umsamaBBBgBi THE LIBRARY OF THE UNIVERSITY OF GEORGIAMiwHiimBiiiiiiBffl STATE CAPITOL ATLANTAREPORT OF THE Insurance Department R OF THE COiMPTROLLrlR GLNLRAL5 OFFICE FOR THE YEAR ENDING DECEMBER 31 1912 Atlanta Ga Chas F Byrd State Printer 1913 THE GENERAL LIBRARY THE UNIVERSITY OF GEORG GEORGIAREPORT INSURANCE DEPARTMENT OF THE STATE OF GEORGIA Atlanta Georgia January 1st 1913 To Bis Excellency Joseph M Brown Governor Sir As is required by law I have the honor to trans mit herewith the twenty fifth annual report of the Depart ment for the year ending December 31st 1912 The report herewith submitted contains abstracts from the annual statements showing the conditions of the various corporations associations and fraternal orders authorized to transact an insurance business in this State and the business transacted by them for the calender year ending December 31st 1911 a statement of the receipts and expenditures of the Department from August 19th to December 31st 1912 inclusive and such other informa tion relating to insurance as is deemed to be of general interest It is interesting to follow the growth of the business of insurance in Georgia through the past few decades Prior to October 24th 1887 the legal requirements were few and there was no supervision of the business The Insurance Act of 1887 made the Comptroller General the Insurance Commissioner and charged him with the execu tion of the laws enafte THE GENERAL LIBRARY THE UNIVERSITY OF GEORGIA ATHENS GEORGIAvi ComptrollerGenerals Eeport Life Companies The Comptrollers Eeport for the year 1884 shows that fifteen Life Companies were doing business in the State during the year 18837ajtKMl Jlirtatal amount of insur ance in force was 9098822 The total premium receipts amounted to 29682352 and the death losses paid amoun ted to 18515007 The Eeport for 1894 shows 27 Companies operating with a total of 69931265 insurance outstanding with premium receipts amounting to 237524422 By the end of the following ten years the number of Companies operating had increased to 41 the amount of insurance in force to 142672751 with premium receipts aggregating 529881617 59 Life Companies reported to the Department for the vear ending December 31st 1912 and show business in Georgia as follows 8J0Bj New Business Produced 60041061 Total Unsiness in M WffflM Total ITcnmnns Received 10646253 Fire and Fire axi Marine Companies The Comptrollers Keport for the year 1884 shows that for the vear 1883 there were 45 Companies doing a Fire and Fire and Marine business in the State Ine premiums received by these Companies amounted to 1 41214848 and the total losses paid were 139307001 The Keport shows that for the year 1893 the number 4 1 1 A CC Al of Companies reporting had increased to 55 the premium receinls amounted to 190170832 and the losses paid totaled 104335351 The Report shows that during the year 1903 56 Com panies were doing business and the premiums collectedComptrollerGenerals Report vii amounted to 319542559 with the loss payments totaling 143133291 For the year ending December 31st 1912 101 Fire Companies reported to the Department and the Gross Premiums on Risk Written amounted to 701743900 while the losses incurred amounted to 320961000 18 Companies reported as doing a Marine and Inland busi ness with the gross premiums on risks written amount ing to 49608000 and losses incurred totaling 505959 ni ooe ddiw 889iii Miscellaneous Companies The development of the business of the companies classified under this head has been most remarkable The report shows that during the year 1883 only 4 such com panies were operating in the State and that their prem ie income amounted to only 433717 and the uhsburse ment for losses totaled only 4194 At the end of the following decade 22 companies reported with an aggregate premium uicome of W 95695 and the losses paid amounted to 1433291 The Report shows that the number of companies operating during 1903 had increased to 33 with premiums collected amounting to 39508245 and the losses paid aggregated 20117000 For the year ending December 311 1912 5 cocaines reported with premiums received amouutmg to 141 M00 and gross losses paid totaling 6493800 ZZ d noh AssessmentCompanies 9 9M oi iDurino the period between 1883 and 1893 Assessment Life Health and Accident Companies as well as Fraternal Sobers and Societies entered the field and the Comp lferReportrforifee year 1894 shows 29 of these com panies doing business during m year 1S93with tasm Vlll ComptrollerGenerals Report merits collected totaling 24015465 and payments for losses amounted to 9992754 At the end of the following decade the report shows 21 of these organizations doing business with assessment collections amounting to 30342189 and the loss pay ments total 6836302 The Reports filed as of December 31st 1912 show 13 assessment Life Health and Accident Companies operat ing as industrial Companies and collecting an aggregate of 147458900 in premiums or assessments and three Assessment Companies doing a straight life business with insurance in force amounting to 234248200 The reports filed in the Department as of December 31st 1912 show that there was 4 assessment fire com panies operating on the four county plan and the prem iums or assessments collected amounted to 3726200 There was also 6 fire companies operating under what is known as the Farmers Cooperative Plan whereby all the property both real and personal of the assured is pledged as security for any and all losses that occur and the assessments collected by these companies amounted to 2468700 Fraternal Orders or Societies Prior to the enactment of the Insurance Act of August 19th 1912 these Orders or Societies reported to the De partment but were not subject to any thing like strict supervision 64 of these orders qualified to do business in the State during the Year 1912 and the entrance or membership fees and assessments collected amounted to over 1000000 From 1883 to 1913 a period of thirty years very large increases have been made in the State in all lines of the insurance business The total number of CompaniesComptrollerGenerals Beport IX doing business have increased from 60 to 325 the number of authorized agents have increased from 1031 to over 14000 and the revenue of the State derived from fees and taxes on premiums has increased from 2031784 to 184 130 55 The total fire insurance premiums paid have grown from 141214846 to 701743900 the amount of life insurance in force from 909882200 to the enormous amount of 33723040300 The miscellaneous companies are now collecting in premiums 141556800 where for mally they collected only 433717 The assessment companies doing a life health and accident business have come into existence and their business in force now totals aproximately 1800000000 which nets in assessments over 140000000 and the dues and membership fees from fraternal insurance now total over 100000000 The large increase in volume of business has not been confined to any particular class of companies the growth has been quite general and insurance of every character is today in public demand Fire Inspector On October 1st 1912 a call was made upon all fire insurance companies operating in the State to remit a tax of one tenth of one per cent of the premiums reported for taxation as of April 30th 1912 Capt W B Joyner was duly appointed to the position of fire inspector and all fires of a questionable origin have been investigated Up to and including December 31st 1912 reports of the investigation of five fires had been made and the fund to defray the expense of these investigations was as follows towitx ComptrollerGenerals Report 13965 8359 in the hands of W E e accounted for 565827 22324 Income Total Taxes Collected Disbursements Salaries and per diem paid to inspectors Traveling Expenses of inspectors lo 1 Cash Balance Resources Balance in American National Bank Atlanta Ga Advance for Traveling Expenses Invner Fire Inspector to b i cria rrd 11 Total Balance 543503 Department Expenses The act of August 19th 1912 requires that a record of the expenses of the Department shall be kept and included in this Report In this connection the following statement is submitted from August 19th 1912 to Decem ber 31st 1912 inclusive 543503 543349 154 Postage Printing OLVe Fixtures B jilli Btartiionery 16500 135902 8450 3825 1771 262520 428968 lmiacntlU Salaries bflfi jo Tohll lo ajio afl an Departmental Examinations It has been the policy of the Department for some time past to examine each Domestic Company at least once every two years and in most instances examinations have been conducted annually Below is a Table showing the examinations conducted from August 19th up to the end of the year 1912CompteollebGeneeals Eepokt XI Name of Company OFFICERS Cherokee Life Ins CoRome Ga Cosmopolitan Atlanta Life Ga Cotton States Atlant Fire Ga Georgia LifeMacon Ga President W W MaagumI C L Anderson Harvie Jordan W E Small Secretary G K Henshal J S Hollinshead W L Reynolds L A Shepherd Date of Examination Nov 30 1912 Dec 23 1912 Oct 23 Nov 30 1912 1912 Examiner H W Buttolph Jno A Copeland Geo N Spring H W Buttolph Companies Taken Chabge oe by the Depabtment A special investigation conducted by Jno A Cope land Deputy Insurance Commissioner into the affairs and conditions of the Cosmopolitan Life Insurance Com pany of Atlanta Georgia as of September 25th 1912 resulted in the Department making application to the Fulton Superior Court through the Attorney General for the possession of the property of the company as is provided in Section 29 of the insurance act of August 191912 On December 231912 the petition was granted by the court and the department took charge of and receipted for the assets and business of the company Immediately further investigations were started with a view to determine what recommendations should be made to the Court as to the final disposition of the affairs of this Company Peemitjm Tax Section 979 of the Code of 1910 provides that all in surance companies shall file with the Department a schedule of their gross premiums collected during each year ending April 30th and at the same time a tax of one per cent upon these premiums is payable Since the en actment of the insurance act of August 19th 1912 the department has adopted what is commonly known as the convention form of annual statement blanks which re quires that these premiums be sent forth as of December 31st the date of the financial report For this reasonXll ComptbollebGenebals Repobt and for the further reason that the State is most generally m need of funds at the beginning of each year I would recommend the amendment of this Section so as to make the date of payment of these taxes correspond with the date of the annual statements that is of December 31st The Insubance Act of 1912 Immediately upon the enactment of what is commonly termed the insurance act of 1912 a deputy commissioner and an additional clerk was appointed and the depart ment organized Every possible effort has been made to carry into effect the provisions of this act and it is be lieved that the results obtained demonstrate the wisdom of its enactment and show fully that it remedies the evils m the business which it was intended to deal with Several of its Sections which prohibit certain kind of transactions should be amended so as to attach a penalty which would serve to make these particular sections very much more effective J Respectfully William A Weight tT A n Insurance Commissioner JNO A COPELAND Deputy CommissionerComptrollerGeneral s Eeport Xlll The following Fire Insurance Companies having com plied with the laws of Georgia are authorized to transact business in this State for the year 1912 Aachen Munich 84 William St New York Aetna Fire Hartford Conn Agricultural Fire 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 0 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 Camden Insurance Co Camden N J Citizens Fire St Louis Mo Citizens of W Va Baltimore Md 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 District of Columbia Washington D C Continental 46 Cedar St New York Connecticut Fire Hartford Conn Delaware Insurance Co Philadelphia Pa Dixie Fire Greensboro N C Empire City Fire New York N Y Equitable Fire of Providence E I 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 Home Columbus Ga Georgia Fire Cedartown Ga Girard Fire and Marine Insurance Co Philadelphia Pa German Alliance New YorkXIV ComptrollerGenerals Eeport GermanAmerican 115 Broadway New York Germania Fire 117 Broadway New York 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 Co of North America 232 Walnut St Philadelphia Pa Insurance Company State of Pennsylvania 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 Na Home Ins Co 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 Penn Millers Mut Wilkes Barre 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 Royal Liverpool England Louisville Ky Royal Exchange 92 William St New York Savannah Fire Savannah Ga Scottish Union and National U S B 222 Conn Security Fire New Haven Conn Southern Mutual Athens Ga Asylum St HartfordComptrollekGenerals Eepoet XV Southern States Fire Birmingham Ala Standard Fire Hartford Conn Springfield Fire and Marine Springfield Mass St Paul Fire and Marine St Paul Minn Svea Fire Stockholm Sweden Sun Insurance Office England 54 Pine St New York Sun Fire Insurance Co New Orleans La Union Marine N Y United Fireman Philadelphia Pa United States Fire N Y United States Lloyds New York N Y Virginia State Richmond Va Western and Atlantic Fire Nashville Tenn Western Assurance 22 Wellington St Toronto Canada Westchester Fire 27 and 29 Pine St New York Williamsburg City Fire 150 Broadway New York Yorkshire Fire New York City The following Life Insurance Companies havingcomplied with the laws of Georgia were authorized to transact business in the State for the year 1912 Aetna Life Hartford Conn American Central of Ind Indianapolis Ind American Life and Accident Salisbury Mo American National Life Galvesfon Texas American National Life Lynchburgh Va Amicable Life Waco Tex Bankers Reserve Life Omaha Neb Cherokee Life Ins Co Rome Ga 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 Cosmopolitan Life Atlanta Ga 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 YoTk Illinois Life Chicago 111 Indiana National Life Indianapolis Ind InterSouthern Life Louisville Ky International Life St Louis Mo Interstate Life and Accident Chattanooga TennXVI ComptrollerGeneral s Eepoet 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 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 National Life and Accident Nashville Tenn National Life of IT S A 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 Milwaukee Wis Pacific Mutual Life San Francisco Cal 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 Provident Life and Accident Co Chattanooga Tenn 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 Rome 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 Southern Life Nashville Tenn Travelers Life Insurance Co 56 Prospect St Hartford Conn Union Central Life 243 West Fourth St Cincinnati 0 United States Annuity and Life Insurance Co Chicago Illinois Volunteer State Life Chattanooga Tenn Sts The following Assessment Fire Life and Accident Insurance Com panies having complied with the laws of Georgia were authorized to transact business in the State for the year 1912 American Insurance Company life Savannah Ga American Life and Annuity Atlanta Ga Atlanta Mutual Insurance Association life Atlanta Ga ComptrollerGenerals Report Bankers Health and Life Insurance Co Macon Ga Continental Aid Association Atlanta 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 Macon Ga Georgia Mutual Industrial Life and Health Augusta Ga German Mutual Fire Insurance Co Savannah Ga Gordon County Mutual Fire Calhoun Ga Great American CoOperative Fire Association Macon Ga Guaranty Mutual Life and Health Savannah Ga Home Friendly Society Baltimore Md 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 Assurance Association Atlanta Ga National Life Association Des Moines la North Carolina Mut and Provident Association Emham N C 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 So States Fire Athens Ga Union Mutual Association Atlanta Ga Union Fire Insurance Co Atlanta Ga United States Health and Life Atlanta Ga XVI1 The following miscellaneous companies having complied with the laws of Georgia were authorized to transact business in the State tor the year 1912 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 B 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 Equitable Surety Co St Louis Mo Fidelity and Casualty 214 Broadway New YorkXV111 ComptrollerGenerals Eepoet Federal Casualty Detroit Mich Fidelity and Deposit Company Baltimore Md Frankfort Marine General United States Branch New York German Commercial Accident Philadelphia Pa General Accident Assurance Corporation United States Branch Philadelphia Pa Globe Indemnity of New York Great Eastern Casualty Company 290 Broadway New York Great Southern Accident and Fidelity Atlanta Ga Guarantee of North America 157 St James St Montreal Canada Hartford Steam Boiler 218 Main St Hartford Conn Illinois Surety Chicago 111 Interstate Casualty Co Birmingham Ala 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 Corp 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 Pacific Coast Casualty San Francisco Cal Peninsular Casualty Company Jacksonville Fla 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 HartfoTd 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 were authorized to transact business in the State for the year 1912 American Woodmen Denver Colorado Atlanta Mutual Burial Association Atlanta BenHur Indianapolis Ind Catholic Knights St Louis Mo Columbian Fraternal Association Washington D CComptrollerGeneral s Report xix Columbian Woodmen Atlanta Ga Concord Life Association of Georgia Atlanta Ga Farmers Life Confederation Atlanta Farmers Mutual Life Protective Association Atlanta Fraternal Union of America Denver Col Fraternal Protective Association of Massachusetts Boston Mass Forest Woodmen Circle Omaha Neb Fraternal Mystic Circle Philadelphia Pa Fraternal Provident Association Atlanta Ga Golden Seal Roxbury N Y The Grand Fraternity Philadelphia Pa 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 C Knights of Pythias Indianapolis Ind Ladies of the Maccabees of the World Port Huron Mich Linwood Afro Labor Association Bartow 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 Woodmen of America Bock Island National Fraternal Society of the Deaf Chicago 111 National Union of Ohio Toledo Ohio Order of United Commercial Travelers of America Columbus Ohio Peoples Mutual Benefit Association of Georgia Rome Ga Pretorians Dallas Texas Protective Order of Friends Athens Ga Retail Merchants Association Atlanta Ga Royal Knights of King David Durham N C Royal Benefit Society Washington D C Royal Fraternal Association Charlotte N C Royal Arcanum Boston Mass Senate National Union Toledo Ohio Sailors Nashville TennXX COMPTBOLLEKGrEJSTERAL s KePORT Southern Protective Association Atlanta Ga Southern Mutual Fraternal Union Atlanta Ga Southern Woodmen Birmingham Ala Sovereign Camp Woodmen of the World Omaha Neb Southern Farmers Assurance Atlanta Ga Union Mutual Life Association Atlanta Ga United Commercial Travelers Columbus Ohio United Homes of America Athens GaComptrollerGenerals Report xxi The Following is a List of Insurance Companies Associations and Fraternal Orders Licensed to do Business in Georgia for the Year 1913 up to April 25th 1913 I ALIFE COMPANIES GEORGIA COMPANIES Name of Company Home Office Cherokee Insurance CoRome Ga Commercial Life Ins Casualty q0 Savannah Ga Georgia Life Ins CoTMaeon Ga Name of Company Home Office State Mutual Life Ins CoRome Ga The Empire Life Insurance Co Atlanta Ga Standard life Insurance CoAtlanta G I BNONRESIDENT COMPANIES Name of Company Aetna Ins Co Am Life Acct Ins Co Am National Life Ins Co Amicable Life Ins Co American Central Life Ins Co Home Office Attorney for Service Bankers Reserve Life Co Citizens National Life Ins Co Columbia Life Insurance Co Columbia National Life Ins Co Connecticut Mutual Life Ins Co Equitable Life Assurance Society Fidelity Mutual Life Ins Co Franklin Insurance Co Hartford Conn Salisbury Mo Galveston Tex Waco Tex Indianapolis Ind Omaha Neb Germania Life Insurance Co Home Life Insurance Co Illinois Life Insurance Co Indiana National Life Ins Co International Life Insurance Co InterSouthern Life Ins Co Interstate life Accident Anchorage Ky Cincinnati Ohio Boston Mass Hartford Conn New York N T Philadelphia Penn Springfield 111 New York N Y New York N Y Chicago 111 Indianapolis Ind St Louis Mo Louisville Ky Chattanooga Tenn AV E Hawkins W W Haskell J B Daniel Frank A Hall Win A Wright Wm A Wright F L Wilkinson B F Reins A C Newell Oscar Palmour Address F W Burr J H Byeley M Y Manley Alex C King Wm A Wright J C Tumlin E C Lester H W Campbell W A Wright Wm A Wright Atlanta Atlanta Dublin Milledgeville Atlanta Atlanta Albany Atlanta Atlanta Atlanta Atlanta Atlanta Macon Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta AtlantaXX11 ComptrollerGeneral s Eeport Life CompaniesNonResidentContd Name of Company Home Office Attorney for Service Jefferson Standard Life Ins Co Life Insurance Co of Virginia Manhattan Life Insurance Co Maryland Life Insurance Co Mass Mutual Life Ins Co Meridian Life Insurance Co Metropolitan Life Insurance Co Michigan Mutual Life Ins Co Missouri State Life Insurance Co Mutual Benefit Life Insurance Co Mutual Life Ins Co of N Y Raleigh N C Richmond Va L Z Rosser Win A Wright New York N Y Baltimore Md Springfield Mass Indianapolis Ind New York N Y Detroit Mich St Louis Mo Newark N J New York N Y M B Young Coke S Davis Wm J Harty J E Wilhelm A W Smith Ceo L Crandall Wm A Wright 8 Ij Foreman R I Shcddim Address National Life Accident Co National Life Ins Co of XJ S A National Life Insurance Co New England Mutl Life Ins Co New York Life Insurance Co North Western Mut Life Ins Co Pacific Mut Life Insurance Co Pan American Life Ins Co Penn Mutual Life Insurance Co Phoenix Mutual Life Ins Co Pittsburg Life Trust Co Provident Life Acct Ins Co Prudential Ins Co of Am Reliance Life Insurance Co Reserve Loan Life Ins Co Security Mutual Life Ins Co State Life Insurance Co State Mutual Life Ass Co So National Life Insurance Co Sou States Life Ins Co Ala Southern States Mut Life Ins Co Southern Life Insurance Co Travelers Life Insurance Co Nashville Tenn Chicago 111 Montpelier Vt Boston Mass New York N Y Milwaukee Wis Los Angeles Cal New Orleans La Philadelphia Penn Hartford Conn Pittsburg Pa Chattanooga Tenn Newark N J Pittsburg Pa Indianapolis Ind Binghampton N Y Indianapolis Indi Worchester Mass Lyndon Ky Atlanta Ga Charleston W Va Nashville Tenn Hartford Conn Ill OJJ g C Lynch Atlanta Wm A Wright Cieo M Hope Co R T Guinn E 3 Clark W Woods White Atlanta Atlanta Atlanta Atlanta1 araBM Savannah Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta A C Harmon Wm A Wright H C Bagley Ghas S Northen Wm A Wright Wm A Wright J M Skinner J H Pearce Atlanta Atlanta Atlanta Atlanta Atlanta Savannah Atlanta Atlanta Atlanta Atlanta Atlanta a Win A Wright Wm A Wright C V LeCraw Win A Wright E M Jones Jr Wm A Wright Brutus J Clay Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Union Central Life Insurance Co IT S Annuity Life Ins Co Volunteer State Life Ins Co Cincinnati Ohio ClBcgoHi vA slier Chattanooga lYiin Shopherd morions Jas A Williamson Thos II Daniel IlriJanee cmr Io Hfifey Jaekym Atlanta iBnuaal 911J gronill ktattt snatl ififctenoiiBnI9jni 9riiiro8i97nl tHlt sisJaisiaAtlantic National Ins CoMaeon Ga Atlanta Home Ins Co Atlanta Ga Augusta Fire Ins CoAugusta Ga Columbia Fire Ins CoAthens Ga ComptrollerGenerals Report xxin II FIRE AND FIRE AND MARINE COMPANIES GEORGIA COMPANIES Name of Company Home Office Name of Company Home Office Georgia Home Ins CoColumbus Ga Georgia Fire Ins CoCedartown Ga Savannah Fire Ins CoSavannah Ga Southern Mutual Ins CoAthens Ga NONRESIDENT COMPANIES Name of Company Aachen Munich Fire Ins Co Aetna Insurance Co Agricultural Fire Ins Co Alliance Insurance Co American Central Fire Ins Co American Fire Ins Co American Druggists Ins Co American Home Ins Co Atlas Assurance Co 8 by ii k Boston Insurance Co British America Assurance Co Home Office Attorney for Service Caledonian Ins Co Camden Insurance Co Citizens Fire Insurance Co Citizens Insurance Co City of New York Ins Co Columbia Insurance Co Commercial Ins Co of D C Commercial Union Assurance Co Commonwealth Ins Co Connecticut Fire Ins Co Continental Insurance Co Dixie Fire Insurance Co Equitable Fire Marine Ins Co Equitable Insurance Co FidelityPhoenix Fire Ins Co Fire Association of Philadelphia New York City Hartford Conn Watertown N Y Philadelphia Pa St Louis Mo Newark N J Cincinnati 0 Greenville S C New York City ql Boston Mass Toronto Canada New York City Camden N J Baltimore Md St Louis Mo New York City Jersey City N J Washington New York City New York City Hartford Conn New York City Greensboro N C Providence R I Charleston S C New York City Philadelphia Pa Address D B Harris Clarence L Ruse T I Lynch Edward S Gay C H Godfrey O L Patillo B S Persons A L Waldo C C Hatcher Wm L Wilson Chas H Godfrey Boyd Perry D B Harris Robt N Hughs Egleston Prescott B K Clapp J L Dickey Jr Rhett 0 Berne D I Mclntyre Frank H Reynolds S C Williams J L Riley Co E J Dickey J J McKay F H Reynolds A L Waldo W E Chapin Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Macon Atlanta Atlanta Savannah Atlanta Atlanta Atlanta Atlanta Atlanta Columbus Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Macon Atlanta Atlanta Atlantaxxiv ComptkollebGenekals Eepoet Fire and Fire and Marine CompaniesNonResidentContd Name of Company Home Office attorney for Service Address San Francisco Cal Washington D C Fitchburg Mass Philadelphia Pa New York City New York City New York City Philadelphia Pa Glens Falls N Y New York City New York City New York City Hartford Conn New York City Philadelphia Pa Philadelphia Pa New York City New York City New York City New York City New York City New York City Mansfield Ohio Providence E I Milwaukee Wis Hartford Conn Pittsburg Pa N Brunswick N J Manchester N H New York City New York City New York City Edgar S Wilson J H Hillsman F Wade Vaughan Wm H Bhett S Y Tupper Jr S Y Tupper Jr S C Williams Jno A Whitner J L Eiley Co W F Patillo J L Wright Egleston Prescott Chas W Phillips Edward S Gay Dan B Harris B P Walker Jr B P Walker Jr H H Sullivan F W Cole W E Clay F Wade Vaughan Wm A Wright F Wade Vaughan Jas L Dickey Jr Wm A Wright Ohas S Matthews H T Powell C A Thornton A L Eichardson E N Hughs W M King J Hall Miller C S Mathews Macon Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Macon Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Franklin Fire Ins Co Germania Fire Ins Co Girard Fire Marine Ins Co Glens Falls Fire Ins Co Globe Eutgers Fire Ins Co Hanover Fire Ins Co Hartford Fire Ins Co Home Ins Co Insurance Co of North America Liverpool London Globe Eng Liverpool London Globe NY London Assurance Corporation London Lancashire Fire Ins Co Lumber Mutual Ins Co Lumbermens Mutual Ins Co Mass Fire Marine Ins Co Mercantile Mutual Fire Ins Co Milwaukee Mechanics Ins Co National Fire Ins Co National Union Fire Ins Co New Hampshire Ins Co Niagara Insurance Co North British and Mercantile Northern Assurance Co Lim V 1 ComptrollerGenerals Report xxv Fire and Fire and Marine CompaniesNonResidentContd Name of Company i North Biver Insurance Co t Norwich Union Fire Ins Society Orient Insurance Co Palatine Ins Co Lim Pennsylvania Fire Ins Co Penn Lumbermens Mut Ins Co Penn Millers Mutual Fire Ins Co Peoples National Fire Ins Co Phoenix Assurance Co Lim Phoenix Fire Ins Co ProvidenceWashington Ins Co Queen Insurance Co of America Royal Exchange Ins Co Royal Ins Co Lim Liverpool Scottish Union National Ins Co Security Fire Ins Co Sou States Fire Insurance Co Springfield Fire Marine Ins Co Standard Fire Insurance Co St Paul Fire Marine Ins Co Svea Fire Life Ins Co Sun Insurance Office England Home Office Attorney for Service Thames Mersey Marine Ins Co Union Marine Insurance Co United Firemens Ins Co t United States Fire Ins Co United States Lloyds Virginia State Ins Co Western Atlantic Fire Ins Co Western Assurance Co Westchester Fire Ins Co Williamsburg City Fire Ins Co i Yorkshire Insurance Co Lim New York City New York City Hartford Conn New York City Philadelphia Pa Philadelphia Pa WilkesBarre Philadelphia Pa New York City Hartford Conn Providence R I New York City New York City New York City Hartford Conn New Haven Conn Birmingham Ala Springfield Mass Hartford Conn St Paul Minn New York City New York City New York N Y New York City Philadelphia Pa New York N Y New York City Richmond Va Nashville Tenn Toronto Canada New York City New York City New York City J L Riley A Wilkerson R A Hancock Jno A Whitner W E Chapin F Wade Vaughan F Wade Vaughan Robert N Hughs Edgar Dunlap Cliff C Hatcher D B Harris S Y Tupper Address A L Brooks Milton Dargan W R Hoyt D B Harris a L Crandall Jas L Dickey Jr W A Wright J L Riley D B Harris J T Fitten Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta A L Farie Savannah Savannah Atlanta Wm A Wright Atlanta Atlanta A L Richardson Atlanta Wm H Rhett Atlanta Chas H Godfrey Atlanta Edgar Dunlap Atlanta W R Hoyt Atlanta Wm A Wright Atlanta XXVI ComptrollerGenerals Report III MISCELLANEOUS COMPANIES Health Accident and General Casualty Lines n GEORGIA COMPANIES Name of Company Home Office Equitable Casualty Co Atlanta Ga Name of Company Home Office Georgia Life Ins CoMacon Ga I NONRESIDENT COMPANIES Name of Company Home Office Attorney for Service Aetna Ac Liability Ins Co Alabama Fidelity Casualty Co American Bonding Co American Casualty Co American Credit Indemnity Co American Life Accident Ins Co American National Ins Co American Surety Co Atlantic Horse Insurance Co H Continental Casualty Co Columbia National Life Ins Co Employers Indemnity Co Employers Liability Assur Corp Equitable Surety Co Federal Casualty Co Fidelity Casualty Co Fidelity Deposit Co of Md Frankfort General Insurance Co Gen Ace Fire and Life Assur ance Corp Lim Globe Indemnity Co Great Eastern Casualty Co Hartford Steam Boiler Inspec tion and Insurance Co Hartford Conn Montgomery Ala Baltimore Md Reading Pa New York City Salisbury Mo Galveston Tex New York City Providence R I Hammond Ind Boston Mass Philadelphia Pa Boston Mass St Louis Mo Detroit Mich New York City Baltimore Md New York City Philadelphia Pa New York N Y New York City Hartford Conn Address Win A Wright T C Shreve Jas L Riley J B Marbury R S Witherspoon W VY Haskell 1 Daniel Marion M Jackson Henry G larrus al Is W A Wright A Xewell King Spalding Underwood R L Reed J L Riley Wm A Wright Eugene Oberdorfer Leonard Haas Thos f Lynch Wm A Wright W R Hoyt Shepard Bryan Wm A Wright Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Dublin Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta AtlantaComptrollerGeneral s Report xxvii Miscellaneous CompaniesNonResidentContd Name of Company Interstate Casualty Co Interstate Life Act Co Lloyds Plate Glass Ins Co London Guarantee and Acci dent Co Lim Loyal Protective Ins Co 1 Maryland Casualty Co 1 Mass Bonding Ins Co 1 Masonic Mutual Accident Co 1 Masonic Protective Assn Metropolitan Casualty Co National Casualty Co I National Surety Co New York Plate Glass Ins Co North American Accident Ins Co Ocean Accident and Guaran tee Corp New York City Home Office Attorney for Service Birmingham Ala Chattanooga Tenn New York City Chicago 111 Boston Mass Baltimore Md Boston Mass Springfield Mass Worchester Mass New York City Detroit Mich New York City New York City Chicago 111 Pacific Coast Casualty Co Pacific Mutual Life Ins Co Preferred Accident Insurance Co Provident Life and Accident Insurance Co Eeliance Life Ins Co Eoyal Casualty Co Eoyal Indemnity Co Bidgely Prot Assn Standard Accident Ins Co Title Guarantee Surety Co Travelers Indemnity Co Travelers Insurance Co United States Casualty Co U S Fidelity and Guaranty Co IT S Health Accident Ins Co San Francisco Los Angeles Oal New York City Chattanooga Tenn Pittsburgh Pa St Louis Mo New York City Worcester Mass Detroit Mich Scranton Pa Hartford Conn Hartford Conn New York City Baltimore Md Saginaw Mich Win A Wright Wm A Wright Wm L McNevin J L Biley Atlanta Wm A Wright Atlanta Address Atlanta Atlanta Atlanta Aaron Haas Son Howell Dodd Dodd W E Jones H S Bell Henry M North A M Crosby Boyd Perry Coke S Davis Shepard Bryan Wm B Nearus F C Nasworthy A C Harmon Wm A Wright Wm A Wright J H Pearce Wm A Wright B M Grant Co E J Winter J H G Miles D I Maclntyre H F Easher J A Williamson Jno H Mullin Wm A Wright G A Dean Atlanta Atlanta Atlanta Athens Augusta Atlanta Atlanta Atlanta Atlanta Atlanta Fitzgeitald Savannah Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta xxviii CompteollebGeneeals Repobt The Following Miscellaneous Companies Have Made the Deposit Required and Are Authorized to Write Fidelity and Surety Bonds Name of Company Home Office Name of Company Home Office Aetna Ac Liability Ins Co Hartford Conn American Bonding CoBaltimore Md American Surety CoNew York N Y Equitable Surety CompanySt Louis Mo Fidelity Deposit Co of Md Baltimore Md National Surety CoNew York N Y Title Guarantee Surety Co Scranton Penn U S Fidelity Guarantee Co Baltimore Md IV ASSESSMENT LIFE INSURANCE COMPANIES a Companies Authorized to do an Ordinary Life Business Name of Company Home Office American Life Annuity CoAtlanta Ga Merchants Life AssnBurlington la National Life AssnDes Moines Iowa Name of Company Home Office North Carolina Mutual Provident Ass n Durham N C Assessment Life Insurance CompaniesContd b Companies Authorized to do an Industrial Life Health and Accident Business Name of Company Home Office American Insurance CoSavannah Ga Atlanta Mutual Ins AssnAtlanta Ga Bankers Health Life Ins CoMacon Ga Continental Aid AssnAtlanta Ga Georgia Mutual Ind Life Health Ins CoAugusta Ga Guaranty Mutual Life Health Ins CoSavannah Ga Name of Company Home Office Home Friendly SocietyBaltimore Md Industrial Life Health Ins Co Atlanta Ga Mutual Benefit Ind Life Insurance Ass n Savannah Ga Pilgrim Health Life Ins CoAugusta Ga Union Mutual AssnAtlanta Ga c Stock Companies Authorized to do an Industrial Life Health and Accident Business U S Health Life Insurance CompanyAtlanta Gaa Farmers Cooperative Fire Ins CoJackson Ga Farmers Cooperative Ins Assn of ComptbollebGenebal s Bepoet V ASSESSMENT FIRE COMPANIES a Companies Authorized to Operate in Four Counties Only XXIX Southern States Fire Ins CoAthens Ga Sunlight Insurance CoAtlanta Ga b Farmers Cooperative Companies Floyd CoBorne Ga Farmers Mutual Fire Ins CoDawson Ga Farmers Hutual Ins Ass nOakman Ga Farmers Protective Fire Ins Co Lithonia Ga Gordon County Mutual Fire Storm Ins CoCalhoun Ga South Georgia Farmers Fire Ins C0Thomasville Ga VI FRATERNAL ORDERS a Domestic Name Home Office Attorney for Service Farmers Mutual Life Protective Association b Foreign Name American Woodmen Supreme Camp of Ben Hur Supreme Tribe of Catholic Knights of America Sup Council Columbian Fraternal Association Home Office Attorney for Service Denver Colo Indianapolis Ind St Louis Mo Washington D C Insurance Commr Insurance Commr Insurance Commr Insurance Commr XXX CoMPTROLLERGrENEEALs REPORT Fraternal OrdersContd b ForeignContd Name Home Office Attorney for Service Fraternal Mystic Circle Sup Buling of Fraternal Union of America Sup Lodge Fraternal Protective Assn of Mass Golden Seal Order of Grand Fraternity The Heptasophs Improved Order of Independent Order of Puritans Philadelphia Penn Denver Colo Boston Mass Roxbury N Y Philadelphia Penn Baltimore Md Pittsburg Pa Knights of Columbus Knights of Honor Supreme Lodge Knights of Maccabees of the World Knights of Pythias Supreme Lodge Ladies of the Maccabees of the World Masonic Mutual Life Association The Modern Brotherhood of America Modern Order of Praetorians Modern Woodmen of America National Protective Legion National Union Eoyal Benefit Society Boyal Fraternal Association Eoyal Arcanum Supreme Council of Sailors Southern Woodmen United Commercial Travelers of America New Haven Conn St Louis Mo Dertoit Mich Indianapolis Ind Port Huron Mich Washington D C Mason City Iowa Dallas Texas Eock Island 111 Waverly N Y Toledo Ohio Washington D C Charlotte N C Boston Mass Nashville Tenn Birmingham Ala Columbus Ohio Woodmens Circle Supreme Circle Woodmen of the World Sovereign Camp Omaha Neb Omaha Neb Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr i Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr Insurance Commr asurance Commr Insurance Commr Insurance CommrFIRE INSURANCE COMPANIES UNITED STATES BRANCH OF THE AACHEN AND M SsURANCE COMPANY OF AKLACHAPELLE GERMANY Joseph A Kelsey United States Manager Principal Office fn United States 84 William St New York City Dan B Harris Atlanta Attorney for Serve in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year a4zyao t 2424793 97 4 Extended at IIIncome 1026065 75 i I 1 r 5 Gross premiums 6 Deduct gross amount paid for reinsurance fire 25108440 return premiums fire XC30RG 28811891 total 539203 31 4 7 Total premiums other than perpetual 1086862 11 Gross interest on bonds and dividends on stocks less 121996 accrued interest on bonds acquired during 1911 77780 04 12 Gross interest on deposits in trust com pames and banks 13 Gross interest from all other sources 83455 93 15 Total gross interest and rents 8 152 28 17 Home office 1178470 65 28 Total income HIDisbursements 1 Gro amount paid policyholders for losses deluding 11024687 occurring in pre vious years 2 Deduct amount received for salvage fire 3 91656 reinsurance fire 10796410 discount fire 77946 total 1126G0 12 3 Net amount paid policyholders for losses 550036 06ComptrollerGenerals Report 4 Expenses of adjust ment and settlement of losses 21202 24 5 Commissions or brokerage 231145 95 6 Allowances to local agencies for miscellaneous agency expenses 283 19 7 Salaries 2379747 and expenses 1811666 of special and general agents 41914 13 8 Salaries fees and all other charges of officers directors trustees and home office employees 77929 83 9 Rents for companys occupancy of its own buildings 6797 31 10 Advertising 232958 printing and stationery 651700 total 8846 58 11 Postage telegrams telephone and express 10315 24 12 Legal expenses 71 31 13 Furniture and fixtures 407 64 14 Maps including corrections 4500 84 15 Underwriters boards and tariff associations 14123 02 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 12851 14 17 Inspections and surveys 2826 97 20 State taxes on premiums 18151 81 21 Insurance department licenses and fees 8254 73 22 All other licenses fees and taxes viz Federal corpora tion tax 112737 municipal taxes and fees 443790 county taxes and fees 54650 New York State for exempting bonds 125000 total 7361 77 23 Other disbursements viz Commercial ratings 135485 miscellaneous items 104514 membership fee factory insurance association 50000 total 289999 28 Home office 53233 80 38 Agents balances charged off 176 06 39 Gross loss on sale or maturity of ledger assets viz Bonds 4750 00 41 Total disbursements 1078079 61 IVLedger Assets 4 Book value of bonds 2162S94 1 3 5 Cash in companys office 271 31 6 Deposits in trust companies and banks not on interest 12678 09 7 Deposits in trust companies and bunks on interest 156005 71 8 Agents balances representing business written subsequent to October 1 1911 190808 08 9 Agents balances representing business written prior to October 1 1911 184366 11 Bills receivable taken for fire risks 684 03 16 Total ledger assets 2525185 01ComptrollerGenerals Eepobt NonLedger Assets 18 Interest due and accrued on bonds 25024 63 24 Total 25024 63 30 Gross assets 2550209 64 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 1843 66 35 Bills receivable past due taken for ma rine inland and fire risks 684 03 38 Book value of ledger assets over market value 519 41 Total admitted assets 2470162 82 VLiabilities 1 Gross losses adjusted and unpaid not yet due 1973 79 2 Gross claims for losses in process of ad justment or in suspense plus 10000 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 107482 16 3 Gross claims for losses resisted 18631 78 4 Total 128087 73 5 Deduct reinsurance due or accrued 21068 14 6 Net amount of unpaid losses and claims 107019 59 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 68582202 unearned premiums fifty per cent 342911 01 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 136662215 unearned premiums pro rata 721003 32 11 Total unearned premiums as computed above 1063814 33 18 Salaries rents expenses bills accounts fees etc due or accrued 9514 894 ComptrollerGenerals Eeport 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 13200 00 20 Commissions brokerage and other charges due or to be come due to agents and brokers 315 00 21 Return premiums 76995 reinsurance premiums 6 49092 total 7260 87 26 Total amount of all liabilities except capital 1201124 68 28 Surplus over all liabilities 1269038 14 30 Total liabilities 2470162 82 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 214577811 00 2235845 55 2 Written or renewed during the year 159245985 00 1626065 75 4 Total 373823796 00 3861911 30 5 Deduct those expired and marked off as terminated 130449879 00 1442980 41 6 In force at the end of the year243373917 00 2418030 89 7 Deduct amount reinsured 35930794 00 366486 72 8 Net amount in force207443123 00 2052444 17 Business in the State of Georgia During the Year 28 Gross risks written 3888147 00 Less 101094000 risks cancelled and 76003100 reinsur ance 1770971 00 Net risks written 2117176 00 29 Gross premiums on risks written 51598 78 Less 1149739 return premiums and 1011569 premiums for reinsurance 21613 08 Nel premiums received 29985 70 30 Losses paid deducting salvage 20256 57 Less losses on risks reinsured 4716 20 Net losses paid 15540 37 31 Losses incurred 18776 91 Less losses on risks reinsured 3686 57 Met losses incurred 15090 34CompteolleeGteneeals Eepoet 5 etna insurance company of haetford connecticut William B Clark President Henry E Rees Secretary ICapital stock 1 Amount of capital paidup in cash 5000000 00 2 Amount of ledger assets as per balance December 31 of previous year 19442301 32 4 Extended at 19442301 32 IIIncome 5 Gross premiums 10354484 81 1837584 03 6 Deduct gross amount paid for reinsurance fire 139738758 marine and inland 49830198 return premiums fire 1189 39122 marine and in land 20512472 total 2586778 80 703426 70 7 Total premiums other than perpetual 8901863 34 8 Deposit premiums written on perpetual risks gross 11 Gross interest on bonds and dividends on stocks less1 921353 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust companies and banks 13 Gross interest from all other sources Interest on old refund of N Y bank taxes 14 Interest received on account of old balance 15 Interest on deferred payment of interest on Greenville Ala city bonds 16 Gross rents from Companys property in eluding 25000 for companys occupancy of its own buildings 813929 10 24642 86 536 12 3 19 6803 49 111 60 25250 00 17 Total gross interest and rents 18 From other sources viz conscience fund 241600 tax on real estate recovered state of Connecticut 1066650 24 Increase in liabilities during the year on account of re insurance treaties 25 From agents balances previously charged off 864472 87 13082 50 32428 55 84 81 28 Total income 9818735 56ComptrollerGenerals Report IIIDisbursements 1 Gross amount paid policy holders for losses includ ing 75647284 occurring in previous years4877864 36 2 Deduct amount received for salvage fire 5329886 marine and inland 22 30340 reinsurance fire 72793076 marine and inland 20599661 dis count fire 277676 784006 38 729705 24 228300 01 10 11 12 13 14 15 16 17 18 19 20 21 23 31 Net amount paid policyholders for losses 4595263 21 Expenses of adjustment and settlement of losses 45741 25 Commissions or brokerage 1704893 47 Salaries 18177169 and expenses 12927043 of special and general agents 311042 12 Salaries fees and all other charges of officers directors trustees home and branch offices employees 365287 51 Rents including 25000 for companys occupancy of its own buildings 49385 67 Advertising 1913347 printing and stationery 7834462 97478 09 Postage exchange telegrams telephone express and freight 62264 73 Legal expenses 9177 40 Furniture and fixtures 19849 69 Maps including corrections 16749 63 Underwriters boards and tariff associations 87595 27 Fire department fire patrol and salvage corps assessments fees taxes and expenses 14274 06 Inspections and surveys 56966 24 Repairs and expenses other than taxes on real estate 10115 57 Taxes on real estate 10119 50 State taxes on premiums 129713 49 Insurance department licenses and fees 27959 13 All other licenses fees and taxes viz Federal corporation tax 1136587 fire department taxes 3526695 city and town licenses 2376803 tax on franchise 21485 stockholders tax 14500000 other taxes viz Fire marshal tax 626343 personal property tax in various towns 457926 226458 39 other disbursements viz equipment of printing department 583983 auditing coal electric light and gas ice janitors and engineers supplies laundry lunch system newspaper subscriptions etc water vault protection pensions cartage premium on ire and liability policies mercantile agencies 3151086 37350 69 Paid Munich ReInsurance Company for interest on balance 18778 74ComptrollerGenerals Report 7 2 632 52 33 Deposit premiums returned 34 Paid stockholders for interest or dividends amount de clared during the year 80000000 S0 00 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz bonds 27090 41 Total disbursements 8727193 54 16785333 60 IVLedger Assets Book value of real estate 588207 93 Book value of bonds 1257108248 and stocks 4214 25112 total Cash in companys office 3892 85 Deposits in trust companies and banks not on interest 62860 14 Deposits in trust companies and banks on interest 1540714 32 8 9 16 18 21 22 24 26 30 34 39 Total cash items 1607467 31 Aeents balances representing business written subse quent to October 1 1911 1547730 80 Agents balances representing business written prior to October 1 1911 5103 70 Total ledger assets 20533843 34 NonLedger Assets Interest accrued on bonds New York Life Insurance Trust Com pany Morgan Grenf ell Co 88189 72 312 79 228 52 Total 1731 03 Market value of bonds and stocks over book value 1613126 97 Gross assets 2223570134 Deduct Assets not Admitted Agents balances representing business written prior to Oct 1 1911 Real estate Total 213207 93 218311 S3 41 Total admitted assets 22017389 71 VLiabilities Gross losses adjusted and unpaid not yet due 139578 658 ComptrollerGenerals Beport 2 Gross claims for losses in process of adjust ment or in suspense plus 3703240 reserved for losses incurred prior to December 31 of which no notice had been received on that date 671737 70 3 Gross claims for losses resisted 45319 00 4 Total 856635 35 5 Deduct reinsurance due or accrued 242762 37 6 Net amount of unpaid losses and claims 613872 98 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 430627620 Un earned premiums fifty per cent 2153138 10 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 980808550 unearned premiums pro rata 5248184 69 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 82108972 unearned premiums fifty per cent 410544 86 10 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 1948777 unearned premiums 100 per cent 19487 77 11 Total unearned premiums as computed above 7831355 42 12 Amount reclaimed by the insured on perpetual fire in surance policies being 95 per cent of the premium or deposit received 105028 61 18 Salaries rents expenses bills accounts fees etc due or accrued 1000 00 19 Estimated amount hereafter payable for Federal state and other taxes based upon the business of the year of this statement 150000 00 23 All other liabilities viz balance held for Munich Re insurance Company under contract 481937 96 26 Total amount of all liabilities except capital 9183194 97 27 Capital actually paid up in cash 5000000 00 28 Surplus over all Liabilities 7834194 74 29 Surplus as regards policyholders 12834194 74 30 Total liabilities 22017389 71ComptrollerGenerals Report 9 VIRisks and Premiums 1 In force on the 31st day of December as per line 5 under this heading in last years statement 1287673974 15028685 21 2 Written or renewed during the year per incomeNo5 864740143 10354484 81 4 Total 2152414117 25383170 02 5 Deduct those expired and marked off as terminated 778774511 9564704 11 6 In force at the end of the year 1373639606 15818465 91 7 Deduct amount reinsured 142751506 1704104 21 8 Net amount in force 1230888100 14114361 70 9 Perpetual risks not included above 474088400 De posit premiums on same 110556 43 Business in the State of Georgia During 1911 28 Gross risks written 17296339 00 786507 00 Less 2931166 risks canceled and 221 025 reinsurance 2986691 00 165500 00 Net risks written 14309648 00 621007 00 29 Gross premiums on risks written 301806 59 14027 09 Less 3445044 return premiums and 3 27362 premiums for reinsurance 34892 68 2831 38 Net premiums received 266913 91 11195 71 30 Losses paid deducting salvage 155475 19 25401 77 Less losses on risks reinsured 473 18 Net losses paid 155002 01 2540177 31 Losses incurred 165188 61 20683 77 Less losses on risks reinsured 473 18 Net losses incurred 164715 43 20683 77 AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN NEW YORK W IT Stevens President J D Adams Secretary Principal Office 203 Washington St Watertown N Y Thomas I Lynch 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 31852 6610 ComptrollerGenerals Eeport 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 32502 interest accrued thereon 977355 total W1 01 4 Value of lands mortgaged exclusive of buildings and perishable improvements 541686 00 5 Value of buildings mortgaged insured for 50036500 as collateral 574690 00 6 Total value of said mortgaged premises carried inside 1116376 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market i 2288o4 oO value 12 Cash in companys principal office 4478 14 13 Cash belonging to the company deposited in bank i40509 00 m t i 344987 14 Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncolleeted 23363 11 16 Interest duo and accrued on collateral loans and uncol leeted 8 jjjj 17 Cash in hands of agents and in course of transmission 30045 66 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 158882 accrued interest bank balances 65286 total 2241 68 Total assets of the company actual cash market value 4000428 73 IIILiabilities 1 Losses due and unpaid 32349 35 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 106067 60 3 Losses resisted including interest costs and other expenses thereon 15996 00 4 Total gross amount of claims for losses 154412 95 5 Deduct reinsurance thereon 28782 95 6 Net amount of unpaid losses 125630 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 96478000 un earned premiums fifty per cent 482390 00 8 Gross premiums without any deduction received and receivable upon all unexComptrollerGenerals Beport 11 pired fire risks running more than one year from date of policy 256839500 unearned premiums pro rata 13533833b 11 Total unearned premiums as computed above carried out 1835773 36 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses u If 11 other demands against the company absolute and contingent due and to become due admitted and con tested viz Reinsurance premiums 4102707 reserve for contingencies 15000000 total JWLu 20 Total amount of all liabilities except capital stock senp and net surplus 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities Ij0oio 8 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year I Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 269304 21 3 Net collected 269304 21 4 Gross premiums on risks written and re newed during the year 2587603 88 5 Total 2856908 09 6 Deduct premiums and bills in course of collection at this date 300745 0G 7 Entire premiums collected during the 2556162 43 year p 8 Deduct reinsurance and return premiums 843171 36 9 Net cash actually received for premiums carried out 1712991 07 II Received for interest and dividends on stocks and bonds collateral loans and from all other sources dblMJ s 12 Income received from all other sources omitting increase if any in value of securities viz Rents 250000 other 2780157 total dUrfUi 5 Aggregate amount of income actually received during the vear in cash 12 ComptrollerGenerals Eeport VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 138101391 losses occurring in previous years 1108635 84 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 394073 and all amounts actually received for reinsur ance in other companies 25457330 total deductions 258514 03 Net amount paid during the year for losses 850121 81 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 75000 00 6 Paid for commissions or brokerage 374923 68 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 167451 26 8 Paid for State national and local taxes in this and other States 66170 93 9 All other payments and expenditures viz Loss adjust ments board taxes advertising printing and sundries 120582 44 Aggregate amount of actual expenditures during the year in cash 1654250 12 VIEisks and Premiums Fire Tfisks Premiums Thereon 1 In force on the 31st day of December 389759500 00 3938029 00 2 Written or renewed during the year 252596000 00 2587603 88 3 Excess of original premiums over amount received for reinsurance 770 00 4 Total 642355500 00 6526402 88 5 Deduct those expired and marked off as terminated 225662200 00 2416640 88 6 In force at the end of the year416693300 00 4109762 00 7 Deduct amount reinsured 52480300 00 576587 00 SNet amount in force364213000 3533175 00 Business in the State of Georgia During the Year Fire marine and inland risks written 2331800 00 Premiums received gross 24956 06 Losses paid 20827 24 Losses incurred 17797 21ComptbollerGenerals Eepobt 13 THE ALLIANCE INSURANCE COMPANY OF PHILADELPHIA Home Office 232 Walnut Street Philadelphia Pennsylvania Eugene L Ellison President T Houard Wright SecretaryTreasurer Edward S Gay Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assets as per balance December 31 of previous year 1859553 27 3 Increase of paidup capital during the year 250000 00 4 Extended at 2109553 27 IIIncome Eire Marine and Inland 5 Gross premiums1006549 73 6 Deduct gross amount paid for reinsurance fire 15514911 marine and inland 5354445 return premiums fire 163 41319 marine and in land 7976449 total 318562 30 401637 77 133308 94 7 Total premiums other than perpetual 687987 43 268328 83 8 Deposit premiums written on perpetual risks gross 11 Gross interest on bonds and dividends on stocks less 179917 accrued interest on bonds acquired during 1911 20160 83 12 Gross interest on deposits in trust com panies and banks 2146 14 13 Gross interest from all other sources viz 14 Branch office bank balances 23 97 15 Deferred settlements etc 5 07 17 Total gross interest and rents 18 From other sources viz Perpetual deposit fees 26 Gross profit on sale or maturity of ledger assets viz Bonds 70725 stocks 364250 total 956316 26 2185 50 72336 01 3 90 4349 75 28 Total income 1035191 42 IIIDisbursements Fire Marine and Inland 1 Gross amount paid policy holders for losses 370704 33 229711 8814 ComptrollerGenerals Report 2 Deduct amount received for salvage Are 381543 marine and inland 10 69326 reinsurance fire 4666370 marine and inland 4263013 total 50479 13 53323 39 9 10 11 12 13 14 15 16 17 20 21 22 23 33 34 35 36 38 Net amount paid policy holders for losses 32022520 176388 49 Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency expenses Salaries 1259803 and expenses 556336 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents for companys occupancy of its own buildings Advertising 270139 printing and stationery 586842 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 State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes viz Federal corpora tion tax 165134 Pennsylvania tax on capital stock 455500 municipal licenses 229507 total Other disbursements viz Registration of stock Deposit premiums returned Paid stockholders for interest or dividends amount de clared during the year 4000000 Scrip or certificates of profits redeemed in cash 1 nterest paid to scripholders Agents balances charged off 496613 69 6915 70 213415 21 10752 20 18161 39 22350 46 3866 02 8569 81 4564 40 1577 57 140 15 1308 22 8890 94 3704 46 1033 36 12963 30 5984 69 8501 41 100 00 34 00 40000 00 194348 16 17167 60 856 32 41 Total disbursements 081 819 06 IVLedger Assets 4 Book value of bonds 103496350 and stocks 168 51525 total 1803478 75 5 Cash in companys office 84 08ComptrollerGenerals Report 7 Deposits in trust companies and banks on 15 interest 128872 99 Total 8 Agents balances representing business written subse quent to October 1 1911 9 Agents balances representing business written prior to October 1 1911 10 Bills receivable taken from marine and inland risks 10 Total ledger assets NonLedger Assets 18 Interest duo and accrued on bonds 129057 07 127342 08 2147 91 899 82 2062925 63 10339 55 24 Total 27 Other nonledger assets viz Salvage claims 10339 55 2510 00 30 Gross assets Deduct Assets Not Admitted 2075775 18 34 Agents balances representing business written prior to October 1 1911 2147 91 38 Book value of ledger assets over market value viz Bonds and stocks 6707125 Total 41 Total admitted assets 69219 16 2006556 02 VLiabilities 1 Gross losses adjusted and unpaid 2 Gross claims for losses in process of ad justment or in suspense plus 250000 reserved for losses incurred prior to De cember 31 of which no notice had been received on that date 3 Gross claims for losses resisted 1671 00 117357 00 10425 00 4 Total 129453 00 5 Deduct reinsurance due or accrued 18938 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks Tunning one year or less from date of policy 44234366 un earned premiums fifty per cent MliJ 110515 0016 ComptrollerGenerals Eepoet 8 Gross premiums received and receivable upon all unexpired fire risks running more than one year from date of poliey 55184311 unearned premiums pro rata 304328 55 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 8211508 unearned premiums fifty per cent 41057 54 10 Gross premiums cash and bills received and receivable upon all unexpired ma rine risks 13147844 unearned pre miums 50 per cent 65739 22 11 12 19 21 26 27 28 29 30 Total unearned premiums as computed above Amount reclaimable by the insured on perpetual fire in surance policies being 90 per cent of the premium on deposit received Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement Eeinsurance premiums 632297 14 13073 18 6600 00 2045 45 Total amount of all liabilities except capital 764530 77 Capital actually paid up in cash 750000 00 Surplus over all liabilities 492025 25 Surplus as regards poliey holders 1242025 25 Total liabilities 2006556 02 VIBisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 87627930 00 1050149 24 Written or renewed during the year 84360936 00 1006549 73 Total 171988866 00 2056098 97 Deduct those expired and marked off as terminated 72711798 00 884784 30 In force at the end of the year 99277068 00 1171914 67 Deduct amount reinsured 13950780 00 177727 90 Net amount in force 85326288 00 994186 77 Perpetual risks not included above 45590000 deposit premiums on same 14525 70ComptrollerGenerals Report 17 Business in the State of Georgia During the Year Fire Marine and Inland 28 Gross risks written 1772932 00 10600 00 Less 53099500 risks cancelled 530995 00 26850 00 Net risks written 1241937 00 16250 00 29 Gross premiums on risks written 2345840 00 Less 409177 return premiums 24003 00 455 69 Net premiums received 1960666 00 152 69 30 Losses paid deducting salvage 11077 08 Net losses paid 11077 08 82 95 31 Losses incurred 11264 31 Net losses incurred 11264 31 82 95 AMERICAN DRUGGISTS FIRE INSURANCE COMPANY OF CINCDSTNATI OHIO Chas H Avery President Frank H Freericks Secretary Principal Office 12151216 Mercantile Library Building Attorney for Service in Georgia Ben S Persons Macon Ga ICapital 1 Whole amount of capital stock 200000 00 2 Amount paid up in cash 200000 00 IIAssets 8 Account of stocks and bonds owned absolutely by the company carried out at market value 291282 90 12 Cash in companys principal office 1090 93 13 Cash belonging to the company deposited in bank Western German Bank Cincin nati Ohio 4788 68 Ohio State Savings Association Colum bus Ohio 9000 00 Total cash items 14879 61 15 Interest due and accrued on bonds not in cluded in market value uncollected 4449 17 17 Cash in hands of agents and in course of transmission 11371 30 Accrued interest on certificates of deposit I64 66 Accrued interest on current account Western German Bank 5 05 Total assets of the company actual cash market value 322152 6918 ComptrollerGenerals Eeport IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 4 Total gross amount of claims for losses 1500 00 1500 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 7964928 unearned premiums fifty per cent 39824 64 8 Gross Premiums without any deduction received and receivable upon all unexpir ed fire risks running more than one year from date of policy 371851 un earned premiums pro rata as per schedule on page four 2151 05 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 federal state county and other taxes accrued 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 collec tion at close of last previous year as shown by that years statement 8258 60 3 Net collected 8258 60 4 Gross premiums on risks written ami re newed during the year as shown in risk and premium exhibit 83863 46 5 Total 92122 06 6 Deduct premiums and bills in course of collection at this date 11371 30 7 Entire premium collected during the year Cash 8075056 80750 56 1500 00 41975 69 2108 98 1560 34 47145 01 200000 00 75007 68 322152 69ComptrollerGenerals Report 19 8 Deduct reinsurance and return premiums 281557 9 Net cash actually received tor premiums carried out 10 Received for interest on bonds and mortgages less 19080 accrued on bonds acquired in 1911 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 stock transfer fees 2000 from agents balances previously charged 3750 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses 17921 94 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 28289 and all amounts actually received for reinsurance in other companies total deductions 282 89 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 adjustment expense 60998 rent 48000 advertising printing and stationery 337658 postage telegraph and ex press 103091 legal expenses 1000 inspection and surveys 17161 special agents expenses 50479 gen eral expenses 87805 total Aggregate amount of actual expenditures during the year in cash Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross 77935 19 11524 48 64 59 57 50 89581 76 17639 05 16000 00 10014 41 10801 48 3939 26 7061 92 65456 12 52550 00 780 6020 CompteollerGenebals Bepoet american home eire insurance company of greenville south carolina C has F Hard President Geo II Hart Secretary Principal Office Masonic Temple Building Attorney for Service in Georgia A L Waldo 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 incumbranees thereon 35000 00 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 185045 00 3 Interest due and accrued on all said bond and mortgage loans 4058 55 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 31617 91 11 Total par and market value and amount loaned thereon 1500 00 12 Gash in companys principal office 6 37 13 Cash belonging to the company deposited in bank 28291 14 Total 28297 51 15 Interest due and accrued on bonds not included in market value uncollected 308 33 17 Cash in hands of agents and in course of transmission 25219 52 All other assets both real and personal as per schedule at tached viz rents due and accrued 15600 due from other companies for reinsurance on losses already paid 156 00 Total assets of the company actual cash market value 311202 82 IIILiabilities 3 Losses resisted including interest costs and t her expenses thereon 7010 42 5 Deduct reinsurance thereon 500 00 6 Net amount of unpaid losses 6510 42 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy unearned premiums fifty per cent 33302 07 8 Cross premiums without any deduction received and receivable upon all unComptrollerGenerals Report 21 expired fire risks running more than one year from date of policy unearned premiums pro rata 41311 43 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 Reinsurance premiums unpaid Agents balances on business1 written prior to Oct 1 1911 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 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 15719 38 3 Net collected 15719 38 4 Gross premiums on risks written and re newed during the year as shown in risk and premium exhibit 78448 59 5 Total 94167 97 8 Deduct reinsurance and return premiums 17206 64 9 Net cash actually received forpremiums 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 and sale real estate 13 Received for calls on interest surplus 550834 for in crease capital 8453300 total 15 Aggregate amount of income actually received during the year in cash 74613 50 700 16 2543 21 1335 17 85702 46 200000 00 25500 36 311202 82 76961 33 10573 82 1531 62 1995 00 2325 00 90041 67 183428 44 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 559935 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1036 and all 48896 7622 ComptrollerGenerals Report amounts actually received for reinsurance in other companies 387368 total de ductions 388404 3884 04 Net amount paid during the year for losses 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 0 All other payments and expenditures viz Miscellaneous expenses of all kinds Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 45012 72 17988 76 4161 00 23923 92 946630 00 165556 95 9713 73 10587 92 AMERICAN CENTRAL FIRE INSURANCE COMPANY OF SAINT LOUIS MISSOURI Edw T Campbell President B G Chapman Jr Secretary Principal Office 816 Olive Street St Louis Mo Guy Carpenter Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 2000000 00 2 Amount paid up in cash 2000000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 29900 00 3 Interest accrued on all said bond and mortgage loans 358 80 4 Value of lands mortgaged exclusive of buildings and perishable improve ments 63100 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 4387218 00 11 Total par and market value and amount loaned thereon 421900 00 12 Cash in companys principal office 13782 9 13 Cash belonging to the company deposited in bank 148539 80 Total cash items 162322 73ComptbollebGeneeals Eepoet 23 15 Interest due and accrued on stocks not included in mar ket value uncollected Interest due and accrued on collateral loans and uncol 23296 74 875 00 16 lcctcd 17 Cash in hands of agents and in course of transmission net 759495 prior to Oct 1 nonadmitted assets 4444y o 18 Bill receivable not matured taken for fire marine a inland risks 1292 91 Total assets of the company actual cash market value 5471662 43 IIILiabilities 1 Losses duo and unpaid 58613 G1 2 Gross losses in process of adjustment or in suspense including all reported and 99 Q17 72 supposed losses 3 Losses resisted including interest costs and other expenses thereon 10800 00 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 322331 33 109776 09 743970 21 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 less from date of policy 148794043 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 311652911 unearned premiums pro rata 1621133 04 11 Total unearned premiums as computed above carried out 15 Dividends declared and remaining unpaid or uncalled for 17 Duo 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 estimated 212555 24 2365103 25 838 48 3595 20 30000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash KZ m 23 Surplus beyond capital and all other Labilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 2612092 17 000000 00 859570 26 5471662 4324 ComptbollebGeneeals Repoet 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 567872 55 3 Net collected 567872 55 4 Gross premiums on risks written and re newed during the year 39S8250 34 5 Total 4556122 89 6 Deduct premiums and bills in course of collection at this date 531874 34 7 Entire premiums collected during the year 4024248 55 8 Deduct reinsurance and return premiums 1388632 64 9 Net cash actually received for premiums carried out 10 Beceived for interest on bonds and mortgages 11 Beceived 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 On bank deposit 52894 on bills receivable and other items 5317 discounts 18273 unclaimed dividends 3000 total 15 Aggregate amount of income actually received during the year in cash 2635615 91 1794 00 237291 28 794 84 2875496 03 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 21463071 losses occurring in previous years 2116764 76 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1286720 and all amounts actually received for reinsur ance in other companies 42387958 total 436746 78 Net amount paid during the year for losses 1680 017 98 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 240 00000 260000 00 6 Paid for commissions or brokerage 507 003 44 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 229 943 66 8 Paid for State national and local taxes in this and other States 75179 27ComptrollerGeneeals Repoet 9 All other payments and expenditures viz Loss adjust ments 2217540 rents 1214926 advertising 2 90406 printing and stationery 2699964 postage express exchange and telegrams 2397316 legal 604469 furniture and fixtures 298358 maps 7 333 63 underwriters boards 2772525 fire depart ment and salvage corps 509797 inspection and sur veys 1536047 miscellaneous 7067982 total 25 223400 93 Aggregate amount of actual expenditures during the year i 2975551 ZS in cash VIRisks and Premiums Fire Bisks Premiums 1 In force December 31 1910484746592 00 5476 670 78 2 Written or renewed in 1911 347564227 00 3988250 34 3 Totals 832310819 00 9464921 12 4 Deduct expirations and cancellations 325222605 00 3882846 00 5 In force December 31 1911507088214 00 5582075 12 6 Deduct amount reinsured and reinsur ance commissions J2518807 00 977605 5S 7 Net amount in force424509407 00 4604 469 54 Business in the State of Georgia During the Year Fire marine and inland risks written 478fJ 84798 85 33274 06 32380 34 Premiums received gross Losses paid Losses incurred THE AMERICAN FIRE INSURANCE COMPANY OF NEWARK N J Philemon L Hoadley President 0 Western Bailey Secretary Principal Office 70 Park Place Newark N J Olin L Pattillo Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 0000 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 4b8wu26 ComptrollerGenerals Report 2 Loans on bond ami mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans 2 1777 interest accrued thereon 1901476 total 4 Value of lands mortgaged exclusive of buildings and perishable improve ments 1759657 00 5 Value of buildings mortgaged 2232950 00 6 Total value of said mortgage premises carried inside 3992607 00 Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 12 Cash in companys principal office 617 76 13 Cash belonging to the company deposited in banks viz Essex County National Bank 15770534 National Newark Banking Co 16294618 total 320051 52 Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncollected 17 ash in hands of agents and in course of transmission not more than three months due 18 Bill receivable not matured taken for fire marine and inland risks not past due All other assets both real and personal viz Rents due and accrued 1658890 75 22092 51 5979405 00 321269 28 54386 08 548290 95 292032 72 66 66 Total assets of the company actual cash market value 9344434 55 111Liabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses Losses resisted including interest costs and other expenses thereon 355759 23 32900 00 4 Total gross amount of claims for losses 383659 23 5 Deduct reinsurance thereon 94087 06 0 el amouni of unpaid losses 291571 57 7 dross premiums without any deduction received and receivable upon all nnex pired fire risks running one year or less from dale of policy 155511047 un earned premiums fifty per cent 777555 23ComptrollerGenerals Report 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 739286416 unearned premiums pro rata 3735994 74 11 Total unearned premiums as computed above carried out 14 Amount of dividends declared but not yet due 17 Duo and accrued for salaries rent advertising and for agency and other miscellaneous expenses estimated 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Accrued taxes 191 Commissions brokerage and other charges due or to become due to agents and brokers 4513549 97 60105 00 2500 00 40000 00 171159 49 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 21 Special reserve fund see chapter 258 laws of 1908 State of New Jersey 23 Surplus beyond capital and all other liabilities 5081886 03 1000000 00 300000 00 2962548 52 24 Aggregate amount of all liabilities including capital paid up and net surplus 9344434 oo 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 798702 32 2 Deduct amount of same not collected 645 46 798056 86 3 Net collected 4 Gross premiums on risks written and re newed during the year 4974915 34 5 Total 5772972 20 6 Deduct premiums and bills in course of collection at this date 888299 94 7 Entire premiums collected during the year 4884672 26 8 Deduct reinsurance and return premiums 1403917 04 9 Net cash actually received for premiums carried out 10 Received for interesl on bonds and mortgages 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 3480755 22 82177 76 280619 0528 ComptrollerGenerals Eeport 12 Income received from all other sources omitting increase if any in value of securities viz Rents 2464055 sale of right to subscribe for new issue Panama Rail road stock 116484 total 25805 37 15 Aggregate amount of income actually received during the year in cash 3869357 40 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 30040914 losses occurring in previous years 2197214 72 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 702611 and all amounts actually received for reinsur ance in other companies 28309042 total deductions 290116 53 Net amount paid during the year for losses Expenses of adjustment and settlement of losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 24000000 cash dividends actually paid policyhold ers 61 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers agents and all other employees 8 Paid for State national and local taxes in this and other States 9 All oilier payments and expenditures viz Repairs and expenses on real estate 125018 taxes on real estate 761373 depreciation of stocks and bonds 2473422 stationery postage oxpressage rent etc 1907098 19 52746 24 230054 00 878586 68 161106 70 121820 73 281075 43 Aggregate amount of actual expenditures during the year in cash 3632487 97 Business in the State of Georgia During the Year Fire risks written Premiums received gross Losses paid Losses incurred 1871697 00 30328 71 10148 09 10969 30ComptrollerGenerals Report 29 AMERICAN UNION FIRE INSURANCE CO OF PHILADELPHIA PA Jas F Stone President R G Oellers Jr Secretary Principal Office 331337 Walnut St ICapital 1 Whole amount of Capital Stock 2 Amount paid up in cash 500000 00 500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon i 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest duo on all said bond and mortgage loans interest accrued thereon Total par and market value of all stocks and bonds owned absolutely by the company carried out at market value 12 Cash in companys principal office 61 35 Total Total cash items trust funas 14 Amount of premium notes upon which policies have been issued 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 as per schedule attached viz rents due and accrued due from other companies for reinsurance on losses already paid Philadelphia Fire Underwriters Association Interest due from West Branch National Bank of Williams port Pa Total assets of the company actual cash market value 24000 00 181025 00 5089 03 435212 50 260288 24 1015 00 1904 84 6337 71 196443 14 9731 96 100 00 376 25 127523 67 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 49698 90 3 Losses resisted including interest cost and other expenses thereon 8281 29 4 Total gross amount of claims for losses 57980 19 5 Deduct reinsurance thereon 17137 25 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex 40842 9430 ComptrollerGeneral s Eeport pired firo risks running one year or less from date of policy 49782629 un earned premiums fifty per cent 248913 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 24505707 unearned premiums pro rata 151539 25 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 accrued taxes Due for reinsurance 400452 39 245 00 4000 00 29283 71 Total 474824 04 500000 00 152699 63 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 surplus1 1 127 523 67 IVIncome During the Year 4 Gross premiums on risks written and renewed during the year as shown in risk and premium exhibit 1420424 92 5 Total 1420424 92 7 Entire premiums collected during the year lash 1420424 92 ntes 383749 72 9 Net cash actually received for premiums carried out 1036675 20 10 Received for interest on bonds and mortgages 1036675 20 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 14621 18 12 Income received from all other sources omitting increase if any in value of securities viz rents 579 70 Monongahela I osurance Company 17 078 41 13 Received for calls on capital 500000 for surplus 37359816 total 873598 16 15 Aggregate amount of income actually received during the year in cash 1942552 65 V Expenditures During the Year 1 Gross amount actually paid for losses 325900 56 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 39690 and all ComptrollerGenerals Eeport 31 amounts actually received for reinsurance in other companies 2993304 total deductions 30329 94 Net amount paid during the year for losses 295570 62 6 Paid for commissions or brokerage 348421 77 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 55542 84 8 Paid for state national and local taxes in this and other states 2855685 9 All other payments and expenditures viz loss expenses 7173 03 Total 9361196 Aggregate amount of actual expenditures during the year incash 828877 07 VIMiscellaneous In force on the 31st day of December 191 102307 23 2 Excess of original premiums written or renewed during 1911 105482077 1420424 92 3 Total 105482077 1522732 15 4 Deduct those expired and marked off as terminated in 1911 28294793 525841 41 5 In force at end of year 1911 77187284 996890 74 6 Deduct the amount reinsured in other com panies 15830788 254007 38 7 Net amount in force 61356496 742883 36 8 Greatest amount insured in any one risk 31800 00 Business in the State of Georgia During the Year Fire marine and inland risks written 869484 00 Premiums received gross 16484 40 Losses paid 3150 4 Losses incurred 3450 ATHENS MUTUAL FIRE INSURANCE COMPANY OF ATHENS GA M Stern President R B Dixon Secretary Principal Office Athens Ga ICapital Purely Mutual No Capital Stock32 ComptrollerGenerals Eeport IIAssets Total par and market value of all stocks and bonds owned absolutely by the company and carried out at market value 342 90 12 Cask in companys principal office 13 Cash belonging to the company deposited in bank viz Athens Savings Bank 124181 Total cash items 15 Interest due and accrued on bondsand notes not included in market value uneollected 17 Cash in hands of agents and in course of transmission la Bill receivable All other assets both real and personal Viz Office fur niture maps supplies local agency assets and all other assets Total assets of the company actual cash market value HILiabilities 4 Total gross amount of claims for losses H 079 45 j Deduct reinsurance thereon 852 50 6 Net amount of unpaid losses 15 Dividends declared and remainingunpaid or uncled for J Due and accrued for salaries 18 Amount of borrowed money 19 All other demands against the companyabsolute and contingent due and to become due admitted and con tested viz Due for reinsurance 20 Total amount of all liabilities except capital stock scrip and net surplus y 23 Surplus beyond capital and all other liabilities 16405 00 1584 71 09 42 13162 68 843 36 5976 72 38041 89 10226 95 2582 62 615 00 6000 00 1540 65 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 12328 44 Deduct amount of same not collected 64 97 3 Net collected 4 Gross premiums on risks written and re newed during the year 20965 22 17076 67 38041 89 12263 47 83380 02 5 Total 95643 49 ComptrollerGenerals Report Deduct premiums and bills in course of collection at this date 13162 08 Entire premiums collected during the 33 year Deduct reinsurance 1095728 and re turn premiums 1507532 total 82480 81 26032 60 11 3 2 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 Local agency profits Aggregate amount of income actually received during the year in cash VExpenditures During the Tear Gross amount actually paid for losses in cluding 475815 losses occurring in previous years Deduct all amounts actually received for salvages whether on losses of the last or of previous year 7695 and all amounts actually received for reinsur ance in other companies 230854 total deductions 35871 47 2385 49 Net amount paid during the year for losses Cash dividends actually paid policyholders Paid for commissions or brokerage Total commissions 1172579 less commissions on reinsurance 365251 total Paid for salaries fees expenses 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 Interest 56448 21 902 84 1090 06 58441 11 33485 98 4183 59 8073 28 12969 95 1940 03 525 23 Asareeate amount of actual expenditures during the year in cash 6117806 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1910 4630000 00 111413 42 Written or renewed 4085308 00 83380 02 Tot al 8715308 00 194793 4434 ComptrollerGenerals Eeport 4 Deduct those expired and marked off as terminated 3295308 00 72193 44 6 educte ttend f T arximateIy WTo ilV0 b Deduct the amount reinsured in other companies 487200 00 10480 00 7 Net amount in force T7 finn nn 7 S Neatest amount insured in any one Hsk JJ Business in the State of Georgia During the Year Kre risks written Premiums received srossl returnILV 4085308 00 u gioss return premiums 1507532 to to be deducted Losses paid 83380 02 Losses incurred 35871 47 42110 32 ATLANTA HOME FIRE INSURANCE C0MpANY op Joel Hurt President Principal Office 223 Stable WSSS ICapital 1 Whole amount of capital stock 2 Amount paid up in casn J 200000 00 i up in casn 200000 00 TIAssets 1 Market value of real estate owned by the company less the amount of incumbranees thereon 3 Interest accrued on all said bond anTlVtg Wns 4 Value of lands mortgaged exclusive of buddings and perishable improve ments Value of buildings mortgaged J436 for 580000 as collateral m000 0Q 6 Total value of said mortgaged premises carried inside TOtabseTdbmaH faUSt0CkV olZ absolutely by the company and carried out at market 12 Cash in company prindpal office VO 13 Cash belonging to the company deposited in banks viz Lowry National Bank 2091191 Atlanta National Bank 66309 t0tal 21575 00 Total cash items 23052 90ComptrollerGenerals Beport 35 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 Bonds 17 Gash in hands of agents and in courseof transmission All other assets both real and personal viz OffCH fur niture 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 t 3 Losses resisted including interest costs and other expenses thereon 32391 00 500 00 4 Total gross amount of claims for losses 32891 00 5 Deduct reinsurance thereon 8387 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 11226113 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 12681680 unearned premiums pro rata 56130 56 67999 96 11 Total unearned premiums as computed above carried out 17 Duo 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 stock paid up and net surplus IVIncome During the Year 5210 00 2261 37 34786 52 1500 00 558609 12 24504 00 124130 52 4259 10 152893 62 200000 00 205715 50 558609 12 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 37713 75 THE GENERAL LIBRARY THE UNIVEHGITY OF GEORGIA36 ComptrollerGenerals Report 3 Net collected d 4 Gross premiums on risks written and re newed during the year 5 Total I 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 37713 75 239202 20 276915 95 34786 52 242129 43 85493 54 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 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 3408400 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 106270 and all amounts actually received for reinsur ance in other companies 2032585 total deductions 21388 55 139742 71 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for State national and local taxes in this and other Mates 9 All other payments and expenditures Aggregate amount of actual expenditures during the year in cash VTRisks and Premiums i force on the 31st day of December 21537205 00 tten or renewed 18205463 00 156635 89 3291 89 19754 95 179682 73 318354 16 14000 00 30766 97 15708 83 7043 22 18514 91 204388 09 271339 27 239202 20 39742668 00 510541 47ComptrollerGenerals Eepoet 37 4 Deduct those expired and marked off as terminated 21052298 00 238701 52 5 In force at end of year 18690370 00 271839 93 6 Deduct the amount reinsured in other companies 2255275 00 32762 62 7 Net amount in force 16435095 00 239077 33 8 Greatest amount insured in any one risk 2500 00 Business in the State of Georgia During the Year Fire risks written 4025524 00 Premiums received gross 70349 54 Losses paid 48512 5o Losses incurred 31o89 65 ATLANTIC NATIONAL FIEE INSURANCE CO OF MACON GA Geo Dole Wadley President John J McKey Secretary Principal Office 561 Mulberry St Maeon Ga TCapital 1 Whole amount of capital stock 300000 00 2 Amount paid up in cash 200000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 15577 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 72600 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 1817 18 4 Value of lands mortgaged exclusive of buildings and perishable improvements 76850 00 5 Value of buildings mortgaged insured for 8641500 as collateral 106250 00 6 Total of said mortgaged premises carried outside 183100 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 208454 70 10 Amount of stocks bonds and all other securities except mortgages hypotheca ted to the company as collateral security for cash actually loaned by the company38 ComptrollerGenerals Report with the par and market value of the same and the amount loaned on each 1850000 15000 00 11 Total par and market value and amount loaned thereon 15000 00 12 Cash in companys principal office 587 50 13 Cash belonging to the company in bank American National Bank Macon Ga 254046 Citizens National Bank Ma con Ga 241416 Commercial Nat ional Bank Macon Ga 232007 Fourth National Bank Macon Ga 1 67166 Bank of Commerce Spartan burg S C 9044 National Bank Augusta Ga 35757 State Savings Bank Charleston S C 92214 total 10316 50 Total cash items 10914 00 i Lash in hands of agents and in course of transmission 25 887 89 Accounts receivable Kn Tfl 150 00 lotal assets of the company actual cash market value 350390 77 IIILiabilities 6 Net amount of unpaid losses 8 597 65 7 Gross premiums without any deduction received and receivable upon all unex pired risks running one year or less from date of policy unearned premiums fifty per cent 28140 20 8 Gross premiums without any deduction received and receivable upon all unex pired risks running more than one year from date of policy unearned premiums Pro rata 44980 34 11 Total unearned premiums as computed above carried out 73 120 54 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 473 30 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested total 4g 21 Join stock capital paid up in cash 200 000 00 S Surplus beyond capital and all other liabilities 68199 28 24 Aggregate amount of all liabilities including capital paid up and net surplus 350390 77ComptrollerGenerals Report 39 IVIncome During the Year 4 Gross premiums on risks written and renew ed during the year 8 Deduct reinsurance and return premiums 142375 92 56657 70 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 Profits on sale real estate and investments 15 Aggregate amount of income actually received during year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 5452898 losses occurring i previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 3707 and all amounts actually received for reinsurance in other companies 744804 total deductions 54528 98 7485 11 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 Adjusting expenses 89541 agency miscellaneous expenses 2068 office rent 60000 advertising 195214 miscellaneous 47713 printing and stationery 1 41572 postage telegraph telephone and express 1 52601 furniture and fixtures 68000 maps 47428 Und Bds 134835 fire department 4220 repairs and expenses R E 4062 exchange and interest 53072 lights fuel and office supplies 166290 adjustment of premiums paid on capital stock 108000 total Aggregate amount of actual expenditures during the year in cash VfMiscellaneous In force on the 31st day of December 1910 85718 22 11523 07 4171 26 346 34 16498 23 118257 12 47043 87 12619 05 22524 74 5248 07 12752 16 100187 89 7222943 129638 1740 ComptrollerGenerals Eeport 2 Written or renewed during 1911 8497579 142375 92 3 Total 15720522 272014 09 4 Deduct those expired and marked off as terminated in 1911 7071844 112202 22 5 In force at end of year 1911 8648678 159811 87 6 Deduct the amount reinsured in other companies 1818531 32143 11 7 Net amount in force 6830147 127668 76 8 Greatest amount insured in any one risk 5 000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 4 703 399 00 Premiums received gross gggs 85 Losses paid 2223S 28 Losses incurred 25599 Q2 ATLAS ASSURANCE CO LTD OF LONDON ENGLAND Frank Loch Manager a a tt a as A A King Accountant Principal Office 100 William St New York N Y Cliff 0 Hatcher Atlanta Attorney for Service in Georgia LCapital 1 Whole amount of capital stock 11n00000 00 2 Amount paid up in cash 320 000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 60 000 00 Total par and market value of all stocks and bonds owned absolutely by the company carried out at market valiip r 2059205 00 I ash in companys principal office 693 56 13 Cash belonging to the company deposited in banks viz Merchants National Bank Manhattan Trust Co Union Trust Co Canadian Bank of Com merce First National Bank Illinois 48 398 29 Total cash items lrT 49091 80 1 Interest due and accrued on stocks not included in mar ket value uncollected 21 55r 81ComptrollebGeneeals Bepoet 41 17 Cash in hands of agents and in course of transmission 383895 47 All other assets both real and personal viz Rents due and accrued 23033 due from other companies for reinsurance on losses already paid 3238520 total 32615 53 Total assets of the company actual cash market value 2606363 66 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or supposed losses supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 4193 01 148840 00 148840 00 25832 68 178865 69 37186 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 108850974 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 176041892 unearned premiums pro rata 141679 55 544254 57 941562 87 11 Total unearned premiums as computed above carried out 1485817 44 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses estimated 5000 00 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz State county municipal and federal taxes estimated 36000 00 Commissions 7677909 reinsurance 5491619 total 131695 88 20 Total amount of all liabilities except capital stock scrip and net surplus 1800192 87 23 Surplus beyond capital and all other liabilities 806170 79 24 Aggregate amount of all liabilities including capital paid up and net surplus 2606363 6642 ComptbollebGenebals Repobt 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 I Deduct amount of same not collected 383622 16 110 06 383512 10 3 Net collected 4 Gross premiums on risks written and re newed during the year 2456348 41 5 Total 6 Deduct premiumsandbills incourse of col 283986 lection at this date 383895 47 7 Kntire premiums collected during the year 8 Deduct reinsurance and return premiums 9 Net cash actually received for premium clrried out 11 deceived for interest and divid 2455965 04 743427 66 ends on stocks and bond collateral loans and from all other sources 7f7nrrYroma11 other sources iittin t ny ln valne of 8ecuritieg viz Rent 4g total8 Previously charged off 153802 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 12406307 losses occurring i previous years losses adjustments and patrols 2 Deduct all amountsactually received for h2Wm salvages whether on losses of the last or of previous year 1638954 and all amounts actually received for re insurance in other companies 164 88747 total deductions 181277 01 6 SdTUnt Paidaurin the ar for lossesTTT7 6 1 ad for commissions or brokerage 7 Paid for salaries fees and other charges ofofficers clerks agents and all other employees 8 State national and local tnes in thisand other 9 AD other taata 41441 advertising stationery and printing 20401 49 1712537 38 86575 95 4581 15 1802694 48 1029354 14 331936 83 145014 14 55483 61 ComptrollerGenerals Report 43 postage 1593357 maps 637024 local boards 31 35087 repairs and expenses real estate 348558 travelling 3666271 miscellaneous office expenses 1904489 total 149663 76 10 American branches of foreign companies will please report amount sent to home offices during the year 67283 56 Aggregate amount of actual expenditures during the year in cash 1711452 48 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1911 304755778 00 3144750 26 Excess of original premiums over amount received for reinsurance 1053 31 2 Written or renewed during the year 1911 243242278 00 2456348 41 3 Total 547998056 00 5602151 98 4 Deduct those expired and marked off as terminated 231434384 00 2261579 42 5 In force at end of year 1911316563672 00 3340572 56 6 Deduct the amount reinsured in other companies 50052934 00 491644 50 7 Net amount in force266510738 00 2848928 00 Business in the State of Georgia During the Year Fire risks written 3777757 00 Premiums received gross 50325 61 Losses paid 29901 32 Losses incurred 30801 3 AUGUSTA FIRE INSURANCE COMPANY OF AUGUSTA GEORGIA Thomas Barrett Jr President Chas I Mell Secretary Principal Office Johnston Building ICapital stock 1 Whole amount of capital stock 2 Amount paid up in cash 124300 0044 ComptbollebGenerals Repobt HAssets 8TlZnrl0t downed absolutely by the company carried value 12 Cash in company s principal office aSh bdBg to the company deposited m bank Augusta Savings Bank 2 09215j IrishAmerkau Bank 155707 Merchants Bank 210448 National Exchange Bank 167746 Union Savings Bank 160585 Citizens Bank ot Waynesboro 18044 total ot at market 735 25 234423 00 9217 45 Total cash items 15 Merest due and accrued on stocks ineiuded in fc 17 CaT Ilt0ted this is on bonds and stocks To et of the company actual cash market IIILiabilities 1 Bosses due and unpaid 2 Gross losse i process of adj suspense including a supposed losses 393 00 393 00 4 Total gross amount of claims for losses Deduc1 reinsurance thereon 393 00 10 37 12814 07 6 Net amount of unpaid losses GT2 VVS wilt deduion received nl Pired Ore nsks nuig one year or less from date of policy 2563935 n earned premiums fifty per cent 7 7li any deduction V1 receivable upon all unex Ped Are risks running move than one year from date of policy 1578143 un 6anied I lro rat 12828 slrrirrirr vw Due reinsurance companies nested 9952 70 4942 65 16787 35 10 37 value 266116 77 382 63 25643 11 Total ComptbollbbGbnebals Repobt 45 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 premium on risks written and renewed during the year 8 Deduct reinsurance and return premiums 55505 60 15454 33 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 13 Received for calls on capital and surplus 15 Aggregate amount of income actually received during year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 1333 losses occurring in previous years 22121 74 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 736581 total deductions 7365 81 Net amount paid during the year for losses 6 Paid for commissions or Brokerage 7 Ia id 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 stationery postage rent travelling expenses and general expenses Aggregate amount of actual expenditures during the year in cash 124300 00 113958 10 266116 07 40051 27 9075 03 14800 00 63926 30 14755 93 6769 59 8345 48 1800 06 5617 70 37288 76 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 1279340 00 14764 96 2 Written or renewed during 1911 3414234 00 55505 60 3 Total 4693574 00 70270 5846 ComptrollerGenerals Report 4 Deduct those expired and marked off as terminated in 1911 181M 1810139 00 21494 93 5 In force at end of year 1911 p sss on 6 Deduct the amount reinsured irioer 48775 63 companies 52867 00 7364 85 7 Net amount in force 0 8 Greatest amount insured In any onerisk J J Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross 2924824 00 Losses paid 46669 53 Losses incurred 22083 03 22476 03 BOSTON INSURANCE COMPANY OF BOSTON MASSACHUSETTS Bansom B Fuller President fto r treeman Niekerson Secretarv Pnncpa Office 137 Mills St Boston Mass y W L Wilson Attorney for Service in Georgia LCapital 1 Whole amount of capital stock 2 Amount paid up ln cash 1000000 00 ILAssets 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 nrst hens on the fee simple 3 Interest due on all said bond and mortgageloanss 10018 interest accrued thereon 246027 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 574 900 00 5 Value of buildings mortgaged insured for 46746400 as collateral 403900 00 6 Total value of said mortgaged premises carried inside 0 c TlZ TV bond w0ned0 absolutely by the company carried out at market 12 Cash in companys principal office 13 Cash belonging to the company deposited 1000000 00 34000 00 510900 00 4625 45 in bank Total cash items 10473 90 356861 15 4918119 00 367335 05ComptbolleeGeneeals Eepobt 47 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 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 Premiums in course of collection on business written sub sequent to October 1 1911 Notes receivable 13853 84 1029 25 53379 31 240 05 510297 50 160 00 Total assets of the company actual cash market value 6467539 45 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 losses resisted including interest costs and other expensese thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all uncx pired fire risks running one year or less from date of policy 92360735 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 179031850 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 ocean marine risks 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 454713 73 36139 24 490852 97 83324 44 407528 53 461803 67 953777 41 584335 00 32318 66 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 2032234 74 50000 00 2946 4048 Comptroller Generals Eeport 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Estimated amount due for federal State and other taxes Estimated amount due for commissions and brokerage to agents 29499 05 72721 04 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 2594929 76 1000000 00 2872609 69 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year Eire Marine Inland 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 265590 06 312815 74 6467539 45 3 Net collected 265590 06 4 Gross premiums on risks written and renewed dur ing the year 2417139 43 5 Total 2682729 49 6 Deduct premiums and bills in course of collection at this date 256799 82 312815 74 2131120 00 2443935 74 307761 51 7 Entire premiums collected during the year 2425929 67 2136174 23 8 Deduct reinsurance and re turn premiums 958114 94 520100 37 9 Net cash actually received for premiums carried nxUtJ1467814 73 1616073 86 10 Received for interest on bonds and mortgages collateral loans and from all other sources 12 Income received from all other sources omitting increase if any in value of securities viz Rents 190 00 profits home office agency 212596 dividends on bank stock in liquidation 1500 profit on sale of securities 3588 total 3083888 59 27619 02 216481 26 3851 84 ComptrollerGenerals Report 49 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Fire Marine Inland 1 Gross amount actually paid for losses including 29978270 losses occur ring in previous years 2 Deduct all amounts actu ally received for salva ges whether on losses of the last or of previ ous year 11463129 and all amounts actually received for reinsurance in other companies 481 84802 total deductions and discounts 138959 Net amount paid during the year for losses 896648 57 922444 36 1819092 93 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 300000 00 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for State national and local taxes in this and other StateS an ncn 7 9 All other payments and expenditures Aggregate amount of actual expenditures during the year in cash VIRisks and Premiums Fire Risks Premiums Thereon m force on the Slrt day of December J fS 43 2 Written or renewed during the year 244332699 00 2417139 58167502100 5682627 62 4 Total w 5 Deduct those expired and marked off as terminated 6 In force at the end of the year 81 3505966 10 7 Deduct amount reinsurance in companies authorized to transact business in Massachusetts f Wp 28189618100 2713925 85 8 Net amount in torce 50 ComptrollerGenerals Report Business in the State of Georgia During the Year Fire marine and inland risks written 537 751 00 Premiums received gross 7606 71 osses Paid 368 74 Losses incurred o 3968 74 BRITISH AMERICA ASSURANCE COMPANY OF TORONTO CANADA W B Meikle General Manager W H Banks Assistant Secretary Prmcipal Office 18 20 and 22 Front St East Toronto Canada Attorney for Service in Georgia C H Godfrey Atlanta Ga ICapital 1 Whole amount of capital stock 210000 00 IIAssets 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 1q r Yf 1292781 71 13 Cash belonging to the company deposited in bank Canadian Bank of Commerce N Y Corn Exchange National Bank Chicago United States Mortgage Trust Co 229018 14 Total cash items 15 Interest due and accrued on stocks not included inmarke value uncollected 17 Cash in hands of agents and in course of transmission 18 Bill receivable not matured taken for fire marine and inland risks 19 All other Assets both real and personalasper Vehednlo attached due from other companies Citizens Bank Charleston W Va 6533 Franklin Bank Philadel phia Pa 848 London Assurance New York City 4356 National Fire Bank Hartford Conn 08 National Lumber Bank Buffalo N Y 424 New Brunswick Bank New Brunswick N J 709 1521799 85 20934 73 152330 72 444 41 128 7 Total assets of the company actual cash market value 1695638 49 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 3 Losses resisted including interest costs and other expenses thereon 119122 04 18861 20 4 Total gross amount of claims for losses 137 983 24CoMPTBOLLERGrENEKAIis RePOBT 5 Deduct reinsurance thereon 26299 00 51 0 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 68607697 un earned premiums fifty per cent 343038 49 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 89082031 unearned premiums prorata 463672 71 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 Accrued taxes 1429744 commission due agents 3815723 111684 24 806711 20 2309 64 52454 67 Total 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 collection at close of last previous year as shown by that years statement 173810 83 3 Net collected 173810 83 4 Gross premiums on risks written and re newed during the year 1411956 24 5 Total 1585767 07 6 Deduct premiums and bills in course of collection at this date 155506 52 973159 75 210000 00 512478 74 1695638 49 7 Entire premiums collected during the year 10260 55 8 Deduct reinsurance and return premiums 458793 55 9 Net cash activaTly received for premiums carried out 971407 0052 CompteollebGeneeals Bepoet 15 Aggregate amount of incontaii year in cash reCmed daS the VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 7518334 losses oceurri previous years 55875 07 1027342 07 ring in Net 5t amount paid during the year for 649357 72 126136 82 6 Paid for commissions or brokerage 523 i Paid for salnrips f j 222 for salaries fees and other W a a tllZ A i220 90 222980 54 50526 29 31890 02 107288 06 9848 30 945754 11 VIMiscellaneous f the 31st day of December Preniiums Thereon 1 In fore Per line 5 under this headinst years statement 2 Written or renewed ng theyea iS W 79 over amount W6838449 00 1411956 24 i si piemiums over amount received for reinsurance a m 3643 23 4 Total 5 Deduct those expired andmarked offi32477489 0 3171340 26 terminated 140407308 1324314 85 6 In force at the end of the year T Deduct amount reinsured 184367589 1847025 41 8 Nei amount in force 28953750 00 270128 13 155413839 i 15789788ComptrollerGenerals Report 53 Business in the State of Georgia During the Year Fire marine and inland risks written iS 25 Premiums received gross 16296 34 Losses paid 16971 34 Losses incurred CALEDONIAN TIRE INSURANCE COMPANY OF SCOTLAND Ohas H Post U S Manager R C Christopher Asst U S Mgr Principal Office in U S 5052 Pine St New York N Y S Mathews Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 2687500 00 v 4 537500 00 2 Amount paid up m cashp ITAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 525000 00 Total par and market value of stocks and bonds owned absolutely bv the company carried out at market 1268060 00 value 12 Cash in companys principal office 318 34 13 Cash belonging to the company deposited in banks 144316 51 n i 4 144634 85 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 8006 17 Cash in hands of agents and in course of transmission 21729 W All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 2785 91 Total assets of the company actual cash market value 2165784 98 TTTLiabilities 1 Losses due and unpaid 30410 27 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses I15666 75 3 Losses resisted including interest costs and other expenses thereon 23253 13 4 Total gross amount of claims for losses 109330 15 5 Deduct reinsurance thereon 2853 754 ComptrollerGenerals Report 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all nnex pired fire risks running one year or less from date of policy 92488658 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 177465420 unearned premiums pro rata 140799 IS 462443 28 939879 20 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 Taxes due and accrued 2500000 re insurance premiums 2521357 reserve for contingen cies 1000000 total 1402322 48 2000 00 60213 57 20 Total amount of all liabilities except capital stock scrip and net surplus 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 2081192 39 8 Deduct reinsurance and return premiums 601626 29 1605335 23 560449 75 2165784 9S 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 Rents 2240098 agents balances previously charged off 4720 profit on sale of bonds 110625 total 1479566 10 57600 64 23554 43 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 12879799 losses occurring in previous years 925023 14 1560721 17ComptrollerGenerals Eeport 55 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 577624 and all amounts actually received for reinsur ance in other companies 12557862 total deductions 131354 86 Net amount paid during the year for losses 793668 28 6 Paid for commissions or brokerage dd3S40 7 Paid for salaries fees and other charges of officers clerks agents and all other employees llHJla uo 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures 0 10 American branches of foreign companies will please report amount sent to home offices during the year 125034 24 Aggregate amount of actual expenditures during the year 1363714 51 m cash v VIRisks and Premiums 1 In force on the 31st day of December 266954592 00 2939542 65 2 Written or renewed during the year 186978737 00 2081192 39 3 Excess of original premiums over amount received for reinsurance 479 o 4 Ttal 453933329 00 5068670 07 5 Deduct those expired and marked off as terminated 172485163 00 1973964 1 6 In force at the end of the year281448166 00 3094705 90 7 Deduct amount reinsured 34546580 00 395165 12 8 Net amount in force 246901586 00 2699540 78 Business in the State of Georgia During the Year 1411727 00 Fire risks written 17 392 54 Premiums received gross 12o86 23 Losses paid 14307 98 Losses incurred 56 ComptrollerGenerals Report camden fire insurance association of camden new jersey Edmund E Read Jr President Joseph K Sharp Secretary Principal Office 434 Federal St Attorney for Service in Georgia Dan B Harris Atlanta Ga 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 inenmbrances thereon 48 200 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 652 775 00 3 Interest due on all said bond and mortgage loans 90625 interest accrued thereon 834820 total 9254 45 4 Value of lands mortgaged exclusive of buildings and perishable improvements 697800 00 5 Value of buildings mortgaged insured for 60025000 as collateral 809375 00 6 Total value of said mortgaged premises carried inside 1507175 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market vale 1495208 00 11 Total par and market value and amount loaned thereon 51000 00 12 Cash in companys principal office 1562 38 13 Cash belonging to the company deposited in bank 87612 60 Ttal 89174 98 lo Interest due and accrued on stocks not included in market value uncollected 15 246 64 16 Interest due and accrued on collateral loans and uncollected 621 02 17 Cash in hands of agents and in course of transmission 199244 76 Interest accrued on bank deposits 679 09 Cash deposit with Philadelphia Underwriters Association 100 00 Total assets of the company actual cash market value 2561 503 87 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 120076 00 4 Total gross amount of claims for losses 120076 00 ComptrollerGenerals Report 57 5 Deduct reinsurance thereon 19986 42 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 85089274 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 141259655 unearned premiums pro rata 11 Total unearned premiums as computed above carried out 19 Amount reclaimable on perpetual polices 16 Cash dividends to stockholders remaining unpaid 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 federal state and other taxes and future 100089 58 425446 37 734506 96 contingencies Interest paid in advance mortgage No 58o 1159953 33 26688 40 317 90 1002 95 30000 00 25 00 Total 1 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 1318077 16 500000 00 743426 71 2561503 87 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year 2 Deduct amount of same not collected 273911 77 1789 80 T 270050 67 3 Net collected v 4 Gross premiums on risks written and renewed during the year 1895379 12 5 Total 6 Deduct preimums and bills in course of collection at this date 2163639 79 284669 45 7 Entire premiums collected during year WW f 8 Deduct reinsurance and return premiums 589804 7158 OOMPTEOLLEK GENERAL s BePORT 9 Net cash actually received for premiums carried out j Deposit premiums on perpetual risks 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 Fees brokerage and profits of Truscott Sharp agency 1289165 63 1478 00 33872 33 70323 77 318 80 2092 10 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 10906223 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 988215 and all amounts actually received for re insurance in other companies 117 02679 total deductions 126 908 94 1397250 63 853265 02 Net amount paid during the year for losses Expenses of adjustment and settlement of losses 1 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 600 00 5 Deposit premiums returned 6 Paid f or commissions or brokerage 7 Paid for salaries fees and other charges of offeers 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 insurance depart ment fees fire department maps Underwriters Associa tions agency expenses postage telephone etc 726356 08 10514 72 59979 60 375 00 340524 69 73051 66 19513 67 66880 12 Aggregate amount of actual expenditures during the year in cash 1297195 54 VIMiscellaneous T Fire Risks Premi In force on the 31st day of December w U1 218942956 00 l Written or renewed during 191i 66192149 00 ums Thereon 2428226 26 1915835 79 3 Total 385135105 00 4344062 05ComptrollerGenerals Report 4 Deduct those expired and marked off as terminated m 1911 i f r 1011 229572105 00 2550817 76 5 In force at end of year iyil t 6 Deduct the amount reinsured in other companies Wo 205663853 00 2263489 29 7 Net amount in force 600 00 8 Greatest amount insured in any one risk CITIZENS FIRE INSURANCE COMPANY OP CHARLESTOWN W VA E W Alexander President W W Alexander Secretary Principal Office Charlestown W Va Robert N Hughes Atlanta Attorney for Service in Georgia ICapital j 4 i 325000 00 1 Whole amount of capital stock oVnon nn 2 Amount paid up in cash 325000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first lions on the fee simple 3 Interest due and accrued on all said bond and mortgage loans 24d 4 Value of lands mortgaged exclusive of buildings and perishable improvements 349510 UU 5 Value of buildings mortgaged 165910 6 Total value of said mortgaged premises j 515420 00 carried inside 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 Fidelity Trust Co Baltimore Md 4581654 Farmers Merchants Deposit Co Charlestown W Va 2602151 Baker Watts Co Baltimore Md 698750 total 7882o jo 78825 55 Total cash items i 15 Interest due and accrued on bonds not included in mar ket value uncollected 16 Interest due and accrued on mortgage loans and un collected 60 ComptrollerGenerals Eeport 17 Cash in hands of agents and in course of transmission 48 817 18 All other assets both real and personal viz Interest on deposits oo 55 Hanover our o 15 Deposit with Philadelphia underwriters 100 00 Total assets of the company actual cash market value 637465 17 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 38980 16 4 Total gross amount of claims for losses 38980 16 5 Deduct reinsurance thereon g 293 12 6 Net amount of unpaid losses 32 687 04 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 19397900 un earned premiums fifty per cent 9698950 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 17447540 unearned premiums pro rata 102895 25 11 Total unearned premiums as computed above carried out 199 884 75 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 700 40 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Federal State and other taxes 5033 50 20 Total amount of all liabilities except capital stock scrip and not surplus 238 21 Jomt stock capital actually paid up in cash 325 000 00 23 Surplus beyond capital and all other liabilities 74159 48 24 Aggregate amount of all liabilities including capital paid up and net surplus mm 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 33512 91 ComptrollbkGenekals Report 61 Net collected 4 Gross premiums on risks written and re newed during the year 5 Total 6 Deduct premiums and bills in course ot collection at this date 33512 91 420592 87 454105 78 49582 04 7 Entire premiums collected during the 404523 li 8 Deduct reinsurance and return premiums 115874 71 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 Time deposits in banks 13 Received for increase capital eived during the 15 Aggregate amount of income actually roceiv year in cash VExpenditures During theYear 1 Gross amount actually paid for losses in cluding 1656397 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1062954 and all amounts actually received for reinsur ance in other companies 1445088 total deductions 179505 II 25080 42 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 expense agencv miscellaneous expense rent advertising print ing and stationery postage telegrams furniture and fixtures etc Aggregate amount of actual expenditures during the yea in cash 288649 03 9811 97 14871 57 1681 69 32500 00 347514 26 54484 99 15010 00 84735 21 26739 07 7412 12 25143 70 313515 1262 ComptrollerGenerals Beport VIRisks and Premiums In force on the 33 st day of December 1910 20097719 70 257615 99 Excess of original premiums over amount received for reinsurance 26 143 23 2 Written or renewed during 1911 39676384 13 420592 87 3 Total 60374103 89 704352 09 4 Deduct those expired and marked off as terminated 26442765 38 284856 81 5 In force at end of year 1911 33931338 51 419495 28 6 Deduct the amount reinsured in other companies 4450863 36 51040 88 7 Net amount in force 29480475 15 368454 40 8 Greatest amount insured in any one risk 15 000 00 CITIZENS FIRE INSURANCE COMPANY OF MISSOURI Charles E Chase President P 0 Crocker Secretary Principal Office Pierce Building St Louis Mo Egleston Prescott Attorneys for Service in Georgia ICapital 1 Whole amount of capital stock 200000 00 2 Amount paid up in cash 200000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first Hens on the fee simple j 97200 00 J Interest due on all said bond and mortgage loans 50000 interest accrued thereon 67116 total 117110 4 Value of lands mortgaged exclusive of buildings and perishable improvements 99800 00 5 Value of buildings mortgaged insured for 11675000 as collateral 137500 00 6 Total value of said mortgaged premises carried inside 237300 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value r 557445 00 1 ash in companys principal office 113 72 l ash belonging to the company deposited in bank 152141 44 Total cash items 152255 16 ComptrollerGenerals Report 63 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 Total assets of the company actual cash market value IIILiabilities 1 Losses adjusted and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 48105 96 121146 99 10557 21 179810 16 129990 58 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all nnex pired fire risks running one year or less from date of policy 38209255 un earned premiums fifty per cent 191046 08 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 49286107 unearned premiums pro rata 266244 42 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 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 8895 14 55731 17 872697 63 49819 58 457290 50 5175 00 512285 08 200000 00 160412 55 872697 0364 ComptrollerGenerals Report IVIncome During the Year Fire Marine Inland 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 12796 01 SNet collected 12796101 4 Gross premiums on risks written and renewed dur ing the year 2134269 96 153 37 5 Total 2262230 97 6 Deduct premiums and bills in course of collection at this date 84207 36 153 37 T Entire premiums collected during the year 2178023 61 8 Deduct reinsurance and re turn premiums 1593001 13 153 37 57 52 9 Net cash actually received for premiums carried out 585022 48 10 Received for interest on bonds and mortgages 1 1 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 17929253 losses occurring in previous years 1166077 17 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 2204868 and ill amounts actually received for rein surance in other companies 799 64091 total deductions 821 689 59 Nel amount paid during the year for losses I Oash dividends actually paid stockholders amount of stockholders dividends declared during the vearl 2400000 585080 00 4604 15 25813 72 015497 87 344387 58 24000 00 ComptrollerGenerals Report 65 u i 96193 76 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 expense 589751 rents 289860 printing and advertising 419096 postage telegrams etc 757791 boards and inspections 1089221 miscellaneous 139489 total 215 69 10 Agents balances charged off Aggregate amount of actual expenditures during the year in cash VIRisks and Premiums In force December 31 1910233215566 00 2 896729 59 Written or renewed during the year 170677188 00 2134269 96 Totals 403892754 00 5030999 55 Deduct those expired and marked off as terminated 1799o46ol 00 2211588 In format the end of the year 1911 223938103 00 281941147 Deduct amount reinsured 149471820 00 J Net amount in force December 31 1911 74466283 00 874953 22 Business in the State of Georgia During the Year Fire marine and inland risks written 3960112 00 Premiums received gross less reinsurance premiums 7 92285 28941 66 Losses paid 26g g5 Losses incurred CITY OF NEW YORK INSURANCE COMPANY OF NEW YORK N Y Major A White President Tn T Home Office Maiden Lane William Street New York N ICapital 1 Amount of capital paid up in cash 50000 0066 ComptEollebGenebals Eepoet 2 Amount of ledger assets as per balance December 31 of previous year 1512980 99 4 Extended at 1512980 99 IIIncome 5 Gross premiums 1081 166 G4 0 Deduct gross amount paid for reinsurance fire 24816280 return premiums fire 22260011 470762 91 7 Total premium other than perpetual 9 Gross in I crest on mortgage loans 11 Gross interest on bonds and dividends on stocks less 184256 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 13 Gross interest from all other sources L1336 11 610403 73 11111 35 1686 06 22 17 Total gross interest and rents 25 From agents balance previously charged off 26 Gross profit on sale or maturity of ledger assets viz real estate Stocks 54463 74 6 68 2400 00 12735 50 28 Total income 15135 50 2192990 64 IIIDisbursements 1 Gross amount paid policyholders for losses including 5260407 occurring in ious years 2 Deduct amount received for salvage fire 327791 reinsurance fire 14352RK discount fire 65085 458010 47 ire 14352685 147455 til 3 Nei amount paid policyholders for losses t KMses of adjustment and settlement of losses o Commissions or brokerage T salaries 1469800 and expenses HmM of sfceciai and neral agents 8Sr7 i trustees and home office employees J K including conpnnvs occupancy of fa buildings 10 Advertising 121988 printing and stationery 58M 30 11 Postage telegrams telephone and express 12 Legal expenses 310554 B6 8684 86 125428 Tii 24475 43 64053 7r II 19 62 7011 13 64 10 25 170 25 ComptbolleeGeneeals Eepobt 67 2828 47 13 Furniture and fixtures 3 610 62 14 Maps including corrections 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses Q5 17 Inspections and surveys 12325 98 20 State taxes and premiums 6206 g6 21 Insurance department licenses and fees 22 All other licenses fees and taxes federal corporation tax 1919 municipal licenses 298519 total 3 Other disbursements traveling expenses 137581 mercantile agencies 134650 sundry office expenses 35516 34 Paid stockholders for interest oxdividends amount de clared during the year 50000 41 94 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz bonds 2500 stocks 92950 649031 69 41 Total disbursements IVLedger assets 2 Mortgage loans on real estate first liens 24600000 other than first 246000 00 4 Book value of bonds 36887750 and stocks 69332413 106220163 5 Cash in companys office 5938 54 6 Deposits in trust companies and banks not on interest 6939 32 7 Deposits in trust companies and banks on interest 57440 51 70318 37 8 Agents balances representing business written subsequent to Oct 1 1911 160487 39 9 gents balances representing business written prior to October 1 1911 4951 56 16 Total ledger assets as per balance 1543958 95 NonLedger Assets 17 Interest due and accrued on mortgages l9o7 50 18 Interest due and accrued on bonds 5395 83 m 7353 33 24 Total 1551312 2 30 Gross assets T 68 ComptrollerGeneeals Eepoet Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 4951 56 39 Bonds and stocks 82 151 63 40 Total 87103 19 41 Total admitted assets 1 464 209 09 VLiabilities 1 Gross losses adjusted and unpaid not yet due 3538 00 2 Gross claims for losses in process of adjustment or in suspense plus 2 14100 reserve for losses incurred prior to Dec 31st 54633 00 3 Gross claims for losses resisted 11460 00 4 Total 69631 00 5 Deduct reinsurance due or accrued 20739 86 6 Net amount of unpaid losses and claims 48891 14 7 Gross premiums less1 reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 38159295 unearned premiums fifty per cent 190796 47 8 Gross premiums less reinsUrance received and receivable upon all unexpired fire risks running more than one year from date of policy 55014204 unearned premiums pro rata 323677 86 11 Total unearned premiums as computed above 514474 33 17 Dividends declared and unpaid to stockholders 12500 00 18 Salaries rents expenses bills accounts fees etc due 0r accrued 1000 00 19 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement y qq 0f 21 Return premiums reinsurance premiums 51581 97 26 Total amount of all liabilities except capital 635947 44 27 Capital actually paid up in cash 50000000 28 Surplus over all liabilities 328 261 65 29 Surplus as regards policyholders 828 261 65 30 Total liabilities 1464209 09 ComptrollerGenerals Keport VIRisks and Premiums Fire Risks Premiums Thereon In f0ree on te SI day of December 107465X06 00 X 053 562 37 2 Written or renewed during year lll8iua ou 219276084 00 2134729 01 4 Total 5 Deduct those expired and marked off as Q 8i8732 41 terminated i fi57 564 00 1315996 60 6 In force at the end of the yearf 00 384 261 61 7 Deduct amount reinsured dtv 97380212 00 931734 99 8 Net amount m force Business in the State of Georgia During the Year i 911157 00 Fire marine and inland risks written 17 235 88 Premiums received gross 42 35 Losses paid 8060 35 Losses incurred COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GEOBGIA J Y Carithers President 0 Stockdell Secretar Principal Office Southern Mutual Bldg Corner College Ave and Clayton Streets Athens Ga Andrew C Erwin Athens Attorney for Service in Georgia ICapital t 100000 00 1 Whole amount of capital stock v 2 Amount paid up in cash 100000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due an all said bond and mortgage loans 68800 interest accrued thereon 37306 total w 4 Value of lands mortgaged exclusive of buildings and perishable improvements 22350 00 6 Total value of said mortgaged premises carried inside 22350 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 11 Total plr and market value and amount loaned thereon 41100 00 12 Cash in companys principal office 13 70 ComptrollerGenerals Eeport 13 Cash belonging to the company deposited in banks viz National Ban of Ath ens 854776 Exchange Bank of Albany 66625 Citizens Bank Trust Co Athens 130980 First National Bank Monticello 27679 Bank of Midville 15003 total 10963 80 Total cash items 15 Interest due and accrued on stocks and bonds not included in market value uncollected 16 Interest due and accrued on collateral loans and un collected 17 Cash in hands of agents and in course of transmission not over 90 days 7328 22 732S 22 2000 00 Net amount of unpaid losses Gross premiums without any deduction received and receivable upon all rnex pired fire risks running one year or less from date of policy 2868812 un earned premiums fifty per cent Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 2123897 unearned premiums pro rata 14344 06 16587 50 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Due to reinsuring companies 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 10963 80 993 83 3208 19 10918 87 Total assets of the company actual cash market value 209865 75 III Liabilities 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 5328 22 30931 56 658 68 36918 46 100000 00 72947 29ComptrollerGeneral s Report Dunt of all liabilities including capital paid 24 Aggregate amon up and net surplus XVIncome 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 9364 40 3 Net collected 4 Gross premiums on risks written and re newed during the year 9364 40 54210 94 5 Total 6 Deduct premiums and bills in course of col lection at this date 63575 34 10918 87 7 Entire premium s collected during the year 8 Deduct reinsurance and return premiums 52656 47 12950 47 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 20207 13 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in eluding 374982 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year and all amounts actually received for reinsurance in other Companies 274246 total 2742 46 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 Traveling expenses general expenses postage express telegrams exchange stationery and printing advertising 71 209865 75 39706 00 548 00 8788 50 49042 50 17464 67 6970 50 9547 27 1006 05 11304 65 A rebate amount of actual expenditures during the year s 46293 80 in cash 72 ComptrollerGenerals Report VIRisks and Premiums In force on the 31st day of December 1910 1826195 00 34146 75 2 Written or renewed during 1911 275743100 54210 94 jtal 4583626 00 88357 69 4 Deduct those expired and marked off as terminated in 1911 1573158 00 26307 52 5 In force at end of year 1911 3010468 00 62050 17 6 Deduct the amount reinsured in other eomPanies 446349 00 8123 08 7 Net amount in force 2564119 00 53927 09 8 Greatest amount insured in any one risk 500 00 Business in the State of Georgia During the Year Fire risks written gross 2757431 00 Premiums received gross return premiums are 6133 02 54 910 94 Lossespaid net 17464 67 Losses incurred net 1043 07 COLUMBIA FIRE INSURANCE COMPANY OF JERSEY CITY NEW JERSEY Geo F Crane President c E DeaD Secretarv Principal Office 15 Exchange Place Jersey City N J J L Dickey Jr Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 400 000 00 2 Amount paid up in cash 400000 00 IIAssets Total par and market value of stocks and bonds owned absolutely by the company carried out at market r laT 740795 00 13 Cash belonging to the company deposited in banks viz Metropolitan Trust Co 2447380 Commercial Trust Co 1 62526 total 26099 06 Total cash items 26099 0J 15 Interest due and accrued on stocks not included in mar ket value uncollected 8 680 41ComptrollerGenerals Eeport 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Cash de posit Ontario department 2714 46 1104 65 3819 11 240 56 6 Net amount of unpaid losses 8 Gross premiums without any deduction received and receivable upon all unex pired inland risks running more than one year from date of policy 921822 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 3 10 Gross premiums without any deduction received and receivable on all unex pired short term inland marine risks 6625 83 154746 78 5446 06 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 Payable for State and other 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 73 73409 39 10000 00 Total assets of the company actual cash market value 858983 86 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses3 5 Deduct reinsurance thereon 24 Aggregate amount of all liabilities including capital paid up and net surplus 3578 55 166818 67 500 00 9000 00 179897 22 400000 00 279086 64 858983 8674 ComptrollerGenerals Repobt IVIncome During tlie Year Marine Inland 4 Gross premiums on risks written and re newed during the year 983 20S 47 8 Deduct reinsurance and return premiums 622661 75 9 Net cash actually received for premiums carried out 1 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 dining the year in cash j VExpenditures During the Year Marine Inland 1 Gross amount actually paid for losses in cluding 651774 losses occurring in previous years 397665 29 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1860415 and all amounts actually received for reinsur ance in other companies 21647968 total deductions 235 083 83 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 1lil1 fr 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 Printing and stationery 211478 underwriters boards 71368 in surance fees etc 153149 corporation tax 27738 investment expenses 28149 total Aggregate amount of actual expenditures during the year in cash VIRisks and P remiums 1 In force on the 31s1 day of December 59017307 00 2 Written or renewed during the year 106792204 00 360546 71 26582 72 1079 30 27662 02 388208 73 632749 12 162581 46 114799 35 12150 21 8760 71 10536 04 308827 77 661399 76 983208 47 4 Total 165809511 00 1644608 23ComptrollerGenerals Eeport 75 5 Deduct those expired and marked off as q terminated ID u s 7 Deduct amount reinsured 13UTO u 17 437 166 00 324157 84 8 Net amount in force lfioo uu Business in the State of Georgia During the Year 529123 00 Marine and inland risks written Premiums received gross 5ggi 5Q Losses paid 5 5Q Losses incurred COMMERCIAL FIRE INSURANCE COMPANY OF THE DISTRICT OF COLUMBIA W S Hoge President 1 F Grove Secretary Principal Office Southern Bldg W II Rhett Atlanta Attorney for Service in Georgia ICapital 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 136300 00 3 Interest due on all said bond and mortgageloans 4352o interest accrued thereon 167033 210o 58 4 Value of lands mortgaged exclusive of buildings and perishable improvements 123248 00 5 Value of buildings mortgaged insured for 15239000 as collateral 15800000 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 39220 00 value 12 Cash in companys principal office 25481 89 13 Cash belonging to the company deposited in bank District National Bank Washington 10555194 National Bank of Danville Va 138300 Merchants National Bank Jersey City 500000 total 137416 83 15 Interest due and accrued on stocks not included in market value uncollected 815 39 17 Cash in hands of agents and in course of transmission 51338 7976 ComptbollebGeneeals Repoet Interest accrued on certificates of deposit Deposit to clear title to real estate 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 101161 66 un earned premiums fifty per centsj 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 2358467 un earned premiums pro rata 9 Gross premiums without deduction includ ing both cash and bills received and receivable upon all unexpired inland navigation and marine risks 50580 83 11668 47 19200 00 Total 21 Joint capital actually paid up in cash 23 Surplus beyond capital and all other liabilities shown by that years statement 2 Deduct amount of same not collected 9448 95 160 24 3 Net collected 9288 71 4 Gross premiums on risks written and renew ed during the year 187791 52 1 48 100 00 Total assets of the company actual cash market value 367298 07 IIILiabilities 1 Losses due and unpaid 2032 32 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 6143 19 8175 51 11 Total unearned premiums as computed above carried out 81449 30 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz reserved for taxes 1500 00 91124 81 200000 00 76173 26 24 Aggregate amount of all liabilities including capital paid up and net surplus 367298 07 IVIncome During The Year 1 Gross premiums and bills in course of col lection at close of last previous year as 5 Total 197080 23ComptrollerGenerals Eeport 77 6 Deduct premiums and billsin course of collection at this date 7 Entire premiums collected during the year 8 Deduct reinsurance and return premiums 51338 79 145741 44 45055 37 9 Net cash actually received for premiums earned out 10 Received for interest on bonds and mortgages U 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 83304 premiums on stock 6014000 exchange 75 total 13 Received for calls on capital for increase capital 15 Aggregate amount of income actually received during the year in cash VExpenditures During The Year 1 Gross amount actually paid for losses in cluding 336516 losses occurring m previous years 100686 07 6234 20 30 40 60973 79 100000 00 267924 46 36170 91 2 Deduct all amounts actually received tor salvages whether on losses of the last or of previous year 343 and all amounts actually received for reinsurance in other companies 8650 total deductions 89 93 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 offcers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 36080 98 7000 00 49319 50 7372 07 2117 33 Total 8912 71 Aggregate amount of actual expenditures during the year in cash 110803 19 YIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 7069042 00 60575 1378 ComptrollerGenerals Report 2 Written or renewed during 1911 10041697 00 187791 52 3 Total 17110739 00 248366 65 4 Deduct those expired and marked off as terminated in 1911 6468419 00 79681 72 5 In force at end of year 1911 10642320 00 168684 93 6 Deduct the amount reinsured in other companies 835827 00 11938 60 7 Net amount in force 9806493 00 156746 33 8 Greatest amount insured in any one risk 10000 00 Business in the State ri Georgia During the 1ear Fire marine and inland risks written 1285308 00 Premiums received gross 24666 96 Losses paid 377 16 Losses incurred 571 12 COMMERCIAL UNION ASSURANCE CO LTD OF LONDON ENGLAND A H Wray Manager Principal Office in U S Cor Pine and William Sts New York N Y D I Melntyre Atlanta 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 bonid and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 14000 00 5 Value of buildings mortgaged insured for 3000000 as collateral 35000 00 588000 00 23000 00 466 25 6 Total value of said mortgaged premises carried inside 49000 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 5080760 00 CompteollerGenekals Eepoet 79 12 Cash in companys principal office 495 27 13 Cash belonging to the company deposited in banks 470945 53 471440 80 Total cash items 15 Interest due and accrued on stocks not included in mar ket yalue uncollected 687 00 17 Cash in hands of agents and in course of transmission 1045790 84 All other assets both real and personal viz Bents due j 9237 14 and accrued Total assets of the company actual cash market value 7587440 03 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 549133 91 3 Losses resisted including interest costs and other expenses thereon 44394 00 4 Total gross amount of claims for losses 593527 91 5 Deduct reinsurance thereon 100257 57 6 Net amount of unpaid losses 493270 34 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 307530968 un earned premiums fifty per cont 1537654 84 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 420534578 unearned premiums pro rata 2206018 96 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 79325 11 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 76986 24 11 Total unearned premiums as computed above carried 3899985 15 out 12 Net premiums reserve and all other liabilities except capital under the life insurance or any other special department r t r r ri t r r t t r r fr r r r i r t r r PJ83 VQ80 ComptrollerGenerals Report 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 292814 51 20 Total amount of all liabilities except capital stock scrip and net surplus 4777793 05 23 Surplus beyond capital and all other liabilities 2809646 98 24 Aggregate amount of all liabilities including capital paid up and net surplus 7587440 03 IVIncome During the Year Fire Marine Inland 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 895522 62 295561 29 3 Net collected 895522 62 29556129 4 Gross premiums on risks written and renewed during the year 5786286 07 1416348 99 5 Total 6681808 69 1711910 28 6 Deduct premiums and bills in course of collection at this date 942951 91 134718 04 7 Entire premiums collected during the year 5738856 78 1577192 24 8 Deduct reinsurance and re turn premiums 1754027 78 788361 88 9 Net cash actually received for premiums carried out 3984829 00 788830 36 4773659 36 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 Deposit premiums written on perpetual risks 14 American branches of foreign companies will please report amount of remittances from home office during year 176545 94 545 mi 218151 52 66536 52 765 97 15 Aggregate amount of income actually received during the the year in cash 5236204 31ComptrollerGenerals Beport 81 VExpenditures During the Year Fire Risks Marine Inland 1 Gross amount actually paid for losses including 57073200 losses occur ring in previous years 2529936 05 697045 65 i Deduct all amounts actually received for salvages whether on losses of the last or previous year 11290088 and all amounts actually re ceived for reinsurance in other companies 85 98946 total deductions 217685 62 381204 72 Net amount paid during the year for losses 2312250 43 315840 93 2628091 36 4 Cash dividends actually paid stockholders amount of stockholders dividends declare uring the year ad G5b62 26 justment expenses 6 Paid for commissions or brokerage jimo 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 2o90o 8 Paid for State national and local taxes in this and other 155965 51 States 9 All other payments and expenditures viz Rents adver tising printing stationery postage telegrams tele phones express legal expenses furniture and fixtures maps underwriters boards inspections exchange mis f 226622 43 cellaneous Decrease in book value of bonds BUJ Aggregate amount of actual expenditures during the year 5012449 69 m cash v VIRisks and Premiums 1 In force December 31 1910 751575630 7589785 20 2 Written or renewed in 1911 590014465 578628G J7 3 Excess of original premiums over rr amount received for reinsurance 138ybS o 4 Totals1341590095 13515040 02 5 Deduct expirations and cancellations 559704239 5525330 21 6 In force December 31 1911 781885856 7989708 8182 ComptrollerGenerals Eeport 7 Deduct amount reinsured 71917352 709054 35 8 Net amount in force 709968504 7280655 46 9 Perpeutal risks not included above 4771787 deposit premiums on same 10191450 Business in the State of Georgia During the Year Fire marine and inland risks written 21412507 00 Premiums received gross 225 912 32 Losses paid 131316 48 Losses incurred 144225 53 THE COMMONWEALTH FIRE INSURANCE COMPANY OF NEW YORK E G Richards Prea lent Charles K Case Secretary Principal Office 71 William Street New York JS Y Attorney Jo service in Georgia A R Thommasson Capital 1 Whole amount capital stock 500000 00 IIAssets 2 Loans on bond and mortgage duly recorded and beig first liens en the fee simple 347500 00 3 Interest due on all said bond and mortgage loans 45000 interest accrued thereon 297080 total 3 420 SO 8 Total par ami market value of stocks and bonds owned absolutely by the company carried out at market rams 2026344 50 L2 Cash in companys principal office 200 00 1 Cash belonging to the company deposited in bank Commercial Exchange Bank 56963 83 Total 15 Interest due am accrued on bonds not included in mar ket value uncollected 17 Cash in hands of agents and in cource of transmission Western Adjustment and Appraisal Co 57103 83 11186 til 142 110 S7 200 CO Total assils el Hie company actual cash market value 2 587 926 61 1 IIInabilities 18932 00 1 bosses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 105138 25ComptrollerGenerals Eeport 83 3 Losses resisted including interest costs and other expenses thereon 5458 26 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 129528 51 15399 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 77344458 un earned premiums fifty per cent Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 105206121 unearned premiums pro rata 386722 29 551690 26 11 Total unearned premiums as computed above oarrie dout 17 Telegrams in December 540 policy blanks contracted for in 1911 but not delivered on Dec 31st 16612 advertising and subscriptions proportion of expense accrued to December 31st 2240 Insurance Associa tions inspectors surveys and maps accrued to December 31st 1128 furniture and office supplies contracted for in 1911 but bills not presented 28869 engrossing agents commissions during December 515 services of attorney during 1911 25000 exchange on out of town checks deposited during December 5481 express charges in December 13784 add to cover possible underestimates 5831 total 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz reserve for estimated federal and other taxes based on business of the year of the statement 20 Total amount of all liabilities except capital stock scrip 114129 05 938412 55 1000 00 25000 00 1078541 60 500000 00 1009385 01 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 258b 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 101071 01 SNet collected 1010710184 ComptrollerGenerals Report 4 Gross premiums on risks written and re newed during the year 1644001 65 5 Total 1745672 00 6 Deduct premiums and bills in course of collection at this date 145958 57 7 Entire premiums collected during the year 1599714 09 8 Deduct reinsurance and return premiums 439951 58 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 Profits on sale 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 eluding 4330924 losses occurring in previous years 634748 13 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 606005 and all amounts actually received for reinsurance in other companies 14231722 148377 27 1159754 51 16154 36 86710 61 10259 88 1272879 36 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 offcers clerks agents and all other employees 8 Paid for state national and local taxes in this ami other states 9 Various expenditures Aggregate amount of actual expenditures during the year in cash 486370 86 50000 00 286577 64 82174 47 27604 00 51942 01 984608 98 VIMiscellaneous Fire Risks Prem 1 In force on the 31st day of December 148111637 00 2 Written or renewed during the year 196248961 00 3 Excess of original premiums over amount received for reinsurance urns Thereon 1235790 53 1011601 65 612103 85 4 Total 339300598 00 3492496 03ComptrollerGenerals Beport 85 5 2271 Tdanded0gM672278 00 WT4T B 6 in foee at the end of the year S 7 Deduct amount reinsured juDaox A 191115469 00 1825505 79 8 Net amount in force iJxaouo Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross 4Q2 gg Losses paid gg gg Losses incurred THE CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD CONNECTICUT r j W T Howe Secretary J D Browne President Home Office 51 Prospect Street Hartford Connecticut J L Riley Atlanta Attorney for Service in Georgia T Capital Stock 1 Amount of capital paid up in cash 1000000 00 2 Amount of ledger assets as per balance December 31 of previous year 7351203 95 4 Extended at 7351203 95 IIIncome 5 Gross premiums 4990447 47 6 Deduct gross amount paid for reinsurance fire 64174666 return premiums fire 60040458 total 1242150 94 7 Total premiums other than perpetual 3748296 5 9 Gross interest on mortgage loans less 34 96 accrued interest on mortgages acquired during 1911 43730 93 10 Gross interest on collateral loans 4259 99 11 Gross interest on bonds and dividends on stocks less 168805 accrued interest on bonds acquired during 1911 232189 95 12 Gross interest on deposits in trust compa nies and banks 13 Gross interest from all other sources viz 2917 70 Bills receivable 2061 2286 ComptrollerGenerals Report 16 Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 11168 00 17 Total gross interest and rents 296327 7 25 From agents balances previously charged off 52 37 26 Gross profit on sale or maturity of ledger assets viz Real estate 8295 bonds 68750 total 770 45 28 Total income 4045447 14 IIIDisbursements 1 Gross amount paid policyholders for losses including 36266675 occurring in pre vious years 2707937 58 2 Deduct amount received for salvage fire 1615719 reinsurance fire 427 27898 discount fire 274757 total 446183 74 3 Net amount paid policyholders for losses 2261753 84 4 Expenses of adjustment and settlement of losses 35882 95 5 Commissions or brokerage 796016 27 6 Allowances to local agencies for miscellaneous agency expenses 17598 31 7 Salaries 8379895 and expenses 5019464 of special and general agents 133993 59 8 Salaries fees and all other charges of officers directors trustees and home office employees 199076 66 9 Rents including 1000000 for companys occupancy of its own buildings 29189 54 10 Advertising 2059530 printing and stationery 34 81733 total 55412 63 11 Postage telegrams telephone and express 20603 12 12 Legal expenses 8806 49 13 Furniture and fixtures 4011 51 14 Maps including corrections 9650 16 15 Underwriters boards and tariff associations 21396 60 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 27653 98 17 Inspections and surveys 25068 85 18 Repairs and expenses other than taxes on real estate 831 91 19 Taxes on real estate 1864 37 20 State taxes on premiums 62 432 72 21 Insurance department licenses and fees 17 900 47 22 All other licenses fees and taxes viz Federal corpora tion tax 479044 municipal licenses and fees 7 19180 total 11982 234 38 39 41 8 9 11 16 17 18 9 30 m ComptrollekGenekals Beport 87 Paid stockholders for interest or dividends amount de clared during the year 16000000 paid tax for stock holders 3045250 total 190452 50 Agents balances charged off 1990 8o Gross loss on sale or maturity of ledger assets viz Bonds 2943 7o Total disbursements 3936513 31 IVLedger Assets Book value of real estate 1892 00 Mortgage loans on real estate first liens 9484o0 00 Loans secured bv pledge of bonds stocks or other col 59000 00 lateral Look value of bonds 530474902 and stocks 344 35141 total 5649100 43 Cash in companys office 213 86 Deposits in trust companies and banks not on inteerst 16403 94 Deposits in trust companies and banks on interest 355798J1S Total cash items 372415 88 Agents balances representing business written subse quent to October 1 1911 I91979 96 Agents balances representing business written prior to October 1 1911 773 37 Pills receivable taken for fire risks 42278 14 Total ledger assets 7460137 78 NonLedger Assets Interest due and accrued on mortgages 10638 93 Interest due and accrued on bonds 30080 61 Interest due and accrued on collateral loans 464 30 Total 411S3S4 Other nonledger assets viz Gross premiums in course of collection not over three months due 37700000 less return premiums 4600000 and reinsurance 39 00000 less commission brokerage and all other ex penses thereon 13000000 total 162000 00 Gross assets 7563321 02 Deduct Assets Not Admitted Agents balances representing business written prior to October 1 1911 7713 3788 ComptrollerGenerals Report 35 Bills receivable past due taken for ma rine inland and fire risks 15915 41 38 Book value of ledger assets over market value viz Bonds and stocks 122601 43 40 Total 146230 21 41 Total admitted assets 7 517 091 41 VLiabilities 1 Gross losses adjusted and unpaid not yet due 104427 51 2 Gross claims for losses in process of ad justment or in suspense plus 1500000 reserved for losses incurred prior to December 31 of which no notice had been received on that date 218475 58 3 Gross claims for losses resisted 48720 12 Total 371623 21 5 Deduct reinsurance due or accrued 70601 93 6 Net amount of unpaid losses and claims 301021 28 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 82748046 unearned premiums fifty Per cent 913740 23 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 603846647 unearned premiums pro rata 3145043 51 11 Total unearned premiums as computed above 4058 783 74 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 4y00 Qfr 26 Total amount of all liabilities except capital 4399 805 02 27 Capital actually paid up in cash 1000000 00 28 Surplus over all liabilities 2117 286 39 29 Surplus as regards policy holders 3 117 286 39 SO Total liabilities 71001 ii 517091 41ComptrollerGenerals Report 89 VIRisks and Premiums 1 In force on the 31st day of December 751282948 8486763 73 2 Written or renewed during the year 442179005 4990447 47 3 Excess of original premiums over amount received for reinsurance 1837 86 4 Total 1193461953 13479049 06 5 Deduct those expired and marked off as terminated 395130666 4668906 69 6 In force at the end of the year 798331287 8810142 37 7 Deduct amount reinsured 78711899 944195 44 j 719 619 388 7865946 43 8 Net amount in force ioxooo Business in the State of Georgia During the Year 28 Gross risks written less 33863600 risks canceled 150788 29 Gross premiums on risks written less 578778 return premiums 30 Losses paid deducting salvage net 31 Losses incurred 25483 36 17552 47 17514 13 THE CONTINENTAL INSURANCE COMPANY OF NEW YORK Henry Evans President J Lopez Secretary Home Office 46 Cedar Street New York N Y J L Riley Co Attorneys 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 2000000 00 24032115 86 4 Extended at v IIIncome Fire Marine and Inland 5 Gross premiums 9808271 05 43187 03 6 Deduct gross amount paid for reinsurance fire 96693891 marine and inland 1223687 return90 ComptrollerGenerals Beport premiums fire 1092 39112 marine and in land 512249 2059330 03 17359 36 7 Total premiums other than perpetual 771891102 25827 67 9 Gross interest on mortgage loans accrued during 1911 135 0Q 11 Gross interest on bonds and dividends on stocks less 4163622 accrued interest on bonds acquired during 1911 934 413 20 12 Gross interest on deposits in trust com panies and banks 73 ggg gg 13 Gross interest from all other sources 6 069 99 16 Gross rents from companys property including 4518300 for companys occupancy of its own buildings 125 269 86 7774768 69 17 Total gross interest and rents 19 Reinstating bills receivable not more than 5 years past due 24 Increase in liabilities during the year on account of Reinsurance treaties 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger viz bonds 434G7 00 324082 00 Stocks 27 Gross increase by adjustment in book value of ledger assets viz bonds 7692 00 324585 00 1139877 01 94993 18 17476 20 1911 47 367549 00 Stocks ip 332277 00 28 Total income 1 Gross amount paid policy holders for losses in cluding 55651483 occur ring in previous year4265302 17 2 Deduct amount received for salvage fire 1702454 reinsurance fire 420 85459 discount fire 1481 443893 94 9728852 55 HIDisbursements Fire Marine and Inland 1262 801 CompteollebGenebals Bepobt 91 3 Net amount paid policy holders for losses 3821408 23 1262 for miscellaneous agency id expenses 10809987 of special directors 9 10 11 12 13 14 15 16 17 18 19 20 21 22 24 25 26 27 Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies expenses Salaries 12973131 and general agents Salaries fees and all other charges of officer trustees and home office employees Rents including 4518300 for companys occupancy of its own buildings Advertising 3928847 printing and stationery 5397007 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 Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes 880450 municipal taxes 2229538 total Mercantile agencies 1 1054 8 Miscellaneous H 265 42 Exchange 74 64 Subscriptions to papers on real estate 3822671 03 112774 60 1654762 80 3745 25 237831 18 448582 35 71523 92 93 258 54 69283 00 1387 83 20233 78 37983 83 70684 68 26920 51 8169 85 30231 52 24580 46 142450 59 32308 11 31099 88 28 Bills receivable past due charged off 29 Investment expenses legal expenses 31 Rent of safe deposit boxes 32 Transfer taxes and notary fees 270 00 260 08 437 55 34 Paid stockholders for interest or dividends amount declared during the year 35 Scrip or certificates of profits redeemed in cash 36 Interest paid to scripholders 38 Agents balance charged off 26656 45 12131 09 967 63 1000000 00 93 00 4 50 507 5992 Comptroller Generals Beport 39 Gross loss on sale or maturity of ledger assets viz bonds 312 00 stcks 128939 00 129251 00 40 Gross decrease by adjustment in book value of ledger assets viz bonds 71895 00 Stocks 75855 00 147750 00 41 Total disbursements g 257 844 97 IVLedger assets 1 Book value of real estate 1200 000 00 2 Mortgage loans on real estate first liens 270000 other than first 2700 00 4 Book value of bonds 5153300 and stocks 13028865 18182165 00 5 Cash in companys off ice 2002 20 6 Deposits in trust companies and banks not on interest 415 26 7 Deposits in trust companies and banks on interest 4902989 32 4905406 78 8 Agents balance representing business written subsequent to Oct 1 1911 1004810 93 9 Agents balance representing business written prior to Oct 1 1911 2 999 03 11 Bills receivable taken for fire risks 205041 70 16 Total ledger assets as per balance 25 503 123 44 NonLedger Assets 18 Interest due 2380000 and accrued 2889541 on bonds 52 695 41 21 On bank balances 83 96 22 Declared dividends on stocks 121109 75 24Total 173889 12 30 Gross assets Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 2999 03 ComptbolleeGenebals Report 93 35 Bills receivable past due taken for marine inland and fire risks 97434 40 41 Total admitted assets 100433 43 25576579 13 VLiabilities 2 Gross Claims for losses in process of adjust ment or in suspense plus 8465000 reserve for losses incurred prior to Dec 31st of which no notice had been received on that date 3 Gross claims for losses resisted 506335 54 4 Total q 46 5 Deduct reinsurance due or accrued 0oa 466560 54 39775 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 422874388 un earned premiums fifty per cent 21143a 94 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 1201726905 un earned premiums pro rata bj9M 9 Gross premiums leas reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 21 17380 unearned premiums fifty per cent 460941 08 10586 90 11 Total unearned premiums as computed above 8o2278o 15 Principal unpaid on scrip or certificate of profits authorized or ordered to be redeemed 16 Interest due or accrued including borrowed money bills accounts fees etc 26700 00 6063 90 18 Salaries rents or accrued expenses due 22500 00 19 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 20 Commissions brokerage and other charges due or to become due to agents and brokers Jj 21 Eeturn reinsurance premiums 141500 00 77466 9494 ComptrollerGenerals Eeport 23 All other liabilities viz The first Bulgarian Insurance Company reserve 25 379 62 24 Interest due or accrued on the first Bulgarian Insurance Company reserve 359 20 25 Reserve for contingencies 250 000 00 26 Total amount of all liabilities except capital 9576747 00 27 Capital actually paid up in cash 2000000 00 28 Surplus over all liabilities 13999832 13 29 Surplus as1 regards policyholders 15 999 832 13 30 Total liabilities 25576579 13 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1511120574 00 15964506 20 2 Written or renewed during the year 953300087 00 9808271 05 4 Total 2464420661 00 25772777 31 5 Deduct these expired and marked off as terminated 786051387 00 8320605 27 6 In force at the end of the year1678369274 00 17452172 04 7 Deduct amount reinsured 107720205 00 1206159 11 8 Net amount in force 1570649069 00 16246012 93 Business in the State of Georgia During the Year 28 Gross risks written 14830j5i8 00 Less 3455369 risks cancelled 3 455 339 qo Net risks written llj375149 0 29 Gross premiums on risks written 212 204 51 Less 3224920 return premiums 3249 20 Net premiums received 179 955 31 30 Losses paid deducting salvage 122245 88 Net losses paid 31 Losses incurred Net losses incurred 122245 88 117498 48 117498 48 ComptrollerGenerals Report 95 DIXIE FIRE INSURANCE COMPANY OF GREENSBORO N C P M Garner Secretary II R Bush President Principal Office 125 South Elm Street Greensboro N 0 E J Dickey Atlanta Attorney for Service in Georgia ICapita i 500000 00 1 Whole amount of capital stockJ 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 iuuuuu 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 56810 interest accrued thereon 1141713 total 12985 M 4 Value of lands mortgaged exclusive of buildings and perishable improvements 571900 00 5 Value of buildings mortgaged insured for 24800000 as collateral 38150000 6 Total value of said mortgaged premises carried inside 40 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value nn 11 Total par and market value and amount loaned thereon 47100 00 12 Cash in companys principal office 447 93 13 Cash belonging to the company deposited 70572 10 m bank 71020 03 Total cash items 16 Interest due and accrued on collateral loans and uncol lsctccl 17 Cash in hands of agents and in course of transmission 116401 26 All other assets both real and personal viz Rents due and accrued 140275 due from other companies for reinsurance on losses already paid 305913 total 4461 88 Western Sprinkled Risk Association Total assets of the company actual cash market value 1152101 76 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 5833 8296 CompteolleeGenebals Bepoet 3 Losses resisted including interest costs and other expenses thereon 4440 00 4 Total gross amount of claims for losses 55273 82 5 Deduct reinsurance thereon 7724 89 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 35649685 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 39286133 unearned premiums pro rata 47548 93 178248 43 200916 23 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Eeserve for taxes 379164 66 10000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 436713 59 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 215 388 17 24 Aggregate amount of all liabilities including capital paid up and net surplus 1152101 76 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 165371 14 3 Net collected 165371 14 4 Gross premiums on risks written and re newed during the year 95037 99 5 Total 160409 13 6 Deduct premiums and bills in course of collection at this date 142 567 31 7 Entire premiums collected during the year 1017841 82 8 Deduct reinsurance and return premiums 462413 57ComptrollerGeneeals Repoet 97 9 Net cash actually received for premiums carried out 555428 25 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 Rente Prom agency balances previously charged off 1000 from profit on sale of bonds and stocks 910100 total 9lltJ0 15 Aggregate amount of income actually received during the year in cash Uncollected balances Dec 31st 1911 142567 31 Dec 31st 1910 16o3lU 22803 83 Total deduction Total income reported to North Carolina department 598331 63 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 7595326 losses occurring in aiming v 540679 28 previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 318603 and all amounts actually received for reinsur ance in other companies 5775384 n 60939 87 total deductions Net amount paid during the year for losses 479739 41 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 2q g 28 9 All other payments and expenditures Aggregate amount of actual expenditures during the ye in cash VIRisks and Premiums In force on the 31st day of December 2 Written orrenewed duringJ387K3 9799 142266796 00 2075849 51 3 Total 98 ComptrollerGenerals Keport 4 Deduct those expired and marked off as terminated 65058906 00 973299 58 5 In force at end of year 77207890 00 1102549 93 6 Deduct the amount reinsured in other comlanies 29338558 00 35319175 7 Net amount in force 47869332 00 749358 18 8 Greatest amount insured in any one risk 25000 00 Business in the State of Georgia During the Year Fire marine and inland risks written i 321 140 01 Premiums received gross 2g090 2g 0SSespaid 11555 81 SSS 1DCUrred 15256 82 THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA John S Bioren President j Parsons Smith j Secret Home Office Third and Walnut Streets 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 2 233 260 98 4 Extended at 2220ii 98 IIIncome 5 Gross premiums 2154927 4 6 Deduct gross amount paid for reinsurance fire 29577607 return premiums fire 49752494 total 793301 HI 7 Tula 8 Deposit premiums written i Gross interest on mortgage loans 10 Gross interest on collateral loans 11 Gross interest on bonds and dividends on stocks less 106003 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks Ileiniums other than perpetual 1361020 40 on perpetual risks gross 4790 ig 5002 00 254 00 64423 17 702 34 CompteollerGenebals Repoet 99 16 Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 13839 30 17 Total gross interest and rents 26 Gross profit on sale or maturity of ledger assets viz Bonds 28 Total income IIIDisbursements Gross amount paid policyliolders for losses including 14947568 occurring in pre vious years Deduct amount received for salvage fire 394858 reinsurance fire 18833516 discount fire 151984 total 1188353 84 193803 58 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 33 34 84280 SI 11767 50 1462464 87 Net amount paid policyliolders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 1989305 and expenses 4743010 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 1000000 for companys occupancy of its own buildings Advertising 258292 printing and stationery 1173008 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 viz Federal corpora tion tax Other disbursements viz Premiums on surety bonds 65120 interest on borrowed money 25542 sun dries 528096 total Deposit premiums returned Paid stockholders for interest or dividends amount de clared during the year 6000000 994550 26 23598 07 358198 40 67323 15 27482 65 12502 20 14313 00 9229 58 1459 03 1335 40 6041 34 22793 68 7489 75 2289 15 5061 95 2009 20 2761 S 46 8120 51 2500 01 6187 58 3018 24 60000 00100 ComptrolleeGenebals Eepoet 38 Agents balances charged off 262 59 39 Gross loss on sale or maturity of ledger assets viz Bonds 1050 14 40 Gross decrease by adjustment in book value of ledger assets viz Bonds 597 71 41 Total disbursements 1065098 14 IVLedger Assets 1 Book value of real estate 200000 00 2 Mortgage loans on real estate first liens 102000 00 3 Loans secured by pledge of bonds stocks or other collateral 4 000 00 4 Book value of bonds 106871125 and stocks 19242041 total 126113166 5 Cash in companys office 13 251 06 7 Deposits in trust companies and banks on interest 71313 69 8 Agents balances representing business written subsequent to October 1 1911 374214 75 9 Agents balances representing business written prior to October 1 1911 4041 55 13 Cash in hands of special agents 575 00 14 Cash in hands of Philadelphia Under writers Association J00 00 16 Total ledger assets 2030 627 71 NonLedger Assets 17 Interest accrued on mortgages 1643 06 18 Interest accrued on bonds 15772 10 23 Rents accrued on companys property or lease 391 67 24 Total 3 17806 83 30 Gross assets 2048434 54 Deduct Assets Not Admit ted 34 Agents balances representing business written prior to October 1 1911 4041 55 39 Stocks and bonds 23 946 91 Ttal 27988 46 41 Total admitted assets 7020446 08ComptkollbkGekbbals Eepoet 101 VLiabilities 1 Gross losses adjusted and unpaid net yet due 2 Gross claims for losses in process ot 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 2375 00 186024 00 8775 00 197174 00 54660 00 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running one year or less from date of policy including in terest premiums on perpetual fire risks 98234244 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 139253797 unearned premiums pro rata 142514 00 491171 22 715508 01 11 Total unearned premiums as computed above 19 Amount reclaimable by the insured on perpetual fire insur ance policies being various per cent of the premium or deposit received 18 Salaries rents expenses bills accounts fees etc due or accrued 19 State county and municipal taxes due or accrued 20 Commissions brokerage and other charges due or to be come due to agents and brokers 1206679 23 26 Total amount of all liabilities except eapi 27 Capital actually paid up in cash 28 Surplus over all liabilities tal 400000 00 100295 85 29 Surplus as regards policyholders 30 Total liabilities VIRisks and Premiums 1 In force on the 31st day of December 263183 060 00 2 Written or renewed during the year 16502466 00 3 Total 439685526 00 129169 55 882 43 10000 00 30905 02 1520150 23 500295 85 2020446 08 2912233 97 2154927 41 5067161 38102 ComptrollerGeneral s E eport 4 Deduct those expired and marked off as terminated 185962773 00 2286604 04 5 In force at the end of the year253722753 00 2780557 34 6 Deduct amount reinsured 34319156 00 405676 93 7 Net amount in force 219403597 00 2374880 41 8 Perpetual risks not included above 498671400 deposit premiums on same 143205 10 Business in the State of Georgia During the Year 28 Gross risks written 169758000 less 39353900 risks cancelled and 52585600 reinsurance total net risks 29 Gross premiums on risks written 2885244 less 5 25119 return premiums and 821830 premiums for reinsurance total Bet premiums received 30 Losses paid deducting salvage 1309132 less losses on risks reinsured 488077 total net losses paid 31 Losses incurred 1965716 less lose on risks reinsure1 776127 net losses incurred 778185 00 15382 95 8210 55 11895 89 EMPIRE CITY FIRE INSURANCE COMPANY OF NEW YORK N Y Charles A Hall President David J Burtis Secretary Principal Office 96 William Street New York NY Attorney for Service in Georgia William A Wright ICapital 1 Whole amount of capital stock 400000 00 2 Amount paid up in cash 400000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 249500 00 3 Interest due on all said bond am mortgage loans interest accrued thereon 128853 total 1288 53 8 Total par and market value of stocks and bonds owned absolutely by the company carried out al market value 681890 00 10 Amount of stocks bonds and all other securities except mortgages hypothe cated 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 5000 00 11 Total par and market value and amount loaned thereon 5000 00 omptrollerGenerals Report 12 Cash in companys principal office 102 19 13 Cash belonging to the company deposited in bank Peoples National of Hacken sack X J and National City of N Y 79260 24 Total casli items 15 Interest due and accrued on stocks not included in market value uncolleeted 16 Interest due and accrued on collateral loans and uncolleeted Agents balances representing business written subsequent to October 1 1911 Total assets of the company actual cash market value 103 79362 43 1929 17 125 00 130373 67 1149468 80 1 ITLiabilities 2 Gross losses in process of adjustment or in suspense including all reported and suppose losses 56433 01 3 Loss resisted including interest costs and other expenses thereon 8623 u 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 65056 12 6561 17 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 52881499 unearn ed premiums fifty per cent 264407 50 S Gross premiums without any deduction received and receivable upon all unex pired ire risks running more than one year from date of policy 28776548 unearned premiums pro rata 176072 63 58494 95 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 reserved for taxes 440480 13 500 00 9500 00 Total 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 508975 08 400000 00 240493 72 24 Aggregate amount of all liabilities including capital paid up and net surplus 1149468 80104 ComptrollerGenerals Report IVIncome During The Year 4 Gross premiums on risks written and re newed during the year 1147250 07 8 Deduct reinsurance and return premiums 437292 67 9 Net cash actually received for premiums carried out 709957 40 10 Received for interest on bonds and mortgages 12514 67 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 30582 27 12 Income received from all other sources omitting increase if any in value of securities viz rents 1995 00 Lackawanna R R Co stock dividend from D L W R R Co profit on sale of securities 1 630 90 15 Aggregate amount of income actually received during the year in cash 756680 24 VExpenditures During The Year 1 Gross amount actually paid for losses in cluding 5908378 losses occurring in previous years 507165 07 2 Deduct all amounts actually received for salvage whether on losses of the last or of previous year 604996 and all amounts actually received for reinsurance in other companies 9483380 total deductions 100873 76 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 offcers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 9 All other payments and expenditures viz expenses of adjustment and settlement of losses 766756 rent 310000 advertising printing and stationery 4 03580 postage telegrams telephones and express 2 92729 legal expenses 108114 furniture and fixtures 14478 maps 1060 underwriters boards tariff associations etc 303531 fire departments fire patrols etc 357489 inspections and surveys 71138 Sundry expenses 57465 losses on sale of bonds 9 52250 adjustment of stocks 199500 total 406281 31 36000 00 230739 13 16162 66 13794 92 38380 90ComptrollerGenerals Report 105 VIMiscellaneous In force on the 31st day of December 1911 74572129 00 873622 04 Excess of original premiums over amount received for reinsurance 2 Written or renewed during 1911JSO 1147200 0 3 Total 174556637 00 2024624 18 4 Deduct those expired and marked off as terminated in 1911 8880o021 00 113879 5 In force at end of year 1911 8575166 00 1020744 75 6 Deduct the amount reinsured in 28 companies iu 69 044 06 00 816580 47 7 Net amount in force ouuu oo Business in the State of Georgia During the Year Fire marine and inland risks written 11864 96 Premiums received gross Losses paid 4 9 72 Losses incurred EQUITABLE FIRE MARINE INSURANCE COMPANY OF PROVIDENCE RHODE ISLAND j j Samuel G Howe Secretary Fred W Arnold President samud w Principal Office 1 Custom House Street Providence Rhode Island John J McKay Macon Attorney for Service m Georgia ICapital i 400000 00 1 Whole amount of capital stock v 2 Amount paid up in cash 400000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first Hens on the fee simple 3 Interest due and accrued on all said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and perishable improvements 220050 00106 ComptrollerGenerals Eeport 5 Value of buildings mortgaged insured for 14450000 as collateral 185500 00 6 Total value of said mortgaged premises carried inside 405650 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 89 585 00 12 Cash in companys principal office 754 35 13 Cash belonging to the company deposited in banks viz Mechanics National Hank 777180 Blackstone Canal Nat ional Bank 1126976 total 19041 56 Total cash items 19 795 9 15 Interest due and accrued on bonds not included in mar ket value uncollected 8142 37 17 Cash in hands of agents and in course of transmission 126324 02 18 Bill receivable not matured taken for fire marine and inland risks 1 886 25 All other assets both real and personal viz Rents due and accrued 187 50 Total assets of the company actual cash market value 1274375 37 IIILiabilities 1 Losses due and unpaid 5862 17 2 Cross losses in process of adjustment or in suspense including all reported and supposed losses 61190 07 3 Losses resisted including interest costs and ither expenses thereon 11467 13 4 Total gross amount of claims for losses 78519 37 5 Deduct reinsurance thereon 25 841 16 5 Net amount el unpaid losses 5267S 21 7 Cross premiums without any deduction received and receivable upon all unex pired fire risk running one year or less from date el policy 26229346 un earned premiums fifty per cent 131146 73 8 Cross premiums without any deduction received and reci ivable upon all unex pired fire risks running more than one year from date of policy 31444396 unearned premiums pro rata 156030 80ComptrollerGenerals Beport 107 10 Gross premiums without any deduction received and receivable upon all unex pired marine risks 2580239 un earned premiums 50 and 100 per cent 13365 82 11 Total unearned premiums as computed above carried out 13 Estimated amount for federal State and other taxes 10 Reinsurance premiums 17 Due and accrued for salaries rent advertising and foi agency and other miscellaneous expenses 18 Amount of borrowed money 19 411 other demands against the company absolute and contingent due and to become due admitted and con tested viz Interest on mortgages collected in advance Commissions brokerage and other charges due or become due to agents and brokers 20 Total amount of all liabilities except capital stock scrip and net surplus 91 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 XVIncome During the Year Fire Marine Inland i 104 194 55 31578 96 5 Gross premiums luus oo q 6 Deduct gross amount paid for reinsurance fire 48116788 marine and inland 38675 return premiums fire 182 87505 marine and in land 223354 total 664042 93 2620 29 9 10 n 12 7 Total premiums other than perpetual 34015162 Gross interest on mortgage loans Gross interest on collateral loans Gross interest on bonds and dividends on stocks Gross interest on deposits in trust com panies and banks 300552 35 10000 00 232516 96 1000 00 30000 00 444 02 8000 00 635191 54 400000 00 239183 83 1274375 37 28958 67 6490 22 229 OS 37039 25 313 36 369110 29108 Vim ptroleerGenerals Report 16 Gross rents from companys property in eluding 650000 for company V occu pancy of its own buildings 9724 41 17 Total gross interest and rents 20 From other sources viz Borrowed money 24 Increase in liabilities during the year on account of re insurance t reaties 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Stocks 28 Total income VExpenditures During the Year Fire Marine Inland 1 Gross amount actually paid for losses including 3893407 losses occur ring in previous years 2 Deduct all amounts actually received tor salvages whether on losses of the last or of previous year 350873 and all amounts actually re ceived for reinsurance in other companies 62 03750 total deductions including discount of 56392 617193 50 13158 77 64635 07 1475 1 t 53796 32 30000 00 232516 96 8 20 2762 50 688194 27 Net amount paid during the year for losses 552558 19 11683 63 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year o Paid tor 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 othel payments and expenditures 50 12 12 12 12000 00 21350 12 91067 22 30450 27 80099 79 Aggregate amount of act mil expenditures during the year in cash 799209 52 VI Risks and Premiums 1 In force December 31 1910141052271 00 1618915 45ComptrolleeGeneeals Bepoet 2 Written or renewed during the year 85038020 00 3 Excess of original premiums over amount received for reinsurance 226690291 00 4 Total 5 Deduct those expired and marked off as terminated 6 In force at the end of year 1911134266295 00 j 85412352 00 7 Deduct amount reinsured 8 Net amount in force December 31 1911 48853943 00 109 1004194 55 969 12 2624109 12 1137895 89 1486213 23 909475 81 576737 42 EQUITABLE TIKE INSURANCE COMPANY OF CHARLESTON S C fm G Mazyck Secretary pfirplfoffrr Broad and Church Streets Charleston S C E P Spencer Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 200000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon I 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 4 Value of lands mortgaged exclusive of buildings and perishable improvements 5 Value of buildings mortgaged insured for 650000 as collateral 3500 00 8000 00 4908 45 5 Total value of said mortgaged premiums carried inside 8 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 13 Cash belonging to the company deposited in bank Carolina Savings Bank 3 713 28 Hibernia Savings Bank 44812 Exchange Banking Trust Co 62867 Bank of Charleston N B A 62459 Charleston Savings Institution 50000 5914 66 200000 00 20000 00 1049 00 11500 00 266057 50 52900 00 Total cash items 10823 11HO ComptrollerGenerals Eeport 15 Interest due and accrued on stocks and bonds not included in market value uncolleeted 17 Cash in hands of agents and in course of transmission 18 Bill receivable not matured taken for fire marine and inland risks 19 All other assets both real and personal as per schedule attached viz rents due and accrued 20 Interest accrued on savings bank deposits 21 Cash surrender value policy 875009 Equitable Life Assurance Society 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 g 794 7 4 Total gross amount of claims for losses 6794 87 5 Deduct reinsuranuce thereon 2 325 00 6 Net amount of unpaid losses t 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 8502773 un earned premiums Fifty per cent 42813 87 8 Gross premiums without any deduction received and receivable upon all unex pired lire risks running more than one year from date of policy 11530083 unearned premiums pro rata 62 870 52 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and con tingent due and to become due admitted and eon tested viz reserved for taxes Commission due agents Total tfc 21 Joint stock eapital actually paid up in cash 23 Surplus beyond eapital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 1029 37 25084 29 425 36 62 00 57 62 1350 00 378838 25 4469 87 105690 39 2000 00 1968 55 114128 81 200000 00 04709 44 378838 25 ComptrollebGeneeaes Report IVIncome During The Year Ill 1 Gross premiums and bills in course of col lection at close of last previous year 28253 42 28253 42 3 Net collected 4 Gross premiums on risks written and renewed during the year 191465 89 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 219719 31 25084 29 194 635 02 67035 25 9 10 11 12 Net cash actually received for premiums carried out 17 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 150000 items previously charged off 42536 equitable 11000 profit from 4760 total increase and value maturity of 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 1178047 losses occurring in previous years 2 Deduct all amounts actually received for salvage whether on losses of the last or of previous year 39584 and all amounts actually received for re insurance in other companies 2007916 total deductions 77649 08 20475 00 Net amount paid during the year for losses Expenses of adjustment of losses Cash dividends actually paid stockholders amount of stockholders dividends declared during the year Paid for commissions or brokerage Paid for salaries fees and other charges of offcers clerks agents and all other employees Paid for state national and local taxes in this and other states 599 77 94 67 16261 80 582 96 144539 20 57174 08 1598 45 20723 48 19694 48 16583 80 7252 60112 ComptrollerGenerals Eeport 9 All other payemnts and expenditures viz advertising printing and stationery 153265 postage telegraph express 73337 furniture and maps 112077 ex change 22515 repairs 33887 water light fuel commercial agency petty cash etc 127307 rent 72000 total 5M3 83 Aggregate amount of actual expenditures during the year in cash 128970 72 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 12705419 36 229367 06 2 Written or renewed during 1911 17680301 29 191465 89 3 Total 30385720 65 420832 95 4 Deduct those expired and marked off as terminated in 1911 16677128 06 172245 68 5 In force at end of year 1911 13708592 59 248587 27 6 Deduct amount reinsured in other companies 2577786 56 47659 01 7 Net amount in force11130806 03 200928 26 Business in the State of Georgia During the Yenr Fire marine and inland risks written l 381 847 18 Premiums received gross 25774 75 Losses paid 14434 26 Losses incurred n ia nr 9it4 26 FEDERAL INSURANCE COMPANY OF JERSEY CITY NEW JERSEY Percy Chubb President Max Grllndner SccreUiVY Principal Office 15 and 17 Exchange Place Jersey City New Jersey J L Riley Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 1000000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 30 000 00 ComptrollerGenerals Eeport 3 Interest due and accrued on all said bond and mortgage loans Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 13 Cash belonging to the company deposited in bank 418879 50 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 113 112 50 2194695 00 418879 50 26687 92 392658 72 40748 21 Total assets of the company actual cash market value 3103781 85 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 42678 64 696278 00 738956 64 381278 00 6 Net amount of unpaid losses 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 891 36126 50 per cent 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 445680 63 127286 99 11 Total unearned premiums as computed above carried out 16 Cash dividends to stockholders remaining unpaid 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses All other demands against the company absolute and contingent due and to become due admitted and con tested viz Eeturn premiums 250000 reinsurance premiums 11365089 total Premiums overpaid 19 20 Total amount of all liabilities except capital stock scrip and net surplus 357678 64 572967 62 50000 00 85544 35 116150 89 439 92 1182781 42114 ComptrollerGenerals Beport 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and allother liabilities 921000 43 24 Aggregate amount of all liabilities including capital paid up and net surplus 3103781 85 IVIncome During the Year Marine Inland 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 389805 20 2 Deduct amount of same not collected 50 00 3 Net collected 389815 20 4 Gross premiums on risks written and re newed during the year 3338271 28 5 Total 3728086 48 6 Deduct premiums ami bills in course of collection at this date 432376 28 7 Entire premiums collected during the year 3295710 20 S Deduct reinsurance and return premiums 2148292 89 9 Net cash actually received for premiums carried out 1147417 31 10 Received for interest on bonds and mortgages 1359 17 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 96494 93 12 Income received from all other sources omitting increase if any in value of securities viz Exchange of bonds etc 51492 agents balances 1219 sale and matu rity of bonds 2128750 total 21814 61 15 Aggregate amount of income actually received during the year cash 1267086 02 V Expenditures During the Year Marine tv Inland 1 Gross amount actually paid Cor losses in cluding 16634655 losses occurring in previous years 1893060 76 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 844 1509 aid all amounts actually received for reinsur ance in other companies 147766184 total deilucl ions 5Q2 106 93 Net amount paid during the year for losses 330 953 S3 ComptrollerGenerals Report 115 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 9000000 473262 08 i Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees y 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz 374UK purchase of securities 30626083 total 344010 Aggregate amount of actual expenditures during the year in cash VIRisks and Premiums Marine inland Premiums In force on the 31st day of December 225 884415 1942445 11 2 Written or renewed during 1911 I2494075o7 33382I 28 3 Total 1475291972 5280716 39 191 325 369 1663598 22 5 in force at end of year 6 Deduct the amount reinsured in other 8234604i 33 25 companies A 108 979322 1107864 97 7 Net amount in force JU51 p Business in the State of Georgia During the rear ff 1668283 00 Marine and inland risks written Premiums received gross 1 H 34 Losses paid 15 015 34 Losses incurred FIDELITYPHENIX FIRE INSURANCE COMPANY OF NEW YORK Henry Evans President J B Lopez Secretary Home Office 46 Cedar Street New York A L Waldo Attorney for Service in Georgia ICapital 1 Amount of capital paid up in cash 2500000 00116 ComptrollerGenerals Report 2 Amount of ledger assets as per balance December 31 of previous year 13644742 22 4 Extended at 13644742 22 TTIncome Fire Marine and Inland 5 Gross premiums 8337142 65 31816 67 6 Deduct gross amount paid for reinsurance fire 1 22669990 marine and inland 834287 return premiums fire 1109 30512 marine and inland 342820 2336005 02 11771 07 7 Total premiums other than perpetual 6001137 63 9 Gross interest on mortgage loans acquired during 911 11 Gross interest on bonds and dividends on stocks less 584802 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 13 Gross interest from all other sources 16 Gross rents from companys property including 150000 for companys occupancy of its own buildings 20045 60 6021183 23 5138 88 189954 12 21976 87 9530 65 7500 34 17 Total gross interest and rents 534100 86 19 Recovery from brokers account of Sheldon transactions 52500 00 24 I iiriense in liabilities during the year on account of reinsurance 1 rent ies 25 From agents balances previously charged off 26 Gross profit On sale or maturity of ledger assets viz real estate 1900000 bonds 6771200 storks 18236500 27 Gross increase by adjustment ill book value of ledger assets viz bonds 1015000 stocks 41374700 52500 00 32493 93 656 28 269077 00 423897 00 28 Total income 7333908 30ComptbollebGtenebals Repoet 117 IIIDisbursements 1 Gross amount paid policy holders for losses includ ing 55824492 occurring in previous years4059004 53 2 Deduct amount received for salvage fire 2259831 reinsurance fire 524 26779 discount fire 559 2365 40 546871 69 3 Net amount paid policyholders for losses 3512132 84 2365 40 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency expenses 7 Salaries 16039339 and expenses 13881673 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Bents including 150000 for companys occupancy of its own buildings 10 Advertising 2855749 printing and stationery 4532682 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 asesss 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 municipal taxes 23 Other disbursements 24 Mercantile agencies 25 Miscellaneous 26 Exchange 27 Supscription to papers 28 Premiums on insurance on life of H C Stockdell 5567 12 666 57 10506 58 2221 98 1095 85 3514498 24 94608 86 1217344 84 547 64 299210 12 427950 16 64474 33 73884 31 51180 83 3730 66 8194 07 10372 52 69639 62 31822 99 11355 16 2196 17 1250 73 92211 90 40900 46 18206 43118 ComptbolIjEBGeneeaIis Report 29 Investment expenses viz attorneys fees 472406 notary fees 5230 stoek transfer tax 8850 insurance on property on which company holds mortgage No 293 1346 safe deposit boxes 9342 total 4971 74 Lessto make securities even dollars 14 4971 60 25029 70 254186 32 250000 00 11197 55 7537 00 63810 00 32 Release Carnegie Trust Company deposit in part settlement of claim 34 Paid stockholders for interest or dividends amount de clared during the year 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz stocks 40 Gross decrease by adjustment in book value of ledger assets viz Bonds 1765800 stocks 4615200 total 41 Total disbursements 6645340 61 IVLedger Assets 1 Book value of real estate 67500 00 2 Mortgage loans on real estate lirst liens 53950000 other than first 539500 00 4 Book value of bonds 244312900 and stocks 767128700 10114416 00 7 Deposits in trust companies ami banks on interest 2456697 45 8 Agents balances representing business written subsequent to October 1 1911 811934 42 9 Agents balances representing business written prior to October 1 1911 30736 50 11 Bills receivable taken for tire risks sG28 66 L3 citizens Insurance Company of New York 11896 88 II Mills receivable taken for real estate sold 15000 00 16 Total ledger assets as per balance14333309 91 Non Ledger Assets 17 Interest due 22125110 and accrued 4 62501 oti mortgages 1 Interest due 713023 and accrued 18 1854 on bonds 21 Interest accrued on hank deposits Interest accrued on bills receivable for real estate 22 Interest due on bonds ami mortgage overdue interest 20750 01 25368 77 89 79 382 50 500 25 ComptrollerGenerals Beport 119 Declared dividends on stocks transfer 10kn books closed 54 69 23 Rents due 5462 and accrued 101886 19 24 Total 14435196 10 30 Gross assets Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 30736 o0 35 Bills receivable past due taken for marine inland and fire risks 39 Citizens Insurance Company of New York 11896 88 40 Mortgage loan No 292 101773 10 14 333423 00 41 Total admitted assets VLiabilities 2 Cross claims for losses in process of ad justment or in suspense plus 5750000 reserve for losses incurred prior to Dec 31st of which no notice had been re Led on that date JJ j 3 Cross claims for losses resisted WUJ 555643 40 4 Total Deduct reinsurance due or accrued give list of companies and amounts oJbt l 6 Net amount of unpaid losses and claims CV 7 Cross premiums less reinsurance received and receivable upon all unexpired Are risks running one year or less from date of policy including interest premiums on perpetual fire risks 3 462 89461 unearned premiums fifty 4 1731447 30 per cent S Cross premiums less reinsurance received al receivable upon all unexpired lire risks running more than one year from date of policy 948518771 un earned premiums pro rata 4827bOl 9 Cross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks120 Comptroller Generals Keport 2117379 unearned premiums fifty per cent 10586 89 11 Total unearned premiums as computed above 6569692 84 18 Salaries rents expenses bills accounts fees etc due or accrued 19 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 20 Commissions brokerage and other charges due or to become due to agents and brokers 21 Return premiums 36612 reinsurance premiums 32 07325 24 The first Bulgarian Insurance Company reserve and interest 25 Reserve for contested liabilities not losses 61212 48 131000 00 25903 32 32439 37 49444 83 250000 00 26 Total amount of all liabilities except capital 7605 667 49 27 Capital actually paid up in cash 2500000 00 28 Surplus over all liabilities 4227755 51 29 Surplus as regards policyholders 6 727 755 51 30 Total liabilities 14333423 00 VIRisks and Premiums Firo Risks Premiums Thereon 1 In force on the 3ist day of December 1253332562 00 14095024 62 2 Written or renewed during the year 752081218 00 8337142 65 4 Total 2005413780 00 22432167 27 5 Deduct those expired and marked off as terminated 726937868 00 8373695 75 6 In force il the end of the year 7 Deduct amount reinsured 1278475912 00 14058471 52 109521004 00 1110389 20 8 Net amount in force 1168954908 00 12948082 32 Business in the Stale of Georgia During the Year Fire marine and inland risks written 6437 875 00 Premiums received gross 112 082 76 Losses paid sU1 Losses incurred 81809 68 CompteolleeGeneeals Repoet FIRE ASSOCIATION OF PHILADELPHIA 121 j i M G Garrigues Secretary E C Irwin President m u Principal Office 407 and 409 Walnut Street Philadelphia Pa W E Chapin Atlanta Attorney for Service m Georgia ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 750000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 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 31 13429 interest accrued thereon 1090725 total 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1809118 00 5 Value of buildings mortgaged insured for 227776200 as collateral 3439764 00 6 Total value of said mortgaged premises carried inside 4248882 00 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 Cash in companys principal office Cash belonging to the company deposited in banks viz Fidelity Trust Co Philadelphia Pa 8351393 First Nat ional Bank Philadelphia Pa 165 28069 Girard National Bank Phila delphia Pa 6821450 Commonwealth Title Ins and Trust Co Philadelphia Pa 5721732 Union National Bank Philadelphia Pa 14258899 First National Bank Albuquerque N M 1000000 total 11 12 13 25708 39 526815 43 750000 00 514776 04 2151281 66 42041 54 4870819 00 99457 12 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 552523 82 69301 23 740 79122 ComptrollerGenerals Report 17 Cash in hands of agents ami in course of transmission So496 7l All other assets both real and personal viz Bents due and accrued 278 72 Total assets of the company actual cash market value 8989219 63 IIILiabilities 1 Losses due and unpaid 121270 79 2 Gross losses in proeess of adjustment or in suspense including all reported and supposed losses 263636 32 Losses resisted including interest costs and other expenses thereon 704l 0 4 Total gross amount of claims for losses 420948 16 5 Deduci reinsurance thereon 70018 69 6 Met amount of unpaid losses 350 929 17 7 Gross premiums without any deduction received and receivable upon all unex pired tire risks running one year or less from date of policy 269944991 un earned premiums fifty per eent 1349724 90 8 Gross premiums without any deduction received and receivable upon all unex pired ire risks running more than one year from date of policy 448410384 unearned premiums pro rata 2394827 99 9 Gross premiums withoul deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks amount recla imable from perpetual sks 1604325 52 11 Tidal unearned premiums as computed above carried out 5348878 17 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Accrued taxes 3000000 reinsurance premiums 355380 tidal 30 553 so 20 Total amount of all liabilities except capital stock scrip 11111 net surplus 5733361 7 I 21 loint stock capital actually paid up in cash 750 000 00 23 Surplus beyond capital and all other liabilities 2505857 89 21 Aggregate amount of all liabilities including capita paid up and net surplus g pgp tp a ComptrollerGenerals Report IV 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 63488U J 123 3 Net collected 4 Gross premiums on risks written and re newed during the year 5 Total 6 Deduct premiums and bills in course of collection at this date 634880 29 5889866 31 6524746 60 685496 71 7 Entire premiums year 8 Deduct reinsurance an and return deposits eolleeted during the 5839249 S9 return premiums 1688631 94 9 Net cash actually received for premiums carried out 10 Received for interest on bonds and mortgages ll Received for interest and dividends on stocks and bonds collateral loans and from all other sources 19 Income received from all other sources omitting increase if anv in value of securities viz Rents 2343578 agents accounts closed 78179 credit profit on ground rent redeemed 31667 total 4150017 95 11292682 244253 35 24534 24 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Gross amount actually paid for losses in cluding 33798448 losses occurring in 2815369 49 previous years T Deduct all amounts actually received for salvages whether on losses of the last or of previous year 2311728 and all amounts actually received for re insurance in other companies 411 04635 discounts 228844 total 436452 97 r n 9 378 017 42 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 1 Paid for salaries fees and other charges of officers clerks agents and all other employees S Paid for State natieral and local taxes in tins and other States 300000 00 859530 78 442283 17 113731 35124 ComptrollerGenerals Report 9 All other payments and expenditures viz 27901519 agents balances charged off 781784 total 286833 03 Aggregate amount of actual expenditures during the year in cash 4381298 75 VIBisks and Premiums 1 In force on the 31st day of December 689490536 2 Written or renewed during the year 525067537 3 Excess of original premiums over amount received for reinsurance 7416312 87 5857872 21 109961 24 4 Total 1214558073 13384146 32 5 Deduct those expired and marked off as terminated 368107541 5485922 22 6 In force at the end of the year 7 Deduct amount reinsured 846450532 7898224 10 714670 35 8 Net amount in force 781852409 7183553 75 9 Perpetual risks not included above 7742060500 de posit premiums on same 1755362 17 Business in the State of Georgia During the Year Fire risks written 4770094 00 Premiums received gross 84372 72 Losses paid 52057 30 Losses incurred 46149 41 FIREMANS FUND FIRE INSURANCE COMPANY OF CALIFORNIA Win J Dutton President Louis Weinmann Secretary Principal dffice 401 California San Francisco Cal Edgar S Wilson Macon Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1500 000 00 2 Amount paid up in cash 1500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of ineumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans 5 36100 interest accrued thereon 360481 total 557000 00 87463 62 8965 81ComptbollebGenebals Eepoet 125 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1331600 5 Value of buildings mortgaged insured for 29087500 as collateral J 6 Total value of said mortgaged premises carried inside 254731 52 7 Amount of other loans Til par and market value of stocks and bonds d absolutely by the company earned outat market 11 AnTount loaned on stoeks bonds and all other securities except mortgages 12 Cash in companys principal office lfi 13 Cash belonging to the company deposited in bank J 674095 47 Total cash items 7 15 Interest due and accrued on stocks not included m mar ket value uncollected 16 Interest due and accrued on collateral loans anduncol lected i ntrc ill 96 17 Cash in hands of agents and in course of transmission 1056111 is Bill receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Due from Washington Fire Insurance Co on reinsurance contract February 23 1912 Total assets of the company actual cash market value 8649591 75 IIILiabilities 63 344 00 1 Losses due and unpaid 9 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Lossesresisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 822784 34 5 Deduct reinsurance thereon 517423 26 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 2293115 93 un earned premiums fifty per cent 1146557126 Comptroller J en eral s 1 epobt 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 184005990 unearned premiums pro rata 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all nnexpired time and automobile risks 10 Gross premiums without any deduction received and receivable on all nnex pired marine risks 2063293 81 475372 10 29484 10 11 Total unearned premiums as computed above carried out 3714707 97 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 29 1000 00 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Earned quarterly dividend to December 31 1911 45000 00 20 Total amount of all liabilities except capita stork scrip and net surplus 4568131 23 21 Joinl stock capital actually paid up in cash 1500000 00 23 Surplus beyond capital and all other liabilities 2581460 52 24 Aggregate amount of all liabilities including capital paid up and net surplus 8649591 75 IVIncome Poring the Year Fire Marine Inland 1 Gross premiums and bills in course of collection at close of last previous year as shown by thai years statement 767850 57 281495 57 Nlt collected 767850 57 I Cross premiums on risks writ ten and renewed dur ing the year 5504435 05 281495 57 3718456 12 Tota 6272285 62 399995 69 6 Deduct premiums and bills in course of collection al thjs date 780993 26 347003 s Entire premiui ted 11111 year 5491292 36 3652947 82ComptrollerGenerals Report 127 8 Deduct reinsurance and re nnlo 1 692 601 68 204261o 47 turn premiums ioduj u 9 Net cash actually received for premiums carried 101 X 3798690 68 J610332 35 5409023 03 out rna 14 10 deceived 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 1941600 income 432000 profit on sale or maturity of ledger assets 103500 total l6 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Eire Marine Inland 1 Gross amount actually paid for losses including 50436944 losses occur ring in previous years 2417140 62 2321318 10 2 Deduct all amounts actu ally received for salva ges whether on losses of the last or of previ year 12189136 and all amounts actually re ceived for reinsurance in other companies 1569 09220 total deductions 382427 49 1308556 07 Net amount paid during the rQ 1 year for losses 382427 49 1308556 07 304748 16 Expenses of adjustment and settlement of losses 64 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 180fl00 01 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 post age and telegraph inspections and surveys repairs maps furniture and fixtures underwriters boards Aggregate amount of actual expenditures during the year in cash 128 ComptrollerGenerals Eeport VIRisks and Premiums In force on the 31st day of December 5249439S3 6360883 21 2 Written or renewed during 1911 483640394 5796893 47 3 Total 1008584377 12157776 68 4 Deduct those expired and marked off as terminated 412458320 5111291 43 5 In force at end of year 596126057 7046485 25 6 Deduct the amount reinsured in other companies 74902138 913309 42 7 Net amount in force 521223919 613175 83 8 Greatest amount insured in any one risk 125000 00 Business in the State of Georgia During the Year Eire marine and inland risks written 8763342 00 Premiums received gross 130 990 64 Losses paid 2460li 75 Losses incurred 133833 46 FIREMANS FIRE INSURANCE COMPANY OF NEWARK N J Daniel H Dunham President A II Ilasinger Secretary Principal Office 780786 Broad Street Newark X J Attorney for Service in Georgia lames L Kiley 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 t hereon l 000 000 00 2 Loans on bond and mortgage duly recorded ami being lirst liens on the fee simple 2493550 00 3 Interest due on all said bond and mortgage loans 2 39500 interest accrued thereon 3215025 total 34 545 25 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1593520 00 5 Value of buildings mortgaged insured for 3277250 as collateral 3844133 34 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2424643 50CompteolleeGeneeals Repoet 129 12 Gash in companys principal office 13 Cash belonging to the company deposited in bank National Newark Banking Co 26157 08 Total 15 Interest due and accrued on bonds not included m market value uneollected 16 Interest due and accrued on stocks 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz rents due and accrued 43465 17 13166 61 6825 00 359361 34 66 65 Total assets of the company actual cash market value 6375623 55 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and nonaa supposed losses 3 Losses resisted including interest costs and other expenses thereon 24212 96 4 Total gross amount of claims for losses 273117 49 5 Deduct reinsurance thereon isM 661819 69 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 132363939 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 297399818 unearned premiums pro rata 1644094 00 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz taxes accrued 2558183 commissions 320000 229915 49 2305913 69 28781 83 Total 21 Joint stock capital actually paid up in cash 22 Scrip outstanding 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 2564611 01 1000000 00 2332 84 2808679 70 6375623 55130 ComptrollerGenerals Report IVIncome During The Year 1 Gross premiums and bills in course of col lection at close of last previous year 321302 11 321302 11 3 Net collected 4 Gross premiums on risks written and renewed during the year 3314086 00 5 Total 3635388 11 6 Deduct premiums and bills in course of collection at this date 359 361 34 7 Entire premiums collected during the year 3276026 77 8 Deduct reinsurance and return premiums 955910 75 9 Net cash actually received for premiums carried outi 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 8171743 profit on stocks and bonds sold etc 119097 15 Aggregate amount of income actually received during the year in cash 2320116 02 126222 80 137385 96 2908 40 2666633 18 VExpenditures During The Year 1 Gross amount actually paid for losses in cluding 20587166 losses occurring in previous year 35954 10 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 549713 and all amounts actually received for reinsurance in other companies 11063686 total deductions 116133 99 Net amount paid during the year for losses3 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 5 Scrip or certificates of profits redeemed in cash and interest paid to scripholders 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 1243120 11 200000 00 4 08 556078 88 177955 48 76374 63 ComptrolleeGeneeals Repobt 131 9 All other payments and expenditures viz agency expenses 57 52611 adjustment expenses 2800575 real estate repairs and expenses 3550133 general expenses 5028909 rent 150000 Aggregate amount of actual expenditures during the year in cash VIMiscellaneous Fire Bisks Premiums Thereon In force on the 31st day of Dil g4 2 WSaorenauringmi 230626204 00 331408600 638344737 00 7508744 94 4 Induct those expired and marked off as g terminated m 1911 1 5 In force at end of year 1911 463788446 00 4788356 34 6 Deduct the amount reinsured an other companies 4297637 57 7 Net amount in force 1Mvi w 8 Greatest amount insured in any one risk Business in the State of Georgia During the Year 2169983 CO Fire marine and inland risks written gg Premiums received gross 17 590 23 Losses paid q5 jq Losses incurred FITCHBURO MUTUAL FIRE INSURANCE COMPANY OF FITCHBURG MASSACHUSETTS Lincoln K Welch President Chester A Clegg Secretary Principal Office 372 Main Street Fitchburg Mass F Wade Yaughan Attorney for Service in Goergia ICapital Mutual Co 1 Whole amount of capital stock IIAssets 1 Market value of real estate owned by the company less the amount of ineumbrances thereon wuuu 2 Loans on bonds and mortgage duly recorded and being fost liens on the fee simple 132 ComptrollerGenerals Eeport 3 Interest due on all said bond and mortgage loans 27000 interest accrued thereon 125108 total 1521 08 4 Value of lands mortgaged exclusive of buildings and perishable improvements 12000 00 5 Value of buildings mortgaged insured for 1920000 as collateral 18150 00 6 Total value of said mortgaged premises carried inside 30650 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 156385 00 12 Cash in companys principal office 151 05 13 Cash belonging to the company deposited in bank Fitchburg National 6419 57 Fitehburg Safe Deposit Trust Co 5023 71 Total 11594 33 17 Cash in hands of agents and in course of transmission 12275 06 All other assets both real and personal viz rents due and accrued 355 50 Total assets of the company actual cash market value 253960 97 IIILiabilities 1 Losses due and unpaid 7 18 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 46 88 3 Losses resisted including interest costa and other expenses thereon 1500 00 4 Total gross amount of claims for losses 1554 06 6 Net amount of unpaid losses 1554 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 8089173 un earned premiums fifty per cent 40445 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 24748836 unearned premiums pro rata 124134 11 11 Total unearned premiums as computed above carried out 164579 98 15 Dividends declared and remaining unpaid or uncalled for 1989 30 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 300 00 ComptrollerGenerals Report 133 5000 00 18 Amount of borrowed money 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz premium tax 174767 61 Total 20 Total amount of all liabilities except capital stock scrip and net surplus g6 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 12275 06 3 Net collected 12275 6 4 Gross premiums on risks written and renewed during the year 165375 5 Total 17765043 6 Deduct premiums and bills in course of collection at this date 7 Entire premiums collected during the year 165375 37 8 Deduct reinsurance and return premiums 14264 28 9 Net cash actually received for premiums carried out 151111 09 10 Received for interest on mortgages 11 Received for interest and dividends on stocks and bonds collateral loans and from other sources 12 Income received from all other sources omitting increase if any in value of securities viz rents 547350 notes payable 1000000 rebate Minnesota Thresher Mfg Co assessment 68100 etc J 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 622498 losses occurring in revioi years 68736 26 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 43601 and all134 ComptrollerGenerals Eeport amounts actually received for re insurance in other companies 120219 total deductions 1638 20 Net amount paid during the year for losses 67098 06 4 Cash dividends actually paid policyholders amount of policyholders dividends declared during the year 4014305 39578 97 6 Paid for commissions or brokerage 18153 59 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 11637 63 8 Paid for state national and local taxes in this and other states 4226 76 9 All other payments and expenditures viz borrowed money 1000000 inspection and surveys real estate expense maps furniture and fixtures rents etc 25433 16 Aggregate amount of actual expenditures during the year in cash 166128 17 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 25250435 00 338099 05 2 Written or renewed during 1911 11566330 00 165375 37 3 Total 36822765 00 503474 42 4 Deduct those expired and marked off as terminated in 1911 11603118 00 162837 47 5 In force at end of year 1911 25219647 00 340636 95 6 Deduct the amount reinsured in other companies 1022797 12256 86 7 Net amount in force 24196850 00 328380 09 8 Greatest amount in any one risk gross 1600000 net 10000 00 Business in the State of Georgia During the Year Fire risks written 46950 00 Premiums received gross 1492 28 HliiiComptrollerGenerals Report 135 FRANKLIN FIRE INSURANCE COMPANY OF WASHINGTON D C John V Kelly President William P Young Secretary Principal Office 419 10th Street Washington D C Rhodes Browne Columbus Attorney for Service in Georgia ICapital 250000 00 1 Whole amount of capital stock 2 Amount paid up in cash 2o0000 00 IIAssets 1 Market value of real estate owned by the company less the amount of ineumbranees thereon aouu 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 18667 interest accrued thereon 389684 total 4UJ 4 Value of lands mortgaged exclusive of buildings and perishable improvements 21741 uu 5 Value of buildings mortgaged insured for 33317000 as collateral 4060o8 00 0 Total value of said mortgaged premises earned out 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 viz New York Trust 15 64713 Merchants Mechanics Wash ington 50000 National Washington 47 72585 Commercial Washington 8 58782 total JS280 32826 77 Total cash items 15 Interest due and accrued on stocks not included m mar ket value uncollected 17 Cash in hands of agents and in course of transmission 974b Total assets of the company actual cash market value 709173 26 IITLiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 074700 4 Total gross amount of claims for losses 103747 00136 Comptroller Generals Report 5 Deduct reinsurance thereon 22431 00 Net amount of unpaid losses i Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 40053093 un earned premiums fifty per cent 200265 47 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 17599173 unearned premiums pro rata 111163 27 11 17 20 21 23 24 Total unearned premiums as computed above carried out Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 81316 00 311428 74 3044 71 Total amount of all liabilities except capital stock scrip and net surplus 395789 45 Joint stock capital actually paid up in cash 250000 00 Surplus beyond capital and all other liabilities 63383 81 Aggregate amount of all liabilities including capital paid up and net surplus 709173 26 IVIncome Daring the Year Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 102258 03 Net collected 102258 03 Gross premiums on risks written and re newed during the year 892845 17 Total Deduct premiums and bills in course of collection at this date 995103 26 97467 99 Entire premiums collected during the ear 897635 2 Deduct reinsurance and return premiums 427354 90 10 11 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 470280 31 20133 94 7604 46CompteollekGeneeals Bepoet 137 12 Income received from all other sources omitting ineieu if any in value of securities viz Bents 266099 agents balances 1100 profit on sale of real estate and bond 775314 total 15 Aggregate amount of income actually received dnring the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 4198174 losses occurring in 5 qqq 953 26 previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 62888 and all amounts actually received for reinsur ance in other companies 15073056 total deductions 151359 44 Net amount paid during the year for losses 247893 82 4 Cash dividends actually paid stockholders amount ot stockholders dividends declared during the year WUb M 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 040 8 Paid for State national and local taxes in this and other fotTGS q 44 flQ 9 All other payments and expenditures Aggregate amount of actual expenditures during the year in cash VIBisks and Premiums 1 In force on the 31st day of December 62355550 00 704001 27 2 Written or renewed during the year 81171655 00 89i84o 1 3 Excess of original premiums over amount received for reinsurance T ul 143527205 00 1630856 58 1 ESSX SSS 7 Deduct amount reinsured Zlioiiu j 56 595737 00 576522 66 8 Net amount in force 0000101138 ComptrollerGenerals Report Business in the State of Georgia During the Year Fire risks written 2972937 00 Premiums received gTOSs 32334 68 Losses paid 7860 79 Losses incurred 17436 79 FRANKLIN FIRE INSURANCE COMPANY OF PHILADELPHIA PA Alfred E Duncan President Edgar P Luce Secretary Principal Office 421 Walnut Street Philadelphia Pa has S Mathews 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 163000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 37685 01 3 Interest due and accrued on all said bond and mortgage loans 555 27 5 Value of buildings mortgaged insured for 4577500 as collateral 96300 00 6 Total value of said mortgaged premises carried inside 96300 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2754300 00 13 Cash belonging to the company deposited in banks 140666 28 Total cash items 140 666 28 15 Interest due and accrued on stocks not included in mar ket value uncollected 29 969 66 17 Cash in hands of agents and in course of transmission 292521 S3 All other assets both real and personal viz Reinsurance deposit account 532 L Total assets of the company actual cash market value 3420239 69 ComptrollerGenebals Report 139 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest and 164286 25 costs other expenses thereon llJOJ 4 Total gross amount of claims for losses 5 Dfduct reinsurance thereon 181426 05 17876 12 163549 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 94228188 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 134025671 unearned premiums pro rata 11 Total unearned premiums as computed above carried 471140 93 734012 34 out 3 00 1233 00 15 Dividends declared and remaining unpaid or uncalled for 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses i Amount reclaimable on perpetual insurance 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Taxes 2302238 commissions 27 38704 return premiums 1775847 reinsurance 9 56356 total 77731 45 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 ount of all liabilities including capital paid 2153291 72 500000 00 766947 97 24 Aggregate am 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 25009 92 3420239 69 3 Net collected 257009 92140 ComptrollerGeneraes Report 4 Gross premiums on risks written and re newed during the year 1852064 70 5 Total 2109074 62 6 Deduct premiums and bills in course of collection at this date 292521 83 7 Entire premiums collected during the year 1816552 79 8 Deduct reinsurance and return premiums 405668 31 9 Net cash actually received for premiums carried out 1410884 48 10 Received for interest on bonds and mortgages 2386 15 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 123658 58 12 Income received from all other sources omitting increase if any in value of securities viz Rents 776920 reinsurance deposit account 10000 transfer fees 74300 total 8612 20 Profit on sale or maturity of bonds 2684 40 15 Aggregate amount of income actually received during the year in cash 1548225 81 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 9513559 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 397557 and all amounts actually received for reinsur ance in other companies 6524405 total deductions 869200 84 69219 62 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6000000 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 799981 22 5999700 311335 88 152675 62 46619 06 133632 01 Aggregate amount of actual expenditures during the year in cash 1504240 79ComptrollerGenerals Beport Business in the State of Georgia Daring the Year Fire risks written Premiums received gross Losses paid Losses incurred 141 710782 50 11979 37 5058 55 5387 43 GEORGIA FIRE INSURANCE COMPANY OF POLK COUNTY GA CM Ramspeck Secretary Wm J Harris President Branch Office 728 Candler Building Atlanta Ga C G Janes Cedartown Ga Attorney for Service in Georgia ICapital 4 l 100000 00 1 Whole amount of capital stock nonnn nn 2 Amount paid up in cash 100000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all bonds and mortgage loans 259587 interest accrued thereon 269123 5287 4 Value of lands mortgaged exclusive of buildings and perishable improve ments nf 5 Value of buildings mortgaged 1Uoddu 6 Total value of said mortgaged premises carried inside f 2217W 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value i 13 Cash belonging to the company deposited m banks Fulton National Bank Atlanta Ga 952576 Far mers Mechanics Bank Cedartown Ga 1456834 Deposits in banks in Georgia and Alabama 151895 Certificates of deposit Bank of Cedartown Cedartown Ga 50217 First National Bank Sparta Ga 5 OOOOO Citizens Bank Waverly Hall Ga 500000 Bank of Young Harris Young Harris Ga 500000 Bank of Geo M Felker Monroe Ga 3752 East Atlanta Bank Atlanta Ga 115000 Farmers Mechanics Bank Cedartown Ga 1645520 Tennessee Valley Bank Decatur Ala 125000 Farmers Merchants Bank Loganville Ga 250000 Royston142 ComptrollerGenerals Report Bank Royston Ga 250000 Vickery National Bank Lavonia 6a 250000 Bank of Fayetteville Fayette ville Ga 500000 Fulton National Bank Atlanta Ga 1000000 82507 94 16 Interest due and accrued on bank certificate of deposit 1104 74 17 Cash in hands of agents and in course of transmission 29416 44 18 Bill receivable not matured taken for fire marine and inland risks 8234 22 Due from other companies 1674251 miscellaneous 96379 17706 30 Total assets of the company actual cash market value 305325 14 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 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 8513857 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 6256123 unearned premiums pro rata 9438 07 3500 00 4 Total gross amount of claims for losses 12938 07 5 Deduct reinsurance thereon 3571 29 42569 28 46295 78 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses and taxes Total 21 Joint stock capital actually paid up in cash 23 Scrip outstanding 9366 78 88865 06 3052 97 101284 81 100000 00 104040 33 24 Aggregate amount of all liabilities including capital paid up and net surplus 305325 14ComptrolleeGeneeals Bepoet 143 IVIncome During The Year 256008 06 159184 60 7 Premiums written 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 mortgages 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 10 Income received from all other sources omitting increase if anv in value of securities viz Rents l8243o sale of assets 34873 reinsurance companies 47 02614 received for calls on surplus 10263879 for decrease capital 30000 net actually received during the 15 Aggregate amount of income year in cash VExpenditures During The Year 1 Gross amount actually paid for losses in cluding 177345 losses occurring an previous year i Deduct all amounts actually received for salvages whether on losses of the last or of previous year 9532 and all amounts actually received for reinsurance in other companies 3574269 deductions adjusting expenses 3963 21 total 35838 01 689 25 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 cfo fpg 9 All other payments and expenditures viz rents 104671 advertising and supplies 495385 postage and tele grams 223360 expenses real estate 96942 miscel laneous etc 822774 Aggregate amount of actual expenditures during the year in cash 96823 46 3196 31 1581 31 72638 79 174239 87 38814 45 13100 00 43302 85 32160 42 5297 19 17431 32 150106 23144 ComptroeleeGenebals Eepobt VIMiscellaneous Fire Bisks Premiums Thereon In force on the 31st day of December 1910 8677962 00 167968 56 2 Written or renewed during 1911 13646004 00 256008 06 3 Total 22323966 423976 62 4 Deduct those expired and marked off as terminated in 1911 900571100 150415 52 5 In force at end of year 1911 13318255 00 273561 10 6 Deduct the amount reinsured in other companies 5625364 00 125861 30 7 Net amount in force 7692891 00 147699 80 8 Greatest amount insured in any one risk 31 000 00 Business in the State of Georgia During theYear Premiums received gross i83473 13 Losses paid 25253 53 Losses incurred 29 604 60 THE GEORGIA HOME INSURANCE CO OF COLUMBUS GA Rhodes Browne President Wm C Coart Secretary Principal Office 1046 Broad Street 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 324 900 00 2 Loans on bond and mortgage duly recorded and being first hens on the fee simple 107 873 50 3 Interest due and accrued on all said bond and mortgage A anS 385559 4 Value of lands mortgaged exclusive of buildings and perishable improvements 118050 00 5 Value of buildings mortgaged insured for 15090000 as collateral 176000 00 6 Total value of said mortgaged premises carried inside 294050 00ComptrollerGenerals Report 7 Amount of other loans 4700 00 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 6287 76 13 Cash belonging to the company deposited in banks viz National Bank of Co lumbus 618256 Liberty National Bank of New York 168072 total 7863 28 Total cash items 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 18 Franklin Insurance Company All other assets both real and personal viz Due from companies for reinsurance on losses already paid Loans on personal security endorsed or not Accounts receivable Total assets of the company actual cash market value 145 644284 40 4700 00 14151 04 519 16 29 75 113378 54 3645 78 16292 85 8377 58 1500 00 1043508 19 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 107780 25 3 Losses resisted including interest costs and other expenses thereon I200 00 4 Total gross amount of claims for losses 108980 25 5 Deduct reinsurance thereon 29478 95 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 24578765 un earned premiums fifty per cent 122893 82 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 44036428 unearned premiums pro rata 224485 08 11 Total unearned premiums as computed above carried out 79501 30 347378 90146 ComptrolleeGenebals Repobt 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 18 Amount of borrowed money 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Accounts payable reinsurance Reserve for taxes 20 Total amount of all liabilitiesexcept capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 110 15 120000 00 9406 59 10000 00 566396 94 300000 00 177111 25 24 Aggregate amount of all liabilities including capital paid up and net surplus 1043508 19 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 134593 69 3 Net collected 134593 69 4 Gross premiums on risks written and re newed during the year 1008234 55 5 Total 1142828 24 6 Deduct premiums and bills in course of collection at this date 13 378 54 7 Entire premiums collected during the ear 1029449 70 8 Deduct reinsurance and return premiums 648530 54 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 neome received from all other sources omitting increase if any in value of securities viz Rents li Aggregate amount of income actually received during the year in cash vExpenditures During the Year 1 Gross amount actually paid for losses in chiding 7838936 losses occurring in previous years 513642 16 380919 16 8669 84 31002 65 8681 11 429272 76 ComptrollerGenerals Repokt 147 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1409866 and all amounts actually received for rein surance in other companies 6847959 total deductions 82578 2a Net amount paid during the year for losses 431063 91 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 9 00000 91800 6 Paid for commissions or brokerage oooi 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 88888 13 8 Paid for State national and local taxes in this and other States 10782 9 All other payments and expenditures 504o0 7b Aggregate amount of actual expenditures during the year B S 654377 98 in cash e VIRisks and Premiums 1 In force on the 31st day of December 110398038 00 1450067 43 2 Written or renewed during the year 76471530 00 1008234 55 3 Total186869508 00 2458301 98 4 Deduct those expired and marked off as terminated 79206038 00 1131063 33 5 In force at the end of the year107663530 00 1327238 65 6 Deduct amount reinsured 66503488 00 641086 72 7 Net amount in force 41160042 00 686151 93 Business in the State of Georgia During the Year Fire risks written 5826242 0 Premiums received gross 96552 69 Losses paid 55792 49 Losses incurred 50672 23148 ComptrollerGenerals Eeport georgia mutual fire insurance company of macon ga A W Garrett President G E King Secretary Principal Office No 1 Grand Bldg Macon Ga IIAssets 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 1017 90 4 Value of lands mortgaged exclusive of buildings and perishable improvements 5000 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1017 90 12 Cash in companys principal office 61 37 13 Cash belonging to the company deposited in bank Fourth National Bank of Macon Ga and others 2925 24 Total 2986 61 17 Cash in hands of agents and in course of transmission 3224 64 18 Bill receivable not matured taken for fire marine and inland risks 297 67 Office furniture and supplies 2000 00 Guarantee fund trust deed 50000 00 Total assets of the company actual cash market value 59526 81 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 850320 un earned premiums fifty per cent 4251 60 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 480255 unearned premiums pro rata 2401 27 11 Total unearned premiums as computed above carried out 6652 87 14 Amount of dividends declared but not yet due 181 42 15 Dividends declared and remaining unpaid or uncalled for 107 14 18 Amount of borrowed money 5300 00 Total 12241 43 24 Aggregate amount of all liabilities including capital paid up and net surplus 47285 38ComptrollerGenerals Report 149 13305 75 105 82 316 56 1381 70 15109 83 IVIncome During The Year 9 Net cash actually received for premiums carried out 10 Eeceived for interest on bonds and mortgages 12 Income received from all other sources omitting increase if any in value of securities viz rents 13 Received for calls on capital 15 Aggregate amount of income actually received during the year in cash VExpenditures During The Year 1 Gross amount actually paid for losses 4676 84 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amount of policyholders dividends declared during the year 6 Paid for commissions or brokerage 1 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 sttCS 9 All other payments and expenditures viz advertising and postage K R rents supplies etc Aggregate amount of actual expenditures during the year in cash VIMiscellaneous Fire Bisks Premiums Thereon 7 Net amount in force 749173 8 Greatest amount insured in any one risk 4676 84 537 18 2538 97 1210 61 579 94 3297 06 12840 60 13305 75 3000 00 Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 640483 00 13305 75 4676 84 4676 84 GERMAN ALLIANCE FIRE INSURANCE COMPANY OF NEW YORK Wm N Kremer President Chas G Smith Secretary Principal Office 1 Liberty Street New York City S Y Tupper Jr Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 400000 00 400000 00150 ComptbollebGeneeals RepoET IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 54000 00 3 Interest due and accrued on all said bond and mortgage loans 340 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 41500 00 5 Value of buildings mortgaged insured for 5400000 as collateral 4950000 6 Total value of said mortgaged premises carried inside 91000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1536896 50 12 Cash in companys principal office 200 00 13 Cash belonging to the company deposited in bank viz Citizens Central Nat ional Bank of New York 44068 21 Total cash items 44 268 21 15 Interest due and accrued on stocks not included in mar ket value uneollected 7 202 50 17 Cash in hands of agents and in course of transmission 149105 22 Total assets of the company actual cash market value 1791812 43 IIILiabilities 1 Losses due and unpaid not yet due 69414 03 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 241954 12 3 Losses resisted including interest costs and other expenses thereon 24495 00 4 Total gross amount of claims for losses 335863 15 5 Deduct reinsurance thereon 236896 00 6 Net amount of unpaid losses 98 967 15 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 41346576 un earned premiums fifty per cent 200732 88 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running mo than one ComptrollerGenerals Beport 151 year from date of policy 43893114 unearned premiums pro rata 231790 43 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Commissions 4474891 taxes 1000000 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 438523 31 54748 91 592239 37 400000 00 799573 06 24 Aggregate amoun up and net surplus t of all liabilities including capital paid 1791812 43 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 133055 47 3 Net collected 133055 47 4 Gross premiums on risks written and re newed during the year 3086543 37 5 Total 3219598 84 6 Deduct premiums and bills in course of collection at this date 149105 22 7 Entire premiums collected during the year 8 Deduct reinsurance and return prer 3070493 62 2499703 50 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 l Tneome received from all other sources omitting increase if any in value of securities viz Sale of bonds 267925 refund of taxes 40639 total 570790 12 2580 00 64621 36 3085 64 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 15741967 losses occurring in previous years 1471857 68 641077 12152 CompteolleeGenebals Eepoet 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 3644236 and all amounts actually received for rein surance in other companies 1112 10281 discount 9989 total deduc ts118 1148645 06 Net amount paid during the year for losses 323212 62 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6000000 60000 00 6 Paid for commissions or brokerage 151 691 24 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 2 610 00 8 Paid for State national and local taxes in this and other States 9q oo 90 9 All other payments and expenditures viz Interest 2912 loss expenses 555948 other 10000 total 5688 60 Aggregate amount of actual expenditures during the year in eash 563567 68 VIRisks and Premiums 1 In force on the 31st day of December 374087735 00 390787S 3S 2 Written or renewed during the year 294286743 00 3086543 37 3 Total 668374478 00 6994421 75 4 Deduct those expired and marked off as terminated 219625647 00 2833306 35 5 In force at the end of the year448748831 00 4161115 40 6 Deduct amount reinsured 364232394 00 3308718 50 7 Net amount in force 84516437 00 852396 90 Business in the State of Georgia During the Year Fire risks written 1652998 00 Premiums received gross 27 751 59 Losses Pnid 10793 81 Losses incurred n965 gl ComptrollebGenebals Repobt 153 GERMAN AMERICAN FIRE INSURANCE COMPANY OF NEW YORK t xr Prpirtprt Charles G Smith Secretary William N Kremer President Principal Office 1 Liberty Street New York N Y Attorney for Service in Georgia S Y Tupper ICapital 2000000 00 1 Whole amount of capital stock 00 2 Amount paid up in cash v IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans 218 interest accrued thereon 477688 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at 14920919 88 value 19 12 Cash in companys principal office JJ 13 Cash belonging to the company deposited in bank 1008674 98 Total 15 Interest due and accrued on stocks not included m market value uncollected satwrn 45 17 Cash in hands of agents and in course of transmission 159501 1 411 other assets both real and personal as per schedule attached viz rents due and accrued 349676 due from other companies for reinsurance on losses already paid bank balances 221675 Temporary advances made in retiring fractional shares in merger with the Rochester German Insurance Company Total assets of thecompany actual cash market value 20351394 88 IIILiabilities 1 Losses due and unpaid not yet due 1 44229 00 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 lud1 4 Total gross amount of claims for losses 1307839 35 5 Deduct reinsurance thereon 878772 12 6 Net amount of unpaid losses 154 ComptrollerGenerals Beport 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 5024958 75 un earned premiums fifty per cent 2512479 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 1091378625 unearned premiums pro rata 0642527 50 11 Total unearned premiums as computed above carried out 8155006 93 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 24510 91 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Commissions etc 38 83552 return premiums 537706 re insurance 30072368 rents paid in advance 75575 and taxes 14500000 490692 01 Total 9548981 97 21 Joint stock capital actually paid up in cash 2000000 00 23 Surplus beyond capital and all other liabilities 8802412 91 24 Aggregate amount of all liabilities including capital paid up and net surplus 20351394 88 IVIncome During The Year 1 Gross premiums and bills in course of col lection at close of last previous year 1877924 20 3 Net collected 1877924 20 4 Cross premiums on risks written and renewed during the year 13 532 613 24 Total 15410537 44 6 Deduct premiums and hills in course of collection at this date 1 960 677 83 7 Entire premiums collected during the year 13449859 61 8 Deduct reinsurance and return premiums 5 172 430 88 9 Net cash actually received for premiums carried out 8277428 73 10 Received for interest on bonds and mortgages 20 418 28 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 661 475 90ComptrolleeGeneeals Eepoet 155 12 Income received from all other sources omitting increase if any in value of securities viz rents 22961812 profit on sale of bonds 5274561 other sources 1074407 293107 80 15 Aggregate amou nt of income actually received during the year in cash 9252430 71 VExpenditures During The Year 1 Gross amount actually paid for losses in eluding 81625131 losses occurring in previous years 6690713 81 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 7541486 and all amounts actually received for reinsurance in other companies 181515157 total deductions discount 230750 1892873 93 Net amount paid during the year for losses 4797839 8 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 5550UU UU 6 Paid for commissions or brokerage 15t 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 ofofpa 9 All other payments and expenditures viz less expenses 11174400 real estate expenses rent advertising etc 1076UZ1 41 29408753 Aggregate amount of actual expenditures during the year in cash 9071000 94 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December AOE nKR Rochester German Ins Co 268218996 00 3 0 055 11 German American Ins Co 1751961094 00 1643 34 5o 2 Written or renewed during the year 1378039970 00 13532613 24 3 Excess of original premiums over amount received for reinsurance 34206 40 4 Tota 3398220060 00 33083218 30 5 DetiedeXPired ma 333266215 00 13282222 07 6 In foTetheendof the year 2064953845 19800996 23 7 Deduct amount reinsured schedule required 419965549 00 3862251 23 8 Net amount in force 1644988296 00 15938745 00156 ComptrollerGenerals Eepokt Business in the State of Georgia During the Year Fire marine and inland risks written 8632420 00 Premiums received gross 134387 26 Losses paid 129170 87 Losses incurred 121553 52 GERMANIA FIRE INSURANCE COMPANY OF NEW YORK N Y Hugo Schumann President Gustav Kehr Secretary Principal Office 62 William St New York N Y S C Williams Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 1000000 00 IIAssets 1 Market value of real estate owned by the company less the amount of ineumbrances thereon 750000 00 2 Loans on bond and moregage duly recorded and being first liens on the fee simple 431000 00 3 Interest due and accrued on all said bond and mortgage loans 8152 50 4 Value of lands mortgaged exclusive of buildings and perishable improvements 349500 00 5 Value of buildings mortgaged insured for 40900000 as collateral 475500 00 6 Total value of said mortgaged premises carried inside 825000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4660234 70 12 Cash in companys principal office 5834 58 13 Cash belonging to the company deposited in banks viz National Park Bank New York 11525453 German Ameri can Bank New York 18086849 Ger mania Bank New York 5000000 N Y Life Ins Trust Co New York 5000000 Corn Exchange National Bank Chicago 7749595 total 473618 97 Total cash items 479453 55ComptrollerGenerals Report 157 17 Cash in hands in agents and in course of transmission All other assets both real and personal viz Rents due accrued 19166 interest accrued on bonds 301106 total 496408 59 30302 33 Total assets of the company actual cash m Less balances over 3 months due arket value 685555167 2905 71 6852645 96 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 116455 94 110067 24 23507 38 2500030 56 71477 04 743696 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 148739236 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 490468134 unearned premiums pro rata 2535031 04 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent adverting 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 Taxes due and accrued 5000000 un paid commissions 576264 unpaid return premiums 66285 unpaid reinsurance 3291600 total 20 Total amount of all liabilities except capital stock scrip 4 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 178553 52 3278727 22 16391 79 89341 49 3563014 02 1000000 00 2289631 94 6852645 96158 ComptrollerGenerals Report IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 486713 62 3 Net collected 486713 62 4 Gross premiums on risks written and re newed during the year 3888082 31 5 Total 4374795 93 6 Deduct premiums and bills in course of colection at this date 496408 59 7 Entire premiums collected during the year 3878387 34 8 Deduct reinsurance and return premiums 916141 09 9 Net cash actually received for premiums carried out 2962246 25 10 Received for interest on bonds and mortgages 18886 29 11 Received for interest and dividends on stocks arid bonds collateral loans and from all other sources 220896 53 12 Income received from all other sources omitting increase if any in value of securities viz Old balances re ceived 70710 profits on sale of securities 6570452 total 6641162 15 Aggregate amount of income actually received during the year in cash 3268440 69 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 23421257 losses occurring in previous years 1821382 50 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 860681 and all amounts actually received for reinsur ance in other companies 26533312 total deductions 273 939 93 Net amount paid during the year for losses 1547442 57 I Cash dividends actually paid stockholders amount of stockholders dividends declared during the year200000 00 6 Paid for commissions or brokerage 752 409 04 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 264915 93 8 Paid for State national and local taxes in this and other States 95327 48ComptrollerGenerals Report 159 9 All other payments and expenditures viz Profit and loss account items 81701 furniture and map items 1087095 decrease in reinsurance reserve held for treaty company 2462857 advertising board ex change patrol legal office postage express printing stationery rents and surveys total lo4987 96 Aggregate amount of actual expenditures during the year e s 3015082 98 in cash v VIRisks and Premiums In force on the 31st day of December 723887780 7017399 90 2 Written or renewed during the year 386695721 3888082 31 4 Total 1110583501 10905482 21 5 Deduct those expired and marked off as terminated 36966339S 3764947 49 6 In force at the end of the year 740920103 7140534 72 7 Deduct amount reinsured 67546297 748461 02 8 Net amount in force 673373806 6392073 70 Business in the State of Georgia During the Year 4260109 00 Fire risks written Premiums received gross 6820 20677 71 Losses paid Losses incurred 20336 6L GIRARD F M FIRE INSURANCE COMPANY OF PHILADELPHIA PENNSYLVANIA Henry M Gratz President Edward J Thomason Secretary Attorney for Service in Georgia John A Whitner 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 271750 00 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 192200 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 236625 2366 25160 Comptroller Generals Report 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1785083 00 11 Total par and market value and amount loaned thereon 45100 00 12 Cash in companys principal office 3412 79 13 Cash belonging to the company deposited in banks Philadelphia National 5648748 The Land Title Trust Company 233869 Continental Title Trust Company 27244 German American Title Trust Company 76985 Merchants Union Trust Com pany 91565 Fourth Street National 21070 Con tinental Commercial National Bank of Chicago 2495098 United Security Life Insurance and Trust Company 100898 total 86954 77 Total cash items 90367 56 15 Interest due and accrued on stocks not included in market value uncollected and bonds 24217 12 16 Interest due and accrued on collateral loans and uncollected 633 28 17 Cash in hands of agents and in course of transmission not over 3 months old 135490 42 18 Bill receivable not matured taken for fire marine and inland risks 1263 15 19 Due from other companies for reinsurance on losses already paid Philadelphia Underwriters Deposit 10000 perpetual policies of insurance on companys real estate 75300 credit for unearned 25ths portion of the aggregate premiums on fire insurance policies cov ering real estate as listed n 777 80 Total assets of the company actual cash market value 2549648 58 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 78063 00 3 Losses resisted including interest costs and other expenses thereon 1500 00 4 Total gross amount of claims for losses 79563 00 5 Deduct reinsurance thereon 21198 00 6 Net amount of unpaid losses 58 365 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 46782036 un earned premiums fifty per cent 233910 18ComptrollerGenerals Report 161 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 134037132 unearned premiums pro rata3 14392 12 11 Total unearned premiums as computed above earned out 12 Net premiums reserve and all other liabilities except capital under the life insurance or any other special department perpetual 90 per cent 17 Due and accrued for salaries rent advertising and agency and other miscellaneous expenses for Total 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 948302 30 613829 60 3500 00 1623996 90 500000 00 425651 68 24 Aggregate up and net surplus amount of all liabilities including capital paid 2549648 58 IVIncome During The Year 1 Gross premiums and bills in course of col lection at close of last previous year 149414 45 149414 45 3 Net collected 4 Gross premiums on risks written and renewed during the year l3307bb d 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 1480181 28 135490 42 1344690 86 468214 70 9 Net cash actually received for premiums earned 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 merease if any in value of securities viz rents 1682696 return premiums on perpetual reinsurance policies 100992 deposit premiums written on perpetual risks 1445706 total 876476 16 10251 36 82234 71 32293 94 15 Aggregate amount of income actually received during the year in cash 1001256 17162 ComptrollerGenerals Eeport VExpenditures During The Year 1 Gross amount actually paid for losses in cluding 7268818 losses occurring in previous years 540002 08 2 Deduct all amounts actually received for salvage whether on losses of the last or of previous year 108368 76 Net amount paid during the year for losses 431 633 92 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 5 Scrip or certificates of profits redeemed in cash and interest paid to scripholders 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 adjustment expenses 1002973 rents 12792 advertising and printing 992987 postage etc 277061 Legal expenses 115443 furniture and maps 433201 tariff association 685246 inspections 412253 real estate express 356609 incidentals 250875 agents balances charged off 38126 loss and sale of bonds 9355 10 Deposit premiums returned Aggregate amount of actual expenditures during the year in cash VIBisks and Premiums 431633 92 100000 00 230579 45 92397 86 39534 51 58533 29 24841 77 977520 80 Fire Risks Premiums Thereon 1 In force on the 31st day of December 222173654 00 2089171 68 2 Written or renewed during the year 127747553 l330766 83 3 Excess of original premiums over amount received for reinsurance 3 4g2 48 4 Total 5 Deduct those expired and marked off as terminated 114966336 00 349921207 00 3423420 99 1228900 88 6 In force at the end of the year234954871 00 2194 520 11 7 Deduct amount reinsured schedule reluired 33021506 00 386328 43 8 Net amount in force 201933365 00 1808191 68 9 Perpetual risks not included above 33148075 00 Deposit premiums on same 689 03 89ComptrollerGenerals Beport 163 Business in the State of Georgia During the Sear 2227584 00 Fixe marine and inland risks written Premiums received gross 14056 99 Losses paid 11460 93 Losses incurred GLENS PALLS FIRE INSURANCE COMPANY OF GLENS FALLS NEW YORK E W West Secretary J L Cunningham President Principal Office 191 Glen Street Glens Falls N Y A L Brooks Atlanta Attorney for Service m Georgia ICapital x t 200000 00 1 Whole amount of capital stock 2 Amount paid up in cash 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 6 557 26 interest accrued thereon 713369 total 13690 95 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 in Glens Falls and Chicago 13 Cash belonging to the company deposited in bank 43858 43 709254 28 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 17 Cash in hands of agents and in course of transmission 18 Bill receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Rents due and accrued 10000 account interest 446995 total 724959 85 26450 99 333352 70 560 00 4569 95 Total assets of the company a ctual cash market value 5599801 56164 Comptroller General s Eeport IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest cosls and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 199751 95 21125 00 220876 95 40029 29 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 107922749 un earned premiums fifty per cent 539613 74 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 330952956 unearned premiums pro rata 1718623 25 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 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Reserve for contingent on mortgage loans Reserve for building furniture and fixture fund 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 180847 66 2258236 99 150000 00 44811 39 20000 00 25000 00 2678896 04 200000 00 2720905 52 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 7 Entire premiums collected during the year 2779168 33 8 Deduct reinsurance and return premiums 678777 60 5599801 56 9 Net cash actually received for premiums carried out 10 Received for interest on bonds and mortgages 2100390 73 92664 5011 12 15 ComptrollerGenerals Beport 165 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 Bents 182100 profit and loss 1492892 total Aggregate amount of income actually received during the year in cash VExpenditures During the Year Gross amount actually paid for losses in cluding 12679126 losses occurring in B 1130408 61 previous years Deduct all amounts actually received for salvages whether on losses of the last or of previous year 739843 and all amounts actually received for reinsur ance in other companies 11584561 discounts 104758 total deductions 124291 62 Net amount paid during the year for losses tifgt 65 Expenses of adjustment Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 220000 00 Paid for commissions or brokerage Paid for salaries fees and other charges of officers clerks agents and all other employees w Paid for State national and local taxes in this and other States All other payments and expenditures viz Stationery traveling advertising office Agents balances charged off 64069 profit and loss 41450 total Aggregate amount of actual expenditures during the year 66 6 2077843 44 in cash VIBisks and Premiums In force on the 31st day of December 419133349 00 4450883 18 Written or renewed during the year 254241963 00 2779168 33 Total 673375312 00 723005151 Deduct those expired and marked off lri as terminated 209774252 00 JM In force at the end of the year463601060 00 4879658 41 Deduct amount reinsured 41168373 00 49901 36 Net amount in fore 422432687 00 4388757 05166 ComptrolleeGenebals Report Business in the State of Georgia During the Year Fire risks written 4544150 00 Premiums received gross 39611 65 Losses paid 15644 16 Losses incurred 15822 29 GLOBE RUTGERS FIRE INSURANCE COMPANY OF NEW YORK E C Jameson President W H Paulison Secretary Home Office 111 William Street New York City J L Riley 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 21 of previous year 5461554 45 4 Extended at 5461554 45 IIIncome 5 Gross premiums 5055486 37 6 Deduct gross amount paid for reinsurance fire 58057631 return premiums fire 79360283 1374179 14 7 Total premiums other than perpetual 3681307 23 9 Gross interest on mortgage loans accrued interest on mortgages acquired during 1911 11 Gross interest on bonds and dividends on stocks less 521402 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 16 Gross rents from companys property for companyg occupancy of its own build ings 4110 00 219341 65 1326 68 5592 00 17 Total gross interest and rents 19 Received ac borrowed money 21 Received ac sale of rights and cash to equalize merger of Chatham Phenix National Banks 230370 33 230000 00 17111 00 247111 00ComptrollerGenerals Eeport 167 26 Gross profit on sale or maturity of ledger assets viz bonds Stocks 2400 00 6730 38 9130 38 Total income 4167918 94 111Disbursements Gross amount paid policyholders for losses including 34680159 occurring in previous years Deduct amount received for salvage fire 1937815 reinsurance fire 32801563 discount fire 392465 2253098 91 35131843 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Net amount paid policy holders 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 including companys occupaney of its own buildings Advertising 187495 printing and stationery 680426 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 All other licenses fees and taxes Federal corporation tax M56 61 15549 20 901780 48 28330 44 750305 66 110806 47 9000 00 8679 21 6884 90 5274 93 56 15 4058 74 13862 45 11367 02 11425 30 508 04 1172 17 38941 66 3375 36 Franchise taxes 20005 81 24 Premiums on bonds of agents and various states 25 Subscriptions to papers and mercantile agencies 26 Exchange on drafts 27 Miscellaneous 29 Interest on borrowed money 34 Paid stocknolders for interest or dividends 1130 11 794 17 1699 28 524 54 19981 52 24129 62 160000 0t 168 CoMPTEOLLEKGtENEEALs KePOET 40 Gruas decrease by adjustment in book value of ledgtt assets viz stocks 171X1 00 41 Total disbursements 3127582 41 IVLedger Assets 1 Book value of real estate 72945 00 2 Mortgage loans on real estate 108700 00 4 Book value of bonds 158699941 and stocks 364912622 5236125 63 5 Cask in companys office 1464 28 6 Deposits in trust companies and banks not on interest 168050 76 7 Deposits in trust companies and banks on interest 263447 29 432962 33 8 Agents balances representing business written subsequent to Oct 1 1911 625014 98 9 Agents balances representing business written prior to Oct 1 1911 26143 04 16 Total ledger assets as per balance 6501890 98 NonLedger Assets 17 Interest due 10500 and accrued 222941 on mortgages 2334 41 18 Interest due and accrued 2022093 on bonds 20220 93 Stocks owned by company on Dec 31 1911 900 Amer Smelt Kef Co Pref 1575 600 Bklyn Union Gas Co 1 500 900 Chic No Western By Co Common 1575 408 Chatham Phenix Nat Bank 204 1100 Kan City Ft Scott Mem Ky Co Pr 1100 500 Man By Co 875 135 Mer Natl Hank 20250 900 No American Co 1125 1100 So Pacific Co Common 1650 400 Union Pacific By Co Com 1000 10806 50 24 Total 33361 84 30 Gross assets 6535252 82 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 26143 04CompteollebGeneeals Eepoet 169 38 Book value of ledger assets over market value viz 177402 63 203545 67 41 Total admitted assets 6331707 15 VLiabilities 1 Gross losses adjusted and unpaid not yet due 87339 00 2 Gross claims for losses in process of adjustment or in suspense plus 10000 reserve for losses incurred prior to Dec 31 of which no notice had been received on that date 270077 00 3 Gross claims for losses resisted 45953 00 4 Total 403369 00 5 Deduct reinsurance due or accrued in com panies authorized in New York 58432 00 6 Net amount unpaid losses and claims 344937 00 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 3 18412682 unearned premiums fifty per cent 1592063 41 8 Gross premiums less reinsurance received and receivable upon all unexpired firo risks running more than one year from date of policy 174538313 unearned premiums pro rata 967206 42 11 Total unearned premiums as computed above 2559269 83 18 Salaries rents expenses bills accounts fees etc due or accrued 1500 00 19 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 15000 00 20 Commissions brokerage and other charges due or to be come due to agents and brokers 26961 3 22 Due and to become due for borrowed money 365000 00 26 Total amount of all liabilities except capital 3312668 56 27 Capital actually paidup in cash 400000 00 28 Surplus over all liabilities 2619038 59170 ComptrollerGenerals Report 29 Surplus as regards policy holders 3019038 59 30 Total liabilities 6331707 15 VI Risks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 340958877 00 4088732 16 2 Written or renewed during the year435188077 00 5055486 37 3 Excess of original premiums over amount received for reinsurance 71276173 00 394852 12 4 Total 84742312700 9539070 65 5 Deduct those expired and marked off as terminated 387971034 00 4154784 54 6 In force at the end of the year 459452093 00 5384286 11 7 Deduct amount reinsured 35710909 00 454776 16 8 Net amount in force 423741184 00 4929509 95 Business in the State of Georgia During the Year 28 GroSS risks written 4105286 00 Less 164192000 risks cancelled and 25175600 reinsured in companies authorized 1892676 00 Net risks written 2212610 00 29 Gross premiums on risks written 50280 31 Less 928360 return premiums and 424637 premiums for reinsurance 13529 97 Net premiums received 36750 34 30 Losses paid deducting salvage 22160 19 Less losses on risks reinsured 933 85 Net losses paid 21226 34 31 Losses incurred 36817 94 Less losses on risks reinsured 919 69 Net losses incurred 35SS 25 CompteolleeGeneeals Repoet 171 UNITED STATES BRANCH HAMBURGBREMEN FIRE INSURANCE COMPANY OF HAMBERG GERMANY P O Affeld Manager U S Branch Principal Office 123 William St New York City W F Pattillo Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1500000 00 2 Amount paid up in cash i 615000 00 3 Amount in notes of the stockholders 885000 00 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1683342 72 13 Cash belonging to the company deposited in bank viz Bank of America New York 56461 60 Total cash items 56461 60 17 Cash in hands of agents and in course of transmission 231111 50 Total assets of the company actual cash market value 1970915 82 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 187745 00 3 Losses resisted including interest costs and other expenses thereon 40850 00 4 Total gross amount of claims for losses 228595 00 5 Deduct reinsurance thereon 42335 00 6 Net amount of unpaid losses 186260 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 87230462 un earned premiums fifty per cent 436152 31 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 138615395 unearned premiums pro rata 737764 49 11 Total unearned premiums as computed above carried out 117391680172 CompteolleeGeneeals Repoet 17 Due and accrued for salaries rent advertising and foT agency and other miscellaneous expenses 7500 00 19 All other demands against the company absolute and contingent due and to become due admitted and eon tested viz Accrued taxes 2750000 due agents 407361 due reinsurance companies 411004 total 36283 65 20 Total amount of all liabilities except capital stock scrip and net surplus 1403960 45 23 Surplus beyond capital and all other liabilities 566955 37 24 Aggregate amount of all liabilities including capital paid up and net surplus 1970915 82 IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 2081022 34 5 Total 2081022 34 8 Deduct reinsurance and return premiums 729051 63 9 Net cash actually receivedfor premiums carried out 1351970 71 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 71748 25 12 Income received from all other sources omitting increase if any in value of securities viz Agents balances previously marked off 101 52 14 American branches of foreign companies will please report amount of remittances from home office during year 7015 50 15 Aggregate amount of income actually received during the year in cash 1423820 48 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 10072996 losses occurring in previous years 1045743 68 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 925750 and all amounts actually received for reinsur ance in other companies 21493202 discount 105530 total deductions 225244 82 Net amount paid during the year for losses 820498 86 6 Paid for commissions or brokerage 225212 46 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 166272 42CompteolleeGteneeals Repobt 173 8 Paid for State national and local taxes in this and other States 41591 39 9 All other payments and expenditures viz Postage ex pressage telegrams rents maps printing and station ery advertising furniture and fixtures patrol board expenses etc etc 105957 63 10 American branches of foreign companies will please report amount sent to home office during the year 77930 60 Aggregate amount of actual expenditures during the year in cash 1359532 76 VIRisks and Premiums 1 In force on the 31st day of December239959012 00 2869536 13 2 Written or renewed during the year 173562485 00 2081022 34 3 Excess of original premiums over amount received for reinsurance 8789 42 4 Total 413521497 00 4959347 89 5 Deduct those expired and marked off as terminated 162025649 00 2010867 52 6 In force at the end of the year251495848 00 2948480 37 7 Deduct amount reinsured 56454709 00 690021 80 8 Net amount in force 195041139 00 2258458 57 Business in the State of Georgia During the Year Fire risks written 2063340 00 Premiums received gross 27223 10 Losses paid 6007 25 Losses incurred 7357 25 THE HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y K Emory Warfield President Joseph McCord Secretary Principal Office 34 and 36 Pine St New York N Y James L Wright Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 09 2 Amount paid up in cash 1000000 00 174 ComptrollerGenerals Beport TIAssets 1 Market value of real estate owned by the company less the amount of ineumbrances thereon 1129473 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due and accrued on all said bond and mortgage loans 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 3500 00 14 58 12 13 6 Total value of said mortgaged premises carried inside 7500 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 3105385 00 Cash in companys principal office 1710 00 Cash belonging to the company deposited in banks viz Bank of America 34 24234 German American Bank 8 46506 Central Trust Co 1694218 Seaboard National Bank 6779674 Astor Trust Co 1507064 Guarantee Trust Co of Philadelphia 20000 total 142716 96 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 Rents due and accrued 32096 due from other companies for re insurance on losses already paid 694175 total 144426 96 29664 96 398455 84 7262 71 Total assets of the company actual cash market value 4818183 05 111Liabilities 1 Losses due and unpaid 76812 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 233642 88 3 Losses resisted including interest costs and other expenses thereon 21906 33 4 Total gross amount of claims for losses 332361 54 5 Deduct reinsurance thereon 77513 68 6 Net amount of unpaid losses 254847 86ComptrollerGenerals Eeport 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 145218131 un earned premiums fifty per cent 726090 66 8 Gross premium without any deduction received and receivable upon all nnex pired fire risks running more than one year from date of policy 293746773 unearned premiums pro rata 1549197 o7 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agencv and other miscellaneous expenses 19 All other demands against the company absolute and contingent due and to become due admitted and eon tested viz Reserve for taxes 4500000 commis sions 823916 return premiums 735671 reinsur ance 3344446 rents paid in advance 03783 total 20 Total amount of all liabilities except capital stock scrip 2275288 23 8556 92 97078 10 2635771 17 1000000 00 and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 1182411 24 Aggregate amount of all liabilities including capital paid up and net surplus 4818183 05 IVIncome During the Tear 4 Gross premiums on risks written and re newed during the year 340666122 5 Total 3406661 22 8 Deduct reinsurance and return premiums 1034797 45 2371863 77 175 00 9 Net cash actually received for premiums carried out 10 Received for interest on bonds and mortgages Received for interest and dividends on stocks and bonds collateral loans and from all other sources 141773 40 Income received from all other sources omitting increase if any in value of securities viz Rents 7358846 profit and loss 8167 total 11 12 73670 13 15 Aggregate amount of income actually received during the year in cash 2587482 30176 ComptbolleeGeneeals Repobt VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 22784582 losses occurring in previous years 1609816 67 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 785418 and all amounts actually received for reinsur ance in other companies 31424905 discount 171822 total deductions 32382145 Net amount paid during the year for losses 1285995 22 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 195000 00 6 Paid for commissions or brokerage 467919 36 7 Paid for salaries fees and other charges of officers agents and all other employees 201615 18 8 Paid for State national and local taxes in this and other States 93791 55 9 All other payments and expenditures viz Advertising adjusting losses printing and special traveling ex penses etc 314327 84 Aggregate amount of actual expenditures during the year in cash 2558649 15 VIBisks and Premium 1 In force on the 31st day of December 478407699 46 4900659 38 2 Written or renewed during the year 329749067 78 3406661 22 3 Excess of original premiums over amount received for reinsurance 4418 92 4 Total 808156767 24 8311739 50 5 Deduct those expired and marked off as terminated 310871611 II 3203461 26 6 In force at the end of the year497285122 83 5108278 24 7 Deduct amount reinsured 72877769 06 718629 20 8 Net amount in force 424407353 77 4389649 Dl Business in the State of Georgia During the Year Fire risks written 3592196 00 Premiums received gross 43689 51 Losses paid 18831 33 Losses incurred 16685 79ComptrollerGenerals Eeport 177 HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN Chas E Chase President Fredk Samson Secretary Home Office 125 Trumbull Street Hartford Conn Egleston Preseott 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 23713670 61 4 Extended at 23713670 64 IIIncome Fire Marine Inland 5 Gross premiums 19427280 31 869199 46 6 Deduct gross amount paid for reinsurance fire 2 06441240 marine and inland 1669408 return premiums fire 2559 29841 marine and in land 17715816 total 4623710 81 103852 24 7 Total premiums other than perpetual 14803569 50 9 Gross interest on mortgage loans 10 Gross interest on collateral loans 11 Gross interest on bonds and dividends on stocks less 1319818 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 14 Interest on deferred rental 16 Gross rents from companys property in cluding 3000000 for companys occu pancy of its own buildings 675347 22 15478916 75 22811 89 470 0 1 887426 00 15003 65 43 39 53209 96 17 Total gross interest and rents 18 From other sources viz Rent from property previously sold 38000 received from Traders Insurance Co in liquidation 22338 premium on exchange of bonds 116250 received from National Bank of North America in liquidation 400000 total 24 Increase in liabilities during the year on account of re insurance treaties 25 From agents balances previously charged off 978974 83 28 Total income 5765 S8 31380 26 543 74 16495581 43178 Comptroller General s Report IIIDisbursements Fire Marine Inland 1 Gross amount paid policy holders for losses in cluding 148480389 oc curring in previous years 9198635 1 0 2 Deduct amount received for salvage fire 5517161 marine and inland 7 70196 reinsurance fire 67103444 marine and inland 56614 total 726206 05 315S24 04 8268 10 3 10 11 12 13 14 15 16 17 IS 19 2H 21 23 34 Net amount paid policy holders for losses 8472429 05 307555 94 Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 48250503 and expenses 27812197 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Bents including 3000000 for companys occupancy of its own buildings Advertising 5694165 printing and stationery 121 27743 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 rnsurance department licenses and fees All other licenses fees and taxes viz Federal corpora tion tax 1131393 State tax on capital stock 137 22ll county and municipal taxes and fees 5338717 total Other disbursements viz Commercial reportsand rat ings 932280 toilet supplies ice and water 409274 insurance of all classes 366715 newspapers and peri odicals 266858 interest on reserve held for reinsur ing companies 1850325 total Paid stockholders for interest or dividends amount de clared during the year 70000000 8779984 99 170496 19 2879040 65 760627 00 653539 46 120594 07 178219 08 129763 97 11553 96 33839 52 35512 35 206534 94 83742 88 56139 71 25208 85 12224 63 260650 70 52803 81 201926 10 38254 52 700000 00ComptrollerGenerals Report 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Eeal estate 484758 bonds 3969397 total 40 Gross decrease by adjustment in book value of ledger assets viz Bonds 116250 stocks 400000 total 179 12080 79 4454155 5162 50 41 Total disbursements 15451442 25 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other col lateral 4 Book value of bonds 1841096007 and stocks 1697 20640 total 5 Cash in companys office 4115 7b 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 763712 63 429666 07 8250 00 20108166 47 99747 44 899814 54 Total cash items 8 Agents balances representing business written subse quent to October 1 1911 9 Agents balances representing business written prior to October 1 1911 12 Other ledger assets viz Certificate of treasurer of Cook county 111 for balance due on sale of real estate 16 Total ledger assets 1003677 74 2384551 09 55285 22 3500 00 24756809 82 NonLedger Assets 17 Interest accrued on mortgages 18 Interest accrued on bonds 19 Interest accrued on collateral loans 23 Rents accrued on companys property or lease 3733 37 247478 11 213 84 1447 33 24 Total 25 Market value of real estate over book value 26 Market value not including interest in item 18 of bonds and stocks over book value 30 Gross assets 252872 65 5387 37 490054 79 25505124 63180 ComptrollerGenerals Eeport Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 55j285 22 41 Total admitted assets 25 449 839 41 VLiabilities 1 Gross losses adjusted and unpaid due 487051 76 2 Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 815347 61 3 Gross claims for losses resisted 99 361 00 4 Total 1401760 37 5 Deduct reinsurance due or accrued 132 402 84 6 Net amount of unpaid losses and claims 1 269 357 53 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 1045220521 unearned premiums fifty per cent 5226102 61 8 Gross premiums less reinsurance re ceived and receivable upon all unex pired fire risks running more than one year from date of policy 16189 17640 unearned premiums pro rata 8615508 31 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 63832695 unearned premiums fifty per cent 319163 48 U Total unearned premiums as computed above 14 160 774 40 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the vear of this statement 200000 00 26 Total amount of all liabilities except capital1563013193 tf Capital actually paid up in cash 2000000 00 28 Surplus over all liabilities 7819Vo7 48 29 Surplus as regards policyholders 9S19 707 4 30 Total liabilities 237ComptrollerGenerals Report 181 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 2325323280 26441683 03 2 Written or renewed during the year 1731642318 19427280 31 3 Total 4056965598 45868963 34 4 Deduct those expired and marked off as terminated 1571813000 18363412 96 5 In force at the end of the year 2485152598 27505550 38 6 Deduct amount reinsured 117997002 864168 77 7 Net amount in force 2367155596 26641381 61 Business in the State of Georgia During the Year Fire marine and inland risks written 22095215 00 Net premiums received 385836 99 Net losses paid 238068 94 Net losses incurred 231136 11 THE HOME FIRE INSURANCE COMPANY OF NEW YORK N Y Elbridge G Snow President Charles L Tyner Secretary Principal Office 56 Cedar Street New York N Y Chas W Philips 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 less1 the amount of incumbrances thereon 38300 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 74400 00 5 Value of buildings mortgaged insured for 7180000 as collateral 91600 00 6 Total value of said mortgaged premises carried inside 166000 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 27875860 00182 CompteollerGenebals Eepoet 13 Cash belonging to the company deposited in banks American Exchange Natl Bank N Y 84472588 Hanover National Bank N Y 17958559 Fourth National Bank N Y 6939917 Pacific Bank N Y 5432479 United States Mortgage Trust Co N Y 22706318 Title Guarantee Trust Co N Y 20000000 New York Trust Co N Y 10000000 Manhattan Co N Y 10000000 Guaranty Trust Co N Y 1592653 179102514 1791025 14 15 Interest due and accrued on stocks not included in market value uncollected 214053 00 17 Cash in hands of agents and in course of transmission 2227326 81 Total assets of the company actual cash market value 32146564 95 IIILiabilities 1 Losses due and unpaid 196850 29 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 1667095 34 3 Losses resisted including interest costs and other expenses thereon 100225 35 4 Total gross amount of claims for losses 1964170 98 5 Deduct reinsurance thereon 819734 64 6 Net amount of unpaid losses 1144 436 34 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 7738034 un earned premiums fifty per cent 3869017 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 14250562 unearned premiums pro rata 7510438 00 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all uuexpired inland navigation and marine risks 674030 unearned premium 50 per cent 337015 00ComptrollerGenerals Report 183 10 Gross premiums without any deduction re ceived and receivable on all unexpired marine risks 82165 00 iums as computed above carried 11 Total unearned premi 17 DnTmid accrued for salaries rent advertising and for agency and other miscellaneous expenses 18 Amount of borrowed money net reserve for taxes 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Unpaid commissions 7760697 unpaid reinsurance 21044593 reserve as a conflagration surplus 20 Total amount of all liabilities except capital stock scrip 11798635 00 100000 00 200000 00 288052 90 1800000 00 15331124 24 and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 1381o44U 24 Aggregate amount of all liabilities including capital paid g up and net surplus Amount of unearned premiums represented by installment noteabeing the whole amount of such notes 24dij aa IVIncome 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 230647 01 110213 88 3 Net collected TW 110213 88 4 Gross premiums on risks written and renewed dur ing the year 176686330 168690 54 17899280 11 1278904 42 299748 19 110782 02 5 Total 6 Deduct premiums and bills in course of collection at this date 7 Entire premiums collected 41 17 599 531 92 1168122 40 during the year iiowoox vo pj 8 Deduct reinsurance and re turn premiums 5621643 14 503457 62184 ComptrollerGenerals Eeport 9 Net cash actually received for premiums parried out 11977888 78 664664 78 12642553 56 10 Received for interest on bonds and mortgages 2405 50 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 1170058 00 12 Income received from all other sources omitting increase if any in value of securities viz 1066795 profit on sales of stocks and bonds 16690409 profit and loss1 account 1566742 193339 46 15 Aggregate amount of income actually received during the year in cash 14008356 52 VExpenditures During The Year 1 Gross amount paid for losses including 1246 47711 losses occurring in previous years 7732658 39 59307197 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 8113722 and all amounts actually received for reinsurance in other companies 18160460 total deductions 1703496 81 193686 42 Net amount paid during the year for losses 6428547 13 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 1050000 00 6 Paid for Commissions or Brokerage 2381857 61 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 736483 19 8 Paid for slate national and local taxes in this and other states 339683 67 9 All other payments and expenditures via expenses adjust ment of losses 15013900 travelling expenses 125 7420S rents 12819311 advertising 9947718 print ing ami stationery 12452695 postage telegrams express 10101432 legal expenses 280414 furniture fixtures 939576 maps 19631 26 local boards rating associations 10832111 lire patrol and salvage corps 4329519 inspections and surveys 8869559 exchange 1 13653 lunch for officers and home office employees 3652884 incidentals 627506 loss on saleComptrolleeGteneeals Eepoet 185 of stocks and bonds 19805252 decreasce in book values bonds 6987345 profit and loss account 3 92815 total 1331030 24 Aggregate amount of actual expenditures during the year in cash 12267601 84 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1911 2430626305 00 23605783 00 2 Written or renewed during year 1822918717 00 17668633 10 3 Excess of original premiums over amount received for reinsurance 1186 00 4 Total 4253545022 00 41275602 10 5 Deduct those expired and marked off as terminated 1722499646 00 16174249 10 6 In force at the end of the year 2531045376 00 25101353 00 7 Deduct amount reinsured 340067860 00 3112757 00 8 Net amount in force 2190977516 21988596 00 9 Greatest amount insured in any one risk 300000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 27037283 00 Premiums received gross 254308 54 Losses paid 140674 79 Losses incurred 157509 97 INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA Eugene L Ellison President T Houard Wright Secretary Home Office 232 Walnut Street Philadelphia Pennsylvania Edward S Gay Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 4000000 00 2 Amount of ledger assets as per balance December 31 of previous year 15906398 53 4 Extended at 15906398 53186 OoMPTROLLERGrENERAL S REPORT 5 Gross premiums 6 Deduct gross amount paid for reinsurance fire 1 00610156 marine and inland 107192066 re turn premiums fire 1 08579173 marine and inland 55088284 to tal 2091893 29 IIIncome Fire Marine Inland 8358897 49 4534696 17 1622803 50 7 Total premiums other than perpetual 6267004 20 2911892 67 911 8 Deposit premiums written on perpetual risks gross 9 Gross interest on mortgage loans less no accrued interest on mortgages ac quired during 1911 11 Gross interest on bonds and dividends on stocks less 2232687 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 13 Gross interest from all other sources viz 14 Branch office bank balances 15 Deferred settlements etc 16 Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 8896 87 2077 56 13327 56 585782 91 20313 31 382 96 106 91 16254 28 17 18 Total gross interest and rents From all other sources viz Perpetual permits transfer fees and earned deposits 285936 differences in ex change etc 107200 total Prom agents balances previously charged off Gross profit on sale or maturity of ledger assets viz Bonds 1883250 stocks 9267289 total 636167 93 3931 42 403 55 111505 39 Total income 9 942 982 7 Gross amount paid policy holders for losses Deduct amount received for salvage fire 2029074 marine and inland 384 27239 reinsurance fire 111Disbursements Fire Marine Inland 924718 46 2457932 02CompteolleeGbnebals Eeport 187 39566963 marine and inland 48227799 to tal 415960 37 866550 38 3 Net amount paid policy innnQ 7 holdersforloses 3508758 09 1591381 64 5100139 73 4 Expenses of adjustment and settlement of losses 8M J 5 Commissions or brokerage 6 Allowances to local agencies for miscellaneous agency ex penses 7 Salaries 34860629 and expenses 13374416 of specia and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees liw 9 Eents including 1000000 for companys occupancy of its own buildings 10 Advertising 2459157 printing and stationery 55 93578 total i 1 Postage telegrams telephone and express V 12 Legal expenses g874 2g 13 Furniture and fixtures g 14 Maps including corrections 15 Underwriters boards and tariff associations 080 ie Fire department fire patrol and salvage corps assess ments fees taxes and expenses 666 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate 2174 3U 19 Taxes on real estate 20 State taxes on premiums 21 Insurance department licenses and fees ddid 22 All other licenses fees and taxes viz Federal corpora tion tax 1030143 Arkansas franchise tax 20000 Virginia custody tax 2650 Pennsylvania tax on capital stock 2090268 municipal licenses 18 47093 total 49901 23 Other disbursements viz Janitor and engine room ex penses 93326 heat and light 146919 employees lunches 678862 registration of stock 10000 sub scriptions 697304 expenses on mortgage loans 1fixvofi 62885 total JJJJ 33 Deposit premiums returned 34 Paid stockholders for interest or dividends amount de clared during the year 48000000 480000 00 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz Real estate 9109254 27 41 Total disbursements i t t i188 ComptbollebGeneeals Repobt IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate first liens 4 Book value of bonds 1152866649 and stocks 1839 25596 total 5 Cash in companys office 1382 19 6 Deposited in trust companies and banks not on interest 25000 00 7 Deposited in trust companies and banks on interest 1320801 96 292559 83 271925 00 13367922 45 7 Total cash items 8 Agents balances representing business written subse quent to October 1 1911 9 Agents balances representing business written prior to October 1 1911 10 Bills receivable taken for marine and inland risks 11 Bills receivable taken for fire risks 1347184 15 1423983 46 11496 23 18789 67 6266 19 16 Total ledger assets 16740126 98 NonLedger Assets 17 Interest due 92312 and accrued 2 08328 total 18 Interest accrued on bonds 3006 40 74840 18 24 Total 27 Other nonledger assets viz Reinsurance claims on losses paid 29 Salvage claims 77846 58 63287 65 46100 00 30 Gross assets 16927361 21 Deduct Assets Not Admitted 34 Agents balances representing business prior to October 1 1911 11496 23 38 Book value of ledger assets oxer market value viz Bonds and stocks 7487 62 40 Total 41 Total admitted assets VLiabilities Tire Marine Inland 1 Gross losses adjusted and unpaid 151824 71 18983 85 16908377 36 CompteollebGenebals Repobt 189 2 Gross claims for losses in process of adjustment or in suspense plus 25 00000 reserved for losses incurred prior to Decem ber 31 of which no no tice had been received on that date 427866 07 670100 00 3 Gross claims for losses re sisted 26994 22 4 Total 606685 00 070100 00 5 Deduct reinsurance due or accrued 88685 00 6 Net amount of unpaid losses and claims 518000 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 355464923 unearned premiums fifty per cent 1777324 61 8 Gross premiums received and receivable upon all unexpired fire risks running more than one year from date of policy 785239086 unearned premiums pro rata 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 83632410 unearned premiums 50 per cent 10 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired marine risks 61708303 unearned premiums 50 and 100 per cent 329437 75 670100 00 1188100 00 4130645 63 418162 05 11 Total unearned premiums as computed above 6655570 04 12 Amount reelaimable by the insured on perpetual fire in surance policies being 90 and 95 per cent of the pre mium or deposit received 740601 58 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 90000 00 21 Reinsurance premiums 31701 33 24 Contingent fund 202404 41 26 Total amount of all liabilities except capital 8908377 36190 ComptrollerGenerals Keport 27 Capital actually paid up in cash 4000000 00 28 Surplus over all liabilities 4000000 00 29 Surplus as regards policyholders 8000000 00 30 Total liabilities 16908377 36 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1008523013 11832106 73 2 Written or renewed during the year 714386471 8358897 49 4 Total 1722909484 20191004 22 5 Deduct those expired and marked off as terminated 634280339 v 7634837 67 6 In force at the end of the year 1088629145 12556166 55 7 Deduct amount reinsured 105003149 1149126 46 8 Net amount in force 983625996 11407040 09 9 Perpetual risks not included above 3154787079 De posit premiums on same 816973 68 Business in the State of Georgia During the Year Fire marine and inland risks written 38058835 00 Net premiums received 297925 24 Net losses paid 98009 01 Net losses incurred 92284 80 THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA OF PHILADELPHIA PA Clarence K Porter President Edward L Goff Secretary Principal Office 308310 Walnut Street Philadelphia Pa Dan B Harris Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 800000 00 2 Amount paid up in cash 800000 00 ITAssets 1 Markel value of real estate owned by the company loss the amount of incumbrances thereon 222092 50 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 56 108 00 3 Interest due on all said bond and mortgage loans 12074 interest accrued thereon 57743 total 698 VfComptrollerGenerals Report 191 4 Value of lands mortgaged exclusive of buildings and perishable improvements 39650 00 5 Value of buildings mortgaged insured for 6820000 as collateral 82500 00 6 Total value of said mortgaged premises carried inside 122150 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2861899 00 12 Cash in companys principal office 31503 45 13 ash belonging to the company deposited in banks viz Girard National Bank 99834 Fourth Street National Bank 11217320 total 11317154 Total cash items 144674 99 15 Interest due and accrued on stocks not included in mar ket value uncollected 29686 54 17 Cash in hands of agents and in course of transmission 393814 34 18 Dividends unclaimed by stockholders of merged companies 951 06 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 1027 47 Total assets of the company actual cash market value 3710952 07 IIILiabilities 1 Losses not due and unpaid 75635 41 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 251308 58 3 Losses resisted including interest costs and other expenses thereon 46550 95 4 Total gross amount of claims for losses 373494 94 5 Deduct reinsurance thereon 94347 58 6 Net amount of unpaid losses 279147 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 169871908 un earned premiums fifty per cent 849359 54 8 Gross premiums witlTout any deduction received and receivable upon all unex pired fire risks running more than one192 ComptrollerGenerals Beport year from date of policy 164677585 unearned premiums pro rata 875361 28 11 Total unearned premiums as computed above carried out 1724720 82 13 Eeclaimable by insured on perpetual fire insurance being 90 and 95 per cent of deposit 431 362 il 15 Dividends declared and remaining unpaid or uncalled for 951 06 19 All other demands against the company viz Estimated amount hereafter payable for State and other taxes based upon the business of the year of this statement 35000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 2471181 85 21 Joint stock capital actually paid up in cash 800000 00 23 Surplus beyond capital and all other liabilities 439770 22 24 Aggregate amount of all liabilities including capital paid up and net surplus 3710952 07 IVIncome During the Year 4 Gross premiums on risks written and re newed during the year 1783299 20 5 Total 1783299 20 8 Deduct reinsurance and return premiums 708018 78 9 Net cash actually received for premiums carried out 1075280 42 Deposit premiums written on perpetual risks 5 483 87 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 36 917 42 12 Income received from all other sources omitting increase if any in value of securities viz Bents 862328 overdue accounts 99740 profit on sale ledger assets stocks and bonds 53562 agents balances charged off 205691 perpetual policies lapsed and canceled 123000 total 443 1 15 Aggregate amount of income actually received during the year iu cash 1131822 35 VExpenditures During the Year Fire Perpetual 1 Gross amount actually paid for losses including 31297758 losses occur ring in previous years 1040858 86 1385 56CompteollebGenebals Eepoet 193 Deduct all amounts actu ally received for salva ges whether on losses of the last or of previ ous year 517875 and all amounts actually re ceived for reinsurance in other companies 234 90464 discount 1 13941 total 241222 80 Net amount paid during the year for losses 799636 06 1385 56 801021 62 Expenses of adjustment and settlement of losses 14902 59 6 Paid for commissions or brokerage 232532 00 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 96050 78 8 Paid for State national and local taxes in this and other States 77931 50 9 All other payments and expenditures viz Rents 2 50000 advertising 77994 printing and stationery 1839118 postage telegrams telephone and express 560406 legal expenses 373024 furniture and fix tures 13273 maps including corrections 337003 underwriters boards and tariff associations 504746 fire department fire patrol and salvage corps assess ments fees taxes and expenses 696146 inspections and surveys 453062 repairs and expenses on real estate 450656 taxes on real estate 179983 in surance department licenses and fees 971311 trav eling expenses 137189 conflagration indemnity 3 68400 miscellaneous 77742 to stockholders of Spring Garden Insurance Company as dividend for six months from January 1st 1911 to June 30 1911 under terms of consolidation agreement 2400000 deposit premiums returned 2034283 agents balances charged off 2395 loss on sale of ledger assets viz Real estate 53000 bonds 09758 total 118494 89 Aggregate amount of actual expenditures during the year in eash 1340933 38 VIBisks and Premiums Fire Eisks Premiums Thereon 1 In force on the 30th day of June 1911 325672432 42 3987121 76 2 Written or renewed during the year 135383125 58 1783299 20 Total 461055558 00 5770420 96194 Comptroller Generals Beport 5 Deduct those expired and marked off as terminated 132030043 61 1777727 89 6 In force at the end of the year329025514 39 3992693 07 7 Deduct amount reinsured 51839360 04 647198 14 8 Net amount in force 277186154 35 3345494 93 9 Perpetual risks not included above 1908933940 Deposit premiums on same 474342 64 Business in the State of Georgia During the Year Fire risks written 839826 63 Premiums received gross 10136 78 Losses paid 3886 03 Losses incurred 5348 45 LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY OF NEW YORK Henry W Eaton President George W Hoyt Secretary Home Office 45 William Street New York City B P Walker Jr Atlanta Attorney for Service in Georgia TCapital Stork 1 Amount of capital paid up in cash 200000 00 2 Amount of ledger assets as per balance December 31 of previous year 922291 90 4 Extended at 922291 90 ITIncome Eire Marine Inland 5 Gross premiums 617817 80 2530 89 6 Deduct gross amount paid for reinsurance fire 25054001 return pre miums fire 14295887 total 393498 88 7 Total premium other than perpetual 224318 92 2530 89 226849 81 9 Gross interest on mortgage loans 2611 11 11 Gross interest on bonds and dividends on stocks less 12667 accrued interest on bonds acquired during 1911 23887 66ComptrollerGenerals Report 195 12 Gross interest on deposits in trust com panies and banks 2551 71 17 Total gross interest and rents 29050 48 27 Gross increase by adjustment in book value of ledger viz Bonds 87 13 28 Total income 255987 42 IIIDisbursements 1 Gross amount paid policyholders for losses including 2212570 occurring in pre vious years 220707 09 2 Deduct amount received for salvage fire 268734 reinsurance fire 10303897 total 105726 31 3 Net amount paid policyholders for losses 114980 78 4 Expenses of adjustment and settlement of losses 2558 20 5 Commissions or brokerage 41399 45 8 Salaries fees and all other charges of officers directors trustees and home office employees 6540 70 10 Advertising 123271 printing and stationery 214414 total 3376 85 11 Postage telegrams telephone and express 1322 29 12 Legal expenses 93 54 15 Underwriters boards and tariff associations 2369 96 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 336 40 17 Inspections and surveys 1570 18 20 State taxes on premiums 6500 96 21 Insurance department licenses and fees 1570 26 22 All other licenses fees and taxes 4827 16 Federal corporation tax 384 26 23 Other disbursements viz Office expenses 44115 trav eling 31380 total 754 95 34 Paid stockholders for interest or dividends amount de clared during the year 1500000 15000 00 40 Gross decrease by adjustment in book value of ledger viz Bonds 717 77 41 Total disbursements 204303 71 IVLedger Assets 4 Book value of bonds 38844855 and stocks 36427002 total 1 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 752718 57 23138 92 109445 27196 ComptrollerGenerals Report 8 Agents balances representing business written subsequent to October 1 1911 88073 68 9 Agents balances representing business written prior to October 1 1911 599 17 16 Total ledger assets 973975 61 NonLedger Assets 18 Interest accrued on bonds 4462 50 24 Total 462 50 30 Gross assets 978438 11 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 599 17 38 Book value of ledger assets over market value viz Bonds 2224855 stocks 1737002 total 39618 57 Total 40217 74 41 Total admitted assets 938220 37 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 187700 reserve for losses incurred prior to De cember 31 of which no notice had been received on that date 50470 00 4 Total 50470 00 5 Deduct reinsurance due or accrued in com panies authorized in New York 20689 00 i Net mount of unpaid losses and claims 29781 00 7 QrosS premiums less reinsurance received and receivable upon all unexpired tire risks running one year or less from date of policy including interest premiums on perpetual fire risks 16083465 un earned premiums fifty per cent 80417 33 1912 premiums 100 per cent 235 00 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 30445705 unearned premiums pro rata 149149 83ComptrollerGenerals Eepoet 197 9 Gross premiums less reinsurance cash and bills received and receivable upon all uncxpired inland navigation risks 253089 unearned premiums 100 per cent 2530 89 11 Total unearned premiums as computed above 232333 05 18 Salaries rents expenses bills accounts fees etc due or accrued 7500 00 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 4536 99 20 Commissions brokerage and other charges due or to become due to agents and brokers 9000 00 21 Return premiums 779584 reinsurance premiums 17 80784 total 25603 68 26 Total amount of all liabilities except capital 308754 72 27 Capital actually paid up in cash 200000 00 28 Surplus over all liabilities 429465 65 29 Surplus as regards policyholders 629465 65 30 Total liabilities 938220 37 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 61783274 00 761433 26 2 Written or renewed during the year 54799145 00 617817 80 4 Total 116582419 00 1379251 06 5 Deduct those expired and marked off as terminated 45101022 00 536457 83 6 In force at the end of the year 71481397 00 842793 23 7 Deduct amount reinsured 32337416 00 377266 53 8 Net amount in force3914398100 465526 70 Business in the State of Georgia During the Year Fire risks written 1185409 00 Premiums received gross 18590 61 Losses paid I608 46 Losses incurred 1408 4b198 ComptrollerGeneral s Report UNITED STATES BEANCH OF THE LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY LTD OF LIVERPOOL ENGLAND Henry W Eaton Manager George W Hoyt Deputy Manager Chief Office in the United States 45 William Street New York City B P Walker Jr Atlanta Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 13871178 32 4 Extended at 13871178 32 IIIncome Fire Marine Inland 5 Gross premiums 13600237 20 409186 30 6 Deduct gross amount paid for reinsurance fire 2 24852205 marine and inland 5602437 re turn premiums fire 3 37014582 marine and inland 4041291 total 5618668 77 96437 28 7 Total premium other than perpetual 8080568 43 312749 02 8393317 45 8 Deposit premiums written on perpetual risks gross 1206 34 9 Gross interest on mortgage loans 158652 19 10 Gross interest on collateral loans 6 00 11 Gross interest on bonds and dividends on stocks less 133333 accrued interest on bonds acquired during 1911 225361 21 12 Gross interest on deposits in trust com panies and banks 13876 34 13 Gross interest from all other sources viz Interest on form notes 28 54 16 Gross rents from companys property in cluding 4177000 for companys occu pancy of its own buildings 127200 86 17 Total gross interest and rents 18 From other sources viz Premiums on life policies in force 19 Premiums on life policies in force 26 Gross profll on sale or maturity of ledger assets viz Bonds 27 Cross increase by adjustment in book value of ledger assets viz Bonds 525125 14 373 31 373 31 10614 82 777 51 28 Total income 8931414 57ComptrollerGenerals Eeport 199 IIIDisbursements Eire Marine Inland Gross amount paid policy holders for losses in cluding 107650142 oc curring i n previous years 6725622 04 86374 42 Deduct amount received for salvage fire 8829022 marine and inland 26810 reinsurance fire 226105656 marine and inland 2676496 total 2349346 78 27033 06 3 Net amount paid policy holders for losses4376275 26 59341 36 i 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 7 Salaries 11344716 and expenses 7647353 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including 4177000 for companys occupancy of its own buildings 10 Advertising 4304024 printing and stationery 47 62146 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 assessments fees taxes and expenses 17 Inspection 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 Federal corpora tion tax 1257958 local taxes 7809286 total 23 Other disbursements viz Office expenses 3565527 travelling 871486 life expenditure 619 total 32 Remittance to home office 33 Deposit premium returned 40 Gross decrease by adjustment in book value of ledger assets viz Bonds 4435616 62 120487 00 1678196 47 189920 69 338649 29 56700 38 90661 70 36187 75 3579 33 12902 31 12959 95 93777 21 23410 21 33950 54 46208 14 26510 41 126427 68 21569 28 90672 44 44370 32 1339346 56 10017 91 9288 95 41 Total disbursements 8841417 14200 ComptrollerGenerals Eepokt IVLedger Assets 1 Book value of real estate 1452558 30 2 Mortgage loans on real estate first liens 3435614 00 3 Loans secured by pledge of bonds stocks or other collaterals 100 00 4 Book value of bonds 434335969 and stocks 1241 62433 total 5584984 02 5 Cash in companys offce 1173 32 6 Deposits in trust companies and banks not on interest 69594 97 7 Deposits in trust companies and banks on interest 1367081 74 Total cash items 1537850 03 8 Agents balances representing business written subsequent to October 1 1911 1891231 71 9 Agents balances representing business written prior to October 1 1911 58j837 69 16 Total ledger assets 13961175 75 NonLedger Assets 17 Interest due 437100 and accrued 38 56074 on mortgages 42931 74 18 Interest accrued on bonds 53 090 00 20 Interest accrued on bank deposits items and amounts 7209 58 23 Rents accrued on companys property or lcase 10000 00 29tl0t 11323132 A Market value of real estate over book value 121 957 82 l Gr0SS assets 14196364 89 Deduct Assets Not Admitted 83 Furniture fixtures and safes 9184 85 34 Agents balances representing business written prior to October 1 1911 58837 69 i Farm notes 041 r 37 Mortgages over amount allowed by law of N Y S 98336 00 38 Rook value of ledger assets over market value viz Bonds 17397969 stocks 7026433 total 244244 02 Tota1 411844 32 41 Total admitted assets 3378452o 57CoMPTROLLERGrENERAL s BePORT 201 VLiabilities 1 Gross losses adjusted and unpaid 54186 77 2 Gross claims for losses in process of adjust ment or in suspense plus 9281858 re serve for losses incurred prior to Decem ber 31 of which no notice had been received on that date 1347431 28 3 Gross claims for losses resisted 70699 00 4 Total 1472317 05 5 Deduct reinsurance due or accrued 654975 67 6 Net amount of unpaid losses and claims 817341 38 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 506609983 un earned premiums fifty per cent 2533049 92 1912 business 100 per cent 106618 00 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 926305253 unearned premiums pro rata 4862373 34 9 Gross premiums less reinsurance cash and bills received and receivable upon all unexpired inland navigation risks 20105828 unearned premiums 100 per cent 201058 28 11 Total unearned premiums as computed above 7703099 54 12 Amount reclaimable by the insured on perpetual fire in surance policies being 95 per cent of the premium or deposit received 189899 74 13 Net premium reserve and all other liabilities except capital under the life insurance or any other special department 9406 16 18 Salaries rents expenses bills accounts fees etc due or accrued 9854 94 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 180652 68 20 Commissions brokerage and other charges due or to be come due to agents and brokers 64007 91 21 Eeturn premiums 6952748 reinsurance premiums 238 74214 total 308269 62202 CompteolleeGenebals Eepoet 23 All other liabilities viz Reserve for unknown liabilities 20000 00 26 Total amount of all liabilities except capital 9302531 97 29 Surplus as regards policyholders 4481988 60 30 Total liabilities 13784520 57 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1803330877 18698634 47 2 Written or renewed during the year 1382855524 13699237 20 4 Total 3186186401 32397871 67 5 Deduct those expired and marked off as terminated 1263099379 12780217 04 6 In force at the end of the year 1923087022 19617654 03 7 Deduct amount reinsured 567103738 5181883 67 8 Net amount in force 1355983284 14435770 36 9 Perpetual risks not included above 7113312 deposit premiums on same 199894 46 Business in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 15492074 00 276635 77 156901 35 241263 02 LONDON ASSURANCE CORPORATION OF LONDON ENGLAND Charles L Case United States Manager Principal Office 84 William St New York N Y Attorney for Service in Georgia Carlton Y Smith IIAssets 8 Total par ami market value of stocks and bonds owned absolutely by the company carried out at market yalu0 2945165 00 12 Cash in Companys principal office 155388 13 Cash belonging to the company deposited in bank 321681 68 Total lsl1 items 323235 56 17 Cash in hands of agents and in course of transmission 552600 23ComptrollerGenerals Report 203 All other assets both real and personal Loss expenses 12348 75 47 06 Total assets of the company actual cash market value 3833396 60 IIILiabilities 1 Losses not yet due and unpaid 25676 46 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 407286 00 3 Losses resisted including interest costs and other expenses thereon 14182 00 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 447144 46 118162 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 128764467 un earned premiums fifty per cent 643822 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 240642932 unearned premiums pro rata 1264466 08 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 10 Gross premiums without any deduction received and receivable on all unexpired marine risks 328982 46 40806 17 109830 26 11 Total unearned premiums as computed above carried out 2058924 85 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 Commission Reinsurance 3172 37 61594 37 104435 45 49878 83 20 Total amount of all liabilities except capital stock scrip and net surplus 2606988 33 23 Surplus beyond capital and all other liabilities 1226408 27 24 Aggregate amount of all liabilities including capital paid up and net surplus 3833396 60204 ComptrollebGeneralis Report IVIncome During The Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 395948 28 119228 81 3 Net collected 395948 28 119228 81 4 Gross premiums on risks written and renewed dur ing the year 2784641 52 1120117 77 5 Total 3180589 80 1239340 58 6 Deduct premiums and bills in course of collection at this date 451080 87 111349 67 7 Entire premiums collected during the year 2729508 93 8 Deduct reinsurance and re turn premiums 741172 91 1127996 91 642027 80 D Net cash actually received for premiums carried out 1988336 02 485969 11 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 S S Crown Prince 2633448 agents balances previously charged off 129 total Bonds sold 14 American branches of Foreign companies will please report amount of remittances from home office during year 2474305 13 129472 84 26335 77 110778 12 33996 04 15 Aggregate amount of income actually received during the year in cash 2774 887 90 VExpenditures During The Year 1 Gross amount actually paid for losses including 251 82177 losses occurring in previous years 1160832 51 617810 63 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous yearComptrollerGenerals Report 205 6676472 and all amounts actually received for reinsurance in other companies 49377577 total deductions discount 147646 22 412972 87 Net amount paid during the year for losses 1019186 29 204837 76 1224024 05 4 Adjusting losses 28304 95 5 Scrip or certificates of profits redeemed in cash and interest paid to scripholdeis bonds purchased 39462 50 6 Paid for Commissions or Brokerage 517853 30 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 163788 64 8 Paid for state national and local taxes in this and other states 88630 68 9 All other payments and expenditures viz agents balances charged off 17276 rents 2234260 advertising 713837 stationery 1785995 postage 1996757 maps 584584 Underwriters boards etc 2593120 surveys 1056344 special agents expenses 2967394 legal 48544 furniture 115749 miscellaneous 1347267 156165 53 10 American branches of foreign companies will please report amount sent to Home Offices during the year 410191 07 Aggregate amount of actual expenditures during the year in cash 2628420 72 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1911 357023357 00 3930480 68 2 Written or renewed during the year 244487060 00 2784641 52 4 Total 601510417 00 5 Deduct those expired and marked off as terminated 215918056 00 6 In force at the end of the year385592361 00 7 Deduct amount reinsured 41415824 00 i Net amount in force 344176537 00 2533082 55 4182039 65 487965 66 3694073 99 Business in the State of Georgia During the Year Fire marine and inland risks written 1025524 00 Premiums received gross 16761 19 Losses paid 10750 95 Losses incurred 13029 95206 OoMPTROLLERGrENERALs REPORT LONDON LANCASHIRE FIRE INSURANCE COMPANY OF LIVERPOOL ENGLAND Archibald G McHwaine Jr Manager Principal Office in the United States Nos 57 and 59 William St New York Frederick V Cole Atlanta Attorney for Service in Georgia IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 350000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2820568 00 12 Cash in companys principal office 10361 4j 13 Cash belonging to the company deposited in bank 560086 14 Total cash items Held by United States trustees 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 67358596 less commissions 14521040 total 18 Bill receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Rents due and accrued 39933 due from other companies for re insurance on losses already paid 174539 total 570447 60 105433 92 41752 90 528375 56 492 75 6794 97 Total assets of the company actual cash market value 4423862 70 IIILiabilities 1 Losses due and unpaid 1514000 losses adjusted not due 455800 19698 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 155010 58 3 Losses resisted including interest costs and other expenses thereon 20580 00 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 6 Net amount of unpaid losses 195288 58 511 15 42 Cross premiums without any deduction received and receivable upon ali unex pired fire risks running one year or less from date of policy 153304111 un earned premiums fifty per cent 766520 56 144173 16ComptrollerGenerals Report 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 329265875 unearned premiums pro rata 1775581 49 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 57 74524 28872 62 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 Unpaid taxes 5770060 unpaid com missions 1000000 unpaid return premiums 441853 unpaid reinsurance premiums 436316 less commis sions 75028 361288 total 2570974 67 2989 08 75732 01 20 Total amount of all liabilities except capital stock scrip and net surplus 2793868 92 23 Surplus beyond capital and all other liabilities 1629993 78 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year Fire Marine Inland 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement ft 4423862 70 595007 35 3 Net collected 595007 35 4 Gross premiums on risks written and renewed dur ing the year 4052313 77 88452 24 5 Total 4647321 12 88452 24 6 Deduct premiums and bills in course of collection at this date 680222 06 12993 63 208 Comptroller General s Eeport Entire premiums collected during the year 3 96618570 notes 913 36 total 390709 06 Deduct reinsurance and re turn premiums 1539712 54 75458 61 25447 23 9 Net cash actually received for premiums carried out 2427386 52 50011 38 2477397 90 11 Deceived for interest and dividends on stocks and bonds collateral loans and from all other sources 120 493 68 12 Income received from all other sources omitting increase if any in value of securities viz Rents 25 672 56 14 American branches of foreign companies will please report amount of remittan ces from home office during year 134024 26 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Fire Inland Marine 1 Gross amount actually paid for losses including 18031500 losses occur ring in previous years 1557434 72 12061 95 2 Deduct all amounts actu ally received for salva ges whether on losses of the last or of previ ous year 2065584 and all amounts actually received for reinsurance in other companies 377 35568 total deductions 397828 51 183 01 2629564 14 Net amount paid during the year for losses 1159606 21 12478 94 1172085 15 Expenses in adjustment of losses 39572 28 6 Paid for commissions or brokerage 416l03 65 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 193992 67 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Rents 30 23490 real estate taxes and expenses 1592714 advertising 1309250 printing and stationery 25 00746 traveling 3915999 allowances to agents 16 103704 10ComptrollerGenerals Report 209 23584 postage telegraph express and telephone 1892240 surveys and inspections 1305428 boards and associations 3981940 miscellaneous 2279272 total 234246 63 10 American branches of foreign companies will please report amount sent to home office during the year 324548 71 Asereeate amount of actual expenditures during the year in cash 2159704 48 VIRisks and Premiums Fire Risks Premiums Thereon 3 In force on the 31st day of December 558071891 00 5443861 22 2 Written or renewed during the year 436081426 00 4052313 77 3 Total 994153317 00 9496174 99 4 Excess of original premiums over amount received for reinsurance 5289 20 Total 994153317 00 9501464 19 5 Deduct those expired and marked off as terminated 399914826 00 3673588 65 6 In force at the end of the year594238491 00 5827875 54 7 Deduct amount reinsured 97822842 00 1002175 68 8 Net amount in force 496415649 00 4825699 86 Business in the State of Georgia During the Year Fire marine and inland risks written 4222110 00 Premiums received gross 55750 73 Losses paid 28443 35 Losses incurred 29987 35 LUMBER FIRE INSURANCE COMPANY OF NEW YORK N Y G A Mitchell President H MeKelvey Secretary Principal Office 84 William Street N Y City Attorney for Service in Georgia F B Marsh ICapital 1 Whole amount of capital stock 2 Amount paid up in Cash 400000 00 400000 00210 CoMPTBOLLEB GENERAL s BePOBT IIAssets 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market vale 683600 00 12 Cash in companys principal office 4000 00 13 Cash belonging to the company deposited in banks Bankers Trust Co 5390 32 Columbia National Bank 5456 16 Marine National Bank 40293 37 National Park Bank 5865 58 State National Bank 8552 98 Total 69558 41 15 Interest due and accrued on bonds not included in market value uneollected 7490 83 17 Cash in hands of agents and in course of transmission 126005 75 Total assets of the company actual cash market value 1286654 99 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 85567 91 4 Total gross amount of claims for losses 85567 91 5 Deduct reinsurance thereon 38637 26 6 Net amount of unpaid losses 46930 65 7 Gross premiums without any deduction received and receivable upon all unex pired Are risks running one year or less from date of policy 39361997 un earned premiums fifty per cent 196809 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 8346309 unearned premiums pro rata 48484 97 11 Total unearned premiums as computed above carried out 245294 95 19 All other demands against the company absolute and con tingent due and to become due admitted and eon tested viz bills 552 qq Reserve for taxes g 2oo 00 Reserve for commissions 31 501 44 Total 332478 04 21 Joint stock capital actually paid up in cash 400000 00 23 Surplus beyond capital and all other liabilities 154176 95ComptrollerGenerals Eeport 211 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 162666 43 886654 99 3 Net collected 162666 43 4 Gross premiums on risks written and renewed during the year 891751 48 5 Total 1054417 91 6 Deduct premiums and bills in course of collection at this date 126005 75 7 Entire premiums collected during the year 928412 16 8 Deduct reinsurance and return premiums 486482 79 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 Paid in by Adir Fire Ins Co stockholders at merger 531364 57 Net amount paid during the year for losses 5 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 Adjustment charges 557414 rent 121699 bonds acquired during the year 2216462 auditing 135000 legal fees 555684 bonds 38595 sundries 18227 441929 37 31292 54 38000 00 15 Aggregate amount of income actually received during the year in cash 511221 91 VExpenditures During the Year 1 Gross amount actually paid for losses including 5047446 losses occurring in previous years 2 Deduct all amounts actually received for salvage whether on losses of the last or of previous year 161335 and all amounts actually received for reinsurance in other companies 17427909 total deductions discount 83586 176728 30 354636 27 6840 87 134142 39 13761 00 21901 91 36430 81212 ComptbollebGenebals Eepoet Aggregate amount of actual expenditures during the year in cash 567713 25 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 Adirondack 27900103 00 420653 52 Lumber Insurance Co 35549743 00 564324 88 2 Written or renewed during 1911 50719738 00 891751 48 3 Total 124169584 00 1876729 88 4 Deduct those expired and marked off as terminated in 1911 74938307 00 1184213 84 5 In force at end of year 1911 49231277 00 692516 04 6 Deduct the amount reinsured in other companies 13534281 00 215432 98 7 Net amount in force 35696996 00 477083 06 8 Greatesl amount insured in any one risk 26 000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 423 994 00 Premiums received gross 7 733 Q7 Losses paid 33445 98 Losses incurred 27 554 00 LUMBER MUTUAL FIRE INSURANCE COMPANY OF BOSTON MASSACHUSETTS George W Gale President Henry E Stone Secretary Principal Office 141 Milk Street Boston Mass F Wade Vaughan Atlanta Attorney for Service in Georgia IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market Value 547900 00 12 Cash in companys principal office 813 21 13 Cash belonging to the company deposited in banks 102079 71 Unused balance of cash in agents hands 290 00 Total cash it ems 103 182 92 15 nteresl due and accrued on bonds not included inmar kel value uncollected 3 736 99CompteolleeGteneeals Eepoet 17 Gross 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 6260 73 3 Losses resisted including interest costs and other expenses thereon 1000 00 213 17841 15 672661 06 4 Total gross amount of claims for losses 7260 73 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 37788496 un earned premiums fifty per cent 188942 48 11 Total unearned premiums as computed above carried 7260 73 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 Accrued taxes 188942 48 152 91 4317 02 20 Total amount of all liabilities except capital stock scrip and net surplus 200673 14 23 Surplus beyond capital and all other liabilities 471987 92 24 Aggregate amount of all liabilities including capital paid up and net surplus 672661 00 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 16639 90 3 Net collected 16639 90 4 Gross premiums on risks written and re newed during the year 443978 7o 5 Total 460618 65 6 Deduct premiums and bills in course of collection at this date 17849 18214 ComptrollerGenerals Eeport 7 Entire premiums collected during the year 442709 47 8 Deduct reinsurance and return premiums 51602 45 9 Net cash actually received for premiums carried out 10 Received for interest on bonds 11 Received for interest on deposits in trust companies and banks Overdue premiums 55 cents from Gale Stone agents 1600000 agents balances previously charged off 4136 total 12 Income received from all other sources omitting increase if any in value of securities viz From sale of bonds Increase by adjustment in book value of ledger assets Adjusting balance 78193 discount on losses 46596 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 8459 losses occurring in pre vious years 129999 75 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 972 and all amounts actually received for reinsur ance iu other companies total deduc tions 9 T Net amount paid during the year for losses I Cash dividends actually paid policyholders Expense of adjustment and settlement of losses 1 16509 allowances to local agencies for miscellaneous agency expenses 110155 total 5 Rents 345840 advertising 21911 total Printing and stationery 199341 postage telephone telegrams and express 137167 legal expense 28500 furniture and fixtures 64900 total 6 Iaid for commissions or brokerage 2202714 inspections and surveys 516798 total Executive expense 7 Iaid 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 Slates 9 All other payments ami expenditures viz Publications 25065 collecting bad bills 600 total 391167 02 22235 11 3725 58 16041 91 1567 50 14884 83 1247 89 450869 84 129990 03 146016 94 2266 64 3677 51 4299 08 27195 12 1570 50 32011 04 7653 53 256 65 ComptrolleeGenebals Eepoet 215 Premiums on surety bonds 7800 examination of books by auditor 49000 expense of attending various meetings 22054 total 788 54 All other disbursements 020057 agents balances charged off 13679 paid unpresented check previ ously charged off 25 cents total i337 61 Decrease by adjustment in book value of ledger assets 590 22 Aggregate amount of actual expenditures during the year in cash 357653 41 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 15241424 00 351076 50 2 Written or renewed during 1911 19006266 00 443978 75 3 Tota 34247690 00 795050 08 4 Deduct those expired and marked off is terminated in 1911 17608198 00 417165 13 5 In force at end of year 1911 16639492 00 377884 95 7 Net amount in force 16639492 00 377884 95 8 Greatest amount insured in any one risk 20000 00 Business in the State of Georgia During the Year Fire risks written 315492 79 Premiums received gross 9763 r a 1336 96 Losses paid Losses incurred 1336 LUMBERMENS MUTUAL FIRE INSURANCE COMPANY MANSFIELD OHIO E S Nail President W H G Kegg Secretary F Wade Vaughan Attorney for Service in Georgia IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 23700 00 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 31450 3 Interest accrued thereon 27777 277 77 4 Value of lands mortgaged exclusive of buildings and perishable improve ments 3340000216 CoMPTBOLLEEG ENEBALs RePOBT 5 Value of buildings mortgaged insured for 30850 as collateral 37300 00 6 Total value of said mortgaged premises carried inside 70700 00 S 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 112692 13 Cash belonging to the company deposited in banks Farmers Savings and Trust Co 13018 82 Central and Commercial National Bank Chicago 111 2872 98 433193 02 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 27018 72 5181 36 20201 56 Total assets of the company actual cash market value 541022 43 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 6620 00 1000 00 4 Total gross amount of claims Im lo 7620 00 6 Not amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired firo risks running one year or less from date of policy 36528943 un earned premiums fifty per cent 182644 71 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 172040 and other miscellaneous expenses 40000 return premiums 26707 State county and municipal taxes due or accrued 7620 00 182644 71 2860 76 2387 47 4500 00 20 Total amount of all liabilities except capital stock scrip and net surplus 200012 94 23 Surplus beyond capital and all other liabilities 341009 4924 4 8 9 10 11 ComptrolleeGteneeals Bepobt 217 Aceresate amount of all liabilities including capital paid up and net surplus 541022 43 IVIncome During the Year Gross premiums on risks written and renewed during the year 420911 45 Deduct reinsurance and return premiums 41390 80 Net cash actually received for premiums carried out 379520 65 Received for interest on bonds and mortgages 1791 50 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 17823 52 Income received from all other sources omitting increase if any in value of securities viz sale of bonds 18000 Fire claims subrogated 168040 1866 40 401002 07 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount paid for losses including 239966 losses occurring in previous years 142168 58 2 Deduct all amounts actually received for salvage whether on losses of the last or of previous year 972 and all amounts actually received for reinsurance in other companies total deductions 9 72 Net amount paid during the year for losses 4 Cash dividends actually paid policy holders 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 inspections and surveys 1310873 miscellaneous expenses balance 1335995 Aggregate amount of actual expenditures during the year in cash VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 15098370 00 339951 99 Written or renewed during 1911 18388430 00 420911 45 142158 86 141660 65 27664 82 26363 34 6508 41 26468 68 370824 76 2 3 Total 33486806 00 760863 44218 ComptrollerGenerals Report 4 Deduct those expired and marked off as terminated in 1911 17095911 00 5 In force at end of year 1911 16390895 00 6 Deduct the amount reinsured in other companies 19863 00 7 Net amount in force 16371032 00 8 Greatest amount insured in any one risk Business in the State of Georgia During the Year Fire marine and inland risks written 155800 less 27500 Premiums received gross 520127 less 106488 Losses paid Losses incurred 395157 31 365706 13 416 70 365289 43 12500 00 128300 00 4196 39 1291 76 1291 76 LUMBER UNDERWRITERS OF NEW YORK N Y Eugene F Perry Attorneyinfact Principal Office 66 Broadway New York N Y Win A Wright Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 100000 00 2 Amount paid up in cash 100000 00 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market Viluo 10000 00 13 Cash belonging to the company deposited 111 banks 193753 89 Total cash items 193753 89 1 Cash in hands of agents and in course of transmission 51270 28 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 117047 and accrued interest on Georgia bonds 17500 total 1345 47 Total assets of the company actual cash market value 256369 64 11 Liabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses lUd 00 4 Total gross amount of claims for losses 19440 00ComptrollerGenerals Eeport 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 23766002 un earned premiums fifty per cent 118830 01 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 Accrued taxes 50000 and premiums due reinsurance companies 534667 total 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statementi 2 Deduct amount of same not collected 36742 61 698 21 3 Net collected 36044 40 4 Gross premiums on risks written and re newed during the year 436427 03 5 Total 47247143 6 Deduct premiums and bills in course of collection at this date 51270 28 7 Entire premiums collected during the year 421201 15 8 Deduct reinsurance and return premiums 193492 86 9 Net cash actually received for premiums carried out 1 11 Received for interest 15 Aggregate amount of income actually received during the year in cash 219 19440 00 118830 01 1965 69 5846 67 146082 37 100000 00 10287 27 256369 64 227708 29 5269 52 232977 81220 ComptrollebGenekal s Repobi VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 2561284 losses occurring in previous years 207139 40 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 51168 and all amounts actually received for reinsur ance in other companies 9235990 total deductions 92871 58 Net amount paid during the year for losses 114267 85 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 112174 advertising 504801 rent 99998 and general expense 255354 total 23400 00 17781 45 45739 83 1853 31 3723 27 Aggregate amount of actual expenditures during the year in casl1 212765 68 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1911 13464100 00 209441 89 2 Written or renewed during 1911 19482543 00 436427 03 3 Total 32946643 00 705S68 92 4 Deduct those expired and marked off as terminated in 1911 12007591 00 5 In force at end of year 1911 20939052 00 6 Deduct the amount reinsured in other companies 6426402 00 350528 79 355340 13 117680 11 7 Net amount in force14512650 00 237660 02 8 Greatest amount insured in any one risk 12 500 00 Business in the State of Georgia During the Year Fire risks written 25 6g3 0Q Premiums received gross 8 088 60 sses aia 10 8o Losses incurred 2 710 23ComptbollebGenebals Eepobt 221 MASSACHUSETTS FIRE AND MARINE INSURANCE COMPANY OF BOSTON MASS Everett C Benton President Walter Adlard Secretary Principal Office 95 Water Street Boston Mass Attorney for Service in Georgia James L Dickey Jr ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 500000 00 500000 00 IIAssets 1274 80 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 12 Gash in companys principal offiee 13 Cash belonging to the company deposited in banks First National Bank Second National Bank Atlantic National Bank Old Colony Trust Co Dorchester Trust Co and Winthrop National Bank Central Trust Co Boulevarde Trust Co 954494 00 183681 13 Total cash items 15 Interest due and accrued on stocks not included in market value uncollected 17 Cash in hands of agents and in course of transmission Interest on special bank deposit Dorchester Trust Co 184955 93 7515 22 71651 04 176 34 Total assets of the company actual cash market value 1218792 53 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 11796 12 27872 00 4 Total gross amount of claims for losses 39668 12 5 Deduct reinsurance thereon 11329 99 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 23902174 un earned premiums fifty per cent 28338 13 119510 87222 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 17764966 unearned premiums pro rata 141387 83 10 Gross premiums without any deduction received and receivable on all unexpired marine risks 9924 86 11 Total unearned premiums as computed above carried out 270823 56 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 2207 29 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Hereafter payable for state taxes 5426 15 Total 306795 13 20 Total amount of all liabilities except capital stock scrip and net surplus 306795 3 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 411997 40 24 Aggregate amount of all liabilities including capital paid up and net surplus 1218792 53 IVIncome During the Year Fire Risks Marine and Inland 1 Gross premiums and bills in course of collection at close of last previous year 52005 92 3 Ne1 collected 52005 92 4 Gross premiums on risks written and renewed dur ing the year 475888 82 28433 85 Total 527894 74 28433 85 i Deduct premiums and bills in course of collection at this date 65658 93 5992 11 Entire premiums collected during the year Cash 48467755 462235 81 22441 74 8 Deduct reinsurance and re turn premiums 102543 58 8036 33ComptrollerGenerals Report 223 9 Net cash actually received for premiums carried out 359692 23 14405 41 374097 64 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 interest on deposits in Trust Companies and Banks 481876 profit on sale of stocks 671234 32297 72 11531 10 908 07 15 Aggregate amount of income actually received during the year in cash 417926 46 VExpenditures During the Year Fire Risks Marine and Inland 1 Gross amount actually paid for losses including 8 48283 losses occurring in previous year 149456 18 2 Deduct all amounts actually received for salvages whether on losses of the last or of the previous year 292758 and all amounts actually received for reinsurance in other companies 1803671 total deductions 9163 marine 20964 29 91 63 816 44 Net amount paid during the year for losses 128491 89 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 129308 33 93345 24 43180 96 1876 43 36679 05 Aggregate amount of actual expenditures during the year B B 304390 01 in cash VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 16708277 00 159922 88224 ComptrollerGenerals Report 2 Written or renewed during 1911 47522823 00 475888 82 3 Total 64231100 00 635811 70 4 Deduct those expired and marked off as terminated in 1911 18339433 00 175481 83 5 In force at end of year 1911 45891667 00 460329 87 6 Deduct the amount reinsured in other companies 4914757 00 43658 47 7 Net amount in force 40976910 00 416671 40 8 Greatest amount insured in any one risk 27000 00 Business in the State of Georgia During the Year Fire marine and inland risks written 987310 00 Premiums received gross 15715 69 Losses paid 3741 62 Losses incurred 4539 15 MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF PROVIDENCE R I Henry T Grant President Alfred U Eddy Secretary Principal Office lo Webster Si Providence B I Win A Wright Atlanta Attorney for Service in Georgia IIAssets Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 235105 00 12 Cash in Companys principal office S 57 1 ash belonging to the company deposited in bank viz Industrial Trust Co 2G0S9 12 26097 99 Total cash item 261202 99 15 nteresl due and accrued on bonds not included in mar ket value uncollected 770 S3 All other assets both real and personal vi Uncollected premiums not over three months due 10566 77 Total assets of i In company actual cash market value 2725lu 59 III Liabilities 2 Cross losses in process of adjustment or in suspense including i reported and supposed losses 700 004171 71 ComptbollebGeneeals Eepoet 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 24587849 un earned premiums fifty per cent 122939 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 620887 un earned premiums pro rata 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 City State and federal taxes 20 Total amount of all liabilities except capital stock scrip and net surplus 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 7533 18 3 Net collected 7533 38 4 Gross premiums on risks written and re newed during the year 266389 21 5 Total 273922 39 6 Deduct premiums and bills in course of collection at this date 10506 77 7 Entire premiums collected during the year Deduct reinsurance and return premiums 263355 62 15497 11 225 700 00 127110 96 252 67 7396 66 135460 29 137080 30 272540 59 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 Tncome received from all other sources omitting increase if any in value of securities viz Rents 247858 51 14275 31 900 00226 ComptrollerGenerals Report 15 Aggregate amount of income actually received during the year in cash 263033 82 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding no losses occurring in previous years 6746 80 Net amount paid during the year for losses 6 746 80 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 226388 76 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 19366 97 8 Paid for State national and local taxes in this and other States 8565 47 9 All other payments and expenditures viz Office print ing postage and miscellaneous 9 353 40 Aggregate amount of actual expenditures during the year m cash 270426 40 VTRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 11 29081028 00 252539 72 2 V ntten or renewed 31314080 00 260389 21 I al 60395108 00 518928 93 4 JJeduct those expired and marked off as terminated in 1911 31112788 00 26684155 5 In force at end of year 1911 29282320 00 252087 38 7 Net amount in force 29282320 252087 38 Greatest amount insured in any one risk 25 000 00 Business in the State of Georgia During the Year Fire risks written 1JSBOm 00 Premiums received gross 9 412 80 Losses paid 1Z0 32 Losses incurred ComptbollebGeneeals Eepoet 227 milwaukee mechanics insurance company of milwaukee wisconsin William L Jones President Oscar Griebling Secretary Home Office 442 and 444 City ITall Square Milwaukee Wisconsin has S Matthews Atlanta Attorney for Service in Georgia TCapital Stock Amount of capital paid up in cask 1000000 00 Amount of ledger assets as per balance December 31 of previous year 4217909 18 Increase of paidup capital during the year 300000 00 4 Extended at 4517969 18 ITIncome 5 Gross premiums 3128902 89 6 Deduct gross amount paid for reinsurance fire 40836478 return premiums fire 45079178 total 859156 56 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 338587 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 13 Cross interest from all other sources Milwaukee Board of Fire Underwrit ers 665 14 Gross rents from companys property in cluding 320000 for companys occu pancy of its own buildings 2269746 33 82862 57 501 no 91251 29 1685 31 6 65 4059 84 15 Total gross interest and rents 16 From other sources viz Reinsurance company for trust fund account 25 From agents balances previously charged off 26 Gross profit on sale or maturity of ledger assets viz Bonds 540065 stocks 54000 total 27 Gross increase by adjustment in book value of ledger assets viz Bonds 180306 or 12819 19 436 oo 5940 65 L555 12 28 Total income 2473864 31228 ComptrollerGenerals Eeport IIIDisbursements 1 Gross amount paid policyholders for losses including 11 183797 occurring in pre vious years 1238421 78 2 Deduct amount received for salvage fire 591301 reinsurance fire 20783571 discounts fire 220047 total 215949 19 9 10 11 12 13 14 15 16 17 IS 19 20 21 22 23 34 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Salaries 5581270 and expenses 3861592 of special and general agents Salaries fees and all other charges of officers directors trustees and home office employees Rents including 320000 for companys occupancy of its own buildings Advertising 340739 printing and stationery 10 01138 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 axes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes viz State licenses 234443 municipal taxes 494158 municipal licen ces 477962 IT S corporation tax 209672 total Other disbursements viz Expense on securities 18044 exchange 305281 heating lighting and cleaning Office water towels and ice 273400 auditing 28929 interest paid reinsurance companies on reserve fund 605711 paid reinsurance companies under treaty 619281 newspaper subscriptions 15771 mercantile agencies 156500 surety bonds 76570 gifts and donations 34575 entertaining agents 39i845 meals 65050 funeral expenses 7250 mer chants and manufacturers association 2500 total Paid stockholders for interest or dividends amount de clared during the year 42300000 Agents balances charged off 1022472 59 34312 62 624056 53 94428 62 94279 18 5895 00 19418 77 19086 36 3248 32 1655 23 8991 44 2970 G9 17923 13 13243 05 729 85 1266 50 55384 32 20228 60 14162 35 2348707 422554 80 928 98 39 40 ComptrollerGenerals Report 229 Gross decrease by adjustment in book value of ledger assets viz Bonds 8276 83 Total disbursements 2509000 83 7 8 9 12 13 16 17 is 19 22 28 32 38 IVLedger Assets Booh value of real estate Mortgage loans on real estate first liens Loans secured by pledge of bonds stocks or other col lateral Book value of bonds 243935208 and stocks 46 35000 total ash in companys office Deposits in trust companies and banks on interest Agents balances representing business written subse quent to October 1 1911 Agents balances representing business written prior to October 1 1911 Other ledger assets viz Deposit Milwaukee Board of Fire Underwriters Due from reinsurance company 5440ii 00 1796200 00 4000 00 2185712 08 24986 72 102324 43 310642 01 3977 82 100 00 489 60 Total ledger assets 4482832 66 Non Ledger Assets Interest due and accrued on mortgages 26112 54 Interest due and accrued on bonds 14691 72 Interest due and accrued on collateral loans 65 5ii Xota I 40869 76 Cross assets 4523702 42 Deduct Assets Not Admitted Agents balances representing business written prior to October 1 19111 3977 82 Total Total admitted assets 3977 82 451972 1 60 VLiabilities Gross losses adjusted and unpaid aol due 58778 42 230 Comptroller Generals Eeport Gross claims for losses in process of ad justment or in suspense including all reported and supposed losses 144972 20 Gross claims for losses resisted 19123 20 Total Deduct reinsurance due or accrued 222873 82 40062 56 Net amount of unpaid losses and claims Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest pre miums on perpetual fire risks 1167 95989 unearned premiums fifty per cent Gross premiums less reinsurance received and receivable upon all unexpired fire risks running move than one year from date of policy 347720959 unearned premiums pro rata 182811 26 58397 95 1790287 00 12 IS 20 Total unearned premiums as computed above Cash dividends remaining unpaid to stockholders Reserved for State county and municipal taxes due 21 25 26 27 28 29 30 31 accrued 7000000 and reserved for other contin gencies 3000000 total All other liabilities viz Reserved for dividends Due Munich Reinsurance Company Trust fund of Munich Reinsurance Company Total amount of all liabilities except capital Capital actually paid up in cash 1000000 00 Surplus over all liabilities 659676 7g Surplus as regards policyholders 2374266 95 445 20 100000 00 30000 00 14140 74 158383 67 2860047 82 32 Total liabilitie VIRisks and Premiums 1659676 78 4519724 60 i t ji Fire Risks Premiums Thprpnn force on the 31st day of December 411909003 00 2 Written or renewed during the year 297239657 00 4569102 70 3128902 89 al 709148660 00 4 Deduct those expired and marked off as terminated 221926871 00 7698005 59 2422785 93ComptrollerGenerals Eeport 231 5 In force at the end of the year487221789 00 527519 6G 6 Deduct amount reinsured 51359105 00 030050 18 7 Net amount in force 435862684 00 4645169 48 Business in the State of Georgia During the Year Net fire risks written 1610815 00 Net premiums received 27570 60 Net losses paid 15054 13 Net losses incurred 20813 21 NATIONAL HOME FIRE INSURANCE COMPANY OF POLK COUNTY GEORGIA Wan J Harris President G M Ramspeck Secretary Branch Office 728 Candler Bldg Atlanta Ga Attorney for Service in Georgia C G Janes Cedartown Ga ICapital J Whole amount of capital stock 100000 00 2 Amount paid up in cash 100000 00 IIAssets 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 136000 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 670684 0706 84 4 Value of lands mortgaged exclusive of buildings and perishable improve ments 275000 00 0 Total value of said mortgaged premises carried inside 275000 00 13 Cash belonging to the company deposited in banks Farmers Traders Bank Atlanta Ga 12500 00 Fanners Mechanics Bank Cedartown 33919 36 Farmers Mechanics Bank Cedartown 818 26 Farmers Traders Bank Atlanta Ga 65 67 Various small banks in Georgia 18 00 Total 4732129 16 Interest due and accrued on bank certificates of deposit 409 75 17 Cash in hands of agents and in course of transmission 4830 60 18 Bill receivable not matured taken for fire marine and Inland risks 1828 31 Total assets of the company actual cash market value 197102 79232 ComptrollerGenerals Report IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 2 088 30 5 Deduct reinsurance thereon S7 go 6 Net amount of unpaid losses 1 900 80 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 2307212 un earned premiums fifty per cent 1536 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 7361127 unearned premiums pro rata 46 340 65 11 Total unearned premiums as computed above carried out 57 876 71 19 All other demands against the company absolute and con tmgent due and to become due admitted and con tested viz due reinsurance company 16 742 51 Total 7 0 T 76520 02 21 Joint stock Caprtal actually paid up in cash 100000 00 46 Surplus beyond capital and all other liabilities 20582 77 24 Aggregate amount of all liabilities including capital paid up and net surplus 197102 9 IVIncome During The Year 7 Premiums written during the year 131 962 70 8 Deduct reinsurance and return premiums 4so20 98 9 Net cash actually received for premiums carried out 89 941 72 33 Received for calls on capital 10000000 for surplus 500000 150000 00 L5 Aggregate amount of income actually received during the year in cash 23994172 VExpenditures During The Year 1 Gross amount actually paid for losses 19222 28 2 Deduct all amounts actually received for salvages and all amounts actually received for reinsurance in other com nlilR S01 91 ComptrollebGeneeals Eepoet 233 Net amount paid during the year for losses 18420 37 Adjusting expenses 323 91 18744 28 6 Paid for commissions or brokerage 36118 19 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 7605 68 8 Paid for state national and local taxes in this and other states 435 55 9 All other payments and expenditures viz rents 31216 printing and supplies 180428 postage etc 31525 miscellaneous etc 1362 64 3794 33 Aggregate amount of actual expenditures during the year in cash 66698 03 VIMiscellaneous Excess of full premiums over reinsurance premiums 28856 08 2 Written or renewed during 1911 7510684 00 131962 70 3 Total 7510684 00 160818 78 4 Deduct those expired and marked off as terminated in 1911 3087352 00 59771 60 5 In force at end of year 1911 4423332 00 101047 18 6 Deduct the amount reinsured in other companies 190386 00 4368 77 7 Net amount in force 4232946 00 96683 41 8 Greatest amount insured in any one risk 29000 00 Business in the State of Georgia During the Year Premiums received gross 13831 26 Losses paid 1434 96 Losses incurred 1809 96 NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN James Nichols President B R Stillman Secretary Principal Office 95 Pearl Street Hartford Connecticut Attorney for Service in Georgia W R Kimbell ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 1000000 00 234 ComptrollerGenerals Report IIAssets 1 Market value of real estate owned by the company less incumbrances thereon 647690 69 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 1 825 075 00 3 Interest duo on all said bond and mortgage loans 98050 interest accrued thereon 3562700 36607 50 4 Value of lands mortgaged exclusive of buildings and perishable improvements 3175528 00 5 Value of buildings mortgaged insured for 1551080 as collateral 2857535 00 6 Total value of said mortgaged premises carried inside 6033063 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market n 716 7286567 18 Li Lash in Companys principal office 1094 43 13 Cash belonging to the company deposited in banks Charter Oak National Bank State Bank Aetna National Bank Bank of Commerce Alberquerque 671598 06 ftal 672692 40 14 Amount of premium Notes upon which policies have been issed 151882 13 15 Interest due and accrued on bonds not included in market vale uncollected 87356 67 17 Cash in hands of agents and in course of transmission 1129868 61 Total assets of the company actual cash market value 11837740 27 IIILiabilities 1 Losses due and unpaid 124 027 97 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 653023 69 3 Losses resisted including interest costs and other expenses thereon 47 642 78 4 Total gross amount of claims for losses 824694 44 5 Deduct reinsurance thereon 280 093 78 6 Net amount of unpaid losses 544 600 fi 7 Cross premiums without any deduction received and receivable upon all nnex pired fire risks running one year or less from date of policy 402154015 un earned premiums fifty per cent 2010670 08CompteolleeGenebals Eepoet 235 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 998063196 unearned premiums pro rata 5202193 47 11 Total unearned as computed above carried out 7 212 863 55 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz reserve for taxes 150 000 00 Special reserve for all contingent liabilities 300 000 00 Total 8207464 21 21 Joint stock capital actually paid up in cash 1000 000 00 23 Surplus beyond capital and all other liabilities 2630276 0G 24 Aggregate amount of all liabilities including capital paid up and not surplus 11837740 27 IVIncome During the Year 4 Gross premiums on risks written and renewed during the year 11951055 25 8 Deduct reinsurance and return premiums 4036838 87 1 1 12 9 Net cash actually received for premiums carried out 10 Received for interest on bonds and mortgages Eeceived 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 3277644 profit on bonds and stocks 2126500 agents balances 41861 15 Aggregate amount of income actually received during the year in cash 7914216 38 82004 28 353828 38 54460 05 8404509 09 VExpenditures During the Year Gross amount paid for losses including 46578951 losses occurring in previous years 5109085 90 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 3484369 and all amounts actually received for reinsurance in other companies 129930315 total deductions 1334146 84 Net amount paid during the year for losses 3774939 06 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 200000 00236 ComptrollerGenerals Report 6 Paid for commissions or brokerage 1491713 79 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 711852 07 8 Paid for state national and local taxes in this and other states 290427 37 9 All other payments and expenditures viz advertising 2081054 printing and stationery 4866041 profits and loss 627227 other expenses 80197060 883713 82 Aggregate amount of actual Expenditures during the year in cash 7352646 11 VIMiscellaneous Fire Risks Premiums Thereon 1 In force on the 31st day of December 1910 1308942592 00 14719994 60 2 Written or renewed during the year 1240139341 00 11951055 25 3 Excess of original premiums over amount received for reinsurance 1274577 28 4 Total 2549081933 00 27945627 13 5 Deduct those expiredand marked off as terminated 970707686 00 10759334 95 6 In force at the end of the year1578314247 00 17186292 18 7 Deduct amount reinsured 299526780 3184320 07 8 Net amount in force 1278787467 00 14001972 11 Business in the State of Georgia During the Year Fire risks written 6205684 00 Premiums received gross 56597 65 Losses paid 28047 85 Losses incurred 26605 68 NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURG PA E E Cole President B D Cole Secretary Principal Office Sixth Avenue and Smithfield Street Pittsburg Pa Chancellor A Thornton Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 1000000 006 9 11 12 13 15 16 17 18 1 ComptrollerGenerals Report 237 11Assets Market value of real estate owned by the company less the amount of incumbranees thereon 4501 76 Loans on bond and mortgage duly recorded and being first liens on the fee simple 664540 00 Interest due on all said bond and mortgage loans 7250 interest accrued thereon 1298075 total 13053 25 Value of lands mortgaged exclusive of buildings and perishable improvements 649545 00 Value of buildings mortgaged insured for 61355000 as collateral 758050 00 Total value of said mortgaged premises carried inside 1407595 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2238474 83 Amount loaned on stocks bonds and all other securities except mortgages 115000 00 Cash in companys principal offices 9311 66 Cash belonging to the company deposited in banks 302862 80 Total cash items 312174 46 interest due and accrued on stocks not included in mar ket value uncollected 27473 94 Interest due and accrued on collateral loans and un collected 1405 36 Cash in hands of agents and in course of transmission 477385 80 Bill receivable not matured taken for fire marine and inland risks 57861 48 Total assets of the company actual cash market value 3911870 88 1 11Liabilities Losses not yet due and unpaid 16729 92 Gross losses in process of adjustment or in suspense including all reported and supposed losses 172130 54 Losses resisted including interest costs and other expenses thereon 39048 28 Total gross amount of claims for losses 227908 74 Deduct reinsurance thereon 78101 19 Net amount of unpaid losses 149807 55 Gross premiums without any deduction received and receivable upon all unex238 ComptbolleeGenebals Eepoet pired fire risks running one your or less from date of policy 107973502 un earned premiums fifty per cent 539867 81 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 270455226 unearned premiums pro rata 1522944 12 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Estimated amount hereafter payable for federal State or other taxes Fund held under reinsurance treaty 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash 2i Surplus beyond capital and all other liabilities 500 00 60000 00 106655 86 1000000 00 532095 54 24 Aggregate amount of all liabilities including capital paid up and net surplus 3911870 88 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 14642 59 3 Net collected 14642 59 4 Gross premiums on risks written and re newed during the year 3705243 52 5 Total 3719886 11 6 Deduct premiums and bills in course of collection at this date 19 743 59 7 Entire premiums collected during the year 3700142 52 8 Deduct reinsurance and return premiums 1632642 69 9 Net cash actually received fur premiums carried out 2067499 83 10 Received for interest on bonds and mortgages 3691 1 61 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 91071 02CompteollebGenebals Eepokt 239 12 Income received from all other sources omitting increase if any in value of securities viz Profit on sale or maturity of ledger assets and other sources 13 Eeceived for increase capital 180672 29 100000 00 15 Aggregate amount of income actually received during the year in cash 2476163 38 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 14613389 losses occurring in previous years 1474458 97 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 839640 and all amounts actually received for reinsur ance in other companies 47652304 total deductions 484919 44 Net amount paid during the year for losses 989539 53 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 85000 00 Paid for commissions or brokerage 363260 21 Paid for salaries fees and other charges of officers clerks agents and all other employees 98087 73 Paid for State national and local taxes in this and other States 80477 66 All other payments and expenditures viz Eents furni ture maps printing advertising board dues inspec tions postage etc 279775 45 Aggregate amount of actual expenditures during the year in cash 1896140 58 VIBisks and Premiums 1 In force on the 31st day of December 346152656 00 2 Written or renewed during the year 297640983 00 3 Excess of original premiums over amount received for reinsurance 4186357 07 3705243 52 753 43 4 Total 643793639 00 7892354 02 5 Deduct those expired and marked off as terminated 238709826 00 2975059 00 6 In force at the end of the year405083813 00 7 Deduct amount reinsured 92031220 00 4917295 02 1133007 14 8 Net amount in force 313052593 00 3784287 88240 CompteolleeGenerals Bepoet Business in the State of Georgia During the Year Fire risks written 3378090 00 Premiums received gross 51098 41 Losses paid 20843 21 Losses incurred 20365 11 NEWARK FIRE INSURANCE COMPANY OF NEWARK N J Edgar J Haynes President Thomas L Farquhar Secretary Principal Office 41 Clinton Street Newark N J Attorney for service in Georgia A L Richardson ICapital 1 Whole amount of capital stock 250000 00 2 Amount paid up in cash 250000 00 IIAssets 1 Market value of real estate owned by the company less1 amount of incumbrances thereon 150000 00 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 326650 00 3 Interest due on all said bond and mortgage loans 10000 interest accrued thereon 440033 4500 33 4 Value of lands mortgaged exclusive of buildings and perishable improvements 236560 00 5 Value of buildings mortgaged insured for 41705000 as collateral 472700 00 6 Total value of said Mortgaged premises carried inside 709260 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 736140 00 12 Cash in companys principal office 69 95 13 Cash belonging to the company deposited in banks Essex County National Bank National Newark Banking Co 34424 03 Total cash items 3449 i 15 Interest due and accrued on stocks not included in market value uncollected 8153 28 17 Cash in hands of agents and in course of transmission 106419 57 Due from other companies for reinsurance on losses already paid North British and Mere of England 563 Russian Reinsurance Co 68982 Connecticut Fire 712 Western of Canada 62 703 19ComptrollerGenerals Beport 241 lommissions due on outstanding reinsurance Deposited with Philadelphia Fire Underwriters Associa tion 3495 94 10000 Total assets of the company actual cash market value 1370656 29 IIILiabilities 1 Losses 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 5830 95 53731 05 9500 00 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 33226566 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 45758808 unearned premiums pro rata 69062 00 11688 00 166132 83 256001 55 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 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz estimated amount hereafter payable for federal state and other taxes based on business as per statement Reinsurance premium 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 57374 00 422133 38 8319 75 1500 00 15000 00 12384 86 250000 00 603944 30 24 Aggregate amount of all liabilities including capital paid 8 i 1370656 29 up and net surplus IVIncome During The Year 1 Gross premiums and bills in course of col lection at close of last previous year 52463 23 3 Net collected 52463 23242 Comptroller General s Eeport 4 Gross premiums on risks written and renewed during the year 5 Total I 0 Deduct premiums and bills in course of collection at this date 680496 26 732969 49 106419 57 7 Entire premiums collected during the year 626539 92 8 Deduct reinsurance and return premiums 145816 26 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 3084 99 Milwaukee Underwriters Building Companys stocks previously charged off 1440 Philadelphia Fire Under writers Association deposit previously charged off 100 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Gross amount paid for losses including occurring in previous 2746292 losses years Deduct all amounts actually received for salvages whether on losses of the last or of previous year 171321 and all amounts actually received for reinsur ance in other companies 1389350 discount 43088 215873 88 deductions 16037 59 Net amount paid during the year for losses 4 Cash dividends actually paid stockholders amountof stockholders dividends declared during the year 6 Paid for commissioners or brokerage 7 Paid for salaries fees and other chargesofofficerscierkV agents and all other employees 8 Paid for state national and local taxesinthisandothcr states 9 AH other payments and expenditures viz expensesofad justment of losses 378997 rents 1058986 adver tising 234715 printing and stationery 10 27122 postage telegrams telephone and express 4074 25 legal expenses 00169 furniture and fixtures 4 431 22 maps and corrections 762759 repairs and expenses on real estate 127118 miscellaneous expenses 1307 83 480723 66 14499 26 28642 79 3199 39 527065 10 199836 29 34470 50 113374 18 57644 49 23307 46 46372 51CoMPTROLLERGeNERAIjS BEPORT 243 Agents balances charged off 104392 gross loss on sale of stocks 1046 32 Aggregate amount of actual Expenditures during the year in cash 476057 75 VIMiscellaneous Fire Eisks Premiums Thereon 1 In force on the 31st day of December 1910 72379987 00 688713 04 2 Written or renewed during the year 67531135 00 680496 26 3 Excess of original premiums over amount received for reinsurance 409 80 4 Total 139911122 00 1369619 10 5 Deduct those expired and marked off as terminated 49071088 00 487143 99 6 In force at the end of the year 90840034 00 882475 11 7 Deduct amount reinsured 9427678 00 92621 37 8 Net amount in force 81412356 00 789853 74 NEW BRUNSWICK FIRE INSURANCE CO NEW BRUNSWICK N J George A Viehmann President Chas D Ross Secretary Principal Office 40 Paterson Street New Brunswick N J Attorney for Service in Georgia Robert N Hughs 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 tho amount of incumbrances thereon 132 362 00 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 160739 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 124261 1242 61 4 Value of lands mortgaged exclusive of buildings and perishable improvements 162450 00 5 Value of buildings mortgaged insured for 183000 as collateral 207500 00 6 Total value of said motagaged promises carried inside 369950 00244 ComptrollerGenerals Beport 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 346849 00 12 Cash in companys principal office 3311 95 13 Cash belonging to the company deposited in banks National Bank of N J 15 54966 New Brunswick Trust Co 156803 Peoples National Bank 132373 1844142 Total cash items 21753 37 17 Cash in hands of agents and in course of transmission 70465 40 All other assets both real and personal viz rents due and accrued 28650 Deposited with Philadelphia Underwriters 100 00 Accrued interest on bonds 1662 31 Total assets of the company actual cash market value 735460 19 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 30623 00 4 Total gross amount of claims for losses 30623 00 5 Deduct reinsurance thereon 1890 04 6 Net amount of unpaid losses 7 Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 32926860 un earned premiums fifty per cent 164634 30 8 Gross premiums without and deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 40520345 unearned premiums pro rata 214196 54 28732 96 11 Total unearned premiums as computed above carried out 378830 84 16 Cash dividends to stockholders remaining unpaid 42 97 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested j estimated amount payable for federal st ate and other taxes 5 000 00 Total 412606 77CompteollebGenerals Eepoet 245 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 71832 77 200000 00 122853 42 735460 19 3 Net collected 71832 77 4 Gross premiums on risks written and renewed during the year 709415 91 5 Total 781248 68 6 Deduct premiums and bills in course of col lection at this date 70694 84 7 Entire premiums collected during the year 710553 84 8 Deduct reinsurance and return premiums 229280 15 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 1368250 481273 69 7765 11 14751 69 13937 34 15 Aggregate amount of income actually received during the year in cash 317727 83 VExpenditures During the Year 259946 70 1 Gross amount paid for losses including 2663603 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 198128 and all amounts actually received for reinsur ance in other companies 2397705 total deductions discount 35682 26315 15 Net amount paid during the year for lossesi 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 233631 55 22014 13 110946 78 84147 68246 ComptrollerGenerals Report S Paid for state national and local taxes in this md other states 17197 74 9 All other payments and expenditures 6392 45 Total 475130 33 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 58753979 00 758598 93 2 Written or renewed during 1911 54984022 00 712908 30 3 Total 113738001 00 1471507 23 4 Deduct those expired and marked off as terminated in 1911 50126508 00 636648 38 5 In force at end of year 191 63611493 00 834858 85 6 Deduct the amount reinsured in other companies 7129033 00 100386 80 7 Net amount in force 56482460 00 734472 05 8 Greatest amount insured in any one risk 20000 00 Business in the State of Georgia During the Year Fire risks written 1289490 00 Premiums received gross 24338 17 Losses paid 12987 25 Losses incurred 12372 57 NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESTER N H Frank W Sargeant President Lewis W Crockett Secretary Principal Office 876 Elm Street Manchester N II Garleton Y Smith Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1200000 00 2 Amount paid up in cash 1200000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 96950 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 145200 00CompteolleeGenebals Eepobt 247 3 Interest due and accrued on all said bond and mortgage loans 1847 42 4 Value of lands mortgaged exclusive of buildings and perishable improvements 154050 00 5 Value of buildings mortgaged insured for 14750000 as collateral 200000 00 6 Total value of said mortgaged premises carried inside 354050 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4815920 41 12 Cash in companys principal office 965 77 13 Cash belonging to the company deposited in banks viz Merchants National Bank 23369272 Manchester National Bank 5000000 Amoskeag National Bank 1500000 total 298692 72 Total cash items 299658 49 15 Interest due and accrued on stocks not included in mar ket value uncollected 43506 88 17 Cash in hands of agents and in course of transmission 322726 14 Total assets of the company actual cash market value 5725809 34 IIILiabilities 1 Losses unpaid 63031 94 2 Grosslosses in process of adjustment or in suspense including all reported and supposed losses 155062 80 3 Losses resisted including interest costs and other expenses thereon 10084 00 4 Total gross amount of claims for losses 228178 74 5 Deduct reinsurance thereon 51844 59 6 Net amount of unpaid losses 176334 15 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 136087986 un earned premiums fifty per cent 680439 S3 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one248 ComptrollerGenerals Report year from date of policy 264502832 unearned premiums pro rata 410166 73 11 Total unearned premiums as computed above carried out 2090606 66 14 Amount of dividends declared but not yet due to stock holders 60000 00 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 20000 00 18 Unpaid return and reinsurance premiums 79363 72 Taxes accrued but not due 70000 00 19 All other demands against the company absolute and contingent due and to become due admitted and con tested 375000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 2871304 53 21 Joint stock capital actually paid up in cash 1200000 00 23 Surplus beyond capital and all other liabilities 1654504 81 24 Aggregate amount of all liabilities including capital paid up and net surplus 5725809 34 TVIncome During the Year 7 Entire premiums written during the year 2918321 59 8 Deduct reinsurance and return premiums 666123 28 9 Net cash for premiums carried out written 2252198 31 10 Received for interest on bonds and mortgages 7364 68 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 223151 77 12 Incpme received from all other sources omitting increase if any in value of securities viz Rents 1203794 profit on sale of securities and profit and loss items 521062 total 17248 56 15 Aggregate amount of income actually received during the year in cash 2499963 32 VExpenditures During the Year J Gross amount actually paid for losses in cluding 26088750 losses occurring in previous years 59604 I OS 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 844085 and all amounts actually received for reinsur ance in other companies 30630415 discounts 166338 total deductions 316408 38ComptrollerGenerals Eeport 249 Net amount paid during the year for losses 1279632 67 Adjusting and legal expenses on losses 12951 08 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 120000 00 6 Paid for commissions or brokerage 489404 88 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 129912 91 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Miscella neous expenses printing advertising board associa tions repairs postage allowances etc 90757 96 162060 27 Aggregate amount of actual expenditures during the year in cash 2284719 77 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force December 31 1910370311216 00 4136045 87 2 Written or renewed in 1911 267240797 00 2918321 59 3 Totals637552013 00 4 Deduct expirations and cancellations 233110659 00 7054367 46 2622943 01 5 In force December 31 1911404441354 00 4431424 45 6 I educt amount reinsured 41100772 00 425516 27 7 Net amount in force 363340582 00 4005908 18 Business in the State of Georgia During the Year Fire risks written 3425533 00 Premiums received gross Losses paid Losses incurred 41673 68 31377 71 34068 48 NIAGARA FIRE INSURANCE COMPANY OF NEW YORK N Y Harold derrick President Geo W Dewey Secretary Principal Office 25 Liberty Street Mew York N Y Attorney for Service in Georgia T Hall Miller ICapital 1 Whole amount of capital sf ock 1000000 00 2 Amount paid up in cash 1000000 00250 OomptrollebGteneeals Repoet IIAssets 2 Loans on bonds and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bond and mortgage loans interest accrued thereon 4 Value of lands mortgaged exclusive of buildings and perishable improvements 746000 00 5 Value of buildings mortgaged insured for 470400 as collateral 470400 00 682000 00 741554 6 Total value of said mortgaged premises carried inside 1216400 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4139470 00 12 Cash in companys principal office 117631 13 Cash belonging to the company deposited in banks 1341532 21 Total cash items 1342708 52 15 Interest due and accrued on stocks and bonds not included in market value uncoiled ed 18860 82 17 Cash in hands of agents and in course of transmission 543526 78 Interest accrued on deposits in Trusl Companies 2210 59 Total assets of the company actual cash market value 0736192 25 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 287931 15 Losses resisted including interest costs and other expenses thereon 28 198 50 4 Total gross amount of claims for losses 316129 65 Deduct reinsurance thereon 63 792 01 6 Nei amount of unpaid losses 7 Cross premiums without any deduction received and receivable upon all unex pired lire risks running one year or less from date of policy 203347556 un earned premiums fifty per rent 1016737 78 8 Cross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 359543341 unearned premiums pro rata 1885 116 74 11 Total unearned premiums as computed above carried out 252337 61 2901854 52ComptbolleeGenebals Eepoet 251 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 3044 02 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz accrued taxes 5000000 commissions 1250000 62500 00 Reinsurance premiums 41256 89 Total 3260993 07 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 2475199 18 24 Aggregate amount of all liabilities including capital paid up and net surplus 6736192 25 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year 617879 59 3 Net collected 617879 59 4 Gross premiums on risks written and renewed during the year 4562784 97 5 Total 5180664 56 6 Deduct premiums and bills in course of collection at this date 671186 71 7 Entire premiums collected during the year 4509477 85 8 Deduct reinsurance and return premiums 1336085 11 9 Net cash actually received for premiums carried out 3173392 74 10 Received for interest on bonds and mortgages 33710 83 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 238576 38 Agents balances previously charged off 151884 profit on sale of securities 1401833 15537 17 15 Aggregate amount of income actually received during the year in cash 3461217 1 VExpenditures During the Year 1 Gross amount paid for losses including 27680010 losses occurring in previous years 2003487 82 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1151771 and all amounts actually received for reinsur ance in other companies 34745040 total deductions discounts 20971 359177 82252 ComptrollerGenerals Report Net amount paid during the year for losses 1644310 00 Expenses of adjustment and settlement of losses 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 9 All other payments and expenditures viz Advertising 510419 council reports 241437 exchange 370532 fire patrol 1329884 furniture 473700 incidental inspection 1937881 legal expenses 412765 local bonds 2759128 maps 1205467 office expenses 742617 rents 3874044 stationery 2943290 subm 141597 trav 2817807 hotel 2130419 postage etc 2726304 Aggregate amount of actual Expenditures during the year in cash agents balances charged off 29267 loss on sale of securities 1385637 37883 17 200000 00 612581 31 247727 70 94284 78 250612 43 14149 04 3101548 43 VIMiscellaneous Fire Risks Premiums Thereon In force on the 31st day of December 1910 603850528 00 6179542 88 2 Written or renewed during the year ism 119381358 00 4562784 97 3 Total 1023231886 00 10742327 85 4 Deduct those expired and marked nil as terminated 384402822 00 419595883 5 In force on the 31st day of December 1911 688829564 00 646869 52 6 Deduct amount reinsured 86246164 00 917460 55 7 Net amount in force 552588400 00 5628908 97 Business in the State of Georgia During tin Year Fire risks written 2522693 00 Premiums received gross 28 450 48 Losses paid 20161 07 Losses incurred 17 220 62 CompteolleeGteneeals Bepoet 253 united states branch of the north british mercantile fire insurance company of london and edinburgh great britain E G Richards U S Branch Manager H M Jackson Secretary Principal Office in United States 76 William St New York N Y Edgar Dunlap Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock home office authorized 30000000 00 2 Amount paid up in cash 8339986 25 IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 7826341 33 12 Cash in companys principal office 500 00 13 Cash belonging to the company deposited in banks viz 1 P Morgan Co 37714339 Merchants National Bank 2000000 total 397643 39 Total cash items 397643 39 15 Interest due and accrued on stocks not included in mar ket value uncollected 91321 06 17 Cash in hands of agents and in course of transmission 817135 47 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid Milwaukee End Bldg Assn 18100 Phil End Assn 10000 Asso Eire End Bait Md 10000 So Ad justment Bureau 40000 End Salvage Co N Y 100000 End Salvage Co Chicago 100000 West ern Adjustment Inspection Bureau 20000 total 2981 00 Total assets of the company actual cash market value 9135422 25 IIILiabilities 1 Losses due and unpaid 83494 58 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 418013 51 3 Losses resisted including interest costs and other expenses thereon 54748 50 4 Total gross amount of claims for losses 556256 59 5 Deduct reinsurance thereon 77019 05 6 Net amount of unpaid losses 479237 54254 ComptrollerGenerals Eeport 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 351968498 un earned premiums fifty per cent 1759842 49 S Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 57996S822 unearned premiums pro rata 3008119 48 11 Total unearned premiums as computed above carried i tt Ut 4797961 97 iJ Unused balances of bills and notes taken in advance or premiums on open marine and inland policies or other wise returnable on settlement Reserve on perpetual 10 fiSkS 5 C6nt 35852 17 Ji Ail other demands against the company absolute and contingent due and to become due admitted and con v t0i Viz 12000 00 Estimated accrued taxes 125000 20 Total amount of all liabilities except capital stock scrip f et SUTPlus 542005168 Surplus beyond capita and all other liabilities 3715370 57 24 Aggregate amount of all liabilities including capital paid up and net surplus 9135422 25 IVIncome Dining 1 he Year I Gross premiums and bills in course of collection at close of last previous year as shown by thai years statement 81245828 N eected 812458 28 I ioss premiums on risks written and re newed during the year 7773160 60 n0tVsJuTH Deduct premiums and bills in course of collection at this date si7 197 1 7 Entire premiums collected during the o n eU 774822 67 8 Deduct reinsurance and return premiums 2217468 il p r rllv receivea for premiums carried out 5530753 06 10 Received lor mtereat on bonds and mortgages 312512 96 15 Aggregate amount of income actually received during the yeariDCash 5843266 02ComptrollerGenerals Beport 255 VExpenditures During the Year 1 Gross amount actually paid for losses in eluding 41406417 losses occurring in previous years 3030256 82 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 3118199 and all amounts actually received for reinsur ance in other companies 31991988 total deductions 351101 87 Net amount paid during the year for losses 2679154 95 6 Paid for commissions or brokerage 1220121 69 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 501869 25 8 Paid for State national and local taxes in this and other States 109610 83 9 All other payments and expenditures 318753 SO 10 American branches of foreign companies will please report amount sent to home offices during the year 310334 09 Aggregate amount of actual expenditures during the year in cash 4829510 52 VIRisks and Premiums 1 In force on the 31st day of December 1010409195 9073796 34 2 Written or renewed during the year 1003773140 7770309 30 3 Excess of original premiums over amount received for reinsurance 7959 25 4 Total 2014182335 17840104 89 5 Deduct those expired and marked off as terminated 841863827 7045508 85 6 In force at the end of the year 1172318508 10594596 04 7 Deduct amount reinsured 188801905 1275222 84 8 Net amount in force 983516003 9319373 20 9 Perpetual risks not included above 1279320 Premiums on same 37739 13 Business in the State of Georgia During the Tear Fire risks written 5623 079 00 Premiums received gross 69951 88 Losses paid 40126 10 Losses incurred 41978 79256 ComptrollerGenerals Report THE NORTHERN ASSURANCE COMPANY LIMITED Manager in United States Geo W Babb New York N Y William Lowe Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 1500000 00 Statutory deposit 200000 00 2 Amount of ledger assets as per balance December 31 of previous year 5312691 42 4 Extended at 5312691 42 IIIncome 5 Gross premiums 462301028 i Deduct gross amount paid for reinsurance fire 94304598 return premiums fire 74110483 1684150 81 7 Total premiums other than perpetuals 11 Gross interest on bonds and dividends on stocks less 292141 accrued interest on bonds acquired during 1911 169026 22 12 dross interest on deposit in trust com panies and banks Companys occupancy of its own build ings 2938859 47 4032 44 8333 36 17 Total gross interest and rents 181392 02 19 Received from head office during the year 344217 62 25 Prom agents balances previously charged off 30 00 28 Total income 3464499 11 IIIDisbursements 1 Gross amount paid policyholders for losses including 29915321 occurring in previous years 2248796 32 2 Deduct amount received for salvage Are 1973295 reinsurance fire 55270327 discount fire 97148 573407 70 3 Net amount paid policyholders for losses 1675388 62 I Expenses of adjustment and settlement of losses 33168 75 5 lommissions or brokerage 455465 51 7 Salaries 6388781 and expenses 5534870 of special and general agents 119236 51ComptrollerGenerals Beport 257 8 9 10 11 12 13 14 15 16 17 18 20 21 22 23 24 25 20 27 28 Salaries fees and all other charges of officers directors trustees and home office employees Rents including 300000 for companys occupancy of its own buildings Advertising 13 111 04 printing and stationery 24408X4 Postage telegrams telephone and express 1 jcgal Expenses Furniture and fixtures Maps including corrections Underwriter 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 State taxes en premiums Insurance department licenses and fees All other licenses fees and taxes federal corporation tax 529032 county and municipal taxes 1459005 Other disbursements Books newspapers and periodicals 1313 07 Cleaning Heating and lighting 1950 50 Collection and exchange fees 3091 55 Traveling 5323 81 Miscellanes us 0059 30 29 Remitted to head office during the year 38 Agents balances charged off 39 Gross loss on sale or maturity of ledger assets viz bonds 220089 04 25302 10 37520 48 23949 90 2758 45 8950 20 11083 80 47093 42 28217 77 20199 01 1440 00 55909 51 16357 51 19880 37 41 Total disbiSemenls 18938 89 562378 31 1523 30 4055 Ml 306773 17 6 IVLedger Assets Book value of real estate Book value of bonds 415848351 and stocks 29426590 Cash in Companys offices Deposits in trust companies and banks not on interest Anglo and LondonParis National Bank San Francisco 49024 Canadian Bank of Commerce San Francisco 51023 Deposits in trust companies and banks on interest Mechanics American Nat ional Bank St Louis 98197 Mer chants Loan and Trust Co Chicago 115000 00 4452749 41 232 07 1000 47 258 ComptrollerGenerals Report 7721416 National Bank of Commerce in New York N Y 12852579 North ern Trust Co Chicago 112446 Union Trust Co New York 3002059 237866 97 8 Agents balances representing business written subsequent to Oct 1 1911 524762 19 9 Agents balances representing business written prior to Oct 1 1911 24704 58 11 Bills receivable taken for fire risks 17947 22 13 Balance of account Frankona reinsurance company 6154 45 16 Total ledger assets as per balance 5380417 36 NonLedger Assets 18 Interest due 2310500 and accrued 2696153 on bonds 25 Market value of real estate over book value 27 Other NonLedger Assets viz due from other companies for reinsurance on losses already paid First Russian In surance Co St Petersburg Russia 8 12894 Frankona Reinsurance Co Frankfort Germany 335490 Insur ance Co Salamandra St Petersburg Russia 1277592 28 Gross Commission on unpaid reinsurance premiums 50066 53 60000 00 24259 76 26498 36 30 Gross assets 5541241 95 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 24704 58 35 Bills receivable past due taken for marine inland and fire risks 17947 22 38 Book value of ledger assets over market value viz 195584 41 40 Total 238236 21 41 Total admitted assets 5303005 74 VLiabilities 1 Gross losses adjusted and unpaid not yet due 4286567 42S65 67 2 Gross claims for losses in process of ad justment or in suspense plus 50 69800 reserved for losses incurred prior to Dec 31 of which no notice had been received on that date 309468 15ComptrollerGenerals Eepoet 3 Gross claims for losses resisted 86076 33 259 4 Total 5 Deduct reinsurance due or accrued 438410 15 106183 95 6 Net amount of unpaid losses and Claimsij 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest prem iums on perpetual fire risks 19101 50204 unearned premiums fifty per cent 955251 02 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of Policy 341342666 unearned premiums pro rata 1806664 33 332226 20 11Total unearned premiums as computed above 2761915 35 18 Salaries rents expenses bills accounts fees etc due or accrued j 33589 71 19 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 76811 35 21 Return premiums reinsurance premiums 8867686 88676 86 26 Total amount of all liabilities except capital 3293219 47 27 Statutory deposit 28 Surplus over all liabilities 20000000 1809786 27 29 Surplus as regards policyholders 2009786 27 30 Total Liabilities 5303005 74 VIRisks And Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1910578521218 00 6187599 49 2 Written or renewed during the year 435264305 00 4623010 28 4 Total 1013785523 10810609 77 5 Deduct those expired and marked off as terminated 410197803 00 4409302 03 6 In force at the end of the year 603587720 00 6401307 74 7 Deduct amount reinsured 100670089 00 1077379 04 8 Net amonllt in force 502917631 00 5323928 70260 ComptrollerGenerals Report Business in the State of Georgia During the Year Risks written 4114197 00 Premiums received 53067 65 Losses paid 17573 27 Losses incurred 39713 72 NORTH RIVER FIRE INSURANCE COMPANY OF NEW YORK N Y Wm B Hutchins President Frederick H Cruiu Secretary Principal Office 93 95 and 97 William Street New York N Y Attorney for Service in Georgia J L Reley TCapital 1 Whole amount of capital stock 350000 00 2 Amount paid up in cash 350000 00 IIAssets 2 Loans on bonds and mortgage duly recorded and lieing first liens on the fee simple 785100 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 10983 14 4 Value of lands mortgaged exclusive of buildings and perishable improvements 615000 00 5 Value of buildings mortgaged 862000 00 6 Total value of said mortgaged premises carried inside 1477000 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1014932 50 11 Total par and market value and amount loaned thereon 26690 00 Total 184441 60 Interesl accrued bonds nol included in market value 3916 64 1j Interest accrued on collateral loans 358 18 Agents balances on written business subsequenl to Oct 1 365383 23 Total assets of the company actual cash market value 2389805 24 IIILiabilities 1 Losses not yet due and adjusted 36876 83 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 179653 60 ComptrollerGenerals Eeport 261 3 Losses resisted including interest costs and other expenses thereon 28402 57 4 Total gross amount of claims for losses 244933 00 5 Deduct reinsurance thereon 95864 15 6 Net amount of unpaid losses 149068 85 7 Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 123461683 un earned premiums fifty per cent 617308 42 8 Gross premiums without and deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 137599158 unearned premiums pro rata 733903 21 11 Total unearned premiums as computed above carried out 1351211 63 15 Dividends declared and remaining unpaid or uncalled for 2437 75 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses and taxes 27000 00 Total 1529718 23 21 Joint stock capital actually paid up in cash 350000 00 23 Surplus beyond capital and all other liabilities 510087 01 24 Aggregate amount of all liabilities including capital paid up and net surplus 2389805 24 IVIncome During the Tear 7 Entire premiums collected during the year 3289104 30 8 Deduct reinsurance and return premiums 1500985 79 9 Net cash actually received for premiums carried out 1788118 51 10 Eeceived for interest on bonds and mortgages 47285 96 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 47285 96 12 Income received from all other sources omitting increase if any in value of securities viz profit from sale of securities 6699 50 15 Aggregate amount of income actually received during the year in cash 1875280 13 VExpenditures During the Year 1 Gross amount paid for losses including 25509855 losses occurring in previous years 1489904 22262 ComptrollerGenerals Report 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 802052 and all amounts actually received for reinsur ance in other companies 53766796 total deductions discount 193425 547622 73 Net amount paid during the year for losses 942281 49 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 36900 00 6 Paid for commissions or brokerage 435071 11 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 198699 69 8 Paid for state national and local taxes in this and other states 59800 57 9 All other payments and exepnditures viz adjusting losses 2952089 rent 1500000 advertising printing stationery 1211194 postage and telephone etc 4 00813 legal 235695 maps 481980 underwriter boards 851406 surveys 1092529 miscellaneous 370221 loss on security sales 1212548 decrease on book value stock 350000 106584 61 Aggregate amount of actual Expenditures during the year in cash 1779337 47 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1910 314752170 00 3377240 27 2 Written or renewed during 1911 306394726 00 3313158 70 3 Total 621146896 00 6690398 97 4 Deduct those expired and marked off as terminated 272880872 00 2955621 45 5 In force at end of year105632534 00 1124169 11 6 Deduct the amount reinsured in other companies 105632534 00 1124169 11 7 Net amount in force 242633490 00 2610608 41 Business in the State of Georgia During the Year Fire marine and inland risks written 2063398 00 Premiums received gross 37160 83 Losses paid 16718 61 Losses incurred 14587 61 ComptrollerGeneral s Eepoet 263 UNITED STATES BRANCH OF THE NORWICH UNION FIRE INSURANCE SOCIETY LIMITED OF GREAT BRITAIN United States Resident Managers Montgomery Hare Manager William Hare Assistant Manager Home Office in the United States 59 John Street New York N Y ICapital Stock Amount of ledger assets as per balance December 31 of previous year 2654695 21 Extended at 2654695 21 IIIncome Gross premiums 2578416 23 Deduct gross amount paid for reinsurance fire 49511694 return premiums fire 31927729 total 814394 23 7 9 11 12 14 15 17 18 7 Total premiums other than perpetual 1764022 00 Gross interest on mortgage loans Gross interest on bonds and dividends on stocks less 27578 accrued interest on bonds acquired during 1911 Gross interest on deposits in trust com panies and banks Dividend on stock of Underwriters Sal vage Co of N Y On agents overdue balance 985 95 36397 22 2586 54 100 00 1 86 Total gross interest and rents From other sources viz Received from home office 90071 57 40000 00 28 Total income 1894098 IIIDisbursements 1 Gross amount paid policyholders for losses including 14958251 occurring in pre vious years 1291581 81 2 Deduct amount received for salvage fire 882314 reinsurance fire 30255080 total 311373 94 Net amount paid policyholders for losses Expenses of adjustment and settlement of losses Commissions or brokerage Allowances to local agencies for miscellaneous agency expenses 980210 87 17375 57 323757 79 700 91264 ComptrollerGenerals Report 7 Salaries 5332162 and expenses 4067439 of special and general agents 93996 01 8 Salaries fees and all other charges of officers directors trustees and home office employees 128517 41 9 Rents including companys occupancy of its own build ings 15428 99 10 Advertising 386559 printing and stationery 13 17287 total 17038 46 11 Postage telegrams telephone and express 15627 53 12 Legal expenses 1884 45 13 Furniture and fixtures 908 04 14 Maps including corrections 5157 61 15 Underwriters boards and tariff associations 24883 61 16 Fire department fire patrol and salvage corps assess ments fees taxes and expenses 18649 44 17 Inspections and surveys 6523 23 20 State taxes on premiums 35714 36 21 Insurance department licenses and fees 14977 56 22 All other licenses fees and taxes viz Federal corpora tion tax 186978 city and county licenses 596590 city and county taxes 201650 tax on deposit Vir ginia 1650 total 9808 68 23 Other disbursements viz Subscriptions to directories insurance and other publications 120322 water ice towel supply and petty office supplies 73879 credit reports 125000 auditors fees 108000 rent for safe deposit vaults and premiums on bonds 62124 other miscellaneous office disbursements 393144 re mitted to home office 11925834 total 128083 03 38 Agents balances charged off 293 91 41 Total disbursements 1839597 46 IVLedger Assets 4 Booh value of bonds 164156266 and stocks 437 75576 total 2079318 42 5 Cash in companys office 41 77 6 Deposits in trust companies and banks not on interest 10964 86 7 Deposits in trust companies and banks on interest 301602 37 Total cash items 318609 00 8 Agents balances representing business written subse quent to October 1 1911 303669 13 9 Agents balances representing business written prior to October 1 1911 7034 39ComptrollerGenerals Repoet 265 12 Other ledger assets viz Manhattan Insurance Co N Y 15603 balances in hands of special agents 40966 total 565 69 16 Total ledger assets 2709196 63 NonLedger Assets 18 Interest due 1171500 and accrued 9 50958 on bonds total 21224 58 24 Total 21224 58 26 Market value not including interest in item 18 of bonds and stocks over book value 7133 58 27 Other nonledger assets viz Reinsurance due but un collected on losses paid Franklin Pa 273062 German American N Y 273062 Munich Bavaria 139793 Jakor Russia 500 Salamandra Russia 500 North British Mercantile Eng 44172 Hartford Ct 14815 Svea of Sweden 250 Standard N T 72427 Northern Eng 22131 Union of France 1664 Western Pa 908 Sovereign of Canada 454 Capital N H 605 Williamsburg City N Y 19737 U S Fire of N Y 036 Empire City N Y 437 London Lane Eng 15251 Globe Rutgers N Y 71181 Humboldt Pa 71181 National Ben Franklin Pa 71181 German of Pa 47454 Home N Y 3000 New Hampshire of N H 3000 Michigan Commercial Mich 072 Scott Union National Scot 054 Sun of La 2458 Caledonian Scot 197 London Assce Eng 800 North River N Y 227 total 11506 09 30 Gross assets 2749060 88 Deduct Assets Not Admitted 34 Agents balances representing business written prior to October 1 1911 7034 39 38 Book value of ledger assets over market value viz Manhattan Insurance Co 15603 balances in bands of special agents 40966 total 565 69 Total 7600 08 41 Total admitted assets 2741460 80 VLiabilities 1 Gross losses adjusted and unpaid duo 59147 45266 ComptrollerGenerals Report 2 Gross claims for losses in process of ad justment or in suspense plus 2348525 reserved for losses incurred prior to December 31 of which no notice had been received on that date 114345 90 3 Gross claims for losses resisted 14462 75 4 Total 187956 10 5 Deduct reinsurance duo or accrued 49173 06 6 Net amount of unpaid losses and claims 138783 04 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 115828589 unearned premiums fifty per cent 579142 94 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 195430964 unearned premiums pro rata 1015629 33 11 Total unearned premiums as computed above 1594772 27 18 Salaries rents expenses bills accounts fees etc due or accrued 2364 41 19 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 35979 85 20 Commissions brokerage and other charges duo or to be come due to agents and brokers 21482 49 21 Return premiums 352222 reinsurance premiums 33 98389 total 37506 11 26 Total amount of all liabilities except capital 1830888 17 28 Surplus over all liabilities 910572 63 29 Surplus as regards policyholders 910572 63 30 Total liabilities 2741460 80 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 357888783 00 3682167 78 2 Written or renewed during the year 253082506 00 2578416 23 3 Excess of original premiums over amount received for reinsurance 1078 33 4 Total 610971289 00 6261662 34 CompteollebGteneeals Eepoet 267 5 Deduct those expired and marked off as terminated 243036894 00 2448009 20 6 In force at the end of the year367934395 00 3813653 14 7 Deduct amount reinsured 69082769 00 701057 61 8 Net amount in force 298851626 00 3112595 53 Business in the State of Georgia During the Year Fire risks written 2291583 00 Premiums received gross 26 427 60 Losses paid 11013 60 Losses incurred 11 267 33 ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONNECTICUT Archibald G Mcllwaine Jr President Henry W Gray Jr Secretary Principal Office 2022 Trinity Street Hartford Conn Attorney for Service in Georgia Robert A Hancock ICapital 1 Whole amount of capital stock 200000000 2 Amount paid up in cash 500000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 167686 38 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2537717 50 12 Cash in companys principal office 66 12 13 Cash belonging to the company deposited in bank 311939 47 Total 312005 59 Total cash items 3017409 47 15 Interest due and accrued on stocks not included in market value uneollected 32992 89 17 Cash in hands of agents and in course of transmission 36941308 gross less 8189919 commission thereon 287513 89 All other assets both real and personal viz due from other companies for reinsurance on losses already paid 510195 balances due from other companies 3126 5132 21 Total assets of the company actual cash market value 3343049 46268 1omptrollerGenerals Eeport II fLiabilities 1 Losses due and unpaid 21209 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 130846 74 3 Losses resisted including interest costs and other expenses thereon 14520 72 4 Total gross amount of claims for losses 106636 46 5 Deduct reinsurance thereon 47646 38 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy unearned premiums fifty per cent 449199 88 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy unearned premiums pro rata 932523 59 9 Gross premiums without deduction includ ing both cash and bills received and receivable upon all unexpired inland navigation and marine risks 21422 14 11Total 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 balances due other companies 25690 un paid return premiums 71257 unpaid reinsurance 957978 less commission 765550 1192428 taxes unpaid 3334983 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually paid up in cash TT 23 SUrplus beyond capital and all other liabilities 2D 118990 OS 1403145 61 2310 73 46243 58 1570690 00 500000 00 1272359 46 24 Aggregate amount of all liabilities including capital paid up and net surplus 3343049 46 IVIncome During the Year Fire Risks Marine and Inland 1 Gross premiums and bills in course of colled ion ComptbollebGtenebals Repoet 269 at close of last previous year 320134 48 3 Net collected 320134 48 4 Gross premiums on risks written and renewed dur ing the year 2199502 21 64757 00 5 Total 2519636 69 64757 00 6 Deduct premiums and bills in course of collection at this date 363554 82 11681 65 7 Entire premiums collected during the year2156081 87 53075 35 8 Deduct reinsurance and re turn premiums 779656 76 18691 69 9 Net cash actually received for premiums carried out 1376425 111 34383 66 1410808 77 11 Received for interest and dividends on stocks and bonds 115675 72 12 Income received from all other sources omitting increase 12500 00 1 15 Aggregate amount of income actually received during the 1538984 49 VExpenditures During the Year Fire Risks Marino and Inland 1 Gross amount actually paid for losses including 9807792 losses occurring in previous years 1040337 29 12346 82 2 Deduct all amounts actually I received for salvages whether on losses of the last or of the previous J year marine 159700 fire 2075215 and all amounts actually received for reinsurance in other companies marine 23000 fire 31674240 total deductions 337494 55 1827 00 270 ComptbollebCtenebals Repoet Net Umount paid during the year for losses 702842 74 10519 82 Expenses of adjustment 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 918516 real estate expenses 715652 advertising 433180 printing and stationery 1514855 legal expenses 43536 traveling 2157334 boards 2049083 mis cellaneous 3036321 713362 56 29878 70 291118 87 89033 41 68838 46 108684 77 Aggregate amount of actual expenditures during the year in cash 1300916 71 VIRisks And Premiums Fire Bisks Premiums Thereon In force on the 31st day of December 1910 277498482 00 2989698 17 2 Written or renewed during the year 209527208 00 2199502 21 3 Excess of original premiums over amount received for reinsurance 5273 65 4 Total 487025690 00 5194474 03 5 Deduct those expired and marked off as terminated 186920046 00 2023984 99 6 In force at the end of the year300105644 00 3170489 04 7 Deduct amount reinsured 46800266 00 534572 30 8 Net amount in force 253305378 00 2635916 74 Business in the State of Georgia Dining the Year Fire marine and inland risks written 2818811 00 Premiums received gross 31835 65 Losses paid 14243 76 Losses incurred 13049 76ComptrollerGenerals Eeport 271 palatine insurance company ltd of london england A H Wray Manager Principal Office in the US Cor Pine and William Sts New York N S John A Whitner Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 500000 0C 2 Amount paid up in cash 500000 00 ITAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2861220 00 13 Cash belonging to the company deposited in banks viz Guaranty Trust Co of N Y 3534418 American Exchange National Bank of N Y 8675489 Anglo London Paris National Bank San Francisco 1462055 total 136719 62 Total cash items 2997939 62 15 Interest due and accrued on stocks not included in mar ket value uncollected 32301 00 17 Cash in hands of agents and in course of transmission 399744 33 Total assets of the company actual cash market value 3429984 95 IIILiabilities 1 Losses due and unpaid 50 00 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 141309 00 3 Losses resisted including interest costs and other expense thereon 25733 00 4 Total gross amount of claims for losses 167092 00 5 Deduct reinsurance thereon 28722 57 6 Net amount of unpaid losses 138369 43 7 Cross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 125059851 un earned premiums fifty per cent 625299 26 8 Cross premiums without any deduction received and receivable upon all unex pired fire risks running more than one272 ComptrollerGenerals Eeport year from date of policy 187538710 unearned premiums pro rata 1001153 04 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 not surplus 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 368693 17 140963 71 1905785 44 1524199 51 3429984 95 3 Net collected 368693 17 4 Gross premiums on risks written and re newed during the year 2610440 40 5 Total 2979133 57 6 Deduct premiums and bills in course of collection at this date 410276 02 7 Entire premiums collected during the year 2568857 55 8 Deduct reinsurance and return premiums 840468 42 9 Net cash actually received for premiums carried out 12 Income received from all other sources omitting increase if any in value of securities 14 American branches of foreign companies will please re port amount of remittances from home office during 15 Aggregate amount of income actually received during the year in cash g V Expenditures During the Year 1 Cross amount actually paid for losses in cluding 11216943 losses occurring in previous years 1163369 03 2 Deduct all amounts actually received for salvages whether on losses of the last 1728389 13 126617 32 3044 95 1858051 40ComptrollerGeneral s Eepoet 273 or of previous year 1190006 and all amounts actually received for reinsur ance in other companies 20261298 total deductions 214513 04 Net amount paid during the year for losses 4 Adjustment expenses 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Rent adver tising printing postage telegrams telephones ex press legal expenses maps underwriters boards in spections exchange loss on sale of bonds decrease of adjustment in book values of bonds and stocks 10 American branches of foreign companies will please re port amount sent to home offices during the year 948855 99 28402 05 391592 76 120386 34 68 736 08 81102 14 162322 09 Aggregate amount of actual expenditures during the year in cash 1801397 45 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force December 31 1910292682310 00 3403404 32 2 Written or renewed in 1911 233435436 00 2610440 40 4 Totals 526117746 00 6013844 72 5 Deduct expirations and cancellations 201375020 00 2374599 11 6 In force December 31 1911324742726 00 3639245 61 7 Deduct amount reinsured 44764542 00 513260 00 S Net amount in force 279978184 00 3125985 61 Business in the State of Georgia During the Tear Fire risks written 3933535 78 Premiums received gross 60742 54 Losses paid 34491 77 Losses incurred 36866 77274 ComptrollerGenerals Report the pennsylvania fire insurance company of philadelphia penn R Bale Benson President W Gardner Growell Secretary V E Ohapin Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 750000 00 2 Amount paid up in cash 750000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 139000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 194500 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 2 518 97 4 Value of lands mortgaged exclusive of buildings and perishable improvements 202210 00 5 Value of buildings mortgaged insured for 25900000 as collateral 376685 00 6 Total value of said mortgaged premises carried inside 578895 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market valnp 6336 487 00 11 Total par and market value anil amount loaned thereon 125587 24 11 Cash in companys principal office 1328 64 13 Cash belonging to the company deposited in bank Philadelphia First National Drexel Co 119124 87 Total 120453 51 15 Interest due and accrued on storks not included in market value uncollected 83 691 7 16 Interest due and accrued on collateral loans and uncollected 1700 55 17 Cash in hands of agents ami in course of transmission 627133 94 All other assets both real and personal as per schedule attached viz rents due and accrued 23 75 Due from other companies for reinsurance on losses already paid 7631186 33 Less collateral loan 9 087 24 Total assets of the company actual cash market value 7622099 09 I IfLiabilities 1 Losses due and unpaid 30893 70ComptrollerGenerals Beport 275 Gross losses in process of adjustment or in suspense including all reported and supposed losses Losses resisted including interest costs and other expenses thereon 329430 45 16562 16 Total gross amount of claim for losses 376886 31 Deuuet reinsurance thereon 24139 83 6 Net amount of unpaid losses 352746 48 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 231039033 un earned premiums fifty per cent 1155195 16 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 421354733 unearned premiums pro rata 2176191 55 11 12 19 20 21 23 24 Total unearned premiums as computed above carried out Amount reiclaimable on perpetual policies All other demands against the company absolute and con tingent due and to become due admitted and con tested viz accrued taxes 3000000 commissions 836445 Total amount of all liabilities except capital stock scrip and net surplus Joint stock capital actually paid up in cash Surplus beyond capital and all other liabilities Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year Gross premiums and bills in course of col lection at close of last previous year 574149 u2 Net collected 57414962 Gross premiums on risks written and renewed during the year 4510832 54 Total 5084982 16 Deduct premiums and bills in course of collection at this date 627133 94 3331386 71 909123 21 38364 45 4631620 85 750000 00 2240478 24 7622099 09 7 Entire premiums collected during the year 4457848 22276 ComptrollerGenerals Beport 8 Deducl reinsurance and return premiums 1020509 97 9 Net cash actually received for premiums carried out 3437278 25 10 Received for interest on bonds and mortgages 9916 34 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 282221 51 12 Income received from all other sources omitting increase if any in value of securities viz rents 261 25 14 American branches of Foreign companies will please report amount of remit tances from home office during year 2322208 15 Aggregate amount of income actually received during the year in cash 3729677 45 VExpenditures During the Year 1 Gross amount actually paid for losses in eluding 38392263 losses occurring in previous years 2255401 23 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1209530 and all amounts actually received for reinsur ance in other companies 10690898 total deductions discounts 158220 L19586 48 Not amount paid for losses 2135820 75 4 cosh dividends actually paid stockholders amount of stockholders dividends declared during the year 225000 00 6 Paid for commissions or brokerage 795344 49 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 243558 40 8 Paid for stole national and local taxes in this and other states 11462907 9 All other payments and expenditures viz miscellaneous 161304 Oo ureite amount of actual expenditures during the year 3675716 76 in cash V 1 Risks and Premiums 1 in force on the 31s1 day of December l910 637340493 00 6773343 80 Written or renewed during the year 424300918 00 4510832 54 3 TotaJ 106164141100 11284176 40 I Deduct those expired and marked off as terminated 384353428 00 4205013 42ComptrollerGenerals Report 277 5 In force at the end of the year677287983 00 7079162 i8 6 Deduct amount reinsured 56016392 00 555225 32 7 Net amount in force 621271591 00 6523 937 66 8 Perpetual risk not included above 4040295300 Business in the State of Georgia During the Year Fire risks written 3819091 00 Premiums received gross 68826 97 Losses paid 62158 35 Losses incurred 46786 29 PENNSYLVANIA LUMBERMENS MUTUAL FIRE INSURANCE COMPANY OF PHILADELPHIA PENN Edward F Henson President Harry Humphreys Secretary Principal Office 806 Lafayette Bldg Philadelphia Pa F Wade Vaughan Attorney for Service in Georgia ICapital No Capital Stock Mutual Company IIAssets 2 Loans on bond and mortgage duly recorded and being first lieus on the fee simple 3500 00 3 Interest due and 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 insured for 350000 as collateral 5000 00 6 Total value of said mortgaged premises carried inside 7000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 438680 00 12 Cash in companys principal office 507 03 13 Cash belong to the company deposited in banks viz Central National Bank 2357862 Philadelphia National Bank 3064593 Real Estate Title Ins Trust Co 1097634 United Security Life Ins and Trust Co 141 SS0 total 66619 G9 Total cash items 67126 72278 CompteollebGenebals Eepoet 15 Interest due and accrued on bonds not included in mar ket value uncollected 6422 40 17 Cash in hands of agents and in course of transmission 21627 68 17 Agents balances 283 45 Total assets of the company actual cash market value 537656 00 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 9741 16 4 Total gross amount of claims for losses 9741 16 6 Net amount of unpaid losses 9741 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 36096265 un earned premiums fifty per cent 180481 32 11 Total unearned premiums as computed above carried out 18048132 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 107 52 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz State federal and other taxes due or accrued 4078 77 Inspection charges due on premiums in course of collec tion 1552 59 20 Total amount of all liabilities except capital stock scrip and net surplus 195961 36 23 Cash surplus beyond all other liabilities 341694 64 24 Aggregate amount of all liabilities including net surplus 537656 00 IVIncome During the Year 1 Gross premiums in course of collection at close of last previous year as shown by that years statement 21124 96 3 Net collected 21124 96 4 Gross premiums on risks written and re newed during the year 402727 86 5 Total 423852 82 ComptrollerGenekals Eepokt 6 Deduct premiums in course of collection at this date 21627 68 7 Entire premiums collected during the year 402225 14 8 Deduct reinsurance and return premiums 35262 11 9 Net cash actually received for premiums carried out 10 Received for interest on mortgages 11 Received for interest and dividends on stoeks and bonds and from all other sources 12 Income received from all other sources omitting increase if any in value of securities viz Transfer of agency and brokerage profits 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 176467 losses occurring in previous years 117520 81 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 708 20 Net amount paid during the year for losses 4 Cash dividends actually paid policyholders amount of policyholders dividends declared during the year 5 Depreciation in market value of securities 6 Inspection charges 6 Office furniture and fixtures 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 7 Uncollected premiums charged off 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Rent 2 63300 printing stationery etc 148633 officers meetings etc 322338 advertising 242322 in spection and surveys 577541 traveling 222770 postage telegraph etc 207822 adjustment 63069 miscellaneous 208558 total Aggregate amount of actual expenditures during the year in cash 279 366963 03 189 00 19978 31 5586 17 392716 51 116812 61 127785 68 1696 06 22809 05 458 78 24679 91 177 32 5252 68 22563 53 322234 62280 ComptrollebGeneeals Eepoet VIEisks and Premiums In force on the 31st day of December 1910 14072515 00 2 Written or renewed during 1911 17877672 00 3 Total 31950187 00 4 Deduct those expired and marked off as terminated 15598583 00 5 In force at end of year 1911 10351604 00 7 Net amount in force 16351604 00 8 Greatest amount insured in an one risk Business in the State of Georgia During the Year Fire risks written Premiums received gross Losses paid Losses incurred 313055 37 402727 86 715783 23 354820 58 360962 65 360962 65 15000 00 155550 00 4996 76 1279 08 1279 OS PENNSYLVANIA MILLERS MUTUAL FIRE INSURANCE CO OF WILKES BARRE PA Asher Miner President Joh Hoffa Secretary Principal Office 500502 Coal Exchange Wilkes Barre Pa F Wade Vaughan Atlanta Attorney for Service in Georgia IIAssets 2 Loans on bond and mortgage duly recorded and being firsl liens on the fee simple 11900 00 3 Interest due and accrued on all said bond and mortgage loans 87 25 4 Value of lands mortgaged exclusive of buildings and perishable improvements approximately 40000 00 5 Value of buildings mortgaged appro i mately 6000 00 6 Total value of said mortgaged premises carried inside 46000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market vale 268740 40 12 Cash in companys principal office 2770 82 ComptrollebGeneeals Repoet 281 13 Cash belonging to the company deposited in banks viz First National Bank Indiana Pa 2221676 Wyoming Nat ional Bank Wilkes Barre Pa 10 87237 total 33089 13 Interest due and accrued on bonds 98280 premiums in course of collection not more than 3 months overdue 2 02277 assets due 146436 total 5469 93 Total cash items 322057 53 14 Amount of premium notes upon which policies have been issued net 01620210 Total assets of the company actual cash market value 1338259 63 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 10000 00 4 Total gross amount of claims for losses 10000 00 6 Net amount of unpaid losses 10000 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 13150917 un earned premiums fifty per cent 65754 59 11 Total unearned premiums as computed above carried out 6575459 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Reserve for taxes 10000 00 20 Total amount of all liabilities except capital stock scrip and net surplus 76754 59 23 Surplus beyond capital and all other liabilities 245302 94 24 Aggregate amount of all liabilities including capital paid up and net surplus 322057 53 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 3498 06282 ComptrollerGenerals Report S Net collected 3498 06 Total assessments on premium notes dur ing year 120309 50 4 Gross premiums on risks written and re newed during the year 56850 88 5 Total 180658 44 6 Deduct premiums and assessments ami bills in course of collection at this date 187 13 7 Entire premiums and assessments collected during the year 177171 31 9 Net cash actually received for premiums and assessments carried out 10 Received for interest on bonds and mortgages 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 Inspection fees 11890 commissions 53014 office furniture and fixtures 7750 sundries 2500 traveling and in spections 4075 adjusting 6188 stationery print ing and supplies 125 auditing 3125 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 dross amount actually paid for losses in cluding 955 losses occurring in previ ous years 78288 55 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 12603 and all amounts actually received for reinsur ance in other companies total deduc tions 126 03 Net amount paid luring the year tor 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 and admission fees 9 All other payments and expenditures Return premiums Aggregate amount of actual expenditures during the year in cash 177171 1 11903 24 886 67 I 89962 22 78162 52 2597 85 11926 00 1341 6 1 1212 111 15285 04 153605 14 ComptrollerGenerals Eeport 283 VIRisks and Premiums Pi re Risks Premiums Thereon In force on the 31st day of December 9149075 00 119943 33 2 Written or renewed 3833472 83 56850 88 3 Tofal 12982547 83 176794 21 4 Deduct those expired and marked off as terminated 3857725 00 45285 04 5 In force at end of year 9124822 83 131509 17 7 Net amount in force 9124822 83 131509 17 PEOPLES NATIONAL FIRE INSURANCE COMPANY OF WILMINGTON DELAWARE Louis S Amonson President Henry T Alley Secretary Principal Office 305307 Walnut Street Philadelphia Penn Attorney for Service in Georgia Robert N Hughes 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 53900 00 3 Interest due on all said bond and mortgage loans 1 35000 interest accrued thereon 810198 945198 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market aA Bnl 1184594 24 11 Total par and market value and amount loaned thereon 82700 00 12 Cash in companys principal office 6973 49 13 Cash belonging to the company deposited in bank 50301 42 57274 91 Total 907 971 13 Total cash items 15 Interest due and accrued on bonds stocks not included m market value uncollected I5 f 16 Interest due and accrued on collateral loans and uncollected 1343 u 17 Cash in hands of agents and in course of transmission 13358a 10 2058300 64 Total 6164 40 Less decrease ledger assets Total assets of the company actual cash market value 2052136 24284 ComptrollerGenerals Eeport IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 26674 70 159801 32 9610 59 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 196094 61 46207 40 6 Net amount of unpaid losses Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 51775066 un earned premiums fifty per cent Gross premiums without and deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 703596 49 unearned premiums pro rata 258875 33 37813458 11 Total unearned premiums as computed above carried out M Amount reclaimable by insured on perpetual risks 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz reserve for taxes Total 149887 21 21 Joint stock capital actually paid up in cash 23 Surplus beyond capita and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Sear 4 Cross premiums on risks written and renewed hiring the year 1766 290 12 637009 91 8504 42 9765 25 805166 79 1000000 00 246969 45 1246969 45 8 Deducl reinsurance and return premiums 1052460 93 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 713829 19 32376 42 83840 00 283844 33 Total 1113889 94 CompteolleeGeneeals Eepoet 285 13 Total deposit premiums received 2787708 15 Aggregate amount of income actually received during the year in cash 1116677 02 VExpenditures During the Year 1 Gross amount actually paid for losses in eluding 16366783 losses occurring in previous years 3259102 I i 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 704404 and all amounts actually received for reinsur ance in other companies 20116780 total deductions 208201 84 Xet amount paid during the year for losses 1050900 93 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 50000 00 6 Paid for commissions or brokerage 241425 27 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 90058 81 8 Paid for state national and local taxes in this and other states 29925 80 9 All other payments and expenditures 369719 07 Total 1832029 88 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1910 245796043 00 2604733 70 2 Written oYVenewed during the year 148416322 00 1766290 12 3 Excess of original premiums over amount received for reinsurance 37420 98 4 Total 394212365 00 4408444 80 5 Deduct those expired and marked off as terminated 202835393 00 3276513 24 6 In force at the end of the year191376672 00 2131931 56 7 Deduct amount reinsured 83141211 00 910584 41 8 Net amount in force108135761 00 1221347 15 9 Perpetual risks not included above 318400 Deposit 9449 36 premiums on same p Business in the State of Georgia During the Year 2233092 00 Fire risks written v 24973 96 Premiums received gross 286 1OMITROLLERGrENEEAL s REPORT Losses paid Losses incurred 13513 86 13625 07 PHOENIX ASSURANCE CO LTD OF LONDON L P Bayard and I Beresford Managers Head Office in the United States 47 Cedar Street New York N Y Edgar Dunlap Attorney for Service in Georgia ICapital Stock Amount of ledger assets as1 per balance December 31 1910 363015950 1 Extended at 3630159 50 IIIncome Gross premiums 3866733 90 5 Deduct gross amount paid for reinsurance fire 80773281 return premiums fire 62712683 1434859 64 I 11 12 17 19 27 Total premiums 2431874 26 Gross interest on bonds and dividends on stocks less 5303 accrued interest on bonds acquired during 1911 119545 52 Gross interest on deposits in trust com panies and banks 3475 12 Total gross interest and rents Remitted from borne office Gross increase by adjustment in book value of ledger assets viz bonds 1972250 stocks 25000 123020 64 21959 44 19972 50 28 Total Income 2596826 84 I ITDisbursements 1 Gross amount paid policyholders for losses including 22809476 occurring in previous years 1795006 44 2 Deduct amount received for salvage fire 1359465 reinsurance lire 30765269 discount fire 116701 322 414 35 Net amount paid policyholders for losses 1472592 09 Expenses of adjustment and settlement of losses 49361 95 ommissions or brokerage 454 077 32 sComptrollerGenerals Eeport 287 Allowances to local agencies for expenses miscellaneous agency 7 Salaries 8571986 and expenses 4386443 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including companys occupancy of its own build ings 10 Advertising 254437 printing and stationery 2625400 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 14 Map including correction 15 Underwriters boards and tariff associations 16 Fire department fire patrol and salvage corps assessments 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 federal corporation tax 100709 state licenses 215167 local taxes 940703 advertising required by law 116946 23 Other disbursements premiums on bonds required by states 52767 exchange 186188 remitted to home Office 243889 38 Agents balances charged off 40 Gross decrease by adjustment in book value of ledger assets viz bonds 9750 01 129584 29 135448 95 22270 95 28798 37 26726 26 100 33 2904 51 6934 51 26691 22 29819 58 17660 14 43212 03 10673 52 13795 25 4828 44 53 23 13946 25 41 Total disbursements 2499226 88 IVLedger Assets 4 Book value of bonds 303009000 and stocks 258600 3032676 00 5 Cash in companys office 1025 89 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 195259 00 1122 29 8 Agents balances representing business written subsequent to October 1 1911 9 Agents balances representing business written prior to October 1 1911 13 Philadelphia Underwriters deposit 197407 18 494381 09 3095 19 200 00 16 Total ledger assets as pel balance 3727759 46288 ComptrollerGenerals Report NonLedger Assets 18 Interest due 3149375 and accrued 12 58501 on bonds 44078 76 4 Total 44078 76 28 Reinsurance due on losses paid 3 947 03 30 Gross assets o r7l ror o o obo 25 Deduct Assets not Admitted 34 Agents balances representing business written prior to October 1 1911 3095 19 41 Tola admitted assets 37726Qo 06 VLiabilities 1 Gross losses adjusted and unpaid not yet due 58363 00 2 Gross claims for losses in process of adjust ment or in suspense plus 3101000 re served for losses incurred prior to Dec 31 of which no notice had been received 011 that date 219739 00 3 Gioss claims for losses resisted ij og qq 4 Total 294366 00 5 Deduct reinsurance due or accrued 99 151 Q0 6 Net amount of unpaid losses and claims 202 215 00 7 Cross premiums less reinsurance received and receivable upon ail unexpired lire risks running one year or less from date of policy including interest premiums on perpetual ire risks 160271755 un earned premiums fifty per cent 801358 77 8 Cross premiums less reinsurance received ami receivable upon all unexpired fire risks running more than one year from date of policy 237529232 an mlnl premiums pro rata 1256951 43 11 Total unearned premiums as computed above 2 058 310 20 18 Salaries rents expenses bills accounts fees etc due or accrued or 1M 89 39 Estimated amount hereafter payable for federal slate and other taxes based upon the business of the vear of this emit 48000 00ComptbollebGenebals Report 289 qi qcif so 21 Return reinsurance premiums JX 26 Total amount of all liabilities except capital 2355711 48 28 Surplus over all liabilities 1416978 58 3 77 690 06 30 Total liabilities V0JU VI Risks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1911464721302 00 4700532 99 2 Written or renewed during the year 388692695 00 3866733 90 3 Excess of original premiums over amount received for reinsurance 1842 76 4 Total 853413997 00 8569109 65 5 Deduct those expired and marked off as terminated 341650466 00 3490450 97 6 In force at the end of the year511763531 00 5078658 68 7 Deduct amount reinsured 114389443 00 1100848 81 8 Net amount in force 397374088 00 3978009 87 Business in the State of Georgia During the Year Fire Marine and Inland risks written 3675336 00 40 744 44 Premiums received gross 1070 74 0SSeS1akl 25628 74 Losses incurred THE PHOENIX FIEE INSUEANCE COMPANY OF HARTFORD CONN D W C Skilton President John B Knox Secretary Home Office 783 Main Street Hartford Connecticut Attorney for Service in Georgia Cliff C Hatcher ICapital Stock 1 Amount of capital paid up in cash 200000000 2 Amount of ledger assets as per balance December 33 1911 9607532 28 4 Extended at 9607532 28290 ComptrollerGenerals Eeport ITIncome 5 Gross premiums 7419152 37 6 Deduct gross amount paid for reinsurance fire 88615095 return premiums fire 100090879 1887059 74 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 235339 accrued interest on bonds acquired during 1910 12 Gross interest on deposits in trust com panies and banks 13 Gros interest from all other sources on agents balances 14 Gross rents from companys property including companys occupancy of its own buildings 5532092 63 2868 85 628 35 439023 11 13452 83 1298 42 14004 15 15 Total gross interest and rents 16 From all other sources 23 From sale rights to imperial bank stock 25 From agents balances previously charged off 26 Gross profits on sale or maturity of ledger assets stocks 471275 71 400000 00 13 20 610 06 34499 96 28 Total income 6438491 56 IIIDisbursements 1 Gross amount paid policyholders for losses including 49155085 occurring in previous years 3273944 52 2 Deduct amount received for salvage fire 2037735 reinsurance fire 52046171 discount fire 239019 543229 25 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or Brokerage 7 Salaries 27408702 and expenses 15277567 of special and general agents and branch office employees 8 Salaries fees and all other charges of officers directors trustees and home office employees 9 Rents including companys occupancy of its own buildings 10 Advertising 701134 printing and stationery 4730419 11 Postage telegrams telephone and express 12 Legal expenses 13 Furniture and fixtures 2730715 27 34339 81 1159702 31 426862 69 139135 25 26966 12 54315 53 39965 60 8326 51 4524 8914 15 16 17 18 19 20 21 22 23 24 26 34 38 39 40 41 9 16 17 18 ComptrollerGenerals Eepoet 291 Maps including corrections 14196 95 Underwriters boards and tariff associations 66725 92 Fire department fire patrol and salvage corps assessments fees taxes and expenses 17113 67 Inspection and surveys 16536 32 Repairs and expenses other than taxes on real estate 11107 32 Taxes on real estate 2503 05 State Taxes on Premiums 100064 12 Insurance department licenses and fees 21237 62 All other licenses fees and taxes municipal taxes and fees 19660 07 Other disbursements miscellaneous expenses 2179 08 Federal corporation tax 8631 75 Borrowed money paid 400000 00 Paid stockholders for interest or dividends the amount declared during the year 32000000 paid stockholders tax 5240100 372401 00 Agents balances charged off 1995 74 Gross loss on sale or maturity of ledger assets viz real estate 37976 bonds 317658 3556 34 Gross decrease by adjustment in book value of ledger assets viz stocks 13 20 Total disbursements 5682776 13 IVLedger Assets Book value of real estate 128791 14 Mortgage loans on real estate 52450 00 Loans secured by pledge of bonds stocks or otlher collaterals 11300 00 Book value of bonds 534823024 and stocks 322641666 8574646 90 Cash in Companys office 10621 10 Deposits in trust companies and banks not on interest 98084 53 Deposits in trust companies and banks on interest 391282 64 Agents balances representing business writ ten subsequent to Oct 1 1911 1089786 71 Agents balances representing business written prior to October 1 1911 6284 69 Total ledger assets as per balance 10363247 71 NonLedger Assets rnl crest due 8400 and accrued 117465 on mortgages 1258 65 Interest due and accrued 7811433 on bonds 78114 33292 ComptrollerGenerals Ebport 19 Interest due and accrued 27790 on col lateral loans 277 90 20 Interest due and accrued 400000 on other assets bank deposits 4000 00 21 Rents duo and accrued 124351 on com pany s property or lease 1243 51 22 Total H 8489439 23 Market value of real estate over book value 12222 24 24 Market value not including interest in item 18 of bonds and stocks over book value 901447 85 26 Foreign premiums in course of collection which have not been carried to ledger account gross 6530000 less expenses and commissions 1770000 47600 00 27 Reinsurance due from other companies on losses paid 1506 69 Gross assets 11410918 88 Deduct Assets not Admitted 32 Agents balances representing business written prior to October 1 1911 6284 69 38 Total admitted assets 11404634 19 VLiabilities 1 Gross losses adjusted and unpaid not yet due 181648 26 2 Gross claims for losses in process of adjust ment or in suspense including all reported and supposed losses 492295 27 3 Gross claims for losses resisted 32353 55 4 Total 706297 08 5 Deduct reinsurance due or accrued 84686 91 6 Net amount of unpaid losses and claims 621610 17 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of Policy including interest premiums on perpetual fire risks 342127830 unearned premiums fifty per cent 1710639 15 8 Gross premiums less reinsurance received and receivable upon nil unexpired firo risks running more than one year from date of policy 603303432 unearned premiums pro rata 3180665 53 11 Total unearned premiums as computed above 4891304 68ComptrollerGenerals Eeport 293 18 Salaries rents expenses bills accounts etc due or accrued 19 Estimated amount hereafter payable for federal state county and municipal taxes due or accrued 30000 00 160000 00 26 Total amount of all liabilities except capital 5702914 85 27 Capital actually paid up in cash 2000000 00 28 Surplus over all liabilities 3701719 34 29 Surplus as regards policyholders 5701719 34 30 Total liabilities 11404634 19 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1911 93351276100 9266874 55 2 Written or renewed during year 902310998 00 7484452 37 3 Excess of original premium over amount received for reinsurance 392118 15 4 Total 1835823759 00 17143445 07 5 Deduct those expired and marked off as terminated788730723 00 6664851 62 6 In force at the end of the year1047093036 00 10478593 45 7 Deduct amount reinsured 9695808100 1024280 83 8 Net amount in force 950134955 00 9454312 62 Business in the State of Georgia During the Year Risks written 10149799 00 Premiums received 78677 15 Losses paid 62837 46 Losses incurred 72949 25 PROVIDENCE WASHINGTON TIRE INSURANCE COMPANY OF PROVIDENCE R I T B Branch President A G Beals Secretary Principal Office 20 Market Square Providence R I ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 750000 00294 ComptrolleeGeneeals Bepoet IIAssets 12 Cash in Companys principal office 927 87 13 Cash belonging to the company deposited in bank 205246 35 Total 206174 22 15 Interest due and accrued on stocks not included in market value uncollected 6716 22 17 Cash in hands of agents and in course of transmission 521165 70 18 Bill receivable not matured taken for fire marine and inland risks 13985 84 Total assets of the company aetual cash market value 4144189 98 IIILiabilities 1 Losses due and unpaid 46584 09 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 363652 50 3 Losses resisted including interest costs and other expenses thereon 19623 80 4 Total gross amount of claims for losses 429860 39 5 Deduct reinsurance thereon 152810 61 6 Net amount of unpaid losses 277049 78 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from dato of policy 148178069 un earned premiums fifty per cent 740890 34 8 Gross premiums without and deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 218710435 unearned premiums pro rata 1155223 03 9 Gross premiums without deduction includ ing both cash and bills received and receivable upon all unexpired inland navi gation an marine risks 49451704 247258 52 10 Gross premiums without any deduction received and receivable on all unexpired marine risks 50 per cent on time risks 63047 47 11 Total unearned premiums as computed above carried out 2206406 36ComptrollerGenerals Beport 295 11 All other demands against the company absolute and con tingent due and to become due admitted and eon tested viz 50000 00 Total 2533456 14 21 Joint Stock capital actually paid up in cash 750000 00 22 Scrip outstanding 860733 84 24 Aggregate amount of all liabilities including capital paid up and net surplus 4144189 98 IVIncome During the Year Tire Risks Marine and Inland 1 Gross premiums and bills in course of collection at close of last previous year 359744 98 138154 36 2 Deduct amount of same not collected 340 00 475 00 137679 36 3 Net collected 359404 98 4 Gross premiums on risks written and renewed dur ing the year 3253250 76 1307354 37 5 Total 3612655 74 1445033 73 6 Deduct premiums and bills in course of collection at this date 365715 49 169096 05 7 Entire premiums collected during the year3246940 25 1275937 68 8 Deduct reinsurance and re turn premiums 1073582 47 457491 71 9 Net cash actually received for premiums carried out 2173357 78 818445 97 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 13 Received for calls on capital for increase capital 2991803 75 194896 30 250000 00 15 Aggregate amount of income actually received during the year in cash 3436700 05296 ComptrolleeGeneeals Eepoet VExpenditures During the Year Fire Risks Marine and Inland 1 Uross amount actually paid for losses including 33018892 losses occur ring in previous years 1699080 93 757014 33 2 Dedlict all amounts actually received for salvages whether on losses of the last or of the previous year 6545196 and all amounts actually received for reinsurance in other companies 55480679 total deductions 345708 78 275984 62 Net amount paid during the year for losses 1353972 15 481029 71 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year i 1aid 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 balance of ex pense account Difference between book value and market value on stocks and bonds purchased during the year 1835001 86 75000 00 613213 77 235952 59 95034 41 163583 95 222566 88 Aggregate amount of actual Expenditures during the year in cash 3240353 46 VIRisks and Premiums 1 In force December 31 1910400908039 00 4279583 31 2 Written or renewed hiring the year 322886493 00 3253250 76 Excess of original prems over amount received for reinsurance 10369 47 4 Total 723794532 00 7543203 54 1 Deduct those expired and marked off as terminated 289515145 00 3095940 26 6 In forco at the end of year 1911434279387 00 4447263 28 7 Deduct amount reinsured 70933876 00 778378 24 8 Net amount in force December 31 1911 363345511 00 3668885 04CompteollebGeneeals Eepoet 297 Business in the State of Georgia During the Year Fire marine and inland risks written 3891403 00 Premiums received gross 45480 13 Losses paid 51550 81 Losses incurred 39624 88 QUEEN INSURANCE COMPANY OF AMERICA NEW YORK E F Beddall President N S Bartow Secretary Principal Office 84 William Street New York N Y S Y Tupper Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 1000000 00 2 Amount paid up in cash 1000000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due and 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 000 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 8229093 57 12 Gash in companys principal office 6696 97 13 Cash belonging to the company deposited in banks 393004 83 Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncollected 16 Interest accrued on bank balances and uncollected 17 Cash in hands of agents and in course of transmission uncollected balances 18 Bill receivable not matured taken for Are risks All other assets both real and persona viz Due from oilier companies for reinsurance on losses already paid 399701 80 72571 27 1060 56 771655 12 445 75 17165 36 Total 9558098 56298 ComptrollerGenerals Eeport IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 381512 17 3 Losses resisted including interest costs and other expenses thereon 64519 00 4 Total gross amount of claims for losses 446031 17 5 Deduct reinsurance thereon 54694 02 6 Net amount of unpaid losses 391337 15 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 293682245 un earned premiums fifty per cent 1468411 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 494552241 unearned premiums pro rata 2622878 94 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 105854 85 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 9473 53 11 Total unearned premiums as computed above carried out 4206618 54 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 34767 88 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Taxes accrued 8621500 commissions 1509549 return preimums 878025 reinsurance premiums 4548536 pension obligations 3100000 total 186576 10 20 Total amount of all liabilities except capital stock scrip and net surplus 4819299 67 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 3738798 89 24 Aggregate amount of all liabilities including capital paid up and net surplus 9558098 56ComptbollebGeneeal s Eepoet 299 IVIncome During the Year Gross premiums on risks written and renewed dur ing the year6032947 64 370956 56 Deduct reinsurance and re turn premiums 1557317 66 71731 87 11 Net cash actually received for premiums carried out 4475629 98 299224 69 4774854 67 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 323289 87 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Fire Marine Inland 1 Gross amount actually paid for losses including 34964120 losses occur ring in previous years 2743861 37 65088 11 2 Deduct all amounts actu ally received for salva ges whether on losses of the last or of previ ous year 3539470 and all amounts actually received for reinsurance in other companies 32909591 discount 1 25617 total deductions 359751 46 5995 32 Net amount paid during the year for losses 2384109 91 59092 79 Expenses of adjustment and settlement of losses Cash dividends actually paid stockholders amount of stockholders dividends declared uring the year 300 00000 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 Rent adver tising printing and stationery local boards etc Agents balances charged off 44919 decrease by ad justment book value bonds 34394 total 2443202 7C 52999 41 300000 00 866901 71 499996 52 112798 50 282605 33 793 13300 ComptrollerGenerals Eeport Aggregate amount of actual expenditures during tlio year in cash 5511297 30 VIRisks aud Premiums Fire Risks Premiums Thereon 1 In force December 81 1910 728646940 8279443 20 2 Written or renewed in 1911 521709306 0032947 64 4 Totals 1250356246 14312390 84 5 Deduct expirations and cancellations 482534993 5703404 35 6 In force December 31 1911 767821253 8608986 49 7 Deduct amount reinsured 64450075 726641 63 8 Net amount in force 703371178 7882344 86 Business in the State of Georgia During the Year Fire marine and inland risks written 6446328 00 Premiums received gross 123783 09 Losses paid 68844 11 Losses incurred 58961 11 ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON ENGLAND Richard D Harvey United States Manager Principal Office in United States 92 Williams Street New York N Y Attorney for Service in Georgia A L Brooks ICapital 1 Whole amount of capital stock deposit capital 400000 00 IIAssets 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2167368 75 22 Cash in companys principal offices 1391 62 13 Cash belonging to the company deposited in banks Hanover National Bank New York City 9776414 Union National Hank Columbia S C 5089 98 102854 12 Total cash items 104245 74 15 Interest due and accrued on bonds and stocks not included in market value uncollected 28659 04 17 I 1 2 3 4 5 6 7 8 9 10 11 17 19 21 ComptrollerGenerals Eeport Cash in hands of agents and in course of transmission including 43666 due from other companies on current 301 302231 04 Total assets of the company actual cash mar IIILiabilities Gross losses in process of adjustment or in suspense including all reported and ket value 11640 06 212497 00 36940 00 2602504 57 Losses resisted including interest costs and Total gross amount of claims for losses 261077 00 77573 00 183504 00 1 1 111 1 11 1 J 1 I 1 Gross premiums without and deduction received and receivable upon all unexpired fire risks running one year or less from date of policy 95310774 unGross premiums without and deduction received and receivable upon all unexpired fire risks running more than one year from date of policy 161032952 unearned premiums pro rata Gross premiums without deduction including both cash and bills received and receivable upon all unexpired inland naviGross Premiums without any deduction received and receivable on all unexpired 476558 87 846058 38 8099 48 22541 02 Total unearned premiums as computed above Due and accrued for salaries rent advert agency and other miscellaneous expenses All other demands against the company abs tingent due and to become due admit tested viz federal state and local taxes Return premiums and reinsurance marii carried out ising and for 1353257 75 6987 63 1 Dlute and confed and con estimated re department 30700 00 15064 00 1589513 38 II 1 1 Joint stock capital actually paid up in cash deposit capital 400000 00 302 ComptrollerGenerals Report 23 Surplus beyond capital and all other liabilities 612991 19 24 Aggregate amount of all liabilities including capital paid up and net surplus 2602504 57 IVIncome During the Year Fire Risks Marino and Inland 1 Gross premiums and bills in course of collection at close of last previous year 253090 67 1778 43 1778 43 3 Net collected 253090 67 4 Gross premiums on risks written and renewed dur ing the year 2379735 47 169773 60 5 Total 2632826 14 6 Deduct premiums and bills in course of collection at this date 254136 84 171552 03 47657 54 7 Entire premiums collected during the year 2378689 30 123894 49 8 Deduct reinsurance and re turn premiums 906105 35 29253 92 9 Net cash actually received for premiums carried out 1472583 95 94640 57 1567224 52 90831 63 13 12 429000 00 11 Received for interest and dividends on storks 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 in previous years recovered II American branches of foreign companies will please report amount of remittances from home office during year 15 Aggregate amount of income actually received during the year in cash 2087069 27 V Expenditures During The Year Fire Risks Marine and Inland 1 Gross amount actually paid for losses including 12105454 losses occur ring in previous years 1127343 74 12553 17CoMPTKOLLERGeNEEALS RePOET 303 2 Deduct all amounts actually received for salvages whether on losses of the last or of the previous year 1720256 and all amounts actually received for reinsurance in other companies 29008156 total deductions 301463 47 5820 65 Net amount paid during the year for losses 825880 27 6732 52 832612 79 356323 43 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 181558 39 8 Paid for state national and local taxes in this and other states 28619 58 9 All other payments and expenditures viz Insurance de partment and local fees 1843840 fire department patrol and salvage corps 1544038 inspection and local boards 2520388 rent 989498 advertising and stationery 1384054 postage telegraph and express 1074090 maps 645303 miscellaneous 606647 106078 58 10 American branches of foreign companies will please report amount sent to Home Offices during the year 246934 56 Aggregate amount of actual expenditures during the year in cash 1752127 33 4 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1910 290219770 00 2974750 61 Written or renewed during the year 228965255 00 2379733 97 Excess of original premiums over amount received for reinsurance 5959 90 Total 519185025 00 5360444 48 Deduct those expired and marked off as terminated 201864416 00 2126024 92 In force at the end of the year317320609 00 3234419 56 Deduct amount reinsured 70614767 00 670972 30 8 Net amount in force 246705842 00 2563447 26304 ComptrollerGenerals Eeport Business in the State of Georgia During the Year Fire marine and inland risks written 2195 850 00 Premiums received gross 30 267 78 Losses paid 12 143 72 Losses incurred 17 51 Qg ROYAL INSURANCE COMPANY LIMITED OF LTVERPOOL ENGLAND Principal Office in the United States 84 William Street New York City Edward F Beddall General Attorney for the United States ICapital 1 Deposit capital New York Deposit capital Ohio 450000 00 100000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 4140902 01 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bonds and mortgage loans interest accrued thereon 4 Valuo of lands mortgaged exclusive of buildings and perishable improvements 546379 00 5 Value of buildings mortgaged insured for 299650 as collateral 409400 00 344900 00 6150 09 6 Total value of said mortgaged premises carried inside 955779 00 8 Total par and market value of stocks and bonds owned absolutely by the company carried out at market vale 5221801 25 12 Cash in companys principal offices 1083 14 1 Cash belonging to the company deposited 111 bank 614140 60 Total 15 Interest due and accrued on bonds not included in market value uncollected 17 Cash in hands of agents and in course of transmission All other assets both res and personal viz rents due and accrued 1647745 due from other companies for rein suranc1 losses already paid 5436230 615223 74 62065 07 1378320 83 70839 75 Total assets of 11 ie company actual cash market value 11840202 74ComptrollerGenerals Eeport 305 IIILiabilities 1 Losses duo and unpaid 130926 19 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 675453 49 3 Losses resisted including interest costs and other expenses thereon 93428 88 4 Total gross amount of claims for losses 899808 56 5 Deduct reinsurance thereon 208612 60 6 Net amount of unpaid losses 691195 96 7 Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 416363161 un earned premiums fifty per cent 2081815 80 8 Gross premiums without any deduction received and receivable upon all unex i pired fire risks running more than one year from date of policy 997787177 unearned premiums pro rata 5246121 20 9 Gross premiums without deduction includ ing both cash and bills received and receivable upon all unexpired inland navigation and marine risks 161868 97 10 Gross premiums without and deduction re ceived and receivable on all unexpired marine risks 11156 13 11 Total unearned premiums as computed above carried out 7500962 10 12 Net premiums reserve and all other liabilities except capital under the life insurance or any other special department 90495 00 13 Unused balances of bills and notes taken in advance or premiums on open marine and inland policies or otherwise returnable on settlement amount reclaimable under perpetual policies 91655 92 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 242115 57 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz commission and brokerages due agents and brokers 2820309 return premiums and rein surances 15801606 186219 15 Total 8802643 70 23 Surplus beyond capital an dall other liabilities 3037559 04 24 Aggregate amount of all liabilities including capital paid up and net surplus11840202 74306 ComptrollerGenerals Report IVIncome During the Year Fire Risks Maine and Inland 4 Gross premiums on risks written and renewed dur ing the year 10851653 88 585933 90 8 Deduct reinsurance and re turn premiums 3461021 39 117282 68 9 Net cash actually received for premiums carried out 7390632 49 46865122 7859283 71 50 36 Deposit premiums written 10 Received for interest on bonds and mortgages 19333 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 230801 52 12 Income received from all other sources omitting increase if any in value of securities viz rents 39726046 in crease in book value of bonds 465500 agents balances previously charged of 137 401916 14 American branches of foreign companies will please report amount of remittances from home office during year 512165 83 15 Aggregate amount of income actually received during the year in cash 9023501 VExpenditures During the Year Fire Risks Maine and Inland 1 Gross amount actually paid for losses including 69843466 losses occur ring in previous year4856185 43 175104 84 2 Deduct all amounts actually received for salvages whether on losses of the last or of the previous year 8418530 and all amounts actually received for reinsurance in other companies 94612815 total deductions 1022154 82 8158 63 50 Net amount paid during the year for losses3834030 61 166946 21 6 Paid for commissions or brokerage 4000976 3745767 82 03ComptrollerGenerals Report 307 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 9 All other payments and expenditures viz rents printing and stationery postage maps deposit premiums re turned ete 10 American branches of foreign companies will please report amount sent to home offices during the year 1358928 29 834767 52 276503 11 865155 90 Aggregate amount of actual expenditures during the year in cash 8711098 67 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1910 1592691508 00 16643375 50 2 Written or renewed during year 1023442517 00 10851653 88 3 Excess of original premiums over amount received for reinsurance 73182 08 4 Totai 2616134025 00 27568211 96 5 Deduct those expired and marked off as terminated 1025708162 00 11093266 89 6 In force at the end of the year1590425863 00 16474945 07 7 Deduct amount reinsured 206106535 00 2333441 69 8 Net amount in force 1384319328 00 14141503 38 9 Perpetual risks not included above 4878660 Deposit premiums on same 105724 54 Business in the State of Georgia During the Year Fire marine and inland risks written 8070214 00 Premiums received gross 112886 64 Losses paid 88920 07 Losses incurred 93841 92 SAVANNAH FIRE INSURANCE COMPANY OF SAVANNAH GA Mills B Lane President W F Train Secretary Principal Office Bryan and Drayton Streets Savannah Ga Adams Adams Savannah Attorneys for Service in Georgia ICapital 1 Whole amount of capital stock 2 Amount paid up in cash 100000 00 150000 00308 ComptrollerGenerals Report IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 12 Cash in companys principal office 1 Hi 13 Cash belonging to the company deposited in banks viz Citizens and Southern 6366 65 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected and savings deposit 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Rents due and accrued 120000 00 21717 50 6579 75 431 00 1891 93 298 75 Total assets of the company actual cash market value IIILiabilities 1 Total gross amount of claims for losses 1113 64 5 Deduct reinsurance thereon 1082 73 150923 13 6 Net amount of unpaid losses 7 Iross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 1305 94 11 Total unearned premiums as computed above carried out 20 TtotaJ amount of all liabilities except Capital stork scrip and net surplus j 21 Joint slock 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 360 91 1305 U 1666 85 100000 00 4925 28 150923 13 IVIncome During the Fear I dross premiums on risks written ami re newed during the year 4591 22 II Deduct premiums and bills in course of collection at this date 1891 93 7 Entire premiums collected during the year 2703 29ComptrollerGenerals Eeport 8 Deduct reinsurance and return premiums 2499 65 9 Net east actually received for premiums carried out 12 Income received from all other sources omitting increase if any in value of securities viz Rents net 71664 commissions net 24707 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for State national and local taxes in this and other States Aggregate amount of actual expenditures during the year in cash 309 203 64 963 71 1167 35 2355 85 230 00 2585 85 VIRisks and Premiums Fire Risks Premiums Thereon 2 Written or renewed during 1911 420208 00 4595 32 4 Deduct those expired and marked off as terminated 22275 00 364 00 5 Tn force at end of year 1911 397933 00 6 Deduct the amount reinsured in other companies net 233725 00 7 Net amount in force 164208 00 8 Greatest amount insured in any one risk Fireproof bank and office building Business in the State of Georgia During the Year Fire risks written Premiums received gross Losses incurred 4231 32 2142 16 16 4000 00 420208 00 4595 32 360 91 SCOTTISH UNION NATIONAL INSURANCE COMPANY OF EDINBURGH SCOTLAND James H Brewster U S Manager Principal Office in U 30 Pearl Street Hartford Conn Y R lloyt Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital deposit 200000 00310 ComptrollerGenerals Report IIAssets 1 Market value of real estate owned by the company less the amount of incumbranecs thereon 37336 55 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 254275 00 3 Interest due and accrued on all said bond and mortgage loans 43cS0 04 4 Value of lands mortgaged exclusive of buildings and perishable improvements 228050 00 5 Value of buildings mortgaged insured for 37650000 as collateral 489850 00 6 Total value of said mortgaged premises carried inside 717900 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4347731 25 13 Cash belonging to the company deposited in banks viz Aetna National Bank Hartford Ct 3349079 National Ex change Bank Hartford Ct 155 54756 Lake Shore Banking Trust Co Cleveland O 500000 Union Savings Loan Co Cleveland O 10 00000 First National Bank San Fran cisco Cal 703335 total 211071 70 Total cash items 211 071 70 15 Interest due and accrued on bonds not included in mar ket value uncollected 65 039 11 17 Cash in hands of agents and in course of transmission 388989 09 Total assets of the company actual cash market value 5308823 34 IIILiabilities 1 Losses due and unpaid 107 993 78 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 192 275 73 3 Losses resisted including interest costs and other expenses thereon 14 901 00 4 Total gTOss amount of claims for losses 315170 51 5 Deduct reinsurance thereon 98 980 43 6 Net amount of unpaid losses 216 190 08 7 Gross premiums without any deduction received and receivable upon all unexComptrollerGenerals Beport 311 pired fire risks running one year or less from date of policy 135645544 un earned premiums fifty per cent 678227 72 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 249612645 unearned premiums pro rata 1345260 83 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 due and accrued 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Capital deposit 23 Surplus beyond capita 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 2023488 55 10000 00 30000 00 2279678 63 200000 00 2829144 71 368911 51 Net collected 368911 51 Gross premiums on risks written and re newed during the year 3703309 46 Total 4072220 97 Deduct premiums and bills in course of collection at this date 392377 63 Entire premiums collected during the year 3679843 34 Deduct reinsurance and return premiums 1544588 74 9 10 11 Net cash actually received for premiums carried out Eeceived for interest on bonds and mortgages Eeceived for interest and dividends on stocks and bonds collateral loans and from all other sources 2135254 60 14444 04 202761 20312 ComptrollerGenerals Eepobt 12 Income received from all other sources omitting increase if any in value of securities viz Rents 243185 agents balances previously charged off 2500 total 2450 85 14 American branches of foreign companies will please re port amount of remittances from home office during year 29045 00 15 Aggregate amount of income actually received during the year in cash 2383961 09 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 26456852 losses occurring in previous years 1715779 93 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1132889 and all amounts actually received for reinsur ance in other companies 47665130 total deductions 487980 19 Net amount paid during the year for losses 1227799 74 6 Paid for commissions or brokerage 465140 72 7 Iaid 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 Gross loss on sale or maturity of ledger assets 561600 gross decrease by adjustment in book value of ledger assets 27976801 miscellaneous 11868061 total 10 American branches of foreign companies will please re port amount sent to home office during the year 190851 13 87388 98 401064 62 252197 37 Aggregate amount of actual expenditures during the year in cash 2627442 56 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the isi day r December489853849 00 4740317 74 2 Written or renewed during the year 382921269 10 3703309 46 Excess of original premiums over amount received for reinsurance 2667 85 4 Total872775118 00 8440295 05 5 Deduct those expired and marked off as terminated 336155760 00 3312044 09 6 In force at the end of the year536019358 00 5134250 96Ji ComptbolleeGeneeals Bepoet 313 7 Deduct amount reinsured 144892823 00 1281069 07 8 Net amount in force 391726535 00 3852581 89 Business in the State of Georgia During the Year Fire risks written 4002890 00 Premiums received gross 4950911 Losses paid 24751 52 Losses incurred 27948 76 it j SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CONN John W Ailing President Victor Roth Secretary Principal Office Cor Elm and Church Streets New Haven Conn Attorney for Service in Georgia Dan B Harris 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 less1 the amount of incumbrances thereon 221025 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 257200 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 2557 38 4 Value of lands mortgaged exclusive of build ings and perishable improvements 259285 00 5 Value of buildings mortgaged insured for 19060000 as collateral 240895 00 6 Total value of said Mortgaged premises carried inside 500180 00 8 Total par and market value of all said stosks and bonds owned absolutely by the company carried out at market value 2807483 25 11 Total par and market value and amount loaned thereon 125450 00 12 Cash in companys principal office 14184 30 13 Cash belonging to the company deposited in bank 127114 32 Total 14129862 15 interest due and accrued on bonds not included in market value uncollected 34186 59 10 Interest due and accrued on collateral loans and uncollected 735 99314 ComptrollerGenerals Report 17 Cash in hands of agents and in course of transmission agency 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 paid Cash in hand of special agents advances Cash deposited with Philadelphia underwriters association Total assets of the company actual cash market value IIILiabilities 1 Losses due and unpaid 63342 19 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 106313 31 3 Losses resisted including interest costs and other expenses thereon 23 627 59 311760 59 11726 66 1796 29 800 00 100 00 3916120 37 4 Total gross amount of claims for losses 253283 09 5 Deduct reinsurance thereon 59 241 46 6 Net amount of unpaid losses 7 Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or loss from date of policy 1018385 79 un earned premiums fifty per cent 509192 90 8 Gross premiums without and deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 226707421 unearned premiums pro rata 1235090 31 194041 63 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 eon tested viz interest accrued on payments for new stock 1744283 21 34275 47 8232 75 Total 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 1975833 06 1000000 00 940287 31 1940287 316 8 9 10 11 12 15 CompteolleeGeneeals Eepobt IVIncome During the Year Deduct premiums and bills in course of collection at this date 2725963 37 Deduct reinsurance and return premiums 910652 79 315 Net cash actually received for premiums carried out 1815310 58 Received for interest on bonds and mortgages 8044 71 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 91192 01 Income received from all other sources omitting increase if any in value of securities viz rents 800000 460300 39 Aggregate amount of income actually received during the year in cash 2374847 69 VExpenditures During the Year Gross amount actually paid for losses in cluding 21869745 losses occurring in previous years Deduct all amounts actually received for salvages whether on losses of the last or of previous year 538107 and all amounts actually received for reinsurance in other companies 20971278 total deduction discount 145861 1136941 16 216552 46 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 920388 70 84000 00 388921 41 181163 78 73844 55 288231 00 Aggregate amount of actual expenditures during the year in cash 1936549 44 VIRisks and Premiums Fire Risks Premiums Thereon 1 force December 31 1910304328263 00 3358563 49 2 Written or renewed during the year 235985944 00 2725963 37 4 Totas 540314207 00 G084526 86316 ComptrollerGenerals Report 5 Deduct those expired and marked off as terminated 181827756 00 2165737 56 6 In force at the end of year 1911358486451 00 3918789 30 7 Deduct amount reinsured 52585445 00 633329 30 8 Net amount in force December 31 1911 305901006 00 3285460 00 Business in the State of Georgia During the Year Fire risks written 2233237 00 Premiums received gross 33973 11 Losses paid 20244 09 Losses incurred 22560 71 SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS GA Billups Phinizy President A E Griffith Secretary Principal Office College AV6 and Clayton Streets Athens Ga ICapital A mutual company no capital stock market value of assets 1133571 60 IIAssets 1 Market value of real estate owned by the company loss the amount of incumbrances thereon 265000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 811640 00 L3 Cash belonging to the company deposited in banks viz National Bank of Ath ens 155356 Georgia National Bank of Athens 211849 total 3672 05 Total cash items 1672 05 15 Interest due and accrued on stocks not included in mar ket value uncollected 1 6557 50 17 Cash in hands of agents and in course of transmission 6702 Oo Total assets of the company actual cash market value 1133571 00 mLiabilities 7 Cross premiums without any deduction received and receivable upon all unex pired fire risks running one year or lessComptrollerGenerals Beport 317 JH d i ll 15 20 23 24 from date of policy 36342427 un earned premiums fifty per cent 181712 13 Total unearned premiums as computed above carried out Dividends declared and remaining unpaid or uncalled for scrip outstanding Total amount of all liabilities except capital stock scrip and net surplus Surplus beyond capital and all other liabilities Aggregate amount of all liabilities including capital paid up and net surplus 181712 13 140249 97 321962 10 811609 50 1133571 60 IVIncome During the Year Entire premiums collected during the year cash Deduct return premiums 368606 07 5181 80 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 Rents 1460626 profit and loss 200257 total Aggregate amount of income actually received during the year in cash VExpenditures During the Year Gross amount actually paid for losses in cluding 419027 losses occurring in previous years 103556 53 Net amount paid during the year for losses Scrip or certificates of profits redeemed in cash Paid for commissions 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 Expenses Aggregate amount of actual expenditures during the year in cash 363424 27 34031 20 16608 83 414064 30 103556 53 205663 11 54512 79 20400 00 5248 95 5226 18 394607 56318 ComptrollerGenerals Report VIBisks anil Premiums Pire Risks Premiums Thereon In force on the 31st day of December 1910 36852547 00 2 Written or renewed during 1911 39823228 00 363424 27 3 Total 76675775 00 4 Deduct those expired and marked off as terminated in 1911 38672875 00 5 Tn force at end of year 1911 38002900 00 7 Net amount in force 38002900 00 8 Greatest amount insured in any one risk 10 000 00 Business in the State of Georgia During the Year Fire risks written 3923228 00 Premiums received gross 353 424 27 Losses paid 103556 53 Losses incurred 99j366 26 SOUTHERN STATES FIRE INSURANCE CO OF ATHENS GA H S West President j T Dudley gecretary Principal Office Cor College Avenue and Clayton Street Athens Ga ITAssets 13 ash belonging to the company deposited in bank Citizens Bank Trust Co 477 95 Athens Trust Banking Co 389 77 0tal 867 72 17 Cash 111 hands of agents and in course of transmission 1249 43 18 Bill receivable not matured taken for fire marine and inland risks 564 69 All other assets both real and personal visfixtures 25470 supplies 7810 332 80 Directors note for protection of policyholders 3 000 00 Total assets of the company actual cash market value 6014 64 11 rInabilities J dross losses in process of adjustment or in suspense including all reported and supposed losses 1 400 00CoMPTROLLERGrENERAls BePORT 319 Losses resisted including interest costs and other expenses thereon 1400 00 Total gross amount of claims for losses Net amount of unpaid losses Gross premiums without and deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 94113 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 273680 un earned premiums pro rata 1400 00 470 56 1729 80 0 00 11 18 24 1 2 3 4 Total unearned premiums as computed above carried out Amount of borrowed money Total 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 it Deduct amount of same not collected Net collected 3 Gross premiums on risks written and renewed during the year 3395 90 384 30 3011 60 3632 93 Total 6644 53 Deduct premiums and bills in course of collection at this date 1814 12 V r nil 8 Entire premiums collected during the year Cash 174005 notes 309036 4830 41 Deduct reinsurance and return premiums 307 09 9 15 Aggregate amount of income actually received during the year in casih VExpenditures During the Tear Gross amount paid for losses 1400 00 2200 36 385 70 3986 06 3986 06 Net cash actually received for premiums carried out 4523 32 4523 32 1088 00320 ComptrollerGenerals Report 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 Paid for state national and local taxes in this and other states 9 All other payments and expenditures viz supplies etc 10875 express 20500 rent 12500 Aggregate amount of actual expenditures during the year in cash 108 03 1167 57 850 00 206 50 235 50 3655 60 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1910 185685 00 2 Written or renewed during 1911 153825 00 3 Total 339510 00 4 Deduct those expired and marked off as terminated in 1911 83605 00 5 In force at end of year 1911 255905 00 7 Net amount in force 255905 00 8 Greatest amount insured in any one risk 3971 65 3011 10 6992 75 1000 00 Business in the State of Georgia During the Year Fire risks written 153825 00 Premiums received gross 3632 93 Losses paid 1088 00 Losses incurred 1400 00 SPRINGFIELD FIRE MARINE INSURANCE COMPANY OF SPRINGFIELD MASSACHUSETTS A YV Damon President W J Maekay Secretary Home Office 195 State Street Springfield Mass Attorney for Service in Georgia JanieS L Dickey Jr ICapital Stock 1 Amnmii di capital paid up in cash2000000 00jjf CompteolleeGenebals Eepobt 321 Amount of ledger assets as per balance December 31 of previous year 9331701 72 Extended at 31701 72 IIIncome Gross premiums 7141174 76 Deduct gross amount paid for reinsurance fire 899627 81 return premiums fire 99691855 1896546 36 Total premiums other than perpetual 5244628 40 Gross interest on mortgage loans 61320 88 Gross interest on collateral loans 383 32 Gross interest on bonds and dividends on stocks less 38828 accrued interest on bonds 329032 22 Gross interest on deposits in trust com panies and banks 3220 23 Gross rents from companys property including 1500000 for companys occupancy of it own buildings 15000 00 Total gross interest and rents 408956 65 From other sources recovery on Portland Oregon real estate charged profit and loss 1907 300 00 From agents balances previously charged off 2191 33 Gross profit on sale or maturity of ledger assets viz stocks 15472 40 Total income 5671548 78 IIIDisbursements Gross amount paid policyholders for losses including 51585092 occurring in pre vious years 3728385 11 Deduct amount received for salvage fire 2792032 reinsurance fire 68938937 discount fire 19940 717509 09 Net amount paid policyholders for losses 3010876 02 Expenses of adjustment and settlement of losses 38782 43 Commissions or brokerage 993406 76 Allowances to local agencies for miscellaneous agency expenses 32232 05 Salaries 17769626 and expenses 10917308 of special and general agents 286869 34 Salaries fees and all other charges of officers directors trustees and home office employees 300591 30322 ComptrollerGenerals Report 9 Rents including 1500000 for companys occupancy of its own buildings 31900 08 10 Advertising 2138745 printing and stationery 51 33851 72725 96 11 Postage telegrams telephone and express 24968 65 12 Legal expenses 6143 75 13 Furniture and fixtures 5243 79 14 Maps including corrections 16871 77 15 Underwriters boards and tariff associations 53057 71 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses 34985 30 17 Inspections and surveys 37017 74 18 Repairs and expenses other than taxes on real estate 960 49 19 Taxes on real estate 4644 75 20 State taxes on premiums 86025 57 21 Insurance department licenses and fees 24326 79 22 All other licenses fees and taxes federal corporation tax 94731 Massachusetts franchise tax 286940 county and municipal taxes 1993146 23748 17 23 Other disbursements mercantile reports bonds fuel light and all other expenses 1187582 interest paid Municih Reinsurance Co per contract 927840 21154 22 34 Paid stockholders for interest or dividends amount declared during the year 20000000 200000 00 38 Agents balances charged off 1196 03 39 Gross loss on sale or maturity of ledger assets vizstocks 1418 50 40 Gross decrease by adjustment in book value of ledger assets viz stocks 9062 80 41 Total disbursements 5318810 97 IVLedger Assets 1 Book value of real estate 300000 00 2 Mortgage loans on real estate 1440595 00 4 Book value of bonds 101566744 and stocks 552877403 6544441 47 5 Cash in companys office 877 71 6 Deposits in trust companies and banks not on interest 376796 88 7 Deposits in trust companies and banks on interest 134899 87 8 Agents balances representing business written subsequent to Oct 1 1911 879366 05 9 Agents balances representing business writ ten prior to October 1 1911 7462 55 16 Total ledger assets as per balance9684 439 5317 18 24 26 30 34 1 2 11 18 19 84 CompteolleeGenebals Eepoet 323 NonLedger Assets Interest accrued 3131136 on mortgages 31311 36 Interest accrued 1842328 on bonds 18423 28 Total 49734 64 Market value not including interest in item 18 of bonds and stocks over book value 681136 03 Gross assets10415310 20 Deduct Assets not Admitted Agents balances representing business written prior to October 1 1911 7462 55 VLiabilities Gross losses adjusted and unpaid not yet due 80048 03 Gross claims for losses in process of adjust ment or in suspense plus 2058422 reserved for losses incurred prior to Dec 31 of which no notice had been received on that date 423317 24 Gross claims for losses resisted 33747 60 Total 537U2 87 Deduct reinsurance due or accrued 85897 23 Net amount of unpaid losses and claims 451215 64 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 349891727 un earned premiums fifty per cent 1749458 64 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 574241412 unearned premiums pro rata 3041339 76 Total unearned premiums as computed above 4790798 40 Salaries rents expenses bills accounts fees etc due oraccrued 8526 76 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 50000 00 Funds held for Munich Reinsurance Co under treaty 231960 04 324 ComptrollerGenerals Report 25 Interest accrued on above 4639 20 26 Total amount of all liabilities except capital 5537140 04 27 Capital actually paid up in cash 2000000 00 28 Surplus over all liabilities 2870707 61 29 Surplus as regards policy holders 4870707 61 30 Total liabilities 10407847 65 VIRisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1910 847269982 00 9781533 90 2 Written or renewed during the year 607828011 00 7141174 76 4 Total 1455124993 00 16922708 66 5 Deduct those expired and marked off as terminated 551651339 00 6642785 05 6 In force at the end of the year903473654 00 10279923 61 7 Deduct amount reinsured 90041195 00 1038592 22 8 Net amount in force 813432459 00 9241331 39 Business in the State of Georgia During the Year Fire risks written 4594294 00 Premiums received 85777 Losses paid 46630 77 Losses incurred 59213 79 ST PAUL FIRE MARINE INSURANCE CO OF ST PAUL MINN F R Bigelow President A W Perry Secretary Principal Office Corner 5th 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 290826 17 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 585390 00 SComptrollerGeneral s Report 325 3 Interest due on all said bond and mortgage loans 1 82263 interest accrued thereon 633329 total 8155 92 4 Value of lands mortgaged exclusive of buildings and perishable improvements 487000 00 5 Value of buildings mortgaged insured for 65420000 as collateral 1068400 00 6 Total value of said mortgaged premises carried inside 1555400 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 5939901 62 12 Cash in companys principal office 429 47 13 Cash belonging to the company deposited in banks viz National German Ameri can Bank and Merchants National Bank of St Paul Minn Astor Trust Co of New York and Roberts Lub bock Co London Eng 336029 19 Total cash items 336458 66 15 Interest due and accrued on stocks not included in mar ket value uncollected 46077 09 17 Cash in hands of agents and in course of transmission 560959 95 18 Bill receivable not matured taken for fire marine and inland risks 171226 77 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid Due from St Louis Fire Insurance Co secured by securities under deed of trust due from Century Fire Insurance Co secured by 2214365 from notes not due and due from reinsurance companies for return premiums and on losses paid 93868 51 Total assets of the company actual cash market value 8032864 69 IIILiabilities 1 Losses due and unpaid 65122 87 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 356703 07 3 Losses resisted including interest costs and other expenses thereon 23880 00 4 Total gross amount of claims for losses 445705 94 5 Deduct reinsurance thereon 48617 32 6 Net amount of unpaid losses 397088 62326 ComptrollerGenerals Eeport 7 Gross premiums without a 113 deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 187169800 un earned premiums fifty per cent 935849 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 656320100 unearned premiums pro rata 3427287 53 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 604 78220 302391 10 11 Total unearned premiums as computed above carried out 4665527 63 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz State city county or other taxes and assessments 9000000 commissions brokerage and other charges due and to become to agents and brokers on premiums paid and in course of collection 6 49757 reinsurance 2434808 total 120845 65 20 Total amount of all liabilities except capital stock scrip and net surplus 5183461 90 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 2349402 79 24 Aggregate amount of all liabilities including capital paid up and net surplus 8032864 69 IVIncome During the Year Fire Marine Inland 4 Gross premiums on risks written and renewed dur ing the year 5513848 90 1919421 39 7 Entire premiums collected during the year 5513848 90 191942139 8 Deduct reinsurance and re turn premiums 1130977 58 726427 84 9 Net cash actually received for premiums carried out 4382871 32 1192993 55 5575864 87 10 Receivedfor interest on bonds and mortgages 28 363 85CoMPTROLLERGtENERAls REPORT 327 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 Reinsurance on losses previously charged off 1621 conscience money 57136 increase in liabilities on account of reinsur ance treaties 2434808 sale of bonds 250000 agents balances previously charged off 32905 total 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Fire Marine Inland 1 Gross amount actually paid for losses including 30291824 losses occur ring in previous years 2436616 59 1150458 58 2 Deduct all amounts actu ally received for salva ges whether on losses of the last or of previ ous year 7422439 and all amounts actually re ceived for reinsurance in other companies 728 49010 discount 1 69614 total deductions 295278 13 509132 50 275748 99 27764 70 Net amount paid during the year for losses 2141338 46 641326 08 2782664 54 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 60000 00 6 Paid for commissions or brokerage 1426476 78 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 273082 31 8 Paid for State national and local taxes in this and other States 147909 74 9 All other payments and expenditures 235024 58 Aggregate amount of actual expenditures during the year in cash 4925157 95 Business in the State of Georgia During the Year Fire marine and inland risks written 7189566 00 Premiums received gross 86157 27 Losses paid 63779 92 Losses incurred 62588 35328 ComptrollerGenerals Report STANDARD FIRE INSURANCE COMPANY OF HARTFORD CONN M L Hewes President H B Anthony Secretary Home Office 803 Main Street Hartford Connecticut W A Wright 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 1034352 86 4 Extended at 1034352 86 IIIncome 5 Gross premiums 446793 81 6 Deduct gross amount paid for reinsurance fire 7909169 return premiums fire 7243271 total 151524 40 7 Total premiums other than perpetual 11 Gross interest on bonds and dividends on stocks less 33985 accrued interest on bonds acquired during 1911 12 Gross interest on deposits in trust com panies and banks 295269 41 40335 15 779 57 15 Total gross interest and rents 28 Total income IIIDisbursements 1 Gross amount paid policyholders for losses including 953355 occurring in previ ous years 128029 31 2 Deduct amount received for salvage fire 189759 reinsurance fire 2907757 total 30975 16 3 Net amount paid policyholders for losses 4 Expenses of adjustment and settlement of losses 5 Commissions or brokerage 8205251 less commissions on return premiums and reinsurance premiums 19 75538 6 Allowances to local agencies for miscellaneous expenses 7 Salaries 1106841 and expenses 1239970 of special and general agents 8 Salaries fees and all other charges of officers directors trustees and home office employees 41114 72 336384 13 97054 15 1515 79 62297 13 588 29 23468 11 18123 11CompteolleeGenebals Repoet 329 8 Traveling expenses home office 9 Rents including companys occupancy of its own build igs 10 Advertising 85492 printing and stationery 539275 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 20 State taxes on premiums 21 Insurance department licenses and fees 22 All other licenses fees and taxes viz Certificates from Connecticut insurance department 6600 notarial fees 1225 total 23 Other disbursements viz Capital stock tax 32 Decrease in liabilities during year on account of rein surance treaties 40 Total disbursements 2019 03 1533 36 6247 07 2993 62 581 50 1123 14 3863 95 1974 16 1697 46 3447 72 4026 20 3744 50 78 25 9000 00 9000 00 245377 14 IVLedger Assets 4 Book value of bonds 91456218 and stocks 9095400 total 5 Cash in companys office 222 91 7 Deposits in trust companies and banks on interest 52260 79 Total 8 Agents balances representing business written subse quent to October 1 1911 9 Agents balances representing business written prior to October 1 1911 1005516 68 52483 70 67335 17 24 30 16 Total ledger assets 1125359 85 NonLedger Assets 18 Interest due 388000 and accrued 700096 on bonds 10880 96 25 Other nonledger assets viz Office furniture and fix tures including Sanborn maps cost 1447788 10000 00 28 Gross assets 1146240 81 31 Furniture fixtures and safes including maps Deduct Assets not Admitted 10000 00330 ComptrollerGenerals Report 32 Agents balances representing business written prior to October 1 1911 24 30 36 Book value of ledger assets over market value 15837 68 Total 39 Total admitted assets 25861 98 1120378 83 VLiabilities 2 Gross claims for losses in process of ad justment or in suspense plus 166541 reserve for losses incurred prior to De cember 31st of which no notice had been received on that date 17258 72 4 Total 5 Deduct reinsurance due or accrued in com panies authorized in Indiana 17258 72 11 22 6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 190 24816 unearned premiums fifty per cent 95124 08 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 16079260 unearned premiums pro rata 121305 60 11 Total unearned premiums as computed above 18 Salaries rents expenses bills accounts fees etc due or accrued 19 Federal State county and municipal taxes hereafter payable on premiums 29 Surplus as regards policyholders 17244 50 216429 68 928 65 5000 00 26 Total amount of all liabilities except capital 239602 S3 27 Capital actually paid up in cash 500000 00 28 Surplus over all liabilities 380776 00 880776 00 30 Total liabilities 1120378 83 Jr ComptrollebGenerals Eepokt 331 VIRisks and Premiums Fire Eisks Premiums Thereon 3 In force on the 31st day of December 20309166 00 183848 33 2 Written or renewed during the year 50284520 00 446793 81 4 Total 70593686 00 630642 14 5 Deduct those expired and marked off as terminated 20660517 00 192083 48 6 In force at the end of the year 49933169 00 438558 66 7 Deduct amount reinsured 9596085 00 87517 90 8 Net amount in force 40337084 00 351040 76 SUN INSURANCE OFEICE OF LONDON ENGLAND J J Guile Manager Principal Office 54 Pine Street New York City Attorney for Service in Georgia J T Fitten 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 25000 00 5 Value of buildings mortgaged insured for 1000000 as collateral 17500 00 277500 00 25000 00 208 33 6 Total value of said mortgaged premises carried inside 42500 00 8 Total par and market value of all said stocks and bonds owned absolutely by the company carried out at market value 12 Cash in companys principal office 710 93 13 Cash belonging to the company deposited in bank 277800 44 3417449 57 Total cash items 278511 37 15 Interest due and accrued on stocks not included in market value uneollected 42426 61 17 Cash in hands of agents and in course of transmission 474096 19 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 1523 62332 ComptbolleeGenebals Repoet Contingent commissions 2505 04 Total assets of the company actual cash market value 4519220 73 IIILiabilities 1 Losses due and unpaid 87860 67 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 202731 63 3 Losses resisted including interest costs and other expenses thereon 5900 00 4 Total gross amount of claims for losses 296492 30 5 Deduct reinsurance thereon 31571 71 6 Net amount of unpaid losses 264920 59 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 191443105 un earned premiums fifty per cent 957215 53 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 345106926 unearned premiums pro rata 1817710 55 11 Total unearned premiums as computed above carried out 2774926 08 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 5995 19 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz federal state and other taxes estimated 66 21187 return and reinsurance premiums 4194279 con tingent commissions 2104425 129 198 91 Total 3175040 77 23 Surplus beyond capital and all other liabilities 1344 179 96 24 Aggregate amount of all liabilities including capital paid up and net surplus 4519220 73 IVIncome During the Year 4 Gross premiums on risks written and renewed during the year 4162757 37 8 Deduct reinsurance and return premiums 1314967 00 9 Net cash actually received for premiums carried out 2847790 37 10 Eeceived for interest on bonds and mortgages 1 250 00ComptrollerGeneeals Eepoet 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 1197140 profit on sale of ledger assets 291825 14 American branches of foreign companies will please report amount of remittances from home office during year 15 Aggregate amount year in cash income actually received during the 333 147575 89 14889 65 118747 90 3130253 81 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 26099360 losses occurring in previous years 1828874 78 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 2075813 and all amounts actually received for reinsurance in other companies 35393669 total deductions 374694 82 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 advertising print ing and stationery miscellaneous agency expenses fire department assessments inspections surveys fees etc 10 American branches of foreign companies will please report amount sent to home office during the year Aggregate amount of actual expenditures during the year in cash VIRisks and Premiums 1 In force on the 31st day of December 1910 534300025 00 2 Written or renewed during the year 384956062 00 3 Excess of original premiums over amount received for reinsurance 4 Total 919256087 00 5 Deduct those expired and marked off as terminated 350974850 00 1454179 96 628051 80 231531 62 86076 11 255375 29 359772 98 3014987 76 5621767 74 4162757 37 2015 39 3850501 79334 ComptrollerGenerals Report 6 In force at end of year 568281237 00 5936038 71 7 Deduct amount reinsured 54528705 00 570538 40 8 Net amount in force513752532 00 5365500 31 Business in the State of Georgia During the Year Fire risks written 3569072 00 Premiums received gross 54093 99 Losses paid 23496 38 Losses incurred 37042 76 SUN FIRE INSURANCE COMPANY OF NEW ORLEANS LA Fergus G Lee President William P Maus Secretary Thos G Whitset 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 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 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1117705 00 12 Cash in companys principal office 62 41 13 Cash belonging to tlie company deposited in banks viz CanalLouisiana Bank Trust Company 857574 New Orleans National Bank 42808 Nat ional City Bank 48498 Whitney Central National Bank 20000 Hiber nia Bank Trust Company 20000 Citizens Bank Trust Company of Louisiana 20000 total 10088 80 Total cash items 10 151 21ComptrollekGenebals Eepobt 335 All other assets both real and personal viz Premiums in course of collection 3957129 less over three months due 45000 total 39121 29 Total assets of the company actual cash market value 1209677 50 IIILiabilities 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses theTeon 4358 83 43500 76 637 50 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 48497 09 8116 50 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 39117009 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 54277643 unearned premiums pro rata 195585 04 281925 89 11 Total unearned premiums as computed above carried out 14 Amount of dividends declared but not yet due 15 Dividends declared and remaining unpaid or uncalled for 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 Eeserve for taxes not yet due 200000 reserve for unpaid reinsurance 81467 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 pa up and net surplus id 40380 59 477510 93 15000 00 290 00 47000 00 2814 67 582996 19 500000 00 126681 31 1209677 50336 ComptrollerGenerals Report IVIncome During the Year Fire Marine Inland I 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 55533 97 3 Net collected 55533 97 4 Gross premiums on risks written and renewed dur ing the year 907032 21 16547 71 5 Total 962566 18 6 Deduct premiums and bills in course of collection at this date 39121 29 16547 71 7 Entire premiums collected during the year cash 93999260 923444 89 8 Deduct reinsurance and re turn premiums 302121 43 9 Net cash actually received for premiums carried out 621323 46 16547 71 3363 93 13183 78 634507 22 139 C4 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 42 241 95 12 Income received from all other sources omitting increase if any in value of securities viz Rents 300000 bills receivable 150 bills payable 12000000 profit and loss account 8500 total 123 086 50 15 Aggregate amount of income actually received during the year in cash 799 33 VExpenditures During the Year Fire Marine Inland 1 Gross amount actually paid for losses including 94 63367 losses occurring in previous years 474516 71 9992 93 2 Deduct amounts actually received for salvages whether on losses ofCompteollebGeneeals Eepoet 337 the last or of previous year 249414 and all amounts actually re ceived for reinsurance in other companies 66 75824 total deductions 67306 14 1960 74 Net amount paid during the year for losses 407210 57 8032 19 415242 76 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 15 00000 25240 00 6 Paid for commissions or brokeragen4 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 40108 01 8 Paid for State national and local taxes in this and other States oaqo qr 9 All other payments and expenditures 13408075 Aggregate amount of actual expenditures during the year B B 798433 79 in cash VIBisks and Premiums Pire Risks Premiums Thereon 1 In force on the 31st day of December79031185 00 1114100 87 2 Written or renewed during the year 61946237 00 907032 3 Total 140977422 00 2021133 08 4 Deduct those expired and marked off as terminated 63535994 00 926612 08 5 In force at end of the year 77441428 00 1094521 00 6 Deduct amount reinsured 9469399 00 160574 48 7 Net amount in force 67972029 00 933946 52 Business in the State of Georgia During the Year Pire marine and inland risks written 2428330 25 50 433 99 Premiums received gross I pald Losses incurred 338 ComptrollerGenerals Report SVEA FIEE LIFE INSURANCE CO LTD OF GOTHENBURG SWEDEN M L Duncan United States Manager Principal Office in United States 100 William Street New York City Attorney for Service in Georgia Dan B Harris Atlanta Oa ICapital 1 Whole amount of deposit 210000 00 IIAssets 8 Total par and market value of all said stocks and bonds owned absolutely by the company carried out at market value 1079530 00 12 Cash in companys principal office 107 62 13 Cash belonging to the company deposited in banks New Tork Trust Co 90 36470 National Nassau Bank N Y 7 07123 Crocker National Bank San Fran cisco 1709724 114533 17 Total cash items 114640 79 14 Amount of installment notes upon which policies have been issued 34770 10 15 Interest due and accrued on bonds not included in market value uncollected nonledger assets 13124 60 17 Cash in hands of agents and in course of transmission 108437 77 18 Bill receivable not matured taken for Are marine and inland risks 907 66 Total assets of the company actual cash market value 1351410 92 IIILiabilities 1 Losses due and unpaid 11238 10 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 70223 28 3 Losses resisted including interest costs and other expenses thereon 8228 44 4 Total gross amount of claims for losses 89689 82 5 Deduct reinsurance thereon 19295 33 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 42566905 un earned premiums fifty per cent 212834 52 70394 49CompteolleeGenebals Eepoet 339 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 81876104 unearned premiums pro rata 428816 69 11 Total unearned premiums as computed above carried out 641004 21 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 3729 53 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz accrued taxes 11849 38 Total 726977 61 21 Capitaldeposit 210000 00 23 Surplus beyond capital deposit and all other liabilities 414433 31 24 Aggregate amount of all liabilities including capital paid up and net surplus 1351410 92 IVIncome During the Year 2 Ledger assets Dec 31 1910 1362104 33 4 Gross premiums on risks written and renewed during the year 934565 23 8 Deduct reinsurance and return premiums 255653 42 9 Net cash actually received for premiums carried out 678911 81 11 Beceived for interest and dividends on stocks and bonds collateral loans and from all other sources 43436 80 12 Dicome received from all other sources omitting increase if any in value of securities viz refund N Y state franchise tax 63834 profit on sale of bonds 44559 1083 83 15 Aeereeate amount of income actually received during the yearincash 723432 44 VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 6651353 losses occurring in pre vious years 429516 15 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 360968 and all amounts actually received for reinsurance in other companies 2725752 total deductions 30867 20340 ComptrollerGenerals Report Net amount paid during the year for losses 398648 95 6 Paid for commissions or brokeragei 185464 19 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 51820 27 8 Paid for state national and local taxes in this and other states 23695 15 9 All other payments and expenditures viz loss expenses 1142331 rent 420000 advertising and stationery 550984 postage telegraph and express 186019 le gal expenses 76277 furniture and fixtures 64898 maps 119940 board assessments 877063 inspec tion and survey 289332 bank exchange 26756 H O expenses 95766 miscellaneous expenses 182218 40315 83 Aggregate amount of actual expenditures during the year cash 699944 39 Balance 1385592 38 VIBisks and Premiums Fire Risks Premiums Thereon 1 In force December 31 1910103937796 00 131268007 2 Written or renewed in 1911 75902954 00 934565 23 3 Excess of original premiums over amount received for reinsurance 842 814 81 4 Totals 179840750 00 2247245 30 5 Deduct expirations and cancellations 71437788 00 901547 27 6 In force December 31 1911 108402962 00 1345698 03 7 Deduct amount reinsured 9354256 00 101267 94 8 Net amount in force 99048706 00 1244430 09 UNION MARINE INSURANCE CO LTD OF LIVERPOOL ENGLAND F Hermann Co U S Managers Principal Office in U S 3743 Wall Street New York Carleton 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 00ComptrollerGenerals Beport 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 bank viz Bank of New York 7262 66 Total cash items 15 Interest due and accrued on stocks not included in mar ket value uncollected 17 Cash in hands of agents and in course of transmission 18 Bill receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Cash de posit State Massachusetts 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 153544 79 3 Losses resisted including interest costs and other expenses thereon 19312 21 4 Total gross amount of claims for losses 172857 00 5 Deduct reinsurance thereon 34183 66 6 Net amount of unpaid losses 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 196128 unearned premiums pro rata 785 76 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 157529 59 10 Gross premiums without any deduction received and receivable on all unex pired marine risks 21372 14 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 341 550715 00 7262 66 5920 00 150861 19 1937 50 445 35 717141 70 138673 34 179687 49 500 00342 ComptrollerGenerals Report 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Payable for State and other 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 4 Gross premiums on risks written and re newed during the year 1764578 00 8 Deduct reinsurance and return premiums 898082 07 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 11974246 losses occurring in previous years 1112853 32 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 8417302 and all amounts actually received for rein surance in other companies 49163804 total deductions 575811 06 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 Agents bal ances charged off 202226 insurance licenses and fees 459448 advertising and stationery 641985 postage telegrams etc 205273 underwriters boards 214104 etc total 10 American branches of foreign companies will please re port amount sent to home office during the year Aggregate amount of actual expenditures during the year in cash 20000 00 338860 83 200000 00 178280 87 717141 70 9 Net cash actually received for premiums carried out 866495 93 10 Received for interest on bonds and mortgages 22 066 06 888561 99 537042 26 192337 49 10984 96 25173 43 18921 26 12312 80 796772 20ComptrollerGenerals Eeport 343 VIRisks and Premiums Marine Risks Premiums Thereon L In force on the 31st day of December 28821024 00 529914 08 2 Written or renewed during the year 396587208 00 1764578 00 4 Total 425408232 00 2294492 08 5 Deduct those expired and marked off as terminated 392956922 00 1682841 21 6 In force at the end of the year 32451310 00 611650 87 7 Deduct amount reinsured 12550627 00 273258 26 8 Net amount in force 19900683 00 338392 61 Business in the State of Georgia During the Year Marine and inland risks written 4034628 00 Premiums received gross Losses paid Losses incurred 11721 40 3578 34 3578 34 UNITED FIREMENS INSURANCE CO OF PHILADELPHIA PA Robert B Beath President Henry A Enabe Secretary Principal Office 419 Walnut Street Philadelphia Pa Attorney for Service in Georgia Robert N Hughs ICapital 1 Whole amount of capital stock 400000 00 2 Amount paid up in cash 400000 00 IIAssets 1 Market value of real estate owned by the company less1 the amount of incumbrances thereon 86900 00 2 Loans on bond and mortgage duly recorded and beisg first liens on the fee simple 222782 00 3 Interest due on all said bonds and mortgage loans 3000 interest accrued thereon 293231 2962 31 4 Value of lands mortgaged exclusive of buildings and perishable improvements 196600 00 5 Value of buildings mortgaged insured for 218200 as collateral 296450 00 6 Total value of said mortgaged premises carried inside 493050 00344 ComptrollerGenerals Report 8 Total par and market value of all said stocks and bonds owned absolutely by the company carried out at market value 1315099 50 11 Total par and market value and amount loaned thereon 380000 12 Cash in companys principal office 60720 13 Cash belonging to the company deposited in I 6441543 Total 65022 63 Total cash items 65j022 63 15 interest due and accrued on stocks not included in market value uncolleeted ig 4g3 g9 10 Interest due and accrued on Collateral loans and uncolleeted 32 19 17 Cash in hands of agents and in course of transmission 59829 54 All other assets both real and personal as per schedule attached viz rents due and accrued 1666 16 66 Interest accrued on bank deposits 183 75 Total assets of the company actual cash market value 1775112 20 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 32431 13 3 Losses resisted including interest costs and other expenses thereon 250 00 4 Total gross amount of claims for losses 32681 13 5 Deduct reinsurance thereon 3 088 54 6 Net reinsurance thereon 29 592 59 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 22258077 un earned premiums fifty per cent 111290 39 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 23633995 unearned premiums pro rata 147475 84 Unearned on perpetuals 857977 13 11 Total unearned premiums as computed above carried out 1116 743 36 17 Due and accrued for salaries rents advertising and for agency and other miscellaneous expenses 582 91 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz Reserve for taxes accrued 7 138 12 ComptrollerGenerals Report 345 912 19 Reinsurance premiums 20 Total amount of all liabilities except capital stock scrip and net surplus 1154969 17 21 Joint stock capital actually paid up in cash 400000 00 23 Surplus beyond capital and all other liabilities 220143 03 24 Aggregate amount of all liabilities including capital paid up and net surplus 1775112 20 IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year 20601 03 2 Deduct amount of same not collected 19 61 3 Net collected 2581 42 4 Gross premiums on risks written and renewed during the year 424466 37 5 Total 445047 79 6 Deduct premiums and bills in course of collection at this date 112001 81 7 Entire premiums collected during the year 333045 98 8 Deduct reinsurance and return premiums 58760 07 9 Net cash actually received for premiums carried out 274285 91 10 Received for interest on bonds and mortgages 12780 68 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 53533 34 12 Income received from all other sources omitting increase if any in value of securities viz depositson perpetuals 11852 75 13 Received for increase capital subscription 300000 00 From agents balances previously charged off 16 02 Transfers 15 Aggregate amount of income actually received during the 6B s 653614 20 year in cash VExpenditures During the Year 1 Gross amount actually paid for losses in cluding 826837 losses occurring in pre vious years 108262 00 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 180865 and all amounts actually received for reinsurance in other companies 646895 total deductions 8277 60m CoMPTROLLERGrENEftALs EePOKT Net amount paid during the year for losses 99984 40 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 24000 00 6 Paid for commissions or brokerage 74509 88 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 23100 88 8 Paid for state national and local taxes in this and other states 6244 94 9 All other payments and expenditures viz building expenses 276744 adjusting 160979 advertising 2089 93 boards 249859 insurance department 198795 legal expenses 157171 maps 36330 patrol 121501 printing 316775 18271 47 10 Interest on bonds acequired 389050 mortgages acquired 10166 interest on capital 314264 perpetual deposits returned 3050035 maturity of bonds 45200 expenses 659439 44681 54 Aggregate amount of actual expenditures during the year in cash 290799 11 VIBisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 1910 46404846 00 411994 67 2 Written or renewed during 1911 38547085 00 424466 37 3 Total 84951931 00 83646V 04 4 Deduct those expired and marked off as terminated in 1911 26728115 00 279584 54 5 In force at end of year 1911 58223816 00 556876 50 6 Deduct the amount reinsured in other companies 86S0236 00 97955 78 87 7 Net amount in force 49543580 00 458920 72 8 Greatest amount insured in any one risk LjiO 00 Business in the State of Georgia During the Year Fire risks written Premiums received gross Losses paid Losses incurred 373021 U0 5582 04 226 78 226 78 ComptrollerGenerals Eeport 347 UNITED STATES FIRE INSURANCE CO OF NEW YORK CITY N Y Chas A Norris President 0 B Candidas Secretary Principal Office 95 William Street New York City G Arthur Howell Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 400000 00 2 Amount paid up in cash 400000 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 5150 00 3 Interest accrued on all said bond and mortgage loans 150 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market 864005 00 value 12 Cash in companys principal office 34180 13 Cash belonging to the company deposited in banks viz National Bank of Com merce N Y 129262 Peoples Nat ional Bank Hackensack and East River National Bank 4459011 total 45882 73 Total cash items 46224 53 15 Interest due and accrued on stocks not included in mar ket value uncollected 3012 02 AH other assets both real and personal viz Agents balances representing business written subsequent to 1Q1 82048 53 October 1 1911 Total assets of the company actual cash market value 1046940 08 111Liabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 62443 30 3 Losses resisted including interest costs and other expenses thereon 29o 00 4 Total gross amount of claims for losses 62738 30 5 Deduct reinsurance thereon 11517 11 6 Net amount of unpaid losses 51221 19 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 38063028 un earned premiums fifty per eent 190315 14348 ComptrollerGenerals Eeport Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 21905124 unearned premiums pro rata 109525 62 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 Reserve for taxes 20 Total amount of all liabilities except capital stock scrip and net surplus g 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 758016 29 4 Gross premiums on risks written and re newed during the year 8 Deduct reinsurance and return premiums 254906 85 9 Net cash actually received for premiums carried out 4 10 Received for interest on bonds and mortgages 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from all other sources omitting increase if any in value of securities viz Profit on sale of stocks and 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 7381820 losses occurring in previous years 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 476590 and all amounts actually received for reinsur ance in other companies 10013832 total deductions 432516 21 299840 76 500 00 7000 00 358561 95 400000 00 288378 13 1046940 08 503109 44 2372 50 41120 80 7683 75 554286 49 104904 22ComptbolleeGenebals Bepoet 349 Net amount paid during the year for losses 32761 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 expenses 569073 rents 256332 advertising 23855 printing and stationery 164020 postage 110771 legal expenses 52743 underwriters boards and tariff associations 301553 fire departments 1 01101 inspection and surveys 20878 sundry ex penses 86266 loss on security sales 446438 total Aggregate amount of actual expenditures during the year in cash 24000 00 176090 08 19591 73 8167 48 21330 30 576791 58 VIEisks and Premiums Fire Eisks Premiums Thereon In force on the 31st day of December AKKMQ 1910 71392745 00 745507 89 Excess of original premiums over amount received for reinsurance 2 Written or renewed during 1911 73826259 00 3007 34 758016 29 3 Total 145219004 00 4 Deduct those expired and marked off as terminated 81009422 00 5 In force at end of year 1911 64209582 00 6 Deduct the amount reinsured in other companies 7 Net amount in force 54495187 00 1506531 52 830499 79 676031 73 97766 83 578264 90 SUBSCRIBERS AT UNITED STATES LLOYDS NEW YORK N Y A Foster Higgins Herbert Appleton Douglas F Cox under the fire name of Higgins Cox Attorneys for the Subscribers Principal Office 3 South William St New York City N Y ICapital 1 Whole amount of original deposit VAAnn 2 Amount paid up in cash 100000 00350 ComptrollerGenerals Report IIAssets 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 12 Cash in companys principal office 2100 47 13 Cash belonging to the company deposited in banks viz Bank of New York N B A 3181922 Central Trust Co N Y 36745703 Bank of Liverpool 2 22734 Morgan Greenfelt Co Lon don 2302333 Brodrick Leutch Kendall Liverpool 6414 total 424591 06 Total cash items 15 Interest due and accrued on bonds not included in mar ket value uncollected 17 Cash in hands of agents and in course of transmission 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 443649 00 3 Losses resisted including interest costs and other expenses thereon 19171 00 4 Total gross amount of claims for losses 462820 00 5 Deduct reinsurance thereon 215 701 25 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 3200 unearned premiums fifty per cent 16 00 9 Gross premiums without deduction in cluding both cash and bills received and receivable upon all unexpired in land navigation and marine risks 509169 02 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Taxes and expenses 783500 00 426691 53 9483 33 544816 02 1764490 88 247118 75 509185 02 26000 00CoMPTROLLERENERAls EPORT Commissions return premiums reinsurance 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Original deposit actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 496340 18 2 Deduct amount of same not collected 2788 38 3 Net collected 49355180 4 Gross premiums on risks written and re newed during the year 3219712 43 5 Total 3713264 23 6 Deduct premiums and bills in course of collection at this date 542027 64 7 Entire premiums collected during the year 3171236 59 8 Deduct reinsurance and return premiums 1420713 19 351 344121 19 1100424 96 100000 00 564065 92 1764490 88 11 12 15 Net cash actually received for premiums carried outi 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 35496 51 1000 55 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Gross amount actually paid for losses in cluding 38629517 losses occurring in previous years 1882396 79 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 35528839 and all amounts actually received for rein surance in other companies 63656584 total deductions 991854 23 1787020 46 Net amount paid during the year for losses 890542 56352 COMPTEOLLEB GrENERAL s REPORT 4 Cash dividends actually paid subscribers amount of sub scribers dividends declared during the year 50000 00 5 Scrip or certificates of profits redeemed in cash and in terest paid to scripholders loss expense 34323 20 6 Paid for commissions or brokerage 382994 93 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 120489 59 8 Paid for State national and local taxes in this and other States 27364 13 9 All other payments and expenditures 33780 94 Aggregate amount of actual expenditures during the year in cash 1539495 35 VIRisks and Premiums In force on the 31st day of December 92320853 00 830785 69 2 Written or renewed 657276807 00 3219680 43 3 Total 749597660 00 4 Deduct those expired and marked off as terminated 656551061 00 3183325 47 5 In force at end of year 93046599 00 867140 65 6 Deduct the amount reinsured in other companies 47057044 00 357971 63 7 Net amount in force 45989555 00 509169 02 Business in the State of Georgia During the YeaT Marine and inland risks written Premiums received gross Losses paid Losses incurred 9789199 00 19285 87 34889 05 14386 77 VIRGINIA STATE FIRE INSURANCE COMPANY OF RICHMOND VA George L Christian President A H Harris Secretary Principal office Cot Mfiin and 5th Street Richmond1 Va Attorney for Service in Georgia A L Rchardson ICapital 1 Whole amount of capital stock 200 000 00 2 Amount paid up in cash 200000 00ComptrolleeGeneeals Eepoet 353 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 accrued all said bond and mortgage loans 4 Value of lands mortgaged exclusive of build ings and perishable improvementsi 5 Value of buildings mortgaged insured for 4360000 as collateral 57050 00 135250 00 36642 20 530 55 27650 00 6 Total value of said mortgaged premises carried inside 84700 00 8 Total par and market value of all said stosks and bonds owned absolutely by the company carried out at market value 12 Gash in companys principal office 12688 75 13 Cash belonging to the company deposited in banks National State City Bank 333891 National Bank of Va 5150 Savings Bank of Richmond Va 156390 Virginia Trust Co 150608 258882 00 6460 39 Total cash items 15 Interest due and accrued on stocks and bonds not included in market value uncollected 17 Cash in hands of agents and in course of transmission 18 Bill receivable not matured taken for fire marine and inland risks All other assets both real and personal viz due from other companies for reinsurance on losses already paid 19149 14 3882 33 62750 43 1217 94 736 27 Total assets of the company actual cash market value 519040 86 IIILiabilities 1 Losses adjusted and unpaid 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 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex 18978 96 22084 31 14928 33 55991 60 9060 85 46930 75354 ComptrollerGenerals Beport 286902 67 200000 00 32138 19 pired fire risks running one year or less from date of policy 16753927 un earned premiums fifty per cent 83769 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 26748764 unearned premiums pro rata 147961 32 11 Total unearned premiums as computed above carried out 231730 95 17 Due and accrued for salaries rents advertising and for agency and other miscellaneous expenses 351 94 19 All other demands against the company absolute and con tingent due and to become due admitted and con tested viz reserve for unpaid taxes 4 700 00 Due other companies for reinsurance 3 189 03 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 519040 86 IVIncome During the Year 1 Gross premiums and bills in course of collection at close of last previous year 71080 87 2 Deduct amount of same not collected 12629 11 3 Net collected 58451 76 4 Gross premiums on risks written and renewed during the year 410888 21 5 Total 469339 97 6 Deduct premiums and bills in course of collection at this date 66895 04 7 Entire premiums collected during the year 402444 93 8 Deduct reinsurance and return premiums 174582 62 9 Net cash actually received for premiums carried out 227862 31 10 Received for interest on Bonds and mortgages 1317 28 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 10493 87 12 Income received from all other sources omitting increase if any in value of securities viz rents 950004 sale of stock 13333334 142833 38OompteolleeGenebals Repoet 355 15 Aggregate amount of income actually received during the i ootjDUO o4fc year m cash YExpenditures During the Year 1 Gross amount actually paid for losses in cluding 6121035 losses occurring in pre vious years 23037802 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 81506 and all amounts actually received for reinsur ance in other companies 6055029 total deductions 61365 35 Net amount paid during the year for losses 169012 67 6 Paid for commissions or brokerage 5 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 30701 7b 8 Paid for state national and local taxes in this and other 15o27 6 states 9 All other payments and expenditures viz rents advertising underwriter boards traveling expenses interest reinsur ance etc 3560999 former contribution to surplus by directors paid off 9162500 127234 Aggregate amount of actual expenditures during the year in cash VIRisks and Premiums Fire Eisks Premiums Thereon In force on 31 day of Devember 1910 41576136 00 715465 52 2 Written or renewed during 1911 24308810 00 410888 21 3 Total 65884946 00 1126353 73 4 Deduct those expired and marked off as 01 terminated in 1911 32840318 00 523448 81 5 In force at end of year 1911 33044628 00 602904 92 6 Deduct the amount reinsured in other 8 635 627 00 167878 01 companies 000001 j 94 409 001 00 i 435026 91 7 Net amount in force Z44uyuui uu 8 Greatest amount insured in any one risk 1UUU u Business in the State of Georgia During the Year 454233 08 Fire risks written j 10156 IS Premiums received gross 356 ComptrollerGenerals Report Losses paid Losses incurred 15852 29 17396 32 WESTCHESTEE FIRE INSURANCE COMPANY OF NEW YORK N Y George R Crawford President John H Kelly Secretary Principal Office 100 William Street New York N Y Edgar Dunlap 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 9 189 60 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 153 450 00 3 Interest due on all said bond and mortgage loans 36000 interest accrued thereon 82792 total 1187 92 4 Value of lands mortgaged exclusive of buildings and perishable improvements 161700 00 5 Value of buildings mortgaged insured for 15605000 as collateral 182650 00 6 Total value of said mortgaged premises carried inside 344350 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 3951962 50 13 Cash belonging to the company deposited in banks viz Union Trust Co N Y 10082586 Chatham Phenix Nat ional Bank N Y 11796483 total 218790 69 Total cash items 21879069 17 Cash in hands of agents and in course of transmission 343J81 06 All other assets both real and personal viz Interest accrued on bonds 5 4g3 09 Total assets of the company actual cash market value 4683245 09 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 328313 81ComptrollerGenerals Beport 357 3 Losses resisted including interest costs and other expenses thereon 13500 00 4 Total gross amount of claims for losses 341813 gl 5 Deduct reinsurance thereon 66594 79 6 Net amount of unpaid losses 275219 02 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 161741051 un earned premiums fifty per cent 808705 26 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 325964456 unearned premiums pro rata 1710629 45 11 Total unearned premiums as computed above carried out 2519334 71 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses and taxes 45000 00 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Reserve for all contingencies 500000 reinsurance 1000000 reserve on account of rein surance treaties 1069153 total 25691 53 20 Total amount of all liabilities except capital stock scrip and net surplus 2865245 26 21 Joint stock capital actually paid up in cash 300000 00 23 Surplus beyond capital and all other liabilities 1517999 83 24 Aggregate amount of all liabilities including capital paid up and net surplus 4683245 09 IVIncome During the Year 7 Entire premiums written during the year 3882573 07 8 Deduct reinsurance and return premiums 1240062 19 9 Net cash actually received for premiums carried out 2642510 88 10 Received for interest on bonds and mortgages 11000 20 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 185179 60 Gross profit from sale of real estate 886 05 12 Income received from all other sources omitting increase if any in value of securities viz Rents 10800358 Comptroller General s Eeport interest on deposits 215081 miscellaneous 12 65584 total 14914 65 15 Aggregate amount of income actually received during the year in cash 2854491 38 VExpenditures During the Year 1 Gtoss amount actually paid for losses in cluding 22318150 losses occurring in previous years 1878825 32 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1332380 and all amounts actually received for reinsur ance in other companies 37009495 total deductions 383418 75 Net amount paid during the year for losses 3495406 57 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 120000 00 6 Paid for commissions or brokerage 508760 27 7 Paid for salaries fees and other charges of officers clerks agents and all other employees including gen eral and special agents salaries and expenses 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Loss ad justments rents advertising postage stationery tele grams telephones express legal furniture and fixtures maps underwriters boards fire patrol inspections surveys and sundry Aggregate amount of actual expenditures during the year in cash 287305 61 78151 71 176289 21 2665913 37 VIRisks and Premiums 1 In force on the 31st day of December 529314298 00 5392424 60 2 Written or renewed during the year 357650212 00 3882573 07 4 Total 886964510 00 5 Deduct those expired and marked off as terminated 319523701 00 9274997 67 3557033 35 6 In force at the end of the year567440809 00 5717964 32 7 Deduct amount reinsured 77178058 00 840909 25 8 Net amount in force 490262751 00 4877055 07ComptrollerGenerals Beport 359 Business in the State of Georgia During the Year L 2470952 00 Fire risks written Premiums received gross 3o056 27 T 19036 54 1 Losses paid I T n 21452 53 Losses incurred WESTERN ASSURANCE CO OF TORONTO CANADA W B Meikle General Manager C C Foster Secretary Principal Office 22 Wellington Street East Toronto Canada Attorney for Service in Georgia Charles S Matthews IIAssets 8 Total par and market value of all said stocks and bonds owned absolutely by the company carried out at market value 1899672 52 13 Cash belonging to the company deposited in banks Canadian Bank of Commerce New York 211749 74 Corn Exchange Nat Bank Chicago 16884 23 United States Mortg Trust Co N Y 32364 80 260998 77 Total v 15 interest due and accrued on stocks not included in market value uncollected 21587 U 17 Cash in hands of agents and in course of transmission 245724 45 18 Bill receivable not matured taken for fire marine and 1032 55 inland risks All other assets real and personal 7845 88 Total assets of the company actual cash market value 2436861 31 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 262299 80 3 Losses resisted including interest costs and other expenses thereon 6701 20 4 Total gross amount of claims for losses 269001 00 5 Deduct reinsurance thereon 67022 66 6 Net amount of unpaid losses 201978 34 7 Gross1 premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 89123579 un earned premiums fifty per cent 445617 89360 ComptbollerGenekals Eepoet 8 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 127612437 unearned premiums pro rata 9 Gross premiums without deduction includ ing both cash and bills received and receivable upon all unexpired inland navigation and marine risks 8754466 at 50 per cent 10 Gross premiums without any deduction received and receivable on all unexpired marine risks time hull ocean cargo 100 per cent 1838305 at 50 per cent 632274 35 43772 32 15140 26 9191 52 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rents 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 commissions Taxes 1145996 34 7666 00 32051 01 21860 77 Total 21 Joint stock capital actually paid up in cash deposit capital 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including Capital paid up and net surplus 1409552 46 207000 00 820308 85 2436861 31 IVIncome During the Year Fire Risks Maine and Inland 1 Gross premiums and bills in course of collection at close of last previous year 175427 75 56993 46 3 Net collected 175427 75 56993 46 4 Gross premiums on risks written and renewed dur ing the year 1965837 09 372492 34 5 Total 2141264 84 429485 80 6 Deduct premiums and bills in course of collection at this date 184317 27 62439 73ComptrollerGenerals Eeport 361 I 7 Entire premiums collected during the year 1956947 57 367046 07 8 Deduct reinsurance and re turn premiums 741288 69 139655 04 9 Net cash actually received for premiums carried out 1215658 88 22739i 03 10 Received for interest on bonds and mortgages 12 Income received from all other sources omitting increase if any in value of securities viz rents 15 Aggregate amount of income actually received during the year in cash VExpenditures During the Year Fire Risks Maine and Inland 1 Gross amount actually paid for losses including 12400837 losses occur ring in previous year 892296 15 288358 18 2 Deduct all amounts actually received for salvages whether on losses of the last or of the previous year 4981748 and all amounts actually received for reinsurance in other companies 31176428 deductions 676387 99 142684 58 1443049 91 84095 11 1010 00 1528155 02 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 10 American branches of foreign companies will please report amount sent home offices during the year 819072 57 320059 71 83944 25 51515 57 164249 89 69211 88 Aggregate amount of actual expenditures during the year in cash 1508053 87362 ComptbollebGenebals Repobt VIBisks and Premiums Fire Risks Premiums Thereon 1 In force on the 31st day of December 1910 255326019 00 2611410 07 2 Written or renewed during the year 215507392 00 1965837 09 3 Excess of original premium over amount received for reinsurance 6348 97 4 Total470833411 00 4583596 13 5 Deduct those expired and marked off as terminated 206728019 00 1954356 36 6 In force at the end of the year264105392 00 2629239 77 7 Deduct amount reinsured 55113088 00 461879 61 8 Net amount in forcei208992304 00 2167360 16 Business in the State of Georgia During the Year Fire risks written 2408608 00 Premiums received gross 38099 43 Losses paid 25228 84 Losses incurred 22071 00 WESTERN ATLANTIC FIEE INSURANCE COMPANY OF NASHVILLE TENN Geo S Parkes President T W Handly Secretary Principal Office Corner Church Street and 4th Avenue Nashville Tenn lion Wm A Wright Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 200000 00 2 Amount paid up in cash 200000 00 IIAssets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 52614 75 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 29000 00 3 Interest due and accrued on all said bond and mortgage loans 2662 56 4 Value of lands mortgaged exclusive of buildings and perishable improvements 55300 00CompteollebGeneeals Bepoet 363 5 Value of buildings mortgaged insured for 200000 as collateral 11500 00 6 Total value of said mortgaged premises carried inside 66800 00 7 Amount of other loans 80049 19 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 11 Amount loaned on stocks bonds and all other securities except mortgages 13 Cash belonging to the company deposited in various banks 57888 67 Total cash items 15 Interest due and accrued on certificates of deposit 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmission 18 Bill receivable All other assets both real and personal viz Bents due and accrued 262171 due from otheT companies for reinsurance on losses already paid viz Granite State 88469 agency balances 1198809 unearned insur ance on real estate 95947 furniture and fixtures 84115 maps 352750 total 3730 34 1000 00 4730 34 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 2618044 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 13090 22 107163 87 80049 19 329379 04 1487 02 4457 13 1150 00 1250 00 20822 61 Total assets of the company actual cash market value 358545 80 IIILiabilities 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 4730 34364 ComptrollerGenerals Beport year from date of policy 1005270 unearned premiums pro rata g043 57 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Furniture and fixtures 87600 collec tions on collateral security 166171 commissions brokerage etc to become due to agents and brokers 21490 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 TVIncome During the Tear 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 57046 98 2 Deduct amount of same not collected 11988 09 3 Net collected 45058 89 4 Gross premiums on risks written and re newed during the year 53 420 23 5 Total 98479 12 6 Deduct premiums and bills in course of collection at this date 43 892 32 7 Entire premiums collected during the year cash 3307080 54586 80 8 Deduct reinsurance and return premiums 21516 00 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 2492840 increased surplus 1015113 sundries 16991 total 13 Received for increase capital 15 Aggregate amount of income actually received during the year in cash 21133 79 2752 61 28616 74 200000 00 129929 06 358545 80 33070 80 2320 49 2869 31 35249 44 25090 00 98600 04ComptbollebGenebaes Bepobt VExpenditures During the Year 1 Gross amount actually paid for losses in eluding 170100 losses occurring in previous years 9882 72 2 Deduct all amounts actually received for salvages whether on losses of the last 9 191 08 or of previous year i 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 Various Aggregate amount of actual expenditures during the year in cash VIEisks and Premiums In force on the 31st day of December 1910 591A37 00 2 Written or renewed during 1911 3539109 99 3 Total 4130246 99 4 Deduct those expired and marked off as terminated 1116983 99 365 5 In force at end of year 3013263 00 6 Deduct the amount reinsured in other companies 512165 00 7761 64 8153 36 8633 32 75 38 40813 67 65437 37 9811 12 53420 23 63231 35 17377 07 45854 28 9621 14 7 Net amount in forc6 2501098 00 36233 14 WILLIAMSBUEGH CITY FIEE INSUEANCE COMPANY OF BEOOKLYN NEW YOEK Frederick H Way President Wyekoff Van Kerboef Secretary Home Office 59 John Street New York N Y Attorney for Service in Georgia W E Hoyt ICapital 1 Amount of capital paid up in cash 25000000366 ComptbollebGeneeals Report 2 Amount of Ledger assets as per balance December 31 of previous year 3021951 94 4 Extended at 3021951 94 IIIncome 5 Gross premiums 2256482 03 6 Deduct gross amount paid for reinsurance fire 26763697 return premiums fire 25825234 525889 31 1 7 Total premiums i 1730592 72 9 Gross interest on mortgage loans 12916 93 11 Gross interest on bonds and dividends on stocks less 235907 accrued interest on bonds acquired during 1911 86411 21 12 Gross interest on deposits in trust com panies and banks 8134 79 14 Notes for premiums 476 11 15 Unadmitted assets 159 60 16 Gross rents for companys property includ ing 150000 for companys occupancy of its own buildings 4720 00 17 Total gross interest and rents 112818 64 26 Gross profit on salo or maturity of ledger assets viz bonds 9750 00 28 Total income 1853161 36 IIIDisbursements 1 Gross amount paid policyholders for losses including 17843862 occurring in pre vious years 116694397 2 Deduct amount received for salvage fire 1412917 reinsurance fire 170 6803418480951 3 Net amount paid policyholders for losses 982134 46 4 Expenses of adjustment and settlement of losses 19380 89 5 Commissions or brokerage 414 186 55 6 Allowances to local agencies for miscellaneous agency expenses 32351 53 7 Salaries 5330628 and expenses 2832627 of special and general agents 81632 55 8 Salaries fees and all other charges of officers directors trustees and home office employees 108 461 49 9 Bents including 150000 for companys occupancy of its own buildings 25700 00ComptrollerGenerals Eeport 367 10 Advertising 1132596 printing and stationery 639836 17724 32 11 Postage telegrams telephone and express 8237 bb 12 Legal expenses 13 Furniture and fixtures gg 14 Maps including corrections Aon iK 15 Underwriters boards and tariff associations iW 10 16 Fire department fire patrol and salvage corps assessments fees taxes and expenses ra 71 17 Inspections and surveys 18 Repairs and expenses other than taxes on real estate V 19 Taxes on real estate 30 785 86 20 State taxes on premiums inask qn 21 Insurance department licenses and fees 1U40 du 22 All other licenses fees and taxes federal corporation tax 57886 city and county taxes 99633i 1575 19 87 7fi 24 Collections on premium notes 34 Paid stockholders for interest or dividendsi 50uuu uu 40 Gross decrease by adjustment in book value of ledger assets 15000 00 viz real estate 41 Total disbursements 1831385 64 IVLedger Assets 1 Book value of real estate 75000 00 2 Mortgage loans on real estate 302900 00 4 Book value of bonds 87054015 and stocks 119266504 2063205 19 5 Cash in companys office 1891 26 7 Deposits in trust companies and banks on interest 286420 92 8 Agents balances representing business written subsequent to Oct 1 1911 292392 12 9 Agents balances representing business written prior to Oct 1 1911 2543 41 11 Bills receivable taken for fire risks 19374 76 16 Total ledger assets as per balance 3043727 66 NonLedger Assets 17 Interest due 65250 and accrued 1 85589 on mortgages 2508 39 18 Interest due 311375 and accrued 9 32402 on bonds 12437 77 21 Interest on Balances I588 m x 16534 51 24 Total 28 Salamandra 483981 Rochester German 3750 Empire City 384 American 660 HamburgBremen 27177 German fire of Pa 942 Concordia 942 5178 42 3i065440 59 30 Gross assets v 368 ComptbollebGeneeals Repoet Deduct Assets not Admitted 34 Agents balances representing business written prior to Oct 1 1911 2 543 41 38 Book value of ledger assets over market Value 206240 19 41 Total admitted assets Jg VLiabilities 1 Gross losses adjusted and unpaid not yet due 7043 05 i Gross claims for losses in process of ad justment or in suspense plus 19 04589 reserve for losses incurred prior to December 31 of which no notice had been received on that date 145 573 32 3 Gross claims for losses resisted 12464 11 i al 165080 48 o Deduct reinsurance due or accrued 21 743 29 6 Net amount of lmpaid losseg and dams 143 337 19 7 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running one year or less from date of policy including interest premiums on perpetual fire risks 96237452 un earned premiums fifty per cent 481 187 6 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 239123176 un earned premiums pro rata 1287 026 63 11 Total unearned premiums as computed above i 768 218 89 18 Salaries rents expenses bills accounts fees etc due or accrued 19 Estimated amount hereafter payable forfederal stele and other taxes based upon the business of the year of this statement 21 Kepremiumsl2227oeinsuanepremiuins7 2578 26 Total amountof aiuiabni 194 f 27 Capita actually paia up i cash P 250000 QQ W55 36 28 Surplus over all liabilities 66330163 29 Surplus as regards policy holders 9i3301 63 30 Total liabilities 2856656 99ComptrollebGtEneeals Kepobt 369 VIRisks and Premiums Fire Bisks Premiums Thereon 1 In force on the 31st day of December 1910 335519378 00 3523365 90 2 Written or renewed during the year 224418392 00 2256482 93 3 Excess of original premiums pyer amount received for reinsurance 8164 85 4 Total 559937770 00 5788012 78 5 Deduct those expired and marked off as terminated 199996256 00 2081370 48 6 In force at the end of the year 359941514 00 3706642 30 7 Deduct amount reinsured 31977689 00 353036 02 8 Net amount in force 327963825 00 3353606 28 Business in the State of Georgia During the Year Fire risks written 2141694 00 Premiums received gross 34209 78 Losses paid 21639 96 Losses incurred 20548 58 YORKSHIRE INSURANCE COMPANY LTD OF YORK ENGLAND Frank DuBois D S Managers Principal Office 47 William Street New York N Y Wm A Wright Atlanta Attorney for Service in Georgia IIAssets 11 Market value of bonds owned by company 13 Cash belonging to the company deposited in bank viz First National Bank New York 14753 52 Total cash items All other assets both real and personal viz Agents balances 3438464 interest collected in hands of trustees 516250 interest accmed on bonds 6 88333 total 570800 00 14753 52 46430 47 Total assets of the company actual cash market value 631983 99 IIILiabilities 2 Gross losses in process of adjustment or in suspense in cluding all reported and supposed losses 5814 00370 ComptbollebGenerals Report Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 6854732 un earned premiums fifty per cent 34273 66 Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 1600802 unearned premiums pro rata 13671 82 11 Total unearned premiums as computed above carried out 47945 48 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Due to reinsurance companies 674 38 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 631983 99 54433 86 200000 00 377550 13 IVIncome During the Year 3 Net collected 4 Gross premiums on risks written and re newed during the year 8 Deduct reinsurance and return premiums 5380 62 110271 47 21033 37 9 10 15 Net cash actually received foT premiums carried out Received for interest on bonds and mortgages Aggregate amount of income actually received during the year in cash VExpenditures During the Year 1 Gross amount actually paid for losses 10118 55 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 437 72 Net amount paid during the year for losses Expenses on losses 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 674618 72 5162 50 679781 22 9680 83 65 61 20192 43 4455 20ComptrollerGenerals Eepoet 371 8 Paid for State national and local taxes in this and other States 767 31 9 All otheT payments and expenditures 19244 18 Aggregate amount of actual expenditures during the year in cash 54405 56 VIRisks and Premiums Fire Risks Premiums Thereon In force on the 31st day of December 667316 00 7510 08 2 Written or renewed 11800299 00 110271 47 3 Total 12467615 00 117781 55 4 Deduct those expired and marked off as terminated 2727143 00 29358 81 5 In force at end of year 9740472 00 88422 74 6 Deduct the amount reinsured in other companies 449533 00 3867 40 7 Net amount in force 9290939 00 84555 34 LIFE 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 as per balance December 31 of previous year 90111459 28 4 Extended at 90111459 28 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 286901 for first years reinsurance 1067134 42 6 Surrender values applied to pay first years premiums 46028 71 7 Total first years premiums on original policies 1113163 13 8 Dividends applied to purchase paidup ad ditions and annuities 9 Surrender values applied to purchase paid up insurance and annuities 10 Consideration for original annuities in volving life contingencies 11 Consideration for supplementary contracts involving life contingencies 5514 40 108286 73 90966 30 50000 00 12 Total new pemiums 1367930 56 13 Renewal premiums without deduction for commissions or other expenses less 7 19381 for reinsurance on renewals 9033839 98 14 Dividends applied to pay renewal pre miums 422585 24 16 Surrender values applied to pay renewal premiums 462 93ComptrollerGenerals Report 373 17 Renewal premiums for deferred annuities 1822 64 18 Total renewal premiums 9458710 79 19 Total premium income 10826641 35 20 Consideration for supplementary contracts not involving life contingencies 90704 00 21 Dividends left with the company to accumulate at in terest 134552 82 23 Gross interest on mortgage loans 2322793 60 24 Gross interest on collateral loans 55330 97 25 Gross interest on bonds and dividends on stocks less 1867704 accrued interest on bonds acquired during 1911 1341352 67 26 Gross interest on premium notes policy loans or liens 549623 64 27 Gross interest on deposits in trust com panies and banks 61172 66 31 Gross discount on claims paid in advance 2928 31 32 Gross rent from companys property in cluding 3250000 for companys occu pancy of its own buildings 44317 29 33 Total gross interest and rents 4377519 14 34 From other sources viz Investment expense account 1899234 conscience money 1069 total 19003 03 41 Gross profit on sale or maturity of ledger assets viz Real estate 108000 bonds 563875 total 6718 75 43 Total income 15455139 09 IIIDisbursements 1 For death claims less 36600 reinsur ance additions 24215 3815385 93 2 For matured endowments 2522765 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 13335 restorations 6 Surrender values paid in cash or applied in liquidations of loans or notes 7 Surrender values applied to pay new premiums 46 02871 to pay renewal premiums 46293 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 6338150 93 40007 96 1218 56 46491 64 108286 73 660036 12 422585 24374 ComptrollerGenerals Report 12 Dividends applied to purchase paidup additions and annuities 5514 40 13 Dividends left with the company to accumulate at interest 134552 82 14 Total paid policyholders 9580068 42 15 Expense of investigation and settlement of policy claims including 651383 for legal expenses 6513 83 16 Paid foT claims on supplementary contracts not involving life contingencies 44905 05 17 Dividends and interest thereon held on deposit surren dered during the year 40473 25 18 Paid stockholders for interest or dividends 200000 00 19 Commissions to agents less commission on reinsurance First years premiums 39935407 renewal premiums 50455748 annuities original 468683 renewal 9103 total 908689 41 20 Commuted renewal commissions 12094 02 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 60558 97 23 Branch office expenses including salaries of managers and clerks 113283 35 24 Medical examiners fees 6531140 inspection of risks 1313750 total 78448 90 25 Salaries and all other compensation of officers directors trustees and home office employees 363403 98 26 Rent including 2500000 for companys occupancy of its own buildings 78700 83 27 Advertising 1005367 printing and stationery 54 94417 postage telegraph telephone and express 54 49130 exchange 162895 total 121118 09 28 Legal expense 3532 38 29 Furniture fixtures and safes 12602 35 30 Repairs and expenses other than taxes on real estate 33724 44 31 Taxes on real estate 12919 11 32 State taxes on premiums 127136 08 33 Insurance department licenses and fees 9698 90 34 All other licenses fees and taxes viz Federal corpora tion tax 1140530 tax on capital stock 10708764 valuation of policies 31 1804 publication fees 59379 tax on reserves 934644 local license or property tax 18907854 total 320629 75 38 Other disbursements viz Supplies 104180 inciden tals 221345 expense on real estate during fore closure 54365 membership in association of life insurance presidents 477800 profit or loss 1920 total 8596 10 45 Agents balances charged off 146 38 46 Gross loss on sale or maturity of ledger assets viz Real estate 1475981 bonds 819500 total 22954 81ComptrollerGenerals Eeport 375 47 Gross decrease by adjustment in book value of ledger assets viz Bonds including 125958 for amortiza tion of premium 32017 31 48 Total disbursements IVLedger Assets Book value of real estate 5 Mortgage loans on real estate first liens Loans secured by pledge of bonds stocks or otheT col lateral Loans made to policyholders on this companys policies assigned as collateral Premium notes on policies in force of which 377161 is for first years premiums Book value of bonds 2654196431 and stocks 4323 86661 market value 785275300 total Cash in companys office 762 05 Deposits in trust companies and banks not on interest 1379129 93 Deposits in trust companies and banks on interest 2322029 23 577487 41 18493359 15 882864 97 8665831 60 147045 00 4323866 61 10 Total Bills receivable 2154937 agents balances debit 26 11752 credit 762449 net 1849303 total 3701921 21 40042 40 12 Total ledger assets 93374382 66 13 14 15 16 17 20 21 23 NonLedger Assets Interest due 3626977 and accrued 1 23506834 on mortgages 1271338 11 Interest due 628200 and accrued 360 03875 on bonds Interest due 400857 and accrued 14 09384 on collateral loans Interest due on premium notes policy loans or liens Interest accrued on other assets viz Bank deposits Rents accrued on companys property or lease 366320 75 18102 41 150492 09 1797 25 250 00 Total interest and rents due and accrued Market value of bonds and stocks over book value 1808300 61 2658005 II376 ComptrollerGenerals Report New Business 25 Gross premiums due and unreported on policies in force December 31 1911 less reinsurance pre miums 10391 17 26 Gross deferred premiums on policies in force De cember 31 1911 less re insurance premiums 43043 36 Renewals 728271 04 424310 96 27 Totals 53434 53 1152582 00 28 Deduct loading 7982 24 202883 25 29 Net amount of uncollected and deferred premiums 45452 29 949698 75 995151 04 35 Gross assets 98836439 42 Deduct Assets Not Admitted 38 Agents debit balances gross 40 Bills receivable 41 Premium notes and loans on policies and net premiums in excess of the net value of their policies 26117 52 21549 37 498 40 Total 48165 29 44 Admitted assets life business 98788274 13 45 Admitted assets accident health and liability business 4 5967261 09 46 Total admitted assets 104755535 22 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of December 1911 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 nonparticipating class and on participating class issued prior to 1901 59239974 00 3 American Experience table at 3 per cent on participating class issued in 1901 and subsequently 25272092 00 Same for reversionary additions 11154 00 Total 25283246 00ComptrollerGenerals Beport 377 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz Mc Clintocks Annuitants 3 per cent on business issued prior to 1910 McClin tocks Annuitants 3 per cent and American Experience 3 peT cent on business issued in 1910 and subse quently 440423 00 Also supplementary contracts involving life contingencies 108876 00 Total 549299 00 Total 85072519 00 6 Deduct net value of risks of this company reinsured in other solvent companies 28885 00 Total 85043634 00 7 Reserve to provide for disability benefits contained in life policies 75837 00 8 Net reserve 85119471 00 9 Present value of amounts not yet due on supplementary contracts not involving life contengencies computed by the company 350820 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 9076 80 12 Claims for death losses in process of ad justment or adjusted and not due 151622 00 13 Claims for death losses incurred for which no proofs have been received 149586 00 14 Claims for matured endowments due and unpaid 53139 00 15 Claims for death losses and other policy claims resisted by the company 29310 00 16 Due and unpaid on annuity claims in volving life contingencies 64 41 17 Total policy claims 383721 41 19 Dividends left with the company to accumulate at in terest and accrued interest thereon 641650 09 20 Premiums paid in advance including surrender values so applied 29854 33 21 Unearned interest and rent paid in advance 229316 98 22 Commissions due to agents on premium notes when paid 98416 other contingent commissions 141026 total 2394 42 23 Commissions to agents due or accrued 2312 56 378 ComptrollerGenerals Eeport 24 Cost of collection on uncollected and deferred pre miums in excess of the loading thereon 12243 75 25 Salaries rents office expenses bills and accounts due or accrued 3410 75 26 Medical examiners fees 948000 and legal fees 2900 due or accrued 9509 00 27 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 464110 24 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 76957 96 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 727532 05 33 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1912 618238 00 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies 1 197 378 26 35 Reserve special or surplus funds not included above viz Special reserve held under ten year renewable term contracts 724 744 00 37 Liabilities life business 90 602 741 60 38 Surplus on life business including capi ta1 stock 8185532 53 40 Total liabilities accident health and liability business 4888906 52 42 Capital stock 2000000 00 43 Unassigned funds surplus 7263887 10 44 Total surplus as regards policyholders 9 263 887 10 45 Total liabilities life accident health and other business104755535 22 Business in the Slate of Georgia During the Year No Amount 17 Policies on the lives of citizens of said State in force December 31 of previous year 3602 6753086 38 18 Policies on the lives of citizens of said State issued during the year 739 1488540 72 19 Total 4341 8241627 10 20 Deduct ceased to be in force during the year 439 713 997 00 21 Policies in force December 31 3902 7527630 10ComptrollerGenerals Beport 22 Losses and claims unpaid December 31 of pre vious year u v 23 Losses and claims incurred during the year 50 24 Total 56 25 Losses and claims settled during the year in cash 13240581 by compromise 8719 total 51 26 Losses and claims unpaid December 31 5 i 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 379 8428 00 131847 00 140275 00 132493 00 7782 00 217804 33 AMERICAN CENTRAL LIFE INSURANCE COMPANY OF INDIANA Milton A Woollen President Carroll B Carr Secretary Principal Office Indianapolis Indiana William A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 137000 00 2 Amount of capital subscribed but unpaid 2722541 13 Extended at 272254113 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 221742 43 iy2 Cash received for renewal premiums without deductions for commissions or other expenses 628256 45 2 Premium Notes loans or liens taken in part payment for renewal premium 18106 39 3 From dividends applied to pay running premiums 2989 88 4 From surrender values applied to pay running premiums 3045 06 4 From surrender values applied to pur chase paidup insurance and annuties 26136 61 Total 90027682380 ComptrollerGenerals Report 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 141174 renewals 162613 3037 87 7 Total premium income 897238 95 8 Cash received for interest on mortgage loans 81344 14 10 Cash received for interest on premiums notes loans or liens 46376 66 11 Cash received for interest on other debts due the company 2496 01 13 Cash received for rents for use of companys property including 668496 for companys own occupancy 35457 73 17 Premium notes loans or liens restored by revival of policies 37 16 19 From all other sources viz Coupons left at interest 35575 fire insurance 15766 513 41 Total income 1063464 06 IIIDisbursements for the Year 1 Cash paid for death claims including revisionary additions 157362 00 2 Premium notes loans or liens used in pay ment of the same 888775 5 Cash paid for sums falling due during the year on installment policies 650 00 Total Endowments 166899 75 9049 10 7 Total net amount actually paid for losses 9 Premiums notes loans or liens used in purchase of Sur rendered policies 9092589 voided by lapse 340184 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 13 Surrender values paid in cash 14 Surrender values applied to pay running premiums 15 Surrender values applied to purchase paidup insurance and annuities 157850 65 94327 73 284 02 2989 88 18346 19 3045 06 26136 61 Total paid policyholders 302980 14 16 Cash paid stockholders for interest on dividends 10960 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 18226159 renewals 4413345 226 395 04 18 Cash paid for agency supervision 34 677 29 19 Cash paid for Medical examiners fees 1665499 inspec tion of risks 442802 21083 01 20 Cash paid for salaries and all other compensation of pfficers and other home office employees 73 457 igComptrollerGenerals Beport 381 21 Cash paid for taxes on new premiums 22 Cash paid for taxes state county and municipal 23 Cash paid for insurance department fees and agents licenses 197150 municipal licenses 144451 24 Cash paid for rent including 668496 companys occupancy t 25 Cash paid for commuting commissions 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 526845 printing 753792 28 Cash paid for real estate expenses other than taxes 16 58838 for legal expenses 309449 29 Cash paid for the following items viz claim investigation 109379 coupons surrendered 24 postage 4 62886 exchange 40849 federal corporation tax 24998 office expenses 178358 invest fees 3463 traveling expenses 350123 premium surety bond consult 75686 consult actuary 5750 reinstallment expenses 161929 premium dr bal charged off 224433 XVAssets as per Ledger Accounts 1 Cost value of rear estate exclusive of all incumbrances 27Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collateralsi 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 565258 was received during the year 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances dr 204677 cr 223968 Premium balance dr 20280 cr 18603 10821 99 4355 26 3416 01 7957 96 4985 73 2497 27 12806 37 19682 87 16378 76 Total disbursements 752454 85 448345 39 1540513 57 2595 90 931376 89 5652 58 1029 33 101693 83 2518 99 192 91 16 77 11 Total net or ledger assets less depreciation 3033550 34 Other Assets 14 Interest due 34250 and accrued 31 79097 on mortgages 16 Interest accrued 1550 on collateral loans 17 Interest accrued 8229 on premiums notes loans or liens 18 Interest due 6038 and accrued 7575 on other assets 32133 47 15 50 82 29 136 13382 ComptrollerGenerals Report 19 Rents due 47832 on companys property or lease 478 32 Total carried out 20 Market value of real estate over cost 23 Gross premiums due and unreported on policies in force December 31 1911 23522 67 5089186 New Business Renewals 24 Gross deferred premiums on policies in force December 31 1911 27777 97 Totals 23522 67 78669 83 25 Deducting loading actual 13623 35 9569 35 26 Net amount of uncollee ted and deferred premiums 9899 32 69100 48 Extended 27 Furniture fixtures and safes 1338916 commuted com missions Fire and liability premiums unearnedi 32845 71 73774 61 78999 80 131389 16 1087 67 28 Total assets as per the books of the company 3233647 29 Items Not Admitted 2 Furniture fixtures and safes 1338916 13389 16 4 Premium dr balance1 202 80 5 Agents balances 2046 77 7 Bills receivable 251899 accrued interest 7547 2594 46 Total 18233 19 9 Total assets less items not admitted 3215414 10 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to the Actuaries Table of Mortality with 4 per cent interest and American Ex perience with 3y2 per cent 2729421 61 ComptrollerGenebals Report 383 Deduct net value of risks of this company reinsured in other solvent companies 2968 07 Net reinsurance reserve 2726 453 54 2 Premium notes or loans on policies and other obligations in excess1 of the net value of their policies 10694 76 3 Claims for death losses no proofs received 13015 48 8 Present value of unpaid amounts on matured installment policies face 4350 3503 78 9 Amount of trust funds held by the company 3122 57 Total policy claims 30336 59 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 114 20 12 Amount of national state or other taxes due or accrued 478059 estimated premium tax payable 1912 1146548 16246 07 13 Amount due on account of salaries rents and office expenses 3899 88 16 Amount of any other liability of the company viz prem iums paid in advance 329070 coupon account 69031 unearned interest 698533 commissions 16958 special reserve to cover possible unknown liabilities 3263531 43771 23 17 Liabilities on policyholder s account i 2820821 51 18 Gross surplus on policyholders account 394592 59 19 Total liabilities 1 3215414 10 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 895936 20 2 Premium notes loans or liens received during year on policies 323614 87 Total 1219551 07 Amount of notes loans or liens used in payment of losses and claims 8887 75 Amount of notes loans or liens used in purchase of surrendered policies 90925 89 Amount of notes loans or liens void by lapse 3401 84384 COMPTROLLERGENERALS BePORT Amount of notes loans liens redeemed by maker in cash 179306 12 Total reduction of premium note account Balance notes assets at end of the year 282521 60 937029 47 AMERICAN LIFE AND ACCIDENT INSURANCE COMPANY OF MISSOURI John W Cooper President Chas C Hammond Secretary Principal Office Salisbury Missouri W W Haskell Attorney for Service in Georgia 1Capital Stock 1 Amount of Capital stock paid up in cash 100000 00 2 Amount of net or ledger assets December 31 of previous year 122107 36 Extended at 122107 36 IIIncome During the Year 1 Cash received for renewal premiums without deductions for commissions or other expenses 86943 32 7 Total premium income 8 Cash received for interest on mortgage loans less 3585 19 From all other sources viz policy fees 5973886 miscellaneous receipts 59754 61 1575 Total income 86943 32 6208 96 152906 89 IIIDisbursements for the Year 5 Accident and health losses 38334 41 Total 7 Total net amount actually paid for losses 13 Surrender values paid in cash Total paid policyholders 16 Policy fees 17 Cash paid for commissions and bonuses to agents less commission on reinsurance 38334 41 59710 00 27284 65 38334 41 1023 58 39357 99 CoMPTROLLEBGrENEKAIiS REPORT 385 18 Cash pair for salaries and allowances to 19 Cash paid for medical examiners fees 21630 inspection of risks15700 373 50 20 Cash paid for salaries and all other com pensation of officers and other home office employees 8470 12 21 Cash paid for taxes on new premiums 1071 68 23 Cash paid for insurance department fees and agents licenses 89216 municipal licenses 31403 1206 19 24 Cash paid for rent 1243 64 25 Dividend to stockholders amount declared during the year 4000 00 26 Cash paid for furniture fixtures and safes for home and agency officers 288 80 27 Cash paid for advertising 14358 print ing 197432 2117 90 28 Cash paid for real estate expenses other than taxes 28850 288 50 29 Cash paid for the following items viz miscellaneous taxes and fees 2934 28 Postage telegraph telephone freight and express 193286 bonds 20000 officers traveling expenses 69486 and investigation and adjustment of health and accident losses 10656 293428 Agents balances charged off 507 02 Total miscellaneouse expenses 507 02 30 Total disbursements 150573 83 IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 110103 22 3 Loans secured by pledge of bonds stocks or other market able collaterals U S Bond 100 00 7 Cash in companys office and collections in transit 1593 45 8 Cash deposited in banks 6451 52 10 Premiums in course of collection 6192 23 13 Total net or ledger assets less depreciation124440 42 Other Assets 14 Interest accrued 256206 on mortgages 2562 06 15 Interest accrued 675 on bonds and stocks 6 75 Total carried out 2568 81386 ComptkollerGenebals Eepobt 4875 24 27 Agents 137524 furniture ana fixtures 250000 Supplies 100000 28 Total assets as per the books of the Company 131884 47 Items Not Admitted 1 Agents balances 2 Judgments furniture fixtures and safes 8 Supplies printed matter and stationery 1375 24 2500 00 1000 00 Total 9 Total assets less items not admitted 4875 24 127009 23 VLiabilities 3 Claims for losses due and unpaid 1910 00 Total policy claims 11 Commission due agents 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office ex penses 1 1910 00 2135 63 872 34 172 90 846 19 846 19 2838 34 100000 00 18233 83 127009 23 15 Amount due to officers or others for advances on account of expenses or organization 16 Amount of any other liability of the company viz premiums paid in advance Unearned premiums 17 Liabilities on policyholders account capital stock 18 Gross surplus on policyholders account surplus 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 Pec 31 of pre 191 214 45 vious year XVJ Number and amount of policies on the lives of citizens of Georgia issued during the year 817 857 3o Total 1008 Deduct number and amount which have ceased to be in force during the year 829 1071 80 890 75 Total number and amount of policies in force in Georgia December 31 1911 179 Amount of losses and claims on policies in Georgia paid during the year 93 181 05 1104 98COMPTROLLERGrENERAlS EePOET 387 AMERICAN NATIONAL LIFE INSURANCE COMPANY OF LYNCHBTJRG VIRGINIA W A Taylor President N M Jordan Secretary Principal Office Lynchburg Va Wm A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 100000 00 Extended at 365571 35 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 78132 96 1 Cash received for renewal premiums without deductions for commissions or other expenses 144377 71 3 From dividends applied to pay running premiums 2685 48 iy From surrender values applied to pur chase paid up insurance and annuities 246 32 Total 225442 47 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 3 16629 renewals 291278 6079 07 7 Total premium income 219363 40 8 Cash received for interest on mortgage loans 14825 73 9 Cash received for interest on bonds owned and dividends on stock 1626 35 10 Cash received for interest on premium notes loans or liens 1829 82 11 Cash received for interest on other debts due the company 1392 86 19 From all other sources viz suspense 79 38 Total income 239117 54 IIIDisbursements for the Year 1 Cash paid for death claims including revisionary additions 34581 15 7 Total net amount actually paid for losses 34581 15 9 Premium notes loans or liens used in purchase of sur rendered policies 11390 83388 ComptbollebGtenebals RepoBt 9 Premium notes loans or liens used in payment of dividends to policy holders 11 Cash dividends applied to pay running premiums 15 Surrender values applied to purchase paid up insurance and annuities 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinurance new policies 5301720 renewals 699381 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 783755 inspec tion of risks 110842 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 26375 municipal licenses 62915 24 Cash paid for rent including companys occupancy 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 110428 printing 278976 28 Cash paid for real estate expenses for legal expenses 29 Cash paid for the following items viz postage and ex press 102875 exchange 4513 incidentals 80247 losses on sale stocks schedule D 24547 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbraiices 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 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 11 Total net or ledger assets as per balance above Other Assets 14 Interest on mortgages 7695 51 625 44 2685 48 246 32 24 85 60011 01 3692 15 8945 97 17164 13 1981 65 2902 20 892 90 1760 00 336 95 3894 04 1097 13 2121 82 30 Total disbursements 1543o4 02 442 00 302691 07 11642 07 34978 78 1059 58 2604375 3968 40 19704 67 19375 15 10429 40 450334 87OompteollebGeneeals Ueport 389 15 Interest on bonds and stocks 16 Interest on collateral loans 17 Interest on premiums notes loans or liens 18 Interest on other assets 140 00 181 33 315 88 1326 70 Total carried out 9659 42 New Business Renewals 23 Gross premiums due and unreported on policies in force Dec 31 1911 24 Gross deferred premiums on policies in force December 31 1911 13133 39 1024 76 2598 15 Totals 25 Deduct loading 1024 76 717 34 15731 54 3932 88 307 42 11798 66 26 Net amount of uncollec ted and deferred premiums Extended 27 Furniture fixtures and safes 408649 1st year premium notes 96082 12106 08 5047 31 28 Total assets as per the books of the company Items Not Admitted 477147 6S 2 Furniture fixtures and safes 3 Commuted commissions premium notes in excess of reserve 5 Agents balances 7 Bills receivable collateral loan 4086 49 3209 82 10810 23 22317 12 Total 9 Total assets less items not admitted VInabilities 40423 66 436724 02 Net reinsurance reserve 3 Claims for death losses due and unpaid 6 Claims for death losses and other policy claims resisted by the company 260883 00 7000 00 1000 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 12 Amount of national state or other taxes due in 1912 8000 00 11459 16 2300 00390 ComptrollerGenerals Eeport 16 Amount of any other liability of the company viz premiums paid in advance 44749 interest account policy loans paid in advance 61731 accounts payable 327424 estimated dividends apportioned for 1912 deferred policies 170000 6 039 04 17 Liabilities on policyholder s account 288 68120 18 Gross surplus on policyholders account 148 042 82 19 Total liabilities 436724 02 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 14616 57 2 Premium notes loans or liens received dur ing the year on new policies 34 762 83 Total 49379 40 Amount of notes loans or liens voided hy laPse 2291 51 Amount of notes loans or liens redeemed by maker in cash 26028 31 Total reduction of premium note account 28 319 82 Balance note assets at end of the year 21 059 58 Business in the State of Georgia During the Year No Amount JNumber and amount of policies on the lives of citizens of Georgia in force Dec 31 of pre vious year 192 325000 00 A umber and amount of policies on the lives of citizens of Georgia issued during the year 120 182000 00 T Ttal 312 507000 00 Deduct number and amount which have ceased to be in force during the year 58 n6000 0Q Total number and amount of policies in force in Georgia December 31 1911 254 391fiQQ QQ No Amount Amount of losses and claims on policies in Georgia incurred during the year 3 400Q 00 T0tfali 3 4000 00 Amount of losses and claims on policies in Georgia paid during the year 2 0QCompteoelebGenebals Beport What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits with out any deduction for losses dividends commissions or other expenses total 481093 391 AMERICAN NATIONAL INSURANCE COMPANY OF GALVESTON TEXAS W L Moody Jr President I H Collier Secretary Principal Office 2204 Strand Galveston Texas J B Daniell Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 150000 00 2 Amount of net or ledger assets December 31 of previous year 1003319 58 Extended at IIIncome During the Year 1003319 58 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses iy2 Cash received for renewal premiums without deductions for commissions or otheT expenses 2 Premiums notes loans or liens taken in part payment for premiums on new policies 1326 08 2 Premium notes loans or liens taken in part payment for renewal premium 3 From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay running premiums 4 From surrender values applied to pur chase paid up insurance annuities 222510 94 653939 10 746 70 4534 25 361 90 7987 48 Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 1 17134 renewals 159325 885341 45 2764 59 7 Total premium income g Cash received for interest on mortgage loans 882576 86 57844 43392 COMPTROLLER GENERAL s REPORT 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the com pany deposits in banks 19 From all other sources From accident statement 6979 00 4750 83 616 70 1078 25 425269 73 Total income 1379115 80 IIIDisbursements for the Year 1 Cash paid for death claims including Kevisionary additions Total 180922 65 180 922 65 7 Total net amount actually paid for losses 9 Premium notes loans or liens used in purchase of sur rendered policies voided by lapse 136970 10 Cash dividends paid policyholders advisory board and special inspectors compensator 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paid up additions and annuities 13 Surrender values paid in cash 14 Surrender values applied to pay running preminus 15 Surrender values applied to purchase paid up insurance and annuities 16 17 19 0 21 22 2 24 Total paid policyholders Cash paid stockholders for interest on dividends Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 188 78282 renewals 9951479 Cash paid for salaries and allowances to managers and agents 11770158 agency supervision 10933 82 branch office expenses 5991 62 Cash paid for medical examiners fees 1887319 inspec tion of risks 234350 Cash paid for salaries and all other compensation of offcers and other home office employees Cash paid for faxes on new premiums ash paid for taxes in federal corporation tax Cash paid for insurance department fees and agents licenses 2569 70 municipal licenses 443066 Cash paid for rent including branch offices Cash paid for commuting commissions investigating claims 180922 65 2671 21 8 023 38 746 70 4534 25 17353 75 361 90 7987 48 222601 32 15000 00 288296 99 131627 02 21216 69 40821 76 2773 54 90 23 7000 36 8910 35 298 15ComptrollerGenerals Report 393 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 311039 printing 1358366 28 Cash paid for real estate expenses other than taxes for legal expenses Cash paid for the following items viz exchange 29413 telephone express and postage 526944 examina tion and audits 192685 loan expenses 457975 loss on sale of stocks 49000 all other 442764 From accident statement 29 2774 74 16694 05 2489 20 16987 81 286767 58 30 Total disbursements 1067352 79 IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 1013065 04 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balance 86972 02 2517 97 129336 76 25 00 61482 64 21683 16 13 Total net or ledger assets less depreciation 14 Interest due 20012 and accrued 43 40086 on mortgages 15 Interest accrued 36250 on bonds and stocks 18 Interest accrued 14795 on other assets deposit in bank 43600 98 1315082 59 362 50 147 95 21 23 24 25 26 Total carried out Market value of bonds and stocks over cost New Business Renewals Gross premiums due and unreported on policies in force December 31 1911 27105 26817 15 Gross deferred premiums on policies in force December 31 1911 671 48 12769 66 44111 43 11290 61 Totals Deducting loading 942 53 39586 81 754 02 7267 81 Net amount of uncollec ted and deferred premiums 188 51 32 319 75394 ComptrollerGenerals Eeport Extended From accident statement nncollected and premium 32508 26 5320 90 28 Total assets as per the books of the company 1408313 79 Items Not Admitted 5 Agents balances 7 Premium notes and loans in excess of net value of their policies 23346 39 830 16 Total 24176 55 9 Total assets less items not admitted 1384137 24 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to the American Experience Table of Mortality with 3 and 3y2 per cent interest Deduct net value of risks of this company reinsured in other solvent companies 937208 00 1532 00 Net reinsurance reserve 3 Claims for death losses due and unpaid in process of adjustment 250000 no proofs 600000 3 935 676 00 8500 00 Total policy claims 9 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office expenses medical examiners fees commissions 16 Amount of any other liability of the company viz premiums paid in advance 272774 unearned in terest 176633 suspended mert fund 50500 cash bonds 62500 unearned account premiums and other account liabilities 21564467 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 8500 00 5485 17 2750 00 4184 34 27188 53 983784 07 400353 17 19 Total liabilities 1384137 24 ComptrollerGenekals Eepokt 395 VIPremium Note Account 1 Premium notes or liens on hand December 31 or previous year 3870 12 2 Premium notes loans or liens received during the year on new policies 14631 78 Total 1850190 Amount notes loans or liens voided by lapse 1369 70 Amount of notes loans or liens redeemed by maker in cash 14614 23 Total reduction of premium note account 15983 93 Balance note assets at end of the year 2517 97 Business in the State of Georgia During the Year No Amount Number and amount of policies on the lives of citizens of Georgia issued during the year 360 472500 00 vious year 1324 1895000 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 360 472500 00 Total 1684 2367500 00 Deduct number and amount which have ceased to be in force during the year 589 896000 00 Total number and amount of policies in force in Georgia December 31 1911 1905 1471500 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 6000 00 Amount of losses and claims on policies in Georgia incurred during the year 13295 18 Total 19295 18 Amount of losses and claims on policies in Georgia paid during the rear 19295 18 What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits with out any deduction for losses dividends commissions or other expenses Total 6017577396 ComptrollerGenerals Report AMICABLE LIFE INSURANCE COMPANY OF WACO TEXAS Artemas R Roberts President A K Wilson Secretary Principal Office Fifth and Austin Streets Waeo Texas Wm A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 472580 00 2 Amount of net or ledger assets December 31 of previous year ncrease of capita during 1011 77412 23 191360 on Extended at 965635 23 ITIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses i Cash received for renewal premiums without deductions for commissions or other expenses 3 From coupons applied to pay running premiums I Consideration for supplementary contracts not involving life contingencies 1Hi24 7 0 44 278 07 448 53 10000 00 210973 64 Total 7 Total premium income s Cash received for interest on mortgage loans 9 Cash received for interest on stock notes 780239 bank balances 1007848 owned and dividends on stork 10 Cash received for interest on premium notes loans or liens 12 Gross increase by adjustment in book value of real estate 13 Cash received for rents for use of companys property including 123000 tor companys own occupancy 11 Premiums in suspense 15 Commissions earned by salaried agents to Surplus paid in on increased capital stock 17 Paid in during year on subscription to capital stock and surplus 18 Coupon left with the company to accumulate at interest 19 From all other sources viz rents paid in advance 210973 01 0217 04 17 880 ST ss pi 28000 00 1 1404 93 127 17 483 00 190220 00 551780 00 2758 SO 25000 oo Total income 1044929 34ComptrollerGenerals Eeport IIIDisbursements for the Tear 397 1 Cash paid for death claims including revisionary additions 2 Premium notes or liens void by lapse 29500 00 1258 61 Total 30758 61 7 Total net amount actually paid for losses 8 Cash paid suplementary contracts not involving lite contingencies 10 Coupons left with the company to accumulate at interest 11 Coupons applied to pay running premiums 30758 61 1000 00 2753 80 448 53 16 17 18 19 20 21 22 23 24 26 27 28 29 Total paid policyholders Cash paid stockholders for interest on dividends Cash paid for commissions and bonuses to agents less commission on reinsurance new policies Cash paid for salaries and allowances to managers and flETGIltS Cash paid for Medical examiners fees 1453350 inspection of risks 251100 Cash paid for salaries and all other compensation of officers and other home office employees Cash paid for home office expense 16080 miscellaneous expenses 203151 Cash paid for taxes on reserves real estate Cash paid for insurance department fees and agents l PPT1SPS Cash paid for rent including 123000 companys occu pancy Agents balances charged off IVaVao Cash paid for advertising 277643 printing 7 102 09 postage telephone telegraph and express 433912 exchange 25166 Cash paid for real estate expenses other than taxes for legal expenses Cash paid for the following items viz maintenance ot home office building Decrease during year in rents and in advance Decrease during year in cash with appreciation Authorized capital stock and surplus issued during the year and originally entered in income as subscrip tion to capital stock 30 Total disbursements IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrancos less 1012000 34960 94 14177 40 114373 38 18724 15 17044 50 23856 19 2192 31 340 74 76 50 2014 00 903 16 14469 30 2039 29 8042 17 4101 63 314 93 381580 00 635210 50 870820 17398 ComptbollebGteneeals Repoet 2 Loans on mortgage first liens on real estate 202819 57 5 Premium notes loans or liens on policies in force of which 430051 was received during the year 5070 28 7 Cash in companys office 602 04 8 Cash deposited in bank 282700 36 10 Agents ledger balances 4985 71 Furniture fixtures 8355 85 11 Total net or ledgerassets as per balance above 13 Total net or ledger assets less depreciation Other Assets 14 Interest due 32000 and accrued 405855 on mortgages 437855 18 Interest due 12650 on other assets bank balances 126 50 19 Bents due 67000 on companys property on lease 670 00 1375353 98 1375353 98 Total carried out 5175 05 20 Market value of real estate over cost 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 1059 83 4061 67 2592 79 Totals 6654 46 25 Deducting loading 1630 68 26 Net amount of uncollected and deferred premiums 5023 78 Extended 27 Notes given in payment of subscription to capital stock 28 Total assets as per the books of the company 5023 78 408120 00 1794732 64 Items Not Admitted 2 Furniture fixtures and safes 8355 85 5 Agents balances 5099 50 7 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 3768 53 8 Stock subscription notes 403120 00 Total 425343 88 9 Total assets less items not admitted 1369388 76ComptbollebGenebals Repobt 399 VLiabilities Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to the American Experience Table at 3 per cent 53330 40 4000 00 9012 95 10 Net reinsurance reserve 3 Claims for death losses due and unpaid 8 Present value of unpaid amounts on matur ed installment policies face 11 00000 Total policy claims Amount rents paid in advance 11 Amount of coupons left with the company to accumu late at interest accrued interest thereon 4800 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office expenses 15 Premiums paid in advance 10 Amount of any other liability of the company viz Premiums paid in advance and medical examiners fees 106500 inspection fees in suspense 21300 easU with appreciations pending 51446 subscription t capital stock and surplus paid in cash but not issued 40890250 17 Liabilities on policyholders account 19 Total liabilities VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 3227 34 2 Premium notes loans or liens received dur ing the year on new policies 748110 on old policies 152176 9002 86 Total Amount of notes loans or liens used in pay ment of losses and claims Amount of notes loans or liens voided by lapse Amount of notes loans or liens redeemed by maker in cash 72 89 1258 61 5828 42 Total reduction of premium note account Balance note assets at end of the year 53330 4 13012 95 24898 37 2801 80 6550 39 2000 00 630 40 513919 27 855469 49 1369388 76 12230 20 7159 92 5070 28400 ComptrollerGenerals Report ATLANTIC STATES LIFE INSURANCE COMPANY OF AUGUSTA GEORGIA J C Lamar President W A Smith Secretary Principal Office Augusta Georgia ICapital Stock 1 Amount of capital stock paid up in cash 6356 shares par 1000 each 63565 00 2 Amount of capital subscribed but unpaid 4571 shares par 1000 each 45710 00 252 50 IIIncome During the Year 9 Cash received for interest on bonds owned 11 Cash received for interest on other debts due the com pany 14 Cash received for profits on sales of bonds 118589 18 Stock sales cash 19 From all other sources viz Stock sales notes unpaid Total income 18 Cash paid for salaries and allowances to managers and agents 23 Cash paid for insurance department fees 12500 24 Cash paid for rent 100000 companys occupancy 26 Cash paid for furniture fixtures and safes for home offices 27 Cash paid for advertising 51720 printing 55650 29 Cash paid for the following items viz office supplies and expenses Commissions paid agents for stock sales 30 Total disbursements 50419 51 1098 11 1185 89 130161 66 53358 34 186056 50 7907 04 125 00 1000 00 469 10 1073 70 4983 42 34861 35 IVAssets as per Ledger Accounts 1 Due from National Surety Company on Dowlings Bond 6 Cost value of bonds excluding accrued interest at time of purchase 7 Cash in insolvent bank Citizens Trust Co 8 Cash deposited in banks solvent cash 1977910 certifi cates of deposit 171000 9 Bills receivable Cole Motor Co Notes received on stock subscriptions Notes for cash advanced stock salesman 13 Total net or ledger assets less depreciation 3176 27 13719 00 40130 01 21489 10 3500 60 53358 34 263 67 135636 9914 15 16 17 18 20 21 27 28 9 16 19 ComptrollerGenerals Report Other Assets Interest accrued 2307 on cash advanced smen 23 07 Interest accrued 11042 on bonds 110 42 Interest accrued 17500 on deposits 175 00 Interest accrued 19591 on notes 195 91 Interest accrued 35693 on other stock notes 3569 93 Total carried out Rates values and policy forms Policy frames Furniture fixtures and safes 469 00 Total assets as per the books of the company Items Not Admitted Furniture fixtures and safes 469 00 Insolvent banks Citizens Trust Co 40130 01 Cash advanced to agents and interest covered by note 286 74 Due from National Surety Co Dowlings bond 3176 27 Policy frames 22000 Bills receivable stock notes 53358 34 interest 356993 56928 27 Rates values and policy forms 1000 00 Total 102210 29 Total assets less items not admitted VLiabilities Amount of any other liability of the company viz premiums paid in advance Total liabilities 401 4074 33 1000 00 2200 00 469 00 141400 32 39190 03 500 00 500 00 THE BANKERS RESERVE LIFE COMPANY OF OMAHA NEBRASKA B H Robinson President R C Wagner Secretary Home Office Omaha Nebraska William A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 100000 00402 ComptrollerGenerals Bepoet 2 Amount of ledger assets as per balance December 31 of previous year 2563474 71 4 Extended at 2563474 71 g IIIncome During the Year 5 First years premiums on original policies without deduction for commissions or other expenses less 36111 for first years reinsurance 189887 10 7 Total first years premiums on original policies 189887 10 8 Dividends applied to purchase paidup additions and annuities 34470 01 9 Surrender values applied to purchase paid up insurance and annuities 2255 53 12 Total new premiums 5 195 589 64 13 Eenewal premium in addition to items 14 16 and 17 without deduction for commissions or other expenses less 544005 for reinsurance on renewals 712779 01 14 Dividends applied to pay renewal prem iums 104327 27 18 Total renewal premiums 847106 28 19 Total premium income 1042695 92 21 Dividends left with the company to accumulate at interest 572 42 23 Gross interest on mortgage loans less 55235 accrued interest on mortgages acquired during 1911 33531 61 25 Gross interest on bonds and dividends on stocks less 377363 accrued interest on bonds acquired during 1911 65924 69 26 Gross interest on premium notes policy loans or liens 33358 15 27 Gross interest on deposits in trust com panies and banks 2261 90 31 Total gross interest 135076 35 33 Suspense items credited 1500 40 38 From agents balances previously charged off 1500 40 41 Total income 1179845 09ComptbollerGenebals Report IIIDisbursements for the Year 3 Net amount paid for losses and matured endowments 5 Premium notes and liens voided by lapse less S 90953 6 Surrender values paid in cash or applied in liquidation of loans or notes 8 Surrender values applied to purchase paid up insurance and annuities 9 Dividends paid to policy holders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paid up additions and annuities 13 Dividends left with the company to accumulate at interest 14 15 18 19 22 II 24 I 25 I 26 II 27 28 29 32 33 34 38 45 Total paid policyholders Expense of investigation and settlement of policy claims Paid stockholders for dividends Commissions to agents less commission on reinsurance first years premiums 142472 31 renewal premiums 1742859 Agency supervision and traveling expenses of supervisors except compensation for home office supervision Medical examiners fees 1225300 inspection of risks 45100 Salaries and all other compensation of officers directors trustees and home office employees Bent including companys occupancy of its own build ings Advertising 429052 printing and stationery 757683 postage telegraph telephone and express 493192 exchange 90388 Legal expense not included in item 15 Furniture fixtures and safes State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes federal corporation tax 204276 local licenses 16000 publication of state ments 41500 Other disbursements loss and gain items 93047 invest ment expenses 73675 office expenses 315792 traveling expense 240413 legislative expense 21255 suspense items charged off 212152 Agents balances charged off 403 104500 00 18277 09 55920 35 2255 53 262 88 104327 27 3447 01 572 42 289562 55 116 25 10000 00 159900 00 36668 54 16404 00 54192 20 5107 42 17703 15 1597 53 3805 51 14208 13 2525 80 2017 76 9563 34 3528 98 48 Total disbursements 627502 12404 ComptrollerGenerals Eeport IVAssets as per Ledger Accounts 2 Mortgage loans on real estate 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes on policies in force 6 Book value of bonds 7 Cash in companys office 9 Deposits in trust companies and banks on interest 784500 00 497811 39 75077 85 1637309 20 119077 57 10 Agents balances debit 234985 credit net 193390 41595 12 Total ledger assets as per balance NonLedger Assets 13 Interest accrued 1359607 on mortgages 14 Interest accrued 1342568 on bonds 16 Interest accrued 224638 on premium notes policy loans or liens 119185 34 1933 90 3115817 68 13596 07 13425 68 2246 38 19 Total interest accrued 23 Gross premiums due and unreported on policies in force December 31 1911 less reinsurance premiums 24 Gross deferred premiums on policies in force December 31 1911 less rein surance premiums 29268 13 23704 11 526 65 25 Total 26 Deduct loading 24230 76 6317 39 17913 37 27 Net amount of uncollected and deferred premiums d 33 Gross assets 3102999 18 Deduct Assets not Admitted 36 Agents debit balances 1 9S3 90 41 Book value of bonds over market value 13193 II 15127 31 44 Admitted assets 847 871 84 VLiabilities Net present value of all the outsand irg policies in force on the 31st day ofComptrollerGeneral s Eeport December 1911 as computed by the State Department of Nebraska on the following tables of mortality and rates of interest viz actuaries table at 4 2137720 00 per cent 405 Same for reversionary additions 2 American Experience Table at 3Mi Per 2137720 00 295559 00 cent Same for reversionary additions Total 6 Deduct net value of risks of this company reinsured in other solvent companies 295559 00 2433279 00 3401 00 Net reserve 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demanded 13 Claims for death losses incurred for which no proofs have been received 15 Claims for death losses and other policy claims resisted by the company 2429878 00 738 08 11500 00 2500 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 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 27 State county and municipal taxes due or accrued 3l Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred premiums 44 Capital stock 45 Unassigned funds surplus 14000 00 1625 50 8533 68 12646 39 325 00 1205 50 19984 44 2972 11 2491908 70 100000 00 555963 14 3147871 84 46 Total Business in the State of Georgia During the Year No Amount 18 Policies on the lives of citizens of said state issued during the year 21 Policies in force December 31 1 2500 00 2500 00406 OompteollebGeneeals Repobt 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 112 25 CITIZENS NATIONAL LIFE INSURANCE COMPANY OF ANCHORAGE KENTUCKY Charles D Pearce President J w peake Secretary J N Alvis Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 485145 00 2 Amount of capital sub scribed but unpaid 151540 25 Amount of net or ledger assets December 31 of previous year 2548668 60 Decrease of capital during 1911 683172 50 Extended at i865496 10 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 85954 11 1 Cash received for renewal premiums without deductions for commissions or other expenses 455 959 44 3 From dividends applied to pay running premiums 29582 32 3 From dividends applied to purchase paid up additions and annuities 236 27 4 From surrender values applied to pay run ning premiums 172 71 Total 571204 85 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company now business 4 35615 renewals 940440 13 760 55 7 Total premium income 557 444 30 8 Cash received for interest on mortgage loans 31798 88 9 Cash received for interest on bonds owned and dividends on stock 9234 94CompteolleeGenebals Repoet 407 10 Cash received for interest on premiums notes loans and liens 11 Cash received for interest on other debts due the company is Cash received for rents for use of companys property including 727083 for companys own occupancy 18 Consideration for supplementary contracts not involving life contingencies From all other sources viz Partial payments on capital stock 8246112 surplus from reduction of capital stock and payments thereon 27353900 inspection fees on mortgage loans 655781 stock dividend re turned 30750 premiums tendered with applications 170184 adjustment stock subscriptions to profit loss 934743 interest on policy conversions 182908 19 Total income Total HIDisbursements for the Year 1 Cash paid for death claims including revision ary additions 2 Premiums notes loans or liens used in payment of the same 5 Cash paid for sums falling due during the year on installment policies 35587 67 67 30 435 03 Total 86090 00 26790 38 22198 82 7716 83 7284 40 375743 78 1038212 33 2903708 43 7 Total net amount actually paid for losses 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of sur rendered policies 7940344 voided by lapse 2734826 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paid up additions and annuities 13 Surrender values paid in cash 14 Surrender values applied to pay running premiums Total paid policyholders 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 4847428 renewals 729753 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 842884 inspec tion of risks 185305 86090 00 181 92 106751 70 29582 32 236 27 32364 39 172 71 255379 31 1900 00 55771 81 30391 94 10281 89408 ComptrollerGenerals Report 20 Cash paid for salaries and all other compensation of officers and other home office employees 91 342 40 21 Cash paid for taxes on new premiums Pqin s 22 Cash paid for taxes on reserves 171QQ r 23 Cash paid for insurance department fees andagents licenses 24 Cash paid for rent 2S2 78 25 Cash paid for commuting commissions fiifi 28 26 Cash paid for furniture fixtures and safes for home and agency officers 27 Cash paid for advertising Hui printing 5022o6 le 17 28 Cash paid for real estate expenses other than taxes 755o for legal expenses 415877 4 9o4 9 29 Cash paid for the following items viz policy ciaim ex pense 50647 postage 260361 telegraph telephone and express 184649 bank exchange 67143 fees and expenses for examination of company by states of Kentucky Tennessee Mississippi Alabama 65487 expense of policy conversions 130632 service eon tract commissions 4190784 home office traveling expenses 375763 Commissions on stock sold prior to Jan 1 1911 890384 miscellaneous home office expenses 315735 investment expense 35322 reduction in suspense account 101177 agents balances charged off old accounts 55118 83 loss on sale of bonds 5725 laWM 30 Total disbursements 617137 81 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 114 o63 30 2 Loans on mortgage first liens on real estate 8iB7 n 3 Loans secured by pledge of bonds stocks or other marketable collaterals U 4tn nn 4 Loans made in cash to policyholders on this companys policies assigned as collateral 365 713 pa 5 Premium notes loans or liens on policies in force 69898 87 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase r 7 Cash in companys office 5 8 Cash deposited in banks 0 1S93 12 9 Bills receivable 275 873 15 10 Agents ledger balances 172 87 Companys stock owned 7 5 199390 00 11 Total net or ledger assets as per balance above77o 12 Deduct depreciation fro cost of assets bring same to market value 23068 06 13 Total net or ledger assets less depreciation c7ComptrollerGenerals Eeport 409 14 Interest due Other Assets 03120 and accrued 9 80635 on mortgages 15 Interest accrued 109417 on bonds and stocks 16 Interest due 90000 and accrued 2 53442 on collateral loans 17 Interest on premiums notes loans or liens 18 Interest on other assets 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 1911 24 Gross deferred premiums on policies in force December 31 1911 15837 55 1094 17 3434 42 831 05 345 05 Renewals 13682 79 38152 54 1885 89 7866 04 Totals 25 Deducting loading actual per cent on new and actual per cent on renewals 15568 68 46018 58 8745 75 9136 92 26 Net amount of uncollec ted and deferred 6 822 93 36881 66 premiums V u p Extended 97 Furniture fixtures and safes and supplies 1550946 non ledger policy liens 640000 postage 14486 offset under death claims awaiting settlement 4 73677 stock notes and balances due on subscriptions 54369619 21542 24 52000 00 43704 59 570487 28 28 Total assets as per the books of the company Items Not Admitted 2951236 67 1 Company s stock owned 2 Furniture fixtures and safes 5 Agents balances unsecured 7 Bills receivable 8 Supplies printed matter find stationery 506416 stocks notes and balances due 54369619 total 14954250 10455 30 56526 45 172 87 548750 35 Total 9 Total assets less items not admitted 765447 47 2185789 Q410 ComptrollerGenerals Report VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to the American Experience Table of Mor tality with 3 and 3 per cent interest 1379840 07 Deduct net value of risks of this com pany reinsured in other solvent com panies 17611 00 Net reinsurance reserve 1362229 07 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 1349 35 5 Claims for death losses and matured endowments in process of adjustment or adjusted and not due 17500 00 6 Claims for death losses and other policy claims resisted by the company 3750 00 8 Present value of unpaid amounts on matured installment policies 7410 17 Total policy claims 30009 52 10 Amount of all unpaid dividends of surplus or other description of profits due poHcyholders 331608 S C Commissions 1912 3534416 38660 21 12 Amount of National state or other taxes due 5264 37 13 Amount due on account of salaries rents and office expenses 6833 39 16 Amount of any other liability of the company viz Premiums paid in advance 4972 interest paid in advance 10886 01 liability account Owonsboro Savings Bank and Trust Co 2254422 items await ing advices 86789 4795 94 17 Liabilities on policyholdcr s account 1477792 53 18 Gross surplus on poHcyholders account Capital partly paid 2033756 capital fully paid 48514600 sur plus 20251411 707996 67 19 Total liabilities 2185789 20 20 Estimated surplus accrued on tontine and other policies the profits upon which are especially reserved for that class of policies 1983 275 09 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 23082 07 ComptrollerGenerals Report 411 2 Premium notes loans or liens received dur ing the year on old policies 58455 99 Total 81538 06 Amount of notes loans or liens used in pay ment of losses and claims 67 30 Amount of notes loans or liens used in pur chase of surrendered policies voided by lapse 13476 76 Amount of notes loans or liens redeemed by makes in cash 51528 49 Total reduction of premium note account 65072 55 Balance note assets at end of the year 16465 51 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 Dec 31 of pre vious year 654 175144100 Number and amount of policies on the lives of citizens of Georgia issued during the year 924 3379659 00 Total 1578 5131100 00 Deduct number and amount which have ceased to be in force during the year 600 19838 30 Total number and amount of policies in force in Georgia December 31 1911 978 3147250 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 5 17850 00 Total 5 17850 00 Amount of losses and claims on policies in Georgia paid during the year 5 17850 00 What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits without any deduction for losses dividends com missions or other expenses Cash 5491896 notes or credits 339253 total 5831149 412 ComptrollerGenerals Eeport columbia life insurance company of ohio Felix G Cross President Siimner M Cross Secretary Principal Office N E Corner 4th Ave and Elm St Cincinnati Ohio John M Barnes Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 1 SI439 48 2 Amount of capital subscribed but unpaid 623953 10 Extended 623953 10 IIIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 28202 17 1 Cash received for renewal premiums without deductions for commissions or other expenses II 597 40 3 From dividends applied to pay running premiums 5938 22 4 From surrender values applied to pay run ning premiums 39 79 4 From surrender values applied to pur chase paid up insurance and annuties 21 17 5 Consideration for annuties other than matured installments policies 100 00 Total 149889 91 6 Deduct amount of premiums paid to other companies tor reinsurance on policies in this company now business 42059 renewals 500393 6024 52 7 Total income 143865 39 8 Cash received for intcrest mi mortgage loans 1 7i2l 19 9 Cash received for interest on bonds owned and dividends on stock 6412 58 10 Cash received for interest on premium notes loans or liens 3614 71 11 Cash received for interest on other debts due the com pany 3618 I I 19 From all other sources 15355 7 Total income 219589 04ComptrollerGenerals Report IIIDisbursements for the Year 413 1 Cash paid for death claims incuding revisionary additions 3 Cash paid for mutual endowments and additions thereto 13980 00 1000 00 Total 14980 00 7 Total net amount actually paid for losses 8 Cash paid to annuitants 10 Cash paid to policy holders 11 Cash dividends applied to pay running premiums 13 Surrender values paid in cash 14 Surrender values applied to pay running premiums is Surrender values applied to purchase paid up insurance and annuities Total paid policyholders paid for commissions and Bonuses to agents less commission on reinsurance new policies 880624 renewals 730507 Cash paid for salaries and allowances to managers and Cashed for medical examiners fees 20837 inspec tion of risks 10702 Cash paid for salaries and all other compensation of officers and other home office employees Cash paid for taxes on new premiums Cash paid for insurance department fees and agents licenses for rent including 150000 companys oceu 14980 00 572 37 238 65 5938 22 13392 52 39 79 211 47 35373 02 17 Cash 18 19 20 21 23 pancy 24 Cash paid 26 27 and 28 29 Cash paid for furniture fixtures and safes for home agency offices UBV7 Cash paid for advertising 102375 printing 284736 postage telegraph telephone express and exchange 115279 Cash paid for legal expenses Cash paid for the following items viz charter tax 96178 traveling expenses 330210 sundry creditors 13 82 return premiums interest 1254 health and accident disbursement 3829005 loss bond sale 00 agents balance charged to loss 204585 30 Total disbursements IVAssets as per Ledger Accounts 9 Loans on mortgage first liens on real estate I Loans sired bpledge of bonds stocks or other market able collaterals 16111 31 8345 37 2190 19 27595 36 69 86 277 80 1500 00 916 65 5023 87 43 30 45241 97 142686 70 371847 50 145415 00414 Comptroller Gek eral s Beport 4 Loans made in cash to policyholders on this companys policies assigned as collateral 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 bills receivable 10 Agents ledger balances Commuted premium loans 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 2659 70 and accrued 5 32723 on mortgages 15 Interest accrued 115277 on bonds and stocks 10 Interest accrued 61392 on collateral loans 17 Interest due 242 and accrued 10 01663 on premiums notes loans or liens 18 Interest accrued 5821 on other assets 7986 93 1152 77 613 92 10019 05 58 21 Total carried out 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 New Business 13610 38 2810 88 Renewals 16371 34 8144 31 Totals 25 Deducting loading 00 per cent on new and 18 per cent on re newals 16421 26 24515 05 9852 76 4412 82 26 Net amount of uneollec ted and deferred prem iums 777 45618 12 136209 61 592 36 41589 22 1058 52 10905 67 45617 44 698853 44 2149 01 696704 43 19830 88 6568 50 20102 83 Extended 26671 331 CompteolleeGeneeals Eepoet 27 Furniture fixtures and safes 28 Total assets as per the books of the company Items Not Admitted 2 Furniture fixtures and safes 5 Agents balances 7 Bills receivable 2000 00 10939 00 1058 52 415 2000 00 745206 64 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 1811 computed according to the Actuaries Table of Mortality with four per cent interest and American Table 3 per cent Deduct net value of risks of this company reinsured in other solvent companies 13997 52 731209 12 504376 21 6136 00 Net reinsurance reserve Claims for death losses due and unpaid executor not appointed Claims for death losses and matured en dowments in process of adjustment or adjusted and not due Claims for death losses and other policy claims resisted by the company Present value of unpaid amounts on matur ed installment policies 498240 21 2000 00 3150 00 1250 00 6740 00 13140 00 10 12 13 16 Total policy claims Amount of all unpaid dividends of surplus or other description of profits due policy holders Amount of national state or other taxes due Amount duo on account of salaries rents and office expenses Amount of any other liability of the company viz premiums paid in advance 44028 commission due agents and cost of collection 385066 liability on cancelled policies 84400 unearned interest 111248 premiums to be refunded 3300 premiums with ap plications 62249 health and accident liability 352544 4693 93 217 02 613 44 10428 33 17 Liabilities on policyholders account 527332 93416 ComptrollerGenerals Eeport 8 Gross surplus on policyholders account 203 876 1 19 Total liabilities 73120 12 Business in the State of Georgia During the Year Number and amount of policies on the lives of citizens of Georgia in force Dec 31 of pre vious year Number and amount of policies on the lives of 250 Georgia issued during the year 3 7 000 00 Total Deduct number and amountwhich have ceased tobe 950 m force during the year 1 lfiQQ 0Q Total number and amount of policies in force in Georgia December 31 1912 4 Q THE COLUMBIAN NATIONAL LIFE INSURANCE COMPANY OF BOSTON MASSACHUSETTS Arthur E Childs President W TT R rnTe 76180 Federal wLLBMrs8ecretary Alfred C Newell Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 1000000 00 Amount of net or ledger assets December 31 of previous year 5 656 524 12 Extended at 5650524 1 2 ITIncome During the Year 1 Cash received for premiums on new poli cies without deductions for commis sons or other expenses 178 032 1 Cash receded for renewal premiums without deductions for commissions or other expenses 2 Premium notes loans or lien taien in part payment for premiums on new policies 36847 41 2 Premium notes loans or liens taken in part payment for renewal premium 384 049 10 3 Prom dividends applied to pay running pr6miUmS 13943 72Siil ComptrollerGenerals Report 417 3i2 From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay running premiums 41 From surrender values applied to pur chase paid up insurance and annuities 5 Consideration for annuities other than matured installment policies 510 Accident and health premium income Total 7w634 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 5 09791 renewals 895557 life 14053 48 87 02 2514 01 32593 70 2665 15 173499 17 7 8 9 10 11 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 com pany deposits in banks 666095 overdue premiums 22879 Cash received for profits on sales of bonds and stocks 353879all other 66000 received from their 14 15 Ledger assets other than premiums other companies for assuming or reinsuring risks 18 19 Increase by adjustment in book value of bonds From all other sources viz American Investment Securities Co 12486562 interest OBrien mortgage account 22638 Total income IIIDisbursements for the Year 1722612 86 88158 96 176415 23 40064 00 6889 74 4198 79 1047017 81 1857 14 125092 00 3212306 53 1 Cash paid for death claims incuding revisionary additions 2 Premiums notes loans or liens used in payment of the same 280948 81 13 46 Total 280962 27 7 Total net amount actually paid for losses 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of sur rendered policies 79241 voided by lapse 2791942 less 121228 revived net 2670714 280962 27 669 56 27499 55418 Comptroller General s Eeport 9 Premium notes loans or liens used in payment of dividends to polieyholders j 173 50 10 Gash dividends paid polieyholders 3 234 97 11 Cash dividends applied to pay running premiums 13 943 72 12 Cash dividends applied to purchase paid up additions an annuities 87 02 13 Surrender values paid in cash 156 907 25 14 Surrender values applied to pay running premiums 2 514 01 15 Surrender values applied to purchase paid up insurance and annuities 32 593 70 15y2 Accident and health claims paid 60 010 02 Total paid polieyholders 579600 57 Paid for claims on supplementary contracts not involv ing life contingencies 1 000 00 16 Cash paid stockholders for dividends 70 000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 62 78948 renewals 4344604 commuted renewal com missions 1425625 120 491 77 18 Cash paid for salaries and allowances to managers agents supervisors including branch office expense 82947 79 19 Cash paid for medical examiners fees 1394340 inspec tion of risks 351206 17 455 46 20 Cash paid for salaries and all other compensation of officers and other home office employees 100 166 04 21 Cash paid for taxes on life premiums 1525385 personal property 13222 a5386 07 22 Commission and expense account Colorado National Con solidation 256818 60 23 Cash paid for insurance department fees and agents licenses 585102 municipal licenses 90181 6752 83 24 Cash paid for rent including companys occupancy less 6925 received under sublease 32 770 17 25 Home office general expense 1474041 home office traveling expenses 869318 23 433 59 26 Cash paid for furniture fixtures and safes for home and agency offices 2313 04 27 Cash paid for advertising 409097 printing and sta tionery 1465911 postage telephone and telegraph freight and express exchange 1246828 31218 36 28 Investigation of death claims 140514 for legal ex penses 383887 5 244 01 29 Cash paid for the following items viz accident and health including commissions salary taxes etc 106633 67 All other disbursements 41 g 02 30 Total disbursements j 493 g4g q0 I ComptrollerGenerals Eeport IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incuinbrances 2 Loans on mortgage first liens on real estate 4 Loans made in cash to policyholders on this companys policies as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balances Accident and health premium in course of collection Suspense 262946 contingent funds subject to draft by cashier 26782 13 Total ledger assets per balance above 419 40424 69 1871217 18 826469 30 133147 90 3830060 29 13725 02 560816 17 63304 34 32922 39 2897 28 7374984 65 Other Assets 14 Interest due 337121 and accrued 24 73831 on mortgages 15 Interest accrued 2814732 on bonds and stocks 17 Interest due 338299 and accrued 3 50620 on premiums notes loans or liens 18 Interest due 5693 and accrued 45195 on other assets bank balances 2810952 28147 32 6889 19 508 88 Total carried out New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1911 35878 03 12600189 24 Gross deferred premiums on policies in force December 31 1911 11852 65 73328 35 63654 91 Totals 25 Deducting loading 47730 68 199330 24 8552 05 40940 90 26 Net amount of uncol lected and deferred premiums 39178 63 158 389 34 Extended 28 Gross assets 197567 97 7636207 53420 ComptbolleeGeneeals Report Items Not Admitted 3 Loading on premium notes 27240 76 4 Cash advanced or in the hands of officers or agents contingent funds 267 82 5 Agents balances dr 64044 52 6 Suspense 2629 46 7 Book over market value real estate 23691 bonds and stocks 9174679 91983 70 8 Accident and health premiums in course of collection written prior to Oct 1 1911 2455 94 Total 158622 20 9 Total assets less items not admitted 7447585 33 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to American Experience 3 per cent 6653 00 Net reinsurance reserve 5 698 113 00 3 Claims for death losses no proof re ceived 41000 00 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 18 621 00 6 Claims for death losses and other policy claims resisted by the company 15500 00 7 Amounts due and unpaid on annuity claims 75 63 8 Present value of unpaid amounts on matured installment policies 15437 00 9 Surrender value that may be demanded 1765 99 Total policy claims 92 399 62 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 2 843 57 11 Advanced deposits account pending insurance 558 41 12 Amount of national state or other taxes due or accrued 21222 7 L3 Amount due on account of salaries rents and office expenses medical and legal fees 19 662 46 II Commissions to agents 5 764 93 15 Balance from sale at foreclosure OBrien mortgages 399 II 16 Amount of any other liability of the company viz premiums and interest paid in advance 120237 57ComptrollerGenerals Report 421 Accident and health department including 7882720 unearned premiums and 3491215 claims in process of adjustment 12603 5991667 79 18 Capital stock 1000000 00 19 Surplus 455917 54 Total 7447585 33 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 97131 94 2 Premium notes loans or liens received dur ing the year on new policies 5288956 on old policies 21824624 271135 80 Restored by revival of policies 1212 28 Total 36948002 Amount of notes loans or liens used in pay ment of losses and claims 13 46 Amount of notes loans or liens used in pur chase of surrendered policies 792 41 Amount of notes loans or liens voided by lapse 27919 42 Amount of notes loans or liens used in pay ment of dividends to policyholders 1178 50 Amount of notes loans or liens redeemed by maker in cash 206428 24 Total reduction of premium note account 236332 03 Balance note assets at end of the year 133147 99 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 Dec 31 of pre vious year 491 1303220 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 324 924606 00 Total 815 2JE278S8 00 Deduct number and amount which have ceased to be in force during the year 136 397879 00 Total numbeT and amount of policies in force in Georgia December 31 1911 679 1829947 00 422 ComptrollerGenerals Report No Amount Amount of losses and claims on policies in Georgia incurred during the year 5 16000 00 Total 5 16000 00 Amount of losses and claims on policies in Georgia paid during the year 4 11000 00 What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Cash 4584015 notes or credits 1011131 total 55951 46 COMMERCIAL LIFE INSURANCE CASUALTY COMPANY OF SAVANNAH GEORGIA Win W Williamson President Principal Office Savannah Georgia ICapital Stock 1 Amount of capital stock paid up in cash 200000 00 2 Amount of net or ledger assets December 31 of previous year Increase of capital during 1911 267550 64 17860 00 Extended at 285410 64 IIIncome During the Year 1 Cash received for premiums on new policies without deductions for commis sions or other expenses 34069 26 M Cash received for renewal premiums without deductions for commissions or other expenses 5051 46 2 Premium notes loans or liens taken in part payment for renewal premium 841 45 Total Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 42864 renewals 4660 39962 17 475 24 7 Total premium income 8 Cash received for interest on mortgage loans 39486 93 506 30ComptrollerGenerals Eeport 9 Cash receivedfor 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 otherdebts due the com pany 12 Cash received as interest on stock subscriptions Total income 17 18 19 20 21 23 24 26 27 28 29 IIIDisbursements for the Tear Cash paid for commission and bonuses to agents less commission on reinsurance new policies 1746778 renewals 14993 Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees 506700 inspec tion risks 186525 Cash paid for salaries and all other compensation of officers and other home office employees Cash paid for taxes on new premiums Cash paid for insurance department fees and agents licenses 120206 municipal licenses 86950 Cash paid for rent including 175000 companys occu pancy Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 68365 printing stationery and supplies 248592 Cash paid for legal expenses Cash paid for the following items viz Branch office expenses 96585 exchange 4358 postage telephone and express 97555 traveling expenses of agents 12463 traveling expenses of officers and employees 69498 books arol interest to journals 13978 agents balances charged off 208851 incidental 80750 30 Total disbursements IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 5 Premium notes loans or liens on policies in force of which 84145 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 Cfish deposited in banks 423 7398 66 1 69 594 67 1371 06 49419 31 17617 71 12330 31 6932 25 13095 71 73 it 2071 56 1750 00 2041 57 3169 57 921 63 5840 38 65844 33 51619 50 841 45 154 891 45 4550 55 52429 81 424 ComptrollerGenerals Report 10 Agents ledger balances 11 Total net or ledger assets as per balance above 13 Total net or ledger assets less depreciation Other Assets 14 Interest accrued 107272 on mortgages 15 Interest accrued 326000 on bonds and stocks 17 Interest accrued 450 on premiums notes loans or liens 18 Interest accrued 43906 on cash in banks 4652 86 268985 62 268985 62 1072 72 3260 00 4 50 439 06 Total carried out 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 New Business Renewals 1337 94 1084 55 Totals 25 Deducting loading 1084 55 597 46 301 45 1639 39 265 84 26 Net amount of uncol lected and deferred premiums 487 09 1373 55 Extended 27 Furniture fixtures and safes 280000 stationery and supplies 50000 28 Total assets as per the books of the company 4776 28 1860 64 3300 00 278922 54 Items Not Admitted 2 Furniture fixtures and safes 5 Agents balances 8 Supplies printed matter and stationery 2800 00 4652 86 500 00 Total 9 Total asset less items not admitted 7952 86 270969 68 VLiabilities 1 Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 computed according to TheComptrollerGenerals Report 425 Actuaries Table of Mortality with 4 per cent interest American Exper ience 312 per cent 14669 03 Deduct net value of risks of this com pany reinsured in other solvent com panies 74 00 Net reinsurance reserve 14595 03 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 100 00 Total policy claims 100 00 12 Amount of national state or other taxes due 97 60 13 Amount due on account of salaries rents and office ex penses 1100 00 16 Amount of any other liability of the company viz commissions due to agents 14060 contingent com missions on premium notes 4604 186 64 17 Liabilities on policyholder s account 16079 27 18 Gross surplus on policyholders account 254890 41 19 Total liabilities 270969 68 VIPremium Note Account 2 Premium notes loans or liens received dur ing the year on old policies 841 45 Total 84145 Balance notes assets at end of the year 841 45 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 Dec 31 of pre vious year 118 242500 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 774 817500 00 Total 892 1060000 00 Deduct number and amount which have ceased to be in force during the year 35 64000 00 Total number and amount of policies in force in Georgia December 31 1911 857 996000 00 What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits426 ComptrollerGenerals Report without any deduction for losses dividends com missions or other expenses Cash 2954657 notes or credits 84145 total 3038802 CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF HARTFORD CONNECTICUT John M Taylor President William H Deming Secretary Home Office 36 Pearl Street HartfordConneeticut Oscar Palmour Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year includ ing suspense account 2373300 67088620 86 4 Extended at 67088620 86 IIIncome During the Year 5 First year s premiums on original policies without deduction for commissions or other expenses 663 641 75 7 Total first years premiums on original policies 663641 75 8 Dividends applied to purchase paid up ad ditions and annuities 4303 65 9 Surrender values applied to purchase paid up insurance and annuities 41463 67 10 Consideration for original annuities in volving life contingencies 23581 88 11 Consideration for supplementary contracts involving life contingencies 976 38 12 Total new premiums 733967 33 13 Renewal premiums without deduction for commissions or other expenses for re insurance or renewals including 3 66149 for interest on delay premium payments 4793419 82 14 Dividends applied to pay renewal premiums 898276 12 16 Surrender values applied to pay renewal premiums 1116 72 18 Total renewal premiums 5 692 812 66 19 Total premium income 6426779 90ComptrollerGenerals Report 427 20 Consideration for supplementary contracts not involving life contingencies 21 Dividends left with the company to accumulate at interest including 12050723 dividends left to accumulate prior to 1908 and not previously charged through disbursements 23 Gross interest on mortgage loans Gross interest on bonds and dividends on stocks less 11367 accrued interest on bonds acquired during 1911 Gross interest on premium notes policy loans or hens Gross interest on deposits in trust companies and banks 29 Gross interest on land contracts 30 Bills rec 30 Dcf cash payments in R E sales 11186 31 Gross discount on claims paid in advance Gross rent from companys property including 35 00000 for companys occupancy of its own buildings 25 26 27 32 33 Total gross interest and rents 35 Unapplied payments on land contracts 41 Gross profit on sale or maturity of ledger assets viz real estate 1574047 bonds 212941 49 Gross increase by adjustment in book value of ledger assets viz bonds including 580344 for accrual of discount 46035 29 341462 26 1419052 29 1102188 11 281302 73 22525 53 37646 31 141 86 785 81 254669 83 3118312 47 24247 05 17869 88 5803 44 43 Total income IIIDisbursements for the Year 1 For death claims 4572632 18 2 Fox matured endowments 388039 40 3 Net amount paid for losses and matured endowments 4960671 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse less 14800 restorations 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums to pay renewal premiums 8 Surrender values applied to purchase paid up insurance and annuities 9 Dividends paid to policyholders in cash or applied in liquidation on loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paid up additions and annuities 19317 79 481 00 1078914 49 1116 72 41463 67 306793 74 898276 12 4303 65428 Comptroller Generals Report 13 Dividends left with the company to accumulate at interest 220955 03 14 Total paid policyholders 7 532 20 79 15 Expense of investigation and settlement of policy claims including 237733 for legal expenses 2377 33 16 Paid for claims on supplementary contracts not involving life contingencies 4 502 61 17 Dividends and interest thereon held on deposit surren dered during the year 225583 30 19 Commissions to agents less commission on reinsurance first years premiums 24703577 renewal premiums 31787001 annuities original 30162 505807 40 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 15902 12 22 Agency supervision and traveling expenses except com pensation for home office supervision 10796 85 23 Branch office expenses including salaries of managers and clerks 44060 gg 24 Medical examiners fees 4102800 inspection of risks 62072 49248 72 25 Salaries and all other compensation of officers directors trustees and home office employees 223124 10 26 Rent including 3500000 for companys occupancy of its own buildings less 6629 received under sublease 56622 7s 27 Advertising 339715 printing and stationery 35 68037 postage telegraph telephone and express 2684169 exchange 125078 07109 99 28 Legal expense 5 gfil i 29 Furniture fixtures and safes 661 10 30 Repairs and expenses other than faxes on real estate 138220 69 31 Taxes on real estate 92 i 13 41 32 State taxes on premiums 05 127 02 3 Insurance department licenses and fees 5153 26 34 All other licenses fees and taxes federal corporation tax 950408 state county and municipal 254925 reserve 1297050 franchise Conn 13435522 159383 05 38 Other disbursements suspense account of Dec 31 1910 237300 traveling expenses 2284157 recording fees 22385 safe rent 1000 lock repairing SS20 fire insurance on office furniture at agencies 805 Clerk hire of farm loan inspector 90000 47 801 07 46 Gross loss on sale or maturity of ledger assets viz real estate 21155452 bonds 338174 217936 26 47 Gross decrease by adjustment in book value of ledger assets viz bonds including 1327311 for amortiza tion of premiums 073 11 r 48 Total disbursements 9543686 57 CompteollerGenebals Eeport IVAssets as per Ledger Accounts 429 4504933 43 1 Book value of real estate 2 Mortgage loans on real estate first liens dUbOdO 4 Loans made to policyholders on this companys policies g assigned as collateral 253058 85 5 Premium notes on policies in force 6 Book value of bonds 2449176600 and stocks 842 g 529755 18 45925 9 Deposit in trust companies and banks on interest 10 Bills receivable 66500 agents balances debit 213225 credit 168875 net 44350 11 Real estate sold under land contract bal purchase price 801621 12 Total ledger assets as per balance 67525444 67 NonLedger Assets 13 Interest due 1691294 and accrued 55611 or mortgages 905469 05 14 Interest accrued 24829263 on bonds 248 od 16 Interest due 14234624 and accrued 8 185 44 on premium notes and due 9 26928 and accrued 159800 96 18 Interest due 407510 and accrued 12 04492 on land contracts 20 Bents due 286678 and accrued 414177 on companys property or lease 16120 02 7008 55 accrued 1336691 21 21 Total interest and rents due and New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1911 26 Gross deferred premiums in force December 31 1911 8429 29 149528 79 67627 53 463174 35 27 Totals 76056 82 612 703 14 28 Deduct 20 loading 15211 36 122540 03 29 Net amount of uncol lected and deferred premiums Extended at 60845 46 490162 51 551007 07 35 Gross assets 69413143 85 430 COMPTEOLLEB GENERAL s REPORT Items Not Admitted 38 Agents debit balances gross 40 Bills receivable 41 Premium notes and loans on policies and net premiums in excess of the net value of their policies 43 Book value of ledger assets over market value viz bonds and stocks 565707 00 2132 25 665 00 2350 00 46 Admitted assets 570854 25 68842 289 60 VInabilities Net present value of all the outstanding policies in force on the 31st day of December 1911 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 all policies issued prior to April 1st 1882 and all policies issued in exchange therefor 19593527 00 2 American Exp erience table at 3 per cent on all other policies 43094363 00 Same for reversionary additions 6 203 00 Total 5 Net present value of annuities including those in reduction of premiums Mc Clintocks tables with 3 per cent 43100566 00 interest 203457 00 Total 62897550 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company at 3 per cent 61 946 67 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demanded or is given by custom of the company 117 03 00 11 Claims for death losses due and unpaid 52645 68 12 Claims for death losses in process of adjust ment or adjusted and not due 102114 00 13 Claims for death losses incurred for which no proofs have been received 14 Claims for matured endowments due and Paid 22203 00 136156 00ComptrollerGenerals Beport 431 15 Claima for death losses and other policy claims resisted by the company 10000 00 16 Due and unpaid on annuity claims involv ing life contingencies 160 99 17 Total policy claims 323279 67 19 Dividends left with the company to accumulate at interest and accrued interest thereon 1649703 34 20 Premiums paid in advance including surrender values so applied 2938559 21 Unearned interest and rent paid in advance mortgage loans 44913 policy loans 12502780 125476 93 25 Salaries rents office expenses bills and accounts due or accrued estimated 2500 00 26 Medical examiners fees 1062400 and legal fees 1 75000 due or accrued 12374 00 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 78000 00 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred 89600 77 premiums 35 Reserve special or surplus funds not included above Reserve for unreported death losses 75000 00 39 All other liabilities Surrender values credited with accrued interest 53 41 Suspense account unapplied payments on land contracts 24247 05 45 Unassigned funds surplus 3351096 5 46 Total 68842280 60 Business in the State of Georgia During the Year No Amount 17 Policies on the lives of citizens of said state in force December 31 of previous year 667 1633544 00 18 Policies on the lives of citizens of said state issued during the year J2 533773 00 19 Total 889 2167317 00 20 Deduct ceased to be in force during the year 63 146360 00 21 Policies in force December 31 826 2020957 00 No Amount 22 Losses and claims unpaid December 31 of previous 1 2o00 00 vear 23 Losses and claims incurred during year 20 57052 00 24 Total 59552432 CompteollebGeneeals Report 25 Losses and claims settled during the year in cash 4955200 19 49552 00 26 Losses and claims unpaid December 31 2 10000 00 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses 66074 61 CHEROKEE LIFE INSURANCE COMPANY OF ROME GEORGIA QUARTERLY STATEMENT W W Bowie President G N Henshall Secretary Principal Office Rome Ga ICapital Stock Amount of net or ledger assets December 31 of previous year 299841 99 Extended at 299841 99 IIIncome During the Year 7 Total premium income 24866 03 8 Cash received for interest on mortgage loans 124 50 9 Cash received for interest on bonds owned and dividends on stock 2118 96 11 Cash received for interest on other debts due the company 2352 75 12 Cash received as discount 011 claims paid in advance agents credit balance charged off 100 00 13 Cash received for rents for use of companys property including companys own occupancy 2005 50 16 From dividends and surrender values on reinsurances bonds deposited by agents 93 75 17 Premium notes loans or liens restored by revival of policies part pay certificates 1871 10 18 Money borrowed 25000 00 19 From all other sources viz Sale certificates 28787500 surplus 75000 suspended 15525 288780 25 Total income 347312 84 Total 647154 83 IIIDisbursements for the Year 7 Total net amount actually paid for losses 8236 50 17 Cash paid for commission am bonuses to agents less commission on reinsurance 85 511 19 18 Cash paid for salaries and allowances to managers and agents 40134 80 ComptrollerGenerals Report 19 Cash paid for medical examiners fees 654072 inspection of risks 900 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for postage 22 Cash paid for interest 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent including companys occupancy 25 Cash paid for commuting commissions miscellaneous expenses 20 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 277075 printing 247605 28 Cash paid for real estate expenses other than taxes 1 77395 for legal expenses 103229 29 Cash paid for the following items 433 6549 72 7330 97 387 96 22955 40 1421 93 1409 30 1491 33 1321 00 5246 80 2806 24 3638 54 21749 51 30 Total disbursements 210191 25 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 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 11 Total net or ledger assets as per balance above Other Assets 14 Interest on mortgages 15 Interest on bonds and stocks 16 Interest on collateral loans 172 55 1314 59 1911 73 26131 15 7300 00 104658 50 1887 10 276899 61 1325 00 18762 22 436963 58 Total carried out 27 Furniture fixtures and safes 3398 87 7445 50 28 Total assets as per the books of the company Items Not Admitted 447 807 95 2 Furniture fixtures and safes 5 Agents balances 7445 50 18762 22434 ComptrollerGenerals Report 7 Bills receivable l 325 00 Total 9 Total assets less items not admitted VLiabilities Net reinsurance reserve 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 6 Claims for death losses and other policy claims resisted by the company 9 Amount of trust funds held by the com pany cash bond for agents 216 00 5150 00 143 75 Total policy claims j 11 Amount of contingent liability 12 Amount of outstanding bills 13 Amount due on account of salaries rents and office expenses interest accrued on certificates 14 Amount due by the company for borrowed money 15 Amount due to others for advances on account of expenses of organization due agents 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 27532 72 420275 23 2825 00 5509 75 1000 00 6226 59 12340 69 25000 00 3740 63 56642 66 363632 57 19 Total liabilities 420275 23 CHEROKEE LIFE INSURANCE COMPANY OF ROME GEORGIA ANNUAL STATEMENT W W Bowie President G K Henshall Secretary Principal Office Second Avenue Rome Ga ICapital Stock Amount of net ledger assets December 31 of previous year 23410 09 Extended at 23410 09 IIIncome During the Year 1 Cash received for premiums on new CompteollbeGenbbaxis Bepokt policies without deductions for commis sions or other expenses 47205 05 47205 05 Total 7 Total premium income 9 Cash received for interest on bonds owned and dividends on stocks premium notes loans or liens and other debts due the company 13 Cash received for rents for use of companys property including 81750 for companys own occupancy 18 Money borrowed 19 From all other sources viz Income certificates Total income IIIDisbursements for the Tear Cash paid for death claims revisionary additions incuding 22842 18 Total 22842 18 7 16 17 18 19 20 21 22 23 24 25 26 27 28 2 y Total net amount actually paid for losses Cash paid for branch office expenses salaries managers and clerks Casn paid for commissions and bonuses to agents less commission on reinsurance new policies 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 commissions on income certificates sales Cash paid on real estate Cash paid for insurance department fees and agents licenses Cash paid for rent including 81750 companys occupancy Cash paid for travelling expenses Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 258150 printing 585142 exchange and discount 799047 Cash paid for real estate expenses other than taxes 5 31249 for legal expenses 178239 Cash paid for the following items viz Postage 46753 office rent branch 41094 fire insurance 5492 general epenses home office 554140 branch office 307001 interest on certificates 840600 accrued interest on bonds 172897 miscellaneous bills pay 189999 Total agents balances charged off 30 Total disbursements 435 47205 05 4433 31 4J245 45 15515 21 558365 00 629764 02 22842 18 18209 03 55 62 38462 11 8246 30 16984 04 169488 49 1252 82 1073 55 2075 80 12147 54 4867 69 16423 39 7094 88 21579 76 2528 92 353332 12 436 COMPTEOLLEE GeNEBAL s EePOET IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 0 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office cash in bank 5148984 total deposits 9771091 9 Bills receivable 10 Agents ledger balances 26067 40 9250 00 104658 50 149200 75 1525 00 9140 34 11 Total net or ledger assets as per balance above 299 841 99 Other Assets 14 Interest accrued 18500 on mortgages 185 00 15 Interest accrued 217250 on lionIs and stwks 2172 50 16 Interest accrued 163280 on time deposits 1632 80 17 Interest on Hillyer Trust Co 16S 10 Total carried out 27 Furniture fixtures and safes 4158 40 6124 50 28 Total assets as per the books of the company Items Not Admitted 310124 89 2 Furniture fixtures and sates 5 Agents balances 7 Rills receivable 6124 50 9140 34 1525 00 Total 9 Total assets less items not admitted 16789 84 293335 05 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with 4 per cent interest 150 per 10000 industrial 52970 80 Net reinsurance reserve 3 Claims for death losses due and unpaid 6 Claims for death losses and other policy claims resisted by the company 256 00 982 00 Total policy claims 10 Amount of overpaid interest by Hazlehurst Ga 52970 80 1238 00 75 00 I ComptrollerGenerals Report 437 11 Amount of commissions to agents and other items due 2294 05 12 Amount of medical examiners dues 13 Amount due on unpaid current bills V V 14 Amount due by the company for borrowed money mclud ing 14665 interest due or accrued 16 Amount of any other liability of the company vrz Accrued interest on income certificates 17 Liabilities on Policyholder s account 2Oo94 97 18 Gross surplus on policyholders account 293335 05 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 Dec 31 of pre vious year Number and amount of policies on the lives ot citizens of Georgia issued during the year 48321 618b4 00 50849 7984051 00 Total Deduct number and amount which have ceased to be in force during the year aw Total number and amount of policies in force in Georgia December 31 1911 Amount of losses and claims on policies in Georgia incurred during the year 215 24080 00 Total Amount of losses and claims on policies in Georgia paid during the year n What amount of premiums was collected or secured m Geor gia during the year in cash and notes or credits with out any deduction for losses dividends commissions or other expenses Cash 4692575 total 4692575 EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GEORGIA t Thos M Callawav Secretary Win W Eeid President inus Principal Office Atlanta Georgia Win A Wright Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 8Sbs4 l 883884 12 Extended at tl 438 CompteolleeGeneeals Repoet IIIncome During the Year 1 Oash received for premiums on new policies without deductions for commis sions or other expenses 221 786 19 1 Cash received for renewal premiums without deductions for commissions or other expenses 296727 78 2 Premium notes loans or liens taken in part payment for premiums on new policies 18451 56 21 Premium notes loans or liens taken in part payment for renewal premium 88 529 16 3 From dividends applied to pay running premiums 54 263 71 3 From dividends applied to purchase paid up additions and annuities 401 34 4 From surrender values applied to pay run ning premiums 43 63 Total 690203 37 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 920953 renewals 802085 17230 38 7 Total premium income 8Cash 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 17 From agents balances previously charged off 19 From all other sources Total income ITTDisbursements for the Year 1 Cash paid for death claims including revisionarv additions 94 350 00 3 Cash paid for matured endowments and additions thereto non no 5 Cash paid for sums falling due during tin year on installment policies 26 045 72 Total 126295 72 Endowments 000 on 7 Total net amount actually paid for losses 8 Cash paid for sick and accident claims 672972 99 1323 A 2 16280 00 25535 14 6796 85 5 96 97930 33 820844 69 125295 72 4303 53CompteolleeGeneeals Repoet 439 Premium notes loans ox lien used in purchase of suen dered policies 1137055 voxded by lapse fb0j 9 Premium notes loans or liens used in payment of dm dends to polieyholders 83 94 10 Cash dividends paid polieyholders n 11 Cash dividends applied to pay runnmg premiums 12 Ssn dividends applied to purchase paid up additions and annuities 7558 90 13 Surrender values paid in cash 43 63 14 Surrender values applied to pay runnmg premiums 251382 t5 Total paid polieyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 400073 renewals 252525 a 18 oJS for salaries and allowances to managers and 19 CaTpaid for mediexamines ii 57 tion of risks 318984 e 20 Cash paid for salaries and all other compensate o officers and other home office employees 21 Cash paid for taxes on new premiums and renewals 3484 99 Pash raid for taxes on investments 23 Cash paid for insurance department fees and agents 24 OaT for reni Ending company s occupancy 4421 68 25 Cash paid for agency expenses gl 26 Cash paid for JwnM 11 40 27 Cash paid for advertising 661974 prmxi g 28 Cash paid for legal expenses 29 Cash paid for the following items viz Contractual certificate dividends and expenses J Telephone telegraph and JfJfZ f80 TsTl X eifed agents balances SSf JJ5Si Mellaneous advertising etc 373670 644300 85 Total disbursements IVAssets as per Ledger Accounts d 0Q 70 Cost value of Beal estate exclusive of all incurnbranees gg 2 Loans on mortgage first Hens m t8 other 3 Loans secured by pledge of bonds stocks Q7 which 4321618 was received during the year 440 CompteoLLeeGeneEals Bepobt 6 Market value of bonds and stocks owned excluding accrued interest at time of purchase 505260 83 7 Cash m companys office 8 Cash deposited in banks 9 bills receivable 10 Agents ledger balances Accounts receivable Furniture and fixtures Purchase money notes first liens on real estate 7374 98 38603 57 41977 89 13839 23 22678 66 12614 41 11078 80 13 Total Net or ledger assets less depreciation 1121871 15 Other Assets 14 Interest on mortgages lj925 45 15 Interest on bonds and stocks 220 00 16 Interest on collateral loans 75 90 17 Interest on premiums notes loans or liens 2688 64 18 Interest on other assets Total carried out 4233 13 11043 12 New Business 23 Gross premiums due and unreported on policies in force December 31 1911 16216 19 24 Gross deferred premiums on policies in force December 31 1911 2118 93 Renewals 40205 98 10348 91 Totals 25 Deducting loading 18335 12 12834 58 50554 89 10110 97 26 Net amount of uncol lected and deferred f613 5500 54 40443 92 Extended 45944 46 28 Total assets as per the books of the company773 Items Not Admitted 2 Furniture fixtures and safes 4 5 Agents balances 6 Loans on persona security endorsed or not accounts receivable 7 Bills receivable and interest accrued 8 Premium notes loans and liens in excess of reserve 12614 41 13139 23 22678 66 45141 3 7421 70 Total 9 Total assets less items not admitted JJ ComptbolleeGeneeals Eepoet 441 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to the Actuaries Table of Mortality with 4 per cent interest Deduct net value of risks of this com pany reinsured in other solvent com panies 869158 44 9318 90 Net reinsurance reserve 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 6 Claims for death losses and other policy claims resisted by the company 8 Present value of unpaid amounts on matured installment policies 9 Sick and accident claims in process 859839 54 13163 00 10416 00 57672 00 831 04 Total policy claims 10 Amount of unpaid dividends of surplus or other descrip tion of profits due policyholders 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office expenses 16 Amount of any other liability of the company viz premiums paid in advance 665120 medical ex aminers fees 82250 reinsurance premiums 3 2ri40 bills and accounts payable 5946766 82082 04 1201 94 2015 47 176 60 70196 76 17 Liabilities on policyholdevs account 18 Gross surplus on policyholders account 1015512 35 62351 07 19 Total liabilities VIPremium Note Account 1077863 42 27574 32 1 Premium notes on hand December 31 or previous year 2 Premium notes loans or liens received dur ing the year on new policies 106203 94 Total 133778 26 Deductions luring the year as follows voided by lapse 583621 used in payment of dividends to policy holders 45750 redeemed by maker in cash 84 26837 90562 08 Balance note assets at end of the year 43216 J8442 ComptrollerGenerals Report Business in the State of Georgia During the Year No Amount JNumber and amount of policies on the lives of citizens of Georgia in force December 31st of previous year 70gs 15610718 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 3099 4 992 294 00 tal 10187 20603012 00 Deduct number and amount which have ceased to be in force during the year 2879 4198000 00 Total number and amount of policies in force in Georgia December 31 1911 7308 164030 2 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31st of previous year H 27444 19 Amount of losses and claims on policies in Georgia incurred during the year 61 j 0Qm 0Q T0if J 75 128107 19 Amount of losses and claims on policies in Georgia paid during the year 64 09028 19 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 5926571 6 THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES CITY OF NEW YORK N Y W A Day President w i a Alexander Secretary Home Office 120 Broadway New York City X Y Prank W Burr 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 year486610946 90 4ExtDded at486610946 90CommkollerGenebals Bepoet 443 IIIncome During the Year 5 First years premiums on original policies without deduction for commissions or other expenses less 6997350 for first years reinsurance 4648235 37 6 Surrender values applied to pay first years premiums 9553 89 7 Total first years premiums on original policies 4657789 26 8 Dividends applied to purchase paid up additions and annuities 1116621 77 10 Consideration for original annuities in volving life contingencies 805618 42 11 Consideration for supplementary contracts involving life contingencies 319186 38 12 Total new premiums 6899215 83 13 Eenewal premiums without deduction for commissions or other expenses less 42501594 for reinsurance on renewals 44260346 25 14 Dividends applied to pay renewal premiums 1642890 24 16 Surrender values applied to pay renewal premiums 34890 90 17 Eenewal premiums for deferred annuities 44805 79 18 Total renewal premiums 45982933 18 19 Total premium income 52882149 01 20 Consideration for supplementary contracts not involving life contingencies 418185 22 21 Dividends left with the company to accumulate at interest 105886 76 22 Ledger assets other than premiums received from other companies for assuming their risks 312 00 23 Gross interest on mortgage loans less 259917 accrued interest on mortgages acquired during 1911 4599032 47 24 Gross interest on collateral loans 5612 50 25 Gross interest on bonds and dividends on Stocks less 26078262 accrued interest on bonds acquired during 1911 11612057 25 26 Gross interest on premium notes policy loans or liens 3366412 28 27 Gross interest on deposits in trust com panies and banks 448099 89 28 Gross interest on other debts due the com pany 187792 75444 ComptrollerGekeRals Report 10591 51 31 Gross discount on claims paid in ad vance 32 Gross rent from companys property in cluding 35307109 for companys occupancy of its own buildings 1624 671 85 33 Total gross interest and rents 35 Rent deposits 8tJ0A fn 36 Deposits on account of insurance 37 Fire insurance indemnity fund 39 Profits 40 From agents balances previously charged off 41 Gross profit on sale or maturity of ledger assetsviz Realestate 15649 bonds 9550800 stocks 809 42 Gross increase by adjustment inbookvalue of ledger assets viz bonds including 17309500 for accrual of discount 7134 39 35400 61 14617i 19 6804 1 1 97105 si 9111946 49 173095 00 43 Total income 76634274 09 IIIDisbursements for the Sear 1 For death claims less 22200000 rein suxance 2016956359 additions 37997084 2 Foir matured endowments 843475122 additions 2164495 20549534 43 8456396 17 nijuiuuuon oi Joans or notes 10 Dividends applied to pay renewal premium 12 Dividends applied to purchase paidup a annuities 13 Dividends left with the interest Iditinns and 3 Jet amount paid for losses and matured endowments 29 005 930 6 4 For annuities involving life contingencies 1 6 Surrender values paid in cash or applied in ll1iatio U 8 of loans or notes 7 Surrender value applied to pay new premiums ooi89 to pay renewal premiums 3489050 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 901828 1642890 24 1110621 77 1058S6 76 54921300 90 21663 82 235741 16 13921 67 7000 00 ompany to accumulate at 14 Total paid policyholders 15 Expense of investigation and settlementofpoiicyciaim including 2166382 for legal expense 10 Paid for claims on supplementary contracts not hnolv ing life contingencies 17 Dividends and interest thereonheldon deposiVVurren dered during the year 18 Paid stockholders for interest or dividends ComptrollerGenerals Report 445 19 Commissions to agents less commission on reinsurance First years premiums 205177745 renewaL prem iums 268913107 annuities original 3oo04y renewal 209562 1220Q 79 20 Commuted renewal commissions 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance iV 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 246430 23 Branch office expenses including salaries of managers and clerks 24 Medical examiners fees 24839357 mspeetion or risks 4i85 021 09 25 Salaries and all other compensation of officers directors trustees and home office employees 26 Rent including 27242599 for companys occupancy of its own buildings 27 Advertising 8396295 printing and stationery 84 45954 postage telegraph telephone and express 6596760 exchange 443708 gg43 gg 28 Legal expense 27036 2o 29 Furniture fixtures and safes 493 285 77 30 Repairs and expenses on real estate 3ggj481 17 31 Taxes on real estate 55o376 90 32 State taxes on premiums 21 573 94 33 Insurance department licenses and fees 34 All other licenses fees and taxes 29669 33 35 Federal corporation tax 175453 36 38 Other disbursements 40887 64 40 Foreign Exchange gj562 08 41 Interest on policy claims 54 020 86 44 Losses 51789 24 45 Agents balances charged off 46 Gross loss on sale or maturity of ledger assets viz Bonds 1117100 stocks 733o00 47 Gross decrease by adjustment in book value of ledger assets viz Bonds including 33021600 fte txsa tion of premiums 330260 stocks 56437600 WJJJJ 48 Total disbursements IV Assets as per Ledger Accounts 29112258 06 1 Book value of real estate 2 Mortgage loans on real estate first Lens 99375 4 LoarsmUtopoiicyholdeison this companys policies assigned as collateral V Ti8 e ia0 fQ0 47900 and stocks 10 6 Biook value of bonds HMou4uu 281313161 00 62268200 I 43 g97 44 7 Gash in companys offices 446 ComptbollebGenebals Report 8 Deposits in trust companies and banks not on interest o T 01234 98 9 Deposits in trust companies and banks 011 interest 12623256 70 Total 10 Billreceivable 493540 agents and other baWes debit 190736100 credit 9631981 net 1811 041 19j Supplies 3324377 1 m 11 Cash in transit J04u dfa 475688 96 12 Total ledger assets as per balance 496510231 01 NonLedger Assets 13 Interest due 10851748 and accrued 14 t t57116f65 m mortgageS 679682 13 14 Interest due 1878232 and accrued 16 T Sfff 2f U bndS 35635 20 16 Interest due 11821982 and accrued 25 43394 on policy loans 143 653 76 17 Interest due 2230768 and accrued 10 72939 on other assets 33 037 07 20 Bents due 11754555 and accrued 123 Pi t 170 n comnys Property or lease 240715 62 21 Total interest and rents due and accrued 4 653 723 78 9S fl NeW Business Eenewals io bross premiums due and unreported on policies in force December 31 1911 less reinsurance premiums 26 Gross deferred premiums on policies in force December 31 1911 less rein s u r a n c e Pr6miums 212732 77 2454416 04 3209826 4039565 73 287 If a 244831 3 M93981 77 28 Deduct loading 2348 57486 33 1524786 92 29 Net amount of uncol lected and deferred PremiumS 187344 70 4969194 85 Extended 35 Gross assets 5156539 55 506320494 34I i I ComptrollekGenbbats Beport 447 Deduct Assets not Admitted 37 Supplies stationery printed matter 33243 77 38 Agents and other debit balances gross WJ 40 Bills receivable 43 Book value of ledger assets over market value viz stocks 507867 W 2453397 17 Total J 503867097 17 46 Admitted assets VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of December 1911 as computed by the Actuary on the following tables of mortality and rates of interest viz 1 Actuaries Table at 4 on issues 1900 17362032 same for reversionary additions 455Z84 uu 178184906 00 Total 2 American Experience Table at 32 on issues 1898 to 1906 same for reversionary additions 10312867 00 Total 3 American Experience table at 3 on 1M t mn 207413662 00 issues 1895 to 1911 same for reversionary additions 795u U 208208694 00 Total 4 Other tobies and rates viz Joint life prior to 1898 American Experience Table at 4 29603600 chUds endowments and survivorship assurance prior to 1898 Carlisle Experience at 4 12327100 childs endow ments annual premium 18981906 Carlisle Experience at 3V2 9528600 Childs endowments single pre mium 18981906 Peerage Experience at 3 21 479 00 joint life 18981906 Hm Table at 3 188 876 00 semitropical 19101911 SesquiAmen can at 3 30585600 tropical 19101911 Double American at 3 10823000 survivorship assurance 1906 Car lisle Experience at 3 1567300 same for reversion ary additions joint life American Experience at 4 764700 V 5 Net present value of annuities including those in reduc lion of premiums regular and deferred to 1898 Actu aries Experience at 4 209366000 two life to448 Comptroller Generai s Report 1898 Hm table at 4 104881 survivorship to 1808 Carlisle Experience at 4 3314800 regular deferred and two life 18981906 Government Annuities at 3 047324100 survivorship 18981906 Carlisle Experi ence at 3 16288 all annuities 19071911 Mc Clintocks Table at 3 226951500 supplementary contracts from 3 policies American Experience Table at 90956000 supplementary contract from 3 policies American 3 1127858 Experience s at 12088151 00 Total 6 Deduct net value of risks of this company reinsuredi other solvent companies 409956972 00 1134818 00 8 Net reserve 9 Present value of amounts not yet due on contracts not involving life contingencies computed by the Society 10 Liability on policies cancelled and notincluded innet reserve upon which value may be demanded 11 Claims of death losses due and unpaid 76555 24 12 Claims for death losses in process of ad justment or adjusted and not due 140 4V 13 Claims for death losses for which no proofs have been 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 408822154 00 2344367 00 7Ml 71 1720820 85 666300 66 134446 59 54004 29 at 20 21 17 Total policy claims 18 Due and unpaid on supplementarycontracta not invohr mg life contingencies 19 Dividends left with the company to accumulate interest and accrued interest thereon Premiums paid in advance including surrender values so applied Unearned Interest and rent paidinadvancc 23 Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts dueor accrued 26 Medical examiners fees jiLW and legaifees 21426 due or accrued 27 Estimated amount hereafter payable for federal rfate Itr ilCUdiDg thSe based Pn th ti neas of the year of this statement 2792626 55 942 50 20019 2 281419 IS 1677049 74 101669 os 206157 90 58966 25 921752 S7ComptrollerGenerals Report 449 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and llo4oou it deferred premiums 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholdeos during 1912 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 1912 9240000 00 36 Reserve for unreported death losses 146176 19 37 Fire insuirance indemnity fund 241449 05 38 Deposits on account of insurance 10oo00 00 44 Capital stock 45 Unassigned funds surplus including deferred dividend fund 503867097 17 46 Total P Business in the State of Georgia During the Year No Amount 17 Policies on the lives of citizens of said State in 070943 00 force December 31 of previous year 6403 1372943 OU 18 Policies on the lives of citizens of said State x 573 511 00 during the year 7131 15302943 00 20 Dectnctceased to be in force during the year 460 1184531 00 21 Policies in foee December 3 6671 14118412 00 FIDELITY MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA PENNSYLVANIA H H Fouse Secretary G Fouse President 1 o Principal Office 112116 N Broad Street Philadelphia Pa J H Byrley Attorney for Service in Georgia Capital Stock Amount of net or ledger assets December 31 of previous year 21634537 78 21634537 78 Extended at IIincome During the Year 1 Gash received for premiums on new policies without deductions for commis sions or other expenses 328418 84450 OomptbollerGenerals Report 1 Cash received for renewal premiums without deductions Cor commissions or other expenses 2 Premium notes Joans or liens taken in part payment for premiums on new policies 2 Premium notes loans or lienstaken i part payment for renewal premium 3 From dividends applied to pay running premiums Prom dividends paying period 3 Prom dividends applied to purchasepaid up additions and annuities 4 Prom surrender values applied topay run ning premiums 4 Prom surrender values appliedtopur ehase paidup insurance and annuities 5 Consideration for annuities other than Matured installment policies to shorten premiui 3788695 2tj 63927 52 351670 Hi 141i48 91 4755 76 7251 12 54o 90 19123 56 15975 97 Total Deduct amount of premiums paid to other companies for reinsurance on policies tins company new business 2 r 4746S98 0j 31316 renewals 8032 Total premium income 5493 48 4741404 55 V Cash received for interesl 9 Cash received for in on stocks rtgage loans teresl on bonds owned and dividends 10 ash received for interest on premiumnotes lien s loans or 11 ash received for Inter esl on other debts due the coi Cash received as discount on claims paid inadvance paiiy ish rei l3Cash received for roots for 114000000 for companys w occup ct27r2rforpTofltson8ae8ofi Prom dividends left wi interest 17 Increase bank value of ledger aesete 18 Consademtions tor supplementary contract not inVoW mg lite contingencies mvolv 19 Prom all othe on sales of bols or stk itli the company to accumulate agencies aer sources viz lliv fees Total income 343863 92 347485 69 357024 42 41376 31 1066 05 86564 61 2739 26 8290 95 7011 06 82756 20 112 00 6019695 02 ComptrollerGenerals Report I IfDisbursements for the Year 1 Cash paid for death claims blending revisionary additions 3 Cash paid for mutual endowments and additions thereto 5 Cash paid for sums falling due during the year on installment policies 451 Total 1704741 90 45647 05 43100 40 1793489 35 7 Total net amount actually paid for losses 8 Oash paid to annuitants 11 Cash dividends paid policyholders i 10 dividends left on deposit surrendered during the 11 Cashividends applied to pay running premiums mi ash dividends applied to shorten premium paying period 12 Cash dividends applied to pure annuities tQ aeeumulate 12iCash dividends left witn tm iui interest 13 Surrender values paid in cash 14 Surrender values applied to pay running P 15 Surrender values applied to purchase paidup ee and annuities ehase paidup additions and Total amount paid policyholders 16 Expense investigation and settlement of claims 17 Ca h paid for commissions and bonuses to ts Ie commission on reinsurance new pohdes 17000063 renewals 17799703 annuities 62610 18 Cash paid for salaries and allowances to managers and agents and branch office expenses 18 Gash paid for agency supervision and all other agency PmM for medical examiners fees 2520808 in 1793489 35 15019 03 18280 98 1610 99 141648 91 4755 76 27251 12 8290 95 503287 11 5430 90 19123 56 2538188 66 4949 55 348623 76 92541 29 ad all other compensation of 19 Cash par spection of risks 1327675 0 Cash paid for salaries and a officers and other home office employees 21 Cash paid for taxes on premiums 7135585 ration 22 cJhaXad8for8taxesonearetate1298312 on personal property 3601439 23 Cash paid for insurance department fees Jffta licenses 644943 municipal licenses 124785 24 Cash paid for rent including 40000 company s occu pancy less 50received under sublease 25 Cash paid for commuting commissions 35782 78 38484 83 179283 20 72240 53 48997 51 7697 28 68375 19 1800 001068 24 52238 84 61369 86 3468 35 452 ComptrollerGenerals Beport 26 Cash paid for furniture fixtures and safes for home and agency offices 8 27 Cash paid for advertising 907829 stationeryand print ing 2429540 postage telephone and telegraph etc 1886515 28 Gash paid for real estate expenses otherthantaxes51 06344 for legal expenses 10306 42 29 Cash paid for the following items viz Loss on sale ledger assets 11661 decrease in book value ledger assets ddol4 Miscellaneous expense 818006 miscellaneousVestment expenses 100075 30 Total disbursements n1S 8l 3564290 OS IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrarices I 33 202 28 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or ether marketable collaterals Loans made in cash to policynolders on policies as collateral 5 Premium notes loans or liens on policiesi in force 8 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 0 Hills receivable 10 Agents ledger balances 7396251 66 133091 68 6699967 41 415597 71 7329716 54 756 90 35 1256 51 261 oi no 405998 34 11 Total net or ledger assets as per balance above 24089942 12 Deduct depreciation from cos f ilwos U to market value 13 Total net or ledger assets less depreciation Other Assets 14 Interest due 2908175 and accrued 126 1986 on mtortgages 15 hteresi accrued 11434810 on bonds and stocks 16 interest accrued 35793 on collateral leans 17 Interest due 734724 and accrued 61 14536 on premiums notes loans or liens 19 Rents due 88100 on companys property or lease 155280 10 114348 10 357 93 68492 60 881 00 236158 04 23853784 08 Total carried out 339360 03 ComptrollerGenerals Report 20 Marketable value of real estate over cost 453 54997 72 New Business Renewals 23 Gross premiums flue and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 673 41 219543 92 306418 72 2737 77 Totals 52411 18 525962 64 35427 71 99932 90 25 Deducting loading 56 76100 per cent on new and 19 per cent on renewals 06 Net amount of uncollec ted and deferred 426029 74 premiums 453oi3 21 Extended 28 Total assets as per the books of the company 24701155 04 5 Agents balances 7 Bills receivable Items Not Admitted 413358 95 26103 09 439462 04 Total 9Total assets less items not admitted VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries and American Table of Mortality with 3 3 and 4 per eent interest Deduct net value of risks of tins corn reinsured in other solvent com 24261693 00 pany panies loans on policies and oss of the net 2 Premium notes Off other obligations in exc value of their policies 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 99073 49 91161 01454 ComptrollerGeneral s Report 6 Claims for death losses and other policy claims resisted by the company 34282 10 7 Amounts due and unpaid on annuity Clalms 2680 00 1 resent value of unpaid amounts on matured installment policies face 0067568 3853E6 7g Total policy claims 10 Amount of unpaid dividends of surplus or other descrip tion of profits due policyholders M Amount of unearned interest and rents paid in advance 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents office ex penses medical examiners fees etc VAV Amount due on account of policies canceled on which a surrender value is claimable 15 Amount set apart awaiting apportionment on deferred dividend policies 1 191 323 72 16 Premiums paid in advance 7757 K Commissions due agents when premium rates are paid 12538 93 113519 89 196997 91 117857 33 74588 48 10532 41 9014 76 17 Liabilities on policy holders account 23398698 06 18 Not surplus on policyholders account ofi9 qcm q 19 Total liabilities VIPremium Note Account I Premium notes loans or liens on hand December 31 or previous year 407 587 15 2 Premium notes loans or liens received dur ing the year on new olicies 143 75971 on old policies 51694233 660702 04 862994 94 24261693 00 Total Deductions during the year as follows Redeemed by maker in cash 1068239 19 052641 48 Balance notes assets at end of the year 415 597 71 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 31st of w T V MM 3710467 00 Number and annt of policies on the lives of citizens of Georgia issued during the year 422 776652 00 Total 2243 4487119 00 ail ComptroeeerGeneRaes Report 455 Deduct number and amount which have ceased to be in force during the year Total number and amount of policies in force in qq Georgia December 31 1911 No Amount Amount of losses and claims on policies in Georgia qq unpaid December Hist of previous year Amount of losses and claims on policies in George incurred during the year 19 45857 00 Total Amount of losses and claims on policies in Georga paid during the year Premiums collected or secured in Georgia during the yea to cash and notes o credits without any deduction for ots dividends commissions or other expenses Cash 112 53280 notes or credits 1693869 total 129 mt less premium reduction 334401 gross pre miums actually received 12012748 PRANKLIN LITE INSURANCE COMPANY OP SPRINGPIELD ILLINOIS Henry Abels Secretary Vrlanr S Scott President Kdgar b be princpal offo Springfield Illinois J R Monroe Attorney for Service in Georga ICapital Stock i Amount of capital stocU paid up b cash rjOOOODJO 5295601 13 Extended at IIIncome During the Year 1 Received for premiums on new policies without deductions for commissions or other expenses lit Received for renewal premiums Without deductions for commissions or other expenses 3 From dividends and surrender values applied to pay premiums 31 Prom dividends applied to purchase paid up additions and annuities456 ComptrollerGenebal s Eepoet 4 From surrender values applied to pay first years premiums 4V From suziender values applied to pur chase paidup insurance and annuities 43777 21 20 47 7 Total premium income 14 Cash received for profits on salesof bonds 6500 real estate 876 10 From dividends left with the company toaccumulateat interest 18 Consideration for supplementary contracts involving life contingencies 19 From all other sources 13174S9 94 73 76 ii 12 1320 00 267441 92 Total income 1586658 74 111Disbursements for the Year 1 Cash paid for death elaims incuding revisory additions 368 g32 Q9 ash paid for matured endowments anI additions thereto 29200 00 Total 398032 09 7 Total net amount actually paid for losses 8 Cash paid to annuitants 9 Divided left with the eomny to aVcumuiato ai interest 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paidup additi annuities I Surrender value paid in cash loans or notes ms tions and or applied in liquidation of U Surrender values applied to pay running premiums lo Surrender values alied 0 purchase paidup insurance and annuities 398032 09 100 00 333 12 72953 95 16962 83 3 04 311339 47 121 47 43777 21 Total paid policyholders 10 Cash paid stockholders t interest ondividends 17 ash paid for commissions and bonuses lo agents less commission 011 reinsurance 18 ash paid for salaries and allowances to managers and agents B 19 Cash paid for medical examiners fees 16s47 insne tion of risks 703623 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 ash paid for taxes on new premiums 22 Cash paid for taxes on real estate 843620 78 5000 00 170975 06 62482 11 23883 45 90245 51 11810 81 631 67ComptrollerGenerals Report Cash paid for insurance department fees and agents licenses Cash paid for rent including companys occupancy Federal corporation tax 385 19 mvestment tax 13 47194 miscellaneous local licenses and fees 32892 Cash paid for furniture fixtures and safes for home and Calf f of alvertising postage telegraph telephone and express 648290 exchange 180944 98 Cash taid for legal expenses Ca h Paid for the following item vi claims on sup plementary contracts 65254 traveling expenses 1695 99 investment expenses 80458 premium on investments 232780 miscellaneous expenses 3 19131 agents balances charged off 124iM ae creasebjgadiustment in book value of bonds 12600 repairs and expenses other than taxes estate 900 27 29 real 30 other on this force of 457 4238 14 8283 85 14186 05 1743 9S 23545 84 3403 33 21235 15 Total disbursements IVAssets as per Ledger Accounts Cost value of real estate exclusive of allincumbrances 2 Loans or mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks o marketable collaterals 4 Loans and liens made in cash to policyholders companys policies 5 Premium notes loans or liens on policies which 5874274 was received during the year 6 cos value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 ash deposited in banks 10 Agents ledger balances 11 Total net or ledger assets as per balance above Other Assets 14 Interest accrued 7904779 on mortgages 15 Interest accrued 1071591 on bonds and stocks 16 Interest accrued 341278 on collateral loans 17 Interest accrued 133725 on premiums notes loans or liens 18 Interest accrued 854 on other assets 1285292 33 36440 00 3045447 00 219150 00 1447976 74 81453 52 675990 78 1279 28 39854 09 49376 13 1596967 54 79047 79 10715 91 3412 78 1337 25 8 54 Total carried out 94522 27458 ComptrollerGenerals Beport 21 Market value of bonds over cost New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1011 8816 75 16318 14 57773 13 60655 78 Totals 25 Deducting loading 16 31S 14 127428 91 9717 07 20792 96 26 Net amount of uneol lected and deferred premiums Extended 0011107 100035 95 113237 02 28 Total assets as per the books of the company 5813543 58 Items Nof Admitted 5 Agents balances 5179 82 7 Premiums and loans on policies and net premiums in excess of the net value of their policies 29 665 92 Total 81457 74 9 Total assels less items not admitted 5732085 84 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 4587375 00 Deduct net value of risks of this com pany reinsured in other solvent com Ianies 3055 00 Net reserve 4j58iVo0 no 3 Claims for death losses incurred for which no proofs have been received 14 729 42 5 Claims for death losses and matured en dowments in process of adjustment 30290 33 6 Claims for death losses and other policy claims resisted by the company 2025 28 Total policy claims 47045 03ComptrollerGenerals Report 459 10 Amount of unpaid dividends of surplus or other descrip tion of profits due policyholders 516847 36 11 Commissions to agents 32368 88 12 Amount of national state or other taxes due 27488 24 13 Amount due on account of salaries rents and office expenses 2178 32 14 Present value of amount interest due on supplemental contracts 10200 00 16 Amount of any other liability of the company viz Premiums paid in advance 606871 dividends left with the company 89510 unearned interest and rent paid in advance 1509358 cost of collection on un collected and deferred premium 17780 medical ex aminers fees 55300 fund held for special class of policies 11140320 fund held for other contin gencies 26697440 capital stock 10000000 trust fund returnable at death 1107222 512238 01 19 Total liabilities 5732085 84 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 592217 27 2 Premium notes loans or liens received during the year on new policies 97 22267 on old policies 12535459 222577 26 Total 8iV94 53 Deductions during the year as follows Used in payment of losses and claims 675211 used in purchase of sur rendered policies 2811072 used in payment of divi dends to policy holders 1495089 redeemed by maker in cash 14468125 194494 97 Balance notes assets at end of the year 62029956 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 31st of previous year 1926 2911295 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 290 495528 00 Total 2216 3406823 00 Deduct number and amount which have ceased to be in force during the year 283 444195 00 Total number and amount of policies in force in Georgia December 31 1911 1933 2962628 00 460 OompxbollerGbnebals Report No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year l i 000 00 Amount of losses and claims on policies in Georgia incurred during the year 17 25 963 08 TtaI 18 26963 08 Amount of losses and claims on policies in Georgia paid during the year 14 16 964 60 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deductions for losses dividends commissions or other expenses Total 8232373 GEOEGIA LIFE INSUEANCE COMPANY OF MACON UEOEGIA W K Small President t i oi u j oul Li A Shepherd Secretary Home Office Mulberry Street Macon Ga ICapital stock 1 Amount of Capital paid UP xi 500900 00 2 Amount of ledger assets December 31 of previous year 6o0883 7Q 4KxtPWlt 37 690883 70 I r Income During the Fear First years premiums on origdnal policies without deduction for commissions or other expenses less 98274 for first years reinsurance 63 212 ill 7 Total first years premiums on original Policies 12 Total new premiums glg 13 Renewal premiums without deduction for commissions or other expenses less 1 74157 for reinsurance on renewals 27lM 94 14 Dividends applied to pay renewal pre atoms ri 16 Surrender values applied to pay renewal premiums g 18 Total renewal premiums 19 Total premium income 9ulo2 07ComptrollerGenerals Report 461 23 Gross interest on mortgage loans 25 Gross interest on bonds and dividends on stocks 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust com panies and banks 29 Bills receivable 7160 97 5951 22 126 96 3706 53 6618 65 33 Total gross interest and rents 34 Prom other sources Miscellaneous interest agents miscellaneous account 1883 38 Income casualty department 17115 43 Total income 23564 33 189 98 203683 77 323590 75 111Disbursements for the Year 1 For death claims 5500 00 3 Net amount paid for losses and matured endowments 5 Premium notes and liens voided by lapse 7 Surrender values applied to pay new premiums 10 Dividends applied to pay renewal premiums 14 19 21 2 24 25 26 27 28 29 32 33 38 Total paid polieyholders Commissions to agents less commission on reinsurance First years premiums 4543751 renewal premiums 103824 Compensation of managers and agents not paid by com mission for services in obtaining net insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Branch office expense including salaries of managers and clerks Medical examiners fees 844200 inspection of risks 183427 Salaries and all other compensation of officers directors trustees and home office employees Rent including companys occupancy of its own buildings Advertising 608174 printing and stationery 320036 postage telegraph telephone and express 230738 exchange 3092 Legal expense Furniture fixtures and safes State taxes on premiums and municipal licenses etc Insurance department licenses and fees Other disbursements give items and amounts General home office expense 383947 stock commission 5500 00 61 06 9 56 223 51 5794 13 46475 75 9191 77 4785 58 626 58 10276 27 26975 77 175 ID 11020 40 159 72 1200 04 1852 95 1494 41462 ComptrollerGenerals Eeport 3333 accent current building 37389 loss on sale of bills receivable 590000 total 43 Disbursement casually partnient 45 Agents balances charged off 45 Gross loss on sale or maturity of ledger assets Viz Bonds 48 Total disbursements IVAssets as per Ledger Accounts 1 Book value of real estate 2 Mortgage loans on real estate 3 Premiums in course of collection casulty deposits 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes on policies in force of whicti 192869 is for first years premiums 6 Hook value of bonds 13478568 a 00000 i ash in company s office 8 Deposits in trust companies and banks on interest H 4 n 9 Deposits in trust companies and banks on intereSt 04996 20 and stocks 50 Total cash items 10 Bills receivable life nd 300784easuaitynet 11 Advance on contract secured 35807 md books lite 2199 12 Total ledger assets as per balance NonLedger Assets l Interest due 3000 and accrued 36555 on mortgages 17 Interest accrued 4075 on certificates of deposit 20 Rents accrued 164898 wT companys property or lease 1395 55 40 75 1048 98 21 Total interest and rents due and accrued 22 Market value of real estate over honk value 25 Gross premiums due and nnreported nil policies in force December 31 loll New Business 1792 54 Renewals 10146 69 120277 17 5989 03 227 50 258127 76 238844 43 120921 80 102122 06 80 50 1928 69 184785 68 5830 31 100281 62 3772 05 3609 86 756346 Hi 3085 28 136155 57 7132 61ComptrollerGenerals Eeport 463 26 Gross deferred premiums on policies in force December 31 1911 124 11 1181 16 27 Totals 28 Deduct loading 3916 65 2788 38 8313 77 1541 97 29 Net amount of uncollec ted and deferred premiums Extended a128 27 6771 80 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 39 Cash advanced to or in the hands of offi cers or agents medical books 43 Book value of ledger assets over market value viz bonds 378568 first year premium notes 192869 casualty department premiums in course of col lections written prior to Oct 1 1911 1681649 3772 05 21 99 22530 86 Total cash items 46 Admitted assets VLiabilities Net present value of all the outstanding policies in force on the 31st day of December 1911 as computed by the Georgia Insurance Department on the following tables of mortality and rates of interes viz 2 American Experience table at 3 on tall forms of policies issued by company A same for reversionary additions 51009 00 51009 00 Total 6 Deduct net value of risks of this company reinsured in solvent companies 7 Reserve to provide for health and accident benefits con tained in life policies 8 Net reserve 12 Claims for death losses in process of ad justment or adjusted and not due 3500 00 7900 07 903487 61 26324 90 877162 71 51009 00 1427 00 49582 00 315 00 49897 00464 ComptrollerGenerals Report 15 Claims for death losses and other policy claims resisted by the company 5000 00 17 Total policy claims 8 5Q0 n 20 Premiums paid in advance including surrender valuesso aPPlie1 3g8 23 21 Unearned interest and rent paid in advance 75 19 23 Commissions to agents due or accrued 418 00 25 Salaries rents office expenses bills and accountsdueor accrued T77 Q 26 Medical examiners fees 46800 468 00 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the vear of this statement 32 Dividends declared on or apportioned toannualdividend policies ayable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 35 Reserve special or surplus funds not includedabove To complete payments on building 1358291 to meet outstanding real estate note and interest8 73563 disputed city of Macon tax 1910 in process of adjustment 150000 a 39 All other liabilities Casualty deposits50premium reserve 9606257 loss and reserve N Y and Ga requirement 2666673 all other casualty department liabilities 2568718 44 Capital stock 148416 48 45 TTnassigned funds surpius JJJJgj 45 46 Total 877162 71 Business in the State of Georgia During the Year 17 Policies on the lives of citizens of said State in Ai force December 31 of previous vear n22 1807 476 nn 18 Policies on the lives of citizens of said State iied during e vear 72 If Total 20 Deduct VJl 11 21 Policies in force December 31 lm 22 Losses and claims unpaid December 31 0f Amount previous year 23 Losses and ciaims incurred during year 7 24 Total 8 14000 00ComptrollerGenerals Beport 25 Losses and claims settled during the year 26 Losses and claims unpaid December 31 4 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 6842476 465 5500 00 8500 00 THE GERMANIA LIFE INSURANCE COMPANY OF NEW YORK Cornelius Doremus President Carl Heye Secretary Principal Office 50 Union Square New York N Y Alexander C King Attorney for Service in Georgia 1 Amount of capital stock paid up in cash ICapital Stock 200000 00 Amount of net or ledger assets December 31 of previous year 44279376 33 Extended at 44279376 3 IIIncome During the Year 1 Cash received for premiums on new policies without deductions for commis sions or other expenses 672215 74 1 Cash received for renewal premiums without deductions for commissions or other expenses 447072617 annuities 23196 4470958 13 3 From dividends applied to pay running premiums 338498 08 3 From dividends applied to purchase paid tap additions and annuities 59602 74 4 From surrender values applied to purchase paidup insurance and annuities 130370 28 5 Consideration for annuities other than matured installment policies 18143 43 Total 5689888 40 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 2 21922 renewals 1086259 13081 81 7 Total premium income 5676806 59466 ComptrollerGenerals Report 7y2 Consideration for supplementary contracts not involv ing life contingencies 8 Cash received for interest on mortgage loans Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens J Cash received for interest on other debts due the com pany 60067 on deposits 1162462 12 Cash received as discount on claims paid in advance 13 Cash received for rents for use of companys property including 3608023 for companys own occupancy 14 Cash received for profits on sales of bonds and stocks 1160701 17 Cross increase by adjustment in book value of ledger assets viz real estate 13685786 bonds 1902668 18 Dividends left with the company to accumulate interest 19 From all other sources viz Policy fees 258196 rcoer ed on deficiency judgments etc account of read estate taken under foreclosure 339240 3677 50 1229361 44 386237 31 253665 93 12225 29 SO 98 225968 50 11607 01 155884 54 2338 03 5974 36 Total income 7963827 48 IIIDisbursements for the Year 1 Cash paid for death claims including rovisinnary additions 1662105 38 3 Cash paid for matured endowments and additions thereto 1522690 23 5 Cash paid for sums falling due during the year on installment policies 5066 66 10 11 12 13 15 TotaJ 3189862 27 Total net amount actually paid for losses Cash paid to annuitants Cash dividends paid policyholders 325 60711 left with the company at interest 233803 held on deposit surrendered during the year 7S573 Cash dividends applied to pay running premiums Cash dividends applied to purchase paid up additions and a ii nn it ies Surrender values paid in cash Surrender values applied to purchase paidup insurance and annuities 3189862 27 42009 34 328730 87 is498 08 59602 74 664140 20 130 370 28 Total paid policyhohlors 16 Cash paid stockholders for interest 7 per cent and divi dends 5 per cent 4753213 78 24000 00I ComptrollerGenerals Report 467 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 26053401 renewals 21590374 476438 65 18 Cash paid for salaries and allowances to managers and agents 23277733 agency supervision etc 105 76489 338542 22 19 Cash paid for medical examiners fees 4303316 inspec tion of risks 593729 48970 45 20 Cash paid for salaries and all other compensation of officers and other home office employees 221399 61 21 Cash paid for taxes on new premiums and renewals 54713 98 22 Cash paid for taxes on real estate 45846 77 23 Cash paid for insurance department fees and agents licenses 483716 municipal licenses etc 604546 federal corporation taxes 373236 14614 98 24 Cash paid for rent including 3608023 companys occu pancy 44895 23 25 Cash paid for commuting commissions 2746 91 26 Cash paid for furniture fixtures and safes for home and agency offices 46437 03 27 Cash paid for advertising 1426559 printing and sta tionery 2227495 postage 3666955 exchange 3 44895 76649 04 28 Cash paid for real estate expenses other than taxes 111 50422 for legal expenses 337712 114881 34 28Vj Gross increase by adjustment in book value of ledger assets viz Real estate 13920287 bonds 81 02338 220226 25 29 Cash paid for the following items viz Agents balances charged off 1825637 other disbursements 2359256 41848 93 Gross loss on sale maturing of ledger assets viz bonds 16267 60 30 Total disbursements 6541692 77 IVAssets as per Ledger Accounts 1 Book value of real estate exclusive of all incumbrances 4322165 19 2 Loans on mortgage first liens on real estate 26863279 20 4 Loans made in cash to policyholders on this companys policies assigned as collateral 4836662 25 6 Book value of bonds and stocks owned excluding accrued interest at time of purchase 9247117 95 7 Cash in companys office 3233 49 8 Cash deposited in banks 429052 96 11 Total net or ledger assets as per balance above 45701511 04 12 Deduct depreciation from cost of assets to bring same to market value 433207 73 13 Total net or ledger assets less depreciation 45268303 31468 ComptrollerGenerals Eeport Other Assets 14 Interest due 20000 and accrued 441 33797 on mortgages 441537 97 15 Interest due 271684 and accrued 128 27060 on bonds and stacks 130987 44 17 Interest due 823700 and accrued 21 34921 on premiums notes loans or liens 29586 21 19 Rents due 316586 on companys prop erty or lease 3165 86 Total carried out 605277 4S New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force lecember 31 1911 26050 84 670131 64 465983 35 54569 on Totals 25 Deducting loading 25 per cent on new and 25 per cent on renewals 80619 84 1136114 99 20154 96 284028 2li Net amount of uncol lected and deferred premiums 60464 88 852086 21 Extended 912551 12 28 Total assets as per the hooks of the company I 46786131 91 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The American Table of Mortality with W and 3 pel cent interest resp and Clintocks Annuitant Table of Mortality with 3 per cent interest 39451042 00 Deduct net value of risks of this com pany reinsured in other solvent com I1 64404 00 Net reinsurance reserve 39386638 00ComptrollerGenerals Report 409 3 Claims for death losses due and unpaid 9750 01 4 Claims for matured endowments due and a 59050 22 unpaid 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 241303 78 5 Claims for death losses and other policy claims resisted by the company 11541 54 7 Amounts due and unpaid on annuity claims 3508 2G 8 Present value of unpaid amounts on matured installment policies 60300 76 Total policy claims 385514 57 10 Amount of unpaid dividends of surplus or other descrip tion of profits due policybolders 143647 16 12 Amount of national state or other taxes due 52343 59 13 Amount due on account of salaries rents and office expenses 814738 commission to agents due or accrued 157972 9727 10 10 Amount of any other liability of the company viz r Premiums paid in advance 1695173 liability on policies canceled upon which a surrender value may be demanded 1568888 unearned interest and rent 60 64538 medical examiners fees 319500 dividends left with the company to accumulate at interest 11 229 04 extra reserve for absolute war and world policies and other liabilities 173799 77 281509 80 17 Liabilities on policyholders account 40259380 22 18 Gross surplus on policyholders account including dividend 6526751 69 nvv1v vv 46786131 91 19 Total liabilities p 20 Estimated surplus accrued on tontine and other policies the profits upon which are especially reserved for that class of policies 4187453 88 21 Estimated surplus accrued on all other r 2339297 81 policies 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 31st of previous year Number and amount of policies on the lives of citizens of Georgia issued during the year 135 280831 00 Total 882 79117 20470 ComptrollerGenerals Report Deduct number and amount which have ceased to be in force during the year 68 94130 00 Total number and amount of policies in force in Georgia December 31 1911 814 1284987 20 No Amount Amount of losses and claims on policies in Georgia incurred during the year 12 509 20 Total i 12509 20 Amount of losses and claims on policies in Georgia paid during the year 6 12 509 20 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 4496025 GREENSBORO LIFE INSURANCE COMPANY OF GREENSBORO NORTH CAROLINA T W Fry President juiian Pric6j Secretary Principal Office North Elm St Greensboro N W A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 140400 00 2 Amount of net or ledger assets December 31 of previous year 700812 10 Extended at 700812 10 U Income During the Year 1 Cash or notes received for premiums on new policies without duductions for commissions or other expenses 112927 27 lj Cash received for renewal premiums without deductions for commissions or Other expenses 279047 35 3 From dividends applied to pay running premiums oi1 3ag89e Mi 6 Deduct amount of premiums paid to other companies Cor reinsurance on policies in this company new business 3 07640 renewals 359912 6 675 52 r Total premium income 386 224 14ComptrollerGen erals Report 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 for use in Companys property including own occupancy 16 From dividends left with company to accumulate at interest 18 1910 account 19 From all other sources viz consideration for supplemen tary contracts and P D Total income IIIDisbursements for the Year 1 Cash paid for death and permanent dis ability claims including revisionary additions 81 01 5 Cash paid for sums falling duo during the year on installment policies 1709 80 Total 8139081 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 4000 00 7 Total net amount actually paid for losses and mutual endowments 9 Premium notes loans and cash surrender values 27 62804 voided by lapse 284160 10 Cash dividends left with company to accumulate interest 11 Cash dividends applied to pay premiums 16 Cash paid stockholders for interest on guaranty surplus 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 625072 renewals 1544612 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 1197250 inspec tion of risks 345306 20 Cash paid for salaries and fill other compeiifittiril of officers and other home office employees 23 Cash paid for insurance department fees and agents licenses 129184 total 24 Cash paid for rent 25 Cash paid for commuting commissions 471 24448 54 2930 00 7971 92 1320 06 1000 00 138 27 37 67 364 45 431535 25 77390 81 30469 64 138 27 325 24 6583 53 77796 84 3838 04 15425 56 18499 81 7820 00 1320 00 8347 35472 ComptrollerGenerals Report 26 Cash paid for furniture fixtures and safes for home and agency offices 999 gg 27 Cash paid for advertising 262581 printing and station ery 153443 postage telegraph and express 196236 6122 60 28 Cash paid for real estate expenses other than taxes 94650 for legal expenses 44972 1 390 22 29 Cash paid for the following items viz traveling ex penses 116132 general expenses 30472 agents balances charged off 472935 6 28530 30 Total disbursements 62752 U IVAssets as per Ledger Accounts 1 Cost 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 marketable collaterals 4 Loans made in cash to policy holders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 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 0 Bills receivable 10 Agents ledger balances 46100 00 198050 00 14250 00 150101 10 30026 00 15000 00 4 051 7C 60009 81 9998 50 12008 07 13 Total net or ledger assets less depreciatic 869695 24 If 15 16 17 23 21 25 26 Other Assets Interest due 115498 and accrued 7 47715 on mortgages Interest accrued 81252 on bonds and stocks Interest due 1500 and accrued 34420 on collateral loans Interest accrued 29946 on premiums notes loans or liens Cross premiums due and unreported on policies in force December 31 1911 Cross deferred premiums on policies in force December 31 1911 8632 I 812 52 350 20 200 46 12361 92 8496 56 Totals 20858 48 Deducting 13 per cent on renewals 2711 60 Net amount of uncollected and deferred premiums 18146 8COMPTROLLERG EN ERAlS REPORT 473 Extended 18146 t i 100000 00 27 Guaranty surplus fund 28 Total assets as per the books of the company 1003245 43 Items Not Admitted 5 Agents balances OOS 07 7 Bills receivable 9998 dU Total 22006 57 9 Total assets less items not admitted 981238 90 VLiabilities Net accident reserve 1 Net present value if all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and American Experience 4 per cent Deduct net value of risks of this com pany reinsured in other solvent com panies 686223 00 4396 00 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 death losses no proofs received 6 Claims for death losses and other policy claims resisted by the company 8 Present value of unpaid amounts on matured installment policies and per manent disability 12943 67 7000 00 2000 00 19004 93 Total policy claims 10 Amount of unpaid dividends of surplus or other descnp tion of profits due policyholders left to accumulate 11 Dividends unearned interest 12 Amount of national state or other taxes due is Amount due on account of salaries rents and offxee expenses 14 Medical fees due 16 Amount of any other liability of the company tu Premiums paid in advance 659248 commssion due agents on premium notes when paid 24000 3502 00 681827 00 40948 fin Hi 03 2271 7S 1754 48 431 35 584 50 6832 48 17 Liabilities on policyholderss account 738293 22474 ComptrollerGenerals Report 18 Gross surplus on policyholders account 242945 64 1 Total liabilities 981238 86 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 23247 21 2 Premium notes loans or liens received during the year on new policies 20 10422 on old policies 57557 91 77662 1 Total 100909 34 Deductions during the year as follows Amount used in payment of losses and Claims 211 00 Amount voided by lapse 2841 60 Amount redeemed by maker in cash 67830 74 Total reduction of premium note account 70 883 34 Balance note assets at end of the year 30026 00 Business in the State of Georgia During the Year No A mo unit Number and amount of policies on the lives of citizens of Georgia in force December 31st of previous year 339 571654 00 Number And amount of policies on the lives of citizens of Georgia issued during the year 228 956 996 00 Total 507 928650 00 Deduct number and amount which have ceased to be in force during the year Hl 184000 00 Total number and amount of policies in force in Georgia December 31 1911 466 744650 00 Total 3001 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 1675258ComptrollerGenerals Report 475 HARTFORD LIFE INSURANCE COMPANY OF HARTFORD CONN TT i t i f T F Lawrence Secretary John G Hoyt President T f Principal Office 252 Asylum St Hartford Conn Alvan D Gale Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 500000 00 9 Amount of net or ledger assets December 31 of previous year 4758383 81 Extended at IIIncome During the Year 1 Cash received for premiums on new policies without deductions for commis 229 001 90 sions or other expenses i Gash received for renewal premiums without deductions for commissions or 2096097 72 other expenses 3 From dividends applied to pay running 5035 31 premiums y From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pur chase paid up insurance and annuities 17541 00 295 54 Total 2347971 47 i Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 1 52638 renewals 361192 5138 30 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the com pany 13 Cash received for rents for use of companys property including 700000 for companys own occupancy 14 Cash received for profits on sales of bonds or stocks 54 19 From all other sources viz Accident premiums and income of safety fund and installment policy income Total income 2342833 17 107503 47 26200 75 23863 50 13302 85 21432 07 54051 45 44651 57 2633838 83476 ComptrollerGeneral s Report 11 TDisbursements for the Year 1 Cash paid for death claims including re visionary additions 1524960 71 3 Cash paid for matured endowments and additions thereto 4500 00 5 Cash paid for sums falling due during the year on installment policies 1488 33 Ttal 1530949 04 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to Annuitants 10 Cash dividends paid policyholders I I 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 1530949 04 200 00 44997 61 5035 31 295 54 01630 29 17541 00 16 17 18 19 20 21 22 2 21 26 27 28 20 Total paid policyholders Cash paid stockholders for interest on dividends Cash paid for commissions and bonuses to agents loss commission on reinsurance new policies 141245 57 renewals 3727478 Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees 2415512 inspec tion of risks 629900 Cash paid for salaries and all other compensation if officers and other home office employees Cash paid for taxes on new premiums Cash paid for taxes on reserves 485711 on invest ments 824750 Cash paid for insurance department fees and agents licenses 341633 municipal licenses 177190 Cash paid for rent including 710000 companys occu pancy Cash paid for furniture fixtures and safes for home and agency officers Cash paid for advertising 686859 printing 1330280 Cash paid for real estate expenses other than taxes 10 16708 for legal expenses 1501243 Cash paid for the following items viz Investigation of claims 3700 postage and express 882041 aecident commissions 3726 agents bond premiums 56864 directors fees 22000 traveling expenses 345396 safety fund department expenses 157636 miscel laneous office expenses 387302 investment excises 1664648 79 50000 00 178520 35 78377 SO 30454 12 73940 02 10290 82 13104 61 5188 23 70000 00 3899 48 19971 39 26179 51ComptrollerGenerals Eeport 477 198 88 accounts receivable charged off 14340 loss on sale of assets 12029295 decrease by adjustment of assets 791660 total 147138 48 30 Total disbursements IVAssets as per Ledger Accounts 1 Ciost of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bends stocks or other marketable collaterals y 4 Loans made in cash to policy holders on this company s policies assigned as collateral 5 Premium notes loans or liens on policies in force ot which 146811 was received during the year 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 of which 744066 was advanced during the year Safety funds in security company of Hartford 2313714 20 218731 00 2117221 30 125000 00 454937 03 39513 97 598133 68 360697 08 19663 23 17500 03 1127111 10 11 Total net or ledger assets as per balance above 12 Deduct depreciation from cost of assets excluding real estate to bring same to market value 13 Total net ot ledger assets less depreciation 5078508 44 18081 48 5060426 96 Other Assets 14 Interest duo 30550 and accrued 54 50362 on mortgages 15 interest accrued 659599 on bonds and stocks 16 Interest accrued 30864 on collateral loans 17 Interest accrued 6008 on premiums notes loans or Hens 18 Interest due 60315 and accrued 13 43713 on other assets 19 Rents due 65501 on companys property or lease 54809 12 6595 99 308 64 60 08 14130 28 655 01 Total carried out 20 Market value of real estate over cost New Business 23 Gross premiums due and unreported on policies 76559 12 81269 00 Renewals478 Comptroller Generals Eeport in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 40845 40 9543 67 54125 35 64925 94 Totals 25 Deducting loading 50389 07 31239 66 119051 29 26282 30 26 Net amount of uncol lected and deferred premiums Extended 19149 11 92768 99 Ml 918 40 27 Net premiums in course of collection in safety fund dept 224600 00 38 Total assets as per the books of the company 5554773 48 Items Not Admitted 3 274641280259 lapsed but loans not can celled 5 Agents Balances Debt 7 Hills receivable 180 98 17609 36 19663 2 Total 9 Total assels less items not admitted 37453 57 5517319 91 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The American Table of Mortality with four per cent interest prior to Tan 1 1901 and American 3 per cent on and after that date 2706736 00 Deduct net value of risks of this com pany reinsured in other solvent com lK11ps 7912 00 Net reinsurance reserve 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 matured installment policies 166 67 201226 00 12271 00 2698824 00 Total policy claims 273663 67 ComptrollerGenerals Report 479 10 Amount of unpaid dividends of surplus or other descrip tion of profits due policyholders 12 Amount of national state or other taxes due 13 Amount due on aeeeunt of salaries rents and office expenses 16 Amount of any other liability of the company viz Premiums paid in advance 4 499828 26 17 Liabilities on policyholder s account 18 Gross surplus on policyholders account 1 5517319 91 19 Total liabilities 20 Estimated surplus accrued on Tontine and other policies the profits upon Which are especially reserved for that class of policies 21 Estimated surplus accrued on all other policies VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 2 Premium notes loans or liens received during the year on old policies L 44411 11 Total Deductions during the year as follows Amount used in purchase of surrender ed policies a ac 9 Amount redeemed by maker in cash Z 1 4 897 34 Total reduction of premium note account a c n 39513 97 Balance Note Assets at end of the year Business in the State of Georgia During the Year Number and amount of policies on the lives of citizens of Georgia in force December 81t of previous year Number and amount of policies on the lives of citizens of Georgia issued during the year3Jio 907 1555987 00 Total Deduct number W amount which have ceased to be in force during the year J Total number and amount of policies in force in Georgia December 31 1911480 ComptrollerGenerals Report Amount of losses and claims on policies in Georgia unpaid December 31st of previous year 3 9 noo 00 Amount of losses and claims on policies in Georgia incurred during the year 27 30664 00 Total 30 69664 00 Amount of losses and claims on policies in Georgia paid during the year 24 50150 00 Amount of premiums collected or secured in Georgia during the year in cash or credits without any deduction for losses dividends com missions or other expenses Total 6178868 HOME LIFE INSURANCE COMPANY OF NEW YORK CITY N Y George E Me President Ellis w G1uhvhl 8ecretary Home Office 256 Broadway New York City N Y William A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cas 125000 00 2 Amount of ledger assets as per balance December 31 of previous year 24 665 026 70 4 Extended at 24605026 70 ITIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 1061828 for first years reinsurance 369 129 74 7 Total first years premiums on original lolicies 369129 74 8 Dividends applied to purchase paidup ad ditions and annuities iis 088 93 9 Matured endowments applied to purchase paidup insurance and annuities 2 063 52 10 Consideration for original annuities in volving life contingencies 43 133 52 11 Consideration for supplementary con tracts involving life contingencies 3198 19 12 Total new premiums ygg 613 9f 13 Renewal premiums without deduction for commissions or other expenses less 41 65847 for reinsurance on renewals 2 929 261 78ComptrollerGenerals Report 481 14 Dividends applied to pay renewal prem iums 10 Surrender values applied to pay renewal premiums 17 Renewal premiums for deferred annuities 19624 U 18 Total renewal premiums 3817281 68 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies 81 Dividends left with the company to accumulate at inter 23 GmL interest on mortgage loans less ac crued interest on mortgages acquired during 1911 dross interest on bonds and dividends on stocks less 1447053 accrued interest on bonds acquired during 1911 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust com panies and banks 29 Gross interest on agents advances il Gross discount on claims paid in advance 30 Gross rent from companys property in cluding 2400000 for companys occu pancy of its own buildings 349566 95 549390 40 218369 48 4972 99 3397 47 109 39 98313 56 33 Total gross interest and rents 40 From agents balances previously charged off lils ptfit on sale or maturity of ledger assets viz Bonds 717078 stocks 277069 V J 42 Gross increase by adjustment in book value of ledger assets viz Bonds 43 Total income UIDdsbwrsements for the Year 1 For death claims less 4320575 reinsurance 116969210 additions 37800 1169870 10 2 For matured endowments 22678500 additions 420870 22 19408522 95505 00 8538 18 1222130 24 13 9941 47 5665 00 5159061 70 3 Net amount paid for losses and matured endowments 1590740 32 4 For annuities involving life contingencies 6 Surrender values paid in cash or applied in liquidation of loans or notes 482 ComptrollebGenebals Eepoet 7 Surrender values applied to pay new premiums to pay renewal premiums 149 7 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 25 121 87 10 Dividends applied to pay renewal premiums 132 632 18 12 Dividends applied to purchase paidup additions and an nuities 318088 93 13 Dividends left with the company to accumulate at inter est 8538 18 14 Total paid policyholders o g0a stj5 qo 15 Expense of investigation and settlement of policy claims including 117757 for legal expense 1J82 57 10 Paid for claims and interest thereon held on deposit sur rounded during the year yg6 qq 18 Paid stockholders for interest or dividends 15 000 00 19 Commissions to agents less commission on reinsurance first years premiums 104 97021 renewal premiums 22138016 annuities original 133907 renewal 161184 389301 2i8 20 Commuted renewal commissions i 443 00 22 Agency supervision and traveling expenses of supervisors exceut compensation for home office supervision 16 178 61 23 Branch office expenses including salaries of managers and clerks not included in item 21 82 973 00 24 Medical examiners fees 2300081 inspection of risks 320151 23 262 32 2i Salaries and all other compensation of officers directors trustees and home office employees 178 570 30 20 Rent including 2400000 for companys occupancy of its own buildings sub lease 24 000 00 27 Advertising 1510340 printing and stationery H 10560 postage telegraph telephone and express 7 91U0 33119 10 28 Legal expense not included in item 15 5 895 53 29 Furniture firtures and safes 4 057 70 30 Repairs and expenss other than taxes on real estate 33816 01 31 Taxes on real estate 17 gt 44 32 State taxes mi premiums 45 707 29 33 Insurance department licenses and tees 8 558 35 34 All other licenses fees and taxes Federal corporation tax 377696 tax mi reserves 238039 tax on investments 500 g Qgo 35 39 Traveling expenses of officers anI home office employees 3953 77 40 Examination expenses 2354 40 41 Legislative and other expenses paid through Association of Life Ins Presi dents 1398 0042 Rent of vault etc 43 Miscellaneous expenses ComptrollerGenerals Report 901 00 3887 07 Total 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 9360081 bonds 1101750 483 12492 24 2267 00 104627 31 48 Total disbursements 3841957 85 IVLedger Assets 1550000 00 7166090 00 1 Book value of real estate 2 Mortgage loans on real estate 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes on policies in force of which 3295 is for first years premiums 6 Book value of bonds 11864650 75 and stocks 1 35805550 7 Cash in companys oftice g Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest 3175699 00 596865 17 706 25 104491 32 160985 22 Total 2663190 76 10 Aunts balances debit 1457938 credit J2OOOl7 net U 25982130 55 12 Total ledger assets NonLedger Assets 13 Interest accrued 2929859 or mortgages 29298 59 14 Interest accrued 16296800 on bonds 162968 00 16 Interest due 1419089 and accrued 58032 on premium notes policy leans or Hens 18 Interest accrued 35000 on deposits in bank and trust companys 20 Rents due 101750 and accrued 2 08333 on companys property or lease 14771 21 850 00 3100 83 21 Total interest and rents due and accrued New Business Renewals 25 Gross premiums due and 210488 63 unreported on policies in force December 31 1911 4094 38 206126 33484 ComptrollerGenerals Report 26 Gross deferred premiums on policies in force December 31 1911 37859 55 251079 67 27 Totals 41953 93 457206 00 28 Deduct loading 9281 23 113916 81 29 Net amount of uncollec ted and deferred premiums i672 70 343289 19 375961 89 35 Gross assets 26568581 07 Deduct Assets Not Admitted 38 Agent s debit balances gross 44 Bonds and stocks 14579 38 176581 50 Ttal 191160 88 46 Admitted assets 26 377 420 19 VLiabilities Net present value of all the outstanding policies in force on the 31st day of Dec ember 1911 as computed by the New York 111 sura nee Department on the fol lowing tables of mortality and rates of interest viz I Actuaries table at 4 per cent on Life endowment and term policies with con tinuous or limited premiums with or without a pure endowment or return premium feature par or nonpar issues 18601900 Inc L156061 00 Same for revisionary additions 336040 00 Toal I189i73 00 2 American Experience table at 3 per cent on same classes as above issues r 1MI tW7 inc 7670446 00 Same for revisionary additions 2127529 00 Total 3 American Experience table at 3 per cent on life endowment and term policies with continuous or limited premiums with or without a return premium fea ture par issues of 18941911 inc Same for revisionary additions 9797975 00 1055675 00 3170 00 Total 1658845 00ComptrollerGenerals Report 485 5 Net present value of annuities including tihose in reduction of premiums Actuaries table at 4 per cent 12108 00 American Exp Table 3 per cent 305273 0 McClintocks Table 3 per cent blb6 UU 530046 00 Total i 23892597 00 Total 6 Deduct net value of risks of this company reinsured in other solvent companies 23737644 00 Total 9 Present value of amounts not yet due on supplementary contracts not involving life contingenices computed bv the company 10 Liability on policies cancelled and not included in net reseve upon which a surrender value may be do manded 12 Claims for death losses in process of ad justment or adjusted and not due 3LS7 it 13 Claims for death losses incurred for which no proofs have been received J 14 Claims for matured endowments due and unpaid 15 Claims for death losses and other policy claims resisted by the company 146699 72 17 Total policy claims 9Dividends left with the company to accumulate at interest and aeciiied interest thereon 20 Premiums paid in advance including surrender values so applied 1i 2 970 11 21 Unearned interest and rent paid in advanceg 23 Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts due or 26 Mediclllxaminersfees 415500and legal fees 250000 due or accrued V 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement V 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiumbs rnnn nn 36 Reserve for death claims not reported December 31st loOOO 0 24388926 46 43 Total 486 ComptrollerGenerals Eeport 44 Capital stock 125000 00 4o Umassigned funds surplus 1 863 493 73 46T0taI 26377420 19 Business in the State of Georgia During the Sear N Amount 17 Policies on the lives of citizens of said state in 10 free Decembpr 31 of previous year 494 1359485 00 18 Pohces on the lives of citizens of said state issued during the year 145 312196 33 Zl0tfl tIW 1671681 33 Deduct ceased to be hi force during the year 28 98280 33 21 Policies in force December 31 6U i573 40 00 oo i i No Amount iZ Losses and claims incurred during year g 52 923 68 I4rrotal Losses and claims settled duringthe year 6 52 923 68 Premiums collcclod or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 6381522 ILLINOIS LIFE INSURANCE COMPANY OF CHICAGO ILLINOIS lames W Stevens President Oswald 1 Arnold Secretary Principal Office 106 W Monroe St Chicago Illinois J C Tumlin Attorney for Service in Georgia TCapital Stock 1 Amount of capital stork paid up in cash 100000 00 2 Amount of net ledger assets December 31 of previous year 7553031 15 Jxt0nded at 7553031 15 IfIncome During the Year 1 Cash received for premiums on new policies without deductions for commis sions or other expenses 478876 09 Id Cash received for renewal premiums without deductions for commissions or other expenses i 3g4 221 20ComptrollerGenerals Report 3 From dividends applied to pay running 487 premiums 18227 47 5991 48 31 From dividends applied to purchase paid up additions and annuities 4V From surrender values applied to pur chase paidup insurance and annuities 2V1J za 1919531 53 Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 15 87841 renewals 2011686 399o ZT 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 11 Gas receivedfoV interest on other debts due the company 12 Cash received as interest collateral loans 13 Cash received for rents for use of companys property including companys own occupancy 14 Cash received for profits and sales of Bonds or stocks 2000 19 From all other sources viz Adjustment book val bonds Total income s 1883536 50411 26 67 117470 50 83904 30797 95323 76 75 55 59640 do 20 00 605 00 2321709 49 TITDisbursements for the Year 1 Cash paid for death claims including re visionary additions 3 Cash paid for matured endowments and additions thereto Total 659395 49 6 Deduct amount received from other com panies for losses or claims on policies of this company 35000 00 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of sur rendered polices 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 624395 49 900 00 8677 55 20077 85 18227 47 5991 48488 ComptrollerGenerals Eeport 13 Surrender values paid in cash 167 931 86 14 Purchased revised additions 6g 1 15 Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 869101 09 lb Gash paid stockholders for interest on dividends 7000 00 17 Gash paid for commissions and bonuses to agents less commission on reinsurance new policies 327044 70 renewals 14836060 475395 30 18 Cash paid for salaries and allowances to managers and t aSents 39920 31 19 Cash paid for medical examiners fees ag85506 inspec tion of risks 642261 35 277 73 20 Cash paid for salaries and all other compensation of officers and other home office employees 123 783 17 21 Cash paid for taxes on new premiums 1Y54O 75 22 Cash paid for taxes on reserves 2082 65 23 Cash paid for insurance department fees and agents licenses 223669 municipal licenses 24800 2 484 69 24 Cash paid for rent 58 Investigation of claims oj9 g 27 Gasli paid for advertising 1295150 printing 10976 54 postage 912086 exchange 128019 34339 u 28 Gash paid for real estate expenses other than taxes 7 19158 for legal expenses 376805 10 959 63 29 Cash paid for the following items viz Collection of premiums 208941 expenses incidental 560813 leg and inv 80544 8 502 98 Decrease by adjustment in book value 45 4g 30 Total disbursements 16410 IV Assets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 695123 19 2 Loans on Mortgage flrsri liens on real estate l043iS32 77 3 Loans secured by pledge of bonds atockB or other marketable collaterals 554 0 4 Loans made in cash to policy holders on this Companys policies assigned as collateral 163179 51 5 Premium notes loans or liens on policies in force 3580 64 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 2 672 922 85 7 Cash in companys office and in course of transmission 174 35 8 Cash deposited in banks 107o48 20 9 Bills receivable oqqi 4 10 Agents ledger balances of which 2723284 was ad vanced during the year 275597 46ComptrollerGeneral s Report Rental contract corporate obligation secured commuted value Suspense account 1837904 furniture and fixtures 47 32174 corn reu coins 4410000 489 118030 00 109800 7 11 Total net or ledger assets as per balance above 8232741 49 Other Assets H Interest due 28600 and accrued 14 41021 on mortgage 15 Interest accrued 72085 on bonds and stocks 16 Interest accrued 516506 on collateral loans 17 Interest aecruud 891202 on premiums notes loans or liens 18 Interest accrued 48642 on other assets 14696 21 720 85 5165 06 8612 92 486 42 Total carried out 20 Market value of real estato over cost 21 Market value of bonds and stocks over cost New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 9 15434 52 172897 17 24 Gross deferred premiums on policies in forco December 31 1911 7235 76 128696 84 Totals 22670 28 301594 01 25 Deducting actual loading 19812 13 42706 41 26 Net amount of uncol lected and deferred premiums 3 2858 15 258887 60 Kxt ended 27 Furniture fixtures and safes Items Not Admitted 2 Furniture fixtures and safes 3 Commuted commissions 4 Suspense account 5 Agents balances 6 Loans on policies and net premiums in excess of net value of policies 47321 74 44100 00 18379 04 279716 56 23602 54 29681 46 386376 81 476834 90 261745 75 93S738 41490 ComptrollerGenerals Report 7 Bills receivable Total 2993 74 416113 62 9 Total assets less items not admitted 8971266 79 VLiabilities 1 Net present value if all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with fpur per cent interest and 3tj per cent subsequent to July 1st 1907 7882824 00 Deduct net value of risks of this company reinsured in other solvent companies 26777 00 Net reinsurance reserve 3 Maims for death losses in process of ad justment and reported and no proof received 8 Present value of unpaid amounts on matured installment policies 7856047 00 38813 00 29404 89 Total policy claims 68217 89 10 Amount of all unpaid dividends of surplus or other descrip tion of profits duo or apportioned to policyliolders I 18514 16 11 Survivorship investment fund 68816 72 12 Amount of national state or other taxes accrued 16675 09 13 Amount due on account of salaries rents and office expenses 15802 90 14 Amount due by the company for borrowed money includ ing unearned interest 23853 50 16 Amount of any other liability of the company viz prem iums paid in advance 1143598 34653 73 17 Liabilities on policyholderB account 18 Gross Surplus on policyliolders account 19 Total liabilities VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 3791 64 2 Premium notes loans or liens received dur ing the year on old policies 49 00 3232582 99 738683 80 3971266 79 Total 3840 64ComptrollerGenerals Keport 491 Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims Balance note assets at end of year 380 64 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 31st of previous year u J Number and amount of policies on the lives of citizens of Georgia issued during the year 85 1444962 00 Total 2675 4376193 00 Deduct number and amount which have ceased to be in force during the year533 99oo24 UU Total number and amount of policies in force in t i81 inn 2142 3380569 00 Georgia December 31 1911 No Amount Amount of losses and claims on policies in Georgia unpaid December 31st of previous year w uu Amount of losses and claims on policies in Georgia incurred during the year 29 67484 00 Total V Amount of losses and claims on policies in Georgia paid during the year by adjudication 100000 28 65494 00 monnt of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dvdends commissions or other expenses Total 84847 15 INDIANA NATIONAL LIFE INSURANCE COMPANY OF INDIANAPOLIS ESTD r i Geo C Brooks Secretary D Renick President cu Principal Office Indianapolis Ind E C Lester Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 230060 00 Amount of net or ledger assets December 31 of previous year 248967 04 Increase of capital during 1911 104020 00 352987 04 Extended at 492 ComptrollerGeneralis Report ITIncome During Year 1911 1 Cash received for premiums on new policies without deductions for commissions or other expenses 55813 62 1 Cash received for renewal premiums without deductions for commissions or other expenses 86084 55 3 From dividends applied to pay running premiums 9250 23 ii Total 151748 40 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 12278 re newals 22779 total 400 57 i 7 Total premium income 8 Cash received for interest on mortgage loans i Cash received for interest on bonds and dividends on stock ID Cash received for interest on premium notes loans or liens and stock notes 11 Cash received for interest on other debts due the company cert ificates of deposit 14 Cash received for interest on time deposits of bonds or stocks real estate rent 5000 all other 18 Money borrowed first mortgage on real estate 19 From all other sources Total income 111Disbursements for the Year 1911 1 Gash paid for death claims including re visionary additions IS500 00 7 Total net amount actually paid for losses and matured endowments 9 Premium notes loans or liens voided by lapse 10 Premiums returned 11 Cash dividends applied to pay running premiums 13 Surrender values paid in cash Total paid policyholders 10 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less Commission on reinsurance new policies 40915 l renewals 232021 total is Cash paid for salaries ami allowances to managers and agents 151347 83 3767 24 252 50 j 4221 03 149 39 275 00 81000 00 62858 71 305215 75 18500 00 503 1 42 1987 10 9250 23 522s 15 39990 90 5505 00 49241 70 5114 2619 20 21 22 23 24 ComptrollerGenerals Eeport Cash paid for medical examiners fees 329800 inspection of risks 64320 total Cash paid for salaries and all other compensation of officers and other home office employees Cash paid for taxes on new premiums Cash paid for taxes on reserves Cash paid for insurance department fees and agents licenses 28263 municipal licenses 12413 total Cash paid for rent lAVon V Cash paid for advertising 173820 printing 202609 exchange 13180 total Cash paid for real estate expenses for legal expenses Cash paid for the following items viz Agents balances charged off Loss on sale of real estate contract 493 30 Total disbursements 3941 20 14151 00 184 98 722 39 406 76 2875 40 3896 69 2207 10 3745 76 5439 65 139089 62 XVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbranees 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collaterals stock notes 4 Loans made in cash to policyholders on this company s policies assigned as collateral 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in company s office 8 Cash deposited in banks and trust companies 9 Bills receivable 10 Agents ledger balances Premium notes on renewal premiums Furniture and fixtures 215000 00 144320 00 14035 99 40928 27 2000 00 2220 17 80203 55 1256 43 1040 59 13796 94 4311 43 11 Total net or ledger assets 519113 17 Other Assets 14 Interest on mortgages 15 Interest on bonds and stocks 10 Interest on collateral loans stock notes 17 Interest on premiums notes loans or liens 18 Interest on other assets viz Certificates of deposit 19 Rents on companys property or lease Total carried out 20 Market value of real estate over cost 2536 44 47 50 229 92 23G 09 611 32 1506 00 5167 27 10000 00494 ComptrollerGenerals Keport New Business Renewals 23 Gross premiums due and on reported on policies in force December 31 41018 35 24 Gross deferred premiums on policies in force De cember 31 12151 25 2020 54 Totals 1018 35 14171 79 25 Deducting loading 20509 35 1417 18 26 Net amount of uncollected and deferred premiums 20509 00 12754 61 28 Total assets as per the books of the company Items Not Admitted 33263 61 567544 05 2 Judgments furniture fixtures and safes 5 Agents balances 7 Bills receivable 4311 43 1083 44 1256 43 Total 9 Total assets less items doI admitted VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The American Experience Actuaries Table of Mortality witli three per cent interest 3494327 3y per cent 189 97680 total 224920 07 Net reinsurance reserve IS Claims for death losses and other policy claims resisted by the ie company 5000 00 Total policy claims H Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 13 Amount due on account of salaries rents and office ex penses examination fees and miscellaneous bills 14 Amount due by the company for borrowed money including interest due or accrued mortgage on real estate lti Amount of any other liability of the company viz Pre miums paid in advance Interest on judgment 17 Liabilities on policyholder a account 6651 35 560892 75 224785 22 5000 00 2620 53 658 00 81000 00 401 50 215 00 314680 25 560892 75 ComptrollerGenerals Eeport 495 246212 50 18 Gross surplus on polioyholders account 19 Total liabilities VIPremium Note Account 1 Premium notes loans or liens on hand December 31 of previous year 2 Premium notes loans or liens received dur ing the year on old policies 17885 06 Total Deductions during the year as follows Amount of notes loans or liens voided by lapse Amount of notes loans or liens redeemed 29298 94 5031 42 10470 58 by maker in cash Total reduction of premium note account Balance note assets at end of the year 13796 94 INTEKNATIONAL LIFE INSURANCE COMPANY OP ST LOUIS MO W V Grantges Secretary Massey Wilson President Principal Office Saint Louis Mo H W Campbell Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 620350 00 Amount of net or ledger assets December 31 of previous year Extended at 1086717 50 1086717 50 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses IU Cash received for renewal premiums without deductions for commissions or other expenses 3 Prom dividends applied to pay running pre miums 3 From dividends applied to purchase paid up additions and annuities Total 255468 58 496 ComptrollerGenerals Report Deduct amount of premiums paid to otter companies for reinsurance on policies in this company new business 1027798 renewals 380374 total 14081 72 7 Total premiums 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 14 Cash received for all other company stock 15 Ledger assets other than premiums received from other companies for assuming or reinsuring their risks 19 Prom all other sources viz Advances and P P 332595 mortgage loans commissions and bonuses 172759 total Total income IIIDisbursements for the Year 1911 34700 00 1 Cash paid for death claims including re visionary additions 7 Total net amount actually paid for losses and matured endowments 34 700 00 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 17 Cash paid for commissions and bonuses to agents less commission on reinsurance 210203 new policies H0fi5794 renewals 1118604 total 18 Cash paid for salaries and allowances to manngcrs and agents I Cash paid for medical examiners fees 2257390 inspec tion of risks 576386 total v 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 22 Cash paid for taxes on reserves 23 Cash paid for insurance department fees and agents licenses 100647 538105 municipal licenses 1 15631 total 24 Cash paid for rent 26 Cash paid for furniture fixtures and safes for home and agency offices 540514 05 40325 12 4937 58 1022 61 6940 51 7792 76 6196 32 5053 54 612782 69 2446 54 21220 09 24170 64 1578 00 199741 95 23615 45 28337 76 608 36 6410 69 9055 14 7543 83 6827 46 874 92ComptrollerGenerals Eeport 27 Cash paid for advertising 856111 printing 658687 total 28 Cash paid for legal expenses 29 Cash paid for the following items viz Postage telegraph telephone express exchange All other Total miscellaneous expenses 497 15147 98 2133 65 5367 58 11557 35 811 25 30 Total disbursements IVAssets as Per Ledger Accounts 9 Loans on mortgage first liens on real estate 4 Loans made in cash to policyholders on this company s policies assigned as collateral 5 Premium notes loans or liens on policies in force ot which 2503796 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 11 Total net or ledger assets as per balance above Other Assets 14 Interest accrued on mortgages 17242 64 15 Interest accrued on bonds and stocks 241d 75 17 Interest accrued on premiums notes loans or liens 18 Interest arcrued on other assets hmi 445148 64 829301 65 14590 09 8279 15 154272 50 705 21 178598 52 10031 97 58572 46 1254351 55 Total carried out 20792 51 Renewals New Business 23 Gross premiums due and unreported on policies in force December 31 1911 73810 72 41973 12 Totals l37l72 41973 12 25 Deducting loading 50 76755 and renewals 371998 total 068 89 3882 73 26 Net amount of uncollected and deferred premiums 74479 61 4585o 85 65847 93 28 Total assets as per the books of the company 1340991 99498 Comptroller General s Report Items Not Admitted 5 Agents balances 60294 10 6 Book value of bonds over market value 830 00 7 Bills receivable 10031 97 Excess in item No 26 over value of poli cies 14725 31 Total 85881 38 9 Total assets less items not admitted 1255110 61 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 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 conn panies 361440 00 6315 00 Net reinsurance reserve Reserve to provide for health and accident in policies 3 Claims for death losses due and unpaid 13000 00 6 Claims for death losses and other policy claims and no proofs received 400 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders Pus Int 12 Amount of national State or other taxes due 13 Amount due on account of salaries rents and office expenses 14 Medical fees 16 Amount of any other liability of the company viz Pre miums paid in Advance 243573 unearned interest 43547 commissions due 27850 reinsurance pre miums 23525 advance and paitial payments 3 15355 tnlal 355125 00 3865 00 17000 00 32065 97 7287 76 1596 53 1425 23 6838 50 17 Liabilities on policyholders account 425 203 99 18 Gross surplus on policyholders account 829 906 62 19 Total liabilities 1255110 61 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 of previous year 3654 54ComptrollerGenerals Report 499 2 Premium notes loans or liens received during the year on new policies lien 10950 on old policies 2492846 total 0d7 9b 28692 50 Total v Deductions during the year as follows Amount of notes loans or liens voided by lapse 7467 71 Amount of notes loans or liens renewed 481 43 Amount of notes loans or liens redeemed by maker in cash 12464 21 Total reduction of premium note account 20413 35 Balance note assets at end of the year 8279 15 Business in the State of Georgia During the Year No Amount Number and amount of policies on the lives of citi zens of Georgia in force December 31st of pre 617 1129076 00 vious year v Number and amount of policies on the lives of citi CCQCi nn zens of Georgia issued during the year 882 1788994 uu Total 1499 2918070 00 Deduct number and amount which have ceased to be in force during the yearttl 773913 00 Total number and amount of policies in force in Georgia December 31 1911 1088 2145157 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year pending 200000 6 7000 00 Total 6 70000 Amount of losses and claims on policies in Georgia paid during the year 5000 00 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 6471650500 COMPTBOLLERGENERALS KePORT INTERSOUTHERN LIFE INSURANCE COMPANY OF LOUISVILLE KY James R Buffin President David Meriwether Secretary Principal Office Prospect Ky Executive Offices Louisville Ky R B Mitchusson Attorney for Service in Georgia ICapital Stock 1 Amount of Capital stock paid up in nsh 422378 90 Amount of net or ledger assets December 31 of previous year 283232 07 Increase of capital during 1912 214807 90 Extended at 498039 97 IIIncome During the Year 1 Gash received for premiums on new policies without deductions for commis sions or other expenses 49185 95 1 Cash received for renewal premiums without deductions for commissions or other expenses ig 7 j 2 Premium notes loans or liens taken in part payment for renewal premium 1971 22 Total 09430 02 0 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 23914 renewals 91182 11511110 7 Total premium income f 8 Cash received for interest on mortgage loans 9 Cash received for interest on Ooiids owned and dividends on stock in Cash received for interest on premium notes loans or liens II Cash received for interest on other debts due the company 13 Cash received for rents for use t companys property 14 Cash received tor profits on sales of real estate 17 Premium paid in advance 15 Surplus from sale of companys stock 19 From all other sources viz Irolit and losses Total income 0s279 00 2 lfi 97 3545 21 342 02 520 29 1501 57 161876 07 1310 25 13135 00 5637 14 258313 78CoMPTROLLERG ENERAL s REPORT IIIDisbursements for the Year 501 1 Cash paid for death claims including revisionary additions i 3500 00 Total 3500 00 7 Total net amount actually paid for losses and matured endowments 10 Premium reduction 3 Surrender values paid in cash s and bonuses to agents Jess Total paid policyholders 17 Cash paid for commission commission on reinsurance new policies 3033736 renewals 42242 V 18 Cash paid for salaries and allowances to managers and agents including traveling expenses 19 Cash paid for Medical examiners fees 1273683 inspec tion of risks 161352 M Cash paid for salaries and all other compensation of officers and other home office employees 22 Cash paid for taxes on reserves 143822 in investments 13782 23 Cash paid for insurance department fees and agents licenses 22428 municipal licenses 78834 24 Cash paid for rent 25 Commission on stock sold 20 Profit and loss 27 Cash paid for advertising 863045 printing 33139 28 Cash paid for real estate expenses other than taxes 36919 for legal expenses 134732 29 Cash paid for the following items viz postage telegraph telephone etc 249000 loss on bonds sold 138500 General expenses 189407 common advisory board con tracts 21504 collection and exchange 22824 30 6 Total disbursements XVAssets as per Ledger Accounts Cost valueof real estate exclusive of all incumbrances Loans on Mortgage first liens on real estate Loans secured by pledge of bonds stocks or other marketable collaterals Loans made in cash to policyholders on this company s policies assigned as collateral Premium notes loans or liens on policies in force Cost value of bonds and stocks owned excluding accrued interest at time of purchase Cash in companys office ash deposited in banks 3500 00 134 04 1743 6fi 5377 70 30759 78 13760 07 14350 35 16312 17 1576 04 1012 62 2677 00 1476 25 12035 56 11944 37 1716 51 3875 00 2337 35 119210 77 5200 00 22948 SI 7590 00 3036 00 2520 88 428400 00 59558 68 37036 31502 ComptrollerGenerals Report 9 Bills receivable 10 Agents ledger balances of which 2731226 was advanced during the year less cr bal 12500 Furniture safes and fixtures 133 47 62836 33 7882 50 11 Total net or ledger assets 637 142 98 Other Assets 14 Interest accrued 46892 on mortgages 15 Interest due 15750 and accrued 13375 on bonds 16 Interest due 2172 and accrued 71794 on collateral loans 17 Interest due 292 and accrued 3118 on premiums notes loans or liens 18 Interest on stocks Total carried out 468 92 291 25 739 66 34 10 683 32 New Business 23 Gross premiums due and unreported on policies in force December 31 1911 v 5290 21 24 Gross deferred premiums on policies in force December 31 1911 40420 00 Renewals 4641 46 10392 39 Totals 25 Deducting loading 45690 21 5368 50 15033 83 1503 38 26 Net amount of uncol lected and deferred premiums Extended at 40321 71 135311 45 28 Total assets at per the books of the company Items Not Admitted 2 Furniture fixtures ami safes 5 Agents balances 7 Bills receivable 8 All other items 7882 50 62961 33 133 47 14698 95 Total 2217 25 53852 16 093212 39 85676 25 9 Total assets less items not admitted 607536 14 VLiabilities 1 Net present value if all the outstanding policies in force on the 31st day of ComptrollerGenerals Eeport December Iftll computed according to The American Table of Mortality with 3y per cent interest Deduct net value of risks of this company reinsured in other solvent companies 503 560 00 Net reinsurance reserve 11 Medical examiners fees 12 Amount of national state or other taxes payable 13 Amount due on account of salaries rents and office expenses 16 Amount of any other liability of the company Viz Premiums paid in advance 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities VIPremium Note Account 1 Premiums notes loans or liens on hand December 31 or previous year 2 Premium notes loans or liens received dur ing the year on old policies 683 62 1971 20 Total Deductions during the year as follows Amount voided by lapse Amount redeemed by maker in cash 183 61 731 08 60985 00 2135 00 2000 00 1504 73 1316 25 67940 98 539595 16 607536 14 Total reduction in premium note account Balance note assets at end of the year Business in the State of Georgia During the Year No 2654 82 914 69 1740 13 Amount Number and amount of policies on the lives of citizens of Georgia issued during the year 21 221WU Total 221 221500 00 48 46500 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 1911 d in Georgia during the year in cash r credUsTwithout any deduction for losses dividends corn other expenses Total 8954S Amount of premiums collected or secure and notes c missions or54 ComptrollerGenerals Report JEFFERSON STANDARD LIFE INSURANCE COMPANY OF RALEIGH NORTH CAROLINA Joseph Y Brown President fjhaS W Gold Secretary Principal Office Raleigh North Carolina A L Deadwyler Attorney for Service in Georgia TCapital Stock 1 Amount of capital stock paid up in cash 250000 00 Amount of net or ledger assets December 81 of previous year 856238 88 fended at S56 s ss ITIncome During he Year 1 Gash received for premiums on new policies without deductions for commis sions or other expenses 106 607 34 I C Cash received for renewal premiums without deductions for commissions or other expenses L p 97 2V2 Premium notes loans or liens taken in part payment for renewal premium 10838 58 3 From dividends applied to pay running premiums Qgg 11 31 From dividends applied to purchase paid up additions and annuities 325 09 From surrender values applied to pur chase paidup insurance anil annuities 357 03 Total 357539 32 i Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 244644 renewals 481444 jiW 88 7 Tola premium income b y0 070 t 8 lash received for interest on mortgage loans 20177 46 0 Cash received for interesl on bonds owned and dividends stllls 397g 75 10 Cash receive for interest on premium notes loans or liens 3627 47 11 Cash received for interest on other debts due the company 14785 82 13 Cash received for rents for use of companys property 40 00 14 Cash received for profits on sales of bonds or stocks 97 50 16 From dividends and surrender values on reinsurance 306 00L ComptrollerGenerals Report 18 Consideration supplementary contracts not involving life contingencies 10 From all other sources viz C S Alston rent 505 Total income 1521 00 240 U0 395047 04 HIDisbursements for the Year 1 Cash paid for death claims including revisionary additions inculding 12462 health and accident 2 Premiums notes loans or liens used in payment of the same 102 89 Total 68018 32 7 Total netamount actually paid for losses and matured endowments 9 Premium notes loans or liens used in purchase of sur rendered policies 472405 voided by lapse 21676 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 j Total paid policyholders i 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 65157 74 renewals 983242 i 18 Cash paid for branch office expenses and traveling expenses of managers and agents 19 Cash paid for medical examiners fees 1796400 inspec tion of risks 263110 20 Cash paid for salaries and all other compensation ot officers and other home office employees 21 Cash paid for taxes on premiums 22 Cash paid for taxes on reserves 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent 27 Cash paid for advertising 388271 printing 303828 postage telegraph telephone and express 29897 exchange 9538 28 Cash paid for real estate expenses other than taxes 1941 for legal expenses 65000 29 Cash paid for the following items viz Sundries 82690 Discount 910 68018 32 6891 72 2028 41 325 09 5305 14 3571 93 si i 140 61 74990 Hi 8011 77 20595 10 22172 04 1675 86 4512 7 5 1794 17 3142 05 9815 34 669 41 836 00 30 Total disbursements 234955 26506 ComptrollerGenerals Report IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all iucumbrauees 5395 04 2 Loans on mortgage first liens on real estate 501918 00 3 Loans secured by pledge of bonds stocks or other marketable collaterals 301911 26 4 Loans made in cash to policyholders on this companys policies assigned as collateral 41413 75 5 Premium notes loans or liens on policies in force of which 1083858 was received during the year 26950 50 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 67450 06 7 Cash in companys office 1337 00 8 Cash deposited in banks 30837 50 9 Bills receivable secured 64 79 10 Agents ledger balances 33994 69 Furniture and fixtures 5058 07 11 Total net or ledger assets 1016330 66 Other Assets 14 Interest due 37830 and accrued 695892 on mortgages 7337 22 15 Accrued 12669 on bonds and stocks 126 69 17 Accrued 139159 on premiums notes loans or liens 1391 59 19 Rents accrued 3067 on companys prop erty or lease 30 67 Total carried out 22 Due from other companies for losses or claims on policies of this company reinsured 8886 17 5167 00 New Business 23 Gross premiums due and unreported on policies in force December 31 1911 381 6 24 Gross deferred premiums on policies in force December 31 1911 2679 21 Total 25 Deducting loading 26 Net amount of uncol lected and deferred premiums 3060 90 2012 33 Renewals 16657 95 8772 28 25430 22 4362 07 1048 57 21068 16ComptrollerGenerals Report 507 22116 73 Extended 14 133 10 27 Furniture fixtures and safes 28 Total assets as per the books of the company 1066633 66 Items Not Admitted 2 Furniture fixtures and safes 5058 3 Premium notes on policies in excess of net 1202 64 value 3094 69 5 Agents balances A6m m 40255 40 Total VLiabilities 1 Net present value if all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and American 310 per cent and American 3 per cent 557277 00 Deduct net value of risks of this company reinsured in other solvent companies 4042 00 553235 00 Net reinsurance reserve 3 Claims for death losses due and unpaid 5000 00 8 Present value of unpaid amounts on matured installment policies fade 180000 1529 18 6529 18 Total policy ela uns 13 Amount due on account of salaries rents and office expenses W 16 Amount of any other liability of the company viz Prem iums paid in advance 349916 interest on policy loans 79085 mortgages 12279 commission due agents on premium notes when paid 56532 medical fees and inspection 100100 reinsurance premiums 24351 17 Liabilities on policyholder s account WJg 18 Gross Surplus on policyholders account 1026378 26 19 Total liabilities VIPremium Note Account 1 Premiums notes loans or liens on hand December 31 or previous year 33837 1508 ComptrollerGenerals Report 2 Premium notes loans or liens received dur ing the year 10838 58 Total 44675 70 Deductions during the year as follows Amount used in payment of losses and claimS 162 89 Amount used in purchaso of surrendered policies 4724 05 Amount voided by lapse g 167 67 Amount redeemed by maker in cash 10670 59 Total reduction of premium note account 17 725 20 Balance note assets at end of the year 26 950 50 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 31st of previous year 775 j086615 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 650 911706 00 TntaI 1425 1998321 OX Deduct number and amount which have ceased tio be in force during the year 330 392552 mi Total number and amount of policies in force in Georgia December 31 1911 1095 1605769 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 10 i2031 00 Total 10 12031 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 Total 5319944 LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND VIRGINIA J G Walker President E D Harris Secretary Principal Office 919 E Broad St Richmond Virginia L Z Bosser ami Monis Brandon Attorneys for Service in Georgia I Capital Stock 1 Amount of capital stock paid up in cash 40000001CompteollebGekebals Report 509 Amount of net or ledger assets December 31 of previous year Increase of capital during 1011 6106978 60 100000 00 Extended at IIIncome During the Year 6206978 60 I Cash received for premiums on new policies without deductions for commissions or other expenses v V Cash received for renewal premiums without deductions for commissions or other expenses 3 From dividends applied to pay running premiums 3 From dividends applied to purchase paid up 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 472873 84 2415536 89 1796 54 2094 97 817 71 50628 51 Total Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 20568 renewals 270193 29431748 40 2907 61 7 Total premium income 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 ben 11 Cash received for interest on bank deposits 12 Cash received for interest on collateral loans 13 Cash received for rents for use of companys property including 1290000 for companys own occupancy 14 Cash received for profits on sales of bonds or stocks 150 58 real estate 58656 all other 20000 15 Consideration for supplementary contracts not involving life contingencies 17 Premium notes paid previously charged off 18 Unclaimed deposits on industrial applications 19 From all other sources viz Agents cash bonds Total income 2940840 85 273809 07 35179 29 11536 73 10927 20 3058 15 13700 08 2037 14 9998 36 12 40 117 68 750 00 3301966 95 510 ComptrollerGenerals Report IIIDisbursements for the Year 1 Cash paid for death claims including revisionary additions 3 Cash paid for matured endowments and additions thereto 5 Cash paid forweekly industrial claims Total 934130 68 2699 05 173 05 937j002 78 10 11 12 13 14 15 Total net amount actually paid for losses and matured endowments Cash paid to annuitants Premium notes loans or liens used in purchase of sur rendered policies voided by lapse Cash dividends paid policyholders Cash dividends applied to pay running premiums Cash dividends applied to purchase paidup additions and annuities Surrender values paid in cash Surrender values applied to pay running premiums Surrender values applied to purchase paidup insurance and annuities 937002 78 179 17 6 20 47767 90 1796 54 2094 97 32007 39 817 71 50628 51 Total paid policyholders 16 Cash paid stockholders for interest cm dividends 16 Claims on supplementary contracts not involving life contingencies 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 19537820 renewals 32952857 18 Cash paid for salaries and allowances to managers and agents and for agency expenses 19 Cash paid for medical examiners fees 5234080 inspec tion of risks if 106550 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for state taxes on premiums 3830463 on real estate 281062 federal corporation tax 124044 22 Cash paid for taxes state licenses franchises and personal property tax 23 Cash paid for insurance department fees and agents licenses 134726 municipal licenses and taxes 9 93634 24 Cash paid for rents including 1290000 companys occu pancy less 1200 received under sublease 25 Cash paid for postage telegraph telephone and express 26 Cash paid for furniture fixtures and safes for home and agency offices 3 271Hi traveling expenses home office 243079 1072301 17 104000 00 2000 00 524906 77 268299 66 53406 30 163586 56 42355 09 18112 27 11283 60 36308 03 6579 86 5700 95ComptrollerGenerals Bepost 511 27 Cash paid for advertising 2164106 printing and station ery 1751278 general expenses home office 924313 28 Cash paid for real estate expenses other than taxes 5 26597 for legal expenses 1790419 29 Cash paid for the following items viz agents cash bonds Profit and loss and decrease by adjustments in book value of assets 48396 97 23170 16 2100 00 10297 80 3d Total disbursements 2392805 79 IVAssets as per Ledger Accounts 1 Cost value of real estate 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other marketable collaterals 4 Loans made in cash to policyholders on this company s policies assigned as collateral 5 Premium notes loans on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in company a office 8 Cash deposited in banks 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 188563 and accrued 80 21712 on mortgages 15 interest accrued 1291624 ou bonds and 16 Interest accrued 13253 on collateral loans 17 Interest due 44370 on premiums notes loans or liens 199772 72 5593158 49 23350 00 197625 90 3437 02 742079 16 7340 60 349375 87 7110139 76 10311 32 7105828 44 82102 75 12916 24 132 53 443 70 Total carried out 20 Market value of real estate over cost 21 Market value of stocks over cost 95595 22 50366 87 35550 00 New Business 23 Gross premiums due and unreported on policies in force December 31 1911 6487 24 Renewals 42637 10512 ComptrollerGenerals Report 24 Gross deferred premiums on policies in force December 31 1911 12655 50 65266 99 Totals 25 Deducting loading 19142 74 4791 18 107904 09 29836 59 26 Net amount of uncollec t e d and ueferred premiums Extended at 27 Premium extension notes 14351 56 78067 50 92419 06 2392 5G 28 Total assets as per the books of the company 7382152 15 VLiabilities 1 Net present value if all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with 4 per cent interest American 3 per cent and 3 per cent and Standard Indus trial 3 per cent 5633218 00 Deduct net value of risks of this company reinsured in other solvent companies 1664 00 Net reinsurance reserve 5631554 00 2 Liability on policies canceled and not included above upon wihich a surrender value may be demanded 20086 00 3 Claims for death losses not reported 25000 00 4 Claims for matured endowments due and unpaid 1125 64 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 8445 30 6 Claims for death losses and other policy claims reported and no proofs received 5834 75 Total policy claims 40405 63 8 Present value of amounts not yet due or supplementary contracts not involving life contingencies 8119 00 9 Unclaimed deposits on industrial applications 117 6S 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 7182 84 10 Dividends declared or apportioned to policyholders pay able in 1912 17097 69 11 Amount of unpaid dividends to stockholders 10000 00 12 Amount of national state or other taxes due or accrued 29408 87ComptrollerGenerals Report 513 13 Amount duo or accrued of salaries rents and office ex penses medical and legal fees 15843 48 14 Amount duo by the company for mortgages on real estate owned including 20833 interest due or accrued 25208 33 14 Commissions due agents on premium notes when paid 256 92 15 Agents cash bonds 1500 00 15 Amount of any other liability of the company viz Prem iums paid in advance 4375761 unearned interest paid in advance 474722 48504 83 16 Amount set apart awaiting apportionment upon deferred dividend policies 120000 00 17 Liabilities 5975285 33 18 Capital stock 4000010 00 19 Surplus 1006866 82 Total 7382152 15 VIPremium Note Account 1 Premiums notes loans or liens on hand December 31 or previous year 5514 23 2 Premium notes loans or liens received dur ing the year on policies 13131 68 Total 18645 91 Total reduction of premium note account 12816 33 Balance note assets at end of the year 5829 58 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 31st of previous year 27929 3883865 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 17984 2497126 00 Total 45913 6380991 00 Deduct number and amount which have ceased to be in force during the year 14280 1840335 00 Total number and amount of policies in force in Georgia December 31 1911 31633 4540656 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1 500 00 Amount of losses and claims on policies in Georgia incurred during the year 408 52912 53 Total 409 53412 53514 ComptrollerGeneral s Report Amount of losses and claims on policies in Georgia paid during the year 408 5370 4 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 17966328 MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK N Y Henry B Stokes President Melvin De Mott Secretary Home Office 64 66 68 and 70 Broadway New York N Y Marshal B Young 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 L0859200 97 4 Extended at 20859200 97 II Income 5 First years premiums on original policies without deduction for commissions or other expenses less 759116 for first years reinsurance 179554 51 6 Surrender values applied to pay first years premiums 7 17 91 7 Total first years premiums on original policies 186772 4 8 Dividends applied to purchase paidup additions and annuities 6 927 66 10 Consideration for original annuities involv ing life contingencies 4 00000 Total new premiums 197700 08 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less l6 97252 for reinsurance on renewals 1953111 77 14 Dividends applied to pay renewal premiums 56962 31 16 Surrender values applied to pay renewal premiums o 143 ga 18 Total renewal premiums 2 012 18 00 19 Total premium income j ono qi u og 20 Consideration for supplementary contracts not involving life contingencies 62 000 00 21 23 25 26 32 ComptrollerGeneral s Report Dividends left with the company to accumulate at interest Gross interest on mortgage loans 413748 59 Gross interest on bonds and dividends on stocks less 256667 accrued interest on bonds acquired during 1911 167168 33 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 com pany On agents balances 37000 on advances against first years commis sions repaid 18077 Gross rent from companys property in cluding 5150000 for companys occu pancy of its own building 515 1732 21 180699 39 12472 29 550 77 270890 00 33 Total gross interest and rents 34 From other sources Claim collected from Mutual Life Insurance Co on Richard J Ball Policy 36 Suit of Co vs Richard Deeves Son com promised for 37 Legal expenses repaid by an agent 38 Repayment of forged check account policy loan 1045529 37 10083 00 4000 00 100 00 44 0O 39 From agents balances previously charged off 4l Gross profit on sale or maturity of ledger assets viz Stocks 42 Gross increase by adjustment in book value of ledger assets viz Bonds 14227 00 434 35 2963 74 3221 00 43 Total income 3340025 75 TILDisbursements for the Year 1 For death claims less 6022800 rein surance 125744722 additions 2 75800 2 For matured endowments 1260205 22 85826 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 601106 restorations 6 Surrender values paid in cash or applied liquidation of loans or notes 7 Surrender values applied to pay new prem iums see income No 6 1346031 22 9536 69 13226 97 598388 58 7217 91516 ComptrollerGenerals Report To pay renewal premiums see Income No 16 2143 92 9361 83 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 145190 21 10 Dividends applied to pay renewal premiums 56962 31 12 Dividends left with the company to accumulate at interest 1732 21 13 Dividends applied to purchase paid up additions 6927 ili 14 Total paid policyholders 2187362 68 15 Expense of investigation and sett lenient of policy claims including 5000 for legal expense 2396 97 16 Paid for claims on supplementary contracts not involving life contingencies 4228 67 17 Dividends and interest thereon held on deposit surrendered during the year 389 77 18 Paid stockholders for interest or dividends 16000 00 19 Commissions to agents less commission on reinsurance First years premiums 8460438 renewal premiums 12154055 annuities 12000 206264 93 22 Agency supervision and traveling expenses of supervisors and agents except compensation for home office super vision 10831 27 23 Branch office expenses including salaries of managers and clerks not included in item 21 24628 87 24 Medical examiners fees 1113715 inspection of risks 431521 15452 36 25 Salaries and all other compensation of officers directors trustees and home office employees 116603 25 26 Rent including 5150000 for companys occupancy of its own buildings less 2OO00 received under sublease 66408 79 27 Advertising 513956 printing and stationery 740506 postage telegraph telephone and express 905101 exchange 12761 i 22872 39 28 Legal expense not included in item 15 16660 45 29 Furniture fixtures and safes 1129 00 30 Repairs and expenses other than taxes on real estate 95824 22 31 Taxes on real estate 7992s 00 32 State taxes on premiums 36081 It 33 Insurance department licenses and fees 1015 17 34 All other licenses fees and taxes Federal corporation tax 168093 county and municipal licenses and taxes 95849 legal advertising 73137 3376 79 38 Other disbursements Expenses election of directors 10600 2d ck account policy loan 1st ok forged Amount refunded 4400 luncheons for employees 61016 general expenses home office 560360 agency 74788 total 635148 travelinghome office 2 061 21 Express matters before legislative bodies offi cers or departments of government 7303 premiumsu ComptbollebGenebal s Beport on life insurance policies to secure an agentss indebted ness 31140 interest paid on contested death claims 2 62898 sundry interest payments 5320 299358 47 Gross decrease by adjustment in book value of ledger assets viz Bonds per schedule D including 241300 for amortization of premiums 517 18239 46 413 00 48 Total disbursements 2931106 IS IVLedger Assets 1 Hook value of real estate 2 Mortgage loans on real estate 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes on policies in force of which 1321317 is for first years premiums 6 Book value of bonds 359742100 and stocks W 7 Cash in companys office 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest 5474840 73 7931690 71 3517206 07 216173 10 3781322 25 288943 59 Total 10 Agents balances debit 2427432 credit 54453 12 Total ledger assets NonLedger Assets 13 Interest accrued 16550609 on mortgages 14 Interest accrued 5606410 on bonds 16 Interest due 4571004 and accrued 8 168 94 on premium notes policy loans or liens 18 Interest accrued 274461 on other assets Deposits Union Trust Co 229414 United States Trust Co 6250 Mechanics Metals National Bank 16213 Enicker bocker Trust Co 22584 20 Rents due 423629 and accrued 801833 on company s property or lease 323157 89 23729 79 21268120 54 165506 09 56064 10 53878 98 2744 61 12254 62 290 448 40 21 Total interest and rents due and accrued g 22 Market value of real estate over book value New Business Renewals 25 Gross premiums due and unreported oa policies in force December 1911 1814 97 140643 64 518 ComptrollerGenerals Kepori 26 Gross deferred premiums cm policies in force December 31 1911 7 Totals j 28 Deduct loading lI per cent 29 Net amount of uncol lected and deferred premiums 35 Gross assets 6768 00 8582 97 1806 80 65290 00 205933 54 44790 57 6716 17 161143 07 167859 24 22069546 45 Deduct Assets not Admitted 38 Agents debit balances 41 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 4 Book value of ledger assets over market value 14174 V2 1734 62401 25 86692 91 46 Admitted Assets 21982853 54 VInabilities Surplus and Other Funds Net value of all the outstanding policies in force on the ilst day of December 1911 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 policies issued prior to January 1st 1901 13401103 on Same for revisionarv additions 39 457 00 Totft1 i American Experience table at per cent on policies issued after January 1 1901 on nonparticipating plan 513497 00 Total 3 American Experience table per cent on policies issued after January 1 1901 on participating plan 5 213 5G8 on Same for revisionarv additions 4407 on i560 no 513497 00 Total 5217975 00ComptrollerGenerals Beport 519 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz Actuaries 4 per cent on annuities issued prior to January 1 1901 American Experience 3 per cent on an nuities issued after January 1 1901 and prior to January 1 1907 MeClintocks 3 per cent on annuities issued after an 1 1907 American Experience 3 per cent on defer red revisionary annuities issued after Jan 1 1907 27959 00 44192 00 21430 00 25 00 93612 00 19265644 00 value of risks of this company reinsured in 8 9 which de 3746 75 30204 00 76092 00 1869 09 23370 44 414 32 85437 00 3729 00 Total Deduct net vmuC other solvent companies 19 150 577 00 Net reserve paid for basis Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the 10 Liability on policies cancelled and not included in reserve upon which a surrender value may be mantled 11 Claims for death losses due and unpaid 12 Claims for death losses in process of ad justment or adjusted and not due 13 Claims for death losses incurred for no proofs have been 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 to accumulate at interest 17 Total policy claims 19 Dividends left with the company ami accrued interest thereon 20 Premiums paid in advance including surrender value so applied Unearned interest and rent paid in advance 22 Commissions due to agents on premium notes when paid 93 Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 117500 and legal fees 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year ot tins statement 135702 60 4600 75 23473 94 89069 48 12702 51 2260 00 5580 1 ii 1175 00 39500 00520 ComptrollerGenerals Report 31 Dividends or other profits due polieyholders including those contingenl on paymenl of outstanding and defer red Premiums 208g6 4J 32 Dividend declared on or apportioned to annual dividend policies payable to polieyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 23060 64 33 Dividends deleared on or apportioned to deferred divi dend policies payable to polieyholders during 1912 54612 48 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 1711272 14 35 Reserve special or surplus funds not included above Amount to provide for any possible depreciation or other Ability 25000 Q0 TotaI 21394539 51 44 Capital stock 100000 Q0 45 Unassigned funds surplus 4SS 214 03 4i Total 21982853 54 business in the State of Georgia During the Vear No Amount Policies on the lives of citizens of said Stale in force December 31 of previous year 1739 2801806 00 Polities on the lives of citizens of said stale issued durin the Vl 255 533497 00 Total 1994 3335303 00 Dediut ceased to be in force during the year KJ4 2i297 110 Policies in force December 31 1830 3012006 00 No Amount Losses ami claims incurred during the year si 74 00 Total 31 71911 01 Losses and claims settled during the year ii 74911 00 Amount of premiums collected or secured in Georgia during the vear in cash and notes or credits without any deduction for losses dividends com missions or other eNises Total 84635 27ComptrollerGenerals Eeport 521 MARYLAND LIFE INSURANCE COMPANY OF BALTIMORE MD Douglas H Rose President John W Hanson Secretary Home Office 8 and 10 South Street Baltimore Md Coke S Davis Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 100000 00 Amount of ledger assets as per balance December 31 of previous year 3213286 34 Extended at IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 23170 for first years reinsurance 7 Total first years premiums on original policies 8 Dividends applied to purchase paidup additions and annuities 10 Consideration for original annuities in volving life contingencies 12 Total new premiums 13 Eenewal premiums without deduction for commissions or other expenses less 11 84282 for reinsurance on renewals 14 Dividends applied to pay renewal pre miums 18 Total renewal premiums 10 Total premium income 23 Gross interest on mortgage loans 24 Gross interest on collateral loans 25 Giross interest on bonds and dividends on stocks less 136580 accrued interest on bonds acquired during 1911 26 Cross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust com panies and banks 29 Interest on loans made to agents secured by renewals 3213280 34 22241 92 22241 92 1594 14 7724 44 262592 02 13978 47 I 1455 25 729 52 112947 08 18986 04 160 10 110 00 31560 50 276570 49 308130 99 522 ComptrollerGenerals Report 32 Gross rent from companys property in cluding 450000 for companys occu pancy of its own buildings 22995 47 33 Total gross interest and rents 34 From other sources viz Policies of reinsurance sur rendered 40 From agents balances previously charged off 41 Gross profit on sale or maturity of ledger assets viz Bonds 43 Total income 167383 46 4672 24 18 42 1331 76 481536 87 IIIDisbursements 1 For death claims less 150000 reinsur ance 11217415 additions 107288 total 1141 17 03 2 For matured endowments 5242000 ad ditions 104200 total 53462 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 Returned 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 ajplied to purchase paidup additions and annuities 14 18 10 20 21 24 25 26 Total paid policyholders Paid stockholders for interest or dividends Commissions to agents less commission on reinsurance First years premiums 948895 renewal premiums 1356473 annuities original 4602 total Commuted renewal commissions Compensation of vicepresident managers and agents not Paid by commission for services in obtaining new insurance Agency supervision and traveling expenses of supervisors except compensation for home office supervision Medical examiners fees 233300 inspection of risks 32216 total Salaries and all other compensation of officers directors trustees and home office employees Rent including 450000 for companys occupancy of its own buildings 107609 03 6729 72 974 58 52347 15 22 55 37017 57 13978 47 1591 1 I 280273 21 6000 00 23000 70 37 50 6964 55 2097 48 2655 16 21029 75 4541 50ComptrollerGenerals Report 523 28 29 30 31 32 33 34 38 45 17 Advertising 87074 printing and stationery 146051 postage telegraph telephone and express 147991 exchange 7843 total Legal expense not included in item 15 Furniture fixtures and safes Repairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and fees All other licenses fees and taxes viz Federal corpora tion tax 113619 State municipal and county licen ses 125424 municipal tax on premiums 34318 tax on capital stock 60638 total Other disbursements viz Fire insurance premiums 3000 library bureau 117643 appraisement ex penses 500 sundry expenses 164347 total Agents balances charged off Gross decrease by adjustment in book value of ledger assets viz Real estate 250000 bonds including 566543 for amortization of premium 566543 total 3889 59 600 00 38 50 4750 05 4134 10 2006 73 1498 00 3339 39 2854 90 250 01 8165 43 48 Total disbursements 378226 75 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on Teal estate first liens 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes and loans on policies in force of which 183285 is for first years premiums 6 Book value of bonds 232002334 and stocks 8913742 total 7 Cash in companys office 2605 90 8 Deposits in trust companies and banks not on interest 47677 11 247500 00 227350 00 344487 00 18632 55 2409160 70 Total 10 Agents balances debit 558034 credit 76795 net 481239 The credit balance of 76795 includes 15767 ledger or liabilities other than agents credit balances total 11 Deposit with Baltimore Equitable Society 20000 open accounts judgments and suspended accounts 13 99825 Conv Corns 3750 interest in default 13500 total 0283 01 4812 39 14370 75 12 Total ledger assets 3316596 46524 ComptrollerGenerals Report 13 14 16 20 21 23 NonLedger Assets Interest due 5400 ami accrued 3 42691 on mortgages Interest accrued on bonds Interest due 160379 and accrued 522433 on premiums notes policy loans or liens Rents due on companys property or Lease 3480 91 15052 98 6828 L2 16 117 26 Total interest and rents due and accrued 25378 68 Market value not including interest in item 14 of bonds and stocks over book value 21780 74 New Business Renewals Gross premiums due and unreported on policies in force December 31 1911 less reinsurance pre miums 15 IMi 21550 51 Gross deferred premiums on policies in force Decem ber 31 1911 less rein surance premiums 819 72 17 722 43 28 29 3 38 41 43 Totals 835 68 Deduct loading 230 35 39272 94 10288 00 Net amount of uncollected and deferred premiums 605 33 28984 94 29590 27 Gross assets 3397346 15 Deduct Assets Not Admitted Commuted commissions 3750 agents debit balances gross 558034 total 5617 84 Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 453 31 Hook value of ledger assets over market value viz Open accounts judgments and suspended accounts 13 998 25 Total 20069 40 46 Admitted assets f 3 377 276 75 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31st day of December 1911 as computed byComptrollerGenerals Report 525 the insurance department of Maryland on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on town ness written prior to January 1 1903 2157 997 6 Same for reversionary additions ibi 2171185 00 Total 2 merican Experience table at 3 per cent on business written subsequent OM 77091 30 to January 1 1903 Same for reversionary additions 00 583713 52 Total 5 Net present value of annuities including those in reduction of premiums viz Actuaries tables at 4 for issues prior to January 1 1903 yy48 American Experience table at for issues subsequent to January 1 1901 30034 D 45982 64 Total 2800881 16 6 Deduct net Value of risks of this company reinsured in other solvent companies 2739373 10 8 Net reserve M 10 Liability on policies cancelled and not included in net reserve upon which a surender value may be de manded 11 Claims for death losses due and unpaid awaiting release i Claims for death losses incurred for which no proofs have been received V 14 Claims for matured endowments due and unpaid unclaimed 11402 62 17 Total policy claims V 20 Premiums paid in advance including surrender values so applied 10110 91 Unearned interest and rent paid in advance o2 Commissions due to agents on premium notes when paid 23 Commissions to agents due or accrued less agents credit balances etc 76795 deducted from agents aa ffa pvnenses bills and accounts due 25 Salaries rents office expenses miu Q or accrued 274 00 26 Medical examiners fees 526 ComptrollerGenerals Eeport 27 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement oan no 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and de ferred premiums 991 u 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise dividends due in first part of 1912 may be regarded as apportioned but they are not a liability as they are contingent on payment of premiums 2 439 33 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 255812 83 44 Capital stock 100000 00 4o Unassigned funds surplus 51 727 05 46 Total T 3377271 75 Business in the State of Georgia During the Year n Amount U Policies on the lives of citizens of said State in force December 31 of previous year f28 709 104 00 18 Policies on the lives of citizens of said State issued during the year 141 19499 0 19 Total 609 904 094 M 20 Deduct ceased to bo i force luring the year 57 7916a m 21 Policies in force December 31 612 844931 00 t No Amount Losses and claims unpaid December 31 of pre vio 1 750 00 23 Losses and claims incurred during year 5 7 nnn no 24 Total UUU uo or T 7750 00 io Losses and claims settled during the year in cash 5 7707 15 26 Losses and claims unpaid December 31 i 27 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commis sions or other expenses 26 577 IKCompteolleeGeneeals Repoet 527 MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF SPRINGFIELD MASSACHUSETTS W W McClench President Wheeler H Hall Secretary Home Office 500 Main Street Springfield Massachusetts William T Harty Savannah Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 58124366 96 58124366 90 4 Extended at v IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses V 23836 40 7 Total first years premiums on original 1123836 40 policies p 8 Dividends applied to purchase paidup ad t i 99 094 70 ditions and annuities 11 Consideration for supplementary contracts involving life contingencies 2970 00 1225831 10 2 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 11040311 for reinsurance on re newals 7136330 87 14 Dividends applied to pay renewal pre 1204727 00 miums 8341057 87 18 Total renewal premiums 9566888 97 19 Total premium income v 20 Consideration for supplementary contracts not involving lZOYU 1U life contingencies V1 915 707 80 21 Dividends left with the company to accumulate at interest 21370 u 23 Gross interest on mortgage loans 1056376 66 25 Gross interest on bonds and dividends on stocks less 1390767 accrued interest on bonds acquired during 1911 1159727 83 26 Gross interest on premium notes policy loans or liens 523056 14 27 Gross interest on deposits in trust com 19304 ao panies and banks 528 ComptrollerGenerals Report 28 Gross interest on other debts due the company viz Included in cost to change policies from one kind to an other 526820 in connection with revival of policies 89236 5th and 6th dividends on Mt Hope cemetery stock 100000 sundry items 28722 less discount on premiums paid in ad vance 388978 total 31 Gross discount on claims paid in advance 32 Gtoss rent from companys property in cluding 4000000 for companys occu pancy of its own buildings 3558 00 615 64 73 33 Total gross interest and rents 35 Commissions on mortgage loans in excess of loan agency expenses 36 Protest fees 37 Sale of real estate 38 Sixth dividend Capital Nat Bank Cuth rie Okla 39 Foreclosure expenses previously charged off 8339 34 7 58 1000 00 50 306 18 Total 41 Gross profit on sale or maturity of ledger assets viz Real estate 150825 bonds 16935 total 42 Cross increase by adjustment in book value of ledger assets viz Bonds including 1151984 for accrual of discount 2836416 40 9653 in 1677 60 1 1519 84 I Total income 12765134 31 IIIDisbursements 1 For death claims less 6600010 reinsur ance 256014004 additions 18 2100 2578350 M 2 For matured endowments 29529500 additions 799100 303 286 00 xt amount paid for losses and matured endowmentss 5 Premium notes and liens voided by lapse less 24 59319 restorations 6 Surrender values paid in cash or applied in liquidation of loans or notes 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 2SSI636 ill 33630 77 925673 73 222038 50 1204727 00 ComptrollerGenerals Report 529 12 Dividends applied to purchase paidup additions and 13 DivTaendsleft with companV to accumulate at interest 213707 80 14 Total paid policyholders Vl 15 Expense of investigation and settlement of pohcy claims including 65463 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 11ocVoa 1 Commissions to agents First years premiums 44686128 renewal premiums 48109486 21 Compensation of managers and agents not paid by con minion 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 7520596 inspection of risks 25 SaltrtrtS ail other compensation of officers directors trustees and home office employees 26 Rent including 4000000 for companys occupancy ot 5Q its own buildings less 096 received under sublease 92422 27 Advertising 1035743 printing and statumery 49 94837 postage telegraph telephone and express W 89384 exchange 51418 621 2g 28 Legal expense not included in item 15 2g 29 Furniture fixtures and safes 26070 45 30 Repairs and expenses other than taxes on 08 31 Taxes on real estate 109212 43 32 State taxes on premiums 13436 97 33 Insurance department licenses and fees 341 ther licenses fees and taxes Federal corporation tax 3356248 city licenses 286202 city premium taxes 11776 city and county personal taxes 18588 exercise taxes 4533391 miscellaneous 38186 38 Other disbursements Home office and agency travehng 7 837 49 surety bonds and publications 584 u J at light and repairs 144832 shipping suppli and ianitor service 64565 miscellaneous 642808 Emissions on bonds purchased 25000 protart ees 1700 excess of indebtedness over cash value ot a surrendered policy 725 7 48 Total disbursements 7696068 29530 ComptrollerGenerals Report IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes on policies in force 6 Hok value of bonds 2752476381and stocks555 23916038 60 8615378 30 904956 69 22455 7 Cash in companys office i i0 8 Deposits in trust companies and hanks not on interest 7 gr 9 Deposits in trust companies and banks on interest 568000 66 28079988 36 Total 11 Total ledger assets 646071 i 63193432 98 NonLedger Assets 13 tnterest due 403010 and accrued 360 34090 on mortgages 14 Interest accrued 41535546onbonds Hl 16 Interest due 1747413 and accrued 15444749 on premium notes policy loans or liens 19 Bank deposits 20 Rols accn 16666 companyspropertyorlease 21 Total interest ami rents due and accrued 415355 46 171921 62 284 50 166 66 952099 24 25 iross premiums due and unreported on policies in force December 31 New Business Renewals 1911 26 iross deferred premiums oil policies in force December 31 19 i KS779 63 470929 93 106651 97 895995 li 27 Totals 28 Deduct loading 2 9 III 120431 60 1366925 08 28783 15 326695 00 29 Not amount of uncollected and deferred premiums 91its i 1040230 00 1131878 45 35 Gross assets 05277410 67ComptrollerGenerals Eeport 531 Deduct Assets not Admitted 45 Bonds and stocks 546758 3j 46 Admitted assets 64730642 31 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on policies issued prior to January 1 1901 34859508 00 Same for reversionary additions 397415 00 Total 35256923 10 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 16549965 00 Same for reversionary additions 219088 00 Total 16769053 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 5220148 00 Same for reversionary additions 335914 00 m 5556062 00 Total 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz Actuaries table 4 per cent interest 17948 00 American Experience table and 3U per cent interest 100S 00 American Experience table and 3 per cent 8166 00 36117 00 interest Tota 57618155 00 6 Deduct net value of risks of this company reinsured in other solvent companies 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by Da lo Jo i the company 532 ComptrollerGenerals Report 12 Claims for death losses in process of ad justment or adjusted and not due 5000 00 13 Claims for death losses incurred for which no proofs have been received 108367 00 14 Claims for matured endowments due and unpaid 47 00 15 Claims for death losses and other policy claims resisted by the company 10455 14 17 Total policy claims 184009 14 19 Dividends left with the company to accumulate at interest and accrued interest thereon 1 003 911 07 20 Premiums paid in advance including surrender values so applied 52091 01 21 Unearned interest and rent paid in advance Kin 83 25 Salaries rents office expenses bills and accounts due or accrued irK3 20 21 Medical examiners fees 19 618 50 27 Estimated amount hereafter payable for fedora state and other taxes based upon the business of the year of this statement 1 s772 73 31 Dividends or other protits due policyholders including those contingent on payment of outstanding and deferred premiums 86107 2 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums in otherwise 795 899 4j 38 Reserved for death losses of Hill notices of which were received in 1912 prior to the completion of this state ment 7j46 IM 43 Ttal 59709550 6 45 Tnassigned funds 5 020 991 67 4 Tr 64731642 31 Business in the State of Georgia During the Year No Amount Policies on lives of citizens of said State in force December 31 id previous year 4173 8 660 965 61 Policies on the lives of citizens of said State issued during the year 4o 992950 00 Tot1 4603 9653915 00 Deduct ceased to be in force during the year 162 439 432 00 Policies in force December 31 4441 9 214 483 99ComptrollerGenerals Report 533 No Amount Losses Bnd claims unpaid December 31 of previous year 41 93H4 00 Losses and claims incurred during year 46 98513 00 Total 43 95912 00 Losses and claims settled during the year oi 3 it 2601 00 Losses and claims unpaid December 31 Amount of premiums collected or secured in Georgia during the year m cash Ind notes or credits without any deduction for losses dividends com missions or other expenses 32826423 METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK N Y n f James S Roberts Secretary John R Hegerman President me Home Office 1 Madison Avenue New York City JN X Alexander W Smith Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 2000000 00 Amount of not or ledger assets December 31 of previous year 4 Extended at 305692726 65 305692726 65 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 111063 for tot years reinsurance r 6 Surrender values applied to pay first years premiums 7 Total first years premiums on ongi nal policies 8 Dividends applied to purchase paidup addi tions and annuities 10 Consideration for original annuities involv ing life contingencies 5238496 21 177570 29 47797 27 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for commissions or other expenses less 14 76654 for reinsurance on renewals 23919007 ot 546386 77 534 ComptrollerGenerals Report 14 Dividends applied to pay renewal prem iums 1602796 09 10 Surrender values applied to pay renewal Premhms 50765 02 J8 Total renewal premiums 2o572568 67 19 Total premium income 7n 20 Consideration for supplementary coniracte not ving M32 life contingencies Suspense unclaimed checks etc ff t Ordinary income 22 Ledger assets other than premiums Ve 31054397 63 ceived from other companies for assum ing their risks to on on n V 00202 I 5 43 Gross interest on mortgage loans less 34188 accrued interest on mortgages acquired during 1911 7 124 m s 25 Gross interest on bonds and dividends on stocks less 18483888 accrued interest on bonds acquired during 1911 6119 735 47 26 Gross interest on premium notes policy loans or liens AO 659508 41 27 Gross interest on deposits in trust com panics and banks m474 gg 28 Gross interest on other debts due the com pany Interest superintendents bank acc0lnts 4 109 58 30 Interest on deferred payments io s 31 Gross discount on claims paid in advance H 18 32 dross rent from companys property includ ing 72713466 for companys occupancy of its own buildings 1490265 15 33 Total gross interest and rents 35 Dividends suspended banks 15513887 69 36 Liquidation of unlisted assets 37 Arrears from property previously sold 38 Deposit account bond and mortgage interest and rente 951n 39 Industrial premiums and other income 51366 799 97 41 Gross profit on sale or maturity of ledger assets Viz Bonds socks i 42 Gross increase by adjustment in book value of ledger assets viz Bonds lo714076 11 43 Total income 98135273 71ComptrollerGenerals Eeport 535 IIIDisbursements J For death claims 558172991 oddi tions 1140500 5593134 91 matured endowments 122669809 47fi4nno 1234338 09 additions rf640 00 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 v To pay renewal premiums To pay industrial premiums 6827473 00 129691 30 1972672 57 6551 46 5449 36 50221 88 Total 9 Dividends paid to holic yholders in cash or applied in liqui 10 Dividends applied to pay renewal premiums Dividends applied to purchase paidup additions annuities Sick benefits on assumed policies 62222 70 73999 14 1602796 09 12 Hid 14 Total paid policyholders 15 Expense of investigation and settlement of policy claims including 1192517 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 151479241 renewal premiums 168444565 annuities original 200451 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 22 Agency supervision and traveling expenses of superiors 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 44327589 inspection ol risks 1949173 25 Salaries and all other compensation of onVrrs directors trustees and home office employeesI o6 Rent including 22377956 600 to ordinary 2231796 to industrial for companys occupancy of its own buildings lo 27 Advertising 2681320 printing and statonery 12 10195 postage telegraph telephone and express 108 15352 exchange 562294 28 Legal expense not included in item 15 29 Furniture fixtures and safes 177570 29 5 00 10846430 09 11925 17 11877 61 3201242 57 10069 22 51369 78 1 118 45 462767 62 1252740 18 270491 33 267691 61 13192 03 3351 28536 ComptrollerGeneral s Report 30 31 32 33 35 36 37 38 Repairs and expenses other than taxes on real estate Taxes on real estate State taxes on premiums Insurance department licenses and tees Federal corporation tax Municipal licenses 294672 agents licenses1176855 customs tax 60992 all other 46381 Personal property tax 248403 mortgage tax 85750 Other disbursements Sick disabled and inactive agents and clerks 214500 Metropolitan Staff Savings Fund 2029803 total for health and welfare work Legislative expense 453592 Association of Life Insur ance Presidents exclusive of amount charged to legisla tive expense 454590 luncheon for home office em ployees 3500756 examination by department and public accountants 200635 expenses in connection with annual election 1926728 consideration for busi ness assumed from other companies 833055 adjust meat of superintendents accounts 2096229 agents shortage 123155 home office expense 2570745 454185 t 252363 99 307559 50 90 00 14113 57 15780 Oil 3341 53 22443 03 121584 85 Ordinary disbursements Deposit account interest and rents returned 7200323 miscellaneous interest payments 1773457 44 Disbursements of industrial branch 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 Bonds 16989146 89 89737 80 41418115 in 534 74 746032 15 72238 14 48 Total disbursements 60025605 77 I V Ledger Assets 1 Book value of real estate 23746237 24 2 Mortgage loans on real esato 146343053 SO I Loans made to policyholders on this companys policies assigned as collateral I 15793628 01 Premium notes on policies in force 1019 59 6 Book value of bonds 14404645431 and stocks 8386 63898 153433003 29 sl1 ln companys office 79139 52 8 Deposits in trust companies and hanks not on interest 9 Deposits in trust companies and banks on interest 49609 77 3984645 34 Total 10 Agents balances 77 4113394 30382 64ComptrollerGenerals Report 537 11 Cash in transit 20887627 renting section inventory 3724442 advanced to superintendents and assistants to facilitate payment of death claims 1512500 fire insurance premium advanced esecured 29730 Union Trust Co Providence R I contingent certificate 48036 12 Total ledger assets 322023 35 343802304 59 NonLedger Assets 13 Interest due 4754883 and accrued 1 82246457 on mortgages 1870013 40 14 Interest due 545066 and accrued 2 13796311 on bonds 2143413 77 10 Accrued 39991860 on premium notes policy loans or liens 399918 60 20 Rents due 589997 and accrued 1640402 on company a property or lease 22303 99 21 Total interest and rents due and accrued 4435649 7 New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1911 92368 96 1365862 98 26 dross deferred premiums on policies in force December 31 1911 915742 01 5110823 66 7 Totals 1008110 97 6476686 64 as Deduct loading 201622 19 1295337 33 29 Net amount of uncollec ted and deferred prem iums 800488 78 5181349 31 30 All other assets Net due and unreported industrial 11 mums 31 Installments on supplementary contracts due in 1912 paid in 1911 35 Gross assets Deduct Assets not Admitted 38 Agents debit balances 41 Premium notes and loans on policies and net premiums ill item 29 in excess of the ae1 value of their policies 43 Book value of ledger assets over market value viz Bonds not subject to amortization Stocks 5987838 09 8047 1 1425 00 355031932 54 30382 04 274951 20 1288102 58 614880 98538 ComptrollerGenerals Beport 44 Uniting section inventory 45 Union Trust Go contingent certificate f tl 4JS0 3b Total 46 Admitted assets 2246042 18 52785890 36 VLiabilities Surplus and Other funds Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on all issues up to January 1 1901 except as stated MJU A 32053622 Oil hame for reversionary additions 86 889 00 1A Actuaries table doubled at 4 per cent on all special class policies from January 1 1901 ourn 462188 00 bame for reversionary additions 141127 00 Total 2 American Experience table ai3 per cent 32743826 00 on all issues fr January I tool to January I 1912 except as stated below 85232 756 00 Same for reversionary addits 27l36 00 Total 3 American Experience table doubled at S Sv1MiiL per cent on all issues Special class policies from January 1 1901 to January Q J907 1645760 00 Same tor reversionary addits 229018 00 Total 4 Other tables and rates viz S747S IMI Intermediate table 3 per cent from Ian s U 7 12120621 00 Special class table 31 p 1 1907 0 1767005 00 Standard table per cent from Jan 1 19H7 71 00 Total 5 Net present value of annuities including 1WS77 those in reduction of premiums Give tables and rates of interest viz Actuaries table at percent 82248 00ComptrollerGeneral s Eeport 539 American table at 3 per cent McClintocks table at 3 percent 470585 00 394992 00 947825 00 Total 134964818 00 6 Deduct net value of risks of this company reinsured in 117617 00 other solvent companies 8 Net reserve 134847201 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 10 Liability on policies cancelled and not included in net reservef upon which a surrender value may be demanded 12 Claims for death losses in process of adjustment or od justed and not due 13 Claims for death losses incurred which have been reported and no proofs received 14 Claims for matured endowments due and unpaid 15 Claims for death losses and other policy claims resisted by the company 17 Total policy claims 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 li Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 5335371 and legal fees 19600 due or accrued 7 Reserve for estimated amount hereafter payable for fed eral state and other taxes upon the business of the year of this statement 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and defer red premiums 3 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1912 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 128715 00 123945 06 135379 00 283074 09 11648 00 86561 00 516662 09 1492 94 126511 28 47540 08 30315 40 14651 58 58549 71 499433 45 119660 17 1579235 42 16808 81 355677 34540 ComptrollerGenerals Report 36 To cover death claims of whirl the company had no knowledge December 31 42 Unclaimed checks etc 1462292 deposit accountbond and mortgage interest and rent 37216 nfi 43 Industrial liabilities surplus and other fuuls 207159 592 08 4o Unaligned funds ioJoi OS 7075825 43 Total 3o2785890 36 Business in the State of Georgia During the Year Policies on the lives of citizens of said State in force December 31 of previous year 6630 7 PoMcieson the livM of citizens of said State issued 31713 00 dUring th 092 2i66736 00 Total 7Z I Deduct ceased to be in forceduring the year 2 fSS S Policies in force December 3 TT Losses and claims unpaid December 31 of previous Amount year Losses and claims incurred during year 96 JJJJ JJ Total 1ni r 104 it Ki on Losses and churns settled during the vear Losses and claims unpaid December 31 10 T Amount of premiums collected or secured in Georgia luring the year in Lsh I notes or credits without any dedion for losses divided Z missions or other expenses j g Dividends allowed included in gross premiums received 10318 67 T y I in cash or notes 271 JJ Consideration received for Annuities I i premiums MERIDIAN LIFE INSURANCE COMPANY OF INDIANAPOLIS IND Arthur Jordan Preside Ths Pnncapal Office Meridian Life Hldg Indianapolis todiana L E Willelm Attorney for Bervice in Georgia TCapital Stock 1 Amount of capital stock paid up in cash 200000 00 ComptrollerGenerals Report 541 Amount of net ledger assets December 31 of previous year Extended at 1653213 26 1653213 26 11Income During the Year 1 Cash received for premiums on new policies without deductions for commissions or other expanses li Casih received for renewal premiums without deductions for commissions or other expenses 3 From dividends applied to pay running premiums 174385 38 295549 01 11700 06 Total 481634 45 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 384580 renewals 327722 123 02 7 Total premium income 8 Cash received for interest on mortgage loans 10 Cash received for interest on premium notes loans or Liens 13 Cash received for rents for use of company s property including 480000 for company s own occupancy 14 Cash received for profits on sales of bonds or stocks 15 Ledger assets other than premiums re eeived from other reinsuring their risks 6 From dividends left with company to accumulate at interest 18 Consideration for supplementary contracts not involving We contingencies 19 From all other sources viz Attorneys Fees collected 474511 43 41941 40 32942 35 22457 96 6749 73 44 00 6416 03 242 92 510 00 Total income 587996 82 TjxDisbursements for the Tear 60895 57 1 Cash paid for death claims including rovisionary additions Total Total net 60895 57 amount actually paid for losses and matured endowments ium notes loans or liens used m purchase of sur 9 Prem rendered policies 10 Cash dividends paid polieyhoklers 11 Cash dividends applied to pay running premiums 60895 57 2397 38 1725 55 11700 06542 CompteollebGenebals Bepobt 13 Surrender values paid in cash and by cancellation of indebtedness Total paid policyholders 16 Cash paid stockholders for interest on dividends 17 Cash paid tor commissions and bonuses to agents less commission on reinsurance new policies 135645 35 renewals 777201 8 aAgePntd Saii0S all0anc to managersand 19 Cash paid for medical examiners fees 1433225 inspection of risks 213305 20 Cash paid for salaries and all other compensationof officers and other home office employees 21 Cash paid for taxes on new premiums 22 Cash paid for Taxes 23 Cash paid for insurance departmentfees and agenis licenses i Cash paad for rent including 480000 companys occu pancy 25 Cash paid for agency supervision tracing and all other agency expense 26 Cash paid for building expense interestonloanshome Office building and interest on dividends deposited 7 ash pad for Advertising r00768 printing 3247 72 postage telegraph telephone and exchange 2004 33 Ag lis charff 204591 for legal expenses 275955 29 Cash paid for the following items vizInsctionof loans investigating death claims Miscellaneous expense 37665 86 I 30 Total disbursements TVAssets as per Ledger Accounts s TOlue of real estate 1 Loans on mortgage first liens on real estate 4 hi m in eaf polieyholders on this companys policies assigned as collateral 5 Premium notes loans or liens o policiesin forceOf which 22710 was received luring the year lsi i company s office s Cash deposited in banks 10 Agents ledger balances Furniture and fixtures 114384 42 15101 40 143417 36 10420 19 16465 30 35401 52 3698 21 28b 32 2078 19 5863 50 8245 20 9331 74 6259 7i 4805 46 310 14 1097 17 379746 85 355661 l4 25889 23 628695 22 227 III 3539 37 33020 SI 6218 07 8212 19 13 Total net or ledger assets less depreciation 1861463 23ComptrollerGenerals Eeport 543 Other Assets 14 Interest due 277652 and accrued 12 22067 on Mortgages 14997 19 17 Interest on premiums notes loans or liens 15611 22 19 Rents due 22250 on companys property 222 50 or lease Total carried out 30830 91 New Business1 Renewals 23 Gross premiums dne and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 66465 07 54396 48 5206 52 Totals 25 Deducting loading 60 per cent on new and 20 per cent on re newals 66465 07 59603 00 39840 95 11920 00 26 Net amount of uncollee t e d and deferred 26 624 1 47682 40 premiums aaver Extended 74306 52 28 Total assets as per the books of the company 1970218 78 Items Not Admitted 8212 19 6240 83 3201 50 2 Furniture fixtures and safes 5 Agents balances gross 8 Supplies printed matter and stationery Total 17654 52 9 Total assets less items not admitted 1952564 VLiabilities 1 Net present value if all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and American Experience 3 per c ent 1413342 44 Jo44 ComptrollerGenerals Report Deduct net value of risks of this company reinsured in other solvent companies 5723 55 Net reinsurance reserve 1407 018 89 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 1 000 00 i Claims for death losses and other policy claims resisted by the company 2 941 17 Total policy claims 3 941 17 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 12 833 2 11 Amount of deferred and uncollected premiums in eicVss of net value of their policies 18 087 89 12 Amount of national state or other taxes due ll 80 13 Amount due on home office building and accrued interest 125468 75 14 Amount above legal requirements on double indemnity policies 0 507 50 15 Present value of amounts not yet due on supplementary eontmcts 2423 92 16 Amount of any other liability of the company viz Premiums paid in advance and interest and rents paid in advance 3 079 59 Commission due agents salaries rente and accounts due medical examination tees reinsurance premiums and inspection fees 3 933 03 17 Liabilities on policyholders account Minti w 18 Gross surplus on policyholders account Wll2 42 19 Total liabilities n 1970218 78 VIPremium Note Account 1 Premiums notes loans or liens on hand December 31 or previous year 325 us 2 Premium notes loans or lieis received faring the year on new policies 300 66 Total Deductions during the year as follows Amount voided by lapse g 397 38 Amount redeemed by maker in cash 934 le Total reduction Of premium note account 3 33j M Balance note assets at d of the year T Z Sjllli m 01 jii ComptrollerGenerals Beport 545 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 3 of previous year Number and amount of policies on the lives of i izens of Georgia issued during the year62o ll4rfai ou 1769 3309926 00 Total imMll and amount which have ceased to be in force during the year 4U ber of policies in force in Georgia December 31 1911 No Amount Anmuiit of losses aad claims on policies in Georgia incurred during the year 6 7500 00 Total Amount of losses and claims on policies in Georgia paid during the year Amount of losses and claims on policies in Georgia unpaid muunt of premiums collected or secured In Qia during the year in cash and credits without any deduction for loss dividends com missions or other expenses TotaJ 61241 51 MICHIGAN MUTUAL LIFE INSURANCE COMPANY OF DETROIT MICHIGAN A Moore Secretary o R Iker President principa office 150 Jefferson Ave Detroit Michigan George I Crandall Attorney for Service in Georgia I Capital Stock 1 Amount of capital stock paid up in ash I 250 00 oPrevious year Extended at nIncome During the Sear I Cash received for premiums on new policies without deductions for commissions or other expenses 154797 97546 ComptrollerGenerals Eeport 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 premium 3 From dividends applied to pay running premiums 3 From dividends applied to purchase paid up additions and annuities 4 Prom surrender values applied to pay run ning premiums 117455b 05 116572 20 8261 36 5224 23 104 08 Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 4003 73 renewals 1736057 1459516 49 22024 33 7 Total premium income 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 noloans orliens 11 Cash received for interest on other debts dut 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 estete 1850 all other 1634 16 Dividends and surrender valuesonreinsurance 19 Prom all other sources viz Consideration tor supplement tary contracts not including life contingencies Total 1437492 16 477879 18 1500 00 91186 80 3990 04 151 04 1705 41 34 74 2915 95 4925 09 2021841 01 HIDisbursements for the year 1 Cash paid for death claims including revisionary additions 640801 62 3 Cash paid for matured endowments and ad ditions thereto 4 5 Cash paid for sums falling due during the year on installment policies 0 277 no t 1119OHO M Total 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 5000 00 7 Total net amount actually paid for losses and matured endowments 1114636 94ComptrollerGenerals Report 547 4 759 59 8 Interest payments on policy claims 9 Premium notes loans or liens used in purchase of sur rendered policies voided by lapse 64 371 11 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paidup addons and annuities 298215 36 13 Surrender values paid in cash 104 68 14 Surrender values applied to pay running premiums 1496242 20 Total paid policyholders 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 9949249 renewals 7532057 18 Cash paid for salaries and allowances to managers and 19 CasTpid formedkalexamners 1390217 inspec tion of risks 272268 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 286651 on re newals 1837063 22 Cash paid for taxes on surplus 1587173 on investments 1 761 54 federal corporation tax l3b9ZZ 23 Cash paid for insurance department fees d agents licenses 247144 municipal licenses 105428 4 Cash paid for rent 9 179 si 25 Cash paid for commuting commission investment expenses 2172 51 26 Cash paid for furniture fixtures and safes for home and 27 CasfpTid foradvertising 427360 printing 634042 postage 584777 exchange 70081 28 Cash paid for real estate expenses other than taxes 1 257 00 for legal expenses 786306 09 Cash paid for the following items viz Printing Mortgage schedules 28300 all other 531762 Deposit returned 150000 loss on real estate sales 1024852 424746 71 Total miscellaneous expenses 1920988 91 30 Total disbursements IVAssets as per Ledger Accounts 1 Book value of real estate exclusive of all inenmbrances 100 404 31 2 Loans on mortgage first liens on real estate 9b 3 Loans by pledge of bonds stocks or other marketable collaterals 548 ComptrollerGenerals Report 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policiesin force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents Ledger balances Cash deposited resisted death claimpolicy No 19886B 11 Total net or ledger assets 1599976 96 68690 78 25000 00 31698 39 192007 59 5671 90 600 00 11370122 48 Other Assets 14 Interest clue 1122796 and accrued 125 58855 on mortgages 15 Interest accrued 25000 onbonds and stocks 16 Interest accrued 137 on collateralloans 1 Interest due 836768 and accrued 13 9908 on premiums notes loans or liens accrued 3217 on companys prop erty or lease 19 Rents 136816 11 250 00 1 37 2240 76 32 17 Total carried out 20 Market value of real estate overcost 159446 81 4377 20 2 dross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 19H New Business 1 19673 01 6883 02 Renewals 477Mi iir 85317 55 Totals 25 Deducting loading 26556 06 11346 88 133023 60 24294 54 26 Net amount of uncollec t e d and deferred ExST 52018 29 06 28 Total assets Items Not Admitted 5 Agents balances debit 9 Total assets 123938 24 11657884 73 5701 60 11652183 13ComptrollerGenerals Report 549 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest 102570o 15 Deduct net value of risks of this company reinsured in other solvent companies W 10354655 15 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 death losses for which no proofs have been 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 matured installment policies 115975 36 Total policy claims 10 Amount of all unpaid dividends of surplus or other descnp tion of profits due policyholders 12 Amount of national state or other taxes due 3 Amount due on account of salaries rents and offibo expenses 493 63 14 Deposit account W V ount of any other liability of the company viz Premiums paid in advance 761984 interest paid m gg advance 2910754 J t 10842027 18 17 Liabilities on policyholders account SI0 155 95 S Gross surplus on policyholders account L 11652183 13 19 Total liabilities VTPremium Note Account 1 Premiums notes loans or liens on hand December 31 or previous year 2 Premium notes loans or liens received dur ing the year on old policiesLI0 188678 77 Total Deductions during the year as follows Amount used in purchase of surrendered policies 550 ComptrollerGenerals Repobt Amount voided by lapse 04 93 Amount redeemed by maker in cash 114986 71 Total reduction of premium note account ll9 987 9 Bali6 0 iHStls lt l of the year 669078 Business in the State of Georgia During the Year Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year Number and amount of policies on ihe lives of W 86 citizens of Georgia issued during the year 211 543040 66 Total LMT 7 r Z7T Deduct number and amount which have ceased t7 be m frCe durin y 213 578137 is Total number and amount of policies in force in Georgia December 31 1911 4 s No Amount Amount ot losses and claims on policies in Georgia iaed during the year 1 7g Total 7 7T7 Alnt f losses and claims on policiesin Georgia 963 paid during the year in AmOTB1 lhs I or securedinorgia during the year in Jh and notes or credits withoul any deduction for losses dividends missions or other expenses Cash 48352 48 notes or credits 6 77505 Total 5512753 MISSOURI STATE LIFE INSURANCE CO OF ST LOUIS MO EdlTd Mls l If V Donnelly Asst Secretary lnn1 0fflce Fourth oor Chemical Bldg St Louis Missouri Insurance Commissioner Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid nP 3001 Amount of net ledger assets December I I vear Extended at 2481736 78 ComptrollerGenerals Report 551 IIIncome During the Year 1 Cash received tor premiums on new policies without deductions for commissions or 285927 4t other expenses 1 Casih received for renewal premiums without deductions for commissions or 7 t 891 o 14 other expenses 3 Prom dividends applied to pay running 5975 4 premiums 3 From dividends applied to purchase paid up 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 1044 45 5 Consideration for supplementary contracts involving life contingencies Total 107431557 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 304525 renewals 1295088 1058309 53 7 Total premium income l6 821 30 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 3 Cash received for interest on other debts due the company 87JJ 80 17 Premiunm notes loans or liens restored by revival of policies 12500 40 18 From agents balances previously charged oft 19 From all other sources viz Consideration for supplemen tary contracts not involving life contingencies 4 581 00 dividends left with company to accumulate at interest 110289 profit on investments 25775 sur rendered total disability benefits 51180 pensions cm health and accident riders to life policies 3520 28 accident dept income 1609217 from sale of dept 600000 1275122 17 Total income IIDisbursements for the ear 1 flash naid for death claims including 1 Casn paw 266003 94 revisionarv additions r 3 Cash paid for matured endowments and ad ditions thereto 274637 74 Total p552 ComptbollebGenebals R 6 Dedud amounl received from other com panies for Josses or claims on policies of this company KPORT 15553 57 7 Total net amount actually paid for losses ana mured endowments 8 lash paid to annuitants 8 For claims under health and accidentriders to life policies Premium notes Joans or lienSsedinpurcnase ofs rendered policies 10 Cash dividends paid polieyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paid up additions and annuities 12 Dividends left with company io accumulateatinresi 1 d Surrender values paid in easli 14 Surrender values applied to pay runnigpremiums 15 Surrender values applied to pnrchase paid up insurance and annuities Total paid polieyholders Hi Cash paid stockholders for interest on dividends 1 Cash paid for commission and bonuses to agents less commission on reinsurance new policies 188570 59 renewals 361195 on accident riders 41327 mi health riders 20353 IS Cash paid for salaries and allowances tomanagarsand agents and for agency supervision 19 Cash paid for iia examiners fees 1902150 in spection of risks 6565 31 20 sl1 fw salaries and all other lensationof officers and other home office employees 21 Cash paid for taxes on new premiums 22 Cash paid for state licenses and taxes other thnnon premiums 162164 federal taxes 38110 23 Cash paid for insurance department fees and Bffenta licenses 471322 municipal license and taxes 5 24 Cash paid for rent 25 Cash paid for commuting commissions 26 Cash paid for furniture fixtures and Bafesfor homeand agency offices 27 Cash paid for advertising 222918 printing 89028 postage telegraph and express 6009 50 28 Cash paid for real estate expenses other than taxes 29 Cash paid for the following items viz Investment ex penses 106904 collection of premiums 1094 37 259084 1 378 20 5 HI 11S 11961 51 2121 39 5975 74 906 03 1102 89 73113 49 858 8i 1044 45 357073 8Q 30000 00 225300 90 17274 ill 25586 81 45824 titi 11522 79 2002 74 10478 13 13111 50 1871 ill 2151 77 17128 96 3590 25 21 33 41ComptrollerGeneral s Report 553 For claims on supplementary contracts not involving life contingencies For dividends and interest thereon held on deposit sur rendered during the year Incidental office expenses 142584 accident department 2366915 Agents balances charged off Exchange i 370 95 154 23 25094 99 13223 75 793 99 30 Total disbursements IVAssets as per Ledger Accounts 2 Loans on mortgages first liens on real estatej 4 Loans made in cash to policyholders on this companys policies 5 Premium notes loans or liens on policies in force 6 Cost value of bonds owned excluding accrued interest at time of purchase 7 Cash in company a office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances of which 369473 was advanced during the year 804741 49 2038532 81 650384 40 21914 32 27790 00 11586 81 145503 36 6325 70 50080 06 11 Total not or ledger assets Other Assets 14 Interest duo 1765004 and accrued 79 07420 on mortgages 15 Interest accrued 36250 on bonds 17 Interest due 1734 and accrued 7703 581 on premiums notes loans or liens 18 Interest accrued 29133 on other assets 96724 24 362 50 7720 92 291 33 Total carried out New Business1 23 Gross premiums due and unrerported on policies in force December 31 1911 24 iross deferred premiums on policies in force December 31 1911 105098 99 43459 4369 66 Renewals 58710 93 55040 39 Totals 25 Deducting loading 3935 07 113751 32 2680 86 18776 98 26 Net amount of uncollec t e d and deferred premiums 1254 21 94 974 34554 ComptrollerGenekals Report Extended 55 27 i urwture fixtures and safes 10000 0Q 28 Total assets 77M Items Not Admitted 2 Furniture fixtures I safe 10 000 00 5 Agents debit balances 51477 84 7 Bills receivable g 8 Premhim notes and loans on policies and net premiums in item 26 in excess of their policies 10519 16 TtaI7 78322 70 9 Total assets 7125 VLiabilil ies 1 Net present value if all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and the American Experience Table of Mortality at per cent and 3 per cent 2402733 38 Deduct net value of risks of this company reinsured in other solvent companies 11090 00 Net reinsurance reserve 2mm 38 5 hums for death losses and matured en dowments in process of adjustment or adjusted and not due 24 585 00 6 Claims for death losses and other policy claims resisted by the company 8 453 71 6 Claims under health and accident riders to life policies 18 00 Total policy claims r n M056 i 1 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 7ti 15 11 Present value of amounts not yet due on supplementary contracts not involving life contingencies 10 129 70 12 Amount of national state or other taxes due or accrued 12782 26 13 Amount due on account of salaries rents and office expenses and medical examiners fees 3 243 53 14 Liability on policies collected and not included in net reserve on which a surrender value may be demanded 2 297 20 ComptrollerGenerals Report 555 15 Dividend left with company and interest thereon 142642 commission due to agents on premium notes when paid 1095 72 52214 16 Amount of any other liability of the company viz Premiums paid in advance 676264 unearned interest paid in advance 921651 dividends to policy holders payable in 1912 1678791 speical reserve for occupa tion extra premiums 64091 trust fund account trust fund dividend policies 3051453649 42 17 Liabilities on policyholders account 2ri t 18 Gross surplus on policyholders account m 3085122 30 19 Total liabilities VIPremium Note Account 1 Premiums notes loans or liens on hand December 31 or previous year 16431 23 2 Premium notes loans or liens received dur ing the year on new policies 164661 on old policies 66559 44 68206 05 3 Premium notes loans or liens restored by revival of policies 450574 89143 02 Total T Deductions during the year as follows Amount used in purchase of surrendered v I487 42 policies Amount voided by lapse 11969 50 Amount redeemed by maker in cash 53771 78 Total reduction of premium note account Balance note assets at end of the year 21914 32 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 268 44149 uu 670 1034893 00 Total Deduct number and amount which have ceased to be in force during the year 129 1120 U Total number and amount of policies in force in Georgia December 31 1911 541 813773 00556 ComptrollerGenerals Report Amount of losses and claims ok polities in gia unpaid December 31 of previous year Amount of losses and claims on policies in Georgia incurred during the year Total Amount of losses and claims on policies in Georgia paid during the year Amount of losses and claims on policies in Georgia 44 unpaid December 31 1911 1 Premiums collected or secured in Georgia during the Va n or credits without any deduction for losses dividends commissions or other expenses Total 2901023 MUTUAL BENEFIT LIFE INSURANCE COMPANY OF NEWARK N J Frederick Frelinghuysen President William Johnson Secretary Homo Office 750 Broad Street Newark J Clarence V Angier Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 132 878 349 14 4 Extended at 132878349 14 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 2568155 i Surrender values applied to pay first years premiums 4 383 ii 7 Total firsl years premiums on original policies j 1 T 4oi 2539 1 8 Dividends applied to purchase paidup additions and annuities 434 154 85 10 Consideration for original annuities in volving life contingencies 26651 46 11 Consideration for supplementary contracts involving ife contingencies 788 40 11 Total new premiums 3 034133 88 13 Renewal premiums in addition to items M 16 and 17 without deduction for coni issis li77 85ComptrollerGenerals Eeport 14 Dividends applied to pay renewal prem Aft OQ 211199 sy luins 15 Dividends applied to shorten the endow ment or premium paying period 376011 63 16 Surrender values applied to pay renewal 12000 2d premiums 17 Renewal premiums for deferred annuities U0 557 18 Total renewal premiums 17889145 13 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies J 23 Gross interest on mortgage loans llato M 24 Gross interest on collateral loans 4 ua 25 Gross interest on bonds and dividends on stock less 4388168 accrued interest on bonds acquired during 1911 1442940 96 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposit in trust com panies and banks 28 Gross interest on other debts duo the com pany Agents accounts 31 Gross discount on claims paid in advance 32 Gross rent from companys property 20923279 01 418749 27 29115 78 1098 39 222 22 97749 44 33 Total gross interest and rents 37 Agents over remittances i5 39 Exchange of coupon bonds for registered bonds of same issue 6364075 80 15488 52 1725 00 Total 41 Gross profit on sale or maturity of ledger assets vis Real estate 1211244 bonds 90000 total 42 Gross increase by adjustment in book value of ledger assets viz bonds 17213 52 13012 44 129955 63 43 Total income IIIDisbursements For death claims 648195376 additions 11173297 2 For matured ets 137178967 additions 10824800 3 Net amount paid for losses and matured endowments H 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse 27866285 67 8073724 40 165096 35 917 32558 ComptrollerGenerals Report 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums j 38321 to pay renewal premiums 1253623 16 919 44 9 Dividends paid to polieyholders in cash or applied in liquidation of loans or notes 83 686 6 10 Dividends applied to pay renewal premiums 2 111799 89 11 Dividends applied to shorten the endowment or premium paying period 376 011 53 12 Dividends applied to purchase paidup additions and anmtieS 43415485 14 Total paid polieyholders 74320822 3 15 Expense ot investigation and settlement of policy claims 734 38 16 Paid for claims on supplementary contracts not involving life contingencies 210848 26 19 Commissions to agents First years premiums 1065 63858 renewal premiums 113931212 annuities original 151329 renewal 27589 206 739 88 21 Compensation of managers and agents not paid by com mission for services in obtaining new insurance 1 066 50 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 56568 86 23 Agency expenses including salaries of managers and clerks not included in item 21 16 178 80 24 Medical examiners fees 15847300 inspection of risks 275968 161232 68 25 Salaries and all other compensation of officers directors trustees and home office employees 447 467 55 26 Rent including companys occupancy of its own buildings 69812 14 27 Advertising 2312156 printing and stationery 30 87119 postage telegraph telephone and express 5026178 exchange 18584 1 10fl H2 94 28 Legal expense not included in item 15 56179 66 29 Furniture fixtures and safes 3323 08 30 Repairs and expenses other than taxes on real estate 35051 04 31 Taxes on real estate 0 o 50403 55 btate taxes on premiums rn 00 T 233591 14 33 Insurance department licenses and fees 17717 34 All other licenses fees and taxes Federal corporation tax 439999 state county and municipal taxes 224 10646 county and municipal 816117 total 236 667 6 38 Other disbursements Expense of examination by New Jersey Insurance Department 15450 95 mortgage loan expense 4079747 heat and light 1177297 home office supplies 919540 home office repairs 859 99 restaurant 2002808 laundry and extra janitor services 198469 detective services 34000 special street lightComptrollerGeneral s Beport 559 ing assessment 25000 petty cash 126145 miscel laneous office expenses 117431 total 44 Loss on bond and mortgage property sold by trustee in bankruptcy 46 Gross loss on sale or maturity of ledger assets viz Real 47 Gross decrease by adjustment in book value of ledger assets viz Real estate 9973634 bonds 14707444 48 Total disbursements TVLedger Assets 103125 31 12977 82 12122 10 246810 78 18605554 36 2877819 03 1 Book value of real estate 2 Mortgage loans on real estate first liens 6929967511 other than first liens Vii i 99nnn 00 3 Loans secured by pledge of bonds stocks or other collateral 2250000 00 4 Loans made to policyholders on this company s policies assigned as collateral or secured by terms of policies 19986155 20 5 Premium notes on policies in force of which 247282 is for first years premiums 40396340 71 6 Book value of bond 7 Gash in companys office 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest Total 10 Agents balances 12 Total ledger asse 1452897 79 debit 1899746credit 498194 net 14015 52 142139080 45 NonLedger Assets 13 Interest due 723566 and accrued 1 61658693 on mortgages 1623822 59 54970 on bonds 610o49 70 14 Interest accrued 16 Interest due 11676030 and accrued 63848765 on premium notes policy 755247 95 loans or liens 2989620 24 SI Total interest and rents due and accrued 23 Market value of bonds and stocks over book value 339603 New Business Renewals 25 Gross premiums duo and unreported on policies in force December 31 1911 34935 75 827276 59560 Comptroller Genebals Report 26 Gross deferred premiums on policies in force December 31 1911 201774 77 1239764 31 27 Totals 236710 52 2067040 90 28 Deduct loading 20 47342 10 413408 18 29 Net amount of uncollected and deferred premiums 189368 42 1653632 72 35 Gross assets 1843001 14 147311304 95 Deduct Assets not Admitted 38 Agents debit balances gross 18997 46 46 Admitted assets 147292307 49 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 as computed by the New Jersey Insurance Department on the fol lowing tables of mortality and rates of interest viz 2 American Experience table at 3 per eent on participating policies issued prior to January 1 1900 64263779 00 Same for reversionary additions 4 052 980 00 Total 3 American Experience table at 3 per cent on all policies issued since December 31 1899 and on all new participating policies Same for reversionary additions 68316759 00 1335901 on 889942 mi Total 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz McClintock 3 per cent 1961834 00 63225S43 00 Total 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 13504436 00 1833775 15 ComptrollerGenerals Eeport 561 12 Claims for death losses in process of ad justment or adjusted and not due 191873 62 13 Claims for death losses incurred for which no proofs have been received estimated 400000 00 14 Claims for matured endowments due and unpaid 4498600 15 Claims for death losses and other policy claims resisted by the company 21000 00 17 Total policy claims 657859 62 20 Premiums paid in advance including surrender values so applied 794 n5 21 Unearned interest and rent paid m advance Z 23 Commissions to agents due or accrued 7661 24 Cost of collection on uncollected and deferred prem iums in excess of the loading thereon 50703 39 25 Salaries rents office expenses bills and accounts due or accrued estimated j0 26 Medical examiners fees 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year 556000 00 of this statement 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and defer 441324 35 red premiums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or 372306 tI otherwise 35 Reserve special or surplus funds not included above viz Contingency reserve funds suspended mortality fund 2 644 12800 dividend equalization fund 84880747 security fluctation and real estate depreciation fund 281530803 61 S 98 42 Federal corporation tax in dispute 147292307 49 43 Total v 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 6651 13715881 00 Policies on the lives of citizens of said State issued during the year 7799 15918133 00 1 tal q7 rjAA AA Deduct ceased to be in force during the year 5 n 1Q11 7384 15090389 00 Policies in force December 31 19H 562 ComptrollerGenerals Report No Amount bosses and claims unpaid December 31 of previous year 5 10170 00 Losses and claims incurred during year 79 184l83 00 Total 84 194353 00 Losses and claims settled during the year 84 194 353 00 Premiums collected or seemed in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 49615509 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK N Y Charles A Peabody President Wm J Easton Wm Frederick Lick Secys Home Office 34 Nassau Street New York City N Y Robert P Shedden Attorney for Service in Georgia LCapital Stock 2 Amount of ledger assets as per ha lance December 31 of previous year 552 954 502 II 4 ExteD at 552954502 11 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 419842 for first years reinsurance 4730240 17 i Surrender values applieI to pay first years Prns 36874 91 7 Total first years premiums on original Ponies 4767115 08 S Dividends applied to purchase paidup addi tions and annuities 2 081923 07 10 Consideration for original annuities involv ing life contingencies 132 912 71 11 Consideration for supplementary contracts involving life contingencies 1412 481 36 IL Total new premiums o n 8694432 22 13 Renewal premiums in addition to items 14 i and 17 without deduction for com missions or other expenses ess 108 44258 for reinsurance on renewals 43 541 505 19 14 Dividends applied to pay renewal premiums 2351940 03 ComptrollerGenerals Report 16 Surrender values applied to pay renewal 440911 13 premiums 17 Renewal premiums for deferred annuities 14210 41 563 46348566 76 464897 50 74286 72 18 Total renewal premiums 55042998 98 19 Total premiums income p 20 Consideration for supplementary contrasts not involving life contingencies 21 Dividends left with the company to accumulate at interest 23 Gross interest on mortgage loans 662o69 43 25 Gross interest on bonds and dividends on stocks less 20741424 accrued interest on bonds acquired during 1911 12138079 71 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposit in trust com panies and banks 28 Gross interest on other debts due the com pany interest on deferred premiums overdue premiums and interest 30 Interest on real estate contracts 32 Gross rent from company s property includ ing 33949660 for companys occu pancy of its own buildings 1622085 77 3677732 29 136468 52 130186 35 5623 14 nd rents 24335871 21 29384 51 33 Total gross interest a 35 Collections or deposits received for account of others not paid out Profit on fire loss settlement 169 cash over 6718 policy fees 256133 premiums extension fees 2608808 from agents balances previously charged off 1552377 total 41 Gross profit on sale or maturity of ledger assets viz Real estate 4482241 bonds 2815236 stocks 3 92196560 42 Gross increase by adjustment in book value of ledger assets viz Real estate 64822606 bonds 27901185 44234 05 3994940 37 927237 91 84913851 25 43 Total income IIIDisbursements For death claims 2169507713 additions 111849669 fiuA Sj 2 For matured endowments 714995045 ad ditions 3542050 718530 95 3 Net amount paid for losses and matured endowments 29998944 4 For annuities involving life contingencies Zbbaoo564 ComptrollerGenerals Report 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 36874 91 to pay renewal premiums 44091113 477 7ftfi 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes Q n 10 Dividends applied to pay renewal premiums Z S 12 Dividends applied to purchase paidup additions and an nuities 13 Dividends left with tne company to accunuilaie at Ini Ifsl 14 Total paid policyholders 15 Expense of investigation and settlement of policy claims 72588 83 including 5733351 for legal expense 70 815 27 16 Paid for claims on supplementary contracts not involving contingencies 17 Dividends and interest ihereon hddondeposiiderod 289366 during the year ID Commissions to agents less commission on reinsurance First years premiums 210310335 renewal prem iums 124947325 annuities original 1896435 renewal 16148 21 Compensation of managers and agentsnotpaid by com mission for services in obtaining new insurance l76 07 71 22 Agency supervision and traveling expenses of supervisors R cept compensation for home office supervision 760 276 40 23 Branch office expenses including salaries of managers and clerks not included in item 21 MSa9467ominerS fe6S 32107877Vinspectinofisks 25 Salaries and all other compensation of officers directors 3782 trustees and home office employees q ro 26 Rent including 33949660 for company 8 occupancv of its own buildings less 31S770 received under sub lease 27 Advertising 5761628 printing and 536806 S9 90414 postage telegraph telephone and express 21 s 82534 exchange 3443066 4fi2 77fi 49 28 Legal expense not included in item 15 2893908 lerfs lative 760258 29 Furniture fixtures and safes deludingrepair andmain tenance 30 Repairs and expenses otter lhaniaxes on real estaiei 9n oj 31 Taxes on real estate vooa ss 32 State taxes on premiums 6 5 33 I asurance department licenses and fees tlttl l 34 All other licenses fees and taxes Federal corporationtax 5923653 local tax on premiums 440500 mort gage tax 6001 personal property school levee and publication taxes in 1 S 154190 stock transfer tax ComptrollerGenerals Beport 18052 foreign taxes other than on premiums 26 11463 foreign tax on investments 199031 duty 125279 total 39 Other investment expenses 596797 travelinggeneral office employees 9239202 law library 295321 cost of election and election lists 4065457 general audit 783500 office supplies and expenses home office 1330343 reports to governments 351341 associa tion memberships 1581405 total 43 Disbursed from amounts held for account 565 94781 77 of sundry parties 623497 91 44 Payments from deposits on account of pending insurance 18874 04 45 Agents balances charged off 46 Gross loss on sale or maturity of ledger assets viz Real estate 8149422 bonds 1400 stocks 22 24488 total 47 Cross decrease by adjustment in book value of ledger assets viz Real estate 28751294 bonds including 12256679 for amortization of premiums 2975669 total 48 Total disbursements 182433 66 642371 95 62519 95 103753 10 585079 73 68388137 13 IVLedger Assets 23657975 90 1 Book value of real estate 13g mn7 05 2 Mortgage loans on real estate first liens 4 Loan made to policyholders on this companys policies assigned as collateral i lnia kOQ4 733 09959 and stocks ftdV 6 Book value of bonds 44 00us j 327 090 727 05 35762746 58 gll36 7 Cash in companys offices 03 000 00 Cash in transit since received 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest 2530846 12 Total 397 311 74 Advanced or deposited to pay policy claims 2189409 62 10 Agentsbalances 11 Accounts collectible 4056166 supplies 2613660 Cash advanced to officers and employees for travelling etc 12 Total ledger assets 27326 47 66698 26 11103 75 569480216 23566 ComptrollerGeneral s Report NonLedger Assets 13 Interest due 3802057 and accrued 1770006 95 on mortgages 1 808 02 r2 14 Interest due 37251 and accrued 411024121 onbonds 4J1018 72 16 Interest accrued 6705694 on premium notes policy loans or liens 18 Interest accrued 969303 on deposits 9693 t 19 Interest accrued 53038 on real estate contracts 530 as 20 Interest due 3682025 and accrued 12991884 on com 166739 09 panys property or lease tl SS tlteT TntS 1Ue aaCCned M80 68 23 Market value of bonds 99238606 and stocks 6 475 7468200 60 81454 over book value 25 Gross premiums due and unreported on policies in force December 31 1911 26 Gross deferred premiums on policies In force December 31 1911 New Business Renewals 41365 02 3073102 63 260999 01 2197930 67 27 Totals 302364 03 5 271 Oi 28 Deduct loading 78614 CC 033 30 1370468 66 29 Net amount of uncolloc ted and deferred prem imna 223749 38 3900554 64 1124314 02 35 Gross assets 587235391 53 Deduct Assets Not Admitted 37 Supplies Stationery printed matter 26 13160 furniture fixtures and safes 26136 60 38 Agents debit balances gross 27326 47 39 Cash advanced to or in the hands of officers t 4 r aetS 11103 75 44 Accounts collectible 4l 66 46 Admitted assets 105128 48 587130263 05 VLiabilities Surplus and Other KmIs Net present vain of all the outstanding policies in force on the 31 day of DecemComptrollerGenerals Report ber 1911 as computed by the Insurance of the State of New York on the follow ing tables of mortality and rates of interest viz 2 American Experience table at 3 per cent on policies issued prior to January QQ 1907 roo no I 00 Same for reversionary additions 0 418102939 00 Same for reversionary additions 3 American Experience table at 3 per cent on policies issued after December 31 1906 rnR 7J Same for reversionary additions 2Vbb 26483834 00 Total 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz McClintoek annuity table at 3 per cent on annuities issued prior to January 1 1907 3 per cent on annuities issued after Decem ber 31 1906 American Experience table at 3 per cent 159800 at 3 per cent 138900 on dividend additions to survivorship an nuities 473356340 00 Total 6 Deduct net value of risks of this company reinsured in Other solvent companies 473282808 00 I lTalue of amours not yet due on suppiemeniary 9 contracts not involving life contingencies computed I reserve ion which a surrender value may be de manded t 452 278 13 II Claims for death losses due and unpaid V 12 Claims for death losses in process of art justment or adjusted and not due B14 13 Claims for death losses incurred for which no proofs have been received V 14 Claims for matured endowments due and unpaid 15 Claims for death losses and other policy claims resisted by the company 568 ComptrollerGenerals Report 16 Due and unpaid on annuity claims involving life contingencies 158j739 3g 17 Total policy claims 37 4160491 22 IS Due and unpaid on supplementary contracts not involving life contingencies 19 Dividends left with the company to accumulate at interest and accrued interest thereon 1A on r 14 o50 8 3 0 Premiums paid in advance including surrender values so TTaPPlie1 385560 48 Zl Unearned interest and rent paid in advance 1 490 324 23 Commissions to agents duo or accrued 30787 96 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 183801 and legalfees976 98 due or accrued Taxes due and accrued ao 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement p 1164125 63 31 Dividends or other profits due polieyholders including those contingent on payment of outstanding and deferred premiums 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1012 whether contingent upon the payment of renewal premiums or otherwise i tv t i i 4543735 66 Dividends declared on or apportioned to deferred dividend policies payable to policy holders during 1912 l0 602 050 03 34 Amounts set apart apportioned provisionally escertained calculated declared or held awaiting apportionment upon deferred dividend policies 75 601 868 03 36 Fund for depreciation of securities and general contin n gefCS 11310620 38 41 Deposits on account of pending insurance 97 127 5 34 Amounts set apart apportionedprovisionally ascertained 42 Due sundry parties for collections made or deposits held for th6ir aCC0Unt8 165516 01 46 Total 587130263 05 Business in the State of Georgia During the Year 1 i i No Amount 1 ohcies on the lives of citizens of said State in force December 31 of previous year 12169 26 g 1 ohcies on the lives of citizens of said State issued dm ing the year 128 2835711 80 Total 13447 29186033 40ComptrollerGenerals Ebport 569 Deduct ceased to be in force during the year 763 1154813 90 u di 12684 28031219 50 Policies in force December 31 J Losses and claims unpaid December 31 of previous Losses and claims incurred during the year1 dJ 172 416947 86 Total 4fo jns 43 Losses and claims settled during the year J Losses and claims unpaid December 31 Premiums collected or secured in cash and notes or eredxte without any deduction for losses dividends commissions or other expenses Total 8897352 NATIONAL LIFE INSURANCE COMPANY OF CHICAGO ILLINOIS n 4 Robert D Lay Secretary A M Johnson President T f Principal Office 29 South La Salle Street Chicago 111 Wm A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid p in cash 500000 00 Amount of net ledger assets December 31 of previous year 9 773742 08 Extended at IIIncome During the Year 1 Cash received for premiums on new policies without deductions for commission or 277loo do other expenses iy Cash received for renewal premiums without deductions for commissions or other expenses 2V Premium notes loans or liens taken in part payment for renewal premium ISS a 3 From dividends applied to pay running premiums 3 Prom dividends applied to purchase paid up additions and annuities 41 Prom surrender values applied to pur chase paidup insurance and annuities 17633 t 5 Consideration for annuities other than matured installment policies 16 u uu Total 1877115 61570 ComptrollerGenerals Report 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 412137 renewals 407171 8193 08 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock ID Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the conpav 14 Cash received for profits on sales of bonds and stocks 1 139229 real estate 968304 15 Consideration for supplementary contracts not involving life contingencies 16 From agents balances previously charged off 17 Amount recovered from beneficiaries account Adams death claim fraudently collected in 1909 18 From sale of real estate previously charged off 19 From all other sources 1868922 53 11454s oil 251822 52 8142 OS n7i4 22 2117 24 6687 00 10530 48 5843 66 1159 90 804 36 Total income life department 4 1 Income casualty department OfOt t Total 2396805 74 IIIDisbursements tor the Fear 1 Iash paid for death claims including revisionary additions 1n4 K44 11 3 Cash paid for matured endowments and ad ditions thereto 1362659 00 5 Cash paid tor sums falling due during the year on installment policies 1 1 I4 Total j T 1708597 35 rotal net amount actually paid tor losses and matured endowments 8 Cash paid to annuitants 9 Premium notes loans or lies used in purchase of sui rendered policies voided by lapse 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paid up additions and annuities 13 Surrender values paid in cash l5 SU vlls ppHed to purchase paid upinsurance 1758597 35 11579 79 i462 61 137936 22 S243 40 and t linn it ies Total paid policyholders 935 lit 194199 20 17i3l 79 2127587 7216 17 18 19 20 21 23 24 26 27 28 29 and ComptrollerGenerals Report Cash paid stockholders for interest on dividends Cash paid for commission and bonuses to agents less commission on reinsurance new policies 18137532 renewals 4924727 Cash paid for salaries and allowances to managers agents Gash paid for medical examiners fees 1898350 inspec tion of risks 326879 Cash paid for salaries and all other compensation of officers and other home office employees Cash paid for taxes on new premiums All other licenses fees and taxes Cash paid for rent Cash paid for furniture fixtures and safes for home and agency officers r Cash paid for advertising 371571 printing b8464 postage and express 634195 exchange 79244 Legal expenses Cash paid for the following items viz Investment ex pense 687833 taxes per property 139200 Associa tion Life Ins Presidents 81760 miscellaneous expenses 535898 profit and loss 24409 agents balances charged off 8562081 total 30 31 Total disbursements life department Disbursements casualty department 571 50000 00 230622 59 49969 51 22252 29 118067 83 22889 10 6783 16 17400 00 5886 92 18534 74 21724 33 100311 81 2792030 00 21349 08 Total disbursements 2813379 08 IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 3 Loans by pledge of bonds stocks or other marketable collaterals 4 Loans made in cash to policyholders on this company s policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Book value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in company s office 8 Cash deposited in banks 10 Agents ledger balances Casualty department 11 Total net or ledger assets 1779203 00 150000 00 1103136 65 132545 47 5311467 96 19859 67 801239 06 58755 41 961 52 9357168 74 Other Assets 14 Interest due 32221 and accrued 33 25235 on mortgages 33574 56572 ComptbolleeGeneeals Re EPOBT 15 Interest accrued 1785413 on bonds and stocks 16 Interest accrued 142126 on collateral loans 17 Interest accrued 425652 on premiums notes loans or liens 4 256 52 18 Interest accrued 251833 on other assets 2518 33 17845 13 1421 26 Total carried out 21 Market value of bonds and stocks over book value New Business 23 Gross premiums due and unreported on policies in force December 31 19U 43713 66 24 Gross deferred premiums on policies in force December 31 1911 674024 59615 SO 128032 10 Renewals 69272 27 89667 65 Totals 25 Deducting loading 5045390 158939 92 31860 26 32181 18 26 Net amount of uncollec ted and deferred premiums Extended 18593 63 126758 74 145352 3S 28 Total assets 9690169 02 Hems Xoi Admitted 5 Agents balances r 59759 d 6 Premium notes and loans and nel premium in item 26 in excess of reserve K 0 54 7 Casualty department j073 u Total 9 Total assets less items not admitted VLiabilities 1 Net present value of all the outstanding policies in force on the 31 day of Decem ber 191 computed according to The Actuaries ami American Table of Mor tality with Hi per interest 8 065 288 1 Deduct net value of risks of this company reinsurcl in other solvent companies 313X2 HI 73833 27 9616335 75 Net reinsurance reserve 8033974 34ComptrollerGenerals Eeport 573 27540 00 1370 70 2132 72 36154 27 2420 63 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 6 Claims for death losses and other policy claims resisted by the company 7 Amounts due and unpaid on annuity claims 8 Present value of unpaid amounts on matured installment policies 9 Amount of trust funds held by the company 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 accrued 13 Amount due on account of salaries rents and office expenses medical examination fees commissions and cost of collection of deferred premiums m excess of loading 16 Amount of any other liability of the company viz Prem iums paid in advance 1773159 casualty department liabilities 37865 dividends apportioned payable during 1912 15728432 dividends provisionally ascertained navable subsequent to 1912 45957225 total 69618 32 1521 51 26244 81 58653 88 7030 10 payable subsequent 17 Liabilities on policyholder s account 18 Gross surplus on policyholders account 19 Total liabilities 634966 81 8832009 77 784325 98 9616335 75 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 2 Premium notes loans or liens received dur ing the year on policies n QJ 3 Restored by revival of policies 119255 64 8655 97 4379 92 Total Deductions during the year as follows Amount used in payment of losses and claims Amount used in purchase of surrendered 312291 53 policies Amount voided by lapse Amount redeemed by maker in cash 1650 01 22342 95 3761 03 151992 07 Total 179746 06 Balance note assets at end of the year 132545 47574 ComptrollerGenerals Report Business in the State of Georgia During the Year Number and amount of policies on the lives of citizens of Georgia in force December 3 of previous year no a M J 03b 1199025 06 Number and amount of policies on the lives of citizens of Georgia issued during the year 147 179154 84 Total n 1083 1378179 90 Deduct number and amount which have ceased to be in force during the year 139 lfm 27 Total number and amount of policies in force in Georgia December 31 1911 944 ii7Boki9 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year i 2 000 00 Amount of losses and claims on policies in Georgia incurred during the year 8 U720 95 Total y 4 to ytf rz Amount of losses and claims on policies in Georgia pan during the year 9 13 720 95 Amount of premiums collected or secured in Georgia during the vear In cash and notes or credits withoul any deduction for loss dividends com missions or other expenses Total 4172211 NATIONAL LIFE INSURANCE COMPANY OF MONTPELIER VT Joseph A DeHoer President n usman 1 lark Secretary Home Office L16 State Street Montpelier Vermont i M Hope Co Attorneys for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balanec December il of previous year 48792 634 20 I Extended at 48792634 20 1 f ncome 5 First years premiums on original policies without deduction for commissions or other expenses 574j729 80 6 Surrender values applied to paj first years remi11S 100 45 7 Total first years premiums on original policieS 574829 75 ComptrollerGenerals Report 575 8 Dividends applied to purchase paidup ad ditions and annuities 10 Consideration for original annuities involv ing life contingencies 74 11 Consideration for supplementary contracts involving life 47o 1 contingencies 1354324 00 12 Total new premiums 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses o 14 Dividends applied to pay renewal prem iums 15 Dividends applied to shorten the endow ment or premium paying period 111S8 16 Surrender values applied to pay renewal premiums 17 Renewal premiums for deferred annuities1841 5348063 90 18 Total renewal premiums 6702387 90 19 Total premium income 20 Consideration for supplementary contracts not mvolving life contingencies 1 m in 81 Dividends left with the company to accumulate at mterest 23 Gross interest on mortgage loans less 21 00853 accrued interest on mortgages acquired during 1911 11281 09 25 Gross interest on bonds and dividends on stocks less 1592393 accrued interest on bonds acquired during 1911 M 26 Gross interest on premium notes policy Am1 m loans or liens 27 Gross interest on deposits in trust com panies and banks 28 Gross interest on other debts due the com pany Gross interest on premiums 30 Gross interest on nonledger assets 31 Gross discount on claims paid in advance 32 Gross rent from companys property in cluding 704000 for companys occu paney of its own buildings J 2 391 551 05 33 Total gross interest and rents g n 37 Recovered on over loan policy 154789 39 Profit on unlisted assets 151337 from agents balances previously charged off 1556564 17U7576 ComptrolijerGenebals Repobt 41 Gross profit on sale or maturity of ledger assets viz Real estate 5018 bonds 216400 total 2214 18 43 Total income 9173072 76 IIIDisbursements 1 For death claims 157641187 additions 2 rA 1580405 07 or matured endowments 784 60 00 ad ditions 195147 786211 47 3 Net amount paid for losses and matured endowments i 4 ior annuities involving life contingencies 6 Surrender values paid in cash or applied in liquidationof loans or notes 7 Surrender values applied to pay newpremhms 10045 to pay renewal premiums 1945 9 Dividends paid to policyholders in orapplied in liquidation of loans or notes 10 Dividends applied to pay renewal premiums 11 Dividends applied to shorten the endowment or premhim paying period 12 Dividends applied to purchase paidupadditionsand an nuities 13 Dividends left with the company to aeumuiate at interesi 14 Total paid policyholders 7 15 Expense of investigation and settlementofpolicy claims including 18175 for legal expenses 16 Paid for claims on supplementary contracts not involving contingencies 17 Dividends and interest thereon heldon deposit surrendered during the year 19 Commissionsto agents first years premiums 24790582 renewal premiums 35739229 annuities 37 122 29 renewal 8916 21 Compensation of managers and agents notpaid 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 mana and clerks not included in item 21 24 Medical examiners fees 4197450 inspection ofrisks 458156 25 Salaries and all other compensation of officersdirectors trustees and home office employees 26 Bent including 700000 fur companys occupancyof its own buildings tagers 2366616 54 433292 11 1216574 75 119 90 462344 92 372691 14 111 88 75 3233 76 167 10 4895342 7 243 89 19712 32 131 71 642509 56 1878 45 12010 00 82416 43 46556 96 156103 11 50907 64CompteolleeGeneeals Bepoet 577 27 Advertising 1642476 printing and stationery 2M postage telegraph telephone and express 23895 59689 62 exchange 54217 536 80 28 Legal expense not included m item 15 29 Furniture fixtures and safes 11295 00 30 Repairs and expenses other than taxes on real estate 11295 00 31 Taxes on real estate 106916 32 32 State taxes on premiums 62g7 39 33 Insurance department licenses and fees 34 All other licenses fee and taxes Federal corporation tax U9S690 surplus tax 57195 73 nrcrpal licenses and fees 231710 personal property tax f 38 Other disbursements Lighting 120421 heating 98657 water and ice 2586 books publications etc 92755 maintenance of furniture and office equipment 3 476 25 Labor for care of home office 4 65030 janitors supplies 192252 miscellaneous unclassified expense 19563 total 4g0 37 40 Home office travel 41105 09 41 Investment expense iiUtos Vl 53 37 51 44 Over loan policy 178083 1598 policy 154798 2153 45 Agents balances charged off 46 Gross loss on sale or maturity of ledger assets viz Beal 47 Gr2adeecrasbyadiustaent m book value of ledger assets viz Bonds 6292967 22 48 Total disbursements rVLedger Assets 275000 00 1 Book value of real estate 23 659 271 29 2 Mortgage loans on real estate 4 Loans made to policyholders on this company s policies assigned as collateral ls43540 96 5 Premium notes on policies in force 79g g4 6 Book value of bonds 1847579684 7 Cash in company S office 8 Deposits in trust companies and banks not on interest 9 Deposits in trust companies and banks on interest 1081641 91 Total IlVii SS7 75 credit 129058 net 10 Agents balances debit 18875 cream t 59717 51672739 74 12 Total ledger assets 578 CompteolleeGenerals Bepoet NonLedger Assets 13 Interest due 405425 and accrued 594 42638 on mortgages 598 480 63 14 Interest due 92500 and accrued 278 76538 on bonds 16 Interest due 397795S and accrued 228 85139 on premium notes policy loans or liens 17 Interest accrued 149139 on other assets 20 Rents accrued 40612 on companys property 279690 38 268630 97 1491 00 406 12 21 Total interest and rents due and accrued 1148699 10 New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 oc 19H 108t50 19 401849 40 Zb Gross deferred premiums on policies in force December 31 1911 49169 34 450788 01 27 Totals 28 Deduct loading 60029 53 852637 41 14744 69 183088 28 29 Net amount of uncollee t e d and deferred premiums 45284 84 669549 13 35 Gross assets 714833 97 53536272 81 Deducl Assets Not Admitted 38 Agents debil balances gross 1 887 75 Premium notes and loans on policies and ii premiums in item 29 in excess of the iit value of their policies 175 qo Book value of ledger assets over market value viz lionIs Total 90983 00 93045 75 46 Admitted assets 53443227 06 VLiabilities Surplus and Other Funds Nel present value of all the outstanding policies in force on the 3 day of Decem ber 1911 as computed by the Actuary onComptrollerGenerals Report 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 Q0 1901 iuins 83396 00 Same for reversionary additions 25035620 00 Total 2 American Experience table at 3 per cent on all business in force issued subsequent to January 1 1901 Same for reversionary additions 15421866 00 Total 5 Net present value of annuities including those in reduction of premiums McClintocks Annuities table with interest at 31 per cent and American 3 per cent on insurance features of annuities with reversion 4623457 00 Total 45080943 00 89 SLTSrf ounis not to supplementary 9 contracts not involving life contingencies computed by the companys Actuary V V V ir net 10 Liability on policies cancelled and not included m net reserve upon which a surrender value may be de manded 12 Claims for death losses in process of ad justment and not due 13 Claims for death losses incurred for which no proofs have been received 14 Claims for matured endowments due and unpaid 15 Claims for death losses and other policy claims resisted by the company 103037 97 S t tt wyo 2M 2 Ptr rrrrs 985159 applied 595 21 21 Unearned interest and rent paid in advance 93 Commissions to agents due or accrued7 5 cTt of collection on uncollected and deferred Prem iums in excess of the loading thereon 25 Salaries rents office expenses bills and accounts due or accrued 580 ComptrollerGenerals Report 26 Medical examiners fees 121100 and legal fees 220000 due or accrued 341100 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 31 Dividends or other profits due polieyholders including those contingent on payment of outstanding and de ferred premiums fi g2 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1012 whether contingent upon the payment of renewal or otherwise 523 214 03 33 Dividends declared on or apportioned to deferred dividend policies payable to polieyholders hiring 1912 471757 78 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not includedin item 33 4232628 65 36 Life rate endowment reserve iouo 6 Surplus set apart for payment at termination of insurance 11363 01 40 Real estate taxes accrued g 41 Estimated death claims not reported 5oo00 00 45 Unassigned funds surplus 2 328691 83 46Ttal 53443227 06 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 2980 5406 440 7 Policies on the lives of citizens of said State issued during the year 905 i491150 40 Total 3885 6897590 67 I educt ceased to be in force daring the year 388 591 246 00 Policies in force December 31 m7 6306344 67 T No Amount Losses and claims increase during the year 15 27 500 00 T T0tf1 i 15 27500 00 Losses and claims Settled during the year 15 27 500 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 16454723 CompteolleeGenebals Bepoet 581 THE NATIONAL LIFE ACCIDENT INSURANCE CO OF NASHVILLE TENNESSEE r id a C B Clement Secretary C A Craig President Principal Ofeice 302 7 Ave N Nashville Term G G Lynch Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 150000 00 Amount of net ledger assets December 31 of previous year 532486 49 Extended at IIIncomer 532486 49 1 Cash received for premiums on new policies without deductions for commissions or other expenses 267 51 iy2 Cash received for renewal premiums without deductions for commissions or other expenses 1735224 23 7 Total premium income 8 Gash 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 13 Cash received for rents for use of companys property including 437500 for companys own occupancy 19 Prom all other sources 1761975 23 21204 83 2425 00 2962 62 4375 00 8793 65 Total income IIIDisbursements for the Year 1801736 33 1 Cash paid for death claims including revisionary additions 121072 80 3 Cash paid for disability claim 524658 78 7 Total net amount actually paid for losses and matured endowments 16 Cash paid stockholders for interest on dividends 17 Cash paid for commission and bonuses to agents less commission on reinsurance 18 Cash paid for salaries and allowances to managers and 19 Cash paid for medical examiners fees 20 Cash paid for salaries and all other compensation of officers and other home office employees 645731 58 37500 00 587874 47 233138 19 1093 80 48588 82582 ComptrollerGeneral s Eeport 21 22 23 24 26 27 28 29 Cash paid for taxes on new premiums Jash paid for taxes on investments Cash paid for insurance department fees and agents licenses 130410 municipal licenses 234553 Cash paid for rent including 437500 companys oc cupancy Cash paid for furniture fixtures and safes for home ami agency offices Cash paid for advertising 428478 printing 1190S15 Cash paid for real estate expenses other than taxes 7400 for legal expenses 138645 Cash paid for the following items 18279 96 5382 10 3649 63 22308 66 5548 01 16252 93 2135 51 16252 50 30 Total disbursements 1643736 16 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 by pledge of bonds stocks or other marketable collaterals 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 11 Total net or ledger assets 12 Deduct depreciation from cost of assets to bring same to market value 71090 39 426049 06 64828 40 51438 27 7350 62 67486 63 340 00 1903 29 13 Total net or ledger assets less depreciation 690480 00 650 00 689836 66 Other Assets 14 Interest due 150011 and accrued 706366 on mortgages 7219 65 15 Interest on bonds and stocks 354 17 16 Interest on collateral loans 539 46 18 Interest on other assets 8 67 Total carried out 27 Furniture fixtures and sates 28 Total assets Items Not Admitted 2 Furniture fixtures and safes 3 Stock and carriage 20883 85 100 00 8121 95 20883 85 718842 46 ComptrollerGenerals Report 583 2462 96 5 Agents balances 0Q 7 Bills receivable 24686 81 Total 694155 65 9 Total assets VLiabilities 1 Net present value of all the outstanding policies in force on the 31 day Jfl December 1912 computed according to The Combined Experience table with a eoA four per cent interest 216684 96 Reserve disability benefit 235816 07 Net reinsurance reserve 5 Claims for death losses and matured endow ments in process of adjustment or ad i 2ito yo justed and not due 6 Claims for death losses and other policy claims resisted by the company uy 5883 66 Total policy claims 20455 28 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office u w expenses 16 Amount of any other liability of the company viz Prem iums paid in advance 2426033 special reserves 8160471 382484 15 17 Liabilities on policyholders account 311 671 50 18 Gross Surplus on policyholders account 694155 65 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 issued during the year 2615 2615 102534 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 Georgia December 31 1911 584 ComptbollebGenebals Eepobt No Amount Amount of losses and claims on policies in Georgia incurred during the year 213 2141 00 0tf 213 2141 00 Amount of losses and claims on policies in Georgia paid during the year 210 2089 62 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 6687 80 NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF BOSTON MASSACHUSETTS Alfred D Foster President j A BarbeV Secretary Home Office 87 Milk Street Boston Mass Robert J Guinn Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 52536239 28 4 Extended at 62j536239 28 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 920 484 29 7 Total first years premiums on original policies 920484 29 8 Dividends applied to purchase paidup ad aitions 156156 95 9 Surrender values applied to purchase paid up insurance 3412 00 11 Consideration for supplementary contracts involving life contingencies 8 528 71 12 Total new premiums 1088581 95 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses 5753050 63 14 Dividends applied to pay renewal premiums 1005173 67 18 Total renewal premiums 6758224 30 19 Total premium income 7846806 25ComptrollerGeneral s Report 585 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 536380 22 24 Gross interest on collateral loans 28090 73 25 Gross interest on bonds and dividends on stocks less 3710177 accrued interest on bonds acquired during 1911 1347706 34 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposits in trust com panies and banks 31 Gross discount on claims paid in advance 32 Gross rent from company a property in eluding 4438000 for companys Oc cupancy of its own buildings 387490 57 18036 70 67 50 143898 49 22236 00 1623 15 33 Total gross interest and rents 41 Gross profit on sale or maturity of ledger assets viz Real estate 33417391 bonds 641225 stocks 4313500 total 42 Gross increase by adjustment in book value of ledger assets viz Real estate 05 bonds 100 stocks 25 383721 16 1 30 43 Total income IIIDisbursements 1 For death claims 247862080 additions 2406000 2502680 80 2 For matured endowments 51306600 ad ditions 639100 519457 00 3 Net amount paid for losses and matured endowments 5 Premium notes and liens voided by lapse 1629360 less 154680 restorations and 213532 dividends and interest Surrender values paid in cash or applied in liquidation of loans or notes Surrender values applied to purchase paid up insurance Dividends paid to policyholders in cash or applied m liquidation of loans or notes 10 Dividends applied to pay renewal premiums 12 Dividends applied to purchase paid up additions 13 Dividends left with the company to accumulate at interest 6 8 9 3022137 80 12611 54 734471 82 3412 00 145024 40 1005173 67 156156 95 1623 15 14 Total paid policyholders 15 Expense of investigation and settlement of policy claims including 2005 for legal expense 16 Paid for claims on supplementary contracts not involving life contingencies 5080611 33 20 05 13161 00586 ComptrolleeGenebal s Eepoet 17 Dividends and interest thereon held on deposit surrendered during the year 1152 20 18 Paid for claims on supplementary contracts involving life contingencies i 14530 00 19 Commissions to agents first years premiums 425 92393 renewal premiums 36069895 786622 88 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 7070 87 23 Branch office expenses including salaries of managers and clerks not included in item 21 131740 86 24 Medical examiners fees 7383007 inspection of risks 961013 83440 20 25 Salaries and all other compensation of officers directors trustees and home office employees 221729 17 26 Rent including 4438000 for companys occupancy of its own buildings 49375 76 27 Advertising 1375295 printing and stationery 32 62350 postage telegraph telephone and express 13 23287 exchange 79650 60405 82 28 Legal expense not included in item 15 709 20 29 Furniture fixtures and safes 10931 90 30 Repairs and expenses on real estate 55227 26 31 Taxes on real estate i 37737 73 32 State taxes on premiums 6875843 tax on reserve 51 53896 i 120297 39 33 Insurance department licenses and fees 14228 30 34 All other licenses fees and taxes Federal corporation tax 1574098 personal property tax 51999 com pulsory advertising 77059 total 17031 56 38 Other disbursements Legislative expense 91167 as sociation of life insurance presidents 215793 mort gage expense 334782 miscellaneous expense 8t 52097 office supplies 699697 total 21935 36 44 Profit and loss 182 00 46 Gross loss on sale or maturity of ledger assets viz Real estate 100000 stocks 11800 total 1118 00 47 Gross decrease by adjustment in book value of ledger assets viz Real estate 2520000 bonds 4510225 stocks 87 total 70303 12 48 Total disbursements 6800561 96 IVLedger Assets 1 Book value of real estate 1943609 47 2 Mortgage loans on real estate 11862700 00 3 Loans secured by pledge of bonds stocks or other collateral 450000 00 4 Loans made to policyholders on this companys policies assigned as collateral 7166736 09 5 Premium notes on policies in force 730832 82ComptrollerGenerals Eepoet 6 Book value of bonds 3088343500 and stocks 2742 29200 587 33625727 00 7 Cash in companys office 4348 deposits in trust com panies and banks on interest 67208087 total 62130 6o 56451735 73 12 Total ledger assets NonLedger Assets 13 Interest due 550 and accrued 10114009 on mortgages 101690 09 14 48077993 on bonds 15 Interest accrued 496972 on collateral loans 16 Interest due 3345015 and accrued 9728008 on prem ium notes policy loans or liens 17 Interest accrued 66798 on other assets give items and amounts 20 Rents due 47354 and accrued 521205 on company s property or lease 5685 59 21 Total interest and rents due and accrued 29 Market value of real estate over book value 23 Market value not including interest in Item 14 of bonds and stocks over book value New Business Renewals 25 Iross premiums due and unreported on policies in force December 31 1911 26 Gross deferred premiums on policies in force December 31 1911 14579558 139402 9 724523 54 3737 00 776066 00 339390 36 27 Totals 28 Deduct loading 145795 58 478793 27 32804 01 107728 48 29 Net amount of uncollec ted and deferred prem 112991 57 371064 79 484050 36 35 Gross assets VLiabilities Surplus and Other Funds 584401 is 63 Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 as computed by the Companys Actuary on the following tables of mor tality and rates of interest viz 588 ComptrollerGenerals Eeport 1 Actuaries table at 4 per cent on all policies issued prior to 1901 31425127 79 Total 31425127 79 2 American Experience table at 3 per cent on all policies issued from Jan 1 1901 to Dec 15 1907 except joint life Addi tions on all policies to Jan 1 1908 14211596 67 Same for reversionary additions 1047433 26 Total 15259029 93 3 American Experience table at 3 per cent on all policies written after Dec 15 1907 and dated in 1908 and after and addi tions thereon joint life policies 3927383 88 Same for reversionary additions 49044 03 Total 3976427 91 5 Net present value of annuities including those in reduction of premiums Give tables and rates of interest viz Four per cent 50 95 Three and onehalf per cent 3001 57 Three per cent 50540 32 53592 84 8 Net reserve 50714178 47 9 Present value of amounts not yet due on supplementary contracts noi involving life contingencies computed by the company s Act nary 283280 00 12 Claims for death losses in process of ad justment or adjusted and not due 97745 48 13 Claims for death losses incurred for which no proofs have been received 135041 00 14 Claims for matured endowments due and unpaid 60718 59 17 Total policy claims 293505 07 19 Dividends left with the company to accumulate at interest and accrued interest thereon 2 202 90 20 Premiums paid in advance including surrender values so applied 44070 36 21 Unearned interest and rent paid in advance 4737 05 ll Commissions due to agents on premium notes when pid 30223 16 23 Commissions to agents due or accrued 2073 78 25 Salaries rents office expenses bills and accounts due or accrued 4 733 45 26 Medical examiners fees 44100 441 00 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 143780 52ComptrollerGenerals Beport 589 31 Dividends or other profits due polieyholders including those contingent on payment of outstanding and deferred 219995 09 premiums 32 Dividends declared on or apportioned to annual dividend policies payable to polieyholders during 1912 whether contingent upon the payment of renewal premiums or 1479 000 00 otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to polieyholders during 1912 9684 90 34 Amounts set apart apportioned previously ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 2ol948 90 36 Reserve for equalization of mortality and depreciation of assets Q7 704 00 37 Reserve for unreported death claims r 53858811 65 42 Total 4581306 98 45 TJnassigned funds surplus 58440118 63 46 Total Business in the State of Georgia During the Tear No Amount Policies on the lives of citizens of said State in force December 31 of previous year 1879 41190 uu Policies on the lives of citizens of said State issued during the year including transfer No 36 amount 57961001 1134597 2340 5253942 00 Deduct ceased to be in force during the year including transfers from No 32 amount 6053300 260393108 00 v 51 1011 2140 4860834 00 Policies in force December 31 1911 ax v No Amount Losses and claims unpaid December 31 of previous year 1 7 00 Losses and claims incurred during year J1L 14 26064 00 Losses anol claims settled during the year in cash U 26064 00 Premiums collected or secured in cash and notes or credits out deduction for losses dividends commissions or other expenses Total 15979959590 ComptrollerGenerals Eeport new york life insurance company of new york n y Darwin P Kingsley President Seymour M Ballard Secretary Home Office 346Broadway New York City N Y E J Clark Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year631202274 55 4 Extended at 631202274 55 II Income 5 First years premiums on original policies without deduction for commissions or expenses 7410347 45 7 Total first years premiums on original policies 7410347 45 S Dividends applied to purchase paid up ad ditions and annuities 1163234 32 10 Consideration for original annuities involv ing life contingencies 618614 70 11 Consideration for supplementary contracts involving life contingencies 203503 12 12 Total new premiums 9395 699 50 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 95 01914 for reinsurance on renewals 71248582 14 Dividends applied to pay renewalpremiums 2517714 04 16 Surrender values applied to pay renewal premiums 45664 65 17 Renewal premiums for deferred annuities 10si 24 Is Total renewal premiums 73 858 825 16 10 Total premium income 83 254 524 75 20 Consideration Cor Supplementary contracts not involving life contingencies 404611 00 21 Dividends left with the company to accumulate at interest 52252 30 2 Cross interest on mortgage loans less 1 31944 accrued interest on mortgages acquired during 1911 4545944 53 24 Cross interest on collateral loans 6 233 25 Gross interest on bonds less 23963554 accrued interest on bonds acquired dur ing 1911 17370396 31 CompteolleeGeneeals Report 591 26 Gross interest on premium notes policy loans or liens 5610702 34 27 Gross interest on deposits in trust companies and banks 28967186 31 Gross discount on claims paid in advance 6368 18 32 Gross rent from Companys property in cluding 27454612 for companys occu pancy of its own buildings 844856 83 33 Total gross interest and rents 28674173 38 35 Commissions advanced in previous years now repaid 51047 99 36 Policyfees 3498162 I Wj 44 37 Doubtful fees 4 38 Bonuses received for privilege of prepay ment or extension of mortgage loans 2 81421 temporary loans 286667 5680 88 93238 93 41 Gross profit on sale of maturity of ledger assets viz Real estate 5000000 bonds 9866002 bond and mortgage 4220615 total 42 Gross increase by adjustmen in book value of ledger assets viz bonds 777178 94 43 Total income 113446846 43 IIIDisbursements 1 For death claims less 12518451 reinsur ance 2389260791 additions 940 59370 2483320161 2 Tor matured endowments less 2488095 reinsurance 561220064 additions 3157296 5643773 60 3 Net amount paid for losses and matured endowments 3M76975 21 4 For annuities involving life contingencies lodJ8d 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums oM 9 Dividends paid to policyholders in cash or applied m liquidation of loans or notes 55250o 06 10 Dividends applied to pay renewal premiums okii a 12 Dividends applied to purchase paid up additions and 1163234 61 annuities 13 Dividends left with the company to accumulate at interest 522oZ du 53650847 02 14 Total paid policyholders 15 Expense of investigation and settlement of policy claims including 1992659 for legal expense 25092 42592 ComptrollerGenerals Report 16 Paid for claims on supplementary contracts not involv ing life contingencies 2 10064 98 17 Dividends and interest thereon held on deposit surrendered during the year 9811 52 19 Commissions to agents less commission on reinsurance First years premiums 331458174 renewal premiums 148802540 annuities original 2133185 re newal 124219 4825181 24 20 Commuted renewal commissions 1100 00 21 Compensation of managers and agents not paid by eommis mission for service in obtaining new insurance 29159 84 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 1037492 L0 23 Branch office expenses including salaries of managers and clerks not included in item 21 1069023 19 24 Medical examiners fees 29888415 inspection of risks 7638541 375269 57 25 Salaries and all other compensation of officers directors trustees and home office employees 1559008 02 26 Rent including 27454612 for companys occupancy of its own buildings less 301185 received under sublease 527640 07 27 Advertising 6170720 printing and stationery 208 08567 postage telegraph telephone and express 214 36418 exchange 1211843 496275 48 Legal expense not included in item 15 9659 L6 Furniture fixtures and safes 71320 88 Repairs and expenses other than taxes on real estate 210957 36 Taxes on real estate 153050 69 State taxes on premiums 767809 03 Insurance Department licenses and fees 1 71 29 All other licenses fees and taxes Federal corporation tax 125045 08 local licenses and taxes 7942914 tax on policy reserves 4514364 miscellaneous taxes in cluding 200698 tax on interest receipts 2344966 273067 52 Other disbursements Paid agents under nylic contracts 47948341 doubtful debts marked off 457544 books papers and subscriptions 585735 special inspection reports 366736 lunch for companys employees 4313181 miscellaneous items of expense 939273 Legislative department expenses 620962 expenses trustees election 1911 31518 1913 1879448 t raveling expenses 1266961 584096 99 42 Commissions paid on real estate sales 500000 miscella neous interest payments 1198777 bank charge 17 01481 bond and mortgage expenses 106129 custody of and insurance on securities 2247208 premium on Fidelity bonds 615375 examinations by New York insurance department and by chartered accountants 20 99286 total 84682 56 28 29 30 31 32 33 34 38CompteolleeGtenebals Repoet 593 46 Gross loss on sale or maturity of ledger assets viz Bonds 81857 71 47 Gross decrease bv adjustment in book value of ledger assets viz Bonds 867586 24 48 Total disbursements 66943685 18 IVLedger Assets 1 Book value of real estate 10616711 90 2 Mortgage loans on real estate first liensi 116298323 50 4 Loans made to policyholders on this companys policies assigned as collateral 108JJJ J 5 Premiums notes on policies in force 457081 dS 6 Book value of bonds 429764482 53 7 Cash in companys office 2011 51 8 Deposits in trust companies and banks not on interest 1410386 96 9 Deposits in trust companies and banks on interest 5697239 44 Total 10 Bills receivable 475000 branch office balances debit 22084628 credit 7108848 net 14975780 11 Cash in companys branch offices 7723444 cash m transit 16846925 i 7109637 31 154507 80 245703 69 12 Total ledger assets 677705435 80 NonLedger Assets 13 Interest due 2092250 and accrued 1 1847910b on mortgages 1205713 55 14 Interest due 72360550 and accrued 5 87971829 on bonds 6603323 79 16 Interest accrued 28034027 on premium notes policy loans or liens 280340 27 18 Interest due 1213041 and accrued 12 40613 on bank balances 2453b 54 20 Rents due 494450 and accrued 271917 on companys property or lease 7603 67 21 Total interest and rents due and accrued 8121577 8 New Business Renewals 25 uross premiums due and unreported on policies in force December 31 1911 108354 58 4726167 95594 ComptrolleeGenebals Eepoet 26 Gross deferred premiums on policies in force December 31 1911 420066 00 5045319 00 27 Totals 528420 58 9771486 95 28 Deduct loading 25 132105 14 2442871 74 29 Net amount of uncollec ted and deferred prem iums 396315 44 7328615 L 1 Total 7724930 65 35 Gross assets693551944 27 Deduct Assets Not Admitted 40 Bills receivable 4 750 00 43 Book value of ledger assets over market value viz on bonds 8641661 49 44 Branch office debit balances 220846 28 Total 8867257 77 46 Admitted assets684684686 50 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 as computed by the insurance 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 all insurance except those specified under 4 and 5 467411846 00 Same for reversionary additions 3441421 00 Total 470853267 00 4 Other tables and rates viz Double Ameri can Experience table at 3 per cent on tropical insurances and those on im paired lives 40154374 00 Same for reversionary additions 103602 00 Totl1 40257976 00 Sesqui American Experience table at 3 per cent on semitropical insurances and those on partially impaired lives 39942054 00 Same for reversionary additions 92550 00 Total 40004604 00 ComptrollerGenerals Report 595 Reserve to cover contingent waiver of premium contained in certain policies based upon Hunters disability tables at 3 per cent interest 16623 00 5 Net present value of anuities including those in reduction of premiums McClintocks Annuity table 3 per cent on issues prior to 1909 14023564 00 McClintocks Annuity table 3 per cent on issues of 1909 and subsequent 1892565 00 15916129 00 Total 567048599 00 6 Deduct net value of risks of this company reinsured in ioq 291 00 other solvent companies iaswi 8 Net reserve paidfor basis 566919308 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by 2731350 52 the company 10 Liability on policies canceled and not included in net reserve upon which a surrender value may be demanded 260203 91 12 Claims for death losses in process of ad justment or adjusted and not due 879538 79 13 Claims for death losses incurred for which no proofs have been received 2172428 18 14 Claims for matured endowments due and unpaid 224484 10 15 Claims for deatli losses and other policy claims resisted by the company 360331 35 16 Due and unpaid on annuities claims involv ing life contingencies 129334 22 3706116 64 17 Total policy claims 18 Due and unpaid on supplementary contracts not involving 449 83 life contingencies 19 Dividends left with the company to accumulate at interest 106608 o9 thereon 20 Premiums paid in advance including surrender values so 828094 tw applied rc744fi qq 21 Unearned interest and rent paid in advance 22 Commissions due to agents on premium notes when paid 50015 11 23 Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts due or accrued including 530760 accrued charges on de 91432 08 posits 26 Medical examiners fees 1995580 and legal fees 8 98322 due or accrued 28939 02 27 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement including 765876 accrued taxes on interest and deposits 1105236 98596 ComptrollerGenerals Report 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and defer red premiums 494277 24 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 4580217 00 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1912 7109926 32 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 83064153 00 35 Reserve special or surplus funds not included above War risk fund 50159200 security fluctuation and general contingency fund 707632432 mortality fluctuation fund 50000000 annual dividend equalization funds 75775600 8835672 32 40 Due agents under nylie contracts 1275 01 41 Reserve for nylic contracts 1538444 00 42 Reserve for death claims not yet reported to home office 600000 00 43 Reserved for unclaimed receipts 5000 00 46 Total684684686 50 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 11674 23614168 00 Policies on the lives of citizens of said State issued during the year 1217 2757444 00 Total 12893 26371612 00 Deduct censed to be in force during the year 627 1352206 00 Policies in force December 31 1911 12264 25019406 00 No Amount Losses and claims unpaid December 31 of previous year 10 16371 25 Losses and claims incurred during year 141 302115 30 Total 151 318476 55 Losses and claims settled during the year 141 306188 80 Losses and claims unpaid December 31 1911 10 122V7 75 Premiums collected or secured in cash and mites or credits without any deduc tion for losses dividends commissions or other expenses Total 798200 45 Geo 4 10 11 12 13 14 16 17 18 19 20 21 23 25 ComptrollerGenerals Beport 597 NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF MILWAUKEE WISCONSIN C Markham President A S Hathaway Secretary Home Office Cor Broadway and Michigan Streets Milwaukee Wis W Woods White Attorney for Service in Georgia ICapital Stock Amount of ledger assets as per balance December 31 of previous year269497968 80 Extended at 269497968 80 IIIncome First years premiums on original policies without deduction for commissions or other expenses 3911934 61 Surrender values applied to pay first years 7446 12 premiums Total first years premiums on original policies 3919380 73 Dividends applied to purchase paid up ad ditions and annuities 1397336 85 Consideration for original annuities involving 47 014 72 life contingencies Consideration for supplementary contracts involving life contingencies 2304 36 5387677 66 Total new premiums Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses 29020543 60 Dividends applied to pay renewal premiums 6000689 39 Surrender values applied to pay renewal premiums Renewal premiums for deferred annuities 12342 66 35033585 57 Total renewal premiums 40421263 23 Total premium income v Consideration for supplementary contracts not involving 628799 16 life contingencies Dividends left with the company to accumulate at interest 7504 orf Gross interest on mortgage loans less 177046 accrued interest on mortgages acquired during 1911 7446393 10 Gross interest on bonds and dividends on stocks less 60 960 37 accrued interest on bonds acquired during 1911 3172489 58598 ComptrollebGenerals Report 26 Gross interest on premium notes policy loans or liens 2163808 84 27 Gross interest on deposits in trust companies and banks 73735 15 29 Interest included in deferred quarterly and semiannual premiums 294386 76 30 Interest on premiums collected in the conversion of term policies and in the restoration oflapsed policies 6r 73011 interest on agents indebtedness 179517 67525 2S 31 Gross discount on claims paid in advance 18 28 01 32 Gross rent from companys property including 5654000 for companys occupancy of its own buildings 186329 76 33 Total gross interest and rents 13422949 48 41 Gross profit on sale or maturity of ledger asscIs viz Heal estate 1383500 bonds 304219 total 16877 19 42 Gross increase by adjustment in book value of ledger assets viz Bonds 37748 19 43 Total income 54535141 78 IIIDisbursements 1 For death claims Additions 10558680 23 271524 36 Total 1 1830204 59 2 For matured endowments 2746561 00 Additions 91998 37 Total 2838559 37 3 Net amount paid for losses and matured endowments 13668763 96 4 For annuities inolving life contingencies 71322 62 6 Surrender values paid in cash or applied in liquidation of loans or notes 9269598 5s 7 Surrender values applied to pay new premiums 744612 to pay renewal premiums 992 745604 9 Dividends paid to policyholders in rash or applied in liquidation of loans or notes 5204790 48 10 Dividends applied to pay renewal premiums 6000689 39 12 Dividends applied to purchase paidup additions and an nuities 1397336 85 13 Dividends left with the company to accumulate at interest 7504 53 14 Total paid policyholders 35627462 45 15 Expense of investigation and settlement of policy claims including 756073 for legal expenses 7560 73 16 Paid for claims on supplementary contracts not involving life contingencies 232507 83 17 Dividends and interest thereon held on deposit surrendered during the yeartt 509 50ComptrollerGenerals Eeport 599 19 Commissions to agents less commission on reinsurance First years premiums 178219623 renewal prem iums 247801278 annuities original 46764 renewal 24685 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 19845196 inspection of risks 2857162 25 Salaries and all other compensation of officers directors trustees and home office employees 26 Rent including 5654000 for company a occupancy of its own buildings 27 Advertising 826925 printing and stationery 7945613 postage telegraph telephone and express 12654656 exchange 1214390 28 Legal expense 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 35 Federal corporation tax 36 State tax on income 45070478 state tax on policy reserves 2898227 37 Publishing statement as required by law 142072 local licenses and tax on pre miums 1022661 33696 51 479687 05 11647 33 Total 39 Loan expenses 40 Special mortality investigation 41 Legislative expenses 351801 traveling expenses 340546 42 Examination by chartered accountants and by the examining committee comprised of policyholders as provided for in the by laws i 43 Interest on postponed payments of policy claims 44 Premiums on fidelity bonds 12000 ex penses trustees election 12219 4260923 50 7083 22 2463 04 227023 58 835158 63 54165 74 226415 84 2267 35 4051 46 84117 35 42307 65 399598 02 27598 22 151598 19 4139 97 6923 47 655307 788 13 242 19 Total 525030 89 46 Gross loss on sale or maturity of ledger assets viz Real estate 170245 02 1130 70600 ComptbollebGenebals Kepobi 47 Gross decrease by adjustment in book value of ledger assets viz Real estate 1409480 Bonds 7470176 89696 56 48 Total disbursements 42837317 3D IVLedger Assets 1 Book value of real estate MO8 o n lUO J4S i o 2 Mortgage loans on real estate 153 562 654 3g 4 Loans made to policyholders on this companys polieies assigned as collateral 41988 S Q2 5 Premium notes on policies in force WoSO 4L 6 Book value of bonds 7966807763 7966so77 63 7 Cash in company s office 20 470 85 9 Deposits in trust companies and hanks on interest 3151276 OS Total 10 Agents balances 3171747 83 615 25 12 Total ledger assets 28119 NonLedger Assets 13 Interest due 4039267 and accrued 2 09431078 on mortgages 2134743 45 14 Interest accrued 115074233 on bonds 1150742 33 16 Interest due 20094504 and accrued 1 11703999 on premium notes policy loans or Mls 1317985 03 18 Interest due for conversion of term policies and in the restoration of lapsed policies 3207 00 20 Bents due 1174so and accrued 10 32243 on companys property or lease 11497 23 93 28 21 Total interest and rents due and accrued 4 618175 04 New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 11111 2713700 1774931 02 26 Gross deferred premiums on policies in force December 31 1911 07si 00 2020185 00 27 Totals 28 Deduct loading 324958 00 3791110 92 00o 58 806462 34ComptkollerGenekals Keport 601 29 Net amount of uncollee ted and deferred prem iums 255904 42 2988654 58 3244559 00 35 Gross assets 289058527 32 Deduct Assets Not Admitted i 38 Agents debit balances gross 615 25 43 Book value of ledger assets over market value viz Bonds 3482692 63 Total 3483307 46 Admitted assets 285575219 44 VLiabilities Surplus and Other Funds Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on life endowment and term policies issued prior to Feb 1 1899 116659597 00 Same for reversionary additions 4832748 00 Total 121492345 00 2 American Experience table at 3 per cent on life endowment and term policies issued since Feb 1 1899 125350811 00 additions 4898968 00 Same for reversionary Total 130249779 00 5 Net present value of annuities including those in reduction of premiums viz Actuaries Table at 4 per cent 267713 00 McClintocks Table at 3 per cent 443585 00 American Experience Table at 3 per cent 471292 00 Total 1182590 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 252924714 00 2711799 41 7335 63602 ComptrollerGenerals Report 11 Claims for death losses due and unpaid 45760 79 12 Claims for death losses in process of ad justment or adjusted and not due 102221 99 13 Claims for death losses incurred for which no proofs have been received 246 764 00 14 Claims for matured endowments due and unPaid 43873 96 15 Claims for death losses and other policy claims resisted by the company 105817 47 16 Due and unpaid on annuity claims involving life contingencies 2 927 82 17 18 19 20 21 23 25 26 27 31 32 33 34 36 45 Total policy claims t Due and unpaid on supplementary contracts not involving life contingencies Dividends left with the company to accumulate at interest 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 rents office expenses bills and accounts due or accrued Medical examiners fees 5410800 and legal fees Estimated amount hereafter payable for federal state and nlher taxes based upon the business of the year of this statement Dividends or other profits due policyholderg including those contingent on payment of outstanding and deferred premiums Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise Dividends declared on or apportioned to deferred dividend policies payable to polieyholders during 1912 Amounts se apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 Reserved for death claims incurred on or before and re ported to home office after December 31 Unassigned funds surplus 547366 03 2249 69 13767 34 19071 66 612 22 88547 29 86527 20 r4ins 00 969923 07 1016808 96 B922402 SI 1183460 10 7709393 ii 250000 00 iioii71 03 4fi Total2Son75219 44 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 8685 20025464 00ComptrollerGenerals BeporT 603 Policies on the lives of citizens of said State issued during the year 1047 2293800 00 Total 9732 22319264 00 Deduct ceased to be in force during the year 465 972625 00 Policies in force December 31 9267 21346639 00 No Amount Losses and claims unpaid December 31 of previous 2 3000 00 year Losses and claims incurred during year 86 184978 00 Total 88 1978 00 Losses and claims settled during the year 88 18798 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 67030652 PACIFIC MUTUAL LIFE INSURANCE COMPANY OF LOS ANGELES CALIFORNIA Geo I Cochran President O I D Moore Secretary Home Office Sixth and Olive Streets Los Angeles Cal A C Harmon 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 19452639 17 Deduct portion of stockholders surplus transferred to accident department 100000 00 19352639 17 4 Extended at v IIIncome 5 First years premiums on original policies without deuuction for commissions or other expenses less 1098052 for first years reinsurance 693928 45 6 Surrender values applied to pay first years 3613 98 premiums 7 Total first years premiums on original 697542 43 policies v 8 Dividends applied to purchase paidup ad ditions and annuities 166060 84604 CompteolleeGenebals Eepoet 10 Consideration for original annuities involv ing life contingencies 902 00 It Consideration for supplementary contracts involving life contingencies 1351 00 12 Total new premiums 74 555 13 Eenewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 35 43004 for reinsurance on renewals 3592631 57 14 Dividends applied to pay renewal premiums 122029 97 16 Surrender values applied to pay renewal premiums 32771 99 18 Total renewal premiums 3748333 53 19 Total premium income 4 822 SS9 80 20 Consideration for supplementary contracts not involving life contingencies 44 439 j 21 Dividends left with the company to accumulate at interest 3091 10 23 Gross interest on mortgage loans less 682S9 accrued interest on mortgages acquired during 1911 535240 75 24 Gross interest on collateral loans 60927 04 25 Gross interest on bonds and dividends on stocks less 588210 accrued interest on bonds acquired during 1911 260 800 99 26 Gross interest on premium notes policy loans or liens 195510 75 27 Gross interest on deposit in trust com panies and banks 4 473 30 29 Eeclamation District warrants 7435 10 30 Agents balances 311 42 31 Gross discount on claims paid in advance 753 12 32 Gross rent from companys property in cluding 3360000 for companys occu pancy of its own buildings 47770 86 33 Total gross interest antl rents 1119223 33 Less interest paid on reinsurance tund 4343 72 Less discount on premiums paid in advance 813 45 5157 17 1114066 lti 35 Bonus on bond opt ions q 543 50 36 Sale of unlisted assets 3 612 86 Total 10261 38 40 From agents balances previously charged off 2 458 24ComptrollerGenerals Beport 605 41 Gross profit on sale or maturity of ledger assets viz Bonds 42 Gross increase by adjustment in book value of ledger s viz Bonds 4130 86 18060 43 43 Total income 5819397 63 IIIDisbursements 1 For death claims less 3500000 reinsur ance Additions 872842 74 26008 00 Total 2 For matured endowments Additions 898850 74 95486 00 2844 00 Total 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 5 Premium notes and liens voided by lapse less 435025 restorations 6 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 361398 to pay renewal premiums 3277199 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 14 Total paid policyholders 15 Expense in investigation and settlement of policy claims including 10000 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 18 Paid stockholders for interest or dividends 19 Commissions to agents less commission on reinsurance First years premiums 44724631 renewal premiums 27140298 annuities original 48010 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 4823636 inspection of risks 1299355 98330 00 997180 74 9799 73 25180 87 445512 70 36385 97 81536 56 122929 97 166060 84 3091 10 1887678 48 5074 87 10467 60 34 78 80000 00 719129 39 22939 74 19505 71 01229 91606 ComptrollerGenerals Report 25 Salaries and all other compensation of officers directors trustees and home office employees 184360 20 26 Rent including 3360000 for companys occupancy of its own buildings 33600 00 27 Advertising 2362553 printing and stationery 23 D3489 postage telegraph telephone and express 13 64192 exchange 120614 61508 48 28 Legal expense not included in item 15 967564 29 Furniture fixtures and sates 6406 33 30 Repairs and expenses other than taxes mi real estate 11425 42 31 Taxes on real estate 10425 01 Ii2 Stale taxes on premiums 55 237 4 33 Insurance department licenses and fees 7606 70 34 All other licenses fees and taxes Municipal licenses 3 90588 federal corporation tax 681460 state corpora tion tax 16000 tax on personal property 130208 1218256 38 Other disbursements Loss and gain 05609 legislation expenses 140943 legal advertising 94379 associa tion of life insurance presidents 130252 home office traveling expenses 239990 investment expenses 2 7014 general expenses 570143 total 15383 3C 45 Agents balances charged off 3121 52 46 Gross loss on sale or maturity of ledger assets viz Mort gage loans vfritten off 330460 bonds 1901860 stocks 20500 22 528 20 47 dross decrease by adjustment in book value of ledger assets viz Collateral loans written off 221394 bonds 10485343 stocks 6168043 168747 80 48 Total disbursements 3408209 04 IVLedger Assets 1 Book value of real estate 1129 229 38 2 Mortgage loans on real estate 10692S46 70 3 Loans secured by pledge of bonds stocks or other collateral 1363483 34 4 Loans made to policyholders on this companys policies assigned as collateral 2723 699 81 5 Premium notes and liens on policies in force 1006651 26 6 Book value of bonds 416507791 and stocks H24 80000 4489877 91 7 Cash in company s office 6623 48 Cash in course of transmission 172598 86 8 Deposits in trust companies and banks not on interest 132101 54 9 Deposits in trust companies and banks on interest 165248 20 Total 476572 08ComptrollerGenerals Beport 607 Less reinsurance fund 12 Total ledger assets 118592 72 357979 36 21763767 76 NonLedger Assets 13 Interest due 74042 and accrued 115 59701 on mortgages 14 Interest accrued 7830667 on bonds 15 Interest accrued 1680778 on collateral loans 16 Interest due 1721733 and accrued 21 22001 on premium notes policy loans or liens 116337 43 78306 67 16807 78 38437 34 Total 249889 22 Less interest accrued on reinsurance fund 2318 21 Total interest and rents due and accrued New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1911 116105 59 295681 51 26 Gross deferred premiums on policies in force December 31 1911 28895 68 311156 36 247571 19 27 Totals 28 Deducting loading 145001 27 86017 55 606837 87 121601 20 29 Net amount of uncollec ted and deferred prem iums 58983 72 485236 67 544220 39 35 Gross assets 22555559 34 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 44 Virginia special depositexcess of deposit over liabilities Admitted assets life department Admitted assets accident department 32450 36 29923 00 62373 36 22493185 98 870100 93 Total admitted assets 23363286 91608 CompteolleeGenebals Eepoet VLiabilities Surplus and Other Funds Net present value of all outstanding policies in force on the 31 day of December 1911 as computed by the State Depart ment on the following tables of mor tality and rates of interest viz 1 Actuaries table at 4 per cent on all policies issued prior to January 1 1911 5570940 36 Same for reversionary additions 124287 60 Total 5695227 96 2 American Experience table at 3 per cent on all policies issued from Dec 31 1900 to January 1 1908 and nonparticipat ing policies issued subsequent to De cember 31 1907 11107230 29 Same for reversionary additions 1159979 26 Total 12267209 55 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 1685825 75 Same for reversionary additions 14691 35 Total 1700517 10 5 Net present value of annuities including those in reduction of premiums viz Actuaries table at 4 per cent 2892 21 American Experience table at 3 per cent 85207 58 88099 79 Total 19751054 40 6 Deduct net value of risks of this company reinusred in other solvent companies 149905 45 149905 45 7 Beserve to provide for health and accident benefits con tained in life policies 31604 94 8 Net reserve 19632753 89 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company 81206 55 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demanded 4172 40 12 Claims for death losses in process of ad justment or adjusted and not due 18452 46 13 Claims for death losses incurred for which no proofs have been received 62933 00CompteolleeGenebals Kepobt 609 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 1529 00 1000 00 168 00 84082 46 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 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 hills and accounts due or acerued 26 Medical examiners fees 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 30 Unpaid dividends to stockholders set aside for dividend payable January 2 1912 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred premiums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportion to deferred dividend policies payable to policyholders during 1912 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 3358 75 42572 14 74168 59 2876 23 3957 81 11874 80 12693 50 66255 00 45000 00 1357 35 75153 20 63615 71 32388 34 41 Liabilities of life department 20756436 77 42 Liabilities of accident department 804600 93 44 Capital stock 100000n 00 46 Total life and accident departments 23363286 91 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 H60 2001067 00 Policies on the lives of citizens of said State issued during the year 100 174433 00 Total 1260 2175500 00610 ComptrollerGenerals Report Deduct ceased to be in force during the year 167 323 449 00 Policies in force December 31 1093 1852051 00 No Amount Losses and claims unpaid December 31 of previous year 1 5100 00 Losses and claims incurred during year 11 17 212 00 Total 12 22312 00 Losses and claims settled during the year 11 21205 00 Losses and claims unpaid December 31 1 1107 00 Premiums collected or secured in cash and notes or credits without any deductions for losses dividends commissions or other expenses Total 6583417 PAN AMERICAN LIFE INSURANCE CO OF NEW ORLEANS LA C H Ellis President Jas L Wright Secretary Principal Office New Orleans Louisiana Hon Wm A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 655830 00 2 Amount of capital subscribed but unpaid 344170 00 Increase of capital during 1912 655830 00 r 7 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 45000 00 2 Loans on mortgage first liens on real estate 74000 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 20732 37 5 Premium notes loans or lions on policies in force of which was received during the year 3490 69 6 Cost value of bonds and stocks excluding accrued interest at time of purchase 511675 00 8 Cash deposited in banks 637738 32 10 Agents ledger balances of which 1217639 was advanced luring the year 9666 ill 13 Total net or ledger assets loss depreciation 1312302 91 Other Assets Total carried out 9375 70 27 Furniture fixtures and salts 10625 13 28 Total assets as per the books of the company 1332303 80CompteolleeGtenebals Repoet 611 Items Not Admitted 2 Furniture fixtures and safes 10625 13 5 Agents balances 19666 53 9Total 3029166 VLiabilities 1 Net present value of all the outstanding policies in force on the 31 day of December 1911 computed according to the American Table of Mortality with 3 per cent interest approximately 226000 00 Suspense 384196 balance due account Louisiana National Life Association Society purchase account 10000000 accrued bills and accounts 600000 total 109841 96 17 Liabilities on polieyholders account irn is ISGross surplus on polieyholders account 19 Total liblliti 1302012 14 PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA PENNSYLVANIA George K Johnson President John Humphreys Sec and Treas Home Office 921 923 and 925 Chestnut StreetPhiladelphia Pa Henry C Bagley Attorney for Service in Georgia ICapital Stock 2 Amount of Ledger assets as per balance December 31 of previous year113905917 51 113905917 51 4 Extended at v IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 2484958 98 6 Surrender values applied to pay first years premiums 18955 27 7 Total first years premiums on original policies 2503914 25 8 Dividends applied to purchase paidup ad ditions and annuities 166509 64 9 Surrender values applied to purchase paid up insurance and annuities 229805 05 10 Consideration for original annuities involv ing life contingencies 502329 05612 ComptrollerGenebals Report 11 Consideration for supplementary contracts involving life contingencies 902 L 02 12 Total new premiums 341157 9 01 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 57 44030 for reinsurance on renewals 14601003 60 14 Dividends applied to pay premiums 1599648 86 16 Surrender values applied to pay renewal premiums 17410 32 17 Renewal premiums for deferred annuities 6252 97 18 Total renewal premiums 16224915 75 19 Total premium income 19636494 76 20 Consideration for supplementary contracts not involving life contingencies 409101 97 21 Dividends left with the company to accumulate at interest 14383 09 23 Gross interest on mortgage loans less 3804133 accrued interest on mortgages acquired during 1911 2447857 61 24 Gross interest on collateral loans 87078 21 25 Gross interest on bonds and dividends on stocks less 4954522 accrued interest on bonds acquired during 1911 1999200 04 26 Gross interest on premium notes policy loans or liens 1028978 48 27 Gross interest on deposit in trust com panies and banks 86083 75 28 Gross interest on other debts due the com pany Bills receivable for premiums etc 10683 61 31 Gross discount on claims paid in advance endowments paid within one year of maturity 458 01 32 Gross vent from companys property in cluding 5400000 for companys occn pancy of its own buildings 111427 88 33 Total gross interest and rents 5SI 1767 59 35 Bonuses on mortgages 127i 89 36 Loss upon Omaha Neb Harris property recovered l5oo 00 Total 14256 89 41 Gross profit on sale or maturity of ledger assets viz Bonds 51782 82 43 Total income 25937787 12ComptrollerGenerals Report 613 IIIDisbursements For death claims less 1000000 reinsur ance 5516430 45 Additions 40898 00 Total For matured endowments Additions 5557328 45 1757003 43 42856 00 10 12 13 14 15 16 17 19 20 21 22 23 24 25 Total Net amount paid for losses and matured endowments For annuities involving life contingencies Premium notes and liens voided by lapse less 1791192 restorations i Surrender values paid in cash or applied in liquidation of loans or notes Surrender values applied to pay new premiums 1895527 to pay renewal premiums 1741032 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 an nuities i Dividends left with the company to accumulate at interest 1799859 43 7357187 88 339521 29 53018 91 2315310 82 36365 59 229805 05 568613 19 1599648 86 166509 64 14383 09 Total paid policyholders Expense in investigation and settlement of policy claims including 473855 for legal expenses Paid for claims on supplementary contracts not involving life contingencies Dividends and interest thereon held on deposit surrendered during the year Commissions to agents less commission on reinsurance First years premiums 107977295 renewal premiums 103163069 annuities original 2214588 re newal 68021 Commuted renewal commissions 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 not included in item 21 Medical examiners fees 12479820 inspection of risks 1831691 Salaries and all other compensation of officers directors trustees and home office employees 5385 73 240652 49 970 50 1229 73 115782 71 866 64 24142 91 117430 30 143115 11 443498 86614 ComptrollerGenerals Keport 26 Rent including 5400000 for companys occupancy of its own buildings 134631 34 27 Advertising 1925171 printing and stationery 46 04156 postage telegraph telephone and express 58 37481 exchange 8733 123755 41 28 Legal expense not included in item 15 14778 90 29 Furniture fixtures and sates 14443 72 30 Repairs and expenses other than taxes on real estate 49734 59 31 Taxes on rea I estate 25909 11 32 State taxes on premiums 271089 40 33 Insurance department licenses and fees 17321 69 34 All other licenses fees and taxes Federal corporation tax 1080121 municipal state licenses compulsory adver tising etc 1216325 taxes on investments 25988403 282848 49 38 Other disbursements investment inspections traveling and other expenses incidental thereto 759305 special mortality investigations 1128147 election expenses 98506 home office expenses supplies etc 3479683 compromise of Kennedy suit etc 251960 suspended bank balance 53085 total 57706 86 45 Agents balances charged off 4581 19 46 Gross loss on sale or maturity of ledger assets viz Bonds 12725 00 47 Gross decrease by adjustment in book value of letlger assets viz Bonds 45683 07 48 Total disbursements 16961648 07 IVLedger Assets 1 Hook value of real estate 1897841 82 2 Mortgage loans on real estate 48427440 75 3 Loans secured by pledge of bonds stocks or other collateral 1587213 48 4 Loans made to policyholders on this companys policies assigned as collateral 17440775 58 5 Premium notes on policies in force of which 4395906 is for first year s premiums 3005325 03 6 Hook value of bonds 4691444488 and stocks 346 12512 47250970 00 7 ash in companys office 8191 35 9 Deposits in trust companies and hanks on interest 2908575 40 Total 2916766 75 10 Bills receivable 22938756 agents balances debit 7 54541 net 754541 236932 97 11 Bills receivable for premiums 108790 18 12 Total ledger assets 122882056 56ComptrollerGenerals Keport 615 13 14 15 16 17 20 21 23 24 NonLedger Assets Interest due 145700 and accrued 829 82168 on mortgages Interest accrued 69417545 on bonds Interest accrued 1879442 on collateral loans Interest due 1375843 on premium notes policy loans or liens Interest due 743 and accrued 338136 on other assets Eents due 24504 and accrued 653894 on companys property lease 831278 68 694175 45 18794 42 13758 43 3388 79 6783 98 Total interest and rents due and accrued 1568179 75 Market value of bonds and stocks over book value 89804 99 Due from other companies for losses or claims on policies 50000 00 New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1911 1587468 51 20 Gross deferred premiums on policies in force December 31 1911 91963 96 1183099 78 27 91963 96 2770568 29 28 20416 00 615066 16 1 29 31 32 35 38 39 40 41 Net amount of uncollee ted and deferred prem iums 71547 96 2155502 13 Checks for annuities issued in advance but not delivered Secured profits on real estate under contracts of sale 2227050 09 8968 38 29236 18 Gross assets 126855295 95 Deduct Assets Not Admitted Agents balances Cash advanced to or in the hands of officers or agents Bills receivable for premiums Premium notes and loans on policies and net premiums in item 29 in excess of the net value of their policies 7545 41 229387 56 108790 18 19128 50616 ComptkollerGenerals Beport 44 Interest on bills receivable 3388 79 Total 368 240 44 46 Admitted assets 126487055 51 VLiabilities Surplus and Other Funds Net present value of all outstanding policies in force on the 31 day of December 1911 as computed by the State De partment 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 47902604 00 Total 47902604 00 2 American Experience table at 3 per cent on all life business issued since January 1 1901 and prior to May 1 1902 11101929 00 Total 11101929 00 3 American Experience table at 3 per cent on all life business issued since May 1 1902 37134497 00 Same for reversionary additions 130JR20 00 Total 38436117 00 5 Net present value of annuities including those in reduction of premiums viz American 3 per cent Table 354115 00 McClintocks 3 per cent Table 3590803 00 3944918 00 Total 101385568 00 5 Deduct net value of risks of this company reinsured in other solvent companies 124688 00 8 Net reserve 101260880 00 9 Present value of amounts nut yel due on supplementary contracts not involving life contingencies computed by the companys actuary 2376 070 00 12 Claims for death losses in process of ad justment or adjusted and not due 408419 08 15 Claims for death losses and other policy claims resisted by the company 4924 74 17 Total policy claims 413343 82 1 Dividends lefl with the company to accumulate at interest and accrued interest thereon 26482 55 ComptbollebGenebals Repoet 617 20 Premiums paid in advance including surrender values so applied 70106 28 21 Unearned interest and rent paid in advance 465938 91 22 Commission due to agents on premium notes when paid 40912 7 2 25 Salaries rents office expenses bills and accounts duo or accrued 5001 56 26 Medical examiners fees 1598800 and legal fees 150000 due or accrued 17488 00 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 619213 41 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred premiums 430300 57 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 3210000 00 33 Dividends declared on or apportioned to deferred divi dend policies payable to policyholders during 1912 576596 47 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 8181529 08 36 Trust deposits 7384 00 37 Special 3 and 3 per cent reserve 3735913 00 38 Matured endowments left with the company at interest 27723 49 40 Matured credits awaiting proof 29140 00 42 Total121494023 86 45 Unassigned funds surplus 4993031 65 46 Total 126487055 51 Business in The State of Georgia During 1911 No Amount Policies on the lives of citizens of said state in force December 31 of previous year 13S75 26005180 00 Policies on the lives of citizens of said state issued during the year 1371 2784195 00 Total 15246 28789375 00 Deduct ceased to be in force during the year 815 1848876 00 Policies in force December 31 14431 26940499 00 No Amount Losses and claims unpaid December 31 of previous year 15 22000 00 Losses and claims incurred during year 152 317917 52 Total 167 339917 52618 ComptrollerGenerals Report Losses and claims settled during the year 157 318517 52 Losses and claims unpaid December 31 10 21400 00 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends commissions or other expenses Total 91792217 PHOENIX MUTUAL LIFE INSURANCE COMPANY OF HARTFORD CONNECTICUT John M Holcombe President Silas H Cornwell Secretary Home Office 49 Pearl Street Hartford Conn Charles S Northen Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 29319397 25 4 Extended at 29319397 25 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses 601690 46 6 Surrender values applied to pay first years premiums 663 02 7 Total first years premiums on original policies 608328 48 8 Dividends applied to purchase paidup ad ditions and annuities 124864 31 9 Surrender values applied to purchase paid up insurance and annuities 104883 45 10 Consideration for original annuities involv ing life contingencies 72792 33 11 Consideration for supplementary contracts involving life contingencies 13874 00 12 Total new premiums 924742 57 13 Renewal premiums in addition to items 14 16 and 17 without deduction for coin missions or other expenses less 40 02688 for reinsurance on renewals 3643973 31 14 Dividends applied to pay renewal pre miums 450886 60 15 Dividends applied to shorten the endowment or premium paying period 6 868 00ComptrollerGenerals Eeport 619 16 Surrender values applied to pay renewal premiums 17858 06 18 Total renewal premiums 4113585 9i 19 Total premium income 20 Consideration for supplementary contracts not life contingencies 21 Dividends left with the company to accumulate 23 Gross interest on mortgage loans less 714103 accrued interest on mortgages acquired during 1911 25 Gross interest on bonds and dividends on stocks less 237376 accrued interest on bonds acquired during 1911 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposit in trust com panies and banks 29 Sums received on debts paid by agents 31 Gross discount on claims paid in advance 32 Gross rent from companys property in cluding 1500000 for companys occu pancy of its own buildings 5038328 54 involving at interest 20429 00 73851 19 958904 48 313901 98 209066 40 13428 42 240 04 385 76 48827 86 33 Total gross 4nterest and rents 35 Mortgage loan commissions received 36 Guarantee of mortgage loans 1544754 94 6298 01 223 78 Total 40 From agents balances previously charged off 41 Gross profit on sale or maturity of ledger assets viz Real estate 609067 bonds 29550 total 42 Gross increase by adjustment in book value of ledger assets viz Bonds 6521 79 5934 90 6386 17 2876 75 43 Total income 6699083 28 IIIDisbursements 1 For death claims 1338340 75 Additions 18149 16 Total 2 For matured endowments less 100000 reinsurance 446593 00 Additions 1858608 1356489 91 Total 465179 3 Net amount paid for losses and matured endowments 1821668 99620 ComptrollerGenerals Eeport 4 For annuities involving life contingencies 18180 19 5 Premium notes and liens voided by lapse 430 80 6 Surrender values paid in cash or applied in liquidation of loans or notes 549358 63 7 Surrender values applied to pay new premiums 603802 to pay renewal premiums 17858 06 total 24490 08 8 Surrender values applied to purchase paidup insurance and annuities 104883 45 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 51632 99 10 Dividends applied to pay renewal premiums 450 886 60 11 Dividend applied to shorten endowment or premium paying period 868 00 12 Dividends applied to purchase paidup additions and an nuities 124864 31 13 Dividends left with the company to accumulate at interest 73851 19 14 Total paid policyholders 3221121 23 15 Expense in investigation and settlement of policy claims including 122123 for legal expenses 1362 83 16 Paid for claims on Supplementary contracts not involving life contingencies 8632 26 17 Dividends and interest thereon held on deposit surrendered during the year 2764 8 37 19 Commissions to agents less commission on reinsurance First years premiums 28005759 renewal premiums 23192854 annuities original 316842 515154 55 20 Commuted renewal commissions 14940 93 22 Agency supervision and traveling expenses of supervisors including compensation for home office supervision 26077 36 23 Branch office expenses including salaries of managers and clerks not included in item 21 161474 75 24 Medical examiners fees 4856410 inspection of risks 579588 5 1359 98 25 Salaries and all oilier compensation of officers directors trustees and home office employees 100809 04 26 Rent including 100000 for companys occupancy of its own buildings 15375 00 27 Advertising 377690 printing and stationery 3900421 postage telegraph telephone and express 1490181 exchange 1009 57813 10 28 Legal expense not included in item 15 2588 10 29 Furniture fixtures and safes 12221 58 30 Repairs and expenses other than taxes on real estate 28040 12 31 Taxes on real estate 5488 40 32 State taxes on premiums 58009 43 33 Insurance department licenses and fees 6550 48 34 All other licesnses feeand taxes Federal corporation tax 1280076 franchise tax 7261895 tax on reserve 306370 publishing 71858 municipal licenses feesComptrollerGenerals Eeport 621 and taxes 229812 state treasurers fees and bonds 14800 total 38 Other disbursements Home office traveling expenses 2 70521 miscellaneous expenses 2239783 mortgage loan expenses 269777 commissions paid on loans 1571028 total 46 Gross loss on sale or maturity of ledger assets viz Real estate 50800 bonds 1052416 total 47 Gross decrease by adjustment in book value of ledger assets viz Real estate 2740489 bonds 731200 91708 12 43511 09 11032 16 34716 89 48 Total disbursements 4567641 77 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate 4 Loans made to policyholders on this companys policies assigned as collateral 5 Premium notes on policies in force 6 Book value of bonds 633900725 and stocks 37361500 7 Cash in companys office 474 68 9 Deposits in trust companies and banks on interest 719943 00 19186232 73 4178857 87 93673 06 6712682 25 551987 67 Total 10 Agents balances 12 Total ledger assets 552462 35 6987 50 3145083876 NonLedger Assets 13 Interest due 906562 and accrued 384 42582 on mortgages 14 Interest accrued 4678979 on bonds 16 Interest due 1714364 and accrued 4 99984 on premium notes policy loans or liens 17 Interest due 393491 44 46789 79 22143 48 5 56 21 Total interest and rents due and accrued 22 Market value of real estate over book value 93 Market value of bonds and stocks over book value 462430 27 6500 00 2522 35 New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1911 17277 23 231113 72622 COMPTROLLERGrENERAL s REPORT 26 Gross deferred premiums on policies in force December 31 1911 39591 92 27 Total i 28 Deduct loading 56869 15 13801 73 237628 97 468742 69 103930 45 29 Net amount of uncollec ted and deferred prem iums 43067 42 364812 24 407879 66 35 Gross assets 32330171 04 Deduct Assets Not Admitted 38 Agents debit balances gross 6987 50 41 Premium notes and loans on polices and net premiums in item 29 in excess of the net value of their policies 1059 00 Total 8046 50 46 Admitted assets 32322 124 54 VLiabilities Surplus and Other Funds Net present value of all outstanding policies in force on the 31 day of December 1911 as computed by the Company on the following tables of mortality and rates of interest viz 1 Actuaries table at 4 per cent on policies issued prior to January 1 1901 16593406 00 Same for reversionary additions 607901 00 Total 17201367 00 2 American Experience Table at 3 per cent on participating policies issued after Jannary 1 1901 and all 19078910 and 1911 issue and extended insurance 11028189 00 Same for reversionary additions 334753 00 Total 11362942 00 3 American Experience table al 3 per cent on nonparticipating policies issued for years 19011906 924020 00 Ttal 92402000 4 Extra reserve on policies where dividends have been applied to shorten the endowComptrollerGenerals Eeport 623 ment or premium paying period valued by American Experience table at 3 per cent Total Net present value of annuities including those in reduction of premiums viz McClintocks Annuity Table 3 per cent 4 Present value of amounts used in reduction of premiums American 3 per cent 210 00 293004 00 24580 00 21000 00 317044 00 Total 0 Deduct net value of risks of this company reinsured in other solvent companies 131350 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company at 3 per cent interest 10 Liability on policies cancelled and not included in net reserve upon which asurrender value may be demanded 12 Claims for death losses in process of ad justed and not duei 9769 00 13 Claims for death losses incurred for which no proofs have been received 00000 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 Unearned interest paid in advance 23 Commissions to agents due and accrued 25 Salaries rents office expenses bills and accounts due or accrued 20 Medical examiners fees 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred premiums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 33 Dividends declared on or apportioned to deferred dividend policies payable to policyholders during 1912 29695089 00 47495 00 14789 00 67709 00 170030 10 25015 31 105004 21 8535 17 2428 17 4081 00 01315 29 52085 03 750788 03 33133 52624 ComptrollerGenerals Report 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 69 658 09 36 Contingent deferred term dividends 16 920 83 38 Reserve for special paidup optiou 5 000 00 44 Unassigned funds surplus 1 3 4 Total 32322124 54 Business in The State of Georgia During 1911 N Amount Policies on the lives of citizens oil said State in force December 31 of previous year 829 t 2000814 on Policies on the lives of citizens of said Stale issued during the year 212 535602 00 Total ion 2536415 00 Deduct ceased to lie in force during the year 52 105089 oil Policies in force December 31 nvi 2431327 00 No Amount Losses and claims during the year 9 20628 02 Total 9 20628 02 Losses and claims settled during tin year l 20628 02 Premiums collected or secured in cash ami notes or credits without any deduction for losses dividends commissions or other expense Total 7479049 PITTSBURGH LIFE TRUST CO OF PENNSYLVANIA Y c Baldwin President las II Mahan Secretary Principal Office Libert Ae and fist St Pittsburgh Pa I I Jackson Atlanta Attorney for Service in leorgia ICapital Stock 1 Amount of capital lock paid up in cash 1000000 no Ainouni of nei or ledger assets December 111 of previous year ji i7 Is 68 I Extended at 23037948 68 IIincome During Year 1911 1 Cash received for premiums on new poli without deductions for commissions or other expenses 323787 81ComptrollerGenerals Eeport 625 1 Cash received for renewal premiums without deductions for commissions or other expenses 3 From dividends applied to pay running premiums 3From dividends applied to purchase paidup additions and annuities 4 From surrender values applied to pay running premiums 4 From surrender values applied to pur chase paidup insurance and annuities 5 Consideration for annuities other than matured installment policies 2284754 98 17399 72 36439 12 23760 70 41160 00 311 54 Total 2727613 87 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 89750 renewals 346080 total 4358 30 7 Total premium income 8 Cash received for interest on mortgage loans 29704436 collateral loans 59275 total 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the com pany viz Banks 782395 supplementary contracts 792000 total 12 Cash received as discount on claims paid in advance none dividends left with company 13 Cash received for rents for use of companys property including 1930625 for companys own occupancy 14 Cash received for profits on sales of bonds or stocks 16 From dividends and surrender values on reinsuranre none account of Dist on bonds 17 Agents balances 25553 agents balances charged off 677530 suspense account 43870 total 18 Money borrowed none health and accident receipts 437217 profit and loss 44336 total 19 From all other sources viz Surrender values due unpaid 2723255 57 297637 11 200260 70 209054 43 15743 95 6979 17 497398 21 1491 67 8374 09 7469 53 4815 53 83 71 Total income 3972563 67 IIIDisbursements for the Year 1911 1 Cash paid for death claims including re visionary additions 1248928 99 626 ComptrollerGenerals Eeport 3 Gash paid for matured endowments and additions thereto Total 572017 82 1820946 81 9 10 I 1 12 13 14 15 16 17 18 19 20 21 22 23 24 2fi 26 27 28 29 Total net amount actually paid for losses and matured endowments 1820946 SI Cash paid to annuitants 30032 72 Dividends left with eompany at interest 6979 17 Cash dividends paid policyholders 158088 91 Cash dividends applied to pay running presiums 17399 72 Cash dividends applied to purchase paidup additions and annuities 36439 12 Surrender values paid in cash 731744 rL Surrender values applied to pay running premiums 23760 70 Surrender values applied to purchase paidup insurance and annuities 41160 00 Total paid policyholders 2866552 07 Cash paid stockholders for interest on dividends 100000 00 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 6620605 renewals 8753835 total 1537 11 40 Cash paid for salaries and allowances to managers and agents 551106 supervision and traveling expenses 5344644 total 58957 50 Cash paid for medical examiners fees 1063597 in spection of risks 125016 total 118S6 13 ash paid for salaries and all other compensation of officers and other home office employees 104516 69 Cash paid for taxes on new premiums and on renewals 2318355 B O Exp 957843 total 32761 9S Cash paid for taxes on capital stock 653398 on real estate 8977825 total 96312 23 ash paid for insurance department fees and agents licenses 567780 federal corporation tax 397575 total 9653 55 ash paid for rent including 1930626 companys occu pancy less 17200 received under sublease 25618 93 Cash paid for commuting commissions none loss sab real estate 48400 bonds and stocks 1294534 toial 11429 34 Dividend and interest surrendered 3 324 91 Cash paid for advertising fl7S6iiS printing 908213 postage telegraph etc 1573061 total 40599 42 paid for real estate expenses other than taxes 11848069 for legal expenses 1228199 total 130762 68 Cash paid for the following items viz Health and accident disabilities 110797 interest mortgage 12 04892 general expenses 682406 profit and loss 739391 suspense account 1909 paid 1910 299S7ComptrollebGeneeals Eepoet 627 deposit on lease applied to Tents 750000 commission sale real estate 2500000 decrease book value real estate 346859 decrease book value bonds 1 94262 paid for claims supplementary contracts 6 57000 expense settlement claims 54332 total Total miscellaneous expenses 858267 02 76699 26 30 Total disbursements 3724819 09 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other mar ketable collaterals 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Agents ledger balances AYashington Life Insurance Co stock 2488700 contin gent reversion 570000 total 7082697 99 7374787 00 3000 00 88112 17 4376138 62 3009 88 302455 08 588 69 30587 00 11 Total net or ledger assets as per balance above 23285693 26 12 Deduct depreciation from cost of assets to bring same to market value 105720 62 13 Total net or ledger assets less depreciation 23179972 64 Other Assets 14 Interest due 2270124 and accrued 55 30474 on mortgages 15 Interest accrued on bonds and stocks 17 Interest due 2572324 and accrued 2304379 on premiums notes loans or liens 19 Rents accrued on companys property or lease Total carried out 20 Market value of real estate over cost 78005 98 51329 25 48767 53 5708 24 183811 00 448108 06 New Business 23 Gross premiums due and unreported on policies in force December 31 1911 Renewals 5261 92 120401 44628 ComptrollerGenerals Eeport 24 Gross deferred premiums on policies in force Decem ber 31 1911 10549 78 199455 72 Total 25 Deducting loading 52 per cent on new and 191 per cent on re newals 15811 70 319857 16 8222 09 61171 00 26 Net amount of uncollected and deferred premiums 7589 61 258686 16 266275 77 28 Total assets as per the books of the company 24078167 47 Items Not Admitted 5 Agents balances i Premium notes and loans excess not value item 29 7 Washington Life Insurance Co stock 588 69 6809 52 24887 00 Total 5 2I 9 Total assets less items not admitted 2404o822 2li VLiabilii ies 1 Net present value of all the outstanding policies in force on the 1st day of December 4911 computed according to The Actuaries Table of Mortality with four per cent interest by Phila delphia Insurance Department 21140723 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 7195 on Net reinsurance reserve Claims for death hisses due and unpaid 4 Claims for matured endowments ilne and unpaid 5 hums for death losses and matured en dowments in process of adjust inent or adjusted and net due 21133530 00 17786 05 2UI25 25 uoTiiii 93 Total policy claims 10 Amount of all unpaid dividends of surplus or oth description of profits due policyholders 11 Reserve health and accident life policies 21 1972 2 17262 42 2503 noComptrollerGeneral s Eeport 629 12 Amount of national State or other taxes due 6279089 present value supplementary contracts 7647100 total 13 Amount due on account of salaries rents and office ex penses 512174 liability policy cancelled 523600 total 14 Interest due or accrued and rent paid in advance 15 Dividend and unpaid supplementary contracts Amount of any other liability of the company viz Premiums paid in advance 2018606 commissions to agents due 1128400 medical examiners and legal fees 184650 extra reserve total Abs class 7 88800 death claims less reserve notices received since December 31 1911 3698000 surrender values due and unpaid 63258 extra reserve for surrender value excess reserve 1752100 suspense account 43870 health and accident claims pending 500000 total 16 139261 89 10327 74 92166 91 250 00 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities 20 Estimated surplus accrued on tontine and other policies the profits upon which are especially reserved for that class of policies 101776 93 21742051 12 2303771 14 24045822 26 28010 11 VIPremium Note Account 90344 69 1 Premium notes loans or liens on hand December 31 of previous year 2 Premium notes loans or liens received during the year on old policies Revival 18372 5 24 24 Total Deductions during the year as follows 3 Amount of notes loans or liens used in payment of losses and claims 1851 I I Amount of notes loans or liens used in purchase of surrendered policies 3738 6 5 Amount of notes loans or liens redeemed by maker in cash 15032 86 108741 46 Total reduction of premium note account Balance note assets at end of the year 20629 29 88 112 17630 ComptrollerGenerals Eeport 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 31st of previous year 636 1196084 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 169 565906 00 Total 805 1761990 00 Deduct number and amount which have ceased to be in force during the year Ill 371023 00 Total number and amount of policies in force in Georgia December 31 191 694 1390967 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31st of previous year 4 962 00 Amount of losses and claims on policies in Georgia incurred during the year 21 23 061 50 Total 25 24023 50 Amount of losses and claims on policies in Georgia paid during the year 23 22923 50 What amount of premiums was collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Cash 4011259 PROVIDENT LIFE ACCIDENT INSURANCE COMPANY OF CHATTANOOGA TENNESSEE Thomas Maclellan President Robt J Maclellan Secretary Principal Office Chattanooga Tenn William A Wright 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 24778 34 Extended at m 174778 34 IIIncome During Year 1911 7 Total premium income 308915 72 8 Cash received for interest on mortgage loans 2272 36 9 Cash received for interest on bonds owned and dividends on stock 2940 00ComptrollerGenerals Beport 631 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 19 Prom all other sources viz Weeklypremium department 10 00 580 00 50241 24 Total income IIIDisbursements for the Year 1911 1 Cash paid for death and disability claims 112944 77 7 Total net amount actually paid for losses and matured endowments 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 1764179 renewals 10314156 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 20 Cash paid for salaries and all other compensation of officers and other home office employees 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 61180 printing 447541 total 28 Cash paid for legal expenses 29 Cash paid for the following items viz Traveling ex pense 614244 agents balances charged off 38790 miscellaneous expense at home office and 35 branch agencies 334730 total 364959 32 30 Total disbursements IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estatei 3 Loans secured by pledge of bonds stocks or other mar ketable collaterals 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 the year less 13190 credit Accounts receivable Furniture and fixtures Premiums in Course of collection 112944 77 4000 00 120783 35 28534 85 1665 25 18722 57 2865 69 2245 38 557 76 5087 21 1509 11 3735 20 308793 58 57800 00 5000 00 79800 00 22810 15 52125 00 839 10 569 83 1000 00 11000 00 11 Total net or ledger assets as per balance above 230944 08632 ComptrollerGeneral s Beport Other Assets 14 Interest accrued on mortgages 967 25 15 Interest accrued on bonds and stocks 100 00 16 Interest accrued on collateral loans 122 50 18 Interest accrued on other assets viz 1070000 bank deposit 321 00 Total carried out 28 Total assets as per the books of the company Items Not Admitted 2 Furniture fixtures and safes 7 Bills receivable 1000 00 49500 00 Total 9 Total assets less items not admitted VLiabilities 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 6 Claims for death losses and other policy Claims resisted by the company Fifty per cent of unearned premiums in course of collection Commissions to agents on premiums and new business 1150 20 241 50 5500 00 2750 00 Total policy claims 13 Amount due on account of salaries rents and office expenses 16 Amount of any other liability of the company viz Amount taxes on 1911 collections to States etc 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Capital paid up in cash Total liabilities Business in the State of Georgia During the Year No Number and amount of policies on the lives of citi zens of Georgia in force December 31st of previous year 214 1510 75 232454 83 50500 00 181954 83 9641 70 500 00 2409 00 12610 70 193 II I 150000 00 181954 83 Amount 55640 00ComptbollebGenebals Kepobt 633 Number and amount of policies on the lives of citi zens of Georgia issued during the year 1755 456280 75 Total 1969 5119275 Deduct number and amount which have ceased to be in force during the year796 466963 45 Total number and amount of policies in force in Georgia December 31 1911 8 44957 30 No Amount Amount of losses and claims on policies in Georgia incurred during the year 419 2646 47 Amount of losses and claims on policies in Georgia paid during the year 419 2646 47 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 731763 THE PRUDENTIAL INSURANCE CO OF AMERICA NEWARK N J Forrest F Dryden VicePresident Edward Gray Secretary Home Office 755 to 769 Broad Street Newark New Jersey J M Skinner 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 220551180 76 4 Extended at 220rr 11 SO 76 IIIncome 5 First years premiums on original policies without deuuction for commissions or other expenses less 323594 for first years reinsurance 6 Surrender values applied to pay first years premiums ordinary 3527605 55 515 89 7 Total first years premiums on originI policies ordinary 352812144 8 Dividends applied to purchase paidup ad ditions and annuities ordinary 86028 39 9 Surrender values applied to purchase paid up insurance and annuities ordinary 433853 81634 ComptrollerGenerals Eeport 10 Consideration for original annuities involv ing life contingencies 248198 29 11 Consideration for supplementary contracts involving life contingencies 17278 10 12 Total new premiums ordinary 4 313 480 03 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 152 71408 for reinsurance on renewals 21473411 32 14 Dividends applied to pay renewal prem iums ordinary 418848 62 16 Surrender values applied to pay renewal premiums ordinary 3083 82 17 Renewal premiums for deferred annuities 2265 18 18 Total renewal premiums ordinary 21897608 94 18a Total premium income ordinary 26211 088 97 18b Industrial premiums Cash 42011442 05 Surrenderer values applied to purchase paid up insurance and annuities 1 990273 89 Dividend applied to pay renewal premiums 1040124 27 Dividends applied to purchase paidup ad ditions and annuities 11210 89 44053051 10 19 Total premium income 70264 140 07 20 Consideration for supplementary contracts not involving life contingencies 248326 18 23 Gross interest on mortgage loans less 3822506 accrued interest on mortgages acquired during 1911 2614395 01 24 Gross interest on collateral loans 149036 49 25 Gross interest on bonds and dividends on stocks less 24727464 accrued interest on bonds acquired during 1911 5875445 41 26 Gross interest on premium notes policy loans or liens 869030 97 27 Gross interest on deposit in trust com panies and banks 210571 44 28 Gross interest on other debts due the com pany On purchase price of property sold under contract 525 00 On revivals and changes in premiums 8995 29 On agents indebtedness 2766 63 On advances account of loans recovered under foreclosure proceedings 62 96ComptrollerGenerals Report 635 32 Gross rent from companys property in cluding 65623170 for companys occu pancy of its own buildings 1056772 34 33 Total gross interest and rents 34 From other sources Conscience fund 41 Gross profit on sale of maturity of ledger assets viz Real estate 1247945 bonds 3223582 total 10787601 54 3 00 44715 27 43 Total income 81344786 06 IIIDisbursements 1 Tor death claims less 4740900 reinsur ance 1825780930 additions 213 02093 18470830 23 2 For matured endowments 61162173 additions 831500 619936 73 3 Net amount paid for losses and matured endowments 4 For annuities involving life contingencies 8 Surrender values paid in cash or applied in liquidation of loans or notes 7 Surrender values applied to pay new premiums 51589 to pay renewal premiums 308382 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 19090766 96 100594 97 2740829 82 3599 71 1424127 70 2162283 32 1458972 89 97239 28 14 Total paid policyholders 15 Expense in investigation and settlement of policy claims including 1410246 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 premium ordinary 130281697 renewal premiums ordinary 80333885 annuities original 1238690 renewal 11390 industrial 8227 15108 21 Compensation of managers and agents not paid by com mission fer 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 27078414 65 36136 40 60424 16 200000 00 10345807 70 28504 63 316001 65 3397404 59636 ComptrollerGenerals Report 24 Medical examiners fees 81240600 inspection of risks 6263627 875102 27 25 Salaries and all other compensation of officers directors trustees and home office employees 2500781 20 26 Rent including 65623170 lor companys occupancy of its own buildings less 215725 received under sublease 1029762 50 27 Advertising 6443031 printing and stationery 296 55557 postage telegraph telephone and express 187 39074 exchange 11266 548489 28 28 Legal expense not included in item 15 51178 44 29 Furniture fixtures and safes 55450 65 30 Repairs and expenses other than taxes on real estate 296844 54 31 Taxes on real estate 257757 13 32 State taxes on premiums 966644 23 33 Lnsurance department licenses and fees 35597 71 34 All other licenses fees and axes 35 Life insurance excise tax Massachusetts 16844 47 36 Federal corporation tax 92999 27 37 Mew Jersey State tax on surplus 180916 97 Municipal taxes and licenses 861034 62 City and county taxes on premiums 3652 45 Local licenses and privilege taxes 8553 48 Total 1164001 26 38 Other disbursements 39 Law libraries 3081 40 40 Expenses of annual audit by public account ants 9000 00 41 Expense of examination by New Jersey state department 1534 50 42 Sundry general expenses 190795 70 43 Premiums on surety bonds 2567 10 44 Investment expense account 20945 26 Legislative expenses 9914 49 Compensation and expenses of medical referees 2252 00 Sick disabled and inactive agents and clerks 45564 18 Total 285654 63 46 Gross loss on sale or maturity of ledger assets viz Real estate 1002202 bonds 1114945 total 21171 47 48 Total disbursements 49551132 09 IVLedger Assets 1 Book value of real estate 18111451 34 2 Mortgage loans on real estate first liens 57191010 14 3 Loans secured by pledge of bonds stocks or other collateral 2721500 00ComptrollerGenerals Eepoet 637 4 Loans made to polieyholders on this companys policies n 11 ii 15494361 4s assigned as collateral 5 Premium notes on policies in torce tQv 6 Book value of bonds 14465598188 and stocks 2967 14762502b do 6825 15 7a Cash in transit from branch offices 175115 64 8 Deposits in trust companies and banks not on interest 679774 59 9 Deposits in trust companies and banks on interest 8115690 49 04450 7 Cash in companys office Total 10 Agents balances debit 1977305 87 771 66 12 Total ledger assets 252344834 73 NonLedger Assets 1116556 68 1925699 19 28445 29 13 Interest due 6057128 and accrued 1 09598540 on mortgages 14 Interest accrued 192569919 on bonds 15 Interest accrued 2844529 on collateral loans 16 Interest due 11403639 and accrued 284 18 on premium notes policy loans 114320 57 or liens 17 Interest due 69786 and accrued 2513 on other assets Interest due on bank balances Interest accrued on purchase price of prop erty sold under contract 20 RentsInc 131897 and accrued 1215217 on companys property or lease 697 86 25 13 13471 14 21 Total interest and rents due and accrued 3239215 86 New Business Renewals 25 Gross premiums due and unreported on policies in force December 31 1911 26 Gross deferred premiums on policies in force December 31 1911 77925 36 1345025 52 329 04 3674180 40 27 Totals ordinary 28 Deduct loading ordinary 95450 44 636254 40 5019205 92 883520 39638 ComptbolleeGenerals Repoet 29 Net amount of uncollee ted and deferred prem iums ordinary 540803 90 4135685 53 29a Net amount of uncolleoted premiums industrial gross 42378280 deduct loading 17990289 30 All other assets Stationery and printed matter Furniture fixtures and safes Law libraries 4676489 49 243879 97 10000 00 50000 00 9027 46 35 Gross assets 260573447 51 Deduct Assets Not Admitted 37 Supplies stationery printed matter 10 00000 furniture fixtures and safes 5000000 38 Agents debit balances gross 39 Law libraries 43 Book value of ledger assets over market value 60000 00 771 00 9027 40 1078670 38 Total 1748409 50 46 Admitted assets 258824978 01 VLiabilities Surplus and Other Funds Net present value of all outstanding policies in force on the 31 day of December 1011 as computed by the company on the following tables of mortality and rates of interest viz 1 Actuaries table at four per cent on policies prior to January 1 1901 except as provided for in items 5 and 10 78719093 00 Same for reversionary addil ions 244005 00 Total 78903158 00 2 American Experience table at three per cent on policies issued after December 31 1900 and prior to Augusl 1 1907 ex cept as provided for in items 4 5 and 10 8436334 1 00 Same for reversionary additions 280543 00 Total S4043884 00 i American Experience table at three and onehalf per cent on ordinary policies issued after duly 31 1907 except as provided for in items 4 5 and 10 16974841 00 Total 16974841 00ComptbollebGteneeals Repobt 639 4 Other tables and rates viz New York Standard Industrial table at 3 per cent on industrial policies issued after December 31 1906 except as pro vided for in item 10 15756976 00 New York Standard Intermediate table at 312 per cent on intermediate inter mediate rating and hazardous rating policies issued after July 31 1907 3300851 00 Liability on account of extra premiums for occupation residence etc 27044 00 Total 1908487100 5 Net present value of annuities including those in reduction of premiums viz Actuaries table at 4 per cent on original annuities issued prior to January 1 1901 and annuities supplemental to insurance issues in same period 225503 00 American Experience table at 3y2 per cent on original annuities issued after Decem ber 31 1900 and prior to January 1 1907 and annuities supplemental to in surance issues after July 31 1907 247159 00 American Experience table at 3 per cent on insurance element of issues after December 31 1900 and prior to August 1 1907 and annuities supplemental to insurance issues in same period 36274 00 McClintoeks tables at three and onehalf per cent on original annuities issued after December 31 1906 618621 00 Total W557 00 Special reserve to make total reserve equal net reserve according to Massachusetts standard ivbvoii Total 201883882 00 6 Deduct net value of risks of this company reinsured in other solvent companies 201173638 00 8 Net reserve 9 Present value of amounts not yet due on supplementary contracts nol involving life contingencies computed by the assumption of interest rates as follows On partici pating policies issued prior to 1901 four per cent on nonparticipating policies issued prior to 1901 or after July 31 1907 and on income policies three and onehalf per cent on all other policies three per cent 795580 19640 ComptrollerGeneral s Report 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be demanded 425692 00 12 Claims for death losses in process of ad justment or adjusted and not due 307411 14 13 Claims for death losses incurred for which no proofs have been received 806413 98 14 Claims for matured endowments due and unpaid 16745 25 15 Claims for death losses and other policy claims resisted by the company 88577 05 16 Due and unpaid on annuity claims involv ing life contingencies 45 00 17 Total policy claims 1219192 42 18 Due and unpaid on supplementary contracts not involving life contingencies 1435 00 20 Premiums paid in advance including surrender values so applied 759633 15 21 Unearned interest and rent paid in advance 460711 97 22 Commissions due to agents on premium notes when paid 2659 11 23 Commissions to agents due or accrued 17802 35 25 Salaries rents office expenses bills and accounts due or accrued 98359 88 26 Medical examiners fees 14142130 inspection of risks 448927 and legal fees 1070170 due or accrued 156612 27 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 1885092 79 30 Unpaid dividends to stockholders 200000 00 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred premiums Annual dividend policies 3092077 deferred dividend policies 9827470 nonparticipat ing policies 28470317 413898 64 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 whether contingent upon the payment of renewal premiums or otherwise 337090 00 33 Dividends declared on or apportion to deferred dividend policies palable to policyholders during 1912 4002414 00 33a Dividends declared on or apportioned to nonparticipating industrial policies payable to policyholders during 1912 410640 00 34 Amounts set apart apportioned provisionally ascertained calculated declared or held awaiting apportionment upon deferred dividend policies not included in item 33 24817182 51 35 Reserve special or surplus funds not included above Special reserve set aside prior to 1899 to prepare for a more stringent basis of reserve on industrial policies 1000000 00 40 Surrender values due and unpaid 71 82ComptrollerGenerals Eeport 641 41 Amount including costs decreed to stockholders by the Chancellor of the State of New Jersey Resisted by the company Case now pending on appeal before the Court of Errors and Appeals of the State of New Jersey 2510890 50 240688598 60 44 Capital stock 2000000 00 45 TJnassigned funds surplus 16136379 41 46 Total258824978 01 Business in The State of Georgia During 1911 No Amount Policies on the lives of citizens of said State in force December 31 of previous year 5966 12161039 00 Policies on the lives of citizens of said State issued during the year 784 1895344 00 Total 6750 14056383 00 Deduct ceased to be in force during the year 354 783492 00 Policies in force December 31 8396 13272891 00 No Amount Losses and claims unpaid December 31 of previous year 8 19000 00 Losses and claims incurred during year 66 178905 87 Total 74 197905 87 Losses and claims settled during the year 66 154805 87 Losses and claims unpaid December 31 8 43100 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 Total 40136414 RELIANCE LD7E INSURANCE COMPANY OF PITTSBURGH PA J H Reed President H G Scott Secretary Principal Office 5th Ave and Wood St Pittsburgh Pa J H Pearce Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 1000000 00642 ComptrollerGenerals Report Amount of net or ledger 31 of previous year assets December 2958936 65 Extended at 2958936 65 IIIncome During Year 1911 1 Cash received for premiums on new poli cies without deductions for eommis sions or other expenses 1 Cash received for Tenewal premiums without deductions for commissions or other expenses 314 From dividends applied to purchase paidup additions and annuities 5 Consideration for annuities other than matured installment policies 419974 26 628497 20 3325 78 5564 75 Total 1057361 99 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 8 25145 renewals 1455151 total 22802 96 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received for interest on premium notes loans or liens 11 Cash received for interest on other debts due the com pany 13 Cash received for rents for use if companys property 14 Cash received for profits on sales of bonds or stocks 13 ash received for rents from use of companys property companies and banks 1034559 03 51185 70 68862 91 18459 41 1031 88 53 68 4364 77 53 68 3291 39 Total income 1181808 77 HIDisbursements for the Year 1911 1 14908 12 1 Cash paid for deatli claims including re visionary additions 2 Premium notes loans or liens used in payment of the same 5587 10 Total 150495 22 0 Deduct amount received from other com panies for losses or claims on policies of this company reinsured 4509 00 7 Total net amount actually paid for losses and matured endowments 145986 22ComptrollerGenerals Eeport 643 8 Gash paid to annuitants 700 00 9 Premium notes loans or liens voided by lapse 12661 35 10 Cash dividends paid policyholders 5374 70 12 Cash dividends applied to purchase paidup additions and annuities 3325 78 13 Surrender values paid in cash 51442 31 Total paid policyholders 219490 36 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 27239741 renewals 2657214 total 298909 55 18 Cash paid for salaries and allowances to managers and agents 199785 24 19 Cash paid for medical examiners fees 4581693 in spection of risks 852238 total 54339 31 20 Cash paid for salaries and all other compensation of officers and other home office employees 79778 31 21 Cash paid for taxes on new premiums 9865 53 23 Cash paid foT insurance department fees and agents licenses 16838 44 24 Cash paid for rent 20838 00 26 Cash paid for furniture fixtures and safes for home and agency offices 12453 54 27 Cash paid for advertising 53233 12 28 Cash paid for real estate for legal expenses 3977 34 29 dash paid for the following items viz General 6 17802 agents balances charged off 1037126 de crease in book value of bonds 80595 total 17355 23 30 Total disbursements 986923 97 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 4652 54 2 Loans on mortgage first liens on real estate 891300 00 3 Loans secured by pledge of bonds stocks or other mar ketable collaterals 800 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 199558 07 5 Premium notes loans or liens on policies in force 159189 74 6 Cost value of bonds owned excluding accrued interest at time of purchase 1656615 65 7 Cash in companys office 13107 42 8 Cash deposited in banks 75375 33 9 Bills receivable 12292 97 10 Agents ledger balances net 135929 73 Judgment of record 5000 00 11 Total net or ledger assets as per balance above 3153821 45C44 ComptrollerGenerals Beport Other Assets 14 Interest due 48000 and accrued 12 28062 on mortgages 12760 62 L5 Interest accrued on bonds 13614 63 17 Interest accrued on premiums notes loans or liens 3930 85 18 Interest on bank balances 211 04 Total carried out 30517 74 Now Business 23 Gross premiums due and unreported on policies in force December 31 1911 26682 75 Renewals 151516 52 Totals 26682 75 151516 52 25 Deducting Loading 20 per cent on new and 20 per cent on renewals 5336 55 30303 30 20 Net amount of uncollected and deferred premiums 21346 20 27 Furniture fixtures and safes 121213 22 142559 42 49995 43 28 Total assets as per the boohs of the company 3376894 04 tems Not Admitted 2 Furniture fixtures and safes 49995 13 5 Agents balances 140291 14 7 Pills receivable 12292 97 Total 9 Total assets less items not admitted VLiabilit ies I Net present value of all the outstanding policies in force on the 31st day of December computed according to American Table 3 and 3M 1869163 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 12349 00 202579 54 3174314 50 Net reinsurance reserve 1856 814 00 3 Claims for death losses incurred for which no proofs were received 18500 00 Total policy claims 18500 00ComptrollerGenerals Report 645 12 Present value of amounts not yet due on supplementary contracts 13 Amount due on account of salaries rents and office ex penses 16 Amount of any other liability of the company viz Premiums paid in advance 213828 medical and legal fees 400500 unearned interest on policy loans 3 26804 commissions due 318379 total 10213 25 949 76 12595 11 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities ViPremium Note Account 1 Premium notes loans or liens on hand December 31 of previous year 137947 66 2 Premium notes loans or liens received during the year on old policies 12727 1 5 3 Restored by revival of policies 302 29 1899072 12 1275242 38 3174314 50 Total Deductions during the year as follows 4 Amount of notes loans or liens used in payment of losses and claims 5 Amount of notes loans or liens used in purchase of surrendered policies 6 Amount of notes loans or liens voided by lapse 7 Amount of notes loans or liens redeemed by maker in cash 265523 10 5587 10 14907 97 12061 06 73777 23 Total reduction of premium note account 106333 36 Balance note assets at end of the year 159189 74 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 31st of previous year 990 1017495 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 392 594500 00 TotaI 1382 2211995 00 Deduct number and amount which have ceased to be in force during the year 110 249779 00 Total number and amount of policies in force in Georgia December 31 1911 1272 1962216 00646 ComptrollerGenerals Report No Amount Amount of losses and claims in Georgia incurred dur ing the year 4 6500 00 Total 4 6500 00 Amount of losses and claims on policies in Georgia paid during the year 3 4000 00 What amount of premiums was collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses 7262234 RESERVE LOAN LIFE INSURANCE CO OF INDIANAPOLIS INDIANA Chalmers Brown President v K Bellis Secretary Principal Office 900 Odd Fellow Hldg Indianapolis Ind 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 2242855 02 Extended at 2242855 02 IIIncome During Year 1911 I Cash received for premiums on new poli cies without deductions for commis sions 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 renewal premium 3 From dividends applied to pay running premiums 3 From dividends applied to purchase paidup additions and annuities I Prom surrender values applied to pay running premiums Ij from surrender values applied to pur chase paidup insurance and annuities 202053 96 396517 12 32869 53 499 03 3 26 1152 98 5706 69 Total 638802 57ComptroleebGtenekal s Eepoet 647 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 36285 renewals 4636 total 409 21 7 Total premium income 8 Cash Toceived for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash received foT interest on premium notes loans or liens 11 Cash received for interest on other debts due the company 17 Premium notes loans or liens restored by revival of policies 19 From all other sources viz Suvivorship dividend 62000 suspense account 2520 part payments 161 consideration for supplementary contracts not involv ing life contingencies 179000 total 638393 36 58167 67 578 00 51172 51 1672 15 4212 09 2436 81 Total 2999487 61 TITDisbursements for the Year 1911 92058 73 1 Cash paid for death claims including re visionary additions 2 Premium notes loans or liens used in payment of the same 7181 59 5 Gash paid for sums falling due during the year on installment policies 50 00 Total 99290 32 7 Total net amount actually paid for losses and matured endowments 9 Premium notes loans or liens used in purchase of sur rendered policies 5460751 voided by lapse 403210 total 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 pmchase paidup insurance and annuities Total paid polieyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 16831984 renewals 978153 total 99290 32 58639 61 85 97 499 03 3 26 4668 93 1152 98 5706 69 170046 79 178101 37648 ComptrollerGenerals Report 18 Cash paid for salaries and allowances to managers and agents 17251 22 19 Cash paid for medical examiners fees 2195900 in spection of risks 373355 total 25692 55 20 Cash paid for salaries and all other compensation of officers and other home office employees 64955 18 21 Cash paid for taxes on new premiums 295287 on renewals 196860 total 4921 47 22 Cash paid for taxes on investments 1090 64 23 Cash paid for insurance department fees and agents licenses 388770 municipal licenses 17500 total 4062 70 24 Cash paid for rent including 612000 companys occu pancy 6120 00 26 Cash paid for furniture fixtures and safes for home and agency offices 846 39 27 Cash paid for advertising 398082 printing 564241 total 9623 23 28 Cash paid for real estate for legal expenses 1545 70 29 Cash paid for the following items viz Expense of investigation and settlement of policy claims 11435 paid for claims not involving life contingencies 23 31284 postage telegraph telephone and express 420837 federal corporation tax 11176 general traveling expenses 1009534 miscellaneous expenses 185962 investment expenses 40285 interest paid on coupons surrendered 288 total 40108 01 Total miscellaneous expenses 354318 46 30 Total disbursements 524365 25 IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 4 Loans made in cash to policvholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued Lnteresi at time of purchase 7 Cash in company s office 8 Cash deposited in banks 10 Agents ledger balances of which 334108 was advanced during the year 1350485 26 11 Total net or ledger assets as per balance above Other Assets 14 Interest due 51on and accrued 26 63887 on mortgages 27153 87 15 Interest due 900 and accrued 24575 on bonds and stocks 254 75 1028159 91 12206 08 14475 00 379 06 64748 71 4668 34 2475122 36ComptrollerGeneral s Report 649 17 Interest due on premiums notes loans or liens 2616 56 19 Rents accrued on companys property or lease 530 95 Total carried out 30556 13 New Business 23 Gross premiums due and unreported on policies in force December 31 1911 62332 09 24 Gross deferred premiums on policies in force De cember 31 1911 Totals 62332 09 Renewals 28196 25 18691 65 46887 90 25 Deducting loading 71 per cent on new and 20 per cent on renewals 44514 85 9598 23 26 Net amount of uncollected and deferred premiums 17817 24 27 Furniture fixtures and safes 37289 67 55106 91 8000 00 28 Total assets as per the books of the company 2568785 40 Items Not Admitted 2 Furniture fixtures and safes 8000 00 5 Agents balances 7315 75 7 Premium notes and net premiums in item 26 in excess of reserves 11543 20 8 Book value of bonds over market value 575 00 Total 27433 95 9 Total assets less items not admitted 2541351 15 VLiabilities 1 Net present alue of all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and Ameri can Experience 3 if Deduct net value of risks of this com pany reinsured in other solvent com panies 2215328 68 15 1 86 Net reinsurance reserve 2214873 82650 ComptrollerGenerals Eeport 5 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 16000 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 1835 27 Total policy claims 18835 27 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 11959 75 12 Amount of national State or other taxes due 6928 80 13 Amount due on account of salaries rents and office ex penses 2514 36 16 Amount of any other liability of the company viz Pre miums paid in advance 224115 unearned interest paid in advance 2511843 total 27359 58 17 Liabilities on policyholders account 2282471 58 18 Gross surplus on policyholders account 258879 87 19 Total liabilities 2541351 45 20 Estimated surplus accrued on tontine and other policies the profits upon which are especially reserved for that class of policies 5502 54 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 of previous year 9903 60 2 Premium notes loans or liens received during the year on old policies 28690 75 Total 38594 35 Deductions during the year as follows 3 Amount of notes loans or liens voided by lapse 4032 10 4 Amount of notes loans or liens redeemed by maker in cash 22356 17 Total reduction of premium note account 26388 27 Balance note assets at end of the year 12206 08 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 31st of previous year 189 319260 00ComptrollerGenerals Eepoet 651 Number and amount of policies on the lives of citi zens of Georgia issued during the year 262 591330 00 Total 451 910590 00 Deduct number and amount which have ceased to be in force during the year 39 80500 00 Total number and amount of policies in force in Georgia December 31 1911 412 830090 00 No Amount Amount oflosses and claims on policies in Georgia incurred during the year 2 2000 00 Total 2 2000 00 Amount of losses and claims on policies in Georgia paid during the year 2 2000 00 What amount of premiums was collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Cash 1967562 notes or credits 10579 total 1978141 THE RIDGELY PROTECTIVE ASSOCIATION OF WORCESTER MASS Francis A Harrington President Austin A Heath Secretary Principal Office 518 Main Street Worcester Massachusetts Ralph T Winters Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets December 31 of previous year 320171 03 Extended at 320171 03 IIIncome During Vear 1911 7 Total premium income 310200 05 9 ash received for gross interest on bonds owned less 63966 accrued interest on bonds acquired during 1911 10080 62 10 Cash received for interest on deposits in trust companies and banks 2928 83 11 Policy fees required or represented by applications 42940 50 14 Oash received for profits on sale of bonds 112 50 Total income 366262 50652 ComptrollerGenerals Eeport IIIDisbursements for the Year 1911 1 Cash paid for accident and health claims 171176 84 Total 171176 84 7 Total net amount actually paid for losses Total paid policyholders 16 Cash paid stockholders for dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance 18 Cash paid for salaries and allowances to managers and agents 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes on new premiums 23 Cash paid for insurance department fees and agents licenses 24 ash paid for rent 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 98079 printing and sta tionery 507767 total 28 Cash paid for real estate for legal expenses i Cash paid for the following items viz Policy fees allowed agents 4220950 investigation and adjust ment of claims 426752 federal corporation tax 9432 State corporation tax 179300 postage tele graph telephone and express 469388 miscellaneous 87569 agents balances charged off 3422 gross decrease in book value of ledger assets 15000 total Total miscellaneous expenses 54118 13 30 Total disbursements IVAssets as Per Ledger Accounts 6 Rook value of bonds owned 7 Cash in companys office 8 Cash deposited in banks 11 Total net or ledger assets as per balance above Other Assets 15 Interest accrued on bonds and stocks 4533 27 Total carried out 21 Market value of bonds and stocks over book 171176 84 171176 84 5000 00 26309 57 5648 99 47951 58 4966 78 2115 07 1611 50 4840 25 6058 46 100 40 54118 13 329S97 57 28 Total assets as per the books of the company 282672 75 357 15 73506 06 356535 96 4533 27 667 25 361736 48ComptrollerGenerals Eeport 653 VLiabilities 5 Claims for accident and health losses in process of adjustment and expenses of settlement 29485 95 Total policy claims 29485 f 12 Amount of State taxes due or accrued 5941 54 13 Amount due on account of salaries rents and office 1538 40 expenses 16 Amount of any other liability of the company viz Pre miums paid in advance 227500 total unearned pre miums 1753904 reserve to cover claim liabilities incurred on or before December 31 of which no notice was received at home office until subsequently 400000 total 23814 4 17 Liabilities on policyholders account 60779 93 18 Gross surplus on policyholders account 300956 5o 19 Total liabilities 361736 48 Business in the State of Georgia During the Year No Amount Number of policies and amount of premiums in Geor gia in force December 31st of previous year 1761 5354 00 Number and amount of policies on the lives of citi zens of Georgia issued during the year 298 Total 2059 623 Deduct number and amount Which have ceased to be in force during the year 842 2505 00 Total number of policies and amount of premiums in force in Georgia December 31 1911 1217 3758 00 ROME INSURANCE COMPANY ROME GA J L Bass President J R Leal Secretary Principal Office Rome Georgia Dean Dean Attorneys for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 225770 00 2 Amount of capital sub scribed and paid by note 10920 00654 Comptroller General s Report Amount of net ledger assets December 31 of previous year 283895 67 Increase of capital during 1911 36830 00 Extended at 320725 67 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses 206873 84 7 Total premiums income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividend 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 viz Supplementary contracts 12000000 premium on stock 927770 commission on O L Business 1903 sundry accounts 42000 total 206873 84 2254 91 2468 09 3 75 7162 86 I2971i 73 Total income 348480 18 1 Cash paid for death claims reversionary additions 2 Health and accident claims paid 3 Disability claims paid IIIDisbursements for the Year including 84564 5ii 19207 52 500 00 total 104272 02 7 Total net amount actually paid for losses anil matured endowments 104272 02 13 Surrender values paid in cash 7 00 Total paid policyholders 104279 02 17 Cash paid for commission and bonuses to agonts less commission on reinsurance 102679 68 18 Cash paid for salaries and allowances to managers and agents 44274 37 19 Cash paid for medical examiner s tecs 22084 75 20 Cash paid for salaries and all other copmensation of officers and other home office employees 13 178 79 21 Cash paid for taxes on premiums 1364 17 22 Cash paid for taxes on investments 3316 24 23 Cash paid for insurance department fees and agents licenses 83825 municipal licenses 93600 1774 25 24 Cash paid for rent 6 223 69ComptrollerGenerals Eeport 655 26 Gash paid for furniture fixtures and safes for home and agency officers 1788 33 27 Cash paid for advertising 104994 printing 503426 6084 20 28 Gash paid for legal expense 1779 98 29 Cash paid for the following items viz Traveling expenses 256792 supplementary contracts 5976 54 discount 351611 deposits returned to agents 56323 accounts written off 643242 miscellaneous office expenses 754863 sundry account 28247 85 30 Total disbursements 337075 32 IVAssets as per Ledger Accounts 2 Loans on mortgage first liens on real estate 12525 00 4 Loans made in cash to policyholders on this companys policies i 80 15 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 103062 uO 7 Cash in companys offices O4 24 8 Cash deposited in banks 180197 84 9 Bills receivable 33070 10 Agents ledger balances 2104 47 Sundry accounts 45 33 11 Total net or ledger assets 332130 53 12 Deduct depreciation from cost of assets to bring same to market value y ou 13 Total net or ledger assets less depreciation 331153 03 Other Assets 14 Interest due 34109 and accrued 44847 on mortgages 89 ob 15 Interest on bonds and stocks 2210 00 18 Interest on notes receivable 2369 84 Total carried out 5369 40 New Business Renewals 24 Gross deferred premiums on policies in force December 31 1911 4294 62 569 03 25 Deducting loading 20 per cent on new and 20 per cent on re newals 858 92 133 61 26 Net amount of uncollec t e d and deferred premiums 3435 70 435 42656 ComptrollerGenerals Report Extended 28 Total assets as per books of the company Items Not Admitted 4 Cash advanced to or in the hands of officers or agents 940 00 5 Agents balances 2104 47 7 Bills receivable and interest thereon 35485 17 Total 9 Total assets less items not admitted VLiabilities 1 Net present value of all the outstanding policies in force on tho 31 day of Decem ber 1911 computed according to The American Experience Table of Mortality with 31 per cent interest Deduct net value of risks of this company reinsured in other solvent companies 25112 52 20 75 Xe1 reinsurance reserve 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due li Claims for death losses and other policy claims resisted by the company 7 Claims for death losses on which proofs have not been received 8 Sick and accident claims accrued 928 00 944 00 4042 00 300 75 Total policy claims 12 Amount of national state or other taxes accrued 13 Amount due on account of salaries rents and office ex penses and local bills Iii Amount of any other liability of the company viz Premiums paid in advance 200257 interest in ad vance 2500 agents commission 403819 special reserve 500000 medical fees 149258 total 17 Liabilities on policyholders account 18 Iross surplus on policyholders account 3871 12 340393 55 38529 64 301803 91 25085 77 6214 75 1059 59 8375 89 120183 34 53954 34 247909 57 19 Total linbililies 301863 91ComptrollerGeneral s Report 657 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 26930 4012082 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 51735 9690266 00 Total 78665 13702348 00 Deduct number and amount which have ceased to bo in force during the year 40226 7097060 00 Total number and amount of policies in force in Georgia December 31 1911 38439 6605288 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1337 50 Amount of losses and claims on policies in Georgia incurred during the year 78613 00 Total 79950 00 Amount of losses and claims on policies in Georgia paid during the year 75003 50 Amount of premiums collected or secured in Georgia during the year in cash notes or credits without any deduction for losses dividends com missions or other expenses Total 165003 67 SECURITY LIFE ANNUITY COMPANY OF GREENSBORO NORTH CAROLINA J Van Lindley President Geo A Grinsley Secretary Principal Office 119 So Elm St Greensboro N C G A Rankin Macon Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 1170982 32 Extended at 1170982 32 IIIncome During Year 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses 118341 73658 ComptrollerGeneral s Eeport iy2 Cash received for renewal premiums without deductions for commissions or other expenses 417682 98 3 From dividends applied to pay running premiums 4703 82 Total 540728 53 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 1 77840 renewals 182869 total 3607 09 7 Total premium income 537121 44 8 Cash received for interest on mortgage loans 41044 15 9 Cash received for interest on bonds owned and dividends on stock 2170 00 10 Cash received for interest on premium notes loans or liens 15718 91 11 Cash received for interest on deposits in trust companies and banks 1933 32 12 Cash received as interest on collateral loans 4861 69 13 Cash received for rents for use of companys property including 138600 for companys own occupancy 3589 60 16 From dividends left with the company at interest 24 63 17 Premium notes loans or liens restored by revival of policies 1445 76 Total income 607909 50 IIIDisbursements for the Year 1 Cash paid for death claims including re visionary additions 93639 60 Total 93639 60 7 Total net amount actually paid for losses and matured endowments 93639 60 8 Cash paid to annuitants 12208 35 9 Premium notes loans or lions voided by lapse 1666 57 11 Cash dividends applied to pay running premiums 4703 82 13 Surrender values paid in cash 23353 82 Total paid policyholders 135572 16 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 7693992 renewals 2959904 total 106538 96 18 Cash paid for salaries and allowances to managers and agents 5853 38ComptrollerGenerals Report 659 19 Cash paid for medical examiners fees 1332733 in spection of risks 175917 total 20 Cash paid for salaries and all otheT compensation of officers and other home office employees 21 Cash paid for taxes on new premiums and renewals 22 Cash paid for taxes on real estate 23 Cash paid for insurance department fees and agents licenses and municipal licenses 24 Cash paid for rent including 138600 company occu pancy 25 Cash paid for commuting commissions 27 Cash paid for advertising 248936 printing and sta tionery 309865 postage etc 224438 exchange 51908 total 28 Cash paid for real estate expenses other than taxes 22601 for legal expenses 120000 total 29 Cash paid for the following items viz Investigation and settlement of claims Supplementary contracts 284384 traveling expense 155006 general expense 221264 total Total miscellaneous expenses 4614 01 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other mar ketable collaterals 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force of which 141299 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 Furniture and fixtures Warranty capital 15086 50 24692 10 2581 79 430 16 2446 00 1386 00 1140 42 8351 47 1426 01 851 31 6606 54 30 Total disbursements 312962 80 13 Total net or ledger assets less depreciation Other Assets 14 Interest due 33450 and accrued 9 80150 on mortgages 15 Interest accrued on bonds and stocks 16 Interest due 13747 and accrued 72182 on collateral loans 10136 00 284 17 859 29 45147 03 841930 00 76053 30 209165 26 69812 60 51670 12 1872 18 52557 75 13406 65 4314 13 100000 09 1465929 02660 ComptrollerGenerals Report 17 18 20 22 23 24 Interest accrued on premiums notes loans or liens Interest accrued on other assets 2434 60 233 16 Total carried out Market value of real estate over cost Due from other companies for losses or claims on policies of this company reinsured Renewals Gross premiums due and unreported on policies in force December 31 1911 18962 77 Gross deferred premiums on policies in force December 31 1911 16561 70 13947 22 8976 16 4000 00 Totals 24 47 Deducting loading 195 per cent on re newals 7115 58 26 28 Net amount of uncollected and deferred premiums Total assets as per the books of the company Items Not Admitted 29408 89 15222 29 Furniture fixtures and safes 4314 L3 Book value bonds and stocks over market value 1760 12 Agents balances 14031 25 Premium notes etc and net premiums in item 26 in excess of reserve 8557 65 Total 28663 15 Total assets less items not admitted 1493598 14 VLiabilities Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and American 3L Table 1037922 00 Deduct net value of risks of this com pany reinsured in other companies 1795 00 Net reinsurance reserve 1036127 00 Claims for death losses due and unpaid no proofs received 1000 00ComptrollerGenerals Eeport 661 5 Claims for death losses contention arising claimants in process of adjustment or adjusted and not due 6 Claims for death losses and other policy claims resisted by the company in sured disappeared S Present value of unpaid amounts on ma tured installment policies 9 Amount of trust funds held by the com pany dividends left with company 2500 00 10000 00 30467 00 24 63 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 1 1 Inearned interest and rent paid in advance 12 Amount of national State or other taxes due 13 Amount due on account of salaries rents and office expenses 14 Medical examiners fees due 15 Due account registered policies 16 Amount of any other liability of the company viz Pre miums paid in advance 425707 annuity fund 171 09271 special renewal commission fund 782300 total 43991 63 7000 00 3446 91 2033 09 192 00 940 00 195 05 183173 38 17 Liabilities on policyholders account 1277099 66 is Gross surplus on policyholders account including 100 00000 guaranty capital 216498 48 19 Total liabilities 1493598 14 VIPremium Note Account 192189 86 1 Premium notes loans or liens on hand December 31 of previous year 2 Premium notes loans or liens received during the year on new policies 2 27844 on old policies 16122589 total 1635111 33 Total Deductions luring I lie year as follows 3 Aiuounl of notes loans or liens used in payment of losses and claims I Amount of notes loans or liens used in purchase of surrendered policies 5 Amount of notes loans or liens voided by lapse 357139 95 726 15 21127 11 1666 57662 ComptrollerGeneeals Report 6 Amount of notes loans or liens redeemed by maker in cash 55641 96 Total reduction of premium note account 78162 09 Balance note assets at end of the year 278977 86 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 31st of pre vious year 735 1411146 00 Number and amount of policies on the lives of citi zens of Georgia during the year 217 455320 00 Total 952 1866466 00 Deduct number and amount which have ceased to be in force during the year 188 395420 00 Total number and amount of policies in force in Georgia December 31 1911 764 1471046 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31st of previous year in sured disappeared 1 10000 00 Amount of losses and claims on policies in Georgia incurred during the year 3 12000 00 Total 4 22000 00 Amount of losses and claims on policies in Georgia paid during the year 3 12000 00 Amount of premiums collected or secured in Georgia during ftbe year in cash and notes or credits without any de duction for losses dividends commissions or other expenses cash 57175 46 SECURITY MUTUAL LD7E INSURANCE CO OF BINGHAMTON N Y Frederic W Jenkins President has A LaDue Secretary Principal Office Cor Court and Exchange St Binghampton N Y P W Coleman Attorney for Service in Georgia LCapital Stock Amount of net or ledger assets December 31 of previous year 5543630 69 Extended at 5543630 69ComptrollerGeneralsBeport 663 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses 167114 28 2 Premium notes loans or liens taken in part payment for premiums on new policies 1342840 63 3 From dividends applied to pay running premiums 41657 22 3 From dividends applied to purchase paid up additions and annuities 4182 56 4 From surrender values applied to pay run ning premiums 10088 93 4 From surrender values applied to pur chase paid up insurance and annuities 13340 56 Total 1579224 18 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 153624 renewals 193085 3467 09 d 1 nnr 7K7 pa 7 Total premium income 010101 8 Cash received for interest on mortgage loans 49154 15 9 Cash received for interest on Bonds owned and dividend 86131 89 on stocks 10 Cash paid for interest on premium notes loans or liens 72345 36 11 Cash received for interest on other debts due the company 12910 77 13 Cash received for rents for use of companys property including 1500000 for companys own occupancy 45150 26 17 Premium notes loans or liens restored by revival of policies 19351 79 19 From all other sources viz Supplementary contracts etc 2656 12 1863457 43 Total income p IIIDisbursements for the Year 1 Cash paid for death claims including revisionary additions 551297 95 2 Premiums notes loans or liens used in payment of the same 90 48 3 Cash paid for matured endowments and additions thereto 4000 00 5 Cash paid for sums falling due during the year on installment policies 4890 8 Totai 560279 25 7 Total net amount actually paid for losses and matured 560279 25 endowments gl 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of surren dered policies 17158175 voided by lapse 7225370 243835 45664 ComptrollerGenerals Report 10 Cash dividends paid policyholders 12468 46 11 Cash dividends applied to pay running premiums 41657 22 12 Cash dividends applied to purchase paid up additions and annuities 41 82 56 13 Surrender values paid in cash 68005 25 14 Surrender values applied to pay running premiums 10088 93 li Sinrender values applied to purchase paid up insurance and annuities 13340 56 Total paid policyholders 954540 89 17 Cash paid for commission and bonuses to agents less commission on reinsurance new policies 8797239 renewals 7700842 164980 81 18 Cash paid for salaries and allowances to managers and agents 50127 93 19 Cash paid for medical examiners fees 1946370 in spection of risks 539734 24861 04 20 Cash paid for salaries and all other compensation of officers and other home office employees 101104 21 21 Cash paid for taxes 23141 12 22 Cash paid for taxes on reserves 8464 75 23 Cash paid for insurance department fees and agents licenses 409647 municipal licenses 1His41 5264 88 24 Cash paid for rent including 1500000 companys occu pancy less 05436 received under sulidease 22646 12 26 Cash paid for furniture fixtures and safes for home and agency offices 604 86 27 Cash paid for advertising 380854 printing 350571 7404 25 28 Cash paid for real estate expenses ether than taxes 14 42272 for legal expenses 278865 17211 37 All other items 39804 43 3o Total disbursements 1429156 66 IV Assets us per Ledger Accounts 1 Cost value of real estate exclusive of all Lucumbrances 734056 55 2 Loans on mortgage first liens on real estate 1093625 on 3 Loans by pledge el bonds stocks or other marketable collaterals 10000 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 1509355 14 5 Premium notes loans or liens on policies ill force 37775 21 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 2216 843 50 7 Cash ill companys office 5104 70 S ash deposited in hanks 322542 47 0 Hills receivable 105 00 10 Agents ledger balances 18133 89 11 Total Net or ledger assels 5 077031 4612 13 14 15 16 17 18 19 COMPTROLLEKG EN EKAL s BePORT Deduct depreciation from cost of assets to bring same to market value Total net or ledger assets less depreciationi Other Assets Interest due 12000 and accrued 17 51734 on mortgages Interest accrued 2413869 on bonds and stocks Interest accrued 43333 on collateral loans Interest accrued 2426104 on premiums notes loans or liens Interest accrued 171527 on other assets Rents accrued 100407 on companys property or lease 17637 34 24138 69 433 33 24261 04 1715 27 1004 07 Total carried out 23 24 25 26 28 7 New Business Renewals Gross premiums due and unroported on policies in force December 31 1911 9295 46 144805 89 Gross deferred premiums on policies in force December 31 1911 12784 44 101279 00 Total Deducting loading 20 per cent on new and 20 per cent on re newals 22079 90 246084 89 4415 98 49216 98 Net amount of uncollec t e d and deferred premiums 17663 92 196867 91 Kxtended 665 72441 33 5905490 13 69189 74 214531 83 Total assets at per the books of the company 6189211 70 Items Not Admitted Agents balances Bills receivable 18133 89 195 00 Total 1S32889 Total assets less items not admitted 6170882 81666 ComptrollerGenekals Beport VLiabilities 1 Net present value of all the outstanding policies in force on the 31 day of Decem ber 1511 computed according to The Actuaries Table of Mortality with four per cent interest 4 3 and 3 per cent 5531131 00 Deduct net value of risks of this company reinsured in other solvent companies 1974 00 Net reinsurance reserve 5529157 00 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due and no proof re ceived 30927 02 6 Claims for death losses and other policy claims resisted by the company 30963 00 8 Present value of unpaid amounts on matur ed installment policies face 2179160 20790 00 Total policy claims 82680 02 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 141556 66 12 Amount of national state or other taxes due 25000 00 13 Amount due on account of salaries rents and office ex penses 2191 80 16 Amount of any other liability of the company viz Premiums paid in advance 979200 all other items 3766252 47454 52 17 Liability on policyholders account 5828040 00 18 Gross surplus on policyholders account 342842 81 19 Total liabilities 6170882 81 VIPremium Note Account 1 Premium notes or liens on hand December 31 or previous year 34572 34 2 Premium notes loans or liens received dur ing the year on old policies 4632 03 Revivals 63 12 Total 39207 49 Deductions during the year as follows Amount used in payment of losses and claims 90 48 Amount used in purchase of surrendered policies 372 34ComptrollerGenerals Eeport 667 Amount voided by lapse 1029 46 Total reduction of premium note account 1492 28 Balance note assets at end of the year 37775 21 Business in Georgia During Year No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year H30 2010341 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 141 332971 00 Total 1271 2343312 00 Deduct number and amount which have ceased to bo in force during the year 93 154844 00 Total number and amount of policies in force in Georgia December 31 1911 1178 2188468 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 2 9974 71 Amount of losses and claims on policies in Georgia incurred during the year 17 36270 00 Total 19 46244 71 Amount of losses and claims on policies in Georgia paid during the year 18 42626 39 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 70228 41 SOUTHERN INSURANCE COMPANY OF NASHVILLE TENNESSEE F M Searight President B T Hall Secretary Principal Office Nashville Tenn J E Sheppard Americus Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 160450 00 Amount of net or ledger assets December 31 of previous year 211695 30 Increase of capital 14300 00 Extended at 225995 36668 ComptrollerGenerals Beport IIIncome During Year Cash received for premiums on new poli cies without deductions for commis sions or other expenses 23491 99 Premiums from II A Dept 51677 89 Total 75169 8S 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 16 License fee recovered 18 Surplus from slock sales 19 From all other sources viz Certificates of deposit and collateral loan Total income 75169 8S 598 25 6229 43 7 67 7 00 8755 00 1326 93 92094 76 IIIDisbursements During the Year Cash paid for death claims including re visionary additions 3195 15 Total 3195 15 7 Total net amount actually paid for losses and matured endowments 17 Cash iaid for commissions and bonuses to agents less commission on reinsurance IS ash paid for salaries and allowances to managers and agents P Cash paid for medical examiners fees 144500 in spection of risks 150200 total 20 Cash paid for salaries and all other compensation of officers and other home office employees 22 Cash paid for luxes on investments 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for rent including companys occupancy 25 Branch office expense 26 Cash paid for furniture ixtures and safes for home and agency offices 27 Cash paid for advertising 45800 printing 163430 postage telegraph and telephone and express 31095 total 28 Cash paid for legal expenses 3195 15 9567 94 1371 12 3035 00 4033 21 1514 71 70 30 778 5 205 110 706 88 2403 25 2 05ComptrollerGenerals Report Cash paid for the following items viz Audit and actu arial 5720 miscellaneous 10074 com stock 1370 total Health and accident disb 7328357 ins of stock 2690 total 30 Total disbursements IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other mar ketable collaterals i Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office Cash deposited in banks Agents ledger balances of which 105082 plus H A 81020 was advanced during the year Furniture and fixtures 8 in 13 14 15 18 21 23 24 26 27 28 Total net or ledger assets less depreciation Other Assets Interest accrued on mortgages Interest accrued on bonds and stocks Interest due 52130 and accrued 16104 on other assets certificates 327 17 85 00 682 34 Total carried out Market value of bonds and stocks over cost New Business Gross premiums due and unreported on policies in force December 31 1911 4073 23 Gross deferred premiums on policies in force December 31 2375 86 Total 4514 36 Net amount of uncollected and deferred premiums Stationery and supplies Total assets as per the books of the company Items Not Admitted Furniture fixtures and safes Commuted commissions 20272 agents balances 105682 total 1833 83 1259 54 669 1587 94 76973 57 127444 72 21500 00 1500 00 129885 25 2120 15 31939 15 1867 02 1833 83 190645 40 1084 51 4254 75 1934 73 2614 73 200534 12670 ComptrollerGenerals Report 5 Overdue and accrued interest 521 30 8 Supplies printed matter and stationery 2614 73 Total 9 Total assets less items not admittedI VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December computed according to The Actuaries Table of Mortality with four per cent interest 7068 5 Deduct net value of risks of this com pany reinsured in other solvent com panies 258 87 Net reinsurance reserve 3 Claims for death losses due and unpaid 104 41 Total policy claims 14 Amount due medical examiner 16 Amount of any other liability of the company viz Salaries rents etc Dec account 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities 6229 40 194304 72 6809 65 104 41 352 00 2055 53 9321 59 184983 13 194304 72 SOUTHERN NATIONAL LIFE INSURANCE CO OF LYNDON KY Ed L Williams President Wm Higgins Secretary Principal Office Lyndon Ky E M Jones Sr Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital stock paid up in cash 188610 00 Amount of net or ledger assets December 31 of previous year 220362 04 Increase of capital during 1911 110 00 Extended at 220472 04ComptrollerGenerals Report 671 IIIncome During Tear 1911 1 Cash received for premiums on new poli cies without deductions for commis sions or other expenses iy2 Cash received for renewal premiums without deductions for commissions or other expenses 52487 06 37595 59 Total 90082 65 7 Total premium income 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 2120 00 10 Cash received for interest on premium notes loans or liens 19 From all other sources viz Refund by Insurance Field Co 2080 cash for applications 24712 increase of surplus during the year 13084000 total Total income IIIDisbursements for the Year 1911 22725 00 1 Cash paid for death claims including re visionary additions Total 22725 00 6 Deduct amount received from other com panies for losses or claims on policies of this company reinsured of which 500000 is for matured endowments 5000 00 7 Total net amount actually paid for losses and matured endowments 13 Surrender values paid in cash Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 4674050 renewals 256929 total 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid for medical examiners fees 494400 inspec tion of risks 132762 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 23 Cash paid for insurance department fees and agents licenses 90082 65 3894 16 53 59 131107 92 227258 32 17725 00 600 50 18325 50 49309 79 2870 19 6271 62 12533 32 252 25 853 25672 ComptrollerGenerals Report 24 Cash paid for rent including 45200 companys occu pancy 452 00 27 Cash paid for advertising 133161 printing 96102 total 2292 63 28 Cash paid for real estate expenses other than taxes 987 25 29 Cash paid for the following items viz Telephone and telegraph 92913 exchange 7022 city taxes 11163 State and county taxes 299156 coupons 380356 general expenses 185534 commissions on stock 25000 fire insurance 7500 interest 4058 actuarial expenses 67950 total 10806 52 Payment of borrowed money 2000 00 Total miscellaneous expenses 10806 52 30 Total disbursements 106954 32 IVAssets as Per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 3646 95 2 Loans on mortgage first liens on real estate 25445 17 3 Loans secured by pledge of bonds stocks or other diiif ketable collaterals 53550 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 1316 91 5 Premium notes loans or liens on policies in force of Which 30495 was received during the year 8068 43 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 185450 00 8 Cash deposited in banks 19470 94 10 Agents balances 17 308 11 Furniture and fixtures 112 91 Accounts secured 23 100 62 13 Total net or ledger assets ai per balance above Other Assets 14 Interest due 113880 and accrued 42488 on mortgages 1563 68 15 Interest accrued on bonds and stocks 187 50 16 Interest due 530570 and accrued 29833 on collateral loans 5604 03 340776 04 Total carried out 20 Market Value of real estate over cost New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1911 43035 64 15924 40 7355 21 2000 00ComptroleekGenekal s Eepoet 673 24 25 26 28 Cross deferred premiums on policies in force December 31 1911 43035 64 1592440 Totals Deducting loading 30 per cent on new and 10 per cent on renewals 43035 64 12910 69 15924 40 1592 44 Net amount of uncollee t e d and deferred premiums 30124 95 Extended 14331 96 Items Not Admitted Furniture fixtures and safes Agents balances Bills receivable Book value of stocks over market value Franklin bank stock 565000 Two States bank stock 350000 3412 91 17308 11 2310062 940 89 9150 00 Total 64801 51 1498 72 16 17 18 19 Net reinsurance reserve Amount due on account of salaries vents and office ex penses Amount oT any other liability of the eompany viz Cash with applications 81105 eoupons deposited with the company 380896 Liabilities on pplicyholder s account Gross surplus on policyholders account 44456 91 Totalassets 394588 16 53912 53 9 Total assets less items not admitted 340675 63 VLiabilities Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 computed according to The Actuaries Table of Mortality with four per cent interest American Expuerience at 3 per cent Deduct net value of risks of this company reinsured in other solvent companies 63302 79 51 1 65 4620 01 68434 45 272241 18 Total liabilities 340675 63674 COMPTROLLERGrENERAL s REPORT VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 5180 87 2 Premium notes loans or liens received dur ing the year on new policies 32895 on old policies 864368 8972 63 Total 14153 50 Total reduction of premiums note account 6085 07 Balance note assets at end of the year 8068 43 Business in Georgia During Year No Amount Number and amount of claims on policies in Georgia issued during the year 24 38000 00 Total 24 38000 00 Total number and amount of policies in force in Georgia December 31 1911 24 38000 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 Total 133375 SOUTHERN STATES LIFE INSURANCE COMPANY OF MONTGOMERY ALABAMA Wilmer L Moore President Prank Orme Secretary Principal Office Atlanta Ga Home Office Montgomery Ala Hon Wm A Wright Attorney for Service in Georgia LCapital Stock I Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets December 31 of previous year 681489 39 Extended at 681489 9 ITIncome During Year 1 ash received for premiums on new policies without deductions for commissions or other expenses 169286 in 1 j Cash received for renewal premiums without deductions for commissions or other expenses 279431 71ComptrollerGenerals Eepoet 675 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 3 From dividends applied to pay running premiums 3 Prom dividends applied to purchase paid up additions and annuities 2193 divi dend deposits previous year 4 From surrender values applied to pay run ning premiums 41 From surrender values applied to pur chase paid up insurance and annuities Total 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 493772 renewals 13548 73 19272 71 63853 46 22079 I 39 285 47 17 25 711 00 555537 17 18486 45 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 14 Cash received for Profits on sales of bonds 19 From all other sources Total income ITTDisbursements for the Year 537050 72 13354 61 7230 83 10779 90 7502 99 180 00 13207 52 589306 57 1 Cash paid for death claims including revisionary additions 3 Cash paid for disability loss 500 00 Total 129680 00 6 Deduct amount received from other com panies for losses or claims on policies of this company 27500 00 7 Total net amount actually paid for losses and matured endowments 8 Cash paid for annuitants 9 Premium notes loans or liens used in purchase of sur rendered policies 23476 26 voided by lapse 11 72305 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 102180 00 227 66 35199 31 318 62 22679 39676 ComptrollerGenerals Report 12 Cash dividends applied to purchase paid up additions and annuities 263 54 12 Cash dividends left on deposit this year 6040 31 14 Surrender values applied to pay running premiums 17 25 15 Surrender values applied to purchase paidup insurance and annuities 711 00 Total paid policyholders 167637 08 lH Dividends left on deposit drawn 147309 paid sup plementary contracts 65000 li 123 09 16 Cash paid for interest and discount 563 04 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 11218122 renewals 880732 special renewal expenses 64947 121638 01 18 Cash paid for salaries and allowances to managers and agents and agency supervision 16946 50 19 Cash paid for medical examiners fees 1552146 inspi tion of risks 606334 21584 80 20 Cash paid for salaries and all other copmensation of officers and other home office employees 33206 53 21 Cash paid for state taxes on premiums 4889 57 22 Cash paid for special actual expense 43068 state exami nation expenses 14055 r7l 23 23 Cash paid for insurance departmenl fees and agents licenses 69498 municipal and county taxes and licenses 217153 2866 51 24 Cash paid for rent 3062 49 26 Depreciation of furniture fixtures and safes for home and agency offices 2000 00 27 Cash paid for advertising 423077 printing and station 622611 postage telegraph express exchange 15783 14914 71 28 Cash paid for investment expenses other than 17 for legal expenses 261551 2623 68 29 ash paid for following items viz Miscellaneous home office expenses 5072 76 Agents balances charged off 272 i Total miscellaneous disbursements and expenses 23 183580 30 Total Disbursements 402472 88 I V Assets as per Ledger Accounts Loans on mortgage firsl liens on real estate 212325 00 Loans lev pledge of bonds Stocks or other marketable collaterals 135250 16 I Loans made in cash to policyholders on this companys policies assigned as collateral 172975 on 1C premium loans 1 L600 33 5 Premium notes on policies in force 36843 66ComptrollerGeneral s Report 677 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 Furniture and fixtures Sundry personal items checks returned and etc 13 Total net or ledger assets Other Assets 14 Interest due 14392 and accrued 1 33533 on mortgages i 15 Interest accrued 67916 on bonds and stocks 17 Interest accrued 72182 on premiums notes loans or liens 18 Interest accrued 485 on other assets 1479 25 679 16 721 82 4 85 Total carried out New Business Renewals 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 129 92 858 29 55308 14 9977 99 Totals 25 Deducting loading 988 21 724 77 65286 13 16757 11 26 Net amount of uncollec t e d and deferred premiums Extended 263 44 48529 02 28 Total assets as per the books of the company Items Not Admitted 2 Furniture fixtures and safes 6 Sundry personal items cheeks returned etc 7 Bills receivable 7 Premium notes and net premiums in item 26 in excess of net value of policies 10387 73 627 84 2842 23 3732 33 Total 9 Total assets less items not admitted 149094 31 5735 29 127641 53 2842 23 10387 73 627 84 868323 08 2885 08 48792 46 920000 62 17590 13 902410 49678 ComptrollerGenerals Report VLiabilities 1 Not present value of all the outstanding policies in force on the 31 day of Decem ber 1911 computed according to The Actuaries Table of Mortality 1911000 with 4 per rent interest 12890487 at 3 per cent includes present value of supplementary contracts 654100 714842 00 Deduct net value of risks of this company reinsured in other solvent companies 10901 00 Net reinsurance reserve 703941 00 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders dividend left on deposit 9031 17 11 Amount dividends to policyholderd declared not yet due 2014 40 12 Unearned interest paid in advance 4123 95 13 Commissions due agents when notes are paid 6042 97 16 Amount of any other liability of the company viz Premiums paid in advance 178354 in suspense 495019 6733 73 17 Liabilities on policyholders account 731887 22 18 Gross surplus on policyholders account 170523 27 19 Total liabilities 902410 49 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 27450 39 2 Premium notes loans or liens received dur ing the year on new policies 1927279 on legal policies 6385346 83126 25 Total 110576 64 Deductions during the year as follows Amount voided by lapse 11723 05 Amount redeemed by maker iii cash 62009 93 Total reduction of premium note account 73 732 98 Balance note assels at end of the year 36843 66 Business in Georgia During 1911 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 3 of previous year 3647 7655068 00ComptrollerGenerals Report 679 Moved into state 8500 00 Number and amount of policies on the lives of citizens of Georgia issued during the year re vived 20 policies 40000 1524 2343435 00 Total 5171 10007003 00 By removals net 4 Deduct number and amount which have ceased to be in force during the year 818 1619269 00 Total number and amount of policies in force in Georgia December 31 1911 4349 8387734 00 No Amount Amount of losses and claims on policies in Georgia incurred during the year 26 92680 00 Total 26 92680 00 Amount of losses and claims on policies in Georgia paid during the year 26 92680 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 318574 89 Returned premiums on cancelled policies 7878 00 Total 3010696 89 SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF CHARLESTON WEST VIRGINIA Harrison B Smith President A L Alexander President Principal Office Capital and Lee St Charleston W Va Brutus J Clay 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 483118 31 Extended at 483118 31 IIIncome During Year 1 Received for premiums on new policies without deductions for commissions or other expenses including notes 38074 51680 ComptbollebGenebal s Eepobt iy2 Received for renewal premiums without deductions for commissions or other ex penses including notes 131058 94 4 From surrender values applied to pur chase paidup insurance and annuities 50 74 Total 169184 19 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 125001 renewals 304121 4291 22 7 Total premium income 164 892 97 8 Gash received for interest on mortgage loans 18598 40 9 Cash received for interest on bonds owned and dividend on stock 3276 31 10 Cash received for interest on premium notes loans or liens 3251 91 11 Cash received for interest on other debts due the company collateral loans and deposits 3505 14 13 Cash received for rents for use of companys property including company a own occupancy 82500 18 Adjustment in book value of bonds 5000 00 19 From all other sources viz Premiums paid in advance cash in suspense 696 72 Total income 200046 45 IIIDisbursements for the Year 1 Cash paid for death claims including reversionary additions 36211 60 2 Premiums notes loans or liens used in payment of the same 788 40 Total 37000 00 7 Total net amount actually paid for losses and matured endowments 37000 00 9 Premium notes loans or liens used in purchase of surren dered policies 8725 08 10 Cash dividends paid policyholders 457 38 13 Surrender values paid in cash 1031 38 15 Surrender values applied to purchase paidup insurance and annuities 50 74 Total paid policyholders 47256 58 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 2267578 renewals 1153410 25209 88 18 Cash paid for salaries and allowances to managers and agents 1440 00ComptrollerGenerals Report 681 19 Cash paid for medical examiners fees 428700 inspec tion of risks 65000 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 less 33000 received under Sublease 26 Cash paid for furniture fixtures and safes for home and agency officers 27 Cash paid for advertising 113226 printing 193919 express and telegrams 104132 28 Cash paid for real estate expenses other than taxes 1400 for legal expenses 12625 29 Cash paid for the following items viz Agency expenses Total miscellaneous expenses 6935814 Total Disbursements 4937 10 17956 37 809 70 119 35 630 50 1251 00 740 00 4112 77 140 25 6850 81 116622 72 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all ineumbrances 2 Loans on mortgage first liens on real estate 3 Loans secured by pledge of bonds stocks or other market able collacteral 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances 15000 00 331345 10 64084 61 50653 44 12957 00 68350 00 976 78 12617 17 2828 41 7729 53 13 Total net or ledger assets less depreciation 566542 04 Other Assets 14 Interest due 178378 and accrued 07430 on mortgages 15 Interest accrued on bonds and stocks 16 Interest due 57600 and accrued 60092 on collateral loans Total carried out 4858 08 435 1176 92 6470 30682 ComptrollerGenerals Eeport New Business Renewals 23 Gross premiums due and unreported on policies in force December 81 1911 446 12 24 Gross deferred premiums on policies in force December 31 1911 2976 44 Totals 3423 96 25 Deducting loading 44 per cent on new and 159 per cent on renewals 1507 39 26 Net amount of uncollec t e d and deferred premiums 1916 57 Extended at 27 Furniture fixtures and safes 8934 77 5536 11 14470 88 2305 24 12165 64 14082 21 3000 00 Items Not Admitted 2 Furniture fixtures and safes 3000 00 5 Agents balances 8929 49 7 Bills receiable 2828 41 8 Collateral loans Nos 20 and 22 procured by renewal contract 887 54 9 Total assets less items not admitted 574449 17 VLiabilities 1 Net present value of all the outstanding policies in fmcc on the 31 day of Decem ber 1911 computed according to The American Experience Table of Mortality 3 per cent Interest 290056 02 Deduct net value of risks of this company reinsured in other solvent companies 3253 32 Net reinsurance reserve 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 9 Surrender values claimable 286802 70 2552 11 228 53 Total policy claims 11 Interest paid in advance 12 Amount of national state or other taxes due in 1912 13 Amount due on account of salaries rents and office ex penses 2780 64 2697 47 1633 33 249 44ComptrollerGenerals Report 683 15 Clerical error corrected in 1912 50 30 16 Amount of any other liability of the company viz Premiums paid in advance 40835 cash in suspense 28837 deferred corns 30077 amount set apart and provisionally ascertained under preferred dividend con tracts 1242282 total 13420 31 17 Liabilities on policyholders account 307634 19 18 Gross Surplus on policyholders account 266814 98 19 Total liabilities 574449 17 VIPremium Note Aecount 1 Premium notes loans or liens on hand December 31 or preious year 15548 26 2 Premium notes loans or liens received dur ing the year on new policies 79336 on old policies 2096066 21754 02 Total 37302 28 Deductions during the year as follows Amount used in payment of losses and claims 8 Amount used in purchase of surrendered policies 3621 40 Amount charged loss and gain 1463 II Amount redeemed by maker in cash 19181 99 Total reduction of premium note account24345 28 Balance note assets at end of the year 12957 00 Business in Georgia During Year No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 161 30460 0 Number and amount of policies on the lives of citizens of Georgia issued during the year 102 172646 GO Total 263 47725 Deduct number and amount which have ceased to be in force during the year 49 77000 00 Toal number and amount of policies in force in Georgia December 31 1911 214 400256 00684 ComptrollerGenerals Beport No Amount Amount of losses and claims on policies in Georgia incurred during the year 5 6000 00 Total 5 6000 00 Amount of losses and claims on policies in Georgia paid during the year 5 6000 00 Amount of premiums was collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses divi dends commissions or other expenses Total 1252185 STATE LIFE INSURANCE COMPANY OF INDIANAPOLIS INDIANA II W Bennett President V S Wynn Secretary Principal Office Indianapolis Indiana C V LeCraw Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 9304204 39 Extended at 9304201 39 IIIncome During Year 1 Cash received for premiums on new policies without deductions for com missions or other expenses 241617 00 1 Cash received for renewal premiums without deductions for commissions or other expenses 174267 75 21 Premium notes loans or liens taken in parl payment for renewal premium 1S3140 99 3 From dividends applied to pay running premiums 160343 56 L Prom dividends applied to purchase paid up additions and annuities 94S 54 4 From surrender values applied to pay run ning premiums 398 35 lL Prom surrender values applied lo pur chase paidup insurance and annuities 18821 23 5 Consideration Im annuities other than matured installment policies 130 00 Total 2348080 38 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company 5180 79 7 Total premium income 2 342 899 59CompteolleeGenebals Eepobt 8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividend on stock 10 Cash received for interest on premium notes loans or liens s 11 Cash received for interest on other debts due the com pany 13 Cash received for rents for use of companys property including 1269468 for companys own occupancy 16 From dividends left with the company to accumulate 19 From all other sources viz From agents balances previously charged off G85 300876 10 8968 56 140822 24 3414 37 104348 27 2487 27 383 74 Total income 2904200 14 IIIDisbursements For The Year 1 Cash paid for death claims including revisionary additions 3 Cash paid for mutual endowments and ad ditions thereto 5 Cash paid for sums falling due during the year on installment policies 579870 17 7000 00 1967 75 Total 588837 92 7 Total net amount actually paid for losses and matured endowments 8 Disability losses 9 Premium notes loans or liens used in purchase of sur rendered policies 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paid up addition and annuities 13 Surrender values paid in cash 14 Surrender values applied to pay running premiums 15 Surrender values applied to purchase paid up insurance and annuities Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 16589897 renewals 19336849 18 Cash paid for salaries and allowances to managers and agents including traveling expenses 19 Cash paid for medical examiners fees 1621900 inspec tion of risks 355961 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 588837 92 30 03 24570 90 20522 39 160343 5Q 948 54 220849 55 398 35 18821 23 1035323 07 359267 46 25840 49 19778 61 131325 70 28110 49686 ComptrollerGenerals Eeport 22 Cash paid for taxes on surplus 268711 on investments 74843 3435 54 23 Cash paid for insurance department fees and agents licenses 817546 8173 46 24 Cash paid for rent including 1269468 companys occu pancy 22026 04 25 Taxef on real estate 13710 90 26 Cash paid for furniture fixtures and safes for home and agency offices 2150 71 27 Cash paid for advertising 828868 printing 1212511 postage etc 986390 exchange 12556 30403 25 28 Cash paid for real estate expenses other than taxes 3236597 for legal expenses 3187 67 3555 64 29 Cash paid for the following items viz Deposited divi dend surplus 22233 discounts etc 8571 invest ment expenses 181422 miscellaneous expenses 1 40413 on voided notes 32934 profit and Ioss 949265 13348 38 30 Total disbursements 1728449 74 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 995737 12 2 Loans on mortgage first liens on real estate 619990 28 4 Loans made in cash to policyholders on this companys policies assigned as collateral 2714487 12 5 Premium notes loans or liens on policies in force 78340 02 6 Tost value of bonds and stocks owned excluding accrued interest at time of purchase 214723 10 7 Cash in companys office 9540 92 8 Cash deposited in banks 215480 82 10 Agents ledger balances 51736 11 11 Total net or ledger assets 12 Deduct depreciation from cost of assets to bring same to market value 1511 10 13 Total net or ledger assets less depreciation 10478443 09 Other Assets 14 Interest due 756217 and accrued 100 05811 on mortgages 107620 28 15 Interest accrued 1183 on bonds and stocks 11 s 33 17 Interest accrued 78340 on premiums notes loans or liens 783 40 18 Interest due 30000 on other assets 300 00ComptrollerGenerals Eeport 687 19 20 22 23 24 23 26 Rents due 123914 on companys pro perty or lease 1239 14 Total carried out Market value of real estate over cost Due from other companies for losses or claims on policies of this company reinsured 111126 15 207153 08 10000 00 New Business Renewals Gross premiums due and unreported on policies in force December 31 1911 Gross deferred premiums on policies in force December 31 1911 23661 60 71278 15 3959 00 67457 04 Totals Deduct loading 27620 00 138735 19 18726 79 27330 83 Net amount of uncollec t e d and deferred premiums 8893 81 111404 36 Extended at Unearned premiums for fire insurance home office building 120298 17 3408 21 2S Total assets as per the books of the company 10930429 30 i Items Not Admitted Agents balances 51736 11 Total assets less items not admitted 10878693 19 VLiabilities Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 computed according to The Actuaries Table of Mortality with four per cent interest and American Experi ence at 3 and 3 per cent 9004760 00 Deduct net value of risks of this company reinsured in other solvent companies 3630 00 Premium notes or loans on policies and other obligations in excess of the net value of their policies Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 11385 50 73790 00 688 ComptrollerGenerals Eeport J Claims for death losses and other policy claims resisted by the company 8000 00 8 Present value of unpaid amounts on matur ed installment policies 35020 00 9 Amount special surplus on combination policies 09011 31 Total 197812 81 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 50179 08 12 Amount of National state or other taxes due 42024 38 13 Amount due on account of salaries rents and office ex penses 1 U889 92 10 Amount of any other liability of the company viz Premiums paid in advance 1401855 innerest paid in advance 542S9 75 68308 30 17 Liabilities on polieyholdera account 9371944 49 18 Gross Surplus on policyholders account 1502954 17 19 Total liabilities 10874898 68 VI Premium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 67983 01 2 Premium notes loans or liens received dur ing the year on old policies 183140 99 Total 251120 00 Deductions during the year as follows Amount voided by apse 21517 Mi Amount redeemed by maker in cash 15120s 72 Total reduction of premium note account 172786 s Balance note assets nl end id the year 78340 02 Business in Georgia During Year No Amount Number and amounl of policies on the lives of citizens of Georgia in force December 31 id previous year 1817 5950252 00 Number and amount of policies on the lives of citizens oi Georgia during the year 32s 986645 00 Total 2145 0930897 00 Deduct number and amount which have ceased to bo in force during the year 101 509 448 00 Total number and amount of policies in force in Georgia December 31 1911 1954 6367449 00CompteolleeGtenebals Repobt 689 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1 5000 00 Amount of losses and claims on policies in Georgia incurred during the year 13 31000 00 Total 14 36000 00 Amount of losses and claims on policies in Georgia incurred during the year 13 34000 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 Total 152196 44 STATE MUTUAL LIFE INSURANCE CO OF ROME GEORGIA C R Porter President A G Wadsworth Secretary Principal Office State Mutual Building Broad St Rome Ga Dean Dean Attorneys for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 3184371 55 Extended at 3184371 55 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses 178924 87 IV2 Cash received for renewal premiums without deductions for commissions or other expenses 956559 92 3 From dividends applied to pay running premiums 81113 91 3 Prom dividends applied to purchase paid up additions and annuities 16 72 4 Prom surrender values applied to purchase paid up annuities 13557 02 Total 1230172 44 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 40983 renewals 214283 2552 66 7 Total premiums income 1227619 78 8 Cash received for interest on mortgage loans 79695 36 9 Cash received for interest on bonds owned and dividends on stock 7955 00690 ComptrollekGenerals Keport 10 Cash received for interest on premium notes loans or liens 83284 77 11 Cash received for interest on other debts due the company 7756 L6 13 Cash received for rents for use of company a property including 180000 for companys own occupancy 3000 00 IS From all other sources viz Gain in ledger assets 36723 89 Total Income 1776552 96 III Disbursements For The Sear 1 Cash paid for deatli claims including reversionary additions 261618 58 7 Total net amount actually paid for losses and matured endowments 261618 58 8 Cash paid to annuitants 18900 00 9 Disability claims 437 17 11 Cash dividends applied to pay running premiums 81113 9 12 Cash dividends applied to purchase paidup additions and annuities 1G 72 13 Surrender values paid in cash 351083 72 15 Surrender values applied to purchase paid up insurance and annuities 13557 02 Total paid policyholders 726727 12 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 12434167 renewals 8855569 212897 36 IS ash paid for salaries and allowances to managers and agents 27rsl si 19 Cash paid for medical examiners fees 1688850 in spection of risks 246747 19 355 07 2D Cash paid for salaries and all other compensation of Officers and other home office employees 62546 65 21 Cash paid for taxes on new premiums 14478 62 22 Cash paid for taxes on personal property 3518 71 23 Cash paid for insurance department fees and agents licenses 85875 municipal licenses 4 150 1270 25 24 Cash paid for rent including 180000 companys occu pancy less 120100 received under sulilease 3412 10 2i Cash paid for furniture fixtures and safes for home and agency offices 2 149 49 27 Cash paid for advertising 824192 printing 1218930 2oii 22 28 For legal expenses 15 301 60 20 Cash paid Im the following items viz Postage 346461 office expenses 607921 exchange and discount IS177 special examiner 143390 fire insurance 4900 loss ledger assets 2835114 agents balance charged offCompteollebGenebal s Kepobt 691 5 Vi 6 8 9 10 lie V 11 1002563 supplementary contracts 6438237 bonds amortized 59900 115008 16 30 Total disbursements IVAssets as per Ledger Accounts Cost value of real estate exclusive of all incumbrances Loans on mortgage first liens on real estate Loans secured by pledge of bonds stocks or other marketable collateral Loans made in cash to polieyholders on this companys policies assigned as collateral Premium notes loans or liens on policies in force Cost value of bonds and stocks owned excluding accrued interest at time of purchase Cash deposited in banks Bills receivable Agents ledger balances Outstanding new premiums 744988 54 947778 75 87000 00 1621358 33 47240 83 175742 58 93849 86 1910 48 13581 67 2793 98 Total net or ledger assets 3736245 02 14 15 16 18 23 24 Other Assets Interest due 16811 and accrued 779087 on mortgages 7958 98 Interest accrued 387500 on bonds and stocks 3875 00 Interest due 54056 on collateral loans 540 56 Interest accrued 105000 on other assets 1050 00 Total carried out 13424 54 Gross premiums due and unreported on policies in force December 31 1911 Gross deferred premiums on policies in force December 31 1911 Renewals 97380 29 34828 91 Total 132209 20 Deduct loading 26441 84 26 Net amount of uneollected and deferred premiums 105767 36 Extended 105767 36 27 Total 3855436 92692 ComptrollerGeneral s Report Items Not Admitted 1 Stock owned 1800 00 5 Agents balances 13581 67 7 Bills receivable 1910 48 Total 17292 115 9 Total assets less items not admitted 3838144 77 VLiabilities 1 Net present value of all the outstanding policies in force on the 31 day of Decem ber 1911 computed according to The American Experience Table of Mortality with 3 and 3 per cent interest 3285120 90 Deduct net value of risks of this company reinsured in other solvent companies 1222 80 Net reinsurance reserve 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 3186 25 5 Claims for deatli losses and matured endow ments in process of adjustment or ad justed and not due Hi500 00 6 Claims for death losses and oilier policy claims resisted by the company 3000 00 3283898 L0 Total policy claims lii Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 11 Amount of unpaid dividends to policyholders Ief1 at credit to draw interest 32506 and due and accrued interest thereon 2014 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office ex penses 14 Unearned interest 15 Persona commission to agents 16 Amount of any other liability of the company viz Prem ramspaid in advance 139431 sinrial reserve 100 00000 contingency reserve 250000 22080 25 82296 40 345 20 14000 70 1830 04 38774 12 i27 39 103894 31 17 Liabilities on policyholders account 3566968 51 18 Gross surplus on policyholders account 271170 26 19 Total Liabilities 3838144 77ComptbollebGenebals Repobt 693 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 60807 80 2 Premium notes loans or liens received dur ing the year 68996 70 Total 129804 50 Total reduction of premium note account 82563 67 Balance note assets at end of the year 47240 83 Business in Georgia During Year No Amount Number and amount of policies on the lives of citizens of Georgia in force Deceniber 31 of previous year 5166 13275520 50 Number and amount of policies on the lives of citizens of Georgia issued during the year 1163 2042884 00 Total 6329 15318404 50 Deduct number and amount which have ceased to be in force during the year 1585 3628367 00 Toal number and amount of policies in force in Georgia December 31 1911 4744 11690037 50 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 4 10000 00 Amount of losses and claims on policies in Georgia incurred during the year 35 103500 00 Total 39 113500 00 Amount of losses and claims on policies in Georgia paid during the year Annuitants 1080000 installments commuted 398250 compromised 170000 lump sum policies 105700 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 Total 40292762694 ComptrollerGeneral s Eeport STATE MUTUAL LITE ASSURANCE COMPANY OF WORCESTER MASS Burton H Wright President D W Carter Secretary Principal Office 340 Main Street Worcester Massachusetts William A Wright Attorney for Service in Georgia ICapital Stock Amount of net or ledger assets December 31 of previous year 35667941 25 Extended at 35667941 25 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses 599837 02 I1 Cash received for renewal premiums with out deductions for commissions or other expenses 4042696 71 2 Premium notes loans or liens taken in part payment for premiums on new policies 51248 00 3 Prom dividends applied to pay running premiums 560889 96 3 Prom dividends applied to purchase paid up additions and annuities 108276 59 41i Prom surrender values applied to pur chase paid up insurance and annuities 70062 07 5 Consideration for annuities other than matured installment policies 5433610 35 6 Deduct amount received from other com panies for losses or claims on policies in tliis company 40715 35 7 Total premium income 5392895 00 8 Cash received or interest on mortgage loans 357003 40 9 Cash received for interest on bonds owned and dividends on stock 954252 81 10 Cash received for interest on premium notes loans or liens 230200 64 11 Cash received for interest on other debts due the company 979 33 12 Cash received as discount on claims paid in advance 463 35 I Cash received for rents for use of companys property including 2510000 for companys own occupancy 114510 45 It Cash received for profits on sales of bonds and stocks 17098990 real estate S00000 all other 218739 258177 29 17 Premium notes loans or liens restored by revival of policies 1946 00ComptrollerGenerals Report 695 19 From all other sources viz Surplus contracts 4799215 Dividends to accumulate 921816 surplus values un adjusted 112429 141125 13 Total income t 7465663 40 IIIDisbursements For The Year 1 Cash paid for death claims including re visionary additions 1632835 77 2 Premium notes loans or liens used in pay ment of the same 3 Cash paid for matured endowments and additions thereto 4 Premium notes loans or liens used in the payment of same 5 Cash paid or sums falling due during the year on installment policies 458 00 669349 86 89 00 16918 03 Total 2319650 66 6 Deduct amount received from other com panies for losses or claims on policies of this company 28500 00 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of sur rendered policies 41700 voided by lapse 119000 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paid up additions and annuities 12 Dividends left with company to accumulate at interest 13 Surrender values paid in cash 2291150 66 17765 46 1607 00 84347 09 560889 96 108276 59 92118 69 615494 56 Total paid policyholders 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 25255377 renewals 26225602 18 Cash paid for salaries and allowances to managers and agents 19 Cash paid or medical examiners fees 3358200 inspec tion of risks 1178123 20 Cash paid for salaries and all other compensation of offi cers and other home office employees 21 Cash paid for taxes on premiums 22 Cash paid for taxes on reserves 4105849 on investments 2306740 5 3771650 01 514809 79 63733 81 45363 23 125204 39 45964 61 64125 89 696 CompteolleeGtenebals Eepoet 23 Cash paid for insurance department fees and agents licenses 632982 municipal licenses 149275 24 Cash paid for rent including 2510000 companys occu pancy less 80000 received under sublease 25 Cash paid for commuting commissions v 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 867634 printing 2465202 28 Cash paid for real estate expenses other than taxes 36 28400 for legal expenses 186718 29 Cash paid for the following items viz Accumulated dividend surplus 4465174 agency surplus and travel ing 709112 federal tax 1624838 sundries 33 19013 profit and loss 28422280 7822 57 44915 99 27993 63 8907 59 33328 36 38151 18 385404 17 30 Total disbursements 5177375 22 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 polieyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 10 Loans on personal security 1608615 50 8664108 00 5000 00 4981617 52 51248 00 4601 78 507945 42 9814 26 11 Total net or ledger assets as per balance above 37956229 43 12 Deduct depreciation from cost of assets to bring same to market value 318780 95 13 Total net or ledger assets less depreciation 37637448 48 Other Assets 14 Interest accrued 11310024 on mortgages 113100 2 1 15 Interest accrued 27331898 on bonds and stocks 273318 98 16 Interest accrued 12500 on collateral loans 125 00 17 Interest due 1059920 and accrued 54 52392 on premiums notes loans or liens 05123 18 18 Interest due 4593 and accrued 14799 on other assets 193 92 19 Rents due 47156 and accrued 1290926 on companys property or lease 13326 82 Total carried out 465188 14ComptrollerGenerals Beport New Business Renewals 697 23 Gross premiums due and unreported on policies in force December 31 1911i 24 Gross deferred premiums on policies in force December 31 1911 55237 48 309314 12 70839 97 444021 93 Totals 126077 45 25 Deducting loading 221 27863 12 753336 05 166487 27 26 Deduct amount of uncol lected and deferred premiums Extended 98214 33 586848 78 685063 11 28 Total assets as per the books of the company 37787699 73 Items Not Admitted 6 Loans on personal security endorsed or not with accrued 108 18 8 Supplies printed matter and stationery 10249 60 Total 20257 78 9 Total assets less items not admitted 38767441 95 VLiabilities 1 Net present value of all outstanding policies in force on 31 day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest American 3 per cent interest 344793 03 Deduct net value of risks of this company reinsured in other solvent companies 2611 27 Net reinsurance reserve 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 matur ed installment policies 342181 76 163 00 13374 00 109143 00 Total policy claims 122680 00 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 61245 83698 ComptrollerGenerals Report 12 Amount of national state or other taxes accrued 90000 00 13 Amount due on account of salaries rents and office ex penses 8on 74 16 Amount of any other liability of the company viz Premiums paid in advance 5225869 extra reserve on life annuity contracts 3027700 sup contracts unad justed sur values held to accumulate etc 951634 43 17 Liabilities on policyholders s account 35451748 00 18 Gross surplus on policyholders account 3315 693 95 19 Total liabilities 38767441 95 21 Estimated surplus accrued on all other policies 3545174800 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 57152 00 2 Premiums notes loans or liens received dur ing the year on old policies 111960 00 Total Deductions during the year as follows Amount used in payment of losses and claims g Amount used in purchase of surrendered policies Amount voided by lapse Amount redeemed by maker in cash 169112 00 547 00 417 00 1190 00 115710 00 Total reduction of premium note account Balance note assets at end of the year Business in Georgia During Year Number and amount 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 issueI during the year 117864 00 51248 00 No Amount 694 1395563 00 167 348790 00 Tota3 861 1744 on Deduct number and amount which have ceased to be in force during the year 2 1744353 00 Toal number and amount of policies in force in Georgia December 31 1911 779 1566243 00ComptrollerGenerals Report 699 No Amount Amount of losses and claims on policies in Georgia incurred during the year 20 10137 50 Total 20 10137 50 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deductions for losses dividends commissions or other expenses Total 5143433 THE TRAVELERS INSURANCE COMPANY OF HARTFORD CONN Sylvester C Dunham President Louis F Butler Secretary Home Office No 700 Main Street Hartord Connecticut ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 56455255 85 4 Extended at 56455255 85 IIIncome 5 First years premiums on original policies without deduction for commissions or other expenses less 3987768 for first years reinsurance 1091158 oo 6 Surrender values applied to pay first years premiums 7 Total first years premiums on original policies 1092406 78 8 Dividends applied to purchase paidup ad ditions and annuities 20265 00 9 Surrender values applied to purchase paid up insurance and annuities 22681 30 10 Consideration for original annuities involv ing life contingencies 101815 01 11 Consideration for supplementary contracts involving life contingencies 5269 59 12 Total new premiums 1242437 68 13 Renewal premiums in addition to items 14 16 and 17 without deduction for com missions or other expenses less 175 59816 for reinsurance or renewals 6492731 61 14 Dividends applied to pay renewal premiums 36531 82700 ComptrollerGenerals Report 16 Surrender values applied to pay renewal premiums 1931 66 17 Renewal premiums for deferred annuities 678 27 18 Total renewal premiums 6 531 873 36 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies 23 Gross interest on mortgage loans less 1227323 accrued interest on mortgages acquired during 1911 1223620 31 25 Gross interest on bonds and dividends on stocks less 1286106 accrued interest on bonds acquired during 1911 1123943 U 26 Gross interest on premium notes policy loans or liens 27 Gross interest on deposit in trust com panies 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 6204010 for companys occu pancy of its own buildings 84857 29 573613 79 397682 57 5982 87 127 01 1913 84 527 02 33 Total gross interest and rents 2 838 654 52 35 Profit and loss outstanding drafts not cashed 7918 miscellaneous 6358 142 76 40 From agents balances previously charged off 10 00 41 Gross profit on sale or maturity of ledger assets viz Real estate 2012875 bonds 2119581 total 41324 56 42 Gross increase by adjustment in book value of ledger assets viz Bonds 10807170 stocks 906250 117134 20 43 Total income 11345190 87 IIIDisbursements 1 For death claims less 8291500 rein surance 260004402 additions 3 72800 2603772 02 2 For matured endowments less 500000 reinsurance 96154954 961 549 54 3 Net amount paid for losses and matured endowments 3565321 56 4 For annuities involving life contingencies 34 808 44 4 For total disability claims 261 09 ComptrollerGenerals Eeport 701 6 Surrender vitlues paid in cash or applied in liquidation of loans or notes 744942 19 7 Surrender values applied to pay new premiums 64813 to pay renewal premiums 193166 2579 79 8 Surrender values applied to purchase paidup insurance and annuities 22681 30 10 Dividends applied to pay renewal premiums 36531 82 12 Dividends applied to purchase paidup additions and an nuities 20265 00 14 Total paid policyholders 4427391 19 15 Expense in investigation and settlement of policy claims including 165326 for legal expenses 3549 53 16 Paid for claims on supplementary contracts not involving life contingencies 480685 89 18 Paid stockholders for interest or dividends 250000 00 lS1 Discount on premiums paid in advance 1122 00 19 Commissions to agents less commission on reinsurance First years premiums 45460036 renewal premiums 28122659 annuities original 285521 renewal 1771 7386S9 87 20 Commuted renewal commissions 9888 00 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 42050 83 23 Branch office expenses including salaries of managers and clerks not included in item 21 202081 41 24 Medical examiners fees 6066007 inspection of risks 1712643 77786 50 25 Salaries and all other compensation of officers directors trustees and home office employees 211647 07 26 Rent including 2194742 for companys occupancy of its own buildings 85685 80 27 Advertising 2772956 printing and stationery 25 39171 postage telegraph telephone and express 42 51752 exchange 123646 96875 25 28 Legal expense not included in item 15 2972 64 29 Furniture fixtures and safes 17041 51 30 Repairs and expenses other than taxes on real estate 19957 26 31 Taxes on real estate 26099 89 32 State taxes on premiums 102853 18 33 Insurance department licenses and fees 9707 63 34 All other licenses fees and taxes 35 State county and municipal licenses and fees 3255 52 36 State county and muncipal taxes 1393 65 37 Taxes on reserve 7547 40 Mexican stamp tax 119 27 Federal corporation tax 1357 88 Total 13673 72702 ComptrollerGenerals Report 38 Other disbursements 39 Heat light and misc expenses of offices 10880 55 40 Newspapers periodicals and luniks 1910 82 41 Misc expense 7 119 53 42 Mortgage loan expense 36190 89 4M Traveling expenses of home office employees L0844 05 Total 45 Agents balances charged off 45 Profit and loss outstanding drafts previously credited 209 miscellaneous 4520 46 Gross loss on Bale or maturity of ledger assets viz Real estate 3165000 bonds 1598 00 47 IrosS leeruse by adjustment in book value of ledger assets viz Real estate 5000000 bonds 18475429 stocks 906250 ill 05 66945 201 47 29 33248 til 243816 7D 24 48 Total disbursements 7164 028 IVLedger Assets 1 Home office real estate 950 000 1 Book value of real estate 115 559 2 Mortgage loans on real estate 25 267 753 4 Loans made to policyholders on this companys policies assigned as collateral 3 088 832 i Look value of bonds 2304888100 anil stocks 1897 65558 24146536 1 Cash in companys office 7000 00 8 Deposits in trust companies and banks not on interest 77s 34 I Deposits in trust companies and banks on interest 1259967 62 total 1267745 00 00 32 62 58 12 Total ledger assets 60636418 NonLedger Assets 13 Interest due 643253 and accrued 462 93944 on mortgages 469371 97 14 Interest due 4935000 and accrued 850 41629 on bonds 399 766 29 96 48 21 Total interest and rents due and accrued 23 Market value not including interest in item 14 of bonds 869138 531346 2 42 New lln Renewals 25 Iross premiums due and unreported on policies in force December 31 lllll 10459 09 493038 52ComptkollekGeneeals Report 703 26 Gross deferred premiums on policies in force Decmber 31 1911 81945 55 580881 84 27 Totals 28 Deduct loading 92404 64 1073920 36 16355 62 102022 40 29 Net amount of uncollee ted and deferred prem iums 76049 02 971897 96 Extended 1047946 98 35 Gross assets 63084850 14 Deduct Assets Not Admitted 42 Overdue and accrued interest on bonds in default 54870 83 46 Admitted assets 63029979 31 VLiabilities Surplus and Other Funds Net present value of all outstanding poli cies in force on the 31 day of Decem ber L911 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 all participating business and upon all policies with surrender values based upon their reserve 4206870 00 Same for reversionar additions 11038 00 Total 4317259 00 3 American Experience table at 3 per cent on all policies not included in section 2 40410662 00 Total 49410662 00 5 Net present value f annuities including those in reduction of premiums viz Emory McClintocks Table of Mortality among Annuitants with per cent interest 452014 00 452014 00 Total 54179935 00 6 Deduct net value of risks of this company reinsured in other solvent companies 1026596 00 53153339 00 704 ComptrollerGenerals Eeport 7 Reserve to provide for health and accident benefits con tained in life policies 35000 0Q 8 Net reserve 53188339 00 9 Present value of amounts not yet due on supplementary contracts not involving life contingencies computed by the company less reinsurance reserve of 1739600 3669259 00 10 Liability on policies cancelled and not included in net reserve upon which a surrender value may be de manded 20000 00 12 Claims for death losses in process of ad justment or adjusted and not due 25402 34 13 Claims for death losses incurred for which no proofs have been received 277717 23 14 Claims for matured endowments due and unpaid 15126 90 15 Claims for death losses and other policy claims resisted by the company 2437 09 17 Total policy Claims 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 23 Commissions to agents due or accrued 25 Salaries rents office expenses bills and accounts due or accrued 26 Medical examiners fees 648200 and legal fees 54400 due or accrued 27 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 31 Dividends or other profits due policyholders including those contingent on payment of outstanding and deferred payment of outstanding and deferred premiums 32 Dividends declared on or apportioned to annual dividend policies payable to policyholders during 1912 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 not included in item 33 Additional for pro rata paidup insurance values Additional for deferred reversionary and miscellaneous an unity contracts Special contingency reserve 36 37 38 320683 56 640 00 83858 95 198841 29 1267 64 35763 00 7026 00 104942 00 5266 85 55397 59 134940 00 5000 00 15000 00 50000 00ComptrollerGenerals Eeport 705 40 Premiums paid in advance on applications restorations or charges which have not been accepted by the company 2309 82 45 Unassigned funds surplus 5131444 61 46 Total 63029979 31 Business in The State of Georgia During 1911 No Amount Policies on the lives of citizens of said state in force December 31 of previous year 1543 4893877 00 Policies on the lives of citizens of said state issued during the year 108 282500 00 Total 1651 5176377 00 Deduct ceased to be in force during the year 87 255424 00 Policies in force December 31 1564 4920953 00 No Amount Losses and claims unpaid December 31 of previous year 3 12750 00 Losses and claims incurred during year 19 100257 78 Total 22 133007 78 Losses and claims settled during year 22 109596 13 Losses and claims unpaid December 31 3411 65 Premiums collected or secured in cash and notes or credits without any deduction or losses dividends commissions or other expenses Total 14912778 UNION CENTRAL LIFE INSURANCE COMPANY OF CINCINNATI O Jesse R Clark President John D Sage Secretary Principal Office 353 W 4th St Cincinnati Ohio Thos H Daniel 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 77959164 81 Extended at 77959164 81 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses 261348 82706 ComptrollerGenerals Report 1 Cash received for renewal premiums without deductions for commissions or other expenses 2 Premium notes loans or liens taken in part payment for premiums on new policies 2 Premium notes loans or liens taken in part payment for renewal premium 3 From dividends applied to pay running premiums 3i From dividends applied to purchase paid up additions and annuities 4 From surrender values applied to pay run ning premiums 41 From surrender values applied to pur chase paidup insurance and annuities 5 Consideration for annuities other than matured installment policies 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 1668868 renewals 15886936 3565306 54 1004757 43 322029 73 111578 97 69854 76 5465 50 175558 04 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 or 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 Casli received for rents for use of companys property including 1160000 for companys own occupancy 14 Cash received for profits on sales of real estate 16 From dividends left on deposit 18 From compromise and adjustment of mortgage loans 19 From all other sources viz Consideration for supplemen tary contracts not involving life contingencies 10947556 33 3980249 57 500 00 910120 79 21438 97 2084 74 21653 03 11224 27 448 51 59141 15 146806 00 Total income 16101223 36 IIIDisbursements For The Year 1 Cash paid for death claims including re visionary additions 2592571 71 2 Premiums notes loans or liens used in payment of the same 26140 91 3 Cash paid for mutual endowments and ad ditions thereto 587177 73 3 Cash paid for life rate endowments 1606769 87COMPTEOLLEEGrENEEAL S UePOET 70 5 Cash paid for same falling due during the year on installment policies 96036 12 Total 4908696 34 6 Deduct amount received from other com panies for losses or claims on policies of this company 96286 75 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of sur rendered policies 2146803 voided by lapse 114 14162 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 4812409 59 22970 85 135609 65 91128 38 1004757 43 322029 73 1095479 48 111578 97 69854 76 Total paid policyholders 7665818 84 16 Cash paid stockholders for interest on dividends 50000 00 17 Cash paid for commissions and bonuses to agents less reinsurance new policies 594075 98 renewals 496 24207 1090318 05 18 Cash paid for salaries and allowances to managers and agents and other agency expenses 84431 50 19 Cash paid for medical examiners fees 6298950 inspec tion of risks 442846 67417 96 20 Cash paid for salaries and all other compensation of officers and other home office employees 378992 9b 21 Cash paid for taxes on new premiums and renewals 172813 lo 22 Cash paid for taxes on reserves and investments 32094 29 23 Cash paid for insurance department fees and agents and municipal licenses 29665 66 24 Cash paid for rent including 1160000 companys occu pancy 40439 01 25 Cash paid for commuting Commissions 32809 00 26 Cash paid for furniture fixtures and safes for home and agency offices 10213 89 27 Cash paid for advertising 2831896 printing 2300706 postage 2115268 72478 70 28 Cash paid for real estate expenses other than taxes 4 67295 for legal expenses 45457 68 50130 63708 ComptrollerGenerals Report 29 Cash paid for the following items viz Mortgage and mortgage loan expense 301378 70 Profit and loss and other miscellaneous disbursements 157 501 08 30 Total disbursements iy 29 503 IVAssets as per Ledger Accounts 1 Cost value of real estate exclusive of all incumbrances 2 Loans on mortgage first liens on real estate 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in company s office 8 Cash deposited in banks 515732 67264725 13099925 2119963 25000 5610 732926 4S 89 82 56 54 00 38 50 11 Total net or ledger assets 12 Deduct depreciation from cost of assets to bring same to market value 83763884 51698 13 Total net or ledger assets less depreciation 69 11 58 Other Assets 14 Interest due 9451796 and accrued 2 41467158 on mortgages 2509189 54 15 Interest due 12500 on bonds and stocks 12500 17 Interest due 3649628 and accrued 452 52930 on premiums notes loans or liens 489025 58 19 Rents due 56000 ami accrued 30000 on companys property or lease 860 00 Total carried out o 999 200 12 21 Market value of bonds ami stocks over cost 82 50 New Business Renewals 23 Gross1 Premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 76654 44 5474S7 24 12490 84 98113 50 Totals 89145 28 645600 74 25 Deducting loading 20 per Cent on new and 20 per cent on renewals 1782906 129120 15ComptrollerGeneral s Eepobt 709 26 Net amount of vmcollected and deferred prem iums 71316 22 516480 59 Extended 587796 81 28 Total assets 87299246 01 VLiabilities 1 Net present value of all the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cent interest and American Table with 3 per cent interest 70075001 00 Deduct net value of risks of this company reinsured in other solvent companies 633354 00 Net reinsurance reserve 09441647 00 3 Claims for death losses due and unpaid 2500 00 4 Claims for matured endowments due and unpaid 4771 62 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 126470 84 6 Claims for death losses and other policy claims resisted by the company 13189 58 8 Present value of unpaid amounts on matur ed installment policies 918577 00 9 Amount of dividends held by the company on deposit 773 01 Total policy claims 1066282 05 10 Amount of all unpaid dividends of surplus or other des cription of profits due policyholders 96031 12 11 Amount due on individual accounts 13451 80 12 Amount of national state or other taxes due or accrued 179810 96 13 Amount due on account of salaries rents and office ex penses 314989 commission to agents due or contin gent 25874903 261898 92 14 Amount due by the company for medical and legal fees 10450 64 15 Amount due to officers or others for advances on account of organization cost of collection on unpaid and deferred premium over loading 20015 27 16 Amount of any other liability of the company viz Premiums paid in advance 9681248 intertst and rents paid in advance 114624 93 surplus credited to special forms of policies 962243100 dividends payable in 1912 273599209 12569860 50710 ComptrollerGenerals Report 17 Capital stock 500000 00 18 Surplus derived from nonparticipating policies 1064929 93 19 Participating policies 2 074 867 82 20 Total liabilities 87299246 01 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 2035735 49 2 Premium notes loans or liens received dur ing the year on new policies 1034 08124 on old policies 474869138 5782772 62 Total 7818508 11 Deductions during the year as follows Amount used in payment of losses and claims 26140 91 Amount used in purchase of surrendered policies 21468 03 Amount voided by lapse 144779 48 Amount redeemed by maker hi cash 5506156 15 Total 5698544 57 Balance note assets 2119963 54 Business in Georgia During Year No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 6109 11571112 00 Number and amount of policies on the lives of citizens of Georgia issued during the year L29S 2897023 00 Total 7404 14468135 00 Deduct number and amount which have ceased to be in force during year 499 961142 00 Total number and amount of policies in force in Georgia December 31 1911 6905 13506993 00 No Amount Amount of losses and claims on policies in Georgia incurred during t he year 38 95616 98 Total 38 95616 98 Amount of losses and claims on policies in Georgia paid during the year 37 94616 98ComptrollerGenerals Report 711 Amount of premiums collected or secured in Georgia during the year in cash and notes or credits without any deduction for losses dividends com eommissions or other expenses Total 370471 45 UNITED STATES ANNUITY AND LIFE INSURANCE COMPANY OF CHICAGO ILLINOIS Henry A Salzer President Wiiu T Smith Secretary Principal Office 332 S Michigan Ave Chicago 111 ICapital Stock 1 Amount of capital stock paid up in cash 293900 00 Amount of net or ledger assets December 31 of previous year 582066 93 Decrease of capital during 1911 stock con tributed by stockholders 6100 00 Surplus on capital sold in year 18306 50 Extended at 594273 43 ITIncome During Year It n 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 From dividends applied to pay running premiums 3 From dividends applied to purchase paid up additions and annuities 122444 89 179815 60 18671 48 967 10 Total 321899 07 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 630759 renewals 524992 11557 51 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 in other debts due the company 310341 56 13421 50 17225 71 1682 76 969 26712 ComptrollerGenerals Keport 19 From all other sources viz Dividends left with the company to accumulate at interest Total income IIIDisbursements For The Year 22731 00 1 Gash paid for death claims including re visionary additions Total 22731 00 7 Total net amount actually paid for losses and matured endowments 9 Premium notes loans or liens used in purchase of sur rendered 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 and left to accumulate 15 Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 16 Cash paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 5632477 renewals 3093339 19 Cash paid for medical examiners fees 1121050 inspec tion of risks 260614 20 Cash paid for salaries and all other compensation of officers and other home office employees 21 Cash paid for taxes 22 Cash paid for taxes on reserves 23 Cash paid for insurance Department fees and agents licenses 24 Cash paid for rent 25 Cash paid for investigation and settlement of policy claims 26 Cash paid for furniture fixtures and safes for home and agency offices 27 Cash paid for advertising 60641 printing 40726 postage 115287 exchange 7710 29 Cash paid for the following items viz Miscellaneous office expense Investment expenses 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 1385 04 345025 83 22731 00 1406 43 18253 50 11 10 6277 52 956 00 49635 55 14898 48 87258 16 13816 it 24530 56 3846 43 348 00 5927 05 2599 98 i 726 06 858 45 2243 64 1382 94 2107 15 210179 09 11600 00 308905 00ComptrollerGeneral s Eeport 713 3 5 6 7 8 9 11 12 13 14 15 21 23 24 Loans secured by pledge of bonds stocks or other market able collaterals Premium notes loans or liens on policies in force Cost value of bonds and stocks owned excluding accrued interest at time of purchase Cash in companys office Cash deposited in banks Bills receivable Total net or ledger assets Deduct depreciation from cost of assets to bring same to market value Total net or ledger assets less depreciation Other Assets Interest accrued 608782 on mortgages Interest accrued 72313 on bonds and stocks Total carried out Market value of bonds and stocks over cost Gross premiums due and unreported on policies in force December 31 1911 Gross deferred premiums on policies in force December 31 1911 Extended Total assets Items Not Admitted Bills receivable Unpaid premiums in excess of reserve 9 Total Total assets less items not admitted VLiabilities Net present value of all the outstanding policies in force on the 31st day of 6087 82 723 13 20947 69 11854 98 Total 32802 67 25 Deducting loading nearly 20 per cent on renewals 6566 54 26 Net amount of uncollected and deferred premiums 26236 13 105 68 1490 60 27793 43 5590 73 326970 50 12513 26 35641 57 105 68 729120 17 23500 00 705620 17 6810 95 10000 00 26236 13 748667 25 1596 28 747070 97714 CompteolleeGenebals Report December 1911 computed according to The Actuaries Table of Mortality with four per cent interest 412553 00 Deduct net value of risks of this company reinsured in other solvent companies 6328 00 Net reinsurance reserve 406225 00 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due 7280 00 Total policy claims 7280 00 10 Amount of all unpaid dividends of surplus or other des cription of profits due policyholders 30943 01 12 Amount of national state or other taxes due 4442 20 13 Amount due on account of salaries rents and office ex penses 142 98 16 Amount of any other liability of the company viz Premiums paid in advance 39234 and other claims 3186 20 17 Liabilities on policyholders account 452219 39 18 Gross surplus on policyholders account 294851 58 19 Total liabilities 747070 97 20 Estimated surplus accrued on tontine and other policies the profits upon which are especially reserved for that class of policies 5387 92 21 Estimated surplus accrued on all other policies 18643 23 VIPremium Note Account 1 Premium notes loans or liens on hand December 31 or previous year 2767 64 2 Premium notes loans or liens received dur ing the year on old policies 15834 97 Total 18602 61 Deductions during the year as follows Amount voided by lapse 1406 43 Amount redeemed by marker in cash 11605 45 Total reduction of premium note account 13011 88 Balance note assets at end of the year 5590 73ComptrollerGeneral s Eeport 715 Business in Georgia During Year No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 94 143164 50 Number and amount of policies on the lives of citizens of Georgia issued during the year 167 527691 00 Total 261 670855 50 Deduct number and amount which have ceased to be in force during the year 57 108310 00 Total number and amount of policies in force in Georgia December 31 1911204 562545 50 VOLUNTEER STATE LIFE INSURANCE COMPANY OF CHATTANOOGA TENNESSEE Z C Patten President A L Key Secretary Principal Office Chattanooga Tennessee A W Jackson 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 Extended at 915597 60 915597 60 IIIncome During Year 1 Cash received for premiums on new policies without deductions for commissions or other expenses 131587 93 y Cash received for renewal premiums without deductions for commissions or other expenses 311678 84 2 Premium notes loans or liens taken in part payment for premiums on new policies 8452 39 2 Premium notes loans or liens taken in part payment for renewal premium 69170 48 3 From dividends applied to pay running premiums 12179 90 3 From dividends applied to purchase paid up additions and annuities 904 57 Total 533974 11716 ComptrollerGenerals Repoet Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 311960 renewals 731100 10430 60 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 1 42000 15 Secured agents balances repaid 16 Increase in book value of bonds 17 Worthless notes previously charged off 18 Premiums pending 575il premiums paid in advance 66980 19 From all other sources Guaranteed dividends unpaid 1 02190 gain from unpaid cos checks 6101 Total income 523543 51 33448 46 5054 00 11994 74 4398 59 1420 00 3015 59 493 00 755 62 1245 41 1082 91 586451 83 IIIDisbursements For The Year 1 Cash paid for death claims including re visionary additions 107646 78 5 Cash paid for sums falling due during the year on installment policies 350 00 Total 10799678 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 9 Premium notes loans or liens used in purchase of sur rendered policies voided by lapse 10 Cash dividends paid policyholders 11 Cash dividends applied to pay running premiums 12 Cash dividends applied to purchase paidup additions and annuities 13 Surrender values paid in cash Total paid policyholders 16 Casli paid stockholders for interest on dividends 17 Cash paid for commissions and bonuses to agents less com mission on reinsurance new policies 8279912 renewals 1818509 18 Cash paid for salaries and allowances to managers and agents 107996 78 732 14 2907 64 12678 71 12179 90 904 57 32658 69 170058 43 3000 00 100984 21 28206 99ComptkollekGenerals Report 717 19 20 21 22 23 24 26 27 29 Cash paid for medical examiners fees 1413438 inspec tion of risks 238016 16514 54 Cash paid for salaries and all other compensation of officers and other home office employees 30558 69 Cash paid for taxes on new premiums 131848 on re newals 159985 2918 33 Cash paid for taxes on assets 1308 48 Cash paid for insurance department fees and agents licenses 138800 municipal licenses 107860 2466 60 Cash paid for rent including 237333 2373 33 Cash paid for furniture fixtures and safes for home and agency offices 1490 06 Cash paid for advertising 559480 printing 379450 postage 215442 telegraph 30271 telephone 46726 express 41188 12927 95 Cash paid for investment expenses other than taxes 76123 for legal expenses 145075 exchange 20238 2211 98 Cash paid for the following items viz Various 5815 37 Miscellaneous funds paid 4555 59 Agents balances charged off 5813 93 30 Total disbursements 391204 48 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 4 Loans made in cash to policyholders on this companys policies assigned as collateral 5 Premium notes loans or liens on policies in force 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks 9 Bills receivable 10 Agents ledger balances 609470 00 52500 00 175421 58 19431 68 164784 00 13696 67 72740 94 12866 94 533 14 11 Total net or ledger Assets 1110844 95 Other Assets 14 Interest due 36500 and accrued 15 14424 on mortgages 15 Interest accrued 18101 on bonus and stocks 16 Interest accrued 81583 on collateral loans 17 Interest accrued 47261 on premiums notes loans or liens 15509 24 181 01 815 83 472 61 Total carried out 16978 69718 ComptrollerGenerals Report 23 Gross premiums due and unreported on policies in force December 31 1911 24 Gross deferred premiums on policies in force December 31 1911 New Business 2520 08 Renewals 36511 87 14582 34 Totals 25 Deducting loading 65 per cent on new and 10 per cent on renewals 2520 08 51094 21 1638 05 5109 42 26 Net amount of uncollec ted and deferred prem iums Extended 882 03 45984 79 46866 87 28 Total assets as per the books of the company 1174 690 46 Items Not Admitted 5 Agents balances 7 Bills receivable 1942 43 2866 94 Total 4809 37 Total assets less Hems not admitted 1169 881 09 VLiabilit ies 1 Net present value of al the outstanding policies in force on the 31st day of December 1911 computed according to The Actuaries Table of Mortality with four per cenl interest 987 514 00 Deduct net value of risks of this company reinsured in ether solvent companies 6235 00 Net reinsurance reserve 5 Claims for death losses and matured en dowments in process of adjustment or ad justed and not due 20 000 00 i Claims for death losses and other policy claims resisted by the company 10000 00 8 Present value of unpaid amounts on install ment policies 782 24 98117i 00 Total policy claims 37882 24ComptrollerGenerals Keport 719 10 Amount of all tjnpaid dividends of surplus or other des cription of profits due policyholders 12 Amount of national state or other taxes due 13 Amount due on account of salaries rents and office ex penses 14 Trust funds company for borrowed money 16 Amount of any other liability of the company viz Premiums paid in advance 66980 unearned interest 457265 commission due agents 145111 medical fees 107800 premium reduction coupons unpaid 102190 premiums pending 60536 17 Liabilities on polieyholder s account capital stock 18 Gross surplus on policyholders account 1151 22 3585 00 1568 68 303 40 9398 82 100000 00 34712 73 19 Total liabilities VIPremium Note Account hand 1 Premium notes loans or liens on December 31 or previous year 2 Premium notes loans or liens received dur ing the year on new policies 845239 on old policies 6917048 23553 52 77622 87 Total Deductions during the year as follows Amount voided by lapse carried to suspense account 6882 91 Amount redeemed by maker in cash 74861 80 101176 39 Total reduction of premium note account Balance note assets at end of the year Business in Georgia During Year Number and amount of policies on the lives of citizens of Georgia in force December 31 of 81744 71 No previous year 1065 Number and amount of policies on the lives of citizens of Georgia issued during the year 431 Total 1496 Deduct number and amount which have ceased to be in force during the year 242 Total number and amount of policies in force in Georgia December 31 1911 1254 19431 68 Amount 1702102 00 728138 00 2430240 00 330646 00 2099594 00720 ComptrollerGenerals Eeport No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1 5000 00 Amount of losses and claims on policies in Georgia issued during the year 9 20 000 00 Total 10 25000 00 Amount of losses and claims on policies in Georgia paid during the year 7 13000 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 Total 6792341ASSESSMENT COMPANIES AMERICAN INSURANCE COMPANY OF SAVANNAH GEORGIA N T Counts President M L Sutherland Secretary Principal Office 115 Park Ave West Savannah Ga Gordon Saussy Attorney for Service in Georgia IBalance Seet Amount of net or ledger assets December 31 of previous year 8146 39 IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 3 Assessments fixed in advance 23347 14 Total paid by members 23347 14 5 Interest 175 00 7 Cash received from all other sources viz Borrowed money 35333 guarantee fund 50000 total 853 33 Total income 24375 47 IIIDisbursements During Year 1 Losses and claims 11749 63 2 Weekly payments and assessments returned to members 25 85 Total paid to members 11775 48 5 Salaries and traveling expenses of members of agencies and general special and local agents 9464 46 7 Salaries and other compensation of officers and othei office employees 2567 00 8 Taxes 342 72 10 Blanks and printing 415 20 11 All other items viz Auditing 23000 office expenses 232 26 interest dis 19805 legal expenses 5932 719 63 Total disbursements 25284 49722 CompteolleeGenerals Eeport IVInvested Assets 1 Cost value of real estate in cash exclusive of all incum brances 5 Cast value of bonds and stocks owned absolutely All other deposits The Germania Bank 9 All other ledger assets viz Furniture and fixtures 12550 office equipment 40000 total 10 Total net or ledger assets 2000 00 4700 00 11 87 t 525 50 7237 37 VContingent Assets 12 Interest accrued 19 Weekly payments or premiums due and unpaid on membership in force 1500 34 21 Total due from members 22 Deduct estimated cost of collection 1500 34 225 05 23 Net amount due from members 24 All other assets viz Debit cash values which is less than cost value 43 75 1275 29 12146 80 Total assets 20793 21 VILiabilities 1 Losses due and unpaid 30 50 5 National State or other taxes accrued 15 61 7 Borrowed money 1353 33 9 Amount of all other liability viz Guarantee fund 1300000 interest accrued on G F 170524 prem iums paid in advance 4470 reserve as per act Aug 16 1909 212138 Total 16871 32 Total liabilities 18270 76 VIIExhibit of Certificates or Policies No Amount Policies in force December 31 1910 4613 186047 75 Policies or certificates written during the year 1911 L0358 430563 00 Total 14971 616610 75 Deduct number and amount which have ceased to be in force during 1911 10374 432917 25 Total policies or certificates in force December 31 4597 183693 50 Losses and claims on policies or certificates incurred during the year 1911 3397 11780 13 yComptrollerGenerals Report 723 Losses and claims on policies or certificates paid dur ing the year 1911 3387 11749 63 AMERICAN INSURANCE COMPANY OF ATLANTA GEORGIA M T LaHatte President C T Merritt Secretary Principal Office 304 Temple Court Atlanta da IBalance Sheet Amount of net or ledger assets December 31 of previous year 13375 99 IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees 8863 27 Total paid by members 8863 27 5 Interest 4 80 7 Cash received from all other sources viz Bills receiv able 187155 cash fund 76115 2638 70 Agents advances 14101 guarantors 2075 01 Total income 13581 78 IIIDisbursements During Year 1 Losses and claims 1853 67 2 Annual payments and asgments returned to members 342 67 Total paid to members 2196 34 3 Commissions and fees retained by or paid to agents 1957 44 5 Salaries and traveling expenses of members of agencies and genera special and local agents 292 11 6 Bills receivable 2189 r 7 Salaries and other compensation of officers and ether office employees 3476 57 8 Rent 24000 taxes 27165 511 65 9 Advanced to officers and agents to be repaid out of future salaries or commissions 417 60 10 Advertising 20147 blanks and printing 34364 545 11 11 All other items viz Miscellaneous expense 474 27 Guarantors fund 1321 19 Total disbursements 13581 78724 ComptbollebGenebals Eepoet IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 5 Cost value of bonds and stocks owned absolutely 7 Cash deposited in banks on reserved fund account Cash in hands of agent s Gurantors fund 400000 furniture and fixtures 18600 Charter 10000 supplies 30000 bills receivable 10295 total 9 All other assets 200 00 1250 00 1071 13 1507 10 4486 00 3502 95 368 81 Total net or ledger assets L3375 99 VContingent Assets II Market value of real estate over cost 19 Annual payments or premiums due and unpaid on memberships in force 4021 85 20 Annual payments or premiums in process of collection not yet due 1256 65 21 Total due from members 22 Deduct estimated cost of collection 5279 50 1319 62 23 Net amount due from members 24 All other assets viz Contingent fund fixed by bylaws Total assets 1000 00 3959 88 44316 35 62 651 22 YTLiabilities 2 Losses in process of adjustment or adjusted and not due 425 00 4 Losses resisted by the company 5700 no 7 Borrowed money 1 Total liabilities 7125 00 VII Exhibit of Certificates or Policies No Amount Policies or certificates in force December 1 1906 1420 910200 00 Policies or certificates written during the year 1907 719 45162 00 Total 2139 1361823 00 Deduct number and amount which have ceased to be in force during 1907 L012 583 265 00 Total policies or certificates in force Pit 31 1907 1127 778558 00ComptrollerGenerals Report 725 american life annuity company of georgia atlanta ga B S Calhoun President T K Bowles Secretary Principal Office 3rd Floor Forsyth Building Atlanta Ga Wra A Wright Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets received from American Life Annuity Association October 18 66157 49 IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 3 Assessment premiums 4557 50 Total paid by members 4557 50 5 Interest 141 45 6 Borrowed money F W Leonard 51333 Ohas Thomp son 200000 total 2513 33 7 Cash received from all other sources viz Sale of income certificates 36600 00 Total 43812 28 IIIDisbursements During Year 1 Losses and claims 250 00 2 Annual payments and assessments returned to members 6 46 Total paid to members 256 46 3 Commissions and fees returned by or paid to agents 3815 26 5 Salaries and traveling expenses of members of agencies and general special and local agents 259 60 6 Medical examiners fees whether paid direct by mem bers or otherwise 385 37 7 Salaries and other compensation of officers and other office employees 514 00 8 Bent 27750 license 18750 465 00 10 Advertising 5670 blanks and printing 106734 1124 04 11 All other items viz Interest 5917 exch and dies 105647 expense 14540 126104 Postage 4450 telegraph telephone and express 17192 215 42 Commission to agents on certificates 4485 83 Total disbursements 12782 02726 COMPTROLLERGrENERAL s EePORT IVInvested Assets 2 Loans on bonds and mortgage first liens on real estate 2000 00 5 Cost value of bonds and stocks owned absolutely 20000 00 6 Cash in office 690 25 7 Cash deposited in banks on reserved fund account Certi ficate of deposit Bank of Whigham Ga 4 per cent 50000 certificate of deposit Bank of Whigham Ga 50000 certificate of deposit Bank of Denton Ga 4 per cent 250000 certificate of merchants Farm ers Bank Willichoochee Ga 4 per cent 14000 total 3640 00 All other deposits Lowry National Bank 26 46 Bills receivable 61861 37 Premium notes 1st years 72722 renewal 17423 total 901 45 8 Agents ledger balances accounts receivable 7006 92 9 All other ledger assets viz Furniture and fixtures 1061 30 Total net or ledger assets 97187 75 VContingent Assets 12 Interest on bonds accrued 13 Interest accrued on mortgage loans 19 Annual payments or premiums due and unpaid on memberships in force 4674 57 21 Total due from members 4174 r7 22 Deduct estimated cost of collection 4097 16 23 Net amount due from members Total assets 520 00 20 00 577 41 98305 16 VILiabilities 2 Losses in process of adjustment or adjusted and not due No of claims 3 present value on annuities not due payable o per month 4 Notes payable 5 Interest accrued on certificates 6 Accounts payable F Y Leonard 51333 W II Born 4713 9 Amount of all other liability viz Reserve on policies Total liabilities 6796 llll 2205 ill 3665 10 560 40 3540 00 16767 06 VIIExhibit of Certificates or policies No Amount Policies or certificates written during the year 1911 including reinsurance 139 439500 00 Total 139 439500 00CompteolleeGeneeals Report 727 Deduct number and amount Which have ceased to be in force during 1911 1 3000 00 Total policies or certificates in force Dec 31 1911 138 436500 00 Business in Georgia During Year Policies or certificates written during the year 1911 139 439500 00 Total 139 439500 00 Deduct number and amount which have ceased to be in force during 1911 1 3000 00 Total policies in force December 31 1911 138 436500 00 ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA A F Herndon President T K Gibson Asst Secty Principal Office 202 Auburn Avenue Atlanta Ga Hon W A Wright Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous 875 73 year v IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 4 333 00 1 Membership fees gg 2 Annual dues Total paid by members 1501 88 5 Interest 7 Cash received from all other sources viz Reserves re vivals advances deficiencies and miscellaneous 12179 79 Totalincome 162766 67 IIIDisbursements During Year 64021 26 1 Losses and claims v 2 Annual payments and assessments returned to members 101 bo A Total paid to members 64122 91 3 Commissions and fees retained by or paid to agents 52854 88728 ComptrollerGenerals Beport 5 Salaries and traveling expenses of members of agencies and general special and local agents 21 212 74 7 Salaries and other compensation of officers arid other office employees 8 Rents taxes commuted commissions 9 Advanced to officers and agents to re repaid out of future salaries or commissions 10 Advertising 80597 blanks and printing 86325 11 All other items viz Purchase of bonds 548167 ex press 9402 postage 69620 legal expenses 12825 Interest on Guarantee certificates 64000 auditing 64025 organization Ala exp 49169 miscellaneous 468810 total i2856 18 Total disbursements Total net or ledger assets j VContingent Assets 15 Market value of bonds and stocks over cost 19 Annual payments or premiums due and unpaid on memberships in force 4418 50 20 Annual payments or premiums in process of collection not yet due 4113 50 21 Total due from members 22 Deduct estimated cost of collection 8532 00 1706 40 23 Net amount due from members Total assets V ILiabilities 1 Losses due and unpaid 2 Losses in process of adjustment or adjusted and not due 6 For salaries rents and office expenses 8 To officers or others for advances on account of expenses of organization 9 Amount of all other liability viz Calendars 47500 bills payable 22500 required reserve on 37633500 Insurance in force Total liabilities 3945 36 2975 38 50 00 1669 22 159690 67 IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 10850 00 All other deposits Ga Savings Bank Trust Co 69033 cash in office Bee 31 1911 7237 furniture and fix tures 927241 agents ledger balances 141662 11451 73 22301 73 850 00 6825 60 29977 33 12 71 177 55 1760 00 2870 00 5644 93 11335 23ComptrollerGenerals Eeport VIIExhibit of Certificates or Policies Insurance in force December 31 1910 as per auditors report Amount written in 1911 21864 Amount lapsed in 1911 17208 Net 4656 Total in force Business in Georgia During Year Insurance in force as per auditors report Amount written in 1911 1319 Amount lapsed in 1911 9873 Net 3317 Total in force 729 364695 00 54660 00 43020 00 11640 00 376335 00 263033 00 32975 00 24682 50 8292 50 271325 50 BANKERS HEALTH AND LIFE INSURANCE COMPANY OF MACON GA P L Hay President P C Carnes Secretary Principal Office 607610 Grand Bldg Macon Ga C A Glawson Macon Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 1910 11734 08 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows 1 Membership fees 4963 55 2 Annual dues 148507 55 Total paid by members 153471 10 5 Interest 185 90 7 Cash received from all other sources viz 200000 income certificates by P L Hay and T E Phillips 2000 00 Total income 155657 00 IIIDisbursements During Year 1911 1 Losses and claims 60201 80 2 Annual payments and assessments returned to members 216 30 Total paid to members 60418 1058992 39 16919 11 4958 95 2796 15 3243 86 78 45 2273 75 2926 85 730 ComptrollerGenerals Report 3 Commissions and fees retained by or paid to agents 4 Commissions and fees retained by or paid to officers and directors 5 Salaries and traveling expenses of managers of agencies and general special and local agents 7 Salaries and other compensation of officers and other office employees 8 Bent 177625 taxes 146761 total 9 Advanced to officers and agents to be repaid out of future salaries or commissions 10 Advertising and blanks and printing 11 All other items viz Attorneys fees 25945 interest on incorporation certificates1 87200 miscellaneous ex penses 109340 furniture and fixtures 70200 total Total disbursements IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 6 Cash in office 7 Cash deposited in banks on reserved fund account viz Citizens National Bank All other deposits viz Citizens National Bank 8 Agents ledger balances 9 All other ledger assets viz Furniture and fixtures 10 Total net or ledger assets less depreciation 14787 13 VContingent Assets 19 Annual payments or premiums due and unpaid on member ships in force 4968 60 20 Annual payments or premiums in process of collection not yet due 104000 00 21 Total due from members 108968 60 22 Deduct estimated cost of collection 27282 10 23 Net amount due from members 81686 50 24 All other assets viz Books and printing 750 00 Total assets 97223 63 VILiabilities 5 State or other reserve liability of 150 for each 10000 insurance in force sick claims included 12908 70 6 For salaries rents and office expenses 319 70 9 Amount of all other liability viz Eobt Chapman Co 30000 American Art Wks 21000 total 510 00 Total liabilities 13738 40 152607 61 10000 00 213 91 1000 00 462 82 110 40 3000 00 CompteolleeGeneeals Repobt 731 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 27602 607240 00 Policies or certificates written during the year 1911 34532 966890 00 Total 62134 1574130 00 Deduct number and amount which have ceased to be in force during 1911 29454 795250 00 Total policies in force December 31 1911 32680 778880 00 Losses and claims on policies or certificates incurred during the year 1911 60201 80 Total 60201 80 Losses and claims on policies or certificates paid during the year 1911 60201 80 CAPITOL CITY FIRE INSURANCE CO OP ATLANTA GEORGIA Geo W Cooper President Robt L Lyons Secretary Principal Office 919 Austell Building Atlanta Ga Judge A L Bartlett Dallas Attorney for Service in Georgia IIIncome During Year 1911 2 Annual dues 1563 31 Total paid by members 5Z 31 7 Cash received from all other sources viz Advanced by members for organization purposes 560 00 Total income 2063 31 IIIDisbursements During Year 1911 1 Losses and claims 220 00 Total paid to members 220 00 3 Commissions and fees retained by or paid to agents 231 65 5 Salaries and traveling expenses of managers of agencies and general special and local agents 130 00 7 Salaries and other compensation of officers and other office employees 215 00 8 Taxes 115 00 10 Advertising 2100 blanks and printing 14700 total 168 00 11 All other items viz Paid back to members for organiza tion 30000 Paid for office furniture 80 Total disbursements M59 65732 ComptrollerGenerals Report IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 200 00 All other deposits viz Cash in hand by R L Lyons secretary and treasurer 220 00 8 Agents ledger balances ig3 66 Total net or ledger assets less depreciation 603 66 VContingent Assets 19 Annual payments or premiums due and unpaid on mem berships in force 409 75 21 Total due from members 429 75 23 Net amount due from members t 429 75 24 All other assets viz Office furniture stationery books policies etc 155 00 Total assets j jgg 4 VILiabilities 6 For rents and office expenses 35 00 8 For stationery and printing 89 00 Total liabilities 4 04 qq VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1911 511 100 515 00 Policies or certificates written during the year 1911 7 ID 148 600 00 Total 710 148600 00 Deduct number and amount which have ceased to be in force during 1911 199 48085 0 Total policies or certificates in force December 31 19U 511 100515 00 Losses and claims on policies or certificates incurred during the year 1911 220 7 3 10 11 CompteollebGenebals Eepoet 733 continental aid association of atlanta ga M Gross President Le Eoy Smith Secretary Principal Office Empire Building Atlanta Gia B M Cross 76 Oak St Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 6081 05 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows Membership fees 4077 14 Annual dues 9607 35 Total paid by members 94684 49 Interest 400 00 Cash received from all other sources viz Accounts payable 16181 Total income 95246 30 IIIDisbursements During Year 1911 Losses and claims 41981 98 Annual payments and assessments returned to members 132 50 Total paid to members 42114 48 Salaries and traveling expenses of managers of agencies and general special and local agents 4177795 brought forward from 1910 4898 total 41826 93 Salaries and other compensation of officers and other office employees 6432 50 Eent 127500 taxes 49397 total 1768 97 Blanks and printing 547 89 All other items viz Interest 839 bills receivable to loss and gain 640 total 14 79 Auditing books 22135 attorneys fees 13605 mis cellaneous expenses 158926 total 1946 66 Interest guarantee fund certs 29800 bills payable 15000 total 448 00 Total disbursements 95100 22 IVInvested Assets Cost value of bonds and stocks owned absolutely 5100 00 All other deposits viz Fourth National Bank Atlanta Ga 217 94 734 ComptrollerGenerals Report 8 Agents ledger balances 52 80 9 All other ledger assets viz Furniture and fixtures 856 39 Total net or ledger assets less depreciation 6227 13 VContingent Assets 19 Annual payments or premiums due and unpaid on mem berships in force 1545 10 20 Annual payments or premiums in process of collection not yot due 56992 00 21 Total due from members 58 537 10 22 Deduct estimated cost of collection H 707 42 23 Net amount due from members 46 829 68 Total assets 53056 81 VILiabilities 6 For salaries rents and office expenses 1G1 81 9 Amount of all other liability viz Reserve as per act of August 1909 5 920 77 Total liabilities 6082 58 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 13183 314934 00 Policies or certificates written duringthe year 1911 26615 729754 25 Total 39798 1044688 25 Deduct number and amount which have ceased to be in force during 1911 23947 649970 00 Total policies or certificates in force December 31 19n 15851 394718 25 Losses and claims on policies or certificates incurred during the year 1911 41981 9g Total 4198198 Losses and claims on policies or certificates paid during the year 19n 41981 98ComptrollerGenerals Eeport 735 FARMERS COOPERATIVE FIEE INSURANCE CO OF GEORGIA J M Ball President J T Goodman Secretary Principal Office Jackson Ga J F Carmichael Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 223 81 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other ex penses as follows v 1 Membership fees 228 98 3 Assessments for losses by fire 4596 35 Total paid by members 5825 33 Total income 5825 33 IIIDisbursements During Tear 1911 2 Payments and assessments returned to members 4596 35 Total paid to members 4596 35 3 Commissions and fees retained by or paid to agents 716 33 8 Taxes 200 00 10 Blanks and printing 33 95 11 All other items 16 53 Total disbursements 5563 06 IVInvested Assets 6 Cash in office 486 08 VILiabilities 2 Losses in process of adjustment or adjusted and not due Number of claims 1668 4 Losses resisted by the company Number of claims 500 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 4751 4543859 00 Policies or certificates written during the year 1911 340 488302 00 Totai 5091 5032161 00736 ComptbollebGenebal s Repobt Deduct number and amount which have ceased to be in force during 1911 272 284766 00 Total policies in force December 31 1911 4819 4747395 00 Losses and claims on policies or certificates unpaid December 31 1911 2168 00 Losses and claims on policies or certificates incurred during the year 1911 4590 35 Ttal 6764 35 Losses and claims on policies or certificates paid during the year 1911 4596 35 FARMERS MUTUAL FIRE INSURANCE CO OF GEORGIA B F Melton President W H Gurr Secretary Principal Office Dawson Georgia W H Gurr Dawson Ga Attorney for Service in Georgia IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees 461 80 2 Annual dues 904 06 3 Assessments 6 229 00 Total paid by members 7 594 gg IIIDisbursements During Year 1 Losses and claims 6 229 00 2 Annual payments and assessments returned to members 752 06 Total paid to members 6981 06 3 Commissions and fees retained by or paid to agents 461 80 4 Commissions and fees retained by or paid to officers and directors 100 00 8 Taxes 52 00 Total disbursements 7 594 gQ VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 1036 1242 000 00 Policies or certificates written during the year 1911 104 120 000 00 Total 1140 1362000 00ComptrollerGenebals Beport 737 Deduct number and amount which have ceased to be in force during 1911 102 119000 00 Total policies or certificates in force Dee 31 1911 1038 1243000 00 No Amount Losses and claims on policies or certificates unpaid December 31 1910 3 O 00 Losses and claims on policies or certificates incurred during the year 1911 33 5179 00 Losses and claims on policies or certificates paid during theyearl911 3G 6229 00 FARMERS MUTUAL ASSURANCE ASSOCIATION OF GEORGIA C D Meador President J Hurt Secretary Principal Office Calhoun Georgia J G B Erwin Attorney for Service in Georgia IIIncome During Yeor Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 2 Annual dues 8483 52 Total paid by members 8483 52 Reserve for protection of policyholders 10000 00 Total income 18483 52 IIIDisbursements During Year T i i 2752 00 1 Losses and claimsp 2 Annual payments and assessments returned 1c members 11 60 Total paid to members 2763 60 3 Commissions and fees retained by or paid to agents 1843 20 4 Commissions and fees retained by or paid to officers and 538 45 directors 8 Taxes 20000 commuted commissions 558168 2781 68 in Advertising 3335 blanks an printing 1425 47 60 U All other items viz Phone 1400 stamps 2200 36 00 Total disbursements 5228 85738 ComptrollerGeneral s Eeport IVInvested Assets 6 Cash in office consists in notes 1856 41 7 Cash deposited in banks on reserved fund account Bank of Fairmont 1398 26 All other deposits Held in reserve 10000 00 Total net or ledger assets 13254 67 Business in Georgia During Year No Amount Policies or certificates in force December 31 1911 462 438825 00 Policies or certificates written during the year 1911 462 438825 00 Total 462 438825 00 Losses and claims on policies or certificates incurred during the year 1911 2752 00 Total 2752 00 Losses and claims on policies or certificates paid during tlic year 1911 2752 00 FARMERS PROTECTIVE FIRE INSURANCE CO OF GEORGIA J L hupp President J C Johnson Secretary and Treasurer Principal Office Lithonia Ga I 1 Philips Lithonia Attorney for Service in Georgia TBalance Sheet Amount of net or ledger assets December 31st of previous year 107 50 IIincome During Year 1911 iruss amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Premiums 439 70 Assessments 3675 76 Total income 4 15 46 IIIDisbursements During Year 1911 Commissions and fees paid to agents 231 79 7 Salaries and other compensation of officers and other office employees 350 00ComptrollerGenerals Report 739 8 Taxes n 3 10 Advertising 1075 blanks and printing 4000 total o0 75 11 All other items viz License to State 2500 losses paid 261050 total 2635 50 Total disbursements 3279 38 IVInvested Assets 6 Cash in office 836 08 Total net or ledger assets less depreciation 836 08 VContingent Assets 18 Assessments due 173 91 Total assets 73i 91 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 1911 115 104325 00 Total 966 885952 00 Deduct number and amount which have ceased to be in force during 1911 31 28000 00 Total policies or certificates in force December 31 1911 935 867952 00 Losses and claims on policies or certificates incurred during the year 1911 9 2900 00 Total 9 2900 00 Losses and claims on policies or certificates paid during the year 1911 9 2900 00 GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF GEORGIA Jas S Harper President H C Dugas Secretary Principal Office Corner Campbell 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 previous year 6347 9581669 67 300 00 1210 80 83180 47 33451 75 740 ComptrollerGenerals Report IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 3291 80 2 Annual dues 78377 81 Total paid by members i 5 Interest 7 Cash received from all other sources viz Revivals 57856 reserve deposits 51348 L 11876 total Total income i IIIDisbursements During Year 1911 1 Losses and claims viz Sick claims 2760165 death claims 585010 total Total paid to members 3 Commissions and fees retained by or paid to agents 5 Salaries and traveling expenses of managers of agencies and general special and local agents 7 Salaries and other compensation of officers and other office employees 8 Rent 103195 taxes 46324 total 10 Advertising 32947 blanks and printing 95531 total 11 All other items viz Equipment 45161 fuel and light 13517 office supplies 34224 miscellaneous 48570 freight and express 12124 postage 54699 total Total disbursements 80421 40 IV nvested Assets 5 Cost value of bonds and stocks owned absolutely 6 Cash in office All other deposits 8 Agents ledger balances 10 Total net or ledger assets 11 Deduct depreciations from cost of assets to bring same to markel value Total net or ledger assets less depreciation 10393 7 1 V Contingent Assets 12 interest due and accrued 41 66 33451 75 10324 79 20517 63 5267 31 1495 19 1284 78 082 85 5250 00 362 48 263 1 59 406 31 910 1 02 7363 66 ComptrollerGenerals Report 741 19 Annual payments or premiums due and unpaid on mem berships in force 2764 45 20 Annual payments or premiums in process of collection not yet due 110416 80 21 Total due from members 113181 25 22 Deduct estimated cost of collection 28295 31 23 Net amount due from members 84885 94 24 All other assets viz General office equipment safes adding machine typewriters desks and furniture etc 1740 36 Total assets 86626 30 VILiabilities 9 Amount of all other liability viz Deposits by agents and superintendents account reserve bonds required by company 1242 02 Net premium reserve required by Ins Com 3744 51 Total liabilities 4986 53 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 11868 274600 00 Policies or certificates written during the year 1911 25759 678930 00 Total 37627 953530 00 Deduct number and amount which bane ceased to be in force during 1911 9319 524370 00 Total policies or certificates in force December 31 19H 28308 429160 00 Losses and claims on policies or certificates incurred during the year 1911 33451 75 Losses and claims on policies or certificates paid during the year 1911 33451 75 GERMAN MUTUAL FIRE INSURANCE COMPANY OF SAVANNAH GEORGIA C H Konemann President Fred Wessels Jr Secretary Principal Office 17 Bay St E Savannah Ga U H McLaws Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous year 69431 71742 ComptrollerGenerals Report ITIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees received from premiums Total paid by members 5 Interest 7 Cash received from all other sources viz Guarantee fund Total income IIIDisbursements During Year 1 Losses and claims Total paid to members 7 Salaries and other compensation of officers and other office employees 8 Rent 35750 taxes 31053 office expenses 57935 10 Advertising 46722 banks and printing 2200 11 All other items viz Interest on guarantee fund Dividends to policyholders Total disbursements IVInvested Assets 2 Loans on bonds and mortgage first liens on real estate 3 Loans secured by pledge of bonds stock or other marketable collaterals 5 Cost value of bonds and stocks owned absolutely 6 Cash in office general department 387460 savings department 209187 7 Cash deposited in banks on reserved fund account Gex mania Hank 200000 Savh Trust Co 200000 Georgia State 100000 Oglethorpe Savings and Trust Co 100000 Peoples Hank 100000 Peoples Savings and Loan Co 100000 total 8 Ledger balances 9 All other ledger assets viz Furniture and fixtures Total net or ledger assets VILiabilities 7 Borrowed money including interest due or accrued 9 Amount of all other liability viz Dividends declared for 1912 Guarantee fund paid in Total liabilities 10109 62 10109 62 4601 48 11006 57 25717 67 201 32 201 32 2054 00 1253 38 489 22 2921 65 1023 22 7942 79 57055 00 1100 00 12199 75 5966 47 8000 00 2449 69 435 68 87206 59 5000 00 1163 10 51090 00 57253 10ComptrollerGenerals Beport 743 VIIExhibit of Certificates or policies Policies or certificates in force December 31 1911 1st half Jan to June 30 1911 491 596945 00 Policies or certificates written during the year 1911 2nd half July to December 31 1911 366 430825 00 Total 857 1027770 00 No Amount Losses and claims on policies or certificates incurred during the year 1911 9 201 32 Total 9 201 32 Losses and claims on policies or certificates paid during the year 1911 9 201 32 GORDON COUNTY MUTUAL FIRE AND STORM INSURANCE CO H B Herrington President F L Hicks Secretary Principal Office Calhoun Ga No Insurance Written Outside of Gordon County IBalance Sheet Amount of net or ledger assets December 31 of previous year 20 56 IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees 76 50 3 Assessments 1134 39 Total paid by members 12W 89 Total income 1210 89 IIIDisbursements During Year 1 Losses and claims 539 50 5 Salaries and traveling expenses of members of agencies and general special and local agents 7 69 7 Salaries and other compensation of officers and other office employees 30 00 8 Taxes 25 47 10 Advertising 500 blanks and printing 1000 15 00 Total disbursements 617 66744 ComptbolleeGenebals Bepoet IVInvested Assets 6 Cash in office 793 79 Total net or ledger assets 793 79 VILiabilities 2 Losses in process of adjustment or adjusted and not due 700 00 Total liabilities 700 00 Business in Georgia During Year Policies or certificates in force December 31 1910 576560 00 Policies or certificates written during the year 1911 76500 00 Total 653060 00 Deduct number and amount which have ceased to be in force during 1911 46060 00 Total policies in force December 31 1911 607 000 00 Losses and claims on policies or certificates paid during the year 1911 539 50 GREAT AMERICAN COOPERATIVE FIRE ASSOCIATION OF MACON GEORGIA J S Newman President J g Newman Secretary Principal Office 355 3d St Maeon Ga L D Moore Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous year 407 69 IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 3 Assessments 4300 33 Total paid 400 33 7 Cash received from all other sources viz 1 325 00 Total income 5 625 33ComptrollerGenerals Report IIIDisbursements During Year 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 members of agencies and general special and local agents 7 Salaries and other compensation of officers and other office employees 8 Eent 10000 taxes 30295 10 Advertising 500 blanks and printing 7600 11 All other items 745 941 55 65 46 2007 01 1519 42 1122 42 203 05 402 95 81 00 542 60 Total Disbursements 3871 44 VContingent Assets 20 Annual payments or premiums in process of collection not yet due 21 Total due from members 22 Deduct estimated cost of collection 5148 40 5148 40 1977 36 23 Net amount due from members 3171 14 24 All other assets viz cash office fixtures stationery and supplies 588 26 Total assets 4874 30 VILiabilities 2 Losses in process of adjustment or adjusted and not due 4 Losses resisted by the company 7 Borrowed money Total liabilities 490 10 300 00 400 00 1190 00 VIIExhibit of Certificates or Policies No Policies or certificates in force December 31 1910 393 Policies or certificates written during the year 1911 1094 Total 1487 Deduct number and amount winch have ceased to be in force during 1911 655 Amount 89349 00 346 076 00 435425 00 195725 00 Total policies or certificates in force Dec 31 1911 832 239700 00746 ComptkollerGenerals Eepoet No Amount Losses and claims on policies or certificates unpaid Dec 31 1910 2 360 00 Losses and claims on policies or certificates incurred during the year 1911 25 2431 85 Total 27 Losses and claims on policies or certificates paid during the year 1911 22 Business in Georgia During Year No Policies or certificates in force December 31 1910 393 Policies or certificates written during the year 1911 1094 Total 1487 Deduct number and amount Which have ceased to be in force during 1911 655 Total policies or certificates in force Dec 31 1911 832 No Losses and claims on policies or certificates unpaid Dee 31 1910 2 Losses and claims on policies or certificates incurred during the year 1911 25 Total 27 2791 85 Losses and claims on policies or certificates paid during the year 1911 22 1942 35 2791 85 1942 35 Amount 89349 00 346 076 00 435425 00 195725 00 239700 00 Amount 360 00 2431 85 GUARANTY MUTUAL LIFE HEALTH INSURANCE COMPANY OF SAVANNAH GEORGIA L Williams President Walter S Scott Secretary Principal Office 468 West Broad St Savannah Ga Sol C Johnson Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous year 5980 87 11 Income During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees 1 075 60 2 Annual dues 296n 35 Total paid by members 30686 95ComptrollerGenerals Report 747 5 Interest Refunded from license Total income 225 00 10 00 30921 95 IIIDisbursements During Year 1 Losses and claims 12229 4G 2 Annual payments and assessments returned to members 16 55 Total paid to members 3 Commission 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 34600 taxes 28551 10 Adveitising 20335 blanks rnl printing 249 50 11 All other items viz Accounting system 7500 auditing 18000 interest 30400 postage and incidentals 47477 guaranty certificates redeemed 80000 12246 01 8111 93 2762 59 4062 84 631 51 452 85 1833 77 Total disbursements 30101 50 IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 6 Cash in office Wage Earners Loan and Investment Co 8 Agents ledger balances 9 All other ledger assets viz Furniture and fixtures Total net or ledger assets if VContingent Assets 19 Annual payments or premiums due and unpaid on memberships in force 1033 35 20 Annual payments or premiums in process of collection not yet due 43771 00 21 Total due from members 22 Deduct estimated cost of collection 44804 35 11201 08 23 Net amount due from members Total assets VILiabilities 9 Amount of all other liability viz Guaranty fund certifi cates outstanding 5225 00 S 00 1200 36 7 46 363 50 6801 32 33603 27 40404 59 3400 00748 ComptbolleeGeneeals Eepoet Eeserve in accordance with Act of 1909 at 150 per 10000 insurance 2713 32 Total liabilities 6113 32 Business in Georgia During Year No Amount Policies or certificates in force December 31 1910 3991 101114 00 Policies or Certificates written during the year 1911 8752 238989 50 Total 12743 340103 50 Deduct number and amount Which have ceased to be in force during year 1911 5858 159215 00 Total policies in force December 31 1911 6885 180888 50 Losses and claims on policies or certificates incurred during the year 1911 3817 12229 46 Total 3817 12229 46 Losses and claims on policies or certificates paid during the year 1911 3817 12229 46 HOME FRIENDLY SOCIETY OF BALTIMORE MARYLAND Geo A Chase President B L Talley Secretary Principal Office 1026 Linden Ave Baltimore Md Geo L De Gant Austell Bldg Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 10976188 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows I Membership fees 1 127 50 3 Assessments 468610 37 4 For medical examiners fees stationery 10666 dupli cates 4760 total 154 26 Total paid by members 469 892 13 5 Interest 1845 25 6 Eents 600 00 7 Cash received from all other sources viz Agents ad vances returned 12 50 Total income 472349 88ComptrollerGenerals Report IIIDisbursements During Year 1911 1 Losses and claims v Dividends paid 1 o members 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 G Medical examiners fees whether paid direct by members or otherwise 7 Salaries and other compensation of officers and other office employees 8 Eent 241300 taxes 376900 total 10 Advertising blanks and printing 11 All other items viz Postage 87816 attorney fees 87500 office furniture 18350 interest 80607 total Real estate expenses All other items expense account Total disbursements IVInvested Assets 1 Cost value of real estate in cash exclusive of all incum brances 5 Cost value of bonds and stocks owned absolutely i Cash in office 7 Cash deposited in banks on reserved fund accounts viz Old Town Bank 1344619 Commonwealth Bank 1318 Commonwealth Savings Bank 108075 Cen tral Savings Bank 107122 Provident Savings Bank 107908 Eutaw Savings Bank 108428 Baltimore Trust Guarantee Co 6833 total All other deposits viz On deposit at agencies 9 All other ledger assets viz Bills receivable 10 Total net or ledger assets 11 Deduct depreciation from cost of assets to bring same to market value on stock Total net or ledger assets less depreciation VContingent Assets 2 nteresi due and accrued 14 Market value of real estate over cost 749 242449 04 1570 35 721 00 244740 39 23790 07 116028 38 4597 25 41239 45 6182 00 6300 33 2742 73 409 75 6488 50 452518 85 7129 81 68589 70 2570 07 17843 03 27420 30 6040 00 129592 91 967 20 128625 71 1175 50 2870 19750 ComptrollerGenerals Report 17 Mortuary assessments due and unpaid on memberships in force 14732 00 21 Total due from members 14732 00 22 Deduct estimated cost of collection 2209 80 23 Net amount due from members 12523 20 Total assets 145194 60 VILiabilities 1 Losses due and unpaid Number of claims 1 1000 00 Total liabilities 144194 60 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910108853 7663720 00 Policies or certificates written during the year 1911 43228 3025960 00 Total 152081 10689680 00 Deduct number and amount which have ceased to be in force during 1911 37087 2597510 00 Total policies or certificates in force December 31 1911 114994 8092170 00 Losses and claims on policies or certificates unpaid December 31 1910 1 1000 00 Losses ami claims on policies or Certificates incurred luring the year 1911 35674 242449 04 Total 35675 243449 04 Losses and claims on policies or certificates paid during the year 1911 35G74 242449 04 Business in the State of Georgia During 1911 No Amount Policies or certificates in force December 31 1910 9601 672070 00 Policies or Certificates written during the year 1911 2309 161630 00 Total 11910 83700 00 Deduct number and amount which have ceased to lie iu force during 1911 3293 227790 00 Total policies in force December 31 1911 8617 605910 00 Losses and claims on policies or certificates incurred during the year 1911 7271 25845 65 Total 7271 25845 65ComptrollerGenerals Eeport 751 Losses and claims on policies or certificates paid during the year 1911 7271 25845 65 INDUSTRIAL LIFE AND HEALTH INSURANCE CO OF ATLANTA GA J N McEachern President I M Sheffield Secretary Principal Office 502 to 511 Austell Bldg Atlanta Ga Walter McElreath Peters Bldg Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 58807 41 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 15820 80 2 Annual dues 531065 95 Total paid by members 546886 75 5 Interest 2294 00 Total income 549180 75 illDisbursements During Year 1911 1 Losses and claims viz Death claims 3941775 weekly indemnity 18743960 total 226857 35 2 Annual payments and assessments returned to members 4992 90 Total paid to members 231850 25 3 Commissions and fees retained by or paid to agents 213549 Hi 4 Commissions and fees retained by or paid to officers and directors I111111 00 5 Salaries and traveling expenses of managers of agencies and general special and local agents 1221 46 6 Medical examiners fees whether paid direct by members or otherwise 241 50 7 Salaries and other compensation of officers and other office employees 9460 25 8 Rent 679784 taxes 504850 total 11846 3 I 10 Advertising and blanks and printing 5962 00 11 All other items viz Postage express telephone and telegraph 252513 exchange 10179 total 2626 92752 ComptrollerGenerals Eeport Attorneys fees 145533 furniture and fixtures 78755 total Interest 135297 all others 465480 total Total disbursements 2242 88 6007 83 541030 59 IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 5 Cost value of bonds and stocks owned absolutely All other deposits viz Third National Bank Atlanta Ga Merchants National Bank Raleigh N C 9 All other ledger assets viz Cash in hands of agents Total net or ledger assets less depreciation VContingent Assets 12 Interest due and accrued 19 Annual payments or premiums due and unpaid on memberships in force 4252 55 20 Annual payments or premiums in process of collection not yet due 314243 80 19350 00 29500 00 J 17334 19 693 36 80 02 21 Total due from members 22 Deduct estimated cost of collection 318496 35 79624 09 23 Net amount due from members 24 All other assets viz Furniture and fixtures 750000 books and printing 50000 total 2 Losses in process of adjustment or adjusted and not due Number of claims 745 5 National State or other taxes due viz Accrued taxes 9 Amount of all other liability viz Amount of reserve required by acts of 1909 28489 00 Total liabilities VIIExhibit of Certificates or Policies No Policies or certificates in force December 31 1910 78793 Policies or certificates written during the year 1911 97532 66957 57 517 00 238872 26 8000 00 Total assets 314346 83 VILiabilities 3112 75 2569 80 5682 55 Amount 1777989 50 1365448 00 Total 176325 3143437 50ComptrollerGenerals Beport 753 Deduct number and amount which have ceased to be in force during 1911 93473 1244172 50 Total rjolicies or certificates in force December 31 1911 82852 1899265 00 Losses and claims on policies or certificates incurred during the year 1911 56234 231850 25 Total 56234 231850 25 Losses and claims on policies or certificates paid during the year 1911 56234 231850 25 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1910 57297 1244593 00 Policies or certificates written during the year 1911 58190 814660 00 Total 115487 2059253 00 Deduct number and amount which have ceased to be in force during 1911 58298 805738 00 Total policies in force December 31 1911 57189 1253515 00 Losses and claims on policies or Certificates incurred during the year 1911 39045 169193 50 Total 39045 169193 50 Losses and claims on policies or certificates paid during the year 1911 39045 169193 50 MERCHANTS LIFE ASSOCIATION OF BURLINGTON IOWA Jno J Seerley President F J Kuhleneier Secretary Principal Office Corner Main and Jefferson Sts Burlington Iowa M M Meek Atlanta Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 600832 04 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 75290 68 Reserve fund 134332 98754 ComptrollerGeneral s Eeport 2 Annual dues first years expense 1215994 mortuary 3399683 total 46156 77 3 Subassessments expense 8918070 mortuary l265 84205 total 355022 75 Total paid by members 610803 18 5 Interest Mortgages 1798262 bonds and stocks 76000 other sources 710079 total 25843 41 7 Cash received from all other sources viz Change bene ficiary 17000 reinstatement fees 49600 total 666 00 Advanced by directors 100 00 Total income 637412 59 IIIDisbursements During Year 1911 1 Losses and claims 253407 54 Guarantee fund returned to beneficiary 42 50 2 Annual payments and assessments returned to members rejected applicants and to members of cancelled cer tificates 48589 73 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 8235600 subsequent 1767758 total Commissions paid or allowed for collecting assessments to banks or collectors Agents premiums 6 Medical examiners fees whether paid direct by mem bers or otherwise 7 Salaries and other compensation of officers and other office employees 8 Kent Taxes of income 444084 insurance department fees and license L9l2S municipal license 47988 total Furniture and fixtures 159106 legal expense 62675 advertising 178468 blanks and printing 493805 total 11 AH other items viz Miscellaneous 397693 telegrams 43011 express 75680 stationery 240328 post age 1037497 traveling expenses 350345 inspec tion of risks 156314 total 302039 77 100033 58 3986 65 860 39 10843 30 27906 25 1176 00 7844 00 8941 44 23008 68 Total disbursements 486640 OG IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 458181 32 Eeserve fund notes members in good standing 184337 61ComptrollerGeneral s Report 755 5 Cost value of bonds and stocks owned absolutely Deposit Missouri State department 7 Cash deposited in banks on reserved funds account viz Merchants National Bank 6723597 National State iBank 1030401 Burlington Savings Bank 656121 German American Savings Bank 552034 Iowa State Savings Bank 500000 total 8 Agents ledger balances 10 Total net or ledger assets Deduct future call fund Total net or ledger assets less depreciation VContingent Assets 12 Mortgage 1648078 bonds 14000 bank deposits 37558 total 16996 36 18 Mortuary assessments to become due but only to the extent of the amount nec essary to meet unpaid claims call issued Dec 31 1911 approximate mortuary income 8133600 16000 00 2 Losses in process of adjustment or adjusted and not due Number of claims 8 5 Other taxes accrued estimated 6 For salaries rents and office expenses 9 Amount of all other liability viz Advanced by directors Value of outstanding benefit certificates as provided by chapter 83 acts of 32nd General Assembly Iowa Total liabilities VIIExhibit of Certificates or Policies No Policies or certificates in force December 31 1910 21879 Policies or certificates written during the year 1911 4738 18000 00 1000 00 94621 53 1840 36 757980 82 376 25 757604 57 23 Net amount due from members 32996 36 Total assets 790600 93 Deduct items not admitted viz Reserve fund notes 18433761 agents debit balances 184036 Missouri State department deposit 100000 total 187177 97 Total 603422 96 V ILiabilities 16000 00 3000 00 11000 00 7000 00 265719 00 300703 96 Amount 43ft430 00 94760 00 Total 26617 531190 00756 ComptrolleeGenebals Repobt Deduct number and amount which have ceased to be in force during 1911 3084 61640 00 Total policies ov certificates in force December 311911 23533 469550 00 Losses and claims on policies or certificates unpaid December 31 1910 4 8000 00 Losses and claims on policies or certificates incurred during the year 1911 135 269000 00 Total 139 277000 00 Losses and claims on policies or certificates paid during the year 1911 131 253407 54 Business in the State of Georgia During the Year No Amount Policies or certificates in force December 31 1910 11 22000 00 Policies or certificates written during the year 1911 129 258000 00 Total 140 280000 00 Deduct number and amount which have ceased to be in force during 1911 37 74000 00 Total policies in force December 31 1911 103 206000 00 MUTUAL BENEFIT INDUSTRIAL LITE INSURANCE ASSOCIATION OF SAVANNAH GEORGIA A Rauzin President J M Wood Secretary Principal Office 326 West Broad St Savannah in TBalance Sheet Amount of net or ledger assets December 31st of previous year 6195 56 IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Application fees 4674 70 2 Weekly dues 80456 45 Total paid by members 85131 15 5 Interest 230 11 7 Cash received from all other sources viz Guarantee bond certificates 2000 00 Total income 87361 26ComptrollerGenerals Eeport 757 IIIDisbursements During Year 1911 Losses and claims viz Death 431185 siek 2736545 total i Weekly payments and assessments returned to members 10 11 Total paid to members Commissions and fees retained by or paid to agents Commissions and fees retained by or paid to officers and directors Salaries and traveling expenses of managers of agencies and general special and local agents Salaries and other compensation of officers and other office employees Rent 66400 taxes 38910 total Advanced to officers and agents to be repaid out of future salaries or commissions attorney fees Blanks and printing All other items viz Auditing 30500 insurance 975 miscellaneous expenses 56881 total 31677 30 715 55 32392 85 39349 88 2945 00 5727 66 2834 13 1053 10 150 00 1291 35 883 56 Total disbursements 86627 53 IVInvested Assets Cost value of bonds and stocks owned absolutely Cash in office Cash deposited in banks on reserved fund account All other deposits viz Exchange Bank Savannah 1254 Fulton National Atlanta 31577 Third Nat ional Columbus 30773 total All other ledger assets viz Furniture and fixtures Total net or ledger assets less depreciation 19 20 21 22 23 VContingent Assets Weekly payments or premiums due and unpaid on memberships in force 843 65 Weekly payments or premiums in process of collection not yet due 88566 00 Total due from members 89409 65 Deduct estimated cost of collection 20 per cent 17881 93 Net amount due from members Total assets 5000 00 333 15 5333 15 636 04 960 10 6929 29 71527 72 78457 01758 ComptrollerGenerals Report VILiabilities 9 Amount of all other liability viz Reserve on 190277 full benefit at 150 2S54 15 Reserve on 230630 half benefit at 75 cents 1729 72 Total liabilities 4583 87 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 11475 327037 50 Policies or certificates written during the year 1911 27562 785507 00 Total 39037 1112544 50 Deduct number and amount which have ceased to be in force during 1911 24268 691637 50 Total policies in force December 31 1911 14769 420907 00 Losses and claims on policies or certificates incurred during the year 1911 7778 31677 00 Total 7778 31677 00 FIRE INSURANCE COMPANY OF DALLAS GA A P Griggs President H C Scroggins Secretary Principal Office Dallas Georgia IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Mempership fees 136 65 3 Assessments 1 122 51 Total paid by members Total income 1259 10 1259 16 IIIDisbursements During Year 1 Losses and claims 739 50 Total paid to members 739 50 3 Commissions and fees retained by or paid to agents 102 92 4 Commissions and fees retained or paid to officers and directors 88 45ComptrollerGeneral s Eeport 8 Taxes 10 Advertising and printing 11 All other items viz Attorneys fees examining books etc hack hire etc Total disbursements VILiabilities 5 National state or other taxes due Total liabilities VIIExhibit of Certificates or Policies No Policies or certificates in force December 31 1911 444 Policies or certificates written during the year 1911 8 Total policies or certificates in force Dec 31 1911 452 Losses and claims on policies or certificates incurred during the year Losses and claims on policies or certificates paid during the year 1911 Business in Georgia During Year No Policies or certificates in force December 31 1911 444 Policies or certificates written during the year 1911 8 Total 452 Losses and claims on policies or certificates incurred during the year 1911 Total Losses and claims on policies or certificates paid during the year 1911 759 25 00 23 85 38 25 1017 97 25 00 25 00 Amount 1214 50 1214 50 Amount 4432 70 4744 00 739 50 739 50 739 50 MUTUAL LIFE INDUSTRIAL ASSOCIATION OF ATHENS GA John A Darwin President Jas L Webb Secretary Principal Office 314151617 Southern Mutual Bldg Athens Ga IBalance Sheet Amount of net or ledger assets December 31 of previous year 5510132760 CompteolleeGenebals Repobt IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees 3 13j 70 2 Annual dues 10806 33 3 Assessments 121 739 70 Total paid by members 135 677 73 7 Cash received from all other sources viz Assessments 508 54 Exchange g 15 Total income 136194 42 IIIDisbursements During Year 1 Losses and claims 4 m Qjg qq Total paid to members 111078 00 3 Commissions and fees retained by or paid to agents 1895 43 4 Commissions and fees retained by or paid to officers and Erectors l6j66 70 5 Salaries and traveling expenses of members of agencies and genera special and local agents 9 393 50 7 Salaries and other compensation of officers and other office employees 8517 62 8 Rent 111000 taxes 103948 2l49 48 10 Advertising 12405 blanks and printing 49020 614 25 11 All other items viz Express 4130 attorneys fees 10585 postage 83807 expenses 1275704 total 13742 26 Total disbursements 164 052 24 IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 20000 00 6 Cash in office and bank 862 00 7 Cash deposited in banks on reserved fund account 5634 00 Furniture and fixtures 600 00 8 Agents ledger balances 8 80 9 All other ledger assets 138 70 Total net or ledger assets 27243 50 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 12894 8303800 00 Policies or certificates written during the year 1911 843 843 000 00 Total 13737 9146800 00ComptrollerGenerals Beport 761 Deduct number and amount which have ceased to be in force during 1911 8103 6412557 00 Total policies or certificates in force Dec 31 1911 5634 2734243 00 Losses and claims on policies or certificates incurred during the year 1911 388 111078 00 Total 388 111078 00 Losses and claims on policies or certificates paid during theyearl911 388 111078 00 Business in Georgia During Year No Amount Policies or certificates in force December 31 1910 7040 5396 600 00 Policies or certificates written during the year 1911 761 761000 00 Total 7801 6157 600 00 Deduct number and amount which have ceased to be in foree during 1911 3560200 00 Total policies in force December 31 1911 4689 2597400 00 Losses and claims on policies or certificates incurred during the year 1911 184 IM Total 184 47160 Losses and claims on policies or certificates paid during a 184 47160 00 the year 1911 10 NATIONAL ASSURANCE COMPANY OF ATLANTA GEORGIA A C Conley President C Smith Secretary Principal Office 1113 Candler Building Atlanta Ga A C Conley Attorney for Service in Georgia IIIncome During Year Gross amount paid by members to the Association or its Agents without deduction for commissions or other expenses as follows 1 Membership fees 7 Cash received from all other sources viz Guaranty income certificates Borrowed money 2912 53 Total income 78043 45762 ComptrollerGenerals Report IIIDisbursements During Year 3 Commissions and fees retained by or paid to agents 5 Salaries and traveling expenses of managers of agencies and general special and local agents 6 Medical examiners fees whether paid direct by members or otherwise 7 Salaries and other compensation of officers and other office employees 8 Rent 10 Advertising 529 blanks and printing 81492 11 All other items viz General expense 158069 interest disc and expenses 119542 furniture and fixtures 111758 commission on sale of certificates 2041550 postage telegraph and express 3745 legal expense 3000 total Total disbursements IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 6 Cash in office Certificates of deposit Guarantee Trust and Banking Company 312101 Central Bank and Trust Corporation 68132 8 Agents ledger balances 9 All other ledger assets viz Bills receivable Total VContingent Assets 12 Interest due 5000 and accrued 22797 Total assets VILiabilities 5 National State or other taxes due 6 For salaries rents and office expenses 8 To officers or others for advances on account of expenses of organization 9 Amount of all other liability viz Accrued interest on guaranty income certificates 105567 statutory reserve on policies 5738 14 Total liabilities VITExhibit of Certificates or Policies No Policies or certificates written during the year 1911 2953 3978 87 5879 72 169 50 4349 37 411 46 820 21 24376 64 39057 68 11819 gg 65 oo 20051 50 3802 9 2119 0 200 00 38057 88 88057 68 38285 65 6 81 500 00 2912 53 6793 81 10213 15 Amount 394651 00ComptrollerGenerals Report Deduct number and amount which have ceased to be in force during 1911 76 763 12108 00 Total policies or certificates in force Dec 31 1911 2877 382543 00 Business in Georgia During Year No Amount Policies or certificates written during the year 1911 2953 394651 00 Deduct number and amount which have ceased to be in force during 1911 76 12108 00 Total policies or certificates in force Dec 31 1911 2877 382543 00 NATIONAL LIFE ASSOCIATION OF DES MOINES IOWA Jerry B Sullivan President Henry Pyle Secretary Principal Office Des Moines Iowa M P Stegin Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous yeM 464120 89 ITIncome During Year Oross amounts paid by members to the Association or its Agents without deductions for commissions or other expenses as follows 1 Membership fees 90099 60 3 Assessments 382414 26 Total paid by members 472513 86 T w 18442 78 5 Interest 7 Cash received from all other sources viz Change of bene 84 50 nciary Q i 1096 40 Sundries t Total income 492137 54 IIIDisbursements During Year 1 Losses and claims 135477 75 2 Annual payments and assessments returned to members 8548 52 Total paid to members 144826 27 3 Commissions and fees retained by or paid to agents 90457 04 4 Commissions and fees retained by or paid to depository banks 2497 02764 ComptrollerGenerals Report 5 Salaries and traveling expenses of managers of agencies and general special and local agents 2 903 03 6 Medical examiners fees whether paid direct by members or otherwise 10911 93 7 Salaries and other compensation of officers and other office employees 25 644 54 8 Rent 201300 Taxes 250236 21299 postage ex press and telephone 385967 8588 02 10 Advertising and blanks and printing 4 725 90 11 All other items viz Furniture and fixtures 166485 insp of risks 223993 legal exp 61236 4517 14 Insurance department fees 209110 Sundries 237854 4469 04 Total 299540 59 Reserve fund notes charged off 71 90s 72 Total disbursements 371509 31 IVInvested Assets 2 Loans on mortgage first liens on real estate 334425 00 6 Cash in office 2 061 53 Total 16899 87 9 All other ledger assets viz Reserve fund notes 231 788 7S 10 Total net or lodger assets 585 175 1 g 11 Deduct advance pints by members 426 00 Total net or ledger assets 584 749 12 VContingent Assets 12 Interest due 146750 and accrued 872955 10197 01 16 Due from members for claims not yet assessed 20 000 00 Total 30197 05 Total assets 614946 17 VI Liabilities 2 Losses in process of adjustment or adjusted and not due 20000 00 5 National state or other taxes due 2 000 00 6 For salaries rents and office expenses 3 638 53 7 Borrowed money including interest duo or accrued 6 328 ill Advanced by directors 7 730 Contingent liability case in Superior Court 8 693 00 Total liabilities 48390 10 ComptrollerGenerals Eeport 765 yiXExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 10089 19392500 00 Policies or certificates written during the year 1911 4058 8338000 00 Totaj 14147 27730500 00 Deduct number and amount which have ceased to be in force during 1911 J 493H 500 00 Total policies or certificates in force December 31 1911 11881 22798000 00 Losses and claims on policies or certificates unpaid December 31 1910 10 21500 00 Losses and claims on policies or certificates incurred during the year 191180 146200 00 Total 90 167700 00 Losses and claims on policies or certificates paid dur ing the year 1911 79 137788 00 Business in Georgia During Year No Amount Policies or certificates written during the year 1911 30 86500 00 Total 30 865000 Deduct number and amount which have ceased to bo j i inn 25 67500 00 in force during 1911 Total policies in force December 31 1911 5 19000 00 NORTH CAROLINA MUTUAL AND PROVIDENT ASSOCIATION OF DURHAM NORTH CAROLINA Join derrick President A M Moore Secretary Principal Office 212 Parish Street Durham N C W B Matthews Attorney for Service in Georgia Balance Sheet Amount of net or ledger assets December 31 of previous 95535 33 year v II income DuringYear Gross aimnuts paid by members to the Association or its Agents without deductions for commissions or other expenses as follows 2 Annual dues 253327 87 Total paid by members 2o3327 87766 ComptrollerGenerals KeporT 5 Interest 6 Rents 7 Cash received from all other sources viz Sundries Total income IIIDisbursements During Year 1 Losses and claims 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 members or otherwise 2150 50 7 Salaries and other compensation of officers and other office employees 8 Rent 252515 taxes 111318 9 Repairs on real estate 10 Advertising printing and blanks 11 All other items viz Postage express telegraph and tele phone Insurance depts 185765 agents license 30450 Office supplies legal expenses municipal licenses t her expenses Furniture and fixtures 733 92 5568 87 373 92 260004 58 103302 23 5400 00 108762 23 74945 70 10662 84 14651 09 9614 55 3638 33 989 72 4580 40 6168 45 2162 15 1823 49 1056 92 458 21 Total disbursements 241064 64 IVInvested Assets 1 Cost value of real estate in cash exclusive of all incum brances 2 Loans on bond and 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 members on this companys certifi cates assigned as collateral 5 Cost value of bonds and stocks owned absolutely 7 Cash deposited in banks on reserved fund account Fidelity Hank 1840000 Mechanics and Farmers 500000 All other deposits Fidelity 230000 Mechanics ami Farmers 223714 8 Agents ledger balances 67918 00 7287 50 2159 44 760 82 7395 75 23400 00 4516 75 437 01 Total net or ledger assets 113875 27 ComptrollerGenerals Report 767 VContingent Assets 12 Interest due and accrued 574 00 13 Rents due and accrued 160 00 14 Market value of real estate over cost 10000 00 24 All other assets viz Furniture fixtures and safe 5500 00 Total assets 130109 27 VILiabilities 7 Borrowed money 15000 00 Total liabilities 00 00 In our report of the North Carolina Insurance Department the following nonledger assets were deducted from the gross assets 437 01 8 Bills receivable 2159 44 4 Loans on policies J 24 Furniture fixtures and safes i500 Total 809645 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 44891 1510492 00 Policies of certificates written during the year 1911 75636 3619364 00 Total 120527 5129856 00 Deduct number and amount which have ceased to be in force during 1911J 2573656 00 Total policies or certificates in force Dec 31 1911 59197 2556200 00 Losses and claims on policies or certificates incurred inn 897 38660 00 during the year 1911 OJI T 897 38660 00 Total Losses and claims on policies or certificates paid dur Q11 897 38660 00 ing 1911 Business in Georgia During Year Policies or certificates written during the year 1911 10388 464613 00 Total 10388 464613 00 Deduct number and amount which have ceased to be in force during 1911 J 256 00 Total policies in force December 31 1911 5758 268357 00768 ComptrollerGeneral s Report Losses and claims on policies or certificates incurred during the year 1911 14 534 80 Total 14 534 80 Losses and claims on policies or certificates paid dur ing the year 1911 14 534 80 PILGRIM HEALTH AND LIFE INSURANCE COMPANY OF AUGUSTA GEORGIA H C Young PresidentL J Walker Secretary Principal Office 1143 Gwinnett St Augusta Ga Hon Wm A Wright Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31 of previous year 16839 40 IIIncome During Year Gross amounts paid by members to the Association or its Agents without deductions for commissions or other expenses as follows 1 Membership fees 4572 14 2 Annual dues 173350 43 Total paid by members 177922 57 5 Interest 255 23 7 Cash received from all other sources viz Deficiencies re serve refunded sundry accounts revival excess ad vances and fine 7744 15 Total income 185921 95 IIIDisbursements During Year 1 Losses and claims 80622 06 2 Annual payments and assessments returned to members 132 23 Total paid to members 80754 29 3 Commissions and fees retained by or paid to agents 48599 89 5 Salaries and traveling expenses of managers of agencies and general special and local agents 28421 58 7 Salaries and other compensation of officers and other office employees g678 01 8 Rent 131030 taxes 172487 so35 17 9 Advanced to officers and agents to be repaid out of future salaries or commissions 122 05ComptrollerGenerals Report 10 Blanks and printing 11 All other items viz Furniture and fixtures reserves paid balance due dist expenses and postage sundry Total disbursements IVInvested Assets 2 Loans on bond and mortgage first liens on real estate 5 Cost value of bonds and stocks owned absolutely 6 Cash in office 7 Cash deposited in banks on reserved fund account Citi zens 77857 Georgia Railroad bond 72136 Total All other deposits Irish Bank 435512 Union Bank 70006 invest account 126629 In agents hands for transmission d Total 8 Agents ledger balances 9 All other ledger assets viz Furniture and fixtures Total net or ledger assets VContingent Assets 12 Interest due 10500 and accrued 27872 19 Annual payments or premiums due and un paid on memberships in force 20 Annual payments or premiums in process of collection not yet die weekly debit 1 time 154 70 4529 50 21 Total due from members 22 Deduct estimated cost of collection 8284 20 2071 05 23 Net amount due from members Total assets VILiabilities 5 National state or other taxes due 6 For salaries rents and office expenses 7 Borrowed money including interest due and accrued 9 Amount of all other liabilities viz Furniture and agents reserve Total liabilities 769 1903 63 14487 59 184002 21 1500 00 5200 00 373 36 1499 53 8572 89 6321 47 619 26 13513 62 794 44 2451 08 18759 14 383 72 6213 15 25356 01 75 00 35 50 296 00 793 99 1200 49770 ComptrollerGenerals Eeport Business in Georgia During Year No Amount Policies or certificates in force December 31 1910 28051 678040 00 Policies or certificates written during the year 1911 2109 649460 00 Total 53160 1327500 00 Deduct number and amount which have ceased to be in force during 1911 18288 493510 00 Total policies in force December 31 1911 34872 833 990 00 Losses and claims on policies or certificates unpaid December 31 1910 451 1394 09 Losses and claims on policies or certificates incurred during the year 1911 23556 79227 97 Total 24007 80622 06 Losses and claims on policies or certificates paid during the year 1911 24007 80622 08 UNION MUTUAL ASSOCIATION OF ATLANTA GA T W Walker President Wm Dmkell Secretary Principal Office 210 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 2162171 IIIncome During fear 1911 Gross amount paid by members to the Association or its agents without deductions tor commissions or other expenses as follows 1 Membership fees AmUal des 167545 65 Total paid by nibers 171493 30 5 Interest on bonds 7 Cash received from all other sources viz Revivals 118420 V S A endorsements 21520 total 390 40 Deficiencies 133601 cash other sources 5070 total 1386 71 Ttal LnCOme 174382 41ComptrolleeGenebals Eeport IIIDisbursements During Year 1911 d 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 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 Rent 183159 taxes 147821 total 10 Advertising 253334 blanks and printing 175507 total 11 All other items viz Postage 117267 express 18806 total Furniture 38571 sundries 142939 total Total Total disbursements IVInvested Assets 5 Cost value of bonds and stocks owned absolutely 6 Cash in office and in course of remitting 7 Cash deposited in banks on reserved fund account All other deposits viz Atlanta State Savings Hank Third National Bank 135895 Atlanta National Bank 148815 total Notes secured 8 Agents ledger balances 9 All other ledger assets viz Safes typewriters adding machine furniture fixtures and supplies 10 Total net or ledger assets VContingent Assets 12 Interest due 15 Market value of bonds and stocks over cost 19 Annual payments or premiums due and unpaid on memberships in force 20 Annual payments or premiums in process of collection not yet due 187303 50 3754 90 771 77880 20 111 92 77992 12 36029 69 8616 64 31859 57 140 50 5335 85 3309 80 4288 41 1360 73 1815 10 600 00 600 00 171348 41 5100 00 3050 35 105 00 3429 08 2847 10 1169 28 3754 90 5200 00 24655 71 100 00 100 00 21 Total due from members 191058 40772 ComptrollerGenerals Eeport 22 Deduct estimated cost of collection 62270 40 23 Net amount due from members 28 788 00 Total assets 128988 00 i VILiabilities 6 For surplus at 150 per hundred on insurance in force 16099 50 9 Amount of all other liability viz Union Publishing Co 456 45 Independent Publishing Co 355 40 Total liabilities 26 914 35 VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 34667 920217 00 Policies or certificates written during the year 1911 29199 779480 50 Total 63866 1699697 50 Deduct number and amount which have ceased to be in force during 1911 23164 626448 50 Total policies or certificates in force December 31 1911 40702 1073249 00 UNITED STATES HEALTH LIFE INSURANCE COMPANY ATLANTA GEORGIA A Mel Wilson President f w stokes Secretary Principal Office 111 H9 Rhodes Bldg Marietta St Atlanta Ga TV I lives ed Assets Five 5 City of Atlanta bonds Nos 452 407 475 476 and 177 deposited with Treasurer of State of Georgia 5 000 00 SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OF THOMASVILLE GEORGIA C L Heard President Robert Alexander Secretary Principal Office Thomasville Ga E L eil Thomasville Attorney for Service in Georgia IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 131 ggComptrollerGenerals Report 773 2150 67 3 Assessments 2332 32 Total paid by members 2332 32 Total income inDisbursements During Year 1911 2 Annual payments and assessments returned to members 1971 14 3 Commissions and fees retained by or paid to agents 4 Commissions and fees retained by or paid to officers and directors g 02 8 Taxes 11 All other items viz Paid to banks for borrowed money and license 1910 2332 32 Total disbursements VILiabilities 8 To officers or others for advances on account of expenses of organization 156 00 Total liabilities VIIExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 335 313778 00 Policies or certificates written during the year 191141 dbrfdu 376 350108 00 Deduct number and amount which have ceased to be in force during 1911 Total policies in force December 31 1911 325120 00 Losses and claims on policies or certificates incurred during the year 1911 J 6 1971 14 Total Losses and claims on policies or certificates paid during the year 1911 SUNLIGHT INSURANCE COMPANY OP ATLANTA GEORGIA t C A Penn Secretary S J Sheffield President Principal Office 142627 Empire Bldg Atlanta Ga Walter McElreath Peters Bldg Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year 774 ComptrollerGenerals Report IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 2 Annual dues Total paid by members Total income 21991 15 21991 15 IIIDisbursements During 1911 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 or paid to officers and directors 5 Salaries and traveling expenses of managers of agencies and general special and local agents 7 Salaries and other compensation of officers and other office employees adjustor s fees 8 Eent 36000 taxes 9385 attorneys fees 8925 total 10 Advertising 57835 blanks and printing 70198 office furniture 43183 postage and express 9430 tele phone and telegraph 11572 paid indebted of Globe Fire Assn 83500 total Total disbursements IVInvested Assets 6 Cash in office 7 Cash deposited in banks on reserved fund account viz Fourth National Total net or ledger assets less depreciation VContingent Assets 19 Annual payments or premiums due and unpaid on mem berships in force g 20 Annual payments or premiums in process of collection not yet due 21 Total due from members 22 Deduct estimated cost of collection 25 per cent 23 Net amount due from members 21991 15 2930 95 116 02 3046 97 14472 00 1040 00 76 35 200 00 543 10 3211 03 22135 60 45 40 1304 84 1350 24 1951 05 34962 20 36913 25 9228 31 27684 94ComptrollerGenerals Report 775 24 All other assets viz Office furniture 47500 books and blanks 35000 total 28509 94 Total assets VnExhibit of Certificates or Policies No Amount Policies or certificates in force December 31 1910 3239 527350 00 Policies or certificates written during the year 1911 66528800 00 9991 1383150 00 Total Deduct number and amount which have ceased to be in force during 1911 Total policies in force December 31 1911 4331 656500 00 UNION FIRE INSURANCE COMPANY OF ATLANTA GEORGIA o A t W N Smith Secretary Thos E McAfee President vv Principal Office 101314 Fourth NationalBank Bldg Atlanta Ga Geo F Gober Third National Bank Attorney for Service in Georgia IBalance Sheet Amount of net or ledger assets December 31st of previous year IIIncome During Year 1911 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 4g 1 Membership fees t 2 132 49 Total paid by members 7 Gash received from all other sources jjouj 15413 16 Total income IIIDisbursements During Year 1911 3113 38 1 Losses and claims r1 2 Annual payments and assessments returned to members 165 51 3 248 89 Total paid to members 3 Commissions and fees retained by or paid to agents 21 5 Salaries and traveling expenses of managers of agencies and general special and local agents 14Z8 uy776 ComptrollerGenerals Eeport 7 Salaries and other compensation of officers and other office employees 1gl9 04 8 Bent 32400 taxes 26185 total 585 85 10 Advertising 3340 blanks and printing 71948 total 752 88 11 AH other items viz Postage stamps express and gen eral office 440 17 Total disbursements jq 4ro 04 IVInvested Assets 5 Cash in office 218 40 All other deposits 49 0 8 Agents ledger balances 3 218 40 9 All other ledger assets viz B R Furn supplies etc 6310 16 Total net or ledger assets less depreciation 10 172 06 VILiabilities 1 Losses due and unpaid Number of claims 2 625 86 6 For salaries rents and office expenses 216 90 9 Amount of all other liability viz Reserve 3124 70 Tota liaities 3 4 VIIExhibit of Certificates or Policies D No Amount Policies or certificates in force December 31 1910 487 297500 00 Policies or certificates written during the year 1911 861 507500 00 n Ttal 3348 805000 00 Deduct number and amount which have ceased to be in force during 1911 67G 42590Q 0Q Total policies in force December 31 1911 645 379094 00 Losses anI claims on policies or certificates paid during the year 911 n 33 3gMISCELLANEOUS ETNA LIFE INSURANCE COMPANY OF HAETFOBD CONNECTICUT M G Bulkeley President C B Gilbert Secretary Home Office 650 Main Street Hartford Connecticut Clarence L Buse 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 6109090 45 Extended at 6109090 45 IIIncome 1 Gross premiums written and renewed during the year Accident 211517335 health 55336332 liability 516978796 workmens collective 6399675 total 7902321 38 2 Deduct reinsurance return premiums on policies can celled premiums on policies not taken Accident 41714010 health 13681540 liability 98603537 workmens collective 1708783 total 1557078 70 6 Total net premiums Accident 169803325 health 41654792 liability 418375259 workmens col lective 4690892 total 5345242 68 22 Gross interest on mortgage loans 112017 00 23 Gross interest on collateral loans 4 80 24 Gross interest on bonds and dividends on stocks S7S 50 25 Gross interest on deposits in trust com panies and banks 1 26 Gross interest from all other sources viz On premiums 19 04 30 Total gross interest and rents 194314 66 39 Total income 6539557 34778 ComptrollerGenerals Report IIIDisbursements 1 Gross amount paid for losses Accident 80122841 health 17880590 liability 213874506 workmens collective 1708918 total 3135868 55 2 Deduct reinsurance Accident 5535726 health 2 55717 liability 250000 total 60414 43 5 Net amount paid policyholders for losses Accident 74587115 health 17624873 liability 213624506 workmens collective 1708918 total 3075454 12 17 Investigation and adjustment of claims viz Accident 4672308 health 63372 liability 50897534 workmens collective 2450 total 556356 64 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 54208500 health 12690649 liability 93845370 workmens collective 576091 total 1613206 10 28 Salaries fees and all other compensation of officers directors trustees and home office employees includ ing traveling expenses 244945 26 29 Salaries traveling and all other expenses of agents not paid by commissions 1 25637 96 30 Medical examiners fees and salaries 13571 26 31 Inspections other than medical and claim 134890 85 32 Rents including 750000 for companys occupancy of its own buildings 72 694 41 33 Repairs and expenses other than taxes on real estate 1679 63 34 Taxes on real estate 131 30 35 State taxes on premiums 91 016 90 36 Insurance department licenses and fees 4868 67 37 All other licenses fees and taxes viz Municipal and county taxes 338 17 42 Legal expenses 3 238 83 43 Advertising 73943 34 44 Printing and stationery 79 105 59 45 Postage telegraph telephone and express 63125 68 46 Furniture and fixtures 29 458 43 47 Stockholders for interest or dividends amount declared during the year 10000000 100000 00 48 Other disbursements viz Sundry expenses 1985566 investment expense 4900 profit and loss agents balances etc uncollectable 408935 interest paid on yEtna gold bond and to agents 8586 total 24079 87 56 Total disbursements 6311048 01 IVLedger Assets 1 Book value of real estate 9618 93 2 Mortgage loans on real estate first liens 2 257 593 37ComptrollerGenerals Eepoet 3 Loans secured by pledge of bonds stocks or other col laterals 4 Book value of bonds 110032500 and stocks 1109 52750 total 5 Cash in companys office 6 Deposits in trust companies and banks t 171697 94 not on interest 7 Deposits in trust companies and banks 779 80 00 2209852 50 on interest 375273 51 Total 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 23977497 health 6705803 liability 66732456 workmens collective 533680 total On policies or renewals issued prior to October 1 1911 Accident 2150757 health 264872 liability 270 05497 workmens collective 106161 total 25 Bills receivable and suspense accounts 27 Advance traveling expenses and salaries 30 Ledger assets NonLedger Assets 31 Interest due 130000 and accrued 72 547526 99 979494 36 295272 87 36987 62 1173 14 6337599 78 55117 on mortgages T 32 Interest accrued on bonds 33 Interest accrued on collateral loans 34 Interest accrued on other assets 37 Rents due on companys property or lease 73851 17 14769 99 3 85 2268 92 710 00 Total 41 Due from reinsurance companies premium account 91603 93 144 51 43 Gross assets Deduct Assets Not Admitted 45 Bills receivable and suspense accounts 36987 62 49 Premiums in course of collection written prior to October 1 1911 51 Book value of ledger assets over market value 52 Advance traveling expenses and salaries 6429348 22 295272 87 128653 50 1173 14 Total 462087 13 54 Admitted assets accident health and liability business 5967261 09 55 Admitted assets life business 56 Total admitted assets 104755535 22780 ComptrollerGeneral s Report VLiabilities 1 Losses and claims adjusted Accident 715105 health 227200 total 9423 05 2 Losses and claims reported or in process of adjustment Accident 13692100 health 479420 workmens collective 552000 total 147235 86 3 Losses and claims resisted Accident 9477970 health 245000 total 97229 70 4 Total losses and claims Accident 23885241 health 951620 workmens collective 552000 total 253888 61 6 Net unpaid claims except liability claims Accident 23885241 health 951620 workmens collective 552000 total 253888 61 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 716557 health 28549 total 7451 06 8 Total losses and claims Accident 24601798 health 980169 workmens collective 552000 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 4796 08294 actual unearned premiums semimonthly basis 2206285 83 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 8849647 unearned premiums pro rata 78775 06 261339 67 1968000 00 2229339 67 23 Total unearned premiums 24 Commissions brokerage and other aharges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 8409558 health 2225018 liability 10683114 workmens collective 100736 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 33 Interest due or accrued 35 Reinsurance 2285060 89 274250 26 8091 61 88203 73 48 62 880 63 ComptrollerGenerals Beport 781 1031 11 2000 00 36 Advance premiums one hundred per cent 38 JEtna gold bond not due 44 Total liabilities accident health and liability business 4888906 52 45 Total liabilities life business 46 Total amount of all liabilities except capital 95491648 12 il Capital actually paid up in cash 2000000 00 48 Surplus over all liabilities viz Acci dent health and liability business 1 07835457 life business 618553253 total 7263887 10 49 Surplus as regards policyholders 50 Total liabilities 9263887 10 104755535 22 Business in the State of Georgia During the Year Gross premiums received less return premiums on risks writ ten or renewed during the year Accident 3302404 Gross health 1094918 liability 1831597 total losses paid Accident 2528255 health 55 5985 liability 1159393 total 62289 19 42436 33 THE ETNA ACCIDENT AND LIABILITY COMPANY OF HARTFORD CONNECTICUT M G Bulkeley President J Scofifield Rowe Secretary Home Office 650 Main Street Hartford Connecticut Vm A Wright 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 990931 70 3 Increase of paidup capital during the year 500000 00 1490931 70 Extended at IIIncome 1 Gross premiums written and renewed during the year Fidelity 32750 surety 149810 plate glass 114 733 72 burglary and theft 16435424 sprinkler 15 03028 fly wheel 189828 auto property damage 48205534 total 779Sy782 ComptrollerGenerals Report Deduct reinsurance Burglary and theft 1269249 sprinkler 141578 total 14118 27 Deduct return premiums on policies can celled Plate glass 511978 burglary and theft 1083450 sprinkler 87056 fly wheel 41489 auto property dam age 4134896 total 58588 75 Deduct premiums on policies not taken Plate glass 2351169 burglary and theft 2531503 sprinkler 194200 fly wheel 2400 auto property damage 10259790 total 153390 62 Total deductions Plate glass 2863147 burglary and theft 4884208 sprinkler 422834 fly wheel 43889 auto property damage 14394686 total Net premiums Fidelity 32750 surety 149810 plate glass 8610225 burglary and theft 11551216 sprinkler 1080194 fly wheel 145939 auto property damage 33810848 total 22 Gross interest 23 Gross interest 24 Gross interest stocks 25 Gross interest on deposits in trust com panics and banks on mortgage loans on collateral loans on bonds and dividends on 22502 1771 71 61 3863 on 1465 34 30 Total gross interest and rents 32 Surplus account 39 Total income 226087 64 553809 82 29601 16 750000 00 1333410 98 IIIDisbursements 1 Gross amount paid for losses Plate glass 3043869 burglary and theft 4075202 sprinkler 68o7 llv wheol 1000111111 auto property damage 14644245 total 2 Deduct reinsurance Burglary and theft 227871 sprinkler 3433 total 2313 04 3 Deduct salvage Dlate glass 02455 burglary and theft 12844 auto prop erty damage 90273 total 1655 72 227702 43 4 Total deduction Plate glass 02455 burglary and theft 240 15 sprinkler 3433 auto property damage 90273 total Not amMini paid pulicyholders for losses Plate glass 2981414 burglary and theft 38345 47 sprinkler 3434 fly wheel 1000000 14553972 total 223 733 67 3968 76ComptrollerGenerals Eeport 783 17 Investigation and adjustment of claims viz Burglary and theft 110894 auto property damage 752319 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Surety 1380 plate glass 2401234 burglary and theft 3296326 sprinkler 162505 fly wheel 28605 auto property damage 7411927 total 133019 28 Salaries fees and all other compensation of officers direc tors trustees and home office employes including travel ing expenses 29 Salaries traveling and all other expenses of agents not paid by commissions 4 31 Inspections other than medical and claim 32 Rents 6 083 3S 35 State taxes on premiums 5 661 70 36 Insurance Department licenses and fees 37 All other licenses fees and taxes Federal corporation tax 3398 capital stock tax 675000 municipal and county taxes 42982 total 61 43 Advertising gj765 10 44 Printing and stationery 7g 45 Postage telegraph telephone and express 46 Furniture and fixtures 25000 00 47 Stockholders for interest or dividends 48 Other disbursement Association dues 51366 electric light bills 1482 entertaining agents 545 informa tion bureau reports 4600 porter and janitor expenses supplies etc 11612 post office box rent and keys 1640 incidental expense made up of small items 2055 total 459275 77 56 Total disbursements IVLedger Assets 2 Mortgage loans on real estate first liens J f 3 Loans secured by pledge of bonds stocks or other collaterals 3000 00 4 Book value of bonds 627 Q1 5 Cash in companys office 55 419 84 6 Deposits in trust companies and banks not on interest 55419 8 7 Deposits in trust companies and banks on interest 534098 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Fidelity 32750 surety 99310 plate glass 1996816 burglary and theft 2393267 sprinkler 3 207 77 wheel 43100 automobile property damage 5433338 total 103192 58784 ComptbolleeGeneeals Bepobt On policies or renewals issued prior to Octo ber 1 1911 Plate glass 142656 burglary and theft 156966 Sprinkler 57000 automobile property damage 1124904 total l4815 26 24 Tftals 118007 84 25 Bills receivable and suspense accounts 3 794 90 27 Advance traveling expenses 200 00 30 Ledger assets 2365066 91 NonLedger Assets 31 Interest accrued 1515979 on mortgages 15159 79 32 Interest accrued 1110208 on bonds 11102 08 33 Interest accrued 27500 on collateral loans 275 00 34 Interest accrued 144821 on other assets 1448 21 37 Total 27985 08 43 Total assets 2393051 99 Deduct Assets Not Admitted 45 Bills receivable and suspense accounts 3794 96 49 Premiums in course of collection written prior to October 1 1911 14815 26 51 Book value of ledger assets over market value 9 54 s 75 52 Advance traveling expenses 200 00 28358 97 56 Admitted assets 2364693 02 VLiabilities 1 Losses niiil claims adjusted Plate glass 22770 burglary and theft 49575 tot at 72 45 2 Losses and claims reported or in process of adjustment Plate glass 94226 burglary and theft 452300 auto property damage 1665188 total 22117 14 3 Losses and claims resisted Burglary and theft417000 auto property damage 1138650 total 15556 50 4 Total losses and claims Plate glass 116996 burglary and theft 9188 75 auto property damage 2803838 total 38397 09 t Net unpaid claims except liability claims Plate glass 116996 burglary and theft 918875 auto property damage 2803838 total 38 397 09ComptrollerGenerals Eeport 785 7 Estimated expenses of investigation and adjustment of un paid claims Plate glass 5850 burglary and theft 45944 auto property damage 140192 total 8 Total losses and claims Plate glass 122846 burglary and theft 964819 auto property damage 2944030 total 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 49527446 un earned premiums fifty per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 5129193 unearned premiums pro rata 1919 86 40316 95 247637 23 30378 93 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 1911 viz Fidelity 9825 surety 29793 plate glass 662272 burglary and theft 7 17980 sprinkler 80194 fly wheel 10775 auto property damage 1358309 total Salaries rents expenses bills accounts fees etc due or accrued Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 34 Return premiums 35 Reinsurance 36 Advance premiums 278016 16 29 30 28691 48 466 75 7149 71 1265 60 2518 60 747 88 46 Total amount of all liabilities except capital 359173 13 47 Capital actually paid up in cash 100000000 48 Surplus over all liabilities 1005519 89 49 Surplus as regards policyholders 2005519 89 50 Total liabilities 2364693 02 Business in The State of Georgia Dining 1911 Gross premiums received less return premiums on risks written or renewed during the year Automobile property dam age 461503 plate glass 50689 burglary and theft 62329 fidelity 16800 totalft Gross losses paid Automobile property damage 141180 plate glass 17776 burglary and theft 130250 total 5913 21 2892 06786 ComptrollerGenerals Report ALABAMA FIDELITY CASUALTY CO OF MONTGOMERY ALA T E Lovejoy President J W Kelly Secretary Home Office Bell Building Montgomery Alabama Win A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 242860 00 2 Amount of Ledger Assets as per balance December 31st of previous year 229409 13 3 Increase of paidup capital during the year 56850 00 Extended at 286259 13 IIIncome 1 Gross premiums unpaid December 31 last year Accident 69415 health 47690 fidelity 38150 plate glass 7248 burglary and theft 8050 total 1705 53 2 Gross premiums written and renewed during the year Accident 2102754 health 1575365 fidelity 8 43006 surety 158402 plate glass 156414 steam boiler 2500 burglary and theft 126662 industrial 1000492 total 59655 95 3 Total Accident 2172169 health 1623055 Fidelity 881156 surety 158402 plate glass 163662 steam boiler 2500 burglary and theft 134712 industrial 1000492 total 61361 48 4 Entire premiums collected during the year Accident 16 11669 health 1217762 fidelity 768116 surety 150067 plate glass 98246 steam boiler 2500 burglary and theft 113912 industrial 1000492 total 49627 64 5 Deduct reinsurance return premiums and cancellations Accident 588615 health 501890 fidelity 172421 surety 8993 plate glass 38541 burglary and theft 35118 industrial 625 total 13462 03 6 Net premiums Accident 1023054 health 715872 fidelity 595695 surety 141074 pbte glass 59705 steam boiler 2500 burglary and theft 78794 industrial 999867 total 36165 61 19 Policy fees required or represented by applications 687 18 20 Interest on mortgage loans 8125 43 21 Interest on collateral loans 71 92 22 Interest on bonds and dividends on stock 685 20 23 Interest on deposit 4283 82 24 Interest from all other sources 2761 39 26 Total interest and rents 15927 76ComptbolleeGeneeals Repobt 787 28 Premium on stock sales 34 Time deposits previously written off 35 Loss and gain adj item on acot of made in previous statement 36 Agents balances previously written off adj 71895 00 204 00 279 57 1419 33 Total 38 Total income 73797 90 412817 58 1IIDisbursements 1 Gross amount paid for losses Accident 1530 health 159262 plate glass 1585 industrial 54559 total 2 Deduct salvage and reinsurance Accident 46 25 3 Net amount paid policy holders for losses Accident 1 48471 health 159262 plate glass 1585 industrial 554559 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 382792 health 278042 Fidelity 1 13760 surety 21623 plate glass 17608 steam boiler 1750 burglary and theft 14368 industrial 313374 total 20 Salaries fees and all other compensation of officers directors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions Medical examiners fees and salaries Industrial Rents Taxes on premiums All other taxes licenses and insurance departments fees 22 23 24 26 27 Municipal taxes 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 38 Commission on stock sales 39 Genuine expenses office expenses explain 42 Printing and stationery of previous year written off 43 Furniture and fixtures of previous year written off 46 Total disbursements IVLedger Assets 2 Mortgage loans on real estate 8684 72 8638 77 11433 17 15092 89 3436 84 12 00 5 00 1041 40 57 84 1286 37 776 56 1810 00 2347 74 2818 54 734 14 750 05 20181 58 2137 84 3500 00 1275 84 77336 07 80750 00788 ComptbollerGteneeals Eeport 3 Loans secured by pledge of bonds stocks or other collaterals 4 Book value of bonds excluding interest 3065000 and book value of stocks 1680000 5 Cash deposited in banks 6 Bills receivable 7 Other ledger assets viz agents balances 3769 credit 1270 00 total 11 Ledger assets NonLedger Assets 12 Interest accrued on mortgages 1321 82 13 Interest accrued on bonds 558 33 14 Interest accrued on collateral loans 447 39 15 Interest accrued on time deposits 3750 78 Total 19 Gross premiums in course of collection viz 21 On policies or renewals issued subsequent to v October 1 1911 Accident 527700 health 378953 fidelity 101215 surety 8335 plate glass 62139 burg lary and theft 20800 total 10991 42 22 On policies or renewals issued prior to Oct ober 1 1911 Accident 32800 health 26340 fidelity 11825 plate glass 3277 total 742 42 33 Totals 37 G ross assets Deduct Assets Not Admitted 38 Companys stock owned 1237 00 39 Bills receivable 112705 agts debit balances gross 3769 41 4896 46 43 Gross premiums in course of collection written prior to October 1 1911 742 42 Total 51 Admitted assets VLiabilities 1 Losses and claims adjusted Accident 22500 health 8964 industrial 22268 total 2 Losses and claims in process of adjustment Accident 15750 health 55300 industrial 94040 total 3 Total losses and claims Accident 38250 health 64264 industrial 116308 total 11987 00 47450 00 191668 05 1127 05 2499 41 335481 51 6078 32 11733 84 353293 67 6875 88 346417 79 437 32 1650 90 2188 22ComptrollerGenerals Eeport 4 Deduct reinsurance 15 Net unpaid claims except liability claims 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 1962039 737 76 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 1911 viz Accident 117734 health 83136 fidelity 6504 surety 5467 plate glass 16334 burglary and theft 13122 total 26 Salaries rents expenses taxes bills accounts fees etc etc due or accrued 31 Reinsurance 34 Commissions due sale capital stock 35 Estimated amount payable for taxes 43 Capital actually paid up in cash 44 Surplus over all liabilities 46 Total liabilities Business in State of Georgia During Year received on risks written or renewed lining the Gross premiums r year Acci theft 2000 industrial 22430 total ar Accident 39050 health 32850 burglary and Gross ss losses paid Accident 13500 industrial 9666 total 789 75 00 2113 22 20358 15 2427 97 1248 14 685 13 1270 00 2900 00 242860 72555 18 346417 79 963 30 231 66 AMERICAN LIFE AND ANNUITY COMPANY OF GEORGIA T K Bowles Secretary J Pope Brown President Home Office 3d Floor Forsyth Bldg Atlanta Ga ICapital Stock 2 Amount of Ledger Assets as per balance December 31 of pro ious year 97187 5 4 Extended at IIIncome 7 Total first years premiums riginal 56348 05 policies 56348 05 12 Total new premiums 790 ComptrollerGenerals Report 18 Total renewal premiums 19 Total premium income 20 Consideration for supplementary contracts not involving life contingencies 23 Gross interest on mortgage loans accrued interest paid on mortgages acquired during 1911 30 14 25 Gross interest on bonds and dividends on stocks interest on bonds acquired dur ing 1911 l327 23 26 Gross interest on premium notes policy loans or liens 2 59 33 Total gross interest and rents 35 Income certificates 280325 00 36 Borrowed money 41 651 40 39 Total 40 From agents balances previously charged off 43 Total income IIIDisbursements 1 For death claims 3000 00 3 Net amount paid for losses and matured endowments 9 Dividends paid to policyholders in cash or applied in liquidation of loans or notes 16 Paid for claims on supplementary contracts not involving life contingencies 18 Paid certificate holders for interest or dividends 19 Commissions to agents less commission on reinsurance first years premiums 4886661 renewal premiums 8886 total 22 Agency supervision and traveling expenses of supervisors except compensation for home office supervision 24 Medical examiners fees 307525 inspection of risks 29600 Salaries and all other compensation of officers directors trustees and home office employees 26 Rent including 157788 for companys occupancy of its own buildings Acturial and auditing 27 Advertising 364762 printing and stationery 218112 postage telegraph telephone and express 124263 ex change 46434 28 Legal expense not included General Expenses 29 Furniture fixtures and safes 4559 25 60907 30 3000 00 1299 68 321976 40 1792 66 388976 04 3000 00 375 05 1650 00 12762 87 48955 47 472 39 3371 25 L2622 52 1577 88 666 66 7535 71 1449 00 1093 86 1516 10 ComptrollerGenerals Eeport 91 32 State taxes on premiums 33 Insurance department licenses and fees 36 Municipal license 39 Commissions sale of certificates 40 Discounts on certificates of deposit 41 Interest on borrowed money 42 Salary and expenses mgs of agts certi ficates 94749 53 17206 56 3261 09 27210 00 Total 43 Credit accts of 1911 disbursed 1092043 and 4713 45 Agents balances charged off 48 Total disbursements IVLedger Assets 2 Mortgage loans on real estate 5 Premium notes on policies in force 6 Equity in bonds Book value of bonds 7 Cash in company s office 8 Deposits in trust companies and banks not not on interest 9 Deposits in trust companies and banks on interest 440 16 885 79 15800 00 Total 10 Bills receivable 3615431 agents balances debit 09330 credit 157950 11 Personal accounts Dr 271067 Cr 3216 12 Total ledger assets 29 Net amount of uncollected and deferred premiums 35 Gross assets Deduct Assets Not Admitted 38 Agents debit balances gross 39 Cash advanced to or in the hands of officers or agents 8093 30 2710 67 67 77 148 00 669 70 NonLedger Assets 21 Total interest and rents due and accrued estimated 25 Gross premiums due and unreported on policies m force December 31 1911 28 Deduct loading 142427 18 10976 56 3522 54 259109 51 35540 00 1409 59 8860 59 118771 53 17125 95 6513 80 2678 51 227054 28 500 00 1552 89 388 22 1164 67 228718 95792 CompteollebGenebals Eepoet 40 Loans on personal security endorsed or not 36154 31 Total 46958 28 46 Admitted assets igi 7go qj VLiabilities Surplus and Other Funds 2 American Experience table at 3 per cent 13488 00 9 Present value of amounts not yet due on supplementary con contracts not involving life contingencies computed by tlie 8700 00 12 Claims for death losses in process of ad justment or adjusted and not due 2000 00 17 Total policy claims 2 000 00 25 Salaries rents office expenses hills and accounts due or accrued gQ2 68 29 Borrowed money and interest thereon 43857 00 44 Capital stock Ill 912 99 46 Total 181760 17 AMERICAN BONDING COMPANY OF BALTIMORE MARYLAND George Cator President Wm E P Duvall Secretary Home Office Equitable Building Calverl and Fayette 8ts Baltimore Md ICapital Stock 1 Amount of capital paid up i cash 750000 00 2 Amount of Ledger Assets as per balance December 1 of previous year 2718977 07 Extended at 2718977 07 ITIncome 1 Gross premiums written and renewed during the year Fidelity 37748128 Surety 1163080 56 burglary and theft 28514561 toted 1825707 45 2 Deduct reinsurance Fidelity 1694501 Surety 7787366 burglary and thefl 2633416 total 121154 83ComptrollerGenerals Report 793 3 Deduct return premiums on policies can celled Fidelity 2244757 Surety 74 54540 burglary and theft 2451469 total 121507 m 4 Deduct Premiums on policies not taken Fidelity 1512339 surety 9495418 burglary and theft 3593513 total 146012 70 5 Total Deductions Fidelity 5451797 surety 24737324 Burglary and theft 8678398 total 388675 19 6 24 25 27 30 32 34 35 Net premiums Fidelity 32296331 surety 91570732 burglary and theft 19836163 total Gross interest on bonds and dividends on stocks less h6193 accrued interest on bonds acquired during 1911 Gross interest on deposits in trust companies and banks Final judgment against City of Chicago 111 161188 salvage 26122 branch office bank accounts 22636 48758 total Total gross interest and rents Income from investments of collateral deposits during year 927871 interest and expenses paid on collateral deposits during year 739945 total Advance premiums Dec 31 1911 543784 Advance premiums Dec 31 1910 329 05 37 Gross profits on sale or maturity of ledger assets viz bonds 38 Gross increase by adjustment in book value of ledger assets viz Bonds 1212887 stocks 175300 total 1437032 26 85798 34 5990 66 2099 40 93888 46 1S79 26 108 79 693 75 13881 87 39 Total income II IDisbursements 1 Gross amount paid for losses Fidelity 7808344 surety 28971852 burglary and theft 8454002 totalsi 2 Deduct reinsurance Fidelity 150390 surety 166596 burglary and theft 870018 total 3 Deduct salvage Fidelity 1746998 surety 7055939 burglary and theft 75 total 8538 12 1528 12 4 Total deduction Fidelity 1897388 surety 6889343 burglary and theft 919893 total 5 Net amount paid policyholders for losses Fidelity 59 10956 surety 22082509 burglary and theft 75 34109 total 452341 98 97066 24 355275 74794 ComptrollerGenerals Eeport 17 23 28 29 31 32 35 36 37 42 43 44 45 46 47 49 50 53 54 55 Investigation and adjustment of claims viz Fidelity 583449 surety 4394182 burglary and theft 816976 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 6736033 surety 18200561 burglary and theft 5545531 total Salaries fees and all other compensation of officers direc tors trustees and home office employees Salaries traveling and all other expenses of agents not paid by commissions Inspections other than medical and claim Rents State taxes on premiums Insurance Department licenses and fees All other licenses fees and taxes Feleral corporation tax 35753 municipal licenses 207608 tax on capital stock etc 1833302 total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Stockholders for interest or dividends General miscellaneous expenses Depreciation in market value of collateral deposit invest ments during year 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 881687 stocks 86250 total 57946 07 304821 25 137851 68 207921 43 3816 07 15570 00 24566 84 14730 73 20766 63 10598 75 10733 32 15935 06 12462 2 15060 55 120000 00 31400 07 195 00 5492 48 312 50 9679 37 56 Total disbursements 1 75142 43 IVLedger Assets 4 Book value of bonds 200111925 and stocks 67 00300 5 Cash in company s office 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 8 Premiums in courso of collection iz On policies or renewals issued on or after October 1 1911 Fidelity 2408448 surety 15081841 burglary and theft 5006705 total On policies or renewals issued prior to Oc tober 1 1911 Fidelity 851882 surety 11955142 224969 94 1068022 25 130 59 819322 43955 88ComptrolleeGenekals Eepoet 795 Burglary and theft 413243 total 132206 67 Total 357176 61 27 Due by suspended Banks Trust Companies 5927241 18244 48 30 Ledger assets 2891319 03 NonLedger Assets 32 Interest due 195750 and accrued 1240695 on bonds 14364 45 43 Gross assets 2905683 48 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 132206 67 57 Admitted assets 2773476 81 VLiabilities 1 Losses and claims reported or in process of adjustment Fidelity 4689001 surety 15003415 burglary and theft 2638212 total 223306 28 2 Losses and claims resisted Fidelity 4422391 surety 10908085 burglary and theft 1878778 total 172091 54 3 Total losses and claims Fidelity 9111392 surety 259 11500 burglary and theft 4516990 total 395398 8Z 4 Deduct reinsurance Fidelity 156267 surety 654940 burglary and theft 1190325 total MXo 6 5 Net unpaid claims except liability claims Fidelity 89 55125 surety 25256560 burglary and theft 33 375080 50 26665 total 6 Estimated expenses of investigation and adjustment of un paid claims Fidelity 310000 surety 2010300 burglary and theft 178300 total ym 7 Total losses and claims Fidelity 9265125 surety 272 66860 burglary and theft 3504965 total 400369 50 20 Gross premiums lass reinsurance upon all unexpired excise risks written in New York State running one year or less from date of policy 4922655 unearned premiums seventyfive per cent 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of oplicy 1243 25685 unearned premiums fifty per cent BZ1M 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 203 97859 Unearned premiums pro rata 10810538 108105 38 23 Total unearned premiums as shown by recapitulation 766653 70796 ComptrollerGenerals Report 24 Commissions brokerage and other charges due or to become cine to agents or brokers on policies issued on or after October 1 1911 viz Fidelity 481690 surety 29 16472 burglary and theft 992480 total 43906 42 29 Salaries rents expenses bills accounts fees etc due or accrued 2500 00 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 22500 00 34 Return premiums 5491 64 35 Reinsurance 27038 33 36 Advanced premiums one hundred per cent 5437 84 46 Total amount of all liabilities except capital 1273897 43 47 Capital actually paid up in cash 750000 00 48 Surplus over all liabilities 749579 38 49 Surplus as regards policyholders 1499579 38 50 Total liabilities 2773476 81 Business in Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Fidelity and surety 1887751 burglary and theft 1182 71 total 2DHid 22 Gross losses paid Fidelity and surety 754480 burglary anil theft 502 85 total 8047 65 AMERICAN CASUALTY CO OF READING PENN E P Van Reed President Harvey II Shomo Secretary Home Office Colonial Trust Kldg Fifth and Ienn Sts Reading Penn J B Marliuvy Attorney for Service in Georgia LCapital Stock 1 Amount of capital paid up in cash 300000 00 2 Amount of ledger assets as per balance December 31 of previous year 491000 85 Extended at 491 00fJ s 11 I acome 1 Gross Premiums unpaid December 31 lust year Accident and Health 1003963 liability 1485927 plate glass 1324272 steam boiler 69815 burglary and theft 190699 auto property 403252 total 44779 28ComptrollerGenerals Eeport 797 2 Gross premiums written and renewed during the year Accident and health 169933 46 liability 9695841 plate glass 4699202 steam boiler 543825 burglary and theft 13119 86 auto property 50664 95 total 383106 95 3 Total Accident and health 17997309 liability 111 81768 plate glass 6023474 steam boiler 613640 burglary and theft 1502685 auto property 54 697 47 total 427886 23 4 Deduct gross premiums now in course of collection Ac cident and health 1179570 liability 1583293 plate glass 1233249 steam boiler 66750 burglary and theft 169459 auto property 858748 total 50910 6i 5 Entire premiums collected during the year Accident and health 16817739 liability 9598475 plate glass 4790225 steam boiler 546890 burglary and theft 1333226 auto property 4610999 total 376975 54 6 Deduct reinsurance return premiums and cancellations Accident and health 2017002 liability 2603566 plate glass 1302357 steam boiler 99831 burglary and theft 3373 50 auto property 1139999 total 75001 0o 7 Net premiums Accident and health 14800737 liability 6994909 plate glass 3487868 steam boiler 4 47059 burglary and theft 995876 auto property s j 4 074 49 3471000 total V 4 20 Interest on mortgage loans 7982 8 22 Interest on bonds and dividends on stock 7975 71 QQQ PT1 23 Interest on deposit 24 Interest from all other sources 4 3 25 Cross rents from companys property M40 50 t 18301 58 26 Total interest and rents p 32 From all other sources 33 Commission on bonding business written 931 12 34 Gross increase by adjustment in book value of ledger assets bonds L50 00 Total x 321357 19 38 Total income III Disbursements Accident and Gross Amount paid for losses Accident and health 74 054 30 liability 720286 plate glass 2183769 steam boiler 2625 burglary and theft 6389C auto property 1647532 total 135985 47798 ComptrollerGenerals Eeport 2 Deduct salvage and reinsurance Accident and health 298298 total 2982 98 3 Net amount paid policyholders for losses Accident and health 7107132 liability 1720286 plate glass 21 83769 steam boiler 2625 burglary and theft 6 38905 auto property 1647532 total 133002 49 4 Investigation and adjustment of claims Health and ac cident 55011 liability 273596 plate glass 3000 burglary and theft 10474 auto property 103601 total 4456 82 5 Totals Accident and health 7162143 liability 19 93882 plate glass 2186769 steam boiler 2625 burglary and theft 649379 auto property 1751133 total 137459 31 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 4120482 liability 1948531 plate glass 1191480 steam boiler 78023 burglary and theft 309571 auto property 1081049 total 87294 30 19 Stockholders for interest or dividends 17500 00 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 18779 29 21 Salaries traveling and all other expenses of agents not paid by commissions 11568 03 22 Medical examiners fees and salaries 95 00 23 Inspections other than medical 1957 13 24 Bents 3882 84 25 Repairs and expenses and tax on real estate 1141 43 27 All other taxes licenses and insurance department fees 7499 2S 28 Legal expenses 288 40 29 Advertising printing and stationery 6559 01 31 Postage and express 2790 74 32 Furniture and fixtures 354 84 34 Bonds per schedule D 140 10 38 Sundry expense 790 42 39 Subscriptions 457 80 40 Bills payable account real estate 11000 00 41 Interest on bills payable 244 44 42 Agents Balances charged off 2735 13 46 Total disbursements 312534 55 IVLedger Assets 1 Book value of real estate 31 000 00 2 Mortgage loans on real estate 189 940 00 4 Book value of bonds excluding interest 214 966 34ComptrollerGenerals Report 799 5 Cash in companys office 333994 deposited in banks 5741504 6 Bills receivable 11 Ledger assets NonLedger Assets 12 Interest due 9500 and accrued 210516 mortgages 13 Interest on bonds 16 Rents due 23550 on companys property or lease 2200 16 3523 58 235 50 Total 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 1911 Ac cident and health 1068608 liability 1484938 plate glass 714387 steam boiler 34150 burglary and theft 151709 auto property 8438 58 total On policies or renewals issued prior to October 1 1911 Accident and health 110962 liability 98355 plate glass 518862 steam boiler 32600 burglary and theft 17750 auto property 14890 total 37 Gross assets Deduct Assets Not Admitted 39 Bills receivable 43 Gross premiums in course of collection writ ten prior to October 1 1911 3162 17 7934 19 Total 51 Admitted assets VLiabilities 1 Losses and claims in process of adjustment Accident and health 408725 plate glass 93315 burglary and theft 47110 auto property 24500 total 2 Total losses and claims Accident and health 4087 25 plate glass 93315 burglary and theft 47110 auto property 24500 total 16 Special reserve for unpaid liability losses 18 Total unpaid claims and expenses of settlement 60754 98 3162 17 499823 49 5959 24 4000 00 2713 21 42976 50 7934 19 563406 63 11096 36 552310 27 5736 50 5736 50 44695 72 50432 22800 ComptrollerGenerals Report 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 18947365 un earned premiums 50 per cent 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 1993916 mi earned premiums pro rata 94736 83 10129 70 21 Total unearned premiums as shown by recapitulation 104866 53 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 viz Accident and health 366584 liability 448974 plate glass 242093 steam boiler 10104 burglary and theft 51601 auto property 248697 total 13681 46 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 3 453 04 31 Reinsurance 204 75 32 Advance premiums 100 per cent 194 38 42 Total amount of all liabilities except capital 4i Capital actually paid up in cash 300000 00 44 Surplus over all liabilities 79467 89 45 Surplus as regards policyholders 46 Total liabilities 172S42 38 379447 89 552310 27 Business in State of Georgia During Fear Gross premiums received on risks written or renewed during the year Accident and health 5430in liability 172984 plate glass 1232 00 burglary and theft 3338 auto property 20860 total Gross losses paid Accident and health 2444 56 liability 89640 plate glass 137485 total 8634 12 4715 81 AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK E M Treat President Jos J Gross Secretary Home Office 302 Broadway New York City N Y R S Witherspoon Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 350000 00CompteolleeGenebals Eepoet 801 2 Amount of ledger assets as per balance December 31st of previous year 1593959 34 Extended at 1593959 34 IIIncome 1 Gross premiums written and renewed during the year Credit 85449109 2 Total Credit 3 Entire premiums collected during the year Credit 4 Deduct reinsurance return premiums and cancellations 5 Net premiums Credit 22 Interest on bonds 23 Interest on deposits in banks 24 Interest from all other sources 58492 04 562 12 3491 40 26 Total interest 27 Profit on sale or maturity of ledger assets Bonds 32 From all other sources Agents balances previously charged off 38 Total income IIIDisbursements 1 Gross amount paid for losses Credit 2 Net amount paid policyholders for losses Credit 3 Investigation and adjustment of claims Credit 4 Total Credit 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Credit 19265776 19 Stockholders for dividends amount declared during the year 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 21 Salaries traveling and all other expences of agents not paid by commissions 22 Country exchange 24 Rents including companys occupancy of its own buddings 26 Taxes on premiums 27 All other taxes licenses and nsurance Department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express and telephone and telegraph 854491 09 854491 09 854491 09 52185 91 802305 18 62545 56 93 75 160 00 865104 49 558421 71 558421 71 18184 74 576606 43 192657 76 3500 00 50590 43 22241 10 633 33 10146 09 14081 23 5725 30 4857 31 7472 53 3839 90 5217 38802 ComptrollerGenerals Report 33 Loss on sale or maturity of ledger assets Bonds 37 All other disbursements 38 Traveling expenses 39 Mercantile agencies 40 Miscellaneous expenses 41 Bills receivable 42 Agents balances charged off oO 1829 45 2438 50 1889 411 1974 07 7009 90 46 Total disbursements 920432 61 IVLedger Assets 4 Book value of bonds excluding interesti 5 Cash in companys office 1043787 deposited in banks 3688319 6 Bills receivable 8 Office furniture and fixtures 9 Agents balances 10 Premium notes 44920 04 19411 56 81424 85 Total 11 Ledger assets 1332724 51 47321 06 12823 20 145756 45 1538631 22 NonLedger Assets 13 Interest accrued on bonds 15 Interest accrued on premium notes not past due 7526 66 640 62 Total 37 Gross assets 8167 28 1546798 50 Deduct Assets Not Admitted 38 Agents balances 39 Bills receivable 40 Furniture and fixtures 42 Premium notes past due 44 Rook value of ledger assets over market value viz Bonds 19411 56 12829 20 44920 04 21783 39 71528 26 Total 51 Admitted assets 170472 45 1376326 05 VLiabilities 1 Losses and claims in process of adjustment Credit 2 Losses and claims resisted Credit 3 Total losses and claims 15179 56 38572 00 53751 56CompteolleeGeneeals Eepoet 803 17 Special Reserve for Credit losses on policies expiring in October November and Dec ember 1911 being 50 per cent of 239 20083 gross premiums received on said policies less 1092342 paid during said months on losses under said policies 108676 99 18 Total unpaid claims and expenses of settlement 19 Gross1 premiums less reinsurance upon all unexpired risks running one year or less from date of policy 75334976 un earned premiums pro rata 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 78750 un earned premiums pro rata 378319 24 754 63 162428 55 21 Total unearned premiums as shown by recapitulation 22 Special reserve on policies in force Dee 31 1911 being 50 per cent of earned premiums on same 23 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to October 1 1911 viz Credit 26 Salaries rents expenses taxes bills accounts fees etc due or accrued estimated 28 Due and to become due for taxes on premiums 32 Advance premiums 34 Agents credit balances 6205 17 35 Eeserve for outstanding guarantees to policyholders 8660 00 36 Contingent reserve on salvage agreement 4314 77 Total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 44 Surplus over all liabilities 254232 77 45 Surplus as regards policyholders 46 Total liabilities Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Credit Gross losses paid Credit 379073 87 187531 69 6170 05 2000 00 12239 18 3470 00 19179 94 772093 28 604232 77 1376326 05 9816 88 9836 70804 ComptrollerGenerals Report AMERICAN FIDELITY COMPANY OF MONTPELIER VERMONT James W Brock President Harlan W Kemp Secretary Home Office Cor Main and State Streets Montpelier Vermont J S Slicer Attorney for Service in Georgia 1Capital Stock 1 Amount of capital paid up in cash 750000 00 2 Amount of ledger assets as per balance December 31 of previous year 1329621 50 3 Increase of paid up capital during the year 250000 00 Increase in paid up surplus 125000 00 Extended at 1704621 50 IIIncome 1 Gross premiums unpaid December 31 last year Accident and health 2330422 liability 17543168 fidelity and surety 2053725 burglary and theft 7898 70 total 2 Gross premiums written and renewed during the year Ac cident and health 3439607 liability 194799333 Fidelity 5870248 surely 11103670 burglary and theft 4868768 auto property damage 11617185 workmena Coll 201087 total 2 428 864 29 227171 85 3 Total Accident and health 16956560 liability 2123 42501 fidelity and surety 19027643 burglary and theft 5658638 auto property damage 11617185 workmen Coll 2010 87 total 2656036 14 I Deduct gross premiums now in course of collection Ac cident and health 2720922 liability 36901485 Fidelity and surety 3249405 burglary ami theft 926062 total 437978 74 5 Entire premiums collected during the year Accident and health 14035638 liability 175441016 fidelity and surety 15778238 burglary ami theft 4732576 auto property damage 11617185 workmena coll 201087 totaI 2218057 40 6 Deduct reinsurance return Premiums and cancellations Accident and health 3805416 liability 43515807 fidelity and surety 2312140 burglary and theft 7 75230 auto property damage 2342276 workmen coll 128700 total 528795 69ComptrollerGenerals Eeport 80o 7 Net premiums Accident and health 10230222 liability 131925209 fidelity and surety 13466098 burglary and theft 3957346 auto property damage 9274909 workmens coll 72387 total 18JJJ JJ 22 Interest on bonds and dividends on stock 23 Interest on deposit lloi3 75 33 Increase in book value of bonds 1748032 36 38 Total income IIIDisbursements 1 Gross amount paid for losses Accident 3730128 health 15 784 33 liability 41166988 fidelity 445138 surety 4494535 burglary and theft 1461020 auto prop damage 1741290 workmans coll 18821 total 2 Deduct salvage and reinsurance Accident 29566 health 35089 fidelity 115000 surety 582642 burglary and theft 11210 auto property damage 500 total V W 3 Net amount paid policyholders for losses Accident 37 005 62 health 1543344 liability 41166988 fidelity 3 30138 surety 3911893 burglary and theft 14 49810 auto property damage 1740790 workmen s coll 18821 total J 4 Investment and adjustment of claims Accident fi0iS2 health 14150 liability 15493956 fidelity 176967 surety 1298557 burglary and theft 34118 auto property damage 80256 total 5 Totals Accident 3881024 health 1557494 liability 56660944 fidelity 507105 surety 5210450 bur glary and theft 1483928 auto property damage 18 210 46 Workmens coll 18821 total lxu 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Lcident and health 3711151 liability 387 07925 fidelity and surety 3878312 burglary and theft 1302916 total m n 19 Stockholders for interest or dividends 20 Salaries fees and all other compensation of officers due tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 6Q78 2g 23 Inspections other than medical 1 852 84 24 Rentsi o45 47 27 All other taxes licenses and insurance department fees 28 Legal expenses g775 41 29 Advertising 12 487 72 30 Printing and stationery 806 ComptrollerGeneral s Report 31 Postage and express1 5 954 93 32 Furniture and fixtures 3550 94 37 All other disbursements 38 Traveling 798743 home affice expenses 21391 fire insurance 4730 36121 8 348 64 40 Agents balances charged off 1 179 71 41 Bonds per schedule 425 00 46 Total disbursements 1369281 46 IVLedger Assets 4 Book value of bonds excluding interest 1 836 445 08 5 Cash in companys office 1830809 deposited in banks 22855923 246927 32 11 Ledger assets 2083372 40 NonLedger Assets 12 Interest accrued 2283957 on bonds 22839 57 15 Interest accrued 190092 on other assets bank balance 1900 92 TotaI 24740 49 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1910 Accident and health 2463615 liability 32108189 fidelity and surety 2792480 burglary and theft 740401 totals 38104685 On policies or renewals issued prior to Oc tober 1 1910 Accident and health 2 57307 liability 4793296 fidelity and surety 456925 burglary and theft 1 85661 total 56931 89 Totals 437978 74 36 Reinsurance from other co s on losses pd Gas Co of Amr 99 28 37 Gross assets 2546190 91 Deduct Assets Not Admitted 42 Loans or personal security endorsed or not advanced to agents 155 04 43 Gross premiums in course of collection written prior to October 1 1911 56931 89ComptrollerGenerals Report 807 44 Book value of ledger assets over market value viz Bonds Total 51 Admitted assets 44275 08 101363 01 2444827 90 VLiabilities Losses and claims adjusted Accident 378585 health 6563 burglary and theft 19370 auto prop damage 11582 total Losses and claims in process of adjustment Accident 7 339 64 health 228407 fidelity 316295 surety 4 31401 burglary and theft 98400 auto prop damage 11108 27 workmens coll 119901 total Lossesand claims resisted Accident 1737500fidelity 182259 surety 2028896 burglary theft 145000 auto property damage 378963 total 4 Total losses and claims Accident 2850049 health 2 34970 fidelity 498554 surety 6760297 burglary and theft 262790 auto property damage lo0132 workmens coll 119901 total 16 Special reserve for unpaid liability losses 3 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 164160028 un earned premiums pro rata 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 12454420 un earned premiums pro rata 865822 22 49687 97 4161 00 73391 95 44726 18 122279 13 402365 16 524644 29 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policy ossued subse quent to October 1 1911 viz Accident and health 9 11255 liability 10136386 fidelity and surety 789385 burglary and theft 244922 total Salaries rents expenses taxes bills accounts fees etc due or accrued Dividends due stockholders 33 Other liabilities viz 34 Accident v 35 Surety 26 27 915510 19 120819 48 36764 62 20000 00 1532 83 200 00808 ComptrollerGenerals Report 30 Fidelity 700 00 Total 2432 83 42 Total amount of all liabilities except capital 1 620 171 41 43 Capital actually paid up in cash 750000 00 44 Surplus over all liabilities 45 Surplus as regards polieyholders 40 Total liabilities 74656 49 824656 49 2444827 90 Business in Georgia During Year Gross premiums received on risks written or renewed during the year Accident 39825 health 11651 liability 504663 fidelity 19333 surety 19377 burglary and theft 9000 property damage 76419 total 6802 68 Gross losses paid Accident 1650 health 15535 liability 14000 property damage 5550 total 373 35 AMERICAN SURETY COMPANY OF NEW YORK N Y P W Lafrentz President H B Zevely Secretary Home Office 100 Broadway New York City New York Marion M Jackson Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 2500000 00 2 Amount of ledger assets as per balance December 31 of previous year 8602373 00 Extended at 860o373 00 IIIncome 1 Gross premiums written and renewed during the year Fidelity 1211443439 surety 192168477 total 3126119 16 2 Deduct reinsurance fidelity 708617 surety 3514165 total 42227 82 3 Deduct return premiums on policies can celled Fidelity 14914768 surety 35379252 total 502 940 20CompteollebGenebals Repoet 809 4 Premiums on policies not taken 3599692 surety 4529633 total 81293 25 5 Deduct total deductions Fidelity 192 23077 surety 43423050 total 62646127 6 Net premiums Fidelity 101220362 surety 1487 45427 total 2499657 89 22 Gross interest on mortgage loans 8858 51 24 Gross interest on bonds and dividends on stocks less 145543 accrued interest on bonds acquired during 1911 153228 82 25 Gross interest on deposits in trust companies and banks 20628 50 26 Gross interest on overdue premiums 4141 28 Total gross interest 1827o7 24 29 Gross rents from companys property in eluding 42450 for companys oc cupancy of its own buildings 317434 20 30 Total gross interest and rents 500191 44 31 Increase in liability for reinsurance 3211 66 32 Checks of other parties in process of col lection December 31 1911 394203 checks of other parties in process of col lection December 31 1910 103962 2902 41 34 Premiums paid in advance December 31 1911 2289703 premiums paid in ad vance December 31 1910 1994720 2949 83 Total 90639 37 Gross profit on sale or maturity of ledger assets viz real estate 361 09 Bonds 18000 Stocks 13200 13741 19 Total x 3022654 32 39 Total income ITTDisbursements 1 Gross amount paid for losses Fidelity 29337798 surety 61767446 total 911052 44 91 282 04 2 Deduct reinsurance surety i6e 3 Deduct salvage 8455868 surety 170 53265 total 2091 33 4 Total Deduction Fidelity 8455868 07fi Q7 9 surety 19181469 total Z7bd7d 6i 810 ComptrollerGenerals Report 5 Net amount paid policyholders for losses Fidelity 208 81930 surety 425859 77 total 634679 07 17 Investigation and adjustment of claims viz Fidelity 1868498 surety 3214822 total 50833 20 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 8712767 surety 16151731 total 248644 98 28 Salaries fees and all other compensation of officers directors trustees and home office employees 32210613 29 Salaries traveling and all other expenses of agents not paid by commissions 704996 99 31 Inspections other than medical and claim 11582 08 32 Rents including 4245000 for companys occupancy of its own building 44950 00 33 Repairs and expenses other than taxes on real estate including rent of building leased for 99 years 198512 72 34 Taxes on real estate 74677 65 35 State taxes on premiums 37119 08 36 Insurance department licenses and fees 18090 38 37 All other licenses fees and taxes Federal corporation tax 683930 municipal taxes 492463 internal revenue taxes 364229 taxes on investments 189800 total 17304 22 42 Legal expenses 4115 11 43 Advertising 4071 17 44 Printing and stationery 24893 43 45 Postage telegraph telephone and express 23379 69 46 Furniture and fixtures 17620 32 47 Stockholders for interest or dividends 375000 00 48 Other disbursements Snecial services 96077 safety denosit rents 300000 reference and guide books 564 04 traveling exnonsos 957049 references 1 11263 law library 42880 petty exnenses 335123 stock registration 25000 insurance 3336 traveling auditors 317814 private wire service 1685068 surety association expenses 236895 Towner rating bureau 288000 total 44907 22 56 Total disbursements 2857484 10 IVLodger Assets 1 Rook value of real estate 3166047 91 2 Mortgage loans on real estate first liens 19525000 195250 00 4 Book value of bonds 263048760 and stocks 1449 46450 4079952 10 5 Cash in companys office and agencies 5275 00 6 Deposits in trust companies and banks not on interest 205288 84 7 Deposits in trust companies and banks on interest 657211 44ComptbollebGeneeals Beport 811 8 Premiums in course of collection viz On policies or renewals issued on or after Oc tober 1 1911 Fidelity 7360500 surety 20360309 total 27720809 On policies or renewals issued prior to Oc tober 1 1911 Fidelity 759144 surety 17371840 total 181309 84 Total 30 Ledger assets 458 517 93 3767543 22 NonLedger Assets 31 Interest accrued 172085 on mortgages 32 Interest accrued 3175624 on bonds 35 Interest accrued 141770 on other assets Bank deposits Banco Central Mexicano Mexico City Mexico 82603 The Mol sons Bank Montreal Canada 15000 Banco de Tamaulipas Tuxpam Mexico 25000 First Natl Bank Albuquerque New Mexico 6667 Banco de Jalisco Jalisco Mexico 12500 total 37 Rents due 888392 and accrued 123334 on companys property lease 1720 85 31756 24 1417 70 10117 26 Total 43 Gross assets 45012 05 8812555 27 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 52 Stocks and bonds 181309 84 238613 60 Total 56 Admitted assets 419923 44 8392631 83 VLiabilities 1 Losses and claims reported or in proeess of adjustment Fidelity 23768870 surety 34852655 total 2 Losses and claims resisted Fidelity 4190953 surety 7865836 total 3 Total losses and claims Fidelity 279598 23 surety 42718491 total 4 Deduct reinsurance Surety 586215 25 120567 89 706783 14 7917 60812 COMPTROLLERGENERATES REPORT 5 Net unpaid claims except liability claims Fidelity 279 59823 surety 41926731 total 698865 54 6 Estimated expenses of investigation and adjustment of unpaid claims Fidelity 1500000 surety 1500000 total 30000 00 7 Total losses and claims Fidelity 29459823 surety 43426731 total 728865 54 21 Gross premiums upon all unexpired risks running one year or less from date of policy 256362638 unearned prem iums fifty per cent 1281813 19 22 Gross premiums upon all unexpired risks running more than one year from date of policy 31419566 unearned premiums pro rata 17222412 172224 12 23 Total unearned premiums as shown by recapitulation 1454037 31 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Fidelity 757500 surety 1518881 total 22763 81 29 Salaries rents expenses bills accounts fees etc due or accrued 12500 00 30 Estimated amount hereafter payable tor federal state and other taxes based upon the business of the year of this statement 39908 98 35 Reinsurance 3211 66 36 Advance premiums 22897 03 37 Other liabilities viz Reserve for contingent expenses 3000000 checks of other parties in process of col lection 3942 03 33942 03 46 Total amount of all liabilities except capital 2318126 36 47 Capital actually paid up in cash 2500000 00 48 Surplus over all liabilit ies 3574505 47 49 Surplus as regards policyholdi re 6074505 47 50 Total liabilities 8392 631 83 Business in The State of Georgia During Year Gross premiums less return premium on risks written or re newed during the year Fidelity 794013 surety 873286 total i6672 99 Gross losses paid Fidelity 2718796 salvage 19656 total 26991 40ComptrollerGenerals Report 813 ATLANTIC HORSE INSURANCE COMPANY OF PROVIDENCE R I William E Tefft President Gaius W Hubbard Secretary Home Office 74 Weybosset St Providence R I H G Carnes Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 110000 00 2 Amount of ledger assets as per balance December 31st of previous year 150498 72 Extended at IIIncome 1 Gross premiums unpaid December 31 last year Livestock 2 Gross premiums written and renewed during the year Live stock 3 Total Livestock 4 Deduct gross premiums now in course of collection Live stock 5 Entire premiums collected during the year Livestock 6 Deduct reinsurance return premiums and cancellations Livestock 7 Net Premiums Livestock 19 Policy fees required or represented by applications 20 Interest on mortgage loans 21 Interest on collateral loans 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources 25 Gross rents from companys property 644 00 68 80 3730 09 220 06 1118 71 191 52 26 Tofal interest and rents 28 Property on sale of Bonds 33 From agents balances previously charged off 17467 84 85362 16 102830 00 23199 47 51373 46 29896 42 49734 11 56 25 5973 18 285 50 6 00 38 Total income 56055 04 IIIDisbursements 1 Gross amount paid for losses Livestock 14 Commissions or brokerage less amount received on return premiums and reinsurance 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 18256 54 12386 80 7675 09814 ComptrollerGenerals Report 21 Salaries traveling and all other expenses of agents not paid by commissions 24 Rents 25 Repairs and expenses other than taxes on real estate 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 Losses on sale or maturity of ledger assets Veterinary service 310833 medicines 19627 appraisal real estate 500 46 Total disbursements IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate 3 Loans secured by pledge of bonds stocks or other col laterals 4 Book value of bonds excluding interest 7620125 and book value of stocks 32119 58 5 Cash in companys office 117530 deposited in banks 788811 total i Kills receivable 7 Other ledger assets viz records formulas etc 2251 03 532 00 314 09 2093 20 406 31 320 50 1319 60 1047 50 S24 63 3309 60 50736 89 2162 63 12200 00 650 00 108300 83 9063 11 10 00 23400 00 11 jedger assets 155816 S7 NonLedger Assets 12 Interest accrued 550 on mortgages 5 50 13 Interest due 40000 and accrued 99992 on bonds 1399 92 14 Interest accrued 401 on collateral loans 1 01 Total 17 Market value of real estate over book value Is Markel value of bonds and stocks over book value 1 Iross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Livestock 22420 09 u policies or renewals issued prior to Oc tober 1 1911 Livestock 779 s Total 37 Iross assets 1409 43 337 37 12572 67 23199 4 7 193335 81i ComptrollerGeneral s Report 815 Deduct Assets Not Admitted 39 Bills receivable 40 00 43 Gross premiums in course of collection writ ten prior to October 1 1911 79 38 45 Overdue and accrued interest on bonds in default 183 33 1002 71 I otal 51 Admitted assets 192333 10 VLiabilities 1 Losses and claims adjusted Livestock 5lSi 00 2 Losses and claims in process of adjustment Livestock 3570 3 Losses and claims resisted Livestock 4 Total losses and claims Livestock 9 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 5584319 un earned premiums 50 per cent 27921 60 21 Total unearned premiums as Shown by recapitulation 27921 60 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 viz Livestock 4484 00 34 Estimated amount hereafter payable for state taxes etc 10 42 Total amount of all liabilities except Capital 425o9 60 43 Capital actually paid up in cash 110000 00 44 Surplus over all liabilities 39773 50 45 Surplus as regards policyholders 149773 5 192333 10 46 Total liabilities Business in State of Georgia During Year Gross premiums received on risks written or renewed during r 1 47b 1H the year Livestock 343 24 Gross losses paid Livestock 816 ComptrollerGenerals Report COLUMBIA LIFE INSURANCE COMPANY OF CINCINNATI OHIO Felix G Cross President B M Cross Secretary Home Office EawSon Building Fourth and Elm Sts Cincinnati Ohio ICapital Stock 1 Amount of capital paid up in cash 181439 48 2 Amount of ledger assets as per balance December 31 of previous year 623953 10 Extended at 623953 10 IIIncome 1 dross premiums written and renewed during the year Ac cident and health 2 Deduct reinsurance return premiums and cancellations Ac cident and health 3 Net premiums 19 Policy fees required or represented by applications 20 Interest on mortgage loans 10722 19 21 Interest on collateral loans 1330 07 22 Interest on bonds and dividends on stock 0412 58 23 Interest on deposit 2 162 87 24 Interest from all other sources 3733 01 26 Total interesi and rents 33 Income life business 145029 96 34 Premiums in advance 873 92 Total 1 Cross amount paid for losses Accident 8360 60 health 371402 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 1002102 18 Policy fees retained by agents 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 24 Rents 35855 51 633 64 35221 87 8964 90 30367 92 146503 88 38 Total income 221058 57 ITTDisbursements 12075 22 10020 62 8961 90 3435 33 311 27 7 00 300 00ComptrollerGenerals Report 817 30 Printing and stationery 31 Postage and express 33 Loss on sale or maturity of ledger assets 34 Investigation and adjustment of claims 35 Agents balances charged off 20 11 139 60 Total 37 All other disbursements 38 Disbursements life business 39 Sundry expense 40 Branch office 105868 18 134 54 1634 67 Total IVLedger Assets 2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other collaterals 4 Book value of bonds excluding interest 5 Cash in companys office 59236 deposited in banks 41589 22 6 Bills receivable 8 Agents balances 1093900 less crs 3333 net 9 Commuted premiums loans in Policy loans 4561812 furniture and fixtures 200000 11 Lodger assets NonLedger Assets 12 Interest due 2659 70 and accrued 5 32723 on mortgages 13 Interest accrued 115277 on bonds 14 Interest accrued 61392 on collateral loans 15 Interest due 242 and accrued 1007484 on other assets 7986 93 1152 77 613 92 10077 26 Total 35 Net unpaid and deferred premiums life business 37 Gross assets Deduct Assets Not Admitted 39 Bills receivable 40 Furniture and fixtures 45 Agents balances 46 Book value of bonds over market value 895 95 353 84 159 71 107637 39 46 Total disbursements 144158 23 371847 50 54415 00 136209 61 42181 58 1058 52 10905 67 45617 44 47618 12 700853 44 19830 88 26671 33 747355 65 1058 52 2000 00 10939 00 2149 01 51 Admitted assets 731209 12818 ComptrollerGenerals Eeport VLiabilities 1 Losses and claims in process of adjustment Accident 63589 health 54315 total 1179 04 2 Losses and claims resisted Accident 800 00 3 Total losses and claims Accident 1435 89 health 54315 total 1979 04 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1 04129 unearned premiums 50 per cent 520 65 32 Advance premiums 873 92 34 Dividends declared and unpaid to policyholders 151 83 35 Liabilities life business 593 807 49 42 Total amount of all liabilities except capital 527332 93 43 Capital actually paid up in cash 181439 48 44 Surplus over all liabilities 22436 71 45 Surplus as regards policyholders 203876 IB 46 Total liabilities 731209 12 Business in State of Georgia During Year Gross premiums received on risks written or renewed during year Accident 24255 Gross losses paid Accident 130 09 CONTINENTAL CASUALTY COMPANY CF HAMMOND INDIANA H G B Alexander President Wm II Betts Secretary Home Office Hammond Indiana General Office Chicago ill William A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 300000 00 2 Amount of ledger assets as per balance December 31 of previous year 2239164 57 Extended at 2239164 57 ITIncome 1 Gross premiums written and renewed during the year Ac cident 2852392 51 health 75480148 total 3667193 99 2 Deduct reinsurance return premiums and cancellations Accident 56451153 health 11558777 total 680099 30 3 Net premiums Accident 228788098 health 639 21371 total 2927094 69ComptrollerGenerals Report 819 19 Policy fees required or represented by applications 20 Interest on mortgage loans 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources bills receivable 25 Gross rents from companys property 135504 96 26 Total interest and rents 33 Agents balances previously charged off 35 Book value bonds increased by adjustment 33562 56 23909 92 1205 82 38 49 3001 00 61717 79 2908 42 360 97 38 Total income 3127586 83 IIIDisbursements 1 Gross amount paid for losses Accident health 29292525 total 2 Deduct salvage and reinsurance Accident 371613 68 3 Net amount paid policyholders for losses Accident 956 16603 health 29292525 total 4 Investigation and adjustment of claims Accident 14 29842 health 382760 total 1264538 93 15447 65 1249091 28 18126 02 5 Totals Accident 97046445 health 29675285 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 52673348 health 10076014 total 18 Policy fees retained by agents 19 Stockholders for interest or dividends 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees Salaries traveling and all other expenses of agents not paid by commissions 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 33 Loss on sale of bonds 19652 84 35 Decrease by adjustment in book value 21 22 1267217 30 627493 62 135504 96 60000 00 312181 42 405643 72 14018 64 45632 31 256 49 74025 38 41626 36 23818 33 34939 50 30967 37 bonds 58 69 Total 19711 53820 ComptrollerGeneral s Report 37 All other disbursements General expenses 3156168 bank exchange 200269 agents balances charged off 1106804 total 44632 41 46 Total disbursements 3 137 669 34 IVLedger Assets 1 Book value of real estate 54 147 41 2 Mortgage loans on real estate first liens 691950 00 3 Loans secured by pledge of bonds stocks or other col laterals 65000 00 4 Book value of bonds excluding interest 28831063 and book value of stocks 15115000 439460 63 5 Cash in companys office 200000 deposited in banks 8962093 91620 93 6 Bills receivable 7874 97 7 Agents balances 96554 64 8 Furniture and fixtures 73499 50 9 Cash in hands of P Ms and treas in transit 140430 52 10 Premiums in course of collection 568543 46 11 Ledger assets 2229082 06 NonLedger Assets 12 Interest accrued 1002450 on mortgages 10024 50 13 Interest accrued 555817 on bonds 5558 17 14 Interest accrued 130000 on collateral loans 1300 00 Total 16882 67 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 1911 Accident 529 78319 health 3876027 total 568543 46 37 Gross assets 2250692 32 Deduct Assets Not Admitted 38 Agents balances 96554 64 39 Bills receivable 7 874 97 40 Furniture and fixtures 73 499 50 44 Value of ledger assets over market value viz Book value bonds 28831063 book value stocks 15115000 439 460 63CqmptkolleeGen erals Report 821 Market value bonds 27620544 market value stocks 15392500 430130 44 9330 19 51 Admitted assets 2063433 02 VLiabilities 1 Losses and claims in process of adjustment and reported proofs not received Accident 16937423 health 1196008 total 2 Losses and claims resisted Accident 5565000 health 267500 total 3 Total losses and claims Accident 22502423 health 1463508 total 14 Deduct reinsurance 15 Net unpaid claims except liability claims ie Estimated expense of adjustment of unpaid claims 18 Total unpaid claims and expenses of settlement 19 Gross premiums less reinsurance upon all unexpred risks running one year or less from date of policy 1433 94936 unearned premiums 50 per cent 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 via Accident 8489017 health 862930 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 31 Reinsurance 32 Advance premiums 33 Other liabilities viz Contingent reserve 35 Estimated of taxes for State and other taxes to become due 181334 31 58325 00 239659 31 2650 00 237009 31 1000 00 238009 31 716974 68 716974 68 93517 47 12568 80 2978 03 1188 43 220000 00 30000 00 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 44 Surplus over all liabilities 1315236 72 448196 30 45 Surplus as regards policyholders 46 Total liabilities 748196 30 2063433 02822 ComptrollerGenerals Eeport Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Accident 2914655 health 1286314 total Gross losses paid Accident 1808387 health 1138463 42009 69 29468 50 EMPIRE STATE SURETY CO OF NEW YORK CITY N Y Wm M Tomlins Jr President Chas I Brooks Secretary Home Office 84 William St New York City N Y John H Mullins 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 1519664 94 Extended at 1519664 94 86177 83 IIIncome 1 Gross premiums written and renewed during the year Ac cident 555650 health 299822 liability 23 61206 fidelity 14888015 surety 46861794 plate glass 12142 burglary and theft 16077876 work men s collective 9049 total 2 Deduct reinsurance Accident 571454 health 325928 liability 989184 fidelity 1292221 surety 3912235 plate glass 43527 burglary and theft 1483234 total 3 Deduct return premiums on policies can celled Accident 268859 health 92131 liability 7242 14 fidelity 7 82921 surety 1017822 plate glass 51045 burglary and theft 752493 sprinkler 945 total 4 Deduct premiums on policies not taken Accident 456714 health 222368 liability 1455762 fidelity 1790612 surety 9002138 plate glass 128043 steam boiler 4500 burglary and theft 3767007 workmens collective 7200 total 168343 44 36904 30 5 Total deductions Accident 1297027 health 640427 liability 3169160 fidelity 3865754 surety 139 810655 54ComptrollerGenerals Report 823 32195 plate glass 222615 steam boiler 4500 burglary and theft 6002734 sprinkler 945 work men s collective 7200 total 291425 57 6 Net premiums Accident 741377 health 340605 liability 807954 11022261 surety 32929599 plate glass 210473 steam boiler 4500 burglary and theft 10075142 sprinkler 945 workmens col lective 1849 total 519229 97 22 Gross interest on mortgage loans 12220 64 24 Gross interest on bonds and dividends on stocks less 2872 accrued interest on bonds acquired during 1911 28546 28 25 Gross interest on deposits in trust com panies and banks 262 55 27 Collateral deposits 15609 notes etc 92848 total 1084 57 29 Gross rents from companys property 728 60 30 Total gross interest and rents 42842 64 t 85000 UU 32 Borrowed money 37 Gross profit on sale or maturity of ledger assets viz Bonds lbJ 647235 11 39 Total income IIIDisbursements 1 Gross amount paid for losses Accident 776930 health 5 49892 liability 6360643 fidelity 5107426 surety 18946764 plate glass 913015 burglary and theft 4945491 workmens collective 12460 total 376126 21 2 Deduct reinsurance Accident 40000 burglary and theft 902948 total 942948 3 Deduct salvage Liability 10000 fidelity 2176079 surety 4249317 plate glass 10074 burglary and theft 29838 total 64753 08 4 Total deduction Accident 40000 liability 10000 fidelity 2176079 surety 4249317 plate glass 10074 burglary and theft 932786 total 74182 6 5 Net amount paid polieyholders for losses Accident 7369 30 health 549892 liability 6350643 fidelity 2931347 surety 146974 47 plate glass 9 099 41 burglary and theft 4012705 workmens collective 12460 total 301943 65 17 Investigation and adistment of claims viz Accident 104491 health 54910 liability 3708525 fidelity824 ComptbollebGteneeals Repobt 1078464 surety 3546174 plate glass 71324 burglary and theft 496305 sprinkler 27220 total 90874 13 24 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 317704 health 198465 liability 17 11326 fidelity 2796454 surety 8073563 plate glass 30306 steam boiler 4507 burglary and theft 3185903 sprinkler 142 total 162574 74 28 Salaries fees and all other compensation of officers direc tors trustees and home office employes 81 30 6 29 Salaries traveling and all other expenses of agents not paid by commissions gj 992 g7 31 Inspections other than medical and claim 633 18 32 Eents 9099 95 33 Repairs and expenses other than taxes on real estate 535 25 34 Taxes on real estate 413 14 35 State taxes on premiums 13 110 11 36 Insurance department licenses and fees 6 057 21 39 Borrowed money g5000 qQ 42 Legal expenses L 937 5g 43 Advertising 531 g8 44 Printing and stationery 62 45 Postage and express 342401 telegraph and telephone 398306 total 7 40 17 46 Furniture and fixtures 1n n 48 Other disbursements Bradstreel s Duns 178450 ex aminations 379511 service bureau 100000 dues to associations 168614 rating bureau 91663 miscel laneous 596293 bonds executed 123570 16381 01 52 Profits and loss 30 ln 53 Agents balances charged off 723 07 54 Gross loss on sale or maturtiy of ledger assets viz Real estate 35000 bonds 1761000 17960 00 56 Total disbursements t 331 740 70 IVLedger Assets 1 Hook value of real estate 86 621 00 2 Mortgage loans on real estate first liens 23065470 other than first 205169 232706 39 4 Book value of bonds 5201 1719 and stocks 178 03750 698154 99 5 Cash in companys office 9935 17 6 Deposits in trust companies and banks not on interest 27S21 71 7 Deposits in trust companies and bunks on interest 21640 61 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Liability 4807 Fidelity 1320145 surety 7094219 burglary and theft 2052295 totals 110714 66I ComptkolleeGeneeals Eepoet 825 On policies or renewals issued prior to Oc tober 1 1911 Accident 44820 liability 972583 fidelity 491374 surety 76 86563 burglary and theft 130637 workmens collective 9943 total 93359 20 24 Total 204073 86 25 Bills receivable 1250271 accounts receivable 220411 14706 82 26 Other ledgerassets viz Agents balances 1812892 adv to spec agts and adjusters 107317 sundry ledger accts 1740220 accrued interest paid 1750 cash in suspended banks 287701 total 39498 80 30 Ledger assets 1335159 35 NonLedger Assets 31 Interest due 193864 and accrued 2 77450 on mortgages 4713 14 32 Interest accrued 474247 on bonds 4742 47 37 Bents 804 33 Total 1025994 40 Other nonledger assets viz cash payment due on account of Ames College contract 329351 cash payment due on account LeGrand Freel contract 310751 cash pay ment due on account of marsh bridge contract 3 16060 total 9561 62 43 Gross assets 1354980 91 Deduct Assets Not Admitted 45 Bills receivable 1250271 accounts receivable 145991 139G2 62 49 Premiums in course of collection written prior to October 1 1911 93359 20 50 Overdue and accrued interest on bonds in default mortgages other than first 2051 69 51 Book value of ledger assets over market value viz Stocks 3070750 bonds 2804749 real estate 168189 agts balances 1812892 adv to adj and spec agts 107317 sundry ledger accts 1740220 total 97041 17 Total 3064U 68 56 Admitted assets 1148566 23622881 80332 17 89340 43 826 CompteollebGeneeals Eepoet VLiabilities 1 Losses and claims adjusted Accident 110000 fidelity 34407 surety 378400 plate glass 4437 burglary and theft 95638 total 2 Losses and claims reported or in process of adjustment Fidelity 3366192 Surety 4047682 burglary and theft 619343 total 3 Losses and claims resisted Accident 281280 health 50714 fidelity 1543180 surety 6758869 burg lary and theft 250000 sprinkler 50000 total 4 Total losses and claims Accident 391280 health 50714 fidelity 4943779 surety 11184951 plate glass 4437 burglary and theft 964981 sprinkler 50000 total 5 Deduct reinsurance Accident 100000 health 25000 surety 750000 burglary and theft 45746 total 6 Net unpaid claims except liability claims Accident 2 91280 health 25714 fidelity 4943779 surety 10434951 plate glass 4437 burglary and theft 919235 sprinkler 50000 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 48504867 un earned premiums fifty per cent 242524 34 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 10767975 unearned premiums pro rata 55363 19 23 Total unearned premiums as shown by recapitulation 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Liability 1250 fidelity 340597 surety 1709707 burglary and theft 875257 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement Due and to become due for borrowed money 35 Reinsurance and company insurance 46 Total amount of all liabilities except capital 600729 95 175901 42 9207 46 166693 96 61825 00 228 518 96 297887 53 29268 11 2450 33 6000 00 30000 00 6605 02ComptrollerGenerals Eeport 827 47 Capital actually paid up in cash 500000 00 48 Surplus over all liabilities 47836 28 49 Surplus as regards policyholders 547836 28 50 Total liabilities 1148566 23 Business in Georgia During Year Gross premiums less return premium on risks written or re newed during the year Accident 43528 health 30066 liability 163619 fidelity 78257 surety 79799 plate glass 1705 burglary and theft 9208 totals 402772 Gross losses paid Accident 49720 health 14586 liability 152000 burglary and theft 4750 total 2210 56 THE EMPLOYERS INDEMNITY COMPANY OF PHILADELPHIA PA Frank E Tobey President Trevanion B Dallas Secretary Home Office West End Trust Bldg Broad and South Penn Square Philadelphia Pennsylvania William A Little Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balances December 31 of previous year 541482 74 Extended at 541482 U IIIncome 1 Gross premiums unpaid Dec 31 last year Liability 156864 62 2 Gross premiums written and renewed during the year T 935176 70 Liability 3 Total Liability 109204132 4 Deduct gross premiums now in course of collection i 226387 20 Liability 5 Entire premiums collected during the year Liability 865654 12 6 Deduct reinsurance return premiums and cancellations Liabilities 305457 16 7 Net premiums 560196 96828 CompteolleeGenebals Kepobt 20 Interest on mortgage loans 4 462 72 22 Interest on bonds and dividends on stock 19551 91 23 Interest on deposit 372 20 Total 24386 83 24 Amount expended in settlement of claims 66467 less amount received in settle ment of claims 30003 364 64 26 Total interest and rents 33 Increase by adjustment in book value of bonds 38 Total income 24022 19 1345 32 585564 47 IIIDisbursements 1 Gross amount paid for losses Liability 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Liability 19 Stockholders for interest or dividends 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 22 Medical examiners fees and salaries 23 Inspections other than medical 24 Rents including 579350 for companys occupancy of its own buildings 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising printing and stationery 81 Postage and express general expense 32 Furniture and fixtures 38 Traveling expenses 39 Gross decrease by adjustment in Look value of bonds 261338 82 107745 56 8000 00 55185 25 1212 38 473 35 5793 50 7910 05 4924f 49 2502 54 13071 71 1757 68 10184 63 400 47 46 Total disbursements 504 83 43 IV Ledger Assets 2 Mortgage loans on real estate first liens 4 Book value of bonds excluding interest 39721873 and book value of stocks 4097575 5 Cash in companys office 254522 deposited in hanks 3269762 6 Bills receivable 8 Commissions receivable 1277110 10 438194 48 35242 84 655 38 431 08 11 Ledger assets io 903 78ComptrollerGenerals Report 829 NonLedger Assets 12 Interest due 20310 and accrued 1 42896 on mortgages 1632 06 13 Interest due 157500 and accrued 5 60841 on bonds 7183 41 15 Interest accrued 40703 on other assets 407 03 m 9222 50 Total 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Liability 169110 92 On policies or renewals issued prior to Oc tober 1 1911 Liability 57276 28 226387 20 33 Total I 4743 49 35 Furniture and fixtures V 842576 97 37 Gross assets Deduct Assets Not Admitted 655 38 39 Bills receivable 40 Furniture and fixtures 43 Gross premiums in course of collection writ ten prior to October 1 1911 57276 28 44 Book value of ledger assets over market 8638 2o value 71313 38 Total 771263 59 51 Admitted assets VLiabilities 16 Special reserve for unpaid liability losses and claims 197412 64 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 49603200 un earned premiums 50 per cent 248016 00 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 10458191 J rw 47 48 unearned premiums pro rata 21 Total unearned premiums as shown by recapitulation 3054 48 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 viz Liability 38719 66 26 Salaries rents expenses taxes bills accounts fees due 8ol8 31830 CoMPTROLLERGtENERALs EePORT 30 Return premiums j qq4 gg 32 Advance premiums 26 9 42 Total amount of all liabilities except capital 552054 98 43 Capital actually paid up in cash 100000 00 44 Surplus over all liabilities 119208 61 45 Surplus as regards policyholders 219 208 61 46 Total liabilities 772 og3 59 Business in Georgia During Year Gross premiums received on risks written or renewed during year Liability 4273 67 Gross losses paid Liability 3 544 9 UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY ASSURANCE CORPORATION LTD OF LONDON ENGLAND Home Office in United States 33 Broad Street Boston Mass United States Manager Samuel Appleton B M Grant Co Attorneys for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31 of previous year 5648792 37 Extended at 5648792 37 IIIncome 1 Gross premiums written and renewed during the year Ac cident 30888383 health 10345272 liability 4 75877735 fidelity 11542548 steam boiler 14 68872 burglary and theft 12181597 auto property damage 49679635 workmens collective 9528761 total 6015128 03 2 Deduct reinsurance accident 40300 health 8400 liability 36397 fidelity 40312 burglar and theft 134200 total 3 Deduct return preimums on policies can celled Accident 2072999 health 895422 liability 536078 51 fidelity 2501336 steam boiler 114482 burg 2596 09ComptrollerGenerals Report 831 lary and theft 886793 auto property damage 8088215 workmens collec tive 1545415 total 697125 13 4 Premiums on policies not taken Accident 2333241 health 1288222 liability 24094972 fidelity 424852 steam boiler 133088 burglary andi theft 831997 auto property damage 61 00348 workmens collective 260109 total 364J6W 29 5 Total deductions Accident 4446540 health 2192044 liability 777392 20 fidelity 2966500 steam boiler 247570 burglary and theft 1852990 auto property damage 14188563 workmens collective 1805524 totals 105389 51 6 Net premiums Accident 26441843 health 8153228 liability 398138515 fidelity 8576048 steam boiler 1221302 burglary and theft 10328607 auto property damage 35491072 workmens collective 7723237 total 4960738 52 24 Gross interest on bonds and dividends on stocks less 4 23221 accrued interest on bonds acquired during 1911 184355 93 25 Gross interest on deposits in trust companies and banks 209 97 27 Received on agency bank accounts 46730 received on cash held by trustees 99295 1460 25 36 From agents balances previously charged off 38 63 38 Gross increase by adjustment in book value of ledger assets viz Bonds 32806 25 5179609 55 39 Total income v IIIDisbursements 1 Gross amount paid for losses Accident 13732430 health 3885197 liability 171132888 fidelity 5617952 steam boiler 91420 burglary and theft 2347935 auto property damage 13455280 work mens collective 3066527 total 2133296 29 2 Deduct reinsurance Accident 3 Deduct salvage Fidelity 10686 29 4 Total deductions Accident 50000 fidelity 1068629 11186 29 5 Net amount paid policyholders for losses Accident 136 82430 health 3885197 liability 171132888 fidelity 4549323 steam boiler 91420 burglary and theft 2347935 auto property damage 134552 80 workmens collective 3066527 total 2122110 0032 ComptrollerGenerals Report 17 Investigation and adjustment of claims viz Accident 453024 health 63003 liability 38129481 fidelity 195552 burglary and theft 09493 auto property damage 1154505 workmens collective 40614 401057 32 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 9473756 health 2832421 liability 1 02558807 fidelity 1764455 steam boiler 390794 burglary and theft 2907368 automobile property damage 9332273 workmens collective 1667275 1309271 49 28 Salaries fees and all other compensation of officers direc tors trustees and home office employees 102994 00 29 Salaries traveling and all other expenses of agents not paid by commissions 39559 72 30 Medical examiners fees and salaries 124 00 31 Inspections other than medical and claim 50415 72 32 Eents 30304 52 35 State taxes on premiums 77 278 06 36 Insurance department licenses and fees 7 289 48 37 All other licenses fees and taxes Federal corporation tax 564202 county and municipal taxes and fees 1 57361 publication of statement 71435 miscellane ous 19584 total 8125 82 42 Legal expenses 4858 13 43 Advertising 9944 89 44 Printing and stationery and supplies 38579 88 45 Postage telegraph telephone and express 29156 11 46 Furniture and fixtures 5924 88 47 Remitted to head office 565883 46 48 Other disbursements Investment expenses 86075 miscel laneous expenses 938227 10243 02 53 Agents balances charged off 1697 51 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 17064 37 56 Total disbursements 4831882 38 IVLedger Assets 4 Book value of bonds 4984702 50 5 Cash in company s office 2422 58 6 Deposits in trust companies and banks not on interest 877 42 7 Deposits in trust companies and banks on interest 1184 45 ash deposited with trustees with Kidder Peabody Co on interest 36392 29 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 4589684 health 1592339 liability 75870292 fidelity 1405005 steam boiler 2ComptrollerGenerals Report 833 81001 burglary and theft 2154342 automobile property damage 6275692 workmens collective 1498672 total 936670 27 On policies or renewals issued prior to Oc tober 1 1911 Accident 111603 health 69225 liability 2877078 fidelity 5282 burglary and theft 10418 automobile property damage 58614 workmens collective 294783 total 34270 03 970940 30 24 Total 5996519 54 30 Ledger assets wm Bi t 7 I i iiirnivriicff1 ujLLixJii Noiedger Assets 65412 06 32 Interest on bonds 6061931 60 43 Gross assets Deduct Assets Not Admitted 49 Premiums in course of collection written prior to Oct 1 1911 6027661 57 56 Admitted assets VLiabilities 1 Losses and claims reported or in process of adjustment Accident 4602800 health 1011300 fidelity 7 58000 burglary and theft 630300 auto prop dam age 2588300 workmens coll 1064800 total 106555 00 2 Losses and claims resisted Accident 1639700 fidelity 2194000 burglary and theft 475000 auto prop damage 249300 workmens coll 5000 total 45630 00 3 Total losses and claims Accident 6242500 health 10 113 00 fidelity 2952000 burglary and theft 11 05300 auto prop damage 2837600 workmens coll 1069800 total 4 Net unpaid claims except liability claims Accident 62 42500 health 1011300 fidelity 2952000 burglary and theft 1105300 auto property damage 2837600 workmens coll 1069800 total 1818000 5 Estimated expenses of investigation and adjustment of unpaid claims Accident 328500 health 53200 fidelity 155000 burglary and theft 58200 auto834 Comptroller General s Report prop damage 149400 workmens coll 56200 total 8005 00 6 Total losses and claims Accident 6571000 health 10 64500 fidelity 3107000 burglary and theft 11 63500 auto prop damage 2987000 workmens coll 1126000 total 16019000 37 Special reserve for unpaid liability losses 1508 191 00 20 Total unpaid claims and expenses of settlement 1668381 00 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 393660740 un earned premiums 50 per cent 196830370 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 49187910 unearned premiums pro rata 253 298 51 23 Total unearned premiums as shown by recapitulation 2221602 21 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 1745029 health 564682 liability 22238771 fidelity 3 87712 steam boiler 83539 burglary and theft 7 31771 automobile property damage 1860969 work men s collective 328605 total 279 410 78 29 Salaries rents expenses bills accounts fees etc due or accrued 40000 00 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 60000 00 46 Total amount of all liabilities except capital 4269393 99 47 Statutory deposit 250000 00 48 Surplus1 over all liabilities 1508267 58 49 Surplus as regards policyholders i 758 267 58 50 Total liabilities 6027661 57 Business in Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Accident 405443 health 2 18128 liability 1322773 fidelity 676278 burglary and theft 30808 automobile property damage 4 39120 total 3935 5ComptrollerGenerals Report 835 Gross losses paid Accident 247986 health 231167 liability 1457968 fidelity 634202 burglary and theft 8740 automobile property damage 406485 total 29865 48 EQUITABLE CASUALTY COMPANY OF ATLANTA GEORGIA John S Candler President A Moore Secretary Home Office 326329 Gaudier Bldg Atlanta Ga ICapital Stock 1 Amount of capital paid up in cash H0700 00 2 Amount of ledger assets as per balance December 31 of previous year 135641 73 3 Increase of paid up capital during the year 138541 73 Extended at IIIncome 1 Gross premiums unpaid December31 last year Accident 1894 99 health 154299 liability 318711 plate glass 47122 steam boiler 14500 burglary and theft 35996 industrial 9578 total wl 2 Gross premiums written and renewed during the year Ac cident 1079137 health 872650 liability 20 843 54 plate glass 475123 steam boiler 33250 J burglary and theft 291434 sprinkler 44750 auto property damage 713201 industrial 617372 total 3 Total Accident 1268636 health 1026949 liability 4 030 65 plate glass 522245 steam boiler 477 50 Burglary and theft 327430 sprinkler 44750 auto property damage 711201 industnal 626950 total 4 Deduct gross premiums now in course of collection Acci dent 203307 health 182513 liability 371049 plate glass 52103 steam boiler 3000 burglary and theft 34607 auto property damage 154343 nidus trial 9310 total 5 Entire premiums collected during the year Accident 10 65329 health 844436 liability 2031416 plate glass 470082 Steam boiler 44750 burglary and theft 292823 sprinkler 44750 auto property damage 558858 industrial 617640 total 59700 84 836 ComptbollerGenebals Eeport 6 Deduct reinsurance return premiums and cancellations Accident 423681 health 346870 liability 467606 plate glass 84405 steam boiler 15875 burglary and theft 79726 auto property damage 209661 total 7 Net premiums Accident 641648 health 497566 liability 1563810 plate glass 385677 steam boiler 28875 burglary and theft 213097 sprinkler 44750 auto property damage 349197 industrial 617640 total 20 Interest on mortgage loans 35 00 22 Interest on bonds and dividends on stock 4 443 28 24 Interest from all other sources 813 93 26 Total interest and rents 28 Surplus on sale of stock 33 Gross profit on sale of bonds 38 Total income IIIDisbursements 1 Gross amount paid for losses Accident 788217 health 413926 liability 215880 plato glass 168258 burglary and theft 113209 auto property damage 120647 total 2 Deduct salvage and reinsurance Accident 4660 health 26436 auto property damage 50 total 3 Net amount paid policyholders for losses Accident 7 38557 health 387490 liability 215880 plate glass 168258 burglary and theft 113209 auto property damage 120597 total 4 Investigation and adjustment of claims Accident 9086 liability 30689 burglary and theft 25100 total 5 Total Accident 792611 health 387490 liability 246569 plate glass 168258 burglary and theft 115709 auto property damage 120597 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 200543 health 159237 liability 3 47258 plate glass 120510 steam boiler 6212 burglary and theft 60979 sprinkler 11187 indus trial 126578 auto property damage 94721 total 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 23 Inspections other than medical 16278 24 43422 60 5292 21 1274 00 168 00 50156 81 IN201 37 311 46 17889 91 422 75 is 12 06 11272 21 12297 65 3397 54 51 00 140 95 ComptrollerGenerals Report 24 Rents 27 All other taxes licenses and insurance department tees 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 34 Decrease by adjustment in Book value of bonds 37 All other disbursements Telegraph and telephone 1980 exchange 4410 sundry expenses and office supplies 49741 total 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 5 Cash in companys office 19729 deposited m banks 603651 i Bills receivable S Secured notes 11 Ledger Assets NonLedger Assets 13 Interest due 194250 and accrued 3334 on b01lds 749 63 15 Interest on other assets Total 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Accident 102208 health 86459 liability 334252 plate glass 35322 steam boiler 3000 burglary and theft 34607 auto prop erty damage 139381 total On policies or renewals issued prior to Oc tober 1 Hill Accident 101099 health 96054 liability 37397 plate glass 16841 auto property damage 14962 industrial 9310 total 33 Total 35 Furniture and fixtures 36 Printing and Stationery i 37 Gross assets 837 1353 34 1481 12 3124 90 1736 98 435 09 279 00 168 00 739 31 54789 79 113887 95 6233 80 117 00 13670 00 133908 75 725 il 10118 92 1405 15 4930 50 153138 79 838 ComptrollerGenerals Report Deduct Assets Not Admitted 39 Bills receivable 40 Furniture and fixtures 41 Supplies printed matter and stationery 43 Gross premiums in course of collection writ ten prior to October 1 1911 117 00 1465 15 4930 50 2756 63 Total 51 Admitted assets VLiabilities 1 Losses and claims in process of adjustment Accident 63600 health 59703 plate glass 20745 burg lary and theft 30000 auto property damage 38154 total g 2 Deduct reinsurance 3 Net unpaid claims except liability claims 16 Special reserve for unpaid liability losses 18 Total unpaid claims and expenses of settlementj 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 3439758 un earned premiums 50 per cent 17 198 79 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 206103 un earned premiums pro rata l 424 98 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 viz Accident 30662 health 25938 liability 69332 plate glass 9817 steam boiler 750 burglary and theft 10382 auto property damage 28346 total 34 Estimated taxes 42 Total amount of all liabilities except capitalj 43 Capital actually paid up in cash 110700 00 44 Surplus over all liabilities 6 684 70 45 Surplus as regards policyholders 46 Total liabilities 9269 28 143869 51 2122 02 16 25 2105 77 3803 00 5908 77 18623 77 200 00 26184 81 117384 711 143869 51ComptrollerGenerals Eeport 839 Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Accident 602989 health 455558 liability 14 26302 plate glass 244763 steam boiler 24250 Burglary and theft 182932 auto property damage 4 590 64 sprinkler 44750 industrial 388915 total 3896 23 Gross losses paid Accident 6685 85 health 277283 liability 104105 plate glass 122262 burglary ami theft 64365 auto property damage 997 3 total 13363 6 EQUITABLE SURETY COMPANY OF ST LOUIS MISSOURI JameS E Smith President Walter H West Secretary Line Office Corner Broadway and Olive Street St Lou Mxssoun Wm A Wright Attorney for Service in Georgia IIIncome 1 Gross premiums writtenand reeved luring the year Fidelity 10501981 surety lo436884 total 2 Deduct reinsurance Fidelity 252336 surety 1226592 total U789 8 3 Deduct return premiums on policies can celled Fidelity 578813 surety 7 i 16ill LI 52911 total 4 Total deductions Fidelity 831149 surely 197950328062 5 Net premiums Fidelity 9670832 surety 45731 231282 13 22 Accrued interest on mortgage loans J 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 1066093 accrued interest on inn 24510 U bonds during 1911 25 Gross interest on deposits in trust com panics and banks 27 Accrued interest between purchase and sal of 50000 Western Maryland B B bonds 5 40 303S1 II 30 Total Gross interest and rents 32 Subscription stockholders to capital stock 1000000 00 33 Premium paid by stockholders on capital stock 1250000 on Total 37 Gross profit on sale or maturity of ledger assets viz Bonds 1512319 7 39 Total income 840 ComptrollerGeneral s I IEPOKT IIIDisbursements Gross amount paid for losses Fidelity 17632 surety 13100 total 2 Deduct salvage Fidelity 28 29 32 35 30 42 43 44 45 40 49 50 Net amount paid policyholders for losses Fidelity 171 17 surety 13100 total Investigation and adjustment of claims viz Fidelity 11766 surety 7080 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 1310233 surety 1566558 total Salaries fees and all other compensation of officers direc tors trustees and home office employes 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 City of St Joseph Mo 5000 city of St Louis Mo 10000 State of Arkan sas 2500 State of Tenn 15000 State of Cali fornia 11000 total Legal expenses Advertising Printing and stationery Postage telegraph telephone and express Furniture and fixtures Organization expense 20002 80 General expense 3 s 307 32 5 15 302 17 188 40 8827 1 40119 83 4022 311 2210 Oil 12 17 4688 68 Total 50 Total disbursements 135 no 325 in 1578 53 9758 91 2905 29 4196 77 29841 IVLedger Assets 165656 7 2 Mortgage loans on real estate 4 Book value of bonds 5 Cash in company s office 6 Deposits in trust companies and banks on interest 7 Deposits in trust companies and banks not on interest 8 Premiums in course of collection viz On policies or renewals issued on or after Oc tober 1 1911 Fidelity 2083612 surety 4593841 total 66 774 53 40000 00 1081406 19 2978 07 119740 24 27847 1 1ComptrollerGenerals Report 841 On policies or renewals issued prior to Oc tober 1 1911 Fidelity 31829 surely 52901 total 847 30 24 Total 26 Other ledger assets viz New York excise loss fund held by joint committee 191218 New York excise reserve fund held by joint committee 5157 00 total 07021 83 700 18 30 Ledger assets M46663 22 NonLedger Assets 31 Interest accrued 47224 on mortgages 472 24 32 Interest accrued 981367 on bonds 9813 67 Total 39 Market value of bonds and stocks over book value 43 Gross assets Deduct Assets Not Admitted 102S 91 1867 59 1358816 72 49 Premiums in course of collection written prior to October 1 1911 56 Admitted assets 847 30 135716 42 VLinbilil ies 1 Losses and claims reported or in process of adjustment Fidelity 105374 surety 175828 total 2812 02 18 Total unpaid claims and expenses of settlement 19 dross premiums less reinsurance upon all unexpired excise risks written in New York State running one year or less from date of policy 2056739 un earned premiums seventyfive per cent 21 dross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 16548988 un earned premiums 50 per cent 22 dross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 1729693 un earned premiums pro rata 22174 36 82744 94 14103 19 2812 02 23 Total unearned premiums as shown by recapitulation 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz fidelity 3961 27 surety 976170 total 118922 49 13722 97842 ComptrollerGenerals Report 29 Salaries rents expenses bills accounts fees etc due or accrued 2337 45 30Estimated amount hereafter payable for federal state and other taxes based upon the business of tin1 year of this statement 4464 33 35 Reinsurance 8065 50 46 Total amount of all liabilities except capital 150324 76 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 207644 66 49 Surplus as regards policyholders 1207644 66 50 Total liabilities 1357969 42 FEDERAL CASUALTY COMPANY OF DETROIT MICHIGAN V D Cliff President Peter Patterson Secretary Home Office 533 Majestic Bldg Detroit Michigan Win A Wright 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 288886 07 Extended at 288886 07 IIIncome 1 Cross premiums unpaid December 31 last year Accident and health 357330 27 2 Deduct reinsurance return premiums and cancellations Accident and health 479 34 18 Total net cash actually received for premiums 19 Policy fees required or represented by applications esti mated 22 Interest on bonds and dividends on stock 23 Interest on deposit 27 Profit on sale or maturity of ledger assets On sale bonds 32 From all other sources Increase by adjustment book value bonds 4511 Oil increase by adjustment book value stocks 1 173750 total 350850 93 44021 00 11925 05 291 39 446 28 12187 50 38 Total income 708608 82CompteolleeGenebals Repoet 843 IIIDisbursements I Gross amount paid for losses Accident and health 145026 02 13 Total 14502602 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health G4873 52 18 Policy fees retained by agents MMO 19 Stockholders for interest or dividends amount declared dur ing the year 3000000 25000 00 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 23080 59 21 Salaries traveling and all other expenses of agents not paid by commissions 3 22 Medical examiners fees and salaries h 7173 60 24 Rents 27 All other taxes licenses and insurance department fees iUjOtj or 667 22 28 Legal expenses 2 315 01 29 Advertising s 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 33 Losses on sale or maturity of ledger assets Bonds 2 68263 stocks 205000 total J 36 Premium paid on bonds purchased 38 Traveling expenses 1 315 76 39 Office and general expenses 40 Cash in suspended bank 191 52 41 Agents balances charged off 377477 15 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 29800000 and book value of stocks 2500000 3000 5 Cash in companys office 178113 deposited in banks 635054 331131 07 II Ledger assets NonLedger Assets 13 Interest accrued 575289 on bonds 338S4 56 37 Cross assets 844 ComptrollerGenerals Report Deduct Assets Not Admitted 44 Hook value of ledger assets over market value i4 lo 51 Admitted assets 336280 46 VLiabilities 1 Accident and health claims standing at close of year 1910 averaged 4010 so we estimate 458 claims is 11 so 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to October 1 1911 viz Accident and health 8000 oil 20 Salaries rents expenses taxes bills accounts tees due or accrued 500 00 27 Dividends due stockholders 10000 00 31 Reinsurance i434 15 33 Other liabilities viz Estimated federal stale ami other taxes 6500 00 42 Total amount of all liabilities except capital 44879 95 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 91400 51 45 Surplus as regards polieyholdors 291400 51 40 Total liabilities 336 280 4i Business in Stale of Georgia During Year Qross premiums received on risks written or renewed during the year Accident and health 9070 09 Gross losses paid Accident and health 4431 00 THE FIDELITY AND CASUALTY COMPANY OF NEW YORK Robert J Ilillas President Theodore K Gaty Secretary Home Office 9294 Liberty Street ami 97103 Cedar Street New Fork City 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 9779 775 95 Extended at 9779775 orComptkollebGenerals Eepobt 845 IIIncome 1 Gross premiums written and renewed during the year Ac cident 282303691 health 174480156 liability 383143962 fidelity 38305401 surety 27016276 plate glass 62583062 steam boiler 58901717 Burglary and theft 71508823 fly wheel 11686934 workmens collective 3615963 total ll13o409 So 2 Deduct reinsurance Accident 20416416 health 3837848 liability 45157 fidelity 3529241 surety 1890653 plate glass 51124 steam boiler 40 058 21 burglary and theft 4687983 3S4642 43 total 3 Deduct return premiums on policies can celled Accident 6311102 health 34 24410 liability 16066682 fidelity 2810146 surety 422657 plate glass 1432816 steam boiler 4493347 burglary and theft 2671857 fly wheel 823069 workmens collective 680514 total 39136600 4 Deduct premiums on policies not taken taken Accident 64430591 health 44899185 liability 630132 09 fidelity 6168801 surety 1885080 plate glass 14046782 steam boiler 110 60438 burglary and theft 108 05760 fly wheel 1931093 workmen s collective 628993 total 2188bJM d 5 Total deductions Accident 91158109 health 521 61443 liability 79125048 fidelity 12508188 surety 4198390 plate glass 15530722 steam boiler 19559606 burglary and theft 181 165600 fly wheel 2754162 workmen s collective 1309501 total 6 Net premiums Accident 19114558 health J1881 187 13 liability 304018914 fidelity 25797213 sety 22817886 plate glass 47052340 steam boiler 39342111 burglary and theft 343223 fly wheel 8932772 workmens collective 2306456 total 115 82 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 5 26752 accrued interest on bonds acquired during 1911 329435 7d 25 Gross interest on deposits in trust companies and banks 1944 36 26 Gross interest from all other sources846 ComptrollerGenerals Report 29 Gross rents from companys property including 9979551 for companys occupancy of its own buildings 115 933 03 30 Total gross interest and rents 448 350 7 31 Prom other sources Suspense account 3583 profit and loss account 238 fidelity insurance fund subscrip tions from agents and employees 144161 total 1479 82 36 From agents balances previously charged off 50 00 39 Total income 862113265 IIIDisbursements 1 Gross amount paid for losses Accident 98073844 health 60895595 liability 119877994 fidelity 9000754 surety 8334836 plate glass 18344041 steam boiler 4596759 burglary and theft 17087824 fly wheel 2992542 workmens collective 992536 total 3401967 25 2 Deduct reinsurance Accident 13630219 health 2117920 liability 38740 fidelity 82500 surety 2025000 plate glass 12582 steam boiler 476182 burglary and theft 552818 total 195359 il 3 Deduct salvage liability 2384763 fidelity 4485008 surety 1312765 plate glass 646079 steam boiler 26959 burglary and theft 308151 fly wheel 16000 workmens collective 1557 total 91 812 82 4 Total deductions Accident 13630219 health 21 17920 liability 2423503 fidelity 4567508 surety 3937765 plate glass 658661 steam boiler 1 03141 burglary and theft 860969 fly wheel 16000 workmens collective 1557 total 287172 43 5 Net amount paid polieyholders for losses Accident 844 43625 health 58777675 liability 1174544 fidelity 4433246 surety 4397071 plate glass 17685380 steam boiler 4093618 burglary and theft 16226855 fly wheel 2976542 workmens collective 990979 total 14704 82 17 Investigation and adjustment of claims viz Accident 65 81945 health 4581321 liability 400495s fidelity 987319 surety 493652 plate glass 14 50929 steam boiler 652038 burglary and theft 3437056 fly wheel 94842 workmens collective 177626 total S5n63 lg 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 66648843 health 39816923 liabilityComptrollerGenerals Report 847 66772454 fidelity 4176329 surety g5 41599 plate glass 13505361 steam boiler 7801489 burglary and theft 14009470 fly wheel 1815057 gg workmens collective 415174 total 28 Salaries fees and all other compensation of officers direc tors trustees and home office employees 29 Salaries traveling and all other expenses of agents not paid by commissions 10349 99 30 Medical examiners fees and salaries 237281 27 31 Inspections other than medical and claim SSK Wi6Muding 99795n51 ZoZlTM occupancy of its own buildings less 3018980 in occupancy included in item 29 80359 io eluded in items 1721 W estate 45696 86 33 Repairs and expenses other than taxes n 34 Taxes on real estate 117236 68 35 State taxes on premiums 16251 81 36 Insurance department licenses and fees 37 All other licenses fees and taxes City taxes 645 3 city 3 felt 772517 county taxes 9101 county fees 5199 total 4445 01 42 Legal expenses 5683 16 43 Advertising 128920 17 44 Printing and stationery 41881 89 45 Postage telegraph telephone and express 13790 30 46 Furniture and fixtures 190000 00 47 Stockholders for interest or dividendsi 49 Exchange and collection fees 264774 subscriptions 57780 50 Interest 309401 fire insurance prem iums 112004 premiums paid m aa Zee December 31 1910 300000 7214 51 Payments on account of Munich remsur ance Co 1250000 less unearned premiums retained under contract tor reserve purposes 52 Profit and loss account 112642 sundries 1505439 37380 18 Total 6595 62 53 Agents balances charged off1 V lpflTPr 2 Gross decrease by adjustment in book value of ledger asset s viz Bonds 7949070 53 56 Total disbursements IVLedger Assets 1404656 02 1 Book value of real estate ji v i q 3Qi 757 48 and stocks At 4 Book value of bonds 3d90o 7123400 97 64349 848 Comptroller Generals Report 5 Cash in companys office 7 466 12 6 Deposits in trust companies and banks not on interest 204365 1 7 Deposits in trust companies and banks on interest 162366 42 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 15748968 health 31057982 liability 44403477 fidelity 3266115 surety 1832778 plate glass 7362097 steam boiler 7648784 burglary and theft 73 85337 fly wheel 1571019 workmens collective 758973 total 1210355 30 On policies or renewals issued prior to Oc tober 1 1911 Accident 4273515 health 2835172 liability 8992438 fidelity 3887570 surety 1802422 plate glass 408564 steam boiler 3 16498 burglary and theft 453682 fly wheel 237891 workmens collective 32369 total 232401 21 24 Total 1442756 51 25 Bills receivable 7250 00 27 Agents balances and sundry ledger assets 99576 85 30 Ledger assets 10451838 07 NonLedger Assets 32 Interest accrued 4806997 on bonds 48069 97 35 Interest on deposit in National Bank of Commerce New York N Y 470 16 36 Interest on deposit in Bank of New York New York N Y 151 04 37 Rents accrued 31877 on companys property or lease 318 77 Total 49009 94 39 Market value not including interest in item 32 of bonds and stocks over book value 321042 53 43 Gross assets 10821890 54 Deduct Assets Not Admitted 45 Bills receivable 7 250 00 49 Premiums in course of collection written prior to October 1 1911 232401 21ComptrollerGenerals Report 849 52 Agents balances and sundry ledger assets 99576 85 339228 06 Total 10482662 48 56 Admitted assets VLiabilities 1 Losses and claims reported or in process of adjustment Accident 27558772 health 15683717 fidelity 6050019 surety 1793889 plate glass 1775708 steam boiler 1235900 Burglary and theft 8939100 fly Wheel 83500 workmens collective 79040 total 2 Losses and claims reported Accident 17330000health 15 82500 fidelity 3295939 plate glass 80000 steam boiler 1115000 burglary and theft 14 gg 43000 total 3 Total losses and claims Accident 44888772health 172 66217 fidelity 9345958 surety L93889 plate glass 1855708 steam boiler 2350900 burg lary and theft WWW heel 83500 work mens collective 79040 total 4 Deduct reinsurance Fidelity 700000 burglary and theft 42858 total 5 Net unpaid claims except liability Accident 44888772 health 17266217 fidelity 8645958surety 1V 93889 plate glass 1855708 steam borler 23509L00 burglary and theft 10339242 fly wheel 83500 workmens collective 79040 total 6 Estimated expenses of investigation and adjustment of unpaid claims Accident 1100000 health 500000 ddelity 300000 surety 200000 plate glass 1 500 00 steam boiler 100000 burglary and theft 350000 fly wheel 25000 workmens collective 15000 total 7 Total losses ad claims Accident 45988772 health 177 66217 fidelity 8945958 surety 1093889 plate glass 2005708 steam boiler 2450900 burglary and theft 10689242 fly wheel 108500 workmen s col lective 94040 total qtr 17 Special reserve for unpaid liability losses gg 21 20 Total unpaid claims and expenses of settlement 22128bS 20 Gross premiums less reinsurance upon all unexpired excise risks written in New York State running one year or less850 ComptbolleeGenebals Eepoet from date of policy 9197238 un earned premiums seventyfive per cent 68979 28 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 710080532 un earned premiums 50 per cent 3550402 66 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 187952577 unearned premiums pro rata 1023294 48 23 Total unearned premiums as shown by recapitulation 4642676 42 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 5497965 health 10351625 liability 9952624 fidelity 5 69284 surety 30167 plate glass 2172555 steam boiler 1582533 burglary and theft 1912802 fly wheel 304778 workmens collective 146861 total 327927 02 29 Salaries rents expenses bills accounts fees etc due or accrued 5994 67 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 121426 46 35 Reinsurance 17716 27 38 Reserve for contingencies 175000 00 0 fidelity insurance fund 7518 85 40 Unearned premiums retained under contract with Munich Reinsurance Company 42lit 9S 41 Suspense account 3709 21 42 All other 284 40 Total 228616 44 46 Total amount of all liabilities except capital 7557225 49 47 Capital actually paid up in cash 1001000 00 48 Surplus over all liabilities 1925436 99 lit Surplus as regards policyholders 2925436 99 50 Total liabilities 10482662 48 Business in Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Accident 3541136 health 28 23830 liability 1326105 fidelity 82828 plate glass 4049 01 steam boiler 176243 burglary and theft 497807 fly wheel 143624 total 90564 74ComptrollerGeneral s Report 851 Gross losses paid Accident 2354368 health 1737705 liability 395553 plate glass 192194 steam boiler 23375 burglary and theft 125229 fly wheel 5339 total 48337 63 FIDELITY AND DEPOSIT COMPANY OF BALTIMORE MARYLAND Edwin Wrfield President Harry Nicodemus Sec and Treas Home Office N W Cor Charles and Lexington Sts Baltimore Maryland Aaron Haas Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid np in cash 2000000 00 2 Amount of ledger assets as per balance December 31 of previous year 6948024 Extended at 6948024 35 IIIncome 1 Gross premiums written and renewed during the year Ac cident 14986458 health 7007796 liability 1 314 73307 fidelity and surety 279260237 plate glass 27191200 burglary and theft 8284237 auto prop damage 12765378 workmens collective 840835 total 2 Deduct reinsurance Accident 668429 health 255877 liability 67360 adelity and surety 10791374 burg lary and theft 1181438 total12964478 3 Deduct return premiums on policies can celled Accident 182502 health 136035 liability 3599195 fidelity and surety 14454452 plate glass 3 19854 burglary and theft 255688 auto property damage 538616 work mens collective 3130 total 4 Deduct premiums on policies not taken Accident 2756748 health 1376436 liability 29837494 Bdelity and surety 13369709 plate glass 5980992 burglary and theft 1063810 auto prop damage 31 4818094 48 194894852 ComptrollerGenerals Report 41404 workmens collective 156417 total 570830 10 5 Total deductions Accident 3007079 health 1768348 liability 33504049 fidelity and surety 38015535 plate glass 6300840 burglary and theft 2500930 auto property damage 3080020 workmens collective 159547 total 0 Net premiums Accident 11378779 health 5239448 liability 97969258 fidelity and surety 240044702 plate glass 20890354 burglary and theft 5783301 auto prop damage 9085358 workmens collective 081288 total 21 Inspections 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 83958 accrued interest on bonds acquired luring 1911 25 Gross interest on deposits in trust companies and banks 27 New York excise current losses funds 538 14 27o New York excise reserve funds 841 53 28 New York excise premiums undistributed 151 74 28 1 Various notSi etc 141 52 Total 29 Gross rents from companys property including 20 60904 for companys occupancy of its own buildings 30 Total gross interest and rents 31 From other sources Increase in returned premiums allowed but not yet claimed 5407005 increase in advance premiums 11376600 increase in premiums due for reinsurance 477958 amount received for liquidation of Philadelphia Casualty Co 27500000 total From agents balances previously charged off Cross profit on sale or maturity of ledger assets viz Bonds 67500 stocks 1142000 total 38 Gross increase by adjustment in book value of ledger nssets viz Bonds 805000 stocks 11907000 total 36 37 901309 00 39 10724 88 1317 57 2000 00 75221 13 7193 Hi 1071 93 55288 rl 241374 7 448210 129 12095 128320 35 00 00 39 Total income 47481 111Disbursements Cross amount paid for losses Accident 2509873 health 1375994 Liability 10082713 lilelity anI surety 80905038 plate glass 0008084 burglary and theft 1021203 auto property damage 2300777 work mens collective 118059 total 1050418 01ComptrollerGenerals Report 853 2 Deduct reinsurance Accident 66088 health 55175 fidelity and surety 18 83161 plate glass 1582 burglary and theft 165895 total 3 Deduct salvage Accident 10000 health 12500 fidelity and surety 25699181 plate glass 67479 burglary and theft 8719 total 21719 01 257978 79 76088 health 676 4 Total deduction Accident 27582342 plate glass 69061 total fidelity and surety burglary and theft 174614 5 Net amount paid policyholders for losses Accident 24 337 85 health 1308319 liability 10682713 fidelity and surety 53322696 plate glass 5999023 burg lary and theft 1446649 auto property damage 23 60777 workmens collective 118059 total 16 Collection expenses salvage and recovery 17 Investigation and adjustment of claims viz Accident 167 IS health 2717 liability 4616416 fidelity and surety 2756929 burglary and theft 79602 auto property damage 146047 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2757821 health 1045661 liability 233 30024 fidelity and surety 53462398 plate glass 52 59433 burglary and theft 1475617 auto property damage 2256475 workmens collective 3651 I total 28 Salaries fees and all other compensation of officers direc tors trustees and home office employees 29 Salaries traveling and other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 31 Inspections other than medical and claim 32 Bents including 2060964 for company its own buildings 33 Repairs and expenses other than taxes on real state 34 Taxes on real estate 35 State taxes on premiums 36 Insurance department licenses ami fees 37 All other licenses fees and taxes Federal corporation tax 348388 municipal taxes 301407 state licenses 496660 state county and city taxes on capital stock 4319040 total 42 Legal expenses 43 Advertising 44 Printing ami stationery 45 Postage telegraph telephone and expxess occupancy of 279697 80 776720 21 14460 32 76184 29 896240 06 331608 46 256007 98 53 50 25285 54 49848 32 23004 39 19849 si 44752 82 8734 59 54654 95 54553 63 17103 22 51440 98 43570 73854 ComptkollerGenekals Repobt 46 Furniture and fixtures gg 47 Stockholders for interest or dividends amount declared during the year 32000000 320 000 00 48 Other disbursements Home office incidentals 2501781 home office traveling expenses 2061363 express ac count of liquidation of Philadelphia Casualty Co 190 53544 total 236166 8g 53 Agents balances charged off 4 225 29 54 Note charged off as uncollectible 473 06 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 1141400 stocks 630000 col lateral loans 130000 total 19 014 00 56 Total disbursements 335i105 90 IVLedger Assets 1 Book value of real estate4 2 129 946 28 3 Loans secured by pledge of bonds stocks or other collaterals l04600 00 4 Book value of bonds 256659800 and stocks 154742700 4114025 00 5 Cash in companys office 14819 in hands of agents 3150000 31648 19 6 Deposits in trust companies and banks not on interest 208141 30 7 Deposits in trust companies and banks on interest 355 737 60 8 Premiums in course of collection viz On policies or renewals issued on or after Oc tober 1 1911 Accident 4257475 health 2215725 liability 23225424 fidelity and surety 42921265 plate glass 5847785 burglary and theft 1661560 automobile property damage 1503790 workmens collective 3 43394 total 819764 18 On policies or renewals issued prior to Oc tober 1 1911 Accident 201302 health 116791 liability 2017206 fidelity and surety 23240560 plate glass 4 17566 burglary and theft 71413 automobile property damage 158429 total 262232 67 Total 1081996 85 26 Other ledger assets New York excise eurrent losses fund held by joint com 1270351 New York excise re serve fund held by joint com 3061788 advance on contract Amsterdam N Y 11448421 advance on contract Clyde N Y 2222001 advance on con tract Baltimore Md 3000000 advance on contract Baltimore Md 1479063 advance on contract ComptrollerGenerals Report 855 Baltimore Md 1000000 advance on contract Baltimore Md 8418475 total 8345096 21 30 Ledger assets Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 8082863 54 56 Admitted assets VLiabilities 1 Losses and claims adjusted Accident 26714 health 45874 fidelity and surety 452602 auto property damage 73898 total V 1 2 Losses and claims reported or in process of adustment Accident 1726546 health 294278 fidelity and surety 338448 38 plate glass 543869 burglay and theft 503850 auto property damage 730620 workmens collection 53915 total 3 Losses and claims resisted Fidelity and surety 34750000 auto property damage 192936 total 4 Total losses and claims Accident 17532 60 health 3 40152 fidelity and surety 69047440 plate glass 5 43869 burglary and theft 503850 auto property damage 997454 workmens collectiye Wo 5 Netnpaldclalmslcxcept liability claims Accident 17 5326V health 340152 fidelity and surety69 4 440 plate glass 543869 burglary and theft 5 03860 auto property damage 997454 workmen s coUective 6 BsSfed eases oflegation paid claims Auto property damage 91334 workmen 403 52 fidelity and surety 69047440 plate glass 5 438169 Burglary and theft 503850 auto property damage 1088788 workmen s collective 56693 total 17 Special reserve for unpaid liability losses 54 20 Total unpaid claims and expenses of settlement foJspeceserveforliquidatises of Philadelphia Casualty Company 21 Gross premiums less reinsurance upon all unexpired risks running one year or less fr0m date of policy 332113738 un earned premium fifty per cenl l660o68 0856 ComptbollebGenebals Eepobt 22 Gross premiums less reinsurance upon unexpired excise risks written in New York State running one year or loss from the date of policy 6757153 unearned premiums seventyfive per cent IdGTS 65 2li Gross prems less reinsurance upon all unexpired risks running more than one year from date of policy 44072274 unearned premiums pro rata 26184 96 23 Total unearned premiums as shown by recapitulation 1973089 28 24 Commissions brokerage and other charges clue or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 1179417 health 607535 liability 6300322 fidelity and surety 91 44377 plate glass 64575 burglary and theft 4 88399 auto property damage 374627 workmens collective 102818 total 198 432 48 29 Salaries rents expenses bills accounts fees etc due or on aecrued 10000 00 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 34 Return premiums Qr t 324i 63 35 Reinsurance 18 04 01 36 Advance premiums one hundred per cent 138i348 03 46 Total amount of all liabilities excepl capita 3500595 51 47 Capital actually paid up in cash 20001110 00 48 Surplus over all liabilities 2582268 03 41 Surplus as regards policyholders 4 582268 03 50 Total liabilities 8082863 54 Business in Georgia During Year dross premiums less return premium on risks written or renewed during the year Accident 136333 health 77100 liability 383306 fidelity and surety 3644692 plate glass 90025 burglary and theft 39208 automobile property damage 149378 total 45 204 41 Gross losses paid Accident 331589 health 33303 liability 20817 fidelity and surety 534238 plate glass 29020 automobile property damage 85211 total 10341 78ComptrollerGenerals Report 857 FRANKFORT GENERAL INSURANCE CO OF FRANKFORTONTHE MAIN GERMANY United States Manager and Attorney II Franklin United States Branch 100 William Street New York City N Y Fair Dodd 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 1510581 88 Extended at 1510581 88 IIIncome Gross premiums written ami renewed luring the year Ac cident and health 15086005 liability 120761734 burglary and theft 4886916 workmens collect 7355173 total 108JH i 2 Deduct reinsurance Accident and health 804445 liability 75724 burglary and theft 728371 totals 3 Deduct return premiums on policies can celled Accident and health 134407 liability 8225994 burglary and theft 2 81241 workmens collective 2 05894 total 4 Deduct premiums on policies not taken Accident and health 2450658 liability 11291316 burglary and theft 7 51391 workmens collective 60600 total 16085 40 88475 36 145539 55 5 Total deductions Accident and health 3389510 liability 19593034 burglary and theft 1700993 workmens collective 266494 total fi Net premiums Accident and health 11090495 liability 101168700 burglary and theft 3125923 work mens collective 7088679 total 20 Policy fees required or represented by applications 24 Gross interest on bonds and dividends on stocks less 8989 accrued interest on bonds acquired dining L911 25 Gross interest on deposits in trust companies and banks 32 Remittance from home office 37 Gross profit on sale or maturity of ledger assets viz Bonds 250100 31 1 47 1 20 797 97 231 78 390 51 183 22 275 34 1 83 39 Total incofce 1320880 65858 ComptrollerGenerals Report IIIDisbursements 1 Gross amounl paid lor losses Accident and health 67 21465 liability 57664452 burglary and theft 19 59907 workmens collective 2546535 totals 688923 59 2 Deduct reinsurance Accident and health 486510 burglary and theft 332003 total 8185 13 3 Deduct Salvage Burglary and theft 35 00 4 Total deductions Accident and health 486510 burglary and theft 335503 total 8220 13 5 Net amount paid policyholders for losses Accident and health 6234955 liability 57664452 burglary and theft 1624404 workmens collective 2546535 total 680703 46 17 Investigation and adjustment of claims viz Accident and health 563682 liability 9293915 burglary and theft 211048 workmens collective 177217 total 102458 62 22 Policy fees retained by agents 21231 78 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 3978611 liability 24731181 Burglary and theft 1010709 workmens collective 1758787 total 314792 88 28 Salaries fees and all other compensation of officers direc tors trustees and home office employees 50079 47 29 Salaries traveling and all other expneess of agents not paid by commissions 38681 23 31 Inspections other than medical and claim 18603 49 32 Rents 7909 79 35 State taxes on premiums 18021 29 36 Insurance department licenses and fees 3997 11 37 All other licenses fees and taxes Personal property tax 4486 franchise tax 283 municipal taxes and fees 110160 all other taxes licenses and fees 33000 1479 29 42 Legal expenses 207196 43 Advertising 6587 98 44 Printing and stationery 13763 47 45 Postage telegraph telephone and express 7095 56 46 Furniture and fixtures 408 20 48 Other disbursements remittance to home office 93573 miscellaneous 595439 total 6890 12 54 Gross loss on sale or maturity of ledger assets viz Bonds 13 95 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 820 56 56 Total disbursements 1295610 21 IV Ledger Ass ts 4 Book value of bonds l 271 767 39ComptrollerGenerals Report 5 Cash in companys office 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest 8 Premiums in course of collection viz On policies or renewals issued on or after Oc tober 1 1911 Accident and health 7 70797 liability 18278984 burglary and theft 477867 workmens collec tive 2748662 total 222763 10 On policies or renewals issued prior to Oc tober 1 1911 Accident and health 49372 liability 746058 burglary and theft 6172 total 859 650 00 1482 26 29693 52 8016 02 Total 27 ash in hands of Trustees 230779 12 1480 03 30 Total ledger assets 1535852 32 32 35 43 49 NonLedger Assets Interest accrued on bonds Interest accrued on bank deposits 13857 08 86 78 Total Cross assets 13943 86 Deduct Assets Not Admit ted 1549796 18 Premiums in course of collection written prior to October 1 1911i Bonds 8016 02 51212 39 56 Total Admitted assets 59228 41 1490567 77 VLiabilities Losses and claims adjusted Accident and health Losses and claims reported or in process of adjustment Accident and health 1244071 burglary and theft 2 23200 workmens collective 1629778 total Losses and claims resisted Accident and health 907250 Burglary and theft 176400 marine 300000 total L90 00 30970 49 13836 50 Total losses and claims Accident and health 2170321 burglary and theft 399600 marine 300000 work mens collective 1629778 total 44996 99860 ComptrollerGeneral s Report 5 Deduct reinsurance Accident and health 62500 burglary and theft 112500 total Net unpaid claims except liability claims Accident and health 2107821 burglary and theft 287100 marine 300000 workmens collective 1629778 total Estimated expenses of investigation and adjustment of un paid claims Accident and health 110938 burglary and theft 31900 workmens collective 41789 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 82383596 un earned premiums 50 per cent 11 1017 98 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 6004911 un earned premiums pro rata 25617 27 23 Total unearned premiums as shown by recapitulation 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident and health 2 77166 liability 4802272 burglary anI theft 1 52797 workmen s collective 527378 total 29 Salaries rents expenses bills accounts foes etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 36 Advance premiums one hundred per cent 1750 on 4246 99 1846 8 Total losses and claims Accident and health 2218759 Burglary and theft 319000 marine 300000 work mens collective 1671567 total 15093 26 17 Special reserve for unpaid liability losses 432971 00 Contingent reserve 1 536 29 5110600 i 1060 57596 L3 1500 oo 1 lk800 oo 2230 43 46 Total amount of all liabilities except capital 1020271 36 47 Capital actually paid up in cash 250000 00 48 Surplus over all liabilities 220296 41 49 Surplus as regards policyholders 170296 11 50 Total liabilities i490507 7ComptrollerGeneral s Report 861 Business in the State of Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Accident and health 83599 liability 4564 90 burglary and theft 500 wrok mens collective 8970 total Gross losses paid Accident and health 371312 liability 4 11147 workmens collective 9844 total 5494 09 7923 03 GEORGIA LIFE INSURANCE COMPANY OF MACON GA n A L A Shepherd Secretary W I Small President l Home Office Georgia Life Building Macon Ga ICapital Stock 1 Amount of capital paid up in cash 500900 00 2 Amount of ledger assets as per balance December 31 of previous year 690883 70 Extended at ITTncome 6195 55 1 Gross premiums written and renewed during the year Accident 4345876 health 3259053 liability 125 80366 fidelity 776399 surety 1081325 plate glass 808349 steam boiler 291164 burglary and theft 415149 auto property damage 2951827 workmens collective 50059 total 2 Deduct reinsurance Accident 334352 health 282703 fidelity 2500 total 3 Deduct return premiums on policies can celled Accident 133537 health 109245 liability 556974 fidelity 10933 surety 15700 plate glass 29854 steam boiler 3235 burglary and theft 8706 auto property dam age 326845 total 4 Deduct premiums on policies not taken Accident 682342 health 533943 liability 2213634 fidelity 41181 surety 68091 plate glass 63988 steam boiler 101200 burglary and theft 41297 auto property damage 630930 total I 1950 29 43766 no 5 Total deductions Accident 1150231 health 925891 liability 2770608 fidelity 54011 surety 83791 690883 70 265595 67 862 ComptbollebGenebals Repobt plate glass 93842 steam boiler 104435 burglary and theft 50003 auto property damage 957775 total 6 Net premiums Accident 3195645 health 2333162 liability 9809758 fidelity 721785 surety 9 97534 plate glass 714507 steam boiler 186729 burglary and theft 365140 auto property damage 1994052 workmens collective 50059 total 22 Gross interest on mortgage loans 24 Gross interest on bonds and dividends on stocks 25 Gross interest on deposits in trust com panies and banks 26 Gross interest from all other sources viz On policy notes and liens 12696 bills receivable 661865 total 6745 61 7160 97 5951 22 3706 53 30 Total gross interest and rents 31 From other sources viz Income life department 39 Total income 61911 90 203683 23564 33 96142 65 323590 75 111Disbursements 1 Gross amount paid for losses Accident 1373732 health 1176334 liability 1308029 fidelity 19123 plate glass 123173 burglary and theft 63935 auto property damage 985603 workmens collective 600 total 2 Deduct reinsurance Accident 107182 health 133104 total 2402 86 3 Deduct salvage fidelity 2900 plate glass 2500 auto property damage 12612 total 180 12 4 Total deduction Accident 107182 health 133104 fidelity 2900 plate glass 2500 auto property dam age 12612 total 5 Net amount paid policyholders tor losses Accident 12 66550 health 1043230 liability 1308029 fidelity 16223 plate glass 120673 burglary and theft 63935 auto property damage 972991 workmens collective 600 total 17 Investigation and adjustment of claims viz Accident 400 health 300 liability 23374 fidelity 5000 surety 21225 burglary and theft 6070 auto prop erty damage 6250 total 50505 29 2582 98 47922 31 2729 S8ComptrollerGenerals Report 863 23 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 844145 health 616355 liabil ity 1356927 fidelity 180276 surety 252193 plate glass 195631 steam boiler 41691 burglary and theft 54442 auto property damage 435317 workmens collective 412500 total 28 Salaries fees and all other compensation of officers directors trustees and home office employees 30 Medical examiners fees and salaries 32 Rents 36 insurance department licenses and fees 37 All other licenses fees and taxes viz Municipal license and taxes 42 Legal expenses 44 Printing and stationery 45 Postage telegraph telephone and express 48 Other disbursements viz General expense 138750 traveling expenses 496818 total 53 Disbursements life department 56 Total disbursements 39811 02 14041 11 1406 22 200 00 1235 56 1004 25 726 20 3591 11 1253 83 6355 68 137850 59 258127 76 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 life dept policy loan 4 Book value of bonds 13478568 and stocks 5000000 total 5 Cash in companys office SM l 6 Deposits in trust companies and banks not on interest 7 Deposits in trust companies and banks on interest Total 71 Pirst year premium notes life dept 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 1229501 health 808451 liability 5037110 fidelity 92352 surety 188033 plate glass 217707 steam boiler 32300 burglary and theft 200705 automo bile property damage 690839 work mens collective 33559 total On policies or renewals issued prior to October 1 1911 Accident 565770 64916 20 85305 57 238844 43 120921 80 80 50 184785 is 100281 62 1928 69864 ComptrollerGenerals Report health 027688 liability 278920 fidelity 35050 surety 23172 plate glass 17255 steam boiler 30750 burglary and theft 3570 automobile property damage 99474 total 16816 49 24 Totals 102 122 06 26 Other ledger assets viz Agents balance net life 3 00784 medical books life 2199 agents balances casualty dept 76421 advanced on contracts secured 358787 total 7381 91 30 Ledger assets 756346 69 NonLedger Assets 31 Interest due 3000 and accrued 1 36555 on mortgages 1395 55 34 Interest accrued on other assets 40 75 37 Rents due on companys property or lease 1648 98 Total 3085 28 38 Market value of real estate over book value 136155 57 40 Other nonledger assets viz Life Dept net amount of uncollected and defd premiums 900 07 13 dross assets 903 437 q Deduct Assets Not Admitted 45 Bills receivable agents balance net 764 21 49 Premiums in course of collection written prior to October 1 1911 16816 10 51 Book value of ledger assets over market value viz Bonds 378568 medical books 2199 premium notes first year life 192869 agents balances 3 00784 total SJ44 20 Total 26324 90 56 Admitted assets 4 877 16 71 VLiabilit ies 2 Losses and claims reported or in process of adjustment Accident 347484 health 215755 fidelity 05000 surety 65000 plate glass 36924 steam boilerComptrollerGenerals Report 40000 burglary and theft 115000 auto property damage 301581 total 4 Total losses and claims Accident 347484 health 215755 fidelity 05000 surety 65000 plate glass 36924 steam boiler 40000 burglary and theft 115000 auto property damage 501581 total 6 Net unpaid claims except liability churns Accident 0 3 47484 health 215755 fidelity 65000 surety 65000 plate glass 36924 steam boiler 40000 burglary and theft 115000 auto property damage 301581 total 7 Estimated expenses of investigation and ujment of unpaid claims Fidelity 10000 surety 10000 auto property damage 2800 total 8 Total losses and claims Accident 347484 health 215755 fidelity 75000 surety 75000 p ate glass 30924 steam boiler 40000 burglary and theft 1 L5000 auto property damage 304381 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 18599206 un earned premiums fifty per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 44341 unearned premiums pro rata 3006 54 23 Total unearned premiums 24 Commissions brokerage and other charges due o to b come due to agents or brokers on policies issued on or after October 1 1911 viz Aceident 4 30325 health 282957 liability 1259277 Bdehty 23088 surety 47008 plate glass 00107 steam boiler 8075 burglary and theft 55193 auto property damiee 172709 workmens collective 8389 total 30 EaUmaS llount hereafter payable for fed SIM and other taxes based upon the business of the yea of this statement Reinsurance 4Q Other liabilities viz Life dept net pohcvreserve 49 89700 special reserves 2231854 all other life d liabilities 1144024 disputed city of Maeon for 1910 tax in process of adjustment 150000 total 35 37 865 11867 44 11867 44 11867 44 228 00 12095 44 14571 29 26666 73 96062 57 23532 18 1000 00 1155 00 85155 78 40 Total amount of all liabilities excepi capital 223572 26866 ComptrollerGenerals Report 47 Capital actually paid up in cash 500900 00 48 Surplus over all liabilities 142 690 45 49 Surplus as regards policyholders 643 590 45 50 Total liabilities 77 02 71 Business in the State of Georgia During the Year Gross premiums less return premium on risks written or re newed during the year Accident 2771307 health 2262782 liability 1961554 fidelity 400785 surety 362055 plate glass 164333 steam boiler 132164 burglary and theft 124353 automobile property damage 661817 total 88411 50 Gross losses paid Accident 1120723 health 906313 liability 218767 plate glass 41255 burglary and theft 15250 automobile property damage 82194 total 23845 02 GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION OF PERTH SCOTLAND John A Kelly C Naire Miller U S Managers U S Office 400 Walnut StPhiladelphia Penna Hon Wb A Wright Atlanta Attorney for Service in Georgia LCapital Stock 1 Amount of capital paid up in cash N Y dePsit 250000 00 Extended at 2237842 17 ITIncome 1 Gross premiums unpaid December 31 last year Acci dent 5369726 health 2301311 liability 273 57486 burglary and theft 3872511 auto property damage 12622143 total 515 231 77 2 Gross premiums written and renewed during the year Accident 128683097 health 45226537 liability 168819572 burglary and theft 19032792 auto property damage 57273747 total 4190 357 4 3 Total Accident 134052823 health 47527848 liabil ity 196177058 burglary and theft 22905303 auto property damage 69895890 total 4 705 589 22ComptrollekGenerals Report 86 4 Deduct gross permiums now in course of collection Acci dent 13800230 health 4848729 liability 334 11780 burglary and theft 7171653 auto property damage 6226168 total Accident 354585 60 19 22 23 24 Entire premiums collected during the year 190252593 health 42679119 liability 1627 65278 burglary and theft 15733650 auto property damage 63669722 total 40al003 62 Deduct reinsurance return premiums and cancellations Accident 18010923 health 7166057 liability 60644288 burglary and theft 4783922 auto prop exty damage 21842708 total llZ44 Net premiums Accident 102241670 health 355 13062 liability 102120990 burglary and theft 10949728 auto property damage 41827014 total 2926524 64 Policy fees required or represented by applications 531Z3 Interest on bonds and dividends on stock less 101620 accrued interest on bonds acquired during 1911 Interest on deposit Interest from all other sources Accounts receivable 6900 refund capital tax of General Accd Ins Co 74333 total Gross rents from companys property in cluding 1869996 for companys occu pancy of its own buildings 68571 33 2809 19 812 33 18699 96 26 27 32 Total interest and rents Profit on sale or maturity of ledger assets viz Bonds From all other sources viz Amount received from home office 90892 81 440 50 48587 50 s Total income 3119568 45 1 IfDisbursements i Cross amount paid for losses Accident 52536196 health 16886276 liability 15767429 burglary and theft 6881 Jfe3 auto property damage 17079357 total o Deduct salvage and reinsurance Accident 5812462 health 880797 liability 266548 burglary and theft 1047476 auto property damage 1003303 total 3 Net amount paid policyholders for losses Accident 46723734 health 16005479 liability 15500881 1391507 51 90105 86868 ComptrollerGeneral s Report burglary aud theft 5834017 auto property damage 16076054 total 1301403 05 4 Investigation and adjustment of claims Accident 4 94071 health 173593 liability 19345140 bur glary and theft 350260 auto property damage 40 35143 total 243982 07 5 Totals Accident 47217805 health 11179172 liabil ity 64846021 burglary and theft 6184277 auto property damage 20111197 total 1545383 72 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 31198620 health 10929450 liability 31580644 burglary and theft 3832338 auto prop erty damage 10598455 total ss 1395 07 18 Policy fees retained by agents 53123 Mi 20 Salaries fees and all other compensation of officers directors trustees and home office employees 200482 01 21 Salaries traveling and all other expenses of agents not paid by commissions 23 854 32 22 Medical examiners fees and salaries 18 992 21 23 Inspections other than medical 15 s 92 24 Rents including 1869996 for companys occupancy of its own buildings 37 429 21 25 Repairs and expenses other than taxes on real estate 9098 00 26 Taxes on real estate 2100 00 27 All other taxes licenses and insurance department fees 72238 65 28 Legal expenses 0018 88 29 Advertising s U4 5 30 Printing and stationery 28 273 40 31 Postage and express 23 384 60 32 Furniture and fixtures 5 331 1 33 Loss on sale or maturity of ledger assets viz Bonds 12 50 37 All other disbursements viz Amount remitted to home office 15300761 miscellaneous expense 4152868 interest on discounts 16625 checks written off in 1910 and presented for payment in 1911 2806 total 194730 60 10 Total disbursements 313 45 33 TVLedger Assets 1 Book value of real estate 213 160 58 4 Book value of bonds excluding interest 180821873 and book value of stocks 8654415 total 1894 762 88 5 Cash in companys office 128334 deposited in banks 10442615 total 05709 10 7 Other ledger assets viz Accounts receivable 12326 34 11 Ledger assets 2225959 29COMPTKOLLEKG ENEBAlS RePOBT NonLodger Assets i 23111 96 13 Interest accrued on bonds 15 Interest accrued on other assets Guard Trust Co daily balance 23114 44 Total 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Acci dent 13000341 health 4567687 liability 32385620 burglary and theft 7101069 auto property dam age 5962208 total 630169 On policies or renewals issued prior to October 1 19U Accident 799889 health 281042 liability 1026160 burglary and theft 70584 auto prop erty damage 263960 total 654585 60 2903659 33 37 Gross assets Deaue1 Assets Not Admitted 43 Gross premiums in course of lleetion V written prior to October 1 1911 24416 3o 44 Book yalue of ledger assets over market value viz Bonds and stocks 74 82038 building 1816058 accounts receivable 1232634 total 15972 65 Total J 2743935 is 51 Admitted assets VLiabilities 1 Losses and claims i process of adjustment or reported proofs not received Accident 51704 health 1758809 burglary and theft 1491150 auto prop erty damage 7452600 total 2 Losses and claims resisted Accident 4624482 health 1624818 burglary and theft 200000 auto prop erty damage 394000 total 3 Total losses and claims Accident 9794937 health 3383627 burglary and t heft 1001 1511 ante prop M erty damage 7846600 total 870 ComptrollerGeneral s Report 14 Deduct reinsurance 7691 33 15 Net unpaid claims except liability claims 219 471 81 16 Special reserve for unpaid liability losses 397 049 00 18 Total unpaid claims and expenses of settlement 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 206742802 unearned premiums 50 per cent 1033713 99 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 131 33883 unearned premiums pro rata 68807 29 616520 81 21Total unearned premiums 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to October 1 ion viz Accident 3900102 health 1370307 liability 9715686 burglary and theft 2130321 auto property damage 1788662 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 32 Advance premiums 100 per cent 33 Other liabilities viz Tax on premiums 1102521 28 189050 78 11000 00 16176 71 57541 02 42 Total amount of all liabilities except capital 1996810 60 43 Capital actually paid up in cash 250000 00 44 Surplus over all liabilities 497 125 08 45 Surplus as regards policyholders 16 Total liabilities 747125 08 2743935 68 Business in the State of Georgia During the Year Gross premiums received on risks written or renewluring the year Accident 2839377 health 1211764 liability 293235 burglary and theft 12312 auto property damage 200485 total 45 571 73 Gross losses paid Accident 1771830 health 640729 liability 100330 auto property damage 10709 t0tal 2619918 CompteollebGeneeal s Repobt 871 Henry W Eaton President GLOBE INDEMNITY COMPANY OF NEW YORK A Duncan Eteid Secretary eofccrisWillian St New York City New York W R Hoyt Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 750000 00 3 Increase of paid up capital during the year 750000 00 Extended at 750000 00 ITIncome 2 Gross premiums written and renewed during the year Liability 5148889 plate glass 630779 burglary and theft 598559 total 2 Total Liability 5148898 plate glass 630779 burg lary and theft 598559 total I 3 Deduct gross premiums now in course of collect on Liability 4850666 plate glass 477740 burglary and theft 4811 65 total 4 Entire premiums collected during the year Lability Jw 98223 plate glass 153039 burglary and theft 1 16894 total 5Deduct reinsurance return premiums and cance lations liability 272L73 plate glass 138874 burglary and theft 685 52 total 63782 27 63782 27 8100 71 lability 26050 plate glass 14165 6 Xet premiums Iin burglary and theft 48342 total 22 Interest on bonds and dividends on stock 23 Interest on deposit 1379 34 229 20 Total 32 From all other sources Surplus paid in per share on 7500 shams in rash 75 00 38 Total income 885 57 1150 14 62500 00 562235 43 HIDisbursements 1 Gross amount paid for losses Liability 1905 plate glass 5254 total 71 59872 ComptkollkrGenekals Report 2 Net amount paid policyholders for losses Liability 1905 plate glass 5254 total 3 investigation and adjustment of claims Liability 71 59 7 ii 4 Totals Liability 2655 plate glass 5254 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Liability 5532 plate glass 4041 burglary and theft 16858 total 20 Salaries fees and all other compensation of offieers direc tors trustees and home office employees 23 Inspections other than medical 24 Rents 27 All other taxes licenses and insurance department fees 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 37 All other disbursements Home office traveling expenses 78941 miscellaneous home office expenses 13162 79 09 264 01 135Hi 89 SHi 76 700 00 029 18 445 65 2115 91 32 52 1451 19 921 13 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 5 Cash in companys office 2314 deposited in banks 193 00581 total 7 Other ledger assets viz Cash due from the LiverI and London and Globe Insurance Co Ltd 21551 73 119501 75 193628 95 2145 00 1 1 Ledger assets NonLedger Assets 13 Interest accrued on bonds 105m 07 Total 19 Cross premiums in course of collection viz On policies or renewals issueI subsequent to October 1 1911 Liability 4850666 plate glass 477740 burglary and theft 481665 total 1291683 70 16586 07 5s110 71 Total 35 Deposits 58100 71 371 09 37 Cross assets 1300742 1 ComptrollerGenerals Report 873 Deduct Assets Not Admitted 44 Book value of ledger assets over market value viz Bonds 3899 75 51 Admitted assets 1362842 42 VLiabilities 16 Special reserve for unpaid liability losses 967 08 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 5569085 un earned premiums pro rata 5328 32 2U Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 329543 un earned premiums pro rata 3239 v 8 21 Total unearned premiums as shown by recapitulation 56568 10 22 Commissions brokerage and other charges due or to bo come due to agents or brokers on policies issued sub sequent to October 1 1911 viz liability 1067146 plate glass 121935 burglary and theft 176708 13657 89 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 6700 00 42 Total amount of all liabilities except capital 77893 07 43 Capital actually paid up in cash 710000 00 44 Surplus over all liabilities 134ill 35 45 Surplus its regards policyholders 1284949 35 46 Total liabilities 1862842 42 GREAT SOUTHEEN ACCIDENT AND FIDELITY COMPANY OF ATLANTA GEOBGIA F S Kthridge President VV Pagan Secretary Home Office Fifth Floor Third National Bank Bldg Broad and Marietta Streets Atlanta Georgia Hon W A Wright Attorney for Service in Gerogia ICapital Stock 1 Amount of capital paid up in cash 250100 00 2 Amount of ledger assets as per balance December 31 of previous year 297295 00874 ComptrollerGenerals Report 3 Increase of paid up capital during the year inn mi Extended at 297395 nn 11Income 1 Gross premiums unpaid DecembeT 31 last year Accident 345152 health 299511 liability 319973 fidelity 35660 surety 150256 plate glass 55335 burglary and theft 3469 auto property damage 50408 total 12597 64 2 Gross premiums written and renewed during the year Ac cident 1535048 health 1136296 liability 26 05727 fidelity 266557 surety 711235 plate glass 2901IS burglary and theft 64401 workmens collec tive 229496 auto property damage 132120 total 6960 98 3 Total Accident 1880200 health 1435807 liability 2925700 fidelity 302217 surety 851491 plate glass 345453 burglary and tlicft 67870 work mens collective 229496 auto property damage 1 S2528 total 82207 62 4 Deduct gross premiums course of collection Accident 3 13992 health 2050 37 liability 1117893 fidelity 28973 surety 180923 plate glass 99405 burglary and theft 17698 workmens collective 224400 auto property damage 62072 total 22503 93 5 Entire premiums collected during the year Accident 1566208 health 1230770 liability 1807807 fidelity 273244 surety 670508 plate glass 2 46048 burglary and theft 50172 workmens collec tive 5090 auto property damage 120 156 total 6 Deduct reinsurance return premiums and cancellations Accident 678569 health 519020 liability 11 24157 fidelity 35940 surety 84800 plate glass 55595 burglary and theft 17025 auto property damages 67986 total 7 Net premiums Accident 887639 health 711750 liability 683650 fidelity 237804 surety 585762 plate glass 190453 burglary and theft 33147 workmens collective 5096 auto property damage 52470 total 20 Interest on mortgage loans 1085 00 22 Interest on bonds and dividends on stock 12485 01 23 Interest on di posit 2013 11 Interest from all other sources 26 Total interest and rents 59703 69 25830 98 33872 71 2 70 15586 42CoMPTROlTLERG ENERAL S BePORT 875 33 Premiums on capital stock 38 Total income p 111Disbursements 1 Gross amount paid for losses Accident 235485 health 325820 liability 316505 surety 199986 plate glass 115462 auto property damage 114006 total 2 Deduct salvage and reinsurance health 3 Net amount paid policy holders for losses Accident 2 35485 health 317249 liability 316505 surety 199986 plate glass 115402 auto property dam age 114006 total 4 Investigation and adjustment of claims Accident 20235 liability 3906 total 5 Totals Accident 255720 health 317249 liability 320411 surety 199986 plate glass 115462 auto property damage 114006 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 285885 health 236270 liability 1 72295 fidelity 55224 surety 132947 plate glass 57926 burglary and theft 7455 workmen collective 1529 auto property damage 11113 total 20 Salaries fees and all other compeuastion of officers direc tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 23 Inspections other than medical 24 Rents 27 All other taxes licenses and insurance department tecs 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage 74518 express telephone and telegraph 41431 32 Furniture and fixtures 57 All other disbursements Interest paid 276 losses and gain agents balances charged off 4150 auditing 23400 office expenses 90952 agency expenses 11210 exchange and coll charges 9895 special com 3otoo advances 91758 total 46 Total disbursements IV Ledger Assets 1 Book value of real estat e 2 Mortgage loans on real estate 220 00 111679 13 13072 64 85 71 12986 93 241 41 13228 34 9606 44 13685 54 6849 93 3 00 15 00 1210 00 3039 64 425 80 2032 87 2372 20 1159 50 560 35 2616 41 56805 02 500 00 40000 00876 CoMPTROLLERG ENERAL s R EPORT 3 Loans secured by pledge of bonds 1000 01 4 Book value of bonds excluding interest 217110 47 5 Cash in companys office 267883 deposited in banks 848958 total 11168 41 ti Bills receivable 1092 65 7 Other ledger assets viz Time certificates of deposit 17s32 OS 9 Accounts received Cantrell Chipley 1564 90 11 Ledger assets 290209 1 1 12 Interest accrued on mortgages 13 Interest accrued on bonds 14 Interest accrued on collateral loans 15 Interest accrued on other assets XonLedger Assets Total 19 Gross premiums in course of collection viz On policies or renewals issued sub sequent to Oeeober 1 1911 Accident 257556 health 172914 liability 976516 fidelity 24098 surety 1 78473 plate glass 99401 burglary and theft 17698 workmen collective 224401 auto property damage 59790 total On policies or renewals issued prior to Oc tober 1 1911 Accident 56436 health 3212 liability 141377 fidelity 4871 surety 2410 auto property damage 2282 total Total 1550 91 2762 11 240 00 771 36 20108 10 2395 43 14 Other nonledger assets Supplies and stationery 2 57550 advances to agents 240292 furniture and fixtures 2726495 5328 78 22503 93 7303 37 7 dross assels 325401 19 Deduct Assets Not Admitted 39 Bills receivable 1092 65 40 Furniture and fixtures 2204 95 41 Supplies printed matter and stationery 2171 10 42 Loans on persona security endorsed or collateral 1000 00 43 Gross premiums in course of collection writ ten prior to October 1 1911 2391 43ComptrollerGenerals Eeport 44 Book value of ledger assets over market value viz Accounts received Cantrell Chipley 151490 advances to agents 246292 total 877 4027 82 Total 51 Admitted assets VLiabilities 1 Losses and claims adjusted Accident Losses and claims in process of adJBStHUfflt Aecrdent 55599 health 36787 plate glass 13980 auto property damage 4975 total 3 Total losses and claims Accident 417099 health 36787 plate glass 13980 auto property damage 4975 total 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 4445195 un earned premiums 50 per cent mi dross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 153037 un earned premiums pro rata 22221 98 797 IS 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on pohcies sequent to October 1 1911 viz Accident 85893 health 57387 liability 253015 fldehty 5469 surety 45714 plate glass 34697 burglary and theft 4621 workmens collective 56100 auto property damage 16613 total V U 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 01W 44 Surplus over all liabilities V 45 Surplus as regards policyholdere 46 Total liabilities 13356 35 312048 84 3615 00 1113 41 4728 41 5246 31 9974 72 23023 16 5595 09 1284 72 809 37 40187 08 271861 78 312048 84ComptbollebGenebals Repobt Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Accident 3471 71 health 3004 75 liability 484763 fidelity 159894 surety 412557 plate glass 113140 burglary and theft 33936 workmens collective 5096 auto property damage 14284 total Gross losses paid Accident 145428 health 209247 liability 65195 plate glass 28937 auto property damage 33033 total 18613 16 4S18 40 GREAT EASTERN CASUALTY COMPANY OF NEW YOEK Louis H libel President Thomas II Darling Secretary Home Office 55 John Street New York City George P Dickson Atlanta Attorney for Service in Georgia LCapital Stock 1 Amount of capital paid up in cash 250000 00 2 Amount of ledger assets as per balance December 31 of previous year 7270 41 Extended at I 1 Income 1 Gross premiums written and renewed during the year Accident 46376188 health 21290766 plate glass 6434130 burglary and theft 10908929 workmens collective 00897 total 2 Deduct reinsurance Accident 1719701 health 10000 plate glass 63096 burglary and theft 782985 total 3 Deduct return premiums on policies ran celled Accident 575428 health 2 34107 plate glass 139302 burglary ami theft 288007 total 4 Deduct premiums on policies not taken Accident 9102909 health 4720653 plate glass 1913928 burglary ami theft 2407302 total 181448 02 25757 82 12371 04 733270 41 850769 10 5 Total deductions Wident 11398038 health 19 64660 plate glass 2116336 burglary and theft 3478954 total 219 579 88 Net premiums Accident 34978150 health 103 20100 plate lass 4317800 burglary ami theft 7129975 workmens collective 66897 tidal 631189 2sComptrollerGenerals Report 20 Policy fees required or represented by applications 22 Gross interest on mortgage loans 24 Gross interest on bonds and dividends on stocks less 6389 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust com panies and banks 6263 20 17936 11 787 26 30 Total gross interest and rents 39 Total income 1IIDisbursements 1 Gross amount paid for losses Accident 10643324 health 5816505 plate glass 2658952 burglary and theft 2135519 workmens collective 6562 total 2 Deduct reinsurance Accident 390179 plate glass 2945 burglary and theft 147326 total M4 50 3 Deduct salvage Plate glass 12 5 4 Total deduction Accident 390179 plate glass 5 20150 burglary and theft 47326 total 5 Net amount paid policyholders for losses Accident 10253145 plate glass 2138802 burglary and theft 2088193 workmens collective 6562 total 17 Investigation and adjustment of claims viz Accident 249884 health 23379 burglary and theft 1 13816 total 22 Policy fees retained by agents 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 12529806 health 5459000 plate glass 1365683 burglary and theft 2450619 total 28 Salaries fees and all other compensation of officers directors 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 34 Taxes on real estate 35 State taxes on premiums 42 Legal expenses 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 879 27172 16 24986 57 683348 01 21260862 9576 55 203032 07 3870 79 27172 16 218010 08 68616 68 8795 86 1481 70 166 96 7310 00 8926 24 3507 07 3559 65 2958 59 14020 10 6980 36880 ComptrollerGenerals Keport 46 Furniture and fixtures 4325 23 47 Stockholders for interest or dividends amount declared during the year 2000000 20000 00 48 Other disbursements viz General expense 47251 journal subscriptions 24715 traveling expense 6 21450 total 11186 86 53 Agents balances charged off 1116 22 56 Total disbursements 615036 62 IVLedger Assets 2 Mortgage loans on real estate first liens 169000 00 4 Book value of bonds 39179500 and stocks 8475375 total 476548 75 5 Cash in companys office 8479 63 6 Deposits in trust companies and banks on interest 46751 68 Total 55231 31 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 42 18419 health 2932272 plate glass 710291 burglary and theft 14 98042 total 93590 24 Ob policies or renewals issued prior to October 1 1911 Accident 283562 health 182978 plate glass 79837 burglary and theft 175373 total 7217 50 Total 100807 74 30 Ledger assets 801587 80 NonLedger Assets 31 Interest on mortgages 2293 87 32 Interest on bonds 3 gjg 75 34 Interest on other assets viz Bank de posits 83 21 Total 6195 88 39 Market value not including interest in item 32 of stocks over book value 2 046 25 43 Gross assets 809829 88 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 7217 50CompteolleeGeneeals Bepoet 881 51 Book value of lodger assets over market value viz Bonds 17870 00 Total 56 Admitted assets 25087 50 784742 38 VLiabilities Losses and claims reported or in process of adjustment Accident 1536455 health 107725 plate glass 101508 burglary and theft 493600 total 3 Losses and claims resisted Accident 884800 health 33000 burglary and theft 451000 total 4 Total losses and claims Accident 2421255 health 1110253 plate glass 101508 burglary and theft 945200 total 5 Deduct reinsurance Accident 29284 plate glass 467 total 0 Net unpaid claims except liability claims Accident 2391971 health 1110253 plate glass 100341 burglary and theft 945200 total 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 35000 burglary and theft 20000 total 8 Total losses and claims Accident 2425971 health 1110253 plafe glass 100341 burglary and theft 965200 total 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 43830055 unearned premiums fifty per cent 22 Cross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 19 27515 unearned premiums pro rata 219150 28 13936 78 23 Total unearned premiums 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies viz Acci dent 1791924 health 1237417 plate glass 2 36763 burglary and theft 509334 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 32088 16 L3694 00 45782 16 304 51 45477 65 550 00 46027 65 37754 38 37754 35 1300 00 10000 00882 ComptrollerGenerals Report 35 Eeinsurance 4 203 27 36 Advance premiums one hundred per cent 11516 48 46 Total amount of all liabilities except capital 343888 84 47 Capital actually paid up in cash 250000 00 48 Surplus over all liabilities 190853 54 49 Surplus as regards policyholders 440853 54 50 Total liabilities 784 742 38 Business in the State of Georgia During the Year Gross premiums on risks written or renewed during the year Accident 424956 health 3101332 plate glass 1200 total 7364 88 Gross losses paid Accident 67480 health 100070 total 1675 50 THE GUARANTEE CO OF NORTH AMERICA OF MONTREAL CANADA Hartland S MacDougall President Richard 15 Scott Secretary Home Office 57 Beaver Kail Hill Montreal Canada W V Custer Bainbridge Attorney for Service in Georgia TCapital Stock 1 Amount of capital paid up in cash 304601 01 2 Amount of ledger assets as per balance December 31st of previous year 1588829 22 Extended it 1588829 22 11Income 1 Gross premiums unpaid December 31 last year Fidelity 4 2 Gross premiums written and renewed during the year Fidelity Fidelity 5377 41 262312 40 3 Total Fidelity 267689 81 4 Deduct gross premiums now in course of collection 7656 91 5 Entire premiums collected during the year Fidelity 260032 86 6 Deduct reinsurance return premiums and cancellations Fidelity 34271 58 7 Total net cash actually received for premiums 225761 28ComptrollerGeneral s Report 883 22 Interest on bonds and dividends on stock 23 Interest on deposits in banks and trust companies 24 Interest from all other sources 25 Gross rents from companys property in cluding 225000 for companys oceu pancy of its own buildings 37332 16 6347 55 2920 11 2732 18 26 Total interest and rents 27 Profit on sale or maturity of ledger assets viz Brook lyn bonds matured 32 Prom all other sources viz Suspense account items 38 Total income IIIDisbursements 1 Gross amount paid for losses Fidelity 2 Deduct salvage and reinsurance Fidelity 3 Net amount paid policyholders for losses Fidelity 4 Investigation and adjustment of claims Fidelity Totals Fidelity 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 19 Stockholders for interest or dividends amount declared during the year 2436800 20 Salaries fees and all other compensation of officers directors trustees and home office employees 21 Salaries traveling and all other expenses of agents not Iaid by commissions 23 Inspections other than medical 24 Rents including225000 for companys occupancy of its own buildings 25 Repairs and expenses other than taxes on real estate 26 Taxes on real estate 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and statiry 31 Postage and express 32 Furniture and fixtures 37 All other disbursements viz Sundry office expenses 390705 notarial fees and fees to trustees 25210 total 79332 00 1000 00 104 30 306197 58 77623 10 31725 93 45897 17 2881 06 48778 23 20693 77 24368 00 68815 45 22184 39 20857 35 8650 43 796 96 913 78 4612 92 1156 92 2048 15 3628 19 4747 82 231 75 4159 15 46 Total disbursements 236649 26884 ComptrollerGenerals Report IVLedger Assets 1 Book value of real estate 4 Book value of bonds excluding interest 56522930 ami book value of stocks 79425204 total 5 Cash in companys office 50754 deposited in banks 24792077 total 45900 id 252996 20 II Ledger assets 1658377 54 ii Interest accrued on bonds 15 Interest accrued on other assets NonLedger Assels 6354 11 511 G Total 18 Market value not including interest in item II of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued sub sequent to October 1 1911 Fidelity 5618 21 On policies or renewals issued prior to October 1 1911 Fidelity 2038 74 6855 74 25657 8 Total 656 I 7 dross assets 4t Deduct Assets Not Admitted dross premiums in course f collection written prior to October 1 1911 VLiabilities Losses and claims in process of adjustment Fidelity 1698548 Mi 2038 71 19555 01 15 17 18 19 20 Net unpaid claims except liability claims 19553 mi Special reserve for claims and expenses to accrue on excise bonds expired 30th September 1911 3150 op Total unpaid claims and expenses of settlementj dross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 21779702 unearned premiums 50 per cent 108898 51 dross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 472929 unearned premiums pro rata 22705 1 hi 4729 29 21 Total unearned premiums 113027 SOComptrollerGenerals Report 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1911 viz Fidelity 26 Salaries rents expenses taxes bills accounts tees etc due or accrued 33 Other liabilities viz Estimate for State and other taxes 306917 surplus reinsurance reserve 13954 contingency provision 2500000 total 42 Total amount of all liabilities except capital 219654 U 43 Capital actually paid up in cash 304600 00 ill Utilities 1172254 8 885 382 85 11730 18 71208 71 44 Surplus over a 45 Surplus as regards polcyholders 46 Total liabilities Business in the State of Georgia During the Year 1476854 78 1696509 32 Gross premiums received on risks written or renewed during the year Fidelity 59 50 THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY OF HARTFORD CONNECTICUT t t A fnt Chas S Blake Secretary Ivman B Brainerd President Home Office 56 Prospect Street Hartford Connecticut Win A Wright Atlanta Attorney for Service in Georgia Capital Stock 1 Amount of capital paid up in cash 1100000 00 2 Amount of ledger assets as per balance December 31 of previous year 490497W Extended at 4904972 20 IIIncome 1 Gross premiums written and renewed during the year Steam boiler 151371671 fly wheel 5181772 total 1565534 4 2 Deduct reinsurance Steam boiler 88678 fly wheel 8000 total 9m s 3 Deduct return premiums on policies can celled Steam boiler 13054317 fly wheel 320866 total 886 COMPXBOLLEBG EN ERAL s REPORT 4 Deduct premiums on policies not taken Steam boiler 6508475 fly wheel 3 04789 total 68132 64 5 Total deductions Steam boiler 19651470 fly wheel 633655 total 6 Net premiums Steam boiler 131720201 fly wheel 4548117 total 21 Inspections 22 Gross interest on mortgage loans less 89512 accrued interest on mortgages acquired during 1911 24 Gross intereston bonds and dividends on stocks less 54378 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust com panies and banks 26 Gross interest from all other sou ices viz Interest on real estate 27 From delinquent premiums 29 Gross rents from companys property in eluding 500000 for companys occu pancy of its own buildings g 240 26 202851 25 1362683 18 20514 52 59687 80 171347 44 1715 07 89 60 25 1 1 30 Total gross interest and rents 37 Gross profit on sale or maturity of ledger assets viz Bonds 241111 28 1100 00 39 Total income 1625408 98 ITTDisbursement s 1 Gross amount paid for losses Steam boiler 17310921 fly wheel 212 197 total 5 Net amount paid policyholders for losses Steam boiler 17310921 fly wheel 242497 total 17 Investigation and adjustment of claims viz Steam boiler 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Steam boiler 17214823 fly wheel 629 15 total 28 Salaries fees and all other compensation of officers directors trustees and home office employees 29 Salaries traveling ami all other expenses ofagents not paid by commissions 31 Inspections other than medical and claim 32 Bents including 500000 for companys occupancy of its own buildings 175534 18 175534 18 16 12 73 178441 68 053 1s 96 290703 59 515374 95 5000 00ComptrollerGenerals Report 83 Repairs and expenses other than taxes on real estate 7134 57 34 Taxes on real estate 22300 45 35 State taxes on premiums 7065 lg 36 Insurance department licenses and tees 37 AH other licenses fees and taxes viz Federal corpora tion tax and State Connecticut corporation tax 1 94559 municipal taxes 239326 total V gP 42 Legal expenses 1431 84 43 Advertising 16766 14 44 Printing and stationery oo 507 67 45 Postage telegraph telephone and express 3183 40 46 Furniture and fixtures 47 Stockholders for interest or dividends amount declared during the year 12000000 4S Other disbursements viz Office expenses 59651 1461587 25 56 Total disbursements IVLedger Assets 91100 00 1 Book value of real estate 1166 360 00 2 Mortgage loans on real estate first hens 4 Book value of bonds 265040658 and stocks 565 31336 total 782 96 5 Cash in company a office 7 Deposits in trust companies and banks on 159113 68 interest s Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Steam boiler 256 00919 fly wheel 744414 total 263453 66 On policies or renewals issued prior to October 1 1911 Steam boiler 125 09026 fly wheel 237715 total l4 4 390920 74 24 Total 43796 61 27 Cash in course of t ransmission 5068793 93 30 Ledger assets Non Ledger Assets 4 i 1 22 31 Interest accrued on mortgages JJ 82 Interest accrued on bonds 71052 02 Total i888 ComptkollerGenebals Bepobt 39 Market value not including interest in item 32 of bonds and stocks over book value 33 496 06 43 Gross assets 5173342 01 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October lj 1911 127457 41 56 Admitted assets j 5145874 00 VLiabilities 2 Losses and claims reported or in process of adjustment Steam boiler 10207253 fly wheel 40000 total 102472 53 4 Total losses and claims Steam boiler 1020725 fly wheel 40000 total 47l 0 Net unpaid claims except liability claims Steam boiler 10207253 fly wheel 40000 total 102 472 53 8 Total losses and claims Steam boiler 102 072 53 fly wheel 40000 total W2m 20 Total unpaid claims and expenses of set I lenient 10247 53 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1127218 unearned premiums fifty per cent 56360 02 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 380 43759 unearned premiums pro rata 1985857 29 23 Total unearned premiums 2 042 218 2 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1911 vi Steam boiler 51 20184 fly wheel 11888 total 0 30 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 38 Special and contingent reserve on accountofthe assumed liability for guaranteeing the faithful performance by the Boiler Inspection Insurance Co of Canada of its covenants and obligations assumed under certain policies issued by that companythis companys pro COMPTKOLLEKG ENERAL S REPORT portion of the total premiums pertaining to such poli cies viz 416154 being 20 per cent of 203 07715 the pro rata reserve thereon amounting to 889 22101 65 46 Total amount of all liabilities except capital 2244 Ob 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 1801301 54 49 Surplus as regards policyholders 2801301 54 50 Total liabilities Business in the State of Georgia During the Year Gross premiums less return premium on risks written or re newed during the year Steam boiler 1842109 fly wheel 47497 total Gross losses paid Steam boiler 5045874 60 18896 06 693 99 ILLINOIS SURETY COMPANY OF CHICAGO ILLINOIS A J Hopkins President Chas E Schick Secretary Home Office 134 So La Salle St Chicago Illinois W C Carter 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 611549 57 Kxtended at IIIncome 2 Cross premiums written and renewed during the year Fidelity 12700907 snret 31509661 total 61 15 19 57 442105 6S 3 Total Fidelity 12700907 surety 31509661 total 442105 68 6 Deduct reinsurance return preniiuins and cancellations Fidelity 3615422 surety 5240963 total 88563 85 miums Fidelity 9085485 surety 262 18 Total net pre 68698 total 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources 551 68 2 2i2 99 26 Total interest and rents 353541 83 13154 67890 ComptrollerGenerals Report 32 From all other sources vi Brokerage on business placed with other companies 692917 gross increase by adjustment in book value of ledger assets bonds 9648 total 7025 65 38 Total income 373722 15 111Disbursements 1 Gross amount paid for losses Fidelity 3085699 surety 10091327 total 131770 26 2 Deduct salvage and reinsurance Fidelity 1768024 surety 1620594 total 33886 18 3 Net amount paid policyholders for losses Fidelity 13 17675 surety 8470733 total 97884 08 4 Investigation and adjustment of claims Fidelity 38112 surety 109131 total 1472 43 5 Totals Fidelity 1355787 surety 8579864 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity 1821615 surety 4870926 total 19 Stockholders for interest or dividends amount declared during the year 1500000 20 Salaries fees and all other compensation of officers directors trustees and home office employees 24 Rents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Gross decrease by adjustment ill book value of ledger assets bonds 37 All other disbursements viz Agency expense 214611 development expense 428481 exchange 10413 general expense 672001 premium bond expense 70634 excise com and exp 1565104 advance for expense 60000 interest returned on collateral de posits 4610 traveling expense 25000 total 46 Total disbursements IV Ledger Assets 4 Hook value of bonds excluding interest 5 Cash in companys office 6425 deposited in banks 5277244 total wr6 51 66925 41 15000 00 39069 35 4812 50 7741 75 18008 13 2913 94 842 06 6271 00 1057 52 220 72 30509 44 300329 33 432249 41 52836 69 ComptrollerGenerals Eeport 6 Bills receivable 7 Other ledger assets viz Advance on contracts 23 67225 suspense 46252 personal ledger accts 1 11132 due from excise committee 3670471 pre miums in course of collection 13482318 total 11 Ledger assets 891 3082 31 196773 98 684942 39 NonLedger Assets 13 Interest accrued on bonds 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Fidelity 1749765 surety 6745460 total On policies or renewals issued prior to October 1 1911 Fidelity 1179158 surety 3807935 total 84952 25 49870 93 33 Total 37 39 43 44 Deduct Assets Not Admitted Bills receivable Gross premiums in course of collection written prior to October 1 1911 Book value of ledger assets over mark el value viz Bonds 837941 advances on contracts 2367225 suspense 46252 personal ledger accounts 1 11132 total 3082 31 49870 93 33625 50 51 Total Admitted assets VLiabilit ies Losses and claims reported proofs not received process of adjustment Fidelity 261861 surety 1775171 15 18 total T bosses and claims resisted Fidelity 672924 surety 2650081 total unpaid claims except liability claims Fidelity 934785 surety 4425254 total 6467 10 134823 18 691409 49 86578 74 604830 75 20370 34 33230 05 53600 39 Total unpaid claims and expenses of settlement 53600 39892 ComptrollerGenerals Report Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy written in N Y State 5270899 unearned pre miums surety five per cent 39531 74 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 25691782 unearned premiums 50 per cent 128458 91 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 882056 unearned premiums pro rata 7456 99 21 Total unearned premiums 1 75147 04 22 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued subsequent to October 1 1911 viz Fidelity 5 24930 surety 2023638 total 25485 68 26 Salaries rents expenses luxes bills accounts fees etc due or accrued 946 23 31 Reinsurance 9120 92 42 Total amount of all liabilities except capital 214lion si 411 Capital actually paid up in cash 250000 00 44 Surplus over all liabilities 90229 89 45 Surplus as regards policyholders I40229 si 46 Total liabilities 604 830 75 Business in the Stale of Georgia During the Year Gross premiums received on risks written or renewed during the year Fidelity 220367 surety 66514 total 2Mis si INTERNATIONAL CASUALTY COMPANY OF SPOKANE WASH has P Hitter President c p Lindsley Secretary Home Office 8th Floor 111 National Hank Bllg Spokane Washington ICapital Stock 1 Amount of capital paid up in cash 326225 00 2 Amount of ledger assets as per balance December of previous year 326 225 00 Extended at 326225 00ComptrollerGenerals Eeport 893 IIIncome I Gross premiums written anI renewed during the year Ac cident 262259 health 202791 liability 242405 collision 585725 physicians 18000 lire and theft 1368350 auto property damage 46610 total 2 Deduct reinsurance Accident 18000 health 10500 total 285 00 ivdnct return premiums on policies can celled Accident 854 health 854 Liability 17819 collision 22697 fire and theft 227490 auto property damage 3006 total 2727 20 4 Deduct premiums on policies not taken Accident 29584 health 42416 liability 22065 collision 207525 physicians 10000 fire and theft 2 93780 auto property damage 1360 6067 30 total 5 Total deductions Accident 48438 health 53770 liability 39884 collision 230222 physicians 10000 fire and theft 521270 auto property damage 4366 total 6 Net premiums Accident 732549 health 667749 liability 202521 collision 355503 physicians 8000 fire and theft 847080 auto property dan damage 42244 total 20 Policy fees required or represented by applications 30 Total gross interest and rents 31 From other sources Commissions and brokerages 63867 Surplus paid by stockholders 21076000 advance payments on stock not issued 285282 mortgage liability OD real estate 720000 total 39 Total income IIIDisbursements I Gross amount paid for losses Accident 151796 health 59041 liability 3950 collision 106786 lire and theft 7750 auto property damage 1560 total 22 Policy fees retained by agents 24 Accident 201208 health 190898 liability 72804 physician 1050 lire and theft 139560 auto property damage 1098 total 28 Salaries fees and all other comsatif officers direc tors trustees and home office employes 37635 96 9097 50 28556 46 7940 00 1512 48 221451 49 259460 43 3308 si 7940 00 0066 IS 14529 32814 ComptrollerGenerals Rkport 29 Salaries traveling and all other expenses of agents not paid by commissions 32 Rents 84 Taxes on real estate 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 IS Other disbursements Sundry expenses 1693 exchange 514 commission paid on sale of stock 8999987 investment expense 180447 accrued interest paid on investments 108766 total 56 Total disbursements IV Ledger Assets Book value of real estateif Mortgage loans on real estate first liens Loans secured by pledge of bonds stocks or other collaterals Book value of bonds 375000 and stocks 500000 Cash in companys office Deposits in trust companies ami banks not on interest Deposits in trust companies and banks on interest Premiums in coarse of collection viz On policies or renewals issued on or after October 1 1910 Accident commercial 191675 health commercial 156875 liability auto 26911 collision 20374 fire and theft 337990 auto property damage 15875 total 8497 00 On policies or renewals issued prior to Oc tober I 1910 Liability auto 100941 collision 121729 surety physicians 3000 fire and theft 13562 auto property damage 23144 total 2623 76 24 Total 25 Bills receivable 30 Ledger assets NonLedger Assets I Interest accrued on mortgages 7151 30 32 Interest accrued on bonds 103 10 33 Interest accrued on collateral loans 169 06 3061 66 1533 40 99 32 414 35 2975 00 829 60 2507 23 661 29 2235 75 93066 45 139228 38 52805 oo 241970 00 32850 00 8750 00 1 06 80465 45 18250 oo 11120 76 244 18 446457 05 Total 7423 55IP I ComptrollerGenerals Eeport 43 Gross assets 45 Bills receivable 40 Premiums in course of collection written prior to October 1 1910 244 18 262 76 Tbtal 55 Admitted assets VLiabilities 8 Total losses and claims Accident 91660 health 3500 fire and theft 295000 collision 56000 total 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1046420 unearned premiums 50 per cent 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 Aecident 66736 health 54906 liability 115557 fire and theft 11323 auto prop erty damage 14065 total 37 Other liabilities viz Contingent commission reserve 6 87966 state taxes on premium income 10464 mortgage liability on real estate 720000 advance payments onstock not issued 285282 total 46 Total amount of all liabilities except Capital rash 326225 00 95430 97 47 Capital actually paid up in 48 Surplus over all liabilities 49 Surplus as regards polieyholders 50 Total liabilities 895 453880 60 2867 94 451012 66 4461 60 5232 10 2625 87 17037 12 29356 69 421655 07 151012 66 INTERSTATE CASUALTY COMPANY OF BIRMINGHAM ALA Henry B Gray President E M Archibald Jr Secretary Home Office First National Hank Bldg Birmingham Ala Wm A Wright Attorney for Service in Georgia Capital Stock 1 Amount of capital paid up in cash 250000 00 2 Amount of ledger assets as per balance December 31 of previous year 376237 82 376 37 8 Extended at 896 CoMPTROl JERGeNEKAIjs REPORT I Ineome Gross premiums written nnI renewed hiring the year Ac cident 850130 health 738216 liability 6726502 fidelity 704467 surety 3513690 plate glass 4 76806 steam boiler 138970 burglary and theft 291005 fly wheel 21450 auto collision 659945 workmens collective 198971 total 143201 52 Deduct reinsurance return premiums and cancellations Accident 260494 health 236497 liability 18 96176 fidelity 122272 surety 577950 plate glass 111422 steam boiler 63595 burglary and theft 83132 auto collision 238894 workmens collective 151665 total 37420 97 3 Net premiums Accident 589636 health 501719 liability 4830326 fidelity 582195 surety 29 35740 plate glass 365384 steam boiler 75375 burglary and theft 207s7 fly wheel 21450 auto collision 421051 workmens collective 47306 total 20 Interest on mortgage loans 2190no 22 Interest on bonds and dividends on stock 13357 07 23 Interest on deposit 1818 34 20 Total interest and rents 32 From all other sources Collateral security on bonds 1 00000 good roads construction co 9108 total 105780 55 17300 01 1091 OS 38 Total income 500475 40 111 Disbursements 1 Iross amounl paid Im losses Accident 139232 health 129972 liability 2110893 surety 1447704 plate glass 128004 burglary and theft 18960 auto col lision 439482 workmens collective 46502 Inter State Accident Ins Co 1001 total 2 Deduct salvage and reinsurance Accident 6250 surety 712802 plate glass 4475 auto collision 279IS total 3 Xet amount paid policyholders for losses Accident 1 32982 health lj29972 liability 2110893 surety 734902 plate glass 123529 burglary and theft 18960 auto collision 411504 workmens collective 40502 Interstate Accident Ins Co 1000 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following lasses Accident 102729 health 123012 liability 9 20878 fidelity 144054 surety 678159 plate glass 44617 49 7514 45 17103 0495508 56700 13073 ComptrollerGenerals Keport steam boiler 22230 burglary and theft auto collision 78458 workmen collective fly wheel 4050 total 20 Salaries fees and all other compensation of officers doc tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 23 Inspections other than medical 27 Anothertaxeslicenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures disbursements Directors meetings 24851 sundry expenses 133123 bank deposits lost 6 10175 paid Otto Max Co 11481 agents balances charged off 101384 total 37 All other 46 Total disbursements IVLedger Assets 77 deposited in banks 2 Mortgage loans on real estate first liens 3 22 secured by pledge of bonds stocks or other collaterals 4 Book value of bonds excluding 5 Cash in companys office 2685817 i Bills receivable 8 Light deposit 8 Advance to agents 10 Premiums in course of collection 11 Ledger assets NonLedger Assets 12 Interest accrued on mortgages 13 Interest accrued on bonds 14 Interest accrued on collateral loans 15 Interest accrued on other assets 412 50 1942 75 154 77 114 34 Total 19 Gross premiums in course of collection viz On policies or renewals issued subse quent to Oct 1 1911 Accdt 141110 health 72721 liability 1410858 fidelity 89866 surety 290477 plate 897 22988 51 25251 95 3807 77 1125 00 687 54 1464 00 3577 77 2430 00 1585 31 2065 46 1480 04 821 94 8810 14 113198 47 33750 00 1980 00 287575 82 27304 94 1000 00 5 00 585 75 35075 48 387276 99 2624 36898 ComptbollebGenebals Eepoet glass 96223 steam boiler 35111 burglary and theft 55193 fly wheel 6450 auto collision 144690 work mens collective 17135 total 23598 34 On policies or renewals issued prior to Oc tober 1 1911 Accident 85040 health 56a07 liability 7778 06 fidelity 26925 surety 126349 plate glass 6202 steam boiler 8667 burglary and theft 925 auto collision 13750 workmens collective 45243 total 11477 14 37 Gross Assets Deduct Assets Not Admitted 389901 35 38 Loans on 39 Bills receivable 43 Gross1 premiums in course of collection writ ten prior to October 1 1911 44 Book value of ledger assets over market value viz Light deposits 500 advance to agents 58575 1980 1000 00 00 11477 14 590 75 Total 51 Admitted assets VLiabilities 1 Total losses and claims Accident 16 Special reserve for unpaid liability losses is 19 Total unpaid claims and expenses of settlement Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 9328866 un earned premiums 50 per cent 46544 29 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 308227 un earned premiums pro rata 919 22 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 viz Accidents 49385 health 21810 liability 352700 fidelity 26940 surety 87120 plate glass 33670 steam boiler 8775 burglary and theft 16530 auto collision 15047 89 374S53 46 137 50 20542 50 20680 00 47463 51ComptrollerGenerals Beport 899 36150 workmens collective 4250 fly wheel 41 fi 12 totl 33 Other liabilities viz Collateral security on bond 1000 00 Good Eoads Construction Co 9108 total 6389 42 1091 08 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 2dO000 00 75624 01 44 Surplus over all liabilities 45 Surplus as regards policyholders 46 Total liabilities 49229 45 299229 45 374853 46 Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Accident 148651 health 180471 liability J459407 fidelity 32225 surety 472079 plate lass 30960 steam boiler 7144 burglary and theft 3625 fly wheel 18000 automobile collision Pr 15417 total Gross losses paid Accident 39818 health 3764 labirty 134551 plate glass 8350 burglary and theft 975 automobile collision 74295 total 4679 79 2956 30 INTERSTATE LIFE AND ACCIDENT COMPANY OF CHATTANOOGA TENNESSEE I Whittle Secretary H D Huffaker President Home Office James Bldg Chattanooga Tenn Wm A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 105820 00 2 Amount of ledger assets as per balance December 31 of previous yeart 3 Increase of paidup capital during the year 187216 05 11380 00 Extended at 198596 05 ITIncome 1 Gross premiums written and renewed during the year Ac cident 2299201 health 2119017 plate glass 1 53155 burglary and theft 10000 total 45 2 Deduct reinsurance Accident 74039 health 74039 total 1480 78900 ComptrollerGenerals Report 3 Deduct return premiums on policies can celled 6946 health 5992 plate glass 1839 total 4 Deduct premiums on policies not taken Accident 145042 health 80434 plate glass 27156 total 147 77 2526 32 5 Total deductions Accident 226027 health 160465 plate glass 28995 total 6 Net premiums Accident 2073174 health 1958552 plate glass 124160 burglary and theft 10000 total 22 Gross interest on mortgage loans 5761 19 25 Gross interest on deposits in trust companies and banks 75 20 26 Gross interest from all other sources Bills receivable i 2354 03 4154 87 41658 86 30 Total gross interest and rents 31 Fromother sources Premiums from sale of stock 39 Total income IIIDisbursements 1 Gross amount paid for losses Accident 732661 health 692748 plate glass 24697 total 2 Deduct reinsurance accident 16043 health 34602 total 5 Net amount paid policyholders for losses Accident 7 16618 health 658146 plate glass 24697 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 767381 health 745415 plate glass 31938 total 28 Salaries fees and all other compensation of officers direc tors trustees and home office employes 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 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 8190 42 10636 80 60486 08 14501 06 506 45 13994 61 15447 34 9188 a 8068 6i 583 00 1400 65 1 57 271 50 1171 51 1813 71 813 90 ComptrollerGenerals Report 901 48 Other disbursements Commission on stock sales 353025 general expenses 219072 total gQ 53 Agents balances charged off 58918 67 56 Total disbursements IVLedger Assets 117760 00 2 Mortgage loans on real estate 1103 35 5 Cash in companys office 11421 57 6 Deposits in trust companies and banks not on interest 1JU1 7 Deposits in trust companies and banks on interest W 8 Premiums in course of collection viz On policies or renewals issued on or after Oc tober 1 1911 Accident 94629 health 94629 plate glass 20000 total ifiW 2092 58 24 Total 46695 60 25 Bills receivable capital stock 26 Other ledger assets viz Due from agents andothers 263833 stationery 120000 furniture 181645 0 200163 46 30 Ledger assets NonLedger Assets 31 Interest accrued on mortgages 4 q 36 Interest accrued on bills receivable 4942 52 Total 205105 98 43 Gross assets Deduct Assets Not Admitted 1 h 46695 60 45 Bills receivable capital stock 46 Furniture and fixtures 47 Supplies printed matter and stationery W 0 48 Loans on personal security endorsed or not 50340 25 Total 154765 73 56 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident 109490 health 19223 total 21 Gross premiums less reinsurance upon all running one year or less from date of policy 924604 unearned premiums fifty per cent902 ComptrollerGenerals Eeport 29 Salaries rents expenses bills accounts fees etc due or accrued 35 Reinsurance 43 Contingent reserve 46 Total amount of all liabilities except capitalj 47 Capital actually paid up in cash 105820 00 48 Surplus over all liabilities 35742 82 49 Surplus as regards policyholders 50 Total liabilities Business in Georgia During Year Gross premiums less return premium on risks written or re newed during the year Accident 196255 health 196255 total Gross losses paid Accident 39484 health 47634 total 3479 14 613 62 3200 00 13202 91 141562 82 154765 73 3925 10 871 18 LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK William T Woods President Charles E W Chambers Secretary Home Office Nos 61 and 63 William Street New York N Y Albigence L Waldo Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 250000 00 2 Amount of ledger assets as per balance December 31st of previous year 979328 18 Extended at 979328 18 IIIncome Corrected to Conform with our New York State Department Requirements and Statement 2 Gross premiums written and renewed during the year Plate glass 761663 01 3 Deduct return premiums on policies can celled Plate glass 5098136 4 Deduct gross premiums on policies not taken Plate glass 44838 22 5 Total deductions Plate glass 95819 58 18 Total net cash actually received for premiums 665843 43ComptrollerGenerals Bepoet 903 20 Interest on mortgage loans 22 Interest on bonds and dividends on stock 24 Interest from all other sources 25 Gross rents from companys property in cluding 1000000 for companys occu pancy of its own buildings 675 00 24349 66 102 93 19590 04 26 Total interest and rents 27 Profit on sale or maturity of ledger assets viz stocks 32 From all other sources viz Borrowed money 65 00 00 agents balances previously charged off 1579 totai 38 Total income 44717 63 15210 30 65015 79 790787 14 IIIDisbursements 1 Gross amount paid for losses Plate glass 2 Deduct salvage and reinsurance Plate glass 3 Net amount paid policyholders for losses Plate glass 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 19 Stockholders for interest or dividends amount declared during the year 5000000 20 Salaries fees and all other compensation ot officers directors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 24 Rents including 1000000 for companys occupancy of its own buildings 11 25 Repairs and expenses other than taxes on real estate 26 Taxes on real estate 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Bonds 41250 stocks 144776 decrease by adjustment in book value of stocks 277187 total 37 All other disbursements viz Borrowed money bS 00000 interest on borrowed money 161298 sundry accounts 698881 agents balances charged off 13 64438 total 255117 04 9149 07 245967 97 303630 28 50000 00 61732 89 1337 11 11039 92 6444 10 6717 66 16409 07 1624 83 3357 84 4800 87 6994 90 737 95 4632 13 87246 17 46 Total disbursements 812673 69904 ComptrollerGeneral s Report IVLedger 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 28128783 and book value of stocks 27811284 total 559400 67 5 Cash in companys office 493149 deposited in banks 2952862 total 34460 11 11 Ledger assets 854623 96 NonLedger Assets 12 Interest accrued on mortgages 337 50 13 Interest accrued on bonds 2824 05 15 Interest accrued on other assets 32 17 16 Rents accrued on company s property or lease 300 00 Total 17 Market value of real estate over book value 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Plate glass On policies or renewals issued prior to October 1 1911 Plate glass 85856 17 17961 51 33 Total 34 Other nonledger assets viz Salvage glass on hand 072695 sundry accounts 14500 total 3493 72 19236 82 102817 68 6871 95 37 Gross assets 987044 13 Deduct Assets Not Admitted 40 Salvage glass on hand 41 Sundry accounts 43 Gross premiums in course of collection written prior to October 1 1911 44 Book value of ledger assets over market value viz Bonds 1214983 stocks 4045684 total Total 51 Admitted assets 6726 95 145 00 16961 51 52606 67 76440 13 910604 00 VLiabilities 1 Losses and claims adjusted Plate glass 17732 74ComptrollerGeneral s Report 2 Losses and claims in process of adjustment Plate glass 905 15397 65 15 Net unpaid claims except liability claims 18 Total unpaid claims and expenses of settlement 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 51801386 unearned premiums 50 per cent 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 183 00480 unearned premiums pro rata 33130 39 33130 39 259006 93 91124 28 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 1911 viz Plate glass 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 30 Return premiums 33 Other liabilities viz Estimated amount hereafter pay able for federal State and other taxes based upon the business of the year of this statement 350131 21 28618 72 14 32 281 43 8000 00 42 Total amount of all liabilities except capital 420176 07 43 Capital actually paid up in cash 44 Surplus over all liabilities 240427 93 45 Surplus as regards policy holders 490427 93 46 Total liabilities Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Plate glass Gross losses paid Plate 910604 00 1346 46 275 40 UNITED STATES BRANCH OF THE LONDON GUARANTEE AND ACCDDENT CO LTD OF LONDON ENGLAND F W Lawson General Manager Home Office for the United States 134 So La Sail St Chicago HI J L Riley Atlanta Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash statutory de posit 500000 00906 ComptrollerGenerals Report 2 Amount of ledger assets as per balance December 31st of previous year 2728254 73 Extended at 2728254 73 IIIncome Gross premiums unpaid December 31 last year 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 Gross premiums written and renewed during the year Accident 10917636 health 1668561 liability 2 94322458 steam boiler 3974338 burglary and theft 12453452 credit 39266567 auto property damage 13436142 workmens collective 13248779 total 3892879 33 3 Total Accident 12312795 health 2045683 liability 345576331 steam boiler 4544655 burglary and theft 14202872 credit 39266567 auto property damage 14742322 workmens collective 145 52106 total 4472433 31 4 Deduct gross premiums now in course of collection Accident 1736995 health 426144 liability 608 54989 steam boiler 884152 burglary and theft 2645497 auto property damage 2785261 work mens collective 2053129 total 713861 67 5 Entire premiums collected during the year Accident 10575800 health 1619539 liability 284721342 steam boiler 3660503 burglary and theft 115 57375 credit 39266567 auto property damage 11957061 workmens collective 12498977 total 3758571 64 6 Deduct reinsurance return premiums and cancellations Accident 2719910 health 506255 liability 463 01614 steam boiler 1729826 burglary and theft 3155407 credit 747525 auto property damage 2889700 workmens collective 1892535 total 590427 72 18 Total net cash actually received for premiums 3159143 92 22 Interest on bonds and dividends on stock 94493 66 23 Interest on deposit 1795 46 24 Interest from all other sources 40 47 26 Total interest and rents 96329 59 32 Prom all other sources viz From agents balances pre viously charged off 2763 67 38 Total income 3258237 18ComptbollebGenebals Bepoet 907 IIIDisbursements 1 Gross amount paid for losses Accident 4027632 health 585757 liability 104183353 steam boiler 216143 burglary and theft 3650406 credit 313 19059 auto property damage 2631746 workmens collective 5928134 total 1525422 30 2 Deduct salvage and reinsurance Accident 1114546 health 61536 liability 4531 burglary and theft 271741 credit 5996355 total 74487 09 3 Net amount paid polieyholders for losses Accident 2913086 health 524221 liability 104178822 steam boiler 216143 burglary and theft 3378665 credit 25322704 auto property damage 2631746 workmens collective 5928134 total 4 Investigation and adjustment of claims Accident 1 34925 health 18402 liability 38677113 burglary and theft 121250 credit 436097 auto property damage 143863 total 1450935 21 395316 50 5 Totals Accident 3048011 health 542623 liability 142855935 steam boiler 216143 burglary and theft 3499915 credit 25758801 auto property damage 2775609 workmens collective 5928134 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2706790 health 394240 liability 643 33994 steam boiler 534956 burglary and theft 2820795 credit 12058305 auto property damage 2477502 workmens collective 2398927 total 19 Stockholders for interest or dividends amount declared during the year remitted home office 20 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 Inspections other than medical 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 37 All other disbursements viz Office and general 8 91310 exchange 62366 bureau subscriptions 4 60231 total 1846251 71 21 23 24 877255 09 96329 59 93352 73 78351 20 31222 35 8588 81 53821 73 3755 52 10576 18 18540 64 4975 35 3090 06 14139 07 46 Total disbursements 3140250 03908 ComptrollerGenerals Report IVLedger Assets 4 Book value of bonds excluding interest 2507773 96 5 Cash in companys office 914006 deposited in banks 30033692 total 309476 98 7 Other ledger assets viz Sundry debtors 12129 agents balances subject to adjustment 2243701 cash in hands of branch claim departments 094399 traveling expense 48865 total 28990 94 11 Ledger assets 2846241 88 NonLedger Assets 13 Interest on bonds 32279 47 19 Gross premiums in course of collection viz On policies or renewals issued subsequent to October 1 1911 Acci dent 1444687 health 363289 liability 51075647 steam boiler 7 53597 burglary and theft 2521361 auto property damage 2408471 workmens collective 1935241 total 605022 93 On policies or renewals issued prior to October 1 1911 Accident 292308 health 62855 liability 9779342 steam boiler 130555 burglary ami theft 124136 auto property damage 376790 workmens collective 1 17888 total 108838 74 33 Total 713861 67 37 Cross assets 3592383 02 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1911 108838 74 44 Book value of ledger assets over market value viz 14204961 agents balances subject to adjustment 2243701 traveling expense 48865 total 164975 27 51 Admitted assets 3318569 01 VLiabilities 2 Losses and claims in process of adjustment Accident 3572700 health 172500 steam boiler 62500 burglary and theft 858100 credit on policies ex piring prior to October 1911 14100 auto propertyComptrollerGenerals Report 909 damage 365000 workmens collective 848800 total 4 Losses and claims resisted Accident 2625000 bur glary and theft 100000 credit on policies expiring prior to October 1911 3580000 total 5 Total losses and claims Accident 6197700 health 172500 steam boiler 62500 burglary and theft 958100 credit on policies expiring prior to October 1911 4990000 auto property damage 365000 workmens collective 848800 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 1911 being 50 per cent of 11367375 gross premiums received on said policies less 1287602 paid during said months on losses under said policies 72896 00 63050 00 135946 00 14742 00 121204 00 997518 00 43960 00 18 Total unpaid claims and expenses of settlement 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 218117643 unearned premiums 50 per cent 1090588 22 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 252 83080 unearned premiums pro rata 133098 68 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 19 viz Accident 5 05640 health 127150 liability 14045803 steam boiler 226078 burglary and theft 882476 auto property damage 662330 workmens collective 483810 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 32 Advance premiums 100 per cent 33 Other liabilities viz Special reserve for accrued losses on credit policies in force Dec 31 1911 being fifty per cent of 16338284 earned premiums on said poli cies 1162682 00 1223686 90 169332 87 31323 51 1120 00 81691 00 42 Total amount of all liabilities except capital 910 ComptrollerGeneral s Report 43 Capital actually paidup in cash statutory deposit 500000 00 44 Surplus over all liabilities 148732 73 45 Surplus as regards policyholders 648732 73 46 Total liabilities 3318569 01 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 435138 health 120571 lia bility 2270244 steam boiler 48500 burglary and theft 84493 auto property damage 268028 work men s collective 30391 total 32573 65 Gross losses paid Accident 266017 health 73086 liability 1972895 burglary and theft 2600 auto property damage 88416 workmens collective 19602 total 24226 16 LOYAL PROTECTIVE INSURANCE COMPANY OF BOSTON MASS L Augustus Allen President Francis P Parks Secretary Home Office 585 Boylston Street Boston Massachusetts Wm A Wright Attorney for Service in Georgia TCapital Stock 1 Amount of capital paid up in cash 100000 00 2 Amount of ledger assets as per balance December 31 of previous year 327275 85 Extended at 327275 85 IIIncome 1 Gross premiums written and renewed during the year Ac cident and health 3 Deduct return premiums on policies cancelled Accident and health 493712 84 1607 80 6 Net premiums Accident and health 20 Policy fees required or represented by applications 24 Gross interest on bonds and dividends on stocks less 3000 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust companies and banks 29 Gross rents from company g property 36 From agents balances previously charged off 492105 04 47278 00 9570 00 1609 85 120 00 181 76 39 Total income 550864 65ComptrollerGenerals Eeport 911 IIIDisbursements 5 Net amount paid policyholders for losses Accident and njl Zvj oUX 5 health 17 Investigation and adjustment of claims viz Accident and health 677548 total 46957 50 22 Policy fees retained by agents 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes e 25914 33 Accident and health 28 Salaries fees and all other compensation of officers diree tors trustees and home office employees 44i M 29 Salaries traveling and all other expenses of agents not paid by commissions g20 gQ 30 Medical examiners fees and salaries 4 130 04 32 Rents 7940 90 35 State taxes on premiums g7 36 Insurance department licenses and fees 37 All other licenses fees and taxes Federal corporation tax 19780 care and custody of funds Mass 50 Wis 35 cents Mass Sec of State Jurats 125 copies of charter 10 corporation tax Cali 25 Tenn 20 agents tax and license fees Tenn 25 111 1 City of Chicago 1075 5 737 31 42 Legal expenses 1314 88 43 Advertising 8 771 64 44 Printing and stationery Q9 45 Postage telegraph telephone and express 46 Furniture and fixtures Y 47 Stockholders for interest or dividends amount declared during the year 1000000 48 Other disbursements Insurance and bonding companies 207 25 exchange 18419 subscription to ins journal and association 92756 traveling expenses 50630 office supplies 113434 badges 42684 cost of premium collection 2119725 consulting actuary 300 safe deposit box 10 petty cash 19429 total 25088 02 53 Agents balances charged off 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 526933 27 56 Total disbursements IVLedger Assets 4 Book value of bonds 234665 39 and stocks 1930000 253965 39 5 Cash in companys office 7 Deposits in trust companies and banks on interest 9tdl 40 m 351207 23 Total 912 CoMPTROLLEHGeSTEBAL s REPORT XonLedger Assets 32 Interest accrued on bonds 3084 06 Total 39 Market value of bonds and stocks over book value 8 Total losses and claims Accident and health 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 13345750 un earned premiums pro rata 88971 67 Total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 36 Advance premiums one hundred per cent 37 Other liabilities viz Care and custody of funds 5035 excess of special deposits over liabilities 11610 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 100000 00 48 Surplus over all liabilities 90764 96 49 Surplus as regards polieyholders 50 Total liabilities 3084 06 284 61 43 Gross assets 354575 90 YLiabilities 2 Losses and claims reported or in process of adjustment Accident and health til 877 92 6 Estimated expenses of investigation and adjustment of claims Accident and health j38 10 62516 Hi 88971 67 300 00 8195 80 3661 00 166 45 163810 94 190764 96 Business in Georgia During Year 354575 90 Gross premiums less return premiums on risks written or re newed during the year Accident Gross losses paid Accident 1741 00 881 00ComptkollerGenebals Keport 913 MARYLAND CASUALTY COMPANY OP BALTIMORE MARYLAND John T Stone President James F Mitchell Secretary Home Office Baltimore Maryland Aaron 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 as per balance December 31 of previous year 5765883 83 Exte nded at 5765883 83 76514 71 IIIncome 1 Gross premiums written and renewed during the year Ac cident 96087522 health 37382668 liability 3 06523964 fidelity 13938136 surety 27429148 plate glass 38397118 steam boiler 31762214 burglary and theft 38225428 sprinkler 21028888 fly wheel 3345437 automobile property damage 12638434 workmens collective 7328003 physi cians defense 4174271 total 63826612 31 2 Deduct reinsurance Accident 3956916 health 1313374 liability 42069 fidelity 1129006 surety 495077 plate glass 2371 burglary and theft 624204 sprinkler 88454 total 3 Deduct return premiums on policies can celled Aecdt 238625 health 92260 liability 16252762 fidelity 196679 surety 409161 plate glass 334454 steam boiler 539864 burglary and theft 165025 sprinkler 226944 fly wheel 32866 automobile property damage 988993 workmens collective 574141 physicians defense 6038 total 4 Premiums on policies not taken Accident 14853000 health 7308587 liability 50801586 fidelity 1686788 surety 1229739 plate glass 76565 80 steam boiler 6097638 burglary and theft 7655886 sprinkler 6729898 fly wheel 758790 automobile prop erty damage 1754018 workmens col 200578 12914 ComptrollerGenerals Report lective 198962 physicians defense 639473 total 1073709 45 5 Total deductions Accident 19048541 health 87 14221 liability 67096417 fidelity 3012473 surety 2133977 plate glass 7993405 steam boiler 6637502 burglary and theft 8445115 sprinkler 7045296 fly wheel 791656 automobile property damage 2743011 workmens collective 773103 physicians defense 645511 total 1350802 28 6 Net premiums Accident 77028981 health 28668447 liability 239427547 fidelity 10925663 surety 25295171 plate glass 30403713 steam boiler 251 24712 burglary and theft 29780313 sprinkler 13983592 fly wheel 2553781 automobile property damage 9895423 workmens collective 6554900 physicians defense 3528760 total 5031810 03 24 Gross interest on bonds and dividends on stocks less 789431 accrued interest on bonds acquired during 1911 183382 40 25 Gross interest on deposits in trust companies and banks 1324 55 26 Gross interest from all other sources Bills receivable 473 48 27 4 per cent on money used to purchase stock of Bankers Surety Co and charged to cost of that stock 4178 21 29 Gross rents from companys property in cluding 2361363 for companys occu pancy of its own buildings 40117 80 30 Total gross interest and rents 229476 44 37 Gross profit on sale or maturity of ledger assets viz Bonds 625625 stocks 216255 total 6472 50 38 Gross increase by adjustment in book value of ledger assets viz Bonds 4173780 stocks 82500 total 42562 80 39 Total income 5310321 77 IIIDisbursements Gross amount paid for losses Accident 39346442 health 16303438 liability 95711378 fidelity 1 29364 surety 2287376 plate glass 13004572 steam boiler 2030223 burglary and theft 107 54681 sprinkler 6663870 fly wheel 1955200 automobile property damage 2197246 workmens col lective 3524263 physicians defense 869240 total 1947772 93ComptrollerGenerals Eeport 915 17 2 Deduct reinsurance Accident 2582066 health 816833 burglary and theft 626417 total 40253 16 3 Deduct salvage Fidelity 64274 surety 925056 plate glass 504231 steam boiler 1733 sprinkler 330530 total 18258 24 4 Total deductions Accident 2582066 health 816833 fidelity 64274 surety 925056 plate glass 504231 steam boiler 1733 burglary and theft 626417 sprinkler 330530 total 5 Net amount paid policyholders for losses Accident 367 64376 health 15486605 liblty 95711378 fidelity 65090 surety 1362320 plate glass 12500341 steam boiler 2028490 burglary and theft 10128264 sprinkler 6333340 fly wheel 1955200 automobile property damage 2197246 workmens collective 3524263 physicians defense 869240 total Investigation and adjustment of claims viz Accident 1011618 health 172313 liability 38854683 fidelity 15168 surety 45056 plate glass 19679 steam boiler 282603 burglary and theft 393446 sprinkler 147332 fly wheel 16446 automobile property damage 245228 workmens collective 4 49908 physicians defense 425277 total Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 28095677 health 8799058 liability 548 73971 fidelity 2421323 surety 5012335 plate glass 10035897 steam boiler 5943924 burglary and theft 8584013 sprinkler 3537323 fly wheel 627566 automobile property damage 2284071 workmens collective 1653940 physicians defense 10502 03 total 28 Salaries fees and all other compensation of officers direc tors trustees and home office employes 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 31 Inspection other than medical and claim 32 Rents including 2361363 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 Federal tax 221211 municipal licenses 575181 court certificates 31470 tax on capital stock 3778800 total 58511 40 1889261 53 420787 57 23 1329193 01 262047 85 161 066 66 3716 70 129638 88 23987 85 11565 76 7984 61 77341 01 16529 73 46066 62916 ComptrollerGenerals Report 42 Legal expenses 7502 60 431 Advertising 31590 44 44 Printing and stationery 45966 79 45 Postage telegraph telephone and express 11841 08 Furniture and fixtures 6030 90 Stockholders for interest or dividends amount declared during the year 17500000 175000 00 Other disbursements Miscellaneous 370536 traveling 1083368 various bureaus and assns 125873 ex change 120678 total 24004 55 Gross loss on sale or maturity of ledger assets viz Bonds 3750 stocks 500 42 50 Gross decrease by adjustment in book value of ledger assets viz Bonds 1032443 stocks 347500 total 13799 43 46 47 48 54 55 56 Total disbursements 4694966 07 IVLedger Assets 1 Book value of real estate 2 Mortgage loans on real estate 4 Book value of bonds 416983010 and stocks 308 57666 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 1911 Accident 11068070 health 3736173 liability 411408 31 fidelity 1617760 surety 5851533 plate glass 4741937 steam boiler 6033585 burglary and theft 58 23913 sprinkler 1885856 fly wheel 207812 automobile property damage 1583267 workmens collective 6 35820 physicians defense 505467 total On policies or renewals issued prior to Oct 1 1911 Accident 114784 health 76001 liability 3151956 fidelity 46483 surety 715230 plate glass 80938 burglary and theft 64133 sprinkler 37553 automobile property damage 68080 workmens collective 82344 physicians defense 5991 total 24 Total 25 Bills receivable 848320 24 44434 93 837599 42 8000 00 4478406 76 30076 19 20089 98 65053 83 892755 17 11463 33ComptrollerGenerals Beport 917 26 Other ledger assets viz Reinsured losses due from other companies 135638 salvage 117029 advanced on contract 604247 agents balances 3192571 total 40494 85 6383939 53 30 Ledger assets NonLedger Assets x i 29680 71 32 Interest accrued on bonds 6413620 24 43 Gross assets Deduct Assets Not Admitted i H463 33 45 Bills receivable p 49 Premiums in course of collection written prior to October 1 1911 44434 93 51 Book value of ledger assets over market value viz Agents balances 3192571 advanced on contract 604247 total 37968 18 93866 44 Total 6319753 80 57 Admitted assets VLiabilities 1 Losses and claims resisted for polkyholders Surety 1565 steam boiler 3575 automobile property damage 34 52 physicians defense 17825 total 2 Losses and claims reported or in process of adjustment Occident 7161690 health 2702004 fidelity 7 53638 surety 2835000 plate glass fMteam boiler 767262 burglary and theft 20203Z sprinkler 508803 automobile property damage 3 11215 workmens collective 636608 physicians fl6 defense 372500 total 3 Losses and claims resisted Accident 2983000 plate rfass 193140 steam boiler 315000 burglary and fheft 1780000 sprinkler 125000 fly wheel 75000 4 TotaUosses andclahnsAccdtlOi44690 health 27 02004 fidelity 753638 surety 29915 plate glass 2239884 steam boiler 1439762 burglary ttaeft 3852032 sprinkler 633803 fly wheel 75000 automobile damage 656415 workmens collective 636608 physicians defense 2155000 total 282803 6 Net unpaid claims except liability Accdt 10144650 health 2702004 fidelity 753638 surety 29 91500 plate glass 2239884 steam boiler 1439762 burglary and theft 852032 sprinkler 633803 fly wheel 7500 automobile property damage 6918 CoMPTROLLERGeNERAIis REPORT 56415 workmens collective 636608 physicians defense 2155000 total 282803 36 Estimated expenses of investigation and adjustment of unpaid claims Accident 511497 health 35589 plate glass 3365 steam boiler 116738 burglary and theft 250238 sprinkler 31956 automobile property damage 98085 workmens collective 1 75392 total 12228 60 17 Total losses and claims Accident 10656187 health 2737593 fidelity 753638 surety 2991500 plate glass 2243249 steam boiler 1556500 burglary and theft 4102270 sprinkler 665759 fly wheel 75000 automobile property damage 754500 workmens col lective 8120 physicians defense 21550 total Special reserve for unpaid liability losses 295031 96 967815 00 20 Total unpaid claims and expenses of settlement 1262846 96 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 367349876 un earned premiums 50 per cent 1836749 38 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 95340231 unearned premiums pro rata 518982 84 23 Total unearned premiums as shown by recapitulation 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 3873824 health 1195575 liability 9896070 fidelity 404440 surety 1462883 plate glass 1659678 steam boiler 1508396 burglary and theft 1665639 sprinkler 471464 fly wheel 60265 automobile property dam age 395817 workmens collective 158955 physi cians defense 151640 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 35 Eeinsurance 37 Other liabilities viz Contingent reserve for unadjusted claims 2355732 22 229046 46 8052 77 85321 14 2116 25 100000 00 46 Total amount of all liabilities except capital 4043115 80 47 Capital actually paid up in cash 1000000 00ComptrollerGenerals Report 919 48 Surplus over all liabilities 1776638 00 2276638 00 49 Surplus as regards pohcyholders JJ 6319753 80 50 Total liabilities Business in Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Aecident 2171557 health 1586193 liability 5321796 fidelity 133438 surety 215801 plate glass 564893 steam boitor 4 962 22 burglary and theft 543644 sprmkler 379 64 fly wheel 135033 automobile property dam age 4 91106 workmens collective 24608 physi eians defense 34900 total Gross losses paid Accident 642946 health 1668690 liability 2121145 fidelity 40 plate glass 2 832 86 steam boiler 27360 burglary and theft 1 864 43 sprinkler 818 96 automobile property dam age 98203 workmens collective 9978 physicians defense 38500 total MASSACHUSETTS BONDING AND INSURANCE COMPANY OF MAS BOSTON MASSACHUSETTS John T Burnett Secretary T J Falvey President Home Office 7785 State Street Boston Massachusetts Dodd Dodd Atlanta Attorneys 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 31st of previous year l3493bu 4 3 Increase of paidup capital during the year Extended at 500000 00 1849260 44 IIIncome 2 Gross premiums written and renewed during the year Accident 11500 health 5600 liability 331776 fidelity 28898807 surety 59757433 plate glass 641 total 3 Total Fidelity 6260275 surety 11839013 total 244888 91920 ComptrollerGenerals Report 4 Deduct gross premiums now in course of collection Fidelity 2029137 surety 3531295 total 87890 32 5 Entire premiums collected during the year Fidelity 2326665 surety 4919365 total 82079 83 6 Deduct reinsurance return premiums and cancellations Fidelity 1904473 surety 3388353 total 74918 76 7 Net premiums Accident 11500 health 5600 liabil ity 331776 fidelity 22638532 surety 47918420 plate glass 641 total 819154 28 18 Total net cash actually received for premiums 22 Interest on bonds and dividends on stock 40220 24 23 Interest on deposit 4266 62 24 Interest from all other sources Bills receivable 17 97 819154 28 26 Total interest and rents 32 From all other sources viz crease of capital stock Premium on sale of in 44504 83 250000 00 38 Total income 1113659 11 IIIDisbursements 1 Gross amount paid for losses Fidelity 1900042 surety 15107627 burglary and theft 4666810 total 216744 79 2 Deduct salvage and reinsurance Fidelity 81642 surety 7993212 burglary and theft 579617 total 86544 71 3 Net amount paid policyholders for losses Fidelity 18 18400 surety 7114415 burglary and theft 40 87193 total 4 Investigation and adjustment of claims Fidelity 1 68122 surety 893743 burglary and theft 164754 total 5 Totals Fidelity 1986522 surety 8008158 burglary and theft 4251944 total 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following calsses Fidelity 4844252 surety 10735881 burglary and theft 3298767 total 19 Stockholders for interest or dividends amount declared during the year 5250000 20 Salaries fees and all other compensation of officers directors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 24 Rents 130200 08 12266 16 142466 24 188789 00 52500 00 93894 05 86267 20 14203 25ComptrollerGenerals Eepoet 921 25 Repairs and expenses other than taxes on real estate 15 00 27 All other taxes licenses and insurance department fees 1870b 4f 28 Legal expenses 11278 49 29 Advertising 13703 26 30 Printing and stationery 14861 39 31 Postage and express g05g 3g 32 Furniture and fixtures 37 All other disbursements viz Traveling 128107 underwriters boards and tariff associations 25o4b4 supplies 184807 expenses on mortgages 700 in surance 34284 profit and loss 151971 light and heat 100203 miscellaneous expenses 478857 total 24843 93 42 Agents balances charged ofl 674636 47 46 Total disbursements TVLedger Assets 1 Book value of real estate unencumbered 200000 en cumbered 1200000 total 4 Book value of bonds excluding interest 17326328 and book value of stocks 6777500 total 1805038 5 Cash in companys office 335747 deposited in banks 17845946 total 7 Other ledger assets viz Advance on contracts 618701 account with suspended bank 1400000 premiums in course of collection 26724086 total 874Z 2288283 08 11 Ledger assets NonLedger Assets 13 Interest on bonds 18jj Bank deposits 18855 82 Total 2307138 90 Gross assets Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1911 6877 50 44 Book value of ledger assets over market value viz Bonds and stocks 20 64028 advanced on contracts 6 18701 bank deposits at branch offices for expenses 250384 total 29331 98088 63 Total 2209050 27 51 Admitted assets 922 ComptrollerGenerals Report VLiabilities 2 Losses and claims reported or in process of adjustment Fidelity 1521729 surety 4653442 burglary and theft 1220400 total 73955 71 4 Losses and claims resisted Fidelity 1140000 surety 3829572 burglary and theft 575000 total 55445 72 5 Total losses and claims Fidelity 2661729 surety 8483014 burglary and theft 1795400 total 14 Deduct reinsurance 15 Net unpaid claims except liability claims Estimated expense of investigation and adjustment of unpaid 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 63382034 unearned premiums 318223 19 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 134 20705 unearned premiums pro rata 87212 27 129401 43 4085 82 125315 61 7750 00 129 38 133194 99 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 19 viz Accident 2645 health 1288 liability 64003 fidelity 1248084 surety 2641790 burglary and theft 607158 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 31 Reinsurance less amount due from companies 32 Advance premiums 100 per cent 33 Other liabilities viz Voluntary reserve for contingent liability claims 1000000 estimated amount here after payable for federal State and other taxes based upon the business of the year of this statement 12 28731 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 1000000 00 44 Surplus over all liabilities 579567 86 45 Surplus as regards policyholders 46 Total liabilities 405435 46 45649 68 9009 40 9424 51 4481 06 22287 31 629482 41 1579567 86 2209050 27ComptbollerGenerals Eepoet Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Fidelity 45941 surety 1779852 bur glary and theft 36337 total Gross losses paid Surety 9860 burglary and theft 6875 total 923 22921 30 167 35 MASONIC MUTUAL ACCIDENT COMPANY OP SPRINGFIELD MASSACHUSETTS Clyde W Young President Saml W Munsell Secretary Home Office 31 Elm Street Springfield Massachusetts Jerome Hocutt Atlanta Attorney for Service in Georgia ICapital Stock 2 Amount of ledger assets as per balance December 31st of previous year 20374 47 Extended at IIIncome 5 Entire premiums collected during the year Health 20374 47 41748 15 18 Total net cash actually received for premiums 19 Policy fees required or represented by application 22 Interest on bonds and dividends on stock 23 Interest on deposit 690 18 135 61 41748 15 11162 00 26 Total interest and rents 27 Profit on sale or maturity of ledger assets 38 Total income 825 79 85 00 53820 94 IIIDisbursements 1 Gross amount paid for losses Accident and health 4 Investigation and adjustment of claims Accident and health 18328 37 412 24 5 Totals Accident and health 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 directors trustees and home office employees 18740 61 5641 19 11162 00 6988 95924 ComptrollerGeneral s Report 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 24 Rents 26 Tax on funds in hands of State treasurer 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising printing and stationery 31 Postage and express 32 Furniture and fixtures 37 All other disbursements viz Office supplies 30394 miscellaneous expense 46025 agents balances charged off 16880 adv payments returned 6983 total 46 Total disbursements IVLedger Assets 4 Book value of bonds excluding interest 5 Cash in companys office 92191 deposited in banks 630695 total 7 Other ledger assets vi Interest in hands of State treasurer 21500 agents balances 81887 total 11 Ledger assets NonLedger Assets 13 Interest accrued on bonds 280 43 Total 18 Market value not including interest in item 13 of bonds and stocks over book value 34 Other nonledger assets viz Furniture and fixtures 75000 supplies 25000 total 37 Gross assets Deduct Assets Not Admitted 40 Furniture and fixtures 750 00 41 Supplies printed matter and stationery 250 00 44 Book value of ledger assets over market value viz Book value of bonds over market value 22750 balances due from agents not secured by bonds 81887 total 1046 37 Total 51 Admitted assets 1687 75 44 00 460 65 3 22 741 10 75 50 1357 67 1111 98 397 74 1002 82 49415 18 16517 50 7228 86 1033 87 24780 23 280 43 40 00 1000 00 26100 66 2046 37 24054 29ComptrollerGenerals Report 925 VLiabilities 18 Total unpaid claims and expenses of settlement 3 Losses and claims reported proofs not received 91 total unpaid claims and expenses of settlement 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 19 viz Accident and health 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 32 Advance premiums 100 per cent 42 Total amount of all liabilities except capital 44 Surplus over all liabilities 45 Surplus as regards policyholders 46 Total liabilities 14974 77 1941 94 1941 94 4338 12 64 35 513 61 2221 50 9079 52 14974 77 9079 52 THE MASONIC PROTECTIVE ASSOCIATION WORCESTER MASS Francis A Harrington President Frank C Harrington Secretary Principal Office 518 Main Street Worcester Mass Harry S Bell 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 246017 42 Extended at 246017 42 IIIncome During Year 7 Total premium income 9 Cash received for interest on bonds owned less 52298 accrued interest on bonds acquired i 10 Cash received for interest on deposits in trust companies and banks 11 Policy fees required or represented by applications 19 From all other sources viz Collectors overpayments 2824 items in suspense 10305 233829 53 7057 02 1910 41 51225 00 131 29 Total income 294153 25926 ComptrolleeGeneeal s Eeport IIIDisbursements for the Year 1 Cash paid for accident and health 116118 87 16 Cash paid stockholders for interest on dividends 5000 00 17 Cash paid for commissions and bonuses to agents 17245 02 18 Cash paid for salaries and allowances to managers and agents 458 36 20 Cash paid for salaries and all other compensation of officers and other home office employees 38983 85 21 Cash paid for taxes on new premiums 2765 54 22 Cash paid for corporation i 812 61 23 Cash paid for insurance department fees and agents licenses 1246 82 24 Cash paid for rent 1 012 00 26 Cash paid for furniture fixtures and safes for home and agency offices 1933 04 Cash paid for advertising 75106 printing and station ery 483123 5582 29 Cash paid for legal expenses 354 80 Cash paid for the following items viz Policy fees allowed agents 4989775 investigating and adjusting claims 251410 postage express and telegraph and telephone 391575 miscellaneous 86340 gross decrease in book value of ledger assets bonds 5000 agents balances charged off 3820 57219 20 27 28 29 30 Total disbursements 253432 40 IVAssets as per Ledger Accounts 6 Book value of bonds owned 214292 50 7 Cash in companys office 597 83 8 Cash deposited in banks 71847 94 13 Total net or ledger assets 286738 27 Other Assets 15 Interest accrued on bonds and stocks 3466 19 Extended at 290204 46 Items Not Admitted Book value of ledger assets over market value bonds 1452 50 9 Total assets 288751 96 VLiabilities 5 Claims for accident and health in process of adjustment and estimated expenses of settlement 12 Amount of national state or other taxes due etsimated 24071 42 3748 35 ComptrollerGenerals Eeport 927 13 Amount due on account of salaries rents and office expenses 2793 25 16 Amount of any other liability of the company viz prem iums paid in advance 106660 gross premiums on all unexpired risks running 3 months Dec 1 1911 69 38250 items in suspense 19490 reserve to cover liabilities 250000 pro rata 4625500 50016 50 17 Liabilities on policyholders account 80629 52 18 Gross surplus on policyholders account 208122 44 19 Total liabilities 288751 96 Business in Georgia During Year 1911 No Amount Number and amount of policies on lives of citizens of Georgia in force December 31 of previous year 1388 4600 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 580 2151 00 Tota 1968 6751 00 Deduct number and amount which ceased to be in force during the year 951 3136 00 Total number and amount of policies in force in Georgia December 31 1911 1017 3615 00 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 21 1967 60 Amount of losses and claims on policies in Georgia incurred during the year 261 8314 80 Total 282 102824 Amount of losses and claims on policies in Georgia paid during the year 253 7454 37 What amount of premiums was 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 1399055 THE METROPOLITAN CASUALTY INSURANCE CO OF NEW YORK Eugene H Winslow President 8 Wm Burton Secretary Home Office 47 Cedar St New York Henry M North Augusta Attorney for Service in Georgia TCapital Stock 1 Amount of capital paid up in cash 200000 00928 ComptrollerGenerals Report 2 Amount of ledger assets as per balance December 31 of previous year 824284 41 Extended at 824284 41 IIIncome 1 Gross premiums written and renewed during the year Ac cident 15094102 health 4505356 plate glass 68652289 total 882517 47 2 Deduct reinsurance Accident 527669 health 21807 total 549476 3 Deduct return premiums on policies can celled Accident 424017 health 148269 plate glass 1356174 total 19284 60 4 Deduct premiums on policies not taken Accident 2365505 health 1131865 plate glass 10549470 total 140468 40 5 Total deductions Accident 3317191 health 1301941 plate glass 11905644 total 6 Net premiums Accident 11776911 health 3203415 plate glass 56746645 total 24 Gross interest on bonds and dividends on stocks 25489 75 25 Gross interest on deposits in trust companies and banks 538 04 30 Total gross interest and rents 36 From agents balances previously charged off 165247 76 717269 71 26027 79 6 24 39 Total income 743303 74 IIIDisbursements 1 Gross amount paid for losses Accident 5769106 health 1966101 plate glass 26172425 total 2 Deduct reinsurance Accident 671972 health 54640 total 7266 12 3 Deduct salvage Plate glass 3368 15 4 Total deductions Accident 671972 health 54640 plate glass 336815 total 33907632 1063427 5 Net amount paid policyholders for losses Accident 50 97134 health 1911461 plate glass 25835610 328442 05 17 Investigation and adjustment of claims viz Accident 825 25 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 3970254 health 1078557 plate glass 17416548 total 224653 59ComptrollerGenerals Report 929 28 Salaries fees and all other compensationof officers direc tors trustees and home office employes 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 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes Agents licenses 3 81350 municipal licenses 135677 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 48 Other disbursements Auditor 38500 commercial agencies and underwriters associations 323913 exchange on bank checks 25487 home office expenses for toilet supplies ice drinking water and rubber stamps 41590 53 Agents balances charged off 56 Total disbursements IVLedger Assets 43774275 and stocks 4 Book value of bonds Wiio 19 56495 V 5 Cash in company a office 6 Deposits in trust companies and banks not on interest 7 Deposit in trust companies and banks on interest 8 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1911 Accident 1927892 health 912487 plate glass 12002529 total On policies or renewals issued prior to Oct 1 1911 Accident 22028 health 15400 plate glass 226466 total 148429 08 2638 94 Total 26 Other ledger assets viz Reinsurance loss account 30 Ledger assets NonLedger Assets 32 Interest due 8000 and accrued 474414 on bonds 39 Market value of bonds and stocks over book value 79971 25 20031 76 1813 90 8 50 7475 04 7800 19 3475 59 5170 27 1215 75 1305 77 10691 07 6330 14 992 11 20000 00 4294 90 208 46 725706 19 630307 70 1871 50 1000 00 56652 44 151068 02 982 30 841881 96 4824 14 7949 80 43 Gross assets 854655 90930 ComptrollerGenerals Report Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 2638 94 56 Admitted assets 852 01 fi Qfi VLiabilities 2 Losses and claims reported or in process of adjustment Accident 372020 health 264076 plate glass 1004254 total i640350 3 Losses and claims resisted Accident 555000 health 35000 plate glass 100000 total 6900 00 4 Total losses and claims Accident 927020 health 2 99076 plate glass 1104254 total 23303 50 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 726 79674 unearned premiums 50 per cent 363 398 37 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 649973 health 309296 plate glass 3910104 total 48693 73 29 Salaries rents expenses bills accounts fees etc due or acerued 1373 86 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement g gn an 35 Reinsurance 74 46 Total amount of all liabilities except capital 444132 70 47 Capital actually paid up in cash 200000 00 48 Surplus over all liabilities 207 884 26 49 Surplus as regards polieyholders 407884 26 50 Total liabilities gg9 01g gg Business in Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Accident 551296 health 165563 plate glass 171143 total 8880 02 Gross losses paid Accident 485871 health 160781 plate glass 74872 total 7 215 24ComptrollerGenerals Report 931 NATIONAL CASUALTY COMPANY OF DETROIT MICHIGAN W G Curtis President franklin S Dewey Secretary Home Office 422 Majestic Blag Detroit Michigan 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 as per balance December 31st of previous year 298149 2o Extended at 298149 25 IIIncome 2 Gross premiums written and renewed during the year 736915 00 Accident and health v 3 Total Accident and health 736913 00 6 Deduct reinsurance 766388 return premiums 1 27750 premiums on policies not taken 1705885 n 26000 23 total deductions 7 Net premiums Accident and health 710912 77 18 Total net cash actually received for premiums 710912 77 19 Policy fees required or represented by application 20 Interest on mortgage loans 21 Interest on collateral loans 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources 46 66 345 00 11097 85 187 94 85 93 26 Total interest and rents 32 Prom all other sources viz Gross increase by adjust ment in book value of ledger assets stocks 11763 38 2350 00 38 Total income 768226 15 IIIDisbursements 3169 49 1 Gross amount paid for losses Accident and health 287360 26 2 Beinsurance Accident and health 3 Net amount paid policyholders for losses Accident and health 4 Investigation and adjustment of claims Accident and health 284190 77 4791 47 5 Totals Accident an d health 288982 2432 ComptbollerGexekal s Report 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 38 Policy fees retained by agents 19 Stockholders for interest or dividends amount declared during the year 1600000 20 Salaries fees and all other compensation of officers directors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 24 Rents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Bonds 37 All other disbursements viz Gross decrease by adjust ment in book value of ledger assets bonds 65169 traveling 727037 general expense 279935 agents balances charged off 384121 total 4i Total disbursements IVLedger Assets 2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other col laterals 4 Book value of bonds excluding interest 23025178 and book value of stocks 2610000 total 5 Cash in companys office 114504 deposited in banks 4425381 total 7 Other ledger assets viz Agents balances secured 298656 premiums in course of collection on policies or renewals issued on or after October 1 1911 4 02200 total 249970 87 43010 30 16000 00 50037 31 23679 31 11235 53 17812 71 2555 82 4606 59 10065 60 9754 22 1489 36 203 73 14562 62 743966 21 7100 00 6550 00 256351 78 45398 85 700856 11 Ledger assets 322 409 19 NonLedger Assets 12 Interest due 26200 and accrued 12820 on mortgages 13 Interest accrued on bonds 14 Interest due 3600 and accrued 6500 on collateral loans 15 Interest accrued on other assets 390 20 3924 29 101 00 175 00 Total 4590 49ComptbollebGeneeals Eepoet 34 Other nonledger assets viz 37 Gross assets Furniture and supplies Deduct Assets Not Admitted 40 Furniture and fixtures supplies printed matter and sta tionery 51 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident and health 4 Losses and claims resisted Accident and health 5 Total losses and claims Accident and health 14 Deduct reinsurance 15 Net unpaid claims except liability claims 18 Total unpaid claims and expenses of settlement 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 7134630 unearned premiums 50 per cent 8673 U 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 19 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 Estimated amount hereafter pay able for federal State and other taxes based upon the business of the year of this statement 1115000 estimated expense of investigation and adjustment of unpaid claims 50000 total 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 44 Surplus over all liabilities 80380 68 45 Surplus as regards policyholders 46 Total liabilities 933 30000 60 356999 68 30000 00 326999 68 18758 00 1549 00 20307 00 750 00 19557 00 19557 00 8673 15 1005 00 200 00 5533 85 11650 00 46619 00 280380 68 326999 68934 ComptrollerGenerals Report Business in the State of Georgia During the Year fiross premiums received on risks written or renewed during the year Accident and health Gross losses paid Accident and health 8106 32 3085 36 NATIONAL SURETY COMPANY OF NEW YORK N Y William B Joyce President Hubert J Hewitt Secretary Home Office 115 Broadway New York City Boyd Perry Atlanta Attorney for Service in Georgia ICapital Stock 1Amount of capital paid up in cash 1500000 00 2 Amount of ledger assets as per balance December 31st of previous year 5619727 82 Extended at 5619727 82 IIIncome 2 Gross premiums written and renewed during the year Fidelity 162433104 surety 227803501 burglarv and theft 63210156 total 4534467 61 6 Deduct reinsurance return premiums and cancellations Fidelity 36562299 surety 57993379 burglary and theft 17994244 total 1125499 22 7 Net premiums Fidelity 125870805 surety 1698 10122 burglary and theft 45215912 total 3408968 39 20 Interest on mortgage loans 923 83 22 Interest on bonds and dividends on stock 162117 97 23 Interest on deposit 12 116 14 24 Interest from all other sources 2 633 61 25 Gross rents from companys property 7 155 35 26 Total interest and rents 534 943 qq 27 Profit on sale or maturity of ledger assets viz Real estate 160000 bonds 938998 total 32 From all other sources viz Miscellaneous income 1 73819 miscellaneous suspense items 202616 agents balances previously charged off 2000 total 10989 98 3784 35 38 Total income 4 3 608689 62 ComptrollerGenerals Report 935 IIIDisbursements 1 Gross amount paid for losses Fidelity 68131168 surety 59020498 burglary and theft 18268139 total 2 Deduct salvage and reinsurance Fidelity 27850558 surety 25377667 burglary and theft 3343o02 smnJ total 3 Net amount paid policy holders for losses Fidelity 402 80610 surety 33642831 burglary and theft 149 24637 total V 4 Investigation and adjustment of claims Fidelity 43 99444 surety 3519199 burglary and theft 957002 total 5 Totals Fidelity 44680054 surety 37162030 bur glary and theft 15881639 total 9Vd 6 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Fidelity and surety 63265222 burglary and theft 14564674 total 788 96 19 Stockholders for interest or dividends amount declared during the year 18000000 1iM w 20 Salaries fees and all other compensation of officers directors trustees and home office employees 39Uoii b 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Consulting attorney resident vicepresident and attorney infact fees ikkto 95 23 Inspections other than medical 24 Rents 25 Repairs and expenses other than taxes on real estate 27WJ 08 26 Taxes on real estate 27 All other taxes licenses and insurance department fees 76il 4 28 Legal expenses 823 u 29 Advertising 3o979 20 30 Printing and stationery 31 Postage and express telephone and telegraph w oo 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets viz Real estate 144727 bonds 279492 stocks 121000 total 37 All other disbursements viz Incidentals 2994796 insurance 73899 exchange 16508 traveling ex pense 1602597 development 888924 Surety Association of America 246729 bonded attorneysd36 CompteollebGeneeals Report 54918 bills of lading 25715 agents balances charged off 52653 total 59567 39 46 Total disbursements 2770885 09 IVLedger Assets 1 Book value of real estate 163553 70 2 Mortgage loans on real estate first liens 970000 other than first 361560 total 13315 60 4 Book value of bonds excluding interest 3135797 79 arid book value of stocks 134253138 total 4478329 17 5 Cash in companys offices and in transit 4826118 de posited in banks 53961397 total 587875 15 6 Bills receivable 14202 87 7 Other ledger assets viz Premiums in course of collec tion 853989 42 8 Accts Rec 1212217 reinsurance due on losses paid 6768451 advanced on contracts 8457680 advance for R R Inspection 1398189 suspense items 14 92971 CityCharnberlain 1500000 suspended banks 9429679 excise reinsurance com 4367457 total 34626d 44 11 Ledger assets 6457532 35 NonLedger Assets 12 Interest on mortgages 13 Interest on bonds 499 07 35600 50 10 Of fl Total 36099 57 Gross premiums in course of collection viz On policies or renewals issued sub sequent to October 1 19 Fidelity 13801099 surety 32378452 bur glary and theft 9464660 total 556442 11 On policies or renewals issued prior to October 1 19 Fidelity 6165519 surety 22542612 burglary and theft 1046600 total 297547 31 Total 34 Other nonledger assets viz Interest accrued on bank balances 292041 tax exemption on bonds i of 1 on 30000000 150000 total ruv 37 Gross assets 853989 42 4420 41 6498052 33 ComptbollerGenerals Report 937 Deduct Assets Xot Admitted 39 Bills receivable 40 Cash in companys offices 41 Suspense items 42 Advanced on contracts 43 Gross premiums in course of collection written prior to October 1 1911 44 Book value of ledger assets over market value viz Stocks and bonds 66 98500 cash in suspended banks 34 29679 accounts receivable ii62217 reinsurance on losses paid 4864542 total 14202 87 7567 65 14929 71 13674 36 297547 31 161549 38 Total 51 Admitted assets 509471 28 5988581 05 VLiabilities 2 Losses and claims in process of adjustment Fidelity 10404651 surety 39946996 burglary and theft 1502172 total 4 Losses and claims resisted Fidelity 12889715 surety 26821165 burglary and theft 1650743 total 518538 19 413616 23 5 Total losses and claims Fidelity 23294366 surety 66768161 burglary and theft 3152915 total 932154 42 14 Deduct reinsurance 912 61 15 Net unpaid claims except liability claims 843241 81 16 Estimated expenses incident to settlement of unpaid claims viz Fidelity 731036 surety 2525452 burglary and theft 116479 33729 67 19 Gross premiums less reinsurance upon all unexpired risks running one yer or less from date of policy 284358202 un earned premiums 50 per cent 1421791 01 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 67428106 unearned premiums pro rata 421278 01 Total unearned premiums as shown by recapitulation 1843069 02 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to Oct 1 1911 viz Fidelity 2760220 surety 6475690 burglary and theft 1892952 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 20 21 111288 42 8509 S1 938 ComptrollerGenerals Eepokt 27 Dividends due stockholders 45065 00 30 Return premiums 8412 02 31 Reinsurance 16653 91 33 Other liabilities viz estimated amount for federal state and other taxes hereafter payable 5000000 advance premiums 100 per cent 724022 Empire State Surety Co 500000 bond and mortgage 850000 Munich Reinsurance Co real estate 18990 total 70930 12 42 Total amount of all liabilities except capital 2980899 88 43 Capital actually paid up in cash 1500000 00 44 Surplus over all liabilities 1507681 17 45 Surplus as regards policyholders 3007681 17 46 Total liabilities 5988581 05 Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Fidelity 1507369 surety 1505808 burglary and theft 202505 total 32156 82 Gross losses paid Fidelity 848995 surety 1326658 burglary and theft 91250 total 22669 03 NEW YORK PLATE GLASS OF NEW YORK Major A White President J Carroll French Secretary Home Office Maiden Lane and William St New York Coke S Davis Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 200000 00 2 Amount of ledgr assets as per balance December 31st of previous year 982098 68 Less outstanding premiums 17979 72 Extended at 854118 96 IIIncome 1 Gross premiums unpaid December 31 last year Plate glass 127979 72 2 Gross premiums written and renewed during the year Pate glass 807813 15 3 Totcl Plate glass 935792 87ComptrollerGenerals Report m 4 Deduct gross premiums now in course of collection Plate glass 148151 99 5 Entire premiums collected during year Plate glass 6 Deduct reinsurance return premiums and cancellations Plate glass 7 Net premiums Plate 22 Interest on bonds and dividends on stock 23 Interest on deposit 24 Interest from all other sources 787640 88 175199 36 612441 52 31468 84 909 54 8 49 26 Total interest and rents 27 Profit on sale or maturity of ledger assets Stocks 33 Agents balances previously charged off 32386 87 6368 58 257 29 38 Total income 651454 26 IIIDisbursements 1 Gross amount paid for losses Plate glass 2 Deduct salvage and reinsurance Plate glass 3 Net amount paid polieyholders for losses Plate glass 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Plate glass 19 Stockholders for interest or dividends 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 24 Kents 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 stocks 37 All other disbursements Traveling expenses 320619 underwriters Association 229210 sundry office ex penses 164622 agents balances charged off 1 31950 total 308568 02 11570 13 296997 89 217115 01 32000 00 60576 05 4717 11 10092 41 15464 12 330 86 1223 15 2593 55 3254 22 2767 44 3787 25 8464 01 46 Total disbursements 659383 0Z IVLedger Assets 4 Book value of bonds excluding interest 14749778 and book value of stocks 64470119 total 792198 9740 ComptrollerGenerals Report 5 Cash in companys office 405604 deposited in banks 4993514 total 53991 18 llLedger assets 846190 15 NonLedger Assets 13 Interest accrued on bonds 2291 50 19 Gross premiums in course of collection viz On policies or renewals issued subse quent to Oct 1 1911 Plate glass 145 75849 total 14575849 On policies or renewals issued prior to Oct 1 1911 Plate glass 2393 50 33 Total 148151 99 37 Gross assets 996633 64 Deduct Assets Not Admitted 43 Gross premiums in course of collection writ ten prior to October 1 1911 2393 50 44 Book value of ledger assets over market value viz bonds and stocks 58513 97 Total 60907 47 51 Admitted assets VLiabilities 1 Losses and claims Plate glass 10990 54 2 Losses and claims in process of adjustment Plate glass 5211 00 3 Total losses and claims Plate glass 16201 54 19 Gross premiums less reinsurance upon all onexpired risks running one year or less from date of policy 62138244 un earned premiums 50 per cent 310691 22 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 4523593 unearned premiums pro rata 22160 20 21 Total unearned premiums as shown by recapitulation 332851 42 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued subse quent to October 1 1911 viz Plate glass 4717S 29 935726 17ComptrollerGenerals Report 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 27 Dividends due stockholders 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 200000 00 44 Surplus over all liabilities 326494 92 45 Surplus as regards policyholders 46 Total liabilities Business in Georgia During the Year Gross premiums received on risks written or renewed during the year Plate glass Gross losses paid Plate glass 941 5000 00 8000 00 409231 25 526494 92 935726 17 2389 74 790 69 NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF CHICAGO ILLINOIS E C Waller President A E Forrest Secretary Home Office 209 South LaSalle Street Chicago Illinois Shepard Bryan 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 724501 50 Extended at IIIncome 1 Gross premiums writtenand renewed during the year Ac cidentno on 2 Deduct reinsurance Accident 6808 3 Deduct return premiums on policies can celled Accident 5146 45 4 Deduct premiums on policies not taken Ac cident 5304323 724501 50 112929599 5 Total deductions Accident 65087 90 6 Net premiums Accident 1064208 09 20 Policy fees required or represented by applications 252320 00942 ComptrollerGenerals Eeport 22 Gross interest on mortgage loans 8302 61 23 Gross interest on collateral loans 2690 89 24 Gross interest on bonds and dividends on stocks less1 43231 accrued interest on bonds acquired during 1911 20667 36 25 Gross interest on deposits in trust com panies and banks 769 37 28 Gross interest from all other sources advances to agents 70 84 30 Total gross interest and rents 32501 07 36 From agents balances previously charged off 1017 20 37 Gross profit on sale or maturity of ledger assets viz Bonds 2000 00 39 Total income 1352046 36 IIIDisbursements 1 Gross amount paid for losses Accident 2 Deduct reinsurance Accident 401465 85 889 16 5 Net amount paid policyholders for losses Accident 17 Investigation and adjustment of claims viz Accident 22 Policy fees waived or retained by agents 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 28 Salaries fees and all other compensation of officers direc tors trustees and home office employes 29 Salaries traveling and all other expenses of agents not paid by commissions 30 Medical examiners fees and salaries 32u Rents 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes Federal corporation tax 50778 municipal licenses and taxes 168633 total 42 Legal expenses 43 Advertising 44 Printing and stationery Postage telegraph telephone and express Furniture and fixtures 47 Stockholders for interest or dividends 48 Other disbursements Traveling expense 1474490 bank exchange 110811 incidental expense 577310 hospital fees 493454 total 45 46 400576 69 5215 78 252320 00 394884 02 96793 38 41412 57 2896 00 19319 69 16287 91 14183 71 2194 11 1281 08 2659 23 18985 22 16461 00 3199 56 30000 00 26560 65 ComptrollerGeneral s Report 943 53 Agents balances charged off 54 Gross loss on sale or maturity of ledger assets viz Bonds 2487 77 20 00 56 Total disbursements 1347738 37 IVLedger Assets 2 Mortgage loans on real estate 3 Loans secured by pledge of bonds stocks or other collaterals 4 Book value of bonds 5 Cash in company a 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 Oct 1 1911 Accident On policies or renewals issued prior to Oc tober 1 1911 Accident 152200 00 42400 00 459206 25 2422 68 10942 44 27843 49 24545 28 1964 56 24 Totals 25 Bills receivable 26 Other ledger assets viz Cash in branch office for current use 26509 84 6200 58 1084 21 30 Ledger assets 728809 49 NonLedger Assets 31 Interest accrued on mortgages 32 Interest due 350000 and accrued 3 86330 on bonds 33 Interest accrued on collateral loans 2309 30 7363 30 230 38 Total 40 Other nonledger assets vi furniture and fixtures 9902 98 11000 00 43 Gross assets 749712 47 Deduct Assets Not Admitted 45 Bills receivable 46 Furniture and fixtures 49 Premiums in course of collection written prior to Oct 1 1911 50 Overdue and accrued interest on bonda in default 51 ook value of ledger assets over market value viz Bonds 6200 58 11000 00 1964 56 3500 00 1731 35 Total 56 Admitted assets 24396 49 725315 98944 COMPTEOLLEEGrENEBAL s REPORT VLiabilities 1 Losses and claims reported or in process of adjustment Accident 40941 00 3 Losses and claims resisted Accident 9715 00 4 Total losses and claims Accident 50656 00 6 Net unpaid claims except liability claims Accident 50656 00 7 Estimated expenses oi investigation and adjustment of unpaid claims Accident 500 00 8 Total losses and claims Accident 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 33233417 un earned premiums 50 per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 457500 un earned premiums pro rata 51156 00 166167 08 4200 00 23 Total unearned premiums as shown by recapitulation 170367 08 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 7363 58 29 Salaries rents expenses bills accounts fees etc due or accrued 4005 87 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 16000 00 36 Advance premiums 30624 43 46 Total amount of all liabilities except capital 47 Capital actually paid up in cash 48 Surplus over all liabilities 279516 96 200000 00 245799 02 49 Surplus as regards policyholders 50 Total liabilities 445799 02 725315 98 Business in Georgia During the Year Gross premiums less return premium on risks written or re newed during the year Accident Gross losses paid Accident 19071 17 12076 43 ComptrollerGenerals Eeport 945 THE OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED OF LONDON ENGLAND General Manager for the United States Oscar Ising American Head Office 59 John Street New York City New York William R MearuS Attorney for Service in Georgia ICapital Stock 1 Amount of deposit capital 250000 00 2 Amount of ledger assets as per balance December 31 of previous year 4535386 50 Extended at 4535386 50 96586 14 IIIncome 1 Gross premiums written and renewed during the year Ac cident 43471091 health 13804530 liability 2 90290815 fiidelity 4537425 plate glass 8316654 steam boiler 8782576 burglary and theft 31501996 credit 55543889 auto property damage 26976215 workmen a collective 4046896 total 4872720 87 2 Deduct reinsurance Accident 4139414 health 105513 liability 398643 fidelity 39848 steam boiler 6 34416 burglary and theft 4340780 total 3 Deduct return premiums on policies can celled Accident 1639463 health 7 82726 liability 27247419 fidelity 201114 plate glass 340195 steam boiler 1166058 burglary and theft 1676059 credit 152111 auto prop erty damage 3489205 workmens col lective 203068 total 4 Deduct premiums on policies not taken Accident 7019963 health 3042479 liability 44137488 fidelity 1 06991 plate glass 1548173 steam boiler 1335509 burglary and theft 4418272 credit 355500 auto prop erty damage 5246396 workmens collective 217798 total 368974 18 674285 69 5 Total deductions Accident 12798840 heatlh 3930718 liability 71783550 fidelity 347953 plate glass 1888368 steam boiler 3135983 burglary and theft 10435111 credit 507611 auto property damage 8735601 workmens collective 420866 total 1139846 01946 ComptrollerGenerals Report 6 Net premiums Accident 30672251 health 9873812 liability 218507265 fidelity 4189472 plate glass 6428286 steam boiler 5646593 burglary and theft 21066885 credit 55036278 auto property damage 18240614 workmens collective 3626030 total i 3732874 86 22 Gross interest on mortgage loans 9000 00 24 Gross interest on bonds and dividends on stocks 147800 92 25 Gross interest on deposits in trust companies and banks 1616 81 28 Gross interest on notes received for premiums 1463 21 30 Total gross interest and rents 159880 94 27 Gross profit on sale or maturity of ledger assets viz bonds 13001 70 39Total income 3905757 50 IIIDisbursements 1 Gross amount paid for losses Accident 17813027 health 3701565 liability 120027161 fidelity 309856 plate glass 2598045 steam boiler 35 94368 burglary and theft 8382996 credit 407 02922 auto property damage 7813632 workmens collective 1628139 total 2065717 2 Deduct reinsurance Accident 5153619 health 35126 liability 955724 steam boiler 2318820 burglary and theft 2493219 total 109565 08 3 Deduct salvage Fidelity 126762 burg lary and theft 31868 credit 75 03602 auto property damage 209749 total 78719 81 4 Total deduction Accident 5153619 health 35126 liability 955724 fidelity 126762 steam boiler 2318820 burglary and theft 2525087 credit 75 03602 auto property damage 209749 total 5 Net amount paid policy holders for losses Accident 126 59408 health 3666439 liability 119071437 fidelity 183094 plate glass 2598045 steam boiler 1275548 burglary and theft 5857909 credit 33199320 auto property damage 7603883 work mens collective 1628139 total 17 Investigation and adjustment of claims viz Accident 1822845 health 531427 liability 24215643 fidelity 154652 plate glass 296367 steam boiler 292501 burglary and theft 1394269 credit 17 28997 auto property damage 1133358 workmens collective 173206 total 11 18828489 1877432 22 317432 65ComptrollerGenerals Report 947 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Ac cident 10810323 health 3403255 liability 481 22331 fidelity 1137787 plate glass 2041913 steam boiler 1466761 burglary and theft 6317448 credit 10367236 auto property damage 4162636 workmens collective 731035 total 885607 25 28 Salaries fees and all other compensation of officers direc tors trustees and home office employees 186136 90 29 Salaries traveling and all other expenses of agents not paid by commissions 106053 18 31 Inspection other than medical and claim 55309 58 32 Rents 24168 26 35 State taxes on premiums 63641 55 36 Insurance department licenses and fees 4034 86 37 All other licenses fees and taxes Federal corporation tax 267294 agents licenses 317885 city and county tax on premiums 365028 publication fees 71146 10213 53 42 Legal expenses 585 62 43 Advertising 805227 44 Printing and stationery 22713 17 45 Postage telegraph telephone and express 11597 36 46 Furniture and fixtures 25120 15 49 Surety bonds 25800 publication subscription 28253 auditors fees 150000 discount and exchange 1 02006 mercantile agency 1100 general expense 1521874 home office reinsurance fund 3223920 interest on investments and dividends to home office 6300000 total 113529 53 53 Agents balances charged off 214 54 Gross loss on sale or maturity of ledger assets viz Bonds 3790 00 56 Total disbursements 3717592 19 IVLedger Assets 2 Mortgage loans on real estate 150000 00 4 Book value of bonds 3949336 58 6 Deposits in trust companies and banks not on interest 5960 13 7 Deposits in trust companies and banks on interest 79693 72 8 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1911 Accident 4012307 health 1687370 liability 32632194 fidelity 405697 plate glass 1336853 steam boiler 1506670 burglary and theft 2861676 automobile property damage 2204761 workmens collective 282870 total 469303 98948 ComptrollerGenerals Report On policies or renewals issued prior to Oct 1 1911 Accident 229362 health 124829 liability 4570270 fidelity 60656 plate glass 81985 steam boiler 10132 burglary and theft 3 31835 automobile property damage 2 51425 workmens collective 80702 total 57411 96 24 Total 526715 94 25 Bills receiveble 1664 44 27 Premium notes 10181 00 30 Ledger assets 4723551 81 NonLedger Assets 31 Interest accrued on mortgages 32 Interest accrued on bonds 1500 00 47639 79 Total 43 Gross assets 49139 79 772691 60 Deduct Assets Not Admitted 45 Bills receivable 1664 44 49 Premiums in course of collection written prior to October 1 1911 5741196 51 Book value of ledger assets over market value 137904 58 56 Admitted Assets 4575710 62 VLiabilities 1 Losses and claims adjusted Credit 2 Losses and claims reported or in process of adjustment ac cident 5064500 health 1200000 fidelity 3 37900 plate glass 169000 steam boiler 102500 burglary and theft 1535000 credit 2014500 auto property damage 1464000 workmens collective 2 91400 total 3 Losses and claims resisted Accident 75000 burglary and theft 220000 credit 1750000 auto property damage 312500 total 4 Total losses and claims Accident 5139500 health 1200000 fidelity 337900 plate glass 169000 steam boiler 102500 burglary and theft 1755000 credit 4831000 auto property damage 1776o00 workmen s eollective 291400 10665 00 121 00 23575 00 156028 00ComptrollerGenerals Report 949 5 Deduct reinsurance Accident 351000 burglary and theft 627500 total 9785 00 6 Net unpaid claims except liability claims Accident 47 88500 health 1200000 fidelity 337900 plate glass 169000 steam boiler 102500 burglary and theft 1127500 credit 4831000 auto property damage 1776500 workmens collective 291400 total 146243 00 7 Estimated expenses of investigation and adjustment of un paid claims Accident 200000 health 12500 plate glass 10000 burglary and theft 15000 auto prop erty damage 200000 workmens collective 20000 4575 0Q total 8 Total losses and claims Accident 4988500 health 1212500 fidelity 337900 plate glass 179000 steam boiler 102500 burglary and theft 1142500 credit 4831000 auto property damage 1976500 workmens collective 311400 total 150818 00 16 Special reserve for unpaid liability losses 5o0oiy 8Z 17 Addition voluntary reserve in excess of statutory require ments estimated by Ocean as necessary for unpaid 314400 18 liability losses 18 Special reserve for credit losses on policies expiring m Oct Nov and Dec 1911 being fifty per cent of 187 75387 gross premiums received on said policies less 1062605 paid during said months on losses under said policies 18a Additional reserve for credit losses expiring December 3ist 1911 Special reserve for accrued losses on credit policies in force Dec 31st 1911 being 50 per cent of 25024984 unearned premiums on said policies 20 Total unpaid claims and expenses of settlement 1357074 92 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 2416 547 65 unearned premiums 50 per cent lluo 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 512 43533 unearned premiums pro rata 24 Commissions brokerage and other charges due or to be come due toagents or brokers on poilcies issued on or after October 1 1911 viz Accident 1432394 health 6 05766 liability 7538037 fidelity 120492 plate glass 471909 steam boiler 411320 burglary and theft 881396 auto property damage 522528 workmen s collective 57705 total 45 47950 ComptbolleeGenebals Repoet 29 Salaries rents expenses bills accounts fees etc due or accrued 5000 00 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 65000 00 34 Return premiums 14430 60 35 Reinsurance 34186 20 36 Advance premiums one hundred per cent 5240 00 38 Additional voluntary reserve for contingencies 250000 00 46 Total amount of all liabilities except capital 3289939 77 49 Surplus as regards policyholders 1285770 85 50 Total liabilities 4575710 62 Business in State of Georgia During Year Gross premiums less return premiums on risks written or re newed during the year Accident 358620 health 84081 liability 1191581 fidelity 255016 plate glass 23991 steam boiler 17445 burglary and theft 266610 credit 929500 automobile property dam age 170340 workmens collective 888837 total Gross losses paid Accident 72713 health 12161 liability 1190310 fidelity 75275 plate glass 10213 burg lary and theft 6212 credit 475252 automobile property damage 214954 workmens collective 3 35712 total 23928 02 41860 21 PACIFIC COAST CASUALTY COMPANY OF SAN FRANCISCO CAL E P Green President J Lichtenstein Secretary Home Office 420 Merchants Exchange Building San Francisco Cal P C Nasworthy 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 915297 21 Extended at 915297 21 IIIncome 1 Gross premiums unpaid December 31 of last year Ac cident and health 14550 liability 19987310 fidelity 115347 surety 2099660 plate glassComptrollerGenerals Report 951 768887 burglary and theft 458182 auto property damage 1178547 workmens collective 300688 total 249231 71 2 Gross premiums written and renewed during the year Accident and health 3874111 liability 65243459 fidelity 1695988 surety 16356317 plate glass 3772204 burglary and theft 2997292 auto prop erty damage 5719477 workmens collective 52 51890 total i049107 38 3 Total Accident and health 3888661 liability 852 30769 fidelity 1811335 surety 18455977 plate glass 4541091 burglary and theft 3455474 auto property damage 6898024 workmens collective y2578 total 1298339 09 4 Deduct gross premiums now in course of collection Liability 16410308 fidelity 337601 surety 29 13601 plate glass 797853 burglary and theft 6 17693 auto property damage 1238163 workmens collective 1597000 total 239122 19 5 Entire premiums collected during the year Accident and health 3888661 liability 68820461 fidelity 14 73734 surety 15542376 plate glass 3743238 burglary and theft 2837781 auto property damage 5659861 workmens collective 3955578 total 1059216 90 6 Deduct reinsurance return premiums and cancellations Accident and health 30407 liability 21807458 fidelity 154709 surety 1600909 plate glass 6 91001 burglary and theft 713607 auto property damage 1646404 workmens collective 601275 272457 70 total 7 Net cash actually received for premiums Accident and health 3858254 liability 47013003 fidelity 13 19025 surety 13941467 plate glass 3052237 burglary and theft 2124174 auto property damage 4013457 workmens collective 3354303 total 786759 20 20 Interest on mortgage loans 642 00 21 Interest on collateral loans 22 Interest on bonds and dividends on stock 33472 50 23 Interest on deposit 2308 22 24 Interest from all other sources 21 32 26 Total interest and rents i 42314 87 32 From all other sources Advance premiums 334708 from agents balances previously charged off 110802952 CoMPTROLLERGrENEKAL S REPORT gross increase by adjustment in book value of ledger assets 45818 4913 28 38 Total income 833987 35 IIIDisbursements 1 Gross Amount paid for losses Accident and health 918692 liability 15994953 fidelity 41743 surety 1182770 plate glass 1400156 burglary and theft 1028929 auto property damage 17 51775 workmens collective 1341709 total 236607 27 2 Deduct salvage and reinsurance Liability 307250 fidelity 37100 surety 192704 plate glass 3277 burglary and theft 60465 auto property damage 26970 total 6277 66 3 Net amount paid policyholders for losses Accident and health 918692 liability 15687703 fidelity 4643 surety 990066 plate glass 1396879 burglary and theft 968464 auto property damage 1724805 workmens collective 1341709 total 230329 61 4 Investigation and adjustment of claims Accident and health 171518 liability 6418432 fidelity 14611 surety 105528 plate glass 1710 burglary and theft 32378 auto property damage 74628 work mens collective 24227 total 68430 32 5 Totals Accident and health 1090210 liability 221 06135 fidelity 19254 surety 1095594 plate glass 1398589 burglary and theft 1000842 auto prop erty damage 1799433 workmens collective 13 65936 total 298759 93 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident and health 1750030 liability 15071253 fidelity 489450 surety 4308062 plate glass 11 57038 burglary and tiheft 812052 auto property damage 1290214 workmens collective 1149754 total 260278 53 19 Stockholders for interest or dividends 32000 00 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 55321 37 21 Salaries traveling and all other expenses of agents not paid by commissions 12709 87 23 Inspectionsother than medical 2476 05 24 Rents 4315 t0 27 All other taxes licenses and insurance department fees 8966 06 28 Legal expenses 2032 20 29 Advertising 2899 59 30 Printing and stationery 11811 15 ComptrollerGenerals Eeport 953 31 Postage and express telephone and telegraph 4911 12 32 Furniture and fixtures 33 Loss on sale or maturity of ledger assets State and municipal taxes and fees miscellaneous 27028 personal property tax 1352 state corporation taxes 15800 total UVooao 37 All other disbursements Home office expense 713262 office expense excise bureau New York l301dl agents balances charged off 929215 gross decrease by adjustment in book value of ledger assets 2gQ 56402 total 719277 72 46 Total disbursements IVLedger Assets 116000 00 2 Mortgage loans on real estate 712 559 46 4 Book value of bonds excluding interest 5 Cash in companys office 2910923 deposited in banks 15550147 total lOO 00 6 Bills receivable 16 736 68 8 Due by City of San Francisco under contract 1030006 84 11 Ledger assets NonLedger Assets 670 31 12 Interest accrued on mortgages 13 Interest accrued on bonds 15 Interest due on other assets 12336 35 Total 19 Gross premiums in course of collection viz On policies or renewals issued subse i quent to Oct 1 1911 Liability 147 943 56 fidelity 232662 surety 17 07159 plate glass 797853 burglary and theft 355214 auto property damage 1238163 workmens collec tive 1395459 total 204508 On policies or renewals issued prior to October 1 1911 Liability 1685952 fidelity 104939 surety 1206442 burglary and theft 262479 work mens collective 201541 total 34613 239122 19 Total 34 Other nonledger assets viz Furniture and fixtures 4 15542 printed matter and stationery 829058 total 12446 00 1293911 38 37 Gross Assets 954 CompteolleeGenerals Report Deduct Assets Not Admitted 39 BilJs receivable j 40 Furniture and fixtures 41 Supplies printed matter and stationery 43 Gross premiums in course of collection written prior to October 1 1911 45 Bonds 46 Deposit with Carnegie Trust Co in hands of receiver 100 00 4155 42 8290 58 34613 53 12842 28 2396 47 Total 62398 28 51 Admitted assets 1231513 10 VLiabilities 1 Losses and claims adjusted Plate glass 180617 burglary and theft 269812 auto property damage 382040 workmens collective 183759 total 10162 28 2 Losses and claims in process of adjustment Surety 11 76017 plate glass 187360 burglary and theft 90000 auto property damage 212250 workmens collective 259358 total 19213 85 3 Losses and claims resisted Auto property damage 71000 total 710 00 4 Total losses and claims Surety 1176017 plate glass 364377 burglary and theft 359812 auto property damage 665290 workmens collective 443117 total 15 Estimated expenses incident to the settlement of unpaid claims 16 Special reserve for unpaid liability losses 17 Voluntary reserve for unpaid liability losses 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 534789Q4 unearned premiums 50 per cent 267394 52 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 48 35511 unearned premiums pro rata 22212 91 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to Oct 1 1911 viz Liability 4960477 fidelity 78116 surety 591687 plate glass 3 14358 Burglary and theft 135344 auto property damage 398819 workmens collective 486413 total 30086 13 2810 49 105288 23 61200 00 20 289607 43 69652 14ComptrollerGenerals Eepoet 955 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 30 Return premiums l g4g Q2 31 Reinsurance 3347 Qg 32 Advance premiums 100 per cent 33 Other liabilities viz Interest paid in advance on mort gages No 2 and No 3 35 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of 12551 47 this statement 42 Total amount of all liabilities except capital 585679 26 43 Capital actually paid up in cash 400000 00 44 Surplus over all liabilities 240833 84 45 Surplus as regards policyholders 1231513 10 46 Total liabilities PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA r C I D Moore Secretary Geo I Cochran President Home Office Corner Sixth and South Olive Streets Los Angeles California 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 Add portion of stockholders surplus trans ferred from life department 714950 47 100000 00 Extended at 814950 47 IIIncome 1 Gross premiums written and renewed during the year Accident 153174134 health 39672145 total 1928462 79 2 Deduct reinsurance Accident 3 00 3 Deduct return premiums on policies can celled Accident 2080126 health 643016 total 21in 42 4 Deduct premiums on policies not taken Accident 36021668 health 5476598 total 414982 66 5 Total deductions Accident 38105494 health 61 19614 total 44225108956 ComptrollerGenerals Report 6 Net premiums Accident 115068640 health 335 52531 total 20 Policy fees required or represented by applications 1486211 71 71350 00 22 Gross interest on mortgage loans 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 227945 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust com panies and banks 13369 59 1306 66 9016 10 276 42 30 Total gross interest and rents 31 From other sources viz Ledger assets cash only re ceived other than premiums received from other com panies for assuming their risks 36 From agents balances previously charged off 37 Gross profit on sale or maturity of ledger assets viz Bonds 23968 77 8000 00 3305 87 3850 14 39 Total income 1596686 49 IIIDisbursements 1 Gross amount paid for losses Accident 48377718 health 15371642 total 2 Deduct reinsurance Accident 1290240 health 108852 total 13990 92 4 Total deduction Accident 1290240 health 108852 total 637493 60 13990 92 5 Net amount paid policyholders for losses Accident 470 87478 health 15262790 total 623502 68 17 Investigation and adjustment of claims viz Accident 458965 health 133249 total 5922 14 22 Policy fees retained by agents 71350 0O 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 37929361 health 10929792 total 488591 53 28 Salaries fees and all other compensation of officers di rectors trustees and home office employees 101002 14 29 Salaries traveling and all other expenses of agents not paid by commissions 27 748 00 30 Medical examiners fees and salaries 15 946 92 31 Inspections other than medical and claim 1190 45 32 Bents including 720000 for companys occupancy of its own buildings 20049 91 35 State taxes on premiums 20 235 24 36 Insurance department licenses and fees 4466 64 37 All other licenses fees and taxes viz Federal corpora tion 1a x 400 city licenses 47600 income taxComftrollerGtenebals Report 957 117 insurance tax 3102 Co tax 2627 personal property tax 8504 State license tax 260746 munici pal tax 15000 State department examinations w v ml 42 Legal expenses J gQ 43 Advertising 44 Printing and stationery 45 Postage telegraph telephone and express 7Zt o 4 294 oo 46 Furniture and fixtures 47 Stockholders for interest or dividends amount declared during the year 8000000 80000 00 48 Other disbursements viz Dividends to policyholders 17710 y general expense 496595 amount paid for business of the Republic Indemnity Company 12 68307 investment expenses 53389 total 18360 01 53 Agents balances charged off 56 Total disbursements 1546246 78 IVLedger Assets 2 Mortgage loans on real estate 517700 00 5 Cash in companys office 435635 in course of transmission 3957407 total 43930 42 6 Deposits in trust companies and banks not on interest 10313 81 Total 5424423 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 24995279 health 4079872 total 290751 51 On policies or renewals issued prior to Octo ber 1 1911 Accident 202083 health 67361 total 2694 44 24 Total 293445 95 t n 865390 18 30 Ledger assets NonLedger Assets 31 Interest accrued on mortgages 6639 27 40 Other nonledger assets viz Reinsurance due on account 765 92 claims 872795 37 43 Gross assets 958 ComptrollerGekeral s Report Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1911 2694 44 56 Total admitted assets Accident department 87010093 life department 2249318598 total23363286 91 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 6333100 health 842200 total 71753 00 3 Losses and claims resisted Accident 16904 00 4 Total losses and claims Accident 8023500 health 842200 total 88657 00 5 Deduct reinsurance Accident 4 400 00 6 Net unpaid claims except liability claims Accident 75 83500 health 842200 total 84257 00 7 Estimated expenses of investigation and adjustment of un paid claims Accident 100000 health 20000 total 1200 00 8 Total Accident 7683500 health 862200 total 85457 00 20 Total unpaid claims and expenses of settlement 85457 00 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 117286420 un earned premiums fifty per cent 586432 10 23 Total unearned premiums 586 432 10 24 Commissions brokerage and other charges due or to become due to agents or brokers on policies issued on or after October 1 1911 viz Accident 8049672 health 1312586 total 93622 58 29 Salaries rents expenses bills accounts fees etc due or accrued 2256 98 30 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 24000 0Q 36 Advance premiums one hundred per cent 12 832 27 44 Total liabilities accident department 804600 93 45 Total liabilities life department 20756436 77 46 Total amount of all liabilities except capital 21561037 70 47 Capital actually paid up in cash 1000000 00ComptrollerGenerals Report 959 48 Surplus over all liabilities including life department 73674921 802249 21 49 Surplus as regards policyholders 1802249 21 50 Total liabilities 23363286 91 Business in the State of Georgia During the Year Gross premiums less return premiums on risks written or re newed during the year Accident 3222759 health 1451925 total 46746 84 Gross losses paid Accident 1448164 health 826675 total 2274839 PENINSULAR CASUALTY COMPANY JACKSONVILLE FLA M D Johnson President C E Clarke Secretary Home Office Bisbee Building Jacksonville Fla Wm A Wright Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 125000 00 2 Amount of ledger assets as per balance December 31 of previous year 151049 38 Extended at 151049 38 IIIncome 1Gross premiums unpaid December 31 last year Accident and health 182675 plate glass 32191 burglary and theft 11500 workmens collective 255645 industrial sick benefit 437060 total 2 Gross premiums written and renewed during Accident and health 1825933 plate glass burglary and theft 174026 workmens 3951304 industrial sick benefit 2848081 the year 181346 collective 2 total 2 Total Accident and health 2008608 plate glass 2 13537 burglary and theft 185526 workmens col lective 4206949 industrial sick benefit 289 17872 total 4 Deduct gross premiums now in course of collection Ac cident and health 470388 plate glass 37321 burg lary and theft 68675 industrial sick benefit 16 41905 total 9190 71 346134 21 355324 92 22182 89960 ComptrollerGeneral s Report 5 Entire premiums collected during the year Accident and health 1538220 plate glass 176216 burglary and theft 116851 workmens collective 4206949 industrial sick benefit 27275967 total 333142 03 6 Deduct reinsurance return premiums and cancellations Accident and health 827097 plate glass 66369 burglary and theft 33476 workmens collective 281674 industrial sick benefit 480519 total 16891 35 7 Net premiums Accident and health 711123 plate glass 109847 burglary and theft 83375 work mens collective 3925275 industrial sick benefit 26795448 total 316250 68 20 Interest on mortgage loans 1619 98 21 Interest on collateral loans 135 56 22 Interest on bonds and dividends on stock 4638 85 25 Gross rents from companys property 226 43 26 Total interest and rents 27 Profit on sale or maturity of ledger assets Dividend un paid 382400 bills payable 400000 total 32 From all other sources Profit on sale of real estate 6620 82 7824 00 7985 00 38 Total income 338680 50 IIIDisbursements 1 Gross amount paid for losses Accident 51239 health 242060 plate glass 38681 burglary and theft 20100 workmens collective 2107834 industrial sick benefit 10699773 total 131596 87 2 Deduct salvage and reinsurance Accident 12730 health 2143 total 148 73 3 Totals Accident 38509 health 239917 plate glass 38681 burglary and theft 20100 workmens col lective 2107834 industrial sick benefit 106 99773 total 131448 14 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 263390 plate glass 38870 burglary and theft 28103 workmens 977206 industrial benefit 33050 total 1340619 19 Stockholders for interest or dividends 18750 00 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 13588 19 21 Salaries traveling and all other expenses of agents not paid by commissions 141407 86 22 Medical examiners fees and salaries 110 30 24 Rents 4745 95ComptrollerGenerals Beport 26 Taxes on real estate 27 All other taxes licenses and insurance Department tees 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 Keal estate 31925 bonds 10000 total 37 11 other disbursements Industrial debit purchase 2 38000 expense general 230449 interest miscell 6038 expense investment 25000 total 961 85 78 4136 82 1176 21 1913 60 3445 39 2270 49 805 70 419 25 4994 87 46 Total disbursements 342704 74 IVLedger Assets 2 Mortgage loans on real estate 3 Loans secured by pledge of bonds stocks or other col laterals 4 Book value of bonds excluding interest 5 Cash in companys office 229288 deposited m banks 252065 total 8 Due from agents 11 Ledger assets 24750 00 6050 00 103579 15 4813 53 7832 46 147025 14 NonLedger Assets 12 Interest accrued on mortgages 13 Interest accrued on bonds 14 Interest on collateral loans 16 Bents accrued on companys property or lease 729 65 977 50 242 00 420 00 Total 18 Market value of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued sub sequent to Oct 1 1911 Accident and health 470388 plate glass 37321 burglary and theft 68675 industri sick benefits 1641905 total 2369 15 113 85 22182 89 Total 22182 89 37 Gross assets 171691 03962 ComptrollerGenerals Report VLiabilities 1 Losses and claims in process of adjustment workmen collective 2 Losses and claims resisted Workmens collective 3 Total losses and claims Workmens collective 4 Deduct reinsurance 15 Net unpaid claims except liability claims 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 1254363 unearned premiums 50 per cent 6271 81 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to Oct 1 1911 Accident 117597 plate glass 9340 burglary and theft 17169 total 27 Dividends due stockholders 28 Due and to become due for borrowed money 41 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 18230 41 46 Total liabilities Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Workmens collective 1563067 Industrial sick benefit 43660 total Gross losses paid Workmens collective 984996 industrial sick benefit 9735 total 1300 00 250 00 1550 00 250 00 1300 00 6271 81 144 06 3824 00 4000 00 11623 75 28460 62 45 Surplus as regards policyholders 143 230 41 171691 03 16067 27 9947 31 THE PREFERRED ACCIDENT INSURANCE CO OF NEW YORK Kimball C Atwood President Wilfred C Potter Secretary Home Office 290 Broadway New York N Y Wm A Wright Atlanta Attorney for Service in Georgia 1 Amount of capital paid up in cash ICapital Stock 700000 00ComptrollerGenerals Report 963 2 Amount of ledger assets as per balance December 31 of previous year 2264512 78 3 Increase of paidup capital during the year 350000 00 Extended at 2614512 78 IIIncome 1 Gross premiums written and renewed during the year Accident 126801475 health 34477145 liability 10478257 burglary and theft 2712904 auto prop erty damage 6567921 total 1810377 02 2 Deduct reinsurance Accident 2253566 health 153003 liability 164016 burglary and theft 190767 total 3 Deduct return premiums on policies can celled Accident 456511 health 2 35337 total 4 Deduct premiums on policies not taken Accident 12500109 health 5833276 liability 2230946 burglary and theft 413095 auto property damage 14 90299 total 27613 52 6918 48 224677 25 259209 25 5 Total deductions Accident 15210186 health 62 21616 liability 2394962 burglary and theft 6 03892 auto property damage 1490299 total 6 Net premiums Accident 111591289 health 282 55529 liability 8083295 burglary and theft 21 09042 auto property damage 5077622 total 1551167 77 22 Gross interest on mortgage loans 24 Gross interest on bonds and dividends on stocks less 605800 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust com panies and banks 26 Gross interest from all other sources viz Agency account of Upham Bros 15906 and W A Ogden 12000 total 1895 84 74544 14 5600 94 279 06 30 Total gross interest and rents 39 Total income 82319 98 1633487 75 IIIDisbursements 1 Gross amount paid for losses Accident 39662489 health 10650245 liability 89000 burglary and theft 19663 nto pnperty damage 68158 total 504895 55964 ComptrollerGenerals Report 2 Deduct reinsurance Accident 511816 health 22307 total 5341 23 3 Deduct salvage Auto property damage 25 00 499529 32 29 30 31 4 Total deduction Accident 511816 health 22307 auto property damage 2500 total 5366 23 5 Net amount paid policyholders for losses Accident 391 50673 health 10627938 liability 89000 burglary and theft 19663 auto property damage 65658 total 17 Investigation and adjustment of claims viz Accident 685896 health 342947 liability 142112 bur glary and theft 520 auto property damage 96612 total 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 36271072 health 8230105 liability 18 01441 burglary and theft 595395 auto property damage 1206898 total 28 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 and claim 32 Rents 35 State taxes on premiums 36 Insurance department licenses and fees 37 All other licenses fees and taxes viz Federal corpora tion tax 47024 city fees and taxes 128129 county fees and taxes 1431 all other fees 25260 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 13300000 48 Other disbursements viz Bank exchange 102473 moving furniture 9760 car fare 4831 ice 3570 water 12840 laundry 23447 porters 10550 bureau of publicity 54250 Intl Claim Assn 2000 Intl Underwriters Assn 7000 Workmens Comp Bureau 10000 wedding present 10000 Inps elec tions 4000 deposit vault rent 6667 petty items 6940 total 2683 28 54 Gross loss on sale or maturity of ledger assets viz Bonds 31 25 12680 87 481049 11 131771 31 38519 77 17207 42 1035 36 17250 94 21567 36 4417 11 2018 44 3177 54 6214 75 17407 75 8053 17 2223 99 119000 00 56 Total disbursements 1385838 74ComptbollebGenebals Bepobt 965 IVLedger Assets 2 Mortgage loans on real estate first liens 7o000 00 4 Book value of bonds 208983935 and stocks 21509436 total 23049dd 5 Cash in companys office V d8 6 Deposits in trust companies and banks not 50000 00 on interest 7 Deposits in trust companies and banks on interest 126077 85 Total 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 16231894 health 4057974 liability 5865516 burglary and theft 1491379 autoim bile property damage 3499790 total 311465 53 On policies or renewals issued prior to October 1 1911 Accident 2739801 health 684950 total 34247 51 345713 04 24 Totals 893 75 25 Bills receivable 26 Other ledger assets viz Advances to agentsDisjt 2862161 79 30 Ledger assets NonLedger Assets 19956 99 32 Interest on bonds 2882118 78 43 Gross assets Deduct Assets Not Admitted 45 Bills receivable 823 7o 49 Premiums in course of collection written prior to October 1 1911 34247 51 51 Book value of ledger assets over market value viz Bonds and stocks 110 01927 advances to agents 961344 total 119632 Total 1547397 1 2727414 81 56 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment Accident 9117072 health 1506784 burglary and theft 155000 auto property damage 191000 total 109704 56966 ComptrollerGeneral s Report 22500 health 3 Losses and claims resisted Accident 357500 total 4 Total Accident 9940172 health 1864284 burglary and theft 155000 auto property damage 191000 total 5 Deduct reinsurance Burglary and theft 8 Total losses and claims Accident 10140172 health 1864284 burglary and theft 129167 auto property damage 201000 total 17 Special reserve for unpaid liability losses 20 Total unpaid claims and expenses of settlementj 21 Gross1 premiums less reinsurance upon all unexpired risks running one year or less from date of policy 140991758 un earned premiums fifty per cent and Pro rata 753265 85 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 563822 un earned premiums pro rata 5267 99 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 1911 viz Accident 3905201 health 1356392 liability 874782 burglary and theft 2 76271 auto property damage 499837 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal State and other taxes based upon the business of the year of this statement 31 Dividends declared and unpaid to stockholders 35 Reinsurance 36 Advance premiums one hundred per cent 37 Other liabilities viz Reserve for contingent installment policy claims 11890400 additional voluntary reserve for contingencies 25000011 total 11800 00 121504 56 358 33 6 Net unpaid claims except liability claims Accident 99 40172 health 1864284 burglary and theft 119167 auto property damage 191000 total 121146 23 7 Estimated expenses of investigation and adjustment of un paid claims Accident 200000 burglary and theft 10000 auto property damage 10000 total 2200 00 123346 23 5480 61 128826 84 758533 84 69124 83 7147 90 24000 00 14000 00 6265 90 2950 00 143904 00 46 Total amount of all liabilities except capital 1154 753 31 ComptrollerGenerals Report 967 47 Capital actually paid up in cash 700000 00 48 Surplus over all liabilities 82661 50 r il 1572661 50 49 Surplus as regards pohcyholdeis J 50 Total liabilities 2727414 81 Business in the State of Georgia During the Year Gross premiums less return premiums on risks written or re newed during the year Accident 728413 health 219801 burglary and theft 15000 total 9632 14 Gross losses paid Accident 297097 health 93919 total 3910 16 ROYAL CASUALTY COMPANY OF ST LOUIS MISSOURI Geo E Dickson President H B Olive Secretary Home Office Seventh and Olive Sts St Loins Mo W A Wright Attorney for Service b GeorSa TCapital Stock 1 Amount of capital paid up in cash 0 100000 00 2 Amount of ledger assets as per balance December 31 of previous year 117109 1 1 Extended at IIIncome 1 Net premiums Accident lxii0 health 9126923 T total 19 Policy fees required or represented by applications 20 Interest on mortgage loans less accrued interest 22723 538 t14 22 Interest on bonds and dividends on stock 90 23 Interest on deposit and certificate of Deposit 360 4 117169 74 91455 23 51711 00 26 Total interest and rents 27 Profit on sale or maturity of ledger assets Due lulls 17264 buttons 3268 cancelled checks lss2 miscellaneous 2387 total 5742 58 417 44 153326 25 38 Total income 968 ComptrollerGenerals Report IIIDisbursements 1 Gross amount paid for losses Accident 1653675 health 1600021 death 264734 total 35184 30 4 Investigation and adjustment of claims Accident 16000 health 20345 total 363 45 5 Total Accident 1669675 health 1620366 death 264734 total 35j547 75 14 Commissions or brokerage less amount received on return premiums and reinsurance 18 Policy fees retained by agents 20 Salaries fees and all other compensation of officers directors trustees and home office employees 22 Medical examiners fees and salaries 24 Rents 27 All other taxes licenses and insurance department fees 28 Legal expenses 29 Advertising 30 Printing and stationery 31 Postage and express 32 Furniture and fixtures 37 All other disbursements Telegraph 5214 telephone 25703 exchange 8473 traveling expenses 165801 P H Pickrell 180000 prizes 20620 bonuses 16600 pocket books 20000 subscription to maga zines 1700 agents expenses 18133 miscellaneous 29184 agents balances charged off 474285 total 9657 13 29349 32 55750 93 18859 27 13 51 2180 00 3397 39 652 20 629 90 3667 47 3250 98 483 80 46 Total disbursements 163 439 65 IVLedger Assets 2 Mortgage loans on real estate 5 Cash in companys office 5482 deposited in banks 4790152 total 11 Ledger assets 107056 34 59100 00 47956 34 NonLedger Assets 12 Interest due 21600 and accrued 72278 on mortgages 938 78 15 Interest due 21667 and accrued 64500 on certificates of deposit 861 67 Total 34 Other nonledger assets viz Bills received 99594 fur niture and fixtures 120000 printing and stationery 1800 45ComptrollerGenerals Eeport 969 200000 premiums in course of collection 337390 due bills 32100 total Total 321 00 7890 84 37 Gross assets 116747 63 Deduct Assets Not Admitted 39 Bills receivable 995 94 40 Furniture and fixtures I200 00 41 Supplies printed matter and stationery 42 Due bills 4516 94 51 Admitted assets 112230 69 VLiabilities 1 Losses and claims in process of adjustment Accident 92947 health 198133 total 2 Losses and claims resisted Health 10800 death and exp of inv 32500 total 3 Total losses and claims Accident 92947 health 208933 death and exp of inv 32500 total 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy onesixtieth per cent of 764359 12740 unearned premiums 50 per cent of 133225 67612 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 32 Advance premiums 100 per cent 42 Total amount of all liabilities except capital 43 Capital actually paid up in cash 44 Surplus over all liabilities 3555 55 2910 80 433 00 3343 80 80352 3172 07 1355 75 45 Surplus as regards polycyholders 46 Total liabilities 8675 14 103555 55 112230 69 Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Accident and health Gross losses paid Accident 74422 health 170040 total 5634 36 2444 62970 ComptrollerGeneral s BepobT royal indemnity company of new york Edward F Beddall President J Harold Pearch Secretary Head Office 84 William Street New York N Y Milton Dargan 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 January 19 1911 1048811 11 3 Increase of paidup capital during the year 500000 00 Extended at 1548811 11 IIIncome 1 Gross premiums written and renewed during the year Accident 4168914 health 1767366 liability 51041453 fidelity 3585027 surety 1280011 plate glass 4554118 steam boiler2141995 burg lary and theft 5255789 fly wheel 621378 auto property damage 10147577 workmens collective 424276 total 849S79 04 2 Deduct reinsurance Accident 454846 health 77776 liability 572368 fidelity 253197 surety 114625 steam boiler 120656 burglary and theft 702219 1ly wheel 63623 automobile property damage 566613 total 29259 23 3 Deduct return premiums on policies can celled Accident 69850 health 31345 liability 1947542 fidelity 105686 surety 1938 plate glass 94726 steam boiler 16613 burglary and theft 192921 fly wheel 1035 automobile property damage 645280 total 31069 39 4 Deduct premiums on policies not taken Accident 660276 health 356142 liability 11249925 fidelity 212511 surety 172546 plate glass 717029 steam boiler 517500 burglary 1111 theft 517ON tly wheel 37553 auto mobile property damage 2204756 workmens collective 280940 total 169868 19 5 Total deductions Accident 1184972 health 465563 liability 13769835 fidelity 601427 surety 2T ComptrollerGenerals Report 971 89109 plate glass 811755 steam boiler 654769 burglary and theft 1442451 fly wheel 102211 automobile property damage 3416649 workmens collective 280940 total 6 Net premiums Accident 2983942 health 1301803 liability 37271618 fidelity 2983600 surety 9 90902 plate glass 3742363 steam boiler 14 87226 burglary and theft 3813338 fly wheel 519167 automobile property damage 6730928 workmens collective 143336 totals 24 Gross interest on bonds and dividends on stocks less 1849879 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust companies and banks 32 Premiums on issue of additional capital stock of 500 00000 par value 100 per chare 33 Increase to surplus paid in by stockholders 39 Total income 230196 81 619682 23 25871 32 1484 68 11084 47 300000 00 958122 7Q IIIDisbursements 1 Gross amount paid for losses Accident 87194 health 68781 liability 4077594 fidelity 72500 plate glass 348101 burglary and theft 198648 auto property damage 1028869 workmens collective 31875 total 59135 62 2 Deduct reinsurance Accident 1800 health 3750 liability 2500 auto property damage 158555 total 1666 05 3 Deduct Salvage Fidelity 72500 burg lary and theft 5000 automobile prop erty damage 6920 total 844 20 4 Total deductions Accident 1800 health 3750 liability 2500 fidelity 72500 burglary and theft 5000 automobile property damage 165475 total 5 Net amount paid policy holders for losses Accident 85394 health 65031 liability 4075094 plate glass 348101 burglary and theft 193648 auto property damage 863394 workmens collective 31875 total 56025 37 17 Investigation and adjustment of claims viz Accident 17079 health 13006 liability 2093362 fidelity 30 plate glass 69622 steam boiler 41794 burglary and theft 38730 fly wheel 14590 auto property damage 281606 workmens collective 4048 total 25738 67 5510 25972 ComptrollerGeneral s Report 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 539095 health 228855 liability 64 96972 fidelity 492635 surety 197287 plate glass 747274 steam boiler 109489 burglary and theft 766304 fly wheel 89351 automobile property damage 1203078 workmens collective 9088 total 108794 28 28 Salaries fees and all other compensation of officers directors trustees and home office employees 41311 89 29 Salaries traveling and all other expenses of agents not paid by commissions 142942 87 31 Inspections 8393 86 32 Eents 13704 42 35 State taxes on premiums 1405 78 36 Insurance department licenses and fees 7438 99 37 All other licenses fees and taxes Tax under secured debts law of State of New York 358151 agents licenses 435825 publication fees 30971 total 824947 42 Legal expenses 7696 32 43 Advertising 4206 94 44 Printing and stationery 50098 54 45 Postage telegraph telephone and express 11949 42 46 Furniture and fixtures 25100 99 48 Other disbursements Employes fidelity bonds 28825 subscriptions to publications 14350 head office sundry expenses 373974 total 4171 49 53 Agents balances charged off 750 86 54 Gross loss on sale or maturity of ledger assets viz Bonds 10 91 56 Total disbursements 518591 07 IVLedger Assets 4 Book value of bonds 1699931 65 5 Cash in companys office 1070 75 6 Deposits in trust companies and banks not on interest 5284 62 7 Deposits in trust companies and banks on interest 99115 90 8 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1911 Accident 1259808 health 577079 liability 9200976 fidelity 948091 surety 348062 plate glass 1221359 steam boiler 956739 burglary and theft 11 06373 fly wheel 103579 automobile property damage 1592993 workmens collective 45836 total 173608 95 On policies or renewals issued prior to Oc tober 1 1911 Accident 77978 CompteollebGeneeals Eepoet health 21021 liability 390027 fidelity 93504 surety 17900 plate glass 40480 steam boiler 21350 burglary and theft 32842 fly wheel 133510 automobile property damage 104475 total 9330 87 973 Total 182939 82 30 Ledger assets NonLedger Assets 32 Interest accrued on bonds 1988342 74 24005 24 43 Gross assets 2012347 98 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 51 Book value of ledger assets over market value viz Bonds 9330 87 9169 08 56 Admitted assets W848 03 VLiabilities 1 Losses and claims Fidelity 2 Losses and claims reported or in process of adjustment Accident 554714 health 15500 fidelity 1529 plate glass 136290 burglary and theft 223241 auto property damage 264800 workmens collective 2000 total 3 Losses and claims resisted Automobile property damage 20000 total 400 00 11980 74 200 00 4 Total losses and claims Accident 554714 health 15500 fidelity 41529 plate glass 136290 burg lary and theft 223241 automobile property damage 284800 workmens collective 2000 total 7 Estimated expenses of investigation and adjustment of unpaid claims Plate glass 3500 burglary and theft 11500 automobile property damage 20000 total 12580 74 350 00 8 Total losses and claims Accident 554714 health 15500 fidelity 41529 plate glass 139790 burg lary and theft 234741 automobile property damage 304800 workmens collective 2000 total 17 Special reserve for unpaid liability losses 12636 77 37639 77 20 Total unpaid claims and expenses of settlements 50570 51974 ComptrollerGenerals Report 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 53657313 unearned premiums 50 per cent 268286 56 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 4042992 unearned premiums pro rata 36768 00 23 Total unearned premiums as shown by recapitulation 305054 56 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Accident 420836 health 182955 liability 2059075 fidelity 2 32524 surety 88634 plate glass 320418 steam boiler 228432 burglary and theft 319896 fly wheel 31856 automobile property damage 354616 Workmens collective 14749 total 42539 91 29 Salaries rents expenses bills accounts fees etc due or accrued 7135 03 30 Estimated amount hereafter payable for Federal State and other taxes based upon the business of the year of this statement 8838 00 46 Total amount of all liabilities except capital 414138 01 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 579710 02 49 Surplus as regards policyholders 1579710 02 50 Total liabilities 1993848 03 Business in Georgia During Year Gross premiums less return premiums on risks written or renewed during the year Accident 228583 health 170033 liability 437777 fidelity 87425 surety 33600 plate glass 28128 steam boiler 21225 burglary and theft 31600 fly wheel 45475 auto property damage 76392 total 11602 38 Gross losses paid Alcident 15162 health 4340 liability 110809 plate glass 636 steam boiler 9358 burglary and theft 41957 fly wheel 3267 auto property damage 40156 total 2256 85ComptbolleeGeneeals Eepoet 975 southern states fire casualty insurance co of birmingham alabama Robert Northrup President W Wf Haralson Secretary Principal Office BrownMarx Building Birmingham Ala Wm A Wright Atlanta Attorney for Service in Georgia ICapital 1 Whole amount of capital stock 410620 00 2 Amount paid up in cash 410620 00 IIAssets 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 11400 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 285047 50 12 Cash in companys principal office 157 91 13 Cash belonging to the company deposited in bank certificates of deposit and cash 211125 95 Total cash items 211283 86 15 Interest due and accrued on stocks and bonds not included in market value uncollected 4781 73 17 Cash in hands of agents and in course of transmission 43993 08 Total assets of the company actual cash market value 556506 17 IIILiabilities 1 Losses due and unpaid 22813 40 4 Total gross amount of claims for losses 22813 40 5 Deduct reinsurance thereon 2730 00 6 Net amount of unpaid losses 20083 40 11 Total unearned premiums carried out fire 6005810 casualty 1174307 total 71801 17 18 Amount of borrowed money liability acct nonadmitted assets 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Due other insurance companies 6584 54 Sundry liabilities account rent salaries etc l08 79 20 Total amount of all liabilities except capital stock scrip and net surplus 101422 41976 ComptrollerGeneral s Report 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVIncome During the Year Fire Risks Casualty 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 11041 75 1586 79 410620 00 44463 76 556506 17 3 Net collected 1104175 1586 79 4 Gross premiums on risks written and renewed dur ing the year 151206 37 35042 23 5 Total 162248 12 6 Deduct premiums and bills in course of collection at this date 33955 43 36629 02 6329 55 7 Entire premiums collected during the year 128292 69 8 Deduct reinsurance and re turn premiums 50187 58 30299 47 9 Net cash actually received for premiums carried out 78105 11 30299 47 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 Surplus paid in 12 Income received from all other sources omitting increase if any in value of securities viz Rents 13 Received for increase of capital 118404 58 18069 91 35157 18 3299 44 44770 00 15 Aggregate amount of income actually received during the year in cash 219701 11 VExpenditures During the Year Fire Risks Casualty 1 Gross amount actually paid for losses including 6 55701 losses occurring in previous years 49625 50 15112 37ComptrollerGeneral s Report 977 2 Deduct all amounts actually received for salvage whether on losses of the last or of previous year 12928 02 Net amount paid during the year for losses 36697 48 15112 37 51809 85 6 Paid for commissions or brokerage 33624 69 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 46511 68 8 Paid for State national and local taxes in this and other States 2380 14 9 All other payments and expenditures viz Purchase fiscal agents contracts 1666666 all other expenditures 3383535 total 50502 01 Aggregate amount of actual expenditures during the year in cash 184828 37 VIRisks and Premiums Fire Bisks Premiums Thereon In force on the 31st day of December 1911 1242517 00 28239 35 2 Written or renewed during 1911 6856400 00 151206 37 3 Total 8098917 00 179445 72 4 Deduct those expired and marked off as terminated in 1911 2536743 00 59360 79 5 In force at end of year 1911 5562174 00 120084 93 6 Deduct the amount reinsured in other companies 1157012 00 22759 21 7 Net amount in force 4405162 00 97325 72 8 Greatest amount insured in any one risk Fire 750000 casualty 2500000 Business in the State of Georgia During the Year Fire marine and inland risks written 435783 00 Premiums received gross 6928 50 Losses paid 648 19 Losses incurred 680 03978 ComptrollerGeneral s Report THE STANDARD ACCIDENT INSURANCE CO OF DETROIT MICH Lem W Bowen President M W OBrien Secretary Home Office Penobscot Building Detroit Michigan E V Carter 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 3391411 19 Extended at 3391411 19 IIIncome 1 Gross premiums unpaid December 31 last year Accident 22817423 health 3597189 liability 11574646 auto property damage 1106753 workmens collective 1115214 total 2 Gross premiums written and renewed during the year Accident 143448175 health 20487438 liability 155292413 auto property damage 14695060 work mens collective 4079867 total 402112 25 3380029 53 3 Total Accident 166265598 health 24084027 liability 166867059 auto property damage 158 01813 workmens collective 5195081 total 3782141 78 4 Deduct gross premiums now in course of collection Acci dent J99l7564 health 2938214 liability 146 93516 auto property damage 1644931 workmens collective 1316554 total 405707 79 7 Entire premiums collected during the year Accident 146288034 health 21146413 liability 1521 7354 auto property damage 14156882 workmens collective 3878527 total 3376433 99 Deduct reinsurance return premiums and cancellations Accident 29591440 health 5298715 liability 281 78406 auto property damage 3029202 workmens iliective 181639 total 662784 02 Net premiums Accident 116697594 health 158 47698 liability 123995137 auto property damage 11127680 workmens collective 3696888 total 2713649 97 18 Total net cash actually received for premiums 2713649 97 19 Policy fees required or represented by applications 39033 00 20 Interest on mortgage loans 15568 08 ComptrollerGenerals Report 979 21 Interest on collateral loans 1687 50 22 Interest on bonds and dividends on stock 139897 05 23 Interest on deposit 1703 35 24 Interest from all other sources 244 68 26 Total interest and rents 27 Profit on sale or maturity of ledger assets Bonds 159100 66 1942 90 38 Total income 2913726 53 IIIDisbursements 1 Gross amount paid for losses Accident 53918685 health 5724585 liability 52985649 auto property damage 4640690 workmens collective 2062930 total 1193325 39 2 Deduct salvage and reinsurance Accident 11103 45 3 Net amount paid policyholders for losses Accident 528 08340 health 5724585 liability 52985649 auto property damage 4640690 workmens collective 20 62930 total 1182221 94 4 Investigation and adjustment of claims Accident 10 99428 health 76457 liability 16785067 auto property damage 153771 workmens collective 49763 total 181644 86 5 Totals Accident 53907768 health 5801042 liability 69770716 auto property damage 4794461 work mens collective 2112693 total 1363866 80 14 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 34569998 health 5056521 liability 29551538 auto property damage 2804175 work men s collective 909434 total 728916 66 18 Policy fees retained by agents 39033 00 19 Stockholders for interest or dividends amount declared during the year 7000000 70000 00 20 Salaries fees and all other compensation of officers di rectors trustees and home office employees 146595 80 21 Salaries traveling and all other expenses of agents not paid by commissions 141896 56 23 Inspections other than medical 23841 82 24 Rents 9020 00 25 Repairs and expenses other than taxes on real estate 5 00 27 All other taxes licenses and insurance department fees 69341 78 29 Advertising 19206 15 30 Printing and stationery 26995 01 31 Postage and express 17788 06 32 Furniture and fixtures 1619 62980 ComptrollerGenerals Report 33 Loss on sale or maturity of ledger assets viz Gross de crease by adjustment in book value of bonds 37 All other disbursements viz Agents balances charged off 133301 traveling expenses of home office em ployees 555650 sundry expenses 833581 total 8978 95 15225 32 46 Total disbursements 2682330 53 IVLedger Assets 2 Mortgage loans on real estate first liens 229775 00 3 Loans secured by pledge of bonds stocks or other collaterals 50000 00 4 Book value of bonds excluding interest 3199123 03 5 Cash in companys office 628355 deposited in banks 13762561 total 143909 16 11 Ledger assets 3622807 19 NonLedger Assets 12 Interest accrued on mortgages 2495 24 13 Interest accrued on bonds 27693 38 14 Interest due 56250 and accrued 5000 on collateral loans 612 50 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 1911 Accident 183 79759 health 2738416 liability 13791716 auto property damage 15 42946 workmens collective 1277988 total 377308 25 On policies or renewals issued prior to October 1 1911 Accident 1597805 health 199798 liability 901800 auto property damage 101985 work mens collective 38566 total 28399 54 30801 12 7738 47 33 Totals 405707 79 37 Gross assets 4067054 57 Deduct Assets Not Admitted 43 Gross premiums in course of collection written prior to October 1 1911if 28399 54 CompteolleeGteneeals Eepoet 981 44 Book value of ledger assets over market value viz Collateral loan 8200 00 Total 36599 54 51 Admitted assets 4030455 03 YLiabilities 1 Estimated expenses incidental to settlement of unpaid claims Accident 426725 health 19650 auto prop erty damage 32816 workmens collective 10852 total 2 Losses and claims in process of adjustment Accident 3711842 health 153785 auto property damage 3 95788 workmens collective 39645 total 3 Losses and claims reported proofs not received Accident 13285536 health 1326565 auto property damage 15 95608 workmens collective 550737 total 4 Losses and claims resisted Accident 5 Total losses and claims Accident 22340103 health 1500000 auto property damage 2024212 work mens collective 601234 total 16 Special reserve for unpaid liability losses 18 Total unpaid claims and expenses of settlement 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 205574416 un earned premiums 50 per cent 1027872 09 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 5495917 unearned premiums pro rata 25371 00 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 1911 viz Accident 5501361 health 8 86293 liability 3282438 auto property damage 379554 workmens collective 323330 total 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 30 Return premiums 31 Reinsurance 32 Advance premiums 100 per cent 33 Other liabilities viz Additional liability reserve to be used as required 4900 43 43010 60 167584 46 49160 00 264655 49 486220 20 750875 69 1053243 09 103729 76 63612 24 16978 88 2238 19 4198 89 135000 00 42 Total amount of all liabilities except capital 2129876 74982 ComptrollerGenerals Report 43 Capital actually paid up in cash 500000 00 44 Surplus over all liabilities 1400578 29 45 Surplus as regards policyholders 1900578 29 46 Total liabilities 4030455 03 Business in the State of Georgia During the Year Gross premiums received on risks written or renewed during the year Accident 1938057 health 246233 liability 581437 auto property damage 97902 total 28636 29 Gross losses paid Accident 820464 health 76576 lia bility 274568 auto property damage 5560 total 11771 68 UNITED STATES BRANCH OF THE THAMES MERSEY MARINE INSURANCE COMPANY LIMITED OF GREAT BRITAIN AND IRELAND United States Manager H K Fowler Head Office in United States 8292 Beaver Street New York City N Y A j Farie Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 300000 00 2 Amount of Ledger assets as per balance December 31 of previous year 840596 31 Extended at 840596 31 IIIncome 1 Gross premiums written and renewed during the year Marine 1304313 14 2 Deduct reinsurance return premiums and cancellations Marine 555596 31 18 Total net cash actually received for premiums 648946 16 22 Interest on bonds and dividends on stock 24150 00 29 Received from an for account of home office 232131 59 38 Total income 905227 75ComptrollerGeneral s K kport 983 IIIiDisbursements 1 Gross amount paid for losses Marine 399610 76 OS Beduet salvage and reinsurance Marine 21S777 60 13 Total lf 6 14 Commissions or brokerage less amount received on return premiums and reinsurance 0 20 Salaries fees and all other compensation of officers directors trustees and home office employees 33f72 53 21 Salaries traveling and all other expenses of agents not paid by commissions o98 7 24 Eents 031 25 27 All other taxes licenses and insurance department fees 27449 yO 28 Legal expenses 91 30 Printing and stationery 9 31 Postage and express Jouu 32 Furniture and fixtures 38 Underwriters boards and tariff associations 914 06 39 Inspection and surveys 4 98 40 Miscellaneous expenses i M8P si 41 Remitted to and paid for account of home office 501961 32 46 Total disbursements 834200 43 iyLedger Assets 4 Book value of bonds excluding interest 40342050 and book value of stocks 26066300 total 664083 50 5 Cash in companys office 3293 deposited in banks W3270 total ftjg f 3876 62 208040 40 6 Bills receivable 8 Agents balances representing business written subsequent Oct 1 1911 9 Agents balances representing business written prior to Oct 1 1911 1Q757 48 911623 63 11 Ledger assets NonLedger Assets 13 Interest accrued on bonds A1 TCOTHAHC 37 Gross assets 914942 38 3318 75 i Deduct Assets Not Admitted s in course of collection written prior to 43 Gross premium October 1 1911 44 Book value of ledger assets over market value 10757 48 72158 50 51 Admi tted assets 832026 40984 CompteollebOtenebal s Report VLiabilities 1 Losses and claims adjusted Marine 2 Deduct reinsurance 3 Net unpaid claims except liability claims 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 10140259 unearned premiums 50 per cent 50701 30 20 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 63369 98 21 Total unearned premiums as shown by recapitulation 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to October 1 1911 viz Marine 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 30 Return premiums and reinsurance 32 Estimate amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 264297 00 85924 00 178373 00 45 Surplus as regards polieyholders 46 Total liabilities Business in Georgia During Year Gross premiums received on risks written or renewed during the year Marine Gross losses paid Marine 114071 28 3854 00 4500 00 115426 92 17500 00 42 Total amount of all liabilities except capital 433725 20 43 Capital actually paid up in cash 300000 00 44 Surplus over all liabilities 96201 20 396201 20 829926 40 6166 52 388 93 THE TITLE GUARANTY SURETY COMPANY OF SCRANTON PA L A YVatros President J H Law Secretary Home Office 516 Spruce Street Scranton Penn D 1 Mclntyre Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 71282000 ComptrollerGenerals Eeport 985 2 Amount of ledger assets as per balance December 31 of previous year 2253338 73 3 Decrease of paidup capital during the year 50000000 new capital paid in during year 21282000 total 28718000 Extended at 1966158 73 IIIncome 1 Gross premiums written and renewed during the year Surety 129847312 title 177096 total 2 Deduct reinsurance Surety 202780 10 3 Deduct return premiums on policies can celled Surety 109163 19 5 Total deductions Surety 6 Net premiums Surety 98652983 title 177096 total 22 Gross interest on mortgage loans 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 2 82437 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust companies and banks 26 Gross interest from all other sources Miscellaneous 29 Gross rents from companys property including for companys occupancy of its own buildings 1300244 08 311943 29 988300 79 5009 94 94 64 44181 92 2268 11 173 97 9500 00 30 Total gross interest and rents 31 From other sources By decrease of capital stock 500 00000 title department search fees 288574 total 36 Prom agents balances previously charged off 37 Gross profit on sale or maturity of ledger assets viz Bonds 61228 58 502885 74 30 77 496 38 39 Total income 1552941 76 IIIDisbursements 1 Gross amount paid for losses Surety 49511085 45000 total 3 Deduct salvage Surety title 5 Net amount paid policyholders for losses Surety 39S 81580 title 45000 total 17 Investigation and adjustment of claims viz Surety 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Surety 28 Salaries fees and all other compensation of officers direc tors trustees and home office employees 495500 85 96295 05 399265 80 62608 72 174896 81 95096 13986 ComptrollerGenerals Report 29 Salaries traveling and all other expenses of agents not paid by commissions 189057 15 32 Rents including 800000 for companys occupancy of it own buildings 13666 65 33 Repairs and expenses other than taxes on real estate 3509 59 34 Taxes on real estate 1357 18 35 State taxes on premiums 14804 76 36 Insurance department licenses and fees 11406 77 Federal corporation tax Capital stock tax 5598 55 Legal expenses 884 80 Advertising 9 362 27 44 Printing and stationery 19720 07 45 Postage telegraph telephone and express 27592 14 46 Furniture and fixtures 9224 26 Stockholders for interest or dividends 25000 00 General Expenses 32517 14 Title department expenses 4248 11 Agents balances charged off 2475 39 Gross loss on sale or maturity of ledger assets viz Bonds 2995 74 Gross decrease by adjustment in book value of ledger assets viz Bonds 180620 87 38 42 43 47 19 50 53 54 55 56 Total disbursements 1285908 90 IVLedger Assets 1 Book value of real estate 120204 82 2 Mortgage loans on real estate first liens 63600 00 4 Book value of bonds 1192660 18 3558 56 5 Gash in companys office 6 Deposit 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 1911 Surety 19720589 title 85955 total On policies or renewals issued prior to October 1 1911 Surety 16000 00 328249 52 19806544 129570 08 24 Totals 327635 52 26 Other ledger assets viz Advances on contracts 5653728 bills receivable 5416344 real estate mortgages and judgments 7058227 total 181282 99 30 Ledger assets 2233191 59 NonLedger Assets 31 Interest accrued on mortgages 3 838 61 32 Interest accrued on bonds 7365 44 Total 11204 05ComptrollerGenerals Report 987 40 Other nonledger assets viz Amount advanced U S Treasury dept in reexamination of company 4000 uu 2246395 64 43 Gross assets Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 129570 08 51 Book value of ledger assets over market value viz 4o283 yo Bonds 2071541 63 56 Admitted assets VLiabilities 2 Losses and claims reported or in process of adjustment loOjOlO 4y Surety 9 3 Losses and claims resisted Surety 8 Total losses and claims Surety 376171 0 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 64331525 unearned premiums 50 per cent 321657 63 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 160 82881 unearned premiums pro rata 80414 40 23 Total unearned premiums as shown by recapitulation 402072 03 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after October 1 1911 viz Surety 3765 b 29 Salaries rents expenses bills accounts fees etc due or ficpruGu 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 4Q 35 Reinsurance 46 Total amount of all liabilities except capital 88284 39 47 Capital actually paid up in cash 712820 00 48 Surplus over all liabilities 475874 24 IT SS 694 24 49 Surplus as regards policyholders J00 50 Total liabilities 2071541 63988 ComptrollerGeneral s Report Business in Georgia During Year Gross premiums less return premiums on risks written or renewed during the year Surety Gross losses paid Surety 10909 41 6819 01 THE TRAVELERS INDEMNITY COMPANY OF HARTFORD CONN Sylvester C Dunham President Louis F Butler Secretary Home Office 700 Main Street Hartford Connecticut Herbert F Rascher 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 1641163 74 Extended at 1641163 74 IIIncome 1 Gross premiums written and renewed during the year Accident 3757977 health 364230 liability 66 10046 steam boiler 18193344 fly wheel 1098423 auto property damage 61542538 total 2 Deduct reinsurance Steam boiler i 79558 fly wheel 342372 total 8219 30 3 Deduct return premiums on policies can celed Accident 30438 health 3500 liability 736862 steam boiler 13 47494 fly wheel 188997 auto prop damage 5313707 total 76209 98 4 Deduct premiums on policies not taken Accident 723624 health 106753 steam boiler 1567767 fly wheel 89601 auto prop damage 11827406 total 143151 51 915665 58 5 Total deductions Accident 754062 health 110253 liability 736862 steam boiler 3394819 fly wheel 620970 auto prop damage 17141113 total 227580 79 6 Net premiums Accident 3003915 health 253977 liability 5873184 steam boiler 14798525 fly wheel 477453 auto prop damage 44401425 total 21 Inspections 688084 79 580 9ft ComptrollerGenerals Eeport 989 22 Gross interest on mortgage loans 23 Gross interest on collateral loans 24 Gross interest on bonds and dividends on stocks less 249916 accrued interest on bonds acquired during 1911 25 Gross interest on deposits in trust com panies and banks 24902 52 6069 39 40457 78 1318 97 30 Total gross interest and rents 37 Gross profit on sale or maturity of ledger assets viz Bonds 38 Gross increase by adjustment in book value of ledger assets viz Bonds 39 Total income IIIDisbursements 1 Gross amount paid for losses Accident 1049340 health 137280 steam boiler 682919 fly wheel 3300411 auto property damage 17337399 total 2 Deduct reinsurance My wheel 20469 41 3 Deduct salvage Steam boiler 7452 auto property damage 322509 total 3299 61 4 Total deduction Steam boiler 7425 fly wheel 20 46941 auto property damage 322509 total 5 Net amount paid policyholders for losses Accident 10 49340 health 137280 steam boiler 675467 fly wheel 1253470 auto property damage 17014890 total 17 Investigation and adjustment of claims viz Accident 1446 health 375 liability 400 steam boiler 99627 fly wheel 16904 auto prop damage 36 03057 total 23 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 1010773 health 81002 steam boiler 3071035 fly wheel 72066 auto prop dam age 9159052 total 28 Salaries fees and all other compensation of officers direc tors 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 72748 66 2864 00 1151 13 765429 48 225073 49 23769 02 201304 47 37218 09 13394528 25127 19 2685 62 66510 73 7753 28 7993 42 3755 47990 ComptrollerGenerals Eeport 37 All other licenses fees and taxes Capital stock tax 5 75000 county and municipal licenses and fees 22750 county and municipal taxes 22236 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 48 Other disbursements Exchange 7436 miscellaneous expenses 26372 total 53 Agents balances charged off 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 6199 86 50 00 880 64 3583 82 2420 59 89 40000 00 338 08 127 28 1134 50 56 Total disbursements 565029 21 IVLedger Assets Mortgage loans on real estate 531530 00 Loans secured by pledge of bonds stocks or other col laterals 54275 00 Book value of bonds 107407600 stocks 3297737 1107053 37 Cash in companys office 18290 56 Deposits in trust companies and banks on interest 47808 97 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1911 Accident 440371 health 71174 steam boiler 2813299 fly wheel 135860 automobile property damage 4281147 total On policies or renewals issued prior to Oct 1 1911 Accident 3550 steam boiler 71552 fly wheel 3652 automobile property damage 447310 total 7741 S 51 5187 60 30 Total 82606 11 Lodger assets 1841564 01 NonLedger Assets 31 32 33 37 39 43 Interest accrued on mortgages Interest accrued on bonds Interest accrued on collateral loans 6182 57 15872 50 845 1 Rents Market value of bonds and stocks over book value 22900 50 932 63 Gross Assets 1865397 14 ComptrollerGenerals Eeport 991 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 1 1911 5187 60 56 Admitted assets 1860209 54 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 74250 health 39375 steam boiler 1 21500 fly wheel 3500 total 3 Losses and claims resisted Steam boiler 4 Total Losses and claims Accident 74250 health 9375 steam boiler 146500 fly wheel 3500 total 7 Estimated expenses of investigation and adjustment of unpaid claims Steam boiler 7425 fly wheel 500 total 8 Total losses and claims Accident 74250 health 39375 steam boiler 153925 fly wheel 4000 total 17 Special reserve for unpaid liability losses 18 Special reserve for unpaid liability losses auto property damage 23 Total unearned premiums as shown by recapitulation 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1911 viz Accident 154130 health 24911 steam boiler 618926 fly Wheel 29889 auto property damage 899041 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 36 Advance premiums one hundred per cent 2386 25 250 00 2636 25 79 25 2715 50 15874 00 57661 51 20 Total unpaid claims and expenses of settlement 76251 01 21 dross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 56332408 unearned premiums 50 per cent 281662 04 22 Gross premiums less reinsurance upon all unexpired risks Tunning more than one year from date of policy 261 79482 unearned premiums pro rata 149336 87 430998 91 17268 97 10092 65 18268 84 1679 17992 COMPTROLLEBGrENEEAL s RePOBT 38 Eeserve claims incurred on or before Dec 31 1911 notices of Which were received subsequently 2664 70 46 Total amount of all liabilities except capital 557224 25 47 Capital actually paid up in cash 1000000 00 48 Surplus over all liabilities 302985 29 49 Surplus as regards policy holders 1302985 29 50 Total liabilities 1860209 54 Business in GeoTgia During Year Gross premiums received less return premium on risks writ ten or renewed during the year Accident 33542 health 1750 liability 16124 steam boiler 52937 fly wheel 3800 automobile property damage 9 18267 total 10264 20 Gross losses paid Accident 25885 automobile property damage 620944 total 6468 29 THE TRAVELERS INSURANCE COMPANY OF HARTFORD CONN Sylvester C Dunham President Louis F Butler Secretary Home Office 700 Main Street Hartford Connecticut ICapita Stock 1 Amount of capital paid up in cash 2500000 00 2 Amount of ledger assets as per balance December 31 of previous year 16606567 40 Extended at 16606567 40 IIIncome 1 Gross premiums written and renewed during the year Accident 461494832 health 08077228 liability 748148398 workmens collective 6158033 total 12838793 91 2 Deduct reinsurance Accident 13766924 health 1283421 liability 5914890 total 209652 35 3 Deduct Teturn premiums on policies con celled Accident 9218246 health 1862506 liability 36271538 work mens collective 159102 total 175111 92 ComptrollerGenerals Report 993 4 Deduct premiums on policies not taken Accident 57353340 health 105 89252 liability 77674459 work mens collective 404020 total 1460210 71 5 Total deductions Accident 80338510 health 137 35179 liability 119860887 workmens collective 563122 total 214497698 6 Net premiums Accident 381156322 health 543 42049 liability 628287511 workmens collective 5595811 total 1069381693 21 Inspections 120725 23 Gross interest on collateral loans 17285 13 24 Gross interest on bonds and dividends on stocks less 354306 accrued interest on bonds acquired during 1911 600667 15 25 Gross interest on deposits in trust com panies and banks 29325 23 27 Interest on bills receivable 2468 62 30 Total gross interest and rents 649746 13 32 Profit and loss 342 87 36 From agents balances charged off 1068 22 37 Gross profit on sale or maturity of ledger assets viz Bonds i 236615 38 Gross increase by adjustment in book value of ledger assets viz Bonds 42922 45 39 Total income 11391470 00 11TDisbursements 1 Gross amount paid for losses Accident 170487329 health 21772217 liability 313812294 workmens collective 3438905 total 5095107 45 2 Deduct reinsurance Accident 9733585 health 8 02096 total 105356 81 5 Net amount paid policyholders for losses Accident 1 60753744 health 20970121 liability 313812294 workmen s collective 3438905 total 4989750 64 16 Matured endowments and surrender values under ten premium accident policies 20878 78 17 Investigation and adjustment of claims viz Accident 7021077 health 1052223 liability 1002465 80 workmens collective 170390 total 1084902 70 23 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following994 ComptrollerGenerals Report classes Accident 114595315 health 15415872 liability 130928340 workmens collective 7 68711 total 2617082 38 28 Salaries fees and all other compensation of officers directors trustees and home office employees 401160 59 28 Traveling expenseshome office 35765 99 29 Salaries traveling and all other expenses of pay roll auditors 108047 95 29 Salaries traveling and all other expenses of agents not paid by commissions 509624 82 30 Medical examiners fees and salaries 29755 16 31 Inspections other than medical and claim 205939 06 32 Rents including 2723421 balance life department statement for companys occupancy of its own buildings 126708 11 35 State taxes on premiums 149269 97 36 Insurance department licenses and fees 16009 52 37 All other licenses fees and taxes Federal corporation tax 271577 capital stock tax 18742924 county and municipal licenses and fees 264922 county and municipal taxes 294727 total 195741 50 42 Legal expenses 5812 40 43 Advertising 67549 80 44 Printing and stationery 67371 58 45 Postage telegraph telephone and express 72370 79 46 Furniture and fixtures 37300 46 47 Stockholders for interest or dividends 375000 00 48 Other disbursements Heat and light and miscellaneous expenses of offices 1860986 newspapers periodicals and books 634330 exchange 121616 miscel laneous expenses 1312345 profit and loss 8002 total 39372 79 53 Agents balances charged off 1560 67 54 Gross loss on sale or maturity of ledger assets viz Bonds 1031 00 55 Gross decrease by adjustment in book value of ledger assets viz Bonds 23964 00 56 Total disbursements 11181970 66 IVLedger Assets 3 Loans secured by pledge of bonds stocks or other col laterals 335576 53 4 Book value of bonds 937362900 stocks 424347334 13617102 34 5 Cash in companys office 6000 00 5y2 Cash at branch offices 82858 82 6 Deposits in branch offices trust companies and banks not on interest 295439 65 7 Deposits in trust companies and banks on interest 806206 24ComptrollerGenerals Report 995 8 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1911 Accident 35837831 health 5876900 liability 86628199 workmens collective 835028 total 1291779 58 On policies or renewals issued prior to Oct 1 1911 Accident 3322445 health 473460 liability 26639835 work mens collective 5584 total 304413 24 Totals 1596192 82 25 Bills receivable 37991 55 27 Agents ledger balances 38698 79 30 Ledger assets 16816066 74 NonLedger Assets 32 Interest due 3500000 and accrued 137 77494 on bonds 33 Interest accrued on collateral loans 172774 94 4939 10 Total 39 Market value of bonds and stocks 177714 04 319046 66 43 Gross assets 17312827 44 Deduct Assets Not Admitted 45 Bills receivable 46 Agents ledger balances 49 Premiums in course of collection written prior to October 1 1911 50 Overdue and accrued interest on bonds in default 37991 55 38698 79 304413 24 37500 00 56 Admitted assets 16894223 86 VLiabilities 1 Losses and claims adjusted Accident 664744 health 171628 workmens collective 106470 totali 2 Reported or in process of adjustment Accident 288 80357 health 4719038 workmens collective 9 46537 total 3 Losses and claims resisted Accident 6591000 health 270000 total 6 Net unpaid claims except liability claims Accident 36136101 health 5160666 workmens collective 1053007 total 942842 343459 32 6861000 423497 74996 CompteollebGexebals Eepoet 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 1806805 health 258033 workmens collective 52651 total 8 Total losses and claims Accident 37942906 health 5418699 workmens collective 1105658 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 842833138 Unearned premiums 50 per cent 4214165 69 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 412 33725 Unearned premiums pro rata long term 19429925 10 prem acci dent 35457600 total 548875 25 21174 89 444672 63 3397036 00 3841708 63 23 Total unearned premiums as shown by recapitulation 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1911 viz Accident 10751349 health 1469225 liability 19924486 workmens collective 175356 total 29 Salaries rents expenses bills accounts fees etc due oi accrued 30 Estimated amount hereafter payable for federal state and other tnxes based upon the business of the year of this statement 36 Advance premiums one hundred per cent 37 Other liabilities viz Reserve accident contingent fund 28906665 reserve accident accumulations 177 11225 reserve liability excess limits 9447101 reserve claims incurred on or before December 31st 1911 notices of which were received subsequently accident 2658705 health 483354 workmens col lective 60315 total 4763040 94 323204 16 152459 00 302592 00 6739 55 592673 65 46 Total amount of all liabilities except capital 9982417 93 47 Capital actually paid up in cash 2500000 00 48 Surplus over all liabilities 4 411 805 93 49 Surplus as regards policyholders g qh gjjp53 50 Total liabilities 16894223 86 ComptrollerGeneral s Report 997 Business in Georgia During 1911 Gross premiums received less return premium on risks written or renewed during the year Accident 53934 46 health 1907322 liability 4754227 total 120549 95 Gross losses paid Accident 3004157 health 728812 liability 2768499 total 65014 68 UNITED STATES CASUALTY COMPANY OF NEW YORK N Y Edison S Lott President D GLuckett Secretary Home Office 141 Broadway New York N Y John H Mullin 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 2732344 11 Extended at 2732344 11 IIIncome 1 Gross premiums written and renewed during the year Accident 71792875 health 31602090 liability 149924475 steam boiler 5429672 burglary and theft 8669164 sprinkler 4209714 automobile property damage 1567122 workmens collective 1043624 total 274238736 2 Deduct reinsurance Accident 2374999 health 237119 liability 107357 steam boiler 134698 burglary and theft 365696 sprinkler 233332 total 34532 01 3 Deduct return premiums on policies can celled Accident 2185980 health 1010702 liability 8128536 steam boiler 339664 burglary and theft 422394 sprinkler 608560 auto mobile property damage 56831 work mens collective 42218 total 127948 85 4 Deduct premiums on policies not taken Accident 12690329 health 71 40376 liability 47636732 steam boiler 1362812 burglary and theft 1429217 sprinkler 1379420 auto998 ComptrollerGenerals Eeport mobile property damage 0382550 workmens collective 136000 total 721574 36 5 Total deductions Accident 17251308 health 83 88197 liability 55872625 steam boiler 1837174 burglary and theft 2217307 sprinkler 2221312 automobile property damage 439381 workmens col lective 178218 total 884055 22 6 Net premiums Accident 53541567 health 23213893 liability 94051850 steam boiler 3592498 burg lary and theft 6451857 sprinkler 1988402 auto mobile property damage 1127741 workmens col lective 865406 total 1858332 14 22 Gross interest on mortgage loans 13069 37 24 Gross interest on bonds and dividends on stocks less 41563 accrued interest on bonds acquired during 1911 99208 12 25 Gross interest on deposits in trust com panies and banks 1558 01 30 Total gross interest and rents 113835 50 32 Eecovery of items previously charged to profit and loss 372 82 37 Gross profit on sale or maturity of ledgeT assets viz stocks 13500 63 39 Total income 1986041 09 IIIDisbursements 1 Gross amount paid for losses Accident 27206546 health 10667140 liability 52206679 steam boiler 112600 burglary and theft 3234984 sprinkler 7 88966 automobile property damage 159231 work mens collective 360576 total 94736722 2 Deduct reinsurance Accident 2187394 health 210283 steam boiler 14324 burglary and theft 411449 sprinkler 14901 total 28383 51 4 Total deductions Accident 2187394 health 210283 steam boiler 14324 burglary and theft 411449 sprinkler 14901 total 28383 51 5 Net amount paid policyholders for losses Accident 250 19152 health 10456857 liability 52206679 steam boiler 98276 burglary and theft 2823535 sprinkler 774065 automobile property damage 1 59231 workmens collective 360576 total 918983 71 ComptrollerGenerals Report 999 17 Investigation and adjustment of claims viz Accident 2327361 health 833228 liability 104346128 steam boiler 67082 burglary and theft 268496 sprinkler 85666 automobile property damage 65960 workmens collective 125242 total 142076 63 23 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 16765200 health 6967403 liability 23773069 steam boiler 805457 burglary and theft 2004460 sprinkler 568616 automobile property damage 214950 workmens collective 1 99847 total 512990 02 28 Salaries fees and all other compensation of officers directors trustees and home office employees 128998 77 29 Salaries traveling and all other expenses of agents not paid by commissions 54633 75 31 Inspections other than medical and claim 23261 68 32 Rents 20877 93 34 Taxes on real estate 619 55 35 State taxes on premiums 28628 13 36 Insurance department licenses and fees 6240 55 37 All other licenses fees and taxes Federal corporation tax 117554 taxes on personal property 24402 municipal licenses 131163 total 2731 19 42 Legal expenses 1123 00 43 Advertising 3753 20 44 Printing and stationery 32613 03 45 Postage telegraph telephone and express 13023 88 46 Furniture and fixtures 6041 5 47 Stockholders for interest ot dividends 49952 50 48 Other disbursements Extended free accident insurance 133888 miscellaneous 487193 profit and loss 72850 fees of auditors 310474 interest on tem porary loan 7500 total 10119 05 54 Gross loss on sale or maturity of ledger assets viz Bonds 9678 stocks 32250 total 419 28 56 Total disbursements 1957687 35 IVLedger Assets 1 Book value of real estate 4500 00 2 Mortgage loans on real estate 277000 00 4 Book value of bonds 89220687 and stocks 1300 84136 total 2193048 23 5 Cash in companys office 1458 35 6 Deposits in trust companies and banks not on interest 37810 29 7 Deposits in trust companies and banks on interest 22290 441000 ComptrollerGenebals Report 8 Premiums in course of collection viz On policies or renewals issued on or after Oct 1 1911 Accident 5633081 health 2783737 liability 11197103 steam boiler 869071 burglary and theft 1052265 sprinkler 207947 automobile property damage 118503 workmens collective 79063 total 21940770 97 r tal V 219407 27 Lash m the hands of resident managers and adjusters 4 00 00 28 Agents ledger balances debits 169736 credits 7K52 total 982 84 30 Ledger assets 2760697 85 NonLedger Assets 31 Interest accrued on mortgages o Kai io o T 6 riobl 13 32 Interest accrued on bonds 9 589 16 43 Gross assets I 2 3848 14 Deduct Assets Xot Admitted 51 Book value of ledger assets over market value viz Bonds 4530687 stocks 7788636 cash in the hands of resi dent managers and adjusters 420000 agents ledger balances 169736 total 129090 59 56 Admitted assets 2644757 55 VLiabilities 1 Losses and claims reported or in process of adjustment Accident 2452100 health 1264500 burglary and theft 234500 auto property damage 153000 workmens collective 54000 total 4i581 00 3 Losses and claims resisted Accident 3651800 health 126000 burglary and theft 18000 total 3795800 4 Total losses and claims Accident 6103900 health 13 90500 burglary and theft 252500 automobile property damage 153000 workmens collective 54000 total nfiM Q0 b JNet unpaid claims except liability claims Accident 61 03900 health 1390500 burglary and theft 2 52500 automobile property damage 153000 work men s collective 54000 total 79 539 00 ComptrollerGenerals Report 1001 7 Estimated expenses of investigation and adjustment of unpaid claims Accident 678100 health 154500 burglary and theft 28000 automobile property dam age 17000 workmens collective 6000 total 8 83600 8 Losses and claimsAccident 6782000 health 1545000 burglary and theft 280500 automobile property damage 170000 workmens collective 60000 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 143798186 unearned premiums 50 per cent 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 230 76344 unearned premiums pro rata 07871 13 122241 23 88375 00 116845 00 205220 00 23 Total unearned premiums as shown by recapitulation 830112 36 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1911 viz Accident 1577263 health 779446 Liability 3135189 steam boiler 243340 burglary and theft 294634 sprinkler 58225 auto mobile property damage 33181 workmens collective 22138 total 29 Salaries Tents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 31 Dividends declared and unpaid to stockholders 35 Eeinsurance 37 Other liabilities viz additional special reserve for claims including claims incurred in 1911 reported in 1912 10000000 contingency fund 7861471 re serve for reinsurance in companies not admitted in New York 1153718 total 190151 89 61434 16 7000 00 30000 00 12725 00 8114 14 46 Total amount of all liabilities except capital 1344757 55 47 Capital actually paid up in cash 500000 00 48 Surplus over all liabilities 800000 00 49 Surplus as regards policyholders 50 Total liabilities 1300000 00 2644757 551002 ComptrollerGenerals Report Business in Georgia During The Year Gross premiums less return premiums on risks written or re newed during the year Accident 1175788 health 757163 liability 2436820 steam boiler 67750 burglary and theft 31113 sprinkler 7718 automo bile property damage 10968 workmens collective 154112 total 46414 32 Gross losses paid Accident 574884 health 433091 liability 1853503 burglary and theft 12703 automobile property damage 9478 workmens collec tive 73609 total 29572 68 UNITED STATES FIDELITY GUARANTY COMPANY OF BALTIMORE MARYLAND John R Bland President Geo R Callis Sec and Treas Home Office United States Fidelity and Guaranty Building Baltimore Maryland Wm A Wright 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 6258861 55 Extended at 6258861 55 IIIncome 1 Gross premiums written and renewed during the year Accident 10243317 health 4311630 liability 1 06711646 fidelity and surety 402267949 plate glass 7233490 steam boiler 1769989 burglary and theft 32403341 fly wheel 187764 auto property damage 10713431 workmens collective 719195 total 2 Deduct reinsurance Accident 754163 health 337292 liability 143979 fidelity and surety 18872436 steam boiler 28847 burglary and theft 2270899 fly wheel 4767 total 224123 83 3 Deduct return premiums on policies can celled Accident 386772 health 237530 liability 7814070 fidelity and surety 28603422 plate glass 3 92286 steam boiler 150826 burg 5765617 52 ComptbolleeGeneeals Eepoet 1003 lary and theft 1934863 fly wheel 14475 auto property damage 8 35026 workmens collective 68825 total 404380 95 4 Deduct premiums on policies not taken Accident 1131328 health 526022 liability 19635581 fidelity and surety 12332412 plate glass 1033941 steam boiler 293542 burglary and theft 2507469 auto property damage 2159990 workmens collective 1 92250 total 398125 35 5 Total deductions Accident 2272263 health 1100844 liability 27593630 fidelity and surety 59808270 plate glass 1426227 steam boiler 4 73215 burglary and theft 6713231 fly wheel 19242 automobile property damage 2995016 workmens collec live 261075 total i026630 13 6 Net premiums Accident 7971054 health 3210786 liability 79118016 fidelity and surety 342459679 plate glass 5807263 steam boiler 1296774 burg lary and theft 25690110 fly wheel 168522 auto property damage 7718415 workmens collective 458120total 473855S 21 Inspections 22 Gross interest on mortgage loans 150 00 23 Gross interest on collateral loans 3291 11 24 Gross interest on bonds and dividends on stocks less 535954 accrued interest on bonds acquired during 1911 166180 06 25 Gross interest on deposits in trust com panies and banks 4737 85 26 Gross interest from all other sources Premium deposits in branch office 45536 bills receivable 2373 total 479 09 29 Gross rents from companys property in cluding 3418750 for companys occu pancy of its own buildings 54972 31 30 Total gross interest and rents olu 32 Department guaranteed attorneys net 30693 54 33 Munich EeInsuranee Company reserve account 3702 96 Total 3439650 1004 CompteolleeGenerals Kepoet 36 From Agents balances previously charged off 2200 30 37 Gross profit on sale or maturity of ledger assets viz Bonds 5004 35 40 Total income 5010634 58 IIIDisbursements Gross amount paid for losses Accident 3616462 health 985157 liability 12969059 fidelity and surety 146611739 plate glass 1390740 burglary and theft 6442675 auto property damage 15 71966 workmens collective 231947 total Deduct reinsurance Accident 82326 health 113446 liability 145350 fidelity and surety 1459870 burglary and theft 355936 total 21569 28 Deduct salvage Health 1110 liability 72495 fidelity and surety 29560835 plate glass 11862 burglary and theft 132535 auto property damage 43663 total 298225 00 4 Total deduction Accident 82326 health 114556 liability 217845 fidelity and surety 31020705 plate glass 11862 burglary and theft 488471 auto property damage 43663 total 319794 28 5 Net amount paid policyholders for losses Accident 35 34136 health 870601 liability 12751214 fidelity and surety 115591034 plate glass 1378878 burg lary and theft 5954204 auto property damage 15 28303 workmens collective 231947 total 1418403 17 17 Investigation and adjustment of claims viz Accident 102617 health 1668 liability 1719265 fidelity and surety 11510625 plate glass 1312 burglary and theft 275719 auto prop damage 56311 work mens collective 350 total 136678 67 23 Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 1654525 health 622184 liability 14110201 fidelity and surety 63643211 plate glass 1154893 steam boiler 172634 burglary and theft 6013039 fly wheel 18849 auto property damage 917136 workmens collective 39287 total 883459 59 28 Salaries fees and all other compensation of officers direc tors trustees and home office employes 351181 66 29 Salaries traveling and all other expenses of agents not paid by commissions 534 377 pg ComptrollerGenerals Report 1005 30 Medical examiners fees and salaries 1546 70 31 Inspection other than medical and claim 18999 73 32 Rents including 3418750 for companys occupancy of its own buildings 106058 35 33 Repairs and expenses other than taxes on real estate 18081 83 34 Taxes on real estate 9746 42 35 State taxes on premiums 71201 39 36 Insurance department licenses and fees 1963308 37 All other licenses fees and taxes Federal corporation tax 419927 state city and county tax on capital stock 2048722 taxes on personal property 8918 municipal licenses 327943 total 28055 10 42 Legal expenses 51249 00 43 Advertising 84983 85 44 Printing and stationery 72937 94 45 Postage telegraph telephone and express 103165 94 46 Furniture and fixtures 43051 18 47 Stockholders for interest or dividends 160000 00 48 Other disbursements Interest 74675 home office travel ing expenses 1388892 general miscellaneous ex penses 1556692 total 30202 59 53 Agents balances charged off 4647 10 54 Gross loss on sale or maturity of ledger assets viz Bonds 2880 00 56 Total disbursements 4250541 27 IVLedger Assets 1 Book value of real estate 680706 91 2 Mortgage loans on real estate 3000 00 3 Loans secured by pledge of bonds stocks or other col laterals 70949 00 4 Book value of bonds 424738099 and stocks 290 68715 total 4538068 14 5 Cash in companys office 101476 36 6 Deposits in trust companies and banks not on interest 104368 11 7 Deposits in trust companies and banks on interest 391759 96 8 Premiums in course of collection viz On policies or renewals issued on or after October 1 1911 Accident 1659144 health 709257 liability 15777141 fidelity and surety 48182896 plate glass 1706348 steam boiler 324231 burglary and theft 3638942 fly wheel 24690 automobile property damage 1137528 workmens collec tive 98832 total 732590 09 On policies or renewals issued prior to Oct 1 1911 Accident 65577 health1006 ComptrollerGenerals Report 10610 liability 757582 fidelity and surety 5610890 plate glass 42530 steam boiler 7500 burglary and theft 25434 automobile property damage 94244 total 66143 67 Total 798733 76 26 Other ledger assets viz Due by TJ 8 Government under contract 627699 advance secured 4814675 due for subscriptions dept guaranteed Attorneys 46 43697 accounts with suspended banks 22903191 total 329892 62 30 Ledger assets 7018934 86 NonLedger Assets 31 Interest due on mortgages 75 00 32 Interest due 3172450 and accrued 24 72682 on bonds 56451 32 33 Interest due on collateral loans 154 92 35 Bank balances 250 00 37 Rents due on companys property or lease 614 67 Total 57945 91 43 Gross assets 7076900 77 Deduct Assets Not Admitted 49 Premiums in course of collection written prior to October 11911 6li143 67 50 Guaranteed attorney subscriptions written prior to Oct 1 1911 3249 75 52 Bonds 209097 49 53 Stocks 148 15 56 Admitted assets 679S261 71 VLiabilities 2 Losses and claims reported or in process of adjustment Accident 546700 health 173000 fidelity and surety 43902998 plate glass 118581 burglary and theft 1464880 auto property damage 479000 workmens collective 107803 total 467929 62 3 Losses and claims resisted Fidelity and surety 443 58226 burglary and theft 89900 auto property damage 270000 total 447Is 1 26 6 Net unpaid claims except liability claims Accident 5 46700 health 173000 fidelity and surety 882 mm ComptrollerGenerals Eeport 1007 915110 8 50000 00 963110 88 97462 30 61224 plate glass 118581 burglary and theft 15 54780 auto property damage 749000 workmens collective 107803 total 7 Estimated expenses of investigation and adjustment of unpaid claims Fidelity and surety 8 Total losses and claims Accident 546700 health 1 73000 fidelity and surety 93261224 plate glass 1 18581 burglary and theft 1554780 auto property damage 749000 workmens collective 107803 total 17 Special reserve for unpaid liability losses 19 Total unpaid claims and expenses of settlement 20 Gross premiums less reinsurance upon all unexpired excise risks written in Xew York State running one year or less from date of policy 6146098 un earned premiums 75 per cent 46095 73 21 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 424463907 unearned premiums 50 per cent 2127386 47 22 Gross premiums less reinsurance upon all unexpired risks running more than one year from date of policy 514 62134 unearned premiums pro rata 272252 75 23 Total unearned premiums as shown by recapitulation 2 44534 95 24 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued on or after Oct 1 1911 viz Accident 384921 heslth 157548 liability 3155428 fidelity and surety 9202933 plate glass 426587 steam boiler 48635 burglary and theft 866228 fly wheel 3704 auto property damage 227506 workmens colective 14825 total 29 Salaries rents expenses bills accounts fees etc due or accrued 30 Estimated amount hereafter payable for federal state and other taxes based upon the business of the year of this statement 34 Return premiums 35 Reinsurance 37 Other liabilities viz Munich Reinsurance Co Reserve account 144883 15 10000 CO 73724 97 8691 94 8468 89 21895 37 46 Total amount of all liabilities except capital 3775972 451008 CompteolleeGexebals Report 47 Capital actually paid up in cash 200000000 48 Surplus over all liabilities 1022289 26 49 Surplus as regards policyholders 3 022 289 26 50 Total liabilities 6798261 71 Business in State of Georgia During 1911 Gross premiums on risks written or renewed during the year Accident 364035 health 260601 liability 19 27348 fidelity and surety 5256962 plate glass 1 27863 steam boiler 82316 burglary and theft 3 56532 fly wheel 44250 automobile property dam age 241009 total 86609 16 Gross losses paid Accident 24841 health 78993 liability 297670 fidelity and surety 741189 plate glass 38112 burglary and theft 127168 automobile prop erty damage 53533 total 13615 06 UNITED STATES HEALTH ACCIDENT INSURANCE COMPANY OF SAGINAW MICHIGAN J B Pitcher President J jr Pitcher Secretary Home Office 130 North Washington Avenue Saginaw Michigan G A Dean Attorney for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 300000 00 2 Amount of ledger assets as per balance December 31 of previous year Extended at 940634 82 940634 82 IIIncome Gross premiums written and renewed during the year Ac cident 69141889 health 42994690 total 1121365 79 2 Deduct reinsurance return premiums and cancellations Accident 8661375 health 54516 80 total 141130 55 3 Net premiums Accident 604805 14 health 375430on total 980235 24 19 Policy fees required or represented by applications 137277 00 20 Interest on mortgage loans 54 25 21 Interest on collateral loans part 1 29667 part 3 250 total 299 17 ComptrollerGenerals Report 22 Interest on bonds and dividends on stock 36276 14 23 Interest on deposit 1087 S9 26 Total interest and rents 27 Profit on sale or maturity of ledger assets Gross increase by adjustment in book value of ledger assets 50 00 Total 32 From all other sources Fees for changing policies 34 From agents balances previously charged off 1009 37717 45 50 00 129 92 1330 02 38 Total income 1156739 63 IIIDisbursements 1 Gross amount paid for losses Accident 31915005 health 17459736 total 493747 41 4 Investigation and adjustment of claims Accident 1 49452 health 117427 total 2668 79 5 Total Accident 32064457 health 17577163 total 496416 20 14 Commissions or brokerage less amount received on re turn premiums and reinsurance for the following classes Accident 13011258 health 10223131 total 18 Policy fees retained by agents 19 Stockholders for interest or dividends 20 Salaries fees and all other compensation of officers direc tors trustees and home office employees 21 Salaries traveling and all other expenses of agents not paid by commissions 22 Medical examiners fees and salaries 23 Inspections other than medical 24 Rents 25 Repairs and expenses other than taxes on real estate leased for home office 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 Bonds 6 00000 gross decrease by adjustment in book value of bonds 273087 total 37 All other disbursements Premiums on fidelity bonds of agents collections and employers 208476 subscrip tions to insurance periodicals agencies and associa tions 151980 janitor supplies repairs and insurance 232343 89 137277 00 36000 00 89106 64 56081 83 3326 68 553 00 22527 29 386 52 25715 11 138 00 6684 33 8971 71 17806 58 2885 48 8730 871010 ComptrollerGenerals Eeport on furniture and fixtures 99023 office supplies for home office 108637 agents balances charged off 117219 total 6853 35 46 Total disbursements 1151 304 4 IVLedger Assets 2 Mortgage loans on real estate 3 Loans secured by pledge of bonds stocks or other col laterals 4 Book value of bonds excluding interest 5 Cash in companys office 601501 deposited in banks 11311080 total 8 Agents balances 9 Gross premiums in course of collection as below 12 Interest due 30000 and accrued 15000 on mortgages 23 Interest accrued on bonds 14 Interest accrued on collateral loans 450 00 13503 71 6 66 Total 4 18 Market value of bonds and stocks over book value 19 Gross premiums in course of collection viz On policies or renewals issued sub sequent to Oct 1 1911 Accident 44 41678 health 3489890 tertal 79315 68 Total 37 Gross assets Deduct Assets Not Admitted 39 Agents balances per item 27 51 Admitted assets VLiabilities 1 Losses and claims adjusted Accident 447269 health 56670 total 2 Losses and claims in process of adjustment Accident 3893155 health 2596000 total 5000 00 10000 00 731128 48 119125 81 1000 00 79315 68 11 Ledger assets 945569 97 NonLedger Assets 13960 37 8086 85 79315 68 967617 19 1000 00 366617 19 5039 39 64891 55ComptrollerGenerals Beport 1011 3 Losses and claims resisted Accident 439700 health 88500 total 5282 00 4 Total losses and claims Accident 4780124 health 2741170 total 75212 94 14 Deduct reinsurance 351 20 15 Net unpaid claims except liability claims 74861 74 Estimated expense of investigation and adjustment of unpaid claims 2206 00 18 Total unpaid claims and expenses of settlement 77067 74 19 Gross premiums less reinsurance upon all unexpired risks running one year or less from date of policy 21057454 unearned premiums 50 per cent 105287 27 21 Total unearned premiums as shown by recapitulation 105287 27 22 Commissions brokerage and other charges due or to be come due to agents or brokers on policies issued sub sequent to Oct 1 1911 viz Accident 1596840 health 1251089 total 27479 29 26 Salaries rents expenses taxes bills accounts fees etc due or accrued 5000 00 31 Reinsurance 500 95 32 Advance premiums 100 per cent 28810 66 33 Estimated amount herafter payable for federal state and other taxes based upon business of year of this statement 20083 72 42 Total amount of all liabilities except capital 261229 63 43 Capital actually paid up in cash 300000 00 44 Surplus over all liabilities 405387 56 45 Surplus as regards polieyholders 705387 56 46 Total liabilities 966617 19 Business in State of Georgia During Year Gross premiums received on risks written or renewed during the year Accident 785131 health 616888 total 14020 19 Gross losses paid Accident and health 8999 89 1012 CompteolleeGenerals Bepobt UNITED STATES HEALTH LIFE INSURANCE COMPANY OF ATLANTA GEORGIA A McD Wilson President F W Stokes Secretary Principal Office Atlanta Ga ICapital Stock 1 Amount of capital stock paid up in cash Extended at 25000 00 IIIncome During Year 1 Cash received for premiums on new policies without de ductions for commissions or other expenses 2 Cash received for renewal premiums without deductions for commissions or other expenses 25000 00 2481 65 17654 05 3 Total IVAssets as Per Ledger Accounts 2 Loans on mortgage first liens on real estate City of Atlanta bonds on deposit with treasurer of Geor gia 13 Total net or ledger assets 20135 70 15000 00 15000 00 30000 00 37500 00 Items Not Admitted 7 Subscription to capital stock and surplus payable on call 7500 00 9 Total assets a VLiabilities 1 Net present value of all the outsatnding policies in force on the 7 day of October 1912 computed according to insurance laws of Georgia Act of Aug 16 1909 1472 65 Business in Georgia During Year Number and amount of policies on the lives of citizens of Georgia in force Oct 7 1912 6629 98177 50 TABLE NO 1 Showing business done by Fire Insurance Companies in the State of Georgia for the Year ending April 30th 1912TABLE No 1 Showing Business Done by Fire Insurance Companies in Georgia for the Year Ending April 30th 1912 NAME OF COMPANY Aachen MunichFire Aetna Agricultural Alliance American Central American of Newark American Druggists M American Home 3 American Union rf Athens Mutual Atlanta Home Atlantic National Atlas Assurance Augusta Boston British America Caledonian Camden Citizens Citizens City of New York Columbia Columbia Commercial Commercial Union Commonwealth Connecticut STATE Germany Connecticut New York Pennsylvania Missouri New Jersey Ohio South Carolina Pennsylvania Georgia Georgia Georgia England Georgia Massachusetts Canada Scotland New Jersey Missouri West Virginia New York Georgia New Jersey Dist of Columbia England New York Connecticut Risks Written During Year 3196472 00 20177718 00 2289806 31 6124540 00 2184452 00 51050 00 818600 00 1146475 00 3200675 00 4355812 00 5085951 00 3953396 00 2490138 00 436564 00 2545769 00 1263665 00 581500 00 3965019 00 953817 00 2886709 00 528140 00 2641386 00 23917473 00 485200 00 1691433 00 Total Premiums 37927 29 299608 64 24550 34 21087 85 94821 21 32992 76 785 25 16428 14 27420 03 65461 20 75490 17 89061 76 56473 75 44629 34 7655 44 36279 95 18887 76 1860 07 62489 52 17295 34 59219 85 8549 25 37044 06 248973 25 4892 02 28585 22 Losses Paid 12363 56 191891 58 9374 28 65984 07 30603 93 14357 93 9906 33 9335 58 43241 75 50536 35 24502 25 26216 95 23567 92 3241 49 9777 11 14687 54 68 50 42596 16 9960 64 26130 40 1520 05 7641 39 165617 14 107 76 15530 49 Losses Unpaid 2879 59 52320 45 1495 82 5065 85 1490 18 525 00 728 75 6 00 9278 60 5120 00 6860 39 5895 00 3283 05 150 00 2465 85 3244 95 1200 00 8510 01 549 00 7623 97 191 00 13891 74 l2267l Fees 160 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 200 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 50 00 320 00 160 00 160 00 124 80 Tax 379 27 2996 08 245 50 210 88 948 21 329 93 7 85 164 28 274 20 327 30 377 45 89 06 564 74 44 63 76 55 362 20 188 88 18 60 624 90 17295 59 22 85 49 370 44 2489 73 48 92 285 85 Continental Deleware Dixie Druggists Indemnity Exg Empire City Equitable Equitable Federal Fidelity Phenix Fire Association Firemens Fund Firemans Fitchburg Franklin Franklin Georgia Home Georgia g German Alliance h German American vx Germania Girard Glens Falls Globe Rutgers Hamburg Bremen Hanover Hartford Home Ins Co of N A Ins Co of State of Pa Liverpool Lon Globe Liverpool Lon Globe London Assurance London Lancashire Lumber Lumber Mutual Lumber Underwriters New York Pennsylvania North Carolina New York Rhode Island South Carolina New Jersey New York Pennsylvania California New Jersey Massachusetts Pennsylvania Dist of Columbia Georgia Georgia New York New York New York Pennsylvania New York New York Germany New York Connecticut New York Pennsylvania Pennsylvania England New York England England New York Massachusetts New York 12100958 00 1070534 00 1406642 00 630388 00 94050 00 146913950 485388 00 7494379 00 5494039 00 7058737 00 2237984 00 75500 00 998272 50 177719 56 18868 50 26262 78 6537405 00 13528319 30 2427310 00 10382959 00 4612530 00 1699924 00 3573739 00 2387271 00 2008531 00 3051518 00 24239368 00 22550735 00 909200 00 14910306 00 1162692 00 1601454 00 4667040 00 184273 45 229425 00 255 700 00 112800 53 13355 81 15834 94 8254 38 1358 97 29730 68 8123 61 111444 14 89265 92 114595 25 27120 79 2173 57 15297 61 16779 08 86448 49 220121 40 30008 07 135384 79 67279 98 29338 42 53892 79 37739 38 28520 85 40296 31 398107 80 264248 99 257641 42 13043 45 282343 15 18302 05 19770 40 59331 42 4759 02 8250 70 7155 00 410 81 14858 61 21891 22 72317 32 33736 34 82341 32 13555 61 16090 66 1530 00 3313 00 5974 53 12786 37 61631 46 52382 25 14953 71 95581 47 16765 59 16977 43 23067 74 15412 76 10457 64 20553 98 205182 83 170927 66 3439 48 67 27 225461 52 3516 97 9491 98 29790 24 13125 80 714 83 600 00 1834 00 10272 17 4281 19 4037 04 1863 79 2545 01 258T90 5839 02 2202 00 19284 00 8427 28 52500 350 00 5154 00 3750 00 1329 00 15347 59 42921 27 43 63 10 15 19688 40 8108 87 350 00 9255 00 10000 00 160 00 160 00 160 00 160 00 160 00 160 00 160 00 39 20 160 00 160 00 135 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 00 160 00 160 00 160 00 160 00 1777 20 188 68 262 63 1 58 82 54 13 59 297 30 81 24 1114 44 892 66 1145 95 271 20 21 74 152 98 167 79 432 24 220 12 300 08 1353 85 672 80 293 38 538 92 377 39 285 21 402 96 3981 08 2642 49 2576 41 130 43 2823 43 183 02 197 70 593 31 45 79 82 51 71 55NAME OF COMPANY TABLE No 1Continued Showing Business Done by Fire Insurance Companies in Georgia for the Year Ending April 30th 1912 Lumbermans Mutual Mass Marine and Fire Mercantile Mutual Milwaukee Mechanics National National Home National Union l Newark 3 New Brunswick P New Hampshire Niagara No British Mercantile Northern Assurance North River Norwich Union Orient Palatine Pennsylvania Pa Lumbarmans Mutual Pennsylvania Millers Peoples National Phoenix Assurance Phoenix Providence Washington Queen Exchange Underwriters Royal Exchange STATE Ohio Massachusetts Rhode Island Wisconsin Connecticut Georgia Pennsylvania New Jersey New Jersey New Hampshire New York England England New York England Connecticut England Pennsylvania Pennsylvania Pennsylvania Pennsylvania England Connecticut Rhode Island New York England England Risks Written During Year 176300 00 1252735 00 1509048 00 1536080 00 10056333 00 775552 29 3427748 00 Total Premiums 1255418 00 3937127 00 2701908 00 2135680 00 4257464 00 1740778 00 2742103 00 2714747 00 4414901 32 3739013 00 137000 00 I49224666 4306814 00 6817760 00 3757756 00 7631711 00 978525 00 1595367 00 5613 92 14897 25 10709 33 26001 74 76881 60 20848 18 51946 47 Losses Paid Losses Unpaid 17927 38 43989 52 35179 58 74997 65 56687 01 32617 50 33292 78 28077 33 61452 09 68922 44 3002 00 2i30928 41840 47 89316 47 40835 75 138795 49 18165 20 31562 67 4558 60 460 80 17468 19 94252 56 3106 83 28036 36 7235 54 28849 43 20537 44 30384 73 32571 73 7213 36 12480 79 11427 76 29880 68 45030 61 9573 12 28617 88 51710 23 38922 81 65392 63 21434 37 9047 24 45 00 8023 97 19 20 2012 00 10978 12 8535 00 7290 00 7704 00 393 00 3532 25 3748 00 5487 43 4330 60 793 00 2651 53 4745 95 4307 00 3500 00 7500 Fees 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 00 160 00 160 00 160 00 160 00 160 00 Tax 56 14 148 97 107 09 260 02 768 82 208 48 519 46 17927 439 90 351 80 749 98 566 87 326 17 332 93 290 77 614 52 689 22 30 02 213 09 418 40 893 16 408 36 1387 95 181 65 315 63 Royal Savannah Scottish Union Natl England 8481193 00 675545 00 3974834 00 2795712 00 40173123 00 299145 00 5091913 00 118439 24 9398 64 47725 11 37902 67 365305 42 2610 35 97064 20 55860 97 17404 00 1443 64 6141 91 6045 35 2 85 10636 88 160 00 160 00 160 00 160 00 160 00 160 00 160 00 135 00 160 00 160 00 160 00 160 00 46 40 160 00 150 00 41 60 160 00 160 00 160 00 160 00 100 00 135 00 1184 39 940 23482 61 21537 74 125376 98 45 46 53649 59 477 25 Security Connecticut Georgia 379 03 365 30 Alabama 26 10 Springfield Standard St Paul Svea Sun Sun Ins Office Massachusetts 970 64 Minnesota 4361256 95 360770 00 2932622 00 3725122 00 387600 00 442187 0Q 61699 96 2493 08 53159 36 48069 40 9929 70 6314 43 42931 37 450 00 25304 30 26669 83 8542 17 2813 70 105 00 617 00 24 93 Louisiana 5028 43 6232 28 710 48 531 59 480 69 England 99 30 Pennsylvania 63 14 United States U S Lloyds Virginia State Western Atlantic New York 9136887 00 642364 00 19873 64 12771 55 44891 00 15344 15 73870 00 198 74 127 72 3105245 00 3680769 00 2108020 00 40105 82 39748 09 33134 13 15599 18 19248 93 18126 36 3341 72 1210 17 265 00 401 05 Westchester Williamsburgh City Yorkshire New York New York 397 48 331 34 Total 426571996 12 6207400 49 3296195 19 546144 64 17217 00 53553 66 TABLE NO 2 Showing Business done by Old Line Life Insurance Companies in Georgia for the Year Ending April 30 1912o to o TABLE No 2 Showing Business done by Old Line Life Insurance Companies in Georgia for the Year Ending April 30 1912 NAME OF COMPANY AetnaLife American Life Acct American Central American National American National Amicable Bankers Reserve Citizens National Columbia Cherokee Cosmopolitan Columbian National Commercial Life and Casualty Connecticut Mutual Empire The Pquitable Fidelity Mutual Franklin Germania Georgia Greensboro Hartford Home Illinois Indiana National International InterSouthern STATE Risks Written During Year Old Business in Force Connecticut Missouri Indiana Texas Virginia Texas Nebraska Kentucky Ohio Georgia Georgia Massachusetts Georgia Connecticut Georgia New York Pennsylvania Illinois New York Georgia North Carolina Connecticut New York Illinois Indiana Missouri Kentucky 1296797 00 861 00 6860187 00 20 60 Total Premiums 222322 38 1505 59 500500 00 41000 00 1812200 00 52340 00 76000 00 910860 00 814500 00 520000 00 3828500 00 1729411 00 571152 00 435360 00 238331 00 1046000 00 305500 00 166000 00 357600 00 1213250 00 20000 00 923558 00 533000 00 974500 00 1024050 00 7500 00 1037117 00 402000 00 1673932 00 12265012 00 12813829 00 3091149 00 2603384 00 1074014 00 1344585 00 504650 00 1282750 00 1270630 00 2231819 00 Losses Paid 120068 76 1056 51 57753 56 19323 43 791486 00 1340 12 60153 00 708 71 81980 05 2479 00 58403 66 35618 48 71749 88 561825 601 477781 82 128678 28 85350 33 40577 12 73698 8ll 25373 38 61675 34 51348 22 91023 97 650 59 60864 23 3655 761 10675 00 150 09 Unpaid 13760 00 1000 00 108 19 31691 03 5366 00 14449 68 14292 00 71133 20 150051 50 42468 60 25501 24 15509 20 11037 50 Fees 10000 00 32500 00 18194 00 3288 00 3000 00 66150 00 24514 00 55264 00 57488 00 9000 00 100 ool 400 00 161 00 61 40 34 40 200 80 41 60 38 00 41 60 60 80 39 20 99 20 32 00 65 60 Tax 223 23 15 05 577 53 13 40 601 53 7 09 409 90 12 40 584 04 92 00 35 62 64 40 717 50 289 60 561 83 203 60 4777 82 99 80 1105 39 56 00 784 53 72 20 405 77 193 40 73 70 32 00 253 73 197 80 616 75 74 00 513 48 48 80 910 24 53 60 6 50 65 60 608 64 65 60 36 56 o ts3 Tennessee 7663 69 2624 85 133 60 76 64 Jefferson Standard North Carolina 725000 00 850028 00 57169 25 13031 00 1000 00 111 80 571 69 Life Ins Co of Virginia Virginia 2545506 00 3318738 00 187942 41 60148 81 1105 47 185 00 1879 42 Manhattan New York 642500 00 2399494 00 86753 43 85609 00 8550 00 48 80 867 53 Maryland Maryland 215975 00 651 789 00 27444 03 2867 00 842 85 36 80 274 44 Masonic Protective Assn Massachusetts 1871 00 2379 00 13612 00 8015 27 1798 26 44 60 136 12 Massachusetts Mutual Massachusetts 1204250 00 8353745 00 334395 86 76255 00 6101 00 76 40 3343 96 Meredian Indiana 951722 00 1554893 00 63687 68 11000 00 1000 00 87 80 636 88 Metropolitan New York 7943958 00 23451595 00 921281 83 287863 95 6005 50 428 20 9212 82 Michigan Missouri New Jersey New York 394170 60 293500 00 2145075 00 2707349 00 1585126 25 528488 00 13499 766 15 26182369 10 55247 11 30 027 70 42459 78 5454 23 65 00 41 60 552 47 Missouri State Mutual Benefit 300 28 503385 19 922595 98 177250 33 371017 69 6000 00 12448 00 281 00 111 20 5033 85 Mutual 9225 96 National Life Acct 12504 30 45326 38 3904 68 18558 50 106 40 171 80 125 04 Illinois US A 97501 00 1047576 57 5379 00 453 26 National Vermont 1937958 00 5107843 16 176285 46 19500 00 2000 00 140 60 1762 85 New England Mutual Massachusetts 815450 00 4043421 00 145329 92 13644 00 2344 00 39 20 1453 30 New York New York Wisconsin 2930644 00 2145400 00 22565262 00 20025464 00 829566 01 507767 00 312957 13 207536 80 23453 00 3000 00 303 20 180 20 8295 66 Northwestern Mutual 5077 67 Pacific Mutual California 190545 00 1737298 00 67757 96 14105 00 1104 00 153 80 107 80 468 60 53 60 51 80 41 60 677 58 Perm Mutual Pennsylvania Connecticut Pennsylvania Tennessee New Jersey 2472686 00 510000 00 565906 00 89120 00 2395837 00 24226550 00 1990000 00 925061 00 21840 00 11153660 00 913040 64 77388 17 37777 09 6 277 45 361321 52 15632 25 22923 50 2044 73 42597 00 9130 41 773 88 Pittsburgh 1100 00 377 77 Provident Life Acct Prudential 62 78 410949 53 174050 60 2000 00 182 00 4109 50 Reliance Pennsylvania Indiana 520500 00 716050 00 1426424 00 290000 00 69 915 15 6500 00 45 20 699 15 26793 74 13673 00 182020 03 46427 38 2 054 54 59 00 51 20 264 80 48 80 267 94 Ridgely Protective Assn Rome Security Life Annuity Security 10603 82 113220 64 14000 00 136 73 9657761 00 433000 00 8375 00 241500 00 1703392 0C 2312 00 5000 00 910 10 North Carolina Illinois New York Georgia 1079063 00 49 000 00 464 27 20 54 1982280 00 9415353 50 71164 83 372461 6S 35637 76 81745 00 1202 56 33000 00 61 40 128 00 711 64 State Mutual 1862 30 State State Mutual Indiana Massachusetts 397282 00 349150 Of 1 6138140 00 1 1318883 Ot 154 038 11 25000 OC 46 4C 1540 38 52989 13 8147 00 2000 00 9 60 529 89 o INS to TABLE No 2Continued Showing Business Done by Old Line Life Insurance Companies in Georgia for the Year Ending April 30 1912 NAME OF COMPANY STATE Risks Written During Year Old Business in Force Total Premiums Losses Paid Losses Unpaid Fees Tax Southern National Life Kentucky Alabama West Virginia Tennessee 46000 00 1400 35 298079 02 14318 75 39 20 104 00 41 60 42 80 228 80 824 00 14 00 Southern States 2076623 00 6702611 00 63090 00 2000 00 2980 79 143 19 Southern States Mutual 179662 00 261870 00 Southern Travelers Union Central Connecticut Ohio Maine 292231 00 4626358 00 3157670 00 11115143 00 152492 38 384169 73 63280 70 94724 98 10761 65 2130 10 1524 92 3 841 70 Union Mutual 65 U S Annuity and Illinois Tennessee 540122 00 688514 00 46199 00 1355846 00 23197 24 66935 86 84 80 51 20 231 97 Volunteer State 23000 00 1000 00 669 36 Total 72322474 60272278771 33 10629824 883558097 72305412 08 7525 60 96 813 51 TABLE NO 3 Showing Business Done by Assessment Fire Life and Accident Insurance Companies for the Year Ending April 30 1912o to TABLE No 3 Showing Business Done by Assessment Fire Life and Accident Insurance Companies for the Year Ending April 30 1912 NAME OF COMPANY American Life American Life Annuity Atlanta Mutual Bankers Health and Capital CityFire Continental AidLife Farmers CooperativeFire Farmers Mutual Farmers Mutual Farmers Protective Fire Ins Co now Capital City Georgia Mutual leorgia Mutual IndLife German MutualFire Gordon County Mutual Fire and Storm Great American CoOp Guaranty Mutual Life HealthLife Home Friendly Society Industrial Life Health Merchants Life Assn Mut Benefit Industrial Mut Life Industrial National Assurance National Life Assn STATE Savannah la Atlanta Ga Atlanta Ga Macon Ga Atlanta Ga Atlanta Ga Jackson Ga Dawson Ga Oakman Ga Lithonia Ga Dallas Ga Macon Ga Augusta Ga Savannah Ga Calhoun Ga Macon Ga Savannah Ga Baltimore Aid Atlanta Ga Burlington la Savannah Ga Athens Ga Atlanta Ga Des Moines la Risks Written During Year 39283 00 121500 00 910470 00 240555 00 Old Business of Previous Years in Force 63494 50 303490 00 5571 00 120000 00 244350 00 44867 00 3950337 00 1295000 00 194475 00 Total Premiums Losses Paid 671910 00 1090670 00 68650 00 140000 00 317911 00 28S750 00 8416S 00 212000 00 5424 05 392000 00 1696552 50 7000 00 112200 00 73134 00 12000 00 293967600 25088 09 13553 23 98915 84 160277 65 3437 84 102707 12 2784 99 1510 00 3168 20 959 67 86763 16 11923 19 1299 07 4670 20 39063 70 38702 25 385942 55 2328 82 95820 35 47144 20 12931 29j 703 13 12368 58 850 00 42690 12 65753 50 536 00 46094 85 5400 00 9500 00 2621 00 800 00 Losses Unpaid 6750 00 233 25 Fees 300 00 30983 20 117 13 1368 58 1317 77 16038 42 25906 00 170434 50 37599 75 38793 00 2575 00 75 00 16038 42 1721 00 32 00 92 00 166 40 231 20 20 00 134 00 160 00 20 00 160 00 20 00 20 00 72 80 20 00 160 00 32 00 53 60 308 00 42 00 56 00 46 40 244 40 40 401 Tax 25 09 67 77 98 91 100 27 34 38 102 71 27 85 15 10 31 68 9 59 86 76 119 23 12 99 46 70 39 06 387 02 385 94 23 28 95 82 471 44 129 31 7 03No Carolina Mut Provt Pilgrims Health Life Progressive tt it a tt Fire tt ti Life a Durham N C Augusta Ga 916288 00 652469 00 18863 76 192235 06 8028 70 84280 99 118 80 152 00 32 00 65 50 160 00 5 00 20 00 160 00 120 00 41 60 188 63 584030 00 192 23 Atlanta Ga 209202 66 9778 65 4470 00 975 00 97 78 Southern States South Georgia Farmers Sunlight Union Union Mut Assn U S Health Life Thomasville Ga Atlanta Ga Atlanta Ga 26835 00 904050 00 245725 00 134 17 23430 85 6576 34 181183 45 2842 55 1971 14 2441 45 2855 00 81969 62 834 50 1 35 23 43 600 00 65 76 181 18 Atlanta Ga 20982 50 2 84 Total 11788256 05 9577837 50 1574739 37 704598 80 26692 67 3000 20 3131 10 o to 1 TABLE NO 4 Showing Business Done by Accident Surety and Miscellaneous Insurance Companies for Year Ending April 30 1912TABLE No 4 Showing Business Done by Accident Surety and Miscellaneous Insurance Companies for Year Ending April 30 1912 to 00 NAME OF COMPANY Aetna Acct LiabilityCo Aetna Life Acct Dept Alabama Fid Casualty American Bonding American Casualty American Credit Indemnity American Fidelity American Surety Atlantic Horse Conl inental Casualty Empire State Surety Employers Indemnity Employers Liabty Assnce Equitable Casualty Equitable Surety Federal Casualty Fidelity Casualty Fidelity Deposit Frankfort General Georgia Life Acct Dept General Accident1 Globe Indemnity Great Eastern Casualty Great Southern Accident Guarantee Co of N A Hartford Steam Boiler Illinois Surety STATE Connecticut Connecticut Alabama Maryland Pennsylvania New York Vermont New York Rhode Island Indiana New York Pennsylvania England Georgia Missouri Michigan New York Maryland Germany Georgia Scotland New York New York Georgia Canada Connecticut Illinois Risks Written During Year Old Business of Previous Years in Force 7633800 00 162000 00 812437 00 61500 00 456067 00 106000 00 8606365 00 15190 00 750620 00 2954 90 21479256 45 4522216 17 713280 00 999418 00 1369355 54 3493642 00 111724 04 3581 47 5981213 46 306000 00 4695046 00 17000 00 876327 90 Total Premiums 6026 08 67387 48 607 15 19831 83 9514 50 9692 50 20240 53 528 06 41634 88 2099 88 6063 66 23745 88 40422 32 8628 91 88594 33 45561 24 5330 97 68428 57 33931 35 9997 98 26934 14 55 00 17083 68 968 56 Losses Paid 3593 69 39245 40 453 90 4073 44 4823 20 10785 13 33687 03 269 93 23714 90 3183 22 3173 35 24837 67 4152 33 45297 08 9642 29 3036 50 30120 27 19669 55 4737 14 7884 46 603 62 Losses Unpaid 415 80 16401 00 1990 11 1043 11 2677 65 7275 00 49916 22 5530 43 8558 89 1300 13 200 00 250 00 Fees 77 60 79 40 210 80 96 40 34 40 39 20 250 40 63 20 311 60 36 80 34 40 66 20 49 40 144 20 65 it 207 80 146 20 39 80 100 40 32 00 144 80 ISO St 34 40 145 40 41 60 Tax 60 25 673 87 6 07 198 31 95 15 96 93 202 40 5 28 416 35 21 00 60 64 237 45 40 42 86 29 885 94 455 til 53 31 68 43 339 31 99 98 26 93 55 170 83 9 69 o ins CO Interstate Casualty Lloyds Plate Glass London Guarantee Acct Loyal Protective Assn Maryland Casualty Massachusetts Bonding Masonic Mut Accident Metropolitan Casualty National Casualty National Surety New York Plate Glass No American Accident Ocean Acct Guarantee Pacific Coast Causalty Peninsular Casualty Preferred Accident Royal Casualty Royal Indemnity Standard Accident Thames Mersey Marine Title Guarantee Surety Travelers Indemnity Travelers Life Acct Dept U S Casualty U S Fidelity Guaranty U S Health Accident Alabama New York England Massachusetts Maryland Massachusetts Massachusetts New York Michigan New York New York Illinois England California Florida j New York Missouri New York Michigan England Pennsylvania Connecticut 6455000 00 40950 00 3700483 00 2709939 93 197025 00 364800 00 7597101 00 1049444 00 811000 00 2211430 00 1266219 00 529000 00 New York10249535 00 Maryland Michigan 711300 00 Total97793986 03 31400 00 10605458 00 417484 00 2411059 00 12430 94 1264 26 32108 8 1275 00 123951 92 21144 10 136 50 8333 92 8479 19 27509 77 2197 53 21510 86 39720 06 1758000 00 1920504 00 360000 00 30075140 83 0204 308 24265 1042 51163 3351 33 2753 3886 23410 908 9732 18904 09 99 12959 38 8105 37 5008 58 31648 03 36387 16 6974 56 13052 11463 84 122213 47 50701 88 90102 24 12848 29 1254898 06 283 93 19663 07 5903 56 177 00 3581 04 S5 33 1070 59 10510 00 7801 12 6249 21 2820 28 1967 3S 18776 12 5094 88 5232 16 3366 44 56882 36 23573 80 7077 25 7957 71 307 00 423 16 1135 00 509747 71 44 60 56 00 28 80 59 60 221 20 70 40 44 00 66 40 71 00 230 00 51 80 ITS 00 79 40 46 40 36 80 44 00 41 60 137 20 191 00 34 40 204 80 83 00 1385 00 893 20 264 21 140010 29 89 60 338 40 68 00 5168 40 124 31 12 64 321 09 12 75 1239 52 211 44 1 83 37 34 84 79 275 10 21 98 215 11 397 20 129 59 81 05 50 08 316 48 363 87 69 75 130 52 111 64 1222 13 507 02 901 62 128 48 11326 89VHHWQBHHHfflHBHUHP TABLE NO 5 Showing General Condition of Fraternal Orders for Year Ending December 31 1912TABLE No 5 Showing General Condition of Fraternal Orders for Year Ending December 31 1912 NAME OF COMPANY STATE Income Disbursements Assets Liabilities Fees CO American Woodmen Atlanta Mut Burial Association Ben Hur Tribe of Catholic Knights of America Columbian Fraternal Assn Concord Life Eminent Household of Columbian Woodmen Farmers Life Confederation Farmers Mutual Life Protective Assn Forest Woodmen Circle Fraternal Mystic Circle Fraternal Provident Assn Fraternal Union of America Fraternal Protective Assn Golden Seal Grand Fraternity Heptasophs Order of Homes Friend Homesteaders Independent Order of Puritans Independent Order of Woodmen International Liberty Union Knights of Columbus Knights of Honor Knights of Industry Knights of the Mystic Ark Knights of the Maccabees Colorado Georgia Indiana Missouri Dist of Columbia Georgia Georgia Georgia Georgia Nebraska Pennsylvania Georgia Colorado Massachusetts New York Pennsylvania Maryland Georgia Iowa Pennsylvania Georgia Kentucky Connecticut Missouri Dist of Columbia Georgia Michigan 13 1 1566 663 10 4 453 12 1 1197 568 439 110 586 276 1564 10 241 141 4 67 1314 1543 2 777 97 663 38 186 82 613 14 161 96 886 60 167 28 857 85 171 00 617 54 996 35 11204 89 1615 20 1503458 93 594073 51 7544 59 4980 50 333832 71 12686 39 1597 00 709921 12 555604 62 10860 09 48 18 689922 13 105642 92 6236 89 417 15 1346 60 490505 97 1385 19 376 00 2281856 43 460895 04 049 16 951 25 307 90 477 65 415 07 861 88 141 65 731 72 450 15 279 93 406 68 353 15 837 02 457 99 859 264 1645 10 210 127 3 64 900 1393 3 301 23 640 18 455 73 805 00 765 42 259 68 124 80 224 44 922 15 275 40 450 94 791 72 341 38 333582 10 39012 50 1248187 84 365679 46 1017764 65 sot ii 120626 71 65160 40 3051 91 26219 73 3591825 88 499551 51 2090 28 171704 11 21922 76 201 09 18473 36 85399 07 119559 23 86788 09 14427 48 655 00 81772 63 305024 47 16068 17 60184 86 2387 S3 79781 63 506163 46 5257179 01 4455245 60 11239995 01i 954060 32 o OS CO Knights of Pythias Ladies of the Maccabees Lin wood Afro Labor Co Masons Annuity Masonic Benefit Association Masonic Mutual Life Association Modern Brotherhood of America Modern Order of Praetorians Modern Woodmen of America Mutual Life Fraternal Association Mutual Burden Bearers Natl Fraternal Society of the Deaf ur United Brotherhood Protective Order of Friends Peoples Mutual Benefit Association Royal Knights of King David Royal Benefit Society Retail Merchants Association Royal Fraternal Associat ion Royal Arcanum Sailors Senate National Union Southern Mutual Fraternal Union Southern Protective Association Southern Farmers Assurance Union Mutual Association United Commercial Travelers United Homes of America 1 Forest Woodmens Circle Woodmen of the World Indiana 2 Michigan 1 Georgia Georgia Georgia Dist of Columbia Iowa Texas Illinois Georgia Georgia Illinois Texas Georgia Georgia No Carolina Dist of Columbia Georgia North Carolina Massachusetts Tennessee Ohio Georgia Georgia Georgia Goergia Ohio Georgia Nebraska Nebraska 693647 26 955720 95 1118 00 227217 65 11580 16 116939 11 711329 26 392396 50 212861 81 19315 65 113 05 15875 75 59205 16 1622 50 21157 71 184771 73 Total 2154344 47 1222842 78 942 71 124516 23 11364 74 70622 34 1042984 85 306766 34 13586744 79 23144 99 67 05 7927 93 50100 72 1842 70 19295 64 178610 79 4151282 98 5733528 47 1168 55 471704 73 091 S7 281716 03 1191486 38 1007166 40 11691080 73 2728 15 3438811 94 146690 28 18749 84 14079 36 310 00 7000 00 190851 88 249485 48 1441 973 55 155 00 4552 58 62883 41 13690 64 427570 98 12105 06 652268 48 5605 28 4172 65 3787 50 2555 20 752142 11 190 00 30050436 51854606 62 11494 03 8439053 75 12860 25 2523357 58 4780 65 4537 85 3355 67 2400 53 659373 05 256 00 270926 65 45566638 21 5150 71 6606943 36 4599 96 2354239 05 1659 68 646 00 431 83 289 23 713537 85 70 00 273873 94 4294 07 5500 65908 94 67S 65 726691 81 2600 00 217138 70 596046 42 66 00 14991 90 59196176 47 9629520 78 580 00 TABLE NO 6 Comparative Table Showing Business done by Insurance Com panies in the State of Georgia for the Years 1900 to 1912 inclusive TABLE No 6 Comparative Tables Showing Business Done by Insurance Companies in the State of Georgia for the Years 1900 to 1912 inclusive Amount Insurance in Force Premiums Losses Fees Taxes Total 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 o CO Fire Life Cooperative Accident Surety and Marine Fire Companies Old Line Life Companies Assessment Life Companies Accident Plate Glass Marine and Surety Companies Fraternal Orders Fire 179501495 92223613 7847605 76015608 231234339 132654379 4659699 106758014 37 2419054 02 3989954 41 276811 01 260701 94 2799184 25 4096642 95 231899 72 329627 19 1575983 77 1488443 73 100074 48 122829 96 1543133 20 1524301 42 51478 98 150316 41 Old Line Life Assessment Life Accident Plate Glass Marine and Surety Companies Fraternal Orders Agents Tax receipted for as fees by mist ake Overpayment of fees Fire 234719433 69 14ft409404 72 4848391 00 101564929 45 1 3002653 49 4799931 23 275 400 53 382844 05 1379395 44 1843778 09 54375 95 203005 77 Life Cooperative Accident Surety and Marine Fraternal Orders Fire Life Cooperative Accident Surety and Marine 225048844 32 112672751 34 5903050 15 991933279 56 3241995 2S 5298816 17 303421 89 395082 45 1431332 91 1758747 09 68303 02 201170 42 2805530212 26 1711133881 24 91158245 97 100855541 66 3535767 42 5980233 56 389008 97 508813 32 1330233 95 2302990 02 99118 97 243934 79 8514 40 2512 00 780 80 1390 80 8839 20 2989 00 848 80 1312 00 220 00 7slid 80 3065 60 053 00 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 24190 38 36385 58 2768 10 2007 06 27991 69 40900 36 2334 58 3296 25 30007 81 48057 48 2754 00 3828 40 32817 29 53045 59 3034 20 4453 21 35357 67 59802 33 1010 12 5088 13 32704 78 38897 58 3548 90 4003 80 30830 89 43955 96 3183 38 4608 25 39692 61 51123 n 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 o 1908 S3 1908 1908 1908 1909 1909 1909 1909 1910 1910 1910 1910 Fraternal Orders Less Overpayment Fire Life Cooperative Accident Surety and Marine Fraternal Orders Fire Life Cooperative Accident Surety and Marine Fraternal Orders Fire Life Cooperative Accident Surety and Marine Fraternal Orders Fire Life Cooperative Accident Surety and Marine Fraternal Orders Fire Life Assessment Life Accident and Iire Accident Casualty and Surety NAME OF COMPANY 274885240 75 197919425 16 12661243 05 99830976 34 3855589 11 6618772 04 267563 37 577022 62 4281305 95 7337848 96 684149 72 666665 49 2560991 25 3443227 43 203285 85 248449 44 1659543 25 2665295 69 262025 46 253657 89 4477407 90 7908817 60 797547 52 745360 59 334459580 65 238257061 62 9281409 70 94454929 27 343282602 73 318350105 64 12728 138 75 106869199 07 4651734 69 8168084 90 778160 07 811598 50 2378900 48 2823055 00 32094 57 276193 55 2059941 52 2966297 96 342838 14 351558 73 4763438 20 8439856 53 916536 78 889676 30 Fire Life Assessment Companies Accident Casualty and Surety Insurance in Force 398735304 29 609499315 20 26249809 41 120670025 78 Premiums 3165058 46 3302705 44 385864 03 396396 41 Losses Paid 5 348056 40 2524704 85 297391 27 8703437 12 3071620 86 1210107 20 1024291 26 410 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 2613 60 15525 65 4290 20 1781 01 2922 55 500 00 17252 44 5102 20 1959 00 3490 20 Losses Unpaid 39125 731 66605 96 4955 581 5779 25 41991 47 73537 22 9960 93 6036 78 45473 82 79115 51 7783 74 8122 18 460 00 46517 16 81820 74 7697 62 8021 37 47632 92 84398 60 9214 00 8884 14 Fees 650344 19 441788 09 14985 00 206479 83 5593 80 11500 00 4152 60 183797 96 4612 80 49872 13 70718 76 6848 38 7692 05 59882 02 83335 85 10108 54 10735 78 62042 81 86110 94 9478 63 10943 92 64885 36 89500 80 11173 00 12374 34 Tax 48628 48 84075 59 4769 94 9953 47o CO CO TABLE No 6Continued Comparative Tables Showing Business Done by Insurance Companies in the State of Georgia for the Years 1900 to 1912 inclusive NAME OF COMPANY Insurance in Force Premiums Losses Paid Losses Unpaid Fees Tax 1911 1911 FinCo Old Line Life 415974670 55 320936201 10 17800980 50 163242507 88 426571996 12 344601245 93 21366093 55 127869126 86 5505043 26 9965386 90 1392946 05 1107860 88 6207400 49 10629824 88 1574739 37 1254898 06 2728535 51 3822902 06 534753 59 534200 55 3296195 19 3558097 72 704598 80 569747 71 441394 58 164778 56 1485 89 125855 27 546144 64 305412 08 26692 67 140610 29 16176 85 6012 55 2846 80 5054 20 17217 00 7525 60 3006 20 5168 40 50 447 80 1911 Assessment Life 90458 32 1911 1912 Accident Casualty and Surety Fire 3214 93 10918 10 1912 1912 1912 1912 Life Assessment Life Accident Accident Casualty and Surety Fraternal Orders 53553 66 96813 51 3131 16 11326 89 1 INDEX A iETNA ACCIDENT AND LIABILITY COMPANY CONNECTICUT Statement of 781 iETNA LIFE INSURANCE COMPANY OP CONNECTICUT Statement of 372 MFNA LIFE INSURANCE COMPANY OP HARTFORD CONN Statement of 777 J3TNA INSURANCE CO CONNECTICUT Statement of 5 AGRICULTURAL FIRE INSURANCE CO WATERTOWN N Y Statement of 9 ALABAMA FIDELITY CASUALTY CO MONTGOMERY ALA Statement of 786 ALLIANCE INSURANCE COMPANY OF PENNSYLVANIA Statement of AMERICAN BONDING COMPANY OF BALTIMORE Statement of 792 AMERICAN CASUALTY COMPANY READING PA Statement of 796 AMERICAN CENTRAL INSURANCE COMPANY OF ST LOUIS Statement of 22 AMERICAN CHEDIt INDEMNITY CO N Y Statement of 800 AMERICAN CENTRAL LIFE INS CO IND Statement of 379 AMERICAN LIFE AND ANNUITY CO OF GEORGIA ATLANTA Statement of 725 AMERICAN LIFE AND ANNUITY CO OF GEORGIA Statement of 789 AMERICAN LIFE AND ACCIDENT INS CO OF MISSOURI Statement of SS41040 ComptrollerGenerals Eepokt american life ins co waco texas Statement of 390 AMERICAN DRUGGISTSFIRE INS CO CINCINNATI OHIO Statement of 17 AMERICAN HOME EIRE INS CO GREENVILLE S C Statement of 20 AMERICAN FIDELITY COM IA NY OF VERMONT Statement of 804 AMERICAN EIRE INS CO OF NEWARK N J Statement of 25 AMERICAN INSURANCE CO ATLANTA GA Statement of 723 AMERICAN INSURANCE CO OF SAVANNAH GA Statement of 721 AMERICAN NATIONAL INSURANCE CO OF TEXAS Statement of 391 AMERICAN NATIONAL LIFE INS CO LYNCHBURG VA Statement of 3S7 AMERICAN SURETY COMPANY OF NEW YORK Statement of 808 AMERICAN UNION KIRK NS CO OF PHILADELPHIA PA Statement of 29 ATHENS MUTUAL FIRE INSURANCE CO OF ATHENS GA Statement of 31 ATLANTA HOME FIRE INSURANCE CO OF ATLANTA GA Statement of 34 ATLANTIC HORSE INSURANCE CO RHODE ISLAND Statement of 813 ATLANTA MUTUAL INS ASSOCIATION OF ATLANTA GA statement of 727 ATLANTIC NATIONAL FIRE INSURANCE CO OF MACON GA Statement of 37 ATLANTIC STATES LIFE JNs CO AlGUSTA GA Statement of 400 ATLAS ASSURANCE COMPANY LTD LONDON ENGLAND Statement of 40 ComptrollerGenerals Report 1041 augusta fire ins co augusta ga Statement of 43 B BANKERS HEALTH AND LIFE INS GO MACON GA Statement of 729 BANKERS RESERVE LIFE CO OF OMAHA NEB Statement of 401 BOSTON FIRE INS COMPANY BOSTON MASS Statement of 46 BRITISH AMERICAN ASSURANCE CO TORONTO CANADA Statement of 50 C CAPITAL CITY FIRE INS CO ATLANTA Statement of 731 CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH Statement of 53 CAMDEN FIRE INS ASSOCIATION NEW JERSEY Statement of 56 CHEROKEE LIFE INSURANCE COMPANY ROME GA Annual statement of 434 CHEROKEE LIFE INSURANCE COMPANY ROME GA Annual statement of i 432 CITIZENS FIRE INS CO CHARLESTOWN W VA Statement of 59 CITIZENS FIRE INSURANCE COMPANY OF MISSOURI Statement of 62 CITIZENS NATIONAL LIFE INS CO OF ANCHORAGE KY Statement of 406 CITY F NEW YORK FIRE INS CO N Y Statement of Go COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GA Statement of 69 COLUMBIA LIFE INS CO OF OHIO Statement of 421042 ComptrollerGenerals Report columbia life ins co cincinnati ohio Statement of 816 COLUMBIAN NATIONAL LIFE INS CO OF MASS Statement of 416 COLUMBIA INSURANCE CO OF JERSEY CITY N J Statement of 72 COMMERCIAL FIRE IN CO OF THE DISTRICT OF COLUMBIA Statement of 75 COMMERCIAL LIFE INS AND CASUALTY CO OF GEORGIA Statement of 422 COMMERCIAL UNION ASSURANCE CO LTD OF LONDON Statement of 78 COMMONWEALTH INS CO OF NEW YORK Statement of 82 CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD Statement of 85 CONNECTICUT MUTUAL LIFE INS CO HARTFORD Statement of 426 CONTINENTAL AID ASSOCIATION OF ATLANTA GA Statement of 733 CONTINENTAL CASUALTY COMPANY OF INDIANA Statement of 818 CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK Statement of 89 D DELAWARE INSURANCE COMPANY PHILADELPHIA PA Statement of 98 DIXIE FIRE NSURANCE COMPANY OF GREENSBQRO N C Statement of 95 E EMPIRE CITY FIRE INS CO OF X Y st atement of 102 EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GA Statement of 437ComptrollerGenerals Report 1043 empire state surety company of new york Statement of 882 EMPLOYERS INDEMNITY COMPANY OF PHILADELPHIA Statement of 827 EQUITABLE CASUALTY CO OF ATLANTA GA Statement of 835 EQUITABLE FIRE INS COMPANY OF CHARLESTON S C Statement of 109 EQUITABLE LIFE ASSURANCE SOCIETY OF U S N Y Statement of 44w EQUITABLE SURETY CO OF ST LOUIS MO iStatement of 839 EQUITABLE FIRE MARINE INS CO R I Statement of 105 F FARMERS COOPERATIVE FIRE INSURANCE CO OF GEORGIA Statement of 735 FARMERS MUTUAL FIRE INSURANCE COMPANY OF GA Statement of 736 FARMERS MUTUAL ASSUR ASSOCIATION GORDON CO GA Statement of 737 FEDERAL FIRE INSURANCE COMPANY JERSEY CITY N J Statement of 112 FIDELITY AND CASUALTY COMPANY OF NEW YORK Statement of 844 FEDERAL CASUALTY COMPANY OF MICHIGAN Statement of 842 FIDELITY AND DEPOSIT COMPANY OF MARYLAND Statement of 8al FIDELITY MUTUAL LIFE INS CO OF PHILADELPHIA Statement of FIDELITYPHENIX FIRE INSURANCE CO N Y Statement of FIRE ASSOCIATION OF PHILADELPHIA PA 121 Statement of 044 ComptrollerGenerals Report FIRE INSURANCE COMPANY DALLAS GA Statement of FIREMENS FIRE INSURANCE COMPANY OF NEWARK N J Statement of 128 FIREMENS FUND INS CO OF SAN FRANCISCO CAL Statement of 124 FITCHBURG MUTUAL FIRE INSURANCE CO MASS Statement of 131 FRANKFORT GEN INS CO GERMANY Statement of 857 FRANKLIN FIRE INS CO OF PHILADELPHIA PA Statement of 138 FRANKLIN FIRE INSURANCE CO WASHINGTON D C Statement of 135 FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL Statement of 445 G GENERAL ACCNT FIRE LIFE ASSUR COR LTD PERTH SCOTLAND Statement of 866 GENERAL BONDING AND CASUALTY INS CO DALLAS TEX Statement of GEORGIA FIRE INSURANCE CO OF POLK COUNTY GA Statement of 141 GEORGIA HOME FIRE INSURANCE CO OF COLUMBUS GA Statement of 144 GEORGIA LIFE INSURANCE COMPANY OF MACON GA Statement of 460 GEORGIA LIFE INS CO OF MACON GA Statement of 761 GEORGIA MUTUAL FIRE INS CO DUBLIN GA Statement of GEORGIA MUTUAL FIRE INS CO MACON GA Statement of 148 0A MUTUAL INDUSTRIAL LIFE HEALTH IN CO AUGUSTA Statement of 739COMPTBOLLERGrENEJRAls KePORT 1045 GERMAN ALLIANCE FIRE INS CO OF NEW YORK Statement of 149 GERMANAMERICAN FIRE INS CO NEW YORK CITY Statement of 153 GERMANIA FIRE INSURANCE COMPANY OF NEW YORK Statement of 156 GERMANIA LIFE INSURANCE CO OF NEW YORK Statement of 465 GERMAN MUTUAL FIRE INSURANCE CO OF SAVANNAH GA Statement of 741 GIRARD FIRE AND MARINE INS CO PHILADELPHIA PA Statement of 159 GLENS FALLS INSURANCE CO OF GLENS FALLS N Y Statement of i63 GLOBE INDEMNITY CO OF N Y Statement of 871 GLOBE RUTGERS FIRE INSURANCE CO N Y Statement of 166 GORDON CO MUTUAL FIRE STORM IN CO Statement of GREENSBORO LIFE INS COMPANY OF GREENSBORO N C Statement of470 GREAT AMERICAN COOPERATIVE FIRE ASSN MACON GA Statement of 744 GREAT EASTERN CASUALTY CO NEW YORK Statement of 878 GREAT SOUTHERN ACCNT FIDELITY CO ATLANTA GA Statement of 873 GUARANTEE COMPANY OF NORTH AMERICA CANADA Statement of 882 GUARANTEE MUTUAL LIFE HEALTH IN CO SAVANNAH Statement of 747 H HANOVER FIRE INSURANCE COMPANY OF NEW YORK Statement of 1731046 ComptrollerGenerals Eeport hartfobd life ins co of connecticut Statement of 475 HAETFOED FIEE INS COMPANY OF HABTFOED CONN Statement of 177 HABTFOED STEAM BOILEB INSPECTION INS CO CONN Statement of 885 HOME FEIENDLY SOCIETY OF BALTIMOEE MD Statement of 748 HOME FIEE INSUEANCE COMPANY OF NEW YOEK Statement of 181 HOME LIFE INSUEANCE COMPANY OF NEW YOEK Statement of 40 I ILLINOIS LIFE INSUEANCE COMPANY OF CHICAGO Statement of 486 ILLINOIS SUBETY COMPANY CHICAGO ILL Statement of 889 INDIANA NATIONAL LIFE INS CO IND Statement of 41 INDUSTEIAL LIFE AND HEALTH INS CO ATLANTA GA Statement of 751 INSUEANCE CO OF NOETH AMERICA PHILADELPHIA PA Statement of 185 INSURANCE COMPANY OF THE STATE OF PENN Statement of I90 INTERNATIONAL CASUALTY CO OF SPOKANE Statement of 892 INTEENATIONAL LIFE INS COMPANY OF ST LOUIS MO Statement of 45 IXTEBSOUTHEKX LIFE INS CO OF KY Statement of 500 INTERSTATE CASUALTY COMPANY BIRMINGHAM ALA Statement of 895 INTERSTATE LIFE AND ACCIDENT CO CHATTANOOGA TENN Statement of 899ComptrollerGenerals Report 1047 j JEFFERSON STANDARD LIFE INSURANCE CO OF N C Statement of 504 L LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND Statement of 508 LIVERPOOL AND LONDON GLOBE INS CO ENG N Y Statement of 194 LLOYDS PLATE GLASS INS CO OF NEW YORK Statement of 902 LONDON ASSURANCE CORPORATION OF LONDON ENGLAND Statement of 202 LONDON AND LANCASHIRE FIRE INS CO LIVERPOOL ENG Statement of 206 LOYAL PROTECTIVE INSURANCE CO OF MASS Statement of 910 LUMBER MUTUAL FIRE INS CO OF BOSTON MASS Statement of 212 LUMBERMENS MUTUAL INS CO OF MANSFIELD OHIO Statement of 215 LUMBER UNDERWRITERS FIRE INS CO NEW YORK Statement of 218 LUMBER INSURANCE COMPANY OF NEW YORK Statement of 209 M MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK Statement of 514 MARYLAND CASUALTY COMPANY OF BALTIMORE Statement of 913 MARYLAND LIFE INSURANCE CO OF MARYLAND Statement of 521 MASSACHUSETTS BONDING AND INSURANCE CO BOSTON Statement of91 MASSACHUSETTS FIRE AND MARINE INS CO BOSTON JIASS Statement of 2211048 ComptrollerGenerals Eeport MASSACHUSETTS MUTUAL LIFE INS CO SPRINGFIELD Statement of 97 MASONIC PROTECTIVE ASSOCIATION OF WORCESTER MASS Statement of nog MASONIC MUTUAL ACCIDENT CO OF SPRINGFIELD MASS Statement of MERCANTILE MUTUAL INS CO PROVIDENCE R I Statement of nij MERCHANTS LIFE ASSOCIATION BURLINGTON IOWA Statement of o MERIDIAN LIFE INS COMPANY OF INDIANA Statement of gin METROPOLITAN CASUALTY INSURANCE CO NEW YORKi Statement of 927 METROPOLITAN LIFE INS CO OF NEW YORK Statement of g33 MICHIGAN MUTUAL LIFE INS COMPANY DETROIT Statement of g4g MILWAUKEE MECHANICS FIRE INSURANCE CO WIS Statement of 297 MISSOURI STATE LIFE INSURANCE CO OF ST LOUIS MO Statement of ggn MUTUAL BENEFIT LIFE INS CO OF NEW JERSEY Statement of ggc MUTUAL BENEFIT INDUSTRIAL LIFE INS ASSN SAVANNAH Statement of 7gg MUTUAL LIKE INSURANCE COMPANY OF NEW YORK Statement of gg2 N NATIONAL ASSURANCE CO ATLANTA GA Statement of 7gj NATIONAL CASUALTY COMPANY OF MICHIGAN Statement of 93 NATIONAL FIRE INSURANCE CO OF HARTFORD CONN Statement of 930ComptrollerGenerals Eeport 1049 national home eire ins co oe polk county ga Statement of 231 NATIONAL L1EE ASSOCIATION DES MOINES IOWA Statement of 763 NATIONAL LIFE AND ACCIDENT INS CO NASHVILLE TENN Statement of 581 NATIONAL LIFE INS CO MONTPELIER VERMONT Statement of 574 NATIONAL LIFE INS COMPANY OF CHICAGO ILL Statement of 569 NATIONAL SURETY COMPANY OF NEW YORK Statement of 934 NATIONAL UNION FIRE INS CO PITTSBURG PA Statement of 236 NEWARK FIRE INS CO OF N J Statement of 240 NEW BRUNSWICK FIRE INS CO NEW BRUNSWICK N J Statement of 243 NEW ENGLAND MUTUAL LIFE INS CO BOSTON MASS Statement of 584 NEW HAMPSHIRE FIRE INSURANCE CO MANCHESTER Statement of 246 NEW YORK LIFE INSURANCE COMPANY OF NEW YORK Statement of 590 NEW YORK PLATE GLASS INS CO N Y Statement of 938 NIAGARA FIRE INSURANCE COMPANY OF NEW YORK Statement of 249 NORTH AMERICAN ACCIDENT INSURANCE CO OF ILL Statement of 941 NORTHERN ASSURANCE CO Statement of 256 NORTH CAROLINA MUTUAL AND PROVIDENT ASSN DURHAM Statement of 765 NORTH RIVER FIRE INSURANCE CO NEW YORK CITY Statement of 2601050 ComptrollerGenerals Eeport NORTHWESTERN MUTUAL LIFE INS CO OF WISCONSIN MILWAUKEE Statement of 597 O OCEAN ACCIDENT GUARANTEE COR LTD OF LONDON ENG Statement of 945 ORIENT FIRE INSURANCE CO OF HARTFORD CONN Statement of 267 P PACIFIC COAST CASUALTY OF CALIFORNIA Statement of 950 PACIFIC MUTUAL LIFE INS CO OF CALIFORNIA Statement of 603 PACIFIC MUTUAL LIFE INS CO OF CALIFORNIA Statement of 955 PALATINE INSURANCE CO LTD OF LONDON ENG Statement of 271 PAN AMERICAN LIFE INS CO OF N ORLEANS LA Statement of 610 PENINSULAR CASUALTY COMPANY OF FLORIDA Statement of 959 PENN MUTUAL LIFE INS CO OF PHILADELPHIA Statement of 611 PENNSYLVANIA FIRE INS CO OF PHILADELPHIA Statement of 274 PENN LUMBERMANS MUTUAL F1RF IN CO PHILADELPHIA Statement of 277 PENN MILLERS MUTUAL FIRE INS CO Statement of 280 PHOENIX ASSURANCE CO LONDON Statement of 286 PEOPLES NATIONAL FIRE INS CO WILMINGTON DEL Statement of 283 PHOENIX FJRE INS CO OF HARTFORD CONN Statement of 289COMPTKOLLEKGrENERAls EEPOET 1051 PHOENIX MUTUAL LIFE INS COMPANY OP CONN Statement of 618 PILGRIM HEALTH AND LIFE IKS CO OP AUGUSTA GA Statement of PITTSBURG LIFE TRUST COMPANY PITTSBURGH PA Statement of 624 PREFERRED ACCIDENT INSURANCE CO NEW YORK Statement of 962 PROVIDENCE WASHINGTON INS CO PROVIDENCE E I 903 Statement of PROVIDENT LIFE AND ACCIDENT INS CO CHATTANOOGA Statement of 630 PRUDENTIAL INS CO OF AMERICA NEWARK N J Statement of 633 Q QUEEN INSURANCE CO OF AMERICA N Y Statement of R RELIANCE LIFE INSURANCE COMPANY PITTSBURG PA 641 Statement of RESERVE LOAN LIFE INS CO INDIANAPOLIS IND Statement of RIDGLEY PROTECTIVE ASSOCIATION WORCESTER MASS 651 Statement of ROME INSURANCE COMPANY ROME GA Statement of ROYAL CASUALTY COMPANY OF ST LOUIS MO Statement of ROYAL EXCHANGE ASSURANCE CO OF LONDON 300 Statement 01 ROYAL INDEMNITY COMPANY OF NEW YORK N Y 970 Statement ot ROYAL INSURANCE CO LIVERPOOL 304 Statement ot 1052 ComptrolleeGenebals Eepoet s SAVANNAH FIRE INS CO SAVANNAH GA Statement of 30T SCOTTISH UNION AND NATIONAL INS CO EDINBURGH Statement of 309 SURETY FIRE INSURANCE CO NEW HAVEN CONN Statement of 313 SECURITY LIFE AND ANNUITY INS CO GREENSBORO N O Statement of 6 SOUTHERN INS CO NASHVILLE TENN Statement of 667 SECURITY MUTUAL LIFE INSURANCE CO OF NEW YORK Statement of 662 SOUTH GEORGIA FARMERS FIRE INS CO THOJIASVILLE GA Statement of J SOUTHERN NATIONAL LIFE INS CO LONDON KY Statement of 670 SOUTHERN STATES FIRE INS CO ATHENS GA Statement of 318 SOUTHERN MUTUAL FIRE INS CO OF ATHENS GA Statement of 316 SOUTHERN STATES LIFE INSURANCE COMPANY OF ALA Statement of 674 SOUTHERN STATES FIRE CAS INS CO BIRMINGHAM ALA Statement of 95 SOUTHERN STATES MUTUAL LIFE W VIRGINIA Statement of 679 SPRINGFIELD FIRE AND MARINE INS CO MASS Statement of 320 STANDARD ACCIDENT INSURANCE COMPANY OF MICHIGAN Statement of 978 STANDARD FIRE INS CO HARTFORD Statement of 328 STATE LIFE INSURANCE COMPANY INDIANAPOLIS IND Statement of 684 STATE MUTUAL LIFE ASSURANCE CO WORCESTER MASS Statement of 694ComptrollerGenerais Keport 1053 STATE MUTUAL LIFE INSURANCE COMPANY OF ROME GA 689 Statement oi ST PAUL FIRE AND MARINE INS CO ST PAUL MINN 324 Statement of SUBSCRIBERS AT U S LLOYDS INS UNDERWRITERS N Y 349 Statement of SUN FIRE INSURANCE COMPANY OF NEW ORLEANS LA 334 Statement of SVEA FIRE AND LIFE INS CO OF GOTHENBURG WEDEN 338 Statement of SUN INS OFFICE OF LONDON Statement of T TITLE GUARANTY AND SURETY CO OF SCRANTON PA Statement of TRAVELERS INDEMNITY CO OF HARTFORD CONN Statement of TRAVELERS INSURANCE COMPANY OF CONNECTICUT 699 Statement ot TRAVELERS INS CO OF HARTFORD CONN 992 Statement oi U UNION CENTRAL LIFE INSURANCE COMPANY OF OHIO 705 Statement of UNION FIRE INSURANCE COMPANY OF ATLANTA GA 775 Statement ot UNION MUTUAL ASSOCIATION OF ATLANTA GA Statement of UNION MUTUAL LIFE INSURANCE COMPANY OF MAINE Statement of UNION MARINE INS CO LIVERPOOL 340 Statement oi U S ANNUITY AND LIFE INS CO CHICAGO 711 Statement of 1054 CoMPTROLLERGrENERALs REPORT UNITED FIREMENS INS CO PHILADELPHIA Statement of 343 IT S BRANCH AACHEN MUNICH EIRE IN CO AIX LA CHAPELLE GERMAN Statement of 1 U S BRANCH EMPLOYERS LIAB ASSUR COR ENG Statement of 830 U S BRANCH LIVERPOOL AND LONDON GLOBE INSURANCE CO LIVERPOOL ENG Statement of 198 U S BRANCH LONDON GUARANTEE ACCDT CO LONDON Statement of 905 U S BRANCH HAMBURGBREMEN FIRE IN CO Statement of 171 U S BRANCH N BRITISH MERCANTILE FIRE INS CO LONDON AND EDINBURGH Statement of 253 U S BRANCH NORWICH UNION FIRE IN SOCIETY ENG Statement of 263 U S BRANCH THAMES MERSEY MARINE INS CO LTD GREAT BRITAIN IRELAND Statement of 982 UNITED STATES CASUALTY OF NEW YORK Statement of 997 UNITED STATES FIDELITY AND GUARANTY CO MARYLAND Statement of 002 UNITED STATES FIREMEN INS CO PHILADELPHIA PA Statement of U S FIRE IN CO OF NEW YORK Statement of 347 UNITED STATES HEALTH AND ACCDT CO SAGINAW MICH Statement of 1008 UNITED STATES HEALTH LIFE IN CO ATLANTA Statement of 772 U S HEALTH LIFE IN CO ATLANTA Statement of 1012ComptbollebGenebals Report 1055 v iNA STATES EIBE INSUBANCE CO OE RICHMOND Statement of VOLUNTEER STATE LIFE IN CO CHATTANOOGA TENN Statement of W WESTERN ft ATLANTIC EIRE IN CO NASHVILLE Statement of WESTCHESTEB EIBE INSURANCE CO OP NEW YORK Statement of WESTERN ASSURANCE CO TORONTO 3g9 Statement of WILLIAMSBURGH CITY EIRE INSURANCE CO OE N Y Statement of Y YOBKSHIBE IN CO YORK ENG 369 Statement of 4v lvJi UMNaanIQfaBWMia I SB Q54H4 B657