Report of the Insurance Department of the Comptroller-General's Office for the Year Ending December 31, 1913

THE LIBRARY OF
THE UNIVERSITY OF GEORGIA
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STATE CAPITOL ATLANTAREPORT
OF THE
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Insurance Department

OF THE
COMPTROLLER GLNLRAL5 OFFICL
FOR THE
YEAR ENDING DECEMBER 31 1913
i
Atlanta Ga
Chas P Btrd State Printer
1914

THE GENERAL LIBRARY
THE UNIVERSITY OF GEORGIA
ATHENS GEORGIAREPORT
Insurance Department
Atlanta March 1st 1914
To His Excellency John M Slaton Governor
Sir In compliance with law I have the honor to sub
mit the annual report of the Insurance Department for
the year ending December 31st 1913
The abstracts included in each of my previous reports
have been taken from the annual statements of the com
panies filed in this office during the year covered by the
report As the companies annual statements are made
up as of December 31st it is apparent that by the time
the report of this department was published the figures
contained therein were already a year out of date Real
izing that the report would be more valuable if the figures
given therein were those for the year just preceding 1
have included in this report the abstracts from the an
nual statements for the year 1913 as well as those for
the year 1912
It has been deemed advisable to publish this report
in two volumes as by so doing the work could be expe
dited Volume I contains the abstracts for the year 1912
Volume II contains those for the year 1913
I n my previous reports 1 have called attention to the
remarkable growth of the insurance business in the State
during the past thirty years The tables givenbelow are
for the purpose of further impressing you with the pro
portions that have been reached in the different lines
THE GENERAL LIBRARY
THE UNIVERSITY 0 QIA
ATHENS GEOrMA
Pr GEOabtVI
OMPTEOLLEKGrENERALS BePOET
FlBE AND FlEE AND MaEINE COMPANIES
Premiums Collected Losses Paid
1412148 1393070
1691708 1043354
3195426 1431333
7017439 3209610
6326926 3215788
The above figures for 1913 do not include the compan
ies that do marine business only Such companies are
now classed as Miscellaneous Companies
Year No of Companies
1883 45
1893 55
1903 56
1912 101
1913 103
Life Companies
Amt Ins
fear No of Companies Premiums Coll eeted In Force
1883 15 296824 9098822
1893 27 2375244 69931265
1903 41 5298816 142672751
1912 59 10646253 337230403
1913 59 11440520 367623921
Miscellaneous Com pantes
Year No of Conip uiies Premiums Coll scted Losses Paid
ess None None None
189 4 4337 420
1903 22 122957 14333
1912 5 1415568 649358
1913 1653515 S3 29 71
Assessment Companies
As a result of the effectual supervision of this class
of companies following the Act of 1912 several of these
companies have ceased to operate in this State In 1912
there were 10 Assessment Fire Companies which opera
ted here as against only 5 in 1913 The 10 companies
collected in 1912 15194 while the 6 companies in 1913
collected only 39999 The losses paid in 1913 were
20697
The three Assessment Companies authorized to write
Ordinary Life business reported their premium assessComptrollerGeneral s Ebport
Vll
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merit collections for the year 1913 to be 60948 and
their losses paid as28961
The Assessment Companies which do an Industrial
Life and Health Insurance business that reported for
the year 1913 were ten in number as compared against
thirteen for 1912 The assessment collections for 1913
amounted to 1714487 The losses paid amounted to
662421
25000 Capital Stock Industrial Company
One domestic industrial stock company reported that
its premium collections for the year 1913 were 70419
and its losses paid amounted to 27718
Fraternal Orders
Thirtyfive Fraternal Orders reported that they col
lected from members during the year 1913 dues and
assessments to the extent of 1160394 and that they
paid losses amounting to 844509
Examinations
The activity of the Department in its supervision of
the companies which operate in the State is evidenced
by the number of companies that were examined during
1913 by experts under the direction of the Insurance Com
missioner In each case proper reports were filed and
where irregularities were found to exist the matter was
brought to the attention of the companies and the proper
remedy applied One company the American Life and
Annuity Company of Atlanta was found to be insolvent
It was promptly placed in the hands of a receiver and
later in the hand of the Insurance Department for liqui
dation On account of pending litigation it has not yet
been possible to wind up its affairs You will find ap
VI11
ComptrollerGeneral s Beport
pended hereto a statement of the income and disburse
ments by the Department marked Exhibit A The
Life business of the Georgia Life Insurance Com
pany was sold to the Maryland Life Insurance Company
The reinsurance transaction was properly submitted to
and approved by this Department The Georgia business
of the Great Southern Accident and Liability Company
was reinsured by the Georgia Life Insurance Company
The transaction was properly investigated and approved
by the Department
The following is a list of the companies examined
American Ins Co Savannah
American Life and Annuity Co Atlanta
Atlanta Mutual Ins Assn Atlanta
Augusta Fire Ins Co Augusta
Bankers Health and Life Ins Co Macon
Cherokee Life Ins Co Borne
Columbia Fire Ins Co Athens
Columbian Woodmen Atlanta
Commercial Life Ins and Casualty Co Savannah
Cosmopolitan Life Ins Co Atlanta
Empire Life Ins Co Atlanta
Equitable Casualty Co Atlanta
Georgia Fire Ins Co Cedartown
I Georgia Home Ins Co Columbus
Georgia Mutual Industrial Life and Health Insurance Company
Savannah
Great Southern Accident and Fidelity Co Atlanta
Guaranty Mutual Life and Health Ins Co Savannah
Industrial Life and Health Ins Co Atlanta
Masons Annuity Atlanta
Mutual Benefit Industrial Life Insurance Assn of Georgia Savannah
Pilgrim Health and Life Ins Co Augusta
Savannah Fire Ins Co Savannah
Standard Life Ins Co Atlanta
State Mutual Life Tns Co Rome
Onion Mutual Assn Atlanta
ComptbollebGenebaes Eepoet ix
Depabtment Expenses
As required by the Act of 1912 I submit the follow
ing statement of the expenses of the Department for
the year ending December 31st 1913
Postage 325 00
Express 30 90
Telehone and telegraph 32 22
Printing and stationery 4115 01
Salaries 7500 00
Office fixtures 35 50
Total 12038 63
Fiee Inspectob
Appended hereto you will find the report of the State
Fire Inspector marked Exhibit B which covers the
work clone in that department during the year 1913 The
following is a statement of the income and disbursements
on account of the fire inspection work from its inception
to December 31st 1913
Special tax levied in 1912 5663 03
Salaries for 1912 139 65
Expenses for 1912 83 59
Total for 1912 223 24
Salaries for 1913 1585 00
Expenses for 1913 84129
Total for 1913 2426 29
2649 53
Expense money advanced to Fire nspector to
be accounted for 16 66
Total 2666 13
Balance on hand December 31st 1913 2996 84
It was not found necessary to levy the special tax
during 1913ComptBollebGenebal s Report
Pbemium Tax Returns
Your attention is called to the suggestion made in
my last report that it is advisable to have the Premium
Tax year correspond with the annual statements Under
the present law the returns are made as of April 30th
and are not required to be filed until July 1st This
causes much confusion and unnecessary clerical work
both on the part of the Department and on the part of the
companies It is desired to have the present law amend
ed so as to require the premium tax returns as of Decem
ber 31st and require that they he made by March st of
the succeeding year
Respectfully
Wm A Weight
Insurance Commissioner
E Leon Porter
Deputy Insurance CommissionerComptrollerGenerals Eeport
XI
EXHIBIT A
STATEMENT OF THE INCOME AND DISBURSEMENTS OF THE
AMERICAN LD7E AND ANNUITY COMPANY WHILE IN THE
HANDS OF THE INSURANCE DEPARTMENT
AS OF DEC 31 1913
INCOME
Cash balance brought forward
Premiums collected
Premium notes collected
Interest on premium notes
Interest on bonds
Interest on mortgage refunded
Rents
Dividend Checks returned
Dan Metts Mortgage loan
Sale of furniture and fixtures
Sale of certificates of deposit
Court costs refunded
Total income
319 18
1850 13
441 91
3 75
60 00
70 00
29 50
76 94
400 00
300 00
1600 00
13 48
5164 89

DISBURSEMENTS
Salary Special Deputy
Auditing
Clerical salaries
Legal advertising
Postage
Bent
Comp settlement of Atlanta Trust Co
claim
Unpaid checks charged back
Exchange discount and protest fees
Court costs
Notes payable
Interest on notes payable
Total disbursements
Cash on hand 13 48
Bank balance 1150 68
201 93
355 00
348 00
43 18
10 00
293 90
150 00
460 56
3 50
207 58
1900 00
27 08
4000 73
1164 16 5164 89
Xll
ComptrollerGenerals Report
EXHIBIT B
Atlanta January 1st 1914
Hon Wm A Wright Insurance Commissioner
j Atlanta Ga
Dear SirAs State Fire Inspector I investigated
the following suspicious fires during the year 1113
No 1At 15 Peter Street Atlanta Ga a tire oc
curred there on the night of December 30th 1912 This
I re caused a damage to both 13 and 15 Peters Street
without doubt this fire was of incendiary origin I am
satisfied both places were overinsured
No 2About 2 A M January 6th several buildings
were burned at Seville Ga My investigation brought
out that quite a feeling existed between some of the in
terested parties For that reason I turned this case over
to the Solicitor General of that circuit Up to date he has
not reported to me what action he has taken in the case
No 3At 320 A M on January 11th a fire occurred
in the Fruit and grocery store of C Paris 209 Broad
Street Albany Ga This place was no doubt set on fire
gasoline was used and two separate and distinct fires
were discovered in this store they were in no way con
nected Strong circumstancial evidence pointed to the
proprietor as the guilty party No doubt this was anoth
er case of overinsurance This case was turned over to
the Solicitor General for further investigation
Xo 4Vienna Ga had a tire the night of December
31st 1912 originating in the store of H Orovitz The
insurance adjuster visited this place and had practically
made the assurred an offer for settlement before I was
notified My investigation satisfied me that this was anComptrollerGenerals Eeport
Xlll
incendiary fire and overinsured but I failed to find any
direct evidence against any particular person
No 5A fire at Elizabeth da was reported to me
as being suspicious this fire occurred January 21st
From my investigation it appears that this was an acci
dental fire
No 6I investigated a fire that occurred at Brinson
Ga the 12th of December 1912 This fire was in the
house of Mrs Chandler and was without doubt of incen
diary origin When I arrived at Brinson Mrs Chandler
had moved away I also found she had shipped a lot of
household goods off the day before the fire This fire had
occurred more than a month before this office was noti
fied For that reason I was very much handicapped in
making my investigation The ease with several affi
davits were turned over to the Solicitor General of that
circuit
No 7A fire occurred at Winder Ga about 400
oclock in the morning of January 5th This is another
case of overinsurance and the insurance companies wait
ing too long after the fire before notifying this office 1
went to Winder immediately after being notified about
this fire when I arrived I found every tiling had been
moved and the place cleaned up and the proprietor moved
out in the country
No 8There was a suspicious fire reported to me
that occurred at 104 Luckie Street January 27th There
were two fires at this place the same day This place
was occupied by Mrs C L Boundtree The furniture was
claimed by Mr J M Allen and insured in his name lie
seemed to know very little about this fire In my opinion
this was an incendiary fire and overinsured I was un
able to find any evidence of arson against any particular
personXIV
ComptrollerGenerals Keport
No 9At the request of Mayor Chappell of Colum
bus Ga I visited Columbus for the purpose of investi
gating several fires that occurred there recently I found
several suspicious fires but failed to find any evidence
against any particular person
No 10I visited Sparks Ga for the purpose of
investigating a fire that occurred there on the night of
January 25th The insurance people had failed to no
tify me about this fire until February 18th and after an
adjuster had been there in an effort to settle the loss
This was no doubt an incendiary fire The Solicitor Gen
eral of that circuit was notified to look into this fire
No 11A fire occurred at Columbus Ga at a large
cotton compress on the railroad March 1st As there
was considerable difference of opinion about this fire I
was requested to investigate it I failed to find any sus
picious circumstances that looked like an incendiary fire
and am of the opinion that as the cotton was on an open
platform that the fire was caused by cinders from an
No 12There was a very suspicious fire at Swainsboro
Ga on the night of February 25th in a vacant house
owned by C M Flanders The Grand Jury found a true
bill against Flanders for arson I Ead eighteen witness
es for the Grand Jury After using only four of the wit
nesses they immediately found a true bill against Fland
ers for arson I am satisfied he would have been convic
ted when tried Mr Flanders was taken sick and died
before the case was tried
No 13On February 23d there was a fire in the
store of J Saul Marietta Ga Several parties thought
this a suspicious fire and I was requested to make an
investigation T failed to find anything that appeared toComptrollerGenerals Report
xv
be of incendiary origin it looked like an accidental fire
The insurance adjuster also was of the same opinion
No 14I Was requested to investigate a fire that oc
curred in a negro house at LaGrange Ga This building
was owned by the LaGrange Bank Trust Co The
Chief of Police assisted me in this investigation We
found this to be a case of a lot of negroes in a drunken
frolic We were both satisfied this fire was caused by
carelessness
N0 15A suspicious fire occurred in Macon Ga on
the night of March the 8th There were some suspicious
circumstances surrounding this fire I gave same a thor
ough investigation and then a detective spent over two
weeks on this case but failed to find any distinct eviden
ce against any one
No 16I investigated a fire that occurred in one of
the colored public schools at Rome Ga This fire oc
curred in the morning of March 12th Very little damage
was done at this fire and 1 am of the opinion it was care
lessly done by some children looking for birds nests
No 17A fire occurred at Brunswick Ga February
16th This was beyond doubt an incendiary fire I ac
cumulated a lot of evidence and turned same over to the
Solicitor General This fire was in the grocery store of
M T Goodbrad This case was taken before the Grand
Jury but they did not think the evidence was strong
enough against any particular person to retrun a bill
No 18During the week of April 14th I attended
court at Swainsboro and was before the Grand Jury with
witnesses against C M Flanders charged with arson
The Grand Jury found a bill against Flanders Immedi
ately afterwards he was taken sick and died before the
trialXVI
ComptrollerGenerals Beport
No 19I was asked to investigate a fire that occur
red at Butler Ga the latter part of April destroying a
house owned by Mr I 0 Cox which I am satisfied was
incendiary Before my arrival a negro by the name of
Jim Leonard had been arrested for arson He was tried
before a Justice of tbe Peace who dismissed the case
stating that the evidence was not positive enough I
found very strong circumstancial evidence against this
negro but the Justice wanted direct proof
No 20In the early part of May I visited Americus
Ga for the purpose of investigating the burning of the
barn of N A Bay 21 miles from Americus I visited
this place with the Sheriff We are both satisfied this
was an incendiary fire but could find no evidence against
any particular person Mr Bay offered a reward of 300
00 and the Governor 20000 to find the guilty parties
but up to date no clue has been found
No 21I visited Waynesboro Ga by request As
they had had several suspicious fires the past year the
Mayor and others thought if the State would show an
interest there in looking after suspicious fires that the
moral effect would be very beneficial I found several
suspicious fires but could get no direct evidence
No 22While at Waynesboro Ireceived a wire from
Augusta reqesting me to stop by there and investigate
quite a number of small incendiary fires I found sever
al had occurred in the same neighborhood I felt satis
lied that they were started by some irresponsible parties
I got the Council to offer a reward for the arrest and
conviction of any one The Chief of Fire Department
wrote me recently that he thought my visit and the re
ward had had the desired effect as all such fires had
stoppedComptrolleeGeneeals Repctit
XV11
No 23I investigated a fire that occurred at 234
Whitehall Street Atlanta Ga on February 20th This
fire had happened some time before a request was made
for an investigation On examination I found other par
ties occupying this room and the party that had had the
fire had moved out and was out of business and could
not be found From the best information I could get
this party had a very small stock with heavy insurance
No 24A barn was burned at Jefferson Ga May
13th I visited that place and the result was that a ne
gro who I am satisfied burned this barn by the name of
Emory Montgomery is now in jail and will be tried at
the October term of court
No 25In the early part of June upon request I
visited Savannah Ga for the purpose of investigating
several fires that had recently occurred there All the
fires except the one at 402 W Broughton Street were in
my opinion accidental ones This Broughton Street fire
was in the store of Robinson Bros It had all the ap
pearance of being oiled and of incendiary origin This
is another case of overinsurance
No 26In June a fire occurred at 63 Beecher Street
Atlanta in a house occupied by Mrs A Newsome I
gave this place a thorough investigation and found be
yond doubt this fire was of incendiary origin and the
furniture was overinsured Some of the furniture claim
ed to have been burned and also claimed by three furni
ture dealers in the city has been located at Woodsides
warehouse and is held there under an attachment This
Mrs Newsome I am informed has left Atlanta and up
to the present has not made a claim for her insurance
The furniture dealers are watching this case and should
she return her case will be turned over to the Solicitor
GeneralXV111
omptisoelerGenebals Report
No 27A suspicious fire was investigated by me that
occurred in Sandersville Ga January 1913 After the
assured had been settled with it was rumored that most
of the furniture had been moved to the country just be
fore the fire occurred The matter is now being investi
gated by the sheriff and myself The sheriff thinks he
will soon be able to locate some of the goods
No 28A fire occurred at 587 Marietta Street At
lanta about 5 A M on July 10th This was without
doubt an incendiary fire and overinsured but I could
not get any direct evidence The assured made claim
for 27500 damages 1 am satisfied that every thing in
the house did not amount to that much When I started
my investigation the assured accepted 10000 in full
settlement from the insurance company who had the
furniture insured for 50000
No 29A fire occurred at 908 Broad Street Augus
ta Ga about 250 A M July 8th This was a suspicious
lire and was being investigated by the Augusta officers
and myself when the insurance companies made a settle
ment of the loss which caused the officers to stop the
investigation
Xo 30I investigated two suspicious fires that oc
curred at Colquitt Ga one on July 23d and the other
July 26th Both in my opinion were of incendiary ori
gin The one on July 23d did very little damage 1 was
unable to find who the guilty party was The one of
July 26th was another case of overinsurance Oil was
used at this fire Some very strong circumstantial evi
dence looks had for the proprietor This case lias been
turned over to the Solicitor General
No 31I investigated a very suspicious fire that oc
curred at 21 and 2 Piedmonl Avenue Atlanta ThisComptrollerGeneral s Report
xix
was beyond doubt an incendiary fire They carried an
insurance of 3200000 with a complete inventory of
stock of only 1429129 This case has been turned over
to the Solicitor General I found where two separate
and distinct fires occurred at the same time in no way
connected This firm I am informed has gone into bank
ruptcy
No 32A suspicious fire occurred at 855 Mulberry
Street Macon Ga at 2 A M August 24th This was
a vacant house I am satisfied it was set on fire A de
tective was employed on the case but failed to find evi
dence enough to prosecute any one
No 33I was requested to investigate a fire that
occurred at Marietta Ga in the Palace Drug Co on the
morning of September 11th I examined this place and
found the drug store owend by negros They had a very
small stock with no insurance For the above reasons
I am satisfied the interested parties were in no way to
blame for this fire
No 34There was a fire at Fitzgerald Ga August
14th that I investigated I am satisfied this was an in
cendiary fire Strong circumstantial evidence is against
the assured who has left the state and now resides in
Meridian Miss The insurance company has held up
this claim and we are waiting for the owner to return
from Meridian This is another case of overinsurance
and I am satisfied this was not an accidental fire
No 35On September 20th there was a fire in the
rear of 38 and 40 York Avenue Atlanta Ga This place
was occupied by a negro woman named Addie Daniels
and well overinsured In less than two 2 days after
this fire the company she was insured with settled with
her by paying her cash 5050 and she immediately leftXX
ComptrollerGeneral s Eeport
for parts unknown On account of this quick settlement
I had no chance to investigate this case any more The
company acknowledged to me that it looked like a crook
ed loss to them
No 36A fire occurred on October 22d at 34 Walton
Street Atlanta Ga This was beyond doubt an incendi
ary fire It looked very much like a case of spite I
turned this entire matter over to the Police Department
So far I understand nothing definite has been found
No 37I investigated a fire that occurred in Macon
Ga September 17th in the grocery store of C L Lewis
His stock was overinsured and no doubt this place was
set on fire I got quite a number of affidavits and other
evidence against Lewis and had him arrested on the
charge of arson I will appear before the Grand Jury
on this case as soon as it meets
No 38The latter part of October I attended court
at Jefferson Ga for the purpose of prosecuting Emory
Montgomery colored who had already been charged with
arson From the evidence I had accumulated this negro
was found guilty of arson and the judge gave him 12i2
years in the penitentiary While at this court I assis
ted in prosecuting a white man by the name of Will Cum
mins for burning a barn of the estate of W H Brasel
ton He also was convicted and the judge gave him
live 5 years in the Penitentiary
No 39On November 5th I appeared before the
Grand Jury at Macon Ga to investigate the charge of
arson against C L Lewis I had eleven 11 witnesses
for the Jury After using two they found a true bill
against Lewis for arson and ordered him rearrested
Mis case will come up for trial at the Spring term of
courtComptrollerGenerals Report
XXI
Xo 40I was requested to investigate a fire that
destroyed the barn of Wm T Nash November 10th
about six miles from Lawrenceville I visited this place
with the sheriff and it appeared to both of us as an acci
dental fire We failed to find any suspicious circumstan
ces
No 41On November 3d a house at Funston Ga
near Moultrie was burned I visited this place and se
cured several very strong affidavits against the owner
of the property All of my evidence has been turned
over to the Solicitor General He has agreed to bring
the case before the Grand Jury that will meet in January
This is no doubt a case of arson
No 42A barn was burned near Hartwell Ga This
was without doubt an incendiary fire Strong circum
stantial evidence points against one of the tenants on
the place I got several affidavits and turned all my evi
dence over to the Solicitor General and he has agreed
to take the case up with the Grand Jury as soon as it
meets
No 43A fire occurred at 291 and 293 E Hunter
Street Atlanta Ga October 8th This is in my opinion
an incendiary fire The case is now in the hands of the
Detective Department and is being investigated
44A fire occurred on November 10th at 295 Mar
ietta Street Atlanta Ga This was a cap factory I in
vestigated this place and am satisfied the proprietor is
guilty of arson as well as forgery I submitted my evi
dence to the Grand Jury and in a few moments they found
four true bills against the proprietor L Weinberg 3 for
foroerv and 1 for arson He was arrested and put m
jail on his failure to make a 500000 bond He will no
doubt be tried during the Siring term of courtXX11
ComptbollebGeneeal s Repoet
No 45I was called to Alaeon Ga to investigate a
suspicious fire that occurred November 11th at 129 Cot
ton Avenue Three fires at this place caused very little
damage two of them no doubt were of incendiary origin
Flic proprietor thinks some enemy is trying to burn him
out but we were unable to find evidence against any par
ticular person The proprietor does not suspect any one
in particular
No 46There was another fire at Maeon Ga at 418
Vineville Avenue I am satisfied this place was set on
fire and a quantity of oil was used this was a very suspi
cious fire This case is now in the hands of a detective
No 47I investigated a suspicious fire that occurred
November 23d about 430 A M at 209 Luekie Street
Atlanta Ga This was a very small stock of groceries
heavily overinsured but I could not find any evidence
against any particular person
No 48I went to Waynesboro Ga to investigate a
suspicious fire that occurred there November 25th This
fire appeared to have started in the office occasionally
occupied by Dr J B Hiers This no doubt is an incen
diary fire and is being now investigated by the proper
authorities
No 49A fire that occurred at Norristown October
21st I investigated but could find no evidence against
any one that I could charge with arson
No 50A fire occurred at Savannah Ga December
16th I investigated this fire and secure a number of
affidavits The case is still being investigated and lias
not been closed
No 511 visited Monticello Ga for the purpose of
investigating the burning of a barn about 5 miles in theComptrollerGenerals Report
xxin
country I took the sheriff out to this place with me We
failed to find any evidence against any one
No 52 I am now investigating a fire that occurred
in Rome Ga December 14th Certain parties are under
suspicion and are now being looked after
Hints and Suggestions
1 Insurance agents and bookers in writing policies
can do efficient fire prevention work by paying more at
tention to the moral hazard and as to whether or no the
property is overinsured and less to the amount of then
commissions
2 Keep your place in such condition that if a person
wanted to start a fire he would have to first hunt tor the
material with which to start it with
3 Persons in charge of churches schools and other
public buildings should see to it that all doors open out
ward and are frequently examined so in case of emer
gency they will open freely Serious loss of life is often
occasioned by exits becoming blocked and not working
freely o
Each suspicious fire reported or that I heardof in
the state was investigated by me I have numbered each
inspection so as to conform to the same number on my
rePThere have been two trials for arson and both were
convicted and both received a penitentiary sentence 1
have secured five true bills from Grand Jurys four in
Fulton County and one in Bibb County Six other cases
are now being investigated by Solicitor Genera s and
three are now under investigation by sheriffs hiet ol
Police and myself
A large majority of the incendiary cases 1 have in
vestigated I find to be overinsured If local agentsXXIV
omptbolleeGeneeals Eepoei
would exercise more care in writing insurance and see
that the property is not overinsured I am satisfied in
cendiary fires would be greatly reduced
I could render better service in a number of cases
if I received more prompt notice In several instances
Insurance Adjusters have visited the places where fires
occurred and failing to make a satisfactory settlement
then report the case to me for investigation I should
be notified just as soon after a fire occurrs as is possible
Quirk action will get best results
Very truly yours
W R JOYXEB
State Fire Inspector

I

PIComptrollerGenerals Report
xxv
INSURANCE DEPARTMENT STATE OF GEORGIA
LIST OF INSURANCE COMPANIES ASSOCIATIONS AND
FRATERNAL ORDERS LICENSED TO DO BUSINESS
IN GEORGIA FOR THE YEAR 1914
I FIRE AND FIRE AND MARINE COMPANIES
GEORGIA COMPANIES
Name of Company
Home Office
I Atlantic National Ins CoMacon Ga
i Atlanta Home Ins CoAtlanta Ga
Columbia Fire Ins CoAthens Ga
Georgia Fire Ins CoCedartown Ga
Name of Company
Home Office
Georgia Home Ins CoColumbus 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 Druggists Ins Co
American Ins Co
Atlas Assurance Co
Boston Insurance Co
British America Assurance Co
Caledonian Ins Co
Camden Ins Co
Citizens Fire Insurance Co
Citizens Insurance Co
City of New York Ins Co
Commercial Fire Ins Co of D C
Commercial Union Assurance Co
Commonwealth Ins Co
Concordia Fire Ins Co
Connecticut Fire Ins Co
Continental Insurance Co
Home Office
Attorney for Service
Dixie Fire Insurance Co
Equitable Fire Marine Ins Co
Equitable Insurance Co
FidelityPhoenix Fire Ins Co
Fire Association of Philadelphia
Fireman s Fund Ins Co
Fireman s Insurance Co
New York City
Hartford Conn
Watertown N Y
Philadelphia Pa
St Louis Mo
Cincinnati O
Newark N J
New York City
Boston Mass
Toronto Canada
New York City
Camden N J
Baltimore Md
St Louis Mo
New York City
Washington
New York City
New York City
Milwaukee Wis
Hartford Conn
New York City
Greensboro N C
Providence R I
Charleston S C
New York City
Philadelphia Pa
San Francisco Cal
i Newark N J
D B Harris
Clarence L Ruse
T I Lynch
Edward S Gay
C H Godfrey
B S Persons
L J Leonard
C C Hatcher
Wm L Wilson
Chas H Godfrey
W Floyd Johnson
D B Harris
Robt N Hughs
Egleston Prescott
Wm H Rhett
W I Harris
D I Mclntyre
Frank H Reynolds
L C Quinn
S C Williams
J L Riley Co
E J Dickey
J J McKay
F H Reynolds
A L Waldo
W E Chapin
Edgar S Wilson
Jas L Riley
Address
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Macon
Atlanta
Atlanta
Savannah
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Athens
Atlanta
Atlanta
Atlanta
Macon
Atlanta
Atlanta
Atlanta
Macon
Atlantaxxvi ComptrollerGenerals Report
Fire and Fire and Marine CompaniesNonResidentContd
Name of Company
First National Fire Ins Co
Franklin Fire Ins Co
German Alliance Ins Co
GermanAmerican Ins Co
Germania Fire Ins Co
Girard Fire Marine Ins Co
Glens Falls Fire Ins Co
Globe Rutgers Fire Ins Co
Great Southern Fire Ins Co
HamburgBremen Ins Co
Hanover Fire Ins Co
Hartford Fire Ins Co
Home Ins Co
Insurance Co of North America
Insurance Co State of Penn
Liverpool London Globe Eng
Liverpool London Globe N Y
London Assurance Corporation
London Lancashire Fire ins Co
Lumber Insurance Co
Lumber Mutual Ins Co
Lumber Underwriters
Lumbermen s Mutual Ins Co
Mass Fire Marine Ins Co
Mercantile Mutual Five Tns Co
Milwaukee Mechanics Tns Co
Nationale Fire ins Co of Paris
France
National Fire Tns Co
National Union Fire Tns Co
Newark Fire Insurance Co
New Brunswick ins Co
New Hampshire Tns Co
Niagara Insurance Co
Nord Deutsche Fire Tns Co
North British and Mercantile
Insurance Co
Northern Assurance Co Lim
Northern Insurance Co
Narth River Insurance Co
Norwich Union Fire Ins Society
Orient Insurance Co
Pacific Fire Tns Co
Palatine Tns Co Lim
Pennsylvania Fire Tns Co
Penn Lumbermens Mut Tns Co
Penn Millers Mutual Fire Tns Co
Peoples National Fire Tns Co
Phenix Fire Tns Co of Paris
France
Home Office
Washington D C
Philadelphia Pa
New York City
New York City
New York City
Philadelphia Pa
Glens Falls N Y
New York City
Lyndon Ky
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
Boston Mass
New York City
Mansfield Ohio
Boston Mass
Providence R I
Milwaukee Wis
Providence R I
Hartford Conn
Pittsburg Pa
Newark N J
N Brunswick XI
Manchester N H
New York City
New York City
New York City
New York City
New York City
New York City
New York City
Hartford Conn
New York City
New York City
Philadelphia Pa
Philadelphia Pa
WilkesBarir Pa
Philadelphia Pa
attorney for Service
W R Hoyt
Address
W I Harris
Wm B Stovall
S Y Tupper Jr
S Y Tupper Jr
S C Williams
Jno A Whitner
A L Brooks
J L Riley Co
W F Patillo
J L Wright
Egleston Prescott
Chas W Phillips
Edward S Gay
1 T Melntyre
B P Walker Jr
B P Walker Jr
E S Kellv
F W Cole
J L Riley Co
F W Vaughn
Win A Wright
F Wade Vaughn
las L Dickey Jr
Wm A Wright
Wm H Hill
Wm A Wright
H T Powell
C A Thornton
J L Wright
R N Hughs
W M King
J Hall Miller
W II Rhett
Win H Hill
Edgar Dunlap
Milton Dargan Jr
J L Riley
A Wilkerson
J F Lewis
Jno A Whitner
W E Chapin
I Wade Vaughn
P Wade Vaughn
Robert N Hughs
Providence R 1 Wm A Wright
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
AtlantaComptrollerGeneeal s Report
XXVll
Fire and Fire and Marine Companies NonResidentContd
Name of Company
Home Office
Phoenix Assurance Co LiraNew York City
Phoenix Fire Ins CoHartford Conn
ProvidenceWashington Ins Co Providence B
Attorney for Service
Queen Insurance Co of America
Ehode Island Fire Ins Co
Eoyal Exchange Ins Co
Eoyal Ins Co Lim Liverpool
Scottish Union National Ins Co
Security Fire Ins Co
Springfield Fire Marine Ins Co
Standard Fire Insurance Co
St Paul Fire Marine Ins Co
Sun Insurance Office England
Svea Fire Life Ins Co
Union Fire Ins Co of Paris
France
United Firemens Ins Co
United States Fire Ins Co
Westchester Fire Ins Co
Western Assurance Co
Williamsburg City Fire Ins Co
Yorkshire Insurance Co Lim
New York City
Providence E I
New York City
New York City
Hartford Conn
New Haven Conn
Springfield Mass
Hartford Conn
St Paul Minn
New York City
New York City
Providence E I
Philadelphia Pa
New York N Y
New York City
Toronto Canada
New York City
New York City
Edgar Dunlap
E Lipscombe
D B Harris
S Y Tupper
Ins Commr
A L Brooks
Milton Dargan
W E Hoyt
D B Harris
Jas L Dickey Jr
W A Wright
A B Tumlin
J T Fitten
D B Harris
D I Mclntyre
E N Hughs
Wm A Wright
Edgar Dunlap
Chas H Godfrey
E N LeVert
Milton Dargan
Address
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
II LIFE COMPANIES
GEORGIA COMPANIES
Name of Company
Home Office
Name of Company
Home Office
Cherokee Life Insurance CoEome Ga
Commercial Life Ins Casualty
CoSavannah Ga
Cosmopolitan Life Ins Co The Atlanta Ga
Empire Life Ins Co TheAtlanta Ga
State Mutual Life Ins CoEome Ga
Standard Life Insurance CoAtlanta Ga
NONRESIDENT COMPANIES
Namo of Company
Aetna Life Ins Co
American Central Life Ins Co
Am National Ins Co
Atlantic Life Ins Co
Bankers Reserve Life Co
Citizens National Life Ins Co
Columbia Life Insurance Co
Home Office Attorney for Service
Hartford Conn
Indianapolis Ind
Galveston Tex
Eichmond Va
W E Hawkins
Wm A Wright
W A Oliver
Ins Commr
Omaha Neb Wm A Wright
Anchorage Ky
Cincinnati Ohio
F L Wilkinson
B F Eeins
Address
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Albany
Atlantaxxvm
ComptrollerGenerals Keport
Life CompaniesNonResidentContd
Name of Company
Columbian National Life Ins Co
Connecticut Mutual Life Ins Co
Equitable Life Assurance Society
Federal Life Ins Co
Fidelity Mutual Life Ins Co
Franklin Insurance Co
Germania Life Insurance Co
Home Life Insurance Co
Home Office Attorney for Service
Independent Life Ins Co
Illinois Life Insurance Co
Indiana National Life Ins Co
International Life Insurance Co
InterSouthern Life Ins Co
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
National Lite Accident Co
National Life Ins Co
National Life Ins Co of D S A
New England Mutl Life Ins Co
New York Life Insurance Co
North American Life Ins Co
Northwestern Mut Life Ins Co
Pacific Mut Life Insurance Co
Pan American Life Ins Co
Penn Mutual Life Insurance Co
Philadelphia Life Ins Co
Phoenix Mutual Life Ins Co
Boston Mass
Hartford Conn
New York N Y
Chicago 111
Philadelphia Penn
Springfield 111
New York N Y
New York N Yr
Nashville Tenn
Chicago 111
Indianapolis Ind
St Louis Mo
Louisville Ky
Raleigh N C
Richmond Va
New York NY
Baltimore Md
Springfield Mass
Indianapolis Ind
New York N Y
Detroit Mich
St Louis Mo
Newark N J
New York N Y
Nashville Tenn
Montpelier Vt
Chicago 111
Boston Mass
New York N Y
Chicago 111
Milwaukee Wis
Los Angeles Cal
New Orleans La
Philadelphia Penn
Philadelphia Pa
Hartford Conn
Pittsburg Life Trust CoPittsburg Pa
Prudential Ins Co of Am
Reliance Life Insurance Co
Reserve Loan Life Ins Co
Security Mutual Life Ins Co
Southern Insurance Co
Sou States Life Ins Co Ala
Southern States Mut Life Ins Co
State Life Insurance Co
State Mutual Life Ass Co
Travelers Insurance Co Hartford Conn
Union Central Life Insurance Co Cincinnati Ohio
V S Annuity Life Ins CoChicago 111
Volunteer State Life Tns Co Chattanooga Tenn
Newark N J
Pittsburg Pa
Indianapolis Ind
Binghampton N Y
Nashville Tenn
Atlanta Ga
Charleston W Va
Indianapolis Ind
Worehester Mass
A C Newell
W A Wright
F W Burr
W A Wright
J H Byeley
B PKetchum
Alex C King
Wm A Wright
Wm A Wright
J C Tumlin
E C Lester
H W Campbell
W A Wright
Wm A Wright
L Z Rosser
M B YToung
Joke S Davis
Wm J Hartv
J E Wilhelm
A W Smith
G S Obear
Wm A Wright
R L Foreman
R F Shedden
G C Lynch
Geo M Hope Co
Ins Commr
R J Guinn
E J Clark
Win A Wright
W Woods White
A C Harmon
Wm A Wright
H C Bagley
Wm A Wright
Chas S Northen
Wm A Wright
J M Skinner
J H Pearce
Wm A Wright
Wm A Wright
J E Shepherd
Wm A Wright
Brutus J Clay
C V LeCraw
Wm A Wright
Jas A Williamson
Thos H Daniel
Insurance Commr
A W Jackson
Address
Atlanta
Atlanta
Atlanta
Atlanta
Ashburn
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Savannah
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Savannah
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Americus
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
AtlantaComptrollerGenerals Report
IE MISCELLANEOUS COMPANIES
Health Accident and General Casualty Lines
GEORGIA COMPANIES
XXIX
Name of Company
Home Office
Georgia Life Ins CoMacon Ga
NONRESIDENT COMPANIES
Name of Company
Home Office
Attorney for Service
Aetna Ac Liability Ins Co Hartford Conn
American Bonding CoBaltimore Md
American Casualty CoBeading Pa
American CreditIdemnity CoNew York City
American Life Accident Ins Co i Salisbury Mo
American National Ins CoGalveston Tex
American Surety CoNew York City
Columbia Ins CoNew York N Y
Columbian National Life Ins Co Boston Mass
Continental Casualty CoHammond Ind
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Dublin
Atlanta
J L Dickey Jr Atlanta
A C Newell Atlanta
Win A Wright Atlanta
Wm A Wright
E Haas
J B Marbury
B S Witherspoon
W W Haskell
W A Oliver
Marion M Jackson
Address
Employers Liability Assur Corp BostonMass
Equitable Surety Co
Federal Casualty Co
Federal Life Ins 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
Detroit Mich
Chicago 111
New York City
Baltimore Md
New York City
Philadelphia Pa
New York N Y
New York City
Reed Martin
J L Biley
Hartford Steam Boiler Inspec
tion and Insurance Co
Interstate Casualty Co
Lloyds Plate Glass Ins Co
London Lancashire Guar
Ace Co
London Guarantee and Accident
8 Co Lim
Loyal Protective Ins Co
Hartford Conn
Birmingham Ala
New York City
New York N Y
Wm A Wright
Wm A Wright
Eugene Oberdorfer
Leonard Haas
T I Lynch
Wm A Wright
W B Hoyt
Shepard Bryan
Maryland Casualty Co
Masonic Mutual Accident Co
Chicago 111
Boston Mass
Baltimore Md
Springfield Mass
Wm A Wright
Wm A Wright
W F Johnson
Bickerstaff Rich
ards Co
J L Biley
Wm A Wright
Aaron Haas Son
Howell
W E Jones
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlantaxxx ComptrollerGenerals Eeporx
Miscellaneous CompaniesNonResidentContd
Name of Company
Masonic Protective Assn
Mass Bonding Ins Co
Metropolitan Casualty Co
National Casualty Co
National Surety Co
New England Casualty Co
New York Plate Glass Ins Co
North American Accident Ins Co
Ocean Accident and Guarantee
Corp
Pacific Mutual Life Ins Co
Preferred Accident Insurance Co
Provident Life and Accident
Insurance Co
Reliance Life Ins Co
Ridgely Protee Assn
Royal Casualty Co
Royal Indemnity Co
Standard Accident Ins CoDetroit Mich
Home Office
Worcester Mass
Boston Mass
New York City
Attorney for Service
Detroit Mich
New York City
Boston Mass
New York City
Chicago 111
New York City
Los Angeles Cal
New York City
Chattanooga Tenn
Pittsburgh Pa
Worcester Mass
St Louis Mo
New York City
Thames Mersey Marine Ins Co New York City
Travelers Indemnity Co
Travelers Insurance Co
Hartford
Hartford
Conn
Conn
Union Marine Ins CoNew York City
United States Casualty CoNew York City
U S Fidelity and Guaranty Co Baltimore Md
U S Health Accident Ins Co Saginaw Mich
U S LloydsNew York City
D J Griffin
Eugene Dodd
Henry M North
A M Crosby
Boyd Perry
W A Wright
Wm A Wright
Shepard Bryan
Edgar Dunlap
A C Harmon
Wm A Wright
Wm A Wright
J H Pearce
R J Winter
Wm A Wright
B M Grant Co
J H G Miles
A L Fairie
H F Rasher
J A Williamson
C Y Smith
Jno H Mullin
Wm A Wright
G A Dean
A L Brooks
Address
Macon
Atlanta
Augusta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Savannah
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Savannah
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
Atlanta
The Following Companies Are Authorized to Write Fidelity
and Surety Bonds
Name of Company
Home Office
Aetna Ac Liability Ins Co Hartford Conn
American Bonding CoBaltimore Md
American Surety CoNew York N Y
Equitable Surety CoSt Louis Mo
Fidelity Deposit Co of Md Baltimore Md
Georgia Life Insurance CoMacon Ga
Name of Company
Home Office
Maryland Casualty CoBaltimore Md
Mass Bonding ins CoBoston Mass
National Surety CoNew York N Y
Royal Indemnity CoNew York N Y
U S Fidelity Guarantee Co Baltimore MdComptrollerGeneral s Report
IV ASSESSMENT FIRE COMPANIES
a Companies Authorized to Operate in Four Counties Only
XXXI
aan Mutual Fire Ins Co Savannah Ga Sunlight Insurance CoAtlanta Ga
Fire Ins CoAtlanta Ga
b Farmers Cooperative Companies
Farmers CoOperative Fire Ins CoJackson Ga
Farmers CoOperative Ins Assn of
Floyd CoKome Ga
Farmers Mutual Fire Ins CoDawson Ga
Farmers Mutual Ins Ass nOakman Ga
Farmers Protective Fire Ins Co Lithoma Ga
Free State CoOperative Fire Ins Co
Danielsville Ga
Gordon County Mutual Fire Storm
jns goCalhoun Ga
South Georgia Farmers Fire Ins
q0 Thomasville Ga
11

V ASSESSMENT LIFE INSURANCE COMPANIES
a Companies Authorized to do an Ordinary Life Business
Name of Company
Home Office
Merchants Life Ass nBurlington la
National Life AssnDes Moines Iowa
Name of Company
Home Office
North Carolina Mutual Provident
Assn Durham N C
b Companies Authorized to do an Industrial Life Health and Accident Business
merican Insurance CoSavannah Ga
Atlanta Mutual Ins AssnAtlanta Ga
Bankers Health Life Ins CoMacon Ga
Continental Aid AssnAtlanta Ga
Georgia Mutual Tnd Life Health
Ins CoAugusta Ga
Guaranty Mutual Life Health
I ns q0Savannah Ga
Industrial Life Health Ins Co Atlanta Ga
Mutual Benefit Ind Life Insurance
Ass n Savannah Ga
Pilgrim Health Life Ins CoAugusta Ga
Union Mutual Assn Atlanta Ga
c Stock Companies with 2500000 Capital Authorized to do an Industrial
Life Health and Accident Business
II S Health Life Insurance Company
Atlanta Ga
XXX11
ComptrollerGenerals Eeport
VI FRATERNAL ORDERS
a Domestic
Name
Columbian Woodmen Eminent Household of
Homes Friend The
Knights of Moses
Masons Annuity Supreme Lodge
Masonic Relief AssnM W UF A M
Woodmen Independent Order of
Home Office
Atlanta Ga
Athens Ga
Douglas Ga
Atlanta Ga
Atlanta Ga
Covingtou Ga
Attorney for Service
Insurance Commr
Insurance Commr
insurance Commr
insurance Commr
Insurance Commr
b Foreign
American Woodmen Supreme Camp of
Ben Hur Supreme Tribe of
Denver Colo
Insurance Commr
Catholic Knights of America Sup Council
Columbian Fraternal Association
Fraternal Mystic Circle Sup Ruling of
Fraternal Union of America Sup Lodge
Golden Cross United Order of
Golden Seal OTder of
Grand Fraternity The
Heptasophs Improved Order of
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
Modern Brotherhood of America
Modern Woodmen of America
National Union
Praetorians Modern Order of
Puritans Independent Order of
Royal Arcanum Supreme Council of
Southern Woodmen
United Commercial Travelers of America
Woodmens Circle Supreme Circle
Woodmen of the World Sovereign Camp
Indianapolis Ind i Insurance Commr
St Louis Mo
Washington D C
Philadelphia Penn
Denver Colo
Knoxville Tenn
New York N Y
Philadelphia Penn
Baltimore Md
New Haven Conn
St Louis Mo
Detroit Mich
ndianapolis Ind
Port Huron Mich
Mason City Iowa
Rock Island 111
Toledo Ohio
Dallas Texas
Pittsburg Pa
Boston Mass
Birmingham Ala
Columbus Ohio
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
Insurance Commr
Insurance Commr
Insurance Commr
Insurance
Insurance
Insurance
Insurance
Commr
Commr
Commr
Commr
Insurance Commr
Insurance
Insurance
Commr
CommrFIRE INSURANCE COMPANIES
UNITED STATES BRANCH OF THE AACHEN AND MUNICH EIRE
INSURANCE COMPANY OF AIXLACHAPELLE GERMANY
Joseph A Kelsey United States Manager
Principal office in United States No 80 Maiden Lane New York City
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 2525185 01
4 Kxtended at 2525185 01
IIIncome
5 Gross premiums 1769969 10
6 Deduct gross amount paid for reinsurance
fire 27345844 return premiums fire
29705174 total 570510 18
7 Total premiums otber than perpetual 1199458 92
11 Gross interest on bonds and dividends on
stocks less 193368 accrued interest on
bonds acquired during 1912 82705 82
12 Gross interest on deposits in trust com
panies and banks 3259 3o
15 Total gross interest and rents 86965 1
TT jv 10682 63
17 Home office
x 1296106 72
38 Total income p
IIIDisbursements
Gross amount paid policyholders for losses
including 9970964 occurring in pre
vious years 75004157
2 Deduct amount received for salvage fire
1366251 reinsurance fire 15408670
discount fire 64127 168390 48
H Net amount paid policyholders for losses 581651 09
21943 22
255237 40
21 20
41449 63
84069 95
6961 97
10009 47
10380 73
102 67
2234 80
4700 05
2 CompteollerGeneeals Report
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 2369694 and expenses 1775269 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Bents for companys occupancy of its own buildings
10 Advertising 226798 printing and stationery 774149
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 14 422 45
17 Inspections and surveys 1595 04
20 State taxes on premiums 20 041 11
21 Insurance department licenses and fees 859 11
22 All other licenses fees and taxes Federal corporation
tax 97055 municipal licenses and tares 418118
county taxes and fees 91326 total 6 064 99
23 Other disbursements Commercial ratings 128500
Miscellaneous items 140167 total 2 686 67
28 Home office 10305 52
38 Agents balances charged off 364 gj
41 Total disbursements 1192540 53
IVLedger Assets
4 Book value of bonds 2 280 673 08
5 Cash in companys office 139 47
6 Deposit in trust companies and banks not
on interest Uj557 10
7 Deposits in trust companies and banks on
interest 132839 45
8 Agents balances representing business
written subsequent to Oct 1 1912 19199537
9 Agents balances representing business
written prior to Oct 1 1912 1 104 36
11 Bills receivable taken for fire risks 684 03
12 Other ledger assets viz Reinsurance re
coverable on paid losses 9 758 34
16 Total ledger assets 2628751 20CoMPTROLLEllGrENEBAIiS REPORT 3
NonLedger Assets
18 Interest due and accrued on bonds 26097 17
39 Total 114606 47
30 Gross assets 2654848 37
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1912 1104 36
35 Bills receivable past due taken for ma
rine inland and fire risks 684 03
38 Book value of ledger assets over market
value H2818 08
39 Total 14606 47
41 Total admitted assets 2540241 90
VLiabilities
1 Gross losses adjusted and unpaid due
60000 not yet due 241169 3011 69
i Gross claims for losses in process of ad
justment or in suspense plus 10
00000 reserve for losses incurred prior
to Dec 31 of which no notice had been
received on that date 127064 83
3 Gross claims for losses resisted 18767 97
4 Total 14884449
5 Deduct reinsurance due or accrued 33744 55
6 Net amount of unaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 669
472 45 unearned premiums fifty per
is 334736 22
cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 152363684 un
earned premiums pro rata 821713 35
115099 94
11
18
19
20
21
26
28
CompteolleeGenebals Bepokt
Total unearned premiums as computed above 1156449 57
Salaries rents expenses bills accounts fees etc due
or accrued 6722 35
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 13600 00
Commissions brokerage and other charges due or to be
come due to agents and brokers 281 60
Return premiums 71033 reinsurance premiums 8
56541 total 9275 74
Total amount of all liabilities except capital 1301429 20
Surplus over allliabilities 1233812 70
Total liabilities 2540241 90
VIRisks and Premiums
Fire Risks Premiums Thereon
In force onthe 31 day of December 243373917 00 2418930 89
Written or renewed during the year 174637215 00 1769969 10
Total 418011132 00 4188899 99
Deduct those expired and marked off as
terminated 158241399 00 1582879 53
In force at the end of the year259769733 00 2606020 46
Deduct amount reinsured 39659589 00 412911 17
Net amount in force 220110144 00 2193109 29
Business in the State of floorsin During the Year
44167 57
18676 17
Gross risks written
Less 910960 risks cancelled and 956657 rensinisur
ance
29
30
Net risks written
Gross premiums on risks written
Less 113S520 return premiums and 1108360 prem
iums for reinsurance
Net premiums received it
Losses paid deducl ing sal age
Less losses on risks reinsured in companies authorized
in Georgia
Net losses paidit
25491 40
55508 17
2248 80
33039 37
22688 47
5628 69
17059 78ComptrollerGenerals Report 5
31 Losses incurred 30464 91
Less losses on risks reinsured in comuanies authorized in
Georgia 9594 66
Net losses incurred 20870 25
JETNA INSURANCE COMPANY OF HARTFORD CONNECTICUT
Wm B Clark President E J Sloan Secretary
ICapital Stock
1 Amount of capital paid up
in cash 5000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 20533843 34
4 Extended at 20533843 34
ITIncome
5 Gross remiums 13534220 07
6 Deduct gross amount paid for reinsurance
fire 146916026 marine and inland
97027021 return premiums fire
124577800 marine and inland 274
580 total 3959789 28
7 Total premiums other than perpetual
8 Deposit premiums written on perpetual risks gross
11 Gross interest on bonds and dividends on
stocks less 1512599 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Interest received on account old balance
Interest on old refund of N Y Bank taxes
Interest on farm notes
Interest received from Philadelphia Un
derwriters Association
16 Gross rents from companys property in
cluding 2500000 for companys occu
pancy of its own buildings
850089 65
25556 37
22 78
238 01
70 83
9 45
25300 00
5574430 79
9753 28
17 Total gross interest and rents 903437 09
5
ComptrollerGenerals Report
18 From other cources Conscience fund 62500 tax on
real estate recovered state of Connecticut 1011950
total 10744 50
24 Increase in liabilities during the year on account of re
insurance treaties 109 83
25 From agents balances previously charged off 44 29
26 Gross profit on sale or maturity of ledger assets Bonds
760701 stocks 5833967 total 65946 68
28 Total income 10564466 46
IIIDisbursements
1 Gross amount paid policyholders for losses
including 75397290 occurring in pre
vious years 6403569 94
2 Deduct amount received for salvage fire
5462726 marine and inland 45
00386 reinsurance fire 92215019
marine and inland 40205499 dis
count fire 175905 total 1425595 35
10
11
12
13
14
15
16
17
18
19
20
21
22
Net amount paid policyholders for losses 4977974 59
Expenses of adjustment and settlement of losses 57195 14
Commissions or brokerage 1856453 32
Salaries 18982052 and expenses 14242323 of special
and general agents 332243 75
Salaries fees and all other charges of officers directors
trustees and home office employees 398236 87
Bents including 2500000 for companys occupancy of
its own buildings 63993 10
Advertising 1751845 printing and stationery 91
39068 total 108909 13
Postage telegrams telephone and express 58032 74
Legal expenses 9998 84
Furniture and fixtures 19261 55
Maps including corrections 17 967 03
Underwriters Boards and Tariff Associations 81598 77
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 19646 30
Inspection and surveys 68788 24
Repairs and expenses other than taxes on real estate 3713 90
Taxes on real estate 9709 25
Stale taxes on premiums 15273474
Insurance department licenses and fees 29057 41
All other licenses fees and taxes Federal
corporation tax 10402 17CoMPTROLLERGrENERAIiS REPORT 7
Fire department taxes 3686000 city
and town licenses 1715759 total 54017 59
Tax on franchises 900 stockholders tax
14500000 total 145009 00
Fire marshal tax 751756 personal prop
erty tax 453035 total 1204791
Total 221476 67
23 Other disbursements Equipment of printing department
406324 auditing 100000 coal 127081 electric
light and gas 319258 ice 35278 janitors and
engineers supplies 212896 laundry 162294
lunch system 1419530 newspaper subscriptions etc
131430 water 27332 vault protection 68313
pensions 60000 cartage 118858 premiums on fire
and liability policies 19300 mercantile agencies 1
92900 total 34007 94
32 Paid Munich Reinsurance Co for interest on balance 19076 50
33 Deposit premiums returned 3396 60
34 Paid stockholders for interest or dividends amount de
clared during the year 80000000 800000 00
38 Agents balances charged off 2287
39 GtossIoss on sale or maturity of ledger asset viz Bonds
3425217 stocks 1712583 total 51378 00
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 550 00
41 Total disbursements 9397688 02
IVLedger Assets
1 Book value of real estate 592207 93
3 Loans secured by pledge of bonds stocks
or other collateral 100000 00
4 Book value of bonds 1357634724 and
stocks 408615610 total 17662503 34
5 Cash in campanys office 4136 84
6 Deposits in trust companies and banks not
on interest 35574 98
7 Deposits in trust companies and banks on
interest 1678394 70
8 Agents balances representing business
written subsequent to October 1 1912 1620132 42
9 Agents balances representing business
written prier to October 1 1912 7671 57

16 Total ledger assets 21700621 78IS
19
24
30
34
37
38
41
1
2
3
4
5
6
7
ComptrollerGenerals Report
NonLedger Assets
Interest due and accrued on bonds 94621 05
Interest due and accrued on collateral
loans 833 33
tal 95455 28
Market value not including interest in item 18 of
bonds and stocks over book value 1 480 373 80
Gross assets 23276450 86
Deduct Assets Not Admitted
Agents balances representing business
written prier to Oct 1 19 2 7671 57
Overdue and accrued interest on bonds in
default 40 00
Book value of ledger assets over market
value viz Real estate 217 207 93
Ttal 224919 50
Total admitted assets 23 051 53 3fl
VLiabilities
Gross losses adjusted and unpaid not yet
due 10950979
Gross claims for losses in process of ad
justment or in suspense plus 40
55641 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date 793 737 52
Gross claims for losses resisted 55 845 77
Tolal 959093 08
Deduct reinsurance due or accrued 247 949 49
Net amount of unpaid losses and claims 711 143 50
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual Are risks 4366
62073 unearned premiums fifty per
cent 21S3310 37ComptrollerGenerals Report 9
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 1006421126 un
earned premiums pro rata 5743501 71
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
79644960 unearned premiums fifty
per cent 398224 80
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 3915985
unearned premiums 100 per cent 39159 85
11 Total unearned premiums as computed above 8364196 73
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received 104750 75
18 Salaries rents expenses bills accounts fees etc due
or accrued 1000 00
19 Estimated amount hereafter 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 Co under contract 482047 79
26 Total amount of all liabilities except capital 9813138 86
27 Capital actually paid up in cash 5000000 00
28 Surplus over all liabilities 8238392 50
29 Surplus as regards palicyholders 13238392 50
30 Total liabilities 23051531 36
VTBisks and Premiums
1 In force on the 31 day of December 17059532 42
2 Written or renewed during the year 13534220 07
4 Total 30593752 49
5 Deduct those expired and marked off as terminated 12405857 01
6 In force at the end of the year 18187895 48
7 Deduct reinsurance 2321454 04
8 Net amount in force 15866441 44
9 Perpetual risks not included above 504439400 de
posit premiums on same 116389 72
10 ComptrollerGenerals Report
Business in the State of Georgia During the Year
28 Gross risks written 22180515 00
Less 2413256 risks cancelled and 420557 reinsurance
in companies authorized in Georgia 2 833 813 00
Net risks written 19346702 00
29 Gross premiums on risks written 359 919 26
Less 3155862 return premiums and 666864 premiums
for Teinsurance in companies authorized in GeoTgia 38227 26
Net premiums received 321 592 00
30 Losses paid deducting salvage 217 351 37
Less losses on risks reinsured in companies authorized in
Georgia 6978 91
Net losses paid 210372 46
31 Losses incurred 228 138 21
Less losses on risks reinsured in companies authorized
in Georgia 6978 91
Net losses incurred 221159 30
AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN
NEW YORK
W H Stevens President j q Adams Secretary
Thomas I Lynch 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 3906144 31
4 Extended at 3996J
IIIncome
5 Gross premiums 2633554 65
6 Deduct gross amount paid for reinsurance
fire 52322465 return premiums fire
41298057 total 936205 22
7 Total premiums other than perpetual 1697349 43ComptrollerGenerals Beport
11
9 Gross interest on mortgage loans less
2322 accrued interest ou mortgages
acquired during 1912 35717 21
10 Gross interest on collateral loans 16483 46
11 Gross interest on bonds and dividends on
stocks less 992278 accrued interest
on bonds acquired during 1912 111023 03
12 Gross interest on deposits in trust com
panies and banks 8961 55
13 Gross interest from all other sources
Contract sales of real estate 125 63
16 Gross rents from companys property in
eluding 250000 for companys occu
pancy of its own buildings 2500 00
17 Total gross interest and rents 174810 88
25 From agents balances previously charged off 200 00
26 Gross profit on sale or maturity of ledger assets viz
Real estate 8241 bonds 551289 stocks 1
33750 total 6932 80
27 Gross increase by adjustment in book value of ledger
assets viz bonds 3583 06
28 Total income 1882876 17
IIIDisbursements
1 Gross amount paid policyholders for losses
including 12582426 occurring in pre
vious years 1090777 81
2 Deduct amount received for salvage fire
675574 reinsurance fire 25345416
discount fire 86519 total 261075 09
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 4070578 and expenses 76340 02 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 250000 for companys occupancy of its
own buildings
10 AdveTtising 964772 printing and stationery 10
97013 total
11 Postage telegrams telephone and express
829702 72
30668 49
366202 83
3511 48
117045 80
57455 47
3540 32
20617 85
1220 7812
CoMPTROLLERG ENERAL s BePORT
12
13
14
15
16
17
18
19
20
21
22
23
34
37
38
39
40
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 expense 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 192445 municipal and county 612554 local
tax on personal property 181417 total
Other disbursements Audits and Insurance publications
218570 fuel and lights 82865 office sundries
80072 total
Paid stockholders for interest or dividends amount de
clared during the year 7500000
Decrease in liabilities during the year on account of re
insurance treaties
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Bonds 763116 stocks 957787 total
Gross decrease by adjustment in book value of ledger
assets viz Bonds
342 78
2876 29
4747 02
323S1 10
13207 66
8012 14
1149 27
617 12
35327 83
9990 81
9804 36
3815 07
75000 00
32192 60
1207 20
17209 03
694 80
41 Total disbursements G8958S 62
IVLedger Assets
35927 93
745482 00
132600 00
1 Book value of real estate
2 Mortgage on real estate
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds 180328025 and
stocks 87921193 total 2682492 18
5 Cash in companys office 4 lg3 89
7 Deposits in trust companies and banks on
interest 279354 08
8 Agents balances representing business
written subsequent to Oct 1 1912 302724 51
9 Agents balances representing business
written prior to Oct 1 1912 6667 27
16 Total ledger assets 4189431 8617
18
19
20
24
27
30
41
1
2
3
4
ComptrollerGenerals Eeport l
NonLedger Assets
Interest due 25832 and acerued 11
18031 on mortgages 11438 63
Interest due and accrued 2791398 on
bonds 27913 98
Interest due 6000 and accrued 3
82044 on collateral loans 388044
Interest accrued 457 40
Total 43690 45
Other nonledger assets viz Due for reinsurance on
paid losses 381831
Gross assets 4236940 62
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1912 6667 7
Book value of ledger assets over market
value viz Eeal estate 531474
Bonds and stocks 35341 43
Total 47323 44
Total admitted assets 4189617 18
VLiabilities
Gross losses adjusted and unpaid due
1941476 not yet due 3480274 54217 50
Gross claims for losses in process of ad
justment or in suspense plus 11
921 25 reserve losses incurred prior to
December 31 of which no notice had
been received on that date 106448 25
Gross claims for losses resisted 1909425
Total 179760 00
Deduct reinsurance due or accrued 53348 00
Net amount of unpaid losses and claims 126412 00
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
14
ComptrollerGenerals Eeport
iums on perpetual fire risks 842
73000 unearned premiums fifty per
cent 421365 00
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 266021500 un
earned premiums pro rata 1411666 45
11 Total unearned premiums as computed above 1833 031 45
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
21 Reinsurance premiums
23 All other liabilities viz Conflagration reserve
6334 01
35000 00
8834 47
200000 00
26 Total amount of all liabilities except capital 2 209 611 93
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 1 480 005 25
29 Surplus as regards poHeyholders 1 980 005 25
30 Total liabilities 4i89617 18
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December416693300 00 4109762 00
2 Written or renewed during the year 255455800 00 2633554 65
4 Total072149100 00 0743316 65
5 Deduct those expired and marked off as
terminated 236731500 00
2487160 65
6 In force at the end of the year435417600 00 4256156 00
7 Deduct reinsurance 70486700 00 753211 00
8 Net amount in force364930900 00 3502945 00
Business in the State of Georgia During the Year
28 Gross risks written 2633700 00
Less 34910000 risks cancelled and 16590000 re
insurance in companies authorized in Georgia 515 000 00
Net risks written 2118700 00
29 Gross premiums on risks written 29 318 00ComptrollebGenbkals Report 15
Less 382052 return premiums and 54370 premiums
for reinsurance iu companies authorized in Georgia 4467 22
Net premiums received 24850 78
30 Losses paid deducting salvage 6378 75
Less losses on risks reinsured in companies authorized
in Georgia 13 05
Net losses paid 6365 70
31 Losses incurred 7362 15
Less losses on risks reinsured in companies authorized
in Georgia 13 05
Net losses incurred 7349 10
THE ALLIANCE INSURANCE COMPANY OF PHILADELPHIA
Eugene L Ellison President T Houard Wright Secretary
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 2062925 63
4 Extended at 2062925 63
ITIncome
5 Gross premiums 1478300 85
6 Deduct gross amount paid for reinsurance
fire 16380938 marine and inland
4149723 return premiums fire 129
54042 marine and inland 5701016 441857 19
7 Total premiums other than perpetual 1036443 73
8 Deposit premiums written on perpetual
risks gross 2719 50
11 Gross interest on bonds and dividends on
stocks less 264407 accrued interest on
bonds acquired during 1912 68848 43
12 Gross interest on deposit in trust com
panies and banks 1973 3616 ComptbollebOeneeals Repobt
14 Branch office bank balances R
15 Deferred settlements j8
39
17 Total gross interest and rates
19 Perpetual deposit fees 70884 76
26 Gross profit on sale or maturity of ledgeassets bonds D 483 00
28 Total income
1110569 36
HIDisbursements
1 ormUt Pid Vliahm r osses 636963 02
i Deduct amount received for salvage
404755 marine and inland 16316 43
reinsurance fire 11140620 marine
and inland 17 116 13
LM 148886 30
3 Net amount paid policyholders for losses7Z7 srfi 7
6 Allo to local agencies for Glaucousagency
8 Salaries fees and all other charges of officers actors 2346
trustees and home office employees
9 Rents for companys occupancy of its own buildings fojo
11 Postage telegrams telephone and express J
12 Legal expenses 354 33
13 Furniture and fixtures 2178 82
14 Maps including corrections 254 41
15 Underwriters Boards and Tariff Associations Il l
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses essments
17 Inspections and surveys G079 33
20 State taxes on premiums 923 4S
21 Insurance department licenses and fees 14693 73
22 All other licenses fees and taxes faV V V 6133 6S
2 55fiS n federal tax
ilHl rPeMsania tax on capital stock
Jddbl8 c Municipal Licenses 9 Un 07
24 Registration of stock 234087 8212 73
33 Deposit premiums returned 50 00
PacHCdh0derr int6rVsi Vonl
clared during the year
39 Gross loss on sale or mitmitvnf 7 1 0n
matuntj ol ledger assets bonds D 335 00
41 Total disbursements
881483 22GOMPTBOLLBEG KNEUAIiS EePORT
IVLedger Assets
17
4 Book value of bonds 181246025 and stocks 175
51525 total
5 Cash in company e office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
8 Agents balances representing business written subse
quent to October 1 1912
9 Agents balances representing business written prior to
October 1 1912
10 Bills receivable taken for marine and inland risks
1987975 50
59 18
9763 80
145281 12
140226 12
4559 80
1146 25
10 Total ledger assets 2292011 77
NonLedger Assets
18 Interest accrued on bonds
28 Salvage claims
21010 38
1165 00
30 Gross assets
Deduct Assets Not Admitted

34 Agents balances representing business
written prior to October 1 1912
39 Bonds and stocks
4559 80
74393 00
40 Total
41 Total admitted assets
78952 SO
VLiabilities
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 per
petual fire risks 47396907 unearned premiums fifty
per cent
8 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks running more than one year
from date of policy 55277627 unearned premiums
pro rata
9 Gross premiums less reinsurance cash and bills received
and receivable upon all unexpired inland navigation
risks 10184953 unearned premiums fifty per cent
160100 00
236984 54
300525 01
50924 7718 ComptrollerGenerals Report
10 Gross premiums less reinsurance cash and bills received
and receivable upon all unexpired marine risks 106
29820 unearned premiums 50 and 100 per cent
11 Total unearned premiums as computed above
12 Amount reclaimablo by the insured on perpetual fire insur
ance policies being 90 per cent of the premium or de
posit received
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 td be
come due to agents and brokers
21 Reinsurance premiums
27 Capital actually paid up in cash
28 Surplus over all liabilities
750000 00
631031 30
64742 95
653177 27
14977 58
7000 00
12750 00
6198 20
29 Surplus as regards policyholders
30 Total liabilities
Business in the State of Georgia During the Year
28 Gross risks written
Less 46698800 risks cancelled and 65783700 reinsur
ance in companies authorized in Georgia
Net risks written
29 Gross premiums on risks written
Less 418136 return premiums and 852509 premiums
for reinsurance in companies authorized in Georgia
Net premiums received
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized
Georgia
1381031 30
854203 05
2143519 00
1124825 00
1018694 00
29004 88
12706 45
16298 43
5865 10
1469 65
Net losses paid j
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
4395 45
5290 73
1350 00
Net losses incurred
3940 73COMPTROLLERGrENERAL s REPORT
19
AMERICAN CENTRAL FIRE INSURANCE COMPANY OP
SAINT LOUIS MISSOURI
Edw T Campbell President B G Chapman Jr Secretary
Guy Carpenter 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 5561172 78
4 Extended at 5561172 78
IIIncome
5 Gross premiums 4730957 39
6 Deduct gross amount paid for reinsurance
fire 79501373 return premiums fire
69470231 marine and inland
10636 total 1489822 40
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 229253 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Credit bills receivable 8184 discount
on losses 122166 miscellaneous
27801 less interest on bills payable
138888 total
3241134 99
1794 00
18552 24
206687 50
914 39
192 63
17 Total gross interest and rents
18 From other sources Unclaimed dividends
j26 Gross profit on sale or maturity of ledger assets viz
Bonds
228140 76
30 00
6292 50
28 Total income
3475598 25
IIIDisbursements
1 Gross amount paid policyholders for losses
including 17447631 occurring in pre
vious years 2155168 2020
ComptbollebGenebals Bepobt
2 Deduct amount received for salvage fire
1626445 marine and inland 5
65565 reinsurance fire 44664333
total
408563 43
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
0 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 11670729 and expenses 6729568 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Bents
10 Advertising 176059 printing and stationery 39
57268 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 Federal corporation
tax 567924 municpal 342404 state and county
4074 captal tax 3554492 miscellaneous 520314
total
34 Paid stockholders for interest or dividends amount de
clared during the year
39 Gross loss on sale or maturity of ledger assets viz
Bonds 435735 stocks 1084500 total
1086604 77
23399 04
5S91S 95
103646 59
148002 97
10140675
15346 79
41333 27
27495 55
12251 62
4807 23
9587 02
331029S
5734 01
2099904
53174 45
23714 91
49892 08
240000 00
15182 35
41 Tital disbursements
3240870 37
IVLedger Assets
2 Mortgage loans on real estate
Other than first liens
31639 61
4000 00
Total
3 Loans secured by pledge of bonds stocks or other
collateral
4 Book value of bonds 330349Sll and stocks 1128
51310
35639 61
297885 62
4432011 21ComptrollerGenerals Keport
See below 25000 00
5 Cash in cmpanys office 11805 47
6 Deposit in trust companies and banks not
on interest 171783 01
7 Deposits in trust companies and banks on
interest H997
21
Total
8 Agents balances representing business written subse
quent to October 1 1912
9 Agents balances representing business written prior to
Oct 1 1912
11 Bills receivable taken for fire risks
12 Other ledger assets viz Certificate of deposit 65085
National Bank of Commerce St Louis Nov 29 1912
1000000 Draft No 69397 Nov 27 1912 National
Bank of Commerce on Fourth National Bank New
York 1500000 total
328495 60
688431 8S
13007 62
429 12
25650 85
16 Total ledger assets
NonLedger Assets
17 Interest accrued
18 Interest accrued on bonds
19 Interest accrued on collateral loans
433 70
22756 82
875 00
24 Total T
26 Market value not including interest in item 18 of
bonds and stocks over book value
24065 52
61719 09
30 Gross assets
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
Oct 1 1912
38 Book value of ledger assets over market value
13007 62
319398 46
41 Total admitted assets
5549279 19
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 275
80030 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date 3711082
3 Gross claims for losses resisted
71719 87
312911 12
14800 0022
ComptrollerGenerals Eeport
4 Total
5 Deduct reinsurance due or accrued
399430 99
107100 67
S62020 25
6 Net amuont of unpaid losses aud claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1724
04051 unearned premiums fifty per
cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 344918130 un
earned premiums pro rata 1838863 85
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
21146800 unearned premiums fifty
cent
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 9861 un
earned premiums 100 per cent 98 61
292330 32
105734 00
11 Total unearned premiums as computed above 2702 040 05
17 Dividends declared and unpaid to stockholders g67 g
18 Salaries rents expenses bills accounts fees etc due
or accrued 3 549 9
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement gg qaq qo
20 Commissions brokerage and other charges due or to be
come due to agents and brokers jq5 215 9
26 Total amount of all liabilities except capital 3139 004 06
27 Capital actually paid up in cash 2000 000 00
28 Surplus over all liabilities 410 275 13
29 Surplus as regards policyholders 2
410275 13
30 Total liabilities 5549279 19
VIRisks and Premiums
Fire Risks Premiums Thereon
In force December 31 1911507088214 00 5582075 12
Written or renewed during year 405344478 00 4719757 7TComptrollerGeneral s Report
23
Tolals 912432692 00 10301832 87
Deduct those expired and marked off as
terminated 319722321 00 4011106 15
In force at the end of the year 1912 592710371 00 6290726 72
Deduct amount reinsured 99486312 00 1117504 91
Net amount in firce December 31 1912 493224059 00 5173221 81
Business in the State of Georgia During the Year
7492982 00
28 Gross risks written
Less 153005500 risks cancelled and 129079000 re
insurance in companies authorized in Georgia 282084o 00
A 4672137 00
Net risks written u3 334 03
29 Gross premiums on risks written
Less 1859834 return premiums and 2048641 prem
iums for reinsurance in companies authorized in Ga 39084 7o
74249 28
Net premiums received 51 489 89
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
16510 6o
Georgia
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
34979 24
54687 11
16510 65
Net losses in
curred 38176 46
THE AMERICAN INSURANCE COMPANY OF NEWARK N J
Philemon L Hoadley President C W Bailey Secret
O L Pattillo Attorney for Service
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 9436395 81
4 Extended at 9436395 8124 ComptbollebGenebals Repobt
IIIncome
5 Gross premiums 5525343 SI
6 Deduct gross amount paid for reinsurance
fire 79780020 marine and inland
92022 return premiums fire 885
76087 marine and inland 680083 1691282 12
7 Total premiums other than perpetual 3934061 69
9 Gross interest on mortgage loans less 3329
accrued interest on mortgages acquired
during 1912 83483 41
11 Gross interest on bonds and dividends on
stocks less 380349 accrued interest on
bonds acuired during 1912 281427 03
12 Gross interest on deposits in trust com
panies and banks 3084 03
14 Farm bills receivable 1777 26
16 Gross rents from companys property in
cluding 1815146 for companys occu
pancy of its own buildings 26242 65
17 Total gross interest and rents 396014 38
25 From agents balances previously charged off 24 36
26 Gross profit on sale or maturity of ledger assets stocks 4993 13
28 Total income 4335093 56
IIIDisbursement s
1 Gross amount paid policyholders for losses
including 29810788 occurring in pre
vious years 2309402 21
2 Deduct amount received for
Salvage fire 1509831
tionery 3760748 total 40922 S
3 Net amount paid policyholders for losses 1878922 IS
4 Expenses of adjustment and settlement of
losses 53203 47
5 Commissions or brokerage 971156 59
7 Salaries 7014422 and expenses 45
03513 of special and general agents total 115179 35
8 Salaries fees and all oilier charges of
officers directors trustees and home
office employees 170388 51
9 Rents including 1815146 for companys
occupancy of its own buildings 18204 34ComptkollerGenekal s Eepoet
25
10 Advertising 331520 printing and sta
tionery 3760748 29545 65
11 Postage telegrams telephone and express 29545 65
12 Legal expenses 609 50
13 Furniture and fixtures 4150 12
14 Maps including corrections 7550 86
15 Underwriters Boards and Tariff Asso 24057 07
16 Fire department fire patrol and salvage
corps assessments fees taxes and expenses 31526 50
17 Inspections and surveys 27159 71
18 Eepairs and expenses other than taxes on
real estate 1882 98
19 Taxes on real estate 8013 53
20 State taxes on premiums 64921 31
21 Insurance department licenses and fees 21345 79
22 All other licenses fees and taxes
a Federal corporation tax 4145 05
b Municipal taxes and licenses 9472 33
13613 38
23 Other disbursements
24 Auditing 2916 51
25 Maintenance of office inch light and heat 9800 82
26 Collecting premium notes 4688 95
27 Commercial agency 2107 65
28 Premiums on surety bonds 583 33
29 New Jersey State Examination 834 65
30 Miscellaneous Expenses at Home and Dept
Offices 2400 31
31 Appraisal and fees mortgage loans 592 55
32 Total 23924 77
34 Paid stockholders for interest or dividends
amount declared during the year
25000000 240000 00
Paid policyholders for interest or dividends
amount declared during the year
6000 54 00
240054 00
38 Agents balances charged off 777 27
40 Gross decrease by adjustment in book value
of ledger assets viz
b Bonds 23603 51
c Stocks 4993 13
28596 64
41 Total disbursements 3775706 20
26 ComptrollerGenerals Report
IVLedger Assets
1 Book value of real estate 408000 00
2 Mortgage loans on real estate lirst liens
175774075 other than first 1757740 75
4 Book value of bonds 431050900 and
stocks 222117077 total 6531679 77
5 Cash in companys office 640 64
6 Deposits in trust companies and banks not
on interest 25000 00
7 Deposits in trvist companies and banks on
interest 296940 42
i 8 Agents balances representing business
written subsequent to Oct 1 1912 543411 56
9 Agents balances representing business
written prior to Oct 1 1912 1471 45
11 Bills receivable taken for fire risks 370898 58
16 Total ledger assets 9995783 17
NonLedger Assets
17 Interest due 263525 and accrued 21
34701 on mortgages 23982 26
18 Interest accrued 6090851 on bonds 60908 51
23 Rents due 3445 on companys property
or lease 34 45
24 Total 84925 22
30 Gross assets 10080708 39
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 1471 45
35 Bills receivable past due taken for marine
inland and fire risks 44550 93
39 Market value of stocks and bonds below
book value 168511 44
214533 82
41 Total admitted assets 9866174 57
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspense plus 2000000 re
serve for losses incurred prior toCOMPTROLLERGENERAIiS REPORT
27
December 31 of which no notice had
been received on that date 454082 69
3 Gross claims for losses resisted 29450 00
4 Total 483532 69
5 Deduct reinsurance due or accrued 89083 40
6 Net amount of unpaid losses and claims 394449 29
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 161641220 un
earned premiums fifty per cent 808206 10
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 745471932 unearned
premiums pro rata 3954506 75
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
3522877 unearned premiums fifty
per cent 17614 38
11 Total unearned premiums as computed above 4780327 23
17 Dividends declared and unpaid to stock
holders 7000000 to policyholders
11100 total 70111 00
18 Salaries rents expenses bills accounts
fees etc due or accrued 2500 00
19 Estimated amount hereafter payable for
federal state and other taxes based upon
the business of the year of this statement 40000 00
20 Commissions brokerage and other charges
due or to become due to agents and
brokers 143684 53
26 Total amount of all liabilities except capital 5431072 05
26 Special reserve fund see Chapter 25 and
Laws of 1908 of N J 300000 00
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 3135102 52
29 Surplus as regards policyhblders 4135102 52
30 Total liabilities 9866174 5728 ComptrollerGeneral s Report
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 5 under this heading in last
years statement 954316625 9868825 03
2 Written or renewed during the year pel
income No 5 557073166 5537171 71
4 Total 1511389791 15494168 84
5 Deduct those expired and marked off as
terminated 486908582 5212698 44
6 In force at the end of the year 1024481209 10281470 40
7 Deduct reinsurance 113743504 1175110 11
8 Net amount in force 910737705 9106360 29
Business in the State of Georgia During the Year
28 Gross nisks written 3780641 00
Less 819622 risks cancelled and 85628700 reinsurance
in companies authorized in Georgia 1675909 00
Net risks written 2104732 00
29 Gross premiums on rislcs written 47077 08
Less 539847 return premiums and 935499 premiums
for reinsurance in companies authorized in Georgia 14753 46
Net premiums received 32323 62
30 Losses paid deducting salvage 13734 59
Less losses on risks reinsured in companies authorized in
Georgia 6550 34
Net losses paid 7184 25
31 Losses incurred 14799 27
Less losses on risks reinsured in companies authorized in
Georgia 6711 37
Net losses incurred 8087 90
THE AMERICAN DRUGGISTS FIRE INSURANCE COMPANY OF
CINCINNATI OHIO
Chas II Avery President Frank II Freericks Secretary
Ben S Persons Mac on la Attorney for Service in GeorgiaComptrollerGenerals Report
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 319635 49
29
4 Extended at 319635 49
IIIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 642831 return premiums fire
313228 total
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 11224 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
103024 09
956059
12106 68
319 85
17 Total gross interest and rents it
18 From other sources Stock transfer fees
24 Increase in liabilities during the year on account of re
insurance treaties
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
9346350
12426 53
11 50
4 12
49 90
28 Total income
105955 55
IITDisbursements
1 Gross amount paid policyholders for losses
including 150000 occurring in pre
vious years
2 Deduct amount received for salvage fire
41830 15
802 72
3 Net amount paid policyholders for losses 41027 43
4 Expenses of adjustment and settlement of losses 1236 34
5 Commissions or brokerage 11365 06
7 Salaries 70667 and expenses 80823 of special and
general agents 1511 90
8 Salaries fees and all other charges of officers directors
trustees and home office employees 10657 70
9 Bents 480 00
10 Advertising 263335 printing and stationery 101378 3647 13
1154 27
25 00
204 20
302 50
2224 94
1622 05
615 32
911 7
18000 00
1023 61
96012 78
30 ComptrollerGenerals Report
11 Postage telegrams telephone and express
12 Legal expenses
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 Federal corporation
tax 26985 Vt license 4000 Tenn tax on cap
3000 Cal corp tax 5000 pers prop tax 5131
city license tax Los Angeles Cal 4000 Topeka Kas
5000 Greenwood S C 500 Macon Ga 7500
city tax on premiums Covington Ky 41 Ga bond
deposit fee 375 total
23 Other disbursements General expenses
34 Paid stockholders for interest or dividends amount de
clared during the year
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 95668 stocks 6693 total
41 Total disbursements
IVLedger Assets
4 Book value of bonds 300848 73
5 Cash in companys office 677 13
7 Deposits in trust companies and banks on
interest 13807 59
8 Agents balances representing business
written subsequent to Oct 1 1912 13638 32
12 Other ledger assets viz Offce furniture
and fixtures 602 37
Claim against reinsurance company for
paid fire loss 412
16 Total ledger assets
NonLedger Assets
18 Interest accrued on bonds 1544 75
21 On special deposit 62 50
22 On current acct at Western German Bank 7 28
24 Total
30 Gross assets 334192 79
329578 26
4614 5ComptrollerGeneral s Repobs
Deduct Assets Not Admitted
33 Furniture fixtures aud safes
39 Book value of bonds over market value
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid 1350 00
2 Gross claims for losses in process of ad
justment or in suspense plus 159212
reserve for losses incurred prior to
December 31 of which no notice had
been received on that date 7714 51
4 Total 9064 51
5 Deduct reinsurance due or accrued 2029 43
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 9182264
unearned premiums fifty per cent 45911 32
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 466653 unearned
premiums pro rata 2550 65
11 Total unearned premiums as computed above
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 be
come due to agents and brokers
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 73396 66
29 Surplus as regards policyholders
30 Total liabilities
31
602 37
461 60
333128 82
7035 0
48461 97
633 48
1926 52
1675 11
59732 16
273396 66
333128 8232 ComptrollerGenerals Repoet
VI Bisks and Premiums
Fire Risks Premiums Thereou
1 In force on the ol day of December as
per line 5 under this heading in hist
years statement 7933906 00 83307 79
2 Written or renewed during the year 10OS9350 00 103024 09
4 Total 8023316 00 86391 88
5 Deduct those expired and marked off as
terminated 8038201 00 83633 26
6 In force at the end of the year 9985115 00 102758 62
7 Deduct reinsurance schedule required 551688 00 6269 45
8 Net amount in force 9433427 00 96489 17
Business in the State of Georgia During the Year
28 Gross risks written 61050 00
Less 400000 risks cancelled 4000 00
Net risks written 57050 00
29 Gross premiums on risks written 892 86
Less 4875 return premiums 48 75
Net premiums received 844 11
THE AMERICAN HOME FIRE INSURANCE COMPANY OF
GREENVILLE SOUTH CAROLINA
Chas I1 Hard President Oeo II Hart Secretary
A L Waldo 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 306679 94
4 Extended at 306070 91
IIIncome
5 Gross premiums 189339 59
C Deduct gross amount paid fur reinsuranceComptrollerGtexerals Report
Are 3581238 return premiums iiro
4077180 total 76584 24
7 Total premiums other than perpetual
9 Gross interest on mortgage loans 14843 85
10 Gross interest on collateral loans 120 58
11 Gross interest on bonds and dividends on
stocks 1720 00
12 Gross interest on deposits in trust com
panies and banks 280 82
13 Gross interest from all other sources
Deferred payments on interest 6 49
16 Gross rents from companys property 1090 42
17 Total gross interest and rents
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Real estate
29 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses
including 406463 occurring in pre
vious years 80778 76
2 Deduct amount received for salvage fire
27025 reinsurance fire 1706615 17336 40
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses less re
insurance
5 Commissions or brokerage less reinsurance
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 360000 and expenses 323161 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Bents
10 Advertising 155924 printing and stationery 89309
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters Boards and Tariff Associations
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
33
112755 35
18062 16
27 62
15000 00
145845 13
63442 36
1187 14
21082 18
40 71
6831 61
10841 25
350 00
2452 33
1105 69
312 51
275 93
154 80
189 96
2930 03
103 8034
COMPTBOLLEBG ENEBAL s BePOBT
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes City taxes and licenses
23 Other disbursements Miscellaneous office expenses 1
90665 traveling 41232 freight and drayage
6148 commercial reports 28500 interest on bor
rowed money 14489 exchange 3392 total
34 Paid stockholders for interest on dividends
41 Total disbursements
515 72
1117 01
4929 73
6000 00
126707 02
IVLedger Assets
2 Mortgage loans on real estate
4 Book value of bonds
5 Cash in companys office
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to October 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
252826 40
31617 91
2155 59
5384 51
1986 95
29961 36
1885 33
16 Total ledger assets 325 13 q5
NonLedger AsiMs
17 Interest due
18 Interest due
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
Oct 1 1912
6975 28
308 33
1885 33
41 Total admitted assets 331 216 33
VLiabilities
1 flross losses adjusted and unpaid 5657 97
2 Gross claims for losses in process of ad
justment or in suspense 15 417 64
4 Total 21075 61
5 Deduct reinsurance due or accrued 8 023 32ComptrollerGenerals Report
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy
DO
13052 29
33986 73
54861 30
11
18
21
26
27
28
Total unearned premiums as computed above
Salaries rents expenses bills accounts fees etc due
or accrued
Reinsurance premiums
88848 03
275 00
8520 22
Total amount of all liabilities except capital 110695 54
Capital actually paid up in cash 200000 00
Surplus over all liabilities 20520 79
29 Surplus as regards policyholders
30
220520 79
331216 33
Total liabilities
VIBisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement t
Written or renewed during the year
163514 93 8761054 00
189339 59 10443451 00
19204505 00
Total 352854 52
Deduct those expired and marked off as
terminated 142746 35 7978846 00
In force at the end of the year 210108 17 11225659 00
Deduct reinsurance schedule required 53521 49 3165228 00
28
Net amount in force 156586 68 8060431 00
Business in the State of Georgia During the Year
Gross risks written 1114938 00
Less 21271100 risks cancelled and 25262300 re
insurance in companies authorized in Georgia 165334 00
Net risks written
649604 00
THE GENERAL LIBRARY
THE UNIVERSITY OF GEORGIA
ATHENS GEORGIA36 ComptrollerGenerals Kepokt
29 Gross premiums on risks written 90 993 79
Less 275285 return premiums and 510720 premiums
for reinsurance in companies authorized in Georgia 7860 05
Net premiums received lg ig3
30 Losses paid deducting salvage 793 g2
Less losses on risks reinsured in companies authorized
mGergia 2044 01
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
GeTgia 304401
Net losses incurred
AMERICAN UNION FIRE INSURANCE COMPANY OF
PHILADELPHIA PA
Jas F Stone President
E G Oellers Jr Secretary
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 1113675 rs
4 Extended at
1113075 58
IIIncome
5 Gross premiums 2 14 404 01
6 Deduct gross amount paid for reinsurance
Are 71837846 return premiums fire
37738442 total 1095762 88
7 Total premiums other than perpetual 028 701 13
9 Gross interest on mortgage loans 10 578 06
11 Gross interest on bonds and dividends on
stocks less 43987 accrued interest on
bonds acquired during 1912
12 Cross interest on deposits in trust 1
panies and banks
13 Cross interest from all other sources
Philadelphia Underwriters Assn 3 J5
19654 72
3238 06ComptrollerGenerals Report
37
16 Gross rents from companys property in
cluding companys occupancy of its own
buildings 1605 64
17 Total gross interest and rents 35079 63
18 From other sources Surplus paid in 10610 00
26 Gross profit on sale or maturity of ledger assets viz
Bonds 133 80
28 Total income 1074524 56
IIIDisbursements
1 Gross amount paid policyholders for losses
including 3455152 occurring in pre
vious years 815403 25
2 Deduct amount received for salvage fire
340554 reinsurance fire 23738189
discount fire 112340 total 241910 83
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 742500 and expenses 47349 92 of special and
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 607984 printing and stationery 789016
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax on capital
33 OtheT disbursements Traveling expenses of officers 1
85312 incidental office expenses 304404 exchange
27119 contingent commissions 40001 Monongahela
Insurance Co 250000 mortgage expenses 1
97600 commissions on sale of securities 2195 total
573492 42
15905 07
240963 83
54774 92
42473 55
2461 53
13970 00
8011 84
2546 59
539 70
1886 26
5074 26
2205 41
1896 14
496 38
497 57
6435 22
9184 10
2705 00
10066 3138 ComptrollerGenerals Keport
39 Gross loss on sale or maturity of ledger assets viz
St0Cks 3870 00
41 Total disbursements 999456 10
IVLedger Assets
1 Book value of real estate 24 000 00
2 Mortgage leans on real estate first liens
7615000 other than first 750000
total 83650 00
4 Book value of bonds 434 Q65 17
5 Cash in companys office 5go47 14
6 Deposits in trust companies and banks not
in interest 86n 89
7 Deposits in trust companies and banks on
interest 206462 99
8 Agents balances representing business
written subsequent to Oct 1 1912 341699 81
9 Agents balances representing business
written prior to Oct 1 1912 699 61
12 Other ledger assets viz Premium notes 347 43
14 Philadelphia Fire Underwriters 100 00
16 Total ledger assets ljll8744 04
NonLedger Assets
17 Interest accrued on mortgages 2 028 40
18 Interest accrued on bonds 7 177 go
22 Trust funds 01g 00
fMtal 1022109
27 Other nonledger assets 14 760 21
30 Gross assets 2 213 79 34
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 399 i
38 Book value of ledger assets over market
value 4807 67
39 Premium notes 347 43
40 Carnegie Trnsl Co g i7o ls
Total 11226 80
41 Total admitted assets 1202498 45ComptrollerGenerals Report
VLiabilities
39
1 Gross losses adjusted and unpaid 59448 32
2 Gross claims for losses in process of ad
justment or in suspense plus 330000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 68343 84
3 Gross claims for losses resisted 7987 50
4 Total 135779 66
5 Deduct reinsuran due or accrued 55482 11
6 Net amount of unpaid losses and claims 80297 55
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 63913447
unearned premiums fifty per cent 319567 24
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 36586718 un
earned premiums pro rata 228141 70
11 Total unearned premiums as computed above 547708 94
18 Salaries rents expenses bills accounts fees etc due
or accrued 12 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 7000 00
26 Total amount of all liabilities except capital 635126 49
27 Capital actually paid up in cash 500000 00
28 Surplus over all labilities 67371 96
29 Surplus as regards policyholders 567371 96
30 Total liabilities 1202498 45
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 77187284 00 996890 74
2 Written or renewed during the year 175991856 00 2124464 0140
ComptrollerGenerals Report
4 Total
5 Deduct those expired and marked off as
terminated 91581894 00
253179140 00 3121354 75
1277334 30
6 In force at the end of the year161597246 00 1844020 45
7 Deduct xeinsurance schedule required 55988927 00 839018 80
8 Net amount in force105608319 00 1005001 65
Business in the State of Georgia During the Year
2772967 00
814425 00
28 Gross risks written
Less 51423800 risks cancelled and 30018700
insurance in companies authorized in Georgia
Net risks written 1958542 00
29 Gross premiums on risks written 52 667 96
Less 957616 return premiums and 280110 premiums
for reinsurance in companies authorized in Georgia 12 337 32
Net premiums received
30 Losses paid deducting salvage
Less losses on risks in companies authorized in Georgia
40330 64
22318 73
7634 27
Net losses paid j
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
14684 4i
22393 78
8492 24
Net losses incurred
13901 5 1
ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA
Joel Hurt President Charles A Bickerstaff Secretary
Chas A Bickerstaff Attorney for Service
ICapital Stock
1 Amount of capital paid up in cash 200000 00
2 Amount of ledger assets as per balance December 31 of
previousyear 572429 42
4Extendedat 5724ComptrollerGenerals Report
41
IIIncome
5 Gross premiums 155742 58
6 Deduct gross amount paid for reinsurance fire 7755134
return premiums fire 3714408 total 114695 42
7 Total premiums other than perpetual 41047 16
9 Gross interest on mortgage loans 2360 00
10 Gross interest on collateral loans 920 00
11 Gross interest on bonds and dividends on stocks 24584 59
12 Gross interest on deposits in trust companies and banks 4 86
14 Dawson Ga old office 6 76
15 Geo F Hurt ree 6 39
17 Total gross interest and rents 27882 60
25 From agents balances previously charged off 21 62
27 Gross increase by adjustment in book value of ledger
assets viz
b Bonds 90 00
c Stocks 14931 25
28 Total income 83972 63
IIIDisbursements
1 Gross amount paid policyholders for losses including 17
80924 occurring in previous years 126557 10
2 Deduct amount received for salvage fire 36193 reinsur
ance fire 3474700 total 35108 93
3 Net amount paid policyholders for losses 91448 17
4 Expenses of adjustment and settlement of losses 1718 43
5 Commissions or brokerage 148 35
7 Salaries 305500 and expenses 193041 of special and gen
eral agents 4985 41
8 Salaries fees and all other charges of officers directors
trustees and home office employees 11 657 96
9 Rents for companys occupancy of its own buildings 1666 10
10 Advertising 121299 printing and stationery 69704 1910 03
11 Postage telegrams telephone and express 1 028 65
12 Legal expenses 12 50
13 Furniture and fixtures 291 00
14 Maps including corrections 486 95
15 Underwriters Boards and Tariff Association 2389 31
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 342 02
20 State taxes on premiums 1538 91
21 Insurance department licenses and fees 69 OQ42 ComptrollerGenerals Report
22 All other licenses fees and taxes
a Federal corporation tax 609 73
b City license and fees 3090 52
c State and County tax 1098 4
23 Other disbursements
24 General expenses 2426 27
25 Exchange 107 26
26 Interest on borrowed money 1041 08
34 Paid stockholders for interest or dividends amount de
clared during the year 14000 00
38 Agents balances charged off 17 87
40 Gross decrease by adjustment in book value of ledger
assets viz
b Bonds 5543 75
c Stocks 1250 00
41 Total disbursements 148581 41
IVLedger Assets
2 Mortgage loans on real estate first liens 31000 00
4 Book value of bonds 16850000 and stocks 27368000 442180 00
5 Cash in companys office 3600 43
6 Deposits in trust companies and banks not on interest 93 45
7 Deposits in trust companies and banks on interest 4192 36
8 Agents balances representing business written subse
quent to October 1 1912 21965 36
9 Agents balances representing business written prior to
Oct 1 1912 4789 04
16 Total ledger assets 507820 64
NonLedger Assets
17 Interest on mortgages 5833 00
IS Interest accrued 48167 on bonds Mass Bonds sold De
cember 31 1912 Interest collected January 2 1913
17500 G56 67
21 Stocks accrued dividends 3815 00
4
30 Gross assets 512350 64
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
October 1 1912 4789 04
38 Book value of ledger assets over market value viz 27830 00
41 Total admitted assets 479731 60CoMPTROLLEBGrENEBALs REPORT
43
VLiabilities
Gross claims for losses in process or in suspense 3427 00
Gross claims for losses resisted 3000 00
4 Total
5 Deduct reinsurance due or accrued
6 Net amount of unpaid losses and claims
7 Jross premiums less reinsurance received and receivable
upon all unexpired fire risks running one year or less
from date of policy including interest premiums on per
petual fire risks 4713503 unearned premiums fifty
per cent
8 Gross premiums less reinsurance received and receivable
upon all unexpired fire risks running more than one year
from date of policy 8189622 unearned premiums
pro rata
11
18
19
21
26
27
28
29
30
Total unearned premiums as computed above
Salaries rents expenses bills accounts fees etc duet or
accrued
Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statment
Return reinsurance premiums
6427 00
1044 00
5383 00
23567 51
43615 17
67182 63
1659 92
702 52
1033 73
Total amount of all liabilities except capital 75961 80
Capital actually paid up in cash 200000 00
Surplus over all liabilities 203769 80
Surplus as regards polieyholders 403769 80
Total liabilities 479731 60
VIRisks and Premiums
Fire Risks Premium Thereon
In force on the 31st day of December as
per line 5 under this heading in last
years statement 18690370 00 271839 95
Written or renewed during the year per
income No 5 11134930 00 155742 58
Total 29825300 00 427582 53
Deduct those expired and marked off as
terminated 15677805 00 224142 54
In force at the end of the year 14147495 00
Deduct reinsurance 7400266 00
203439 99
74408 77
8 Net amount in force 6747229 00 129031 2244 ComptrollerGenerals Report
Business in the State of Georgia During the fear
28 Uross risks written 62127 il 00
Less 105695400 risks cancelled and 146885300 rein
surance in companies authorized in Georgia 2525807 00
Net risks written 3686954 00
29 Gross premiums on risks written 1014j4 55
Less 1258847 return premiums and 2173121 premiums
for reinsurance in companies authorized in Georgia 34319 68
Net premiums received 67144 87
30 Losses paid deducting salvage 86050 61
Less losses on risks reinsured in companies authorized in
Georgia 31849 65
Net losses paid 54200 96
31 Losses incurred 76 961 61
Less losses on risks reinsured in companies authorized in
Georgia 31849 65
Net losses incurred 45 111 96
ATLANTIC NATIONAL FIRE INSURANCE COMPANY OF MACON GA
Geo Dale Wadley President John J McKay Secretary
Home Office 561 Mulberry St Maeon Ga
Atlantic National Fire Insurance Co 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 348573 59
4 Extended at 348573 5
IIIncome
5 Gross premiums 151464 OS
6 Deduct gross amount paid for reinsurance
fire 3084766 return premiums fire
2451328 total 55360 94
7 Total premiums other than perpetual 96103 14ComptrollerGeneral s Report
45

10
1 I
12
13
16
17
18
27
28
Gross interest on mortgage loans
Gross interest on collateral loans
Gross interest mi bonds iml dividends on
stocks
Gross interest on deposits in trust com
panies and banks
Gross interest from all other sources
Dividends on stocks
Gross rents from companys property in
cluding nothing for companys occu
pancy of its own buildings
5159 96
436 10
6701 87
49 73
2482 00
264 45
Total gross interest and rents 15 094 20
From other sources Cancellation of fire insurance policy
on companys buildings 62 17
Gross increase by adjustment in book value of ledger
assets viz Real estate 250000 bonds 34275
stocks 125500 total 4097 75
Total income
IIIDisbursements
115357 26
Gross amount paid policyholders for losses
including 859765 occurring in pre
vious years 75651 33
Deduct amount received for salvage fire
143650 reinsurance fire 1567571
total 17112 21
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 459446 and expenses 4284666 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home o ce employees
9 Rents including nothing for Companys occupancy of its
own buildings
10 Advertising 180435 printing and stationery 65280
11 Postage telegrams telephone and express
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
19 Taxes on real estate
20 State taxes on premiums
58539 12
976 29
15792 54
8879 12
11100 79
600 00
2457 15
1143 96
327 63
423 40
2644 75
34 75
153 M
750 86
46 ComptrollerGenerals Report
21 Insurance department licenses and fees
22 All other licenses fees and taxes Municipal 233055
taxes on investments 142383 total
23 Other disbursements Exchange 21409 lights fuel
janitor office supplies subscriptions mere and fire
protection agencies and misc office expenses 198268
39 Gross loss on sale or maturity of ledger assets viz
Bonds
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
IVLedger Assets
1 Book value of real estate 18077 00
2 Mortgage loans on real estate 68600 00
3 Loans secured by pledge of bonds stocks
or other collateral p goo qo
4 Book value of bonds 14348155 and
stocks 7716000 total 220641 55
5 Cash in companys office 500 00
6 Deposits in trust companies and banks not
on interest 8j63g 23
8 Agents balances representing business
written subsequent to Oct 1 19J2 26784 64
9 Agents balances representing business
written prior to October 1 1912 JOS 00
16 Total ledger assets
NonLedger Assets
17 Interest accrued on mortgages
18 Interest accrued on bonds
19 Interest accrued on collateral loans
30 Gross assets
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
October 1 1912
41 Total admitted assets
1020 37
3754 3S
2196 77
37 20
251 90
111084 43
352846 12
1203 50
486 39
214 93
354751 21
10S 00
354643 24ComptrollerGenerals Report
VLiabilities
47
2 Gross claims for losses in process of ad
justment or in suspense
5 Deduct reinsurance due or accrued
4979 26
519 00
6 Net amount of unpaid losses and claims
4460 26
11 Total unearned premiums as computed above 83136 98
18 Salaries rents expenses bills accounts fees etc due
or accrued
377 77
26 Total amount of all liabilities except capital 87975 01
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 66668 23
29 Surplus as regards policyholders 266668 23
30 Total liabilities 354643 24
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 683014700 127608 76
2 Written or renewed during the year 9294932 00
151464 08
4 Total 16125079 00 279132 84
5 Deduct those expired and marked off as
terminated 5897010 00 93050 25
6 In force at the end of the year 10228069 00 186082 59
7 Deduct amount reinsured schedule re
quired 1914005 00 30847 66
8 Net amount in force 8314064 00 155234 93
Business in the Stale of Georgia During the Year
28 Gross risks written 6500886 00
Less 121870000 risks cancelled and 167627800 re
insurance in companies authorized in GeoTgia 2894978 00
Net risks written 3605908 00
29 Gross premiums on risks written 107138 18
Less 1635275 return premiums and 2627385 prem
iums for reinsurance in companies authorized in
Georgia 42626 6048 ComptrollerGenerals Report
Net premiums received 64 gjj 53
30 Losses paid deducting salvage 49 324 26
Less losses on risks reinsured in companies authorized
in Georgia u222 GU
Net losses paid 38jl01 66
31 Losses incurred 45 295 54
Less losses on risks reinsured in companies authorized
in Georgia 10127 38
Net losses incurred 35098 16
ATLAS ASSURANCE CO LTD OF LONDON ENGLAND
Frank Lock United States Manager
Office of United States Manager 100 William Street New York N Y
Cliff C Hatcher Attorney for Service in Georgia
IDeposit Capital
1 In the custody of state officials for the
benefit of all the policyholders of the
company in the United States as fol
lows New York 200000 00
0hio 100000 00
5 Amount of ledger assets as per balance December 31
of previous year 2G85674 62
IIIncome
6 Gross premiums 25S909S 03
7 Deduct gross amount paid for reinsurance
fire 45694836 return premiums fire
41683780 total 873786 1i
8 Total premiums other than perpetual 7jrii S7
12 Gross interest on bonds and dividends on
stocks less 412089 accrued interest
on bonds acquired during 1912 82621
13 Gross interest on deposit in trust com
panies and banks 1 siii 25
17 Gross rents from companys property in
cluding 70000 for companys occu
pancy of its own buildings 3 748 8jComptrollerGenerals Reports
49
18 Total 88236 39
19 Received from home office 243078 47
30 Total income 2047226 73
IIIDisbursements
1 Gross amount paid policyholders for losses
including 13507383 occurring in pre
vious years 1065254 73
2 Deduct amount received for salvage fire
1078845 reinsurance fire 213
21038 discount fire 75376 total 224752 59
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 4171697 and expenses 4092138 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 70000 for companys occupancy of its
own buildings
10 Advertising 678820 printing and stationery 872158
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax 56330 municipal licenses and taxes 1117308
23 Other disbursements Auditors fees 309992 classifica
tion 60000 R G Dunn Co and Bradstreet 2
02150 donations 8500 directories 1700 extra
stenography 12945 entertaining agents 30910
extra night work 229295 horse and buggy Kan
Frisco dep 42000 moving office Chic 61105
office supplies 67948 storage of office records
12000 telephone service 16200 special reports rate
840502 14
27133 47
318562 92
4779 52
82638 35
111721 93
17387 76
15509 78
14266 96
75 04
2033 94
5700 10
23755 37
7843 20
10771 48
2808 54
737 88
25359 98
11755 61
1 1736 3850 CompteollbbGenebals Report
book corrections field books 68990 sundries
32879 total lljfi66 u
34 Remitted to home office 144 304 33
36 Agents balances charged off 41 70
37 Gross loss on sale or maturity of ledger assets viz
Bonds 45240 stocks 380800 total 4260 40
39 Total disbursements i695754 02
IVLedger Assets
1 Book value of real estate 83 87S 81
4 Book value of bonds 214543591 and
stocks 28798750 total 2433423 41
5 Cash in companys office 3 030 86
7 Deposit in trust companies and banks on
interest 175608 53
8 Agents balances representing business
written subsequent to Oct 1 1912 330287 02
9 Agents balances representing business
written prior to October 1 1912 10918 70
16 Total ledger assets 3037147 33
NonLedger Assets
18 Interest accrued on bonds 25934 14
23 Bents accrued on companys property or
lease 291 83
204al37173 26225 97
7 Due from other companies for reinsurance on losses paid 4809 67
30 Gross assets 3068182 97
Deduct Assets Not Admitted
31 Cash not in control of trustees 58 639 39
34 Agents balances representing business
written prior to Oct 1 1912 10918 70
38 Book value of ledger assets over market
value viz bonds and stocks 206678 41
39 Real estate 23 878 SI
40Tolal737777 3001153
41 Total admitted nssels 37773ComptrollerGeneral s Report
51
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense plus 725488
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
1815
13237o 27
23073 97
4 Total 157261 99
5 Deduct reinsurance due or accrued 27309 68
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1080
75662 unearned premiums fifty per
per cent 540378 31
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 189569281 un
earned premiums pro rata 1027254 58
129952 31
11 Total unearned premiums as computed above
16 Salaries rents expenses bills accounts fees etc due
or accrued estimated
17 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
18 Commissions brokerage and other charges due or to be
come due to agents and brokers estimated
19 Reinsurance premiuns
1567632 89
5000 00
30000 00
14886 45
29882 99
24 Total amount of all liabilities except deposit capital
25 Deposit capital 300000 00
26 Surplus over all liabilities 690713 02
27 Surplus as regards policyholders
28 Total liabilities
1777354 64
990713 02
2768007 6652
ComptrollerGeneral s Report
VI Bisks and Premiums
Fire risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 316563672 00 3340572 56
2 Written or renewed during year 246170270 00 2589698 03
3 Kxcess of original premiums over amount
received for reinsurance j18 54
4 Total 562733942 00 5930789 13
5 Deduct those expired and marked off as
terminated 220 724 667 00
2349374 90
6 In force at the end of the year342009275 00 3581414 23
7 Deduct amount reinsured schedule re
quired 61950997 Of 604964 80
61950997 00
8 Net amount in force280058278 00 2976449 43
Business in the State of Georgia During the Year
13 Gross risks written 5000031 00
Less 100715400 risks cancelled and 19391800 re
insurance in companies authorized in Georgia 1201072 00
Net risks written 3798939 00
14 Gross premiums on risks written 68 653 40
Bess 1119737 return premiums and 34444 premiums
for reinsurance in companies authorized in Georgia 11541 81
Net premiums received 57 111 59
15 Losses paid deducting salvage 25256 85
Less losses on risks reinsured in companies authorized
in Georgia
49 40
Net losses paid
16 Losses incurred
Less losses on risks reinsured in companies authorized
in Georgia
25207 45
24311 85
58 40
Net losses incurred
24253 45ComptrollerGeneral s Report
53
AUGUSTA FIRE INSURANCE COMPANY OF AUGUSTA GEORGIA
Home Office Johnson Building Augusta Ga
Thos Barrett Jr President
ICapital Stock
1 Amount of capital paid up
in cash 124500 00
2 Amount of ledger assets as per balance
December 31 of previous year
3 Increase of paidup capital during the year
3 Increase of paidup surplus during year
Chas I Mell Secretary
260413 G3
200 00
200 00
4 Extended at 260813 63
IIIncome
5 Gross premiums
G Deduct gross amount paid for reinsurance
fire 2356524 return premiums fire
2687790
141138 77
50443 20
7 Total premiums other than perpetual
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 9667 aecrued interest on
bonds acquired during 1912
14 Premium note
26 00
11001 25
4 68
17 Total gross interest and rents
26 Gross profit on sale or maturity of ledger
assets viz stocks
27 Gross increase by adjustment in book value
of ledger assets viz bonds
90695 57
11031 93
150 00
295 95
28 Total income 102173 45
IIIDisbursements
1 Gross amount paid policyholders for losses
including 10900 occuring in previous
years if
2 Deduct amount received for salvage fire
13180 reinsurance fire 2084805
total
59858 37
20979 8554 ComptbolleeGenebals Bepoet
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of
losses
5 Commissions or brokerage
7 Salaries 288000 and expenses 412100
of special and general agents
8 Salaries fees and all other charges of
officers directors trustees and home
office employees
9 Bents for companys occupancy of its own
buildings
10 Advertising 47664 printing and sta
tionery 198333
11 Postage Telegrams Telephone and Ex
press
12 Legal expenses
15 Underwriters Boards and Tariff Assos
16 Eire department fire patrol and salvage
corps assessments fees taxes and ex
penses
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
Tax on investments IgO yo
Municipal licenses and taxes 1 342 98

23 Other disbursements
24 Exchange 98 17
25 Miscellaneous account 539 70

38 Agents balances charged off
39 Gross loss on sale or maturity of ledger
assets viz
Bonds
40 Gross decrease by adjustment in book
value of ledger assets viz
Bonds
41 Total disbursements
IVLedger Assets
4 Book value of bonds 21202325 and
stocks 2411100 236134 25
5 Cash in companys office 2 319 51
38878 52
332 35
18629 00
7001 06
0744 57
770 00
2459 97
1345 56
250 00
153 52
11 23
371 60
457 50
1523 76
630 87
90 00
6 00
105 10
83760 61ComptboltkkGenekals Repobt 55
i Deposits in trust companies
and banks not on interest 16456 35
18777 89
8 Agents balances representing business
written subsequent to Oct 1 1912 19919 69
9 Agents balances representing business
written prior to October 1 1912 1164 29
11 Bills receivable taken for fire risks 12 00
12 Other ledger assets viz maps 1091 61
13 Furniture and fixtures 2128 74
16 Total ledger assets 279226 47
NonLedger Assets
18 Interest due 353500 and accrued 57667
on bonds 4111 67
21 Accrued dividend on stocks paid January
1 1913 680 00
24 Total 4791 67
26 Market value of stocks over book value 1849 00
27 Other nonledger assets viz due from
Equitable Fire Insurance Co 6 22
28 Due from Savannah Fire Insurance Co 3 48
9 70
30 Gross assets 285876 84
Deduct Assets Not Admitted
32 Maps i091 61
33 Furniture fixtures and safes 2128 74
34 Agents balances representing business
written prior to Oct 1 1912 1164 29
35 Bills receivable past due taken for marine
inland and fire risks 12 00
38 Book value of ledger assets over market
value viz
39 Bonds 5313 25
9709 89
41 Total admitted assets 276166 9556 ComptrollerGenerals Report
VLiabilities
2 Gross claims for losses in process of adjust
ment or in suspenee for losses incurred
prior to December 31 of which no notice
had been received on that date 15808 76
4 Total 4
r lo808 76
o Deduct reinsurance due or accrued 2 420 26
6 Net amount of unpaid losses and claims 13 388 50
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 5917389 unearned
premiums fifty per cent 29586 94
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 4376606 unearned pre
miums pro rata 32884 87
U Total unearned premiums as computed above 62 471 81
18 Salaries rents expenses bills accounts
fees etc due or accrued estimated 0qo 00
19 Estimated amount hereafter payable for
federal state and other taxes based upon
the business of the year of this state
ment 500 00
227 Ca0nlrrVf 1 Pital 76560 31
il Capital actually paid up in cash 124 500 00
28 Surplus over all liabilities 75106 64
29 Surplus as regards policy hoi dors 199 606 64
30 Total liabilities ZT
276106 95
VIRisks and Premiums
T Fire Risks Premiums Thereon
1 In force on the 31st day of December as
per line 6 under this heading in last
2 WrittnS Stat0me T 2883435 4977f5 63
Written or renewed during the year per
lDCOmeNo5 8861809 00 141138 77
4 Ttal 11745244 00 190914 40ComptrollerGenerals Report 57
5 Deduct those expired and marked off as
terminated 4215418 00 64507 76
6 Inforce at the end of the year 7529826 00 126406 64
7 Deduct amount reinsured 1572948 00 23466 69
8 Net amount in force 5956878 00 102939 95
Business in the State of Georgia During the Year
28 Gross risks written 7477657 00
Less 159752000 risks cancelled 1597520 00
Net risks written 5880137 00
29 Gross premiums on risks written 115622 29
Less 2277462 return premiums1 22774 62
Net premiums received 92847 67
30 Losses paid deducting salvage 44421 03
Less losses on risks reinsured 16831 04
Net losses paid in Georgia 27590 59
31 Losses incurred 50964 56
Less losses on risks reinsured 17978 52
Net losses in Georgia 32986 04
BOSTON FIRE INSURANCE COMPANY OF BOSTON MASS
Ransom B Fuller President Freeman Nickerson Secretary
Home Office 137 Milk Street Boston Massachusetts
William L Wilson Savannah Ga 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 6252899 69
4 Extended at 252899 6958
ComptrollerGenerals Report
IIIncome
Fire Marine and Inland
5 Gross premiums2509931 34 2142212 21
6 Deduct gross amount paid
for reinsurance fire
51361959 marine and
inland 20353602 re
turn premiums fire
45548622 marine and
inland 32317549 969105 81 526 711 51
7 Total premiums other than
perpetual 1540825 83 1615500 70
9 Gross interest on mortgage loans 23 361 03
10 Gross interest on collateral loans 3 146 18
11 Cross interest on bonds and dividends on
stocks 190106 76
12 Gross interest on deposits in trust com
panies and banks 5j835 39
13 Gross interest from all other sources
Phila Board Fire Und 315 Reins
Bureau 2919 Notes Rec 12500 Ma
rine Prem Notes 90194 Sub to
Canadian Pacific Ry Stock 15937 121865
16 Gross rents from companys property in
cluding companys occupancy of its own
buildings 309i 70
3156326 53
17 Total gross interest and rents
18 From other sources Profit home office agency 281792
dividends Nos 12 13 and 14 Natl Bank of Republic
in liquidation 172500 dividends Final Naumkeag
Natl Bank in liquidation 20000 notes payable
borrowed money 20000000 total
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 28125 stocks 2011392 total
28 Total income
226759 71
204742 92
439 40
20395 17
3608663 73
IIIDisbursements
Fire
Marino and Inland
1 Gross amount paid policy
holders for losses inComptrollerGenerals Report
59
eluding 33270829 oc
curring in previous
years 1254856 91
Deduct amount received for
salvage fire 648186
marine and inland 94
33758 reinsurance fire
34936253 marine and
inland 10638733 dis
count fire 63349 ma
rine and inland 78592 35647788
1060888 96
201510 S3
10
11
12
13
14
15
16
17
18
19
20
21
22
23
34
38
Net amount paid policy
holders for losses 898379 03 859378 13 1757757 16
Expenses of adjustment and settlement of losses 30634 23
Commissions or brokerage 685879 54
Allowances to local agencies for miscellaneous agency
expenses 2761 80
Salaries 3245782 and expenses 5508225 of special and
general agents 87540 07
Salaries fees and all otlier charges of officers directors
trustees and home office employees 195290 54
Eents 21116 00
Advertising 1945394 printing and stationery 7
39993 total 26853 87
Postage telegrams telephone and express 13317 23
Leial expenses 1080 53
Furniture and fixtures 1631 58
Maps including corrections 4839 79
Underwriters Boards and Tariff Associations 18370 07
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 11649 21
Inspections and surveys 8558 34
Repairs and expenses other than taxes on real estate 3135 45
Taxes on real estate 3250 80
State taxes on premiums 38886 90
Insurance department licenses and fees 9145 1
All other licenses fees and taxes Federal corporation
tax 134098 franchise tax 27219 municipal tax
344484 total 5058 01
Other disbursements miscellaneous expense 1342204
investment expenses 30200 ilnterest prepayment
marine premiums 161100 interest notes payable
borrowed money 50667 notes payable borrowed
money repaid 20000000 total 215901 71
Paid stockholders for interest or dividends amount de
clared during the year 22000000 210000 00
Agents balances charged off 5300 5360 ComptrollebGeneeals Report
39 Gross loss on sale or maturity of ledger assets viz
Eeal estate 50000 bonds 331105 stocks
59763 total 4 408 68
41 Total disbursements 3 302 367 95
IVLedger Assets
1 Book value of real estate 294000 00
2 Mortgage loans on real estate 485800 00
3 Loans secured by pledge of bonds stocks
or other collateral 27 600 00
4 Book value of bonds 92910100 and
stocks 374804645 total 4677147 45
5 Cash in companys office 4 657 80
6 Deposits in trust companies and banks not
on interest 4 12s 04
7 Deposits in trust companies and banks on
interest 400971 92
8 Agents balances representing business
written subsequent to Oct 1 1912 519615 20
9 Agents balances representing business
written prior to October 1 1912 22990 36
10 Bills receivable taken for marine and in
land risks 58349 49
11 Bills receivable taken for fire risks 2560 00
12 Deposits with lire boards 700 00
13 Notes receivable 675 21
16 Total ledger assets 0499195 47
NonLedger Assets
17 Interest due 317001 and accrued 2
44465 on mortgages 5 61 I 68
IS Interest accrued on bonds n 843 21
19 Interest due 1S00 and accrued 3967
on collateral loans 57 67
24 Total 17515 54
26 Market value not including interest in item 18 of
bonds and stocks over book value o fi7g 5r
27 Reinsurance return premiums 455 49
30 Gross assets 6728853 05ComptrollerGenerals Beport
Deduct Assets Not Admitted
61
34 Agents balances representing business
written prior to Oct 1 1912 22990 36
35 Bills receivable past due taken for ma
rine inland and fire risks 5849 58
36 Loans on personal security endorsed or
not 2000 00
38 Book value of ledger assets over market
value viz Deposit with boards 700 00
39 Notes receivable 675 21
40 Mortgage loan in excess of apprasial 1000 00
33215 15
41 Total admitted assets 6695637 90
VLiabilities
1 Gross losses adjusted and unpaid 5199 78
2 Gross claims for losses in process of ad
justment or in suspense plus 19
86366 reserve for losses incurred prior
to December 31 of which no notice had
received on that date 470240 41
3 Gross claims for losses resisted 27066 07
4 Total 502512 26
5 Deduct reinsurance due or accrued 111459 61
6 Net amount of unpaid losses and claims 391052 65
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 906
42354 unearned premiums fifty per
unearned premiums fifty per cent 453211 77
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 190288907 un
earned premiums pro rata 1047311 84
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired ocean and inland naviga
tion risks 116115432 unearned prem
iums fifty per cent 580577 1662
CompteollerCteneeals Bepoet
10
11
17
18
19
20
36
27
28
29
30
2
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 2877126
unearned premiums 100 per cent
28771 2
Total unearned premiums as computed above
Dividends declared and unpaid to stockholders
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
Commissions brokerage and other charges due or to be
come due to agents ond brokers
2109872 03
60000 00
1662 02
33011 93
49649 22
Total amount of all liabilities except capital 2645247 85
Capital actually paidup in cash 1000000 00
Surplus over all liabilities 3050390 05
Surplus as regards policyholders
Total liabilities
Business in the State of Georgia During the Year
4050390 05
Gross risks written
Less 2830000 risks cancelled
Net risks written
Gross premiums on risks written
Less 54212 return premiums
Fire Marine
72415 00
72415 00
1071 18
30
31
Net premiums received 1071 18
Losses paid deducting salvage 606 45
Losses incurred 653 21
and Inland
377001 00
28300 00
348701 00
7770 76
542 12
7228 64
4428 05
429n 05
BRITISH AMERICA ASSURANCE COMPANY OF TORONTO CANADA
W B Meikle General Manager E F Garrow Secretary
C TT Godfrey Attorney for service
TDeposit Capital
1 In the custody of state officials for the benefll of all the
policyholders of the company in the United States as
follows 210000 00
ComptrollerGenerals Eeport 63
5Amount of ledger assets as per balance December 31
of previous year 1697810 63
IIIncome
6 Gross premiums 1688555 40
7 Deduct gross amount paid for
Reinsurance fire 331200 28
Return premiums fire 262899 46
8 Total premiums other than perpetual 1094455 66
12 Gross interest on bonds and dividends on stocks less
18778 accrued interest on bonds acquired during 1912 53280 96
13 Gross interest on deposits in trust companies and banks 6085 90
15 Unlisted assets 117 27
18 Total gross interest and rents 59484 13
28 Gross profit on sale or maturity of ledger assets viz
b Bonds 70 00
30 Total income 1154009 79
IIIDisbursements
1 Gross amount paid policyholders for losses including
8133263 occurring in previous years 723633 36
2 Deduct amount for
Salvage fire 9557 01
Reinsurance fire 138314 23
Discount fire 528 29
3 JNet amount paid policyholders for losses 575233 83
4 Expenses of adjustment and settlement of losses 12307 83
5 Commissions or brokerage 269084 79
7 Salaries 2541396 and expenses 2393071 of special and
general agents total 49344 67
8 Salaries fees and all other charges of officers directors
trustees and home office emplojees 48785 41
9 Rents including 288532 for companys occupancy of its
own buildings 4589 56
10 Advertising 345190 printing and stationery 1166045
total 15112 35
11 Postage telegrams telephone and express 5953 15
12 Legal expenses 616 82
13 Furniture and fixtures 969 55
14 Maps including corrections 3527 41
15 Underwriters boards and tariff associations 14862 28
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3394 3864 ComptrollerGenerals Report
17 Inspections and surveys j Qyo t j
0 State taxes on premiums II 573 1
21 Insurance department licenses and lees 10 506 71
22 All other licenses fees and taxes Municipal 11671 31
23 Other disbursements
24 Exchange 1138 g2
25 Water and ice 114 52
34 Remitted to home office 10 534 08
39 Total disbursements 1050983 9S
IVLedger Assets
4 Book value of bonds 132202138 and stocks 50870 00
total 1382891 3S
5 Cash in branch offices 9 oqj 57
7 Deposits in trust companies and banks on interest 228 526 53
8 Agents balances representing business written subsequent
to October 1 1912 177jl94 89
9 Agents balances representing business written prior to
October 1 1912 2j956 Q7
16 Total ledger assets 1800836 44
NonLedger Assets
18 Interest accrued on bonds 21 Qgj 30
30 Gross assets 1S21j887 83
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
October 1 1912 2 956 07
39 Bonds and stocks 72307 05
41 Total admitted assets j 74e 624 71
VLiabilities
2 Gross claims for losses in process of adjustment or in sus
pense plus 2465700 reserve for losses incurred prior
to December 31 of which no notice had been received
on that date 111929 84
3 Gross claims for losses resisted 20 700 00
4 Total 132629 84
5 Deduct reinsurance due or accrued 25 028 00
ComptrollerGenerals Report
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 premiums on
perpetual fire risks 62886617 unearned premiums
fifty per cent
Gross premiums less reinsurance received and receivable
upon all unexpired fire risks running more than one year
from date of policy 114641333 unearned premiums
pro rata
65
107601 84
314433 08
602421 52
11
16
17
IS
24
25
26
27
28
Total unearned premiums as computed above 916854 60
Salaries rents expenses bills accounts fees etc due or
accrued 1000 00
Estimated amount hereafter payable for federal state and
other taxes based upon the business 6f the year of this
statement 16416 85
Commissions brokerage and other charges due orto become
due to agents and brokers 3207 60
Total amount of all liabilities except deposit capital 1045080 89
Deposit capital 210000 00
Surplus over all liabilities 491543 82
Surplus as regards policyholders 701543 82
Total liabilities 1746624 71
VIRisks and Premiums
Fire Risks Premiums Thereon
Inforce on the 31st day of December as
per line 5 under this heading in last
years statement 184367599 00 1847025 41
Writtenor renewed during the year 157156996 00 1688555 40
Excess of original premiums over amount
received for reinsurance 101303 98
Total 341524585 00 3636884 79
Deduct those expired and marked off as
terminated125219630 00 1458503 30
In force at the end of the year 216304955 00
Deduct amount reinsured 40815410 00
2178381 49
403101 99
8 Net amount in force175489545 00 1775279 50
13
Business in the State of Georgia During the Year
Gross risks written 3434880 00 CoMPTROLLERGeNBRALs llEPOKT
Less 64949100 risks cancelled ami 38559600 reinsur
ance in companies authorized in Georgia a 035 087 00
Net risks written 239a793 00
14 Gross premiums on risks written 40314 89
Less 702335 return premiums and 450724 premiums
for reinsurance in companies authorized in Georgia 11530 59
Net premiums received 8 784 30
15 Losses paid deducting salvage 13503 54
Less losses on risks reinsured in companies authorized in
0oorSia 1400 61
Net losses paid j j
13 Losses incurred 4 iooot
J 9o 1 90
Less losses on risks reinsured in companies authorized in
Ge0Tia 1147 01
Net losses incurred 11J90 20
CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH
SCOTLAND
has II Post U 8 Manager K C Christopher Asst CJ 8 Mgr
Home Office in United Slates 5052 Pino St New Fork City X Y
Boyd Perry Atlanta Ga Attorney for Service in Georgia
ICapital Slock
2 Amount of ledger asset as per balance 1
December 31 of previous yar 2132022 61
4 Extended at 2132 022 01
ITIncome
5 Gross premiums 2101709 is
0 Deduct gross amount paid for reinsurance
fire 37725094 return premiums ire
35722751 total 734478 48
7 Total premiums other than perpetual 1427290 70
II Gross interest on bonds ami dividends on
stocks less 115s0 accrued interest
on bonds acquired during 1912 55531 59
i2 dross interest on deposits in trust com
panies and banks 1937 IS
10 Gross rents from companys property inComptrollerGeneral s Report
67
eluding 405000 for companys occu
pancy of its own buildings 45316 62
17 Total gross interest and rents 102785
26 Gross profit on sale or maturity of ledger assets viz
Bonds 93000 stocks 114285 total
2072 85
29 Amount carried forward
111Disbursements
1532148 94
1 Gross amount paid policyholders for losses
including 13213407 occurring in pre
vious years
1024109 33
Deduct amount received for salvage fire
641781 reinsurance fire 181
76467 discount fire 86074 total 189043 22
9
10
11
12
13
14
15
l6
17
18
19
20
21
22
23
38
39

Xet amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissioners or brokerage
Salaries 1458944 and expenses 1944347 of special
and general agents
salaries fees and all other charges of officers directors
trustees and home office employees
Beats including 405000 for companys occupancy of its
own buildings
Advertising 117030 printing and stationery 895466
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 Federal corporation
tax 88186 county and municipal licenses and taxes
659465 total
Other disbursements Office expenses and miscellaneous
232610 remitted to home office 2357503 total
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Stocks
835066 11
42852 14
312433 87
34032 91
92522 29
9471 35
10121 96
11396 25
47 22
762 00
4792 60
17515 41
9249 62
4344 21
16817 3S
7777 50
22544 13
7921 99
7476 51
25901 13
09
202 00
41 Total disbursements
1473254 68ComptrollerGenerals Beport
VLedger Assets
1 Book value of real estate
4 Book value of bonds 86023039 and
stocks 48240228 total lj348632 67
o Lash in company g office
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to Oct 1 1912
9 Agents balances representing business
written prior to October 1 1912
12 Reinsurance due on losses paid
439510 58
632 67
346 29
5745 78
135070 83
253051 85
5257 58
3301 29
16 Total ledger assets
2190916 87
NonLedger Assets
18 Interest accrued on bonds
25 Market value of real estate over book value
30 Gross assets
Deduct Assets Not Admitted
8892 87
85489 42
2285299 16
34 Agents balances representing business written prior to
October 1 1912
39 Book value of bonds and stocks over market value
41 Total admitted assets
5257 58
72812 67
2207228 91
VLiabilities
1 Gross losses adjusted and unpaid due 17
9S894 not yet due 2849500 46484 60
2 Gross claims for losses in process of ad
justment or in suspense plus 464350
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted 22014 43
4 Total
5 Deduct reinsurance due or accrued
154093 21
31525 26
6 Net amount of unpaid losses and claims
122567 95ComptrollerGenerals Report
69
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 85016832
unearned premiums fifty per cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 183928305 un
earned premiums pro rata
425084 16
971923 80
11 Total unearned premiums as computed above
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
21 Reinsurance premiums
23 Reserve for contingencies
26 Total amount of all liabilities except capital
29 Surplus as regards policyholders
1397007 96
2000 00
25000 00
31639 43
10000 00
1588215 34
619013 57
30 Total liabilities 2207228 91
Business in the State of Georgia During the Year
28 Gross risks written 1502932 00
Less 28996500 risks cancelled and 25149200 re
insurance in companies authorized in Georgia 541457 00
Net risks written 961475 00
29 Gross premiums on risks written 21735 40
Less 325522 Teturn premiums and 325097 premiums
for reinsurance in companies authorized in Georgia
6506 19
Net premiums received 15229 21
30 Losses paid deducting salvage 17768 82
T rs losses on risks reinsured in companies authorized
in Georgia 4710 71
Net losses paid 13058 n
31 Losses incurred 13838 01
Les losses on risks reinsured in companies authorized
in Georgia 2609 21
Xet losses incu
rred 1228 8070
ComptrollerGenerals Report
CAMDEN FIRE INSURANCE ASSOCIATION
Edmund E Bead Jr President
Josepn 1 Sharp Secretary
Home office 434 Federal Street Camden N 1
Dan B Harris Attorney for service
ICapita ytock
1 Ai
loom of capita paid ii
iu cash
600000 U0
2 Amount of ledger assets as per balance
December 31st of previous year 4l5 g
paidup capital during the rear mo 00
4 Extended at
2661463 s
11Income
5 dross premiums j
llt gross amount paid for reinsurance
fire 28149577 return premiums fire
44290241 total
perpetual
7 Total premiums other than perpetual
8 Deposit premiums written on
risks gross
9 Gross interest on mortgage loans less
io accrued interest on mortgages ac
quired during 1912
in Gross interest on collateral loans
11 Gross interest on bonds ami dividends on
slocks less 220860 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies anI banks
13 Gross interest from all other sources
14 dePosi iih Ihila Underwriters Assn
Prom reinsurance bureau
16 Cross rents from companys property in
eluding 3000 for companys occupancy
of its own buildings
17 Total gross interest ami rents
18 From other sources
IS ash increase to surplus on issue of new
stock
29 Fees
72439 s S
1452062 83
191
80839 n7
2816 73
72318 40
1335 99
li 30
21 Mi
19 no
inonon on
2H oil
1 16687 35ComptrollekGknerals Report 71
J1 Brokerage 6 94
2 Borrowed on call 52000 00
152027 44
1722681 92
28 Total income p
111Disbursements
1 dross amount paid policyholders for losses
including 8085189 occurring in pre
vious years 891485 86
2 Deduct amount received for salvage fire
449557 reinsurance fire 12912388
discount fire 79074 total 134410 19
3 Net amount paid policyholders for losses
rjxpenses of adjustment andsettlement of
losses
5 ommissions or brokerage
i Allowances to local agencies for miscel
laneous1 agency expenses
7 Salaries 999996 and expenses 1084752
of special and general agents
8 Salaries fees and all other charges of
officers directors trustees and home
office employees
9 Rents including 3000 for companys
occupancy of its own buildings
10 Advertising 319668 printing and sta
tionery 1695113 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwrite boards and tariff assns
Hi Fire flepartment fire patrol and salvage
corps assessments fees taxes and
expenses
1 7 Inspections and surveys
Is Repairs and expenses other than taxes
on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
a Federal corporation tax 1187 11
b Tax on securities Cnmdon N J 1100 00
757075 67
13282 72
367781 41
4755 42
20847 48
63463 00
3000 00
20147 79
7144 97
2033 77
2397 61
6012 46
13779 73
8770 99
2901 66
590 74
751 20
15842 39
6733 62Comptrollereneral s Eeport
e City and bounty taxes 2 905 33
d Miscellaneous taxes
4do 98
23 Other disbursements 5J28 i2
24 Paid call loan 5200 interest on call loan
3734
o a 52037 34
o bubscriptions to publications 282 2Q
26 Kent of box in vault 10000 Fidelity
bonds 26615 366 1
27 Entertainment annual meeting 219 12
28 Travelling expenses of officers ami em
ployees 1 S41 54
29 Office and janitors supplies 37007 heat
ing 39200 73 0
30 Mercantile reports 48500 liohtin
56984 n
31 Insurance on furniture of office 120 05
32 Office and miscellaneous expenses 8o0 85
33 Deposit premiums returned 57f4 16
34 Paid stockholders for interest or dividends 42
amount declared during the year
60000
35 Paid stockholders for intereston amount 599 G
paid for new capital
38 Agents balances charged off tl
39 Gross loss on sale or maturity of ledger
assets viz bonds
1134 94
41 Total disbursements
1449279 92
IVLedger Assets
1 Book value of real estate mm flfl
Mortgage loans on real estate first liens 74 400 00
3 Loans secured by pledge of bonds stocks or
other collateral 96 250 00
4 Hook value of bonds 130915051 and
stocks 43136690 1740517 41
5 Cash in companys office i
6 Deposits in trust companies and banks not
on interest
7 Deposits m trust companies and banks on
interest
a 37126 78
S Agents balances representing business
written subsequent to Oct 1 1912 228 328 99ComptkollerGenerals Repobt 73
9 Agents balances representing business
written prior to Oct 1 1912 409 25
11 Bills receivable taken for fire risks 710 40
13 Cash deposit with Phila Underwriters
Association 100 00
14 Deposit with Western Sprinkled Bisk Assn 500 00
16 Total ledger assets 2934867 98
NonLedger Assets
17 Interest due 63375 and accrued 970280
on mortgages 10396 55
18 Interest accrued 1811953 on bonds 18119 53
19 Interest accrued 69065 collateral loans 690 65
20 Interest accrued on bank deposits 797 30
24 Total 30004 03
30 Gross assets 2964872 01
Deduct Assets Not Admitted
3iy2Deposit with Western Sprinkled Eisk Assn 500 00
34 Agents balances representing business
written prior to Oct 1 1912 409 25
39 Bonds and stocks 15012 41
40 Eeal estate 6492 99
22414 65
4 1 Total admitted assets 2942457 36
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 4384 16
2 Gross claims for losses in process of adjust
ment or in suspense 178311 84
3 Gross claims for losses resisted 4720 00
4 Total 187416 00
5 Deduct reinsurance due or accrued 40108 45
6 Net amount of unpaid losses and claims 147307 55
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running one year or less from date74
n
12
17
18
19
24
25
26
28
SO
4
ComptrollerGenerals Report
of policy including interest premiums on
perpetual tire risks 93676656 un
earned premiums fifty per cent 468383 2S
Gross premiums less reinsurance received
and receivable upon all unexpired tire
risks running more than one year from
date of policy 153093188 unearned
premiums pro rata sisHit 35
Total unearned premiums as computed above L286949 63
Amount reclaimable by the insured on per
petual fire insurance policies being 90
per cent of the premium or deposit
received 27620 17
Dividends declared and unpaid to stock
holders 336 30
Salaries rates expenses bills accounts
fees etc due or accrued 1012 2
Estimated amount hereafter payable for
federal state and oilier taxes based upon
the business of theyear of this state
ment 20011 00
Interest on bond and mortgage 190 v
Reserve tor future contingencies 20000 00
Total amount of all liabilities except
capital 1503418 31
Capital actually paid up in cash 600000 00
Surplus over all liabilities 839039 05
143903 05
Total lialilil ies 2942457 36
YI Risks and Premiums
Risks Premiums Thereon
In force on the 31st day of December as
per line 5 under this beading in las
years statement 229572105 00 2550817 76
Written or renewed during the year 188113178 00 217iJil 01
Excess of original premiums over amount
received for reinsurance i 22
Total 417685283 00 473484199
Deduct those expired and marked off as
terminated 161364869 09 190372103
In force at the end of the year 256320414 00 2831120 91ComptrollerGenerals Report 75
7 Deduct reinsurance 30713647 00 363422 52
8 Net amount in force225605767 00 2467698 44
9 Perpetual risks not included above 12
66167 deposit premiums on same
3068908
Business in the State of Georgia During the Year
28 Cross risks written 2219129 00
Less 325816 risks cancelled and 121598 reinsurance
in companies authorized in Georgia 447414 00
Net risks written 1771715 00
29 Iross premiums on risks written 21828 31
Less 221881 return premiums and 147578 premiums
for reinsurance in companies authorized in Georgia 3694 59
Net premiums received 18133 2
30 Losses paid deducting salvage 5818 10
Net losses paid 5818 10
31 Losses incurred 5907 10
Net losses incurred 5907 10
CITIZENS FIRE INSURANCE COMPANY OF BALTIMORE MD
B W Alexander resident W TV Alexander Secretary
R N Hughes Attorney for Service in Georgia
LCapital Stock
Amount of capital paid up
in cash 545000 00
Amount of ledger assets as per balance
December 31 of previous year
Increase of paidup capital during year
rn79 63
220000 00
4 Extended at
S53079 63
IITncome
Gross premiums 673401 12
Deduct gross amount paid for reinsurance
fire 11937997 return premiums fire
10731323 total 226693 2076
ComptrollerGeneral s Report
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
4670 accrued interest on mortgages
acquired during 1912 10889 26
11 Gross interest on bonds and dividends on
stocks less 35250 accrued interest on
I bonds acquired during 1912 17067 50
12 Gross interest on deposits in trust com
panies and banks 908 90
13 Gross interest from all other sources
Phila XJnd deposit 630 agents
balances 930 total 15 00
4467H7 92
17 Total gross interest and rents
18 From other sources Surplus
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 67500 stocks 203170 total

28 Total income
111Disbursements
28881 26
154000 00
2706 70
632295 88
1 Gross amount paid policyholders for losses
including 2667247 occurring in pre
vious years 248181 72
2 Deduct amount received for salvage fire
132506 reinsurance fire 4378916 45114 22
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 663006 and expenses 2213834 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 127776 printing and stationery 427349
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
203067 ii
5336 65
110815 32
119 38
28768 40
21197 40
2574 97
5551 25
3497 04
75 24
1453 90
1652 43
3246 92
2811 17
791 75
4055 56
ComptrollerGenerals Report 77
21 Insurance department licenses and fees 5025 43
22 All other licenses fees and taxes Franchise tax 2500
municipal licenses tax 256990 state and county tax
on assets 293596 fire marshall tax 81913 total 6349 99
23 Other disbursements Reports and periodicals 90703
office sundries 49749 miscellaneous 161637
premiums on official bonds 9750 total 3118 39
34 Paid stockholders for interest or dividends amount de
clared during the year 3250000 32500 00
38 Agents balances charged off 159 16
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 576625 stocks 9159 total 5857 84
41 Total disbursements 451105 69
IVLedger Assets
2 Mortgage loans on real estate first liens 192261 00
4 Book value of bonds 37026750 and
stocks 2464000 total 394907 50
5 Gash in companys office 480 38
6 Deposits in trust companies and banks not
on interest 367121 45
7 Deposits in trust companies and banks On
interest 14037 33
S Agents balances representing business
written subsequent to October 1 1912 63797 39
9 Agents balances representing business
written prior to Oct 1 1912 1464 77
12 Other ledger assets viz Phila TJnd de
posit 100 00
14 Bichmond Va local bond dep 300 00
16 Total ledger assets 1034209 82
NonLedger Assets
17 Interest accrued on mortgages 2384 00
18 Interest accrued 342236 on bonds 3422 36
30 Gross assets 1040076 18
Deduct Assets Not Admitted
34 Agents balances representing business written prior to
Oct 1 1912 1464 77
41 Total admitted assets 1038611 41 8 COMPTROLLERG EN ERAX s RePOBT
VLiabilities
2 Gross claims for losses in process of ad
justments or in suspense 101286 84
5 Deduct reinsurance due or accrued 25111 43
li Net amount of unpaid losses and elaims
7 Cross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 177 752 24
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 158 639 45
11 Total unearned premiums as computed above
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 vear
of this statement
29 Surplus as regards policyholders
30 Total liabilities
VI Kisks and Premiums
7ii17i 41
336391 69
112 15
5300 no
20 Total amount of all liabilities except capital 418529 25
27 Capital actually paid up in cash 545000 00
Surplus over all liabilities 75082 10
620082 10
1038611 41
Fire Risks Premiums Thereon
1 In force on the il day of December as
per line 5 under this heading in last
years statement 33931338 51 419495 28
2 Written or renewed during the year 70770463 12 071 401 12
i Excess of original premiums over
amount received for reinsurance
107009 04
Total 10470180183 1200505 41
5 Deduct those expired and marked oft as
terminated 115125 is 503 443 54
0 In force at the end of the year 63159248 35 757121 mi
7 Deduct reinsurance scedule required 11526553 15 120971 21
Net amount in force
51632695 20
630150 opComptrollerGenerals Keport 79
Business in the State of Georgia During the Year
28 Gross risks written 552809 00
Loss 4982500 risks cancelled 49825 00
Net risks written 502984 00
29 Gross premiums on risks written 7777 84
Less 90564 return premiums 905 64
Net premiums received 6872 20
30 Losses paid deducting salvage 468 00
31 Losses incurred 3981 94
CITIZENS INSURANCE COMPANY OF ST LOUIS MISSOURI
Charles E Chase President P O Crocker Secretary
Home Office Pierce Building St Louis Missouri
Egleston Prescott Attorneys for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
4 Extended at
S765S3 14
TTIncome
Fire Marine and Inland
5 Gross premiums 2085333 01 10311 ill
6 Deduct gross amount paid
for reinsurance fire 1
26343294 return prem
iums fire 31966508
marine and inland 1
23368 total 1583098 02 1233 68
7 Total premiums other than
perpetual 502234 99 9079 96
9 Gross interest on mortgage loans 4860 00
11 Gross interest on bonds and dividends on
stocks 24214 50
12 Gross interest on deposits in trust com
panies and banks 1454 00
131 1 9580
ComptrollerGenerals Eeport
17 Total gross interest and rents
19 Conscience money
28 Total income
30528 50
32 69
541876 14
IIIDisbursements
1 Gross amount paid policy holders for losses
including 15546767 occurring in pre
vious years 1155679 12
2 Deduct amount received for Salvage fire
1915901 reinsurance fire T99
57612 total 818735 13
4
5
7
8
9
10
11
12
13
14
15
16
17
20
21
99
23
34
38
Net amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or Brokerage
Salaries 1900093 and expenses 1041225 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including companys occupancy of its own build
ings
Advertising 44847 printing and stationery 427430
Postage Telegrams telephone and express
Legal expenses
Furniture and fixeures
Maps including corrections
Underwriters Boards and Tariff Associations
Five 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 Federal corporation
tax 17248 municipal and comity taxes and fees
536045
Other disbursements Commercial ratings 13056 ice
water and toilet supplies 592S insurance on com
munes interests 5337 newspapers and periodicals
1552 total
ii1 stockholders for interest or dividends amount de
clared during the year 2400000
Agents balances charged off
336943 99
670S 72
92723 66
29413 18
7207 86
1845 27
4722 77
4127 29
423 84
35S 17
319 63
9346 11
2413 23
333 70
10421 85
4484 36
5532 93
25S 73
24000 00
130 41
41 Total disbursements
541778 73ComptrollerGenerals Report 81
IVLedger Assets
2 Mortgage loans on real estate first liens 97200 00
4 Book value of bonds 56966875 and
stocks 82500 total 570493 75
6 Deposits in trust companies and banks not
on interest 26743 07
7 Deposits in trust companies and banks on
interest 112059 56
5 Agents balances representing business
written subsequent to October 1 1912 67587 28
9 Agents balances representing business
written prior to October 1 1912 2596 89
16 Total ledger assets S76680 55
NonLedger Assets
171 nterest accrued on mortgages 1168 16
18 Interest accrued on bonds 9519 80
30 Gross assets 887368 51
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1912 2596 89
38 Book value of ledger assets over market
value viz Bonds and stocks 22638 75
25235 64
41 Total admitted assets 862132 8
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 8700 62
2 Gross claims for losses in process of ad
justment or in suspense 99686 02
3 Gross claims for losses resisted 24342 49
4 Total 211720 13
5 Deduct reinsurance due or accrued 157597 30
6 Net amount of unpaid losses and claims 54131 83
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem82
om ptrollerGenerais Report
iums on perpetual fire risks 341
94219 unearned premiums fifty per
cent 170971 10
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 48481403 un
earned premiums pro rata 262126 49
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 823889 un
earned premiums 50 per cent 4119 45
11 Total unearned premiums as computed above 437217 04
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 4 675 00
26 Total amount of all liabilities ex op capital 496023 87
27 Capital actually paid up in sash 200000 00
28 Surplus over all liabilities 166109 00
29 Surplus as regards policyholders
366109 on
30 Total liabilities
VI Risks ami Premiums
862132 s
fire Risks Premiums Thereon
In fone December 31 1011223938103 00 2819411 47
Written or renewed during the year 173720368 00 2085333 01
Totals 39765847100 4904744 48
Deduct those expired and marked off as
terminated 147872447 00 2024216 59
In force at the end of the year 1912249786024 00 2880527 89
Deducl amount reinsured 175189413 00 2053771 07
Net amount in force Dec 31 1912 7459661 00 826756 22
Business in the State of Georgia During the Year
Ls Gross risks written 4 795 863 00
Less 69975200 risks cancelled and 30766700 rein
surfance in companies authorized in Georgia 1007410 00
Net risks written 3788444 00ComptrollerGenerals Report 83
29 Gross preiums on risks written 73476 71
Less 825181 return premiums and 517593 prem
iums for reinsurance in companies authorized in
13 427 74
Georgia lai
Xet premiums received 60049 Oo
30 Losses paid deducting salvage 50112 90
Less losses on risks reinsured in companies authorized
in Georgia 5619 64
Xet losses paid 44493 26
31 Losses incurred 52986 9
Less losses on risks reinsured in companies authorized
in Georgia i17 14
Xet losses incurred 49369 55
CITY OF NEW YORK INSURANCE COMPANY
Home Office Maiden Lane and William Street
Major A White President J Carroll French Secretary and Treasurer
B K Clapp Columbus Ga 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 1543958 95
4 Extended at 1543958 95
IIIncome
5 Gross premiums 1178180 74
6 Deduct gross amount paid for reinsurance
tire 33234465 return premiums fire
24535162 total 577696 27
7 Total premiums other than perpetual 600484 47
9 Gross interest on mortgage loans 11340 00
11 Gross interest on bonds and dividends on
stocks less 1527 accrued interest on
bonds during 1912 44115 87
12 Gross interest on deposits in trust com
panies and banks 1213 0084 ComptbollerGenebals Report
17 Total gross interest and rents 50 068 87
25 From agents balances previously charged off 21 50
26 Gross profit on sale or maturity of ledger assets Viz
Bnds 1162 83
28 Total income 65S337 67
IIIDisbursements
1 Gross amount paid polieynolders for losses
including 5422661 occurring in pre
vious years 43Gj547 61
2 Deduct amount received for salvage lire
373499 reinsurance fire 11533762
discount fire 63359 total 119706 20
3 Net amount paid polieynolders for losses 3ig 541 41
4 Expenses of adjustment and settlement of losses 682 62
5 Commissions or brokerage 14631 41
7 Salaries 1456093 and expenses 857381 of special and
general agents 23 134 74
8 Salaries fees and all other charges of officers directors
trustees and home office employees 52509 37
9 Bents
12ol3 o0
10 Advertising 94069 printing and stationery 586539 6806 08
11 Postage telegrams telephone and express s262 74
12 Legal expenses 15 go
13 Furniture and fixtures j 7gj q
14 Maps including corrections 3 077 45
15 Underwriters boards and tariff associations 6953 00
16 Fire department fire patrol and salvage corps assessments
fees taxes and expenses 3 1515 73
17 Inspections and surveys 2 756 3
20 State taxes on premiums 12 9S9 57
21 Insurance department licenses and fees 4 212 17
22 All other licenses fees and taxes
Municipal licenses and taxes 2193 16
24 Commercial ratings j 403 90
25 Miscellaneous items 575 50
27 Traveling expense home office 1445 67
3426 07
34 Paid stockholders for interest or dividends amount de
clared during the year 50000 50000 00
38 Agents balances charged off 934 n5
39 Gross loss on sale or maturity of ledger assets viz
Ponds bi o
o1 21
41 Total disbursements ggi m 6
16
17
18
24
30
34
38
41
ComptrollerGenerals Report 85
IVLedger Assets
Mortgage loans on real estate first liens 246000 00
Book value of bonds 32647125 and
stocks 71037413 1036845 3S
Cask in companys office 5858 35
Deposits in trust companies and banks not
on interest 25220 98
Deposits in trust companies and bauks ou
interest 79360 72
Agents balances representing business
written subsequent to October 1 1912 153141 79
Agents balances representing business
written prior to October 1 1912 4854 16
Total ledger assets 1551281 3S
NonLedger Assets
Interest accrued on mortgages 1957 50
Interest accrued on bonds 4363 9o
Total 6321 45
Gross assets 1557602 83
Deduct Assets Not Admitted
Agents balances representing business
written prior to October 1 1912 4854 16
Book value of ledger assets over market
market value viz Stocks and bonds 81040 38
85894 54
Total admitted assets 1471708 29
VLiabilities
Gross losses adjusted and unpaid 2000 00
Gross claims for losses in process of ad
justment or in suspense plus 256700
reserve tor losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 59724 00
Gross claims for losses resisted 14860 00
Total l658i
Deduct reinsurance due or accrued 52102 7286
omptboxxeeGenekals Report
6 Net amount of unpaid losses ami claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
dateof policy including interest prem
iums on perpetual fire risks 370
78717 unearned premiums fitly per
cent
S Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 66118660 un
earned premiums pro rata
2448J 28
L85393 59
383608 53
11 Total unearned premiums as computed above
17 Dividends declared and unpaid to stockholders
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
21 Reinsurance premiums
569002 L2
12500 00
1000 00
7500 00
52559 87
26 Total amount of all liabilities except capitalif 667043 27
27 Capital actually paid up in cash loo00000
28 Surplus over all liabilities 304 665 02
29 Surplus as regards policyholders
804665 02
30 Total liabilities 47 7ns 29
VI Risks ind Premiums
Fire Bisks Premiums Thereon
I In force on the 31 day of December as
per line 5 under this heading in last
years statement 136657564 00 1315996 60
2 Written or renewed during the year 125044310 00 117sISO 74
TM 261701874 00 2494177 34
5 Deduct those expired and marked off as
terminated ossooooo on
947942 3
6 In force at the end of the year162841808 00 1546234 99
7 Deduct amount reinsured Schedule
required 52016129 00 11120122
8 Net amount in forci
110825679 00 1031973 7728
29
30
OOMPTROLLERG KN ERALs REPORT 3 I
Business in the State of Georgia During the Year
1273007 00
Gross risks written
Less 24905000 risks eaneelled and620000 reinsurance
in companys authorized in Georgia
1017757 00
Net risks written 22 899 73
Gross premiums on risks written
Less 3 92226 return premiums and 17520 premiums
for reinsurance in companies authorized in Georgia
19502 27
Net premiums received g 4
Losses paid deducting salvage
Losses incurred
COLUMBIA FIRE INSURANCE COMPANY OF JERSEY CITY
NEW JERSEY
G F tane Iresident
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
C E Dean Secretary
904056
4 Extended at
904n5i 72
ITIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
marine and inland 42578376 return
premiums marine and inland 171357
48 total
998147 89
597141 2 1
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 55192 accrued interest on
bonds acquired dining 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Ontario dept
111116 6
29848 OS
111488
300 00ComptbollebGenebals Eepobt
17 Total gross interest and rents 31 262 96
28 Total income
432269 61
IIIDisbursements
1 Gross amount paid policyholders for losses
including 305529 occurring in pre
vious years 4 mm 0
n 378594 85
1 deduct amount received for salvage ma
rine and inland 1682196 reinsurance
marine and inland 1803172 total 197653 68
Net amount paid policyholders for losses 1 so 941 17
5 Commissions or brokerage 125 837 s
C Allowances to local agencies for miscellaneous agency
expenses
7 Salaries and expenses of special and general agents JS 3
8 Salaries fees and all other charges of officers directors
trustees and home office emplovees fi q r
j 0 A dvertising 200 printing and stationery 297600 Sa 00
11 Postage telegrams telephone and express Zn Z
12 Legal expenses 690 00
15 Underwriters Boards and Tariff Associations lit It
16 hre department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
20 State taxes on premiums 26
21 Insurance department licenses and fees tn
22 Another licenses fees and taxes Federal corporation
23 Other disbursements Investment expenses
10 Gross decrease by adjustment in book value of ledger
assets viz Bonds
S97 92
41 Total disbursements
335893 23
IVLedger Assets
I Book value of bonds 883600 42
Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to October 1 1912 54 663 40
S Agents balances representing business
bitten prior to Oct 1 1912 10 0ComptrollerGenerals Report 89
12 Other ledger assets Ontario dept 10000 00
16 Total ledger assets 1000433 10
NonLedger Assets
18 Interest accrued on bonds 10143 32
20 Interest accrued on other assets 6250
24 Total 10205 82
39 Gross assets 1010638 92
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 14950 00
38 Book value of ledger assets over market
value 50700 42
65650 42
41 Total admitted assets 944988 50
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 70236 28
3 Gross claims for losses resisted 1104 65
4 Total 7134093
5 Deduct reinsurance due or accrued 43253 10
6 Net amount of unpaid losses and claims 28087 83
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired in
land risks running more than one year
from date of policy 1623929 un
earned premiums pro rata 9689 74
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland yearly navigation
risks 32537429 unearned premiums
fifty par cent 162687 15
10 Gross premiums less reinsurance cash
and bills received and receivable upon
unexpired short term inland marine
risks
11 Total unearned premiums as computed above 172604 2890
ComptrollerGenerals Report
18 Salaries rents expenses bills accounts fees etc due
or accrued 8000 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 9000 00
C Total amount of all liabilities except capital 217692 11
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 327290 39
29 Surplus as regards policyholder
0 Total liabilities
272Hi 39
94498s In
Business in the State of Georgia During the Year
832555 mi
459355 on
28 Gross risks written
Less 126877000 risks cancelled and 14058100 re
insurance in companies authorized in Georgia
Net risks written 42200 00
29 I loss premiums on risks written 18322 70
Less 019182 return premiums and 289124 premiums
for reinsurance in companies authorized in Georgia 9083 06
Xel premiums received 9239 04
30 Losses paid deducting salvage 8030 34
Less losses on risks reinsured in companies authorized
in leorgia 2552 7
Net losses paid 477 01
31 Losses incurred 8570 54
Less losses on risks reinsured in companies authorized
in Georgia 2689 50
Net losses incurred
5880 8 1
COLUMBIA FIRE INSURANCE COMPANY OF ATHENS GEORGIA
1 Y Carithers 1resident Langdon C Quin Secretary
Home Office Corner College Avo and Clayton St Athens la
Langdon C Quin Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in Cash 100000 00ComptrollerGeneral s Report
Amount of ledger assets as per balance
December 31 of previous year 202260 05
4 Extended a1
IIIncome
91
202200 01
Gross premiums
Deduct gross amount paid for reinsurance
fire 945131 return premiums fire
1 122761 total
9
10
11
17
28
Total gross interest and rents
Total income
illDisbursements
Gross amount paid policyholders for losses
including 303772 occurring in pre
vious years
Deduct amount received for salvage fire
23151 reinsurance fire 999258
75043 27
20078 92
Total premiums other than perpetual
Gross interest on mortgage loans 400 07
Gross interest on collateral loans 3118 48
Gross interest on bonds and dividends on
stocks 6167 00
43562 91
10224 09
8
9
10
11
13
14
20
21
Net amount paid pollcyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage 1418101 less reinsurance
corns 352933
Allowances to local agencies for miscellaneous agency
expenses
Salaries 155919 and expenses 254851 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 74512 printing and stationery 91790
Postage telegrams telephone and express
Furniture and fixtures
Maps including corrections
State taxes on premiums
Insurance department licenses and fees
54304 35
9752 ir
64116 5n
33338 82
703 81
10052 28
14 51
4107 7ii
7913 74
1475 25
1663 us
071 85
148 84
99 50
118 44
2011 no92
ComptrollerGenerals Report
22 All other licenses fees and taxes Municipal licenses and
taxes
23 Other disbursements Miescellaneous expenses
41 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds 12820600 and
stocks 40000 total
5 Cash in companys office
6 Deposits in trust companies and banks not
on interest
8 Agents balances representing business
written subsequent to Oct 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
12 Other ledger assets viz Accounts re
ceivable
10350 00
34496 00
128606 00
107 46
16684 96
11021 85
1401 08
352 21
16 Total ledger assets
NonLedger Assets
17 Interest due S6946 and accrued 36534
on mortgages
18 Interest on bonds
19 Interest on collateral loans
1234 80
945 81
2380 80
24 Total
30 Gross assets
Deduct Assets Xot Admitted
34 Agents balances representing business
written prior to October 1 1912
38 Book value of ledger assets over market
value viz Accounts receivable
1401 08
352 21
41 Total admitted assets
939 93
1309 84
63357 59
203019 56
4561 41
2075S0 97
1753 29
205827 68ComptrollerGenerals Eeport
93
VLiabilities

1 Gtoss losses adjusted and unpaid due 3
00000 not yet due 581104
2 Gross claims for losses in process of ad
justment or in suspense plus 12024
reserve for losses incurred prior to Dec
31 of which no notice had been re
ceived on that date
19
21
4 Total
5 Deduct reinsurance due or accrued
1811 04
120 24
8931 28
1500 00
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 17545 46
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 23644 09
11 Total unearned premiums as computed above
18 Salaries rents expenses bills accounts fees etc due
or accrued
Estimated amount hereafter payable fox federal state
and other taxes based upon the business of onetenth
of one per cent of the year of this statement
Reinsurance premiums
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 100000 00
28 Surplus over all liabilities 54356 28
29 Surplus as regards policyholders
7431 28
41189 55
436 03
40 34
2374 20
30 Total liabilities
51471 40
154356 28
205827 68
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 3010468 00 62050 17
2 Written or Tenewed during the year 3849618 00 75043 2794
ComptrollerGenerals Beport
6860086 00 137093 44
49370 27
4 Total
5 Deduct those expired and marked off as
terminated 2658985 00
6 In force at the end of the year 420101 00 772i 17
7 Deduct amount reinsured schedule re
quired 671913 00 13879 38
8 Net amount in force 3529180 00
Business in the State of Georgia During the Year
73843 79
28 Gross risks written 3849 618 00
Less 68958500 risks cancelled and 58295300 re
insurance in companies authorized in Georgia 1272538 00
Net risks written 4
29 Gross premiums on risks written
Less 1122701 return premiums and 118255 prem
iums for reinsurance in companies authorized in
Georgia
577080 no
75114 27
13053 12
Nel premiums received 51990 15
30 Losses paid deducting salvage 4333 40
Less losses on risks reinsured in companies authorized
iu ieorgia 9 992 s
Nel losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized
in Georgia
Net losses incurred
33338 82
5051 84
10224 09
5427 75
COMMERCIAL FIRE INSURANCE COMPANY OF THE DISTRICT
OF COLUMBIA
Robert B Tuttle President Paul P dove Secretary
ICapital Stock
1 Amount of capital paid up
in cash 430790 00
2 Amount of ledger assets as per balance
December il of previous year 364960 29COMPTEOLLEBGrENEEAL s IIEPOBT
3 Increase of paidup capital during the
year 230790 00
4 Extended at
Hincome
5 Gross premiums 378431 oo
6 Deduct gross amount paid for reinsurance
fire 1857286 return premiums fire
9651083 total 115083 09
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
32293 accrued interest on mortgages
acquired during 1912 7033 91
11 Gross interest on bonds and dividends on
stocks less 220904 accrued interest on
bonds acquired during 1912 3047 24
12 Gross interest on deposits in trust com
panies and banks u
17 Total gross interest and rents
18 From other sources Commission on loans 17925 prem
ium on full paid stock 24813650 bond deposit
industrial dept 700 advances industrial dept
10169 installment subscriptions cap 2982941
surplus 3335231 total
27 Gross increase by adjustment of book value of ledger as
sets viz Real estate to bring to app value 210940
75 to provide for assumed interest and taxes for which
disbursements have been made or liability assumed
1095580 total
28 Total income
111Disbursements
Gross amount paid policyholders for
losses 178992 35
2 Deduct amount received for salvage fire
59637 reinsurance fire 501567 dis
count ire 21886 total 5830 90
Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 i lommissions or brokerage
95
595740 29
263347 87
10705 46
31 1606 16
221896 55
807556 04
173161 45
4037 22
90672 6096
ComptrollerGenerals Beport
9
10
11
12
13
14
20
21
22
23
34
35
38
39
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 445133 printing and stationery 317142
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Commissions and ex
pense full paid stock 9578530 commission and ex
pense partial subscription 3764140 total
Other disbursements Janitor 1100 car fare 17625
notary and recording 45250 water and ice 8039
toilet supplies 1425 newspapers 8750 miscel
laneous 249072 city and county taxes and fees 1
35133 investigation expense 464480 accrued in
terest southern building 827778 interest on bor
rowed money 172222 total
Paid stockholders for interest or dividends
Net collections on installment stock in 1911 included in
surplus in error
Deposit to clear title to real estate
Gross loss on sale or maturity of ledger assets viz
Bonds
18671 43
1597 16
7622 78
143S 41
159 46
2527 63
724 25
1549 83
4322 7fi
133426 70
193QS 74
28632 60
140 00
100 00
1715 00
41 Total disbursements 4SSS08 10
IVLedger Assets
1 Iook value o freal estate
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks
or other collateral
5 ash in companys office
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to October 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
12 Arrearages in dust dept
13 Trust fund
350000 00
217900 00
199423 52
13398 37
46115 73
10813 66
68129 69
1179 79
90 45
1618 57ComptrollerGenerals Report
97
14
16
Due from First National Fire Insurance
Co of the XT S
4818 45
Total ledger assets 913488 23
NonLedger Assets
17
18
23
24
28
Interest due 69725 and accrued 3
28708 on mortgages
Interest accrued on bonds
Rents less disbursements southern build
ing
3984 33
2648 32
8379 19
Total
Interest in assets of southern building corporation
15011 84
606 84
30 Gross assets
929106 91
Deduct Assets Not Admitted
34
38
39
40
Agents balances representing business
written prior to Oct 1 1912 3179 79
Book value of ledger assets over market
value viz Bonds 2081 2
Arrearages industrial dept 90 45
Amount expended imprest fund but
included December 31 4 30
3355 56
41 Total admitted assets
925751 35
VLiabilities
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense
4 Total
5 Deduct reinsurance due or accrued
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest preiri
4668 31
36087 10
40755 41
525 50
40229 9198 COiMPTROLLKKGENKKALs IvKlHIHl
iums on perpetual fire risks 225
94521 unearned premiums fifty per
cut 1 12972 61
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 8840922 un
earned premiums pro rata 52577 82
11 Total unearned premiums as computed above1655pO 43
16 Interest due or accrued 4 709 17
18 Salaries rents expenses bills accounts fees etc due
or accrued pno s
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 5 000 00
20 Accrued taxes on building 22S 63
21 Accrued bills on building 856 68
22 Advances industrial department 109 09
23 Due Tuttle Wightman Dudley Inc 89 10
24 Bond Deposit Industrial Dept 7 on
25 Due Minority Stockholders Sou Bldg ss
26 Total amount of all liabilities except capital 22157 9s
27 Capital actually paid up in cash 430790 00
27 Installment capital 29829 II
28 Surplus over all liabilities 243559 96
29 Surplus as regards policyholders 7m179 7
SO Total liabilities ifs 925 75
VIBisks and Premiums
Fire Kisks Premiums Thereon
1 In force on the day of December as
per line 5 under this heading in last
years statement 980649 00 156746 33
2 Written or renewed during the year 32557475 no i7S4l 56
Total 4236396S 00 535177 89
5 Deduct those expired and marked off as
terminated Iii7ill8 00 198645 44
ii I11 force at the end of the year 25680950 00 336532 46
7 Deduct amount reinsured schedule re
quired 1352770 on 22178 02
i Net amount in force 24278180 00 1 1354 43ComptrollerGenerals Eeport 99
Business in the State of Georgia During the Year
28 Gross risks written 2748565 00
Less 45978500 risks cancelled and 40200000 re
insurance in companies authorized in Georgia 861785 00
Net risks written 1886780 00
29 Gross premiums on risks written 63025 72
Less 1587579 return premiums and 974724 premiums
for reinsurance in companies authorized in Georgia 25623 03
Net premiums received 37402 69
30 Losses paid deducting salvage 23179 02
Less losses on risks reinsured in companies authorized
in Georgia 2105 61
Net losses paid 21073 41
31 Losses incurred 85652 62
Less losses on risks reinsured in companies authorized
in Georgia 2113 61
Net losses incurred 23539 01
COMMERCIAL UNION ASSURANCE CO LTD OF LONDON ENGLAND
A H Wray Manager
i D A Mclntyre Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 7478138 49
4 Extended at 7478138 49
TIIncome
Fire Marioe and Inland
5 Gross premiums 5694789 76 1529268 03
6 Deduct gross amount paid
for reinsurance fire
85023744 marine and
inland 63042670 re
turn premiums fire
07138021 marine and
inland 9026812 1921617 65 720694 82TOO
omptkolucrGtEnkkals IllPOKT
7 Total premiums other
than perpetual 3773172 1 808573 21
8 Deposit premiums written on perpetual risks gross
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on stock less 3
46458 accrued interest on bonds acquired during 1912
12 Gross interest on deposits in trust companies and banks
13 Gross interest from all other sources On note for live
premiums
16 Gross rents from companys property including 9
75000 for companys occupancy of its own buildinps
1581743
1172
955
21384
8195
li
07397
32
72
00
98
OS
51
17 Total gross interest and rents
23 Received from home affice
25 From agents balances previously charged off
288400
05022
1009
71
62
i
28 Total income 5178040
111 Disbursements
Fire Marine and Inland
1 Gross amount paid policy
roiders for losses in
cluding 40582740 oc
curring in previous
years 2417161 89 1145195 01
2 Deduct amount received
for salvage fire 27
32759 marine and in
land 8896326 rein
surance lire 21585797
marine and inland
00102151 total 263185 56 750584 77
15
3 Net amount paid policy
holders for losses2153976 33 394610 24 2548586
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agencj
expenses
7 Salaries 5855577 and expenses 3697856 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
0 Bents including 9750011 for companys occupancy of
its own buildings
In Advertising 025227 printing and stationery 3467121
0957s 39
929635 50
7084 64
95534 33
172012 04
25000 83
40903 18
ComptkollekGeneral s Rbpob
Ill
11
12
13
14
15
16
17
18
19
20
21
22
31
32
33
39
40
1ostage 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 and taxes and expenses
Inspections and surveys
Eepairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 655868 state county and municipal licenses and
fees 912076 franchise tax 465725 total
Exchange
Remitted home office
DeposiT premiums returned
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Stocks
Gross decrease by adjustment in book value of ledger
assets viz Bonds 1906398 stocks 1777595
22178 74
816 68
8397 21
4332 42
42659 87
33547 14
22270 59
30071 89
17539 50
92384 I 1
14987 69
20336 69
4426 44
S3 4291 99
4178 94
5039 81
262 90
36838 93
41 Total disbursements
5082967 32
9
11
IVLedger Assets
Book value of real estate
Mortgage loans on real estate first liens
2300000 other than first 3500000
Bool value of bonds 497277073 and
stocks 13235498
Oash in companys office
Deposits in trust companies and banks not
on interest
Deposits in trust companies and banks on
interest
Agents balances representing business
written subsequent to Oct 1 1912
Agents balances representing business
written prior to Oct 1 1912
Bills receivable taken for fire risks
698161 62
58000 00
5105125 71
335 70
172423 53
425366 53
1069490 41
44226 27
79 85
16 Total ledger assets
3211 62102 ComptrollerGenerals Report
NonLedger Assets
17 Interest accrued on mortgages 1341 25
18 Interest accrued on bonds 70905 00
23 Rents accrued on eempanys property or
lease 8595 34
24 Total 80841 59
25 Market value of real estate over book value 189836 38
30 Gross assets 7843889 59
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 44226 27
38 Book value of ledger assets over market
value viz Bonds and stocks 178675 71
40 Cash and investments not in control of
trustees 1055125 76
1278027 74
41 Total admitted assets 6565861 85
VLiabilities
1 Gross losses adjusted and unpaid 106109 69
2 Gross claims for losses in process of ad
justment or in suspense plus 27
150 reserve for losses incurred prior to
Dec 31 of vvhieh no notice had been re
ceived on that date 531651 78
3 Gross claims for losses resisted 36306 87
I Total 674068 34
5 Deduct reinsurance due or accrued 123407 ill
li Net amount of unpaid losses and claims 550661 00
7 iross premiums less reinsurance receiv
ed ami receivable upon nil unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 2866
24380 unearned premiums fifty per
cent 1433121 91
S ftross premiums less reinsurance receivComptkolleeGenebal s Report
in
9
10
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 427521098 un
earned premiums pro rata 2247596 67
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
4328544 unearned premiums fifty
per cent
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 8332367
unearned premiums 50 per cent 14
55392 at 100 per cent 562J 5 75
21642 72
11
12
18
19
20
21
26
28
Total unearned premiums as computed above 3758577 04
Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received
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
Commissions brokerage and other charges due or to be
come due to agents and brokers
Return premiums 1399688 reinsurance premiums 78
65088
94113 19
21725 00
92467 67
105285 17
92647 76
Total amount of all liabilities except capital 4715476 83
Surplus over all liabilities 1850385 02
30 Total liabilities
6565861 85
VIRisks and Premiums
1isks Premiums Thereon
In force December 31 1911781885856 00 7989709 81
Written or renewed in 1912 543163194 00 5694789 76
Totals 1325049050 00 13684499 57
Deduct expirations and cancellation 548085494 00 5727495 77
Tn force December 31 1912776963556 00 7957003 80
Deduct amount reinsured 86834821 00 814849 02
8 Net amount
jn force if90128735 00 7142154 78104 COMPTROLLERGrENERAIiS REPORT
9 Perpetual risks not included above 4642810 00
Deposit premiums on same 98908 28
Business in the State of Georgia During the Year
Fire Marine and Inland
2S Gross risks written 11771609 00 15420419 00
Less 2500605 risks cancelled and
84101800 reinsurance in companies
authorized in Georgia 3261847 00 79776 00
Net risks written 8509762 00 15340 643 00
29 Gross premiums on risks written 167096 48 97773 08
Less 2061170 return premiums and
1087039 premiums for reinsurance
in companies authorized in Georgia 28461 07 3021 02
Net premiums received 138635 41 94752 06
30 Losses paid deducting salvage 114432 06 110564 90
Less losses on risks reinsured in com
panies authorized in Georgia 6642 37
Net losses paid 107789 69 110564 90
31 Losses incurred 103364 71 1 10564 90
Less losses on risks reinsured in com
panies authorized in Georgia 6767 37
Net losses incurred 96597 34 110564 90
THE COMMONWEALTH INSURANCE COMPANY OF NEW YORK
K I Richards President Robert Newboult Secretary
Frank H Reynolds Attorney for Service in Georgia
TCapita Stock
1 A minim nl capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December of previous year 2557075 36
4 Extended at 2557075 36
IIIncome
5 Gross premiums 1440066 26ComptrollerGeneral s Report
105
Deduct gross amount paid for reinsurance
fire 30551681 return premiums fire
27562706 total 581143
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 188877 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Interest on deferred payments of in
terest on mortgages 773 Western
Adjustment and Apprasial Co 3599
total

16766 52
86069 73
1267 04
43 72
17 Total gross interest and rents 1
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 10500 stocks 1906813 total
858922 39
28 Total income
104147 01
21 14
19173 13
982263 67
IIIDisbursements
Gross amount paid policyholders for
losses 656010 46
Deduct amount received for salvage fire
1193874 reinsurance fire 122
2591 total 134064 65
3 Net amount paid policyholders for losses 521945 81
4 Expenses of adjustment and settlement of losses 10281 70
5 Commissions or brokerage 178996 38
6 Allowances to local agencies for miscellaneous agency
expenses 2927 22
7 Salaries 2218192 and expenses 2246773 of special
and general agents 44649 6
8 Salaries fees and all other charges of officers directors
trustees and home office employees 25703 97
9 Rents 7509 56
10 Advertising 508433 printing and stationery 11
64746 total 16731 79
11 Postage telegrams telephone and express 6925 79
12 Legal expenses 565 52
13 Furniture and fixtures 2225 71
14 Maps including corrections 745 02106 CoMPTEOLiiBBGrENEEALS RkPORT
15 Underwriters Boards and Tariff Associations 6838 75
16 Fire department fire patrol and salvage corps assess
ments fees tares and expenses 7015 51
17 Inspections and surveys 5343 68
20 State taxes on premiums 13138 15
21 Insurance department licenses and fees 7587 26
22 All other licenses fees and taxes Municipal tax and
licenses 600186 legal publications 48132 total 6483 18
34 Paid stockholders for interest or dividends amount de
clared during the year 5000000 50000 00
38 Agents balances charged off 177 36
39 Gross loss on sale or maturity of ledger assets viz
Stocks 2450 00
41 Total disbursements 918242 01
IVLedger Assets
2 Mortgage loans on real estate 309000 00
4 Book value of bonds 123136571 and
stocks 84739952 2078765 23
5 Oash in companys office 200 00
7 Deposits in trust companies and banks on
interest 87767 87
8 Agents balances representing business
written subsequent to October 1 1912 139730 40
9 Agents balances representing business
written prior to Oct 1 1912 3906 07
12 Western Adj and App Co 200 00
13 Reinsurance recoverable on paid losses 1415 09
14 Reinsurance recoverable on paid adjust
ments 236
15 Sprinkler leakage account placed in un
admitted assets 100 00
16 Total ledger assets 2621197 02
NonLedger Assets
17 Interest due 85000 and accrued 223196
on mortgages 3081 96
18 interest accrued on bonds 13719 9S
24 Total 16801 94
30 Gross assets 2637898 96
ComptbollekGenebals Report 107
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 3906 07
38 Book value of ledger assets over market
value 34045 23
39 Sprinkler Leakage Account 100 00
38051 30
41 Total admitted assets 2599874 66
VLiabilities
1 Gross losses adjusted and unpaid 15508 00
2 Gross claims for losses in process of ad
justment or in suspense 84857 06
3 Gross claims for losses resisted 8935 26
4 Total 109300 32
5 Deduct reinsurance due or accrued 24561 00
6 Net amount of unpaid losses and claims 84739 32
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 608
844 26 unearned premiums fifty per
cent 304422 13
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 98355046 un
earned premiums pro rata 499523 50
11 Total unearned premiums as computed above 803945 63
18 Salaries rents expenses bills accounts fees etc due
or accrued 1500 00
19 Estimated amount hereafter payable fox federal state
and other taxes based upon the business of the year
of this statement 30000 00
26 Total amount of all liabilities except capiatl 920184 95
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 1179662 71108 ComptrollerGenerals Report
29 Surplus as regards policyholders 1679662 71
30 Total liabilities 2599847 56
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 221688320 00 2076748 1
2 Written or renewed during the year 171539211 00 1440066 26
4 Total 393227431 00 3516814 77
5 Deduct those expired and marked off as
terminated 172404234 00 1555706 95
6 In force at the end of the year 220823297 00 1961107 82
7 Deduct amount reinsured schedule re
quired 4731256 00 368713 10
S Net amount in force179092041 Oil 1592394 72
Business in the State of Georgia During the Year
28 Gross risks written 1499840 00
Less 61286600 risks cancelled and 65346500 in
surance in companies authorized in Georgia 1266331 00
Net risks written 233509 00
29 Gross premiums on risks written 17299 74
Less 280222 return premiums and 580575 premiums
for reinsurance in companies authorized in Georgia 8667 97
Net premiums received 8633 77
30 Losses paid deducting salvage 554 10
Loss losses on risks reinsured in companies authorized
in Georgia 20 OH
Net losses paid 2534 10
31 Losses incurred 1431 20
Less losses on risks reinsured in companies authorized
in Georgia 20 00
Net losses incurred 141 20CqmptrollekGenebal s Report
109
CONNECTICUT FIRE INSURANCE COMPANY OF HARTFORD CONN
J D Browne President W T Howe Secretary
S C Williams Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 1 of previous year 7460KIT 78
4 Extended at 7460137 78
ITIncome
5 Gross premiums 4987998 40
6 Deduct gross amount paid for reinsurance
fire 65524927 return premiums fire
58596703 total 1241216 30
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 206277 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Bills receivable etc
16 Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings 1082800
3746782 10
44940 90
2689 37
233959 51
4083 91
1840 88
10828 00
17 Total gross interest and rents 298342 57
25 From agents balances previously charged off 42 00
26 Giross profit on sale or maturity of ledger assets viz
Tteal estate 30000 bonds 10250 stocks 37500 777 50
28 Total income 4045944 17
TTIDisbursements
1 Gross amount paid policyholders for losses
including 27684268 occurring in pre
vious years 2475805 64110
COMPTBOLLEEGrENEBAL s REPORT
2 Deduct amount received for salvage fire
1822946 reinsurance fire 392
41919 discount fire 140235 total 412051 00
8
9
10
11
12
13
14
15
16
17
IS
19
20
21
22
34
38
39
Net amount paid policyholders for losses 2063754 64
Expenses of adjustment and settlement of losses 34261 95
runmissions or brokerage 803534 69
Allowances to local agencies for miscellaneous agency
expenses 15248 oo
Salaries 9138933 and expenses 5555269 of special and
general agents 146942 01
Salaries fees and all otlier charges of officers directors
trustees and home office employees 207164 82
Rents including 1000000 for companys occupancy of
its own buildings 29517 04
Advertising 1739044 printing and stationery 32
54511 total 4f935 55
Postage telegrams telephone and express 21789 08
Legal expenses 6358 51
Furniture and fixtures 3071 50
Maps including corrections 11352 76
Underwriters Boards and Tariff Associations 24993 85
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 25726 74
I nspectious and surveys 26638 32
Repairs and expenses other than taxes on real estate 486 58
Taxes on real estate 2028 6
State taxes on premiums 67892 83
insurance department licenses and fees 21712 68
All other licenses fees and taxes Federal corporation
tax 154166 municipal licenses and fees 713010 s071 76
Iaid stockholders for interest or dividends amount de
clared during the vear 16000000 paid tax for stock
holders 3089050 190890 50
Agents balances charged off 1619 tl
Gross loss on sale or maturity of ledger assets viz
Bonds l483 l
41 Total disbursements
3765076 5 1
TVLedger Assets
1 Book value of real estate 189200 00
2 Mortgage loans on real estate first liens 1014350 00
3 Loans secured by pledge of bonds stocks
or other collateral 34000 00
4 Book value of bonds 539759552 and
stocks 3435111 total 5741946 93
ComptrollerGenerals Keport 111
5 Cash in company s office 477 90
6 Deposits in trust companies and banks not
on interest 20055 39
7 Deposits in trust companies and banks on
interest 472851 X2
8 Agents balances representing business
written subsequent to Oct 1 1912 197726 34
9 Agents balances representing business
written prior to Oct 1 1912 8661 23
11 Bills receivable taken for fire risks 41735 80
16 Total ledger assets 7741005 41
NonLedger Assets
17 Interest accrued on mortgages 11039 80
18 Interest accrued on bonds 30368 78
19 Interest accrued on collateral loans 464 30
24 Total 41873 88
27 Other nonledger assets viz Gross premiums in course of
collection not over three months due 38000000
less return premiums 4500000 and reinsurance 55
00000 Jess commission brokerage and all other ex
penses thereon 12500000 total 155000 00
30 Gross assets 7937879 29
Deduct Assets Not Admitted
34 Agents balances representing business
business written prior to Oct 1 1912 8661 23
35 Bills receivable past due taken for ma
rine inland and fire risks 24011 14
38 Book value of ledger assets over market
value viz Bonds and stocks 170090 93
40 Total 202769 30
41 Total admitted assets 7735100 9
VLiabilities
1 Gross losses adjusted and unpaid 8155 23
2 Gross claims for losses in process of ad
justment or in suspense plus 2000000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 288747 76
3 Gross claims for losses resisted 41859 01112
ComptrollerGeneral s Report
4 Total
i Deduct reinsurance due or accrued
412160 00
89959 15
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1773
42303 unearned premiums fifty per
cent
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 026527638 mi
v earned premiums pro rata
322200 85
886711 51
3225176 15
11 Total unearned premiums as computed above 4111887 66
19 Estimated amount hereafter payable far federal state
and other taxes based upon the business of the year
I of this statement 35000 00
26 Total amount of all liabilities except capital 4469088 51
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 2266021 48
29 Surplus as regards policyholders
30 Total liabilities
3266021 48
7735109 99
T Kisks ami Ireniiums
Five Kisks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 798 287 8810142 37
2 Written or renewed during the year 45047051li 4987998 in
3 Excess of original premiums over
amount received for reinsurance 3745
4 Tota 1248801803 13801880 12
5 Deduct those expired and marked off as
terminated 412747561 4772914 43
i In force at the end of the year 836054242
7 Deduct amount reinsured schedule re
quired 85021826
9028971 09
990272 28
8 Net amount in fore
751032416 8038699 IIComptrollerGenerals Report 113
Business in the State of Georgia During the Year
28 Gross risks written 2547219 00
Less 51307300 risks cancelled 513073 00
Net risks written 2034146 00
29 Gross premiums on risks written 39531 14
Less 796119 return premiums 7961 19
Net premiums received 31569 95
Net losses paid 8020 78
Net losses incurred 9667 02
THE CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK
Henry Evans President J E Lopez Secretary
Home Office 80 Maiden Lane New York N Y
1 L Riley Co Attorneys 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 25503123 44
4 Extended at 25503123 44
IIIncome
5 Gross premiums 10641960 70
6 Deduct gross amount paid for reinsurance
fire 117984218 marine and inland
9902344 return premiums fire 1
18680884 marine and inland 57
37765 total 2523052 11
7 Total premiums other than perpetual 8118908 59
9 Gross interest on mortgage loans 135 00
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 1473099 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
2402 78
924384 40
104819 47114
om ptrollerGen eraes Report
13 Gross interest from all other sources 1594 02
16 Gross rents from companys property in
eluding 1812500 for companys occu
pancy of its own builgings 72104 04
17 Total gross interest and rents 1108440 9
19 Profit received being our proportion of participation to
the extent of 10000000 in syndicate formed for re
organization of the Third Avenue Railroad Company 5310 53
25 From agents balances previously charged off 1896 82
26 Gross profit on sale or maturity of ledger assets viz
Bonds 3418900 stocks 9265500 total 126844 00
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 783000 stocks 622488011 total 630318 00
28 Total income 9991718 85
10
11
12
13
14
15
16
111Disbursements
Gross amount paid policyholders for losses
including 46182030 occurring in pre
vious years 4568719 42
Deduct amount received for salvage fire
3999789 marine and inland 90050
reinsurance fire 59186191 marine
and inland 2530984 total 658070 14
Net amount pail policyholders for losses 3910049 28
Expenses of adjustment and settlement of losses 119107 25
Commissions or brokerage 1657681 05
Allowances to local agencies for miscellaneous agency
expenses T 47 71
Salaries 13931973 and expenses 12161037 of special
and general agents 260930 10
Salaries fees and all other charges of officers directors
trustees and home office employees 436 068 24
Rents including 1812500 for companys occupancy of
i Is own buildings 70034 93
Advertising 2420707 winting and stationery 51
24200 total 75509 07
Postage telegrams telephone and express 67629 92
Legal expenses ore gg
Furniture ami fixtures 31 549 54
Maps including correct Lions 20150 91
Underwriters Boards and Tariff Associations S5539 20
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 31020 7
Inspections and surveys 7 300 44CoMPXROLLERCtEXERALsS Keport
L5
18
19
20
21
22
24
25
26
27
28
29
31
32
34
35
36
38
39
40
41
Repairs and expenses other than taxes on real estate 31691 50
Taxes on real estate 24871 74
State taxes on preiriiums 155877 66
Insurance department licenses and fees 31732 69
All other licenses fees and taxes Federal corporation
tax 3786614 municipal taxes 2020440 total 58070 54
Mercantine agencies 8346 70
Miscellaneous l05 16
Exchange 11778 23
Subscription to papers 3387 35
Bills receivable past due charged off 6561 03
Investment expenses other than real estate Legal 3
77469 safe deposit 36250 transfer and notary
fees 389 total 4141 08
First Bulgarian Insurance Co reserve 25379 62
First Bulgarian Insurance Co interest I021 6
Paid stockholders for interest or dividends amount de
clared during the year 150000000 1000000 00
Scrip or certificate of profits redeemed in cash 43 00
Interest paid to scripholders 60
Agents balances charged off I890 02
Gross loss on sale or maturity of ledger assets viz
Bonds 17400
Gross decrease by adjustment in book value of ledger
assets viz Real estate 2500000 bonds 9361100
stocks 29421200 total 412823 00
Total disbursements 8554192 ol
IVLedger Assets
Book value o freal estate 1175000 00
Mortgage loans on real estate first liens 2700 00
Loans secured by pledge of bonds stocks
or other collateral 500000 00
Book value of bonds 607495000 and
stocks 1620728700 22282237 00
Cash in companys office 3073 16
Deposits in trust companies and banks not
on interest 93 62
Deposits in trust companies and banks on
interest 1703963 14
Agents balances representing business
written subsequent to Oct 1 1912 1041413 36
Agents balances representing business
written prior to Oct 1 1912 3467 47
Bills receivable taken for fire risks 228702 03
m A c 26940019 78
Total ledger assets r116 OMPTKOLL ebGtenebal s Report
Mob Ledger Assets
18 Interest due 3755000 and accrued 36
58144 on bonds 74131 44
20 Interest accrued on bank balances 83 71
22 Declared dividends on stocks transfer
books closed 135259 75
24 Total 209474 90
30 Gross assets 271511124 68
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 3417 47
35 Bills receivable past due taken for ma
rine inland and fire risks 76625 93
80093 40
41 Total admitted assets 2707003 28
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 6150000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 517331 70
3 dross claims for losses resisted I 50
4 Total 560664 20
5 Deduct reinsurance due or accrued 75459 43
li Xet amount of unpaid losses and claims 485204 77
7 dross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums or perpetual fire risks 4243
33570 unearned premiums lifty per
cent 2121667 85
v dross premiums less reinsurance receiv
ed and receivable 111011 all unexpired
lire risks running more than one year
from date of policy 1279747626 un
earned premiums pro rata 6S32139 68ComptrollerGekerals Report
117
Gross premiums less reinsurance cash
and bills received and receivable upon
all un expired inland navigation risks
13682008 unearned premiums fifty
per cent
1410 04
11
15
16
17
18
19
20
21
23
24
26
27
28
29
30
Total unearned premiums as computed above 9022217 57
Principal unpaid on scrip certificates of profits authorized
or ordered to be redeemed
Interest due or accrued on scrip
Dividends declared and unpaid to stockholders
Salaries rents expenses bills accounts fees etc due
or accrued
Estimated amount hereafter payable fox federal state
and other taxes based upon the business of the year
of this statement
Commissions brokerage and other charges due or to be
come due to agents and brokers
Reinsurance premiums
All other liabilities viz Rent paid in advance
Reserve for contingencies
26657 00
6063 30
500000 00
27500 00
162000 00
75386 16
24894 68
116 60
250000 00
Total amount of all liabilities except capital 10580040 08
Capital actually paid up in cash 2000000 00
Surplus over all liabilities 14489991 20
Surplus as regards policyholders
Total liabilities
IVRisks and Premiums
16489991 20
27070031 28
Premiums Thereon
Fire Risks
In force on the 31 day of December as
per line 5 under this heading in last
years statement 1679636131 17488374 17
Written or renewed during the year 1038796311 10641960 17
Total 2718432442 28130334 87
Deduct those expired and marked off as
terminated 930164641 9276514 42
In force at the end of the year 1788267801 18853820 45
Deduct amount reinsured schedule re
quired 160552518 1676188 A 1
Net amount in force 1627715283 17177632 04118 COMPTROLLERGENERALS REPORT
Business in the State of Georgia During the Year
28 Gross risks written 16236054 UU
Less 341758100 risks cancelled and 46517300 re
insurance in companies authorized in Georgia 3882754 00
Net risks written 12353300 00
29 Gross premiums on risks written 211492 96
Less 3237784 return premiums and 227300 premiums
tor reinsurance in companies authorized in Georgia 34650 84
Xet premiums received 176842 12
30 Losses paid deducting salvage 98870 19
Less losses on risks reinsured in companies authorized
in Georgia 3145 75
Net losses paid 95724 44
3 1 Losses incurred 91665 91
Less losses on risks reinsured in companies authorized in
Georgia 116 33
Nor losses incurred 91519 58
DIXIE FIRE INSURANCE COMPANY OF GREENSBORO N C
H E Bush President F M Garner Secretary
E J Dickey Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 no
2 Amount of ledger assets as per balance
December 31 of previous year 1174165 7
4 Extend at
1174165 Til
IIIncome
5 Gross premiums 841556 91
6 Deduct gross amount paid for reinsurance
fire 10058720 return premiums
fire 17208342 total 272670 62
7 Total Premiums other than perpetual 568886 29
9 Gross interest on mortgage loans 16599 soComptrollerGeneral s Report
119
10 Gross interest on collateral loans 1396 90
11 Gross interest on bonds and dividends on
stocks less 8305 accrued interest on
bonds acquired during 1912 20464 37
12 Gross interest on deposits in trust com
panies and banks 2202 50
16 Gross rents from companys property in
cluding 180000 for companys occu
pancy of its own buildings 10366 35
25 From agents balances charged off 50 00
26 Gross profit on sale or maturity of ledger
assets viz Bonds 406 25
28 Total income
620372 46
JITDisbursements

1 Gross amount paid policyholders for losses
including 6434476 occurring in pre
vious years
2 Deduct amount received for salvage fire
677442 reinsurance fire 5157518
402646 83
58349 60
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 1342500 and expenses 1129544 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Bents including 180000 for companys occupancy of
its own buildings
10 Advertising 237987 printing and stationery 309114
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes County tax
North Carolina Corp tax
Oitv licenses and taxes
344297 23
10951 34
129808 38
24720 44
34129 79
1800 00
5471 01
3328 33
2606 77
277 76
93S 34
9886 24
3257 60
70S 00
5100 05
940 50
7214 07
4501 94
1032 25
468 75
4164 50120
omptrollerGenerals Report
Agents licenses
Fire marshal tax
City of Greensboro
23 Other disbursements Office expense
Traveling expense
Auditing expense
Bonding treasurer and state deposit bonds
Delta Yazoo levee tax
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz
Real estate
41 Total disbursements
IVLedger Assets
1 Hook value of real estate 100100 00
2 Mortgage loans on real estate 326353 7
Loans secured by pledge of bonds stocks
or other collateral 16700 00
4 Hook value of bonds 51171684 and
stocks 550000 total 17210 84
5 Gash in companys office til 1 07
ti Deposits in trust companies and banks not
on interest 4853 17
7 Deposits in trust companies and banks on
interest 83249 02
8 Agents balances representing business
written subsequent to October 1 1912 117451
9 Agents balances representing business
written prior to Oct 1 1912 19938
12 Other ledger assets viz Western Sprink
led Risk Assn 500 00
Phila Underwriters Assn Deposit 31 00
Reinsurance recoverable on paid losses 2682 50
16 Tot n I ledger assets
2001 80
777 si
l8S5 00
110 56
714 58
809 2
257 16
bio 00
81 49
2430 69
ft 604881 63
NonLedger Assets
17 Interest due 206600 and accrued 4
26040 on mortgages 632ft 40
18 Interest accrued on bonds 7112 is
19 Interest accrued on collateral loans 189 7S
21 Bank interest on balances 509 42
23 Rents due 37750 and accrued 73000 on
companys property or lease 1107 50ComptrollerGenerae s Report
121
24 Total 15275 58
28 Furniture fixtures and maps 12000 00
29 Supplies printed matter and stationery 1500 00
30 Gross assets 1218432 20
Deduct Assets Not Admitted
32 Supplies printed matter and stationery 1500 00
33 Furniture fixtures and safes 12000 00
34 Agents balances representing business
written prior to Oct 1 1912 19938 09
38 Book value of ledger assets over market
value 16166 84
41 Total admitted assets 1168827 27
VLiabilities
1 Gross losses adjusted and unpaid 5749 48
2 Gross claims for losses in process of ad
justment or in suspense plus 207500
reserve for losses incurred prior to Dec
ember 31 of which no notice had been
received on that date 32952 00
3 Gross claims for losses resisted 2812 00
4 Total 41513 48
5 Deduct reinsurance due or accrued 3072 75
6 Net amount of unpaid losses and claims 38440 73
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 387
31367 unearned premiums fifty per
cent 193650 83
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 42534202 un
earned premiums pro rata 222447 19
II Total unearned premiums as computed above 416104 02122 ComiTKuKKliNKRArs Report
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 10000 00
26 Total amount of ail liabilities except capital 464544 71
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 204282 52
29 Surplus as regards policyholders 704282 52
30 Total liabilities 11 68827 27
VITiisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 77207S90 00 1102549 93
2 Written or renewed during the year 58107192 00 811550 91
3 Excess of original premiums over
amount received for reinsurance 2485 28
4 Total 135315082 00 if 1908982 12
5 Deduct those expired and marked off as
terminated 64452282 00 950584 38
0 Tn force at the end of the year 70862800 00 1012397 74
7 Deduct amount reinsured schedule re
quired 17030754 00 190712 05
8 Net amount in force 53832046 00 812655 09
Business in the State of Georgia During the Year
28 Gross risks written 2312543 00
Less 53529200 risks cancelled and 379240 00 reinsur
ance in comanies authorized in Georgia 914532
Net risks written 1398011 00
29 Cross premiums on risks written 39331 83
Less 738430 ertum premiums and 71294 premiums
for reinsurance in companies authorized in Georgia 11513 71
Net premiums received 24818 12
30 Losses paid deducting salvage 20183 78
Less losses on risks reinsured in companies authorized in
Georgia 5089 45
Net losses paid 14494 33ComptrollerGenerals Keport 123
31 Losses incurred 21822 55
Less losses on risks reinsured in companies authorized in
Georgia 6588 45
Xet losses incurred 15234 10

EQUITABLE FIRE MARINE INSURANCE COMPANY OF
PROVIDENCE R I
Fred W Arnold President Saml G Howe Secretary
John J McKay Attoney for Service in Georgia
TCapital Stock
1 Amount of capital paid up
in cash 400000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1176832 42
4 Extended at 1176832 42
IIIncome
5 Goss premiums 108511 1 96
6 Deduct gross amount paid for reinsurance
fire 43394768 marine and inland
90000 return premiums fire 184
27578 marine and inland 222710 621350 62
7 Total premiums other than perpetual 463761 34
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 49285 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
14 Philadelphia Underwriters Assn
15 Milwaukee Board of Underwriters
16 Gross rents from companys property in
eluding 650000 for companys occu
pancy of its own buildings
5947 46
31833 46
283 16
5 25
2 00
9564 40
17 Total gross interest and rents 47685 73
18 From other sources Conscience money 5000 borrowed
money 1000000 total 10050 00
24 Increase in liabilities during the year on account of re
insurance treaties 154538 71RMi
wmmwrn
t24 ComptrollerOenerals Report
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 174000 stocks 3740000 total
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 21750 stocks 23500 total

28 Total income
Tl 1Disbursements
1 Gross amount paid policy holders for losses
including 4606954 occurring in pre
vious years
2 Deduct amount received for salvage fire
5 26438 marine and inland 51317
reinsurance fire 18540091 discounl
fire 25008 total
511004 79
19B42S 54
itiua and stationery
Net amount paid policyholdevs for losses
4 Expenses of adjustment and settlement of losses
5 ommissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Slavics 3575640 and expenses 16j78520 of special and
general agents
8 Salaries fees and all other charge of officers directors
trustees and home office employees
9 Rents including 650000 for companys occupancy of its
own buildings
10 Advertising 143330
14532 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixture
14 Maps including corrections
15 UnderwritersBoards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
IS Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
1 Insurance department licenses and fees
22 Ml other licenses fees and taxes Federal corporation
tax 17730 municipal and county fees and taxes
139578 total
23 Other disbursements Exchange 28067 lighting
puriv and sundry expense 160812 subscriptions
319576 25
8609 10
44116 44
792 9 1
725 11 66
32040 60
7959 40
10578 62
5298 1 I
611 85
1082 90
2761 37
8307 13
66 82
1775 02
2933 62
1967 13
13370 98
6393 S7
1573 08omptrollkrGknkkals Report 125
to magazines papers etc 26073 interest allowed on
marine premiums 43762 interest on borrowed
money 73185 borrowed money 1011000 total 43318 99
37 Decrease in liabilities during the year on account of re i
insurance treaties
232516 9b
S8 Agents balances charged off 135 15
39 Gross loss on sale or maturity of ledger assets viz
Bonds
0910 00
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds Ki Q0
41 Total disbursements 8n991 og
IVIedger Assets
1 Book value of real estate 101 180 00
2 Mortgage loans on real estate 122550 00
4 Book value of bonds 45375000 and
stocks 19580000 total 649550 00
5 Cash in companys office 319 09
6 Deposits in trust companies and banks not
on interest g 994 3
7 Deposits in trust companies and banks on
interest 58083 85
8 Agents balances representing business
written subsequent to Oct 1 1912 138856 40
9 Agents balances representing business
written prior to Oct 1 1912 2 925 89
10 Bills receivable taken for marine and
inlands risks 1 198 25
12 Other ledger assets viz Insurance Assn
of Prov deposit 10000
13 Cincinnati Underwriters Assn deposit 125 00
14 Milwaukee Board of Underwriters deposit 50 00
15 Philadelphia Underwriters Assn deposit 200 00
16 Total ledger assets j 80 42 61
NonLedger Assets
1 Interest accrued on mortgages 214 63
18 Interest accrued on bonds 6 894 44
23 Rents due 13750 and accrued 48750
on company s property or lease 625 00
24 Total 7
4 0
26 Market value not including interest in item IS of
bonds and stocks over book value is 171 50
30 Gross assets 1146338 18
126
ComptrollekGexeeal s Kepobt
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 95 89
39 Deposits Underwriters Assns 475 00
8400 89
41 Total admitted assets 1142937 29
VLiabilities
1 Cross losses adjusted and unpaid 26228 06
2 Gross claims for losses in process of ad
justment or in suspense plus 281789
reserve for losses incurred prior to Dec
ember 31 of which no notice had been
received on that date 53173 93
3 Gross claims for losses resisted 11674 21
4 Total 91076 20
5 Deduct reinsurance due or accrued 40006 12
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 20649087
unearned premiums fifty per cent 103245 44
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 27158765 un
earned premiums pro rata 137081 78
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 2841049
Hulls 2838722 at 50 per cent 14
19361 Cargo 2327 at 100 per cent
2327 total 14216 88
11 Total unearned premiums as computed above
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
11070 08
254544 10
1000 00
15000 00ComptrollerGenerals Report 127
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 5 000 00
23 All other liabilities viz Interest on mortgages called
in advance 421 10
24 Liability on acct of reinsurance treaties 154538 71
26 Total amount of all liabilities except capital 481573 99
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 261363 30
29 Surplus as Tegards policyholders 661 363 30
30 Total liabilities 1142 937 29
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in hist
years statement 134266295 00 1486213 2
2 Written or renewed during the year 95192519 00 1025768 33
Excess of original premiums over
amount received for reinsurance 3042 79
4 Total 229458814 00 2515024 35
5 Deduct those expired and marked off as
terminated 102676521 00 1174254 39
6 Tn force at the end of the year 1912 126782293 00 1340769 96
7 Deduct amount reinsured SO947218 00 862691 44
8 Net amount in force December 31 1912 45835075 00 478078 52
Business in the State of Georgia During the Year
28 Cross risks written 1009226 00
Less 11434900 risks cancelled and 24846200 reinsur
ance in companies authorized in Georgia 162811 00
Net risks written 040415 00
29 Gross premiums on risks written 13204 06
Less 143931 return premiums and 205301 premiums
for reinsurance in companies authorized in Georgia 3492 32
Xef premiums received 9711 74
30 Losses paid deducting salvage 2466 08
Less losses on risks reinsured in companies authorized in
Georgia 923 4128 ComptrollerGenerals Report
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
1542 o4
2310 00
923 44
1386 56
EQUITABLE FIRE INSURANCE COMPANY OF CHARLESTON S C
David Huguenin President Wm G Mazyck Secretary
F II Reynolds Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 374677 18
4 Extended at
374677 tt
IITinoin e
5 Gross premiums
6 Deduct gross amount paid for reinsurance
marine and inland 4651567 return
premiums marine and inland 39
94225 total
227471 56
86457 92
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks
12 Giross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
Seashore Imp Co 2126 delinquent
agents 290 Charleston Board of Un
derwriters 100 total
16 Gross rents from companys property in
cluding 72000 for companys occu
pancy of its own buildings
141013 64
305 50
4561 75
11100 00
199 53
25 16
1495 00
1 7 Total gross interest and rents
17686 94ComptrollerGenerals Report
129
18 From other sources Increase in cash surrender value of
policy 875009 Equitable Life Assurance Society
28 Total income
105 00
158805 58
IIIDisbursements
1 Gross amount paid polieyliolders for losses
including 446987 occurring in pre
vious years 87012 99
2 Deduct amount received for salvage fire
92671 reinsurance fire 2708999 28016 70
3 Net amount paid polieyliolders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 234000 and expenses 648985 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 72000 for companys occupancy of its
own buildings
10 Advertising 27246 printing and stationery 195304
11 Postage telegrams telephone and express
13 Furniture and fixtures
14 Maps including corrections
15 TJnderwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
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 Federal corporation
tax 22706 municipal taxes and licenses 463520
23 Other disbursements Commercial agency 15000 ex
change 23571 light water and fuel 23189 in
surance 25595 petty cash items 16417 total
36 Interest paid to scripholders
39 Gross loss on sale or maturity of ledger assets viz
Bonds 64750 TTibernia Savings Bank Deposit
44812 total
41 Total disbursements
58996 29
2108 04
20032 24
87S 51
8829 85
13075 00
720 00
2 225 511
877 96
147 511
685 58
3 00
38 27
134 98
263 70
781 47
1362 80
4862 26
1037 72
15000 00
1095 62
133147 33130 ComptrollerGenerals Report
IVLedger Assets
1 Book value of rea lestate 15a82 9o
2 Mortgage loans on real estate 18800 00
3 Loans secured by pledge of bonds stocks
or other collateral 76350 0a
4 Book value of bonds 23335247 and
stocks 11000 00 244352 47
a fi 93 9
5 Gash m companys office ao
6 Deposits in trust companies and banks not
f 2381 94
on interest
7 Deposits in trust companies and banks on
3503 33
interest
8 Agents balances representing business
written subsequent to Oct 1 1912 30562 8G
9 Agents balances representing business
written prior to Oct 1 1912 627 60
11 Bills receivable taken for fire risks 425 36
12 Other ledger assets viz Cash surrender
value policy No 875009 Equitalile Life
Assurance Society M55 00
m a 400335 43
16 Total ledger assets
NonLedgei Assets
17 Interest accrued on mortgages 185 00
18 Interest accrued on bonds
21 Savings Bank deposits
11 14 99
24 Total nR
25 Market value of real estate over book value
405867 47
30 Gross assets
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 l
38 Book value of ledger assets over markel
value viz Stocks and bonds 3807 47
1435 07
401432 40
41 Total admitted assets ComptbollebGenebal s Repobt
VLiabilities
m
2 Gross claims for losses in process of ad
justment or in suspense 14582 5b
4 Total
5 Deduct reinsurance due or accrued
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 9302987
unearned premiums fifty per cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 13480801 un
earned premiums pro rata
14582 56
5562 42
46514 94
73797 88
11 Total unearned premiums as computed above
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 be
come due to agents and brokers
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 67409 80
29 Surplus as regards policyholders
9020 14
120312 82
2000 00
2689 64
134022 60
267409 80
30 Total liabilities
401432 40
VI Bisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 13708592 59 248587 27
2 Written or renewed during the year 12275510 65 227471 56
4 Total 25984103 24 470058 83
5 Deduct those expired and marked off as
terminated 10590098 75 189376 20132 ComptrollerOenerals Repokt
6 In force at the end of the year 15394004 49 286682 63
7 Deduct reinsurance schedule required 3238978 25 58844 75
8 Net amount in force 12155026 24 277837 90
Business in the State of Georgia During the Year
28 Gross risks written 2213130 83
Less 40621800 risks cancelled and 46376670 insur
ance in companies authorized in Georgia 869984 76
Net risks written 1343146 07
29 Gross premiums on risks written 40171 50
Less 547927 return premiums and 807993 premiums
for reinsurance in companies authorized in Georgia 13559 20
Net premiums received 26612 30
30 Losses paid deducting salvage 19995 09
Less losses on risks reinsured in companies authorized in
Georgia 5758 13
Net losses paid 14236 96
31 Losses incurred 23198 93
Less losses on risks reinsured in companies authorized in
Georgia 6508 13
Net losses incurred 16690 80
FIDELITYPHENIX FIRE INSURANCE COMPANY OF NEW YORK
Henry Evans President T A Swinnerton Secretary
ICapital Stock
1 Amount of capital paid up
in cash 2500000 00
2 Amount of ledger assets as per balanced
December 31 of previous year 14333309 91
4 Extended at 14333309 91
IIIncome
Fire Marine and Inland
5 loss premiums8324178 97 229557 00
6 Deduct gross amount paidComptrollerGeneral s Report
133
for reinsurance fire 1
15928452 marine and
inland 4792031 re
turn premiums fire 1
11420475 marine and
inland 4633497 6050689 70
135301 75
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 919365 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits iii trust com
panies and banks
13 Gross interest from all other sources
16 Gross rents from companys property in
cluding 450000 for companys occu
pancy of its own buildings
6185991 42
11384 94
448765 87
56302 40
379 04
29054 12
17
18
20
Total gross interest and rents
Prom other sources Recovery from Stockdell transactions
scheduleX Life Insurance 4062500 less amount re
funded 97000 total
Recovery from estate accounts Sheldons transactions
From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 640300 stocks 3619900 total
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 788900 stocks 38744100
545886 37
28 Total income
39655 00
34979 20
372 45
42602 00
395330 00
7244816 44
IIIDisbursements
Fire
1 Gross amount paid policy
holders for losses in
cluding 47276786 oc
curring in previous
years 3782798 42
2 Deduct amount received for
salvage fire 3296316
marine and inland
17500 reinsurance fire
60277465 marine and
inland 1279572 total 635737 81
Marine and Inland
61316 51
12970 72134
ComptrollerGeneral s Report
3 Net amount paid policy
holders for losses 3147060 61 48345 9
3195406 40
4 Expenses of adjustment and settlement of losses W6 19
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 14213707 and expenses 12263104 of special
and general agents
S Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 450000 for companys occupancy of
its own buildings iii
10 Advertising 2098318 printing and stationery 41
75720 total 4g779 go
11 Postage telegrams telephone and express
12 Legal expenses 1871171
13 Furniture and fixtures gg
14 Maps including corrections Ti7w qq
15 Underwriters Boards and Tariff Associations 1V
16 Fire department lire patrol and salvage corps assess
merits fees taxes and expenses
17 Inspections and surveys VI iy m
18 Repairs and expenses other than taxes on veal estate 040 Ul
19 Taxes on real estate u
20 State taxes on premiums 49
21 Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 2007099 municipal taxes 1221611 total 32287 10
23 Other disbursements Mercantile agencies
25 Miscellaneous n M
26 Exchange 2107 90
27 Subscription to papers
o8 Investment expenses brokerage for Mammoth Beach
ppty 30000 collections of Council Bluff Water Works
Co coupons 91900 insurance on property which
company held mortgage 6468 premiums on insurance
nfe U o Stockdell 106290 transfer and notary
fees 3510 safe deposil boxes rent 16250 total 2544 24
32 Balance of claim against citizens Insurance Co charged
to profit and loss account
34 id stockholders for interest or didends amount de
elared during the year 37500000
37 Decrease in liabilities during the year on account of re
insurance treaties 21 422 30
38 Agents balances charged offComptrollerGenerals Report 135
39 Gross loss on sale or maturity of ledger assets viz
Bonds 25 00
40 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 42387 97
Bonds 4220000
Stocks 235595 00
41 Total disbursements 6464840 08
IVLedger Assets
1 Book value of real estate 572500 00
2 Mortgage loans on real estate first liens 29500 00
4 Book value of bonds 255213300 and
stocks 9633603 00 total 12185736 00
5 Cash in companys office 1364 7
7 Deposits in trust companies and banks on
interest 1136260 54
8 Agents balances representing business
written subsequent to Oct 1 1912 801778 27
9 Agents balances representing business
written prior to Oct 1 1912 3617 32
11 Bills receivable taken for fire risks 371279 41
12 Other ledger assets viz Bills receivable
taken for Atlanta Ga real estate sold 11250 00
16 Total ledger assets 15113286 27
NonLedger Assets
17 Interest accrued on mortgages 450 01
18 Interest accrued on bonds 33300 02
20 Interest accrued on bonds deposit 80 35
21 Interest accrued on bills receivable taken
for Atlanta Ga real estate sold 281 21
22 Declared dividend on stock 60490 25
23 Rents accrued on companys property or
lease 250 00
24 Total f
30 Gross assets 15208138 15
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 617 32136
COMPTBOLLERGENERAIiS EePORT
35 Bills receivable past due taken for ma
rine inland and Are risks
59435 14
41 Total admitted assets 15145085 69
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 64
46500 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
606552 15
48752 00
655304 IS
119680 75
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 3250
44606 unearned premiums fifty per
cent 1625223 03
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 956909775 un
earned premiums pro rata 51 11127 98
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
13088255 unearned premiums fifty
per cent 68441 27
535623 40
11
17
18
19
LMi
21

Total unearned premiums as computed above
Dividends declared and unpaid to stockholders
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
Commissions brokerage and other charges due or to be
come due to agents and brokers
Reinsurance premiums
All other liabilities viz Reserve for contested liabilities
Reserve for contingencies
6834792 28
125000 00
25000 00
141000 00
20000 00
5000 00
251000 00
100000 00ComptrollerGenerals Report 137
26 Total amount of all liabilities except capital 8045415 68
27 Capital actually paid up in cash 2500000 00
28 Surplus over all liabilities 4599670 01
29 Surplus as regards policy holders 7 099 670 01
30 Total liabilities 15u og5 69
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 1178475912 14058471 52
2 Written or renewed during the year 777670521 8324178 97
t TtaI 2056146433 22382650 49
0 Deduct those expired and marked off as
terminated 744355633 8112560 95
6 In force at the end of the year 1311790800 14270089 54
7 Deduct reinsurance schedule required 132387175 1450 545 73
8 Net amount in force 1179403625 12819543 81
Business in the State of Georgia During the Year
28 Gross risks written 7 91 q
Less 115450400 risks cancelled and 2244200 reinsur
ance in companies authorized in Georgia 1 132 062 00
Net risks written 6459043 00
29 Gross premiums on risks written 129 286 95
Less 1336748 return premiums and 41028 premiums
for reinsurance in companies authorized in Georgia 13777 76
Net premiums received J
30 Losses paid deducting salvage 42 6fi J
Less losses on risks reinsured in companies authorized in
Ge0ria 49 26
Net losses paid sl
31 Losses incurred fl 4Q
Less losses on risks reinsured in companies authorized in
Georgia 49 26
Net losses incurred g 138
ComptrollerGenerals Report
FIRE ASSOCIATION OP PHILADELPHIA
M G Garrigues Secretary
E C Irvin President
W E Chapin Atlanta Attorney for Service in Georgia
jCapital Stock
1 Amount of capital paid up
incash 750000 00
2 Amount of ledger assets as per balance
December 31 of previous year 887041 4
1 Extended at
8876407 45
11 Income
5878230 00
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 76679532 return premiums fire
94065655 total 70745 S
7 Total premiums other than perpetual
S Deposit premiums written on perpetual
risks gross
9 Grose interest on mortgage loans less
80344 accrued interest on mortgages
acquired during 1912
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 238967 accrued interest
on bonds acquired during 1912
12 Cross interest on deposits in trust font
panics and banks
13 Gross interest from all other sources
Iliila Und Tariff Assn on deposit
630 interest on agents note 1500
Hi Gross rents from companys property in
cluding 087500 for companys occu
eupancy of its own buildings
4170778 13
299S3 70
118684 31
630 92
230402 22
043 84
21 20
22039 72
17 Total gross interest and rents
18 From other sources Earned deposits 516464 profit and
loss conscience money 30000 total
25 From agent balances previously charged off
383822 31
1464 64
1187 52ComptrollerGeneral s Report
139
26 Gross profit on sale or maturity of ledger assets viz
Real estate 184863 bonds 412572 stocks 5
07500 total
11049 35
28 Total income 4602285 65
IIIDisbursements
1 Gross amount paid policyholders for losses
including 31575444 occurring in pre
vious years 2759109 21
2 Deduct amount received for salvage fire
2289561 reinsurance fire 37197954
discount fire 205042 total 396925 57
8
9
10
11
12
13
14
15
16
17
18
19
20
21
29
33
34
Net amount paid policyholders for losses 2362183 64
Expenses of adjustment and settlement of losses 39075 21
Commissions or brokerage 818281 15
Allowances to local agencies for miscellaneous agency
expenses 10656 56
Salaries 18372101 and expenses 11852858 of special
and general agents 302249 59
Salaries fees and all other charges of officers directors
trustees and home office employees 17 420 46
Kents including 687500 for companys occupancy of its
own buildings 17783 86
Advertising 527959 printing and stationery 28
13110 total 33410 69
Postage telegrams telephone and express 29309 12
Legal expenses 2606 43
Furniture and fixtures 27609 98
Maps including corrections 15614 13
Underwriters Boards and Tariff Associations 58867 66
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 12696 iti
Inspections and surveys 18885 60
Kepairs and expenses other than taxes on real estate 6176 77
Taxes on real estate 6619 68
State taxes on premiums 96063 92
Insurance department licenses and fees 36299 41
All other licenses fees and taxes Federal corporation
tax 336780 tax on capital 1474443 municipal
tax 545533 filing annual statements 26500 total 23832 56
Other disbursements Commission on purchase and sale of
securities 706
Deposit premiums returned 62451 71
Paid stockholders for interest or dividends amount de
clared during the year 300000 00140
ComptbollerGenebals Repobt
38 Agents balances charged off 1210 92
39 Gross loss on sale or maturity of ledger assets viz
Real estate 237723 bonds 727648 total 9653 71
41 Total disbursements 4463665 57
IVLedger Assets
1 Book alue of real estate 767484 21
2 Mortgage loans on real estate 1987931 66
3 Loans secured by pledge of bonds stocks
or other collateral 193951 12
4 Book value of bonds 470949556 and
stocks 25237597 total 496187153
5 Gash in companys office 29901 99
6 Deposits in trust companies and banks not
on interest 94027 33
7 Deposits in trust companies and banks on
interest 359397 62
8 Agents balances representing business
written subsequent to Oct 1 1912 619818 91
9 Agents balances representing business
written prior to Oct 1 1912 643 17
16 Total ledger assets 9015027 54
NonLedgeT Assets
17 Interest due 1026600 and accrued 29
22173 on mortgages 39487 73
18 Interest accrued 71569 10
19 Interest due 55009 and accrued 5162
on collateral loans 601 71
20 interest accrued on bank deposits 1143 12
23 Rents due 32275 and accrued 184490
on companys property or lease 2167 65
24 Total
30 Gross assets
114969 31
9129996 85
Deduct Assets Not Admitted
31 Companys stock owned 10850 00
34 Agents balances representing business
written prior to Oct 1 1912 643 17ComptrollerGenerals Report 141
38 Book value of ledger assets over market
value viz Real estate 2 807 04
Bonds and stocks 24 555 53
41 Total admitted assets o 091 34 31
VLiabilities
1 Gross losses adjusted and unpaid 104256 80
2 Gross claims for losses in process of ad
justment or in suuspense plus 30
00000 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date 267 950 16
3 Gross claims for losses resisted 42 554 57
4j Total 414761 53
5 Deduct reinsurance or accrued 59 616 25
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual tire risks 2004
48111 unearned premiums fifty per
eent 1302240 56
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 468744573 un
earned premiums pro rata 2473969 95
355145 28
11 Total unearned premiums as computed above 3776210 51
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the prem
iums or deposit received 574 187 gg
i8 Salaries rents expenses bills accounts fees etc due
or accrued S 30 54
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 30 qqq n
21 Reinsurance premiums j2 203 06
26 Total amount of all liabilities except capital 5750877 81142
ComptrollerGenerals Report
27 Capital actually paid up in cash 750000 00
28 Surplus over all liabilities 2o9Uztrf au
29 Surplus as regards policyholders
30 Total liabilities
3340263 30
9091141 11
VIRisks and Premiums
Fire Risks Premiums Thereon
L In force on the 31 day of December as
per line 5 under this heading in last
years statement
2 Written or renewed during the year
846450532 7898224 10
512631157 5878230 00
4 Total
5 Deduct those expired and marked oil as
terminated
1359081689 13776 454 10
596436676 5735173 02
762645013 8041281 08
65221799
749354 24
6 In force at the end of the year
7 Deduct amount reinsured schedule re
quired
t 697423214 7291926 84
8 Net amount m torce
9 Perpetual risks not included above 7596642100
deposit premiums on same
Business in the State of Georgia During the Year
8492712 00
28 Gross risks written in8nr
Less 168811500 risks cancelled and 807548
ance in companies authored m Georgia
5997049 00
Net risks written 7
29 Gross premiums on risks written
Less 2175933 return premiums and 1505
Lums for reinsurance in companies authorized in Qa V
95620 34
Net premiums received 48048 23
10 losses paid deducting salvage
30 1 ses on risks reinsured in companies authorized in
Less losses on
Georgia
5064 49
Net losses paid
u Losses jk companiesauthorized in
Less losses on risus remsuieu i
Georgia
42983 71
48587 95
5668 33
Not losses incurred
42919 62
COMPTKOLLElvGrKN ERAL g REPORT
143
FIREMANS FUND FIRE INSURANCE COMPANY OF
SAN FRANCISCO CALIFORNIA
Win 1 Dutton President Louis Weinmann Secretary
Edgar L Wilson Manager Attorney for Service in Georgia
ICapita Stock
1 Amount of capital paid up
in cash 1500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 8612788 39
4 Ivxtended at 8612788 39
IT Income
5 Gross premiums 8989110 88
6 Deduct gross amount paid for reinsurance
fire 78619477 marine and inland 1
45725396 return premiums fire 844
54708 marine and inland 42834864 3516344 45
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
25650 accrued interest on mortgages
acquired during 1912
Gross interest on collateral loans
Gross interest on bonds and dividends on
stocks less 750825 accrued interest on
bonds acquired during 1912
Gross intrest on deposits in trust com
panies and banks
Gross interest from all other sources
Interest received on advices made on
marine losses
16 Gross rents from companys property in
cluding 1470000 for companys occu
pancy of its own buildings
5472766 43
10
11
12
13
55986 37
13407 45
247720 48
11190 18
1554 04
19333 00
17 Total gross interest and rents
18 From other sources Income from Schedule X
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 378500 stocks 2393000 total
28 Total income
349191 52
250 00
410 28
27715 00
5850333 23144
ComptbollerGexerals Report
IIIDisbursements
1 Gross amount paid policyholders for losses
including 57346678 occurring in pre
vious years 4296387 16
2 Deduct amount received for salvage fire
1509431 marine and inland 171
09427 reinsurance fire 45232459
marine and inland 75272930 discount
fire 87903 total 1392121 50

4
5
6
i
7
8
9
in
11
12
13
14
15
16
17
18
19
20
21
go
2
34
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 24599829 and expenses 10055487 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 1470000 for companys occupancy of its
own buildings
Advertising 3651665 printing and stationery 45
4701O total
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters Boards and Tariff Associations
Fire department lire 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 depart meet licenses and fees
All other licenses fees and taxes Federal corporation
tax 295023 franchise and municipal license 5J
1 1622 personal property tax 19099 total
Other disbursements Donations and charity
aid stockholders for interest or dividends amount de
clared during the year
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Ionds 10309111 stocks 135400 total
2903265 66
54046 88
963013 33
21548 41
346553 16
218215 63
32281 54
81992 75
10325 15
7624 62
6099 46
10909 73
58747 I
12068 26
21765 66
2846 15
6237 00
114802 29
30122 87
8687 44
1047 00
240000 00
2648 40
1 1663 10

41 Total disbursements

197012 499
10
12
16
17
18
19
24
30
34
38
40
41
ComptrollerGenerals Report 145
IVLedger Assets
Book value of real estate 473442 39
Mortgage loans on real estate 1004083 33
Loans secured by pledge of bonds stocks
or other collateral 430850 00
Book value of bonds 4828717 17 and
stocks 628668 50 total 5457385 67
Cash in companys office 7815 67
Deposits in trust companies and banks not
on interest 83831 75
Deposits in trust companies and banks on
interest 593984 03
Agents balances representing business
written subsequent to Oct 1 1912 1144954 45
Agents balances representing business
written prior to Oct 1 1912 43883 09
Bills receivable taken for marine and
inland risks 22860 30
Other ledger assets viz County and
school district warrants 3018 45
Total ledger assets 9266109 13
NonLedger Assets
Interest due 61850 and accrued 4
29972 on mortgages 4918 22
Interest accrued on bonds 79474 66
Interest accrued on collateral loans 512 11
Total 84904 99
Gross assets 9351014 12
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1912 43883 09
Book value of ledger assets over market
value viz Bonds and stocks 35764 56
Real estate 2442 39
Total admitted assets 9268924 08
VLiabilities
Iioss losses adjusted and unpaid not yet
due 59203 92
146 ComptrollerGenerals Report
2 Gross claims for losses in process of ad
justment or in suspense phis 30
40821 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date i 53552 88
3 Gross claims for losses resisted 90491 89
4 Total 903248 69
5 Deduct reinsurance due or accrued 416008 91
6 Net amount of unpaid losses and claims 487239 78
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 2193
10627 unearned premiums fifty per
cent 1096583 13
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 404670612 un
earned premiums pro rata 2115929 99
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired time and automobile risks
113955142 unearned premiums fifty
per cent 56977 70
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 30664 91
1 1 Total unearned premiums as computed above 3812953 3
18 Salaries rents expenses bills accounts fees etc due
or accrued 5000 00
L9 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 112000 00
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 187000 00
4 TCarned quarterly dividend to Dec 31 1912 not yet
declared 60000
26 Total amount of all liabilities except capital 4664193 51
27 Capita actually paid up En cash 1500000 00
28 Surplus over all liabilities 3114730 r7ComptrollerGenerals Report U
29 Surplus as regards policyholders 4604730 o7
30 Total liabilities 9268924 08
VIBisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
tear statement 674005184 9021854 58
2 Written or renewed during the year 1111289186 8989110 88
4 Total 1785294370 18010965 46
5 Deduct those expired and marked off as
ed 1099019670 8720668 52
terminated
6 In force at the end of the year 686274700 9290296 94
7 Deduct reinsurance schedule required 110206255 1880208 22
i s 576 068 445 7410088 72
8 Net amount in force 0DOT0
Business in the State of Georgia During the Year
10411156 00
28 Gross risks written
Less 164888400 risks cancelled and 120597200 re
insurance in companies authorized in Georgia 285483b
Net risks written
99 Gross premiums on risks written
Less 2552890 return premiums and 2025102 prem
iums for reinsurance in companies authorized in Ga
7576300 00
149648 96
45779 92
103869 04
Net premiums received 93 806 26
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized 111
Georgia
21447 52
Net losses paid
31 Losses incurred 7
Less losses on risks reinsured in companies authorized in
G eorgia

72358 74
7929 22
14518 68
Net losses incurred
64774 54148
ComptrollerGexerals Eeport
FIREMANS INSURANCE COMPANY OF NEWARK N J
Daniel H Dunham President A H Hassinger Secretary
James L Riley 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 5549803 65
4 Extended at 5549803 65
IIIncome
5 Gross premiums 4276908 44
6 Deduct gross amount paid for reinsurance
fire 57258424 return premiums fire
68484596 total 1257430 20
7 Total premiums other than perpetual 3019478 24
9 Gross interest on mortgage loans less
16777 accrued interest on mortgages
acquired during 1912
11 Gross interest on bonds and dividends on
stocks less 52414 accrued interest on
bonds acquired during 1912
12 Gross intrest on deposits in trust com
panies and banks
16 Gross rents from companys property in
cluding 1100000 for companys occu
pancy of its own buildings
125645 97
115359 62
920 51
92828 70
17 Total gross interest and rents
23 Checks issued on which payment has been stopped
25 Prom agents balances previously charged off

334754 80
49 74
28 Total income t 3354290 L3
I I 1Disbursements
1 Gross amount paid policyholders for losses
including 20966495 occurring in pre
vious years 1574271 03
2 Deduct amount received for salvage fire
406777 reinsurance fire 140
54027 total 144608 04ComptrollerGenerals Heport
149
3 Net amount paid polieyholders for losses 1429662 99
4 Expenses of adjustment and settlement of losses 33687 27
5 oinmissions or brokerage 814391 78
Allowances to local agencies for miscellaneous agency
expenses 8860 04
7 Salaries 3521991 and expenses 3434034 of special
and general agents 69560 25
8 Salaries fees and all other charges of officers directors
trustees and home office employees 115271 52
9 Rents including 1100000 for companys occupancy of
its own buildings 19555 04
10 Advertising 428552 printing and stationery 18
22928 total 22514 80
1 I Postage telegrams telephone and express 17988 71
1 2 Legal expenses 1558 90
13 Furniture and fixtures 3031 63
14 Maps including corrections 9675 38
15 Underwriters Boards and Tariff Associations 30601 01
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 17773 51
17 Inspections and surveys 4260 83
18 Repairs and expenses other than taxes on real estate 35512 66
19 Taxes on real estate 21226 00
20 Insurance department licenses and fees 20264 78
21 State taxes on premiums 49257 02
22 All other licenses fees and taxes Federal corporation
tax 81662 personal city tax 100980 legal taxes
taxes on investments 223360 auditors fees 2
01495 total 0074 97
34 Paid stockholders for interest or dividends amount de
clared during the year 200000 00
38 Agents balances charged off 344 80
40 Gross decrease by adjustment in book value of ledger
assets viz Premiums on stocks and bonds purchased
during the year 56764 43
41 Total disbursements 2982838 38
IVLedger Assets
1 Book value of real estate 1036526 26
2 Mortgage loans on real estate 2626150 00
4 Book value of bonds 111177333 and
stocks 65705000 total 768823 33
5 Cash in companys office 7615 80
7 Deposits in trust companies and banks on
interest 54212 70150 ComptrollerGenerals Report
8 Agents balances representing business
written subsequent to Oct 1 1912 424348 92
9 Agents balances representing business
written prior to Oct 1 1912 3578 39
5921255 40
16 Total ledger assets v
NonLedger Assets
17 Interest due 230928 and accrued 34
68104 on mortgages 36990 32
18 Interest accrued on bonds 13812 07
23 Rents due on companys property or lease 162 52
50964 91
24 Total
26 Market value not including interest in item 18 ot
bonds and stocks over book value 8oian
6840357 18
30 Gross assets
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 19128578 39
u 6836778 79
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid not yet
159047 09
due
2 Gross claims for losses in process of ad
justment or in suspense 185566 83
3 Gross claims for losses resisted 20891 02
Total 365503 94
5 Deduct reinsurance due or accrued 74428 40
6 Net amount unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1470
312 72 unearned premiums fifty per
735156 36
cent r
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpiredComptrollerGeherais Report 151
fire risks running more than one year
from date of policy 382543055 un
earned premiums pro rata 2046421 83
11 Total unearned premiums as computed above 2781578 19
15 Principal unpaid on scrip or certificates of profits author
ized or ordered to be redeemed
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 be
come due to agents and brokers
25 Total amount of all liabilities except capital 3113539 30
27 Capital actually paid up in cash Iltllll Z
28 Surplus over all liabilities UoZ6J 49
o 703 239 49
29 Surplus as regards policyholders
6836778 79
30 Total liabilities
VIBisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement mmm 4276908 44
2 Written or renewed during the year dswwj
3 Excess of original premiums over
amount received for reinsurance
722718067 9472638 19
4 Total
5 Deduct those expired and marked off as
terminated
579 960 427 6023098 55
6 In force at the end of the year VJJJJ 2g
7 Deduct reinsurance schedule required 62o90o88
517369839 5295743 29
8 Net amount m force
Business in the State of Georgia During the Year
2022218 00
28 Gross risks written 481 36 00
Less 48136200 risks cancelled 152 ComptrollerGenerals Report
Net risks written 1540856 00
29 Gross premiums on risks written 29 742 12
Less 630125 return premiums 6 30125
Net premiums received 23440 87
Net losses paid 2934 S3
Net losses incurred S52 05
FIRST NATIONAL FIRE INSURANCE COMPANY OF
WASHINGTON D C
Robert J Wynne President F S Dudley Secretary
J H Hilsman Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 320000 00
4 Extended at 320000 00
IIIncome
5 Gross premiums 7513 41
6 Deduct gross amount paid for return prem
iums fire 254 53
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
37890 accrued interest on mortgages
acquired during 1912 740 64
11 Gross interest on bonds and dividends on
stocks 250 06
12 Gross intrest on deposits in trust com
panies and banks 222 26
17 Total gross interest and rents
IS From other sources Premium on stock
19 Exchange
2d Commission on investments
21 Capital and Surplus full paid not transferred to regular
account capital 67500 surplus 67500 total
22 Partial subscriptions lo capital and surplus capital 167
61250 surplus 16761250 total
23 Interest on subscriptions
7258 88
320000 00
3 90
555 00
1350 on
335225 0O
1 51ComptrollerGexerals Report
153
27 Gross increase by adjustment in book value of ledger
assets viz Real estate to bring same to apprasal value 210940 75
To provide for accrued interest and taxes for which
disbursements have been made on liability maintained 10955 80
28 Total income
IIIDisbursements
5 Commissions or brokerage
8 Salaries fees and all other charges of officers directors
trustees and home office employees
10 Advertising
11 Postage telegrams telephone and express
13 Furniture and fixtures
21 Insurance department licenses and fees
23 Other disbursements Supplies
25 Taxes and interest southern building
25 Interest on borrowed money
26 Discounts
27 Commission and expenses stock selling com 3990000
exp 4970000 total
28 Commission and expenses partial subs to stock com
7399126 exp 5963287 total
29 Taxes on capital
30 Expense investigation
31 Miscellaneous
32 Accrued interest on bonds purchased
41 Total disbursements
887503 74
2720 53
4149 40
2 Hi
1 10
150 00
218 00
490 85
8277 78
1722 22
9 08
89600 00
133624 13
28 00
4854 80
565 54
754 79
247168 22
IVLedger Assets

11 Book value of real estate equity 350
00000 less balance due on purchase
price 481845 total 34518155
4 Book value of bonds 301838 25
2 Mortgage loans on real estate 143850 00
6 Deposits in trust companies and banks not
on interest 3o000 00
7 Deposits in trust companies and banks on
interest 124740 54
8 Agents balances representing business
written subsequent to Oct 1 1912 4538 35
2 Trust fund 1255 47154
im ptbollekGeneeals Report
14 Duo from Tuttle Wightman and Dudley
acct overdxawal of expenses
15 Protested checks in course of adjustment
3806 36
125 00
16 Total ledger assets
960335 52
NonLedger Assets
17 Interest accrued on mortgages
18 Interest accrued on bonds
23 Rents due net less disbursements on acct
building
2936 15
2038 61
8379 19
24 Total
27 Interest in assets of Southern Bldg Corporation
30 Gross assets
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value viz Bonds
39 Overdraft Tuttle Wightman and Dudley
Inc
40 Protested checks in course of adjustment
988 25
3806 36
125 00
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid
162 HI
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance veceiv
ed and receivable upon all uncxpired
fire risks running one year or less from
aate of policy including interest prem
iums on perpetual fire riBks 607576
unearned premiums pro rata I
8 Gross premiums less reinsurance recen
1 and receivable upon all uncxpired
Bre risks running more than one year
from date of policy 118312 unearned
premiums pro rata
717 05
1162 20
13353 95
606 84
974296 31
4919 lil
969376 70
162 50
11 Total unearned premiums as computed above
16 Interest due or accrued
690925
4729 17ComptrollerGenerals Report
155
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 145 07
23 All other liabilities viz Accrued taxes on building 3228 63
24 Accrued Bills on building
25 Due minority stock holders Southern Bldg Corp
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 320000 00
27 Not transferred to regular acct 675 00
28 Partial subscriptions to stock 167612 50
28 Surplus over all liabilities 464179 37
29 Surplus as regards policyholders
878 53
16909 83
952406 87
30 Total liabilities 69376 70
VIRisks and Premiums
Fire Risks Premiums Thereon
2 Written or renewed during the year 539942 00 7513 41
5 Deduct those expired and marked off as
terminated 11050 00 254 53
8 Net amount in force if 528892 00
7258 88
FITCHBURG MUTUAL FIRE INSURANCE COMPANY OF
FITCHBURG MASSACHUSETTS
Lincoln R Welch President Chester A Clegg Secretary
P Wade Vaughan Attorney for Service in Georgia
ICapital Stock
2 Amount of lodger assets as per balance
December 31 of previous year 244791 48
4 Extended at 244791 48
IIIncome
5 Gross premiums 195534 10
6 Deduct gross amount paid for reinsurance
fire 809714 return premiums fire
1248106 total 20578 20
7 Total premiums other than perpetual 174955 90m
156
om ptrollerGenerals Report
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 25029 accrued interest on
bonds acquired during 1912
12 Gross intrest on deposits in trust com
panies and banks
16 Gross rents from companys property in
cluding 147500 for companys occu
pancy of its own buildings
17 Total gross interest and rents
25 From agents balances previously charged off
874 42
6993 4i
350 14
5578 30
13796 32
sl 07
28 Total income
188837 29
111 Disbursements
1 Gross amount paid policyholders for losses
including 5406 occurring in previous
years 59698 76
2 Deduct amount received for salvage fire
10723 reinsurance tire 85427 061 50
10
11
12
13
14
15
16
17
IS
19
20
21
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Com missions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 230000 and expenses 180630 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents including 1175on for companys occupancy of its
own buildings
Advertising 113658 printing and stationery 189060
Postage telegrams telephone and express
Legal expenses
Fu rniture and fixtures
Maps including corrections
Underwriters Boards and tariff Associations
Fire department fire patrol and salvage Corps assess
ments fees taxes and expenses
Inspectionsc and surveys
1epairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
1 nsurance department licenses and fees
58737 26
1046 31
is728 59
166 53
11116 30
1271
76
1475 00
3027 18
1311 az
24 00
980 91
1088 68
439 37
115 35
7655 25
27HO 14
922 71
2160 66
1980 73ComptrollerGenerals Report 157
22 All other licenses fees and taxes Federal corporation
tax 112148
23 Other disbursements Notes payable 500000 interest
on notes payable 12597 sundry expense 45190
office 4372 total 5621 59
33 Dividends or expiration return of premium 41421 39
38 Agents balances charged off 78 55
41 Total disbursements 167622 11
IVLedger Assets
1 Book value of real estate 60000 00
2 Mortgage loans on real estate first liens 7480 00
4 Book value of bonds 10679785 and
stocks 6636549 172163 34
5 Cash in companys office 97 40
7 Deposits in trust companies and banks on
interest 11115 09
8 Agents balances representing business
written subsequent to Oct 1 1912 15248 23
16 Total lerger assets 266006 66
NonLedger Assets
17 Interest accrued on mortgages 115 83
18 Interest accrued on bonds 1297 61
23 Bents due 536 00
24 Tota I i 949 44
26 Market value not including interest in item 18 of
bonds and stocks over book value 6476 66
30 Cfross assets 274432 76
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 1199 19
2 Gross claims for losses in process of ad
justment or in suspense 5300 75
3 Gross claims for losses resisted 1500 00
4 Total 7999 94
5 Deduct reinsurance due or accrued 49 37
6 Net amount of unpaid losses and claims 7950 57158
ComptrollerGeneral s Report
35683 38
119052 59
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks
8 Gross premiums lessreinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 239727 10 un
earned premiums pro rata
11 Total unearned premiums as computed above 74735 9
17 Dividends declared and unpaid to policy holders
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 569 15
21 Reinsurance premiums
26 Total amount of all liabilities except capital 187980 14
28 Surplus over all liabilities J
274432 76
2642 07
429 66
30 Total Liabilities
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
195534 10
years statement
2 Written or renewed during the year 13561AJA m
4 Total
Deduct those expired and marked off as
terminated
38781040 00 536171 05
11861886 00 171949 24
In force at the end of tl year 26919154 00 364221 81
schedule required 1109890 00 1312 95
25809264 00 351093
7 Deduct reinsurance sc
8 Net amount in force
Business in the State of Georgia During tin Year

28 Gross risks written
Less 960000 risks cancelled
98300 00
9600 00
Net risks written
88700 00ComptrollebGtenebal s Repoet
159
29 Gross premiums on risks written
Less 30000 return premiums
Net premiums received
Net losses paid
Net losses incurred
2771 17
300 30
2470 87
415 00
415 00
THE FRANKLIN FIRE INSURANCE COMPANY OF PHILADELPHIA
PENNSYLVANIA
Alfred E Duncan President Edgar P Luce Secretary
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 3399288 48
4 Extended at 3399288 48
ITIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 19369756 return premiums fire
30076237 tola
1879343 99
494459 93
7 Total premiums other than perpetual 1384884 06
8 Deposit premiums written on perpetual
risks gross
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 79112 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
16 Gross rents from companys property in
cluding 600000 for companys occu
pancy of its own buildings
11081 56
2231 19
73 33
109539 96
1548 85
8174 00
17 Total gross interest and rents
18 From other sources Transfers
121567 33
693 00160
ComptrollekGenerals Report
26 Gross profit on sale or maturity of ledger assets viz
Bonds
1152 28
28 Total income 1519378 23
IIIDisbursements
1 Gross amount paid policyholders for losses
including 3277397 occurring in pre
vious years 959629 54
2 Deduct amount received for salvage fire
325038 reinsurance fire 8482177 88072 15
3 Net amount paid polieyholders for losses 871557 39
4 Expenses of adjustment and settlement of losses 16498 68
5 Commissions or brokerage 291143 12
6 Allowances to local agencies for miscellaneous agency
expenses 4906 57
7 Salaries 3477600 and expenses 3717819 of special
and general agents 71954 19
S Salaries fees and all other charges of officers directors
trustees and home office employees 78156 S8
9 Bents including 600000 for companys occupancy of its
own buildings 9793 05
10 Advertising 590079 printing and stationery 765784 13558 63
11 Postage telegrams telephone and express 11293 22
12 Legal expenses 344 30
13 Furniture and fixtures 530 90
14 Maps including corrections 6706 22
15 Underwriters Boards and Tariff Associations 19557 92
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 2658 08
17 Inspections and surveys 5850 77
18 Bepairs and expenses other than taxes or real estate 975 37
19 Taxes on real setate 1937 93
20 State taxes on premiums 30893 61
21 Insurance department licenses and fees 13493 77
22 All other licenses fees and taxes Federal corporation
tax 1356 47
Penna state tax on capita stock 3256 80
23 Other disbursements Incidentals board fees gas elec
tricity etc 4827 37
33 Deposit premiums returned 34429 44
34 Paid stockholders for interest or dividends amount de
clared during the year 6000000 59997 00
38 Agents balances charged off 163 76
ComptrollerGenerals Eeport 161
39 Gross loss on sale or maturity of ledger assets viz
Bonds 2479 67
41 Total disbursements 1558321 41
IVLedger Assets
1 Book value of real estate 146444 53
2 Mortgage loans on real estate 36535 00
4 Book value of bonds 274657361 and
stocks 723400 2753807 61
5 Cash in companys office 1824 07
7 Deposits in trust companies and banks on
interest 122873 89
8 Agents balances representing business
written subsequent to October 1 1912 293649 54
9 Agents balances representing business
written prior to Oct 1 1912 5210 66
16 Total ledger assets 3360345 30
NonLedger Assets
17 Interest accrued on mortgages 548 02
18 Interest accrued on bonds 35609 88
24 Total 36157 90
25 Market value of real1 estate over book value 16555 47
30 Gross assets 3413058 67
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 5210 66
38 Book value of ledger assets over market
value viz Bonds 45032 61
41 Total admitted assets 33628 L5 40
VLiabilities
1 Gross losses adjusted and unpaid 33535 15
2 Gross claims for losses in process of ad
justment or in suspense plus 589564
reserve for losses incurred prior to162 ComptrollerGenerals Report
December 31 of which no notice had
been received on that date 141734 82
3 Gross claims for losses resisted 9 414 81
Total 184684 78
5 Deduct reinsurance due or accrued 29815 85
6 Net amount of unpaid losses and claims 154 868 93
7 Gross premiums loss reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 970
05669 unearned premiums fifty per
eent 485028 34
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 148507922 un
earned premiums pro rata 809 669 59
11 Total unearned premiums ns computed above 1294 697 93
12 Amount reclaimable by the insured on perpetual fire
insurance policies being 95 per cent 20189244 90
per cent 48929989 of the premium or deposit re
ceived 691192 33
17 Dividends declared and unpaid to stockholders 6 00
18 Salaries rents expenses bills accounts fees etc due
or accrued 1 o q0
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 09 740 03
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 30 0HH 66
21 Return premiums 1585930 reinsurance premiums 12
01748 total 27 876 78
26 Total amount of all liabilities except capital 2220962 66
27 Capita actually paid up in cash 500000 00
28 Surplus over all liabilities 641852 74
29 Surplus as regards policyholders 1141 852 74
30 Total liabilities 3362815 4028
20
30
ComptrollerGenerals Report 163
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 240573109 2448443 31
Written or renewed during the year 174168106 1879343 99
Total 414741215 4327787 30
Deduct those expired and marked off as
terminated 169187167 1659055 43
In force at the end of the year 245554048 2668731 87
Deduct amount reinsured schedule re
quired 18479760 213595 96
Net amount in force 227074288 2455435 91
Business in the State of Georgia During the Year
Gross risks written 1468431 00
Less 22233900 risks cancelled and 9811250 reinsur
ance in companies authorized in Georgia 320411 50
Net risks written 1147979 50
Gross premiums on risks written 22848 5 I
Less 320050 return premiums and 416161 premiums
for reinsurance in companies authorized in Georgia 4362 11
Net premiums received 18486 43
Losses paid deducting salvage 6529 94
Less losses on risks reinsured in companies authorized in
Georgia 1314 53
Net losses paid 5215 41
Losses incurred 6068 71
Less losses on risks reinsured in companies authorized in
Georgia 1024 23
Net losses incurred 5044 48164
ComptrollerGenerals Eeport
GERMAN ALLIANCE FIRE INSURANCE COMPANY OF NEW YORK
William N Kremer President Charles G Smith Secretary
S Y Tupper Jr 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 1849840 95
4 Extended at 1849840 95
IIIncome
5 Gross premiums 3321584 52
6 Deduct gross amount paid for reinsurance
tire 211072081 return premiums fire
59754447 total 2708265 28
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 28111 accrued interest on
bonds acquired during 1912
12 Gross intrest on deposits in trust com
panies and banks
13 Gross interest from all other sources
On subscription payment for stocks
2141 00
73263 5
495 49
212 00
17 Total gross interest and rents

28 Total income
I 1 1Disbursements
1 Gross amount paid policyholders for losses
including 23659315 occurring in pre
vious years 1575141 14
2 Deduct amount received for salvage fire
2969623 reinsurance fire 1188
66381 discount fire 39149 total 391 49
3 Net amounl Said policyholders for losses
t Expenses of adjustment and settlement of losses
5 Commissions or brokerage

613319 24
76020 02
689339 26
356389 61
5852 58
165981 91ComptrollerGenerals Report
165
8 Salaries fees and all other charges of officers directors
trustees and home office employees
11 Postage telegrams telephone and express
16 Pire department fire patrol and salvage corps assess
ments fees taxes and expenses
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax
Municipal 157963 county 7088 total
23 Other disbursements Miscellaneous office expenses
34 Paid stockholders for interest or dividends amount de
clared during the year
39 Gross loss on sale or maturity of ledger assets viz
Stocks
2700 00
441 40
3226 02
10171 40
2250 62
41 Total disbursements
839 28
1650 51
280 50
60000 00
200 00
609983 83
IVLedger Assets
Mortgage loans or real estate 55000 00
Book value of bonds 69354686 and
stocks 100641638 total 1699963 24
Cash in companys office 280 00
Deposits in trust companies and banks on
interest 21615 28
Agents balances representing business
written subsequent to Oct 1 1912 152337 86
Total ledger assets
NonLedger Assets
1 7 756 25
18 7388 50
Total
M 8144 75

30 1937341 13
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value viz Bonds 6418686 Stocks
660238 total
70789 24
41 Total admitted assets 1866551 89166 ComptbollebGenkkals Report
VLiabilities
1 Gross losses adjusted and unpaid 44 623 19
2 Gross claims for losses in process of ad
justment or in suspense plus 1500000
reserve for losses incurred prior to Dee
31 of which no notice had been received
on that date 256797 00
3 Gross claims for losses resisted 35 168 00
Total 336588 19
5 Deduct reinsurance due or accrued 234 344 00
6 Net amount of unpaid tosses and claims 102244 19
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 423
78743 unearned premiums fifty per
ceilt 211893 71
S Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 46111174 un
earntd premiums pro rata 254180 43
11 Total unearned premiums as computed above 466174 U
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement j0 000
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 45 970 00
26 Total amount of all liabilities except capital 624288 33
27 Capital actually paid up in cash 400000 00
28 Surpus over all liabilities 842 263 56
29 Surplus as regards policyholders 1 242 263 56
30 Total liabilities 186656 89
VIRisks and Premiums
1 T11 force on the 31 day of December as
per line 5 under this heading in last
Fire Risks Premiums ThereonComptbollebGtEneeals Report 167
years statement 448748831 4161115 40
2 Written or renewed luring the year 318117512 3321584 52
4 Total 766866343 7482699 92
5 Deduct those expired and marked off as
terminated 327335490 3020079 46
6 In force at the end of the year 439530853 4462020 46
7 Deduct reinsurance schedule rtquired 351449102 3577121 29
8 Net amount in force 88081751 884899 17
Business in the State of Georgia During the Year
28 Cross risks written 2498394 00
Less 43690700 risks cancelled 436907 00
Net risks written 2061487 00
29 Gross premiums on risks written 39123 83
Less return premiums 5009 52
Net premiums received 34114 31
Net losses paid 23079 56
Net losses incurred 21869 20
GERMAN AMERICAN FIRE INSURANCE COMPANY OF NEW YORK
William N Kremer President Charles G Smith Secretary
S Y Tupper 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 20794977 69
4 Extended at
20794977 89
IIIncome
5 Gross premiums 14096453 94
6 Deduct gross amount paid for reinsurance
fire 306610782 return premiums fire
25601 6644 total 5626274 26168 ComptrollerGenerals Report
7 Total premiums other than perpetual 8470179 68
9 Gross interest on mortgage loans 10189 81
11 Gross interest on bonds and dividends on
stocks less 545379 accrued interest ou
bonds acquired during 1912 758490 12
12 Gross interest on deposits in trust com
panies and banks 10483 15
13 Gross interest from all other sources
On subscription payments for bonds and
stocks 11100 dividend on Eastman
Kodak Co stock disposed of Dec 1911
66750 total 778 50
11 On deferred payment of agents balances
14805 prepayment of taxes 16529
prepayment of accounts to Cologne
Reinsurance Co 318966 total 3503 00
15 On Philadelphia Underwriters Associa
tion deposit 9 45
ICi Iross rents from companys property in
cluding 5574375 for companys occu
pancy of its own buildings 228851 03
17 Total gross interest and rents 1012305 06
19 Premiums collected on business placed with other com
panies 6790 58
20 Loan 1500000 00
21 Settlement of fire loss on companys office building ai
Rochester N Y 3 761 71
25 From agents balances previously charged off 1849 70
26 Gross profit on sale or maturity of ledger assets viz
Bonds 16483 21
Stocks 207478 68
28 Total income 11218848 62
IIIDisbursements
1 Gross amount paid policyholders for losses
including 111534280 occurring in
previous years 6514136 93
2 Deduct amount received for salvage fire
8494443 reinsurance fire 1715
11686 Discount fire 159011 total 1837651 40
3 Net amount paid policyholders for losses 4076485 53
4 Expenses of adjustment and settlement of losses 115066 57
5 Commissions or brokerage 1 560933 77ComptrollerGenerals Report
169
6 Allowances to local agencies for miscellaneous agency
expenses 1401 13
7 Salaries 360529 and expenses 13583094 of special and
general agents 496360 14
8 Salaries fees and all other chajges of officers directors
trustees and home office employees 316704 15
9 Rents including 5574375 for eompanys occupancy of
its own buildings 77475 34
10 Advertising 2142051 printing and stationery 65
14091 total 86651 42
11 Postage telegrams telephone and express 70161 20
12 Legal expenses 7857 95
13 Furniture and fixtures 15063 22
14 Maps including corrections 23632 08
15 Underwriters Boards and Tariff Associations 101937 20
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 45999 18
17 Inspections and surveys 66639 37
18 Repairs and expenses other than taxes on real estate 90292 71
19 Taxes on real estate 31551 46
20 State taxes on premiums 138429 93
21 Insurance department licenses and fees 36571 17
22 All other licenses fees and taxes Federal corporation
tax 8592 45
Municipal 2252289 county 101055 total 23533 44
23 Other disbursements Loan 1500000 00
25 Interest S4fi 27
26 Mercantile agency reports special reports and reference
books 10067 79
27 Premiums on business placed with other companies 7875 47
28 Settlement of fire losses on companys office building at
Rochester N T 3761 71
29 Miscellaneous office expenses 3847 16
34 Paid stockholders for interest or dividends amount de
clared during the year 600000 00
38 Agents balances charged off 802 71
39 Gross loss on sale or maturity of ledger assets viz
Bonds 4720 00
Stocks 2751 90
41 Total disbursements 10133422 42
TVLedger Assets
1 Book value of real estate 2675166 73
2 Mortgage loans on real estate 108800 00
4 Book value of bonds 921642601 and
stocks 749043423 16706860 24170 COMFTROtiLERGtelSrEBAIiS EePORT
5 Cash in companys office 1257 14
6 Deposits in trust companies and banks not
on interest 129490 53
7 Deposits in trust companies and banks on
interest 455617 88
8 Agents balances representing business
written subsequent to Oct 1 1912 1756171 81
9 Agents balances representing business
written prior to Oct 1 1912 32039 56
13 Furniture fixtures and safes 15000 00
16 Total ledger assets 21880403 89
NonLedger Assets
17 Interest accrued on mortgages 2505 00
18 Interest accrued on bonds 133986 16
20 Interest accrued on other assets 2760 98
23 rents due 3384 85
24 Total 142636 99
Deduct Assets Not Admitted
33 Furniture fixtures and safes 15000 00
34 Agents balances representing business
written prior to Oct 1 1912 32039 56
38 Book value of ledger assets over market
value viz Bonds 51942201 stocks
1298723 total 132409 24
40 Real estate 205166 73
II Total admitted assets 21238425 35
VLiabilities
1 Gross losses adjusted and unpaid 112855 00
2 Iross claims for losses in process of ad
justment or in suspense plus 4500000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 1037707 00
3 dross claims for losses resisted 101986 00
I Total 1252548 00
5 Deduct reinsurance due or accrued 432023 52
6 Nel amount of unpaid losses and claims 820524 28ComptrollerGenerals Report 171
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 5113
34281 unearned premiums fifty per
eent 2556671 40
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 1143046234 un
earnedpremiums pro rata 5887507 06
11 Total unearned premiums as compared above 8444179 06
18 Salaries rents expenses bills accounts fees etc due
or accrued 22858 59
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this istatement 140 qqq qo
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 41 447 08
21 Return premiums 464008 reinsurance premiums 168
79830 total 173 438 38
23 All other liabilities viz Rents paid in advance 789 08
24 Premiums due or to become due on business planned
with other companies d 790 5
25 Real estate taxes accrued 12 000 00
26 Total amount of all liabilities except capital 9662027 17
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 9576398 18
29 Surplus as regards policyholders 11 576 393 g
30 Total liabilities 21238425 35
VIRisks and Premiums
Fire Risks Premiums Thereon
1 Tn force on the 31 day of December as
per line 5 under this heading in last
years statement 2064953845 19800996 23
2 Written or renewed during the year 1419993059 14096453 94
3 Excess of original premiums over
amount received for reinsurance 157 147 74
4 Tntal 3484946904 34064597 91172
CoMPTROLLEHG EN KRAL s REPORT
5 Deduct those expired and marked off as
terminated 1338242021 13398866 87
6 In force at the end of the year 2146704883 20665731 04
7 Deduct reinsurance schedule required 450926342 4121925 89
8 Net amount in force 1695778541 16543805 15
Business in the State of Georgia During the Year
28 Gross risks written 11462282 00
Less 193052400 risks cancelled and 12242100 re
insurance in companies authorized in Georgia 2052945 00
Net risks written 9409337 00
29 Gross premiums on risks written 177401 00
Less 2606184 return premiums and 223633 premiums
for reinsurance in companies authorized in Georgia 28298 17
Net premiums received 149102 83
30 Losses paid deducting salvage 91126 98
Less losses on risks reinsured in companies authorized in
Georgia 1956 34
Net losses paid 89170 64
31 Losses incurred 85813 85
Less losses on risks reinsured in companies authorized in
Georgia 410 07
Net losses incurred
1223 92
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK N Y
Hugo Schumann President Gustav Kehr Secretary
Home Office 62 William Sroot New Vork N Y
Samuel C Williams Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6999103 02
4 Extended at 6999103 02ComptrollerGeneral s Report
IIIncome
5 Gross premiums 3942524 17
fire 53776891 return premiums fire
351143 total 1031280 34
173
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 117501 accrued interest on
bonds acquired during 1912
12 Gross intrest on deposits in trust com
panies and banks
14 From branch office balances
15 From prepayment of real estate taxes
16 Gross rents from companys property in
cluding 2500000 for companys occu
pancy of its own buildings
23135 28
224406 54
8540 93
181 95
123 57
48485 00
2911243 83
17 Total gross interest and rents
IS From other sources Conscience money received
25 Agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
stocks
304873 27
2300 00
700 00
125724 59
28 Total income 3344841 69
IIIDisbursements
1 Gross amount paid policyholders for losses
including 19875553 occurring in pre
vious years 1628325 29
2 Deduct amount received for salvage fire
801046 reinsurance 29936582
discount fire 124591 total 308622 19
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 7934986 and expenses 4737680 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office eployes
9 Rents including 2500000 for companys occupancy of
its own buildings
1319703 10
74546 S7
630248 03
94094 92
126726 66
144045 36
31396 08174
ComptrollerGenerals Report
10
11
12
13
14
15
16
17
18
19
20
21
22
23
34
38
39
40
Advertising 477702 printing and stationery 14
34435 total
Postage telegrams telephone and express
Legal expenses
Furniture and lxtures
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 Federal corporation
tax 374185 municipal and county licenses and taxes
1055010 fire marshals taxes 406078 total
Other disbursements Appraisal of mortgaged property
and other expenses in connection with investments
50914 exchange 339092 subscriptions 102102
charity 18275 insurance premiums and surety bonds
90903 spring water ice towels cleaning rugs
104345 mercantile agencies 267750 auditing 1
80000 miscellaneous 6747 total
Paid stockholders for interest or dividends amount de
clared during the year
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Bonds 233650 stocks 55083 total
Gross decrease by adjustment in book value of ledger
assets viz Real estate
19121 37
21343 63
1422 50
3937 67
9901 58
655 92
23488 70
38980 06
16172 29
12261 00
54438 22
16456 23
18352 73
11601 28
200000 00
6233 U
2887 33
3966 10
41 Total disbursements 2887910 77
IVLedger Assets
1 Book value of real estate 750000 00
2 Mortgage loans on real estate first liens 130000 00
t Hook value of bonds 256232540 and
stocks 268672462 total 5249050 02
5 Cash in companys office 7431 92
0 Deposits in trust companies and banks not
on interest 32040 42
7 Deposits in trust companies and banks on
interest 483207 65
S Agents balances representing business
written subsequent to October 1 1912 497699 15ComptrollerGenerals Report 175
9 Agents balances representing business
written prior to October 11912 6604 78
16 Total ledger assets 7456033 94
NonLedger Assets
17 Interest accrued on mortgages 5905 00
18 Interest accrued on bonds 33427 34
23 Rents due 6500 and accrued 16666 on
companys property or lease 231 66
24 Total 39564 00
30 Gross assets 7495597 94
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 6604 78
38 Book value of ledger assets over market
value vis 269202 02
39 Cash in hands of branch office managers 6028 87
281835 67
41 Total admitted assets 7213762 27
VLiabilities
1 Gross losses adjusted and unpaid 113326 92
2 Gross claims for losses in process of ad
justment or in suspense plus 243284
reserve for losses incurred prior to Lee
31 of which no notice had been receiv
ed on that date 87202 06
3 Gross claims for losses resisted 37457 38
4 Total 237986 36
5 Deduct reinsurance due or accrued 55513 23
6 Net amount of unpaid losses and claims 182473 13
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1441
93958 unearned premiums fifty per
cent 720969 79176
ComptrollerGenerals Report
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 500316039 un
earned premiums pro rata 2579334 53
11 Total unearned premiums as computed above 3300304 32
18 Salaries rents expenses bills accounts fees etc due
or accrued 26063 92
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 50000 00
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 6606 20
21 Return premiums 74347 reinsurance premiums 33
75635 total 34499 82
26 Total amount of all liabilities except capital 359994739
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 2613814 88
29 Surplus as regards policyholders 3613814 88
30 Total liabilities 7213762 27
VIEisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
year s statement 740920103 7140534 72
2 Written or renewed during the yeai 397542317 3942524 17
4 Total 1138462420 11083058 89
5 Deduct those expired and marked off as
terminated 377643689 3816066 38
6 Ini one at Hie end of the year 760818731 7266992 51
7 Deduct amount reinsured schedule re
quired 74936958 821892 54
8 Net amount in force 685881773 6445099 97
Business in the State of Georgia During the Year
28 Gross risks written 5700512 00
Less 99817800 risks canceled and 5345000 reinsur
ance in companies authorized in Georgia 1051628 00ComptrollerGenerals Keport 177
N et risks written 4648884 00
29 Gross premiums on risks written 83710 62
Less 1146405 return premiums and 54218 premiums
for reinsurance in companies authorized in Georgia 12006 23
Net premiums received 71704 39
30 Losses paid deducting salvage 30589 73
Less losses on risks reinsured in companies authorized in
Georgia 7 60
Net losses paid 30582 13
31 Losses incurred 27498 51
Less losses on risks reinsured in companies authorized in
Georgia 7 60
Net losses incurred 27490 91
GEORGIA FIEE INSURANCE COMPANY OF POLK COUNTY
Wm J Harris President 0 M Ramspeck Secretary
Home Office Polk County Georgia Branch Office 722 Candler
Bldg Atlanta Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 293708 40
4 Extended at 293708 40
IIIncome
5 Gross premiums 263464 66
6 Deduct gross amount paid for reinsurance
fire 7293713 return premiums fire
3606479 total 109001 92
7 Total premiums other than perpetual
9 Gxoss interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks
12 Gross intrest on deposits in trust com
panies and banks
154462 74
6612 64
2421 20
1393 26178
OilPTEOLLEBGENEBALs EepOET
13 Gross interest from all other sources
Bills receivable
16 Gross rents from companys property
231 30
1148 00
17 Total Gross interest and rents
18 From other sources Com on reins
27 Gross increase by adjustment in book value of ledger
Stocks
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses
including 763656 occurring in pre
vious years
2 Deduct amount received for salvage fire
2054 reinsurance fire 4775795
117220 87
47778 49
9
10
11
12
13
14
18
20
21
oo
2
34
38
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 368000 and expenses 444422 of special and
general agents
Salaries fees and all other charges of officers directors
tustees and home office employees
Rents
Advertising 33839 printing and stationery 90175
Postage telegTams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Repairs and expenses other than taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Fire inspections tax
22012 municipal licenses 808579 total
Other disbursements exchange 32523 miscel expense
121378 discounts on B P 81821 total
Paid stockholders for interest or dividends amount de
clared during the year 1500000
Agents balances charged off
41 Total disbursements
VLedger Assets
1 Hook a I ne of real estate 12 000 00
Mortgage loans on real estate 112 073 In
11806 40
22670 36
4975 19
193914 69
69442 38
1284 43
53018 21
8124 22
19791 73
1391 81
1240 14
1267 21
16 67
240 50
814 70
263 09
666 35
1674 89
3285 91
2357 22
1 1722 50
178 67
179780 iComptroijekOkxekals Report 179
3 Loans secured by pledge of bonds stocks
or other collateral 4680 60
4 Book value of bonds and stocks 45560 69
5 ash in companys office 6158 48
6 Deposits in trust companies and banks not
on interest 25167 96
7 Deposits in trust companies and banks on
interest 26349 19
8 Agents balances representing business
written prior to October 1 1912 52718 83
9 Agents balances representing business
written prior to October 1 1912 1272 42
11 Bills receivable taken for fire risks 12576 52
12 Other ledger assets viz Sou Assn Fire
Jos 228 68
13 Due from Beins Co 8971 58
14 Due from specials 84 11
16 Total ledger assets 307842 46
NonLedger Assets
17 Interest due 282432 and accrued 1
74682 on mortgages 4571 14
20 Interest due on other assets Fire certif 1313 83
22 Bills recv accrued int 547 86
23 Bents due on companys property or lease 120 50
24 Total 6553 33
26 Market value not including interest in item 18 of
bonds and stocks over book value 3207 31
30 Gross assets 317603 10
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1912 1272 42
1272 42
41 Total admitted assets 316330 68
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 16959 12
3 Gross claims for losses resisted 1000 00180
ComptrollerGenerals Report
4 Total
5 Deduct reinsurance accrued
17959 12
5128 60
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 9036085
unearned premiums fifty per cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 12048638 un
earned premiums pro rata
45180 43
83754 51
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 100000 00
28 Surplus over all liabilities 72692 69
20 Surplus as regards policyholders
12830 52
11 Total unearned premiums as computed above 128934 94
17 Dividends declared and unpaid to stockholders 277 50
18 Salaries rents expenses bills accounts fees etc due
or accrued 345 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 1250 03
143637 99
172692 69
30 Total liabilities 316330 68
VI Risks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
year s statement
Written or renewed during the year
13318255 273561 10
12824941 Li464 66
4 Total
5 Deduct those expired and marked off as
terminated
26143196 537025 76
8943173 191581 76
i In nine at the end of the year 17200023 345444 00
7 Deduct amount reinsured schedule re
quired 5823870 134596 77
8 Net amount in force
11376153 210847ComptrollerGeneral s Report 181
Business in the State of Georgia During the Year
28 Goss risks written 13471612 OU
Less 130809200 risks cancelled and 391606100 re
insurance in companies authorized in Georgia 5224153 00
Net risks written 8247459 00
29 Gross premiums on risks written 224181 73
Less 2228656 return premiums and 7017127 prem
iums for reinsurance in Companies authorized in
Georgia 92457 83
Net premiums received 131723 90
30 Losses paid deducting salvage 96895 25
Less losses on risks reinsured in companies authorized in
Georgia 47175 75
Net losses paid 49719 50
31 Losses incurred 111562 29
Less losses on risks reinsured in companies authorized in
Georgia 51971 35
Net losses incurred 59590 94
GEORGIA HOME INSURANCE COMPANY OF COLUMBUS GA
Rhodes Browne President Wm C Coart Secretary
Home Office 1046 Broad St Columbus Ga
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 1039103 69
4 Extended at 1039103 69
IIIncome
5 Gross premiums 522443 23
6 Deduct gross amount paid for reinsurance
fire 12818474 return premiums fire
9400746 total
7 Total premiums other than perpetual
192 211
300251 03182
ComptrollerGeneral s Report
9 Gross interest on mortgage loans
10 Grross interest on collateral loans
11 Goss interest on bonds and dividends on
stocks less 76438 accrued interest on
bonds acquired during 1912
13 Gross interest from all other sources
From loans on personal security en
dorsed or not
16 Gross rents from companys property in
cluding 210000 for companys occu
pancy of its own buildings
6142 70
431 35
103770 35
959 91
5978 54
17 Total gross interest and rents d
26 Gross profit on sale or maturity of ledger assets viz
Real estate 250000 bonds 18750 stocks 68000
27 Gross increase by adjustment in book value of ledger
assets viz Real estate 1500000 bonds 64500
Stocks 1006600 total
28 Total income
117282 85
3367 50
25741 00
446612 38
IIIDisbursements
Gross amount paid policyholders for losses
including 6251290 occurring in pre
vious yeaTs
Deduct amount received for salvage fire
153259 reinsurance fire 9585250
discount fire 6895 total
407036 74
97454 04
9
10
11
12
13
14
15
Net amount paid policyholders for lossesjf
Expenses of adjustment and settlement of losses
Commissions or Brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 1177500 and expenses 1204135 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 210000 for companys occupancy of
its own buildings
Advertising 176016 printing and stationery 2
60987 total
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters Boards and Tariff Associations
309582 70
4739 37
53018 17
6140 75
23816 35
30090 35
3634 83
4370 03
2887 61
2543 44
2 17
1498 76
9699 17ComptrollerGenerals Report 183
18 Eepairs and expenses other than taxes on real estate 229 82
19 Taxes on real estate 1982 75
20 State taxes on premiums 8665 10
21 Insurance Department licenses and fees 3872 14
22 All other licenses fees and taxes Federal corporation
tax 3111 personal state county and city taxes
608493 municipal and other taxes and licenses 8
26692 total 14382 96
23 Other disbursements Miscellaneous and officers expenses
711364 borrowed money 12000000 interest on
above 311699 total 130230 63
39 Gross loss on sale or maturity of ledger assets viz
Real estate 115000 bonds 53560 stocks 1378750 15473 10
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 145000 stocks 9546550 total 96915 50
41 Total disbursements 724381 70
IVLedger Assets
1 Book value of real estate 60000 00
2 Mortgage loans on real estate first liens 52375 00
3 Loans secured by pledge of bonds stocks
or other collateral 14370 00
4 Book value of bonds 20000500 and
stocks 300880 total 500885 00
5 Cash in companys office 10917 93
6 Deposits in trust companies and banks not
on interest 32623 80
8 Agents balances representing business
written subsequent to October 1 1912 77982 58
9 Agents balances representing business
written prior to October 1 1912 5307 48
12 Other ledger assets viz Loans on personal
security endorsed or not 6872 58
16 Total ledger assets 761334 Zi
NonLedger Assets
17 Interest due 29050 and accrued 3
18092 on mortgages 3471 42
18 Interest accrued on bonds 1050 00
19 Interest accrued on collateral loans 37 84
24Total l55926
27 Other nonledger assets viz Due from reinsurance cotn
ii 9 I 44
panies on losses paid
f 775173 07
30 Gross asset s 184 ComptrollerGeneral s Beport
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1912 5307 48
36 Loans on persona security endorsed or not 6872 58
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid 25054 11
2 Gross claims for losses in process of ad
justment or in suspense plus 683458
reserve for losses incurred prior to
December 31 of which no notice had
been received on that date 35746 70
3 Gross claims for losses resisted 7 600 00
4 Total 68400 81
5 Deduct reinsurance due or accrued 16 898 15
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 196
36755 unearned premiums fifty per
cent 98183 77
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 40857836 un
earned premiums pro rata 209093 08
11 Total unearned premiums as computed above
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
23 All other liabilities viz Interest paid in advance on
collateral loans
26 Total amount of all liabilities except capital
7 Capital actually paid up in cash 300000 00
28 Surplus over all liabilities 94206 12
12180 06
762993 01
51502 60
307276 85 1000 00
9000 00
7 38
iis78f 89
ComptrollerGenerals Report 185
29 Surplus as regards policyholders 394200 12
30 Total liabilities 762993 01
VI Risks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 107663530 1327238 65
2 Written or renewed during the year 31486069 522443 23
4 Total 139149599 184968188
5 Deduct those expired and marked off as
terminated 72418232 868846 36
6 In force at the end of the year 66731367 980835 52
7 Deduct amount reinsured schedule re
quired 31781035 375889 61
8 Net amount in force 34950332 604945 91
Business in the State of Georgia During the Year
28 Gross risks written 5902277 00
Less 114871300 risks cancelled 1148703 00
Net risks written 4753574 00
29 Gross premiums on risks written 94687 59
Less 10931 26 return premiums 10931 26
Net premiums received 83756 54
30 Losses paid deducting salvage 89371 54
Less losses on risks reinsured in companies authorized in
Georgia 4089 97
Net losses paid 85281 57
31 Losses incurred 84S77 71
Less losses on risks reinsured in companies authorized in
Georgia 2107 88
Net losses incurred 82769 83386
ComptrollerGenerals Report
GIKAED FIRE AND MAEINE INSUBANCE COMPANY OF
PHILADELPHIA PENNSYLVANIA
Henry M Gratz President Edward T Thomason Secretary
Jno A Whitner Attorney for Service in Georgia
TCapital Stock
1 Amount of capita paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2536885 80
4 Extended at 2536885 SO
IIIncome
5 Gross premiums 1339176 96
6 Deduct gross amount paid for reinsurance
fire 28956817 return premiums fire
213060 85 total 502629 52
7 Total premiums other than perpetual
8 Deposit premiums written on perpetual
risks gross
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 2688 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
14 Philadelphia Underwriters deposit
15 Bills receivable
16 Gross rents from companys property in
cluding 900000 for companys occu
pancy of its own buildings
836547 44
8805 30
9766 48
1408 45
80063 07
633 38
6 30
69 89
17333 96
17 Total gross interest and rents
19 Return premiums on perpetual reinsurance policies
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
111281 53
220 50
2911 10
28 Total income
959765 87Com ptkolleeGenerats Report
187
IIIDisbursements
1 Gross amount paid jiolicyhoJders for losses
including 6925964 occurring in pre
vious years 520961 07
2 Deduct amount received for salvage fire
495135 reinsurance fire 10853558 113486 93
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
25
26
27
28
29
30
31
32
33
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 1234331 and expenses 1075810 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents including 900000 for companys occupancy of
its own buildings
Advertising 105372 printing and stationery 8
35585 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
Bepairs 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
Licenses city and county
Capital stock tax
Other disbursements Investment expense
Interest on bills payable
Auditing books of department offices
General agents bond
Christmas presents
Electricity
Notary fees
Insurance on furniture and fixtures
Incidentals
Deposit premiums returned
407474 14
10161 08
218791 43
5156 52
23101 41
62604 10
12561 78
9409 57
2767 46
835 80
658 19
3157 45
8753 75
9479 97
3470 92
4016 43
4053 28
10381 85
8126 95
719 63
2434 97
3957 59
148 50
169 44
100 00
156 25
471 11
321 40
65 25
240 23
604 72
25805 85
188 ComptrollerGenerals Report
34 Paid stockholders for interest or dividends amount de
clared during the year 100000 00
38 Agents balances charged off 18 39
39 Gross loss on sale or maturity of ledger assets viz
Real estate 1616 19
Stocks 11 50
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 1384 28
41 Total disbursements 943187 38
IVLedger Assets
1 Book value of real estate 211497
2 Mortgage loans on real estate 189700 00
3 Loans secured by pledge of bonds stocks
or other collateral 34700 00
4 Book value of bonds 172887136 and
stocks 14381680 1872688 16
5 Cash in companys office 7623 58
7 Deposits in trust companies and banks on
interest 97877 03
8 Agents balances representing business
written subsequent to Oct 1 1912 133718 55
9 Agents balances representing business
written prior to Oct 1 1912 1807 19
11 Bills receivable taken for fire risks 3039 96
13 Philadelphia Underwriters deposit 100 00
14 Perpetual policies of insurance on com
pany s real estate 712 50
16 Total ledger assets 2553464 29
NonLedger Assets
17 Interest accrued on mortgages 2393 42
18 Interest accrued on bonds 24937 95
19 Interest accrued on collateral loans 511 61
24 Total 27842 98
25 Market value of real estate over book value 55752 68
27 Other nonledger assets viz Unearned portion of prem
iums on fire insurance policies covering companys real
estate 1076 85
30 Gross assets 2638136 80ComptrollerGenerals Beport 189
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct T 1912 1807 19
38 Book value of ledger assets over market
value viz 82424 91
41 Total admitted assets 2553904 70
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 73517 00
3 Gross claims for losses resisted 3800 00
4 Total 77317 00
5 Deduct reinsurance due or accrued 19267 00
6 Net amount of unpaid losses and claims 58050 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 442
85209 unearned premiums fifty per
cent 221426 04
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 138583701 un
earned premiums pro rata 732362 16
11 Total unearned premiums as computed above 953788 20
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received 598814 30
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 3500 00
26 Total amount of all liabilities except capital 1614152 50
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 439752 20
29 Surplus as regards policyholders 939752 20
30 Total liabilities 2553904 70190
ComptrollerGenerals Repokt
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per iine 5 under this heading in last
years statement 234954871 2194020 11
Written or renewed during the year 129132589 1339170 9i
Lxeess of original premiums over
amount received for reinsurance 2 297 21
Total 364087460 3535994 28
Deduct those expired and marked off as
terminated 115249973 1236498 63
In force at the end of the year 248837487 2299495 05
Deduct reinsurance schedule required 39637268 470806 55
28
29
Net amount in force 209210219 1828689 10
Business in the State of Georgia During the Yeu
3160731 oo
1702471 00
Gross risks written
Less 62115100 risks cancelled and 108132000 re
insurance in companies authorized in Georgia
Net risks written L45S260 00
Gross premiums on risks written 59451 48
Less 867931 return premiums and 2084958 premiums
for reinsurance in companies authorized in Georgia 295218 89
30
31
Net premiums received 29925 59
Losses paid deducting salvage 14 199 57
Less losses on risks reinsured in companies authorized in
Georgia I I so 31
Net losses paid
Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia

10013 20
13586 57
579 31
Net losses incurred
loiiu 26ComptrollerGenerals Repohj
191
GLENS FALLS FIEE INSURANCE COMPANY OF GLENS FALLS
NEW YORK
J L Cunningham President
E W West Secretary
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 5571203 27
4 Extended at 5571203 27
IIIncome
Fire Marine and Inland
5 Gross premiums 2866019 38 87450 00
6 Deduct gross amount paid
for reinsurance fire
37803218 marine and
inland 607715 return
premiums fire 393
13564 marine and in
land 1295945 total 771167 82 19036 60
7 Total premiums other than
perpetual 209485156 68413 40
9 Gross interest on mortgage loans less
6319 accrued interest on mortgages
acquired during 1912 96270 89
11 Goss interest on bonds and dividends on
stocks less 75880 accrued interest on
bonds acquired during 1912 138948 13
12 Gross intrest on deposits in trust com
panies and banks 20345 36
13 Gross interest from all other sources
Phila Und Assn 630 Reins Bureau
4866 real estate contracts 18621 241 17
16 Gross rents from companys property in
eluding 25000 for companys occu
pancy of its own buildings 1160 31
2163264 96
17 Total gross interest and rents 256965 86
26 Gross profit on sale or maturity of ledger assets viz
Bonds 125000 stocks 44800 total 1698 00192
omptbollebGtenebaxs Report
Gross increase by adjustment in book value of ledger
assets viz Bonds 1059375 stocks 1090000
214 7
28 Total income 2 443422 57
illDisbursements
Fire
1 Gross amount paid policy
holders for losses in
eluding 18114900 oc
curring in previous
years 1349489 53
2 Deduct amount received for
salvage fire 696757
marine and inland
37600 reinsurance fire
23517845 marine and
inland 71946 dis
count fire 92968 total 243075 70
Marine and Inland
17262 32
1095 46
10
11
12
13
14
15
16
17
18
19
20
21
Net amount paid policy
holders for losses1106413 83 16166 86 1122580 09
Expenses of adjustment and settlement of losses 43844 27
Commissions or brokerage 453957 06
Allowances to local agencies for miscellaneous agency
expenses 990 00
Salaries 10280244 and expenses 4811457 of special
and general agents 150917 01
Salaries fees and all other charges of officers directors
trustees and home office employees 74397 2S
Bents including 25000 for companys occupancy of its
own buildings 11189 51
Advertising 516852 printing and stationery 19
53848 total 24707 00
Postage telegrams telephone and express 18540 33
Legal expenses 659 67
Furniture and fixtures 607 89
Maps including corrections 6043 79
Inderwriters Boards and Tariff Associations 24935 97
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 7966 39
Inspections and surveys L2 017 68
Bepairs and expenses other than taxes on real estate 66 31
Ta ves on real estate i 99 131
State taxes on premiums 33 152 10
Insurance department licenses and fees 10955 00CoafPTROLLEKGuNEBALS REPORT
193
34
37
38
40
41
All other licenses fees and taxes Federal corporation
tax 362837 local town and county tax 3150
licenses and tax 602987 pub statements 25748
state taxes 19500 tax on mortgages 119855 total
Other disbursements Office expenses Glens Falls and
Chicago 781460 charged profit and loss on new
office bldg 8500000 chgd profit and loss on ad
justment Western Dept acct 152620 total
Paid stockholders for interest or dividends amount de
clared during the year
Decrease in liabilities during the year on account of re
insurance treaties
Agents balances charged off
Gross decrease by adjustment in book value of ledger
assets viz Bonds 10517 stocks 1918500 total
Total disbursements 2346
1 L340 77
94340 80
210000 00
770 13
864 91
29702 00
446 17
IVLedger Assets
1 Book value of real estate 117613 02
2 Mortgage loans on real estate 1922860 00
4 Book value of bonds 229454251 and
stocks 37033000 2664872 51
5 Cash in companys office 6065 86
7 Deposits in trust companies and banks on
interest 613910 63
8 Agents balances representing business
written subsequent to October 1 1912 333837 80
9 Agents balances representing business
written prior to Oct 1 1912 8919 85
12 Other ledger assets viz Cash dep with
Phila TJnd Assn 100 00
16 Total ledger assets 5668179 67
NonLedger Assets
17 Interest due 673462 and accrued 6
56431 on mortgages 13298 93
18 Interest accrued on bonds 37299 75
19 Interest accrued on collateral loans 1393 53
23 Rents due 196 00
24 Total 52188 21
30 Gross assets 5720367 88194 COMPTfiOLLEKGENEBALs REPORT
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 8 919 85
ah m 8919 85
40 Total admitted assets 57U8 03
VLiabilities
1 Gross losses adjusted and unpaid 37 638 9
2 Gross claims for losses in process of ad
justment or in suspense plus 15
52600 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date 196 380 90
3 Gross claims for losses resisted 26 750 00
4 Total 260769 09
5 Deduct reinsurance due or accrued 53 308 09
6 Net amount of unpaid losses and claims 207 461 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of polic including interest prem
iums on perpetual fire risks 1031
32042 unearned premiums fifty per
cent 515660 21
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 340602539 un
earned premiums pro rata 1776373 19
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
6841300 unearned premiums fifty
T 34206 70
11 Total unearned premiums as computed above 2326 240 10
17 Dividends declared and unpaid to stockholders 125000 00
18 Salaries rents expenses bills accounts fees etc due
r accrued
it 2000 00
19 Estimated amount hereafter payable for federal state
anI oilier taxes based upon the business of the year
of tWs dement 0Q
il Return prermums lg gflComptrollerGenerals Report
195
23 All other liabilities viz Reserve for Contingent on
mortgage loans
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 500000 00
28 Surplus as regards policyholders 2486705 67
20000 00
2724742 36
2986705 67
29 Surplus as regards policyholders
30 Total liabilities 5711448 03
Business in the State of Georgia During the Year
28 Gross risks written
Less 93299400 risks cancelled and 106971500 re
insurance in companies authorized in Georgia
Net risks written
29 Gross premiums on risks written
Less 1134202 return premiums and 2229515 premiums
for reinsurance in companies authorized in Georgia
5490064 00
2002709 00
3487355 00
79226 58
33637 17
Net premiums received
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
45589 41
48302 77
19001 41
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorizedin
Georgia
29301 36
51657 22
19001 41
Net losses incurred
32655 81
GLOBE RUTGERS FIRE INSURANCE COMPANY OF NEW YORK
E C Jameson President VV H Paulison Secretary
Home Office 111 William Street New York City
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 6501890 98
4 Extended at 6501890 98396
ComptrollerGenerals Report
5650020 10
1843066 17
IIIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 90439820 return premiums fire
93866797 total
7 Total premiums other than perpetual o S05 q Q
Gross interest on mortgage loans W53 3
11 Goss interest on bonds and dividends on
stocks less 622231 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
15 Miscellaneous
16 Gross rents from companys property in
cluding companys occupancy of its
own buildings
254707 90
2430 98
12 till
5542 00
17 Total gross interest and rents
19 Mercantile National Hank in liquidation
26 Gross profit on sale or maturity of ledger assets viz
stocks
28 Total income
11 Disbursements
Gross amount paid policyholders for losses
including 28434485 occurring in pre
vious years
Deduct amount received for salvage fire
1350676 reinsurance fire 37602186
discount fire 378067 total
2456909 32
393309 29
9
10
11
12
13
14
15
16
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 218601 printing apd stationery jsM 39
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters Boards and Tariff Associations
Fre delartn Patrol and salvage corps assess
ments fees taxes and expenses
268758 48
19912 50
8345 20
4103970 11
2063600 03
35705 s
659985 49
120432 00
9742 50
8830 40
5506 68
4660 12
1945 67
3052 91
19162 69
13668 83ComptrollerGeneral s Report
197
17
18
19
20
21
22
23
26
28
30
31
32
34
39
40
41
Inspections and surveys
Bepairs 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 270630 franchise tax 1173918 total
Other disbursements Premiums on bonds of agents and
various states
Subscriptions to papers and medcantile agencies
Exchange on agents drafts
Interest on borrowed money
Paid account borrowed money
Miscellaneous
Paid stockholders for interest or dividends amount de
clared during the year
Gross loss on sale or maturity of ledger assets viz
Stocks
Gross decrease by adjustment in book value of ledger
assets viz stocks
9372 66
557 92
1939 96
40295 10
3488 40
14465 48
1299 14
555 79
2097 31
22886 14
30000 00
390 92
160000 00
21007 85
19912 50
Total disbursements 3274568 36
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Book value of bonds 222322993 and
stocks 391869994
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 Agents balances representing business
written subsequent to October 1 1912
9 Agents balances representing business
written prior to October 1 1912
72945 00
108700 00
6141929 87
952 91
55085 81
60111 12
862994 00
28574 02
16 Total ledger assets
7331292 73
NonLedger Assets
17
18
24
30
Interest accrued on mortgages
Interest accrued on bonds
1643 70
28147 67
Total
Gross assets
29791 37
7361 084 10198 ComptrollerGenerals Report
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October I 1912 28574 02
38 Book value of ledger assets over market
value 83102 37
111676 39
41 Total admitted assets 7249407 71
VLiabilities
1 Gross losses adjusted and unpaid 93 63 00
Gross claims for losses in process of ad
justment or in suspense pins 1000000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 534 0 qq
3 Gross claims for losses resisted 39158 00
4 Total 697036 00
5 Deduct reinsurance due or accrued in
companies authorized in New York 164316 00
6 Net amount of unpaid losses and claims 532 720 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual Are risks 3333
83353 unearned premiums fifty per
ent 1666916 76
8 iniss premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 215852697 un
earned premiums pro rata 1 038 053 86
n Total unearned premiums as computed above 2704970 62
IS Salaries rents expenses bills accounts fees etc due
or accrued
n 2OO0 00
19 Estimated amount hereafter payable for federal state
and other taxes bused upon the business of the year
f is emnt 25000 00ComptkolleeGexerals Keport
199
20
22
26
27
28
Commissions brokerage and other charges due or to be
come due to agents and brokers 49992 21
Due and to become due for borrowed money 335000 00
Total amount of all liabilities except capital 3649682 83
Capital actually paid up in cash 400000 00
Surplus over all liabilities 3199724 88
3599724 88
Total liabilities 7249407 71
VI Risks and Premiums
29 Surplus as regards policyholders
30
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 459452093 5384286 11
Written or renewed during the year 473916992 5650020 10
Excess of original premiums over
amount received for reinsurance 404853 09
Total 933369085 11439159 30
Deduct those expired and marked off as
terminated 408650256 5343263 57
In force at the end of the year 524718829 6095895 73
Deduct amount reinsured schedule re
quired 47629688 603535 23
Net amount in force 477089141 5492360 50
Business in the State of Georgia During the Year
28 Gross risks written 5163258 00
Less 1555478 risks cancelled and 52863900 reinsur
ance in companies authorized in Georgia 2084117 00
Net risks written 3079141 00
29 Gross premiums on risks written 63870 86
Less 1202750 return premiums and 758747 prem
iums for reinsurance in companies authorized in Ga 19614 97
Net premiums received 4425o 89
30 Losses paid deducting salvage 30295 12
Less losses on risks reinsured in companies authorized in
Georgia 1 72200 ComptrollerGeneral s Report
Net losses paid
3 I Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
30293 40
18522 37
229 72
1S292 65
GREAT SOUTHERN FIRE INSURANCE COMPANY OF LYNDON KY
William H Cox President
W 1 Ruby Secretary
Home Office Lyndon Kentucky
William A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 243730 00
4 Stock subscriptions
IIIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 1021781 return premiums Are
516069 total
1047 7
1537S 50
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
U Goss interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust com
panies and banks
225 00
34 58
2271 7d
2639 29
17 Total gross interest and rents
18 From other sources Commissions on reinsurance
38 Total income
IIIDisbursements
1 Gross amount paid policyholders for
losses
2 Deduct amount received for reinsurance
fire
12949 27
665 35
760700 00
52669 28
5220 57
2963 S7
60853 72ComptrollerGeneral s Report
201
9
10
11
12
13
14
15
16
Net amount paid polieykolders for losses 12283 92
Expenses of adjustment and settlement of losses 548 92
Commissions or brokerage 12219 85
Salaries 113950 and expenses 54353 of special and
general agents 1683 03
Salaries fees and all other charges of officers directors
trustees and horfie office employees
Bents
Advertising 52705 printing and stationer 133331
Postage telegrams telephone an dexpress
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
All other licenses fees and taxes City and county tax
9310 agents municipal license 30800 total
Other disbursements Commissions on sale of stock 174
57807 preliminary organization expense 1298400
exchange 1128 inevstment expense 1970 general
general expense 71933 total 188312 38
10327 85
1241 50
1860 36
969 17
1566 62
2572 45
1185 40
209 94
35 18
401 10
41 Total disbursements
235417 67
IVLedger Assets

2 Mortgage loans onreal estate
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds 26750 00 and
stocks 80000
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 Agents balances representing business
written subsequent to July 1 1913
9 Agents balances representing business
written prior to July 1 1913
10 Bills receivable taken stock
13 Accounts receivable
14 County claim Magoffins Co
15 Stock subscription
16 Total ledge
ssets
265566 66
25000 00
27550 00
3 81
70080 80
13204 69
11743 93
3112 14
25632 75
2501 54
2423 73
139226 00
586136 05
202 ComptrollerGenerals Keport
NonLedger Assets
17 Interest accrued on mortgages 3083 24
18 Interest aceruud on bonds 2314 50
19 Interest accrued on collateral loans 500 00
20 Interest accrued on county claims 24 10
24 Total
30 Gross assets
Deduct Assets Not Admitted
5922 24
59205s 29
34 Agents balances representing business
written prior to July 1 1913 3112 14
35 Bills receivable unsecured on stock 35632 75
38 Book value of ledger assets over market
value viz accounts receivable 2591 54
40 Stock subscriptions 139226 00
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid 5918 10
5 Deduct reinsurance due or accrued 17 90
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 14726 46
8 Gross premiums less reinsur ace receiv
ed and receivable upon nil unexpired
fire risks running more than one year
from date of policy 17417 51
11 Total unearned premiums as computed above
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 be
come due to agents and brokers
178162 43
413995 86
5900 00
1214 97
1402 115
28 00
828 45ComptrollerGeneral s Report
21
23
24
26
29 Surplus as regards polieyholders
30
203
Reinsurance premiums 2314 14
All other liabilities viz Expense settlement of claims 42 98
Partial payments on stock 75777 25
Total amount of all liabilities except capital 118437 04
Capital actually paid up in cash 243730 00
Surplus over all liabilities 51828 82
295558 82
Total liabilities 413995 86
VIRisks and Premiums
Fire Risks Premiums Thereon
Written or renewed during the year 4225519 00 68047 78
Deduct those expired and marked off as
terminated 443380 00 6770 67
In force at the end of the year 3782139 00 61277 Jl
Deduct amount reinsured schedule re
quired 865359 00 11239 14
8 Net amount in force 2916780 00 500037 97
UNITED STATES BRANCH HAMBURGBREMEN FIRE INSURANCE
COMPANY OF HAMBURG GERMANY
G H Karmmerer President H C Buchenberger Managing Director
Y F Patillo Attorney for Service in Georgia
TCapital Stock
1 Amount of capital paid up
in cash 615000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1928838 32
IIIncome
5 Gross premiums 2168638 51
6 Deduct gross amount paid for reinsurance
fire 51672660 return premiums fire
30963867 total 826365 27
7 Total premiums other than perpetual
1342273 24204
ComptrollerGenerals Keport
11 Gross interest on bonds and dividends on
stocks less 1053 accrued interest on
bonds acquired during 19112 68365 41
12 Gross interest on deposits in trust com
panies and banks 498 30
14 Interest on unlisted assets 130 00
15 Miscellaneous 20 20
17 Total gross interets and rents 69013 91
19 Received from home office 25709 33
20 Borrowed money 65000 00
25 From agents balances previously charged off 19 04
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 5448 75
28 Total income 1507464 27
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 14709345 occurring in pre
vious years 1059020 81
2 Deduct amount received for salvage fire
962289 reinsurance fire 232
05070 discount fire 63292 total 242306 51

10
II
12
13
14
L5
Hi
17
20
21
Net amount paid polieyholders for losses 810714 30
Expenses of adjustment and settlement of losses 24288 47
Commissions or brokerage 236809 00
Allowances to local agencies for miscellaneous agency
expenses 1006 36
Salaries 6822395 and expenses 2495410 of special and
general agents 931 8 05
Salaries fees and all other charges of officers directors
trustees and home office employees 72870 59
Bents 20396 in
Advertising 483869 printing and stationery 13
li 1126 total 18449 95
Postage telegrams telephone and express 14107 02
Legal expenses 1295 52
Furniture and fixtures 2425 7 4
Maps including corrections 4913 30
Underwriters Boards and Tariff Associations 18553 39
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 14581 89
Inspections and surveys 7286 71
State taxes on premiums 27si 4 54
Insurance department licenses and fees 7353 20ComptrollekGesterals Report 205
22 All other licenses fees and taxes State licenses 185999
city and county licenses 606171 city and county
taxes and Fees 313908 total 11360 78
23 Other disbursements Commercial agency 198950
auditors fees 30000 exchange 52215 subscrip
tions to jeriodieals 20070 premiums on surety bonds
of employees 227 50 borrowed money repaid 65
00000 interest on borrowed money 121949 total 69459 14
32 Remitted to home office 17 974 10
39 Gross loss on sale or maturity of ledger assets viz
Bonds 50 25
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 9410 00
41 Total disbursements 1490380 51
IVLedger Assets
4 Book value of bonds 1634038 SO
7 Deposits in trust companies and banks on
interest 84079 61
8 Agents balances representing business
written subsequent to October 1 1912 224354 96
9 Agents balances representing business
written prior to Oct 1 1912 3448 71
16 Total ledger assets 1945922 08
NonLedger Assets
18 Interest accrued on bonds 23037 72
23037 72
24 Total 1968959 80
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 3448 71
38 Book value of ledger assets over market
value 1608 SO
5057 51
41 Total admitted assets 1963902 29206 ComptrollerGenerals Eeport
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 920000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 187015 00
3 Gross claims for losses resisted 22890 00
4 Total 209905 00
5 Deduct reinsurance due or accrued 58255 00
6 Net amount of unpaid losses and claims 151650 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 81378024
unearned premiums fifty per cent 406890 12
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 151110894 un
earned premiums pro rata 809531 13
11 Total unearned premiums as computed above 1216421 25
18 Salaries rents expenses bills accounts fees etc due
or accrued 00 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 27500 00
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 1 399 g
21 Reinsurance premiums 3453 53
26 Total amount of all liabilities except capital 1407924 59
27 Deposit capital 215000 00
28 Surplus over all liabilities 349977 70
29 Surplus as regards policyholders 555977 70
30 Total liabilities 963902 21
VI Risks ami Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 251495848 2948480 37
ComptrollerGenerals Report
Written or renewed during the year 181403561
Excess of original premiums over
amount received for reinsurance
207
2168638 5J
9596 14
Total 432899419 5126715 02
Deduct those expired and marked off as
terminated 163867464 1996429 57
In force at the end of the year 269031945 3130285 45
Deduct reinsurance schedule required 65749329 805396 27
Net amount in force 203282616 2324889 18
Business in the State of Georgia During the Year
28
29
Gross risks written 2788618 00
Less 12164500 risks cancelled and 2058500 reinsur
ance in companies authorized in Georgia 142230 00
Net risks written 2646388 00
Gross premiums on risks written 45135 59
Less 530542 return premiums and 91699 premiums for
reinsurance in companies authorized in Georgia 6222 41
31
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
38913 18
21239 28
3953 24
17286 04
20184 28
1453 24
Net losses incurred
18731 04
THE HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y
R Emory Warfield President Joseph McCord Secretary
James L Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid vip
in cash 1000000 00208
ComptkollerGtenebals Eepoet
2 Amount of ledger assets as per balance
December 31 of previous year 4570085 75
4 Extended at 4570085 7c
IIInec
5 Gross premiums 3857378 24
6 DeTiuct gross amount paid for reinsurance
fire 61731042 return premiums fire
46720651 total 1084516 73
Total premiums other than perpetual 2772861 51
9 Gxoss interest on mortgage loans
11 Goss interest on bonds and dividends on
stocks less 40056 accrued interest on
bonds acquired during 1912
12 Gross interest on deposit in trust com
panies and banks
14 On deposit at Chicago Genl Agency
16 Gross rents from companys property in
cluding 1800000 for companys occu
pancy of its own buildings
175 00
139292 04
1131 77
147 12
72663 62
17 Total gross interest and rents
25 From agents balances previously charged off
26 dross profit on sale or maturity of ledger assets viz
Bonds
213409 55
209 76
3873 00
28 Total income 2990 355 82
111 Disbursements
1 Gross amount paid policyholders for losses
including 27150660 occurring in pre
vious years 1640659 53
2 Deduct amount received for salvage fire
1109511 reinsurance fire 33870110
discount fire 114274 total 34993s 94
3 Net amount paid policyholders for losses 129072059
4 Expenses of adjustment and settlement of losses 103375 37
5 Commissions or brokerage ggg 71 rj
7 Salaries 8493667 and expenses 3469045 of special and
general agents 119 627 12
8 Salaries fees and all other charges of officers directors
trustees andhome office employees g ogg ComptbolleeGenebals Repoet
209
9 Rents including 1801000 for companys occupancy of
its own buildings 25335 77
10 Advertising 1334174 printing and stationery 16
83944 total 30181 18
11 Postage telegrams telephone and express 23170 02
12 Legal expenses 775 95
13 Furniture and fixtures 7648 28
14 Maps including corrections 11008 07
15 Underwriters Boards and Tariff Associations 14665 54
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 21063 98
17 Inspections and surveys 34606 23
18 Repairs and expenses other than taxes on real estate 24316 83
19 Taxes on real estate 15476 20
20 State taxes on premiums 45105 00
21 Insurance department licenses and fees 15894 14
22 All other licenses fees and taxes Federal corporation
tax 440 54
Local state county and city taxes and fees 9846 27
24 Auditing book L950 00
25 Commercial reports 2953 00
26 Insurance of office furniture 800 23
27 Office expenses and supplies 3233 08
28 Bonds of cashiers 210 00
34 Paid stockholders for interest or dividends amount de
clared during the year 160000 00
38 Agents balances charged off 677 14
39 Gross loss on sale or maturity of ledger assets viz
Bonds 39250 stocks 283200 total 5224 50
41 Total disbursements 2771031 45
TVLedger Assets
1 Book value of real estate 906581 06
2 Mortgage loans on real estate 3500 00
4 Book value of bonds 197096634 and
stocks 124076614 821 932 98
5 Cash in companys office 4288 50
6 Deposits in trust companies and banks not
on interest 18503 3
7 Deposits in trust companies and banks on
interest 214478 07
8 Agents balances representing business
written subsequent to Oct 1 1912 428174 77
9 Agents balances representing business
written prior to Oct 1 1912 1951 01
16 Total ledger assets 4789410 12210 ComptbollebGenebals Report
NonLedger Assets
17 Interest accrued on mortgages 14 58
18 Interest accrued on bonds 27 732 45
23 Rents due on companys property or lease 587 50
24 Total 28334 53
25 Market value of real estate over book value 222891 94
28 Unpaid reinsurance on paid losses 8 888 39
30 Gross assets 5049524 98
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 1951 01
38 Book value of ledger assets over market
value 61914 18
6365 19
41 Total admitted assets 4985 658 99
VLiabilities
1 Gross losses adjusted and unpaid 74551 55
2 Gross claims for losses in process of ad
justment or in suspense 245758 72
3 Gross claims for losses resisted 8 490 32
Total 338800 59
5 Deduct reinsurance due or accrued 78878 18
j Net amount of unpaid losses and claims k 259922 41
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1549
42224 unearned premiums fifty per
cent 774711 42
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 371947435 un
earned premiums pro rata 1926 380 17
11 Total unearned premiums us computed above 2701091 59ComptrollerGenerals Report
211
18
19
20
21
24
26
27
28
29
30
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
Commissions brokerage and other charges due or to be
come due to agents and brokers
Return premiums 635198 reinsurance premiums 42
56460 total
Rents paid in advance
9251 43
45000 00
6880 77
48916 58
3004 13
Total amount of all liabilities except capital 3074066 91
Capital actually paid up in cash 1000000 00
Surplus over all liabilities 911592 08
Surplus as regards policyholders
Total liabilities
1911592 08
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 497285122 83 5108278 24
2 Written or renewed during the year 406380259 00 3857378 24
3 Excess of original premiums over
amount received for reinsurance 440004 76
4 Totals903665381 83 9405661 24
5 Deduct those expired and marked off as
terminated 312637752 50 3315263 72
6 In force at the end of the year 591027629 33 6090397 52
7 Deduct amount reinsured schedule re
quired 83750911 72 821500 33
8 Net amount in force507276717 61 5268897 IS
Business in the State of Georgia During the Year
28 Gross risks written 299918900
Less 59074200 risks cancelled and 54748600 reinsur
ance in companies authorized in Georgia 1138228 00
Net risks written 1860961 l0212 ComptrollerGenerals Eeport
29 Gross premiums on risks written 42 41 20
Less 793602 return premiums and 104701 premiums
for reinsurance in companies authorized in Georgia 8983 03
Xet premiums received 33 42S 17
30 Losses paid deducting salvage 21188 99
Less losses on risks reinsured in companies authorized in
GeorSia 106 61
Net losses paid 21082 38
31 Losses incurred o on a
Less losses on risks reinsured in companies authorized in
Georgia 30 90
Net losses incurred 20 266 64
HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN
Chas E Chase President s E Locke Secretary
Home Office 125 Trumbull Street Hartford Conn
Egleston Prescott Attorneys 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 24756809 82
4 Extended at 24756809 82
11Income
Fire Marine and Inland
5 Gross premiums 19593630 85 1157973 07
6 Deduct gross amount
paid for reinsurance
Are 227185631 ma
rine and inland 196
13040 return prem
iums fire 2628
20622 marine and in
land 21227047 4900062 53 408400 s
7 Total premiums other
than PWPetual 14693568 32 749572 20 15443140 52ComptrollerGexeral s Report
213
9 Gross interest on mortgage loans 24284 02
10 Gross interest on collateral loans 384 74
11 Gross interest on bonds and dividends on
stocks less 1094080 accrued interest
on bonds acquired during 1912 927895 46
12 Gross intrest on deposits in trust com
panies and banks 17008 50
13 Gross interest from all other sources 144 00
4 Interest on deferred rental 5 05
15 Interest on deposit with inspection bureau
and on county warrants 230
16 Gross rents from companys property in
cluding 3000000 for companys occu
pancy of its own buildings 52254 58
17 Total gross interest and rents 1 022004 i 1
18 From other sources Sale of fractional share of Montreal
stork 5685 rent on property previously sold 28500
premium on exchange of bonds 83750 borro wed
money 10000000 conscience money 27799 taxes
recovered on property previously sold 6238 final
dividend in liquidation Farmers and Mechanics Nat
ional Bank 36600 total101885 72
24 Increase in liabilities during the year on account of re
insurance treaties 25599 01
25 From agents balances previously charged off 590 79
26 Gross profit on sale or maturity of ledger assets viz
Bonds 106925 stocks 4574935 total 46818 60
28 Total income 16640039 35
IIIDisbursements
Fire Marine and Inland
1 Gross amount paid policy
holders for losses in
cluding 116742376 oc
curring in previous
years 9476548 19 354880 23
2 Deduct amount received
for salvage fire 88
91461 marine and in
land 1449256 reinsur
ance fire 119550158
marine and inland 20
99401 total 1284416 19 35486 57
3 Net amount paid policy
holders for losses 8192132 00 319393 66 8511525 66
214
ComptrollerGexerals Report
4 Expenses of adjustment and settlement of losses
5 ommissians or brokerage
7 Salaries 49514479 and expenses 26569067 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Bents including 3000000 for companys occupancy of
its own buildings
10 Advertising 6207688 printing and stationery 125
15601 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Bepairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax 1254588 county and municipal taxes and
licenses 5195220 state tax on capital stock 129
99890 total
23 Other disbursements Borrowed money repaid 10000000
interest on borrowed money 57221 interest on re
serve held for reinsurance companies 2001716
commercial ratings 1005719 water ice and toilet
articles 417966 insurance on companys property
and interests 284528 newspaper and periodicals
2214 65 total
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
Real estate 66502 bonds 656928 total
40 Gross decrease by adjustment in book value of ledger
assets viz Beal estate 607385 bonds 83750
stocks 5685 total
169247 96
2866603 86
760835 46
649532 30
120092 71
187232 89
112682 9T
13224 88
18735 40
34636 51
217673 48
79433 96
69216 30
20522 01
10855 07
261995 74
51278 35
194496 98
139886 15
700000 00
4417 99
7234 30
6968 20
11
Total disbursements 15208329 13
1YLedger Assets
1 Book value of real estate 754887 61
2 Mortgage loans on real estate 618666 67ComptrollerGenerals Report 215
3 Loans secured by pledge of bonds stocks
or other collateral 6000 00
4 Book value of bonds 1955386363 and
stocks 152401940 21077883 03
5 Cash in companys office 5579 36
6 Deposit in trust companies and banks not
on interest 111409 28
7 Deposits in trust companies and banks on
interest 1252527 12
8 Agents balances representing business
written subsequent to Oct 1 1912 2299010 96
9 Agents balances representing business
written prior to Oct 1 1912 62556 01
16 Total ledger assets 26188520 04
NonLedger Assets
17 Interest accrued on mortgages 4678 80
18 Interest accrued on bonds 262533 23
19 Interest accrued on collateral loans 157 21
23 Rents accrued on companys property or
lease 1320 99
24 Total 268690 23
26 Market value not including interest in item 18 of bonds
and stocks over book value 99951 56
30 Gross assets 26557161 83
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1912 62556 01
38 Book value of ledger assets over market
value viz Real estate 2287 61
64843 62
41 Total admitted assets 26492318 21
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 500545 74
2 Griiss claims for losses in process of ad
justment or in snpsense 871311 76
3 Gross claims for losses resisted 1019 77216 ComptbolleeGexeeals Bepoet
4J l0tf 147379127
o Deduct reinsurance due or accrued 199 420 63
6 Net amount of unpaid losses and claims 174 370 64
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
lire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 9269
00340 unearned premiums fifty per
eent 4034501 73
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 1687489269 un
earned premiums pro rata 8 904 612 79
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
66534375 unearned premiums fifty
ler Eellt 332671 88
11 Total unearned premiums as computed above 13 871 786 40
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 900 qqq qq
23 All other liabilities viz Due reinsurance companies
nder tieaty 382468 95
I Special reserve 250000 00
20 Total amount of all liabilities except capital 15978 625 99
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 8 513 692 22
29 Surplus as regards policyholders iq 513 go
Tota liabilities 26492318 21
VI Risks and Premiums
Fire Risks Premiums Thereon
1 In torce mi the 31 day of December as
per line 5 under this heading in last
years statement 2485152598 27505550 38
2 Written or renewed during the year 1774917946 19593630 85
Excess of original premiums over
amount received for reinsurance 12 938 53
4 Tota 4261170544 47112119 7029
ComptrollerGenerals Report 17
Deduct those expired and marked off as
terminated 1654362510 18701805 72
In force at the endof the year 2605708034 28410314 04
Deduct amount reinsured schedule re
quired 266127790 2266417 89
Net amount in force 2339580244 26143896 15
Business in the State of Georgia During the Year
Gross risks written 25252092
Less 421098500 risks canceled 4058618 00
Net risks written 21193474 00
Gross premiums on risks written 447915 34
Less 5219284 return premiums 49040 42
Net premiums received 397874 92
Net losses paid 19654002
Net losses incurred i 213299 99
THE HOME INSURANCE COMPANY OF NEW YORK
Elbridge G Snow President Arensh M Bartis Charles L Tyner Secys
G W Phillips Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capita paid up
in cash 3000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 32070752 78
4 Extended at 32070752 78
IIIncome
Fire Marine and Inland
5 Gross premiums 18527889 71 1154882 1
6 Deduct gross amount paid
for reinsurance fire
351523181 marine
and inland 3B3
49471 return prem218
ComptrollerGexeral s Keport
iums fire 2601
18739 marine and in
land 20868663
6116419 20
5421SI 34
7 Total premiums other
than perpetual 12411470 51 i
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 465453 accrued interest on
bonds acquired during 1912 1284861 57
12 Gross interest on deposits in trust com
panies and banks 29741 91
13 Gross interest from all other sources From
agents balances as accounted for by
said agents 2210 77
612700 80 13024171 31
1885 30
1318699 55
675 06
37 50
111568 19
17 Total gross interest and rents
18 Froin other sources Dividends unlisted securities
28334 conscience money 39172 total
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds 1319375 stocks 9837444 total
28 Total income 14455151 61
IIIDisbursements
Fire Marine and Inland
1 Gross amount paid policy
holders for losses8998533 88 544018 12
2 Deduct amount received
for salvage fire 56
t8345 marine and in
land 2922977 rein
surance fire 2353
22686 inarine and in
land 22356518 2409711 31 252794 95
3 Xet amount paid policy
holders for losses 6588823 57 291223 17 6880046 74
4 Expenses of adjustment and settlement of losses 155138 35
5 ciniinissions or brokerage 2518280 6J
6 Allowances to local agencies for miscellaneous agency
expenses 2890 48
7 Salaries 30120885 and expenses 12430982 of special
and general agents 425518 67
8 Salaries fees and all other charges of officers directors
trustees and home office employees 496 327 04ComptrollerGexerals Report 219
9 Rents 130489 58
10 Advertising 9370552 printing and stationery 143
45507 total 237160 59
11 Postage telegrams telephone and express 101770 93
12 Legal expenses 1850 11
13 Furniture and fixtures 11183 66
14 Maps including corrections 20253 49
15 Underwriters Boards and Tariff Associations 108290 00
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 45913 94
17 Inspections and surveys 103705 27
20 State taxes on premiums 292797 56
21 Insurance department licenses and fees 48681 51
22 All other licenses fees and taxes Federal corporation
tax 20973 82
23 Other disbursements Traveling expenses other than item
7 653175 exchange 1580046 lunch for officers
and home office employees 3915796 donations
60000 total 62090 17
34 Paid stockholders for interest or dividends amount de
clared during the year 1050000 00
38 Agents balances charged off 1258 98
39 Gross loss on sale or maturity of ledger assets viz
bonds 541000 stocks 2075000 total 26160 00
40 Gross decrease by adjustment in book value of ledger
Bonds n595 00
41 Total disbursements 12752376 50
IVLedger Assets
2 Mortgage loans on real estate first liens 21300 00
4 Book alue of bonds 1659060226 and
stocks 1287936367 total 29469965 93
6 Deposit in trust companies and banks not
on interest 43790 62
7 Deposits in trust companies and banks on
interest 1715704 09
8 Agents balances representing business
written subsequent to Oct 1 1912 2327747 89
9 Agents balances representing business
written prior to Oct 1 1912 109411 29
11 Bills receivable taken for fire risks 85608 07
16 Total ledger assets 33773527 89220
ComptkollerGenerals Report
NonLedger Assets
18 Interest accrued on bonds 226566 00
24 Total 226566 00
30 Gross assets 34000093 89
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 109411 29
35 Bills receivable past due taken for ma
rine inland and fire risks 85608 07
38 Book value of ledger assets over market
value viz Stocks and bonds 398639 93
41 Total admitted assets 33406434 60
VLiabilities
1 Gross losses adjusted arid unpaid not yet
due 279685 71
2 Gross claims for losses in process of ad
justment or in suspense plus 100
HioOO reserve for losses incurred prior
to December 31 of which no notice had
been received on that date 533496 15
3 Gross claims for losses resisted 119500 67
4 Total 1932682 53
5 Deduct reinsurance due or accrued 668685 20
6 Net amount of unpaid losses ami claims 1263997 33
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 7840
82800 unearned premiums fifty per
cent 3920414 00
8 Gross premiums less reinsurance receiv
ed ami receivable upon nil unexpired
fire risks running more than one year
from date of policy 1512361100 un
earned premiums pro rata 8026747 00
9 Gross premiums les reinsurance cash
and bills received and receivable uponCOMPTROLLERGrENERAL s REPORT
all imexpired inland navigation risks
63655200 unearned premiums fifty
per cent 318276 00
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 7598300
unearned premiums 100 per cent 75983 00
11 Total unearned premiums as computed above
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 be
come due to agents and brokers
21 Reinsurance premiums
23 All other liabilities Reserves a conflagration surplus
221
12341420 00
100000 00
200000 00
91201 86
258060 13
1800000 00
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 3000000 00
28 Surplus over all liabilities 14351755 28
29 Surplus as regards policyholders
30 Total liabilities
16054679 32
17351755 28
33406434 60
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 2531045376 25101353 00
2 Written or renewed during the year 2027945515 18527889 71
3 Excess of original premiums over
amount received for reinsurance 3 185 00
4 Total 4558990891 43632427 71
5 Deduct those expired and marked off as
terminated 1857217499 17137292 71
6 In force at the end of the year 2701773392 264951 00
7 Deduct amount reinsured schedule re
quired 3898973r 3530696 00
8 Net amount in force 2311875997 22964439 00222 ComptrollerGenerals Report
Business in the State of Georgia During the 1ear
28 Gross risks written 17125456 00
Less 1840785 00
Net risks written 15278671 00
29 Gross premiums on risks written 2205 83
Less return premiums 33476 01
Net premiums received 229029 82
Net losses paid 179090 28
Net losses incurred 170799 06
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA
Eugene L Ellison President T Houard Wright Secretary
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 16740126 98
ITIncome
5 Gross premiums 13169073 82
i Deduct gross amount paid for reinsurance
fire 114103860 marine and inland
116311167 return premiums five
113672677 marine and inland
42674665 total 3867623 69
7 Total premiums other than perpetual 9301450 13
8 Deposit premiums written on perpetual
risks gross 12911 S1
9 Gross interest on mortgage loans less
5556 accrued interest on mortgages
acquired during 1912 13648 17
11 Gross interest on bonds and dividends on
stocks less 981632 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Cross interest from all other sources
14 Branch office Bank balances
599688 39
21241 49
323 01
ComptrollerGeneral s Report
15 Deferred settlements ete 26 13
16 Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings 19190 41
223
17 Total gross interest and rents 654118 10
18 From other sources Perpetual permits transfers fees
and earned deposits 3028 73
25 From agents balances previously charged off 656 54
26 Gross profit on sale or maturity of ledger assets viz
Bonds 123000 stocks 1791187 total 19141 87
28 Total income
9991307 18
IIIDisbursements
Gross amount paid policyholders for
losses 6786009 64
Deduct amount received for salvage fire
2479655 marine and inland 265
17609 reinsurance fire 59628142
marine and inland 89214477 total 1778398 83
3 Xet amount paid policyholders for losses 5007610 81
4 Expenses of adjustment and settlement of losses 98110 22
5 Commissions or brokerage 756094 33
6 Allowances to local agencies for miscellaneous agency
expenses 214287 70
7 Salaries 36171008 and expenses 12053841 of special
and general agents 482248 49
8 Salaries fees and all other charges of officers directors
trustees and home office employees 185803 24
9 Rents including 1000000 for companys occupancy of
its own buildings 53518 32
10 Advertising 2999240 printing and stationery 66
71882 total 9671122
11 Postage telegrams telephone and express 54629 30
12 Legal expenses 12688 34
13 Furniture and fixtures 121 62 04
14 Maps including corrections 18885 40
15 Underwriters Boards and Tariff Associations 67594 57
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 39920 63
17 Inspections and surveys 44660 96
18 Repairs and expenses other than taxes on real estate 5098 51
19 Taxes on real estate 4643 22
20 State taxes on premiums 174674 50
21 Insurance department licenses and fees 36683 07224 ComptrollerGenerals Report
22 All other licenses fees and taxes Federal corporation
tax 1915079 Arkansas franchise tax 20000 Penn
sylvania tax on capital stock 2304567 municipal
licenses 1918383 total 61580 29
23 Other disbursements Janitor and engine room expense
96625 heat and light 150617 employees lunches
761719 registration of stock 10000 subscriptions
333963 expenses on mortgage loans 12550 total 13654 71
33 Deposit premiums returned 25594 66
34 Paid stockholders for interest or dividends amount de
clared during the year 480000 00
38Agents balances charged off 2253 81
39 Gross loss on sale or maturity of ledger assets viz
Real estate 3362 08
40 Gross decrease by adjustment in book value of ledger
assets viz Real estate 939 43
41 Total disbursements 8953409 88
IVLedger Assets
1 Book value of real estate 293875 00
2 Mortgage loans on real estate 238935 00
4 Book value of bonds 1260292672 and
stocks 168183096 total 14284757 68
5 Cash in companys office 187 il
6 Deposits in trust companies and banks not
on interest 25000 00
7 Deposits in trust companies and banks on
interest 1273004 84
8 Agents balances representing business
written subsequent to Oct 1 1912 1617253 35
9 Agents balances representing business
written prior to Oct 1 1912 18054 40
10 Bills receivable taken for marine and in
land risks 16224 99
11 Bills receivable taken for fire risks 10731 41
16 Total ledger assets 177781121 28
NonLedger Assets
17 Interest due 73312 and accrued 1
91326 on mortgages 2646 38
18 Interest due 96300 and accrued 94
85299 on bonds 95815 99
24 Total 98462 37CoMPTROLLEKGeNEKALS REPORT 225
27 Other nonledger assets viz Reinsurance claims on
losses paid 28930 52
29 Salvage claims 52400 00
30 Gross assets 17957817 17
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 18054 40
35 Bills receivable past due taken for ma
rine inland and fire risks 144 00
37 Overdue and accrued interest on bonds in
default 9 00
38 Book value of ledger assets over market
value viz Bonds and stocks 88265 60
107427 00
41 Total admitted assets 3 7850390 17
VLiabilities
1 Gross losses adjusted and unpaid 112424 61
2 Gross claims for losses in process of ad
justment or in suspense 1264218 01
3 Gross claims for losses resisted 33229 38
4 Total 1409872 00
5 Deduct reinsurance due oir accrued 68272 00
6 Net amount of unpaid losses and claims 1341600 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy 388154282 unearned
premiums fifty per cent 1940771 41
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 789767358 un
earned premiums pro rata 4162132 64
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
72487452 unearned premiums fifty
per cent 363060 22
10 Gross premiums less reinsurance cash
and bills received and receivable upon226
ComptrollerGenerals Beport
all unexpired marine risks 65555764
unearned premiums 50 100 per cent 388344 84
11 Total unearned premiums as computed above 6854309 11
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the prem
ium or deposit received
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 be
come due to agents and brokers
21 Reinsurance premiums
23 All other liabilities viz Contingent fund
728939 48
90000 00
80000 00
18868 03
36673 55
26 Total amount of all liabilities except capital 9850390 17
27 Capital actually paid up in cash 4000000 00
28 Surplus over all liabilities 4000 000 00
29 Surplus as regards policyholders 8000000 00
30 Total liabilities i7i850390 17
VIRisks and Premiums
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 1088629145 12556166 55
2 Written or renewed during the year 739372379 8542684 81
4 TotaI 1828001524 21098851 36
5 Deuct those expired and marked off as
terminated 667189310 7956981 02
6 In force at the end of the year 1160812208 13141S7n
7 Deduct amount reinsured schedule re
quired 128314284
1362653 94
8 Nel amount in fore 1032497924 11779216 40
9 Perpetual risks nol Included above 3103692303 de
posit premiums on sumo 14 90 83ComptrollerGenerals Report 227
THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA
OF PHILADELPHIA PENNSYLVANIA
Clarence E Porter President Edward h Goff Secretary
Dan B Harris Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 800000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3732733 41
3732733 11
4 Extended at
IIIncome
5 Gross premiums 4156835 80
6 Deduct gross amount paid for reinsurance
fire 105287511 marine and inland
1 42382 return premiums fire 875
30191 marine and inland 901985 1938620 69
7 Total premiums other than perpetual 2218215
8 Deposit premiums written on perpetual
risks gross 950018
9 Gross interest on mortgage loans M
11 Gross interest on bonds and dividends on
stocks less 101138 accrued interest
on bonds acquired during 1912 130442 49
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
Agents balances 328 Philadelphia
Underwriters Assn Deposit 315 6 43
16 Gross rents from companys property 15308 90
17 Total gross interest and rents 4919 S
18 Prom other sources Union Insurance Ob unclaimed
dividends
26 Gross profit on sale or maturity of ledger assets viz
1591 64
Bonds
no m x 2379857 91
28 Total income n 228
CompxbollekGeneral s Beport
IIIDisbursements
1 Gross amount paid policyholders for losses
including 27082605 occurring in pre
vious years 1908930 08
2 Deduct amount received for salvage fire
511768 marine and inland 2500
reinsurance fire 52994116 marine
and inland 21437 discount fire 2
52060 total 537818 81
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
33
34
38
39
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 4863935 and expenses 3916254 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 738154 printing and statfionerv 15
42930 total
Postage telegrams telephone and express
Legal expen ses
Furniture and fixtures
Maps inculding 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 rpal estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Capital stock tax
Other disbursements Traveling expenses 358143 safe
deposit box 30000 fidelity bond 29813 listing
stock 10850 miscellaneous office expenses 35597
conflagration indemnity 137500 commission sale of
mortgages 8750 total
Deposit premiums returned
Paid stockholders for interest or dividends amount de
clared luring the year 6400000
Agents balances charged off
dross loss on sale civ maturity of ledger assets viz
Renl estate 32700 bonds 4377 30 stocks 14688
1371111 27
28060 OS
46115 53
7402 51
8780 89
100687 46
5390 00
22810 84
7899 22
9728 36
446 15
8383 67
14446 53
16975 32
15568 78
9710 61
3237 72
60692 18
16039 69
916 62
0106 53
23720 25
63794 20
3785 83
4851 18
41 Total disbursements 2 356 796 4416
17
18
23
24
27
30
34
38
40
41
ComptrollerGenerals Keport 229
IVLedger Assets
Book value of real estate 252497 85
Mortgage loans on real estate 60800 00
Book value of bonds 195994831 and
stocks 90391911 2863867 42
Cash in ebmpanys office 8404 55
Deposits in trust companies and banks on
interest 132137 72
Agents balances representing business
written subsequent to Oct 1 1912 435246 67
Agents balances representing business
written prior to Oct 1 1912 2910 67
Total ledger assets 3755864 88
i
NonLedger Assets
Interest accrued on mortgages 597 49
Interest accrued on bonds 24720 20
Rents accrued on companys property or
lease 24 50
Total 25561J9
Other nonledger assets viz Due for reinsurance of
1479 84
losses paid
3782905 91
Gross assets v
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1912 2910 67
Book value of ledger assets over market
value viz Real estate 34200 00
Stocks and bonds 42605 67
Total 79716 34
Total Admitted assets 3703189 57
VLiabilities
Gross losses adjusted and unpaid 63004 25
Gross claims for losses in process of ad
justment or in suspense plus 2000000
reserve for losses incurred prior to Dec
31 of which no notice had been re230
ComptrollerGeneral s Report
ceived on that date 283101 62
3 Gross claims for losses resisted 40532 18
4 Total 386638 05
5 Deduct reinsurance due or accrued 118056 39
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1608
45262 unearned premiums fifty per
cent 804226 31
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 178741183 un
earned premiums pro rata 951043 70
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
4038058 unearned premiums fifty
per cent 20190 29
268581 66
11 Total unearned premiums as computed above 1775460 30
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the
premium or deposit received 416784 94
17 Dividends declared and unpaid to stock holders 1136 93
18 Salaries rents expeiiscs bills accounts fees etc due
or accrued 2733 54
lit Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 35000 00
26 Total amount of all liabilities except capita 2499697 37
27 Capital actually paid up in cash 800000 00
28 Surplus over all liabilities 403492 20
29 Surplus as regards policyhoWers 1203492 20
30 Total liabilities 3703189 57
YTEisks and Premiums
Fire Risks Premiums Thereon
I In force on the 3 day of December i6
28
29
30
31
ComptrollerGenerals Report 231
per line 5 under this heading in last
years statement 329025514 39 3992693 07
Written or renewed during the year 325117330 81 4104995 28
Total 654142845 20 8097688 3o
Deduct those expired and marked off as
terminated 270883432 54 3538435 83
In force at the end of the year383259412 66 4559252 52
Deduct amount reinsured schedule re
quired 91557391 68 13 63388 07
Net amount in force 291702020 98 3395864 45
Perpetual risks not included above 1851033940 de
posit premiums on same 458865 4o
Business in the State of Georgia During the Year
Gross risks written 2W 4
Less 73430008 risks cancelled and 850000 reinsur
ance in companies authorized in Georgia 742800 08
1918301 56
Net risks written
Gross premiums on risks written 371 J
Less 919618 return premiums and 10890 premiums
for reinsurance in companies authorized in Georgia 9305 08
Net premiums received t
Losses paid deducting salvage 3779b
Less losses on risks reinsured in companies authorized in
Georgia 182 TA
25913 51
Net losses paid p
Losses incurred
Less losses on risks reinsured in companies authorized in
n 11882 54
Georgia
Net losses incurred 28866 23232
ComptrollerGenerals Report
THE LIVERPOOL LONDON GLOBE INSURANCE COMPANY OF
NEW YORK
Henry W Baton President George W Hoyt Secretary
Home Office 45 William Street New York City N Y
B P Walker Jr 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 973975 61
4 Extended at
IIIncome
973975 61
5 Gross premiums 720631 87
6 Deduct gross amount paid for reinsurance
fire 27686842 marine and inland
4956791 return premiums fire
15613702 marine and inland 8
93406 total 491507 41
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks 31084 00
12 Gross interest on deposit in trust com
panies and banks 1778 i I
17 Total gross interest and rents
26 Gross profit on sale or maturity of ledger assets viz
Stocks
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
235124 46
32856 41
35 09
87 13
28 Total income
268103 09
IIIDisburse men ts
1 Gross amount paid policyholders for losses
including 3534496 occurring in pre
vious years 418244 27
2 Deduct amount received for salvage fire
1299562 marine and inland 20000
reinsurance fire 24702687 marine
and inland 2092214 total 281144 63ComptrollerGenerals Report
233
10
11
12
15
16
17
20
21
22
24
25
34
40
Net amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries fees and all other charges of officers directors
trustees and home office employees
Advertising 88023 printing and stationery 217905
Postage telegrams telephone and express
Lgal expenses
Underwriters Boards and Tariff Associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 41877 local taxes 342491 total
Office expenses
Travelling
Paid stockholders for interest or dividends amount de
clared during the year
Oross decrease by adjustment in book value of ledger
assets viz Bonds 71777 stocks 3509 total
41 Total disbursements
137099 64
2431 88
30854 11
0812 75
3059 28
1284 85
722 64
3028 32
980 29
2100 68
7219 93
1506 01
3843 68
544 27
126 50
15000 00
752 86
217367 69
IVLedger Assets
4 Book value of bonds 39981791 and
stocks 36423493 764052 84
6 Deposit in trust companies and banks not
on interest 25867 33
7 Deposits in trust companies and banks on
interest 120267 85
8 Agents balances representing business
written subsequent to Oct 1 1912 101109 15
9 Agents balances representing business
written prior to Oct 1 1912 13413 84
16 Total ledger assets 1024711 01
NonLedger Assets
IS Interest accrued on bonds
24 Total
4565 00
4565 00
30 Oross assets 5029276 01234
ComptbollebGenebals Eepoet
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 1341 84
38 Book value of ledger assets over market
value viz Bonds 2484791 stocks
2083493 total 45682 84
40 Total
41 Total admitted assets

59090 08
970179 33
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 6630 00
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
5j Deduct reinsurance due or accrued
46580 00
24851 00
6 Net amount of unpaid losses and claims 21729 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 16629074
unearned premiums fifty per cent 83145 37
L913 100 per cent 916 00
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 28296153 un
earned premiums pro rata 152102 88
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
10221 unearned premiums fifty per
cent 51 10
11 Total unearned premiums as computed above 236215 35
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 4702 58
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 10000 00ComptrollerGenerals Keport
235
21
Return premiums 654644 reinsurance premiums 23
45858 total
30005 02
Total amount of all liabilities except capital 310151 95
Capital actually paid up in cash 200000 00
Surplus over all liabilities
28
29 Surplus as regards policyholder
30
4i0027 38
660027 38
Total liabilities 970179 33
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 71481397 00 842793 23
Written or renewed during the year 01307131 00 668027 69
Total 132788528 00 1510820 92
Deduct those expired and marked off as
terminated 54238800 00 622982 64
In force at the end of the year 78549728 00 887838 28
Deduct reinsurance schedule required 38355262 00 437670 01
28
29
30
31
Net amount in foree 40194466 00 45016S 27
Business in the State of Georgia During the Year
Gross risks written V
Less 46678400 risks cancelled and 71644300 reinsur
ance in companies authorized in Georgia 1183 227 0C
Net risks written 577302 00
Gross premiums on risks written 23917 65
Less 370344 return premiums and 1023364 prem
iums for reinsurance in companies authorized in 4a 13937 08
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
9980 57
995 97
234 97

761 00
4113 86
1334 89
Net losses incurred
2778 76236 ComptrollerGenerals Report
united states branch of the liverpool and london and
globe insurance company ltd of liverpool england
Henry W Eaton Manager George W Hoyt Deputy Manager
B P Walker Jr Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 13961175 75
4 Extended at 13961175 75
IIIncome
5 Gross premiums 15104184 51
6 Deduct gross amount paid for reinsurance
fire 369474811 marine and inland
5621468 return premiums fire 2
34934024 marine and inland 117
77420 total 6218077 23
7 Total premiums other than perpetual 8886107 8
8 Deposit premiums written on perpetual
risks gross 4554 25
9 Gross interest on mortgage loans 152658 34
10 Gross interest on collateral loans 6 00
11 Gross interest on bonds and dividends on
stocks less 662831 accrued interest on
bonds acquired during 1912 235792 36
12 Gross interest on deposits in trust com
panics and banks 30914 22
13 Gross interest from all other sources viz
Interest on farm notes 113 99
16 Gross rents from companys property in
cluding 2625000 for companys occu
pancy of its own buildings 115380 28
17 Total gross interest and rents 534865 19
18 From other sources Premiums on life policies in force 269 63
23 Remittance from home office 2080 7s
2ft Gooss profit on sale or maturity of ledger assets viz
Stocks 1 11 37
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 1081 i
28 Total income 9429072 79Com ptbollerGen eral s 1 fpoht
237
HiDisbursements
1 Gross amount paid policyholders for losses
including 106178534 occurring in
previous years 7208529 55
2 Deduct amount received for salvage fire
7404467 marine and inland 93079
reinsurance Are 233870872 marine
and inland 8411299 total 2447797 17
3 Net amount paid poJioyholders for losses 4760732 38
4 Expenses of adjustment and settlement of losses 98820 48
5 Commissions or brokerage 1943394 01
7 Salaries 14549903 and expenses 8838936 of special
and general agents 233888 39
8 Salaries fees and all other charges of officers directors
trustees and home office employees 359444 44
9 Bents including 2625000 for companys occupancy of
its own buildings 64930 77
10 Advertising 4460505 printing and stationery 50
84791 total 95452 96
11 Postage telegrams telephone and express 36335 89
12 Legal expenses 3980 04
13 Furniture and fixtures 17062 60
14 Maps including corrections 12789 56
15 Underwriters Hoards and Tariff Associations 109736 S9
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 30834 51
17 Inspections and surveys 42647 54
18 Repairs and expenses other than taxes on real estate 41657 77
19 Taxes on real estate 27110 79
20 State taxes on premiums 115212 67
21 Insurance department licenses and fees 22270 52
22 All other licenses fees and taxes Federal corporation
tax 854326 local taxes 6029189 total 68835 15
23 Other disbursements Office expenses 4102235 life
517 life claims 500000 total 6027 5
37 Remitted to home office 1320546 51
38 Agents balances charged off 271 51
39 Gross loss on sale or maturity of ledger assets viz
Real estate 6138 12
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 943787 stocks 11437 total 9552 24
41 Total disbursements 19467678 26
IVLedger Assets
1 Book value of real estate 1241257 70
2 Mortgage loans on real estate 3281364 00
If238 ComptrollerGenerals Report
3 Loans secured by pledge of bonds stocks
or other collateral 100 00
4 Book value of bonds 511962460 and
stocks 134754746 6467172 12
5 ash in companys office 2453 98
6 Deposit in trust companies and banks not
on interest 73895 29
7 Deposits in trust companies and banks on
interest 825191 79
8 Agents balances representing business
written subsequent to Oct 1 1912 1952174 65
9 Agents balances representing business
written prior to Oct 1 1912 76873 92
12 Other ledger assets viz Farm notes 2091 83
16 Total ledger assets 13922575 28
NonLedger Assets
17 Interest due 631968 and accrued 36
32937 on mortgages 42649 05
IS Interest accrued on bonds 6H661 24
20 Interest accrued on bank deposits 188 90
23 Rents accrued in companys property or
ease 10000 00
24 Total 113409 19
25 Market value of real estate over book value 161700 37
Hi Jrosa assets n 196771 84
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 76873 92
35 Farm notes 2091 83
36 Mortgages over amount allowed by law
of N Y state 36668 00
38 Book value of ledger assets over market
value viz Bonds 245934 66
40 Stocks 95987 46
15 7 5 5 sy
41 Total admitted assets 13739 218 97ComptrollerGexeral s Report
239
VLiabilities
1 Gross Joshes adjusted and unpaid 49047 67
2 Gross claims for losses in process of ad
justment or in suspense plus 9047800
reserve for losses incurred prior to Dee
31 of which no notice had beenieceived
on that date 1245474 01
3 Gross claims for losses resisted 141831 00
4 Total 1436352 68
5 Deduct reinsurance due or accrued 583622 00
6 Set amount of unpaid losses and claims 852730 68
7 Gross premiums Tless reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual tire risks 5167
72803 unearned premiums fifty per
cent 2583864 02
1913 premiums LOO per cent 104662 97
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 966063350 un
earned premiums pro rata 5092503 49
9 Gross premiums less reinsurance cash
anil bills received and receivable upon
all unexpired inland navigation risks
49157351 unearned premiums fifty
per cent 245706 76
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 7575107
unearned premiums 100 per cent 75751 07
11 Total unearned premiums as computed above 8102568 31
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received 186u27 67
13 Net premium reserve and all other liabilities except
capita under the life insurance or any other special
department 4578 77
18 Salaries rents expenses bills accounts fees etc due
or accrued 4i17 34
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
f this statement 188303 56240
ComptrollerGenerals Report
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 61793 04
21 Return premiums 7147019 reinsurance premiums 236
85649 total 308126 68
23 All other liabilities viz Reserve for un
known liabilities 20000 00
26 Total amount of all liailities except capital 9723246 05
29 Surplus as regards policyholders 4015972 92
30 Total liailities 13739218 97
VI Risks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
rears statement 1923087022 19617654 03
2 Written or renewed during the year 1441694892 11469376 40
4 Total 3364781914 34087030 43
5 Deduct those expired and marked off as
terminated 1372225038 13824536 18
6 In force at the end of the year
7 Deduct amount reinsured schedule re
quired
1992556876 if 20262494 25
571807848
532946 7
8 Net amount in force 1420749028 11933624 50
Business in the State of Georgia During the Year
28 Cross risks written 21694189 00
ess 39721157111 risks cancelled and 236183800 re
insurance Incompaniea authorized in Georgia 6333895 00
Net risks written 15366294 00
296ross premiums on risks written 319862 60
Less 4764114 return premiums and 2137990 premiums
for reinsurance in companies authorized in Georgia 6902 04
Net premiums received 250841 56
30 Losses paid deducting salvage 212389 71
Less losses on risks reinsured in companies authorized in
Georgia 48591 75
Net losses paid
163797 96ComptrollekGkn eeals R kpobx
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net Josses incurred
241
130632 91
6017 25
136652 49
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
Charles L Case United States Manager
Harry 11 Sullivan Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 3835023 15
IIIncome
5 Gross premiums 4426767 19
6 Deduct gross amount paid for reinsurance
fire 56076900 marine and inland
62688411 return premiums fire
49148905 marine and inland 36
33844 total 1715480 60
7 Total premiums other than perpetual 2711286 59
11 Gross interest on bonds and dividends on
stocks less 126920 accrued interest on
bonds acquired during 1912 126270 SO
12 Gross interest on deposits in trust com
panies and banks 4391 04
13 Gross interest from all other sources viz
Agents balances 211 45
17 Total gross interest and rents 130873 29
19 Received from home office 102754 39
28 Total income 2944914 27
IIIDisbursements
1 Gross amount paid policyholders for losses
including 24583953 occurring in
previous years 2099084 85
2 Deduct am6unt received for salvage fire
813433 marine and inland 7529808242
ComptrollerGexerals Report
reinsurance fire 21314569 marine
and inland 49234401 discount fire
34029 total
789262 4i
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
7 Salaries 3435303 and expenses 3274679 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Kents
10 Advertising 713393 printing and stationery 2064935
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 Inspection and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax 243620 city and county licenses 578839
local taxes and fees 167682 total
23 Other disbursements Miscellaneous expenses 1253819
Eecovery Crown Prince 2633448 remitted ti
home office 48209024 total
38 Agents balances charged off
1 9822 45
32064 37
536190 74
67099 82
136528 15
22901 81
27783 2s
19279 71
1161 54
5210 02
8670 22
28770 66
22642 17
9661 83
53661 60
11112 62
9901 41
521902 91
1885 24
41 Total disbursements 2825978 61
IVLedger Assets
4 Book value of bonds 316296884 and
stocks 5417125 total 3217140 09
5 Cash in companys office 1313 01
fi Deposit in trust companies and banks not
on interest 9935 30
7 Deposits in trust companies and banks on
interest 172185 19
8 Agents balances representing business
written subsequent to Oct 1 1912 533116 23
9 Agents balances representing business
written prior to Oct 1 1912 20268 93
10 Total ledger assets 3953958 81ComptrollerGenerals Keport 243
NonLedger Assets
J interest accrued on bonds 38369 97
24 Total 38369 97
28 Due from other companies for reinsurance on losses
already paid viz losses 29551 57
Expenses 276 18
30 Gross assets 4022156 53
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 20268 93
38 Book value of ledger assets over market
value viz bonds and stock net 136590 09
40 Cash not in control of trustees 65690 01
41 Total admitted assets 3799607 50
VLiabilities
V
1 Gross losses adjusted and unpaid due
2284774 not yet due 944300 32290 74
2 Gross claims for losses in process of ad
justment or in suspense plus 229200
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 428835 00
3 Gross claims for losses resisted 19026 00
4 Total 480151 74
5 Deduct reinsurance due or accrued 115363 00
6 Net amount of unpaid losses and claims 364788 74
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1222
57084 unearned premiums fifty per
cent 611285 42
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 255620666 un
earned premiums pro rata 1377673 48
244
ComptrollerGenerals Beport
9 Gross premiums less reinsurance cash
and bills received and receivable upon
aJI unexpired inland navigation risks
2667775 unearned premiums fifty
per cent 13338 88
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired risks 12760201 unearn
ed premiums at 50 6380100 47
10607 unearned premiums at 100
10607 unearned premiums at 100 110907 07
11 Total unearned premiums as computed above 2113204 85
18 Salaries rents expenses bills accounts fees etc due
or accrued 6081 52
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 69545 82
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 1 7278 64
21 Eetnrn premiums 4917 reinsurance premiums 60
41438 total 60463 55
26 Total amount of all liabilities except capita
29 Surplus as regards policyliolders
2631363 12
1168244 38
30 Total liabilities 3799607 50
VI Risks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 385592361 4182039 65
2 Written or renewed during the year 285734800 3135334 11
4 Total 671327161 7317373 76
5 Deduct those expired and marked oil as
terminated 245106320 2794360 83
6 In force at the end of the year 426220835 4523012 93
7 Deduct amount reinsured schedule re
quired 65568682 744235 43
8 Net amount in force 360652203 3778777 50
Business in the State of Georgia During the Year
28 Gross risks written i 1300779 00ComptrollerGenerals Eeport 245
Less 24470100 risks cancelled and 100000 reinsurance
in companies authorized in Georgia 2435 01 00
Net risks written 1147078 00
29 Gross premiums on risks written 20832 20
Less 286623 return premiums and 682 premiums
for reinsurance in companies authorized in Georgia 2859 41
Net premiums received J772 i
Net losses paid S4 38
Net losses incurred 8071 38
LONDON AND LANCASHIRE FIEE INSURANCE COMPANY LTD OF
LIVERPOOL ENGLAND
Archibald G Mcllwaine Jr Manager
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 4465872 36
4 Extended at 4465872 36
IIIncome
5 Gross premiums
6 Deduct gross amount paid
for reinsurance fire
92939360 marine and
inland 1425928 re
turn premiums fire
64606869 marine and
inland 3392770 1575462 29
Fire Marine and Inland
412316329 162034 87
Total premiums other
than perpetual 254770100
Gross interest on bonds and dividends on
stocks less 15169 accrued interest on
bonds acquired during 1912
Gross interest on deposits in trust com
panies and banks
14 On agents balances
15 On bills receivable
11
12
48186 98
113847 89 2661548 i
125582 24
14423 46
31 OS
29 42246
ComptrollerGexeral s Report
16 Gross rents from companys property in
cluding 1150000 for companys occu
pancy of its own buildings 23116 64
17 Total gross interest and rents 163182 8
19 Received from home office 252761 44
28 Total income 3077493 17
IIIDisbursements
Fire
Marine and Inland
1 Grose amount paid policy
holders for losses in
cluding 14589165 oc
curring in previous
years 1641292 80 36289 66
2 Deduct amount received
for salvage fire 13
91562 marine and in
land 204879 reinsur
ance fire 45364245
marine and inland
33703 discount fire
64899 total 468207 06 7385 82
10
11
12
13
14
15
16
Net amount paid policy
holders for losses 1173085 74 28903 84 1291889 581
Expenses of adjustment and settlement of losses 41477 50i
Commissions or brokerage iiii 271
Allowances to local agencies for miscellaneous agency
expenses 18508 98
Salaries 174701 and expenses 4908622 of special
and general agents 106559 23
Salaries fees and all other charges of officers directors
trustees and home office employees 141307 98
Rents including 1150000 for companys occupancy of
its own buildings 27369 7m
Advertising 708975 printing and stationery 25
53936 total 32628 1 I
Postage telegrams telephone and express 19604 40
Legal expenses 11 22 60
Furniture and fixtures 1 5s 66
Maps including eorreel ions 2M 97
Underwriters Boards and Tariff Associations 44782 21
Fire department fire patrol and salvage corps assess
ments fees taxes ami expenses 24617 17
1 nspeel ions and surveys 12456 2ii18
19
20
21
22
23
31
11
11
13
14
15
16
18
24
27
28
30
31
ComptrollerGenerals Report 247
Repairs and expenses other than taxes on real estate 10793 4
Taxes on real estate 6161 4
State taxes on premiums 62315 56
Insurance department licenses and fees 14621 oi
All other licenses fees and taxes Federal corporation
tax 381365 municipal taxes and licenses 887708 12690 73
Other disbursements Exchange 122861 subscriptions
141351 miscellaneous expenses 568915 total 8331 i
Remitted to home office aS4 l
Total disbursements 2863750 60
IVLedger Assets
Book value of real estate 300000 00
Book value of bonds 309158734 and
stocks 218500 total 3093772 34
Cash in companys office 9429
Deposit in trust companies and banks not
on interest 4471 64
Deposits in trust companies and banks on
interest 462159 18
Agents balances representing business
written subsequent to Oct 1 1912 539821 04
Agents balances representing business
written prior to Oct 1 1912 10496 58
Bills receivable taken for fire risks 2240 36
Gash in hands of United States trustees 252946 42
Balances due from other companies 4185 74
Due by special agents 91 99
Total ledger assets 4679614 93
NonLedger Assets
Interest due 3075750 and accrued 16
45375 on bonds 47211 25
Total 4in 2
Other nonledger assets viz Reinsurance due on paid
losses i491
Commission on unpaid reinsurance i 17
Gross assets 4733686 26
Deduct Assets Not Admitted
Cash 47606046 and investments 286
33500 total 762395 46248
ComptrollerGexeral s Report
34 Agents balances representing business
written prior to Oct 1 1912 10496 58
35 Bills receivable past due taken for ma
rine inland and fire risks 941 44
37 Overdue and accrued interest on bonds in
default 3000 00
38 Book value of ledger assets over market
value viz Stocks and bonds 168867 34
39 Balances due from other companies 5 80
40 Due from special agents 91 99
945798 61
41 Total admitted assets 3787887 65
VLiabilities
1 Gross losses adjusted and unpaid due
2755700 not yet due 328200 30839 00
2 Gross claims for losses in process of ad
justment or in suspense plus 650000
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that dnte 170316 36
Gross claims for losses resisted 29949 94
4 Totl 231105 30
5 Deduct reinsurance due or accrued 58629 28
i Net amount of unpaid losses ami claims 172476 02
7 Gross premiums less reinsurance receiv
ed and receivable upon all un expired
lire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1507
92100 unearned premiums fifty per
cent 753960 50
S Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 348032016 un
earned premiums pro rata 1885442 16
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
11385891 unearned premiums fifty
per cent 56929 46
11 Total unearned premiums as computed above
2696332 12ComptrollerGeneral s Beport
249
18
19
21
26
27
28
29
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 tie year
of this statement
Return premiums 489033 reinsurance premiums 3
86694 total
680 00
57600 00
Total amount of all liabilities except capital 2935845 41
Deposit capital 200000 00
Surplus over all liabilities 652042 24
852042 24
Surplus as regards policyholders
Total liabilities 3787887 65
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 594238491 5827875 54
Written or renewed during the year 422699847 4123163 29
Total 1016938338 9951038 83
Deduct those expired and marked off as
terminated 387831810 3772126 99
28
In force at the end of the year 629106528 6178911 84
Deduct amount reinsured schedule re
quired 117655560 1190670 68
Net amount in force 511450968 4988241 16
Business in the State of Georgia During the Year
Gross risks written 4886539 00
Less 75866100 risks cancelled arnd 25569900 reinsur
ance in companies authorized in Georgia 1014360 00
29
30
Net risks written 3872179 00
Gross premiums on risks written 63551 06
Less 690459 return premiums and 205599 premiums
for reinsurance in companies authorized in Georgia 8960 58
Net premiums received 54590 48
Losses paid deducting salvage 27700 35
Less losses on risks reinsured in companies authorized in
Georgia 18 81250 ComptbolleeGenebals Eepoet
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
27681 54
23696 11
26 81
23669 30
LUMBER FIRE INSURANCE COMPANY OF NEW YORK N Y
G A Mitchell President R H McKelvey Secretary
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
928326 14
4 Extended at
IIIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
five 15215652 return premiums fire
18570801 total
744966 34
37864 5
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust com
panies and banks
27911 99
1584 66
17 Total gross interest and rents
25 From agents balances previously charged off
27 fivoss increase by adjustment in book value of ledger
assets viz Bonds
928326 14
107101 81
29496 65
1956 19
294 58
28 Total income
438849 2i
ITTDisbursements
1 Cross amount paid policyholders for losses
including 4307757 occurring in pre
vious years
2 Deduct amount received for salvage fire
340622 75ComptrollerGenerals Report
169706 reinsurance fire 112
92254 discount fire 24738 total
114866 98
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement for losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses paid by general agency
7 Salaries and expenses of special and general agents paid
by general agency
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Kents
10
Advertising printing and stationery 8078 adminis
tration other paid by general agency
12 Legal expenses
14 Maps including corrections paid by general agency
15 Underwriters Boards and Tariff Associations
16 Five department fire patrol and salvage corps assess
ments fees taxes and expenses
20 State taxes on premiums
21 Insurance department licenses and fees
23 Other disbursements Auditing 167500 rent of safe
deposit box 4500 fidelity bonds 40250 Commis
sion on Bond Sale 5500 exchange and collection
charges 2023 total
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
Bonds
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
IVLedger Assets
4 Book value of bonds
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to October 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
659000 73
76099 76
160361 21
4514 40
16 Total ledger assets
251
225755 75
4046 88
156071 04
13002 00
1060 73
80 78
3093 49
3373 07
316 60
8234 89
4365 24
2197 73
40000 00
1982 74
3203 4
414 90
467199 27
899976 10252 ComptbollebGenebals Repobt
NonLedger Assets
18 Interest accrued on bonds 6547 48
24 Total
0547 4S
30 Gross assets 906523 58
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 4514 40
38 Book value of ledger assets over market
value 67560 73
72075 13
41 Total admitted iwb
834448 45
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 472 36
2 Gross claims for losses in process of ad
justment or in suspense plus 350000
reserve for losses incurred prior to Dec
31 of which no notice had been received
en that date 40127 13
4 Total 42599 49
5 Deduct reinsurance due or accrued 21s 2
6 Net amount of unpaid losses and claimsif
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
dale of policy including interest prem
iums on perpetual fire risks 355
70408 unearned premiums fifty per
cent 177852 04
8 Gross premiums less reinsuraiee receiv
ed ami receivable upon all unexpired
fire risks running more than one year
from date of policy 9869766 un
earned premiums pro rata 53147 24
33381 20
11 Total unearned premiums as contputed above
230999 28ComptbolleeGenekal s Hepoet
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
253
95 86
500 00
26 Total amount of all liabilities except capital 271976 34
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 162472 11
29 Surplus as regards policyholders
562472 11
30 Total liabilities 834448 45
VIBisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
yeors statement 49231277 00 692516 04
2 Written or renewed during the year 56135210 00 744966 34
4 Total 105366487 00 1437482 38
5 Deduct those expired and marked off as
terminated 57179393 820005 74
6 In force at the end of the year 48187094 00 617476 64
7 Deduct reinsurance schedule required 9555506 00 163074 90
8 Net amount in force 38631558 00 454401 74
Business in the State of Georgia During the Year
28 Gross risks written 329273 00
Less 9219700 risks cancelled and 865000 reinsurance
in companies authorized in Georgia 3 00847 00
Net risks written 228426 00
29 Gross premiums on risks written 0450 02
Less 180952 return premiums and 27715 premiums for
reinsurance in companies authorized in Georgia 2086 67
Net premiums received
Xet losses paid
Net losses incurred
4363 35
1750 29
2050 29254
ComptrollerGeneral s Report
THE LUMBER MUTUAL INSURANCE COMPANY OF
BOSTON MASSACHUSETTS
George W Gale President Harry E Stone Secretary
F Wade Vaughan Attorney for Service in Georgia
Capital stock
2 Amount of ledger assets as per balance
December 31 of previous year 675087 31
4 Extended at 675087 31
If Income
5 Gross premiums
6 Deduct gross amount paid for return prem
iums fire
7 Total premiums other than perpetual
11 Gross interest on bonds less 89709 ac
crued interest on bonds acquired during
1912
12 Gross interest on deposits in trust com
panies and banks
14 Interest on over due premiums
485946 26
61841 30
24750 82
3511 63
1 69
17 Total gross interest
19 From Gale and Stone Agents
25 Prom agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
124104 96
28264 14
inmho 00
9 11
L50 88
621 26
28 Total income
472153 35
TTTDisbursements
1 Gross amount paid policyholders for Losses
including 567793 occurring in pre
vious years
2 Deduct amount received for discount fire
1461177 06
279 L6
3 Net amount paid policyholders for losses 145797 90
I Expenses of adjustment and settlement of losses 216 44
5 Commissions or brokerage 22657 16
6 Allowances to local agencies for miscellaneous agency
2 32fi 70
expenses tou mComptrollerGenderal s Report
255
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Kents
10 Advertising 39876 printing and stationery 189034
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
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 Federal corporation
tax 54445 various municipal taxes 17507 Ga
Ind Me N Y and Ohio publication of statements
16373 Cal Ga and 111 special taxes 7525
23 Other disbursements Subscriptions to publications
33160 collecting bad bills 720 premium on surety
bonds and working mens compensation policy
34744 auditing of accounts 49607 expense of com
panys meetings 32150 expense of attending various
meetings 31686 all other disbursements 85893
34 Dividends to polieyholders
38 Agents balances charged off
39 Check charged to suspense account paid
3911 Gross loss on sale or maturity of ledger assets viz
Bonds
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
IVLedger Assets
4 Book value of bonds 634230 07
5 Casli in companys office 854 88
7 Deposits in trust companies and banks on
interest 102609 15
8 Agents balances representing business
written subsequent to October 1 1912 17738 23
9 Agents balances representing business
written prior to Oct 1 1912 15 90
16 Total ledger assets
NonLedger Assets
18 Interest accrued on bonds 41132 40
21 International Trust Co special acct 175 00
37452 66
3631 32
2289 10
1056 92
154 76
580 27
237 23
5575 86
6729 24
1374 00
958 50
2679 60
157600 45
34 09
4 95
7 25
428 03
391792 43
755448 23
256
ComptrollerGenerals Report
24 Total
28 Amount due from Gale and Stone agts
29 Cash held for agency expenses
30 Gross assets
4807 40
L2639 15
715 7
773610 56
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912
38 Book value of ledger assets over market
value
39 Amount due from Gale and Stone agts
15 90
15090 07
12639 15
41 Total admitted assets
27745 12
745865 44
VLiabilities
Gross claims for losses in process of ad
justment or in suspense
Gross claims for losses resisted
Total
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 407
76951 unearned premiums fifty per
cent
1 2714 II
1000 00
13754 01
203884 7ri
11
18
19
26
28
29
30
Total unearned premiums as computed above
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
Total amount of all liabilities except capital
Surplus over all liabilities 522447 73
Surplus as regards policyholders
Total liabilities
13754 01
203884 70
91 89
50S7 05
223417 71
522447 73
745805 44ComptrollerGenerals Report 257
VIBisks and Premiums
Five Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 16539492 00 377884 95
2 Written or renewed during the year 21146234 00 485946 26
4 Total 37785726 00 86383121
5 Deduct those expired and marked off as
terminated 19597814 00 456061 70
6 In force at the end of the year 18187912 00 407769 51
Business in the State of Georgia During the Year
28 Gross risks written s3 900 00
Less risks cancelled 92719 34
Net risks written 239180 66
29 Gross premiums on risks written 11331 53
Less return premiums 2333 67
Net premiums received 8997 86
Net losses paid 1281 16
Net losses incurred 1 328 95
LUMBER UNDERWRITERS OF NEW YORK N Y
Eugene F Perry Attorneyinfact
Win A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 255024 17
4 Extended at
255024 17
IITncome
5 Gross premiums 517688 30
6 Deduct gross amount paid for reinsurance
fire 17638405 return premiums fire
9639854 total 272782 59258
ComitroukkGexerals Eepori
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks 350 00
12 Gross interest on deposits in trust com
panies and banks 5405 39
244005 71
28 Total income
250661 10
HIDisbursements
1 Gross amount paid policyholders for losses
including 2538957 occurring in pre
vious years 237845 46
2 Deduct amount received for salvage five
83543 reinsurance fire 8551470 86350 13
Xet amount paid policyholders for lossesi
t Expenses of adjustment and settlement of losses
5 Commissions or brokerage
n Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising
12 Legal expenses
16 Fire department fire patrol and salvage carps assess
ments fees taxes and expenses
20 State taxes on premiums
21 Insurance department licenses and fees
24 Expense of quarterly audit
25 General expense
4 Paid underwriters for dividends
38 Agents balances charged off
151495 33
1580 34
17262 43
47037 00
1000 00
4009 21
5 27 04
403 55
1662 13
650 00
550 00
1181 42
18077 55
918 85
41 Total disbursements 246354 87
IVLedger Assets
4 Look value of bonds 10000 00
6 Deposit in trust companies and banks not
on interest 10788 46
7 Deposits in trust companies and banks on
interest 7 052 42
s Agents balances representing business
written subsequent to Oct I 1912 67132 69
9 Agents balances representing business
written prior to Oct 1 1912 150 s
16 Total ledger assets
259330 40ComptrollerGenerals Report
NonLedger Assets
18 Interest tine on bonds 17500
24 Total
27 Other nonledger assets Losses due from reinsurance
companies
28 Commission accrued
29 Dividends On Mutual Reins accrued
30 Gross assets
34
II
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1912 156 83
Total
VLiabilities
Gross claims for losses in process of ad
justment or in suspense

23149 00
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy 24627197 unearned
premiums fifty per cent 123135 98
11
18
Total unearned premiums as computed above
Salaries rents expenses bills accounts fees etc due
or accrued
Reinsurance premiums
21
26
27
28
29 Surplus as regards policyholde
30
259
i
oo
4378 27
190 79
1267 57
265342 03
2i5lsi 20
23149 00
12 135 98
4715 49
3187 22
7otal amount of all liabilities except capital 1541S7 69
Capital actually paid up in cash 100000 in
Surplus over all liabilities 10997 51
1 11997 51
Total liabilities 265185 20
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 14512650 00 237660 02
Written or renewed during the year 31271586 00 517688 3060 COMPTROLLfiRGrENERALS REPORT
4 Total 45784236 00 755348 32
5 Deduct those expired and marked off as
6 In force at the end of the year 25335630 00 394372 69
6 In force at the cud of the year 25335630 00 304372 69
7 Deduct reinsurance schedule required 9846888 00 148100 73
8 Net amount in force 15488742 00 246271 96
Business in the State of Georgia During the Year
28 Gross risks written 370648 00
Less 17846000 risks cancelled and 5600000 reinsur
ance in companies authorized in Georgia 214460 00
Net risks written 136188 00
29 Gross premiums on risks written 9 203 27
Less 240484 return premiums and 177155 premiums
for reinsurance in companies authorized in Georgia 4176 39
Net premiums received 5026 s
30 Losses paid deducting salvage 3 543 38
Less losses on risks reinsured in companies authorized in
Georgia 094 34
Net losses paid o 449 94
31 Losses incurred 2996 97
Less losses on risks reinsured in companies authorized in
Georgia 990 14
Net losses incurred 2006 83
LUMBERMENS MUTUAL FIRE INSURANCE COMPANY
OF MANSFIELD OHIO
B s Nail President
W II G Kegg Secret
LCapital Stock
2 Amounl of ledger assets as per balance
December 31 of previous year 535495 73
i Extended at
535495 7311
12
13
17
35
28
ComptrollerGexerae s Eeport
I fIncome
Gross premiums 459748 60
Deduct gross amount paid for return prem
iums fire 54025 53
Total premiums other than perpetual
Gross interest on mortgage loans less
13916 accrued interest on mortgages
acquired during 1912 2985 84
Gross interest on bonds and dividends on
stocks less 22044 accrued interest on
bonds acquired during 1912 17983 77
Gross interest on deposits in trust com
panies and banks 31 8 82
Gross interest from all other sources viz
On overdue premiums 20 15
Total gross interest and rents
From agents balances previously charged off
Total income
231
1IIDisbursements
1 Gross amount paid policyholdeTS for losses
including 607709 occurring in pre
vious years 142563 67
2 Deduct amount received for discount
fire 245 82
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
8 Salaries fees and all other charges of officers directors
trustees and home office employees
10 Advertising 175473 printing and stationery 95167
11 Postage telegrams telephone and express
12 Degal expenses
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
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 Federal corporation
tax 10689 local 74127 total
405723 07
21308 58
2823
427059 88
142317 85
742 44
27260 39
26918 41
2706 40
1112 12
869 95
50 00
827 15
7743 07
823 39
135 13
4191 12
1627 11
848 16262 ComptbollerGenebalis Report
23 Other disbursements Traveling expenses 143594
directors meetings 75531 office 175074 general
211986 606 85
4 Paid policyholders for interest or dividends amount de
clared during the year 152409 40
39 Gross loss on sale or maturity of ledger assets viz
Bonds 350 80
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 291340 storks 17401 total il8 20
41 Total disbursements 380142 14
TVLedger Assets
1 Book value of real estate 23700 00
2 Mortgage loans on real estate 49500 00
4 Book value of bonds 41193815 and
stocks 4972500 total 461663 15
5 Cash in companys office 717 75
6 Deposit in trust companies and banks not
on interest 9233 4
7 Deposits in trust companies and banks on
interest 15070 17
8 Agents balances representing business
written subsequent to October 1 1912 2246 01
9 Agents balances representing business
written prior to Oct 1 1912 67 05
XonLedger Assets
I i Total ledger assets 5s4 17
17 Tntcrets accrued on mortgages 198 04
18 Interest accrued on bonds 492 92
24 Total 512 56
26 Market value not including interest in item 18 of bonds
and stocks over book value 3796 51
30 Gross assets iit 1 1 4
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 67 05
41 Total admitted assets 591 264 49
COMPTROLLERGrEXERAL s KEPORT
VLiabilities
263
Gross losses adjusted and unpaid not yet
due
190S5 00
Net amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 390 0338
unearned premiums fifty per cent
193051 69
11
17
18
19
20
21
26
28
Total unearned premiums as computed above
Dividends declared and unpaid to pqlicyholders
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
Commissions brokerage and other charges due or to be
come due to agents and brokers
Return premiums
19085 00
195051 69
2509 51
200 00
5000 00
1178 04
584 12
Total amount of all liabilities except capital 223608 36
Surplus over all liabilities 367656 13
30 Total liabilities 591264 49
Yl Risks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 16390895 00 365706 13
Written or renewed during the year 20474658 00 459748 60
Total 30865553 00
Deduct those expired and marked off as
terminated 19134011 00
825454 73
435351 35
6 In force at the end of the year 17731542 00 390103 38
28
Business in the State of Georgia During the Year
Gross risks written 240900 00
Less risks cancelled 62850 00
Net risks written 178050 00264 ComptrollerGenerals Report
29 Gross premiums on risks written 8256 94
Less return premiums 1663 14
Net premiums received 6593 20
Net losses paid 850 50
Net losses incurred 850 50
MASSACHUSETTS FIRE AND MARINE INSURANCE COMPANY OF
BOSTON MASSACHUSETTS
Everett Benton President Walter AHard Secretary
lames L Dickey Jr 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 1190950 52
I Extended at
1190911 12
IIIncome
5 Gross premiumsi 07224 47
6 Deduct gross amount paid for reinsurance
fire 5101009 marine and inland
1790i7l return premiums fire 80
71801 marine and inland 2607920 175714 09
7 Total 11 rein inn is other than perpetual
11 Gross interest on bonds and dividends on
stocks less 38960 accrued interest on
bonds acquired during 1912 37806 30
12 Iross interest on deposits in trust com
panies and banks 1832 02
II nteresl on Philadelphia Fire Underwriter
deposit 6 30
17 Total gross interest and rents
20 liross profit on sale or maturity of ledger assets viz
Bonds 10871 slocks 69498 total
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
131110 3s
3901 62
863 73
791 SI
28 Total income
172si n IS om ptrollekGtenebals Report
255
11TDisbursements
Fire Marine and Inland
Gross amount jjaid policy
holders for losses includ
ing fire 3656207 ma
rine 243245 occurring
in previous years 221321 45 32902 09
Deduct amount received
for salvage fire 1
07122 marine and in
land 454094 reinsur
ance fire 2978355
marine and inland
29409 discount fire
1532 30870 09 5835 03
Net amount paid policy
holders for losses 195451 36 27067 06
Expenses of adjustment and settlement of losses
onimissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 1222484 and expenses 408095 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 367603 printing and stationery 555428
Postage telegrams telephone and express
Furniture and fixtures
Maps including corrections
Underwriters Boards and Tariff Associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes City taxes 63842
city licenses 93665 total
Other disbursements Insurance 15406 Alfred M Best
Co subscription 2000 Underwriters Protective
Assn subscription 20000 R G Dunn Go sub
scriptions 24000 Alfred M Best Co subscription
Ky Barings 500 miscellaneous 23947 total
Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
9
10
11
13
14
15
16
17
20
21
99
40
222518 42
3946 37
136819 90
200 49
16305 79
30042 59
6498 84
9230 31
2601 97
1137 82
1509 58
3808 75
4992 46
2289 33
4639 01
1979 00
1575 07
858 53
1343 81
452298 04266 CoMPTROIiLEBGbENEKALS REPORT
1 VLedger Assets
3 Loans secured by pledge of bonds stocks
or other collateral 50000 00
4 Book value of bonds 82556551 and
stocks 28228823 total 1107833 74
5 Cash in companys office 39
7 Deposits in trust companies and banks on
interest 58011 81
8 Agents balances representing business
written subsequent to Oct 1 1912 93317 66
9 Agents balances representing business
written prior to Oct 1 1912 1524 46
16 Total ledger assets L311 4i 06
NonLedger Assets
is nterest accrued on bonds 8446 33
19 Interest accrued on collateral loans 240 2s
21 Interest on special bank deposits see
statement 134 4v
21 Total 8823 08
2i Market value not including interest in item IS of bonds
and stocks over book value 19097 26
30 dross assets 1339381 40
Deduct Assets Not Admitted
34 Agents balances representing business
written prim to Oct l 1912s 1524 46
1524 4
41 Total admitted assets 1337856 94
VLiabilities
1 Gross losses adjusted and unpaid fire
1309000 marine 214478 total 11234 78
2 Gross claims for losses in process of ad
justment or in suspense plus tire 5
96925 reserve for losses incurred prior
to December 33 of which no notice Had
been received on that date 43553 00
1 Total 58785 7sComptrollerGenerals Report 267
5 Deduct reinsurance due or accrued fire
349390 marine 880 total 3502 70
6 Net amount of unpaid losses and claims 55283 08
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 279
73121 unearned premiums fifty per
cent 139865 61
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 29404544 un
earned premiums pro rata 198788 03
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 12125984
unearned premiums 50 per cent 60629 92
11 Total unearned premiums as computed above 399283 56
18 Salaries rents expenses bills accounts fees etc due
or accrued 2476 19
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 7605 75
26 Total amount of all liabilities except capita 464648 58
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 373208 36
29 Surplus as regards policyholders 873208 36
30 Total liabilities 1337856 94
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 dajT of December as
per line 5 under this heading in last
years statement 45891667 Oil 460329 87
2 Written or renewed during the year 53550142 10 538899 05
4 Total 99441809 00 999228 92
5 Deduct those expired and marked off as
termniated 35184011 00 4504 38268 ComptrollerGenerals Report
In force at the end of the year 83957798 00 644724 54
7 Deduct reinsurance schedule required 7590226 00 70947 59
8 Net amount In force 56367572 00 573776 65
Business in the State of Georgia During the Year
28 Gross risks written 457635 00
Less 25738500 risks cancelled and 9245000 reinsur
ance in companies authorized in Georgia 349 35 00
Net risks written 1107800 00
29 Gross premiums on risks written 21889 t
Less 335420 return premiums and 100809 premiums
for reinsurance in companies authorized in Georgia 4362 29
Met premiums received 1752i 15
30 Losses paid deducting salvage 3079 59
31 Losses incurred 4368 30
Less losses on risks reinsured in companies authorized in
Georgia 100 00
Net losses incurred 4268 30
MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF
PROVIDENCE R I
H T Grant President Alfred IT Eddy Secretary
W A Wright Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 246195 40
4 Extended at 24C19i 40
TTTncome
i Gross premiums 274707 19
6 Deduct gTOSS amount paid for return
premiums fire 13973 54
7 Total premiums other than perpetual 260731 H5
11 Gross interest on bonds and dividends on
stocks 13662 50
12 Gross interest on deposits in trust com
panies and banks 429 91ComptrollerGenerals Kef
OiT
2m
16 Gross rents
19 Dividend on reinsurance
20 Contribution for other companys
28 Total income
887 50
ITS 00
600 00
276491 56
I iDisbursements
1 Gross amount paid policyholders for
Josses 16330 so
2 Deduct amount received for salvage 31 21
9
10
1 1
12
13
16
17
20
21
99
24
25
33
40
Net amount paid policyholders for losses 16299 65
Commissions or brokerage interest accrued on stock 14 13
Salaries 140000 and expenses 94500 of special and
general agents 2345 00
Salaries fees and all other charges of officers directors
trustees and home office employees 17579 02
Rents 2135 50
Advertising 3980 printing and stationery 89053 930 33
Postage telegrams telephone and express 1323 50
Legal expenses 167 11
Furniture and fixtures 661 44
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 62 00
Inspections and surveys 3822 00
State taxes on premiums 2931 60
Insurance department licenses and fees 433 07
All other licenses fees and taxes Federal corporation
tax 1937 01
City taxes 729 1
Office incidental 74 is
Subscription books papers typwting 261 47
Deposit premiums returned 219 202 58
Gross decrease by adjustment in book value of ledger
assets viz Bonds 110 64
41 Total disbursements
270019 34
IVLedger Assets
4 Book value of bonds 3882500 and
stocks 18605200 total 224877 00
5 Cash in companys office 19 97
7 Deposits in trust companies and banks on
interest 16360 81270
ComptrollerGenerals Eeport
fi Agents balances representing business
written subsequent to October 1 1912
10429 81
16 Total ledger assets 251667 62
NonLedger Assets
18 Interest
bonds
1145 83
24 Total
26 Market value not including interest in item 18 of bonds
and stocks over book value
SO dross assets
1145 83
6123 00
258931 45
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 1680 00
7 Cross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 128744 41
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 5973 97
11 Total unearned premiums as computed above 13471s 3s
18 Salaries rents expenses bills accounts fees etc due
or accrued 1 86 54
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 5393 70
26 Total amount of all liabilities except Capitalif
28 Surplus overall liabilities ifi 116457 S3
29 Surplus as regards policyholders
30 Total liabilities
1 1217s 62
116457 si

258936 15
VIRisks and Premiums
1 Tn force on the 3 day of December as
per line 5 under this heading in last
years statement 29282320 00
2 Written or renewed during the year 32450892 00
252iis7 38
271707 19ComptrollerGenerals Report 271
4 Total 61733212 00 526795 57
5 Deduct those expired and marked off as
terminated 310111585 00 257585 98
8 Xet amount in force 31621627 00 269208 59
Business in the State of Georgia During the Year
28 Gross risks written 1283859 00
I ess risks cancelled 406693 00
Net risks written 877166 00
29 Gross premiums on risks written 9421 37
Less return premiums 1818 07
Net premiums received 7607 30
Net losses incurred 1466 09
MILWAUKEE MECHANICS INSURANCE COMPANY OF
MILWAUKEE WISCONSIN
William L Jones President Oscar Griebling Secretary
Home Office 442 and 444 City Hall Square Wilwaukee Wis
Charles S Matthews Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 4482832 66
4 Extended at 4482832 66
11 1 ncome
5 Gross premiums 2824363 41
li Deduct gross amount paid for reinsurance
fire 39913357 return premiums fire
47702817 total 876161 74
7 Total premiums other than perpetual 1948201 67
9 Gross interest on mortgage loansf
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 263878 accrued interest
on bonds acquired during 1912
87451 72
145 88
92301 2927
12
14
15
16
17
25
26
ComptrollerGenerals Report
Gross interest on deposits in trust com
panies and banks
Board of Fire Underwriters deposit
Notes
Gross rents from companys property in
cluding 320000 for companys oc
cupancy of its own buildings
1392 47
7 68
3 66
4044 40
Total gross interest and rents
From agents balances previously charged off
Gross profit on sale or maturity of ledger assets viz
Bonds
Gross increase by adjustment in book value of ledger
assets viz Bonds
185347 10
188 46
4078 43
2980 00 I
Total income
1IIDisbursements
Gross amount paid policyholders for losses
including 20592392 occurring in pre
vious years 1848029 41
Deduct amount received for salvage fire
1608111 reinsurance fire 21071050
discounts fire 179122 total 237632 83
2141795 16

8
ft
10
11
12
13
14
15
16
17
18
10
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 5520511 and expenses 3761302 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Kents including 320000 for companys occupancy of its
own buildings
Advertising 172610 printing and stationery 12
33077
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters boards and arif associations
Fire department fire patrol and salvage corps assess
meats fees taxes and expenses
Inspections and surveys
Repairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
1116306 58
37494 81
474338 15
02IfO 03
92906 io
770s 2S
11056 96
18231 16
576 84
2700 17
5860 17
3610 99
18996 61
18535 58
1015 97
1214 59
58046 5s
ComptrollerGenerals Repokt 273
21 Insurance department licenses and fees 16134 78
22 All other licenses fees and taxes Municipal taxes 2
01186 municipal licenses 554942 U S Corpora
tion tax 48873 total 8050 01
23 Other disbursements Expense on securities 22625
exchange 275470 heating lighting and cleaning
office water towels and ice 277034 auditing 1
48955 interest paid Reinsurance Co on reserve fund
382042 interest paid on borrowed money 126665
Newspaper subscriptions 13220 mercantile agencies
161500 surety bonds 47085 gifts and donations
15545 entertaining agents 54099 meals 45490
Funeral expenses 10400 business associations
4500 total 15846 30
34 Paid stockholders for interest or dividends amount de
lared during the year 120445 20
37 Decrease in liabilities during the year on account of re
insurance treaties 157488 95
38 Agents balances charged off 1520 02
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 2954208 stocks 96000 total 30502 08
41 Total disbursements 2308715 60
IVLedger Assets
1 Book value of real estate 52825 00
2 Mortgage loans on real estate1 first
jins 1799800 00
4 Book value of bonds 188396000 and
slocks 4540000 1929360 00
5 Cash in company a office 6464 73
7 Deposits in trust companies and banks on
interest 181232 86
8 Agents balances representing business
written subsequent to Oct 1 1912 331257 08
9 Agents balances representing business
written prior to Oct 1 1912 8488 67
12 Other ledger assets Deposit Milwaukee
Board of Fire Underwriters 1 00 00
13 Due from Reinsurance Co 5384 38
16 Total ledger assets 4314912 72
NonLedger Assets
17 Interest accrend on mortgages 26431 12
18 Interest accrued on bonds 14729 49274 ComptrollehGenebaIjs Bepoet
24 Total 41160 61
30 Gross assets 4356073 33
Deduct Assets ISot Admitted
34 Agents balances representing business
written prior to Oct 1 1912 8488 67
41 Total admitted assets 4347 584 66
VLiabilities
J Gross losses adjusted and unpaid not yet
due 60218 23
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 145471 38
3 Gross claims for losses resisted 8848 20
4 Ttal 214537 SI
5 Deduct reinsurance due or accrued 50139 50
Net amount of unpaid losses and claims L64 398 il
7 Gdoss premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual Are risks 98383033
unearned premiums fifty per cent 491915 16
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 345248799 un
earned premiums pro rata 1766465 69
18 Salaries rents expenses bills accounts fees etc due
or accrued 30000 00
19 Estimated amount hereafter payable for federal stale
and other taxes based upon the business of the year
of this statement 7d qqq qq
24 Reserved for dividends 30 000 HO
25 Due reinsurance companies 15 035 40
2 Total amount of all liabilities except capital 2567 814 ii2
27 Capital actually paid up in cash IOOOoim 00
28 Surplus over all liabilities 779770 04ComptrollerGenerals Beport 275
29 Surplus as regards policyholders 1779770 04
30 Total liabilities 4347584 66
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 487221789 00 5275219 66
2 Written or renewed during the year 253496728 00 2824363 41
4 Total740718517 00 8099583 07
5 Deduct those expired and marked off as
terminated 262965427 00 3006989 06
6 In force at the end of the year477753090 00 5092594 01
7 Deduct amount reinsured schedule re
quired 54614600 00 656275 69
8 Net amount in force423138490 00 4436318 32
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
Tames Nichols President G H Tryon Secretary
Home Office 95 Pearl Street Hartford Connecticut
Hugh T Powell Atlanta Attorney for Service in Georgia
LCapita Stock
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 11486075 52
3 Increase of paid up capital during the year 1000000 00
4 Extended at 12486075 52
IIIncome
5 Gross premiums 12222388 47
6 Deduct reinsurance 276380467 and re
turn premiums 164865838 total 4412463 05
7 Total premiums other than perpetual 7809925 42
9 Gross interest on mortgage loans less 1276
omptrollehGenebals Report
29851 accrued interest on Mortgages
acquired during 1912 97490 55
11 Gross interest on bonds and dividends on
stocks less 3345491 accrued interest
on bonds acquired during 1912 373662 68
12 Gross interest on deposits in trust com
panies and banks I 3670 92
14 Interest on bills receivable 620133 inter
est on deposit relaw suit 1634 6217 17
I Interest on deferred payments German
Fire Ins Co 11217 Osage Fire Ins
Co 12048 interest on certilcates of
depositbank accounts now closed
19264 total 1425 29
16 Gross rents from companys property in
cluding 2000000 for companys occu
pancy of its own buildings 38517 18
17 Total gross interest and rents 530990 29
15 From all other sources Conscience fund 192600 par
ticipation on reorganization Toledo Traction Co
49790 new stock issue 10000 shares at 22500
capital 100000000 125000000 checks issued in
previous years not presented at banks 5485 1252478 71
24 Increase in liabilities during the year on account of re
insurance treaties 54 60 43
21 Fromagents balances previously charged off 815 6
26 Gross profit on sale or maturity of ledger assets viz
Real estate 70901 bonds 35032 stocks 3605908 S7179 03
28 Total income 9685549 60
ITTDisbursements
1 Gross amount paid policyholders for losses
including 35989977 occurring in pre
vious years 5468692 i
2 Deduct amount received for salvage 29
72378 and for reinsurance in other
companies 1409781 total 1570721 19
i Net amount paid policyholders for losses 3 897970 71
1 Expenses of adjustment and settlement of losses 49 134 27
Commissions or brokerage 1 352 406 4
6 Allowances to local agencies for miscellaneous agency
expenses 809902 31
8 Salaries fees and all other charges of officers directors
trustees and home office employees 208 396 85ComptrollerGenerals Report
t i
9 Rents including 2000000 for companys occupancy of
its own buildings
10 Advertising 3403498 printing and stationery 57
97519 total
J1 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax 207346 tax on capital stock Connecticut 35
07780 tax for increasing capital stock 100000
city and county taxes 77965 state county and city
licenses and fees 1237146 personal property tax
and other taxes licenses fees 909217 total
23 Other disbursements traveling expenses 508664
office expenses 610862 miscellaneous expense re
insurance of Delaware Fire Ins Co 780353 mis
cellaneous expense reinsurance of German Fire Ins Co
1757742 guaranty for subscription to new capital
stock 2500000 mercantile reports 315475 prem
iums on surety bonds 49499 other miscellaneous ex
pense 93605 32 Interest paid on uninvested re
serves of reinsuring companies 172496 total
34 Paid stockholders for interest or dividends amount de
clared during the year 24443000
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz
Peal estate 216735 bonds 3054967 stocks 4
56000 total
46240 44
92010 17
65359 75
9064 26
33168 30
132S2 43
104230 M
52439 79
14501 45
589 4S
8029 79
140901 60
31309 07
60394 54
67886 96
255442 12
1991 00
37277 02
41 Total disbursements Sf 7419426 1 1
IVLedger Assets
1 Book value of real estate 622978 ri
2 Mortgage loans on real estate first
iens 1685800 00
4 Book value of bonds 895072441 stocks
101050816 total 9961232 57
5 Cash in company s office 622 35278 ComptrollerGenerals Eeport
6 Deposit in trust companies and banks not
on interest 168348 1 6
7 Deposits in trust companies and banks on
interest 1168762 28
8 Agents balances representing business
written subsequent to Oct 1 1912 902616 72
9 Agents balances representing business
written prior to Oct 1 1912 23451 63
11 Bills receivable taken for fire risks 163724 33
12 Other ledger assets viz cash in branch
offices Chicago 27800 Omaha
85518 New Orleans 215781 total 4290 99
13 Advances to special agents 1426319
due from other insurance companies
4359253 total 57855 72
14 Bills receivable taken for agents balances 3315 70
15 Loans on personal security 9000 00
16 Total ledger assets 14752199 01
NonLedger Assets
17 Interest due 30500 and accrued 31
14673 on mortgages 31451 73
IS Interest on bonds 125520 06
24 Total 1 727 79
25 Market value of real estate ever book value 6538 93
26 Market value not including interest in item IS of bond
and stocks over book value 152247 34
30 Gross assets 15068257 07
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 23451 63
35 Bills receivable past due taken for ma
rine inland and five risks 35553 64
36 Inans on personal security endorsed or
not and bills receivable taken for
agents balances 12315 70
39 Advances to special agents 14263 19
85584 16
41 Total admitted assets 14982672 91ComptrollerGenerals Report 279
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 106037 22
2 Gross claims for losses in process of ad
justment or in suspense plus 2572101
reserved for losses incurred prior to
December 31st of which no notice had
been received on that date 833398 28
3 Gross claims for losses resisted 62041 31
4 Total 1001476 81
5 Deduct reinsurance due or accrued 415180 78
6 Net amount of unpaid losses and claims 586296 03
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 4151
72813 unearned premiums fifty per
cent 2075864 07
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 1118918606 un
earned premiums pro rata 5787062 63
11 Total unearned premiums as computed above 7862926 70
18 Salaries rents expenses bills accounts fees etc due
or accrued 50000 CO
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 225000 00
20 Commissions brokerage and other charges due or 1o be
come due to agents and brokers 7085 01
23 All other liabilities viz Investments held for reinsur
ing companies 54160 43
24 Special reserve fund covering all contingent liabilities 300000 00
26 Total amount of all liabilities except capital 9085468 17
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 3897204 74
29 Surplus as regards policyholders 5897204 74
30 Total liabilities I 1982672 91280 ComptrollerGeneraLs Kepoet
VIRisks and Premiums
Fire Risks Premiums Thereon
t In force on the 3 day of December as
per line 5 under this heading in last
years statement 1578314247 17186292 1
2 Written or renewed during the year 1236658365 12222388 17
3 pxcess of original premiums over
amount received for reinsurance 437 966 83
Total 2814972612 29896647 48
5 Deduct those expired and marked off as
terminated 1030220274 11191773 51
6 In force at the end of the year 1784752338 18704873 97
7 Deduct amount reinsured schedule re
lired 335312203 3363959 7S
8 Net miHint in force 1449441135 1534li9H In
Business in the State of Georgia During the Year
28 Gross risks written 12614 262 00
Less 267845600 risks cancelled and 80105200 reins
in authorized companies in Georgia 3 479 508 00
Net risks written j p 134 54 qo
29 Gross premiums received 114536 38
Iess 1574686 return premiums and 496943 premiums
for reinsurance in authorized companies in Georgia 20 715 29
Net premiums received 93821 09
30 Losses paid deducting salvage 88189 62
Less losses on risks reinsured in companies authorized in
Georgia 5453 20
x sss paid1 82736 42
31 Losses incurred go on 09
Less losses on risks reinsured in companies authorized in
Georgia t21 n
Net losses incurred 499 51ComptrollerGeneral s Reporj
281
NATIONALE FIRE INSURANCE COMPANY OF PARIS FRANCE
United States Managers Starkweather Shepley Inc
Office of United States Manager 17 Custom House Street
Providence Rhode Island
Wra A Wright Atlanta Attorney for Service in Georgia
I Deposit Capital
2 Amount of ledger assets as per balance
December 31 of previous year 626811 86
11 Income
6 Gross premiums 691915 HI
7 Deduct amount paid for reinsurance fire
33896751 return premiums fire
13849922 total 477466 73
8 Total premiums other than perpetual 214448 31
12 Gross interest on bonds and dividends on
stocks 21940 00
13 Gross interest on deposits in trust com
panies and banks 1268 05
14 Gross interst from all other sources
From Phenix Fire Insurance Co for
interest under reinsurance treaty 110 7
From cash deposited with Philadelphia
Underwriters Assn 2 89
18 Total interest and rents 21321 67
30 Total income 237759 98
IITDisburse in cuts
1 Gross amount paid policyholders for losses
including 4422247 occurring in pre
vious years 31 7495 94
2 Deduct amount received for salvage Are
230627 reinsurance fire 20084218
discount fire 21046 total 203358 91
3 Net amount paid policyholders for losses 114137 03
4 Expenses of adjustment and settlement of losses 1335 14
5 Commissions or brokerage 60697 42
8 Salaries fees anil all other charges of officers directors
trustees ami home office employees 41 25282 ComptrollerGenerals Keport
10 Advertising 19716 printing ami stationery 151 198 17
15 Underwriters Boards and Tariff Associations 1306 28
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 1265 49
20 State taxes on premiums 2682 04
21 Insurance department licnses and fees 2023 09
22 All other licenses fees and taxes Federal corporation
tax 271 11
780 81
23 Other disbursements Remittance to home office 40
00000 surety bonds 16082 paid for interest on de
posit to Phenix Fire Ins Abeille Fire Ins Co under
reinsurance treaty 49167 auditing books 5625
Phenix Fire Insurance Co for working account 4
00000 total 44708 74
39 Total disbursements 229465 70
IVLedger Assets
4 Hook value of bonds 524SS0 00
7 Deposits in trust companies and banks on
interest 59612 07
8 Agents balances representing business
written subsequent to Oct 1 1912 50524 07
13 Cash deposited with Philadelphia Under
writers Assn loo oo
16 Total ledger assets 635 116 14
NonLedger Assets
Is tnterest accrued on bonds 6798 33
24 Total 6798 33
30 Gross assets 641914 47
Dedud Assets Not Admitted
38 Hook value of tedgei assets over market
value viz 3990 00
3990 00
41 Total admitted assets 637924 47ComptrollerGeneral s Report
283
VLiabilities
Gross losses adjusted and unpaid not let
due
Gross claims for losses in process of ad
justment or in suspense plus 180601
reserve for losses incurred prior to
December 31 of which no notice had
been received on that date
Gross claims for losses resisted
9838 40
30318 46
8700 00
Total
Deduct reinsurance due or accrued
48856 86
28668 37
Met amount of unpaid losses and claims
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policj including interest prem
iums on perpetual fire risks 15777059
unearned premiums fifty per cent
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 8301608 un
earned premiums pro rata
20188 49
78885 29
58643 14
11
19
20
21
24
26
27
28
Total unearned premiums as computed above
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
Commissions brokerage and other charges due or to be
come due to agents and brokers
Reinsurance premiums
137528 43
4300 00
16672 94
63669 60
Total amount of all liabilities except deposit capital 242359 46
Surplus over all liabilities 395565 01
395565 01
637924 47
Surplus as regards palicyholders
Total liabilities
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 51044246 00 426244 98
Written or renewed during the year 71499604 00 691915 fi I284 ComptrollerGenerals Keport
4 Total122543800 00 1118160 02
5 Deduct those expired and marked off as
terminated 51986904 00 534370 84
6 In force at the end of the year 70556946 00 583789 18
7 Deduct amount reinsured schedule re
quired 42702036 00 343002 51
8 Net amount in force 27854910 00 240786 67
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURG PA
E E Cole President W P Braun Secretary
Chancellor A Thornton Atlanta Attorney for Service
ICapital stock
1 Amount of capital paid up
in cash 1000000 00
0 Deduct gross amount paid for reinsurance
December 31 of previous year 3885896 0
4 Extended at
3885896 63
IIIncome
5 Gross premiums 4100209 14
6 Deduct gross amount paid for reinsurance
fire 114593759 return premiums fire
72031840 total 186625599
7 Total premiums other than perpetual 2302953 15
9 Gross interest on mortgage loanss
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 441387 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
Interest on bills receivable taken for
fire rishs
Gross income from unlisted assets
16 Gross rents from companys property
17 Total gross interest and reals 154900 41
36654 18
5751 00
106692 25
4943 31
289 98
170 69
400 00
ComptrollerGenerals Report 285
25 From agents balances previously charged off 489 76
26 Gross profit on sale or maturity of ledger assets viz
Bonds 4515 94 stocks 1525 total 4531 19
28 Total income 2 462 874 51
ITTDisbursements
1 Gross amount paid policyholders for losses
including 16281366 occurring in pre
vious years 1716252 62
2 Deduct amount received for salvage fire
800518 reinsurance fire 60519575
discount fire 116322 total 614364 15
3 Net amount paid policyholders for losses 1121 888 47
4 Expenses of adjustment and settlement of losses 32 848 85
5 Commissions or brokerage 40g ggj 17
6 Allowances to local agencies for miscellaneous agency
expenses 11064 48
7 Salaries 7956739 and expenses 5402674 of special and
general agents 133594 13
8 Salaries fees and all other charges of officers directors
trustees and home office employees 114 724 62
9 Hents 13073 44
10 Advertising 80743 printing and stationery 2727794 28085 37
11 Postage telegrams telephone and express 13 872 75
12 Legal expenses 404 35
Ti Furniture and fixtures o 74 i
14 Maps including corrections 10 194 75
15 Underwriters Boards and Tariff Associations 25 1 78 32
16 Fire department fire patrol and salvage corps assess
ments fees axes and expenses 8392 77
17 Inspections and surveys 4 jgg 39
18 Repairs and expenses other than taxes on real estate 84 24
19 Taxes on real estate r qa
20 State taxes on premiums 60 118 59
21 Insurance department licenses and fees 17 480 30
22 All other licenses fees and taxes Federal corporation
tax 728 79
Municipal licenses 7 034 79
Pennsylvania Franchise tax 3763 69
34 Paid stockholders for interest or dividends amount de
clared during the year 90000 00
37 Decrease in liabilities during the year on account of re
insurance treaties 29 561 65
38 Agents balances charged off 3981 38286 ComptrollerGenerals Report
39 Gross loss on sale or maturity of ledger assets viz
Bonds 3ti 2
41 Total disbursements 2141050 30
IVLedger Assets
1 Book value of real estate 7965 66
2 Mortgage loans on real estate 623700 00
Loans secured by pledge of bonds stocks
or other collateral 115000 00
4 Book value of bonds 220375096 and
stocks 29772233 250147 29
5 Oash in companys office 9575 29
6 Deposit in trust companies and banks not
on interest 68236 75
7 Deposits in trust companies and banks on
interest 13557 I s
8 Agents balances representing business
written subsequent to October 1 1912 558970 60
9 Agents balances representing business
written prior to Oct I 1912 5675 37
1 Bills receivable taken for live risks 181552 03
6 Total ledger assets 4207720 84
XouLedger Assets
17 Interest due 120000 and accrued 10
83506 on mortgages 12031 06
18 Interest accrued on bonds 31916 54
19 Interest accrued on collateral loans 1405 36
24 Total 45356 96
21 Market value not including interest in item 18 of bonds
and stocks over book value 5955 04
30 Gross assets 4259032 81
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 5675 37
35 liills receivable past due taken for ma
rine inland and lire risks 39629 88
41 Total admitted assets 4213727 59ComptrollerGexerals Report 287
VLiabilities
1 Gross losses adjusted and unpaid not yet
4e 11547 39
2 Gross claims for losses in process of ad
justment or in suspense plus 14
50000 reserve for losses incurred prior
to December 31 of which no notice had
been received on that date 202203 04
3Gross claims for losses resisted 44105 75
4 Total 277856 18
5 Deduct reinsurance due or accrued 93939 24
6 Net amount of unpaid losses and claims 183916 94
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1098
18649 unearned premiums fifty per
cent 549093 24
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 317605917 un
earned premiums pro rata 1797901 04
11 Total unearned premiums as computed above 2 346 994 28
18 Salaries rents expenses bills accounts fees etc due
or accrued none al paid to cover any possible con
tingency 500 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 60000 00
23 All other liabilities Fund held under reinsurance treaty 77089 21
26 Total amount of all liabilities except capital 2668500 43
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 545227 16
29 Surplus as regards policyholders 1545 227 16
30 Total liabilities 4 213 727 59
Business in the State of Georgia During the Year
28 Gross risks written 4009 317 00
Less 46091000 risks cancelled 460 910 00288 ComptrollerGeneral s Report
Net risks written 3548407 00
29 Gross premiums on risks written ros 44
Less 938313 return premiums 9383 13
Net premiums received 699
Net losses paid 33058 20
Net losses incurred 32888 i 2
NEWARK FIRE INSURANCE COMPANY OF NEWARK N J
Edgar i Haynes President
Thomas L Farquhar Secretary
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 1329688 75
3 Increase of paid up capital during the year 250000 Oil
4 Extended at
1579688
11 income
5 Gross premiums 1007418 80
6 Deduct gross amount paid for reinsurance
fire 14511874 return premiums fire
13987920 total 284997 94
7 Total premiums other than perpetual 722420 86
9 Gxoss interest on mortgage loans 19808 98
11 Gross interest on bonds and dividends on
stocks U585 05
12 Gross interest on deposits in trust com
panies and banks 1520 95
16 Gross rents from companys property in
addition to taxes and expenses 4500 00
17 Tot a I gross interest and rents
Il Surplus paid in on increased capital during year by stock
holders
25 Agents balances charged off
67414 98
255937 00
i7 2
28 Tol al income and added surplus i 046051 05ComptrollerGenerals Eeport
289
IIIDisbursements
Gross amount paid policyholders for losses
including 5708455 occurring in pre
vious years
Deduct amount received for salvage fire
313786 reinsurance fire 43270 61
discount fire 44899 total
372775 95
46857 46
10
11
12
13
14
15
16
17
18
19
20
22
23
34
Net amount paid policyholders for losses 325918 49
Expenses of adjustment and settlement of losses 6801 81
Commissions or brokerage 150 101 19
Salaries 2857400 and expenses 1918980 of special and
general agents 47763 80
Salaries fees and all other charges of officers directors
trustees and home office employees 47584 70
Rents including 450000 for companys occupancy of
its own buildings in addition to taxes and expenses 5214 30
Advertising 492512 printing and stationery 14
53134 total 19456 46
Postage telegrams telephone and express 5033 21
Legal expenses 1781 28
Furniture and fixtures 13876 54
Maps including corrections 5326 75
UndeTwriters Boards and Tariff Associations 5386 22
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 3407 12
Inspections and surveys 4222 37
Repairs and expenses other than taxes on real estate 3419 37
Taxes on real estate 2119 86
State taxes on premiums 12395 54
All other licenses fees and taxes Federal corporation
taxes 72861 taxes on personal property 160078
state fees and licenses 877098 total 11100 37
Other disbursements Auditing and accounting
38458 miscellaneous 337834 total 4762 92
Paid stockholders for interest or dividends amount de
clared during the year 5239780 52431 80
41 Total disbursements
728104 10
IVLedger Assets
1 Book value of real estate 145523 24
2 Mortgage loans on real estate 495850 00
4 Book value of bonds 70591490 and
stocks 32225038 total 1028165 28
5 Cash in companys office 300 00290 ComptbollerGeneeals Eepoet
6 Deposit in trust companies and banks not
on interest 931 6i
7 Deposits in trust companies and banks on
interest 81745 27
8 Agents balances representing business
written subsequent to Oct 1 1912 139652 33
9 Agents balances representing business
written prior to Oct 1 1912 3817 91
12 Other ledger assets viz Deposited with
Philadelphia Fire Un Assn 100 00
14 Cash advanced to special agents 1550 00
16 Total ledger assets 1897635 70
NonLedger Assets
17 Interest due 93712 and accrued 6
67706 on mortgages 7514 18
18 Interest accrued on bonds 9582 00
24 Total 17196 lS
25 Market value of real estate over book value 4476 76
25 Due from other companies on losses already paid Russian
Re Ins Co 690662 Massachusetts Fire Marine
47 Mechanics Traders Dr 574 Re Ins Bureau
67237 total 7573 72
30 Gross assets 1926882 36
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 3817 91
38 Book value of ledger assets over market
value viz 4322 2S
8140 19
41 Total admitted assets 1918742 17
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 19777 23
2 Gross claims for losses in process of ad
justment or in suspense plus 472400
reserve for losses incurred prior to DecComptrollerGeneral s Report
31 of which no notice had been received
on that date 65075 63
3 Gross claims for losses resisted 13044 00
291
4 Total
5 Deduct reinsurance due or accrued
97896 86
18986 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 48813440
unearned premiums fifty per cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 56507464 un
earned premiums pro rata
244067 20
331192 60
11 Total unearned premiums as computed above
17 Dividends declared and unpaid to stockholders
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
21 Reinsurance premiums
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 728849 81
78910 80
575259 80
8285 75
1521 09
15000 00
10914 80
589892 36
29 Surplus as regards polieyholders 1228849 81
30 Total liabilities 1918742 17
VIEisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 90840034 00 882475 11
2 Written or renewed during the year 94816641 00 100741S 80
4 Total 185656675 00 1889893 91
5 Deduct those expired and marked off as
terminated 63720791 00 670340 71292 ComptrollerGenerals Report
6 In force at the end of the year121935884 00 121953 20
7 Deduct reinsurance schedule resuired 15490403 00 166344 16
8 Net amount in force 106445481 00 1053209 01
Business in the State of Georgia During the Year
Net risks written 82939 00
Net premiums received 4290 58
Net losses paid 90 57
Net losses incurred 1390 57
NEW BEUNSWICK FIRE INSURANCE COMPANY OF NEW
BRUNSWICK N J
George A Vrehmann President Charles D Ross Secretory
Robt N Hughs 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
4 Extended at
ri3HS 68
713118 6S
IIIncome
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 8741032 return premiums fire
14929834 total
778967 69
236708 66
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
45960 accrued interest on mortgages
acquired during 1912
11 Gross interest on bonds and dividends on
stocks less 644 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
Middlesel Title Guarantee Trust Co
542259 03
8423 80
16333 30
412 92
32 67COMPTROLLEKGENEKAIis REPORT
293
16 Gross rents from companys property in
cluding 250000 for companys occu
pancy of its own buildings 12862 75
17 Total gross interest and rents
18 From other sources Paid in on account of increase of
capital 44525 surplus paid in account of increase
of capital 44525 total
26 Gross profit on sale or maturity of ledger assets viz
Stocks
28 Total income
38065 44
89050 00
85 50
669459 97
IIIDisbursements
1 Gross amount paid policyliolders for losses
including 2873296 occurring in pre
vious years
2 Deduct amount Teceived for salvage fire
704887 reinsurance fire 3498020
Discount fire 33593 total
307860 95
42365 00
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Net amount paid policyliolders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 1734181 and expenses 2076787 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 250000 for companys occupancy of
its own buildings
Advertising 97403 printing and stationery 422008
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
Inspection 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 27136 personal tax 80500 city licenses
2076 12 total
265495 95
6808 03
125153 74
38109 68
25241 37
2500 00
5194 11
3316 97
25 56
517 41
2148 93
2921 14
4556 68
2478 88
5363 55
1887 73
6475 38
4192 21
3152 48294 ComptrolleeGenebals Kepoet
23 Other disbursements Miscellaneous Expense 12790
commission on sale of stock 306750 interest paid on
new stock 78980 interest paid on borrowed money
65626 total 4641
34 Paid stockholders for interest or dividends amount de
clared during the year 29
39 Gross loss on sale or maturity of ledger assets viz
1236 50
Stocks
541 414 01
41 Total disbursements
IVLedger Assets
1 Book value of real estate 132362 00
2 Mortgage loans on real estate 208861 00
4 Book value of bonds 15998256 and
stocks 16849255 total 328475 11
5 Cash in companys office 10163 36
7 Deposits in trust companies end banks on
interest 60694 41
8 Agents balances representing business
written subsequent to October 1 1912 100313 56
9 Agents balances representing business
written prior to Oct 1 1912 195 20
13 Deposit with Philadelphia Underwriters 100 00
16 Total ledger assets 841164 64
NonLedger Assets
17 Interest accrued on mortgages 1826 20
18 Interest accrued on bonds i682 31
3508 51
24 Total
26 Market value not including interest in item 18 of bonds
and stocks over book value 260o4 89
30 Gross assets 870728 04
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 195 20
38 Book value of ledger assets over market
value viz One mortgage not consider
ed good No 157 W 00
597 20
41 Total admitted assets 870130 84ComptrollerGenerals Report
295
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 47015 00
5 Deduct reinsurance due or accrued 9392 55
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 359
61265 unearned premiums fifty per
cent 179806 32
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 45426446 un
earned premiums pro rata 255264 90
31 Total unearned premiums as computed above if
17 Dividends declared and unpaid to stockholders
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
23 All other liabilities viz Paid in on account of increase
of capital
25 Surplus paid in account of increase of capital
37622 45
435071 22
42 97
250 00
3000 00
44525 00
44525 00
26 Total amount of all liabilities except capital 565036 64
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 105094 20
29 Surplus as regards policyholders
30 Total liabilities
305094 20
870130 84
VIBisks and Premiums
Fire Kisks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 63611493 00 834858 85
2 Written or renewed during the year 626747 90 778967 69
3 Excess of original premiums over
amount received for reinsurance 4492 81296 ComptrollerGenerals Eeport
4 Total 1262862 83 1618319 35
5 Deduct those expired and marked off as
terminated 52508001 00 679303 29
6 In force at the end of the year 73778282 00 939016 06
7 Deduct reinsurance schedule required 9047891 00 125138 95
8 Net amount in force 64730391 00 813877 11
Business in the State of Georgia During the Year
28 Gross risks written 1942131 00
Less 43164700 risks cancelled and 27322000 reinsur
ance in companies authorized in Georgia 704867 00
Net risks written 1237264 00
29 Gross premiums on risks written 33235 27
Less 625903 return premiums and 502752 premiums
for reinsurance in companies authorized in Georgia 11286 55
Xet premiums received 21948 72
30 Losses paid deducting salvage 6568 16
Less losses on risks reinsured in companies authorized in
Georgia 1751 78
Xet losses paid 4816 38
31 Losses incurred 7587 16
Less losses on risks reinsured in companies authorized in
Georgia 1761 78
Net losses incurred 5825 38
NEW HAMPSHIRE FIRE INSURANCE COMPANY OF
MANCHESTER N H
Frank W Sargeant President Lewis W Crockett Secretary
W M King Attorney for Service in Georgia
ICapital Stock
1 Amount of capita paid up
in cash ComptrollerGenerals Report
2 Amount of ledger assets as per balance
December 31 of previous year 5042505 90
3 Increase of paidup capital during the
year 150000 00
297
4 Extended at 5192505 90
IIIncome
5 Gross premiums 3113292 99
6 Deduct gross amount paid for reinsurance
fire 45592317 return premiums fire
34217021 total 798093 38
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 210596 accrued interest on
bonds acquired during 1912
16 Gross rents from companys property in
cluding 150000 for companys occu
pancy of its own buildings
2315199 61
6663 71
231423 53
12104 92
17 Total gross interest and rents
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
250192 16
73 00
250 00
28 Total income 2565714 77
IIIDisbursements
1 Gross amount paid policyholders for losses
including 20832434 occurring in pre
vious years 1504978 75
2 Deduct amount received for salvage fire
1073357 reinsurance fire 261
06243 discount fire 155619 total 273352 19
3 Net amount paid policyholders for losses 1231626 56
4 Expenses of adjustment and settlement of losses 14035 61
5 Commissions or brokerage 512 888 63
6 Allowances to local agencies for miscellaneous agency
expenses 25773 58
7 Salaries 5864888 and expenses 5124741 of special
and general agents 109896 29
8 Salaries fees and all other charges of officers directors
trustees and home office employees 71687 01298
ComptrollerGenerals Report
10
11
12
13
14
15
16
17
IS
19
20
21
22
23
34
38
40
41
16
17
18
Bents including 150000 for companys occupancy of
its own buildings 1500 00
Advertising 584862 printing and stationery 17
33726 total 23185 88
Postage telegrams telephone and express 8446 86
Legal expenses 1972 40
Furniture and fixtures 905 63
Maps including corrections 8895 59
Underwriters Boards and Tariff Associations 26850 80
Fixe department fire patrol and salvage corps assess
ments fees taxes and expenses 2057 65
Inspections and surveys 15189 97
Bepairs and expenses other than taxes on real estate 5685 13
Taxes on real estate 2554 93
State taxes on premiums 49398 53
Insurance department licenses and fees 12106 64
All other licenses fees and taxes Federal corporation
tax 1389 42
Municipal taxes and licenses 6523 23
Franchise tax 12000 00
Other disbursements Miscellaneous expenses 11247 08
Paid stockholders for interest or dividends amount de
clared during the year 12750000 120000 00
Agents balances charged off 2539 59
Gross decrease by adjustment in book value of ledger
assets viz Beal estate 6000 00
Bonds 10033 23
Stocks 13637 50
Total disbursements 2308027 74
IVLedger Assets
Book value of real estate 100900 00
Mortgage loans on real estate 114050 00
Book value of bonds 306692992 and
stocks 147395635 total 4540886 27
Cash in company s office 673 82
Deposits in trust companies and banks on
interest 323998 74
Agents balances representing business
written subsequent to Oct 1 1912 370684 10
Total ledger assets 5450192 93
NonLedger Assets
Interest accrued on mortgages 1581 63
Interest accrued on bonds 47870 04ComptrollerGeneral s Report
299
24 Total 49451 67
25 Market value of real estate over book value 7450 00
26 Market value not including interest in item 18 of bonds
and stocks over book value 590792 60
30 Gross assets 6097887 20
VLiabilities
1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of ad
justment or in suspense plus 1000000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
69594 44
228572 87
14159 00
312326 31
101369 38
6 Net amount of unpaid losses and claims 210956 93
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks Tunning one year or less from
date of policy including interest prem
iums on perpetual fire risks 1310
10196 unearned premiums fifty per
cent 655050 98
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 291584263 un
earned premiums pro rata 1530555 72
11 Total unearned premiums as computed above 2185606 70
17 Dividends declared and unpaid to stockholders 67500 00
18 Salaries rents expenses bills accounts fees etc due
or accrued 25000 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 70000 00
21 Return premiums 3884740 reinsurance premiums
4921457 total 88061 97
23 All other liabilities Reserve for contingent liabilities 250000 00
24 Sinking fund for office building 150000 00
26 Total amount of all liabilities except capital 3047125 60300 ComptrollerGenerals Keport
27 Capital actually paid up in eash 1350000 00
28 Surplus over all liabilities 1700761 60
29 Surplus as regards policyholders 3050761 60
30 Total liabilities 6097887 20
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force December 31 1911 404411354 00 4431424 45
2 Written or renewed in 1912 275661470 00 3113292 99
3 Totals 680102824 00 7544717 44
4 Deduct expiration and cancellations 234164043 00 2735897 12
5 In force December 31 19124459387S1 00 4808820 32
6 Deduct amount reinsured 55167203 00 582875 73
7 Net amount in force 390771578 00 4225944 59
Business in the State of Georgia During the Year
28 Gross risks written 3442950 00
Less 33446500 risks cancelled and 77593000 reinsur
ance in companies authorized in Georgia 1110395 00
Net risks written 2332555 00
29 Gross premiums on risks written 47778 04
Less 548524 return premiums and 1183229 premiums
for reinsurance in companies authorized in Georgia 17317 53
Net premiums received 30460 51
30 Losses paid deducting salvage 35437 52
Less losses on risks reinsured in companies authorized in
Georgia 10950 55
Net losses paid 24486 97
31 Losses incurred 26512 03
Less losses on risks reinsured in companies authorized in
Georgia 9877 92
Net losses incurred 16634 11ComptrollerGeneral s Report
301
NIAGARA FIRE INSURANCE COMPANY OF NEW YORK N Y
Harold Heirick President Geo W Dewey Secretary
J Hall Miller Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6451775 09
4 Extended at 6451775 09
HIncome
5 Gross premiums 4704531 67
6 Deduct gross amount paid for reinsurance
fire 81809731 return premiums fire
71187040 total 1529967 71
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 790860 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources
14 Interest from note as per schedule X
15 Interest from deposit with Phil Under
17 Total gross interest and rents 260758 31
25 From agents balances previously charged off 1168 45
26 Gross profit on sale or maturity of ledger assets viz
Bonds 10250 stocks 35583 89 35686 39
28 Total income 3472177 11
IHDisbursements
3174563 96
30437 84 206691 08 23413 09 210 00 6 30
1 Gross amount paid policyholders for losses
including 27416448 occurring in pre
vious years
2 Deduct amount received for salvage fire
1764456 reinsurance fire 25432855
discount fire 832300 total
180296 11302
ComptrollerGexerals Eepoet
9
10
11
12
13
14
15
16
17
20
21
22
23
34
38
41
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 6619589 and expenses 5740283 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Eents
Advertising 450919 printing and stationery 33
78627 total
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps jincluding 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 Federal corporation
tax 339150 municipal licenses 789757 total
Other disbursements Incidentals 249576 exchange
350072 commercial reports 141820 officers ex
penses 781654 subscriptions papers and periodi
cals 322248 total
Paid stockholders for interest or dividends amount de
clared duTing the year
Agents balances charged off
1691311 00
40733 08
596102 45
123598 77
200742 97
40180 09
38295 46
24206 84
3704 60
8480 23
9530 11
31567 54
12795 65
18443 11
79948 25
15246 97
11289 07
18453 70
250000 00
413 01
Total disbursements 3215042 90
IVLedger Assets
2 Mortgage loans on real estate 582000 00
4 Book value of bonds 177830750 and
stocks 3293025 89 5071333 39
5 Cash in companys office
6 Deposit in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to Oct 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
2255 39
142814 72
340130 29
563182 83
7192 68
16 Total ledger assets 6708909 30ComptrollerGenerals Eeport 303
NonLedger Assets
17 Interest accrued on mortgages 6373 87
18 Interest accrued on bonds 22010 57
24 Total 28384 44
26 Market value not including interest in item 18 of bonds
and stocks over book value 249496 61
27 Other nonledger assets viz Accrued interest on deposits
in trust companies 1791 49
30 Gross assets 6988581 84
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 7192 68
7192 68
41 Total admitted assets 6981389 16
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 13084 94
2 Gross claims for losses in process of ad
justment or in suspense 271049 41
3 Gross claims for losses resisted 34716 21
4 Total 318850 56
5 Deduct reinsurance due or accrued 77660 29
6 Net amount of unpaid losses and claims 241190 27
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1980
44626 unearned premiums fifty per
cent 990223 13
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 374493982 un
earned premiums pro rata 1979206 57
11 Total unearned premiums as computed above 2969429 70304 ComptrollerGenerals Report
18 Salaries rents expenses bills accounts fees etc due
or accrued 10770 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 50000 00
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 3000 00
21 Reinsurance premiums 42606 28
26 Total amount of all liabilities except capital 3316996 85
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 2664392 31
29 Surplus as regards policyholders 3664392 31
30 Total liabilities 6981389 16
Business in the State of Georgia During the Year
28 Gross risks written 2803796 00
Less 604474 00 risks cancelled and 80013600 reinsur
ance in companies authorized in Georgia 1404610 00
Net risks written 1399186 00
29 Gross premiums on risks written 40137 53
Less 549188 return premiums and 138209 premiums
for reinsurance in companies authorized in Georgia 6873 97
Net premiums received 33 263 56
30 Losses paid deducting salvage 28018 49
Less losses on risks reinsured in companies authorized in
Georgia 398 30
Net losses paid 27 620 19
31 Losses incurred 31189 05
Less losses on risks reinsured in companies authorized in
Georgia 398 30
Net losses incurred 30790 75ComptrollerGenerals Eeport 305
butted states branch of the north british mercantile
fire insurance company of london and
edinburgh great britain
E G Richards Manager Robert Newboult Secretary
Home Office in U S 76 Williams St New York N Y
E S Matthews Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 9558161 88
4 Extended at 9558161 88
ITIncome
5 Gross premiums 7401427 71
6 Deduct gross amount paid for reinsurance
fire 1220606 85 return premiums fire
129426965 total 2514876 50
7 Total premiums other than perpetual 4886551 21
8 Deposit premiums written on perpetual
risks gToss 3194 91
11 Gross interest on bonds and dividends on
stocks less 89599 accrued interest on
bonds acquired during 1912 326517 72
12 Gross interest on deposits in trust com
panies and banks 2948 14
13 Gross interest from all other sources viz
Phil Und Assn 630 Mil TJnd Bldg
Assn 724 Und Salvg Co 10000
Westn Insp Bureau 8792 total 201 46
17 Total gross interest and rents 329667 32
25 From agents balances previously charged off 69 45
26 Gross profit on sale oir maturity of ledger assets viz
Bonds 2199 10
28 Total income 5221681 99
IIIDisbursements
1 Gross amount paid policyholders for losses
including 50132556 occurring in pre
vious years 3161419 11
2 Deduct amount received for salvage fire
2078990 reinsurance fire 48942591 510215 81306
ComptrollerGenerals Report
3 Net amount paid policyholders for losses 2651203 30
4 Expenses of adjustment and settlement of losses 47154 83
5 Commissions or brokerage 1031903 33
6 Allowances to local agencies for miscellaneous agency
expenses 28852 02
7 Salaries 12958506 and expenses 95S6631 of special
and general agents 225451 37
8 Salaries fees and all other charges of officers directors
trustees and home office employees 290910 08
9 Eents 34613 64
10 Advertising 324040 printing and stationery 40
66039 total 43900 79
11 Postage telegrams telephone and express 32943 40
12 Legal expenses 4230 38
13 Furniture and fixtures 9455 47
14 Maps including corrections 17963 83
15 Underwriters Boards and Tariff Associations 65412 17
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 59321 97
17 Inspections and surveys 16391 19
20 State taxes on premiums 80158 82
21 Insurance department licenses and fees 19587 64
22 All other licenses fees and taxes Federal corporation
tax 122819 municipal 1010712 fire marshall
534165 total 16676 96
32 Remitted to home office 552119 17
33 Deposit premiums returned 982 13
38 Agents balances charged off 494 31
41 Total disbursements 5229726 80
IVLedger Assets
4 Book value of onds 709305769 and
stocks 130713700 total 8400194 67
5 Cash in companys office 500 00
7 Deposits in trust companies and banks on
interest 291322 70
8 Agents balances representing business
written subsequent to Oct 1 1912 825368 13
9 Agents balances representing business
written prior to Oct 1 1912 25737 79
11 Bills receivable taken for fire risks due
for other Ins Cr on losses Teed 3912 78
12 Other ledger assets Phil Un Assn 10000
Mil Und Bldg Assn 18100 Und
Salvg Co N Y 100000 Und Salvg
Co Chicago 100000 Southern AdjstComptrollerGenerals Eeport 307
Bureau 40000 Assn Adjst Insp
Bureau 20000 Assn Fire Balto
Md 10000 Sprinkler Slvg Conference
10000 total 3081 00
t
16 Total ledger assets 9550117 07
NonLedger Assets
18 Interest accrued on bonds 92738 74
24 Total 92738 74
30 Gross assets 9642855 81
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 25737 79
38 Book value of ledger assets over market
value viz 618104 67
39 Sprinkler Lkge Conference 100 00
643942 46
41 Total admitted assets 8998913 35
VLiabilities
1 Gross losses adjusted and unpaid due
8151778 not yet due 180300 83320 78
2 Gross claims for losses in process of ad
justment or in suspense 384885 16
3 Gross claims for losses resisted 74933 30
4 Total 543139 24
5 Deduct reinsurance due or accrued 102714 88
5 Net amount of unpaid losses and claims 440424 36
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 2946
80858 unearned premiums fifty per
cent 1473404 29
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired308
ComptrolleeGenebals Eepoet
fire risks running more than one year
from date of policy 608282916 un
earned premiums pro rata
3189434 08
11 Total unearned premiums as computed above 4662838 37
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received 37954 32
18 Salaries rents expenses bills accounts fees etc due
or accrued 20000 00
19 Estimated amount hereafter parable for federal state
and other taxes based upon the business of the year
of this statement 95000 00
30 Total Liabilities 5256217 05
Business in the State of Georgia During the Year
28 Gross risks written 9809921 00
Less 207705000 risks cancelled and 132572500 rein
surance in companies authorized in Georgia 3402775 00
Net risks written
29 Gross premiums on risks written
Less 1644348 return premiums and 621768 premiums
for reinsurance in companies authorized in Georgia
Net premiums received
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
6407146 00
101913 96
22661 16
79252 8
46579 65
6747 85
39831 80
39402 13
4392 85
Net losses incurred
35009 2SComptrollerGeneral s Report
NORTHERN INSURANCE COMPANY OF NEW YORK
309
William Mason President James Marshall Secretary
Milton Dargon Jr Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 350000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1243070 06
4 Extended at 1243070 06
IIIncome
5 Gross premiums 914490 69
6 Deduct gross amount paid for reinsurance
fire 10862903 return premiums fire
13477230 total 243401 33
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stock
12 Gross interest on deposits in trust com
panies and banks
4860 00
46868 75
103 18
17 Total gross interest and Tents
19 Loan from Hanover National Bank
26 Gross profit on sale or maturity of ledger assets viz
Stocks
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 175000 stocks 1247500 total
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
671 089 36
51831 93
25000 00
100 13
14225 00
28 Total income 762246 42
IIIDisbursements
1 Gross amount paid policyholders for losses
including 50907 21 occurring in pre
vious years 414801 38
2 Deduct amount received for salvage fire
505849 reinsurance fire 5254643
discount fire 92431 total 58592 23
356272 15
8473 74
310 ComptrollerGenerals Eepoet
5 Commissions or brokerage 237613 80
8 Salaries fees and all other charges of officers directors
trustees and home office employees 1280 00
9 Rents 4500 00
10 Adertising 6 00
15 Underwriters Boards and Tariff Associations 4941 49
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 6250 37
20 State taxes on premiums 13762 11
21 Insurance department licenses and fees 2756 45
22 All other licenses fees and taxes Federal corporation
tax 1867 96
City licenses 246 10
23 Other disbursements Agents bonds 20200 audit
43750 Hanover Bank repayment of loan 2500000
Hanover Bank interest on loan 30663 memorial to
Pres Lovell 5000 safe deposit rental 5500 26051 13
34 Paid stockholders for interest or dividends amount de
clared during the year 21000 00
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 110000 stocks 501250 total 6112 50
41 Total disbursements 691133 80
IVLedger Assets
2 Mortgage loans on real estate 128000 00
4 Book value of bonds 37800000 and
stocks 67873750 1056737 50
6 Deposit in trust companies and banks not
on interest 10418 17
7 Deposits in trust companies am banks on
interest 27160 84
8 Agents balances representing business
written subsequent to October 1 1912 91521 77
9 Agents balances representing business
written prior to Oct 1 1912 344 40
16 Total ledger assets 1314182 63
NonLedger Assets
17 Interest accrued on mortgages 1718 75
18 Interest accrued on bonds 4037 46
20 Interest accrued on Trust Co balance 79 65
24 Total 5835 86
30 Gross assets 1320018 54ComptrolleeGenebal s Report
311
Beduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 344 40
38 Book value of ledger assets over market
value 15662 50
16006 90
41 Total admitted assets 1304011 64
VBiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 162643
reserve for losses incurred prior to Bee
31 of which no notice had been received
on that date 58608 30
3 Gross claims for losses resisted 5000 00
4 Total 63608 30
5 Beduct reinsurance due or accrued 10950 42
6 Net amount of unpaid losses and claims 52657 88
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 42355827
unearned premiums fifty per cent 211779 13
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 75242166 un
earned premiums pro rata 402038 99
11 Total unearned premiums as computed above 613818 12
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 15000 00
21 Reinsurance premiums 16614 69
26 Total amount of all liabilities except capital 698090 69
27 Capital actually paid up in cash 350000 00
28 Surplus over all liabilities 255920 95
29 Surplus as regards policyholders 605920 95
30 Total liabilities 1304011 64312 ComptrollerGenerals Report
VIEisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 130791549 00 127021175
2 Written or renewed during the year 92770794 00 914490 69
4 Total 223562343 00 2184702 44
5 Deduct those expired and marked off as
terminated 82835984 00 840918 98
6 In force at the end of the year140726359 00 1343783 46
7 Deduct reinsurance schedule required 17838391 00 167803 53
8 Net amount in force122SS7968 00 1175979 93
THE NORTHERN ASSURANCE COMPANY LIMITED
Geo W Babb Attorney and Manager
ICapital Stock
1 Amount of capital paid up
in cash 1500000 00
1 Statutory Deposit 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 538041736
4 Extended at
5380417 36
IIIncome
5 Gross premiums 4630875 28
6 Deduct gross amount paid for reinsurance
fire 104451947 return premiums
fire 75257081 total 1797090 28
7 Total premiums other than perpetual 2833785 00
11 Gross interest on bonds and dividends on
stocks 178353 75
12 Gross interest on deposits in trust com
panies and banks 5452 71
16 Gross rents from companys property 8000 04
17 Total gross interest and rents 191806 50COMPTROLLERGrENERAIiS BEPORT 313
18 Prom other sources Received from head office during the
year 174394 98
28 Total income 3200006 48
IIIDisbursements
1 Gross amount paid policyholders for losses
including 30080086 occurring in pre
vious years 2070990 95
2 Deduet amount received for salvage fire
1917614 reinsurance fire 537
43879 discount fire 116218 total 557777 11
3 Net amount paid policyholders for losses 1513213 84
4 Expenses of adjustment and settlement of losses 40090 59
5 Commissions or brokerage 448700 07
7 Salaries 6955601 and expenses 5809314 of special
and general agents 127649 15
8 Salaries fees and all other charges of officers directors
trustees and office employees 220239 99
9 Rents 27075 24
10 Advertising 1109192 printing and stationery 25
95036 total 37042 28
11 Postage telegrams telephone and express 20987 04
12 Legal expenses 1488 64
13 Furniture and fixtures 4481 28
14 Maps including corrections 9371 20
15 Underwriters Boards and Tariff Associations 49273 58
16 Pire department fire patrol and salvage corps assess
ments fees taxes and expenses 29919 02
17 Inspections and surveys 20094 18
18 Repairs and expenses other than taxes on real estate 429 00
20 State taxes on premiums 63621 47
21 Insurance department licenses and fees 17239 59
22 All other licenses fees and taxes Federal corporation
tax 3671 52
County and municipal taxes etc 14123 16
24 Books newspapers and periodicals 1051 38
25 Cleaning heating and lighting 1279 57
26 Collection and exchange fees 3800 39
27 Traveling i 3514 58
28 Miscellaneous 5647 12
29 Remitted to head office during the year 528223 03
38 Agents balances charged off 5520 85
39 Gross loss on sale or maturity of ledger assets viz
Bonds 1042 85
41 Total disbursements 3198790 61314 CompteollebGenebals Eepokt
IVLedger Assets
1 Book value of real estate 115000 00
4 Book value of bonds 416220S16 and
stocks 29426590 total 4456474 06
5 Oash in companys office 146 6S
6 Deposit in trust companies and banks not
on interest 7501 97
7 Deposits in trust companies smd banks on
interest 247269 02
8 Agents balances representing business
written subsequent to Oct 1 1912 532056 36
9 Agents balances representing business
written prior to Oct 1 1912 13754 25
11 Bills receivable taken for fire risks 8754 90
12 Other ledger assets viz Balance of
account Frankona Reinsurance Co 675 99
16 Total ledger assets 5381633 23
NonLedger Assets
18 Interest due 2310500 and accrued 26
92048 on bonds 50025 48
24 Total 50025 48
25 Market value of real estate over book value 75000 00
27 Other nonledger assets viz Premiums on reinsurance
premiums 26943 22
28 Due from other companies for reinsurance on losses
already paid 23023 39
29 Earned profit commission due from reinsurance admitted
companies 8000 00
30 Gross assets 5564625 32
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 13754 25
35 Bills receivable past due taken for ma
rine inland and fire risks S754 90
38 Book value of ledger assets over market
value 250094 00
41 Total admitted assets 5292022 11ComptrollerGenerals Report 315
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 22412 46
2 Gross claims for losses in process of ad
justment or in suspense plus 1130064
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 348868 96
3 Gross claims for losses resisted 110567 50
4 Total 481848 92
5 Deduct reinsurance due or accrued 176463 88
6 Net amount of unpaid losses and claims 305385 04
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1718
11113 unearned premiums fifty per
cent 859055 57
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 353777794 un
earned premiums pro rata 1845413 55
11 Total unearned premiums as computed above 2704469 12
18 Salaries rents expenses bills accounts fees etc due
or accrued 27488 10
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 80678 21
21 Reinsurance premiums 90521 06
26 Total amount of all liabilities except capital 3208541 53
27 Statutory deposit 200000 00
28 Surplus over all liabilities 1883480 58
29 Surplus as regards policyholders 2083480 58
30 Total liabilities 5292022 11
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last316 ComptrollerGenerals Keport
years statement 603587720 6401307 74
2 Written or renewed during the year 441392234 4630875 28
3 Excess of original premiums over
amount received for reinsurance 1088 42
4 Total 1045179954 11033271 44
5 Deduct those expired and marked off as
terminated 412144435 4421194 23
6 In farce at the end of the year 633035519 6612077 21
7 Deduct reinsurance schedule required 132137635 1366188 14
8 Net amount in force 500897884 5245889 07
Business in the State of Georgia During the Year
28 Gross risks written 4686373 00
Less 66888500 risks cancelled and 36745300 reinsur
ance in companies authorized in Georgia 1036338 00
Net risks written 3650035 00
29 Gross premiums on risks written 63295 01
Less 505296 return premiums and 2194S2 premiums
for reinsurance in companies authorized in Georgia 724778
Net premiums received 56047 23
30 Losses paid deducting salvage 50426 96
Less losses on risks reinsured in companies authorized in
Georgia 198 42
Net losses paid 50228 54
31 Losses incurred 29627 40
Less losses on risks reinsured in companies authorized in
Georgia 138 42
Net losses incurred 29488 98
NOED DENTSCHE INSURANCE COMPANY OF HAMBURG GERMANY
J H Leneham United States Manager
Home Office 123 Williams St New York N Y
W H Rhett Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00ComptrollerGexeral s Report
2 Amount of ledger assets as per balance
December 31 of previous year 646917 80
4 Extended at
HIncome
5 Qross premiums 689888 69
6 Deduct gross amount paid for reinsurance
fire 13660229 return premiums fire
12512623 total 261728 52
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 139999 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
21141 50
279 39
17 Total gross interest and rents
18 From other sources Cash received from home office
28 Total income
317
646917 80
428160 17

21420 89
65000 00
514581 06
IIIDisbursements
Gross amount paid policyholders for losses
including 2754043 occurring in pre
vious years
Deduct amount received for salvage fire
111552 reinsurance fire 4645863
discount fire 12463 total
169709 36
47698 78
3 Xet amount paid policyholders for losses j
4 Expenses of adjustment and settlement of losses
5 Commissions or Brokerage
7 Expenses of special and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 298844 printing and stationery 1
70104 total
11 Postage telegrams telephone and express
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
122010 58
1753 38
119278 11
2719 18
12713 32
375 00
4689 48
109 06
25 00
7320 39
3685 64
1504 1
518
ComptrollerGenerals Report
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes State county and
municipal taxes
23 Other disbursements Miscellaneous incidental expenses
39 Gross loss on sale or maturity of ledger assets viz
Bonds
41 Total disbursements
IVLedger Assets
4 Book value of Bonds 681698 13
5 Cash in companys office
6 Deposit in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to Oct 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
71975 IS
15305 75
107849 46
692 28
16 Total ledger assets
XonLedger Assets
18 Interest accrued on bonds
rS88 30
24 Total
28 Reinsurance due on losses paid
29 Commissions on unpaid reinsurance premiums
2329 07
3308 26
1492 66
200 45
438 99
283953 06
877545 80
7888 30
3888 33
7205 74
30 Gross assets 896528 17
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to October 1 1912
38 Book value of ledger assets over market
value
39 Reinsurance on paid losses in unadmitted
company
692 28
12928 13
45 00
13665 41
41 Total admitted assets 882862 76ComptrollerGenerals Report
VLiabilities
1 Gross losses adjusted and unpaid due
163 not yet due 460213 4603 76
2 Gross claims for losses in process of ad
justment or in suspense 25530 79
3 Gross claims for losses resisted 1200 00
4 Total
5 Deduct reinsurance due or accrued
34334 55
2759 83
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 309
09360 unearned premiums fifty per
cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 19357195 un
earned premiums pro rata
154546 80
133436 56
11 Total unearned premiums as computed above
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 be
come due to agents and brokers
21 Reinsurance premiums
26 Total amount of all liabilities except capital
29 Surplus as regards policyholders
319
31576 72
287983 36
5000 00
8652 21
29718 90
362931 19
519931 57
30 Total liabilities 882862 76
VIRisks and Premiums
Fire Risks
Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 22900404 00
2 Written or renewed during the year 65904465 00
3 Excess of original premiums over
amount received for reinsurance
4 Total 88804809 00
243658 15
689888 69
420 12
933966 96320 ComptrollerGenerals Keport
5 Deduct those expired and marked off as
terminated
30993577 00
317950 15
In force at the end of the year 57811292 00 616 016 81
Deduct amount reinsured schedule re
quired 10842831 00 113351 26
8 Net amount in force 46968461 00 502665 55
Business in the State of Georgia During the Year
28 Gross risks written 227097 00
Less 7860000 risks cancelled and 485000 reinsur
ance in companies authorized in Georgia 83450 00
Net risks written 143647 00
29 Gross premiums on risks written 2797 30
Less 56719 return premiums and 6161 premiums for
reinsurance in companies authorized in Georgia 628 80
Net premiums received
Net losses paid
Net losses incurred
2168 50
120 12
120 12
NORTH RIVER FIRE INSURANCE COMPANY OF NEW YORK N Y
Wm E Hutching President P H Crum Secretary
T L Riley Attorney for Service in Georgia
ICapital stork
1 Amount of capital paid up
in cash
350000 00
4 Extended at 2369066 8
IIIncome
5 Gross premiums 3310005 55
6 Deduct gross amount paid for reinsurance
fire 98073066 return premiums fire
61994078 total 160067144
7 Total premiums other than perpetual 1709734 11
9 Gross interest on mortgage loans 33356 37
10 Gross interest on collateral loans 1250 94ComptrollerGenerals Eeport
321
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust com
panies and banks 3 fflj 07
46642 61
17 Total gross interest and rents
26 Gross profit on sale or maturity of ledger assets viz
Bonds 520156 stocks G6oT0 total
S4454 99
11877 06
28 Total income 1806066 16
ILTDisbursements
1 Gross amount paid policyholders for losses
including 19311281 occurring in pre
vious years 1489807 41
2 Deduct amount received for salvage fire
1373540 reinsurance fire 538
28940 discount fire 172802 553752 82
9
10
11
12
14
15
16
17
20
21
22
23
34
39
Xet amount paid policyholders for losses 3
Kxpenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 2114431 and expenses 32S9476 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Printing and stationery
Postage telegrams telephone and express
Legal expenses
Maps including corrections
Underwriters Boards and Tariff Associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 213 municipal taxes required in various states
627634 total
Other disbursements Premiums on surety bonds 46350
suppers 360429 carfare 14473 towels and soap
25989 ice and water 10803 examination by X Y
Insurance Department 61371 total
Paid stockholders for interest on dividends amount de
clared during the year 3500000
Gross loss on sale or maturity of ledger assets viz
Bonds 329125 stocks 262700 total
936054 59
24527 56
406219 11
54039 07
139463 55
15000 00
10586 79
5061 45
1673 38
5927 75
15128 52
9664 80
12270 38
32823 55
7900 34
6278 47
5194 15
34830 00
5918 25322 CompteollebGteneeals Eepoet
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 146 67
41 Total disbursements 1728708 38
IVLedger Assets
2 Mortgage loans on real estate 853100 00
3 Loans secured by pledge of bonds stocks
or other collateral 30690 00
4 Book value of bonds 11354583 and
stocks 77924192 total 892787 75
7 Deposits in trust companies and banks on
interest 281459 44
8 Agents balances representing business
written subsequent to Oct 1 1912 388387 43
16 Total ledger assets 2446424 62
NonLedger Assets
17 Interest accrued on mortgages 12033 15
18 Interest accrued on bonds 1183 32
19 Interest accrued on collateral loans 182 52
24 Total 13398 99
26 Market value not including interest in item 18 of bonds
and stocks over book value 17128 25
30 Gross assets 2476951 86
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 30452 75
2 Gross claims for losses in process of ad
justment or in suspense plus 2000000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 155263 75
3 Gross claims for losses resisted 18968 50
4 Total 204685 00
5 Deduct reinsurance due or accrued 76495 82
6 Net amount of unpaid losses and claims 128189 18
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpiredComptrollerGeneral s Report
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1155
48813 unearned premiums fifty per
oent 577744 06
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 155610778 un
earned premiums pro rata 839660 31
323
11 Total unearned premiums as computed above 1417404 37
17 Dividends declared and unpaid to stockholders 2607 75
18 Salaries rents expenses bills accounts fees etc due
or accrued 2000 00
19 Estimated amount heerafter payable for federal state
and other taxes based upon the business of the year
of this statement 25 000 00
26 Total amount of all liabilities except capital 1575201 30
27 Capital actually paid up in cash 350000 00
28 Surplus over all liabilities 551750 56
29 Surplus as regards polieyholders
901750 56
30 Total liabilities 2476951 86
VIBisks and Premiums
Fire Risks Premiums Thereon
1 In force December 31 1911348266024 00 3734777 52
2 Written or renewed in 1912 311704314 00 3310005 55
3 Excess of original premiums over
amount received for reinsurance 14 466 53
4 Totals 659970338 00
5 Deduct expirations and cancellations 284770493 00
6 In force December 31 1912375199845 00
7 Deduct amount reinsured 120588943 00
7059249 60
3102426 24
3956823 36
1245227 45
8 Net amount in force 254610902 00 2711595 91
Business in the State of Georgia During the Year
28 Gross risks written 2877745 00
Less 94979200 risks cancelled and 75927400 reinsur
ance in companies authorized in Georgia 1709066 00324 ComptrollerGenerals Eeport
Net risks written 1168679 00
29 Gross premiums on risks written 42 668 17
Less 1178267 return premiums and 998353 premiums
for reinsurance in companies authorized in Georgia 21766 20
Net premiums received 20 901 97
30 Losses paid deducting salvage 7 319 49
Less losses on risks reinsured in companies authorized in
Georgia 156400 00
Net losses paid 5755 49
31 Losses incurred q qq 49
Less losses on risks reinsured in companies authorized in
Georgia 1635 30
Net losses incurred 4731 19
UNITED STATES BRANCH OF THE NORWICH UNION FIRE
INSURANCE SOCIETY LTD OF NORWICH ENGLAND
United States Resident Managers J Montgomery Hare and William Hare
Augustus Wilkerson Atlanta Ga Attorney for Service in Georgia
ICapital Stock
1 Amount of capital deposited 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2709196 63
4 Extended at 2709196 63
IIIncome
5 Gross premiums 2662 425 36
6 Deduct gross amount paid for reinsurance
fire 58367855 return premiums fire
34090434 total 024582 89
7 Total premiums other than perpetual 1737 S42 37
11 Gross interest on bonds and dividends on
stocks less 67210 accrued interest on
bonds acquired during 1912 86474 18
12 Gross interest on deposits in trust com
panies and banks 3576 32ComptrollerGenerals Report 325
13 Gross interest from all other sources viz
Dividend on stock of underwriters sal
vage company of N T 100 00
17 Total gross interest and rents 90 150 50
25 From agents balances previously charged off 3 91
26 Gross profit on sale or maturity of ledger assets viz
Bonds 2562 50
28 Total income ijS40559 28
IIIDisbursements
1 Gross amount paid policyholders for losses
including 152671 12 occurring in pre
vious years 1213268 05
2 Deduct amount received for salvage fire
1497333 reinsurance fire 291
68053 total 306653 86
9
10
11
12
13
14
15
16
17
20
21
22
23
Net amount paid policyholders for losses j
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 5617603 and expenses 4491318 of special
and general agents
Salaries fees and all other chaxges of officers directors
trustees and home office employees
Rents
Advertising 480180 printing and stationery 1664579
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 Federal corporation
tax 41036 city and county taxes 177540 city
and county licenses 615268 fees in connection with
deposits in Ohio Virginia and Georgia 4525
Other disbursements Subscriptions to directories Insce
and other publications 124470 water ice towels
and petty supplies 53879 auditors fees and credit
906614 19
19906 32
317105 09
940 37
101119 21
136642 39
15636 56
21447 59
14835 77
1416 63
1449 86
5485 66
28454 24
18278 31
6294 27
35874 61
16211 01
8383 69326 ComptrollekGenerals Eeport
reports 243750 rent of safe deposit vaults and
premiums on bonds 59603 library bureau for
statistical tabulation 262000 miscellaneous office
disbursements 401688 total 11453 90
31 Remitted to home office 104629 83
38 Agents balances charged off 1041 97
41 Total disbursements 1773227 47
IVLedger Assets
4 Book value of bonds 165373141 and
stocks 43775576 total 2091487 17
5 Cash in companys Branch office 22 02
6 Deposit in trust companies and banks not
on interest 3S70 40
7 Deposits in trust companies and banks on
interest 373422 07
8 Agents balances representing business
written subsequent to Oct 1 1912 300636 03
9 Agents balances representing business
written prior to Oct 1 1912 5682 72
11 Bills receivable taken for fire risks 1921 43
13 Total 2777041 Si
14 Less ledger liabilities special agents balances 513 40
16 Total ledger assets 2776528 44
XonLedger Assets
18 Interest due 1171500 and accrued 10
16583 on bonds 218S0 83
21 Reinsurances due on losses paid 2196 55
24 Total 2800605 82
30 Gross assets 2800605 S2
Deduct Assets Not Admitted
31 Cash 389242 investments 1055000
not in control of trustees 14412 42
34 Agents balances representing business
written prior to Oct 1 1912 5682 72
35 Bills receivable past due taken for ma
rine inland and fire risks 1921 43ComptrollerGenerals Eeport
327
38 Book value of ledger assets over market
value viz Stocks and bonds
17533 17
41 Total admitted assets 2761026 08
VLiabilities
1 Gross losses adjusted and unpaid due
3169150 not yet due 716781 38859 31
2 Gross claims for losses in process of ad
justment or in suspense plus 1059375
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 92900 00
3 Gross claims for losses resisted 27404 00
4 Total 159163 31
5 Deduct reinsurance due or accrued 37863 50
6 Net amount of unpaid losses and claims 121299 81
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1108
97170 unearned premiums fifty per
cent 554485 85
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 202451252 un
earned premiums pro rata 1055017 63
11 Total unearned premiums as computed above 1609503 48
18 Salaries rents expenses bills accounts fees etc due
or accrued 1992 62
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 35656 84
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 18390 39
21 Return premiums 617728 reinsurance premiums 41
31783 total 47495 11
26 Total amount of all liabilities except capital 1834338 25
27 Deposit capital 200000 00
28 Surplus over all liabilities 726687 83
328 ComptrollerGenerals Beport
29 Surplus as regards policyholders
926687 83
30 Total liabilities 2761026 08
VIRisks and Premiums
Tire Eisks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 367934395 00 3813653 14
2 Written or renewed during the year 258887922 00 2662425 26
3 Excess of original premiums over
amount received for reinsurance 22802 32
4 Total 626822317 00 6498880 72
5 Deduct those expired and marked off as
terminated 243923007 00 2555694 35
6 In force at the end of the year382899310 00 3943186 37
7 Deduct reinsurance schedule required 82415345 00 809702 15
8 Net amount in force 300483965 00 3133484 22
Business in the State of Georgia During the Year
28 Gross risks written 3 252 810 00
Less 53830900 risks cancelled and 39888700 reinsur
ance in companies authorized in Georgia 917196 00
Net risks written 2315614 00
29 Gross premiums on risks written 30 207 27
Less 354902 return premiums and 124793 premiums
for reinsurance in companies authorized in Georgia 4796 95
Net premiums received
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred 4
27410 32
12900 67
285 43
12615 24
11617 35
295 79
11321 56ComptrollerGenerals Eeport
329
ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
Archibald G Mcllwaine Jr President Henry W Gray Jr Secretary
Eobert A Hancock Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
4 Extended at 338692o 29
IIIncome
5 Gross premiums 2 341 944 24
6 Deduct gross amount paid for reinsurance
fire 47592762 marine and inland 8
28787 return premiums fire 384
38990 marine and inland 2430359 892908 98
7 Total premiums other than perpetual 1449035 26
11 Gross interest on bonds and dividends on
stocks less 354451 accrued interest on
bonds acquired during 1912 112 29S 49
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
Agents balances
Bills receivable
16 Gross rents from companys property in
cluding 452812 for companys occu
pancy of its own buildings
8660 82
29 85
2 68
12500 00
17 Total gross interest and rents 133 491 84
26 Gross profit on sale or maturity of ledger assets viz
Bonds 251 90
28 Total income 1582779 00
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1608049 occurring in pre
vious years 1008145 71
2 Deduct amount Teceived for salvage fire
537544 marine and inland 32500
reinsurance fire 24626626 marine330
ComptkollekGexekals Eepoet
and inland 258702 discount fire
62018 total
255173 90
9
10
11
12
13
14
15
16
17
18
19
20
21
92
23
34
Net amount paidpolieyholders for losses
Expenses of adjustment and settlement of losses
ommissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 3007465 and expenses 2609584 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Kents including 452812 for companys occupancy of
its own buildings
Advertising 378890 printing and stationery 11
42467 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 Federal corporation
tax 115127 municipal taxes and licenses 528591
franchise tax 1312850 total
Other disbursements Exchange 105690 subscriptions
79480 miscellaneous 380528 total
Paid stockholders for interest on dividends amount de
clared during the year
41 Total disbursements
752971 81
24402 52
299640 35
2364 75
56170 49
63614 35
8712 41
15213 57
10143 19
677 70
1115 23
3305 33
23471 93
17549 08
8631 04
3008 49
3693 50
27632 34
11080 69
19565 is
5656 98
100000 00
1458621 43
IVLedger Assets
1 Book value of real estate 167 686 38
4 Book value of bonds 276002344 and
storks 8826260 total 2848286 04
5 Cash in companys office 2000 88
6 Deposit in trust companies and banks not
on interest 083 83
7 Deposits in trust companies and banks on
int est 209098 02ComptrollerGenerals Report 331
8 Agents balances representing business
written subsequent to Oct 1 1912 267741 25
9 Agents balances representing business
written prior to Oet 1 1912 6923 81
11 Bills receivable taken for fire risks 108 25
12 Other ledger assets viz Balances due
from other companies
13 Assurance Co so America 16 88
14 Surety Fire Ins Co Baltimore 17 65
15 AtlantaBirmingham Ins Co 114 87
16 Total ledger assets 3511077 86
NonLedger Assets
18 Interest due 1857583 and accrued 17
94206 on bonds 36517 89
24 Total 365lr 89
27 Other nonledger assets viz Reinsurance on paid losses 9780 15
28 Commissions on unpaid reinsurance 5 722 82
30 Gross assets 3563098 72
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 6923 81
35 Bills receivable past due taken for ma
rine inland and fire risks 62 50
38 Book value of ledger assets over market
value viz Stocks and bonds 127961 04
39 Balances due from other companies 132 52
135079 87
41 Total admitted assets 3 428 018 85
VLiabilities
1 Gross losses adjusted and unpaid due
1549400 not yet due 78600
2 Gross claims for losses in process of ad
justment or in suspense plus 420000
Teserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
16280 00
118119 40
17363 75332 ComptrollerGenerals Eeport
4 Total 151763 15
5 Deduct reinsurance due or accrued 22336 31
6 Net amount of unpaid losses and claims 129 426 84
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 832
47343 unearned premiums fifty per
cent 416236 70
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 184566592 un
earned premiums pro rata 981441 6S
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
7407906 unearned premiums fifty
Per cent 37039 S3
11 Total unearned premiums as computed above 1434 717 l
18 Salaries rents expenses bills accounts fees etc due
or accrued 370 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 33 qo oo
21 Return premiums 117354 reinsurance premiums 11
49121 total 12i6C4 7
23 All other liabilities viz Balances due other companies 256 90
26 Total amount of all liabilities except capital 1610736 40
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 1317282 45
29 Surplus as regards policyholders 1 si 7 is2 45
30 Total liabilities j 3428018 85
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 300105644 00 3170489 04
2 Written or renewed during the year 217000038 00 2236 9gComptrollerGenerals Beport 333
4 Total 517105682 00 540682299
5 Deduct those expired and marked off as
terminated 194473534 00 2123165 32
6 In force at the end of the year 322632148 00 3283657 67
7 Deduct amount reinsured schedule re
quired 57860410 00 605518 32
8 Xet amount in force 264771738 00 2678139 35
Business in the State of Georgia During the Year
28 Gross risks written 2 794 778 00
Less 46758500 risks cancelled and 11731600 reinsur
ance in companies authorized in Georgia 584901 00
Xet risks written 2209877 00
29 Gross premiums on risks written 33 030 09
Less 479259 return premiums and 68027 premiums
for reinsurance in companies authorized in Georgia 5472 86
Net premiums received 27 557 23
30 Losses paid deducting salvage 15 658 44
Less losses on risks reinsured in companies authorized in
Georgia 29 57
Net losses paid 15628 87
31 Losses incurred 15060 32
Less losses on risks reinsured in companies authorized in
Georgia 29 57
Net losses incurred 15 030 75
PACIFIC FIRE INSURANCE COMPANY OF NEW YORK N Y
C V Meserole President H G Stephens Secretary
Home Office 111 William St New York N Y
J F Lewis 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 909211 58
4 Extended at 909211 58334
ComptrollerGeneral s Report
IIIncome
5 Gross premiums 743703 92
6 Deduct gross amount paid for reinsurance
fire 117532 22 return premiums fire
16063880 total 278171 02
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks 34599 45
12 Gross interest on deposits in trust com
panies and banks 237 01
13 Gross interest from all other sources 6 30
17 Total gross interest and rents3
26 Gross profit on sale or maturity of ledger assets viz
Stocks
28 Total income
111Disbursements
1 Gross amount paid policyholders for losses
including 4858637 occurring in pre
vious years 329423 43
2 Deduct amount received for salvage fire
356841 reinsurance fire 3912723
discount fire 178430 total 44479 84
9
10
11
12
13
16
20
21
22
34
Net amount paid policyholders for losses i
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising printing and stationery
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 9035 auto expenses 11352 total
Paid stockholders for interest on dividends amount de
clared during the year
465532 90
34842 76
167 87
500543 53
41 Total disbursements
284943 59
2878 21
121213 53
7531 16
875 OK
1641 05
189 74
281 66
10 53
3438 29
5708 86
1120 41
203 87
28000 00
457835 90
ComptbollebGenebal s Bepoet
IVLedger Assets
4 Book value of bonds 36589000 and
stocks 48290818 total 84879818
5 Cash in companys office 92 54
6 Deposit in trust companies and banks not
on interest 10695 73
7 Deposits in trust companies and banks on
interest 976 18
8 Agents balances representing business
written subsequent to Oct 1 1912 91356 58
16 Total ledger assets
NonLedger Assets
18 Interest on bonds 2846 25
24 Total
30 Gross assets
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 18513 18
41 Total admitted assets
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 633200
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 63569 80
3 Gross claims for losses resisted 9385 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual risks 205481 84
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 61655 11
335
951919 2i
2846 25
954765 46
936252 28
72954 80336
ComptrollerGenerals Eeport
11 Total unearned premiums as computed above 267136 95
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 5000 00
26 Total amount of all liabilities except capital 345091 75
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 391160 53
29 Surplus as regards policyholders 591160 53
30 Total liabilities 936252 28
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 44480810 00 584453 65
2 Written or renewed during the year 57369122 00 743703 90
4 Total 101849932 00 1328157 57
5 Deduct those expired and marked off as
terminated 47926204 00 673764 SO
6 In force at the end of the year 53923728 00 654392 77
7 Deduct reinsurance schedule required 10152849 00 124297 52
8 Net amount in force 43770879 00 530095 25
PALATINE INSURANCE COMPANY LTD OF LONDON ENGLAND
A IT Viray iTauager
John A Whitner Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 3460152 47
4 Extended at 3469152 47
IIIncome
5 Gross premiums 2756044 07
6 Deduct gross amouut paid for reinsuranceComptrollerGenerals Report
337
fire 40323107 return premiums fire
53826574 total 941496 81
7 Total premiums other than perpetual 1814547 26
11 Gross interest on bonds and dividends on
stocks less 149417 accrued interest
on bonds acquired during 1912 116285 83
12 Gross interest on deposits in trust com
panies and banks 3508 59
17 Total gross interest and rents 119 794 42
23 Received from home office 2 628 21
26 Gross profit on sale or maturity of ledger assets viz
Stocks 2493 01
28 Total income 1939462 90
IIIDisbursements
1 Gross amount paid policyholders for losses
including 9654998 occurring in pre
vious years 1138196 92
2 Deduct amount received for salvage fire
1026006 reinsurance fire 180
50499 total 190765 05
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 2846056 and expenses 2031601 of special
and general agents
8 Salaries fees and all other cEarges of officers directors
trustees and home office employees
9 Bents
10 Advertising 119800 printing and stationery 14
34727 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
947431 87
25377 17
413274 93
3196 66
48776 57
76718 10
11497 89
15545 27
10407 78
712 10
3577 84
2899 93
19743 12
15460 37
11712 80
32639 23
8729 24338 ComptrollerGexekals Eepokt
22 All other licenses fees and taxes Federal corporation
tax 112214 city and county taxes 708333 fran
chise tax 114697 total 9352 44
31 Exchange 1749 14
32 Remitted home office 410205 24
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 522695 stocks 764140 total 12868 35
41 Total disbursements 2081876 04
IVLedger Assets
4 Book value of bonds 237280137 and
stocks 34980390 total 2722605 27
6 Deposit in trust companies and banks not
on interest 19603 11
7 Deposit in trust companies and banks on
interest 184766 06
8 Agents balances representing business
written subsequent to Oct 1 1912 390033 37
9 Agents balances representing business
written prior to Oct 1 1912 9678 85
11 Bills receivable taken for fire risks 52 67
16 Total ledger assets 3326739 35
XonLedger Assets
18 Interest accrued on bonds 31634 00
24 Total 31634 00
30 Gross assets 3358373 33
Deduct Assets Xot Admitted
34 Agents balances representing business
written prior to Oct 1 1912 9678 85
35 Bills receivable past due taken for ma
rine inland and fire risks 52 67
38 Book value of ledger assets over market
value viz Bonds and stocks 98065 27
40 Cash investments not in control of trustees 108869 17
516665 96
41 Total admitted assets 2841707 37ComptrollerGenerals Keport
339
Liabilities
1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of ad
justment or in suspense plus 2160000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
24238 00
134499 00
23683 00
182420 00
34969 32
6 Net amount of unpaid losses and claims 147450
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1256
66481 unearned premiums fifty per
cent 628332 41
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 201597534 un
earned premiums pro rata 1087985 02
11 Total unearned premiums as computed above 1716317 43
18 Salaries rents expenses bills accounts fees etc due
or accrued 10385 82
19 Estimated amount hereafter payable for federal state
and other faxes based upon the business of the year
of this statement 35061 62
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 42744 25
21 Return premiums 959741 reinsurance premiums 38
44805 total 48045 46
26 Total amount of all liabilities except capital 2000005 26
28 Surplus over all liabilities 841702 11

30 Total liabilities 2841707 37
VIBisks and Premiums
Fire Eisks Premiums Thereon
1 In force December 31 1911324742726 00 3639245 61
2 Written or renewed during 1912 250528193 00 2756044 07340 ComptrolleeGeneeals Report
4 Totals575270919 00 6395289 68
5 Deduct expirations and cancellations 2245838S1 00 2546959 16
6 In foTce December 31 1912350687038 00 3848330 52
7 Deduct amount reinsured 52884037 00 575690 37
8 Net amount in force 297803001 00 3272640 15
THE PENNSYLVANIA FIRE INSURANCE COMPANY OF
OF PHILADELPHIA PENN
R Dale Benson President
W Gardner Crowell Secretary
ICapital Stock
Amount of capital paid up
in cash 750000 00
Amount of ledger assets as per balance
December 31 of previous year 7743621 15
IIIncome
Gross premiums 4644627 36
Deduct gross amount paid for reinsurance
fire 50157895 return premiums fire
66556269 total 1167141 64
9
10
11
12
13
16
IS
26
Total premiums other than perpetual 3477485 72
Deposit premiums written on perpetual
risks gross
Gross interest on mortgage loans
Gross interest on collateral loans
Gross interest on bonds and dividends on
stocks less 365780 accrued interest
on bonds acquired during 1912
Gross interest on deposits in trust com
panies and banks
Gross interest from all other sources
Gross rents from companys property in
cluding 800000 for companys occu
pancy of its own buildings
From other sources Transfer fees 39550 conscience
45000 total 845 50
Gross profit on sale or maturity of ledger assets viz
Bonds 10537 38
96061 75
9509 95
8040 17
279193 47
3974 2i
6 30
B283 oo
28 Total income 3893939 50ComptrollerGenerals Eepobt
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 37688631 occurring in pre
vious years 2095174 52
2 Deduct amount received for salvage fire
647269 reinsurance fire 9515910
discount fire 171060 total 103342 39
341
9
10
11
12
13
14
15
16
17
18
19
20
21
90
23
33
34
Net amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 11636560 and expenses 2424148 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents including 800000 for companys occupancy of
its own buildings
Advertising 471717 printing and stationery 2449120
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 Federal corporation
tax
Municipal
Capital stock
Other disbursements Miscellaneous
Deposit premiums returned
Paid stockholders for interest on dividends amount de
clared during the year
Gross loss on sale or maturity of ledger assets viz
Bonds
1991832 13
54335 87
770575 05
140007 08
72208 50
22366 18
29208 37
22905 76
1397 35
2668 31
8442 09
45563 75
1615 22
12693 00
440 73
2445 59
78058 14
15568 34
2489 71
7120 55
8861 99
23559 20
28730 55
225000 00
1080 00
41 Total disbursements 3569773
k
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
189377 07
174750 00342 ComptrollerGenerals Eeport
3 Loans secured by pledge of bonds stocks
or other collateral 275467 11
4 Book value of bonds 606420147 and
stocks 42042040 total 6484621 87
5 Cash in companys office 1262 49
7 Deposit in trust companies and banks on
interest 181825 79
8 Agents balances representing business
written subsequent to Oct 1 1912 727491 68
9 Agents balances representing business
written prior to Oct 1 1912 32991 18
16 Total ledger assets 8067787 19
NonLedger Assets
17 Interest accrued on mortgages 2292 87
18 Interest accrued on bonds 83821 62
19 Interest accrued on collateral loans 1445 84
24 Total 87560 33
30 Gross assets 8155347 52
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 32991 18
38 Book value of ledger assets over market
value viz Bonds 207400 87
39 Real estate 50377 07
40 Collateral 8967 11
41 Total admitted assets 7855611 29
VLiabilities
1 Gross losses adjusted and unpaid 21313 94
2 Gross claims for losses in process of ad
justment or in suspense 296696 96
3 Gross claims for losses resisted 26344 46
4 Total 344355 36
5 Deduct reinsurance due or accrued 24237 81
6 Net amount of unpaid losses and claims 320117 55
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpiredComptrollerGeneral s Keport
343
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 2299
76699 unearned premiums fifty per
cent 1149883 49
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 436015880 un
earned premiums pro rata 2236363 24
11
18
19
20
21
26
27
28
29
30
Total unearned premiums as computed above 966874 31
Salaries rents expenses bills accounts fees etc due
or accrued 2500 00
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 40000 00
Commissions brokerage and other charges due or to be
come due to agents and brokers 22175 40
Reinsurance premiums 35000 00
Total amount of all liabilities except capital 4772913 9
Capital actually paid up in cash 750000 00
Surplus over all liabilities 2332697 30
Surplus as regards policyholders 3082697 30
Total liabilities 7855611 29
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 6 under this heading in last
years statement 677287983 7079162 98
Written or renewed during the year 453795333 4644627 36
Total 1131083316 11723790 34
Deduct those expired and marked off as
terminated 401539553 4362763 84
In force at the end of the year 729543763 7361026 50
Deduct amount reinsured schedule re
quired 72252 599 701100 71
Net amount in force 657291164 6659925 79
Perpetual risks not included above 4280249300 de
posit premiums on same 1066838 11344 ComptrollerGenerals Eeport
Business in the State of Georgia During the Year
28 Gross risks written 6414149 00
Less 90397400 riske cancelled and 92946400 reinsur
ance in companies authorized in Georgia 1833438 00
Net risks written 4580711 00
29 Gross premiums on risks written 109210 55
Less 1370914 return premiums and 1634934 premiums
for reinsurance in companies authorized in Georgia 30058 48
Net premiums received 79152 07
30 Losses paid deducting salvage 60713 83
Less losses on risks reinsured in companies authorized in
Georgia 4078 74
Net losses paid 56635 09
31 Losses incurred 50723 34
Less losses on risks reinsured in companies authorized in
Georgia 3566 01
Net losses incurred 47157 33
PENNSYLVANIA LUMBERMENS MUTUAL FIRE INSURANCE
COMPANY OF PHILADELPHIA PENN
Edward F Henson President Harry Humphreys Secretary
F Wade Vaughan Attorney for Service in Georgia
IGuaranty capital
2 Amount of ledger assets as per balance
December 31 of previous year 535346 92
4 Extended at 535346 92
IIIncome
5 Gross premiums 471125 18
6 Dedact gross amount paid for reinsurance
5375 return premiums 4872823 48781 98
7 Total premiums 422343 20
8 Gross interest on mortgage loans 189 00ComptrollerGenerals Eeport
10 Gross interest on bon3s and dividends on
stocks less 87638 accrued interest on
bonds acquired during 1912 20153 95
11 Gross interest on deposits in trust com
panies and banks 1778 23
16 Total gross interests and rents
17 From other sources Transfer of balance of agency
profits
26 From agents balances previously charged off
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
29 Total income
9
10
11
12
13
16
17
20
21
22
23
31
34
35
IIIDisbursements
Gross amount paid policyholders for losses
Including 976732 occurring in pre
vious years 137284 21
Deduct amount received for salvage
12841 discount 26414 total 392 55
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Inspection charges
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents
Advertising 255260 printing and stationery 221368
Fostage telegrams telephone express and incidentals
Legal expenses
Furniture and fixtures
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 Federal corporation
tax
Other disbursements Traveling expenses 227343 offi
cers meetings and mileage 223563 total
Dividends to policyholders 40 of earned premium
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Bonds
345
22121 18
6582 43
6 02
325 00
451377 83
136891 66
1021 95
24369 11
29644 77
2768 00
4766 28
4572 09
432 66
471 81
254 16
8392 73
3616 91
1621 74
332 46
4509 06
147841 64
219 88
60 00
346 ComptbolleeGeneeals 36 Gross decrease by adjustment in book valu assets viz Bonds 485463 stocks 25 IVLedger Assets 2 Mortgage loans on real estate first liens 4 Book value of bonds 49819000 and stocks 220000 total Kepokt e of ledger DO 4879 63

3500 00 500390 00 634 25 73560 96 27574 34 152 40 4246 26 376666 54 610058 21 7160 66
7 Deposit in trust companies and banks on
8 Agents balances representing business written subsequent to Oct 1 1912 9 Agents balances representing business 11 Other ledger assets viz Office furniture

15 Total ledger assets
NonLedger Assets 15 75 7144 91

23 Total
617218 87 4398 66
Deduct Assets Not Admitted 32 Agents balances representing business written prior to Oct 1 1912 152 40

612820 21 23750 27
VLiabilities 2 Gross claims for losses in process of ad 23750 27
6 Net amount of unpaid losses and claims 7 Gross premiums less reinsurance receiv
ComptbolleeGenebals Repobt
347
ed and receivable upon all unexpired
risks running one year from date of
policy unearned premiums fifty per
cent 206629 94
9 Total unearned premiums as computed above 206629 94
12 Salaries rents expenses bills accounts fees etc due
or accrued 85 63
13 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 4691 13
14 Inspection charges due or to become due to agents and
brokers 1614 61
34 Total amount of all liabilities 236771 58
35 Surplus 376048 63
36 Total liabilities 612820 21
VIBisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 16351604 00 360962 65
2 Written or renewed during the year 21232381 00 471125 18
4 Total 37583985 00 832087 83
5 Deduct those expired and marked off as
terminated 18659874 00 418827 95
6 In force at the end of the year 18924111 00 413259 88
Business in the State of Georgia During the Year
22 Gross risks written 254300 00
Less 5515000 risks cancelled 55150 00
Net risks written 199150 00
23 Gross premiums on risks written 8329 06
Less 350365 return premiums and dividends 3503 65
Net premiums received
Net losses paid
Net losses incurred
4825 41
44 00
94 00348
ComptrollerGenerals Report
PENNSYLVANIA MILLEES MUTUAL FIRE INSURANCE COMPANY
OF WILKES BARRE PA
Asher Miner President John Hoffa Secretary
F Wade Vaughan Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 313545 22
4 Extended at 313545 22
ITIncome
8844 I 7
56
5 Gross deposit premiums
6 Deduct gross amount paid for return de
posit premiums fire
7 Total premiums other than perpetual
9 Gross interest on mortgage loans 600 00
11 Gross interest on bonds and dividends on
stocks less 60211 acerued interest on
bonds acquired during 1912 1219s It
12 Gross interest on deposits in trust com
panies and banks 701 60
17 Total gross interest and rent ft
18 From other source Assessments
19 Inspection and survey lees
80 I ommissions
21 Sundries
28 Total income
111Disbursements
1 Gross amount paid policyholders for lot
including 983333 occurring in pre
vious yean 51HI 7i
2 Deduct amount received for salvage fire
151727 discount ire 9092 18 IB
ft Ifet amount paid policyholders for losses
4 Expense of adjustment and settlement of losses
5 miimissions or brokerage
cries fees and all other charges of officers dire
30129 23
13199 74
1295 19 41
424 66
711 75
94 50
187957 51
49990 55
361 06
4416 05ComptrollerGenerals Report 349
trustees and home office employees 12280 00
9 Rents 630 00
10 Advertising 80023 printing and stationery 67568 1475 91
11 Postage telegrams telephone and express 917 03
12 Legal expenses 99 40
13 Furniture and fixtures 112 75
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses included in items 20
and 21
17 Inspections and surveys 8 594 53
20 State taxes on premiums insurance department licenses
and fees 109 10
22 All other licenses fees and taxes Federal corporation
tax 233 47
State tax on investments 114 54
23 Other disbursements
24 Annual and special mtg expense 670 68
25 Auditing 159 00
26 Prem on Guaranty Bonds 124 00
27 Mercantile reports 105 00
28 Sundries 378 12
29 Premiums on bonds purchased 2 601 92
33 Deposit premiums returned see item 6 on page 1
41 Total disbursements S4 873 11
IVLedger Assets
2 Mortgage loans on real estate 10600 00
4 Book value of bonds 342742 50
5 Cash in companys office 496 90
6 Deposit in trust companies and banks not
on interest 17174 21
7 Deposit in trust companies and banks on
interest 28904 80
8 Agents balances representing business
written subsequent to Oct 1 1912 3165 99
16 Total ledger assets 403084 40
NonLedger Assets
17 Interest accrued on mortgages 79 00
18 Interest accrued on bonds 2888 05
24 Total 2907 05
26 Market value not including interest in item 18 of bonds
and stocks over book value 4647 50
27 Other nonledger assets viz Assessments 1829 06
30 Gross assets 412528 01350
CompteolleeGenekals Eepoet
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense
5500 00
6 Net amount of unpaid losses and claims
7 Gross deposit premiums less reinsurance
received and receivable upon all unex
pired Are risks running one year or less
from date of policy including interest
premiums on perpetual fire risks
5500 00
S0819 20
11 Total unearned deposit permiuins as computed above
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
80SI9 20
1000 00
26 Total amount of all liabilities except capital
29 Surplus as regards policyholders
87319 20
325208 81
30 Total liabilities and surplus 412528 01
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 9124822 83 131509 17
2 Written or renewed during the year 5708829 16 88444 19
4 Total 1483365199 219953 96
5 Deduct those expired and marked off as
terminated 4435448 48 58315 56
6 In force at the end of the year 10398203 51 161638 40
Business in the State of Georgia During the Year
28 Gross risks written 3975000 00
Less risks cancelled 1052412 00
Net risks written 2922588 00
29 Gross deposit premiums on risks written 1550 G5
Loss return premiums 414 05
Net premiums received
1136 60ComptrollerGenerals Eeport
351
PEOPLES NATIONAL FIRE INSURANCE COMPANY OF
WILMINGTON DELAWARE
Xouis S Amonson President Henry T Alley Secretary
Robt X Hughes 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 2033286 55
4 Extended at 2033286 55
IIIncome
5 Gross premiums 1348466 66
6 Deduct gross amount paid for reinsurance
fire 19750770 return premiums fire
29107200 total 488579 70
7 Total premiums other than perpetual
8 Deposit premiums written on perpetual
risks gross
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 14389 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
On certf deposit American Trust Co
4643 interest on mortg Miami for
closed 74100 Int on purchase price
companys building pending transfer
172500 miscellaneous 4846 total
859886 96
3760 05
32698 01
4963 35
50755 04
871 32
2560 89
17 Total gross interest and rents
19 Borrowed money
20 Gain on perpetual Dolicies cancelled
25 From agents bala les previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Ponds 310805 stocks 228000 total
91848 61
110000 00
32 19
11 82
5388 05
28 Total income 1070927 63352
ComptrollerGenerals Eeport
IIIDisbursements
1 Gross amount paid polieyholders for
losses
2 Deduct amount received for salvage fire
374616 reinsurance fire 27936450
discount fire 84482 total
942471
283955 48
3 Net amount paid polieyholders for losses 658516 40
4 Expenses of adjustment and settlement of losses 18694 08
5 Commissions or brokerage 276042 22
7 Salaries 922582 and expenses 653963 of special and
general agents 15765 45
8 Salaries fees and all other charges of officers directors
trustees and home office employees 56064 82
9 Bents 3941 96
10 Advertising 418486 printing and stationery 713520 11320 06
11 Postage telegrams telephone and express 5965 05
12 Legal expenses 59 80
13 Furniture and fixtures 26S 65
14 Maps including corrections 4084 23
15 Underwriters Boards and Tariff Associations 10495 49
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 2259 01
17 Inspections and surveys 1662 88
18 Bepairs and expenses other than taxes on real estate 260 17
20 State taxes on premiums 19012 04
21 Insurance department licenses and fees 11935 68
23 Other disbursements
24 Borrowed money repaid 110000 00
25 Interest on above 1482 48
26 Traveling expense 5405 38
27 Safe deposit box 25000 registration fee 9250 342 50
28 Bond and insurance premiums 755 49
29 Insurance department examination 5902 06
30 Certified accountant audit 198 33
31 Miscellaneous expense 1 677 75
33 Deposit premiums returned 791 38
39 Gross loss on sale or maturity of ledger assets viz
Bonds 313 72
41 Total disbursements 1223217 08
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks
or other collateral
168856 34
473347 50
7800 00ComptrollerGeneral s Eeport 353
4 Book value of bonds 92456782 and
stocks 12249625 total 1047064 07
5 Cash in companys office 10954 12
6 Deposit in trust companies and banks not
on interest 500 00
7 Deposit in trust companies and banks on
interest 156094 19
8 Agents balances representing business
written subsequent to Oct 1 1912 114181 00
9 Agents balances representing business
written prior to Oct 1 1912 2199 93
16 Total ledger assets 1980997 15
NonLedger Assets
17 Interest due 12150 and accrued 671251
on mortgages 6834 01
18 Interest accrued on bonds 13822 87
19 Interest on collateral loans 167 06
24 Total 20823 94
25 Market value of real estate over book value 31143 60
27 Other nonledger assets Unlisted assets schedule 4 250 00
30 Gross assets 2033214 75
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 2199 93
38 Book value of ledger assets over market
value viz Stocks plus 1515375
bonds minus 2878760 total 13633 85
41 Total admitted assets 2017380 97
VLiabilities
1 Gross losses adjusted and unpaid due
1437235 not yet due 322298 17595 33
2 Gross claims for losses in process of ad
justment or in suspense plus 344206
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 87077 67
3 Gross claims for losses resisted 4751 01
4 Total 109424 01
5 Deduct reinsurance due or accrued 32656 77
354
ComptrollerGenerals Eeport
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 48830561
unearned premiums fifty per cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 60700951 un
earned premiums pro rata
76767 24
244152 81
332312 58
11 Total unearned premiums as computed above
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
deposit received
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
24 Mortgage on companys building
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 242972 11
576465 39
11176 23
10000 00
100000 00
774408 86
29 Surplus as regards policyholders
30 Total liabilities
1242972 11
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 191316972 00 213193156
2 Written or renewed during the year 91601892 00 1348466 66
4 Total 282918 864 00 3480398 22
5 Deduct those expired and marked off as
terminated 133681378 00 1834437 84
6 In force at the end of the year149237486 00 1645960 38
7 Deduct reinsurance schedule required 51116457 00 550645 26
8 Net amount in force 98121029 00 1095315 12
9 Perpetual risks not included above 39820000 deposit
premiums on same 12418 03ComptbolleeGeneeals Eepobt 355
Business in the State of Georgia During the Year
28 Gross risks written 1035233 00
Less 32577400 risks cancelled and 16576600 reinsur
ance in companies authorized in Georgia 491540 00
Net risks written 543693 00
29 Gross premiums on risks written 29270 70
Less 733540 return premiums and 400243 premiums
for reinsurance in companies authorized in Georgia 11337 S3
Net premiums received 17932 87
30 Losses paid deducting salvage 12657 55
Less losses on risks reinsured in companies authorized in
Georgia 3047 19
Net losses paid 9610 36
31 Losses incurred 14435 58
Less losses on risks reinsured in companies authorized in
Georgia 3049 19
Net losses incurred 11386 39
PHOENIX ASSUEANCB COMPANY LTD
L P Bayard and P Beresford Joint Managers
Home Office 100 William St New York N Y
Edgar Dunlap Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 3727759 46
4 Extended at 3727759 46
IIIncome
5 Gross premiums 3941461 84
6 Deduct gross amount paid for reinsurance
fire 90316123 marine and inland
3277469 return premiums fire 627
29556 marine and inland 905760 1572289 08
7 Total premiums other than perpetual 2369172 76356
CompteolleeGeneeals Eepoet
11 Gross interest on bonds and dividends on
slocks less 214954 accrued interest on
bonds acquired during 1912 122642 01
12 Gross interest on deposits in trust com
panies and banks 3977 63
14 Philadelphia Fire Underwriters deposit 6 30
17 Total gross interest and rents 126625 94
18 From other sources Received from home office 49021 40
26 Gross profit on sale or maturity of ledger assets viz
Bonds 63 75
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 1000 00
28 Total income 2545883 85
IIIDisbursements
Gross amount paid policyholders for losses
including 22626184 occurring in pre
vious years
Deduct amount received for salvage fire
1562724 reinsurance fire 49106924
marine and inland 621842 discount
fire 58962 total
1832414 87
513504 52
3 Net amount paid policyholders for losses 1318910 35
4 Expenses of adjustment and settlement of losses 47743 40
5 Commissions or brokerage 446683 98
6 Allowances to local agencies for miscellaneous agency
expenses 8567 58
7 Salaries 8643462 and expenses 4893732 of special and
general agents 135371 94
8 Salaries fees and all other charges of officers directors
trustees and home office employees 140818 96
9 Rents 22875 64
10 Advertising 376604 printing and stationery 2618492 29950 96
11 Postage telegrams telephone and express 28696 45
12 Legal expenses 363 97
13 Furniture and fixtures 6154 78
14 Maps including corrections 6356 35
15 Underwriters Boards and Tariff Associations 32169 18
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 33284 34
17 Inspection and surveys 19691 53
20 State taxes on premiums 50833 72
21 Insurance department licenses and fees 10597 25
22 All other licenses fees and taxes Federal corporation23
32
38
39
40
41
4
5
13
14
16
18
24
28
30
33
34
41
ComptbolleeGenebals Kepobt 357
tax 62295 state licenses 130000 local taxes 7
11333 advertising required by law 106790 total 9904 18
Other disbursements Interest paid to reinsurers 4540
premiums on bonds required by states 36500 ex
change 190826 total 2318 66
Remitted to home office 39971 89
Agents balances charged off 15 30
Gross loss on sale or maturity of ledger assets viz
Bonds 546 87
Gross decrease by adjustment in book value of ledger
assets viz Bonds 38097 50
Total disbursements 2429925 28
IVLedger Assets
Book value of bonds 299893000 and
stocks 308600 3002016 00
Cash in companys office 256 06
Deposit in trust companies and banks not
on interest 9601 15
Deposit in trust companies and banks on
interest 300966 83
Agents balances representing business
written subsequent to Oct 1 1912 510975 41
Agents balances representing business
written prior to Oct 1 1912 6809 70
Philadelphia Fire Underwriters Deposit 200 00
Furniture fixtures and safes 12892 88
Total ledger assets 3843718 03
NonLedger Assets
Interest due 2724375 and accrued 15
41835 on bonds 42662 10
Total 42662 10
Reinsurance due on losses paid 611136 00
Gross assets 3892491 49
Deduct Assets Not Admitted
Furniture fixtures and safes 12892 88
Agents balances representing business
written prior to Oct 1 1912 6809 70
Total admitted assets 3872788 91358
CoMPTBOLLEBGrENEBAL s RePOBT
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 56818 00
2 Gross claims foT losses in process of ad
justment or in suspense plus 1061200
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 222155 28
3 Gross claims for losses resisted 26257 00
4 Total 305230 28
5 Deduct reinsurance due or accrued 92345 00
6 Net amount of unpaid losses and claims 212885 28
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1467
29374 unearned premiums fifty per
cent 733646 87
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 252970767 un
earned premiums pro rata 1331619 03
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired inland navigation
risks 1539385 unearned premiums
fifty per cent 7696 92
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 1201 95
11 Total unearned premiums as computed above 2074164 77
18 Salaries rents expenses bills accounts fees etc due
or accrued 9000 09
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 45500 00
21 Reinsurance premiums 72716 82
26 Total amount of all liabilities except capital 2414266 96
29 Surplus as regards policyholders 1458521 95
30 Total liabilities 3872788 91ComptrollerGeneral s Report
VIRisks and Premiums
359
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 51176353100 5078658 68
Written or renewed during the year 406655659 00 3941461 84
Excess of original premiums over
amount received for reinsurance 3210 47
Total 918419190 00 9023330 99
Deduct those expired and marked off as
terminated 379764448 00 3708673 47
In force at the end of the year538654742 00 5314657 52
Deduct reinsurance schedule required 136499837 00 1301060 31
28
29
Net amount in force 402154905 00 4013597 21
Business in the State of Georgia During the Year
Gross risks written 4524541 00
Less 65669400 risks cancelled and 66814100 reinsur
ance in companies authorized in Georgia 1324835 00
Net risks written 3199706 00
Gross premiums on risks written 55708 85
Less 808892 return premiums and 598594 premiums
for reinsurance in companies authorized in Georgia 14074 86
30
31
Net premiums received 41633 99
Losses paid deducting salvage 33120 56
Less losses on risks reinsured in companies authorized in
Georgia 11572 62
Net losses paid 21547 94
Losses incurred 22926 56
Less losses on risks reinsured in companies authorized in
Georgia 5142 62
Net losses incurred 17783 94
360
ComptrollerGenebal s Eepoet
PHOENIX FIEE INSURANCE COMPANY OF HARTFOKD CONN
D W C Skilton President J B Knox H Temple Secys
Cliff C Hatcher 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 10363247 71
4 Extended at 10363247 71
IIIncome
5 Gross premiums 7216430 50
6 Deduct gTOss amount paid for reinsurance
fire 100516638 return premiums
fire 1034792 71 2039959 09
7 Total premiums other than perpetual 5176471 41
9 Gross interest on mortgage loans 2909 59
10 Gross interest on collateral loans 549 35
11 Gross interest on bonds and dividends on
stocks less 418814 accrued interest
on bonds acquired during 1912 428370 23
12 Gross interest on deposits in trust com
panies and banks 10690 85
13 Gross interest from all other sources viz
On agents balances 291 01
16 Gross rents from companys property 14089 68
17 Total gross interest and rents 456900 71
23 From Farmers Merchants Natl Bank previously
charged off 900 00
25 From agents balances previously charged off 592 16
26 Gross profit on sale or maturity of ledger assets viz
Real estate 16636 bonds 26250 stocks 4902258 49451 44
28 Total income 5684315 72
IIIDisbursements
1 Gtoss amount paid policyholders for losses
including 54166406 occurring in pre
vious years 3277056 79ComptrollerGeneral s Report
361
2 Deduct amount received for salvage fire
1581229 reinsurance fire 52159154
discount fire 164572 total
539049 55
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
34
38
39
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 27112881 and expenses 14363922 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 523922 printing and stationery 4495418
Postage telegrams telepEone 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 Federal corporation
tax
Municipal taxes and fees
Other disbursements Miscellaneous expenses
Paid stockholders for interest or dividends amount de
clared during the year 32000000 Paid stockholders
tax 5549695 total
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Real estate 4250 bonds 207000 total
2738007 24
36970 57
1065210 01
414768 03
144919 53
28542 02
50193 40
35879 47
8397 23
8957 91
11252 93
69663 59
16472 95
18693 94
3564 52
2401 58
104233 99
20453 56
4637 43
23401 83
688 91
375496 95
8898
2112 50
41 Total disbursements 5185009 07
IVLedger Assets
1 Book value of real estate 127291 14
2 Mortgage loans on real estate 27700 00
3 Loans secured by pledge of bonds stocks
or other collateral 59000 00
4 Book value of bonds 564612876 and
stocks 322396324 total 8870092 00
5 Cash in companys office 9972 40362
ComptrollerGeneral s Report
Deposit in trust companies and banks not
on interest 88886 95
Deposit in trust companies and banks on
interest 659983 59
Agents balances representing business
written subsequent to Oct 1 1912 1009796 41
Agents balances representing business
written prior to Oct 1 1912 9831 87
16
17
18
19
20
23
24
25
26
27
28
29
30
34
41
1
2
Total ledger assets 10862554 36
NonLedger Assets
Interest accrued on mortgages 576 75
Interest accrued on bonds 82709 96
Interest accrued on collateral loans 637 06
Interest accrued on other assets 5000 00
Rents accrued on companys property or
lease 1168 24
Total
Market value of real estate over book value
Market value not includinginterest in item 18 of bonds
and stocks over book value T
Other nonledger assets viz Amount due from American
Natl Bank in liquidation
Foreign premiums in course of collection which have not
been carried to ledger account gross 7165318 less
expenses and commissions 1928858 total
Eeinsurance due from other companies on losses paid
90092 01
13722 24
780078 50
7070 03
52364 60
9999 57
Gross assets 11815881 28
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1912
9831 87
9831 S
Total admitted assets 11806049 41
VLiabilities
Gross losses adjusted and unpaid not yet
due 246766 19
Gross claims for losses in process of ad
justment or in suspense plus 2634822
reserve for losses incurred prior to DecComptrollerGenerals Report
363
31 of which no notice had been received
on that date 277575 37
Gross claims for losses resisted 31226 41
Total 555575 37
Deduct reinsurance due or accrued 70566 63
Net amount of unpaid losses and claims 485008 74
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 3276
81571 unearned premiums fifty per
cent 1638407 86
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 603303432 un
earned premiums pro rata 3337549 41
11
18
19
26
27
28
Total unearned premiums as computed above 4975957 27
Salaries rents expenses bills accounts fees etc due
or accrued 30000 00
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 160000 00
Total amount of all liabilities except capital 5650958 61
Capital actually paid up in cash 2000000 00
Surplus over all liabilities 4155090 80
29 Surplus as regards policyholders 6155090 80
30
Total liabilities 11806049 41
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 1047093036 10478593 45
Written or renewed during the year 819894990 7288083 68
Excess of original premiums over
amount received for reinsurance 157693 99
Total 1866988026 17924371 12
Deduct those expired and marked off as
terminated 788578842 7175485 22364
ComptrollerGenerals Report
6 In force at the end of the year 1078409184 10748885 90
7 Deduct reinsurance schedule required 110585088 1168003 20
8 Net amount in force 967824096 9580882 70
Business in the State of Georgia During the Year
28 Gross risks written 7312990 00
Less 158774000 risks cancelled and 183846700 rein
surance in companies authorized in Georgia 3426207 00
Net risks written 3886783 00
29 Gross premiums on risks written 104913 61
Less 121406300 return premiums and 2005536 prem
iums for reinsurance in companies authorized in Ga 32196 09
Net premiums received
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia

72717 52
70346 11
15684 15
Net losses paid 60661 96
31 Losses incurred 60093 48
Less losses on risks reinsured in companies authorized in
Georgia 13589 76
Net losses incurred
46803 72
PHENIX FIEE INSURANCE COMPANY OF PARIS FRANCE
United States Manager Storkweather Shepley Inc
Office of United States Manager 17 Custom House Street Providence E I
Wm A Wright Atlanta Attorney for Service in Georgia
IDeposit Capital
5 Amount of ledger assets as per balance
December 31 of previous year 613229 51
IIIncome
6 Gross premiums 394374 27
7 Deduct gross amolmt paid for return
premiums 179926 03
8 Total premiums other than perpetual 214448 24ComptrollerGeneral s Report
365
12 Gross interest on bonds and dividends on
stocks 20600 00
13 Gross interest on deposits in trust com
panies and banks 772 82
14 Gross interest from all other sources
From National Fire Insurance Co for
interest under reinsurance treaty 308 05
18 Total gross interest and rents
20 From other sources From National Fire Insurance Co
for working account
30 Total income
21680 87
4000 00
240129 11
IIIDisbursements
Gross amount paid polieyholders for losses
including 176889900 occurring in
previous years 129316 62
Deduct amount received for salvage fire
230629 reinsurance fire 1305592
discount fire 3096 total 15393 17
10
15
16
20
21
OQ
23
Net amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries fees and all other charges of officers directors
trustees and home office employees
Advertising 19715 printing and stationery151
Underwriters Boards and Tariff Associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 27114 city taxes and licenses 79881
Other disbursements Paid for interest on deposits to
National Fire Ins Co and Aberlle Fire Ins Co
18457 surety bonds under reinsurance treaty
16081 remittance to home office 5000000 audit
ing books 5625 total
113923 45
1335 13
60697 41
41 25
198 66
1306 28
1265 48
2682 05
2023 67
1069 95
50401 63
39 Total disbursements 234944 96
IVLedger Assets
4 Book value of Bonds 501000 00
7 Deposit in trust companies and banks on
interest 54261 S5 624605 32
2000 00
622605 32
366 ComptrollerGenerals Eeport
8 Agents7 balances representing business
written subsequent to Oct 1 1912 63151 81
16 Total Ledger assets 618413 66
NonLedger Assets
18 Interest accrued on bonds 6191 66
24 Total 6191 66
30 Gross assets
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 2000 00
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 457 69
2 Gross claims for losses in process of ad
justment or in suspense plus 1245
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 22807 94
4 Total 23265 63
5 Deduct reinsurance due or accrued 4127 56
6 Net amount of unpaid losses and claims 19138 07
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
Are risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 15777059
unearned premiums fifty per cent 78885 30
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 83016 08 un
earned premiums pro rata 58643 1311
16
19
21
24
27
CompteollebGeneeals Repoet 367
Total unearned premiums as computed above 137528 43
Salaries rents expenses bills accounts fees etc due
or accrued 4300 00
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 20840 09
Eeinsurance premiums 33420 70
Total amount of all liabilities except deposit capital 215227 29
Surplus as regards policyholders 407378 03
28 Total liabilities
622605 32
VIKisks and Premiums
Fire Bisks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 19341293 00
2Written or renewed during the year 37763142 00
160999 40
394374 27
7
Total 57104435 00 555373 67
Deduct those expired and marked off as
terminated 18275538 00 229777 47
In force at the end of the year 38828897 00 325596 20
Deduct amount reinsured 10973987 00 84809 53
Net amount in force 27854910 00
240786 67
PROVIDENCE WASHINGTON FIRE INSURANCE COMPANY OF
PROVIDENCE WASHINGTON
T B Branch President A G Beak Secretary
Dan B Harris Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3047314 76
3 Increase of paidup capital during year 250000 00
4 Extended at 3297314 76368
ComptrollerGenerals Report
IIIncome
5 Gross premiums 5090492 23
6 Deduct gross amount paid for reinsurance
fire 74066003 marine and inland
37811169 return premiums fire
54012290 marine and inland 169
68119 total 1828575 81
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 449308 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
On marine premiums
3261916 42
131770 53
5635 69
89 50
17 Total gross interest and rents 137495 72
19 Profit and loss dividend Lehigh Valley Coal Sales Co
stock 100000 profit and loss dividend Providence
Telephone Co stock 62o000 total 7250 00
26 Gross profit on sale or maturity of ledger assets viz
Stocks 141075 60
27 Gross increase by adjustment in book value of ledger
assets viz Bonds 1597625 stocks 140000 17376 25
28 Total income 3565113 99
11 fDisbursements
1 Gross amount paid policyholders for losses
including 47679728 occurring in pre
vious years 2516144 95
2 Deduct amount received for salvage fire
2107669 marine and inland 98
69031 reinsurance fire 35671351
marine and inland 20840392 dis
count fire 47043 marine and inland
40327 total 685758 13
3 Net amount paid policyholders for losses 1830386 82
4 Expenses of adjustment and settlement of losses 30427 72
5 Commissions or brokerage 686309 15
7 Salaries 9357464 and expenses 3056604 of special
and general agents 124140 68
8 Salaries fees and all other charges of officers directors
trustees and home office employees 119213 95ComptbolleeGeneeals Eepoet
369
9 Eents 14282 90
10 Advertising 280937 printing and stationery 2693452 29743 89
11 Postage telegrams telephone and express 22616 13
12 Legal expenses 2235 32
13 Furniture and fixtures 8193 44
14 Maps including corrections 6291 IS
15 Underwriters Boards and Tariff Associations 31365 99
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 20929 04
17 Inspections and surveys 12680 09
20 State taxes on premiums 58843 88
21 Insurane department licenses and fees 12858 83
22 All other licenses fees and taxes Federal corporation
tax 5415 county taxes and licenses 22361 city
taxes and licenses 760233 franchise taxes 55000 8430 09
23 Other disbursements Exchange 175689 subscriptions
to various publications 72739 premiums on Guar
anty Bonds 79188 entertainment 72740 Ehode
Island Ins Department examination 142586 balance
of expense account 42463 total 5854 05
34 Paid stockholders for interest on dividends amount de
clared during the year 75000 00
39 Gtoss loss on sale or maturity of ledger assets viz
Stocks 17737 50
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 196625 stocks 5635738 58323 63
41 Total disbursements 3175864 26
IVLedger Assets
4 Book value of bonds 139601250 and
stocks 126540000 total 2661412 50
5 Cash in companys office 770 02
6 Deposits in trust companies and banks not
on interest 17844 26
7 Deposit in trust companies and banks on
interest 430863 28
8 Agents balances representing business
written subsequent to Oct 1 1912 551751 46
9 Agents balances representing business
written prior to Oct 1 1912 245 75
10 Bills receivable taken for marine and in
land risks 20788 14
11 Bills receivable taken for fire risks 200 00
12 Other ledger assets viz Balance due370 ComptrollerGenerals Report
from reinsuring eompanys Louisville
Ins Co 128127 So German Keins
Co 131853 Sun Ins Co 8928 2689 08
16 Total ledger assets 3686564 4
NonLedger Assets
18 Interest acerued on bonds n ggo i
20 Interest due on stocks ig 953 25
J 30834 16
2o Market value not including interest in item 18 of bonds
and stocks over book value 1059113 50
30 Gross assets 4776512 15
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 245 75
35 Bills receivable past due taken for ma
rine inland and fire risks 365 00
610 75
41 Total admitted assets 4775901 40
VLiabilities
1 Gross losses adjusted and unpaid due 52647 21
2 Gross claims for losses in process of ad
justment or in suspense plus 3000000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 419550 85
3 Gross claims for losses resisted 23 908 21
4 Total 496106 27
0 Deduct reinsurance due or accrued 129 082 82
6 Net amount of unpaid losses and claims 367 023 45
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1514
63274 unearned premiums fifty per
cent 757316 37ComptrollerGeneral s Report 371
S Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 232670512 un
earned premiums pro rata 1241314 28
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired inland navigation
risks 49774470 unearned premiums
fifty per cent 248872 36
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 10577461
unearned premiums 50 per cent on
time limit risks 55316 36
11 Total unearned premiums as computed above 2302819 37
18 Salaries rents expenses bills accounts fees etc due
or accrued 5000 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 52000 00
26 Total amount of all liabilities except capital 2726842 82
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 1049058 58
29 Surplus as regards policyholders 2049058 58
30 Total liabilities 4775901 40
Business in the State of Georgia During the Year
28 Gross risks written 3984392 00
Less 85053000 risks cancelled and 61282900 reinsur
ance in companies authorized in Georgia 1126536 00
Net risks written 2857856 00
29 Gross premiums on risks written 38796 98
Less 115003700 return premiums and 68466300 prem
iums for reinsurance in companies authorized in Ga 12764 77
Net premiums received 26032 21
30 Losses paid deducting salvage 15531 56
Less losses on risks reinsured in companies authorized in
Georgia 1306 95
Net losses paid 14224 61
372 ComptrollerGenerals Report
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
15634 41
1306 95
14327 4G
QUEEN INSURANCE COMPANY OF AMERICA NEW YORK
Edward P Beddall President Nevett S Bartow Secretary
S Y Tupper Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 9542820 17
4 Extended at 9542820 17
IIIncome
5 Gross premiums fire 605526836 marine
and inland 68918437 total 6744452 73
6 Deduct gross amount paid for reinsurance
fire 71323967 marine and inland
4516467 return premiums fire
86569399 marine and inland 111
32831 total 1735426 64
7 Total premiums other than perpetual 5 009 026 09
9 Gross interest on mortgage loans 2950 00
11 Gross interest on bonds and dividends on
stocks less 789558 accrued interest
on bonds and stocks acquired during
1912 338498 48
12 Gross interest on deposits in trust corn
companies and banks 8 644 28
13 Gross interest from all other sources viz
Bills receivable 9 24
17 Total gross interest and rents 350 102 00
25 Prom agents balances previously charged off 9 85
26 Gross profit on sale or maturity of ledger assets viz
Stocks
29609 89
28 Total income 5388747 83CompteollebGenebals Repobt
373
IIIDisbursements
Gross amount paid policyholders for losses
including 34029445 occurring in pre
vious years Fire 272434145 ma
rine and inland 25361537 total 2977956 82
Deduct amount received for salvage fire
3002102 marine and inland 10
49715 reinsurance fire 37411816
marine and inland 1780024 discount
fire 49969 total 432936 26
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 10730745 and expenses 7093977 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
Bents
Advertising 2152112 printing and stationery 47
66752 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 Federal corporation
tax 546393 municipal licenses 1047385 local
taxes 398551 personal property tax 2415
Provincial taxes 65213 franchise tax 124100
Other disbursements Custodians fees care of securities
200000 subscriptions to mercantile agencies etc
504620 exchange 314106 general traveling ex
penses 525380 auditing expenses 265990 fidelity
bonds 79943 supper allowance clerks night work
153633 annual conferences entertainment etc 1
00153 spring water ice and towel service 113932
Christmas Gratuities 60647 Rental tabulating
Machines 181771 petty items 349785 total
34 Paid stockholders for interest on dividends amount de
clared during the year i
9
10
11
12
13
14
15
16
17
20
21
22
23
2545020 56
64730 27
951067 53
21011 42
178247 22
331883 42
47060 96
69188 64
30750 64
695 89
5823 92
14240 99
51342 53
29724 58
25480 36
78508 32
20911 03
21840 57
28499 60
300000 00374 CoMPTROLLEHGrENEKALs BePOET
38 Agents balances charged off 14Q 95
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 09 534 54
41 Total disbursements 4 45 710 04
IVLedger Assets
2 Mortgage loans on real estate 65000 00
4 Book value of bonds 612452608 and
stocks 268135019 total 8805876 27
0 Cash in companys offices 7 g69 97
6 Deposits in trust companies and banks not
on interest lj834 12
7 Deposit in trust companies and banks on
interest 418816 51
8 Agents balances representing business
written subsequent to Oct 1 1912 779032 45
9 Agents balances representing business
written prior to Oct 1 1912 7135 15
11 Bills receivable taken for fire risks 293 49
16 Total ledger assets 10085857 96
NonLedger Assets
17 Interest accrued on mortgages 1405 13
18 Interest due 97333 and accrued 81
83171 on bonds 82805 04
20 Interest accrued on bank balances 1094 00
24Total 85304 17
28 Due for reinsurance on losses paid 15 143 g2
29 Commission on unpaid reinsurance premiums 13 668 44
30 Gross assets 10i99979 19
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 7135 X5
38 Book value of ledger assets over market
value viz Bonds and stocks 198394 03
205529 18
41 Total assets admitted 9 994 450 01ComptbolleeGeneeals Repoet
VLiabilities
375
1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of ad
justment or in suspense plus 2486375
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
136038 66
265739 50
59961 00
461739 16
49921 83
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all un expired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 2810
25149 unearned premiums fifty per
cent 1405125 73
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 524840905 un
earned premiums pro rata 2755854 51
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired inland navigation
risks 41159799 unearned premiums
fifty per cent
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 1609358
unearned premiums 100 per cent
411817 33
10
205798 98
16093 58
11 Total unearned premiums as computed above
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 be
come due to agents and brokers
21 Return premiums 894104 reinsurance premiums 60
50625 total
3 All other liabilities viz Pension obligations
4382872 80
27218 08
96004 24
13664 29
69447 29
32280 00376
ComptrollerGeneral s Beport
26 Total amount of all liailities except capital 5033304 03
27 Capital actually paid up in cash 1000000 00
28 Surplus over all liabilities 3 961145 98
29 Surplus as regards policyholders 4 961145 98
30 Total liabilities
9994450 01
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force December 311911 767821253 8608986 49
2 Written or renewed in 1912 532 871 425
6055268 36
t 0tf1S 1300692678 14664254 85
5 Deduct expirations and cancellations 497620277 5 795 610 41
6 In force Deeemer 31 1912 803072401
7 Deduct amount reinsured 72 205211
8868644 44
809983 90
8 Net amount in force
730867190 8058660 54
Business in the State of Georgia During the Yei
28 Gross risks written
Less 163918600 risks cancelled and 79174100 rein
surance in companies authorized in Georgia 2430927 00
10014663 00
Net risks written
29 Gross premiums on risks written
Less 2016742 return premiums and 1253780 prem
iums for reinsurance in companies authorized in Ga
r583736 00
107475 89
32705 22
Net premiums received 134 770 6
30 Losses paid deducting salvage 63498 67
Less losses on risks reinsured in companies authorized in
Georgia
1574 89
Net losses paid
31 Losses incurred
Iess losses on risks reinsured in companies authorized in
Georgia
til923 78
67241 67
3888 89
Net losses incurred
63352 78CompteollebGenebals Eepoet 377
ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON ENGLAND
R D Hawey United States Manager
A L Brooks Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of deposit capital 40000000
2 Amount of ledger assets as per balance
December 31 of previous year 2685328 54
4 Extended at 2685328 54
IIIncome
5 Gross premiums fire 253131159 marine
70988719 total 3241198 78
6 Deduct gross amount paid for reinsurance
fire 51180379 marine and inland
24863098 return premiums fire 488
81944 marine and inland 7528421 1324538 42
7 Total premiums other than perpetual 1916660 36
11 Gross interest on bonds and dividends on
stocks 90353 50
12 Gross interest on deposits in trust com
panies and banks 663 30
17 Total gross interest and rents 91016 80
19 Eeeeived from home office 150004 00
20 Conscience money received on account of head office 448 31
25 From agents balances previously charged off 103 54
28 Total income 2158233 01
IIIDisbursements
1 Gross amount paid policyholders foT losses
including 14173570 occurring in pre
vious years 1311197 12
2 Deduct amount received for salvage fire
942041 marine and inland 519344
reinsurance fire 26061732 marine
and inland 10479687 discount fire
87936 total 380907 40
3 Net amount paid policyholders for losses 930289 72
I378
ComptbollebGenebal s Repobt
4 Expenses of adjustment and settlement of losses 20875 01
5 Commissions or brokerage 415269 31
6 Allowances to local agencies for miscellaneous agency
expenses 5299 84
7 Salaries 3987092 and expenses 3631004 of special
and general agents 76180 96
8 Salaries fees and all other charges of officers directors
trustees and home office employees 95066 53
9 Bents 12235 41
10 Advertising 322866 printing and stationery 10
86607 total 14094 73
11 Postage telegrams telephone and express 12013 32
12 Legal expenses 282 56
13 Furniture and fixtures 175 66
14 Maps including corrections 2703 42
15 Underwriters Boards and Tariff Associations 18788 32
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 16586 03
17 Inspections and surveys 5438 73
20 State taxes on premiums 33649 81
21 Insurance department licenses and fees 10734 85
22 All other licenses fees and taxes Federal corporation
tax 61922 municipal licenses 703259 county
taxes 90190 publication fees 68650 total 9240 21
23 Other disbursements Remitted to home office 290
70162 auditing fees 140000 books of reference
53165 fidelity bonds and insurance premiums
premiums 19918 mercantile reports etc 74683
incidental expenses 49658 total 294075 86
38 Agents balances charged off 481 64
41 Total disbursements 1973881 92
IVLedger Assets
4 Book value of bonds 222885176 and
stocks 5000000 2278851 76
5 Cash in companys office 359 84
6 Deposits in trust companies and banks not
on interest 122633 63
7 Deposits in trust companies and banks on
interest 98515 68
8 Agents balances representing business
written subsequent to Oct 1 1912 360155 82
9 Agents balances representing business
written prior to Oct 1 1912 9162 90
16 Total ledger assets 2869679 63ComptrollerGenerals Report
379
NonLedger Assets
18 Interest accrued on bonds 28234 02
20 Interest due on bank interest 192 84
24 Total 28426 86
30 Gross assets 2898106 49
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 9162 90
38 Book value of ledger assets over market
value viz Bonds and stocks 150510 51
40 Total 159673 41
41 Total admitted assets 2738433 08
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 700 00
2 Gross claims for losses in process of ad
justment or in suspense plus 1586100
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 261538 50
3 Gross claims for losses resisted 55638 00
4 Total 31787650
5 Deduct reinsurance due or accrued 84667 20
6 Net amount of unpaid losses and claims 233209 30
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 962
66276 unearned premiums fifty per
cent 48133138
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 171989040 un
earned premiums pro rata 922682 64
9 Gross premiums less reinsurance cash
and bills received and receivable380
ComptrollerGeneral s Beport
upon all unexpired inland navigation
risks 14962815 unearned premiums
fifty per cent 74814 08
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 5394242
unearned premiums pro rata 30169 75
2434 94
11 Total unearned premiums as computed above 1508 997 85
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 be
come due to agents and brokers
21 Return premiums 900000 reinsurance premiums 33
76634 total
38204 09
6052 50
42766 34
26 Total amount of all liabilities except capital 1831665 02
27 Deposit capital 400000 00
28 Surplus over all liabilities 506768 06
29 Surplus as regards policyholders 906 768 06
30 Total liabilities 2738433 08
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 317320609 00 3234419 36
2 Written or renewed during the year 248624568 00 2531311 59
4 Total 565945177 00 5765731 15
5 Deduct those expired and marked off as
terminated 223800862 00
2358049 95
6 In force at the end of the year342144315 00 3407681 20
7 Deduct amount reinsured schedule re
quired 77470671 00
r25128 04
8 Net amount in force 264673644 00 2682553 16ComptrollerGenerals Report
381
ROYAL INSURANCE COMPANY LIMITED LIVERPOOL ENGLAND
E E Beddall General Attorney for the United States
ICapital Stock
1 Amount of deposit capital
New York 450000 00
Ohio 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 11810549 92
4 Extended at
11810549 92
IIIncome
5 Gross premiums 12677414 42
6 Deduct gross amount paid for reinsurance
fire 199423787 marine and inland
9651480 return premiums fire 1
89322754 marine and inland 131
17839 total 4115158 60
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 225672 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
From sub branch office
16 Gross rents from companys property in
cluding 5601603 for companys occu
pancy of its own buildings
8562255 82
16556 70
222122 93
12772 54
442 51
398955 14
17 Total gross interest and rents
19 Received from home office
27 Gross increase by adjustment in book value of ledger
assets viz Real estate 20217153 bonds 717500
650849 82
27406 16
209346 53
28 Total income 9449858 33
IIIDisbursements
1 Gross amount paid policyholders for losses
including 71407704 occurring in pre
vious years 5183496 22382
ComptrollerGexeral s Keport
2 Deduct amount received for salvage fire
6475383 marine and inland 12
79125 reinsurance fire 95954030
marine and inland 3453429 discount
fire 20511 total 1071824 78
10
11
12
13
14
15
16
17
18
19
20
21
22
23
33
34
38
39
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 15185288 and expenses 9308362 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents including 5601603 for companys oecupancy of
its own buildings
Advertising 4596042 printing and stationery 67
40722 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
Bepairs 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 963170 municipal licenses county taxes and
fees 1789838 total
Other disbursements General traveling expenses 13
72915 subscriptions to mercantile agencies etc 9
83406 exchange 390336 auditing expenses 3
06186 annual conference and entertaining expenses
278912 rental tabulating machines 307729
fidelity bonds 144039 supper allowances clerks night
work 213427 water ice and towel service 1
76190 sundry petty expenses 831212 total
Deposit premiums returned
Bemitted to home office
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Bonds
4111671 44
98531 14
1698012 9
23045 89
244936 50
616491 80
86801 91
113367 64
58301 22
3448 22
11502 83
16445 83
95625 03
89089 98
61218 46
173749 28
56550 76
138260 47
27012 05
27530 08
50043 52
3621 40
1151421 06
492 23
6347 46
ComptrollerGeneral s Eeport 383
40 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 834616 bonds 796438 16310 54
41 Total disbursements 8979829 72
IVLedger Assets
1 Book value of real estate 4348500 00
2 Mortgage loans on real estate 258100 00
4 Book value of bonds 528520000 and
stocks 22058543 total 5505781 43
5 Cash in companys office 2286 90
7 Deposits in trust companies and banks on
interest 808247 25
8 Agents balances representing business
written subsequent to Oct 1 1912 1337390 18
9 Agents balances representing business
written prior to Oct 1 1912 20268 77
16 Total ledger assets 12280578 53
NonLedger Assets
17 Interest accrued on mortgages 3778 67
18 Interest accrued on bonds 65711 13
23 Kents accrued on companys property or
lease 14066 98
24 Total 83556 78
28 Due from other companies for reinsurance on losses
already paid 61199 60
30 Gross assets 12425334 91
Deduct Assets Not Admitted
31 Cash 11050012 and all investments
6909625 not in control of trustees 179596 37
34 Agents balances representing business
written prior to Oct 1 1912 20268 77
38 Book value of ledger assets over market
value Bonds and stocks 153259 68
353124 82
41 Total admitted assets 12072210 09384
CompteollerGenebais Eepoet
VLiabilities
1 Gross losses adjusted and unpaid due
5472935 not yet due 5614067 110870 02
2 Gross claims for losses in process of ad
justment or in suspense plus 1410800
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 684502 55
3 Gross claims for losses resisted 97813 10
4 Total 893185 67
5 Deduct reinsurance due or accrued 201727 96
6 Net amount of unpaid losses and claims 691457 71
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 4180
42949 unearned premiums fifty per
cent 2090214 74
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 1119666374 un
earned premiums pro rata 5871253 83
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired inland navigation
risks 54145214 unearned premiums
fifty per cent 270726 07
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 2284996
unearned premiums 100 per cent 22849 96
11 Total unearned preminms as computed above 8255044 60
12 Amount reclaimable by the insured or perpetual fire in
surance policies being 8595 per cent of the premium
or deposit received 88575 95
13 Net premium reserve and all other liabilities except
capital under the life insurance or any other special
department 87611 66
18 Salaries rents expenses bills accounts fees etc due
or accrued 48872 77
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 182725 30

20
21
26
27
28
CompteollerGeneeals Report 385
Commissions brokerage and other charges due or to be
come due to agents and biokers 30202 77
Return premiums 780319 reinsurance premiums 39
66681 total 47470 00
Total amount of all liabilities except capital 9431960 76
Capital actually paid up in cash deposit 450000 00
Surplus over all liabilities 2190249 33
29 Surplus as regards policyholders 2640249 33
30 Total liabilities 12072210 09
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 1605617804 16819850 95
2 Written or renewed during the year 1385019895 12677414 42
3 Excess of original premiums over
amount received for reinsurance 535828 22
Total 2J9flO637699 30033093 59
Deduct those expired and marked off as
terminated 1234459905 11410784 91
In force at the end of the year 1756177794 18622308 68
Deduct reinsurance schedule required 239469296 2680913 35
28
29
30
Net amount in force 1516708498 15941395 33
Perpetual risks not included above 470451500 deposit
premiums on same 102103 14
Business in the State of Georgia During the Year
Gross risks written 11123071 00
Less 180562800 risks cancelled and 114856900 re
insurance in companies authorized in Georgia 2954197 00
Net risks written 8168874 00
Gross premiums on risks written 150027 83
Less 2349690 return premiums and 942700 premiums
for reinsurance in companies authorized in Georgia 32923 90
Net premiums received 117103 93
Losses paid deducting salvage 64402 29
Less losses on risks reinsured in companies authorized in
Georgia 1349 73
Net losses paid 63052 56386 COMPTROLLERGrENERAL s REPORT
31 Losses incurred 48822 29
Less losses on risks reinsured in companies authorized in
Georgia 2287 73
Net losses incurred 46534 56
RHODE ISLAND INSURANCE COMPANY OF RHODE ISLAND
George L Shepley President Emil G Pieper Secretary
Wm A Wright Atlanta Attorney for Service in Georgia
Home Office 17 Custom House Providence R I
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 1171928 64
3 Increase of paidup capital during the
year 100000 00
4 Extended at 1271928 64
IIIncome
5 Gross premiums 873731 43
6 Deduct gross amount paid for reinsurance
fire 17145073 return premiums fire
17337601 total 344826 74
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 44930 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
From cash deposited with Phila Un
derwriters Assn
43710 17
1386 51
3 15
17 Total gross interest and rents
26 Gross profit on sale or maturity of ledger assets viz
Bonds
528904 68
45099 83
46 67
28 Total income 574051 18ComptrollerGenebals Repobt
387
IIIDisbursements
1 Gross amount paid policyholders for losses
including 5276113 occurring in pre
vious years
2 Deduct amount received for salvage fire
696963 reinsurance fire 8982372
discount fire 49542 total
402721 48
97288 77
3 Net amount paid policyholders for losses4
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
10 Advertising
12 Legal expenses
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
20 State Taxes on Premiums
21 Insurance Department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax 170844 city taxes and licenses 283875
23 Other disbursements Auditing book 15000 surety
bond 37185 commission on investments 18500
Rhode Island Ins Dpt Examination 33842 total
34 Paid stockholders for interest on dividends amount de
clared during the year
305432 71
5334 32
167852 02
516 62
101 75
5280 10
3152 16
9385 68
4096 64
4547 19
1045 27
35000 00
41 Total disbursements 541 745 49
IVLedger Assets
4 Book value of bonds 89334329 and
stocks 22972500 1123068 29
7 Deposits in trust companies and banks on
interest 48215 58
8 Agents balances representing business
written subsequent to Oct 1 1912 132850 49
12 Other ledger assets viz Cash deposited
with Philadelphia Underwriters Assn 100 00
16 Total ledger assets 1304234 36
NonLedger Assets
18 Interest accrued on bonds 10884 34
20 Interest accrued on other assets United388
ComptrollerGenerals Report
Traction Elect Co 62500 Natl
Exchange Bank 15000 Union Trust
Co Dividend 30000 total 1075 00
24 Total 11959 34
27 Other nonledger assets viz Reinsurance due on losses
paid 94 64
30 Gross Assets 1316288 34
38 Book value of ledger assets over market
value 17928 29
17928 29
41 Total admitted assets 1298360 05
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 13398 22
2 Gross claims for losses in process of ad
justment or in suspense plus 193006
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 44221 99
3 Gross claims for losses resisted 5918 94
4 Total 6353915
5 Deduct reinsurance due or accrued 16778 89
6 Net amount of unpaid losses and claims 46760 26
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 37304364
unearned premiums fifty per cent 186521 82
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 41789567 un
earned premiums pro rata 234003 37
11 Total unearned premiums as computed above
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
420525 19
10000 00ComptrollerGenerals Eeport 20 Commissions brokerage and other charges due or to be 389 43840 66
28 Surplus over all liabilities 377233 94 521126 11 777233 94


30 Total liabilities 1298360 05 ums Thereon 850388 91 873731 42
VIBisks and Premiums Fire Eisks Premi 1 In force on the 31 day of December as per line 5 under this heading in last years statement 93589193 00
2 Written or renewed during the year 90262037 00
4 Total 183851230 00 5 Deduct those expired and marked off as terminated 73486401 00 172412033 724753 19

6 In force at the end of the year110364829 00 7 Deduct amount reinsured schedule required 12598562 00 999367 14 208427 83
8 Net amount in force 87766267 00 790939 31 TAH GA and Treas

SAVANNAH FIRE INSURANCE COMPANY OF SAVAN1 Mills B Lane President W F Fain Sec Home Office Bryan and Drayton Sts Savannah Ga Adams Adams Attorneys for Service in Georgia ICapital Stock 1 Amount of capital paid up in cash 100000 00
2 Amount of ledger assets as per balance IIIncome 5 Gross premiums 24321 46
6 Deduct gross amount paid for reinsurance fire 999181 return premiums fire 287574 total 12867 55
390
ComptrollerGeneral s Report
7 Total premiums other than perpetual 11453 91
12 Gross interest on deposits in trust com
panies and banks 838 71
13 Gross interest from all other sources viz
City of Savannah Bonds 362 44
16 Gross rents from companys property 5221 25
17 Total gross interest and rents 6422 40
18 From other sources Profit on sale of City of Savannah
Bonds 15450 commissions 574554 sale of fur
niture 4750 total 5947 54
28 Total income 23823 85
IIIDisbursements
1 Gross amount paid policyholders for losses
including 144364 occurring in pre
vious years
2 Deduct amount received for reinsurance
fire
1960 74
1201 84
3 Net amount paid policyholders for losses 758 90
4 Expenses of adjustment and settlement of losses 42 42
5 Commissions or brokerage 4678 57
8 Salaries fees and all other charges of officers directors
trustees and home office employees 3862 50
10 Advertising 49172 printing and stationery 55068 1042 40
11 Postage telegrams telephone and express 167 45
13 Furniture and fixtures 211 00
14 Maps including corrections 237 70
15 Underwriters Boards and Tariff Associations 66 50
18 Repairs and expenses other than taxes on real estate
and remodeling 4348 00
19 Taxes on Real estate 1193 16
20 State taxes on premiums 9 40
21 Insurance department licenses and fees 200 00
22 All other licenses fees and taxes Sundry town licenses 260 40
23 Other disbursements Travelling expenses auditing ets 635 55
41 Total disbursements 17713 95
IVLedger Assets
1 Book value of real estate 120000 00
6 Deposits in trust companies and banks not
on interest 2852 51
ComptrollerGenerals Eeport
7 Deposits in trust companies and banks on
interest 29588 71
8 Agents balances representing business
written subsequent to Oct 1 1912 3858 06
16 Total ledger assets
NonLedger Assets
21 Interest on cash in savings bank 295 88
22 Rents due 617 50
24 Total
30 Gross assets
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 1600 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 612417
unearned premiums fifty per cent 3062 09
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 597068 unearned
premiums pro rata 4959 38
11 Total unearned premiums as computed above
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
26 Total amount of all liabilities except capitalI
27 Capital actually paid up in cash 100000 00
28 Surplus aver all liabilities 47580 10
29 Surplus as regards policyholders
30 Total liabilities
391
156299 28
913 3S
157212 66
1600 00
8021 47
11 09
9632 56
147580 10
157212 66392 CompteollerGeneeal s Bepoet
VIEisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 397933 00 423132
2 Written or renewed during the year 1906589 00 24321 46
4 Total 2304522 00 28552 78
5 Deduct those expired and marked off as
terminated 680352 00 6429 61
6 In force at the end of the year 1624170 00 22123 17
7 Deduct amount reinsured schedule re
quired 843370 00 10028 32
8 Net amount in force 780800 00 12094 85
Business in the State of Georgia During the Year
28 Net risks written 49925 00
29 Net premiums received 8321 44
30 Net losses paid 696 89
31 Net losses incurred 1935 98
SCOTTISH UNION AND NATIONAL FIRE INSURANCE COMPANY OF
EDINBURGH SCOTLAND
James H Brewster United States Manager
W R Hoyt Attorney for Service in Georgia
ICapital Stock
1 Amount of capital deposit 200000 00
2 Amount of leger assets as per balance
December 31 of previous year 5216592 55
4 Extended at 5216592 55
IIIncome
5 Gross premiums 3729205 95
6 Deduct gross amount paid for reinsurance
fire 94798850 return premiums fire
644272 56 total 1592261 06
7 Total premiums other than perpetual 2136944 89ComptkollehGeneeal s Eepoet
393
9 Gross interest on mortgage loans
11 Gross interest on bonds and dividends on
stocks less 633791 accrued interest
on bonds acquired during 1912
12 Gross interest on deposits in trust com
panies and banks
16 Gross rents from companys property
11889 56
196607 48
3011 05
2295 33
17 Total gross interest and rents 213803 42
18 From other sources Eeceived from home office 18140 65
26 Gross profit on sale or maturity of ledger assets viz
Bonds 700 00
28 Total income 2369588 96
IIIDisbursements
1 Gross amount paid policyholders for losses
including 24209973 occurring in pre
vious years 1692021 06
2 Deduct amount received for salvage fire
1261741 reinsurance fire 55589403
discount fire 16300 total 568674 44
9
10
11
12
13
14
i5
17
18
19
20
21
Net amount paid policyholders for losses 1123346 62
Expenses of adjustment and settlement of losses 24056 37
Commissions or brokerage 467181 82
Allowances to local agencies for miscellaneous agency
expenses 7574 52
Salaries 4680779 and expenses 3967290 of special
and general agents 8648069
Salaries fees and all other charges of officers directors
trustees and home office employees 94993 06
Rents 7563 85
Advertising 159803 printing and stationery 17
59008 total 19188 11
Postage telegrams telephone and express 14362 13
Legal expenses 1330 28
Furniture and fixtures 816 66
Maps including corrections 6492 37
Underwriters Boards and Tariff Associations 39614 50
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 29207 19
Inspections and surveys 4264 04
Repairs and expenses other than taxes on real estate 1065 05
Taxes on real estate 709 95
State taxes on premiums 41584 48
Insurance department licenses and fees 11243 39394 ComptrollerGeneral s Bepoet
22 All other licenses fees and taxes Federal corporation
tax 1133 17
Municipal licenses 6764 81
23 Other disbursements
24 Mercantile reports 1639 29
25 Office supplies 425 60
26 Premiums on Fidelity Bonds 515 09
27 Safe deposit box 600 00
28 Subscriptions 690 00
29 Tabulating system 1223 72
31 Remitted to home office 21359 31
38 Agents balances charged off 648 87
39 Gross loss on sale or maturity of ledger assets viz
Bonds 660 00
41 Total disbursements 2016734 94
IVLedger Assets
1 Book value of real estate 143023 18
2 Mortgage loans on real estate 187900 00
4 Book value of bonds 462802180 and
stocks 5020625 total 4678228 05
6 Deposits in trust companies and banks not
on interest 10199 71
7 Deposits in trust companies and banks on
interest 114444 42
8 Agents balances representing business
written subsequent to Oct 1 1912 433616 85
9 Agents balances representing business
written prior to Oct 1 1912 2034 36
16 Total ledger assets 5569446 57
NonLedger Assets
17 Interest accrued on mortgages 3239 70
18 Interest due 3979125 and accrued 31
68020 on bonds 71471 45
24 Total 74711 15
30 Gross assets 5644157 72
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 2034 36ComptrolleeGeneeals Report 395
38 Book value of ledger assets over market
value viz Bonds and stocks 46439 30
41 Total admitted assets 5595684 06
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 57144 00
2 Gross claims for losses in process of ad
justment or in suspense plus 782500
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 150325 80
3 Gross claims for losses resisted 18310 00
4 Total 225779 80
5 Deduct reinsurance due or accrued 70400 00
6 Net amount of unpaid losses and claims 155379 80
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1293
22354 unearned premiums fifty per
cent 646611 77
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 274771859 un
earned premiums pro rata 1486226 97
11 Total unearned premiums as computed above 2132838 74
18 Salaries rents expenses bills accounts fees etc due
or accrued 10000 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 30000 00
26 Total amount of all liabilities except capital 2328218 54
27 Capital deposit 200000 00
28 Surplus over all liabilities 3067465 52
29 Surplus as regards policyholders 3267465 52
30 Total liabilities 5505684 06
396 ComptrollerGenerals Beport
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 536619358 00 5134250 96
2 Written or renewed during the year 395149597 00 3729205 91
4 Total 931768955 00 8863456 87
5 Deduct those expired and marked off as
terminated 355604372 00 3469549 48
6 In force at the end of the year576164583 00 5393907 39
7 Deduct reinsurance schedule required 152211479 00 1352965 26
8 Net amount in force423953104 00 4040942 13
Business in the State of Georgia During the Year
28 Gross risks written 4668693 00
Less 66198500 risks cancelled and 25656700 reinsur
ance in companies authorized in Georgia 918552 00
Net risks written 3750141 00
29 Gross premiums on risks written 51873 15
Less 485638 return premiums and 82359 premiums
for reinsurance in companies authorized in Georgia 5679 97
Net premiums received 46193 18
30 Losses paid deducting salvage 29691 96
31 Losses incurred 27299 54
SURETY FIRE INSURANCE COMPANY OF NEW HAVEN CONN
John W Ailing President Victor Roth Secretary
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of leger assets as per balance
December 31 of previous year 3778224 68
4 Extended at 3778224 68ComptrollerGenerals Report
397
IIIncome
5 Gross premiums 3141796 28
6 Deduct gross amount paid for reinsurance
fire 57412719 return premiums fire
54587498 total 1120002 17
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 64346 accrued interest on
bonds acquired during 1912
13 Gross interest from all other sources viz
On premium notes
On Philadelphia Underwriters Deposit
Asso
16 Gross rents from companys property
2021794 11
13488 28
5253 55
135242 68
92 01
3 15
8937 50
17 Total gross interest and rents
19 Borrowed money
20 Old premium notes
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
163017 17
80000 00
12 00
207 49
568 75
28 Total income 2265599 52
IIIDisbursements
1 Gross amount paid policyliolders for losses
including 23299748 occurring in pre
vious years 1338360 37
2 Deduct amount received for salvage fire
937509 reinsurance fire 298
84323 discount fire 111218 total 309330 50
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 4734871 and expenses 4090635 of special
and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 893750 for companys occupancy of
its own buildings
1029029 87
24118 58
423191 56
16870 11
88255 06
108723 61
11927 23398
ComptrollerGenerals Report
10 Advertising 4j0f4113 printing and Stationery 16
99987 total 20041 00
11 Postage telegrams telephone and express 14838 53
12 Legal expenses 2375 20
13 Furniture and fixtures 4 789 05
14 Maps including corrections 7 714 45
15 Underwriters Boards and Tariff Associations 18314 30
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 14 720 40
17 Inspections and surveys 13 271 82
18 Repairs and expenses other than taxes on real estate 335 83
19 Taxes on real estate 2 120 39
20 State taxes on premiums 32 706 87
21 Insurance department licenses and fees 12 612 22
22 All other licenses fees and taxes
Tax on capital stock 12 823 47
City and county taxes 5 287 17
Municipal licenses 4 ggg 88
23 Other disbursements
24 General expense schedule 14 426 64
25 Interest on borrowed money 545 00
26 Interest on payments for new stock 5 732 75
27 Borrowed money 80000 00
34 Paid stockholders for interest or dividends amoune de
clared during the year 119000 00
38 Agents balances charged off 213 20
11 Total disbursements 2 088 954 20
IVLedger Assets
1 Book value of real estate 239218 25
2 Mortgage loans on real estate 300300 00
3 Loans secured by pledge of bonds stocks
or other collateral 94000 00
4 Book value of bonds 213893750 and
stocks 70342091 2842340 41
5 Cash in companys office 10228 32
6 Deposits in trust companies and banks not
on interest 100420 60
8 Agents balances representing business
written subsequent to Oct 1 1912 349999 50
9 Agents balances representing business
written prior to Oct 1 1912 124954
11 Bills receivable taken for fire risks 16751 70
13 Cash deposited with Phila Under Asso 100 00
14 Due from Re Ins Companies on paid
losses 261 68
16 Total ledger assets 3954870 00ComptrollerGeneral s Eeport
NonLedger Assets
399
17 Interest accrued on mortgages 2894 70
18 Interest accrued on bonds 35097 44
19 Interest accrued on collateral loans 683 15
23 Rents accrued on companys property or l
lease 312 50
24 Total 38987 79
25 Market value of real estate over book value 25781 75
26 Market value not including interest in item 18 of bonds
and stocks over book value 59867 72
30 Gross assets 4079507 26
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 1249 54
35 Bills receivable past due taken for ma
rine inland and fire risks 3760 80
40 Total admitted assets 4074496 92
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 53896 36
2 Gross claims for losses in process of ad
justment or in suspense plus 607971
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 172058 07
3 Gross claims for losses resisted 23623 10
4 Total 249577 53
5 Deduct reinsurance due or accrued 61053 59
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1100
09532 unearned premiums fifty per
cent 550047 66
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
188523 94400
ComptrollerGenerals Eepoet
fire risks running more than one year
from date of policy 256545123 un
earned premiums pro rata 1401859 33
11
18
19
26
27
28
Total unearned premiums as computed above 1951936 99
Salaries rents expenses bills accounts fees etc due
or accrued 2819 31
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 35000 00
Total amount of all liabilities except capital 2178280 24
Capital actually paid up in cash 1000000 00
Surplus over all liabilities 896216 68
29 Surplus as regards policyholders 1896216 68
30 Total liabilities 4074496 92
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 358486451 00 3918789 30
2 Written or renewed during the year 283998924 00 3141796 28
3 Excess of original premiums over
amount received for reinsurance 10397 22
Total 642485375 00 7070982 80
Deduct those expired and marked off as
terminated 222831745 00 2611017 75
In force at the end of the year419653630 00
Deduct reinsurance schedule required 71412353 00
4469965 05
804418 50
Net amount in force3 348241277 3665546 55
Business in the State of Georgia During the Year
Gross risks written 4823356 00
Less 80615700 risks cancelled and 108928100 rein
surance in companies authorized in Georgia 1895438 001
29
Net risks written 2927918 00
Gross premiums on risks written 67434 75
Less 1367863 return premiums and 1286708 prem
iums for reinsurance in companies authorzied in Ga 26545 71ComptrollerGenerals Report
Net premiums received
30 Losses paid deducting salvage
Less losses on risks reinsured in companies authorized in
Georgia
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
401
40889 04
29902 28
6180 97
23721 31
36210 75
8215 47
27995 28
SOUTHERN MUTUAL INSURANCE COMPANY OF ATHENS GA
Billups Phinizy President A E Griffith Secretary
Home Office Southern Mutual Building Athens Ga
Officers of Company Attorneys for Service in Georgia
ICapital Stock
2 Amount of leger assets as per balance
Dec 31 of previous year reserve fund 990874 10
4 Extended at 990874 10
IIIncome
5 Gross premiums 380956 20
6 Deduct gross amount paid for return prem
iums 6036 63
7 Total premiums 374919 57
10 Gross interest on bonds and dividends on
stocks 3602500
15 Gross rents from companys property in
cluding 150000 for companys occu
pancy of its own buildings 29466 16
Ri 4Q1 1 6
16 Total gross interest and rents mwx
17 From other sources Profit and loss
440412 29
29 Total income
IIIDisbursements
1 Gross amount paid policyholders for
losses 113340 35402
ComptrollerGenerals Eeport
3 Net amount paid policyholders for losses
5 Commissions
8 Salaries fees and all other charges of officers directors
trustees and home office employees
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 Federal corporation
tax 206895 tax on cash and office furniture
25311 municipal licenses and taxes 234934
23 Other disbursements Expense account 475762 dis
count paid banks 20500 total
31 Dividends to policyholders
113340 35
56236 96
20745 00
10271 31
3800 43
365 30
565 31
4671 40
4962 62
203077 34
37 Total disbursements 418036 02
IVLedger Assets
1 Book value of real estate 265000 00
4 Book value of bonds 52650000 and
stocks 18500000 total 711500 00
6 Deposits in trust companies and banks not
on interest 29007 S2
5 Agents balances representing business
written subsequent to Oct 1 1912 7742 55
15 Total ledger assets 1013250 37
NonLedger Assets
17 Interest due on bonds and stocks
22 Rents due on companys property or lease
16467 50
2322 08
23 Total 18789 58
25 MaTket value not including interest in item 17 of
bonds and stocks over book value 127140 00
29 Gross assets 1159179 95
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
3967 43
3967 43ComptrollerGeneral s Beport
fire risks running one year or less from
date of policy including interest prem
iums fifty per cent 187459 78
403
li
34
Total unearned premiums as computed above 187459 78
Dividends declared and unpaid to policyholders includ
ing all unpaid dividends on terminated policies whether
Total amount of all liabilities 329 377 58
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
year a statement 38002900 00
Written or renewed during the year 41035452 00
Total 79038352 00
Deduct those expired and marked off as
terminated 39886274 00
In force at the end of the year 39152078 00 374919 57
Business in the State of Georgia During the Year
Gross risks written 41035452 00
Less risks cancelled 1059106 00
23
Net risks written
Gross premiums on risks written
Less return premiums
39976346 00
380956 20
6036 63
Net premiums received 374 919 57
Net losses paid 113340 35
Net losses incurred 1173W m
SOUTHERN STATES TIRE INSURANCE COMPANY
ICapital Stock
1 Amount of capital paid up
in cash 205310 00
2 Amount of leger assets as per balance
December 31 of previous year 556056 31
3 Decrease of paid up capital during year 205310 00
4 Extended at
350746 31404
ComptrollerGeneral s Report
IIIncome
Fire Casualty
5 Gross premiums 379229 52 14690 41
6 Deduct gross amount paid
for reinsurance fire
5369745 casualty 9
14115 return premiums
fire 9189395 total 14559140 9141 15
7 Total premiums other
than perpetual 233638 12
9 Gross interest on mortgage loans less
81667 accrued interest on mortgages
acquired during 1912
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust com
panies and banks
5549 26 239187 38
944 18
73 33
12420 00
6493 87
17 Total gross interest and rents
18 From other sources Furniture sold
21 Surplus by decrease in capital stock
19931 38
171 90
205310 00
28 Total income 464600 66
IIIDisbursements
Fire Casualty
1 Gross amount paid policy
holders for losses in
cluding 3267047 occur
ring in previous years 133017 90 9747 29
2 Deduct amount received
for salvage fire 19000
reinsurance fire 17
08091 total 17270 91
3 Net amount paid policy
holders for losses 115746 99 9747 29
4 Expenses of adjustment and settlement of losses fire
326906 casualty 28903 total
5 Commissions or brokerage fire 6598294 casualty
82733 total
7 Salaries 267750 and expenses 890911 of special and
general agents including inspections
8 Salaries fees and all other charges of officers directors
trustees and home office employees
125494 28
3558 09
66810 27
11586 61
22112 66
m
s
ComptrollekGenekals Eepoet
405
9 Rents
10 Advertising 214318 printing and stationery 620457
11 Postage telegrams telephone and express
12 Legal expenses and court costs
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Municipal licenses
179930 taxes 55585 total
23 Other disbursements Interest and exchange 12097
special audits by Ins Dept 209048 medical ex
penses and fees casualty 32200 appraisement fees
1100 sundry profit and loss items 22591 acct
breech of contract Fitzhugh Bros Memphis 50000
acct breech of contract Barry Steele Greenwood
Miss 227703 all other disbursements misce 1
95828 judgments paid stockholders 139834 total
37 Decrease in liabilities during the year on account of re
insurance treaties
38 Agents balances charged off
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate 66020 00
3 Loans secured by pledge of bonds stocks
or other collateral 400 00
4 Book value of bonds 28025550 and
stocks 195000 total 282205 50
5 Cash in companys office 230 14
6 Deposits in trust companies and banks not
on interest 27919 53
7 Deposits in trust companies and banks on
interest 86705 22
8L Agents balances representing business
written subsequent to Oct 1 1912 61364 20
9 Agents balances representing business
written prior to Oct 1 1912 1967 88
12 Other ledger assets viz Dne from Re Ins
Cos 206 29
13 Furniture fixtures and maps 7166 31
14 Trav expenses advanced 418 77
15 Due from Former Fiscal Agt 2528 12
16 Total ledger assets
2448 59
8347 75
2169 34
5256 75
1446 69
272 16
1788 11
3543 21
2355 15
8934 01
3222 67
4076 67
4792 00
278215 01
537131 96406
ComptbolleeUeneeals Repoet
NonLedger Assets
17 Interest accrued on mortgages 2490 90
18 Interest accrued on bonds 982 50
19 Interest accrued on collateral loans 29 86
21 Accrued certificates of deposit 2160 97
24 Total
30 Gross Assets
Deduct Assets Not Admitted
31 Companys stock owned 195000 loans
on 40000 2350 00
33 Furniture fixtures and safes and maps 7166 31
34 Agents balances representing business
written prior to Oct 1 1912 1967 88
38 Book value of ledger assets over market
value viz Due from fiscal agent 2528 12
41 Total admitted assets
5664 23
542796 19
14012 31
528783 88
VLiabilities
1 Gross losses adjusted and unpaid due
232694 not yet due 1294043 15267 37
2 Gross claims for losses in process of ad
justment or in suspense plus 1379667
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 41118 99
3 Gross claims for losses resisted 1100 00
4 Total 57486 36
5 Deduct reinsurance due or accrued 6485 88
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of polfcy including interest prem
iums on perpetual fire risks 167
45428 unearned premiums fifty per
cent 83727 14
8 Gross premiums less reinsurance receiv
51000 48ComptbollebGenebals Eeport
407
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 9936599 unearn
ed premiums pro rata
72514 73
11
18
19
21
23
26
27
28
29
30
Total unearned premiums as computed above
Salaries rents expenses bills accounts fees etc due
or accrued
Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
Reinsurance premiums
All other liabilities viz Litigation pending
Surplus as regards policyholders
Total liabilities
VIEisks and Premiums
156241 87
730 75
5750 00
3361 87
5000 00
Total amount of all liabilities except capital 222084 97
Capital actually paid up in cash 205310 00
Surplus over all liabilities 101388 91
306698 91
528783 88
Fire Eisks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 4405162 00 97325 72
Written or renewed during the year 18361020 00 379229 52
Total 22766182 00 476555 24
Deduct those expired and marked off as
terminated 6663107 00 156037 52
In force at the end of the year 16103075 00 320517 72
Deduct reinsurance schedule required 2485699 00 53697 45
28
29
Net amount in force 13617376 00 266820 27
Business in the State of Georgia During the Year
Gross risks written 1646434 00
Less 33358700 risks cancelled and 3441900 reinsur
ance in companies authorized in Georgia 368006 00
Net risks written 1278428 00
Gross premiums on risks written 31688 16
Less 544219 return premiums and 70212 premiums
for reinsurance in companies authorized in Georgia 6144 31408 ComptrollerGenerals Report
Net premiums received 25543 85
30 Losses paid deducting salvage 9476 11
31 Losses incurred 16483 90
SPRINGFIELD FIRE MARINE INSURANCE COMPANY OF
SPRINGFIELD MASSACHUSETTS
A W Damon President W J Mackay Secretary
Jas L Dickey Jr Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 2000000 00
2 Amount of leger assets as per balance
December 31 of previous year 9684439 53
4 Extended at 9684439 53
IIIncome
5 Gross premiums 7550569 79
6 Deduct gross amount paid for reinsurance
fire 102653386 return premiums fire
106730475 total 2093838 61
7 Total premiums ther than perpetual
9 Gross interest on mortgage loans 67025 96
11 Gross interest on bonds and dividends on
stocks less 35054 accrued interest on
bonds acquired during 1912 334501 68
12 Gross interest on deposits in trust com
panies and banks 4085 31
13 Gross interest from all other sources viz
On Portland Oro real estate charged
profit and loss 1907 456 60
16 Gross rents from companys property 18000 00
17 Total gross interest and rents
18 From other sources Recovery on Portland Ore real
estate charged profit and loss 1907 22500 recover
on old real estate act charged to profit and loss 1897
3609 58 refund of taxes on Mass Bank stocks
935983 total
24 Increase in liabilities during the year on account of re
insurance treaties
456731 18
424069 55
13194 41
25262 25ComptrollerGeneral s Beport
409
25 From agents balances previously charged off 228 57
26 Gross profit on sale or maturity of ledger assets viz
Bonds 3404302 stocks 845000 total 42493 02
28 Total income 5961978 98
IIIDisbursements
Gross amount paid policyholders for losses
including 44217829 occurring in pre
vious years 3469816 09
Deduct amount received for salvage fire
2673917 reinsurance fire 54846841
discount fire 33791 total 575545 49
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Xet amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 18429262 and expenses 12529781 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Eents including 1800000 for companys occupancy
of its own buildings
Advertising 2003371 printing and stationery 54
12464 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
Eepairs and expenses other than taxes on real estate
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax 82370 Massachusetts franchise tax 935983
county and municipal taxes 1791876 total
Other disbursements Interest paid Munich Beins Co per
contract 932913 prem on bonds fire and liability
policies 98057 mercantile reports directories and
magazines 97280 light and heat 318247 laundry
toilet etc 98471 auditing and system 204250
2894270 60
40293 12
1055260 54
26078 67
309590 43
320983 34
35161 74
74158 35
28441 47
8190 94
8411 05
17695 29
59387 93
34146 81
37533 07
636 55
4549 25
88573 86
25627 28
28102 29410 ComptrollerGenerals Report
lunch system entertaining etc 114452 sundry
items not distributed 309963 total 21736 33
34 Paid stockholders foT interest or dividends amount de
clared during the year 200000 00
38 Agents balances charged of 2191 99
39 Gross loss on sale or maturity of ledger assets viz
Bonds 643 50
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 5000 00
41 Total disbursements 5326664 40
IVLedger Assets
1 Book value of real estate 300000 00
2 Mortgage loans on real estate 1716370 00
4 Book value of bonds 78825244 and
stocks 585123675 total 6639489 19
5 Cash in companys office 674 87
6 Deposits in trust companies and banks not
on interest 354447 56
7 Deposits in trust companies and banks on
interest 304241 71
8 Agents balances representing business
written subsequent to Oct 1 1912 997522 63
9 Agents balances representing business
written prior to Oct 1 1912 7008 15
16 Total ledger assets 10319754 11
NonLedger Assets
17 Interest accrued on mortgages 38482 44
18 Interest accrued on bonds 14157 45
24 Total 52639 89
26 Market value not including interest in item 18 of bonds
and stocks over book value 691306 81
30 Gross assets 11063700 81
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 7008 15
41 Total admitted assets 11056692 66
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 94053 581
ComptkollekGeneeal s Report
411
2 Gross claims for losses in process of ad
justment or in suspense plus 1222916
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
405367 89
45185 47
544606 94
75373 17
6 Net amount of unpaid losses and claims 469233 77
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 3457
14328 unearned premiums fifty per
cent 1728571 64
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 614304333 un
earned premiums pro rata 3272719 58
11 Total unearned premiums as computed above
16 Interest due or accrued
18 Salaries rents expenses bills accounts fees etc due
or accrued
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
24 Funds held for Munich Reins Co under treaty
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 3266053 71
5001291 22
4891 67
8000 00
50000 00
257222 29
5790638 95
29 Surplus as regards policyholders
30 Total liabilities
5266053 71
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement
2 Written or renewed during the year
903473654
655413176
10279923 61
7550569 79
412 ComptrollerGenerals Report
4 Total 1558886830 17830493 40
5 Deduct those expired and marked off as
terminated 594124496 7019271 78
6 In force at the end of the year 964762334 10811221 62
7 Deduct reinsurance schedule required 108426775 1211035 01
8 Net amount in force 856335559 9600186 61
Business in the State of Georgia During the Year
28 Gross risks written 6998684 00
Less 1915622 risks cancelled and 5619300 reinsurance
in companies authorized in Georgia 1971815 00
Net risks written 5026869 00
29 Gross premiums on risks written 120995 05
Less 2607491 return premiums and 55208 premiums
for reinsurance in companies authorized in Georgia 26626 99
Net premiums received 94368 06
Net losses paid 61915 78
Net losses incurred 58840 57
STANDARD FIRE INSURANCE COMPANY
M L Hewes President H B Anthony Secretary
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of leger assets as per balance
December 31 of previous year 1125359 85
4 Extended at 1125359 85
IIIncome
5 Gross premiums 656821 80
6 Deduct gross amount paid for reinsurance
fire 10909316 return premiums fire
10962011 total 218713 27
7 Total premiums other than perpetual 438108 53ComptrollerGeneral s Report
413

11 Gross interest on bonds and dividends on
stocks less 42792 accrued interest on
bonds acquired during 1912 41507 08
12 Gross interest on deposits in trust com
panies and banks 89927
17 Total gross interest and rents 42406 35
28 Total income 480514 8
IIIDisbursements
1 Gross amount paid policyholders for losses
including 1655512 occurring in pre
vious years 212421 48
2 Deduct amount received for salvage fire
122271 reinsurance fire 4278444 44007 15
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commission or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 1849590 and expenses 1903237 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10
11
12
13
14
15
16
17
20
Advertising 66479 printing and stationery 569421
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 2597 85
Inspections and surveys 4405 57
State taxes on premiums 844064
21 Insurance department licenses and fees
22 All other licenses fees and taxes Notary fees 3100
certified copies of charges 1200 antitrust affidavit
100 home office travelling expenses 145777
23 Other disbursements Capital stock tax 800000 safe
deposit box 5000 total
34 Paid stockholders for interest or dividends amount de
clared during the year
168414 33
2986 44
92073 33
3210 98
37528 36
21016 42
1893 11
6359 00
4364 86
326 00
914 40
2281 03
3196 68
4733 50
1501 77
8050 00
30000 00
41 Total disbursements 404294 27414 ComptrollerGenerals Report
IVLedger Assets
4 Book value of bonds 97189151 and
stocks 9105400 total 1062945 51
5 Cash in company s office 162 81
7 Deposits in trust companies and banks on
interest 50659 83
8 Agents balances representing business
written subsequent to Oct 1 1912 87636 45
9 Agents balances representing business
written prior to Oct 1 1912 175 86
16 Total ledger assets 1201580 46
NonLedger Assets
18 Interest accrued on bonds 11439 29
24 Total 11439 29
28 Maps furniture and fixtures cost 1767311 10000 00
30 Gross assets 1223019 75
Deduct Assets Not Admitted
33 Furniture fixtures and safes 10000 00
34 Agents balances representing business
written prior to Oct 1 1912 175 86
38 Book value of ledger assets over market
value 17480 51
41 Total admitted assets 1195363 38
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 114039
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 26959 29
3 Gross claims for losses resisted 500 00
4 Total 27459 29
5 Deduct reinsurance due or accrued 1828 89
6 Net amount of unpaid losses and claims 25 630 40
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
CompteollerGenerals Report
415
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 28510568
unearned premiums fifty per cent 142552 84
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 29424526 un
earned premiums pro rata 190435 66
11 Total unearned premiums as computed above 332988 50
18 Salaries rents expenses bills accounts fees etc due
or accrued 1345 28
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 7500 00
21 Reinsurance premiums 11285 10
26 Total amount of all liabilities except capitalj 378749 28
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 316614 10
29 Surplus as regards policyholders
30
816614 10
Total liabilities 1195363 38
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 49933169 00
Written or renewed during the year 68353944 00
438558 66
656821 80
28
Total 118287113 00 1095380 46
Deduct those expired and marked off as
terminated 38594092 00 370927 64
In force at the end of the year 79693021 00 724452 82
Deduct reinsurance schedule required 15773305 00 145101 88
Net amount in force 63919716 00 579350 94
Business in the State of Georgia During the Year
Gross risks written 502231 00
Less 13272300 risks cancelled and 68935 00 reinsur
ance in companies authorized in Georgia 201658 00

Net risks written 300573 00416 ComptbollekGeneeals Eeport
29 Gross premiums on risks written 2189 08
Less 36133 return premiums and 30304 premiums for
reinsurance in companies authorized in Georgia 664 37
Net premiums received 1524 71
30 Losses paid deducting salvage 350 86
Less losses on risks reinsured in companies authorized in
Georgia 64
Net losses paid 350 22
31 Losses incurred 374 86
Less losses on risks reinsured in companies authorized in
Georgia 5 28
Net losses incurred 369 58
ST PAUL FIRE MARINE INSURANCE CO OF ST PAUL MINN
I E Bigelow President A W Perry Secretary
T L Riley Attorney for Service in Georgii
ICapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of leger assets as per balance
December 31 of previous year 8097730 10
4 Extended at 8097736 10
IIIncome
5 Gross premiums 8222522 51
6 Deduct gross amount paid for reinsurance
fire 57331904 marine and inland
637862 40 return premiums fire
76518841 marine and inland 272
97208 total 2249341 93
7 Total premiums other than perpetual 5973180 64
9 Gross interest on mortgage loans 32349 07
10 Gross interest on collateral loans 178 56
11 Gross interest on bonds and dividends on
stocks less 1279718 accrued interest
on bonds acquired during 1912 264427 48
12 Gross interest on deposits in trust com
panies and banks 4310 16ComptrollerGenerals Report
417
13 Gross interest from all other sources viz
Interest on bonds and stock sold 11532 28
15 Interest on notes taken for premiums 2951 08
16 Gross rents from companys property in
eluding 1200000 for companys occu
pancy of its own buildings 19065 05
17 Total gross interest and rents 334813 68
25 From agents balances previously charged off 80 20
26 Gross profit on sale or maturity of ledger assets viz
Bonds 5047 50
Stocks 40987 00
28 Total income 6354108 52
IIIDisbursements
1 Gross amount paid policyholders for losses
including 30984321 occurring in pre
vious years 4241184 64
2 Deduct amount received for salvage fire
1243322 marine and inland 63
11751 reinsurance fire 29933044
marine and inland 57208064 discount
fire 294166 total 949903 47
3 Net amount paid policyholders for losses 3291281 17
4 Expenses of adjustment and settlement of losses 76249 26
5 Commissions or brokerage 1428803 30
6 Allowances to local agencies for miscellaneous agency
expenses 4748 19
7 Salaries 6376949 and expenses 11845595 of special
and general agents 182225 44
8 Salaries fees and all other charges of officers directors
trustees and home office employees 102166 85
9 Rents including 1200000 for companys occupancy
of its own buildings 12592 50
10 Advertising 630845 printing and stationery 43
15792 49466 37
11 Postage telegrams telephone and express 30300 45
12 Legal expenses 14422 72
13 Furniture and fixtures 2461 25
14 Maps including corrections 7986 30
15 Underwriters Boards and Tariff Associations 16863 32
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 5174 14
17 Inspections and surveys 18867 08
18 Repairs and expenses other than taxes on real estate 5208 18418
ComptrollerGenerals Keport
19 Taxes on real estate
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax
City licenses and occupation tax
City taxes
State and county licenses and taxes
23 Other disbursements Other items
34 Paid stockholders for interest or dividends amount de
clared during the year
37 Decrease in liabilities during the year on account of re
insurance treaties
38 Agents balances charged off
39 Gross loss on sale or maturity of ledger assets viz
Real estate 300000 bonds 125282 total
41 Total disbursements
3774 14
114017 88
18464 35
3188 57
8095 36
748 76
6077 11
9969 91
100000 00
1925 36
38732 49
4252 82
5558063 27
IVLedger Assets
1
2
3
4
5
7
8
9
10
11
12
13
14
Book value of real estate 270280 71
Mortgage loans on real estate first liens
56730550 other than first 40000 567705 50
Loans secured by pledge of bonds stocks
or other collateral 150000 00
Book value of bonds 648476651 and
stocks 23957330 total 6724339 81
Cash in companys office 3558 30
Deposits in trust companies and banks on
interest 350033 95
Agents balances representing business
written subsequent to Oct 1 1912 671171 86
Agents balances representing business
written prior to Oct 1 1912 6250 26
Bills receivable taken for marine and in
land risks 4305 16
Bills receivable taken for fire risks 102935 64
Other ledger assets viz Century Fire Ins
Co secured by 23163 46
Farm notes not due 12718 66
Due from Reinsurance Cos for return
premiums
Due from reinsurance Cos on losses paid
290 59
30191 41
15
16 Total ledger assets 8893781 35
ComptrollerGeneral s Report 419
NonLedger Assets
17 Interest due 54000 and accrued 6
06904 on mortgages 6609 04
18 Interest accrued on bonds 53981 59
24 Total 60590 63
27 Other nonledger assets Unliquidated interest on 100
shares of Natl German Amer Bank stock 7000 00
30 Gross assets 8961371 98
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 6250 26
35 Bills receivable past due taken for ma
rine inland and fire risks 9353 89
36 Loans on personal security endorsed or
not 82 44
37 Miscellaneous stocks 1325 00
37 Mortgages other than first 400 00
38 Book value of ledger assets over market
value 158163 53
39 Reinsurance premiums collections doubtful 258 80
40 Reinsurance losses doubtful 219 21
41 Total admitted assets 8785318 85
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 90659 49
2 Gross claims for losses in process of ad
justment or in suspense 531338 74
3 Gross claims for losses resisted 291 05
4 Total 651103 23
5 Deduct reinsurance due or accrued 199093 81
6 Net amount of unpaid losses and claims 452009 42
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1885
82613 unearned premiums fifty per
cent 942913 07420
ComptrollerGenerals Report
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 686953787 un
earned premiums pro rata 3521548 58
8 Excess of original premiums over ami
reed for reins 2500 00
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired inland navigation
risks 71643241 unearned premiums
fifty per cent 358216 21
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 2958703
unearned premiums 100 per cent 29587 03
11 Total unearned premiums as computed above 4854764 89
19 Estimated amounts 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 be
come due to agents and brokers
21 Reinsurance premiums
23 All other liabilities viz Reserved for unpaid bills
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities 2851370 77
100000 00
3751 05
22422 72
1000 00
5433948 08
29 Surplus as regards policyholders
30 Total liabilities
3351370 77
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 675799818 8969490 75
2 Written or renewed during the year 4388505 1 5833303 43
3 Excess or original premiums over
amount received for reinsurance 12165 05
4 Total 1114650361 14814959 23
5 Deduct those expired and marked off as
terminated 391496761 5424747 681
ComptrollerGenerals Report 421
6 In force at the end of the year 723153600 9390211 55
7 Deduct amount reinsured schedule re
quired 49266345 634847 55
8 Net amount in force 673887255 8755364 00
Business in the State of Georgia During the Year
28 Gross risks written 7930685 00
Less 92728200 risks cancelled and 65118200 reinsur
ance in companies authorized in Georgia 1578464 00
Net risks written 6352221 00
29 Gross premiums on risks written 102411 57
Less 1593001 return premiums and 798420 premiums
for reinsurance in companies authorized in Georgia 23914 21
Net premiums received 78497 36
30 Losses paid deducting salvage 42372 52
Less losses on risks reinsured in companies authorized in
Georgia 6370 02
Net losses paid 36002 50
31 Losses incurred 47719 9
Less losses on risks reinsured in companies authorized in
Georgia 6197 52
Net losses incurred 41522 27
SVEA FIRE LIFE INSURANCE COMPANY LTD OF
GOTHENBURG SWEDEN
M L Duncan United States Manager
Dan B Harris Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital deposit 200000 00
2 Amount of leger assets as per balance
December 31 of previous year 1385592 38
4 Extended at 1385592 38
IIIncome
5 Gross premiums 1055292 49
6 Deduct gross amount paid for reinsurance
fire 10645019 return premiums fire
21279861 total 319248 80422
ComptrollerGeneral s Eeport
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 281499 accrued interest on
bonds acqquired during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources viz
Interest on bills receivable
15 Interest on deposits reinsurance bureau
736043 69
43758 76
241 S 39
23 13
29 80
17 Total gross interest and rents
26 Gross profit on Sale or maturity of ledger assets viz
Bonds
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses
including 7714423 occurring in pre
vious years 472270
2 Deduct amount received for salvage fire
282932 reinsurance fire 6322318
discount fire 48768 total 66540 IS
46230 08
3432 50
785706 27
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 1113595 and expenses 1265121 of special and
general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents
10 Advertising 85270 printing and stationery 688080
31 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Maps including corrections
15 1nderwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 I nspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal corporation
tax
Municipal licenses
Local laxcs
405730 21
11391 21
200943 32
1465 13
23786 26
29575 75
4400 00
7733 50
1983 81
425 60
1407 48
1779 80
8878 17
7114 Hi
2490 01
9797 01
4899 02
122 35
752 03
1079 58ComptrollerGenerals Eeport 423
23 Other disbursements Bank exchange 312 02
25 Home office expenses 2326 63
26 Insurance publications 318 58
27 Office supplies 148 15
28 Mercantile reports 710 00
29 Miscellaneous expenses 31 88
30 Miscellaneous expenses Reins Bureau 192 91
39 Gross loss on sale or maturity of ledger assets viz
Bonds 6000 00
41 Total disbursements 735794 81
IVLedger Assets
4 Book value of bonds 1158225 99
5 Cash in companys office 3120
6 Deposits in trust companies and banks not
on interest 29635 61
7 Deposits in trust companies and banks on
interest 113416 97
8 Agents balances representing business
written subsequent to Oct 1 1912 111323 13
9 Agents balances representing business
written prior to Oct 1 1912 2451 58
11 Bills receivable taken for fire risks 18167 74
13 Bills receivable taken for agents balances 2251 62
16 Total ledger assets 3435503 84
NonLedger Assets
18 Interest accrued on bonds 13603 76
24 Total l3603 76
30 Gross assets 1449107 60
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 2451 58
35 Bills receivable past due taken for ma
rine inland and fire risks 758 75
36 Bills receivable taken for agents balances
over three months due 2251 62
39 Bonds 58375 99
41 Total admitted assets 1385269 66424 ComptrollerGenerals Report
VLiabilities
1 Gross losses adjusted and unpaid due
1772179 not yet due 891701 26638 80
2 Gross claims for losses in process of ad
justment or in suspense plus 57547
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 51473 60
3 Gross claims for losses resisted 14835 06
4 Total 92947 46
5 Deduct reinsurance due or accrued 16651 56
6 Xet amount of unpaid losses and claims 76295 90
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 44090572
unearned premiums fifty per cent 220452 86
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 85587977 un
earned premiums pro rata 455069 33
11 Total unearned premiums as computed above 675522 19
18 Salaries rents expenses bills accounts fees etc due
or accrued 745 81
19 Estimated amount hereafter payable for federal state
mikI other taxes based upon the business of the year
of this statement 12846 10
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 3255 02
26 Total amount of all liabilities except capital 768665 02
27 Capital deposit 200000 00
28 Surplus over all liabilities 41 6604 64
29 Surplus as regards policyholders 616604 64
30 Total liabilities 1385269 66
VTRisks and Premiums
Fire Risks Premiums Thereon
1 In force on 1he 31 day of December as
per liTie 5 under this heading in last
years statement 108402962 00 1345698 03
2 Written OT renewed luring the year 88697644 00 1055292 49

ComptrollerGeneral s Report 425
4 Total 197100006 00 2400990 52
5 Deduct those expired and marked off as
terminated 76652649 00 963737 89
6 In force at the end of the year120447957 00 1437252 63
7 Deduct reinsurance schedule required 13398937 00 140167 14
8 Net amount in force107049020 00 1296785 49
0
UNITED STATES BRANCH SUN INSURANCE OFFICE OF
LONDON ENGLAND
J J Guile United States Manager
J T Fitten Attorney for Service in Georgia
ICapital Stock
2 Amount of leger assets as per balance
December 31 of previous year 4477419 24
4 Extended at 4477419 24
IIIncome
5 Gross premiums 4276809 33
6 Deduct gross amount paid for reinsurance
fire 76192404 return premiums fire
69227156 total 1454213 60
7 Total premiums other than perpetual 2822595 73
9 Gross interest on mortgage loans 1250 00
11 Gross interest on bonds and dividends on
stocks less 52578 accrued interest on
bonds acquired during 1912 149205 98
12 Gross interest on deposits in trust com
panies and banks 5424 66
16 Gross rents from companys property in
cluding 1580000 for companys occu
pancy of its own buildings 22665 41
17 Total gross interest and rents 178546 05
19 Received from home office 54914 44
26 Gross profit on sale or maturity of ledger assets viz
Bonds 202100 stocks 267000 total 4691 00
28 Total income 3060747 22426
ComptkollebGenebal s Report
IIIDisbursements
1 Gross amount paid policyholders for Josses
including 25199671 occurring in pre
vious years 1862887 09
2 Deduct amount received for salvage fire
2026737 reinsurance fire 384
16130 discount fire 224044 total 4T6669 11
10
11
12
13
14
15
16
17
18
19
20
21
22
23
38
39
40
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Allowances to local agencies for miscellaneous agency
expenses
Salaries 4899328 and expenses 4164760 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents including 1580000 for companys occupancy of
its own buildings
Advertising 1008156 printing and stationery 25
95153 total s
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 Federal corporation
tax 312580 municipal licenses and taxes 1279852
Other disbursements Remitted to home office
Agents balances charged off
Guoss loss on sale or maturity of ledger assets viz
Real estate 3584127 Bonds 157500 total
Gross decrease by adjustment in book value of ledger
assets viz Weal estate
1456217 98
39672 41
627286 53
3698 90
89640 88
154608 60
26017 40
36033 09
17272 91
1008 70
2749 12
8066 12
53147 66
21323 79
16588 61
8721 70
5163 04
53534 14
15846 07
15924 32
276849 11
485 55
37416 27
3371 48
41 Total disbursements 2970644 38
IVLedger Assets
1 Hook value of real estate 178175 04
2 Mortgage loans on real estate 25000 00
16
17
18
24
25
28
30
34
38
41
CompteollebGeneeals Report 427
Book value of bonds 314627250 and
stocks 31243727 total 3458709 77
Cash in companys office 926 18
Deposits in trust companies and banks on
interest 427282 09
Agents balances representing business
written subsequent to Oct 1 1912 474208 27
Agents balances representing business
written prior to Oct 1 1912 2707 64
Total ledger assets 4567522 08
NonLedger Assets
Interest accrued on mortgages 208 33
Interest accrued on bonds 43213 68
Total 43422 01
Market value of real estate over book value 38074 96
Uncollected reinsurance on paid losses 26434 78
Gross assets 4675453 S3
Deduct Assets Not Admitted
Agents balances representing business
written prior to Oct 1 1912 2707 64
Book value of ledger assets over market
value viz Bonds and stocks 49759 05
52466 69
Total admitted assets 4622987 14
VLiabilities
Gross losses adjusted and unpaid due
8467400 not yet due 2239000 107064 00
Gross claims for losses in process of ad
justment or in suspense plus 401500
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 245049 00
Gross claims for losses resisted 17741 00
Total 369854 00
Deduct reinsurance due or accrued 53788 00428
ComptrollebGenebais Report
6 Net amount of unpaid losses and claims 316066 00
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1934
34708 unearned premiums fifty per
cent 967173 54
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks Tunning more than one year
from date of policy 364600046 un
earned premiums pro rata 1950763 89
11 Total unearned premiums as computed above 2917937 43
18 Salaries rents expenses bills accounts fees etc due
or accrued
19 Estimated amounts 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 be
come due to agents and brokers
21 Return premiums 2250 reinsurance premiums 50
34730
7243 14
67554 98
18588 16
52597 30
26 Total amount of all liabilities except capital 3379987 01
29 Surplus as regards policyholders 1243000 13
30 Total liabilities 4622987 14
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
year a statement 568281237 00 5936038 71
2 Written or renewed during the year 392078904 00 4276809 33
4 Total960360141 00 10212848 04
5 Deduct those expired and marked off as
terminated 362587393 00 3925689 16
6 In force at the end of the year597772IS 00 6287158 88
7 Deduct amount reinsured schedule re
quired 67268718 00 706811 34
8 Net amount in force530504030 5580347 54

ComptrollerGenerals Report 429
Business in the State of Georgia During the Year
28 Gross risks written 3539385 00
Less 86505200 risks cancelled and 48744600 reinsur
ance in companies authorized in Georgia 1352498 00
Net risks written 2186887 00
29 Gross premiums on risks written 57897 73
Less 833284 return premiums and 235194 premiums
for reinsurance in companies authorized in Georgia 10684 76
Net premiums received 47212 97
30 Losses paid deducting salvage 34665 10
Less losses on risks reinsured in companies authorized in
Georgia 1869 40
Net losses paid 32795 70
31 Losses incurred 28219 98
Less losses on risks reinsured in companies authorized in
Georgia I8v0 40
Net losses incurred 26349 58

UNITED STATES BRANCH OF THE THAMES MERSEY MARINE
INSURANCE CO LTD OF GREAT BRITAIN AND IRELAND

H K Fowler United States Manager
Head Office in United States 8292 Beaver St New York N Y
A L Farie Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of leger assets as per balance
December 31 of previous year 911623 63
3 Extended at 911623 63
IIIncome
1 Gross premiums written and renewed dur
ing the year marine 1507278 56
2 Deduct reinsurance marine 69947839
return premiums on policies cancelled
marine 7783506 total 777313 45430
ComptrollebGenebal s Eepoet
3 Total Premiums 729965 11
24 Gross interest on bonds and dividends on
stocks less 14167 accrued interest on
bonds acquired during 1912 24066 67
26 Gross interest from all other sources viz
Bills receivable 13 60
30 Total gross interest and rents 24080 26
31 From other sources From and for account of home office 470466 95
39 Total income 1224512 32
IIIDisbursements
1 Gross amount paid for losses marine 299225 51
2 Deduct reinsurance marine 14292515
salvage marine 3793942 total 180864 57
3 Net amount paid policyholders for losses
17 Investigation and adjustment of claims marine
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following Marine
28 Salaries fees and all other compensation of officers
direcors 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 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
38 Federal corporation tax
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Other disbursements Underwriters Boards and Tariff
Associations 112312 miscellaneous expenses 1
44759 to and for account of home office 617765 25
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
Stocks
56 Total disbursements
418360 94
1250 45
83384 60
27460 30
5738 50
834 07
3685 52
23393 41
1897 32
497 77
403 63
151 38
4710 13
2721 31
889 94
620335 96
2808 19
1000 00
1199523 42
IVLedger Assets
and
4 Book value of bonds 403420 50
stocks 25831300 total
661733 5025
30
32
43
49
51
56
23
24
ComptrollerGenerals Report 431
Cash in companys office 2 70
Deposits in trust companies and banks not
on interest 12511 58
Premiums incourse of collection viz
On policies or renewals issued on or
after Oct 1 1912 marine 250267 19
On policies or renewals issued prior to
Oct 1 1912 marine 8225 69
Bills receivable 3871 87
Ledger assets 936612 53
NonLedger Assets
Interest on bonds 3318 75
Gross assets 939931 28
Deduct Assets Not Admitted
Premiums in course of collection written
prior to Oct 1 1912 8225 69
Book value of ledger assets over market
value 78183 50
86409 19
Total assets 853522 09
VLiabilities
Losses and claims adjusted marine 28060000
Deduct reinsurance marine 9844300
Total losses and claims 182157 00
Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
risks running one year or less from
date of policy 14164644 unearned
premiums fifty per cent 70823 22
Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 3745900
unearned premiums pro rata 100 37459 00
Total unearned premiums 108282 22
Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1912 Marine 987 91
432
ComptkollerGenebal s Report
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
41 Total amount of all liabilities except capital i
47 Capital actually paid up in cash 200000 00
48 Surplus over all liabilities 182821 81
49 Surplus as regards polieyholders
50 Total liabilities
5000 00
17500 00
9833 77
146939 38
470700 28
382821 81
853522 09
IVRisks and Premiums
22 In force December 31 1911 253284 70
23 Written or renewed during the year 1507278 58
24 Total 1700503 32
25 Deduct expirations and cancellations 1496017 66
26 In force at the end of the year
27 Deduct amount reinsured

264545 66
85440 22
28 Net premiums in force
179105 44
Business in the State of Georgia During the Year
1 Gross premiums less return premiums on risks written or
renewed during the year marine
2 Gross losses paid marine
17287 77
4403 29
UNION MARINE INSURANCE CO LTD OF LIVERPOOL ENGLAND
F Herrmann Co United States Managers
Carleton Y Smith Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of legeT assets as per balance
December 31 of previous year 776057 23
4 Extended at 967057 23ComptbollerGenebals Repobt
IIIncome
5 Gross premiums 2090381 34
6 Deduct gross amount paid for reinsurance
marine and inland 98908308 return
premiums marine and inland 185
17028 total 1174253 36
433
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust com
panies and banks
17 Total gross interest and rents
916127 98
21402 50
1176 20

18 From other sources Received from home office
25 From agents balances previously charged off
3 Net amount paid pojicyholders for losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Expenses of special and general agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
10 Advertising 20147 printing and stationery 741138
11 Postage telegrams telephone and express
12 Legal expenses
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes On property basis
32 Remitted to home office
22578 70
37041 65
812 94
28 Total income 976561 27
IIIDisbursements
1 Gross amount paid policyholders for losses
including 10371420 occurring in pre
vious years 1205462 15
2 Deduct amount received for salvage ma
rine and inland 9943841 reinsurance
marine and inland 56021148 659649 89
545812 26
154288 45
3165 29
6556 42
4968 71
7612 85
2424 37
1129 13
2744 04
73 87
731 t3
23457 71
5032 25
722 50
98590 20
41 Total disbursements 857359 98434 ComptrollerGenebals Report
IVLedger Assets
4 Book value of bonds 571956 97
5 Cash in companys office 2031 34
7 Deposits in trust companies and banks on
interest 3706S 09
8 Agents balances representing business
written subsequent to Oct 1 1912 266147 71
9 Agents balances representing business
written prior to Oct 1 1912 13614 16
10 Bills receivable taken for marine and
inland risks 3994 90
12 Other ledger assets viz Cash deposit in
Mass 445 35
16 Total ledger assets 895258 o2
NonLedger Assets
18 Interest accrued on bonds 5920 00
30 Gross assets 90117S 52
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 13614 16
38 Book value of ledger assets over market
value 29221 9i
41 Total admitted assets 858342 39
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense 274147 62
3 Gross claims for losses resisted 32012 9
4 Total 306160 61
5 Deduct reinsurance due or accrued 13026 58
6 Net amount of unpaid losses and claims 175893 03
8 Gross premiums less reinsurance receiv
ed and receivable upon all uuexpired
long term risks running more than one
year from date of policy 107382
unearned premiums pro rata 230 97
9 Gross premiums less reinsurance cash1
ComptrollerGenerals Report 435
and bills received and receivable upon
all unexpired yearly hull and cargo
risks 29041401 unearned premiums
fifty per cent 145207 00
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 2233973
unearned premiums 100 per cent 22339 73
11 Total unearned premiums as computed above 167777 70
18 Salaries rents expenses bills accounts fees etc due
or accrued 500 00
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 20 000 00
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 10402 27
21 Reinsurance premiums 104253 76
26 Total amount of all liabilities except capital 478826 76
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 179515 63
29 Surplus as regards policyholders 379515 63
30 Total liabilities 858342 39
Business in the State of Georgia During the Year
28 Gross risks written 903155 00
Less 23117500 risks cancelled and 11654200 reinsur
ance in companies authorized in Georgia 347717 00
Net risks written 555438 00
29 Gross premiums on risks written 16958 71
Less 617648 return premiums and 241942 prem
iums for reinsurance in companies authorized in Ga 8595 90
Net premiums received 8362 81
30 Losses paid dedncting salvage 15563 47
Less losses on risks reinsured in companies authorized in
Georgia 5467 13
Net losses paid 10096 34
31 Losses incurred 15563 47
Less losses on risks reinsured in companies authorized in
Georgia 5467 13
Net losses incurred 10096 34436
ComptrolleeGeneeals Eepoet
UNITED FIREMANS FIRE INSURANCE COMPANY
Robert B Beath President Henry A Knabe Secretary
Robert N Hughs Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 400000 00
2 Amount of leger assets as per balance
December 31 of previousyear 1795467 91
Extended at 1795407 91
IIIncome
5 Gross premiums 543967 08
6 Deduct gross amount paid for reinsurance
fire 6084435 return premiums fire
9579568 156640 03
7 Total premiums other than perpetual
8 Deposit premiums written on perpetual
risks gross
9 Gross interest on mortgage loans
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks less 57911 accrued interest on
bonds acquired during 1912
12 Gross interest on deposits in trust com
anies and banks
16 Gross rents from companys property

11497 45
11262 02
702 90
61674 07
734 27
238 35
17 Total gross interest and rents
18 From other sources For approving transfers on perp
policies
20 Kecd from profit and loss bonus on Kentucky Securities
Corp of Va
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Bonds
387327 05
28 Total income
74611 61
908 00
1710 00
97
305 00
476360 08
IIIDisbursements
1 Gross amount paid policyholders for losses
including 3285209 occurring in pre
vious years 227438 36
ComptrollerGeneral s Report
437

2 Deduct amount received for salvage fire
295201 reinsurance fire 2253812
discount fire 30114 total
25791 27
10
11
12
13
14
15
16
17
18
19
20
21
22
23
25
26
33
34
38
39
Net amount paid policyholders for losses 201647 09
Expenses of adjustment and settlement of losses 3831 20
Commissions or brokerage 106078 93
Allowances to local agencies for miscellaneous agency
expenses 1567 74
Salaries fees and all other charges of officers directors
trustees and home office employees 28969 02
Advertising 159532 printing and stationery 259667 4191 99
Postage telegrams telephone and express 1374 70
Legal expenses 973 85
Furniture and fixtures 51 25
Maps including corrections 2128 28
Underwriters Boards and Tariff Associations 4343 13
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 3733 53
Inspections and surveys 144 76
Repairs and expenses other than taxes on real estate 1528 09
Taxes on real estate 1450 28
State taxes on premiums 3821 43
Insurance department licenses and fees 2078 56
All other licenses fees and taxes Federal corporation
tax 940 34
Capital tax 1116 34
Local tax 727 17
Other disbursements Perpetual reinsurance 739 05
Traveling expenses 2217 95
General expenses 2302 03
Deposit premiums returned 29526 09
Paid stockholders foT interest or dividends amount de
clared during the year 32000 00
Agents balances charged off 120 45
Gross loss on sale or maturity of ledger assets viz
Real estate 4572 12
4 Total disbursements 442175 37
IVLedger Assets
1 Book value of real estate 96359 80
2 Mortgage loans on real estate 183820 00
3 Loans secured by pledge on bonds stocks
or other collateral 10800 00
4 Book value of bonds 128155900 and
stocks 12242100 total 1403980 00438 ComptrollerGexeeals Eeport
5 Cash in companys office 400 53
7 Deposits in trust companies and banks on
interest 68977 53
8 Agents balances representing business
written subsequent to Oct 1 1912 65265 05
9 Agents balances representing business
written prior to Oct 1 1912 49 71
16 Total ledger assets 1829652 62
NonLedger Assets
17 Interest due 5600 and accrued 238146
on mortgages 2437 46
18 Interest accrued on bonds 19403 21
19 Interest accrued on collateral loans 47 29
20 Interest accrued on other assets Banks 104 99
30 Gross assets 1851645 57
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 49 71
38 Book value of ledger assets over market
value Real estate 14859 80
40 Bonds and Stocks 35090 50
41 Total admitted assets 1801645 56
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 18908 08
2 Gross claims for losses in process of ad
justment or in suspense plus 639273
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 29667 88
3 Gross claims for losses resisted 300 00
4 Total 48875 96
5 Deduct reinsurance due or accrued 9053 32
6 Net amount of unpaid losses and claims 39822 64
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less fromComptrollerGenerals Eeport 439
date of policy including interest prem
iums on perpetual fire risks 258
30689 unearned premiums fifty per
cent 129jl53 45
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 31774299 un
earned premiums pro rata 194008 70
11 Total unearned premiums as computed above 323162 15
12 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the
premium or deposit received 838552 03
18 Salaries rents expenses bills accounts fees etc due
or accrued 464 00
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 6500 00
21 Eeinsurance premiums 5411 47
26 Total amount of all liabilities except capital 1213912 29
27 Capital actually paid up in cash 400000 00
28 Surplus over all liabilities 187733 27
29 Surplus as regards policyholders 587733 27
30 Total liabilities 1801645 56
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 58223816 00 556876 50
2 Written or renewed during the year 47528767 00 543967 08
4 Total 105752583 00 1100843 58
5 Deduct those expired and marked off as
terminated 38801520 00 428450 13
6 In force at the end of the year 66951063 00 672393 45
7 Deduct reinsurance schedule required 7819618 00 96343 57
8 Net amount in force 59131445 00 576049 88
9 Perpetual risks not included above 4099942400 de
posit premiums on same 929386 63440 ComptbolleeGeneeals Report
Business in the State of Georgia During the Year
28 Gross risks written 974485 00
Less 196074 risks cancelled and 156045 reinsurance
in companies authorized in Georgia 352119 00
Net risks written 622366 00
29 Gross premiums on risks written 15663 77
Less 245554 return premiums and 243247 premiums
for reinsurance in companies authorized in Georgia 4888 01
Xet premiums received 10775 76
30 Losses paid deducting salvage 5319 90
Less losses on risks reinsured in companies authorized in
Georgia 1500 00
Net losses paid 3819 90
31 Losses incurred 5359 96
Less losses on risks reinsured in companies authorized in
Georgia 1500 00
Net losses incurred 3859 96
UNITED STATES FIRE INSURANCE COMPANY
Charles A Xorris President Otto B Candadus Secretary
G A Howell Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 400000 00
Amount of ledger assets as per balance
December 31 of previous year 1087124 83
4 Extended at 1087124 83
IIIncome
5 Gross premiums 928065 37
6 Deduct gross amount paid for itinsurance
fire 17786096 return premiums fire
17014435 total 348005 31
7 Total premiums other than perpetual
9 Gross interest on mortgage loans
1792 84
580060 06
ComptrollerGeneral s Report
441
11 Gross interest on bonds and dividends on
stocks less 1750 accrued interest on
bonds acquired during 1912 41676 13
12 Gross interest on deposits in trust com
panies and banks 453 52
17 Total gross interest and rents s
26 Gross profit on sale or maturity of ledger assets viz
Bonds
Stocks
28 Total income 626133 55
43922 49
242 50
1908 50
IIIDisbursements
1 Gross amount paid policyholders for losses
including 5903072 occurring in pre
vious years 342674 86
2 Deduct amount received for salvage fire
958112 reinsurance fire 6102783 70608 95
3 Net amount paid policyholders for losses 272065 91
4 Expenses of adjustment and settlement of losses 6272 62
5 Commissions or brokerage 203014 92
8 Salaries fees and all other charges of officers directors
trustees and home office employees 18216 52
9 Eents 2700 00
10 Advertising 52105 printing and stationery 277168 3292 73
11 Postage telegrams telephone and express 2351 95
12 Legal expenses 1007 71
15 Underwriters Boards and Tariff Associations 5053 01
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 1627 70
17 Inspections and surveys 550 56
20 State taxes on premiums 5151 19
21 Insurance department licenses and fees 3784 97
22 All other licenses fees and taxes 2247 49
23 Other disbursements Sundry expenses 30545 premiums
surety bond 25000 total 555 45
34 Paid stockholders for interest or dividends amount de
clared during the year 28000 00
39 Gross loss on sale or maturity of ledger assets viz
Bonds 247 50
40 Gross decrease by adjustment in book vaule of ledger
assets viz Stocks 101 80
41 Total disbursements
556242 03442 ComptrollerGenerals Eepoet
IVLedger Assets
2 Mortgage loans on real estate 51000 00
4 Book value of bonds 42075190 and
stocks 503714 85 924466 75
5 Cash in companys office 297 53
6 Deposits in trust companies and banks not
on interest 10 00
7 Deposits in trust companies and banks on
interest 52224 13
8 Agents balances representing business
written subsequent to Oct 1 1912 129017 94
16 Total ledger assets 1157016 35
NonLedger Assets
17 Interest accrued on mortgages 777 92
18 Interest accrued on bonds 3066 21
21 Mchts Exchange Nat Bank deposit 33 88
24 Total 3878 01
30 Gross assets 160894 36
Deduct Assets Not Admitted
38 Book value of ledger assets over market
value 50466 75
41 Total admitted assets 1110427 61
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 7879 05
2 Gross claims for losses in process of ad
justment or in suspense plus 750000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 36886 95
3 Gross claims for losses resisted 1000 00
4 Total 45766 00
5 Deduct reinsurance due or accrued 3539 62
6 Net amount of unpaid losses and claims 42226 38
7 Gross premiums less reinsurance receivComptrollerGenerals Report 443
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 425
68957 unearned premiums fifty per
cent 212744 79
8 Gross premiums Jless reinsurance receiv
ed and receivable upon all unexpired
fire risks Tunning more than one year
from date of policy 26699108 un
earned premiums pro rata 157424 39
11 Total unearned premiums as computed above 370229 18
18 Salaries rents expenses bills accounts fees etc due
or accrued 500 00
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 7000 00
30 Total liabilities 419955 56
Business in the State of Georgia During the Year
28 Gross risks written 1012716 00
Less 14590500 risks cancelled and 9635500 reinsur
ance in companies authorized in Georgia 242260 00
Net risks written 770456 00
29 Gross premiums on risks written 11570 48
Less 154483 return premiums and 96380 premiums
for reinsurance in companies authorized in Georgia 2508 63
Net premiums received 9061 85
30 Net losses paid 570 57
31 Net losses incurred 706 89
SUBSCRIBERS AT UNITED STATES LLOYDS NEW YORK N Y
A Foster Higgins Herbert Appleton Douglas F Cox Attorneys for
Subscribers under the firm name of Higgins Cox
Principal Office 3 South William St New York N Y
A L Brooks Attorney for Service in Georgia
ICapital Stock
1 Amount of Original deposit
paid up in cash
100000 00444
ComptrollerGeneral s Eeport
2 Amount of ledger assets as per balance
December 31 of previous year 1750757 55
IIIncome
5 Gross premiums 3272676 34
6 Deduct gross amount paid for reinsurance
marine and inland 1120190 52
return premiums marine and inland
37157740 total 1591767 92
7 Total premiums other than perpetual 1680908 42
11 Gross interest on bonds and dividends on
stocks less 30685 accrued interest on
bonds acquired during 1912 31080 65
12 Gross interest on deposits in trust com
panies and banks 5995 88
13 Gross interest from all other sources 1496 22
17 Total gross interest and rents
18 From other sources Exchange
38572 75
1425 10
28 Total income 720906 27
IIIDisbursements
1 Gross amount paid polieyholders for losses
including 38460910 occurring in pre
vious years 2139872 08
2 Deduct amount received for salvage ma
rine and inland 15750565 reinsur
ance marine and inland 91638693 1073892 58
Net amount paid polieyholders for losses 1065980 50
4 Expenses of adjustment and settlement of losses 28899 89
5 Commissions or brokerage 389743 24
6 Allowances to local agencies for miscellaneous agency
expenses 9366 76
8 Salaries fees and all other charges of officers directors
trustees and home office employees 125432 07
9 Bents 10977 34
10 Advertising 76838 printing and stationery 1124262 12011 00
11 Postage telegrams telephone and express 5080 11
12 Legal expenses 3911 17
13 Furniture and fixtures 1324 65
15 Underwriters Hoards and Tariff Associations 1690 00
16 Fire department fire patrol and salvage corps assess
ments fees taxes and express 1126 63
ComptkollerGenerals Report 445
17 Inspections and surveys 558 43
20 State taxes on premiums 26602 87
21 Insurance department licenses and fees 4472 13
23 Other disbursements Miscellaneous office expenses 10114 89
34 Paid subscribers for interest or dividends amount dec
lared during the year 50000 00
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 11050 29
41 Total disbursements 1758341 96
IVLedger Assets
4 Book value of bonds 916475 00
5 Cash in companys office 2100 47
6 Deposits in trust companies and banks not
on interest 45984 15
7 Deposits in trust companies and banks on
interest 211784 93
8 Agents balances representing business
written subsequent to Oct 1 1912 465716 92
9 Agents balances representing business
written prior to Oct 1 3912 43367 64
12 Other ledger assets viz Cash with Morgan
Grenfeld Co London on interest 26928 97
14 Broadrick Leiteh Kendell Liverpool
not on interest 963 78
16 Total ledger assets 1713321 86
NonLedger Assets
18 Interest accrued on bonds 11403 33
24 Total H403 33
26 Market value not including interest in item 18 of bonds
and stocks over book value 875 00
30 Gross assets 1725600 19
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 43367 64
43367 64
41 Total admitted assets 1682232 55446
ComptrollerGenerals Report
VLiabilities
Gross claims for losses in process of ad
justment or in suspense plus 650000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date
Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 4125 un
earned premiums fifty per cent
9 Gross premiums less reinsurance cash
and bills received and receivable
upon all unexpired inland navigation
risks 37595223 unearned premiums
pro rata
10 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine risks 2475493
unearned premiums 100 per cent
45525052 at 50 per cent
722300 00
16405 00
738705 00
377257 82
361447 18
20 63
176985 89
24754 93
227625 24
11 Total unearned premiums as computed above
18 Salaries rents expenses bills accounts fees etc due
or accrued
19 Estimated amounts 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 be
come due to agents and brokers
21 Return premiums 2416104 reinsurance premiums 251
71119 total
429386 69
1000 00
20000 00
32487 80
278872 23
26 Total amount of all liabilities except capital 1123193 90
27 Original deposit actually paid up in cash 100000 00
28 Surplus over all liabilities 459038 65
29 Surplus as regards policyholders
30 Total liabilities
559038 65
1682232 56ComptrollerGenerals Report 447
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 93046599 00 867140 65
2 Written or renewed during the year 643649755 00 3272635 09
4 Total 736696354 00 4139775 74
5 Deduct those expired and marked off as
terminated 664818473 00 2653251 00
6 In force at the end of the year 71877881 00 1486524 74
7 Deduct reinsurance schedule required 35141347 00 630567 06
8 Net amount in force 36736534 00 855957 68
Business in the State of Georgia During the Year
28 Gross risks written 8270043 00
Less 2033700 risks cancelled and 281433000 reinsur
ance in companies authorized in Georgia 2834667 00
Net risks written 5435376 00
29 Gross premiums on risks written 20686 86
Less 131471 return premiums and 1194450 premiums
for reinsurance in companies authorized in Georgia 13259 21
Net premiums received 7427 65
30 Losses paid deducting salvage 130054 22
Less losses on risks reinsured in companies authorized in
Georgia 70109 50
Net losses paid 59944 72
31 Losses incurred 114253 74
Less losses on risks reinsured in companies authorized in
Georgia 69013 78
Net losses incurred 45239 96
448
COMPTROLLERGrENERAL s REPORT
UNION FIRE INSURANCE COMPANY OF PARIS FRANCE
Starkweather Shepley Inc United States Managers
Office of United States Manager 17 Custom House Street Providence K I
Win A Wright Attorney for Service in Georgia
IDeposit Capital
2 Amount of ledger assets as per balance
December 31 of previous year 828135 16
IIIncome
6 Gross premiums 587121 17
7 Deduct gross amount paid for reinsurance
fire 11213648 return premiums fire
12400310 total 236139 58
8 Total premiums other than perpetual
12 Gross interest on bonds and dividends on
stocks 27329 90
13 Gross interest on deposits in trust com
panies and banks 1855 41
18 Total gross interest and rents
30 Total income
IIIDisbursements
350981 59
29185 31
380166 90
1 Gross amount paid policykolders for losses
including 2479489 occurring in pre
vious years
2 Deduct amount received for salvage fire
559901 reinsurance fire 6028311
discount fire 38090 total
260387 05
66263 02
3 Net amount paid polieyholdars for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
8 Salaries fees and all other charges of officers directors
trustees and home office employees
10 Advertising 31501 Printing and stationery 500
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
20 State taxes on premiums
194124 03
B25 5
109801 42
300 00
320 01
2S85 42
2410 58
5815 40ComptrollerGenerals Eeport
21 Insurance department licenses and fees
22 All otter licenses fees and taxes Federal corporation
tax 32605 city taxes and licenses 173914
23 Other disbursements Surety bonds 16591 remittance
to home office 140875 total
39 Total disbursements
449
2675 57
2065 19
1574 66
324224 89
IVLedger Assets
Book value of bonds 628280 00
Deposits in trust companies and banks on
interest 100493 33
Agents balances representing business
written subsequent to Oct 1 1912 95303 84
16 Total ledger assets 884077 17
NonLedger Assets
18 Interest on bonds
24 Total
30 Gross assets
8609 96
8609 96
892687 13
Deduct Assets Not Admitted
Book value of ledger assets over market
value i
6458 40
41 Total admitted assets 886228 73
VLiabilities
Gross losses adjusted and unpaid not yet
due
Gross claims for losses in process of ad
justment or in suspense plus 80851
reserve for losses incurred prior to Dec
of which no notice had been received
on that date
Gross claims for losses resisted
4826 66
21289 69
3350 00
Total 29466 35
Deduct reinsurance due or accrued 2517 48
6 Net amount of unpaid losses and claims 26948 87450 ComptrollerGexerals Report
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 26521599
unearned premiums fifty per cent 132607 99
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
lire risks running more than one year
from date of policy 17741213 un
earned premiums pro rata 120082 52
11 Total unearned premiums a scomputed above 252690 51
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 7200 00
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 31450 27
24 Total amount of all liabilities except deposit capital 318289 65
26 Surplus over all liabilities 567939 08
27 Surplus as regards policyholders 567939 08
28 Total liabilities 886228 73
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 41195409 00 376799 75
2 Written or renewed during the year 58443559 00 587121 17
4 Total 99638968 00 963920 92
5 Deduct those expired and marked off as
terminated 39863584 00 409787 78
6 In force at the end of the year 59775384 00 554133 14
7 Deduct amount reinsured schedule re
quired 10045154 00 111505 02
8 Net amount in force 49730230 00 442628 12ComptrollerGeneral s Report
451
VIRGINIA STATE FIRE INSURANCE COMPANY OF RICHMOND VA
Geo L Christian President A H Harris Secretary
A L Richardson 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 418684 49
4 Extended at 418684 49
IIIncome
435366 05
5 Gross premiums
6 Deduct gross amount paid for reinsurance
fire 9897832 return premiums fire
8374937 total
182727 69
7 Total premiums other than perpetual
9 Gross interest on mortgage loans less
12103 accrued interest on mortgage
acquired during 1912
10 Gross interest on collateral loans
11 Gross interest on bonds and dividends on
stocks
12 Gross interest on deposits in trust com
panies and banks
16 Gross rents from companys propertyj in
cluding 272659 for companys occu
pancy of its own buildings
252638 36
2376 53
31 50
18087 55
520 73
9650 14
17 Total gross interest and rents 30666 45
18 From other sources Profit and loss suspended debts
6736 insurance companies 975 old outstanding
checks credited 4536 122 47
24 Increase in liabilities during the year on account of re
insurance treaties 258 84
26 Gross profit on sale or maturity of ledger assets viz
Bonds 2070 93
28 Total income 285757 05
IIIDisbursements
1 Gross amount paid policyholders for losses
including 41591 19 occurring in pre
vious years 226726 90452
ComptbolleeGenebals Eepobt
2 Deduct amount received for salvage fire
16165 reinsurance fire 5519712
55358 77
10
11
12
13
14
15
16
17
18
19
20
21
22
23
38
39
Net amount paid polieyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 588272 and expenses 537447 of special and
general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Bents including 272659 for companys occupancy of
its own buildings
Advertising 152479 printing and stationery 3
48152 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
Bepairs 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 Municipal licenses and
tax on premiums 272302 tax on personal prop
erty 8411 total
Other disbursements Traveling expenses general 89382
miscellaneous expenses 178059 profit and loss bills
receivable 15510 profit and loss mortgage loans
1440 total
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Bonds
171368 13
3901 09
50250 63
11257 19
14497 13
2726 59
5006 31
2619 15
122 75
137 75
194 00
2387 82
198 13
169 20
1264 15
1472 35
3933 11
2751 92
2807 13
2843 91
1536 14
3952 27
41 Total disbursements 288396 85
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds 9029553 and
stocks 6972014
5 Cash in companys office
96767 38
46444 18
9000 00
160015 67
16646 14ComptrollerGeneral s Report
7 Deposits in trust companies and banks on
interest 20150 02
8 Agents balances representing business
written subsequent to Oct 1 1912 62332 86
9 Agents balances representing business
written prior to Oct 1 1912 87 50
11 Bills receivable taken for fire risks 2838 67
12 Other ledger assets viz Open accounts 1484 40
13 Suspended debts 277 87
16 Total ledger assets
NonLedger Assets
17 Interest due 10686 and accrued 55624
on mortgages 663 10
IS Interest accrued on bonds 1266 66
20 Interest accrued on other assets Divi
dends declared on stock 2293 00
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
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 8750
35 Bills receivable past due taken for ma
rine inland and fire risks 1559 03
38 Book value of ledger assets over market
value viz Suspended debts 277 87
41 Total admitted assets
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 16575 20
2 Gross claims for losses in process of ad
justment or in suspense plus 184636
reserve for losses incurred prior to Dec
453
416044 69
4222 76
38482 62
75800 33
534550 40
1924 40
532626 00454 ComptrollerGenekals Report
31 of which no notice had been received
on that date 20800 44
3 Gross claims for losses resisted 10506 83
4 Total 47882 47
5 Deduct reinsurance due or accrued 3428 61
6 Net amount of unpaid losses and claims 41453 86
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 172
80937 unearned premiums fifty per
cent 86404 69
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 26181647 un
earned premiums pro rata 143 i 74 93
11 Total unearned premiums as computed above 230179 62
19 Kstimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 5000 00
21 Reinsurance premiums 3447 oi
26 Total amount of all liabilities except capital 280081 35
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 52544
29 Surplus as regards policyholders 252544 65
30 Total liabilities 532626 00
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 5 under this heading in last
years statement 33044628 00 602904 92
2 Written or renewed during the year 25605961 00 435366 05
4 Tota 58650589 00 1038270 97
5 Deduct those expired and marked off as
terminated 28401326 00 506870 86

ComptrollerGenerals Report 455
6 In force at the end of the year 30249263 00 531400 11
7 Deduct reinsurance schedule required 5080025 00 96774 27
8 Net amount in force 25169238 00 434625 84
Business in the State of Georgia During the Year
28 Gross risks written 953289 00
Less 19522500 risks cancelled and 17229400 reinsur
ance in companies authorized in Georgia 367519 00
Net risks written 585770 00
29 Gross premiums on risks written 18836 58
Less 327056 return premiums and 356108 premiums
for reinsurance in companies authorized in Georgia 6831 64
Net premiums received 12004 94
30 Losses paid deducting salvage 15 144 64
Less losses on risks reinsured in companies authorized in
Georgia 2972 31
Net losses paid 12172 33
31 Losses incurred 14520 68
Less losses on risks reinsured in companies authorized in
Georgia 3013 29
Net losses incurred 11507 39
WESTERN ATLANTIC FIRE INSURANCE COMPANY OF
NASHVILLE TENNESSEE
G S Parkes President J W Handly Secretary
ICapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets Xas per balance
December 31 of previous year 342064 04
4 Extended at 342064 04
IIIncome
5 Gross premiums 95591 17
6 Deduct gross amount paid for reinsurance456
ComptbolleeGenebal s Bepobt
fire 812645 return premiums
08924 total
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 4375 accrued interest on
bonds acquired during 1912
12 Gross interest on deposit in trust com
panies and banks
13 Gross interest from all other sources viz
Bills receivable
16 Gross rents from companys property in
cluding 153000 for companys occu
pancy of its own buildings
17 Total gross interest and rents
18 From other sources Borrowed money
20 Stock surplus account
21 Reinsurance premiums
22 Bond account
31215 69
64375 48
1377 68
4931 83
519 58
8 62
22191 02
29585 98
2700 00
9168 00
34 61
450 00
28 Total income 106314 07
IIIDisbursements
GrosS amount paid policyholders for losses
including 384565 occurring iu pre
vious years 33789 67
Deduct amount received for salvage fire
155304 reinsurance fire 221437 3767 41
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement for losses
5 Commissions or brokerage
6 Allowances to local agencies for miscellaneous agency
expenses
7 Salaries 225000 and expenses 181551 of special and
general agents
8 Salaries fees and all other charges of Officers directors
trustees and home office employees
9 Rents
10 Advertising 153022 printing and stationery 31681
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture ami fixtures
14 Maps including corrections
30022 26
719 61
16313 18
759 21
4065 51
13494 00
1530 00
1847 03
539 12
1036 20
834 82
238 00ComptbollebGeneeal s Report
15 Underwriters Boards and Tariff Associations
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
17 Inspections and surveys
18 Repairs and expenses other than taxes on real estate
19 Taxes on capital stock
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Taxes on personalty
23 Other disbursements
24 Exchange 22165 directors meetings 4990
25 Home officers traveling expenses 95379 general ex
penses 87311
26 Earned premiums on real estate policy
27 Agents balances charged off
28 T F Cobb 5000 Campbell Perkins 25000
29 C T Johnson 4000 Brandon Ptg Co 29564
30 Coml Bank Trust Co
41 Total disbursements
IVLedger Assets
1 Book value of real estate3
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds 7513387 and
stocks 1304000
5 Gash in companys office
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to Oct 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
12 Other ledger assets viz Underwriters
Fund
13 Unearned premiums on real estate policy
14 Bills receivable
158199 16
20058 95
25350 98
88173 87
368 00
11799 50
23900 00
14222 96
116 99
200 00
719 61
1000 00
NonLedger Assets
457
412 48
426 50
256 96
17728 51
5148 10
466 78
2969 13
481 79
271 55
1826 90
239 86
343 24
300 00
335 64
1661 71
104268 09
16 Total ledger assets 344 ijq q
17 Interest on mortgages
18 Interest on bonds
2496 13
378 00458
ComptrolleeGeneeals Bepoet
2704 58
2686 68
5167 88
19 Interest on collateral loans
20 Interest on other assets 2390000 cert
of Deposit
23 Eents due 229143 and accrued 287645
on companys property or lease
24 Total 13433 27
27 Other nonledger assets viz Judgment for attys fees
and costs in Coml Bank and Trust Co suit 3800 00
30 Gross assets 361343 29
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912t
38 Book value of ledger assets over market
value viz Bills receivable
116 99
1000 00
41 Total admitted assets 360226 30
VLiabilities
1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of ad
justment or in suspense
3 Gross claims for losses resisted
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy
2162 46
7185 90
1000 00
4 Total 10348 36
5 Deduct reinsurance due or accrued 1249 00
24624 71
18425 02
11 Total unearned premiums as computed above
19 Estimated amounts hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
9099 36
43049 73
1200 00459
ComptrollerGenerals Report
20 Commissions brokerage and other charges due or to be
come due to agents and brokers
21 Reinsurance premiums
22 Due and to become due for borrowed money
23 All other liabilities viz Furniture fixtures etc
24 Balance on Bond
26 Total amount of all liabilities except capital 57363 84
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 102862 46
119 87
164 52
2700 00
580 36
450 00
29 Surplus as regards policyholders
30 Total liabilities
VIBisks and Premiums
302862 46
360226 30
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 3013263 00 45854 28
2 Written or renewed during the year 7035218 S3 95591 17
4 Total 10048481 83
5 Deduct those expired and marked off as
terminated 3713969 73
141445 45
53565 54
6 In force at the end of the year 633453 2 10 87879 94
7 Deduct reinsurance schedule required 851891 71 12714 59
8 Net amount in force 5482620 39 75165 35
Business in the State of Georgia During the Year
68125 00
8800 00
28 Gross risks written
Less 830000 risks cancelled and 50000 reinsurance in
companies authorized in Georgia
Net risks written 59325 00
29 Gross premiums on risks written 1077 32
Less 19075 return premiums and 1000 premiums for
reinsurance in companies authorized in Georgia 200 75
Net premiums received
876 57460
omptrollerGenerals Report
WESTERN ASSURANCE COMPANY OF TORONTO CANADA
W B Meikle General Manager C C Poster Secretary
C H Godfrey Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 207000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2400486 89
IIIncome
Fire Marine and Inland
5 Gross premiums2282493 16 393749 00
6 Deduct gross amount paid
for reinsurance fire
59596247 marine and
inland 13476403 re
turn premiums fire
36041855 marine and
inland 2146049 956381 02 156224 52
7 Total premiums other
than perpetual 1326112 14 237524 48 1563636 62
9 Gross interest on mortgage loans less
59464 accrued interest on mortgages
acquired during 1912 85160 76
12 Gross interest on deposit in trust com
panies and banks 6548 91
13 Gross interest from all other sources viz
TJnlisie sets 1 H 3i
17 Total gross interest and rents
26 Gross profit on sale or maturity of ledger assets viz
Bonds
5257 16
28 Total income 1660744 81
IIIDisbursements
1 Gross amount paid policyholders for losses
including 16286737 occurring in pre
vious years 1259864 10
2 Deduct amount received for salvage fire
724078 marine and inland 41ComptrollerGeneral s Report
461
56675 reinsurance
marine and inland
fire 56638 total
fire 24793838
9530107 discount
392613 36
3 Net amount paid policybolders for losses 867250 74
4 Expenses of adjustment and settlement of losses 12734 40
5 Commissions or brokerage 364309 66
7 Salaries 2932410 and expenses 3888713 of special
and general agents 68211 23
8 Salaries fees and all other charges of officers directors
trustees and home office employees 89527 69
9 Rents including 495132 for companys occupancy of
its own buildings 9661 44
10 Advertising printing and stationery 24298 83
11 Postage telegrams telephone and express 9389 77
12 Legal expenses 1389 71
13 Furniture and fixtures 1166 69
14 Maps including corrections 5049 70
15 Underwriters Boards and Tariff Associations 16767 98
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 4635 44
17 Inspections and surveys 5653 29
20 State taxes on premiums 22604 02
21 Insurance department licenses and fees 11272 12
22 All other licenses fees and taxes Municipal 14529 39
23 Other disbursements Exchange 1718 57
25 Water 313 77
26 Remitted to home office 28778 11
38 Agents balances charged off 3 88
39 Gross loss on sale or maturity of ledger assets vizr
Bonds 19660 67
41 Totaldisbursements 1588927 10
IVLedger Assets
4 Book value of bonds 163123857 and
stocks 26645823 1897696 80
5 Cash at branch offices 10143 54
6 Deposits in trust companies and banks not
on interest 358933 83
8 Agents balances representing business
written subsequent to Oct 1 1912 196383 37
9 Agents balances representing business
wTitten prior to Oct 1 1912 8356 73
10 Bills receivable taken for marine and in
land risks 790 33

16 Total ledger assets
2472304 60462
ComptrollerGenerals Eeport
NonLedger Assets
18 Interest accrued on bonds 20668 37
28 Reinsurance on losses paid 8324 13
30 Gross assets 2501297 10
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 8356 73
38 Book value of ledger assets over market
value 28378 32
39 Cash not in control of Trustees 241783 41
40 Investments not in control of Trustees 44270 73
41 Total admitted assets 2178507 91
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 35510
reserve for losses incurred prior to Bee
31 of which no notice had been received
on that date
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
267121 80
7247 00
274368 80
95537 97
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 763
17641 unearned premiums fifty per
cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 1542367 05 un
earned premiums pro rata
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
9493457 unearned premiums fifty
peT cent
Ocean cargo 100 per cent
178830 83
381588 20
9962 71
47467 28
13225 67ComptrollerGeneral s Eeport
463
10
Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired marine time hull risks
1204041 unearned premiums 50 per
cent
6020 20
11
18
19
20
26
27
28
29
SO
Total unearned premiums as computed above 1238264 06
Salaries rents expenses bills accounts fees etc due
or accrued 1200 00
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 23454 55
Commissions brokerage and other charges due or to be
come due to agents and brokers 4493 9S
Total amount of all liabilities except capital 1446243 42
Capital actually paid up in cash 207000 00
Surplus over all liabilities 525264 49
Surplus as regards policyholders 732264 49
Total liabilities 2178507 91
VIRisks and Premiums
Fire Risks Premiums Thereon
In force on the 31 day of December as
per line 6 under this heading in last
years statement 264105392 00 2629239 77
Written or renewed during the year 250166010 00 2282493 16
Excess of original premiums over
amount received for reinsurance 138744 87
Total 514271402 00 5050477 SO
Deduct those expired and marked off as j
terminated 220233341 00 2230709 13
In force at the end of the year294038061 00 2819768 67
Deduct amount reinsured schedule re
quired 67368582 00 514225 21
28
Net amount in force226669479 00 2305543 46
Business in the State of Georgia During the Year
Gross risks written 3184889 00
Less 67977000 risks cancelled and 60117500 reinsur
ance in companies authorized in Georgia 1083065 00
Net risks written 2101824 00464 ComptrollerGenerals Report
29 Gross premiums on risks written 46736 27
Less 721567 return premiums and 700386 premiums
for reinsurance in companies authorized in Georgia 12876 40
Xet premiums received 33859 87
30 Losses paid deducting salvage 24588 39
Less losses on risks reinsured in companies authorized in
Georgia 4787 13
Net losses paid 19501 26
31 Losses incurred 23074 39
Less losses on risks reinsured in companies authorized in
Georgia 4859 13
Met losses incurred 18215 26
WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK N Y
George R Crawford President Otto E Schaefer Secretary
Edgar Dunlap 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 4470203 83
4 Extended at 4470203 83
nIncome
0 Gross premiums 4780069 81
6 Deduct gross amount paid for reinsurance
fire 70834313 return premiums fire
71018711 total 1418530 24
7 Total premiums other than perpetual 3361539 57
9 Gross interest on mortgage loans 8101 38
11 Gross interest on bonds and dividends on
stocks less 2348 48 accrued interest
on bonds acquired during 1912 200395 97
12 Gross interest on deposit in trust com
panies and banks 2870 17
16 Gross rents from companys property 108 00
17 Total gross interest and rents 211475 52
ComptrollerGenerals Report
18 Refund character unknown
24 Increase in liabilities during the year on account of re
insurance treaties
25 From agents balances previously charged off
26 Gross profit on sale or maturity of ledger assets viz
Real estate
Stocks
465
1545 00
20905 31
446 91
4779 45
8311 87
28 Total income 3609003 63
IIIDisbursements
1 Gross amount paid policyholders for losses
including 27758282 occurring in pre
vious years 1915660 78
2 Deduct amount received for salvage fire
1376031 reinsurance fire 344
06853 total 357828 84
9
10
11
12
13
14
15
16
17
19
20
21
22
24
34
38
39
Net amount paid policyholders for losses
Expenses of adjustment and settlement of losses
Commissions or brokerage
Salaries 6459831 and expenses 11157353 of special
and general agents
Salaries fees and all other charges of officers directors
trustees and home office employees
Rents
Advertising 528144 printing and stationery 2713297
Postage telegrams telephone and express
Legal expenses
Furniture and fixtures
Maps including corrections
Underwriters Boards and Tariff Associations
Fire department fire patrol and salvage corps assess
ments fees taxes and expenses
Inspections and surveys
Taxes on real estate
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Federal corporation
tax
Municipal taxes and licenses
Collection and exchange
Paid stockholders for interest or dividends amount de
clared during the year
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Stocks
1557831 94
29881 53
573750 40
176171 84
131058 86
19515 26
32414 41
19180 39
95 82
10393 11
11080 72
29395 14
12930 31
20387 41
442 48
53748 94
13605 30
310 05
11997 28
2328 83
120000 00
432 01
603 33
41 Total disbursements 2827555 36466 CompteollebGeneeals Eepoet
IYLedger Assets
1 Book value of real estate 5876 00
2 Mortgage loans on real estate 149361 00
4 Book value of bonds 4642456 10
7 Deposits in trust companies and banks on
interest 293810 04
8 Agents balances representing business
written subsequent to October 1 1912 440642 38
9 Agents balances representing business
written prior to Oct 11912 19506 57
16 Total ledger assets 5551652 10
NonLedger Assets
17 Interest due 96750 and accrued 79447
on mortgages 1761 97
18 Interest due 274500 and accrued 6
76249 on bonds f507 49
24 Total 1
30 Gross assets 5562921 50
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 19506 57
38 Book value of ledger assets over market
value 38143 61
41 Total admitted assets 5363271 38
VLiabilities
1 Gross losses adjusted and unpaid 96807 39
2 Gross claims for losses in process of ad
justment or in suspense plus 960000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 327095 12
3 Gross claims for losses resisted 24692 11
4 Total 448594 62
5 Deduct reinsurance due or accrued 119878 90
6 Net amount of unpaid losses and claims 328715 72ComptrollerGenerals Eeport
467
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 2108
48587 unearned premiums fifty per
cent 1054242 93
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 402377365 un
earned premiums pro rata 2154670 19
11 Total unearned premiums as computed above 3208913 12
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 45 000 00
21 Reinsurance premiums 28 129 98
23 All other liabilities 5 000 00
31596 84
26 Total amount of all liabilities except capital 3647355 66
27 Capital actually paid up in cash 300000 00
28 Surplus over all liabilities 1415915 72
29 Surplus as regards policyholders 1715915 72
30 Total liabilities 5363271 38
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 6 under this heading in last
years statement 567440809 5717964 32
2 Written or renewed during the year 484541928 4780069 81
4 Total 1051982737 10498034 13
5 Deduct those expired and marked off as
terminated 346056155 3404038 57
6 In force at the end of the year 705926582 7093995 56
7 Deduct amount reinsured schedule re
quired 93999327 961735 84
8 Net amount in force 611927255 6132259 52468 ComptrollerGenerals Report
Business in the State of Georgia During the Year
28 Gross risks written 3661725 00
Less 50632300 cancelled and 44224700 reinsurance
in companies authorized in Georgia 948570 00
Net risks written 2713155 00
29 Gross premiums on risks written 46346 62
Less 620140 return premiums and 477560 premiums
for reinsurance in companies authorized in Georgia 10977 00
Net premiums received 3o369 62
30 Losses paid deducting salvage 1497o 2S
Less losses on risks reinsured in companies authorized in
Georgia 365 34
Net losses paid 14609 94
31 Losses incurred 1331 li
Less losses on risks reinsured in companies authorized in
Georgia 737 01
Net losses incurred 12634 13
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF
BROOKLYN NEW YORK
George E Branson President David J Burtis Secretary
W B Hoyt Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 600000 00
2 Amount of ledger assets as per balance
December 31 of previous year 4197415 68
4 Extended at W415
IIIncome
5 Gross premiums 8225579 98
6 Deduct gross amount paid for reinsurance
fire 50716627 return premiums fire
52336986 1030536 13
7 Total premiums other than perpetual
2195043 85ComptrollerGeneral s Report
469
9 Gross interest on mortgage loans 24144 94
10 Gross interest on collateral loans 250 00
11 Gross interest on bonds and dividends on
stocks less 237012 accrued interest on
bonds acquired during 1912 117847 61
12 Gross interest on deposit in trust com
panies and banks 7096 22
13 Gross interest from all other sources viz
Interest on premium notes 535 34
16 Gross rents from companys property in
cluding 150000 for companys occu
pancy of its own buildings 3714 15
17 Total gross interest and rents 153588 26
18 From other sources Sale of maps 3540 72
26 Gross profit on sale or maturity of ledger assets viz
Bonds 173375 stocks 2050344 total 22237 19
28 Total income 2374210 02
IIIDisbursements
1 Gross amount paid policyholders for losses
including 16821813 occurring in pre
vious years 1533607 23
2 Deduct amount received for salvage fire
1447752 reinsurance fire 24596426
discount fire 107467 261516 43
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses 26297 15
5 Commissions or brokerage 614026 99
6 Allowances to local agencies for miscellaneous agency
expenses 14301 93
7 Salaries 5163416 and expenses 2091214 of special
and genera agents 72546 30
8 Salaries fees and all other charges of officers directors
trustees and home office employees 115056 69
9 Eents including 150000 for companys occupancy of
its own buildings r 23758 40
10 Advertising 415793 printing and stationery 16
59247 total 20750 40
11 Postage telegrams telephone and express 15770 26
12 Legal expenses 808 77
13 Furniture and fixtures 1484 08
15 Underwriters Boards and Tariff Associations 25899 01
16 Fire department fire patrol and salvage corps assess
ments fees taxes and expenses 10673 43470 ComptrollerGenerals Report
q 004 f7
17 Inspections and surveys io
18 Repairs and expenses other than taxes on real estate 3695 82
19 Taxes on real estate 862 18
20 State taxes on premiums 42365 22
21 Insurance department licenses and fees 14663 9iJ
22 All other licenses fees and taxes Federal corporation
tax 14669 904880 total 9A95 49
23 Other disbursements Premiums or surety bonds
51250 Collection fees on premium note 9363
sundries 21981 total 825 94
34 Paid stockholders for interest or dividends amount de
clared during the year 370000 00
38 Agents balances charged off 1428 30
39 Gross loss on sale or maturity of ledger assets viz
Bonds 427190 stocks 10568383 109955 73
40 Gross decrease by adjustment in book value of ledger
assets viz Stocks 90 00
41 Total disbursements 2769780 88
IVLedger Assets
1 Book value of real estate J75000 00
2 Mortgage loans on real estate 538400 00
3 Loans secured by pledge of bonds stocks
or other collateral 5000 00
4 Book value of bonds 105613565 and
stocks 141626288 total 2472398 53
5 Cash in companys office 359 96
7 Deposits in trust companies and banks on
interest 395589 02
8 Agents balances representing business
written subsequent to October 1 1912 282163 97
9 Agents balances representing business
written prior to Oct 1 1912 6323 88
11 Bills receivable taken for fire risks 20524 49
13 Cash at Branch office Freeport 111 6084 97
16 Total ledger assets 3801844 82
NonLedger Assets
17 Interest accrued on mortgages 5058 73
18 Interest accrued on bonds lo400 25
19 Interest accrued on collateral loans 125 00
24 Total 205S3 98
30 Gross assets 3822428 80CompteolleeGeneeals Beport 471
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 6323 88
38 Book value of ledger assets over market
value 131148 53
137472 41
41 Total admitted assets 3684956 39
VLiabilities
1 Gross losses adjusted and unpaid not yet
due 125025 10
2 Gross claims for losses in process of ad
justment or in suspense plus 2000000
reserve for losses incurred prior to Dec
31 of which no notice had been received
on that date 183485 29
3 Gross claims for losses resisted 16320 00
4 Total 211830 39
5 Deduct reinsurance due or accrued 42487 01
6 Net amount of unpaid losses and claims 169 343 38
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 1316
45970 unearned premiums fifty per
cent 658229 85
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 292865109 un
earned premiums pro rata 1564989 44
11 Total unearned premiums as computed above 2223219 29
18 Salaries rents expenses bills accounts fees etc due
or accrued 000 00
19 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 25 000 00
26 Total amount of all liabilities except capital 2418562 67
472
ComptbollebGenebals Kepoet
27 Capital actually paid up in cash 600000 00
28 Surplus over all liabilities 666393 72
29 Surplus as regards policyholders 1266303 2
30 Total liabilities 3684956 39
VIRisks and Premiums
1 In force December 31 1911445693130 00 4727387 05
2 Written or renewed in 1912 298039196 00
3 Excess of original premiums over
amount received for reinsurance
16794 51
4 Totals 743732326 00 796976154
5 Deduct expirations and cancellations 279825489 00 3089928 45
6 Tn force December 31 1912463906837 00 4879833 09
7 Deduct amount reinsured 57834318 00 634722 30
8 Net amount in force406072519 00 4245110 79
Business in the State of Georgia During the Year
28 Gross risks written 3947044 00
Less 96581100 risks cancelled and 34005900 reinsur
ance in companies authorized in Georgia 1305870 00
Net risks written MM 00
29 Gross premiums on risks written
Less 977978 return premiums and 466661 premiums
for reinsurance in companies authorized in Georgia
14446 39
Net premiums received 43186 7
30 Losses paid deducting salvage 16468 95
Less losses on risks reinsured in companies authorized in
824 61
Georgia
Net losses paid
31 Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
15644 34
16909 12
720 61
Net losses incurre
d 16188 51ComptrollerGtesterals Report
473
UNITED STATES BRANCH OF YORKSHIRE INSURANCE
LTD OF YORK ENGLAND
Frank DuBois United States Managers
Wm 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
IIIncome
5 Gross premiums i
6 Deduct gross amount paid for reinsurance
fire 7415109 return premiums fire
9205046
COMPANY
625375 66
540734 55
166201 55
7 Total premiums other than perpetual
11 Gross interest on bonds and dividends on
stocks less 35326 accrued interest on
bonds acquired during 1912
12 Gross interest on deposit in trust com
panies and banks
374533 00
20696 74
1302 06
17 Total gross interest and rentst
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
28 Total income
IIIDisbursements
1 Gross amount paid policyholders for losses
including 457778 occurring in pre
vious years
2 Deduct amount received for salvage fire
57491 reinsurance fire 1092617
discount fire 12459
71597 82
11625 67
3 Net amount paid policyholders for losses j
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
8 Salaries fees and all other charges of officers directors
trustees and home office employees
21998 80
2271 25
398803 05
59972 15
789 36
86925 78
30680 64474
ComptrollerGenerals Report
9 Rents
10 Advertising 241063 printing and stationery 6
43257
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 AH other licenses fees and taxes Secured debt tax
New York 57500 city license Los Angeles 1000
city license Portland Oregon 1000 city license
Los Angeles 1000
23 Other disbursements Auditing 18250 subscriptions
65925 bank collections 12915 miscellaneous acct
123982 remittance to home office 1198790
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds
41 Total disbursements
IVLedger Assets
4 Book value of bonds 624450 00
5 Cash in companys office San Francisco
Cal
6 Deposits in trust companies and banks not
on interest
7 Deposits in trust companies and banks on
interest
8 Agents balances representing business
written subsequent to Oct 1 1912
9 Agents balances representing business
written prior to Oct 1 1912
86 10
135 52
106745 71
63019 98
1546 55
16 Total ledger assets
NonLedger Assets
18 Interest accrued on bonds
7258 33
24 Total
27 Other nonledger assets
2938 84
8843 20
1576 38
6 00
2975 37
6494 05
1886 92
3249 11
557 24
2444 88
3695 06
605 00
14198 62
356 25
228194 85
795983 86
7258 33
749 75
30 Gross assets
803991 94ComptrollerGenerals Report
Deduct Assets Not Admitted
475
34 Agents balances representing business
written prior to Oct 1 1912 ij546 55
38 Book value of ledger assets over market
OQ n vaIue 1850 00
o9 Cash m San Francisco office 86 10
3482 65
41 Total admitted assets 800509 29
VLiabilities
1 Gross losses adjusted and unpaid not
et due 14714 47
2 Gross claims for losses in process of ad
justment or in suspense plus 213200
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 3189e og
4 Total 46610 55
5 Deduct reinsurance due or accrued 6 882 73
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest prem
iums on perpetual fire risks 23667744
unearned premiums fifty per cent 118338 72
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
fire risks running more than one year
from date of policy 13624535 un
earned premiums pro rata 112 965 34
11 Total unearned premiums as computed above
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
39727 82
231304 06
500 00
6000 00476
ComptrollerGenerals Beport
26 Total amount of all liabilities except capital 277531 88
27 Capital actually paid up in cash 200000 00
28 Surplus over all liabilities 322977 41
522977 41
29 Surplus as regards policyholders
30 Total liabilities 800509 29
VIRisks and Premiums
Fire Risks Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 9740472 00
2 Written or renewed during the year 54775228 00
88422 74
540734 55
4 Total 64515700 00
5 Deduct those expired and marked off as
terminated 19818007 00
629157 29
186120 14
6 In force at the end of the year 44697693 00 443037 15
7 Deduct reinsurance schedule required 7204092 00 70114 36
8 Net amount in force 37493601 00 372922 79
Business in the State of Georgia During the Year
28 Gross risks written
Less risks cancelled
158450 00
49600 00
0 108850 00
Is et risks written v
29 Gross premiums on risks written
469 79
Less return premiums
Net premiums received
Net losses paid
2013 62
351 01LIFE INSURANCE COMPANIES
MTNA LIFE INSURANCE COMPANY OF HARTFORD CONN
M G Bulkeley President C E Gilbert Secretary
W E Hawkins 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 93374382 66
4 Extended at 93374382 66
IIIncome
5 First years premiums on original policies
without deduction for commissions or
otheT expenses less 262005 for first
years reinsurance
6 Surrender values applied to pay first
years premiums
1324549 47
50327 55
7 Total first years premiums on original
Policies 1374877 02
8 Dividends applied to purchase paidup
additions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
10 Consideration for original annuities in
volving life contingencies 25490 51
11 Consideration for supplementary contracts
involving life contingencies 1256 00
89S8 80
108731 29
12 Total new premiums 15 9343 62
13 Renewal premiums without deduction for
commissions or other expenses less 5
97629 for reinsurance on renewals 9188756 73
14 Dividends applied to pay renewal prem
iums 503797 94478
ompteollebGekeeal s Kepobt
16 Surrender values applied to pay renewal
premiums
17 Renewal premiums for deferred annuities
1262 33
2092 56
18 Total Tenewal premiums 9695909 06
108672 51
172835 05
19 Total premium income 11215253 18
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 2528108 60
24 Gross interest on collateral loans 45918 31
25 Gross interest on bonds and dividends on
stocks less 1596399 accrued interest
on bonds acquired during 1912 1399273 89
26 Gross interest on premium notes poliey
loans or liens
27 Gross interest on deposit in trust com
panies and banks
31 Gross discount on claims paid in advance
32 Gross rent from companys property in
cluding 3500000 for companys occu
pancy of its own buildings
574250 49
73745 26
1528 95
48950
27134 03
11 15
33 Total gross interest and rents 4671776 17
34 From other sources Investment expense account 26
01078 reimbursement on account of expenses on real
estate during foreclosure 62335 forfeit on bond
option 50000 total
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Real estate 382010 bonds 2185231 stocks
31633605 total 342008 46
42 Gross increase by adjustment in book value of ledger
assets viz Bonds 4773484 stocks 20326254 250997 38
43 Total income 6788687 93
IITDisbursements
1 For death claims less 846600 reinsurance
390161140 additions 9065 3901702 05
2 For matured endowments 270312100
3 Net amount paid for losses and matured endowments 6604823 05
4 For annuities involving life contingencies 41378 04
6 Surrender values paid in cash or applied in liquidation of
loans or notes 2356547 65ComptrollerGenerals Report 479
7 Surrender values applied to pay new premiums 50
32755 to pay renewal premiums 126233 51589 88
8 Surrender values applied to purchase paidup insurance
and annuities 108731 29
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 590 281 29
10 Dividends applied to pay renewal premiums 503797 94
12 Dividends applied to purchase paidup additions and
annuities 8988 80
13 Dividends left with the company to accumulate at interest 172835 05
14 Total paid policyholders 10438972 99
15 Expense of investigation and settlement of policy claims
including legal expenses 4 634 28
16 Paid for claims on supplementary contracts not involving
life contingencies 41 ggg 35
17 Dividends and interest thereon held on deposit surren
dered during the year 72 726 34
18 Paid stockholders for interest or dividends 200000 00
19 Commissions to agents less commission on reinsurance
First years premiums 52946505 renewal premiums
50890923 annuities original 182849 renewal
9589 total 1040298 66
20 Commuted renewal commissions 11 569 57
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 585 00
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 68131 15
23 Branch office expenses including salaries of managers
and clerks 143 057 13
24 Medical examiners fees 7912950 inspection of risks
1619781 total 95327 31
25 Salaries and all other compensation of officers directors
trustees and home office employees 377 812 02
26 Rents including 2500000 for companys occupancy of
its own buildings 84030 49
27 Advertising 1970882 printing and stationery 66
84831 postage telegraph telephone and express 58
95425 exchange 174295 total 147254 33
28 Legal expense not included in item 15 5590 88
29 Furniture fixtures and safes 12215 69
30 Eepairs and expenses other than taxes on real estate 34430 97
31 Taxes on real estate 12948 65
32 State taxes on premiums 1 33567 85
33 Insurance department licenses and fees 10587 47
34 All other licenses fees and taxes Federal corporation
tax 1714290 publication fees 96736 tax on
capital stock 10804128 valuation of policies 3480
ComptbollehGenekal s Report
23917 tax on reserve 935553 local license on
property tax 19500350 total 333749 74
38 Other disbursements Investment expense account
1633319 sundries 113735 incidentals 1
54002 membership in Association of Life Insurance
Presidents 337412 home office travel 304951
bills receivable charged off 2107143 total 40505 62
46 Gross loss on sale or maturity of ledger assets viz
Real estate 18875 bonds 276776 stocks 18
66250 total 21619 01
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds including 132307 for amortiza
tion of premium 25119120 stocks 2891725 280108 45
48 Total disbursements 13617386 25
IVLedger Assets
1 Book value of real estate o77487 41
2 Mortgage loans on real estate first liens 50630808 52
3 Loans secured by pledge of bonds stocks or other col
lateral 1088454 97
4 Loans made to policyholders on this companys policies
assigned as collateral 89 905 6
5 Premium notes on policies in force of which 282376 is
for first years premiums 128401 00
6 Book value of bonds 2763122176 and stocks 4189
68190 total 31820903 66
7 Cash in companys office 9356 62
8 Deposits in trust companies and banks not on interest 1125490 35
9 Deposits in trust companies and banks on interest 2156493 55
10 Bills receivable 37271 agents balances debit 39
411868 credit 739719 net 3201149 32384 20
12 Total ledger assets 96545684 34
NonLedger Assets
13 Interest due l53582 and accrued 1
40785397 on mortgages 1425389 79
14 Interest due 806948 and accrued 387
61447 on bonds 395683 95
15 Interest accrued on collateral loans 20099 79
16 Interest due on premium notes policy
loans or liens 149043 00
17 Interest on other assets Bank deposits 1612 69
20 Rents on companys property or lease 250 00
21 Total interest and rents clue and accrued 1992079 22ComptrollerGenerals Eeport 481
23 Market value of bonds and stocks over book value 2 49 378 43
24 Due from other companies for losses or claims on policies
of this company reinsured
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums jq2 374 13
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums
523 00
492063 96
27 Totals
28 Deduct loading
1254440 03
210603 70
29 Net amount of uncollected and deferred
premiums 1043836 33
35 Gross assets
102011501 32
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
39408 68
372 71
232 96
Total
40014 35
43 Book value of ledger assets over market value viz
Admitted assets life premiums 101 971 486 97
45 Admitted assets accident health and liability premiums SSS 33
46 Total admitted assets
110523775 30
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
3912 as computed by the Company on
the following tables of mortality and
rates of interest viz
American Experience table at 3 per cent
on entire non participating class and on
participating class issued prior to 1901 58149121 00
American Experience table at 3 per cent
on participating class issued in 1901
and subsequently 28149001 00
Same for reversionary additions 18 718 00
Net present value of annuities including
those in reduction of premiums Give482 ComptkollekGenekals Keport
tables and rates of interest viz Me
Clintocks Annuitants 3y2 per cent on
business issued prior to 1910 and Mc
Clintocks Annuitants 3 per cent and
American Experience 3 per cent on
business issued in 1910 and subsequently 433096 00
Also supplementary contracts involving
life contingencies 107906 00
Total 86857842 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 26084 00
Total86831758 00
7 Reserve to provide for disability benefits contained in life
policies
86942660 00
8 Net reserve v
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
ii 430o28 00
by the company
10 Liability on policies cancelled and not included in net
rpserve unon which a surrender value may be de
reserve up g 8Q
manded
12 Claims for death losses in process of ad
justment or adjusted and not due 164599 00
13 Claims for death losses incurred for which
no proofs have been received 184562 00
14 Claims for matured endowments due and
46251 00
unpaid
15 Claims for death losses and other policy
claims resisted by the company 24644 47
16 Due and unpaid on annuity claims involv
ing life contingencies 8
420135 08
17 Total poliev claims
18 Due and unpaid on supplementary contracts not mvolv
ing life contingencies
19 Dividends left with the company to accumulate at interest
and accrued interest thereon
20 Premiums paid in advance including surrender values so
applied 2tftnil S9
21 Unearned interest and rent paid m advance IAI Z
22 Commissions due to agents on premium notes when paid 8447
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon W uComptbolleeGenebals Eepobt 483
25 Salaries rents office expenses bills and accounts due or
accrued
26 Medical examiners f ees VllSOO and egai 48 00
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 polieyhoiders including
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportionedtoannualdividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise
it tv a j j 788119 00
33 Dividends declared on or apportioned to deferred divi
dend Plici payable to policyholders during 1913 506 580 54
34 Amounts set apart apportioned provisionally ascertain
ed calculated declared or held awaiting apportion
ment upon deferred dividend policies lm 924 58
3o Reserve special or surplus funds not included above Ad
ditional reserve held under ten year renewable term
and other contracts 0Q
37 Total liabilities life business 92 837 637 30
40 Total liabilities accident health and liability business 5J63 406 15
41 Capital stock 2000000 00
42 Eeceived par value of new stock to be
issued Oct 1913 1596400 00
43 Unassigned funds surplus 8 326 331 85
44 Total surplus as regards policyholders n 922 734 83
45 Total liabilities life accident health and other business110523775 30
Business in the State of GeoTgia During the Year
t No Amount
U lolicies on the lives of citizens of said State in
force December 31 of previous year 3902 7 527 630 10
J8 Policies oh the lives of citizens of said State
issued during the year 792 ij502642 21
Jn n01 4694 9030272 31
50 Deduct ceased to be in force during the year 597 1022689 00
21 Policies in force December 31 4097 8007583 31
M bosses and claims unpaid Dec 31 of previous year 5 7782 00
23 Losses and claims incurred during year 48 88684 75484 CompteollebGenebals Eepoet
24 Total 53
25 Losses and claims settled during the year in
cash 8869488 by compromise 18987 49
26 Losses and claims unpaid Dee 31 4
27 Premiums collected or secured in cash and notes
or credits without any deduction for losses
dividends commissions or other expenses
96466 75
88884 75
7582 00
234414 46
AFROAMERICAN LIFE INSURANCE COMPANY OF
BIRMINGHAM ALABAMA
Jesse F Stallings President Thomas H Evans Asst Secretary
i Home Office Birmingham Alabama
Hon Wm A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 162300 00
2 Cash received from sale of stock 179220 00
3 Collateral notes evidencing unpaid for
stock 137700 00
4 Extended at 31692
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses
12 Total new premiums
27 Gross interest on deposit in trust com
panies and banks
7036 13
872 63
33 Total gross interests and rents

43 Total income p
IIIDisbursements
19 Commissions to agents less commission on reinsurance
First years premiums l
24 Medical examiners fees
27 Printing and stationery 156784 exchange 261
29 Furniture fixtures and safes
7036 13
872 63
908 76
3075 85
492 50
1569 45
1306 45ComptrollerGenerals R
eport
31 Taxes on real estate
33 Insurance department licenses and fees
37 Municipal licenses
485
507 00
158 00
222 40
48 Total disbursements
IvLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks orotheVcol
lateral
6 Book value of stocks
7 Cash in companys office
8 Deposits in trust companies and banksnotoninsert
9 Deposits m trust companies and banks on interest
10 Agents balances debit 293427 credit 689
11 Afro Securities Company
12 Total ledger assets
NonLedger Assets
13 Interest accrued on mortgages
15 Interest accrued on collateral loans
18 Certificate of deposit
4173 94
6470 28
318 06
21 Total interest and rents due and accrued
30 All other assets Stationery furniture and fixtures
35 Gross assets
Deduct Assets Not Admitted
36 Companys stock loans on
37 Supplies stationery printed matter 156784 furniture
fixtures and safes 130637
38 Agents debit balances gross
40 Admitted assets
VLiabilities Surplus and Other Funds
26 Medical examiners fees
35 Reserve special or surplus funds not included above
Mortuary fund 25 per cent of gross premiums
Reserve for overwriting commissions
Reserve for expenses 25 per cent of gross premiums
less expense
7331 57
136903 00
137700 00
6200 00
20 91
1498 56
15109 00
2927 38
17138 28
317497 16
10962 28
2874 21
331333 65
137700 00
2874 21
2927 38
187832 06
215 00
1770 28
635 31
1287 97486 ComptrollerGenerals Report
43 Total
44 Capital stock
45 Unassigned funds surplus
46 Total
3909 13
162300 00
16920 00
183129 13
AMERICAN LIFE AND ACCIDENT INSURANCE COMPANY
Joe W Ingram President J B Moore Secretary
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 124440 42
4 Extended at 124440 42
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses
12 Total new premiums
23 Gross interest on mortgage loans less
24650 accrued interest on mortgages
acquired during 1912
25 Gross interest on bonds and dividends on
stocks
966 89
5669 26
9 75
33 Total gross interest and rents
34 From other sources Policy fees
40 From agents balances previously charged off
IIIDisbursements
3 Net amount paid for losses
15 Expense of investigation and settlement of policy claims
17 Policy fees
IS Paid stockholders for interest or dividends
19 Commissions to agents less commission on reinsurance
Renewal premiums
21 Compensation of managers and agents not paid by com
87966 89
5679 01
59152 95
319 34
43 Total income 153118 19
39080 59
47 00
58893 00
4000 00
26539 53ComptkollekGenebals Eepoet
o r iSSin fr serviees in obtaining new insurance
24 Medical examiners fees 31150 inspection of risks
22000 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Bent
27 Advertising 13970 printing and stationery 181089
postage telegraph telephone and express 2130 67
28 Legal expense
29 Furniture fixtures and safes
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Miscellaneoustaxes
and fees 10050 municipal license 30830
38 Other disbursements Surety bonds 15000 miscellane
ous expenses 81305 salary branch office 23200
officers traveling expense 69469 total
45 Agents balances charged off
48 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate t
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
11 Accident and health on policies or renewals issued on or
after Oct 1 1912
12 Total ledger assets
NonLedger Assets
13 Interest accrued on mortgages 2 825 40
14 Interest accrued oh bonds 50
21 Total interest and rents due and accrued
31 Cash advanced to agents
32 Furniture and fixtures
33 Supplies and stationery
35 Gross assets
Deduct Assets Not Admitted
36 Cash advanced to agents
37 Supplies stationery printed matter 100000 furniture
fixtures and safes 250000
1538 70
531 50
8973 89
1630 99
4081 26
206 65
367 15
1231 19
1122 00
408 80
1889 74
33704
15087903
111425 00
100 00
2032 45
3630 83
5663 28
9491 30
126679 58
2825 90
1185 30
2500 00
1000 00
134190 78
1183 30
4685 30
46 Admitted assets 129505 48488 ComptrollerGenerals Report
VLiabilities Surplus and Other Funds
11 Claims for losses due and unpaid 2030 00
20 Premiums paid in advance 1269 66
23 Commissions to agents due or accrued 3131 70
25 Salaries rents office expenses bills and accounts due or
accrued 149 60
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 1004 56
35 Reserve special or surplus funds not included above
Unearned premiums
43 Total 10283
44 Capital stock 1000 00
45 Unassigned funds surplus 19082 65
46Total 12950548
Business in the State of Georgia During the Year
18 Policies health and accident 9 60
23 Losses and claims incurred during year 1571 86
AMERICAN NATIONAL INSURANCE COMPANY
OF GALVESTON TEXAS
W L Moody Jr President L H Collier Secretary
J B Daniell Attorney for Service in Georgia
IIIncome
1 Gross premiums written and renewed during the year
accident 8909094 health 6791557 total 157006 51
2 Deduct reinsurance accident 80 24
3 Deduct return premiumson policies can
celled accident 25114 health 25114 502 2S
5 Total deductions accident 331 38 health 25115 total
582 52
6 Net premiums accident 8875956 health 6766443 156423 99ComptbollebGenebals Eepoet 489
20 Policy fees required or represented by applications 77 745 00
31 From other sources Pro life statement J
39 Total income
3055817 82
HIDisbursements
L Grzzx zTr lossesaccident8286973
17 tjation and adjustment of cWs ViiV Ac
l20ol8 health 120518 total o4ln 7
Policy fees retained by agents J J
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes i
28 fei f 43171 health 3281575 total 72 g47 46
28 Salaries fees and all other compensation of officers
29 SaldlreCttr8 triUStees and h office employees 7 813 61
29 Salaries traveling and all other expenses of agents not
paid by commissions
32 Bents including branch officeorcomply soccupancy
of its own buildings
35 State taxes on premiums 643 45
36 Insurance department licenses and fees fl 4
37 All other licenses fees and taxes ZZ 88
43 Advertising 394 61
44 Printing and stationery 356 24
45 Postage telegraph telephone andexpress J
46 Furniture and fixtures 6d
48 Other disbursements Branchoffice expense i773 71
exchange 215 petty office expense 112 29 bond
fees 1000 total
53 Agents balances charged off 189S 15
55 Gross decrease by adjustment in book value of ledger
assets viz From life statement 955 808 40
56 Total disbursements I
1273256 13
VLiabilities
2 Eeported or in process of adjustment accident 115 00
health 20200 total
3 Resisted accident 317 00
5266 66
8 Total
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on
or after Oct 1 1912 582 65
36 Advance premiums
45 From life statement S 7S490 ComptrollerGenerals Keport
46 Total amount of all liabilities except capital 1311485 26
47 Capital actually paid up in cash 250000 00
48 Surplus over all liabilities 284696 92
49 Surplus as regards policyholders 534696 92
50 Total liabilities 1846182 18
AMICABLE LIFE INSURANCE COMPANY OF WACO TEXAS
Artemas R Roberts President A R Wilson Secretary
Wm A Wright Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 800000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1375353 98
3 Increase of capital during the year 327420 00
4 Extended at 1702773 98
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 321954 lo
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses 136435 02
14 Coupons applied to pay renewal premiums 1575 13
321954 15
18 Total renewal premiums
138010 15
19 Total premium income
21 Coupons left with the company to accumulate at interest
23 Gross interest on mortgage loans less 35557 accrued
interest on mortgages acquired during 1912
26 Gross interest on premium notes policy loans or liens
27 Gross interest on deposits in trust companies and banks
28 Gross interest on other debts due the company Stock
notes interest thereon
459964 30
9003 73
14662 42
295 27
10983 24
7913 57ComptrollerGenerals Beport
30 Interest paid in advance
32 Gross rent from companys propertyrciudingssVOO
for companys occupancy of its own buildings
43 Total income
491
7 65
57541 76
33 Total gross interest and rents
35 Commissions refunded by agents
36 Amounts received on applications pending
37 Surplus from stockholders on capital stock
40 From agents balances previously charged off 7ft
42 Gross increase by adjustment in book value of ledger
assets viz Real estate
183 87
94 95
1059 83
9480 78
HIDisbursements
1 For death claims 9Q
3 Net amount paid for losses and matured endowments
5 Premium notes and liens voided by lapse
10 Coupons applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and
annuities
14 Total paid policyholders
16 Paid for claims on supplementary contracts not involving
life contingencies
17 Coupons and interest thereon held ondepositsurrendered
during the year
19 Commissions to agents less commission on reinsurance
First years premiums
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
24 Medical examiners fees 2993300 inspection or risks
508600 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including 735400 for companysoccupancy of
its own buildings
27 Advertising 450184 printing and stationery 12
95591 postage telegraph telephone and express 7
54270 exchange 36468 total
28 Legal expense
29 Furniture fixtures and safes see nonadmitted assets
30 Repairs and expenses other than taxes on real estate
31 Taxes on real estate
33 Insurance department licenses and fees
54957 90
2035 21
1575 13
9003 73
67571 97
1000 00
238 31
252390 97
10452 93
35019 00
41629 91
7354 00
25365 13
4240 90
29799 66
6550 39
584 78492
ComptrollerGenerals Eeport
34 All other licenses fees and taxes Cost of examinations
made by department 183873 agents licenses and
bonds 15550 total
38 Other disbursements Amounts so far expended in pre
paring for health and accident department 1314 90
amounts transferred during the year from sub to
capital stock to authorized and issued capital stock
in excess of amounts so received 31499750 amounts
transferred from rents paid in advance to gross rents
received 235983 compensations of agents for ser
vices in collecting renewals 113323 home office
traveling expenses 225575 miscellaneous expense
296341 premiums refunded 26087 decrease in
premiums in suspense 3204 total
45 Agents balances charged off
48 Total disbursements
1994 23
325317 53
1394 42
813904 13
s IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Furniture and fixtures
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force of which 394077 is
for first years premiums
7 Cash in companys office
9 Deposits in trust companies and banks on interest
10 Agents balances debit 2445597 credit 10153 net
891882 48
561496 00
17864 60
2129 35
5073 69
5 62
275544 45
24354 44
12 Total ledger assets 1778350 63
NonLedger Assets
13 Interest accrued on mortgages
16 Interest accrued on premium notes policy
loans or liens
17 Interest accrued on other assets
20 Rents due on companys property or lease
20501 50
125 00
870 71
2023 50
21 Total interest and rents due and accrued 23520 71
25 Gross premiums due and unreported on policies in force
December 31 1912 less reinsurance premiums 10314 85
26 Gross deferred premiums on policies in force December
31 1912 less reinsurance premiums 8551 56
27 Totals

18866 41ComptrollerGenerals Report
493
28 Deduct loading
29 Net amount of uncollected and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
4409 72
14456 69
1816328 03
37 Furniture fixtures and safes 17 354 gg
39 Cash advanced to or in the hands of officers or agents 24455 97
41 Premium notes and loans on policies and net premiums
in excess of net value of their policies 4 557 75
46 Admitted assets
1769449 71
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed on the following
tables of mortality and rates of interest
viz
2 American Experience table at 3 per cent
on all policies issued 163025 81
Total
7 Reserve to provide for health and accident benefits con
tained in life policies
8 Net reserve
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Secretary
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
13 Claims for death losses incurred for which no proofs
have been received
19 Coupons left with the company to accumulate at interest
and accrued interest thereon 29139
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 estimated
26 Medical examiners fees 156500 and inspection fees
15700 total
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
163025 81
1559 60
164585 41
8325 00
12402
1000 00
11648 81
2311 72
24516 30
2500 00
1722 00
12941 38
494 ComptrollerGenerals Keport
39 All other liabilities Subscriptions to capital stock and
surplus not issued 93905 00
41 Cash with applications pending 609 41
42 Suspense
44 Capital stock 800000 00
45 TJnassigned funds surplus 64516513
46 Total 1769449 71
AMERICAN CENTRAL LIFE INSURANCE COMPANY OF INDIANA
Herbert M Woollen President Carroll B Carr Secretary
William A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 137000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3033550 34
4 Extended at 3033550 34
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 171503 for first
years reinsurance
6 Surrender values applied to pay first
years premiums
321 31
7 Total first years premiums on original
policies
286742 64
9 Surrender values applied to purchase paid
up insurance and annuities 16197 4o
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less
534902 for reinsurance on renewals 730918 92
14 Dividends applied to pay renewal prem
2348 16
mnis
16 Surrender values applied to pay renewal
premiums i763 10
302940 09
18 Total renewal premiums
18 Total premium income
735030 18
1037970 27ComptrollerGenerals Eeport 495
23 Gross interest on mortgage loans less
405212 accrued interest on mortgages
acquired during 1912 105739 40
24 Gross interest on collateral loans 96 70
26 Gross interest on premium notes policy
loans or liens 49215 08
27 Gross interest on deposits in trust com
panies and banks 2 249 82
28 Gross interest on other debts due the com
pany 184 95
32 Gross rent from companys property in
cluding 665496 for companys occu
pancy of its own buildings 36289 37
33 Total gross interest and rents 193 775 32
34 From other sources Policy coupons 46145 insureds
personal benefit fund 815 total 469 60
41 Gross profit on sale or maturity of ledger assets viz
Real estate 395 iq
43 Total income 1232610 35
IIIDisbursements
1 For death claims 184 694 15
5 Premium notes and liens voided by lapse less 2000
restorations 8051 12
6 Surrender values paid in cash or applied in liquidation of
loans or notes 131996 43
7 Surrender values applied to pay new premiums 32131
to pay renewal premiums 176310 2084 41
8 Surrender values applied to purchase paidup insurance
and annuities 16197 45
9 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes 230 94
10 Dividends applied to pay renewal premiums 2348 16
14 Total paid polieyholders 345602 66
15 Expense of investigation and settlement of policy
claims including 9500 for legal expenses 422 96
16 Paid for claims on supplementary contracts not involving
life contingencies 650 00
17 Coupons and interest thereon held on deposit surrendered
during the year 106 62
18 Paid stockholders for interest or dividends 10960 00
19 Commissions to agents less commission on reinsurance
First years premiums 23751396 renewal premiums
4046909 total 277983 05496
ComptrollerGenerals Report
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 17033 26
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 10123 60
23 Branch office expenses including salaries of managers
and clerks 6648 16
24 Medical examiners fees 2121067 inspection of risks
628410 total 27494 77
25 Salaries and all other compensation of officers directors
trustees and home office employees 73166 98
26 Rent including 665496 for companys occupancy of its
own buildings 7689 96
27 Advertising 417020 printing and stationery 971327
postage telegraph telephone and express 593944
exchange 44634 total 20269 25
28 Legal expense not included in item 15 4421 68
29 Furniture fixtures and safes 1887 44
30 Repairs and expenses other than taxes on real estate 15452 46
31 Taxes on real estate 4389 32
32 State taxes on premiums 11393 64
33 Insurance department licenses and fees 6116 35
24 All other licenses fees and taxes State tax on personal
property 571 34
38 Other disbursements Agency meetings 325578 Books
and mortgages o9490 investment fees 59413
premium Dr Bal 2913 reinst expense 127729
mortgage fire ins 15766 consulting actuaries 2
05000 officers trav exp 330054 surety bonds 1
34011 misc exp 72735 total 13326 89
45 Agents balances charged off 1829 78
46 Gross loss on sale or maturity of ledger assets viz
Real estate 524 30
48 Total disbursements 865064 47
IVLedger Assets
2 Mortgage loans on real estate first liens 1895253 01
4 Loans made to policyholders on this companys policies
assigned as collateral 982330 89
5 Premium notes on policies in force 10816 43
7 Cash in companys office 446 61
9 Deposits in trust companies and banks on interest 62870 21
10 Agents balances debit 765097 credit 79088 net 6
86009 prem bal dr 32049 cr 40242 net cr
8193 total 5778 16
11 Penn prem tax paid in adv 642 07
12 Total ledger assets 3401096 2213
16
17
20
21
22
25
26
27
28
29
31
32
35
ComptrollerGenerals Eeport
NonLedger Assets
Interest due 31500 and accrued 32
06292 on mortgages 32377 92
Interest accrued on premium notes policy
loans or liens
Interest accrued on deposits
Rents due on companys property or lease
Total interest and rents due and accrued
Market value of real estate over book value
New Business Renewals
Gross premiums due and
unreported on policies
in force December 31
1912 8172 37 47178 80
Gross deferred premiums
on policies in force
Dec 31 1912
497
164 39
62 78
320 00
32925 09
76041 16
31902 43
Totals
Deduct loading
8172 37
4975 43
79081 23
8286 89
Net amount of uncollected
and deferred premiums 3196 94
Fire and liability premiums unearned
Furniture and fixtures
70794 34
73991 28
3163 90
16825 22
Gross assets 3604042 87
Deduct Assets Not Admitted

37 Furniture and safes 16825 22
38 Agents debit balances gross 7650 97
41 Premium notes and loans on policies and net premiums
in excess of the net value of their policies 7721 72
43 Book value of ledger assets over market value viz
Premium Dr Balance 320 49
46 Admitted assets 3571524 47
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Ind Ins
Dept on the following tables of mor
tality and rates of interest viz
498
CompteollebGeneeals Eepoet
1 Actuaries table at 4 per cent on all issues
prior to Jan 1 1908 except two forms
of policies 2008887 00
2 American Experience table at 3 per
cent on all issues since Jan 1 1908 1074509 00
5 Net present value of annuities including
those in reduction of premiums Actuaries
table at 4 per cent 1739 00
Total 3085135 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 5733 00
8 Net reserve 3079402 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 2948 00
11 Claims for death losses due and unpaid 15 48
13 Claims for death losses incurred for which
no proofs have been received 11000 00
17 Total policy claims ll01o 48
20 Premiums paid in advance including surrender values
so applied 3243 70
21 Unearned interest and rent paid in advance 7367 48
22 Commissions due to agents on premium notes when paid 324 49
23 Commissions to agents due or accrued 204 77
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 32392
25 Salaries rents office expenses bills and accounts due or
1 SB2 6
accrued J
26 Medical examiners fees 39 00
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 15569 55
30 Unpaid dividends to stockholders 85 44
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 2030 94
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 4997 29
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 5286 89
35 Eeserve special or surplus funds not included above
Special surplus to cover possible unknown liabilities 32000 00ComptrollerGenerals Beport 499
39 All other liabilities Insureds personal benefit fund 4
07677 policy coupons 109042 state county and
municipal taxes due or accrued 493363 total 10100 82
43i Total 3176642 03
44 Capital stock 137000 00
45 Unassigned funds surplus 257 882 44
46 Total 3571524 47
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 18 35868 00
20 Deduct ceased to be in force during the year 5 13678 00
21 Policies in force December 31 13 22 190 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 479 58
THE BANKERS RESERVE LIFE COMPANY
B H Robison President E C Wagner Secretary
Wm A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3115817 68
4 Extended at 3115817 68
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 85822 for first
years reinsurance 191789 43
7 Total first years premiums on original
policies 191789 43500
ComptrollerGenerals Keport
8 Dividends applied to purchase paidup
additions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
11301 81
1684 21
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 4
32502 for reinsurance on renewals 809257 18
14 Dividends applied to pay renewal prem
108608 79
204775 45
18 Total renewal premiums
19 Total premium income
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans less 66708 accrued
interest on mortgages acquired during 1912
25 Gross interest on bonds and dividends on stocks less
294017 accrued interest on bonds acquired during
1912
26 Gross interest on premium notes policy loans or liens
27 Gross interest on deposits in trust companies and banks
917865 97
1122641 42
450 96
42619 32
78093 77
42436 22
3241 09
33 Total gross interest and rents
34 From other sources Suspense items credited
43 Total income
IIIDisbursements
166390 40
725 28
1290208 06
1 For death claims less 300000 reinsur
ance 5000 additions 135600 00
3 Net amount paid for losses and matured endowments
5 Premium notes and liens voided by lapse less 516736
restorations
6 Surrender values paid in cash or applied in liquidation of
loans or notes
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
135600 00
12334 65
102631 39
1684 21
406 57
108652 92
11301 81ComptrollerGenerals Report
501
13 Dividends left with the company to accumulate at
interest 450 96
14 Total paid policyholders 373062 51
15 Expense of investigation and settlement of policy claims
including 388 74
18 Paid stockholders for dividends 10000 00
19 Commissions to agents less commission on reinsurance
First years premiums 14760104 renewal premiums
1692377 total 164524 81
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 36779 63
24 Medical examiners fees 1378650 inspection of risks
520150 total 18988 00
25 Salaries and all other compensation of officers directors
trustees and home office employees 60339 90
26 Rents 5179 92
27 Advertising 530197 printing and stationery 756066
postage telegraph telephone and express 600264
exchange 92981 total 19795 08
28 Legal expense not included in item 15 2672 55
29 Furniture fixtures and safes 402 97
32 State taxes on premiums 15815 74
33 Insurance department licenses and fees 2232 16
34 All other licenses fees and taxes Federal corporation
tax 245944 examination by State Ins dept 1
71001 local licenses 25500 state bonds 13000
publication 18445 total 4738 90
38 Other disbursements Loss and gain items 54015
traveling expense 142589 office expense 219024
investment expense 107270 acturial expense 1
81324 premiums on fidelity bonds 174131 total 9083 53
45 Agents balances charged off 689 45
48 Total disbursements 724693 89
IVLedger Assets
2 Mortgage loans on real estate first liens 888000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 614013 69
5 Premium notes on policies in force 68084 58
6 Book value of bonds 2003437 78
7 Cash in companys office 95 76
9 Deposits in trust companies and banks on interest 107648 56
10 Agents balances debit 63595 credit 58447 net 51 48
12 Total ledger assets 3681331 85502
CompteollekGenekals Bepoet
NonLedger Assets
13 Interest accrued on mortgages 16552 27
14 Interest accrued on bonds 14549 51
16 Interest accrued on premium notes policy
loans or liens 214744
21 Total interest and rents due and accrued 33249 22
25 Gross premiums due and unreported on
policies in force December 31 1912 26023 09
26 Gross deferred premiums on policies in
force December 31 1912 910 91
27 Totals
28 Deduct loading
26934 00
6779 91
29 Net amount of uncollected and deferred premiums
Deduct Assets Not Admitted
20154 09
38 Agents debit balances gross
43 Book value of bonds over market value
635 95
31883 54
46 Admitted assets 3702215 67
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Insurance
Dept of Nebraska on the following
tables of mortality and rates of in
terest viz
1 Actuaries table at 4 per cent on 240399100
2 American Experience table at 3 per cent 490112 00
Total 2894103 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 3938 00
8 Net reserve 2890165 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 3125 37
13 Claims for death losses incurred for which
no proofs have been received 19000 00
17 Total policy claims
19000 00ComptrollerGenerals Eeport
503
19 Dividends left with the company to accumulate at inter
est and accrued interest thereon 2090 02
20 Premiums paid in advance including surrender values so
applied 7528 23
21 Unearned interest and rent paid in advanee 16677 38
26 Medical examiners fees 1681 50
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 18629 03
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 3270 82
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 4
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 43122 09
35 Reserve special or surplus funds not included above
Special fund calculated as payable to holders of poli
cies contingent upon the payment of the Annual
premium falling due thereon during 1913 29533 44
44 Capital stock 100000 00
45 TJnassigned funds surplus 566604 45
46 Total 3702215 67

Business in the State of Georgia During the Year
No
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 1 i
18 Policies on the lives of citizens of said State is
sued during the year 57
21 Policies in force Dec 31 58
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses i
Amount
2500 00
970 25
995 25
3076 70504
ComptrollerGenerals Eeport

CHEROKEE LIFE INSURANCE COMPANY OF ROME GEORGIA
W W Mangum President G K Henshall Secretary
Barry Wright Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 299841 99
4 Extended at 299541 99
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 27808 for first
years reinsurance ord 3335230 238100 10
19 Total premium income
20 Consideration for supplementary contracts not involving
life contingencies income certificates
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 companies and banks
32 Gross rent from companys property including 234000
for companys occupancy of its own buildings
238100 10
1025975 00
714 79
6336 46
8 45
4905 28
8536 35
33 Total gross interest and rents
34 From other sources Partial pay certs
35 Suspense items to be credited to various income accounts
37 Cash bonds agents
38 Bills payable
39
40 From agents balances previously charged off
20501 33
773 50
646 50
302 35
25000 00
745 09
283 85
43 Total income 1312327 72
IIIDisbursements
For death claims
Additions
104628 73
3250 00
3 Net amount paid for losses and matured endowments 107878 73
4 For annuities involving life contingencies sick benefit 3638 44
5 Premium notes and liens voided by lapse disability
claims 152 00ComptrollerGenerals Eeport
505
6 Surrender values paid in cash or applied in liquidation of
loans or notes 79 00
18 Paid certificate holders for interest or dividends 50003 64
19 Commissions to agents less commission on reinsurance
First years premiums 23118 60
20 Commuted renewal commissions on certificates 155868 66
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 177026 81
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 18783 93
23 Branch office expenses including salaries of managers
and clerks 13397 39
24 Medical examiners fees 2446532 inspection of risks
186889 total 26334 81
25 Salaries and all other compensation of officers directors
trustees and home office employees 32940 08
26 Kent including 234000 for companys occupancy of its
own buildings 6868 83
27 Advertising 625987 printing and stationery 1275800
postage telegraph telephone and express 143421
exchange 293074 office expenses 469005 total 28072 95
28 Legal expense not included in item 15 9164 79
29 Furniture fixtures and safes 2439 88
30 Repairs and expenses other than taxes on real estate 7351 05
31 Taxes on real estate 5010 48
32 State taxes on premiums 409 90
33 Insurance department licenses and fees 2492 68
34 All other licenses fees and taxes Cost of reinsuring
Rome Insurance Co and National Assurance Co 425679 04
38 Other disbursements Bills payable paid 4051521
exam and acturial fees 562333 fire insurance
26045 total 46398 99
45 Agents balances charged off 12743 60
48 Total disbursements 1155854 28
IVLedger Assets
1 Book value of real estate 26172 15
2 Mortgage loans on real estate first liens 19275 00
4 Loans made to policyholders on this companys policies
assigned as collateral 370 11
5 Premium notes on policies in force 2457 02
6 Book value of bonds 207721 00
7 Cash in companys office 937 01
8 Deppsits in trust companies and banks not on interest 43782 93
9 Deposits in trust companies and banks on interest 133510 50506
CompteolleeGeneeals Repobt
10 Bills receivable 75540 agents balances debit 13
38433 total
Outstanding nets
11 Amount due from Rome Ins Co secured
12 Total ledger assets
NonLedger Assets
14139 73
4724 40
3225 58
456315 43
13 Interest accrued on mortgages I
14 Interest due 43000 and accrued 4
66082 on bonds
15 Interest accrued on collateral loans
20 Eents due
434 37
5090 82
3041 76
749 00
21 Total interest and rents due and accrued
New Business Eenewals
25 Gross premiums due and
unreported on policies in
force Dec 31 1912 134 47 680 54
26 Gross deferred premiums
on policies in force Dec
31 1912 427 36 882 28
27 Totals
28 Deduct loading
561 83
337 09
29 Net amount of uncollected
and deferred premiums 224 74
30 All other assets Industrial premiums due
31 Furniture and fixtures
35 Gross assets
1562 82
156 28
9315 93
1406 54
1631 28
5221 68
8564 38
481048 72
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Agents debit balances gross
39 Cash advanced to or in the hands of offi
cers or agents
Bills receivable
Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
Overdue and accnied interest on bonds in
default Athens bank failed
40
41
42
8564 38
3384 33
853 04
755 40
2457 02
379 35
43
46
11
15
17
20
21
22
24
25
26
27
ComptrollerGenerals Eeport
Book value of ledger assets over market
value Bonds 6216 20
Total
Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 on the following tables of mor
tality and rates of interest viz
American Experience table at 3 per cent
on Cherokee Ordinary Business and all
intermediate and industrial business 58760 45
American Experience table at 4 per cent
on Borne Ins Ordinary Business 864 03
Total 59625 08
Deduct net value of risks of this company
reinsured in other solvent companies 371 70
Total
Reserve to provide for health and accident benefits con
tained in life policies
Net reserve i
Claims for death losses due and unpaid 5285 00
Claims for death losses and other policy
claims resisted by the company 2855 45
Total policy claimsS
Premiums paid in advance including surrender values so
applied
Unearned interest and rent paid in advance premiums
due on reinsurance
Commissions due to agents on premium notes when paid
cash bonds agent
Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon industrial busi
ness
Salaries rents office expenses bills and accounts due or
accrued
Medical examiners fees 284666 and legal fees 51163
due or accrued
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
507
32609 72
448439 00
59253 38
557 28
59810 66
8140 45
6196 34
243 95
302 35
5221 68
5441 78
3358 29
3000 00508 ComptrollerGenerals Eepoet
28 Advances by officers or others on account of expenses of
organization or otherwise agents credit balance 2155 47
29 Borrowed money interest thereon 137 00
30 Unpaid interest in certificate holders 48668 02
43 Total liabilities 142675 99
45 Unassigned funds surplus 30o763 01
46 Total 448439 00
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 20296 3379101 00
21 Policies in force December 3147803 8612327 00
CITIZENS NATIONAL LIFE INSURANCE COMPANY OF
ANCHORAGE KENTUCKY
Charles D Pearce President J W Peake Secretary
ICapital Stock
1 Amount of capital paid up
in cash 485145 00
2 Amount of ledger assets as per balance
December 31 of previous year 2286570 62
4 Extended at 2286570 62
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 213230 for first
years reinsurance
6 Surrender values applied to pay first
years premiums
7 Total first years premiums on original
policies
8 Dividends applied to purchase paidup
additions and annuities
12 Total new premiums 96388 45
96342 25
35 27
96377 52
10 93
ComptrollerGenerals Report
509
13 Renewal premiums without deduction for
commissions or other expenses less
1054185 for reinsurance on renewals
14 Dividends applied to pay renewal prem
iums
16 Surrender values applied to pay renewal
premiums
433584 88
45866 44
114 85
18
19
20
23
24
25
26
27
28
32
33
34
40
41
Total renewal premiums
Total premium income
Consideration for supplementary contracts not involving
life contingencies
Gross interest on mortgage loans
Gross interest on collateral loans
Gross interest on bonds and dividends on stocks
Gross interest on premium notes policy loans or liens
Gross interest on deposits in trust companies and banks
Gross interest on other debts due the company Stock
Notes 1st year premium notes etc
Gross rent from companys property
Total gross interest and rents
From other sources Inspection fees on mortgage loans
376986 interest on policy conversions 63413
premiums tendered with applications 37254 items
awaiting advices 38373 profit and loss stock sub
scriptions reed 88386 total
From agents balances previously charged off
Gross profit on sale or maturity of ledger assets viz
Real estate
479566 17
575954 62
6900 00
47143 70
6717 85
4670 84
31832 63
4356 64
3336 01
7670 00
105727 67
6044 12
215 71
55000 00
43 Total income 749842 12
IIIDisbursements
1 For death claims less 500000 reinsur
ance 324666 50
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
5 Premium notes and liens voided by lapse
6 Surrender values paid in cash or applied in liquidation of
loans or notes
7 Surrender values applied to pay new premiums 3527
to pay renewal premiums 11485 total
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
124666 50
145 15
25421 32
45755 46
150 12
821 53
45866 44510
ComptrollerGenerals Keport
12 Dividends applied to purchase paidup additions and an
nuities 10 93
14 Total paid policyholders 242837 45
15 Expense of investigation and settlement of policy claims 2677 79
16 Paid for claims on supplementary contracts not involving
life contingencies 531 2o
18 Paid stockholders for interest or dividends 364 33
19 Commissions to agents less commission on reinsurance
First years premiums 4961315 renewal premiums
870251 total 58315 66
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 45092 51
24 Medical examiners fees 1568850 inspection of risks
438415 total 20072 65
25 Salaries and all other compensation of officers directors
trustees and home office employees 89166 60
26 Rent including 767000 for companys occupancy of its
own buildings 9391 72
27 Advertising 392775 printing and stationery 4
39850 postage telegraph telephone and express
531046 exchange 59795 14034 66
28 Legal expense 6982 63
29 Furniture fixtures and safes 3650 42
30 Repairs and expenses other than taxes on real estate 645 64
31 Taxes on real estate etc 20020 07
32 State taxes on premiums 3457 16
33 Insurance department licenses and fees 3327 64
37 Home office traveling expenses 5627 49
38 Other disbursements Service contract commissions 34
50343 paid intermediate agents 1460300 misc home
omce expense 310088 policy conversion expense
31695 commissions on sale of Cos stock prior to
123110 49623 partial payments on stock 82
46112 total 135481 61
45 Agents balances charged off 1273 57
46 Gross loss on sale or maturity of ledger assets viz
Bonds 115 00
48 Total disbursements 663071 85
IVLedger Assets
1 Book value of real estate 194895 71
2 Mortgage loans on real estate first liens 765903 75
3 Loans secured by pledge of bonds stocks or other col
lateral 135350 00ComptrollerGenerals Eeport
511
4 Loans made to policyholders on this companys policies
assigned as collateral 409959 16
5 Premium notes on policies in force 213735 66
6 Book value of bonds 12523500 and stocks 9917500 224410 00
7 Cash in companys office 125 00
8 Deposits in trust companies and banks not on interest 39488 67
9 Deposits in trust companies and banks on interest 325050 66
10 Bills receivable 5787 agents balances debit 66
60907 credit 224466 net 6436441 64422 28
12 Total ledger assets 2373340 89
NonLedger Assets
13 Interest due 828881 and accrued 10
67990 on mortgages 18968 71
14 Interest accrued 120667 on bonds 120667
15 Interest due 259120 and accrued 2
43362 on collateral loans 5024 82
16 Interest accrued on premium notes policy
loans or liens 852 07
17 Interest accrued on other assets Deposits 448 39
20 Bents accrued on companys property 114 45
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25 Gross premiums due and accrued on
policies in force December 31 1912
26 Gross deferred premiums on policies in
force Dec 31 1912
57191 52
16800 93
27 Totals
28 Deduct loading
29 Net amount of uncollected and deferred
premiums
30 All other assets Nonledger policy liens
32 Furniture fixtures and supplies
33 Offset under death claims awaiting settle
ment
34 Postage on hand
35 Gross assets 2494373 95
73992 45 23199 76
I 50792 60 3225 41 15711 03
4581 08 81 28
26615 11
20026 46
Deduct Assets Not Admitted
36 Companys stock owned
37 Supplies stationery printed matter 4
73593 75512
ComptrolleBGenebals Report
72633 furniture fixtures and safes
1098470 total 1571103
38 Agents balances unsecured 62951 11
40 Bills receivable 57 87
41 Premium notes and loans on policies and
net premiums in excess of the net
value of their policies 2754 97
42 Overdue and accrued interest on loans in
default 1785 00
43 Book value of ledger assets over market
value viz Bonds 327750 deposits
1454556 loans 400000 total 21823 06
178676 79
46 Admitted assets 2315697 16
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed on the following
tables of mortality and rates of interest
viz
2 American Experience table at 3 per cent
on participating insurance issues of
1904 to 10 full continuous reserve
basis 2911800 first year preliminary
term basis 145372600 1482844 00
3 American Experience table at 3 per
cent on nonparticipating business
issues of 1908 to 12 full continuous
reserve basis 631600 modified prel
term basis res 2701100 first year
prel term basis 7478400 108111 00
4 Other tables and rates viz Beserve for
premium wavier in case of permanent
disability under regular life and endow
ment policies issues of 1910 to 12
see item 13 page 7 1092 00
Total 1592047 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 18291 00
8 Net reserve 1573756 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 14100 00ComptrollerGenerals Beport
513
12 Claims for death losses in process of ad
justment or adjusted and not due 16000 00
15 Claims for death losses and other policy
claims resisted by the company 1500 00
17 Total policy claims 17500 00
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 1485 04
20 Premiums paid in advance including surrender values so
applied 146 79
21 Unearned interest and rent paid in advance 12831 86
25 Salaries rents office expenses bills and accounts due or
accrued 1152 75
26 Medical axaminers fees 119000 and legal fees
31430 total 1504 30
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 6259 43
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and defer
red premiums 2846 44
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise service cont corns 30791 56
39 All other liabilities Unpaid reinsurance premiums 1
45301 items awaiting advices 95158 total 2404 59
43 Total
44 Capital stock
45 Unassigned funds surplus
1664778 76
485145 00
165773 40
46 Total 2315697 16
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 909 2918050 00
18 Policies on the lives of citizens of said State
issued during the year 474
19 Total 1383
20 Deduct ceased to be in force during the year 429
21 Policies in force December 31 954
23 Losses and claims incurred during year 6
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses
4374250 00
1464700 00
2909550 00
11000 00
61313 58514
ComptrollerGenerals Keport
THE COLUMBIA LIFE INSURANCE COMPANY OF OHIO
Felix G Cross President Semner M Cross Secretary
B F Reins Attorney for Service in Georgia
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 700853 44
4 Extended at
700853 44
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 212187 for first
years reinsurance
7 Total first years premiums on original
policies
8 Dividends applied to purchase paidup
additions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
10 Consideration for original annuities in
volving life contingencies
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 5
67763 for reinsurance on renewals
14 Dividends applied to pay renewal prem
iums
16 Surrender values applied to pay renewal
premiums
18 Total renewal premiums
45573 03
45573 03
14 34
94 17
100 00
122955 7S
6416 28
28 50
45781 54
129400 56
19 Total premium income 175182 10
21 Dividends left with the company to accumulate at interest 89413
23 Gross interest on mortgage loans 22611 51
24 Gross interest on collateral loans 1 986 28
25 Gross interest on bonds and dividends on stocks 4654 47
26 Gross interest on premium notes policy loans or liens 5610 58ComptrollerGeneral s Beport
27 Gross interest on deposits in trust companies and banks
28 Gross interest on other debts due the company Inst on
agents notes 210 inst on overdue mortgage inst
25133 total
32 Gross rent from companys property
33 Total gross interest and rents
34 From other sources Health and accident department
income
43 Total income
515
1160 36
253 43
140 00
36416 63
43426 82
255919 68
IIIDisbursements
1 For death claims less 1300000 reinsur
ance 52198 36
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
6 Surrender values paid in cash or applied in liquidation of
loans or notes
7 Surrender values applied to pay renewal premiums
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and an
nuities
13 Dividends left with the company to accumulate at
interest
14 Total paid policyholders
15 Expense of investigation and settlement of policy claims
16 Paid for claims on supplementary contracts not involving
life contingencies
17 Dividends and interest thereon held on deposit surren
dered during the year
19 Commissions to agents less commission on reinsurance
First years premiums 2407952 renewal premiums
594189 total
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks
24 Medical examiners fees 387605 inspection of risks
52198 36
85 56
5415 36
28 50
94 17
45 96
6416 28
14 34
894 13
65192 66
218 55
550 00
543 33
30021 44
3243 17
2583 54
2007 97
516
ComptrollerGenerals Report
848 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rents
27 Advertising 151998 printing and stationery 3
17434 postage telegraph telephone and express 1
50023 exchange 282 total
28 Legal expense not included in item 15
29 Furniture fixtures and safes
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Federal corporation
tax 20537 chattel tax 10481 total
38 Other disbursements Health and accident department
37686 28 discount on premiums in advance 4486
General expense 75598 investment expense 19318
traveling expense 312490 applications with prem
iums 60947 return premium liability 3300 total
45 Agents balances charged off
46 Gross loss on sale or maturity of ledger assets viz
Bonds
4264 53
27328 84
1500 00
6197 37
2560 50
661 40
253 45
379 68
310 18
42447 67
2356 96
1871 07
48 Total
disbursements 194492 28
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Bills receivable 158643 agents balances debit 16
86657 credit 231 net 1686426
11 Fire prem on invest loans 11700 com prem loans
4095694 furniture and fixtures 150000 total
15002 76
493507 27
30355 70
70223 59
65442 60
571 34
2394 49
23578 46
18450 69
42573 94
12 Total ledger assets
762280 84
NonLedger Assets
13 Interest due 341571 and accrued 7
57616 on mortgages
14 Interest accrued on bonds
10971 87
343 33ComptrollerGenerals Eepobt
607 11
136 38
15 Interest accrued on collateral loans
16 Interest accrued on premium notes policy
loans or liens
17 Interest accrued on other assets Bank
deposits 2142 commuted premium
loans 1025149 total
10272 91
21 Total interest and rents due and accrued g
22 Market value of real estate over book value
23 Market value of bonds and stocks over book value
25 Gross premiums due and unreported on
policies in force December 31 1912 39044 15
26 Gross deferred premiums on policies in
12131 15
force Dec 31 1912
27 Total
28 Deduct loading
51175 30
15859 75
29 Net amount of uncollected and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Agents debit balances gross
40 Loans on personal security bills receiv
able
1500 00
16866 57
1586 43
46 Admitted assets
517
22331 60
9997 24
66 30
35315 55
829991 53
810038 53
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Ohio Ins
Dept on the following tables of mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on Inter
State Assurance business issued during
1900 and 1901
2 American Experience table at 3V2 per
cent on Inter State Insurance Co busi
ness issued from Nov 1 1901 to August
13 1904
3 American Experience table at 3 per
cent on Columbia business issued from
1903 to date
105221 00
111045 00
359683 00518
ComptrollerGenerals Eepoet
Monthly premium business
Same for reversionary additions
5 Net present value of annuities including
those in reduction of premiums Am
erican Experience tables at 3J1 per
cent
Total
6 Deduct net value of risks of this company
reinsured in other solvent companies
7 Reserve to provide for health and accident
benefits contained in life policies
3038 00
14 00
580 00
584581 00
7472 00
369 50
T 577478 50
8 Net reserve
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Ohio Ins Dept 6386 78
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
3 1153 00
manded
13 Claims for death losses incurred for which
no proofs have been received 2550 00
15 Claims for death losses and other policy
claims resisted by the company 2000 00
16 Due and unpaid on annuity claims involv
ing life contingencies V00 00
i 9100 00
17 Total policy claims p
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 441 61
20 Premiums paid in advance including surrender values so
1069 62
applied
21 Unearned interest and rent paid in advance h
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon
25 Salaries rents office expenses bills and accounts due or
306 50
accrued
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
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
1054 80
ferred premiums
35 Eeserve special or surplus funds not included above
Health and accident department unearned premiums
55947 dividends unpaid 7352 agents depositsComptrollerGenerals Eepoht 519
3721 advance prem payments 110859 claims pend
ing est 227096 total 4050 45
39 All other liabilities Premiums with applications policies
not issued 1300 coupons to policyholders cr 7206 85 06
43 Total 603396 15
44 Capital stock 181439 48
45 Unassigned funds surplus 25202 90
46 Total 810038 53
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in
force December 31 of previous year 4 8500 00
18 Policies on the lives of citizens of said State
issued during the year 19 47000 00
19 Total 23 55500 00
20 Deduct ceased to be in force during the year 3 4000 00
21 Policies in force December 31 20 51500 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 647 25
THE COLUMBIAN NATIONAL LIFE INSURANCE CO BOSTON MASS
Arthur E Childs President Win H Brown Secretary
77 Franklin St Boston Mass
Alfred C Newell 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 7374984 65
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1130810 for first
years reinsurance 317577 35520 ComptrollerGenerals Eeport
6 Surrender values applied to pay first
years premiums 828 66
7 Total first years premiums on original
policies 318406 01
8 Dividends applied to purchase paidup
additions and annuities 42
9 Surrender values applied to purchase paid
up insurance and annuities 24154 40
10 Consideration for original annuities in
volving life contingencies 634 71
12 Total new premiums 343431 86
13 Renewal premiums without deduction for
commissions or other expenses less
1367783 for reinsurance on renewals 1484292 44
14 Dividends applied to pay renewal prem
iums 3704948
16 Surrender values applied to pay renewal
premiums 3184 51
17 Renewal premiums for deferred annuities 726 70
18 Total renewal premiums 1525253
19 Total premium income yt 1868691 0o
20 Consideration for supplementary contracts not involving
life contingencies 5091 17
1 Dividends left with the company to accumulate at
interest 2070 15
22 Ledger assets other than premiums received from
other companies for assuming their risks 1103 17
23 Gross interest on mortgage loans less
11640 accrued interest on mortgages
acquired during 1912 96217 38
25 Gross interest on bonds and dividends on
stocks less 562365 accrued interest
on bonds acquired during 1912 181736 99
26 Gross interest on premium notes policy
loans or liens 57277 04
27 Gross interest on deposits in trust com
panies and banks 6458 06
29 Gross interest on overdue premiums 272 10
30 Gross interest on real estate during con
struction 1587183
32 Gross rent from companys property 185 00
33 Total gross interest and rents 358019 00
34 From other sources Interest OBrien mortgage acct 75 46ComptbollebGeneeal s Eepoet
36 Accident and health department per statement
41 Gross profit on sale or maturity of ledger assets viz
Bonds
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
43 Total income
IIIDisbursements
1 For death claims 444 942 52
2 For matured endowments
15300 00
521
232465 06
6997 61
252 69
2474765 36
1
1 id
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
5 Premium notes and liens voided by lapse less 314282
restorations
6 Surrender values paid in cash or applied in liquidation of
loans or notes
7 Surrender values applied to pay new premiums 82866
to pay renewal premiums 318457
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and an
nuities
13 Dividends left with the company to accumulate at
interest
14 Total paid policyholders t
15 Expense of investigation and settlement of policy claims
including 171115 for legal expenses
16 Paid for claims on supplementary contracts not involving
life contingencies
18 Paid stockholders for interest or dividends
19 Commissions to agents less commission on reinsurance
First years premiums 12791646 renewal premiums
5443527 annuities original 4353
20 Commuted renewal commissions
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks
24 Medical examiners fees 3031250 inspection of risks
685497 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
460242 52
954 56
28250 23
203046 95
4013 23
24154 40
5657 27
37049 48
242 74
2070 15
765681 53
2874 88
1000 00
70000 00
182395 26
450 00
15015 63
137477 24
37167 47
119133 94522 CompteollebGenebals Kepobt
26 Kent
27 Advertising 626421 printing and stationery 15
30340 postage telegraph telephone and express 13
89639 exchange 55874
28 Legal expense not included in item 15
29 Furniture fixtures and safes
30 Repairs and expenses other than taxes on real estate
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Federal corporation
tax 162609 state and city licenses and fees 1
36917 personal property tax 4998 total
38 Other disbursements American Investment Securities Co
61 5000 home office expense 843032 Home
office traveling 639030 discount on premiums
paid in advance 18401 Com and expense acct Colo
Nat Consold Co 260791 accident and health dept
per statement 23761427 total
45 Agents balances charged off
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds
48 Total disbursements
IVLedger Assets
I Book value of real estate
2 Mortgage loans on real estate
4 Loans made to policyholders on this companys policies
assigned as collateral
Premium notes on policies in force of which 1618110
is for first years premiums
Book value of bonds 408428164 and stocks 90
98442 total
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
Agents balances debit 7973632 credit 187395
Jjt
II Contingent fund subject to draft by cashiers 208119
suspense 852334
Accident and health dept premiums in course of col
5
i
10
11
lection
12 Total ledger assets
NonLedger Assets
13 Interest due 493188 and accrued 25
40985 on mortgages
35940 55
36022 74
2400 02
3477 20
347 93
20775 33
6277 63
3045 24
316476 81
4537 53
8124 41
1768621 34
637497 74
1759894 53
1014570 68
122835 49
4175266 06
3739 88
1329 26
242555 1
77862 37
10604 53
34972 69
8081128 67
30341 73ComptrollerGenerals Keport
523
14 Interest accrued on bonds
16 Interest due 564676 and accrued 4
16211 on premium notes policy loans
or liens
17 Interest due 105372 and accrued
12576 on other assets
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1912
26 Gross deferred premiums on policies in
force Dec 31 1912
27 Total
28 Deduct loading
33033 55
9808 87
1179 48
213890 10
89642 80
303532 90
48423 07
74363 6a
29 Net amount of uneolleeted and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
255109 83
8410602 13
38 Agents debit balances gross j
39 Cash advanced to or in the hands of offi
cers or agents contingent funds
40 Loans on personal security endorsed or
not suspense
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 Real estate
44 Bonds and stocks
45 Accident and health premium in course of
collection written prior to Oct 1 1912
79736 32
2081 19
8523 34
25878 46
236 91
139299 06
2772 33
258527 61
46 Admitted assets 8152074 52
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Mass Ins
Dept on the following tables of mortal
ity and rates of interest viz
2 American Experience table at Z per
cent 6499848 00
Same for reversionary additions 4363 00524 ComptrollerGenerals Beport
5 Net present value of annuities including
those in reduction of premiums Am
erican Experience 3 per cent 21137 00
Total 6525348 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 10825 00
8 Net reserve 6514523 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the actuary 16057 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded W06 85
12 Claims for death losses in process of ad
justment or adjusted and not due 16197 00
13 Claims for death losses incurred for which
no proofs have been received 28095 82
15 Claims for death losses and other policy
claims resisted by the company 5000 00
i
17 Total policy claims O
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 2749 58
20 Premiums paid in advance including surrender values so
S 7879 63
applied
21 Unearned interest and rent paid in advance 18422 08
23 Commissions to agents due or accrued 129 43
25 Salaries rents office expenses bills and accounts due or
1 14150 60
accrued
6 Medical examiners fees 383600 and legal fees 91795
due or accrued 4753 9a
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 19642 01
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
3 33 36
ferred premiums
iS Reserved for death claims incurred in 1912 not reported
until 1913 H40460
39 All other liabilities Balance from sale at foreclosure
OBrien Mge 407487 accident and health Dept
per statement 14515693 total 149231 80
44 Capital stock 1000000 00
45 Unassigned funds surplus 33899 81
46 Total 8152074 52ComptrollerGenerals Report 525
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in force
December 31 of previous year 1829947 00
18 Policies on the lives of citizens of said State issued
during the year 1094512 00
19 Total 2924459 00
20 Deduct ceased to be in force during the year 497333 00
21 Policies in force December 31 2427126 00
22 Losses and claims unpaid Dec 31 of previous year 5000 00
23 Losses and claims incurred during year 15000 00
24 Total 20000 00
25 Losses and claims settled during the year in cash 5000 00
26 Losses and claims unpaid Dec 31 15000 00
27 Premiums collected or secured in cash and notes r
credits without any deduction for losses dividends
commissions or other expenses 64248 66
COMMERCIAL LIFE INSURANCE AND CASUALTY COMPANY
OF SAVANNAH GEORGIA
Win W Williamson President
ICapital Stock
Robert Arrin Secretary
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year
268845 02
4 Extended at 268845 02
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 546909 for first
years reinsurance 60926 20
12 Total new premiums
60926 20526
ComptrollerGenerals Report
13 Renewal premiums without deduction for
commission or other expenses less
141 for reinsurance on renewals 26792 52
18 Total renewal premiums
19 Total premium income
23 Gross interest on mortgage loans 3794 78
25 Gross interest on bonds and dividends on
stocks 9334 31
26 Gross interest on premium notes policy
loans or liens 137 48
27 Gross interest on deposits in trust com
panies and banks 1467 83
29 Miscellaneous interest 76 36
33 Total gross interest and rents
34 From other sources Borrowed money
40 From agents balances previously charged off
26792 52
87718 72
14810 76
25000 00
26 44
43 Total income 127562 67
IIIDisbursements
1 For death claims
3000 00
3 Net amount paid for losses and matured endowments 3000 00
5 Premium notes and liens voided by lapse 365 09
14 Total paid policyholders
15 Expense of investigation and settlement of policy claims
19 Commissions to agents less commission on reinsurance
First years premiums 4420030 renewal premiums
123325 total
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 supervision
23 Branch office expenses including salaries of managers
and clerks not included in item 21
24 Medical examiners fees 735350 inspection of risks
158756 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent
27 Advertising 91392 printing and stationery 269371
postage 70218 telegraph 45962 telephone and
express 14579 exchange 5039
3365 09
42 50
45433 55
971 13
8425 90
1011 20
8941 06
13876 61
1727 00
4965 01ComptrollerGenerals Keport
527
28 Legal expense
29 Furniture fixtures and safes
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Municipal License
fees 71525 municipal tax on premiums 2781
38 Books and subscriptions to journals 15434 Col of
renewal premiums other than corns 144189 trav
exp agents officers and employees 43805 interest on
borrowed money 57430 miscellaneous expense
27118 premiums on surety bonds 13905 total
45 Agents balances charged off
46 Gross loss on sale or maturity of ledger assets viz
Bonds
48 Total disbursements
IVLedger Assets
2 Mortgage loans
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Agents balances debit 962056 credit 5649 net
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1912
26 Gross deferred premiums on policies in
force Dec 31 1912

5370 22
2539 89
27 Total
28 Deduct loading
7910 11
1616 07
1065 00
443 75
304 92
987 60
743 06
3018 81
1941 88
887 55
98152 22
80250 00
591 38
2819 81
134 588 90
1844 26
17410 12
51186 93
9564 07
12 Total ledger assets 298255 47
NonLedger Assets
13 Interest accrued on mortgages 2032 73
14 Interest accrued on bonds 12 50
18 Interest accrued on certificates of deposit
various banks 600 87
2646 10
29 Net amount of uncollected and deferred premiums
30 All other asseTs Furniture and fixtures
6294 04
1863 99
oc Gross assets 309059 60

528 ComptrollekGenekals Repobt
Deduct Assets Not Admitted
37 Furniture fixtures and safes 1863 99
38 Agents debit balances gross 9620 56
41 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 670 91
12155 46
46 Admitted assets 296904 14
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed on the following
tables of mortality and rates of interest
viz
2 American Experience table at 3 per
cent on Modified preliminary terra 45346 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 2097 00
8 Net reserve 43249 00
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 6 75
20 Premiums paid in advance including surrender values so
applied 247 39
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 34 51
25 Salaries rents office expenses bills and accounts due or
accrued 2023 90
26 Medical examiners fees 48200 and legal fees 8333
due or accrued 565 33
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 167 01
29 Borrowed money 2500000 and interest thereon 24062 25240 62
43 Total 71534 51
44 Capital stock 200000 00
45 Unassigned funds surplus 25369 63
46 Total 296904 14ComptbolleeGeneeals Eepoet 529
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 560 1004000 00
18 Policies on the lives of citizens of said State
issued during the year 577 924355 00
19 Total 1137 1928355 00
20 Deduct ceased to be in force during the year 210 350 000 00
21 Policies in force December 31 927 1578355 00
23 Losses and claims incurred during the year 3 3 000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 48 666 90
THE CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF
HAETFORD CONNECTICUT
John M Taylor President William H Deming Secretary
Home Office No 31 Pearl Street Hartford Connecticut
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 67525444 67
4 Extended at 67525444 67
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 763160 42
6 Surrender values applied to pay first
years premiums 346 05
7 Total first years premiums on original
policies 763506 47
8 Dividends applied to purchase paidup
additions and annuities 51 70 84
9 Surrender values applied to purchase paid
up insurance and annuities 30330 27530 CompteolleeGenekals Eepokt
10 Consideration for original annuities in
volving life contingencies 26688 68
11 Consideration for supplementary contracts
involving life contingencies 2707 23
12 Total new premiums 828403 49
13 Renewal premiums without deduction for
commissions or other expenses 5000475 83
14 Dividends applied to pay renewal prem
iums 896628 70
16 Surrender values applied to pay renewal
premiums 1102 71
18 Total renewal premiums 5898207 24
19 Total premium income 6726610 73
20 Consideration for supplementary contracts not involving
life contingencies 6084 70
21 Dividends left with the company to accumulate at
interest 373554 85
23 Gross interest on mortgage loans 1582859 22
25 Gross interest on bonds and dividends on
stocks less 127861 accrued interest on
bonds acquired during 1912 1079189 52
26 Gross interest on premium notes policy
loans or liens 306957 71
27 Gross interest on deposits in trust com
panies and banks 38703 95
28 Gross interest on other debts due the com
pany On land contracts 4273938 on
delay prem paymts 370990 total 46449 2S
30 Bills rec 4932 dep cash payments in
real estate sales 6573 total 115 05
31 Gross discount on claims paid in advance 261 85
33 Total gross interest and rents 3260771 L5
eluding 3500000 for companys occu
pany of its own buildings 206234 57
33 Total pross interest and rents 3260771 15
34 From other sources unapplied payments on land con
tracts suspense acct 2135 00
41 Gross profit on sale or maturity of ledger assets viz
Real estate 14314195 bonds 17461 143316 56
42 Gross increase by adjustment in book value of ledger
assets viz Bonds 723
43 Total income 10538928 58CompteolleeGenebals Eepob
531
IIIDisbursements
1 For death claims 4459122 63
2 For matured endowments 401501 04
3 Net amount paid for losses and matured endowments 4860623 67
4 For annuities involving life contingencies 20930 38
5 Premium notes and liens voided by lapse less 700
restorations 181 00
6 Surrender values paid in cash or applied in liquidation of
loans or notes 1200563 62
7 Surrender values applied to pay new premiums 34605
to pay renewal premiums 110271 1448 76
8 Surrender values applied to purchase paidup insurance
and annuities 30330 27
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 318301 36
10 Dividends applied to pay renewal premiums 896628 70
12 Dividends applied to purchase paidup additions and an
nuities 5170 84
13 Dividends left with the company to accumulate at
interest 247788 11
14 Total paid policyholders 7581966 41
15 Expense of investigation and settlement of policy claims
including 100012 for legal expenses 1000 12
16 Paid for claims on supplementary contracts not involving
life contingencies 9818 71
17 Dividends and interest thereon held on deposit surren
dered during the year 255287 82
19 Commissions to agents less commission on reinsurance
First years premiums 28326035 renewal premiums
33293013 annuities original 53034total 616720 82
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 18976 85
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 12702 49
23 Branch office expenses including salaries of managers
and clerks not included in item 21 54891 80
24 Medical examiners fees 4926000 inspection of risks
987032 total 59130 32
25 Salaries and all other compensation of officers directors
trustees and home office employees 244451 73
26 Rents including 3500000 for companys occupancy of
its own buildings less 1500 received under sublease 61726 68
27 Advertising 286975 printing and stationery 32
04334 postage telegraph telephone and express
2948323 exchange 98775 total 65384 07532
ComptrollerGenerals Keport
28 Legal expense not included in item 15 5394 46
29 Furniture fixtures and safes 6229 22
30 Repairs and expenses other than taxes on real este 107748 90
31 Taxes on real estate 74917 24
32 State taxes on premiums 70892 80
33 Insurance department licenses and fees 5689 11
34 All other licenses fees and taxes Federal corporation
tax 2079823 state city and municipal 262774
reserve 1282515 franchise loans 13645484 17705 96
38 Other disbursements Suspense acct of Dec 31 1911
2424705 traveling expenses 1742138 recording
fees 28819 safe rent 1000 lock repairing
14771 fire insurance on office furniture 27725
clerk hire of fajm loan inspector 89000 total 43281 5S
46 Gross loss on sale or maturity of ledger assets viz
Beal estate 15367545 bonds 385527 total 157530 72
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds 16928 81
48 Total disbursements 9643376 62
IVLedger Assets
1 Book value of real estate 3548445 55
2 Mortgage loans on real estate first liens 31866720 75
4 Loans made to policyholders on this companys policies
assigned as collateral 5895034 04
5 Premium notes on policies in force 287361
6 Book value of bonds 2466484900 and stocks 842
45925 total 25507308 25
9 Deposits in trust companies and banks on interest 5713o8 72
10 Bills receivable 72500 agents balances debit 2
29068 credit 169446 net 59622 1321 22
11 Beal estate sold under land contract bal purchase price
Sup sched SO3440 7S
12 Total ledger assets 6S420996 63
NonLedger Assets
13 Interest due 2011777 and accrued
89160258 on mortgages 911720 35
14 Interest due 150300 and accrued 253
999 96 on bonds 255502 96
16 Interest due 14368550 and accrued
1101586 on premium notes and due
1046680 and accrued on policy loans
or liens 15168 16ComptrollerGenerals Eeport 533
18 Interest due 355804 and accrued 11
98342 on land contracts 15541 40
20 Rents due 145271 and accrued 5
51423 on companys property or lease 0966 94
21 Total interest and rents due and accrued 1354899 87
25 Gross premiums due and unreported on
policies in force December 31 1912 181355 07
26 Gross deferred premiums on policies in
force Dec 31 1912 579098 47
27 Totals 760453 54
28 Deduct loading 152090 71
29 Net amount of uncollected and deferred premiums 608362 83
35 Gross assets 70384259 33
Deduct Assets Not Admitted
38 Agents debit balances gross 2290 68
40 Bills receivable 725 00
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies approx
imated 2280 00
42 Overdue and accrued interest on bonds
in default 3006 00
43 Book value of ledger assets over market
value 987479 44
45 Total net admitted assets 99578112
46 Admitted assets 69388478 21
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 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
policies issued prior to April 1 1882
and all policies issued in exchange
therefor 18053928 00
2 American Experience table at 3 per cent
on all policies 45336809 00534
ComptbolleeGeneeals Eepoet
Same for reversionary additions 10778 00
5 Net present value of annuities including
those in reduction of premiums Give
tables and rates of interest viz Mc
Clintocks tables with 3 interest 221421 00
8 Net reserve 63622936 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company at 3 59003 20
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded or as is given by the custom of the com
pany 100374 23
11 Claims for death losses due and unpaid 42474 02
12 Claims for death losses in process of
adjustment or adjusted and not due 101481 00
13 Claims for death losses incurred for which
no proofs have been received 200991 00
14 Claimsl for matured endowments due and
unpaid 8723 00
15 Claims for death losses and other policy
claims resisted by the company 11000 00
16 Due and unpaid on annuity claims involv
ing life contingencies 541 15
17 Total policy claims 365210 17
19 Dividends left with the company to accumulate at
interest and accrued interest thereon 1701169 5o
20 Premiums paid in advance including surrender values
so applied 86109
21 Unearned interest and rent paid in advance 139610 92
25 Salaries rents office expenses bills and accounts due
oraccrued 2300 00
26 Medical examiners fees 1220000 and legal fees
175400 due or accrued inspection of risks 97484 14928 84
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 80000 00
31 Dividends or other profits due polieyholders including
those contingent on payment of outstanding and de
9 228 84
ferred 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 Mu3 9241
42
45
17
19
20
21
22
23
24
25
26
27
ComptrollerGenerals Report 535
Suspense account unapplied payments on loan contracts 21355 00
Supplementary agreements i 1700 83
Total 66308342 59
Unassigned funds surplus 3080135 62
Total 66308342 59
Business in the State of Georgia During the Year
Policies on the lives of citizens of said State in
No Amount
force December 31 of previous year 826 2020957 00
Policies on the lives of citizens of said State
issued during the year 232 511835 00
Total 1058 2532792 00
No Amount
Deduct ceased to be in force during the year 91 165842 00
Policies in force December 31 967 2366950 00
Losses and claims unpaid December 31 of pre
vious year 2 10000 00
Losses and claims incurred during year 19 29731 00
Total 21 39731 00
No Amount
Losses and claims settled during the year in
cash 15 22347 00
Losses and claims unpaid December 31 6 17384 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 77911 18
THE COSMOPOLITAN LIFE INSURANCE COMPANY OF ATLANTA
GEOEGIA
James O Wynn President W L Pomeroy Secretary
Home Office Third National Bank Bldg Atlanta Ga
Explanatory Note
This company was not in existence on December 31 1912 and this
report is made as of date of April 26 1913 the day on which this applica
tion for license is made and wherever herein the words and figures
Dec 31 1912 appear they shall be understood and taken to mean
April 26 1913536 ComptrollerGenerals Eeport
ICapital Stock
1 Amount of capital paid up in cash 125918 00
4 Extended at
IVLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
6 Book value of bonds 18123000 and stocks 20000
at par
9 Deposits in trust companies and banks on interest
10 Bills receivable Old company 13747862 new com
pany 1350000 total
11 Deferred payment for stock represented by subscriptions
125918 00
137285 00
5000 00
181430 00
60552 87
150978 62
76200 00
12 Total ledger assets 611446 49
NonLedger Assets
13 Interest due 193167 and accrued 2
43190 on mortgages
14 Interest due and accrued on bonds
15 Interest due and accrued on collateral
loans
18 Interest due and accrued on deposits in
banks
4363 57
4371 54
397 50
399 18
21 Total interest and rents due and accrued
30 All other assets viz Furniture fixtures and stationery
9531 79
7500 00
35 Gross assets 628478 28
Deduct Assets Not Admitted
43 Book value of ledger assets over market value viz
Bills receivable and unpaid stock subscriptions 227
17862 furniture fixtures and stationery 750000
total 234678 62
46 Admitted assets
Liabilities Surplus and Other Funds
25 Salaries rents office expenses bills and accounts due
or accrued
393799 66
1500 00ComptrollerGeneral s Report
29 Borrowed money 5943169 and interest thereon 19727
total
35 Reserve special or surplus funds not included above
Balance due to Insurance Commissioner on purchase of
assets of Cosmopolitan Life Insurance Company as to
which he still holds part of the assets of said Cosmo
politan Life Insurance Company as security
43 Total
44 Capital stock
45 Unassigned funds surplus
46 Total liabilities 393799 66
537
59628 96
107667 48
168796 44
125918 00
99085 22
EMPIRE LIFE INSURANCE COMPANY OF ATLANTA GEORGIA
Wm W Reid President S H Rogers Secretary
Principal Office Atlanta Georgia
Wm A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 281787 50
2 Amount of ledger assets as per balance
March 5 1912 1225594 85
3 Increase of capital during the year 180390 00
4 Extended at 1405984 85
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 159546 for first
years reinsurance 100296 36
7 Total first years premiums on original
policies 100296 36
8 Dividends applied tn purchase paid up
additions and annuities 382 62
12 Total new premiums 100678 98
13 Renewal premiums without deduction for
commissions or other expenses less 7
78642 for reinsurance on renewals 391880 19538 ComptrollerGenerals Report
14 Dividends applied to pay renewal prem
iums 55799 24
16 Surrender values applied to pay renewal
premiums 404 95
18 Total renewal premiums
19 Total premium income S
21 Dividends left with the company to accumulate at
interest
23 Gross accrued interest on mortgages ac
quired during 1912 70 13
24 Gross interest on collateral loans S76 90
25 Gross accrued interest on bonds acquired
during 1912 16300 00
26 Gross interest on premium notes policy
loans or liens 19168 90
27 Gross interest on deposits in trust com
panies and banks 283 52
28 Gross interest on other debts due the com
pany viz Bills receivable 1841 65
33 Total gross interest and rents
34 From other sources viz Premium on stock sold 229
18375 profit and loss items recovered 72573 total
43 Total income
IIIDisbursements
1 For death claims less 178000 reinsur
ance 64965 52
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
5 Premium notes and liens voided by lapse
6 Surrender values paid in cash or applied in liquidation
of loans or notes
7 Surrender value applied to pay new premiums
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and
annuities
13 Dividends left with the company to accuniulato at
interest
Sick and accident claims
14 Total paid policyholders
448084 3S
548763 36
843 25
38541 10
229909 48
S18057 19
64965 52
21175 00
42473 60
26903 49
404 95
462 27
55799 24
382 62
843 25
2149 39
216566 43ComptrollerGenerals Report
539
15 Expense of investigation and settlement of policy claims
including 29500 for legal expense
19 Commissions to agents less commission on reinsurance
First years premiums 7637708 renewal premiums
2717142 total
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks
24 Medical examiners fees 952451 inspection of risks
160358 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including 367752 for companys occupancy of its
own buildings
27 Advertising 328088 printing and stationery 4
52792 postage telegraph telephone and express
74387 exchange 23212 total
28 Legal expense
31 Taxes on real estate and other assets
32 State taxes on premiums and city
33 Insurance department licenses and fees
34 All other licenses fees and taxes viz Federal cor
poration tax 176670 interest 216355 claims
against Empire Life Insurance Co 6467375 salary
and expenses on stock sales 1088686 traveling ex
pense 50049 examination by insurance department
136445 acturial expense 60350 miscellaneous ex
pense 142114 income certificates of Empire Life
Insurance Co redeemed 7352875 commissions stock
sales 706668 total
48 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to polieyholders on this companys policies
assigned as collateral
Liens
5 Premium notes on policies in force
6 Book value of bonds 10596750 and stocks 399
29333 total
564 33
103548 50
2750 00
1231 83
4834 50
11128 09
29092 73
3677 52
8784 79
500 00
1485 48
1493 51
503 00
160045 62
549129 48
809 70
18456 55
14945 63
274647 93
227460 09
39620 26
505260 83540
ComptrollekGenerals Report
Cash in companys office 7717 57
Deposits in trust companies and banks not
on interest 36949 24
Deposits in trust companies and banks on
interest 397088 52
10
11
12
13
14
15
16
17
21
23
25
26
27
28
29
Total cash items 441755 33
Bills receivable 13684361 agents balances debit
2021481 credit 274809 net 1746672 total 154310 33
Purchase money notes 1089514 furniture and fixtures
1352241 accounts receivable 1261765 total 37035 20
Total ledger assets 1714301 85
NonLedger Assets
Interest due and accrued
Interest due and accrued on bonds
Interest due and accrued on collateral
loans
Interest due and accrued on premium notes
policy loans or liens
Interest due and accrued on other assets
Interest on purchase money notes 1
57430 certificates of deposit 463831
bills receivable 564663 total
2230 26
2020 00
413 98
388 97
11859 24
Total interest and rents due and accrued
Market value not including interest in item 14 of
bonds and stocks over book value
New Business Renewals
Gross premiums due and
unreported on policies in
force December 31 1912
less reinsurance premi
ums 12758 58 26493 58
Gross deferred premiums
on policies in force De
cember 31 1912 less re
insurance premiums 1299 62 10744 74
Totals 14058 20 37238 32
Deduct loading 8606 96 7447 67
Net amount of uncolleeted
and deferred premiums 5451 24 29790 65
16912 45
193172 50
35241 89
35 Gross assets 1959628 69CoMPTEOLLEBGrENEEAL s REPORT
Deduct Assets Not Admitted
511
37 Supplies stationery printed matter furni
ture fixtures and safes 13522 41
38 Commuted commissions agents debit bal
ances gross 20214 SI
39 Accounts receivable 12617 65
40 Bills receivable and interest 142490 24
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 19005 14
Total 207850 25
46 Admitted assets 1751778 44
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1912 1052968 89
6 Deduct net value of risks of this company
reinsured in other solvent companies 9042 35
8 Net reserve 1043926 54
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 71066 31
12 Claims for death losses in process of ad
justment or adjusted and not due 20000 00
15 Claims for death losses and other policy
claims resisted by the company 10916 00
17 Total policy claims 30916 00
19 Dividends left with the company to accumulate at inter
est and accrued interest thereon 1850 35
20 Premiums paid in advance including surrender values
so applied 2441 52
21 Unearned interest and rent paid in advance 9674 28
22 Commissions due to agents on premium notes when paid 1311 21
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 562 49
25 Salaries rents office expenses bills and accounts due
or accrued 1275 24
26 Medical examiners fees 696 50
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 7501 38542 ComptrollerGenerals Report
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 416
35 Reserve special or surplus funds not included above
36 Survivorship bonus fund
37 Special contract dividends 18963 22
38 Sick and accident claims in process
40 Reinsurance premiums not due 3So1 96
41 Bills and accounts payable and discounted 36842 44
Total 1235153 64
Capital stock 28178750
43 Surplus Inc stock notes 369761 90
Gross surplus 651549 40
44 Stock notes not admitted 134924 60
45 Unassigned funds net surplus 516624 80
46 Total 1751778 44
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State
in force March 5 1912 8396 16372250 00
18 Policies on the lives of citizens of said State
issued during the year 1705 3049750 00
19 Total 10101 1942200000
20 Deduct ceased to be in force during the year 2372 4052250 00
21 Policies in force December 31 7729 15369750 00
22 Losses and claims unpaid March 5 1912 4 7916 00
23 Losses and claims incurred during year 49 90745 52
24 Total 9860152
25 Losses and claims settled during the year in
cash 67745 52
26 Losses and claims unpaid December 31 3 8 30916 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commission or other expenses 481635 43ComptbolleeGeneeal s Keport
543
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED
STATES CITY OF NEW YORK N Y
W A Day President W Alexander Secretary
Home Office 320 Broadway New York City N Y
Frank W Burr Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year496510231 01
4 Extended at 496510231 01
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 17102325 for first
yenr s reinsurance 5029671 74
6 Surrender values applied to pay first years
premiums 7821 56
7 Total first years premiums on original
policies 5037493 30
8 Dividends applied to purchase paidup
additions and annuities 1152093 90
10 Consideration for original annuities involv
ing life contingencies 897529 12
11 Consideration for supplementary contracts
involving life contingencies 398269 18
12 Total new premiums 7485385 50
13 Renewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less
47701421 for reinsurance dn renewals 45237762 49
14 Dividends applied to pay renewal prem
iums 2035783 53
16 Surrender values applied to pay renewal
premiums 36329 20
17 Renewal premiums for deferred annuities 36018 09
18 Total renewal premiums 47345893 31
19 Total premium income 54831278 81544
ComptrollerGenerals Eeport
to accumulate at
20 Consideration for supplementary contracts not involv
ing life contingencies
21 Dividends left with the company
interest
23 Gross interest on mortgage loans less
534349 accrued interest on mortgages
acquired during 1912 4667585 28
24 Gross interest on collateral loans 122 22
25 Gross interest on bonds and dividends on
stocks less 19045800 accrued interest
on bonds acquired during 1912 12233923 38
26 Gross interest on premium notes policy
loans or liens 3686253 21
27 Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the Soci
ety viz Agents balances 7686452
extended premiums 8010148 overdue
interest on bond and mortgage loans
241778 bonus for privilege of pre
payment of bond and mortgage loans
605859 surrender values refunded
697329 overdue rents 1000 total
31 Gross discount on claims paid in advance
32 Gross rent from companys property in
cluding 9854126 for companys occu
pancy of its own buildings 1027751 30
304386 10
1 72425 66
7519 76
240584 39
141578 10
33 Total gross interest and rents 22099966 91
35 Rent deposits
36 Deposits on account of insurance
37 Fire insurance indemnity fund
39 Profits on Unclaimed accounts 117065 tdrseount
on supplies 95727 fees for assignments 32967
Tefund on taxes 1904 Russia 69515 policy claim
recoveries 59716 sale of furniture 19500 rents
recovered 89900 total
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Real estate 5114 bonds 3734000 stocks 223
94182 total 261332 96
42 Gross increase by adjustment in book value of ledger
assets viz Bonds including 18969800 for ac
crual of discount
13048 37
7750 00
484390
8029 51
189698 00
43
Total income 77803980 51ComptrollerGenerals Report
545
HIDisbursements
1 For death claims less 394500 reinsur
ance 2015370215 additions 388
31575 total 20542017 90
2 For matured endowments 896108808
additions 3666739 total 8997755 47
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 7
82156 to pay renewal premiums 3632920 total
9 Dividends paid to policyhblders 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
annuities
13 Dividends left with the company to accumulate at
interest
29539773 37
1271774 10
11843817 20
44150 76
9817306 85
2035783 53
1152093 90
141578 10
14
15
16
17
18
19
20
21
22
23
24
25
26
Total paid policyholders d
Expense of investigation and settlement of policy
Claims including 1429107 for legal expenses
Paid for claims on supplementary contracts not involv
ing life contingencies
Dividends and interest thereon held on deposit surrender
during the year
Paid stockholders for interest or dividends
Commissions to agents less commission on reinsurance
First years premiums 225001241 renewal prem
iums 268767150 annuities original 4131042
renewal 380065 total
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 super
visors except compensation for home office super
vision
Branch office expenses including salaries of managers
and clerks not included in item 2
Medical examiners fees 28310411 inspection of risks
8799376 total
Salaries and all other compensation of officers directors
trustees and home office employees
Rent including 6809771 for companys occupancy of
its own buildings
55846277 81
14291 07
261807 54
24382 89
7000 00
4982794 98
73590 07
127692 39
335226 23
1298524 85
371097 87
1424402 21
177698 83546 ComptrollerGenerals Eeport
27 Advertising 7548504 printing and stationery 104
18327 postage telegraph telephone and express
7541260 exchange 69294 total 255773 85
28 Legal expense not included in item 15 63899 48
29 Furniture fixtures and safes 88823 3
30 Repairs and expenses other than taxes on real estate 283863 11
31 Taxes on real estate 161976 7S
32 State taxes on premiums 570208
33 Insurance department licenses and foes 26124 il
34 All other licenses fees and taxes viz On surplus and
reserve 2952106 on securities 1465490 on in
come 3062880 stamp taxes 400557 licenses and
fees 1491815 total J3 4S
35 Federal corporation tax 208557 16
38 Other disbursements viz Traveling expenses 57
08837 conventions and meetings 4560419 premiums
on fidelity bonds 415249 legislative expenses 5
63795 association of life insurance presidents 14
99559 examination and audits 2752294 safe keep
ing of securities 1246108 fire insurance on furni
ture 665991 investors agency and financial news
reports 50786 election expenses 484429 investi
gation of agents cashiers etc 48939 books sub
scriptions etc 428830 water ice laboratory and
other office supplies 306533 medicoactuarial in
vestigation 175168 mortgage expenses 169680
premiums on employees insurance 122873 miscel
laneous expenses 268929 total 194684 19
1 Q 11s 0
40 Foreign exchange
41 Interest on policy claims 10394 i 4
42 Fire insurance indemnity fund 120603 0
43 Disbursements on account of fire in addition to above 56381 59
II Losses policy claims 364069 vents 752843 total 11169 12
15 Agents balances charged off 276585 16
46 Gross loss on sale or maturity of ledger assets viz
t j 3457 00
Bonds
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 59997201 bonds includ
ing 35697000 for amortization of premium 653
15100 stocks 5000000 total 1303123 01
48 Total disbursements 68693258 1 1
IVLedger Assets
1 Book value of real estate 29008032 44
2 Mortgage loans on real estate first liens 98885046 91ComptrollerGenerals Report 547
3 Loans secured by pledge of bonds stocks or other col
lateral 100000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 77890952 55
6 Book value of bonds 27356602300 and stocks 17
47153200 total 291037555 Q0
i Cash in companys offices 59 648 79
8 Deposits in trust companies and banks not
on interest 993 375 g
9 Deposits in trust companies and banks on
interest 6461764 56
Total cash items g go0 9gg 3
10 Bills receivable 396164 agents and other balances
debit 133819454 credit 7964987 net 1258
54467 supplies 3486243 total 1297368 74
11 Cash in transit 58l709 21
12 Total ledger assets 505620953 41
NonLedger Assets
13 Interest due 15289491 and accrued
55491416 on mortgages 707809 07
14 Interest due 1175646 and accrued 3
74063835 on bonds 3 752 395 3
15 Interest accrued on collateral loans 1375 00
16 Interest due 21328582 and accrued
3955358 on policy loans total 252839 40
17 Interest due 2133687 and accrued 8
18917 on other assets deposits total 29526 04
20 Rents due 12325407 and accrued 10
21167 on companys property or lease
totaI 133465 74
21 Total interest and rents due and accrued 4877 410 56
25 Gross premiums due and unreported oh
policies in force December 31 1912 3502986 84
26 Gross deferred premiums on policies in
force December 31 1912 less rein
surance premiums 2 871 414 12
Totals 6374400 96
28 Deduct loading 2350 1497 9g4 23
29 Net amount of uncollected and deferred premiums 4876 416 73
35 Gross assets 515374780 70
548 ComptrollerGenerals Report
Deduct Assets Not Admitted
37 Supplies stationery printed matter 34862 43
38 Agents and other debit balances gross 1338194 54
40 Bills receivable 3961 64
43 Book value of ledger assets over market
value viz Stocks 678560 80
Total 2055579 41
46 Admitted assets 513319201 29
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1912 as computed by the actu
ary on the following tables of mortality
and rates of interest viz
1 Actuaries Table at 4 on issues to 1900 160379189 Oft
Same for reversionary additions 4942012 00
Total 165321201 00
2 American Experience Table at 3 on
issues 1898 to 1906 10506130 00
Total 10506130 00
3 American Experience Table at 3 on
issues 1895 to 1912 229381297 00
Same for reversionary additions 1115125 00
Total 230496422 00
4 Other tables and rates viz Joint Life
prior to 1898American Experience
Table at 4 301709 00
Childs Endowments and Survivorship
Assurance prior to 1898Carlisle Ex
perience at 4 52330 00
Childs Endowments Annual Premium
18981906Carlisle Experience at 3y2 96690 00
Childs Endowments Single Premium
18981906Peerage Experience at 3 21908 00
Joint Life 18981906Hm Table at 3 203709 00
Semi Tropical 19101912 SesquiAmerican
at 3 602062 00
Tropical 19101912Double American
at 3 156269 00ComptrollerGenekals Repobt 549
Survivorship Assurance 1906Carlisle
Experience at 3 12070 00
Same for reversionary additions Joint
LifeAmerican Experience at 4 5241 00
Total 1451988 00
5 Net present value of annuities including
those in reduction of premiums
Regular arid Deferred to 1898Actu
aries Experience at 4 1991404 00
Two Life to 1898Hm Table at 4 143522 00
Survivorship to 1898Carlisle Experience
at 4 31547 00
All Annuities 18981912McClintoeks
Table at 3 8030499 00
Supplementary contracts from 3 poli
cies American Experience Table at
3 917139 00
Supplementary contracts from 3 poli
cies American Experience at 3 1423729 00
Total 12537840 00
Total 420313581 00
6 Deduct net value of risks of this company reinsured
in other solvent companies 1 448 549 qo
Total 418864932 00
7 Reserve to provide for health and accident benefits
contained in life policies 278 00
8 Net reserve paid for basis 418866210 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Society 2400777 00
10 Liability on policies cancelled and not included in
net reserve upon which a surrender value may
be demanded 69922 29
11 Claims for death losses due and unpaid 20889 77
12 Claims for death losses in process of ad
justment or adjusted and not due 126139 94
13 Claims for death losses incurred for which
no proofs have been received 1861546 00
14 Claims for matured endowments due and
unpaid 509041 59
lo Claims for death losses and other policy
claims resisted by the company 182928 00550
YoiptbollebGenebals Kepoet
16 Due and unpaid on annuity claims involv
ing life contingencies 30620 40
17 Total policy claims 2731165 70
18 Due and unpaid on supplementary contracts not involv
4 419 98
ing life contingencies J
19 Dividends left with the company to accumulate lat
interest and accrued interest thereon 334883 34
20 Premiums paid in advance including surrender values
so applied 285554 23
21 Unearned interest and rent paid in advance 1742889 72
23 Commissions to agents due or accrued 124066 54
25 Salaries rents office expenses bills and accounts due
or accrued 127329 77
26 Medical examiners fees 1957423 and legal fees
2828644 due or accrued 47S60 67
27 Estimated amount hereafter payable for federal State
and other taxes including those based upon the busi
ness of the year of this statement 890549 98
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 9 I3S9Q 16
32 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1913
whether contingent upon the payment of renewal
premiums or otherwise 3980000 00
33 Dividends declared on or apportioned to deferrd divi
dend policies payable to policyholders during 1913 9689600 00
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not in
cluded in item 33 63811572 00
35 Reserve special or surplus funds not included above
36 Reserve for unreported death losses 450000 00
37 Fire insurance indemnity fund 123 12
38 Deposits on account of insurance 258219 88
39 All other liabilities Mre relief fund 11434 86
44 Capital stock 100000 00
qnassigned funds surplus 6415532 05
46 Total 513319201 29
Business in the State of Georgia During the Year
No
Amount
17 Policies on the lives of citizens of said Stale in
force December 31 of previous year 6671 14118412 00ComptrollerGenerals Repobt 551
18 Policies on the lives of citizens of said State
issued during the year 795 1489799 00
19 Total 7466 15608211 00
20 Deduct ceased to be in force during the year 563 1 219 701 00
21 Policies in force December 31 6903 14388510 00
22 Losses and claims unpaid December 31 of pre
vious year 4 8936 46
23 Losses and claims incurred during year 109 273881 70
24 Total 113 1 282818 16
25 Losses and claims settled during the year in cash 99 230976 30
26 Losses and claims unpaid December 31 14 51841 86
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 471622 39
THE FIDELITY MUTUAL LD7E INSURANCE COMPANY OF
PHILADELPHIA PENNSYLVANIA
L G Fouse President chas G Hodge Secretary
J II Byrley Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 24089942 12
4 Extended at 4 94 ygg gr
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 131521 for first
years reinsurance 450 315 35
6 Surrender values applied to pay first
years premiums 787 55
7 Total first years premiums on original
policies 451102 91
8 Dividends applied to purchase paidup
additions and annuities 30 750 66
9 Surrender values applied to purchase paid
up insurance and annuities 1501 34

552
CompteolleeGenebals Eepobt
665 82
11 Consideration for supplementary contracts
involving life contingencies
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 7
11322 for reinsurance on renewals 4178774 52
14 Dividends applied to pay renewal prem
iums
15 Dividends applied to shorten the endow
ment or premiumpaying period
16 Surrender values applied to pay renewal
484020 73
premiums
17 Renewal premiums for deferred annuities
5534 76
4788 30
3815 02
18 Total renewal premiums
19 Total premium income
20 Consideration for supplementary contracts not involving
life contingencies
21 Dividends left with the company to accumulate at
interest
23 Gross interest on mortgage loans less
571375 accrued interest on mortgages
acquired during 1912f
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks less 322355 accrued interest
on bonds and dividends during 1912
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
29 Deferred premiums
30 Agents balances
32 Gross rent from companys property in
eluding 4000000 for companys occu
pancy of its own buildings
4352168 37
4836189 10
35342 33
9846 44
443786 17
8195 79
352645 31
383867 77
7805 21
11660 20
9161 62
95176 06
33 Total gross interest and rents 1312298 H
34 rrom otheT sources policy fees
41 Gross profit on sale or maturity of ledger assets viz
Real estate 59474 bonds 1180914 total
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
12403 88
6988 42
43 Total income
6213199 30ComptbolleeGeneeals Eepoex
55
HIDisbursements
1 For death claims 151463909 additions
10884065 total 1623479 74
2 For matured endowments 3781354 ad
ditions 7260 total 37 886 14
10
11
12
13
Xet amount paid for losses and matured endowments
For annuities involving life contingencies
Surrender values paid in cash or applied in liquidation of
loans or notes g
Surrender values applied to pay new premiums 78756
to pay renewal premiums 478830
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 shorten the endowment or premium
paying period
Dividends applied to purchase paidup additions and an
nuities
Dividends left with the company to accumulate at
interest
1661365 88
16019 92
627993 10
5575 86
1501 34
25402 54
159255 77
5534 76
30750 66
9846 44
14 Total paid policyholders
15 Expense of investigation and settlement of policy claims
including 226836 for legal expenses
16 Paid for claims on supplementary contracts not involving
life contingencies
17 Dividends and interest thereon held on deposit surren
dered during the year
19 Commissions to agents less commission on reinsurance
First years premiums 19257996 renewal premiums
17996545 total
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks
24 Medical examiners fees 2991405 inspection of risks
1312231 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including 4000000 for companys occupancy of
its own buildings less 78485 received under sublease
27Advertising 999530 printing and stationery 2733486
postage telegraph telephone and express 2019590
2543246 27
3619 70
33985 32
2548 65
372545 41
3700 00
26610 24
88439 62
43036 36
172976 68
68558 44
57526 06554
ComptrollerGenerals Eeport
28 Legal expense not included in item 15
29 Furniture fixtures and safes
30 Bepaira 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 Ml other licenses fees and taxes Federal corporation
tax 998073 municipal licenses 122283 personal
property tax 4202774 total
38 Other disbursements Examination by Penn Dept 88500
miscellaneous expenses 960662 total
44 Miscellaneous investment expense
46 Gross loss on sale or maturity of ledger assets viz
Bonds
47 Gross decrease by adjustment in booh value of ledger
assets viz Bonds
11457 74
3798 94
53984 36
12947 99
73207 11
6720 17
48 Total disbursements
53231 30
10491 62
287 70
43 89
3338 14
3646301 71
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
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force of which 7658309
is for first years premiums
6 Book value of bonds 718096345 and stocks 174
41800 total
7 Cash in companys office
9 Deposits in trust companies and banks on interest
10 Bills receivable 2777587 agents balances debit
41048235 credit 784137 net 40264098
12 Total ledger assets
1340268 81
9265999 64
201292 86
7260373 01
442061 42
7355381 45
567 14
360478 53
430416 85
26656839 71
NonLedger Assets
13 Interest due 3975512 and accrued
15317393 on mortgages 192929 0a
14 Interest accrued on bonds 115268 89
15 Interest due 20765 and accrued 99799
collateral loans i208 64
16 Interest due 1501241 and accrued 59
15116 on premium notes policy loans or
liens
20 Rents due 38733 on companys property
or lease
74163 57
387 33ComptrollerGenerals Eepoet
555
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25 Gross premiums due and unreported on
policies in force Dec 31 1912 229942 64
26 Gross deferred premiums on policies in
force December 31 1912 306 751 58
27 Total
28 Deduct loading

536694 22
106327 52
383954 48
56294 69
29 Net amount of uncollected and deferred premiums 430 366 70
35 Gross assets 27527455
Deduct Assets Not Admitted
38 Agents debit balances gross 410482 35
40 Bills receivable 27 775 87
41 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 92 271 26
43 Book value of ledger assets over market
value viz Bonds and stocks 332119 45
45 Total
32648 93
46 Admitted assets 26664806 65
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Pa Ins Dept
on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on all
policies issued prior to Jan 1 1901 5943573 00
2 American Experience table at 3 per cent
on all policies issued since Jan 1 1901
except as specified in item 3 1908
1912 select and ultimate 12269625 00
Same for reversionary additions 59948 00
3 American Experience table at 3 per cent
on special 20 point policies issued since
Oct 1904 in lieu of old policies also
regular limited point policies issued
since Jan 1 1907 1908 1912 select and
ultimate 4591608 00556
ComptrollerGenerals Eeport
5 Net present value of annuities including
those in reduction of premiums Me
Clintock 3 per cent 90689 00
American 3 per cent 62944 00
Total 23018387 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 4064 00
23014323 00
8 Net reserve
9 Present value of amounts not yet due on supplementary
contract not involving life contingencies computed
by the company 400209 32
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
7984 69
manded
12 Claims for death losses in process of ad
justment or adjusted and not due 23563 10
13 Claims for death losses incurred for which
no proofs have been received 193081 00
15 Claims for death losses and other policy
claims resisted by the company 28282 10
17 Total policy claims 244926 20
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 1280 00
19 Dividends left with the company to accumulate at interest
and accrued interest thereon 26601 11
20 Premiums paid in advance including surrender values
so applied 1790046
21 Unearned interest and rent paid in advance 131785 00
22 Commissions due to agents on premium notes when paid 12943 77
25 Salaries rents office expenses bills and accounts due or
accrued 4099 80
26 Medical examiners fees 9100 00
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 74334 41
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 12137 90
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 229717 08
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 16560 86ComptrollerGenerals Report 557
34 Amounts set apart apportioned provisionally ascertain
ed calculated declared or held awaiting apportion
ment upon deferred dividend policies not included in
ltem 33 1523293 98
45 Unassigned funds surplus 937 609 07
46 Total 26664806 65
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 1846 3686479 00
18 Policies on the lives of citizens of said State
issued during the year 270 697136 00
19 Total 2116 4383615 00
20 Deduct ceased to be in force during the year 264 450 790 00
21 Policies in force December 31 1852 3932825 00
22 Losses and claims unpaid Dec 31 of previous
year 1 1000 00
23 Losses and claims incurred during year 21 29 229 40
24 Total 22 30229 40
25 Losses and claims settled during the year in
eash 19 27723 60
26 Losses and claims unpaid Dec 31 3 2 505 80
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 137 699 45
THE FRANKLIN LIFE INSURANCE COMPANY OF SPRINGFIELD
ILLINOIS
Edgar S Scott President
Henry Abels Secretary
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 5596967 54
4 Extended at 5596967 54
558
ComptrollerGenerals Report
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 135032 for first
years reinsurance
6 Surrender values applied to pay first
years premiums
7 Total first years premiums on original
policies
8 Dividends applied to purchase paidup
additions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
11 Consideration for supplementary contracts
involving life contingencies
215849 26
139 2
215988 48
38 75
29091 67
4000 00
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 6
18072 for reinsurance on renewals 1095677 45
Dividends applied to pay renewal prem
iums
Surrender values applied to pay renewal
premiums
249118 90
II
16
23175 68
24 00
18 Total renewal premiums 1118877 13
19 Total premium income
21 Dividends left with the company to accu
late at interest
23 Gross interest on mortgage loans
24 Gross interest on collateral loans
Lr Gross interest on bonds
1367996 03
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the
company Int on quarterly and semi
annual premiums
354 32
165319 51
1113 8 19
29712 31
67953 18
527 76
11922 62
33 Total gross interest and rents
40 From agents balances previously charged off
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
286553 57
1085 45
8 76ComptrollebGeneeal s Eepokt
559
Stocks
43 Total ineome
1655998 13
7252905 67
IIIDisbursements
1 For death claims 37153153 additions
3118038 total 402711 91
2 For matured endowments 317 700 00
3 Xet amount paid for losses and matured endowments
4 For annuities involving life contingencies
5 Premium notes and liens voided by lapse less 708079
restorations
6 Surrender values paid in cash or applied in liquidation of
loans or notes
7 Surrender values applied to pay new premiums 13922
to pay Tenewal premiums 2400
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 pajT renewal premiums
12 Dividends applied to purchase paidup additions and an
nuities
13 Dividends left with the company to accumulate at
interest
720411 91
275 64
25116 66
188653 85
163 22
29091 67
67612 21
23175 68
38 75
354 32
14 Total paid policyholders j
15 Expense of investigation and settlement of policy claims
16 Paid for claims on supplementary contracts not involving
life contingencies
17 Dividends and interest thereon held on deposit surren
dered during the year
18 Paid stockholders for interest or dividends
19 Commissions to agents less commission on reinsurance
First years premiums 11917341 renewal premiums
6825956
21 Compensation of managers and agents not paid by com
mission for service in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
24 Medical examiners fees 1570896 inspection of risks
804501 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Bent
1054893 91
2046 63
550 00
18 62
5000 Kl
87432 97
47197 71
24239 01
23753 97
95555 63
8551 67

560
ComptrollerGeneral s Report
27 Advertising 438361 printing and stationery 11
17973 postage telegraph telephone and express 7
41880 exchange 181085
28 Legal expense not included in item 15
29 Furniture fixtures and safes
31 Taxes on real estate
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Federal corporation
tax 119358 investment tax 1512714 misc
local licenses and fees 25728 total
38 Other disbursements Traveling expenses 324692 in
vestment expenses 53740 miscellaneous expense
823577 total
45 Agents balances charged off
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds
24792 99
1510 99
2836 10
244 36
12399 52
4306 44
16578 00
12020 09
7650 48
126 00
48 Total disbursements 1531175 09
IVLedger Assets
1 Book value of real estate
Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans and liens made to policyholders on this companys
policies
5 Premium notes on policies in force of which 2916922
is for first years premiums
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Agents balances debit 5817730 credit 3846i06
not 5633124
164585 00
2893250 00
239600 00
53669 71
659973 54
1032 49
115761 23
73008 51
56331 24
12 Total ledger assets 5721260 58
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest accrued on premium notes policy
loans or liens
17 Interest accrued on other assets
21 Total interest and rents due and accrued
72108 46
10409 58
3127 0
1511 01
75 13
87232 11ComptrollerGenerals Eepoet
23 Market value of bonds and stocks over book value
25 Gross premiums due and unreported on
policies in force Dec 31 1912 75612 21
26 Gross deferred premiums on policies in
force Dec 31 1912 69977 15
561
7847 82
27 Total
28 Deduct loading
145589 36
29220 65
29 Net amount of uncolleeted and deferred premiums 116368 71
35 Gross assets 5932709 27
Deduct Assets Not Admitted
38 Commuted commissions agents debit
balances 58177 30
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 24125 66
82302 96
46 Admitted assets
5850406 31
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on Ihe 31 day of Dec
1912 as computed by the Illinois Ins
Dept on the following tables of mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on busi
ness issued prior to July 1 1907 3916088 00
2 American Experience table at 3 peT cent
on business issued since July 1 1907 759208 00
Same for reversionary additions 158 00
5 Net present value of annuities including
those in reduction of premiums Ac
tuaries 4 per cent and American 3 per
cent 5753 00
Total 4681207 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 3365 00
7 Reserve to provide for health and accident
benefits contained in life policies 825 00

3 Net reserve 4678j667 00562 CompteolleeGeneeals Eepoet
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 9732 00
13 Claims for death losses incurred for which
no proofs have been received 29449 70
14 Claims for matured endowments due and
unpaid 300000
15 Claims for death losses and other policy
claims resisted by the company 2244 oO
17 Total policy claims 34694 20
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 100 00
19 Dividends left with the company to accumulate at interest
and accrued interest thereon 125 17
90 Premiums paid in advance including surrender values
rlq 7399 12
so applied
21 Unearned interest and rent paid in advance 16190 98
22 Commissions due to ageuts on premium notes when paid 13192 41
23 Commissions to agents due or accrued 3747 20
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 789 93
25 Salaries rents office expenses bills and accounts due or
1985 82
accrued
26 Medical examiners fees 56600 and legal fees 15850
due or accrued
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 30626 26
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 3852 8
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
20399 64
otherwise
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 62122 82
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies 467921 7o
35 Reserve special or surplus funds not included above
9321 32
Trust fund
39 U1 other liabilities Fund held for special class of
111418 44
policies
100000 00
44 Capital stock
45 Unassigned funds surplus 276261 87
46 Total 5850406 3ComptrollerGenerals Eeport 563
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 1933 2962628 00
18 Policies on the lives of citizens of said State t
issued during the year 155 315355 00
19 Total 2088 3277983 00
20 Deduct ceased to be in force during the year 249 392975 00
21 Policies in force Dec 31 1839 2885008 00
22 Losses and claims unpaid Dec 31 of previous
year 4 9998 48
23 Losses and claims incurred during year 9 n 325 98
24 Total 13 21324 46
25 Losses and claims settled during the year
in cash 1905433 by compromise 2563 12 19079 96
26 Losses and claims unpaid Dec 31 1 2 244 50
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 85 637 26

THE GERMANIA LIFE INSURANCE OF NEW YORK
Cornelius Doremus President Carl Heye Secretary
Alexander C King 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 45701511 04
4 Extended at 45701511 04
IIIncome

5 First years premiums on original policies
without deduction for commissions or
other expenses less 224482 for first
years reinsurance
721864 82564 ComptrollerGenerals Report
8 Dividends applied to purchase paidup
additions and annuities 61739 89
9 Surrender values applied to purchase paid
up insurance and annuities 118588 25
10 Consideration for original annuities in
volving life contingencies 33218 16
11 Consideration for supplementary contracts
involving life contingencies 168 51
12 Total new premiums 935579 63
13 Renewal premiums without deduction for
commissions or other expenses less 18
34953 for reinsurance on renewals 4595040 03
14 Dividends applied to pay renewal prem
iums 390548 76
17 Renewal premiums for deferred annuities 110 38
18 Total renewal premiums 4985699 17
19 Total premium income 5921278 80
20 Consideration for supplementary contracts not involving
life contingencies 10993 lo
21 Dividends left with the company to accumulate at
interest 3908 21
23 Gross interest on mortgage loans 1247688 92
25 Gross interest on bonds and dividends on
stocks less 590334 accrued interest
on bonds acquired during 1912 393286 46
26 Gross interest on premium notes policy
loans or liens 278809 46
27 Gross interest on deposits in trust com
panies and banks 10345 69
29 Interest on advances to agents 492 38
31 Gross discount on claims paid in advance 74 62
32 Gross rent from companys property in
cluding 47746 90 for companys occu
pancy of its own buildings 294044 20
33 Total gross interest and rents 2224741 73
34 From other sources Policy fees 264324 recovered
on deficiency judgment on account of real estate taken
under foreclosure 85000 total 3493 24
41 Gross profit on sale or maturity of ledger assets viz
Bonds 1656 60
42 Gross increase by adjustment in book value of ledger
assets viz Bonds 2795 19
43 Total income 8168866 92
COMPTKOLLERGrENERAIis EePORT
565
IIIDisbursements
1 For death claims less 5542500 reinsur
ance 160146827 additions 19
57296 total 1621041 23
2 For matured endowments 152654269
additions 1517412 total 1541716 81
3 Net amount paid for losses and matured endowments 3162758 04
4 For annuities involving life contingencies 41 824 04
6 Surrender values paid in cash or applied in liquidation of
loans or notes 785182 42
8 Surrender values applied to purchase paidup insurance
and annuities 118588 25
9 Dividends paid to policyholders in cash or applied in
liquidation of loans and notes 375 083 61
10 Dividends applied to pay renewal premiums 390548 76
12 Dividends applied to purchase paidup additions and an
Mities 61739 89
13 Dividends left with the company to accumulate at in
terest 3908 21
14 Total paid policyholders 4939633 22
15 Expense of investigation and settlement of policy claims
including 119495 for legal expenses 589 20
16 Paid for claims on supplementary contracts not involving
life contingencies 7 221 54
17 Dividends and interest thereon held on deposit surren
dered during the year gg7 10
18 Paid stockholders for interest and dividends 24 000 00
19 Commissions to agents less commission on reinsurance
First years premiums 28259550 renewal premiums
22495560 annuities original 73194 renewal
443 total 508287 47
20 Commuted renewal commissions 2 950 00
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 103034 47
23 Branch office expenses including salaries of managers
and clerks not included in item 21 250 427 10
24 Medical examiners fees 4870779 inspection of risks
704741 total 55755 20
25 Salaries and all other compensation of officers directors
trustees and home office employees 216 460 84
26 Bent including 4774690 for companys occupancy of
its own buildings 47 745 90
27 Advertising 1342277 printing and stationery 22
40594 postage telegraph telephone and express 40
37816 exchange 298347 total 79190 34
566 ComptrollerGenerals Report
28 Legal expenses not included in item 15 1633 66
29 Furniture fixtures and safes 8349 69
30 Repairs and expenses other than taxes on real estate 113313 62
31 Taxes on real estate 659 47
32 State taxes on premiums 53519 61
33 Insurance department licenses and fees 5511 04
34 All other licenses fees and taxes Federal corporation
tax 1992343 municipal licenses and fees 131676
miscellaneous fees publications etc 134213 22582 32
38 Other disbursements Insurance papers 154590 office
repairs 64710 Ice laundry and lunches 108077
association dues 268098 office supplies 596233
Sundries 577900 total 17702 0
45 Agents balances charged off 8899 83
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 4910000 bonds 083222 55932 22
48 Total disbursements 6576286 98
IVLedger Assets
1 Book value of real estate 4336935 33
2 Mortgage loans on real estate first liens 27229459 20
4 Loans made to policyholders on this companys policies
assigned as collateral 5256633 21
6 Book value of bonds 10017648 63
7 Cash in company s office 1256 63
8 Deposits in trust companies and banks not on interest 54337 33
9 Deposits in trust companies and banks on interest 397820 61
12 Total ledger assets 47294090 98
NonLedger Assets
13 Interest due 311308 and accrued 448
10691 on mortgages 451219 99
14 Interest duo 810038 and accrued 135
50756 on bonds 143607 94
16 Interest due 962600 and accrued 21
50043 on premium notes policy loans or
liens 31126 43
20 Rents due 361703 on companys prop
erty or lease 3617 03
21 Total interest and rents due and accrued 629571 39
25 Gross premiums due and unreported on
policies in force December 31 1912 738519 00ComptrollerGeneral s Report
567
26 Gross deferred premiums on policies in
force December 31 1912
27 Total
28 Deduct loading 25 per cent
568977 00
1307496 00
326874 00
29 Net amount of uneollected and deferred premiums 980 622 00
35 Gross assets 48904284 37
Deduct Assets Not Admitted
43 Book value of ledger assets over market value Bonds 698 423 00
46 Admitted assets 48205861 37
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the New York
Ins Dept on the following tables of
mortality and rates of interest viz
2 American Experience table at 3 per
cent on all policies issued prior to Jan
1 1910 except policies issued through
the Home Department subsequent to
Dec 31 1901 and prior to Jan 1 907
and 5 per cent bold bond policies 32537158 00
Same for reversionary additions 450811
3 American Experience table at 3 per cent
on all policies issued subsequent to Dec
31 1909 and policies included in the
exceptions above 7509176 00
Same for reversionary additions 14034 00
5 Net present value of annuities including
those in reduction of premiums
American Table of Mortality with 3 per
cent interest 29730600 McClintocks
Annuitant Table of Mortality with 3
per cent interest 14074800 American
Table of Mortality with 3 per cent
interest 674500 total 444799 00
Total 40955978 00
6 Deduct net value of risks of this company
reinsurance in other solvent companies 68006 00
8 Net reserve 40887972 00
568
ComptrolleeGenebals Report

9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
11 Claims for death losses due and unpaid 37178 52
12 Claims for death losses in process of ad
justment or adjusted and not due 21603 07
13 Claims for death losses incurred for which
no proofs have been received 138030 53
14 Claims for matured endowments due and
unpaid 43054 47
15 Claims for death losses and other policy
claims resisted by the company 2281 74
16 Due and unpaid on annuity claims involv
ing life contingencies 2999 83
17
19
20
21
23
25
26
27
31
32
33
34
35
Total policy claims
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
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise
Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913
Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33
Reserve special or surplus funds not included above
Extra reserve for absolute war and world policies
and other liabilities
66774 88
9197 30
245148 16
14691 74
18510 25
68961 72
1446 58
7548 35
3348 00
57388 04
151548 26
505350 00
104032 71
3127802 54
172993 10ComptrollerGenerals Eepopt 569
44 Capital stock 200000 00
45 Unassigned funds surplus 1963147 69
46 Total 48205861 37
m
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 814 1284987 20
18 Policies on the lives of citizens of said State
issued during the year Ill 193000 00
19 Total 925 1477987 20
20 Deduct ceased to be in force during the year 70 117932 00
21 Policies in force Dec 31 855 1360055 20
23 Losses and claims incurred during year 9 15044 65
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expefises 43679 38
GEORGIA LITE INSURANCE COMPANY OF MACON GEORGIA
W E Small President L A Shepherd Secretary
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
3 Error in uncollected casualty premiums
756346 69
1323 40
4 Extended at
757670 09
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 71158 for first
years reinsurance 36656 74
13 Renewal premiums without deduction for
commissions or other expenses less 2
18037 for reinsurance on renewals 54513 97
570
ComptrollerGexeral s Report
2039 40
14 Dividends applied to pay renewal prem
iums
18 Total renewal premiums
19 Total premium income
23 Gross interest on mortgage loans
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks
26 Gross interest on premium notes poliey
loans or liens
27 Gross interest on deposits in trust com
panies and banks
32 Gross rent from companys property in
cluding 296000 for companys occu
pancy of its own buildings
6158 06
37 42
5760 00
243 50
1244 12
32469 S7
33 Total gross interest and rents
34 From other sources Miscellaneous income 6121
agents miscellaneous accounts 34516 income
casualty department 33691024 increase in valua
tion of building 11309313 total
40 From agents balances previously charged off
1 For death claims less 500000 reinsur
ance
11860 00
56553 37
93210 11
45912 87
450428 57
646 28
43 Total income 590179 00
IIIDisbursements
3 Net amount paid for losses and matured endowments 11860 00
4 For annuities involving life contingencies 1494 57
8 Surrender values applied to purchase paidup insurance
and annuities 1998 89
10 Dividends applied to pay renewal premiums 2039 10
15 Expense of investigation and settlement of policy claims
including 50000 for legal expenses 643 10
19 Commissions to agents less commission on reinsurance
First years premiums 2536028 renewal premiums
196483 total 27325 11
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 5218 00
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 33S9 21
21 Medical examiners fees 562400 inspection of risks
100200 total 6526 00CoMPTROLLERGtENERAEs BePORI
571
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including 247500 for companys occupancy of its
own buildings
27 Advertising 245231 printing and stationery 335025
postage telegraph telephone and express 211507
exchange 23819 total
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 Federal corporation
tax
38 Other disbursements Examination by Ins Dept 1
25765 general H O expense 329273 Dis casualty
department 283364 71 total
45 Agents balances charged off
48 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
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
6 Book value of bonds 13478568 and stocks 56
00000 total
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Agents balances debit
10i Premiums in course collection eas Dept
11 Advance on contract bonds secured
12 Total ledger assets
24582 79
2475 00
8155 82
38 50
328 25
13952 60
6376 11
727 82
593 50
22 29
287915 09
3041 46
408705 81
375000 00
113134 88
2125 00
1482 06
190785 68
3115 57
68353 69
39645 47
3062 38
139717 59
2720 96
939143 28
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
2227 43
100 00
31 32572 ComptrollerGenerals Report
17 Interest accrued on other assets 199 67
20 Bents on companys property or lease 3274 84
21 Total interest and rents due and accrued 5833 26
25 Gross premiums due and unreported on
policies in force Dec 31 1912 4797 89
26 Gross deferred premiums on policies in
force December 31 1912 820 89
27 Total 5618 78
28 Deduct loading 983 29
29 Net amount of uncollected and deferred premiums 4635 49
35 Gross assets 944612 03
Deduct Assets Not Admitted
38 Agents debit balances gross 3062 38
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 387 03
43 Book value of ledger assets over market
value viz Bonds 6625 68
44 Premiums over 90 days past due Cas
dept 25305 02
46 Admitted assets 914231 92
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the company on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 3 per cent on all
business
Same for reversionary additions 77115 92
Total 77115 92
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 1645 88
7 Beserve to provide for health and accident
benefits contained in life policies 452 05
8 Net reserve 75922 09ComptrollerGenerals Eeport 573
13 Claims for death losses incurred for which
no proofs have been received 4500 00
15 Claims for death losses and other policy
claims resisted by the company 4000 00
17 Total policy claims 8500 00
20 Premiums paid in advance including surrender values
so applied 277 65
21 Unearned interest and rent paid in advance 46 78
25 Salaries rents office expenses bills and accounts due
or accrued 732 00
26 Medical examiners and legal fees 82 00
Due or accrued 3505 38
32 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1913
whether contingent upon the payment of renewal
premiums or otherwise 3674 34
39 All other liabilities Liabilities casualty department 248505 34
41 Suspense accounts dept 345 16
44 Capital stock 500900 00
45 Unassigned funds surplus 71741 18
46 Total 914231 92
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 1322 2287135 00
18 Policies on the lives of citizens of said State
issued during the year 718 1304490 00
19 Total 2040 3591625 00
20 Deduct ceased to be in force during the year 589 945950 00
21 Policies in force December 31 1451 2645675 00
22 Losses and claims unpaid December 31 of pre
vious year 4 8500 00
23 Losses and claims incurred during year 7 18500 00
24 Total 11 27000 00
25 Losses and claims settled during the year in
cash 1686000 by compromise 164000
total 8 18500 00
26 Losses and claims unpaid December 31 3 8500 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 60144 70574 ComptrollerGenerals Eepoet
home life insurance company of new york n y
George E He President Henry E Ide Secretary
Home Office 256 Broadway New York City N Y
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 125000 00
2 Amount of ledger assets as per balance
December 31 of previous year 25982130 55
4 Extended at 25982130 55
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 4018186 for first
years reinsurance
449932 25
7 Total first years premiums on original
policies 449932 25
8 Dividends applied to purchase paidup
additions and annuities 309045 37
8 Matured endowments applied to pur
chase paidup additions 4481 56
10 Consideration for original annuities in
volving life contingencies 21552 50
11 Consideration for supplementary contracts
involving life contingencies 9494 69
12 Total new premiums 794506 37
13 Renewal premiums without deduction for
commissions or other expenses less 41
04032 for reinsurance or renewals 3049189 76
14 Dividends applied to pay renewal pre
miums 162515 55
16 Surrender values applied to pay renewal
premiums 52 09
17 Renewal premiums for deferred annuities 17034 74
18 Total renewal premiums 3228792 14
19 Total premium income 4023298 51
20 Consideration for supplementary contracts not involv
ing life contingencies 9055 00ComptrollerGeneral s Report 575
21 Dividends left with the company to accumulate at
interest 10442 49
23 Gross interest on mortgage loans 350137 02
25 Gross interest on bonds and dividends on
stocks less 870492 accrued interest
on bonds acquired during 1912 599598 52
26 Gross interest on premium notes policy
loans or liens 239379 98
27 Gross interest on deposits in trust com
panies and banks 4646 07
29 Interest on agents advances and from
out of town banks 2187 69
31 Gross discount on claims paid in advance 200 22
32 Gross rent from companys property in
cluding 3000000 for companys occu
pancy of its own buildings 98576 22
33 Total gross interest and rents 1294725 72
35 Received from bank balances previously charged off 47 10
41 Gross profits on sale or maturity of ledger assets viz
Bonds 29205 stocks 1361757 total 13909 62
42 Gross increase by adjustment in book value of ledger
assets viz Bonds including 785431 for accrual
of discount 7854 31
43 Total income 5359332 75
IIIDisbursements
1 For death claims less 230000 rein
surance 1063066U3 additions
24100 total 1063307 13
2 For matured endowments 28936800
additions 23645516 total 525823 16
3 Net amount paid for losses and matured endowments 1589130 29
4 For annuities involving life contingencies 46637 08
6 Surrender values paid in cash or applied in liquidation
of loans or notes 788543 59
7 Surrender values applied to pay renewal premiums 52 09
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 30693 67
10 Dividendsapplied to pay renewal premiums 162515 51
12 Dividends applied to purchase paidup additions and
annuities 309045 37
13 Dividends left witli the company to accumulate at
interest 10442 49
14 Total paid policyholders 2937060 13
576 ComptrollerGenerals Report
15 Expense of investigation and settlement of policy
claims including 7500 for legal expense 181 15
16 Paid for claims on supplementary contracts not involv
ing life contingencies 22598 29
17 Dividends and interest thereon held on
deposit surrendered during the year 2298 42
18 Paid stockholders for interest or dividends 15000 00
19 Commissions to agents less commission on reinsurance
First years premiums 18026003 renewal pre
miums 21659181 annuities original 100788
renewal 125197 total 399111 69
20 Commuted renewal commissions 692 00
22 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 35367 25
23 Branch office expenses including salaries of managers
and clerks not included in item 21 88778 75
24 Medical examiners fees 2523184 inspection of risks
406824 total 29300 08
25 Salaries and all other compensation of officers directors
trustees and home office employees 182456 76
26 Rent including 3000000 for companys occupancy of
its own buildings 30000 00
27 Advertising 1498813 printing and stationery 12
66237 postage telegraph telephone and express
809397 exchange 36890 total 36113 37
28 Legal expense not included in item 15 4100 00
29 Furniture fixtures and safes 5824 94
30 Repairs and expenses other than taxes on real estate 37244 S8
31 Taxes on real estate 18199 20
32 State taxes on premiums 48447 62
33 Insurance department licenses and fees 8421 96
34 All other licenses fees and taxes viz Federal cor
poration tax 739118 tax on reserves 242863
total 9819 81
38 Other disbursements viz Traveling expenses of offi
cers and home office employees 181695 medfco
actuarial mortality investigation 184709 legisla
tive and other expenses paid through Association of
Life Insurance Presidents 146920 investment ex
penses rent of vault etc 112469 miscellaneous
expenses 461238 total 10870 31
46 Gross loss on sale or maturity of ledger assets viz
Bonds 18987 75
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 6138140 bonds includCoMPTBOLLEBGrENEKAL s REPOttT 577
ing 1169539 for amortization of premiums 11
69539 total 73076 79
48 Total disbursements
IVLedger Assets
1 Book value of real estate 1500000 00
2 Mortgage loans on real estate first liens 7109125 00
4 Loans made to policyholders on this companys policies
assigned as collateral 3483596 64
5 Premium notes on policies in force of which 1603766
is for first years premiums 601 264 20
6 Book value of bonds 1292195700 and stocks 1332
03257 total 14253989 57
8 Deposits in trust companies and banks not
on interest 67879 45
9 Deposits in trust companies and banks
on interest 300414 38
Total cash items
10 Agents balances debit 1144258 credit 19867
net
12 Total ledger assets
368293 83
11243 91
27327513 15
NonLedger Assets
13 Interest accrued on mortgages 28566 18
14 Interest accrued on bonds 179014 57
16 Interest due 1365772 and accrued
29236 on premium notes policy loans
or liens 13950 08
18 Banks and trust companies 500 00
20 Bents due 248250 and accrued 2
08333 on companys property or lease 4565 83
21 Total interest and rents due and accrued
New Business Renewals
25 Gross premiums due un
reported on policies in
force December 31
1912 less reinsurance
premiums 3607 53 202727 60
226596 66
578 ComptbollebGbnebals Kepoet
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 39311 99 269511 29
27 Totals 42919 52 472238 89
28 Deduct loading 9344 51 111305 02
29 Net amount of uncollected
and deferred premiums 33575 01 360933 87 394508 88
35 Gross assets 27948618 69
Deduct Assets Not Admitted
38 Agents debit balances gross 11442 oS
43 Book value of ledger assets over market
value viz Bonds 3522200 stocks
13402257 total 169244 57
Total 180687 15
46 Admitted assets 27767931 54
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
New York Insurance Department on the
following tables of mortality and rates
of interest viz
1 Actuaries table at 4 per cent on life
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 inclusive 11107807 00
Same for reversionary additions 258411 00
Total 11366278 00
2 American Experience table at 3 per
cent on same classes as above issues
of 19011907 inclusive 9006570 00
Same for reversionary additions 2320150 00
Total 11326720 00CoMPTROLLEKGrENERALs KePORT ifffiQ
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 18941912 inclusive 1877540 00
Same for reversionary additions 5 327 00
3rtal 188286700
5 Net present value of annuities including those in re
duction of premiums Actuaries table at per cent
169S5100 American Experience table at 3 per
cent 23132800 McClintocks table at 3 par
cent 15487200 total f 556Q51 m
Total 25131916 00
6 Deduct net value of risks of this company reinsured
in other solvent companies 164 257 00
8 Net reserve paid for basis 24967659 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 245987 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be
demanded 3986 59
12 Claims for death losses in process of ad
justment or adjusted and not due 2459 95
13 Claims for death losses incurred for which
no proofs have been received 86978 50
14 Claims for matured endowments due and
unPaid 33110 34
15 Claims for death losses and other policy
claims resisted by the company 5 000 00
17 Total policy claims j 4J
19 Dividends left with the company to accumulate at inter
est and accrued interest thereon 28 187 48
20 Premiums paid in advance including surrender values
so aPPied 25640 46
21 Unearned interest and rent paid in advance 120 468 85
23 Commissions to agents due or accrued 8 336 24
25 Salaries rents office expenses bills and accounts due
or accrued 200 00
26 Medical examiners fees 80000 and legal fees 2
13800 due or accrued total 2 938 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 55 gjj gy580 CoMPTROLLEBGENERAIiS REPORT
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
13563 91
ferred premiums
32 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1913
whether contingent upon the payment of renewal
premiums or otherwise 1
35 Reserve special or surplus funds not included above
Reserve for death claims not reported December 31
1912 1500
43 Total 25725027 99
i I I 125000 00
44 Capital stock
45 Unassigned funds surplus l9Kaud o
46 Total 2776793154
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 611 1573401 00
18 Policies on the lives of citizens of said State
issued during the year 2 4009o3
19 Total 763 1974354 75
20 Deduct ceased to be in force during the year 62 1349o0
21 Policies in force December 31 701 1839404 00
No Amount
23 Losses and claims incurred during year 10 20086 To
10 20086 75
24 Total
25 Losses and claims settled during the year m
9 iyuo to
cash
26 Losses and claims unpaid December 31 1 l00 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 5563 88CompteollebGteneeal s Report 581
illinois life insurance company of chicago illinois
James W Stevens President Osward J Arnold Secretary
Principal Office 105 W Monroe St Chicago Illinois
J C Tumlin Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 8232741 49
3 Increase of capital during the year 400000 00
4 Extended at 8632741 49
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1386051 for first
years reinsurance 448646 23
7 Total first years premiums on original
policies 448646 23
8 Dividends applied to purchase paidup ad
ditions and annuities 4221 05
9 Surrender values applied to purchase paid
up insurance and annuities 19666 91
12 Total new premiums 472 534 19
13 Eenewal premiums in addition to items
14 16 and 17 without deduction for
commissions or other expenses less 25
80376 for reinsurance on renewals 1517607 08
18 Total renewal premiums 1 517 607 08
19 Total premium income 1990141 27
23 Gross interest on mortgage loans less
275006 accrued interest on mortgages
acquired during 1912 72808 60
24 Gross interest on collateral loans 71537 32
25 Gross interest on bonds and dividends on
stocks less 210190 accrued interest
on bonds acquired during 1912 126408 26
26 Gross interest on premium notes policy
loans or liens 92659 33582
ComptrollerGenerals Keport
27 Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the com
pany viz Sundry
30 Interest on deferred premiums
31 Gross discount on claims paid in advance
32 Gross rent from companys property
3359 15
3708 08
18109 33
49
58064 75
33 Total gross interest and rents
41 Gross profit on sale or maturity of ledger assets viz
Stocks
42 Gross increase by adjustment in book value of ledger
assets viz Real estate 31200000 bonds includ
ing 30780 for accrual of discount 2309343 stocks
30204500 total
446655 31
25302 96
637138 43
43 Total income 3099237 97
IIIDisbursements
1 For death claims less 500000 reinsur
ance 56881839 additions 15
40475 total
2 For matured endowments 5849000 ad
ditions 192500 total
584223 14
60415 00
3 Xet 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
Purch Rev Add ns
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
Interest on gold bonds
12 Dividends applied to purchase paidup additions and
annuities
14 Total paid policyholders
15 Expense of investigation and settlement of policy claims
16 Paid for claims on supplementary contracts not involv
ing life contingencies
18 Paid stockholders for interest or dividends
19 Commissions to agents less commission on reinsurance
First years premiums 28942232 renewal premi
ums 16492266 bonus to agents 1498351 total
644638 14
939 65
10645 58
176537 51
295 05
19666 91
16006 62
18369 42
618 00
4221 05
891937 93
2305 03
2827 84
7000 00
46932S 49COMPTROLLERGENERAL s REPORT 583
21 Compensation of managers and agents not paid by com
mission for service in obtaining new insurance 9310 04
22 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 925 87
23 Branch office expenses including salaries of managers
and clerks not included in item 21 11277 85
24 Medical examiners fees and inspection of risks 39592 88
25 Salaries and all other compensation of officers directors
trustees and home office employees 129 249 58
26 Rent including companys occupancy of its own build
ings 19576 60
27 Advertising 2328053 printing and stationery 17
14451 postage telegraph telephone and express
1010993 exchange 125642 total 51791 39
28 Legal expense not included in item 15 3297 09
29 Furniture fixtures and safes including equipment of
new home office in 1912 35 816 64
30 Repairs and expense other than taxes on real estate 7541 15
31 Taxes on real estate 1 283 96
32 State taxes on premiums 16 203 39
33 Insurance department licenses and fees 4 424 83
33 Expense incidental 66496 legislative 33984
investment 6416 total 7 053 61
34 All other licenses fees and taxes viz Personal tax
86462 municipal licenses 22850 collection of pre
miums 203214 total 3125 26
38 Other disbursements not chargeable in whole or in part
as expense incident to business of current year and
including all doubtful accounts and items marked off
Furniture and Fixtures 4782953 commuted values
renewal contracts terminated 47635833 agents
ledger balances 14103987 suspense account 18
14571 bills receivable account 180877 total 685242 21
45 Agents balances charged off 4966 19
46 Gross loss on sale or maturity of ledger assets viz
Bonds 59 90
47 Gross decrease by adjustment in book value of ledger
assets viz
Bonds including 72770 for amortization of premium 727 70
48 Total disbursements 2413065 43
IVLedger Assets
1 Book value of real estate 1023385 22
2 Mortgage loans on real estate first liens 1333991 78
3 Loans secured by pledge of bonds stocks or other col
lateral 1437317 50584
CompteollebGeneeals Repobt
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 103831721 and stocks 2459
25096 total
7 Cash in companys office
9 Deposits in trust companies and banks on interest
10 Agents balances debit 25387344 credit 334586
net
12 Total ledger assets
1779167 75
3629 64
3497568 17
9382 55
83943 84
150527 58
9318914 03
NonLedger Assets
13 Interest due 36000 and accrued 18
67244 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
19032 44
8157 52
14588 52
16 Interest accrued on premium notes policy loans or liens
17 Interest accrued on other assets
21 Total interest and rents due and accrued
22 Market value of real estate over book value
23 Market value not including interest in item 14 of
bonds and stocks
25 Gross premiums due and unreported on
policies in force December 31 1912 less
reinsurance premiums 165968 00
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums
8286 78
621 73
50686 99
76114 78
321277 08
147273 84
27 Totals 313241 84
28 Deduct loading 52577 44
29 Net amount of uncollected and deferred premiums
260664 40
35 Gross assets
Deduct Assets Not Admitted
10027657 28
38 Agents debit balances gross 153873 44
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 24087 51
Total
46 Admitted assets
177960 95
9849696 33ComptrollerGenerals Keport 585
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1912 as computed by the Illi
nois insurance department on the fol
lowing tables of mortality and rates of
interest viz
1 Actuaries table at 4 per cent on policies
issued prior to July 1 1907 70854 68
Same for reversionary additions 554 67
TotaI 71409 35
2 American Experience table at 3 per cent
on policies issued subsequent to July
1 1907 12837 83
Same for reversionary additions 599 16
Total 13436 99
4 Other tables and rates 2 475 00
TotaI 8487109 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 32484 00
8 Net reserve 87454625 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 27655 19
12 Claims for death losses in process of ad
justment 27837 56
13 Claims for death losses incurred for which
no proofs have been received 45 393 28
15 Claims for death losses and other policy
claims resisted by the company 1000 00
17 Total policy claims 74 230 84
20 Premiums paid in advance including surrender values
so applied 1y28 53
21 Unearned interest and rent paid in advance 26 765 56
25 Salaries rents office expenses bills and accounts due
or accrued 8014 77
26 Medical examiners fees 232600 and legal fees
31900 due or accrued 2 645 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 15 312 23586 ComptrollerGenerals Eeport
81 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
t y4oooo
f erred premiums
32 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1913
whether contingent upon the payment of renewal pre
miums or otherwise
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 14009 39
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon optional endowment policies not in
cluded in item 33 101545 93
35 Reserve special or surplus funds not included above
36 Special reserves to cover annuity credits available on
fi 494 68
future premiums
37 Special reserves to cover credits on reinsured policies 3914 24
38 Accumulated survivorship investment fund held await
iny apportionment upon survivorship investment poli
cies in accordance with terms thereof 115924 33
t 500000 00
44 Capital stock
45 Unassigned funds surplus 452120 20
46 Total 9849696 33
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 2142 3380569 00
18 Policies on the lives of citizens of said State
issued during the year 547 1056807 00
9 Total 2689 4437376 00
20 Deduct ceased to be in force during the year 515 961809 00
21 Policies in force December 31 2174 3475567 00
22 Losses and claims unpaid December 31 of pre
vious year 1 2000 00
23 Losses and claims incurred during year 19 39205 22
24 Total 20 41205 22
25 Losses and claims settled during the year in
cash 2814594 by compromise 497000 16 33115 94
26 Losses and claims unpaid December 31 4 8089 28
27 Premiums collected or secured in cash ana notes or
credits without any deduction for losses dividends
commissions or other expenses 91127 61ComptrollerGenerals Report
587
INDIANA NATIONAL LIFE INSURANCE COMPANY OF
INDIANAPOLIS IND
Charles D Renick President Hillis F Hackedorn Secretary
Principal Office Indianapolis Ind
E C Lester Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 320700 00
2 Amount of ledger assets as per balance
December 31 of previous year 519113 17
3 Increase of capital during the year 84 640 00
4 Extended at 6037g3 17
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 16010 for first
years reinsurance
131284 17
7 Total first years premiums on original policies
131284 17
12 Total new premiums jgj 284 17
13 Renewal premiums without deduction for
commissions or other expenses less
37374 for reinsurance on renewals 114264 11
18 Total renewal premiums
19 Total premium income
23 Gross interest on mortgage loans 9 038 12
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
28 Gross interest on other debts due to com
pany Bills receivable 44541 pre
mium 923 Castle Hall 13640 total
32 Gross rent from companys property in
cluding 172500 for companys occu
pancy of its own buildings 6622 05
95 00
3097 06
2332 26
591 04
114264 11
245548 28
33 Total gross interest and rents
21775 53588 ComptkollekGenebals Report
34 From other sources viz Stock options 72700 sur
plus 6638423 total 671U
334435 04
43 Total income
IIIDisbursements
1 For death claims 33225 00
3 Net amount paid for losses and matured endowments 33225 00
5 Premium notes and liens voided by lapse 4952 92
6 Surrender values paid in cash or applied in liquidation
7615 87
of loans or notes
9 Interest paid to policyholders in cash
10 Dividends applied to pay renewal premiums 11004 55
18 Paid stockholders for interest or dividends 18857 62
19 Commissions to agents less commission on reinsurance
First years premiums 12162876 renewal premiums
332699 total 124955 75
22 Agency supervision and traveling expenses of super
2531 oo
visors
24 Medical examiners fees 756000 inspection of risks
203336 total 9593 36
25 Salaries and all other compensation of officers directors
trustees and home office employees 14890 00
26 Bent including companys occupancy of its own build
2902 25
mgs
07 Advertising 2216140 printing and stationery 2
16335 postage miscellaneous expenses 219995
exchange 43061 total 7055
28 Legal expense not included in item 15 I116
30 Repairs and expenses other than taxes on real estate 2540 99
31 Taxes on real estate
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes viz Federal cor
poration tax 18229 municipal license and franchise
r QS9 R7
taxes 27038 total
38 Other disbursements viz Investment expenses 1930
mortgages on real estate 8101930 premiums re
turned 27302 account interest on bonds 2663
on certificates of deposit 17559 refund on policy
loans 4063 bills payable 48774 interest on real
estate mortgages 268726 advance on stock 7
00000 profit and loss 1161960 total 93229 77
48 Total disbursements 336442 54ComptrollerGenerals Keport
589
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 stock notes
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds and stocks
7 Cash in company a office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Agents balances debit 209370 credit 40142
net 169228 National Underwriter Co 500 total
11 Furniture and fixtures
12 Total ledger assets
NonLedger Assets
13 Interest due and accrued on mortgages 2667 16
14 Interest due and accrued on bonds 76 50
15 Interest due and accrued on collateral
loans certificates of deposit 966 23
16 Interest due and accrued on premium
notes 209 28
17 Interest due and accrued on other assets
Stock notes 280 81
20 Rents due and accrued on companys
property or lease 90 00
21 Total interest and rents due and accrued
22 Market value of real estate over book value
218569 02
159720 00
8226 46
48705 50
13841 05
3800 00
1562 67
70398 97
70179 25
1697 28
5045 47
601745 67
4289 98
16430 98
New Business Renewals
25 Gross premiums due and
unreported on policies in
force December SI 1912
less reinsurance premi
ums 38736 60 8581 38
27 Totals 38736 60 8581 38
28 Deduct loading 26385 87 1786 50
29 Net amount of uncollected and deferred premiums
35 Gross assets
19145 61
641612 24590 ComptrollerGenerals Eepoet
Deduct Assets Not Admitted
37 Supplies stationery printed matter furni
ture fixtures and safes 5045 47
38 Commuted commissions agents debit bal
ances gross 2093 70
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 7025 32
Total 14164 49
46 Admitted assets 627447 75
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed on the
following tables of mortality and rates
of interest viz
2 American Experience table at 3 per cent 41412 06
3 American Experience table at 3 per cent 241618 83
Total 283030 89
6 Deduct net value of risks of this company
reinsured in other solvent companies 208 40
8 Net reserve 282822 49
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 5533 94
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance 10 00
26 Medical examiners fees 820 00
44 Capital stock 320700 00
45 TJnassigned funds surplus 17490 20
46 Total 627447 75
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 81 159000 00
19 Total 81 159000 00
tih Policies in force December 31 81 159000 00ComptrollerGenerals Report
591
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses
1060 81
INTERNATIONAL LIFE INSURANCE COMPANY OF ST LOUIS MO
Massey Wilson President W Grantges Secretary
Principal Office St Louis Mo
H W Campbell Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 330000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1254351 55
3 Decrease of capital during the year 290350 00
4 Extended at 964001 55
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 810495 for first
years reinsurance 235508 09
12 Total new premiums 235508 09
13 Renewal premiums without deduction for
commissions or other expenses less 9
24207 for reinsurance on renewals 374682 32
14 Dividends applied to pay renewal pre
miums 32215 40
18 Total renewal premiums
406897 72
19 Total premium income 642405 81
21 Dividends left with the company to accumulate at in
terest 35491 13
22 Ledger assets other than premiums received from other
companies for assuming their risks 1084378 56
23 Gross interest on mortgage loans less 102601 accrued
interest on mortgages acquired during 1912 45623 66
25 Gross interest on bonds and dividends on stocks less
41525 accrued interest on bonds acquired during
1912 5598 59592
ComptrollerGenerals Report

26 Gross interest on premium notes policy loans or liens 3409 26
27 Gross interest on deposits in trust companies and banks 2758 13
28 Gross interest on other debts due the company viz
Miscellaneous 371 27
32 Gross rent from companys property 57760 91
34 Prom other sources viz Surplus account adjustment
capital stock 34215303 fund retiring Great Western
stock 1204699 commission and expense mortgage
loans account 1081432 total 365014 34
41 Gross profit on sale or maturity of ledger assets viz
Bonds 192 69
43 Total income 3149244 99
IIIDisbursements
1 For death claims less 750000 reinsurance 80340 00
5 Premium notes and liens voided by lapse 3375 07
6 Surrender values paid in cash or applied in liquidation
of loans or notes 7465 51
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 1S11 79
10 Dividends applied to pay renewal premiums 32215 40
11 Special income paid policyholders 700 1
13 Dividends left with the company to accumulate at in
terest 35491 13
14 Total paid policyholders 161399 0o
15 Expense of investigation and settlement of policy
claims including 28625 for legal expenses 580 86
17 Dividends and interest thereon held on deposit surren
dered during the year 4417 55
19 Commissions to agents less commission on reinsurance
First years premiums 18036179 renewal premiums
1616922 total 196531 01
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 15529 01
22 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 1999 10
24 Medical examiners fees 1844867 inspection of risks
463309 total 23081 76
25 Salaries and all other compensation of officers directors
trustees and home office employees 49200 98
26 Rent including companys occupancy of its own build
ings less 65000 received under sublease 6901 74
27 Advertising 3i87039 printing and stationery 6
66434 postage telegTaph telephone and express
548632 exchange 7929 total 16813 98ComptrollerGenerals Report
593
28 Legal expense not included in item 15 2205 95
29 Furniture fixtures and safes 543 86
32 State taxes on premiums 7 761 33
33 Insurance department licenses and fees 5567 97
36 Municipal licenses and fees 794 15
38 Other disbursements viz Traveling expense of offi
cers 270854 discount on bills payable 223995
premiums paid on disability claims 11838 M and
I Adv and part payments suspense 389132 mis
cellaneous disbursements 583769 paid on supple
mentary contracts 16914338 total 183939 26
45 Agents balances charged off 65540 61
46 Gross loss on sale or maturity of ledger assets viz
Bonds 775 00
48 Total disbursements 743583 17
IVLedger Assets
2 Mortgage loans on real estate first liens 1769348 65
3 Loans secured by pledge of bonds stocks or other col
lateral 16000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 182589 54
5 Premium notes on policies in force 143650 88
6 Book value of bonds and stocks 170298 50
7 Cash in companys office 2382 26
8 Deposits in trust companies and banks checking ac
count 109016 36
9 Deposits in trust companies and banks C Ds 87840 26
1ft Bills receivable 1671219 agents balances debit
5509824 credit 14727506 net 0217682 75464 63
12 Total ledger assets 2405661 82
NonLedger Assets
13 Interest due 768361 and accrued 44
88184 on mortgages 52565 45
14 Interest due and accrued on bonds 3250 43
15 Interest due and accrued on collateral
loans 122 13
16 Interest due and accrued on premium
notes policy loans or liens 698 92
18 From banks on checking accounts on C D 1831 72
21 Total interest and rents due and accrued 58468 65594 ComptbollebGexebals Kepoet
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 64958 66 88297 20
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 728 20 10477 78
27 Totals 65686 86 98774 98
28 Deduct loading 45931 32 7750 79
29 Net amount of uncollected
and deferred premiums 19755 64 91624 19
35 Gross assets 2574910 30
Deduct Assets Not Admitted
38 Agents debit balances gross 55098 24
40 Bills receivable 15672 56
41 Premium notes and loans on policies and
net premiums in excess of the net value
of their policies 16002 11
43 Book value of ledger assets over market
value viz Bonds 1353 50
46 Admitted assets 2486783 89
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the Actuary on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on O L
and 20 P 1st year 36978 00
2 American Experience table at 8 per
cent on all other form 1698998 00
Total 1735976 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 9485 00
7 Beserve to provide for health and accident
benefits contained in life policies 8832 00
8 Net reserve 1735323 00ComptrollerGenerals Report 595
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Actuary 9127 88
12 Claims for death losses in process of ad
justment or adjusted and not due 4000 00
13 Claims for death losses incurred for which
no proofs have been received 14000 00
15 Claims for death losses and other policy
claims resisted by the company 26600 00
17 Total policy claims 44600 00
19 Dividends left with the company to accumulate at interest
and accrued interest thereon 107622 18
20 Premiums paid in advance including surrender values
so applied 4232 61
21 Unearned interest and rent paid in advance 8567 24
25 Salaries rents office expenses bills and accounts due or
accrued 10700 00
26 Medical examiners fees 129700 and legal fees 35000 1647 00
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 24042 20
35 Reserve special or surplus funds not included above
Reserve for payment to stockholders policy holders
and agents 46754 47
39 All other liabilities Reinsurance premiums unpaid 1981 58
44 Capital stock 330000 00
45 Unassigned funds surplus 162185 73
46 Total 2486783 89
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 1088 2145157 00
18 Policies on the lives of citizens of said State
issued during the year 281 474145 00
19 Total 1369 2619302 00
20 Deduct ceased to be in force during the year 586 1368966 00
21 Policies in force December 31 869 1464906 00
22 Losses and claims unpaid December 31 of pre
vious year 3 3000 00
23 Losses and claims incurred during year 8 15410 00
24 Total 11 18410 00
596
ComptrolleeGeneeals Beport
25 Losses and claims settled during the year 9
26 Losses and claims unpaid December 31 2
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses
14410 00
4000 00
44065 87
INTERSOUTHERN LIFE INSURANCE COMPANY OF
LOUISVILLE KENTUCKY
James R Duffin President George G Summers Secretary
ICapital Stock
1 Amount of capital paid up
in cash 485423 22
2 Amount of leder assets as per balance
December 31 of previous year 635826 73
3 Increase of capital during the year 63044 32
4 Extended at 698871 05
IIIncome
5 First years premiums on original policies
without deduction for commissions ot
other expenses less 270172 for first
years reinsurance 140431 90
12 Total new premiums 140431 90
13 Renewal premiums without deductions for
commissions or other expenses less
86768 for reinsurance on renewals 42048 01
14 Premium reduction applied to pay re
newal premiums 177 23
18 Total renewal premiums 42225 24
19 Total premium income 182657 14
23 Gross interest on mortgage loans 1544 25
24 Gross interest on collateral loans 2736 10
25 Gross interest on bonds and dividends on
stocks I053 53
26 Gross interest on premium notes policy
loans or liens 345 28
29 Bills receivable 253 62ComptrollebGenebals Repobt
597
30 On building funds 12651 95
32 Gross rent from companys property 1291 00
33 Total gross interest and rents 19875 73
34 From other sources Surplus from sale of companys stock
2028663 surplus from sale of building stock 22
15546 profit and loss 253310 total 44975 19
41 Gross profit on sale or maturity of ledger assets viz
Bonds 8 30
43 Total income 247516 36
IIIDisbursements
For death claims 30900 00
3 Net amount paid for death claims 30900 00
6 Surrender values paid in cash 1225 00
10 Premium reduction applied to pay renewal premiums 177 23
14 Total paid policyholders 32302 23
15 Expense of investigation and settlement of policy claims 30 30
16 Paid for claims on supplementary contracts not involving
life contingencies 1 55
18 Paid stockholders for interest or dividends 24501 14
19 Commissions to agents less commission on reinsurance
First years premiums 12425816 renewal premiums
65999 total 124918 15
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 6575 58
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 2258 09
23 Branch office expenses including salaries of managers
and clerks not included in item 21 5028 09
24 Medical examiners fees 1450849 inspection of risks
335455 total 17863 04
24 Salaries medical department 3647 34
25 Salaries and all other compensation of officers directors
trustees and home office employees 12628 74
26 Rent 2179 34
27 Advertising 574292 printing and stationery 4
79040 postage telegraph telephone and express
206499 exchange 22356 12821 87
28 Legal expense not included in item 15 448 27
29 Taxes on assets 5306 69
30 Repairs and expenses other than taxes on real estate 71 25
31 Taxes on real estate 853 33
32 State taxes on premiums 464 59598
ComptrollerGenerals Report
33 Insurance department licenses and fees 1543 20
34 All other licenses fees and taxes Municipal license 899 37
County fees Indiana 11 00
38 Other disbursements Commission on stock sales 18
26683 commission paid advisor boards 124334
general expense 156198 total 21072 15
46 Gross loss on sale or maturity of ledger assets viz
Real estate 200 00
48 Total dsibursements 275625 31
IVLedger Assets
1 Book value of real estate 884541 45
2 Mortgage loans on real estate 23508 81
3 Loans secured by pledge of bonds stocks or other col
lateral 8400 00
4 Loans made to policyholders on this companys policies
assigned as collateral 4178 00
5 Premium notes on policies in force 837 24
6 Book value of bonds 480000 and stocks 4874000 53540 00
7 Cash in companys office 780 04
8 Deposits in trust companies and banks not on interest 7150 64
9 Deposits in trust companies and banks on interest 6915 18
10 Bills receivable 43428 agents balances debit 98
61146 credit 68010 net 9793136 98365 64
11 Furniture safes and fixtures 9735 76
Total 1097952 76
11 Less credit items see schedule X 427190 66
12 Total ledger assets 670762 10
NonLedger Assets
13 Interest due 9015 and accrued 52359
on mortgages 613 74
14 Interest due 210000 and accrued
12871 on bonds and stocks 2228 71
16 Interest accrued on premium notes 4 60
17 Interest due 210000 on other assets 2100 00
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25 Gross premiums due and unreported on
policies in force Dec 31 1912 21942 37
4947 05
118958 55ComptrollerGenerals Report
599
26 Gross deferred premiums on policies in
force Dec 31 1912 37174 36
27 Total
28 Deduct loading
59116 73
23506 22
29 Net amount of uncollected and deferred premiums 35610 51
35 Gross assets 830278 21
Deduct Assets Not Admitted
36 Companys stock loans on4
37 Furniture fixtures and safes
38 Agents debit balances gross
40 Bills receivable
43 Book value of ledger assets over market
value viz Franklin Bank Stock
10000 loan on O S Bank Stock 7
00000 deposit in Owensboro Svgs Bk
in liquidation 691518 total
1400 00
9735 76
98611 46
434 28
14015 18
124196 68
46 Admitted assets 706081 53
VLiabilities Surplus and Other Funds
Net present value of all outstanding
policies in force on the 31st day of Dec
1912 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 policies 96865 00
Total 96865 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 2655 00
Total
7 Reserve to provide for disability benefits contained in
life policies
8 Net reserve
12 Claims for death losses in process of ad
justment or adjusted and not due 9900 00
94210 00
2500 00
17 Total policy claims
96710 00
9900 00600 ComptrollerGenerals Report
25 Salaries rents office expenses bills and accounts due or
accrued 8632 00
26 Medical examiners fees 1672 00
39 All other liabilities Advisory Board Commissions 5675 77
41 Fund for Taxes 10000 00
42 Interest accrued on bldg bonds 7225 00
44 Capital stock 485423 22
45 Unassigned funds surplus 80843 54
46 Total 706081 53
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 285 200000 00
18 Policies on the lives of citizens of said State
issued during the year 880 870500 00
19 Total 1165 1070500 00
20 Deduct ceased to be in force during the year 600 507000 00
21 Policies in force December 31 565 563500 00
23 Losses and claims incurred during year 3 1500 00
25 Losses and claims settled during the year 2 1000 00
26 Losses and claims unpaid December 31 1 500 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 14525 94
JEFFERSON STANDARD LIFE INSURANCE COMPANY OF RALEIGH
NORTH CAROLINA
G A Grimsley President C C Taylor Secretary
Hon Wm A Wright Attorney for Service
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 1016330 66
3 Increase of capital during the year 99980 00
4 Extended at 1116310 66ComptrollerGenerals Report 601
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 94959 for first
years reinsurance 148303 47
11 Consideration for supplementary contracts
involving life contingencies 2097 60
12 Total new premiums 150401 07
13 Renewal premiums without deductions for
commissions or other expenses less
563761 for reinsurance on renewals 508143 08
14 Dividends applied to pay renewal prem
iums 6043 93
18 Total renewal premiums 514187 01
19 Total premium income 664588 08
20 Consideration for supplementary contracts not involving
life contingencies 10298 00
21 Dividends left with the company to accumulate at in
terest 24 81
22 Ledger assets other than premiums received from other
companies for assuming their risks 2423738 45
23 Gross interest on mortgage loans 58598 33
24 Gross interest on collateral loans 3379 58
25 Gross interest on bonds and dividends on
stocks 13289 91
26 Gtoss interest on premium notes policy
loans or liens 13849 16
27 Gross interest on deposits in trust com
panies and banks 1577 23
32 Gross rent from companys property 273 15
33 Total gross interest and rents 90967 36
34 From other sources Loss and gain 2179 13
43 Total income 4308106 49
IIIDisbursements
1 For death claims less 1416700 reinsur
ance 139135 90 additions 16794
total 139303 84
3 Net amount paid for losses and matured endowments 139303 84
4 For annuities involving life contingencies 3912 50602
ComptrollerGenerals Eeport
5 Premium notes and liens voided by lapse 2600 76
6 Surrender values paid in cash or applied in liquidation of
loans or notes 42675 89
10 Dividends applied to pay renewal premiums 6043 93
13 Dividends left with the company to accumulate at in
terest 24 81
14 Total paid policyholders 194561 73
16 Paid for claims on supplementary contracts not involving
life contingencies including health 3500 disability
65000 total 1916 30
19 Commissions to agents less commission on reinsurance
First years premiums 9538433 renewal premiums
2545749 total 120841 82
21 Compensation of managers and agents not paid by com
mission for service in obtaining new insurance 3181 04
23 Branch office expenses including salaries of managers
and clerks not included in item 21 2379 71
24 Medical examiners fees 1525863 inspection of risks
280431 total 18062 94
25 Salaries and all other compensation of officers directors
trustees and home office employees 29038 21
26 Bent 4225 29
27 Advertising 425448 printing and stationery 474936
postage telegraph telephone and express 466591
exchange 6561 total 13735 46
28 Legal expense not included in item 15 411 85
32 State taxes on premiums 1478 25
33 Insurance department licenses and fees 2756 21
34 All other licenses fees and taxes Federal corporation
tax 73617 state corporation tax 635000 paid
for Greensboro Life Ins Co 10020000 total 107286 17
38 Other disbursements Traveling expense officers and
directors 730027 traveling expenses advanced not
accounted for 33590 sundries 66847 Greensboro
Life Adjustment acct 88225 See Lifes Ann ad
justment aect 973281 accrued interest on assets
of Greensboro Life 1154291 total 30462 61
48 Total disbursements 530337 59
1 VLedger Assets
1 Book value of real estate 44714 60
2 Mortgage loans on real estate 2257140 80
3 Loans secured by pledge of bonds stocks or other col
lateral 331964 56
4 Loans made to policyholders on this companys policies
assigned as collateral 517253 65ComptrollerGenerals Report
603
5 Premium notes liens on policies in force
6 Book value of bonds 13303012 and stocks 2721000
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Bills receivable 1017806 agents balances credit
11 Furniture and Fixtures
12 Total ledger assets
NonLedger Assets
13 Interest due 891172 and accrued 29
81737 on mortgages
14 Interest accrued on bonds
15 Interest accrued 101474 on collateral
loans
16 Interest accrued on premium notes policy
loans or liens
18 Certificates of deposit
20 Rents accrued in companys property or
lease
106901 11
160240 12
4116 74
14778 84
125287 65
62739 59
9450 20
3777768 90
38729 09
1922 92
1958 54
4965 56
1245 11
180 00
21 Total interest and rents due and accrued
22 Market value of real estate over book value
24 Due from other companies for losses or claims on policies
of this company reinsured
25 Gross premiums due and unreported on
policies in force Dec 31 1912 78406 41
26 Gross deferred premiums on policies in
force Dec 31 1912 46742 06
49001 22
8976 16
10750 00
27 Totals 115148 47
28 Deduct loading 21204 01
29 Net amount of uneollected and deferred premiums
93944 46
35 Gross assets 3940440 74
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Agents debit balances
40 Bills receivable
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
9450 20
62739 57
10178 06
11881 00
94248 83

46 Admitted assets 3846191 91604 ComptrollerGenerals Report
VLiabilities Surplus and Other Funds
Net present value of all outstanding
policies in force on the 31st day of Dee
1912 as computed by the Actuary on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on Sec
Life N P D D business Greensboro
Life Regular old N P and all term reg
life on Southern Carolina Life and
conservative life 1410260 00
Same for reversionary additions 850 00
2 American Experience table at 3 per cent
on Sec Life A D all Jefferson Southern
Endts Carolina Life Pref Divs 573866 00
3 American Experience table at 4 per cent
on Greensboro Life all forms not in
cluded above 806584 00
Same for reversionary additions 1723 00
4 Other tables and rates viz American 3
per cent Southern Life Double Indem
nity 17649 00
5 Net present value of annuities 15964 00
Total 2825173 00
7 Reserve to provide for health and accident and disability
benefits contained in life policies 7987 00
8 Net reserve paid for basis 2832265 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 51222 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded total and permanant disability installment 7037 00
12 Claims for death losses in process of ad
justment or adjusted and not due 33582 46
13 Claims for death losses incurred for which
no proofs have been received 25280 00
17 Total policy claims 58862 46
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 250 00
19 Dividends left with the company to accumulate at interest
and accrued interest thereon 232 86
20 Premiums paid in advance including surrender values
so applied 2716 41

ComptrollerGenerals Report 605
21 Unearned interest and Tent paid in advance 8064 46
22 Commissions due to agents on premium notes when paid 351 51
23 Commissions to agents due or accrued 1151 91
25 Salaries rents office expenses bills and accounts due or
accrued 1193 79
26 Medical examiners fees 156750 and legal fees 100000
due or accrued 2567 50
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 5085 76
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 12000 00
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 1500 00
35 Reserve special or surplus funds not included above
Annuity fund 190686 44
38 Balance due Greensboro Life acct Reinsurance 7413 28
43 Total 3182600 38
44 Capital stock 349980 00
45 Unassigned funds surplus 313611 53
46 Total 3846191 91
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in
No Amount
force December 31 of previous year 1099 1610369 00
17 Reinsured 1244 2227256 00
18 Policies on the lives of citizens of said State
issued during the year 624 990980 00
19 Total 2967 4828605 00
20 Deduct ceased to be in force during the year 562 911506 00
21 Policies in force December 31 2405 3917099 00
23 Losses and claims incurred during year 20 25259 68
25 Losses and claims settled during the year in cash
2187722 by compromise 30000 17 22177 22
26 Losses and claims unpaid December 31 3 3082 46
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 84169 23
606 ComptrollerGenerals Eepoet
LIFE INSURANCE COMPANY OF VIRGINIA RICHMOND VA
J G Walker President Algie S Hurt Secretary
L Z Eosser and Morris Brandon Attorneys 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 7116139 76
4 Extended at 7116139 76
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 94955 for first
years reinsurance
6 Surrender values applied to pay first
years premiums
497796 43
322 08
7 Total first years premiums on original
policies 498118 51
8 Dividends applied to purchase paidup
additions and annuities 734 05
9 Surrender values applied to purchase paid
up insurance and annuities 39237 46
11 Consideration for supplementary contracts
involving life contingencies 343 30
12 Total new premiums 538433 32
13 Renewal premiums without deductions for
commissions or other expenses less
301544 for reinsurance on renewals 2578863 64
14 Dividends applied to pay renewal prem
iums 1996 81
16 Surrender values applied to pay renewal
premiums 75 34
18 Total renewal premiums 2580935 79
19 Total premium income 3119369 11
23 Gross interest on mortgage loans less 3
00258 accrued interest on mortgages
acquired during 1912 327046 52
24 Gross interest on collateral loans 1265 00ComptrollerGeneral s Report
607
25 Gross interest on bonds and dividends on
stocks less 86805 accrued interest on
bonds acquired during 1912 32885 69
26 Gross interest on premium notes policy
loans or liens 14030 14
27 Gross interest on deposits in trust com
panies and banks 13496 01
32 Gross rent from companys property in
eluding 2080000 for companys occu
pancy of its own buildings 20860 00
33 Total gross interest and rents 409683 36
34 From other sources Agents cash bonds 825 00
36 Unclaimed deposits on Ind applications 890 02
41 Gross profit on sale or maturity of ledger assets viz
Real estate mortgage loans 445 00
Bonds 1475 00
Stocks 1920 00
43 Total income 3532687 49
IIIDisbursements
1 For death claims 966937 08
2 For matured endowments 689414 ad
ditions 15155 total 7045 69
3 Net amount paid for losses and matured endowments 973982 77
4 For annuities involving life contingencies 300 60
6 Surrender values paid in cash or applied in liquidation of
loans or notes 47382 07
7 Surrender values applied to pay new premiums 32208
to pay renewal premiums 7534 total 397 42
8 Surrender values applied to purchase paidup insurance
and annuities 39237 46
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 63116 23
10 Dividends applied to pay renewal premiums 1996 81
11 For adjustment of policy contracts 414 20
12 Dividends applied to purchase paidup additions and an
nuities 734 05
14 Total paid policyholders 1127561 61
15 Expense of investigation and settlement of policy claims
including 283521 for legal expenses 3396 97
16 Paid for claims on supplementary contracts not involv
ing life contingencies 1000 00
18 Paid stockholders for interest or dividends 72000 00608
ComptrollerGenerals Eeport
19 Commissions to agents less commission on reinsurance
First years premiums 20359350 renewal premiums
332317 25 total 535910 75
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 20562 54
23 Branch office expenses including salaries of managers
and clerks not included in item 21 250320 38
24 Medical examiners fees 5489863 inspection of risks
138150 total 56280 13
25 Salaries and all other compensation of officers directors
trustees and home office employees 173827 91
26 Eent including 2080000 for companys occupancy of
its own buildings less 800 received under sublease 45146 50
27 Advertising 2079361 printing and stationery 17
50587 postage telegraph telephone and express
688027 45179 75
28 Legal expense not included in item 15 9752 23
29 Furniture fixtures and safes 14691 02
30 Repairs and expenses other than taxes on real estate 2611 58
31 Taxes on real estate 4345 72
32 State taxes on premiums 40217 08
33 Insurance department licenses and fees 333 00
34 All other licenses fees and taxes Federal corporation
tax 98565 state license franchise and per prop taxes
1929306 municipal licenses and prem taxes 10
56205 total 30840 76
38 Other disbursements General expenses home office 15
91780 traveling expenses home office 353538
agencies cash bonds 135000 deposits on Ind appl
refunded 505 profit and loss 5614 total 20864 37
46 Gross loss on sale or maturity of ledger assets viz
Real estate 997 62
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds including 41088 for amortization
of premium mortgage 23742 648 30
48 Total disbursements 2456488 62
TVLedger Assets
1 Book value of real estate 443752 03
2 Mortgage loans on real estate first liens 6299473 97
3 Loans secured by pledge of bonds stocks or other col
lateral 22350 00
4 Loans made to policyholders on this companys policies
assigned as collateral 241240 74
5 Premium notes on policies in force of which 95675 is
for first years premiums 2918 50ComptrollerGenerals Report
609
Book value of bonds 72654328 and stocks 39
27500 total
Cash in companys office
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
13 Tentonia Bank Trust Co
765818 28
12682 43
11445 04
392516 05
141 59
12 Total ledger assets 8192338 63
NonLedger Assets
13 Interest due 353675 and accrued 90
37672 on mortgages
14 Interest accrued on bonds
15 Interest due 7903 and accrued 6216
on collateral loans
16 Interest due on premium notes
13231 50
141 19
1708 56
21 Total interest and rents due and accrued
22 Market value of real estate over book value
23 Market value not including interest in item 14 of
bonds and stocks over book value
24 Due from other companies for losses or claims on poli
cies of this company reinsured
25 Gross premiums due and unreported on policies in force
December 31 1912 less reinsurance premiums
26 Gross deferred premiums on policies in force December
31 1912 less reinsurance premiums
93913 47
108994 72
43893 41
21709 61
7943 00
50517 31
80208 15
27 Totals
28 Deduct loading
29 Net amount of uncollected and deferred premiums
30 All other assets viz Premium extension notes
130725 46
34338 69
96386 77
2990 60
35 Gross assets 8474256 74
Deduct Assets Not Admitted
46 Admitted assets
8474256 74
VLiabilities Surplus and Other Funds
Net present value or all outstanding
policies in force on the 31st day of
December 1912 as computed by the
company on the following tables of
mortality and rates of interest viz
L Actuaries table at 4 per cent 19822 20
Same for reversionary additions 19822 20610
CompteollebGeneeals Eepoet
2 American Experience table at 3 per cent
Same for reversionary additions
3 American Experience table at 3 per cent
Same for reversionary additions
4 Other tables and rates viz Standard
Ind 3 per cent
Extra premiums
Same for reversionary additions
5 Net present value of annuities including
those in reduction of premiums viz
American 3 per cent
7157 76
12 93
23312 49
23312 49
14476 70
10 86
14487 56
11 03
Total 64803 97
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies
7 Reserve to provide for health and accident
benefits contained in life policies
14 19
64789 78
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
11 Claims for death losses due and unpaid
not reported
12 Claims for death losses in process of ad
justment or adjusted and not due
13 Claims for death losses incurred for which
no proofs have been received
14 Claims for matured endowments due arfd
unpaid
30000 00
12285 11
22079 75
1890 05
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when
paid
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners and legal fees
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement
64789 78
64 30
329 17
66254 91
51091 94
3952 16
266 12
9045 23
9199 53
3970 57
30594 02ComptrollerGenerals Report 6ll
30 Unpaid dividends to stockholders 10 000 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 9 279 66
32 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1913
whether contingent upon the payment of renewal
premiums or otherwise 939 20
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 104675 44
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not in
cluded in item 33 225000 00
35 Reserve special or surplus funds not included above
Amount set apart for additional dealh benefits 12846 59
39 All other liabilities viz Agents cash bonds 975 00
41 Mortgages on real estate owned 25 208 33
42 Unclaimed deposits on Ind applications 1002 65
44 Capital stock 400000 00
45 Unassigned funds surplus j 081 630 39
46 Total 8474256 74
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in force
December 31 of previous year 45221 56
18 Policies on the lives of citizens of said State issued
during the year 26319 96
19 Total 71541 52
20 Deduct ceased to be in force during the year 19255 10
21 Policies in force December 31 52 286 42
22 Losses and claims unpaid December 31 of previous year 142 10
23 Losses and claims incurred during year 53 446 30
24 Total 535g8 40
25 Losses and claims settled during the year in cash 51217 30
26 Losses and claims unpaid December 31 2 371 10
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 203282 65612 ComptrollerGenerals Eeport
MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK N Y
Morris W Torrey 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 paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 21268120 54
4 Extended at 21268120 4
IIIncome
5 First years premiums on original policies
without deduction for commission or
other expenses less 467943 for first
years reinsurance lo9474 to
6 Surrender values applied to pay first
years premiums
2416 35
7 Total first years premiums on original policies 161891 13
8 Dividends applied to purchase paidup additions and
6218 19
annuities
10 Consideration for original annuities involving life con
tingencies
2994 68
11 Consideration for supplementary contracts involving
life contingencies
417 17
12 Total new premiums
18 Renewal premiums without deduction for
commissions or other expenses less 22
84942 for reinsurance on renewals 1890316 96
14 Dividends applied to pay renewal pre
miums 63854 40
16 Surrender values applied to pay renewal
premiums 1556 91
175283 17
1 Qt 7S 7
18 Total renewal premiums iwooiso a
19 Total premium income 2131011 44
20 Consideration for supplementary contracts not involv
ing life contingencies
21 Dividends left with the company to accumulate at in
terest 204775
11550 00
ComptrollerGeneral s Report
613
23 Gross interest on mortgage loans 402928 22
25 Gross interest on bonds and dividends on stocks less
136597 accrued interest on bonds acquired during
1912 171095 70
26 Gross interest on premium notes policy loans or liens 191987 77
27 Gross interest on deposits intrust companies and banks 9227 83
28 Gross interest on other debts due the company On
agents balances 313007 on advances against first
years commission repaid 20980 total 3339 87
32 Gross rent from companys property including 51
50000 for companys occupancy of its own buildings 262405 34
33 Total gross interest and rents 1040984 73
40 From agents balances previously charged off 27 32
41 Gross profit on sale or maturity of ledger assets viz
Real estate 494575 bonds 462700 total 9572 75
42 Gross increase by adjustment in book value of ledger
assets viz Bonds 3373 00
43 Total income 3198566 99
IIIDisbursements
1 For death claims less 1000000 reinsur
ance 125171451 additions 3
61800 total 1255332 51
2 For matured endowments 148437 00
3 Net amount paid for losses and matured endowments 1403769 51
4 For annuities involving life contingencies 9102 02
5 Premium notes and liens voided by lapse less 1186201
restorations 7653 62
6 Surrender values paid in cash or applied in liquidation
of loans or notes 415700 79
7 Surrender values applied to pay new premiums 2
41635 to pay renewal premiums 155691 total 3973 26
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 164578 98
10 Dividends applied to pay renewal premiums 63854 40
12 Dividends applied to purchase paidup additions and
annuities 6218 19
13 Dividends left with the company to accumulate at in
terest 2047 75
14 Total paid policyholders 2076898 52
15 Expense of investigation and settlement of policy claims 3 30
16 Paid for claims on supplementary contracts not involv
ing life contingencies 5728 67614
ComptrollerGenerals Keport
17 Dividends and interest thereon held on deposit sur
rendered during the year 572 58
18 Paid stockholders for interest or dividends 21000 00
19 Commissions to agents less commission on reinsurance
First years premiums 7280191 renewal premiums
12202675 annuities original 12270 total 19495136
20 Commuted renewal commissions 400 00
22 Agency supervision and traveling expenses of super
visors and agents except compensation for home
office supervision 16597 37
23 Branch office expenses including salaries of managers
and clerks not included in item 21 23928 36
24 Medical examiners fees 1082350 inspection of risks
451648 total 15339 98
25 Salaries and all other compensation of officers directors
trustees and home office employees 104154 62
26 Rent including 5150000 for companys occupancy of
its own buildings less 48605 received under sublease 66675 75
27 Advertising 565691 printing and stationery 6
07774 postage telegraph telephone and express
1004678 exchange 126034 total 2304177
28 Legal expense not included in item 15 12658 21
29 Furniture fixtures and safes 895 32
30 Repairs and expenses other than taxes on real estate 95780 51
31 Taxes on real estate 84294 47
32 State taxes on premiums 36297 51
33 Insurance department licenses and fees 2953 21
34 All other licenses fees and taxes viz Federal cor
poration tax 447999 county and municipal licenses
and taxes 91533 legal advertising 64935 total 6044 67
38 Other disbursements viz Expenses of examination
638942 expenses election of directors 10600
luncheons for employees 655106 travelling home
office 97981 general expenses home office 548907
agency general expenses 73838 commission on real
estate sales 75000 interest payments to policy
holders 61883 premiums on life insurance policies
to secure an agents indebtedness 31140 advertis
ing in connection with bond and mortgage foreclosures
8285 excess rent paid in 1911 in error refunded in
1912 7500 total 22091 82
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 17500077 bonds in
cluding 356550 for amortization of premiums 3
56550 total 178566 27
48 Total disbursements 2988874 27CompteollebGeneeal s Report
615
IVLedger Assets
1 Book value of real estate 5 279 785 71
2 Mortgage loans on real estate first liens 7985675 00
4 Loans made to policyholders on this companys policies
assigned as collateral 3998336 49
5 Premium notes on policies in force of which 1072194
is for first years premiums 214043 88
6 Book value of bonds 347327425 and stocks 183
90125 total 3657175 50
7 Cash in companys office i 702 65
9 Deposits in trust companies and banks on interest 319826 77
10 Agents balances debit 2210859 credit 84133
net 21267 26
12 Total ledger assets 21477813 26
NonLedger Assets
13 Interest due 37500 and accrued 176
25541 on mortgages
14 Interest accrued on bonds
16 Interest due 15305664 and accrued
1038218 on premium notes policy
loans or liens
17 Interest accrued on other assets viz
Deposits Union Trust Co 82676
United States Trust Co 6250 Colum
bia Knickerbocker Trust Co 3689
Guarantee Trust Co 104161 Me
chanics Metals National Bank
10888 total 207864
20 Rents due 42987 and accrued 7
27999 on companys property or lease 11572 86
176630 41
52147 43
163438 82
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25
26
Gross premiums due
unreported on policies
in force December 31
1912 less reinsurance
premiums
Gross deferred premiums
on policies in force De
cember 31 1912 less
xeinsurancfe premiums
New Business
and
Renewals
2526 15 143309 70
6437 00
64427 00
405868 16
78414 29
27 Totals 8963 15 207736 70
616
CompteolleeGeneeals Report
28 Deduct loading 21 per
cent 1927 07
44663 39
29 Net amount of uncollected and deferred premiums
170109 39
35 Gross assets
Deduct Assets Not Admitted
38 Agents debit balances gross 22108 59
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
43 Book value of ledger assets over market
value 64901 25
22132205 10
111 83
46 Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 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 1 1901 13167308 00
Same for reversionary additions 39802 00
2 American Experience table at 3 per
cent on policies issued after January
1 1901 on nonparticipation plan 540415 00
3 American Experience table at 3 per cent
on policies issued after January 1 1901
on participation plan 5996112 00
Same for reversionary additions 5689 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries 4 per cent on annuities issued
prior to January 1 1901 24929 00
American Experience 3 per cent on an
nuities issued after January 1 1901
and prior to January 1 1907 42594 00
McClintocks 3y2 per cent on annuities
issued after January 1 1907 25091 00
22045083 43
Total 19841940 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 108163 00
8 Net reserve paid for basis 19733777 00
IHBMComptrollerGenerals Eepokx
617
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 94993 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 3966 00
11 Claims for death losses due and unpaid 3788 58
12 Claims for death losses in process of ad
justment or adjusted and not due 6658 00
13 Claims for death losses incurred for which
no proofs have been received 41232 00
14 Claims for matured endowments due and
unpaid 1220 59
15 Claims for death losses and other policy
claims resisted by the company 39656 91
16 Due and unpaid on annuity claims involv
ing life contingencies 349 90
17 Total policy claims 92905 98
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 6295 82
20 Premiums paid in advance including surrender values
so applied 12114 32
21 Unearned interest and rent paid in advance 98609 59
22 Commissions due to agents on premium notes when
paid 11723 34
23 Commissions to agents due or accrued 2028 00
25 Salaries rents office expenses bills and accounts due
or accrued 6000 00
26 Medical examiners fees 1250 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 37000 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 25747 66
32 Dividends declared on or apportioned to annual divi
dend policies payable to policyholders during 1913
whether contingent upon the payment of renewal
premiums or otherwise 25813 36
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 70521 28
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not included
in item 33 1396323 11618 ComptrollerGenerals Report
44 Capital stock 100000 00
45 Unassigned funds surplus 326014 97
46 Total 22045083 43
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in force
December 31 of previous year 3012006 00
18 Policies on the lives of citizens of said State issued
during the year 404695 00
19 Total 3416701 00
20 Deduct ceased to be in force during the year 447639 00
21 Policies in force December 31 2969062 00
23 Losses and claims incurred during year 72842 00
24 Total 72842 00
25 Losses and claims settled during the year in cash 69192 00
26 Losses and claims unpaid December 31 3650 00
27 Premiums collected or secured in cash and notes or
credits wtihout any deduction for losses dividends
commissions or other expenses 84379 27
MARYLAND LITE 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
2 Amount of ledger assets as per balance
December 31 of previous year 3316596 46
4 Extended at 3316596 46
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 216776 for first
years reinsurance 40924 83
6 Surrender values applied to pay first
years premiums 166 73
7 Total first years premiums on original policies 41091 56CompteolleeGtenerals Eepoet
619
8 Dividends applied to purchase paidup ad
ditions and annuities 1825 57
10 Consideration for original annuities involv
ing life contingencies 1865 83
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 9
23937 for insurance on renewals
14 Dividends applied to pay renewal pre
miums
18 Total renewal premiums
19 Total premium income
23 Gross interest on mortgage loans
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks less 35448 accrued interest on
bonds acquired during 1912
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the com
pany viz On loan made to agents
secured by renewals
32 Gross rent from companys property in
cluding 450000 for companys occu
pancy of its own buildings
251656 01
20380 71
12640 85
777 98
113139 31
20165 66
31 25
30 75
21189 16
33 Total gross interest and rents
34 From other sources viz Policies of reinsurance sur
rendered 397322 fire insurance premiums refunded
2360 total
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Bonds
43 Total income
IIIDisbursements
1 For death claims less 1400000 reinsur
ance 14164042 additions 19654
total 141836 96
2 For matured endowments 13362000 ad
ditions 129300 total 134913 00
44782 96
272036 72
316819 68
167974 96
3999 82
10 00
2351 40
491152 86
3 Net amount paid for losses and matured endowments 276749 96620
ComptrollerGenerals Eeport
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
7 Surrender values applied to pay renewal premiums
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and
annuities
14
18
19
20
21
22
24
25
26
27
28
28

31
32
33
34
38
45
46
Total paid policyholders
Paid stockholders for interest or dividends
Commissions to agents less commission on reinsurance
First years premiums 2009286 renewal premiums
1324612 total
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 supervis
ors except compensation for home office supervision
Medical examiners fees 528978 inspection of risks
94068 total
Salaries and all other compensation of officers directors
trustees and home office employees
Rent including 450000 for companys occupancy of
its own buildings
Advertising 108614 printing and stationery 4
03937 postage telegraph telephone and express
176506 exchange 6881 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 cor
poration tax 77579 State municipal and county
licenses 168528 municipal tax onpremiums 35037
on capital stock 88467 total
Other disbursements viz Library bureau 129167
sundry expenses 1944954 total
Agents balances charged off
Gross loss on sale or maturity of ledger assets viz
Bonds
6573 33
1193 70
73082 45
24 26
166 73
65267 66
20380 71
1825 57
445264 37
6000 00
33338 98
37 50
11207 79
3784 23
6230 46
22035 19
4677 00
6959 38
636 35
108 07
4887 94
4033 30
1971 30
1073 00
3696 11
3241 21
1967 59
1920 00ComptrollerGenerals Report
621
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 250000 bonds including
572116 for amortization of premium 572116
total
48 Total disbursements
8221 16
571290 93
IVLedger Assets
1 Book value of real estate 245000 00
2 Mortgage loans on real estate first liens 206350 00
3 Loans secured by pledge of bonds stocks or other col
lateral 36000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 329666 t0
5 Premium notes and loans on policies in force of which
198501 is for first years premiums 19104 91
6 Book value of bonds 221141161 and stocks 89
76742 total 2301179 03
7 Cash in companys office 3548 94
8 Deposits in trust companies and banks not on interest 77938 96
9 Deposits in trust companies and banks on interest 830 85
10 Agents balances debit 365312 credit 103989
net 261323 The credit balance of 103989 in
cludes 7816 ledger liabilities other than agents
credit balances 2613 23
11 Deposit with Baltimore Equitable Society 20000 in
terest in default on mortgage 2700 open account
judgments and suspended accounts 1399947 total 14226 47
12 Total ledger assets 3236458 39
NonLedger Assets
13 Interest due 24900 and accrued 3
05188 on mortgages 3300 88
14 Interest accrued on bonds 13367 45
15 Interest accrued on collateral loans 81 20
16 Interest due 295057 and accrued 4
74479 on premium notes policy loans
or liens 7695 36
17 Interest due 3164 and accrued 1
12420 on other assets viz On deposit
in M T D Co 3164 on stocks
112420 total U55 84
20 Rents due on companys property or lease 200 01
21 Total interest and rents due and accrued
23 Market value of bonds and stocks
25800 74
27332 22
622
ComptrollerGenerals Report
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums 17860 87
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums 19060 29
27 Totals 3692116
28 Deduct loading 9871 86
29 Net amount of uncollected and deferred premiums 27049 30
35 Gross assets 3316640 65
Deduct Assets Not Admitted
38 Agents debit balances gross 3653 12
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 575 00
43 Book value of ledger assets over market
value viz Open accounts judgments
and suspended accounts 13999 47
46 Admitted assets 3298413 06
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the in
surance department of Maryland on the
following tables of mortality and rates
of interest viz
1 Actuaries table at 4 per cent on business
issued prior to January 1 1903 2011657 81
Same for reversionary additions 12874 42
2 American Experience table at 3 per
cent on business issued subsequent to
January 1 1903 685998 19
Same for reversionary additions 6224 14
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries 4 per cent before Jan 1 1903 9350 22
American 3 per cent since Jan 1 1903 36050 67
Total 2762155 45
6 Deduct net value of risks of this eompany
reinsured in other solvent companies 57999 18
8 Net reserve 2704156 27ComptbolleeGenebals Bepoet
623
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 76 17
11 Claims for death losses due and unpaid
awaiting release 3600 12
13 Claims for death losses incurred for which
no proofs have been received 9473 47
14 Claims for matured endowments due and
unpaid unclaimed 3869 66
16 Due and unpaid on annuity claims involv
ing life contingencies 30 74
17 Total policy claims 16973 99
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 105 34
20 Premiums paid in advance including surrender values
so applied 324 92
21 Unearned interest and rent paid in advance 99 02
22 Commissions due to agents on premium notes when paid 1304 27
23 Commissions to agents due or accrued less agents
credit balance etc 103989 deducted from agents
balances 327 94
25 Salaries rents office expenses bills and accounts due
or accrued 1761 32
26 Medical examiners fees 650 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 3000 00
31 Dividends or other profits due polieyholders including
those contingent on payment of outstanding and de
ferred premiums 13548 23
32 Dividends declared on or apportioned to annual divi
dend policies payable to polieyholders during 1913
whether contingent upon the payment of renewal
premiums or otherwise 2860 76
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in item
33 212036 22
44 Capital stock 100000 00
45 TTnassigned funds surplus 241188 61
46 Total 3298413 06
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in
force December 31 of previous year 843342 00624
ComptrollerGenerals Eeport
18 Policies on the lives of citizens of said state
issued during the year
Transferred during year
283562 00
2018 00
19 Total
20 Dedilct ceased to be in force during the year
21 Policies in force December 31
22 Losses and claims unpaid December 31 of previous year
balance
23 Losses and claims incurred during year
24 Total
25 Losses and claims settled during the year in cash
26 Losses and claims unpaid December 31
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 3
105981 00
1022941 00
42 85
17930 35
17973 20
17530 35
442 85
32066 37
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY OF
SPRINGFIELD MASSACHUSETTS
Wm W MeClench 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 leder assets as per Balance
December 31 of previous year 63193432 98
4 Extended at 63193432 98
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 1229016 37
7 Total first years premiums on original
policies 1229010 37
8 Dividends applied to purchase paidup ad
ditions and annuities Id 1617 73
11 Consideration for supplementary contracts
involving life contingencies 14547 04
12 Total new premiums 1345181 14
ComptrollerGenerals Report
625
13 Renewal premiums without deduction lor
commissions or other expenses less
10654069 for reinsurance on renewals 7671894 69
14 Dividends applied to pay renewal pre
miums 1236051 06
18 Total renewal premiums 8907945 75
179569 92
252944 16
574840 62
19182 35
19 Total premium income 10253126 89
20 Consideration for supplementary contracts not involv
ing life contingencies
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans 1212923 76
25 Gross interest on bonds and dividends on
stocks less 2324196 accrued interest
on bonds acquired during 1912 1238384 04
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the com
pany viz Included in cost to change
policies from one kind to another 10
78656 in connection with revival of
policies 93604 8th and 9th dividends
on Mt Hope cemetery stock 100000
sundry items 15029 less discount on
premiums paid in advance 351305
total
31 Gross discount on claims paid in advance
32 Gross rent from companys property in
cluding 4000000 for companys occu
pancy of its own buildings
9359 84
50 37
69058 15
33 Total gross interest and rents 3123799 13
35 Commissions on mortgage loans in excess of loan agency
expenses
36 Protest fees
37 7th dividend capital National Bank Guthrie Okla
42 Gross increase by adjustment in book value of ledger
assets viz Bonds including 1261287 for accrual
of discount
11104 41
14 79
49
12612 87
43 Total income 13833172 66626
ComptrollerGenerals Keport
IIIDisbursements
1 For death claims less 6954600 reinsur
ance 305651055 additions 31
82500 total 3088335 55
2 For matured endowments less 1000000
reinsurance 32197200 additions
1365500 total 335627 00
3 Net amount paid for losses and matured endowments 3423962 55
5 Premium notes and liens voided by lapse less 2140887
restorations 24737 01
6 Surrender values paid in cash or applied in liquidation
of loans or notes 1127842 28
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 254077 37
10 Dividends applied to pay renewal premiums 1236051 06
12 Dividends applied to purchase paidup additions and
annuities 101617 73
13 Dividends left with the company to accumulate at in
terest 252944 16
14 Total paid policyholders 6421232 16
15 Expense of investigation and settlement of policy claims
including 144298 for legal expense 1875 41
16 Paid for claims on supplementary contracts not involv
ing life contingencies 103508 89
17 Dividends and interest thereon held on deposit surren
dered during the year 107495 58
19 Commissions to agents less commission on reinsurance
First years premiums 50430675 renewal premiums
52111459 total 1025421 34
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 24616 44
22 Agency supervision and traveling expenses of super
visors except compensation for home office super
vision 3644 71
23 Branch office expenses including salaries of managers
and clerks not included in item 21 115360 80
24 Medical examiners fees 8036533 inspection of risks
1655465 total 96919 98
25 Salaries and all other compensation of officers directors
trustees and home office employees 281539 03
26 Kent including 4000000 for companys occupancy of
its own buildings less 6596 received under sublease 94188 13
27 Advertising 2848339 printing and stationery 51
61800 postage telegraph telephone and express 38
38107 exchange 55698 total 119039 44ComptrollerGeneral s Eeport
62
28 Legal expense not included in item 15 200 00
29 Furniture fixtures and safes 12120 85
30 Repairs and expenses other than taxes on real estate 27760 08
31 Taxes on real estate 17880 68
32 State taxes on premiums 115544 37
33 Insurance department licenses and fees 13924 64
34 All other licenses fees and taxes viz Federal cor
poration tax 2530031 city licenses 262263 city
premium taxes 7400 city and county personal taxes
27906 exeise taxes 4847960 miscellaneous
62310 total 77378 70
38 Other disbursements viz Home office and agency
traveling 785218 surety bonds and publications
597699 shipping supplies and janitor service 2
70829 heat light and repairs 158379 miscella
neous 825998 commissions on bonds and real estate
purchased and sold 191875 refund on sale of real
estate contract not completed 10000 protest fees
3035 taxes and expenses in connection with mort
gage loans 40428 total 28834 61
46 Gross loss on sale or maturity of ledger assets viz
Real estate 16800 00
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 140131 bonds including
4287406 for amortization of premium 4287406
total 44275 37
48 Total disbursements 8749561 21
IVLedger Assets
1 Book value of real estate 963000 00
2 Mortgage loans on real estate first liens 26146764 00
4 Loans made to policyholders on this companys policies
assigned as collateral 9617916 10
5 Premium notes on policies in force 978025 94
6 Book value of bonds 2940318116 and stocks 555
22455 total 29958405 71
7 Cash in companys office 2929 64
8 Deposits in trust companies and banks not
on interest 172936 96
9 Deposits in trust companies and banks on
interest 437066 08
Total cash items 612932 68
12 Total ledger assets 68277044 43628
ComptrollerGenerals Eeport
NonLedger Assets
13 Interest due 460560 and accrued 385
81385 on mortgages
14 Interest accrued on bonds
16 Interest due 2596599 and accrued
17678792 on premium notes policy
loans or liens
17 Interest accrued on other assets viz
Bank deposits
20 Rents accrued on companys property or
lease
390419 45
439469 64
202753 91
417 77
50 42
21 Total interest and rents due and accrued 1033111 19
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 15779 89 517060 34
26 Gross deferred premiums
on policies in force De
cember 3i 1912 less
reinsurance premiums 127318 24 953478 03
27 Totals 143098 13 1470538 37
28 Deduct loading 23 33270 31 341900 17
29 Net amount of uncollected
and deferred premiums 109827 82 1128638 20 1238466 02
35 Gross assets 70548621 64
Deduct Assets Not Admitted
43 Book value of ledger assets over market value viz
Bonds and stocks 1022666 71
46 Admitted assets 69525954 93
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 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 policies
issued prior to Tammry 1 1901 35023647 00
Same for reversionary additions 1575006 00
Total 35398653 00
MComptrollerGenerals Report 629
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 18214725 00
Same for reversionary additions 208398 00
Total 18423120 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 7775395 00
Same for reversionary additions 420088 00
Total 8195483 00
5 Net present value of annuities including
those in reduction of premiums viz
American Experience table and 3 per cent
interest 30104 00
American Experience table and 3 per
cent interest 9649 00
Actuaries table and 4 per cent interest 7745 00
Total 47498 00
Total 62064757 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 796158 00
8 Net reserve paid for basis 61268599 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 618594 24
12 Claims for death losses in process of ad
justment or adjusted and not due 19072 00
13 Claims for death losses incurred for which
no proofs have been received 275539 00
14 Claims for matured endowments due and
unpaid 1864 00
15 Claims for death losses and other policy
claims resisted by the company i490 14
17 Total policy claims 302965 14
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 1197231 95
20 Premiums paid in advance including surrender values
so applied 57749 00
21 Unearned interest and rent paid in advance 1065 35630 ComptrollerGenerals Report
25 Salaries rents office expenses bills and accounts due
or accrued 5966 61
26 Medical examiners fees due or accrued 21237 50
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 187006 45
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 90627 48
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 843172 26
43 Total 64594215 01
45 Unassigned funds surplus 4931739 92
46 Total 69525954 93
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 4441 9214483 00
18 Policies ont he lives of citizens of said State
issued during the year 448 1095627 00
19 Total 4887 10310110 00
20 Deduct ceased to be in force during the year 172 470176 00
21 Policies in force December 31 4717 9839934 00
No Amount
22 Losses and claims unpaid December 31 of pre
vious year 3 2601 00
23 Losses and claims incurred during year 41 119269 00
24 Total 44 121870 00
25 Losses and claims settled during the year in cash 40 116298 00
26 Losses and claims unpaid December 31 4 5572 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 346736 02
CoMPTROLLERGrENEBALs REPORT
631
MERIDIAN LIFE INSURANCE COMPANY OF INDIANAPOLIS IND
Arthur Jordan President Thos J Owens Secretary
Principal Office Meridian Life Bldg Indianapolis Indiana
J E Wilhelm 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 1861463 23
4 Extended at 1861463 23
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 628965 for first
years reinsurance 175845 02
7 Total first years premiums on original dividends 175845 02
12 Total new premiums 175845 02
13 Renewal premiums without deduction for
commissions or other expenses less 5
68061 for reinsurance on renewals 336502 64
14 Dividends applied to pay renewal pre
miums 0123 18
18 Total renewal premiums
19 Total premium income
20 Consideration for supplementary contracts not involving
life contingencies
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans 51911 93
26 Gross interest on premium notes policy
loans or liens 34528 41
32 Gross rent from companys property in
cluding 480000 for companys occu
pancy of its own buildings 21991 83
33 Total gross interest and rents
34 From other sources Premiums on loans and stock 9
67836 premium notes previously charged off
30155 Attorney fees 11300 total
345625 82
521470 84
24 85
9611 42
108432 17
10092 91
43 Total income 649632 19
632

ComptrollerGenerals Report
IIIDisbursements
1 For death claims less 50000 reinsur
ance 6610000 additions 795808 74058 08
3 Net amount paid for losses and matured endowments 74058 08
5 Premium notes and liens voided by lapse 69 53
6 Surrender values paid in cash or applied in liquidation of
loans or notes 35176 36
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 2440 42
10 Dividends applied to pay renewal premiums 9123 18
14 Total paid policyholders 120867 57
15 Expense of investigation and settlement of policy claims 641 75
16 Paid for claims on supplementary contracts not involving
life contingencies 175 00
18 Paid stockholders for interest or dividends 16000 00
19 Commissions to agents less commission on reinsurance
First years premiums 15308968 renewal premiums
1095077 total 164040 45
21 Compensation of managers and agents not paid by com
mission for servicesin obtaining new insurance 7295 83
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 6830 64
24 Medical examiners fees 1554450 inspection of risks
324303 total 18787 53
25 Salaries and all other compensation of officers directors
trustees and home office employees 39656 33
26 Rent including 480000 for companys occupancy of
its own buildings 5329 50
27 Advertising 100290 printing and stationery 314058
postage telegraph telephone and express 208976
exchange 1822 total 6251 46
28 Legal expense not included in item 15 3948 49
32 State taxes on premiums 5999 50
33 Insurance department license and fees 1970 03
34 All other licenses fes and taxes Federal corporation
tax 36965 taxes county municipal and state 3
54700 total 3916 65
38 Other disbursements Miscellaneous expense 162391
building expense 283808 inspection of loans
15459 Interest on loans home office bldg 5
62500 Interest on dividends deposited 27732 heat
ing expense 86416 total U383 06
Is Total disbursements 413099 79ComptrollerGenerals Report
633
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force of which 1323 is
for first years premiums
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
iO Agents balances debit
11 Furniture and fixtures
358289 07
1003976 95
659354 66
13 23
1489 20
60139 22
6163 46
8569 84
12 Total ledger assets 2097995 63
NonLedger Assets
13
15
20
21
24
25
26
27
28
29
31
32
35
Interest due 394552 and accrued 16
452 59 on mortgages 20398 11
Interest accrued on premium notes policy
loans or liens 16081 04
lipnts due on companys property or lease 985 83
Total interest and rents due and accrued
Due from other companies for losses or claims on policies
of this company reinsured
Gross premiums due and unreported on
policies in force Dec 31 1912 131525 15
Gross deferred premiums on policies in
force Dec 31 1912 5830 30
Total
Deduct loading
137355 45
44815 68
Net amount of uncollected and deferred premiums
Unearned fire premiums
Supplies printing arid stationery
37464 98
5000 00
92539 77
439 78
2901 50
Gross assets 2236341 66
Deduct Assets Not Admitted
37 Supplies stationery printed matter 2
90150 furniture fixtures and safes
856984
38 Agents debit balances gross
11471 34
6163 46634
CompteollebGenebals Bepobt
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 13796 54
Total 3143134
46 Admitted assets 2204910 33
VLiabilities Surplus and Other Funds
Net present value of all outstanding
policies in force on the 31st day of Dec
1912 ac computed by the Company on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on all
policies issued prior to April 2 1906
except commuted premium policies 325205 03
2 American Experience table at 3 per cent
on all commuted Premium policies and
all other policies issued after April 2
1906 1299428 49
Total 1624633 52
6 Deduct net value of risks of this company
reinsured in other solvent companies 8985 05
8 Net reserve 1615648 47
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 2273 77
12 Claims for death losses in process of ad
justment or adjusted and not due 13000 00
13 Claims for death losses incurred for which
no proofs have been received 9500 00
15 Claims for death losses and other policy
claims resisted by the company 9441 17
17 Total policy claims 31941 17
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 21330 84
20 Premiums paid in advance including surrender values
so applied 1947 7
21 Unearned interest and rent paid in advance 2511 43
22 Commissions due to agents on premium notes when paid 3 97
25 Salaries rents office expenses bills and accounts due or
accrued 1667 18
26 Medical examiners fees 1525 00
ComptrollerGenerals Eeport
635
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 defer
red premiums
39 All other liabilities Loan on home office bldg and ac
crued interest 12546875 reinsurance premiums
521033 inspection fees 20675 total
44 Capital stock
45 Unassigned funds surplus
7183 82
1672 58
130885 83
200000 00
186370 89
46 Total 2204910 32
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State in
force Dee 31 of previous year 1360 2561705 00
18 Policies on the lives of citizens of said State
issued during the year 475 924789 00
19 Total 1835 3486494 00
20 Deduct ceased to be in force during the year 497 89l433 00
21 Policies in force December 31 1338
22 Losses and claims unpaid Dec 31 of previous year 1
23 Losses and claims incurred during year 7
2595061 00
1000 00
14000 00
24 Total
25 Losses and claims settled during the year in
cash 950000 by compromise 240000
26 Losses and claims unpaid December 31
8 15000 00
11900 00
2000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses
65605 51
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK N Y
John R Hegeman President James S Roberts Secretary
Home Office 1 Madison Avenue New York City N Y
Alexander W Smith 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 year343802304 59
1 Extended at 343802304 59636
ComptrollerGenerals Eeport
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 363226 for first
years reinsurance 533996 31
6 Surrender values applied to pay first
years premiums 58058 88
7 Total first years premiums on original
policies 5398020 19
8 Dividends applied to purchase paidup ad
ditions and annuities 130965 65
10 Consideration for original annuities in
volving life contingencies 219906 15
12 Total new premiums ordinary 5748891 99
13 Renewal premiums without deduction for
commissions or other expenses less
1162916 for reinsurance on renewals 27139312 77
14 Dividends applied to pay renewal pre
miums 1367388 90
16 Surrender values applied to pay renewal
premiums 18883 14
18 Total renewal premiums ordinary 28525584 81
18a Total industrial premiums received including 3751
65352 bonuses applied in payment of premiums
28145 applied to shorten the premiumpaying period
and 8305082 surrender values applied in payment
of premiums 54826526 37
19 Total premium income 89101003 17
20 Consideration for supplementary contracts not involv
ing life contingencies 21494 29
22 Ledger assets other than premiums received from other
companies for assuming their risks 2000 00
23 Gross interest on mortgage loans less
623931 accrued interest on mortgages
acquired during 1912 7873750 16
25 Gross interest on bonds and dividends on
stocks less 28617158 accrued interest
on bonds acquired during 1912 6934012 06
26 Gross interest on premium notes policy
loans or liens 786906 39
27 Gross interest on deposits in trust com
panies and banks 160782 83
29 Interest superintendents bank accounts 4812 83ComptrollerGenerals Report
637
30 Interest on deferred payments 20 64
31 Gross discount on claims paid in advance 111 13
32 Gross rent from companys property in
cluding 74872245 for companys occu
pancy of its own buildings 1512447 83
33
34
Total gross interest and rents 17272843 87
From other sources viz Agents deposits 7420782
tax refund 443664 dividends suspended 1302
conscience money 4600 fire insurance fund 25
67383 liquidation of unlisted assets 30000 arrears
from property previously sold 3068 deposit account
bond and mortgage interest and rents 6304167
total
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Bonds 986140 stocks 8205492 total
42 Gross increase by adjustment in book value of ledger
assets viz Bonds including 12865528 for accrual
of discount l2655 28
43 Total income 106786073 52
IILDisbursements
167749 66
410 93
91916 32
For death claims less 2000000 reinsur
ance 2422939659 additions 15
73710 total 24245133 69
For matured endowments 164227702
additions 1420200 total 1656479 02
3 Net amount paid for losses and matured endowments 25901612 71
4 For annuities involving life contingencies 132103 09
5 Premium notes and liens voided by lapse 20393 84
6 Surrender values paid in cash or applied in liquidation
of loans or ntes 2709198 19
7 Surrender values applied to pay new premiums 58
05888 to pay renewal premiums 1888314 to pay
industrial premiums 8305082 total 159992 84
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 89287 92
Cash bonuses paid on nonparticipating industrial poli
cies 155655993
10 Dividends applied to pay renewal premiums 1367388 90
Bonuses applied to pay renewal premiums on nonpar
ticipating industrial policies 3751653 52
Bonuses applied to shorten the endowment or premium
paying period on nonparticipating industrial policies 281 4d638 ComptbollebGenebals Eepoet
12 Dividends applied to purchase paidup additions and
annuities 130965 65
Sick benefits on assumed policies 204 00
14 Total paid policyholders 35819644 04
15 Expense of investigation and settlement of policy claims
including 2394389 for legal expense 28623 89
16 Paid for claims on supplementary contracts not involv
ing life contingencies 16211 37
18 Paid stockholders for interest or dividends 140000 00
19 Commissions to agents less commission on reinsurance
First years premiums 153927563 renewal pre
miums 190462305 annuities original 391005
total 3447808 73
20 Commuted renewal commissions 100 00
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 22352 34
21a Compensation in industrial department to superintend
ents assistants and agents 12152123 23
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 125435 77
23 Branch office expenses including salaries of managers
and clerks not included in item 21 932167 81
24 Medical examiners fees 68841629 inspection of risks
39914853 total 1087564 82
25 Salaries and all other compensation of officers directors
trustees and home office employees 3566 in number 3464233 82
26 Bent including 74872245 for companys occupancy
of its own buildings 1094741 64
27 Advertising 2211585 printing and stationery 256
04513 postage telegraph telephone and express
21520515 exchange 737218 total 500738 31
28 Legal expense not included in item 15 28525 71
29 Furniture fixtures and safes 63280 96
30 Bepairs and expenses other than taxes on real estate 502940 48
31 Taxes on real estate 275194 30
32 State taxes on premiums 1170619 99
33 Insurance department licenses and fees 5905 59
34 All other licenses fees and taxes viz Federal cor
poration tax 19604845 municipal licenses 24
84922 agents licenses 737870 personal property
tax 139284 mortgage tax 40000 customs tax
280330 all other 196366 total 234836 17
38 Other disbursements viz Expense of curative aid to
sick industrial policyholders 45906414 sick dis
abled and inactive agents and clerks 20440059
campaign against tuberculosis 1290411 medical
attention for employees 47581 Metropolitan staffComptrollerGenerals Report
639
savings fund 11952161 general welfare work 50
18604 total 846552 30
Legislative expenses 975928 Association of Life In
surance Presidents exclusive of amount to legislative
and legal expenses 1327720 luncheon for home
office employees 19097442 calendars for industrial
policyholders 8840014 companys publications
13135236 examination by department and public
accountants 368607 expenses in connection with
annual election 2369940 loss account suspended
banks 13036 deposit account interest and rents
returned 2521883 suspense unclaimed checks paid
301716 agents shortage 131989 miscellaneous
interest payments 1587145 home office expenses
for details see schedule 22653365 total 733240 21
Law library 150636 circulating library for employees
205469 storage house expenses 84485 laundry
250708 typewriters calculating machines etc
2173610 expenses incident to investigation of in
vestments 615700 death certificates 329892
surety bonds 342014 service medals 963275
pictures and frames 186505 conventions 65
47140 repairs to furniture and fixtures refrigera
tion and pneumatic service supplies materials and
labor for account of companys office 5943812
home office traveling expenses 2077624 sundry
home office expenses 2782495 total 226533 65
45 Agents balances charged off 766 22
46 Gross loss on sale or maturity of ledger assets viz
Bonds 31321 23
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 58752760 bonds in
cluding 8153289 for amortization of premium
8153289 total 669060 49
48 Total disbursements 63393989 42
IVLedger Assets
1 Book value of real estate 23712354 17
2 Mortgage loans on real estate first liens 159609993 00
4 Loans made to policyholders on this companys policies
assigned as collateral 19211958 08
5 Premium notes on policies in force 1044620 84
6 Book value of bonds 16968164844 and stocks 8
10277090 total 177784419 34
7 Cash in companys office 59263 73
640 ComptrollerGenerals Eeport
8 Deposits in trust companies and banks
not on interest 72187 96
9 Deposits in trust companies and banks on
interest 5531072 10
Total cash items 5662523 79
10 Agents balances debit 30691 20
11 Cash in transit 10095837 renting section inventory
2869990 advanced to superintendents and assistants
to facilitate payment of death claims 705000 fire
insurance premium advanced secured 112000 total 137828 27
12 Total ledger assets 387194388 69
NonLedger Assets
13 Interest due 7353241 and accrued 2
00457248 on mortgages 2078104 89
14 Interest due 545066 and accrued 2
54892997 on bonds total 2554380 63
16 Interest due 14446530 and accrued
35961020 on premium notes policy
loans or liens 504075 50
20 Bents due 809937 and accrued 2
88574 on companys property or lease 10985 11
21 Total interest and rents due and accrued 5147546 13
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 113605 39 1601218 83
26 Gross deferred premiums
on policies in force De
cember 31 1912 less re
insurance premiums 954524 35 5568990 42
27 Totals 1068129 74 7170209 25
28 Deduct loading 213625 95 143404185
29 Net amount of uncollected
and deferred premiums 854503 79 5736167 40 6590671 19
Industrial premiums due and unpaid less loading 1135607 66
35 Gross assets 400068213 67ComptrollerGenerals Report
641
Deduct Assets Not Admitted
38 Agents debit balances gross 30691 20
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 278757 71
43 Book value of ledger assets over market
value viz Bonds not subject to amor
tization 154036240 stocks 224
36115 total 1764723 55
44 Benting section inventory 28699 90
Total 2102872 36
46 Admitted assets 397965341 31
VLiabilities Surplus and Other Funds
Net present value of all outstanding
policies in force on the 31st day of
December 1912 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
in la 122671033 00
Same for reversionary additions 91092 00
la Actuaries table doubled at 4 per cent on
all issues special class policies up to
January 1 1901 488891 00
Same for reversionary additions 150378 00
Total 123401394 00
2 American Experience table at 3 per
cent on all issues from January 1 1901
to January 1 1913 except as stated
below 153178940 00
Same for reversionary additions 312243 00
Total 153491183 00
3 American Experience table doubled at 3
per cent on all issues special class poli
cies from January 1 1901 to January
1 1907 1780000 00
Same for reversionary additions 278926 00
Total 2058926 00642 ComptrollerGenerals Report
4 Other tables and rates viz
Standard Industrial table 3 per cent
from January 1 1906 46449073 00
Substandard Industrial table 3 per cent
from January 1 1907 3265457 00
Intermediate tables 3V2 per cent from
January 1 1907 16483783 00
Special class table 3 per cent from
January 1 1907 2395869 00
Contingent waiver of premium in certain
policies based on Hunters disability
table at 3 per cent interest 6769 00
Total 68600951 00
5 Net present value of annuities including
those in reduction of premiums Give
tables and rates of interest viz
Actuaries table at 4 per cent 76812 00
American table at 3 per cent 429194 00
MkjClintock s table at 3 per cent 575882 00
Total 1081888 00
Total 348634342 00
6 Deduct net value of risks of this company reinsured
in other solvent Companies 127403 00
8 Net reserve paidfor basis 348506939 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 125457 00
10 Liability on policies cancelled and not included in net
reaserve upon which a surrender value may be
demanded 114527 93
11 Claims for death losses due and unpaid 13405 10
12 Claims for death losses in process of ad
justment or adjusted and not due 139043 86
13 Claims for death losses incurred for which
no proofs have been received 374317 18
14 Claims for matured endowments due and
unpaid 29030 15
15 Claims for death losses and other policy
claims resisted by the company 195295 30
17 Total policy claims 751091 59
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 24111 33CompteollebGeneeals Keport
043
20 Premiums paid in advance including surrender values
so applied 1465872 48
21 Unearned interest and rent paid in advance 46347 49
23 Commissions to agents due or accrued 28123 34
25 Salaries rents office expenses bills and accounts due
or accrued 115440 97
26 Medical examiners fees 16178664 and legal fees
1900000 due or accrued total 180786 C4
27 Eeserve for estimated amount hereafter payable for
federal State and other taxes based upon the busi
ness of the year of this statement 1525000 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 742823 29
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 1595751 38
Bonuses apportioned to nonparticipating industrial poli
cies and payable in 1913 6281571 OQ
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 13436 26
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 405716 37
35 Eeserve special or surplus funds not included above
36 To cover death claims of which the company had no
knowledge December 31 45000000 other possible
items 15000000 total 600000 00
39 All other liabilities viz Fire insurance fund 93
58203 special trust company deposit Exchange Build
ing Co mortgage loan 1343870 agents cash de
posits in lieu of bonds 35679868 unclaimed checks
etc 1961368 deposit account bond and mortgage
interest and rent 6404190 total 547474 99
44 Capital stock 2000000 00
45 Unassigned funds surplus 32894870 25
46 Total397965341 31
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 7608 9028260 00644 CompteolleeGeneeals Eepoet
18 Policies on the lives of citizens of said state
issued during the year 2136 2267743 00
19 Totai 9744 11296003 00
20 Deduct ceased to be in force during the year 1167 1292896 00
21 Policies in force December 31 8577 10003107 00
No Amount
22 Losses and claims unpaid December 31 of pre
vious year 10 8516 00
23 Losses and claims incurred during year 92 78267 00
24 Total 12 86783 00
25 Losses and claims settled during the year in cash 91 74783 00
26 Losses and claims unpaid December 31 11 12000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses ordinary 618240 46
MICHIGAN MUTUAL LIFE INSURANCE COMPANY OF DETROIT
MICHIGAN
O E Looker President A P Moore Secretary
Principal Office 150 Jefferson Ave Detroit Michigan
Geo L Crandall 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 11370122 48
4 Extended at 11370122 48
IIIncome
5 First years premiums on original policies
without deduction foT commissions or
other expenses less 1081543 for first
years reinsurance 193551 77
6 Surrejndei values applied to pay first
years premiums 52 44
7 Total first years premiums on original policies 193604 21ComptrollerGeneraes Eepokt 45
8 Dividends applied to purchase paidup additions and
annuities 5941 07
12 Total new premiums 199545 28
13 Renewal premiums without deduction for
commissions or other expenses less 21
10850 for reinsurance on renewals 1266392 46
14 Dividends applied to pay renewal pre
miums 7447 65
15 Dividends applied to shorten the endow
ment or premiumpaying period 394 14
16 Surrender values applied to pay renewal
premiums 281 79
18 Total renewal premiums 1274516 04
19 Total premium income 1474061 32
23 Gross interest on mortgage loans 483714 30
24 Gross interest on collateral loans 381 91
25 Gross interest on bonds 1500 00
26 Gross interest on premium notes policy
loans or liens 97721 89
27 Gross interest on deposits in trust com
panies and banks 4498 68
28 Gross interest on other debts due the com
pany viz Advance made to agent 84 00
31 Gross discount on claims paid in advance 156 89
32 Gross rent from companys property 1083 15
33 Total gross interest and rents 589140 82
41 Gross profit on sale or maturity of ledger assets viz
Real estate 965 51
43 Total income 2064 167 6j
IIIDisbursements
1 For death claims less 2000000 reinsur
ance 54807998 additions 405257
total 552132 55
2 For matured endowments less 203000
reinsurance 49588680 additions
481069 total 500697 49
3 Net amount paid for losses and matured endowments 1052830 04
5 Premium notes and liens voided by lapse less 2288
restorations 1969 75
6 Surrender values paid in cash or applied in liquidation
of loans or notes 341755 42
646
ComptrollerGeneral s Eeport
7 Surrender values applied to pay new premiums 5244
to pay renewal premiums 28179 total 334 23
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 74990 60
10 Dividends applied to pay renewal premiums 7447 65
11 Dividends applied to shorten the endowment or premium
paying period
12 Dividends applied to purchase paidup additions and
annuities 5941 07
14 Total paid policyholders 1485662 90
15 Expense of investigation and settlement of policy claims
including 158072 for legal expenses 1840 72
16 Paid for claims on supplementary contracts not involv
ing life contingencies 9374 46
18 Paid stockholders for interest or dividends 25000 00
19 Commissions to agents less commission on reinsurance
First years premiums 13037427 renewal premiums
7572106 total 206095 33
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 4000 00
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 16390 33
23 Branch office expenses including salaries of managers
and clerks not included in item 21 31657 14
24 Medical examiners fees 1746350 inspection of risks
307042 total 20533 92
25 Salaries and all other compensation of officers directors
trustees and home office employees 70690 8o
26 Rent including companvs occupancy of its own build
ings H190 4
27 Advertising 404169 printing and stationery 792626
postage telegraph telephone and express 557476
exchange 61606 total 18158 80
28 Legal expense not included in item 15 4562 50
29 Furniture fixtures and safes 1657 38
30 Repairs and expenses other than taxes on real estate 3353 02
31 Taxes on real estate 185133
32 State taxes on premiums 20366 20
33 Insurance department licenses and fees 2391 28
34 All other licenses fees and taxes viz Federal cor
poration tax 131218 local taxes city county and
State 1833805 miscellaneous city licenses and
taxes 76566 total 20415 89
38 Other disbursements viz Investment expenses 1
53283 subscriptions 23710 all other office ex45 ComptrollerGeneral s Report penses 492827 printing mortgage schedules 24800 total 617 0946 20 409 67 i
48 1962547 96 102254 31 9425 060 54
1 IVLedger Assets
a Mortgage loans on real estate first liens
lateral 100C0 00
4 Loans made to policyholders on this companys policies
assigned as collateral 1638413 42
5 Premium notes on policies in force of which 16915
is for first years premiums 62321 41
6 Book value of bonds 25000 00
7 Cash in companys office 21990 20
9 Deposits in trust companies and banks on interest 183 723 33
10 Agents balances debit 517024 credit 19728 net 4972 96
12 Total ledger assets 11471742 17
NonLedger Assets
13 Interest due 959705 and accrued 123
37269 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest due 932522 and accrued 12
73609 on premium notes policy loans
or liens
20 Eents accrued on companys property or
lease
132969 74
250 00
119 18
22061 31
29 83
21 Total interest and rents due and accrued
22 Market value of real estate over book value
24 Due from other companies for losses or claims on poli
cies of this company reinsured
25 Gross premiums due and nnreported on policies in force
December 31 1912 less reinsurance premiums
26 Gross deferred premiums on policies in force December
31 1912 less reinsurance premiums
155430 08
4377 20
10000 00
70739 19
90294 16
27 Totals 101033 33
28 Deduct loading 35709 74
29 Net amount of uncollected and deferred premiums
35 Gross assets
125323 61648
ComptrollerGexerals Report
Deduct Assets NotAdmitted
38 Agentsdebit balances gross 5170 24
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 1358 83
Total i 6521 07
46 Admitted assets 11760343 97
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
Michigan 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 1903 7841702 00
Same for reversionary additions 128659 37
2 American Experience table at 3 per cent
on policies issued from January 1 1903
and modified preliminary term from
January 1 1908 2725294 00
3 American Experience table at 3 per cent
on whole life and 20 payment life in
stallment option participating from
January 1 1903 57097 00
Total 10752752 37
6 Deduct net value of risks of this company
reinsured in other solvent companies 77410 00
7 Reserve to provide for health and accident
benefits contained in life policies 5 00
8 Net reserve 10675347 37
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 46064 70
13 Claims for death losses incurred for which
no proofs have been received 62304 63
14 Claims for matured endowments due and
unpaid 2105 19
15 Claims for death losses and other policy
claims resisted by the company 1000 00
17 Total policy claims 65409 82CompteolleeGenekals Report 49
20 Premiums paid in advance including surrender values
so applied 5883 69
21 Unearned interest and rent paid in advance 27132 63
22 Commissions due to agents on premium notes when paid 2449 12
25 Salaries rents office expenses bills and accounts due
or accrued 4037 52
26 Medical examiners fees 183000 and legal fees
44500 total 2275 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 21111 86
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 1428 13
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 3997 86
39 All other liabilities viz Deposit account 493 63
44 Capital stock 250000 00
45 Unassigned funds surplus 654712 64
46 Total 11760343 97
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 993 1974633 83
18 Policies on the lives of citizens of said State
issued during the year 162 303932 22
19 Total 1155 2278566 05
20 Deduct ceased to be in force during the year 165 392522 79
21 Policies in force December 31 990 1886043 26
23 Losses and claims incurred during year 16 25660 00
24 Total 16 25600 CO
25 Losses and claims settled during the year in cash 16 25660 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 53 094 2550 ComptrollerGenerals Report
MISSOURI STATE LIFE INSURANCE CO OF ST LOUIS MO
Edmund P Melson President H V Donnelly Asst Secretary
Principal Office Fourth Floor Chemical Bldg St Louis Missouri
Win A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2952117 40
4 Extended at
2952117 46
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 447626 for first
years reinsurance
Dividends applied to pay first years pre
miums
6 Surrender values applied to pay first
years premiums
330225 08
1170 11
324 71
7 Total first years premiums on original policies
8 Dividends applied to purchase paidup additions and
annuities
Dividends held on deposit and surrendered applied to
purchase paid additions and annuities
9 Surrender values applied to purchase paidup insurance
and annuities
11 Consideration for supplementary contracts involving life
contingencies
12 Total new premiums
13 Eenewal premiums without deduction for
commissions or other expenses less 13
74388 for reinsurance on renewals
14 Dividends applied to pay renewal prem
iums
16 Surrender values applied to pay renewal
premiums
860S98 89
7480 81
1524 66
331719 90
1655 94
L6 7
929 34
5147 62
339469 53
809904 36
18 Total renewal premiums
19 Total premium income 1209373 89ComptrollerGeneral s Report
651
20 Consideration for supplementary contracts not involving
life contingencies 1522 00
21 Dividends left with the company to accumulate at
interest 161131
23 Gross interest on mortgage loans less 3271 accrued
interest on mortgages acquired during 1912 148254 52
25 Gross interest on bonds and dividends on stocks 1080 00
26 Gross interest on premium notes policy loans or liens 42089 34
27 Gross interest on deposits in trust companies and banks 4502 25
29 On bills receivable 473 25
30 On agents balances 3622 47
33 Total gross interest and rents 200021 83
34 From other sources Policy loans and liens restored by
revival of policies 1043546 premiums on health
riders to life policies 87195 premiums on accident
Eiders to life policies 194392 surrender of total
disability benefit 105718 sale of handy guides
510 bonus on mortgage loans paid off prior to
maturity 56000 total 403176 97
40 From agents balances previously charged off 150 74
43 Total income 1427553 38
1 ITDisbursements
1 For death claims 21113963 additions
1610985 total i
2 For matured endowments
227249 48
47648 08
3 Net amount paid for losses and matured endowments 274897 56
4 For claims under total disability clause in life policies 3649 47
4 For annuities involving life contingencies 1342 37
4 For claims under health and accident policies to life
policies 567 80
5 Premium notes and liens voided by lapse less 544905
restorations and 21507 paid but not restored 7708 84
6 Surrender values paid in cash or applied in liquidation of
loans or notes 97466 12
7 Surrender values applied to pay new premiums 32471
to pay renewal premiums 152466 total 1849 37
8 Surrender values applied to purchase paidup insurance
and annuities 929 34
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 1336 04
10 Dividends applied to pay renewal premiums 7480 81
12 Dividends applied to purchase paidup additions and an
nuities 1655 94652
ComptrollerGenerals Report
13 Dividends left with the company to accumulate at in
terest i611 31
14 Total paid polieyholders 413645 08
15 Expense of investigation and settlement of policy claims
including 307961 for legal expenses 3270 68
16 Paid for claims on supplementary contracts not involving
life contingencies 943 05
17 Dividends and interest thereon held on deposit surren
dered during the year
18 Paid stockholders for interest or dividends 24000 00
19 Commissions to agents less commission on reinsurance
First years premiums 22604212 renewal premiums
3806880 accident 14849 health 6039 total 264319 80
20 Commuted renewal commissions 9071 9
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 11866 41
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 75ol 14
23 Branch office expenses including salaries of managers
and clerks not included in item 21 9304 86
24 Medical examiners fees 2015950 inspection of risks
652105 total 26680 55
25 Salaries and all other compensation of officers directors
trustees and home office employees 47104 27
26Rent 800 00
27 Advertising 135463 printing and stationery 9
738 57 postage telegraph telephone and express 0
09732 exchange 76897 total 17959 49
28 Legal expense not included in item 15 1388 90
29 Furniture fixtures and safes 930 39
32 State taxes on premiums 13230 65
33 Insurance department licenses and fees 6028 93
34 All other licenses fees and taxes Federal corporation
tax 97811 municipal licenses and taxes 1116661
other state licenses and taxes 157650 total 13721 22
38 Other disbursements Collection of Premiums 135512
incidental office expense 166446 investment ex
penses 144946 total 449 04
45 Agents balances charged off 6616 64
48 Total disbursements 890134 94
IVLedger Assets
2 Mortgage loans on real estate first liens 2340056 66
4 Loans made to policyholders on this companys policies 758495 06
5 Premium notes on policies in force of which 11230 is
for first years premiums 24221 12T
ComptrollerGenerals Eeport 653
6 Book value of bonds 15050 00
7 Cash in companys office 16131 22
9 Deposits in trust companies and banks on interest 280733 90
10 Bills receivable 12898 10 agents balances debit
4511597 credit 316613 net 41949 84 total 54847 94
12 Total ledger assets 3489535 90
NonLedger Assets
13 Interest due 3198999 and accrued 93
40027 on mortgages 125390 26
14 Interest accrued on bonds 37 50
16 Interest accrued on premium notes policy
loans or liens 7385 62
17 Interest accrued on other assets All on
Bank Balances 392 72
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force December 31 1912
26 Gross deferred premiums on policies in
force December 31 1912
27 Total
28 Deduct loading
133206 10
64789 31
65235 98
130025 29
23287 54
29 Net amount of uncoilected and deferred premiums
31 Office furniture fixtures safes supplies printed matter
106737 75
10000 00
35 Gross assets 3739479 75
Deduct Assets Not Admitted
37 Supplies stationery printed matter fur
niture fixtures and safes
38 Commuted commissions agents debit
balances gross
40 Loans on personal security endorsed or
not bills receivable
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies
43 Book value of ledger assets over market
value viz City of Roanoke Va bonds
par 1500000 book 1505000 market
1420000 total
10000 00
45115 97
12898 10
8616 89
850 00
46 Admitted assets 3661998 79654
ComptrollerGenerals Keport
VLiabilities Surplus and Other Funds
Net present value of all outstanding
policies in force on the 31 day of Dec
1912 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
policies bearing numbers above 24000 1405881 00
Same for reversionary additions 473 00
2 American Experience table at 3 per
cent on term policies and nonpartici
pating life and endowment policies
bearing numbers above 24000 and on all
guaranteed paid up addition policies 501326 00
Same for reversionary additions 46771 00
3 American Experience table at 3 per cent
on participating life and endowment
policies bearing numbers above 24000
except guaranteed paid up addition
policies 901090 00
Same for reversionary additions 1989 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries Table at 4 per cent 55 69
American Experience Table at 3 per
cent 1705 53
American Experience table at 3 per cent 3621 40
Total 2863812 62
6 Deduct net value of risks of this company
reinsured in other solvent companies 13025 00
7 Eeserve to provide for health and accident
benefits contained in life policies 7577 15
8 Net reserve 2858364 79
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 9683 54
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 2661 64
12 Claims for death losses in process of ad
justment or adjusted and not due 26105 48
14 Claims for matured endowments due and
unpaid 1000 00
15 Claims for death losses and other policy
claimB resisted by the company 15399 34ComptrollebGenerals Eepoet
655
16 Claims under health and accident riders to
life policies
65 00
17 Total policy claims
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners fees
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 defer
red premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 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 1913
35 Reserve special or surplus funds not included above
Extra premiums occupational
Trust fund acet trust fund dividend policies
44 Capital stock
45 TJnassigned funds surplus
42569 82
2863 66
8536 52
12270 20
127188
4403 54
1860 00
15026 69
4368 07
14609 71
79802 16
881 46
3094 75
300000 00
299730 36
46 Total
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year
18 Policies on the lives of citizens of said State
issued during the year
19 Total
20 Deduct ceased to be in force during the year
21 Policies in force December 31
22 Losses and claims unpaid December 31 of previous year
23 Losses and claims incurred during the year
813773 00
142652 00
956425 00
281106 00
675319 00
1000 00
3000 00
24 Total
4000 00656 ComptrollerGenerals Keport
25 Losses and claims settled during the year
26 Losses and claims unpaid Dec 31
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses
3000 00
1000 00
22687 46
THE MUTUAL BENEFIT LIFE INSURANCE COMPANY OF
NEWARK NEW JERSEY
Frederick Frelinghusen President J William Johnson Secretary
Eobert L Foreman Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year142139080 45
4 Extended at 142139080 45
IIIncome
5 First years premiums on original policies
without deduction for commissions or
otheT expenses 2772354 74
6 Surrender values applied to pay first
years premiums 9 03 i J
7 Total first years premiums on original
policies 2782058 53
8 Dividends applied to purchase paidup
additions and annuities 517250 13
10 Consideration for original annuities in
volving life contingencies 68523 79
12 Total new premiums 3367832 45
13 Eenewal premiums without deductions for
commissions or other expenses 16555118 07
14 Dividends applied to pay renewal prem
iums 2267069 88
15 Dividends applied to shorten the endow
ment or premiumpaying period 498043 05
16 Surrender values applied to pay renewal
premiums 15143 70
17 Eenewal premiums for deferred annuities 16466 78
18 Total renewal premiums 19351841 48
19 Total premium income 22719673 93ComptrollerGeneral s Report
657
20 Consideration for supplementary contracts not involving
life contingencies
23 Gross interest on mortgage loans 3524214 60
24 Gross interest on collateral loans 86425 50
25 Gross interest on bonds and dividends on
stocks less 3121360 accrued interest
on bonds acquired during 1912 1795629 26
26 Gross interest on premium notes policy
loans or liens 1561081 52
27 Gross interest on deposits in trust com
panies and banks 32423 41
29 Agents accounts 900 80
31 Gross discount on claims paid in advance 58 23
32 Gross rent from companys property 91582 98
592526 64
33 Total gross interest and rents 7092316 30
1150 00
19973 54
28090 62
34 From other sources Doubtful debt recovered 80000
exchange of coupon bonds for registered bonds of
same issue 35000 total
41 Gross profit on sale or maturity of ledger assets viz
Real estate 1817354 bonds 180000 total
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
43 Total income 30453731 03
IIIDisbursements
1 For death claims 726498505 additions
15370355 total 7418688 60
2 For matured endowments 1623141 03
additions 12180441 1744945 44
3 Net amount paid for losses and matured endowments 9163634 04
4 For annuities involving life contingencies 167385 09
5 Premium notes and liens voided by lapse 1983 57
6 Surrender values paid in cash or applied in liquidation of
loans ot notes 3355239 19
7 Surrender values applied to pay new premiums 9
70379 to pay renewal premiums 1514370 24847 49
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 385514 42
Dividends applied to pay renewal premiums 2267069 88
Dividends applied to shorten the endowment or premium
paying period 498043 05
Dividends applied to purchase paidup additions and
annuities 517250 13
14 Total paid policyholders 16380966 86
10
11
12
658 ComptrollebGeneeals Kepoet
15 Expense of investigation and settlement of policy claims
including 18901 for legal expenses 24 01
16 Paid for claims on supplementary contracts not involving
life contingencies 312205 61
19 Commissions to agents less commission on reinsurance
First years premiums 116546816 renewal prem
iums 121374171 annuities original 238407
renewal 34301 total 2381937 55
20 Commuted renewal commissions 8800 00
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 680 19
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 49750 56
23 Agency expense including salaries of managers and
clerks not included in item 21 22725 83
24 Medical examiners fees 16071500 inspection of risks
282091 total 163535 91
25 Salaries and all other compensation of officers directors
trustees and home office employees 449683 93
26 Eent 79876 U
27 Advertising 2559683 printing and stationery 27
69000 postage telegraph telephone and express 52
70718 exchange 105994 01
28 Legal expense not included in item 15 47661 31
29 Furniture fixtures and safes 3258 04
30 Repairs and expenses other than taxes on real estate 25440 03
31 Taxes on real estate 53540 46
32 State taxes on premiums 251527 98
33 Insurance department licenses and fees 1876 00
34 All other licenses fees and taxes Federal corporation
tax 61853 98 State county and municipal taxes
19379170 county and municipal licenses 795961 263605 29
38 Other disbursements Mortgage loan expense 42275 18
heat and light 1193809 restaurant 1994190
laundry and extra janitor services 197111 home
office supplies 1933279 home office repairs 88918
detective services 34000 special street lighting
assessment 10938 petty cash 105837 medieo
acturial mortality investigation 292989 miscellane
ous office expenses 178153 total 102567 42
45 Agents balances charged off 11732 25
45 Agents over remittances 1548S 5
46 Gross loss on sale or maturity of ledger assets viz
Real estate 969 28
47 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 3781875 bonds 132
83750 total 170656 25
48 Total disbursements 20925635 73I
ComptrollerGenerals Eeport
IVLedger Assets
659
1 Book value of real estate 2 757 168 77
2 Mortgage loans on real estate first liens 7590l444 58
3 Loans secured by pledge of bonds stocks or other to
lateral 2000000 00
4 Loans made to policyholders on this companys policies
assigned as collateral or secured by terms of policies 21633644 43
5 Premium notes on policies in force of which 528490 is
for first years premiums 5950430 14
6 Book value of bonds 42 172 340 71
7 Gash in companys office g 33O jg
8 Deposits in trust companies and banks not on interest 108373 72
9 Deposits in trust companies and banks on interest 1110312 83
10 Agents balances debit 3303585 credit 4490546
28130 39
net
12 Total ledger assets 151670175 75
NonLedger Assets
13 Interest due 935309 and accrued 1
74635873 on mortgages 1755711 82
14 Interest accrued on bonds
16 Interest due 11623489 and accrued
67462635 on premium notes policy
loans or liens
644090 92
790861 24
21 Total interest and rents due and accrued 3190663
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums 872852 84
26 Gross deferred premiums on policies in
force December 31 1912 less rein
surance premiums 1575348 69
27 Totals 2448201 53
28 Deduct loading 20 per cent 489640 31
29 Net amount of uncollected and deferred premiums 1958561 22
35 Gross assets 156819400 95
Deduct Assets Not Admitted
38 Agents debit balances gross 33035 85660 CompteollebGeneeals Repobt
43 Book value of ledger assets over market
value viz Bonds 130650 67
Total 163686 52
46 Admitted assets 156655714 43
VLiabilities Surplus and Other Funds
Net present value of all outstanding
policies in force on the 31st day of
December 1912 as computed by the
New Jersey insurance department on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on partici
pating policies issued prior to January
1 1900 including special allowance for
surrender values guaranteed toy the
company on the American 3y2 per cent
basis 62367484 00
Same for reversionary additions 40o822 00
66425756 00
Total
3 American Experience table at 3 per cent
on all policies issued since December
31 1899 and on all nonparticipating
policies 72353047 0
Same for reversionary additions 1091754 00
Total 7344480100
5 Net present value of annuities including
those in reduction of premiums viz
McClintock 3 per cent 1996689 00
VT 141867246 00
8 Net reserve v
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 2170337 69
12 Claims for death losses in process of ad
justment or adjusted and not due 151335 63
13 Claims for death losses incurred for which
no proofs have been received esti
mated 400000 00
14 Claims for matured endowments due and
unpaid 44498 00ComptrollerGenerals Report 661
15 Claims for death losses and other policy
claims resisted by the company 22500 00
17 Total policy claims 618333 63
20 Premiums paid in advance including surrender values
so applied 74456 01
21 Unearned interest and rent paid in advance 782 79
23 Commissions to agents due or accrued 10223 75
24 Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon 54462 11
25 Salaries rents office expenses bills and accounts due
or accrued estimated 50000 00
26 Medical examiners fees 39901 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 580000 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 496652 88
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise Regular dividend 403417487 special
dividend 86702578 total 4901200 65
35 Eeserve special or surplus funds not included above
Contingency reserve funds Suspended mortality
fund 301747100 dividend equalization fund 333
17404 security fluctuation and real estate deprecia
tion fund 244147288 total 5792117 92
46 Total156655714 43
Business in the State of Georgia During the Year
Xo Amount
17 Policies on the lives of citizens of said State
in force December 31 of previous year 7384 15090389 00
18 Policies on the lives of citizens of said State
issued during the year 069 2572844 00
19 Total 8453 17663233 00
20 Deduct ceased to be in force during the year 519 1077546 00
21 Policies in force December 31 7934 16585687 00
23 Losses and claims incurred during year 86 283718 00
24 Total 86 283718 00

662 ComptrollerGenerals Report
25 Losses and claims settled during the year in
cash 84
26 Losses and claims unpaid December 31
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends eommis
sions or other expenses
267218 00
16500 00
540282 12
THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK N Y
Charles A Peabody President Wm J Easton Wm Frederick Secys
Home Office 34 Nassau Street New York City N Y
Robert F Shedden Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year569480216 23
4 Extended at 569480216 23
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 17301 09 for first
years reinsurance 5416416 57
6 Surrender values applied to pay first
years premiums 46598 05
7 Total first years premiums on original
policies 5463014 62
8 Dividends applied to purchase paidup
adoptions and annuities 2002987 68
10 Consideration for original annuities in
volving life contingencies 853491 67
11 Consideration for supplementary contracts
involving life contingencies 1056745 21
12 Total new premiums 9376239 18
13 Benewal premiums without deductions for
commissions or other expenses less
10979265 for insurance on renewals 43983226 49
14 Dividends applied to pay renewal prem
iums 2959126 22ComptrollerGenerals Report 663
10 Surrender values applied to pay renewal
premiums 417425 52
17 Renewal premiums for deferred annuities 11014 58
18 Total renewal premiums 47370792 81
19 Total premium income 56747031 99
20 Consideration for supplementary contracts not involving
life contingencies 431514 08
21 Dividends left with the company to accumulate at
interest 85113 29
23 Gross interest on mortgage loans 6534105 68
25 Gross interest on bonds and dividends on
stocks less 16001232 accrued interest
on bonds acquired during 1912 14412605 66
26 Gross interest on premium notes policy
loans or liens 3905306 59
27 Gross interest on deposits in trust com
panies and banks 132700 85
28 Gross interest on other debts due the com
pany Interest on deferred premiums
overdue premiums and interest 120
52022 interest on real estate contracts
442514 total 124945 36
32 Gross rent from companys property in
cluding 32992381 for companys occu
pancy of its own buildings 1546085 11
33 Total gross interest and rents 26655749 25
34 From other sources viz Collections or deposits re
ceived for account of others not paid out 83676 72
37 Conscience money 101 00
38 Policy fees 2716 28
39 Premium extension fees 29705 49
Total 32522 77
40 Prom agents balances previously charged off 12802 08
41 Gross profit on sale or maturity of ledger assets viz
Real estate 808301 bonds 107326295 stocks
102921369 total 2110559 65
42 Gross increase by adjustment in book value of ledger
assets viz Bonds 287543 91
43 Total income 86446513 74664
ComptkollekGenerads Eepoet
IIIDisbursements
1 For death claims less 12000000 rein
surance 2145028420 additions 1
20068374 total 22650967 94
2 For matured endowments 842388139
additions 472200 total 8466603 39
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 46
59805 to pay renewal premiums 41742552 total
9 Dividends paid to polieyholders 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
annuities
13 Dividends left with the company to accumulate at in
terest
31117571 33
2677900 10
11365161 72
464023 57
85113 29
16
17
19
14 Total paid polieyholders
15 Expense of investigation and settlement of policy claims
including 4071023 for legal expenses
Paid for claims on supplementary contracts not involving
life contingencies
Dividends and interest thereon held on deposit surren
dered during the year
Commissions to agents less commission on reinsurance
First years premiums 239092321 renewal pre
miums 137608751 annuities original 4008699
renewal 9852 total
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks not included in item 21
24 Medical examiners fees 36062382 inspection of risks
6563085 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Kent including 32992381 for companys occupancy of
its own buildings less 320276 received under sub
lease
27 Advertising 5748746 printing and stationery 146
25618 postage telegraph telephone and express
21845293 exchange 3412988 total
52207 35
316393 10
18158 89
211039 76
760866 89
805458 56
426254 67
1346098 06
5301723 41
456326 45ComptrollerGexerals Report
665
28 Legal expense not included in item 15 2468611 legis
lative 641068 total
29 Furniture fixtures and safes including repair and main
tenance
30 Repairs and expenses other than taxes on real estate
31 Taxes on real estate
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes viz Federal cor
poration tax 23318785 local tax on premiums 3
69810 personal property school levee and publica
tion taxes in U S 8143348 stock transfer tax
56740 foreign taxes other than on premiums 31
34436 foreign tax on investments 194152 duty
136122 total
38 Other disbursements viz Other investment expenses
594509 traveling general office employees 96
01488 law library 297158 cost of election and
election lists 1629753 general audit 784125
office supplies and expenses home office 1998165
cost state examination 1682807 reports to govmts
287367 association memberships 1681242 fire
mens relief fund 1000000 payments from deposits
on account of pending insurance 1679126 disbursed
from amounts held for account of sundry parties 52
79079 loss on account of bank suspension 2034
loss on account of cost shortage 776 total
45 Agents balances charged off
46 Gross loss on sale or maturity of ledger assets viz
Real estate 181260 stocks 6152774 total
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds including 12571922 for amorti
zation of premium
31096 79
48334 98
401922 91
371607 20
657887 20
30506 44
273533 93
265176 29
40713 27
63340 34
125719 22
48 Total disbursements 7 g 098 91
IVLedger Assets
1 Book value of real estate 23 532 623 87
2 Mortgage loans on real estate first liens 139 691 244 47
4 Loans made to policyholders on this companys policies
assigned as collateral 80059863 76
6 Book value of bonds 30942169586 and stocks 28
60005709 total 338021752 95
7 Cash in companys office 34 113 36
Cash in transit since received 19500 00
8 Deposits in trust companies and banks not
on interest 253316 15666 ComptrollerGenerals Report
9 Deposits in trust companies and banks on
interest
1889812 54
Total cash items
Advanced on deposited to pay policy claims
10 Agents balances debit 3087144 net
11 Accounts collectible 6422987 supplies 3055677
total
Cash advanced to or in the hands of officers or em
ployees
2196742 05
613566 93
30871 44
94786 64
13178 95
12 Total ledger assets 584254631 06
NonLedger Assets
13 Interest due 1236714 and accrued 1
8065769S on mortgages 1818944 12
14 Interest due 1150431 and accrued 4
45633511 on bonds 4467839 42
16 Interest accrued on premium notes policy
loans or liens 96558 17
18 Interest accrued on deposits 9327 41
19 Interest accrued on real estate contracts 643 81
20 Rents due 3512598 and accrued 122
37390 on companys property or lease 157499 88
21 Total interest and rents due and accrued 6550812 81
23 Market value of bonds and stocks over book value 4386388 33
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 52239 13 294994107
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 295947 37 2204644 15
27 Totals 348186 50 5154585 22
28 Deduct loading 90528 49 1340192 14
29 Net amount of uncollected
and deferred premiums 257058 01 3814393 08 4072051 09
35 Gross assets 599263883 29CompteollerGenekal s Eepokt
667
Deduct Assets Not Admitted
37 Supplies stationery printed matter 30556 77
38 Agents debit balances gross 30871 44
39 Cash advanced to or in the hands of offi
cers or agents 13178 95
43 Book value of ledger assets over market
value viz Accounts collectible 64229 87
Total 138837 03
46 Admitted assets 599125046 26
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the in
surance department of State of New
York on the following tables of mor
tality and rates of interest viz
2 American Experience table at 3 per cent
on policies issued prior to January 1
1907 407112383 00
Same for reversionary additions 8845075 00
Total 415957458 00
3 American Experience table at 3 per cent
on policies issued after December 31
1906 30703970 00
Same for reversionary additions 6851105 00
Total 37555075 00
5 Net present value of annuities including
those in reduction of premiums viz
McClintock annuity table at 3 per cent
on annuities issued prior to January 1
1907 20230417 00
Three per cent on annuities issued after
December 31 1906 8877538 00
American Experience table at 3 per
cent 157700 at 3 per cent 1
78800 on dividend additions to survi
vorship annuities 3365 00
Total 29111320 00
Total 482023853 00668
ComptrollerGenerals Report
6 Deduct net value of risks of this company reinsured in
other solvent companies
53316 00
10
11
12
13
14
15
16
Net reserve paidfor basis 482570537 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 3333427 72
Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 5311 09
Claims for death losses due and unpaid 443523 45
Claims for death losses in process of ad
justment or adjusted and not due 758248 07
Claims for death losses incurred for which
no proofs have been received 2276061 42
Claims for matured endowments due and
unpaid 25422S 44
Claims for death losses and other policy
claims resisted by the company 370287 41
Due and unpaid on annuity claims involv
ing life contingencies 151578 85
17 Total policy claims
18 Due and unpaid on supplementary contracts not involv
ing life contingencies
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due
or accrued
Taxes due and accrued
26 Medical examiners fees 282832 and legal fees 545
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 de
ferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 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 1913
4253927 64
1478 84
219469 20
325433 76
1533961 36
28479 44
13651 74
71168 06
2833 77
801752 46
1019170 46
11849628 84V
ComptrollerGenerals Keport
669
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not included
in item 33 74682996 84
35 Reserve special or surplus funds not included above
Fund for depreciation of securities and general con
tingencies 12546662 02
41 Deposits on account of pending insurance 80335 99
42 Due sundry parties for collections made or deposits held
for their account 196401 94
46 Total 599125046 26
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 year12684 28031219 50
18 Policies on the lives of citizens of said State
issued during the year 1285 3148704 71
19 Total 13969 31179924 21
20 Deduct ceased to be in force during the year 929 2912311 01
21 Policies in force December 31 191213040 28267613 20
22 Losses and claims unpaid December 31 of pre
vious year 9 14239 43
23 Losses and claims incurred during year 218 448747 31
24 Total 227
25 Losses and claims settled during the year in
cash 218
26 Losses and claims unpaid December 31 1912 9
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses
462986 74
450278 31
12708 43
970110 27
THE NATIONAL LIFE ACCIDENT INSURANCE CO OF
NASHVILLE TENN
C A Craig President C E Clements Secretary
G C Lynch Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash
200000 00670
CompteollebGeneeals Repoet
2 Amount of ledger assets as per balance
December 31 of previous year 690486 66
3 Increase of capital during the year 50000 00
4 Extended at
IIIncome
740486 66
5 First years premiums on original policies
without deduction for commissions or
other expenses
12 Total new premiums
41551 05
41551 05
18 Total renewal premiums 2154113 82
19 Total premium income 2195664 S7
23 Gross interest on mortgage loans less
46840 accrued interest on mortgages
acquired during 1912 26740 19
24 Gross interest on collateral loans 3341 54
25 Gross interest on bonds and dividends on
stocks less 104306 accrued interest
on bonds acquired during 1912 2950 77
27 Gross interest on deposits in trust com
panies and banks 552 41
28 Gross interest on other debts due the com
pany viz Accounts 126 36
32 Gross rent from companys property in
eluding 500000 for companys occu
pancy of its own buildings 5000 00
33 Total gross interest and rents
34 From other sources viz Agency contracts 249376
deposits by agents in lieu of bonds 550765 total
40 From agents balances previously charged off
43 Total income
38711 29
8001 41
116 45
242494 00
IIIDisbursements
1 lor death claims
2 For disability claims
154830 20
667917 61
3 Net amount paid for losses and matured endowments 832747 81
14 Total paid policyholders S32747 81ComptbollerGenerals Report
671
15 Expense of investigation and settlement of policy claims
including 150719 for legal expenses 1507 19
18 Paid stockholders for interest or dividends Stock 50
00000 cash 3500000 total 85000 00
19 Commissions to agents less commission on reinsurance 731278 99
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 11591 54
23 Branch office expenses including salaries of managers
and clerks not included in item 21 277307 51
24 Medical examiners fees 1380 00
25 Salaries and all other compensation of officers directors
trustees and home office employees 56669 60
26 Rent including 500000 for companys occupancy of its
own buildings 25033 39
27 Advertising 561085 printing and stationery 13
43994 postage telegraph telephone and express 8
63991 total 27690 70
28 Legal expense not included in item 15 110 00
29 Furniture fixtures and safes 4681 78
30 Repairs and expenses other than taxes on real estate 787 07
31 Taxes on real estate and personalty 6481 60
32 State taxes on premiums 21869 88
33 Insurance department licenses and fees 1278 31
34 All other licenses fees and taxes viz Federal cor
poration tax 125336 municipal tax 249976 total 3753 12
38 Other disbursements viz Field convention and general
expenses 11186 44
45 Agents balances charged off 490 44
46 Gross loss on sale or maturity of ledger assets viz
Bonds 9 02
48 Total disbursements 2100856 39
IVLedger Assets
1 Book value of real estate 71090 39
2 Mortgage loans on real estate first liens 55827859
other than first liens 32500 total 558603 59
3 Loans secured by pledge of bonds stocks or other col
lateral 74860 00
6 Book value of bonds 8910388 and stocks 100000
total 90103 88
7 Cash in companys office 516986 and district offices
554127 total 10711 13
8 Deposits in trust companies and banks not on interest 53335 69
9 Deposits in trust companies and banks on interest 19002 41672 ComptrollerGenerals Report
10 Bills receivable 5000 agents balances debit 2
84694 credit 68326 net 2213 68
11 Stock and carriage 2 203 50
12 Total ledger assets 882124 27
NonLedger Assets
13 Interest due 76667 and accrued 8
18786 on mortgages 8954 53
14 Interest due and accrued on bonds 341 67
15 Interest due and accrued on collateral
loans 559 96
17 Interest due and accrued on other assets
Bank deposits 41 34
21 Total interest and rents due and accrued 9897 50
35 Gross assets 892021 77
Deduct Assets Not Admitted
38 Agents debit balances gross 2846 94
39 Loan on real estate 348 37
40 Bills receivable 50 00
42 Stock and carriage 2203 50
43 Book value of ledger assets over market
value viz Hotel stock 65000
bonds 30388 total 953 88
46 Admitted assets 885619 08
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
Tennessee insurance department on the
following tables of mortality and rates
of interest viz
Combined Experience table at 4 per cent 277152 46
Total 277152 46
7 Beserve to provide for health and accident benefits con
tained in life policies 22 633 73
8 Net reserve 299786 19
12 Claims for death losses in process of ad
justment or adjusted and not due 1375 6113
15
17
20
23
25
27
35
36
37
39
44
45
46
17
IS
19
20
21
22
23
24
25
26
27
ComptrollerGenerals Report 673
Claims for losses accident department 1206 43
Claims for death losses and other policy
claims resisted by the company 575 13
Total policy claims 3157 17
Premiums paid in advance including surrender values
so applied 29256 27
Commissions to agents due or accrued 18284 91
Salaries rents office expenses bills and accounts due
or accrued 3961 41
Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 26045 98
Reserve special or surplus funds not included above
Special disability reserve 23856 94
Contingent reserve 100000 00
All other liabilities viz Deposits by agents in lieu
of bonds 17969 67
Capital stock 200000 00
Unassigned funds surplus 163300 54
Total 885619 08
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 1578 61873 00
Policies on the lives of citizens of said State
issued during the year 6827 288099 00
Total 8405 349972 00
Deduct ceased to be in force during the year 4224 173534 00
Policies in force December 31 4181 176438 00
Losses and claims unpaid December 31 of pre
vious year 3 51 38
Losses and claims incurred during year 2217 7485 30
Total 2220 7536 68
Losses and claims settled during the year in
cash 2216 7484 18
Losses and claims unpaid December 31 4 52 50
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 25701 55674 CompteolleeGenebals Repobt
national life insurance company of united states of
america chicago illinois
A M Johnson President Kobert D Lay Secretary
Principal Office 29 South La Salle Street Chicago 111
Win 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 9357168 74
4 Extended at 9357108 74
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1847708 for first
years reinsurance 443543 22
7 Total first years premiums on original
policies 443543 2
8 Dividends applied to purchase paidup ad
ditions and annuities 1781 71
9 Surrender values applied to purchase paid
up insurance and annuities 43115 53
12 Total new premiums 488440 46
13 Renewal premiums without deduction for
commissionsor other expenses less 14
62395 for reinsurance on renewals 2085139 40
14 Dividends applied to pay renewal pre
miums 42956 79
18 Total renewal premiums 2128096 19
19 Total premium income 2616536 65
20 Consideration for supplementary contracts not involv
ing life contingencies 8973 38
22 Ledger assets other than premiums Received firom
other companies for assuming their risks net 3011224 70
23 Gross interest on mortgage loans less
4545 accrued interest on mortgages
acquired during 1912 206166 10
24 Gross interest on collateral loans 4339 18

ComptrollerGenerals Report 675
25 Gross interest on bonds and dividends on
stocks less 51306 accruedinterest on
bonds acquired during 1912 232629 03
26 Gross interest on premium notes policy
loans or liens 121782 15
27 Gross interest on deposits in trust com
panies and banks 25441 46
28 Gross interest on other debts due the com
pany 753 28
32 Gross rent from companys property in
cluding 42000 for companys occu
pancy of its own buildings 22694 81
33 Total gross interest and rents 613806 01
34 From other sources viz From sale of real estate pre
viously charged off 45000 profit and loss 227656
casualty department 41890216 total 421628 72
40 From agents balances previously charged off 1432 19
41 Gross profit on sale or maturity of ledger assets viz
Bonds 484500 stocks 2013400 total 24979 00
43 Total income 6698580 65
IIIDisbursements
1 For death claims less 912500 reinsur
ance 76042839 additions 704277
total 767471 16
2 For matured endowments 1967515 33
3 Net amount paid for losses and matured endowments 2734986 49
4 For annuities involving life contingencies 17274 14
5 Premium notes and liens voided by lapse less 15361
restorations 3777 14
6 Surrender values paid in cash or applied in liquidation
of loans or notes 463165 35
8 Surrender values applied to purchase paidup insurance
and annuities 43115 53
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 183378 14
10 Dividends applied to pay renewal premiums 42956 79
12 Dividends applied to purchase paidup additions and an
nuities 1781 71
14 Total paid policyholders 3490435 29
15 Expense of investigation and settlement of policy claims
including 135596 for legal expenses 1824 96676 ComptbolleeGeneeals Repobt
16 Paid for claims on supplementary contracts not involv
ing life contingencies 8635 16
18 Paid stockholders for interest or dividends 50000 00
19 Commissions to agents less commission on reinsurance
First years premiums 29734869 renewal premiums
8717054 total 284519 23
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 22019 04
22 Agency supervision and traveling expenses of supervisors
except compensation for home office compensation 250 92
23 Branch office expenses including salaries of managers
and clerks not included in item 21 36393 71
24 Medical examiners fees 2759775 inspection of risks
445748 total 32055 23
25 Salaries and all other compensation of officers directors
trustees and home office employees 169083 35
26 Bent including 42000 for companys occupancy of its
own buildings 20908 36
27 Advertising 430038 printing and stationer 17
25563 postage telegraph telephone and express
1087036 exchange 191151 total 34337 88
28 Legal expense not included in item 15 20812 75
29 Furniture fixtures and safes 13201 46
30 Bepairs and expenses other than taxes on real estate 12523 37
31 Taxes on real estate 4269 27
32 State taxes on premiums 31890 09
33 Insurance department licenses and fees 5188 84
34 All other licenses fees and taxes viz Federal cor
poration tax 167646 publication of annual state
ments 56588 all other 80134 total 3043 68
38 Other disbursements viz Investment expense 1
57330 taxes on personal propert 128520 associa
tion of life insurance presidents 87640 miscella
neous expense 464269 profit and loss 11653
casualty department 44099803 total 449492 15
45 Agents balances charged off 3431 23
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds 870170 stocks 2220524
total 30906 94
48 Total disbursements 4825222 91
IVLedger Assets
1 Book value of real estate 229560 71
2 Mortgage loans on real estate first liens 3447317 00
3 Loans secured by pledge of bonds stocks or other col
lateral 56000 00ComptrollerGenerals Report
677
4 Loans made to polieyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 161177906 and stocks 3217
61040 total
7 Cash in companys office 17972 96
8 Deposits in trust companies and banks not
on interest 4947 77
9 Deposits in trust companies and banks on
interest 604613 41
Total cash items
10 Agents balances debit 7438783 credit 164982
net
11 Casualty department
1752127 92
180672 17
4829389 46
627534 14
72738 01
35187 07
12 Total ledger assets 11230526 48
NonLedger Assets
13 Interest due 684887 and accrued 74
03412 on mortgages 80882 99
14 Interest accrued on bonds 8356 74
15 Interest accrued on collateral loans 1016 83
16 Interest accrued on premium notes policy
loans or liens 10982 49
17 Interest accrued on other assets 1855 05
21 Total interest and rents due and accrued
23 Market value not including interest in item 14 of
bonds and stocks over book value
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 59250 60 115639 93
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 6610 14 198553 69
27 Totals 65860 74 214193 62
28 Deduct loading 36418 39 60396 04
29 Net amount of uncollected
and deferred premiums 29442 35 253796 68
103094 10
164889 60
283239 03
35 Gross assets 11781749 21G78
ComptrollerGenerals Report
Deduct Assets Not Admitted
38 Agents debit balances gross 74387 83
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 29625 72
44 Casualty department 14129 74
45 Total assets not admitted 118143 29
46 Admitted assets 11663605 92
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
company on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on insur
ance issued prior to 1903 and part of
insurance issued from 1903 to 1907 in
clusive 5769884 35
Same for reversionary additions 565 00
Total 5770449 35
2 American Experience table at 3 per
cent on insurance issued subsequent to
1907 and balance of insurance issued
from 1903 to 1907 inclusive 4047580 31
Same for reversionary additions 1236 00
Total 4048816 31
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries table at 4 per cent 6008 00
American Experience table at 3l per cent 125334 00
Total 131342 00
l
Total 9950607 66
6 Deduct net value of risks of this company reinsured in
other solvent companies 49491 00
7 Reserve to provide for health and accident benefits con
tained in life policies 164 01
8 Net reserve 9901280 67
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 48751 22ComptrollerGenerals Repo
679

12 Claims for death losses in process of ad
justment or adjusted and not due 3557 00
13 Claims for death losses incurred for which
no proofs have been received 4922 00
14 Claims for matured endowments due and
unpaid 6500 00
16 Due and unpaid on annuity claims involv
ing life contingencies 2492 21
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred pre
miums in excess of the loading thereon
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners fees
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 de
ferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 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 1913
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not included
in item 33
39 All other liabilities viz Casualty department
44 Capital stock
45 Unassigned funds surplus
17471 21
11756 60
35995 18
1321 65
4790 43
2852 26
3000 00
2335 00
72288 40
7620 71
20636 23
97274 14
677385 33
117368 76
500000 00
141475 13
46 Total 11663605 92
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in force
December 31 of previous year 1176956 63
Assumed from Des Moines Life Insurance Co 606052 00680 CompteolleeGexeeals Report
18 Policies on the lives of citizens of said State issued dur
ing the year 530731 46
19 Total
20 Deduct ceased to be in force during the year
21 Policies in force December 31
23 Losses and claims incurred during year
24 Total 32560 48
25 Losses and claims settled during the year in cash 31560 48
26 Losses and claims unpaid December 31 l 000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses Life 6597613 accident
and health 1478127 total 80 757 40
2313740 366289 09 86
1947450 32560 23 48
NATIONAL LIFE INSURANCE COMPANY OF MONTPELIEEVT
Joseph A DeBoer President Osman D Clark Secretary
Home Office 116 State Street Montpelier Vermont
George M Hope Co Attorneys for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 51672739 74
4 Extended at 51672739 74
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 624014 18
6 Surrender values applied to pay first
years premiums j 062 21
7 Total first years premiums on original
Policies 625076 39
8 Dividends applied to purchase paid up
additions and annuities 40 921 85
10 Consideration for original annuities in
volving life contingencies 615063 56
11 Consideration for supplementary contracts
involving life contingencies 2 283 33
12 Total new premiums i283345 13ComptrollerGenerals Keport
681
13 Eenewal premiums without deduction for
commissions or other expenses 5076930 38
14 Dividends applied to pay renewal pre
miums 423961 54
15 Dividends applied to shorten the endow
ment or premiumpaying period 11567 79
17 Renewal premiums for deferred annuities 1707 35
18 Total renewal premiums 5 514 167 06
19 Total premium income
20 Consideration for supplementary contracts not involving
life contingencies
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans less
2400323 accrued interest on mortga
ges acquired during 1912 1260042 87
25 Gross interest on bonds and dividends on
stoeks less 1569906 accrued interest
on bonds acquired during 1912 783179 86
26 Gross interest on premium notes policy
loans or liens 4S5211 79
27 Gross interest on deposits in trust com
panies and banks 20834 51
29 Gross interest on premium 7691 61
30 Gross interest on nonledger assets 3632 81
31 Gross discount on claims paid in advance 443 33
32 Gross rent from companys property in
cluding 1002000 for companys occu
pancy of its own buildings 21623 35
6797512 19
36994 65
373 65
33 Total gross interest and rents
34 Prom other sources viz Profit on unlisted assets
40 Prom agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Real estate 116 bonds 17650 total
43 Total income
2582660 13
3980 58
17693 42
188 16
9439402 78
IIIDisbursements
1 For death claims 1896368 89
Additions 2517 91
2 For matured endowments 713163 52
Additions 1620 99
3 Net amount paid for losses and matured endowments 2613671 31682 ComptrollerGenerals Report
4 For annuities involving life contingencies 499039 88
6 Surrender values paid in cash or applied in liquidation
of loans or notes 1220454 38
7 Surrender values applied to pay new premiums 1062 21
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 561977 83
10 Dividends applied to pay renewal premiums 423961 54
11 Dividends applied to shorten the endowment or pre
mium paying period 11567 79
12 Dividends applied to purchase paidup additions and
annuities 40921 85
13 Dividends left with the company to accumulate at
interest 373 65
14 Total paid policyholders 5373030 44
15 Expense of investigation and settlement of policy claims
including 87184 for legal expenses 952 96
16 Paid for claims on supplementary contracts not involv
ing life contingencies 22662 04
17 Dividends and interest thereon held on deposit surren
dered during the year 105 38
19 Commissions to agents less commission on reinsurance
First years premiums 28328274 renewal premiums
37245282 annuities original 3075315 re
newal 8536 total 686574 07
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 1325 95
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 13900 77
23 Branch office expenses including salaries of managers
and clerks not included in item 21 84227 12
24 Medical examiners fees 4600650 inspection of risks
561616 total 51622 66
25 Salaries and all other compensation of officers directors
trustees and home office employees 171930 58
26 Rent including 1000000 for companys occupancy of
its own buildings 54236 62
27 Advertising 2023170 printing and stationery 15
64119 postage telegraph telephone and express 26
36284 exchange 91280 total 63148 53
28 Legal expense not included in item 15 152 06
29 Furniture fixtures and safes 11525 65
30 Repairs and expenses other than taxes on real estate 8637 31
31 Taxes on real estate 4653 52
32 State taxes on premiums 110258 17
33 Insurance department licenses and fees 6239 36ComptrollerGenerals Eeport
683
34 All other licenses fees and taxes viz Federal cor
poration tax 1905738 surplus tax 6299529 mu
nicipal licenses 186357 personal property tax
10197 total 84018 21
38 Other disbursements viz Home office supplies 16
33009 homo office travel 67300 investment ex
pense 4539699 loss on policy account 60571
total 63005 79
45 Agents balances charged off 672368 loss to non
listed assets 2626 total 6749 94
46 Gross loss on sale or maturity of ledger assets viz
Real estate 205 58
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds 28359 28
48 Total disbursements 6850521 99
IVLedger Assets
1 Book value of real estate 275000 00
2 Mortgage loans on real estate first liens 25525899 10
4 Loans made to policyholders on this companys policies
assigned as collateral 6777464 74
5 Premium notes on policies in force 1929223 24
6 Book value of bonds 19185932 46
7 Cash in companys office 082 29
8 Deposits in trust companies and banks not on interest 20000 00
9 Deposits in trust companies and banks on interest 545785 51
10 Agents balances debit 253558 credit 130239
net 1233 19
12 Total ledger assets 54261620 53
NonLedger Assets
13 Interest due 436851 and accrued 657
28977 on mortgages
14 Interest due 92500 and accrued 289
19482 on bonds
16 Interest due 4285248 and accrued
24275786 on premium notes policy
loans or liens
17 Interest accrued on other assets Bank
balances
18 Interest due on premiums
20 Rents due 102410 and accrued 90152
on companys property or lease
661658 28
290119 82
285610 34
1228 00
335 IS
1925 62
21 Total interest and rents due and accrued 1240877 14
684
ComptrollerGenerals Eeport
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums
27 Totals
28 Deduct loading
418177 34
524735 72
942913 06
205619 92
29 Net amount of uncollected and deferred premiums
737293 14
35 Gross assets 56239790 81
Deduct Assets Not Admitted
2535 58
38 Agents debit balances gross
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
43 Book value of ledger assets over market
value viz Bonds
181 44
200923 00
Total
203609 02
46 Admitted assets 56036150 79
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
actuary on the following tables of mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on all busi
ness in force issued prior to January
11901 24628554 00
Same for reversionary additions 93670 00
2 American Experience table at 3 per cent
on all business in force issued subse
quent to January 1 1901 17574302 00
Same for reversionary additions 94197 00
5 Net present value of annuities including
those in reduction of premiums viz
McClintock s Annuitants tables with in
terest at 3 per cent and American
3 per cent on insurance features of
annuities with reversions 4947071 00
8 Net reserve 47337794 00

ComptrollerGenerals Eeport
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the companys actuary
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
12 Claims for death losses in process of ad
justment or adjusted and not due 13310 30
13 Claims for death losses incurred for which
no proofs have been received 57078 00
14 Claims for matured endowments due and
unpaid 3669 00
15 Claims for death losses and other policy
claims resisted by the company 9660 00
16 Due and unpaid on annuity claims involv
ing life contingencies 16765 49
17 Total policy claims
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
24 Cost of collection on uncolleoted and deferred prem
iums in excess of the loading thereon
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners fees 31000 and legal fees 200000
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 defer
red premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 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 1913
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33
Reserve special or surplus funds not included above
Extra life rate endowment reserve
35
685
188994 00
4528 62
100482 79
570 06
10550 23
907 41
126 26
14162 49
28000 00
2310 00
180297 39
47597 62
608803 28
401773 60
4411214 19
174048 84
68 39 45 46 17 18 19 20 21 23 24 25 26 27 2 5 6 ComptbolleeGeneeals Report Surplus set apart for payment at termination of 11748 50000 1280 2460960 17 00 88 96
All other liabilities Estimated death claims unreported
1 Total Business in the State of Georgia During the Yef No Policies on the lives of citizens of said State in Policies on the lives of citizens of said State 56036150 ir Amount 6306344 1885097 79 67 33

Deduct ceased to be in force during the year 615 8191442 1128017 00 68
7063424 41000 32 00

Total 19 41000 30000 11000 196062 NY OF rgia 00 00 00 93
Losses and claims settled during the year 17 Premiums collected or secured in cash and notes or credits without any deduction for losses dividends

NEW ENGLAND MUTUAL LIFE INSURANCE COMP BOSTON MASS Alfred D Poster President Home Office 87 Milk Street Boston Mass B J Guinn Atlanta Ga Attorney for Service in Ge ICapital Stock Amount of ledger assets as per balance December 31 of previous year 56451735 73 IIIncome First years premiums on original policies without deduction for commissions or
ComptrollerGenerals Report 687
8 Dividends applied to purchase paidup ad
ditions 184908 50
13 Consideration for supplementary contracts
involving life contingencies 8820 27
12 Total new premiums 1225150 32
13 Renewal premiums without deductions for
commissions or other expenses 6170251 23
14 Dividends applied to pay renewal prem
iums 1187233 83
17 Total renewal premiums 7357485 06
19 Total premium income 8582635 38
20 Consideration for supplementary contracts not involving
life contingencies 94294 33
21 Dividends left with the company to accumulate at
interest 5425 so
23 Gross interest on mortgage loans less 111617 accrued
interest on mortgages acquired during 1912 562534 92
24 Gross interest on collateral loans 18433 01
25 Gross interest on bonds and dividends on stocks less
1874215 accrued interest on bonds acquired during
1912 149177141
26 Gross interest on premium notes policy loans or liens 425144 54
27 Gross interest on deposits in trust companies and banks 14753 66
31 Gross discount on claims paid in advance 972 8
32 Gross rent from companys property including 44
38000 for companys occupancy of its own buildings 128414 47
33 Total gross interest and rents 2642024 86
34 From other sources Real estate tax returned on property
sold 1639
41 Gross profit on sale or maturity of ledger assets viz
Bonds 1720600 Stocks 5748288 74688 88
43 Total income 11399085 34
IIIDisbursements
1 For death claims 3056445 60
Additions 25916 00
2 For matured endowments 637330 54
Additions U4U 00
3 Net amount paid for losses and matured endowments 3731123 14
6 Surrender values paid in cash or applied in liquidation of
loans or notes 796047 93688
ComptrollerGenerals Report
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 170283 02
10 Dividends applied to pay renewal premiums 1187233 83
12 Dividends applied to purchase paidup additions 184908 50
13 Dividends left with the company to accumulate at
interest 5425 50
14 Total paid policyholders 6075021 92
15 Expense of investigation and settlement of policy claims
including 21315 for legal expenses 213 15
16 Paid for claims on supplementary contracts not involving
life contingencies 11344 15
17 Dividends and interest thereon held on deposit surren
dered during the year 961 40
18 Paid for claims on supplementary contracts involving
life contingencies 19959 28
19 Commissions to agents less commission on reinsurance
First years premiums 48132611 renewal premiums
39552617 total 876852 28
20 Commuted renewal commissions 88 60
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 6622 19
23 Branch office expenses including salaries and managers
and clerks not included in item 21 141456 77
24 Medical examiners fees 8622979 inspection of risks
1247551 total 98705 30
25 Salaries and all other compensation of officers directors
trustees and home office employees 236429 09
26 Rent including 4438000 for companys occupancy of
its own buildings 50380 00
27 Advertising 1411030 printing and stationery 37
38809 postage telegraph telephone and express 13
12322 exchange 113523 total 65756 84
28 Legal expense not included in item 15 1 333 28
29 Furniture fixtures and safes 7 477 49
30 Repairs and expenses other than taxes on real estate 56074 42
31 Taxes on real estate 33 995 14
32 State taxes on premiums 75 775 67
33 Insurance department licenses and fees 10 108 05
34 All other licenses fees and taxes Federal corporation
tax 1813371 municipal licenses 382108 tax on
reserve 5540731 compulsory advertising 72280
miscellaneous taxes and fees 78568 total 78870 58
38 Other disbursements Association of life insurance
presidents 233011 legislative expense 78260
medicoaeturial mortality investigation 59248 mort
gage expense 109939 agency meeting 172114
office supplies 726823 fidelity company bonds 1ComptrollerGenerals Report
689
57201 lunches for night work 80500 auditing ac
counts 194400 protective watch service 104400
sundries 45547 total 19614 43
46 Gross loss on sale or maturity of ledger assets viz
Real estate 17558 00
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 20000 bonds 2664251 26842 51
48 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
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 3272544489 and stocks 2
51833125
7 Cash in companys office
9 Deposits in trust companies and banks on interest
1897526 19
300000 00
774057 62
873 36
523502 53
12 Total ledger assets
NonLedger Assets
13
14
15
16
17
20
21
22
23
25
26
Interest accrued on mortgages 114897 41
Interest accrued on bonds 507395 95
Interest accrued on collateral loans 4123 79
Interest due 3791810 and accrued 106
40514 on premium notes policy loans or
liens 144323 24
Interest accrued on other assets Bank in
terest 479 80
Rents due 7000 and accrued 611301
on companys property or lease 6183 01
Total interest and rents due and accrued
Market value of real estate over book value
Market value of bonds and stocks over book value
Gross premiums due and unreported on
policies in force Bee 31 1912 341200 25
Gross deferred premiums on policies in
force December 31 1912 305378 33
277403 20
3737 00
196778 86
27 Total 646578 58690
ComptbollebGeneeals Eepobt
28 Deduct loading
145480 18
29 Net amount of uncillected and deferred premiums
501098 40
35 Gross assets 61418397 99
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the Companys
Actuary on the following tables oi mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on all
policies prior to 1901 31050357 78
2 American Experience table at 3 per cent
on all policies issued from Jan 1 1901
to Dec 15 1907 except joint life Ad
ditions on all policies to Jan 1 1908 15650927 12
Same for reversionary additions 1160522 00
3 American Experience table at 3 per cent
on all policies written after Dec 15
1907 and dated in 1908 and after and
additions thereon joint life policies
Same for reversionary additions
5 Net present value of annuities including
those in reduction of premiums
At 4 per cent
At 3 per cent
At 3 per cent
5946192 62
90089 65
50 00
2660 18
78631 4i
338609 06
Total 53979430 81
8 Net reserve 53979430 81
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Companys Actuary
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 which
no proofs have been received
14 Claims for matured endowments due and
unpaid
6095 00
48386 48
119829 00
66782 05
17 Total policy claims
19 Dividends left with the company to accumulate at in
terest ami accrued interest thereon interest 19809
20 Premiums paid in advance including surrender values
so applied
241092 53
6800 94
66804 00ComptrollerGenerals Beport
691
21 Unearned interest and rent paid in advance 4723 55
22 Commissions due to agents on premium notes when paid 32813 99
23 Commissions to agents due or accrued 5877 44
25 Salaries rents office expenses bills and accounts due
or accrued 5882 68
26 Medical examiners fees 444 00
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 151926 17
31 Dividends or other profits due policyholders including
those Contingent on payment of outstanding and defer
red premiums 219157 44
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 1608500 00
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 123152 15
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 254848 80
35 Reserve special or surplus funds not included above
Reserve for equalization of mortality and depreciation
of assets 250000 00
37 Reserve for unreported death claims 39524 00
45 Unassigned funds surplus 4088810 43
46 Total 61418397 99
Business in the State of Georgia During the Year
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 4860834 00
18 Policies on the lives of citizens of said State
issued during the year 1182094 00
19 Total 6042928 00
20 Deduct ceased to be in force during the year 444671 00
21 Policies in force December 31 5598257 00
23 Losses and claims incurred during year 38353 00
24 Total 38353 00
25 Losses and claims settled during the year 38353 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 148839 9592 ComptrollerGeneral s Report
NEW YORK LIFE INSURANCE COMPANY OF NEW YORK N Y
Darwin P Kingsley President Seymour M Ballard Secretary
E J Clark Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year677705435 80
4 Extended at 677705435 80
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 8084606 08
7 Total first years premiums on original
Policies 8084606 08
8 Dividends applied to purchase paidup ad
ditions and annuities 1011 995 5
10 Consideration for original annuities in
volving life contingencies 514 076 54
11 Consideration for supplementary contracts
involving life contingencies 175S55 13
12 Total new premiums 9 786 533 7
13 Renewal premiums without deductions for
commissions or other expenses less 89
00124 for reinsurance on renewals 72493865 65
14 Dividends applied to pay renewal prem
iums 3524055 10
16 Surrender values applied to pay renewal
Premiums 81147 56
17 Renewal premiums for deferred annuities 56182 47
18 Total renewal premiums 76135250 78
on alremum income 85941784 05
0 Consideration for supplementary contracts not involving
life contingencies 202 262 08
21 Dividends left with the company to accumulate at
pinteref 70856 18
zi uross interest on mortgage loans 6011670 57
25 Gross interest on bonds and dividends on
stocks less 17769470 accrued interest
on bonds acquired during 1912 18 661451 31COMPTROLLElvGrENERAls EePOET
693
26 Gross interest on premium notes policy
loans or liens 6053197 01
27 Gross interest on deposits in trust com
panies and banks 222847 35
29 Gross interest on agents debts 2810 39
31 Gross discount on claims paid in advance 4913 73
32 Gross rent from companys property in
cluding 29311965 813216 78
33 Total gross interest and rents 31770107 14
34 From other sources Commissions advanced in previous
years now repaid 3703745 policy fees 3854846
exchange 683162 appraisal fees 366500 doubtful
debts recovered 89746 bonuses received for privi
lege of prepayment or extension of mortgage loans
975825 allowance made by the government of Italy
in the transfer of the companys Italian business for
acquisition expenses not yet matured and for the value
of said business 49215000 total 588888 24
41 Gross profit on sale or maturity of ledger assets viz
Real estate 12175000 bonds 28928608 total 411036 08
42 Gross increase by adjustment in book value of ledger
assets viz Bonds including 18605446 for accrual
of discount 24187031 stocks 16562 50 total 258432 81
43 Total income 119243366 58
IIIDisbursements
1 For death claims less 8561249 reinsur
ance 24771868 44 additions
01684606 total 25788714 50
2 For matured endowments 613625011
additions 3082668 6167076 79
3 Net amount paid for losses and matured endowments 31955791 29
4 For annuities involving life contingencies 1570502 77
6 Surrender values paid in cash or applied in liquidation of
loans or notes 12878429 24
7 Surrender values applied to pay renewal premiums 81147 56
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 6829779 56
10 Dividends applied to pay renewal premiums 3524055 10
12 Dividends applied to purchase paidup additions and
annuities 1011995 52
13 Dividends left with the company to accumulate at in
terest 70856 18694 CompteolleeGenebals Eepobt
13 Paid government of Italy on account of reserve and sur
plus on policies transferred to government 3627663 21
14 Total paid policyholders 61550220 43
15 Expense of investigation and settlement of policy claims
including 3574898 for legal expenses 43974 38
16 Paid for claims on supplementary contracts not involving
life contingencies 214007 77
17 Dividends and interest thereon held on deposit surren
dered during the year 17238 69
19 Commissions to agents less commission on reinsurance
First years premiums 371224406 renewal prem
iums 168042511 annuities original 1728447
advances to agents 20000 renewal 158836 5411742 00
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 34952 96
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 1100459 06
23 Branch office expenses including salaries and managers
and clerks not included in item 21 1090054 35
24 Medical examiners fees 35626215 inspection of risks
8575797 total 442020 12
25 Salaries and all other compensation of officers directors
trustees and home office employees 1639222 64
26 Kent including 29311965 for companys occupancy of
its own buildings less 86898 received under sublease 556520 56
27 Advertising 6767720 printing and stationery 207
90366 postage telegraph telephone and express
23708422 total 512665 08
28 Legal expense not included in item 15 8185 19
29 Furniture fixtures and safes 150334 94
30 Repairs and expenses other than taxes on real estate 222236 23
31 Taxes on real estate 141838 18
32 State taxes on premiums 814552 01
33 Insurance department licenses and fees 20639 17
34 All other licenses fees and taxes Federal corporation
tax 21809086 local licenses and taxes 8996713
tax on policy reserves 4833942 miscellaneous taxes
including 231266 tax on interest receipts 25
12113 total 381518 54
38 Other disbursements paid agents under Nylic contracts
44992103 doubtful debts marked off 1410021
books papers and subscriptions 507360 special in
spection reports 425253 lunch for companys em
ployees 5975860 miscellaneous items of expense
1177888 legislative and departmental expense9
17266 damages paid on account of accident in home
office building 733700 expenses trustees electionComptbolleeGeneeals Eepoet
695
1913 2404306 traveling expenses 1496282
medico aaturial mortality investigation 453400
examinations by New York Insurance Department and
by chartered accountants 801668 total
43 Fees paid in condemnation proceedings 297750 miscel
laneous interest payments 347688 bank charges
1372993 custody of and insurance on securities 23
54792 premium on fidelity bonds 669656 bond and
mortgage expense 101211 total
Gross loss on sale or maturity of ledger assets viz
Bonds
Gross decrease by adjustment in book value of ledger
assets viz Real estate 4993856 bonds including
269 013 98 for amortization of premium 1923
61770 total 1973556 26
16
17
612951 67
51440 90
57995 97
48 Total
disbursements 77048326 50
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 43617117557 and stocks 265
00000 total
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Bills receivable
11 Branch office debit balances 1987125 credit 18
67381 net 119744 total
11 Cash in companys branch office 5924325 cash in
transit 19046303 total
11 Cash in hands of agents for adjustment of claims
12 Total ledger assets
10281711 90
144358641 90
119036487 53
4574740 75
436436175 57
2246 80
1264342 39
3669880 82
2344 50
3541 94
249706 28
23000 00
719900475 88
NonLedger Assets
13 Interest due 11446805 and accrued 1
473539 22 on mortgages 1588007 27
14 Interest due 17834640 and accrued 5
94857307 on bonds 6126919 47
16 Interest accrued on premium notes policy
loansorliens 344648 00696 ComptrollerGenerals Eeport
18 Interest due 2154066 and accrued 9
27373 on bank balances 30 814 39
20 Rents due 832701 and accrued 232257
on companys property or lease 10649 58
21 Total interest and rents due and accrued 8 101 038 71
New Business Renewals
25 Gross premiums due and
unreported on policies in
force Dec 31 1912119278 63 4894373 13
26 Gross deferred premiums
on policies in force Dec
31 1912 398686 00 5055782 00
27 Total 517964 63 9950155 13
28 Deduct loading 25 129491 16 2487538 78
29 Net amount of uncollected
and deferred premiums 388473 47 7462616 35 7851089 82
35 Gross assets 735852604 41
Deduct Assets Not Admitted
39 Cash advanced to or in the hands of offi
cers or agents for adjustment of claims 23000 00
40 Loans on personal security bills receivable 2344 50
42 Overdue and accrued interest on bonds
in default over market value of same
The bonds in default 25000000 par
value are included in the gross assets
above only at their market value Of
said market value the amount of 61
45833 being the overdue and accrued
interest is contained in item 14 the re
mainder being contained in item 6
43 Book value of ledger assets over market
value viz on bonds 16150338 65
Branch office debit balances 19 871 25
16195554 40
46 Admitted assets 719657050 01
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the InsuranceComptbollebGenebal s Eepoet
697
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 insurances except those specified
under 4490783748 00
Same for reversionary additions 3960519 00
4 Other tables and rates viz Double Am
erican Experience table at 3 per cent
on tropical insurances and those on im
paired lives 41682076 00
Same for reversionary additions 138091 00
Sequi American Experience table at 3 per
cent on semitropical insurances and
those on partially impaired lives 43030726 00
Same for reversionary additions 91372 00
Eeserve to cover contingent waiver of
premium contained in certain policies
based upon Hunters disability tables at
3 per cent interest 43467 00
McClintocks Annuity table 3 per cent 16240160 00
Total 595970159 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 109088 00
8 Net reserve paid for basis 595861071 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 2822066 93
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value or reinstate
ment may be demanded 328876 50
12 Claims for death losses in process of ad
justment or adjusted and not due 1095693 40
13 Claims for death losses incurred for whicn
no proofs have been received 2012717 80
14 Claims for matured endowments due and
unpaid 343293 37
15 Claims for death losses and other policy
claims resisted by the company 405399 78
16 Due and unpaid on annuity claims involv
ing life contingencies 121599 83
17 Total policy claims 3978704 18
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 808 58
698
ComptbollebGeneeal s Kepoet
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 165507 68
20 Premiums paid in advance including surrender values
so applied 852027 22
21 Unearned interest and rent paid in advance 2739390 95
22 Commissions due to agents on premium notes when paid 52918 42
23 Commissions to agents due or accrued 11153 71
25 Salaries rents office expenses bills and accounts due or
accrued including 580087 accrued charges on de
posits 95578 00
26 Medical examiners fees 2430175 and legal fees 10
10503 due or accrued 34406 78
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statementincluding 904S73 accrued taxes on
interest and deposits 1117282 39
31 Dividends or other profits due policy holders including
those contingent on payment of outstanding and de
ferred premiums 686179 95
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 5710143 00
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 9654571 IS
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 85142216 00
35 Reserve special or surplus funds not included above
War risk fund 501780 security fluctuation ami
general contingency fund 535002916 mortality
fluctuation fund 50000000 annual dividend equali
zation funds 118933200 7541141 Hi
36 Reserve for future expenses on paidup annual dividend
policies 201000 00
39 All other liabilities Due agents under Nylic contracts 558 38
41 Reserve for Nylic contracts 1905448 00
42 Reserve for death claims not yet reported to home office 750000 00
43 Reserve for unclaimed receipts 6000 00
46 Total 719657050 01
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 year12264 25019406 00ComptrollerGeneral s Report 699
18 Policies on the lives of citizens of said State
issued during the year 1323 3330628 00
19 Total 13587 28350034 00
20 Deduct ceased to be in force during the year 844 1853824 00
21 Policies in force December 31 1912 12743 26496210 00
22 Losses and claims unpaid Dee 21 of previous
year 10 12287 75
23 Losses and claims incurred during year 189 407398 69
24 Total 199 419686 44
25 Losses and claims settled during the year 181 357313 43
26 Losses and claims unpaid Dec 31 1912 18 62373 01
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 843169 66
NORTH AMERICAN LIFE INSURANCE COMPANY OF
CHICAGO ILLINOIS
John H McNamara President Wm P Kent Secretary
Home Office 36 South State St Chicago Illinois
Burton Smith Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 700000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1286055 48
3 Increase of capital during the year 100000 00
4 Extended at 1386055 48
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 1026639 for first
vears reinsurance 225750 71
7 Total first years premiums on original
policies 225750 7100 ComptrollerGenerals Eeporx
9 Surrender values applied to purchase paid
up insurance and annuities 3 8ig gg
10 Consideration for original annuities in
volving life contingencies 864 84
12 Total new premiums 230 432 51
13 Eenewal premiums without deductions for
commissions or other expenses less 20
23824 for reinsurance or renewals 420 164 97
16 Surrender values applied to pay renewal
premiums 19 77
18 Total renewal premiums 49Q jo 74
19 Total premium income gj0 g 2s
20 Consideration for supplementary contracts not involving
life contingencies 10 770 qq
23 Gross interest on mortgage loans less
39952 accrued interest on mortgages
acquired during 1912 26 160 91
25 Gross interest on bonds and dividends on
stocks less 345732 accrued interest
on bonds acquired during 1912 23 704 39
26 Gross interest on premium notes policy
loans or liens 5559 55
27 Gross interest on deposits in trust com
panies and banks g 707 00
29 On premiums 209 49
30 On agents balance 11 87
33 Total gross interest and rents g9 353 2i
34 Prom other sources Contributed by stockholders IOooOO 00
41 Gross profit on sale or maturity of ledger assets viz
Bonds
383 31
43 Total income
824123 77
IIIDisbursements
1 Tor death claims less 455900 reinsur
ance 86372 16
3 Net amount paid for losses and matured endowments 5
4 Tor annuities involving life contingencies
6 Surrender values paid in cash or applied in liquidation of
loans or notes
7 Surrender values applied to pay renewal premiums
8 Surrender values applied to purchase paidup insuran
and annuities
86372 16
120 00
19532 96
19 77
3816 96

14 Total paid policyholders 109
861 85ComptrollerGenerals Keport
701
15 Expense of investigation and settlement of policy claims
including 18150 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 13448844 renewal premiums
2129544 annuities original 4324
20 Commuted renewal commissions
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks not included in item 21
24 Medical examiners fees 1210570 inspection of risks
182214 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Bent
27 Advertising 62957 printing and stationery 912194
postage telegraph telephone and express 695507
exchange 4688 total
28 Legal expense not included in item 15
29 Furniture fixtures and safes
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Municipal and other
privilege taxes 44715 New Jersey state tax on
domestic companies 688884 total
38 Other disbursements miscellaneous expenses viz Books
and periodicals 48325 water ice and towel service
15780 photographic supplies 55206 miscellaneous
supplies 4011 premiums on fidelity bonds 20465
fire insurance premiums 15815 premiums on deposi
tary bonds 43500 Agents conventions 214157
Protest fees 630 directors meetings 87656
American Life Convention 24961 home office travel
ing expenses 60478 insurance on bonds in transit
2497 premiums paid by company under disability
provision 9545 suspense items repaid 21470i
46 Gross loss on sale or maturity of ledger assets viz
48 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate
4 Loans made to policyholders on this companys policies
assigned as collateral
317 50
966 02
155827 12
516 17
4427 67
24050 03
31904 32
13927 84
55924 C6
11609 54
16753 46
3177 88
5382 62
7437 06
3542 94
7335 09
6831 30
95 36
459889 93
616000 00
76646 71702
ComptkollerGeneral s Report
5 Premium notes on policies in force
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Agents balances debit 1449189 credit 269590
11 Cash in branch office cashiers under bonds
31814 87
581168 62
27514 55
57 79
396779 37
11795 99
8511 42

12 Total ledger assets 1750289 32
NonLedger Assets
13 Interest due 74500 and accrued 14
66465 on mortgages 15409 65
14 Interest accrued 1184505 on bonds 11845 05
16 Interest accrued on premium notes policy
loans or liens 397 39
17 Interest on bank balances 1255 29
21 Total interest and rents due and accrued
23 Market value of bonds and stocks over book value
New Business Renewals
25 Gross premiums due and
unreported on policies in
force Dec 31 1912 1484 25 64387 70
26 Gross deferred premiums on
policies in force Dec 31
1912
28907 38
2092 38
5090 74
14084 75
27 Totals 6574 99 78472 45
28 Deduct loading 7275 34 5202 81
29 Net amount of uncollected
and deferred premiums
700 35
73269 64 72569 29
34 Gross assets 1853858 37
Deduct Assets Not Admitted
38 Agents debit balances gross 14491 89
39 Cash advanced to or in the hands of officers
or agents 200 00
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies 4122 92
18814 81
46 Admitted assets 835043 56ComptrollerGeneral s Eeport
703
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the Illinois Insur
ance Dept on the following tables of
mortality and rates of interest viz
American Experience table at 3 per cent
on all policies 1010119 00
Net present value of annuities including
those in reduction of premiums
McOlintocks 3 per cent 780 00
Total 1010899 00
6 Deduct net value of risks of this company
reinsured in other solvent companies
17439 00
Total
7 Reserve to provide for health and accident
benefits contained in life policies
993460 00
2941 00
8 Net reserve written basis
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the companys actuary
11 Claims for death losses due and unpaid
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
395 78
2500 00
2402 81
17 Total policy claims
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
23 Commissions to agents due or accrued
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon
25 Salaries rents office expenses bills and accounts due or
JLCCrilGQ
26 Medical examiners fees 266500 and legal fees 14000
due or accrued
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
40 Payments on account of premiums held in suspense
43 Total
996401 00
13475 28
5298 59
1808 06
1440 81
1935 74
3215 08
2247 74
11783 75
2 805 00
8301 55
1711 38
1050423 98704 ComptrollebGeneeals Eepoet
44 Capital stock 700000 00
45 Unassigned funds surplus 84 619 58
m Total 1835 043 56
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OF
MILWAUKEE WISCONSIN
Home Office Cor Broadway and Michigan Streets Milwaukee Wis
W Woods White Attorney foT Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year28119579328
4 Extended at 281195793 28
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 4611839 82
6 Surrender values applied to pay first
years premiums 13634 83
7 Total first years premiums on original
policies 4625494 65
8 Dividends applied to purchase paidup
additions and annuities j 684 480 56
10 Consideration for original annuities in
volving life contingencies 89 092 10
11 Consideration for supplementary contracts
involving life contingencies 27 552 40
12 Total new premiums g g 426 619 71
13 Renewal premiums without deduction for
commissions or other expenses 30758836 39
14 Dividends applied to pay renewal pre
miums 6399649 24
16 Surrender values applied to pay renewal
premiums 56 gl
17 Renewal premiums for deferred annuities 13 979 59
18 Total renewal premiums 37 172 52 03
19 Total premium income 43599141 74CompteollebGesteeal s Report
705
20 Consideration for supplementary contracts not involving
life contingencies
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans less 5
90394 accrued interest on mortgages
acquired during 1912 7810896 43
25 Gross interest on bonds and dividends on
stocks less 6873071 accrued interest
on bonds acquired during 1912 3373467 78
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the com
pany viz Interest on premiums col
lected in the conversion of term
policies and in the restoration of lapsed
policies
31 Gross discount on claims paid in advance
32 Gross rent from companys property in
cluding 6740000 for companys occu
pancy of its own buildings
2396670 93
80041 88
93707 37
13940 83
178527 92
797495 14
11016 69
33 Total gross interest and rents 13947253 14
34 From other sources viz Money received from un
known source 10 00
41 Gross profit on sale or maturity of ledger assets viz
Seal estate 5327 83
42 Gross increase by adjustment in book value of ledger
assets viz Bonds including 4730399 for accrual
of discount 47303 99
43 Total income 58407548 53
IIIDisbursements
1 For death claims 1147557754 addi
tions 32399915 total 11799576 69
2 For matured endowments 322312300
additions 11743587 total 3340558 87
3 Net amount paid for losses and matured endowments 15140135 56
4 For annuities involving life contingencies 101466 57
0 Surrender values paid in cash or applied in liquidation
of loans or notes 9096472 07
7 Surrender values applied to pay new premiums 13
65483 to pay renewal premiums 5681 total 13711 64706
ComptrollerGenerals Beport
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 4820367 99
10 Dividends applied to pay renewal premiums 6399649 24
12 Dividends applied to purchase paidup additions and
annuities 1684480 56
13 Dividends left with the company to accumulate at
interest 11016 69
14 Total paid policyholders 37267300 32
15 Expense of investigation and settlement of policy claims
including 797828 for legal expense 8020 63
16 Paid for claims on supplementary contracts not involv
ing life contingencies 383949 14
17 Dividends and interest thereon held on deposit surren
dered during the year 2312 02
19 Commissions to agents less commission on reinsurance
First years premiums 211761077 renewal pre
miums 261464853 annuities original 104701
renewal 27959 total 4733585 90
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 2333 28
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 3192 40
24 Medical examiners fees 25542696 inspection of
risks 3459186 total 290018 82
25 Salaries and all other compensation of officers directors
trustees and home office employees 862172 18
26 Kent including 6740000 for companys occupancy of
its own buildings 75049 90
27 Advertising 686818 printing and stationery 78
89162 postage telegraph telephone and express
13003761 exchange 1305709 total 228854 50
28 Legal expense not included in item 15 10 150 83
29 Furniture fixtures and safes 3666 45
30 Repairs and expenses other than taxes on real estate 88431 81
31 Taxes on real estate 42215 97
32 State taxes on premiums 436 784 85
33 Insurance department licenses and fees 30019 78
34 All other licenses fees and taxes viz Federal cor
poration tax 17594915 State tax on income 482
19323 State tax on policy reserves 2983917 pub
lishing statements as required by law 141837
local licenses and tax on premiums 714623 total 696546 15
38 Other disbursements viz Loan expenses 15278361
special mortality investigation 457601 legislative
expenses 35283 travelingexpenses 381142 con
flicting claims 549301 examination by chartered
accountants business systematize and by the exComptrollerGenerals Bepobt
707
amining committee comprised of policyholders as pro
vided for in the bylaws 901497 cost of examina
tion by the Illinois insurance department 162396
by the Wisconsin insurance department 1250000
interest on postponed payments of policy claims
40282 premium on fidelity bonds 10000 expenses
trustees election 10984 total 190768 47
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 203482 bonds including
7333786 for amortization of premium total 75372 68
48 Total disbursements 45430746 08
IVLedger Assets
1 Book value of real estate 2854323 57
2 Mortgage loans on real estate first liens 159182168 99
4 Loans made to policyholders on this companys policies
assigned as collateral 43751676 06
5 Premium notes on policies in force including auto
matic premium loans 883012 62
6 Book value of bonds 83967166 62
7 Cash in companys office 27375 65
9 Deposits in trust companies and banks on
interest 3506872 22
Total cash items 3534247 87
12 Total ledger assets 294172595 73
NonLedger Assets
13 Interest due 4846843 and accrued 2
10590207 on mortgages 2154370 50
14 Interest accrued on bonds 1224588 63
16 Interest due 16150188 and accrued
116052526 on premium notes policy
loans or liens 1322027 14
18 Interest due for conversion of term poli
cies and in the restoration of lapsed
policies 2920 81
20 Rents due 132689 and accrued 8
64398 on companys property or lease 9970 87
21 Total interest and rents due and accrued 4713877 95708
ComptrollekGtenekals Report
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 32300 68 1911097 53
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 346097 00 2154836 00
27 Totals 378397 68
28 Deduct loading 80409 51
4065933 53
864010 87
29 Net amount of uncollected
and deferred premiums 297988 17 3201922 66 3499910 83
35 Gross assets 302386384 51
Deduct Assets Not Admitted
43 Book value of ledger assets over market
value viz Bonds 4622346 62
Total 4622346 62
46 Admitted assets 297764037 89
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 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 en
dowment and term policies issued prior
to February 1 1899 111215195 00
Same for reversionary additions 4942571 00
Total 116157766 00
2 American Experience table at 3 per cent
on life endowment and term policies
issued since February 1 1899 143655995 00
Same for reversionary additions 5734425 00
Total 149390420 00ComptrollerGenerals Report
709
5 Net present value of annuities including those in re
duction of premiums viz Actuaries table at 4
per cent 23571000 McClintocks table at 3Vj per
cent 50182000 American Experience table at 3
per cent 66214200 total 1398672 00
104306 56
88633 30
546182 20
73952 00
84576 65
986 85
17 Total policy claims
18 Due and unpaid on supplementary contracts not involv
ing life contingencies
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners fees
27 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 de
ferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise
3218786 33
8173 93
S Net reserve 266947858 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
11 Claims for death losses due and unpaid
12 Claims for death losses in process of ad
justment or adjusted 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
16 Due and unpaid on annuity claims involv
ing life contingencies
898637 56
3874 94
23395 38
28953 04
429 01
94108 19
117841 40
45815 00
1014711 61
1043098 33
9653785 00
710 ComptrollerGeneral s Eeport
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policykolders during 1913 2818502 63
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 5882497 00
Total 291800468 55
45 Unassigned funds surplus 5963569 34
46 Total 297764037 S9
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 9267 21346639 00
18 Policies on the lives of citizens of said State
issued during the year 906 2183400 00
19 Total 10173 23530039 00
20 Deduct ceased to be in force during the year 540 1218 423 00
21 Policies in force December 31 9633 22311616 00
No Amount
23 Losses and claims incurred during year 120 267 888 00
24 Total 120 267888 00
25 Losses and claims settled during the year in
eash 118 263900 00
26 Losses and claims unpaid December 31 2 3 988 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 691 677 16
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF LOS ANGELES
CALIFORNIA
Geo I Cochran President C I D Moore Secretary
Home Office Sixth and Olive Streets Los Angeles Cal
A C Harrison Attorney for Service in Georgia
ICapital Stock i
1 Amount of capital paid up
in cash 1000000 00
4
10
12
13
14
16
17
18
19
20
21
23
24
25
ComptrollerGenerals Report 711
Amount of ledger assets as per balance
December 31 of previous year 21763767 76
Deduct ledger assets for capital stock
transferred to accident department 1000000 00
Extended at 20763767 76
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 703758 for first
years reinsurance 735281 29
Surrender values applied to pay first1
years premiums 437 72
Total first years premiums on original
policies 735719 01
Dividends applied to purchase paidup ad
ditions and annuities 170761 67
Consideration for original annuities involv
ing life contingencies 20019 00
Total new premiums 926499 58
Renewal premiums without deduction for
commissions or other expenses less
4330089 for reinsurance on renewals 3916749 38
Dividends applied to pay renewal pre
143 749 50
mmms joit uv
Surrender values applied to pay renewal
9Q 004 01
premiums ssw i
Renewal premiums for deferred annuities 21 2
Total renewal premiums 4089808 04
Total premium income iil6 i07 62
Consideration for supplementary contracts not involving
life contingencies 31132 00
Dividends left with the company to accumulate at
interest 0 10
Gross interest on mortgage loans less 11
77468 accrued interest on mortgages
acquired during 1912 706135 85
Gross interest on collateral loans 68492 04
Gross interest on bonds and dividends on
stocks less 67979 accrued interest
on bonds acquired during 1912 234247 52712
ComptrollerGenerals Report
26 Gross interest on premium notes policy
loans or liens 238071 83
27 Gross interest on deposits in trust com
panies and banks 8930 65
28 Gross interest on other debts due the com
pany viz Agents balances 10429
contract for sale of real estate 1
95000 total 2054 29
32 Gross rent from companys property in
cluding 3360000 for companys occu
pancy of its own buildings 47045 00
33 Total gross interest and rents 1304977 18
Less interest paid on reinsurance fund
471299 less discount on premiums
paid in advance 39547 less interest
earned on capital stock transferred to
accident department 5500000 total 60108 46
Total
34 Prom other sources viz Bonuses on bond options
106468 bonus on mortgages purchased 758041
sale of unlisted assets 196148 total
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Real estate 1007371 bonds 900338 stocks
63000 total
1244868 72
10606 57
3329 78
19707 09
43 Total income 6330401 88
IIIDisbursements
1 For death claims less 2062000 reinsur
ance 102517057 additions 33
35300 total 1058523 57
2 For matured endowments 10268000
additions 238800 total 105068 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 77724
restorations
6 Surrender values paid in cash or applied in liquidation
of loans or notes
7 Surrender values applied to pay new premiums 43772
to pay renewal premiums 2929491 total
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
1163591 57
10615 76
4284 87
565444 22
29732 63
97795 26
143742 50ComptrollerGeneral s Keport
13
12 Dividends applied to purchase paidup additions and
annuities 170761 57
13 Dividends left with the company to accumulate at in
terest 4450 10
14 Total paid policyholders 2190418 48
15 Expense of investigation and settlement of policy claims
including 7545 for legal expenses 8495 28
16 Paid for claims on supplementary contracts not involv
ing life contingencies 21488 96
17 Dividends and interest thereon held on deposit surren
dered during the year 314 37
18 Paid stockholders for interest or dividends 45000 00
19 Commissions to agents less commission on reinsurance
First years premiums 46085665 renewal premiums
27630593 annuities original 99073 total 738153 31
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 34152 72
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 21985 91
24 Medical examiners fees 5067119 inspection of risks
1241762 total 63088 81
25 Salaries and all other compensation of officers directors
trustees and home office employees 207426 42
26 Rent including 3360000 for companys occupancy of
its own buildings 33600 00
27 Advertising 1987541 printing and stationery 25
50818 postage telegraph telephone and express 13
94040 exchange 105883 total 60382 82
28 Legal expense not included in item 15 1779 86
29 Furniture fixtures and safes 6729 75
30 Repairs and expenses other than taxes on real estate 13008 02
31 Taxes on real estate 13711 69
32 State taxes on premiums 64279 48
33 Insurance department licenses and fees 7382 37
34 All other licenses fees and taxes viz Federal cor
poration tax 980067 State corporation tax 17500
municipal licenses 438177 taxes on personal prop
erty 208102 total 16438 46
38 Other disbursements viz Legal advertising 95922
loss and gain 778418 legislative expense 48086
State department examinations 761139 home office
traveling expense 455221 commission on sale of
real estate 212500 general expenses 576504
contribution to association of life insurance presidents
143171 renewal bonus 2240310 total 53112 71
45 Agents balances charged off 1550 10
714 ComptrollerGenerals Eeport
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds 9600 00
48 Total disbursements 3612099 52
IVLedger Assets
1 Book value of real estate 1122000 10
2 Mortgage loans on real estate first liens 13492002 34
3 Loans secured by pledge of bonds stocks or other col
lateral 998776 50
4 Loans made to policyholders on this companys policies
assigned as collateral 3352788 10
5 Premium notes and liens on xwlicies in force 1032518 07
6 Book value of bonds 264354083 and stocks 290
00000 total 2933540 83
7 Cash in companys office 24009 08
Cash in course of transmission 6112 16
8 Deposits in trust companies and banks
not on interest 156781 09
9 Deposits in trust companies and banks
on interest 479279 70
Total 666182 03
Less reinsurance fund 115737 85
Total cash items 5504 1 1 8
12 Total ledger assets 23482070 12
NonLedger Assets
13 Interest due 264936 and accrued
17498895 on mortgages 177638 31
14 Interest accrued on bonds 51603 3
15 Interest accrued on collateral loans 12851 32
16 Interest due 2235294 and accrued 26
00125 on premium notes policy loans
or liens 48414 19
20 Rents due on companys property or lease 410 00
Total 290917 15
Less interest accrued on reinsurance fund 2420 04
21 Total interest and rents due and accrued 288 491 11
24 Due from other companies for losses or claims on poli
cies of this company reinsured 5 000 00ComptrollerGenerals Eeport
715
New Business Benewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance 10497 91 315208 73
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 23957 02 330323 27
27 Totals 34454 93 645532 00
28 Deduct loading 20281 56 126569 85
29 Net amount of uneollected
and deferred premiums 14173 37 518962 15 533135 52
35 Gross assets 24308696 75
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 32068 58
43 Book value of ledger assets over market
value viz Virginia special deposit
excess of deposit over liabilities 19
15800 unearned portion of bonus on
mortgages purchased 516316 total 24321 76
Total 56389 74
Admitted assets life department 24252307 01
Admitted assets accident department 1990698 91
46 Total admitted assets 26243005 92
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
Dec 1912 as computed by the com
pany on the following tables of mor
tality and rates of interest viz
1 Actuaries table at 4 per cent on all poli
cies issued prior to January 1 1901 5483787 00
Same for reversionary 116319 00
Total 5600106 00716 ComptrollerGenerals Report
2 American Experience table at 3 per
cent on all policies issued from De
cember 31 1900 to January 1 1908
and nonparticipating policies issued
subsequent to December 31 1907 12383196 00
Same for reversionary additions 1262910 00
Total 13646106 00
3 American Experience table at 3 per cent
on annual dividend policies issued in
1907 and all participating policies
issued subsequent to December 31
9 2580715 00
Same for reversionary additions 24309 00
Total 2605024 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries table at 4 per cent 7966 00
American Experience table at 3 per
cent 121744 00
Total 129710 00
Total 219S0946 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 149 828 00
7 Reserve to provide for health and accident benefits con
tained in life policies 50425 00
8 Net reserve 21881543 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 7S874 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 1932 00
12 Claims for death losses in process of ad
justment or adjusted and not due 10184 46
13 Claims for death losses incurred for which
no proofs have been received 66294 00
14 Claims for matured endowments due and
unpaid 2829 00
15 Claims for death losses and other policy
claims resisted by the company 30000 00ComptrollerGenerals Report
717
16 Due and unpaid on annuity claims involv
ing life contingencies
196 00
17 Total policy claims
18 Due and unpaid on supplementary contracts not involv
ing life contingencies
19 Dividends left with the company to accumulate at in
terest
20 Premiums paid in advance including surrender values
so applied
21 Unearned interest and rent paid in advance
22 Commissions due to agents on premium notes when paid
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due or
accrued
26 Medical examiners fees
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 1913
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 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 1913
34 Amounts set apart apportioned provisionally iascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not in
cluded in item 33
Reserve special or surplus funds not included above
Renewal bonus fund
35
40 Liabilities of life department
41 Liabilities of accident department
44 Capital stock
45 Unassigned funds surplus life department 7
18303 accident department 7030000 total
109503 46
50 00
7713 64
48453 15
88552 15
2207 20
5452 43
8137 35
12719 00
85000 00
45000 00
2078 26
199244 10
72439 35
775871 24
32413 65
23457123 98
920398 91
1000000 00
865483 03
46 Total life and accident department 26243005 92718 ComptbollerGenerals Eepoet
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 1093 1852051 00
18 Policies on the lives of citizens of said State
issued during the year 125 252476 00
19 Total 1218 2104527 00
20 Deduct ceased to be in force during the year 86 136 311 00
21 Policies in force December 31 1132 1 968 216 00
22 Losses and claims unpaid December 31 of pre
vious year 1 1107 00
23 Losses and claims incurred during year 5 6 434 09
24 Total 6 7541 00
25 Losses and claims settled during the year in
cash 6 7541 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 54 3SO 05
PAN AMERICAN LIFE INSURANCE CO OF NEW ORLEANS LA
Crawford H Ellis President James L Wright Secretary
Principal Office New Orleans Louisiana
Hon Wm A Wright Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up
i cash 655830 00
2 Amount of capital and surplus paid in on
March 28 1912 1077180 00
4 Extended at 1077180 00
IIIncome
5 First years premiums on original policies
Without deduction for commissions or
other expenses less 471814 for first
years reinsurance 135850 18
9 Surrender values applied to purchase paid
up insurance and annuities 2 159 79
12 Total new premiums 138009 97CompteollebGenebals Report
719
13 Eenewal premiums without deduction for
commissions or other expenses less
31746 for reinsurance on renewals
14 Dividends applied to pay renewal pre
miums
16 Surrender values applied to pay renewal
premiums
91248 58
2526 38
27 42
18 Total renewal premiums
19 Total premium income
21 Dividends left with the company to accumulate at in
terest
22 Ledger assets other than premiums received from other
companies for assuming their risks
23 Gross interest on mortgage loans less 3
88405 accrued interest on mortgages
acquired during 1912
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks less 1142343 accrued interest
on bonds acquired during 1912
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
32 Gross rent from companys property
7111 93
70 00
22022 67
1295 65
13855 93
340 00
33
Total gross interest and rents
34 From other sources viz Commissions paid C II Ellis
by fiscal agents in connection with organization and
donated by him to company 2850000 suspense
76839 total
40 From agents balances previously charged off
93802 38
231812 35
200 35
116287 21
44696 18
29268 39
1855 54
43 Total income
424120 02
IIIDisbursements
1 For death claims 38000 00
3 Net amount paid for losses and matured endowments
6 Surrender values paid in cash or applied in liquidation of
loans
7 Surrender values applied to pay renewal premiums
8 Surrender values applied to purchase paidup insurance
and annuities
38000 00
7662 21
27 42
2159 79720 ComptbolleeGenebals Kepoet
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 375 75
10 Coupons and dividends applied to pay renewal premiums 2526 38
13 Dividends left with the company to accumulate at in
terest 200 35
14 Total paid policyholders 50 951 90
15 Expense of investigation and settlement of policy claims 63 85
17 Coupons guaranteed reductions and dividends and in
terest thereon held on deposit surrendered during the
year 1623 09
19 Commissions to agents less commission on reinsurance
First years premiums 7579468 renewal premiums
148363 total 77 278 31
20 Commuted renewal commissions 70 00
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 11519 10
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 5 118 06
23 Branch office expenses including salaries and managers
and clerks not included in item 21 3 342 26
24 Medical examiners fees 1193635 inspection of risks
342782 total 15 364 17
25 Salaries and all other compensation of officers directors
trustees and home office employees 35 706 59
26 Bent including occupancy of its own buildings 4470 53
27 Advertising 389572 printing and stationery 12
07366 postage telegTaph telephone and express 3
44562 exchange 45945 total 19 874 45
28 Legal expense not included in item 15 2593 90
30 Repairs and expenses other than taxes on real estate 509 37
31 Taxes on real estate 290 25
32 State taxes on premiums ino or
33 Insurance department licenses and fees 2 077 66
34 All other licenses fees and taxes viz Agents licenses
71950 municipal licenses 22080 personal property
tax 295900 total 3 899 30
38 Other disbursements viz Traveling expenses general
216215 loan appraisement and expenses4776
bonus premiums home office 10535 agents
53694 total 64229 salary of traveling renewal
man 79050 incidental expenses 120514 total 4 847 84
45 Agents balances charged off 2l87 99
46 Gross loss on sale or maturity of ledger assets viz
Bonds
48 Total disbursements
787 50
242698 37ComptrollerGenerals Report
721
IVLedger Assets
1 Book value of real estate 45300 00
2 Mortgage loans on real estate first liens 631465 00
3 Loans secured by pledge of bonds stocks or other col
lateral 104500 00
4 Loans made to policyholders on this companys policies
assigned as collateral 29659 36
5 Premium notes on policies in force 2869 10
6 Book value of bonds 30775217 and stocks 3600000
total 343752 17
7 Cash in companys office 35 96
9 Deposits in trust companies and banks on interest 26958 12
10 Agents balances debit 968085 credit 67263 net 9008 22
11 Furniture and fixtures home office 1337768 branch
office 141200 cash deposit with Kepublic of
Panama 5000000 total 64789 68
12 Total ledger assets 1258601 65
NonLedger Assets
13 Interest accrued on mortgages 5311 97
14 Interest accrued on bonds 5830 84
15 Interest accrued on collateral loans 1300 75
20 Bents accrued on companys property or
lease 375 00
21 Total interest and rents due and accrued
12818 56
New Business
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 743 18
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 14724 47
27 Totals 15467 63
28 Deduct loading 10311 78
Benewals
8283 75
4226 61
12510 36
1876 56
29 Net amount of uncollected
and deferred premiums 5155 85
10633 80
15789 65722 ComptbollebGenebals Report
31 Commissions due from other companies on reinsurance
premiums paid 174 04
33 Bent due on sublease 66 38
35 Gross assets 1287450 28
Deduct Assets Not Admitted
37 Furniture fixtures and safes 14789 68
38 Agents debit balances net 9008 22
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the value of their policies 545 46
Total 24343 36
46 Admitted assets 1263106 92
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
Dec 1912 as computed by the com
pany on the following tables of mor
tality and rates of interest viz
2 American Experience table at 3Vi per
cent on all domestic business including
2540752 of coupons and reductions
left on deposit 312528 52
4 Other tables and rates viz
N Y life 3 per cent Tropical table on
all tropical and foreign business 76S9 00
Total 320217 52
6 Deduct net value of this company rein
sured in other solvent companies 1574 00
7 Reserve to provide for health and accident
benefits contained in life policies 2250 00
8 Net reserve 320893 52
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 576 91
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 172 82
20 Premiums paid in advance including surrender values
so applied 1010 90
21 Unearned interest and rent paid in advance 1050 00ComptbollebGenerals Eepobt 723
23 Commissions to agents due or accrued agents credit
balances 672 63
25 Salaries rents office expenses bills and accounts due
or accrued 576 69
26 Medical examiners fees 100 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 4500 00
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 925 56
39 All other liabilities viz Suspense 76839 bonus com
missions contingent 50000 total 1268 39
44 Capital stock 655830 00
45 Unassigned funds surplus 275529 50
46 Total 1263106 92
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 98 349208 00
19 Total 98 349208 00
20 Deduct ceased to be in force during the year 24 71100 00
21 Policies in force December 31 74 278108 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 4516 47
PENN MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA
PENNSYLVANIA
George K Johnson President John Humphreys Sec Treas
Home Office 921 923 and 925 Chestnut Street Philadelphia Penna
Henry O Bagley Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 22882056 56
4 Extended at 22882056 56724 ComptrollerGenerals Eepokt
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 2492866 57
6 Surrender values applied to pay first
years premiums 19886 95
7 Total first years premiums on original
policies 2512753 52
8 Dividends applied to purchase paidup
additions and annuities 178416 05
9 Surrender values applied to purchase paid
up insurance and annuities 304271 57
10 Consideration for original annuities in
volving life contingencies 433571 06
11 Consideration for supplementary contracts
involving life contingencies 8747 35
12 Total new premiums 3437759 55
13 Eenewal premiums without deduction for
commissions or other expenses less 36
75796 for reinsurance on renewals 15647443 21
14 Dividends applied to pay renewal pre
miums 1770554 46
16 Surrender values applied to pay renewal
premiums 4420 40
17 Eenewal premiums for deferred annuities 16191 53
18 Total renewal premiums 17 438 609 60
19 Total premium income 20876369 15
20 Consideration for supplementary contracts not involving
life contingencies 408553 52
21 Dividends left with the company to accumulate at in
terest 21280 29
23 Gross interest on mortgage loans less 52
52813 accrued interest on mortgages
acquired during 1912 2600835 86
24 Gross interest on collateral loans 91741 32
25 Gross interest on bonds and dividends on
stocks less 3198597 accrued interest
on bonds acquired during 1912 2196299 19
26 Gross interest on premium notes policy
loans or liens 1119885 65
27 Gross interest on deposits in trust com
panies and banks 90203 77
28 Gross interest on other debts due the
company viz Bills receivable etc 11699 39
ComptrollerGenerals Report 725
31 Gross discount on claims paid in advance
Endowments paid within one year of
maturity 702 74
32 Gross rent from companys property in
cluding 5452000 for companys occu
pancy of its own buildings 160064 88
33 Total gross interest and rents 6271432 80
34 From other sources viz Bonuses on mortgages 11
12255 suspended bank dividends 49344 trust
funds received being proceeds of death claims left
with company as interest 1040000 total 22015 99
41 Gross profit on sale or maturity of ledger assets viz
Bonds 5208137 stocks 611000 total 58191 37
43 Total income 27657843 12
IIIDisbursements
1 Tor death claims less 10700000 rein
surance 603916411 additions 63
45600 total 6102620 11
2 For matured endowments 261041872
additions 6617100 total 2676589 72
3 Net amount paid for losses and matured endowments 8779209 83
4 For annuities involving life contingencies 398064 88
5 Premium notes and liens voided by lapse less 1485121
restorations 70171 65
6 Surrender values paid in cash or applied in liquidation
of loans or notes 2489811 05
7 Surrnder values applied to pay new premiums 19886 95
to pay renewal premiums 442040 total 24307 35
8 Surrender values applied to purchase piadup insurance and
annuities 30427157
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 802570 80
10 Dividends applied to pay renewal premiums 1770554 46
12 Dividends applied to purchase paidup additions and an
nuities 178416 05
13 Dividends left with the company to accumulate at interest 21280 29
14 Total paid policyholders 14838657 93
15 Expense of investigation and settlement of policy claims
including 469128 for legal expenses 6958 92
16 Paid for claims on supplementary contracts not involving
life contingencies 262210 25
17 Dividends and interest thereon held on deposit surrendered
during the year 2235 75726
ComptrollerGenerals Eeport
19 Commissions to agents less commission on reinsurance
First years premiums 115013270 renewal prem
iums 1087364 89 annuities original 1631763
renewal 161519 total 2255430 41
20 Commuted renewal commissions 85 132 54
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 25419 37
23 Branch office expenses including salaries of managers and
clerks not included in item 21 agency clerk hire 127376 66
24 Medical examiners fees 13125644 inspection of risks
1834457 total 149601 01
25 Salaries and all other compensation of officers directors
trustees and home office employees 474 632 73
26 Rent including 5452000 for companys occupancy of its
own buildings 140075 64
27 Advertising 2140811 printing and stationery 5867904
postage telegraph telephone and express 6856901
exchange 370 total 148659 86
28 Legal expense not included in item 15 24911 90
29 Furniture fixtures and safes 13 605 57
30 Repairs and expenses other than taxes on real estate 46501 61
31 Taxes on real estate 26 977 59
32 State taxes on premiums 291 048 23
33 Insurance department licenses and fees 19 316 32
34 All other licenses fees and taxes Federal corporation
tax 8371885 municipal state licenses compulsory
advertising etc 1097708 taxes on investments 263
47058 total 358166 51
38 Other disbursements Investment inspections traveling and
other expenses incidental thereto 1185276 special mor
tality investigations 512932 election expenses
92777 home office expenses supplies etc 35
98165 total 53891 50
45 Agents balances charged off 55 30
47 Gross decrease by adjustment in book value of ledger
assets viz bonds 69 713 74
48 Total disbursements 19420579 34
IVLedger Assets
1 Book value of real estate 2573134 91
2 Mortgage loans on real estate first liens 52160392 63
3 Loans secured by pledge of bonds stocks or other collateral 2144114 99
4 Loans made to policyholders in his companys policies as
signed as collateral 18670660 74
5 Premium notes on policies in force of which 5831971 is
for first years premiums 3 370 764 00ComptrollerGenerals Eeport 727
6 Book value of bonds 4965538471 and stocks 332
80637 total 49988191 08
7 Cash in company s office 10026 85
9 Deposits in trust companies and banks on interest 1868986 29
10 Bills receivable 19779039 agents balances debit 11
31810 credit 32701 net 10991 09 208781 48
11 Bills receivable for premiums 134294 22
12 Total ledger assets 131119320 34
NonLedger Assets
13 Interest due 808614 and accrued 891
97875 on mortgages
14 Interest accrued on bonds
15 Interest accrued on collateral loans
16 Interest due 284175 and accrued 15
87361 on premium notes policy loans
or liens
18 Interest accrued on bills receivable
19 Interest accrued on bills receivable for
premiums
20 Rents due 53672 and accrued 631142
on companys property or lease
900064 89
715475 10
18336 46
18715 36
1876 78
2129 18
6848 14
21 Total interest and rents due and accrued 1663445 97
22 Marketh value of real estate over book value 29230 18
24 Due from other companies for losses or claims on policies
of this company reinsured 18400 00
New Business Renewals
25 Gross premiums due and
unreported on policies in
force Dec 31 1912
26 Gross deferred premiums on
policies in force Dec 31
1912
1655487 50
97386 31 1262030 25
27 Totals
28 Deduct loading
97386 31
21327 60
2917517 75
638936 38
29 Net amount of uncollected
and deferred premiums 76058 71 2278581 37 2354640 08
31 Checks for annuities issued in advance but not delivered 1087 70
35 Gross assets 135186124 2728 CompteolleeGeneeals Eepoet
Deduct Assets Not Admitted
38 Agents debit balances gross 11318 10
39 Cash advanced to or in the hands of offi
cers or agents all to agents 197790 39
40 Bills receivable for premiums 134294 22
41 Premium notes loans on policies and net
premiums in item 29 in excess of the net
value of their policies 24 736 12
42 Overdue and accrued interest on bonds in
default not included in item 14
43 Book value of ledger assets over market
value viz Book value of bonds over
market value 438493 12
44 Interest accrued on bills receivable 4005 96
46 Admitted assets134375486 36
rLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Bee
1912 as computed by the Companys
Actuary on the following tables of
mortality and rates of interest viz
2 American Experience table at 3 per cent
on all insurance 107488364 00
Same for reversionary additions 1349760 00
5 Net present value of annuities including
those in reduction of premiums
American 3 per cent table 483 571 00
McClintock s 3 per cent table 3792607 00
Total 113114302 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 97014 00
8 Net reserve113017288 00
9 Present value of amounts not yet yet due on supplemen
tary contracts not involving life contingencies com
puted by the companys actuary 2 547 754 00
12 Claims for death losses in process of ad
justment or adjusted and not due 544588 80
13 Claims for death losses incurred for which
no proof have been received IS 476 42
15 Claims for death losses and other policy
claims resisted by the company 4937 86
17 Total policy claims 568003 08
19
20
21
22
24
25
26
27
31
32
34
35
37
38
40
41
43
17
18
19
CompteolleeGenebals Eepoet 729
Dividends left with the company to accumulate at in
terest and accrued interest thereon 46035 78
Premiums paid in advance including surrender values so
applied 72218 26
Unearned interest and rent paid in advance 534408 47
Commissions due to agents on premium notes when paid 58940 59
Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon included in
unadmited assets item 41
Salaries rents office expenses bills and accounts due or
accrued 2524 87
Medical examiners fees 1580000 and legal fees 1
95000 due or accrued 17750 00
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 696458 55
Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 496702 75
Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 568612 70
Amounts set apart apportioned provisionally ascertained
calulated declared or held awaiting apportionment
upon deferred dividend policies not included in item
33 8603420 64
Reserve special or surplus funds not included above
Eeserve for mortality fluctuation 1487232 00
Reserve for asset fluctuation and other contingent liabili
ties 2274965 44
Trust deposits 7680 00
Proceeds of policies left with company at interest 33355 23
Matured credits awaiting proof 35136 00
Total134375486 36
Business in the State of Georgia During the Year
No Amount
Policies on lives of citizens of said state in force
Dec 31 of previous year14431 26940499 00
Policies on the lives of citizens of said state
issued during the year 1385 2757875 00
Total 15816 29698374 00730 ComptrollerGeneeals Eeport
20 Deduct ceased to be in force during the year
including 2608400 transferred from said
state because of change of residence 1023 1876 322 00
21 Policies in force December 3114793 27822052 00
22 Losses and claims unpaid December 31 of
previous year 10 21400 00
23 Losses and claims incurred during year 151 361086 50
24 Total 161 382486 50
25 Losses and claims settled during the year 154 372486 50
26 Losses and claims unpaid December 31 7 10000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 924212 10
PHOENIX MUTUAL LIFE INSURANCE COMPANY OF HARTFORD
CONNECTICUT
John M Holcombe President Silas H Cornwell Secretary
Charles S Northern Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 31450838 76
4 Extended at 31450838 76
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 311770 for first
years reinsurance 705048 41
6 Surrender values applied to pay first
years premiums 6452 24
7 Total first years premiums on original
policies 711500 65
8 Dividends applied to purchase paidup ad
ditions and annuities 27974 34
9 Surrender values applied to purchase paid
up insurance and annuities 77267 29
ComptrollerGenerals Report 731
10 Consideration for original annuities in
volving life contingencies 71442 96
11 Consideration for supplementary contracts
involving life contingencies 33207 00
12 Total new premiums 1021392 24
13 Renewal premiums without deduction for
commissions or other expenses less
3793011 for reinsurance on renewals 3878024 11
14 Dividends applied to pay renewal prem
iums 489329 62
15 Dividends applied to shorten the endow
ment or premiumpaying period 5195 00
16 Surrender values applied to pay renewal
premiums 26395 42
18 Total renewal premiums 4398944 15
19 Total premium income 5420336 39
20 Consideration for supplementary contracts not involving
life contingencies 23839 00
21 Dividends left with the company to accumulate at in
terest 94874 82
23 Gross interest on mortgage loans less
631213 accrued interest on mort
gages acquired during 1912 1059933 13
25 Gross interest on bonds and dividends on
stocks less 419546 accrued interest on
bonds acquired during 1912 317023 83
26 Gross interest on premium notes policy
loans or liens 228927 79
27 Gross interest on deposits in trust com
panies and banks 14631 86
29 Gross interest on debts paid by agents 34 93
31 Gross discount on claims paid in advance 586 72
32 Gross rent from companys property in
cluding 1500000 for companys occu
pancy of its own buildings 49524 78
33 Total gross interest and rents 1670663 04
34 From other sources Mortgage loan commissions received
936690 guarantee of mortgage loans 23232
recovery of payment for death claim paid in 1911 13
12944 total 22728 66
40 From agents balances previously charged off 4751 41
41 Gross profit on sale or maturity of ledger assets viz
Real estate 47500 bonds 1400 stocks 1375800 14247 00732
ComptrollerGeneral s Report
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
3324 50
43 Total income 7254704 82
IIIDisbursements
1 Death claims less 782300 reinsurance
172511344 additions 2795836 175307180
2 For matured endowments 51372350
additions 3079761 total 544521 11
9
10
11
12
13
14
15
16
17
19
20
21
22
23
Net amount paid for losses and matured endowments 2297592 91
For annuities involving life contingencies 26305 50
Premium notes and liens voided by lapse 387 00
Surrender values paid in cash or applied in liquidation of
loans or notes 648084 47
Surrender values applied to pay new premiums 645224
to pay renewal premiums 2639542 32847 66
Surrender values applied to purchase paidup insurance
and annuities 77267 29
Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 52840 44
Dividends applied to pay renewal premiums 489329 62
Dividends applied to shorten the endowment or premium
paying period 5195 00
Dividends applied to purchase paidup additions and
annuities 127974 34
Dividends left with the company to accumulate at in
terest 94874 82
Total paid policyholders 3852699 05
Expense of investigation and settlement of policy claims
including 37100 for legal expenses 653 66
Paid for claims on supplementary contracts not involving
life contingencies 9426 92
Dividends and interest thereon held on deposit surren
dered during the year 33395 22
Commissions to agents less commission on reinsurance
First years premiums 32139181 renewal premiums
25166824 annuities original 254915 total 575609 20
Commuted renewal commissions 24 242 13
Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 17682 44
Agency supervision and traveling expenses of supervisors
including compensation for home office supervision 25841 07
Branch office expenses including salaries and managers
and clerks not included in item 21 163018 33CompteolleeGenebals Repoet
733
24 Medical examiners fees 5942535 inspection of risks
879824 total 68223 59
25 Salaries and all other compensation of officers directors
trustees and home office employees 175023 23
26 Bent including 1500000 for companys occupancy of
its own buildings 15000 00
27 Advertising 355884 printing and stationery 38
43173 postage telegraph telephone and express
1641680 exchange 485 58412 22
28 Legal expense not included in item 15 3188 11
29 Furniture fixtures and safes 10758 12
30 Eepairs and expenses other than taxes on real estate
including 32000 per schedule I 22113 07
31 Taxes on real estate 3008 69
32 State taxes on premiums 61780 54
33 Insurance department licenses and fees 6671 94
34 All other licenses fees and taxes Federal corporation
tax 250932 Franchise tax 7777941 reserve 3
40902 municipal licenses taxes 227798 publish
ing 63553 291351 state treasurers fees and bonds
15850 chancery Clerks attorneys and recorders
22340 total 86993 16
38 Other disbursements Home office traveling expenses
235434 miscellaneous expenses 1585717 mort
gage loan expenses 329367 commissions paid on
loans per schedule I 1788329 interest on income
bonds issued by company 33897 total 39727 44
45 Agents balances charged off 6537 01
46 Gross loss on sale or maturity of ledger assets viz
Real estate 202200 bonds 45200 total 2474 00
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds 7887 45
48 Total disbursements 5270366 59
IVLedger Assets
1 Book value of real estate 709300 00
2 Mortgage loans on real estate first liens 20468661 23
4 Loans made to policyholders on this companys policies
assigned as collateral77 4618829 62
5 Premium notes on policies in force 83417 54
6 Book value of bonds 660755200 and stocks 33561900 6943171 00
7 Cash in companys office 807 21
9 Deposits in trust companies and banks on interest 607271 22
10 Bills receivable agents balances debit 820319 credit
442402 net 377917 3779 47
12 Total ledger assets 33435236 99734
ComptrollerGenerals Eeport
NonLedger Assets
13 Interest due 715550 and accrued 413
92477 on mortgages 421080 27
14 Interest accrued on bonds 48123 76
16 Interest due 1839547 and accrued 8
95718 on premium notes policy loans
or liens 27352 65
17 Interest accrued on other assets 7 67
21 Total interest and rents due and accrued 496564 35
22 Market value of real estate over book value 6500 00
25 Gross premiums due and unreported on
policies in force Dec 31 1912 270355 05
26 Gross deferred premiums on policies in
force December 31 1912 301718 25
27 Total
28 Deduct loading
572073 30
129878 09
29 Net amount of uncollected and deferred premiums 442195 21
35 Gross assets 34380496 55
Deduct Assets Not Admitted
8203 19
38 Agents debit balances gross
41 Premium notes and loans on policies and
net premiums in item 29 in excess of the
net value of their policies
43 Book value of ledger assets over market
value viz Stocks and bonds
1074 95
75102 20
45 Total
84380 31
46 Admitted assets 34296116
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed by the company on
the Company on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on policies
issued prior to Jan 1 1901 16373367 00
Same for reversionary additions 608485 00
ComptrollerGenerals Eeport
735
2 American Experience table at 3 per cent
on participating policies issued after
Jan 1 1901 and all 1907891011 and
1912 issue and extended insurance 13001476 00
Same for reversionary additions 381587 00
3 American Experience table at 3 per cent
on nonparticipating policies issued for
years 19011906 inclusive 917021 00
4 Other tables and rates viz Extra reserve
on policies where dividends have been
applied to shorten the endowment or
premium paying period valued by Am
erican Experience table at 3 per cent 27278 00
5 Net present value of annuities including
those in reduction of premiums
McClintocks annuity table 3 per cent 379801 00
Present value of amounts used in reduction
of premiums American 3 per cent 26720 00
Total 31715735 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 135623 00
8 Net reserve 31580112 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Company at 3 per cent interest 63381 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 15382 65
12 Claims for death losses in process of ad
justment or adjusted and not due 31359 69
13 Claims for death losses incurred for which
no proofs have been received 60000 00
17 Total policy claims 91359 69
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 245437 39
20 Premiums paid in advance including surrender values
so applied 26720 56
21 Unearned interest and rent paid in advance 111698 16
23 Commissions to agents due or accrued 9587 83
25 Salaries rents office expenses bills and accounts due
or accrued 1744 59
26 Medical examiners fees 4632 00
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 61297 66

736 CompteollebGeneeals Eepoet
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 59554 34
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 788667 00
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 31415 85
34 Amounts set apart apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not included
in item 33 43989 64
35 Beserve special or surplus funds not included above
Contingent deferred term dividends 1493383 re
serve for special paidup option 500000 total 19933 83
45 Unassigned funds surplus 1139 202 02
46 Total 34296116 21
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 989 2431327 00
18 Policies on the lives of citizens of said State
issued during the year 170 495945 00
19 Total 1159 2927272 00
20 Deduct ceased to be in force during the year 76 185708 00
21 Policies in force December 31 1083 2 741 564 00
23 Losses and claims incurred during year 19 79 042 79
24 Total 19 i9j042 79
25 Losses and claims settled during the year in
cash 19 79042 79
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 88 577 47ComptbollerGeneeals Eepoet 737
pittsburgh life trust company of pennsylvania
W C Baldwin President Jas H Mahan Secretary
Principal Office Liberty Ave and 61st St Pittsburgh Pa
W A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 23285693 26
4 Extended at 23285693 26
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 55555 for first
years reinsurance 415407 74
7 Total first years premiums on original
policies 415407 74
8 Dividends applied to purchase paidup ad
ditions and annuities 36933 00
9 Surrender values applied to purchase paid
up insurance and annuities 28360 00
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less
479820 for reinsurance on renewals 2296132 31
14 Dividends applied to pay renewal pre
miums 29754 49
16 Surrender values applied to pay renewal
premiums 21359 89
17 Renewal premiums for deferred annuities 158 71
480700 74
18 Total renewal premiums 2347405 40
19 Total premium income 2828106 14
20 Consideration for supplementary contracts not involving
life contingencies 21702 17
21 Dividends left with the company to accumulate at in
terest 3688 58
23 Gross interest on mortgage loans less
9119 accrued interest on mortgages
acquired during 1912 316133 60738
CompteollebGenebals Repobt
24 Gross interest on collateral 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
28 Gross interest on other debts due the com
pany viz Miscellaneous interest
32 Gross rent from companys property in
cluding 2347000 for companys occu
pancy of its own buildings
ISO 00
184386 08
223447 80
5786 79
24450 85
438352 53
33 Total gross interest and rents
34 From other sources viz Profit and loss 167200
surrender values due and unpaid 3937 suspense
account 120821 health and accident premiums
in connection with life policies 744925 total
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Bonds
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
1192737 65
10368 83
4S5 31
1008 35
5980 94
44 Total income 4064077 97
1TTDisbursements
1 For death claims 157415044 additions
3295998 total 1607110 42
2 For matured endowments 55273200 ad
ditions 365311 total 556385 11
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
6 Surrender values paid in cash or applied in liquidation
of loans or notes
7 Surrender values applied to pay renewal premiums
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
annuities
13 Dividends left with the company to accumulate at in
terest
2163495 53
21475 61
637223 71
21359 89
28360 00
145516 36
29754 49
36933 00
3688 58
14 Total paid policyholders 3087807 17ComptrollerGenerals Report
739
15 Expense of investigation and settlement of policy claims
including 35700 for legal expenses 546 83
16 Paid for claims on supplementary contracts not involv
ing life contingencies 11022 88
17 Dividends and interest thereon held on deposit surren
dered during the year 6742 62
18 Paid stockholders for interest or dividends 100000 00
19 Commissions to agents less commission on reinsurance
First years premiums 10189528 renewal premiums
7081993 total 172715 21
20 Commuted renewal commissions 1400 00
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 22026 78
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 74126 60
23 Branch office expenses including salaries of managers
and clerks not included in item 21 13653 87
24 Medical examiners fees 2011756 inspection of risks
269741 total 22814 97
25 Salaries and all other compensation of officers directors
trustees and home office employees 116761 40
26 Kent including 2347000 for companys occupancy of
its own buildings 23470 00
27 Advertising 1564386 printing and stationery 13
41638 postage telegraph telephone and express
1391418 total 42974 42
28 Legal expense not included in item 15 4533 78
29 Furniture fixtures and safes 880 59
30 Repairs and expenses other than taxes on real estate 124026 40
31 Taxes on real estate 109426 14
32 State taxes on premiums 31030 60
33 Insurance department licenses and fees 6348 99
34 All other licenses fees and taxes viz Federal cor
poration tax 735751 capital stock tax 574205
total 13099 56
38 Other disbursements viz General expense 232325
investment expense 1338535 profit and loss
63510 health and accident claims paid 168821
total 18031 91
46 Gross loss on sale or maturity of ledger assets viz
Real estate 1350000 bonds 130396 total 14803 96
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds including 185300 for amorti
zation of premium 1853 00
48 Total disbursements 4020097 68740
ComptrollerGenerals Eeport
IVLedger Assets
1 Book value of real estate 7978861 85
2 Mortgage loans on real estate first liens 6702015 00
3 Loans secured by pledge of bonds stocks or other col
lateral 3000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 4148194 42
5 Premium notes on policies in force 83352 14
6 Book value of bonds 412005823 and stocks 39
00000 total 4159058 23
7 Cash in companys office 3853 25
9 Deposits in trust companies and banks on interest 220676 66
10 Bills receivable 75 00
11 Washington life stock 2488700 contingent reversion
570000 total 30587 00
12 Total ledger assets
NonLedger Assets
13 Interest due 521565 and accrued 66
28273 on mortgages
14 Interest accrued on bonds
16 Interest due 1963447 and accrued 22
67339 on premium notes policy loans
or liens
17 Interest accrued on other assets viz
Bank balances
20 Rents due on company s property or lease
71498 38
48158 24
42307 86
179 10
7190 73
21 Total interest and rents due and accrued
22 Market value of real estate over book value
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 10552 00 121586 92
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 25814 63 183443 39
27 Totals 36366 63 305030 31
28 Deduct loading 6414 00 57151 80
29 Net amount of uncollected and deferred premiums
35 Gross assets
169334 31
448108 06
277831 14
24224947 06ComptrollerGenerals Report 741
Deduct Assets Not Admitted
40 Bills receivable 75 00
41 Premium notes and loans on policies and
net premiums initem 29 in excess of
the net value of their policies 10908 43
43 Book value of ledger assets over market
value viz Washington Life Insurance
Co stocks 2488700 bonds not subject
to amortization 972930 stock 6
60000 total 104329 30
Total 129216 30
46 Admitted assets 24084747 33
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
Pennsylvania insurance department on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent 10366811 00
Same for reversionary additions 168575 00
Total 10535386 00
2 American experience table at 31 per
cent 6114283 00
Same for reversionary additions 110347 00
Total 6224630 00
3 American Experience table at 3 per cent 4376257 00
Total 4376257 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries 4 per cent 8782000
American 3 per cent 4840000
American 3 per cent 297600 total 139196 00
Total 21275469 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 5451 00
7 Beserve to provide for health and accident benefits con
tained in life policies 3129 00
8 Net reserve 21273147 00742 ComptrolleeGeneeal s Report
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 90242 00
12 Claims for death losses in process of ad
justment or adjusted and not due 83704 76
13 Claims for death losses incurred for which
no proofs have been received 80771 57
14 Claims for matured endowments due and
unpaid 14938 56
15 Claims for death losses and other policy
claims resisted by the company 23000 00
17 Total policy claims 202414 89
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 8137 48
20 Premiums paid in advance including surrender values
so applied 25309 40
21 Unearned interest and rent paid in advance 139498 97
23 Commissions to agents due or accrued 7190 00
25 Salaries rents office expenses bills and accounts due
or accrued 8507 54
26 Medical examiners fees 199750 and legal fees
20000 due or accrued 2197 50
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the yeaT
of this statement 38631 54
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 16449 88
34 Amounts set apart apportioned previsionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 27541 23
35 Reserve special or surplus funds not included above
Extra reserve for increasing insurance in total ab
stinanee clause 5731 00
Extra reserve for surrender values in excess of net
values of their policies 21228 00
38 Death claims estimated less reserve notices received
after December 31 1912 10000 00
39 All other liabilities viz Surrender values due and un
paid 67195 suspense account 164691 total 2318 86
44 Capital stock 1000000 00
45 Unassigned funds surplus i 1206202 04
46 Total 24084747 33ComptrollekGenerals Eeport 743
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 694 l39u967 00
18 Policies on the lives of citizens of said State
issued during the year 129 665497 00
19 Total 823 2056464 00
20 Deduct ceased to be in force during the year 160 567234 00
21 Policies in force December 31 663 1489230 00
22 Losses and claims unpaid December 31 of pre
vious year 2 1100 00
23 Losses and claims incurred during year 19 33341 80
24 Total 21 34441 80
25 Losses and claims settled during the year in
cash 18 32341 80
26 Losses and claims unpaid December 31 3 2100 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses including premiums
collected by mail at home office 38846 88
PROVIDENT LIFE ACCIDENT INSURANCE COMPANY OF
CHATTANOOGA TENNESSEE
Thomas Maelellan President Robt T Maclellan Secretary
Home Office James Building Chattanooga Tennessee
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 150000 00
2 Amount of ledger assets as per balance
December 31 of previous year 80944 08
4 Extended at
230944 08
IIIncome
1 Gross premiums written and renewed dur
ing the year Accident and health
6 Net premiums
186972 00
186972 00
744
ComptbollerGenebals Eeport
22 Gross interest on mortgage loans 5127 37
23 Gross interest on collateral loans 962 13
24 Gross interest on bonds and dividends on
stocks less 2148 accrued interest on
bonds acquired during 1912 2656 97
25 Gross interest on deposits in trust com
panies and banks 693 49
26 Gross interest from all other sources viz
On bills receivable held 1911 paid 1912 697 61
30 Total gross interest and rents
39 Total income
10137 57
216975 71
IIIDisbursements
1 Gross amount paid for losses Accident and health 72791 49
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health 65645 72
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 23576 33
29 Salaries and all other expenses of agents not paid by
commissions 14160 22
30 Medical examiners fees and salaries 2316 50
32 Eents including companys occupancy of its own build
ings 1844 91
35 State taxes on premiums 2837 82
36 Insurance department licenses and fees 1681 40
37 All other licenses fees and taxes viz Traveling ex
penses 6763 91
42 Legal expenses 1581 82
43 Advertising 1103 95
44 Printing and stationery 3358 61
45 Postage telegraph telephone and express 1 S73 66
47 Stockholders for interest or dividends amount declared
during the year 1400000 14000 00
48 Other disbursements viz Miscellaneous 589 68
53 Agents balances charged off 251 61
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 16 90
56 Total disbursements 214394 53
IVLedger Assets
2 Mortgage loans on real estate first liens 83595 00
3 Loans secured by endorsement 17000 00
ComptrollerGenerals Beport
Book value of bonds
Deposits in trust companies and banks
not on interest 14107 10
Deposits in trust companies and banks
on interest 17060 00
25
26
Total cash items
Premiums in course of collection viz On policies or
renewals issued on or after October 1 1912 Accident
and health
Bills receivable
Other ledger assets viz Furniture and fixtures 1
59371 agents debit balances 62460 accounts
receivable 1042087 total
30 Ledger assets
NonLedger Assets
31
32
33
Interest accrued on mortgages
Interest accrued on bonds
Interest accrued on collateral loans
1502 95
112 50
115 00
Total
45
46
51
57
2
3
8
20
Bills receivable 124 01
Furniture and fixtures 1593 71
Book value of ledger assets over market
value viz Agents balances 624 60
Total
Admitted assets
VLiabilities Surplus and Other Funds
Losses and claims reported or in process
of adjustment Accident and health 2288 75
Losses and claims resisted 230 00
Total losses and claims Accident and health
Total unpaid claims and expenses of settlement
745
67000 00
31167 10
19000 00
3124 01
12639 18
233525 29
1730 45
43 Gross assets 235255 74
Deduct Assets Not Admitted
2342 32
232913 42
2518 75
2518 75
746 CompteollebGenerals Report
21 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 1900000
unearned premiums fifty per eent 9500 00
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Accident and
health
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
44 Total
47 Capital actually paid up in cash 150000 00
48 Surplus over all liabilities 61794 67
49 Surplus as regards policyholders
50 Total liabilities
VIExhibit of Premiums
1 In force December 31 1911 per line 5 of last years
statement
2 Written or renewed during the year
3 Totals
4 Deduct expirations and cancellations
5 In force at the end of the year
Business in the State of Georgia During the Year
27 Gross premiums less return premiums on risks written
or renewed during the year Accident and health
28 Gross losses paid Accident and health
9500 00
4750i 00
500 00
3850 00
21118 75
211794 67
232913 42
10999 50
186972 00
197971 50
178672 38
19299 12
3778 00
1347 98ComptrollerGenerals Report 747
the prudential insurance co of america newark n j
Forrest F Dryden President Willard I Hamilton 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 31st of previous year252344834 73
4 Extended at 252344834 73
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 3851213 83
6 Surrender values applied to pay first
years premiums ordinary 82 85
7 Total first years premiums on original
policies ordinary 3851296 68
8 Dividends applied to purchase paidup ad
ditions and annuities ordinary 81974 84
9 Surrender values applied to purchase paid
up insurance and annuities ordinary 523946 54
11 Consderation for supplementary contracts
volving life contingencies 366562 29
10 Consideration for original annuities in
involving life contingencies 17908 81
12 Total new premiums ordinary 4841689 16
13 Renewal premiums ordinary without
deduction for commissions or other ex
penses less 14848058 for reinsurance
on renewals 23195560 95
14 Dividends applied to pay renewal pre
miums ordinary 410515 26
16 Surrender values applied to pay renewal
premiums ordinary 2354 41
17 Renewal premiums for deferred annuities 2429 84
18 Total renewal premiums ordinary 23610860 46
18a Total premium income ordinary 28452549 62748
ComptrollerGenerals Report
18b
Industrial premiums Cash 4491000060 surrender
values applied to purchase paidup insurance and an
nuities 122754250 dividends applied to pay re
newal premiums 108843756 dividends applied to
purchase paidup additions and annuities 832319
total 47234303 85
203186 04
19 Total premium income 75686853 47
20 Consideration for supplementary contracts not involving
life contingencies
23 Gross interest on mortgage loans less
7370732 accrued interest on mortga
ges acquired during 1912 3179588 22
24 Gross interest on collateral loans 134661 81
25 Gross interest on bonds and dividends on
stocks less 21741017 accrued interest
on bonds acquired during 1912 6816124 01
Gross interest on premium notes policy
loans or liens 1037153 28
Gross interest on deposits in trust com
panies and banks
28 Gross interest on other debts due the com
pany viz On purchase price of prop
erty sold under contract 6450 on
revivals and changes in premiums 13
71758 on agents indebtedness 2
06646 on advances account of loans
recovered under foreclosure proceedings
474 total
Gross rent from companys property in
cluding 65510004 for companys occu
pancy of its own buildings 1091946 44
26
27
194958 81
15853 38
32
33 Total gross interest and rents 12470285 85
41 Gross profit on sale or maturity of ledger assets viz
Real estate 67830 bonds 16330585 total 163984 15
43 Total income 88524309 51
IIIDisbursements
1 For death claims 1961834079 addi
tions 21169026 total 19830031 05
2 For matured endowments 100063564
additions 558100 total 1006216 64
3 Net amount paid for losses and matured endowments 20836247 69
4 For annuities involving life contingencies 123280 58ComptrollerGenerals Keport
749
3 Surrender values paid in cash or applied in liquidation
of loans or notes 3519349 04
7 Surrender values applied to pay new premiums 8285
to pay renewal premiums 235441 total 2437 26
8 Surrender values applied to purchase paidup insurance
and annuities 1751489 04
9 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes 3430466 24
10 Dividends applied to pay renewal premiums 1498952 82
12 Dividends applied to purchase paidup additions and
annuities 90298 03
14
15
16
18
19
22
23
24
25
26
27
28
29
30
31
32
33
34
Total paid polieyholders 31252520 70
Expense of investigation and settlement of policy claims
including 1325667 for legal expense 37114 23
Paid for claims on supplementary contracts not involv
ing life contingencies 80320 33
Paid stockholders for interest on dividends 200000 00
Commissions to agents less commission on reinsurance
First years premiums ordinary 138272979 re
newal premiums ordinary 83722633 annuities
original 1688306 renewal 12665 indus
trial 876596322 total 11002929 05
Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 351386 74
Branch office expenses including salaries of managers
and clerks not included in item 21 3483877 86
Medical examiners fees 84797675 inspection of risks
6486536 total 912842 11
Salaries and all other compensation of officers directors
trustees and home office employees 2620769 85
Bent including 65510004 for companys occupancy
of its own buildings less 85100 received under sub
lease 1014343 44
Advertising 8945156 printing and stationery 370
19858 postage telegraph telephone and express
20933362 exchange 14601 total 669129 77
Legal expense not included in item 15 44980 22
Furniture fixtures and safes 63553 98
Repairs and expenses other than taxes on Teal estate 335758 95
Taxes on real estate 147320 42
State and provincial taxes on premiums 1030368 44
Insurance department licenses and fees 37837 02
All other licenses fees and taxes viz Federal cor
poration tax 14483699 life insurance excise tax
Massachusetts 1947975 New Jersey State tax
on surplus 18360341 municipal taxes and licenses
10823490 city and county taxes on premiums 4750
ComptbollekGesekals Eepobt
42435 local licenses and privilege taxes 552020
provincial tax on interest receipts 857 total 466107 97
38 Other disbursements viz Law library 117970 ex
penses of annual audit by public accountants 11
50000 expense of examination by Sew Jersey State
department 117100 sundry general expenses in
eludes contributions of 1336720 toward expenses of
the Association of Life Insurance Presidents of which
91560 was disbursed by them for legal expenses and
313060 for legislative expenses 21386503 pre
miums on surety bonds 301724 investment expense
account 3748349 legislative expenses 372615
compensation and expenses of medical referees 1
12790 service retirement allowances and payments
made to disabled home office and field employees 60
66869 total 333739 201
46 Gross loss on sale or maturity of ledger assets viz
Eeal estate 905700 bonds 1047375 total 19530 75
47 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 266531 35
48 Total disbursements
IVLedger Assets
Book value of real estate
Mortgage loans on real estate first liens
Loans secured by pledge of bonds stocks or other col
lateral
Loans made to policyholders on this companys policies
assigned as collateral
Book value of bonds 15996959051 and stocks 2
96704450 total
Cash in companys office 7104 24
Deposits in trust companies and banks
not on interest 569633 01
Deposits in trust companies and banks
on interest 7850791 02
18193970 02
73424091 65
2766500 00
20747952 87
162936635 01
Total cash items
Agents balances debit
8427528 27
1504 04
10
12 Total ledger assets 286498181 85
NonLedger Assets
13 Interest due 5478557 and accrued 1
24032884 on mortgages 1295114 41
14 Interest accrued on bonds 2126582 90ComptrollerGenerals Report
751
15 Interest accrued on collateral loans 29699 73
16 Interest due 12609873 and acerued
17243 on premium notes policy loans
or liens 126271 16
17 Interest due 85611 and accrued 321 on other assets
viz Interest due on bank balances 85611 in
terest accrued on purchase price of property sold
under contract 321 859 31
20 Rents due 48813 and acerued 12
23350 on companys property or lease 12721 63
21 Total interest and rents due and accrued 3591249 15
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums ordinary
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums
ordinary 499476 43
4951 10 1437130 90
3943767 75
27 Totals ordinary 574427 53 5380898 65
28 Deduct loading ordinary 86168 12 930436 13
29 Net amount of uneollected
and deferred premiums
ordinary I 488259 41 4450462 52 493872193
29a Net amount of uneollected premiums industrial
gross 127866464 deduct loading 52917537 749489 27
30 All other assets viz Stationery and printed matter
1000000 furniture fixtures and safes 5000000
law library 918644 total 69186 44
35 Gross assets 295846828 65
Deduct Assets Not Admitted
37 Supplies stationery printed matter 10
00000 furniture fixtures and safes
5000000 total
38 Agents debit balances gross
39 Law library
60000 00
1504 04
9186 44752
ComptbolleeGexebals Eepoet
43 Book value of ledger assets over market
value viz Bonds and stocks 4259943 51
Total 4330633 99
46 Admitted assets 291516194 66
VLiabilities Surplus and Other Bunds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
company on the following tables of
mortality and rates of interest viz
1 Actuaries table at four per cent on poli
cies issued prior to January 1 1901
except as provided for in items 4 5
and 10 80969721 00
Same for reversionary additions 258994 00
Total 81228715 00
2 American Experience table at three per
cent on policies issued after December
31 1900 and prior to August 1 1907
except as provided for in items 4 5
and 10 91555718 00
Same for reversionary additions 335959 00
Total 91891677 00
3 American Experience table at three ane
onehalf per cent on ordinary policies
issued after July 31 1907 except aT
provided for in items 4 5 and 10 24216019 00
Total 24216019 00
4 Other tables and rates viz
New York Standard Industrial table at
three and onehalf per cent on indus
trial policies issued after December 31
1906 except as provided for in item 10 24475743 00
New York Standard Intermediate table
at three and onehalf per cent on in
termediate intermediate rating and
hazardous rating policies issued after
July 31 1907 4598208 00
Liability on account of xtra premiums
for occupation residence etc28 270 00ComptrollerGexerals Eeport
753
Reserve to cover contingent waiver of
premiums contained in certain policies
issued during 1912 based on Hunters
Disability tables at three and Onehalf
per cent 1779 00
Total 29104000 00
5 Net present value of annuities including
those in reduction of premiums viz
Actuaries table at four per cent on origi
nal annuities issued prior to January
1 1901 and annuities supplemental to
insurance issues in same period 207277 00
American Experience table at three and
onehalf per cent on original annuities
issued after December 31 1900 and
prior to January 1 1907 and annuities
supplemental to insurance issues after
July 31 1907 238967 00
American Experience table at three per
cent on insurance element of issues
after December 31 1900 and prior to
August 1 1907 and annuities supple
mental to insurance issues in same
period 47904 00
McClintock s tables at three and onehalf
per cent on original annuities issued
after December 31 1906 953922 00
Total 1448070 00
Total 227888481 00
6 Deduct net value of risks of this company reinsured in
other solvent companies 743704 00
8 Net reserve 227144777 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the assumption of interest rates as follows On
participating policies issued prior to 1901 four per
cent on nonparticipating policies issued prior to
1901 or after July 31 1907 and on income policies
three and onehalf per cent on all other policies
three per cent 949959 13
10 Liability on policies canceled and not included in net
reserve upon which a surrender value may be de
manded 476442 00754
ComptrollerGenerals Eeport
12 Claims for death losses in process of ad
justment or adjusted and not due 371291 60
13 Claims for death losses incurred for which
no proofs have been received 753143 75
14 Claims for matured endowments due and
unpaid 17912 20
15 Claims for death losses and other policy
claims resisted by the company 81409 19
17 Total policy claims
18 Due and unpaid on supplementary contracts not involv
ing life contingencies 900 00
20 Premiums paid in advance including surrender values
so applied 904775 23
21 Unearned interest and rent paid in advance 543857 33
23 Commissions to agents due or accrued 33967 62
25 Salaries rents office expenses bills and accounts due
or accrued 94678 48
26 Medical examiners fees 9950650 inspection of risks
250226 and legal fees 1032253 due or accrued 112331 29
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 1654315 22
30 Unpaid dividends to stockholders 200000 00
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums Annual dividend policies 30
98854 deferred dividend policies 15680808 non
participating policies 3843092 total 226227 54
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 366456 00
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 4389043 00
33a Dividends declared on or apportioned to nonpartici
pating industrial policies payable to policyholders
during 1913 378214 00
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33 27010196 41
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 118 28
Total 266710015 27ComptrollerGeneral s Eeport 755
44 Capital stock 2000000 00
45 Unassigned funds surplus 22806179 39
46 Total 291516194 66
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 6396 13272891 00
18 Policies on the lives of citizens of said State
issued during the year 815 2038071 00
19 Total 7211 15310962 00
20 Deduct ceased to be in force during the year 439 918432 00
21 Policies in force December 31 6772 14392530 00
No Amount
22 Losses and claims unpaid December 31 of pre
vious year 8 43100 00
23 Losses and claims incurred during year 64 117754 76
24 Total 72 160854 76
25 Losses and claims settled during the year in
cash ordinary 66 151827 46
26 Losses and claims unpaid December 31 6 9027 30
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses ordinary 413523 43
RELIANCE LIFE INSURANCE COMPANY OF PITTSBURGH PA
James 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 paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3153821 45
4 Extended at 3153821 45756 CompteollebGeneeals Kepobt
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 595489 for first
years reinsurance 421638 04
7 Total first years premiums on original
policies 421638 04
8 Dividends applied to purchase paidup ad
ditions and annuities 11278 42
11 Consideration for supplementary contracts
involving life contingencies 104 54
12 Total new premiums 433021 00
13 Renewal premiums without deduction for
commissions or other expenses less
1677612 for reinsurance on renewals 798133 33
18 Total renewal premiums 798133 33
19 Total premium income 1231154 33
21 Dividends left with the company to accumulate at in
terest 133 16
23 Gross interest on mortgage loans less
29133 accrued interest on mortgages 47335 07
24 Gross interest on collateral loans 43 50
25 Gross interest on bonds and dividends on
stocks less 290278 accrued interest
on bonds acquired during 1912 73449 72
26 Gross interest on premium notes policy
loans or liens 25162 63
27 Gross interest on deposits in trust com
panies and banks 2848 75
2 Gross interest on other debts due the com
pany viz Interest on agents bal
ances 2403 50
32 Gross rent from companys property in
cluding companys occupancy of its own
buildings 7244 14
33 Total gross interest and rents 158487 31
34 From other sources viz Receipts accident department
separate statement filed giving details 19714 79
41 Gross profit on sale or maturity of ledger assets viz
Bonds 22 50
Total income 1409512 09ComptrollerGenerals Report
IIIDisbursements
1 For death claims 20364321 additions
150873 total
205151 94
757
3 Net amount paid for losses and matured endowments 205151 94
5 Premium notes and liens voided by lapse less 114795
restorations 11969 19
6 Surrender values paid in cash or applied in liquidation
of loans or notes 43394 84
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 8778 05
12 Dividends applied to purchase paidup additions and
annuities 11278 42
13 Dividends left with the company to accumulate at in
terest 133 16
14 Totl paid policyholders 280705 60
15 Expense of investigation and settlement of policy claims 196 04
16 Paid for claims on supplementary contracts not involv
ing life contingencies 900 00
19 Commissions to agents less commission on reinsurance
First years premiums 27103257 renewal premiums
3218929 annuities original 2090 total 303242 76
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 20568 56
23 Branch office expenses including salaries of managers
and clerks not included in item 21 152096 41
24 Medical examiners fees 4669166 inspection of risks
1101368 total 57705 34
25 Salaries and all other compensation of officers directors
trustees and home office employees 84950 55
26 Rent including 2188000 for companys occupancy of
its own buildings 21880 00
27 Advertising 391094 printing and stationery 27
81555 postage telegraph telephone and express
1253899 total 44265 48
28 Legal expense not included in item 15 2477 69
29 Furniture fixtures and safes 5719 85
30 Repairs and expenses other than taxes on real estate 358 52
31 Taxes on real estate 81 40
32 State taxes on premiums 16255 41
33 Insurance department licenses and fees 11989 15
34 All other licenses fees and taxes viz Federal cor
poration tax 1344 tax on capital stock 500000
total 5013 44
38 Other disbursements viz Photographic 98357
library 46552 general expense premium on agency758
ComptrollerGenerals Eeport

and office force bonds and miscellaneous 261319
annual audit and consulting expenses 163979 fire
insurance on real estate and fixtures 7312 disburse
ments accident department separate statement filed
giving details 1671792 total
45 Agents balances charged off
46 Gross loss on sale or maturity of ledger assets viz
Stocks
22493 11
12387 38
440 47
48 Total disbursements 1043727 16
IVLedger Assets
1 Book value of real estate 160056 40
2 Mortgage loans on real estate first liens 641300 00
4 Loans made to policyholders on this companys policies
assigned as collateral 309335 73
5 Premium notes on policies in force 195861 25
6 Book value of bonds 1904375 18
7 Cash in companys office 6513 89
8 Deposits in trust companies and banks not on interest 37790 19
9 Deposits in trust companies and banks on interest 106330 30
10 Bills receivable 1245394 agents balances debit 145
02025 credit 14058950 153043 44
11 Judgment of record Paul Bright Wilmington Del 5000 00
12 Totl ledger assets 3519606 38
NonLedger Assets
13 Interest accrued on mortgages 9261 93
14 Interest accrued on bonds 17236 47
16 Interest accrued 783445 on premium
notes policy loans or liens 7834 45
17 Interest accrued on other assets 227 37
20 Bents accrued on companys property or
lease 78 00
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1912 159254 63
26 Gross deferred premiums on policies in
force Dec 31 1912 69462 90
34638 22
27 Total
28 Deduct loading
228717 53
45743 51
29 Net amount of uncollected and deferred premiums
182974 02ComptrollerGenerals Report 759
30 All other outstanding accident premiums 1749 7a
32 Office furniture and fixtures 54712 56
35 Gross assets 3793680 93
Deduct Assets Not Admitted
37 Furniture fixtures and safes 54712 56
38 Agents debit balances gross 145020 25
40 Bills receivable 12453 94
45Total 21218675
46 Admitted assetts 3581494 18
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Penna Ins
Dept on the following tables of mor
tality and rates of interest viz
2 American Experience table at 3 per
cent on all policies issued prior to Apr
19 1909 1549094 00
3 American Experience table at 3 per cent
on all policies issued subsequent to Apr
19 1909 781584 00
Same for reversionary additions 14263 00
Total 2344941 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 16649 00
8 Net reserve 2328292 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 9236 6o
13 Claims for death losses incurred for which
no proofs have been received 13500 00
15 Claims for death losses and other claims
resisted by the company 4865 67
17 Total policy claims 18365 67
20 Premiums paid in advance including surrender values so
applied 4017 19
21 Unearned interest and rent paid in advance 5410 87
22 Commissions due to agents on premium notes when paid 1958 61
25 Salaries rents office expenses bills and accounts due or
accrued 41 66760 CompteollerGenerals Eepokt
26 Medical examiners fees 5 175 00
35 Reserve special or surplus funds not included above
For accident Insurance 50 per cent gross premiums 9 851 32
39 All other liabilities Accident DeptStatement filed giv
ing details lj512 41
44 Cpital stock 1000ooO 0O
45 Unassigned funds surplus 197 263 SO
46 Total 3581494 18
Business in The State of Georgia During The Year
No Amount
17 Policies on the lives of citizens of said State in
force Dec 31 of previous 3ear 1272 19 022 16
18 Policies on the lives of citizens of said State in
force Dec 31 of previous year 311 4 395 qo
19 Total 1583 24517 16
20 Deduct ceased to be in force during the year 261 3 874 99
21 Policies in force Dee 31 1 322 20 642 17
22 Losses and claims unpaid Dec 31 of previous
ear 1 2500 00
23 Losses and claims incurred during year 12 18804 62
24 Total 13 21304 62
25 Losses and claims settled during the year in
cash 1930462 by compromise 200000 13 21304 62
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends or other
exPenses 72073 05
RESERVE LOAN INSURANCE CO OF INDIANAPOLIS INDIANA
Chalmers Brown Persident W K Bellis Secretary
W A Wright Insurance Comsr Attorney for Service
ICapital Stock
1 Amount oc capital paid up
ln cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2475122 36
4 Extended at 2475122 35ComptrollerGenerals Report
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 35169 for first
years reinsurance 244838 55
7 Total first years premiums on original
policies 244838 55
8 Dividends applied to purchase paidup ad
ditions and annuities 3 51
9 Surrender values applied to purchase paid
up insurance and annuities 11991 54
12 Total new premiums i
13 Renewal premiums without deductions for
commissions or other expenses less
42463 for reinsurance on renewals 497645 41
14 Dividends applied to pay renewal prem
iums 509 40
T6 Surrender values applied to pay renewal
premiums 3566 78
18 Total renewal premiums 501721 59
19 Total premium income S
21 Dividends left with the company to accumulate at
interest
23 Gross interest on mortgage loans less
49576 accrued interest on mortgages
acquired during 1912 79567 92
25 Gross interest on bonds and dividends on
stocks 596 00
26 Gross interest on premium notes policy
loans or liens 53320 93
27 Gross interest on deposits in trust com
panies and banks 2281 98
30 Overdue premiums etc 76 32
34 From other sources Partial payments on voided notes
36 Policy loans restored
37 Survivorship surplus
43 Total income
761
256833 60
758555 19
5 18
3216 33
740 00
898361 53762
ComptrollerGenerals Eeport
IIIDisbursements
1 For death claims
2 For matured endowments
166500 47
1590 15
3 Net amount paid for losses and matured endowments 168090 62
5 Premium notes and liens voided by lapse 7915 21
6 Surrender values paid in cash or applied in liquidation of
loans or notes 71920 23
7 Surrender values applied to pay renewal premiums 3566 78
8 Surrender values applied to purchase paidup insurance
and annuities 11991 54
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 76 78
10 Dividends applied to pay renewal premiums 509 40
12 Dividends applied to purchase paidup additions and
annuities 3 51
13 Dividends left with the company to accumulate at
interest 5 18
14 Total paid policyholders 264079 25
15 Expense of investigation and settlement of policy claims
including 132675 for legal expenses 5198 84
16 Paid for claims on supplementary contracts not involving
life contingencies 21289 26
19 Commissions to agents less commission on reinsurance
First years premiums 20157799 renewal premiums
1267765 total 214255 64
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 7800 00
22 Agency supervsion and traveling expenses of supervisors
except compensation for home office supervision 11212 48
24 Medical examiners fees 2651650 inspection of risks
506162 total 31578 12
25 Salaries and all other compensation of officers directors
trustees and home office employees 68416 68
26 Rent 6120 00
27 Advertising 374637 printing and stationery 723473
postage telegraph telephone and express 405903 15040 13
28 Legal expense not included in item 15 2012 32
29 Furniture fixtures and safes 789 96
31 Taxes assessment Marion Co Ind 1145 44
32 State taxes on premiums 6925 22
33 Insurance department licenses and fees 3610 85
34 All other licenses fees and taxes Federal corporation
tax 1704 municipal licenses 6436 franchise tax
20000 total 281 40ComptkolleeGekekals Report
763
38 Other disbursements General traveling expenses 5
75279 miscellaneous 243328 investment expenses
32381 int on coupons surrendered 932 suspense
account 2520 total
3544 40
48 Total disbursements 668299 99
IVLedger Assets
2 Mortgage loans on real estate
4 Loans made to polieyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Agents balances debit 1863091 credit 484842 net
12 Total ledger assets
1512756 35
1056888 99
15778 62
14475 00
3418 30
810 14
87274 01
13782 49
2705183 90
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
16 Interest due on premium notes policy
loans or liens
17 Interest accrued on certificates of deposit
and bank balances
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1912
26 Gross deferred premiums on policies in
force Dec 31 1912
28756 81
247 75
2839 97
248 84
32093 37
72075 27
23294 58
27 Total
28 Deduct loading
95369 85
42110 18
29 Net amount of uncollected and deferred premiums
30 All other assets Furniturefixtures safes and supplies
53259 67
8000 00
35 Gross asset 2798536 94
Deduct Assets Not Admitted
37 Furniture fixtures and safes
38 Agents debit balances gross
8000 00
18630 91764 ComptrollerGenerals Report
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
net value of their policies 10 403 69
44 City of Richmond Va Bond 575 00
46 Admitted assets 2760 927 3
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Ind Ins Dept
on the following tables of mortality
and rates of interest viz
1 Actuaries table at 4 per cent on 1421 S40 17
2 American Experience table at 3 per cent 1040001 87
Total 2461842 04
6 Deduct net value of risks of this company
reinsured in other solvent companies 589 66
Total 2461252 38
7 Reserve to provide for health and accident benefits con
tained in life policies j 994 S4
8 Net reserve 2462 547 22
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Co Actuary 1 757 31
13 Claims for death losses incurred for which
no proofs have been received 6 000 00
15 Claims for death losses and other claims
resisted by the company 23 83S 42
17 Total policy claims 29 838 42
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 5 27
20 Premiums paid in advance including surrender values so
aPPlied 3198 96
21 Unearned interest and rent paid in advance 20246 28
22 Commissions due to agents on premium notes when paid 475 55
25 Salaries rents office expensesbills and accounts due Or
accrued 470 61
26 Medical examiners fees 2 215 15
27 Estimated amount hereafter payable for federal state
and other taxes based uponthe business of the year of
this statement 8 87 62ComptrollerGenerals Report 765
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 42 20
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 551 37
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 1230 00
35 Reserve special or surplus funds not included above
Coupons left with the company to accumulate at interest
1180747 inst 44864 12256 11
Survivorship dividend 544000 int 99512 6435 12
44 Capital stock 100000 00
45 Unassigned funds surplus 105370 15
46 Total 2760827 34
Business in The State of Georgia During The Year
No Amount
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 830090 00
18 Policies on the lives of citizens of said state
issued during the year 493220 00
19 Total 1323310 00
20 Deduct ceased to be in force during the year 303000 00
21 Policies in force Dec 31 1020310 00
23 Losses and claims incurred during year 1000 00
24 Total 1000 00
25 Losses and claims settled during the year 1000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends or other
expenses 38270 89
SECURITY MUTUAL LIFE INSURANCE COMPANY OF
BINGHAMPTON NEW YORK
Fredrick W Jenkins President Chas A LaDue Secretary
F W Coleman Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 5977931 46
4 Extended at 5977931 46766
ComptrollerGenerals Report
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 57398 for first
years reinsurance 157965 63
8 Dividends applied to purchase paidup ad
ditions and annuities 4824 39
9 Surrender values applied to purchase paid
up additions and annuities 23839 20
10 Consideration for original annuities in
volving life contingencies 1000 00
12 Total new premiums 187629 22
13 Renewal premiums without deductions for
commissions or other expenses less 2
50589 for reinsurance on renewals 1386930 20
14 Dividends applied to pay renewal prem
iums 54937 39
16 Surrender values applied to pay renewal
premiums 14217 76
18 Total renewal premiums 1456085 35
19 Total premium income 1643714 57
21 Dividends left with the company to accumulate at in
terest 4110 89
23 Gross interest on mortgage loans less
42712 accrued interest on mortgages
acquired during 1912 57574 23
24 Gross interest on collateral loans 2000 00
25 Gross interest on bonds and dividends on
stocks less 139964 accrued interest
on bonds acquired during 1912 97540 36
26 Gross interest on premium notes policy
loans or liens 67120 64
27 Gross interest on deposits in trust com
panies and banks 8073 71
28 Gross interest on other debts due the
company viz Premium extensions 5830 43
32 Gross Tent from companys property in
cluding 1500000 for companys occu
pancy of its own buildings 45389 26
33 Total gross interest and rents 283528 63
34 From other sources viz German Bank Buffalo final
dividend 13 55
ComptrollerGeneral s Eeport
40 From agents balances previously charged off
43 Total income
IIIDisbursements
1 For death claims 57297892 additions
2144686 total 594425 78
2 For matured endowments 6000 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 4229208
restorations
6 Surrender values paid in cash or applied in liquidation
of loans or notes
7 Surrender values applied to pay renewal premiums
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and an
nuities
13 Dividends left with the company to accumulate at in
terest
14 Total paid policyholders
15 Expense of investigation and settlement of policy claims
including 325755 for legal expenses
16 Paid for claims on supplementary contracts not involv
ing life contingencies
17 Dividends and interest thereon held on deposit surren
dered during the year
19 Commissions to agents less commission on reinsrance
First years premiums 7170898 renewal premiums
8792403 annuities original 5000 total
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses inclding salaries of managers
and clerks not included in item 21
24 Medical examiners fees 1976750 inspection of risks
488157 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including 1500000 for companys occupancy of
its own buildings less 75350 received under sub
lease
767
477 95
r
1931845 59
600425 78
688 21
74806 38
363171 11
14217 76
23839 20
16369 19
54937 39
4824 39
4110 89
1157390 30
5307 99
4107 43
498 45
159683 01
10291 90
61285 21
24649 07
94701 13
20510 06708
ComptrollerGenerals Report
27 Advertising 199962 printing and stationery 3
14437 postage telegraph telephone and express 6
35228 exchange 2299 total 11519 26
28 Legal expenses not included in item 15 5886 55
29 Furniture fixtures and safes 1116 52
30 Eepairs and expenses other than taxes on real estate 13476 88
31 Taxes on real estate 8 637 50
32 State taxes on premiums 22 959 07
33 Insurance department licenses and fees 3227 46
34 All other licenses fees and taxes viz Federal cor
poration tax 159254 State taxes 38900 city
taxes 49156 total 2473 10
38 Other disbursements viz Traveling not included in
No 22 854817 agents due bills paid 25429 ex
change items previously credited to profit and loss
6084 general office expenses 414098 Association
Life Insurance Presidents 40360 examination ISfew
York insurance department 306388 legislation
13556 election expenses 126275 consulting actu
aries fees 155615 total 19427 22
45 Agents balances charged off 3 031 33
46 Gross loss on sale or maturity of ledger assets viz
Stocks 990 00
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds 100 00
48 Total disbursements 1 631 269 44
IVLedger Assets
1 Book value of real estate 726556 55
2 Mortgage loans on real estate first liens 1254050 00
3 Loans seemed by pledge of bonds stocks or other col
lateral 40000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 1437 116 76
5 Premium notes on policies in force 41 977 17
6 Book value of bonds 237549350 and stocks 34
10000 total 2409593 50
7 Cash in companys office 4 459 yy
8 Deposits in trust companies and banks not on interest 81125 60
9 Deposits in trust companies and banks on interest 261256 53
10 Bills receivable 87469 agents balances debit 1
4977 net 22372 39
12 Total ledger assets 6278507 61ComptrollerGeneral s Report
769
NonLedger Assets
3 Interest due 246125 and accrued 17
97405 on mortgages 20435 30
14 Interest accrued on bonds 26639 26
15 Interest accrued on collateral loans 433 33
16 Interest accrued on premium notes policy
loans or liens 25129 97
17 Interest accrued on other assets viz
Bank deposits 1941 42
20 Rents accrued on companys property or
lease 734 00
21 Total interest and rents due and accrued i
25 Gross premiums due and unreported on policies in force
December 31 1912 less reinsurance premiums
26 Gross deferred premiums on policies in force December
31 1912 less reinsurance premiums
27 Totals
28 Deduct loading
75313 28
116010 57
126723 04
242733 61
48546 72
29 Net amount of uncollected and deferred premiums 194186 89
35 Gross assets 6548007
Deduct Assets Not Admitted
38 Agents debit balances gross
40 Bills receivable
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
43 Book value of ledger assets over market
value viz Real estate 428690
bonds 10215350 total
21497 70
874 69
11073 18
106440 40
Total
139885 97
46 Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the New York770
ComptrollerGenerals Eeport
insurance department on the following
tables of mortality and rates of inter
est viz
1 Actuaries tables at 4 per cent on issues
of Jan 1 1887 to Dec 31 1900 except
endowments 3 per cent 108430S 00
2 American Experience table at 3 per
cent on issues of 1901 except endow
ments 3 per cent 503591 00
3 American Experience table at 3 per cent
on issues of Jan 1 1902 to Dec 31
1912 4200863 00
Same for reversionary additions 13456 00
5 Net present value of annuities including
those in reduction of premiums viz
MeClintock s 3 per cent 10756 00
American 3 per cent 828 00
Total 5813802 00
6 Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2073 00
8 Net reserve 5811729 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 16864 00
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded 14529 07
12 Claims for death losses in process of ad
justment or adjusted and not due 7333 00
13 Claims for death losses incurred for which
no proofs have been received 33311 59
15 Claims for death losses and other policy
claims resisted by the company 27963 00
17 Total policy claims 68607 59
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 9940 54
20 Premiums paid in advance including surrender values so
applied 9382 05
21 Unearned interest and rent paid in advance 14347 34
23 Commissions to agents due or accrued 18411 58
25 Salaries rents offee expenses bills and accounts due or
accrued 4647 70
26 Medical examiners fees 2079 78ComptrollerGeneral s Report
771

27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement 25000 00
31 Dividends or other profits due polieyholders including
those contingent on pyment of outstanding and de
ferred premiums 11448 62
32 Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise 6972 31
33 Dividends declared on or apportioned to deferred divi
dend policies payable to polieyholders during 1913 4065 94
34 Amounts set apaTt apportioned provisionally ascer
tained calculated declared or held awaiting appor
tionment upon deferred dividend policies not included
in item 33 156467 49
35 Reserve special or surplus funds not included above
Credits account early policies 60064 81
39 All other liabilities viz Agents due bills outstanding 5077 74
45 Unassigned funds surplus 168486 25
46 Total 6408121 81
Business in The State of Georgia During The Year
17 Policies on the lives of citizens of said State in force
December 31 of previous year 2188468 00
18 Policies on the lives of citizens of said State issued
during the year 254864 92
19 Total 2443332 92
20 Deduct ceased to be in force during the year 341232 00
21 Policies in force December 31 1912 2102100 92
22 Losses and claims unpaid December 31 of previous year 3618 32
23 Losses and claims incurred during year 33918 80
24 Total 37537 12
25 Losses and claims settled during the year in cash 30281 04
26 Losses and claims unpaid December 31 1912 7256 08
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends or other
expenses 71188 30772 ComptrollerGenerals Eeport
standard life insurance company of atlanta ga
Herman E Perry President J 0 Ross Treasurer
ICapital Stock
1 Amount of capital paid up in cash 100000 00
4 Extended at 100000 00
IIIncome
27 Gross interest on deposits in trust com
panies and banks I
28 Gross interest on other debts due the com
pany
1054 52
31 05
33 Total gross interest and rents
34 From other sources viz Advances by officers 44106
premium on capital stock sales 3857500 total
1085 57
39016 06
43 Total income
140101 63
IIIDisbursements
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including companys occupancy
27 Advertising 57105 printing and stationery 58436
postage telegraph telephone and express 17579
exchange 1733 total
29 Furniture fixtures and safes
34 All other licenses fees and taxes viz Charter expenses
38 Other disbursements viz Commissions on stock sales
1105400 actuary 106430 miscellaneous 86965
interest and discount 250697 refund of borrowed
money 44106 total
645 45
215 85
1348 53
400 00
104 00
15935
48 Total disbursements
18649 81
IVLedger Assets
6 Book value of bonds i
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Bills receivable
12 Total ledger assets S
104966 82
10412 60
1332 30
4740 10
121451 82ComptrollerGeneral s Report 773
XonLedger Assets
14 Interest due and accrued on bonds 178 07
21 Total interest and rents due and accrued 178 07
33 Gross assets 21629 89
Deduct Assets Not Admitted
40 Bills receivable 4740 10
46 Admitted assets 116869 79
VLiabilities Surplus and Other Funds
44 Capital stock 100000 00
45 TJnassigned funds surplus 16889 79
46Total 11688979

STATE LIFE INSURANCE COMPANY OF INDIANAPOLIS INDIANA
H W Bennett President Albert Sahm Secretary
Principal Office Indianapolis Indiana
C V LeCraw Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 10479954 79
4 Extended at 10479954 79
IIIncome
First years premiums on original policies
without deduction for commissions or
other expenses less 9460 for first
years reinsurance 229643 46
7 Total first years premiums on original
policies 229643 46
8 Dividends applied to purchase paidup ad
ditions and annuities 1318 91774
ComptbollebGeneeals Bepokt
9 Surrender values applied to purchase paid
up insurance and annuities 15796 04
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less
484130 for reinsurance on renewals 1971457 08
14 Dividends applied to pay renewal pre
miums 171289 70
246758 41
18 Total renewal premiums 2 142 746 78
19 Total premium income t
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans less
1573671 accrued interest on mortga
ges acquired during 1912 390628 50
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
28 Gross interest on other debts due the com
pany viz Interest on advances to
agents
32 Gross rent from companys property in
cluding 1305702 for companys occu
pancy of its own buildings
2389505 19
3913 16
8210 00
158073 36
3363 62
403 17
103764 81
33 Total gross interest and rents
34 From other sources viz Partial payments on voided
notes
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Eeal estate
664443 46
1113 14
589 39
12 52
43 Total income
3059576 86
IIIDisbursements
1 For death claims less 1000000 reinsur
ance
2 For matured endowments
611469 27
25300 00
3 Net amount paid for losses and matured endowments
Total disability claims
63676i L7
142 15ComptrollerGenerals Keport
775
4 For annuities involving life contingencies 100 00
5 Premium notes and liens voided by lapse 34361 76
6 Surrender values paid in cash or applied in liquidation
of loans or notes 270766 29
8 Surrender values applied to purchase paidup insurance
and annuities 15796 04
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 17481 24
10 Dividends applied to pay renewal premiums 171289 70
12 Dividends applied to purchase paidup additions and
annuities 1318 91
13 Dividends left with the company to accumulate at in
terest 39i 16
14 Total paid policyholders 1151938 o2
15 Expense of investigation and settlement of policy claims
including 99976 for legal expenses 2282 58
16 Paid for claims on supplementary contracts not involv
ing life contingencies 1967 7o
17 Dividends and interest thereon held on deposit surren
dered during the year iK 6
19 Commissions to agents less commission on reinsurance
First years premiums 16053050 renewal premiums
19242095 total 352951 45
20 Commuted renewal commissions 3200 00
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 8450 00
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 7666 86
23 Branch office expenses including salaries of managers
and clerks not included in item 21 12447 51
24 Medical examiners fees 1690580 inspection of risks
361177 total 20517 57
25 Salaries and all other compensation of officers directors
trustees and home office employees 129287 30
26 Kent including 1305702 for companys occupancy of
its own buildings less 127250 received under sub
lease 2017l 17
27 Advertising 559980 printing and stationery 11
87878 postage telegraph telephone and express
965386 exchange 5299 total 27185 43
28 Legal expense not included in item 15 1029 98
29 Furniture fixtures and safes 3488 49
30 Repairs and expenses otheT than taxes on real estate 85096 32
31 Taxes on real estate 14661 06
32 State taxes on premiums 33036 05
33 Insurance department licenses and fees 5893 90776
CompteolleeGeneeals Eepoet
34 All other licenses fees and taxes viz Federal cor
poration tax 398028 taxes on investments 90260
investment expenses 42268 total
38 Other disbursements viz Miscellaneous expenses 1
84296 discount on premiums paid in advance 153
total
45 Agents balances charged off
5305 56
1844 49
14072 92
48 Total disbursements 1853455 59
IVLedger Assets
1 Book value of real estate 995695 36
2 Mortgage loans on real estate first liens 7087367 50
4 Loans made to policyholders on this companys policies
assigned as collateral 3013984 69
5 Premium notes on policies in force 74481 72
6 Book value of bonds 214723 10
7 Cash in companys office 8090 47
9 Deposits in trust companies and banks on interest 235312 63
10 Agents balances debit 5916414 credit 274355
net 56420 59
12 Total ledger assets 11686076 06
NonLedger Assets
13 Interest due 848462 and accrued 99
71036 on mortgages 108194 98
14 Interest due 72000 and accrued 1
18333 on bonds 1903 33
16 Interest accrued on premium notes policy
loans or liens 744 81
17 Interest accrued on other assets viz On
bank deposits 48 41
20 Rents due on companys property or lease 1078 70
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums 94729 85
26 Gross deferred premiums on policies in
force December 3d 1912 less reinsur
ance premiums 75804 10
111970 23
207153 08
27 Totals 170533 95ComptrollerGenerals Report
777
28 Deduct loading
45894 89
29 Net amount of uncollected and deferred premiums 124639 06
30 All other assets viz Unearned premiums for fire in
surance on home office building 2688 50
35 Gross assets 12132526 93
Deduct Assets Not Admitted
38 Agents debit balances gross 59164 14
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 12497 54
43 Book value of ledger assets over market
value viz Municipal bonds 71 n9 50
Total
19607 04
46 Admitted assets 12053755 75
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
Indiana insurance department on the
following tables of mortality and rates
of interest viz
1 Actuaries table at 4 per cent on all
policies issued prior to Jan 1 1901 2260462 00
2 American Experience table at 3 per
cent on all nonparticipating premiums
excepting 20 year term policies issued
prior to Aug 16 1909 63235 00
3 American Experience table at 3 per cent
on all policies issued since Jan 1 1901
excepting per item No 2 7548374 00
Same for reversionary additions 2594 00
5 Net present value of annuities including
those in reduction of premiums viz
30 American Office tables 3 per cent 1838 00
Total 9876503 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 3464 00
7 Reserve to provide for health and accident
benefits contained in life policies
17364 00
3 Net reserve 9890403 00778
ComptrollerGenerals Eeport
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 39097 00
12 Claims for death losses in process of ad
justment or adjusted and not due 19000 00
13 Claims for death losses incurred for which
no proofs have been received 68000 00
14 Claims for matured endowments due and
unpaid 1500 00
15 Claims for death losses and other policy
claims resisted by the company 5000 00
17 Total policy claims 93500 00
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 6567 41
20 Premiums paid in advance including surrender values
so applied 1432S 73
21 Unearned interest and rent paid in advance 61740 59
23 Commissions to agents due or accrued 14018 06
25 Salaries rents office expenses bills and accounts due
or accrued 2039 65
26 Medical examiners and inspection fees 1791 10
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 44 067 51
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 5 088 71
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
or otherwise 29 100 45
33 Dividends declared on or apportioned to deferred divi
dend policies payable to policyholders during 1913 8898 72
35 Reserve special or surplus funds not included above
36 Special surplus on combination policies surplus and
tontine 63091 75
37 Surplus on ten year term policies to be applied in reduc
tion of premium I L jgg 3
45 ITnassigned funds surplus j 757 508 01
46 Total 12053755 75
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 1954 6367449 00CoMPTEOLLEBGeNEBALS EePORT 779
IS Policies on the lives of citizens of said State
issued during the year 317 889208 00
19 Total 2271 7256657 00
20 Deduct ceased to be in force during the year 259 738514 00
21 Policies in force December 31 2012 6518143 00
22 Losses and claims unpaid December 31 of pre
vious year 1 2000 00
23 Losses and claims incurred during year 19 49000 00
24 Total 20 51000 00
25 Losses and claims settled during the year in
cash 3397500 by compromise 2500 total 13 34000 00
26 Losses and claims unpaid December 31 7 17000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 156747 48
STATE MUTUAL LIFE INSURANCE CO OF ROME GEORGIA
John W Maddox President A C Wadsworth Secretary
Maddox Doyal Attorneys for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 3736245 02
4 Extended at 3736245 02
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 36881 97
7 Total first years premiums on original
policies 36881 97
9 Surrender values applied to purchase paid
up insurance and annuities 5921 50
12 Total new premiums 42803 47
13 Renewal premiums without deduction for
commissions or other expenses less 1
10650 for reinsurance on renewals 754983 83780
ComptrollerGenerals Eeport
14 Dividends and coupon credits applied to
pay renewal premiums 126262 35
18 Total renewal premiums
19 Total premium income
23 Gross interest on mortgage loans
24 Gross interest on collateral 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
28 Gross interest on other debts due the com
pany
32 Gross rent from companys property in
cluding 340000 for companys occu
pancy of its own buildings
48133 27
149 92
6061 25
83440 44
18 86
3179 39
25672 54
33 Total gross interest and rents
35 Settlement of claims vs former officers
36 Commutation of former book liability
40 From agents balances previously charged off
41 Gross profit on sale or maturity of ledger assets viz
Real estate 30000 bonds 48390 stocks 78390
total
881246 18
924049 65
166787 93
105004 71
219 15
269 90
1577 80
43 Total income 1197115 20
IIIDisbursements
1 For death claims
210655 1
3 Net amount paid for losses and matured endowments 210655 IS
4 For annuities involving life contingencies IS750 00
6 Surrender values paid in cash or applied in liquidation
of loans or notes 455462 42
8 Surrender values applied to purchase paid up insurance
and annuities 5 921 50
9 Dividends and coupon credits paid to policyholders in
cash or applied in liquidation of loans or notes 126262 35
14 Total paid policyholders 817051 45
18 Paid certificate for interest or dividends 10122 50
19 Commissions to agents less commission on reinsurance
First years premiums 2720436 renewal premiums
9838604 renewal 285499 total 128445 39ComptrollerGenerals Report
781
20 Commuted renewal commissions 22485
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 7624 94
22 Agency supervsion and traveling expenses of supervisors
except compensation for home office supervision 10504 71
24 Medical examiners fees 499200 inspection of risks
195974 605174
25 Salaries and all other compensation of officers directors
trustees and home office employees 50768 64
26 Rent including 340000 for companys occupancy of its
on buildings 450000
27 Advertising 554190 printing and stationery 39622
costaee telegraph telephone and express 191304
1 19 097 14
exchange 60993 w x
28 Legal expense not included in item 15 1019o lo
29 Furniture fixtures and safes 1718
30 Repairs and expenses other than taxes on real estate 16273 59
31 Taxes on real estate iio
1 7 91 40
32 State taxes on premiums 703 9
33 Insurance department licenses and fees 93 2o
34 All other licenses fees and taxes Office expenses 3
11060 special examiners 499473 fire insurance
414198 total 12247 31
38 Other disbursements Collateral loans 8246557 bills
receivable 190518 bank balances 59145 redemp
tion of outstanding checks formerly cancelled 6058
mortgage loan by redemption of 13800000 certificates
6120 986 62 redemption of income certificates 6
L w 212559 40
55000 total
45 Agents balances charged off yu
46 Gross loss on sale or maturity of ledger assets viz
Stocks
47 Gross decrease by adjustment in book value of ledger
assets viz Real estate 295129 bonds 6260566 65556 95
48 Total disbursements 1419750 51
49 Ledger liability including in disbursements 3513609 71
Also shown in liability schedule of the statement 32855 23
Total 3546464 94
IVLedger Assets
1 Book value of real estate 1 52
2 Mortgage loans on real estate first lens 65848313
other than first liens 50000 658983 13
3 Loans secured by pleMge of bonds stocks or other col
1 i 1 5000 00
lateral 782
ComptbolleeGenebals Eepoet
4 Loans made to polieyholders on this companys policies
assigned as collateral 1 683 101 80
5 Premium notes on policies in force 36 893 12
6 Book value of bonds hq 20 82
8 Deposits in trust companies and banks not on interest 42559 55
9 Deposits in trust companies and banks on interest 81700 00
10 Bills receivable 6000 agents balances debit 20000 260 00
12 Total ledger assets 3546464 94
NonLedger Assets
13 Interest due 59765 and accrued 6
68956 on mortgages 3
14 Interest accrued on bonds
18 Eeal estate
19 Special deposit
20 Bents accrued on companys property
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force Dec 31 1912
26 Gross deferred premiums on policies in
force December 31 1912
7287 21
2187 50
1753 72
1169 67
1161 25
13559 35
43755 93
25658 18
27 Total
28 Deduct loading
69414 11
13882 82
29 Net amount of uncollected and deferred premiums 55 531 29
30 All other assets Unearned Tire Ins Premiums 838 52
35 Gross assets 3616394 10
Deduct Assets Not Admitted
38 Agents debit balances gross
40 Bills receivable
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
their policies
200 00
60 00
2840 59
45 Total
3100 59
46 Admitted assets 3x393 51
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31 day of DecCompteolleeGexekals Eepoet
783
1912 as computed by the following
tables of mortality and rates of interest
viz
2 American Experience table at 3 per cent
on Annual Div and single premium
policies issued according to the 1906
edition rate book 2189345 64
3 American Experience table at 3 per cent
on all business except that specified
under No 2 1076029 78
Total 3265375 42
6 Deduct net value of risks of this company
reinsured in other solvent companies
681 61
8 Net reserve
13 Claims for death losses incurred for which
no proofs have been received
15 Claims for death losses and other claims
resisted by the company
3264693 81
14000 00
3000 00
17 Total policy claims
19 Dividends and coupon credits left with the company to
accumulate at interest and accrued interest thereon
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
25 Salaries rents offce expenses bills and accounts due or
accrued
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
31 Dividends and coupon credits or other profits due policy
holders including those contingent on payment of out
standing and deferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise
38 Contingency reserve
42 Commuted value of payments to Parker Age Co
45 Unassigned funds surplus
17000 00
6653 72
1273 89
38465 72
7762 98
1045 74
47 00
8215 28
9793 77
524 01
2500 00
25092 25
230225 34
46 Total 3613293 51784 ComptrollerGenerals Eeport
Business in The State of Georgia During The Year
17 Policies on the lives of citizens of said State in
force Dec 31 of previous year 11690037 50
18 Policies on the lives of citizens of said state
issued during the year 1129508 00
19 Total 12819545 50
20 Deduct ceased to be in force during the year 3 229 090 50
21 Policies in force December 31 9590455 00
22 Losses and claims unpaid December 31 of previous year 7000 00
23 Losses and claims incurred during year 89 000 00
24 Total 96000 00
25 Losses and claims settled during the year 92 000 00
26 Losses and claims unpaid December 31 4 000 00
27 Premiumscollected or secured in cash and notes or credits
without any deduction for losses dividends or other
exPenses 318029 96
STATE MUTUAL LIFE ASSUEANCE COMPANY OF
WORCESTER MASS
Burton H Wright President 0 W Carter Secretary
William A Wright Attorney for Service
ICapital Stock
2 Amount of ledger assets as per balance
Decemberf 31 of previous year 37956229 43
4 Extended at 379529 43
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses 664303 08
8 Dividends applied to purchase paidup ad
ditions and annuities no 862 91
10 Consideration for original annuities in
volving life contingencies 47 642 85
11 Consderation for supplementary contracts
involving life contingencies 4 657 00
12 Total new premiums 827465 84ComptrollerGenerals Report
785
13 Renewal premiums without deduction for
commissions or other expenses less
3925858 for reinsurance on renewals
14 Dividends applied to pay renewal prem
4266619 87
595494 11
18 Total renewal premiums
19
20
21
23
24
25
26
27
29
30
31
32
Total premium income
Consideration for supplementary contracts not involving
life contingencies
Dividends left with the company
interest
Gross interest on mortgage loans less
569553 accrued interest on mortgage
acquired during 1912
Gross interest on collateral loans
Gross interest on bonds and dividends on
stocks less 740483 accrued interest
on bonds acquired during 1912
Gross interest on premium notes policy
loans or liens
Gross interest on deposits in trust com
panies and banks
Int on Agency Bank deposits
com commissions 3599
Int on overdue prems 31943 loans on
personal security 50482
Gross discount on claims paid in advance
Gross rent from companys property in
cluding 2501829 for companys occu
pancy of its own buildings
7316
to accumulate at
425825 16
375 00
971989 36
252173 76
12314 29
1009 17
824 25
100 50
119496 10
33 Total gross interest and rents
34 From other sources Payment of interest in arears on
securities charged to profit and loss
36 Payment of rent in arears on real estate sold
37 Unadjusted surrender values
38 Premium notes restored less 50600 voided by lapse
41 Gross profit on sale or maturity of ledger assets viz
Beal estate
Bonds
Stocks
42 Gross increase by adjustment in book value of ledger
assets viz Bonds
4862113 98
5689579 82
43492 33
102027 04
43 Total income
1784107 59
500 00
174 13
607 96
1437 00
2000 00
4410 96
23008 75
5110 82
7656456 40786
ComptrollerGeneral s Report
IIIDisbursements
1 For death claims 179552949 additions
3678700 total 1832616 49
2 For matured endowments 73992651 ad
ditions 4519500 total 78512151
3 Net amount paid for losses and matured endowments 2617738 00
4 For annuities involving life contingencies 21695 32
6 Srrender values paid in cash or applied in liquidation
of loans or notes less reinsurance 1420895 684889 83
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 117 240 34
10 Dividends applied to pay renewal premiums 595494 11
12 Dividends applied to purchase paidup additions and
annuities 110862 91
13 Dividends left with the company to accumulate at
interest 102027 04
14 Total paid policyholders 4249947 55
15 Expense of investigation and settlement of policy claims
including 121900 for legal expenses 1428 00
16 Paid for claims on supplementary contracts not involving
life contingencies 17399 63
17 Dividends and interest thereon held on deposit surren
dered during the year 50895 68
19 Commissions to agents less commission on reinsurance
First years premiums 28287156 renewal premiums
28047988 annuities original 138682 56473S 26
20 Commuted renewal commissions 24723 99
22 Agency supervsion and traveling expenses of supervisors
except compensation for home office supervision 2 824 62
23 Branch office expenses including salaries of managers
and clerks not included in item 21 63727 43
24 Medical examiners fees 3931605 inspection of risks
703602 total 46 352 07
25 Salaries and all other compensation of officers directors
trustees and home office employees 130 314 63
26 Bent including 2501829 for companys occupancy of
its own buildings less 86666 received under sublease 48147 84
27 Advertising 766440 printing and stationery 2292896
postage telephone telegraph and express 1483159
exchange 18046 total 45 605 41
28 Legal expense not inclded in item 15 95 81
29 Furniture fixtures and safes 8721 04
30 Repairs and expenses other than taxes on real estate 31700 38
31 Taxes on real estate 21 582 12
32 State taxes on premiums 49 403 gComptrollerGenerals Report
787
33 Insurance department licenses and fees
34 All other licenses fees and taxes Federal corporation
tax 541517 local occupation licenses and taxes 1
80493 tax on reserve 4295946 total
38 Other disbursements Midday lunch to office force 9
55095 traveling 229851 lighting 130000 liabi
lity ins 4347 magazines etc 117105 auditing
2590 surety bonds 21000 laundry and ice water
22629 commissions sales and purchases 58100
transfer tax appraising 6036 alterations and paint
ing office 89648 rents of safety appliances 7050
fees and dues 4780 flowers 3600 sundry small in
cidental expenses 15285 total
46 Gross loss on sale or maturity of ledger assets viz
Bonds 2479470 stocks 187500
47 Gross decrease by adjustment in boot value of ledger
assets viz Bonds
6842 95
50179 56
19244 26
26669 70
17302 33
48 Total disbursements 5479873 14
IVLedger Assets
1 Book value of real estate 1684836 23
2 Mortgage loans on real estate first liens 10857837 58
3 Loans secured by pledge of bonds stocks or other col
lateral 5000 00
4 Loans made to polieyholders on this companys policies
assigned as collateral 5477269 35
5 Premium notes on policies in force 44430 00
6 Book value of bonds 1896413354 and stocks 2
221120 00 total 21185253 54
7 Cash in companys office 4642 82
9 Deposits in trust companies and banks on interest 815882 22
11 Loans to corporations 5000000 to Worcester Gas Light
Co at 5 per cent Oct 15 1913 on personal secrity
766095 total 57660 95
12 Total ledger assets 40132812 69
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
16 Interest due 1123634 and accrued 65
76564 on premium notes policy loans
or liens
17 Interest due 8343 and accrued 10094
on other assets loans or personal
152673 92
261685 92
77001 98
184 37788
ComptrollerGenerals Report
580 56
18 Corporation loans security accrued
20 Bents due 48390 and accrued 1419844
on companys property or lease 14682 34
21 Total interest and rents due and accruedj
24 Due from other companies for losses or claims on policies
of this company reinsured from Berkshire Life Ins Co
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums 6742 06 337059 86
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 6001708 497336 64
506809 09
15076 56
27 Totals 66759 14
28 Deduct loading 21 14353 22
834426 50
179401 70
29 Net amount of uncollected
and deferred premiums 52405 92 655024 80
35 Gross assets 41362 129 06
Deduct Assets Not Admitted
40 Loans on personal security endorsed or
or not g
43 Book value of ledger assets over market
value viz
7845 32
577816 54
585661 86
46 Admitted assets 40776467 20
VLiabilities Surplus and other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Mass Ins
Dept 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 December 31
1900 20344553 00
Same for revesionary additions 316017 00ComptrollerGeneeals Report
789
2 American Experience table at 3 per
cent on All policies issued from Jan
1 1901 to January 1 1908 1143111 00
Same for reversionary additions 514104 00
3 American Experience table at 3 per cent
on all policies issued after January 1
1908 3124435 00
Same for reversionary additions 500021 00
5 Net present value of annuities including
those in reduction of premiums
American 3 per cent 54743 00
American 3 per cent 179211 00
Total 36464195 00
6 Deduct net value of risks of this company
Teinsured in other solvent companies 273755 00
8 Net reserve 36
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the Actuary
10 Liability on policies cancelled and not included in net
reserve upon which a surrender value may be de
manded
13 Claims for death losses incurred for which
no proofs have been received 79901 00
14 Claims for matured endowments due and
unpaid 00
15 Claims for death losses and other policy
claims resisted by the company 8374 00
16 Due and unpaid on annuity claims involv
ing life contingencies 500 00
17 Total policy claims
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon
20 Premiums paid in advance including surrender values so
applied
21 Unearned interest and rent paid in advance
23 Commissions to agents due or accrued
25 Salaries rents office expenses bills and accounts due
or accrued
26 Medical examiners fees 477050 and legal fees 20000
due or accrued
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year of
this statement
190440 00
263360 21
3829 07
88938 00
386463 69
71920 14
175 35
193 45
3305 25
4970 50
90000 00
790 ComptbollebGeneeals Eepoet
31 Dividends or other profits due polieyholders including
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise
oo tv j j j 299781 00
33 Dividends declared on or apportioned to deferred divi
dend policies payable to polieyholders during 1913 23 866 00
34 Amounts set apart apportioned previsionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33
35 Reserve special or surplus funds not included above
Extra reserve on annuities o 0n on
Liability on death losses incurred but not reported 19427 02
43 Total
44 Unaligned funds surplus Z
46 Total
40776467 20
Business in The State of Georgia During The Year
it t v Amount
17 Policies on the lives of citizens of said State in
force December 31 of previous year 770 fifi04 nrt
18 Policies on the lives of citizens of said state
issued during the year 168 440848 oa
19 Total
20 Deduct ceased to be in forcedurg Z JJ
21 Policies in force December 31 881 n nn
23 Losses and claims incurred during year nf92 Z
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends or other
expenses
63384 57ComptrollerGenerals Report
SOUTHERN NATIONAL LIFE INSURANCE COMPANY
LYNDON KENTUCKY
Ed L Williams President Win Higgins
E M Jones Jr Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 19040 00
2 Amount of ledger assets as per balance
December 31 of previous year 340776 4
791
OF
Secretary
3 Increase of capital during the year
4 Extended at
1468 70
430 00
342671 74
IIIncome
5 First years premiums on original policies
without deduction for commissions 01
other expenses
89921 13
12 Total new premiums
13 Renewal premiums without deduction for
commission or other expenses
89921 13
58119 89
18 Total renewal premiums
19 Total premium income
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
15 00
1204 38
520 54
33 Total gross interest and rents
34 From other sources Surplus from sale of stock
36 Stock subscription
37 Cash with application
43 Total income
IIIDisbursements
1 For death claims
14300 00
3 Net amount paid for losses and matured endowments
6 Surrender values paid in cash or applied in liquidation
of loans or notes
14 Total paid policyholders
58119 89
148041 02
1739 92
470 00
3702 43
91 38
184044 75
14300 00
1483 56
15783 56792 CompteollebGenebals Eepoet
19 Commissions to agents less commission on reinsurance
First years premiums 7925359 renewal premiums
305326 total g2 30g gc
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance 1 027 95
24 Medical examiners fees 537300 inspection of risks
125032 total 66o3 32
25 Salaries and all other compensation of officers directors
trustees and home office employees 1370 17
26 Rent J
5i3 00
2 Advertising 139148 printing and stationery 1
36439 postage telegraph telephone and express
917 1 exchange 17894 3 855 52
28 Legal expense not included in item 15 378 55
30 Repairs and expenses other than taxes on real estate 910 61
32 State taxes on premiums 404 75
33 Insurance department licenses and fees 1 395 63
34 All other licenses fees and taxes Federal corporation
tax 5658 state and county taxes 150395 city
taxes on premiums 20781 total 1 76g 34
38 Other disbursements Coins on stock 15000 coupons
in reduction of prems 275357 Pittsburg Life and
Ins Co 61463 special policy div 431387 sub
scriptions 3630 sundry expenses 128577 acturial
expenses 89287 general expenses 207412 12121 33
48 Total disbursements 140728 38
IVLedger Assets
1 Book value of real estate 4316 05
2 Mortgage loans on real estate 1021517 other than first
liens 23000 total 10445 J7
3 Loans secured by pledge of bonds stocks or other col
A lateral 4737900
4 Loans made to policyholders on this companys policies
assigned as collateral 537 36
5 Premium notes on policies in force of which 30495
is for first years premiums 17 195 29
6 Book value of stocks 199890 70
7 Cash in companys office jjgg Q0
8 Deposits in trust companies and banks not on interest 1485 39
9 Deposits in trust companies and banks on interest 896 00
10 Bills receivable 285000 agents balances debit 27
39936 credit 69248 net 2670688 furniture and
fixtures 355616 total 29 g gg
11 P S Buyfogle 1990731 agents balances 10 236 80
t0tal 33700 27
12 Total ledger assets 35598S uComptbollebGeneeals Eepoet
NonLedger Assets
13 Interest due 64011 and accrued 36554
on mortgages
15 Interest due 578000 and accrued
46789 on collateral loans
17 Interest due 175000 and accrued
82082 on other assets viz Stocks
20 Bents due on companys property
21 Total interest and rents due and accrued
22 Market value of real estate over book value
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums 44407 58
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums 688 45
27 Totals 4509603
28 Deduct loading 9497 n
29 Net amount of uncollected and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
37 Furniture fixtures and safes 356 16
38 Agents debit balances gross 26706 88
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 304 95
43 Book value of ledger assets over market
value viz Franklin bank stock 5
65000 Southern States bank stock
350000 total 9150 00
Total
46 Admitted assets
VLiabilities Surplus and Other Funds
1005 65
6247 89
2570 82
30 00
9854 36
2000 00
35598 92
403441 39
39797 99
363723 40
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the794 ComptbollebGexeeals Report
company on the following tables of
mortality and rates of interest viz
2 American Experience table at 3 per
cent 102922 00
Total 102922 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 2047 00
8 Net reserve 1nn os nn
1002io 00
11 Claims tor death losses due and unpaid 2 800 00
15 Claims for death losses and other policy
claims resisted by the company 2900 00
17 Total policy claims AA nn
25 Salaries rents office expenses bills and accounts due
or accrued
35 Reserve special or surplus funds not included above
Coupons deposited with company 623080 cash with
applications 90243 total 7 133 03
43 Total 7
n 114849 58
44Capital stock
45 Unassigned funds surplus g9 8r g2
46 Total
363723 40
Business in the State of Georgia During the Year
No Amount
17 Policies on the lives of citizens of said State
v frCe December 31 f Previous year 24 38000 Oft
18 Policies on the lives of citizens of said State
issued during the year 124 mm Q0
19 Total 771 7 777
n n 148 o25000 00
20 Deduct ceased to be m force during the year 15 20500 00
21 Policies in force December 31 3 VliVo
Z3 Dosses and claims incurred during year 2 3 000 00
24 Total 7
t 3000 00
2o Losses and claims settled during the year in
cash
0R T 100 00
26 Losses and claims unpaid December 31 resisted 2 2 900 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 14 468 31CompteollebGeneeals Repobt 795
southern states life insurance company of alabama
Wilmer L Moore President Frank Orme Secretary
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 868323 08
4 Extended at 868323 08
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 150906 for first
years reinsurance 124162 97
7 Total first years premiums on original
policies 124162 97
8 Dividends applied to purchase paidup ad
ditions and annuities 266
9 Surrender values applied to purchase paid
up insurance and annuities 2552 00
9 Premiums on changed policies 6130 27
12 Total new premiums 133112 23
13 Renewal premiums without deduction for
commissions or other expenses less
1309164 for reinsurance on renewals 394302 24
14 Dividends applied to pay renewal pre
mima 27172 47
491 474 71
ewal premiums v
18 Total ren
19 Total premium income
21 Dividends left with the company to accumulate at in
terest
23 Gross interest on mortgage loans 16912 27
25 Gross interest on bonds and dividends on
stocks 542 50
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
554586 94
6349 57
14711 97
284 96796
ComptrollerGenerals Report
28 Gross interest on other debts due thecom
pany
11370 30
33 Total gross interest and rents
34 From other sources viz Renewal commission charged
out not paid agents
43 Total income
IHDisbursements
1 For death claims less 300000 reinsur
ance
63193 00
3 Net amount paid for losses and matured endowments 1
3 Disability premium loss
4 For annuities involving life contingencies
4 Premiums returned on cancelled policies
5 Premium notes and liens voided by lapse
6 Surrender values paid in cash or applied in liquidation
of loans or notes
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
annuities
13 Dividends left with the company to accumulate at in
terest
14 Total paid policyholders
15 Expense of investigation and settlement of policy claims
16 Paid for claims on supplementary contracts not involv
ing life contingencies
17 Dividends and interest thereon held on deposit surren
dered during the year
19 Commissions to agents less commission on reinsurance
First years premiums 9081281 renewal premiums
1226113 total
20 Commuted renewal commissions
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision
23 Branch office expenses including salaries of managers
and clerks not included in item 21
24 Medical examiners fees 1323975 inspectionof risks
460651 total
48722 00
43 41
609701 92
63193 00
39 11
56 22
4040 38
8546 86
55468 40
2552 00
37 15
27172 47
266 99
6349 57
167722 15
1393 73
650 00
7261 97
103073 94
100 00
1686 50
12159 31
2591 55
17846 26CompteollekGenekals Report
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Bent including companys occupancy of its own build
ings
27 Advertising 780527 printing and stationery 7662o7
postage 387019 telegraph and telephone l8860o
express 21908 exchange 49716 subscription to
insurance journals 53150 total
28 Legal expense not included in item 15
29 Special acturial expense
30 Investment expense
31 State examination expense
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes viz Federal cor
poration tax 83340 miscellaneous license and tax
150248 municipal licenses and taxes on premiums
316603 total
38 Other disbursements viz Officers traveling expenses
492 15 incidental home office expenses 476501
premiums in suspense Dec 31 1911 transferred to
premium income 357797 first year commission
charged out 1911 paid in 1912 290361 collection
fees charged out in 1911 paid in 1912 1939 charges
to premium loss to adjust net premiums on changed
policies 155650 total
45 Agents balances charged off
46 Gross loss on sale or maturity of ledger assets
47 Gross decrease by adjustment in book value of ledger
assets viz Bonds
48 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens I
3 Loans secured by pledge of bonds stocks or other col
litprfl
4 Loans made to policyholders on this companys policies
assigned as collateral
412 Automatic premium loans on policies
5 Premium notes on policies in force of which 301739
is for first years premiums
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
797
38732 48
3750 00
21471 82
2913 56
400 00
37 00
1404 00
4751 62
770 50
5501 91
13314 63
160 57
563 49
2577 00
410833 99
358025 00
172570 16
223527 00
10338 25
43777 95
146517 31
3086 13
86688 65
11877 61798
ComptbollebGenebals Eepoet
10 Bills receivable 128148 furniture and fixtures 8
933 al 8
11 Sundry personal items check returned by bank etc 5Q7 83
12 Total ledger assets
1067191 01
NonLedger Assets
13 Interest due 17874 and accrued 3
52494 on mortgages
14 Interest due and accrued on bonds
15 Interest accrued on collateral loans
16 Interest due and accrued on premium
notes policy loans or liens
17 Interest due and accrued on other assets
Interest on bank balances
3703 68
2064 16
14 23
585 36
162 87
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums
61581 47
8198 95
6530 30
27 Totals
28 Deduct loading
69780 42
18250 59
29 Net amount of uncollected and deferred premiums
30 All other assets viz Nonledger notes premiums
51529 83
4860 98
35 Gross assets
1130112 12
Deduct Assets Not Admitted
37 Furniture fixtures and safes g
39 Sundry personal items checks returned
etc
40 Bills receivable
41 Premium notes and loans on policies and
net premiums initem 29 in excess of
the net value of their policies
8933 64
567 83
1281 48
3240 28
Total
46 Admitted assets
14023 23
1116088 89
CompteolleeGtEneeals Kepobi 799
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
company on the following tables of
mortality and rates of interest viz
2 American Experience table at 31 per
cent on 1297081300 828639 00
3 American Experience table at 4 per cent
on 236100000 73954 00
Total 902593 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 11714 00
7 Reserve to provide for health and acci
dent benefits contained in life policies 1365 00
892244 00
8 Net reserve
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 6165 00
13 Claims for death losses incurred for which
no proofs have been received 6750 00
6750 00
17 Total policy claims
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon Dividend 8
11877 interest 30000 total 8418 77
20 Premiums paid in advance including surrender values
so applied
21 TTnearnued interest and rent paid in advance uy u
22 Commissions due to agents on premium notes when paid 3105 dS
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
668 668
feTred premiums
32 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
208o 57
or otherwise
39 All other liabilities viz Renewal premiums in sus
132 22
pense
928695 20
43 Total 100000 00
44 Capital stock
45 Unassigned funds surplus
1116088 89
46 Total 800 ComptrollerGenerals Eeport
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 4349 8387734 00
18 Policies on the lives of citizens of said State
issued during the year restored policies 54
9936000 1079 1863249 00
19 Total 5428 10250983 00
20 Deduct ceased to be in force during the year
moved fromGeorgia 12 policies 1250000 861 1560631 00
21 Policies in force December 31 4567 8690352 00
23 Losses and claims incurred during year 18 33660 00
24 Total 18 33660 00
25 Losses and claims settled during the year in cash 32910 00
26 Losses and claims unpaid December 31 disability 750 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 239660 60
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF
WEST VIRGINIA
Harrison B Smith President John C Riheldoffer Secretary
Principal Office Charleston W Va
Brutus J Clay Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 566542 04
4 Extended at
566542 04
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 159742 for first
years reinsurance
7 Total first years premiums on original
policies
34888 04
34888 04B

COMPTROLLEBGENEKAIiS EEPOBT
9 Surrender values applied to purchase paid
up insurance and annuities
189 00
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 3
14999 for reinsurance on renewals 145774 42
18 Total renewal premiums
19 Total premium income
23 Gross interest on mortgage loans
24 Gross interest on collateral loans
25 Gross interest on bonds and dividends on
stocks less 3200 accrued interest on
bonds acquired during 1912
26 Gross interest on premium notes policy
loans or liens
27 Gross interest on deposits in trust com
panies and banks
32 Gross rent from companys property
24216 56
4270 31
4008 00
4762 58
198 78
900 00
33 Total gross interest and rents
34 From other sources viz Premiums paid in advance
55932 cash in suspense 24177 for examination of
titles and fees 71200 total
40 From agents balances previously charged off
43 Total income
IIIDisbursements
1 For death claims 22000 00
3 Net amount paid for losses and matured endowments
6 Surrender values paid in cash or applied in liquidation
of loans or notes
8 Surrender values applied to pmchase paidup insurance
and annuities
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
14 Total paid policyholders
18 Paid stockholders for interest or dividends
19 Commissions to agents less commission on reinsurance
First years premiums 2187730 renewal premiums
314071 total
801
35077 04
145774 42
180851 46
38356 26
1513 09
41 36
220762 17
22000 00
18446 31
189 00
169 94
40805 25
4999 20
25018 01802
ComptrollerGenerals Eeport
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervsion and traveling expenses of supervisors
except compensation for home office compensation
23 Branch office expenses including salaries of managers
and clerks not included in item 21
24 Medical examiners fees 330600 inspection of risks
50666 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including 157950 for companys occupancy of
its own buildings less 39000 received under sub
lease
27 Advertising 194520 printing and stationery 156498
postage telegraph telephone and express 101308
collections 6618 total
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 viz Corporation
tax 9000 personal property 86618 total
38 Other disbursements viz For examination of titles and
fees in real estate loans 31250 general expense
116847 fire insurance 10680 net charges to loss
and gain 71346 total
45 Agents balances charged off
48 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force of which 152841
is for first years premiums
6 Book value of bonds 6835000 and stocks 930000
total
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
1784 52
3295 31
2892 41
3812 66
16225 31
1189 50
4589 44
1363 72
158 23
31 95
116 80
703 35
587 50
S66 18
2301 23
3309 9
114140 54
15000 00
41401 08
59622 00
70429 08
13433 70
77650 00
1761 74
4267 83
6073 02CompteollebGeneeals Eepoet
803
10
12
13
14
15
16
17
20
21
25
26
27
28
29
30
35
37
38
40
41
43
Bills receivable 593957 agents balances debit 5
28652 credit 70087 net 458565
10525 22
Total ledger assets 673163 67
NonLedger Assets
Interest due 114344 and accrued 3
20629 on mortgages
Interest accrued on bonds
Interest due 12000 and accrued 62477
on collateral loans
Interest accrued on premium notes policy
loans or liens
Interest due and accrued on other assets
Interest on bank stock
Eents due on companys property or lease
4349 73
533 33
744 77
636 20
240 00
75 00
Total interest and rents due and accrued
Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums
Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums
8307 63
8913 08
Total
Deduct loading
17220 71
3973 26
Net amount of uncollected and deferred premiums
All other assets viz Furniture and fixtures and print
ing and stationery
Supplies stationery printed matter 1
00000 furniture fixtures and safes
200000 total
Agents debit balances gross
Bills receivable
Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies
Book value of ledger assets over market
value viz Collateral loan No 29 se
3000 00
5286 52
5939 57
2548 24
6579 03
13247 45
3000 00
Gross assets 695990 15
Deduct Assets Not Admitted804 ComptrollerGenerals Eeport
cured by renewal commissions also by
75 shares Bate Agency Co 5500 00
Total
46 Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
company on the following tables of
mortality and rates of interest viz
2 American Experience table at 32 per
cent on modified preliminary term
basis 359806 30
3 American Experience table at 3 per
cent on full level premium basis 7361 22
Same for reversionary additions 15448 31
Total 382615 83
6 Deduct net value of risks of this company
reinsured in other solvent companies 3750 30
7 Beserve to provide for health and accident
benefits contained in life policies 249S 90
8 Net reserve
10 Liability on policies canceled and not included in net
reserve upon which a surrender value may be de
manded
13 Claims for death losses incurred for which
no proofs have been received 5300 00
17 Total policy claims
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
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
39 All other liabilities viz Cash in suspense
44 Capital stock
45 Unassigned funds surplus
46 Total
22274 33
673715 82
381364 43
503
5300 00
559 32
4863 39
176 09
957 77
80
241 77
250000 00
29748 37
673715 82
17
18
19
20
21
23
24
25
27
ComptrollekGenerals Report
Business in the State of Georgia During the Year
No
Policies on the fives of citizens of said State in
force December 31 of previous year 214
Policies on the lives of citizens of said state
issued during the year
104
Total
Deduct ceased to be in force during the year
318
62
Policies in force December 31 256
Losses and claims incurred during year
Total 1
Losses and claims settled during the year in cash
Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses
805
Amount
400256 00
176546 00
576802 00
95376 00
481426 00
2000 00
2000 00
2000 00
15340 14
SOUTHERN LIFE INSURANCE COMPANY OF NASHVILLE TENN
F M Searight President E T Hall Secretary
Home Office 418202122 Stahlman Bldg Nashville Tenn
J E Shepherd Americus Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up
in cash 201270 00
2 Amount of ledger assets as per balance
December 31 of previous year 191434 61
3 Increase of capital during the year 34820 00
4 Extended at
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses
12 Total new premums
13 Eenewal premiums without deduction for
commissions or other expenses less
21130 for reinsurance on renewals
226254 61
18948 04
18948 04
9046 97
18 Total renewal premiums
19 Total premium income
9046 97
27995 01806
ComptbollebGenebals Eepoet
23 Gross interest on mortgage loans 1380 00
24 Gross interest on collateral loans 13 50
25 Gross interest on bonds and dividends on
stocks less 33750 accrued interest on
bonds acquired during 1912 5 860 28
27 Gross interest on deposits in trust com
panies and banks 260 26
28 Gross interest on other debts due the com
pany viz Agency advances 10 37
33 Total gross interest and rents
34 From other sources viz Surplus from stock sales 28
31750 industrial premiums 4674363 accident and
health premiums 3856203 total
41 Gross profit on sale or maturity of ledger assets viz
Bonds
43 Total income
IIIDisbursements
1 For death claims
2 For matured industrial claims
22 00
10973 40
3 Net amount paid for losses and matured endowments
19 Commissions to agents less commission on reinsurance
First years premiums 1067617 renewal premiums
69411 total
21 Compensation of managers and agents not paid by com
mission for services in obtaining new insurance
22 Agency supervsion and traveling expenses of supervisors
except compensation for home office supervision
24 Medical examiners fees 687000 inspection of risks
4150 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Rent including companys occupancy
27 Advertising 33068 printing and stationery 258119
postage telegraph telephone and express 70162
total
28 Legal expense not included in item 15
33 Insurance department licenses and fees
34 All other licenses fees and taxes viz Federal cor
poration tar 157113 bonuses 9000 premium on
indemnity bonds 28900 miscellaneous sundry items
total
38 Other disbursements viz Salaries and commissions to
agents superintendents and assistants 4711812
7529 41
113623 16
165 00
149312 58
13173 40
11370 28
4107 70
187 90
6911 50
8742 00
3129 93
3613 49
366 56
413 22
2338 14ComptrollerGenerals Beport
807
46
claims accident and health 2264939 commissions
1221408 other disbursements accident and health
department 1115834 total
Gross loss on sale or maturity of ledger assets viz
Stocks
48 Total disbursements
IVLedger Assets
Mortgage loans on real estate first liens
Loans secured by pledge of bonds stocks or other col
lateral
Premium notes on policies in force
Book value of bonds
Cash in companys office 132 70
Deposits in trust companies and banks not
on interest 31632 79
Deposits in trust companies and banks on
interest
60510 00
10
Total cash items
Agents balances
Agency advances
Furniture and fixtures
Deposit Commercial Bank and Trust Co
11
12 Total ledger assets
NonLedger Assets
13
14
15
21
23
25
28
29
Interest on mortgages
Interest on bonds
Interest on certificates of deposit
878 50
80 00
135 22
Total interest and rents due and accrued
Market value of bonds and stocks over book value
New Business Renewals
Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance
premiums
Deduct loading
3733 74
2109 56
1706 98
139 98
Net amount of uncollected
and deferred premiums 1624 18
1567 00
46021 81
195 00
147916 82
36500 00
150 00
2144 54
866610 25
93495 49
67 55
1133 52
3749 32
3799 70
227650 37
1093 72
3382 25
3191 18
35 Gross assets
235317 52
808 ComptbollebGenebals Hepobt
Deduct Assets Not Admitted
37 Supplies stationery printed matter fur
niture fixtures and safes 3 749 39
38 Agents debit balances gross 356 62
39 Cash advanced to or in the hands of offi
cers or agents 1 133 52
41 Premium notes and loans on policies and
net premiums in item 29 in excess of
the net value of their policies 1 488 54
43 Book value of ledger assets over market
value viz Deposit in Commercial
Bank Trust Co only 20 per cent
allowed 3039 76
Total
9767 76
46 Admitted assets J76
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
department on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on 734
67900 insurance issued 19111912 modi
fied preliminary term 11894 00
2 American Experience table at 3 per
cent on 17700000 twenty payment
life option issued 19111912 modified
preliminary term 4 177 00
4 Other tables and rates viz Actuaries
4 per cent tables all industrial business
written 19111912 by New York rule 3346 00
al 19417 00
b Deduct net value of risks of this company
reinsured in other solvent companies 146 00
7 Reserve to provide for health and acci
dent benefits contained in life policies 190 00
8 Net reserve paidfor business
22 Commissions due to agents on premium notes when paid 73 65
25 Salaries rents office expenses bills and accounts due
or accrued
21 31
26 Medical examiners fees Z
J O Ul
ComptrollerGenerals Report 809
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
of this statement 973 48
36 Reinsurance premium due 66 15
37 Reinsurance reserve accident and health department 1510 24
38 Salaries rents accounts and health and accident claims
pending 513 46
43 Total 2294429
44 Capital stock 201270 00
45 Unassigned funds surplus 335 47
46 Total 225549 76
Business in the State of Georgia During the Year
No Amount
18 Policies on the lives of citizens of said State
in force December 31 of previous year 33 59500 00
19 Total 33 59500 00
20 Deduct ceased to be in force during the year 4 8500 00
21 Policies in force December 31 29 51000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 596 25

THE TRAVELERS INSURANCE COMPANY OF HARTFORD CONN
SylvesteT C Dunham President James L Howard Secretary
Home Office No 700 Main Street Hartford Connecticut
James A Williamson Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 60636418 48
4 Extended at 60636418 48
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 5622996 for first
years rensurance 1327152 47810 CompteolleeGenebals Repoet
6 Surrender values applied to pay first
year s premiums 177 13
7 Total first years premiums on original
policies 1327329 60
8 Dividends applied to purchase paidup ad
ditions and annuities 20 338 00
9 Surrender values applied to purchase paid
up insurance and annuities 20 235 55
10 Consideration for original annuities in
volving life contingencies 165 870 92
11 Consideration for supplementary contracts
involving life contingencies 8 796 27
12 Total new premiums 1542570 34
13 Eenewal premiums without deduction for
commissions or other expenses less
19742478 for reinsurance on renewals 7013374 26
14 Dividends applied to pay renewal pre
miums 34920 58
16 Surrender values applied to pay renewal
premiums 305 CO
17 Eenewal premiums for deferred annuities 1 382 90
18 Total renewal premiums 7 O49 933 34
19 Total premium income 8592553 68
20 Consideration for supplementary contracts not involving
life contingencies 554400 61
23 Gross interest on mortgage loans less
996509 accrued interest on mortgages
acquired during 1912 1357522 88
25 Gross interest on bonds and dividends on
stocks less 2977426 accrued interest
on bonds acquired during 1912 1 179 477 99
26 Gross interest on premium notes policy
loans or liens 427796 79
27 Gross interest on deposits in trust com
panies and banks 37 Q03 32
28 Gross interest on other debts due the com
pany viz Interest on contracts for
sale of real estate 29050 miscella
neous 57463 total 865 13
31 Gross discount on claims paid in advance 360 89ComptrollerGenerals Report 811
32 Gross rent from companys property in
cluding 6573550 for companys occu
pancy of its own buildings 74409 13
33 Total gross interest and rents 307436 13
34 From other sources viz Profit and loss miscellaneous
previously charged off
40 From agents balances previously charged off 115 00
41 Gross profit on sale or maturity of ledger assets viz
Keal estate 365000 bonds 124900 stocks 32
40925 total 37308 25
42 Gross increase by adjustment in book value of ledger
assets viz Real estate 400000 bonds including
1528357 for accrual of discount total 42483 57
43 Total income 12308342 44
IIIDisbursements
1 For death claims less 5904900 reinsur
ance 257878851 additions 5
50400 total 2584292 51
2 For matured endowments less 2000000
reinsurance 905372 78
3 Net amount paid for losses and matured endowments 3489665 29
4 For annuities involving life contingencies 47343 23
410 For disability claims 1937 74
6 Surrender values paid in cash or applied in liquidation
of loans or notes 845012 98
7 Surrender values applied to pay new premiums 17713
to pay renewal premiums 30560 total 482 73
8 Surrender values applied to purchase paidup insurance
and annuities 20235 5S
10 Dividends applied to pay renewal premiums 34920 58
19 Dividends applied to purchase paidup additions and
20338 00
annuities
14 Total paid policyholders 4459936 10
15 Kxpense of investigation and settlement of policy claims
including 150723 for legal expenses 4183 96
16 Paid for claims on supplementary contracts not involving
life contingencies 402406 95
18 Paid stockholders for interest or dividends 250000 00
18 Discount on premiums paid in advance 1844 17
19 Commissions to agents less commission on reinsurance
First years premiums 54843944 renewal premiums
31772554 annuities original 486134 renewal
6340 total 871089 72

812 ComptrollerGenerals Eeport
20 Commuted renewal commissions 4 279 00
22 Agency supervision and traveling expenses of supervisors
except compensation for home office supervision 50151 80
23 Branch office expenses including salaries of managers
and clerk not included in item 21 234 028 49
24 Medical examiners fees 8068175 inspection of risks
2215164 total 102 833 39
25 Salaries and all other compensation of officers directors
trustees and home office employees 221 6 12
26 Bent including 2092872 for companys occupancy of
its own buildings 100 157 41
27 Advertising 3143200 printing and stationery 26
44401 postage telegraph telephone and express
4250999 exchange 117344 total 101559 44
28 Legal expense not included in item 15 1M3 90
29 Furniture fixtures and safes 13526 33
30 Bepairs and expenses other than taxes on real estate 49737 12
31 Taxes on real estate 24647 93
66 btate taxes on premiums 111 440 Q
33 Insurance department licenses and fees 10081 60
34 All other licenses fees and taxes viz Federal cor
poration tax 2862318 State county and municipal
licenses and fees 424516 State county and munici
pal taxes 93314 tax on participating reserve 8
13014 Mexican stamp tax 1490 tax on capital
stock 7196317 total 113 909 69
38 Other disbursements viz Heat light and miscellaneous
expense 1229189 newspapers periodicals and books
168802 miscellaneous expense 797546 mortgage
loan expense 3850998 traveling expense of home
office employees 995089 total 70 416 24
45 Agents balances charged off g6
45 Profit and loss outstanding drafts previously credited 9 80
46 Gross loss on sale or maturity of ledger assets viz
Bonds
1673 00
47 xross decrease by adjustment in book value of ledger
assets viz Beal estate 5991438 bonds including
4095008 for amortization of premium 9505383
total
154968 21
48 Total disbursements I r 0
7356577 68
TVLedger Assets
Home office real estate imhm
t l61o000 00
1 Book value of real estate 22 550 00
2 Mortgage loans on real estate first liens 2587965 16
4 Loans made to policyholders on this companys policies
assigned as collateral
80 4lo9 42ComptrollerGenerals Report
813
6 Book value of bonds 2624432000 and stocks 1708
36483 total 7000 00
7 Cash in companys ofeice
9 Deposits in trust companies and banks on mterest 1437123
65588183 24
12 Total ledger assets
NonLedger Assets
13 Interest due 966227 and accrued 486
03207 on mortgages
14 Interest due 3788750 and accrued
40306114 on bonds
495694 34
440948 64
21 Total interest and rents due and accrued 36642 98
23 Market value of bonds and stocks over book value 54ob7Z
New Business Renewals
25 Gross premiums due and
unreported on policies
in force December 31
1912 less reinsurance cn on R
n i 341 10 5o9789 63
premiums
26 Gross deferred premiums
on policies in force De
cember 31 1912 less
reinsurance premiums 110118 40 619643 39
27 Totals 122459 50 1179 433 02
28 Deduct loading 20083 36 117943 30
29 Net amount of uncollected
and deferred premiums 102376 14 1061489 h
35 Gross assets
68234364 25
Deduct Assets Not Admitted
42 Overdue and accrued interest on bonds
36875 00
in default
46 Admitted assets
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
68197489 25

814 ComptrollerGenerals Report
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 this reserve 0Q
bame for reversionary additions 18 7S0 00
3 American Experience table at 3 per
cent on all policies not included in sec
k xr n 1 52937979 00
5 Net present value of annuities including
those in reduction of premiums viz
Emory McClintocks tables of mortality
among annuitants with 3 per cent
interest
o67765 00
Total
R t 58258849 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 1095951 00
7 Reserve to provide for health and accident
benefits contained in life policies 43627 00
8 Net reserve
9 Present value of v
contracts not involving life contingencies computed
by the company
10 Liability on policies canceled and oi included in nei 396954 0
reserve upon which a surrender value may be de
manded
12 Claims for death losses in process of ad 37294 15
p r adJlSted aDd DOt due 31311 87
Id Claims for death losses incurred for which
no proofs have been received 164 35 71
14 Claims for matured endowments due and
unpaid
15 Claims for death losses and other claims
resisted by the company 9Q00 0Q
17 Total policy claims
IS Due and unpaid on supplementary contacts not inVol 2649 58
ing life contingencies
20 r7jppdd in adV8nce ina a 4500
21 Unearned interest and rent paidta advance W 2
23 Commissions to agents due or accrued 39
25 Salaries rents office expenses bills andaccountsdue
or accrued
40690 00ComptrollerGenerals Report 815
26 Medical examiners fees 856900 and legal fees
51100 due or accrued total 9
27 Estimated amount hereafter payable for federal State
and other taxes based upon the business of the year
j 245547 00
of this statement
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
4870 40
ferred premiums
3 Dividends declared on or apportioned to annual dividend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal premiums
5o136 47
or otherwise
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
n 156ol5 00
item 66
35 Reserve special or surplus funds not included above
Additional for pro rata paid up values 500000 ad
ditional for deferred reversionary and miscellaneous
annuity contracts 1500000 special contingency re
serve 5000000 total
45 ITnassigned funds surplus Q8iu
68197489 25
46 Total
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 1564 4920953 00
18 Policies on the lives of citizens of said State
issued during the year 213966 00
19 Total 1640 5134919 00
20 Deduct ceased to be in force during the year 75 otfiutf
21 Policies in force December 31 1565 4875810 00
22 Losses and claims unpaid December 31 of pre
3411 bo
vious yeaT
23 Losses and claims incurred during year 20 ll4bd
20 122875 41
24 Total
25 Losses and claims settled during the year m
cash 76 34
Saved by adjustment
26 Losses and claims unpaid December 31 w
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
cieuiLs vvai j 147 411 39
commisions ot other expenses 816 ComptbollebGenebals Eepokt
UNION CENTRAL LIFE INSURANCE COMPANY OF OHIO
Jesse B Clark President George L Williams Secretary
Principal Office 353 West 4th Street Cincinnati Ohio
Thomas H Daniel Atlanta Attorney for Service in Georgia
LCapital Stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 83763884 69
4 Extended at37 83763884 60
IIIncome
5 First fear s premiums on original policies
without deduction for commissions or
other expenses less 875713 for first
years rensurance 1595768 14
6 Surrender values applied to pay first
year a premiums 954 15
7 Total first years premiums on original
Plieies 1596722 29
8 Dividends applied to purchase paidup ad
ditions and annuities 371 573 gg
9 Surrender values applied to purchase paid
up insurance and annuities 44 577 44
10 Consideration for original annuities in
volving life contingencies 4 500 00
12 Total new premiums zm m 2
15 rienewal premiums without deduction for
commissions or other expenses less
16177935 for reinsurance on renewals 8 427 210 39
14 Dividends applied to pay renewal pre
miums 1310954 09
16 Surrender values applied to pay renewal
rremhms 106011 06

18 Total renewal premiums 984M7g
2 Ttare come 11861648 83
0 Consideration for supplementary contracts not involving
life contingencies 51 328 91
21 Dividends left with the company to accumulate at in
terest
150 06ComptkollerGeneraes Keport
817
23 Gross interest on mortgage loans less
91401832 accrued interest on mort
gages acquired during 1912 4356657 34
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
28 Gross interest on other debts due the com
500 00
890953 13
23192 39
pany
31 Gross discount on claims paid in advance
32 Gross rent from companys property in
cluding 1160000 for companys occu
pancy of its own buildings
1273 11
1527 86
22289 76
33 Total gross interest and rents
34 From other sources viz Gross profit from compromise
and adjustment of mortgage loans
40 From agents balances previously charged off
4l Gross profit on sale or maturity of ledger assets viz
Eeal estate
43 Total income
5296393 59
67137 29
5814 59
7129 03
17289602 30
IIIDisbursements
1 For death claims less 8950000 reinsur
ance 292153715 additions 40
21825 total 2961755 40
2 For matured endowments 226653929
additions 3152414 total 2298063 43
3 Net amount paid for losses and matured endowments
4 Fot annuities involving life contingencies
5 Premium notes and liens voided by lapse less 1683155
restorations
6 Surrender values paid in cash or applied in liquidation
of loans or notes
7 Surrender values applied to pay new premiums 95415
to pay renewal premiums 10601106 total
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay renewal premiums
12 Dividends applied to purchase paidup additions and
annuities
5259818 83
22487 42
93908 94
1258235 50
106965 21
44577 44
142578 42
1310954 09
371673 56
818 ComptrollerGenerals Eeport
13 Dividends left with the company to accumulate at
interest
150 06
14 Total paid policyholders 8 611 349 47
15 Expense of investigation and settlement of policy claims 734 14
lb Paid for claims on supplementary contracts not involving
life contingencies
18 Paid stockholders for interest or dividends 50 000 00
19 Comnnssions to agents less commission on reinsurance
First years premiums 64932534 renewal premiums
6440019 annuities original 16500 total 1294245 53
20 Commuted renewal commissions 0 lr Z
22 Agency supervision and traveling expenses ofsupervisors
9 1 XuePl eomPeilsatio11 fr home office supervision 36 938 43
23 Branch office expenses including salaries of managers
and clerks not included in item 21 48lr
24 Medical examiners fees 7522500 inspectionofrisks
548755 total
25 Salaries and all other compensation of officers directors
trustees and home office employees Q7 no 0
26 Rent including 1160000 for companys occupancyof
its own buildings
27 Advertising 2782454 printing and stationery 28 9
Srtartteegraphteiephone ana
2259685 exchange 425 total 0 M
28 Legal expense not included in item 15 l
29 Furniture fixtures and safes
30 Repairs and expenses other than taxesj on real estaie Ifsl 79
31 Taxes on real estate
32 State taxes on premiums 11 41
33 Insurance department licenses and fees llll 91
34 All other licenses fees and taxes Z FedeVal cor
uTzso s360 Hamiton ohioiocai
38 Other disbursements viz aeneraiexpensehome Vffi
Jbo719 traveling expense home office 14 307 30
mortgage loan expense expense of making new in
vestments 29838052 mortgage expense expense
ot maintaining mortgage investments 7opo08
profit and loss gross loss on mortgage loans 58b
45 Agents balances charged off 46803 01
46 Gross loss on sale or maturity ofledgerassetsvz
Real estate
2104 71
48 Total disbursements
11510155 31ComptbolleeGeneeals Repoet
819
IVLedger Assets
1 Book value of real estatei
2 Mortgage loans on real estate first liens
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force of which 44685528
is for first years premiums
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
1773547 10
70694166 13
14075084 11
2198762 27
25000 00
4742 19
10262 15
761767 73
12 Total ledger assets
NonLedger Assets
13 Interest due 6430759 and accrued 2
52140386 on mortgages 2585711 45
14 Interest accrued on bonds
16 Interest due and accrued on premium
notes policy loans or liens
20 Rents due and accrued on companys prop
erty or lease
125 00
557801 18
850 00
21 Total interest and rents due and accrued
23 Market value of bonds and stocks over book value
25 Gross premiums due and unreported on
policies in force December 31 1912
less reinsurance premiums 567619 56
26 Gross deferred premiums on policies in
force December 31 1912 less reinsur
ance premiums 110907 02
3144487 63
328 13
27 Totals
28 Deduct loading
678526 58
135705 32
29 Net amount of uncolleeted and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
43 Book value of ledger assets over market
542821 26
93230968 70
value viz Real estate
Total
177354 71
177354 71
46 Admitted assets
93053613 99820 ComptrollerGenerals Report
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of
December 1912 as computed by the
company on the following tables of
mortality and rates of interest viz
1 Actuaries table at 4 per cent on issues
of 1900 and prior years 36562005 00
2 American Experience table 3 per cent
on issues of 1901 and subsequent years 36102815 00
Same for reversionary additions 1971538 00
5 Net present value of annuities including
those in reduction of premiums
Actuaries 4 per cent issues of 1900 and
prior years 85825 00
McClintocks 3 per cent issues of 1901
and subsequent years 108954 00
Total 74831137 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 594040 00
8 Net reserve 74037097 00
9 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 913233 00
12 Claims for death losses in process of ad
justment or adjusted and not due 16575 30
13 Claims for death losses incurred Ior which
no proofs have been received 127159 30
14 Claims for matured endowments due and
unpaid 1194359
15 Claims for death losses and other policy
claims resisted by the company 13000 00
17 Total policy claims 168678 19
19 Dividends left with the company to accumulate at in
terest and accrued interest thereon 931 S7
20 Premiums paid in advance including surrender values so
T applied 9297145
21 Unearned interest and rent paid in advance 85774 97
22 Commissions due to agents on premium notes when paid 295879 59
24 Cost of collection on uncollected and deferred prem
iums in excess of the loading thereon 3 533 03
25 Salaries rents office expenses bills and accounts due or
accrued 5 261 28
26 Medical examiners fees 8g0g 0QComptrollerGenerals Report 821
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 1a
39 Dividends declared on or apportioned to annual dividend
policies payable to polieyholders during 1913 whether
contingent upon the payment of renewal premiums or
otherwise
33 Dividends declared on or apportioned to deferred divi
dend policies payable to polieyholders during 1913 9o8iu
34 Amounts set apart apportioned previsionally ascertained
calculated declared or held awaiting apportionment
upon deferred dividend policies not included in
item 33
35 Reserve special or surplus fds not mc uded above
Deports for abstracts temporarily loaned f5f
interest received on loans contracted for 1913 0
967 75 principal payments received on account of loans
contracted for 1913 86000 commissions received by
company on loans contracted for 1913 111300 11285 To
40 Due upon individual accounts 248941 84
41 Surplus derived from nonparticipatmg policies W
44 Capital stock
TT a fsnrnlnsl derived from participating
45 Unassigned funds surplus uenvcu 2 348 602 94
policies
93053613 99
46 Total
Business in The State of Georgia During The Year
No Amount
17 Policies on the lives of citizens of said state
in force Dec 31 of previous year boy
18 Policies on the lives of citizens of said state
issued during the year J
7994 16577170 00
19 Total Qfi8 inr Afi
20 Deduct ceased to be in force during the year 515 9680o
10 91 7479 15608665 00
21 Policies in force December 31
22 Losses and claims unpaid December 31 of pre
vious year a S q
23 Losses and claims incurred during the year42 8o6b8 W
43 86668 69
24 Total 822
ComptrollerGenerals Beport
25 Losses and claims settled during the year in
cash 7876800 by compromise 290069 41 81668 69
26 Losses and claims unpaid Dec 31 2 5000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 421109 39
UNITED STATES ANNUITY AND LIFE INSURANCE COMPANY OF
CHICAGO ILLINOIS
Henry A Salzer Preident Wm T Smith Secretary
Hon Wm 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
3 Increase of capital during the year
Surplus on stock sold
4 Extended at
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 51623 for first
years rensurance
8 Dividends applied to purchase paidup ad
ditions and annuities
9 Surrender values applied to purchase paid
up insurance and annuities
729120 17
6100 00
4189 60
739409 77
121439 19
15 29
1605 48
12 Total new premiums
13 Renewal premiums without deduction for
commissions or other expenses less 6
72031 for reinsurance or renewals 211508 76
14 Dividends applied to pay renewal prem
iums 18592 13
123059 96
18 Total renewal premiums 230 100 89
19 Total premium income 353 jgg 85
21 Dividends left with the company to accumulate at in
terest 1166 3GComptbollebGenebals Report 823
23 Gross interest on mortgage loans loss
215 55 accrued interest on mortgages
acquired during 1912 1A
25 Gross interest on bonds and dividends on
stocks less 29361 accrued interet on
bonds acquired during 1912 IS283 89
26 Gross interest on premium notes policy
3lo 01
loans or liens
27 Gross interest on deposits in trust com
3 oo2 40
panies and banks
28 Gross interest on other debts due the com
pany
38973 75
33 Total gross interest and rents
393300 96
43 Total income
IIIDisbursements
1 For death claims less 400000 reinsur
ance 4221000 additions 167200 43882 00
3 Net amount paid for losses and matured endowments 43882 00
5 Premium notes and liens voided by lapse
6 Surrender values paid in cash or applied in liquidation ot
loans or notes
8 Surrender values applied to purchase paidup insurance
and annuities 5g2 13
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 ui
terest
76371 83
14 Total paid pohcyholders
15 Expense of investigation and settlement of pokey claims
including 10647 for legal expenses
17 Dividends and interest thereon held on deposit surren
dered during the year
18 Paid stockholders for interest or dividends
19 Commissions to agents less commission on reinsurance
First years premiums 5155273 renewal premiums gg 1Q
3728537 total V
24 Medical examiners fees 1534150 inspectian of risks
325400 total
25 Salaries and all other compensation of officers directors
trustees and home office employees4 soo
26 Pent 824
CompteollebGeneeals Repoet
27 Advertising 115700 printing and stationery 132926
postage telegraph telephone and express 116171
exchange 3842
28 Legal expense not included in item 15
29 Furniture fixtures and safes
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Federal corporation
tax 49173 municipal 44099 personal tax 111
56701 total
38 Other disbursements Miscellaneous expense
42 Investment Expense
48 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
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds 70482 30 and stocks 10067500
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
12
13
14
17
18
21
23
25
26
27
28
29
35
Total ledger assets
NonLedger Assets
Interest due 8245000 and accrued 6
71624 on mortgages
Interest accrued 147855 on bonds
Interest accrued on other assets viz
Deposits in banks on interest
7540 74
1478 55
284 44
Total interest and rents due and accrued
Market value of bonds and stocks over book value
Gross premiums due and unreported on
policies in force Dec 31 1912 20607 03
Gross deferred premiums on policies in
force Dec 311912 12378 41
Total
Deduct loading
32985 44
6744 73
Net amount of uncollected and deferred premiums
Gross assets
3636 39
150 00
808 50
5017 17
3713 52
1499 73
1271 82
1695 99
246790 76
25000 00
306505 00
300000 00
52430 49
9223 12
171157 30
1603 49
24524 04
55598 24
946041 68
9303 73
10000 00
26240 71
991586 12ComptrollebGeneeals Report 825
Deduct Assets Not Admitted
41 Premium notes and loans on pohcies and net premiums in
item 29 in excess of the net value of their policies 11
990460 56
46 Admitted assets
VLiabilities Surplus and other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the 111 Ins Supt
on the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on policies
issued during 1906 and 1907 156106 00
2 American experience table at 3 per cent
on policies issued after Jan 1 1908 39888 00
554894 00
Total
6 Deduct net value of risks of this company reinsured in
other solvent companies
550877 00
8 Net reserve
19DividendS left with the company to accumulate at in
terest and accrued interest thereon
20 Premiums paid in advance including surrender values so
applied 1 325 41
21 Unearned interest and rent paid m advance
22 Commissions due to agents on premium notes when paid
25 Salaries rents office expenses bills and accounts due or
26 MedlTelaminers fees 100500 and legal fees 35530
due or accrued
27 Estimated amount hereafter payable for
and other taxes based upon the business of the J ear
of this statement
31 Dividends or other profits due policyholders mcludmg
those contingent on payment of outstanding and de
ferred premiums
32 Dividends declared on or apportioned to annual dWend
policies payable to policyholders during 1913 whether
contingent upon the payment of renewal Ps or m 53
other wise
34 Amounts set apart apportioned provisionally ascertained
calculated declared or held awaiting apportionment
npon deferred dividend policies not included in
item 33 826 ComptrollerGenerals Keport
35 Reserve special or surplus funds not included above
Excess cash held at interest on policies under extd Ins 154 00
41 General agency credit balance finio
44 Capital stock 60121 71
300000 00
45 Unassigned funds surplus n 2Q0 Qg
Business in The State of Georgia During The Year
i No Amount
1 Policies on the lives of citizens of said state
in force Dec 31 of previous year 204 562545 50
IS Policies on the hves of citizens of said state
issued during the year 253 5Q
19 Total
9n r x 4o9 950341 00
20 Deduct ceased to oe in force during the year 135 461797 00
21 Policies in force Dec 31 488
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 13 16 27
THE VOLUNTEER STATE LIFE INSURANCE COMPANY OF
CHATTANOOGA TENNESSEE
Z C Patten President
W C Stacy Secretary
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1110844 95
4 Extended at A
1210844 95
IIIncome
5 First years premiums on original policies
without deduction for commissions or
other expenses less 185869 for first
years reinsurance 1171
o tv lllo3 24
8 Dividends applied to purchase paidup ad
ditions and annuities 322 53ComptrollerGenerals Report 827
9 Surrender values applied to purchase paid
up insurance and annuities
117878 77
12 Total new premiums
13 Eenewal premiums without deduction for
commissions or other expenses less 9
55404 for reinsurance on renewals 435933 16
14 Dividends applied to pay renewal prem
iums
445139 58
18 Total renewal premiums
563018 35
19 Total premium income
20 Consideration for supplementary contracts not involving
life contingencies
23 Gross interest on mortgage loans less 2
415 55 accrued interest on mortgages
acquired during 1912 222
24 Gross interest on collateral loans o uu
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
28 Gross interest on other debts due the com
pany Interest miscellaneous
30 Commissions on mortgage loans
35 Worthless notes previously written off h
36 Premiums paid in advance increase
37 Premium reduction coupons unpaid in
crease 52 29
38 Mortgage loan expense credit
40 From agents balances previously charged
off
41 Gross profit on sale or maturity of ledger
assets viz Bonds
42 Gross increase by adjustment in book
value of ledger assets viz Bonds BBSS ou
642757 82
43 Total income
HIDisbursements
1 For death claims 101760
3 Net amount paid for losses and matured endowments 101760 00
4 For annuities involving life contingencies828
ComptrollerGenerals Report
5 Premium notes and liens voided by lapse
6 Surrender values paid in cash or applied in liquidation of
loans or notes
8 Surrender values applied to purchase paidup insurance
and annuities
9 Dividends paid to polieyholders in cash or applied in
liquidation of loans or notes
10 Dividends applied to pay premiums
12 Dividends applied to purchase paidup additions and an
nuities
14 Total paid polieyholders
15 Expense of investigation and settlement of policy claims
16 Paid for claims on supplementary contracts not involving
life contingencies
19 Commissions to agents less commission on reinsurance
First years premiums 7036965 renewal premiums
2310850 total
20 Commuted renewal commissions
21 Compensation of managers and agents not paid by com
mission for services in obtaining new inurance
22 Agency supervision and traveling expenses of supervisiors
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 1219553 inspection of risks
239430 total
25 Salaries and all other compensation of officers directors
trustees and home office employees
26 Eent
27 Advertising 499032 printing and stationery 432782
postage telegraph telephone and express 319987
exchange 7829
28 Legal expense not included in item 15
29 Furniture fixtures and safes
30 Repairs and expenses other than taxes on real estate
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Taxes on assets 3
92740 licenses cities etc 62474 total
38 Other diburements Traveling expense 62375 prem
reduction coupons paid 826515 incd expense home
office 132706 lights 9406 office supplies home
office 39099 actuary 106320 legislative expjense
14216 dept examination 33500 premiums pending
decrease 54700 sundry items 136370 total
6002 59
40532 77
403 00
2353 75
9206 35
322 53
161345 97
1118 25
1000 00
93478 15
17650 72
6444 28
10836 02
3659 77
14589 83
31775 06
2415 00
12596 30
169 12
649 17
50 05
3584 64
1307 50
4552 14
14152 07
48 Total disbursements 3si 374 04CompteollebGenebals Repoet
IVLedger Assets
2 Mortgage loans on real estate
Other than first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds
7 Cash in companys office
8 Deposits in trust companies and banks not on interest
9 Deposits in trust companies and banks on interest
10 Bill receivable 218225 agents balances 86717
credit 137383 net 50666 due agts
829
769535 00
2000 00
52500 00
236864 03
23300 36
198840 98
7295 92
16801 66
63415 19
1675 59
12 Total ledger assets
NonLedger Assets
13
14
15
16
21
25
26
27
28
Interest due 19250 and accrued 17
57181 on mortgages i
Interest accrued on bonds
Interest accrued on collateral loans
Interest accrued on premium notes policy
loans or liens
Total
Deduct loading
17764 31
312 86
815 83
451 99
Total interest and rents due and accrued
Gross premiums due and unreported on
policies in force Dec 31 1912 41037 11
Gross deferred premiums on policies in
force Dec 31 1912 15A96 25
56233 36
6787 32
Net amount of uncollected and deferred premiums
29
35 Gross assets
19344 99
49446 04
1441019 76
Deduct Assets Not Admitted
38 Agents debit balances gross
40 Bills receivable
867 17
2182 25
45 Total
41
3049 42
Admitted assets 1437970 34
830 ComptrollerGenerals Report
VLiabilities Surplus and other Funds
Net present value of all the outstanding
policies in force on the 31 day of Dec
1912 as computed by the Company on
the following tables of mortality and
rates of interest viz
1 Actuaries table at 4 per cent on prior to j
April 1st 1912 120826700
2 American Experience table at 3M per cent
since April 1st 1912 14553 00
5 Net present value of annuities including
those in reduction of premiums 1122 00
Total 1223942 00
6 Deduct net value of risks of this company
reinsured in other solvent companies 7502 00
1216440 00
8 Tv et reserve
9 Present value of amount not yet due on supplementary
contracts not involving life contingencies 99 90
13 Claims for death losses incurred for which
no proofs have been received 2000 00
15 Claims for death losses and other policy
claims resisted by the company 5000 00
7000 00
17 Total policy claims
20 Premiums paid in advance including surrender values so
applied q
21 Unearned interest and rent paid in advance wu
22 Commissions due to agents on premium notes when paid lboO
25 Salaries rents office expenses bills and accounts due or
accrued 950 00
26 Medical examiners fees
27 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
3500 00
of this statement
31 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
f erred premiums
35 Reserve special or surplus funds not included above
Premium reduction coupons unpaid
ll8o5 40
40 Trust Eunds
58 So
41 Premiums pending 100000 00
44 Capital stock
45 Unassigned funds surplus 778o0 16
46 Total 1437970 34ComptrollerGenerals Report 831
Business in The State of Georgia During The Year
No Amount
17 Policies on the lives of citizens of said state
in force Dec 31 of previous year 1254 2099594 00
18 Policies on the lives of citizens of said state
issued during the year 410 769114 00
19 Total 1664 2868708 00
20 Deduct ceased to be in force during the year 330 546954 00
21 Policies in force Dec 31 1334 2321754 00
22 Losses and claims unpaid December 31 of pre
vious year 3 12000 00
23 Losses and claims incurred during year 10 13568 00
24 Total i 13 95568 00
25 Losses and claims settled during the year in
cash 12 24568 00
26 Losses and claims unpaid Dec 31 1 1000 00
27 Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 70 559 77ASSESSMENT COMPANIES
LIFE
AMERICAN INSURANCE COMPANY OF SAVANNAH GEORGIA
N T Counts President J S Dukes Secretary
Principal Office 115 Park Ave West Savannah 6a
Gordon Saussy Attorney for Service in Georgia
IBalance Sheet
Balance from previous year deficit 7515 96
IIIncome
1 Membership fees actually received 3266 62
5 Other payments by applicants and members viz An
nual dues payable weekly 43443 96
9 Total received from applicants and members 46710 58
13 Gross interest on bonds and dividends on stocks 175 00
15 Gross interest on deposits in trust companies and banks 29 89
19 From all other sources viz Sale of 316 guaranty fund
certificates at 10000 each 31600 00
29 Total income 78335 73
IIIDisbursements
1 Death claims 3293 15
3 Sick and accident claims 19251 83
10 Total payments to members 22544 98
13 Salaries of managers or agents not paid by commissions 28821 47
14 Salaries of officers and trustees 2928 34
17 Salaries of office employees 1321 34
19 Salaries and fees paid to medical examiners 63 50
20 Traveling and other expenses of officers trustees and
committees 300 00
21 Traveling and other expenses of managers and agents 589 96
22 Collection and remittance of fees dues assessments and
premiums 35 09
23 Insurance department fees and licenses 126 25
28 Other taxes viz State county and city taxes on real
estate 135 91ComptrollerGenerals Keport
833
31 Rent
32 Advertising printing and stationery
33 Postage express telegraph and telephone
34 Legal expense in litigating claims
35 Other legal expenses
37 Furniture and fixtures
38 Borrowed money interest on 230000 mortgage
39 All other disbursements viz Premium on fidelity bond
1050 auditing Atlanta office 1500 entertainment
etc 13705 office expenses 68799 total
44 Agents balances charged off
47 Total disbursements
226 00
1529 07
163 68
53 90
225 00
920 20
161 60
850 54
8 06
61004 89
IVLedger Assets
1 Book value of real estate less 230000 mortgage
4 Book value of bonds
6 Deposited in trust companies and banks not on interest
7 Cash in associations office
10 Other ledger assets viz Furniture and office equip
ment 12550 deposited with Georgia Railway
Power Co Atlanta to secure light contract 1000
total
13 Total ledger assets
NonLedger Assets
15 Interest accrued on bonds 43 75
19 Total interest and rents due and accrued
24 All other assets viz Weekly premiums due and un
paid on policies in force less estimated cost of col
lection 32 per cent
30 Gross assets
40 Total admitted assets
2700 00
4700 00
2182 72
126 66
135 50
9844 88
43 75
671 69
10560 32
10560 32
VLiabilities
2 Death claims adjusted not yet due 4 58 75
due 125 373 02
6 Total death claims
58 75834 ComptbolleeGeneeals Eepoet
13 Sick and accident claims adjusted not yet
due 125 373 02
17 Aid age and other benefits due and unpaid 373 02
18 Total unpaid claims 431 77
21 Xaxes due or accrued 62 75
23 Advance premiums or assessments include all payments
made by applicants rejected or not yet accepted as
members 32 45
24 All other liabilities viz Accrued interest on 230000
mortgage 2349 reserve as per act of August 16
1909 370405 surplus 630581 total 10033 35
30 Total liabilities 10560 32
VIIExhibit of Policies or Certificates
1 Policies or certificates in force December 31
1911 as per last statement 4597
2 Policies or certificates written during the year 23348
4 Totals 27945
5 Deduct terminated or decreased during the year 17431
6 Total benefit certificates in force December 31
1912 10511
7 Policies or certificates terminated by death dur
ing the year 139
8 Policies or certificates trminated by lapse during
the year 17292
VIIIExhibit of Death Claims
Claims paid during the year 139 3293 15
XExhibit of Sick and Accident Claims
Claims unpaid December 31 1911 as per last
statement 10 30 50
Claims paid during the year 6027 19251 83
Claims unpaid December 31 1912 125 373 02ComptrollerGeneral s Report 835
amebican life annuity company of georgia
atlanta ga
J Pope Brown President N G Parker Secretary
Home Office 300 Forsyth Bldg Atlanta Ga
Wm A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 97187 75
4 Extended at 97187 75
IIIncome
7 Total first years premiums on original
policies 56340 85
12 Total new premiums 56340 85
18 Total renewal premiums 7339 70
19 Total premium income 63680 55
20 Consideration for supplementary contracts not involv
ing life contingencies 3000 00
23 Gross interest on mortgage loans less
2378 accrued interest on mortgages
acquired during 1912 2 32
25 Gross interest on bonds and dividends on
stocks 2022 32
26 Gross interest on premium notes policy
loans or liens 13 69
33 Total gross interest and rents 2038 33
34 From other sources viz Suspense 18000 certificate
account 30982500 borrowed money 5370465
total 363709 65
40 From agents balances previously charged off profit
and loss 1892 66
43 Total income 434321 19
IIIDisbursements
3 Net amount paid for losses and matured endowments 5500 00
9 Dividends paid to policyholders in cash or applied in
liquidation of loans or notes 951 54836 CompteollehGenekals Repokt
16 Paid for claims on supplementary contracts not involv
ing life contingencies 2 00
18 Paid for interest or dividends 340o6
19 Commissions to agents less commission on reinsurance
First years premiums 4886661 renewal premiums
802898 total 56895 9
22 Agency supervision and traveling expenses of supervisors
except for home office supervision 27C51 59
1 833 96
23 General expense
24 Medical examiners fees 346025 inspection of risks
31800 total 3778 2o
25 Salaries and all other compensation of officers directors
trustees and home office employees 16529 94
25y2 Traveling expenses 3430 82
26 Rent received under sublease aboU
x i 833 66
26 Aetunal fees
27 Advertising 374312 printing and stationery 2
74920 postage telegraph telephone and express 1
52451 exchange 185293 total 9 869 76
28 Legal expense not included in item 15 181 0
29 Furniture fixtures and safes 58
568 40
32 State taxes on premiums
33 Insurance department licenses and fees
34 All other licenses fees and taxes Municipal
30 90 00
37 Managers of agents
38 Other disbursements Com on Certificates 102009 53
10976 56
45 Agents balances charged off profit and loss 3878 39
48 Total disbursements 810
IVLedger Assets
2 Mortgage loans on real estate 41020 00
5 Premium notes on policies in force of which 5926 is
for first years premiums 1763 23
6 Book value of bonds 119414 77
7 Cash in companys office 1947
8 Deposits in trust companies and banks not on interest 16 24
9 Deposits in trust companies and banks on interest 11025 00
10 Bills receivable 5185431 agents balances debit
1417446 credit 434638 net 982808 61682 39
11 Personal bals dr 459080 cr 132297 3267 83
12 Total ledger assets 240136 96ComptrollerGenerals Report
NonLedger Assets
13 Interest accrued on mortgages
14 Interest accrued on bonds
1162 18
2758 70
21 Total interest and rents due and accrued
25 Gross premiums due and unreported on
policies in force December 31 1912 less
reinsurance premiums 2991 91
28 Deduct loading 448 79
29 Net amount of uncollected and deferred premiums
35 Gross assets
Deduct Assets Not Admitted
38 Agents debit balances gross 14174 46
40 Loans on personal security endorsed or
not 459080 bills receivable 51
85431 total 56445 11
45 Total
46 Admitted assets
837
3920 88
2543 12
246600 96
70619 57
175981 39
VLiabilities Surplus and Other Funds
Net present value of all the outstanding
policies in force on the 31st day of Dec
1912 as computed on the following
tables of mortality and rates of interest
viz
American Experience table at 3 per
cent 14329 00
8 Net reserve
9 Present value of amount not yet due on supplementary
contracts not involving life contingencies
12 Claims for death losses in process of ad
justment or adjusted and not due 2000 00
17 Total policy claims
25 Office expenses bills and accounts due or accrued
29 Borrowed money and interest thereon
30 Unpaidinterest accrued on certificates
14329 00
8300 00
2000 00
2524 00
55910 25
13487 87838 ComptrollerGenerals Eeport
37 Suspense item paid for agent on premium already set
tled agents address unknown 180 00
39 All other liabilities Current bills see 25
43 Total 96731 12
45 Unassigned funds surplus 79250 27
46 Total 175981 39
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 139 441500 00
18 Policies on the lives of citizens of said state
issued during the year 39 1543500 00
19 Total 530 1985000 00
20 Deduct ceased to be in force during the year 54 179500 00
21 Policies in force December 31 476 1805500 00
23 Losses and claims incurred during year 3 7500 00
25 Losses and claims settled during the year 2 5500 00
26 Losses and claims unpaid December 31 1 2000 00
27 Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 636 55
ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA
A F Herndon President T K Gibson Secretary
Home Office 202 Auburn Ave Atlanta Ga
Hon W A Wright Attorney for Service in Georgia
IBalance From Previous Year
4 Assets 11451 73
5 Errors 3440 50
7 Total 14892 23
ITIncome
1 Membership fees actually received 4562 77
3 Subsequent years assessments or premiums lsi7H 24
9 Total received from applicants and mem
bers 188312 dlComptrollerGenerals Eeport
839
10 Deduct payments returned to applicants
and members
346 09
11 Xet amount received from applicants and members
13 Gross interest on bonds and dividends on stocks
19 From other sources
20 Advances by officers
21 Agents cash bonds deposits
22 Income certificates
23 Miscellaneous income
187965 92
650 00
701 24
848 52
3000 00
3149 11
29 Total income 19631482 00
IHDisbursements
1 Death claims
2 Permanent disability claims
12310 95
69508 85
10 Total payments to members
12 Commissions and fees paid to agents on account of sub
sequent years fees due assessments or premiums
13 Salaries of manager or agent not paid by commissions
14 Salaries of officers and trustees
17 Salaries of officers employees
21 Traveling and other expesses of managers and agents
23 Insurance department fees and licenses
24 Other licenses and fees
27 Taxes on assessments or premiums
28 Other taxes
31 Rent
32 Advertising printing and stationery
33 Postage express telegraph and telephone
35 Other legal expenses
37 Furniture and fixtures
38 Interest on income certificates
39 All other disbursements
40 Purchase of bonds
41 Advance to agents
42 Alabama reorganization
43 Miscellaneous exp
14 ash bonds returned
47 Total disbursements
81819 80
66977 71
12877 47
6785 00
4260 10
3623 77
62 75
1682 94
439 86
21 00
2863 76
2500 36
1254 14
451 61
102 00
320 00
3101 24
194 76
4283 77
4878 06
360 53
198811 23
IVLedger Assets
4 Book value of bonds
13939 6012395 82
840 CompteollerGeneeals Eeport
10 Net bank overdraft 23 42
11 Agents cash deposits 1520 36
12 Total i543 78
13 Total ledger assets
NonLedger Assets
15 Interest on bonds 208 75
25 Premiums due and unpaid 492665 less
estimated ceat collection 133020 3596 45
29 Total 3865 20
30 Gross assets 16261 02
Deduct Assets Not Admitted
34 Book value of bonds and stocks over
market value 939 60
40 Total admitted assets
VLiabilities
2 Death claims adjusted not yet due No 10 23750
6 Total death claims
13 Sick and accident claims adjusted not yet
due No 645 1280 75
16 Total sick and accident claims
18 Total unpaid claims
19 Salaries rents expenses bills and accounts due or
accrued
21 Taxes due or accrued
22 Interest due or accrued on income certificate
25 Unpaid bills 31 29
26 Agents credit balances 1013 56
27 Notes payable Alamaba Reorganization 247 31
28 Advances by officers 1551 24
29 Reserve required at 150 7788 79
Total 10632 19
30 Total liabilities 14208 79
Surplus above all legal requirements 1112 63
Grand total liabilities 15321 42
11321 42
237 50
12S0 75
1518 25
875 00
683 35
500 00ComptrollerGenerals Eeport
VIIExhibit of Policies or Certificates
No
1 Policies or certificates in force Dec 31 1911
as per last statement 24333
2 Policies or certificates written during the year 12442
4 Totals 36775
5 Deduct terminated or decreased during the year 4966
6 Total benefit certificates in force Dec 31 1912 31809
VIIIExhibit of Death Claims
Xo
3 Tdtals 1011
4 Claims paid during the year 1001
o Balance adjusted but not due 10
XExhibit of Sick and Accident Claims
No
2 Claims incurred during the year23599
4 Claims paid during the year 23136
5 Claims rejected during the year 60
6 Claims unpaid December 31 1912 adjusted
but not due 463
841
Amount
389327 50
226750 00
616077 50
96825 00
519252 50
Amount
12548 45
12310 95
237 50
Amount
70989 60
69508 85
200 00
1280 75
BANKERS HEALTH AND LDE INSURANCE COMPANY OF
MACON GEORGIA
P L Hay President P C Carnes Secretary
Home Office No 607611 Grand Bldg Maebn Georgia
Bobt L Berner Attorney for Service in Georgia
IBalance From Previous Year
7 Total 14295 67
IIIncome
1 Membership fees actually received 4977 45
2 First years assessments or premiums
weekly dues 169537 25
9 Total received from applicants and members 174514 70842
ComptrollerGenerals Eeport
10 Deduct payments returned to applicants
and members
325 75
11 Net amount received from applicants and members
13 Gross interest on bonds and dividends on stocks
15 Gross interest on deposits in trust companies and banks
20 Sale of income certificates
26 From agents balances previously charged off
29 Total income
31 Gross amount of membership fees required or represent
ed by adoption
IIIDisbursements
1 Death claims
3 Sick and accident claims
10
12
13
14
17
21
23
24
27
28
31
32
31
35
37
38
39
40
41
42
43
44
Totl payments to members
Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
Salaries of managers or agents not paid by commissions
Salaries of officers and trustees No 5
Salaries of office employees
Traveling and other expenses of managers and agents
Insurance department fees and licenses
Other licenses and fees
Taxes on assessments or premiums
Other taxes
Rent
Advertising printing and stationery
Legal expense in litigating claims
Other legal expenses
Furniture and fixtures
Borrowed money
All other disbursements
Interest on income certificates acct 1911
Interest on income certificates acct 1912
Medical fees
Miscellaneous includes item No 33
Agents balances charged off
17 Total disbursements
48 Balance before transfers deduct item 47 from amount
brought forward
174188 95
400 00
20 00
1500 00
251 96
176360 91
4977 45
14325 20
55120 20
69445 40
62569 27
8338 49
19849 55
3616 05
1509 47
289 00
657 30
160 27
349 46
2110 75
1401 58
214 00
50 00
337 60
3 00
216 00
1248 00
21 50
1904 06
40 20
174330 95
16325 63
2 Balance
1635 63ComptrollerGenerals Keport 843
IVLedger Assets
4 Book value of bonds 10000 00
5 Deposited in trust companies and banks
on interest 1000 00
6 Deposited in trust companies and banks
not on interest 1808 93
7 Cash in associations office 487 70
8 Agents balances debit 17125 credit
20700 total 3575
9 Bills receivable 64 75
12 Furniture and fixtures 3 000 00
13 Total ledger assets ig 325 63
NonLedger Assets
17 Interest due on other assets 20 00
19 Total interest and rents due and accrued 20 00
22 Premiums or assessments actually collected by agencies
not yet turned over to the association 36 40
25 Gross premiums due and unpaid 576230 less 25 per
cent collection charges 144057 total 4 321 73
30 Gross assets j
Deduct Assets Not Admitted
31 Agents debit balances 171 25
32 Bills receivable 64 75
37 Furniture and fixtures 3000 00
39 Total 3236 00
40 Total admitted assets 4
VLiabilities
14 Sick and accident claims resisted No 1 12 00
15 Sick and accident claims reported but not
yet adjusted No 313 926 50
16 Total sick and accident claims 938 50
19 Salaries rents expenses bills and accounts due or
accrued 972 10
21 Taxes due or accrued 146 46
20703 76
17467 76844 ComptrollerGenerals Eeport
23 Advance premiums or assessments include all payments
made by applicants rejected or not yet accepted as
members 11U 70
26 Reserve required under act of August 16 1909 14108 16
VIIExhibit of Policies or Certificates
No Amount
1 Policies or certificates in force December 31
1911 as per last statement 32680 778880 00
2 Policies or certificates written during the year 33913 813912 00
4 Totals66593 1592792 00
5 Deduct terminated or decreased during the year 30967 7S7768 00
6 Total benefit certificates in force Dec 31 1912 35626 855024 00
7 Policies or certificates terminated by death dur
ing the year 558 14325 20
8 Policies or certificates terminated by lapse
during the year 30409 723442 80
10 Policies or certificates decreased during year 30967 737768 00
XExhibit of Sick and Accident Claims
2 Claims incurred during the year 20240 560S 10
4 Claims paid during the year 19926 55120 20
6 Claims unpaid December 31 1912 314 938 50
CONTINENTAL AID ASSOCIATION OF ATLANTA GEORGIA
B M Cross President LeEoy Smith Secretary
B M Cross Attorney for Service in Georgia
IBalance Sheet
1 Balance from previous year c2 13
IIIncome
1 Membership fees actually received 3556 60
2 First years assessments or premiums 103396 30
9 Total received from applicants and members 106952 90
10 Deduct payments returned to applicants and members 211 08ComptrolleeGeneeals Report
845
11 Net amount received from applicants and members
13 Gross interest on bonds and dividends on stocks
19 Prom all other sources
20 Guaranty fund certificates
21 Agents bond premiums
22 Accounts payable
29 Total income
30 Amounts carried forward
31 Gross amount of membership fees required
or represented by applications
106741 82
200 00
2800 00
31 50
73 95
109847 27
116074 40
3556 60
IIIDisbursements
1 Death claims
3 Sick and accident claims
8161 49
41969 86
10 Total payments to members 50131 35
13 Salaries of managers or agents not paid by commissions 46728 95
14 Salaries of officers and trustees 5835 00
23 Insurance department fees and licenses 142 00
24 Other licenses and fees viz Municipal license 441 20
27 Taxes on assessments or premiums 102 71
28 Other taxes viz State and county 17 72
31 Rent 1386 00
32 Advertising printing and stationery 850 82
34 Legal expense in litigating claims 65 00
39 All other disbursements viz Interest guaranty fund
certificates 2384 00
41 Miscellaneous expense 1539 90
44 Agents balances charged off 52 80
47 Total disbursements
109677 45
IVLedger Assets
4 Book value of bonds
7 Cash in associations office
10 Other ledger assets viz Cash in hands of agents
11 Furniture and fixtures
13 Total ledger assets
NonLedger Assets
24 All other assets viz Assessments due and unpaid
166930 less cost of collection 20 per cent 33386
total
30 Gross assets
5100 00
358 81
31 00
907 14
6396 95
1335 44
7732 39846 CompteolleeGenebals Kepoet
VLiabilities
19 Salaries rents expenses bills and accounts due or ac
crued
21 Taxes due or accrued
24 All other liabilities viz Agents bond premiums
30 Total liabilities
73 95
70 46
31 50
175 91
GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE
COMPANY OF GEORGIA
G N Stoney President A M Sherrill Secretary
Home Office 1015 9th Street Augusta Ga
Wm A Wright Atlanta Attorney for Service in Georgia
IBalance Sheet
Balance from previous year
U Income
1 Membership fees actually received 3597 37
3 Subsequent years assessments or pre
mium 103295 10
5 Other payments by applicants and mem
bers viz Loss and gain 77177
renewals 82341 reserve 74636
total 2141 54
9 Total received from applicants and mem
bers 109234 0
1 Death claims
3 Sick and accident claims
5500 85
35809 50
1148 11
11 Net amount received from applicants and members 109234 01
13 Gross interest on bonds and dividends on stocks less
30000 accrued interest on bonds acquired during year
of report 300 00
29 Total income 109534 01
IIIDisbursements
10 Total payments to members 41310 35ComptrollerGenerals Report
847
12 Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
14 Salaries of officers and trustees
17 Salaries of office employees
20 Traveling and other expenses of officers trustees and
committees special salaries and general expenses
28 Other taxes viz
31 Rent including 144700 for associations oecupancy
of its own buildings
32 Advertising printing and stationery
33 Postage express telegraph and telephone
37 Furniture and fixtures
39 All other disbursements viz Miscellaneous 42161
fuel and light 23193 agents balances 74374
certificates redeemed 425000 interest on certifi
cates 59999 total
47 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate first liens
4 Book value of bonds
5 Deposited in trust companies and banks on interest
7 Cash in associations office
8 Agents balances debit
10 Other ledger assets viz Furniture safe and general
equipment less 20 per cent decrease
13 Total ledger assets
NonLedger Assets
15 Interest on bonds 41 66
24 All other assets viz Annual payments
on premiums due and unpaid 320730
annual premiums in process of collec
tion not yet due 16677960 total
amount due from members 16998690
estimated cost of collection 4249672
total 127490 18
30 Gross assets
40 Total admitted assets
21731 57
2555 00
4430 40
29620 32
1056 98
1447 00
429 28
877 58
1049 29
617 27
110761 04
525 00
5250 00
699 24
275 00
819 69
2164 72
77129 73
14461 91
144609 91848 CompteolleeGeneeals Beport
VLiabilities
24 All other liabilities viz Reserve bond account de
posited by agents and superintendents 198838 net
premium reserve 488707 total 6875 45
30 Total liabilities 6875 45
VIIExhibit of Policies or Certificates
No Amount
1 Policies or certificates in force December 31
1911 as per last statement 20751 429160 00
2 Policies or certificates written during the year 27514 835200 00
4 Totals 48265 1264360 00
5 Deduct terminated or decreased during the year 26340 580730 00
6 Total benefit certificates in force December 31
1912 21925 683630 00
7 Policies or certificates terminated by death dur
ing the year 288 5500 85
8 Policies or certificates terminated by lapse dur
ing the year 26052 575229 15
GUARANTY MUTUAL LIFE HEALTH INSURANCE COMPANY
OF SAVANNAH GEORGIA
L E Williams President Walter S Scott Secretary
Principal Office 468 West Broad St Savannah Ga
Sol O Johnson Attorney for Service in Georgia
IBalance Sheet
Balance from previous year 6801 32
IIIncome
1 Membership fees actually received 2225 95
2 First years assessments or premiums 55570 55
9 Total received from applicants and members 57796 50
10 Deduct payments returned to applicants and members 37 70
11 Net amount received from applicants and members 57758 80
13 Gross interest on bonds and dividends on stocks 225 00ComptrollerGenerals Report
849
15 Gross interest on deposit in trust companies and banks
19 From all other sources viz Sale of iron safe
29 Total income
30 Amounts carried forward sum of balance from previous
year and item 29
31 Gross amount of membership fees required or represented
by applications
47 05
10 00
58040 85
64842 17
2225 95
IIIDisbursements
1 Death claims
3 Sick and accident claims
2756 91
24125 25
47 Total disbursements
48 Balance before transfers
2225 95
13630 64
3849 76
5240 00
1831 25
67 50
682 63
79 06
10 Total payments to members 26882 16
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums
12 Commissions and fees paid to agents on account of subse
quent years fees dues assessment or premiums
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees
17 Salaries of office employees
19 Salaries and fees paid to medical examiners
21 Traveling and other expenses of managers and agents
23 Insurance department fees and licenses
24 Other licenses and fees viz Various city and county
licenses 33850 State Treasurer 200 Secretary
of State 150 Secretary of State charter lamendment
2500 total 367 00
27 Taxes on assessments or premiums 23
31 Rent 509 68
32 Advertising printing and stationery 575 06
33 Postage express telegraph and telephone 282 71
34 Legal expense in litigating claims 9 15
35 Other legal expenses charter amendment 100 00
Guaranty fund certificates 272 00
39 All other disbursements viz Office expense and inci
dentals 379 67
56984 45
7857 72
IVLedger Assets
4 Book value of bonds 5225 00
5 Deposited in trust companies and banks on interest 1276 28
6 Deposited in trust companies and banks not on interest 625 01
7 Cash in associations office 4 67850
ComptrollerGenerals Report
8 Agents balances
10 Other ledger assets viz Furniture and fixtures
13 Total ledger assets
NonLedger Assets
24 All other assets viz Balance due on
sale of iron safe 5000 annual pay
ments due and unpaid on membership
in force 230925 less estimated cost
of collection 57731 net due from
members 173194 total
1781 94
Total
30 Gross assets
Deduct Assets Not Admitted
40 Total admitted assets
VLiabilities
3 Total death claims 6 33
6 Total death claims
13 Sick and accident claims adjusted not yet due 37
14 Sick and accident claims resisted 2
16 Total sick and accident claims
30 Total liabilities
18 26
708 50
7857 72
1781 94
9639 66
9639 66
li 33
L25 71
8 00
L33 7
18 Total unpaid claims 140 08
23 Advance premiums or assessments 60 40
24 All other liabilities viz Reserve as per act August
1909 3207 55
27 Surplus 6231 63
9639 66
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 Atlanta Attorney for Service in Georgia
IBalance Sheet
Balance from previous year
129592 91ComptrollerGenerals Report
851
IIIncome
1 Membership fees actually received
3 Subsequent years assessments or premiums
5 Other payments by applicants and members viz
tionery 12159 duplicates 1860 total
Sta
9 Total received from applicants and members
13 Gross intexest on bonds and dividends on stocks
17 Gross rents from associations property including
60000 for associations occupancy of its own build
ings
19 From all other sources viz Agents balances
26 From agents balances previously charged off
29 Total income
30 Amounts carried forward
1165 25
494911 27
283 52
496360 04
3434 50
612 00
80 00
152 30
500638 84
630231 75
IIIDisbursements
1 Death claims 91071 89
3 Sick and accident claims 166590 20
4 Old age benefits endowment claims 947 80
5 Other payments to members viz Re
turned to members 77032 dividends
paid 161225 total 2182 57
10
11
12
13
14
15
17
19
24
31
32
33
34
36
37
Total payments to members
Commissions and fees paid to agents on account of first
years fees dues assessments or premiums
Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
Salaries of managers or agents not paid by commissions
Salaries of officers and trustees 4
Other compensation of officers and trustees
Salaries of office employees 6
Salaries and fees paid to medical examiners
Other licenses and fees viz Collection of fees dues
assessments premiums insurance department fees and
licenses
Rent including 60000 for associations occupancy of
its own buildings
Advertising printing and stationery
Postage
Legal expense in litigating claims and other legal ex
penses
Repairs and expenses on real estate other than taxes
Furniture and fixtures
260992 46
13107 45
24979 94
112975 12
20800 00
13781 50
6907 50
5051 95
4290 99
2398 80
6833 54
967 66
900 00
318 67
423 00
852
ComptrollerGenerals Eeport
39 All other disbursements viz Expense account express
telegraph and telephone 792827 agents bonds paid
15000 advanced to agents 87365 interest paid
2881 total
47 Total disbursements
48 Balance before transfers
IVLedger Assets
1 Book value of real estate
4 Book value of bonds
5 Deposited in trust companies and banks on interest
6 Deposited in trust companies and banks not on interest
7 Cash in associations office and at branch agencies
8 Agents balances debit
9 Bills receivable
NonLedger Assets
15 Interest accrued on bonds
1370 99
19 Total interest and rents due and accrued
20 Market value of real estate over book value
23 Mortuary assessments due and unpaid on last call made
within sixty days on insurance in force and for which
notices have been issued
8980 73
483709 31
146522 44
7129 81
72047 73
4789 90
34879 69
12495 04
6413 34
8766 93
13 Total ledger assets 146522 44
1370 99
2870 19
12482 15
30 Gross assets 163245 77
Deduct Assets Not Admitted
31 Agents debit balances
32 Bills receivable
34 Book value of bonds and stocks over market value
36 Other items viz Cost of collecting No 23
40 Total admitted assets
VLiabilities
1 Death claims due and unpaid 1
2 Death claims adjusted not yet due 1
24 All other liabilities viz Agents cash bonds
6413 34
8766 93
4575 23
1872 32
141617 95
1000 00 1000 00 1100 00
30 Total liabilities
3100 00ComptrollerGenerals Report 853
industrial life and health insurance co of atlanta ga
J N McEachern President I M Sheffield Secretary
Home Office 500 to 511 Austell Bldg Atlanta Ga
Walter McElreath Attorney for Service in Georgia
IBalance Sheet
Balance from previous year 66957 57
IIIncome
1 Membership fees actually received
2 First years assessments or premiums
19153 30
605268 70
9 Total received from applicants and members 624422 00
10 Deduct payments returned to applicants and members 1902 45
11 Net amount received from applicants and members 622519 55
12 Gross interest on mortgage loans 895 00
13 Gross interest on bonds and dividends on stocks 1845 00
15 Gross interest on deposits in trust companies and banks 28 14
29 Total income 025287 69
30 Amounts carried forward 692245 26
31 Gross amount of membership fees required or represented
by applications 19153 30
IIIDisbursements
1 Death claims
3 Sick and accident claims
43088 30
217926 45
10 Total payments to members 261014 75
13 Salaries of managers or agents not paid by commissions 246977 41
14 Salaries of officers and trustees 4 56293 79
17 Salaries of office employees 7 f 11828 00
19 Salaries and fees paid to medical examiners 397 50
21 Traveling and other expenses of managers and agents 6583 20
23 Insurance department fees and licenses 595 00
28 Other taxes viz State and county 390 50
30 City tax 2669 33
31 Bent 7322 01
32 Advertising printing and stationery 4994 99
33 Postage express telegraph and telephone 2804 93
35 Other legal expenses 2192 75
37 Furniture and fixtures 906 25854
ComptrollerGenerals Report
39 All other disbursements viz Income certificates re
tired 700000 interest on income certificates 2
87190 exchange 12328 total
43 All others
47 Total disbursements
48 Balance before transfers
9995 18
2954 74
620330 72
71914 54
IVLedger Assets
2 Mortgage loans on real estate first liens 17550 00
4 Book value of bonds 34500 00
5 Deposited in trust companies and banks on interest 721 50
6 Deposited in trust companies and banks not on interest 19137 58
8 Agents balances debit 5 46
13 Total ledger assets
71914 54
NonLedger Assets
14 Interest on mortgages
15 Interest on bonds
72 49
34 16
19 Total interest and rents due and accrued 106 65
24 All other assets viz Due from members 728515
estimated cost of collection 182129 total 5463 86
28 Furniture and fixtures 750000 books and printing
500000 total 8000 00
30 Gross assets
85485 05
Deduct Assets Not Admitted
31 36 40 4 i Agents debit balances 5 S000 46
Other items viz Furniture and fixtures 750000 books and printing 50000 total 00

Total
Total admitted assets

VLiabilities Death claims reported but not vet adjusted 19 455 00


0
8005 46
71379 59
455 00ComptrollerGenerals Report 855
15 Sick and accident claims reported but not
yet adjusted 1162 4261 35
16 Total sick and accident claims 4261 35
18 Total unpaid claims 4716 35
19 Salaries rents expenses bills and accounts due or ac
crued 12 45
21 Taxes due or accrued 3020 37
50 Total liabilities 7749 17
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 Meeks Atlanta Attorney for Service in Georgia
IBalance Sheet
Balance from previous year 757980 82
IIIncome
1 Membership fees actually received 108343 00
Reserve fund 218345 41
2 First years assessments or premiums 36069 48
3 Subsequent years assessments or premiums 395771 20
6 Change beneficiary 190 00
7 Reinstatement fee 549 50
9 Total received from applicants and members 759268 65
10 Deduct payments returned to applicants and members 806 73
11 Net amount received from applicants and members 758461 92
12 Gross interest on mortgage loans less 26991 accrued
interest on mortgages acquired during year of report 22887 41
13 Gross interest on bonds and dividends on stocks 760 00
15 Gross interest on deposits in trust companies and banks 2544 43
16 Gross interest from all other sources 4906 63
19 From all other sources viz Future call fund 919 72
29 Total income 32018 19
30 Amounts carried forward 1548 460 93
31 Gross amount of membership fees required or represented
by applications 108343 00856
ComptrollerGenebals Eepokt
IIIDisbursements
1 Death claims
5 Other payments to members viz Guar
antee fund returned to beneficiaries
262350 00
3S 50
10 Total payments to members
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums
Paid banks for recommendations
12 Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
reinsurance commission
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees 7
17 Salaries of office employees 17
19 Salaries and fees paid to medical examiners
21 Traveling and other expenses of managers and agents
22 Collection and remittance of fees dues assessments and
premiums
23 Insurance department fees and licenses
24 Other licenses and fees viz Calls paid out of future
call fund
27 Taxes on assessments or premiums
28 Other taxes viz Municipal tax
30 Purchase of printing press and type
31 Rent
32 Advertising 220004 printing 569049 stationery
133274 total
33 Postage 1255932 express 76421 telegraph and tele
phone 62190 total
35 Other legal expenses
Lapsed reserve notes i
37 Furniture and fixtures
39 All other disbursements viz Miscellaneous
41 Medical examinations
42 Interest paid on advances
43 Inspection of risks
44 Agents balances charged off
262388 50
108371 10
8792 85
15082 85
1665 50
12450 00
9286 29
1650 00
5792 53
4492 12
2676 52
749 4S
6582 46
276 25
432 22
1204 50
9223 27
13945 43
529 18
73798 51
1918 82
2126 67
14902 80
560 00
1109 87
402 86
47 Total disbursements 560410 58
IVLedger Assets
2 Mortgage loans on real estate first liens 605281 32
4 Book value of bonds 19000 00
5 Deposited in trust companies and banks on interest 122912 49
6 Deposited in trust companies and banks not on interest 265 51CompteolleeGenebals Eepoet 857
8 Agents balances debit 414832 credit 9856 net 4049 76
10 Other ledger assets viz Eeserve fund notes of mem
bers in good standing 236541 27
13 Total ledger assets 988050 35
NonLedger Assets
14 Interest due 245000 and accrued 21
13675 on mortgages 23586 75
15 Interest accrued on bonds 140 00
17 Interest accrued on other assets 467 46
19 Total interest and rents due and accrued 24194 21
24 All other assets viz Mortuary calls to
become due on benefit certificate but
only to the extent necessary to meet
outstanding claims call issued Decem
ber 31 1912 26000 00
28 Approximate mortuary income 7165700
died on operating table before certifi
cate was issued brought suit 2000 00
Total 52194 21
30 Gross assets 1040244 56
Deduct Assets Not Admitted
31 Agents debit balances 4148 32
34 Book value of bonds and stocks over
market value 930 00
36 Other items Eeserve fund notes 236541 27
37 Deposit Missouri Dept 1000 00
39 Total 242619 59
40 Total admitted assets 797624 97
VLiabilities
3 Death claims resisted No 2 4000 00
4 Death claims reported but not yet adjusted
No 12 24000 00
6 Total death claims 28000 00
19 Salaries Tents expenses bills and accounts due or
accrued 20983 89858
ComptrollerGexerals Eepoet
21 Taxes due or accrued 600000 estimated 6000 00
22 Advanced by directors 700000 accrued interest 28000 7280 0O
24 Value of outstanding benefit cert or policies as provid
ed by 32 G A hap 83 Iowa 325812 00
25 Future call fund 546 49
Total 360622 38
30 Total liabilities 388622 3S
MUTUAL BENEFIT INDUSTRIAL LIFE INSURANCE ASSOCIATION
OF GEORGIA SAVANNAH GEORGIA
Aaron Eauzin President J M Wood Secretary
Aaron Eauzin Attorney for Service in Georgia
IBalance Sheet
1 Balance from previous year deficit
IIIncome
1 Membership fees actually received
2 First years assessments or premiums
eS4t in
111804 45
9 Total received from applicants and membersj
10 Deduct payments returned to applicants and members
136S3 81
118650 85
1106 03
11 Net amount received from applicants and members 117544 S2
13 Gross interest on bonds and dividends on stocks 225 00
20 Guarantee fund certificates 33000 00
21 Surety sources 55 95
29 Total income 150825 77
IIIDisbursements
1 Death claims
3 Sick and accident claims
5862 50
11992 00
10 Total payments to members 47S54 50
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums 51994 95
13 Salaries of managers or agents not paid by commissions 7871 00
14 Salaries of officers and trustees No 3 3250 00
17 Salaries of office employees No 12 3466 15
18 Other compensation of office employees 1411 06ComptrollerGenerals Report 859
19 Salaries and fees paid to medical examiners 86 00
20 Traveling and other expenses of officers trustees and
committees 508 34
21 Traveling and other expenses of managers and agents 134 25
27 Taxes on assessments or premiums 95 82
28 Other taxes 875 48
31 Rent 1119 52
32 Advertising printing and stationery 930 79
33 Postage express telegraph and telephone 324 87
34 Legal expense in litigating claims 38 35
35 Other legal expenses 480 75
37 Furniture and fixtures 420 16
40 Auditing 490 0
41 Interest 25
42 Miscellaneous office expense 493 99
47 Total disbursements
48 Balance before transfers deduct item 47 from amount
brought forward
IVLedger Assets
4 Book value of bonds
6 Deposited in trust companies and banks not on interest
7 Cash in associations office
8 Agents balances
9 Bills receivable
12 ash advanced S P Moas
13 Total ledger assets 12295 73
NonLedger Assets
25 Furniture and fixtures 1284 26
26 Weekly dues due unpaid 167500 less estimated cost
of collection 33500 total 2624 26
Deduct Assets Not Admitted
40 Total admitted assets 14919 99
VLiabilities
1 Death claims due and unpaid 10 00
6 Death claims 10 00
12 Sick and accident claims due and unpaid 791 00
10 Total sick and accident claims 791 00
IS Total unpaid claims 801 00
124846 23
12291 73
5000 00
1397 57
326 92
719 19
4828 05
24 00
860 CompteollerGenekals Eepobt
23 Advance premiums or assessments include all payments
made by applicants rejected or not yet accepted as
members
25 Reserve as per act August 1909 568136 surplus 8
20078 total
30 Total liabilities
236 85
13882 14
14919 99
NATIONAL LIFE ASSOCIATION OF DES MOTNES IOWA
Henry Pyle President Guy Barker Secretary
IBalance Sheet
1 Balance from previous year Mortuary fund 1153896
reserve funds 57270742 expense funds 7668
total 584823 06
IIIncome
1 Membership fees actually received expense funls 143006 06
2 First years assessments or premiums mortuary fund 30
02878 reserve fund 1585870 expense fund 15
03110 total 60918 58
3 Subsequent years assessments or premiums mortuary
fund 15709026 reserve fund 12638887 expense
fund 7029431 total 353773 44
6 Charge of beneficiary expense fund 95 30
9 Total received from applicants and members items 1
to 8 Mortuary funds 18711904 reserve fund 142
24757 expense funds 22842726 total 557793 87
10 Deduct payments returned to applicants and members
expense fund 10241 77
11 Net amount received from applicants and members
mortuary fund 18711904 reserve fund 14224757
expense fund 21818549 total 547552 10
12 Gross interest on mortgage liens less 68355 accrued
interest on mortgages acquired during year of report
reserve fund 16819 43
14 Gross interest on reserve fund notes 7624 93
18 Borrowed money expense fund 18014 34
19 From all other sources expense fund 190 80
ComptrollerGeneral s Report
861
29 Total income items 11 to 28 mortuary fund 18711904
reserve fund 16669193 expense fund 23639063
total
590201 60
30 Amounts carried forward sum of balance from previous
year and item 29 mortuary fund 19865800 reserve
fund 73939935 expense fund 23646731 total 1174524 66
IIIDisbursements
1 Death claims mortuary fund 197900 00
11 Commissions and fees paid to agents on account of first
years fees dues assets or premiums expense fund 134508 10
12 Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
expense fund 12690 14
13 Salaries of managers or agents not paid by commissions
expense fund 2250 00
14 Salaries of officers and trustees No 10 expense fund 22507 50
17 Salaries of office employees expense fund 12409 36
19 Salaries and fees paid to medical examiners 14518 42
20 Traveling and other expenses of officers trustees and
committees 329 85
21 Traveling and other expenses of managers and agents
expense fund 1078 45
22 Collection and remittance of fees dues assessments and
premiums 2394 89
23 Insurance department fees and licenses expense fund 2831 74
27 Taxes on assessments or premiums 3628 72
31 Rents expense fund 1990 0C
32 Advertising and stationery expense fund 4659 44
33 Postage express telephone and telegraph expense fund 4859 50
34 Legal expense in litigating claims 1358 18
35 Other legal expenses 2083 56
37 Furniture and fixtures 473 15
38 Borrowed money 6985 90
40 Inspection of risks 3450 84
41 Sundries 737 34
47 Total disbursements items 1 to 46 mortuary fund
19790000 expense fund 23574508 total 433645 08
52 Balance mortuary 19790000 expense fund 72223 740879 58
IVLedger Assets
2 Mortgage loans on real estate 389965 00
6 Deposited in trust companies and banks
not on interest 29819 92862 ComptrollerGenerals Report
7 Cash in associations office 305354
9 Bills receivable reserve fund notes 318636 84
10 Total 741475 30
11 Less advance payments trust fund 595 72
13 Total ledger asests 740 879 58
NonLedger Assets
14 Interest due 100650 and accrued 12
93965 on mortgages 13946 15
23 Mortuary assessments due and unpaid on
last call made within sixty days on in
surance in force and for which notices
have been issued 26000 00
29 Total 3994ii 15
30 Gross assets 7S0825 73
Deduct Assets Not Admitted
32 Bills receivable 318636 84
40 Total admitted assets S 462188 S9
VLiabilities
4 Death claims reported but not yet adjusted 26000 00
19 Salaries rents expenses bills and accounts due or
accrued 1758 28
21 Taxes due or accrued 3 500 00
22 Borrowed money 25744 0
25 Contingent liability ease in superior court 8693 00
30 Total liabilities 4 65696 1 i
NORTH CAROLINA MUTUAL AND PROVIDENT ASSOCIATION OF
DURHAM NORTH CAROLINA
John Merrick President A M Moore Secretary
Home Office 212 Parish St Durham North Carolina
J L Wheeler Attorney for Service in Georgia
IBalance Sheet
1 Balance from previous year
11387ComptrollerGenerals Eeport
863
IIIncome
1 Membership fees actually received 303225 75
11 Net amount received from applicants and members
12 Gross interest on mortgage loans
13 Gross interest on bonds and dividends on stocks
14 Gross interest on collateral loans
15 Gross interest on deposits in trust companies and banks
17 Gross rents from associations property including
55000 for associations occupancy of its own build
ings
20 Sale of real estate
27 Gross profit on sale or maturity of ledger assets viz
Real estate
28 Gross increase by adjustment in book value of ledger
assets viz Real estate
29 Total income
303225 75
450 69
112 50
120 00
602 66
4284 85
2032 00
900 00
1788 50
313516 95

TJXDisbursements
1 Death claims
3 Sick and accident claims
5 Other payments to members Matured endowments
49893 65
86628 28
881 29
10
12
13
14
17
19
20
28
30
31
32
34
35
36
37
38
40
41
Total payments to members
Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
Salaries of managers or agents not paid by commissions
Salaries of officers and trustees No 6
Salaries of office employees
Salaries and fees paid to medical examiners
Traveling and other expenses of officers trustees and
committees
Other taxes Office Supplies
Interest on notes
Rent including 55060 for associations occupancy of
its own buildings
Advertising printing and stationery
Legal expenses in litigating claims
Other legal expenses
Repairs and expenses on real estate other than taxes
Furniture and fixtures
Borrowed money from N E paid heretofore carried as
a liability
Taxes on real estate
Taxes on premiums
137403 22
80905 14
10611 99
12000 00
0916 64
3994 25
3902 68
428 36
216 35
2428 95
12947 71
50 00
255 44
3084 25
341 80
15000 00
1135 29
2822 51864 OompteollebGenebals Repobt
42 Agents license 439 00
43 Municipal licenses 1358 44
45 Gross loss on sale or maturity of ledger assets viz
Real estate 600 00
46 Gross decrease by adjustment in book value of ledger
assets viz Eeal estate 3150 00
47 Total disbursements 299992 02
IVLedger Assets
1 Book value of real estate 66856 50
2 Mortgage loans on real estate 10141 60
3 Loans secured by pledge of bonds stocks
or other collateral 2159 44
4 Book value of bonds 2579575 stocks
2000 00 total 27795 75
5 Deposited in trust companies and banks on
interest 15400 00
6 Deposited in trust companies and banks
not on interest 3337 67
7 Cash in association s office 30 00
8 Agents balances 466 21
11 Loans to policyholders policy security 1213 03
13 Total ledger assets 127400 20
NonLedger Assets
14 Isterest accrued on mortgages 175 34
15 Interest accrued on bonds 112 50
17 Interest accrued on other assets 401 50
18 Rents due 215 00
19 Total interest and rents due and accrued 904 34
24 All other assets Printed matter 800 00
26 Furniture and fixtures 5500 00
27 Bills receivable 83 11
30 Gross assets 134687 65
Deduct Assets Not Admitted
i
36 Other items viz Printed matter 800 00
38 Furniture and fixtures 5500 00
39 Bills receivable 83 11
40 Total Admitted assets 128304 54
HMMComptrollerGenerals Report
865
VLiabilities
2 Death claims adjusted not yet due
205 00
6 Total death claims
19 Salaries rents expenses bills and accounts due or
accrued
20 Commissions toagents due or accrued not included in
agents credit balances item 8 page 4
21 Taxes due or accrued
23 Advance premiums or assessments include all payments
made by applicants rejected or not yet accepted as
members
25 Legal reserve
30 Total liabilities
205 00
580 00
250 00
6000 00
4750 00
79132 60
90917 60
VIIExhibit of Policies or Certificates
1 Policies or certificates in force Dec 31 1911 as
per last statement 59197
2 Policies or certificates written during the year 44675
2556200 00
2064410 00
4 Totals 103872
5 Deduct terminated or deceased during the vear 34091
4620610 00
1381366 00
6 Total benefit certificates in force Dec 31 1912 69781 3239244 00
PILGRIM HEALTH AND LIFE INSURANCE COMPANY OF
AUGUSTA GEORGIA
H O Young President T J Walker Secretary
Wm A Wright Attorney for Service in Georgia
IBalance Sheet
1 Balance from previous year 33108 39
IIIncome
1 Membership fees actually received 5593 53
2 First years assessments or premiums 207131 78
5 Other payments by applicants and members Revival 1296 10
9 Total received from applicants and members 214021 41
10 Deduct payments returned to applicants and members 130 05
11 Net amount received from applicants and members 213891 36866
CompteollebGeneeals Eepoet
12 Gross interest on mortgage loans less 27640 accrued
interest on mortgages acquired during year of report
13 Gross interest on bonds and dividends on stocks less
10000 accrued interest on bonds acquired during year
of report
15 Gross interest on deposits in trust companies and banks
17 Gross rents from associations property including
42000 for associations occupancy of its own buildings
19 From all other sources
20 Agents acct
21 Mortgages
22 Sundry
23 Agents Reserve
24 Refunded
25 Deficiency
29 Total income I
30 Amount carried forward sum of balance from previous
year and item 29
IIIDisbursements
1 Death claims 15525 50
3 Sick and accident claims 79167 34
10 Total payments to members item 1 to 9
11 Commissions and fees paid to agents on account of first
years fees dues assessments or premiums
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees No 3
17 Salaries of office employees No 23
21 Traveling and other expenses of managers and agents
23 Insurance department fees and licenses
25 Business and occupation licenses
27 Taxes on assessments or premiums
31 Rent including 42000 for associations occupancy of its
own buildings
32 Advertising printing and stationery
33 Postage express telegraph and telephone
34 Legal expense in lighting claims
35 Other legal expenses
36 Repairs and expenses on real estate other than taxes
37 Furniture and fixtures
38 Borrowed money G F C
39 All other disbursements
40 G F O redeemed 30000 reserve paid agents 12034
41 Longage 79589 auditing acct 25206 insurance
2620 total
346 87
200 00
48 56
922 25
1659 56
2950 00
128 08
1082 65
445 92
1985 19
223660 44
256768 83
94692 84
59224 69
33699 22
2537 18
4048 48
1800 18
384 23
1677 00
510 34
1602 65
2638 02
1584 27
47 55
127 50
1477 14
1002 38
317 70
420 34
1074 15
224311 33
32457 50
ComptrollerGenerals Report 867
42 Light and fuel 26997 sundry 88983 1159 80
43 Investment 1190000 agents acct 224073 14140 73
44 Agents balances charged off 144 54
47 Total disbursements
48 Balances before transfers deduct item 47 from amount
brought forward
IVLedger Assets
1 Book value of real estate 9039 52
2 Mortgage loans on real estate first liens 8400 00
4 Book value of bonds 5200 00
5 Deposited in trust companies and banks on
interest 750 50
6 Deposited in trust companies and banks
not on interest 7443 59
7 Cash in associations office 40 20
8 Agents balances debit 250091 credit
126722 net 1233 69
10 Other ledger assets viz Emergency fund 350 00
13 Total ledger assets 32457 50
NonLedger Assets
14 Interest due 17449 and accrued 14055
on mortgages 315 04
15 Interest due on bonds 100 00
17 Interest accrued on other assets 15 00
18 Bents due 135 00
19 Total interest and rents due and accrued 565 04
25 Agents ledger balances 233 69
29 Total 1 233 69
30 Gross assets 34256 23
Deduct Assets Not Admitted
31 Agents debit balances 1233 69
Total admitted assets 33022 54868 CompteolleeGenebals Bepoet
YLiabilities
1 Death claims due and unpaid No 14 290 00
6 Total death claims
12 Sick and accident claims due and unpaid
No 416 1208 50
16 Total sick and accident claims
18 Total unpaid claims 430
19 Salaries rents expenses bills and accounts due or
accrued
21 Taxes due or accrued
22 Borrowed money G F Cinterest due or accrued on same
23 Advance premiums or assessments include all payments
made by applicants rejected or not yet accepted as
members
24 All other liabilities Agents reserve
30 Total liabilities
290 00
120S 50
1498 50
817 67
78 20
295 OS
824 30
1488 18

5001 93
UNION MUTUAL ASSOCIATION OF ATLANTA GEORGIA
T W Walker President Wm Driskell Secretary
Home Office 200 Auburn ave OcJa Fellow Bids Atlanta Ga
Hon W A Wright Attorney for Service in Georgia
IBalance Sheet
1 Balance from previous year 21715 26
ITIncome
1 Membership fees actually received 3339 25
2 First years assessments or premiums 182543
5 Other payments by applicants and members Revivals 1H50 95
6 Full sick and accident endorsements 229 70
7 Deficiencies 1338 2
8 Cash ot her sources 89 18
9 Total received from applicants and members items 1
t0 S 189000 76
10 Deduct payments returned to applicants and members 165 40
11 Net amount received from applicants and members 188835 36CoMPTROLLEHGtENERALs BePORT
869
13 Gross interest on bonds and dividends on stocks
29 Total income items 11 to 28
200 00
189035 36
30 Amounts carried forward sum of balance from previous
year and item 29
1
3
10
12
13
14
17
19
21
23
28
31
32
33
37
39
40
IIIDisbursements
Death claims
Sick and accident claims
Total payments to members
Commissions and fees paid to agents on account of sub
sequent years fees dues assessments or premiums
Salaries of managers or agents not paid by commissions
Salaries of officers and trustees No 5
Salaries of office employees Xo 25
Salaries and fees paid to medical examiners
Traveling and other expenses of managers and agents
Insurance department fees and licenses
Other taxes on Premium and license
Rent
Advertising printing and stationery
Postage express telegraph and telephone
Furniture and fixtures
All other disbursements
Fuel ice cost of court exchange etc
47 Total disbursements items 1 to 46
48 Balance before transfers deduct item 47 from amount
brought forward
210750 62
12853 63
71879 75
8473338
39708 07
32213 93
8550 00
6390 05
261 00
3878 26
150 00
1728 M
2124 73
5238 20
1890 75
539 16
1898 93
189305 31
21445 31
IVLedger Assets
4 Book value of bonds
5 Deposited in trust companies and banks
Third National
6 Deposited in trust companies and banks
not on interest Atlanta National
5278 Atlanta State Savings 286224
7 Cash in associations office and in course
of remitting
8 Agents balances debit 318790
9 Bills receivable
10 Other ledger assets viz in hands of
Treasurer
11 Cash bonds in branch office
12 Furniture fixtures and printing
5100 00
620 91
2915 02
593 82
3187 90
1393 94
891 46
105 00
5500 00
13 Total ledger assets
20308 05870 ComptrollerGenerals Report
VLiabilities
1 Death claims due and unpaid No 15 408 31
3 Death claims resisted No 2 4000
6 Total death claims 448 31
14 Sick and accident claims resisted No 1610
rejected for noncompliance with con
tract 4840 00
15 Sick and accident claims reported but not
yet adjusted No 366 1096 50
16 Total sick and accident claims 5936 50
24 All other liabilities
25 Fielder Allen Co 31 65
26 Union Publishing Co 283 50
27 American Art Work 11250 independent
Pub Co 26800 total 380 50
28 Photograph mfg Co 450 00
29 Total M5 65
30 Total liabilities 7530 46
VIIExhibit of Policies or Certificates
No Amount
1 Policies or certificates in force December 31
1911 as per last statement 40702 1073249 00
2 Policies or certificates written during the
year 25809 525054 08
4 Totals 65754 1360588 08
5 Deduct terminated or decreased during the
year 25809 525505 08
6 Total benefit certificates in force Dec 31 1912 39945 835534 00
7 Policies or certificates terminated by death
during the year 566 12853 63
8 Policies or certificates terminated by lapse dur
ing the year 25199 511100 45
9 Policies or certificates terminated 44 1100 00CompteolleeGeneeals Repoet
VIIIExhibit of Death Claims
No
Claims unpaid December 31 1911 as per last
statement 12
Claims face value incurred during the year 583
Totals 595
Claims paid during the year 578
Balance 17
Claims rejected during the year 2
Claims unpaid December 31 1912 17
XExhibit of sick and Accident Claims
No
Claims unpaid December 31 1911 as per last
statement 107
Claims incurred during the year 25569
Totals 25676
Claims paid during the year 24066
Claims rejected during the year 1610
Claims unpaid Dec 31 1912 1976
871
Amount 209 98 14595 81
14805 79 13063 61
1742 18 40 00
448 31
Amount
337 00
76382 75
76719 75
71879 75
4840 00
5936 50
UNITED STATES HEALTH AND LIFE INSURANCE COMPANY OF
ATLANTA GEORGIA
A MeD Wilson President P W Stokes Secretary
Home Office 415416 Rhodes Bldg Atlanta Georgia
F W Stokes Attorney for Service in Georgia
IIIncome
1 Membership fees actually received 3403 70
2 First years premiums 28001 00
9 Total received from applicants and mem
bers items 1 to 8 31404 70
10 Deduct payments returned to applicants
and members 55 40
11 Net amount received from applicants and members 31349 30872
ComptrollerGenerals Report
12 Gross interest on mortgage loans less 13780 accrued
interest on mortgages acquired during year of report 84 30
13 Gross interest on bonds and dividends on stocks less
11250 accrued interest on bonds acquierd during year
of report 287 50
29 Total income items 11 to 28 3172 10
30 Amounts carried forward sum of balance from previous
year and item 29 Ml721 10
IIIDisbursements
1 Death claims 306 90
3 Sick and accident claims 11877 50
10 Total payments to members items 1 to 9
13 Salaries of managers or agents not paid by commissions
14 Salaries of officers and trustees No 1
17 Salaries of office employees No 3
19 Salaries and fees paid to medical examiners
20 Traveling and other expenses of officers trustees and
committees
21 Traveling and other expenses of managers and agents
23 Insurance department fees and licenses
24 Other licenses and fees
27 Taxes on assessments or premiums
31 Eent
32 Advertising printing and stationery
Postage express telegraph and telephone
34 Legal expenses in litigating claims
7 Furniture and fixtures
40 Exchange
47 Total disbursements items 1 to 46 4015 10
48 Balance before transfers deduct item 47 from amount
brought forward 8434 00
IVLedger Assets
2 Mortgage loans on real estate 15000 00
4 Book value of bonds 15000 00
6 Deposited in trust companies and banks
not on interest 1910 00
9 Bills receivable 5800 00
14 Total ledger assets 7710 00
12184 to
20136 78
2200 00
1805 70
111 50
361 21
2 20
57 50
158 75
0 84
1152 83
127 42
200 06
203 75
290 60
15 50
ComptrollerGenerals Eeport
NonLedger Assets
14 Interest accrued on mortgages 137 so
15 Interest on bonds U2 50
19 Total interest and rents due and accrued1
25 Balance due Neb from Policy holders
30 Gross assets
Deduct Assets Not Admitted
32 Bills receivable
40 Total admitted assets
VLiabilities
2 Death claims adjusted not yet due
No 1 12 50
6 Total death claims
13 Sick and accident claims adjusted not yet
due No 88 339 75
18 Total unpaid claims
19 Salaries rents expenses bills and accounts due or
accrued
21 Taxes accrued
25 Reserve fund 1 059 78
26 Capital stock 25000 00
27 Surplus 5753 22
29 Total
30 Total liabilities t
873
250 30
653 35
38613 65
5800 00
32813 65
12 50
352 25
413 34
235 06
31813 00
32813 65874 ComptkollerGenebals Eepoet
FIRE
CAPITOL CITY FIEE INSURANCE COMPANY OF ATLANTA A
G W Cooper President B L Lyon Secretary
Home Office 919 Austell Bldg Atlanta Georgia
Wm M Smith Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year
403 56
4 Extended at
IIIncome
5 Gross premiums
Total
7 Total premiums
29 Total Income
4827
IIIDisbursements
1 Gross amount paid policyholders for
losses
1229 50
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions and brokerage
7 Salaries
8 Salaries fees and all other charges of officers 79153
directors trustees and home office employees 36000
9 Bents
10 Advertising printing and stationery all charged to one
account
11 Postage telegrams telephone and express
14 Maps including corrections office supplies
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
403 56
4827 74
231 30
5231 30
1229 50
20 00
600 40
425 00
1151 53
88 50
182 75
91 40
82 25
34 38
40 00
41 00
37 Total disbursements
3991 01ComptrollerGeneral s Eeport
IVLeager Assets
5 Cash in companys office 75 00
6 Deposits in trust companies and banks not
on interest 26 00
7 Deposits in trust companies and banks on
interest 101 00
8 Agents balances representing business
written subsequent to Oct 1912 1100 10
10 Bills receivable taken for fire risks cash
in agents hands 39 19
15 Total ledger assets
NonLedger Assets
26 Other nonledger assets Annual dues for 1913
20 Gross assets
Deduct Assets Not Admitted
37 Annual dues not yet due
39 Admitted assets
VLiabilities
1 Gross losses adjusted and unpaid 200 00
3 Gross claims for losses resisted 200 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received and receiv
able upon all unexpired risks running one year or
less from date of policy unearned premiums fifty
per cent no unearned dues all dues are earned by
company when paid
12 Salaries rents expenses bills accounts fees etc due or
or accrued
13 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement
17 All other liabilities viz 35000 borrowed money 1911
for organization purposes which is secured by personal
endorsement of Geo W Cooper and is payable out
of surplus
34 Total amount of all liabilities
35 Surplus
36 Total liabilities
875
1204 29
4827 74
6068 03
4827 74
1240 29
400 00
4827 74
140 01
40 00
180 00
580 00
660 29
1240 29876 ComptbolleeGenebals Eepoet
VIRisks and Premiums
Amount at Risk Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 100515 00 403 36
2 Written or renewed during the year per
income No 5 301605 00 5769 75
4 Totai 402120 00 6173 31
5 Deduct those expired and marked off as
as terminated 194300 00 942 01
6 In force at the end of the year 207620 00 5231 30
Business in the State of Georgia During the Year
22 Gross risks written 301605 00
Less risks cancelled 194500 00
Net risks written 107105 00
23 Gross premiums on risks written 4827 74
Less 124029 not yet collected but due 1240 29
Net premiums received 3587 4o
24 Losses paid deducting salvage 1229 50
25 Losses incurred 1629 50
FARMERS COOPERATIVE FIRE INSURANCE COMPANY OF
JACKSON GEORGIA
T M Ball President T T Goodwin Secretary
H M Fletcher Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance December 31
of previous year 433 17
IIIncome
5 Gross premiums per item 2 VI 2966 03
7 Total premiums other than perpetual 3399 20
14 Assessments for fire losses 16192 36
28 Total income 19591 53ComptrollerGenerals Report 877
IIIDisbursements
1 Gross amount paid policyholders for losses 16192 36
6 Allowances to local agencies for miscellaneous agency
expenses 1697 36
8 Salaries fees and all other charges of officers directors
trustees and home office employees 1308 80
10 Advrtising 1500 printing and stationery 2875 43 75
11 Postage telegrams telephone and express 46 15
20 State taxes on premiums 27 85
21 Insurance department licenses and fees 200 00
26 Total amount of all liabilities except capital 1379 66
IVLedger Assets
5 Cash in companys office 4 04
8 Agents balances representing business written subse
quent to October 1 1912 7125
16 Total ledger assets 75 29
Deduct Assets Not Admitted
41 Total admitted assets 75 29
VLiabilities
1 Gross losses adjusted andunpaid 1310 00
13 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 69 66
26 Total amount of all liabilities except capital 1377 66
VIRisks and Premiums
1 In force on the 31 day of December as per line 5 under
this heading in last years statement 4360774 00
2 Written or renewed during the year per income No 5 267702 00
4 Total 4628476 00
5 Deduct those expired and marked off as terminated 58869 00
6 In force at the end of the year 4569607 00
Business in the State of Georgia During the Tear
28 Gross risks written 610502 00
Less risks cancelled 113708 00
Net risks written 496794 00878 ComptrollerGenerals Eeport
29 Gross premiums on risks written 248397 cash from
1911 48206
Net losses paid
Net losses incurred
2966 03
16192 36
17502 33
THE FARMERS MUTUAL FIRE INSURANCE COMPANY OF
DAWSON GEORGIA
GEORGIA
B F Melton President W H Gun Secretary
W H Gun Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 previous year and reported
as held for members
752 06
4 Extended at
11Income
5 Gross premiums membership fees
600 03
7 Total premiums membership fees
18 Assessments to pay losses by Fire Storm
and lightning 11357 70
19 Annual dues paid by members 904 87
24 Total
29 Total income
1 TlDisbursements
1 Gross amount paid policyholders for losses 11357 70
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions and brokerage
8 Salaries fees and all other officers directors trustees
and home office employees
10 Advertising 1850 printing and stationery 4450
11 Postage telegrams telephone and express
12 Legal expenses
20 State taxes on premiums
21 Insurance Department licenses and fees
22 All other licenses fees and taxes Local tax collectors
37 Disbursements
752 06
600 03
12322 57
13674 66
11357 70
126 00
575 92
358 54
63 HI
24 72
10 00
16 10
25 00
21 00
12177 OSComptrollerGenerals Report 879
IVLedger Assets
6 Deposits in trust companies and banks not
on interest 1096 68
15 Total ledger assets 1096 68
VLiabilities
1 Gross losses adjusted and unpaid 1475 00
6 Net amount of unpaid losses and claims 1475 00
13 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 12 00
34 Total amount of all liabilities 1487 00
VIRisks and Premiums
Amount at Risk Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 1243000 00
2 Written or renewed during the year per
income No 5 105663 00 600 03
4 Total 1348663 00
5 Deduct those expired and marked off as
terminated 39760 00
6 In force at the end of the year 1308903 00
FARMERS MUTUAL FIRE INSURANCE ASSOCIATION OAKMAN GA
T L Johnson President J F Hurt Secretary
J G B Erwin Calhoun Ga Attorney for Service in Georgia
ICapital Stock
2 Amount of ledger assets as per balance December 31
of previous year 3254 67
IIIncome
5 Gross premiums 6653 58
28 Total income 6653 58880 ComptrolleeGenebals Bepobt
IIIDisbursements
1 Gross amount paid policyholders for losses
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage paid agts for business
7 Salaries
8 Salaries fees and all other charges of officers directors
trustees and home office employees
10 Advertising 8168 printing and stationery 1956
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixturesi
21 Insurance department licenses and fees
41 Total disbursements
IVLedger Assets
6 Deposits in trust companies and banks not on interest
16 Total ledger assets
VLiabilities
7 Gross premiums less reinsurance received and receiv
able upon all unexpired fire risks running one year
or less from date of policy
8 Gross premiums less reinsurance received and receiv
able upon all unexpired fire risks running more than
one year from date of policy
9 Gross premiums less reinsurance cash and bills re
ceived and receivable upon all unexpired inland navi
gation risks
Business in The State of Georgia During The Year
28 Gross Tisks written
29 Gross premiums on risks written
30 Losses deducting salvage
Net losses paid
Net losses incurred
2117 83
2117 83
50 00
477 00
239 00
850 00
110 24
36 50
75 00
25 00
200 00
4180 67
2680 67
2680 67
280905 00
273075 00
553980 00
525 00
6653 58
2117 83
2117 83
2117 83ComptrollerGenerals Report
881
THE FARMERS PROTECTIVE FIRE INSURANCE COMPANY OF
GEORGIA
T W Phillips President A H Flake Secretary
D P Philips Attorney for Service in Georgia
IIIncome
5 Gross premiums
28 Total income
IITDisbursements
7 Salaries
10 Advertising 950 printing and stationery 1355
11 Postage telegrams telephone and express
12 Legal expenses
20 State taxes on premiums
24 Losses paid
25 Interest
Total disbursements
IVLedger Assets
5 Cash in company s office
12 Other ledger assets viz Municipal payments on prem
iums due and Ttnpaid on membership in force 1
90646 estimated ost of collection 5000 total
2659 10
2659 10
303 00
23 05
31 71
113 00
9 59
2075 00
16 67
2582 12
62 OS
1856 46
16 Total ledger assets 1918 54
Deduct Assets Not Admitted
32 Supplies printed matter and stationery 150 00
41 Total admitted assets 150 00
VLiabilities
3 Gross claims for losses resisted 500 00
4 Total 500 00
30 Total liabilities 500 00
VI Risks and Premiums
6 In force at the end of the year 556432 50
882 ComptrollerGenerals Eeport
Business in The State of Georgia During The Year
28 Gross risks written
29 Gross premiums on risks written
30 Losses paid deducting salvage
31 Losses incurred
18243 00
45 61
2075 00
2075 00
GERMAN MUTUAL FIRE INSURANCE COMPANY OF SAVANNAH GA
C H Konemann President Fred Wessels Jr Secretary
Home Office 17 Bay Street East Savannah Georgia
V H McLaws Attorney for Service in Georgia
IGuaranty Capital
1Amount of guaranty capital paid up in
cash 58748 89
2 Amount of ledger assets as per balance
December 31 of previous year 86074 17
4 Extended at 86074 17
IIIncome
5 Gross premiums 10979 64
7 Total premiums 10979 64
8 Gross interest on mortgage loans 4469 18
9 Gross interest on collateral loans 42 78
10 Gross interest on bonds and dividends 728 25
11 Gross interest on deposits in trust com
panies and banks 463 00
13 Subscriptions 8840 95
14 Rent from space sublet in companys office 400 00
16 Total gross interest and rents 25923 80
9 Total income 25923 80
IIIDisbursements
1 Gross amount paid policyholders for losses 126 43
3 Net amount paid policyholders for losses 126 4t
8 Salaries fees and all other charges of officers directors
trustees and home office employees 2981 00420 00
731 98
50 00
119 23
50
190 19
563 06
3206 66
4304 13
I 12693 18
ComptrollerGenerals Report 883
9 Rents including 2000 for companys occupancy of its
leased building
10 Advertising 68983 printing and stationery 4215
12 Legal expenses
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes Federal Corporation
tax 1019 18000 toal
24 Office sundries
31 Dividends to polieyhoiders
32 Paid for interest or dividends on guaranty capital
amount declared during the year
37 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate 68078 00
3 Loans secured by pledge of bonds stocks
ar other collateral 560 00
4 Book value of bonds 13867 75
6 Deposits in trust companies and banks not
on interest 1906 83
7 Deposits in Trust companies and banks on
interest 11429 13
10 Bills receivable taken for fire risks 110 36
11 Other Ledger assets 3412 72
15 Total ledger assets i
VLiabilities
10 Interest due or accrued
11 Dividends declared and unpaid to polieyhoiders includ
ing all unpaid dividends on terminated policies whether
renewed or not
18 Guaranty fund paid in
19 Sundries
34 Total amount of all liabilities 63008 65
35 Surplus 36296 14
36 Total 99304 79
99304 79
843 12
3206 66
58748 89
209 98884 ComptrollerGenerals Eeport
VIRisks and Premiums
Amount at Bisk Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 1181245 00 10879 64
8 Net amount in force 1181245 00 10979 64
Business in The State of Georgia During The Year
22 Gross risks written 1228345 00
Less risks cancelled 47 409 q0
Ne risks written 1181245 00
Net premiums received 49 99 gj
Net losses paid jog 4
GLOBE FIRE INSURANCE COMPANY OF ATLANTA GEORGIA
W J Fletcher President a II McElvany Secretary
Home Office 818 Austell Bldg Atlanta Ga
T H Leavitt Attorney for Service in Georgia
IIIncome
18 Applications now ready for policies 1115 10
19 Furniture for office 250 00
20 Cash in Bank advanced by A M McElvany 500 00
21 Secured notes advanced by W T Fletcher 500 00
22 Total assets to start with 2 365 10
23 Total liabilities to start with 350 00
24 Net assets to start with 2015 10
GORDON COUNTY MUTUAL FIRE AND STORM INSURANCE CO OF
CALHOUN GEORGIA
H B Herington President F L Hicks Secretary
Home Office Wall Street Calhoun Ga
F A Cantrell Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year 793 79
4 Extended at 793 77
18
19
24
29
1
3
10
11
20
21
24
25
26
37
5
15
39
2
ComptrollerGenerals Eeport
IIIneome
Gross premiums 165 31
Total premiums
Assessment No 4 1337 92
Borrowed money from People Bank Cal
houn Ga 300 00
Total
Total income
IIIDisbursements
Gross amount paid policyholders for losses
including 70000 occurring in previous
years 1382 00
Net amount paid policyholders for losses
Salaries fees and all other charges of officers directors
trustees and home office employees
Printing and stationery
Postage telegrams telephone and express
State taxes on premiums
Insurance department licenses and fees
Begistration fee to Secretary of State of Ga
Traveling expense
Paid Peoples Bank Calhoun Ga borrowed money and
interest
Total disbursements
TVLedger Assets
Cash in companys office 802 82
Total ledger assets
Deduct Assets Not Admitted
Admitted assets
VLiabilities
Gross claims for losses in process of adjustment or in
suspense
885
165 31
1637 92
2597 02
1382 00
1 35 00
17 50
2 70
12 99
25 00
50
12 51
3060 00
17942 20
802 82
802 82
10 00
886 ComptrollerGenerals Report
13 Estimated amount hereafter payable for federal state and
other taxes based upon the business of the year of
this statement 13 82
34 Total amount of all liabilities 23 82
VIRisks and Premiums
Amount at Bisk Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement 607000 00 1503 23
8 ATet amount in force 607000 00 1503 23
Business in The State of Georgia During The Year
Net risks written 58000 00
Net premiums received 58 00
Net losses paid 680 00
Net losses incurred 680 00
C
5
10
23
20
21
31
41
24
30
SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY OF
THOMASVILLE GEORGIA
L Heard President Robert Alexander Secretary
C L Heard Attorney for Service in Georgia
11 Income
Gross premiums 260 50
By asst for losses of policyholders 740 on
Total income 1000 50
IIIDisbursements
Salaries fees and all other charges of officers directors
trustees and home office employees 260 00
State taxes on premiums 1 35
Insurance department licenses and fees 25 00
Policy holders losses 1912 740 oil
Total disbursements l 000 50
Tncorporators from expenses of organization 156 00
Total liabilities lot 0ComptrollerGenerals Report
VIRisks and Premiums
1 In force on the 31 day of December as per line 5 under
this heading in last years statement
2 Written or renewed during the year
4 Total
5 Deduct those expired and marked off as terminated
6 In force at the end of the year
8 Net amount in force
Business in The State of Georgia During The Year
28 Gross risks written
Net premiums received
Uet losses paid
Net losses incurred
887
325120 00
50275 00
375395 00
47345 00
328050 00
328050 00
ea 50275 00
260 50
740 00
740 00
SOUTHERN STATES FIRE INSURANCE COMPANY OF ATHENS GA
H S West President E 8 Rylee Secretary
T J Shackelford Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year 3028 58
4 Extended at 3028 58
IIIncome
5 Gross premiums 1926 69
6 Deduct gross amount paid for return prem
iums 359 86
7 Total premiums 1566 83
18 Directors note to secure policyholders 3000 00
29 Total income 7595 41
IIIDisbursements
1 Gross amount paid policyholders for losses
occurring in previous years 500 00
3 Net amount paid policyholders for losses 500 00888
ComptrollerGeneral s Report
4 Expenses of adjustment and settlement of losses
7 Salaries and expenses of special agents
8 Salaries fees and all other charges of officers directors
trustees and home employees
9 Eents
10 Advertising printing and stationery
11 Postage telegrams telephone and express
13 Furniture and fixtures
21 Insurance department licenses and fees
24 City and town taxes
31 Dividends to policyholders
37 Total disbursements
500 00
524 40
369 35
126 00
50 00
25 00
5 OQ
200 00
17 00
81 25
1398 mi
TVLedger Assets
6 Deposits in trust companies and banks not
on interest
9 Agents balances representing business
written prior to October 1 1912
10 Bills receivable taken for fire risks
12 Furniture office fixtures etc
838 02
268 05
691 34
500 00
15 Total ledger assets
NonLedger Assets
23 Total
29 Gross assets
Deduct Assets Not Admitted
30 Supplies printed matter and stationery Ill 37
31 Furniture fixtures and safes 500 00
39 Admitted assets
VLiabilities
3 Gross claims for losses resistedI
400 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
risks running one year or less from
date of policy unearned premiums
fifty per cent 204 13
5297 41
3297 41
8594 82
79S3 45
400 00ComptrollerGenerals Report
889
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
risks running more than one year from
date of policy
1456 91
9 Total unearned premiums as computed above
13 Estimated amount hereafter payable for federal state and
other taes based upon the business of the year of
this statement operating on four county plan
16 Due and to become due for borrowed monev
34 Total amount of all liabilities
35 Surplus
36 Total liabilities
1661 04
25 00
244 00
2330 04
5653 41
7983 45
VIRisks and Premiums
Amount at Risk Premiums Thereon
1 In force on the 31 day of December as
per line 5 under this heading in last
years statement
2 Written or renewed during the year per
income No 5
255905 00
83750 00
339655 00
4 Total
5 Deduct those expired and marked off as
terminated changed to four county
plan and terminated in other cos 149705 00
6 In force at the end of the year 189950 00
Business in the State of Georgia During the Year
22 Gross risks written
Less risks cancelled
Net premiums received
Net losses paid
3011 10
1926 69
83750 00
5000 00
Net risks written 78750 00
23 Gross premiums on risks written 1826 69
Less return premiums 50 00
1876 69
500 00890 ComptrollerGenerals Eeport
sunlight insurance company of atlanta georgia
S J Sheffield President C A Penn Secretary
Home Office 1428 Empire Bldg Atlanta Ga
Walter McElreath Attorney for Service in Georgia
IGuaranty Capital
2 Amount of ledger assets as per balance
December 31 of previous year 1304 84
4 Extended at
1304 84
IIIncome
5 Gross premiums
7 Total premiums
29 Total income
23454 85
23454 85
23454 85
IIIDisbursements
1 Gross amount paid policyholders for losses
2132 48
3 Net amount paid policyholders for losses
4 Expenses of adjustment and settlement of losses
7 Salaries 1468655 and expenses 9030 of special agents
8 Salaries fees and all other charges of officers directors
trustees and home office employees
9 Rents including 52500 for companys occupancy of its
own buildings
10 Advertising 103924 printing and stationery 88000
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
21 Insurance department licenses and fees
22 City taxes
24 Returned to members
2132 48
280 00
14776 85
3525 00
37 Total disbursements
525 00
1919 24
280 48
152 40
491 05
48 94
50 00
113 72
24295 16
IVLedger Assets
6 Deposits in trust companies and banks not
on interest
15 Total ledger assets
464 53
464 53CompteollebGenekals Eeport
NonLedger Assets
27 Net amount due from members 27489 10
28 Of furniture 65000 books and blanks
40000 1050 00
Total
29 Gross assets
VLiabilities
21 This company has no liabilities as we pay all claims each
week We have no net advance payments on our
debit Net arrears
Business in Georgia During The Year
22 Gross risks written
Less risks cancelled
Net risks written
23 Gross premiums on risks written
Less return premiums
Net premiums received
Net losses paid
891
28539 10
29003 63
1141 35
912050 00
881150 00
30900 00
23454 85
113 72
23341 13
2132 48MISCELLANEOUS COMPANIES
ETNA ACCIDENT AND LIABILITY COMPANY HARTFORD CONN
M G Bulkeley President J S Rowe Secretary
Wm 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 2365066 91
IIIncome
Gross premiums written and renewed during the year
Liability 10143068 fidelity 3241785 surety
12401215 plate glass 14951031 burglary and
theft 19931477 sprinklex 5599537 fiy wheel
474047 auto property damage 60237859 total
Deduet reinsurance Liability 5162369
fidelity 40000 surety 119675
plate glass 26387 burglary and theft
1217891 sprinkler 895274 fly
wheel 218575 auto property damage
365250 total 80454 21
Deduct return premiums on policies can
celled Liability 527762 fidelity 1
25486 surety 260122 plate glass
705117 burglary and theft 12
42075 sprinkler 320841 fly wheel
3952 auto property damage 62
61239 total 94821 63
Deduct premium on policies not taken
Liability 183991 fidelity 171450
surety 213688 plate glass 29
95849 burglary and theft 3052650
sprinkleT 948505 fly wheel 24839
auto property damage 9636979 total 188S39 29
5 Total deductions Liability 7530100 fidelity 336936
surety 593485 plate glass 3727353 burglary and
theft 5512616 sprinkler 2164620 fly wheel 2
82935 auto property damage 16263468 total
1269800 19
364115 13COMPTROLLERGENERALS EePORT
893
G Net premiums Liability 2612968 fidelity 2904849
surety 11807730 plate glass 11223678 burglary
and theft 14418861 sprinkler 3434917 fly wheel
191112 auto property damage 43974391 total 905685 06
22 Gross interest on mortgage loans 35546 32
23 Gross interest on collateral loans 1796 75
24 Gross interest on bonds and dividends on stocks less 1
14234 accrued interest on bonds acquired during1912 43621 29
25 Gross interest oh deposits in trust companies and banks 7079 71
39 Total income
993729 13
IIIDisbursements
1 Gross amount paid for losses Fidelity 20000 surety
12480 plate glass 4041979 burglary and theft
5620006 sprinkler 919588 auto property damage
14115245 total
2 Deduct reinsurance Plate glass 5185
burglary and theft 352913 sprinkler
35371 total
3 Deduct salvage Plate glass 45244
burglary and theft 258610 sprinkler
13871 auto property damage 5
47634 total
3934 69
8653 59
Total deductions Plate glass 50429
burglary and theft 611523 sprinkler
49242 auto property damage 5
47634 total
17
5 Net amount paid policy holders for losses Fidelity
20000 surety 12480 plate glass 3991550 burg
lary and theft 5008483 sprinkler 870346 auto
property damage 13567611 total
Investigation and adjustment of claims viz Surety
5000 burglary and theft 225988 sprinkler
55218 auto property damage 944559 total
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Liability 168431 fidelity 588261 surety 23
55926 plate glass 3372455 burglaTy and theft
4261446 sprinkler 626076 auto property damage
10079539 fly wheel 10477 total
28 Salaries fees and all other compensation of officers
directors trustees and home office employees includ
ing traveling expenses
29 Salaries travelingand all other expenses of agents not
paid by commissions
247292 98
12588 28
234704 70
12307 65
211047 95
61209 14
17510 21894
ComptrollerGenerals Report
31 Inspections other than medical and claim 4986 72
32 Rents including 100000 for companys occupancy of
its own buildings 2702 07
35 State taxes on premiums 7481 70
36 Insurance department licenses and fees 7091 89
37 All other licenses fees and taxes Federal corporation
tax 508 00
39 Capital stock tax 6900 00
40 Municipal and county 645 35
42 Legal expenses 1695 32
43 Advertising 6656 85
44 Printing and stationery 31135 13
45 Postage telegraph telephone and express 8310 96
46 Furniture and fixtures 7 736 12
47 Stockholders for interest or dividends amount declared
during the year 60000 00
49 Sundry expenses 5230 24
50 Investment expense 205 50
56 Total disbursements 688065 50
IVLedger Assets
2 Mortgage loans on real estate 632781 25
3 Loans secured by pledge of bonds stocks or other col
laterals 103000 00
4 Book value of bonds 104940109 and stocks 510
03440 total 1559435 49
5 Cash in companys office 191 39
6 Deposits in trust companies and banks not on interest 56087 01
7 Deposits in trust companies and banks on interest 107747 85
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1912 Liability 1660480
fidelity 523470 surety 2104541
plate glass 2518944 burglary and
theft 2781095 sprinkler 975999
fly wheel 91134 auto property dam
age 7421946 totals 180776 09
On policies or renewals issued prior to
Oct 1 1912 Liability 139104 fidel
ity 64253 suTety 496461 plate
glass 144418 burglary and theft 2
49379 sprinkler 85522 fly wheel
13200 auto property damage 12
37249 total 23295 86
24 Total
205071 95COMPTROLLEBGrENEEAL S KePOET
895
25 Bills receivable and suspense accounts
27 Advance traveling expenses
6215 60
200 00
30 Ledger assets 2670730 54
NonLedger Assets
31 Interest accrued on mortgages i
32 Interest accrued on bonds
33 Interest accrued on collateral loans
34 Interest accrued on other assets Bank balances
39 Market value not including interest in item 32 of
bonds and stocks over book value
41 Due from reinsurance companies
14628 84
13893 74
610 46
290 79
5609 51
1700 08
43 Gross assets 2707463 96
Deduct Assets Not Admitted
45 Bills receivable and suspense accounts 6215 60
49 Premiums in course of collection written
prior to Oct 1 1912 24295 86
52 Advance traveling expenses 200 00
Total
56 Admitted assets
30711 46
VLiabilities
1 Losses and claims adjusted Surety 3892 40
2 Losses and claims reported or in process of adjustment
Surety 98200 plate glass 170632 burglary and
theft 478400 sprinkler 12750 auto property
damage 1890695 total 26506 77
3 Losses and claims resisted Burglary and theft 3
95700 auto property damage 1058324 total 14540 24
4 Total losses and claims Surety 487440 plate glass
170632 burglary and theft 874100 Sprinkler
12750 auto property damage 2949019 total 44939 41
5 Dedust reinsurance Burglary and theft 100000
sprinkler 625 total 1006 25
6 Net unpaid claims except liability claims Surety 4
87440 plate glass 170632 burglary and theft 7
74100 sprinkler 12125 auto property damage 29
49019 total 43933 16896
ComptrollerGenerals Eeport
7 Estimated expenses of investigation and adjustment of
unpaid claims Surety 24372 plate glass 8532
burglary and theft 38705 sprinkler 606 auto
property damage 147451 total
8 Total losses and claims Surety 511812 plate glass 1
79164 burglary and theft 812805 sprinkler
12731 auto property damage 3096470 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 78666546
unearned premiums fifty per cent 393332 73
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 8415654
unearned premiums pro rata 52990 81
2196 66
46129 82
46129 82
23 Total unearned premiums as shown by recapitulation 446323 54
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1912 viz Liability 415120 fidelity
157041 surety 526135 plate glass 755683
burglary and theft 834329 sprinkler 244000 fl
wheel 22784 auto property damage 1855486
total 48105 78
29 Salaries rents expenses bills accounts fees etc due
or accrued 868 22
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 9134 15
35 Reinsurance 17946 95
36 Advance premiums one hundred per cent 804 76
46 Total amount of all liabilities except capital 569313 22
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 1107439 28
49 Surplus as regards policyholders 2107439 28
50 Total liabilities 2676752 50
Business in The State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Liability 120050 fidelity
27500 surety 199679 plate glass 79466 burgCOMPTROLLERGENERAL S REPORT
897
lary and theft 152973 sprinkler 109825 auto
mobile property damage 1298202 total 19876 95
Gross losses paid Plate glass 37788 burglary and theft
13200 sprinkler 25291 automobile property dam
age 156003 total 2322 82
ALABAMA FIDELITY AND CASUALTY COMPANY OF
MONTGOMERY ALABAMA
T E Lovejoy President J W Kelly Secretary
Home office Bell Building Montgomery Alabama
T C Sherry 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 347215 35
3 Increase of paidup capital during the
year 7140 00

Extended at
IIIncome
1 Gross premiums written and renewed during the year
Accident 4130135 health 2752471 fidelity 17
566 31 surety 452033 plate glass 371392
burglary and theft 1086364 industrial 2350035
total
2 Deduct reinsurance Accident 95894
health 62713 fidelity 11368 burg
lary and theft 8900 total 1788 75
3 Deduct return premiums on policies can
celled Accident 387320 health
263863 fidelity 19896 plate glass
3720 burglary and theft 65732
total 7405 31
4 Deduct premium on policies not taken
Accident 958795 health 704111
fidelity 136525 surety 3942 plate
glass 65317 burglary and theft 1
75318 industrial 4847 total 20488 55
354355 35
5 Total deductions Accident 1442009 health 10
30687 fidelity 167789 surety 3942 plate glass
128990 61898
ComptbollebGeneeals Eepoet
69037 burglary and theft
4847 total
249950 industrial
6 Net premiums Accident 2688126 health 1721784
fidelity 1588842 surety 448091 plate glass 3
02355 burglary and theft 836414 industrial 23
45188 total
20 Policy fees required or represented by applications
22 Gross interest on mortgage loans less
24750 actual interest on mortgages
acquired during 1912
23 Gross interest on collateral loans
24 Gross interest on bonds and dividends on
stocks less 55045 accrued interest on
bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
6372 18
939 29
5473 55
1117 1
30 Total gross interest and rents
31 From other sources premium on stock sold 719000
amount due bond agents 2683197 total
39 Total income
IIIDisbursements
1 Gross amount paid for losses Accident 794684
health 1010144 fidelity 11044 surety 50190
plate glass 78138 burglary and theft 50114 in
dustrial 15185 94 total
2 Deduct reinsurance Accident 3571
health 70497 total 740 68
3 Deduct salvage Fidelity 11044 plate
glass 247 total 113 91
4 Total deduction Accident 3571 health 70497 fidel
ity 11044 plate glass 247 total
5 Net amount paid policyholders for losses Accident 7
91113 health 939647 surety 50190 plate glass
77891 burglary and theft 51114 industrial 15
L8594 total
17 Investigation and adjustment of claims viz Accident
32240 surety 5865 burglary and theft 250 total
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 944948 health 553839 fidelity 2
51397 surety 88900 plate glass 73158 burglary
and theft 234680 industrial 775286 total
29682 61
99308 00
19 61
17790 14
34021 97
151139 72
35129 08
853 50
34275 49
3 S3 55
20222 08ComptrollerGeneral s Report
899
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
32 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Municipal premium
taxes 5434 municipal licenses 47655 state county
and city corporation tax 318262 total
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Other disbursements Interest to bond agents 81402
general expense office expense 154740 adjusting
entries 27344 total
56 Total disbursements
24 Total
25 Bills receivable
27 Agents balances
30 Ledger assets
24137 75
5979 28
113 63
1403 ii
307 74
1807 50
3713 51
1949 64
2432 73
2547 61
1841 99
437 48
2634 86
113188 44
IVLedger Assets
2 Mortgage loans on real estate first liens 11989665
other than first 222505 total 122121 70
3 Loans secured by pledge of bonds stocks or other col
lateral 14100 00
4 Book value of bonds 11636250 and stocks 38
000 00 total 154362 50
6 Deposits in trust companies and banks not on interest 29932 29
7 Deposits in trust companies and banks on interest tiine
deposits 46223 28
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1912 Accident 583298
health 431280 fidelity 323131
surety 37956 plate glass 123420
burglary and theft 284024 total 17831 09
On policies or renewals issued prior to
Oct 1 1912 Accident 77983 health
67665 fidelity 28000 surety
25500 plate glass 5712 burglary
and theft 2897 total 1847 57
19678 66
937 67
4950 53
392306 63900
ComptrollerGenerals Report
NonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds
33 Interest accrued on collateral loans
34 Interest accrued on other assets Time
deposit certificates
Total
1816 47
933 33
509 20
1514 60
4773 60
43 Gross assets 397080 23
Deduct Assets Not Admitted
44 Companys stock owned
45 Bills receivable
49 Premiums in course of collection written
prior to Oct 1 1912
52 Agents balances
500 00
937 67
1847 57
4950 53
35 Total
4 Total losses and claims Accident 90900 health
74200 fidelity 3500 plate glass 18100 burglary
and theft 25700 industrial 181200 total
5 Deduct reinsurance Health
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 7099122
unearned premiums fifty per cent 35495 59
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 420601
unearned premiums pro rata 297884
22
8235 71
56 Admitted assets 388844 46
VLiabilities
1 Losses and claims adjusted Accident 8500 health
21192 plate glass 3117 burglary and theft
14690 industrial 43263 total
2 Reported or in process of adjustment Accident 82400
health 53008 fidelity 3500 plate glass 14983
burglaTy and theft 11010 industrial 137937 total
907 62
3028 38
3936 00
26 88
3909 12
23 Total unearned premiums as shown by recapitulation 38474 43ComptrollerGeneral s Eeport
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1912 viz Accident 181316 health
133680 fidelity 78982 surety 9489 plate glass
37026 burglary and theft 85207 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 Due bond agents
46 Total amount of all liabilities except capita
47 Capital actually paid up in cash 250000 00
48 Surplus over all liabilities 60330 41
49 Surplus as regards policyholders
50 Total liabilities 388844 46
Business in The State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident 114173 health
85106 plate glass 18973 steam boiler 2000 in
dustrial 462593 total 6828 45
Gross losses paid Accident 45001 health 20107 plate
glass 8000 industrial 203860 total 2769 68
901
5257 00
913 75
2500 00
218 68
409 10
26831 97
78514 05
310330 41
AMEEICAN BONDING COMPANY OF BALTIMORE MARYLAND
George Cator President Vm E P Duvall Treasurer
Home Office Equitable BuildingCalvert and Fayette Sts
Baltimore Maryland
Edwin Hass 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 2891319 03
Extended at 2891319 03902
ComptrollerGeneral s Eeport
ITIncome
1 Gross premiums written and renewed during the year
Fidelity 39518073 surety 119649186 burglary
and theft 28103213 total 1872704
2 Deduct reinsurance Fidelity 2192150
surety 11121335 burglary and theft
2422823 total 157363 08
3 Deduct return premiums on policies can
celled Fidelity 2298674 surety
5379645 burglary and theft 19
24828 total 96031 47
4 Deduct premium on policies not taken
Fidelity 1582988 surety 8407764
burglary ad theft 3828343 total 138190 95
5 Total deductions Fidelity 6073812 surety
08744 burglary and theft 8175994 total
240
391585 50
6 Net Premiums Fidelity 33444261 surety 94740442
burglary and theft 19927219 total 1481119 22
24 Gross interest on bonds and dividends on
stocks less 47188 accrued interest on
bonds acquired during 1912 85547 4
25 Gross interest on deposits in trust com
panies and banks 6953 16
27 Salvage 922 09
28 Branch office bank accounts 209 68
29 Gross rents from companys property 240 00
30 Total gross interest and rents
31 From other sources Income from investments of col
lateral deposits during year 971821 interest and
expenses paid on collateral deposits during year 7
26420 total
34 Advance premiums Dec 31 1912 970383 advance
premiums Dee 31 1911 543784 total
37 Gross profit on sale or maturity of ledger assets viz
Bonds 185000 stocks 104577 total
38 Gross increase by adjustment in book value of ledger
assets viz Bonds 99795 storks 030000
93872 77
245 ol
4265 99
2895 77
7297 95
39 Total income 1591905 71
IIIDisbursements
1 Gross amount paid for losses Fidelity 10072397
surety 30327885 burglary and theft 10039662
total 504399 44ComptrollerGeneral s Report
903
2 Deduct reinsurance Fidelity 45254
surety 1668200 burglary and theft
1357190 total 30706 44
3 Deduct salvage Fidelity 1393568
surety 7822171 burglary and theft
136535 total 93522 74
4 Total deduction Fidelity 1438822 surety 9490371
burglary and theft 1493725 total 124229 18
5 Net amount paid polieyholders for losses Fidelity 86
33575 surety 20837514 burglary and theft 85
45937 total 380170 26
17 Investigation and adjustment of claims viz Fidelity
428904 surety 1942121 burglary and theft 5
70877 total 29419 02
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 7226130 surety 19275536 burglary and
theft 5857368 total 323590 34
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 157324 22
29 Salaries traveling and all other expenses of agents not
paid by commissions 236840 29
31 Inspections other than medical and claim 5406 65
32 Rents 16038 87
34 Taxes on real estate 2315 01
35 State taxes on premiums 28830 24
36 Insurance department licenses and fees 15418 14
37 All other licenses fees and taxes Federal corporation
tax 158192 municipal licenses 2433 85 tax on
capital stock etc 2198520 total 26000 97
42 Legal expenses 9983 82
43 Advertising 4707 98
44 Printing and stationery 18085 48
45 Postage telegraph telephone and express 13507 89
46 Furniture and fixtures 8691 51
47 Stockholders for interest or dividends amount declared
during the year 120000 00
49 General miscellaneous expenses 28868 16
50 Depreciation in market value of Collateral deposit invest
ments during year 1532 50
53 Agents balances charged off 655 77
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 2683000 stocks 27500 total 27105 00
56 Total disbursements 1454492 12904
OomptbollerGenekals Beport
IVLedger Assets
Book value of real estate
Mortgage loans on real estate first liens
Book value of bonds 189580300 and stocks 67
60000 total
Cash in companys office
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1912 Fidelity 2833715
surety 16251950 burglary and theft
4404778 total 234904 43
On policies or renewals issued prior to
Oct 1 1912 Fidelity 1024014 surety
15536386 burglary and theft 4
47728 total 170081 28
146646 77
8607 15
1963403 00
3765 57
10000 00
463215 26
24
28
Total
Due by suspended banks and trust companies 666775
extended at
404985 71
28109 16
30 Ledger assets 3028732 62
32
36
43
49
55
56
NonLedger Assets
Interest due 252000 and accrued 11
65530 on bonds 1417 30
14175 30
Total
Gross assets 3042907 92
Deduct Assets Xot Admitted
Premiums in course of collection written
prior to Oct 1 1912 170081 28
170081 28
Total
Admitted assets 2S72826 64
VLiabilities
Losses and claims reported or in process of adjustment
Fidelity 4405168 surety 10039668 burglary
and theft 1529920 total
159747 56ComptrollerGeneral s Beport
3 Losses and claims resisted Fidelity 4271518 surety
18001049 burglary and theft 1720200 total
4 Total losses and claims Fidelity 8676686 surety
28040717 burglary and theft 3250120 total
5 Deduct reinsurance Fidelity 214600 surety 11
09086 burglary and theft 1056800 total
6 Net unpaid claims except liability claims Fidelity 84
62086 surety 26931631 burglary and theft 21
93320 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Fidelity 517500 surety 2130000
burglary and theft 145800 total
8 Total losses and claims Fidelity 8979586 surety
29061631 burglary and theft 2339120 total
Id Total unpaid claims and expenses of settlement
20 Gross premiums less reinsurance upon
all unexpired excise risks written in
New York State running one year or
less from date of policy 4971631
unearned premiums seventyfive per
eent 37287 23
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 1294
65025 unearned premiums fifty per
eent 647325 13
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 201
74769 unearned premiums pro rata 106036 36
905
239927 67
399675 23
23804 86
375870 37
27933 00
403803 37
403803 37
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 1912 viz Fidelity 566743 surety
3071753 burglary and theft 865516 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
790648 72
45040 12
1500 00
23500 00
6383 02906 ComptrollerGenerals Eeport
35 Reinsurance 21651 48
36 Advance premiums one hundred per cent 9703 83
46 Total amount of all liabilities except capital 1302230 54
47 Capital actually paid up in cash 750000 00
48 Surplus over all liabilities 820596 10
49 Surplus as regards policyholders 1570596 10
50 Total liabilities 2872826 64
Business in The State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Fidelity and surety 18
71655 burglary and theft 133564 total 20052 19
Gross losses paid Fidelity and surety 8390 burglary and
theft 37942 total 463 32
AMERICAN CASUALTY COMPANY OF READING PA
E 1 Van Reed President Harvey II Shomo Secretary
Win A Wright Attorney for Service in Georgia
I Capital Stock
1 Amount of capital paid up
in cash 325000 00
2 Amount of ledger assets as per balance
December 31 of previous year 550734 18
3 Increase of paid up capital during the
year
25000 00
Extended at 575734 18
11Income
1 Gross premiums written and renewed during the year
Accident and health 19067416 liability 75
10679 plate glass 1711027 steam boiler 4
41135 burglary and theft 1415581 auto property
damage 2906018 total 360518 56
2 Deduct reinsurance Accident and health
100405 burglary and theft 12290
total 1A26 95ComptrolleeGknekals Kepobt
907
3 Deduct return premiums on policies can
celled Accident and health 74575
liability 282206 plate glass 78901
steam boiler 13778 burglary and
theft 77797 auto property damage
189775 total 7170 32
4 Premium on policies not taken Accident
and health 2104908 liability 15
986 51 plate glass 1122321 steam
boiler 113741 burglary and theft
3268 04 auto property damage
820358 total 60867 83
5 Total deductions Accident and health 22798 88
liability 1880857 plate glass 1201222 steam
boiler 127519 burglary and theft 416891 auto
property damage 1010133 total
6 Net premiums Accident and health 16787578 liability
56298 22 plate glass 3509805 steam boiler 3
13616 burglary and theft 9986 90 auto property
damage 18958 85 total
22 Gross interest on mortgage loans 9251 61
24 Gross interest on bonds and dividends on
stocks less 2467 accrued interest on
bonds acquired during 1912 10843 68
25 Gross interest on deposits in trust com
panies and banks 330 24
26 Gross interest from all other sources
Bills receivable 50
29 Gross rents from companys property 1533 70
30 Total gross interest and rents
31 From other sources Commission on bonding business
written
33 Surplus on sale of capital stock
37 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Total income
69165 10
291353 46
21965 73
929 64
12500 00
360 00
327108 83
Tl 1Disbursements
1 Gross amount paid for losses Accident and health 78
11459 liability 3432033 plate glass 1817746
steam boiler 37622 burglary and theft 474851
auto property damage 1482242 totalft
150565 51908
ComptrollerGenerals Eeport
2 Deduct reinsurance Accident and health
30892 total
308 92
4 Total deduction Accident and health
5 Net amount paid policyholders for losses Accident and
health 7780565 liability 3432633 plate glass
1817746 steam boiler 37622 burglary and theft
474851 auto property damage 14822 42 total
17 Investigation and adjustment of claims viz Accident
and health 196225 liability 587148 plate glass
1400 burglary and theft 16641 auto property
damage 163938 total
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health 4591988 liability 1551168
plate glass 1295426 steam boiler 60983 burglary
and theft 273328 auto property damage 669062
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
i paid by commissions
30 Medical examiners fees and salaries
31 Inspections other than medical and claim
32 Bents
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
39 Pennsylvania tax on capital stock
43 Advertising printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
47 Stockholders for interest or dividends amount declared
during the year
48 Other disbursements subscriptions
50 Sundry expense
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
Bonds
56 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
4 Book value of bonds
5 Cash in companys office
308 92
150256 59
9653 5S
84419 55
20564 70
13934 93
385 20
2089 OS
3937 81
1129 85
523 50
3857 86
1542 50
2625 00
6707 i0
2742 07
486 14
21000 00
554 50
555 53
2011 09
17 50
328993 98
42850 00
187940 00
215730 59
2153 09
1
COMPTROLLERGrElSrEKALS REPORT
909
6 Deposits in trust companies and banks not on interest 28447 27
7 Deposits in trust companies and banks on interest 54982 76
8 Premiums in course of collection viz On
policies or renewals issued on or after
Oct 1 1912 Accident and health
1276344 liability 848303 plate
glass 807110 steam boiler 20491
Burglary and thefti 175759 auto
property damage 337855 totals 34658 62
On policies or renewals issued prior to
Oct 1 1912 Accident and health 1
523 83 liability 189331 plate
glass 194257 steam boiler 10722
burglary and theft 61700 auto prop
erty damage 31697 total 6400 90
24 Total 41059 52
25 Bills receivable 685 80
30 Ledger assets 573849 03
NonLedger Assets
31 Interest due 5200 and accrued 194031
on mortgages 1992 31
32 Interest due 22400 and accrued 2
62670 on bonds 2850 70
37 Bents due 123 00
38 Market value of real estate over book
value 5150 00
42 Total 10116 01
43 Cross assets 583965 04
Deduct Assets Not Admitted
44 Companys stock owned 685 80
49 Premiums in course of collection written
prior to Oct 1 1912 6400 90
51 Book value of ledger assets over market
value viz Bonds 401 45
55 Total 7488 15
56 Admitted assets 576476 89910
CompteollebGeneeals Kepoet
VLiabilities
Losses and claims reported or in process of adjustment
Accident 579102 plate glass 159714 burglary
and theft 100000 auto property damage 40000
total 8788 16
Total losses and claims Accident 579102 plate glass
159714 burglary and theft 100000 auto property
damage 40000 total 87S8 16
Net unpaid claims except liability claims Accident 5
79102 plate glass 159714 burglary and theft 1
00000 auto property damage 40000 total 8788 16
8 Total losses and claims Accident 579102 plate glass
1597 14 burglary and theft 100000 auto property
damage 40000 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 16609045
unearned premiums fifty per cent 831 45 21
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 17
37703 unearned premiums pro rata Mi 72
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 1912 viz Accident and health 4
55918 liability 268948 plate glass 300834
steam boiler 603 burglary and theft 00002 auto
property damage 01741 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 Reinsurance
36 Advance premiums one hundred per cent
46 Total amount of all liabilities except capital
8788 16
39061 39
47S49 55
91112 93
11535 38
268 57
3404 35
259 41
S3 70
154513 89
CompteollebGeneeals Refobt 911
47 Capital actually paid up in cash 325000 00
48 Surplus over all liabilities 96963 00
49 Surplus as regards polieyholders 421963 00
50 Total liabilities 576476 89
Business in The State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident and health 747479
fidelity 230876 plate glass 176368 burglary and
theft6267 total 12241 54
Gross losses paid Accident and health 480653 fidelity
88495 plate glass 73567 total 6427 15
THE AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK
E M Treat President Jos J Gross Secretary
ICapital Stock
1 Amount of capital paid up
in cash 350000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1538631 22
4 Extended at 1538631 22
IIIncome
5 Gross premiums 785832 41
6 Deduct gross amount paid for reinsurance
credit 218750 return premiums
credit 1241119 premiums on policies
not taken 2339083 total 37990 12
7 Total premiums other than perpetual 747842 29
11 Gross interest on bonds and dividends on
stocks accrued interest on bonds acquir
ed during 1912
12 Gross interest on deposits in trust com
panies and banks
13 Gross interest from all other sources Bills
receivable
15 Premium notes
48677 82
447 46
37 59
2822 75
17 Total gross interest and rents
28 Total income
51985 62
799827 91912
ComptrollerGeneral s Eeport
IIIDisbursements
1 Gross amount paid poiieyholders for
losses 576959 58
2 Deduct amount received for salvage credit 4962 59
3 Net amount paid poiieyholders for losses 571996 99
4 Expenses of adjustment and settlement of losses 16878 40
5 Commissions or brokerage 186929 47
7 Salaries 22352 83
8 Salaries fees and all other eharges of officers directors
trustees and home office employees 51108 68
9 Rents 10136 76
10 Advertising 710604 printing and stationery 3
42758 total 10533 62
11 Postage telegrams telephone and express 4888 57
12 Legal expenses 7404 78
20 State taxes on premiurns 13821 99
21 Insurance department licenses and fees 1566 30
22 All other licenses fees and taxes State county and
municipal tables 2668 03
State and municipal licenses 1334 35
23 Other disbursements Traveling expenses 1818 81
25 Mercantile agencies 2400 00
26 Miscellaneous expenses 1877 11
27 Country exchange 589 46
38 Agents balances charged off net adjustment of agents
balances 5962 67
39 Gross loss on sale or maturity of ledger assets viz
Bonds 7760 29
41 Total disbursements 922029 11
IVLedger Assets
4 Book value of bonds 99471458 and stocks 22897500
total 1223689 58
5 Cash in companys office 21 48
7 Deposits in trust companies and banks on interest 29225 77
10 Bills receivable 10679 20
13 Premium notes 84100 13
14 Office furniture and fixtures 45296 07
15 Agents balances debit 2799646 credit 457867 23417 79
16 Total ledger assets 1416430 02ComptrollerGenerals Report
913
NonLedger Assets
18 Interest due and accrued on bonds 12552 71
20 Interest on other assets Premium notes
not past due 433 42
26 Market value not including interest in
item 18 of stocks over book value 125 00
30 Gross assets 1 429 541 15
Deduct Assets Not Admitted
32 Agents balances 27 996 46
33 Furniture fixtures and safe 45 296 07
36 Premium notes past due 25 944 38
39 Bills receivable 10 679 20
40 Bonds 92539 58
41 Total admitted assets 4 227 085 46
VLiabilities
2 Gross claims for losses in process of ad
justment or in suspense plus 991900
reserve for losses incurred prior to Dec
31 of which no notice had been receiv
ed on that date 9 919 00
3 Gross claims for losses resisted 822 00
4 Tta 21741 00
5 Special reserve for unpaid claims 286073 38
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
risks running one year or less from date
of policy 70443366 unearned prem
iums pro rata 350746 35
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired
risks running more than one year from
date of policy 238854 unearned
premiums pro rata 2288 73
11 Total unearned premiums as computed above
18 Salaries rents expenses bills accounts fees etc due
or accrued estimated
307814 38
353035 08
2000 00914
ComptrollerGenerals Report
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 be
come due to agents and brokers
24 Beserve for outstanding guarantees to policyholders
25 Advance premiums one hundred per cent
11671 11
5314 75
6421 47
400 00
26 Total amount of all liabilities except capital 686656 79
27 Capital actually paid up in cash 350000 00
28 Surplus over all liabilities 190428 67
29 Surplus as regards policyholders
30 Total liabilities
VIRisks and Premiums
1 In force on the 31 day of December as per line 5 under
this heading in last years statement
2 Written or renewed during the year per income No 5
540428 67
1227085 46
754137 26
785832 41
4 Total 1339969 67
5 Deduct those expired and marked off as terminated 830959 97
6 In force at the end of the year 709009 70
7 Deduct reinsurance schedule required 2189 50
8 Net amount in force 706822 2d
Business in The State of Georgia During the Year
29 Gross premiums on risks written
Less return premiums for reinsurance in companies
authorized in Georgia
Net premiums received
30 Losses paid deducting salvage
Net losses paid
31 Losses incurred
10909 17 7 50
10159 17 12141 67
12141 67 12141 67
Net losses incurred 12141 6ComptrollerGenerals Eeport
915
AMERICAN NATIONAL INSURANCE COMPANY OF
GALVESTON TEXAS
ITIncome
1 Gross premiums written and renewed during the year
Accdent 8909094 health 6791557 total 157006 51
2 Deduct reinsurance Accident 8024
3 Deduct return premiums on policies can
celled Accident 25114 health
25114 total 502 28
5 Total deductions Accident 33138 health 25114
total n kq
6 Net premiums Accident 8875956 health 67
66443 total 156423 99
20 Policy fees required or represented by applications 77745 00
35 From life statement 2 821 648 83
39 Total income
3055817 82
ITTDisbursements
1 Gross amount paid for losses Accident8286973 health
0084396 total
5 Net amount paid policyholders for losses Accident
86973 health 6084396 total
17 Investigation and adjustment of claims viz Accident
120518 health 120518 total
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 4003171 health 3281575 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
32 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
143713 69
113713 69
2410 37
77139 50
72847 40
7813 61
20 00
643 45
693 48
412 8S
394 61
356 24
2055 66
1575 33
228 08
916
ComptrollerGenerals Eeport
48 Other disbursements
49 Branch office expense
50 Exchange
51 Petty office expense
52 Bond fees
1773 71
2 15
112 29
10 00
Total
53 Agents balances charged off
55 Gross decrease by adjustment in book value of ledger
assets viz From life statement
1898 15
5245 22
955808 40
56 Total disbursements 1273256 13
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 11500 health 20200 total
3 Losses and claims resisted Accident
8 Total losses and claims Accident 538166 health
20200 total
20 Total unpaid claims and expenses of settlement
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after Oct 1 1912
36 Advance premiums one hundred per cent
45 Prom life statement
317 00
5266 66
5583 66
5583 66
582 65
3272 20
1302046 75
46 Total amount of all liabilities except capital 1311485 26
47 Capital actually paid up in cash 250000 00
48 Surplus over all liabilities 284696 92
49 Surplus as regards policyholders
50 Total liabilities
534696 92
1846182 18
AMERICAN SURETY COMPANY OF NEW YORK
P W Lafrentz President H B Zeverly Secretary
Home Office 100 Broadway New York N Y
Marion M Jackson Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 5000000 00ComptrollerGenerals Report 917
2 Amount of ledger assets as per balance
December 31 of previous year 8767543 22
3 Increase of paid up capital during the
year 2500000 00
Extended at 11267543 22
LIIncome
1 Gross premiums written and renewed during the year
Fidelity 138366776 surety 217066032 total 3554328 08
2 Deduct reinsurance Fidelity 6175849
surety 7193958 totals 133698 07
3 Deduct return premiums on policies can
celled Fidelity 13502373 surety
33219377 total 467217 50
4 Deduct premium on policies not taken
Fidelity 5778223 surety 11611298
total 173895 21
5 Total deductions Fidelity 25456445 surety 520
24633 total 774810 78
6 Net premiums Fidelity 112910331 surety 1650
41399 total 2779517 30
22 Gross interest on mortgage loans 9762 50
23 Gross interest on collateral loans 330 80
24 Gross interest on bonds and dividends on
stocks 182358 41
25 Gross interest on deposits in trust com
panies and banks 17262 96
26 Gross interest from all other sources
Collected on a salvage debt 188342
past due premiums 1939 past due
rents 4800 total 1950 81
28 Total gross interest 211665 48
29 Gross rents from companys property in
eluding 4380000 for companys occu
pancy of its own buildings 315072 60
30 Total gross interest and rents 526738 08
31 From other sources Increase in liability for reinsurance 43611 99
37 Gross profit on sale or maturity of ledger assets viz
Bonds 124048 stocks 247500 total 3715 48
38 Gross increase by adjustment in book value of ledger
assets viz Eeal estate 313952 09
39 Total income 3667534 94918
ComptrollerGenerals Report
IIIDisbursements
1 Gross amount paid for losses Fidelity 41851119
surety 55886298 total
2 Deduct reinsurance Fidelity 9052
surety 3002915 total 30119 67
3 Deduct Salvage Fidelity 13490159
surety 22309154 total 357993 13
4 Total deductions Fidelity 13499211 surety 253
12069 total
977374 17
3SS112 SO
5 Net amount paid policyliolders for losses Fidelity 283
51908 surety 30574229 total 589261 37
17 Investigation and adjustment of claims viz Fidelity
1847239 surety 2629925 total 44771 64
21 Outlays on unlisted assets as per schedule X 837 25
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 9808494 surety 20027420 total 298359 14
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 330973 52
29 Salaries traveling and all other expenses of agents not
paid by commissions 765394 02
31 Inspections other than medical and claim 14295 88
32 Kents including 4380000 for companys occupancy of
its own buildings 45902 50
33 Repairs and expenses other than taxes on real estate
including rent of building leased for 99 years 189858 13
34 Taxes on real estate 7686 I 85
35 State taxes on premiums 39075 98
36 Insurance department licenses and fees 16887 36
37 All other licenses fees and taxes Federal corporation
tax 479607 tax on increase of capital 125000
municipal taxes 427703 internal revenue taxes
377791 total 14101 01
42 Legal expenses 1964 91
43 Advertising 9142 16
44 Printing and stationery 33120 17
45 Postage telegraph telephone and express 38404 53
46 Furniture and fixtures 122s 08
47 Stockholders for interest or dividends amount declared
during the year 2875000 00
17L Decrease in advance premiums 3078 18
48 Other disbursements Checks of other parties in process
of collection Dec 31 1911Cashed 3164 50
49 Reference and guide books 143814 traveling expenses
844801 references 34345 law library 38930CoMPTROLLERGrEJJERAL s REPORT
919
petty expenses 311018 stock registration 25000
traveling auditors 156575 increase of capital
14595 surety association expenses 143931 Towner
rating bureau 276499 collection fees 173820
Convention expenses 163568 total 23268 96
32 Investment expenses brokerage 294615 tax on invest
ments 1400 total 2960 15
54 Gross loss on sale or maturity of ledger assets viz
Bonds 1768000 stocks 1933750 37017 50
56 Total disbursements 5466283 85
1 VLedger Assets
1 Book value of real estate 1
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 192008882 and stocks 2
493575 13
5 Cash in companys office and agencies
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 1912 Fidelity 10336679
surety 24307069 totals 346437 48
On policies or renewals issued prior to
Oct 1 1912 Fidelity 1113181
surety 19492145 total 206053 26
3480000 00
195250 00
11026 36
4413663 95
7216 79
182147 81
626998 66
24 Totals
552490 74
30 Ledger assets
9468794 31
NonLedger Assets
31 Interest accrued on mortgages 1720 86
32 Interest accrued on bonds 20735 82
83 Interest accrued on collateral loans 148 o
34 Interest accrued on other assets Bank de
posits Banco Central Mexicano Mexico
City Mexico 83332 Banco le Tamau
lipas Tuxpam Mexico 15000 Banco
de Jalisco Jalisco Mexico 12500
The Molsons Bank Montreal Canada
15000 First National Bank Albuquer
que New Mex 6667 total 9241 07920
ComptrollerGenerals Eeport
37 Rents due 800773 and aecrued 1
23334 on companys property or
lease
9i241 07
42 Total
43 Gross assets
33171 59
Deduct Assets Not Admitted
9501965 90
49 Premiums in course of collection written
prior to Oct 1 1912 206053 26
51 Book value of ledger assets over market
value viz Bonds and stocks 212067 95
55 Special deposits to secure liabilities as per
special deposit 596146 00
56 Total
57 Admitted assets
1014267 21
8487698 69
VLiabilities
2 Losses and claims reported or in process of adjustment
Fidelity 14658868 surety 32491433 total
3 Losses and claims resisted Fidelity 14710514 surety
10597997 total
4 Total losses and claims Fidelity 29369382 surety
43089430 total
5 Deduct reinsurance Surety
6 Net unpaid claims except liability claims Fidelity
29369382 surety 41250321 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Fidelity 1500000 surety 1500000
total
8 Total losses and claims Fidelity 30869382 surety
42750321 total 0
19 Total unpaid claims and expenses of settlement
20 Gross premiums less reinsurance upon
all unexpired excise risks written in
New York State running one year or
less from date of policy 8179764 un
earned premiums seventyfive per cent 61348 23
471503 01
253085 11
72458 12
18391 09
700197 03
30000 00
736117 03
730197 03ComptrollerGenerals Report 921
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 2752
48140 unearned premiums fifty per
cent 1376240 70
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 386
15035 unearned premiums pro rata 221799 04
23 Total unearned premiums as shown by recapitulation 1659387 17
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Fidelity 1187361
surety 2064720 total 32520 81
29 Salaries rents expenses bills accounts fees etc due
or accrued 12500 00
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 43551 46
35 Eeinsurance 46823 65
36 Advance premiums one hundred per cent 19820 85
37 Other liabilities viz Reserve for contingent expenses
4292800 checks of other parties in process of col
lection 77753 total 43705 53
44 Total 2594507 30
45 Less liabilities secured by special deposits Unearned
premiums 11967886 unpaid losses 5646535 176144 21
46 Total amount of all liabilities except capital 2418363 09
47 Capital actually paid up in cash 5000000 00
48 Surplus over all liabilities 106933560
49 Surplus as regards polieyholders 6069335 60
50 Total liabilities 8487698 69
Business in The State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Fidelity 1466746 surety
1114049 total 25807 95
dross losses paid Fidelity 227383 surety 12751 total 2401 34922
CompteolleeGexeeals Kepoet
ATLANTIC HORSE INSURANCE COMPANY OF PROVIDENCE R I
William E Tefft President Gaius W Hubbard Secretary
Home Office 74 Weybosset St Providence E 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 31 of previous year 179016 34
IIIncome
1 Gross premiums written and renewed during the year

60 00
6064 13
21128 49
5 Total deductions Live stock
Live stock
2 Deduct reinsurance Live stockit
3 Deduct return premiums on policies can
celled Live stock
4 Deduct premium on policies not taken
Live stock
6 Net premiums Live stock
20 Policy fees required or represented by applications
22 Gross interest on mortgage loans
24 Gross interest on bonds and dividends on
stocks less 59014 accrued interest on
bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
26 Cross interest from all other sources
Interest on notes
29 Gross rents from companys property
698 20
705 94
103 78
8 35
544 50
30 Total gross interest and rents
37 Gross profit on sale or maturity of ledger assets viz
Bonds
Stocks
39 Total income
IIIDisbursements
5 Net amount paid policyholders for losses Live stock
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Live stock
96466 50
27252 02
69213 S3
67 00
7056 77
933 61
2125 00
79400 26
28251 53
20448 49ComptrollerGenerals Eeport
923
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 10805 58
29 Salaries traveling and all other expenses of agents not
paid by commissions 3682 54
32 Rents 719 67
33 Repairs and expenses other than taxes on real estate 257 96
34 Taxes on real estate 45 00
35 State taxes on premiums 9C1 05
36 Insurance department licenses and fees 1634 36
42 Legal expenses 1177 14
43 Advertising 589 78
44 Printing and stationery 1479 33
45 Postage telegraph telephone and express 1416 31
46 Furniture and fixtures 610 05
48 Other disbursements Interest on R E mortgage 150 00
50 Veterinary service 2366 49
51 Medicines purchased 101 21
56 Total disbursements
74696 49
IVLedger Assets
Book value of real estate 3251 93
Mortgage loans or real estate first liens 10900 00
Loans secured by pledge of bonds stocks or other col
laterals 650 00
Book value of bonds 9032236 and stocks 26
84958 total 117171 94
Cash in companys office 1574 49
Deposits in trust companies and banks not on interest 2298 76
Deposits in trust companies and banks on interest 91 74
Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1912 Live stock 18542 62
On policies or renewals issued prior to
October 1 1912 Live stock 5755 47
24
25
26
Total
Bills receivable
Other ledger assets viz Statistical records etc

24298 09
83 16
23400 00
30 Ledger assets 183720 11
XonLedger Assets
32 Interest due 66750 and accrued 1
11077 on bonds 1778 27
33 Interest due 3900 and accrued 401 on
collateral loans 43 01924 ComptrollerGenerals Eeport
38 Market value of real estate over book
value 548 07
39 Market value not including interest in
item 32 of bonds and stocks over book
value 6219 56
43 Gross assets 192309 02
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 5755 47
50 Overdue and accrued interest on bonds in
default 373 33
55 Total 6128 80
56 Admitted assets 186180 22
VLiabilities
2 Losses and claims reported or in process of adjustment
Live stock 4451 0
3 Losses and claims resisted Live stock 575 00
4 Total losses and claims Live stock 5026 00
6 Net unpaid claims except liability claims Live stock 5026 00
7 Estimated expenses of investigation and adjustment of
unpaid claims Live stock 500 00
8 Total losses and claims 5526 00
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 7187267
unearned premiums fifty per cent 35936 34
23 Total unearned premiums as shown by recapitulation 35936 34
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Live stock 4220 56
29 Salaries rents expenses bills accounts fees etc due
or accrued 71 50
30 Estimated amount hereafter payable foT federal state
and other taxes based upon the business of the yeaT
of this statement 1500 00
46 Total amount of all liabilities except capital 47254 40ComptrollerGenerals Report 925
47 Capital actually paid up in cash 110000 00
48 Surplus over all liabilities 28925 82
49 Surplus as regards policyliolders 138925 82
50 Total liabilities 186180 22
Business in The State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Live stock 559 50
Gross losses paid Live stock 50 0O
CONTINENTAL CASUALTY COMPANY OF HAMMOND INDIANA

H G B Alexander President Win H Betts Secretary
Home Office Hammond Indiana
General Office Chicago Illinois
Wm 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 2229082 06
Extended at 2229082 06
IIIncome
1 Gross premiums written and renewed during the year
Accident 310771802 health 80768096 total 3915398 98
2 Deduct reinsurance Accident 1167404
health 15370 total 11827 74
3 Deduct return premiums on policies can
celled Accident 1674204 health
445041 total 21192 45
4 Deduct premium on policies not taken
070033 health 13165670 total 612357 03
5 Total deductions Accident 50911641 health 136
26081 total 645377 22
6 Net premiums Accident 259860161 health 671
42015 total 3270021 76
20 Policy fees required or represented by applications 139044 00926
ComptrollerGenerals Report
22 Gross interest on mortgage loans less
15267 accrued interest on mortgages
acquired during 1912 36195 06
23 Gross interest on collateral loans 3900 00
24 Gross interest on bonds and dividends on
stocks 21275 23
25 Gross interest on deposits in trust com
panies and banks 560 59
26 Gross interest from all other sources
Bills receivable 87 08
29 Gross rents from companys property 3497 50
30 Total gross interest and rents 65515 46
36 From agents balances previously charged off 665 81
38 Gross increase by adjustment in book value of ledger
assets viz Bonds 1365 56
39 Total income 3476612 59
IIIDisbursements
1 Gross amount paid for losses Accident 107523147
health 31515747 total 139038894
2 Deduct reinsurance Accident 1086875
health 17377 total 11042 52
4 Total deductions Accident 1080S75 health 17377
total
5 Net amount paid polieyholders for losses Accident
106436272 health 31498370 total
17 Investigation and adjustment of claims viz Accident
2501353 health 396216 total
22 Policy foes retained by agents
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
saelses Accident 50772454 health 13470111
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
32 Pents
34 Taxes on real estate
35 State taxes on premiums
36 Insurance department licenses and fees
11012 52
1379346 12
28j975 69
1390H no
642425 65
357577 79
450920 78
14926 39
60246 84
296 66
52753 48
16170 49ComptrollerGeneral s Keport
927
37 Ail other licenses fees and taxes Federal corporation
tax 60926 publication and filing fees 221190
county and municipal licenses and taxes 372500
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
47 Stackholders for interest or dividends amount declared
during the year
48 Other disbursements General expense 3854320 Bank
exchange 149979 total
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
Bonds
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds
56 Total disbursements
6546 16
45814 05
20387 26
38088 72
39130 19
60000 00
40042 99
29145 11
23 16
67 09
3421901 92
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds 27903292 and stocks 151
15000 total
5 ash 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 1912 Accident 64411773
health 4848197 total 692599 70
24 Total
24 Bills receivable
26 Other ledger assets viz Agents balances 11034741
furniture and fixtures 8886260 cash in hands of P
Ms and Treas in transit 15373310 total
30 Ledger assets i
NonLedger Assets
31 interest accrued on mortgages 8233 09
54147 41
558050 00
60000 00
430182 92
2831 70
13476 79
126990 65
692599 70
8878 94
352943 II
2283792 73928
ComptrollerGeneral s Report
32 Interest accrued on bonds
33 Interest accrued on collateral loans
5055 73
1200 00
37 Total 14488 82
38 Market value of real estate over book value 4727 59
43 Gross assets 2303009 14
Deduct Assets Not Admitted
44 Agents balances 110347 41
45 Bills receivable 8878 94
46 Furniture and fixtures 88862 60
51 Book value of ledger assets over market
value viz Book value of bonds 279
03292 book value of stocks 151
15000 total 43018292 market value
of bonds 25791606 market value of
stocks 15497500 total 41289106 17291 86
55 Total 225380 81
56 Admitted assets 2077628 33
VLiabilities
1 Losses and claims reported it in process of admstnient
Accident 12604701 health 1065654 total 136703 55
3 Losses and claims resisted Accident 5986000 health
172500 total 61585 00
4 Total losses and claims Accident 18590701 health
1238154 total I
5 Deduct reinsurance Accident
6 Net unpaid claims except liability claims Accident
18149701 health 1238154 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 85000 heaWh 15000
total
8 Total losses and claims Accident 182347 01 health
1253154 total
198288 55
4410 00
193878 55
1000 00
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon
all unexpired risks running one year
194878 55
194878 55ComptrollerGenerals Report 929
or less from date of policy 1623
09640 unearned premiums fifty per
eent 811548 20
23 Total unearned premiums as shown by recapitulation 811548 20
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident 10347270
health 1062015 total 114092 85
29 Salaries rents expenses bills accounts fees etc due
or accrued 12341 22
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 30000 00
35 Reinsurance 523 29
36 Advance premiums one hundred per eent 1654 05
37 Other liabilities viz Contingent reserve 150000 00
46 Total amount of all liabilities except capital 1315038 16
47 Capital actually paid up in cash 300000 00
48 Surplus over all liabilities 462590 17
49 Surplus as regards policyholders 762590 17
50 Total liabilities 2077628 33
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or re
newed during the year Accident 3536410 health
1360999 total 48974 09
Gross losses paid Accident 1275549 health 1037799
total 23133 48
THE COLUMBIAN NATIONAL LIFE INSUEANCE COMPANY OF
BOSTON MASS
Arthur E Childs President Wm Ft Brown Secretary
Home office 77 Franklin St Boston Mass
Alfred C Newell Attorney for Service in Georgia
IIIncome
1 Gross premiums written and renewed during the year
Accident 20317808 health 12130424 disability
549968 total 329982 00930
CompteolleeGeneeals Eepoet
2 Deduct reinsurance Accident 394733
health 158770 total 5535 03
3 Deduct return premiums on premiums can
celled Accident 405438 health
254609 total 6600 47
4 Deduct premium on policies not taken
Accident 5233627 health 3318517
total 85521 44
5 Total deductions Accident 6033798 health 3731896
total
6 Net premiums Accident 14284010 health 83
98528 disability 549968 total
20 Policy fees required or represented by applications
97656 94
232325 06
140 00
39 Total income 232465 06
IIIDisbursements
1 Gross amount paid for losses Accident 5444489
health 4034905 disability 30233 total
2 Deduct reinsurance Accident 121659 health
84622 total
5 Net amount paid policyholders for losses Accident 53
22830 health 3950283 disability 30233 total
17 Investigation and adjustment of claims viz Accident
306400 health 75937 total
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 4991428 health 2887430
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
35 State taxes on premiums
36 Insurance department licenses and fees
39 Personal property tax
40 State and city licenses and fees
42 Legal expenses
43 Advertising
44 Printing and stationery
95096 27
2062 81
93033 46
3823 37
140 00
78788 58
22087 38
13039 92
709 00
473 00
5000 66
2596 72
1544 07
5 00
178 00
580 00
1697 10
6322 87ComptbollebGeneeals Eeport
931
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Other disbursements Exchange
50 Home office expense
51 Home office traveling
56 Total disbursements
2431 94
633 79
72 18
2520 09
1937 14
237614 27

IVLedger Assets
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 21
46691 health 1073345 totals
On policies or renewals issued prior to
October 1 1912 Accident 184822
health 92411 total
32200 36
2772 33
24 Total
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to October 1 1912
VLiabilities
2772 33
1 Losses and claims adjusted Accident 27400 health
54857 totali
2 Losses and claims reported or in process of adjustment
Accident 1318044 health 709039 total
3 Losses and claims resisted Accident
Total losses and claims Accident 3013444 health 7
07781 total
20 Total unpaid claims and expenses of settlement3
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 18035982
unearned premiums fifty per cent 90179 92
34972 69
822 57
2027083
16500 00
4 Total losses and claims Accident 2995444 health
763896 total 37593 40
6 Net unpaid claims except liability claims Accident
2963444 health 700781 total 36642 25
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 500 00
37142 25
37142 25
23 Total unearned premiums as shown by recapitulation 90179 92932 ComptrollerGenerals Keport
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident 639910 health
319955 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 Reinsurance
36 Advance premiums one hundred per cent
38 Unarmed disability premiums 50 per cent
50 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or re
newed during the year Accident 577573 health
301477 total
Gross losses paid Accident 140476 health 172365 total
9598 65
592 18
3677 52
1025 00
191 57
2749 84
145156 93
8790 50
3128 41
THE EMPLOYEES INDEMNITY COMPANY OF PHILADELPHIA PA
Frank R Tobey President Frevanion B Dallas Secretary
Home Office 8 W Cor Fourth and Walunt St Philadelphia Pa
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 828610 98
Extended at 828610 98
IIIncome
1 Gross premiums written and renewed during the year
Liability
2 Deduct reinsurance Liability 481 03
3 Deduct return premiums on premiums can
celled Liability 27063 88
4 Deduct premium on policies not taken
Liability 342280 47
1092767 25
Total deductions Liability
369825 38
6 Net premiums Liability 722941 87ComptrollerGeneral s Keport
933
22 Gross interest on mortgage loans 6724 20
24 Gross interest on bonds and dividends on
stocks 18409 98
25 Gross interest on deposits in trust com
panies and banks 252 24
26 Gross interest from all other sources
Interest received on mortgages sold
during 1912 38634 amount expended
in settlement of claims 8859 less
amount received in settlement of claims
2696 total 6163 grand total 324 71
29 Total
38 Gross increase by adjustment in book value of ledger
assets viz Bonds
39 Total income
IIIDisbursements
1 Gross amount paid for losses Liability 397150 69
25711 15
837 48
749490 50
397150 69
140749 50
73295 35
5 Net amount paid policyholders for losses
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Liability
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 small and included in No 45
30 Medical examiners fees and salaries
31 Inspections other than medical and claim
32 Rents including 638721 for companys occupancy of
its own buildings
35 State taxes on premiums
36 Insurance department licenses and fees
42 Legal expenses
43 Advertising printing and stationery
44 Printing and stationery included in No 43
45 Postage telegraph telephone and express general ex
pense
46 Furniture and fixtures
47 Stockholders for interest or dividends amount declared
during the year
49 Traveling expenses
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds
56 Total disbursements 741606 01
2011 23
382 00
6387 21
6593 26
4854 98
58062 29
4831 04
15787 78
1430 41
8000 00
18105 79
3964 48
934
ComptrollerGenerals Report
IVLedger Assets
S Mortgage loans or real estate first liens 162800 00
4 Book value of bonds 36157423 and stocks 38
47575 total 400049 98
5 Cash in companys office 3745 86
6 Deposits in trust companies and banks not on interest 1008 79
7 Deposits in trust companies and banks on interest 31130 95
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Liability 188265 56
On policies or renewals issued Prior to
October 1 1912 Liability 48121 53
24 Total
25 Bills receivable
26 Other ledger assets viz Commissions receivable
30 Ledger assets
NonLedger Assets
31 Interest due 23900 and accrued 1
98314 on mortgages 2222 14
32 Interest due 115600 and accrued 5
10533 on bonds 6261 33
34 Interest accrued on other assets 624 16
35 Total
37 Rents
40 Other nonledger assets viz Furniture and fixtures
43 Gross assets
Deduct Assets Not Admitted
45 Bills receivable t
46 Furniture and fixtures
49 Premiums in course of collection written
prior to Oct 1 1912
51 Book value of ledger assets over market
value
52 Total
56 Admitted assets
321 03
5048 78
48121 53
16114 53
69605 87
236387 09
321 03
1051 70
836495 47
9107 63
5048 78
850651 88
781046 01ComptrollerGenerals Report
935
VLiabilities
17 Special reserve for liability losses and
claims 104498 18
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 63599641
unearned premiums fifty per cent 317998 21
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 59
68895 unearned premiums pro rata 17796 93
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 1912 viz Liability
29 Salaries rents expenses bills accounts fees etc due
or accrued
34 Return premiums
36 Advance premiums one hundred per cent
38 Special contingent reserve
46 Total amount of all liabilities except capital
47 Capita actually paid up in cash 100000 00
48 Surplus over all liabilities 167673 93
49 Surplus as regards policyholders
50 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or re
newed during the year Liability
Gross losses paid Liability
104498 18
335795 14
39566 13
5858 68
3682 80
349 06
23622 09
513372 08
267673 93
781046 01
11208 92
3691 00
UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY
ASSURANCE CORPORATION LTD OF LONDON ENGLAND
United States office 33 Broad St Boston Mass
United States Manager Samuel Appleton
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year 5996519 54
4 Extended at 5996519 54936
ComptrollerGenerals Report
IIIncome
7 Total Premiums other than perpetual written 6446755 96
11 Gross interest on bonds and dividends on
stocks less 994325 accrued interest
on bonds acquired during 1912 198543 26
12 Gross interest on deposits in trust com
panies and banks 158 51
13 Gross interest from all other sources 1625 50
14 Total
25 From agents balances previously charged off
27 Gross increase by adjustment in book value of ledger
assets viz Bonds
200318 27
107 99
1387 50
28 Total income 6648569 75
IIIDisbursements
3 Net amount paid polieyholders for losses
4 Expenses of adjustment and settlement of losses
5 Commissions or brokerage
6 Medical examiners fees and salaries
7 Salaries and expenses of special and general agents
8 Salaries fees and all other charges of officers disectors
trustees and home office employees
9 Rents
10 Advertising 1544114 printing and supplies stationery
4200690 total
11 Postage telegrams telephone and express
12 Legal expenses
13 Furniture and fixtures
14 Remitted to Head office
17 Inspections
20 State taxes on premiums
21 Insurance department licenses and fees
22 All other licenses fees and taxes
Federal corporation tax 2332 58
County and municipal taxes and fees 5516 88
Publication of statement 679 76
Miscellaneous 234 40
Investment expen
Total
23 Other disbursements
ses
25 Miscellaneous
26 Profit and loss investment account
2419930 91
494930 23
1490555 86
178 00
4644 s 97
113480 35
14090 67
57448 04
23970 31
8035 74
4320 76
217467 31
72284 98
94542 78
9732 44
581 17
15781 11
12750 00
8763 62
27 Total
29112 28ComptrollerGenerals Report 937
38 Agents balances charged off 294 32
40 Gross decrease by adjustment in book value of ledger
assets viz Bonds 46222 55
4J Total disbursements 5 igj giQ 12
IVLedger Assets
4 Book value of bonds 58I9922 50
5 Cash in companys office 6gg 90
6 Deposits in trust companies and banks not on interest 2610 10
7 Deposits in trust companies and banks on interest 280 34
8 Cash deposited with Trustees with KidderPeabody Co
on interest 37 182 32
8 Agents balances representing business
written subsequent to Oct 1 912iji 1526365 97
9 Agents balances representing business
written prior to Oct 1 1912 106228 01
10 Total 1632593 98
16 Total ledger assets 7 493 979 14
NonLedger Assets
18 Interest accrued on bonds 78480 79
30 Gross assets 7571759 93
Deduct Assets Not Admitted
34 Agents balances representing business
written prior to Oct 1 1912 106228 01
41 Total admitter assets 7 455 531 go
VLiabilities
6 Net amount of unpaid losses and claims 1852 311 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 511673275
unearned premiums fifty per eent 2558366 37
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired938j
ComptkollebGenekals Eeport
fire risks running more than one year
from date of policy 54868639 un
earned premiums pro rata
285115 22
y
18
19
20
26
29
30
1
2
4
5
Total 2843481 59
Salaries rents expenses bills accounts fees etc due
or accrued 50000 00
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 75000 00
Commissions brokerage and other charges due or to be
come due to agents and brokers 400196 10
Total amount of all liabilities except capital 5220098 69
Surplus as regards policyholders 2244543 23
Total liabilities 7465531 92
VIRisks and Premiums
in force on the 31 day of December as per line 5 under
this heading in last years statement 4432217 02
Written or renewed during the year per income No 5 77196S0 15
Total 12151897 17
Deduct those expired and marked off as terminated 6483011 92
In force at the end of the year 5668885 25
Deduct reinsurance schedule required 3466 11
Net amount in force 5665419 14
Business in the State of Georgia During the Year
29
Gross premiums on risks written
Less return premiums
Net premiums received
Net losses paid
Net losses incurred
29290 65
13500 34
15790 31
26911 26
22596 26
EQUITABLE CASUALTY COMPANY OF ATLANTA GEORGIA
Judge John S Candler President H L nix Jr Asst Secretary
Shepard Boyd General Counsel
TCapital Stock
1 Amount of capital paid up
in cash 109050 00ComptrollerGenerals Report
939
2 Amount of ledger assets as per balance
December 31 of previous year 144017 67
3 Decrease of paid up capital during the
year 1650 00
Extended at
142367 67
IIIncome
1 Gross premiums written and renewed during the year
Accident 1013622 health 760429 liability 11
02985 plate glass 361614 steam boiler 8800
burglary and theft 173807 auto property damage
359745 industrial 2100150 total
2 Deduct reinsurance Accident 262583
health 175121 liability 2380
burglary and theft 30460 total 4705 44
3 Deduct return premiums on policies can
celled Accident 265173 health 2
06094 liability 504385 plate glass
73197 steam boiler 12240 burglary
and theft 30486 Sprinkler 4550
auto property damage 246428 indus
trial 17525 total 13600 78
58811 52
Total deductions Accident 527756 health 381215
liability 506765 plate glass 73197 steam boiler
12240 burglary and theft 60946 sprinkler
4550 auto property damage 246428 industrial
17525 total
18306 22
6 Net premiums Accident 485866 health 379214
liability 596220 plate glass 288417 burglary and
theft 13 2861 auto property damage 113317
industrial 2082625 total 40505 30
24 Gross interest on bonds and dividends on
stocks 5010 00
26 Gross interest from all other sources
interest on premium notes 45 93
Interest on stock notes 793 09
30 Total gross interest and rents 5 g49 02
31 From other sources Bank 8000 00
39 Total income 54354 3L940
ComptrollerGenerals Keport
IIIDisbursements
1 Gross amount paid for losses Accident 210563 health
394808 liability 785746 plate glass 144667
burglary and theft 191442 industrial health 6
45889 Accident 457904 auto property damage
141396 total
2 Deduct reinsurance Accident 85847
health 106675 total 1925 22
3 Deduct salvage Plate glass 10 00
4 Total deduction Accident 85847 health 106675
plate glass 1000 total
5 Net amount paid polieyholders for losses Accident 1
24716 health 288133 liability 785146 plate
glass 143667 burglary and theft 191442 indus
trial health 645889 accident 457904 auto prop
erty damage 141396 total
17 Investigation and adjustment of claims viz liability
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 158784 health 142886 liability
233134 plate glass 89122 steam boiler 140
burglary and theft 35125 auto property damage
65445 industrial 476940 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
35 State taxes on premiums
37 All other licenses fees and taxes Municipal taxes
40 Advance to agents
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Other disbursements
49 Directors compensation
50 Sundry expense
51 Exchange
52 Discounts
56 Total disbursements
29718 15
1935 22
27782 93
598 87
5423 85
10213 94
1752 54
218 50
43 65
1766 59
879 47
650 65
2383 96
1200 46
1112 34
1191 20
727 25
293 15
26 06
666 02
50 18
100 50
63664 32ComptbolleeGenebals Report
941
IVLedger Assets
4 Book value of bonds
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 1
74824 health 102045 plate glass
46841 burglary and theft 20750
pay roll adjustments 43225 total 387585
On policies or renewals issued Prior to
October 1 1912 Accident 111752
health 35704 liability 24403 plate
glass 5395 burglary and theft
2950 auto property damage 3025
pay roll adjustments 1500 total 1847 56
24 Total
25 Bills receivable
30 Ledger assets
NonLedger Assets
32 Interest accrued on bonds 1577 50
25 Net due on stock and premium notes 602 14
37 Rents due on companys lease 12 50
40 Other non ledger assets viz
41 Furniture fixtures printing and stationery 6655 66
42 Agents debit balances 1832 57
43 Gross assets
Deduct Assets Not Admitted
45 Bills receivable 382 75
46 Furniture and fixtures 1758 30
47 Supplies printed matter and stationery 4897 36
49 Premiums in course of collection written
prior to October 1 1912 1847 56
51 Book value of ledger assets over market
value viz agents debit balances 1832 57
56 Admitted assets
112882 95
1667 14
640 40

5723 41
12143 77
133057 67
143738 04
133019 50942
ComptrollerGenerals Eeport
VLiabilities
1 Losses and claims adjusted Accident 124716 health
288133 plate glass 143667 burglary and theft
191442 auto property damage 141396 industrial
health 645889 industrial accident 457904 total 19931 47
2 Losses and claims reported or in process of adjustment
Accident 53749 health 39425 plate glass 27545
burglary and theft 31650 industrial health 31901
industrial accident 54481 total 2387 57
4 Total losses and claim Accident 178465 health 3
27558 plate glass 171212 burglary and theft 2
23092 auto property damage 141396 industrial
health 677790 industrial accident 512385 total 22218 98
5 Deduct reinsurance Accident 625 health 16961
total 175 86
6 Net unpaid claims except liability claims Accident
53124 health 22464 plate glass 27545 burglary
and theft 31650 industrial health 31901 industrial
accident 54481 total 2211 65
7 Estimated expenses of investigation and adjustment of
unpaid claims Health 50 00
8 Total losses and claims Accident 53124 health
27464 plate glass 27545 burglary and theft
31650 industrial health 31901 industrial accident
54481 total 2261 65
17 Special reserve for unpaid liability losses 1200 00
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 1425834
unearned premiums fifty per cent 7129 15
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 184651
unearned premiums pro rata 722 73
23 Total unearned premiums as shown by recapitulation
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
32 Due and to become due for borrowed monev
3461 65
7851 88
329 16
120 35
5000 toComptrollerGenerals Report
35 Reinsurance
37 Other liabilities viz
38 Agents credit balances
39 Commissions due agents
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 109050 00
48 Surplus over all liabilities 4319 07
49 Surplus as regards policyholders
50 Total liabilities
943
2138 47
159 08
589 84
19650 43
113369 07
133019 50
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or re
newed during the year Accident 417845 health 3
26240 liability 512749 iplate glass 2480i39
burglary and theft 97060 automobile property dam
age 97453 industrial 1704184 total
Gross losses paid Accident 97103 health 155991
liability 226178 plate glass 75139 burglary and
theft 111236 automobile property damage 1217 87
industrial 784772 total
34035 40
15722 06
EQUITABLE SURETY COMPANY OF ST LOUIS MISSOURI
James E Smith President Walter H West Treasurer
Home Offffice St Louis Missouri
T L Riley 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 1346663 22
Extended at
1346663 22
IIIncome
1 Gross premiums wrritten and renewed during the year
Fidelity 24828965 surety 34207819 total 590367 84
2 Deduct reinsurance Fidelity 1723386
surety 2544641 total 42680 27944
ComptrollerGenerals Eeport
3 Deduct return premiums on premiums can
celled Fidelity 2812745 surety
2925311 total
57380 56
5 Total deductions Fidelity 4536131 surety 5469952
total
6 Net premiums Fidelity 20292834 surety 287
37867 total
22 Gross interest on mortgage loans 2000 00
24 Gross interest on bonds and dividends on
stocks less 312047 accrued interest on
bonds acquired during 1912 53584 18
25 Gross interest on deposit in trust com
panies and banks 21 79 25
26 Gross interest from all other sources
N Y Excise 239 46
30 Total gross interest and rents
37 Gross profit on sale or maturity of ledger assets viz
Bonds
100060 83
490307 01
58002 89
5773 04
39 Total income 554082 94
IITDisbursements
1 Cross amount paid for losses Fidelity 2900694 surety
5718584 total
3 Deduct Salvage Fidelity 619264
surety 103030 total 7222 91
4 Total deductions Fidelity 619204 surety 103030
total
5 Net amount paid policyholders for losses Fidelity 22
81430 surety 5610554 total
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Fidelity
Surety
28 Salaries tees 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
31 Inspections other than medical and claim
32 Rents
35 State taxes en premiums
36 Insurance departmen licenses and fees
86142 78
7222 94
78919 84
28806 15
50484 55
69522 32
82275 25
2207 99
3495 44
4103 26
50S7 05ComptrollerGenerals Keport
945
37 All other licenses and fees and taxes
40 City and state taxes
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
48 Other disbursements
49 New York Excise
50 General expenses
10551 04
4397 39
51 Total
56 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate
4 Book value of bonds
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Fidelity 52
52510 surety 7558490 total
On policies or renewals issued Prior to
October 1 1912 Fidelity 375150
surety 539850 total
128110 00
9350 00
17088 01
6224 50
2607 49
12491 64
5712 53
14948 43
383974 45
40000 00
1137712 15
2883 66
43010 64
133000 29
24 Ttal 137200 00
26 Other ledger assets viz
New York Excise cash in banks 22904 97
30 Ledger assets 1516771 71
NonLedger Assets
500 00
31 1 nterest on mortgages
32 Interest due 125000 and accrued 10
53125 on bonds
35 Adj of accrued int
11781 25
127 75
36 Total
40 Other non ledger assets viz
41 Accounts collectable
42 Furniture and fixtures
12409 00
3136 60
6285 57
Total
122 17946
ComptrollerGenerals Report
Deduct Assets Not Admitted
45 Bills receivable
46 Furniture and fixtures
49 Premiums in course of collection written
prior to October 1 1912
51 Book value of ledger assets over market
value viz Bonds
3136 60
6285 57
9150 00
9986 90
55 Total 2855907
56 Admitted assets 1510043 81
VLiabilities
1 Losses and claims adjusted Fidelity 73238 surety
31482 total
2 Losses and claims reported or in process of adjustment
Fidelity 689638 surety 2758043 total
3 Losses and claims resisted Surety
4 Total losses and claims Fidelity 762876 surety 39
54255 total
I Estimated expenses of investigation and adjustment of
unpaid claims Fidelity 25000 surety 90000
8 Total losses and claims Fidelity 787876 surety 40
44255 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 451
09125 unearned premiums fifty per
cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 31
13102 unearned premiums pro rata
234137 09
19084 69
23 Total unearned premiums is 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 1912 viz Fidelity 13131 28
Surety 1889610 total
29 Salaries rents expenses bills accounts fees etc due
or accrued
1047 20
34476 81
11647 30
47171 31
1150 00
48321 31
48321 31
2o3221 78
32027 38
2928 66ComptrollerGenerals Eeport 947
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 7296 22
35 Reinsurance 7173 79
46 Total amount of all liabilities except capita 350969 14
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 159074 67
49 Surplus as regards policyholders 1159074 67
50 Total liabilities 1510043 81
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or re
newed during the year Fidelity 38534 surety
69313 total 1078 47
FEDERAL CASUALTY COMPANY OF DETROIT MICH
V D Cliff President L F Daily Secretary
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 331131 67
Extended at 331131 67
11Income
1 Gross premiums written and renewed during the year
Accident and health 345 997 pj
3 Deduct return premiums on premiums can
celled Accident and health 517 08
5 Total deductions Accident and health 517 08
6 Net premiums Accident and health 345 410 83
20 Policy fees required or represented by applications esti
matei 36302 00948
ComptrollerGenerals Report
24 Gross interest on bonds and dividends on
stocks less 61039 accrued interest on
bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
15340 29
21 95
27 Total
30 Total gross interest and rents
81 From other sources From Union Nat Bk Columbus 0
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 an
d health
5 Net amount paid policyholders for losses Accident and
health
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health
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
32 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax
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
48 Other disbursements
49 Office supplies
50 General expenses
53 Agents balances charged off
15362 24
15362 24
253 12
225 00
500 00
398053 19
144392 99
144392 99
36139 26
64937 96
22482 52
27876 82
1199 66
7541 92
6815 48
2288 94
450 14
410 73
1548 35
4331 85
6400 30
122 70
20000 00
303 86
1156 32
95 34ComptrollerGenerals Report
949
54 Gross loss on sale or maturity of ledger assets viz
Bonds 6800 00
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 721 20
56 Total disbursements 356016 34
IVLedger Assets
4 Book value of bonds 32750000 and stocks 4300000
total
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
30 Ledger assets
370500 00
1573 64
1094 88
373168 52
NonLedger Assets
32 Interest accrued on bonds 6296 51
39 Market value not including interest in
item 32 of bonds and stocks over book
value 69620 00
43 Gross assets 380161 23
Deduct Assets Not Admitted
56 Admitted assets
380161 23
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident and health 458 claims pending at close of
year 1911 arranged 4525 each so we estimate 458
claims at 4525 each 20724 50
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident and health 3000 00
29 Salaries rents expenses bills accounts fees etc due
or accrued 500 00
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 6500 00
31 Dividends declared and unpaid to stockholders 10000 00
36 Advance premiums one hundred per cent 6697 01
46 Total amount of all liabilities except capital 47421 51950
ComptrolleeGenebals Eepoet
47 Capita actually paid up in cash
48 Surplus over ail liabilities
200000 00
132739 72
49 Surplus as regards policyholders
332739 72
30 Total liabilities 380161 23
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or re
newed during the year Accident and health 7155 17
Gross losses paid Accident and health 6260 08
THE FIDELITY AND CASUALTY COMPANY OF NEW YORK
Robert 1 Hillas President Theodore E Gaty Secretary
9294 Liberty Street and 97103 Cedar Street New York City
Eugene Oberdorfer Attorney for Service in Georgia
TCapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 10451838 07
Extended at 10451838 07
IIIncome
1 Gross premiums written and renewed during the year
Accident 277811644 health 175766536 liability
428536981 fidelity 31S23f4i surety 27451515
plate glass 61458996 steam boiler 60366831
burglary and theft 69748535 fly wheel 9874420
auto property and team property damage 5829823
workmens collective 1114282 total
2 Deduct reinsurance Accident 23461463
health 8796634 liability 81359
fidelity 2457207 surety 3517099
plate glass 89403 steam boiler 46
00039 burglary and theft 4601632
total
3 Deduct return premiums on premiums can
celled Accident 5536369 health
3172964 liability 18880084 fidel
11497831 09
176048 364
ComptrollerGenerals Eeport
ity 3499746 surety 949285 plate
glass 1962188 steam boiler 41
35298 burglary and theft 2654624
fly wheel 768596 auto and teams
property damage 121511 workmens
collective 312812 total 419934 77
Deduct premium on policies not taken
Accident 61596401 health 429
74311 liability 70709487 fidelity
3417851 surety 3311697 plate
glass 14543500 steam boiler 109
40362 burglary and theft 12653107
fly wheel 1464828 auto and team
property damage 1175101 workmens
collective 299121 total 2230857 66
951
5 Total deductions Accident 90594233 health 549
43909 liability 89690930 fidelity 9374804 surety
7 778081 plate glass 16595091 steam boiler
19675699 burglary and theft 19909363 fly wheel
2233424 auto and teams property damage 12
96612 workmens collectice 611933 total 3126840 79
6 Net premiums Accident 187217411 health 1208
22627 liability 338866051 fidelity 22448742
Surety 19673434 plate glass 44863905 steam
boiler 40691132 burglary and theft 49839172
fly wheel 7640996 auto and teams property damage
4533211 workmens collective 502349 total 8370990 30
23 Gross interest on collateral loans 809 38
24 Gross interest on bonds and dividends on
stocks less 859992 accrued interest on
bonds acquired during 1912 364931 20
25 Gross interest on deposits in trust com
panies and banks 2967 07
29 Gross rents from companys property in
cluding 10374804 for companys occu
pancy of its own buildings 127454 33
30 Total gross interest and rents 1039S0 72
31 From other sources
32 Suspense account 2115 23
33 Munich reinsurance eompan reserve re
tained under contract 85445 38
34 Fidelity insurance fund subscriptions
from agents and employees 1129 17952
ComptrollerGenerals Report
35 Profit and loss account 246 35 A all
other 13280 135 26
Total 88825 04
36Prom agents balances previously charged off 2632 07
37 Gross profit on sale or maturity of ledger assets viz
Stocks 9475 00
38 Gross increase by adjustment in book value of ledger
assets viz Bonds 20250 00
39 Total income 8996153 13
IIIDisbursements
1 Gross amount paid for losses Accident 116894636
health 59583973 liability 141605019 fidelity
15126715 surety 94760 07 plate glass 175
66004 steam boiler 6213173 burglary and theft
26170427 fly wheel 380242 auto and teams
property damage 940717 workmens collective 5
56026 total 3945129 39
2 Deduct reinsurance Accident 30490971
health 34265 41 fidelity 2205122
surety 238217 plate glass 8113
Steam boiler 868210 burglary and
theft 1484050 total 382447 90
3 Deduct salvage Liability 3712448
fidelity 3443341 surety 4773426
plate glass 667527 steam boiler
75187 burglary and theft 783839
workmens collective 10397 total 13466 65
4 Total deduction Accident 30490971 health 34
26541 liability 3712448 fidelity 5648463 surety
4535209 plate glass 675640 steam boiler 9
43397 burglary and theft 22678 89 workmens
collective 10397 total
517109 55
5 Net amount paid policyholders for losses Accident
86403665 health 56157432 liability 137892571
fidelity 9478252 plate lass 16890364 steam
boiler 5269776 burglary and theft 23902538 fly
wheel 380242 auto property damage 940717
surety 4942798 workmens collective 545629
17 Investigation and adjustment of claims viz Accident
6340400 health 4117428 liability 38454226
fidelity 1376585 surety 688292 plate glass 13
02184 steam boiler 571564 burglary and theft
3428019 24ComptrollerGenerals Report
953
23
29
30
31
32
33
34
35
36
37
39
40
41
2695680 fly wheel 77059 auto and teams property
damage 188858 workmens collective 92299
total
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 64531095 health 39290139
liability 72368426 fidelity 4473148 surety 33
81747 plate glass 13143105 steam boiler 85
34473 burglary and theft 13203029 fly wheel 17
57661 auto and teams property damage 719288
workmens collective 219021 total
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
Medical examiners fees and salaries
Inspections other than medical and claim
Eents 15668898 including 10374804 for companys
occupancy of its own buildings less 2962435 in
cluded in items 1721 and 4925539 included in item
29
Bepairs 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
City taxes 46679 39a city fees 833768 8804 47
County taxes 51 07
County fees 132 45
559045 75
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
48 Other disbursements
49 Exchange and Collection fees 233294
subscriptions 70706 interest 234803 5388 03
50 Fire insurance premiums 126295 office
maintenance and supplies 424765
51 Munich Eeinsurance Co reserve released
under contract 6047931 suspense
account 113763
5510 60
2216211 32
527997 05
511633 94
11032 93
246813 57
78006 24
50953 16
22477 76
134043 61
17670 58
8987 99
2502 75
3845 06
83718 85
30524 83
13479 40
200000 00
61616 94954
ComptrollerGenerals Keport
52 Fidelity insurance fund refund of sub
scriptions 3796 profit and loss
46100 sundries 895120 total 9450 16
Total 81865 73
53 Agents balances charged off 1151 00
54 Gross loss on sale or maturity of ledger assets viz
Bonds 1753 60
55 Gross decrease by adjustment in book value of ledger
Real estate 5000 00
56 Total disbursements 8236834 96
IVLedger Assets
1 Book value of real estate 1402250 77
3 Loans secured by pledge of bonds stocks or other col
laterals 100000 00
4 Book value of bonds 405646245 and stocks 3656
21849 total 7712680 94
5 Cash in companys office 10004 93
1 6 Deposits in trust companies and banks not on interest 119048 71
7 Deposits in trust companies and banks on interest 191118 85
8 Premiums in course of collection vi
On policies or renewals issued on or
after October 1 1912 Accident 157
73087 health 33879896 liability
48915725 fidelity 2336276 surety
1508960 plate glass 6626284 steam
boiler 8949057 burglary and theft
7260425 fly wheel 1578196 auto
mobile and teams property damage 9
S0914 workmens collective 209297
total 1280181 17
On policies or renewals issued Prior to
October 1 1912 Accident 3788390
health 3037929 liability 12613719
fidelity 3095670 surety 1848990
plate glass 484919 steam boiler 7
35307 burglary and theft 388145
fly wheel 76151 automobile and
teams property damage 112660
workmens collective 24243 total 262061 23
24 Total
25 Bills receivable
26 Other ledger assets viz
27 Agents balances and sundry ledger assets
1542242 40
7250 00
58037 99ComptrollerGenerals Eeport 955
28 Equity in funds of the Excise Reinsuranee
Association 65953 12
29 Equity in funds of the Workmens Com
pensation and Inspection Bureau 2568 53
Total 126559 64
30 Ledger assets 11211156 24
NonLedger Assets
32 Interest accrued on bonds 55732 37
33 Interest accrued on collateral loans 1098 60
35 Interest on deposit in National Bank of
Commerce New York N Y 306 20
36 Interest on depost in Bank of New York
N Y 327 51
37 Bents accrued on eompanys property or
lease 70 00
Total 57534 68
39 Market value not including interest in item 32 of bonds
and stocks over book value 209616 72
43 Gross assets 11478307 64
Deduct Assets Not Admitted
45 Bills receivable 7250 00
49 Premiums in course of collection written
prior to Oct 1 1912 262061 23
51 Book value of ledger assets over market
value viz Agents balances and sundry
ledger assets 58037 99
54 Equity in funds of the Workmens Com
pensation and Inspection Bureau 2568 53
55 Total 329917 75
56 Admitted assets 11148389 89
VLiabilities
1 Losses and claims adjusted All adjusted losses have been
paid If paid by check amount of check has been
deducted from bank balances If paid by draft loss
remains under 2 until draft is paid
2 Losses and claims reported or in process of adjustment
Accident 22212152 health 17373462 fidelity956
ComptrollerGenerals Report
7962602 surety 5092394 plate glass 1544144
Steam boiler 1549500 burglary and theft 74
89400 fly wheel 335000 workmens collective
250000 total
Losses and claims resisted Accident 10795000 health
505000 fidelity 2514080 surety 291552 steam
boiler 990000 burglary and theft 1629500
total
Total losses and claims Accident 33097152 health
17878462 fidelity 10476682 surety 5383946
plate glass 1544144 steam boiler 2539500 burg
lary and theft 9118900 fly wheel 335000 work
men s collective 250000 total
Deduct reinsurance Accident 57050 fidelity 2001734
surety 100000 total
638086 54
167251 32
805337 86
21587 84
6 Net unpaid claims except liability claims Accident
32950102 health 17878462 fidelity 8474948
surety 5283946 plate glass 1544144 steam boiler
2539500 burglary and theft 9118900 fly wheel
335000 workmens collective 250000 totals
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 1100000 health 900000
fidelity 325000 surety 400000 plate glass
150000 steam boiler 100000 burglary and theft
450000 fly wheel 25000 workmens collective
17500 total
783750 02
34675 00
8 Total losses and claims Accident 34050102 health
18778462 fidelity 8799948 surety 5683946
plate glass 1694144 steam boiler 2639500 burg
lary and theft 9568900 fly wheel 360000 work
men s collective 267500 total 818425 02
17 Special reserve for unpaid liability losses 1486449 96
20 Total unpaid claims and expenses of settlement 2304874 98
20 Gross premiums less reinsurance upon
all unexpired excise risks written in
New York State running one year or
less from date of policy 7487221
unearned premiums seventyfive per
cent 56154 16
21 Grose premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 7443
83792 unearned premiums fifty per ct 3721918 96ComptbolleeGenebals Repobt
957
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1933
59548 unearned premiums pro rata 958549 05
23 Total unearned premiums as shown by recapitulation 4736622 17
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident 5422787
health 11298945 liability 10241199 fidelity
432445 surety 255769 plate glass 1913008
steam boiler 1959843 burglary and theft 19
16026 fly wheel 355883 auto and team property
damage 216292 workmens collective 43241
total 340554 38
29 Salaries rents expenses bills accounts fees etc due
or accrued 1419 67
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 128370 91
35 Reinsurance 22123 98
37 Other liabilities viz
38 Reserve for contingencies 250000 00
39 Fidelity insurance fund 10965 70
40 Unearned premiums retained under con
tract with Munich Reinsurance Co 67070 05
41 Suspense account 4686 81
42 AH other 417 20
45 Total 333139 76
46 Total amount of all liabilities except capital 7867105 85
47 Capita actually paid up in cash 1000000 00
48 Surplus over all liabilities 2281284 04
49 Surplus as regards policyholders 3281284 04
50 Total liabilities 11148389 89
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or re
newed during the year Accident 3621685 health
2995544 liability 1776692 fidelity 99469
surety 6325 plate glass 414502 steam boiler 5
13594 burglary and theft 471584 fly wheel 1
14954 total
94143 49958
ComptrollerGenerals Report
Gross losses paid Accident 1577121 health 1731333
liability 252774 fidelity 75987 plate glass 1
27855 steam boiler 116730 burglary and theft 2
13506 total
40953 16
FIDELITY AND DEPOSIT COMPANY OF BALTIMORE MARYLAND
Edwin Warfiield President Eobt S Hart Secretary
ICapital Stock
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balanee
December 31 of previous year 8345096 21
Extended at 8345096 21
IIIncome
1 Gross premiums written and renewed during the year
Accident 23185721 health 410918119 liability
200193552 fidelity 95861660 surety 183798593
plate glass 29363070 burglary and theft 134
62634 auto property damage 17370516 workmens
collective 1834454 total 5759883 19
2 Deduct reinsurance Accident 1239187
health 558605 liability 879048
fidelity 2818925 surety 7911285
plate glass 51338 burglary and theft
2010051 auto property damage
92765 total 155612 04
Deduct return premiums on policies can
celled Accident 498375 health 2
97574 liability 9792450 fidelity
12217006 surety 14383863 plate
glass 1204552 burglary and theft
436133 auto property damage 16
52490 workmens collective 90524
total
4 Deduct premium on policies not taken
Accident 4642396 health 24
54521 liability 37032499 fidelity
852086 surety 3186951 plate glass
6383234 burglary and theft 19
11502 auto property damage 37
3
405729 67ComptrollerGenerals Report
959
77814 workmens collective 47108
total
607120 91
5 Total deductions Accident 6379958 health 3310700
liability 47703997 fidelity 15888017 surety
25482099 plate glass 7639124 burglary and theft
4357686 auto property damage 5523069 work
men s collective 561612 total 1168462 62
6 Net premiums Accident 16805763 health 7607419
liability 152489555 fidelity 79973643 surety 1
58316494 plate glass 21723946 burglary and theft
9104948 auto property damage 11847447 work
mens collective 1272842 total 4591420 57
21 Inspections 1627 23
23 Gross interest on collateral loans 2000 00
24 Gross interest on bonds and dividends on
stocks less 43667 accrued interest on
bonds acquired during 1912 176874 38
25 Gross interest on deposits in trust com
panies and banks 10513 33
26 Gross interest from all other sources
27 New York Excise Funds 1173 91
28 Various notes etc 284 25
29 Gross rents from companys property in
cluding 6000000 for companys occu
pancy of its own buildings 155655 14
30 Total gross interest and rents 346501 01
31 From other sources Increase in returned premiums al
lowed but not yet claimed 7016 09
33 Increase in premiums due for reinsurance 4027 09
34 Items previously charged off 382 60
35 Total 11425 78
36 From agents balances previously charged off 1492 04
37 Gross profit on sale or maturity of ledger assets viz
Stocks 5445 00
38 Gross increase by adjustment in book value of ledger
assets viz Bonds 700000 stocks 11128400 col
lateral loans 70000 total 118984 00
39 Total income 5076895 63
IIIDisbursements
1 Gross amount paid for losses Accident 7507815
health 2766766 liability 41284028 fidelity960
ComptrollerGenerals Report
43539214 surety 60790825 plate glass 8163468
burglary and theft 1995024 auto and teams prop
erty damage 4628545 workmens collective 7
57279 total 1714329 64
2 Deduct reinsurance Accident 1180818
health 122234 liability 15444
fidelity 501684 surety 1112740
Tllate glass 1504 burglary and theft
253710 auto and teams property
damage 5009 total 3193143
3 Deduct salvage Accident 82500 health
8392 fidelity 9965473 surety 211
04200 plate glass 151524 burglary
and theft 15041 total 313271 30
4 Total deduction Accident 1263318 health 130626
liability 15444 fidelity 10467157 surety 222
16940 plate glass 153028 burglary and theft 2
68751 auto and teams property damage 5009
total
345202 73
5 Net amount paid policy holders for losses Accident
6244497 health 2636140 liability 41268584
fidelity 33072057 surety 38573885 plate glass
8010440 burglary and theft 1726273 auto and
teams property damage 4623536 workmens collec
tive 757279 total 1369126 91
16 Collection expense salvage and recoveries 20482 98
17 Investigation and adjustment of claims viz Accident
182823 health 619 liability 16333064 fidelity
1303931 surety 1460104 plate glass 31997
burglary and theft 164962 auto and teams property
damage 455818 workmens collective 8100 total 199414 18
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 6170356 health 2361305 liab
ility 35795143 fidelity 28959525 surety 236r
34084 plate glass 6913110 burglary and theft
2541210 auto and teams property damage 15
69510 workmens collective 170923 total 1081151 66
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 389827 79
29 Salaries traveling and all other expenses of agents not
paid by commissions 329818 96
30 Medical examiners fees and salaries 164 56
31 Inspections other than medical and claim 23971 14
32 Itents including 6000000 for companys occupancy of
its own buildings 100281 09ComptrollerGeneral s Report
961
33
34
35
36
37
42
43
44
45
46
47
48
49
50
51
52
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 305353 municipal licenses 277698 state county
and city taxes on capital stock 2569452 total
Legal expenses
Advertising
Printing and stationery
Postage telegraph telephone and express
Furniture and fixtures
Stockholders for interest or dividends amount declared
during the year
Other disbursements
Decrease in advance premiums over 1911 34423 71
Home office incidentals 25219 38
Home office traveling expenses 16348 17
Expenses acct liquidation Phila Gas Co 254532 22
Total
53 Agents balances charged off
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 2808269 stocks 47300 total
41509 04
40688 52
68665 56
17626 94
31525 03
39244 61
20322 06
69824 75
50774 55
45103 80
320000 00
330523 48
3147 11
28555 69
56 Total disbursements 4621750 41
IVLedger Assets
1 Book value of real estate 2420279 84
3 Loans secured by pledge of bonds stocks or other col
laterals 114500 00
4 Book value of bonds 254538125 and stocks 1591
90800 total 4137289 25
5 Cash in companys branch offices
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 1912 Accident 45
27735 health 2306035 liability
33280067 fidelity 15520259 surety
27986845 plate glass 5803184
burglary and theft 3132588 auto
and teams property damage 2170767
workmens collective 75516 total 948029 96
On policies or renewals issued Prior to
October 1 1912 Accident 503313
health 188996 liability 5961590
47462 70
223998 08
208360 50962 ComptrollerGenerals Eeport
fidelity 5764379 surety 14039208
plate glass 514482 burglary and
theft 200094 auto and teams prop
erty damage 353763 workmens col
lective 19125 total 275449 50
1223479 4G
24 Total
26 Other ledger assets viz
N Y Excise premium fund 10190 56
N Y Excise current loss fund held by
joint committees 2 331 03
N Y Excise reserve fund 2183932
53363 81
Total 9
28 Massachusetts workmens eomp reserve fund VJ w
28 Accounts receivable J 96
29 Advance on contract
30 Ledger assets 880024143
NonLedger Assets
43 Gross assets 8800241 43
Deduct Assets Not Admitted
46 Furniture and fixtures Not considered
47 Supplies printed matter and stationery
not considered
49 Premiums in course of collection written
prior to Oct 1 1912 2V5449 50
55 Total 275449 50
56 Admitted assets 8524791 93
VLiabilities
Losses and claims adjusted Accident 138276 health
41114 fidelity 613336 total
Losses and claims reported or in process of adjustment
Accident 2586129 health 588678 fidelity 75
S3896 surety 10184169 plate glass 147494
burglary and theft 1714800 auto and team property
damage 1371865 workmens collective 217476
total
7927 26
213945 07COMPTBOLLEKGEISrERAIiS REPORT
963
3 Losses and claims resisted fidelity 8045000 surety
30410000 auto and team property damage 104028
total
4 Total lossesand claims Accident 2724405 health
629792 fidelity 16242232 surety 40594169
plate glass 147494 burglary and theft 1714800
auto and teams property damage 1475893 work
mens collective 217476 total
6 Net unpaid claims except liability claims Accident
2724405 health 629792 fidelity 16242232 surety
40594169 plate glass 147494 burglary and theft
1714800 auto and teams property damage 1475893
workmens collective 217476 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Fully provided for in columns 1 to 6
8 Total losses and claims Accident 2724405 health
629792 fidelity 16242232 surety 40594169
plate glass 147494 burglary and theft 1714800
auto and teams property damage 1475893 workmens
collective 217476 total
17 Special reserve for unpaid liability losses
20 Total unpaid claims and expenses of settlement
20 Special reserve for expenses liquidation Phila Gas Co
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 4040
90943 unearned premiums fifty per
cent 2020454 72
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 504
72652 unearned premiums pro rata 357064 18
23 Total unearned premiums as shown by recapitualation
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident 1127861 health
558640 liability 8387663 fidelity 3326236
surety 6259585 plate glass 1510000 burglary
and theft 820986 auto and teams property damage
528541 workmens collective 20767 total
29 Salaries rents expenses bills accounts fees etc due
or accrued
385590 28
637462 61
657462 61
63746261
277263 81
914726 42
93844 64
2377518 90
225402 79
10000 00964 CompteolleeGenebals Eepoet
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 100000 00
34 Return premiums 80263 12
35 Eeinsurance 22072 10
36 Advance premiums one hundred per cent 104424 30
46 Total amount of all liabilities except capital 39282o2 87
47 Capital actually paid up in cash 2000000 00
48 Surplus over all liabilities 2596539 06
49 Surplus as regards polieyholders 4596539 06
50 Total liabilities 8524791 93
Business in The State of Georgia During the Year
Gross premiums less return premiums onrisks written or re
newed during the year Accident 181011 health 1
18650 liability 321206 fidelity 1765213 surety
1666400 plate glass 91173 burglary and theft
61047 automobile and team property damage 64786
total 12694 86
Gross losses paid Accident 8057 health 87045 liability
193829 fidelity 2453082 surety 2750779 plate
glass 49112 burglary and theft 72017 automobile
property damage 95927 total 5709S 48
FRANKFORT GENERAL INSURANCE COMPANY OF FRANKFORTON
THEMAIN GERMANY
United States Manager and Attorney H Franklin
United States Branch office Nd 123 William St New fork City
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 1535852 32
Extended at 1535852 32
IIIncome
1 Gross premiums written and renewed during the year
Accident and health 10004843 liability 1204ComptrollerGeneral s Report
965
21670 24
90275 burglary and theft 4530577 automobile and
teams property damage 1430026 workmens collec
tive 4590611 total
Deduct reinsurance Accident and health
1138573 liability 198693 burglary
and theft 829758 total
Deduct return premiums on premiums can
celled Accident and health 126487
liability 6123906 burglary and theft
216084 automobile and teams prop
erty damage 75404 workmens col
lective 93195 total
Deduct premium on policies not taken
Accident and health 2917533 liab
ility 13483610 burglary and theft
765178 automobile and teams prop
erty damage 118610 workmens col
lective 171200 total 17456131
147046332
66350 76
5 Total deductions Accident and health 4182593 liab
ility 19806209 burglary and theft 1811020 auto
mobile and teams property damage 194014 work
mens collective 264395 total 262582 31
6 Net premiums Accident and health 11822250 liability
100684066 burglary and theft 2719557 auto
mobile and teams property damage 1236012 work
mens collective 4326216 total 1207881 01
20 Policy fees required or represented by applications 21426 04
24 Gross interest on bonds and dividends on
stocks 47827 31
25 Gross interest on deposits in trust com
panies and banks 1070 18
30 Total gross interest and rents
32 Remittance from home office
48897 49
10000 00
39 Total income
1288204 54
IIIDisbursements
1 Gross amount paid for losses Accident and health 49
95991 liability 57010471 burglary and theft 15
60306 automobile and teams property damage 2
19764 workmens collective 2156177 total
2 Deduct reinsurance Accident and health
255656 burglary and theft 222940
total 4785 96
65942709966
ComptkollerGenekals Report
3 Deduct salvage Burglary and theft
11300 total
113 00
4 Total deduction Accident and health 255656 burglary
and theft 234240 total
iden
Ml
4898 96
5 Net amount paid polieyholders for losses
health 4740335 liability 57010471 burglary and
theft 1326066 automobile and teams property dam
age 219764 workmens collective 2156177 total 654528 13
17 Investigation and adjustment of claims viz Accident
and health 599238 liability 9819646 burglary
and theft 207221 automobile and teams property
damage 23036 workmens collective 108155
total 107572 96
22 Policy fees retained by agents 21426 04
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health 4094826 liability
23056444 burglary and theft 840101 automobile
and teams property damage 274155 workmens col
lective 1329364 total 295948 90
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 54737 41
29 Salaries traveling and all other expenses of agents not
paid by commissions 36137 90
31 Inspections other than medical and claim 17057 14
32 Rents 94
35 State taxes on premiums 19872 1
36 Insurance department licenses and fees 6387 57
39 Personal property tax 59 98
40 Municipal licenses and fees 1377 53
42 Legal expenses 1
43 Advertising 6415 50
44 Printing and stationery 13210 31
45 Postage telegraph telephone and express 6517 86
46 Furniture and fixtures 63 04
48 Other disbursements viz
49 Remittance to Home office 11497 03
50 Miscellaneous expenses 6985 37
51 The workmens compensation reinsurance and inspection
bureau fund 2057 41
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 834 51
56 Total disbursements 1275197 20ComptrollerGexerals ReporI
967
IVLedger Assets
4 Book value of bonds 1270932 88
o Cash in companys offices
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 1912 Accident and
health 1123848 liability 17619939
burglary and theft 399917 automobile
and teams property damage 184017
workmens collective 873305 total
On policies or renewals issued Prior to
October 1 1912 Accident and health
80924 liability 1275560 burglary
and theft 32012 workmens collec
tive 3312 total
24 Tota3s
27 Cash in hands of trustees
202010 26
13918 08
1630 00
10661 18
48087 29
215928 34
1619 97
30 Ledger assets 1548859 66
NonLedger Assets
32 Interest accrued on bonds
35 Accrued interest bank deposits
13857 08
111 85
37 Total
13968 93
42 The workmen s compensation reinsurance and inspection
bureau fund 1853 96
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 13918 08
51 Book value of ledger assets over market
value viz Decrease market value of
bonds 70507 88
56 Admitted assets 1480256 59
56 Admitted assets 1480256 59968
ComptrollerGenerals Eeport
VLiabilities
1 Losses and claims adjusted Accident and health
total 418 00
2 Losses and claims reported or in process of adjustment
Accident and health 1738215 burglary and theft
222750 automobile and teams property damage
47500 workmens collective 760305 total 27687 70
3 Losses and claims resisted Accident and health 7
83750 burglary and theft 310500 marine 3
00000 total 53942 50
4 Total losses and claims Accident and health 25
63765 burglary and theft 533250 marine 3
00000 automobile and teams property damage
47500 workmens collective 760305 total 42048 20
5 Deduct reinsurance Accident and health 348745 burg
lary and theft 112050 total 4607 05
6 Net unpaid claims except liability claims Accident and
health 2215020 burglary and theft 421200
marine 300000 automobile and teams property dam
age 47500 workmens collective 760305 total 37440 25
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health 116580 burglary
and theft 46800 automobile and teams property
damage 2500 workmens collective 10405 total 1853 75
8 Total losses and claims Accident and health 2331600
burglary and theft 468000 marine 300000 auto
mobile and teams property damage 50000 work
men s collective 779800 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 83170015
unpaid premiums fifty per cent 415849 98
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 6071055
unearned premiums pro rata 31590 53
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 1912 viz Accident and health 3
39294 00
470179 00
500173 00
447440 51ComptrollerGenerals Eeport
969
99587 liability 4124998 burglary and theft 1
19175 automobile and teams property damage
49083 workmens collective 181464 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
48743 07
1500 00
11800 00
2668 99
46 Total amount of all liabilities except capital 1021 625 57
47 Capital actually paid up in cash 250000 00
48 Surplus over all liabilities 208 631 02
49 Surplus as regards policyholders 458 631 02
50 Total liabilities i 439 956 59
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or
renewed during the year Accident and health
43214 liability 403423 burglary and theft 7535
automobile and teams property damage 9175 work
men s collective 51 749 total 5 150 9b
Gross losses paid Accident and health 3240 liability 1
54147 workmen s collective 18736 total 1761 23
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORP LTD
OF PERTH SCOTLAND
Kelly and Xorie Miller United States Managers
f r Watson United States Secretary
ICapital Stock
1 Amount of capita paid up
in cash U S Deposit 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2880 544 89
Extended at
2880544 89
IIIncome
1 Gross premiums written and renewed hiring he year
Accident 126523366 health 41210577 liability
233361938 Burglary and theft 18905800 auto
property damage 38667087 total 4581687 68970 ComptbollebGenebals Kepoet
2 Deduct reinsurance Accident 3062440
health 699269 liability 2658489
burglary and theft 1060486 total 74806 84
3 Deduct return premiums on policies can
celled Accident 1971188 health 7
12963 liability 18061549 burglary
and theft 445656 auto property
damage 4263109 total 254544 65
4 Deduct premium on policies not taken
Accident 17740693 health 6416675
liability 40914986 burglary and
theft 4010905 auto property damage
8941353 total 780246 12
5 Total deductions Accident 22774321 health 7828907
liability 61635024 burglary and theft 5517047
auto property damage 13204462 total 1109597 61
6 Net premiums Accident 103749045 health 333
81670 liability 171726914 burglary and theft
13388753 auto property damage 25462625 total 3477090 07
20 Policy fees required or represented by applications 116517 00
22 Gross interest on mortgage loans 569 02
24 Gross interest on bonds and dividends on
stocks 71882 11
25 Gross interest on deposits in trust com
panies and banks 151 26
26 Gross interest from all other sources
Bills receivable 25 30
29 Gross rents from companys property in
cluding 660832 for companys occu
pancy of its own buildings 10774 96
30 Total gross interest and rents 83402 65
31 From other sources
32 Received from home office 51798 43
33 Bonus on mortge renewal v 16 04
7 Gross profit on sale or maturity of ledger assets viz
Bonds 16U 2
39 Total income 3730438 51
IIIDisbursements
Gross amount paid for losses Accident 45208173
health 17489108 liability 66095510 burglary
and theft 7680976 auto property damage 116
93597 total
1481673 64ComptrollerGenerals Report
971
2 Deduct reinsurance Accident 2193777
health 448684 burglary and theft
291630 total 29340 91
3 Deduct salvage Burglary and theft
599J1 auto property damage 500
total 604 11
4 Total deduction Accident 2193777 health 448684
burglary and theft 351541 auto property damage
500 total
29945 02
5 Net amount paid policyholders for losses Accident 430
14396 health 17040424 liability 66095510
burglary and theft 7329435 auto property damage
11693097 total 1451728 62
17 Investigation and adjustment of Claims viz Accident
545163 health 1078S0 liability 23621016
burglary and theft 39333 auto property damage
2612805 total 269211 97
22 Policy fees retained by agents 116517 00
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 30188940 health 8626290 liability
51616203 total 904314 33
25 Burglary and theft 40200 53
27 Auto property damage 76614 65
28 Salaries fees and other compensation of officers directors
trustees and home office employees 210198 01
29 Salaries traveling and all other expenses of agents not
paid by commissions 84041 20
30 Medical examiners fees and salaries 14279 52
31 Inspectioans other than medical and claim 30713 67
32 Rents including 660832 for companys occupancy of
its own buildings 33310 08
33 Repairs and expenses other than taxes on real estate 10767 06
35 State taxes on premiums 56749 24
36 Insurance department licenses and fees 9826 61
i7 All other licenses fees and taxes Federal corporation
tax 1966 26
39 Penna Tax on securities 3420 Hi
42 Legal expenses 8719 06
43 Advertising 9000 98
44 Printing and stationery 44493 50
45 Postage telegraph telephone and express 19392 08
46 Furniture and fixtures 10932 95
48 Other disbursements
49 Paid to home office 130957 20
50 Old check cancelled 1 00972
ComptrollerGenerals Eeport
51 Miscellaneous
54 Gross loss on sale or maturity of ledger assets viz
Bonds
51381 47
643 83
56 Total disbursements 358936 98
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate first liens
4 Book value of bonds 165932172 and stocks 86
54415 total
5 Cash in companys office
C 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 1912 Accident 104
12751 health 3470916 liability
56393249 burglary and theft 39
50630 auto property damage 66
08037 total
On policies or renewals issued prior to
October 1 1912 Accident 1415764
health 353941 liability 4642272
burglary and theft 769437 auto
property damage 512958 total
808355 83
76943
24 Total
26 Other ledger assets viz
27 Accounts receivable
28 Weekly dept in bank
30 Ledger assets
NonLedger Assets
31 Interest due 42625 and accrued 18996
on mortgages
32 Interest accrued on bonds
616 21
21086 94
43 Gross assets
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 76943 72
51 Book value of ledger assets over market
value viz Heal estate 33160 58
213160 58
19000 00
1745865 87
11070 15
64010 38
47032 30
585299 55
32699 55
i477 04
3021615 42
3043318 57ComptrollerGeneral s Report
973
Bonds 74576 72
54 Accounts receivable 32699 55
55 Stocks 20394 15
56 Admitted assets 2805543 85
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 7147444 health 3089540 burglary and
theft 998128 auto property damage 3138817
total 143739 29
3 Losses and claims resisted Accident 1863800 health
842900 burglary and theft 585500 auto prop
erty damage 395000 totals 36872 00
4 Total losses and claims Accident 9011244 health
3932440 burglary and theft 1583628 auto prop
erty damage 3533817 total 180611 29
5 Deduct reinsurance Accident 798832 health 90000
burglary and theft 160000 total 10488 32
6 Net unpaid claims except liability claims Accident
8212412 health 3842440 burglary and theft
1423628 auto property damage 3533817 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 258372 health 116255
burglary and theft 90000 auto property damage
75000 total
8 Total losses and claims Accident 8470784 health 39
586 95 burglary and theft 1513628 auto property
damage 3608817 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 2339
15704 unearned premiums fifty per
cent 1169578 50
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 135
87866 unearned premiums pro rata 86976 07
170122 97
5396 27
175519 24
425850 00
601369 24
23 Total unearned premiums as shown by recapitulation 1256554 59974
ComptrollerGenerals Report
24 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident 3470917
health 1156972 liability 18797749 total
26 Burglary and theft
28 Auto property damage
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
234256 38
13168 76
22026 79
10000 00
69541 80
16546 70
46 Total amount of all liabilities except capital 2223464 26
47 Capital actually paid up in cash 250000 00
48 Surplus over all liabilities 332079 59
49 Surplus as regards policyholders
582079 59
50 Total liabilities 2805543 85
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 1738028 health
620442 liability 973726 burglary and theft
14414 automobile property damage 189461 total
Gross losses paid Accident 1191186 health 479230
liability 423055 automobile property damage 1
859 90 total
35360 76
22794 61
GEORGIA LITE INSURANCE COMPANY OF MACON GEORGLA
W E Small Iresident L A Shepherd Secretary
Some Office Georgia Lite Bldg Macon Georgia
ICapital Stock
1 Amount of capital paid up
in cash 500900 on
2 Amount of ledger assets as per balance
December 31 of previous yeari
3 Error in uncollected casualty premium
correction
Extended at
r56346 69
1323 40
77C70 09ComptrollerGenerals Report
975
IIIncome
1 Gross premiums written or renewed during the year
Accident 6480913 health 4794626 liability 270
21752 fidelity 399212 surety 1962553 plate
glass 1478264 steam boiler 439179 burglary and
theft 782876 auto property damage 4227618
workmens collective 676660 total 486636 53
2 Deduct reinsurance Accident 346155
health 237702 liability 103321
fidelity 10000 surety 132919
total 8300 97
3 Deduct return premiums on policies can
celled Accident 661132 health 3
30360 liability 3348812 fidelity
31805 surety 19927 plate glass
123252 steam boiler 68308 burglary
and theft 83508 auto prop damage
547581 workmens collective 1250
total 52159 35
4 Deduct premium on policies not taken
Accident 1291657 health 972809
liability 5296908 fidelity 6538
surety 85803 plate glass 209815
steam boiler 49115 burglary and
theft 79792 auto property damage
934630 workmens collective minus
470 total 89265 97
Total Deductions Accident 2298944 health 15
40871 liability 8749041 fidelity 48343 surety 2
38649 plate glass 333067 steam boiler 117423
burglary and theft 163300 auto property damage
1482211 workmens collective 780 total
149726 29
6 Net premiums Accident 4181969 health 3253755
liability 18272711 fidelity 350869 surety 17
23904 plate glass 1145197 steam boiler 321756
burglary and theft 619576 auto property damage
3145407workmens collective 675880 total
22 Gross interest on mortgage loans 6158 06
23 Gross interest on collateral loans 37 42
24 Gross interest on bonds and dividends on
stocks 5760 00
25 Gross interest on deposits in trust com
panies and banks 1244 02
26 Gross interest from all other sources
Policy notes and liens 243 50
336910 24976 ComptrollerGenerals Eeport
29 Gross rents from companys property in
cluding 396000 for companys occu
pancy of its own buildings 32469 87
30 Total gross interest and rents
31 From other sources
24 Increase in valuation of building
35 Income life department
39 Total income
45912 87
113093 13
94262 76
590179 00
IITDisbursements
1 Gross amount paid for losses Accident 2114949
health 2022969 liability 6249220 surety 1
66593 plate glass 524626 steam boiler 39600
burglary and theft 272460 automobile property
damage 1724627 workmens collective 88295
total 131833 39
2 Deduct reinsurance Accident 263568
health 293737 total 5573 05
3 Deduct salvage liability 4290 fidelity
2250 plate glass 30516 automobile
property damage 18700 total 557 56
4 Total deduction Accident 263568 health 293737
liability 4290 fidelity 2250 plate glass 30516
automobile property damage 18700 total 6130 61
5 Net amount paid policyholders for Kisses Accident
1851381 health 1729232 liability 6244930
fidelity minus 2250 surety 166593 plate glass
494110 steam boiler 39600 burglary and theft
2724 60 automobile property damage 1705927
workmens collective 68295 total 125702 78
17 Investigation and adjustment of claims viz Accident
31631 health 2950 liability 1189092 fidelity
2938 surety 14705 plate glass 1000 burglary
and theft 19155 automobile property damage
42005 total 13034 76
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 1705484 health 1274397 liability 40
25120 fidelity 124573 surety 420337 plate
glass 390888 steam boiler 87776 burglary and
theft 187907 auto property damage 719190
workmens collective 13338 total 89490 10ComptrollerGenerals Keport
97
28 Salaries fees and other compensation of officers directors
trustees and home office employees
30 Medical examiners fees and salaries
32 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes municipal license and
taxes
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Otherdisbursements
49 General expense
50 Traveling expense
53 Agents balances charged off
531 Disbursements life department
56 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
3 Policy loans life department
4 Book value of bonds 1347S56S and slocks 50
00000 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 1912 Accident 9
94139 health 620124 liability 73
53298 fidelity 32450 surety 3
24558 plate glass 2S58S3 steam
boiler 26475 burglary and theft 2
08247 automobile property damage
1043546 workmens collective 5
52537 total 114412 57
On policies or renewals issued prior to
October 1 1912 Accident 884215
Health 1099598 liability 335001
fidelity 8567 surety 70552 plate
glass 23304 steam boiler 44906
23829 00
7167 70
2475 00
2627 75
1327 50
1411 65
121 50
1399 55
3534 89
1834 54
397 05
2387 09
6170 50
453 35
125341 10
408705 81
375000 00
113134 88
2125 00
1482 00
190785 68
3115 57
68353 69
39645 47578 CompteollebGenebals Repoet
burglary and theft 14275 automobile
property damage 43785 workmens
collective 6299 total 25305 02
24 Total 139717 59
26 Other ledger assets viz
27 Advance on contract bond secured 2720 96
28 Agents balances casualty department 2045 01
29 Agents balances life department 1017 37
30 Ledger assets 939143 28
NonLedger Assets
31 Interest on mortgages 2227 43
32 Interest on bonds 100 00
33 Interest accrued on collateral loans 31 32
34 Interest accrued on other assets 199 67
37 Eents accrued on companys property or
lease 3274 84
38 Total 5833 26
41 Net amount of uncollected and deferred premiums life
department 4635 49
43 Gross assets 949612 03
Deduct Assets Not Admitted
45 Bills receivable agents balances net
casualty department 2045 01
49 Premiums in course of collection written
prior to Oct 1 1912 25305 02
51 Book value of ledger assets over market
value viz Bonds 6625 OS
53 Premium notes life Bept 387 03
54 Agents balances life department 1017 37
55 Total 35380 11
50 Admitted assets 914231 92
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 197203 health 195147 fidelity 55000ComptrollerGenerals Report
979
plate glass 52780 burglary and theft 195365
auto property damage 246389 total
4 Total losses and claims Accident 197203 health
195147 fidelity 55000 plate glass 52780 burg
lary and theft 195365 automobile property damage
246389 total
5 Deduct reinsurance Accident 10000 health 7857
total
6 Net unpaid claims except liability claims Accident
187203 health 187290 fidelity 55000 plate
glass 52780 burglary and theft 195365 auto
property damage 246389 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 65000 health 35000
burglary and theft 45000 total
8 Total losses and claims Accident 252203 health 2
22290 fidelity 55000 plate glass 52780 burglary
and theft 240365 automobile property damage
246389 total 1
17 Special reserve for unpaid liability losses
20 Total unpaidclaims and expenses of settlementi
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 29950162
unearned premiums fifty per cent 149750 81
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 519724
unearned premiums pro rata 4437 17
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 447363
health 279055 liability 1966598 fidelity 9375
surety 97367 plate glass 100594 steam boiler
7942 burglary and theft 72886 auto property
damage 313063 workmens collective 138134
total
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
35 Eeinsurance
9418 84
9418 84
178 57
9240 27
1550 00
10690 27
46764 00
57454 27
154187 98
34323 77
1500 00
1039 32980 ComptrollerGenerals Report
37 Other liabilities viz
38 Reserve life department 84422 09
39 All other life department liabilities 8663 31
4C Total amount of all liabilities except capital 341590 74
47 Capital actually paid up in cash 500900 00
48 Surplus over all liabilities 71741 18
49 Surplus as regards policyholders 572641 IS
50 Total liabilities 914231 92
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 2558623 health
2216873 liability 35064 41 fidelity 2765 17
surety 774254 plate glass 236903 steam boiler
92464 burglary and theft 148370 automobile
property damage 764079 workmens collective
26840 total 106013 64
Gross losses paid Accident 1215702 health 1215009
liability 1378146 fidelity 528 surety 1369 10
plate glass 189329 steam boiler 39600 burglary
and theft 5250 automobile property damage 2
73962 total 1 15 15 26
GLOBE INDEMNITY COMPANY OF NEW YORK
Henry Y Katon President A Duncan Reid Secretary
W R Hoyt 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 1349784 41
Extended at 13497M 11
IIIncome
1 Gross premiums written and renewed during the year
Accident 11937094 health 4648524 liability 2
19608710 fidelity 1492354 surety 3184711ComptrollerGenerals Report
981
plate glass 9924256 steam boiler 6639831 burg
lary and theft 206144 80 fly wheel 442275 auto
property damage 28350750 workmens collective
295000 total
2 Deduct reinsurance Accident 1459722
health 471116 liability 2100107
fidelity 38750 surety 162970
plate glass 4730 steam boiler
99827 burglary and theft 35557 21
fly wheel 14772 total 79077 15
3 Deduct return premiums on policies can
celled Accident 123122 health
57557 liability 9891550 fidelity
76876 surety 125799 plate glass
157935 steam boiler 130335 burg
lary and theft 619518 fly wheel
15665 auto property damage 8
11616 workmens collective 25125
total 120350 98
4 Deduct premium on policies not taken
Accident 1713022 health 763072
liability 56560574 fidelity 27692
surety 97593 plate glass 20
36599 steam boiler 1645430 burg
lary and theft 3745561 fly wheel
77854 auto property damage 77
43769 workmens collective 210000
total 746211 66
3071379 85
24
Total deductions Accident 3295866 health 1291745
liability 68552231 fidelity 143318 surety 3
86362 plate glass 2199264 steam boiler 1875592
burglary and theft 7920800 fly wheel 108291
auto property damage 8555385 workmens collec
tive 235125 total 945639 79
Net premiums Accident 8641228 health 3356779
liability 151056479 fidelity 1349036 surety
2798349 plate glass 7724992 steam boiler 47
64239 burglary and theft 12693680 fly wheel
333984 auto property damage 19795365 work
mens collective 59875 total 2125 740 06
Gross interest on bonds and dividends on
stocks less 458543 accrued interest
on bonds acquired during 1912 54234 57 9 25 30 31 38 39 1 2 3 4 5 17 23 2 ComptrollerGenerals Report Gross interest on deposits in trust eom 60066 484645 16855 54 05 50


From other sources Surplus paid in cash Gross increase by adjustment in book value of ledger

2687307 364292 3936 15 44 25
IIIDisbursement s Gross amount paid for losses Accident 1911995 health 769918 liability 25065787 plate glass 1238039 steam boiler 30310 burglary theft 2733332 auto property damage 4665697 workmens collective 14163 total
Deduct reinsurance Accident 121125 health 4643 burglary and theft 194898 total 3206 67 Deduct salvage Plate glass 2617 auto property damage 70341 total 729 58
Total deduction Accident 121125 health 4643 date glass 2617 burglary and theft 194899 auto propertv damage 70341 total

Net amount paid policyholders tor losses Accident 17 90870 health 765275 liability 25065787 plate glass 1235422 steam boiler 30310 burglary and theft 2538433 auto property damage 4595356 workmens collective 14163 total 360356 70571 427126 141779 50992 16 33 96 63 79
Investigation and adjustment of claims viz Accident 123500 health 30300 liability 6523688 plate jllass 32700 burglary and theft 280185 auto propertv damage 66760 total
Commissions or brokerage less amount received on return premiums and reinsurance for the following classes Accident 2074477 health 684528 liability 31438029 fidelity 212312 surety 245039 plate glass 2015011 steam boiler 927772 burglary and theft 3389022 fly wheel 13228 auto property damage 1699278 workmens collective 14010 total
28 Salaries fees and other compensation of officers directors trustees and home office emplovees
29 Salaries traveling and all other expenses of agents not paid by commissions


ComptrollerGenerals Report 983
31 Inspections other than medical and claim 40536 87
32Rents 10098 06
q tar nq
35 State taxes on premiums 1u
36 Insurance department licenses and fees 6837 18
39 Municipal licenses and fees 72 15
42 Legal expenses 4016 43
43 Advertising 1873 48
44 Printing and stationery 43497 07
45 Postage telegraph telephone and express 11289 02
46 Furniture and fixtures 18528 83
48 Other disbursements
49 Discount and exchange 133 14
50 Miscellaneous expense 10855 24
54 Gross loss on sale or maturity of ledger assets viz
Bonds 393250
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 10312 24
56 Total disbursements 1215955 17
IVLedger Assets
4 Book value of bonds 154054531 and stocks 527
48400 total 2078029 31
6 Deposits in trust companies and banks not on interest 274100 07
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1912 Accident 1713275
health 1002249 liability 30441953
fidelity 414627 surety 1746927
plate glass 1914384 steam boiler
1635952 burglary and theft 27
90465 fly wheel 127896 auto prop
erty damage 2533492 total 443212 20
On policies or renewals issued prior to
October 1 1912 Accident 111875
health 47215 liability 1494919
fidelity 19413 surety 54291 plate
glass 34512 steam boiler 54860
burglary and theft 34365 fly wheel
143500 auto property damage 1
05259 total 21002 09
24 Total 464214 29
26 Other ledger assets viz
27 Agents balances 3466 26
28 Workmans compensation reinsurance 1326 46
30 Ledger asset 223 31P984
ComptrollerGeneral s Report
NonLedger Assets
32 Interest accrued on bonds 22110 00
36 Total 22110 0O
43 Gross assets 2843 246 39
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 21002 09
51 Book value of ledger assets over market
value viz Bonds and stocks 11559 Ml
53 Agents balances 3466 20
56 Admitted assets 2807218 73
VLiabilities
2 Looses and claims reported or in process of adjustment
Accident 1687892 health 144251 plate glass
160237 burglary and theft 2071170 auto prop
erty damage 1378300 workmens collective 130id
tot1 54548 49
3 Losses and claims resisted Auto property damage 1
27500 total 1 275 00
4 Total losses and claims Accident 1687892 health
144250 plate glass 160237 burglary and theft
2071170 auto property damage 15058Oil work
mens collective 13000 total 55823 49
5 Deduct reinsurance Accident 172321 health 3750
burglary and theft 849431 total 10255 02
6 Net unpaid claims except liability claims Accident
1515571 health 140500 plate glass 160287
burglary and theft 1221739 auto property damage
1505800 workmens collective 13000 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 500110 health 5000 burg
lary and theft 50000 auto property damage 1
00 total
8 Total losses and claims Accident 1565571 health 1
45500 plate glass 160237 burglary and theft
1271739 auto property damage 1605800 work
mens collective 13000 total
4556S 47
11511 00
47618 47C0MPTK0LLERGeXEHAL S REPORT
985
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 1784
80915 unearned premiums fifty per
cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 152
77504 unearned premiums pro rata
892404 57
127014 50
125482 74
173101 21
23 Total unearned premiums as shown by recapitulation 1019419 07
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 561954
health 340765 liability 7159595 fidelity 96194
surety 414462 plate glass 616432 steam boiler
492422 burglary and theft 993892 fly wheel
26986 auto property damage 640001 total 113427 03
29 Salaries rents expenses bills accounts fees etc due or
accrued 12000 00
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 32000 00
37 Other liabilities viz Agents credit balances 2378 31
39 Workmans compensation reinsurance 175 51
40 Voluntary reserve for claims and contingencies 200000 00
46 Total amount of all liabilities except capitalif
47 Capital actually paid up in cash 750000 00
48 Surplus over all liabilities 504717 60
49 Surplus as regards policyholders
50 Total liabilities
1552501 13
1254717 60
2807218 73
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 17625 liability
131473 burglary and theft 3849 automobile prop
erty damage 3125 total
Gross losses paid Liability
1560 72
803 63986 ComptrollerGenerals Repoet
GREAT EASTERN CASUALTY COMPANY OF NEW YORK
Home Office 55 John Street New York City
ICapital Stock
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
S01587 80


IIIncome
1 Gross premiums written or renewed during the year
Accident 61503699 health 24020868 plate glass
9219585 burglary and theft 14611446 workmens
1095821 08
2 Deduct reinsurance Accident 1829739
health 22000 plate glass 132300
burglary and theft 1206512 total 31905 51
3 Deduct return premiums on policies can
celled Accident 967649 health 2
42516 plate glass 306047 burglary
and theft 466901 total 19831 13
4 Deduct premiums on policies not taken
Accident 9976111 health 4986637
plate glass 2609331 burglary and
theft 3465012 total 210370 91
5 Total deductions Accident 12773499 health 52
51153 plate glass 3047678 burglary and theft
262107 55

6 Net premiums Accident 48730200 health 18769715
plate glass 6171907 burglary and theft 9473021
workmens collective 226510 total 833713 53
20 Policy fees required or represented by applications 38759 00

24 Gross interest on bonds and dividends on
stocks less 642200 accrued interest
on bonds acquired during 1912 1S410 78
25 Gross interest on deposits in trust com
26945 13


899417 66

ComptrollerGenerals Report
987
IIIDisbursements
1 Gross amount paid for losses Accident 14973418
health 8027337 plate glass 2484076 burglary and
theft 4335613 workmens collective 53264
total
2 Deduet reinsurance Accident 677712
plate glass 31595 burglary and theft
650902 total 13602 09
3 Deduet salvage Plate glass 5092 08
total 5092 08
4 Total deduction Accident 677712 plate
glass 540803 burglary and theft 6
50902 total
5 Net amount paid policyholders for losses Accident 142
95706 health 8027337 plate glass 1943273 burg
lary and theft 3684711 workmans collective
53264 total
17 Investigation and adjustment of claims viz Accident
254165 health 16948 plate glass 675 burglary
and theft 196196 total
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 20171255 health 6084599 plate glass
1918854 burglary and theft 3028096 wrms col
lective 6939 total
28 Salaries fees and other compensation of officers directors
trustees and home office emplo3ees
29 Salaries traveling and all other expenses of agents not
paid by commissions
30 Medical examiners fees and salaries
31 Inspections other than medical claims
32 Pents
35 State taxes on premiums
36 Insurance department licenses and fees
42 Legal expenses
43 Advertising
44 Printing and stationery
4 Furniture and fixtures
46 Postage telegraph telephone and express
47 Stockholders for interest or dividends amount declared
during the year
48 Other disbursements Investment expense brokerage on
purchase of bonds
SO General Expense
298737
18694 17
280042 91
4679 84
38759 00
312097 43
76016 39
10646 56
1000 00
784 00
8000 00
9739 99
3170 35
5500 25
2005 26
18703 74
1491 10
7411 39
20000 00
175 00
5666 01988
ComptrollerGeneral s Beport
51 Journal subscription
52 Traveling expense
53 Agents balances charged off
56 Total disbursements
IVLedger Assets
2 Mortgage loans or real estate first liensi
4 Book value of bonds 41663324 and stocks 8475375
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 1912 Accident 50S1029
health 3596553 plate glass 11
92114 burglary and theft 2176024
total 120457 20
On policies or renewals issued prior to
October 1 1912 Accident 520737
health 313303 plate glass 22708
burglary and theft 40896 total 8976 44
238 98
6810 56
3605 31
816544 07
191500 00
496386 99
5748 77
693 15
55698 S4
24 Total 129433 64
30 Ledger assets 884461 39
NonLedger Assets
31 Interest acurued on mortgages 2679 40
32 Interest accrued on bonds 3S62 50
34 Interest accrued on other assets Bank
deposits 56 65
37 Rents on companys property or lease 6598 55
43 Gross assets 891059 94
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to October 1 1912 8976 44
51 Book value of ledger assets over market
value viz Bonds 28508 24
53 Stocks 1453 75
56 Admitted assets
852121 51ComptrollerGenerals Report
VLiabilities
1 Losses and claims reported in process of adjustment
Accident 2485119 health 838129 plate glass
95328 burglary and theft 874191 totals
3 Losses and claims resisted Accident 297950 health
8500 burglary and theft 291633 total
4 Total losses and claims Accident 2783069 health
846629 plate glass 95328 burglary and theft 11
65824 total
5 Deduct reinsurance Accident 14160 plate glass
1329 burglary and theft 150000 total
6 Net unpaid claims except liability claims Accident
2768909 health 846629 plate glass 93999
burglary and theft 1015824 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 82500 burglary and theft
80000 total
8 Total losses and claims Accident 28514 09 health 8
46629 plate glass 93999 burglary and theft 10
95824 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 60113576
unearned premiums fifty per cent 300567 88
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 2634493
unearned premiums pro rata 1575165
989
42927 67 5980 83
48908 50
1654 89
47253 61 1625 00
48878 61
48878 61
23 Total unearned premiums as shown by recapitulation 316319 53
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 1633587
health 1396486 plate glass 398166 burglary and
theft 735496 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
41637 35
890 39
12000 0O990 ComptrollerGenerals Report
35 Reinsurance 4848 91
36 Advance premiums one hundred per cent 2481 60
46 Total amount of all liabilities except capital 427056 39
47 Capital actually paid up in cash 250000 00
48 Surplus over all liabilities 175065 12
49 Surplus as regards policyholders 425065 12
50 Total liabilities 852121 51
THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE
COMPANY OF HARTFORD CONNECTICUT
L B Brainerd President Chas S Blake Secretary
Home Office 56 Prospect St Hartford Conn
Win 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 5068793 93
3 Extended at 5068793 93
ITIncome
1 Gross premiums written or renewed during the year
Steam boiler 164933964 fly wheel 5455293
total 1703892 57
2 Deduct reinsurance Steam boiler 64100
fly wheel 16982 total 810 82
3 Deduct return premiums on policies can
celled Steam boiler 12593759 fly
wheat 293365 total 128871 24
4 Deduct premiums on policies not taken
Steam boiler 7267693 fly wheel 4
03929 total 76716 22
5 Total deductions Steam boiler 1992552 fly wheel
714276 total
206398 28
6 Net premiums Steam boiler 145008412 fly wheel
4741017 total 1497494 29
21 Inspections 34467 60ComptrollerGenerals Keport
991
22 Gross interest on mortgage loans less 1
02078 accrued interest on mortgages
acquired during 1912 59992 43
24 Gross interest on bonds and dividends on
stocks less 388141 accrued interest on
bonds acquired during 1912 148750 01
25 Gross interest on deposits in trust com
panies and banks 2457 55
26 Gross interest from all other sources inst
on real estate 60 88
27 From delinquent premiums 42 38
28 From agents balances now fully paid 37 20
29 Gross rents from companys property in
cluding 500000 for companys occu
pancy of its own buildings 9310 42
36 From agents balances previously charged off 300 00
37 Gross profit on sale or maturity of ledger assets viz
125 00
Bonds
Stocks 1836 5
39 Total income 1754874 26
mDisbursements
1 Gross amount paid for losses Steam boiler 12930259
fly wheel 48353 total 129786 12
8 Net amount paid policyholders for losses Steam boiler
12930259 fly wheel 48353 total 129786 12
17 Investigation and adjustment of claims viz steam boiler
168479 total 1684 9
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Steam boiler 18390004 fly wheel 500743 total 188907 47
28 Salaries fees and other compensation of officers directors
trustees and home office employees 67613 74
29 Salaries traveling and all other expenses of agents not
paid by commissions 298099 16
31 Inspections other than medical and claim 518016 68
3o Bents including 500000 for companys occupancy of its
5000 00
own buildings
33 Repairs and expenses other than taxes on real estate 5394 31
9 65 5j
34 Taxes on real estate
35 State taxes on premiums
36 Insurance department licenses and fees 855
37 All other licenses fees and taxes Federal corporation
l9oo 0
tax 992
ComptrollerGenerals Report
39 State county corporation tax 22650 00
40 Municipal taxes 1997 77
42 Legal expenses 7536 65
43 Advertising 1254 74
44 Printing and stationery 20987 61
45 Postage telegraph telephone and express 20665 99
46 Furniture and fixtures 3912 13
47 Stockholders for interest or dividends amount declared
during the year 120000 00
48 Other disbursements office expenses 700 85
50 Exchange 566 68
54 Gross loss on sale or maturity of ledger assets viz
Bonds 911 67
56 Total disbursements 1451245 97
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Book value of bonds 286013706 and stocks 637
69986 total
5 Cash in companys office
7 Deposits in trust companies and banks on interest
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1912 Steam boiler 278
793 29 fly wheel 637024 totali
On policies or renewals issued prior to
October 1 1912 Steam boiler 117
53522 fly wheel 181427 total
90600 00
1193285 00
3497836 92
3929 2
161536 54
285163 53
119349 49
24 Total
26 Other ledger assets viz Cash in course of transmission
404513 02
20720 92
30 Ledger assets 5372422 22
NonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds
34224 95
41375 56
33 Total 75600 51
39 Market value not including interest in item 32 of
bonds and stocks over book value 8341 48
43 Gross assets 5456364 21ComptrollerGenerals Report
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to October 1 1912 119349 49
993
56 Admitted assets 5337014 72
VLiabilities
2 Losses and claims reported or in process of adjustment
Steam boiler 9466383 fly wheel 25000 total 94913 83
4 Total losses and claims Steam boiler 9466383 fly wheel
25000 total 94913 83
6 Net unpaid claims except liability claims Steam boiler
9466383 fly wheel 25000 total 94913 83
8 Total losses and claims Steam boiler 9466383 fly wheel
25000 total 94913 83
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 13042728
unearned premiums fifty per cent 65213 64
22 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 413710755
unearned premiums pro rata 2145518 80
30
37
57032 71
25000 00
23 Total unearned premiums as shown by recapitulation 2211732 44
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Steam boiler 5575866
fly wheel 127405 total
Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
Other liabilities viz Special and contingent reserve on
account of the assured liability for guaranteeing the
faithful performance by the Boiler Inspection and in
surance Co of Canada of its covenants and obliga
tions assumed under certain policies issued by that
company the companys proportion of the total prem
ium pertaining to such policies or 4305535 being 20
per cent of 21527673 the pro rata return theron
amounting to
22740 86
46 Total amount of all liabilities except capital 2411419 84994 ComptbollerGeneeals Eepoet
47 Capital actually paid tip in cash 1000000 00
48 Surplus over all liabilities 1925594 88
49 Surplus as regards policyholders 2925594 88
50 Total liabilities 5337014 72
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Steam boiler 2010019 fly
wheel 44677 total 20546 96
Gross losses paid Steam boiler 7671 52
INTERSTATE CASUALTY COMPANY OF BIRMINGHAM ALA
Henry B Gray President
H M Archibald Jr Secretary
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
3 Increase of paid up capital during the year
Extended at
387276 99
50000 00
50000 00
IIIncome
1 Gross premiums written or renewed during the year
Accident 977178 health 789146 liability 96
70690 fidelity 742283 surety 4222977 plate
glass 541010 steam boiler 22060 burglary and
theft 180134 auto property damage 973477
workmens collective 71090 total
2 Deduct reinsurance Accident 12139
health 9644 liability 18834 fidelity
8750 surety 140960 steam boiler
54121 total 2444 48
3 Deduct return premiums on policies can
celled Accident 66193 health 52346
liability 751601 fidelity 40655
surety 214841 plate glass 31948
burglary and theft 6392 fly wheel
16811 auto property damage 104090
total 12848 77
181900 45ComptrollerGenerals Report
4 Deduct premiums on policies not taken
Accident 224628 health 168378
liability 2373121 fidelity 109154
surety 320190 plate glass 110020
burglary and theft 17605 auto prop
erty damage 239972 workmens col
lective 50150 total 36132 18
5 Total deductions Accident 302960 health 230368
liability 3143556 fidelity 158559 surety 6
75991 plate glass 141968 steam boiler 54121
burglary and theft 23997 fly wheel 16811 auto
property damage 344062 workmens collective
50150 total
6 Net premiums Accident 674218 health 5587 78
liability 6527134 fidelity 583724 surety 35
46986 plate glass 399042 steam boiler 32061
burglary and theft 156137 fly wheel 16811 auto
property damage 629415 workmens collective
20940 total
22 Gross interest on mortgage loans 2045 00
24 Gross interest on bonds and dividends on
stocks 13663 88
25 Gross interest on deposits in trust com
panies and banks 927 20
26 Gross interest from all other sources 18 40
30 Total gross interest and rents
31 From other sources Increase in surplus by decreasing for
value of stock
34 Excess paid in by Industrial Insurance Co and placed in
surplus
39 Total income
IIIDisbursements
1 Gross amount paid for losses Accident 505265 health
339571 liability 2830748 fidelity 2977 surety
3324514 plate glass 173950 burglary and theft
2500 auto property damage 332567 workmens
collective 41105 interstate Accident Ins Co claims
930 total
5 Net amount paid policyholders for losses Accident 5
05265 health 339571 liability 2830748 fidelity
2977 surety 3324514 plate glass 173950 burg
995
51425 43
130475 02
16654 48
150000 00
785 40
735191 89
75541 27996
ComptrollekGenerals Eepoet
lary and theft 2500 auto property damage 3
32567 workmens collective 41105 Interstate Ac
cident Ins Co claims 930 total
17 Investigation and adjustment of claims viz
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 226525 health 190826 liability 18
16545 fidelity 171419 surety 933162 plate glass
104372 steam boiler 5636 burglary and theft
23042 fly wheel 198 auto property damage 1
21449 workmen s collective 3718
28 Salaries fees and 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
35 State taxes on premiums
36 Insurance department licenses and fees
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Other disbursements Special judgment Fuquay
49 Directors meetings
50 Aetuarys Inspections
51 Sundry expenses
Sl1 Collateral security on bond
52 Good roads const Co
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
Bonds
56 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
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
75541 27
1192 10
35968 92
22243 70
744 07
1200 00
478 34
1905 00
979 41
2700 48
2062 75
2059 73
2994 79
1685 33
566 28
2106 04
263 36
941 93
1089 13
1000 00
91 08
1330 88
3299 70
162444 29
145000 00
54800 00
4980 00
282775 00
134 70
6307 82
19174 16ComptrollerGeneral s Report
997
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1912 Accident 78302
health 50625 liability 895800
fidelity 81524 surety 484412 plate
glass 103618 burglary and theft
24781 auto property damage 1
69570 total 18886 32
On policies or renewals issued prior to
October 1 1912 Accident 42607
health 29085 liability 519026
fidelity 18950 surety 129763 plate
glass 1945 burglary and theft 4325
auto property damage 10850 work
mens collective 31463 total 7880 14
25 Bills receivable W2 63
26 Other ledger assets viz Advance to agents 1911 43
28 Guaranteed accounts 29735 40
30 Ledger assets 5727
NonLedger Assets
31 Interest accrued on mortgages 382 67
32 Interest accrued on bonds 1903 49
33 Interest accrued on collateral loans 303 57
34 Interest due and accrued on other assets 56 33
43 Gross assets
Deduct Assets Not Admitted
45 Bills receivable 1162 63
48 Loans on personal security endorsed or not 4980 00
49 Premiums in course of collection written
prior to Oct 1 1912 7880 14
55 Advance to agents 1911 43
56 Admitted assets 559459 46
47 60
2646 06
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident i
8 Total losses and claims Accident i
17 Special reserve for unpaid liability losses
104 28
104 28
47300 00998
ComptrollerGenerals Eeport
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 12220416
unearned premiums fifty per cent 61102 08
22 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 91698 un
earned premiums pro rata 292 61
23 Total unearned premiums as shown by recapitulation 61394 6
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz 6691 61
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 300000 00
48 Surplus over all liabilities 143968 88
49 Surplus as regards polieyholders
115490 58
443968 88
50 Total liabilities
559459 46
Business in the State of Georgia During the Year
Gross
premiums less return premiums on risks written or
renewed during the year Accident 3262 65 health
257330 liability 957336 fidelity 27325 surety
85745 plate glass 40847 steam boiler 54121
burglary and theft 18599 automobile property dam
age 210238 workmens collective 1893 total
Gross losses paid Accident 298507 health 143443
liability 167873 plate glass 2205 automobile
property damage 98804 total
1871457
7108 32
INTERSTATE LIFE AND ACCIDENT COMPANY OF CHATTANOOGA
TENNESSEE
H D Huffaker President I A Whittle Secretary
Home Office 705678 James Building Chattanooga Tennessee
Wm A Wright Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 156010 00
2 Amount of ledger assets as per balance
December 31 of previous year 200163 46
3 Increase of paid up capital during the year 15390 00
Extended at 215553 46ComptrollerGenerals Eeport
999
IIIncome
Gross premiums written or renewed during the year
Accident 4282115 health 3933785 plate glass
224781 surety 10250 totali
Deduct reinsurance Accident 116868
health 85071 total
Deduct return premiums on policies can
celled Accident 16248 health 7911
plate glass 4550 total
Deduct premiums on policies not taken
Accident 354205 health 262690
plate glass 31535 total
2019 39
287 09
6484 30
22
25
26
30
31
35
39
Total deductions Accident 487321 health 355672
plate glass 36085 total
Net premiums Accident 37947 94 health 3578113
surety 10250 plate glass 188696 total
Gross interest on mortgage loans 8247 16
Gross interest on deposits in trust com
panies and banks 324 50
Gross interest from all other sources Stock
notes 2281 92
Total gross interest and rents
From other sources Premium from the sale of stock
Return on furniture
84509 31
8790 78
75718 53
10853 58
15160 00
8 00
Total income 101740 11
IIIDisbursements
1 Gross amount paid for losses Accident 1909293
health 1623718 plate glass 53528 total 35865 39
2 Deduct reinsurance Accident 34818
health 53622 total 884 40
4 Total deduction Accident 34818 health 53622 total
884 40
5 Net amount paid policyholders for losses Accident 18
74475 health 1570096 plate glass 53528 total 34980 99
17 Investigation and adjustment of claims viz Included in
the medical examiners fees
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 1517032 health 1508939 surety
3075 plate glass 59598 total 30886 441000
ComptrollerGenerals Report
28 Salaries fees and 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
32 Kents
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax
39 Commission on Sale of stock
40 Traveling expenses
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
48 Other disbursements Discount
50 General expense
51 Library expense
52 Other expense
56 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate
1 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 1912 Accident 2115 91
health 211591 plate glass 30000
total 4531 82
24 Total
25 Bills receivable
26 Other ledger assets viz Due from agents
28 Stationery
29 Furniture and fixtures
30 Ledger assets
NonLedger Assets
31 Interest accrued on mortgages 3426 27
8793 43
12894 15
699 00
2744 56
106 64
1028 75
1732 48
5312 00
5753 10
1677 10
802 46
2418 39
1196 13
311 62
1893 44
10 00
1907 80
115148 48
130600 00
1271 56
6698 68
42765 88
4531 82
9177 90
2422 10
1500 00
3177 15
202145 09ComptrollerGenerals Report
1001
206015 42
34 Interest accrued on other assets 444 06
37 Rents 3870 33
38 Total 3870 33
43 Gross assets
Deduct Assets Not Admitted
45 Bills receivable 9177 90
46 Furniture and fixtures 3177 15
47 Supplies printed matter and stationery 1500 00
51 Book value of ledger assets over market
value viz Due from agents 21 78 35
55 Total 16033 40
56 Admitted assets 189982 OJ
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 125134 health 62566 total 1877 00
8 Total losses and claims Accident 125134 health
62566 total 1877 00
20 Total unpaid claims and expenses of settlement 1877 00
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 1260370
unearned premiums fifty per cent 6301 85
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 50000 health
40000 plate glass 10000 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 Reinsurance
46 Total amount of all liabilities except capital
6301 85
1000 00
742 40
1800 00
200 00
11921 251002 ComptrollerGenerals Kepobt
47 Capital actually paid up in cash 156010 00
48 Surplus over all liabilities 22050 77
49 Surplus as regards policyholders 178060 i 7
50 Total liabilities 189982 02
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 794839 health
799043 total 15938 82
Gross losses paid Accident 583798 health 382781 total 9665 79
LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK
William T Woods President Charles E W Chambers Secretary
William L McNevin 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 957441 64
Extended at 957441 64
TTIncome
1 Gross premiums written and renewed during the year
Plato glass
2 Deduct no reinsurance rebates Plate
glass 207 5
3 Deduct return premiums on policies can
celled Plate glass 51410 41
4 Deduct premiums on policies not taken
Plate glass 74581 39
Total deductions Plate glass
707949 80
126199 30
6 Net premiums Plate glass 581750 44
22 Gross interest on mortgage loans 1353 46
24 Gross interest on bonds and dividends on
stocks 22844 50
26 Gross interest from all other sources No
note of E B Barrows note paid off 70 77ComptrollerGenerals Report
1003
29 Gross rents from companys property in
cluding 1000000 for companys occu
pancy of its own buildings
21718 37
30 Total gross interest and rents 45987 10
36 From agents balances previously charged off 83 76
38 Gross increase by adjustment in book value of ledger
assets viz Real estate 5450 2f
39 Total income
633271 59
IIIDisbursements
1 Gross amount paid for losses Plate glass
3 Deduct salvage Plate glass
9246 43
4 Total deduction Plate glass
5 Net amount paid polieyholders for losses Plate glass
28 Salaries fees and other compensation of officers directors
trustees and home office employees
29 Salaries traveling and all other expenses of agents not
paid by commissions
32 Rents including 1000000 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 Internal Revenue
39 County taxes
40 City taxes
41 Canada tax
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
45 Furniture and fixtures
47 Stockholders for interest or dividends amount declared
during the year
48 Other disbursements give items and amounts Sundries
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
Stocks
238193 78
9246 43
228947 35
183576 31
77749 IS
12984 02
8748 60
7137 00
7398 26
7575 18
2 00
6 73
913 15
177 21
878 17
2781 54
4225 84
6297 98
464 10
5111110 III
7376 11
94 21
12001 50
56 Total disbursements
619934 471004 CompteollebGenebals Eepoet
IVLedger Assets
1 Book value of real estate 255763 18
2 Mortgage loans on real estate 45500 00
4 Book value of bonds 28128783 and stocks 260
06284 total 541350 67
5 Cask in companys office 218 75
6 Deposits in trust companies and banks not on interest 23726 95
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1912 Plate glass 8860308
total 88603 08
On policies or renewals issued prior to
October 1 1912 Plate glass 1561613
total 1561613
24 Total 104219 21
30 Ledger assets 970778 76
NonLedger Assets
31 Interest accrued 37124 on mortgages 1171 24
32 Interest accrued on bonds 2M4 05
37 Rents due and accrued on companys prop
erty or lease 275 00
38 Market value of real estate over book
value 19236 82
40 Other nonledger assets viz Salvage glass
on hand 5697 43
42 Sundry accounts 145 00
43 Gross assets 2S049 54
Deduct Assets Not Admitted
4i Furniture and fixtures salvage glass on
hand 7fic 43
48 Loans on personal security endorsed or
not sundry accounts 145 00
W Premiums in course of collection written
prior to October 1 1912 15616 13
51 Book value of ledger assets over market
value viz Bonds 13988 83
53 Stocks 247N B i
56 Admitted assets 930 052 07ComptkolleeGeneeals Bepoet
VLiabilities
1 Losses and claims adjusted Plate glassi
2 Losses and claims reported or in process of adjustment
Plate glass
1005
13455 81
12755 88
4 Total losses and claims Plate glass
6 Net unpaid claims except liability claims plate glass
26211 09
26211 69
8 Total losses and claims Plate glass 26211 69
20 Total unpaid claims and expenses of settlement 26211 69
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 491
57290 unearned premiums fifty per
cent 245786 45
22 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 16390016
unearned premiums pro rata 7982685
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after Oct 1 1912 viz Plate glass
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
37 Other liabilities viz Reserve for unreported losses
39 Building reserve fund
325613 30
29534 36
6 42
8000 00
269 24
9000 00
5450 21
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash
48 Surplus over all liabilities
284996 77
49 Surplus as regards policyholders
50 Total liabilities
404085 30
534996 77
939082 07
Business in the State of Georgia During the Year
dross premiums less return premiums on risks written or
renewed during the year Plate glass
Gross losses paid Plate glass
1157 74
270 771006
ComptrollerGenerals Report
UNITED STATES BRANCH OF THE
LONDON GUARANTEE AND ACCIDENT COMPANY LTD
OF LONDON ENGLAND
P W Lawson General Manager
T L Riley Co Attorneys for Service in Georgia
ICapita Stock
1 Amount of capital paid up
in cash statutory de
posit 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year4 3560103 55
Extended at J560J03 55
TTIncome
1 Gross premiums written and renewed during the year
Accident 11649253 health 19202 82 liabilitv
3581943 51 steam boiler 4304598 burglary and
tJheft 156045 69 credit 36733334 auto property
damage 21207209 workmens collective 86
97654 total 4583112 50
2 Deduct reinsurance Accident 1487998
health 158184 liability 1019302
steam boiler 1095664 burglary and
theft 1964517 credit 400000 auto
property damage 2682 workmens
collective 48139 total 61764 S
Deduct return premiums on policies can
celled Accident 197797 health
47451 liability 34348744 steam
boiler 452137 burglary and theft
666100 credit 141625 auto prop
erty damage 23352SS workmens col
lective 923713 total 391128 55
4 Deduct premiums on policies not taken
Accident 1444795 health 398501
liability 26078638 steam boiler 6
85769 burglary and theft 2135149
credit 1031250 auto property dam
age 2436169 workmens collective
240444 total 34406 45
5 Total deductions Accident 3130520 health 604136
liability 61446684 steam boiler 2233570 burglary
ComptrollerGenerals Beport
1007
and theft 4765766 credit 1572875 auto prop
erty damage 4774139 workmens collective 12
12296 total 797399 86
6 Net premiums Accident 8518733 health 1316146
liability 296747667 steam boiler 2071028 burg
lary and theft 10838803 credit 35160459 auto
property damage 16433070 workmens collective
7485358 total 3785712 64
24 Gross interest on bonds and dividends on
stocks less 509257 accrued interest
on bonds acquired during 1912 95026 91
25 Gross interest on deposits in trust com
panies and banks 3867 17
26 Gross interest from all other sources
On delayed premiums etc 126 65
3CI Total gross interest and rents 99020 73
31 From other sources Profit and Loss Co writing off old
checks not presented for payment 336
34 Cash received from home office London 381962 85
39 Total income 4267053 17
IIIDisbursements
1 Gross amount paid for losses Accident 9550397
Health 868768 liability 140211518 steam boiler
299986 burglary and theft 5753299 credit
30123788 auto property damage 4536291 work
mens collective 4843117 total 1961871 64
2 Deduct reinsurance Accident 3671114
health 40389 burglary and theft 3
67147 total 40786 50
3 Deduct salvage Burglary and theft 1
19801 credit 6872171 total 69919 72
4 Total deduction Accident 3671114 health 40389
burglary and theft 486948 credit 6872171 total 110706 22
5 Net amount paid policyholders for losses Accident 58
79283 health 828379 liability 1402115 18
steam boiler 299986 burglary and theft 5266351
Credit 23251617 auto property damage 4536291
workmens collective 4843117 total 1851165 42
17 Investigation and adjustment of claims viz Accident
329178 health 12789 liability 42843920 burg
lary and theft 227400 credit 476548 auto prop
erty damage 79164 total 439689 991008
ComptrollerGenerals Report
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 2962182 health 440171 liability 735
42948 steam boiler 515761 burglary and theft
3679163 credit 10550950 auto property damage
4313105 workmens collective 1697145 977014 25
28 Salaries fees and other compensation of officers directors
trustees and home office employees 99444 26
29 Salaries traveling and all other expenses of agents not
paid by commissions 96842 87
31 Inspections other than medical and claim 38506 14
32 Bents 9821 34
35 State taxes on premiums 51090 90
36 Insurance department licenses and fees 4350 15
37 All other licenses fees and taxes Personal property
tax 1170 29
40 State city county taxes and fees 2 162 64
41 Income tax sterling bonds 50 04
42 Legal expenses 1 877 18
43 Advertising 11084 83
44 Printing and stationery jg 043 05
45 Postage telegraph telephone and express 6041 17
46 Furniture and fixtures 2 57 86
47 Stockholders for interest or dividends amount declared
during the year remitted home office 57125 30
49 Office and general expense 5 957 23
50 Exchange 680 18
51 Bureau subscriptions 8 334 80
3683039 37
56 Total disbursements
IVLedger Assets
4 Book value of lionds 2 922 960 21
5 Cash in companys office 1500 00
7 Deposits in trust companies and banks on interest 349 418 69
8 Premiums in course of collection viz On
policies or renewals issued on or after
October 1 1912 Accident 1521521
health 380428 liability 64601654
steam boiler 754865 burglary and
theft 2831794 auto property damage
3198852 workmens collective 17
70020 total 750591 34
On policies or renewals issued prior to
October 1 1912 Accident 212708
health 64873 liability 8513248
steam boiler 146666 burglary andComptrollerGenerals Keport
1009
theft 86950 auto property damage
140234 workmens collective
74681 total 92393 60
24 Total 842984 94
26 Other ledger assets viz Work Oomp Reinsurance and
Inspection Bureau 4881 70
27 Working funds in hands of claim agents 5700 00
28 Agents suspense 15672 12
29 Traveling 999 69
30 Ledger assets 4144117 35
NonLedger Assets
32 Interest accrued on bonds 38081 48
43 Gross assets 4182198 83
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 92393 60
51 Book value of ledger assets over market
value 180414 16
53 Working funds in hands of claim agents 5700 00
54 Agents suspense 15672 12
55 Traveling 999 69
56 Admitted assets 3887019 26
VLiabilities
Losses and claims reported or in process of adjustment
Accident 563500 health 198000 steam boiler
335500 burglary and theft 863000 credit on
policies expiring prior to Oct 1912 6750 auto
property damage 1315000 workmens collective
830800 total 47808 00
Losses and claims resisted Accident 4750000 credit
on policies expiring prior to Oct 1912 3400000
total 81300 00
Total losses and claims Accident 5313500 health
9180 steam boiler 335500 burglary and theft
6830 credit on policies expiring prior to Oct
1912 4075000 auto property damage 1315000
workmens collective 830800 total
129308 00oio
ComptbollebGeneeals Repobt
5 Deduct reinsurance Accident 1669300 health 2200
burglary and theft 69200 total
6 Net unpaid claims except liability claims Accident
3644200 health 195800 steam boiler 335500
burglary and theft 793800 credit on policies ex
piring prior to Oct 1912 4075000 auto property
damage 1315000 workmens collective 830800
total
7 Estimated expenses of investigation and adjustment of
unpaid claims Credit On policies expiring prior to
Oct 1912
17407 00
111901 00
2000 00
8 Total losses and claims Aceident 3644200 health
195800 steam boiler 335500 burglary and theft
793800 credit on policies expiring prior to Oct
1912 4275000 auto property damage 1315000
workmens collective 830800 total 113901 00
17 Special reserve for unpaid liability losses 1061093 00
IS Special reserve for credit losses on policies expiring in
October November and December 1912 being fifty
per cent of 11297250 gross premiums received on
said policies less 1566634 paid during said months
on losses under said policies 40819 91
19 Special reserve for accrued losses on credit policies in
force December 31 1912 being fifty per cent of
14584417 earned premiums on said policies 72922 08
20 Total unpaid claims and expenses of settlement 1288735 99
21 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 254556226
unearned premiums fifty per cent 1272781 13
22 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 27024760
unearned premiums pro rata 134776 61
23 Total unearned premiums as shown by recapitulation 1407557 74
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 511747
health 133150 liability 15894355 steam boiler
221182 burglary and theft 946725 auto property
damage 879684 workmens collective 442505
total 190293 48ComptrollerGenerals Eeport
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
36 Advance premiums one hundred per cent
1011
554 73
30000 00
11444 41
7663 77
742 03
46 Total amount of all liabilities except capital 2936992 15
47 Capital actually paid up in cash statutory
deposit 500000 00
48 Surplus over all liabilities 450027 11
49 Surplus as regards policyholders
950027 11
50 Total liabilities 3887019 26
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 382033 health
112599 liability 1717413 steam boiler 37702
burglary and theft 92454 automobile property dam
age 151377 workmens collective 85434 total
Gross losses paid Accident 179658 health 201091
liability 1349897 burglary and theft 19625
automobile property damage 44860 workmens col
lective 17813 total
25790 32
18129 44
LOYAL PROTECTIVE INSURANCE COMPANY OF BOSTON MASS
S Augustus Allen President Frances R Parks Secretary
W A Wright Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 351207 23
Extended at 351207 231012
ComptrollerGenerals Eeport
IIIncome
1 Gross premiums written and renewed during the year
Accident 512032 65
3 Deduct return premiums on policies can
celled Accident 1824 68
5 Total deductions Accident
6 Net premiums Accident
20 Policy fees required or represented by applications
24 Gross interest on bonds and dividends on
stocks less 30396 accrued interest on
bonds acquired during 1912 9451 04
25 Gross interest on deposits in trust com
panies and banks 2185 70
29 Gross rents from eompanys property 120 00
30 Total gross interest and rents
36 From agents balances previously charged off
39 Total income
IIIDisbursements
1 Gross amount paid for losses Accident and health
5 Net amount paid policyholders for losses Accident and
health
17 Investigation and adjustment of claims viz Accident
and health 125132 total
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health
28 Salaries fees and other compensation of officers directors
t nistees 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
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax
39 State Seey certificates and filing fees 9025 Cal Corp
tax 2500 total
1824 68
510807 97
46388 00
11756 7
303 00
569255 71
297353 92
297353 92
1251 32
46277 00
48695 15
71347 00
11383 23
219 00
52 80
1338 04
8521 10
2452 50
118 03
115 25
ComptrollerGenerals Eeport
1013
40 Arkansas franchise tax 10000 Kan school fund
tax 5000 total
41 Mass corp tax 35386 carr and custody of funds Mass
5000 Wis 25 cents 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
49 Mis safe deposit 2000 petty cash 13289 consulting
Actuary 10000 total
50 Ins Journals and Assns 96325 exchange 19260
health bulletin 90990 total
51 Office supplies 142419 Ins and Bonding Cos 35142
52 Officers travelling expense 28670 badges 45528
53 Agents balances charged off
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds
56 Total disbursements
IVLedger Assets
4 Book value of bonds 27736864 and stocks 1930000
total
5 Cash in companys office
7 Deposits in trust companies and banks on interest
30 Ledger assets
NonLedger Assets
32 Interest accrued on bonds
43 Gross assets
3850 84
Deduct Assets Not Admitted
51 Book value of ledger assets over market
value viz Bonds
53 Stocks

4938 64
500 00
54 Total
50 A dmitfed assets
30 00
404 11
4973 71
1966 24
7606 00
7586 93
797 49
10000 00
252 89
2065 75
1775 61
741 98
231 85
387 50
531064 40
296668 64
600 00
92129 90
389398 54
393249 38
5438 64
387810 741014
ComptrollerGeneral s Report
VLiabilities
1 Losses and claims Includes 1000000 estimate for claims
not reported incurred prior to Dec 31 1912
2 Losses and claims reported or in process of adjustment
Accident and health
3 Losses and claims resisted Accident and health
4 Total losses and claims Accident and health
6 Net unpaid claims except liability claims Accident and
health
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health
3 Total losses and claims Accident and health
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 13924100
unearned premiums pro rata 92827 33
23 Total unearned premiums as shown by recapitulation
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
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 100000 00
48 Surplus over all liabilities 100795 91
73831 64
268 52
74100 16
74100 16
140 35
74240 51
74240 51
92827 33
100 00
8775 99
5071 00
181014 83
49 Surplus as regards policyholders 206795 91
50 Total liabilities 387 810 74
Business in the State of Georgia During the Year
Cross premiums less return premiums on risks written or
renewed during the year Accident and health
Gross losses paid Accident and health
1730 72
1401 57CompteolleeGeneeals Repobt
1015
UNITED STATES BRANCH OP THE LONDON LANCASHIRE
GUARANTEE AND ACCIDENT COMPANY OF CANADA
United States Office 5759 William St New York N Y
A MacLean Manager
ICapital Stock
1 Amount of deposit capital 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
298975
298975 S9
IIIncome
1 Gross premiums written and renewed during the year
Accident 1008433 health 219575 plate glass
1926911 total
2 Deduct reinsurance Accident 35250
health 14700 total
3 Deduct return premiums on policies can
celled Accident 21678 health 7050
plate glass 328X4 total
4 Deduct premiums on policies not taken
Accident 58650 health 22050
plate glass 200992 total
5 Total deductions Accident 115578 health 43800
plate glass 233806 total
6 Net premiums Accident 892855 health
plate glass 1693105 total
24 Gross interest on bonds and dividends on
stocks less 16020 accrued interest
on bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
31549 19
499 50
615 42
2816 92

9172 50
959 19
30 Total gross interest and rents
31 From other sources Eemittances from head office
33 London and Lancashire Fire Ins Co Ltd cash advanced

3931 84
27617 35
39 Total income
10131 69
370788 78
1000 00
409537 2
IIIDisbursements
1 Gross amount paid for losses Accident 57700 health
16434 plate glass 214503 total
2886 371016
ComptrollerGenerals Report
2 Deduct reinsurance Accident 4375
health 2860 total
3 Deduct salvage Plate glass
72 35
21 87
4 Total deduction Accident 4375 health 2860 plate
glass 2187 total
5
17
23
28
29
31
32
35
36
39
43
44
45
46
48
50
51
52
Net amount paid policyholders for losses Accident
53325 health 13574 plate glass 2123 16 total
Investigation and adjustment of claims viz Accident
7375 plate glass 4236 total
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 172868 health 36868 plate
glass 352055 total
Salaries fees and 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 and claim
Rents
State taxes on premiums
Insurance department licenses and fees
Municipal taxes
Advertising
Printing and stationery
Postage telegraph telephone and express
Furniture and fixtures
Other disbursements Information bureaus
Traveling
Office expenses
Investment expense insurance on bonds
56 Total disbursements
IVLedger Assets
4 Book value of bonds
5 Cash in companys office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 3
06948 health 58570 plate glass 5
45303 total
On policies or renewals issued prior to
October 1 1912 Accident 33160

91 OS 21
94 22
2792 15
116 IT
5617 91
2446 73
6740 18
121 67
94 21
45 08
3008 94
27 195 3519 00 OS 67
366 46
544 73
489 78
357 75
99 56
17 50
26600 51
583773 61
149 86
2456 82
8549 65ComptrollerGenerals Report
1017
health 1333 plate glass 58812
total
933 05
24 Total
30 Ledger assets
NonLedger Assets
32 Interest due 275000 and accrued 2
74792 on bonds
497 92
37 Total
43 Gross assets
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to October 1 1912
51 Book value of ledger assets over market
value viz Bonds per schedule D
933 05
10146 86
55 Total
56 Admitted assets
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 25000 health 7500 plate glass
4700 total
4 Total losses and claims Accident 25000 health 7500
plate glass 4700 total
6 Net unpaid claims except liability claims Accident
25000 health 7500 plate glass 4700 total
8 Total losses and claims Accident 25000 health 7500
plate glass 4700 total t
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 2677484
unearned premiums fifty per cent 13387 42
10041 26
681913 20
5497 92
687411 12
11079 91
676331 21
372 00
372 00
372 00
372 00
372 001018
ComptrollerGenerals Eeport
22 Gross premiums less reinsurance upon all
unexpireil risks running more than one
year from date of policy 14475 un
earned premiums pro rata
144 75
23 Total unearned premiums as shown by recapitulation 13532 17
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 94399
health 16295 plate glass 188195 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 Due London and Lancashire Fire
Insurance Company Ltd
46 Total amount of all liabilities except capital
47 Deposit capital 250000 00
48 Surplus over all liabilities 402377 00
49 Surplus as regards policyholders 652377 00
50 Total liabilities 676331 21
2988 89
5068 27
643 19
286 45
63 24
1000 00
23954 21
MARYLAND CASUALTY COMPANY OF BALTIMORE MARYLAND
Jno T Stone President Jas F Mitchell Secretary
A Haas Son Howell Attorneys for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6383939 53
Extended fit 6383939 53
IIIncome
1 dross premiums written and renewed during the year
Accident 96407597 health 38340921 liability
358267745 fidelity 28925718 surety 50216308ComptrollerGexerals Report
1019
10937354
plate glass 36831495 steam boiler 36447654 burg
lary and theft 39327175 sprinkler 16645147 fly
wheel 3418084 auto property damage 18563528
workmens collective 9833761 phys defense S
50130 total
2 Deduct reinsurance Accident 4224848
health 1259514 liability 94009
fidelity 2234868 surety 2216956
plate glass 52082 burglary and theft
724520 Sprinkler 130032 phys
defense 525 total
3 Deduct return premiums on policies can
celled Accident 164047 health 1
06845 liability 22093158 fidelity
400210 surety 1092304 plate glass
260318 steam boiler 1043164
Burglary and theft 166041 sprinkler
153365 fly wheel 31572 auto prop
erty damage 299511 workmens col
lective 349050 phys defense 12054
total
4 Deduct premiums on policies not taken
Accident 14339466 health 7142650
liability 52669168 fidelity 5299707
surety 4463719 plate glass 74
90425 steam boiler 7124458 burg
lary and theft 8230938 Sprinkler
5235904 fly wheel 660287 auto
property damage 4169093 workmens
collective 1017834 phys defense
949015 total 1187926 64
7382752 63
261716 39
6
Total Deductions Accident 18728361 health 8509009
liability 74856335 fidelity 7934785 surety 77
72979 plate glass 7802825 steam boiler 8167622
burglary and theft 9121499 sprinkler 5519301
fly wheel 691859 auto property damage 4468604
workmens collective 1366884 phys defense 9
61594 total
Net premiums Accident 77679236 health 29831912
liability 283411410 fidelity 20990933 surety
42443329 plate glass 29028670 steam boiler
28280032 burglary and theft 30205676 sprinkler
11125846 fly wheel 27262 25 auto property dam
14094924 workmens collective 8466877
age
phys
1559016 57
defense 4088536 total 5823736
061020 ComptrollerGenerals Eeport
24 Gross interest on bonds and dividends on
stocks less 5340i3 accrued interest
on bonds acquired during 1912 186 667 4
25 Gross interest on deposits in trust com
panies and banks 91q qq
26 Gross interest from all other sources 916 47
29 Gross rents from companys property in
cluding 6251061 for companys occu
pancy of its own buildings 82 713 58
30 Total gross interest and rents 71 OQ
37 Gross profit on sale or maturity of ledger assets viz
Bonds
oc r 1848 05
38 Gross increase by adjustment in book value of ledger
assets viz Bonds
Stocks 5663
15375 00
39 Total income I
6117830 24
HIDisbursements
L Gross amount paid for losses Accident 38603314 health
17086428 liability 121551033 fidelity 19 879 00
surety 6270056 plate glass 12382138 steam boiler
2704501 burglary and theft 8208522 sprinkler
5625910 fly wheel 110085 auto property damage
4900188 workmens collective 5083145 phys
defense 1701392 total 2262146 12
Deduct reinsurance Accident 2126800
health 644803 burglary and theft
55111 total og 0g 14
3 Deduct salvage Liability 66600 fidelity
639284 surety 1095674 plate glass
278440 steam boiler 59631 sprink
ler 305444 total oM50 3
4 Total deduction Accident 2126800 health 6 448 03
liability 66600 fidelity 639284 surety 10956 74
plate glass 278440 steam boiler 59631 burglary
and theft 55111 sprinkler 305444 total 52j77 g
5 Net amount paid policyholders for losses Accident
3646514 health 16441625 liability 1214 844 33
fidelity 1348616 surety 5174382 plate glass
12103698 steam boiler 2644870 burglary and theft
8153411 sprinkler 5320466 fly wheel 1100 85
auto property damage 4900188 workmens collective
0083145 phys defense 1701392 total 2209 428 5
17 Investigation and adjustment of claims viz Accident 17
94962 health 645077 liability 40839065 fidelity
ComptrollerGenerals Report 1021
31421 surety 535872 plate glass 420779
steam boiler 111560 burglary and theft 718818
sprinkler 285631 fly wheel 210 auto property
damage 374550 workmens collective 291042
phys defense 606496 total 469382 73
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 28221698 health 9217007
liability 64194090 fidelity 5493920 surety 97
40250 plate glass 9636319 steam boiler 6921628
burglary and theft 8700680 sprinkler 2582622
fly wheel 681203 auto property damage 3004268
workmens collective 1625625 phys defense 12
03919 total 1512232 29
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 296903 84
29 Salaries traveling and all other expenses of agents not
204984 45
paid by commissions
30 Medical examiners fees and salaries du
31 Inspections other than medical and claim 141751 39
32 Bents including 6251061 for companys occupancy of
its own buildings
33 Repairs and expenses other than taxes on real estate 491 o4 bo
9 894 96
34 Taxes on real estate
8o 449 zo
35 State taxes on premiums iq497 32
36 Insurance department licenses and fees 1947
37 All other licenses fees and taxes Federal corporation
2644 4o
rtaX 5634 52
39 Municipal licenses
40 Traveling
41 Premium on bonds 26080 miscellaneous 29811 total oo tfl
42 Legal expenses foJllltl
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express W
46 Furniture and fixtures
47 Stockholders for interest or dividends amount declared
s 180000 00
during the year
48 Other disbursements Bureaus and Assns
50 Exchange and interest JJJ
51 Tax on capital stock
54 Gross loss on sale or maturity of ledger assets viz
472 5ft
Bonds
55 Gross decrease by adjustment in book value of ledger
fi4 o49 9
assets viz Bonds
loO 00
Stocks
56 Total disbursements 5501859 511022
ComptrollerGenerals Report
IVLedger Assets
1 Book value of real estate 1 248 827 20
2 Mortgage loans on real estate first liens 600000 other
than first 1945774 25 457 74
4 Book value of bonds 411964169 and stocks 32438500 4444026 69
5 Cash in companys office 21 584 43
6 Deposits in trust companies and banks not on interest 17307 32
7 Deposits in trust companies and banks on interest 162107 17
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 112
60977 health 3917825 liability
46473849 fidelity 2239594 surety
8004008 plate glass 4515075 steam
boiler 6161515 burglary and theft
6102068 sprinkler 2008750 fly
wheel 310355 auto property damage
2297474 workmens collective 20
89491 phys defense 631704 total 960126 85
On policies or renewals issued prior to
October 1 1912 Accident 69318
health 43955 liability 2067686
fidelity 234794 surety 3419514
plate glass 40698 steam boiler 9138
burglary and theft 27321 sprinkler
22922 auto property damage 96494
workmens collective 3907 phys de
fense 13200 total 60489 47
24 Total
25 Bills receivable secured 856648 for premium 200000
26 Other ledger assets viz Bills receivable unsecured
28 Agents balances
29 Reinsured losses due from other co s
1020616 32
10566 48
5979 29
39600 78
3836 84
30 Ledger assets g nqp
910 26
NonLedger Assets
32 Interest accrued on bonds
43 Gross assets
28511 52
7028421 78
Deduct Assets Not Admitted
45 Bills receivable 5 979 29
49 Premiums in course of collection written
prior to October 1 1912 60489 47ComptrollerGenerals Beport
1023
51 Book value of ledger assets over market
value viz Agents balances
39600 7S
56 Admitted assets
6922352 24
VLiabilities
Losses and claims resisted for policyholders Surety
57678 steam boiler 720000 auto property damage
9 37700 phys defense 1370000 total
2 Losses and claims reported or in process of adjustment
Accident 7202835 health 1734427 fidelity 19
06477 surety 3825609 plate glass 1961936 steam
boiler 558913 burglary and theft 1623763 sprmk
ler 618255 auto property damage 958028 work
mens collective 1247726 phys defense 382o00
3 Lossland claims resisted Accident 2985000 health
500 00 fidelity 1425000 steam boiler 20000
burglary and theft 1395000 sprinkler 147500 fly
wheel 75000 total
4 Total losses and claims Accident 10187835 health
7 84427 fidelity 3331477 surety 6582287 plate
glass 1961936 steam boiler 1548913 burglary and
theft 3018763 sprinkler 765755 fly wheel 75000
auto property damage 1195728 workmens collective
1247726 phys defense 1752500 totals
6 Net unpaid claims except liability claims Accident
10187835 health1784427 fidelity 333147
Surety 65822 87 plate glass 1961936 steam boiler
15 48913 burglary and theft 3018763 sprinkler
7 65755 fly wheel 75000 auto property damage
1195728 workmens collective 1247726 phys
fense 1752500 total
7 Estimated expenses of investigation and adjustment ot
unpaid claims Accident 229174 health 23503
plate glass 2947 steam boiler 125587 burglary
and theft 196107 sprinkler 38609 auto property
damage 178672 1S collective 331674
total
50853 78
220194 69
63475 00
334523 47
de
334523 47
workmens collective
11262 73
8 Total losses and claims Accident 10417009 health
18 07930 fidelity 3331477 surety 6582287
plate glass 1964883 steam boiler 1674500 burg
lary and theft 3214870 sprinkler 804364 fly wheel1024
ComptrollerGenerals Report
75000 auto property damage 1374400 workmens
collective 1579400 phys defense 1752500
total
17 Special reserve for unpaid liability losses
345786 20
119423500
20 Total unpaid claims and expenses of settlement 1540021 20
21 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 419271198
unearned premiums fifty per cent 2096355 99
22 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 107094133
unearned premiums pro rata 588 909 12
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 3941341
health 1295345 liability 11529660 fidelity 5
97972 surety 2041022 plate glass 1462884 steam
boiler 1484925 burglary and theft 1745191
sprinkler 460003 fly wheel 78830 auto property
damage 574367 workmens collective 522373
phys defence 189511 total
29 Salaries rents expenses bills accounts fees etc due or
accrued
30 Kstimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
35 Reinsurance
2685265 11
259234 24
14638 22
99259 34
11151 85
46 Total amount of all liabilities ex
cept capital 4609572 96
47 Capital actually paid up in cash 1000000 0
48 Surplus over all liabilities 1312779 28
49 Surplus as regards policyholders 2 312 779 8
50 Total liabilities 69223o2 27
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 2202346 health
1591855 liability 5490669 filelitv 221393
Surety 289392 plate glass 580550 steam boiler
295440 burglary and theft 626138 sprinklerComptrollekGenerals Eeport
1025
60315 fly wheel 214451 automobile property dam
age 831164 workmens collective 936 phys de
fense 43900 total
Gross losses paid Accident 977742 health 1120931
liability 2297741 fidelity 52345 surety 46305
plate glass 265897 steam boiler 7544 burglary
and theft 389417 sprinkler 25762 automobile
property damage 377562 workmens collective
7262 total
123966 77
55685 08
MASSACHUSETTS BONDING AND INSURANCE COMPANY OF
BOSTON MASSACHUSETTS
T J Falvey President John T Burnett Secretary
Home Office 7785 State Street Boston Massachusetts
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 2288283 08
Exten
dedat 2288283 08
IIIncome
1 Gross premiums written and renewed during the year
Accident and health 35911258 liability 99116231
fidelity 32191886 surety 56931098 plate glass
21389073 burglary and theft 19114490 fiuto
property damage 2896127 total 2675501 63
2 Deduct reinsurance Accident and health
752330 liability 1040250 fidelity
1541891 surety 3239578 burglary
and theft 2751406 total 93254 55
3 Deduct return premiums on policies can
celled Accident and health 1876465
liability 8061536 fidelity 2299160
surety 4534133 plate glass 8
99302 burglary and theft 1951201
auto property damage 642317 total 202641 14
4 Deduct premiums on policies not taken
Accident and health 2787426 liabil
ity 13814987 fidelity 19138561026
OomptbollebGeneeals Eepoet
surety 4394638 plate glass 21
69384 burglary and theft 2893681
total 279739 72
5 Total deductions Accident and health 5416221
liability 229167 73 fidelity 5754907 surety 12
68349 plate glass 3068686 burglary and theft
7596288 auto property damage 642317 total 575635 41
6 Net premiums Accident and health 30495037 liability
76199458 fidelity 26436979 surety 44762749
plate glass 18320387 burglary and theft 115
18202 auto property damage 2253810 total 2099866 22
20 Policy fees required or represented by applications 12544 00
24 Gross interest on bonds and dividends on
stocks less 369546 accrued interest
on bonds acquired during 1912 69878 68
25 Gross interest on deposits in trust com
panies and banks 3800 28
26 Gross interest from all other sources 13 41
29 Gross rents from companys property 272 40
30 Total gross interest and rents 73964 77
31 From other sources North Boston lighting properties
rights 200 00
33 Pennsylvania Casualty Co 2 37
37 Gross profit on sale or maturity of ledger assets viz
Bonds 1686 25
39 Total income 2188263 61
I IIIDisbursements
1 Gross amount paid for losses Accident and health 68
15750 liability 12541979 fidelity 3299142
surety 14985503 plate glass 4487698 burglary
and theft 3183571 auto property damage 287604
total
2 Deduct reinsurance Accident and health
17500 burglary and theft 374116
total 3916 16
3 Deduct salvage Fidelity 371206 surety
3415601 late glass 5962 burglary
and theft 106038 total 38988 07
4 Total deduct ion Accident and health 17500 fidelitv
371206 surety 3415601 plate glass 5962 burg
lary and theft 480154 total
456012 47
42904 23ComptrollerGenerals Report
1027
5 Net amount paid polieyholders for losses Accident and
health 67982 50 liability 12541979 fidelity 29
27936 surety 11569902 plate glass 4481736
burglary and theft 2703417 auto property damage
287604 total
17 Investigation and adjustment of claims viz Accident
and health 250079 liability 2504320 fidelity
535912 surety 2186943 burglary and theft 2
35884 total
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health 11556436 liability
15228738 fidelity 4770916 surety 10421335
plate glass 6484415 burglary and theft 3005650
auto property damage 103155 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
31 Inspections other than medical and claim
32 Rents
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
38 Federal corporation tax
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
48 Other disbursements Traveling expenses 26904 78
Supplies 427 25
Dividends to polieyholders 88 62
Light and heat I206 89
Profit and loss 87 50
Mercantile agencies 1588 80
Miscellaneous 7043 86
Underwriters Boards and Tariff Assn 2418 45
Insurance 1110 33
52 Total
413108 24
57131 38
12544 00
515706 45
141323 13
170782 80
2490 03
15870 38
717 14
677 86
11871 61
10553 20
6616 10
116 18
7682 10
15839 10
29706 57
25374 86
15122 00
60000 00
47882 481028
ComptrollerGenerals Beport
53 Agents balances eharged off
54 Gross loss on sale or maturity of ledger assets viz
Bonds
56 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Book value of bonds 173906347 and stocks
25842 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 1912 Accident and
health 4733022 liability 19983872
fidelity 7362479 surety 11569610
plate glass 5258914 burglary and
theft 3155348 automobile property
damage 525892 total
On policies or renewals issued prior to
October 1 1912 Accident and health
984312 liability 4155981 fidelity
1531151 surety 2406094 plate
glass 1093679 burglary and theft
656208 automobile property damage
109367 total
215
947 11
939 75
1563002 47
14000 00
5000 00
1954321 89
18569 84
43228 01
213307 02
525891 37
24 Total
25 Bills receivable
26 Other ledger assets viz
27 Advanced on contracts
28 Deposited with Workmens Compensation
Reinsurance and Inspection Bureau
29 Due from Pennsylvania Casualty Company
109367 92
280ss 76
753 10
512 41
635259 29
504 00
Total
20354 17
30 Ledger assets
NonLedger Assets
32 Interest accrued on bonds 20725 84
2113544 22
37 Total
43 Gross assets
20725 84
2934270 06ComptbollebGenebals Eepokt
1029
Deduct Assets Not Admitted
45 Bills receivable 504 00
49 Premiums in course of collection written
prior to October 1 1912 109367 92
51 Book value of ledger assets over market
value viz Stocks and bonds 49923 89
53 Workmens Compensation Reinsurance and
Inspection Bureau 1 0 03
55 Total
56 Admitted assets
159966 84
2774303 22
VLiabilities
2 Losses and claims reported or in process pf adjustment
Accident and health 3117887 fidelity 908244
surety 8256146 plate glass 248284 burglary and
theft 852400 auto property damage 61250 total
Losses and claims resisted Accident and health 14
09065 fidelity 635000 surety 8696947 burglary
and theft 1124000 auto property damage 100000
total
3
134442 11
119650 12
4
Total losses and claims Accident and health 4526952
fidelity 1543244 surety 16953093 plate glass 2
48284 burglary and theft 1976400 auto property
damage 161250 total
Deduct reinsurance Accident and health 700000 fidelity
125000 surety 250000 burglary and theft 2
79932 total
254092 23
13549 32
6 Net unpaid claims except liability claims Accident and
health 3826952 fidelity 1418244 surety 167
03093 plate glass 248284 burglary and theft 16
96468 auto property damage 161250 total 240542 91
7 Estimated expenses of investigation and adjustment of
unpaid claims fidelity 227500 surety 1080000
total
13075 00
8 Total losses and claims Accident and health 3826952
fidelity 1645744 surety 17783093 plate glass
248284 burglary and theft 1696468 auto property
damage 161250 total
17 Special reserve for unpaid liability losses
20 Total unpaid claims and expenses of settlement
253617 91
86682 45
340300 361030 ComptrollerGenerals Report
21 Gross premiums less reinsurance upou
all unexpired risks running one year or
less from date of policy 142378201
unearned premiums fifty per cent 711891 00
22 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 30327244
unearned premiums pro rata 138269 56
23 Total unearned premiums as shown by recapitulation 850160 50
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident and health
1183255 liability 4995968 fidelity 1840619
surety 2892403 plate glass 1314728 burglary
and theft 788838 auto property damage 131473
total 131472 84
29 Salaries rents expenses bills accounts fees etc due or
aecrued 6759 39
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement oi aq n0
35 Reinsurance nun ah
9119 46
36 Advance preminms one hundred per cent not included
in items 23 and 28 above 3 500 00
46 Total amount of all liabilities except capital 1372822 43
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 401480 79
49 Surplus as regards policyholders 1401480 79
50 Total liabilities 2774303 22
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident and health 2
84577 liability 492729 fidelity 471016 surety
1374166 plate glass 125166 burglary and theft
523I8j automobile property damage 11106 total 22110 78
Gross losses paid Accident and health 46619 liability 1
31615 surety 176485 plate glass 7495 burglary
and theft 7980 total 3 701 94ComptrollerGenerals Report 1031
MASONIC MUTUAL ACCIDENT COMPANY OF SPRINGFIELD MASS
Clyde W Young President
Samuel W Munsell Secretary
Home Office 121 State Street Springfield Mass
ICapital Stock
2 Amount of ledger assets as per balance
December 31 of previous year
24780 23
Extended at
IIIncome
1 Gross premiums written and renewed during the year
Accident and health
3 Deduct return premiums on policies cancelled Accident
and health
6 Net premiums Accident and health
20 Policy fees required or represented by applications
24 Gross interest on bonds and dividends on
stocks less 6327 accrued interest on
bonds acquired during 1912 786 73
25 Gross interest on deposits in trust com
panies and banks 118

30 Total gross interest and rents
39 Total income v
IIIDisbursements
1 Gross amount paid for losses Accident and health
5 Net amount paid policyholders for losses
17 Investigation and adjustment of claims viz Accident
and health
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health
28 Salaries fees and all other compensation of officers
directors trustees and home office employees
30 Medical examiners fees and salaries
32 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
24780 23
51506 35
219 28
51287 07
13800 00
904 90
65991 97
24525 58
24525 58
671 98
13800 00
8227 24
8213 70
80 00
892 00
392 05
794 551032
COMPTROLLERGrENERAL s REPORT
37 AH other licenses fees and taxes Tax on e
fund
42 Legal expenses
43 Advertising printing and stationery
45 Postage telegraph telephone and express
46Furniture and fixtures
48 Other disbursements Miscellaneous expenses
50 Traveling expenses of officers
53 Agents balances charged off
mergency
55 Total disbursements
3 63
71 95
1711 92
1369 61
241 76
731 97
1157 10
132 31
63017 35
IVLedger Assets
4 Book value of bonds
5 Cash in companys office
7 Deposits in trust companies and banks on interest
26 Other ledger assets viz Agents balances
28 Interest in hands of State Treas
30 Ledger assets
NonLedger Assets
32 Interest accrued on bonds
354 60
Total
39 Market value not including interest in item 32 of
bonds and stocks over book value
40 Other nonledger assets viz
41 Furniture and fixtures
12 Supplies on hand
ii Gross assets
Deduct Assets Not Admitted
46 Furniture and fixtures
47 Supplies printed matter and stationery
50 Overdue and accrued interest on bonds in
default
51 Honk value of ledger assets over market
value viz Agents balances
950 00
250 00
437 60
921 38
56 Admitted assets
20397 60
1092 22
5148 65
921 38
195 00
27754 85
354 60
100 00
950 00
250 00
29409 45
26850 472
8
20
22
23
24
29
30
36
46
48
49
50
ComptrollerGeneral s Report
VLiabilities
Losses and claims reported Accident and health
Total losses and claims Accident and health
Total unearned premiums as shown by recapitulation
Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident and health
8596 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
Advance premiums one hundred per cent
Total amount of all liabilities except capital
Surplus over all liabilities 16353 30
surplus as regards policyholders
Total liabilities
1033
2210 67
2210 67
Total unpaid claims and expenses of settlement 2210 67
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 4889 94
4889 94
85 90
146 11
450 110
2713 50
10497 17
16353 30
26850 47
THE MASONIC PROTECTIVE ASSOCIATION OF WORCESTER MASS
Francis A Harrington President Frank Harrington Secretary
Home Office 518 Main Street Worcester Mass
ICapital Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 286738 27
Extended af
IIIncome
1 Gross premiums written and renewed during the year
Accident and health
286738 27
295442 901034
ComptbollebGtexeeals Eepoet
3 Deduct return premiums on policies can
celled Accident and health
5 Total deductions Accident and health
339 53
6 Net premiums Accident and health
20 Policy fees required or represented by applications
24 Gross interest on bonds and dividends on
stocks less 68492 accrued interest on
bonds acquired during 1912 9146 90
25 Gross interest on deposits in trust com
panies and banks 1883 06
30 Total gross interest and rents
31 From other sources Collectors overremittances
37 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Total income
IIIDisbursements
1 Cross amount paid for losses Accident 7849390
health 6886321 total
5 Net amount paid policyholders for losses Accident
7149390 health 6886321 total
17 Investigation and adjustment of claims viz Accident
and health
22 Policy fees retained by agents
2 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health
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
32 Rents
35 state taxes on premiums
36 insurance department licenses and fees
38 Federal corporation tax
39 state corporation tax
42 Lena I 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
339 53
295103 37
74855 00
11029 96
7 91
367 50
102 01
147357 11
147357 1 1
3846 31
73500 03
81581 44
11501 54
5477 05
1710 18
36S4 33
2259 45
176 04
1797 00
318 55
758 88
4567 22
4405 36
4418 7
5000 00ComptrollerGenerals Report
1035
48 Other disbursements Miscellaneous
53 Agents balanees charged off
54 Gross loss on sale or maturity of ledger assets viz
Bonds
1062 69
55 69
1725 00
56 Total disbursements 325202 62
IVLedger Assets
4 Book value of bonds
5 Cash in companys office
7 Deposits in trust companies and banks on interest
30 Ledger assets
NonLedger Assets
32 Interest accrued on bonds
4364 94
4 Total losses and claims Accident 11778 80 health
2536778 total
6 Net unpaid claims except liability claims Accident 11
77880 health 2536778 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 21560 health 45080 total
8 Total losses and claims Accident 1199440 health 25
81858 total
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon
all unexpired risks running 3 months
from Dec 1 1912 9353600 unearned
premiums pro rata 23 62357 33
248512 50
326 85
94060 04
342899 39
43 Gross assets W 33
Deduct Assets Not Admitted
51 Book value of ledger assets over market
value viz Bonds per schedule D 3382 50
56 Admitted assets 343881 83
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 11778 80 health 24667 78 totali
3 Losses and claims resisted Health
36446 58
700 00
37146 58
37146 58
666 40
37812 98
37812 98
23 Total unearned premiums hs shown by recapitulation
S2357 331036
ComptrollerGenerals Eeport
29 Salaries rents expenses bills accounts feesetc 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
46 Total amount of all liabilities except capital
47 Cash actually paid up in cash 100000 00
48 Surplus over all liabilities 134 691 70
2169 32
5508 50
1342 00
109190 13
49 Surplus as regards policyholders 234691 70
50 Total liabilities 343 gg gg
Business in the State of Georgia During the Year
Gross premiums less return premiums on risks written or
renewed during the year Accident and health
Gross losses paid Accident and health
13454 54
10485 13
THE METROPOLITAN CASUALTY INSURANCE COMPANY OF
NEW YORK N Y
Eugene H Window President 8 v Burton Secretary
Home Office 47 Cedar Street New fork N Y
Henry Y North Augusta 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 8418S1 96
Extended at
IIIncome
841881 96
1 Gross premiums written and renewed during the year
Accident 15939516 health 4765970 plate glass
64434796 total 851402 8
2 Deduct reinsurance Accident 669540
health 69698 total 7392 32
3 Deduct return premiums on policies can
celled Accident 213409 health
99955 plate glass 1195921 total 15092 80CompteolleeGeneeals Repoet
1037
i Deduct premiums on policies not taken
Accident 2316480 health 933713
plate glass 9393766 total126439 59
5 Total deductions Accident 3199429 health 1103360
plate glass 10589687 total
6 Net premiums Accident 12740087 health 3662610
plate glass 53845109 total
24 Gross interest on bonds and dividends on
stocks less 21639 accrued interest on
bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
26146 94
1632 28
30 Total gross interest and rents
36 From agents balances previously charged off
37 Gross profit on sale or maturity of ledger assets viz
Stocks
39 Total income
IIIDisbursements
1 Gross amount paid for losses Accident 5199237
health 1595093 plate glass 21776397 total
2 Deduct reinsurance Accident 180694
health 37588 total 2182 82
3 Deduct salvage Plate glass 4208 27
17
23
29
30
81
32
35
Total deduction Accident 180694 health 37588
plate glass 420827 total
Net amount paid policyholders for losses Accident 50
18543 health 1557505 plate glass 21355570
total
Investigation and adjustment of claims viz Accident
190391 total
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 4190960 health 1284648 plate
glass 17578064 total
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
Medical examiners fees and salaries
Inspections other than medical and claim
Rents
State taxes on premiums
148924 76
702478 06
27779 22
11 16
521 00
73079 44
285707 27
6391 09
279316 18
1903 91
230536 72
79857 06
19226 77
1996 30
19 50
7532 54
8634 931038
ComptkollerGenebals Beport
36 Insurance department licenses and fees
37 All other licenses fees and taxes Municipal licenses
38 Federal corporation tax
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
4b Furniture and fixtures
47 Stockholders for interest or dividends amount declared
during the year
48 Other disbursements Exchange on bank checks
50 Commercial agencies and underwriters associations
61 Home office expenses for toilet supplies ice and drinking
water
53 Agents balances charged off
56 Total disbursements
6784 1356 184 1278 ft 80 96 48
3072 58
7592 04
6188 55
851 1 34
20000 00
294 70
3245 46
348 83
772 54
680995 67
VLedger Assets
4 Book value of bonds 45989275 and stocks 217
58995 total
5 Cash in company g 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 1912 Accident 22
38466 health 1026508 plate ylass
10352725 total16J7
On policies or renewals issued prior to
October 1 HIJ2 Accident 90967
health 41790 plate trlass 511221
total 6439 78

24 Total
26 Other ledger assets viz Reinsurance loss account
30 Ledger assets
XonLedger Assets
32 Interest accrued on bonds 5 4g2 4g
37 Total
39 Market value not including interest in item 32 of
bonds and stocks over book value
677482 70
2368 15
1000 00
67823 76
142617 37
383 75
891675 73
5482 49
3942 30
43 Uross assets
901100 52ComptrollerGenerals Report
1039
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912
3439 78
55 Total
56 Admitted assets
VLiabilities
1 Losses and claims Reported on in process of adjustment
Accident 1744649 health 252891 plate glass 10
46135 totals
3 Losses and claims resisted Accident 430750 health
15800 total
4 Total losses and claims Accident 2175399 health
268691 plate glass 1046135 total
8 Total losses and claims Accident 2175399 health
268691 plate glass 1046135 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 70577807
unearned premiums fifty per cent 352889 04
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 776478
health 356119 plate glass 3344232 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
35 Reinsurance
37 Other liabilities viz Reserve for unreported losses
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 200000 00
48 Surplus over all liabilities 238881 37
49 Surplus as regards policyholders
50 Total liabilities
6439 It
894660 74
30436 75
4465 50
34902 25
34902 25
34902 25
352889 04
44768 29
813 53
6990 78
1085 86
14329 62
455779 37
438881 37
894660 741040
ComptrollerGenerals Beport
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 5226 01 health
186314 plate glass 181741 total
Gross losses paid Accident 495458 health 56854 plate
glass 38996 total
8906 56
5913 08
NATIONAL CASUALTY COMPANY OF DETROIT MICHIGAN
W G Curtis President Franklin S Dewey Secretary
A M Crosby 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 322409 19
Extended at
322409 19
IIIncome
1 Gross premiums written and renewed during the vear
Accident and health
2 Deduct reinsurance Accident and health 7921 05
3 Deduct return premiums on policies can
celled Accident and health 1952 7
4 Deduct premiums on policies not taken
Accident and health j s
5 Total deduct inns Accident and health
718844 68
660 33
413 74
0 Net premiums Accident and health
20 Policy fees required or represented by applications
22 Iross interest or mortgage loans
23 Gross interest on collateral loans
24 Gross interest on bonds and dividends on
stocks less 68262 accrued interest on
bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
26 Gross interest from all other sources
Interest on delinquent agency balances
11325 99
181 91
92 47
30 Total gross interest and rents
21412 15
697432 53
43000 00
12674 14CoMPTROLLERGrENERALS REPORT 1041
36 From agents balances previously charged off 82 50
38 Gross increase by adjustment in book value of ledger
assets viz Stocks 1800
39 Total income 754989 4
IIIDisbursem ents
1 Gross amount paid for losses Accident and health 293713 09
2 Deduct reinsurance Accident and health 4987 30
4 Total deduction Accident and health 498 3U
5 Net amount paid policyholders for losses Accident and
health 288727 79
17 Investigation and adjustment of claims viz Accident
t in 4908 91
and health
22 Policy fees retained by agents 4192 55
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident and health 242795 98
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 54820 3
29 Salaries traveling and all other expenses of agents not
naid bv commissions oou
10461 76
32 Rents
12 477 21
35 State taxes on premiums I
36 Insurance department licenses and fees 323 97
37 All other licenses fees and taxes
38 Municipal licenses in states and sundries
3 030 71
42 Legal expenses o
43 Advertising
44 Printing and stationery 948 b
45 Postage telegraph telephone and express 914 03
46 Furniture and fixtures H6 58
47 Stockholders for interest or dividends amount declared
during the year 16000 00
48 Other disbursements General expense 391 80
50 Traveling expenses home office 4o62 46
53 Agents balances charged off 1785 3
54 dross loss on sale or maturity of ledger assets viz
da 14175
Bonds
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 849 08
56 Total disbursements Hou 1042
ComptrollerGeneral s Eeport
IVLedger Assets
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other coV
laterals
4 Book value of bonds 22762093 and stocks30400 00
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 1912 Accident and
Aealtl1 2022 00
24 Totals
26 Other ledger assets viz Agents balances secured
30 Ledger assets
NonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds
33 Interest accrued on collateral loans
34 Interest accrued on other assets
40 Other nonledger assets viz Furnitui
and supplies
513 67
4130 49
95
17o 00
30000 00
43 Gross assets
Deduct Assets Not Admitted
47 Furniture fixtures supplies printed
matter and stationery 30m 0Q
56 Admitted assets
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident and health
3 Losses and claims resisted Accident and health

4 Total Losses and claims Accident and health
Deduct reinsurance Accident and health
6 Net unpaid claims except liability claims Accident and
health
25950 00
8400 00
258020 93
1756 47
27751 96
5000 00
2022 00
0192 06
335093 42
370008 IS
3400OS 49
20917 00
2260 00
2 177 00
Nil id
22488 00ComptrollerGenerals Report
1043
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health
500 00
Total losses and claims Accident and health 22988 00
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon all
all un expired risks running one year or
less from date of policy 2212345
unearned premiums fifty per cent 11061 73
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident and health
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
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 200000 00
48 Surplus over all liabilities 91614 06
49 Surplus as regards policyholders
50 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident and health
Gross losses paid Accident and health
22988 00
11061 73
450 00
200 00
11000 00
2694 70
48394 43
291614 06
340008 49
7086 45
3219 07
NATIONAL SURETY COMPANY OF NEW YORK N Y
Urn B Joyce President Hubert T Xewitt Secretary
Home Office 115 Broadway New York City N Y
Boyd Berry 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 6457532 35
j 6457532 35
Extended at 1044
ComptkollekGtexebals Eepoet
IIIncome
1 Gross
2
3
premiums wntten and renewed during the rear
Fidelity 168346609 surety 264020121 burglary
and theft 74125750 total j
Deduct reinsurance Fidelity 3042166
surety 15779765 burglary and theft
11262042 total 300839 73
Deduct return premiums on policies can
celled Fidelity 8600019 surety 51
39092 burglary and theft 2809876
total
4 Deduct premiums on policies not taken
Fidelity 22450265 surety 478
01335 burglary and theft 16835323
total 870860 23
165489 87
5064924 80
5 Total deductions Fidelity 34092450 surety 687
20192 burglary and theft 309072 41 total 1337198 83
6 Net premiums Fidelity 134254159 surety 1952
99929 burglary and theft 43218509 total 3 77 725 17
22 Gross interest on mortgage loans
24 Gross interest on bonds and diyidends on
stocks less 4288465 accrued interest
on bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
26 Gross interest from all other sources
Miscellaneous
29 Gross rents from companys property
294 12
215796 64
11688 32
4923 93
8076 10
30 Total gross interest and rents 4
31 From other sources Miscellaneous income
33 Items in suspense
34 Agents remittance
36 From agents balances previously charged off
37 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Total income
IIIDisbursements
1 Gross amount paid for losses Fidelity 122332 23
surety 71284222 burglary and theft 19S62369
total
Deduct reinsurance Fidelity 508743
surety 1223385 burglary and theft
2199244 total t
39313 72
240779 11
152 00
287S 84
85593 in
286 26
91 50
4083417 36
1330798 14ComptrollerGenerals Eeport
1145
3 Deduct salvage Fidelity 16986825
surety 21476096 burglary and theft
472553 total
389354 74
4 Total deduction Fidelity 17495568 surety 226
99481 burglary and theft 2671797 total 428668 46
5 Net amount paid policyholders for losses Fidelity 247
37655 surety 48584741 burglary and theft 168
90572 total 902129 68
17 Investigation and adjustment of claims viz Fidelity
4481287 surety 4398614 burglary and theft 9
99792 total 796 93
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 28018023 surety 40163059 burglary
and theft 11255485 total 794365 67
Livestock 46302297
29 Salaries traveling and all other expenses of agents not
paid by commissions 160887 53
30 Cons atty E V P and atty in fact fees 23083 46
31 Inspections other than medical and claim 18419 62
61873 78
32 Eents
33 Eepairs and expenses other than taxes on real estate 7606 02
34 Taxes on real estate 3609 8
35 State taxes on premiums 59219 i
36 Insurance department licenses and fees 21391 41
37 All other licenses fees and taxes Federal corporation
4570 00
tax
39 Tax on franchise 146 4
on 0i
40 Tax on personal property
42 Legal expenses 469 4l
49 IQQ 93
43 Advertising
44 Printing and stationery 46952 8
45 Postage telegraph telephone and express 58246 57
46 Furniture and fixtures 16466 26
47 Stockholders for interest or dividends amount declared
during the year 22500000 2l939 0
48 Other disbursements Incidentals 3377836 insurance
153633 exchange 107331 traveling expenses
1883373 development 1960846 Surety Assn of
Amer 165715 bonded attys 1051746 profit and
loss miscellaneous 686278 total 93867 58
53 Agents balances charged off 15S
F4 Gross loss on sale or maturity of ledger assets viz
275 00
Eeal estate
2 el
Bonds 1046
ComptkollerGenekals Report
Stoeks
Loss on mortgage loans
56 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Book value of bonds 375596775 and stocks 1745
23263 total
5 Cash in company a office
6 Cash in transit
7 Deposits in trust companies and banks on interest
fi Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Fidelity 353
88554 surety 18003738 burglary
and theft 91276 11 total
On policies or renewals issued prior to
October 1 1912 Fidelity 11650092
surety 36032815 burglarv and theft
2324829 total
625199 03
500077 36
24 Total
25 Bills receivable
26 Other ledger assets viz
Advances secured by collateral since paid
Advances on account of railroad inspection
Accounts rec 1271302 reins due on
loss 4533131
Advance commissions 3599309 receiv
ers certificate 1000000
City treasurer warrants 65965 advance
on contracts 8378139 suspense 19
48816 total
Excise reins committee 5374297 cash
in suspended banks 4710749
29 Total
30 Ledger niseis
NonLedger Assets
31 Interest accrued on mortgages
32 Interest due 2060609 and accrued 22
27856 on bonds
35 Deposits in banks and trust companies
43 tiros nsMts
9309 42
12634 25
5si 144 33
45993 09
10392 20
100850 40
334 02
42884 65
1786 38
1000 00
205S 44
3098742 55
181343 03
11390 57
5501200 38
6141 31
39888 23
744408 83
1125276 39
1797 67
330760
330760 75
7987212 41ComptkollekGenekals Eeport
Deduct Assets Not Admitted
43 Accounts rec 1271302 reins on paid losses 28
01880 total
44 Advance commission
45 Bills receivable 179767 advance on contracts 13
92436 total
46 Suspense
47 Cash in suspended bks
49 Premiums in course of collection written prior to October
1 1912
51 Book value of ledger assets over market value viz
Bonds
1047
06 Admitted assets
40731 82
35993 09
15722 03
19488 16
37732 49
500077 36
144779 85
794524 80
7192687 61
VLiabilities
2 Losses and claims reported or in process of adjustment
Fidelity 20967522 surety 48840389 burglary and
theft 3940333 total
3 Losses and claims resisted Fidelity 18404047 surety
30016387 burglary and theft 750000 total
737482 44
491704 34
4 Total losses and claims Fidelity 39371569 surety
78856776 burglary and theft 4690333 total
5 Deduct reinsurance Fidelity 7357518 surety 55
33405 burglary and theft 499713 total
1229186 78
133906 36
i Net unpaid claims except liability claims Fidelity
32014051 surety 73323371 burglary and theft
41906 20 total
7 Estimated expenses of investigation and adjustment of
unpaid claims
1095280 42
32858 41
8 Total losses and claims
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon all
unexpired risks running one year or
less from date of policy 324429892
unearned premiums fifty per cent 102011 64
22 Gross premiums less reinsurance upon
all unexpired risky running more than
one year from date of policy 755
44633 unearned premiums pro rata tii42 l
1128138 83
1128138 83
23 Total unearned premiums as shown by recapitulation 2142443 811048
ComptrollerGenerals Report
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Fidelity 7077711
surety 3600747 burglary and theft 1825522 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
34 Return premiums
35 Rinsurance and co surety due
36 Premiums unadjusted
37 Other liabilities viz Bond and mortgage
125039 80
11228 64
55915 89
60126 00
7673 27
31032 64
68474 95
8500 00
46 Total amount of all liabilities except capital 3638 573 83
47 Capital actually paid up in cash 2000000 00
48 Surplus over all liabilities 1554113 78
49 Surplus as regards policyholders 3554 113 v
50 Total liabilities 7192687 Cl
Business in the State of Georgia During the Year
Gross premiums less return premium 00 risks written or
renewed during the year Fidelity 1802147 surety
1616985 burglary and theft 167677 total 35868 09
Gross losses paid Fidelity 1390468 surety 308431
burglary and theft 335357 total 20342 56

NEW YORK PLATE GLASS INSURANCE COMPANY OF NEW YORK
Major A White President 1 Carrol French Secretary
Home Office Maiden Lane and William St New York N V
LCapital Stock
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 994342 14
Extended at
994342 14ComptrollerGenerals Report
IIIncome
1 Gross premiums written and renewed during the year
plate glass
2 Deduct reinsurance Plate glass
3 Deduct return premiums on policies can
celled Plate glass
4 Deduct premium on policies not taken
Plate glass
1049
783763 17
1329 97
66367 30
93012 53
5 Total deductions Plate glass
6 Net premiums Plate glass
22 Gross interest on mortgage loans less
350 accrued interest on mortgages
acquired during 1912
24 Gross interest on bonds and dividends on
stocks less 47941 accrued interest on
bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
31 50
37732 59
923 61
30 Total gross interest and rents
36 From agents balances previously charged off
3 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Total income
IIIDisbursements
1 Jross amount paid for losses Plate glass
3 Deduct salvage Plate glass
9515 54
4 Total deduction Plate glass
160709 80
623053 37
38687 70
757 79
137 50
662636 36
274733 54
9515 54
5 Net amount paid policyholders for losses Plate glass
t Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Plate glass
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
32 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
39 Municipal license
265218 00
216054 39
ill 146 93
4414 35
11339 6
8127 43
7290 19
822 621050
ComptrollerGenerals Eeport
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
48 Other disbursements Traveling expense home office
50 Underwriting Association
51 Sundry office expenses
53 Agents balances charged off
288 62
390 33
2424 96
2710 88
201 67
32000 00
2676 91
3526 07
122 34
1068 13
56 Total disbursements
618127 62
IVLedger Assets
2 Mortgage loans on real estate
4 Book value of bonds 17771096 and stocks 667
76369 total
5 ash 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 1912 Plate glass 138952 52
On policies or renewals issued prior to
October 1 1912 Plate glass 5156 97
24 Total
30 Leder assets
NonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds
43 Gross assets
9 50
2566 50
1000 00
845474 65
8045 84
5038 79
35182 11
144109 49
1038850 88
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to October 1 1912 5 15g 97
51 Book value of ledger assets over market
value viz Stocks and bonds 53724 65
56 Admitted assets
982545 26ComptrollerGenerals Report
VLiabilities
1 Losses anil claims adjusted Plate glass
2 Losses and claims reported or in process of adjustment
Plate glass
4 Total Losses and claims Plate glass
6 Net unpaid claims except liability claims Plate glass
8 Total losses and claims Plate glass
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 61392882
unearned premiums fifty per cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 43
18720 unearned premiums pro rata
306964 41
21705 92
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Plate glass
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
SI Dividends declared and unpaid to stockholders
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 200000 01
48 Surplus over all liabilities 380959 01
49 Surplus as regards policyholders
1051
10561 55
4055 00
14616 55
14616 55
14616 55
14616 55
328670 33
45299 37
1000 00
4000 00
8000 00
401586 25
580959 01
50 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Plate glass
Gross losses paid Plate glass
982545 26
2606 65
1075 211052
ComptrollerGenerals Report
NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF
CHICAGO ILLINOIS
E C Waller President
A E Forrest Secretary
Home Office 209 South LaSalle Street Chicago 111
Shepard Bryan Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in eash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year
728S09 49
Extended at
728809 49
IIIncome
1 Gross premiums written and renewed during the year
Accident
2 Deduct reinsurance Accident
3 Deduct return premiums on policies can
celled Accident
4 Deduct premium on policies not taken
Accident
112746 39
7145 68
6272 66
46325 79
5 Total deductions Accident
59744 13
6 Net premiums Accident lfim 26
0 lohcy fees required or represented by applications 208388 00
22 Gross interest on mortgage loans
23 Gross interest on collateral loans
24 Gross interest on bonds and dividends on
stoeks 19738 22
25 Gross interest on deposits in trust com
panies and banks
26 Gross interest from all other sources
8815 49
2456 63
655 37
Advances to agents
91 28
30 Total gross interest and rents
36 From agents balances previously charged off
37 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Total income
31756 99
6 17
6 46
1307879 88ComptrollerGenerals Keport
IIIDisbursements
1 Gross amount paid for losses Accident
2 Deduct reinsurance Accident
1053
423068 07
5500 40
4 Total deduction Accident
17
22
23
28
30
32
35
36
37
42
43
44
45
46
47
48
50
51
52
53
54
Met amount paid policy holders for losses
Investigation and adjustment of claims viz Accident
Policy fees waived or retained by agents
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident
Salaries fees and all other compensation of officers
directorstrustees and home office employees
Salaries traveling and all other expenses of agents
not paid by commissions
Medical examiners fees and salaries
Rents
State taxes on premiums
Insurance department licenses and fees
All other licenses fees and taxes Municipal licenses
and taxes
Legal expenses
Advertising
Printing and stationery
Postage telegraph telephone and express
Furniture and fixtures
Stockholders for interest or dividends amount declared
during the year
Other disbursements Traveling expense home office
Bank exchange
Incidental expense
Hospital fees
Agents balances charged off
Gross losses on sale of bonds
56 Total disbursements
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
5 ash in companys office
6 Deposits in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest
5500 40
417567 67
4171 85
208388 00
335748 53
103434 74
68092 01
4663 88
19265 85
17452 71
8812 89
2667 43
2725 73
3648 74
12974 93
14879 03
4291 81
30000 00
7915 25
1263 03
7289 72
2952 79
2344 78
50 00
1280601 37
171200 00
42500 00
418680 00
660 11
15911 04
62782 601054
ComptrollerGenerals Beport
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 30963 62
On policies or renewals issued prior to
October 1 1912 Accident
2894 84
24 Total
X
25 Bills receivable
26 Other ledger assets viz Cash in branch offices for cur
rent use
30 Ledger assets
NonLedger Assets
31 Interest accrued on mortgages 9 9Q3 3
32 Interest due 450000 and accrued 3
38581 on bonds
33 Interest accrued on collateral loans
7885 81
324 54
37 Total
40 Other nonledger assets viz Furniture and fixtures
43 Gross assets

Deduct Assets Not Admitted
45 Bills receivable
46 Furniture and fixtures
49 Premiums in course of collection written
prior to October 1 1912
50 Overdue and accrued interest on bonds in
default
51 Book value of ledger assets over market
value viz Bonds
55 Special deposit to sucure liabilities in
Mexico
9972 82
13000 00
2894 84
4500 00
4264 65
LfySOO 00
Total
56 Admitted assets
33858 46
9972 82
522 97
7560
00
11173 72
13000 00
780261 72
54132 31
726129 41
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident
3 Losses and claims resisted Accident
4 Total losses and claims Accident
61578 9
8491 47
70070 40ComptkollebGenekals Repokt
1055
5 Deduct reinsurance Accident
189 02
6 Net unpaid claims except liability claims Accident
7 Estimated expenses of investigation and adjustment of
claims Accident
8 Total losses and claims Accident
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 27931174
unearned premiums fifty per cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 494000
unearned premiums pro rata
139655 87
4332 00
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Accident
29 Salariesrents expenses bills accounts fees etc due or
or accrued
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
35 Reinsurance
36 Advance premiums one hundred per cent
43 Total
44 Less liabilities secured by special deposits unearned
premiums 1396734 unpaid losses 57750
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash
48 Surplus over all liabilities
259967 03
49 Surplus as regards policyholders
50 Total liabilities
69881 38
500 00
70381 38
70381 38
143987 87
9289 08
3980 21
17000 00
1214 20
34854 48
280 707 22
14544 84
266162 38
459967 03
726129 41
Business in the State of Georgia During the Year
Gross premiums less return premium on
renewed during the year Accident
Gross losses paid Accident
risks written or
21353 75
8484 671056
ComptrollerGenerals Report
NEW ENGLAND CASUALTY COMPANY
Gorwin McDowell President Allan Forbes Secretary
Guy A Ham Attorney for Service in Georgia
ICapita Stock
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 916268 44
3 Increase of paid up capital during the
year 400000 00
Extended at 1316268 44
IIIncome
1 Gross premiums written and renewed during the year
Accident 4367293 health 2794773 liability
46542413 fidelity 2148772 surety 20156372
plate glass 1241945 burglary and theft 9199720
auto property damage 3453147 workmens collec
tive 74200 total 899786 35
Deduct reinsurance Accident 105335
health 43028 liability 316158
fidelity 85083 surety 1076263
burglary and theft 746334 total 23722 31
Deduct return premiums on policies can
celled premiums on policies not taken
Accident 641744 health 2671
liability 11811521 fidelity 176904
surety 1067015 plate glass 446606
burglary and theft 1630111 auto
property damage 759367 total 188 003 93
2
3
5 Total deductions Accident 747109 health 310153
liability 12127679 fidelity 261987 surety 21
43278 plate glass 446606 burglary and theft 23
76445 auto property damage 759367 total
6 Net premiums Accident 3620184 health 2484620
liability 34414734 fidelity 1886785 surety 180
13094 plate glass 795339 burglary and theft 6s
23275 auto property damage 2693780 workmens
collective 74200 total g
20 Policy fees reqired or represented by applications
23 Gross interest on collateral loans ggg 41
191726 24
708060 11
5696 00ComptrollerGenerals Report
1057
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
Interest on balances due from agents
28 Interest on unsecured loans since dis
charged
35980 96
2960 21
158 23
362 50
30 Total gross interest and rents
31 From other sources premium on sale of new stock paid
into surplus acct
33 Miscellaneous expense
34 Sale of Edison Electric Illuminating Co of Boston Mass
rights
35 Premiums in suspense awaiting further advices
40347 31
200000 00
200 00
94ft 00
26 61
39 Total income

ITIDisbursements
Gross amount paid for losses Accident 1450426
health 920334 liability 3227222 fidelity
89308 surety 114980 plate glass 27943 burg
lary and theft 572793 auto property damage 4
87276 workmens collective 6784 total
Deduct reinsurance Accident 2283
liability 837 burglary and theft
70225 total
Deduct salvage Accident 5000 liability
234600 fidelity 66436 surety
2500 auto property damage 3294
total
938 65
3118 30
4 Total deduction Accident 27803 liability 235437
fidelity 66436 surety 2500 burglary and theft
70225 auto property damage 3294 total
5 Net amount paid policyhoblers for losses Accident 14
22623 health 920334 liability 2991785 fidelity
22872 surety 112480 plate glass 27943 burg
lary and theft 502568 auto property damage 4
83982 workmens collective 6784 total
17 Investigation and adjustment of claims viz Accident
6445 health 4920 liability 830602 fidelity
2290 total
19 Purglary and theft
81 Auto property damage 5SS21 workmens collective
8450 total
955270 03
68970 66
4056 95
64913 71
8442 57
361 23
672 711058 ComptrollerGenerals Eeport
22 Policy fees retained by agents 5696 00
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 1071735 health 627712 liability 74
47838 fidelity 480326 total 96275 11
25 Surety 3304993 plate glass 103140 burglarv and
theft 2059809 total 54679 42
27 Auto property damage 727343 workmens collective
22783 total 7301 o6
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 52042 16
29 Salaries traveling and all other expenses of agents not
paid by commissions 25145 78
31 Inspections other than medical and claim 1573 84
32 Eents 4896 71
35 State taxes on premiums 1 460 02
36 Insurance department licenses and fees 4 989 92
39 Taxes and licenses other than state 41 66
40 Compulsory advertising 71 30
42 Legal expenses j Igl gg
43 Advertising 1644 31
44 Printing and stationery 18 440 68
45 Postage telegraph telephone and express 5841 74
46 Furniture and fixtures 4 847 79
48 Other disbursements Travel 1011449 general 2
61469 office 114255 total i387l 73
50 Consolidation expense 15 000 oo
51 Exchange check 4154 suspense acct 17512 216 66
52 Profit and loss 500 premiums in suspense 1911 state
raent 1970 63
54 Gross loss on sale or maturity of ledger assets viz
Bonds 28 45
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds 4 047 44
50 Total disbursements 401 835 89
IVLedger Assets
4 Book value of bonds 125311814 and stocks 190
92660 total 1444044 74
5 Cash in companys offices 4 207 10
7 Deposits in trust companies and banks on interest 181553 54
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 2
65827 health 182531 liability 108
59050 fidelity 291352 surety 49ComptrollerGenerals Report 1059
92949 plate glass 372477 burglary
and tEeft 2195307 auto property
damage 383970 workmens collective
5850 total 13
On policies or renewals issued prior to
October 1 1912 Accidetat 36485
health 17338 liability 2106843
fidelity 70328 surety 1188086
plate glass 116882 burglary and
theft 83865 auto property damage
65498 total 36853 25
24 Total 227346 38
26 Other ledger assets viz Excise reinsuring companies 9665 14
tjv 2S8o 68
28 Agents differences
T 1869702 58
30 Ledger assets
NonLedger Assets
32 Interest due 27000 and accrued 14
08323 on bonds 143a3 23
35 Interest on certificate of deposit 271 20
1884327 01
43 Gross assets
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 iir3 25
51 Book value of ledger assets over market
value viz Stocks and bonds 13977 66
53 Agents differences 2883 68
f 1830610 42
50 Admitted assets
VLiabilities
1 Losses and claims adjusted Accident 10500 health
1786 burglary and theft 300000 auto property
damage 10000 total 3222 8
2 Losses and claims reported or in process of adjustment
Accident 257750 health 352995 fidelity 1200
surety 485000 plate glass 7350 burglary and
theft 3512 00 auto property damage 383900
workmens collective 4375 total 18437 70i060
ComptbolleeGenebal s Eepoet
3 Losses and claims resisted Accident 150000 health
1000 fidelity 37500 auto property damage 2
93400 total 4819 00
4 Total Losses and claims Accident 418250 health
355781 fidelity 38700 surety 4850 00 plate glass
7350 burglary and theft 651200 auto property
damage 687300 workmens collective 4375 total 26479 56
5 Deduct reinsurance Burglary and theft 1000 00
6 Net unpaid claims except liability claims Accident 4
18250 health 355781 fidelity 38700 surety 4
85000 plate glass 7350 burglary and theft 5
51200 auto property damage 687300 workmens
collective 4375 total 25479 56
8 Total losses and claims Accident 418250 health 3
55751 fidelity 38700 surety 485000 plate glass
7350 burglary and theft 551200 auto property
damage 687300 workmens collective 4375 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 59611960
unearned premiums fifty per cent and
pro rata
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 4053321
unearned premiums pro rata
327990 63
29079 79
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Accident 90698
health 63886 liability 24620 33 fidelity 87114
surety 1383047 plate glass 125525 burglary and
and theft 834270 auto property damage 110199
workmen s collective 1950 total
29 Salaries rents expenses bills accounts fees etc due or
accrued
MO Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement
35 Advance premiums one hundred per cent
25479 56
72496 26
97975 S2
357070 42
1636 69
1743 70
8328 93
985 53
ComptrollerGenerals Report
1061
37 Other liabilities viz Premiums in suspense awaiting
2d ol
further advices
39 Due American Fidelity Co for losses paid
40 Due Armstrong Agency Inc for losses paid3a0
46 Total amount of all liabilities except capital 518172 70
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 312437 72
i 19 47 72
49 Surplus as regards policyholders
50 Total liabilities 1830610 42
THE OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED
OP LONDON ENGLAND
Oscar Ising General Manager
American Home Office 59 John St New York City
Insurance Commissioner 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 4723551 81
Extended at
4723551 81
IIIncome
Gross premiums written and renewed during the year
Accident 46458390 health 14011227 liability
327594657 fidelity 4336494 plate glass 109
262 27 steam boiler 11258337 burglary and theft
30480315 credit 51938867 auto and teams prop
erty damage 26382381 workmens collective 37
2052 total 5271085 47
Deduct reinsurance Accident 4723095
health 254451 liability 5154441
fidelity 185789 steam boiler 7
75218 burglary and theft 5129905
credit 125000 total
Deduct return premiums on policies can
celled Accident 1329439 health
569637 liability 28714840 fidelity
253265 plate glass 394633 steam
4 63478 991062
ComptrollerGeneral s Report
boiler 975360 burglary and theft
1729336 credit 623375 auto and
teams property damage 2968310
workmens collective 224154 total 377823 55
4 Deduct premium on policies not takeu
Aceident 7490957 health 3041957
liability 44096043 fidelity 174303
plate glass 1902884 steam boiler
2120458 burglary and theft 55
977 38 auto and teams property dam
age 499800 workmens collective 2
72252 total 696883 92
5 Total deductions Accident 13543491 health 38
66045 liability 77965324 fidelity 613357 plate
glass 2297517 steam boiler 3871036 burglary and
theft 12456979 credit 748375 auto and teams
property damage 7960116 workmens collective
496406 total 1238186 46
6 Net premiums Accident 32914899 health 10145182
liability 249629333 fidelity 37231 37 plate glass
8628710 steam boiler 7387301 burglary and
theft 18023336 credit 51190492 auto and
teams property damage 18422265 workmens col
lective 3225646 total 4032899 01
22 Gross interest on mortgage loans 9000 00
24 Gross interest on bonds and dividends on
stocks less 517440 accrued interest
on bonds acquired during 1912 154918 17
25 Gross interest on deposits in trust com
panies and banks 3404 51
26 Gross interest from all other sources
Gross interest on notes received for
premiums 1 597 05
30 Total gross interest and rents p 069 73
37 Gross profit on sale or maturity of ledger assets viz
bonds 2262 91
39 Total income 4 o04 Lu l

IITDisbursements
1 Gross amount paid for losses Accident 20714154
health 5263526 liability 125533478 fidelity
210508 plate glass 2891316 steam boiler 3ComptrollerGenerals Report 1068
03457 burglary and theft 7579489 credit 430
35172 auto and teams property damage 7093955
workmens collective 1436909 total 2141019 64
2 Deduct reinsurance Accident 5639174
health 245347 liability 30345
steam boiler 165476 burglary and
theft 2222323 total 83026 65
3 Deduct salvage fidelity 25386 plate
glass 2913 burglary and theft 1
09339 credit 75867 45 auto and
teams property damage 410540 total 81349 23
4 Total deduction Accident 5639174 health 245347
liability 30345 fidelity 25386 Plate glass 2913
steam boiler 165476 burglary and theft 23
31662 credit 7586745 auto and teams property
damage 410540 total 16430
5 Net amount paid policyholders for losses Accident lo0
74980 health 50181779 liability 125503133 fidelity
185122 plate glass 2878403 steam bolier 137981
burglary and theft 5347827 credit 35448427
auto and teams property damage 6683415 work
mens collective 1436909 total 1077143 70
17 Investigation and adjustment of claims viz Accident
1926409 health 472258 liability 22422998
fidelity 42484 plate glass 378147 steam boiler
287871 burglary and theft 1177229 credit 15
20062 auto and teams property damage 1152587
workmens collective 149365 total 295294 10
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 12207878 health 3836717 liability
55801174 fidelity 957694 plate glass 3044754
steam boiler 1960683 burglary and theft 5554588
credit 9725024 auto and teams property damage
4474452 workmens collective 622275 total 981852 39
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 201463 47
29 Salaries traveling and all other expenses of agents not
paid by commissions
3J Inspections other than medical and claim 58093 S
25149 68
2Rents 7958 82
35 State taxes on premiums rZ fifi
36 Insurance department licenses and fees 732 b
39 Agents licenses
40 City and County Tax on Premiums j
41 Publication fees
T t43 IV
42 Legal expenses 1064
ComptrollerGenerals Report
43 Advertising
44 Printing and stationery
45 Postage telegraph telegraph and express
46 Furniture and fixtures
48 Other disbursements Surety Bonds 850 publication
subscription 24985 auditors fees 200000 total
51 Discount and exchange 83410 mercantile agency 2
12300 general expense 1744653 total
52 Interest on investments and dividends to home office
54 Gross loss on sale or maturity of ledger assets viz
Bonds
8895 45
14721 23
11471 52
8943 33
2258 35
20403 63
107956 67
3521 25
56 Total disbursements 3 928 519 56
507400 94
24 Total
35 Hills receivable
20 Other ledger assets viz Premium notes
28 Agents balances
28197
41
IVLedger Assets
2 Mortgage loans on real estate i
4 Book value of bonds
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 1912 Accident 35
61048 health 1565220 liability
36720989 fidelity 574754 plate
glass 1402929 steam boiler 16
44206 burglary and theft 2739882
auto and teams property damage 20
56680 workmens collective 483386
total
On policies or renewals issued prior to
October 1 1912 Accident 153736
health 53636 liability 2332011
plate glass 8648 steam boiler 302 IS
burglary and theft 35222 auto and
teams property damage 74557 work
mens collective 131721 total
50000 or
41564 60
11074 53
03329 18
535688 73
2329 49
5572 50
49704 87
30 Ledger assets 4
4999263 90
NonLedger Assets
31 interest accrued on mortgages
2 Interest accrued on bonds
1500 00
51016 03ComptrollerGenerals Report
1065
Deduct Assets Not Admitted
45 Bills receivable 2329 49
49 Premiums in course of collection written
prior to Oct 1 1912 28197 79
51 Book value of ledger assets over market
value 195462 60
52 Agents balances 49704 87
56 Admitted assets 4776085 18
VLiabilities
1 Losses and claims adjusted Credict on policies expir
ing prior to Oct 1912 agreements fi2 00
2 Losses and claims reported or in process of adjustment
Accident 4899000 health 1109500 fidelity 3
52000 plate glass 232500 steam boiler 169000
burglary and theft 2414000 credit on policies ex
piring prior to Oct 1912 agreements 5287500
auto and teams property damage 1469000 work
mens collective 449600 total 163815 00
3 Losses and claims resisted Accident 1590010 burg
lary and theft 157500 auto and teams property
damage 449000 total 21965
4 Total losses and claims Accident 6489000 health 11
09500 fidelity 352000 plate glass 232500
steam boiler 169000 burglary and theft 2571500
credit on policies expiring prior to Oct 1912 agree
ments 5990000 auto and teams property damage
1918000 workmen s collective 449001 total 192805 00
5 Deduct reinsurance Accident 337500 health 5000
burglary and theft 911500 total 12540 00
6 Net unpaid claims except liability claims Accident
6151500 health 1104500 fidelity 352000 plate
glass 232500 steam boiler 169000 burglary and
theft 16600 00 credit on policies expiring prior to
Oct 1912 agreements 5990000 auto and teams
property damage 1918000 workmens collective 4
49000 total l80265
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 200000 health 25000
plate glass 15000 burglary and theft 30000 auto
and teams property damage 200000 workmens col
lective 30000 total 5000
8 Total losses and claims Accident 6351500 health
ll295oo fidelity 352000 plate itlass 2475001066
ComptrollerGenerals Report
steam boiler 169000 burglary and theft 1690000
credit on policies expiring prior to Oct 1912 agree
ments 5990000 auto and teams property damage
2118000 workmens collective 479000 total
17 Special reserve for unpaid liability losses
18 Special reserve for credit loss on policies expiring in
October November and December 1912 being fifty per
cent of 17079251 gross premiums received on said
policies less 779936 paid during said months on
losses under said policies
19 Special reserve for accrued losses on credit policies in
force December 31 1912 being fifty per cent of 236
81110 earned premiums on said policies
18 Additional reserve for credit losses expiring December
31 1912
20 Total unpaid claims and expenses of settlement 1164731 32
21 Gross premiums less reinsurance upon all
unexpired risks running one year or
less from date of policy 250765292
unearned premiums fifty per cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 504
99161 unearned premiums pro rata
185265 00
729810 77
77590 90
118405 55
53653 10
1230487 78
256528 8
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Accident 1321149
health 571306 liability 8262223 fidelity 1
52310 plate glass 495234 steam boiler 445580
burglary and theft 824704 auto and teams prop
erty damage 491547 workmens collective 101028
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
36 Advance premiums one hundred peir cent
37 Other liabilities viz Voluntary additional reserve for
contingencies
1487016 59
126650 80
2000d op
75100 00
6302 72
250 00
600000 00
in Total amount of all liabilities except capital 3479951 43
49 Surplus as regards policyholders 1 2961 31 5
50 Total liabilities 4 776 085ComptrollerGenerals Report
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 336653 health
100546 liability 1473089 fidelity 164918 plate
glass 24727 steam boiler 47083 burglary and
theft 260252 credit 9i29000 automobile and
property damage 70841 workmens collective 10
26305 total
Gross losses paid Accident 104976 health 43497 liabi
lity 948357 fidelity 198565 plate glass 10299
burglary and theft 4639 credit 706589 auto
mobile property damage 74778 workmens collective
535902 total
1067
44334 14
26276 02
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Geo I Cochran President Gail B Johnson Treasurer
Home Office Corner Sixth and South Olive Streets Los Angeles California
1Capital Stock
2 Amount of ledger assets as per balance I
December 31 of previous year 865390 18
3 Capital stock transferred from life de
partment 1000000 00
Extended at 8650 8
11 Income
1 Gross premiums written and renewed during the year
Accident 176475730 health 48466048 total 2249417 78
2 Deduct reinsurance Accident 55866
health 46584 total
3 Deduct return premiums on policies can
celled Accident 2303547 health 7
44907 total
4 Deduct premium on policies not taken
Accident 37646070 health 39
9I22 total
1124 50
30484 54
416453 62
5 Total deductions Accident 40005483 health 47
907S3 total
447962 66
6 Net premiums Accident 136470247 health 436
75265 total MC1455 12
20 Policv fees required or represented by applications 37334 001068 ComptrollerGenerals Eeport
22 Gross interest on mortgage loans 35168 06
24 Gross interest on bonds and dividends on
stocks less 1722000 accrued interest
on bonds acquired during 1912 17220 00
25 Gross interest on deposits in trust com
panies and banks 309 22
26 Gross interest from all other sources
interest earned on capital stock trans
ferred from life department 5500000
interest on agents balances 956 total 55009 56
30 Total gross interest and rents 73266 84
31 From other sources Loss and gain 8210 60
36 From agents balances previously charged off 10490 87
39 Total income 1930757 43
IIIDisbursements
1Gross amount paid for losses Accident 58914313
health 18742098 total
2 Deduct reinsurance Accident 154571
health 22166 total 1767 37
4 Total deduction 154571 health 22166 total
776564 11
1767 37
5 Net amount paid polieyholders for losses Accident
58759742 health 18719932 total
17 Investigation and adjustment of claims viz Accident
755842 health 240522 total
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 42443388 health 13611007
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
B0 Medical examiners fees and salaries
31 Inspections other than medical and claim
32 Rents including 720000 for companys occupancy of
its own buildings
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
lax
39 State and municipal tax
10 Personal property tax
774796 74
9963 64
37334 00
5005 93
12155 7 17
29975 40
22213 99
2922 13
22164 83
24896 48
5752 26
132 26
1083 50
107 87ComptrollerGenerals Report
41 License tax
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
48 Other disbursements Dividends to policyholders
50 General expenses
51 Amount paid for business of the Southern Surety Com
pany of Wisconsin
52 Investment expenses 23000 State department examina
tions 37887 total
53 Agents balances charged off
56 Total disbursements
1069
110 00
4599 28
7202 89
27460 12
17706 21
3094 81
135000 00
77 79
3875 10
363 06
608 87
13097 76
1826640 17
349861
5647 15
24 Total
30 Ledger assets
45521 42
11661 86
57183 28
IVLedger Assets
4 t 573900 00
Mortgage loans on real estate 982 915 46
Book value of bonds
Cash in companys office 4430100 in course of trans
mission 122042 total
Deposits in trust companies and banks not on interest
Deposits in trust companies and banks on interest
Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 304
08813 health 4577342 total
On policies or renewals Issued prior to
October 1 1912 Accident 422401
health 142314 total
355508 70
1909507 44
NonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds
8954 28
17220 00
36 Total
40 Other nonledger assets viz Reinsurance due on account
claims
43 Gross assets
26174 28
664 34
1996346 061070
ComptrollerGenerals Report
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912j
5647 15
55 Total
5647 15
56 Admitted assets accident department
57 Admitted assets life department
1990698 91
24252307 01
88430 67
27885 07
58 Total admitted assets 26243005 92
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 8032767 health 810300 total if
Losses and claims resisted Accident 2769500 health
19007 total
4 Total losses and claims Accident 10802207 health
829307 total
5 Deduct reinsurance Accident
6 Net unpaid claims except liability claims Accident
10422267 health 829307 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 100000 health 20000
total
116315 74
3800 00
112515 74
1200 00
8 Total losses and claims Accident 10522267 health
849307 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 129321736
unearned premiums fifty per cent 646608 68
113715 74
113715 74
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Accident 9725591
health 1469978 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
646608 68
111955 69
5904 55
29000 00
13214 25ComptrollerGenerals Report 1071
44 Total liabilities accident department 920398 91
45 Total liabilities life department
46 Total amount of all liabilities except capital 24377522 89
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities including
lift department 79518303 86a483 0j
49 Surplus as regards policyholders
26243005 92
50 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 2938729 health
1685768 total
Gross losses paid Accident 1199511 health 1011048
total
PACIFIC COAST CASUALTY COMPANY OF SAN FRANCISCO CAL
E F Green President Carl G Brown Secretary
Home Office 420 Merchants Exchange Bldg San Francisco al
F C Nasworthy Fitzgerald Attorney for Service in Georgia
1Capital Stock
1 Amount of capital paid up
in cash 400000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1269129 0
Extended at
1269129 03
ItIncome
1 Gross premiums written and renewed during the year
Accident and health 7736342 liability 40072480
fidelity 1447671 surety 10160706 plate glass
1382280 burglary and theft 746177 auto property
damage 1728474 workmens collective 1861137
total
2 Deduct reinsurance Accident and health
12648 liability 10076567 fidelity
97720 surety 734660 plate glass
651352671072
ComptrollerGenerals Eeport
988122 burglary and theft 898211
auto property damage 1694313 work
mens collective 662437 total 31646 78
3 Deduct return premiums on policies can
celled Accident and health 26820
liability 2140820 fidelity 182489
surety 436791 plate glass 192041
burglary and theft 72209 auto prop
erty damage 348109 workmens col
lective 613114 total 39583 93
4 Deduct premium on policies uot taken
Liability 6030700 fidelity 89644
surety 1717416 plate glass 196133
burglary and theft 119891 auto
property damage 535399 workmens
collective 495102 total 91742 85
5 Total deductions Accident and health 39468 liability
18248087 fidelity 315853 surety 2888867
plate glass 1376296 burglary and theft 1090311
Auto property damage 2577821 workmens collec
tive 17606 53 total 282973 56
6 Net premiums Accident and health 7696874 liability
21824393 fidelity 1131818 surety 7271839
date glass 5984 burglary and theft 344134
auto property damage 849347 workmens collec
tive 100484 total 368j37Q
22 Gross interest on mortgage loans 1202 27
23 Cross interest on collateral loans 450 00
24 Gross interest on bunds and dividends on
stocks less 6011 accrued interest on
bonds acquired during 1912 34 833 45
25 Gross interest on deposits in trust com
panies and banks 2 28 68
20 Gross interest from all other sources on
bills receivable 4 50
30 Total gross interest and rents 11 so 1
36 From agents balances previously charged off 3374 53
37 dross profit on sale or maturity of ledger assets viz
Hnls 1998 32
38 Gross increase by adjustment in book value of ledger
assets viz Bonds
39 Total income 41609l8ComptbolleeGenebals Kepoet
1073
IIIDisbursements
1 Amount paid for losses Accident and health 2118328
liability 14179827 fidelity 271744 surety 42
68146 plate glass 611870 burglary and theft
831371 auto property damage 932252 work
men s collective 1360285 total
2 Deduct reinsurance Liability 620913
burglary and theft 750 auto prop
erty damage 11182 workmens col
lective 252504 total 8853 49
3 Deduct salvage Fidelity 69500 surety
1133822 plate glass 749 auto
property damage 2000 total 12060 71
4 Total deduction Liability 620913 fidelity 69500
surety 1133822 plate glass 749 burglary and
theft 550 auto property damage 13182 work
men s collective 252504 total
5 Net amount paid policyholders for losses Accident and
health 2118328 liability 13558914 fidelity 2
02244 surety 3134324 plate glass 6111 21 burg
lary and theft 830621 auto property damage 9
19070 workmens collective 1107781 total
17 Investigation and adjustment of claims viz Accident
and health 43700 liability 6153242 fidelity
43150 surety 416830 plate glass 905 burglary
and theft 10593 auto property damage 47655
workmens collective 23290 total
23 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident and health 3228267 liability
4957136 fidelity 5036 39 surety 9417203
plate glass 65126 burglary and theft 119077
auto property damage 215127 workmens collective
332581 total
28 Salaries fees and all other compensation of officers
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 Rents
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax
39 Calif personal property tax 851 Kansas school fund
tax 5000 total
245738 32
20914 20
224824 03
07393 65
11697 48
55594 47
14988 20
1785 52
5637 70
13578 02
3296 80
1867 04
58 51
1074
CompteolleeGeeeals Eepoet
40 Calif franchise tax 561 city licenses 5500 N T
corporation tax 7500 total
41 Calif license tax 7500 county fees 2170 state tax
5100 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
48 Other disbursements Home office expense
50 Purchase of agency
51 Advance premiums
54 Gross loss on sale or maturity of ledger assets viz
Bonds
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds
56 Total disbursementsc
IVLedger Assets
2 Mortgage loans on real estate
4 Book value of bonds 69076620 and stocks 1
50000 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 1912 Liability 149
98645 fidelity 112102 surety 11
83624 plate glass 64506 burglary
and theft 86844 automobile property
damage 166303 workmens collec
tive 447642 total 170596 66
On policies or renewals issued prior to
October 1 1912 Liability 5209091
fidelity 119242 surety 1553355
plate glass 220304 burglary and
theft 291166 automobile property
damage 278952 workmens collec
tive 22236 total 76943 46
135 61
147 70
3004 09
3384 82
4618 27
4283 71
615 38
32000 00
5587 86
65000 00
3347 08
1720 77
590 36
625157 16
67500 00
692266 20
6043 83
4503 75
20634 76
24 Total
247540 12ComptrollerGenerals Report
1075
26
28
29
31
32
37
40
42
Other ledger assets viz Advance on contracts
Accounts receivable
3 5729 31
5845 68
Ledger assets 3060063 15
NonLedger Assets
Interest accrued on mortgages
Interest accrued on bonds
670 31
11404 40
Rents
Other nonledger assets viz Furniture and fixtures
Supplies printed matter and stationery
43 Gross assets
Deduct Assets Not Admitted
46
47
49
51
53
54
Furniture and fixtures
Supplies printed matter and stationery
Premiums in course of collection written
prior to Oct 1 1912
Book value of ledger assets over market
value viz Bonds
Deposit with Carnegie Trust Co in hands
receiver
Advance on contracts
Accounts receivable
180000
4929 74
76943 46
1473 14
2076 94
15729 31
5845 68
Total
56 Admitted assets
VLiabilities
1 Losses and claims adjusted Plate glass 171052 auto
property damage 240175 workmens collective
49813 burglary and theft 2000 total
2 Losses and claims reported or in process of adjustment
Accident and health 170070 fidelity 61154 surety
4304019 plate glass 11365 auto property damage
253125 workmens collective 303227 total
3 Losses and claims resisted Accident and health 45000
burglary and theft 22500 total
4 Total losses and claims Accident and health 215076
fidelity 61 54 surety 4304019 plate glass 1
12074 71
1800 00
4929 74
1078867 60
122056 17
156811 43
4630 40
53029 66
675 001076
ComptrollerGenerals Eeport
82417 burglary and theft 24500 auto property
damage 493300 workmens collective 553040
total
5 Deduct reinsurance Burglary and theft
6 Net unpaid claims except liability elaims Accident and
health 215076 fidelity 61154 surety 4304019
plate glass 182417 burglary and theft 375500
auto property damage 493300 workmens collective
553040 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident and health 15375 fidelity
50000 surety 293300 plate glass 5000 burg
lary and theft 5000 auto property damage 15000
workmens collective 10000 total
8 Total losses and claims Accident and health 230451
fidelity 111154 surety 4596319 plate glass
187417 burglary and theft 370500 auto property
damage 508300 workmens collective 563040
total
17 Special reserve for unpaid liability losses
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon nil
unexpired risks running one year or
less from date of policy 27877234
unearned premiums fifty per cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 2337Hi
unearned premiums pro rata
139386 17
9953 10
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Liability 2390925
fidelity 27218 surety 272480 plate glass 13278
burglary and theft 13349 auto property damage
35596 workmens collective 13157 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
58335 06
4000 00
54335 06
3926 75
58261 81
212965 25
271227 06
149339 27
28844 20
13577 43
7938 41
1517 52
751 67ComptrollerGenerals Repok 1077
36 Other liabilities viz Contingent liability aect purchase
25000 00
A f agenCy 397 25
37 Advance premiums
46 Total amount of all liabilities except capital 507625 84
47 Capital actually paid up in cash 400000 00
48 Surplus over all liabilities 49185 59
44Q 185 59
49 Surplus as regards policyholders
MfttSll 43
50 Total liabilities
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident and health
THE PREFERRED ACCIDENT INSURANCE COMPANY OF
NEW YORK N Y
Kimball C Atwood President Wilfred C Potter Secretary
Home Office 80 Maiden Lane New York N Y
Insurance Commissioner Attorney for Service
ICapital Stock
1 Amount of capital paid up
in cash 700000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2862161 79
t 2862161 79
Extended at
IIIncome
1 Gross premiums written and renewed during the year
Accident 128647866 health 36210871 liability
62655824 plate glass 1855837 burglary and theft
9995208 auto property damage and teams 304
39L38 total 2698047 44
2 Deduct reinsurance Accident 3509952
health 537465 liability 281440
burglary and theft 901164 total 52300 21
3 Deduct return premiums on policies can
celled Accident 641326 health 2
88146 liability 5838846 plate glass1078 ComptbollebGenebals Bepobt
38810 burglary and theft 390810
auto property damage and teams 24
23814 total 96i27 50
4 Deduct premiums on policies not taken
Accident 12869960 health 6292456
liability 19704278 plate glass 4
91655 burglary and theft 1986509
auto property damage and teams 85
61260 total 499061 18
Tdeductions Accident 17021238 health 71
18069 liability 25824564 plate glass 530465
burglary and theft 3278483 auto property damage
and teams 10985074 total 647578 91
6 Net premiums Accident 111626628 health 29092804
liability 36831260 plate glass 1325372 burglary
and theft 6716725 auto property damage and teams
19454064 total 2050468 53
22 Gross interest on mortgage loans 3 750 80
24 Cross interest on bonds and dividends on
stocks less 283973 accrued interest
on bonds acquired during 1912 91474 46
25 Gross interest on deposits in trust com
panies and banks 1 594 14
26 Gross interest from all other sources 184 30
30 Total gross interest and rents t7 00o 90
39 Total income j 2147471 43
111Disbursements
1 Gross amount paid for losses Accident 482 72021
health 11676097 liability 7823429 pint glass
165060 burglary and theft 2363519 auto property
damage and teams 4382111 total
2 Deduct reinsurance Accident 1397739
health 258114 burglarv and theft
002940 total g 225S7 93
3 Deduct salvage Liability 98500 plate
glass 6319 burglary and theft
63110 auto property damage and
teams 66929 total jS0 4S
4 Total deduction Accident 1397739 health 258114
liability 98500 plat glaM iU burgla uu
746822 37
ComptrollerGenerals Report 1079
theft 609240 auto property damage and teams 94 368 41
66929 total
5 Net amount paid policyholders for losses Accident
46874282 health 11417983 liability 7724929
plate glass 158741 burglary and theft 1754279
auto property damage and teams 4315182 total 722453 96
17 Investigation and adjustment of claims viz Accident
755898 health 88974 liability 1873536 28184 08
19 Burglary and theft 6 540 23
21 Auto property damage
23 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 35730357 health 8600192
liability 12743822 total
25 Plate glass 331616 burglary and theft 265432o 29869 41
27 Auto property damage
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 1W
29 Salaries traveling and all other expenses of agents not
paid by commissions 15250 65
30 Medical examiners fees and salaries g2
31 Inspections other than medical and claim 2g
32 Rents 23847 u
35 State taxes on premiums 3 816 84
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax 1305 60
39 City fees and taxes 78 08
40 County fees and taxes 2 825 75
41 All other tax on securities 281500 Qg
42 Legal expenses 251 54
43 Advertising t7B6 gg
44 Printing and stationery g4
45 Postage telegraph telephone and express
46 Furniture and fixtures
47 Stockholders for interest or dividends amount declared
during the year s
48 Other disbursements give items and amounts
1894324 55
56 Total disbursements
IVLedger Assets
75nii 00
2 Mortgage loans on real estate
4 Book value of bonds 232860619 and stocks 220
936 total 2 966 25
5 Cash in company a ottice 1080
CompteollebGenebals Bepoet
6 Deposits m 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 1912 Accident 161
32841 health 4033610 liability
5719809 plate glass 388983 burg
lary and theft 1547099 auto prop
erty damage and teams 3385142
t0tal 312074 84
On policies or renewals issued prior to
October 1 1912 Accident 27108 65
health 677717 liability 750097
plate glass 3379 burglary and theft
3747 auto property damage and teams
125270 total 4270
24 Total
25 Bills receivable
26 Other ledger assets viz Advances to agents
Workmans comp reins and inspection bureau
50000 00
70748 39
354775 59
1778 57
12964 29
50 03
30 Ledger assets 3 115
308 67
32
43
45
49
51
53
54
NonLedger Assets
Interest accrued on bonds
Gross assets
24H10 94
3139319 61
Deduct Assets Xot Admitted
1778 57
42700 75
Hills receivable
Premiums in course of collection written
prior to Oct 1 1912
Hook value of ledger assets over market
value viz Bonds and stocks
Advance to agents
Workmans comp reins and insp bureau
not reported to CO until Jan 17 1913
154846 02
12904 29
2 40
50 Admitted assets
Liabilities
2927H27 5
Losses and claims reported or in process of adjustment
Accident 7982675 health 1576000 plate glass
55618 burglary and theft 580000 auto property
damage and teams 1459700 total 116529 93ComptrollerGenerals Report
1081
3 Losses and claims resisted Accident 197000 health
112500 auto property damage and teams 80000
total
4 Total losses and claims Accident 9952675 health
1687500 plate glass 55618 burglary and theft
580000 auto property damage and teams 15
89700 total s
5 Deduct reinsurance burglary and theft
6 Net unpaid claims except liability claims Accident
9952675 health 1687500 plate glass 55618
burglary and theft 531000 auto property damage
and teams 1539700 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 200000 burglary and theft
15000 auto property damage and teams 154000
total
8 Total losses and claims Accident 10152675 health
1687500 plate glass 55618 burglary and theft
546000 auto property damage and teams 1693700
total
1 7 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 1876
94459 unearned premiums fifty per
cent 952495 8fi
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 2075195
unearned premiums pro rata 16087 36
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
on or after October 1 1912 viz Accident 3682180
health 1276871 liability 1177735 plate glass
88950 burglary and theft 453394 auto property
damage 650898 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 statment
21625 00
138154 93
490 00
137664 93
3690 00
141354 93
38923 88
180278 81
968583 22
7ioo 28
253 39
32000 001082
Comptroller Generals Eeport
31 Dividends declared and unpaid to stockholders
35 Reinsurance
36 Advance premiums one hundred per cent
37 Other liabilities viz Reserve for installment policies
claims
39 Voluntary reserve for contingencies
14000 00
5503 72
2842 25
105S09 00
100000 00
46 Total amount of all liabilities except capital 1487570 67
47 Capital actually paid up in cash 700000 00
48 Surplus over all liabilities
739456 91
49 Surplus as regards policyholders 1 439 456 91
50 Total liabilities 2927027 58
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 660812 health
170848 liability 255939 plate glass 17369
burglary and theft 33649 automobile property
damage and teams 156380 total 12949 97
Gross losses paid Accident 331179 health 82249 liabi
lity 1500 burglary and theft 5467 automobile
property damage and teams 5930 total 4 263 25
RELIANCE LITE INSURANCE COMPANY OF PITTSBURGH PENN
James H Reed President H G Scott Secret
Home Office Fifth Ave and Wood St Pittsburgh Penn
IIIncome
1 Gross premiums written and renewed during the year
Accident A
n 20748 51
Deduct reinsurance Accident 1 038 2
6 Net premiums Accident j lnn
19vl4 79
Totai e in
111Disbursements
1 Gross amount paid for losses Accident 4 528 75
2 Deduct reinsurance Accident I
327 oO
5 Net amount paid policyholders for losses Accident 4 201 25ComptrollerGenerals Report
17 Investigation and adjustment of claims viz Accident
23 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident
30 Medical examiners fees and salaries
31 Inspections other than medical and claim
35 State taxes on premiums
43 Advertising
44 Printing and stationery
1083
l 70
7045 07
2750 00
303 00
108 00
252 00
2056 90
56 Total disbursements
16717 92
IVLedger Assets
1 Book value of real estae details given in life insurance
statement
S Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 1
74975total 1749 75
24 Total
1749 75
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident
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 1970264
unearned premiums fifty per cent 9851 32
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident
50 Total liabilities carried to life statement
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident
Gross losses paid Accident
900 00
900 00
9851 32
612 41
11363 73
89 67
12 501084 ComptrollebGeneeals Eepoet
ROYAL CASUALTY COMPANY OF ST LOUIS MISSOURI
Geo E Dickson President G w R Hans Secret
W m A Wright Attorney for Service in Georgia
ICapita Stock
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous vear
107056 34
Extended at
107056 34
IIIncome
1 Gross premiums written and renewed during the year
Accident and health
2 Deduct reinsurance Accident and health
3 Deduct return premiums on policies can
celled Accident and health
4 Deduct premiums on policies not taken
Accident and health
4 23
198 61
208 45
5 Total deductions Accident and health
6 Net premiums Accident and health
20 Policy fees required or represented by applications
22 Gross interest on mortgage loans 3054 38
25 Gross interest on deposits in trust com
panies and banks
26 Gross interest from all other sources Cer
tificates of deposit 2 260 3
14 i
30 Total gross interest and rents
31 From other sources Contributed by stockholders
33 Due bills 7120 miscellaneous 7596 total
34 Cancelled checks
35 Buttons
39 Total inc
I Disbursements
1 Gross amount paid for losses Accident 14933 00
health 1180735 total
17 Investigation and adjustment of
and health
claims viz Accident
92270 35
411
91859 03
35096 00
5318 86
9051 03
147 16
220 26
15 15
141707 49
26740 35
933 78ComptrollerGenerals Report
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident and health
28 Salaries fees and all other compensation of officers
directors trustees and home office employees
32 Rents
35 State taxes on premiums
36 Insurance department licenses aria fees
39 City licenses
40 Taxes
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express exchange
46 Furniture and fixtures
49 Traveling expenses 156861 F H Pickrell 20000
50 Prizes 14330 prem on bond 3500 Bradstreet 3750
51 Miscellaneous
52 Agents balances 105175 advances on commissions 2
12852 total
53 Agents balances charged off
56 Total disbursements
IVLedger Assets
2 Mortgage loans on real estate
5 Cash in companys office
Certificates of deposit
6 Interest in trust companies and banks not on interest
7 Deposits in trust companies and banks on interest over
draft
30 Ledger assets
NonLedger Assets
31 Interest due 80700 and accrued 1
00595 on mortgages
32 Interest accrued on cer of dep
1812 95
326 15
37 Total
40 Other nonledger assets viz Bills receivable
41 Agents balances 248301 premiums in course of collec
tion 318386 total
42 Furniture and fixtures 200000 printing etc 200000
Due bills
1085
35093 00
37347 21
17504 02
3881 47
1233 75
1694 85
159 85
1213 03
1294 00
699 98
3655 27
3335 55
1360 66
1768 61
215 80
384 20
3180 27
1619 33
143314 98
74800 00
5971 21
25200 00
50 13
572 49
105448 85
2 139 10
995 94
3183 86
4000 00
450 65
43 Gross assets
118711 401086
ComptrollerGenerals Report
Deduct Assets Not Admitted
43 Bills receivable
46 Furniture and fixtures
47 Supplies printed matter and stationery
48 Due bills endorsed or not
56 Admitted assets
995 94
2000 00
2000 00
450 65
113254 87
VLiabilities
1 Losses and claims adjusted Accident 56439 health
57275 total
2 Losses and claims reported or in process of adjustment
Accident 147937 health 100318 total
3 Losses and claims resisted Accident 225 00 health
28400 total
4 Total losses and claims Accident 2268 76 health
185993 total
8 Total losses and claims Accident 226876 health 1
85993 total
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 160 of 7
32715 12212 unearned premiums
fifty per cent 72161 total
813 73
23 Total unearned premiums as shown by recapitulation
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 rear
of this statement
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 0lMH
48 Surplus over all liabilities q fin
oa9 41
49 Surplus as regards policyholders
50 Total liabilities
1137 14
2482 55
509 00
4128 69
4128 69
843 73
928 48
3474 56
9375 46
103879 41
113254 87
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident and health
Gross losses paid Accident and health
8383 13
3060 40ComptkolleeGenekals Report 1087
ROYAL INDEMNITY COMPANY OF NEW YORK
Edward F Beddall President J Harold Peareh Secretary
B M Grant Co Attorneys for Service
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 1988342 74
1988342 74
Extended at v
IIIncome
1 Gross premiums written and renewed during the year
Accident 19816088 health 7234612 liability
81592465 fidelity 9299614 surety 2870409
plate glass 13425767 steam boiler 6152380
burglary and theft 13806044 fly wheel 908082
auto and teams property damage 28982592 work
mens collective 1153006 total 2852410 59
2 Deduct reinsurance Accident 2729336
health 466239 liability 2422255
fidelity 372165 surety 404653
steam boiler 294188 burglary and
theft 1630686 fly wheel 88586
auto and teams property damage 13
26037 total 97341 45
3 Deduct return premiums on policies can
celled Accident 535102 health 2
05699 liability 6458215 fidelity 4
95830 surety 181068 plate glass
305554 steam boiler 379826 burg
lary and theft 648323 fly wheel
28154 auto and teams property dam
age 2378674 workmens collective
157396 total l 7738 41
4 Deduct premiums on policies not taken
Accident 3372179 health 1448672
liability 35009452 fidelity 6
72510 surety 344133 plate glass
2235000 steam boiler 1219988
burglary and theft 1999373 fly Wheel
214892 auto and teams property
damage 5088752 workmens collec
tive 333250 total 519382 01
5 Total deductions Accident and health 6636617 health
2120610 liability 43889922 fidelity 15405051088
ComptrollerGenerals Report
surety 929854 plate glass 2540554 steam boiler
1S94002 burglary and theft 4278382 fly wheel
331632 auto and teams property damage 87934 S3
workmens collective 490646 total
734461 87
6 Net premiums Accident 131794 71 health 51140 02
liability 137702543 fidelity 7759109 surety 19
40555 plate glass 10885213 steam boiler 42
58378 burglary and theft 9527662 fly wheel
5 76450 auto and teams property damage 201
891 29 workmens collective 662360 total 2 117 948 72
24 Gross interest on bonds and dividends on
stocks less 936117 accrued interest
on bonds acquired during 1912 64 282 95
25 Gross interest on deposits in trust com
panies and banks
3375 34
30 Total gross interest and rents
31 From other sources Increase to surplus paid in by stock
holders
36 From agents balances previously charged off
39 Total income
67658 29
250000 00
750 86
2436357 87
IIIDisbursements
1 Gross amount paid for losses Accident 6118570 health
1322325 liability 2111305 fidelity 5 45982
surety 232022 plate glass 2799675 steam boiler
99102 burglary and theft 2675127 auto and teams
property damage 5589116 workmens collective 1
70886 total
2 Deduct reinsurance Accident 458984
health 140688 burglary and theft
299753 auto and teams property
damage 315022 total
3 Deduct salvage Fidelity 138831 surety
00258 burglary and theft 1456
auto and teams property damage
74000 total
i 4 4
12144 47
4 Total deductions Accident 458984 health 140688
fidelity 138831 surety 60258 burglary and theft
301209 auto and teams property damage 389022
total
5 Net amount paid polieyholders for losses Accident 56
59586 health 1181637 liability 2111305 fidelity
416641 10
14889 92ComptrollerGenerals Eepokt 1089
407151 suretv 171764 plate glass 2799675
steam boiler 99102 burg and theft 2373918 auto
and teams property damage 5200094 workmens
collective 170886 total 401751 18
17 Investigation and adjustment of claims viz Accident
93895 health 12894 liability 8730330 fidelity
2965 surety 6020 plate glass 14664 steam
boiler 10460 burglary and theft 88573 auto prop
erty damage and teams 1238871 workmens collec
tive 28172 total 12MU
23 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 3683014 health 1438710
liability 27947706 fidelity 1891131 surety 4
82739 plate glass 3279772 steam boiler 1078741
burglary and theft 2431362 fly wheel 113595 auto
and teams property damage 4522059 workmens col
lective 79274 total 443380 00
28 Salaries fees and all other compensation of officers
directors trustees and home office employees iusiio
29 Salaries traveling and all other expenses of agents not
paid by commissions Lcr S3
31 Inspections other than medical and claim g
32 Rents g9
35 State taxes on premiums 4 068 17
36 Insurance department licenses and fees
39 Agents licenses 0 g
40 Publication fees
41 City and county taxes on premiums o0 06
42 Legal expenses 7 587 17
43 Advertising 03
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures l
48 Other disbursements Employers fidelity bonds
50 Subscriptions to publications gg
51 Head office sundry expenses 7Q
52 Auditors fees
54 Gross loss on sale or maturity of ledger assets viz
Bonds
55 Cxross decrease by adjustment in book value of ledger
assets viz Bonds JJ
1400899 99
56 Total disbursements
TVLedger Assets
234987 54
4 Book value of bonds s 4
5 ash in companys office 1090 CompteolleeGeneeals Keport
7 Deposits in trust companies and banks on interest 200113 17
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 29
37198 health 1228874 liability
26244927 fidelity 1479912 surety
377155 plate glass 2340926 steam
boiler 867912 burglary and theft
2168529 fly wheel 38603 auto and
teams property damage 5440554
workmens collective 32372 total 411569 62
On policies ot renewals issued prior to
October 1 1912 Accident 459622
health 129465 liability 2863540
fidelity 259301 surety 107533
plate glass 131166 steam boiler
6967 burglary and theft 89263
fly wheel 142620 auto and teams
property damage 224354 total 44138 31
24 Total 455707 93
25 Bills receivable 500 0d
26 Other ledger assets viz Agents Sun bal and adv trav
exP 11629 23
28 Cos proportion of the funds in hands of the Wkmens
Comp Reins and Ins Bur 2 916 34
30 Ledger assets 3023800 62
NonLedger Assets
32 Interest accrued on bonds 34038 57
43 Gross assets 3057839 19
Deduct Assets Not Admitted
45 Bills receivable 500 00
49 Premiums in course of collection written
prior to Oct 1 1912 44138 31
51 Book value of ledger assets over market
value viz Bonds as per schedule D 34537 82
53 Agts Sun Bal and trav exp 11629 23
56 Admitted assets 2967 033 83
VLiabilities
1 Losses and claims adjusted Accident 77024 health
68105 plate glass 33023 burglary and theft
10900 auto and teams property damage 182744
workmen s collective 25207 total 3 920 03ComptrollerGenerals Report
2 Losses and claims reported or in process of adjustment
Accident 1276737 health 194568 fidelity 8
38953 plate glass 542656 burglary and theft
833107 fly wheel 154800 auto and teams prop
erty damage 1799356 workmens collective
91593 total
3 Losses and claims resisted 750000 burlary and theft
100000 auto and teams property damage 577100
total
1091
4 Total losses and claims Accident 2103761 health 2
57673 fidelity 848953 plate glass 575679 burg
lary and theft 944007 fly wheel 154800 auto and
teams property damage 2559200 workmens collec
tive 116800 total
5 Deduct reinsurance Accident 73393 health 30178
burglary and theft 10000 auto and teams property
damage 156500 total
6 Net unpaid claims except liability claims Accident
2030368 health 227495 fidelity 848953 plate
glass 575679 burglary and theft 934007 fly
wheel 154800 auto and teams property damage
2402700 workmens collective 116800 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 40000 health 4500
fidelity 5000 plate glass 3500 burglary and theft
35000 fly wheel 10000 auto and teams property
damage 47500 workmens collective 2000 total
8 Total losses and claims Accident 2070368 health 2
31995 fidelity 853953 plate glass 579179 burg
lary and theft 969007 fly wheel 164800 auto
and teams property damage 2450200 workmens
collective 118800 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 1778
56653 unearned premiums fifty per
cent 889s 7
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 143
40575 unearned premiums pro rata
57417 70
14271 00
75608 73
2700 71
72908 02
1475 00
74383 02
306536 00
380919 02
105207 00
23 Total unearned premiums as shown by recapitulation
994490 271092 CompteollerGekebals Eepoet
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 972800
health 406020 liability 6206925 fidelity 3
96320 total 79820 65
26 Surety 99946 plate glass 793574 steam boiler 2
14635 burglary and theft 626923 total 17350 77
27 Fly wheel 69 49
28 Auto and teams property damage 872524 workmens
collective 3804 total 8763 28
29 Salaries rents expenses bills accounts fees etc due or
accrued 6805 70
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 37064 00
46 Total amount of all liabilities except capital 1525283 IS
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 441750 65
49 Surplus as regards policyholders 1441750 65
50 Total liabilities 2967 033 83
Business in the State of Georgia During the Year
Gross premiums less return premium on risks written or
renewed during the year Accident 1004826 health
733146 liability 1544589 fidelity 415766
surety 2100 plate glass 122982 steam boiler
18365 burglary and theft 93976 fly wheel 1450
automobile property damage 538751 workmens
collective 23150 total 44991 01
Gross losses paid Accident 605674 health 109247
liability 274730 fidelity 37292 plate glass
44426 burglary and theft 4035 automobile prop
erty damage 188955 workmens collective 5078
total 12694 37

THE RIDGELY PROTECTIVE ASSOCIATION OF WORCESTER
MASSACHUSETTS
Francis A Harrington President Austin A Heath Secretary
Ralph T Winters Attorney for Service in Georgia
1 Amount of capita paid up
in cash
ICapital Stock
100000 00ComptrollerGenerals Report
1093
2 Amount of ledger assets as per balance
December 31 of previous year 356535 96
Extended at
356535 96
IIIncome
1 Gross premiums written and renewed during the year
Accident and health
3 Deduct return premiums on policies can
celled Accident and health
20
24
321960 19
521 93
5 Total deductions Accident and health
6 Net premiums Accident and health
Policy fees required or represented by applications
Gross interest on bonds and dividends on
stocks less 167849 accrued interest
on bonds acquired during 1912
Gross interest on deposits in trust com
panies and banks
13052 07
2616 67
30 Total gross interest and Tents
31 From other sources Collectors overremittanees
37 Gross profit on sale or maturity of ledger assets viz
Bonds
521 93
321438 26
40928 50
15668 74
99 24
1255 00
39 Total income 379389 74
ITTDisbursements
1 Gross amount paid for losses Accident 7264220
health 107925 67 total
5 Net amount paid policy holders for losses Accident 72
64220 health 10792567 total
17 Investigation and adjustment of claims viz Accident
and health
22 Policy fees retained by agents
23 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident and health
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
32 Rents
35 State taxes on premiums
180567 87
180567 87
2501 31
39552 15
17804 20
46756 66
11482 54
2121 18
5501 831094
ComptrollerGenerals Report
36 Insurance department licenses and fees 1599 2
37 All other licenses fees and taxes Federal corporation
tax 322 77
39 State corporation fax 1797 00
42 Legal expenses 262 75
43 Advertising 1068 10
44 Printing and stationery 4598 45
45 Postage telegraph telephone and express 4684 4
46 Furniture and fixtures 2419 43
47 Stockholders for interest or dividends amount declared
during the year 5000 00
49 Miscellaneous 1024 55
53 Agents balances charged off ol 74
54 Gross loss on sale or maturity of ledger assets viz
Bonds 3903 75
56 Total disbursements
33000 00
IVLedger Assets
4 Book value of bonds
5 Cash in companys office
7 Deposits in trust companies and banks on interest
30 Ledger assets
NonLedger Assets
32 Interest accrued on bonds
43 Gross assets
5360 34
323526 50
235 73
79163 47
402925 70
408286 04
Deduct Assets Not Admitted
51 Book value of ledger assets over market
value viz Bonds per schedule Dif
56 Admitted assets
996 50
407289 54
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 1568928 health 3377056 total 49459 84
3 Losses and claims resisted 74750 health 3000 total 777 50
4 Total losses and claims Accident 1643678 health
3380056 total
50237 34ComptrollerGenerals Report
1095
6 Net unpaid claims except liability claims Accident 16
43678 health 3380056 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 16380 health 37804 total
8 Total losses and claims Accident 1660058 health
3417860 total
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon
all unexpired risks running 3 months
from October 15 1912 8904625 un
earned premiums pro rata 16
22 Gross premiums less reinsurance upon
all unexpired risks running 3 months
from January 15 1913 319950 un
earned premiums pro rata 1 16
14841 04
3732 75
23 Total unearned premiums as shown by recapitulation
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
30 Advance premiums one hundred per cent
46 Total amount of all liabilities except capital
47 Capital actually paid up in cash 100000 00
48 Surplus over all liabilities 224966 41
49 Surplus as regards policyholders
50 Total liabilities
Business in The State of Georgia During The Year
Gross premiums less return premium on risks written or
renewed during the year Accident and health
Gross losses paid Accident and health
50237 34
541 84
50779 18
50779 18
18573 79
1786 96
6163 20
5020 00
82323 13
324966 41
407289 54
11772 34
7954 361096
ComptrollerGenerals Report
THE STANDARD ACCIDENT INSURANCE COMPANY OF
DETROIT MICHIGAN
Lem W Bowen President J 8 Heaton Secretary
J G H Miles Atlanta Attorney for service
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 402851 98
Extended at
402851 98
IIIncome
1 Gross premiums written and renewed during the year
Accident 146178347 health 24034591 liability
182285805 auto property damage 10090866
workmens collective 3294832 total
2 Deduct reinsurance Accident 2177960
liability 1219754 total 33977 14
3 Deduct return premiums on policies can
celled Accident 4123020 health
644755 liability 1219754 total 194768 52
4 Deduct premiums on policies not taken
Accident 19817152 health 49
56637 liability 20334162 auto prop
erty damage 1934450 workmens
collective 28610 total 470710 11
3718845 41
5 Total deductions Accident 26118132 health 56
01392 liability 34514101 auto property damage
3566012 workmens collective 145940 total
6 Net premiums Accident 1200602 15 health 184
33299 liability 147771704 auto property damage
12524854 workmens collective 3148892 total
20 Policy fees required or represented by applications
22 Gross interest on mortgage loans 11544 74
23 Gross interest on collateral loans 1461 74
21 Iross interest on bonds and dividends on
stocks less 320875 accrued interest
on bonds acquired during 1912 120182 01
25 Gross interest on deposits in trust com
panies and banks 1741 61
28 Bills receivable on notes for premiums 457 73
30 Total gross interest and rents
699455
3019389 64
48198 76
135387 83ComptrollerGenerals Report
1097
37 Gross profit on sale or maturity of ledger assets viz
Bonds
6250 00
39 Total income 3209226 23
IIIDisbursements
1 Gross amount paid for losses Accident 55198188
health 6822479 liability 59303226 auto property
damage 4626619 workmens collective 2081286
total 1280297 98
2 Deduct reinsurance Accident 15004 49
4 Total Deduction Accident 15004 49
22
23
28
29
31
32
35
36
39
40
41
42
43
44
45
46
Xet amount paid policyholders for losses Accident 536
97739 health 6822479 liability 59301221 auto
property damage 4626619 workmens collective
2081286 total 1265293 49
Investigation and adjustment of claims viz Accident
1056912 health 82064 liability 19878659 auto
property damage 160079 workmens collective
46609 total 212243 23
Policy fees retained by agents 48198 7b
Commissions or brokerage less amount received on
return premiums and reinsurance for the following f
classes Accident 35108137 health 5308813
liability 34031580 auto property damage 30
11829 workmens collective 852101 total 783124 60
Salaries fees and all other compensation of officers
directors trustees and home office employees 62863 23
Salaries traveling and all other expenses of agents not
paid by commissions 149533 31
Inspections other than medical and claim 24877 59
Bents 1008 00
State taxes on premiums 50104 43
Insurance department licenses and fees 9701 17
All other licenses fees and taxes Federal corporation
tax 1382 40
Local taxes 127 i 94
Municipal licenses and taxes 2041 18
Publication annual 106832 bonds for Ins Dept
28000 Secretaries of state 40500 total 1753 32
Legal expenses f 659 79
Advertising 21081 91
Printing and stationery 2374 32
Postage telegraph telephone and express 18455 58
Furniture and fixtures 1286 691098
CompteollebGenebals Eepoet
47 Stockholders for interest or dividends amount declared
during the year
48 Other disbursements Traveling expenses of home office
employees
50 Sundry expenses
53 Agents balances charged off
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds
5j Total disbursements
70000 00
5 703 90
9600 27
46 26
11985 60
2884871 97
IVLedger Assets
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds sticks or other col
laterals
4 Book value of bonds
5 Cash in companys 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 October 1 1912 Accident 193
97224 health 3794158 liability
18158842 auto property damage
1829047 workmens collective 9
33100 totals 441123 71
On policies or renewals issued prior to
October 1 1912 Accident 1663822
health 276998 liability 1358552
auto property damage 120897 work
mens collective 27868 total 34481 37
24 Total
26 Other ledger assets viz Workmens compensation fund
special reinsurance
203325 00
35597 C7
3459703 03
7230 88
168810 07
176040 95
475605 OS
2598 11
30 Ledger assets
NonLedger Assets
31 Interest due 78390 and accrued 2
29585 on mortgages 3078 75
32 Interest accrued on bonds 59237 03
33 Interest due 77124 and accrued 3760
mi collateral loans 808 84
37 Total
63124 62
ComptrollerGenerals Keport
109
39 Market value not including interest in item 32 of bonds
and stocks over book value
1591 32
43 Gross assets 4417585 18
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 34481 37
51 Book value of ledger assets over market
value viz Decrease in collateral loan 5665 07
55 Total
40146 44
56 Admitted assets 4377438 74
VLiabilities
1 Losses and claims adjusted Accident 5221728 health
235182 auto property damage 561875 workmens
collective 88742 total
2 Losses and claims reported or in process of adjustment
Accident 19424422 health 2208318 auto property
damage 1504645 workmens collective 462252
total
3 Losses and claims resisted Accident 2614000 auto
property damage 262500 total
59075 27
235996 37
28765 00
4 Total losses and claims Accident 27260150 health
2443500 auto property damage 2129020 work
men s collective 550994 total
6 Net unpaid claims except liability claims Accident
27260150 health 2443500 auto property damage
2129020 workmens collective 5511904 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 546350 health 56500
auto property damage 43750 workmens collective
15550 total
8 Total losses and claims Accident 27806500 health
25mkiid auto property damage 2172770 work
men s collective 566544 total
1 7 Special reserve for unpaid liability losses
323836 64
323836 04
0021 50
330458 11
701863 97
20 Total unpaid claims and expenses of settlement
21 Gross premiums less reinsurance upon
all unexpired risks running one year
1032322 111100 ComptrollerGenerals Eepoet
or less from date of policy 2259
30970 unearned premiums fifty per
cent 1129654 85
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 5477806
unearned premiums pro rata 25468 36
23 Total unearned premiums as shown by recapitulation 1155123 21
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 5722181
health 1172394 liability 4555011 auto property
damage 451774 workmens collective 229542
total 121309 02
29 Salaries rents expenses bills accounts fees etc due or
accrued 7467 25
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 59 772 51
34 Return premiums 19850 58
35 Reinsurance 2 238 19
36 Advance premiums one hundred per cent 7 443 67
46 Total amount of all liabilities except capital 2405526 54
47 Capital actually paid up in cash 500000 00
48 Surplus over all liabilities 1471912 20
49 Surplus as regards policyholders 1 97j 912 20
50 Total liabilities 4377438 74
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 2458746 health
840542 liability 805385 automobile property
damage 189706 total 42 943 79
Gross losses paid Accident 1242266 health 301778
liability 558483 automobile property damage
55457 total 21579 84ComptrollerGenerals Kepokt 1101
THE TITLE GUARANTEE SURETY COMPANY OF SCRANTON PA
L A Watres President J H Law Secretary
D B Mclntyre 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 2223191 59
3 Increase of paid up capital during the
year 287180 00
Extended at 2510371 59
IIIncome
1 Gross premiums written and renewed during the year
Fidelity and surety 133350903 title 70083 total 1334209 86
2 Deduct reinsurance Fidelity and surety 139828 94
3 Deduct return premiums on policies can
celled Fidelity and surety 169244 33
4 Total deductions Fidelity and surety
309073 27
5 Net premiums Fidelity and surety 102443576 title
70083 total 1025136 59
22 Gross interest on mortgage loans
23 Gross interest on collateral loans
24 Gross interest on bonds and dividends on
stocks less 201657 accrued interest
on bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks
26 Gross interest from all other sources mis
cellaneous
29 Gross rents from companys property in
cluding 800000 for companys occu
pancy of its own buildings
5393 17
444 74
52565 59
5976 94
190 43
9625 00
30 Total gross interest and rents
31 From other sources Title dept search fees
33 Return of amt advanced II S Treas Dept Exam
34 Received from sale of furniture and fix
36 From agents balances previously charged off
37 Gross profit on sale or maturity of ledger assets viz
Bonds
39 Total Income
74105 87
5423 89
2000 00
3037 25
397 69
937 50
1111128 791102
ComptrollerGenerals Report
IIIDisbursements
1 Gross amount paid for losses Fidelity and surety
3 Deduct salvage Fidelity and surety 80847 67
4 Total deduction Fidelity and suret
5 Net amount paid policyholders for losses Fidelity and
surety
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
directors trustees and home office employees
29 Salaries traveling and all other expenses of agents not
paid by commissions
32 Rents including 800000 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
42 Legal expenses
43 Advertising
44 Printing and stationery
45 Postage telegraph telephone and express
46 Furniture and fixtures
48 Other disbursements General expenses
50 Title dept search and recording fees
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
Bonds
55 Gross decrease by adjustment in book value of ledger
assets viz Real estate
413730 22
89847 67
323882 55
65050 76
175841 63
107562 76
240488 14
12500 00
3461 71
1554 17
15544 45
14738 24
500 00
5797 90
23681 64
29140 24
10549 34
29481 68
2662 14
7385 03
4134 38
5204 82
56 Total disbursements 1085 161 58
IV Ledger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Bools value of bonds 130305955 and stocks 36
20000 total
5 Cash in companys office
6 Deposits in trust companies and banks on interest
7 Deposits in trust companies and banks on interest
115000 00
26562 00
1339259 55
4896 67
28450 on
335763 45

ComptrollerGenerals Report
1103
Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Fidelity surety
33417011 title 143655 total
On policies or renewals issued prior to
October 1 1912 Fidelity and surety
335606 66
117375 00
24 Total
25 Bills receivable
27 Advances on contracts 1
28 Real estate mtg and judgments 3
30 Ledger assets
452981 66
103678 94
58624 05
61122 48
2546338 80
NonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds

1298 07
8238 33
43 Gross assets
2555875 20
Deduct Assets Not Admitted
49
51
Premiums in course of collection written
prior to Oct 1 1912
Book value of ledger assets over market
value viz Bonds and stocks
117375 00
41569 55
56 Admitted assets
2396930 65
VLiabilities
2
3
4
6
8
21
22
23
Losses and claims reported or in process of adjustment
Fidelity and surety i
Losses and claims resisted Fidelity and surety
134795 67
185288 10
Total losses and claims Fidelity and surety
Net unpaid claims except liability claims Fidelity and
surety
320083 77
320083 77
Total losses and claims Fidelity and surety
Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 77878093
unearned premiums fifty per cent
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 8175048
unearned premiums pro rata
320083 77
389390 46
40875 24
Total unearned premiuns as shown by recapitulation 430265 701104
ComptrollerGenerals Eeport
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Surety
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 Reinsurance
40813 36
1000 00
24122 13
62081 02
46 Total amount of all liabilities except capital 878 365 98
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 518 564 67
49 Surplus as regards policyholders 1 518 564 67
50 Total liabilities 2396930 65
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or
renewed during the year Fidelity and surety
Gross losses paid Fidelity and surety
13179 55
228 00
THE TRAVELERS INDEMNITY COMPANY OF HARTFORD CONN
8 Dunham President
Home Office 700 Main Street Hartford Connecticut
H F Rascher Attorney for Service in Georgia
ICapita Stock
1 Amount of capita paid up
cash 1000000 Oil
2 Amount of ledger assets as per balance
L P Butler Secretary
December l of
previous year 1841564 01
Extended at
LS41564 01
IfIncome
1 Gross premiums written and renewed during the vear
Accident 4473120 health 3753275 liability
16112584 steam Doiler 17143534 fly wheel 8
12800 auto property damage 72608823 total 1 no41 40ComptbollerGenerais Report 1105
2 Deduct reinsurance Steam boiler 4
95481 fly wheel 212926 total 7084 07
3 Deduct return premiums on policies can
celled Accident 27165 health
40392 liability 1928710 steam
boiler 1606473 fly wheel 84114
auto property damage 6958065 total 106449 19
4 Deduct premiums on policies not taken
Accident 711174 health 561027
liability 23347 00 steam boiler 23
38217 fly wheel 114020 auto prop
erty damage 12083204 total 161732 40
5 Total deductions Accident 738339 health 561027
liability 2334700 steam boiler 4440171 fly wheel
411060 auto property damage 19041269 total 275265 06
6 Net premiums Accident 3734781 health 3192248
liability 13777884 steam boiler 12703363 fly
wheel 421746 auto property damage 53567554
total 8975 76
303 45
21 Inspections
22 Gross interest on mortgage loans 24878 40
23 Gross interest on collateral loans 2615 oO
24 Gross interest on bonds and dividends on
stocks A07 39
25 Gross interest on deposits in trust com
panies and banks 1820 68
30 Total gross interest and rents 79423 03
37 Gross profit on sale or maturity of ledger assets viz
194 00
Bonds
38 Gross increase by adjustment in book value of ledger
assets viz Bonds 1462 63
39 Total income 955358 87
IITDisbursements
2 Gross amount paid for losses Accident 3001609
health 261381 liability 367760 steam boiler
10 62756 flv wheel 96412 auto property damage
17607506 total 22974 84
2 Deduct reinsurance Flywheel 4
3 Deduct salvage Steam boiler 3165 fly
wheel 166 auto property damage
377335 total 3806 6
4 Total deduction Steam boiler 3165 By wheel 64441
auto property damage 377335 total 4449 411106 ComptrollerGeneeals Eepoet
5 Net amount paid policykolders for losses Accident 30
01669 health 261381 liability 367760 steam
boiler 1059591 fly wheel 31971 auto property
damage 17230171 total 219525 43
17 Investigation and adjustment of claims viz Accident
7192 health 10730 liability 18397 steam boiler
119927 fly wheel 11000 auto property damage
3713954 total 38 812 00
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 12 79445 health 713056 liability 4
11517 steam boiler 2963438 fly wheel 76619
auto property damage 10842940 total 162870 15
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 30465 JW
29 Salaries traveling and all other expenses of agents not
paid by commissions 37 753 05
31 Inspections other than medical and claim 70 511 57
32 Rents 9586 69
35 State taxes on premiums 10 303 84
36 Insurance department licenses and fees 5 854 87
37 All other licenses fees and taxes Federal corporation
tax 800 11
39 Capital stock tax U qq qq
40 County and municipal licenses and fees 42 00
41 County and municipal taxes 208 79
42 Legal expenses 8 50
43 Advertising r
44 Printing and stationery 4 429 84
45 Postage telegraph telephone and express 372 16
46 furniture and fixtures 533 0s
47 Stockholders for interest or dividends amount declared
during the year 60j000 00
49 Exchange 102 95
50 Miscellaneous expenses 0 Ss
53 Agents balances charged off 53 0
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds IVI5 75
56 Total disbursements 67j 070 71
IVLedger Assets
2 Mortgage loans on real estate 525930 00
3 Loans secured by pledge of bonds stocks or other col
Iaterals 53475 00
4 Book value of bonds 1 35g 70 37
5 Cast in companys office 28086 7
7 Deposits in trust companies and banks on interest 53110 23ComptrollerGenerals Report HOT
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident5
22041 health 368407 liability 1
97405 steam boiler 2203823 fly
wheel 109718 auto property damage
5577928 total 9793 22
On policies or renewals issued prior to
October 1 1912 Accident 1100
health 28650 liability 20000 fly
wheel 64560 auto property damage
1400529 total 6690 5i
108483 78
24 Total
2125846 17
30 Ledger assets
NonLedger Assets
31 Interest accrued on mortgages i388 4
32 Interest accrued on bonds 19641 2b
33 Interest on collateral loans 842 09
26871 82
Total
39 Market value not including interest in item 32 of
bonds and stocks over book value
2152930 62
43 Gross assets
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to October 1 1912 i90
2136240 06
56 Admitted assets
VLiabilities
2 Losses and claims reported or in process of adjustment
Vcident 66000 health 115500 steam boiler 1
366i 00
85000 total T
Losses and claims resisted steam boiler
4 Total losses and claims Accident 66000 health 1
155 00 steam boiler 210000 totals V
6 Net unpaid claims except liability claims Accident
66000 health 115500 steam boiler 210000
total 1108
ComptrollerGenerals Report
Estimated expenses of investigation and adjustment of
unpaid claims health 3369 steam boiler 10500
total
138 69
8 Total losses and claims Accident 66000 health 1
18869 steam boiler 220500 total 4053 69
17 Special reserve for unpaid liability losses 69 058 00
18 Special reserve for unpaid liability losses auto prop dam
age 71796 18
20 Total unpaid claims and expenses of settlement 144907 87
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 369964 92
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 143409 10
23 Total unearned premiums as shown by recapitulation 513374 02
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 182714
health 151825 liability 40468 steam boiler 4
95860 fly wheel 21943 auto property damage 11
71364 total 20 641 74
29 Salaries rents expenses bills accounts fees etc due or
accrued 1 747 oq
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 20234 90
36 Advance premiums one hundred per cent 6 00
37 Other liabilities viz Reserve claims incurred on or
before Dec 31 1912 notices of which were received
subsequently 4 475 89
46 Total amount of all liabilities except capital 705387 62
47 Capital actually paid up in cash 1000000 00
48 Surplus over all liabilities 430852 44
49 Surplus as regards pol icy holders 1 430852 44
50 Total liabilities 2136 240 06
Business in The State of Georgia During The Year
Gross premiums less return premiums on risks written or
renewed during the year Accident 38865 health
1750 liability 158769 steam boiler 173595 fly
wheel 5000 automobile property damage 1144723
total 15192 0ComptrollerGenerals Report
1109
Gross losses paid Accident 11964 health 5786 auto
mobile property damage 282835 total
3005 85
THE TRAVELERS INSURANCE COMPANY OF HARTFORD CONN
Sylvester C Dunham President James L Howard Secretary
Home Office No 700 Main Street Hartford Conn
ICapital Stock
1 Amount of capital paid up
up in cash 2500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 16816066 4
Extended at
16816 066 74
IIIncome
1 Gross premiums written and renewed during the year
Accident 492671153 health 72674041 liability
918794192 workmens collective 8691065 total 14928304 51
2 Deduct reinsurance Accident 14838912
health 1502430 liability 11731257
total
3 Deduct return premiums on policies can
celled Accident 10815472 health
2024129 liability 50967168 work
mens collective 73594 total
4 Deduct premiums on policies not taken
Accident 60643696 health 119
90204 liability 100322227 work
mens collective 703438 totals 1734595 6o
280725 99
638803 63
5 Total deductions Accident 86298080 health 155
16763 liability 162820652 workmens collective
777032 total
6 Net premiums Accident 400373073 health 571
57278 liability 755973540 workmens collective
7914033 total
21 inspections
23 Gross interest on collateral loans
24 Gross interest on bonds and dividends on
stocks less 491034 accrued interest
on bonds acquired during 1912
2654125 27
38 00
14915 23
656265 251110
ComptbollebGeneeals Eepoet
25 Gross interest on deposits in trust com
panies and banks
26 Gross interest from all other sources In
on bills receivable
12827 84
4144 97
30 Total gross interest and rents
36 From agents balances previously charged off
37 Gross profit on sale or maturity of ledger assets viS
Bonds
Stocks
38 Gross increase by adjustment in book value of ledger
assets viz Bonds
39 Total income
688153 29
388 1
785 50
40480 63
107309 80
13111335 65
11 rDisbursements
1 Gross amount paid for losses Accident 217398150
health 23166390 liability 345399923 workmen s
collective 4428165 total 5903 926 28
2 Deduct reinsurance Accident 15466027
health 574988 liability 275000
total 163160 15
4 Total deduction Accident 15466027 health 574988
liability 275000 total
163160 15
23
5 Net amount paid policyholders for losses 2019321 23
health 22591402 liability 345124923 workmens
collective 4428165 total
16 Matured endowments and surrender values under ten
premium accident policies
17 Investigation and adjustment of claims viz Accident
8817936 health 1118971 liability 103698311
workmens collective 218474 total
Commissions or brokerage less amount received on return
premiums and reinsurance for the following lasses
Accident 121628132 health 16256826 liability
148731870 workmens collective 1014800 total
28 Salaries fees and all other compensation of officers
directors trustees and home office employees
28 traveling expenses home office
29 Salaries traveling and all other expenses of agents not
paid by commissions
29 Salaries traveling and all other expenses of pay roll
auditors
30 Medical examiners fees and salaries
5740
11
766 13
299 70
1138536 92
2876316 28
448494 52
28168 94
578866 48
127467 98
15800 07ComptrollerGenerals Report HH
31 Inspections other than medical and claim 267259 47
32 Rents including 3277338 balance Life Department
Statement for companys occupancy of its ofn build
ings 167113 33
35 State taxes on premiums
36 Insurance Department licenses and fees
37 All other licenses fees and taxes Federal Corporation
tax 129150 00
39 Capital stock tax 4 877 47
40 County and municipal licenses and fees
41 County and municipal taxes s 29 71
42 Legal expenses 73756 72
43 Advertising 7lll8 51
44 Printing and stationery finns 17
45 Postage telegraph telephone and express MJ
46 Furniture and fixtures
47 Stockholders for interest or dividends amount declared
during the year
48 Other disbursements Heat and light and miscellaneous
expenses of officers igg 3g
50 Newspapers periodicals and books
50 Exchange 2gg 0
51 Miscellaneous expenses
52 Profit and loss 1 377 19
53 Agents balances charged off
54 Gross loss on sale or maturity of ledger assets viz
310 o
Bonds
55 Gross decrease by adjustment in book value of ledger
assets viz Bonds
12513052 01
56 Total disbursements
IVLedger Assets
3 Loans secured by pledge of bonds stocks or other col
laterals 2362
4 Book value of bonds 956360500 stocks 4534
33630 total 1409
5 Cash in companys office
51 Cash at branch offices
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 1912 Accident 378
74944 health 6615175 liability 1
161213 95 workmens collective 12
27L81 total 1618386 95
941 30
000 00
109 18
982 84
918 58H12 ComptrollerGenerals Eeport
On policies or renewals issued prior to
October 1 1912 Accident 4037706
health 650948 liability 33942377
workmens collective 7657 total 386386 88
24 Total
9 2004773 83
25 Bills receivable
27 Agents ledger balances 7 t
44073 2o
30 Ledger assets
1 414350 38
NonLedger Assets
32 Interest accrued on bonds 137 2a1 43
33 Interest due 10000 and accrued 349219
on collateral loans 3 592 19
Total
Q w 140857 62
39 Market value not including interest in item 32 of
bonds and stocks over book value 345 4g8 70
43 Gross assets
17900696 70
Deduct Assets Not Admitted
45 Bills receivable 3g 86g 0Q
40 Agents ledger balances 44 073 9
49 Premiums in course of collection written
prior to October 1 191 386386 gg
55 Total
469328 13
56 Admitted assets
17431 368 57
VLiabilities
1 Losses and claims Adjusted Accident 11827 05
health 321165 workmens collective 162875 16 667 45
2 Losses and claims reported or in process of adjustment
Accident 35701065 health 5333856 workmens
collective 934685 total 414
3 Losses and claims resisted Accident li7861 117
4 Total losses and claims Accident 48669877 health
5055021 workmen s collective 0 fr
6 Net unpaid claims except liability claims Accident
48069877 health 5655021 workmens collective
1097560 total
4224 58

ComptrollerGenerals Beport
1113
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 2433494 health 282751
workmens collective 54878 total 27711 23
8 Total losses and claims Accident 51103371 health
5937772 workmens collective 1152438 total 581935 81
17 Special reserve for unpaid liability losses 3068674 00
20 Total unpaid claims and expenses of settlement 3650609 81
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 949782896
unearned premiums fifty per cent 4748914 48
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 371
76504 unearned premiums pro rata
long term 18745164 10 prem acci
dent 34333000 total 530781 64

24
29
30
36
37
39
40
41
42
43
44
Total unearned premiums as shown by recapitulation
Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 11362483
health 1984553 liability 24385494 workmens
collective 165672 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
Advance premiums one hundred per cent
Other liabilities viz Reserve Accident contingent fund
Reserve accident accumulations
Reserve liability excess limits
Reserve workmens compensation contingent fund
Reserve claims incurred on or before Dec 31 1912
nocises of which were received subsequently accident
Reserve claims incurred on or before Dec 31 1012
notices of which were received subsequently health
Reserve claims incurred on or before Dec 311912 notices
of which were received subsequently workmens col
lective
5279696 12
378982 02
138879 22
249814 00
7624 71
209643 10
200337 02
52365 40
151575 50
4556 53
5483 01
627 38
46 Total amount of all liabilities except capital
10500000 001H4 ComptbollebGenebals Eepoet
47 Capital actually paid up in cash 2500000 00
48 Surplus over all liabilities 456ol67 75
49 Surplus as regards policyholders 7060167 75
50 Total liabilities 17431368 57
Business in the State of Georgia During the Year
Gross premiums received less return premiums on risks
written or renewed during the year Accident 54
92862 health 18614 21 liability 7150003 total 145 042 86
Gross losses paid Accident 2779683 health 1115159
liability 19073 26 total 58 01 68
UNITED STATES CASUALTY COMPANY NEW YORK N Y
Edson S Lott President D G Luckett Secretary
Home Office 141 Broadway New York City N Y
John H Mullin Attorney for Service in Georgia
ICapita Stock
1 Amount of capital paid up
in eash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2760697 85
Extem1etl at 2760697 85
IIIncome
1 Gross premiums written and renewed during the year
Accident 66817790 health 294642 02 liability
145538577 plate glass 621143 steam boiler 68
19594 burglary and theft 9611263 Sprinkler 44
54337 auto and teams property damage 28298 42
workmens collective 827190 total 2669839 38
z Deduct reinsurance Accident 3499284
health 302746 liability 83982
plate glass 2047 steam boiler 4
91827 burglary and theft 726165
sprinkler 605790 total 57118 41
3 Deduct return premiums on policies can
cancelled Accident 1592511 health
751300 liability 8703584 steam

ComptrollerGenerals Repogt 1115
boiler 543708 burglary and theft
337693 sprinkler 281472 auto and
teams property damage 204513 work
mens collective 38034 total 124528 15
4 Deduct premiums on policies not taken
Accident 10771632 health 61
43123 liability 39758086 plate glass
124906 steam boiler 2145089
burglary and theft 1584381 sprinkler
1376830 auto and teams property
damage 593002 workmens collec
tive 271680 total 627687 29
5 Total deductions Accident 15863427 health 71
97169 liability 48545652 plate glass 126953
steam boiler 3l80624 burglary and theft 2648239
Sprinkler 2264092 auto and teams property damage
797515 workmens collective 309716 total 809333 85
6 Net premiums Accident 50954363 health 22267033
liability 96992925 plate glass 494190 steam
boiler 3638970 burglary and theft 69630 24
Sprinkler 2190245 auto and teams property damage
2032327 workmens collective 517476 total 1860505 53
22 Gross interest on mortgage loans 13151 73
24 Gross interest on bonds and dividends on
stocks less 46597 accrued interest on
bonds acquired during 1912 100601
25 Gross interest on deposits in trust com
panies and banks 1080 23
30 Total gross interest and rents 114833 49
31 From other sources Eecovery of items previously charged
to profit and loss 154 33
34 Loan German American Bank 25000 00
39 Total income mi 35
IIIDisbursements
1 Gross amount paid for losses Accident 25496704
health 10447934 liability 48276245 plate glass
12536 steam boiler 321820 burglary and theft
2574972 sprinkler 1236770 auto and teams prop
erty damage 631348 workmens collective 1
80845 total
2 Deduct reinsurance Accident 1497857
health 130626 steam boiler 113149
891791 741116 ComptrollerGeneral s Eeport
burglary and theft 235720 sprinkler
163456 total 21408 08
4 Total deduction Accident 1497857 health 130626
steam boiler 113149 burglary and theft 235720
sprinkler 163456 total
5 Net amount paid policyholders for losses Accident
23998847 health 10317308 liability 482762 45
plate glass 12536 steam boiler 208671 burglary
and theft 2339252 sprinkler 1073314 auto and
teams property damage 631348 workmens collec
tive 180845 total
17 Investigation and adjustment of claims viz Accident
1827642 health 758536 liability 9857852 plate
glass 6535 steam boiler 137S42 burglary and
theft 262412 sprinkler 148788 auto and teams
property damage 293953 workmens collective
29990 total
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 14797853 health 6587579 liabilitv
20969047 plate glass 69303 steam boiler 7
49868 burglary and theft 1943405 sprinkler 4
77189 auto and teams property damage 411097
workmens collective 123343 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
31 Inspections other than medical and claim
32 Rents
34 Taxes on real estate
35 State taxes on premiums
36 Insurance department licenses and fees
37 All other licenses fees and taxes Federal corporation
tax
39 Taxes on persona property
40 Municipal licenses
41 Franchise tax
42 Legal expenses
Advertising
44 Printing and stationery
45 Postage telegraph Telephone and express
46 Furniture and fixtures
47 Stkholders for interest or dividends amount declared
during the year 5000000
48 Other disbursements Extended free accident insurance
21408 08
870383 66
133235 50
4612S6 84
127119 69
53486 46
26475 50
19927 97
100 36
28892 20
617S 59
87 96
51 21
1271 94
307 42
4555 48
2111 16
25477 69
10660 84
3855 40
49940 00
2094 S3ComptrollerGenerals Report
50 Miscellaneous
51 Profit and loss 131616 loss unpaid German American
Bank 2500000 total
52 Fees of auditors 246032 interest on temporary loan
9722 total
56 Total disbursements
IVLedger Assets
1 Book value of real estate
2 Mortgage loans on real estate
4 Book value of bonds 93375662 and stocks 1329
34136 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 1912 Accident 58
61838 health 3123422 liability
12626147 plate glass 263490 steam
boiler 1037267 burglary and theft
1313575 sprinkler 419903 auto
and teams property damage 239659
workmens collective 102966 total 249882 67
24 Total
26 Other ledger assets viz Cash in hands of resident man
agers and adjusters
28 Agents ledger balances debits 275237 credits 82052
29 The workmens compensation reinsurance and inspection
bureau fund 217691
1117
7013 84
26316 16
2557 54
1863388 24
4500 00
300600 00
2263097 98
1956 70
25225 14
44231 71
249882 67
4200 00
1931 85
2176 91
30 LedgeT assets
2897802 96
ISonLedger Assets
31 Interest accrued on mortgages
32 Interest accrued on bonds
3967 63
10412 21
37 Total
43 Gross assets
14379 84
2912182 80
Deduct sseis Not Admitted
51 Book value of ledger assets over market
value viz Bonds
53 Stocks
53056 62
99016 361118 ComptrollerGenerals Report
54 Cash in hands of resident managers and
adjusters 4j200 00
55 Agents ledger balances 2752 37
Total 159025 35
56 Admitted assets o753jl57 45
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 3885300 health 1425600 plate glass
3300 steam boiler 7700 burglary and theft 4
87300 sprinkler 99000 auto and teams property
damage 180000 workmens collective 14900
total 6103100
3 Losses and claims resisted Accident 2715800 steam
boiler 45000 burglary and theft 73800 auto and
teams property damage 85500 totals 29201 00
Total losses and claims Accident 6611100 health
1425600 plate glass 3300 steam boiler 52700
burglary and theft 561100 sprinkler 99000 auto
and teams property damage 265500 workmens col
lective 14900 total
Net unpaid claims except liability claims Accident 66
01100 health 1425600 plate glass 3300 steam
boiler 52700 burglary and theft 561100 sprinkler
99000 auto and teams property damage 265500
workmens collective 14900 total
Estimated expenses of investigation and adjustment of
unpaid claims Accident 733400 health 158400
plate glass 400 steam boiler 5800 burglary and
theft 62400 sprinkler 11000 auto and teams
property damage 29500 workmens collective
1600 total
90232 00
90232 00
10025 00
8 Total losses and claims Accident 7334500 health
1584000 plate glass 3700 steam boiler 58500
burglary and theft 623500 sprinkler 110000 auto
and teams property damage 2950 00 workmens col
lective 16500 total 100257 00
1 Special reserve for unpaid liability losses 177 041 00
20 Total unpaid claims and expenses of settlement 277298 00
21 Gross premiums less reinsurance upon
all unexpired risks running one yearComptrollerGeneral s Report
1119
or less from date of policy 1481
56382 unearned premiums fifty per
cent
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 243
25282 unearned premiums pro rata
742422 98
125296 31
23
24
29
30
31
35
36
37
38
40
41
43
Total unearned premiums as shown by recapitulation
Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued on or
after October 1 1912 viz Accident 1487002
health 810385 liability 3272525 plate glass
66651 steam boiler 254130 burglary and theft
343564 sprinkler 102876 auto and teams prop
erty damage 58717 workmens collective 25227
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
Dividends declared and unpaid to stockholders
Reinsurance
Advance premiums one hundred per cent
Other liabilities viz
Additional special reserve for claims including claims
incurred 1912 reported 1913
Contingent fund
Reserve for reinsurance in companies not admitted in
New York
The workmens compensation reinsurance and inspection
bureau fund
867719 29
64210 77
3500 00
30000 00
12785 00
10076 13
716 02
100000 00
74234 49
12433 71
184 04
46 Total amount of all liabilities except capital 1453157 45
47 Capital actually paid up in cash 500000 00
48 Surplus over all liabilities 800000 00
49 Surplus as regards policyholders
1300000 00
50 Total liabilities
Business in The State of Georgia During The Year
Cross premiums less return premiums on risks written or
renewed during the year Accident 1054862 health
687187 liability 3424604 steam boiler 8802
burglary and theft 30625 sprinkler 46450 auto
mobile and teams property damage 23956 workmens
collective 144727 total
2753157 45
1041 131120
ComptrollerGenerals Report
Gross losses paid Accident 427470 health 290401
liability 2251439 steam boiler 14450 burglary
and theft 1129 automobile and teams property
damage 6654 workmens collective 28135 total
30200 78
UNITED STATES FIDELITY AND GUARANTY COMPANY OF
BALTIMORE MARYLAND
Jno R Bland President Geo R Callis Secretary
W F Patterson and Geo S Haines Attorneys for Service
IDeposit Capital
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 7018954 86
Extended at 7018954 86
IIIncome
1 Gross premiums written and renewed during the year
Aecident 16314194 health 6360892 liability
165750996 fidelity and surety 416376692 plate
glass 12078583 steam boiler 2655277 burglary
and theft 33808255 fly wheel 347823 auto prop
erty damage 15320193 workmens collective 26
41390 total 6716542 95
2 Deduct reinsurance Aecident 1153862
health 360457 liability 248829
fidelity and surety 20752746 plate
glass 6470 steam boiler 1090342
burglary and theft 2293527 fly wheel
103099 auto property damage
66201 total 260755 33
3 Deduct return premiums on policies can
celled Accident 549574 health 2
74408 liability 14322705 fidelity
and surety 29411940 plate glass
396227 steam boiler 163840 burg
lary and theft 1384863 fly wheel
32598 auto property damage 18
72605 workmens collective 73202 484818 72
4 Deduct premiums on policies not taken
Accident 2217334 health 996201
vkkj
ComptrollerGenerals Report
1121
liability 24854564 fidelity and surety
115638833 plate glass 1896044
steam boiler 485842 burglary and
theft 3567254 fly wheel 142337
auto property damage 2457920 work
mens collective 364547 total 526209 40
5 Total deductions Accident 3920834 health 16
31066 liability 39426098 fidelity and surety 658
03519 plate glass 2298741 steam boiler 1740024
burglary and theft 7245644 fly wheel 277944
auto property damage 431961726 Workmens col
lective 437749 total 1271783 45
6 Net premiums Accident 123933 60 health 4729826
liability 126324898 fidelity and surety 3505
73173 plate glass 9779842 steam boiler 915253
burglary and theft 26562611 fly Wheel 69879
auto property damage 10923467 workmens collec
tive 22036 41 total 5444759 50
21 Inspections 85 79
22 Gross interest on mortgage loans 162 50
23 Gross interest on collateral loans 1675 15
24 Gross interest on bonds and dividends on
stocks less 272987 accrued interest
on bonds acquired during 1912 183010 25
25 Gross interest on deposits in trust com
panies and banks 7265 66
26 Gross interest from all other sources
Premium deposits in branch office 3171 18
29 Gross Tents from companys property in
cluding 3500000 for companys occu
pancy of its own buildings 61515 41
30 Total gross interest and rents 256800 15
31 From other sources Munich Eeinsurance Co reserve
account 2196 28
36 From agents balances previously charged off 1199 56
37 Gross profit on sale or maturity of ledger assets viz
Bonds 4935 84
Storks 2006 00
39 Total income 5712283 12
IIIDisbursements
1 Gross amounl paid for losses Accident 6401951
health 2138885 liability 48957125 fidelity and
surety 151217212 plate glass 2903549 steam1122
CompteolleeGeneeals Eepoet
boiler 18240 burglary and theft 7881491 auto
property damage 3662182 workmens collective 9
42332 total 2241229 67
Deduct reinsurance Accident 130229
health 199157 liability 5000 fidel
ity and surety 1593761 burglary and
theft 562840 total 2490987
Deduct salvage Health 1250 liability
337895 fidelity and surety 435
94506 plate glass 33027 burglary
and theft 135817 auto property
damage 264735 workmens collective
1215 total 443684 45
Total deduction Accident 130229 health 200407
liability 342895 fidelity and surety 45188267
plate glass 33027 burglary and theft 698657
auto property damage 264735 workmens collective
1215 total
468594 32
5 Net amount paid policyholders for losses Accident 62
71722 health 1938478 liability 48614230 fidel
ity and surety 106028945 plate glass 2870522
steam boiler 18240 burglary and theft 7182834
auto property damage 3397447 workmens collec
tive 941117 total 1772635 35
17 Investigation and adjustment of claims viz Accident
55118 health 10565 liability 6534383 surety
10404555 plate glass 1565 steam boiler 1385
burglary and theft 290701 auto property damage
177332 workmens collective 3618 total 174792 22
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 3888323 health 1283684 liability
23336086 surety 72558730 plate glass 2822474
steam boiler 12477 burglary and theft 6524180
fly wheel 1913 auto property damage 1888440
workmens collective 232065 total 1125 483 72
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 402 680 96
29 Salaries traveling and all other expenses of agents not
paid by commissions 695 470 81
30 Medical examiners fees and salaries 2 119 05
31 Inspections other than medical and claim 24 364 86
32 Rents including 3500000 for companys occupancy of
its own buildings 114 952 86
33 Repairs and expenses other than taxes on real estate 20657 43
34 Taxes on real estate 1 162 20ComptrollerGenerals Report
1123
35
36
37
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
State taxes on premiums 87081 06
Insurance department licenses and fees 22390 93
All other licenses fees and taxes Federal corporation
tax 609 51
State city and county tax on capital stock 27898 56
Taxes on personal property 166 96
Municipal licenses 3803 17
Legal expenses 45043 74
Advertising 66864 28
Printing and stationery 73470 87
Postage telegraph telephone and express 102043 77
Furniture and fixtures 25361 19
Stockholders for interest or dividends amount declared
during the year 200000 00
Other disbursements Dept of guaranteed atty net 3992 63
Interest 830 96
Home office traveling expenses 9726 40
Associations and bureaus 4239 42
General miscellaneous expense 23139 42
Agents balances charged off 10136 67
Gross loss on sale or maturity of ledger assets viz
Real estate 1250 00
Bonds 511 45
Stocks 2750 00
Gross decrease by adjustment in book value of ledger
assets viz Stocks 2459 15
Total disbursements 5059069 67
IVLedger Assets
Book value of real estate 681392 87
Mortgage loans on real estate 3500 00
Loans secured by pledge of bonds stocks or other col
laterals 40249 00
Book value of bonds 440580198 and stocks 548
14725 total 4953949 23
Cash in companys office 1988 60
Deposits in trust companies and bunks not on interest 141036 73
Deposits in trust companies and banks on interest 660694 59
Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 19
55100 health 1308992 liability
23872833 fidelity and surety 512
89432 plate glass 1941646 steam
boiler 454838 burglary and theft
4154109 fly wheel 19051 auto
property damage 1208324 workmens
collective 846422 total 870507 561124
ComptrollerGenerals Report
On policies or renewals issued prior to
October 1 1912 Accident 263104
health 35970 liability 3405415
fidelity and surety 9260166 plate
glass 106056 steam boiler 23450
burglary and theft 140714 auto prop
erty damage 318824 total 135536 99
24 Total 1006044 55
26 Other ledger assets viz
27 Due by U S Government under contract 6 276 99
28 Accounts with suspended banks 70 324 84
Advance secured 4g 440 7g
29 Due for subscriptions dept guar atty 57 238 42
Workmens compensation reins and inspection bureau 1425 74
30 Ledger assets 7672168 31
NonLedger Assets
31 Interest due on mortgages 77 08
32 Interest due 2982950 and accrued 28
46683 on bonds 58296 33
33 Interest due on collateral loans 119 04
34 Interest due on other assets 350 00
37 Rents due and accrued 174 67
Total 55017 12
43 Gross assets 7j731185 43
Deduct Assets Not Admitted
49 Premiums in course of collection written
prior to Oct 1 1912 135536 99
51 Book value of ledger assets over market
value viz Guaranteed attorney sub
scriptions written prior to Oct 1 1912 6286 60
55 Bonds and stocks 249 711 73
Total 391535 32
56 Admitted assets 7339650 11
VLiabilities
2 Losses and claims reported or in process of adjustment
Accident 2007200 health 497000 fidelity ana
surety 43928073 plate glass 183163 steam boiler

mJMM
aK I
ComptrollebGenebal s Report
1125
85000 burglary and theft 1145665 auto prop
erty damage 917900 workmens collective 6
00600 total
3 Losses and claims resisted Fidelity and surety 449
16208 burglary and theft 89900 auto property
damage 110700 total
4 Total losses and claims Accident 2007200 health
497000 fidelity and surety 88844281 plate glass
183163 steam boiler 85000 burglary and theft
1235565 auto property damage 1028600 work
mens collective 600600 total
6 Net unpaid claims except liability claims Accident20
07200 health 497000 fidelity and surety 888
44281 plate glass 183163 steam boiler 85000
burglary and theft 1235565 auto property damage
1028600 workmens collective 600600 total
7 Estimated expenses of investigation and adjustment of
unpaid claims Fidelity and surety
493646 01
45116808
944814 09
944814 09
50000 00
8 Total losses and claims Accident 2007200 health 4
97000 fidelity and smety 93844281 plate glass
83163 steam boiler 85000 burglary and theft
1235565 auto property damage 1028600 work
mens collective 600600 total
17 Special reserve for unpaid liability losses
944814 09
105188 00
20 Total unpaid claims and expenses of settlement 1100002 09
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 4844
29267 unearned premiums fifty per
cent 2441996 43
21 New York excise 6070989 seventyfive
per cent 45532 42
22 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 501
03385 unearned premiums pro rata 234368 49
23 Total unearned premiums as shown by recapitulation
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 639321
health 409714 liability 4822312 fidelity and
surety 10822070 plate glass 582494 steam boiler
90968 burglary and theft 1052978 fly wheel
2721897 341126 ComptrollerGenerals Report
3810 auto property damage 217478 workmens
collective 143892 total 187850 37
29 Salaries rents expenses bills accounts fees etc due or
accrued 10000 00
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 92840 41
34 Return premiums 10523 81
35 Reinsurance 27067 43
38 Munich Reinsurance Co Reserve acct 24091 65
46 Total amount of all liabilities except capital 4174273 10
47 Capital actually paid up in cash 2000000 00
48 Surplus over all liabilities 1165377 01
49 Surplus as regards policyholders 3165377 01
50 Total liabilities 7339650 11
Business in The State of Georgia During The fear
Gross premiums less return premiums on risks written or
renewed during the year Accident 991401 health
529040 liability 3085911 fidelity and surety 54
75879 plate glass 329813 burglary and theft
409037 automobile property damage 385791
workmens collective 15000 total 112218 72
Gross losses paid Accident 359636 health 335136
liability 1060032 fidelity and surety 348465
plate glass 53745 burglary and theft 145650
automobile property damage 131176 workmens col
lective 6992 total 17 439 02
UNITED STATES HEALTH AND ACCIDENT INSURANCE COMPANY
OF SAGINAW MICHIGAN
J B Pitcher President 1 M Pitcher Secretary
130 North Washington Ave Saginaw Mich
G A Lean Atlanta Attorney for Service in Georgia
ICapital Stock
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assels as per balance
December 31 of previous year
945569 97
Extended at 945569 97wM

tj

COMPTROLLERGENERAL S EEPORT
1127
IIIncome
1 Gross premiums written and renewed during the year
Accident 70729259 health 43165524 total
2 Deduct reinsurance Accident 261729
health 36402 total 2981 31
3 Deduct return premiums on policies can
celled Accident 270520 health 2
12552 total 4830 72
4 Deduct premiums on policies not taken
Accident 5944958 health 4671039
total 106159 97
1138947 83
5 Total deductions Accident 6477207 health 4919993
113972 00
6 Net premiums Accident 64252052 health 38245531
total
20 Policy fees required or represented by applications
22 Gross interest on mortgage loans
23 Gross interest on collateral loans
24 Gross interest on bonds and dividends on
stocks less 184020 accrued interest
on bonds acquired during 1912
25 Gross interest on deposits in trust com
panies and banks 1674 68
1024475 83
109297 00
570 83
300 00
37324 27
30 Total gross interest and rents
32 Pees for charging and issuing policies
36 From agents balances previously charged off
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
39869 78
129 86
353 37
7357 93
270 00
39 Total income 1182253 77
IIIDisbursements
1 Gross amount paid for losses Accident 29073750
health 17846459 total 469202 09
6 Net amount paid policyholders for losses Accident
290737511 health 1 784fi459tofal 469202 09
17 Investigation and adjustment of claims viz Accident
207047 health 162679 total 3697 26
22 Policy tees retained by agents 109297 001128 ComptrollerGenerals Report
23 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Accident 14285220 health 11224102 total 255093 22
28 Salaries fees and all other compensation of officers
directors trustees and home office employees 95706 49
29 Salaries traveling and all other expenses of agents not
paid by commissions 57 460 45
30 Medical examiners fees and salaries 2728 97
31 Inspection other than medical and claim 420 75
32 Rents 22754 48
33 Repairs and expenses other than taxes on real estate
leased for home office 549 70
35 State taxes on premiums 17668 43
36 Insurance department licenses and fees 5 825 30
37 All other licenses fees and taxes Federal corporation
tax 389 49
39 Municipal licenses and taxes 920 86
40 Insurance dept examiners services and expenses 46 04
42 Legal expenses 728 19
43 Advertising 495 35
44 Printing and stationery 9 237 28
45 Postage telegraph telephone and express 12 738 75
46 Furniture and fixtures 3 361 92
47 Stockholders for interest or dividends amount declared
during the year 36000 00
49 Premium on fidelity bonds of agents collection and em
ployees 2250 49
50 Subscriptions to nsurance Periodicals agencies and
associations 1 565 11
51 Janitor 15512 supplies repairs and insurance on fur
niture and fixtures 73662 total 891 71
52 Office supplies for home office 945 3
53 Agents balances charged off 1 222 07
54 Gross loss on sale or maturity of ledger assets viz
Bonds 273 02
55 Gross decrease by adjustment in book value of ledger
assets viz Stocks 7402 07
56 Total disbursements 1123 383 05
IVLedger Assets
4 Book value of bonds 739 703 4
5 1 ash in companys office 8 05 18
6 Deposits in trusl companies and banks not on interest 40 151 19
7 Deposits in trust companies and banks on interest 82 990 58
ComptrolleeGenerals Report
1129
8 Premiums in course of collection viz
On policies or renewals issued on or
after October 1 1912 Accident 51
49023 health 3982803 total 90518 26
24 Total
90518 26
30 Ledger assets 1004440 69
NonLfdger Assets
32 Interest accrued on bonds 14806 64
39 Market value of bonds and stocks over
book value 7738 71
43 Gross assets 1026986 04
VLiabilities
1 Losses and claims Adjusted Accident 2324 25
2 Losses and claims reported or in process of adjustment
Accident 3985087 health 3807800 total 77928 87
3 Losses and claims resisted Accident 550000 health
45000 total 5950 00
4 Total losses and claims Accident 4767512 health
3852800 total 86203 12
5 Deduct reinsurance Accident 31179 health 893 320 72
6 Net unpaid claims except liability claims Accident
47363 33 health 3851907 total 85882 40
7 Estimated expenses of investigation and adjustment of
unpaid claims Accident 162000 health 12500 1745 00
8 Total Losses and claims Accident 4898333 health
38644 07 total 87627 40
20 Total unpaid claims and expenses of settlement 87627 40
21 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 20795601
unearned premiums fifty per cent 103978 00
23 Total unearned premiums as shown by recapitulation 103978 00
24 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued on
or after October 1 1912 viz Accident 1953385
health 1534802 total 34881 87
29 Salaries rents expenses bills accounts fees etc due or
accrued 4716 621130 ComptrollerGenerals Eeport
30 Estimated amount hereafter payable for federal state
and other taxes based upon the business of the year
of this statement 20431 70
35 Reinsurance 275 64
36 Advance premiums one hundred per cent 30075 83
46 Total amount of all liabilities except capital 281986 04
47 Capital actually paid up in cash 300000 00
48 Surplus over all liabilities 445000 00
49 Surplus as regards policyholders 745000 00
50 Total liabilities 026986 04TABLE No 1
Showing business done by Fire Insurance Companies in
State of Georgia for the Year Ending
April 30 1913
theTABLE No 1
Showing Business Done by Fire Insurance Companies in the State of Georgia for the Year Ending April 30 1913
NAME OF COMPANY
STATE
Achen MunichFire
Aetna
Agricultural
Alliance
American Central
American Union
American
American Druggists
American Home
Atlantic National
Atlanta Home
Atlas
Augusta
Boston
British America
Calledonian
Camden
Citizens
Citizens
City of N Y
Columbia
Commercial
Commercial Union
Commonwealth
Concordia
Connecticut
Continental
Dixie
Germany
Connecticut
New York
Pennsylvania
Missouri
Pennsylvania
New Jersey
Ohio
South Carolina
Georgia
Georgia
England
Georgia
Massachusetts
Canada
Scotland
New Jersey
Maryland
Missouri
New York
Georgia
Dist of Columbia
England
New York
Wisconsin
Connecticut
New York
North Carolina
Risks Written
During Year
Total Premiums
2896250 00
20812161 00
2152786 00
1327562 00
5681814 00
3409058 00
60600 00
810312 00
5303050 00
5061263 00
4057585 00
377
1473
1111
1281
1583
3882
1087
3370
398
26877
1309
371 00
163 00
983 00
560 00
042 00
005 00
752 00
873 00
472 00
378 00
355 00
35545 21
313557 34
24269
20574 96
88912 58
Losses Paid
2242179 00
13687964 00
44497 71
866 94
16600 60
91479 67
89636 34
59761 41
67731 38
6673 14
24540 93
17985 89
14509 83
22245 63
65041 46
21572 33
68634 25
39906 93
220361 41
11082 71
33856 91
177693 59
29490 97
22806 21
222861 27
9781 87
15575 00
47925 15
1812 13
6867 72
34854 61
71280 62
30608 60
42921 83
4800 76
12150 05
357 00
2667 80
68567 48
3107 87
45601 13
9389 67
28597 69
153254 04
196 03
Losses Unpaid
4590 48
91933 98
11987 68
1802 50
22805 00
133 04
543 93
1001 50
365 48
800
1766 03
8173 00
4900 00
11190 33
16 00
2151 43
82 31
1000 00
1972 45
2675 00
7115 32
1700 00
8939 56
677 09
6474 78
226 00
Fees
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
Tax
355 45
3135 57
242 70
205 75
889 12
444 98
8 67
166 00
91 48
448 18
597 61
67 73
66 73
245 40
179 86
145 10
222 45
650 41
215 72
68 63
399 07
2203 61
110 83
338 57
1776 94
294 91Druggists Indemnity Exeh
Equit ablo
Equitable
Fidelity Phenix
Fire Association of Phila
Firemens Fund
Firemens
Firsl Natl
Fitchburg
Franklin
Georgia Home
Georgia
German American
German Alliance
Germania
Girard
Glens Falls
Globe Rutgers
Great Southern
Hamburg Bremen
Hanover
Hartford
Home
Ins Co of N A
Ins Co of State of Pa
Liv Lon Globe
Liv Lon Globe
London Assurance
London Lancashire
Lumber
Lumber Mut ual
Lumber Underwriters
Lumbermans Mut
Mass Fire Marine
Mercant ile Mutual
Milwaukee Mechanics
Missouri
Rhode Island
South Carolina
New York
Pennsylvania
California
New Jersey
Dist of Columbia
Massachusetts
Pennsylvania
Georgia
Georgia
New York
Xew York
New York
Pennsylvania
New York
Xew York
Kentucky
Germany
Xew York
Connecticut
Xew York
Pennsylvania
Pennsylvania
England
Xew York
England
England
New York
Massachusetts
New York
Ohio
Massachusetts
Rhode Island
Wisconsin
732
1709
4531
5657
6549
990
31
88
1190
4568
9557
10307
2428
4640
2970
4069
2840
995 00
569 97
728 00
296 00
692 00
977 00
759 00
450 00
269 33
984 00
520 00
436 00
265 00
656 00
892 06
419 00
342 00
11672 38
33235 16
68310 27
91143 68
121084 93
23041 26
3191 29
2149 98
19960 74
81423 39
195116 00
148 395 83
35472 28
72202 70
61935 05
61903 81
38096 61
2453
2432
23196
18897
28045
1586
16952
1044
1426
4363
372
259
258
254
1148
1034
2301
737 00
177 57
694 00
603 00
281 00
020 00
345 00
121 00
412 00
079 00
678 00
380 00
540 00
125 00
030 00
906 00
277 00
34943 67
36530 24
404216 33
253058 08
251552 39
21327 69
259075 32
15278 32
18646 87
53837 05
6904 45
9254 50
6598 37
6639 67
18742 75
6920 11
36303 46
4710 72
26 974 38
23664 71
48542 14
62462 62
4878 65
776 82
5470 40
44373 51
49681 78
90226 83
19042 06
31660 16
20998 38
43038 46
10634 02
18216 42
22909 01
245500 28
169 254 68
221642 00
24602 25
149281 23
607 25
14869 23
20998 29
34 46
1924 33
4205 00
1444 11
4207 21
207 44
10490 35
2452 56
4427 38
2658 87
10279 05
8139
1517 41
1125 00
5550 52
3304 25
13676 37
992 00
9291 46
1050 00
13270 29
1105 00
1075 00
992 19
20574 13
25304 00
2109 84
2700 00
26 204 00
5 00
2059 00
1719 00
334 46
1332 00
1629 26
22 03
200 00
200 00
200 00
200 00
200 00
200 00
400 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
1 64
116 72
332 35
1040 48
911 43
1210 85
230 41
31 91
21 50
199 61
407 11
195 11
1483 96
357 42
722 03
619 35
619 04
380 97
349 41
365 30
4042 16
2530 58
2515 52
213 28
2590 75
152 78
186 47
538 37
69 04
92 55
65 98
66 40
187 43
69 20
363 03
I1S8 of this reported to Treasurer as feesTABLE No 1Continued
Showing Business Done by Fire Insurance Companies in the State of Georgia for the Year Ending April 30 1913
NAME OF COMPANY
NationalFire
Nationale
NationalUnion
Newark
New Brunswick
New Hampshire
Niagara
Norwich Union
Nord Deutsche
North River
North British Mercle
Northern Assurance
Northern
Orient
Pacific
Palatine
Pennsylvania
Penn Lumbermans
Pennsylvania Millers
Peoples National
Phoenix
Phoenix
Providence Washington
Queen of America
Rhode Island
Royal Exchange
Royal
Savannah
STATE
Risks Writ t en
During Year
Total Premiums Losses Paid
Connecticut
France
Pennsylvania
New Jersey
New Jersey
New Hampshire
New York
England
Germany
New York
England
England
New York
Connecticut
New York
England
Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania
Connecticut
France
Rhode Island
New York
Rhode Island
England
England
Georgia
11945003 00 100043 19
57904 36
3446300 00
424525 00
1601282 00
3620778 00J
2077349 00
2270162 00
49971 37
6715 91
24019 24
45761 41
35975 15
27246 93
1899981 00
7883920 00
4067601 00
32094 55
80 00
7740 49
24262 78
26408 38
13710 97
Losses Unpaid
2333106 08
29711 43
76680 58
59292 00
5574 96
17094 14
30651 08
27241 08
12165 45
3852557 16
4247591 00
269050 00
32050 00
1437100 00
7046933 00
4659793 00
7849323 00
63637 01
79302 47
4596 62
1106 61
21556 50
86770 56
47993 76
141044 96
30717 53
36298 92
687 17
377 01
4104 10
41077 11
16274 36
77709 67
2681736 00
8807449 001
1460803 00
40909 16
120320 51
19258 30i
26611 71
68036 41
3898 10
12227 16
70 41
1200 00
3175 52
657 61
Fees
3215 50
5020 00
1431 00
2059 00
325 50
488 20
70 00
15 00
4397 14
11963 46
7745 00
7318 14
11512 42
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
Tax
1060 43
499 71
67 16
240 19
457 61
359 75
272 47
297 11
766 81
592 92
272 41
636 37
793 02
45 97
11 06
215 56
867 70
479 94
1410 45
569 22
1203 21
19 26Scottish Union Natl
Security
Southern Mutual
Southern States
Springfield
Standard
St Paul
Svea
Sun Ins Office
United Firemen
US Fire
Union
Virginia State
WCstern Atlantic
WCstern Assurance
West Chester
Williamsburgh City
Yorkshire
Scotland
Connecticut
Georgia
Alabama
Massachusct t s
Connecticut
Minnesota
Sweden
England
Pennsylvania
New York
France
Virginia
Tennessee
Canada
New York
New York
England
Total
3
2
11
3
407852 00
486409 00
320725 00j
847125 00
698835 00
824496 00
550146 00
956875 00
516127 00
838554 00
591900 00
43442 861
44682 931
378489 76j
19162 00
85714 85
6131 30
80156 05
9581 19
49943 48
12578 31
8467 92
859511 00
113584 00
580 70S 00
880160 00
023688 00
16486 10
1758 65
35459 13
41974 09
34029 00
25396 44
34372 28
68863 32
14849 65
52043 39
456 16
45878 49
3781 05
23946 47
1104 30
1816 94
438777513 25 6098817 18
12129 94
1217 10
15917 92
19031 50
21570 14
3217920 13
2019 87
1158 00
2470 01
7544 78
589 16
365 00
327 86
4187 31
2500 00
1125 00
2008 00
2558 20
1101 62
343336 88
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
200 00
434 43
446 83
378 48
191 62
857 15
61 31
801 56
95 81
499 43
125 78
84 68
164 86
17 58
354 59
419 74
340 29
22200 00 53264 11TABLE No 2
Showing business done by Old Line Life Insurance Companies in
the State of Georgia for the Year Ending
April 30 1913TABLE No 2
Showing Business Done by Old Lino Life Insurance Companies in the State of Georgia for the Year Ending April 30 1913
NAME OF COMPANY
i Old Business of
STATE Risks Written Previous Years
During Year in Force
AetnaLife
Afro American
American National
Amicable
American Central
Bankers Reserve
Cherokee
Cosmopolitan
Com Life Casualty
Citizens National
Columbian National
Columbia
Connecticut Mut
Equitable
Empire
Fidelity Mutual
Franklin
Germania
Georgia
Greensboro
Home
Illinois
Indiana National
International
Intersouthern
Jefferson Standard
Life Ins Co of Vu
Manhattan
Maryland
Connecticut
Alabama
Texas
Texas
Indiana
Nebraska
Georgia
Georgia
Georgia
Kentucky
Massachusetts
Ohio
Connecticut
New York
Georgia
Pennsylvania
Illinois
New York
Georgia
North Carolina
New York
Illinois
Indiana
Missouri
Kentucky
North Carolina
Virginia
New York
Maryland
1287335 00
473000 00
17000 00
3677 45
79500 00
7511197 00
899000 00
20012 93
32000 00
897754 00
1392500 00
1458654 00
14000 00
588500 00
1082566 00
2530400 00
760311 00
402816 00
220000 00
741784 00
1688050 001
1136510 00
15000 00
1485000 00
13206647 00
12590935 00
3235780 00
2636023 00
1153379 00
Total
Premiums
235075 78
56294 84
361 93
695 98
3528 50
Losses
Paid
169930 12
172000 00
316038 00
886500 00
223000 00
199000 00
717000 00
659300 00
2857100 00
240500 00
2611432 00
483150 00
1508922 00
1982500 00
25000 00
1153906 00
94500 00
3257799 00
3876223 00
2661734 00
782379 00
53909 57
66905 45
76062 65
1474 40
78535 37
472706 09
546587 37
147585 36
83822 27
43724 49
59272 21
8807 27
55256 74
89777 34
6531 60
40656 78
15655 56
109075 03
216517 95
82257 07
41731 51
15385 26
3000
5000
18000
395
36867
297791
82000
25468
7191
22399
11820
3000
25635
27789
Losses
Unpaid
25200 00
1000 00
5000 00
17410 00
1000 00
31222 22
53549 96
52540 95
9585 00
10000 00
31090 00
26000 00
2500 00
3244 50
985 19
18500 00
502 76
3500 00
42 85
Fees
271 00
40 00
862 00
226 00
40 00
49 00
460 00
103 00
109 00
61 00
100 00
85 00
100 00
235 00
307 00
124 00
91 00
94 00
151 00
91 00
61 00
40 00
70 00
67 00
121 00
265 00
106 00
97 00
Tax
2350 76
1
562 95
3 62
6 96
35 28
110 77
53 91
669 05
879 03
14 75
785 35
4727 06
546 59
1475 85
838 22
510 66
59 27
88 07
581 03
897 77
65 32
406 57
156 56
1090 75
2165 18
822 57
417 32
Massachusetts Mut
Meridian
Metropolitan
Michigan Mut
Missouri State
Mutual Benefit
Mutual
National Life Accident
National USA
National
New England Mut
New York
North American
Northwestern Mut
Pacific Mutual
PanAmerican
Penn Mutual
Phoenix Mut
Pittsburg Life Trust
Provident Life Accident
Prudential
Reliance
Reserve Loan
Security
Security Mut
Standard
State Mutual
State
State Mutual
Southern National
Southern States
Southern StatesMut
Southern
Travelers
Union Central
U S Annuity
U S Health Life
Volunteer State
Massachusetts
Indiana
New York
Michigan
Missouri
New Jersey
New York
Tennesseej
Illinois
Vermont
Massachusetts
New York
Illinois
Wisconsin
California
Louisiana
Pennsylvania
Connecticut
Pennsylvania
Tennessee
New Jersey
Pennsylvania
Indiana
North Carolina
New York
Georgia
Georgia
Indiana
Massachusetts
Kentucky
Alabama
West Virginia
Tennessee
Connecticut
Ohio
Illinois
Georgia
Tennessee
Total
149550 00
266206 00
825174 00
295059 75
56500 00
470145 OO
722513 40
579979 00
982550 00
226348 00
573078 00
3
242500 00
191640 00
365302 00
438045 00
384000 00
665497 00
131560 00
909290 00
572000 001
514000 00
159080 00
121500 00
9062312 00
1703389 00
26584964 00
1585399 66
1996748 00
14442307 68
25833339 80
1611030 56
5825999 86
4525002 00
23600582 00
21346639 00
1785145 00
24433782 00
2510000 00
823733 00
12288792 00
1551531 00
620000 00
1512426 00
1938827 92
356237 20
69349 40j
011374 59
52971 48
28138 56
550629 53
978908 48
31918 95
68774 28
199777 69
152670 84
858588 20
107229
9500
318244
18660
7000
280272
505258
9280
35000
39000
40114
392493
765498 00
546696 00
399290 00
362500 00
871909 00
127000 00
113905 00
185235 00
615050 00
450280 00
7947306 00
6203641 00
1528550 00
66500 00
7317963 00
326640 00
4645274 00
12873002 00
148807 00
600195 00
527987 38
69877 60
7627 10
941716 52
90461 08
37506 08
5454 40
412291 43
75001 19
40177 54
22652 89
70384 66
300587 00
9577 00
2060 66 8243 00 1400 16000 00 14111 00
4000 00
20144 00
8724 30
2788 00
2100 00
312512 50 46915 00
77310 54
32341 80
2340 00
114422 84 14000 00
24804 62
3000 00
2000 00
26835 90
1554886 00
283778 72
156673 87
64949 10
12492 34
309766 87
12931 97
2542 29
141156 46
432077 52
14781 58
48513 95
68881 97
2996 43
64970509 00290371952 0010801841 924037640 991301601 03
109300 00
39104 31
4000 00
1850 00
34000 00
3000 00
139278 99
78051 69
5000 00
11000 00
5000 00
2000 00
1000 00
7000 00
19721 84
24568 00
1000 00
94 00
79 00
592 00
115 00
157 00
397 00
175 00
151 00
244 00
241 00
100 00
349 00
43 00
238 00
130 00
58 00
976 00
79 00
40 00
55 00
199 00
83 00
73 00
3562 37
693 66
10113 75
529 71
281 39
5506 30
9789 08
319 19
687 74
1997 78
1788 33
8585 88
106 00
64 00
124 00
82 00
64 00
52 00
148 00
49 00
43 00
316 00
124 00
163 00
136 00
85 00
15637 35
698 78
76 27
9417 17
904 61
375 06
54 56
4122 91
750 01
401 78
226 53
703 85
1418 89
1566 74
649 49
124 92
1548 83
129 32
25 42
1413 91
4320 78
147 82
48 51
688 81
10650 00110629 32TABLE No 3
Showing business done by Assessment Life Health Accident and
Fire Insurance Companies in the State of Georgia for
the Year Ending April 30 1913TABLE No 3
Showing Business Done by Assessment Life Health Accident Fire Insurance Companies in the State of Georgia for the Year Ending
April 30 1913
NAME OF COMPANY
STATE
Risks Written
During the
Year
Old Business
of Previous Total
Years in j Premiums
Force
Losses
Paid
Losses
Unpaid
Fees
Tax
American Life Annuity Life
American
Atlanta Mutual
Bankers Health Life
Continental Aid Assn
Farmers CoOp Jackson Fire
Farmers CoOp Rome
Farmers Mutual Dawson
Farmers Mut Ins Assn
Farmers Protec Lithonia
Free States Danielsville
German Mutual
Georgia Mut IndustrialLife
GlobeFire
Gordon County Mut
Guaranty Mut LifeLife
Home Priendly Society
Industrial Life Health
Merchants
Mut Benefit Industrial
National Life Assn
N C Mut Provt Assn
Pilgrims Life Health
Southern StatesFire
South Ga Farmers
Sunlight
Union Mut AssnLife
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Maryland
Georgia
Iowa
Georgia
Iowa
North Carolina
Georgia
Georgia
Georgia
Georgia
Georgia
702917 00
21065 64
813746 00
639289 45
593502 00
83710 00
289505 36
135500 00
198630 00
43085 00
1218545 00
492328 00
5850 00
502980 00
823536 00
34000 00
7032 60
108000 00
901313 00
880700 00
62050 00
43150 00
950500 00
503524 00
54049 46
107507 68
178487 25
105404 80
2967 51
25121 30
48502 56
69314 60
48290 13
18392 67
54702 00
1542 50
2898 80
375 06
8778 50
1864 83
1854 75
13952 23
112692 60
52256 05
110458 50
8282 00
64680 85
7699 34
29984 16
118000 00
166892 00
226620 00
174523 00
405500 40
1273 23
125358 40
1175 33
41645 31
223 700 00
990 00
215 75
23123 70
192275 30
176132 05
51195 25
1000 00
18784 65
100544 55
250 00
1295 00
2581 65
87563 30
813 58
375 00
81 88
517 00
37 50
5oo66
67 00
103 00
238 00
289 00
133 00
40 00
25 oo
25 00
25 00
25 00
25 00
25 00
244 00
40 00
25 00
175 00
70 00
433 00
58 00
190 00
82 00
166 00
169 00
25 00
25 00
25 00
361 00
54 05
107 50
178 48
105 40
29 67
22 49
15 42
28 98
3 75
69 76
112 69
82 82
64 68
405 50
12 73
125 36
11 75
416 45
223 70
9 90
2 16
23 12
192 27
Total 9681243 69
1224210 861668098 16 751487 22 2243 08 3108 00 2298 63TABLE No 4
Showing business done by Miscellaneous Insurance Companies
in the State of Georgia for the Year Ending
April 30 1913TABLE No 4
Showing Business Done by Miscellaneous Insurance Companies in the State of Georgia for the Year Ending April 30 1913
NAME OF COMPANY
STATE
Aetna Life AccidentCo
Aetna Accident Liabty
Ala Fidelity Casualty
American Bonding Co
American Casualty Co
American Credit Indemty
American Life Accident
American Surety
Atlantic Horse Ins
Columbia Ins
Continental Casualty
Employers Indemnity
Employers LiabilityCorp
Equitable Casualty Co
Equitable Surety
federal Casualty
Fidelity Casualty
Fidelity Deposit
Frankfort General
General Accident
Ga Life Accdt Dept
Globe Indemnity
Great Eastern Casualty
Guarantee Co of N A
Hartford Steam Boiler
Illinois Surety
Interstate Casualty
Connecticut
Connecticut
Alabama
Maryland
Pennsylvania
New York
Missouri
New York
Rhode Island
New Jersey
Indiana
Pennsylvania
England
iGeorgia
Missouri
jMiehigan
New York
Maryland
Germany
Scotland
Georgia
New York
New York
Canada
Connecticut
Illinois
Alabama
Risks Written
During Year
8126250 00
Old Business
of Previous
Years
in Force
Premiums
840810 00
52000 00
111010 00
12945657 00
8082 50
550356 00
941283 00
630612 00
436585 00
121500 00
3649 50
183900 00
22092823 37
6123873 49
342475 00
2228742 00
56050 00
685123 00
35100 00
5746779 00
6708969 00
17000 00
93665 97
78098 61
38584 28
11020 67
21473 69
12833 95
10734 17
3934 79
30667 38
678 95
11780 08
55369 60
13217 80
19497 73
33591 84
1589 39
5971 92
102353 94
46345 87
3087 20
55490 92
101203 51
1579 21
11120 53
55 00
21707 06
722 89
22606 99
Losses
Paid
25015 68
5543 77
695 81
8036 66
5660 05
2150 15
4993 95
9389
25674
4333
26324
18190
8
5652
43582
50088
1114
41056
48186
293
6284
7731 14
5724 84
Losses
Unpaid
14018 57
3903 60
2500 00
10083 72
50 00
5315 00
2447 50
140 00
2744225
9658 00
5000 00
150 00
155 00
1150 00
435 23
Fees
See Life
61 00
121 00
199 00
91 00
43 00
85 00
382 00
40 00
73 00
364 00
43 00
67 00
115 00
79 00
79 00
211 00
235 00
49 00
205 00
See Life
46 00
145 00
Out
193 00
Out
58 00
Tax
780 99
385 84
110 21
214 73
128 34
107 34
39 35
306 68
6 79
117 80
553 70
132 18
194 98
33 59
15 89
59 72
1023 54
463 46
30 87
554 91
101 20
15 79
111 21
55
217 07
7 23
226 07Interstate Life Accidt
Lloyds Plate Glass
London Guarantee Acct
London Lancashire Guatee
Loyal Protective
Maryland Casualty
Massachusetts Bonding
Masonic Mut Accident
Masonic Protective Assn
Metropolitan Casualty
National Casualty
Nat Life USAAcctDept
National Surety
New York Plate Glass
New England Casualty
North America Accident
Ocean Accident
Pacific Coast Casualty
Pacific MutLife Acct Dept
Phoenix Assurance
Preferred Accident
Royal Casualty
Poyal Indemnity
Ridgely Protective
Standard Accident
Title Guarantee Surety
Thames Mersey
Traverlers Indemnity
Travelers Accident Dept
Union Marine
U S Casualty
U S Fidelity Guaranty
U S Health Accident
United States Lloyds
1278787 00
3842275 00
16150 00
659324 00
270600 00
145200 00
8919647 00
Tennessee
New York
England
England
Massachusetts
Maryland 3417319 00
Massachusetts 2477068 00
Massachusetts
Massachusetts
New York
Michigan
Illinois
New York
New York
New York
Illinois
England
California
California
England
New York
Missouri
New York
Massachusetts
Michigan
Pennsylvania
England
Connecticut
Connecticut
England
New York
Maryland
Michigan 526575 00
New York 5438077 00
2482700 00
899365 00
16125000 00
4690965 00
717800 00
448450 00
33050 00
9521672 00
744420 30
34700 00
248300 00
1298000 00
2517227 00
1729000 00
72600 00
1894954 00
2946906 00
243000 00
4410 000 00
418925 00
29937000 00
L930 195 00
19030 78
1324 42
27880 22
11927 71
309 77
15900 93
1661 00
131341 38
25895 57
4197 50
13799 00
8999 75
6671 12
19717 58
26879 81
2831 04
1225 50
58626 54
9730 61
1473 SO
9766 51
6577 11
3322 47
9375 14
9507 46
1000 57
168000 00
3790 000 00
TotalIil47446011 36 35902485 771701928 02
18965 24
50451 94
171 21
43505 84
48336 89
10229 34
8461 62
46633 07
11458 00
42271 36
14027 73
14047 72
15767 30
156023 48
9121 05
57973 23
121108 48
9120 36
18706 62
7757 68
30659 90
19432
21571
2235
2958
17891
6847
21435
228
10971
2759
70100
15930
27037
21787
4359
77227
18 00
157 06
26713 08
4689 87
6 00
1552 66
671 77i
247 50
1528 00
17247 62
173 23
2790 27
19485 00
227 00
1397 16
1140 89
15195 27
5225 00
4060 00
91 75
2620 00
12090 82
273 74
1330 00
127 00
70 00
82 00
40 00
67 00
259 00
94 00
55 00
64 00
103 00
70 00
See Life
295 00
43 00
43 00
295 00
103 00
76 00
See Life
40 00
58 00
112 00
184 00
61 00
262 00
79 00
43 00
106 00
See Life
79 00
106 00
436 00
133 00
64 00
845667 17201374 56 6633 00 15807 63
190 30
13 24
278 80
16 61
1313 41
258 96
41 98
137 99
90 00
66 71
197 18
268 80
28 31
189 65
504 52
2 86
435 06
483 37
102 29
84 62
466 33
114 58
422 71
140 28
140 48
157 07
1560 23
91 21
579 73
1211 08
91 20
187 07TABLE No 5
Showing Condition of Fraternal Orders in the State of Georgia for
the Year Ending December 31 1912
TABLE No 5
Showing Condition of Fraternal Orders for the Year Ending December 31 1912
NAME OF ORDER STATE ASSETS LIABILITES INCOME EXPENDITURES FEES
Denver Col 20366 57 1754222 24 1130833 72 6541 95 550852 80 392 70 766 60 317947 55 25105 63 673 00 57832 50 34146 65 3266913 64 6771572 08 17624 76 968564 70 3267 40 15940 08 1581589 38 631778 40 11980 77 417152 29 2546 35 40 00
Indianapolis Ind St Louis Mo Washington D C Atlanta Ga Atlanta Ga 40 00
Catholic Knights of America 40 00
40 00
Eminent Household Columbian Woodmen Farmers Mut Life Protective Assn 40 00 40 00
40 00
Philadelphia Pa Denver Col Boston Mass Roxbury N Y Philadelphia Pa Baltimore Md Athens Ga Pittsburgh Pa Covington Ga New Haven Conn St Louis Mo Detroit Mich 463506 68 362872 62 43719 28 939404 95 434815 46 887700 24 7684 23 85171 16 2720 66 4094925 52 599283 42 11704608 12 96998 21 88512 95 17033 98 115236 26 87493 90 352132 43 2559 15 84534 49 3588 00 102867 75 025128 26 969918 37 941591 00 919779 66 140861 20 2093228 18 492476 87 2472354 12 27076 53 190568 90 3223 41 5223060 52 1738996 64 16008361 83 544100 34 633523 58 96847 34 1132208 11 231408 09 1670884 44 21892 30 123063 87 4420 55 926409 67 263249 12 4742300 76 40 00
Fraternal Union of America 40 00
40 00
40 00
40 00
40 00
40 00
40 00
40 00
40 00
40 00
Knights of Maccabees of the World 40 00
40 00
Indianapolis Ind Port Huron Mich Atlanta Ga Washington D C Mason City IowaRock Island 111 Dallas Texas 5165303 47 6559251 13 586124 77 349917 48 1287269 04 13228817 36 1102905 75 4200795 58 135172 92 80117 20 329902 00 250884 75 1502397 82 223714 71 6980184 22 7596635 26 738069 47 400037 00 2701503 59 26244650 69 1127643 42 1962321 47 1249899 91 151944 70 95002 54 1617773 65 14166879 81 327301 73 40 00
40 00
40 00
Masonic Mut Life Assn Mordern Brotherhood of America 40 00 40 00 40 00
Modern Order of Praetorians 40 00
National Union Toledo Ohio 2556229 64 237627 63 4743465 51 2510082 53 40 00
Railway Mail Assn Royal Benefit Society 40 00
Washington D C Charlotte N C Boston Mass Rock Island 111 Birmingham Ala Knoxville Tenn Columbus Ohio Atlanta Ga Omaha Neb Omaha Neb 54571 23 6298 95 7249694 14 1538836 82 15647 33 200663 65 704058 28 67304 30 2853988 59 18109700 80 74251 19 196901 40 761 00 16122 23 714040 251 15191285 15 279566 67 2844840 26 148349 88 11826 34 8375831 78 1455262 54 25191 13 470482 24 741713 01 18531 59 824359 34 1750408 08 40 00
40 00
Royal Arcanum 40 00
Royal Neighbors of America 40 00
Southern Woodmen 599 74 45167 21 30601210 102 50 40838 46 638931 61 1415561 24 84700 37 40 00
United Order of the Golden Cross 40 00 40 00
Union Grand Lodge F A M 40 00
Woodmens Circle Supreme Forest 116675 86 3532597 67 1490643 00 24938153 57 40 00 40 00

Total 84726205 05 12936761 16 140745789 21 48966284 05 1560 00

TABLE No 6
Comparative Tables showing business done by Insurance Companies
in the State of Georgia for the Years 1906
to 1913 inclusive1900
190C
1906
1906
1906
1907
1907
1907
1907
1907
1908
1908
1908
1908
1908
1909
1909
1909
1909
1910
1910
1910
1910
1911
1911
1911
1911
TABLE No 6
Comparative Tables Showing Business Done by Insurance Companies in the State of Georgia for the Years 1906 to 1913 inclusive
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 Fire
Accident Casualty and Surety
Fire
Life
Assessment Companies
Accident Casualty and Surety
Fire
Old Line Life
Assessment Life
Accident Casualty and Surety
Amount
Insurance in
Force
334459580 65
238257061 62
9281409 70
94454929 27
343282
318350
12728
106869
398735
609499
26249
120670
415974
320936
17800
163242
602 73
105 64
138 75
199 07
304 29
315 20
809 41
025 78
670 55
201 10
980 50
507 88
Premiums
4281305 95
7337848 96
684149 72
666665 49
4477407 90
7908817 60
797547 52
745360 59
4651734 69
8168084 90
778160 07
811598 50
Losses
1659543 25
2665295 69
262025 46
253657 89
2378900 48
2823055 00
32094 57
276193 55
2059941 52
2966297 96
342838 14
351558 73
4763438 20
8439856 53
916536 78
889676 30
5348056 40
8703437 12
1210107 20
1024291 26
5505043 26
9965386 90
1392946 05
1107860 88
3165058 46
3302705 44
385864 03
396396 41
2524704 85
3071620 86
650344 19
441788 09
2728535 51
3822902 06
534753 59
534200 55
Fees
12595 40
4235 20
2995 20
1936 60
700 00
14408 20
4220 34
2824 80
2613 60
15525 65
4290 20
1781 01
2922 55
500 00
17252 44
5102 20
1959 00
3490 20
297391 27
206479 83
11500 00
183797 96
441394 58
164778 56
1485 89
125855 27
Taxes
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
44632 92
84398 60
9214 00
8884 14
14985 00
5593 80
4152 60
4612 80
16176 85
6012 55
2846 80
5054 20
48628 48
84075 59
4769 94
9953 47
50447 80
90458 32
3214 93
10918 101912
1912
1912
1912
1912
1913
1913
1913
1913
1913
Fire 426571996 12 344601245 93 21366093 55 127869126 86 6207400 49 10629824 88 1574739 37 1254898 06 3296195 19 3558097 72 704598 80 569747 71 546144 64 305412 08 26692 67 140610 29 17217 00 7525 60 3006 20 5168 40 53553 66
Life 96813 51
Assessment Life Accident 3131 16
Accident Casualty and Surety 11326 89
Fraternal Orders
Fire Life 438777513 25 355342461 00 10905454 55 183348497 13 6098817 18 10801841 92 1668098 16 1701928 02 3217920 13 4037640 99 751487 22 845667 17 343336 88 301601 03 2243 08 201374 56 22200 00 10050 00 3108 00 6633 00 1560 00 53264 11 110249 29
Assessment Life Accident Fire 2298 63
Miscellaneous 15807 26
Fraternal
INDEX
A
ETNA ACCIDENT AND LIABILITY CO CONNECTICUT
Statement of 892
ETNA LIFE INSURANCE CO OF CONNECTICUT
Statement of 477
ETNA INSURANCE CO CONNECTICUT
Statement of
AFROAMERICAN LIFE INSURANCE CO OF ALABAMA
Statement of 484
AGRICULTURAL FIRE INSURANCE CO WATERTOWN N Y
Statement of 10
ALABAMA FIDELITY CASUALTY CO MONTGOMERY ALA
Statement of 897
ALLIANCE INSURANCE CO OF PENNSYLVANIA
Statement of 4y
AMERICAN BONDING CO OF BALTIMORE
Statement of 9ul
AMERICAN CASUALTY CO READING PA
Statement of 906
AMERICAN CENTRAL INSURANCE CO OF ST LOUIS
Statement of 49
AMERICAN REDIT INDEMNITY CO N Y
Statement of 911
AMERICAN CENTRAL LIFE INS CO IND
Statement of 494
AMERICAN LIFE AND ANNUITY CO OF GEORGIA ATLANTA
Statement of 835
AMERICAN LIFE AND ACCIDENT 1XS CO
Statement of 4861156 CoMPTROLLERG KNEKALS REPORT
AMERICAN DRUGGISTS FIEE INS CO CINCINNATI OHIO
Statement of fi
AMERICAN HOME FIRE 1S CO GREENVILLE s C
Statement of
AMERICAN FIRE INS CO OF NEWARK N J
Statement of
AMERICAN INSURANCE CO OF SAVANNAH GA
Statement of DDQ
OG
AMERICAN NATIONAL INSURANCE CO OF TEXAS
Statement of m aml Mfl
AMERICAN SURETY CO OF NEW YORK
Statement of n
i
AMERICAN UNION EIRE INS CO OF PHILADELPHIA PA
Statement of
AMICABLE LIFE NSURANCE CO OF TEXAS
Statement of jqo
ATLANTA HOME FIRE INSURANCE CO OF ATLANTA GA
Statement of i
ATLANTIC HORSE NSURANCE CO RHODE ISLAND
Statement of goo
ATLANTA MUTUAL INS ASSOCIATION OF ATLANTA GA
Statement of 030
ATLANTIC NATIONAL EIRE INS CO OF MACON GA
Statement of j
ATLAS ASSURANCE COMPANY LTD LONDON ENGLAND
Statemenl of
AUGUSTA EIRE NSURANCE 00AUGUSTA GA
Statemeni of 53
B
HANKERS HEALTH AND LIFE INS CO MACON GA
Statement of
BANKERS RESERVE LIFE CO OF OMAHA NEB
si atement of 400ComptrollerGenerals Report 1157
boston fire ins co boston mass
Statement of 57
BRITISH AMERICAN ASSURANCE CO TORONTO CANADA
Statement of 62
C
CAPITAL CITY FIRE INS CO ATLANTA
Statement of 874
CALEDONIAN FIRE INSURANCE CO OF EDINBURGH
Statement of 66
CAMDEN FIRE INS ASSOCIATION
Statement of 71
CHEROKEE LIFE INSURANCE CO ROME GA
Annual Statement of 504
CITIZENS FIRE INSURANCE CO BALTIMORE MD
Statement of 75
CITIZENS INSURANCE CO OF MISSOURI
Statement of 79
CITIZENS NATIONAL LIFE INS CO OF ANCHORAGE KY
Statement of 508
CITY OF NEW YORK INS CO X V
Statement of 83
COLUMBIA FIRE INSURANCE CO OF ATHENS GA
Statement of 90
COLUMBIA FIRE INSURANCE CO OF X J
Statement of 87
COLUMBIA LIFE INSURANCE CO OF OHIO
Statement of 514
COLUMBIAN NATIONAL LIFE NSURANCE CO OF MASS
Statement of 519 and 929
COMMERCIAL FIRE INS CO OF THE DISTRICT OF COLUMBIA
Statement of 941158 ComptrollekGenekals Beport
COMMEECIAL LIFE INS AND CASUALTY CO OE GEORGIA
Statement of
COMMERCIAL UNION ASSURANCE CO LTD OF LONDON
Statemen t of 09
COMMONWEALTH INS CO OF NEW YORK
Statement of in 1
CONNECTICUT FIRE INSURANCE CO OF HARTFORD
Statement of 1 q
CONNECTICUT MUTUAL LIFE INS CO HARTFORD
Statement of cog
CONTINENTAL AID ASSOCIATION OF ATLANTA GA
Statement of u 1 1
CONTINENTAL CASUALTY CO OF INDIANA
Statement of nog
CONTINENTAL FIRE INSURANCE CO OF NEW YORK
Statement of 110
COSMOPOLITAN LIFE INS CO OF ATLANTA
Statement of
D
IINIL FIRE INSURANCE CO OF GREENSBORO N C
Statement of 110
E
EMPIRE LIFE INSURANCE CO OF ATLANTA GA
Statement of gor
EMPLOYERS INDEMNITY CO OF PHILADELPHIA
Statement of nog
EQUITABLE CASUALTY CO OF ATLANTA GA
Statement of 03c
EQUITABLE FIRE INSURANCE CO OF CHARLESTON S C
Statement of joo
EQUITABLE LIFE ASSURANCE SOCIETY OF U S N Y
Statement of t

HKi
ComptrollerGenerals Report I 1159
EQUITABLE SURETY CO OF ST LOUIS MO
Statement of 943
EQUITABLE FIRE MARINE INSURANCE CO R I
Statement of 123
F
FARMERS JOOPERATIVE FIRE TNS CO OF GEORGIA
Statement of 876
FARMERS MUTUAL FIRE INS CO OF GA
Statement of 878
FARMERS MUTUAL FIRE INS CORP OF GA
Statement of 87
FARMERS PROTECTIVE FIRE INS CO OF GA
Statement of 881
FIDELITY AND CASUALTY CO OF NEW YORK
Statement of 950
FEDERAL CASUALTY COMPANY OF MICHIGAN
Statement of 47
FIDELITY AND DEPOSIT CO OF MARYLAND
Statement of 958
FIDELITY MUTUAL LIFE INS CO OF PHILADELPHIA
Statement of 551
FIDELITYPHENIX FIRE INSURANCE CO N Y
Statement of 132
FIRE ASSOCIATION OF PHLADELPHIA PA
Statement of 138
FIREMANS NSURANCE CO OF NEWARK N 1
Statement of 14S
FIREMANS FUND BIRE IXS CO OF SAN FRANCISCO CAL
Statement of ll
FIRST NATIONAL FIRE INS CO OF WASHINGTON D G
Statement of
FITCHBURG MUTUAL FIRE INS CO MASS
st atement of 1551150 ComptrollerGenerals Report
FKANKFOET GENERAL INS CO GERMANY
Statement of
FRANKLIN EIRE INS CO OF PHILADELPHIA PA
Statement of
159
FRANKLIN LIFE INSURANCE CO SPRINGFIELD ILL
Statement of
G
GENERAL ACCNT FIRE LIFE ASSUR CORP LTD PERTH
SCOTLAND
Statement of
969
GEORGIA FIRE NSURANCE CO OF POLK COUNTY GA
Statement of
li
GEORGIA HOME tNS 00 OF COLUMBUSGA
Statement of
lot
GEORGIA LIFE INSURANCE CO OF MAOON GA
Statement of
974
GEORGIA LIFE INSURANCE CO OF MACON GA
Statement of
GA MUTUAL INDUSTRIAL LIFE HEALTH INS CO GA
Statement of
04 b
GERMAN ALLIANCE FIRE IXS CO OF NEW YORK
Statement of
l 4
GERMANAMERICAN FIRE INS CO NEW VORK CITY
Statement of
16
GERMANIA FIRF INSURANCE CO OF NEW YORK
Statement of
172
GERMANIA LIFE INSURANCE CO OF FV YORK
SI atement of
563
GERMAN MUTUAL FIRE TNS CO OF SAVANNAH GA
Statement of RS
GIRARD FIRE l MARINE tNS CO PHILADELPHIA PA
Statement of lr
loo
GLENS FALLS FIRE rNSURANCE CO OF GLENS FALLS X Y
Statement of 1HComptrollerGenerals Report 1161
GLOBE FIRE INSURANCE CO OF ATLANTA
884
Statement of
GLOBE INDEMNITY CO OF N Y
980
Statement ot
GLOBE RUTGERS FIRE INSURANCE CO N Y
Statement of 19
GORDON CO MUTUAL FIRE STORM INS CO OF GA
Statement of S84
GREAT EASTERN CASUALTY CO NEW YORK
Statement of 986
iRKAT SOUTHERN FIRE INS CO OF KENTUCKY
200
Statement ot
GUARANTEE MUTUAL LIFE HEALTH JNS CO SAVANNAH
848
Statement ot
H
HANOVER FIRE INSURANCE CO OF NEW YORK
Statement of
HARTFORD FIRE INS CO OF HARTFORD CONN
212
Statement of
HARTFORD STEAM BOILEB INSPECTION INS CO CONN
990
Statement of
HOME FRIENDLY SOCIETY OF BALTIMORE MD
Statement of
HOME NSURANCE CO OF NEW STORK
217
Statement of
HOME LIKE NSURANCE CO OF NEW YORK
574
Statement of
I
ILLINOIS LIFE INSURANCE CO OF CHICAGO
t 581
Statement ot1162 ComptrollerGenerals Report
indiana national life ins co ind
Statement of gg
INDUSTRIAL LIFE AND HEALTH INS CO ATLANTA GA
Statement of 53
INSURANCE CO OF NORTH AMERICA PHILADELPHIA PA
Statement of 999
INSURANCE CO OF THE STATE OF PENN
Statement of 997
INTERNATIONAL LIFE INS CO OF ST LOUIS MO
Statement of 1
NTERSOUTBERN LIFE INS CO OF KENTUCKY
Statement of 595
INTERSTATE CASUALTY CO BIRMINGHAM ALA
Statement of 994
INTERSTATE LIFE AND ACCIDENT CO CHATTANOOGA TENN
Statement of 998

J
JEFFERSON STANDARD LIFE INSURANCE CO OF N C
Statement of 000
L
LIFE NSURANCE CO OF VIRGINIA RICHMOND
Statement of Q06
LIVERPOOL AND LONDON GLOBE INS CO ENG X Y
Statement of Lej
LLOYDS PLATE GLASS INS CO OP NEW YORK
Statement of 1002
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
Statement of 241
LONDON AND LANCASHIRE FIRE IXS CO LIVERPOOL ENG
Statement of 245
LOYAL PROTECTIVE NSURANCE CO OF MASS
Statement of101
ComptrollerGenerals Report 1163
LUMBER MUTUAL INS CO OF BOSTON MASS
Statement of 254
LlMBERMENS MUTUAL INS CO OF MANSFIELD OHIO
Statement of 260
LIMBER UNDERWRITERS FIRE INS CO NEW YORK
Statement of 2j
LCMBER FIRE INS CO OF NEW YORK
Statement of 250
M
MANHATTAN LIFE INSURANCE CO OF NEW YORK
Statement of
MARYLAND CASUALTY CO OF BALTIMORE
Statement of 1018
MARYLAND LIFE INSURANCE CO OF MARYLAND
Statement of 618
MASSACHUSETTS BONDING AND INSURANCE CO BOSTON
Statement of 025
MASSACHUSETTS FIRE AND MARINE INS CO BOSTON MASS
Statement of 264
MASSACHUSETTS MUTUAL LIFE INS CO SPRINGFIELD
Statement of
MASONIC PROTECTIVE ASSOCIATION OK WORCESTER MASS
Statement of 1033
MASONIC MUTUAL ACCIDENT CO OF SPRINGFIELD MASS
Statement of 1031
MERCANTILK MUTUAL FIRE INS CO PROVIDENCE R I
Statement of 26S
MERCHANTS LIFE ASSOCIATION BURLINGTON IOWA
Statement of 855
MERIDIAN LIFE INS CO OF INDIANA
Statement of 631
METROPOLITAN CASUALTY INS CO NEW YORK
Statement of 103t3H 64 ComptrollerGenerals Beport
METROPOLITAN LIFE INS CO OF NEW YORK
Statement of
635
MICHIGAN MUTUAL LIFE INS CO DETROIT
Statement of
644
MILWAUKEE MECHANICS FIRE INSURANCE CO WIS
Statement of
MISSOURI STATE LIFE INS CO OF ST LOUIS MO
Statement of
6o0
MUTUAL BENEFIT LIFE INS ASSN OF GEORGIA
Statement of
oOo
MUTUAL BENEFIT LIFE INS CO OF NEW JERSEY
Statement of
boo
MUTUAL LIFE INS CO OF NEW YORK
Statement of
ooz
N
NATIONAL CASUALTY CO OF MICHIGAN
Statement of
1040
NATIONAL FIRE INSURANCE CO OF HARTFORD CONN
Statement of
NATIONAL FIRE INS CO PARIS FRANCE
Statement of g1
NATIONAL LIFE ASSN DES MOINES IOWA
Statement of 0A
860
NATIONAL LIFE AND ACCIDENT INS CO NASHVILLE TENN
Statement of
ooy
NATIONAL LIFE INS CO MONTPELIER VERMONT
Statement of
NATIONAL LIFE INS CO OF CHICAGO ILL
Statement of
674
NATIONAL SURETY CO OF NEW YORK
Statement of
NATIONAL UNION FIRE INS CO PITTSBURG PA
Statement of ComptrollerGenerals Report 1165
newark fire insurance co oe new jersey
Statement of 28S
NEW BRUNSWICK EIRE INS CO NEW BRUNSWICK N J
Statement of 292
NEW ENGLAND CASUALTY CO
Statement of 1056
NEW ENGLAND MUTUAL LIFE INS CO BOSTON MASS
Statement of 686
NEW HAMPSHIRE FIRE INSURANCE CO MANCHESTER
Statement of 296
MOW YORK LIFK NSURANCE CO OF NEW YORK
Statement of 692
NEW YORK PLATE GLASS INS CO N Y
Statement of 1048
NIAGARA FIRE IXS 00 OF NEW YORK
Statement of 301
NORD DEUTSCHE INS CO GERMANY
St a lenient of 316
NORTH AMERICAN ACCIDENT INSURANCE CO OF ILL
Statement of 1052
NORTH AMERICAN IIFF INS CO ILLINOIS
Statement of 699
NORTHERN NSURANCE CO NEW YORK
Statement of 309
NORTHERN ASSURANCE CO LTD
Stat ement of 312
NORTH CAROLINA MUTUAL AND PROVIDENT ASKN DURHAM
Statement of 862
NORTH K1VFR FIRE NSURANCE CO NEW YORK CITY
Statemenl of 320
NORTHWESTERN MUTUAL LIFK INS CO OF Is MILWAUKEE
Statemenl of 7041166 ComptrollerGenerals Eeport
o
OCEAN ACCIDENT GUARANTEE CORP LTD OP LONDON ENG
Statement of1061
ORIENT EIRE INSURANCE CO OF HARTFORD CONN
Statement of 329
P
PACIFIC COAST CASUALTY CO OF CALIFORNIA
Statement of 1071
PACIFIC FIRE INS CO OF NEW YORK
Statements of 333
PACIFIC MUTUAL LIFE INS CO OF CALIFORNIA
Statement of 710
PACIFIC MUTUAL LIFE INS CO OF CALIFORNIA
Statement of 1067
PALATINE INSURANCE CO LTD OF LONDON ENGLAND
Statement of 336
PAN AMERICAN LIFE INS CO OF N ORLEANS LA
Statement of 718
PENN MUTUAL LIFE INS CO OF PHILADELPHIA
Statement of 723
PENNSYLVANIA FIRE INS CO OF PHILADELPHIA
Statement of 340
PENN LUMBERMANS MUTUAL FIRE INS CO PHILADELPHIA
Statement of 344
PENN MILLERS MUTUAL FIRE INS CO
Statement of 348
PHOENLX ASSURANCE CO LT
Statement of 355
PEOPLES NATIONAL FIRE INS CO WILMINGTON DEL
st atement of 35
PHOENIX FIRE INS CO OF HARTFORD CONN
Statement of 360ComptrolleeGeneeals Repoet 1167
phenix fire ins co paris france
Statement of 364
PHOENIX MUTUAL LIFE INS CO OF CONN
Statement of 730
PILGRIM HEALTH AND LIFE INS CO OF AUGUSTA GA
Statement of 855
PITTSBURG LIFE TRUST CO PITTSBURG PA
Statement of 737
PREFERRED ACCIDENT INSURANCE CO NEW YORK
Statement of 1077
PROVIDENCE WASHINGTON INS CO PROVIDENCE
Statement of 367
PROVIDENT LIFE AND ACCIDENT INS CO CHATTANOOGA
Statement of 743
PRUDENTIAL INSURANCE CO OF AMERICA NEWARK N
Statement of 747
Q
QUEEN LNSURANCE CO OK AMEBICA X Y
Statement of 372
R
RELIANCE LIFE LNSUEANCE COMPANY PITTSBURG PA
Statement of 75
RESERVE LOAN LIFE INS CO INDIANAPOLIS IND
Statement of 760
RIDGLEY PROTECTIVE ASSOCIATION WOBCESTEK MASS
Statement of 1092
RHODE ISLAND INS CO R I
Statement of 386
ROYAL CASUALTY COMPANY OF ST LOUIS MO
Statement of 1084
ROYAL EXCHANGE ASSURANCE CO OF LONDON
Statement of 3771168 ComptrolleeGenebals Eeport
royal indemnity co of new york n y
Statement of 1087
ROYAL INSURANCE CO LIVERPOOL
Statement of 3g
S
SAVANNAH EIRE INS CO SAVANNAH GA
Statement of 3gg
SCOTTISH UNION AND NATIONAL INS CO EDINBURGH
Statement of 390
SURETY FIRE INSURANCE CO NEW HAVEN CONN
Statement of 3gg
SOUTHERN LIFE INSURANCE CO NASHVILLE TENN
Statement of 005
SECURITY MUTUAL LIFE INSURANCE CO OF NEW YORK
Statement of tck
SOUTH GEORGIA FARMERS FIRE INS CO TIIOM ASVILLE GA
Statement of gg
SOUTHERN NATIONAL LIFE INS CO LYNDON KENTUCKY
Statement of j
SOUTHERN STATES FIRE INS CO ATHENS GA
Statement of jr
SOUTHERN STATES KIRK 1XS CO OF GA
Statement of NS
SOUTHERN MUTUAL FIRE INs CO Oh ATHENS GA
Statement of 0l
SOUTHERN STATES LIFE INS COOF ALABAMA
Statement of 79
SOUTHERN STATES MUTUAL LIFE VI R1 XI A
Statement of Sll
SPRINGFIELD FIRE AND MARINE INS CO MASS
Statement of IMS
STANDARD ACCIDENT INs CO OF MICHIGAN
Statement of I1M1 V li Htfirt
ComptrollebGeneeal s Report 1169
standard fiee ins co hartford
Statement of 412
STATE LIFE INSURANCE CO INDIANAPOLIS IND
Statement of 773
STANDARD LIFE INS CO ATLANTA GA
Statement of 772
STATE MUTUAL LIFE ASSURANCE CO WORCESTER MASS
Statement of 784
STATE MUTUAL LIFE INSURANCE CO OF ROME GA
Statement of 779
ST PAUL FIRE AND MARINE INS CO ST PAUL MINN
Statement of 416
SUBSCRIBERS AT U S LLOYDS INS UNDERWRITERS N Y
Statement of 44i
SVEA FIRE AND LIFE INS CO OF GOTHENBURG SWEDEN
Statement of 421
SUNLIGHT INSURANCE CO ATLANTA
Statement of 890
T
TITLE GUARANTY AND SURETY CO OF SCRANTON PA
Statement of 1111
TRAVELERS NDEMNITY CO OF HARTFORD CONN
Statement of 1104
TRAVELERS INSURANCE CO OF CONNECTICUT
Statement of miii
TRAVELERS INS CO OF HARTFORD CONN
Statement of 1 109
U
CNION CENTRAL LIFE INS CO OF OHIO
Statement of gig
CNION FIRE INS co or PARIS FRANCE
Statement of I I sH70 CompteollebGenebals Eepoet
UNION MUTUAL ASSOCIATION OE ATLANTA GA
Statement of Sfio
UNION MARINE INS CO LIVERPOOL
Statement of
U S BRANCH NORWICH UNION FIRE ENGLAND
Statement of
U S BRANCH SUN INS OFFICE OF LONDON
Statement of
4i
U S BRANCH YORKSHIRE INS CO ENGLAND
Statement of rn
UNITED FIREMENS INS CO PHILADELPHIA
Statement of
U S BRANCH AACHEN MUNICH FIRE INS CO IX LA CHAP
ELLE GERMANY
Statement of
U S BRANCH EMPLOYERS LIAB ASSUR COR ENG
Statement of
9ao
U S BRANCH LIVERPOOL LONDON GLOBE INS CO LIVERPOOL
ENGLAND
Statement of oofi
U S BRANCH SONSAN GUARANTEE ACCNT CO CANADA
Statement of A
1015
U S BRANCH LONDON GUARANTEE ACCDT CO LONDON
Statement of nffi
U S BRANCH HAMBURGBREMEN FIRE INS CO GERMANY
Statement of
U S BRANCH N BRITISH MERCANTILE FIRE INS CO LONDON
AND EDINBURGH
Statement of
ii
U S BRANCH THAMES MERSEY MARINE INS CO LTD GRET
BRITAIN IRELAND
Statement of
429
UNITED STATE ANNUITY LIFE INS CO ILL
Statement of yComptrollerGenerals Eeport 1171
united states casualty co of new york
Statement of I114
UNITED STATES FIDELITY AND GUARANTY CO MARYLAND
Statement of 112
UNITED STATES FIRE INS CO PHILADELPHIA PA
Statement of 44
UNITED STATES HEALTH AND ACCDT CO SAGINAW MICH
Statement of 1120
UNITED STATES HEALTH LIFE INS CO ATLANTA
Statement of 871
V
VIRGINIA STATES FIRE INSURANCE CO OF RICHMOND
Statement of 4o1
VOLUNTEER STATE LIFE INS CO CHATTANOOGA TENN
Statement of 826
W
WESTERN ATLANTIC FIRE INS CO NASHVILLE
Statement of 455
WESTCHESTEB FIRE INS CO OF NEW YORK
Statement of 4C4
WESTEBN ASSURANCE CO TORONTO
Statement of 460
WILLIAMSBURGH CITY FIRE INS CO OF N Y
Statement of 468GrA
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