerGenerals Report IIncome 1 Gross premiums written and renewed during the year Plate glass 7239306 burglary and theft 11734592 fly wheel 319018 auto property damage 36963890 total 2 Deduct reinsurance return premiums on policies cancelled premiums on policies not taken Plate glass 1611823 burglary and theft 2875835 fly wheel 144008 auto property damage 8729806 total deductions 6 Net premiums Plate glass 5627483 burglary and theft 8858757 fly wheel 175010 auto property damage 28234084 total 22 Gross interest on mortgage loans 22331 79 23 Gross interest on collateral loans 1467 38 24 Gross interest on bonds and dividends on stocks W750 00 25 Gross interest on deposits in trust compa nies and banks 544 93 30 Total gross interest and rents 36 From agents balances previously charged off 39 Total income 562568 06 133614 72 428953 34 35094 10 21 53 464068 97 IIIDisbursements 1 Gross amount paid for losses Plate glass 2069555 bur glary and theft 2537783 fly wheel 133333 auto property damage 13262751 total 180034 22 2 Deduct reinsurance and salvage Plate glass 16728 burglary and theft 159668 fly wheel 1666 auto property damage 64703 total deduction 2427 65 5 Net amount paid policyholders for losses Plate glass 2052827 burglary and theft 2378115 fly wheel 131667 auto property damage 13198048 total 17 Investigation and adjustment of claims viz Burglary and theft 101714 auto property damage 540889 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 1728070 burglary and theft 2661392 fly wheel 43734 auto property damage 6413568 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees including traveling expenses 177 606 57 6426 03 108467 64 13766 79ComptrollerGeneral s Report 29 Salaries traveling and all other expenses of agents not paid by commissions 31 Inspections other than medical and claim 32 Rents including 50000 for companys occupancy of its own buildings 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Municipal and county taxes 44074 capital stock tax 750000 total 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 47 Stockholders for interest or dividends amount declared during the year 2000000 48 Other disbursements viz Sundry expenses 60392 in vestment expenses 400 total 745 56 Total disbursements IVLedger Assets 2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other collat erals 4 Book value of bonds 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 Premiums in course of collection viz On policies or re newals issued on or after October 1 1910 Plate glass 834378 burglary and theft 1476687 fly wheel 5291 automobile property damage 3436518 total On policies or renewals issued prior to October 1 1910 Plate glass 91002 burglary and theft 77469auto mobile property damage 758169 total 25 Bills receivable and suspense accounts 7676 44 1530 76 584 63 3373 92 3852 17 7940 74 155 50 2141 59 5121 99 2274 38 783 12 20000 00 607 92 362310 19 494881 25 33000 00 262281 25 1041 99 53612 18 79163 S3 5752874 9266 40 156 26 30 Ledger assets 990931 70 NonLedger Assets 31 Interest on mortgages 32 Interest on bonds 33 Interest on collateral loans 34 Interest on other assets Total 8460 13 2125 00 275 00 125 41 10985 54 43 Gross assets 1001917 24746 ComptrollerGenerals Report Deduct Assets Not Admitted 45 Bills receivable and suspense accounts 49 Premiums in course of collection written prior to October 1 1910 50 Book value of ledger assets over market value 156 26 9266 40 4531 25 Total 55 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Plate glass 167645 burglary and theft 278165 auto property damage 2270015 total1 3 Losses and claims resisted Burglary and theft 21800 auto property damage 680200 total 13953 91 987963 33 27158 25 7020 00 7 Total losses and claims Plate glass 167645 burglary and theft 299965 auto property damage 2950215 total 5 Deduct reinsurance Burglary and theft 6 Net unpaid claims Plate glass 167645 burglary and theft 297683 auto property damage 2950215 total 7 Estimated expenses of investigation and adjustment of unpaid claims Burglary and theft 13396 auto property damage 132760 total 8 Total losses and claims Plate glass 167645 burglary and theft 311079 auto property damage 3082975 total 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 38976908 un earned premiums fifty per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 2794537 un earned premiums pro rata 194884 54 18369 91 34178 25 22 82 34155 43 1461 56 35616 99 35616 99 23 Total unearned premiums 213254 45 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Plate glass 278098 burglary and theft 443006 fly wheel 1322 auto property damage 859129 total 15815 55ComptrollerGenerals Report 747 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 35 Reinsurance 930 11 12677 39 1940 09 46 Total amount of all liabilities except capital 280234 58 47 Capital actually paid up in cash 500000 00 48 Surplus over all liabilities 207 728 75 49 Surplus as regards policyholders 50 Total liabilities Business in the State of Georgia During the Year 707728 75 37963 33 Gross premiums on risks written or renewed during the year Automobile property damage 789486 plate glass 83148 burglary 61926 total Gross losses paid Automobile property damage 540909 plate glass 28288 burglary 600 total Gross losses incurred Automobile property damage 540709 plate glass 28288 burglary 600 total 9345 60 5697 97 5695 97 CONTINENTAL CASUALTY CO OE HAMMOND INDIANA H G B Alexander President Win H Betts Secretary Home Office Hammond Indiana Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 300000 00 2 Amount of ledger assets December 31 of previous year 2045963 86 Extended at 2045963 86 IIIncome 1 Gross premiums written or renewed during the year Ac cident 310670423 health 74194375 total 3848647 98 2 Deduct reinsurance return premiums and cancellations Accident 68210671 health 8313707 total 765243 78 3 Net cash actually received for premiums Accident 2 42459752 health 65880668 total 3083404 20 19 Policy fees required or represented by applications 111479 10 20 Interest on mortgage loans 31493 63 21 Interest on collateral loans 371 66748 ComptrollerGenerals Report 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources 25 Gross rents from companys property 20079 19 2007 14 33 80 3067 50 26 Total interest and rents 27 Profit on sale or maturity of ledger assets Real estate 82765 bonds 114806 total 32 From all other sources Gross increase by adjustment in book value of ledger assets bonds 35 From agents balances charged off 57052 92 1975 71 416 52 2829 79 38 Total income 3257158 24 IIIDisbursements 1 Gross amount paid for losses Accident 102318220 health 25925195 total 1282434 lo 2 Deduct salvage and reinsurance Accident 2647212 26472 12 total 3 Net amount paid policyholders for losses Accident 996 71008 health 25925195 total 4 Investigation and adjustment of claims health 369218 total 1255962 03 1161246 15304 64 5 14 Totals Accident 100832254 health 26294413 total 1271266 67 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 53598968 health 9678014 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 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 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 telegraph and telephone 34 Municipal and county taxes 310813 State taxes on premiums 4321568 total 632769 82 111479 10 60000 00 295678 49 416887 87 12381 39 39709 17 284 60 12858 71 35322 70 22244 28 33704 54 30801 82 46323 81CompteolleeGIenebals Report 749 37 All other disbursements General expense 2687845 bank exchange 221595 gross decrease by adjustment in book value of ledger assets viz bonds 10723 total 13042 93 43 Agents balances charged off 29201 63 46 Total disbursements 3063957 53 IVLedger Assets 1 Book value of real estate unencumbered 54147 41 2 Mortgage loans on real estate first liens 651950 00 4 Book value of bonds excluding interest 39240162 and book value of stocks 11555000 total 507951 62 5 Cash in companys office 508500 deposited in banks 9166611 total 96751 11 6 Bills receivable 6407 9a 7 Other ledger assets viz Premiums in course of collec tion 603399 62 8 Cash in hands of treasurer and P Ms in transit 364502 96 9 Agents balances 90082 91 10 Furniture and fixtures 63971 02 11 Ledger assets 2239164 57 NonLedger Assets 12 Interest accrued on mortgages 8084 83 13 Interest due 275000 and accrued 7 87622 on bonds 10626 22 14 Total interest due 18711 05 17 Market value of real estate over book value 4727 59 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Ac cident 55742702 health 4597260 total 603 39962 see ledger assets 37 Gross assets 2262603 21 Deduct Assets Not Admitted 39 Bills receivable 6407 92 40 Furniture and fixtures 63971 02 41 Agents balances 90082 91 44 Book value of ledger assets over market value viz stocks 370000 bonds 1636291 total 20062 91 Total 180524 76 51 Admitted assets 2082078 45750 ComptrollerGenerals Eeport VLiabilities 1 Losses and claims in process of adjustment and reported proofs not received Accident 16983033 health 1829367 total 188129 W 2 Losses and claims resisted Accident 2887500 health 195000 total 30825 0U 3 Total losses and claims Accident 19870533 health 2024867 total 218954 UU 4 Deduct reinsurance 14000 00 15 Net unpaid claims except liability claims 204954 00 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 154264147 unearned premiums pro rata 771320 73 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 viz Accident 9918155 health 935750 total 108539 05 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 13338 31 31 Reinsurance 10333 64 32 Advance premiums 100 per cent 1s 78 33 Other liabilities viz State county and municipal taxes due or accrued 35000 00 35 Contingent reserve 200000 00 42 Total amount of all liabilities except capital 1345289 51 43 Capital actually paid up in cash 300000 00 44 Surplus over all liabilities 436788 94 45 Surplus as regards policyholders 736788 94 46 Total liabilities 2082078 45 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 2805531 health 1369217 total Gross losses paid Accident 1628428 health 702906 total 23313 34ComptrollerGeneral s Report 751 the employers indemnity company of philadelphia Prank E Tobey President Trevanion B Dallas Secretary Home Office West End Trust Bldg Broad and South Penn Square Philadelphia Penna William A Little Columbus 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 31st of previous year 512089 37 Extended at 512089 37 IIIncome 1 Gross premiums unpaid December 31 last year Liability 112929 86 2 Gross premiums written and renewed during the year Liability 588243 95 3 Total Liability 4 Deduct gross premiums now in course of collection Liabil ity 701173 81 156864 62 5 Entire premiums collected during the year Liability 544309 19 6 Deduct reinsurance return premiums and cancellations Liability 152231 95 7 Net cash actually received for premiums Liability 392077 24 18 Total net cash actually received for premiums 20 Interest on mortgage loans 2346 83 22 Interest on bonds and dividends on stock 19560 03 23 Interest from all other sources 331 70 24 Interest from all other sources 35 72 392077 24 26 Total interest and rents 22274 28 32 Prom all other sources viz Gross increase by adjustment in book value of ledger assets bonds 731 39 38 Total income 415082 91 IIIDisbursements 1 Gross amount paid for losses Liability 178609 82 3 Net amount paid policyholders for losses Liability 178609 82752 CompteolleeGteneeal s Report 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Liability 19 Stockholders for interest or dividends amount declared during the year 800000 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 22 Medical examiners fees and salaries 23 Inspections other than medical 24 Rents including 525164 for companys occupancy of its own buildings 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising printing and stationery 31 Postage and express general expense 32 Furniture and fixtures 37 All other disbursements viz Traveling expense 6 84253 gross decrease by adjustment in book value of ledger assets bonds 48264 total 74150 76 8000 00 51602 48 903 00 329 94 5251 64 7569 22 37944 74 2952 04 9920 80 1129 93 7325 17 46 Total disbursements 385689 54 IVLedger Assets 2 Mortgage loans on real estate first liens i 4 Book value of bonds excluding interest 40633638 and book value of stocks 4097575 total 5 Gash in companys office 234152 deposited in banks 1239174 total 6 Bills receivable i 11 Ledger assets NonLedger Assets 12 Interest due 6000 and accrued 95135 on mortgages 1011 35 13 Interest due 1125 and accrued 582050 on bonds 6945 50 15 Interest accrued on other assets 695 83 79300 00 447312 13 14733 26 137 35 541482 74 Total 19 Gross premiums in course of collection viz On poli cies or renewals issued subsequent to October 1 1910 Liability On policies or renewals issued prior to October 1 1910 Liability 34 Other nonledger assets viz Furniture and fixtures 37 Gross assets 8652 68 122976 60 33888 02 3957 91 710957 95ComptbolleeGenebals Repoet Deduct Assets Not Admitted 39 Bills receivable 137 35 40 Furniture and fixtures 3 957 91 43 Gross premiums in course of collection writ ten prior to October 1 1910 33888 02 44 Book value of ledger assets over market value viz 13251 38 Total 51 Admitted assets 753 VLiabilities 16 Special reserve for estimated amount of unpaid liability claims 39137 50 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 32544821 un earned premiums 50 per cent 162724 11 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 8443863 un earned premiums pro rata 54204 30 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 1910 viz Liability 26 Salaries rents expenses taxes bills accounts fees etc due 32 Advance premiums 100 per cent 33 Other liabilities viz 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 254823 42 45 Surplus as regards policyholders 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Liability Gross losses paid Liability 51234 66 659723 29 39137 50 216928 41 25827 33 2384 58 622 05 20000 00 304899 87 354823 42 659723 29 5050 57 1603 50 n 754 ComptrollebGenebals Repoet UNITED STATES BRANCH OF THE EMPLOYEES LIABILITY ASSURANCE CORPORATION OP LONDON ENGLAND Samuel Appleton United States Manager Home Office in United States 33 Broad St Boston Mass ICapital Stock 2 Amount of ledger assets December 31 of LTD previous year Extended at 5025059 72 5025059 72 IIIncome 1664 02 1 Gross premiums written and renewed during the year Accident 29258390 health 9094827 liability 4 12069425 Fidelity 14463717 steam boiler 15 59720 burglary and theft 9443812 auto property damage 37730104 workmens collective 5966127 total 2 Deduct reinsurance Accident 40250 health 7000 fidelity 39375 burg lary and theft 79777 total 3 Deduct return premiums on policies can celled Accident 1810727 health 755825 liability 36214625 fidelity 2669886 steam boiler 146001 burglary and theft 699419 auto prop erty damage 4980892 workmens col lective 194517 total 4 Deduct premiums on policies not taken Accident 2184516 health 1092923 liability 14864078 fidelity 239526 steam boiler 71733 burglary and theft 555998 auto property damage 3568783 workmens collective 7 55926 total 474718 92 5195861 22 233334 83 Total deductions Accident 4035493 health 18 55748 liability 51078703 fidelity 2948787 steam boiler 217734 burglary and theft 1335194 auto property damage 8549675 workmens collective 950443 total 709717 77 Net premiums Accident 25222897 health 7239079 liability 360990722 fidelity 11514930 steam boiler 1341986 burglary and theft 8108618 auto property damage 29180429 workmens collective 5015684 total 4486143 45ComptrollerGenerals Report 755 24 Gross interest on bonds and dividends on stocks less 558799 accrued interest on bonds acquired during 1910 171605 66 25 Gross interest on deposits in trust com panies and banks 184 49 26 Gross interest from all other sources Ee eeived on agency bank account 31132 received on cash held by trustees 1 24944 total 1560 76 30 Total gross interest 173 350 yi 36 From agents balances previously charged off 126 61 38 Gross increase by adjustment in book value of ledger assets viz Bonds 2585 00 39 Total income 4662205 97 IIIDisbursements 1 Gross amount paid for losses Accident 13150320 health 2660281 liability 134311934 fidelity 53 02976 steam boiler 34880 burglary and theft 29 90666 auto property damage 13249580 workmens collective 2224746 total 1739253 89 2 Deduct reinsurance Accident 27 14 3 Deduct salvage Fidelity 9505 90 Total deductions 9 533 04 4 Net amount paid policyholders for losses Accident 13147612 health 2660281 liability 134311934 fidelity 4352386 steam boiler 34880 burglary and theft 2990666 auto property damage 13249580 workmens collective 2224746 total 1729720 80 17 Investigation and adjustment of claims viz Accident 353665 automobile property damage 639078 health 18615 workmens collective 49537 liabil ity 31346022 fidelity 173449 burglary and theft 63365 total 326437 31 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 9155510 automobile property damage 73 62243 health 1844061 workmens collective 9 93079 liability 93313305 steam boiler 339894 fidelity 2514254 burglary and theft 2275921 total 1177982 6 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 92 920 93 29 Salaries traveling and all other expenses of agents not paid by commissions 49 001 80756 CompteolleeGenebals Eepoet 31 Inspections other than medical and claim 46496 67 32 Eel 25468 34 Taxes on real estate 6946 9d 35 State taxes on premiums 37 All other licenses fees and taxes County and municipal taxes and fees 128160 publication of statements 74550 franchise tax 9564 miscellaneous 23185 total 42 Legal expenses 43 Advertising 44 Printing and stationery and supplies 45 Postage telegraph telephone and express 46 Furniture and fixtures 47 Remitted to head office 48 Other disbursements Investment expenses 5975 mis cellaneous 188532 total 53 Agents balances charged off 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 56 Total disbursements 4038473 32 2354 59 1649 01 8354 64 37268 57 26422 33 3187 33 363072 16 1945 07 936 16 68749 50 IVLedger Assets 4 Book value of bonds 5 Cash in companys office 7 Deposits in trust companies and banks on interest 8 Cash deposited with trustees with Hidden Peabody Co on interest 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1900 Accident 5322112 health 860930 liability 63160937 fidelity 1252261 steam boiler 3 13065 burglary and theft 1643593 automobile property damage 5087312 workmens collective 626131 total 782663 41 On policies or renewals issued prior to October 1 1910 Accident 218064 health 130051 liability 2056049 fidelity 14009 burglary and theft 49852 automobile property damage 36216 workmens collective 26114 total 25303 55 4810993 75 3259 65 767 80 25804 21 Total 807966 96 30 Ledger assets 5648792 37 ComptbolleeGeneeals Repoet 757 NonLedger Assets 32 Interest due and accrued on bonds 64914 82 43 Gross assets 5713 707 19 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1910 25303 55 55 Admitted assets 5688403 64 VLiabilities 1 Losses and claims reported or in process of adjustment Accident 7187200 health 574300 fidelity 21 71700 steam boiler 55600 burglary and theft 4 55500 auto property damage 3079000 workmens collective 420800 total 139441 00 2 Losses and claims resisted Accident 665500 fidelity 760000 burglary and theft 18500 auto property damage 95000 total 15390 00 3 Net unpaid claims except liability claims Accident 78 52700 health 574300 fidelity 2931700 steam boiler 55600 burglary and theft 474000 auto property damage 3174000 workmens collective 420800 total 154831 00 4 Estimated expenses of investigation and adjustment of unpaid claims Accident 413300 health 30200 fidelity 154300 steam boiler 2900 burglary and theft 25000 auto property damage 167000 work men s collective 22200 total 8149 00 8 Totals Accident 8266000 health 604500 fidelity 3086000 steam boiler 58500 burglary and theft 499000 auto property damage 3341000 workmens collective 443000 total 162980 00 17 Special reserve for unpaid liability losses 1078709 20 20 Total unpaid claims and expenses of settlement 1241689 20 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 352947577 un earned premiums fifty per cent 1764737 89 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 48910198 unearned premiums pro rata 244964 00 23 Total unearned premiums 2009701 89758 ComptrollerGeneral s Report 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 1469175 auto mobile property damage 1661926 health 832300 workmens collective 160386 liability 19185732 steam boiler 92321 fidelity 351329 burglary and theft 511846 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 242650 15 50000 00 50000 00 46 Total amount of all liabilities except capital 3594041 21 47 Statutory deposit 250000 00 48 Surplus over all liabilities 1844362 40 49 Surplus as regards policyholders 2094362 40 50 Total liabilities 5688403 64 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 505511 health 275639 liability 13 78360 fidelity 94739 burglary and theft 28565 workmens collective 292702 total Gross losses paid Accident 25547 health 151009 lia bility 832273 fidelity 76685 burglary and theft 15590 workmens collective 64101 total Gross losses incurred Accident 73047 health 126009 liability 1032773 fidelity 25685 burglary and theft 15590 workmens collective 125101 total 25755 16 11652 05 13982 05 EMPIRE STATE SURETY COMPANY OF NEW YORK Wm M Tomlins Jr President Daniel Stewart Secretary Home Office 192 Montague St Brooklyn N Y R E Watson 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 1614963 04 Extended at 1614963 04ComptrollerGeneral s Report 759 IIIncome 1 Gross premiums written and renewed during the year Accident 9527143 health 5607414 liability 365 99835 fidelity 14099939 surety 44181832 plate glass 7560514 steam boiler 190065 burglary and theft 14031372 sprinkler 276387 workmens col lective 551198 total 1326256 2 Deduct reinsurance Accident 2738094 health 1347684 liability 9852674 fidelity 898267 surety 3639894 plate glass 4320827 steam boiler 4 99320 burglary and theft 1563077 sprinkler 389356 total 25449193 3 Deduct return premiums on policies can celled Accident 682960 health 2 53138 liability 2365497 fidelity 742419 surety 806753 plate glass 422588 steam boiler 25817 bur glary and theft 691998 sprinkler 37469 workmens collective 7500 total 60361 39 4 Deduct premiums on policies not taken Accident 2402356 health 1740994 liability 8322515 fidelity 1597504 surety 7776867 plate glass 20 52954 steam boiler 52112 burglary and theft 3007155 sprinkler 86434 workmens collective 1658 total 270405 49 99 Total deductions Accident 5823410 health 3341816 liability 20540686 fidelity 3238190 surety 122 23514 plate glass 6796369 steam boiler 577249 burglary and theft 5262230 sprinkler 513259 workmens collective 9158 total 583258 81 Net premiums Accident 3703733 health 2265598 liability 16059149 fidelity 10861749 surety 31958318 plate glass 764145 steam boiler 3 87184 burglary and theft 8769142 sprinkler 2 36872 workmens collective 542040 total 742998 18 22 Gross interest on mortgage loans 13739 96 23 Gross interest on collateral loans 369 80 24 Gross interest on bonds and dividends on stocks less 167 accrued interest on bonds acquired during 1910 29701 13 25 Gross interest on deposits in trust compa nies and banks 1127 16B 760 ComptrollerGeneral s Report 26 Gross interest from all other sources viz Interest on bills receivable 26429 in terest received on collateral deposits 10430 total 29 Gross rents from companys property 368 59 852 00 30 Total gross interest and rents 46158 64 31 From other sources viz Borrowed money 32750 00 37 Gross profit on sale or maturity of ledger assets viz Real estate 105000 bonds 324917 total 4299 17 39 Total income 826205 99 IIIDisbursements 1 Gross amount paid for losses Accident 3683938 health 2217070 liability 9487358 fidelity 16 55624 surety 11647404 plate glass 3586160 steam boiler 57425 burglary and theft 3317584 sprinkler 12000 workmens collective 277061 total 359416 24 2 Deduct reinsurance Accident 208323 health 33412 fidelity 49693 surety 1589 burglary and theft 582710 total 8757 3 Deduct salvage Liability 31635 fidel ity 355067 surety 4438129 plate glass 47444 burglary and theft 12266 total 4884541 4 Total deduction Accident 208323 health 33412 liability 31625 fidelity 404760 surety 4439718 plate glass 47444 burglary and theft 594976 total 5 Net amount paid policyholders for losses Accident 34 75615 health 2183658 liability 9455723 fidelity 1250864 surety 7207686 plate glass 3538716 steam boiler 57425 burglary and theft 2722608 sprinkler 12000 workmens collective 277061 total 17 Investigation and adjustment of claims viz Accident 120920 health 120920 liability 6287875 fidel ity 483684 surety 2418407 plate glass 120922 burglary and theft 120921 total 23 Commisions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 1249247 health 704320 liability 20 65366 fidelity 2260720 surety 7027527 plate 57602 68 301813 56 96736 49ComptrollerGenebal s Report 761 glass 182743 steam boiler 140952 burglary and theft 2745386 sprinkler 72281 workmens col lective 128418 total 161504 94 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 104839 84 29 Salaries traveling and all other expenses of agents not paid by commissions 92239 62 31 Inspections other than medical and claim 10 914 46 32 Rents 10021 10 33 Repairs and expenses other than taxes on real estate 1551 77 34 Taxes on real estate 1 705 93 35 State taxes on premiums 13 745 23 36 Insurance department licenses and fees 7 120 96 42 Legal expenses 2 428 82 43 Advertising 937 97 44 Printing and stationery lg 472 49 45 Postage telegraph telephone and express 9597 21 46 Furniture and fixtures 2 060 80 48 Other disbursements viz Borrowed money paid 32 75000 mortgage on real estate paid off 350000 traveling home office 248278 rating bureau 1 00000 service bureau 300000 dues to associations 174257 miscellaneous expense 573995 examina tions 368184 total 5389714 54 Gross loss on sale or maturity of ledger assets viz Real estate 21925 76 56 Total disbursements 921504 09 IVLedger Assets 1 Book value of real estate 53896 81 2 Mortgage loans on real estate first liens 26527315 other than first 205169 total 267324 84 4 Book value of bonds 53232749 and stocks 20602500 total 738352 49 5 Cash in company s office 19 702 69 6 Deposits in trust companies and banks not on interest 24 413 97 7 Deposits in trust companies and banks on interest 12680 89 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 1249683 health 763327 liability 6139282 fidelity 1283370 surety 6828856 plate glass 14969 burglary and theft 2332463 workmen s collective 7200 total 18619150 On policies or renewals issued prior to Octo ber 1 1910 Accident 279759 health 136525 liability 2486669 fidelity762 ComptrollerGenerals Report 527549 surety 9170113 plate glass 160032 steam boiler 15300 bur glary and theft 111507 sprinkler 500 workmens collective 9943 total 128978 97 24 Totals 3Mfl70 47 25 Bills receivable 1482357 accounts receivable 769071 total 22514 28 26 Other ledger assets viz Agents balances 1598181 sundry ledger accounts 4674968 cash in suspended banks 287701 total 65608 50 30 Ledger assets 1519664 94 NonLedger Assets 31 Interest due 111630 and accrued 3 66264 on mortgages 4778 94 32 Interest on bonds 4893 34 37 Rents due 733 33 Total 10405 61 40 Other nonledger assets viz Losses due from reinsuring companies 81 50 43 Gross assets 1530152 05 Deduct Assets Not Admitted 45 Bills receivable 1482357 accounts re ceivable 769071 total 22514 28 49 Premiums in course of collection written prior to October 1 1910 128978 97 50 Book value of ledger assets over market value viz Stocks and bonds 76 78499 real estate 7889 agents bal ances 1598181 sundry ledger ac counts 4674968 total 139595 37 Total 291088 62 55 Admitted assets 1239063 43 VLiabilities 1 Losses and claims adjusted Accident 222693 health 40000 fidelity 15000 surety 374719 burglary and theft 174487 total 8268 99ComptrollerGeneral s Report 76c 2 Losses and claims reported or in process of adjustment Accident 233742 health 145657 fidelity 16 96557 surety 6517269 burglary and theft 564332 workmens collective 7288 total 91 648 45 3 Losses and claims resisted Accident 68035 health 20705 fidelity 3867147 surety 6552842 bur glary and theft 75000 sprinkler 109153 total 106928 82 4 Total losses and claims Accident 524470 health 2 06362 fidelity 5578704 surety 13444830 bur glary and theft 813819 sprinkler 109153 work men s collective 7288 total 5 Deduct reinsurance Fidelity 756051 burglary and theft 20000 total 6 Net unpaid claims except liability claims Accident 5 24470 health 206362 fidelity 4822653 surety 13444830 burglary and theft 793819 sprinkler 109153 workmens collective 7288 total 17 Special reserve for unpaid liability losses 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 45597002 un earned premiums fifty per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 10934367 unearned premiums pro rata 227985 01 53331 01 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 410500 health 241261 liability 748992 fidelity 268224 surety 1502328 plate glass 3592 burglary and theft 7 30060 workmens collective 1699 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 35 Reinsurance and coinsurance 37 Other liabilities viz Due United States Casualty Co for reinsurance liability accident and health business 742704 due for advances to adjusters and special agents carried as an asset in cash in offices 203546 total 206846 26 7760 51 199085 75 44630 84 243716 59 281316 02 39066 56 6620 23 10000 00 10502 86 9462 50 46 Total amount of all liabilities except capital 600684 76764 ComptrollerGenerals Eeport 47 Capital actually paid up in cash 500000 00 48 Surplus over all liabilities 138378 67 49 Surplus as regards polieyholders 638378 67 50 Total liabilities 1239063 43 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 240778 health 173389 liability 2 68849 fidelity 58775 surety 34120 plate glass 33434 steam boiler 252 burglary and theft 42374 sprinkler 013 total 851958 Gross losses paid Accident 137019 health 130891 liability 100725 surety 183739 plate glass 12106 burglary and theft 5000 total 5694 80 Gross losses incurred Accident 137019 health 130891 liability 100725 surety 183739 plate glass 12106 burglary and theft 5000 total 569480 EQUITABLE CASUALTY COMPANY OF ATLANTA GA John S Candler President 8 A Moore Secretary Home Office 329 Candler Bldg Atlanta Ga ICapital Stock 1 Amount of capital stock paid up in cash 107800 00 Extended at 107800 00 IIIncome 1 Gross premiums written and renewed during the year Accident 719608 health 621004 liability 7 02458 plate glass 183254 steam boiler 41500 burglary and theft 66525 industrial 47185 total 23815 34 2 Deduct gross premiums now in course of collection Ac cident 189499 health 154299 liability 318711 plate glass 47122 steam boiler 14500 burglary and theft 35996 industrial 9578 total 7697 05 3 Entire premiums collected during the year Accident 530109 health 466705 liability 383747 plate glass 136132 steam boiler 27000 burglary and theft 30529 industrial 37607 total 16118 29 ComptrollerGeneral s Report 4 Deduct reinsurance return premiums and cancellations Accident 194094 health 153381 liability 1 73534 plate glass 16993 steam boiler 18000 bur glary and theft 11030 total 5 Net cash actually received for premiums Accident 3 36015 health 313324 liability 210213 plate glass 119139 steam boiler 9000 burglary and theft 19499 industrial 37607 total 19 Policy fees required or represented by applications 22 Interest on bonds and dividends on stocks 1939 41 23 Interest on deposit 146 34 24 Interest from all other sources 1134 56 26 Total interest and rents 32 From all other sources Surplus from sale of stock 765 5670 32 10447 97 207 75 3220 31 45953 50 38 Total income 59829 53 IIIDisbursements 14 18 20 21 22 23 24 27 29 30 31 32 37 46 Net amount paid policyholders for losses Accident 91443 health 49570 liability 38435 plate glass 20048 burglary and theft 10418 industrial 4915 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 92327 health 88787 plate glass 33651 liability 36222 steam boiler 800 burglary and theft 5278 industrial 8626 total Policy fees retained by agents 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 Inspections other than medical Rents All other taxes licenses and insurance department fees Advertising Printing and stationery Postage and express Furniture and fixtures All other disbursements viz Sundry expenses 67558 exchange 6860 telephone 9998 telegraph 2703 total Total disbursements 2148 29 2656 91 207 75 9963 98 3085 85 21 00 14 85 1197 50 878 46 4946 03 4426 14 383 70 1186 15 871 19 31987 80766 CompteolleeGeneeal s Repoet IVLedger Assets 2 Mortgage loans on real estate first liens 4 Book value of bonds excluding interest 5 Cash in companys office 14679 deposited in banks 1255979 total 6 Bills receivable 7 Other ledger assets viz Secured notes 11 Ledger assets NonLedger Assets 12 Interest accrued on mortgages 13 Interest accrued on bonds 1809 17 15 Interest accrued on other assets 325 77 Total 19 Gross premiums in course of collection viz On policies or renewals issued sub sequent to October 1 1910 Accident 125778 health 102135 liability 306405 plate glass 45080 steam boiler 14500 buTglary and theft 35996 industrial 3928 total 6338 22 On policies or renewals issued prior to October 1 1910 Accident 63721 health 52164 liability 12306 plate glass 2042 industrial 5650 total 1358 83 Total 34 Other nonledger assets viz Supplies printed matter and stationery 442614 furniture and fixtures 118615 total 37 Gross assets Deduct Assets Not Admitted 39 Bills receivable 406 90 40 Furniture and fixtures 1186 15 41 Supplies printed matter and stationery 4426 14 43 Gross premiums in course of collection written prior to October 1 1910 1358 83 Total 51 Admitted assets 1000 00 107858 25 12706 58 406 90 136 70 135641 73 2140 77 7697 05 5612 29 151091 84 7378 02 143713 82i Li r i5gr ComptkollerGenebal s Report VLiabilities 1 Losses and claims in process of adjustment Accident 11517 health 3750 total 2 Losses and claims reported proofs not received Accident 20891 health 4250 burglary and theft 6258 in dustrial 5833 total 3 Totals Accident 32408 health 8000 theft 6258 industrial 5833 total 16 Special reserve for unpaid liability losses burglary and 18 Total unpaid claims and expenses of settlementi 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1784203 un earned premiums 50 per cent 8685 09 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 30299 un earned premiums pro rata 302 99 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 1910 viz Accident 36382 health 27739 plate glass 12537 liability 69223 steam boiler 3850 burglary and theft 9557 indus trial 2327 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 107800 00 44 Surplus over all liabilities 23534 70 45 Surplus as regards polieyholders 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 417362 health 377941 liabil ity 418021 plate glass 106069 steam boiler 19000 burglary and theft 24445 industrial 39255 total Gross losses paid Accident 82515 health 41335 liabil ity 17935 plate glass 16399 burglary and theft 1500 industrial 3665 total 767 152 67 372 32 524 99 225 00 749 99 8988 08 1616 15 964 90 12379 12 131334 70 143713 82 14020 93 1633 49768 ComptrollerGenerals Report FEDERAL CASUALTY COMPANY OF DETROIT MICHIGAN V D Cliff President Peter Patterson Secretary Home Office 533 Majestic Building Detroit Michigan John R Thornton Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance December 31st of previous year 3 Increase of paidup capital during the year 250855 86 100000 00 Extended at 350855 86 IIIncome 2 Gross premiums written and renewed during the year Accident and health 34574735 6 Deduct reinsurance return premiums and cancellations Accident and health 426 4S 18 Total net cash actually received for premiums 19 Policy fees required or represented by applications 22 Interest on bonds and dividends on stock 9062 98 23 Interest on deposit 431 97 26 Total interest and rents 32 From all other sources viz Increase by adjustment in book value of bonds 38 Total income IIIDisbursements 345320 87 36120 00 9494 95 500 00 391435 82 1 Gross amount paid for losses Accident and health t 139871 23 5 Total Accident and health 139871 23 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 63609 IS 18 Policy fees retained by agents 35844 10 19 Stockholders for interest or dividends amount declared during the year 12000000 10000000 stock 20 00000 cash 115000 00 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 23083 07ComptrollerGeneral s Eeport 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 24 Bents 26 Taxes on premiums 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 37 All other disbursements viz Premiums paid on bonds purchased 361750 agents balances charged off 21371 office supplies 112954 total 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 5 Cash in companys office 84589 deposited in banks 1454018 total 11 Ledger assets NonLedger Assets 13 Interest accrued on bonds 18 Market value of borids and stocks over book value 37 Gross assets VLiabilities 1 Losses and claims Our claims average about 1850 each per year claims pending at close of year 1909 averaged 3567 each so we estimate 530 claims at 3600 each total 18 Total unpaid claims and expenses of settlement 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 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 42 Total amount of all liabilities except capital 769 38864 42 1467 38 7217 98 6047 34 2687 07 305 20 1509 18 5502 72 6660 79 275 20 500 00 4960 75 453405 61 273500 00 15386 07 288886 07 4250 13 7038 30 300174 50 19080 00 19080 00 3000 00 6500 00 5000 00 4901 75 38481 75770 ComptrollerGenerals Report 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 61692 75 45 Surplus as regards policyholders xt 300174 50 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident and health 50946 Gross losses paid Accident and health FIDELITY AND DEPOSIT COMPANY OF MARYLAND Edwin Warfield President Harry Nicodemus Secretary Home Office N W Cor 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 6291105 98 6291105 98 Extended at IIIncome 1 Gross premiums written and renewed during the year Accident 5993813 health 267550S fidelity and surety 293545725 plate glass 9711897 burglary and theft 1078070 total 3lo00o0 2 Deduct reinsurance and cosurety Acci dent 47048 health 14000 fidelity and surety 16172479 burglary and theft 11353 total 162448 80 3 Deduct return premiums on policies can celled Accident 10035 fidelity and surety 15180638 burglary and theft 26737 total 152174 10 4 Deduct premiums on policies not taken Accident 134447 health 72041 fidelity and surety 14793682 plate lass 185990 burglary and theft 1 33076 total 153192 36 5 Total deductions Accident 191530 health 86041 fidelity and surety 46146799 plate glass 185990 burglarv and theft 171166 total 467815 26ComptrollerGenerals Eeport 771 6 Net premiums Accident 5802283 health 2589467 fidelity and surety 2473989 26 plate glass 95 25907 burglary and theft 906904 total 2662234 87 21 Inspections gyn 25 23 Gross interest on collateral loans 2000 00 24 Gross interest on bonds and dividends on stocks 191616 99 25 Gross interest on deposits in trust com panies and banks 5 173 56 26 Gross interest from all other sources viz New York excise currentlosses fund 27211 New York excise reserve fund 191305 New York excise premiums undistributed 34350 various notes etc 28515 total 2813 81 29 Gross rents from companys property in cluding 1767835 for companys occh pancy of its own buildings 59432 76 30 Total gross interest and rents 261 037 12 31 From other sources viz Commissions and fees 137400 returned premiums allowed but not yet claimed Dec 31 1910 1857698 returned premiums allowed but not yet claimed Dec 31 1909 857110 advance premiums Dec 31 1910 2508201 advance premiums Dec 31 1909 2243257 premiums due for reinsur ance and cosurety Dee 31 1910 1326543 premiums due for reinsurance and cosurety Dee 31 1909 10 30381 total 16990 94 36 From agents balances previously charged off 50 00 37 Gross profit on sale or maturity of ledger assets viz Bonds 213750 stocks 475600 total 6893 50 38 Gross increase by adjustment in book value of ledger assets viz Bonds 100000 stocks 1308200 total 14082 00 39 Total income 2962158 68 IIIDisbursements 1 Gross amount paid for losses Health 9108 fidelity and surety 88899704 plate glass 8590 total 2 Deduct reinsurance Fidelity and surety 36089 29 3 Deduct salvage Fidelity and surety 300838 97 4 Total deduction Fidelity and surety 5 Net amount paid policyholders for losses Health 9108 Fidelity and surety 55206878 plate glass 8590 total 16 Collection expensessalvage recovery 889174 02 336928 26 552245 76 14967 42772 ComptrollerGeneral s Report 17 Investigation and adjustment of claims viz Fidelity and surety 27211 73 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2637270 health 1155689 fidelity and surety 49508253 plate glass 4329843 burglary and theft 67802 total 576988 57 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 244150 98 29 Salaries traveling and all other expenses of agents not paid by commissions 109o3o 33 30 Medical examiners fees and salaries S 0 31 Inspections other than medical and claim 26289 35 32 Bents including 1767835 for companys occupancy of its own buildings 31696 58 33 Repairs and expenses other than taxes on real estate 20059 44 34 Taxes on real estate 17813 34 35 State taxes on premiums 39357 81 36 Insurance department licenses and fees 10369 51 37 All other licenses fees and taxes viz Municipal taxes 251633 State county and city taxes on capital stock 4465798 federal corporation tax 234309 total 49517 40 42 Legal expenses 62925 42 43 Advertising 7878 55 44 Printing and stationery 24993 01 45 Postage telegraph telephone and express 23492 20 46 Furniture and fixtures 8974 ls 47 Stockholders for interest or dividends amount declared during the year 32000000 320000 00 48 Other disbursements viz Development 1635075 trav eling expenses 2227042 incidentals 1874206 total 57363 23 53 Agents balances charged off 62 50 54 Gross Joss on sale or maturity of ledger assets viz Bonds 472500 51 Grosa decrease by adjustment in book value of ledger assets viz Bonds 7176300 stocks 285600 total 74619 00 56 Total disbursements 2305240 31 IVLedger Assets 1 Book value of real estate 1281282 18 3 Loans secured by pledge of bonds stocks or other collat erals iO5900 00 4 Book value of bonds 244423700 and stocks 1564 33200 total 4008569 00 5 Cash in companys office 1464 05 6 Deposits in trust companies and banks not on interest 344370 87 7 Deposits in trust companies and banks on interest 292044 45ComptbollebGenebals Eepoet 773 8 Premiums in course of collections viz On policies or renewals issued on or after October 1 1910 Accident 496240 health 238971 fidelity and surety 37608820 plate glass 870625 bur glary and theft 699162 total 399138 18 On policies or renewals issued prior to Octo ber 1 1910 Fidelity and surety 169218 83 24 Totals 568357 01 26 Other ledger assets viz New York excise currentlosses fund 1248937 New York excise reserve fund 32 95703held by joint committee Advance on con tracts Amsterdam N Y 21463713 advance on contracts Philadelphia Pa 3953928 advance on contracts Baltimore Md 2542495 advance on con tracts Baltimore Md 1348075 advance on con tracts Baltimore Md 750828 total 346036 79 30 Ledger assets 6948024 35 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October J 1910 169218 83 55 Admitted assets 6778805 52 VLiabilities 1 Losses and claims adjusted Fidelity and surety 2357 26 2 Losses and claims reported or in process of adjustment Accident 2500 health 20000 fidelity and surety 24833850 plate glass 66815 total 249231 65 3 Losses and claims resisted Fidelity and surety 338616 42 4 Total losses and claims Accident 2500 health 20000 fidelity and surety 589 31218 plate glass 66815 total 590205 33 6 Net unpaid claims except liability claims Accident 2500 health 20000 fidelity and surety 58931218 plate glass 66815 total 590205 33 20 Total unpaid claims and expenses of settlement 590205 33 201 Gross premiums less reinsurance upon all unexpired excise risks written in New774 ComptrollebGenebals Repobt York State mailing one year or less from date of policy 7355859 un earned premiums seventyfive per eent 55168 94 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 220347464 un earned premiums fifty per cent 1101737 32 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 38588950 unearned premiums pro rata 320898 22 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 137450 health 69670 fidelity and surety 8325757 plate 253340 burglary and theft 203712 total 30 State county and municipal taxes due or accrued 34 Return premiums 35 Reinsurance and coinsurance 36 Advance premiums one hundred per cent 37 Other liabilities viz Reserve for expenses in transit 1477804 48 89899 29 50000 00 18576 98 13265 43 25082 01 7500 00 46 Total amount of all liabilities except capital 2272333 52 47 Capital actually paid up in cash 2000000 00 48 Surplus over all liabilities 2506472 00 49 Surplus as regards policyholders 4506472 00 6778805 52 50 Total liabilities Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 52297 health 42984 fidelity surety 39 00541 plate glass 47685 total 40435 07 Gross losses paid Fidelity surety 13577 11 Gross losses incurred Fidelity surety 5001d ou UNITED STATES BRANCH OF THE FRANKFORT MARINE ACCIDENT AND PLATE GLASS INSURANCE COMPANY OF GERMANY C H Franklin United States Manager and Attorney Principal Office in United States 100 William St New York City Pair Dodd Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 250000 00ComptrollerGenerals Report 2 Amount of ledger assets December 31 of 775 previous year 1501790 94 Extended at 1501790 94 IIIIncome 1 Gross premiums written and renewed during the year Accident and health 15417350 liability 1052 42116 burglary and theft 4185503 workmens col lective 7542399 totals 1323873 68 2 Deduct reinsurance Accident and health 590112 liability 39599 burglary and theft 4185503 workmens collec tive 7542399 total 1323873 68 3 Deduct return premiums on policies can celled Accident and health 83759 liability 4309242 burglary and theft 259967 workmens collective 3 48193 total 50011 61 4 Deduct premiums on policies not taken Accident and health 2634016 liabil ity 8942775 burglary and theft 6 49407 workmens collective 193000 total 124191 98 5 Total deductions Accident and health 3307887 lia bility 13291616 burglary and theft 1562795 workmens collective 541193 total 187034 91 6 Net premiums Accident and health 12109463 liabil ity 91950500 burglary and theft 2622708 work men s collective 7001206 total 1136838 77 20 Policy fees required or represented by applications 10033 66 24 Gross interest on bonds and dividends on stocks 47660 76 25 Gross interest on deposits in trust com panies and banks 1183 91 30 Total gross interest 48844 67 39 Total income 1195717 10 HIDisbursements 1 Gross amount paid for losses Accident and health 52 23106 liability 52059188 burglary and theft 12 73245 workmens collective 3026980 total 615825 19776 ComptrollerGeneral s Report 2 Deduct reinsurance Accident and health 145433 burglary and theft 220555 totali 3 Deduct salvage Burglary and theft 4 Total deductions Accident and health lary and theft 225655 total 3659 88 51 00 145433 burg 17 22 23 Net amount paid polieyholders for losses Accident and health 5077673 liability 52059188 burglary and theft 1047590 workmens collective 3026980 total Investigation and adjustment of claims viz Accident and health 543664 workmens collective 175030 liability 8767281 burglary and theft 189768 total Policy fees retained by agents Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident and health 4224846 workmens collective 1730381 liability 22699608 burglary and theft 763388 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 31 Inspections other than medical and claim 32 Bents 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes Municipal licenses and fees 91477 franchise taxes 10724 total 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 47 Stockholders for interest or dividends 48 Other disbursements Remittance to home office 10 51364 miscellaneous 585131 total 53 Agents balances charged off 54 Gross loss on sale or maturity of ledger assets viz Bonds 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 56 Total disbursements 3710 88 612114 31 96757 43 10033 66 2941S2 23 47628 84 33599 56 17159 95 7767 55 15498 07 4979 55 1022 01 1165 87 6084 25 12406 25 6268 38 436 86 16364 95 2457 19 80 78 918 47 1186926 16 IVLedger Assets 4 Book value of bonds 5 Cash in companys office 6 Deposits in trust companies and banks not on interest 1265022 57 650 00 1021 94CoMPTEOLLEEGrENEBALs REPORT 777 7 Deposits in trust companies and banks on interest 24 363 80 8 Premiums in course of collection viz Accident and health 1190637 liabil ity 16575484 burglary and theft 558774 workmens collective 18 23497 total 201483 92 On policies or renewals issued prior to October 1 1910 Accident and health 65 cents liability 914908 total 9149 73 Total 27 Cash in hands of trustees 210633 65 8889 92 30 Ledger assets 1510581 88 NonLedger Assets 32 Interest accrued on bonds 34 Interest accrued on other assets 13727 08 100 55 Total 43 Gross assets 13827 63 Deduct Assets Not Admitted 1524409 51 m 49 Premiums in course of collection written prior to October 1 19104 51 Bonds 9149 73 42217 57 Total 55 Admitted assets 51367 30 1473042 21 VLiabilities 1 Losses and claims adjusted Accident and health 2 26000 burglary and theft 70000 totalf 2 Losses and claims reported or in process of adjustment Accident and health 1597000 burglary and theft 309000 workmens collective 1673825 total 3 Losses and claims resisted Accident and health 6 53000 marine 300000 total 2960 00 35798 25 9530 00 4 Total losses and claims Accident and health 2476000 burglary and theft 379000 marine 300000 work mens collective 1673825 total 48 288 25 5 Deduct reinsurance Accident and health 180000 burg lary and theft 28000 total 2080 00 778 ComptrollerGenerals Eeport 6 Net unpaid claims except liability claims Accident and health 2296000 burglary and theft 351000 ma rine 300000 workmens collective 1673825 total 7 Estimated expenses of investigation and adjustment of unpaid claims Accident and health 114800 burglary and theft 35100 workmens collective 41845 total 8 Total Accident and health 2410800 burglary and theft 386100 marine 300000 workmens collec tive 1715670 total 17 Special reserve for unpaid liability losses 46208 25 1917 45 48125 70 479235 35 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 74353753 un earned premiums fifty per cent 371768 76 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 6393797 un earned premiums pro rat a 527361 05 22 35376 15 93 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident and health 4 13112 workmens collective 414651 liability 42 48639 burglary and theft 184093 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 36 Advance premiums one hundred per cent 407144 91 52604 95 1500 00 11800 00 2334 89 46 Total amount of all liabilities except capital 1002745 80 47 Capital actually paid up in cash 48 Surplus over all liabilities 220296 41 470296 41 49 Surplus as regards policyholders 50 Total liabilities 1473042 21 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident and health 116955 liability 641687 burglary and theft 2220 workmens collective 20226 total Gross losses paid Accident and health 30525 liability 447405 burglary and theft 1403 total Gross losses incurred Accident and health 30525 liability 447405 burglary and theft 1403 total 7810 88 4793 33 4793 33ComptbolleeGenebal s Kepokt 779 UNITED STATES FIDELITY AND GUARANTY COMPANY OF BALTIMORE MARYLAND John R Bland President Geo R Callis Sec and Treas Home Office United States Fidelity and Guaranty Bldg Baltimore Md Wm A Wright 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 5339951 16 Extended at 5339951 16 IIIncome 1 Gross premiums written and renewed during the year Accident 2322626 health 1219542 liability 160 15416 fidelity and surety 385237967 plate glass 1774495 steam boiler 803090 burglary and theft 33471269 fly wheel 84911 auto property damage 572177 workmens collective 235475 total 4417369 68 2 Deduct reinsurance Accident 203369 health 123571 liability 5667 fidel ity and surety 13381534 steam boiler 8000 burglary and theft 2488150 fly wheel 21528 total 162318 19 3 Deduct return premiums on policies can celled Accident 67279 health 13683 liability 675725 fidelity and surety 28420821 plate glass 47356 steam boiler 38789 burglary and theft 1517120 auto property damage 4100 total 307848 73 4 Deduct premiums on policies not taken Accident 174958 health 135387 liability 1821577 fidelity and surety 11765250 plate glass 127565 steam boiler 95234 burglary and theft 2985942 total 171059 13 Total deductions Accident 445606 health 272641 liability 2502969 fidelity and surety 53567605 plate glass 174921 steam boiler 142023 burglary and theft 6991212 fly wheel 21528 auto property damage 4100 total 641226 05 780 ComptrollerGenerals Kepoet 6 Net premiums Accident 1877020 health 946901 liability 13512447 fidelity and surety 331670362 plate glass 1599574 steam boiler 661067 burglary and theft 26480057 fly wheel 63383 auto property damage 568077 workmens collective 235475 total 3776143 63 21 Inspections 30 39 22 Gross interest on mortgage loans 161 87 23 Gross interest on collateral loans 4978 05 24 Gross interest on bonds and dividends on stocks less 609286 accrued interest on bonds acquired during 1910 155040 02 25 Gross interest on deposits in trust com panies and banks 3444 52 26 Gross interest from all other sources viz Premium deposits in branch offices 2 49010 bills receivable 6150 total 2551 60 29 Gross rents from companys property in cluding 2132083 for companys occu pancy of its own buildings 35473 27 30 Total gross interest and rents 201649 33 31 From other sources viz Department guaranteed attor neys net 2317748 bills payable 9000000 com missions on fly wheel premiums in excess of those paid 3772 total 113215 20 36 From agents balances previously charged off 4046 71 37 Gross profit on sale or maturity of ledger assets viz Bonds 668 10 39 Total income 4095753 36 IIIDisbursements 1 Gross amount paid for losses Accident 633224 health 154585 liability 435233 fidelity and surety 1 22569298 plate glass 69366 burglary and theft 6632350 auto property damage 50284 workmens collective 3970 total 1305483 10 2 Deduct reinsurance Health 15537 fidelity and surety 610035 burglary and theft 463036 total 10886 08 3 Deduct salvage Health 2605 liability 3700 fidelity and surety 45137614 plate glass 300 burglary and theft 107635 auto property damage 225 total 452520 79 4 Total deduction Health 18142 liability 3700 fidelity and surety 45747649 plate glass 300 burglary and theft 570671 auto property damage 225 total 463406 87ComptbollebGeneeals Kepobj 781 5 Net amount paid policyholders for losses Accident 6 33224 health 136443 liability 431533 fidelity and surety 76821649 plate glass 69066 burglary and theft 6061679 auto property damage 50059 workmens collective 3970 total 842076 23 17 Investigation and adjustment of claims viz Accident 800 liability 44694 fidelity and surety 12212738 burglary and theft 327741 workmens collective 1168 total 225 871 41 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 325468 health 189118 liability 10 82891 fidelity and surety 61865175 plate glass 2 34738 steam boiler 99061 burglary and theft 61 52230 auto property damage 47915 workmens col lective 9793 total 700063 89 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 287754 61 29 Salaries traveling and all other expenses of agents not paid by commissions 408384 09 31 Inspections other than medical and claim 14 836 11 32 Eents including 2132083 for companys occupancy of its own buildings 70035 65 33 Eepairs and expenses other than taxes on real estate 9514 86 34 Taxes on real estate 9 357 79 35 State taxes on premiums 58 220 82 36 Insurance department licenses and fees 20 817 23 37 All other licenses fees and taxes viz Federal corpora tion tax 274613 State city and county taxes on capital stock 1867323 taxes on personal property 55181 municipal licenses 253208 total 24503 25 42 Legal expenses 55735 62 43 Advertising 72661 94 44 Printing and stationery 66563 37 45 Postage telegraph telephone and express 80157 36 46 Furniture and fixtures 18 970 94 47 Stockholders for interest or dividends amount declared during the year 16000000 160000 00 48 Other disbursements viz Munich Reinsurance Company reserve account 45229 bills payable 9000000 inter est 109129 home office traveling expenses 698590 general miscellaneous expenses 1399958 total 112529 06 53 Agents balances charged off 5 478 74 54 Gross loss on sale or maturity of ledger assets viz Bonds 3310 00 55 Gross decrease by adjustment in book value of ledger assets viz Real estate 30 000 00 56 Total disbursements 4 3 yj 842 97782 ComptrollerGeneral s Report IVLedger Assets 534213 63 3000 00 112949 00 88721 80 229268 98 286832 51 1 Book value of real estate 2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other collater als 4 Book value of bonds 399945148 and stocks 291 18715 total 4290638 63 5 Cash and checks in companys office 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 654224 health 289559 liability 6983219 fidelity and surety 39384664 plate glass 741024 steam boiler 178671 burglary and theft 3131338 fly wheel 58636 automobile property damage 380514 workmens collective 10000 total 518H8 49 On policies or renewals issued prior to Octo ber 1 1910 Accident 6198 health 9483 liability 361081 fidelity and surety 4924653 plate glass 3943 steam boiler 8360 burglary and theft 104450 total 5418168 24 Totals 25 Bills receivable 26 Other ledger assets viz Due by V S government under contract 1574839 advance secured 4814675 due for subscription dept guaranteed attorneys 4174850 account with suspended bank Borough Bank of Brook lyn 3454319 total 572300 17 750 00 140186 83 30 Ledger assets 6258861 55 NonLedger Assets 75 00 31 Interest due on mortgages 32 Interest due 2931700 and accrued 24 32892 on bonds 33 Interest due on collateral loans 34 Interest due on other assets viz Bank balances estimated 37 Hents due on companys property or lease 43 Gross assets 6314435 18 53645 92 1144 38 250 00 458 33 55573 63 ComptrollerGeneral s Report 783 Deduct Assets Not Admitted 45 Bills receivable 750 00 49 Premiums in course of collection written prior to October 1 1910 54 181 68 49 Guaranteed attorney subscriptions writ ten prior to October 1 1910 3326 00 50 Book value of ledger assets over market value viz Bonds and stocks 214 009 73 272267 41 55 Admitted assets 60421677 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 71500 health 10000 fidelity and surety 45127032 steam boiler 16570 burglary and theft 946330 auto property damage 51500 workmens collective 17693 total 462406 25 3 Losses and claims resisted Fidelity and surety 444 67247 burglary and theft 97069 total 445643 16 4 Total losses and claims Accident 71500 health 10000 fidelity and surety 89594279 plate glass 16570 burglary and theft 1043399 auto property damage 51500 workmen s collective 17693 total 908049 41 6 Net unpaid claims except liability claims Accident 71500 health 10000 fidelity and surety 89594279 plate glass 16570 burglary and theft 1043399 auto property damage 51500 workmens collective 17693 total 908049 41 7 Estimated expenses of investigation and adjustment of un paid claims Fidelity and surety 50 000 00 8 Total losses and claims Accident 71500 health 10000 Fidelity and surety 945942 79 plate glass 16570 burglary and theft 1043399 auto property damage 51500 workmens collective 17693 total 958049 41 17 Special reserve for unpaid liability losses 22916 21 20 Total unpaid claims and expenses of settlement 980965 62 20 Gross premiums less reinsurance upon all unexpired excise risks written in New York State running one year or less from date of policy 6361691 un earned preimums seventyfive per cent 47 712 68784 ComptrollerGeneral s Eeport 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 333762698 un earned premiums fifty per cent 1668813 50 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 46308858 unearned premiums pro rata 250728 96 14 106765 53 23 Total unearned premiums 1967255 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1910 viz Accident 228978 health 1 01346 liability 1745805 fidelity and surety 74 83086 plate glass 222307 steam boiler 62535 burglary and theft 720208 fly wheel 14659 auto property damage 95129 workmens collective 2500 total 29 Salaries rents expense bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 34 Return premiums 35 Reinsurance 37 Other liabilities viz Munich Reinsurance Co reserve ac count 46 Total amount of all liabilities except capital 3154840 72 47 Capital actually paid up in cash 2000000 00 48 Surplus over all liabilities 887327 05 5000 00 54623 85 8945 58 13092 59 18192 41 49 Surplus as regards policyholders 2887327 05 50 Total liabilities 6042167 77 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 48400 health 52630 liability 93555 fidelity surety 5296151 plate glass 9407 burglary and theft 193213 total 56933 56 Gross losses paid Health 5357 liability 200 fidelity surety 1742437 burglary and theft 16200 total 17641 94 Gross losses incurred Health 5357 liability 38747 fidelity surety 2419998 burglary and theft 1200 total V 24653 02ComptrollerGeneral s Report 785 THE FIDELITY AND CASUALTY COMPANY OP NEW YORK Robert 1 Hillas President George w Ai Assistant Secret Home Office 9294 Liberty St and 97103 Cedar St New York City Eugene Oberdorfer Atlanta Attorney for Service in Georgia LCapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets December 31 of previous year 8997582 04 3 Extended at TT 8997582 04 IIIncome 1 Gross premiums written and renewed during the year Accident 273787384 health 165836790 liability 311259855 fidelity 34531617 surety 24224982 plate glass 52528401 steam boiler 53596166 burg lary and theft 73095321 fly wheel 11694348 workmen s collective 2818296 total 10033736 60 2 Deduct reinsurance Accident 212 80853 health 3320974 liability 40153 fidelity 3003929 surety 2 00000 plate glass 3215 steam boiler 3771687 burglary and theft 45 28671 total 33194 82 3 Deduct return premiums on policies can celled Accident 5799367 health 3117015 liability 12428474 fidel ity 2263499 surety 206645 plate glass 1240458 steam boiler 44 08392 burglary and theft 2509164 fly wheel 593090 workmens collec tive 454547 total 330206 51 4 Premiums on policies not taken Ac cident 63859548 health 421 88622 liability 36271934 fidelity 3828844 surety 1652680 plate glass 9660884 steam boiler 97 19490 burglary and theft 9634404 fly wheel 1638434 workmens collec tive 356890 total 1788117 30 5 Total deductions Accident 90939768 health 486 26611 liability 48740561 fidelity 90962 72 sur ety 2059325 plate glass 10904557 steam boiler 17899569 burglary and theft 16672239 fly wheel 2231524 workmens collective 811437 total 2479818 63786 ComptrollerGenerals Report 6 Net premiums Accident 1828431 16 health 1172 10179 liability 262519294 fidelity 25435345 surety 22165657 plate glass 41623844 steam boiler 35696597 burglary and theft 56423082 fly wheel 9462824 workmens collective 2006859 gg3 917 97 total Y4 95 23 Gross interest on collateral loans 1754 J 24 Gross interest on bonds and dividends on stocks less 329339 accrued interest on bonds acquired during 1910 298349 55 25 Gross interest on deposits in trust com pames and banks 26 Gross interest from all other sources J 29 Gross rents from companys property in cluding 8311786 for companys occu pancy of its own buildings 90809 87 394305 68 30 Total gross interest and rents 31 From other sources viz 32 Money borrowed temporarily to meet pay ments on the new building in prefer ence to selling securities 150000 00 33 Unearned premiums retained for reserve purposes under contract with Munich Reinsurance Company 1046 5 34 Fidelity insurance fund subscriptions from agents and employees 871 69 1 fA Of 34a Suspense account 35 Profit and loss account 10 71 35a Premiums paid in advance 3000 00 155049 61 lotai i qu 7t 36 From agents balances previously charged off 37 Gross profit on sale or maturity of ledger assets viz Stocks 38 Gross increase by adjustment in book value of ledger 1390 74 assets viz Bonds 8112315 98 39 Total income IIIDisbursements 1 Gross amount paid for losses Accident 85635715 health 54982757 liability 99509722 fidelity 98 13633 surety 818624 plate glass 16239164 steam boiler 7553110 burglary and theft 20363920 fly wheel 1876127 workmens collective 686053 total 2974788 25 ComptbollebGeneeals Repoet 787 2 Deduct reinsurance Accident 7239596 health 1245520 fidelity 876245 steam boiler 1604792 burglary and and theft 1822565 total 127887 18 3 Deduct salvage Liability 947309 fidel ity 4800268 surety 258085 plate glass 451093 steam boiler 54332 burglary and theft 417476 fly wheel 10635 total 69400 93 4 Total deductions Accident 7239596 health 1245520 liability 947309 fidelity 5676513 surety 2 58085 plate glass 451093 steam boiler 1659124 burglary and theft 2240041 fly wheel 10635 total 197288 11 5 Net amount paid policyholders for losses Accident 783 96119 health 53737237 liability 98562413 fidel ity 4137120 surety 560539 plate glass 157 88071 steam boiler 5893986 burglary and theft 13123879 fly wheel 1865492 workmens collec tive 685158 total 2777500 14 17 Investigation and adjustment of claims viz Accident 6076361 health 3281563 liability 38365473 fidelity 1435229 surety 189803 plate glass 14 64781 steam boiler 668353 burglary and theft 3167617 fly wheel 108075 workmens collective 193327 total 559505 g 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 62803370 health 38823770 liability 55038401 fidelity 3806094 surety 3137605 plate glass 12407135 steam boiler 7720404 burg lary and theft 14189672 fly wheel 1606541 work men s collective 414147 total 1999 471 39 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 553610 86 29 Salaries traveling and all other expenses of agents not paid by commissions 404 4gg 05 30 Medical examiners fees and salaries 9 103 25 31 Inspections other than medical and claim 229 542 40 32 Rents 13270386 including 8311786 for companys oc cupancy of its own buildings less 2692514 included in items 1721 and 3701031 included in item 29 68768 41 33 Repairs and expenses other than taxes on real estate 51 004 09 34 Taxes on real estate 21 915 43 35 State taxes on premiums m gi9 97 36 Insurance department licenses and fees 11 645 42 37 All other licenses fees and taxes viz City and county taxes and fees g 593 27 42 Legal expenses 4 303 33Mi 788 ComptrollerGeneral s Beport 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 47 Stockholders for interest or dividends 49 Exchange and collection fees 49a Subscriptions 50 Interest 50a Premiums paid in advance December 31 1909 51 Profit and loss account 51a Repayment of loans 52 Sundries 16133 45 88798 25 36959 74 12694 U9 180000 00 2709 76 850 27 4168 17 2500 00 486 21 150000 00 18786 32 Total 53 Agents balances charged off 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 179500 73 394 21 4284 77 56 Total disbursements 7330122 07 IVLedger Assets 1 Book value of real estate 1399603 66 3 Loans secured by pledge of bonds stocks or other col laterals 5000 00 4 Book value of bonds 299714899 and stocks 3677 64349 total 6674792 48 5 Cash in companys office 45946 63 6 Deposits in trust companies and banks not on interest 56934 61 7 Deposits in trust companies and banks on interest 173605 86 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 16049723 health 28142856 liability 415 45516 fidelity 2486125 surety 18 15986 plate glass 6136637 steam boiler 5945079 burglary and theft 8093495 fly wheel 2084545 work mens collective 628972 total 1129289 34 On polices or renewals issued prior to October 1 1910 Accident 3744358 health 2878462 liability 7701008 fidelity 2825285 surety 512360 plate glass 341264 steam boiler 393680 burglary and theft 490232 fly wheel 147671 workmens collec tive 2013 total 190363 33 Total 1319652 67ComptrollerGeneral s Report 789 25 Bills receivable 27 Agents balances and sundry ledger assets 7250 00 96990 04 30 Ledger assets 9779775 95 NonLedger Assets 32 Interest accrued on bonds 34 Interest accrued on other assets 37 Rents accrued on companys property or lease 41726 63 224 02 255 00 Total 39 Market value of bonds and stocks over book value 43 Gross assets Deduct Assets Not Admitted 42205 65 332052 02 10154033 62 7250 00 45 Bills receivable 49 Premiums in course of collection written prior to October 1 1910 190363 33 50 Book value of ledger assets over market value viz Agents balances and sun dry ledger assets 9g 990 04 Total 55 Admitted assets 294603 37 9859430 25 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 29862509 health 18376106 fidelity 64 49747 surety 1263662 plate glass 1660650 steam boiler 479600 burglary and theft 6373400 fly wheel 60400 total 3 Losses and claims resisted Accident 17297500 health 1916000 fidelity 2015167 plate glass 80000 steam boiler 730000 burglary and theft 1240000 total 645260 74 232786 67 4 Total Accident 47160009 health 20292106 fidelity 8464914 surety 1263662 plate glass 1740650 steam boiler 1209600 burglary and theft 7613400 fly wheel 60400 total 5 Deduct reinsurance Fidelity 555971 burglary and theft 5300 total 878047 41 5612 71790 ComptrollerGenerals Eeport Net unpaid claims except liability claims Accident 47160009 health 20292106 fidelity 7908943 surety 1263662 plate glass 1740650 steam boiler 1209600 burglary and theft 7608100 fly wheel 60400 total Estimated expenses of investigation and adjustment of unpaid claims Accident 900000 health 600000 fidelity 150000 surety 50000 plate glass 1 00000 steam boiler 50000 burglary and theft 3 50000 fly wheel 10000 total 872434 70 22100 00 17 Total Accident 48060009 health 20892106 fidelity 8058943 surety 1313662 plate glass 1840650 steam boiler 1259600 burglary and theft 7958100 fly wheel 70400 total Special reserve for unpaid liability losses 894534 70 1235753 18 73043 12 20 Total unpaid claims and expenses of settlement 2130287 88 20 Gross premiums less reinsurance upon all unexpired excise risks written in New York State running one year or less from date of policy 9739083 un earned premiums seventyfive per cent 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 654373635 un earned premiums fifty per cent 3271868 17 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 152128289 unearned premiums pro rata 885446 60 23 Total unearned premiums 4230357 89 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 5562834 health 9394085 liability 9046924 fidelity 3 82863 surety 279662 plate glass 1881493 steam boiler 1285861 burglary and theft 1999903 fly wheel 392311 workmens collective 107680 total 303336 16 Salaries rents expenses bills accounts fees etc due or accrued 52034 24 State county and municipal taxes due or accrued 109418 91 35 Eeinsurance 16411 23 36 Advance premiums one hundred per cent 3000 00 37 Other liabilities viz 38 Fidelitv insurance fund 11959 91 29 30ComptrollerGenerals Report 791 39 Unearned premiums retained under con tract with Munich Reinsurance Com pany 52863 76 40 Suspense account 3673 38 41 All other 391 05 Total 68888 10 46 Total amount of all liabilities except capital 6913734 41 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 1945695 84 49 Surplus as regards polieyholders 2945695 84 50 Total liabilities 9859430 25 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 4028673 health 2618014liability 10 13000 fidelity 71865 surety 10000 plate glass 463729 steam boiler 1068665 burglary and theft 512457 fly wheel 218660 total 100050 63 Gross losses paid Accident 3621438 health 1492245 liability 298070 plate glass 131171 steam boiler 265556 burglary and theft 74107 total 58825 87 Gross losses incurred Accident 3621438 health 14 92245 liability 298070 plate glass 131171 steam boiler 265556 burglary and theft 74107 total 58825 87 CASTTALTY DEPARTMENT OF THE GEORGIA LIFE INSURANCE COMPANY OF MACON GEORGIA ICapital Stock 2 Amount of ledger assets as per balance December 31st of previous year 6030 94 Extended at 6030 94 IIIncome 2 Gross premiums written and renewed during the year Accident 3158831 health 2356794 liability 24 23129 fidelity 288415 surety 454053 plate glass 213673 steam boiler 131895 burglary and theft 163506 auto property damage 779416 total 99697 12792 ComptrollebGenebal s Eepoet 6 Deduct reinsurance return premiums and cancellations Accident 1073032 health 669545 liability 5 52654 fidelity 26896 surety 52086 plate glass 47400 steam boiler 28000 burglary and theft 7560 auto property damage 169118 total 26262 91 7 Net cash actually received for premiums Accident 20 85799 health 1687249 liability 1870475 fidelity 261519 surety 401967 plate glass 166273 steam boiler 103895 burglary and theft 155946 total 73434 21 18 Total premiums 73434 21 32 From all other sources viz Over remittances from agents 43 64 38 Total income 79508 79 GREAT SOUTHERN ACCIDENT AND FIDELITY COMPANY OF ATLANTA GEOBGIA H H Bass President J E Duvall Secretary Home Office 1611 1612 1613 Candler Bldg Atlanta Ga J E Duvall 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 31st of previous year 271785 00 3 Increase of paid up capital during the year 33300 00 Extended at 328630 00 IIIncome 2 dross premiums written and renewed during the year Accident 872846 health 630869 liability 8 16045 fidelity 163125 surety 399270 plate glass 160135 burglary and theft 42363 auto property damage 165030 total 3 Total Accident 872846 health 630869 liability 816045 fidelity 163125 surety 399270 plate ylass 160135 burglary and theft 42363 auto prop erty damage 165030 total 32496 83 32496 83ComptrollerGeneral s Report 793 4 Deduct gross premiums now in course of collection Acci dent 345152 health 299511 liability 319973 fidelity 35660 surety 150256 plate glass 55335 burglary and theft 3469 auto property damage 50408 total 5 Entire premiums collected during the year Accident 5 27694 health 331358 liability 496072 fidelity 127465 surety 249014 plate glass 104800 bur glary and theft 38894 auto property damage 1 14622 total 6 Deduct reinsurance return premiums and cancellations Accident 181909 health 93891 liability 168033 fidelity 13630 surety 29750 plate glass 23765 burglary and theft 13101 auto property damage 58479 total 7 Net cash actually received for premiums Accident 3 45785 health 238467 liability 328039 fidelity 113835 surety 219264 plate glass 81035 bur glary and theft 25793 auto property damage 56143 total 18 Total net cash actually received for premiums 21 Interest on collateral loans 13 50 22 Interest on bonds and dividends on stock 4962 11 23 Interest from all other sources 1901 67 26 Total interest and rents 38 Total income 12597 64 19899 19 5825 58 14073 61 14073 61 6877 28 20950 89 IIIDisbursements 1 Gross amount paid for losses Accident 44788 health 76958 liability 46250 plate glass 11450 auto prop erty damage 19409 total 1988 55 5 Totals Accident 44788 health 76958 liability 46250 plate glass 11450 auto property damage 19409 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 117395 health 82968 liability 95974 fidelity 30056 surety 53275 plate glass 30177 burglary and theft 7453 auto property damage 15379 total 20 Salaries fees and all other compensation of officers direct ors trustees and home office employees 1988 55 4326 77 15026 92 794 ComptrollerGenerals Eeport 21 Salaries traveling and all other expenses of agents not paid by commissions 4115 22 Medical examiners fees and salaries 23 Inspections other than medical 24 Bel l0200 27 All other taxes licenses and insurance department fees 3081 08 28 Legal expenses 907 00 29 Advertising Voi uo 30 Printing and stationery 3443 31 Postage and express telegrams telephone L006 01 32 Furniture and fixtures 170i 60 37 All other disbursements viz Advance to agents 1 54534 auditing 134110 exchange and collection charges 12092 sundry expense 216000 agency ex pense 6375 office expense 47283 interest paid 52433 total 6228 27 46 Total disbursements 52285 89 IVLedger Assets 2 Mortgage loans on real estate first liens 14400 00 3 Loans secured by pledge of bonds stocks or other eollater als if00 4 Book value of bonds excluding interest 18657 It 5 Cash in company s office 2500 deposited in banks 31 38583 total 3140 83 6 Bills receivable 1575 00 7 Other ledger assets viz Time certificate of deposit 60 896 50 Cantrell Chipley accounts received 125490 total Q21510 11 Ledger assets 297295 00 NonLedger Assets 12 Interest accrued on mortgages 181 90 13 Interest accrued on bonds 4123 33 14 Interest accrued on collateral loans 78 89 15 Interest accrued on other assets 1849 21 Total 623333 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Accident 329691 health 295301 liability 298742 fidelity 31460 surety 150256 plate glass 45881 burglary and theft 669 auto property damage 49568 total 12015 68ComptrollebGenebal s Report 795 On policies or renewals issued prior to October 1 1910 Accident 15461 health 4210 liability 21231 fidelity 4200 plate glass 9454 burglary and theft 2800 auto property dam age 840 total 581 96 33 Totals 34 Other nonledger assets viz Advance to agents 1 54534 furniture and fixtures 170460 total 37 Gross assets Deduct Assets Not Admitted 12597 64 3249 94 319375 91 39 Bills receivable 40 Furniture and fixtures 43 Gross premiums in course of collection writ ten prior to October 1 1910 44 Book value of ledger assets over market value viz Collateral loans 100000 accounts receivable 125490 advance to agents 154534 total 1575 00 1704 60 581 96 3800 24 7661 80 51 Admitted assets 311714 11 VLiabilities Health 25893 plate glass Accident 1 Losses and claims adjusted 1125 total 2 Losses and claims in process of adjustment 6500 auto property damage 6000 total 3 Losses and claims reported proofs not received Surety 5 Total losses and claims Accident 6500 health 25893 surety 75000 plate glass 1125 auto property dam age 6000 total 15 Net unpaid claims except liability claims 16 Special reserve for unpaid liability losses 18 Total unpaid claims and expenses of settlementi 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 2408281 un earned premiums 50 per cent 12041 40 270 18 125 00 750 00 1145 18 1145 18 300 00 1445 18796 ComptrollerGenerals Keport 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 138950 un earned premiums pro rata 972 66 21 Total unearned premiums 13014 06 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 viz Accident 103081 health 92762 liability 68491 fidelity 7113 surety 32215 plate glass 13495 burglary and theft 331 auto property damage 10606 total 3274 32 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 1056 36 31 Reinsurance 94 93 33 Other liabilities viz Accounts payable 14147 reserve for amortization of bonds 200000 total 2141 47 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 44 Surplus over all liabilities 21026 32 250000 00 40687 79 45 Surplus as regards policyholders 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 675999 health 456234 liabil ity 594412 fidelity 130000 surety 253209 plate glass 59198 burglary and theft 25350 auto property damage 119135 total Gross losses paid Accident 27142 health 36592 liability 30650 plate glass 325 auto property damage 9075 total 290687 79 311714 11 23135 37 1037 84 THE GUARANTEE COMPANY OF NORTH AMERICA OF MONTREAL CANADA Edward Rawlings President Richard B Scott Secretary Home Office 57 Beaver Hall Hill Montreal Canada W V Custer Bainbridge Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 304600 00 2 Amount of ledger assets December 31 of previous year 1513164 61 Extended at 1513164 61ComptrollerGeneral s Eeport 797 IIIncome 1 Gross premiums unpaid December 31 last year Fidelity 2 Gross premiums written and renewed during the year Fidelity 3 Total Fidelity 4 Deduct gross premiums now in course of collection Fi delity 5 Entire premiums collected during the year Fidelity 6 Deduct reinsurance return premiums and cancellations Fidelitv 26 Total interest and rents 4592 39 249451 40 254043 79 5377 41 248666 38 29251 26 7 Net cash actually received for premiums Fidelity 219415 12 22 Interest on bonds and dividends on stock 60608 48 23 Interest on deposit 4590 83 25 Gross rents from companys property in cluding 2250 for companys occupancy of its own buildings 2390 00 67589 31 38 Total income 287004 43 IIIDisbursements 1 Gross amount paid for losses Fidelity 2 Deduct salvage and reinsurance Fidelity 3 Xet amount paid policyholders for losses Fidelity 4 Investigation and adjustment of claims Fidelity 5 Totals 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 18 Investigation and adjustment of claims Fidelity 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 225000 for companys occupancy of its own buildings 25 Repairs and expenses other than taxes on real estate 26 Taxes on real estate 77578 91 13635 8 22680 81 36316 68 41262 23 17880 30 2302 98 24368 00 50831 60 21377 46 21658 40 8490 98 255 71 675 00798 ComptrollerGeneral s Report 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 of maturity of ledger assets Bonds 54000 stocks 39675 total 37 All other disbursements Sundry office expenses 46 Total disbursements 4901 Oo 1530 32 1167 33 3035 36 4336 56 704 09 936 75 5625 70 211339 S2 IVLedger Assets 1 Book value of real estate unencumbered 45100 00 4 Book value of bonds excluding interest 89104381 and book value of stocks 40957625 total 1300620 06 5 Cash in companys office 275588 deposited in banks 24035328 total 243109 16 11 Ledger assets NonLedger Assets 13 Interest due and accrued on bonds 6437 44 15 Interest due and accrued by banks 1217 26 Total 18 Market value not including interest in item 13 of bonds and stocks over book value companys valuation 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Fidel ity 4988 97 On policies or renewals issued prior to October 1 1910 Fidelity 388 44 Total 37 Gross assets 7654 70 5665 61 5377 41 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1910 388 44 51 Admitted assetsComptrollerGeneral s Eeport 799 VLiabilities 1 Losses and claims in process of adjustment Fidelity 762000 reinsured New York excise 594700 total 13567 00 2 Total Fidelity 762000 reinsured New York excise 594700 total 13567 00 17 Special reserve for anticipated losses on expired risks New York excise reinsured 9400 00 18 Total unpaid claims and expenses of settlement 22967 00 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 21622199 un earned premiums 50 per cent 108111 00 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 44250 un earned premiums pro rata 442 50 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 1910 viz Fidelity 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 33 Other liabilities viz Surplus reinsurance reserve 39 77786 contingency provision 2500000 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 304600 00 44 Surplus over all liabilities 1096231 28 45 Surplus as regards policyholders 46 Total liabilities 108553 50 268 86 9740 00 64777 86 206307 22 1400831 28 1607138 50 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Fidelity 545 92 800 ComptrollerGenerals Eeport GERMAN COMMERCIAL ACCIDENT COMPANY OF PHILADELPHIA PA Albert H Ladner President Horace B Meininger Secretary Home Office 1011 Chestnut Street Philadelphia Pa 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 as per balance December 31 of previous year 150243 70 Extended at 150243 70 IIIncome 1 Gross premiums written and renewed during the year Accident 9938824 health 2418922 total 2 Deduct reinsurance Accident 13606 4630 total 182 36 3 Deduct return premiums on policies can celled Accident 75202 health 19676 total 948 78 123577 46 5 Total deductions Accident 88808 health 24306 total 6 Net premiums Accident 9850016 health 2394616 total 20 Policy fees required or represented by applications 24 Gross interest on bonds and dividends on stocks 475419 25 Gross interest on deposit in trust companies and banks 337 13 30 Total gross interest and rents 39 Total income 1131 14 122446 32 231 16 5091 32 127768 80 IIIDisbursements 1 Gross amount paid polieyholders for losses Accident 2440809 health 749518 total 31903 27 17 Investigation and adjustment of claims viz Accident 118620 health 18500 total 1371 20 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2187079 health 499261 total 26863 40ComptbollebGenebals Beport 801 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 32 Rents 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Tax on capital stock 42 Legal expenses 43 Advertising and subscriptions 44 Printing and stationery 45 Postage 264015 telegraph telephone and express 71090 total 46 Furniture and fixtures 48 Other disbursements viz Miscellaneous expenditures 18095 15 1302 88 1254 16 3143 33 688 77 1250 44 500 00 491 55 2005 81 4172 41 3351 05 605 83 1881 95 56 Total disbursements 1881 20 IVLedger Assets 4 Book value of bonds 13278408 and stocks 215188 total 5 Cash in companys office 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or re newals issued on or after October 1 1910 Accident 2432168 health 63570 total 26 Other ledger assets viz Furniture and fixtures 30 Ledger assets 134935 96 1907 87 13175 26 24957 38 4154 83 179131 30 NonLedger Assets 32 Interest on bonds 34 Interest on bank deposits 417 50 60 00 43 Gross assets 477 50 179608 80 Deduct Assets Not Admitted 46 Furniture and fixtures j 47 Supplies printed matter and stationery 2154 83 2000 00802 ComptrollerGenerals Eeport 50 Book value of ledger assets over market value viz Decrease in market value of bonds over book value 113658 de crease in market value of stocks over book value 1126 total 1147 84 55 Admitted assets VLiabilities 5302 67 174306 13 1 Losses and claims adjusted Accident 445493 health 83661 total i 8 Total losses and claims Accident 445493 health 83661 total I 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 6651671 un earned premiums fifty per cent 33258 35 23 Total unearned premiums 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1910 viz Accident 953027 health 18202 total 29 Salaries rents expenses bills accounts fees etc due or accrued 36 Advance premiums one hundred per cent 5291 54 5291 54 5291 54 33258 35 9712 29 1823 92 663 55 46 Total amount of all liabilities except capital 50749 65 47 Capital actually paid up in cash 100000 00 48 Surplus over all liabilities 23556 48 49 Surplus as regards policyholders 123556 48 50 Total liabilities 174306 13 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 397 55ComptbollebGtenebals Report 803 GENERAL BONDING AND CASUALTY INSURANCE COMPANY OP DALLAS TEXAS Robert L Warren President J p Stephenson Secretary Home Office 801 Main Street Dallas Texas Jno T Rowland Atlanta Attorney for Service in Georgia IIIncome 1 Capital stock paid up in cash 200000 00 2 Surplus paid in cash 59 733 75 3 Accounts payable 1 231 50 38 Total income 260965 25 IIIDisbursements 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 3594 32 21 Salaries traveling and all other expenses of agents not paid by commissions 44 20 28 Legal expenses 775 qo 29 Advertising 61 00 30 Printing and stationery 53 80 31 Postage and express 270 05 32 Furniture and fixtures 693 35 37 All other disbursements viz Accrued interest on mort gage loans purchased 5139 mortgage loan expense recording fees 1865 miscellaneous expense 2125 total 91 29 46 Total disbursements 5 340 01 IVLedger Assets 2 Mortgage loans on real estate first liens 67 718 70 5 Cash in companys office 10000 deposited in banks 18776274 total 187862 74 7 Other ledger assets viz Deposited with State Treasurer 43 80 11 Ledger assets 255625 24 VLiabilities 1 Capital actually paid up in cash 200000 0O 2 Surplus over all liabilities 55625 24 46 Total liabilities 255 625 24804 CompteolleeGeneeals Eepoet GEEAT EASTERN CASUALTY COMPANY OF NEW YORK Louis H Fibel President Thomas H Darling Secretary Home Office 2904 Broadway New York City N Y George P Dickson 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 625864 69 Extended at 625864 69 IIIncome 1 Gross premiums written and renewed during the year Accident 1335367 health 20659134 plate glass 3479852 burglary and theft 7258182 total 745325 35 2 Deduct reinsurance Accident 1230424 health 20500 burglary and theft 2 69504 total 15204 28 3 Deduct return premiums on policies can celled Accident 560598 health 1 79096 plate glass 14951 burglary and theft 43335 total 7979 80 4 Deduct premiums on policies not taken Accident 7170281 health 4313794 plate glass 1067946 burglary and theft 1393261 total 139452 82 5 Total deductions Accident 8961303 health 4513390 plate glass 1082897 burglary and theft 1706100 total 6 Net premiums Accident 34174064 health 16145744 plate glass 2396955 burglary and theft 5552082 total 20 Policy fees required or represented by applications 22 Gross interest on mortgage loans 3521 94 24 Gross interest on bonds and dividends on stocks less 18229 accrued interest on bonds acquired during 1910 17555 21 25 Gross interest on deposits in trust companies and banks 945 52 30 Total gross interest and rents 31 From other sources viz Advance payments 1362379 from investment account previously charged off 11025 total 162636 90 582688 45 33577 76 22022 67 1585 50 39 Total income 653608 42ComptrollerGenerals Report 805 IIIDisbursements L Gross amount paid for losses Accident 11663700 plate glass 429295 burglary and health 5659880 theft 549392 total 2 Deduct reinsurance Accident 416072 health 1786 burglary and theft 15000 total 3 Deduct salvage Plate glass 183022 67 4328 58 715 58 28 4 Total deductions Accident 416072 health 1786 plate glass 71558 burglary and theft 15000 total 5 Net amount paid polieyholders for losses Accident 112 47628 health 5658094 plate glass 357737 bur glary and theft 534392 total 17 Investigation and adjustment of claims viz Accident 198125 health 96941 burglary and theft 41158 total 22 Policy fees retained by agents 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 11715577 health 5112760 plate glass 647975 burglary and theft 1424748 total Salaries fees antl all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 32 Rents 35 State taxes on premiums 36 Insurance department licenses and fees 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 47 Stockholders for interest or dividends amount declared during the year 2000000 48 Other disbursements viz General expense 334069 journal subscription 20650 traveling expense 563358 total 53 Agents balances charged off 5044 16 177978 51 56 Total disbursements IVLedger Assets 2 Mortgage loans on real estate first liens 4 Book value of bonds 38169500 and stocks 8475375 total 3362 24 33577 76 189010 60 58897 98 6985 98 1456 00 4615 00 7802 47 2248 75 10787 42 1764 83 10624 59 5952 43 1203 32 20000 00 9180 77 748 05 546196 70 135000 00 466448 75806 ComptrollerGenerals Beport 5 Cash in company a office 14015 96 6 Deposits in trust companies and banks not on interest 704 16 7 Deposits in trust companies and banks on interest 43550 20 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 3158330 health 1994896 plate glass 543085 burglary and theft 1336081 total 70323 92 On policies or renewals issued prior to Octo ber 1 1910 Accident 137122 health 84488 plate glass 19940 burglary and theft 81792 total 3233 42 24 Totals 73557 34 30 Ledger assets 733276 41 NonLedger Assets 31 Interest accrued on mortgages 1682 61 32 Interest accrued on bonds 3568 75 36 Bank deposits 64 41 5315 77 43 Gross assets 738592 IS Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1910 3233 42 50 Book value of ledger assets over market value viz Bonds 1609500 stocks 65375 total 16748 75 19982 17 55 Admitted assets 718610 01 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 1639944 health 778013 plate glass 229753 bur glary and theft 190767 total 3 Losses and claims resisted Accident 1 52150 health 87500 total 28384 77 2396 50 4 Total losses and claims Accident 1792094 healthComptbollebGenebals Repobt 807 865513 plate glass 229753 burglary and theft 190767 total 5 Deduct reinsurance Accident 6 Net unpaid claims except liability claims Accident 17 07741 health 865513 plate glass 229753 bur glary and theft 190767 total 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 29726886 un earned premiums fifty per cent 191172 00 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 783305 un earned premiums pro rata 6796 04 23 Total unearned premiums 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1910 viz Accident 1442606 health 9 21348 plate glass 181028 burglary and theft 4 45361 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 35 Reinsurance 36 Advance premiums one hundred per cent 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 250000 00 48 Surplus over all liabilities 184390 60 49 Surplus as regards policyholders 50 Total liabilities Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 727805 health 491226 total Gross losses paid Accident 243890 health 414425 total Gross losses incurred Accident 245890 health 414425 total 30781 27 843 53 29937 74 197968 04 29903 43 1054 50 10000 00 1731 91 13623 79 284219 41 434390 60 718610 01 12190 31 6583 15 6583 15808 ComptrollerGeneral s Report GENERAL ACCIDENT EIRE AND LIFE ASSURANCE CORPORATION LTDOP PERCH SCOTLAND Franklin 1 Moore Philadelphia Pa United States Manager Principal Office in United States Philadelphia Pa Win A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of New York deposit 2 Amount of ledger assets December 31 of 250000 00 previous year 1960817 95 Extended at 1960817 95 446735 88 IIIncome 1 Gross premiums unpaid December 31 last year Accident 4270972 health 1423657 liability 26322826 burglary and theft 4070820 auto property damage 8585313 total 2 Gross premiums written or renewed during the year Ac cident 116013366 health 47788075 liability 1 59610637 burglary and theft 20345306 auto prop erty damage 55822598 total 3995799 82 3 Total Accident 12CT284338 health 49211732 lia bility 185933463 burglary and theft 24416126 auto property damage 64407911 total 4442535 70 4 Deduct gross premiums now in course of collection Ac cident 5369726 health 2301311 liability 273 57486 burglary and theft 3872511 auto property damage 12622143 total 515731 77 5 Entire premiums collected during the year Accident 114914612 health 46910421 liability 1585 75977 burglary and theft 20543615 auto property damage 51785968 total 3927303 93 6 Deduct reinsurance return premiums and cancellations Accident 11324422 health 3965261 liability 51899931 burglary and theft 6150014 auto prop erty damage 17977572 total 913172 00 7 Net cash actually received for premiums Accident 103590190 health 42945160 liability 1066 76046 burglary and theft 14393601 auto property damage 33808196 total 3014131 93 19 Policy fees required or represented by applications 72220 00ComptrollerGenerals Report 809 22 Interest on bonds and dividends on stock 55697 85 23 Interest on deposit 4972 86 24 Interest from all other sources Accounts receivable 125 25 25 Gross rents from companys property in cluding 1699980 for companys occu pancy of its own buildings 16999 80 26 Total interest and rents 77 775 06 27 Profit on sale or maturity of ledger assets viz New York General Note 3750 Southern Railway Note 31875 Pennsylvania Railway Note 41250 Pennsylvania Railway steel rolling stock 30070 Pennsylvania Rail way coupon 1901 10000 total 1169 45 32 From all other sources Checks issued in 1909 and not presented for payment 20405 accounts receivable charged off prior to 1910 40000 amount received from home office 122221 total 1826 26 38 Total income 3167122 70 IIIDisbursements 1 Gross amount paid for losses Accident 44890175 health 19975045 liability 38605759 burglary and theft 6844937 auto property damage 27297294 total 1376132 10 2 Deduct salvage and reinsurance Accident 2247791 health 420771 liability 121574 burglary and theft 6014168 auto property damage 1333136 total 49540 41 3 Net amount paid policyholders for losses Accident 426 42384 health 19554274 liability 38484185 burg lary and theft 6014168 auto property damage 259 64158 total 1326591 69 4 Investigation and adjustment of claims Accident 4 58223 health 196382 burglary and theft 463782 auto property damage 3083229 total 42016 16 5 Totals Accident 43100607 health 19750656 liabil ity 38484185 burglary and theft 6477950 auto property damage 29047387 total 1368607 85 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 30022529 health 12731462 liability 32229057 burglary and theft 4980908 auto prop erty damage 10801053 total 907650 03 18 Policy fees retained by agents 72220 00 19 Amount remitted to home office 100010 19g0 CompteollebGenerals Bepoet 20 Salaries fees and all other compensation of officers di rectors and home office employees 189882 51 22 Medical examiners fees and salaries i o53 x 23 Inspections other than medical 24 Eents including 1699980 for companys occupancy of 36849 65 its own buildings 25 Repairs and expenses other than taxes on real estate Vo b r j 1930 50 26 Taxes on real estate 27 All other taxes licenses and insurance department fees b4b o 5221 46 28 Legal expenses Q 29 Advertising 30 Printing and stationery 31 Postage and express telephone and telegraph oo us 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets Lehigh and Wilkesbarre Coal Co 8750 Southern Railway equip ment 5600 total 143 50 37 All other disbursements Traveling expenses 1738338 office supplies 227969 entertaining 121093 petty office expenses 422284 insurance association dues 287542 auditors fees 1021987 trustees fees 100222 subscriptions to publications 77952 pre mium on bonds 12375 Christinas donations 55750 committee fees 113500 agents expense 315443 agents balances charged off 273187 total 47676 52 46 Total disbursements 2890098 48 IVLedger Assets I Book value of real estate unencumbered 213160 58 4 Book value of bonds excluding interest 171885073 and book value of stocks 13618525 total 1855036 08 5 Cash in companys office 56313 deposited in banks 15844380 total 159007 32 7 Other ledger assets viz Accounts receivable 213819 cash in New York Chicago and St Louis offices 8 50000 total 10638 19 II Ledger assets 2237842 17 NonLedger Assets 13 Interest due and accrued on bonds 21567 43 19 Gross premiums in course of collection viz On policies or renewals issued sub sequent to October 1 1910 Accident 4742695 health 2032587 liability 26558426 burglary and theft 38 ComptrollerGenerals Report 811 11863 auto property damage 124 22783 total 495683 54 On policies or renewals issued prior to Oc tober 1 1910 Accident 627031 health 268724 liability 799060 burglary and theft 60648 auto prop erty damage 199360 total 19548 23 Total 515231 77 35 Other nonledger assets viz Interest accrued on bank balances 617 12 37 Gross assets 2775258 49 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1910 19548 23 44 Book value of ledger assets over market value viz 45 Bonds and stocks 91057 33 46 Real estate 43160 58 47 Accounts receivable 2138 19 Total 155904 33 51 Admitted assets 2619354 16 VLiabilities 1 Losses and claims adjusted Accident 400000 health 350000 burglary and theft 152700 auto property damage 752000 total 16547 00 2 Losses and claims reported or in process of adjustment Accident 8923972 health 2405664 burglary and theft 703800 auto property damage 6640000 total 186734 36 3 Estimated expenses of adjustment and investigation of claims Accident 230000 health 25000 burglary and theft 47000 auto property damage 775000 total 10770 00 4 Losses and claims resisted Accident 3980850 health 482150 burglary and theft 73000 auto property damage 615000 total 51510 00 5 Total Accident 13534822 health 3262814 burglary and theft 976500 auto property damage 8782000 total 265561 36 14 Deduct reinsurance 28925 00812 ComptrollerGeneral s Report 15 Net unpaid claims except liability claims 236636 36 16 Special reserve for unpaid liability losses 131604 14 18 Total unpaid claims and expenses of settlement 368240 50 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 202677730 un earned premiums fifty per cent 1013388 64 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 14077758 unearned premiums pro rata 68574 38 21 Total unearned premiums 1081963 02 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 viz Accident 1565089 health 670753 liability 8764280 burglary and theft 1257915 auto property damage 4099518 total 163575 55 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 15000 0O 33 Other liabilities viz Voluntary reserve of contingent liabilities 25000000 State county and municipal taxes due and accrued 57090 57 total 307090 57 42 Total amount of all liabilities except capital 1973185 23 43 Capital actually paid up in cash 250000 00 44 Surplus over all liabilities 396168 93 45 Surplus as regards policyholders 646168 93 46 Total liabilities 2619354 16 Business in the State of Georgia During the Tear Gross premiums received on risks written or renewed during the year Accident 3139678 health 1345576 lia bility 397523 burglary and theft 20044 auto property damage 236953 total 51397 74 Gross losses paid Accident 1568767 health 672328 liability 94305 auto property damage 297383 total 263i 8S CASUALTY DEPARTMENT GEORGIA LIFE INSURANCE COMPANY ICapital Stock 2 Amount of ledger assets as per balance December 31st of previous year 6030 94 I Extended at 6030 94ComptrollebGeneeals Report 813 IIIncome 2 Gross premiums written and renewed during the year Accident 3158831 health 2356794 liability 24 23129 fidelity 288415 surety 454053 plate glass 213673 steam boiler 131895 burglary and theft 163506 auto property damage 779416 total 6 Deduct reinsurance return premiums and cancellations Accident 1073032 health 669545 liability 5 52654 fidelity 26896 surety 52086 plate glass 47400 steam boiler 28000 burglary and theft 7560 auto property damage 169118 total 7 Net cash actually received for premiums Accident 20 85799 health 1687249 liability 1870475 fidelity 261519 surety 401967 plate glass 166273 steam boiler 103895 burglary and theft 155946 total 32 From all other sources viz Over remittances from agents 99697 12 26262 91 38 Total income IIIDisbursements 1 Gross amount paid for losses Accident 485166 health 299004 liability 52582 plate glass 23322 bur glary and theft 6400 auto property damage 41776 total 2 Deduct salvage Accident 13391 health 11000 total 4 Investigation and adjustment of claims 5 Total Accident 471775 health 288004 liability 52582 plate glass 23322 burglary and theft 6400 auto property damage 41776 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 609258 health 550220 liability 2 14802 fidelity 59757 surety 39355 plate glass 29867 steam boiler 13899 burglary and theft 29153 auto property damage 87323 total 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 22 Medical examiners fees and salaries 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 31 Postage and express 37 All other disbursements viz General expense 112216 traveling expense 249511 total 46 Total disbursements 73434 21 43 64 79508 79 9082 50 243 91 30 00 8868 59 16336 34 9402 20 27 00 494 15 7 40 3827 04 245 21 3617 27 42825 20814 ComptrollerGenerals Report IVLedger Assets 5 Cash in companys office 289199 deposited in banks 593005 total 7 Other ledger assets viz Premiums in course of collection 25234 41 4627 14 33 Totals 37 Gross assets Deduct Assets Not Admitted 43 Gross premiums in course of collection writ ten prior to October 1 1910 4627 14 8822 04 29861 55 11 Ledger assets 36683 59 NonLedger Assets 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Accident 485166 health 506742 liability 930358 fidelity 11712 surety 155020 plate glass 82667 steam boiler 41300 burglary and theft 40625 property damage 219851 total On policies or renewals issued prior to Octo ber 1 1910 Accident 177525 health 142675 liability 56675 fidelity 6000 surety 38664 plate glass 500 steam boiler 13000 property damage 27675 total 29861 55 36683 39 4627 14 51 Admitted assets 32056 45 VLiabilities 1 Losses and claims adjusted Accident 48700 health 33582 plate glass 600 burglary and theft 580 property damage 9074 total 3 Losses and claims reported proofs not received Accident 345000 health 121800 surety 100000 plate glass 11500 property damage 107000 total 925 36 6853 00 5 Total losses and claims Accident 393700 health 1 55382 surety 100000 plate glass 12100 property damage 116074 total 7778 36ComptrollerGenerals Report 815 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 7173457 un earned premiums 50 per cent 35867 37 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 149359 un earned premiums pro rata 1097 01 21 Total unearned premiums 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 viz Accident 181938 health 190028 liability 245089 fidelity 2928 surety 38755 plate glass 20667 steam boiler 10325 burglary and theft 10156 property damage 54978 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 27 Dividends due stockholders 31 Reinsurance 33 Other liabilities viz Due life department 771178 over payments by agents 4364 total 42 Total amount of all liabilities except capital i 46 Total liabilities i Business in the State of Georgia During the Year 7778 36 1867 25 9645 61 36964 38 7548 64 320 06 321 28 1129 75 7755 42 63685 14 63685 14 Gross premiums written during the year Accident 17 77576 health 1594968 liability 742876 fidelity 252315 surety 237459 plate glass 38052 steam boiler 93365 burglary and theft 118161 auto property damage 148321 total 50030 93 Gross premiums received on risks written or renewed during the year Accident 1643142 health 1369730 liability 502703 fidelity 252803 surety 183525 plate glass 28567 steam boiler 50065 burglary and theft 98436 auto property damage 122114 total 32510 85 Gross losses paid Accident 466871 health 286988 liability 18138 plate glass 6505 auto property damage 17203 total 7957 05816 ComptrollerGenerals Report THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY OF HARTFORD CONN Lyman B Brainerd President Chas S Blake Secretary Home Office 56 Prospect St Hartford Conn Wm 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 471484314 Extended at 4714843 14 IIIncome 1 Gross premiums written and renewed during the year Steam boiler 149601170 fly wheel 3717585 total 1533187 55 2 Deduct reinsurance Steam boiler 600 00 3 Deduct return premiums on policies can celled Steam boiler 10680942 fly wheel 74300 total 107553 05 4 Deduct premiums on policies not taken Steam boiler 5962172 fly wheel 2 22851 total 61850 23 5 Total deductions Steam boiler 16703114 fly wheel 297214 total 170003 as 6 Net premiums Steam boiler 132898056 fly wheel 3420371 total 136318427 21 Inspections 22021 63 22 Gross interest on mortgage loans less 1 66415 accrued interest on mortgages acquired during 1910 24 Gross interest on bonds and dividends on stocks less 178579 accrued interest on bonds acquired during 1910 25 Gross interest on deposits in trust com panies and banks 26 Gross interest from all other sources 29 Gross rents from companys property in cluding 500000 for companys occu pancy of its own buildings 55368 07 140467 03 1938 19 347 52 6869 15 30 Total gross interest and rents 204989 96ComptrollerGeneral s Eeport 36 From agents balances previously charged off 37 Gross profit on sale or maturity of ledger assets viz Real estate 120000 bonds 4000 stocks 203675 total 817 665 30 3276 75 39 Total income 1594137 91 IIIDisbursements 1 Gross amount paid for losses Steam boiler 12354981 fly wheel 425380 total 127803 61 2 Net amount paid policyholders for losses Steam boiler 12354981 fly wheel 425380 total 127803 01 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Steam boiler 18269396 fly wheel 297782 total 185671 78 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 63631 45 29 Salaries traveling and all other expenses of agents not paid by commissions 279024 86 31 Inspections other than medical and claim 505687 81 32 Rents including 500000 for companys occupancy of its own buildings 5000 00 33 Repairs and expenses other than taxes on real estate 15647 16 34 Taxes on real estate 1964 91 35 State taxes on premiums 21124 40 36 Insurance department licenses and fees 7071 73 37 All other licenses fees and taxes viz 38 Municipal licenses and taxes 1981 96 39 Corporation State tax Conn 21000 00 40 United States internal revenue tax 2190 61 42 43 44 45 46 47 48 54 Total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends amount declared during the year 12000000 Other disbursements Office expenses 85363 exchange 59518 total Gross loss on sale or maturity of ledger assets viz Bonds 25172 57 682 75 1642 77 17115 65 20221 33 1881 03 120000 00 1448 81 3216 23 56 Total disbursements 1404008 85 IVLedger Assets Book value of real estate Mortgage loans on real estate first liens 91400 00 1140810 00818 ComptrollerGenerals Report 4 Book value of bonds 265548441 and stocks 497 94511 total 5 Cash in companys officer 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Steam boiler 204 91311 fly wheel 452697 total 209440 08 On policies or renewals issued prior to October 1 1910 Steam boiler 134 08693 fly wheel 166815 total 135755 08 3153429 52 2100 07 147853 36 Total 27 Cash in course of transmission 30 Ledger assets 345195 16 24184 09 4904972 20 NonLedger Assets 31 Interets accrued on mortgages 32181 73 32 Interest accrued on bonds Total 39050 23 39 Market value not including interest in item 32 of bonds and stocks over book value 71231 96 27098 20 43 Gross assets Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1910 55 Admitted assets 5003302 36 135755 08 4867547 28 VLiabilities 1 Losses and claims reported or in process of adjustment 13069574 fly wheel 11330 total 130809 04 2 Net unpaid claims and expenses of settlement 130809 04 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 9626316 un earned premiums fifty per cent 48131 58 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 372082049 unearned premiums pro rata 1962602 18 23 Total unearned premiums 2010733 76ComptrollerGenerals Report 819 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Steam boiler 4098262 fly wheel 90539 total 41888 01 30 State county and municipal taxes due or accrued 25000 00 38 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 poli cies issued by that companythis companys propor tion of the total premiums pertaining to such policies viz 3710391 being 20 per cent of 18551954 the pro rata reserve thereon amounting to 20149 15 46 Total amount of all liabilities except capital 2228579 97 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 1638967 31 49 Surplus as regards policyholders 2638967 31 50 Total liabilities 4867547 28 Business in the State of Georgia During the Year if Gross premiums on risks written or renewed during the year Steam boiler 19168 74 fly wheel 56737 total 19736 11 Gross losses paid Steam boiler 386 98 Gross losses incurred Steam boiler 507 23 INTERSTATE CASUALTY COMPANY OF BIRMINGHAM ALABAMA W D Wood President H M Archibald Jr Secretary Home Office First National Bank Building Birmingham Ala Win A Wright Atlanta Attorney for Service in Georgia ICapital Stock up 1 Amount of capital paid in cash 250000 00 2 Amount of ledger assets as per balance December 31st of previous year 109616 18 Extended at 359616 18 ITIncome 2 Gross premiums written and renewed during the year Accident 459444 health 537046 liability 40 59142 fidelity 455661 surety 1185276 plate820 ComptrollerGenerals Eeport glass 187278 steam boiler 89655 burglary and theft 120162 fly wheel 25363 auto collision 2 49432 workmens collective 175095 total 75435 54 6 Deduct reinsurance return premiums and cancellations Accident 88413 health 104036 liability 674680 fidelity 52204 surety 78484 plate glass 45827 steam boiler 3948 burglary and theft 15683 fly wheel 2600 auto collision 29819 workmens col lective 71875 total 11675 69 7 Net premiums Accident 371031 health 433010 liability 3384462 fidelity 403457 surety 11 06792 plate glass 141451 steam boiler 85707 burglary and theft 104479 fly wheel 22763 auto collision 219613 workmens collective 103220 total 63739 85 20 Interest on mortgage loans 1205 00 21 Interest on collateral loans 47 56 22 Interest on bonds and dividends on stock 257 51 23 Interest on deposit 15123 08 26 Total interest and rents 16633 15 32 From all other sources viz Otto Marx Co 114 81 38 Total income 440123 99 IIIDisbursements 1 Gross amount paid for losses Accident 35390 health 165855 liability 281723 plate glass 27747 bur glary and theft 10500 auto collision 216455 workmens collective 22936 total 3 Net amount paid policyholders for losses Accident 39390 health 165855 liability 281723 plate glass 27747 burglary and theft 10500 auto col lision 216455 workmens collective 22936 total Interstate Accident Insurance Co claims 14 Commissions or brokerage less amount received on return premiums and reinsurance 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 Bents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 7606 06 7606 36 651 00 10492 37 17405 34 3452 17 900 00 497 79 1310 60 1849 25 1496 25 1087 45ComptrollerGenerals Report 821 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 37 All other disbursements viz Directors meeting 6091 actuary a inspections 43460 sundry expenses 66626 interest paid for borrowed money 651902 total 46 Total disbursements 5593 82 1237 48 2625 80 79 63886 17 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 7162 deposited in banks 4022476 total 7 Other ledger assets viz Light deposit 500 advance to agents 63335 total 37500 00 1980 00 275306 12 40296 38 638 35 11 Ledger assets 355720 85 NonLedger Assets 13 Interest on bonds 15 Interest on other assets Total 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 On policies or renewals issued prior to Octo ber 1 1910 33 Totals 37 Gross assets 3058 30 742 59 12335 75 8181 22 3800 89 20516 97 380038 71 Deduct Assets Not Admitted 38 Companys stock owned 1980 00 43 Gross premiums in course of collection writ ten prior to October 1 1910 8181 22 44 Book value of ledger assets over market value viz Light deposit 500 ad vance to agents 63335 total 638 35 r 10799 57 51 Admitted assets 369239 14822 ComptrollebGenekals Eepoet VLiabilities 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 5184877 un earned premiums 50 per cent 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 770823 un earned premiums pro rata 25924 36 6301 48 21 Total unearned premiums 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1910 33 Other liabilities viz Due Otto Marx Co 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 44 Surplus over all liabilities 250000 00 74755 25 215 00 6799 00 7014 00 32225 84 5129 24 114 81 44483 89 45 Surplus as regards policyholders 324755 25 46 Total liabilities 369239 14 Business in the State of Georgia During the Tear Gross premiums uncollected in Georgia Gross premiums collected in Georgia 243 35 512 59 Total ILLINOIS SURETY COMPANY OF CHICAGO ILLINOIS 755 94 Albert T Hopkins President Chas E Schick Secretary Home Office 630206 La Salle 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 568917 66 Extended at 568917 66ComptrollerGenerals Report 823 IIIncome Gross premiums written and renewed during the year Fidelity 13026554 surety 26570138 total 395966 92 Deduct reinsurance Fidelity 610805 surety 1120859 total 17316 64 Deduct return premiums on policies can celled Fidelity 898476 surety 713702 total 16121 78 Deduct premiums on policies not taken Fidelity 1163109 surety 1842501 total 30056 10 5 Total deductions Fidelity 2672390 surety 3677062 total 6 Net premiums Fidelity 10354164 surety 22893076 24 25 27 28 30 32 36 38 total Gross interest on bonds and dividends on stocks less 29166 accrued interest on bonds acquired during 1910 Gross interest on deposits in trust com panies and banks Interest on collateral deposits Interest on bills receivable 11914 37 191 02 182 33 37 21 Total gross interest and rents Brokerage on business placed with other companies From agents balances previously charged off Gross increase by adjustment in book value of ledger assets viz Bonds 63494 52 332472 40 12324 93 5248 86 494 63 98 19 39 Total income 350639 01 IIIDisbursements 1 Gross amount paid for losses Fidelity 1601811 surety 12541700 total 2 Deduct reinsurance Surety 575 66 3 Deduct salvage Fidelity 530882 sur ety 1538098 total 20689 80 4 Total deductions Fidelity 530882 surety 1595664 total 5 Net amount paid policyholders for losses Fidelity 10 70929 surety 10946036 total 17 Investigation and adjustment of claims viz Surety 2 07361 fidelity 67370 total 141435 11 21265 46 120169 65 2747 31824 ComptbolleeGenebals Eepoet 28 32 34 35 36 37 42 43 44 45 46 47 49 50 51 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Surety 3829614 fidelity 1801081 total Salaries fees and all other compensation of officers di rectors trustees and home office employees Rents Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes viz U S excise tax 40564 St Louis Mo city license 10000 Kansas City Mo city license 2500 total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends amount declared during the year 15000 Other disbursements viz Excise commission and expense 1736697 traveling expense 76255 totali Exchange 6759 premiums on bonds ex pense 42807 brokerage 39506 total Personal tax 1208 bad debts 8297 agency expense 280620 total Miscellaneous expense 587136 develop ment expense 325436 total 18129 52 890 72 2901 25 9125 72 Total 54 Gross loss on sale or maturity of ledger assets viz Bonds 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 56306 95 36074 81 5250 00 2712 86 2712 86 3591 69 530 64 12521 48 2594 23 7777 42 5507 58 839 25 15000 00 31047 21 5108 48 227 54 56 Total disbursements 308007 10 IVLedger Assets 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 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Fidelity 20 70348 surety 3500276 total 55706 24 429873 65 658 41 22131 57 34961 27Comptroller Generals Report 825 On policies or renewals issued prior to October 1 1910 Fidelity 1260269 surety 2727375 total 39876 44 Total 25 Bills receivable 27 Advances on contracts 2261175 miscellaneous ac counts receivable 4825 total 45 Bills receivable 49 Premiums in course of collection written prior to October 1 1910 51 Advances on contracts 2261175 miscel laneous accounts receivable 4825 bonds 370615 total 26366 15 Total 55 Admitted assets VLiabilities 1 Losses and claims adjusted Fidelity 5000 surety 10 01425 total j 2 Losses and claims reported or in process of adjustment Fidelity 250959 surety 1670000 total 3 Losses and claims resisted Fidelity 404300 surety 2138357 total 4 Total Fidelity 660258 surety 4809782 total 5 Deduct reinsurance Surety 6 Net unpaid claims except liability claims Fidelity 6 60259 surety 4108357 total 7 Estimated expenses of investigation and adjustment of unpaid claims Fidelity 22272 surety 100000 total 20 Total unpaid claims and expenses of settlement Fidelity 682531 surety 4208357 total 95582 68 5681 99 22660 00 30 Ledger assets 611549 57 NonLedger Assets 32 Interest accrued on bonds 3223 76 43 Gross assets 614773 33 Deduct Assets Not Admitted 5681 99 39876 44 71924 58 542848 75 10064 25 19209 59 25426 57 54700 41 7014 25 47686 16 1222 72 48908 88826 ComptrollerGenerals Eeport 20 Gross premiums less reinsurance upon all unexpired excise risks written in New York State running one year or less from date of policy 5900065 un earned premiums seventyfive per cent 44250 47 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 20482255 un earned premiums fifty per cent 102411 27 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 3576009 un earned premiums pro rata 30072 98 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Fidelity 623110 surety 913528 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 35 Reinsurance 176734 72 15366 38 825 33 2087 14 3480 69 46 Total amount of all liabilities except capital 247403 14 47 Capital actually paid up in cash 250000 00 48 Surplus paid in by stockholders 45445 61 295445 61 50 Surplus as regards policyholders 51 Total liabilities 542848 75 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Fidelity 40400 surety 15472 totalI 558 72 INTERSTATE LIFE AND ACCIDENT COMPANY OF CHATTANOOGA TENNESSEE H D Huffaker President L A Whittle Secretary Home Office Chattanooga Tenn Win A Wright Atlanta Attorney for Service in Georgia TCapital Stock 1 Capital Stock paid up in cash 78770 00 Extended at 78770 00ComptbolleeGtenebals Report IIIncome 1 Gross premiums written and renewed during the year Accident 403680 health 369100 surety 3150 plate glass 20589 total 3 2 Deduct reinsurance Accident 15346 health 3831 total 191 77 3 Total deductions Accident 15346 health 3831 total 4 Net premiums Fidelity 388334 health 365269 sur ety 3150 plate glass 20589 total 22 Gross interest on mortgage loans 2264 96 26 Gross interest from all other sources 711 76 30 Total gross interest 31From other sources viz 32 Stock sold and issued 78770 00 33 Partial payments on stock not issued and premiums on stock 139775 00 7965 19 191 77 7773 42 2976 72 Total 218525 00 40 Total income 229275 14 IIIDisbursements 1 Gross amount paid for losses Accident 78972 health 57936 plate glass 1800 total 2 Net amount paid policy holders for losses Accident 78972 health 57936 plate glass 1800 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 195301 health 194925 plate glass 538 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 31 Inspections other than medical and claim 32 Rents 36 Insurance department licenses and fees 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 1387 08 1387 08 3907 64 6452 78 548 00 300 00 100 00 426 00 25 00 225 00 429 9 1485 55 194 34 828 ComptrollerGenerals Report 46 Furniture and fixtures 48 Other disbursements viz Commissions on stock sales 2329004 collections and exchange S330 traveling expenses 104266 general expenses 78422 total 1404 55 25200 22 56 Total disbursements 42059 09 IVLedger Assets 2 Mortgage loans on real estate first liens 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 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 30000 health 20000 plate glass 10000 total 25 Bills receivable 27 Agents balances and other assets 69145 00 655 61 18056 97 18115 33 600 00 78653 43 1989 71 30 Ledger assets 187216 05 NcmLedger Assets 31 Interest accrued on mortgages 1320 34 35 Deposits in banks 320 90 Total 40 Other nonledger assets viz Furniture and fixtures 1 40453 printing and stationery 80000 total 43 Gross assets Deduct Assets Not Admitted 45 Bills receivable 78653 43 46 Furniture and fixtures 1404 55 47 Supplies printed matter and stationery 800 00 48 Loans on personal security endorsed or not 680 20 51 Agents balances and personal accounts 1361 51 Total 1641 24 2204 55 191061 84 2 Total amount of all liabilities except capital stock 82847 69 55 Admitted assets 108214 15 VLiabilities 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 16447 unearned premiums fifty per cent 1982 23 1982 23ComptrollerGenerals Report 829 47 Capital actually paid up in cash 78770 00 48 Surplus over all liabilities 27461 92 49 Surplus as regards polieyholders 106231 92 50 Total liabilities 108214 15 Business in Tennessee During 1910 Gross premiums on risks written or renewed during the year Accident 222730 health 200555 surety 3150 plate glass 41592 total 4680 27 Gross losses paid 1 387 08 Gross losses incurred Accident 78972 accident 57936 plate glass 1800 total 1387 08 KANSAS CITY CASUALTY CO OF KANSAS CITY MO Chas 1 Schmelzer President S L Long Secretary Home Office R A Long Bldg Kansas City Mo Wm A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Surplus 105753 75 Extended at 305753 75 IIIncome 1 Gross premiums written and renewed during the year Accident 622388 health 172375 fidelity 4 44762 surety 656785 plate glass 299994 steam boiler 43330 burglary and theft 237907 elevator 76417 sprinkler 30000 physicians defense 18000 druggists defense 1300 total 26032 58 2 Deduct reinsurance return premiums and cancellations Accident 120513 health 44770 fidelity 43601 surety 34899 plate glass 38227 steam boiler 11000 burglary and theft 30343 elevator 23175 total 346g 28 3 Net premiums Accident 501875 health 127605 fidelity 401161 surety 621886 plate glass 2 61767 steam boiler 32330 burglary and theft 2 07564 elevator 53242 sprinkler 30000 physi cians defense 18000 druggists defense 1300 total 22567 30 830 ComptrollerGenerals Report 20 Interest on mortgage loans 7191 10 22 Interest on bonds and dividends on stock 1930 55 23 Interest on deposit 845 39 26 Total interest 32 From all other sources viz Commissions and fees 38 Total income 9967 04 914 03 33448 37 IIIDisbursements 1 Gross amount paid for losses Accident 45589 health 2500 fidelity 11420 plate glass 45968 burglary and theft 10125 elevator 19935 sprinkler 13045 total 2 Deduct salvage and reinsurance Fidelity 11420 plate glass 6232 total 3 Net amount paid policyholders for losses Accident 45589 health 2500 plate glass 39736 burglary and theft 10125 elevator 19935 sprinkler 13045 total 4 Investigation and adjustment of claims Accident 1420 elevator 1500 total 5 Totals Accident 47009 health 2500 fidelity 11420 plate glass 39736 burglary and theft 10125 ele vator 21435 sprinkler 13045 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 140960 health 32984 elevator 5400 fidelity 51923 surety 101684 plate glass 48754 steam boiler 4666 burglary and theft 34712 sprinkler 3900 druggists defense 260 physicians defense 2400 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 22 Medical examiners fees and salaries 24 Bents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 1485 82 176 52 1309 30 29 20 1452 70 4276 43 11778 51 1764 07 10 00 2772 00 828 00 742 50 1164 98 5017 98 770 41 2301 1134275 19 176538 00 49187 50 76119 73 301845 23 ComptrollerGenerals Report 831 37 All other disbursements viz Fidelity bonds for em ployees 9300 safe deposit vault 4000 fire insur ance 3750 home office incidental expense 92548 agents balances charged off 41472 total 1510 70 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 10000 depos ited in banks 7601973 total 11 Ledger assets NonLedger Assets 12 Interest due 165000 and accrued 2 97255 on mortgages 3137 55 13 Interest accrued on bonds 410 40 Total 3547 95 19 Gross premiums in course of collection viz Accident 58188 health 5875 surety 62906 plate glass 45709 steam boiler 55681 burglary and theft 9000 druggists defense 41405 sprinkler 1300 physicians defense 7500 total 2875 64 On policies or renewals issued prior to October 1 1910 Accident 9475 health 2925 plate glass 1725 steam boiler 6481 total 206 06 Total 3081 70 34 Other nonledger assets viz Furniture and fixtures 230111 stationery and supplies 451618 total 6817 29 37 Gross assets Deduct Assets Not Admitted 40 Furniture and fixtures 2301 11 41 Supplies printed matter and stationery 4516 18 43 Gross premiums in course of collection written prior to October 1 1910 206 06 Total 7023 35 51 Admitted assets 308268 82 315292 17832 ComptrollerGenerals Report VLiabilities 1 Losses and claims resisted Accident 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 2043106 un earned premiums fifty per cent 10215 51 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 45000 un earned premiums pro rata 372 58 21 22 Total unearned premiums Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 viz Accident 150 health 210 fidelity 2775 surety 2062 plate glass 1764 steam boiler 1330 burglary and theft 5575 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 96992 03 45 Surplus as regards policyholders 46 Total liabilities 450 00 450 00 10588 13 238 68 11276 79 296992 03 308268 82 LONDON GUARANTEE AND ACCIDENT COMPANY LTD OP LONDON ENGLAND F W Lawson General Manager for the United States i Home Office in the United States 206 La Salle St Chicago 111 J L Siley Atlanta Attorney for Service in Georgia ICapital Stock 1 Statutory deposit 500000 00 2 Amount of ledger assets December 31 of previous year 2773012 89 Extended at 2773012 89 IIIncome 1 Gross premiums written and renewed during the year Accident 10267123 health 1406419 liability 2 46353230 steam boiler 3796825 burglary and theft 9421667 credit 34921366 auto property damage 4590574 workmens collective 14812645 total 3255716 49ComptrollerGenerals Report 833 2 Deduct reinsurance Accident 1134999 health 100462 liability 597935 steam boiler 565837 burglary and theft 1027115 total 34263 48 3 Deduct return premiums on policies can celled Accident 144018 health 30708 liability 16824251 steam boiler 293245 burglary and theft 359453 credit 391010 auto prop erty damage 313809 workmens col tive 1355608 total 197121 02 4 Deduct premiums on policies not taken Accident 1366024 health 226596 liability 14819224 steam boiler 5 64035 burglary and theft 940277 credit 1023000 auto property dam age 369686 workmens collective 74325 total 193831 67 5 Total deductions Accident 2645041 health 357766 liability 32241410 steam boiler 1423117 burglary and theft 2326845 credit 1414010 auto property damage 683495 workmens collective 1429933 total 425216 17 6 Net premiums Accident 7622082 health 1048653 liability 214111820 steam boiler 2373708 burg lary and theft 7094822 credit 33509156 auto property damage 3907079 workmens collective 13382712 total 2830500 32 24 Gross interest on bonds and dividends on stocks less 355676 accrued interest on bonds acquired during 1910 81844 18 25 Gross interest on deposits in trust com panies and banks 2 576 70 26 Gross interest from all other sources 91 58 30 Total gross interest 84 512 46 32 Home office for additional deposit with New York depart ment 200000 00 39 Total inco7ne 3115012 78 IIIDisbursements Gross amount paid for losses Accident 4465895 health 304772 liability 86751818 steam boiler 164202 burglary and theft 2760971 credit 93 70881 auto property damage 600409 workmens collective 6878647 total 1112975 95834 ComptrollerGenerals Beport 2 Deduct reinsurance Accident 11 37217 health 1428 steam boiler 1 38915 burglary and theft 162439 total i 3 Deduct salvage Burglary and theft 1546 credit 1524156 total 14399 99 15257 02 4 Total deductions Accident 1137217 health 1428 steam boiler 138915 burglary and theft 163985 credit 1524156 total 29657 01 5 Net amount paid policyholders for losses Accident 33 28678 health 303344 liability 86751818 steam boiler 25287 burglary and theft 2596986 credit 7846725 auto property damage 600409 work mens collective 6878647 total 1083318 94 17 Investigation and adjustment of claims viz Accident 106413 health 1465 liability 26998705 burg lary and theft 109734 credit 201341 auto prop erty damage 47608 total 274652 66 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2571918 health 294903 liability 547 28545 steam boiler 709754 burglary and theft 2258527 credit 11178711 auto property damage 785830 workmens collective 3401506 total 759296 94 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 115744 83 29 Salaries traveling and all other expenses of agents not paid by commissions 61570 01 31 Inspections other than medical and claim 30126 10 32 Rents 14053 40 35 State taxes on premiums 33513 35 36 Insurance department licenses and fees 2226 75 37 All other licenses fees and taxes 38 Income tax on standing bonds 49 54 39 Municipal licenses 248553 advertising statements 41123 total 2896 76 40 Consular fees 166 23 41 Certificates of deposits 15300 notarial and other fees 28400 total 437 00 Total 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 3549 53 4234 69 8361 78 22080 98 7997 42 3557 05 ComptrollerGenerals Report 835 47 Stockholders for interest or dividends 135212 46 48 Other disbursements viz Traveling expenses 530250 law library 18800 exchange 66123 statistics 2 75830 bureau reports 30000 general office expense 1151004 total 20720 07 56 Total disbursements 2580216 96 IVLedger Assets 4 Book value of bonds 5 Cash in company s office 6 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 13 22409 health 369247 liability 45749795 steam boiler 483040 burglary and theft 1698035 auto property damage 1241530 workmens collective 1183671 total i On policies or renewals issued prior to October 1 1910 Accident 72750 health 7875 liability 5504078 steam boiler 87277 burglary and theft 51385 automobile property damage 64650 workmens collective 119656 total 2507773 96 2123 38 185500 00 520477 27 5907671 Total 27 Cash in hand of branch claim department 1665000 agents balances 1620739 total 30 Ledger assets NonLedger Assets 32 Interest due and accrued on bonds 579553 98 32857 39 3307808 71 32278 30 43 Gross assets 3340087 01 49 Premiums in course of collection written prior to October 1 1910 51 Bonds 14118798 agents balances 1620739 cash in hands of branch claim departments 1665000 total Deduct Assets Not Admitted 59076 71 174045 37 Total 233122 08 55 Admitted assets 3106964 93836 ComptrollerGenerals Report VLiabilities 2 Losses and claims reported or in process of adjustment Accident 1161750 health 250000 steam boiler 20000 burglary and theft 551800 credit 2 30000 auto property damage 157232 workmens collective 1543300 total Losses and claims resisted Accident 1750000 credit 2300000 total 3 39140 82 40500 00 4 Total Accident 2911750 health 250000 steam boiler 20000 burglary and theft 551800 credit 2530000 auto property damage 157232 workmens collective 1543300 total 5 Deduct reinsurance Accident 853750 health 2500 burglary and theft 123291 total 79640 82 9795 41 6 Net unpaid claims except liability claims Accident 2058000 health 247500 steam boiler 20000 burglary and theft 428509 credit 2530000 auto property damage 157232 workmens collective 15 43300 total 7 Estimated expenses of investigation and adjustment of unpaid claims Credit 69845 41 2000 00 8 Total Accident 2058000 health 247500 steam boiler 20000 burglary and theft 428509 credit 2730000 auto property damage 157232 work mens collective 1543300 total 17 Special reserve for unpaid liability losses 18 Special reserve for credit losses on policies expiring in October November and December 1910 being fifty per cent of 9124083 gross premiums received on said policies less 2085716 paid during said months on losses under said policies 19 Special reserve for accrued losses on credit policies in force December 31 1910 being fifty per cent of 155 40013 earned premiums on said policies 71845 41 795945 46 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 181173443 un earned premiums fifty per cent 905867 21 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 22979657 unearned premiums pro rata 127320 15 24763 26 72700 06 965254 19 23 Total unearned premiums 1033187 36ComptrollerGeneral s Report 837 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 462844 health 129237 liability 12581193 steam boiler 144912 burglary and theft 594312 auto property damage 341420 workmens collective 295918 total 145498 36 29 Salaries rents expenses bills accounts fees etc due or accrued 7685 01 30 State county or municipal taxes due or accrued 30000 00 36 Advance premiums one hundred per cent 1150 00 37 Other liabilities viz Contingent reserve 100000 00 46 Total amount of all liabilities except capital 2282774 92 49 Surplus as regards polieyholders 824190 01 50 Total liabilities 3106964 93 LLOYDS PLATE GLASS INSURANCE CO OF NEW YORK N Y William T Woods President Charles E W Chambers Secretary Home Office 6163 William St 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 946898 42 Extended at 946898 42 IIIncome 1 Gross premiums written and renewed during the year Plate glass 2 Deduct rebate Plate glass 2047 36 3 Deduct return premiums Plate glass 36363 46 4 Deduct premiums not taken Plate glass 32390 22 5 Total deductions 589879 19 70801 04 6 Net cash actually received for premiums 20 Interest on mortgage loans 22 Interest on bonds and dividends on stock 25 Gross rents from companys property in cluding 850000 for companys occu pancy of its own buildings 26 Total interest and rents 519078 15 275 62 24410 90 17989 98 42676 50838 ComptrollerGenerals Report 27 Profit on sale or maturity of ledger assets viz Stocks 47o 00 32 From all other sources viz Profit and loss 476 spe cial security deposits returned sundry accounts 5000 borrowed money 600000 total 054 76 38 Total income 568284 41 IIIDisbursements 1 Gross amount paid for losses Plate glass 190615 49 2 Deduct salvage Plate glass 10043 17 3 Net amount paid policyholders for losses Plate glass 180572 32 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 166682 28 19 Stockholders for interest or dividends amount declared during the year 5000000 50000 00 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 6051o 33 21 Salaries traveling and all other expenses of agents not paid by commissions 5803 07 24 Rents including 850000 for companys occupancy of its own buildings 9529 92 25 Repairs and expenses other than taxes on real estate 8016 55 26 Taxes on real estate 668U U1 27 All other taxes licenses and insurance department fees 15179 09 28 Legal expenses 574 15 29 Advertising 5628 73 30 Printing and stationery 3949 84 31 Postage and express 96U 8 32 Furniture and fixtures 1385 bl 37 All other disbursements viz Borrowed money 6 00000 interest on borrowed money 3884 sundry expenses 661689 profit and loss 177120 total 14426 93 46 Total disbursements 535854 65 TVLedger Assets 1 Book value of real estate unencumbered 245763 18 2 Mortgage loans on real estate first liens 15000 00 4 Book value of bonds excluding interest 25521209 and book value of stocks 31215029 total 567362 38 5 Cash in companys office 337849 deposited in banks 1237940 total 15757 89 11 Ledger assets together with line 33 below 843883 45ComptrollerGenerals Report 839 NonLedger Assets 12 Interest accrued on mortgages 337 50 13 Interest accrued on bonds 3068 14 16 Bents accrued on companys property or lease 275 00 17 Market value of real estate over book value 19 Gross premiums in course of collection viz On policies or renewals issued prior to October 1 1910 Plate glass 94724 05 On policies or renewals issued prior to October 1 191 0 40720 68 Total sj 34 Other nonledger assets viz Salvage glass on hand 470581 sundry accounts Tariff Association depos its 14500 total 19236 82 135444 73 4850 81 37 Gross assets 1007096 45 Deduct Assets Not Admitted 40 Salvage glass on hand 4750 81 41 Sundry accounts Tariff Association de posits 145 00 43 Gross premiums in course of collection written prior to October 1 1910 40720 68 45 Book value of ledger assets over market value viz Bonds 1076334 stocks 3260229 total 43365 63 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 45663536 un earned premiums fifty per cent 228317 68 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 11106056 unearned premiums pro rata 54306 51 21 Total unearned premiums 3937 12 51 Admitted assets 918159 33 VLiabilities 1 Losses and claims adjusted Plate glass 24886 03 2 Losses and claims in process of adjustment Plate glass 11722 68 36608 71 282624 19840 ComptrollerGeneral s Report 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 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 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 250000 00 44 Surplus over all liabilities 309700 32 31574 68 30 58 620 85 7000 00 358459 01 45 Surplus as regards policyholders 46 Total liabilities Business in the State of Georgia During the Year 559700 32 918159 33 Gross premiums received on risks written or renewed during the year Plate glass Gross losses paid Plate glass 1750 32 334 37 UNITED STATES BRANCH OF THE LONDON GUARANTEE AND ACCIDENT INSURANCE CO LTD OF LONDON ENGLAND F V Lawson General Manager in United States Home Office for the United States 206 La Salle St Chicago 111 T L Riley Atlanta Attorney for Service in Georgia ICapital Stock 1 Statutory deposit 500000 00 2 Amount of ledger assets December 31 of previous year 2336543 oi Extended at 2336543 57 IIIncome 1 Gross premiums unpaid December 31 last year Accident 1111601 health 156058 liability 39001417 steam boiler 601013 burglary and theft 1328088 auto property damage 244201 workmens collective 1204554 total 2 Gross premiums written and renewed during the year Accident 10267123 health 1406419 liability 2 46353230 steam boiler 3796825 burglar and 436469 32ComptrollerGenerals Report 841 theft 9421667 credit 34923166 auto property damage 4590574 workmens collective 14812645 total 3255716 49 3 Total Accident 11378724 health 1562477 liability 285354647 steam boiler 4397838 burglary and theft 10749755 credit 34923166 auto property damage 4834775 workmens collective 16017199 total 3692185 83 4 Deduct gross premiums now in course of collection Acci dent 1395159 health 377122 liability 512 53873 steam boiler 570317 burglary and theft 1749420 auto property damage 1306180 work mens collective 1303327 total 579553 98 5 Entire premiums collected during the year Accident 9983565 health 1185355 liability 234100774 steam boiler 3827521 burglary and theft 9000335 credit 34923166 auto property damage 3528595 workmens collective 14713872 total 3112631 83 6 Deduct reinsurance return premiums and cancellations Accident 2645041 health 357766 liability 322 41410 steam boiler 1423117 burglary and theft 2326845 credit 1414010 auto property damage 683495 workmens collective 1429933 total 425216 17 7 Net cash actually received for premiums Accident 73 38524 health 827589 liability 201859364 steam boiler 2404404 burglary and theft 6673490 credit 33509156 auto property damage 2845100 workmens collective 13283939 total 2687415 66 22 Interest on bonds and dividends on stock 81844 18 23 Interest on deposits 2576 70 24 Interest from all other sources 91 58 26 Total interest 84512 46 32 From all other sources Home office for additional de posit with New York department 200000 00 38 Total income 2971928 12 IIIDisbursements Gross amount paid for losses Accident 4465895 health 304772 liability 86751818 steam boiler 164202 burglary and theft 2760971 credit 93 70881 auto property damage 600409 workmens collective 6878647 total 1112975 9542 ComptrollerGenerals Report 9 Deduct salvage and reinsurance Accident 1137217 health 1428 steam boiler 138915 burglary and theft 163985 credit 1524156 total 9fio 3 Net amount paid policyholders for losses Accident 33 286 78 health 303344 liability 86751818 steam boiler 25287 burglary and theft 2596986 credit 7846725 auto property damage 600409 work men s collective 6878647 total l083di 4 Investigation and adjustment of claims Accident 1 064 13 health 1465 liability 26998705 burglary and theft 109734 credit 201341 auto property damage 47608 total 5 Total Accident 3435091 health 304809 liability 113750523 steam boiler 25287 burglary and theft 2706720 credit 8048066 auto property damage 648017 workmens collective 6878647 total 1357971 60 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2571918 health 294903 liability 547 28545 steam boiler 709754 burglary and theft 2258527 credit 11178711 workmens collective 3401506 auto property damage 785830 total 7o9296 94 1 Q 91 9 4fi 19 Eemitted home office on u 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 115744 83 21 Salaries traveling and all other expenses of agents not paid by commissions Qfl 1 9fi 1 1 23 Inspections other than medical auiu v 14053 40 24 Rents 27 All other taxes licenses and insurance department fees 3928J 63 28 Legal expenses 4234 9 29 Advertising 8361 78 30 Printing and stationery 22080 98 7 QQ7 42 31 Postage and express 32 Furniture and fixtures 3557 05 37 All other disbursementsviz Traveling 530250 law liabary 18800 exchange 66123 statistical bureau 275830 bureau reports 30000 office and general expenses 1151004 total 20720 07 46 Total disbursements 2580216 96 IVLedger Assets 4 Book value of bonds excluding interest 2507773 96 5 Cash in companys office 212338 deposited in banks 18550000 total 187623 38ComptrollerGenerals Report 843 7 Other ledger assets viz Agents balances 1620739 cash in hands of branch claim departments 1665000 total 32857 39 11 Ledger assets 2728254 73 NonLedger Assets 13 Interest accrued on bonds 32278 30 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 3 1910 Acci dent 1322409 health 369247 lia bility 45749795 steam boiler 4 83040 burglary and theft 1698035 auto property damage 1241530 work mens collective 1183671 total 520477 27 On policies or renewals issued prior to October 1 1910 Accident 72750 health 7875 liability 5504078 steam boiler 87277 burglary and theft 51385 auto property damage 64650 workmens collective 1 19656 total 59076 71 Total 579553 98 37 Gross assets 3340087 01 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1910 59076 71 44 Book value of ledger assets over market value viz Bonds 114187 98 46 Agents balances 16207 39 47 Cash in hands of branch claim depart ments 16650 00 Total 233122 08 51 Admitted assets 3106964 93 VLiabilities 1 Losses and claims in process of adjustment Accident 1161750 health 250000 steam boiler 20000 burglary and theft 551800 credit 430000 auto property damage 157232 workmens collective 15 43300 total 41140 82844 ComptrollerGenerals Report 2 Losses and claims resisted 2300000 total Accident 1750000 credit 3 Total Accident 2911750 health 250000 steam boiler 20000 burglary and theft 551800 credit 2730000 auto property damage 157232 work mens collective 1543300 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 1910 being fifty per cent of 9124083 gross premiums received on said policies less 2085716 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 181173443 un earned premiums fifty per cent 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 22979657 unearned premiums pro rata 905867 21 12732015 40500 0O 81640 82 9795 41 71845 41 795945 46 24763 26 892554 13 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 1910 viz Accident 462844 health 129237 liability 12581193 steam boiler 144912 burglary and theft 594312 auto property damage 341420 workmens collective 295918 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 37 Dividends due stockholders 32 Advance premiums 100 per cent 33 Other liabilities viz Contingent reserve 10000000 special reserve for accrued losses on credit policies in force December 31 1910 being 50 per cent of 155 40013 7270006 total 1033187 36 145498 36 7685 01 30000 00 1150 00 172700 06 42 Total amount of all liabilities except capital 2282774 92ComptrollerGenerals Report 845 43 Statutory deposit 44 Surplus over all liabilities 500000 00 324190 01 45 Surplus as regards policyholders 824190 01 46 Total liabilities 3106964 93 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 512446 health 189357 liability 22 19598 steam boiler 34650 burglary and theft 41858 auto property damage 99648 workmens col lective 24304 total Gross losses paid Accident 74925 health 38593 liabil ity 1278699 auto property damage 44380 work mens collective 6800 total Gross losses incurred Accident 74925 health 38593 lia bility 1278699 auto property damage 44380 work mens collective 6800 total 31218 61 14433 97 14433 97 LOYAL PROTECTIVE INSURANCE COMPANY OF BOSTON MASS L Augustus Allen President Francis R Parks Secretary Home Office 585 Boylston St Boston Mass 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 272716 54 Extended at 272716 54 IIIncome 1 Gross premiums written and renewed during the year Accident and health 477615 50 2 Deduct return premiums on policies cancelled 1397 77 3 Net premiums 476217 73 20 Policy fees required or represented by applications 45260 00 24 Gross interest on bonds and dividends on stocks less 16066 accrued interest on bonds acquired during 1910 7184 34 25 Gross interest on deposits in trust com panies and banks 1857 81846 ComptrollerGenerals Report 28 Interest on protested check 29 Gross rents from companys property 120 00 30 Total gross interest and rents 31 From other sources viz Pee on protested check 43c amounts refunded by claimants 9000 checks not pre sented for payment 15038 total 36 From agents balances previously charged off 39 Total income 9162 65 240 81 80 75 530961 94 IIIDisbursements 1 Gross amount paid for losses Accident and health 273227 06 2 Net amount paid policyholders for losses Accident and health 273227 06 17 Investigation and adjustment of claims viz Accident and health 8981 22 Policy fees retained by agents 43963 i5 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 27174 35 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 62476 59 29 Salaries traveling and all other expenses of agents not paid by commissions 3324 90 30 Medical examiners fees and salaries 218 00 32 Rents 4475 71 35 State taxes on premiums 2472 00 36 Insurance department licenses and fees 2582 31 37 All other licenses fees and taxes Care and custody of funds Massachusetts State Treasurer 3773 State fees for certificates etc other than insurance depart ment 9454 total 132 27 42 Legal expenses 6359 6 43 Advertising 791 25 44 Printing and stationery 7930 06 45 Postage telegraph telephone and express 6540 64 46 Furniture and fixtures 487 14 48 Other disbursements viz Officers traveling expenses 30325 profit and loss 11404 miscellaneous 2 08540 collection expenses collectors 2083816 bank 15994 badges 36516 total 23865 95 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 50500 stocks 7789 total 582 89 56 Total disbursements 476402 63ComptrollerGenerals Report IVLedger Assets 4 Book value of bonds 23171539 and stocks 1930000 total 5 Cash in companys office 7 Deposits in trust companies and banks on interest 847 251015 39 500 00 75760 46 30 Total ledger assets 327275 85 NonLedger Assets 32 Interest accrued on bonds 39 Market value of bonds and stocks over book value 3007 40 314 61 43 Gross assets 330597 86 VLiabilities 1 Losses and claims reported or in process of adjustment Accident and health t 2 Losses and claims resisted Accident and health 3 Net unpaid claims except liability claimsi 4 Estimated expenses of investigation and adjustment of claims Accident and health 20 Total unpaid claims and expenses of settlement Acci dent and health 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 12755400 unearned premiums pro rata 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county or municipal taxes due or accrued 36 Advance premiums one hundred per cent 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 100000 00 48 Surplus over all liabilities 73661 60 57610 74 575 00 58185 74 957 11 59142 85 85036 00 1000 00 8546 41 3211 00 156936 26 49 Surplus as regards polieyholders 50 Total liabilities Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident and health Gross losses paid Accident and health Gross losses incurred Accident and health 173661 60 330597 86 1814 00 1710 50 1743 68848 ComptrollerGenerals Report MARYLAND CASUALTY COMPANY OF BALTIMORE MD John T Stone President James P Mitchell Secretary Principal Office Baltimore Md A Haas Son Howell Attorneys 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 5242107 64 3 Increase of capital during the year 250000 00 Extended at 5492107 64 IIIncome 1 Gross premiums written and renewed during the year Accident 92892427 health 33880341 liability 2 75461785 fidelity 1385758 surety 6036998 plate glass 35133839 steam boiler 30602673 burglary and theft 38046204 sprinkler 22591530 fly wheel 3099518 auto property damage 5714996 work mens collective 5176418 physicians defense 37 10272 total 5537327 59 2 Deduct reinsurance Accident 3282310 health 902603 liability 220446 fidelity 54500 surety 164284 plate glass 1958 burglary and theft 655403 sprinkler 94261 work mens collective 124154 total 54999 19 3 Deduct return premiums on policies can celled Accident 1813865 health 1022550 liability 15767990 fidel ity 12396 surety 94542 plate glass 1352444 steam boiler 11 44301 burglary and theft 1005668 sprinkler 872818 fly wheel 2 90510 auto property damage 3 81143 workmens collective 360231 physicians defense 66443 total 241849 01 4 Deduct premiums on policies not taken Accident 13272813 health 60 14221 liability 31593763 fidelity 44250 surety 162060 plate glass 5454719 steam boiler 5572856 burglary and theft 6654727 sprink ler 4289046 fly wheel 561284 autoComptrollerGenerals Report 849 property damage 928752 workmens collective 236515 physicians de fense 387365 total 751273 71 5 Total deductions Accident 18368988 health 79 39374 liability 47582199 fidelity 111146 surety 420886 plate glass 6809121 steam boiler 67 17157 burglary and theft 8315798 sprinkler 52 56125 fly wheel 851794 auto property damage 1309895 workmens collective 720900 physicians defense 453808 total 1048571 91 6 Net premiums Accident 74523439 health 259 40967 liability 227879586 fidelity 1274612 surety 5616112 plate glass 28324718 steam boiler 23885516 burglary and theft 29730406 sprinkler 17335405 fly wheel 2247724 auto property dam age 4405101 workmens collective 4455518 physi cians defense 3256464 total 4488755 68 24 Gross interest on bonds and dividends on stocks less 459761 accrued interest on bonds acquired during 1910 72918 06 25 Gross interest on deposits in trust com panies and banks 401 68 26 Gross interest from all other sources 693 61 29 Gross rents from companys property in cluding 2363884 for companys occu pancy of its own buildings 43036 74 30 Total gross interest and rents 217050 09 37 Gross profit on sale or maturity of ledger assets viz Bonds 600 00 38 Gross increase by adjustment in book value of ledger assets viz Bonds 969877 stocks 643000 total 16128 77 39 Total income 4722534 54 IIIDisbursements 1 Gross amount paid for losses Accident 34780121 health 13600512 liability 88279782 fidelity 42396 plate glass 12061376 steam boiler 23 50868 burglary and theft 8365208 sprinkler 68 53865 fly wheel 284679 auto property damage 12 50542 workmens collective 2187560 physicians defense 193525 total 1702504 34850 ComptrollerGenerals Report 2 Deduct reinsurance Accident 29 56543 health 545126 burglary and theft 221289 total 3 Deduct salvage Fidelity 27502 plate glass 128116 sprinkler 1244321 total 37229 58 13981 39 4 Total deductions Accident 2956543 health 545126 fidelity 25702 plate glass 128116 burglary and theft 221289 sprinkler 1244321 total 5 Net amount paid policyholders for losses Accident 318 23578 health 13055386 liability 88279782 fidel ity 16694 plate glass 11933260 steam boiler 2350868 5609544 1250542 burglary and theft 8143919 sprinkler fly wheel 284679 auto property damage workmens collective 2187560 physi cia 3 defense 193525 total 17 Investigation and adjustment of claims viz Accident 747684 health 106970 liability 31421299 fidel ity 5506 surety 1086 plate glass 14538 steam boiler 295235 burglary and theft 552615 sprink ler 127288 fly wheel 21987 auto property dam age 192106 workmens collective 417545 physi cians defense 318903 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 27556520 health 7912019 liability 51600091 fidelity 229342 surety 845591 plate glass 9713725 steam boiler 6395640 burglary and theft 8809850 sprinkler 4150012 fly wheel 589610 auto property damage 1101275 workmens collective 1043595 physicians defense 976939 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 31 Inspections other than medical and claim 32 Rents including 2363884 for companys occupancy of its own buildings 33 Repairs and expenses other than taxes on real estate 34 Taxes on real estate 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Tax on capital 42 Legal expenses 43 Advertising 51210 97 1651293 37 342227 62 1209242 09 215062 75 124269 03 3300 00 118067 87 23797 87 13264 39 7808 30 66360 71 21989 57 22935 18 3255 42 29625 83ComptrollerGenerals Report 851 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 47 Stockholders for interest or dividends amount declared during the year 16000000 also 33 13 per cent stock dividend 25000000 total 48 Other disbursements viz Interest on collateral loans 125201 general expense 1037369 traveling 7 544 50 fidelity and surety expense 456223 total 54 Gross loss on sale or maturity of ledger assets viz Bonds 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 9650875 stocks 15000 total 41107 78 11300 45 10746 44 410000 00 23732 43 12 50 96658 35 56 Total disbursements 4446058 35 IVLedger Assets 1 Book value of real estate 532171 69 4 Book value of bonds 411386142 and stocks 158 05500 total 4271916 42 5 Uash in companys office 32366 58 6 Deposits in trust companies and banks not on interest 76273 77 60428 45 Cash in companys office Deposits in trust companies and banks not on interest Deposits in trust companies and banks on interest Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 123 69054 health 4232264 liability 36536134 fidelity 210810 surety 916158 plate glass 4494160 steam boiler 3790255 burglary and theft 4820483 sprinkler 2765081 fly wheel 357367 auto property damage 556388 workmens collective 6 30265 physicians defense 516919 total 721953 38 On policies or renewals issued prior to October 1 1910 Accident 256723 health 161911 liability 3506018 fidelity 119425 surety 27055 plate glass 126651 steam boiler 223406 burglary and theft 91297 sprinkler 39359 fly wheel 51344 auto property damage 53340 work mens collective 2059 physicians defense 37836 total 46964 24 24 Total 768917 62852 ComptrollerGenerals Report 25 Bills receivable 6963 70 26 Other ledger assets viz Beinsured losses due from other companies 223725 agents balances 1730835 total 19545 60 30 Ledger assets 5768583 83 NonLedger Assets 32 Interest due and accrued on bonds 26923 82 43 Gross assets 5795507 65 Deduct Assets Not Admitted 45 Bills receivable 6963 70 49 Premiums in course of collection written prior to October 1 1910 46964 24 50 Book value of ledger assets over market value viz Agents balances 17308 35 54 Total 71236 29 55 Admitted assets 5724271 36 VLiabilities 1 Losses and claims resisted for policyholders Steam boiler 439500 physicians defense 1584000 auto property damage 439000 total 24625 00 2 Losses and claims reported or in process of adjustment Accident 7247095 health 1652241 fidelity 20988 surety 92500 plate glass 1840835 steam boiler 273773 burglary and theft 2176451 sprink ler 526137 physicians defense 336000 auto prop erty damage 123450 workmens collective 2 47654 total 145371 24 3 Losses and claims resisted Accident 2395000 health 65000 plate glass 198140 steam boiler 30000 burglary and theft 1255000 sprinkler 125000 fly wheel 75000 total 41431 40 4 Total Accident 9642095 health 1717241 fidelity 20988 surety 92500 plate glass 2038975 steam boiler 743273 burglary and theft 3431451 sprink ler 651137 physicians defense 1920000 fly wheel 75000 auto property damage 562450 work mens collective 247654 total 211427 64 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 152189 health 24784ComptrollerGenerals Report 85c plate glass 369 steam boiler 16427 burglary and theft 130588 sprinkler 26307 auto property dam age 24690 workmens collective 74296 total 4496 50 8 Total Accident 9794284 health 1742025 fidelity 20988 surety 92500 plate glass 2039344 steam boiler 759700 burglary and theft 3562039 sprink ler 677444 physicians defense 1920000 fly wheel 75000 auto property damage 587140 work men s collective 321950 total 215924 14 17 Special reserve for unpaid liability losses 963125 68 20 Total unpaid claims and expenses of settlement 1179049 82 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 333669972 un earned premiums fifty per cent 1668349 86 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 80976830 unearned premiums pro rata 440346 20 23 Total unearned premiums 2108696 06 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 4329169 health 1354324 liability 9103640 fidelity 52702 surety 229039 plate glass 1572956 steam boiler 947563 burglary and theft 1378658 sprinkler 691270 fly wheel 103636 auto property damage 139097 workmens collective 157566 physicians defense 155075 total 202146 95 29 Salaries rents expenses bills accounts fees etc due or accrued 15295 14 30 State county and municipal taxes due or accrued 75846 28 35 Reinsurance 418 87 46 Total amount of all liabilities except capital 3581453 12 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 1142818 24 49 Surplus as regards policyholders 2142818 24 50 Total liabilities 5724271 36 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 2318102 health 1717708 liability 51 74220 fidelity 8805 surety 3160 plate glass854 ComptrollerGenerals Report 559026 steam boiler 588519 burglary and theft 501321 sprinkler 204979 fly wheel 92105 auto property damage 108581 workmens collective 67975 physicians defense 43000 total Gross losses paid Accident 949156 health 1062222 liability 2764670 plate glass 285580 steam boiler 24956 burglary and theft 840726 sprinkler 71337 auto property damage 51521 workmens collective 15096 physicians defense 500 total Gross losses incurred Accident 847859 health 939714 liability 1859392 plate glass 296845 steamboiler 13452 burglary and theft 835315 sprinkler 71284 auto property damage 57170 workmens col lective 15745 physicians defense 50000 total 113875 01 60657 64 49867 76 MASONIC MUTUAL ACCIDENT COMPANY OF SPRINGFIELD MASS Clyde W Young President T W Gilbert VicePresident Home Office 31 Elm St Springfield Mass Wm A Wright Atlanta Attorney for Service in Georgia TCapital Stock 2 Amount of ledger assets December 31 of previous year 16161 30 Extended at 16161 30 IIIncome 1 Entire premiums collected during the year 32897 69 2 Deduct reinsurance return premiums and cancellations 104 50 3 Net premiums 32793 49 19 Policy fees required or represented by applications 14155 00 22 Interest on bonds and dividends on stock less accrued interest on bonds acquired during 1910 240 53 24 Interest from all other sources 234 38 26 Total interest and rents 474 91 38 Total income 47423 10 IIIDisbursements 1 Gross amount paid for losses Accident and health 12959 40 3 Net amount paid policyholders for losses Accident and health 12959 4013314 59 3732 89 14155 00 6974 80 1026 14 11 00 461 00 2 33 546 70 831 91 696 89 75 98 1380 70 43209 93 ComptrollerGeneral s Report 855 4 Investigation and adjustment of claims Accident and health 355 19 5 Totalsi 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 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 26 Taxes on real estate 27 All other taxes licenses and insurance department fees 29 Advertising printing and stationery 31 Postage and express 32 Furniture and fixtures 37 All other disbursements Office supplies 21008 inci dental expenses 36423 traveling expenses 80639 total 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 5 Cash in companys office 67624 deposited in banks 555023 total 6 Bills receivable 7 Other ledger assets viz Balances due from agents 13300 income of emergency fund in hands of State Treasurer 15500 total 11 Ledger assets 20374 47 NonLedger Assets 13 Interest accrued on bonds 251 27 18 Market value not including interest in item 13 of bonds and stocks over book value 65 00 19 Furniture and fixtures 45000 supplies printed matter and stationery 30000 total 750 00 37 Gross assets 21440 74 Deduct Assets Not Admitted 39 Bills receivable 233 00 40 Furniture and fixtures 450 00 13760 00 6226 47 100 00 288 00856 COMPTROLLERGENERALS REPORT 41 Supplies printed matter and stationery 300 00 44 Book value of ledger assets over market value viz Bonds 205 00 50 Total lASS 00 51 Admitted assets 20252 74 VLiabilities 1 Losses and claims reported proofs not received 2380 17 18 Total unpaid claims and expenses of settlement 2380 17 21 Total unearned premiums 3653 12 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 277 94 32 Advance premiums 100 per cent 1358 50 33 Other liabilities viz Taxes due or accrued 230 26 42 Total amount of all liabilities except capital 7899 99 44 Surplus over all liabilities 12352 75 46 Total liabilities 20252 74 MASSACHUSETTS BONDING AND INSURANCE COMPANY OF BOSTON MASS T J Falvey President John T Burnett Secretary Home Office 7785 State Street Boston Mass Eugene Dodd Atlanta Attorney for Service in Georgia LCapital Stock 1 Amount of capital paid up in cash 500000 00 2 Amount of ledger assets December 31 of previous year 1094580 77 Extended at 1094580 77 IIIncome 1 Gross premiums written and renewed during the year Fidelity 24725868 surety 47170214 burglary and theft 13433504 total 853295 86 2 Deduct reinsurance Fidelity 1289750 surety 3652635 burglary and theft 1683511 total 66258 96ComptrollerGenerals Report 857 3 Deduct premiums on policies cancelled Fidelity 12564 surety 62284 burglary and theft 7958 total 4 Deduct premiums on policies not taken Fidelity 3599134 surety 5157824 burglary and theft 3048228 total 828 06 118051 86 5 Total deductions Fidelity 4901448 surety 72743 burglary and theft 4739697 total 6 Net premiums Fidelity 19824420 surety 38297471 burglary and theft 8693807 total 24 Gross interest on bonds and dividends on stocks less 131078 accrued interest on bonds acquired during 1910 25 Gross interest on deposits in trust com panies and banks 26 Gross interest from all other sources viz Bills receivable 1985 miscellaneous 75 ets total 185138 88 668156 98 30539 21 2663 02 20 60 30 Total gross interest 37 Gross profit on sale or maturity of ledger assets viz Bonds 33222 83 726 87 39 Total income 702262 18 IIIDisbursements 1 Gross amount paid for losses Fidelity 2189039 surety 3589806 burglary and theft 2206606 totali 2 Deduct reinsurance Fidelity 1002760 burglary and theft 298947 total 3 Deduct salvage Fidelity 757511 sur ety 831892 burglary and theft 14210 total 4 Total deductions Fidelity 1760271 surety 831892 burglary and theft 313157 total 13017 07 16036 13 29053 20 5 Net amount paid policyholders for losses Fidelity 4 28768 surety 2757914 burglary and theft 18 93449 total 17 Investigation and adjustment of claims viz Surety 597311 fidelity 127611 burglary and theft 94477 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Surety 9516771 fidelity 4982601 burglary and theft 2491678 total 79854 51 50801 31 8193 89 169909 50858 ComptrollerGenerals Eeport 28 29 32 35 36 37 42 43 44 45 46 47 48 53 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 Rents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes Massachusetts fran chise tax 147379 sundry State county municipal and miscellaneous licenses and fees 116499 total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends amount declared during the year 3000000 total Other disbursements Expenses on salvage assets 13750 traveling 901867 underwriters boards tariff asso ciations supplies and miscellaneous expenses 10 23654 total Agents balances charged off 75290 26 35316 50 9124 19 6591 75 5968 71 2638 78 6353 36 5343 80 10583 46 10256 06 1723 82 30000 00 19392 71 94 41 56 Total disbursements 447582 51 IVLedger Assets 2 Mortgage loans on real estate first liensi 4 Book value of bonds 5 Gash in companys office 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies and renewals issued on or after October 1 1910 Fidelity 4837158 surety 9384670 burglary aud theft 2121311 total On policies or renewals issued prior to October 1 3910 Fidelity 773152 surety 1525545 burglary and theft 339062 total 163431 39 26377 59 Total 25 Bills receivable 26 Other ledger assets viz 5000 00 966419 30 762 92 1777 45 185355 29 Advanced on contracts 189808 98 30 00 106 50 30 Ledger assets 1349260 44ComptbollebGeneeal s Eepobt NonLedger Assets 859 32 35 37 43 9730 83 436 54 Interest accrued on banks deposits 10167 37 1359427 81 Deduct Assets Not Admitted 45 49 50 Bills receivable 30 00 Premiums in course of collection written prior to October 11910 26377 59 Book value of ledger assets over market value viz Bonds 1818730 ad vanced on contracts 10650 bank de posits at branch offices for expenses 58239 total 18876 19 Total 45283 78 55 Admitted assets 1314144 03 VLiabilities 2 Losses and claims reported or in process of adjustment Fidelity 936800 surety 3978799 burglary and theft 826220 total 57418 19 3 Losses and Claims resisted Fidelity 723205 surety 4873015 burglary and theft 300000 total 58962 20 21 Total Fidelity 1660005 surety 8851814 burglary and theft 1126220 total Deduct reinsurance Burglary and theft Net unpaid claims except liability claims Fidelity 16 60005 surety 8851814 burglary and theft 9 81311 total Estimated expenses of investigation and adjustment of unpaid claims Fidelity 90000 surety 410000 burglary and theft 15000 total Total unpaid claims and expenses of settlement Fidelity 1750005 surety 9261814 burglary and theft 9 96311 total Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 52630127 un earned premiums fifty per cent 263150 62 116380 39 1449 09 114931 30 5150 00 120081 30860 ComptrollerGenerals Beport 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 12729806 unearned premiums pro rata 72857 60 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 34 Eeturn premiums 35 Reinsurance 36 Advance premiums one hundred per cent 37 Other liabilities viz Due from salvage recovered on risks reinsured 300490 less amount due from same company 131146 total 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 500000 00 48 Surplus over all liabilities 278627 24 49 Surplus as regards policyholders 336008 22 45760 7S 8137 33 8500 00 60 28 11315 46 3959 98 1693 44 535516 79 778627 24 50 Total liabilities 1314144 03 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Fidelity 536193 surety 2169544 burglary and theft 54466 total Gross losses paid Burglary and theft Gross losses incurred Fidelity 100000 surety 35000 total 27602 03 15 00 1350 00 THE METROPOLITAN CASUALTY INSURANCE CO OF NEW YORK Eugene H Winslow President S Wm Burton Secretary Home Office 47 Cedar St New York City Henry M North Augusta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets December 31 of previous 3ear 673075 29 Extended at 673075 2958 0 1 ass m jJl 1 2 3 4 5 6 7 22 23 26 32 38 1 2 3 4 5 ComptrollerGeneral s Report IIIncome Gross premiums unpaid December 31 last year Accident 1597450 health 430695 plate glass 8828645 total Gross premiums written and renewed during the year Accident 17109616 health 5443459 plate glass 69191135 total 861 108567 90 917442 10 Total Aecident 18707066 health 5874154 plate glass 780197 80 total 1026010 00 121370 33 Deduct gross premiums now in course of collection Accident 1795344 health 887663 plate glass 9454026 total Entire premiums collected during the year Accident 16911722 health 4986491 plate glass 68565754 904639 67 122881 68 Deduct reinsurance return premiums and cancellations Accident 2823117 health 893007 plate glass P 1 Net cash actually received for premiums Accident 14088605 health 4093484 plate glass 59993710 781757 99 24783 75 8 79 Interest on bonds and dividends on stock 23643 42 From all other sources viz Agents balances previously till 806550 53 273904 33 4395 75 TILDisbursements Gross amount paid for losses Accident 5279744 health 886177 plate glass 21224512 total Deduct salvage and reinsurance Accident 112938 health 17142 plate glass 309495 total it Net amount paid policyholders for losses Accident 5166806 health 869035 plate glass 20915017 269508 58 1536 58 Investigation and adjustment of claims Accident Totals Accident 5320464 health 869035 plate 271045 16 11 fl 862 ComptrollerGenerals Report 14 19 20 21 22 23 24 27 28 29 30 31 32 37 38 39 40 41 42 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 6737634 health 2139354 plate glass 27060612 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 Inspections other than medical Rents All other taxes licenses and insurance department fees Legal expenses Advertising Printing and stationery Postage and express Furniture and fixtures All other disbursements viz Commercial agencies and underwriters associations Exchange on bank checks Home office supplies Premium on employees bond and safe de posit vault Agents balances charged off 2538 33 181 55 349 27 55 62 33 99 359376 00 20000 00 73178 93 11132 11 1262 25 10 00 7475 04 14898 89 1904 37 2643 51 4477 73 5169 07 979 92 Total 3158 76 46 Total disbursements 776711 74 IVLedger Assets 4 Book value of bonds excluding interest 43774275 and book value of stocks 19052495 total 628267 70 5 Cash in companys office 376892 deposited in banks 7087746 total 74646 38 11 Ledger assets 702914 08 NonLedger Assets 13 Interest due 8000 and accrued 474414 on bonds total 18 Market value not including interest in item 13 of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued sub 4824 14 3549 80 ComptrollerGeneral s Report 863 sequent to October 1 1910 Accident 1774494 health 873663 plate glass 9349825 total 119979 82 On policies or renewals issued prior to October 1 1910 Accident 20850 health 14000 plate glass 104201 total 1390 51 Total 121370 33 37 Gross assets 832658 35 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1910 1390 51 51 Admitted assets 831267 84 VLiabilities 3 Losses and claims in process of adjustment Accident 336317 health 316000 plate glass 13398355 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 80052834 unearned premiums fifty 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 1910 viz Accident 598448 health 295888 plate glass 3118652 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 31 Reinsurance 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 162413 32 20506 72 45 Surplus as regard policyholders 46 Total liabilities 20506 72 400264 17 40129 88 7474 87 478 88 468854 52 362413 32 831267 84 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 514730 health 112731 plate glass 145502 total Gross losses paid Accident 806772 health 100677 plate glass 58536 total 7729 63 9659 85864 CompteollebGeneeals Beport NATIONAL CASUALTY COMPANY OF DETROIT MICHIGAN Wm G Curtis President V S Dewey Secretary Home Office 422 Majestic Bldg Detroit Mich A M Crosby Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets December 31 of previous year 248352 52 3 Increase of paidup capital during the year 100000 00 Extended at 348352 52 IIIncome 2 Gross premiums written and renewed during the year Accident and health 4 Deduct gross premiums now in course of collection Ac cident and health 758120 38 5695 32 5 Entire premiums collected during the year Accident and health 758120 38 6 Deduct reinsurance return premiums and cancellations Accident and health 26112 48 7 Net cash actually received for premiums 19 Policy fees required or represented by applications 20 Interest on mortgage loans 327 45 21 Interest on collateral loans 99 37 22 Interest on bonds and dividends on stock 8861 78 23 Interest on deposit 189 58 24 Interest from all other sources 12 4o 26 Total interest 32 From all other sources viz Gross interest by adjust ment in book value of bonds 5000 of stocks 20000 total 732007 90 50455 00 9490 63 250 00 38 Total income 792203 53 IIIDisbursements 1 Gross amount paid for losses Accident and health 276379 69 2 Deduct salvage and reinsurance Accident and health 4048 63ComptrollerGenerals Report 865 3 Net amount paid polieyholders for losses Accident and health 4 Investigation and adjustment of claims Accident and health 14 18 19 20 21 22 24 27 28 29 30 31 32 33 37 Totals Accident and health Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health Policy fees retained by agents Stockholders for interest or dividends amount declared during the year 11600000 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 Agents balances charged off Rents All other taxes licenses and insurance department fees Legal expenses Advertising Printing and stationery Postage and express Furniture and fixtures Loss on sale or maturity of ledger assets viz Bonds All other disbursements viz General expenses 3 06064 traveling 808139 total Total disbursements 272331 06 4572 20 276903 26 261034 65 50435 97 116000 00 46076 17 22418 96 1276 05 12880 46 16566 70 2465 46 3092 20 10308 26 9655 32 1356 48 794 83 11142 03 842406 80 IVLedger Assets 2 Mortgage loans on real estate first liens 3100 00 3 Loans secured by pledge of bonds stocks or other collat erals 5950 00 4 Book value of bonds excluding interest 23237870 and book value of stocks 2375000 total 256128 70 5 Cash in companys office 204588 deposited in banks 2308893 total 25134 81 7 Other ledger assets viz Agentsbalances secured 2140 42 8 On policies or renewals issued subsequent to October 1 1910 5695 32 11 Ledger assets 298149 25 NonLedger Assets 12 Interest due 12600 and accrued 2820 on mortgages 154 20 13 Interest accrued on bonds 3960 92866 ComptrollerGenerals Eeport 14 Interest due 2400 and accrued 6500 on collateral loans 89 00 15 Interest accrued on other assets 175 00 Total interest 34 Other nonledger assets viz Furniture and supplies Deduct Assets Not Admitted 40 Furniture and fixtures supplies printed matter and stationery VLiabilities 1 Losses and claims reported proofs not received Acci dent and health 2 Total 14 Deduct reinsurance 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 1048000 unearned premiums fifty 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 1910 viz Accident and health 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 32 Advance premiums 100 per cent 33 Other liabilities viz State county and municipal taxes due or accrued 1081000 estimated expenses of in vestigation and adjustment of unpaid claims 50000 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 53013 35 4379 12 30000 00 37 Gross assets 332528 37 30000 00 51 Admitted assets 302528 37 27203 69 27203 69 822 50 26381 19 5240 00 1423 83 400 00 4760 00 11310 00 49515 02 45 Surplus as regards policyholders 253013 35 46 Total liabilities 302528 57 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident and health 6173 58 Gross losses paid Accident and health 3698 12ComptrollerGenerals Report 867 THE NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY OF NASHVILLE TENN C A Craig President C R Clements Secretary Home Office Seventh Ave and Union Sts Nashville Tenn E V Moore Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 150000 00 2 Amount of ledger assets December 31 of previous year 413609 10 Extended at 413609 10 IIIncome 1 Gross premiums unpaid December 31 last year Accident and health 1381919 26 18 Total net cash actually received for premiums 1381919 26 19 Policy fees required or represented by applications 19689 00 20 Interest on mortgage loans 15501 06 21 Interest on collateral loans 3370 07 22 Interest on bonds and dividends on stock 1369 51 23 Interest on deposit 630 46 24 Interest from all other sources 23 28 26 Total interest 27 Profit on sale or maturity of ledger assets viz Profit and loss account 229829 deposits by agents in lieu of bond 388721 total 20894 38 6185 50 38 Total income 1428688 14 TilDisbursements 1 Gross amount paid for losses Accident and health 508481 24 2 Total 508481 24 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 457656 20 19 Stockholders for interest or dividends amount declared during the year 3750000 37500 0O 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 40953 45 21 Salaries traveling and all other expenses of agents not paid by commissions 190451 81868 ComptrollerGenerals Eepoet 22 Medical examiners fees and salaries A 23 Inspections other than medical 6126 6 17576 50 24 Rents 26 Taxes on real estate and personalty 27 All other taxes licenses and insurance department fees 14961 06 1485 56 28 Legal expenses gg 29 Advertising 30 Printing and stationery iuubu 31 Postage and express o 007 7 32 Furniture and fixtures uo 37 All other disbursements viz Municipal license 2 27860 general expenses 531147 profit and loss ac count 98122 total DI 46 Total disbursements 1309810 75 IVLedger Assets 1 Book value of real estate unencumbered 3619 00 2 Mortgage loans on real estate first liens 347263 21 3 Loans secured by pledge of bonds stocks and other col 52578 40 laterals 4 Book value of bonds excluding interest 5043827 and book value of stocks 100000 total 51488 27 5 Cash in companys office 355280 deposited in banks 7216619 total 75718 6 Bills receivable 200 00 7 Other ledger assets viz Agents net balance 84612 accounts 82250 total 1668 62 11 Ledger assets 532486 49 NonLedger Assets 12 Interest due 48866 and accrued 5 68976 on mortgages 6178 42 13 Interest accrued on bonds 354 17 14 Interest accrued on collateral loans 405 90 Total interest 6938 49 34 Other nonledger assets viz Furniture and fixtures 15335 84 37 Gross assets 554760 82 Deduct Assets Not Admitted 39 Bills receivable 200 00 40 Furniture and fixtures 15335 84ComptrollerGenerals Report 869 44 Book value of ledger assets over market value viz Agents debit balance 2 02169 accounts 82250 hotel stock 50000 total 3344 29 Total 51 Admitted assets 18880 03 535880 79 VLiabilities 1 Losses and claims in process of adjustment Accident and health 1278 00 2 Losses and claims resisted Accident and health 1774 93 3 Total 3052 93 4 Death losses life department 1124 59 5 Total unpaid claims and expenses of settlement 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 3205922 unearned premiums pro rata 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 viz Accident and health 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 32 Advance premiums 100 per cent 33 Other liabilities viz 34 Special disability reserve 35 Contingent reserve 36 Life element reserve 37 Deposits by agents in lieu of bond 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 150000 00 44 Surplus over all liabilities 93835 17 45 Surplus as regards policyholders 4177 52 1602 61 10758 86 19882 53 18847 14 15142 00 25000 00 172628 33 9579 63 46 Total liabilities 292045 62 243835 17 535880 79 Business in the State of Georgia During the Tear Gross premiums received on risks written or renewed during the year Accident and health 918 17 Gross losses paid Accident and health 784 69 870 ComptrollerGenerals Report NEW YORK PLATE GLASS INSURANCE COMPANY OP NEW YORK Major A White President J Carroll French Secretary Home Office 42 Cedar Street New York Coke S Davis 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 31st of previous year 922943 69 Extended at IIIncome 922943 69 1 Gross premiums written and renewed during the year Plate glass 2 Deduct reinsurance Plate glass 38733 91 3 Deduct return premiums on policies can celled Plate glass 56054 71 4 Deduct premiums on policies not taken Plate glass 48785 46 735765 19 5 Total deductions Plate glass 143574 OS 18 Net cash actually received for premiums Plate glass 592191 11 22 Interest on bonds and dividends on stock 31105 03 23 Interest on deposit 870 86 24 Interest from all other sources 63 50 26 Total interest and rents 41139 39 27 Profit on sale or maturity of ledger assets viz Stocks 508 87 32 Prom all other sources viz Agents balances previously charged off 210 95 38 Total income 634050 32 IIIDisbursements 1 Gross amount paid for losses Plate glass 223918 60 2 Deduct salvage and reinsurance Plate glass 6203 79 3 Net amount paid policyholders for losses Plate glass 217714 81 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 221115 39 19 Stockholders for interest or dividends amount declared during the year 3200000 32000 00 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 57455 19ComptbollebGeneeals Eepobt 21 Salaries traveling and all other expenses of agents not paid by commissions 24 Eents 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 Traveling expenses 2 60413 Underwriters Association 237518 miscella neous expenses 66459 agents balances charged off 84565 total 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 14749778 and book value of stocks 67505469 total 5 Cash in companys office 368993 deposited in banks 2787656 total 7 Other ledger assets viz Gross premiums in course of collection 11 Ledger assets NonLedger Assets 13 Interest due and accrued on bonds 2291 50 19 Gross premiums in ceurse of collection viz On policies or renewals issued subsequent to October 1 1910 Plate glass 124573 92 On policies or renewals issued prior to Octo ber 1 1910 Plate glass 3405 80 33 Totals 127 979 72 37 Gross assets 984390 18 Deduct Assets Not Admitted 43 Gross premiums in course of collection writ ten prior to October 1 1910 3405 80 44 Book value of ledger assets over market value viz Bonds and stocks 53142 47 56548 27 51 Admitted assets 927 41 91 8 71 4616 98 12908 19 15011 92 92 34 849 20 3251 59 3196 78 193 39 6489 55 574895 33 822552 47 31566 49 127979 72 982098 68 872 ComptrollerGenerals Report VLiabilities 1 Losses and claims adjusted Plate glass 16381 8o 2 Losses and claims in process of adjustment Plate glass 5347 00 5 Totals 21728 85 15 Net unpaid claims except liability claims 21728 85 18 Total unpaid claims and expenses of settlement 21728 85 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 58538211 unearned pre miums 50 per cent 292691 05 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 4488679 unearned premiums pro rata 23444 58 21 Total unearned premiums 31613o 63 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1910 viz Plate glass 42104 63 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 3500 00 27 Dividends due stockholders 8000 00 42 Total amount of all liabilities except capital 391469 11 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 336372 80 45 Surplus as regards policyholders u36372 80 46 Total liabilities 927841 91 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Plate glass 1749 12 Gross losses paid Plate glass 541 15 NATIONAL SURETY COMPANY OF NEW YORK N Y William P Joyce President David W Armstrong Jr Secretary Home Office 115 Broadway New York City m A Wright Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 1500000 00ComptrollerGenerals Report 2 Amount of ledger assets December 31 of previous year 4025555 68 3 Increase of paidup capital during the year 750000 00 873 Extended at 4775555 68 IIIncome 1 Gross premiums written and renewed during the year Fidelity 137911427 surety 195031938 burglary and theft 49012655 total 2 Deduct reinsurance return premiums and cancellations Fidelity 28167367 surety 48928103 burglary and theft 15079429 total 3 Net premiums Fidelity 109744060 surety 1461 03835 burglary and theft 33933226 total 20 Gross interest on mortgage loans 372 17 22 Gross interest on bonds and dividends on stocks less 175945 accrued interest on bonds acquired during 1910 108242 16 23 Interest on deposits in trust companies and banks 10042 66 24 Interest from all other sources miscel laneous 2191 57 25 Gross rents from companys property 6996 56 3819560 20 921748 99 26 Total interest and rents 27 Gross profit on sale or maturity of ledger assets viz Real estate 64810 stocks 3750 total 31 Agency balances charged off 32 From all other sources viz Cash re ceived from sale of 5000 share of capi tal stock at 15000 per share excess over par value 250000 00 36 Miscellaneous investigations etc 1083 01 127845 12 685 60 27 05 37 Total 251083 01 38 Total income IIIDisbursements 1 Gross amount paid for losses Fidelity 40121337 sur ety 47831523 burglary and theft 12982922 total 1009357 82 2 Deduct salvage and reinsurance Fidelity 15723920 surety 18077275 burglary and theft 1914834 total 357160 29874 ComptrollebGenebals Repobt 3 Net amount paid polieyholders for losses Fidelity 243 97417 surety 29754248 burglary and tiheft 110 68088 total 652197 53 4 Investigation and adjustment of claims Fidelity 50 48209 surety 3750136 burglary and theft 4 86675 total 92850 20 5 Totals Fidelity 29445626 surety 33504384 burg lary and theft 11554763 total 745047 73 3 4 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Surety 27354342 fidelity 22793545 burglary and theft 10363979 total 605118 66 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 321144 34 21 Salaries traveling and all other expenses of agents not paid by commissions 117839 90 23 Inspections other than medical and claim 7916 75 24 Bents 35176 16 25 Repairs and expenses other than taxes on real estate 4884 41 26 Taxes on real estate 2002 10 State taxes on premiums 44201 93 27 All other taxes licenses and insurance department fees 21404 20 28 Legal expenses 4247 08 29 Advertising 23071 45 30 Printing and stationery 31849 63 31 Postage express telephone and telegraph 39287 76 32 Furniture and fixtures 8136 17 33 Gross loss on sale or maturity of ledger assets viz Real estate 375869 bonds 6530 total 3823 99 37 All other disbursements viz 38 Stockholders for interest or dividends amount declared during the year 34000000 339994 00 40 Exchange 1009 49 41 Profit and loss miscellaneous 206 64 42 Incidentals 30679 49 43 Traveling expenses 1287307 develop ment 2182466 total 34697 73 44 Total 66593 35 44 Agents balances charged off 5 00 46 Total disbursements 2433279 85 IVLedger Assets 1 Book value of real estate unencumbered 15364308 encumbered 1100000 total 164643 08 2 Mortgage loans on real estate first liens 14000 00ComptrollerGeneral s Report 875 4 Book value of bonds excluding interest 210130297 and book value of stocks 86790888 total 2969211 85 5 Cash in companys office branch offices an d in course of transmission 3975438 deposited in banks 1460 50347 total 1500257 85 5 Cash in city chamberlains office 1500000 in sus pended banks 5139073 total 66320 73 7 Other ledger assets viz 8 Due from Excise Eeinsurance Commit 38846 76 9 Eeinsurance due on paid claims 44113 74 10 Advance on contracts 1684111 accounts receivable 1348966 B B inspections 3433420 total 64664 97 147625 47 Total 11 Ledger assets 5619727 82 NonLedger Assets 12 Interest accrued on mortgages 141 71 13 Interest accrued on bonds 21612 77 15 Interest accrued from banks 2484 07 24238 55 2250 00 Total interest 17 Market value of real estate over book value 19 Gross premiums in course of collection viz On policies or renewals issued prior to October 1 1910 Fidelity 12796473 surety 27467586 burg lary and theft 8617043 total 488811 02 On policies or renewals issued prior to October 1 1910 Fidelity 5116039 surety 19435898 burglary and theft 364604 total 249165 41 Total 737976 43 37 Gross assets 5646216 37 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1910 249165 41 44 Book value of ledger assets over market value viz Accounts receivableI 501 70 46 Bonds and stocks 82121 96 46 Cash in suspended banks 25000 00876 CompteolleeGeneeals Repoet 47 Cash in branch offices 48 Sundry items 1086 13 19692 41 50 Total VLiabilities 1 Losses and claims reported and in process of adjustment Fidelity 26416332 surety 21441512 burglary and theft 2278858 total 2 Losses and claims resisted Fidelity 39583712 surety 43088283 burglary and theft 1598617 total 377567 61 501367 02 578542 80 3 Total 1079909 82 4 Deduct reinsurance 297890 70 5 Net unpaid claims except liability claims 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 253202959 un earned premiums fifty per cent 20 Gross premiums less reinsurance upon all mi expired risks running more than one year from date of policy 45612316 unearned premiums pro rata 1305266 67 267750 79 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 subsequent to October 1 1910 viz Surety 5493517 fidelity 2559295 burglary and theft 1723408 total at 20 per cent 25 State county and municipal taxes due or accrued 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 27 Dividends declared and unpaid to stockholders 30 Eeturn premiums 31 Reinsurance 32 Advance premiums 100 per cent 33 Other liabilities viz 34 Premiums unadjusted 20375 77 35 Bond and mortgage 8500 00 36 Munich Reinsurance Company real estate 1193 23 37 Empire State Surety Co real estate 6250 00 38 Metropolitan Surety Co 749 09 39 J S Farrell Co 3130 77 40 Draft drawn on company in transit 8504 31 41 Total 782019 12 1573017 46 97762 20 40000 00 4144 06 15018 00 6682 56 34253 02 3235 00 48703 17 42 Total amount of all liabilities except capital 2604834 59ComptrollerGenerals Report 43 Capital actually paid up in cash 1500000 00 44 Surplus over all liabilities 1163814 17 877 45 Surplus as regards policyholders 2663814 17 46 Total liabilities 5268648 76 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Fidelity 1543521 surety 1154816 burg lary and theft 180092 total 28784 29 Gross losses paid Fidelity 636105 surety 390600 burg lary and theft 13300 total 10400 05 NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF CHICAGO ILLINOIS E C Walker President A E Forrest Secretary Home Office 217 La Salle Street Chicago Illinois Shepard Bryan Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance December 31 of previous year 682658 67 Extended at 682658 67 IIIncome 1 Gross premiums written and renewed during the year Accident 1089183 38 2 Deduct reinsurance Accident 4875 64 3 Deduct return premiums on policies can celled Accident 5294 28 4 Deduct premiums on policies not taken Accident 59528 53 5 Total deductions Accident 69698 45 6 Net premiums Accident 1019484 93 20 Policy fees required or represented by applications 103415 00 22 Gross interest on mortgage loans less 542 accrued interest on mortgages acquired during 1910 6205 22 23 Gross interest on collateral loans 2850 59878 ComptrollerGenerals Report 24 Gross interest on bonds and dividends on stocks less 60128 accrued interest on bonds acquired during 1910 26 Gross interest from all other sources viz Advances to agents 30 Total gross interest and rents 1244 18 27 64 28926 35 39 Total income 1151826 28 IIIDisbursements 1 Gross amount paid for losses Accident 2 Deduct reinsurance Accident 341683 30 385 31 5 17 22 23 28 29 30 32 35 36 37 42 43 44 45 46 47 48 53 Net amount paid polieykolders for losses Accident Investigation and adjustment of claims viz Accident Policy fees waived or retained by agents Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 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 Rents State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes viz Municipal licenses and taxes Legal expenses Advertising Printing and stationery Postage telegraph telephone and express furniture and fixtures Stockholders for interest or dividends amount declared during the year 4000000 Other disbursements viz Traveling expense 1043794 bank exchange 77347 incidental expense 692229 hospital fees 469545 total Agents balances charged off 341297 99 5427 15 103415 00 399236 90 88612 41 15424 92 3346 88 12875 99 14757 32 14393 92 1380 02 940 11 1744 38 22005 25 15197 59 2566 91 40000 00 22829 15 4531 56 56 Total disbursements 1109983 45 IVLedger Assets 2 Mortgage loans on real estate first liens 143700 00 3 Loans secured by pledge of bonds stocks or other col laterals 47400 00ComptrollerGenerals Report 879 Book value of bonds Cash in companys office Deposits in trust companies and banks not on interest Deposits in trust companies and banks on interest Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 27339 96 On policies or renewals issued prior to Octo ber 1 1910 Accident 626 88 24 25 26 Totals Bills receivable Other ledger assets viz Cash in branch offices for cur rent use 31 Interest due 4500 and accrued 202189 on mortgages t 32 Interest due 200000 and accrued 4 37331 on bonds 2066 89 6373 31 Total 40 Other nonledger assets viz Furniture and fixtures 43 Gross assets 453370 00 1037 87 9629 25 34744 54 27966 84 5755 90 897 10 30 Ledger assets 724501 50 NonLedger Assets 8701 83 10930 78 744134 11 Deduct Assets Not Admitted 45 Bills receivable 46 Furniture and fixtures 49 Premiums in course of collection written prior to October 1 1910 50 Book value of ledger assets over market value viz Bonds 55 Admitted assets I 5755 90 10930 78 626 88 5369 30 22682 86 721451 25 VLiabilities 2 Losses and claims reported or in process of adjustment Accident i 3 Losses and claims resisted Accident 41747 73 8310 00 4 Total losses and claims Accident 50057 73880 ComptrollerGenerals Report 6 Net unpaid claims except liability claims Accident 50057 73 7 Estimated expenses of investigation and adjustment of un paid claims Accident 500 00 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 21268868 un earned premiums fifty per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 450000 un earned premiums pro rata 106344 34 4335 00 23 Total unearned premiums 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1910 viz Accident 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 36 Advance premiums one hundred per cent 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 200000 00 48 Surplus over all liabilities 309061 57 49 Surplus as regards policyholders 50 Total liabilities 50557 73 110679 34 8201 98 1343 03 15000 00 26607 60 212389 68 509061 57 721451 25 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident Gross losses paid Accident Gross losses incurred Accident 16393 27 7407 74 10760 23 THE OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED OF LONDON ENGLAND American Head Office 59 John Street New York City New York Oscar Ising General Manager for the United States Wm R Mearns Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of deposit capital 250000 00ComptrollerGenerals Report 881 2 Amount of ledger assets as per balance December 31 of previous year 3950011 Extended at 3950011 08 IIIncome 1 Gross premiums written and renewed during the year Accident 38844852 health 9245639 liability 2 38393014 fidelity 1993627 plate glass 5039003 steam boiler 10079392 burglary and theft 265 40177 credit 58578524 auto property damage 18338336 workmens collective 4398954 total 2 Deduct reinsurance Accident 3309408 health 17147 liability 228973 fidelity 28833 steam boiler 708582 burglary and theft 4069907 total 83628 50 3 Deduct return premiums on policies can celled Accident 2105860 health 394068 liability 18061654 fidelity 106039 plate glass 395167 steam boiler 1092091 burglary and theft 1401079 credit 434510 auto prop erty damage 2454793 workmens col lective 162201 total 266074 62 4 Deduct premiums on policies not taken Accident 5333448 health 1799681 liability 29073974 fidelity 39807 plate glass 580907 steam boiler 16 29486 burglary and theft 3233975 credit 387500 auto property damage 2818491 workmens collective 3 09820 total 452070 89 5 Total deductions Accident 10748716 health 22 10896 liability 47364601 fidelity 174679 plate glass 976074 steam boiler 3430159 burglary and theft 8704961 credit 822010 auto property dam age 5273284 workmens collective 472021 total 4114515 18 801774 01 22 24 Net premiums Accident 28096136 health 7034743 liability 191028413 fidelity 1818948 plate glass 4062929 steam boiller 6649233 burglary and theft 17835216 credit 57756514 auto property damage 13065052 workmens collective 3926933 total 3312741 17 Gross interest on mortgage loans 9000 00 Gross interest on bonds and dividends on stocks less 528792 accrued interest on bonds acquired during 1910 128518 28882 ComptrollerGenerals Report 25 Gross interest on deposits in trust com panies and banks 3409 64 28 Gross interest on notes received for pre miums 1352 96 30 Total gross interest and rents 142280 88 39 Total income 3455022 05 IIIDisbursements 1 Gross amount paid for losses Accident 16833752 health 2664058 liability 69996588 fidelity 35671 plate glass 1391497 steam boiler 522810 burglary and theft 5960946 credit 26371086 auto property damage 5508141 workmens collective 21 88114 total 1314726 63 2 Deduct reinsurance Accident 3159946 health 6784 liability 7500 steam boiler 270231 burglary and theft 2352427 total 57968 88 3 Deduct salvage Fidelity 22400 bur glary and theft 13465 credit 82 72729 total 83085 94 4 Total deduction Accident 3159946 health 6784 liability 7500 fidelity 22400 steam boiler 2 70231 burglary and theft 2365892 credit 82 72729 total 141054 82 5 Net amount paid policyholders for losses Accident 13673806 health 2657274 liability 69989088 fidelity 13271 plate glass 1391497 steam boiler 252579 burglary and theft 3595054 credit 180 98357 auto property damage 5508141 workmens collective 2188114 total 1173671 81 17 Investigation and adjustment of claims viz Accident 1729174 health 376270 liability 20584858 fidelity 45487 plate glass 195013 steam boiler 334761 burglary and theft 1049119 credit 16 56170 auto property damage 839087 workmens collective 186965 total 269969 04 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 10221150 health 2379254 liability 42148893 fidelity 427655 plate glass 1434732 steam boiler 1754924 burglary and theft 5173699 credit 11200651 auto property damage 3065473 workmens collective 805543 total 786119 74ComptrollerGenerals Report 883 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 169340 90 29 Salaries traveling and all other expenses of agents not paid by commissions 67477 60 31 Inspections other than medical and claim 45963 76 32 Rents 23912 38 35 State taxes on premiums 51778 74 36 Insurance department licenses and fees 3887 33 37 All other licenses fees and taxes viz Agents licenses 271468 city and county taxes on premiums 256822 publication fees 62300 total 5905 90 42 Legal expenses 599 32 43 Advertising 9466 20 44 Printing and stationery 19343 47 45 Postage telegraph telephone and express 10081 42 46 Furniture and fixtures 20786 82 48 Other disbursements viz Surety bonds 5321 publica tion subscriptions 31732 auditors fees 250000 discount and exchange 82361 home office reinsurance fund 2256568 general expenses 716378 interest on investments and dividends to home office 169 32445 total 202748 05 53 Agents balances charged off 8594 15 56 Total disbursements 2869646 63 IVLedger Assets 2 Mortgage loans on real estate first liens 150000 00 4 Book value of bonds 3824299 64 6 Deposits in trust companies and banks not on interest 14418 59 7 Deposits in trust companies and banks on interest 105917 99 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 3725384 health 1371466 liability 27449903 fidelity 86715 plate glass 746454 steam boiler 1205789 burglary and theft 2557679 automobile property damage 1703566 workmens collec tive 311106 total 391580 62 On policies or renewals issued prior to Octo ber 1 1910 Accident 148956 health 38381 liability 3409273 fidelity 26982 plate glass 22218 steam boiler 35465 burglary and theft 63592 automobile property damage 50890 workmens collective 15885 total 38116 42 24 Total 429697 04884 ComptrollerGenerals Beport 25 Bills receivable 26 Other ledger assets viz Premium notes 3278 24 7775 00 30 Ledger assets 4535336 50 NonLedger Assets 31 Interest on mortgages 32 Interest on bonds 1500 00 44976 20 Total 43 Gross assets 46476 20 Deduct Assets Not Admitted 4581862 70 45 Bills receivable 3278 24 49 Premiums in course of collection written prior to October 1 1910 38116 42 50 Book value of ledger assets over market value 125134 64 166529 30 55 Admitted assets 4415333 40 VLiabilities 1 Losses and claims adjusted Credit on policies expiring prior to Oct 1910 2 Losses and claims reported or in process of adjustment 4821500 health 4 22500 fidelity 82000 plate glass 1 66000 steam boiler 277000 burglary and theft 2216400 credit 280000 auto property damage 1654500 workmens collective 363400 total 3 Losses and claims resisted Accident 7 45000 burglary and theft 60000 auto property damage 42500 total 10395 00 102833 00 8475 00 4 Total losses and claims Accident 5566500 healtih 422500 fidelity 82000 plate glass 166000 steam boiler 277000 burglary and theft 2276400 credit 1319500 auto property damage 1697000 workmens collective 363400 total 5 Deduct reinsurance Accident 551000 burglary and theft 729400 total 121703 00 12804 00CompteollebGeneeals Repoet 885 6 Net unpaid claims except liability claims Accident 5015500 health 422500 fidelity 82000 plate glass 166000 steam boiler 277000 burglary and theft 1547000 credit 1319500 auto property damage 1697000 workmens collective 363400 total 10889900 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 700000 plate glass 10000 steam boiler 10000 burglary and theft 2 50000 auto property damage 250000 workmens collective 20000 total 12400 00 8 Total losses and claims Accident 5715500 health 422500 fidelity 82000 plate glass 176000 steam boiler 287000 burglary and theft 1797000 credit 1319500 auto property damage 1947000 work mens collective 383400 total 121299 00 17 Special reserve for unpaid liability losses 932301 09 18 Special reserve for credit losses on policies expiring in October November and December 1910 being fifty per cent of 19197792 gross premiums received on said policies less 2602416 paid during said months on losses under said policies 69964 80 18a Additional reserve for credit losses expiring December 31st 1910 5500000 19 Special reserve for accrued losses on credit policies in force December 31st 1910 being 50 per cent of 254 87362 earned premiums on said policies 174702 70 20 Total unpaid claims and expenses of settlement 1306001 70 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 2066 64751 unearned premiums fifty per cent 1016285 38 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 534 60986 unearned premiums pro rata 309986 46 23 Total unearned premiums 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1910 viz Accident 1348216 health 490985 liability 6028056 fidelity 20395 plate glass 275889 steam boiler 325563 burglary and theft 745308 auto property damage 413285 workmens collective 62719 total 29 Salaries rents expenses bills accounts fees etc due or accrued 1326271 84 97104 16 4000 00886 ComptrollerGenerals Report 30 State county and municipal taxes due or accrued 53000 00 36 Advance premiums one hundred per cent 3210 00 38 Additional voluntary reserve for contingencies 250000 00 39 Special voluntary contingency fund 100000 00 46 Total amount of all liabilities except capital 3139587 70 49 Surplus as regards policyholders 1275745 70 50 Total liabilities 4415333 40 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 381579 health 92917 liability 15 39367 fidelity 243677 plate glass 15957 steam boiler 67970 burglary and theft 257843 credit 1467500 automobile property damage 178202 workmens collective 798551 total 50435 63 Gross losses paid Accident 603303 health 54409 liability 933429 fidelity 35563 plate glass 2911 steam boiler 1250 buTglary and theft 9201 credit 1519139 automobile property damage 114914 workmens collective 464426 total 37385 45 Gross losses incurred Accident 487443 health 69409 liability 744929 fidelity 21163 plate glass 2911 steam boiler 1250 burglary and theft 8201 credit 1489139 automobile property damage 114914 workmens collective 415826 total 33551 85 PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA Geo I Cochran President c I D Moore Secretary Home Office Corner Sixth and South Olive Sts Los Angeles Cal 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 585517 49 Extended at 585517 49 IIIncome 1 Gross premiums written and renewed during the year Acci dent 154409348 health 22414506 total 1768238 54ComptbolleeGeneeals Eepoet 887 2 Deduct reinsurance Accident 1903597 health 815827 total 3 Deduct return premiums on policies can celled Accident 1611214 health 4 64670 total 4 Deduct premiums on policies not taken Accident 32536101 health 52 62969 total 27194 24 20758 84 377990 70 5 Total deductions Accident 36050912 health 65 43466 total 425943 78 6 Net premiums Accident 118358436 health 158 71040 total 20 Policy fees required or represented by applications 22 Gross interest on mortgage loans 1524 45 24 Gross interest on bonds and dividends on stocks less 3750 accrued interest on bonds acquired during 1910 25 Gross interest on deposits in trust com panies and banks 225 33 62910 00 13712 50 30 Total gross interest and rents 36 From agents balances previously charged off 15462 28 1710 25 39 Total income 1422377 29 IIIDisbursements 1 Gross amount paid for losses Accident 43760825 health 10465255 total 542260 80 2 Deduct reinsurance Accident 1273403 health 1 34583 total 14079 86 5 Net amount paid policyholders for losses Accident 42487422 health 10330672 total 17 Investigation and adjustment of claims viz Accident 427670 health 106917 total 22 Policy fees retained by agents 23 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes viz Accident 35971417 health 5477751 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 31 Inspections other than medical and claim 528180 94 5345 87 62910 00 414491 68 80991 09 19860 87 14489 67 1081 18888 ComptrollerGeneral s Report 32 Rents including 600000 for companys occupancy of its own buildings 13698 97 35 State taxes on premiums 16088 06 36 Insurance department licenses and fees 3055 38 37 All other licenses fees and taxes viz Franchise tax Federal income tax taxes personal property city and municipal licenses 3543 05 42 Legal expenses 2063 79 43 Advertising 5577 22 44 Printing and stationery 16259 73 45 Postage telegraph telephone and express 11084 78 46 Furniture and fixtures 2310 38 47 Stockholders for interest or dividends amount declared during the year 8000000 80000 00 48 Other disbursements viz Dividends to policyholders 14326 general expenses 517735 interest paid Munich ReInsurance Company on reserve 15791 total 5478 52 53 Agents balances charged off 6053 13 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 380 00 56 Total disbursements 1292944 31 IVLedger Assets 2 Mortgage loans on real estate first liens 66000 00 4 Book value of bonds 273414 40 5 Cash in companys office 1583268 in transit 27 45269 total 43285 37 6 Deposits in trust companies and banks not on interest 9394 42 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 27625930 health 4364548 total 319904 78 On policies or renewals issued prior to October 1 1910 Accident 138040 health 157110 total 2951 50 24 Total 322856 28 30 Ledger assets 714950 47 NonLedger Assets 31 Interest on mortgages 665 33 32 Interest on bonds 5016 66 Total 5681 99ComptrollerGenerals Report 889 39 40 Market value not including interest in item 32 of bonds and stocks over book value 4349 60 Other nonledger assets viz Reinsurance due on ac count of claims 1807 03 Gross assets 727289 09 Deduct Assets Kot Admitted 49 Premiums in course of collection written prior to October 1 1910 Admitted assets life department 20047657 71 55 Total admitted assets VLiabilities 2951 50 20771995 30 2 Losses and claims reported or in process of adjustment Accident 3521300 health 497000 total Losses and claims resisted Accident 40183 00 23052 00 Total Accident 5826500 health 497000 total Deduct reinsurance Accident 20 21 23 24 29 Net unpaid claims except liability claims Accident 5426500 health 497000 total Estimated expenses of investigation and adjustment of unpaid claims Accident 140000 health40000 total Total unpaid claims and expenses of settlement Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 99821348 unearned premiums fifty per cent 499106 74 Total unearned premiums Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 8968388 health 1416732 total Salaries rents expenses bills accounts fees etc due or accrued 63235 00 4000 00 59235 00 1800 00 61035 00 499106 74 103851 20 471 96890 ComptrollerGenerals Keport 30 State county and municipal taxes due or accrued 36 Advance premiums one hundred per cent 19500 00 8697 53 44 Total amount liabilities accident dept 692662 43 45 Total liabilities life dept 18354345 78 46 Total amount of all liabilities except capital 19047008 21 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 724987 09 49 Surplus as regards policyholders 1724987 09 50 Total liabilities 20771995 30 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 2426687 health 1080318 total 35070 05 Gross losses paid Accident 833428 health 636093 total 14695 21 Gross losses incurred Accident 847428 health 667593 total 15150 21 lLXINSULAR CASUALTY COMPANY OF JACKSONVILLE FLORIDA D V Fletcher President p D Cassidey Secretary Home Office Bisber Building Jacksonville Florida Win A Wright Atlanta Attorney for Service in Georgia 1Capital Stock 1 Amount of capital paid up in cash 125000 00 Extended at 125000 00 IIIncome 2 Gross premiums written and renewed during the year Accident and health 1061287 plate glass 75647 burglary and theft 39063 workmens collective 1305420 indemnity sick benefit 20762329 total 232437 46 3 Total Accident and health 1061287 plate glass 75647 burglary and theft 39063 workmens col lective 1305420 indemnity sick benefit 20762329 total 232437 46 4 Deduct gross premiums now in course of collection Acci dent and health 182075 plate glass 32191 burComptrollerGenerals Report 891 glary and theft 11500 workmens collective 2 55645 indemnity sick benefit 437060 total 5 Entire premiums collected during the year Accident and health 878612 plate glass 43456 burglary and theft 27563 workmens collective 1049775 indemnity sick benefit 20325269 total 6 Deduct reinsurance return premiums and cancellations Accident and health 355101 plate glass 4701 bur glary and theft 1500 workmens collective 10055 indemnity sick benefit 26092 total 7 Net cash actually received for premiums Accident and health 523511 plate glass 38755 burglary and theft 26063 workmens collective 1039720 indem nity sick benefit 20299177 total 20 Interest on mortgage loans 535 17 21 Interest on collateral loans 82 29 22 Interest on bonds and dividends on stock 1215 00 23 Interest on deposit 48 00 25 Gross rents from companys property 152 62 26 Total interest and rents 32 From all other sources viz Paid in by stockholders 9190 71 223246 75 3974 49 219272 26 2033 08 42763 27 38 Total income 389068 61 TilDisbursements 1 Gross amount paid for losses Accident 43559 health 25279 plate glass 19050 burglary and theft 110 workmens collective 533041 indemnity sick benefit 8140135 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 166775 plate glass 13202 burglary and theft 7184 workingmens 266790 total 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 Eents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 87629 74 4539 51 7515 00 7716 74 94397 35 33 00 3 00 3707 10 1844 26 1021 60 1519 80 6399 25 1513 15892 CompteolleeGeneeals Eepoet 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Stocks 37 All other disbursements viz Industrial debits pur chased 188239 213368 215000 expense general 418609 total 46 Total disbursements 5188 94 4638 63 10352 16 23S019 23 IVLedger Assets 1 Book value of real estate 4984 25 2 Mortgage loans first liens 22313 92 3 Loans secured by pledge of bonds stocks or other col laterals 2500 00 4 Book value of bonds excluding interest 8571000 and book value of stocks 642850 total 92138 50 5 Gash in companys office 251129 deposited in banks 2175018 total 24261 45 7 Other ledger assets viz Due from agents 4851 26 11 Ledger assets 151049 38 NonLedger Assets 12 Interest on mortgages 13 Interest on bonds 14 Interest on collateral loans 15 Interest on other assets 442 00 1296 25 45 56 217 50 Total 17 Market value of real estate over book value 18 Market value not including interest in item 13 of bonds and stocks oyer book value 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Accident and health 182675 plate glass 32191 burglary and theft 11500 workmens collective 2 55645 industrial sick benefit 437060 total 34 Other nonledger assets viz Furniture and fixtures 518894 stationery and supplies 639925 total 2001 31 1665 75 101 50 9190 71 11588 19 37 Gross assets 175596 84 Deduct Assets Not Admitted 40 Furniture and fixtures 41 Supplies printed matter and stationery 518894 6399 25 Total 11588 19ComptrollebGenebals Repobt 893 VLiabilities 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1070340 un earned premiums 50 per cent 5351 70 21 Total unearned premiums 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subsequent to October 1 1910 viz Accident 73070 plate glass 12876 burglary and theft 4600 work men s collective 76694 total 33 Other liabilities viz Reserve on industrial sick benefit policies 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 125000 00 44 Surplus over all liabilities 22110 99 45 Surplus as regards polieyholders 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident and health 27575 workmens collective 243262 total Gross losses paid Workmens collective 5351 70 1672 40 9873 56 16897 66 147110 99 164008 65 2708 37 1196 44 THE PENNSYLVANIA CASUALTY COMPANY OF PENNSYLVANIA Thomas E Jones President George P Coar Secretary Home Office Corner of Linden St and Jefferson Ave Scranton Penn Boyd Perry 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 661532 63 Extended at 661532 63894 ComptrollerGenerals Report ITIncome 1 Gross premiums written and renewed during the year Accident 18284980 health 9794498 liability 43102429 plate glass 13553933 steam boiler 14 72459 auto property damage 374354 workmens collective 652901 total 872355 54 2 Deduct reinsurance Accident 421037 health 155810 liability 254062 total 8336 84 3 Deduct return premiums on policies can celled Accident 425525 health 2 16783 liability 2434981 plate glass 1346273 steam boiler 55318 auto property damage 1945 workmens col lective 34562 total 45153 87 4 Deduct premiums on policies not taken Accident 2445458 health 1334191 liability 83 31732 plate glass 1663080 steam boiler 323710 auto property damage 53872 workmens collective 91375 total 142434 18 5 Total deductions Accident 3292020 health 17 06784 liability 11020775 plate glass 3009353 steam boiler 381803 auto property damage 55817 workmens collective 125937 total i Net premiums Accident 14992960 health 8087714 liability 32081654 plate glass 10544580 steam boiler 1090656 auto property damage 318537 workmens collective 526964 total 20 Policy fees required or represented by applications 21 Inspections 22 Gross interest on mortgage loans 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 49167 accrued interest on bonds acquired during 1910 25 Gross interest on deposits in trust com panies and banks 26 Gross interest from all other sources viz Notes receivable 29 Cross rents from companys property in cluding 289342 for companys occu pancy of its own buildings 30 Total gross interest and rents 183 47 632 30 15481 42 344 11 52 80 2893 42 195924 89 676430 65 9584 00 203 34 19587 52CompteollebGeneeal s Eepobt 895 37 Gross profit on sale or maturity of ledger assets viz Bonds 10000 stocks 95325 total 1053 25 39 Total income 706858 76 IIIDisbursements 1 Gross amount paid for losses Accident 5414277 health 3074228 liability 12432304 plate glass 5243364 steam boiler 18525 auto property dam age 54895 workmens collective 123634 total 2 Deduct reinsurance Accident 115106 health 121786 total 2368 92 3 Deduct salvage Plate glass 680 00 4 Total deduction Accident 115106 health 121786 Plate glass 68000 total 5 Net amount paid policyholders for losses Accident 5299171 health 2952442 liability 12432304 plate glass 5175364 steam boiler 18525 auto property damage 54895 workmens collective 1 23634 total 17 Investigation and adjustment of claims viz Accident 381981 health 65606 liability 4651367 plate glass 7220 workmens collective 20000 total 22 Policy fees retained by agents 23 Commission or brokerage less amount received on return premiums and reinsurance for the following classes Accident 4791085 health 2504412 liability 83 84476 plate glass 3710738 steam boiler 266836 auto property damage 92331 workmens collective 127906 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 31 Inspections other than medical and claim 32 Bents including 289342 for companys occupancy of its own buildings 33 Eepairs and expenses other than taxes on real estate 34 Taxes on real estate 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Tax on capital stock 42 Legal expenses 43 Advertising 44 Printing and stationery 263612 27 3048 92 260563 35 51261 74 9584 00 198777 84 47159 64 26701 07 1005 31 11597 39 7148 40 2325 16 770 58 10316 16 4710 77 1200 00 1613 54 3895 05 7076 08896 ComptrollerGenerals Report 45 Postage telegraph telephone and express 46 Furniture and fixtures 47 Stockholders for interest or dividends amount declared during the year 800000 48 Other disbursements viz Adjustment of interest 11052 general expense 319121 dividends to policy holders 28081 total 53 Agents balances charged off 54 Gross loss on sale or maturity of ledger assets viz Bonds 5280 64 1221 43 8000 00 3582 54 2038 49 607 50 56 Total disbursements 666436 74 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 36596170 and stocks 1218700 total 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 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 1262516 health 886688 liability 9872050 plate glass 1469439 steam boiler 1 90975 automobile property damage 6407 workmens collective 351068 total 140391 43 On policies or renewals issued prior to October 1 1910 Accident 148807 health 65783 liability 429202 plate glass 214856 steam boiler 31120 workmens collective 1 26209 total 10159 77 24 Totals 25 Bills receivable 26 Other ledger assets viz Agents accounts 77143 89 5005 00 15238 20 378148 70 1206 55 30481 87 21448 84 150551 20 736 50 21993 90 30 Ledger assets 701954 65 NonLedger Assets 31 Interest on mortgages 32 Interest on bonds 60 00 2804 03CompteolleeGeneeals Eepoet 897 iil 33 Interest on collateral loans 34 Interest on other assets viz Bonds 141 67 201 53 Total 3207 23 38 Market value of real estate over book value 7664 56 39 Market value not including interest in item 31 of bonds and stocks over book value 500 50 43 Gross assets 713326 94 Deduct Assets Not Admitted 45 Bills receivable 736 50 49 Premiums in course of collection written prior to October 1 1910 10159 77 50 Book value of ledger assets over market value viz Bonds 2928000 agents accounts 2199390 total 51273 90 Total 55 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident 982000 health 324200 plate glass 3 79600 workmens collective 31600 total 5 Deduct reinsurance Accident 2500 health 35000 total 6 Net unpaid claims except liability claims Accident 979500 health 289200 plate glass 379600 workmen s collective 31600 total 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 70000 health 30000 total 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 43839329 unearned premiums 50 per cent 219196 65 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 3840400 unearned premiums pro rata 14853 92 62170 17 651156 77 17174 00 375 00 16799 00 1000 00 8 Total Accident 1049500 health 319200 plate glass 379600 workmens collective 31600 total 17799 00 17 Special reserve for unpaid liability losses 74042 88 91841 88 23 Total unearned premiums 234050 57898 ComptrollebGenebals Repoet 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 474972 health 283336 plate glass 393772 steam boiler 53338 auto property damage 2958 workmens col lective 146082 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 37 Other liabilities viz Reserve for premium dividends 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 200000 00 48 Surplus over all liabilities 74466 70 49 Surplus as regards policyholders 50 Total liabilities 40636 56 1000 00 7000 00 2161 06 376690 07 274466 70 651156 77 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 406660 health 265406 liability 6 43823 plate glass 404280 automobile property damage 6395 total 17265 64 Gross losses paid Accident 69801 health 99425 liabil ity 529695 plate glass 240315 automobile prop erty damage 31500 total 9707 36 Gross losses incurred Accident 69801 health 99425 liability 529695 plate glass 240315 automobile property damage 31500 total 9707 36 PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK Kimball C Atwood President Wilfred C Potter Secretary Home Office 290 Broadway New York N Y Roby 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 31st of previous year 2103728 40 Extended at 2103728 40ComptrollerGenerals Report 899 IIIncome Gross premiums written and renewed dur ing the year Accident 129451669 health 32249988 total 1617016 57 22 23 24 Total Accident 129451669 health 32249988 total Entire premiums collected during the year Accident 129451669 health 32249988 total Deduct reinsurance return premiums and cancellations Accident 16464184 health 5914434 total Net cash actually received for premiums Accident 112987485 health 26335554 total Interest on bonds and dividends on stock 60463 34 Interest on deposit 6923 10 Interest from all other sources viz Agency account W A Ogden 240 00 1617016 57 1617016 57 223786 18 26 Total interest and rents 67626 44 38 Total income 1460856 83 IIIDisbursements Gross amount paid for losses Accident 45988710 health 8705113 total 546938 23 Deduct salvage and reinsurance Accident 18990 51 3 Net amount paid policyholders for losses Accident 44089659 health 8705113 total 527947 72 4 Investigation and adjustment of claims Accident 11 81476 health 295368 total 14768 44 5 Totals Accident 45271135 health 9000481 total 542716 16 14 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 35260259 health 7419998 total 426802 57 19 Stockholders for interest or dividends amount declared during the year 8400000 84000 00 20 Salaries fees and all other compensation of officers di rectors trustees and liome office employees 124266 86 21 Salaries traveling and all other expenses of agents not paid by commissions 31207 93 22 Medical examiners fees and salaries 13912 47 23 Inspections other than medical 932 40 24 Rents 16509 28900 ComptrollerGenerals Report 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express and telegraph and telephone 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Bonds 37 All other disbursements viz Bank exchange 100448 bureau of publicity 37000 repairs laundry spring water examining securities ice notary 75470 di rectory porters wedding present Int Assn inspection of election all other petty expenses 47797 total 28990 30 5455 29 6084 21 7853 27 7618 17 827 78 288 61 2607 15 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 156590683 and book value of stocks 21509436 total 1781001 19 5 Cash in companys office 98341 deposited in banks 24206007 total 243043 48 6 Bills receivable 516 96 7 Other ledger assets viz Premiums in course of collec tion 22973226 advance to agents 1021889 total 239951 15 11 Ledger assets 2264512 78 NonLedger Assets 13 Interest on bonds 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1910 Acci dent 15517475 health 3879368 total On policies or renewals issued prior to October 1 1910 Accident 2861107 health 715276 total 14857 65 193968 43 35763 83 Total 229732 26 37 Gross assets 2279370 43 Deduct Assets Not Admitted 39 Bills receivable 516 96 43 Gross premiums in course of collection written prior to October 1 1910 35763 83ComptrollerGenerals Report 901 44 Book value of ledger assets over market value viz Bonds 10871270 ad vances to agents 1021889 total 118931 59 Total 51 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident 5088199 health 1579908 total 4 Losses and claims resisted Accident 155212 38 2124158 05 66681 07 6725 00 15 Net unpaid claims except liability claims 73406 07 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 125148458 un earned premiums 50 per cent 625742 29 73406 07 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 1910 viz Accident 3873633 health 1250037 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 27 Dividends due stockholders 31 Reinsurance 32 Advance premiums 100 per cent 33 Other liabilities viz Reserve for contingent installment policies claims 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 350000 00 44 Surplus over all liabilities 866742 57 625742 29 51236 70 29071 95 7000 00 2547 97 3139 50 115271 00 907415 48 45 Surplus as regards policyholders 46 Total liabilities Business in the State of Georgia During the Year 1216742 57 2124158 05 Gross premiums received on risks written or renewed during the year Accident 794569 health 244837 total Gross losses paid Accident 404925 health 32070 total 10394 06 4369 95902 ComptrollerGenerals Report royal indemnity company op new york n y Edward F Beddall President J Harold Pearch Secretary Home Office 84 William Street New York N Y Milton Dargan Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash between January 11th and January 24th 1911 500000 00 32 From all other sources viz Amount received from stockholders 1040506 50 38 Total income 1045506 50 IIIDisbursements 37 All other disbursements viz Paid for interest accrued on securities 7668 72 46 Total disbursements 7668 72 IVLedger Assets 4 Book value of bonds excluding interest 980850 00 5 Cash in companys office 56987 78 11 Ledger assets 1037837 78 NonLedger Assets 13 Interest on bomls 7668 72 37 Cross assets 1045506 50 51 Admitted assets 26 Salaries rents expenses taxes bills accounts fees etc due or accrued for organization 105506 50 18075 91 42 Total amount of all liabilities except capital i 43 Capital actually paid up in cash 500000 00 44 Surplus over nil liabilities 527430 59 18075 91 45 Surplus as regards policyholders 1027430 59 46 Total liabilities 1045506 50 ComptrollerGenerals Report 903 royal casualty company of st louis missouri J D Sutton President F H Pickrell Secretary Home Office Seventh and Olive St Louis Mo 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 as per balance December 31st of previous year 118502 16 Extended at 118502 16 IIIncome 20 Interest on mortgage loans 22 Interest on bonds and dividends on stocks 23 Interest on deposit 5572 10 30 822 92 26 Total interest and rents 27 Profit on sale or maturity of ledger assets viz Due bills 22467 cancelled checks 10997 miscellaneous 4453 total 6395 32 379 17 38 Total income 134710 09 IIIDisbursements 1 Gross amount paid for losses Accident 1122298 health 1008124 death 237916 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 15 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 22 Medical examiners fees and salaries 24 Rents 26 Taxes on real estate 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Taxes 128830 city licenses 29275 total 1581 05 23683 38 179 00 50422 75 30461 71 18488 17 5 2 11000 00 432 24 1733 85 358 14 926 51 2802 61 3042 38 129 40 136042 51 100500 00 20 00 165 83 16483 91 117169 74 904 ComptrollerGenerals Report 37 All other disbursements viz Exchange 7360 mis cellaneous 22284 traveling expenses 39005 fire insurance 1960 total 696 09 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 6 Bills receivable 11 Ledger assets NonLedger Assets 12 Interest accrued on mortgages 1786 95 15 Interest accrued on certificates of deposit 145 51 Total 1932 45 34 Other nonledger assets viz Due bills 66815 pre miums in course of collection 174754 furniture and and fixtures 80000 supplies etc 150000 total 4715 69 Deduct Assets Not Admitted 39 Bills receivable 668 15 40 Furniture and fixtures 800 00 41 Supplies printed matter and stationery 1500 00 Total 296S 15 51 Admitted assets VLiabilities 2 Losses and claims in process of adjust ment Accident 272116 health 70486 total 3426 02 3 Expenses on claims 25 00 4 Losses and claims resisted Accident 43210 health 4583 fidelity 80000 total 1277 93 5 Total losses and claims Accident 315326 health 75069 fidelity 32500 total 472S 95 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 213244 un earned premiums 50 per cent 1066 22 120849 74ComptrollerGenerals Eeport 905 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 41838 unearned premiums pro rata 209 19 21 Total unearned premiums 1 275 41 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 290 45 29 Taxes due or accrued 868 81 32 Advance premiums 100 per cent 1381 54 42 Total amount of all liabilities except capital 8545 16 43 Capital actually paid up in cash 100000 00 44 Surplus over all liabilities 12304 50 45 Surplus as regards policyholders 112 3Q4 58 46 Total liabilities 120 849 74 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 3 317 01 Gross losses paid Accident 35714 health 59746 death 221546 total 3170 06 SOUTHERN STATES FIRE INSURANCE COMPANY OF ATHENS GA H S West President H M Rylee Secretary Principal Office 215 College Avenue Athens Ga Shackelford Shackelford Athens Attorneys for Service in Georgia IIAssets 13 Cash belonging to the company deposited in bank viz Citizens Bank and Trust Co Athens Ga 1737 58 Total cash items 1737 58 14 Amount of premium notes upon which policies have been issued 672 25 17 Cash in hands of agents and in course of transmission 1180 69 All other assets both real and personal viz Furniture and fixtures 3240 00 Total assets of the company 6830 52906 ComptrollerGenerals Eeport IIILiabilities 4 Total gross amount of claims for losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 93700 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 235890 un earned premiums pro rata 468 50 1928 45 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 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 2 50 2396 95 102 40 2499 35 4331 17 6830 52 IVIncome During the Year 7 Entire premiums collected during the year Cash 29940 notes 67225 total 8 Deduct reinsurance and return premiums 3971 65 644 35 9 Net cash actually received for premiums carried out 2655 05 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 1 65 15 Aggregate amount of income actually received during the year in cash 2625 30 VExpenditures During the Year 1 Gross amount actually paid for losses 2 50 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 2 50 823 97 97 00 208 00 ComptbolleeGeneeals Bepobt 907 210 35 1340 82 9 All other payments and expenditures viz Supplies books stamps stationery and rents etc Aggregate amount of actual expenditures during the year in cash VIMi seellan eous Bisks and Premiums Fire Bisks Premiums Thereon 2 Written or renewed during 1910 185685 00 3971 65 4 Deduct those expired and marked off as terminated in 1910 28050 00 644 35 157635 00 Business in the State of Georgia During the Year 5 In force at end of year 1910 8 Greatest amount insured in any one risk Fire marine and inland risks written Premiums received gross Dosses paid 3327 30 1000 00 157635 00 3295 90 2 50 THE STANDARD ACCIDENT INSURANCE CO OF DETROIT MICH Dem W Bowen President E A Leonard Secretary Home Office Penobscot Building Detroit Mich J H G Miles 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 31st of previous year 3104744 51 Extended at 3104744 51 ITIncome 1 Gross premiums unpaid December 31 last year Accident 19743161 health 2680314 liability 12457975 auto property damage 716553 workmens collective 582347 total 361803 50 2 Gross premiums written and renewed during the year Accident 145238983 health 18852731 liability 134032515 auto property damage 10041990 work men s collective 4714606 total 3128808 25 3 Total Accident 164982144 health 21533045 lia bility 146490490 auto property damage 107 58543 workmens collective 5296953 total 3490611 75908 ComptrollerGenerals Report 4 Deduct gross premiums now in course of collection Accident 22817423 health 3597189 liability 11574646 auto property damage 1106753 work men s collective 1115214 total 402112 25 5 Entire premiums collected during the year Accident 142164721 health 17935856 liability 1349 15844 auto property damage 9651790 workmens collective 4181739 total 3088499 50 6 Deduct reinsurance return premiums and cancellations Accident 28205827 health 4995728 liability 20520067 auto property damage 1909526 work mens collective 393082 total 560242 30 7 Net cash actually received for premiums Accident 1 13958894 health 12940128 liability 114395777 auto property damage 7742264 workmens collec tive 3788657 total 2528257 20 19 Policy fees required or represented by applications 20 Interest on mortgage loans 20191 35 22 Interest on bonds and dividends on stock 122782 50 23 Interest on deposit 5401 07 24 Interest from all other sources 493 43 47589 00 26 Total interest and rents 27 Profit on sale or maturity of ledger assets viz Bonds 148868 35 5468 42 38 Total income 2730182 97 IIIDisbursements 1 Gross amount paid for losses Accident 45316790 health 5041900 liability 50222097 auto property damage 3704085 workmens collective 2310317 total 2 Deduct salvage and reinsurance Accident 1097289 liability 201352 total 12986 41 3 Net amount paid policyholders for losses Accident 44219501 health 5041900 liability 50020745 auto property damage 3704085 workmens collec tive 2310317 total 1052965 48 4 Investigation and adjustment of claims Accident 6 84235 health 47010 liability 13280956 auto property damage 113854 workmens collective 51859 total 141 779 14 5 Totals Accident 44903736 health 5088910 lia bility 63301701 auto property damage 3817939 workmens collective 2362176 total 1194744 62ComptrollerGenerals Report 909 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 33989750 health 4356703 liability 27783479 auto property damage 1789112 work mens collective 928670 total 688477 14 18 Policy fees retained by agents 19 Stockholders for interest or dividends amount declared during the year 6000000 60000 00 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 130753 61 21 Salaries traveling and all other expenses of agents not paid by commissions 23 Inspections other than medical 10540 08 24 nts 36 25 26 Taxes on real estate 27 All other taxes licenses and insurance department fees Wiii id 28 United States corporation tax J 29 Advertising Q4 30 Printing and stationery 31 Postage and express g5 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Gross decrease by adjustment in book value of bonds 803 0b 37 All other disbursements viz Traveling expenses of home office employees 475573 sundry expenses 5 98509 agents balances charged off 55303 total 11293 85 46 Total disbursements 2443516 29 IVLedger Assets 1 Book value of real estate unencumbered 1050 00 2 Mortgage loans on real estate first liens 287000 00 4 Book value of bonds excluding interest 2922024 50 5 Cash in companys office 770464 deposited in banks 17363205 total 181336 69 T 3391411 19 11 Ledger assets v NonLedger Assets 12 Interest due 22500 and accrued 3 77801 on mortgages 4003 01 13 Interest accrued on bonds 25907 57 29910 58 Total VoV 18 Market value not including interest in item 13 of bonds and stocks over book value V48 00 19 Gross premiums in course of collection viz On policies or renewals issued910 ComptrollerGenerals Keport subsequent to October 1 1910 Acci dent 21133852 health 3371636 liability 10763811 auto property damage 1042258 workmens collec tive 1084883 total 373964 40 On policies or renewals issued prior to October 1 1910 Accident 1683571 health 225553 liability 810835 auto property damage 64495 work mens collective 30331 total 28147 So 33 Totals 402 no 05 37 Gross assets 34932 57 Deduct Assets Xot Admitted 43 Gross premiums in course of collection written prior to October 1 1910 28 147 85 51 Admitted assets 3821iii 1 72 VLiabilities 1 Losses and claims in process of adjustment Accident 4368142 ihealth 297976 auto property damage 249657 workmens collective 59768 total 3 Losses and claims reported proofs not received Acci dent 13469525 health 952024 auto property dam age 970213 workmens collective 372384 total 4 Losses and claims resisted Accident 5 Total losses and claims Accident 22799667 health 1250000 auto property damage 1219870 work mens collective 432152 total 257016 89 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 196473956 unearned premiums 50 per cent 982369 78 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 51 83005 unearned premiums pro rata 30752 25 49755 43 157641 46 49620 00 257016 89 439898 13 696915 02 21 Total unearned premiums j 013 192 03ComptrollerGenerals Report 911 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to October 1 1910 viz Accident 6015325 health 1082340 liability 2609738 auto property damage 307868 workmens collective 268750 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 30 Eeturn premiums 31 Reinsurance 32 Advance premiums 100 per cent 33 Other liabilities viz Reserve for contingencies 102840 21 57884 38 16828 40 1886 42 4819 73 100000 00 42 Total amount of all liabilities except capital 1994296 1 43 Capital actually paid up in cash 500000 00 44 Surplus over all liabilities 1327338 53 45 Surplus as regards policyholders 1827338 53 46 Total liabilities 3821634 72 Business in the State of Georgia During the Tear Gross premiums received on risks written or renewed during the year Accident 1631857 health 133928 lia bility 96827 property damage 725 total 18633 37 Gross losses paid Accident 525888 health 43397 lia bility 241745 total 8110 30 THE TITLE GUARANTY SURETY COMPANY OF SCRANTON PENN L A Waters President J H Law Secretary Home Office 516 Spruce Street Scranton Penn D I Maclntyre Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets as per balance December 31 of previous year 2388346 63 Extended at 2388346 63 IIIncome 1 Gross premiums written and renewed during the year 28 Surety 121211330 title 304375 total 1215157 05912 ComptrollerGenerals Eeport 2 Deduct reinsurance Surety 3 Deduct return premiums on policies can celled Surety 181533 48 98733 29 5 Total deductions Surety 6 Net premiums Surety 93184653 title 304375 total 22 Gross interest on mortgage loans 8125 16 23 Gross interest on collateral loans 3116 76 24 Gross interest on bonds and dividends on stocks less 317182 accrued interest on bonds acquired during 1910 56696 15 25 Gross interest on deposits in trust com panies and banks 1785 48 26 Gross interest from all other sources viz Miscellaneous 321 82 29 Gross rents from companys property in cluding 800000 for companys occu pancy of its own buildings 9500 00 30 Total gross interest and rents 31 From other sources viz Title department search fees 336366 exchange 10132 62 shares stock Hudson Manhattan E E Co carried unlisted assets Dee 31 1909 110811 total 36 From agents balances previously charged off 37 Gross profit on sale or maturity of ledger assets viz Real estate 8964 bonds 650547 total 280266 77 934890 28 79545 37 4573 09 20 00 6595 11 39 Total income 1025623 85 IIIDisbursements 1 Gross amount paid for losses Surety 3 Deduct salvage Surety 392909 47 51464 12 4 Total deduction Suretj 5 Net amount paid policyholders for losses Surety 17 Investigation and adjustment of claims viz Surety 23 Commission or brokerage less amount received on return premiums and reinsurance for the following classes Surety 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 32 Eents including 800000 for companys occupancy of its own buildings 51464 12 341445 35 60296 70 204571 63 94995 81 155034 98 10499 96ComptrollerGenerals Eeport 913 33 34 35 36 37 42 43 44 45 46 47 48 53 54 55 Eepairs 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 Capital stock tax 740021 excise tax V S of A internal revenue dept 115380 total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends Other disbursements viz Interest paid 299026 title department expenses 413671 general expenses 27 15153 total Agents balances charged off Gross loss on sale or maturity of ledger assets viz Bonds Gross decrease by adjustment in book value of ledger assets viz Bonds 2723 04 1336 57 12799 27 12112 89 8554 01 500 00 10638 20 28661 99 27080 26 17452 70 100000 00 34278 50 2966 78 200 00 34483 11 56 Total disbursements 1160631 75 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate first liens 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 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Surety 234 50099 title 85250 total On policies or renewals issued prior to October 1 1910 Surety 118354 82 152976 20 1327629 09 7093 90 3000 00 172945 28 235353 49 35795 90 24 Totals 25 Bills receivable 26 Other ledger assets viz Advances on contracts 132 94903 miscellaneous assets 5372609 unlisted assets 4500 total 30 Ledger assets 271149 39 13469 93 186720 12 2253338 73914 ComptrollerGenerals Report NonLedger Assets 31 Interest accrued on mortgages 32 Interest accrued on bonds 1600 39 7105 10 Total 8705 49 43 Gross assets 2262044 22 Deduct Assets Not Admitted 45 Bills receivable 13469 93 49 Premiums in course of collection written prior to October 1 1910 35795 90 50 Book value of ledger assets over market value viz Bonds 15209199 Total 201357 82 55 Admitted assets 2060 686 40 VLiabilities 2 Losses and claims reported or in process of adjustment Surety 48456 78 3 Losses and claims resisted Surety 281188 53 4 Total losses and claims Surety 329645 31 6 Net unpaid claims except liability claims Surety 329645 31 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 55883147 unearned premiums 50 per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 148 87482 unearned premiums pro rata 329645 31 279415 74 74437 41 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Surety 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 35 Reinsurance 37 Other liabilities viz Reserve for premium taxes pay able 1911 353853 15 47872 37 1000 00 2451 12 43011 50 14000 00 46 Total amount of all liabilities except capital 791833 45ComptrollerGenerals Report 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 268852 95 915 49 Surplus as regards policyholders 1268852 95 50 Total liabilities 2060686 40 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Surety 3 Gross losses paid Surety Gross losses incurred Surety 9085 23 2360 70 9887 95 UNITED STATES BRANCH OF THE THAMES MERSEY MARINE INS CO LTD OF GREAT BRITAIN AND IRELAND II K Fowler Manager Head Office in United States 8292 Beaver St New York N Y 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 as per balance December 31st of previous year 727624 54 Extended at 727624 54 IIIncome 3 Total Marine 1220876 78 6 Deduct reinsurance return premiums and cancellations Marine 449754 20 7 Net cash actually received for premiums Marine 771122 58 22 Interest on bonds and dividends on stock 22830 14 32 From all other sources viz Received from home office 43731867 refunds etc received on account of home office 9331735 total 530636 02 38 Total income 1324588 74 IIIDisbursements 1 Gross amount paid for losses Marine 942557 23 2 Deduct salvage and reinsurance 351928 30 3 Net amount paid policyholders for losses Marine 4 Expenses of adjustment etc of losses Marine 590628 93 3646 04 5 Totals Marine 594274 97916 ComptbolleeGenebals Repoet 14 Commissions or brokerage less amount received on return premiums and reinsurance 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 23 Inspections other than medical 24 Bents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express telegrams and telephone 32 Furniture and fixtures 37 All other disbursements viz Sundry expenses 9 36494 remitted to and paid account home office 44497019 underwriters boards and tariff associa tions 155219 total 93410 28 34230 55 2588 42 476 62 5750 00 19463 75 675 14 220 50 2168 65 2101 22 369 55 455887 32 46 Total disbursements 1211616 97 IVLedger Assets 4 Book value of bonds excluding interest 40342050 and book value of stocks 26066300 total 5 Cash in companys office 3414 deposited in banks 776902 total 7 Other ledger assets viz Agents balances representing business written subsequent to October 1 1910 Agents balances representing business written prior to October 1 1910 li Ledger assets NonLedger Assets 13 Interest due 112500 and accrued 219375 on bonds Deduct Assets Not Admitted 44 Book value of ledger assets over market value viz 68296 00 45 Agents balances representing business prior to October 1 1910 3779 24 664083 50 7803 16 162782 36 3779 24 840596 31 3318 75 Total 72075 24 51 Admitted assets 771839 82ComptrollerGenerals Beport 917 VLiabilities 2 Losses and claims in process of adjustment Marine 8762600 5 Total losses and claims Marine 87626 00 14 Deduct reinsurance 19290 00 15 Net unpaid claims except liability claims 68336 00 19 Gross premiums less reinsurance upon all unexpired inland navigation risks 4071146 unearned premiums 50 per cent 20355 73 20 Gross premiums less reinsurance upon all unexpired marine risks 13043597 unearned premiums pro rata 100 per cent 130435 97 21 Total unearned premiums 150791 70 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to October 1 1910 viz Marine 4868 53 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 2500 00 31 Reinsurance 62206 06 33 Other liabilities viz State county and municipal taxes due or accrued 21000 00 42 Total amount of all liabilities except capital 309702 29 43 Capital actually paid up in cash 310000 00 44 Surplus over all liabilities 152137 53 45 Surplus as regards policyholders 462137 53 46 Total liabilities 771839 82 Business in the State of Georgia During the Tear Gross premiums received on risks written or renewed during the year Marine 5061 30 THE TRAVELERS INDEMNITY COMPANY OF HARTFORD CONN Sylvester C Dunham President Louis F Butler Secretary Home Office No 700 Main Street Hartford Connecticut ICapital Stock 1 Amount of capital paid up in cash 1000000 00 918 ComptrollerGenerals Eeport 2 Amount of ledger assets as per balance December 31 of previous year 819326 38 3 Increase of paidup capital during the year 500000 00 Extended at 1319626 38 IIIncome 1 Gross premiums written and renewed during the year Accident 2526842 health 294835 liability 1 35535 steam boiler 15684090 fly wheel 1935952 auto property damage 41145086 total 617223 40 2 Deduct reinsurance Steam boiler 5 45234 fly wheel 570191 total 11154 25 3 Deduct return premiums on policies can celed Accident 10462 steam boiler 1220993 fly wheel 264292 auto property damage 3595459 total 50912 06 4 Deduct premiums on policies not taken Accident 385297 health 79705 steam boiler 2184014 fly wheel 2 76769 auto property damage 56 66984 total 85927 69 5 Total deductions Accident 395759 health 79705 steam boiler 3950241 fly wheel 1111252 auto property damage 9262443 total 147994 00 6 Net premiums Accident 2131083 health 215130 liability 135535 steam boiler 11733849 fly wheel 824700 auto property damage 31882643 total 469229 40 21 Inspections 184 00 22 Gross interest on mortgage loans less 179987 accrued interest on mortgages acquired during 1910 13027 88 23 Gross interest on collateral loans 4228 83 24 Gross interest on bonds and dividends on stocks less 722202 accrued interest oa bonds acquired during 1910 8041 31 25 Gross interest on deposits in trust com panies and banks 830 15 30 Total gross interest and rents 26128 17 31 From other sources viz Surplus paid in 250000 00 37 Gross profit on sale or maturity of ledger assets viz Bonds 196 00 38 Gross increase by adjustment in book value of ledger assets viz Bonds 514 90 39 Total income 746252 47ComptrollerGenerals Report 919 IIIDisbursements 1 Gross amount paid for losses Accident 111732 health 108120 steam boiler 1341484 fly wheel 914418 auto property damage 14122221 total 2 Deduct reinsurance Fly wheel 4827 91 3 Deduct salvage Fly wheel 14853 auto property damage 57696 total 725 49 4 Total deduction Fly wheel 497644 auto property damage 57696 total 5 Net amount paid policyholders for losses Accident 111732 health 108120 steam boiler 1341484 fly wheel 416774 auto property damage 140 64525 total 17 Investigation and adjustment of claims viz Accident 938 health 445 steam boiler 58775 fly wheel 26120 auto property damage 3066788 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 705651 health 70708 steam boiler 25 68504 fly wheel 132161 auto property damage 6629126 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office emplo3ees 29 Salaries traveling and all other expenses of agents not paid by commissions 31 Inspections other than medical and claim 32 Eents 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Capital stock tax 550000 county and municipal licenses and fees 26150 county and municipal taxes 18004 total 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 46 Furniture and fixtures 48 Other disbursements viz Exchange 8935 miscella neous expenses 4993 total 53 Agents balances charged off 55 Gross decrease by adjustment in book values of ledger assets viz Bonds 165979 75 5553 40 160426 35 31530 66 56 Total disbursements 101061 50 18980 56 23217 59 59830 17 6284 89 4365 11 3165 90 5941 54 200 40 89238 4552 54 2383 99 563 50 139 28 332 00 846 75 424715 11 920 CompteollebGenebals Repobt 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 83390500 stocks 2941487 total 5 Cash in companys office 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 3 27485 health 48628 steam boiler 1711948 fly wheel 46959 automo bile property damage 3270021 total 54050 41 On policies or renewals issued prior to October 1 1910 Accident 441 steam boiler 202991 fly wheel 28185 automobile property damage 466459 total 6980 76 24 Totals 30 Ledger assets 528380 00 159775 00 863319 87 6374 56 22283 14 61031 17 1641163 74 NonLedger Assets 31 Interest accrued on mortgages 6 658 67 32 Interest accrued on bonds 12535 83 33 Interest accrued on collateral loans 2964 89 Total 39 Market value not including interest in item 32 of bonds 43 Gross assets Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1910 22159 39 2172 63 1665495 76 6980 76 55 Admitted assets 1658515 00 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 33000 health 21875 steam boiler 3 43643 total 3i985 lg 3 Losses and claims resisted Steam boiler 739 56 4ToTal losses and claims Accident 33000 health 21875 steam boiler 417599 total 4724 74ComptrollerGenerals Report 921 6 Net unpaid claims except liability claims Accident 33000 health 21875 steam boiler 417599 total 7 Estimated expenses of investigation and adjustment of unpaid claims Steam boiler 8 Total losses and claims Accident 33000 health 21875 steam boiler 438479 total 17 Special reserve for unpaid liability losses 17 Special reserve for unpaid liability losses auto prop erty damage 20 Total unpaid claims and expenses of settlement 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 37341244 unearned premiums fifty per cent 186706 22 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 220 67175 unearned premiums pro rata 125163 49 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 98245 health 12157 steam boiler 393748 fly wheel 10801 auto property damage 752104 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 36 Advance premiums one hundred per cent 46 Total amount of all liabilities except capital I 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 262735 76 49 Surplus as regards policyholders 50 Total liabilities 4724 74 208 80 4933 54 281 00 46303 03 51517 57 311869 71 12670 55 9250 60 10204 81 266 00 395779 24 1262735 76 1658515 00 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 28667 steam boiler 101950 fly wheel 743 automobile property damage 821643 total Gross losses paid Accident 1464 automobile property damage 274245 total 9530 03 2757 09922 ComptrollerGenerals Report the travelers insurance company of hartford conn Sylvester C Dunham President Louis F Butler Secretary Home Office No 700 Main Street Hartford Connecticut ICapital Stock 1 Amount of capital paid up in cash 2500000 00 2 Amount of ledger assets as per balance December 31 of previous year 15516697 30 3 Increase of paidup capital during the year 500000 00 Extended at 16016697 30 IIIncome 1 Gross premiums written and renewed during the year Accident 431989794 health 61101984 liability 666132852 workmens collective 8707473 total 11679321 03 2 Deduct reinsurance Accident 121 77823 health 1225408 liability 2 51250 total 136544 81 3 Deduct return premiums on policies can celed Accident 8315948 health 1590092 liability 26817371 work mens collective 274249 total 369976 60 4 Deduct premiums on policies not taken Accident 56201346 health 101 27706 liability 49943306 workmens collective 493875 total 1167662 33 5 Total deductions Accident 76695117 health 129 13206 liability 77011927 workmens collective 768124 total 1674183 74 6 Net premiums Accident 355294677 health 481 58778 liability 589120925 workmens collective 7939349 total i0 005137 29 21 Inspections 290 00 23 Gross interest on collateral loans 23 774 68 24 Gross interest on bonds and dividends on stocks less 826959 accrued interest on bonds acquired during 1910 558 514 42 25 Gross interest on deposits in trust com panies and banks 23 929 57 27 Interest on bills receivable l 350 59 30 Total gross interest and rents 607569 26ComptrollerGenerals Report 923 31 From other sources viz Profit and loss 67 4 36 From agents balances previously charged off l62o 09 37 Gross profit on sale or maturity of ledger assets viz 617 63 Bonds 38 Gross increase by adjustment in book value of ledger assets viz Bonds 9019 00 10624936 67 39 Total income 111Disbursements 1 Gross amount paid for losses Accident 132165677 health 18323384 liability 259529266 workmens collective 4989534 total 4150078 61 2 Deduct reinsurance Accident 1840068 health 415206 total 22552 74 4 Total deduction total Accident 1840068 health 415206 22552 74 5 Net amount paid policyholders for losses Accident 1 30325609 health 17908178 liability 259529266 workmens collective 4989534 total 16y2 Matured endowments and surrender values under ten premium accident policies 17 Investigation and adjustment of claims viz Accident 5863776 health 826986 liability 91602540 workmens collective 249475 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 105977854 health 13314224 liability 117217951 workmens collective 792652 total 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 28 Traveling expenseshome office 29 Salaries traveling and all other expenses of agents not paid by commissions 29 Salaries traveling and all other expenses of pay roll auditors 30 Medical examiners fees and salaries 31 Inspections other than medical and claim 32 Kents including 4114927 balance life department statement for companys occupancy of its own build iiSs 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Capital stock tax 11690000 county and municipal licenses and fees 384671 county and municipal taxes 287585 United States corporation tax 354380 total 4127525 87 21081 28 985427 77 348817 10 35183 70 432510 24 91264 27 34916 75 173740 48 129762 98 128834 18 14588 34 127166 36924 ComptrollerGenerals Report 42 Legal expenses 6272 03 43 Advertising 31862 88 44 Printing and stationery 67815 82 45 Postage telegraph telephone and express 63747 46 46 Furniture and fixtures 23266 91 47 Stockholders for interest or dividends amount declared during the year 50000000 750000 00 48 Other disbursements viz Heat and light and miscella neous expenses of offices 2297650 newspapers peri odicals and books 392890 exchange 135605 miscellaneous expenses 1186341 profit and loss 11590 total 40240 76 53 Agents balances charged off 2578 16 54 Gross loss on sale or maturity of ledger assets viz Bonds 65500 stocks 387067 total 4525 67 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 20910 75 56 Total disbursements 10035066 57 IVLedger Assets 3 Loans secured by pledge of bonds stocks or other col laterals 413156 53 4 Book value of bonds 955685400 stocks 417034834 total 13727202 34 5 Cash in company s office 6 000 00 5 Cash at branch offices 103 428 01 6 Deposits in branch offices trust companies and banks not on interest 123330 53 7 Deposits in trust companies and banks on interest 685926 13 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 31323541 health 5092510 liability 79157060 workmens collective 218498 total 1157916 09 On policies or renewals issued prior to October 1 1910 Accident 2899206 health 116785 liability 29706393 workmens collective 30613 total 327529 97 24 Totals 1485446 06 25 Bills receivable 28078 56 26 Other ledger assets viz Agents ledger balances 33999 24 30 Ledger assets 16606567 40ComptrollerGenerals Report 925 NonLedger Assets 32 Interest accrued on bonds 33 Interest accrued on collateral loans 34 Interest accrued on other assets 138370 36 5639 08 208 33 Total 39 Market value not including interest in item 32 of stocks over book value 144217 77 329382 66 43 Gross assets 17080167 83 Deduct Assets Not Admitted 45 Bills receivable 28078 56 45 Agents ledger balances 33999 24 49 Premiums in course of collection written prior to October 1 1910 327529 97 Total 55 Admitted assets 389607 77 16690560 06 VLiabilities 1 Losses and claims adjusted Accident 1106690 health 167423 workmens collective 38345 total 2 Losses and claims reported or in process of adjustment Accident 29623628 health 4019730 workmens collective 816583 total 3 Losses and claims resisted Accident 4152500 health 300 total 13124 58 344599 41 42325 00 4 Total losses and claims Accident 34882818 health 4267153 workmens collective 854928 total 400048 99 6 Xet unpaid claims except liability claims Accident 34882818 health 4267153 workmens collective 854928 total 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 1741400 health 213400 workmens collective 42700 total 400048 99 19975 00 8 Total losses and claims Accident 36624218 health 4480553 workmens collective 897628 total 17 Special reserve for unpaid liability losses 20 Total unpaid claims and expenses of settlement if 420023 99 4051291 00926 CoMPTROLLERGrENERAL s REPORT 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 785239696 un earned premiums fifty per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 394 68799 unearned premiums pro rata 3926198 48 581676 23 289221 99 23 Total unearned premiums 4507 874 71 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1910 viz Accident 9397062 health 1273128 liability 18206124 workmens collective 45885 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 36 Advance premiums one hundred per cent 37 Other liabilities viz Reserve accident excess limits 229231S reserve accident contingent fund 188 23116 reserve accident accumulations 15271517 reserve liability excess limits 6198076 total 425850 27 123 266 5 302 00 946 00 538 42 46 Total amount of all liabilities except capital 10090048 38 47 Capital actually paid up in cash 2500000 00 48 Surplus over all liabilities 4100 511 68 49 Surplus as regards policyholders 6 600 511 68 50 Total liabilities 16690560 06 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the vear Accident 5854559 health 1891678 liability 63 39838 total i40860 75 Gross losses paid Accident 2839095 health 885517 liability 2299903 total 60j245 15 Gross losses incurred Accident 1139095 health S 85517 total 20246 12ComptrollerGenerals Eeport 927 UNITED STATES HEALTH AND ACCIDENT INSURANCE COMPANY OF SAGINAW MICHIGAN J B Pitcher President J ML Pitcher Secretary Home Office 130 N Washington Ave Saginaw Michigan Harry C Conley Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 300000 00 2 Amount of ledger assets as per balance December 31st of previous year 842330 48 Extended at 842330 48 IIIncome 2 Gross premiums written and renewed during the year Accident and health 1178079 74 6 Deduct reinsurance return premiums and cancellations Accident and health 162396 25 7 Net cash actually received for premiums 1015683 49 19 Policy fees required or represented by applications 147600 00 20 Interest on mortgage loans 295 56 22 Interest on bonds and dividends on stock 35930 65 23 Interest on deposit 822 71 26 Total interest and rents 27 Profit on sale or maturity of ledger assets viz Bonds 147750 bonds 22500 total 32 From all other sources viz Fees for changing policies 18315 from agents balances previously charged off 21310 total 37048 92 1702 50 396 25 38 Total income 1202431 16 IIIDisbursements 1 Gross amount paid for losses Accident and health 444443 69 4 Investigation and adjustment of claims 2311 08 5 Totals Accident and health 446754 77 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 3600000 238381 86 147600 00 36000 00928 ComptrollerGenerals Report 20 21 22 23 24 25 28 29 30 31 32 33 37 Salaries fees and all other compensation of officers di rectors trustees and home office employees 76802 54 Salaries traveling and all other expenses of agents not paid by commissions 57416 39 Medical examiners fees and salaries 3690 83 Inspections other than medical 515 00 Rents 20444 48 Eepairs and expenses other than taxes on real estate leased for home office 9 55 All other taxes licenses and insurance department fees 22757 95 Legal expenses 928 04 Advertising 7183 59 Printing and stationery 10670 30 Postage and express 16395 47 Furniture and fixtures 2 407 10 Loss on sale or maturity of ledger assets viz Bonds 7603 07 All other disbursements viz Premium on fidelity bonds of agents collectors and employees 205120 sub scriptions to insurance periodicals agencies and asso ciations 160780 janitor supplies 32764 auditing 9323 repairs and insurance on furniture and fixtures 26813 office supplies for home office 128572 agents balances charged off 293216 total 8565 88 46 Total disbursements 1 104126 82 IVLedger Assets 2 Mortgage loans on real estate first liens 4 Book value of bonds excluding interest 73425471 and book value of stocks 100000 total 5 Cash in companys office 454916 deposited in banks 10027271 total 7 Other ledger assets viz Premiums in course of col lection 6300 00 735254 21 104821 86 94258 75 11 Ledger assets 940634 82 NonLedger Assets 12 Interest accrued on mortgages 13 Interest accrued on bonds 173 83 12304 70 Total 18 Market value not including interest in item 13 of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Acci dent and health 12478 53 13364 96 94258 75 37 Gross assets 51 Admitted assets 966478 31 966478 31ComptrollerGenerals Eeport VLiabilities 1 Losses and claims adjusted Accident and health 2 Losses and claims in process of adjustment Accident and health 3 Investigating and adjusting Accident and health 4 Losses and claims resisted Accident and health 5 Total losses and claims Accident and health 14 Deduct reinsurance 929 13667 75 56720 00 550 00 1975 00 72912 75 404 56 15 Net unpaid claims except liability claims 72508 19 18 Total unpaid claims and expenses of settlement 72508 19 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 24860409 un earned premiums 50 per cent 124302 05 21 Total unearned premiums 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subsequent to October 1 1910 viz Accident and health 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 31 Reinsurance 32 Advance premiums 100 per cent 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 300000 00 44 Surplus over all liabilities 395032 22 45 Surplus as regards policyholders 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident and health Gross losses paid Accident and health 124302 05 29950 92 24171 74 242 08 20271 11 271446 09 695032 22 966478 31 14725 62 5433 73930 ComptrollerGeneral s Keport UNITED STATES CASUALTY COMPANY OF NEW YORK N Y Edson S Lott President D G Luckett Secretary Home Office 141 Broadway New York N Y 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 2578734 78 Extended at 2578734 78 IIIncome 1 Gross premiums written and renewed during the year Accident 74376230 health 31182072 liability 112138275 steam boiler 5577611 burglary and theft 8411562 sprinkler 5217606 workmens col lective 1391910 total 2382952 66 Deduct reinsurance Accident 2105582 health 163906 liability 55186 steam boiler 117503 burglary and theft 286320 sprinkler 496640 total Deduct return premiums on policies can celled Accident 1978124 health 904685 liability 5275541 steam boiler 388502 burglary and theft 392529 sprinkler 314526 work mens collective 77308 total 4 Deduct premiums on policies not taken Accident 12702051 health 66 67019 liability 22330359 steam boiler 1658819 burglary and theft 1208298 sprinkler 1524790 work mens collective 244451 total 463357 87 2 3 32251 37 93312 15 5 Total deductions Accident 16785757 health 77 35610 liability 27661086 steam boiler 2164824 burglary and theft 1887147 sprinkler 2335956 workmens collective 321759 total 6 Net premiums Accident 57590473 health 234 46462 liability 84477189 steam boiler 3412787 burglary and theft 6524415 sprinkler 2881650 workmens collective 1070151 total 588921 39 1794031 27ComptrollerGenerals Report 931 22 Gross interest on mortgage loans 14637 14 24 Gross interest on bonds and dividends on stocks less 8700 accrued interest on bonds acquired during 1910 89449 21 25 Gross interest on deposits in trust com panies and banks 1094 59 30 Total gross interest and rents 105180 94 31 From other sources viz Recovery of uncollectible items previously charged to profit and loss 321 35 37 Gross profit on sale or maturity of ledger assets viz Real estate 68750 stocks 149375 total 2181 25 39 Total income 1901714 81 IIIDisbursements Gross amount paid for losses Accident 25196381 health 8001151 liability 40493688 steam boiler 95579 burglary and theft 1656020 sprinkler 14 40853 workmens collective 585653 total 774693 25 Deduct reinsurance Accident 1632474 health 91613 liability 165025 steam boiler 21108 burglary and theft 104334 sprinkler 194763 total 22093 17 4 Total deductions Accident 1632474 health 91613 liability 165025 steam boiler 21108 burglary and theft 104334 sprinkler 194763 total 17 Net amount paid policyholders for losses Accident 23563907 health 7909538 liability 40328663 steam boiler 74471 burglary and theft 1551686 sprinkler 1246090 workmens collective 585653 total Investigation and adjustment of claims viz Accident 2365177 health 908419 liability 8435829 steam boiler 8578 burglary and theft 220377 sprinkler 153540 workmens collective 154449 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 18400658 health 7551279 liability 22050274 steam boiler 844619 burglary and theft 2009916 sprinkler 812948 workmens col lective 313151 total Salaries fees and all other compensation of officers di rectors trustees and home office employees 28 22093 17 752600 08 122463 69 519828 45 113925 13932 ComptrollerGeneral s Keport 29 Salaries traveling and all other expenses of agents not paid by commissions 48169 69 31 Inspections other than medical and claim 22242 56 32 Rents 24639 40 34 Taxes on real estate 59 39 35 State taxes on premiums 26187 21 36 Insurance department licenses and fees 7187 92 37 All other licenses fees and taxes viz Taxes on personal property 3499 municipal licenses 125918 taxes on income 710 taxes on franchise 022 total 1301 49 42 Legal expenses 2466 51 43 Advertising 2475 19 44 Printing and stationery 23153 95 45 Postage telegraph telephone and express 11690 84 46 Furniture and fixtures 3160 18 47 Stockholders for interest or dividends amount declared during the year 5000000 49950 00 48 Other disbursements viz Extended free insurance 1 32930 miscellaneous 579478 profit and loss pre miums uncollectible 108029 fees of auditors 2 00000 agents credit balances repaid 012318 total 10327 55 54 Gross loss on sale or maturity of ledger assets viz Bonds 6276 25 56 Total disbursements 1748105 48 IVLedger Assets 1 Book value of real estate 4500 00 2 Mortgage loans on real estate first liens 277000 00 4 Book value of bonds 87029125 and book value of stocks 125131685 total 2121608 10 5 Cash in companys office 19552 54 6 Deposits in trust companies and banks not on interest 61693 48 7 Deposits in trust companies and banks on interest 36997 92 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1910 Accident 5153673 health 2486871 liability 11277090 steam boiler 447755 burglary and theft 884966 sprinkler 414580 workmens collective 26256 total 20691191 25 Bills receivable 180 16 27 Cash in the hands of resident managers and adjusters 3900 00 30 Ledger assets 2732344 11ComptrollerGenerals Report 933 NonLedger Assets 31 Interest accrued on mortgages 32 Interest accrued on bonds 3470 80 9276 66 Total 12747 46 43 Gross assets 2745091 57 Deduct Assets Not Admitted 45 Bills receivable 180 16 50 Book value of ledger assets over market value viz Bonds 11518310 cash in the hands of resident managers and ad justers 390000 total 119083 10 Total 119263 26 55 Admitted assets 2625828 31 VLiabilities 2 Losses and claims reported or in process of adjustment Aecident 4200000 health 908500 steam boiler 20000 burglary and theft 134500 workmens col lective 63000 total 3 Losses and claims resisted Accident 2833000 health 135000 total 6 Net unpaid claims except liability claims Accident 7033000 health 1043500 steam boiler 20000 burglary and theft 134500 workmens collective 63000 total 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 781000 health 115000 steam boiler 2500 burglary and theft 15000 workmens collective 7000 total 8 Total losses and claims Accident 7814000 health 1158500 steam boiler 22500 burglary and theft 149500 workmens collective 70000 total 17 Special reserve for unpaid liability losses 53260 00 29680 00 4 Total losses and claims Accident 7033000 health 1043500 steam boiler 20000 burglary and theft 134500 workmens collective 63000 total 82940 00 82940 00 9205 00 20 Total unpaid claims and expenses of settlement 92145 00 89639 54 181784 54934 ComptbollebGeneeals Eepoet 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 139772804 un earned premiums fifty per cent 763912 15 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 21495646 unearned premiums pro rata 121362 00 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies isued on or after October 1 1910 viz Accident 1443028 health 696324 liability 3378042 steam boiler 125371 burglary and theft 247791 sprinkler 116082 workmens collective 7352 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 State county and municipal taxes due or accrued 31 Dividends declared and unpaid to stockholders 35 Eeinsurance 37 Other liabilities viz Additional special reserve for claims 10000000 reserve for reinsurance in com panies not admitted in New York 1269627 reserve for losses not reported 1500000 total 885274 15 60139 90 23196 96 30000 00 12677 50 5058 99 127696 27 46 Total amount of all liabilities except capital 1325828 31 47 Capital actually paid up in cash 500000 00 48 Surplus over all liabilities 800000 00 49 Surplus as regards policyholders 1300000 00 50 Total liabilities 2625828 31 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 1287555 health 817419 liability 23 25088 steam boiler 199780 burglary and theft 39774 sprinkler 22619 workmens collective 1 33369 total Gross losses paid Accident 1413334 health 287966 liability 1883149 steam boiler 10312 burglary and theft 8742 workmens collective 49911 total Gross losses incurred Accident 1038204 health 3 10583 liability 1518775 steam boiler 10312 bur glary and theft 1261 workmens collective 38411 total 48256 04 36534 14 29175 46CompteolleeGteneeals Repoet 935 UNION MAEINE INSURANCE CO LTD OF LIVERPOOL ENGLAND E Hermann Co U S Managers Principal Office in U S 3743 Wall St New York Carlton Y Smith Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of U S deposit capital stock 200000 00 2 Amount paid up in cash 200000 00 IIAssets Total par and market value of stocks and bonds owned absolutely by the company and carried out at market value 543570 00 13 Cash belonging to the company deposited in bank 34252 12 Total cash items 34252 12 15 Interest due and accrued on stocks not included in mar ket value uncolleeted 5848 33 17 Cash in hands of agents and in course of transmission 73905 66 18 Bill receivable not matured taken for fire marine and inland risks 4689 55 All other assets both real and personal viz Cash deposit State of Massachusetts 445 35 Total assets of the company actual cash market value 662711 01 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 180559 56 3 Losses resisted including interest costs and other expenses thereon 19011 21 4 Total gross amount of claims for losses 199570 77 5 Deduct reinsurance thereon 83744 55 6 Net amount of unpaid losses 115826 22 8 Gross premiums without any deduction received and receivable upon all unex pired long term risks running more than one year from date of policy 286046 unearned premiums pro rata 1992 46936 ComptbollerGenebals Report 9 Gross premiums without deduction in eluding both cash and bills received and receivable upon all unexpired yearly hull and cargo risks 15652580 at 50 per cent 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 78262 90 23373 13 11 Total unearned premiums as computed above carried out 103628 49 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 20500 00 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Deposit capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 7 Entire premiums collected during the year cash 1671542 55 8 Deduct reinsurance and return premiums 849990 07 239954 71 200000 00 222756 30 662711 01 9 Net cash actually received for premiums carried out 10 Heceived for interest on bonds and mortgages 12 Income received from all other sources omitting increase if any in value of securities viz Profit on bonds sold 14 American branches of foreign companies will please re port amount of remittances from home office during the year 821552 48 20550 04 14775 00 91508 16 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 8077600 losses occurring in previous years 1062234 46 57 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 4300781 and all amounts actually received for reinsur ance in other companies 43198368 948385 68 total deductions 474991 49 Net amount paid during the year for losses 587 242 97ComptrollerGenebals Report 937 6 Paid for commissions or brokerage 150805 lo 7 Paid for salaries fees and other charges of officers agents and all other employees 56593 46 8 Paid for State national and local taxes in this and other States 23307 01 9 All other payments and expenditures viz Miscellaneous expenses 22352 agents balances charged off 24251 total 466 03 Total 818414 62 10 American branches of foreign companies will please re port amount sent to home offices during the year 114449 03 Aggregate amount of actual expenditures during the year in cash 932863 65 VIMiscellaneous Eisks and Premiums Marine Inland Risks Premiums 1 In force on the 31st day of December 21784921 00 486419 98 2 Written or renewed during the year 284342751 00 1671542 55 3 Totai 306127672 00 2157962 53 4 Deduct those expired and marked off as terminated 277306648 00 1628048 45 5 In force at the end of the year 28821024 00 529914 08 6 Deduct amount reinsured 11228495 00 347154 69 7 Net amount in force 17592529 00 182759 39 Business in the State of Georgia During the Year Fire marine and inland risks written 55053 00 575 27 Premiums received gross TABLE NO 1 Showing business done by Fire Insurance Companies in the State of Georgia for the Year ending January 1st 1912TABLE No 1 Insurance Companies Authorized to Transact Business in this State for the year 1911Their General Condition in Georgia is Shown to 1st of January 1912 NAME OF COMPANY STATE Insurance Written During Premiums Losses Paid Losses the Year Unpaid Insurance Fees Tax on Premiums Aachen MunichFire Aetna Agri cultural Alliance American Druggist American American Home American Union American Central Atlantic National Athens Mutual Atlas Atlanta Home Augusta Boston British America Caledonian Citizens City of New York Columbia Columbia Commercial Commercial Union Commonwealth Connecticut Continental Germany Connecticut Xew York Pennsylvania Ohio New Jersey South Carolina Pennsylvania Missouri Georgia England Georgia Georgia Massachusetts Canada Scotland Missouri New York New Jersey Georgia Dist Columbia England New York Connecticut New York 2021 19036 1575 1175 41 1 553 592 800 00 020 00 100 001 298 00 800 00 085 00 710 00 32547 21 263674 39 23253 93 18459 01 631 33 23615 66 10734 68 4600 4357 3051 4033 4230 1573 515 1828 1430 2175 890 481 1757 803 00 368 00 125 50j 503 00 760 00 800 oo 191 00 644 00 572 00 757 00 635 00 048 00 924 00 18968128 00 1489932 00 12070063 00 75474 31 74900 99 62694 441 49449 87 70598 36 23584 31 6484 92 22338 41 22598 72 58577 69 16142 98 6875 27 34711 89 12662 54 137418 82 20435 21 12286 53 8577 47 2393 36 187247 26 26252 60 196047 69 19626 27 20129 78 33683 27 18734 43 40401 92 8019 67 1203 85 9399 96 13102 21 21165 16 4958 93 3246 80 14431 13 122928 10 14566 81 64889 97 2862 07 12082 00 3693 78 1840 00 295 75 3700 00 8971 36 2289 43 4651 57 1429 00 3552 50 4000 00 950 00 939 79 2997 62 6108 00 300 00 1051 49 10400 00 1228 77 15802 10 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 152 00 160 00 160 00 160 00 160 00 325 47 2636 74 232 54 184 59 6 31 236 16 107 34 76474 74 96 62 69 494 50 352 99 117 92 64 85 223 38 225 99 585 78 161 43 68 75 34 71 1872 47 262 53 1960 48Delaware Dixie Empire City Equitable Federal Marine Fidelity Phoenix Fire Association Firemans Fund Firemens Ins Co Fitchburgh Mutual Franklin Franklin t reorgia Mutual Georgia Georgia Home German Alliance German American Gennania Girard Glens Falls Globe and Rutgers Hamburg Bremen Hanover Hartford Home lnsmance Co of N A Ins Co of State of Pa Liv Lon Globe of Eng Liv Lon Globe London Assurance London and Lance shire Lumber Lumber Mutual Lumbei Underwriteis Lumbermans Mutual Mass Fire and Marine I ercantile Mutual Milwaukee Mechanics Pennsylvania 1077518 00 18817 94 13287 34 5000 00 North Carolina 1128168 00 21061 10 14521 40 1052 36 New York South Carolina 1243654 75 23625 71 14772 78 1625 00 1236233 00 6298502 00 14252 25 112478 44 14890 57 63526 73 16820 73 New York Pennsylvania 6121507 00 91444 63 72088 08 4642 54 California 8270281 00 108083 21 56817 63 12020 75 Now Jersey 2002024 00 22800 57 21003 76 1288 60 28500 00 113 125 00 815 64 2123 41 178 81 Pennsylvania Dist of Columbia 4923 75 5342 32 1080 16 1178 12 Georgia 150191 27 86127 00 32099 45 26556 02 55019 00 14503 46 3055 83 15524 00 2061 00 Georgia 6145916 27 1878085 00 New York New York 6916619 00 109982 03 66957 10 7038 00 New York 4081726 00 66818 51 23422 72 5398 90 Pennsylvania 1722017 04 30884 92 7832 56 2050 00 New York 2778210 00 48275 73 14035 67 3360 85 New York 2459014 00 37077 09 17409 61 6210 00 Germany 2186902 00 3463541 90 29354 26 35901 37 9727 62 14300 72 2681 57 New York Connecticut 23992834 00 373658 32 173330 58 27691 00 New York 19451626 00 220558 30 142819 84 38837 70 Pennsylvania 35462956 00 247261 37 180132 32 3903 07 Pennsylvania England 1573021 00 16054789 00 1145576 00 28 975 55 17 673 75 265814 62 18632 36 13587 91 7579 89 37568 74 574 00 New York England 1191936 00 5170362 00 17277 87 54221 01 11693 11 23187 94 817 00 5032 00 England Massachusetts New York Ohio Massachusetts Rhode Island 226621 96 308700 00 139300 00 150050 00 1529990 00 7 106 15 7 345 31 9 970 88 3 148 03 3894 84 2 084 33 3 474 93 150 00 9998 89 444 95 Wisconsin 1813770 00 31557 24 14351 13 2857 501 160 00 160 00 160 00 160 00 53 60 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 135 00 160 00 150 00 160 00 160 00 160 00 160 00 160 00 100 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 188 18 216 61 236 26 142 52 124 78 914 44 080 83 228 00 8 16 21 23 53 42 150 19 430 64 320 99 1099 82 668 18 308 84 482 76 370 77 293 54 359 01 3736 58 2205 58 2472 61 289 75 2658 15 186 32 172 78 542 21 111 22 71 06 99 71 38 94 20 84 99 99 315 57TABLE No 1Continued Insurance Companies Authorized to Transact Business in this State for the year 1911Their General Condition in Georgia is Shown to 1st of January 1912 NAME OF COMPANY National Home National National Union New Hampshire New Brunswick Niagara Norwich Union No British Mercantile Northern Assurance North River Orient Palatine Pennsylvania Peoples National Pennsylvania Lumberman Phoenix Assurance Phoenix Providence Washington Queen Rochester German Royal Royal Exchange Savannah Scottish Union Natl Security Southern Mutual STATE Georgia Connecticut Pennsylvania New Hampshire New Jersey New York England England England New York Connecticut England Pennsylvania Pennsylvania Pennsylvania England Connecticut Rhode Island New York New York England England Georgia Scotland Connecticut Georgia Insurance Written During the Year 9528 3099 3411 810 3090 3794 7548 4207 1519 1830 3356 3586 1179 229 00 077 00 443 00 957 00 595 00 433 00 599 00 693 00 002 00 823 00 439 19 537 00 759 00 Premiums 2264703 00 8233753 00 3594680 00 6612769 00 1819584 00 7755604 00 1612822 00 3733320 00 1924100 00 39159458 00 80744 89 43641 16 40267 65 14020 12 32699 79 39631 35 68436 33 51419 27707 46 26009 13 55071 68149 59 20078 26 Losses Paid 28799 45 91073 57 37373 04 128421 17 30507 16 103517 72 25627 24 32887 21 17731 60 27670 27 2567 06 21171 29 13854 94 19850 92 14304 79 4888 13 21079 05 25106 99 47491 37 4531 46 45141 90 32114 90 358317 46 11747 11 48722 63 31111 42 56199 77 16749 27 80569 62 12081 09 22148 76 13050 36 113224 44 Losses Unpaid 36162 04 2500 00 5573 22 325 00 5242 49 7706 00 2173 00 6756 08 217 00 676 00 5672 46 4000 00 39 80 7613 55 4736 84 14582 00 3766 36 200 00 311 35 1418 44 5038 02 Insurance Fees Tax on Premiums 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 145 05 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 807 45 436 41 402 68 140 20 327 00 396 31 684 36 514 19 277 07 260 09 550 71 681 49 200 78 287 99 910 73 373 73 1284 21 371 14 1035 18 256 27 451 42 32115 358 31 160 00 160 00 160 00 160 00 160 00 160 00 150 00 144 80 46 40 160 00 160 00 160 00 160 00 Springfield Fire Marine St Paul Fire Marine Sun Massachusetts Minnesota England 4031788 00 4463378 50 4032229 22 2839310 95 70794 71 63886 85 50357 11 53950 06 32184 36 56663 99 29549 83 19934 41 8839 81 7207 93 1770 89 666 00 707 95 638 87 503 57 Sun Sveg Louisiana 539 50 United States Lloyds Virginia State New York Virginia 8542325 00 942317 00 3422475 00 3272224 00 2410522 00 21111 97 17527 10 35093 58 44761 05 39413 76 13231 09 10201 72 11175 44 22084 38 18263 84 20773 26 967 11 1125 00 50 00 4550 00 330 45 4410 16 211 12 175 27 Canada 350 94 Westchester Williamsburg City Michigan Commercial New York New York Michigan To Jany 1911 447 61 394 14 Rochester German through 37174 46 371 74 Total 415974670 55S 5505043 26 2728535 51 441394 58 16176 85 50447 80 TABLE No 2 Showing Business done by the Old Line Life Insurance Com panies in the State of Georgia for the Year ending January 1st 1912TABLE No 2 Old Line Life Insurance Companies Authorized to Transact Business in this State for the Year 1911Their General Condition is Shown to 1st of January 1912 NAME OF COMPANY STATE Insurance Written During the Year Old Business of Previous Years in Force Premiums Paid Losses Unpaid Losses Insurance Fees Tax on Premiums Aetna LifeAmerican Life Accident ConnecticutMissouri 1219346 00 6282988 00 200928 20 95850 40 7812 00 160 80 53 60 84 80 48 80 39 20 51 20 39 20 35 80 97 80 90 40 48 80 213 20 89 60 87 20 68 00 173 60 63 20 80 00 53 60 75 20 51 20 32 00 89 60 32 00 8480 2009 28 American National Texas 718000 00 895500 00 60815 04 17521 30 2000 00 60 80 American National Virginia Bankers Reserve Nebraska Citizens National Kentucky Ohio 2322546 00 884091 00 61280 99 11675 00 612 81 Columbia Columbian National Commercial Life Ins and Casualty Co Massachusetts Georgia 581037 00 442000 00 292000 00 118500 00 5788000 00 1288000 00 642959 00 487500 00 1519561 00 272000 00 263097 00 901362 00 50397 06 14727 02 56703 30 9517 54 595537 73 463843 05 125567 66 90847 71 117686 43 17668 25 41525 70 2732 74 3290 00 503 97 73 64 Connecticut Mutual Des Moines Connecticut Iowa 1522906 00 230832 00 10503968 00 12669422 00 3015980 00 2526241 00 439165 00 250750 00 925168 00 80025 00 567 03 95 18 Empire Equitable Fidelity Mutual Georgia 107055 31 358379 44 55788 00 14576 00 14206 00 5500 00 6500 00 20500 00 9725 00 595 53 New York Pennsylvania Illinois 4638 43 1255 68 3528 39 6500 00 908 48 Georgia Georgia 117 68 North Carolina New Yoik 176 68 415 26 Hartford New York Illinois 125000 00 1347500 00 1231894 00 1774088 00 49400 87 77562 20 5000 00 24942 00 494 07 Illinois 1000 00 775 62 Missouri Tennessee 1094500 00 403000 00 46309 31 463 09 1 57 Jefferson Standard North Carolina 879000 00 509500 66 50016 78 10000 00 3000 00 500 17 Life Ins Co of Va Manhattan Maryland Masonic Protective Assn Massachusetts Mutual Meridian Metropolitan Michigan Mutual Missouri State Mutuai Benefit Mutual National National New England Mutual New York Northwestern Mutual Pacific Mutual Penn Mutual Phoenix Mutuai Pittsburgh Life Trust Prudential Provident Life Acct Reliance Reserve Loan Ridgeiy Protective Assn Rome Security Security Life Annuity Security Mutual State Mutual State State Mutual Southern National Southern States Southern States Mutual Tr velers Union Central Virginia 2251518 001 2741294 00 161855 94 39788 73 427 85 New York 201500 00 2562513 00 81429 17 65328 00 4013 00 Maryland 173500 00 593800 00 24620 02 2707 15 4285 Massachusetts 349900 00 1644 00 12390 00 7566 33 1838 44 Massachusetts 925035 00 8015566 00 315761 75 107798 00 101 00 628000 00 7811275 00 1266114 00 20903058 00 46688 19 830877 99 4500 00 7415 00 New York 275946 97 717545 00 135000 00 2338336 00 1425895 36 477632 00 12358678 15 54465 09 23852 66 486656 97 16604 00 8000 00 240436 50 New Jersey 8000 00 New York 2818376 60 24430416 60 904375 01 548002 05 15149 00 Illinois 155500 00 1678500 00 1134298 00 2472442 00 1058675 45 4397672 00 3 228 972 00 40778 91 150088 70 136 861 60 19074 68 55582 70 36136 00 1000 00 2000 00 Vermont Massachusetts New York 21671926 00 751745 14 263484 12 12738 00 Wisconsin 2131000 00 18884613 00 478126 85 173750 80 453 00 California 386075 00 1605550 00 64349 59 14216 00 1000 00 Pennsylvania 2109490 00 24193111 00 907442 00 353607 98 24500 00 Connecticut Pennsylvania 202000 00 441498 00 1 905 000 00 71 589 88 8888 00 754586 00 37259 73 32905 00 962 00 New Jersey Tennessee Pennsylvania 1201359 00 148360 00 403200 00 10 618 409 00 376 158 21 99762 21 26 000 00 3 746 20 1934 47 1203295 00 66870 37 20000 00 1000 00 34000 00 296500 00 10095 76 16161 00 120494 72 3148 13 54270 63 5000 00 11164 72 59065 60 Georgia 7571916 00 64000 00 506000 00 2802916 00 34500 00 950946 00 1410 00 North Carolina 10000 00 5000 00 New York 256500 00 1840072 00 61937 72 40188 24 5634 82 Georgia 1994000 00 475000 00 233470 00 10686520 50 5703441 00 1271315 00 439291 66 149797 73 46924 88 149543 76 3500 00 Massachusetts 3000 00 2063354 00 189000 00 219000 00 6210026 00 167 110 OO 288269 29 11 944 79 110052 00 11500 00 West VirginiaConnecticut 4686854 00 160117 20 105517 21 3706 47 Ohio 2327325 00 9908682 00 371841 45 102540 00 31 74 178 40 4160 4160 41 60 56 00 104 00 42800 65 60 58 00 269 40 108 80 51 20 118 40 32 00 209 60 209 35 87 20 254 60 41 60 89 60 161 60 46 40 7 20 63 20 36 80 262 40 60 80 46 40 53 60 135 20 48 80 44 00 46 40 92 00 39 20 195 20 82 40 1618 56 814 29 246 20 123 90 3157 62 466 88 8308 78 544 65 238 53 4866 57 9043 75 407 79 1500 89 1368 62 7517 45 4781 27 1078 94 9074 42 715 89 372 60 3761 58 37 46 668 70 100 96 161 61 602 45 3148 542 71 619 37 2196 45 1497 98 469 25 2883 69 119 45 1601 17 3718 41TABLE No 2Continued Old Line Life Insurance Companies Authorized to Transact Business in this State for the Year 1911Their General Condition is Shown to 1st of January 1912 Union Mutual United States Annuity Volunteer State Maine Illinois Tennessee 22625 94 49 331 50 310160 50 30 106 50 11282 88 2086 37 59134 83 3011 61 1000 00 10000 00 1000 00 36 80 70 40 53 60 112 83 20 86 466 000 on 599 35 Total 66745776 04 254190425 069965386 903822902 06 164778 56 6012 55 90458 32 TABLE NO 3 Showing Business done by Assessment Life Fire and dent Insurance Companies for the Year ending January 1st 1912 AeciTABLE No 3 Assessment Fire Life and Accident Insurance Companies Authorized to Transact Business in this State for the Year 1911 Their General Condition in Georgia is Shown to 1st of January 1912 NAME OF COMPANY STATE Amount of Risks Written During the Year Old Business of Previous Years in Force Premiums Losses Paid Losses Unpaid Insurance Fees Tax on Premiums American Assurance Assn Georgia Georgia 50232 0C 58215 0C 17737 20 5768 96 56 00 56 00 32 00 183 20 219 20 32 00 56 00 20 00 20 00 160 00 160 00 20 00 2000 20 00 60 80 20 00 20 00 160 00 32 00 53 60 160 00 312 80 58 40 48 80 94 40 44 00 17 73 American Life Annuity American Insurance Co Atlanta Mutual Ins Assn 1 Georgia Georgia 537784 0C 26049 50 18071 88 96360 62 133106 55 78683 50 8296 29 8966 25 40490 19 51629 00 32570 23 3138 60 164 86 180 72 96 36 Georgia Georgia 881780 00 283445 00 133 01 78 68 Cherokee Ins Co Georgia Georgia 1782986 66 330 00 82 96 Dallas Mutual Fire Farmers Mutual Georgia 531260 00 4274 92 2510 85 42 74 Farmers CoOperative Georgia Georgia 160000 00 180240 00 1700 00 1129 78 3826 45 1850 00 17 00 11 29 Fire Ins Co of Georgia Georgia Georgia Geoigia 379723 00 524292 00 977585 00 7768 86 56490 39 11024 46 2776 60 24584 93 959 13 77 68 Georgia Mutual Industrial 56 49 110 24 GordoD County Mutual Great American CoOp Guaranty Aid Relief Socy 47 Georgia Georgia Maryland Georgia Georgia 88532 00 138420 00 321930 00 1357297 00 919592 50 78000 00 369000 00 127456 50 2813 44 35695 27 41123 32 7704 381 361402 35 593 00 86458 73 65664 10 i 1351 22 9057 18 28389 25 1000 00 160733 65 560 00 28 13 94981 00 22 01 411 23 Home Mutual 431 03 77 04 361 40 5396600 00 91606 00 5 93 Mut Life Industrial Mutual Benefit Industrial National Life Assn Georgia Georgia 72913 00 22959 35 864 58 65 67 National Assurance Co No Caroiina Mut Prov Assn Pilgrims Health Life Life South Georgia FarmersFire Sunlight Ins Co Southern Live Stock Ins Co Southern Mut Life Assn Union Mutual Assn Union File Ins Co Fire Total Georgia 100 00 No Carolina 75 20 159 20 20 80 20 00 75 20 Georgia Georgia Georgia Georgia Georgia 554390 00 96727 00 883050 00 224216 00 205830 00 152687 24 699 64 18330 50 8358 45 26468 65 146617 28 3685 25 68527 98 301 85 2551 19 4 077 00 152 68 9 03 18 35 83 58 291311 00 20 022 00 26 47 Georgia 61923 73 1975 00 111 20 160 00 146 61 188450 00 36 85 11352943 00 fi 448 037 01 309 Q4fi lfi 634753 59 1485 89 2846 80 3 214 93 TABLE NO 4 Showing Business done by Accident Marine and Surety Com panies in the State of Georgia for the Year ending January 1st 1912TABLE NO 4 Showing Business done by Accident Marine and Surety Com panies in the State of Georgia for the Year ending January 1st 1912 TABLE No 4 Accident Fidelity and Surety Insurance Companies Authorized to Transact Business in this State for the Year 1911 is Shown to 1st of January 1912 Their General Condition NAME OF COMPANY Aetna Acci LiabilityCo Aetna Accident American Casualty Alabama Fid Casualty American Fidelity American Surety American Bonding Amer Credit Indemnity Atlantic Horse Ins Continental Casualty Empire State Surety Employers Indemnity Employers Liabty Assnce Equitable Casualty Fidelity and Casualty Federal Casualty Fidelity and Deposit Frankfort Acci PI Glass General Accident Assn General Bonding Casualty German Commercial Acct Great Eastern Casualty Great Southern Accident Guarantee of No America Hartford Steam Boiler Illinois Surety STATE Connecticut Connecticut Pennsylvania Alabama Vermont New York Maryland New York Rhode Island Indiana New York Pennsylvania England Georgia New York Michigan Maryland Germany Scotland Pennsylvania New York Georgia Canada Connecticut Illinois Amount of Insurance Written During the Year 7544450 00 461906 00 Old Business of Previous Years in Force 99500 00 8709382 00 63000 00 767210 00 733200 00 1669 59 19336977 67 420000 00 4806219 62 1365660 00 5318300 00 407226 00 Premiums 103500 00 1010400 00 1959 25 96000 00 3287492 17 10312733 00 3185563 00 15000 00 3537100 00 818501 98 66000 00 103101 57 7316 31 63043 62 6530 81 863 41 21229 96 20059 81 11011 Losses Paid 5420 11 38689 73 3274 11 43714 70 13698 38 4575 49 31573 58 14259 33 95304 05 11879 38 39773 60 7218 78 56732 97 1464 05 8974 21 19042 05 276 67 19886 21 2414 58 268 26 3426 07 5144 10 12523 19 Losses Insurance Unpaid Fees 140 00 6001 43 90 00 31304 37 3037 42 1515 85 18021 79 7951 77 58743 39 4654 93 5694 49 7467 87 32449 61 50 00 4111 49 3268 26 6800 38 1649 70 1503 47 8985 00 34756 05 432061 125 00 546 50 851 43 35 00 Tax on Premiums 34 40 14 40 70 40 48 20 41 60 288 80 159 20 34 40 36 80 22480 68 00 44 00 63 20 103 20 140 00 72 80 131 60 36 80 108 00 34 40 97 60 58 00 216 80 34 40 130 40 41 60 73 16 630 44 65 31 8 63 212 30 200 59 110 12 83 437 15 136 98 45 75 315 74 142 59 953 04 118 79 397 73 72 19 567 33 14 64 89 74 19 04 2 77 198 86 24 14Interstate Casualty 1 Kansas City Casualty 1 Lloyds Pla te Glass Loyal Protective Assn London Guarantee Acct Maryland Casualty Massachusetts Bonding Masonic Mutual Acct Metropolitan Casualty National Surety Alabama 605128 00 1858 95 334 07 361 88 113 60 34 40 58 40 36 80 101 40 130 40 77 60 39 20 62 40 230 00 63 20 64 60 62 80 198 80 81 80 75 20 48 80 44 00 18 58 1467 71 1789 00 27088 30 110478 77 19049 29 259 26 1278 00 18315 07 59946 78 79 25 14 68 Massachusetts England Maryland Massachusetts 9600 00 5445525 00 3368423 00 2698431 07 39500 00 9427038 00 201850 00 148 50 17 89 270 88 17263 79 1800 30 1104 79 190 49 New York 8004 02 20070 02 3609 90 3080 01 13347 74 1291 58 4446 46 736 83 10498 32 29444 47 3588 07 8821 64 2904 93 72 00 7210 37 80 04 New York 6954427 00 206 79 36 10 National Casualty New York Pinto Glass 257600 00 6046 25 2367 73 16879 98 49941 47 5363 87 16105 38 7684 25 192 72 60 46 23 68 4050350 00 14374 34 3921 57 5093 00 305 72 203 00 625 00 168 79 England 901 12 499 41 Peninsular Casualty Pennsylvania Casualty Preferred Accident Provident Life Accident Florida 53 63 Pennsylvania New York 1685500 00 411900 00 2628840 66 161 05 76 84 3900 86 706 50 20616 47 4745 85 13360 07 131558 89 9431 25 46573 77 63658 24 14958 16 3248 09 97 51 65 60 105 00 200 00 34 40 202 40 39 00 7 07 Standard Accident Thames Mersey Marine Title Guaranty 7283 15 206 17 1934502 00 1916298 50 9823545 00 220000 00 17228150 00 47 46 Pennsylvania Connecticut Connecticut New York 1071310 00 18941013 00 175000 00 3273 15 52537 75 6174 53 34122 88 14956 23 6363 99 8727 25 131 60 Travelers Accident Travelers Indemnity U S Casualty U S Fidelity Guaranty U S Health Accident 1315 59 82 40 92 00 323 20 92 00 97 36 7005 00 7724 89 149 63 465 73 636 58 1160650 0C 149 58 Total 115968643 77 47273864 11 1107860 88 534200 55 125855 27 5054 20 10918 10 TABLE NO 5 Showing the Condition of Fraternal Orders doing Business in the State of Georgia for the Year ending January 1st 1912 TABLE No 5 Fraternal Orders Authorized to Transact Business in this State for the Year 1912 Their General Condition is Shown to December 31 1911 NAME OF COMPANY Atlanta Mutual Burial Assn American Woodmen Columbian Fraternal Assn Citizens Mutual Benefit Society Concord Life Assn Catholic Knights or America Columbian Woodmen Cycle of Equity Farmers Life Confederation Farmers Mutual Life Protective Assn Forest Woodmen Circle Fral ernal Society Fraternal Annuity Assn Fraternal Mystic Circle Fraternal Life Accident Assn Fraternal Life Assn Fraternal Protective Assn Fraternal Union of America Grand Fraternity Homes Friend Homesteaders International Liberty Union Independent Order of Foresters Knights of Columbus Knights of Honor Knights of Industry Knights of Maccabees of the World STATE Georgia Colorado District of Columbia Georgia Georgia Missouri Georgia Alabama Georgia Georgia Nebraska Georgia Georgia Pennsylvania Virginia Georgia Massachusetts Colorado Pennsylvania Georgia Iowa Kentucky Canada Connecticut Missouri Dist of Columbia Michigan ASSETS 51 47 6787 01 2818 74 25 00 605 00 034748 25 379428 61 LIABILITIES INCOME 1750 00 70 90 10 1213 73 802 90 783968 36 188 48 6709 72 441796 56 36896 72 1105 77 38058 24 250196 42 277280 83 464 36 85883 03 16652 67 723798 Oil 192842 81 362829 38 2413 59 464603 26 22424 00 93426 21 132 50 125559 10 10244 16 12586 48 297756 70 94460 89i 3600 00 16084 18 483 07 087086 51 105819 68 469617 71 1694 25 8898 10 3071 61 39 00 6158 20 680430 84 418668 00 EXPENDI TURES 861794 99 10222 13 1342 70 1001200 27 150 96 11792 82 503494 39 48326 00 10156 85 110607 16 436933 49 276282 10 9090 75 227032 57 21987 19 5176965 08 1182719 57 1732751 79 3459 46 5051773 33l 1642 78 9408 44 252 87 39 00 5553 15 637769 65 277594 99 9 5 613 3 534 47 13 102 443 249 8 197 21 3312 801 1544 3 4175 968 25 719 98 679 13 168 78 752 46 911 56 373 24 076 02 684 61 447 49 203 96 836 54 454 07 334 52 777 25 240 26 649 75 046 02 318 19 FEESKnights of the Mystic Ark Knights of Pythias Ladies of the Maccabees Life Benefit Co Masonic Benefit Assn Masons Annuity Masonic Mutual Life Assn Modern Brotherhood of America Modern Order Praetorians M odern Protective Assn Modern Woodmen of America Mutual Burden Bearers Mutual Life Fraternal Assn National Union National Insurance Union National Life Annuity Assn National Fraternal Society of Deaf National Protective Legion Odd Fellows Annuity Order of Heptasophs Order of Puritans Order of Woodmen Peoples Mutual Benefit Assn Retail Merchants Assn Royal Arcanum Royal Benefit Society Sailors Southern Farmers Assurance Southern Mutual Fraternal Union Southern Protective Assn Tribe of Ben Hur United Annuity Assn United Homes of America United Commercial Travelers Union Mutual Life Assn Woodmen of the World Woodmens Circle Total Georgia Dist of Columbia Michigan Georgia Georgia Georgia District Columbia Iowa Texas Pennsylvania Illinois Georgia Georgia Ohio Georgia Georgia Illinois New York Georgia Maryland Pennsylvania Georgia Georgia Georgia Massachusetts Dist of Columbia Tennessee Georgia Georgia Georgia Indiana Georgia Georgia Ohio Georgia Nebraska New York 490340 980344 615 369003 224778 1126545 865869 238607 8652937 6557 2192655 244319 46 153053 48 3750 00 167990 81 297054 70 2455 00 476823 69 2798230 84 1790123 91 2267586 95 1238214 84 3992 61 205899 76 95835 19 496823 67 329512 76 382297 27 3755 50 121017 01 81269 24 328360 44 276290 40 537719 96 13984118 30 12271248 52 1 33068 10816 282903 1086676 40446 3220 886 401359 67218 5355 469 05 1615512 65 230628 15 43279 20 2637743 64 1250 00 20129 92 326564 85 38816 98 245 00 944520 38 15457 10 188784 25 554303 134 12994353 166867 82530016 11 I 210703 27 1142424 93 893 33 20731 41 11539 30 2048495 05 46071 65 2608842 29 16496 49 7448 14 2686766 39 1624819 46 137888 63 2900 35 3873 00 8554139 04 249306 28 9754 91 3011 80 146392221 8667342 40 685960 07 2220 00 609057 66 308982 83 1485302 21 136713 55 1977 34 3891 90 338866 19 251690 83 8361 42 2542 75 1373216 06 584156 07 2085 44 6432552 43 242960 57 64540316 76 55376307 54 640 00 TABLE NO 6 Comparative Table Showing Business done by Insurance Com panies in the State of Georgia for the Years 1900 to 1911 inclusiveTABLE No 6 Comparative Tables Showing Business done by Insurance Companies in the State of Georgia for the years 1900 to 1911 inclusive Amount Insurance in Force Premiums Losses 1900 1900 1900 1900 1901 1901 1901 1901 1901 1902 1902 1902 1902 1902 1902 1902 1903 1903 1903 1903 1903 1904 1904 1904 1904 Fire Life Cooperative Accident Surety and Marine Fire Companies Old Line Life Companies Assessment Life Companies Accident Plate Glass Marine and Surety Com panies Fraternal Orders Fire 179561495 07 92223613 31 7847605 00 76015608 11 231234339 40 Old Line Life Assessment Life Accident Plate Glass Marine and Surety Com panies Fraternal Orders Agents Tax receipted for as fees by mistake Overpayment of fees Fire 132654379 80 4059699 50 106758014 37 234719433 09 140409404 72 4848391 00 101564929 45 Life Cooperative Accident Surety and Marine Fraternal Orders Fire Life Cooperative Accident Surety and Marine 225048844 32 142672751 34 5903650 15 99933279 56 280530212 26 171133881 24 9158245 97 100855541 66 2419054 02 3989954 41 276811 01 260701 94 2799184 25 4096642 951 231899 72 329627 19 1575983 77 148844373 100074 48 122829 96 1543133 1524301 51478 20 42 150316 41 3002653 49 4799931 23 275400 53 382844 05 1379395 44 1843778 09 54375 95 203605 77 3241995 28 1431332 91 5298816 17 1758747 09 303421 89 68363 02 395082 451 201170 42 3535767 42 1336233 95 5980233 56 2302996 62 389008 97 99118 97 508813 32 243934 79 Fees 8514 40 24190 38 32704 78 251200 36385 58 38897 58 780 80 2768 10 3548 90 1396 80 2607 06 4003 86 8839 20 27991 69 36830 89 2989 60 40966 36 43955 96 848 80 2334 58 3183 38 1312 00 220 00 7860 80 3065 60 653 60 1513 60 300 00 30 00 80 8728 00 3117 60 1095 20 1740 80 430 00 9919 60 3640 80 1233 60 1704 00 Taxes Total 3296 25 30007 81 48057 48 2754 00 3828 40 32817 29 53045 59 3034 20 4453 24 35357 67 59802 33 4046 12 5088 13 4608 25 39692 61 51123 08 3407 60 5342 00 41543 29 56163 19 4129 40 5458 57 45287 20 63443 13 5279 72 6792 131904 1905 1905 1905 1905 1905 1906 1906 1906 1906 1906 1907 1907 1907 1907 1907 1908 1908 1908 1908 1908 1909 1909 1909 1909 1910 1910 1910 1910 Fraternal Orders Less Overpayment Fire 274885240 75 Life 197919425 16i CooperativeI 12661243 05 Accident Surety and Marine 99830976 34 Fraternal Orders1 Fire1 3855589 11 2560991 25 6618772 04 3443227 43 267563 37 203285 851 577022 62 248449 44 Life Cooperative Accident Surety and Marinc Fraternal Orders Fire 4281305 95 1659543 25 7337848 96 2665295 69 684149 72 262025 46 666665 49 253657 89 Life Cooperativej Accident Surety and Marine Fraternal Orders Fire i 334459580 65 Life 238257061 62 Cooperative 9281409 70 Accident Surety and Marine 94454929 27 Fraternal Orders Fire 343282602 73 Life 318350105 64 Assessment Life Accident and Fire 12728138 75 Accident Casualty and Surety 106869199 07 4477407 90 2378900 48 7908817 60 2823055 00 797547 52 32094 57 745360 59 276193 55 4651734 69j 2059941 52 8168084 90 2966297 96 778160 07 342838 14 811598 50 351558 73 4763438 20 3165058 46 8439856 531 3302705 44j 916536 78 385864 03i 889676 30 396396 41 410 00 60 10746 40 4112 80 1892 80 1912 80 410 00 12595 40 4235 20 2995 20 1936 60 700 00 14408 20 4220 34 2824 80 2613 60 15525 65 4290 20 1781 01 2922 55j 500 00 17252 44 5102 20 1959 00 3490 20 39125 73 66605 96 4955 58 5779 25 49872 13 70718 76 6848 38 7692 05 41991 47 73537 22 9960 93 6036 78 45473 82 79115 51 7783 74 8122 18 460 00 46517 16 81820 74 7697 62 8021 37 59882 02 83335 85 10108 54 10735 78 62042 81 86110 94 9478 63 10943 92 47632 92 64885 36 84398 60 89500 80 9214 00 11173 00 8884 14 12374 34 NAME OF COMPANY Insurance in Force Fire Life Assessment Companies Accident Casualty and Surety 398735304 29 609499315 20 26249809 41 120670025 78 Premiums Losses Paid 5348056 40 2524704 85 Losses Unpaid Fees Tax 8703437 12 1210107 20 1024291 26 3071620 86 650344 19 441788 09 297391 27 206479 83 11500 00 183797 96 14985 00 48628 48 5593 80 84075 59 4152 60 4769 94 4612 80 9953 47TABLE NO 6Continued Comparative Tables Showing Business done by Insurance Companies in the State of Georgiafor the years 1900 to 1911 inclusive NAME OF COMPANY 1911 Fire Co 1911 I Old Line LifeIIIII 1911 Assessment Life 1911 I Accident Casualty and Surety Insurance in Force Premiums 415974670 55 5505043 26 320936201 10 9965386 90 17800980 50 1392946 05 103242507 88 1107860 88 Losses Paid 2728535 51 3822902 06 534753 59 534200 55 Losses Unpaid 441394 58 164778 56 1485 89 125855 27 Fees 16176 85 6012 55 2846 80 5054 20 Tax 50447 80 90458 32 3214 93 10918 10INDEX A ADIRONDACK FIRE INSURANCE COMPANY OP NEW YORK 8 Statement of ETNA ACCIDENT AND LIABILITY COMPANY CONNECTICUT 729 Statement of TNA LIFE INSURANCE COMPANY OP CONNECTICUT 328 Statement of a LIFE INSURANCE COMPANY OP HARTFORD CONNECTICUT 733 Statement of TNA INSURANCE CO CONNECTICUT 4 Statement of AGRICULTURAL EIRE INSURANCE CO OP WATERTOWN N Y 26 Statement of ALABAMA FIDELITY AND CASUALTY CO MONTGOMERY ALA 713 Statement of ALLIANCE INSURANCE COMPANY OF PENNSYLVANIA 11 Statement of AMERICAN ASSURANCE ASSOCIATION OF ATLANTA GA 656 Statement of AMERICAN BONDING COMPANY OF BALTIMORE 725 Statement of AMERICAN CASUALTY COMPANY READING PA 709 Statement or AMERICAN CENTRAL INSURANCE COMPANY OF ST LOUIS MO 15 Statement or AMERICAN LIFE AND ANNUITY CO OF GEORGIA 660 Statement or AMERICAN LIFE AND ACCIDENT INS CO OF MISSOURI 335 Statement of 966 ComptrollerGenerals Eeport AMEEICAN DRUGGISTS FIRE INSURANCE CO OF CINCINNATI OHIO Statement of no AMEEICAN HOME FIEE INS CO GBEENVILLE S O Statement of 01 AMEEICAN CEEDIT INDEMNITY COMPANY OF NEW YORK Statement of AMEEICAN FIDELITY COMPANY OF VERMONT Statement of 7 a AMEEICAN FIEE INS CO OF NEWARK N j Statement of AMEEICAN INSURANCE COMPANY OF SAVANNAH GA Statement of AMERICAN NATIONAL INSUEANCE CO OF TEXAS Statement of 7 AMEEICAN NATIONAL LIFE INSUEANCE COMPANY OF LYNCH BUEG VA Statement of 342 AMEEICAN SURETY COMPANY OF NEW YOEK Statement of 91 AMEEICAN UNION FIEE INS CO OF PHILADELPHIA PA Statement of oc ATHENS MUTUAL FIEE INSUEANCE COMPANY OF ATHENS GA Statement of ATLANTA HOME FIEE INSUEANCE COMPANY OF ATLANTA GA Statement of 08 ATLANTIC HORSE INSUEANCE CO BHODE ISLAND Statement of ATLANTA MUTUAL INSUEANCE ASSOCIATION OF ATLANTA GA Statement of 660 ATLANTIC NTIONAL FIRE INSURANCE CO OF MACON GA Statement of ComptrollerGenerals Report 967 ATLAS ASSURANCE COMPANY LTD LONDON ENGLAND 35 Statement of AUGUSTA FIRE INS CO AUGUSTA GA 41 Statement of B BANKERS HEALTH AND LIFE INSURANCE CO OF MACON GA 663 Statement of BANKERS RESERVE LIFE CO OF OMAHA NEB 346 Statement ot BOSTON FIRE INS COMPANY BOSTON MASS 43 Statement of BRITISH AMERICA ASSURANCE CO TORONTO CANADA 47 Statement 01 0 CASUALTY DEPT GEORGIA LIFE INS CO OF MACON GA 791 Statement of CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH 50 Statement of CASUALTY DEPARTMENT GEORGIA LIFE INS CO 812 Statement 01 CHEROKEE INSURANCE COMPANY ROME GA 666 Statement or CITIZENS FIRE INSURANCE COMPANY OF MISSOURI 52 Statement or CITIZENS NATIONAL LIFE INS CO OF ANCHORAGE KY 350 Statement ot CITY OF NEW YORK FIRE INS CO N Y 56 Statement of COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GA 62 Statement of COLUMBIA LIFE INS CO OF CINCINNATI OHIO 355 Statement of 968 ComptrollerGeneral s Eeport COLUMBIA NATIONAL LIFE INSURANCE CO OF MASSACHUSETTS Statement of 3gl COLUMBIA INSURANCE COMPANY OF JERSEY CITY N J Statement of 59 COMMERCIAL FIRE IN CO OF THE DISTRICT OF COLUMBIA Statement of g5 COMMERCIAL LIFE INS AND CASUALTY CO OF GEORGIA Statement of qg7 COMMERCIAL INS CO OF THE DISTRICT OF COLUMBIA Statement of gr COMMERCIAL UNION ASSURANCE COMPANY LTD OF LONDON Statement of q COMMONWEALTH INS CO OF NEW YORK Statement of CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD Statement of nri 79 CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF HART FORD CONN Statement of CONTINENTAL AID ASSOCIATION OF ATLANTA GA Statement of 664 CONTINENTAL CASUALTY COMPANY OF INDIANA Statement of 747 CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK Statement of 74 D DALLAS MUTUAL FIRE INS CO OF DALLAS GA Statement of 668 DELAWARE INSURANCE COMPANY PHILADELPHIA PA Statement of 83 DES MOINES LIFE INSURANCE COMPANY OF IOWA Statement of 376ComptbolleeGenebals Report 969 DIXIE FIRE INSURANCE COMPANY OE GREENSBORO N O 87 Statement of E EMPIRE CITY EIRE INS CO OF N Y 94 Statement of EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GA 381 Statement ot EMPIRE STATE SURETY COMPANY OF NEW YORK 758 Statement 01 EMPLOYERS INDEMNITY COMPANY OF PHILADELPHIA 751 Statement ot EQUITABLE CASUALTY CO OF ATLANTA GA 764 Statement ot EQUITABLE FIRE INSURANCE COMPANY OF CHARLESTON S 0 90 Statement ot EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES OF NEW YORK 386 Statement ot F FARMERS COOPERATIVE FIRE INSURANCE CO OF GEORGIA 669 Statement of FARMERS MUTUAL FIRE INSURANCE COMPANY OF GEORGIA 668 Statement ot FARMERS MUTUAL INSURANCE ASSOCIATION OF GORDON CO GA 670 Statement of FARMERS PROTECTIVE FIRE INSURANCE CO OF GEORGIA 672 Statement of FEDERAL FIRE INSURANCE COMPANY JERSEY CITY N J 96 Statement oi FIDELITY AND CASUALTY COMPANY OF NEW YORK 785 Statement ot 970 ComptrollerGeneral s Eeport FEDERAL CASUALTY COMPANY OP MICHIGAN Statement of 768 FIDELITY AND DEPOSIT COMPANY OF MARYLAND Statement of 770 FIDELITY FIRE INSURANCE COMPANY OF NEW YORK Statement of FIDELITY MUTUAL LIFE INSURANCE CO OF PHILADELPHIA Statement of 393 FIDELITYPHENIX FIRE INSURANCE CO N Y Statement of 99 FIRE ASSOCIATION OF PHILADELPHIA PA Statement of 104 FIRE INSURANCE COMPANY DALLAS GA Statement of 643 FIREMENS FIRE INSURANCE COMPANY OF NEWARK N J Statement of Ill FIREMENS FUND INSURANCE COMPANY OF SAN FRANCISCO CAL Statement of 107 FITCHBURG MUTUAL FIRE INSURANCE CO MASS Statement of 114 FRANKLIN FIRE INS CO OF PHILADELPHIA PA Statement of 117 FRANKLIN FIRE INSURANCE CO WASHINGTON D C Statement of 120 FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL Statement of 399 a GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION LTD OF PERTH SCOTLAND Statement of gosComptkollebGeneeal s Report 971 GENERAL BONDING AND CASUALTY INS CO OF DALLAS TEXAS Statement of 803 GEORGIA FIRE INSURANCE CO OF POLK COUNTY GA Statement of 126 GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA Statement of 123 GEORGIA LIFE INSURANCE COMPANY OF MACON GA Statement of 404 GEORGIA MUTUAL FIRE INSURANCE CO DUBLIN GA Statement of 675 GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE CO OF AUGUSTA GA Statement of 673 GERMAN ALLIANCE FIRE INSURANCE COMPANY OF NEW YORK Statement of 132 GERMANAMERICAN THE INSURANCE COMPANY OF NEW YORK CITY Statement of 135 GERMAN COMMERCIAL ACCIDENT COMPANY OF PHILADELPHIA PA Statement of 800 GERMAKIA FIRE INSURANCE COMPANY OF NEW YORK Statement of 138 GERMANIA LIFE INSURANCE COMPANY OF NEW YORK Statement of 412 GERMAN MUTUAL FIRE INSURANCE CO OF SAVANNAH GA Statement of 676 GIRARD FIRE AND MARINE INSURANCE COMPANY OF PHILADEL PHIA PA Statement of 129 GLENS FALLS INSURANCE COMPANY OF GLENS FALLS N Y Statement of 142972 ComptrollerGenerals Report GLOBE RUTGERS FIRE INSURANCE CO N Y Statement of 244 GREENSBORO LIFE INSURANCE COMPANY OF GREENSBORO N C Statement of 4qo GREAT AMERICAN COOPERATIVE EIRE ASSOCIATION OF MACON BIBB COUNTY GA Statement of aro GREAT EASTERN CASUALTY AND INDEMNITY COMPANY OF NEW YORK Statement of on GREAT SOUTHERN ACCIDENT AND FIDELITY CO ATLANTA GA Statement of 7QQ GUARANTY AID AND RELIEF SOCIETY OF SAVANNAH GA Statement of oon bou GUARANTEE COMPANY OF NORTH AMERICA CANADA Statement of Sb H HAMBURGBREMEN FIRE INSURANCE CO HAMBURG GERMANY Statement of HANOVER FIRE INSURANCE COMPANY OF NEW YORK Statement of 151 HARTFORD LIFE INS CO OF CONNECTICUT Statement of 417 HARTFORD LIFE INSURANCE COMPANY OF HARTFORD CONN Statement of 154 HARTFORD STEAM BOILER INSPECTION AND INSURANCE COM PANY OF CONNECTICUT Statement of 816 HOME MUTUAL FIRE INSURANCE CO GEORGIA Statement of 684 HOME FRIENDLY SOCIETY OF BALTIMORE MD Statement of 682CompteolleeGenebals Kepokt 973 HOME INSURANCE COMPANY OF NEW YORK Statement of 15 HOME LIFE INSURANCE COMPANY OP NEW YORK 429 Statement of I ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO Statement of 428 ILLINOIS SURETY COMPANY CHICAGO ILL 822 Statement of INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF AT LANTA GA Statement of 685 INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA Statement of 163 INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA Statement of 167 INTERNATIONAL LIFE INSURANCE COMPANY OF ST LOUIS MO Statement of 437 INTERSOUTHERN LIFE INS CO OF KY Statement of 433 INTERSTATE CASUALTY COMPANY BIRMINGHAM ALA Statement of 8I9 INTERSTATE LIFE AND ACCIDENT CO OF CHATTANOOGA TENN Statement of 826 J JEFFERSON STANDARD LIFE INSURANCE COMPANY OF NORTH CAROLINA Statement of 441 K KANSAS CITY CASUALTY CO OF KANSAS CITY MO Statement of 829974 ComptrollerGenerals Beport L LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND Statement of 443 LIVEBPOOL AND LONDON AND GLOBE INSURANCE COMPANY OF LIVERPOOL ENGLAND Statement of jg LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK Statement of LONDON ASSURANCE CORPORATION OF LONDON ENGLAND Statement of LONDON GUARANTEE AND ACCIDENT CO LTD OF LONDON ENGLAND Statement of r0 LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF LIV ERPOOL ENGLAND Statement of LOYAL PROTECTIVE INSURANCE COMPANY OF MASSACHUSETTS Statement of 840 LUMBER MUTUAL FIRE INSURANCE COMPANY OF BOSTON MASSA Statement of 187 LUMBERMENS MUTUAL INS CO OF MANSFIELD OHIO Statement of 193 LUMBER UNDERWRITERS FIRE INSURANCE COMPANY OF NEW 1 U Ivlv Statement of 190 LUMBER tNSURANCE COMPANY OF NEW YOIIK Statement of 185 M MANHATTAN LIFE LNSUBANCE OMPANY OF NEW YORK Statement of 450 MABYLAND CASUALTY COMPANY OP BALTIMORE Statement of 848ComptrollerGenerals Report 975 MARYLAND LIFE INSURANCE COMPANY OF MARYLAND 457 Statement of MASSACHUSETTS BONDING AND INSURANCE COMPANY OP BOS TON 856 Statement of MASSACHUSETTS EIRE AND MARINE INS CO OP BOSTON MASS 195 Statement of MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF SPRINGFIELD 466 Statement of MASONIC PROTECTIVE ASSOCIATION OF WORCESTER MASS 463 Statement of MASONIC MUTUAL ACCIDENT CO OF SPRINGFIELD MASS 854 Statement of MERCANTILE MUTUAL INSURANCE COMPANY OF PROVIDENCE R I 198 Statement of MERCHANTS LIFE ASSOCIATION BURLINGTON IOWA 687 Statement of MERIDIAN LTFE AND TRUST COMPANY OF INDIANA 472 Statement of METROPOLITAN CASUALTY INSURANCE COMPANY OF NEW YORK 860 Statement o METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK 476 Statement of MICHIGAN MUTUAL LIFE INSURANCE COMPANY DETROIT 484 Statement 01 MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF WIS CONSIN 200 Statement or MISSOURI STATE LIFE INSURANCE COMPANY OF ST LOUIS MO 489 Statement of 96 ComptrollerGeneral s Eeport MUTUAL BENEFIT LIFE INSURANCE COMPANY OF NEW JERSEY Statement of 494 MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION OF GEORGIA SAVANNAH GA Statement of 691 MUTUAL LIFE INDUSTRIAL ASSOCIATION OF GEORGIA ATHENS Statement of 689 MUTUAL LIFE INSURANCE COMPANY OF NEW YORK Statement of 500 N NATIONAL ASSURANCE CO ATLANTA GA Statement of 695 NATIONAL CASUALTY COMPANY OF MICHIGAN Statement of 864 NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN Statement of 205 NATIONAL HOME FIRE INS CO OF POLK COUNTY GA Statement of 205 NATIONAL LIFE ASSOCIATION DBS MOINES IOWA Statement of 693 NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY NASH VILLE TENN Statement of 867 NATIONAL LIFE NSUBANCE COMPANY MONTPELIER VERMONT Statement of NATIONAL LIFE NSURANCE COMPANY OF CHICAGO ILLl Statement of 507 NATIONAL SURETY COMPANY OP NEW YORK Statement of 872 NATIONAL UNION FIRE INSUR4NCP rmrDv lou liAAiji COMPAs V OF PTTTSTiTTRr PENNSYLVANIA FU TSBUBG Statement of 208ComptrollerGenerals Report 977 NEW BRUNSWICK FIRE INSURANCE COMPANY OF NEW BRUNS WICK N J 211 Statement of NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF BOSTON MASS 519 Statement of NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESTER N H 215 Statement of NEW YORK LIFE INSURANCE COMPANY OF NEW YORK 525 Statement or NEW YORK PLATE GLASS INS CO N Y 870 Statement or NIAGARA FIRE INSURANCE COMPANY OF NEW YORK 218 Statement or NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF ILLI NOIS 877 Statement of NORTH CAROLINA MUTUAL AND PROVIDENT ASSOCIATION DUR HAM N C 695 Statement or NORTH RIVER FIRE INSURANCE COMPANY OF NEW YORK CITY N Y 233 Statement or NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF WIS CONSIN MILWAUKEE 532 Statement of O OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED OF LONDON ENGLAND 880 Statement or ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN Statement of 978 ComptrollerGenerals Report p PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA Statement of 530 PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA Statement of cog PALATINE INSURANCE COMPANY LTD OF LONDON ENG Statement of 240 PENINSULAR CASUALTY COMPANY OF FLORIDA Statement of 90 PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA Statement of 557 PENNSYLVANIA CASUALTY COMPANY SCRANTON Statement of oqq PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILADELPHIA Statement of 043 PENNSYLVANIA LUMBERMANS MUTUAL FIRE IN CO OF PHILA DELPHIA Statement of 040 PEOPLES NATIONAL FIRE INS CO OF WILMINGTON DEL Statement of a PHOENIX LIFE INSURANCE COMPANY OF HARTFORD CONNECTI CUT Statement of o PHCENIX MUTUAL LIFE INSURANCE COMPANY OF CONNECTICUT Statement of 564 PILGRIM HEALTH AND LIFE INSURANCE COMPANY OF AUGUSTA GEORGIA Statement of 097 PITTSBURG LIFE TRUST COMPANY PITTSBURG PA Statement of 071 PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK Statement of iMHHHHHHHHH ComptrollerGenerals Eeport 979 PROVIDENCE WASHINGTON INSURANCE COMPANY OP PROVI DENCE R I Statement of 259 PROVIDENT LIPE AND ACCIDENT INSURANCE COMPANY OF CHATTANOOGA TENN Statement of 546 PRUDENTIAL INS CO OP AMERICA NEWARK N J Statement of 548 Q QUEEN INSURANCE COMPANY OP AMERICA NEW YORK Statement of 262 R RELIANCE LIPE INSURANCE COMPANY PITTSBURG PA Statement of 576 RESERVE LOAN LIPE INSURANCE COMPANY OP INDIANAPOLIS INDIANA Statement of 580 RIDGLEY PROTECTIVE ASSOCIATION WORCESTER MASS Statement of 584 ROCHESTER GERMAN PIRE INSURANCE COMPANY OP ROCHES TER N Y Statement of 265 ROME INSURANCE COMPANY ROME GA Statement of 587 ROYAL CASUALTY COMPANY OP ST LOUIS MO Statement of 903 ROYAL EXCHANGE ASSURANCE CORPORATION OF LONDON Statement of ROYAL INDEMNITY COMPANY OF NEW YORK N Y 902 Statement o S SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OF EDIN BURGH SCOTLAND 277 Statement or 980 CompteollebGenebals Bepoet SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CON NECTICUT Statement of g80 SECURITY LIFE AND ANNUITY INSURANCE COMPANY GREENS BORO N C Statement of SECURITY LIFE INSURANCE COMPANY OF AMERICA Statement of 590 SECURITY MUTUAL LIFE INSURANCE COMPANY OF NEW YORK Statement of 599 SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OF THOM ASVILLE GA Statement of 699 SOUTHERN LIVE STOCK INS CO OF DALLAS GA Statement of 702 SOUTHERN STATES FIRE INS CO ATHENS GA Statement of 704 SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS GEORGIA Statement of 284 SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF WEST VIRGINIA Statement of 625 SOUTHERN STATES LIFE INSURANCE COMPANY OF ALABAMA Statement of 621 SOUTHERN STATES FIRE AND CASUALTY INS CO OF BIRMING HAM ALA Statement of 286 SOUTHERN STATES FIRE INS CO ATHENS GA Statement of 905 SOUTHERN NATIONAL LIFE INS CO OF KENTUCKY Statement of 6irCompteolleeGeneeals Kepoet 981 SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF SPRINGFIELD MASS 288 Statement 01 STANDARD ACCIDENT INSURANCE COMPANY OF MICHIGAN Statement of STATE LIFE INSURANCE COMPANY INDIANAPOLIS INDIANA Statement of STATE MUTUAL LIFE ASSURANCE COMPANY WORCESTER MASSA CHUSETTS Statement of 61S STATE MUTUAL LIFE INSURANCE COMPANY OF ROME GEORGIA Statement of 604 ST PAUL FIRE AND MARINE INSURANCE COMPANY OF ST PAUL MINNESOTA Statement of 292 SUBSCRIBERS AT UNITED STATES LLOYDS MARINE INSUR ANCE UNDERWRITERS OF NEW YORK CITY Statement of 310 SUNLIGHT INSURANCE COMPANY OF ATLANTA GEORGIA Statement of 700 SUN FIRE INSURANCE COMPANY OF NEW ORLEANS LA Statement of 2 SVEA FIRE AND LIFE INS CO OF GORTHENBURG ENG Statement of 303 T TITLE GUARANTY AND SURETY COMPANY OF SCRANTON PA Statement of 911 TRAVELERS INDEMNITY CO OF HARTFORD CONN Statement of 917 TRAVELERS INSURANCE COMPANY OF CONNECTICUT Statement of 922 TRAVELERS INS CO OF HARTFORD CONN Statement of 630 982 ComptrollerGenerals Report T THE jETNA ACCIDENT AND LIABILITY CO CONN Statement of 743 U UNION CENTEAL LIFE INSUKANCE COMPANY OP OHIO Statement of 535 UNION PIEE INSURANCE COMPANY OF ATLANTA GEORGIA Statement of ynj UNION MARINE INSURANCE COMPANY LTD OF LIVERPOOL ENGLAND Statement of 03 UNION MUTUAL ASSOCIATION OF ATLANTA GA Statement of ygr UNION MUTUAL LIFE INSURANCE COMPANY OF MAINE Statement of UNITED STATES ANNUITY AND LIFE INSURANCE COMPANY CHI CAGO ILL Statement 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